still with us, joyce chang of jp morgan.uld such a deal, as one we are talking about here, between china and the, mean for -- the eu, mean for investors? joyce: i think you are going to see portfolio inflows move into china. fixed income and equities is still low. i think one thing china is very conscious of, they want those portfolio flows. we have seen china going into the mainstream global fixed income indexes. we feel that is about $150 billion to $200 billion of flows. we think as we see tension between china and the u.s. and eu on issues such as labor, human rights and on the tech side, we still see china has kept opening its financial services to foreign investors. we think investors don't look at that yield differential, they look at growth differential in china. we have china growing 8.6% in 2021. that is something the chinese are focused on, they want to keep the capital markets aspect, something that is global in nature and still able to put a framework on the places that encourage foreign participation. guy: one

of the matter, and i want to make clear that jamie dimon has underfoot research tip ability, and joyce changnd john normand and the rest of them have called for sustained lower rates, like mr. major. steve major, you are saying the output gap is there, conventional economics works, and the wage gap cannot move. right? steven: until you close the output gap come until you have taken the cycle away, it is difficult to see how inflation goes up. as recently as 2012, the fed had a forward guidance in place. inflation went comfortably above 2%. unemployment was stuck at 8%. they did not hike. we have the same situation now. so they are telling us that they are ready for inflation to go above 2, to try to drag the moving average toward that 2% number over time. unemployment is not going to go down. with janet yellen in her new position, the expert on labor market economics, you would have thought that people would start to get this by now. it matters to get the unemployment rate down. it matters to get all the minority groups back to work. only then, and with inflation above the average, can we st

joyce chang is a level research of jc morgan. that is one of the leading analysts on china's economy anywhere. she is helped top ranking institutional investors surveys for investing market and it before joining jp morgan was managing director rated and another is assistant director and also mentor festered monetary economics of the university of berlin. where he served as a tenure full professor. it is previously taught princeton as well. and another is a founding principle of the 20 -year-old credit rating advisory firm, spectrum. she's an expert on the logic of capital market development and testified for the u.s. senate. been an advisor to hong kong's monetary and is just one of the leading experts on all issues related to credit. in logan is director of a group, and the china market research . is also nonresident fellow with us in trustee chair ses i have prayed previously logan was head of research of the global advisories and china analyst and research. with amazing bradys joining us from hong kong today. some going to tur

joyce chang, thank you stephanie link, always good to see you.h >> thank you >>> let's talk moderna an fda advisory panel is meeting as we speak to vote whether to recommend moderna's covid-19 vaccine candidate for emergency use authorization. for more, let's bring in mr. singh from oppenheimer how prepared is moderna for the next steps i think they are very prepared they have been developing mrna vaccines for a while covid-19 is not their first dance with mrna vaccines they have five or ten others that they brought into the clinic their ability to manufacture and deliver these i think is well validated. >> what will you be looking for in terms of the fda discussion that you are following, and some of the commentary assume thalg we to get that emergency use authorization go ahead, and tow potentially, the fda approval. >> yeah, sara, the fda discussion really is first you know centered around safety and efficacy of the vaccines they have to do their job, which they are doing, both for the pfizer/biontech and this one tflt second part of the discu

anyone right and well freddie and joyce locking countries down with lost control of this virus testing trace has been a complete mass a complete waste of money climate change will be similar especially amongst the uk government generation because i have recently doing the you know outer islands to be chirpy time it's an economically very wealthy conscious liberal to cut their money drain by paying for. 3 days prior to the carried $19.00 money completely wasted which they could of course ensued environmental projects to how well the country bridger issues are with that with the top junction. for the rest of the world is not so much of a problem but this is actually reached by we should get any personal freedoms whatsoever. first in world news in brief riot police have clashed with lebanese students at the top university protesters tried to storm the main campus angry that despite the economic crisis situation fees are being doubled. tens of thousands of pro-choice activists erupted into cheers as argentina's senate voted to legalize abortion a deeply divisive issue in the catholic majority country people celebrated the decision by throwing green smoke bombs

think anyone right and well ready and joyce lucky country stout lost control of the stars testing trace has been a complete massacre rate waste of money on a change of the center especially not the act government generation because i have recently during the iraq to have instability in turkey time it should be on a regular well he talks not so much of a problem but this is i reached my reach to get any personal freedoms also. without as your last point i from the newsroom and studio but the programs keep on rolling here in our to catch a show in moments i'll be here again in 30 of killjoy need. to . be conquered. join me every thursday on the alex salmond show and i'll be speaking to guest of the world of politics sports i'm sure. i'll see you then.

anyone right and well freddie and joyce locking countries down we've lost control of this virus testing trace has been a complete mass a complete waste of money climate change will be similar especially amongst the uk government generation because i have recently doing the you know outer islands to be chirpy time it should be on a regular well be conscious of the broth of her money drained by paying for. 3 days prior to the code 19 money completely wasted which they could of course ensued environmental projects to help other well country bridge or issues or with that with the top junction. the rest of the world is not so much of a problem but there's a degree why we should get any personal freedoms whatsoever. top health officials in the u.k. of expressing strain concern over a surge in covert cases when. daily records of more than 53000 said for 2 days in a row and there's no rush to get hold of vaccines to with wealthy people reportedly offering thousands of pounds for a shot but as things stand there are luck the job can only be received through the national health service for free the pfizer drug was approved in the u.k. this month and all available dos

think anyone and well freddie and joyce locking countries down we've lost control of this virus testing trace has been a complete mass a complete waste of money climate change of the center especially mass the i got me generation because i have a reason for doing it though you know what to happens to be chirpy time it's an economic leader wealthy conscious liberal to her money drain by paying for. the reply to the carried 19 money completely wasted which they could of course ensued environmental projects to help her well country bridger issues are with that with the top junction. the rest of the world is not so much of a problem but this is a breach why we should get any personal freedoms whatsoever. your global news update continues after this short break. join me every thursday on the alec simon show and i'll be speaking to guests of the world of politics sports business i'm show business i'll see you then. welcome back to the program you and china have struck a landmark deal after must 70 years of talks that opens up the chinese market to european investment while giving beijing and inroad to some strategic european projects or want to cross live to arte

think anyone and well freddie and joyce lock in country south we've lost control of this virus testing trace has been a complete mass a complete waste of money climate change would be similar especially amongst the uk government generation because i have a reason for doing it do you know how to harness the billy church retirement she can wreck the wealthy conscious of wealth of her money drain by paying for. the reply to the carried one statement money completely wasted which they could of course ensue environmental projects to help our world country bridge or issues or with that at the top junction well the rest of the world is not so much of a problem but theirs and i reached my reach to get any personal freedoms whatsoever . still had france is fighting a battle on several fronts with the pandemic a wave of extremism and. growing hostility from several muslim nations i'll be looking into that after the break. in. one almost choked same brawl role just don't call. me old yet to say proud just being called to educate and in gay training equals betrayal. when so many find themselves worlds apart. chance to look for common ground. welcome back to the progra

anyone right and well written and joyce mocking countries down with lost control of this virus testing trace has been a complete mass a complete waste of money climate change of the center especially much the act got beat generation because i have recently during the you know outer islands to be chirpy time initiating the recchi the wealthy conscious of the belt of money drain by paying for. 3 days prior to the code 19 money completely wasted which they could of course ensued environmental projects to help other well country bridger issues are with that with the top junction. the rest of the world is not so much of a problem but this is i reached my reach to get any personal freedoms whatsoever. now for some world news in brief it's been reported that at least 5 people have been killed and multiple injuries reported in mid massive explosions and gunshots yemen's even airport after a plane arrives from saudi arabia carrying yemen's new government and the exact number of wounded has not yet been confirmed though it's not thought any of the ministers are among those injured. by police have clashed with the love of the students at the top university protesters

anyone right and well freddie and joyce lock in country south lost control of this virus testing trace has been a complete mass a complete waste of money climate change of the center especially much the act government generation because i have a reason for doing it though you ought to happens to be chirpy time it's an economic lever wealthy conscious liberals are for money drain by paying for. the reply to the carried one statement money completely wasted which they could of course ensued environmental projects to help our well country bridger issues are with that with the top junction. the rest of the world is not so much of a problem but this is actually reached why we should get any personal freedoms whatsoever. there's a minute now for 3 more world news stories riot police have clashed with lebanese students at the top universities what you're seeing here protest is trying to storm the main campus angry that despite a covert link economic crisis situation fees a big double. thanks. tens of thousands of pro-abortion activists are up to didn't she is as argentina's senate voted to legalize abortion a deeply divisive issue in the catholic majority c

. >> so with that, joyce, considering that there is this idea that a pardon could actually be purchased from the white house, do you think there needs to be a changeon power of the president, a change to the fact that presidents shouldn't necessarily be able to pardon and have this absolute power considering the fact that there are reports, this president may, in fact, pardon his friends, his own attorney, and his family members? >> that's a really important question for us to ask right now, the reality is it would be very difficult to alter the president's pardon power because it's enshrined in the constitution and he has broad latitude to issue pardons. the really, i think, thorny issue here is let's say the president accepted a bribe in exchange for a pardon, that pardon itself could still be valid. there might be criminal conduct, bribery that could be pursued but it wouldn't undo the pardon. so a lot of people, a lot of states, a lot of political folks would have to come together to change the pardon power. that seems extremely unlikely. particularly in our current political environment. but we are seeing the potential for abuse of the power

are fra fraudulent in five or six states enough to change the count in this election and there is simply no evidence to support those claims. >> joyceth so much for spending some time with us and jims thanks for your great reporting on this. when we return, as we watch donald trump trying to overturn an election he lost, we'll be joined by our good friend and colleague rachel maddow to talk about her new book about one of the biggest crooks in american political history and what it took to stop him. and whether that could possibly work in these times. back with rachel after a quick break. ck break. ♪ experience the power of sanctuary at the lincoln wish list sales event. sign and drive off in a new lincoln with zero down, zero due at signing, and a complimentary first month's payment. ♪ i got it all from you ♪ i'm always pushing through ♪ i know we'll make it to the finish line ♪ ♪ i know you're waiting on the other side ♪ ♪ i'm like you on-demand glucose monitoring. because they're always on. another life-changing technology from abbott. so you don't wait for life. you live it. >>> current and former u.s. officials tell nbc news th

again, yesterday joe biden talked about list climate change team facing the biggest threat we face as a nation. will: persistence is very, very vert joyceersonality characteristic. good job, peter doocy, showing ones again persistence. when it comes to hunter biden by the way, joe biden will not answer questions. you can't trust that administration will allow a investigation to continue. attorney general's office, doj under joe biden you shouldn't, no rational person, republican or democrat say they will eventually investigate themselves. why trey gowdy says there will be a needed a special prosecutor to look into the issues, listen. >> it needs to be investigated, jesse. there are three groups that do investigations in our culture. law enforcement, fbi, doj if it is criminal in nature. all bad things are not criminal. why you have congress and the media. the media has not lift ad finker to investigate this. in fact they have done the opposite, even if you don't believe any of what you just said, even if someone is it really skeptical joe was clear, he knows absolutely nothing about anything. sergeant schultz defense, i know nothing. hi