Cooperman taking on trump over the Federal Reserve in times of crisis Worldwide Exchange begins right now. Good morning and welcome to the show im dominic chu. Announcer to Brian Sullivan. With me the entire hour, peter bookfar wiright now stock futur indicate what could be a nice open to the upside, about 175 points within the last hour we were up 400 to 500 points implied. Well see if that moves. The Dow Jones Futures have been going from losses all the way to gains. At one point we had a range of 1100 its been a volatile, possibly preshadowing the market. Tenyear government yields we gone down to 1. 0 3 year, setting the record twoyear treasury notes, 1. 2 . The session low for americanbased crude is 43. You can see 45. 53 the last trade there. We have seen a bit of a downside move in the last hour or two lets watch whats happening a rebound in under way, in asia and europe as well as investors hope for action from global Central Banks around the coronavirus. Matt taylor is in singa
I would say theres nothing that focuses the mind on the issue of Health Care Like the prospect of a pandemic, and that is what were facing now with the coronavirus. Americans should not panic and they shouldnt be pessimistic but we need to be realistic as the numbers start to increase over the world. And we take note of our vulnerabilities here in the United States of america. Were also, i hope, reflecting on what were counting on toest go us through this pandemic in a posse comitatussive fashion in america. The first thing is we look to two Major Health Care organizations of the federal government the National Institutes of health, which is the premier Health Research agency in the world, and the center for disease control, which again leads the world when this comes to preventing the spread of disease and threats to the Public Health of america. The question we should ask ourselves is how have we treated these agencies to date. The answers are mixed. The answer when it comes to Natio
You talk about a political spin. You know, they were blaming it on a video. You know, i know, the American People know it wasnt a video. Did that have a political consequence . Yes, it was right before an election. And yet he didnt get impeached for that. So when we Start Talking about the standards, ill be glad to come back on and debate those standards all day long. But heres the bottom line. No facts, no credible facts, three of the top people in ukraine that continue, they continue to say, there was no linkage, no pressure. I mean, at what point do you say, where is the victim of this crime . Its not the American People, because the president was looking out for their best interest. I want to ask you about that because you say no facts, but we heard from the u. S. Ambassador to the eu, we heard from the top u. S. Diplomat in ukraine, we talked to the Top State Department official who oversees ukraine, we heard from yeah, none officials appointed by the president. All of them said t
Stoxx 600 at a record high. On top of that encouraging news out of china. The pound, 1. 3363, getting a little bit of data with manufacturing. 45. 9 but it is still also indicating contraction. Lets take a look at a share price of electoral a come of , those are down. Mark carney will present the financial report. Thats from 5 00 p. M. London time and we should be a week away from the nomination of the new bank of england governor. Lets get straight to bloomberg first word news in new york city. Boris johnson will appoint new ministers to his cabinet after his landslide victory in the u. K. Election. The Prime Minister will welcome 109 new conservative members of parliament to london. They will take their seats in the house of commons. Downing street saying the government will introduce a law to deliver brexit before christmas. That will pave the way for the eu divorce and take place by the end of january. The International Effort to rein in fossil fuel pollution stumbling after u. S.
Chinese stocks turning higher after a phase i trade deal to calm and solid industrial and retail data. Consequences. Be china threatening retaliation and germany bands hallway hallway. Calm carmakers could be caught in the crossfire. Prime minister Boris Johnson prepares to name his new cabinet. Sterling strength continues as investors stay positive on brexit. Under an hour away from the start of cash equity trading. Taking a look at what futures look like, all green across the board. Ftse futures still gaining solidly. It looks like it could be a risk on day. Absolutely. A slightly sluggish picture coming through, a lot of questions hanging over the trade story. To what extent are we going to see the rollbacks . Questions and after that, the mixed picture on chinese data. Retail sales better than expected. Mind andof that in with some of the euphoria that see the msci pacific fairly flat. A couple of red headlines closing the bloomberg. Inrth Quarter Sales coming just below the 62 bil