The shift we saw in washington yesterday about 4 00 p. M. We dont need to be on this all day. Every other network is going to cover it up and sideways come but this this is original actions by a president of the United States, really reminiscent of what we saw in 1876. It is a story our Washington Team will cover. This election of 2020 continues. Jonathan that tuesday night still continues in some ways. The news of the last 15 minutes is on the vexing front. Pfizer on the vaccine front. Pfizer set to file today for emergency other ration emergency authorization use. Think that has been the sequence, and each time there is a lesser market reaction. Jonathan i tugofwar continues. If we think about the tugofwar right now, the tension is phenomenal. On the one side, the darkening near term outlook because of the restrictions in the of the economy, and then the brightening forward outlook it can get vaccinations started in month. In the last 24 hours, the Federal Reserve and the treasury se
The earnings season gets into full swing a little bit later on. I think a lot of investors today are trying to digest this surge of bond yields and what that means for a possible rotation. The flipside to this think synchronized Global Growth, the impact on asset classes. We had a story with yen and th e boj. We know Philip Hammond and david davis are separately in germany. Now, coming up, we discuss super cars and making motorsports very cool again when it comes to for example, sustainable gas ceo. We get commodity calls from jeff curry at Goldman Sachs and a little bit later in the day, we bring you the exclusive interview with elizabeth warren. We talk immigration and tax. The children of undocumented immigrants are facing deportation from the country and have won a court order temporarily blocking the Trump Administrations decision to end the dreamer program. A judge in San Francisco rejected the argument that the courts do not have the authority to secondguess whether the presiden
A lot of questions, we have answers. Power lunch begins right now welcome to power lunch. Brian talk about the dow has all over the map then rallied up, down up, down up it could be the biggest com decrease back for you dow in more than seven years. The vix top 50 for the First Time Since august of 2015. Right now it struck 36 check out some of the individual movers gm is rallies, lululemon recovering from early losses on news that the ceo is out investors taking a bite our dunkin, as you can see. Tyler . Good afternoon, everybody. We begin, of course with a wild day on wall street bob pisani is watching all the action at the New York Stock Exchange hi, bob. Hello, tyler, we are looking for a bottom we are looking for signs of a selling climb max, some kind of emotional catharsis, we may have had had it at the open the bottom was right there we opened 2593 on the s p 500. Were at 2650. Thats a better than almost 60point move. Thats pretty huge that was the lows at the open. Weve had en
X are preparing to ditch the u. K. At least the republican senator say they will vote to block the current version of their partys health care bill. What does this mean for tax reform . This is bloomberg surveillance. Mario draghi will speak shortly. We also have all your currency checks. Ecks. First things first, lets check quickly on your stock market. Global stocks, mixed. Investors believing an appearance by janet yellen. She speaks in london later today. They are looking to her for a close on the outlook for President Trump says the Supreme Courts partial revival of the travel ban is a clear victory. People from six majority muslim countries will now be barred, unless they show a genuine relationship with a personal entity in the u. S. The court will consider in october whether the executive order is constitutional. Republican senators will look to block the latest version of the partys health care bill. A new estimate from the Congressional Budget Office found the bill would leav
Lets get straight to the bloomberg first word news with taylor riggs. Taylor republican president ial nominee donald trump is pushing back against allegations of Sexual Assault. The womenhe says accusing him of misconduct were lying at a rally in florida and in two appearances in ohio, calling them vicious and false. He is back on the campaign trail today with two appearances in north carolina. In europe, the president of the European Union is offering a stark choice to the u. K. Hard brexit or no brexit, take your pick. Donald tusk delivered his hardline stance in brussels, signaling that the departure may take longer than two years, and it is when theresa may realized it will be painful for britain. And thailand is beginning a year of mourning for the worlds longest reigning monarch. He died yesterday at the age of 88. The government signaled that his only son will ascend to the throne. He was a symbol of unity in the country rocked by 10 coups. He has been ill for years, making limi