Tom Jonathan News Today

We welcome you on the simulcast. Bloomberg radio and Bloomberg Television across this nation and worldwide. This due of news is just extraordinary. An important moment will be Lawrence Kudlow after the jobs report. But jon, i want to talk for a moment about the markets. Affected. Oeing come up 5 . Igit 13 on the s p 500 yeartodate, and the nasdaq 100, lisa has loaded the boat on the nasdaq, up 38 . This is a boom and great bull market. Jonathan record on the nasdaq, just off that on the s p 500....

Worldwide, and television as well. A bit of a fog and rain in new york. A fog towards the election seven days on. After the carnage we saw yesterday, we really have to recalibrate where we are because we advanced so nicely for it yesterday. It really isnt all that much of a pull back to, is it pullback technically, is it . Jonathan lets be clear, the s p 500 might be bouncing back by about 0. 5 , europe is not as all. Not just the caseload, but also the restrictions around the continent. Europe ...

American labor economy will fold into what we hear from that press conference. , howevera longer bid long rates will stay. But then there is this reality of x million of people here with no hope of a job. Jonathan we get the forecast and i think that is important. This Federal Reserve may have to upgrade them and say we are not doing anything for a long time. Tom while you were sleeping, i was saying following this delegate meeting. Saveel mckee is going to me and the 2 00 p. M. Show. Nuancescac...

You are, a lockdown. A judicial lockdown in washington as well. One of the tea leaves am looking at is strong in, really indicative of the correlated angst we are seeing right now strong yen, really into get of of the correlated angst we are seeing right now. Jonathan in europe, the ftse off by more than 3 . The dax off by 3. 25 . Europe also looking to washington. Let me be clear about that. That has been the conversation throughout the morning here in london. What do the evans over the weekend...

To see a two year yield come in and a 10 year bond coming in with a vengeance. Coming in is that signal slowdown, massive curve flattening. Jonathan 10year yield breaking down. We are down eight points on the s p 500. Lisa, phase one was about access to capital and drawing down credit lines. Phase two is about the permanent decisions, cuts and layoffs. That is what has been building this week. Lisa we have seen those cuts and layoffs likely to be ongoing with a number of cfos studies pointing at...

Last 400 days is we are finally on dollar support. We will talk about this through the show. On dxy, the blended dollar index , with strong euro contribution, we are really on the support of a signal to a weaker dollar. Jonathan it is the trait everyone would hope would develop it is the trade everyone was hoping would develop. We see that on the screen this morning. It is a tugofwar between pretty negative corporate guidance and the vaccine hopes that started yesterday evening. Lisa i would arg...

We shifte weeks where from recovering east coast cities with all of our bias there to the rest of america. It is not a pretty picture. What i find fascinating is axios moments ago features new mexico and oregon, where others are featuring arizona and texas. It is a state they are, a state here. I dont buy the second wave stuff. It just sums up to an expanded pandemic. Jonathan for real it is a moment for real humidity. Not a moment to project for real humility. Not a moment to project confidence...

Easing of lockdowns. Taylor i got him steven major you have thes massive helicopter money and stimulus but if the demand does not come back, he is more worried about disinflation, that made my ears perk up. Francine lets get straight to the bloomberg first word news. The European Unions executive arm is coming out with its own stimulus package to deal with the regions worst economic emergency since world war ii and calls for spending 823 billion. Two thirds will be in the form of grants and the ...

To work out what the future relationship looks like between the United Kingdom and European Union. Tom we welcome all of you. Good morning on Bloomberg Radio in boston, new york, and washington. Very Early Morning in san francisco. I would suggest to our sirius xm audience, as well as all worldwide tv, what is important in this changed United Kingdom, it can actually drift over to the 2020 election. Jonathan i think you are wondering, imagine a republican president winning massachusetts, a repub...

These are your markets we are getting some data. Manufacturing pmi coming in better than expected. Little bit ofa optimism when it comes to the stoxx series the stoxx 600. Treasuries falling with the bonds. U. S. Looking daughters holding dollars holding pretty steady. Coming up tomorrow we speak to the Goldman Sachs chief executive, david solomon. Meantime we will speak about euro markets. As get to the bloomberg first word news in new york city. Viviana Prime Minister Boris Johnson has apologi...