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Minute. Veterans day yesterday in america with the bond market shut down. There is no other backstory in america right now than the pandemic. It has pushed everything aside, including this election. Francine i agree. We will have play more on that. Lets get straight to the bloomberg first word news. Here is rick a group to ritika gupta. Ritika the state of georgia will conduct a hand count a recount by hand. Joe biden leaves by leads by roughly 14,000 votes. The Trump Campaign alleged there were widespread election regulators, but there was no proof. President elect joe biden is naming longtime aide ron klain as white house chief of staff. Klain played a leading role during the economic and Public Health crises of the Obama Administration, leading the the job the job is one of the most powerful in washington. Dharna ....
And say there was not a lot of politics or policy. Look at the post to see who won, but the wider implication is that it was chaotic. It was acrimonious. Think it is going to be hard to get a clearcut winner, or certainly it will be tense. Coverage in washington, driving the story forward to october 15. A town hall meeting in miami. First world news in new york city, here is ritika gupta. Ritika it was billed as the first president ial debate, but last nights event in cleveland quickly slipped into chaos. Insults drowned out ideas. At one point, President Trump and joe biden battled over coronavirus. He knew it was a deadly disease. What did he do . He is on tape acknowledging he knew it. He didnt give us a warning because he didnt want to panic the people. You dont panic, he panicked. The only thing i have not done a good job, thats because of the fake news. Better what you say, they give you fake press. They give you good press ....
It is an extraordinary day. We are to have a conversation here on what do you do with your money given what we have seen. The fed upstaged by the bank of england today with actual talk about the process to affect negative Interest Rates. Jon they have stepped up the flirtation, that is for sure. In the last 24 years, the whole thing is relatively ridiculous. Theyre forecasting 4 unemployment for 2020, 2 inflation with rates still going nowhere. If they are willing to tolerate that, rates are going nowhere for a long time. Tom the dissidents of the press conference was some really weak questions. Right near the end, mike mckee stopping traffic with a question about the efficacy forward, the path forward for the fed. It is a mystery. Jon you brought up this News Conference a couple of times. Do you want to vent a little bit . Tom im going to vent. Im doing this with jon, who h ....
Think they were already in a tough place, particularly u. S. Banks. It is likely, as this progresses, the chinese will put more pressure on them, the u. S. Will have to put more pressure on them. They are going to have to take sides. Yesterday a guest walked the overlyot sounding enthusiastic about the decisions he had to make. It is really going to be tough. The chinese will pile pressure on. Tom maybe we will see that pressure today. We have our people in hong kong watching the story. Also in beijing, karen leigh scheduled to be with us throughout the money. In new york city, here is ritika gupta. Ritika President Trump is due to punish china because of the national the sweeping national law. He finds legislation would chinese that sanction chinese officials responsible for cracking down on political dissent in the city. Beijing told the u. S. To quit interfering in chinese affairs. Heres a very hong kong brain train are increa ....