Tom Jonathan News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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. The market has ignored all of the bad stuff over the last month and held onto all of the good stuff...

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 has a problem. I keep talking about this. Theres a real issue in the european economy. The recovery ...

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. Nuancescacies here, the i would suggest would be important. I was up at 1 00 eastern just to throw that out he...

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 me for policy and washington, d. C. . The past toward the fisc or agreement much trickier now towar...

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 Bigger Companies looking to shrink their workforce further through the end of the year. The thing i...