We will see mixed pmi globally. The pmi will continue falling. It will be a big hit to china, hong kong, maybe all of asia. The bond market is saying something is wrong. You look at where we are in 10 year yields. Fixed income yields keep falling. Yields are incredibly low. Very low yields. They are pricing in structural stagnation, recession, or deflation. Weakness overseas, negative yields overseas and the relative attractiveness of the treasury. Investors trying to find safe havens to ride some of this out. Jonathan joining me around the table in new york, priya misra, vishwanath tirupattur, and from minneapolis, Tony Rodriguez. We will talk about the data and then move into the treasury market. Lets begin with the data. It is really quite messy and difficult to get your hands around. Priya it is, but todays data is the only data point where we can say the u. S. Might be impacted by the coronavirus. I would say you look at price action across asset classes, it looks like the treasur
The focus is to make this next three quarters count. Kailey a major merger in telecom gets approved. It was an unusual decision. Kailey democrats unite sen. Sanders we are going to unite together. Kailey a Cabinet Reshuffle in the u. K. Takes a startling turn. Not someone walking out on the job. Kailey an exit interview with the outgoing Credit Suisse ceo. Tidjane thiam. The true legacy comes after we leave. Kailey it is all straight ahead on bloomberg best. Hello and welcome. And this isleinz, bloomberg best. Your weekly review of the most important Business News, analysis, and interviews from Bloomberg Television around the world. Lets start with a day by day look at the top headlines. We began with a familiar focus, assessing the spread of the coronavirus outbreak and measures to blunt its impact. The global death toll from the coronavirus has now topped 900. Hubei province posted the most fatalities for one day. Medical experts from the dove w. H. O. Heading to the epicenter of the
As a Public Service by americas Cable Television companies and is brought to you today by your cable or satellite providers. Now on book tv we are live with bestselling author Michael Lewis. Mister lewis has written many books including liars poker, moneyball, the big short and most recently the undoing project, a friendship that changed our minds. Michael lewis, you are the author of more than a dozen bestselling books, what makes a good story in your mind, what do you look for . There is no formula. The question you just asked me, ive never really asked myself exactly. What lead me to want to write a book, you have to have a level of passion about it. Itsfinding usually, what it is , its finding an interesting person in an interesting situation that will allow me to work in an interesting idea. B. I feel like i just had to do this if i dont do it wont get done and it should be done because the story should be dealt with. In terms of like you asked me to go to lack a class of Journali
It is worth noting how you came to know these two guys. Michael i had written moneyball. Which was about the way in my mind that markets misvalue people, in this case baseball , players. There were cheap ones and expensive ones. My interest was of that. If Baseball Players can be misjudged, who cannot be . Question, whythe it happened. In a review after the book came out in the new republic, they said basically Michael Lewis has written a good story but he does not seem to understand there is a good source for all of this stuff. There are two israeli psychologists that did work on the biases, the Cognitive Biases of the human mind that lead to things like Baseball Players and political candidates being misjudged and doctors misdiagnosing diseases. Charlie and most important how the mind works. Michael these two guys are named Daniel Kahneman and amos tversky. I read some of that stuff. I was embarrassed i had not heard of them. Daniel kahneman had just won thw nobel prize for economics
Crystal blue caribbean sea. Nonstop flights are available from most major airports. More information for your vacation planning is available at aruba. Com. And now, bbc world news america. Jane this is bbc world news america. Reporting from washington, i am jane obrien. The man suspected of driving a truck into a berlin Christmas Market has been shot dead by Police Outside a train station in italy. Israel takes aim at the Obama Administration after the u. S. Refuses to veto a vote demanding a halt to the israeli settlements on occupied palestinian land. And from staged photographs to selfies, the u. S. President ial campaign has always been a clicked on affair. A new exhibit explores the message behind iconic images. Welcome to our viewers on Public Television in america and around the globe. The suspect in mondays attack on a berlin Christmas Market has been killed by police in italy. Anis amri, who had evaded capture for four days, was killed in milan during a shootout with officers.