John malone with the legendary media icon has to say about the covid19 virus, direct to consum consumer, streaming, so many other topics we hit in our hour long shutdown. The ceo of goodrx, we had him last week, since then, amazon came into the business what does it mean for his business carl, well ask that question amongst others. Yeah, thats good stuff for this hour, guys. Jim, we talked for last week and a half about the fact that a path to the vaccine would face some setbacks and clearly new york city schools, new state of emergency in wisconsin, speak to that i think that one of the things that we needed was a bridge, which would be stimulus, to the vaccine we dont have the stimulus were getting terrible numbers, we have half the country that thinks the numbers are okay, given the fact that the death rate hasnt skyrocketed. We have the other half, were saying, look, if we dont do something about it, then the Healthcare System is going to be overwhelmed. In that scenario, it is ver
Businessweek is really taking everyone by storm. Tom they mentioned all the right schools as well. I think it is true probably in every urban area, but after real estate it is the focus of new york city, what to do with the cherubs in not only the private schools, but i would also mention the stateoftheart anything,ools are, if even more competitive. The schools with a heritage up in boston, boston latin. They are just as hard to get into as the other fancy schools. Do spend a lot of time thinking about education for our kids, and these fouryearolds actually have to do tutoring, but also applications and interviews to get into these kindergartens. I find that fascinating. We will talk about Central Banks much more. Thats get to bloomberg first word news with ritika gupta. Ritika President Trump has fired a Homeland Security official who contradicted his unfounded claims about election fraud. Christopher krebs is a former Microsoft Official who the president named to a top security job.
Thrilled you are with us, the simulcast, Bloomberg Radio coasttocoast, and good morning on bloomberg television. The new york city Christmas Tree lighting tonight at rockefeller center. All of the worry we have talked about of this pandemic, death set a record level in the United States come breaking the april 29 level as well. Jon, the markets speak. Moments ago, euro out to new recent record strength. Jonathan a record high in the equity market, the unwelcome record of the pandemic. 1. 21 53 on eurodollar. Once again, it is broadbased dollar weakness. You just wonder how uncovered it will this will make the ecb and how comfortable the move in eurochina will actually keep them. I think that is key, what happens broadbased for euro against other currencies. The im looking at bloomberg terminal here. You can see that on Bloomberg Radio right now. Renminbi comes down as well, with an abrupt move. At all correlates together, and then theres this zombie, the gloom of the bond market. How d
Were happy about. Congratulations for that lets go to the wall and check out where we stand as we set the table for our friday conversation 29,367 for the dow thats 1 . 2 8. S p is just shy of that and the nasdaq is having a pretty good day as are the small caps. Liz young, lets set the investing landscape if we could for our debate youve got virus cases soaring but very promising vaccine news on a number of different front you got the president not conceding but you got biden winning arizona, which gives some more certainty to the transition period, despite the noise and the noise makers, if you will youve got so much pentup demand on the other side of the virus. You know thats going to be the case then you have this battle between value and growth as you all try and figure out where to place your bets for the months ahead. What do we do with all of that what do we do with all that we start with thinking about the time frame its true that through the end of the year, maybe into januar
The news. Right. And people laugh theres means going around that every investor is a legendary investor. But stand back and dollar and bill miller are 2 legendary investors. This is huge quote from stanley druckenmiller. Im a bit of a dinosaur, but i have warmed up to the fact that big queen could be an asset class that has a lot of attraction as a store of value says legendary investor stanley druckenmiller. Well, this is the poster jones effect, a member on this show 1st of all for 10 years. Ive been talking and he said the game theory baked into the protocol works its way through bigger and bigger trenches of the financial world. So 1st it started off with collectors and speculators and hackers and then it moved on to the corporate level and then it moved on more to with Michael Saylor over there. Micro strategy, a corporate balance sheet. Strategic reserve love on. Now its moving up to the biggest managers of wealth in the world whove been its literally trillions and trillions of 1