Remains the worst affected country in the world its all more than 1100 new deaths on thursday alone and florida is one of the worst hit states reporting a record increase in the number of daily deaths on thursday and the gallagher is in miami with more on the strain the States Health system is facing. The intensive care units across the state are getting very very full indeed in fact i had a long conversation with a doctor the other day who just done a stint in i. C. U. And he said that it was it was terrible it was really bad theyre running short on medicine theyre running short on beds the mental strain on the. Line staff is really incredible and yet we have a governor here Rhonda Santas whos at the white house meeting with President Trump saying that he will not talk about rolling back closures airlines have been told they should urgently inspect the type of boeing jets its over fears planes park during the pandemic could suffer engine failure the u. S. Civil aviation watchdog says
Fight against the virus. Netflix plunges in extended trading on disappointing subscriber forecast. They announced the chief content advisor will become joint ceo. This is bloomberg daybreak europe. Getting some numbers from in aton, net sales coming 55. 6 billion swedish kroner. A little bit of a beat there. Operating profit numbers also 4. 5 billiongh, swedish kroner, i had of the estimate of 3. 22. They had to take provisioning in china was a question analysts were asking, and what impact that would have on their margin. The ongoing conversation about 5g and the travails of huawei, how much is that impacting the ericsson business model. Some of the market moves we had seen overnight, stock specifics in corporate reporting. Plenty more of that coming. This is what we have on the data, euro stoxx 50 futures higher. S p futures higher but not by much. The Asian Session has been mixed. Nasdaq futures also higher, despite the disappointment of netflix. , we have had the ecb meeting, but n
Closer to the public but over the past few years specially this year it has been increasingly overshadowed and mired by protests comes at a very precarious time this is one of the last state of the nation address of the president is supposed to step down in 2022 it comes as the biggest Media Network in the country has been shut down forcibly shut down by congress that did not renew its franchise calling in and according to activists anti terror law has taken into effect and just a few days ago when for example local journalists in the southern philippines received Death Threats and another independent online use site north of manila has been raided by police so you know here at this point what theyre saying basically it remains to be seen what the president is saying but they are not very confident that the things that these going to be saying that she needs are real achievements that effect change on the ordinary people the philippines is still struggling to deal with the pandemic sau
Dow topping 28,000 today for First Time Since february. Its the value trade thats working. Is the rotation for real i think as long as you have confirmation in the bond market, you can believe in it but when that link breaks, the stocks the value stocks probably crash again. We witnessed an episode like this that happened from the middle of may through the middle of june. It was almost a full four weeks. It was violent to the upside value stocks, cyclicals, the quote reopen names Small Cap Value did incredibly well the Growth Stocks took a pause the high flyers corrected but when that ended, it didnt end gently you had crashes in the reopen stocks you had crashes in the value stocks both asbestbsolute and relative to growth its a Real Recovery if that link breaks and i know yields have gone up a bit here and abroad as long as that continues happening, im fine with it. I think you have to watch that more than commentary, more valuation, more than anything else jpmorgan had a great note
Leaders come back for a 4th day as they debate a massive covert 19 recovery package. The show must go on but it will be a tough year for hollywood as it tries to produce t. V. And films in the midst of a pandemic. Hong kong is tightening coronavirus think restrictions off recording its highest one day increase in cases since the pandemic began the territories leader kerry lamb announced the measures softer more than 100 new infections were confirmed on sunday she described the situation as critical and says theres no sign of it coming under control aljazeera has adrian brown in hong kong outlines the possible reasons behind the recent spike in cases. Up until a few weeks ago hong kong was recording a 0 infection rate but now in the past 2 weeks weve had more than 500 new infections now as to why that has happened well there are different interpretations certainly some commentators are suggesting that its complacency hong kong that its guard down after social distancing rules were relax