How empty highways are encouraging some drivers to speed at 100 miles an hour or more putting their lives and others at risk. Yikes. Plus, well answer your most pressing questions on this pandemic, including when to wear a face mask and whether itts safe to visit your loved ones. But first, heres todays eye opener, your world in 90 seconds. I heard from a number of governors that said they are in very good shape. I think you have some very good things to report over the next few days about states opening up. President trump has laid out a threephase plan for governors to reopen the economy. There are certain fundamental things that weve done that are not like it was. You want to call it the new normal. You can call it whatever you want. President trumps plan has three phases, but some governors say the worst is not over yet. When is it finally over . Its over when you have a vaccine. Democratic president ial candidate joe biden is slamming the president s guidance to reopen the country
That student is now in self quarantine. Were taking families concerns into account. And wean this was a conservative decision. But we did this out of an abundance of caution for the safety and welfare of our students. The district says that sporting evens and other gatherings are canceled through the weekend. They expect to have an open when the school will open before monday. City leaders are working to contain the spread of covid19. Reporter San Franciscos mayor made the announcement that Health Officials had said was inevitable. Today we are nounsing the first two cases of coronavirus in our city. They have been detected here in San Francisco. And these individuals are contained. Reporter Health Officials arent offering a lot of details about the patients. Only saying theyre unrelated and are being treated at two different hospitals in the city. One is a man in his 90s who is in serious condition and also has Underlying Health conditions. The other, a woman in her 40s in fair condit
Corporate bonds on track for the best returns in a decade, but how long can the rally continue . We begin with the big issue, markets betting low rates are here to stay in 2020. It is hard to see the yield breakout from here. Bond yields moving sideways. We cant generate any inflation right now. Still attractive but certainly not breaking out. 1. 20 by the end of the year. If we get to 1. 2 on the 10 year, we are looking at a global recession. We are going to test 1 . A lot of things have to be go incredibly wrong to get to 1 . Unless the market begins to price in additional cuts, the 10 year, at most, will drop down to the 1. 60 range. The fed will probably not cut again. If there is any weakness in the data, you will see an outsized rally in bonds. The path to least resistance has been lower, and i see no reason to think that will change in 2020. Taylor can we break out of the range set in 2019 . Joining us from new york are collin martin, peter tchir of academy securities, and in pa
A prolonged photo. Political leaders deal with challenges internal and external. Investment is being reviewed to attract investment and provide jobs. How long are you willing to wait before you take legal action . We are patient. The worlds top investors shared perspectives in a turbulent year. China iy like wish america had better industrial policy. All the Central Banks around the world are moving towards lower rates. The headlines, the trade war has put americans on their heels as far as investing in china. Juliette while hong kong has suffered political unrest for months financial leaders have faced the economic future. Mediumterm outlook for hong kong in the region continues to be positive. Juliette it is all straight ahead on this special edition of bloomberg best. Hello and welcome. I am juliette saly. On this special edition of bloomberg best, we will look back at 2019 in asia by revisiting some of the years most interesting interviews with newsmakers, policymakers and leading
Others. An extraordinary year to look forward to. Thank you so much for being with us. Much to talk about in the next halfhour. I want to talk about your new effort, thinking about immigration and what it means. We must talk about the central bank. Weve got to talk about the markets. You have been the gloom cruise great pinata. Good times, bad times. We cannot possibly go up. Confounded off the gloom of last december, but confounded over one year, five years, 10 years to good and substantial equity returns. When does it end . Abby tom, thank you first of all for having me here for this discussion. Gloom at yearend 2019 in many ways set us up for a good start to 2019 in the markets. One of the things i am concerned about is just how happy everybody is as yearend 2019. I think what is priced into the market right now is an economic scenario that seems to be the most likely. No recession. The economy perking up a little bit. Corporate profits in single digits, maybe higher growth. It is p