World. India is expected to become the pandemics worst hit country in the coming weeks, surpassing the u. S. , where more than 7 million cases have been reported. A lack of social distancing and mask wearing is hampering containment efforts. According to a new book from a former staffer, President Trump considered naming his daughter ivanka as his 2016 running mate before nominating mike pence. Revelation comes from rick gates, who in the summer of 2016, was the Deputy Campaign chairman and later became a star witness in the collusion investigation. Global news 24 hours a day, onair, and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. Vonnie it is 1 00 p. M. In new york, 6 00 p. M. In london, and 1 00 a. M. In hong kong. Im vonnie quinn. Welcome to bloomberg markets. Here are the top stories from around the world we are following. Stocks are higher around the world as we approach months and. After
Struggled since february. Francine im really looking forward to speaking ian the little more about this eurasia report. The question is if you look at financial risk, it is at the bottom of the list. We talk about you wonder if we talk about health risks and the pandemic that we ignore black swan. Next, we need to talk about brexit with en as well. Tom are we with ian as well. Tom are we on the watchlist for the Prime Minister of ireland . We are waiting for comment from ireland, right . Francine we have a new leader summit and we are expecting him to come out, yes. Also expected to talk about the internal markets bill. Tom pound sterling is 128. 47, a bit weak today. With first word news, here is ritika gupta. Ritika President Trump signed a stopgap legislation that will avert a government shutdown. It will keep the government operating at current spending levels through december 11. The countries of Spending Authority expired at midnight. Neither democrats nor republicans won today s
Nation. Just coming in, images of the sunset you and i observed last night. Imagineom, you cannot the change across this america. Forget about economics, finance, and investment. It looks like man delorean out there, lisa. Lisa really depressing to watch that orange sky over in the west and seeing the smoke come toward us. It is a political smoke, as well. Everything becomes that much more political in this year of 2020 as we head toward november. Tom jon, you nailed it on the United Kingdom earlier in the fictitious nature of our Unemployment Rate and the fed meeting tomorrow. I am going to summarize the backdrop, double digit unemployment. Jonathan unemployment and the u. K. Just north of 4 officially. It Means Nothing to anybody me living in the u. K. Right now. There is a Furlough Program tying a lot of people to the government, and that expires at the end of next month. A huge conversation on whether it. Xtend if it does not get extended, unemployment will go much higher very quic
Less. The 30 year yield is interesting, it had a six basis point move earlier, probably the largest we have seen in any part of the curve recently. I want to point to the European Bank stocks index. It isn 6. 3 index down 6. 3 on the news of how banks are money laundering. An agency coming out saying this all proceeded their 2017 deferred agreement. We see how it progresses through the month. One stock to point to is universal health services, just an example of how Health Care Insurance and hospitals in particular are selling off today. Lets bring in Bloomberg Intelligence chief equity ategist jason Martin Adams Gina martin adams. Gina, if that had been your contention, how do you add in the death of Justice Ruth Bader ginsburg and how that will play out in the coming weeks and months into this market . Gina i think we already have a market that is pretty nervous about what is going on in washington with respect to the upcoming election upcoming election. Ago, we wereonth really prici
The hardest hit nation is iran. Nearly 22 thousand people there have died from covid19. Spacex has placed 64 more satellites into orbit. A rocket took them into orbit from florida. It is the 12th the batch of satellites for the companys broadband network. Rocketalso recovered the booster with a controlled landing at sea. Global news 24 hours a day, onair, and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. Vonnie it is 1 00 in new york 6 00 p. M. In london, and 1 00 , a. M. In hong kong. Im vonnie quinn. Welcome to Bloomberg Markets. In just a few moments, and inclusive interview with bill ackman of Pershing Square, an update on the spac and the market turmoil. Lets get to the markets. The vix today is above 30, the worst day for the nasdaq 100 so far since march. The nasdaq down 5 . The s p down 3. 5 . The dow down 2. 7 . Several individual companies have been doing extraordinarily well such as d