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Transcripts For BLOOMBERG Bloomberg Surveillance 20240711

Indicating it. We are a few days in december, and clearly we get no respite for the holidays. There is no question about that. An extraordinary 46 minute video from the president last night, hugely commented on in washington. Attorney general barr, you wonder how he gets through the weekend with the president. I agree with you, this french issue is not a small matter. Memory of if in the that macron decided to rip a page out of the textbook from 30 years ago. Francine we will have a lot more on the dynamics of europe and france, but lets get straight to bloomberg first written with with rickets with or take a group with ritika gupta. Nancy pelosi and Chuck Schumer are backing a bipartisan stimulus plan. They see the proposal from house and Senate Lawmakers with a new round of negotiations. The plan calls for 908 billion dollars in spending, less than what democrats want, increased from the number being floated by Senate Majority leader mitch mcconnell. The u. S. Has had its deadliest d

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Transcripts For BLOOMBERG Bloomberg Surveillance 20240712

Days, ottis days yesterday that i saw, and all i can say is still cant find an entry point on tesla. I want to get into tesla but maybe it is down another 20 . Francine it is still off from the start of the year. Lets get to first word news in new york city with ritika gupta. A e it is a socalled skinny proposal. To break the logjam with democrats in the house. The bill will cost up to 700 billion, a far cry from the democrats 2. 2 trillion dollar belief package. Once again coming u. S. Infectious disease chief Anthony Fauci is counting something President Trump has said. A vaccine is unlikely for coronavirus will be available by election day. President trump has hinted that a vaccine will be ready by then. In the u. K. , Prime Minister Boris Johnson will than all social gatherings of people more than six people, a surgeon coronavirus cases to 3000 is prompting him to act. People getting together for work, weddings, and funerals. Bond market guru Jeffrey Gundlach says highyield debt de

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Transcripts For BLOOMBERG Bloomberg Surveillance 20240712

Commerzbank. There it is, new york city, the private equity firm really going after commerzbank. They throw out the chairman, the ceo, and you have to wonder how t adjusts the plan from adjusts the plan. The body count of three major european banks it is a stunning 61,000 redundancies just over the last number of months. Costcutting has got to be front and center for mr. Sewing. Francine he mentioned that a little bit. We also had a conversation on wirecard, saying there is something that they need to look at even more. Lets get to first word news with your take a group that. Reportedeijing has zero new coronavirus cases for the first time in 26 days, a sign that a resurgence that the second wave in china is now under control. Instead of an across the board lockdown, beijing tested more than 11 million people. Anthony fauci says any Coronavirus Vaccine would be limited in how it would provide protection. He told a Video Conference that Health Officials assume a shot would offer a degre

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Transcripts For BLOOMBERG Bloomberg Surveillance 20240712

Others of the planet. Serious. New lockdown in melbourne. Difficult news around the world on cases of the virus, john, even though the death statistics are good. Lisahan on this recovery,. [no audio] lisa garage of fed speak. We will hear from raquel bostic and tom barkan. 10 00 a. M. , another read on the u. S. Labor market with the job openings data. This is key. President trump participating in a forum on reopening schools. Until schools we open, we cannot get the economy fully up to speed because working parents cannot get lives back to normal, a key debate when you want kids cap safe kept safe. Jonathan equity futures down. Hours, all about Global Equity market rally. U. S. , nasdaq back to alltime highs, up 60 yeartodate. The question. How do you tilt away from the u. S. When it is the home of mega cap Growth Stocks . I want to begin by asking the question to james. Help me understand. It is the home to mega cap tech, apple, amazon. Why would you tilt away from that story for the

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Transcripts For BLOOMBERG Bloomberg Surveillance 20240712

Theseard some of questions wrapped around the surging equity markets that we saw yesterday. Jon is going to do the data in a bit. We saw a pullback in the data this morning. Butee it in bonds as well, a most interesting day all in all. You centered your data checks on the mystery of the u. S. Dollar. We are going to address that in a bit, but it is still a remarkably resilient u. S. Dollar. Jonathan and a hugely divisive debate at the moment about geographical bias. A lot of people focused on that word divergence. What is the reopening we can depend on . Is it not the United States . That is the question that has come up continually. For this recovery, the reopening, it will be bumpy and we will see a lot of evidence of that today in australia. At theu mentioned this top of the last hour. To see melbourne on official relocked down, that was sobering. Of about 5ity Million People and a daily infection rate pushing 200. It is a different approach. It is about the science, yet the policy

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