Structure already. Interesting to see if those that dont, end up following. Fit management style. Embraced the model. Challengeent, the these banks are trying to figure out is whether or not trading revenue, so pivotal now, will sustain. At the moment, it is balancing the leisure. That is the challenge. Does it continue . If it does not tom total fixation in america. Derby, a consortium of people at work. Johnson johnson, their heritage in new jersey. Faceeaconess in boston, read covid19 vaccine trial moving forward, september. Clearly good news along one path of the virus. Very detailed note, published in nature this morning. Futures 28 even with that Johnson Johnson list. City. Word news, new york ritika good morning. Negotiations resumed today on a compromised relief plan, the administration and Congressional Democrats nowhere close to agreement. They are under pressure because millions of americans lose Unemployment Insurance this week. For aeadows is looking stopgap measure that w
Investors weighing a reaction that could further destabilize the Global Economy. President down to asias major market opens. These are our top stories trumpe for social media after his tweets are fact checked he says twitter and others are trying to silence conservative voices. Breaking news out of south korea. We are getting the Industrial Production numbers for the month of april and we are seeing a huge contraction month on month, a plunge of 6 . The expectation was for a decline of about half of that and this of course also is after gains in the previous month. Year on year, it is a contraction of 4. 5 percent. Again, really a much bigger contraction than expected. Hearing year, we are talking about the biggest contraction since the financial crisis. We have not seen such a big decline since 2009. In the month of april, and south korea, we have continued to see the restrictions over the coronavirus pandemic. Already, we are seeing a second wave of infections in south korea and talk
Valuable tips to stay healthy. Treatments that we know right now if youre planning to travel in and out of the United States. Director of nih said vaccine could be coming within 3 months. Microsoft warning it will miss revenue guide and deadly shooting at a milwaukee facility. We have the latest this morning, plus how you could own the Million Dollar picasso for 100. Mornings with maria begins right now. Maria some of the stories that we are watching this morning a california resident tested positive for coronavirus and could be the first case if its Community Spread in the United States, it means that the doctors do not know how the patient contracted the virus. At this time theres, quote, no relevant travel history or another known patient. Cdc is adding in a statement its possible that the patient could have been exposed to returned traveler who was infected. President trump addressed the media yesterday saying the u. S. Is droppedly developing a scene and tout what had the country
The 737 max grouting sends the company to its biggest defeat in with airbus. Manus warm welcome to bloomberg daybreak europe. Noouple of things about tariffs being rolled back and may be a ban on u. S. Companies selling their goods to huawei. There is more upside. According to jp morgan, 13 upside. There arent any bubbles here. There is 13 that left in the s p tank after the close of business on monday. You will not see a bubble until 3700, which they see possibly in the second half of the year. It is a great debate about whether these valuations are stretched or whether there is more miles in the tank. I know we have a cracking guest lineup to answer the question. Nejra a yearlong accelerated rally that jp morgan want to see. The recent rally has been led by the mega caps. The small caps have been underperforming. The putcall ratio has been dropping. Does that show that sentiment has got overextended . Most pessimistic in six months. In a lot of different indicators to look at and als
Bull on wall street. Well tell you who sees another 20 upside for this rip roaring stock. Later, it was one of the best performing sectors of 2019 we have the one chart that shows the biotech boom may just be getting started. We will bring it to you. We kick things off with a record start to 2020. The s p, the dow, and nasdaq all, all, closing at all time highs. Just investors keep riding this record wave or is it time for a new strategy for a new year . Steve grasso can we sit tight and be happy . All traders are not back, this is still a holiday week think about what worked last year thats what worked today tech industrials are ripping today. Communications ripping today so i do think you can sit back, but beware of a selloff q1 does that sound a little ironic the way i say that but yes, you do have an opportunity to buy a dip in q1 last time i was here you were saying the same thing, beware the ides of march of true. Its not healthy to have apple double dip performance it probably d