Thrilled you are with us on Bloomberg Radio and bloomberg television. It was not the surprise of moderna on the ratios. It was the surprise of how well they are able to get the vaccine out. That lifts markets up. Is a correlated left pop it is a correlated lift. Jonathan maybe the message is dont bet against human ingenuity. Keep the faith and the science. Last week it was pfizer. This morning, moderna. The efficacy rate, 94. 5 . It is where the rally is that gets peoples attention. It is not the big cap tech. The story that rolls up his smallcap america, and the International Value story as well. That is the great debate of this very moment, the shortterm problems, the issues across america, and the longterm hope that we get that texting. Tom lisa, what do we see we get in the vaccine. Tom lisa, what do we see in fixed income . We are not at the full faith and credit of november 9, but what do we see in ig and highyield, as we see yield up, price down . Lisa yield up with full facing
We are awaiting updates from the keystone state this hour. We are expecting former Vice President joe biden to speak in prime time. First, the u. S. Stock market close the week with gains. The s p and nasdaq having both their best week since april hold into next week. Lets get the latest from Sarah Ponczek from new york. Investors dont seem to care about the uncertainty of the president ial election. Sarah they do not seem to care. Today, we did see a slowing in the rally. Look at where the major indexes didnt today. The dow element lower, the russell 2000 and smallcap cages lower by 1 or so. The constant remains that tech holds that leadership position. Albeit a small gain. It is unbelievable to watch the best weeks since april the 9 . Up 7 , the nasdaq up even though we have this delayed election result and we are not going to get a blue suite, still on question a little bit as it stands but with the outlook we have, markets do seem to be happy with it, even though last week it was i
Georgia is one of the states still too close to call and they are setting for a recount. Trump continues to make baseless allegations of widespread fraud in places like pennsylvania which officials flatly reject. With the president needs to do is put his big boy pants on. To acknowledge the fact he lost and congratulate the winner. An unresolved alexion and a nation on edge. Three days after one of americas most divisive residential votes, it appears that joe biden is moving further ahead of President Trump in the battleground states which will decide the final outcome. Joe biden is ahead in pennsylvania, nevada, and georgia. So far, he is projected to have one 264 Electoral College votes. The whole trump has 214. The magic number required is 270. Joe biden needs only to win one of those undecided states to get over the finishing line. Lets start with pennsylvania where joe biden is ahead of donald trump by over 15,000 votes. A decision there could come in the next few hours. The remai
The Christmas Season a some later the infection is yim. The percentage of we hadnt seen test positivities above four since august, september in terms of where we are. 11 counties will have to restrict activities. Counties returning to purple are sacramento, stance land and san diego. Counties from the least restrict i this is the first week that no county has gone into a lower restrict ive tier. When we identify cases we expect to see 12 of the cases end up being hospitalized 14 days later. Four things willing cause virus spread. People in small places being together. Staying in there for a long duration, being with people from beyond the household. Lack of open doors, windows and ventilation. And when we do it and we do it together we see the rates come down. Another critical recommendation, get a flu shot, that will minimize the less dangerous but it could make you more vulnerable to covid. So many concerns as we head to the colder, winter months. San francisco is pausing the reopeni
On each item. We are streaming the number at the top of the screen. Each speaker will be allowed three minutes to speak. Comments are opportunities or opportunities to speak are available by calling 4156550001 and entering access code 146047 0765. One connected, darla start three to be added to the cue. Best practices dial star three to be added to the cue. Speak slowly and clearly and turn down any other devices. Alternatively you may submit Public Comment by email to the Commission Affairs officer through email. If you submit Public Comment via email, it will be forwarded to the commissioners and will be included as part of the official file. I will now call the role. Everyone [roll call] we have a quorum. Great, next agenda item, please. The next item is item number two, president s welcome. This item is for discussion. Hello, everybody. To everyone who came out tonight to this meeting on the commission on the environment, let me begin by sharing the best practices for this meeting.