Businessweek is really taking everyone by storm. Tom they mentioned all the right schools as well. I think it is true probably in every urban area, but after real estate it is the focus of new york city, what to do with the cherubs in not only the private schools, but i would also mention the stateoftheart anything,ools are, if even more competitive. The schools with a heritage up in boston, boston latin. They are just as hard to get into as the other fancy schools. Do spend a lot of time thinking about education for our kids, and these fouryearolds actually have to do tutoring, but also applications and interviews to get into these kindergartens. I find that fascinating. We will talk about Central Banks much more. Thats get to bloomberg first word news with ritika gupta. Ritika President Trump has fired a Homeland Security official who contradicted his unfounded claims about election fraud. Christopher krebs is a former Microsoft Official who the president named to a top security job.
At tray Glen Astrazeneca on the defense after critics say it failed to give an update on patient data on the vaccine trials. Futures after markets were closed for the thanksgiving holiday, they are in the green as you can see, dow jones 54 in the premarket. Weve got a lot to talk about today with wall street. Were going to have a half trading day today, markets closing at 1 00 p. M. Eastern time some good news to show you, nice gains there, the nasdaq is in record territory as the dow is looking to crack 30,000 once more today after the index crossed the milestone earlier in the week. Ruling on religious restrictions, the Supreme Court telling new York Governor Andrew Cuomo he cant put a capacity limit on houses of worship. Were on this story today. Plus, it is black friday, its going to look a little bit different. Retailers going with the shift to online sales as brick and Mortar Stores are rethinking foot traffic this year. Mornings with maria is live right now. Its a brandnew day.
Republicans and rankandfile members on capitol hill. Early this morning i was communicating with senior staffers in congress who are part of the socalled negotiations. They were perplexed about the president social media posting yesterday calling off the stimulus deal. Meanwhile Mitch Mcconnell reportedly saying he feels Speaker Pelosi has been disingenuous in terms of the piecemeal budget approach, calling for there to be more immediate stimulus. President trump says they would like to get more of a piecemeal approach, but it is unclear whether or not that will happen. David one thing that is clear is we will have a Vice President ial debate tonight. Is it going to be all about covid19 as a practical matter . Kevin that will likely be one of the 910 minute segments debate moderator susan page will likely discuss. She has not disclose the topic of the debate publicly or to either of the campaign. Meanwhile, the candidates as well as the moderater will be standing 12 feet three inches a
New york city for bloomberg television. All eyes on cleveland, ohio. Jon ferro, i dont know your history with cleveland, ohio besides the best Football Team on the planet, but this debate tonight will be a battle. It will be interesting to see just in the first 10 minutes how the debate agains the debate begins. Jonathan jonathan my association with cleveland is lebron james. Did i do that right . Tom you nailed that. Jonathan we can explore that another time. In the markets, i am not sure what the implications or conflict once is actual or consequent is actually are. The nearterm risk, the number one is that we dont have an outcome november 4. If we get a clear lead and joe biden really solidifies that in the debate tonight, is that risk on . Do you fade the volatility off the back of that without really considering the policy implications of a democratic sweep . I think that might be a step too far, but i am trying to work through those issues with a series of guests. We continue to
The bond market is locked in a jonathan ferrolike manner. In nice correlation to a weaker dollar as well. There is a really nice lift to it. I have to admit, i havent watched the debate since kennedynixon, a few years ago, i think, 1960. I am actually going to watch this. This will. Be extraordinary jonathan i think the ratings will be through the roof. But the bar is low for the former vice resident, joe biden. And i think from a market perspective, if joe biden was a stock, the stock is running high going into earnings season with plenty of downside ahead. Tom i really defer to the pollsters that we have. One of them in iowa has been so professional. Over the weekend, the Vice President had a wonderful weekend, pulling at the national level. But you really have to go to the thoselevel on battleground states, particularly pennsylvania and florida. Jonathan looking after catching up with Kevin Cirilli in a few months time. Tom is there anyone not speaking this week. Francine the fed sp