Into the arms of the American People in the 1st 100 days 100000000 shots in the 1st 100 days. Meanwhile President Donald Trump has signed an executive order to prioritize vaccines for the u. S. Before sending them to other countries it coincides with reports that is that ministration rejected an earlier offer from far as a to double its order of the medication. The worlds 1st fully tested Coronavirus Vaccine is being rolled out in the u. K. 90 year old grandmother margaret kim it was the 1st person to be vaccinated 800000. 00 people are expected to get the jab in the coming weeks with the elderly and Health Workers 1st in line. United arab emirates and egypt have praised new initiatives to end the 3 year blockade of qatar both countries say they appreciate efforts by kuwait and the us to saudi arabia announce progress had been made foreign minister has repeated calls for dialogue to resolve the dispute saudi arabia the u. A. E. Bahrain and egypt goes a land and sea blockade on qatar in
President elect biden this is one of the worst economic and job crisis in modern history, but it doesnt have to stay that way. If we act now, now, i mean now, we can begin to regain momentum and start to build back a better future. There are no times to lose. Millions of people have lost their Health Insurance or in danger of losing their Health Insurance. One in six renters is behind in rent. One in four Small Businesses cant keep their doors open. And there is a growing gap in black and latino unemployment and the gap remains much too large. Deeply troubling that last months unemployment was driven by people dropping out of the job market, not because they were being hired. They have lost hope of finding a job and taking fulltime care giving responsibilities as Child Centers remain closed and children learn remotely. Over the past three months, 2. 3 million more people are longterm unemployed. Meaning 23 weeks or more. By far, the largest increase on record. This is a dire jobs repor
When it begins lets elook at what is driving the numbers today. Millions of americans remain out of work. Could that weakness pressure lawmakers to reach a stimulus deal we will see. Negotiations are under way as we speak. The dow up some 200 points or so two thirds of a percentage with 59 minutes left in the trading week kayla. Wilf, it is great to see you on this friday afternoon coming up on the show, door dash and airbnb ipos to come next week and a big test for appetite of some names in growth tech speaking of high growth, scott cutler, we will get his take on the e competition in apparel and sneakers mike santoli has the market covered. Ylan moi is tracking the latest movements on a stimulus deal and we will dig about sboo the jobs report with Dana Peterson. Mike first to you. What are you seeing behind the charts. Almost all news translated to good news for the market in this current mood that investors are in if you look at a fiveyear chart. Decided to broaden it out here more
Thank you for being with us on this simulcast, Bloomberg Radio, Bloomberg Television worldwide. Tremendous news flow wrapped around the details of a worsening pandemic worldwide, and indeed across this nation. Also looking at markets off the faxing news, futures up 10, dow futures up the vaccine news, futures up 10, dow futures up. New low on the vix as well. Looking at the calendar, everybody is recalibrating. Weve got a major house recalibration of the equity markets out moment ago. Jonathan at Credit Suisse, Jonathan Golub, they have a forecast yearend on the s p for the end of 2021 with a 12 upside. The 2021 forecast is designed to answer what the future will look like in the future. He makes the point at the end of this paragraph that the rotation into the cyclicals will largely be behind us, and they stay overweight on tech, also overweight on the financials. That is just a flavor of where Credit Suisse are at this morning. Tom the conversation forward, and i cant say enough on r
President ial election but hes still refusing to admit defeat to the dismay of growing numbers in his own Republican Party. And a heavyweight fight to remember in this league of football the top 2 teams in the league go the distance well tell you who came out on top between leipsic and reigning champions behind the. Michael loker nice to have you with us venezuelan president Nicolas Maduro is expected to tighten his grip on power in sundays parliamentary election people are gathering at polling stations as voting gets underway but some venezuelan opposition leaders are boycotting the election claiming its rigged the country is in the midst of a deepening economic crisis thats now being stretch to. Breaking point by the current virus pandemic some voters are wondering whether these elections can bring about real change and stop the country sliding further into crisis. Is afraid since falling ill with covert 19 he suffered kidney damage and now needs dialysis martinez became sick last su