Without the businesses, they will not be getting money for long. Is there enough . If not, we will do something later, i am sure. Wall street analysts are predicting unemployment could skyrocket next week. Some analysts say as many as 3 Million People applying. That would be an historic number. Is a 1000 check going to cut it . We are talking much more than that. We are also talking about doing phases if this doesnt work. We will keep on doing it until we get it going. Once we get the economy back, was this enemy is defeated, the invisible enemy, once we get the economy back, it will all come back to us very quickly. We have a tremendous economy. Othernumbers like no country has done before, number one in the world. That money comes back to us very rapidly. That when,have it so not if, but when we win the war, the invisible enemy, when we win it, these companies can immediately start. Not that they had to start rebuilding, which takes a long time. Are you confident those jobs will come
Billionaires adding more than a trillion dollars to their wealth this year. Lets get straight to the burning issues. With me is jason kelly, sonali basak, and Patrick Connor clark. The Public Markets have been shrinking. Give us a sense of how much we have seen the public world contract. Jason its dramatic. Obviously, im here in the heart of it in San Francisco, where Companies Stay private for longer. What that has meant is, over the last two decades, about half of the Public Companies have gone away, they are not publicly traded anymore, and that has been a boon here, Companies Stay in private for longer, but it has life implications for investors. A sense of whyt so Many Companies are deciding against going public, why they are sticking with private financing . The moneynly because is absolutely available. Here in silicon valley, we talk about venture capital, but private equity, we are talking about 4 trillion plus under management when you talk about private equity writ large, inc
It is 1 00 in new york, 6 00 in london, 2 00 a. M. In hong kong. Im shery ahn. Welcome to bloomberg markets. From bloomberg World Headquarters in new york, here are the top stories on the bloomberg and around the world that we are following. Two more trading days in what has been a blockbuster here for equities. While the euphoria last into the new decade . China takes another step to liberalizing its financial system, ordering lenders to adopt a new pricing regime. It is still early days in goldmans push to bank middlemarket companies but it is making progress in one count. Rating talent from rivals. Whats get a check on the market with kailey leinz. We are almost done with 2019. Kailey two trading days left. We are a little bit softer, invt easy. Right now, the s p is lower by. 3 , as is the dow and nasdaq, all of this on lighter volume. Even as stocks are lower, so our bonds. The 10year yield looking at 1. 9 . That is leading to a bear steepener money look at the spreads between lon
know. understand its clinical features or severity. who is working with our partners night and day in china and the other affected countries at the regional level and here at the health quarters, to fill the gaps in our knowledge as quickly as possible. it is likely that we will see more cases in other parts of understand its clinicalchina and other cou. china has taken measures it believes are appropriate to contain the spread of coronavirus in wuhan and other cities. we hope that they will be both and short in theirs in duration. for the moment, who does not recommend any broader restrictions on travel or trade. we recommend exit screenings at airports as part of a comprehensive set of containment measures. all countries should have in place measures to detect cases of coronavirus, including at health facilities. the committee has met several recommendations to prevent the further spread of the virus, which we have described. there are a few simple things that we can all do
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