Good morning, everyone. Welcome to bloomberg surveillance. I am Francine Lacqua here in london. A lot going on, because we have Christine Lagarde testifying in parliament. We will bring you anything that comes out of it. The markets focusing on infections rising around the world. They are focusing around the fact that we could see a stimulus. Lets get to the markets. I dont know if we have them. If we do, it could be great, and it would be a good time to look at them. Overall,ok at stocks they are falling along u. S. Futures, tougher restrictions, progress toward a vaccine. We have plenty more of course on that. Astrazeneca at rising amidst positive news on its coronavirus vaccine. We are hearing from Christine Lagarde. We had an exclusive conversation days ago. The focus is on the need for a stimulus. The focus is also on the need for markets to do a little bit more. She said basically the ecb delivered in the first wave. She is talking about the physical packages, on course for a fis
Points, bucking an otherwise weak trend. The dow and s p 500 finishing near session lows yesterday. We are counting down to novembe. We are six days away from the big vote before americans he hed to the polls. President trump and joe biden in the final stretch of their respective campaigns this morning. The president is headed to arizona today. The bidens in the hot speat as a former business associate of hunter biden speaks out. Hear from congressman guy reschenthaler this morning, tom fiten and ron johnson about the bombshell report and its impact. Earnings season rolling on this morning. Heavy hitters reporting include boeing, general lek particular, mastercard and General Electric and anthem. Well bring you the numbers. Mark zuckerberg and jack dorsey are set to testify on liability over their sites content. Roger wicker is here, he will lead the hearing today. The cost is out, my new book with James Freeman, we will take an exclusive peak into a chapter on taxes and regulation. We
Early and do that, that would be fine. The rapid recovery, but it would be nice to report it. The rapid recovery of homebuilders sentiment points to massive new construction and we are doing massive amounts of construction of new homes. That is because people have tremendous confidence. This is where we went. And the Housing Market has quickly rebounded. We were at a record. Now were going to be at a record again very shortly. Those numbers rin credible. Thats where we are. We had to turn off the economy and now were turning it back on. That is, this is going to be, very strong. It is called a strong v. Automobile demand has increased 65 over the last three months. 65 automobile demand and were anticipating that that is going to go up even further but thats more than any, anybody else. The Manufacturing Sector, remember manufacturing is dead according to the past administration of obama and biden. Manufacturing is dead, you would need a magic wand. Well you dont need a magic wand. You
I got to 306. In the electoral college. I mean, its crazy. These people are crazy. Maria after the tax legislation, the deregulation and your policies around energy, but, mr. President , yesterday both biden and harris took shots at you saying, look, 40 Million People are out of work. He drove this economy into the ground what do you want to say to them knowing before the coronavirus we were talking about the best economy any of us had seen or certainly in a generation . But todays numbers do not reflect that, and theyve got that to throw on you. Well, they really dont though because nobodys buying it. Look, we got hit by the china plague, and were not going to forget it. I built the greatest economy in history, greatest job numbers, greatest stock market numbers, greatest economic numbers. Nobodys ever seen it. I was cruising to election. They werent even going to be a factor. George washington would have had a hard time winning, you know that. We were cruising. You had to see the num
Fine. The rapid recovery, but it would be nice to report it. The rapid recovery of homebuilders sentiment points to massive new construction and we are doing massive amounts of construction of new homes. That is because people have tremendous confidence. This is where we went. And the Housing Market has quickly rebounded. We were at a record. Now were going to be at a record again very shortly. Those numbers rin credible. Thats where we are. We had to turn off the economy and now were turning it back on. That is, this is going to be, very strong. It is called a strong v. Automobile demand has increased 65 over the last three months. 65 automobile demand and were anticipating that that is going to go up even further but thats more than any, anybody else. The Manufacturing Sector, remember manufacturing is dead according to the past administration of obama and biden. Manufacturing is dead, you would need a magic wand. Well you dont need a magic wand. You need competence and capability. T