Some signs of nervousness is also showing for the banks. Bonds are rallying a little bit so that means yields come in and that weighs on the bank so thats a little bit of a pause in the cyclical rally. How does the market really react to what the economists are seeing . They say we will be good in the second half of next your but have a really tough spot between here and there. Have the markets price that in . Abigail the markets do not appear to be pricing it in all that much. As you know, some of the longer term charts are starting to show the possibility that equities in particular are stretched and there could be some sort of sharp pullback for the end of this month or the beginning of next year. That could very well reflect the air pocket the jobs report for november is very disappointing suggesting december and january could be worse. It appears theres some sort of awkward middle ground in the First Quarter of 2021 and maybe beyond. The optimism that the vaccine will bring to the
Holidays, keeping schools and restaurants closed. Stayathome orders will remain in effect with government outside only allowed with government permission. They have had 3000 deaths, most in the past month. Political president alliance is a sweeping victory. The races were boycotted by opposition politicians and criticized his be fraudulent. Has beennal assembly led by the man trying to oust the president for years. He is backed by washington and others who consider the presidency illegitimate. Global news 24 hours a day on air and on quicktake by bloomberg. Powered by more then 2700 journalists and analysts in over 120 countries. I am Mark Crumpton. This is bloomberg. It is 1 00 in p. M. And 2 00 a. M. In hong kong. I am vonnie quinn. U. S. Hospitals facing breaking points. The realities of running out of room to treat patients may be approaching. We talked to Northwell Health ceo michael dowling. Frexit on the brink. Talks over a tree deal with the European Union in breach. Negotiatio
Of the vaccine and the test helping stock prices. Dow jones up about a hundred points at the open, seven for the s p and eight for the nasdaq more retailers reporting this morning and target looks good work samestore sales up 20 , another measure of the strength of Consumer Spending, just like walmart, target stock up 2 at the moment. Look at this, bitcoin crossed 18000 per coin and has backed off to 17855, about a thousand dollars or shy of its alltime high 19640. I was a skeptic, maybe its Something Else i should have bought that didnt like apple, tesla, amazon, zoom and so many more. We do have a jampacked show. New york Governor Cuomo says President Trump had nothing to do with the Rapid Development of the vaccines. You will see him say it. Boeing gets max judd approval and is now ungrounded. How about this for thanksgiving, noticing, no shouting, kp the music down so you dont have to raise your voice and my off the alcohol. New restrictions for thanksgiving is growing. Varney co.
Available to everyone, to make a free vaccine available for everyone and to get this pandemic under control. Governors are elected by their states to take action in moments of crisis. They are the ones who talk to the people who are the hardest hit and during this pandemic to have been called on to make very difficult decisions about the health and safety of the people they represent and about opening schools and opening our economy responsibly. I have served in state and local government so i understand the Critical Role our governors play. We will have partners in the 20te house starting january because as governor herbert said in our meeting, when the states are successful the country is successful. Our message to our governor into all of our nations state and local leaders is simple. President elect biden and i will make sure you have the resources and support you need to save lives and help get our economy back on track. We will also make sure that our federal state local and Trib
Cases which recently resulted in a mask mandate. This is 30 minutes from des moiness. Governor reynolds good morning. Over the last seven days iowa has seen an increase of more than 22,000 new covid19 cases and an average statewide Positivity Rate of 17. 5 . This is a decrease from the seven days prior when new cases totaled 36,000. Cases totaled 36,000. And the average Positivity Rate was 28 . At a county level, were seeing that Positivity Rates are beginning to stabilize in maybe areas and these many areas and these are welcome signs and while we may be cautiously optimistic, we have a whole lot of work to do to bring the numbers down to a level where we can safely manage the virus while getting life back to normal. Hospitalizations remain high across the state. But yesterday was the first day and weeks where we saw a slight decrease in the overall number of iowans hospitalized. So this gives us hope as well. But one day is far, far, far from a downward trend. Over the next week, it