Tom up mount marcy, down mount marcy, across saranac lake. Unbelievable. Jon ferro still on sabbatical. People say, why are you here . To be honest, its because i was moving. Theres a lot of that going on. While you were gone, we got some housing data. One of the things we got out there is a booming Housing Market with the haves. Lisa people who can buy houses will, although people who can be at work and avoid being tormented for being off for one week may do so. Maybe jon will prolong his vacation in order to not be lambasted for being on a sabbatical. What about you . Arent you going to do some portage . I heard you love that. Tom no, we are going to try to get the kids back to school and move forward. We welcome you back on bloomberg television, bloomberg radio. Everyone hearing about this challenge of virtual learning, back in the classroom. Simply getting people back to the office. The summary is it is not happening, is it . Lisa no. My youngest kid is beginning school today onlin
Quarter of 1 . The backdrop to this is the Republican National convention that kicks off today. We are going to have more on that later on today. Ags investments will be joining us. I want to stick with the president and politics. We know the virus is related. Yesterday, President Trump making an announcement on a has to tracking of convalescent plasma treatment. Listen to what he said yesterday. Pres. Trump through this study, over 100,000 americans have already enrolled to receive this treatment. It is proven true tease to reduce mortality by 35 . Joining us is tobias levkovich. Thank you for joining us. How should the market price of vaccine and a treatment differently . I think the market is looking for both, in many respects. In other words, vaccines that are being discussed are more about protecting the person from getting the infection, but not transmitting the infection. On the other hand, therapeutics are treating the actual infection. We need a mixture of both results in orde
That it would be premature to speculate on that possibility. That seems to be one of the factors driving the market today. That theositive news market believes it is going to get on the vaccine. That is why we are seeing the s p up. 6 . We have the euro trading higher. The dollar continues to move lower. We will talk more about bonds as well. Is the bund overvalued . Lets get back to that subject of the coronavirus pandemic. Many European Countries continue to report a surge in cases. Is the Bloomberg Intelligence director of research. We are starting to see a pickup in a number of cases around europe. Has europe missed his opportunity to control the virus . Many people were lauding it for having been able to do so. You have seen rules loosened over the summer we have seen rules loosened over the summer and cases are climbing back. Surprised. Ot if the authorities in charge are when we loosened the restrictions, when bars and clubs opened with very likely people who cannot control thei
Havent seen those high winds. Is that going to remain the case . It looks like it will for at least a little while longer. Right now as we track the Current Conditions in napa county, look at how hot it is though even though we dont have much of a wind, this really makes it hard for those crews out there when temperatures are already at 91 degrees. And at least once again, as we said, the winds are calm, but the humidity also continues to drop from this morning. The air is getting drier, which also helps those flames spread faster. As we look at what caused those fires, the lightning and all of that moisture that was streaming through the bay area. That has moved farther to the north. We do some unhealthy air in the east bay. Those temperatures are heating up fast once again. Well take a look at all of our micro climates in the High Temperatures for the next few days. Thats coming up in a few minutes. Thanks, kari. Crews are still battling two fires in napa county. The Napa Hennessy fi
Cspan. Created by americas Cable Television companies as a public service. Not to you today by your television provider. Dr. Anthony fauci is the director of the National Institute of Infectious Diseases. Theave an update on covid19 pandemic. He took questions from reporters in the government response to the disease. Good morning everybody and its a pleasure to be back with our audience and if this is your first time at a reporter briefing welcome. We been an unbiased resource to advance knowledge and understanding and an important part of our work is to serve as a resource for reporters and journalists. Today i am honored to welcome back our special guest doctor Anthony Fauci who as Everybody Knows has been at the epicenter of solving every Infectious Disease challenge of the lasttwo decades. Doctor fauci the last time we spoke it was 2018 and we were recognizing 100 years since the 1918 pandemic with the past two vaccinesand today where and another precipitous moment in history. Were