The Central Bank Governors replaced overnight. The lira jumps. Monday, a certainly eventful weekend. Tom keene joining me to look at the next president. Im excited because your way out front on the turkish lira. Seeing with the path forward for the investor is. Biden,. All about joe tom the president elect tries to figure out how to change the dialogue on covid. And i cantry emphasize how perfect the weather is across such a nation. It obscures a massive increase in cases. Hospitalizations are not critical, i dont know if its the same tensioner feeling in london. Its different here because weve been in lockdown for five to six days. ,e saw a Record Number of cases the u. S. Numbers are actually staggering. 120,000 new cases last week. We look not only to the task force joe biden put in place will put in place, but the Market Reaction is muted, if not a little bit positive. The senate possibly being held by republicans meaning they will without thenefit extra taxes. Global equities rall
And tom keene. A postdebate bloomberg surveillance. We welcome all of you on bloomberg television, Bloomberg Radio across this nation after an extra ordinary evening observed by all last night. We have good analysis through forward in the view towards october 15 and the second debate. I know we are going to try to focus on where we are in economics, finance, investment and that. Ive just got to go to your observation of seeing the debate from london. Was london engaged in that of a last night in the debate last night . Jonathan it was the talk of breakfast this morning, i can tell you. I was watching it on my phone and the waitress came over and discussed what she thought as well. I think many were surprised come about at the same time, what else did you expect when you were going to put these two people in the same room on the same stage . Tom you are absolutely dead on. When they started in last night with Chris Wallace, at times almost debating with the president , to see what they
Joe, whats this about what do you think is going on in the market, joe . I think this is an asbestos luts perfect technical correction that were experiencing and we have been experiencing from the beginning of the month i talked about it with you i dont think the time is now to be stepping in and thinking that its over. I agree with your opening. Tlp is further weakness that lies ahead for the market. Lets keep in mind theres significant weakness in germany. I know jim talked about apple being higher for the day as a good positive indicator. Apple should be higher wasnt able to sustain that its in a bear market. As long as apple remains under some pressure, you have to believe the overall market will have a bit of its own problem, dont you think. Possibly. First of all, we needed a correction whether its because the case, the daily case in europe are now ahead of the u. S. Or the debates next weekend or the election coming up we needed the sell off this is great thing. Investors have t
Wide range of covid19 topics but none more timely than getting our children back to school. Throughout the last two weeks i have spent countless hours talking with educational leaders around the state. Everyone agrees for the future of our children we must do everything we can to have them back in a learning environment again this fall. Working with States School superintendent woods, educational administrators and School Boards around the state we have guidelines for schools that i am very proud of because it took the assumption we would open schools what do it very safely and ensure that schools have the tools they need to protect students, staff, teachers as well as the community as a whole. We fully expect some cases of covid19 among students and teachers and we are doing what we can to provide the resources that need it to protect everyone in the setting. Working with fema, schools receive less in the coming days. To go back to school, we know schools need to be prepared to respon
Like this, go for it. So the annual gilroy fireworks display will fill the skies. Just a great morale booster. Many say they support the decision to move forward with the show. Fireworks will be at Gilroy High School and will go higher than in years past. Those homes in lines of sight will watchful. We wont have the people over for the traditional good americana barbecue and all that. Were trying to keep it as normal as possible. Reporter some of the roads around the school as well as nearby parks will be blocked off to prevent clouds from gathering. Security guards have been hired to patrol the area and extra police and fire crews will be on hand throughout the weekend. Safe and sane fireworks are being sold throughout the city to help support local nonprofit organizations. So they are spending a little more money than normal to enjoy a bigger selection at home. Officials reminding residents of their personal responsibility to follow the rules. Stay at home, stay safe, and enjoy the f