Cautiously optimistic that we will have a vaccine by the end of this year and as we go into 2021. Fingers crossed right, we need some help the u. S. Coronavirus case count is now more than 4 and a half million. The death toll across the country has surpassed 150,000. But the nations top disease. Doctors say theyre still optimistic a Covid Vaccine will be approved by the end of this year or early 2021. But they also warned congress that in the meantime too Many Americans are still not doing enough to protect themselves and others from the virus. Kron fours washington correspondent Trevor Shirley has more now from todays hearing. Doctor Anthony Fauci was back on capitol hill friday with a message of hope for lawmakers, we feel cautiously optimistic that we will have a vaccine by the end of this year and if that happens who gets it and when wondered Indiana Republican representative jackie walorski. His a safe to say that every american will be able to get a gives protection with only a s
[no audio] tom good morning, everyone. Bloomberg surveillance. We welcome all of you worldwide, on Bloomberg Radio and Bloomberg Television. Some technical difficulties there, which usually start with tom keene because i am the one most remote today. I am still at my home here near the mount sinai complex. It has been a most extraordinary morning. Let me give you a sense of the new slow right now before we get to our good conversation this morning. Is certainly decidedly new and more grim news on the pandemic. This has been the seachange news this morning. We have seen it over the last couple of days as well. And in the markets, as Jonathan Ferro has mentioned, a real deterioration over the last number of hours. All of this the reality. I think i could simplistically just say because we have wiped away any sense of a vshaped recovery, that ended somewhere in the vicinity of 2 40 p. M. Yesterday, didnt it . I think there was Jonathan Jonathan i think there was a little bit of exuberance
The s p 500 sees its biggest rise led by energy, health care, and raw materials. And an indepth look on the economy. We discussed fed policy in an expose of interview with Robert Kaplan. Shery lets get started with a quick check of the markets. The u. S. Futures are under pressure. This after we saw the rally in u. S. Stocks. Taking the s p 500 to the highest level since a few days ago. We have seen the rallies for the last three sessions and it has now gained the most in more than one week. And health care leading all 11 sectors higher and we continue to see optimism over the economy. U. S. Retail sales jumped up the most in a record. It has really offset that second coronavirus exceptions. The nasdaq was up 1. 8 . This was of course after oil went above 30,000. There are signs of improving demand and product production. What comes to the economic picture, will be getting trade figures from japan. We are setting up for a mixed open after two days rebound. This morning, qe stocks added
Research institutions. We have been generating policy ideas that promote economic prosperity, National Security and democratic governance. The dissimulation of the work has a Simple Impact on important Public Policy issues here and around the world. We begin taking the steps to lead us out to this crisis we help you find value in these important discussions as we look forward to ways to mitigate potential effects of the coronavirus has had on the u. S. And on the world. As a reminder, we will be taking audience questions and encourage you to submit yours using the button at the bottom of your screen. Todays briefing is from larry dimond who is a senior fellow at the Hoover Institution. He is with the u. S. World bank and other governmental and nongovernmental agencies dealing with developments. His recent books include his influence in american interest, and ill wins, saving democracy from russian rage, chinese ambition and american complacency. Thank you for joining us today. Thank yo
Welcome to the policy briefing series. The nations Permanent Research centers. They dealt the National Security and democratic governors. It led to significant impacts on important Public Policy initiatives here and around the world. As we are taking the steps that will lead us out of this crisis we will find value. They will have the potential effects of that the coronavirus has have on the u. S. In the world. As a reminder will be taking audience questions. Todays briefing is a senior fellow with the Hoover Institution. The u. S. I aib. In other governmental and nongovernmental agencies dealing with developments. The democracy from the russian rage. Thank you for joining us today. Let me jump right into the middle of this. Several Leaders Within the communist party have claimed that the government has performed while with eight and political surprise supplies. In the reputation. I dont consider myself an expert. I dont think you need to be an expert on china. The pose of democracy. T