A person. And im sure the person would inform you, in order to do a best a Health Care Provider needs to address in full personal protective equipment. Full personal protective equipment. There is a swab put in bag of the nose all the way to the back of the throat who is put in media. The next person tested that Health Care Provider has to change all the personal protective equipment. When you put that in, highly likely a person coughs or sneezes is at risk. Were trying to fix now by mobile platforms, enable high throughput of the swabbing. Were doing technological things that might be break throughs to make it much faster but we certainly expect that from thousands of People Per Day we will be at the tens of thousands of People Per Day this week according to those who are. Buck stop with you, mr. President . The buck stop with you . Normally. When you hear this, has never been done before in this country, if you look back at take a look at some things that took place in 09 or 11, what
By about 414 points. Things have bounced around rapidly. Weve seen the volatility. Part of that was the big selling that happened. Nasdaq off another 140 poijnts. Looking at the 10year trading down talking historic lows every day when the 10yearwas above 1. 2 on the ticker, i was looking for it this is an important time to watch that, didnt you think it is crazy its a new time line to look at global rates we never thought these type of rates would get to us. They are still higher than the rest of the world is at. It is still staggering it is unbelievable and shocking on the daily basis. Providing the context. It does not happen often they are usually tied to an event. 1998, it was the collapse of the he hedge fund in 2010, resulting in a drop 2008, the financial crisis led to a fourday decline of more than 1,500 points. And now the coronavirus with a loss of 3,200. The big one was 1987 that wasnt really precipitated by any other event other than insurance. 22 in a day i want to make a
Talking about what is happening with the coronavirus and appointing Vice President pence. As he was speaking, one of the cases of unknown origin that happened in europe as predicted if you look at the treasury now, you see the 10year is yielding 1. 297 . Not negative yet. President trump speaking about preparations last night. We are very, very ready for this whether it is going to be a break out of larger proportions or whether or not we are at that very low level and we want to keep it that way he has tasked Vice President mike pence he also addressed the market response i think the stock market will recover. The economy is strong, consumers are incredible thats why we are doing well and other countries are not even before the virus our consume rp is very, very strong very powerful economically. And the president put some of the response of the dow to the democratic convection. Are you suggesting Financial Markets are overreacting here . I think Financial Markets are very upset when
Treasuries. Over widening its lead china as being the top foreign holder of u. S. Treasuries. That is the main headline crossing the bloomberg terminal. We are talking about a total amount not quite sure what the total amount is. The headline is that japan continues to widen its lead as top foreign order of u. S. Treasuries. Scarlet chinas share dropped even more. Both of them decreased their stakes. Reporters toour check in with them to see what they are monitoring. Abigail i am watching the tech shares you all were talking about after yesterdays small pullback. The bigger public for the stocks perhaps on the signing of the phase i trade deal. Lots of dreams of green on the screen. We have macron trading strong. Inductors big in on these tech dreams. This is one of the scary charts to take a look at. 500 tech index going back a few years. The yellow line is the 200 Day Moving Average. Investors buying technology. There are periods of time where the s p 500 has been well above the movi
Stoxx 600 at a record high. On top of that encouraging news out of china. The pound, 1. 3363, getting a little bit of data with manufacturing. 45. 9 but it is still also indicating contraction. Lets take a look at a share price of electoral a come of , those are down. Mark carney will present the financial report. Thats from 5 00 p. M. London time and we should be a week away from the nomination of the new bank of england governor. Lets get straight to bloomberg first word news in new york city. Boris johnson will appoint new ministers to his cabinet after his landslide victory in the u. K. Election. The Prime Minister will welcome 109 new conservative members of parliament to london. They will take their seats in the house of commons. Downing street saying the government will introduce a law to deliver brexit before christmas. That will pave the way for the eu divorce and take place by the end of january. The International Effort to rein in fossil fuel pollution stumbling after u. S.