But im good and im back. Tom we are thrilled that you are back, and this illness is something, whether it is the flu or covid or whatever. Betsy grace at Morgan Stanley yesterday, and she said she is focused on the original moment we had in earnings yesterday. We will see that with j. P. Morgan and wells fargo. As you mention in your opening, the major thrust here, country to country come is on lockdown, and if and when anybody can really wish country to country, is on lockdown, and if anybody can relinquish the quarantine on society. Francine we will have a full round down rundown on the possibility of a vaccination, but we are nowhere near that yet. We also have to look at antibody testing. Lets get to the bloomberg first word news in new york city with viviana hurtado. Viviana President Donald Trump hopes to reopen the u. S. Ahead of schedule. The president saying within days the administration will issue guidance for governors who want to relax social distancing practices. The pres
President trump says social distancing will hold until at least april 30. Lives in claims italy and spain over the weekend. Warnings against loosening lockdowns. To Matt Bloomberg daybreak europe. Best week since 1938, 8 dead cat bounce or the start of something bigger . A great piece looking forward thats as while it is difficult to call, there are two potential mistakes. A premature exposure to risk assets or being overly cautious. At the moment, he would err on the side of being overly cautious. Is whether youte have seen the beginning of the next wave of lockdown come close down extension of the distancing in the u. S. , the talk of potentially 200,000 deaths. Advises institutions to dip their towing to the equity market. Time to buyg it is credit. Jpmorgans note saying the wildcard is the infection rate, but they are confident the stability is coming into these markets and you may want some of the risk assets like equities and bonds, so the calls are mounting. It did poorly depend
Francine lacqua here in london. U. S. Treasuries are closed for the day. A lot of markets will be thin. Stoxx 600 gaining 0. 1 . The other big Market Movement this was happening is what is happening to the pound. We will speak to the pollster that put this yougov hole putting the majorities ahead. It always a good idea to look at yen. Gives us a good litmus test for risk out there. Coming up on bloomberg, we speak to the football legend Rio Ferdinand 30 minutes from now. Well ask him about what business can learn from sports and why he is working with the u. K. Property market. The Hong Kong Hong kong has found themselves at the center of tensions after President Trump signed a bill supporting city protesters. Requires special review of the trade status as well as sanctions against officials deemed responsible for human rights abuses. It threatens to copper gate trade talks at the two sides get close to a deal. Lets get the latest from jodi schneider. First of all, trumps action is exp
Mistakes on the grounded. Slashed. Where will the s p trade . We will have the latest. Been told 3 higher, you would have laughed. What is bizarre is the trajectory of the Economic Data and the u. S. China trade talks. It is 9 00 a. M. Across the the trajectory of earnings has gone according to plan. Emirates, 1 00 p. M. In hong either something massive is missing, and i have yet to find but i think this kong. I am tracy alloway, this is bloomberg daybreak middle east. Manus i am manus cranny. Week will be the moment where if we cannot identify what we are missing, the bears must capitulate because we have catalysts lined up. This is where wall street meets politics meets investment. There is the jobs data friday, somewhat say the big opportunities. Still companies some would say the big opportunities. To report earnings. Tracy you write on the mliv in politics, we have steve mnuchin, jared kushner, and a blog that this is crunch week for the bears. Man close to politics and talk to us
Expenses. Regulatory and privacy pressures mount. Dar p china spoke on alphabets ceo spoke about this. The momentum has been great. Ever since thomas has come in, he has continued to invest across the board. Focused a lot on operational teams. It is playing out well in this business. To be inortant for you as many situations as possible. Nejra joining us now is bloombergs opinion tech columnist and Marija Veitmane from state street is still with us. Before this release, alphabet shares had hit a record. How concerned are investors going to be about this latest news . People are fundamentally investing for growth. There was a bit of dip in aftermarket trading. The cloud is becoming a very contested space. We saw pretty much the same from amazon last week, that they are also investing to defend their market share. Investing tole is secure their market share. They do Something Like 8 billion per your revenue from the cloud. Amazon doesnt 9 billion per quarter. Doesan see that amazon 9 bil