We welcome you on the simulcast. Bloomberg radio and Bloomberg Television across this nation and worldwide. This due of news is just extraordinary. An important moment will be Lawrence Kudlow after the jobs report. But jon, i want to talk for a moment about the markets. Affected. Oeing come up 5 . Igit 13 on the s p 500 yeartodate, and the nasdaq 100, lisa has loaded the boat on the nasdaq, up 38 . This is a boom and great bull market. Jonathan record on the nasdaq, just off that on the s p 500. The market has ignored all of the bad stuff over the last month and held onto all of the good stuff. Does that change in 29 minutes . The payrolls report, the estimate for hunted 60,000 the estimate 460,000. Tom Kevin Cirilli talking about the enthusiasm to get something done. We will talk about that in the moment. I love what greg peters of pgim said in the opening credits, the idea that everybody is looking for every bit of yield. To me that has been undersold story this week about how other
Everybody go into nose bobby wine. Despite coming from a poor family, the pop star wants to become president. Allergies or god as elite audiences. The credible story of bobby ward starts december 10th on t. W. This turquoise sea back ends with the promise of a new plan, a dream destination for tourists teeming with Marine Wildlife at home on its shores chorused, now is an island paradise. But its under threat. The former dutch colony, located off the coast of venezuela, is feeling the impact of Climate Change and pollution. But these locals are taking action is failing when it comes to saving animals. A mission she shares with their dead and emissary for conservation, but the filming its a far cry from the picture. Perfect tourist snapshot. A thick mat of soggy assem seaweed blankets. The bayonne chorus out was east coast sea turtles trapped in the alligator fight for their lives. And this group is fighting to save them. The alarm sounded early this morning. I get this goal. When you c
Net 245 thousand people went back to work in november. That is significantly slower than we have seen every month since we started gaining again. Private payrolls, only 344,000. Last month in october, that was 877,000. The unlimit rate does fall to 6. 7 , but that is in large part because fewer people were in the labor force looking for jobs. Heres the thing that i think is really going to be important as we look at how the pandemic reshaped the economy. You look at what happened with retail hiring. 35,000 jobs lost in retail in a month when they are usually hiring for holiday sales. Createdad 118,000 jobs in the warehousing and courier sectors, which are the people who work for the online sales departments. It is a real change. Finally, the total labor force is still 9. 8 million below where it was in february. So no matter how well we have come back, no matter what that initial v looks like, it is starting to flatten out now, and you still have almost 10 Million People who had jobs i
A big drop from the same day in 2019 when 2900000 people were screened by the t. S. A. The reason many chose to stay put the states giving is obvious. Namely the coronavirus pandemic. U. S. Officials warned against travel over the holiday. This after seeing a dramatic jump in coburn 1000 cases north of the border in canada. Canadian celebrated thanksgiving, a month and a half ago. And since then, the nation of 37000000 has seen its daily coronavirus case count nearly triple. According to the Public Health agency of canada, the number of infections has gone up from 2000 new cases a day in mid october to around 5500. 00 a day with few canadians flying to get their turkey dinner. Many are blaming the festive gatherings themselves and not travel for the surge. If the current trend continues Public Health officials in canada say that the country could see up 260000 new cases of covert 1000. 00 per day, by the end of december. In the states, a search like canadas would likely take the countr
Probably not today ahead of another call between Commission President ursula and british Prime Minister Boris Johnson. U. K. Banks and Home Builders suffered the brunt of the selling as the ftse 100 outperforms the spot 600 and the pound stays under pressure well, a very good morning and welcome to street signs, everybody. Our top story of the day, no surprise, brexit as talks enter the 11th hour. And we have plenty of coverage this morning were going to get into all the detail, all the latest in just a moment but i want to kickoff by showing you the Market Reaction because its been pretty interesting the moves weve seen so far. Starting with sterling, which is trading up 1. 5 versus the dollar, so currently around the 1. 3240 level this as volatility in sterling has reached an eightmonth high. So a substantial sell off in the currency this morning on the back of this weekends developments as we head into the final talks. The ftse, meanwhile, the main benchmark in the equity market for