Lets look at the boards. S pralia, new zealand, downgrading the outlook for australia to negative from stable. Open toand, increasing qe. Looks like they are willing to extend bond buying. The csi 300, still a little bit of pressure after the threeweek highs we reached yesterday. The nikkei, pretty much flat now. Like investors were taking this state of Emergency Declaration in stride. Saying we could be a very good chance of hitting a bottom. Watching currencies. Seeing so many go back to the yen. The rupiah just coming online. We have learned that jakarta ordered offices to close. They are also banning gatherings. The offshore renminbi still seeing a bit of weakness after we did see some strength. Yield, chinese 10 year we certainly saw the yield at 2002 lows. Tom now lets focus on the lockdown in the original epicenter of wuhan, which has been lifted. The situation is still far from normal. Complex restrictions are in place and there are fears of a second wave of infections. Darren
105 in iowa, that is a lot for us. Just a couple of hours ago i was on a call with iowa state leaders who are at the state Emergency Operations center. Let me say that again. Emergency operations center, an e. O. C. You just dont set those up for fun, folks. You set them up when your state is in crisis. They gave us a picture of whats going on with our workers and our Small Businesses on the ground in iowa. Within three hours the state received over 11,000 calls for Unemployment Insurance. 2,000 of them are selfemployed. They wont qualify for Unemployment Insurance. You know what would relieve their hurt . This package, phase three. Meanwhile my democratic colleagues are holding this bill up that would actually deliver the relief that is necessary for these workers that i just mentioned for things that have nothing to do with a crisis. Senate democrats are stalling funding for hospitals and Small Businesses until they get to jam through their Green New Deal. Mr. President , you tell me
I dont think the feds job is to make sure there is never a recession. Viviana speaking of Central Banks, their independence often perplexes political leaders. Not just the white house. I would like the central bank not only to work on controlling inflation, but thinking about growth as well. Viviana the outgoing and incoming heads of the imf had plenty to say to bloomberg about global trade. We need to have fair trade. We need to have reciprocated benefits in trade. We are talking about trade, peace, not trade war. Viviana a u. S. Election looming in 2020. Key figures in the political conversation buckle up for a wild ride. The economy is outperforming expectations. Economic policies from the president are working. I think our capitalism has to be more inclusive. We believe in Free Expression and we believe in political speech. Viviana it is all straight ahead on this special edition of bloomberg best. Hello and welcome. I am viviana hurtado. On this special edition of bloomberg best,
Can died here and we stocks. Famas relationship now extends five decades and led the beginning of difficult men shonal and Institutional Fund manager. They are coming out with a landmark paper and brand new stuff. The two recently sat down at the university of Chicago School of business. Widearranging conversations on a very special masters in business. During your last year at tufts you worked nor a professor who ran a stock market Forecasting Service and you did research for him, what sort of work did you do with this dock Forecasting Research . To beat the market. How did that work out . That worked out fine. [indiscernible]. That was a lesson how did that research into forecasting the stock Market Impact your thinking about whether or not the market could be beat . , i came here to Chicago Research indiscernible] put in context, it started because of computers. Before 1960s, we didnt have a computer to do data analysis. And statisticians had a new toy to play with and stock prices
Runup to the brexit deadline. That is important, because of any mps oppose the brexit strategy, they will have little time to block it. David thank you so much for reporting from london. That is emma chandra. Now we go to washington and Wendy Benjaminson. Today is the deadline for the third democratic debate . Wendy today is the deadline for the september 12 and mainly and may be september 13 debate in houston, texas. Today the dnc announced they will not tell us who made the debate stage until tomorrow. This morning paul gives is a pretty good this mornings pool give us a pretty good luck and it looks like only 10 candidates have qualified. David if you didnt qualify, are you out of it . I talked to john delaney and he said he is not going to make it but he will stay in the race. Wendy that is a decision every candidate has to make. If you have the money and you think you can convince people there is another debate in october. I think there is a growing perception that if you do not m