Strategic plans across america to deliver those vaccines safely and these doses cannot come soon enough as covid19 continues to devastate the golden state California Health officials reporting more than 35,000 new cases of the virus and 225 deaths both numbers shattering daily records more than 13,000 people are currently in the hospital thats also an alltime record and the states icu capacity is now at just 7. 9 some good news though california is expecting some 327,000 doses of the pfizer covid19 vaccine as early as monday. As part of the initial vaccine rollout the move comes after the fda authorized emergency use of that vaccine late last night. The chief operating officer of operation warp speed now praising the effort today calling it historic. For 7 months we have realized the greatest Public Private partnership in modern times. Doctors scientists researchers factory workers low just asians and hundreds more have all come together for single or purpose. That purpose save lives a
Economic damage can be avoided. Speaking today, the ecb president Christine Lagarde said there is no doubt the pandemic will have a longterm impact on the global economy. It is clear that covid19 will cause lasting changes to our economies. Ourill not necessarily suck economy potential, if we act powerfully. But it will cause sectoral and societal shifts against which we have to guardian be prepared. Mark according to a new ecb report, governments and Central Banks face a tricky balance between shocking the economy if they and the pandemic support to soon and undermining it if they keep measures in place to long too long. Global news 24 hours a day, onair, and on bloomberg quicktake, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. Vonnie it is 1 00 p. M. In new york, 6 00 p. M. In london, and 2 00 a. M. In hong kong. Im vonnie quinn. Welcome to bloomberg markets. Here are the top stories we are following on the bloomberg an
Get into that phil flynn, the senior analyst, Fox News Contributor as you know, adam joined us from agoura financial, jackie deangelis, we will be going through these numbers and sectors as you keep looking at this but alan, looking at it and i want to tip my hat to you because in the middle of this down graph when people were looking for barrels to go over with you said wait a minute, this is not as bad as it looks and sure enough you were proven right, going back to last march and where we are now, what can you do for an encore . Obviously we saw the market snapback as we seen every time in history, we are in a bull market, everything the market has thrown at it its been able to bounce back and bounce back the difference of a selloff, that is a lot higher move, you talk about the 10000point drop in the dow, that pretends 40000, that may seemed like a Staggering Number but its 30 above where we are now and lets remember the dow is 65 off the lows, there is upside left and until the dy
Contributor, karl rove. Futures are pointing to another rally, extending yesterdays gains of 315 points on the dow futures right now, all three major market gauges finishing in the green yesterday, boosted by positive news on the vaccine front from astrazeneca this time. Best buy, burlington and Dicks Sporting Goods are reporting this morning, all the numbers as soon as they hit the tape. Were keeping an eye on the Holiday Shopping season thats largely shifting online. How you can protect yourself against cyber criminals looking to hack the holidays. And replacing an icon, or trying to. Jeopardy will be seeing a show alumnus as its new interim host, making a buzz this morning. Mornings with maria live right now. New york, concrete jungle where dreams are made of. Theres nothing you cant do. Dagen weve got a rally on deck here in the United States, same story in the european markets. Gains across the board, up about 1 in england, france and germany at the moment. In asia overnights, mar
Donald trump says he has told his team to co operate with the transition to a joe biden presidency, after the agency which oversees the process ruled that it could formally begin. The General Services administration will now release funds to mr biden, and his officials will receive security briefings. This is how mr trumps acceptance came, in a tweet that says its in the best interests of the United States for his team to co operate with protocols. Joe biden has unsurprisingly welcomed the decision, saying todays decision is a needed step to begin tackling the challenges facing our nation, including getting the pandemic under control and our economy back on track. In the days ahead, Transition Officials will begin meeting with federal officials to discuss the pandemic response, have a full account of our National Security interests and gain a complete understanding of the Trump Administrations efforts to hollow out Government Agencies. Ive been speaking to our North America corresponde