Good morning, everyone. Welcome to bloomberg surveillance. I am Francine Lacqua here in london. A lot going on, because we have Christine Lagarde testifying in parliament. We will bring you anything that comes out of it. The markets focusing on infections rising around the world. They are focusing around the fact that we could see a stimulus. Lets get to the markets. I dont know if we have them. If we do, it could be great, and it would be a good time to look at them. Overall,ok at stocks they are falling along u. S. Futures, tougher restrictions, progress toward a vaccine. We have plenty more of course on that. Astrazeneca at rising amidst positive news on its coronavirus vaccine. We are hearing from Christine Lagarde. We had an exclusive conversation days ago. The focus is on the need for a stimulus. The focus is also on the need for markets to do a little bit more. She said basically the ecb delivered in the first wave. She is talking about the physical packages, on course for a fis
Look at the really disinflationary dampening you are seeing in the bond market. I dont want to make a big deal about it, but yield gives way to lower yield. Im looking at fiveyear, fiveyear breakevens, and there is a little bit of an ebb, an increase in the disinflationary tendency. That claimsort number at 8 30. Francine a really important one, and we have some great interviews coming up from the Bloomberg New Economy Forum focusing on health today. A conversation also with bill gates. Lets get to first word news in new york city with ritika gupta. Ritika joe biden warns that the delay in starting the president ial transition could set bet the effort to distribute the coronavirus vaccine. Could setback the effort to disturb the coronavirus fencing. Trump thent Trump Administration is being urged to begin working with biden. Wisconsin Election Officials have ordered a partial vote recount that was requested by the top by the trump campaign. There will be recount in two heavily democrat
Troubles get getting linkedin, and hopefully we will be able to resolve this sometime. Theres a third vote pending as well. It will discuss declassification policy in particular will be discussing striking a balance between protecting our nations classified material ensuring Historical Documents can be safely get their moment in the sun. Im prepared to differ my Opening Statements for the following reasons. Senator moran is a chair hearing at 330 and in between, passing a vote and if its okay with both of you, and i just my time to senator so he can open with some comments as he joined us here today on this issue. Now he cant does not have to miss a vote and can share his important hearing at 330. We hopefully elevenths is working. Can i reserve a special favor. Yes absolutely. Take him for everything he has. Usa your comments. Of time to vote in the missing hearing. Mr. Chairman, is a real privilege to testify to be in front of this committee. I hold until committee in high regard. An
Outbreak. After that Prime Ministers questions. And then a roundtable discussion President Trump posted in las vegas with latino supporters. Susan richard horton, editor of the medical journal the lancet, you published a book, and you wrote the virus that caused covid19 is not going away. It will be with us for a long time to come. The best we can hope for is peaceful coexistence. What does that look like . Means negotiating a relationship with the virus, if i can put it like that. When covid19 hit, countries locked down. Virally way to cut transmission was to stay at home , stop social mixing, implement physical distancing and so on. That is fine in the short term. It can extinguish the outbreak, but it is not a longterm solution. It is not possible to live life like that. Coexistence, i mean we have to renegotiate our relationship with the virus, which means we need to leave our homes, go to work, send children to school. We have to do it in a way that minimizes the risks to those wh