Nation. Just coming in, images of the sunset you and i observed last night. Imagineom, you cannot the change across this america. Forget about economics, finance, and investment. It looks like man delorean out there, lisa. Lisa really depressing to watch that orange sky over in the west and seeing the smoke come toward us. It is a political smoke, as well. Everything becomes that much more political in this year of 2020 as we head toward november. Tom jon, you nailed it on the United Kingdom earlier in the fictitious nature of our Unemployment Rate and the fed meeting tomorrow. I am going to summarize the backdrop, double digit unemployment. Jonathan unemployment and the u. K. Just north of 4 officially. It Means Nothing to anybody me living in the u. K. Right now. There is a Furlough Program tying a lot of people to the government, and that expires at the end of next month. A huge conversation on whether it. Xtend if it does not get extended, unemployment will go much higher very quic
2018 . I have a commodity for my chart of the morning. It is not oil or copper. I also wanted to highlight gold because gold is near 1300 an ounce. It has been a stealthy rally into the end of the year. David youve got to admit it. I was doing golden 2008. David lets get headlines outside the business world. Worst doingemma its york cits fire in more than a quarter century. It went through a bronx killing 12uilding, people. The fire began on the first floor and spread it to the building within minutes. 170 firefighters were called to the scene. Is withoutgedy question historic and its magnitude. Our hearts go out to every family that lost a loved one here. Emma because the fire is under investigation. In india, at least 14 people were killed in a fire. The bamboo ceiling in the restaurant burned quickly and collapsed with people trying to escape. The police of fired case of culpable homicide against the restaurant owner. Transferea will hold a to a north korean vessel. That would amoun
Station employees are back at work today. Mourners turned out for a vigil to pay their respects. Weren parker and ward during an onair broadcast. What we know is that the number of people who have died incidentselated around this country dwarfs any deaths that have been through terrorism. We are willing to spend trillions of dollars to prevent terrorist activities, but we have not been willing, so far, to impose some common sense gun Safety Measures that could save some lives. Vonnie that was president obama at wpvi in philadelphia. The suspect took his own life, but not before posting video of the murders on social media. The woman who was wounded is in stable condition this morning. Chinese stocks of ended their fivethey plunge. Almost all the gains in the last 45 minutes of training. The shenzhen composite was up 3. 5 . The shanghai composite gained 5 . The Chinese Government intervened to boost the stock market. To stabilizeted before they parade on september 3, commemorating the e
I know this is all prebrexit vote, but then we also need to look at yields. Thats probably the story of the day. Tom absolutely extraordinary morning. What i find so telling, francine, is i can tell you, ive never seen a bloomberg screen like this. 2007, 2008, even september 11 of 2001, its an absolutely extraordinary environment. How fortunate we are to have jim bullard for the hour. Francine right. Were seeing record lows, so not a bloomberg screen, not any screen. Tom, well get back. Those yields and bonds shortly, but first, lets get straight to the bloomberg first word news. Francine, in the u. K. , the justice secretary will make his case today on why he should be the next Prime Minister. G next he torpedoed the leadership ambitions of his fellow brexit campaigner, Boris Johnson. Now gove has his sights set on the home secretary, the early favorite to lead the conservative party and the country. The Largest Oil Producer in western europe faces a strike at midnight. The government
Headquarters in new york. And anna edwards in london. How was jackson hole taken in the city . Na we are watching how this is playing out in the equity markets. Taken badly by the equity markets. Down. 3 . Down across the european session. I was fascinated with how they had to walk the line by saying, we dont have that many policy tools, but they have enough. Anna . Nextr joining us in the hour. Taylor italy will investigate whether fraud has anything to do with people who died in the earthquake. Contractors that broke building codes. And the country wants to make sure that organized crime does not get involved in the session. G the Authorities Say someone set fire to the crime lab in an in colombia, a permanent ceasefire has taken effect in a conflict that has lasted five decades. They are laying down their arms as part of the peace accord. To approve the agreement. Fighting in colombia has killed an estimated 520,000 people. Singapore has confirmed that residents have the zika virus.