Know, people from that other neighborhood over there could park in front of my house. Which, again, triggers our reptillian cortext of the brain and our sense of territoriality over the street in front of our homes. Commissioner brinkman we would certainly have a lot of people clearing out their garages so they could park their cars in them, instead of just storing things in them. Yeah, its definitely worth considering. You know, if we could actually charge sort of fair market value based on where you live for storing your car on the street. To that point is it possible to charge a street license . So, say, you wanted some people want to park in front of their house. Could you charge a specific license or fee or permit that you got the spot in front of your house, right . It would be a significant upcharge, because youre basically renting the street on an annual basis kind of thing. But i how does that work in the context of the current law . So i would i would ask the City Attorney to
Investors are shrugging that off as stocks look to rally at the open. One name that may not rally is zoom. Shares of zoom are sinking yeah, in the premarket, work from home stock taking a hit from a rising free user base and increasing cloud costs and we have vaccine optimism, moderna and pfizer filing for emergency use and Vice President pence says vaccine rollout expected to begin in two weeks carl all right jim, i guess the question of the morning is whether that rotation, that worked historically well in the month of november, still applies. I think were running out of gas in terms of the oil and gas and focusing on exxon. Stock may not go down, giving the dividend, it says, look, were at wits end and the big Exploration Development period for exxon, market leader, u. S. Leader, is i think now over. We are following were following europe and japan and i think that we forget that you come in today, and you look for all sorts of reasons why were up and up strongly except we dont look
Behind, but what is important is the symbols along the way, and the number one symbol is the most unloved bull market since time began. You do measure the wall of cash on the sideline. How does that feel this dow 30,000 morning . Left out,very lonely, isolated, and i imagine some of it has capitulated. We talked about a tugofwar at the start of this month when we got deposited vaccine news. Overwhelmingly now, this market is looking through the nearterm risks into year end. I had a conversation with someone who suggested we could get a negative payroll sprint negative payrolls print for the next couple of months. It is an outlier call, but deteriorating data is consensus, and here we are running straight through it. Tom maybe it is a biden administration, the fed coming on, stimulus coming on. You keep talking about the russell 2000, up 11 year to date, and it has been a moonshot the last number of weeks. The nasdaq 100 lagging recently, up 34 year to date. 500 up 12. 5 . P for you, we
The and pennsylvania. No sign of qe for the boe. Officials boost stimulus to prevent a doubledip recession. Good morning, everyone. Welcome to bloomberg surveillance, but welcome to our Election Special. Votes are being counted. I am Francine Lacqua in london. Tom keene is a new york. Tom, we look at the senate, the legal challenges. I know you and i have not slept much in the last 24 hours as we were roaring through the votes, trying to figure out exactly how throughident poring the votes, trying to figure out exactly how the president can mount a challenge. The other big news is the bank of england, because they did more than the markets were expecting, but remember this is in the middle of a brexit negotiation. Lockdown in london starts today actually, the u. K. As a whole starts today. If you look at futures in the u. S. , european stocks, they are tom, twocompared, yesterday. Liking what they see at the moment, but whatever the outcome of the u. S. Election was, it was pretty much
Bubbles cannot mix unless at work. Tom im speechless. I was just talking to jon ferro, just getting up at the crack of 9 00 a. M. In london, about the uniqueness of it. There are two separate parallel worlds and the United States, where europe and the pandemic is off the radar. Clearly in europe it is unraveling. Francine it is. We are all dealing with the same virus, having the same effect on people, but if you look at germany come it is different on how they decide to do with it, compared to macron, with tighter measures. Now lets get to the bloomberg first word news with ritika gupta. Ritika the chances of Congress Passing a preelection stimulus are all but gone. Treasury secretary Steven Mnuchin is blaming politics. He says democrats dont want to give President Trump something to brag about in his campaign. Democrats say the white house never took the need for another stimulus seriously enough to push for a compromise. Senate democrats are all but powerless to keep Amy Coney Barret