Absolutely. Well get to that because we have a jam packed mix for you. We begin with President Trump hitting the road again after claiming he is no longer infected with covid19. The election is just three weeks away. Today georgia becomes the latest state to open up early voting. The president is determined to make up for lost ground. Hes holding four rallies in four days, starting tonight in florida and hes clashing with dr. Anthony fauci over a new ad. Reporter this morning President Trump preparing to return to the campaign trail just days after leaving the hospital. Ive been tested totally negative. Reporter kicking off a jam packed week of back to back rallies after his doctor announced the president is no longer at risk of spreading covid. During a call with supporters sunday, the president claimed hes not only covid free but immune to the virus. It looks like im immune for, i dont know, maybe a long time or maybe a short time. It could be a lifetime. Nobody really knows, but im
Plus, dangerous joyride. A wild chase after an 11yearold steals a bus. How it all ended. The shopping battle brewing online hours before amazon prime day. How you can benefit. And king james reigns supreme. This historic 2020 nba championship belongs to the los angeles lakers. Lebron leading the way as the lakers take home their 17th world title. What made this one so different. Good morning, everyone. Im mona kosar abdi. And im will the campaiiloda. His rsal docr ys the president is no longer at risk of spreading covid1 it all comes as dr. Anthony fauci accuses the Trump Campaign of taking his words out of context during a new ad where fauci is heard praising the president. President trump set to return to the campaign trail just days after leaving the hospital. Looks like im immune for i dont know, maybe a long time. Could be a short time. Could be a lifetime. Nobody knows. Im immune. Reporter kicking off a jampacked week of back to back rallies after his doctor said the president is
Investors wanting to make sure. It is a shortened week so some traders might be taking off after all of the action earlier this year. David it has been exhausting for traders. He mentioned we had the best quarter last year. You mentioned. That might not be good news because i saw a note from you that said historic as we go back to big shift in the market and there is a recast in the bottom. Recast sixere was a or seven months after the 1929 low. A similar situation in the mid1970s. In 2000 there were several that went lower. 1987, the longterm is as of 2008. All of history does suggest that there is some sort of a significant testing of the s p 500 lows. There are also some options that i talk about saying that there are signs of that coming. When that may come is unclear. Investors are going with the fed and central bank liquidity. Unless there is a systemic shock that undoes what the fed has been able to emblem it and support markets implement, it seems that stocks could go higher. H
Part of that down to the uae and kuwait deciding to cut production. Haslinda chinas factory gate prices fell while consumer inflation eased, pointing to weak domestic demand. Bloomberg markets coanchor Tom Mackenzie joins us from beijing. Take us through the key takeaways. Thatthe top line is Producer Prices fell more than expected. 3. 1 compared to a drop of 1. 5 in march. That does suggest weaker Commodity Prices. Going forward, Bloomberg Intelligence expects that deflationary picture to continue given that the economy will remain under pressure and we have pretty weak demand. That raises questions about the possibility of these corporates and their ability to pay down debt. Consumer prices rose 3. 3 . Poor crisis continue to rise at a slower pace. Pointing to a weaker demand picture. It is going to reinforce the case for a more certain policy support. Moderating,pi is the other question is whether this starts to spread internationally as well. They are saying there couldnt be a wors
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