Eamon, its jon fortt by my account its been about a week since the last gasp of real partisan that i saw when mcconnell and mccarthy were talking about the house bill calling it an ideological wish list and what not. I think the lawmakers pretty quickly started getting on the same page and getting too a different posture, but from where you sit at this point, is it clear where there might be any types of divides around what types of measures congress is willing to take . I know that payroll tax cut was on the table for a bit and then off the table, but beyond that, are there areas where democrats and republicans clearly differ at this point . You know, its unclear right now. You saw Chuck Schumer out earlier today and yesterday saying that what democrats want is a real focus on the workers, if theres going to be bailouts we want to make sure the focus here is on labor and the workers, the people who might get hurt and not just bailouts that would benefit executives. I think theres a sp
Silent sam. This is part of an investigation into whether the trump businession falsified records. Israelis are facing the prospect of a third election. The eks vote lead left the main two Political Parties deadlocked, with Prime Minister Benjamin Netanyahu nor his rivals Living Holding a clear path to government. Netanyahus conservative party stands at 31 seats. Canadas elected new democrat leader that a yearbook photo of a 29yearold Justin Trudeau wearing brown face at a 2001 arabian nights Costume Party at the private school where he was a teacher will impact young kids. The photo will show young people that trudeau is mocking there lived reality. It will bring up a lot of pain. It will bring up a lot of hurt. Please reached reach out to your loved ones and people suffering in silence right now. We let them know they are loved you love them for who they are. Mark the scandal comes as trudeau is seeking reelection. Global news, 24 hours a day, on air and at tictoc on twitter, powered
Morning, bloomberg surveillance on bloomberg tv and radio. Your equity markets are highly unchanged. We start in the bond market, twoyear, fiveyear, 10 year, 30 year. Cycle highs. Tom global wall street is focused and quickly nonglobal wall street will get focused. There has been a shift. It could be because of israel or this, that, or the other thing. Statistically we reached a tipping point. Jonathan is this a substitute for further reaction from the Federal Reserve . Lisa you will be speaking today at noon. Yesterday tom barkan said that the problem with allowing the long and to do the work for you is that it moves. Although right now it seems to be moving in a more restrictive place. Im curious. The fact that we had risk off yesterday and at the same time we saw bond yields reach the highest levels going back 16 or 17 years across the curve, what does that tell you about the new haven status about the treasury market . That is going to be an underlying angst. Jonathan the communica
Whats happening with treasury yields a tz you know, the trend has been higher and that continues this morning the 10year is at 4. 63 the 2year while its in the green, its a little bit below where we were yesterday, 4. 94. Still below 5 well take a quick look at Oil Prices Data showing a drop in crude stocks, a positive sign for demand yesterday oil prices were higher, this morning giving back just about 39d . But wti is just below 30 a barrel. Meantime protests arrive ingn campus speaker johnson speaks about it. Meantime late last night columbias president providing an update, saying the school is now in talks with student protesters to clear an encampment on its west lawn. Theres a deadline tonight to dismantle or theyre consider other options to clear the area. The school now says theyre not tolerate discriminating behavior theyll put them through appropriate disciplinary processes. We will see. I know there are a whole bunch of donors watching all of this, waiting to figure out i sp
and investors are keeping an eye on earnings. joining us is lindsey bell what is the quality of earnings this season? it s been a good earnings season we expected a decline of 2%, but we re going to see up side of 1.3% we re about 65% of the way through, but to dovetail a what you just said, the best performing sector really has been technology. when you take into account both sales and earnings, that has been a sector where we have seen 8 po% of companies that have reported so far beat on both top and bottom lines. do you think that earnings is driving the narrative? are we still squarely focused on coronavirus? i think corona is leading the headlines, but i think the undertone that earnings and some of the commit data we got last week has supported up side in this market. plus lindsey, thank you very much let us focus more on the other big stories. as always, we have got full team coverage for you josh lipton is tracking the impact of the coronavirus on apple. and