[reading names] reading names] [bell ringing] [reading names] the reading of the names this year. An audio recording with the names of those who died in 2001 with families in the plaza area. Also two moments of silence to observe the fall of the south tower in new york city anticrash of United Airlines flight 93 in shanksville, pennsylvania. A different memorial. We are looking to that final moment of silence on the north tower fell in about 20 minutes time. We do want to give you an update whats making headlines outside the Business World and over the rest of the world. For that we want to give you bloombergs first word news. Thanks, President Trump and joe biden will mark the 19th anniversary of the 9 11 attacks in the same place but not at the same time. The president intends a Memorial Service in shanksville, pennsylvania, for one of the high jacked planes crashed. Biden will go to shanks bill but not until later in the day. Pennsylvania is one of the battleground states. Poll show
Banks in europe are having a pretty solid day as well. The frank for motor show is underway. The pound catching a little bit of a bid today. Basically, what is happening in the stock market, weve got like volume. We are seeing a rotation. Banks and autos doing well. The cyclicals are doing well. Defensive bond proxy type names not doing so well today. Vonnie we have a treat now because we are sticking with markets and the economy. Investors ought to be keeping a close eye on a series of moves from world Central Banks as recession concerns in the u. S. Grow. Lots of metrics pointing to a potential slow down. We are joined by ed hyman, evercore isi chairman, a top economist for almost 40 years now. One of the things you do that is so amazing is you have a whole series of your own indicators. You survey all sorts of industries out there privately that dont get surveyed by the government. What are you seeing from those surveys right now . Ed in general, they are pretty good, although i hav
basis points in the u.s.. 1.59% is how we print on the 10 year. time now for global exchange. we will bring you today s market moving news from around the world. our bloomberg voices are on the ground with this morning s top stories. in china, cases of coronavirus are soaring overnight, jumping by almost 15,000 after the epicenter of the outbreak revised its method for counting infections. joining us from hong kong is rishaad salamat. walk through what we learned. rishaad: we ve got 60,000 cases the 254 person death count extra now. what we have is a situation where we had this huge revision taking place, and then a few hours later, the top bosses in hubei province were replaced. the party secretary replaced by the mayor of shanghai. not just that, but also here in hong kong, we have the macau and hong kong affairs department boss also replaced. it is being seen by some as a bit of a reset. people look to what is going on, and are questioning whether the veracity of the data