this is bloomberg surveillance with tom keene, jonathan ferro, and lisa abramowicz. tom: good morning, everyone. bloomberg surveillance on radio, on television as well. an inauguration tomorrow. it is pardon tuesday, widely presumed from the white house and president trump. we join you on our simulcast to speak about economics, finance and investment. lisa, we must make note that finally, after a world s sojourn out of the 19th-century and lord byron, he is back. jon, you and i talked this weekend as you were getting off the gulfstream, and you talked about what you observed on your travels of people lined up to get back into america. talk about that. jonathan: it is not a secret i ve had some issues over the last several months. i won t go into too much detail. but whilst to this country was drowning in divisive politics and the ugly scenes of the last couple of weeks and the decay of the united states of america, i can tell you that i was outside a u.s. embassy in a l
absolutely extraordinary. thank you for joining us on bloomberg radio and bloomberg television worldwide. what have we got? mcdonald s just out with a dividend increase. ibm with a seismic restructuring. morgan stanley to take out the venerable eaton vance of boston. on and on we go. guess what? none of it matters. someone speaking to maria in two minutes. jonathan: the present will be on fox news. i imagine he will have a reaction to the next debate being virtual. that news out from the commission on presidential debates. tom: i really want to bring up this story, below the fold on the internet sites, but our jennifer jacobs reporting that the head of security for the white house is gravely ill with this horrific virus. really a difficult illness as well. it is amazing how this virus story in the debate last night, commenting ondent this debate. jonathan: the president tweeting, saying that this is not a separable. he is looking forward to doing rallies. he is feeling goods.
americans and ongoing battle of stimulus this morning. heavy haters, wal-mart, home depot and kohl s reporting quarterly earnings, we have all the numbers and impact. let s check numbers, we are looking at a firmer tone, futures indicating a gain at start of trading, about 55 points nasdaq with record close yesterday adding to it this morning with another gain of 35 points. s&p 500 ending the day yesterday less than 5 points away from a new record high close when the dow was down 86 but the nasdaq was up 110, the race to acquire tiktok, stock is surging this morning after reportedly throwing its hat to the ring and what it means to microsoft and ongoing battle this morning. oracle shares up 2 and a half percent. men being told not to have one alcoholic drink a day. what s behind the warning? mornings with maria is live right now. ftse 100 up 11, cac quarante up 17 and dax index in germany higher by 66 points. european central bank president warning banks aren t likely to
well. international relations and politics, we haven t talked enough about the markets today. a risk on feel. is the so interesting idea of finally, a shift away from the factor of technology toward the factor of small-cap, the factor of something else besides that point amazon. jonathan: for a whole two days besides apple and amazon. jonathan: for a whole two days as well. s&p, days of gains on the within 1% of all-time highs. i wonder if that is one of the whys that they can t get it together down in washington because this market is giving them very little pressure to get some thing done. tom: certainly come a president trump is hardwired to the market. lisa, you mentioned earlier the idea of a high-yield bond under 3%. do you detect a bubble in bonds, or is it simply a reaction of outcome from all of the stimulus and fed action? lisa: i am not going to say it is a fed bubble. i have other people that will come on and weigh in on that. but when do relative returns stop m
bloomberg television and bloomberg radio. morning across this nation. all of you working at home, and good morning around the world, particularly in liver, great written great britain in liverpool, great britain. i want to get to the pandemic in a moment, but in francine lacqua conversation, i don t know if they brought of negative rates. do you see negative rates in the united kingdom? jonathan: if they couldn t negative interest rates, it will be up to the bank, not rishi sunak. and i hope it does not happen. some policymakers have flirted with the idea over the last liverpool,ks area on saymichele texted me to he s very happy that his dear livable that his dear liverpool are now the champions in the merely. cash in the premier league. tom: that gets us to the story of the moment, which is the pandemic area i was fascinated by the images in the telegraph in the times. explain to us the oddity of seeing absolutely packed beaches in the united kingdom, much like what w