Thrilled you are with us, the simulcast, Bloomberg Radio coasttocoast, and good morning on bloomberg television. The new york city Christmas Tree lighting tonight at rockefeller center. All of the worry we have talked about of this pandemic, death set a record level in the United States come breaking the april 29 level as well. Jon, the markets speak. Moments ago, euro out to new recent record strength. Jonathan a record high in the equity market, the unwelcome record of the pandemic. 1. 21 53 on eurodollar. Once again, it is broadbased dollar weakness. You just wonder how uncovered it will this will make the ecb and how comfortable the move in eurochina will actually keep them. I think that is key, what happens broadbased for euro against other currencies. The im looking at bloomberg terminal here. You can see that on Bloomberg Radio right now. Renminbi comes down as well, with an abrupt move. At all correlates together, and then theres this zombie, the gloom of the bond market. How d
Our storm ranger scanning the skies. Meteorologist kari hall timing out the wet weather as today in the bay on Tuesday Morning starts right now. Good morning and thank you for joining us. Im laura garcia. And im marcus washington. First well start with the forecast for you. Meteorologist kari hall tracking that rain. Has it already started to fall here . Not yet but we will see it the rest of the day moving north to south. We can still see the rain approaching the far northwestern california coast and were going to see that moving in as we go into today. As we power up storm ranger it is starting to pick up on some very light sprinkles but the heavier stuff comes this morning. Ill time it out in a few minutes. Mike, any issues for the Early Morning commute . No major issues but one in martinez. Lets look at the big view. You see green. That will put you at ease. A major connector coming off the carquinez bridge area. Theres glass on the roadway. There is glass from what, i dont know. T
Electoral joe bidens win is confirmed by the electoral college, but he hints he may never concede. Good morning, everyone. Welcome to bloomberg surveillance. I am Francine Lacqua here in london. It is the day after an american holiday, which saw a lot of markets closed. Cash equities open in the u. S. Because of thanksgiving. This is what i am looking at overall in the markets. Quite a lot of movement is on the portuguese 10year yield. Markets are speculating when it could go into negative territory. Today, the overall mood is a bit of caution out there. Investors, secondary valuations following a rise in equities this month but also enduring pandemic and parts of europe, oil retreating, with rising tensions within opecplus members. We will have plenty of more on that throughout the show. The stock market has a rotation into cyclical and value, by the promising vaccine, or could we see farther moves . For more on this, lets get straight to our dani burger with a look at the markets. Hi
Take a hit. The covid consumer, walmart, home depot and kohls among retailers reporting earnings today. Walmart says ecommerce sales up 79 . And elon musks billions, tesla getting a spot in the s p 500. It is among the highest valued companies to ever enter the benchmark index and musk is on top to become number three, that is the third richest person in the world. Indeed, guys. Well start with the retail picture this morning, jim, youve been vocal as to the investor response on home depot and walmart. I guess thats related to the news out of amazon. Look, by the way, those stocks do tend to run up in the quarter and sell off thats nothing new a more aggressive amazon is always something we have to Pay Attention to i remember when amazon bought pill packs, the drug stores got killed i also point out that walmarts online david, thats not going to go away you can argue someone is going to argue thats the peak i would argue that amazon and walmart have taken so much share in this country,
Over the counting of mailin ballots continues. The Supreme Court is allowing pennsylvania and North Carolina for now to count ballots received after election day, but the high court could still hear the pennsylvania case after the election and it could decide who wins the presidey. Nc we will speak to mother jones ari berman. Then we look at big techs role in the election as Senate Republicans accuse social Media Companies of favoring democrats. But is that true . If anything,e see ma sorts of thnology platforms throughout the past four years supporting the trump agenda and a conservative agenda. Millions plunged into pandemic poverty, the senate has adjourned before passing another stimulus bill. We will look at the spike in hunger across United States. These families are basically living like on a ticking time bomb when this starts up again, how theyre going to pay their rent. Amy all that and more, coming up. Welcome to democracy now , democracynow. Org, the quarantine report. Im am