Radio. Alongside lisa abramowicz, im jonathan ferro. Tom keene will be back with us on wednesday. Erasing the mornings losses. Monday morning, we are faced with vaccine news. Some other news as well. We are pushing things forward every monday, it seems. Lisa although it seems like the market didnt respond so much to that news. There seems to be a lot of positivity baked in. So my people who came on this show were saying if there is any pullback, which there were likely be which there will. Ikely be, buy that dip that seems to be the feeling as we bleed higher towards the end of the year. Jonathan this morning, but theyre not out this morning, requestplanning to approval for this vaccine. What we have to think about is what would the anchor expectations on the policy side and on the data side. Later this week, the chiasm claims, payrolls the ism claims, payrolls. Do people start to get worried about the nearterm future . We hear from secretary mnuchin and chair powell this week. A bit o
Tom good morning, everyone. Bloomberg surveillance. And keep her being with us on Bloomberg Radio and bloomberg television. Thisan important our is an important hour. Will join us later, carmen and Vincent Reinhart. Morning,at we see this the only thing that matters. Dollar out to new weakness. Jonathan dxy taking out the lows of early september. That is the dollar index, heavily weighted towards this goal currency. The eurodollar nicely through 1. 19. Another monday with a cyclical tilt. Small caps outperform big tech, largely off of some positive vaccine news. Haddownside surprises weve in the Economic Data over the last week, we need to Pay Attention to that. Im excited to hear what david has to say about that. Tom lets frame that right now. I look at the 55year forwards. The answer is ive got disinflation in the united kingdom, a little bit of a rolling over of disinflation trend in the united states, and is some noland right now. Kind of the wrong upside surprise. That is the labo
Europe, as you can see, down by 0. 2 . Not getting back ground within the markets. The oil sector has done very well of late. The Banking Sector has done very well of late. Just beginning to fade down today. The s p is down by 0. 3 percent, but it is a similar story. This value cyclical story, the rotation that has pushed money into those spaces, just fading a little bit. We are going into the ,hanksgiving Holiday Weekend basically four days youve got to hold these positions for, and i think a lot of people have decided they just dont want to do that. Eurodollar going a little lower in the last 10 minutes or so, basically back to flat. As the push higher has started to gain attention, there has been some concern that this is going to become an issue. Ive yet to hear it, but watch out for that story. Brent crude, 48. 16. Brent is still higher despite some profittaking elsewhere. I would have thought the best way of describing it, muted markets not getting back much ground, and certainly
Time zones, 202 7488000. If you are in the mountain or pacific time zones, 202 7488001, and you can also send us a text this morning, 202 7488003. If you do, please include your name and where you are from. Catch up with us on social media. N twitter, facebook good sunday morning. You can start calling in now as we have a civil discussion about civility in politics. Having this discussion in a week that saw another residential battlescongressional over coronavirus really funding, and it also saw this, a series of Public Service announcements released by the candidates for governor in utah. Here is one headline, the straight noting that two candidates, the lieutenant governor, and his democratic opponent, appear together in a Public Service announcement on tuesday promoting civility in politics saying you talk and set an example for the rest of the country. Here is one of those announcements released by the candidates. We are currently in the final days of campaigning against each other
Org, or listen. Ceo of the American Psychological association. We know we are feeling more stress and the apa is trying to qualify the scope of the problem. Dr. Evans our stress in America Survey tries to measure the stress level of the nation to understand what the sources of those stresses are, what coping strategies people are employing, and really to draw attention to the fact that stress is highly related to physical and Mental Health challenges we face. Thatwe are seeing now is stress related to the pandemic is very high in the United States. Almost 80 of americans are reporting significant stress related to the pandemic. The stressors of that people have already been reporting precovid and in addition to that there are unique characteristics of this pandemic that are adding more stress to what americans are experiencing. Many americans are experiencing more economic stresses because of the loss of a job or a closing of a business. Concernsme significant about Racial Justice and