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The most important issue. The blur of information we are getting, the effect on the markets, the effect on the nations politics, it doesnt matter. The pandemic statistics, the cases, the hospitalizations, and yes, rising death rates are front and center. Jonathan couldnt agree more. The conversation is so familiar to everyone sitting in london, in europe watching this play out. You start at 10 00 p. M. Curfew you start to limit dining. Then what . That is the concern for a lot of people this morning. Tom im going to use the hands up. That has proven so effective on radio worldwide. Think of it like three hockey bucks of death in europe. Inis only one hockey puck the United States. Europe is way out front of this, and i am frightened by the idea we will begin to see the deaths expand. The other thing i am frightened by, lisa takes a day off, and rumor has it she left day bear, and i think shes returned a bull. [laughter] jonathan le ....
Negotiations and what they turn to next. We heard earlier this morning from mr. Jeanclaude juncker that they reached an agreement with the u. K. They will be able to talk trade in the next couple of weeks. We still have the pound fluctuating. Maybe investors were expecting more of an impact. Are at their week where it they had quite a bounce where they had quite a bounce. I am looking at the ftse on the back of that brexit, not much of an impact. That could change. Today we talk markets and Bank Regulations with andrea ocho andrea orcel. Mcewan and with ross we also speak to roland rudd. It is quite fitting that we havent brexit show this friday. Lets get to Bloomberg Business flash. Nejra the u. S. Congress has passed a twoweek the first toisions on decisions on settle some larger issues on spending and legislation. At the same time they will be rushing to finish work ....
If either of these reservoirs were to breach their berms, look what is out there . 3,000 homes and residences out there, all in jeopardy. That is what is threatened at this hour. Already water is going out the spillway, crossing what is route 6 out there. That road out there is route 6. Already water overbreaching that. And headed into those homes. Theyre hoping though, that is as bad as it gets. It is pretty bad. Well show you next hour what that looks like. For now, it holding. They hope it continues to hold. Neil jeff, thank you, very, very much. By the way to jeffs point, it rice it is really not just houston but Hillary Vaughn is here. Hi, hillary. Reporter they got off one of people just rescued. They were waiting since 4 00 a. M. For a response. What did you feel waiting for the rescue crew . Obviously keeping the girls safe. Luckily were in a second story home. We hunkered down there. We wanted older neighbors to get out f ....
Minutes into the trading day in the u. S. Julie things are looking a little bit worse than one hour ago. We have negative buys and stocks are relatively unchanged, but you can see the trajectory going lower. It is more easily seen if you look at the futures so you can see the rolling over that we saw going into the open into the cash trading session we bounced a little cash trading session. And weced a little lower have seen yields had higher. The manufacturing data coming in slightly ahead of estimates and we globally have a little bit of a bounce in yields today as chinese manufacturing data, better than estimated. We have selling of bonds globally. Bloombergp on the shows out dish chose how this is playing out on stocks because groups like utilities and telecoms had relief yesterday as yields went down. Now that yields are backup the stocks are back down. That is what is pulling the stocks overall lower. Some of the individual movers include coach and some of the other luxury makers ....
Lets spend a couple of seconds thinking about the beautifully written speech that president obama said it was an historic speech and it really important one. Tom and some controversy on both sides. Did you see the headline come across the bloomberg from Prime Minister abbe . Many Young Americans died in the war. That is an extraordinary headline to see the president and the Prime Minister with the memorial behind them. This is deeply emotional from my childhood. That is not a church. Although it has bordered on a religious moment. Hiroshima hall, arguably one of the great World Heritage site. Just extraordinary to see this moment. I was caught by the president speaking of a terrible force. We know he will meet with for survivors of that 1945 bombing. Get to the blo ....