Operations as the pandemic wreaks havoc on its business model. Good morning, this is bloomberg surveillance. I am Francine Lacqua in london. Lets get to the headlines. Expectations of a 6 slump in the Global Economy, but a caveat hang if there is a second wave, which some economists are expecting, it would be a 7. 6 slump. The oecd is explaining what will happen if the economies stay open and there is a second wave and second lockdown. In theetween 6 slump Global Economy and 7. 6 if there is a second wave. The markets are focusing on the rally in a couple days ago. It is about the fed and what they will do today. Investors are waiting for the decision on monetary policy. Treasuries edging lower and crude oil retreating. Lets get to the first word news in london with any murder. Dani the World Health Organization is walking back its comment on the asymptomatic spread of coronavirus, a day it was very rare, it says it is unclear. The head of the unit says previous projections were a misu
intensifies his nuclear rhetoric amid a faltering military campaign in ukraine. the biden administration says it has told russia privately exactly what the consequences would be for using a nuclear weapon. we ll have the very latest on that. plus, a head turning new revelation concerning the attack on the capitol. what a former adviser to the january 6th committee says about a phone call between the trump white house and a rioter while the attack was underway. also this morning, tropical storm ian has just strengthened into a category 1 hurricane as it continues its track toward cuba and florida. we re watching that. and it is just six weeks until voters decide the balance of power in congress. we ll tell you where things stand this morning and what s in play. good morning and welcome to morning joe, it s monday, september 26th. we begin with the new polling from the new york times that shows 54% believe donald trump threatened american democracy when he left office. 51
It is the end of the quarter. Thursday, i am ahead of myself. It is job state. This is what the markets are looking like. We had a bit of a reversal. European stocks down to 1. 1 . Asian stocks still higher but on the day a little bit lower. You can see crude, 38. 8. That is putting a lot of pressure coming from the Mining Sector at eurodollar, the week in terms of dollar weakness. I want to show you copper because it is down a touch. We are getting some breaking news. Chinese data, lets get straight to bloomberg first word news with nejra cehic. Nejra britain might vote to leave the union to help keep Consumer Confidence at the lower level lowest level in more than a year. A gauge of expectation for the Economic Situation over the next year was at 12, down 18 points from year ago. Blackrock is planning to cut 400 jobs in what may be the biggest round of layoffs today at the Worlds Largest money manager. 2 duction are equal to 23 . To the percent. 3 . E are expected to to donald trump
Approach california and what youll notice is it is hitting completely vertically. We are not talking about a horizontal component and what happens when we have a storm that hits the bay area coast like this, its going to kick up a lot, and i mean a lot, of wind. All that sheer force, all that wind moving in at once, coupled with heavy rainfall. Im going to give you an idea of the timing, but you have to consider this is not only packing heavy rain, but gusty wind. Typically you get one or the other here in the bay area and that is why we are on high alert. The entire bay area, a Flash Flood Warning that goes into effect tonight through thursday night, but i can tell you the heavy rainfall isnt going to impact the greater bay area until we get into tomorrow afternoon. Before the rain, the wind will move in. Were talking about a wind warning that starts tonight at 10 00 and lasts until 10 00 p. M. On thursday. In addition to that, we have a blizzard warning. This is in place for elevatio
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