Sockof course is momentum that of course is the momentum behind this rally. Rally seems to be fading, and another interesting piece, we have the Canadian Dollar soaring against the u. S. Dollar with the oil rally. You were mentioning that everything is rallying, and that is true too for bonds. The two year yield carving out a record low and that tells you that bonds are rallying in a big way. While stocks are rallying you have investors going towards the bonds, suggesting they have their eye on the economic picture. The jobs data and nonforeign payrolls coming out tomorrow which will be devastating, not just from an economic standpoint, that from a human standpoint. The question is will we see more of a connection between stocks and the Economic Data or not . Or will we have investors look past the data towards the liquidity that the fed has been providing . Certainly a risk on day. David that is what they have been doing so far. Few mckee got to talk a minutes ago with mary daly, the
Them if they scream. This ishe to shoot us. They ask again, where is the Million Dollars . For the final time he tells them, there is in no Million Dollars. Heinous crime. Now the plot thickens. Who is Hossein Nayeri . Take a seat. This is the only interview of Hossein Nayeri. I can feel him trying to manipulate me. Theres a lot of stuff you guys dont have a clue about. This is the only criminal whos filmed his escape from jail. Hes going kill me. Theres no doubt in my mind. Like, im dead. This is the middle of the Mojave Desert at sunrise. Its cold and dark and theres literally no one around for miles. A human body lies in the midst of this nothingness. His hands are bounded behind his back. His legs are bound together. Hes not moving. Hes bloody. The question is, what happened here . What happened indeed. Now, aye spent years covering what has to be one of the most incredible stories ive ever heard about. And it all began in Newport Beach, california. Newport beach is a beach communi
West african nation for more than 50 years. Thousands of people are being screened in towns and cities locked down in several countries as the world races to contain the corona Virus Outbreak thats killed more than 2300. 00 People Health officials are now worried that they cant trace the origins of hotspots appearing around the globe the infection rate is slowing down in Mainland China where the outbreak began more than 76000. 00 cases have been reported but numbers a surging elsewhere at least 5 people have died in iran which now has a total of 28. 00 cases some pharmacies theyre running out of mosques and Hand Sanitizer in europe a dozen northern italian towns are effectively in lockdown after 2 people died and at least 58 were infected many of whom who had no direct link to china and south korea has recorded an 8 fold jump in cases in just 4 days with 433 infections most of them linked to a church and a hospital at least 3 people have died bribe reports from the city of daegu. The s
For goldman. There is the idea that goldman got out of the uber stake when the period expired. Target, it is down 7 . A big dragon the s p 500. The holiday sales were not as good as anticipated. Guy absolutely. Missing the target. In europe, we are off on lows and negative territories when it comes to stocks. The cables rate is positive despite stunningly weak inflation data and more evidence in the bank of england we are likely to see an imminent rate cut. The ruble story is getting more interesting. We have seen the resignation of the goldmans today. It looks like we will see a referendum in russia that could save the presidency of president boudin beyond 2024 president 2020 four. D that has political implications, but i think it is still being assessed. In half an hour we are going to see the United States and China Signing the phase one trade deal. It will leave significant tariffs in place, but for the first time will punish beijing if it fails to deliver on key pledges. Spoke abo
You are seeing the 10year yield around 2 . We will have plenty more on that and we had now to to the aspen festival and colorado where Michael Mckee is speaking exclusively with Federal Reserve bank of San Francisco president mary daly. Michael thank you. We do welcome mary daly to our live broadcast on Bloomberg Television worldwide from aspen. It is a nice place to be. Indeed. Market has priced more than a100 percent chance of a fed rate cut. Can you ignore that, can you ignore what the market is telling you . The markets are trying to figure out what the reaction function of the fed is and i think on the heels of the press conference, we had a good indication and i agree that we had six weeks of data that looks different than may. We had softer readings on jobstion, i one softer report and headwinds blowing our way. In a look for the next six weeks of data and seeing if that six weeks was transitory or if it really sticks is where i am. I think the markets are trying to figure that