Within the perfect Indian Summer of new york, we see a nation counting every vote. Is 2. 5 . Within the counting of votes is the new slow bouncing off of this political moment. Ive got eight ways to go in this opening, and i am going to go jon ferro where you have been, which is the renminbi just moving to new strengths moments ago. Jonathan dollar weakness has got to be the story. We talked about this through the morning. The counting continues. This race is too close to call. This market, the event they are anticipating is a Joe Biden White house, and what that means for the economy and these currencies. They are assuming it will mean a weaker dollar, and that is what youve got on the screen, not just against the chinese currency. It is broadbased through the whole of g10. Tom the emotion in the United Kingdom, i saw the five letter word march and my heart skipped a beat. What are the ramifications of extending a locked three additional months . Jonathan i know very few people who th
See in oil or gold. Maybe things arent all that bad in the underlying real economy, particularly when it comes to china. Coming up later in the hour, we l look at out the china look at the fallout of chinau. S. Tensions. Adc drama is intensifying. Avestors weighing contentious battle over the now Vacant Supreme Court seat. We want to bring in chief austin correspondent Kevin Cirilli for more. What do investors need to watch chief washington correspondent vin cirilli for more chief washington correspondent Kevin Cirilli for more. What do investors need to watch for . Kevin this is going to take up all of the oxygen in the room before the election. Things like fiscal stimulus, continuing resolutions, other potential nonpartisan issues to likely get across the finish line before the end the month, all of the focus instead is going to be on the Supreme Court battle. Judge amyont runners, coney barrett, as well as barbara le goa barbara lagoa. He says he wants to pick within the next couple
What is so interesting is where central bankers will be. Mark carney, the governor of the bank of england, it is just out across the bloomberg that he has finally landed. I thought he would be running the toronto maple leafs, but he will join the venerable brookfield of toronto. This is one of the Sterling Companies of canada, 100,000 strong. Esg. E will go all lisa hes going to be leading the environmental and social governance Investment Strategy at brookfield, which is eventually expected to rival the size of its real a structure businesses. The question is, what does this mean . Tom this has clearly been one of the leading efforts of the former governor of the bank of england. Our Francine Lacqua numerous times in interviews on esg as he led the bank of england, i would say more than any other central bank. Maybe i would get a hat tip to the bundesbank as well, but clearly leading on esg. I heard him speak on this at davos as well. This is to me a very natural outcome to see him jo
September. What is interesting, with the this on the screen, unconventional transaction of tesla. Additional 5an billion of shares geared toward perhaps the nonmainstream, the nonwall street crowd. Tesla is interesting because people using bubble with stocks. 2 tesla. Tom a recent secondary, even with moonshot on the markets. This will not be publicly offered. It will be Equity Distribution and distributed by banks as tesla chooses. Somewhat akin to what we saw with lesser successes. Here,l be widely studied the why of this transaction as well as the need for 5 million they are looking for. Here andarkably up big still elevated from where they were. What else are you looking at . Ina the story today markets, aside from tesla, is the dollar and the question of whether people are going to say this is the end of dollar supremacy or if this is just an indication of the low yield, the negative real yield and this idea of global trade. It is the two sides of the story. Tom not only yields do
Bloomberg television. We welcome all of you. Lisa abramowicz and i in new york and mr. Ferro in london. Jobs report tomorrow. We are going to do a spacex launch supposedly in 45 minutes. You know what i need from you . I missed you so much. I need a tots update. They are dealing at tottenham, no question about it come with what is going on. Have they finally lifted themselves into the final four . The big clubs, but weve experiment within the United Kingdom is having the fans back, just a few, and trying to work out what capacity we can push that story. Maybe as the League Starts again in the next couple of weeks, hopefully we can build on it through the season. Tom i will say this, and im not kidding, nobody has done it better thans the premier league. The jobs report is a grim number. Jonathan and it speaks to the economic pain. Perspective really matters, and that is what i got to weeks off. You saw more layoffs coming from cardirlines, some Credit Companies putting limits on Consum