We welcome all of you to an onraordinary friday morning Bloomberg Radio and Bloomberg Television. It is jobs day. We will look at the state of this pandemic economy at 8 30. But we will also begin to see substantial count and returns from these key states of georgia and pennsylvania. Jonathan really tight races in places like georgia and nevada, tightening in arizona and pennsylvania. That is the focus for market participants. I would go one step further. Also a focus on the senate. A reporter a little while ago said it wouldnt be a blue wave, it would be a blue mist if we got a 5050 in the senate with a Biden White House. That would really change the story. Then youve got to reshape the narrative of the past couple of days that have been driving this market. Tom we will get to the data here as we move along. Futures, 38. The dollar a little bit weaker. Gold up 50 over the last number of days. Michael holland scheduled to be with us on the market. I am still trying to find an entry poi
White house in the east room. With 400 of his closest friends. Thanks to mary a parker. Emily wilkins is covering the biden campaign. Emily the Vice President began his day in delaware. He visited the grave of his son beau biden. He said his sons passing was part of the reason he decided to launch this third for president. He visited scranton pennsylvania and is now just leaving philadelphia. We are expecting him on the stage in wilmington, delaware. We do not know whether we will be able to have a president ial announcement at that point, but we are expecting joe biden to address the nation. David Emily Wilkins will be with us throughout the evening as well as she covers the Vice President s campaign. The markets have been watching the election closely. We turned to Abigail Doolittle for what they are telling us today. What are they saying. Abigail we have investors interested in stocks. A very big rally on our hands. The s p 500 up 2 , its best day since june. Investors wanting in. I
So sure, you have to address it. Frankly, there are probably more people watching the Weather Channel tonight than watching the convention. David dont say that, rick, thats a little cold. The president ordered the National Guard, more National Guard today, and now the nba is suspending games and some major league suspended, too. Absolutely, and im curious to see how the campaign decides to address this tonight. And of course the Vice President is going to be speaking on law and order, and its going to be interesting to see how they thread this needle. Donald trump has been very critical of people kneeling for the pledge of allegiance. Needle,hey thread this and they want to keep the country safe, which is the argument they are going to make, and they want to be sensitive to people who are dealing with the scourge of Police Violence against africanamericans. And i need to correct myself, i said mr. Blake was dead, and hes not dead. He was paralyzed but he is in the hospital. Our best wi
With reaction from wildfire victims. Attorneys. Cal fire releasing the cause almost 9 months later in a tyranny for the kincaid wildfire victims says he is not surprised about the cause we knew a year ago. That it was pg es equipment has started the fire. We knew that just like the campfire it was a jumper cable that failed came loose from apg knees i will the transmission line speaking to us shortly after cal fire released the cause of the kincade fire in Sonoma County blaming pg any wildfire victims attorney mike danko says the victims want answers. The victim certainly want to know is why. Theyll ypg not turn off the power. Why is why did we basically get in the situation in pg need learned nothing. The fire broke out the night of 10 23 2019 it burned more than 77 acres almost 400 structures destroyed 4 people hurt police bar on how to watch the flames go up near his geyserville home what he heard at the time of the fire. Theyre looking at. All they have by and they have that was th
City is agreeing to pay out the families of 32 of the victims and one man who survived that fire. 23. 5 million will go specifically to the families of the fire victims who died and 9. 2 Million Dollars for sam maxwell who barely made it out alive, but now has to live with that awful memory and permanent injuries as well as a medical expenses despite the payout oakland city leaders do not agree that the city is liable for the tragic loss that she marry alexander represents the families of some victims and instead said that more could have been done to prevent that deadly fire. Im sorry usually see warm summer months, not the defendant does not liability. But we feel that we proved our case against the city that they knew what they were police know that were in there and saw the People Living there. And one policeman said that when they saw party going on so we dont have a way to put it in one batch. As Police Report nothing was done. The firemen went to a party there. And so the. Turne