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Stocks really at their highest level since march. Kevin p, its maizing that this market sometimes you wonder whether the market has a pulse that it has this abilities to overlook all of these pulling at us and what were witnessing in our cities. Were in a very troubled time i get it however, every day the world votes, every day individuals make multimillion dollar and one dollar decisions one cent at a time and where do they vote for optimism in the future america. Thats why the markets are doing what they are doing. Its seeing through this the market knows we will solve this problem as we always have and move forward is that what this is about . An abilities to make a big bet on america and our future regardless of what is right in front of us at this very moment . That is pulling at us emotionally. Were able to look past all of that and thats why money continues to come into the stock market you can have any number of reasons to say this market should not be where it is yet we find o ....
Watching for wild swings right here 10 year yields 0. 7 and thats pretty stable compared to where we were two days ago i checked that, whats the problem with the markets but theres a lot going on breaking overnight, this should have been somewhat helpful you would think. Bank of england announced emergency cut. Lowering the bank rate by 50 basis points to. 25 englands central bank also announced a new funding plan to support small and Medium Sized Companies as well as new steps to help commercial banks lend more well get a live report from london in just a couple of moments. Now an update onthe coronavirus. In the u. S. , confirmed cases have now topped 1,000. Want to get to meg now who joins us with the latest meg. Good morning, andrew, case counts drived to 119,000 overnight with almost 4,300 deaths among the hardest hit countries, italy, iran, and south korea and they tell dramatically different stories. Italy reported ....
Swedishs central bank is egative territory. Possible for us to go to zero. This episode is over. The house takes a historic vote to impeach President Trump. Karl 2 is adopted. This is an incredibly divided time in congress. As 2019 comes to a close, investors share a perspective on the state of the global economy. The growth trend is in place for 2020. You really do have too much money piled into yielding assets. I think what were doing is borrowing from the future and will end badly. Its all straight ahead on bloombergs best. Hello and welcome. This is bloomberg best. Interviews and analogies around the world. Lets start with a day by day look at the top headlines. Investors began the week in a risk on mood thanks to a dose of positive news on the trade front. The u. S. And china reaching the must anticipated phase one of the trade deal. The two sides expected to release the full agreement in early january. The deal involve as r ....
Doubling the amount of money it has set aside this year. And this is how european markets have started their day. Well dive into these numbers in the next few minutes. And well be getting the inside track on excercising at home do you really need to go out to the gym, when you can do it all from the comfort of home . Theres an app for that. Today we want to know do really you need to spend pounds or dollars or euros to shed pounds at the gym . Is a run around or lifting weights at home better and cheaper . Let us know just use the hashtag bbcbizlive hello and welcome. Thanks forjoining us on business live. We start with the cost of borrowing because the worlds most powerful central bank the Us Federal Reserve has cut Interest Rates for the First Time Since the financial crisis more than a decade ago. Time since the ....
Season. Can the results wipe out all the negatives that seem to be hanging over the markets. The answer today seems to be yes. Lululemon shares jumping on news that the stock would be added to the s p 500 taking the place of activision blizzard. A lot of action in bitcoin. Around 28,000 right now. 4. 5 pop. Hopes are rising not just for the approval of one but perhaps for several spot bitcoin etfs. And lets get right to this big market gain and what is driving the marketsby zansan bi. And what is important for most of the day, yields have been higher. It is not affecting stock prices. This is a very encouraging trend. Weve been waiting for this for a long time. The s p 500 believe it or not, were in a bit of an up trend. I dont want to make too much of it, but were at the top end of the recent one month trading range that weve seen. So the 50 Day Moving Average is 5402. Dow strong as well. Weve had strength with united health, ....