Shut down. Now at 11 and streaming on cbsn bay area, a live look at San Francisco where in just 24 hours, the city will shut down for weeks. Good evening. San francisco county joined santa clara, and contra costa counties, as the first to shut down followed by alameda on monday and marin on tuesday. It comes as california sees more than 25,000 new cases reported today, pushing the states total to more than 1. 3 million. Nearly 10,000 patients are being treated and hospitals right now. Almost a quarter of those are in intensive care. That he was in San Francisco where businesses are bracing for the next round of shutdowns and restrictions hitting in less than 24 hours. Reporter restaurants, for example, have to shut down Outdoor Dining and they can only rely on takeout and delivery services. Many businesses say that they were just getting by so this next shutdown will be especially tough for them. It was a full house at in the financial district on its last night of Dinner Service come
New zealand going to issue 60 billion kiwi with Government Bonds between now and next year saying the net debt will rise. That will be in 2023. That is coming out of wellington. Looking at what is happening we have got the australian markets on the way. Of huge ball in the number people out of work but the Unemployment Rate better than expected, down to the dissipation rate their, falling quite drastically as well. That is where we have it. China 10 year bond. We have got yields going back as the price goes up. Risk off sentiment, facing unprecedented threats from the coronavirus and monetary and fiscal policy makers must rise to the challenge. Jay powell pushback talk of negative rates. Is an unsettled area i would call it. There are fans of the policy, but for now it is not something considering. We have a good toolkit. That is the one we will be using. Haslinda joining us from new york is nicole webb from weld enhancement group. So the fed saying not likely to go negative, but it is
I want to start off by sort of taking the temperature here. I want you to listen to what the former twitter ceo had to say. Frothy. Word association. Late stage private valuations are quite high. Its just too crazy right now. Its got all the sort of hall marks of that 20002001 where you are like this is getting it feels like that with just the prices youre seeing being paid for things that dont even feel like they are really working at scale yet. Those were interesting comments yesterday. Do you dproagree . Its a good place to start to not disagree with dick when it comes to perspective on Silicon Valley. However, i would say comparing it to 2000 and 2001, we are under two on the ten year. Multiples are an inverse of that. I look at it. Our Gross Software index is off 30 from the highs. Certainly, we can point to examples. Were going to talk about them today of late stage private valuations that are high. We have a tremendous amount of capital. But i would say as a general matter, i do
Among those penalized for supporting the missile program. Meanwhile, iran is retaliating with sanctions of its own. They say they will respond in kind to the treasury sanctions and have a list of u. S. Companies they say support regional terrorist groups. A judge refused a request from a his attorney. Global news 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. This is bloomberg. Caroline i am caroline hyde, this is bloomberg technology. The Resistance Continues as tech closes ranks. Americas ability to recruit top talent from overseas, our panel debates. Two days before the biggest oneday sporting event in the u. S. , the world of daily Fantasy Sports is hoping to score a touchdown. The ceo of draftking gives us his take. Snap reveals its complex relationship with google. We will break it down. First to our lead, employers jobs in january, the biggest gain in several months. Reports that President Trumps next executive order relates to imm
Netflix, alphabet. All this happening as soft economic continues to pour in. Could Growth Stocks be your best bet right now . Guy . I dont know if Growth Stocks are your best bet. Let eat taos about these four names now. Across the board, weve all liked facebook, but weve been unanimous on our love. Dan shaking his head no and hell tell you its a little too rich on valuation. But i think the world wily find ourselves in currently lends itself to facebook. Number one is facebook. Netflix, downgraded the name. Another says the original con is underappreciated. Last time the stock report ed, t cratered, but held 95. Its traded well since. I think net flick felix has some well. Google, not sold on it either way and amazon again is ridiculously valued, but you cant argue with the price. Netflix is the only stock in there that doesnt have a motor. For now, the very high, top of the valuation bb absurd. I think were out of place here, seeing saturation in the core market. Seeing International