Nation, and Bloomberg Television as well. I love how we end our opening withistopher Christopher Verrone of strategas. A lot of people rationalizing where we are and beginning to rationalize outcome a way utes come on down 30,000 where we are and beginning to rationalize out, wait a minute 30,000. Jonathan lets be clear about something, they have been bullish and right through most of the last eight months. Most hatedlked about bull market, but this recovery has been underappreciated. I have sat here many times waiting for it to fade. It hasnt. But i think now things have changed. Restrictions are back. It is our closing indoor dining. The letdowns wont be the same as early spring, but the restrictions are there for all to see. The question is how much of this do you tolerate. ,om what is just as important moments ago at Deutsche Bank on the fact of a weaker dollar. How weak is weak . What do you see was in the literature . Jonathan if you are ecb president Christine Lagarde, too weak
Has had with lawmakers this week. This is what he said in the last hour. We cant do too much here. We can do too little. We can do too little and sputter. The end result is, its not just a Macro Economic impact on the economy and our ability to compete internationally. Its peoples lives. Real live people are hurting. We can fix it. We got the first jobs report out under President Biden. Its a better report than december. Overall though, we have a long way to go. 49,000 jobs were added last month. The Unemployment Rate fell to 6. 3 in january. We will take a closer look in moments. I want to start with the action in the capitol. We have monica alba at white house, jo ling kent with the jobs report and leigh ann caldwell. President biden will deliver economic information later this hour. What can you tell us about the president s economic focus today . Its the first event, the fact that the white house is having these coronavirus briefings now three times a week from Health Experts and o
We have the markets on the move. We also have some pmi figures. Euro area january services pmi rising to 58. That was a little more than the preliminary 57. 6. Eurodollar, 1. 2462. Europe seems to be powering ahead. Stoxx europe 600, down some 3. 8 . We saw that big selloff in asia. It is all about Global Market angst because of rising inflation. Today is the day that jay powell takes over from janet yellen. It will be interesting to see what he makes of some of this. Yield, 2. 31. Year we have an allstar guest lineup for you today. Mark wilson of of eva, the largest insurer, joins us shortly. We also have to yield, 2. 31. Look at the future of advertising. We also talk about the French Economy with maurice levy of trackis, and we will treasuries and the selloff with john normand. Lets get to the bloomberg first word news. Nejra in america, janet yellen has said u. S. Stocks and commercial real estate prices are elevated. She made the comments to cbs sunday morning tv show in an interv
Stalking neighborhoods near downtown san jose, setting at least 12 fires. His down fall, homes equipped with surveillance cameras. A quickthinking Police Sergeant is getting credit for cracking that case. New at 11 00, George Kiriyama spoke with him. George joins us live. Reporter we talked with Sergeant Jason kidwell and he describes himself as a man, his computer and his coffee. He says that led to this eventual arrest. We felt we had a very good rest. Reporter he says it was consistency that helped catch a suspected serial arsonist. He cracked the case by plugging information into several databases last sunday morning. Slowly but surely, the suspect came up to the top of the pile. He matched the description. He had a criminal profile that matched. Reporter he matched 48yearold Patrick William brennan to a sketch. When you look at the sketch, you can see the similar features come out. Reporter and surveillance video. The video kind of reconfirmed once we had the information and looki
Victor blackwell and we do begin this hour with breaking news. Any moment, the cdc is expected to ease guidance on indoor mask wearing and social distancing for fully vaccinated people. Were going to take that announcement from the cdc director, dr. Rochelle walensky, live as soon as it begins, but lets start with phil mattingly, senior White House Correspondent there at the white house. Phil, what do we know about this announcement and the timing of it . Reporter yeah, so, what we know right now is obviously earlier in the week, we reported that the cdc didnt have any imminent guidance coming and that was in large part because President Biden in speaking to governors at a public event made clear there was the potential for new guidance as it pertained to those individuals that had been vaccinated. The cdc now appears to be on the verge of reversing itself, at least to some degree. The expectation is an announcement that those that have been vaccinated, fully vaccinated, if you are get