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China is doing better than good. We get a nice lift. To your point, i cannot remember a fed meeting where i have been more distracted by other news. Jonathan because the other news matters more. At the moment, the Federal Reserve is basically done when it comes to the framework shift. We have seen that. When it comes to the Balance Sheet, we have seen a huge expansion. Butink there will be tweaks for many people, the most important catalyst is physical. Tom it is physical based on week demand. I can or where i saw this. I will give axios credit. It was a food bank in richmond, automobile, car, by and it looked like field of dreams the line of cars went off into the distance and it was shockingly sad how people were lined up to get food, having that much difficulty. Jonathan could not agree with you more. Were living in two worlds. The old world is struggling. Love the we see ....
Abramowicz and tom keene. The first full week for america. We welcome all of you to our simulcast, Bloomberg Radio and bloomberg television. It is merger monday. Across the headline from verizon, they will buy track phones from america mobile for 6. 25 billion. It is like an afterthought this morning when you look at the frenzy to get out there and by revenue. Announced 60 minutes ago, if you have access to these Capital Markets and many people do, they have the money to go do it. Immediate fixed income picture, William Gross will join us at the bottom of the hour. We will get an update from the retired one. I want to talk to him about the financial repression. Lisa, that is a backdrop to everything we talked about. Anybody with yield after inflation is losing. They are falling behind every day. Lisa it is cheaper to bo ....
Tuscany. Off, somewhere outside toledo. So Francine Lacqua joins us. That is not toledo, spain. Outside toledo, ohio somewhere. I want to get to the data in a moment, with markets moving. Futures 21. I would say this has really this is really jump circuit by the french pmi numbers. Why was this a surprise . Francine i was reading the breakdown. The sharp slowdown is basically driven by services. It shows that the escape from recession wont be flailing like some economists thought. Guess it is partly seasonal i would also point to the fact that infections are rising quite significantly, especially in france, germany, and other countries. Leaders are saying they dont want to go back into lockdown, especially when you look at these pretty terrible numbers in terms of many factoring pmi, but also services pmi. It might also be difficult not to preimpose measures if the number of people getting infected does rise. So it will be a comp ....
Your equity market slightly negative on the s p 500 for the second or third time this week, waking up and looking at china. To the data and commentary around that economy right now. New loans extended on chinese banks ranging to the lowest since 2009, there are concerns about what is developing in the worlds secondlargest economy. Tom you look at the income statement dynamics and the Balance Sheet statement dynamics. I agree. I believe i mentioned this the day before. The flows on the Balance Sheet in and out are what matter. This is fbi from us to them off a cliff from them to us. Maybe not a cliff, but it is down. Jonathan the data dropped in the last hour. The response clear from many on the south side. Stop gin weighing in. We will see. We have not seen it. Lisa what kind of stimulus when they are concerned about debt load in local governments . If they want to move away fr ....
address, and you should never ever have to worry that your life will be taken! norah: as gun violence surges in america, could artificial intelligence help detect a threat in a crowd? it takes our cameras from passively recording event that happen to being able to prevent some things that happen. reporter: today s trial in a $1.6 billion lawsuit against fox news has been delayed by one day. this cracks the door open for a last-minute settlement. norah: the fbi arrest two men accusing of running secret chinese police station in new york city. we are onto you, wew e wito.e west coaloere osed t make pant inten years after the boston marathon bombing, how one survivor turned her tragedy into triumph. i don t think why me, why did this happen to me? i think it s about what am i going to do now? norah: good evening to our viewers in the west, and thank you for joining us as we start a new week together. we begin with another community in mourni ....