1
00:00:02,440 --> 00:00:05,680
Speaker 1: Live from the Bloomberg Interactor Berger Studios. This is Bloomberg

2
00:00:05,760 --> 00:00:09,440
Speaker 1: Daybreak for Wednesday, March sixteen two. Coming up this hour,

3
00:00:09,640 --> 00:00:14,800
Speaker 1: negotiations continue between Russia and Ukraine. Ukrainian President Zelinski addresses

4
00:00:14,840 --> 00:00:18,200
Speaker 1: the US Congress this morning. The FETs interest rate liftoff

5
00:00:18,280 --> 00:00:21,000
Speaker 1: expected to begin today. And I'll tell you why Hong

6
00:00:21,079 --> 00:00:24,400
Speaker 1: Kong's Hang Sang Index seers in nine per cent the

7
00:00:24,480 --> 00:00:26,599
Speaker 1: New York call. It says nursing home deaths in the

8
00:00:26,640 --> 00:00:30,639
Speaker 1: state were indeed undercounted. Plus we're another step closer to

9
00:00:31,000 --> 00:00:35,040
Speaker 1: keeping daylight saving time permanent. I'm Michael barn More ahead,

10
00:00:35,280 --> 00:00:38,360
Speaker 1: I'm John Stands. Sharon's sports sixty points for Tyree every

11
00:00:38,520 --> 00:00:40,400
Speaker 1: and that's when the Rangers won, and over time a

12
00:00:40,479 --> 00:00:45,360
Speaker 1: three Rizzo resigned with the eightning. That's all straight ahead

13
00:00:45,520 --> 00:00:49,200
Speaker 1: on Bloomberg day Break on Bloomberg Element Trio, New York,

14
00:00:49,400 --> 00:00:54,120
Speaker 1: Bloomberg one, Washington, d C, Bloomberg one, O six one, Boston,

15
00:00:54,280 --> 00:00:58,800
Speaker 1: Bloomberg nine sixty, San Francisco, Sirius x M one nineteen

16
00:00:59,160 --> 00:01:01,800
Speaker 1: and around the world. Old on Bloomberg Radio dot Com

17
00:01:02,000 --> 00:01:08,679
Speaker 1: and via The Bloomberg Business at Hey, good morning. I'm

18
00:01:08,720 --> 00:01:11,360
Speaker 1: Karen Moscow, and I'm John Tucker at did Break. Being

19
00:01:11,400 --> 00:01:14,959
Speaker 1: blunt You by Interactive Broker's Global Analysts helps you find

20
00:01:15,000 --> 00:01:19,440
Speaker 1: new global investment opportunities. To diversify your portfolio and discover

21
00:01:19,640 --> 00:01:23,440
Speaker 1: undervalued companies that may have greater growth potential. Try ib

22
00:01:23,560 --> 00:01:25,880
Speaker 1: K are Global Analysts today at I b k R

23
00:01:26,000 --> 00:01:31,040
Speaker 1: dot com. Slash g A and futures are higher this morning.

24
00:01:31,120 --> 00:01:33,200
Speaker 1: We're six oh one on Wall Street and we checked

25
00:01:33,240 --> 00:01:36,280
Speaker 1: the markets every fifteen minutes throughout the trading day. On Bloomberg.

26
00:01:36,360 --> 00:01:38,680
Speaker 1: Right now, SMP futures at forty four points to DOWN

27
00:01:38,720 --> 00:01:41,720
Speaker 1: futures up two hundred eighty four, and NASDAG futures are

28
00:01:41,800 --> 00:01:44,600
Speaker 1: up two hundred twenty four. John and Cameron will have

29
00:01:44,680 --> 00:01:46,680
Speaker 1: more on the markets in just a minute. But first,

30
00:01:47,040 --> 00:01:50,600
Speaker 1: Russia says there is hope for compromise and Ukraine says

31
00:01:50,680 --> 00:01:55,120
Speaker 1: Russia's positions sound quote more realistic. The latest from Bloomberg's

32
00:01:55,160 --> 00:02:00,000
Speaker 1: Amy Morris in our newsroom in Washington. Ukrainian President vladam

33
00:02:00,000 --> 00:02:03,360
Speaker 1: Here's a Lensky said Russia's positions in the negotiations sound

34
00:02:03,480 --> 00:02:06,640
Speaker 1: more realistic as the two sides are scheduled for another

35
00:02:06,760 --> 00:02:10,360
Speaker 1: round of talks today Russian Foreign Minister Sergei Lavrov says

36
00:02:10,600 --> 00:02:14,239
Speaker 1: there is some hope for compromised but progress remains difficult.

37
00:02:14,600 --> 00:02:18,840
Speaker 1: The overall military situation, however, is largely unchanged as Russian

38
00:02:18,880 --> 00:02:23,120
Speaker 1: forces continue to strike infrastructure targets. This as President Biden

39
00:02:23,200 --> 00:02:26,120
Speaker 1: prepares to travel to Brussels next week, and he is

40
00:02:26,160 --> 00:02:29,560
Speaker 1: expected to announce another eight hundred million dollars in military

41
00:02:29,680 --> 00:02:33,720
Speaker 1: aid for Ukraine, including more anti tank and anti aircraft missiles,

42
00:02:33,960 --> 00:02:36,200
Speaker 1: that would bring the total aid package just in the

43
00:02:36,280 --> 00:02:39,720
Speaker 1: past week to a billion dollars. In Washington, I maybe

44
00:02:39,760 --> 00:02:42,960
Speaker 1: Morris Bloomberg daybreak, all right, Amy, thank you. Ukrainian President

45
00:02:43,040 --> 00:02:46,120
Speaker 1: Zelenski is giving a virtual address before lawmakers in the

46
00:02:46,280 --> 00:02:48,880
Speaker 1: US later this morning, and we get more from Bloomberg's

47
00:02:48,960 --> 00:02:52,240
Speaker 1: Joe Matthew. He's gonna be speaking to Congress, essentially your

48
00:02:52,320 --> 00:02:54,080
Speaker 1: joint session. They're not going to be in the House chamber.

49
00:02:54,080 --> 00:02:57,280
Speaker 1: They'll have an auditorium set aside in the Capital complex

50
00:02:57,320 --> 00:02:59,079
Speaker 1: for this because it will be a virtual address. It's

51
00:02:59,080 --> 00:03:00,799
Speaker 1: supposed to be about nine of talk. And he was

52
00:03:00,840 --> 00:03:03,400
Speaker 1: gonna say thank you, having, by the way, met privately,

53
00:03:03,520 --> 00:03:07,040
Speaker 1: virtually but privately with lawmakers two weekends ago. This is

54
00:03:07,080 --> 00:03:08,799
Speaker 1: going to be provided to the networks, It's going to

55
00:03:08,880 --> 00:03:11,120
Speaker 1: be streamed online. People are gonna watch this on TV.

56
00:03:11,280 --> 00:03:13,720
Speaker 1: So his audience is very different now as he tries

57
00:03:13,760 --> 00:03:16,679
Speaker 1: to make the case for more military hardware if not

58
00:03:16,840 --> 00:03:19,320
Speaker 1: a no fly zone, and so far the answer from

59
00:03:19,320 --> 00:03:21,480
Speaker 1: the Pentagon on that one has been no. All right,

60
00:03:21,480 --> 00:03:23,919
Speaker 1: thanks Joe. Well Joe Matthew will have analysis of President

61
00:03:24,000 --> 00:03:27,280
Speaker 1: Zelenski's addressed later today on Bloomberg sound On at five

62
00:03:27,360 --> 00:03:30,799
Speaker 1: pm Eastern Plus. You can catch President Zelenski's address live

63
00:03:30,880 --> 00:03:34,440
Speaker 1: this morning at nine am on both Bloomberg Radio and television.

64
00:03:34,760 --> 00:03:37,840
Speaker 1: And another major story investors are following this morning, also

65
00:03:38,000 --> 00:03:41,680
Speaker 1: centered in Washington, the Fed is widely expected to begin

66
00:03:41,880 --> 00:03:45,360
Speaker 1: its interest rate liftoff. Let's get a preview from Bloomberg

67
00:03:45,440 --> 00:03:48,720
Speaker 1: Michael McKee. The what has been priced into markets. The

68
00:03:48,800 --> 00:03:51,480
Speaker 1: Fed will raise the nation's benchmark interest rate by twenty

69
00:03:51,520 --> 00:03:55,000
Speaker 1: five basis points. It's the what next that investors want

70
00:03:55,080 --> 00:03:57,960
Speaker 1: to know, how many rate moves and how quickly, When

71
00:03:58,040 --> 00:03:59,920
Speaker 1: and how do they start reducing the size of their

72
00:04:00,040 --> 00:04:02,760
Speaker 1: balance sheet. Looked to the new dot plot and Economic

73
00:04:02,840 --> 00:04:06,480
Speaker 1: Forecast for clues and listen to termin J. Powell explain

74
00:04:06,640 --> 00:04:10,880
Speaker 1: how fast inflation comes down and how the Fed avoids recession.

75
00:04:11,120 --> 00:04:13,960
Speaker 1: Michael mcketh, Bloomberg Debreak and thanks Mike. Full coverage of

76
00:04:14,000 --> 00:04:16,600
Speaker 1: the FED decision and j Pale's news conference begins at

77
00:04:16,680 --> 00:04:19,560
Speaker 1: one thirty pm Wall Street Time right here on Bloomberg

78
00:04:19,640 --> 00:04:22,880
Speaker 1: Radio on television. I'll turn into the markets now, John

79
00:04:22,920 --> 00:04:25,680
Speaker 1: Stocks in Hong Kong search nine per cent amid a

80
00:04:25,800 --> 00:04:28,880
Speaker 1: pledge from China to keep capital markets stable. To get

81
00:04:28,920 --> 00:04:32,600
Speaker 1: the recap from Bloomberg's Juliette Sally and Singapore. Good morning, Juliette,

82
00:04:32,640 --> 00:04:34,920
Speaker 1: Good morning, John and Karen. The Hang Sang Tech Index

83
00:04:35,000 --> 00:04:37,640
Speaker 1: rebounded from a brutal sell off to jump the most

84
00:04:37,760 --> 00:04:41,920
Speaker 1: on record, lifting sentiment across the Asia Pacific. Hong Kong's

85
00:04:41,960 --> 00:04:44,320
Speaker 1: Hang Sang Index had its biggest one day game since

86
00:04:44,400 --> 00:04:47,360
Speaker 1: two thousand and eight. China's cs I three hundred jumped

87
00:04:47,360 --> 00:04:50,520
Speaker 1: the most since July twenty. Equities in China and Hong

88
00:04:50,600 --> 00:04:53,000
Speaker 1: Kong had been under pressure, treading one and a half

89
00:04:53,080 --> 00:04:55,480
Speaker 1: trillion dollars combined over the first two days of this

90
00:04:55,600 --> 00:04:59,080
Speaker 1: week on regulatory fears and speculation that Beijing's ties with

91
00:04:59,200 --> 00:05:02,440
Speaker 1: Russian raised the risk of the U s backlash in Singapore.

92
00:05:02,520 --> 00:05:06,320
Speaker 1: Juliet Sally Bloomberg Daybreak, Julia, Thanks, there are problems once

93
00:05:06,360 --> 00:05:09,920
Speaker 1: again with nickel trading on the London Metal Exchange, and

94
00:05:10,000 --> 00:05:11,840
Speaker 1: let's go live to London now get the latest with

95
00:05:12,040 --> 00:05:16,000
Speaker 1: Bloomberg's Max Ramsey, Max Morning, John and Karen. We've seen

96
00:05:16,120 --> 00:05:19,320
Speaker 1: real chaos in this nickel market and it does continue today.

97
00:05:19,400 --> 00:05:22,960
Speaker 1: The London Metal Exchange finally reopened trading around two hours

98
00:05:23,000 --> 00:05:26,880
Speaker 1: ago after a week long suspension. Straightaway it fell through

99
00:05:26,960 --> 00:05:29,320
Speaker 1: this new five percent daily limit that the eleemy had

100
00:05:29,360 --> 00:05:32,359
Speaker 1: set in the exchange then halted electronic trading of nickel

101
00:05:32,440 --> 00:05:35,080
Speaker 1: contracts due to what they called a technical issue with

102
00:05:35,200 --> 00:05:37,680
Speaker 1: that limit, though phone based trading is open. We'll have

103
00:05:37,800 --> 00:05:40,120
Speaker 1: in person trading later today. But in terms of the

104
00:05:40,160 --> 00:05:43,240
Speaker 1: price action, signs then of an easing of that historic

105
00:05:43,360 --> 00:05:46,279
Speaker 1: short squeeze with the full we saw earlier Live in London,

106
00:05:46,360 --> 00:05:49,360
Speaker 1: Max Ramsey Bloomberg Daybreak, Max, thank you. UK Prime Minister

107
00:05:49,480 --> 00:05:52,160
Speaker 1: Boris Johnson began a visit to the United Arab Emirates

108
00:05:52,240 --> 00:05:54,840
Speaker 1: and Saudi Arabia and hopes it convincing leaders to ramp

109
00:05:54,960 --> 00:05:58,960
Speaker 1: up oil production. Bloomberg Samon Flashman says I'll take some persuading.

110
00:05:59,160 --> 00:06:02,479
Speaker 1: We've seen both time be the bit resistant to plans

111
00:06:02,720 --> 00:06:06,960
Speaker 1: to increase production by opac opec plus in the past.

112
00:06:07,080 --> 00:06:09,280
Speaker 1: The UAE has seemed too in recent days become a

113
00:06:09,360 --> 00:06:12,000
Speaker 1: little bit more amenable that there's just not enough oil

114
00:06:12,080 --> 00:06:15,400
Speaker 1: being produced. And bloombors amount Foxman says Johnson helps more

115
00:06:15,440 --> 00:06:18,280
Speaker 1: productional ease energy prices and checking oil right now and

116
00:06:18,360 --> 00:06:20,799
Speaker 1: I'm at screwed oil up four ten percent at nineties

117
00:06:20,800 --> 00:06:23,120
Speaker 1: six dollars eighty six cents a barrel. Brent is up

118
00:06:23,200 --> 00:06:25,520
Speaker 1: one percent at a hundred dollars eighty six cents, And

119
00:06:25,720 --> 00:06:28,680
Speaker 1: turning to the Pandemic Visor has a US reangulators to

120
00:06:28,800 --> 00:06:32,520
Speaker 1: approve of second coronavirus booster shot for senior citizens. The

121
00:06:32,680 --> 00:06:35,880
Speaker 1: latest now from Bloomberg's Reneeda Young, Good morning, Renada, Good morning.

122
00:06:35,960 --> 00:06:39,480
Speaker 1: John Fiser says Israel had already started offering a fourth

123
00:06:39,560 --> 00:06:42,760
Speaker 1: shot to older people and healthcare workers last year as

124
00:06:42,880 --> 00:06:46,479
Speaker 1: omicrons circulated, and the data shows the fourth shot, given

125
00:06:46,520 --> 00:06:49,720
Speaker 1: at least four months after the third, reduced the rate

126
00:06:49,760 --> 00:06:52,680
Speaker 1: of infection and severe illness. That's compared to those who

127
00:06:52,720 --> 00:06:55,880
Speaker 1: were given just one booster shot. The analysis was for

128
00:06:56,000 --> 00:06:59,200
Speaker 1: over one point one million adults sixty and older and

129
00:06:59,320 --> 00:07:03,039
Speaker 1: with no no history of COVID infection live in New York.

130
00:07:03,160 --> 00:07:06,160
Speaker 1: I'm reneed a young Bloomberg daybreak, Reneeded, thanks very much

131
00:07:06,360 --> 00:07:08,159
Speaker 1: ahead of the Cash Show. But on Wall Street down

132
00:07:08,200 --> 00:07:11,240
Speaker 1: futures right now two hundred eighty eight points higher and

133
00:07:11,320 --> 00:07:14,880
Speaker 1: smp E many futures of and the NaNs day futures

134
00:07:14,920 --> 00:07:18,880
Speaker 1: of two hundred and twenty six points. This is Bloomberg

135
00:07:18,960 --> 00:07:24,800
Speaker 1: daybreak and now six and seven on Wall Street. Let's

136
00:07:24,840 --> 00:07:26,760
Speaker 1: bring in Michael Barr to find out what else is

137
00:07:26,800 --> 00:07:29,560
Speaker 1: going on in New York end around the world, John,

138
00:07:29,640 --> 00:07:31,840
Speaker 1: Thank you very much. Sarah. New York's Department of Health

139
00:07:31,960 --> 00:07:34,680
Speaker 1: under report at the number of nursing home depths by

140
00:07:34,720 --> 00:07:38,640
Speaker 1: as much as fifty during certain periods of the COVID

141
00:07:38,720 --> 00:07:42,559
Speaker 1: nineteen pandemic, as according to an audit that criticized former

142
00:07:42,600 --> 00:07:47,520
Speaker 1: Governor Andrew Cuomo's administration for faulty data collection and misleading statistics.

143
00:07:48,040 --> 00:07:50,840
Speaker 1: The audit from the state comptroller says at least forty

144
00:07:51,400 --> 00:07:55,200
Speaker 1: nursing home depths weren't accounted for from April of twenty

145
00:07:55,480 --> 00:07:59,640
Speaker 1: to February of one. The suspect accused of gunning down

146
00:07:59,720 --> 00:08:01,920
Speaker 1: seven row homeless people on the streets of New York

147
00:08:01,960 --> 00:08:05,680
Speaker 1: City and Washington, d C. Remains in custody. Thirty year

148
00:08:05,720 --> 00:08:08,560
Speaker 1: old Gerald Rivard is accused of killing at least two

149
00:08:08,640 --> 00:08:11,480
Speaker 1: people and wounding three others over the past month. He

150
00:08:11,640 --> 00:08:15,080
Speaker 1: was arrested at a Washington d C. Gas station. Bravard's

151
00:08:15,120 --> 00:08:18,920
Speaker 1: father spoke after his son's arrest, revealing they don't know

152
00:08:19,080 --> 00:08:21,840
Speaker 1: why his son chose to do what he did. Put

153
00:08:21,920 --> 00:08:27,080
Speaker 1: my hands around him, my hug. Bravard's father told ABC

154
00:08:27,400 --> 00:08:30,400
Speaker 1: he tried to get his son committed but couldn't because

155
00:08:30,520 --> 00:08:33,160
Speaker 1: he is an adult. Americans would no longer need to

156
00:08:33,240 --> 00:08:37,440
Speaker 1: change their clocks twice a year under a bipartisan proposal

157
00:08:37,520 --> 00:08:41,600
Speaker 1: that passed the Senate. Legislation introduced by Senators Ed Markey

158
00:08:41,679 --> 00:08:45,880
Speaker 1: and Marco Rubio would make daylight saving time permanent across

159
00:08:45,920 --> 00:08:49,360
Speaker 1: the country. Senator Marco Rubio noted its appeal, It's an

160
00:08:49,480 --> 00:08:53,079
Speaker 1: eclectic collection of members of the United States Senate in

161
00:08:53,200 --> 00:08:54,839
Speaker 1: favor of what we've just done here in the Senate,

162
00:08:54,880 --> 00:08:57,080
Speaker 1: and that's the pass a bill to make a daylight

163
00:08:57,120 --> 00:09:00,640
Speaker 1: savings time permanent. The measure still needs approved from the House.

164
00:09:00,960 --> 00:09:04,599
Speaker 1: South Korea says North Korea fired and unidentified projectile, but

165
00:09:04,720 --> 00:09:08,240
Speaker 1: it is presumed that it failed immediately after launch. It

166
00:09:08,400 --> 00:09:11,520
Speaker 1: was the tenth such weapons test this year. Second Gentleman

167
00:09:11,559 --> 00:09:14,600
Speaker 1: Doug Imhof tested positive for COVID nineteen, the prompt Advice

168
00:09:14,679 --> 00:09:17,760
Speaker 1: President Kamala Harris to cancel her appearance had an Equal

169
00:09:17,800 --> 00:09:20,439
Speaker 1: Pay event last night at the White House. Harris tested

170
00:09:20,480 --> 00:09:23,800
Speaker 1: negative for the virus. President Biden Toma chose not to

171
00:09:23,880 --> 00:09:27,600
Speaker 1: take a chance since her husband had contracted COVID. Always

172
00:09:27,679 --> 00:09:31,760
Speaker 1: feeling very well, I'm told by the way when he

173
00:09:31,880 --> 00:09:34,400
Speaker 1: touched he's fine, but out of a mon it's a caution.

174
00:09:34,880 --> 00:09:37,839
Speaker 1: She decided she wasn't going to join us today, but

175
00:09:38,160 --> 00:09:41,640
Speaker 1: let's send her our love because she's something else. President

176
00:09:41,679 --> 00:09:44,800
Speaker 1: Biden also said during the event, Women's History Month is

177
00:09:44,840 --> 00:09:48,040
Speaker 1: an opportunity to honor the vision and the achievements of

178
00:09:48,160 --> 00:09:51,480
Speaker 1: trailblazing women and girls. Global News twenty four hours a

179
00:09:51,559 --> 00:09:54,200
Speaker 1: day on air and on Bloomberg quick Take, powered by

180
00:09:54,280 --> 00:09:57,160
Speaker 1: more than twenty seven journalists and analysts more than a

181
00:09:57,240 --> 00:10:00,640
Speaker 1: hundred twenty countries. I'm Michael Barr. This is Bloomberg. Joh Michael,

182
00:10:00,720 --> 00:10:07,199
Speaker 1: thank you. It's coming up. On six Wall Street time

183
00:10:07,240 --> 00:10:10,119
Speaker 1: down for the Bloomberg Sports Update, and here's John Stesshower.

184
00:10:10,200 --> 00:10:12,360
Speaker 1: Thanks John. And Kyrie Irving isn't making news for not

185
00:10:12,440 --> 00:10:15,120
Speaker 1: getting the vaccine and the controversy over him not being

186
00:10:15,120 --> 00:10:16,959
Speaker 1: allowed to play home games. He's playing at least on

187
00:10:17,040 --> 00:10:19,320
Speaker 1: the road. And last night Kyrie put on a show.

188
00:10:19,400 --> 00:10:24,360
Speaker 1: Irving left Week three. God, they're sixty for Kyrie Irvy,

189
00:10:25,600 --> 00:10:31,079
Speaker 1: a franchise record, a career high. Kyrie Irvy puts the

190
00:10:31,160 --> 00:10:33,599
Speaker 1: nets up with thirty one ninety four with eight and

191
00:10:33,640 --> 00:10:36,079
Speaker 1: a half to go, with the fourth quarter a time out.

192
00:10:36,200 --> 00:10:39,160
Speaker 1: Orlando had it. Everything got taken out so he could

193
00:10:39,160 --> 00:10:41,080
Speaker 1: have scored a lot more. He had forty one points

194
00:10:41,120 --> 00:10:43,880
Speaker 1: at halftime, first NBA player to do that in five years.

195
00:10:43,920 --> 00:10:46,600
Speaker 1: Then that's Wallop the magic one fifty to one oh eight.

196
00:10:46,679 --> 00:10:49,319
Speaker 1: But tonight's game is at home, so Irvan consider in

197
00:10:49,360 --> 00:10:51,240
Speaker 1: the stands, but he can't play. And now there are

198
00:10:51,360 --> 00:10:54,920
Speaker 1: questions about me and Yankee players who haven't gotten the vaccine.

199
00:10:54,920 --> 00:10:57,840
Speaker 1: Apparently it's the same for outdoor sporting events. And when

200
00:10:57,880 --> 00:11:01,120
Speaker 1: Aaron Judge was asked if he's vaccinated, sidestep the question.

201
00:11:01,160 --> 00:11:03,800
Speaker 1: The Yankees are bringing back Anthony Rizzo to play first base.

202
00:11:04,000 --> 00:11:06,400
Speaker 1: Acquired last summer after a decade with the Cubs, he

203
00:11:06,520 --> 00:11:08,440
Speaker 1: was a free agent. The Yanks now have a surplus

204
00:11:08,520 --> 00:11:11,960
Speaker 1: of infielders. Someone like Luke Broight and or Labor Torres

205
00:11:12,040 --> 00:11:14,199
Speaker 1: may not have to go at the Garden Rangers. The

206
00:11:14,240 --> 00:11:16,920
Speaker 1: fourth three overtime went over Anaheim. Adam Fox the game

207
00:11:16,960 --> 00:11:19,440
Speaker 1: whenever he also had to assists Chris Tryer. The game

208
00:11:19,520 --> 00:11:22,120
Speaker 1: tying goal is thirty ninth three assist for our Tommy

209
00:11:22,160 --> 00:11:25,280
Speaker 1: pannerin Devils lost in Vancouver six. Three of the Islanders

210
00:11:25,320 --> 00:11:28,440
Speaker 1: lost in Washington for three in a shootout. The Giants

211
00:11:28,440 --> 00:11:31,760
Speaker 1: signed the veteran Tyrod Taylor, so unlike last year when

212
00:11:31,800 --> 00:11:34,440
Speaker 1: Daniel Jones got hurt, the Giants now have a dependable

213
00:11:34,880 --> 00:11:38,080
Speaker 1: backup quarterback. The Jets signed to free agent defensive back

214
00:11:38,120 --> 00:11:41,319
Speaker 1: safety Jordan Whitehead had been with Tampa Bay quarterback d J.

215
00:11:41,480 --> 00:11:45,080
Speaker 1: Reid coming from Seattle. John Dash Award Bloombird Sports John

216
00:11:45,280 --> 00:11:47,320
Speaker 1: John thanks a lot the futures right now and indicate

217
00:11:47,360 --> 00:11:50,200
Speaker 1: a higher open of Wall Street. This Sporting Dal futures

218
00:11:50,800 --> 00:11:53,720
Speaker 1: three hundred twenty five points higher, up about one percent,

219
00:11:53,880 --> 00:11:56,800
Speaker 1: as and P futures fifty points higher. Off one point

220
00:11:56,840 --> 00:11:59,680
Speaker 1: two percent, the NASA futures of two hundred forty five

221
00:12:00,240 --> 00:12:03,920
Speaker 1: up one point eight percent. This is Bloomberg Day Break

222
00:12:06,400 --> 00:12:08,160
Speaker 1: pay Break brought to you by an Audie. Don't let

223
00:12:08,200 --> 00:12:10,720
Speaker 1: someone else drive off of the Aubie model you've always wanted.

224
00:12:11,200 --> 00:12:13,880
Speaker 1: Visit your tri state Abbei dealer to get behind the

225
00:12:13,920 --> 00:12:16,920
Speaker 1: wheel of yours today. Visit Autie Offers dot com for

226
00:12:17,120 --> 00:12:25,120
Speaker 1: more information, markets, headlines and breaking news twenty four hours

227
00:12:25,160 --> 00:12:28,160
Speaker 1: a day at Bloomberg dot Com, the Bloomberg Business App,

228
00:12:28,240 --> 00:12:32,000
Speaker 1: and at Bloomberg Quick Tape. He's a Bloomberg Business lash

229
00:12:38,080 --> 00:12:40,719
Speaker 1: and I'm Karen Moscow. Stocks are searching u s Dock

230
00:12:40,800 --> 00:12:43,520
Speaker 1: Index futures are climbing as China is about a stabilize

231
00:12:43,520 --> 00:12:46,480
Speaker 1: battered markets lift sentiment after weeks of worries about war

232
00:12:46,640 --> 00:12:50,760
Speaker 1: and high inflation, treasuries steady and the dollars slipping ahead

233
00:12:50,800 --> 00:12:53,080
Speaker 1: of the Federal reserves rate decision. We checked the markets

234
00:12:53,080 --> 00:12:56,199
Speaker 1: every fifteen minutes throughout the trading day on Bloomberg s

235
00:12:56,280 --> 00:12:59,560
Speaker 1: and P futures up fifty seven points down, futures up

236
00:12:59,600 --> 00:13:02,600
Speaker 1: three d eighty at NASTACK futures up two hundred fifty

237
00:13:02,679 --> 00:13:05,439
Speaker 1: seven that's up one point nine percent. The decks in

238
00:13:05,520 --> 00:13:08,319
Speaker 1: Germany's up two point eight percent. The ten year treasury

239
00:13:08,400 --> 00:13:10,720
Speaker 1: down five thirty seconds. Now the yel two point one

240
00:13:10,840 --> 00:13:13,559
Speaker 1: six percent, yield on a two year one point eight

241
00:13:13,600 --> 00:13:17,120
Speaker 1: four percent. Nine max screwed oil is moving lower. It's

242
00:13:17,200 --> 00:13:20,200
Speaker 1: now down one percent. It's sound ninety three cents at

243
00:13:20,280 --> 00:13:23,360
Speaker 1: ninety five sixty cents a barrel. Comics gold is down

244
00:13:23,440 --> 00:13:27,400
Speaker 1: half percent or eight dollars eighty cents at ninety one announced.

245
00:13:27,520 --> 00:13:30,680
Speaker 1: The euro one point one zero zero three against the dollar,

246
00:13:30,720 --> 00:13:33,719
Speaker 1: British found one point three zero six eight. How the

247
00:13:33,840 --> 00:13:36,400
Speaker 1: end is at one eighteen point three three and checking

248
00:13:36,440 --> 00:13:39,520
Speaker 1: bitcoin this morning, it's up almost three percent at forty

249
00:13:39,600 --> 00:13:43,199
Speaker 1: thousand and five hundred forty dollars. That's a Bloomberg business flash.

250
00:13:43,240 --> 00:13:45,280
Speaker 1: Now here's Michel Barrow with more on what's going on

251
00:13:45,400 --> 00:13:48,360
Speaker 1: around the world. Michael Karen, thank you very much. This

252
00:13:48,800 --> 00:13:53,040
Speaker 1: just breaking on the Bloomberg terminal comes as Ukraine and

253
00:13:53,160 --> 00:13:56,559
Speaker 1: Russia are talking today. According to the Kremlin, they want

254
00:13:56,760 --> 00:14:00,600
Speaker 1: Ukraine to remain neutral. Ukraine's president is preparing to make

255
00:14:00,640 --> 00:14:02,840
Speaker 1: a direct appeal for more help, and a rare speech

256
00:14:02,920 --> 00:14:06,760
Speaker 1: by foreign leaders to the US Congress, even as Russia

257
00:14:06,800 --> 00:14:10,840
Speaker 1: continued its bombardment of the Ukrainian capital. Viewing his speech

258
00:14:10,880 --> 00:14:14,599
Speaker 1: to Congress, President Voladimir Zolinski thank President Joe Biden and

259
00:14:14,920 --> 00:14:17,720
Speaker 1: all the friends of Ukraine for thirteen point six billion

260
00:14:17,800 --> 00:14:20,400
Speaker 1: dollars in new support. In the NBA, the Nets on

261
00:14:20,480 --> 00:14:22,680
Speaker 1: the road be the Magic one fifty one away. Kyrie

262
00:14:22,720 --> 00:14:25,040
Speaker 1: Irving put up a sixty spot in the NHL. The

263
00:14:25,120 --> 00:14:28,120
Speaker 1: Rangers beat the Ducks in overtime for three. The Islanders

264
00:14:28,160 --> 00:14:30,880
Speaker 1: lost in the shootout to the Capitol's for three. The

265
00:14:30,960 --> 00:14:33,760
Speaker 1: Devil's lost the Bruins one in ot against the Blackhawks

266
00:14:33,960 --> 00:14:36,600
Speaker 1: to one. Global News twenty four hours a day on

267
00:14:36,760 --> 00:14:39,520
Speaker 1: air and on Bloomberg Quick Tank, powered by more than

268
00:14:39,600 --> 00:14:42,000
Speaker 1: twenty seven hundred journalists and analysts more than a hundred

269
00:14:42,040 --> 00:14:45,640
Speaker 1: twenty countries. Michael Barr and this is Bloomberg. Johm alright, Michael,

270
00:14:45,640 --> 00:14:48,000
Speaker 1: thank you very much. Six twenty Wall Street were lying

271
00:14:48,040 --> 00:14:51,920
Speaker 1: for the Bloomberg Interactive Brokers studios. This is Bloomberg Daybreak.

272
00:14:51,960 --> 00:14:54,920
Speaker 1: As Michael just mentioned, the Ukrainian President, FLADOMR. Zolinski is

273
00:14:54,920 --> 00:14:58,000
Speaker 1: going to deliver a virtual address to the Congress today,

274
00:14:58,280 --> 00:15:00,360
Speaker 1: caring that speech live starting at nine a in Wall

275
00:15:00,440 --> 00:15:03,560
Speaker 1: Street time. And ahead of that, we did get these

276
00:15:03,640 --> 00:15:08,360
Speaker 1: headlines the Kremlin saying that a neutral Ukraine with its

277
00:15:08,520 --> 00:15:14,520
Speaker 1: own army is a possible compromise option. The Kremlin also

278
00:15:14,880 --> 00:15:19,640
Speaker 1: discussing Austria, Sweden neutrality model for Ukraine. Let's break all

279
00:15:19,720 --> 00:15:22,640
Speaker 1: this down with Bloomberg Washington correspondent for radio and TV

280
00:15:23,280 --> 00:15:25,440
Speaker 1: and Marie hord durn Amory. Good to talk to you,

281
00:15:25,520 --> 00:15:29,240
Speaker 1: Thanks for being with us. Sounds a little more optimistic,

282
00:15:29,400 --> 00:15:31,360
Speaker 1: but then again you have to consider the source. This

283
00:15:31,480 --> 00:15:34,720
Speaker 1: is coming from the Kremlin, Yes, exactly, and good morning, John,

284
00:15:34,760 --> 00:15:37,280
Speaker 1: thanks for having me. So first consider the source. We

285
00:15:37,320 --> 00:15:40,280
Speaker 1: should know that the Kremlin has for weeks leading up

286
00:15:40,280 --> 00:15:43,400
Speaker 1: to the invasion said Russia had no intentions of invading,

287
00:15:43,440 --> 00:15:45,600
Speaker 1: and of course we know that is not true. There's

288
00:15:45,600 --> 00:15:48,640
Speaker 1: a war in Ukraine, but there have been diplomatic talks.

289
00:15:48,720 --> 00:15:51,680
Speaker 1: There's another round of diplomatic talks today. And ahead of that,

290
00:15:52,120 --> 00:15:54,840
Speaker 1: talking about the fact that the Kremlin is even discussing

291
00:15:54,920 --> 00:15:59,440
Speaker 1: this model, this neutrality model, taking after what Austria has done,

292
00:15:59,480 --> 00:16:02,360
Speaker 1: what Sweden has done. At the same time, letting Ukraine

293
00:16:02,400 --> 00:16:05,440
Speaker 1: have its own army is moving in the right direction.

294
00:16:05,480 --> 00:16:07,520
Speaker 1: Of the diplomacy front, and just so you have an

295
00:16:07,560 --> 00:16:10,400
Speaker 1: idea of what a neutrality model looks like. Austria did

296
00:16:10,480 --> 00:16:13,520
Speaker 1: this in the nineteen fifties and basically they put in

297
00:16:13,520 --> 00:16:16,160
Speaker 1: their constitution that they will remain neutral, they will not

298
00:16:16,280 --> 00:16:19,560
Speaker 1: try to go enter into any sort of alliances. I e.

299
00:16:20,000 --> 00:16:22,280
Speaker 1: This would be a big deal because potentially this means

300
00:16:22,400 --> 00:16:25,320
Speaker 1: Ukraine could not join NATO, but also they would not

301
00:16:25,400 --> 00:16:29,280
Speaker 1: have any foreign military bases on their soil. And as

302
00:16:29,320 --> 00:16:32,880
Speaker 1: those negotiations take place their schedule today between Ukraine and

303
00:16:32,960 --> 00:16:36,160
Speaker 1: Russian officials. If I remember also that the the officials

304
00:16:36,200 --> 00:16:40,840
Speaker 1: who are doing the negotiations negotiations for the Kremlin, they're

305
00:16:41,000 --> 00:16:45,080
Speaker 1: not high level individuals, are they. No, they do report back,

306
00:16:45,200 --> 00:16:47,000
Speaker 1: but you make a good point that a lot of

307
00:16:47,080 --> 00:16:49,800
Speaker 1: reporting is out there. The fact that President Vladimir Putin

308
00:16:50,200 --> 00:16:54,040
Speaker 1: has maintained a very very small circle of individuals around

309
00:16:54,160 --> 00:16:57,520
Speaker 1: him from the FSB, which is the former KGB in Russia,

310
00:16:57,760 --> 00:17:02,240
Speaker 1: the security apparatus. Uh So it depends how much these

311
00:17:02,400 --> 00:17:06,800
Speaker 1: individuals that are negotiating with Ukrainians are actually connected to

312
00:17:06,920 --> 00:17:08,800
Speaker 1: that inner circle. It's a very good point in a

313
00:17:08,920 --> 00:17:11,639
Speaker 1: nuance that we should keep an eye on and Zelinski

314
00:17:11,800 --> 00:17:14,320
Speaker 1: has said that the well, what does he have said

315
00:17:14,320 --> 00:17:18,639
Speaker 1: about the positions that Russia has has made. Well, for

316
00:17:18,720 --> 00:17:21,880
Speaker 1: the first part, the simple one is that they want

317
00:17:21,960 --> 00:17:26,359
Speaker 1: Russia immediately to withdraw the troops. And they will say

318
00:17:26,400 --> 00:17:28,840
Speaker 1: that Russia talks about peace, but at the same time,

319
00:17:29,560 --> 00:17:32,159
Speaker 1: what is happening in terms of action on the ground

320
00:17:32,440 --> 00:17:37,880
Speaker 1: has not stopped, in terms of bombardment and missiles of cities,

321
00:17:38,040 --> 00:17:41,200
Speaker 1: including a number of places where there are lots of

322
00:17:41,280 --> 00:17:44,879
Speaker 1: civilians that are attempting and trying to evacuate. So for

323
00:17:45,000 --> 00:17:47,560
Speaker 1: the first part, they want their words and rhetoric to

324
00:17:47,640 --> 00:17:51,119
Speaker 1: match actions on the ground. Okay, the speech today, the

325
00:17:51,280 --> 00:17:55,200
Speaker 1: virtual speech to the Congress, it's kind of hearkened back

326
00:17:55,240 --> 00:17:58,040
Speaker 1: to I gotta imagine Winston Churchill, he was the last

327
00:17:58,080 --> 00:18:02,719
Speaker 1: wartime leader I believe, to address a Congress and uh,

328
00:18:03,359 --> 00:18:05,360
Speaker 1: he's in good company. What's what's he going to send

329
00:18:05,400 --> 00:18:07,760
Speaker 1: to the Congress? Well, based off what he said to

330
00:18:07,880 --> 00:18:11,399
Speaker 1: European leaders. As you mentioned, Winston Churchill, he has spoken

331
00:18:11,440 --> 00:18:15,320
Speaker 1: to British Parliament, most recently to Canadian lawmakers. He really

332
00:18:15,440 --> 00:18:19,120
Speaker 1: makes these impassioned, emotional speeches and one of those actually

333
00:18:19,440 --> 00:18:22,359
Speaker 1: his translator choked up because it was so emotional. But

334
00:18:22,520 --> 00:18:26,000
Speaker 1: he will use this moment to try to implore Congress

335
00:18:26,240 --> 00:18:29,280
Speaker 1: to push the administration to what he would say, close

336
00:18:29,359 --> 00:18:33,359
Speaker 1: the skies. Now, many in Congress and the administration agree

337
00:18:33,400 --> 00:18:35,399
Speaker 1: that there could be a no fly zone. The President

338
00:18:35,440 --> 00:18:38,360
Speaker 1: has said last week that basically means world War three

339
00:18:38,440 --> 00:18:43,000
Speaker 1: because you would have US jets potentially striking down Russian jets.

340
00:18:43,520 --> 00:18:49,120
Speaker 1: But potentially Presidents Volodamir Zelensky could push Congress, especially Republicans,

341
00:18:49,320 --> 00:18:52,520
Speaker 1: to put pressure on the administration to at least get

342
00:18:52,640 --> 00:18:56,080
Speaker 1: Poland to transfer fighter jets over the Ukrainian border. P

343
00:18:56,240 --> 00:18:58,879
Speaker 1: emrie Um, before you go, how does this play in

344
00:18:58,920 --> 00:19:02,280
Speaker 1: the mid term elections, It's a great question. I think

345
00:19:02,359 --> 00:19:05,639
Speaker 1: that's twofold one. Most Americans, if you look at the polls,

346
00:19:06,000 --> 00:19:09,879
Speaker 1: agree that what the administration is doing, that they should

347
00:19:09,880 --> 00:19:14,200
Speaker 1: be putting harsh sanctions on President Putin for what is

348
00:19:14,240 --> 00:19:16,520
Speaker 1: going on in Ukraine. But the second part of that

349
00:19:16,720 --> 00:19:20,000
Speaker 1: is that there are economic consequences to what is happening

350
00:19:20,080 --> 00:19:24,399
Speaker 1: back home. Russia is a massive commodity producer mostly UH.

351
00:19:24,520 --> 00:19:27,320
Speaker 1: The one that would affect America the most is obviously oil.

352
00:19:27,640 --> 00:19:31,520
Speaker 1: They're the third biggest UH producer's second biggest exporter. That

353
00:19:31,640 --> 00:19:35,200
Speaker 1: means higher gasolene prices. This administration has been struggling with

354
00:19:35,240 --> 00:19:38,200
Speaker 1: inflation already and that will only make it worse. Always

355
00:19:38,240 --> 00:19:40,960
Speaker 1: good to talk to you, Bloomberg Washington correspondent for radio

356
00:19:41,000 --> 00:19:43,480
Speaker 1: and TV and Marie or Duran and we're gonna counter

357
00:19:43,560 --> 00:19:47,320
Speaker 1: that speech by President Zelinsky that should be round nine

358
00:19:47,359 --> 00:19:50,440
Speaker 1: o'clock both on radio and television. Just a reminder those

359
00:19:50,480 --> 00:19:53,119
Speaker 1: headlines that we got the kram one saying in neutral

360
00:19:53,240 --> 00:19:57,240
Speaker 1: Ukraine with its own army possible and uh so a

361
00:19:57,320 --> 00:19:59,880
Speaker 1: little more optimistic as far as markets and some pep

362
00:20:00,119 --> 00:20:03,880
Speaker 1: jus right now up one point. This is Bloomberg day Break,

363
00:20:06,040 --> 00:20:08,119
Speaker 1: day Break warunt You by the Jewish Communal Fund j

364
00:20:08,240 --> 00:20:10,639
Speaker 1: c AMS donor advised fund is the smart choice to

365
00:20:10,680 --> 00:20:14,680
Speaker 1: manage your philanthropy, especially in times of crises. Make your

366
00:20:14,720 --> 00:20:18,080
Speaker 1: giving impactful. Visit j c F n y dot org

367
00:20:22,000 --> 00:20:26,480
Speaker 1: broadcasting live from the Bloomberg Interacted Broker Studio in New York.

368
00:20:26,640 --> 00:20:31,280
Speaker 1: Bloomberg Living Freemant to Washington, d C. Bloomberg to Boston,

369
00:20:31,400 --> 00:20:34,800
Speaker 1: Bloomberg one O six one does San Francisco, Bloomberg Non

370
00:20:34,880 --> 00:20:38,119
Speaker 1: sixty to the country Sirius XM chantal one nineteen and

371
00:20:38,240 --> 00:20:41,560
Speaker 1: around the globe, the Bloomberg Business app and Bloomberg Radio

372
00:20:41,720 --> 00:20:50,520
Speaker 1: dot com. This is Bloomberg day Break and at six

373
00:20:50,600 --> 00:20:53,399
Speaker 1: thirty on Wall Street. Good morning, I'm John Tucker and

374
00:20:53,480 --> 00:20:56,399
Speaker 1: I'm kerin Moscow. We're just about three hours away from

375
00:20:56,440 --> 00:20:58,640
Speaker 1: the open of US trading. Time for the five things

376
00:20:58,680 --> 00:21:00,600
Speaker 1: you need to notice. Start your Hey brought to you

377
00:21:00,760 --> 00:21:04,400
Speaker 1: by Interactive Brokers Simple i v k R Global Trader App.

378
00:21:04,760 --> 00:21:07,640
Speaker 1: Deposit in your local currency and trade stocks in the US,

379
00:21:07,720 --> 00:21:11,200
Speaker 1: Europe and Asia. Start your free trial at ibkr dot com.

380
00:21:11,280 --> 00:21:15,159
Speaker 1: Slash Global Trader up. First, an update on talks from Russia.

381
00:21:15,200 --> 00:21:18,000
Speaker 1: The Kremlin says a neutral Ukraine with its own army

382
00:21:18,400 --> 00:21:21,520
Speaker 1: is a possible compromise option. The announcement comes and it

383
00:21:21,640 --> 00:21:25,000
Speaker 1: continued to swing in Ukraine and negotiations happening today between

384
00:21:25,080 --> 00:21:29,120
Speaker 1: Russian and Ukrainian leaders. Meanwhile, President Biden expended to announce

385
00:21:29,160 --> 00:21:32,359
Speaker 1: more than one billion dollars in Ukraine military aid today.

386
00:21:32,680 --> 00:21:35,959
Speaker 1: Bloomberg's at Baxter has that story. This will come from

387
00:21:36,000 --> 00:21:38,639
Speaker 1: the thirteen point six billion in aid that was passed

388
00:21:38,680 --> 00:21:42,400
Speaker 1: by Congress and will provide anti armor and anti air

389
00:21:42,520 --> 00:21:46,440
Speaker 1: systems that include javelins and stingers as well. Secretary of

390
00:21:46,520 --> 00:21:49,680
Speaker 1: State Anthony Blincoln is saying it will complement the humanitarian

391
00:21:49,720 --> 00:21:54,120
Speaker 1: aid already being sent. This comes as Ukraine's President Volatimer

392
00:21:54,200 --> 00:21:57,960
Speaker 1: Zelensky is scheduled to address Congress today in San Francisco.

393
00:21:58,000 --> 00:22:01,240
Speaker 1: I'm at Baxter Bloomberg daybreak, and thank you staying in Washington.

394
00:22:01,280 --> 00:22:03,719
Speaker 1: And interest rate high coming from the Federal Reserve. For more,

395
00:22:03,800 --> 00:22:06,600
Speaker 1: here's Bloomberg's vine down. Juda Ice econd of is say

396
00:22:06,640 --> 00:22:09,800
Speaker 1: the Federal race its benchmark interest rate by a quarter point,

397
00:22:09,880 --> 00:22:14,280
Speaker 1: the first rate increase in eighteen. US inflation is running

398
00:22:14,280 --> 00:22:17,840
Speaker 1: at the highest levels in four decades, and gradual tightening

399
00:22:17,920 --> 00:22:22,120
Speaker 1: will probably continue Bloomberg economics, as in more normal time,

400
00:22:22,240 --> 00:22:25,439
Speaker 1: such inflation data would support a larger FED rate increase,

401
00:22:25,520 --> 00:22:29,119
Speaker 1: a half point increase. Beneat Judais bloombirgday break. All right,

402
00:22:29,160 --> 00:22:31,960
Speaker 1: thanks for any another Fed note. President Biden's nominee for

403
00:22:32,080 --> 00:22:36,639
Speaker 1: FED Vice Chair of Supervision, Sarah bloom Raskin, withdrew her candidacy,

404
00:22:36,960 --> 00:22:39,680
Speaker 1: and West Virginia Senator Joe Manchin said he would not

405
00:22:39,880 --> 00:22:42,520
Speaker 1: support her. And journey to markets now at John US

406
00:22:42,600 --> 00:22:45,640
Speaker 1: futures and European equities are higher. In China's Hang Sang

407
00:22:45,680 --> 00:22:48,719
Speaker 1: Index game nine percent after the country down to boost

408
00:22:48,760 --> 00:22:52,560
Speaker 1: financial markets and stimulate economic growth. Now to COVID, Fiser

409
00:22:52,640 --> 00:22:56,640
Speaker 1: asking US regulators to approve a second coronavirus booster for seniors.

410
00:22:57,000 --> 00:23:00,000
Speaker 1: With the latest live here's Bloomberg's Renee A Young Good morning, Redney,

411
00:23:00,119 --> 00:23:03,639
Speaker 1: Good morning. John Feiser says Israel already started offering a

412
00:23:03,760 --> 00:23:07,160
Speaker 1: fourth shot to older people and healthcare workers last year,

413
00:23:07,560 --> 00:23:09,960
Speaker 1: and the data shows the fourth shot, given at least

414
00:23:10,000 --> 00:23:13,320
Speaker 1: four months after the third, reduced the rate of infection

415
00:23:13,359 --> 00:23:16,560
Speaker 1: and severe illness. That's compared to those with one booster.

416
00:23:17,000 --> 00:23:19,520
Speaker 1: Live in New York, I'm gonna need a Young Bloomberg daybreak.

417
00:23:19,800 --> 00:23:21,520
Speaker 1: I ready to thank you. And that's the five things

418
00:23:21,600 --> 00:23:23,600
Speaker 1: you need to notice start your day. Brought to you

419
00:23:23,760 --> 00:23:27,000
Speaker 1: by Interactive Brokers again s and P Futures higher up

420
00:23:27,000 --> 00:23:29,760
Speaker 1: fifty five points this morning and straight I had your

421
00:23:29,800 --> 00:23:32,440
Speaker 1: latest local headlines plus the check of sports, and this

422
00:23:33,000 --> 00:23:40,440
Speaker 1: is Bloomberg. Thanks Karen sixty three on Wall Street. Hand

423
00:23:40,480 --> 00:23:42,240
Speaker 1: time to bring in Michael barn to tell us what

424
00:23:42,359 --> 00:23:45,640
Speaker 1: else is going on in New York and around the world. John,

425
00:23:45,720 --> 00:23:47,600
Speaker 1: Thank you very much, sir. According to on All Day,

426
00:23:47,600 --> 00:23:50,040
Speaker 1: in New York's Department of Health under report at the

427
00:23:50,119 --> 00:23:53,080
Speaker 1: number of nursing home deaths by as much as fifty

428
00:23:53,200 --> 00:23:57,080
Speaker 1: percent during certain periods of the COVID nineteen pandemic. The

429
00:23:57,160 --> 00:24:00,280
Speaker 1: audit from the state comptroller criticized its former governor Andrew

430
00:24:00,320 --> 00:24:05,320
Speaker 1: Cuomo's administration for faulty data collection and misleading statistics. Says

431
00:24:05,320 --> 00:24:08,800
Speaker 1: at least forty nursing home deaths weren't accounted for from April.

432
00:24:09,800 --> 00:24:13,680
Speaker 1: The February of one, a thirty year old Washington, d

433
00:24:13,760 --> 00:24:16,639
Speaker 1: C Man with a history of assault arrests was charged

434
00:24:16,720 --> 00:24:19,359
Speaker 1: with murder in connection with a string of shootings of

435
00:24:19,440 --> 00:24:22,200
Speaker 1: homeless men in the nation's capital and New York City.

436
00:24:22,640 --> 00:24:25,280
Speaker 1: Gerald Rivard was taken into custody by a t F

437
00:24:25,400 --> 00:24:29,159
Speaker 1: agents in southeast Washington and handed over to d C's

438
00:24:29,200 --> 00:24:32,640
Speaker 1: Metropolitan Police Department. He's being charged with first degree murder

439
00:24:32,760 --> 00:24:36,520
Speaker 1: and assault. Rivard's father has his son has battled a

440
00:24:36,600 --> 00:24:43,440
Speaker 1: long history of mental issues. I couldn't because he's Provard's

441
00:24:43,480 --> 00:24:46,639
Speaker 1: father spoke to ABC. Meanwhile, m y p D Commissioner

442
00:24:46,800 --> 00:24:50,240
Speaker 1: Keeachin Sewell also talked about the arrest of a suspect

443
00:24:50,320 --> 00:24:53,119
Speaker 1: in the stabbing attack at the Museum of Modern Art.

444
00:24:53,440 --> 00:24:58,560
Speaker 1: Two cases, three cities, five agencies across multiple local, state,

445
00:24:58,680 --> 00:25:03,320
Speaker 1: and federal jurisdiction, forty eight hours of investigation and now

446
00:25:03,680 --> 00:25:08,080
Speaker 1: to arrests NYPD commissioner Keeaching School. The Senate moved a

447
00:25:08,240 --> 00:25:11,800
Speaker 1: giant step closer to making daylight saving time permanent in

448
00:25:11,880 --> 00:25:15,280
Speaker 1: the US. The Senate gave unanimous consent to the Sunshine

449
00:25:15,320 --> 00:25:18,240
Speaker 1: Protection Act. The bill would end the practice of turning

450
00:25:18,280 --> 00:25:21,400
Speaker 1: clocks back one hour to standard time each November. Senator

451
00:25:21,480 --> 00:25:24,080
Speaker 1: Marco Rubio, just this past weekend, we all went through

452
00:25:24,119 --> 00:25:27,080
Speaker 1: that bi annual ritual of changing the clock back and

453
00:25:27,160 --> 00:25:29,160
Speaker 1: forth and the destruction that comes with it, and one

454
00:25:29,200 --> 00:25:30,760
Speaker 1: has to ask themselves after a while, why do we

455
00:25:30,880 --> 00:25:33,200
Speaker 1: keep doing it? Why are we doing this? The bill

456
00:25:33,280 --> 00:25:36,920
Speaker 1: still needs approval from the House. South Korea's military says

457
00:25:36,960 --> 00:25:40,400
Speaker 1: a North Korean missile fired from its capital region exploded

458
00:25:40,480 --> 00:25:44,320
Speaker 1: in mid air and an apparent failed launch. Today's launch

459
00:25:44,480 --> 00:25:47,440
Speaker 1: was detected, amid speculation that the North could soon launch

460
00:25:47,480 --> 00:25:51,840
Speaker 1: its longest range missile in its most significant provocation since seen.

461
00:25:52,320 --> 00:25:56,000
Speaker 1: Second Gentleman Doug M. Hov test had positive for the coronavirus.

462
00:25:56,440 --> 00:25:59,479
Speaker 1: Vice president Kamala Harris tested negative, but she canceled her

463
00:25:59,480 --> 00:26:02,879
Speaker 1: appearance and then Equal Pay events last evening at the

464
00:26:02,880 --> 00:26:05,639
Speaker 1: white House. Global News twenty four hours a day on

465
00:26:05,840 --> 00:26:08,840
Speaker 1: air and on Bloomberg Quick Take, powered by more than

466
00:26:08,920 --> 00:26:11,399
Speaker 1: twenty seven under journalist and analyst more than a hundred

467
00:26:11,440 --> 00:26:14,960
Speaker 1: twenty countries. Michael Barr, this is Bloomberg, John, Michael, thank you.

468
00:26:15,119 --> 00:26:18,399
Speaker 1: Six thirty six on Wall Street had a hunting down

469
00:26:18,440 --> 00:26:21,280
Speaker 1: for the Bloomberg Sports Update. Here's John Stasher. Thank John.

470
00:26:21,320 --> 00:26:25,160
Speaker 1: The Yankees uncharacteristically quiet before the lockout, but busy this week.

471
00:26:25,240 --> 00:26:27,280
Speaker 1: The Big Train of Minnesota brought them a new catcher,

472
00:26:27,400 --> 00:26:29,960
Speaker 1: two new infielders, and how a free agent signing a

473
00:26:30,080 --> 00:26:32,960
Speaker 1: re sunning the first base been Anthony Rizzo two years,

474
00:26:33,000 --> 00:26:35,800
Speaker 1: thirty two million. He can opt out after one. Rizzo,

475
00:26:35,960 --> 00:26:38,800
Speaker 1: a cancer survivor, had not gotten the vaccine at least

476
00:26:38,840 --> 00:26:42,000
Speaker 1: last year, and Aaron Judge was asked, if he's vaccinated.

477
00:26:42,080 --> 00:26:44,520
Speaker 1: That's a yes or no question. I'm still focused on

478
00:26:45,600 --> 00:26:49,000
Speaker 1: the first game spring training, so I think we'll we'll

479
00:26:49,040 --> 00:26:53,200
Speaker 1: cross that parage whenever you know the time come. But

480
00:26:53,359 --> 00:26:56,680
Speaker 1: right now, so many things could change, so I'm not

481
00:26:56,760 --> 00:26:59,000
Speaker 1: really too worried about that right now. Apparently the Kyrie

482
00:26:59,040 --> 00:27:01,480
Speaker 1: Irving rule will fly to met and Yankee players of

483
00:27:01,600 --> 00:27:04,280
Speaker 1: someone like Judge or Rizzo is unvaxed that can't play

484
00:27:04,320 --> 00:27:07,240
Speaker 1: home games or games in Toronto. It's making of Kyrie

485
00:27:07,320 --> 00:27:09,560
Speaker 1: a road game in Orlando. So he played, and he

486
00:27:09,840 --> 00:27:13,480
Speaker 1: was amazing. A twenty five point second quarter, a forty

487
00:27:13,560 --> 00:27:16,200
Speaker 1: one point first half of career high and nets record

488
00:27:16,320 --> 00:27:19,000
Speaker 1: sixty points, and Irving got taken out with eight and

489
00:27:19,000 --> 00:27:20,800
Speaker 1: hap minutes left in the next route of the magic

490
00:27:20,880 --> 00:27:23,399
Speaker 1: one fifty to one oh eight. If the Garden Rangers

491
00:27:23,440 --> 00:27:25,679
Speaker 1: win four three over ain't ah Hi Adam Box won

492
00:27:25,760 --> 00:27:28,359
Speaker 1: and overtime after Chris Pryor tied it. For this thirty

493
00:27:28,480 --> 00:27:31,080
Speaker 1: ninth of the year. Delos lost in Vancouver Islanders a

494
00:27:31,160 --> 00:27:34,680
Speaker 1: shootout loss in Washington. Career goal number seven sixty seven

495
00:27:34,760 --> 00:27:37,760
Speaker 1: for Alex Ovechkin moves in past yar Mariada in the

496
00:27:37,840 --> 00:27:40,480
Speaker 1: third all time behind Wayne Gretzky and Colody have a

497
00:27:40,600 --> 00:27:43,680
Speaker 1: Giant signed Tyrod Taylor to be their backup quarterback. This

498
00:27:43,760 --> 00:27:46,280
Speaker 1: will be his six team in the eleven year career.

499
00:27:46,400 --> 00:27:49,639
Speaker 1: Jets safety Marcus may Simon New Orleans. The Jets signed

500
00:27:49,680 --> 00:27:53,280
Speaker 1: to free agents safety Jordan Whitehead and cornerback d J.

501
00:27:54,000 --> 00:27:56,840
Speaker 1: John Stesshow of bloom Bird Sports Johnny all Right, John, Thanks,

502
00:27:57,200 --> 00:27:59,440
Speaker 1: coming up on five thirty eight on Wall Street, and

503
00:27:59,560 --> 00:28:01,280
Speaker 1: it's toime out to take a look at stocks, some

504
00:28:01,400 --> 00:28:03,560
Speaker 1: of the names that are moving in the pre market.

505
00:28:03,640 --> 00:28:07,160
Speaker 1: For that, we're joined by Bloomberg Radio and TV Markets

506
00:28:07,240 --> 00:28:12,399
Speaker 1: corresponding Pretty Gupta. Tomorrow is st Patrick's day, but pretty today,

507
00:28:12,920 --> 00:28:17,359
Speaker 1: there's lots of green on the screen. Clever, very clever.

508
00:28:17,720 --> 00:28:20,480
Speaker 1: That was good. That was a good one. And I

509
00:28:20,520 --> 00:28:21,920
Speaker 1: didn't know where you were going with that, but a

510
00:28:22,000 --> 00:28:25,720
Speaker 1: good one. Uh. I was like, what is he gonna

511
00:28:25,720 --> 00:28:29,160
Speaker 1: ask me? Well? Ten stocks that are not in the green,

512
00:28:29,240 --> 00:28:31,320
Speaker 1: and that's really significant here. You are seeing a fairly

513
00:28:31,359 --> 00:28:34,120
Speaker 1: broad rally in the during the morning. To your point,

514
00:28:34,240 --> 00:28:36,119
Speaker 1: let's talk about what isn't doing well. It's a lot

515
00:28:36,200 --> 00:28:39,000
Speaker 1: of those defense stocks have had a pretty blockbuster rally

516
00:28:39,040 --> 00:28:41,000
Speaker 1: in the last couple of weeks. A lot of that,

517
00:28:41,040 --> 00:28:44,400
Speaker 1: of course coming off of the situation in Ukraine, but

518
00:28:44,480 --> 00:28:47,480
Speaker 1: also Germany really looking to spend more and more on

519
00:28:47,560 --> 00:28:50,719
Speaker 1: their defense. The names like Lockeed Martin raytheon North of Gremman,

520
00:28:50,960 --> 00:28:53,600
Speaker 1: they've all been some of your high flying stocks today

521
00:28:53,680 --> 00:28:56,760
Speaker 1: though they are flying low. They are your laggards in

522
00:28:56,800 --> 00:28:59,280
Speaker 1: this market. Locke Martin in particular l m T s

523
00:28:59,320 --> 00:29:02,200
Speaker 1: your ticker down one point three percent. This comes after

524
00:29:02,280 --> 00:29:05,040
Speaker 1: the Pentagon set is going to request sixty one thirty

525
00:29:05,120 --> 00:29:07,840
Speaker 1: five and it's next budget that is thirty three fewer

526
00:29:08,280 --> 00:29:11,560
Speaker 1: stealth jets than previously planned. Excuse me, according to people

527
00:29:11,640 --> 00:29:14,640
Speaker 1: familiar with the spending blueprint, not great news, but it

528
00:29:14,760 --> 00:29:16,760
Speaker 1: is dragging down some of those other defense stocks. So

529
00:29:16,800 --> 00:29:18,760
Speaker 1: once again, north of Grumman, n o C is your

530
00:29:18,800 --> 00:29:22,040
Speaker 1: ticker down nine tenths of one percent. Raytheon as well

531
00:29:22,240 --> 00:29:25,120
Speaker 1: RTX as your taker, they're down four tenths of one percent.

532
00:29:25,600 --> 00:29:27,720
Speaker 1: But go beyond that, and most of it is in

533
00:29:27,840 --> 00:29:30,080
Speaker 1: the green, and a lot of it is actually concentrated

534
00:29:30,120 --> 00:29:34,440
Speaker 1: in tech semiconductors, for example, having a pretty good rally

535
00:29:34,560 --> 00:29:36,480
Speaker 1: this morning a m D for example, a m D

536
00:29:36,720 --> 00:29:38,120
Speaker 1: is also the ticker as well as the name of

537
00:29:38,200 --> 00:29:41,440
Speaker 1: the company, up two point seven per cent. You also

538
00:29:41,480 --> 00:29:44,000
Speaker 1: have lives of Nvidio, that big tech heavyweight n v

539
00:29:44,120 --> 00:29:46,680
Speaker 1: D as your ticker. They're up two point four percent,

540
00:29:46,840 --> 00:29:50,360
Speaker 1: and Micron M you is your ticker. They're up four

541
00:29:50,440 --> 00:29:53,240
Speaker 1: point four percent. They are also enjoying an upgrade to

542
00:29:53,440 --> 00:29:58,560
Speaker 1: outperform over at Bernstein announcing nine dollar price target. Just

543
00:29:58,720 --> 00:30:01,560
Speaker 1: like yesterday, that we're talking about a blood bath in China,

544
00:30:01,920 --> 00:30:04,800
Speaker 1: that's no longer the case, right, And that's probably where

545
00:30:04,840 --> 00:30:06,560
Speaker 1: a lot of that sentiment is coming from when it

546
00:30:06,600 --> 00:30:08,680
Speaker 1: comes to those technology names. Remember a lot of these

547
00:30:08,720 --> 00:30:11,520
Speaker 1: supply chains for Semis goes back into Asia, goes back

548
00:30:11,520 --> 00:30:14,120
Speaker 1: into China in particular. Well, overnight we know that there

549
00:30:14,160 --> 00:30:16,560
Speaker 1: has been that major sell off, a seventy six percent

550
00:30:16,640 --> 00:30:19,480
Speaker 1: drop in those Chinese a d rs from peak to trough.

551
00:30:20,040 --> 00:30:23,200
Speaker 1: You are actually seeing China take some active control, putting

552
00:30:23,200 --> 00:30:25,600
Speaker 1: a little bit more liquidity into the system and creating

553
00:30:26,000 --> 00:30:29,680
Speaker 1: a pretty large bounce back overnight in the Asian stock market.

554
00:30:30,000 --> 00:30:31,800
Speaker 1: And that's really where you're seeing a lot of these moves.

555
00:30:31,840 --> 00:30:33,840
Speaker 1: As well as the likes of Ali Baba j d

556
00:30:34,600 --> 00:30:37,360
Speaker 1: H ten cent Billy Billy. Those are all up today,

557
00:30:37,720 --> 00:30:40,240
Speaker 1: of course, contrasting to the pretty aggressive sell off we've

558
00:30:40,240 --> 00:30:42,680
Speaker 1: seen in the last couple of weeks. Pretty always a pleasure,

559
00:30:42,720 --> 00:30:46,240
Speaker 1: thank you. Bloomberg. Radio and TV markets corresponded pretty Gubta,

560
00:30:46,360 --> 00:30:48,440
Speaker 1: thank you for joining us. And as we look at

561
00:30:48,480 --> 00:30:51,880
Speaker 1: futures right now, don't better green on the screen, SMP

562
00:30:52,000 --> 00:30:55,800
Speaker 1: five futures right now a d let's see fifty two

563
00:30:55,880 --> 00:30:58,600
Speaker 1: points higher, that's up one of the quarter percent. The

564
00:30:58,680 --> 00:31:02,480
Speaker 1: down futures three hundred sixty one points, that's a one

565
00:31:02,560 --> 00:31:06,080
Speaker 1: percent rise. And the nazac Emni futures they were up

566
00:31:06,120 --> 00:31:09,600
Speaker 1: two hundred and forty six points, a rise of one

567
00:31:09,680 --> 00:31:14,120
Speaker 1: point eight percent in this morning's session. As far as

568
00:31:14,200 --> 00:31:17,160
Speaker 1: Treasury is, the tenure two point one six percent of

569
00:31:17,320 --> 00:31:23,480
Speaker 1: two basis points. This is Bloomberg and the Bloomberg weather

570
00:31:23,520 --> 00:31:26,560
Speaker 1: for today for meteorologist Rob Caroline Sunny and my old

571
00:31:26,720 --> 00:31:31,600
Speaker 1: highs aperture topping up at sixty five degrees tomorrow, occasional

572
00:31:31,720 --> 00:31:39,040
Speaker 1: light rain in the mid fifties. Markets, headlines and breaking

573
00:31:39,120 --> 00:31:41,960
Speaker 1: news twenty four hours a day at Bloomberg dot Com,

574
00:31:42,120 --> 00:31:45,640
Speaker 1: the Bloomberg Business apt and at Bloomberg Cricktape. This is

575
00:31:45,680 --> 00:31:54,600
Speaker 1: a Bloomberg Business lash and I'm Karen Moscow and US

576
00:31:54,680 --> 00:31:57,120
Speaker 1: dot Index futures are rising this morning, we get the

577
00:31:57,160 --> 00:32:00,400
Speaker 1: first word breaking news dance for today's morning call. Here's

578
00:32:00,440 --> 00:32:04,120
Speaker 1: Bill Maloney. Bill, good morning, and good morning, Karen. That's right.

579
00:32:04,240 --> 00:32:07,600
Speaker 1: US futures are surging right now, helped by China's pledge

580
00:32:07,640 --> 00:32:11,120
Speaker 1: to boost financial markets and to stimulate economic growth. To

581
00:32:11,280 --> 00:32:13,680
Speaker 1: futures curtally up three dred and seventy three points sys

582
00:32:13,800 --> 00:32:17,800
Speaker 1: He's gained fifty six. Nasdaq futures rise by two sixty

583
00:32:18,240 --> 00:32:21,120
Speaker 1: the US ten year old at two point one seven percent.

584
00:32:21,320 --> 00:32:24,280
Speaker 1: Gold and oil are both little changed, but Bitcoin trading

585
00:32:24,320 --> 00:32:27,440
Speaker 1: higher by two point four percent. Hong Kong rose nine

586
00:32:27,560 --> 00:32:30,480
Speaker 1: percent overnight. Well up markets are also in the green,

587
00:32:30,560 --> 00:32:33,440
Speaker 1: lad by three percent gains in France, Germany and Italy.

588
00:32:33,920 --> 00:32:36,240
Speaker 1: Back in the US on the Economic Frinday thirty retail

589
00:32:36,280 --> 00:32:39,320
Speaker 1: sales and at two o'clock the fom C rate decision.

590
00:32:39,800 --> 00:32:43,160
Speaker 1: In other news, Tesla suspended production at its Shanghai factory

591
00:32:43,520 --> 00:32:46,560
Speaker 1: and wrapping things up. Micron re staff perform at Bernstein

592
00:32:46,760 --> 00:32:49,920
Speaker 1: so Fi Technologies was cut to equo weights. Over at

593
00:32:50,000 --> 00:32:54,080
Speaker 1: Morgan Stanley Live from the First Bacon News descm Bill Maloney, Karen,

594
00:32:54,400 --> 00:32:56,440
Speaker 1: all right, Bill, thank you to hear live breaking news

595
00:32:56,520 --> 00:32:59,440
Speaker 1: over a Bloomberg type squawk on your terminal ascue You

596
00:32:59,600 --> 00:33:01,920
Speaker 1: a w UK and that's a Bloomberg business Flash. Now

597
00:33:02,000 --> 00:33:04,280
Speaker 1: here's Michael Barrow with more on what's going on around

598
00:33:04,280 --> 00:33:07,440
Speaker 1: the world. Michael Karen, thank you very much. The Ukrainian

599
00:33:07,480 --> 00:33:10,360
Speaker 1: proposal to become a neutral country but retain its own

600
00:33:10,680 --> 00:33:14,520
Speaker 1: armed forces could be viewed as a certain kind of compromise.

601
00:33:14,600 --> 00:33:19,000
Speaker 1: That's according to Fremlin's spokesman Dmitry Peskov, hinting at possible

602
00:33:19,080 --> 00:33:24,240
Speaker 1: progress in peace negotiations. Meanwhile, Ukrainian President Voladimir Zalinski will

603
00:33:24,280 --> 00:33:26,840
Speaker 1: make a rare a wartime address via foreign leader to

604
00:33:26,960 --> 00:33:29,680
Speaker 1: both chambers of Congress. He will plead with the US

605
00:33:29,760 --> 00:33:33,760
Speaker 1: lawmakers by video conference for more aid as Russia invades

606
00:33:33,840 --> 00:33:37,080
Speaker 1: his country. In the NBA, the Nets on the Road

607
00:33:37,160 --> 00:33:39,440
Speaker 1: be the Magic one fifty one away. Kyrie Irving put

608
00:33:39,520 --> 00:33:42,120
Speaker 1: up a sixty spot. In the NHL, the Rangers beat

609
00:33:42,120 --> 00:33:44,840
Speaker 1: the Ducks in overtime for three. The Islanders lost in

610
00:33:44,920 --> 00:33:47,360
Speaker 1: a shootout to the Capitals for three. The Devil's lost

611
00:33:47,560 --> 00:33:50,120
Speaker 1: the Bruins one and ot against the Blackhawks to one.

612
00:33:50,600 --> 00:33:53,160
Speaker 1: Global News twenty four hours a day on here and

613
00:33:53,400 --> 00:33:56,480
Speaker 1: on Bloomberg Quicktake, powered by more than twenty seven hundred

614
00:33:56,520 --> 00:33:59,200
Speaker 1: journalist analyst more than a hundred twenty countries at Michael

615
00:33:59,240 --> 00:34:02,200
Speaker 1: Barr and this is Boomberg Caring all right, Michael, thank you.

616
00:34:02,400 --> 00:34:04,960
Speaker 1: It is six forty nine on Wall Street. We turned

617
00:34:05,000 --> 00:34:07,680
Speaker 1: to news and science and technology now with the Bloomberg

618
00:34:07,800 --> 00:34:10,080
Speaker 1: n j I T STEM report brought to U buy

619
00:34:10,160 --> 00:34:13,040
Speaker 1: New Jersey Institute of Technology rank in the top two

620
00:34:13,120 --> 00:34:16,319
Speaker 1: percent nationally for alumni mid career earnings and number one

621
00:34:16,360 --> 00:34:19,400
Speaker 1: in the nation for student upward economic mobility. More at

622
00:34:19,520 --> 00:34:21,520
Speaker 1: n j I T DOT, E d U and now here.

623
00:34:21,600 --> 00:34:24,520
Speaker 1: So it's making news and science, technology, engineering, and math.

624
00:34:25,000 --> 00:34:28,239
Speaker 1: FISER has asked US regulators to approve a second coronavirus

625
00:34:28,320 --> 00:34:31,360
Speaker 1: booster shot for senior citizens. It's an attempt to protect

626
00:34:31,440 --> 00:34:35,440
Speaker 1: vulnerable adults when immunity provided by the first three doses decreases.

627
00:34:35,760 --> 00:34:38,560
Speaker 1: Fiser and its German partner by On Tech submitted data

628
00:34:38,600 --> 00:34:41,640
Speaker 1: from Israel, which started giving a fourth shot to older

629
00:34:41,680 --> 00:34:45,920
Speaker 1: people and healthcare workers last year. The CEO of Delta says,

630
00:34:46,040 --> 00:34:49,400
Speaker 1: as far as the travel industry is concerned, the coronavirus

631
00:34:49,520 --> 00:34:52,839
Speaker 1: crisis is effectively over. Speaking in London, and Bastion said

632
00:34:52,920 --> 00:34:55,400
Speaker 1: that Delta had the two busiest days for sales and

633
00:34:55,440 --> 00:34:58,360
Speaker 1: it's almost one hundred year history last week and this

634
00:34:58,560 --> 00:35:00,560
Speaker 1: is nothing that sneeze about. A corning to a new

635
00:35:00,600 --> 00:35:03,799
Speaker 1: study in the journal Nature Communications, Allergy season, weist start

636
00:35:03,880 --> 00:35:06,800
Speaker 1: weeks earlier and the many days later, and it'll be

637
00:35:06,920 --> 00:35:10,160
Speaker 1: worse while in Lass, with pollen levels that could as

638
00:35:10,239 --> 00:35:13,040
Speaker 1: much as triple in some places. Climate scientists at the

639
00:35:13,120 --> 00:35:15,880
Speaker 1: University of Michigan say it's because the climate change. They

640
00:35:15,920 --> 00:35:18,640
Speaker 1: say warmer weather allows plans to start blooming earlier and

641
00:35:18,760 --> 00:35:22,279
Speaker 1: keeps them blooming later. Meanwhile, additional carbon dioxide in the

642
00:35:22,320 --> 00:35:25,120
Speaker 1: air from burning fuels such as cold gasoline and natural

643
00:35:25,200 --> 00:35:28,800
Speaker 1: gas helps plants produce more pollen. And that's the Bloomberg

644
00:35:28,880 --> 00:35:31,359
Speaker 1: and j I t Stem report. John, I can't wait,

645
00:35:31,520 --> 00:35:33,800
Speaker 1: Thanks Karen. Just a few minutes ago, we got what

646
00:35:34,040 --> 00:35:38,840
Speaker 1: seemed like some promising headlines out of the Kremlin discussing

647
00:35:38,920 --> 00:35:43,800
Speaker 1: an Austria Sweden neutrality model for Ukraine. Also out of

648
00:35:43,800 --> 00:35:48,560
Speaker 1: the Kremlin neutral Ukraine with its own army, possible compromise option.

649
00:35:49,120 --> 00:35:51,560
Speaker 1: Let's get to dive a little deeper into these this morning.

650
00:35:51,560 --> 00:35:55,920
Speaker 1: Bloomberg Executive editor for International Government, Rosalind mathieson back with us.

651
00:35:56,480 --> 00:35:59,880
Speaker 1: So where do we stand on negotiations rose between Russia

652
00:36:00,040 --> 00:36:02,440
Speaker 1: and Ukraine? And what do we make of those headlines

653
00:36:02,480 --> 00:36:05,239
Speaker 1: that we've just got. Well, certainly it seems like they

654
00:36:05,280 --> 00:36:07,360
Speaker 1: are talking and they are actually putting a little bit

655
00:36:07,440 --> 00:36:10,800
Speaker 1: of meat on the table about what some sort of

656
00:36:10,920 --> 00:36:13,879
Speaker 1: compromise might look like. But obviously there are very big

657
00:36:14,000 --> 00:36:17,840
Speaker 1: gulfs that remain in terms of what Ukraine might suggest

658
00:36:17,960 --> 00:36:21,520
Speaker 1: or Russia would accept. Ukraine of course said it won't

659
00:36:21,560 --> 00:36:24,759
Speaker 1: see it any territory. It still wants more weapons and

660
00:36:24,840 --> 00:36:28,879
Speaker 1: support from NATO, it wants consideration to join the European Union,

661
00:36:28,960 --> 00:36:31,560
Speaker 1: and somewhere and all of that, they seem to be

662
00:36:31,640 --> 00:36:34,200
Speaker 1: hoping they can strike a deal with Russia that classes

663
00:36:34,239 --> 00:36:38,360
Speaker 1: them as neutral. What Russia is saying is that they're

664
00:36:38,520 --> 00:36:40,640
Speaker 1: looking at the idea of some sort of Swedish or

665
00:36:40,680 --> 00:36:44,719
Speaker 1: Austrian style neutrality that would allow, of course Ukraine to

666
00:36:44,840 --> 00:36:48,359
Speaker 1: retain its army. In the case of a Swedish model UM,

667
00:36:48,480 --> 00:36:51,640
Speaker 1: it would allow it to also keep producing weapons. But

668
00:36:52,640 --> 00:36:55,520
Speaker 1: how that would all work in practicality, It's it's very

669
00:36:55,600 --> 00:36:58,600
Speaker 1: hard to see. Because Ukraine immediately came out and said, well,

670
00:36:58,920 --> 00:37:00,719
Speaker 1: the only model that we would talk about would be

671
00:37:00,760 --> 00:37:04,480
Speaker 1: when you'd call Ukrainian um obviously therefore fit to purpose

672
00:37:04,600 --> 00:37:07,520
Speaker 1: just for us and not based on what another country

673
00:37:07,920 --> 00:37:09,799
Speaker 1: has experienced. So it sounds like they're kind of talking

674
00:37:09,840 --> 00:37:12,360
Speaker 1: themselves round in circles a little bit about what an

675
00:37:12,400 --> 00:37:15,799
Speaker 1: agreeable model would look like, let alone, then the terms

676
00:37:15,880 --> 00:37:18,959
Speaker 1: under which that might not just be put into place,

677
00:37:19,040 --> 00:37:21,319
Speaker 1: but would then continue to hold for any short any

678
00:37:21,360 --> 00:37:24,560
Speaker 1: period beyond a couple of days. And then there's Vladimir Putin.

679
00:37:24,640 --> 00:37:27,000
Speaker 1: I mean, the last I heard from him, he didn't

680
00:37:27,040 --> 00:37:31,080
Speaker 1: sell all that optimistic. Well, that's right, just as yesterday

681
00:37:31,120 --> 00:37:33,560
Speaker 1: he said that he didn't believe that Ukraine was negotiating

682
00:37:34,040 --> 00:37:36,440
Speaker 1: in good faith. So if you can meet those comments

683
00:37:36,520 --> 00:37:38,680
Speaker 1: and then less in a day later say that you're

684
00:37:38,719 --> 00:37:41,440
Speaker 1: moving towards some kind of understanding, you really have to

685
00:37:41,520 --> 00:37:44,600
Speaker 1: wonder whether they are really that close to an agreement.

686
00:37:44,719 --> 00:37:47,480
Speaker 1: Certainly Ukraine has been pushing at the very least for

687
00:37:47,600 --> 00:37:50,279
Speaker 1: a ceasefire that's broader in scope than what we've seen

688
00:37:50,800 --> 00:37:53,359
Speaker 1: so far, perhaps something that's nationwide and for a couple

689
00:37:53,400 --> 00:37:57,000
Speaker 1: of days to allow some further safe passage of people.

690
00:37:57,080 --> 00:37:59,160
Speaker 1: But getting a ceasefire is one thing, Getting a peace

691
00:37:59,160 --> 00:38:01,960
Speaker 1: still is another. Entirely, and certainly a piece still wouldn't

692
00:38:02,000 --> 00:38:04,920
Speaker 1: come to fruition unless the Russian president itself signed off

693
00:38:04,960 --> 00:38:07,759
Speaker 1: on it and talks are taking place today. Where are

694
00:38:07,800 --> 00:38:10,440
Speaker 1: we stand on there? Well, that's right, these officials have

695
00:38:10,520 --> 00:38:13,360
Speaker 1: been meeting. They've they've actually started meeting by video conference

696
00:38:13,400 --> 00:38:15,719
Speaker 1: instead of being in Paris, and it was taking too

697
00:38:15,800 --> 00:38:18,240
Speaker 1: long to trek to a neutral part of the border

698
00:38:18,320 --> 00:38:20,160
Speaker 1: to do so, so they've started to do these calls

699
00:38:20,239 --> 00:38:22,879
Speaker 1: every day via video conference. But they're still at sort

700
00:38:22,880 --> 00:38:26,680
Speaker 1: of a semi low level for officials. UM, these are

701
00:38:26,719 --> 00:38:29,279
Speaker 1: not senior ministers who we are meeting. Obviously, they're carrying

702
00:38:29,320 --> 00:38:33,160
Speaker 1: messages back through their capitals UM to hire people to discuss,

703
00:38:33,239 --> 00:38:35,279
Speaker 1: but they can't strike a deal themselves. They have to

704
00:38:35,320 --> 00:38:38,600
Speaker 1: sort of take those proposals back to senior officials to

705
00:38:38,880 --> 00:38:42,920
Speaker 1: to consider and perhaps make some proposals. So what we're

706
00:38:42,920 --> 00:38:45,520
Speaker 1: seeing today is probably like further message passing between those

707
00:38:45,560 --> 00:38:48,400
Speaker 1: lower level officials on this Bloomberg is thank you the

708
00:38:48,520 --> 00:38:51,799
Speaker 1: editor for International Government, Rosalind Matheson Rose, thanks very much.

709
00:38:51,800 --> 00:38:54,680
Speaker 1: We appreciate it. We're alying from the Bloomberg interact or

710
00:38:54,719 --> 00:38:58,799
Speaker 1: Broker Studios. It is six fifty four Wall Street time

711
00:38:58,840 --> 00:39:02,200
Speaker 1: to check what's going on in d C. Ukrainian President

712
00:39:02,239 --> 00:39:05,759
Speaker 1: of Vladimer Zelenski set to deliver a virtual address to

713
00:39:05,960 --> 00:39:08,680
Speaker 1: Congress today, and then President Biden he's going to travel

714
00:39:08,719 --> 00:39:11,359
Speaker 1: to Europe for a NATO and European Union summits next week.

715
00:39:11,480 --> 00:39:13,840
Speaker 1: And President Biden's picked the top of the US banking

716
00:39:13,960 --> 00:39:19,799
Speaker 1: regulator running aground. And UH bring in right now from

717
00:39:20,120 --> 00:39:27,359
Speaker 1: the Bloomberg Washington headquarters. UH, Emily Wilkinson, Bloomberg Government reporter. Wilkins, Uh,

718
00:39:27,520 --> 00:39:30,400
Speaker 1: Bloomberg Government reporter with the very latest. Let's start with

719
00:39:30,520 --> 00:39:34,239
Speaker 1: the Zelenski delivering this virtual address to Congress. You're you're

720
00:39:34,239 --> 00:39:37,239
Speaker 1: gonna be in the room too, write I will, yes,

721
00:39:37,719 --> 00:39:39,879
Speaker 1: I'll be in the room. It's gonna be lawmakers, House

722
00:39:40,080 --> 00:39:44,040
Speaker 1: and Senate, Republicans and Democrats. And this is a group

723
00:39:44,120 --> 00:39:47,320
Speaker 1: of individuals who has a lot of support for Zelenski,

724
00:39:47,400 --> 00:39:50,400
Speaker 1: who wants to do almost everything they can to be

725
00:39:50,520 --> 00:39:53,839
Speaker 1: able to deliver on what he is going to ask for. Uh.

726
00:39:54,080 --> 00:39:56,400
Speaker 1: We know we're from reporting from the New York Times

727
00:39:56,440 --> 00:39:59,160
Speaker 1: that Ukrainian officials do plan to present the US with

728
00:39:59,239 --> 00:40:01,839
Speaker 1: a list of milk her equipment they need, including armed

729
00:40:01,920 --> 00:40:05,480
Speaker 1: drones and mobile air defense systems. But at this point

730
00:40:05,600 --> 00:40:07,880
Speaker 1: Washington is not going to be able to give Zelenski

731
00:40:08,000 --> 00:40:11,600
Speaker 1: everything he wants. UH. There's still concerns about setting up

732
00:40:11,640 --> 00:40:14,200
Speaker 1: a no fly zone UM. And while there's a growing

733
00:40:14,320 --> 00:40:17,040
Speaker 1: desire among lawmakers to find a way to get Ukraine

734
00:40:17,120 --> 00:40:20,120
Speaker 1: that the mag twenty nine fighter jets, UH, it's an

735
00:40:20,160 --> 00:40:23,279
Speaker 1: idea that the White House has continued to reject. And

736
00:40:23,360 --> 00:40:25,600
Speaker 1: so it's going to be interesting to see the dynamics

737
00:40:25,680 --> 00:40:28,680
Speaker 1: play out here between what Zelenski is asking of Congress,

738
00:40:28,760 --> 00:40:31,000
Speaker 1: what Congress is willing to give, and sort of how

739
00:40:31,120 --> 00:40:34,480
Speaker 1: that moves the Biden administration in terms of what kind

740
00:40:34,520 --> 00:40:37,160
Speaker 1: of aid they're thinking about providing. We saw the Wall

741
00:40:37,239 --> 00:40:40,680
Speaker 1: Street Journal report yesterday that the Biden administration is going

742
00:40:40,760 --> 00:40:44,279
Speaker 1: to announce more than one billion dollars in new military assistance.

743
00:40:44,360 --> 00:40:46,200
Speaker 1: We know that Biden is going to be speaking a

744
00:40:46,239 --> 00:40:48,759
Speaker 1: little bit later this morning. But one thing to really

745
00:40:48,800 --> 00:40:51,120
Speaker 1: note John is is that to a certain extent, Congress

746
00:40:51,200 --> 00:40:54,399
Speaker 1: has been the lead here on getting Zelenski the aid

747
00:40:54,480 --> 00:40:56,640
Speaker 1: that he has requesting for Ukraine. They were the first

748
00:40:56,719 --> 00:40:58,719
Speaker 1: to move on the oil band, they were the first

749
00:40:58,760 --> 00:41:01,920
Speaker 1: to move on normalizing aid relations, which they're still working on.

750
00:41:02,120 --> 00:41:05,200
Speaker 1: For that second point, but definitely going to be keeping

751
00:41:05,280 --> 00:41:08,440
Speaker 1: of a close close eye on what the ask is

752
00:41:08,480 --> 00:41:12,520
Speaker 1: going to be and how much pressure lawmakers want to

753
00:41:12,560 --> 00:41:14,600
Speaker 1: put on the White House to ensure their delivering it.

754
00:41:14,840 --> 00:41:17,759
Speaker 1: They're real quick underscoring the importance of all is the

755
00:41:17,800 --> 00:41:22,480
Speaker 1: president is traveling next week. Yeah, we'll be going to Brussels.

756
00:41:22,719 --> 00:41:25,520
Speaker 1: He'll be attending a NATO and use summits. And this

757
00:41:25,640 --> 00:41:28,080
Speaker 1: comes at a time, of course, the Biden's goal for

758
00:41:28,160 --> 00:41:31,879
Speaker 1: the whole duration of this conflict has been to really

759
00:41:32,200 --> 00:41:35,400
Speaker 1: move with his European allies to sort of have everyone

760
00:41:35,520 --> 00:41:38,520
Speaker 1: present a very united front, and I think this trip

761
00:41:38,760 --> 00:41:42,560
Speaker 1: is an extension of that goal for the Biden administration. Alright,

762
00:41:42,719 --> 00:41:45,280
Speaker 1: how does this play with the mid term elections? Real quick, Emily.

763
00:41:46,680 --> 00:41:48,839
Speaker 1: I mean, at this point it's it's a little too

764
00:41:48,920 --> 00:41:51,760
Speaker 1: soon to tell, but we are seeing Biden's poll numbers rising.

765
00:41:52,320 --> 00:41:54,600
Speaker 1: We know that a majority of Americans are fine with

766
00:41:54,680 --> 00:41:57,720
Speaker 1: higher gas prices, if that means that they are supporting Ukraine.

767
00:41:57,920 --> 00:42:00,080
Speaker 1: I was talking with a lawmaker yesterday who said that,

768
00:42:00,120 --> 00:42:02,399
Speaker 1: you know, American people are are very much on board

769
00:42:02,480 --> 00:42:04,600
Speaker 1: that there's stick to their stomachs with the images that

770
00:42:04,680 --> 00:42:08,320
Speaker 1: they're seen, and lawmakers in Washington are really feeling that

771
00:42:08,480 --> 00:42:11,960
Speaker 1: sentiment and only thanks a lot appreciate it. Bloomberg reporter

772
00:42:12,040 --> 00:42:14,719
Speaker 1: Emily Wilkins just programming that we're going to carry the

773
00:42:14,800 --> 00:42:18,400
Speaker 1: Ukrainian President's addrasted Congress that starts right around nine o'clock

774
00:42:18,680 --> 00:42:21,279
Speaker 1: Wall Street time. You can hear in on Bloomberg Radio.

775
00:42:21,360 --> 00:42:24,560
Speaker 1: Watch it also on Bloomberg Television ahead of the cash

776
00:42:24,680 --> 00:42:27,759
Speaker 1: open on Wall Street. Futures solidly in the green this morning.

777
00:42:27,800 --> 00:42:30,520
Speaker 1: The now features that are UND three hundred sixty two

778
00:42:30,560 --> 00:42:34,920
Speaker 1: points ryans of one percent, the smb emity futures fifty

779
00:42:34,960 --> 00:42:37,200
Speaker 1: three points higher. That's the rinse of one at a

780
00:42:37,280 --> 00:42:41,040
Speaker 1: quarter percent, and then as the features up two hundred

781
00:42:41,120 --> 00:42:45,120
Speaker 1: and forty points up one point eight percent. You've been

782
00:42:45,160 --> 00:42:46,960
Speaker 1: listening the Bloomberg Daybreak