1 00:00:01,120 --> 00:00:04,800 Speaker 1: By from the Bloomberg Interactive Brooker Studios is Bloomberg Daybreak 2 00:00:04,840 --> 00:00:09,280 Speaker 1: for Monday, January two. Coming up this hour, the US 3 00:00:09,400 --> 00:00:12,560 Speaker 1: orders families of diplomats to leave Ukraine as tensions with 4 00:00:12,680 --> 00:00:15,520 Speaker 1: Russia mount. On Wall Street, stop future Slump as the 5 00:00:15,640 --> 00:00:18,599 Speaker 1: sell off looks to continue, Coldman Sachs comes out with 6 00:00:18,640 --> 00:00:21,960 Speaker 1: a hawkish forecast for FED policy, and Dr Anthony Fauci 7 00:00:22,079 --> 00:00:25,640 Speaker 1: says the omicron outbreak but soon. New York City is 8 00:00:25,680 --> 00:00:28,400 Speaker 1: reeling from the deadly shooting of the police officer. Plus 9 00:00:28,640 --> 00:00:32,320 Speaker 1: trial begins for three x Minneapolis policemen involved in George 10 00:00:32,360 --> 00:00:35,640 Speaker 1: Floyd's death. High Michael Barr More Ahead, I'm John Stash. 11 00:00:35,680 --> 00:00:38,040 Speaker 1: Aaron sports that Jeans beat the Pills in an epic 12 00:00:38,080 --> 00:00:40,640 Speaker 1: playoff game, the Rams beat the Bucks, the nixt one, 13 00:00:40,680 --> 00:00:45,479 Speaker 1: the Nets, and Devil's Law. That's all straight ahead on 14 00:00:45,680 --> 00:00:51,440 Speaker 1: Bloomberg Daybreak on Bloomberg eleven three, on New York, Bloomberg one, Washington, 15 00:00:51,560 --> 00:00:55,640 Speaker 1: d C, Bloomberg one of six one, Boston, Bloomberg nine sixties, 16 00:00:55,680 --> 00:00:59,680 Speaker 1: San Francisco, Sirius x M one nineteen and around the 17 00:00:59,680 --> 00:01:03,080 Speaker 1: world on Bloomberg Radio dot Com and via the Bloomberg 18 00:01:03,120 --> 00:01:09,920 Speaker 1: Business and good morning. I'm Karen Moscow. I'm Nathan Hagar. 19 00:01:09,959 --> 00:01:13,080 Speaker 1: Bloomberg Daybreak brought to you by Interactive Brokers Global Analysts. 20 00:01:13,080 --> 00:01:16,080 Speaker 1: Global Analysts helps you find new global investment opportunities. To 21 00:01:16,120 --> 00:01:20,160 Speaker 1: diversify your portfolio and discover undervalued companies. Try Global Analysts 22 00:01:20,160 --> 00:01:22,960 Speaker 1: today at I b k R dot com. Slash g 23 00:01:23,200 --> 00:01:26,760 Speaker 1: A and futures are lower this morning after last week 24 00:01:26,880 --> 00:01:29,000 Speaker 1: sell off six o one on Wall Street. We checked 25 00:01:29,000 --> 00:01:31,520 Speaker 1: the markets every fifteen minutes throughout the trading day. On 26 00:01:31,560 --> 00:01:34,920 Speaker 1: Bloomberg SMP future is down about sixteen points down, futures 27 00:01:34,920 --> 00:01:38,800 Speaker 1: down eight seven, NASDAG futures down eighty two. The tenure 28 00:01:38,800 --> 00:01:41,840 Speaker 1: Treasury up nine thirty seconds, yield one point seven two percent. 29 00:01:42,200 --> 00:01:45,040 Speaker 1: Yield on the two year point nine nine percent. Ninemex 30 00:01:45,080 --> 00:01:48,480 Speaker 1: screwed oil is down about two ten percent, and bitcoin 31 00:01:48,760 --> 00:01:51,920 Speaker 1: is down five point six percent. Nathan, all right, Karen, 32 00:01:51,920 --> 00:01:53,480 Speaker 1: We'll have more on markets in a minute, but we 33 00:01:53,560 --> 00:01:56,480 Speaker 1: begin with the latest geopolitical tensions between the White House 34 00:01:56,480 --> 00:01:59,800 Speaker 1: and Moscow, concerns over a Russian invasion of Ukraine and 35 00:02:00,160 --> 00:02:03,360 Speaker 1: US taking steps to protect Americans in the country. Amy 36 00:02:03,400 --> 00:02:07,240 Speaker 1: Morris has the latest from our Bloomberg newsroom in Washington. 37 00:02:07,480 --> 00:02:11,280 Speaker 1: Washington ordered diplomats families to leave Ukraine. The UK withdrawing 38 00:02:11,320 --> 00:02:14,200 Speaker 1: about half of its embassy staff and their families. EU 39 00:02:14,320 --> 00:02:17,120 Speaker 1: ministers are talking with Secretary of State Anthony B. Lincoln 40 00:02:17,280 --> 00:02:20,320 Speaker 1: about next steps. They're prepared to say that any further 41 00:02:20,400 --> 00:02:24,440 Speaker 1: military aggression by Russia will have quote massive consequences and 42 00:02:24,639 --> 00:02:28,480 Speaker 1: severe costs. This as President Biden is reportedly weighing whether 43 00:02:28,520 --> 00:02:31,280 Speaker 1: to send troops to Eastern Europe to support NATO allies. 44 00:02:31,560 --> 00:02:33,840 Speaker 1: The New York Times reports that would involve up to 45 00:02:33,880 --> 00:02:37,679 Speaker 1: five thousand troops plus warships and aircraft. In Washington, I 46 00:02:37,760 --> 00:02:40,480 Speaker 1: maybe Morris Bloomberg Daybreak, All right, Amy, thank you. While 47 00:02:40,520 --> 00:02:43,280 Speaker 1: Secretary of State Anthony blancoln is speaking out on the 48 00:02:43,280 --> 00:02:47,000 Speaker 1: pending conflict with Russia. He's rejecting pressure to escalate sanctions 49 00:02:47,000 --> 00:02:49,880 Speaker 1: on Moscow, saying it would limit his options in the future. 50 00:02:50,280 --> 00:02:53,959 Speaker 1: The purpose of those sanctions is to deter Russian aggression, 51 00:02:54,440 --> 00:02:57,280 Speaker 1: and so if they're if they're triggered now, you lose 52 00:02:57,320 --> 00:03:00,200 Speaker 1: the detern effect. And Anthony Blanken made the com it's 53 00:03:00,240 --> 00:03:03,320 Speaker 1: on NBC's Meet the Press, or in Sundays on Bloomberg Radio, 54 00:03:03,520 --> 00:03:06,080 Speaker 1: let's turn back to markets now, Karen, where US futures 55 00:03:06,120 --> 00:03:09,000 Speaker 1: are slumping once again. Last week sell off shows no 56 00:03:09,160 --> 00:03:12,560 Speaker 1: sign of slowing. Bloomberg's John Tucker joins US Live with 57 00:03:12,600 --> 00:03:15,680 Speaker 1: the latest. John, Good morning, name in the NASTAC one hundred, 58 00:03:15,720 --> 00:03:18,000 Speaker 1: coming off its worst week since the start of the 59 00:03:18,000 --> 00:03:21,720 Speaker 1: pandemic in March of twenty the end of central bank stimulus, 60 00:03:21,800 --> 00:03:25,200 Speaker 1: as many rethinking their outlooks. The FETE decision on Wednesday 61 00:03:25,320 --> 00:03:28,200 Speaker 1: is expected to signal a March interest rated hike and 62 00:03:28,280 --> 00:03:31,040 Speaker 1: a balance sheet reduction later this year. The U S 63 00:03:31,040 --> 00:03:35,560 Speaker 1: stocks have historically performed well during rate hike cycles. They've risen. 64 00:03:35,600 --> 00:03:38,760 Speaker 1: They at an average annualized rate of nine percent during 65 00:03:38,960 --> 00:03:42,440 Speaker 1: all hiking cycles since the nineteen fifties. But that's no 66 00:03:42,520 --> 00:03:45,600 Speaker 1: comfort this morning. The NASDEK futures right now, they are 67 00:03:45,720 --> 00:03:50,040 Speaker 1: down sixty eight points and still strategists do remain optimistic. 68 00:03:50,320 --> 00:03:53,560 Speaker 1: On average, they project the SMP five hundred will finish 69 00:03:53,560 --> 00:03:56,040 Speaker 1: the year just shy of five thousand. It will be 70 00:03:56,600 --> 00:03:59,720 Speaker 1: percent above Friday's closing level. Line to New York. I'm 71 00:03:59,800 --> 00:04:02,840 Speaker 1: John Tucker, Bloomberg Daybreak. All right, John, thank you all, 72 00:04:02,840 --> 00:04:05,160 Speaker 1: as we wait for a Wednesday's FED decision. One Wall 73 00:04:05,160 --> 00:04:07,600 Speaker 1: Street Bank is out with a hawkish forecast. If we 74 00:04:07,640 --> 00:04:09,600 Speaker 1: get the latest lie from Bloomberg Shore, I need a 75 00:04:09,640 --> 00:04:12,280 Speaker 1: young good morning, ready to good morning, Karen Goldman. SAX 76 00:04:12,320 --> 00:04:15,880 Speaker 1: economists say the FIT could tighten policy more aggressively than 77 00:04:15,920 --> 00:04:21,160 Speaker 1: anticipated their clocking rates increases in March, June, September, and December, 78 00:04:21,400 --> 00:04:23,400 Speaker 1: and for the Central Bank to announce the start of 79 00:04:23,400 --> 00:04:27,520 Speaker 1: a balance sheet reduction in July. Goldman economists are concerned 80 00:04:27,560 --> 00:04:31,640 Speaker 1: because the omicron variant is prolonging supplied demand imbalances, and 81 00:04:31,720 --> 00:04:35,600 Speaker 1: there's continued strength and wage growth, which together could increase 82 00:04:35,680 --> 00:04:39,400 Speaker 1: ongoing inflation pressures. Live in New York. I'm gonna need 83 00:04:39,400 --> 00:04:41,919 Speaker 1: a young Bloomberg daybreak, and we need an anticipation of 84 00:04:41,960 --> 00:04:45,120 Speaker 1: tighter policy from the Fed is also weighing on Bitcoin. That, 85 00:04:45,320 --> 00:04:47,240 Speaker 1: combined with word that the White House is preparing a 86 00:04:47,320 --> 00:04:50,640 Speaker 1: strategy for digital assets, has Bitcoin hitting a low of 87 00:04:50,680 --> 00:04:54,240 Speaker 1: thirty four thousand over the weekend. The cryptocurrency is down 88 00:04:54,240 --> 00:04:56,839 Speaker 1: nearly fifty percent from its all time high in November, 89 00:04:56,839 --> 00:05:00,440 Speaker 1: and checking Bitcoin now, it's at thirty three one d dollars. 90 00:05:00,880 --> 00:05:03,599 Speaker 1: Let's turn to the pandemic now. Nathan us COVID cases 91 00:05:03,640 --> 00:05:06,039 Speaker 1: appear to be leveling off, and there's hope the numbers 92 00:05:06,040 --> 00:05:09,599 Speaker 1: could soon start heading south. Dr Anthony Faunci says this 93 00:05:09,680 --> 00:05:12,719 Speaker 1: surge could be nearing its peak, but if the pattern 94 00:05:13,279 --> 00:05:16,640 Speaker 1: follows the trend that we're seeing in other places, things 95 00:05:16,680 --> 00:05:18,919 Speaker 1: are looking good. We don't want to get over confident, 96 00:05:19,320 --> 00:05:21,000 Speaker 1: but they all look like they're going in the right 97 00:05:21,040 --> 00:05:23,680 Speaker 1: direction right now. Dr Faunci made the comments on a 98 00:05:23,800 --> 00:05:27,159 Speaker 1: DC's This Week ord Sundays on Bloomberg Radio well COVID's 99 00:05:27,160 --> 00:05:29,400 Speaker 1: Front and Center in Europe. This morning, Karen is British 100 00:05:29,440 --> 00:05:32,880 Speaker 1: Prime Minister Boris Johnson faces his most crucial weekend office. 101 00:05:33,240 --> 00:05:34,960 Speaker 1: Let's go live to London and get the latest from 102 00:05:34,960 --> 00:05:37,800 Speaker 1: Bloomberg's U and Potts. Good morning you, and in fact 103 00:05:37,880 --> 00:05:41,159 Speaker 1: it's Max Ramsey head morning, Good morning Mason, and Karen said. 104 00:05:41,200 --> 00:05:43,919 Speaker 1: Battles on multiple fronts for Boris Johnson. We await the 105 00:05:43,920 --> 00:05:47,160 Speaker 1: results of an investigation from a senior civil servant into 106 00:05:47,240 --> 00:05:52,000 Speaker 1: apparently lockdown breaking part parties in Downing Street. Also, the 107 00:05:52,040 --> 00:05:54,680 Speaker 1: conduct of the government's whips is in questions that these 108 00:05:54,680 --> 00:05:57,080 Speaker 1: are loanmakers who are in charge of discipline within the 109 00:05:57,080 --> 00:06:01,440 Speaker 1: Prime Minister's Conservative Party. They're facing allegations of amail and Islamophobia, 110 00:06:01,480 --> 00:06:03,760 Speaker 1: both of which they're denying, but are so far breas 111 00:06:03,839 --> 00:06:06,120 Speaker 1: Johnson has managed to keep rebellions from his party from 112 00:06:06,160 --> 00:06:09,680 Speaker 1: growing too overwhelming. But really a challenging week to come 113 00:06:09,760 --> 00:06:12,400 Speaker 1: for the Prime Minister. Live in London, Max Ramsey bloom 114 00:06:12,440 --> 00:06:14,640 Speaker 1: Back daybreak. All right, Max, thank you. While back here 115 00:06:14,640 --> 00:06:16,719 Speaker 1: in the US, some corporate news to get you caught 116 00:06:16,800 --> 00:06:19,480 Speaker 1: up on shares. The Coals are up twenty nine percent. 117 00:06:19,600 --> 00:06:22,880 Speaker 1: The department store chain is fielding interests from two potential buyers. 118 00:06:23,160 --> 00:06:26,400 Speaker 1: Sources say the latest bid comes from Sycamore Partners. Earlier, 119 00:06:26,440 --> 00:06:29,880 Speaker 1: another bitter backed by hedge fund Starboard Value, offered nine 120 00:06:29,920 --> 00:06:33,560 Speaker 1: billion dollars for Coals. Activist investors have been pressuring Coals 121 00:06:33,600 --> 00:06:36,360 Speaker 1: to sell, and Peloton shares are up one percent. Karen 122 00:06:36,360 --> 00:06:39,279 Speaker 1: Bloomberg News has learned an activist investor will push Peloton 123 00:06:39,360 --> 00:06:42,080 Speaker 1: to fire at CEO and try to sell itself. Blackwell's 124 00:06:42,120 --> 00:06:44,240 Speaker 1: Capital has less than a five percent stake in the 125 00:06:44,240 --> 00:06:48,080 Speaker 1: fitness company. Pelotons shares have plunged more than eighty percent 126 00:06:48,200 --> 00:06:50,240 Speaker 1: from their all time high a year ago, and on 127 00:06:50,279 --> 00:06:52,719 Speaker 1: the economic front today, Nathan and News survey shows a 128 00:06:52,720 --> 00:06:55,599 Speaker 1: build up of US inflation and labor shortages. The National 129 00:06:55,600 --> 00:06:58,800 Speaker 1: Association for Business Economics set more than a half of 130 00:06:58,800 --> 00:07:01,960 Speaker 1: the company surveyed bosted prices in the fourth quarter. That's 131 00:07:02,000 --> 00:07:05,040 Speaker 1: the highest in the surveys forty year history. On top 132 00:07:05,080 --> 00:07:08,000 Speaker 1: of that, more than expect higher wage costs in the 133 00:07:08,040 --> 00:07:12,600 Speaker 1: next three months. Futures this morning are falling in straight ahead, 134 00:07:12,640 --> 00:07:16,160 Speaker 1: your latest local headlines, plus the check of sports, and 135 00:07:16,480 --> 00:07:24,520 Speaker 1: this is Bloomberg. Thanks Karen. At six oh seven on 136 00:07:24,560 --> 00:07:27,200 Speaker 1: Wall Street where thirty degrees in Central Park still dealing 137 00:07:27,240 --> 00:07:29,360 Speaker 1: with an accident on the westbound Belt Parkway headed to 138 00:07:29,440 --> 00:07:32,600 Speaker 1: JFK the tails coming up in traffic. First Michael Barr 139 00:07:32,640 --> 00:07:34,520 Speaker 1: with what else is going on in New York and 140 00:07:34,560 --> 00:07:36,840 Speaker 1: around the world. Michael, thank you very much. Nathan. New 141 00:07:36,920 --> 00:07:40,360 Speaker 1: York City is preparing to later rest a rookie police 142 00:07:40,440 --> 00:07:44,040 Speaker 1: officer killed last week. Funeral services for twenty two year 143 00:07:44,040 --> 00:07:47,520 Speaker 1: old New York City police officer Jason Rivera are being finalized. 144 00:07:47,840 --> 00:07:51,840 Speaker 1: Rivera and officer Wilbert More were shot Friday night while 145 00:07:51,840 --> 00:07:54,560 Speaker 1: answering a call about an argument between a woman and 146 00:07:54,640 --> 00:07:57,960 Speaker 1: her adult son in Harlem. Moura was wounded and is 147 00:07:58,040 --> 00:08:00,840 Speaker 1: fighting for his life. The man police you say shot 148 00:08:00,920 --> 00:08:04,840 Speaker 1: them also was wounded by a third responding officer. New 149 00:08:04,920 --> 00:08:07,520 Speaker 1: York City Mayor Eric Adams vows to take action to 150 00:08:07,560 --> 00:08:11,239 Speaker 1: address not just the latest police shooting, but crime in general. 151 00:08:11,440 --> 00:08:14,840 Speaker 1: This is a sea of crime that's been fed by 152 00:08:14,920 --> 00:08:17,840 Speaker 1: many rivers, and we have to damn each one of 153 00:08:17,880 --> 00:08:20,680 Speaker 1: those rivers, and we have been unsuccessful to do so 154 00:08:21,160 --> 00:08:24,600 Speaker 1: throughout the years. These crimes, they not thought um during 155 00:08:24,640 --> 00:08:27,440 Speaker 1: my administration, to have been here for far too long 156 00:08:27,680 --> 00:08:30,720 Speaker 1: and many parts of our community. Mayor Adams on CNN 157 00:08:30,840 --> 00:08:34,120 Speaker 1: also mentioned another high profile crime that occurred more than 158 00:08:34,160 --> 00:08:36,680 Speaker 1: a week ago. A forty year old woman on a 159 00:08:36,720 --> 00:08:40,440 Speaker 1: subway platform in Times Square, Michelle Go was shoved in 160 00:08:40,520 --> 00:08:43,600 Speaker 1: front of an incoming train by a mentally ill homeless man. 161 00:08:44,120 --> 00:08:46,640 Speaker 1: General leeber Is, the CEO of the m t A, 162 00:08:46,920 --> 00:08:50,760 Speaker 1: but a relatively small number of mentally ill homeless, but 163 00:08:51,080 --> 00:08:54,359 Speaker 1: their impact on the subway system and on the ridership 164 00:08:54,760 --> 00:08:58,920 Speaker 1: and God forbid, on safety is disproportionate. The m t 165 00:08:59,080 --> 00:09:01,719 Speaker 1: a's General Eibers says, the fact that had happened and 166 00:09:01,760 --> 00:09:05,120 Speaker 1: one of the most iconic spots emphasizes the problem New 167 00:09:05,200 --> 00:09:08,679 Speaker 1: York City faces. Opening statements begin today in the federal 168 00:09:08,720 --> 00:09:12,960 Speaker 1: trial for three former Minneapolis police officers charged with violating 169 00:09:12,960 --> 00:09:16,480 Speaker 1: George Floyd's civil rights as Derek Chauvin pinned his neck 170 00:09:16,520 --> 00:09:19,200 Speaker 1: to the street. All three a charge for failing to 171 00:09:19,240 --> 00:09:23,480 Speaker 1: provide Floyd with medical care. The adult film actress who 172 00:09:23,640 --> 00:09:27,320 Speaker 1: made lawyer Michael Lavenati famous four years ago, will be 173 00:09:27,360 --> 00:09:30,400 Speaker 1: the key witness in the New York courtroom. Prosecutors are 174 00:09:30,440 --> 00:09:33,840 Speaker 1: trying to prove Avonati cheated Stormy Daniels of three hundred 175 00:09:33,880 --> 00:09:37,400 Speaker 1: thousand dollars in book proceeds. Opening statements are scheduled for today. 176 00:09:37,960 --> 00:09:41,040 Speaker 1: Jury selection begins today in New York for former Alaska 177 00:09:41,080 --> 00:09:45,560 Speaker 1: governor and vice presidential candidate Sarah Palin's lawsuit against The 178 00:09:45,559 --> 00:09:49,520 Speaker 1: New York Times. Palin accuses the Times of defamation over 179 00:09:50,679 --> 00:09:54,080 Speaker 1: editorial Global news twenty four hours a day on air 180 00:09:54,200 --> 00:09:57,320 Speaker 1: and on Bloomberg Quick Take, powered by more than twenty 181 00:09:57,360 --> 00:10:01,520 Speaker 1: seven under journalist and analysts more than trees. Michael Bard, 182 00:10:01,559 --> 00:10:08,400 Speaker 1: this is Bloomberg Nather. Thank you, Michael. Come up to 183 00:10:08,440 --> 00:10:10,520 Speaker 1: sixth CEN on Wall Street time for the Bloomberg Sports 184 00:10:10,559 --> 00:10:13,200 Speaker 1: Update with John Stshowner and Nathan Has there ever been 185 00:10:13,240 --> 00:10:16,120 Speaker 1: a more exciting NFL playoff game Bills and Chiefs. Just 186 00:10:16,280 --> 00:10:19,120 Speaker 1: in the final two minutes of regulation, they scored twenty 187 00:10:19,160 --> 00:10:22,440 Speaker 1: five points, had three lead changes twice. The Bills thought 188 00:10:22,440 --> 00:10:24,520 Speaker 1: they had won with a Josh Allen touchdown past to 189 00:10:24,600 --> 00:10:27,160 Speaker 1: Gabriel David's who caught four on the night, but they 190 00:10:27,240 --> 00:10:30,480 Speaker 1: kept leaving Kansas anytime, even when Buffalo scored a go 191 00:10:30,480 --> 00:10:34,280 Speaker 1: ahead TV with only thirteen seconds ago, enough time for 192 00:10:34,360 --> 00:10:37,079 Speaker 1: Patrick Mahomes. Two completions got the Chiefs in position for 193 00:10:37,120 --> 00:10:39,600 Speaker 1: a game time field goal. They went to overtime. Kansas 194 00:10:39,640 --> 00:10:43,160 Speaker 1: City won the coin flip and then the game. Maholmes 195 00:10:43,200 --> 00:10:45,480 Speaker 1: looks to throw it up, taking right side. He wants 196 00:10:45,559 --> 00:10:51,880 Speaker 1: a cupboard that is called Mike Kelsey down kids sitting 197 00:10:52,200 --> 00:10:54,920 Speaker 1: one of the greatest DULs in the history of the 198 00:10:55,000 --> 00:11:00,360 Speaker 1: National Football League. Patrick Maholmes to Travis Charlsey, the stake 199 00:11:00,520 --> 00:11:05,400 Speaker 1: come back in the Chiefs one that's incredible. Divisional playoff 200 00:11:05,480 --> 00:11:09,240 Speaker 1: game forty two to thirty six Chiefs Radio, Mahomes and 201 00:11:09,400 --> 00:11:14,120 Speaker 1: Allen a classic quarterback duel. They combined for sixty completions 202 00:11:14,160 --> 00:11:17,079 Speaker 1: over seven hundred yards, seven touchdowns on a hundred thirty 203 00:11:17,080 --> 00:11:20,240 Speaker 1: seven rushing yards. It's mahomes on. The Chiefs will host 204 00:11:20,240 --> 00:11:22,959 Speaker 1: Cincinnati for the a f C Championship. The Rams will 205 00:11:22,960 --> 00:11:25,160 Speaker 1: host the forty Niners in the NFC l A Blue 206 00:11:25,160 --> 00:11:28,199 Speaker 1: a four point lead, Tom Brady rallied Tampa Bay to 207 00:11:28,280 --> 00:11:30,200 Speaker 1: a tide in the Rams, helped by a forty four 208 00:11:30,280 --> 00:11:32,719 Speaker 1: yard completion, picked a field goal to win thirty to 209 00:11:32,880 --> 00:11:35,520 Speaker 1: twenty seven. After three straight home losses, Nicks beat the 210 00:11:35,559 --> 00:11:37,679 Speaker 1: Clippers the Garden one ten, one oh two. R J. 211 00:11:37,800 --> 00:11:40,760 Speaker 1: Barrett scored twenty six. Nick started tough week tonight in Cleveland. 212 00:11:40,960 --> 00:11:44,640 Speaker 1: Nets lost at Minnesota one five. Devil's loss to the 213 00:11:44,720 --> 00:11:47,480 Speaker 1: Kings three to two. American Taylor Fritz, playing right now 214 00:11:47,480 --> 00:11:50,240 Speaker 1: at the Australian Open, once set all the stafinal sits 215 00:11:50,240 --> 00:11:53,600 Speaker 1: a Fox Don Statue lay, Bloomberg Sports Thanks john SMP 216 00:11:53,720 --> 00:11:57,200 Speaker 1: Futures Downtown five points down Futures and nanstat Futures both 217 00:11:57,200 --> 00:11:59,560 Speaker 1: down twenty eight points to tend your treasury up nine 218 00:11:59,600 --> 00:12:08,240 Speaker 1: thirty beckens the yield one. This is Bloomberg, Bloomberg eleven 219 00:12:08,280 --> 00:12:10,839 Speaker 1: three oh weather. Sunny, mid thirties today, partly sunny, a 220 00:12:10,920 --> 00:12:14,079 Speaker 1: high near forty tomorrow sunshine Wednesday, but Ohio only near 221 00:12:14,200 --> 00:12:22,280 Speaker 1: twenty five degrees currently clouds and thirty degrees in Central Park. Markets, 222 00:12:22,400 --> 00:12:25,480 Speaker 1: headlines and breaking news twenty four hours a day at 223 00:12:25,520 --> 00:12:28,920 Speaker 1: Bloomberg dot Com, the Bloomberg Business Out and at Bloomberg 224 00:12:29,000 --> 00:12:38,679 Speaker 1: Quick Tape this is a Bloomberg business lash and I'm 225 00:12:38,760 --> 00:12:41,920 Speaker 1: Karen Moscow. And equities in Europe are falling this morning. 226 00:12:42,000 --> 00:12:44,880 Speaker 1: US Dot Index futures are lower as well as the 227 00:12:44,960 --> 00:12:47,880 Speaker 1: road and technology shares deepens and it concerns over the 228 00:12:47,880 --> 00:12:50,920 Speaker 1: Federal Reserve's imminent rate and lift off bonds are gaining. 229 00:12:51,240 --> 00:12:53,439 Speaker 1: And we check the markets every fifteen minutes throughout the 230 00:12:53,440 --> 00:12:56,360 Speaker 1: trading day. On Bloomberg Guess and P futures are down 231 00:12:56,400 --> 00:12:59,600 Speaker 1: seven points down, futures down forty seven, nosday futures down 232 00:12:59,600 --> 00:13:02,280 Speaker 1: to thirty nine. The decks in Germany is down one 233 00:13:02,320 --> 00:13:05,840 Speaker 1: point six per set ten. Your treasury up eight thirty seconds. 234 00:13:05,840 --> 00:13:07,760 Speaker 1: He had one point seven two percent. The yield on 235 00:13:07,840 --> 00:13:10,640 Speaker 1: a two year point nine nine percent ni Max screwed 236 00:13:10,679 --> 00:13:12,760 Speaker 1: oil is down three tens per cent, or twenty six 237 00:13:12,840 --> 00:13:14,880 Speaker 1: cents at eighty four dollars. Eighty eight cents of barrel 238 00:13:15,120 --> 00:13:17,480 Speaker 1: comex schooled up four tenths per cent, or seven dollars 239 00:13:17,559 --> 00:13:20,480 Speaker 1: at eighteen forty one ten announced the euro one point 240 00:13:20,520 --> 00:13:22,920 Speaker 1: one three one seven against the dollar, British found one 241 00:13:22,960 --> 00:13:25,400 Speaker 1: point three five and the ends at one thirteen point 242 00:13:25,520 --> 00:13:29,800 Speaker 1: seven three bitcoin this morning, also falling at thirty three thousand, 243 00:13:30,040 --> 00:13:33,959 Speaker 1: nine hundred dollars, and IBM is among companies schedule to 244 00:13:34,000 --> 00:13:37,040 Speaker 1: report earnings today. That's a Bloomberg business flash. Now here's 245 00:13:37,040 --> 00:13:39,400 Speaker 1: Michael Barrow with more onless going on around the world. 246 00:13:39,520 --> 00:13:42,720 Speaker 1: Muffel Karen, thank you very much. The US ordered family 247 00:13:42,800 --> 00:13:45,959 Speaker 1: members at its embassy in Ukraine to leave dudes with 248 00:13:46,080 --> 00:13:49,560 Speaker 1: the continued threat of Russian military action, while the US 249 00:13:49,640 --> 00:13:52,920 Speaker 1: renewed warnings that Russia could send forces into Ukraine at 250 00:13:52,920 --> 00:13:56,679 Speaker 1: any time. There's word President Joe Biden is considering deploying 251 00:13:56,800 --> 00:14:00,360 Speaker 1: troops to Eastern Europe and the Baltics. The yer Old 252 00:14:00,400 --> 00:14:04,200 Speaker 1: trial for three former Minneapolis police officers charged with violating 253 00:14:04,240 --> 00:14:07,559 Speaker 1: George Floyd's civil rights is Derek Chauvintinda's Neck to the 254 00:14:07,600 --> 00:14:10,640 Speaker 1: Street is set to begin today with opening statements in 255 00:14:10,880 --> 00:14:14,120 Speaker 1: the NFL. The Chiefs beat the Bills and an ot 256 00:14:14,440 --> 00:14:18,280 Speaker 1: thriller forty two thirty six and that means Kansas City 257 00:14:18,360 --> 00:14:20,960 Speaker 1: faces the Bingals for the a f C title. The 258 00:14:21,080 --> 00:14:24,440 Speaker 1: Rams beat the Bucks thirty seven. Los Angeles went out 259 00:14:24,520 --> 00:14:28,680 Speaker 1: face the forty Niners for the NFC Championship. In the NBA, 260 00:14:28,840 --> 00:14:31,760 Speaker 1: the Nicks, Celtics and Warriors won. The Nets lost in 261 00:14:31,840 --> 00:14:35,280 Speaker 1: the NHL The Devil's Lost. Global News twenty four hours 262 00:14:35,320 --> 00:14:38,440 Speaker 1: a day on air and on Bloomberg Quick Take, powered 263 00:14:38,480 --> 00:14:41,200 Speaker 1: by more than twenty seven hundred journalist and analyists more 264 00:14:41,200 --> 00:14:44,560 Speaker 1: than a hundred twenty countries. Michael bar this is Bloomberg. 265 00:14:44,680 --> 00:14:47,000 Speaker 1: Nathan all right, Michael, thanks at six nineteen on Wall 266 00:14:47,040 --> 00:14:49,680 Speaker 1: Street Live from the Bloomberg Interactive Brokers Studios. This is 267 00:14:49,680 --> 00:14:52,520 Speaker 1: Bloomberg Daybreak, and we turn our attention now to the pandemic. 268 00:14:52,680 --> 00:14:55,280 Speaker 1: Dr Anthony Fauci says, things look like they're going in 269 00:14:55,360 --> 00:14:58,640 Speaker 1: the right direction with the omicron variant if it keeps 270 00:14:58,720 --> 00:15:01,760 Speaker 1: up the top White Howse medical advisor says COVID could 271 00:15:01,840 --> 00:15:05,640 Speaker 1: diminish to a level of control. Control means you're not 272 00:15:05,760 --> 00:15:08,640 Speaker 1: eliminating it, you're not eradicating it, but it gets down 273 00:15:08,720 --> 00:15:12,640 Speaker 1: to such a low level that it's essentially integrated into 274 00:15:12,720 --> 00:15:16,480 Speaker 1: the general respiratory infections that we have learned to live with. 275 00:15:16,840 --> 00:15:19,720 Speaker 1: Dr Facci spoke on ABC's This Week, Heard Sundays on 276 00:15:19,840 --> 00:15:23,120 Speaker 1: Bloomberg Radio. Joining us this morning is Professor g. Grandville 277 00:15:23,360 --> 00:15:26,040 Speaker 1: of the Johns Hopkins Bloomberg School of Public Health. So 278 00:15:26,080 --> 00:15:27,920 Speaker 1: what do you think, professor, are we getting close to 279 00:15:28,040 --> 00:15:32,080 Speaker 1: a point where where we can live with COVID? Well, 280 00:15:32,120 --> 00:15:34,320 Speaker 1: we still have a lot of people getting infected every 281 00:15:34,400 --> 00:15:37,560 Speaker 1: day and a lot of hospitalizations and too many deaths. 282 00:15:37,720 --> 00:15:41,040 Speaker 1: But I think a better day is ahead and I think, 283 00:15:41,160 --> 00:15:44,200 Speaker 1: you know, Tony Facci says it well, where we're getting 284 00:15:44,240 --> 00:15:47,360 Speaker 1: to a point where it's going to be something that 285 00:15:47,520 --> 00:15:50,120 Speaker 1: we will live with. But let's not forget about the 286 00:15:50,160 --> 00:15:53,520 Speaker 1: rest of the world while we're living with it here. Yeah, 287 00:15:53,680 --> 00:15:55,520 Speaker 1: let's let's talk about that a little bit. That that 288 00:15:55,680 --> 00:15:59,280 Speaker 1: comes down to vaccinations, doesn't it Whether we can continue 289 00:15:59,360 --> 00:16:02,720 Speaker 1: to boo and fully vaccinate people in this country while 290 00:16:02,880 --> 00:16:06,360 Speaker 1: still getting vaccines to the rest of the world. Are 291 00:16:06,440 --> 00:16:10,320 Speaker 1: we striking that balance properly? Well, we are giving a 292 00:16:10,400 --> 00:16:12,720 Speaker 1: lot of vaccines away, but the world needs to do 293 00:16:12,840 --> 00:16:14,720 Speaker 1: a much better job of this, and we need to 294 00:16:14,840 --> 00:16:18,160 Speaker 1: partner with other nations, including China, to make sure that 295 00:16:18,600 --> 00:16:21,800 Speaker 1: people have access to their first doses, never mind their 296 00:16:21,840 --> 00:16:25,360 Speaker 1: second or third. Um, we have seeing the rise of 297 00:16:25,560 --> 00:16:29,920 Speaker 1: Delta and a Macon. All of these things happen because 298 00:16:30,000 --> 00:16:34,520 Speaker 1: we have a vulnerable population and and we can't ignore 299 00:16:34,680 --> 00:16:37,600 Speaker 1: the rest of the world's vulnerable populations. So we need 300 00:16:37,640 --> 00:16:40,680 Speaker 1: to vaccinate. And it sounds like you're implying that that 301 00:16:41,000 --> 00:16:43,320 Speaker 1: raises the risk if we don't get enough of a 302 00:16:43,560 --> 00:16:47,440 Speaker 1: level of vaccination that we could see more variants down 303 00:16:47,520 --> 00:16:51,000 Speaker 1: the line. What's the risk in your mind that future 304 00:16:51,080 --> 00:16:54,920 Speaker 1: variant could be worse than Delta, given that a Macron 305 00:16:55,240 --> 00:17:01,120 Speaker 1: apparently wasn't at least in terms of severity. Yeah, viruses, 306 00:17:02,120 --> 00:17:05,760 Speaker 1: they evolved to become more transmissible. UM, how severe they 307 00:17:05,800 --> 00:17:11,080 Speaker 1: are is really a matter of um of the how 308 00:17:11,320 --> 00:17:14,440 Speaker 1: how well the virus does, it doesn't really matter to it. 309 00:17:14,680 --> 00:17:18,200 Speaker 1: So I think we need to just try and eliminate 310 00:17:18,520 --> 00:17:21,800 Speaker 1: the possibility of too many more variants coming um and 311 00:17:21,960 --> 00:17:25,200 Speaker 1: hopes that you know, they could be more severe. So 312 00:17:25,320 --> 00:17:27,879 Speaker 1: we have to do what we can. And this discussion 313 00:17:27,920 --> 00:17:31,280 Speaker 1: about putting COVID in the background, getting it under control. 314 00:17:31,359 --> 00:17:33,159 Speaker 1: As you know, a lot of Americans, a lot of 315 00:17:33,200 --> 00:17:35,679 Speaker 1: people around the world have gotten to a point at 316 00:17:35,720 --> 00:17:38,000 Speaker 1: least in their own minds that it's in the background 317 00:17:38,080 --> 00:17:39,760 Speaker 1: for them. They want to get back to their lives, 318 00:17:39,800 --> 00:17:44,200 Speaker 1: and a number of businesses or dialing back restrictions on 319 00:17:44,320 --> 00:17:46,399 Speaker 1: coming back to the office. Now with it seeming like, oh, 320 00:17:46,440 --> 00:17:49,960 Speaker 1: Macron is getting in the right direction, what's your advice 321 00:17:50,040 --> 00:17:53,680 Speaker 1: for people as they sort of navigate the way things 322 00:17:53,760 --> 00:17:59,159 Speaker 1: are now? Yeah, form for most people who are who 323 00:17:59,240 --> 00:18:04,000 Speaker 1: have gotten their vaccines, including their booster, they are taking 324 00:18:04,080 --> 00:18:07,960 Speaker 1: precautions when they go into crowded places. Um. This is 325 00:18:08,040 --> 00:18:10,560 Speaker 1: a this is a risk that many people can can 326 00:18:10,640 --> 00:18:13,800 Speaker 1: take and to safely gather UM. But we still have 327 00:18:14,000 --> 00:18:19,200 Speaker 1: some vulnerable populations here, so UM, please try to take 328 00:18:19,320 --> 00:18:22,680 Speaker 1: more precautions in the coming weeks, um than maybe a 329 00:18:22,800 --> 00:18:25,040 Speaker 1: month or two from now. There's going to be more 330 00:18:25,119 --> 00:18:28,840 Speaker 1: drugs available for treating people who have UM who can't 331 00:18:28,920 --> 00:18:32,359 Speaker 1: be uh protected by the vaccine. And we also need 332 00:18:32,440 --> 00:18:34,920 Speaker 1: to make sure that we get vaccine to the under 333 00:18:34,960 --> 00:18:37,520 Speaker 1: five crowd as well. When do you think that's going 334 00:18:37,560 --> 00:18:40,120 Speaker 1: to happen? It seems like it's taken quite a while 335 00:18:40,240 --> 00:18:45,440 Speaker 1: for under fives to get vaccines. Absolutely. Yeah. The word 336 00:18:45,600 --> 00:18:47,119 Speaker 1: is that it's with it going to be within the 337 00:18:47,200 --> 00:18:49,960 Speaker 1: next couple of months, So UM, six to eight weeks 338 00:18:50,119 --> 00:18:53,400 Speaker 1: to be conservative at least that's what that what Dr 339 00:18:53,480 --> 00:18:58,120 Speaker 1: faucci Um implied a few days ago, last thirty seconds here. 340 00:18:58,119 --> 00:19:01,040 Speaker 1: You're probably aware of the anti vaccine mandate that happened 341 00:19:01,080 --> 00:19:03,119 Speaker 1: in Washington, d C. Over the weekend. A lot of 342 00:19:03,160 --> 00:19:07,520 Speaker 1: people arguing for natural immunity as something that can help 343 00:19:07,680 --> 00:19:11,760 Speaker 1: against omicron or any other variant. What's the case for 344 00:19:12,000 --> 00:19:16,439 Speaker 1: for natural immunity is that enough? Well, it hasn't been 345 00:19:16,600 --> 00:19:20,200 Speaker 1: enough to um if people had had Delta to protect 346 00:19:20,280 --> 00:19:24,359 Speaker 1: them against omicron, etcetera. So UM, it's it's not enough. UM. 347 00:19:24,680 --> 00:19:28,040 Speaker 1: But you know, natural immunity can give you a lot 348 00:19:28,119 --> 00:19:31,960 Speaker 1: of protection. It just might also hospitalize or potential to 349 00:19:32,040 --> 00:19:34,200 Speaker 1: kill you in the process. So a safer course of 350 00:19:34,280 --> 00:19:37,119 Speaker 1: action is to get vaccinated. As always, thank you for 351 00:19:37,200 --> 00:19:40,800 Speaker 1: your insights. Professor G. Grandvald the Johns Hopkins Bloomberg School 352 00:19:40,800 --> 00:19:43,119 Speaker 1: of Public Health, supported by Michael Bloomberg. He is the 353 00:19:43,160 --> 00:19:47,440 Speaker 1: founder and majority owner of Bloomberg Radio's parent company, Bloomberg Lp. 354 00:19:48,119 --> 00:19:51,159 Speaker 1: SMP futures now ten point, staff futures down sixty two, 355 00:19:51,280 --> 00:19:55,520 Speaker 1: NASTAC futures down fifty four points, just ahead diplomats families 356 00:19:55,600 --> 00:19:58,719 Speaker 1: ordered out of Ukraine. A hawkish forecast from Goldman Sachs 357 00:19:58,880 --> 00:20:00,480 Speaker 1: as we checked the five they is you need to 358 00:20:00,560 --> 00:20:08,400 Speaker 1: notice start your day. This is Bloomberg Bloomberg eleven three 359 00:20:08,440 --> 00:20:11,359 Speaker 1: oh weather sunny, mid thirties today, partly sunny, a near 360 00:20:11,440 --> 00:20:15,440 Speaker 1: forty tomorrow, sunny highs in the mid twenties on Wednesday. 361 00:20:15,560 --> 00:20:22,640 Speaker 1: Right now cloudy and thirty degrees in Central Park. Broadcasting 362 00:20:22,760 --> 00:20:26,440 Speaker 1: live from the Bloomberg Interactive Broker Studio in New York, 363 00:20:26,560 --> 00:20:29,680 Speaker 1: Bloomberg E living three on to Washington, d C, Bloomberg 364 00:20:30,640 --> 00:20:33,879 Speaker 1: to Boston, Bloomberg one O six one to San Francisco, 365 00:20:33,960 --> 00:20:37,399 Speaker 1: Bloomberg nine six to the country, Sirius XM Cho one 366 00:20:37,520 --> 00:20:41,200 Speaker 1: nine and around the globe the Bloomberg business in Bloomberg 367 00:20:41,320 --> 00:20:50,600 Speaker 1: Radio dot Com. This is Bloomberg Daybreak. It's six thirty 368 00:20:50,640 --> 00:20:53,400 Speaker 1: on Wall Street. Good morning. I'm Nathan Hagar and I'm 369 00:20:53,480 --> 00:20:56,119 Speaker 1: Karen Moscow. We are just about three hours away from 370 00:20:56,160 --> 00:20:58,320 Speaker 1: the open of US trading. It is time for the 371 00:20:58,440 --> 00:21:00,840 Speaker 1: five things you need to notice start your day. Brought 372 00:21:00,880 --> 00:21:04,000 Speaker 1: to you by Interactor Broker's Trade crypto for less coin 373 00:21:04,080 --> 00:21:06,440 Speaker 1: with commissions just twelve to eighteen basis points and no 374 00:21:06,560 --> 00:21:09,560 Speaker 1: hidden spreads or markups. Learn more at ibk R dot 375 00:21:09,640 --> 00:21:12,720 Speaker 1: com Slash crypto up first, to begin with the latest 376 00:21:12,720 --> 00:21:16,120 Speaker 1: geo political tensions between the US and Russia. The US 377 00:21:16,160 --> 00:21:19,320 Speaker 1: has ordered families of diplomats to leave Ukraine and concerns 378 00:21:19,320 --> 00:21:23,120 Speaker 1: about an invasion. Mount Bloomberg's said Bachet has the very latest. 379 00:21:23,480 --> 00:21:26,040 Speaker 1: The signal is that Russia could invade at any time, 380 00:21:26,280 --> 00:21:28,760 Speaker 1: and the State Department is issuing a statement saying quote, 381 00:21:29,040 --> 00:21:33,840 Speaker 1: the security conditions, particularly along Ukraine's borders in Russia occupied 382 00:21:34,000 --> 00:21:38,600 Speaker 1: Crimea and in Russia controlled Eastern Ukraine are unpredictable and 383 00:21:38,720 --> 00:21:42,680 Speaker 1: can deteriorate with little notice. They're also reports that the 384 00:21:42,720 --> 00:21:46,240 Speaker 1: Biden administration is thinking about sending troops into the region. 385 00:21:46,720 --> 00:21:49,880 Speaker 1: In San Francisco, I'm at Baxter Bloomberg Daybreak, thanks said, 386 00:21:49,960 --> 00:21:53,200 Speaker 1: turning into markets now, US futures are deteriorating. Is last 387 00:21:53,240 --> 00:21:55,560 Speaker 1: week sell off look set to continue. Let's get the 388 00:21:55,640 --> 00:21:59,040 Speaker 1: latest live. Here's Bloomberg's John Tucker John Nathan The NASA 389 00:21:59,160 --> 00:22:01,399 Speaker 1: coming off it's first week since the start of the 390 00:22:01,440 --> 00:22:06,200 Speaker 1: pandemic in March of It's now down over four from 391 00:22:06,240 --> 00:22:10,160 Speaker 1: it's November high. The next Turtle for investors is Wednesday, 392 00:22:10,320 --> 00:22:13,000 Speaker 1: when the Fed is expected to signal of March rate 393 00:22:13,080 --> 00:22:16,440 Speaker 1: hike and balance sheet reduction later this year. The under 394 00:22:16,480 --> 00:22:19,879 Speaker 1: Fed stimulus has prompted an exodus from high growth equities. 395 00:22:20,240 --> 00:22:23,520 Speaker 1: Right now, Thadursday futures are leading declines. They are down 396 00:22:23,720 --> 00:22:26,600 Speaker 1: sixty eight points. Live in New York. I'm John Tucker, 397 00:22:26,800 --> 00:22:29,480 Speaker 1: Bloomberg Daybreak, John, thank you, as we wait for a 398 00:22:29,560 --> 00:22:32,280 Speaker 1: Wednesday's Fed decision when Wall Street Bank is out without 399 00:22:32,320 --> 00:22:35,240 Speaker 1: hawkish forecast, we get the latest line from Bloomberg's Ready 400 00:22:35,280 --> 00:22:38,000 Speaker 1: to Young, Good morning, Ready, Good morning. Karen Goldman. SAX 401 00:22:38,080 --> 00:22:41,479 Speaker 1: economists say the Fed could tighten policy more aggressively than 402 00:22:41,520 --> 00:22:46,480 Speaker 1: anticipated their clocking rates increases in March, June, September, and December, 403 00:22:46,800 --> 00:22:48,760 Speaker 1: and for the Central Bank to announce the start of 404 00:22:48,800 --> 00:22:53,120 Speaker 1: a balance sheet reduction in July. Goldman economists are concerned 405 00:22:53,160 --> 00:22:57,240 Speaker 1: because the omicron variant is prolonging supply demanding balances, and 406 00:22:57,359 --> 00:23:00,440 Speaker 1: there's continued strength and wage growth, which, to gather, could 407 00:23:00,480 --> 00:23:04,479 Speaker 1: increase ongoing inflation pressures. Live in New York. I'm Nita Young, 408 00:23:04,520 --> 00:23:07,239 Speaker 1: Bloomberg Daybreak. Thanks Nita. Let's turn to the pandemic now 409 00:23:07,320 --> 00:23:10,320 Speaker 1: with word from President Biden's chief medical advisor, Dr Anthony 410 00:23:10,359 --> 00:23:13,240 Speaker 1: Faunci that the omicron outbreak is headed in the right direction. 411 00:23:13,359 --> 00:23:17,040 Speaker 1: He says the surge could peak soon. And in corporate 412 00:23:17,119 --> 00:23:19,840 Speaker 1: news this morning, shares of coals are higher by twenty 413 00:23:19,920 --> 00:23:23,240 Speaker 1: eight percent. Sources at the department store chain is fielding 414 00:23:23,320 --> 00:23:26,280 Speaker 1: interest from two potential buyers. And that's the five things 415 00:23:26,359 --> 00:23:28,359 Speaker 1: you need to notice start your day. Brought to you 416 00:23:28,520 --> 00:23:32,280 Speaker 1: by Interactive Brokers. Maybe a check your local headlines, plus 417 00:23:32,320 --> 00:23:39,119 Speaker 1: a checkup Sports straight Ahead on Bloomberg. Thanks hearing at 418 00:23:39,119 --> 00:23:41,080 Speaker 1: six thirty three on Wall Street where thirty degrees in 419 00:23:41,200 --> 00:23:44,760 Speaker 1: Central Park and accident has northbound Palisades Interstate Parkway closed 420 00:23:44,840 --> 00:23:48,159 Speaker 1: past Exit three. Details coming up in traffic First Michael 421 00:23:48,200 --> 00:23:50,120 Speaker 1: Barr with more on what's going on in New York 422 00:23:50,200 --> 00:23:52,480 Speaker 1: and around the world. Michael, thank you very much, Nathan. 423 00:23:52,560 --> 00:23:55,879 Speaker 1: New York Governor Kathy Hugel has announced a new task 424 00:23:56,000 --> 00:23:59,399 Speaker 1: force involving nine Northeast states and fighting the rise and 425 00:23:59,480 --> 00:24:02,440 Speaker 1: gun by lets. It comes after Friday's shooting of two 426 00:24:02,520 --> 00:24:05,639 Speaker 1: New York City Police officers. One officer, twenty two year 427 00:24:05,680 --> 00:24:09,240 Speaker 1: old Jason Rivera, was killed. The other, seven year old 428 00:24:09,320 --> 00:24:12,879 Speaker 1: Robert Mora, is in critical condition. Mayor Eric Adams is 429 00:24:12,960 --> 00:24:15,720 Speaker 1: calling on the federal government to help curb the flow 430 00:24:15,800 --> 00:24:19,119 Speaker 1: of illegal guns into big cities. The police department is 431 00:24:19,240 --> 00:24:22,840 Speaker 1: doing their job taking thousands of guns off the streets, 432 00:24:23,440 --> 00:24:25,960 Speaker 1: yet each time you take a gun off, there's a 433 00:24:26,080 --> 00:24:29,560 Speaker 1: constant flow of new guns coming here. Mayor Adams says 434 00:24:29,680 --> 00:24:32,440 Speaker 1: the suspect and Friday's shooting was also shot by a 435 00:24:32,560 --> 00:24:37,200 Speaker 1: third responding officer and remains hospitalized. Mayor Adams also mentioned 436 00:24:37,320 --> 00:24:39,399 Speaker 1: last week's death of a forty year old woman on 437 00:24:39,480 --> 00:24:43,080 Speaker 1: a subway platform in Times Square that's making global headlines. 438 00:24:43,280 --> 00:24:46,119 Speaker 1: Authority say Michelle go is shoved in front of an 439 00:24:46,160 --> 00:24:50,960 Speaker 1: incoming train by a mentally ill homeless man. General Lieber 440 00:24:51,080 --> 00:24:53,480 Speaker 1: CEO of the m t A says the fact that 441 00:24:53,640 --> 00:24:56,199 Speaker 1: this happened in one of the city's most iconic spots 442 00:24:56,480 --> 00:24:59,520 Speaker 1: emphasizes the problem New York City faces. Right in the 443 00:24:59,560 --> 00:25:01,240 Speaker 1: middle of a city, what could be more of the 444 00:25:01,359 --> 00:25:05,280 Speaker 1: center of the city and of the world than Times Square. 445 00:25:05,400 --> 00:25:09,600 Speaker 1: For this to happen is just unthinkable, unacceptable. I called 446 00:25:09,680 --> 00:25:12,879 Speaker 1: it unconscionable. There are no words. We have to do 447 00:25:13,080 --> 00:25:15,800 Speaker 1: something about it. The m t a's General Liber says 448 00:25:15,800 --> 00:25:18,160 Speaker 1: as though while the issue is atypical for the city, 449 00:25:18,440 --> 00:25:22,040 Speaker 1: it's being felt acutely in this time of COVID. The 450 00:25:22,119 --> 00:25:25,399 Speaker 1: federal trial with three former Minneapolis police officers charged with 451 00:25:25,560 --> 00:25:28,920 Speaker 1: violating George floyd civil rights. It's Derek chaubin pinned the 452 00:25:28,960 --> 00:25:31,000 Speaker 1: black Man's neck to the street, is set to begin 453 00:25:31,080 --> 00:25:34,639 Speaker 1: today with opening statements. All three are also charged for 454 00:25:35,000 --> 00:25:38,160 Speaker 1: failing to provide Floyd with medical care. In Michigan, students 455 00:25:38,280 --> 00:25:40,680 Speaker 1: returned to Oxford High School today for the first time 456 00:25:40,960 --> 00:25:43,680 Speaker 1: since of deadly shooting there nearly two months ago. The 457 00:25:43,760 --> 00:25:46,959 Speaker 1: school's principles see Wolf posted a video message to students 458 00:25:47,040 --> 00:25:49,800 Speaker 1: on YouTube. You know what's going to be really difficult 459 00:25:49,880 --> 00:25:52,760 Speaker 1: for our students and our staff to come back because 460 00:25:52,840 --> 00:25:56,000 Speaker 1: we're still greeting, and our thoughts and our prayers will 461 00:25:56,040 --> 00:25:59,000 Speaker 1: continue to be with the victims of this Sensuss Act 462 00:25:59,480 --> 00:26:02,280 Speaker 1: and this tity, and for those who continue to heal. 463 00:26:02,480 --> 00:26:04,760 Speaker 1: You allow that shoot her. Fifteen year old Ethan Crumbley 464 00:26:04,920 --> 00:26:07,639 Speaker 1: is currently being held without bond in an adult jail. 465 00:26:07,960 --> 00:26:10,720 Speaker 1: Global News twenty four hours a day on here and 466 00:26:10,960 --> 00:26:14,200 Speaker 1: on Bloomberg Quicktake, powered by more than twenty seven under 467 00:26:14,280 --> 00:26:17,040 Speaker 1: journalists and analysts more than a hundred twenty countries. I'm 468 00:26:17,080 --> 00:26:24,840 Speaker 1: Michael Barr. This is Bloomberg, Nathan. Thanks Michael, almost six 469 00:26:24,920 --> 00:26:27,400 Speaker 1: thirty six on Wall Street. John Stashiris at the Bloomberg 470 00:26:27,440 --> 00:26:30,560 Speaker 1: Sports Update, Thanks Nathan. A wild weekend of NFL playoffs, 471 00:26:30,560 --> 00:26:33,040 Speaker 1: with all four games being won on the final play 472 00:26:33,160 --> 00:26:35,600 Speaker 1: Three road teams won on game and field goals, and 473 00:26:35,680 --> 00:26:37,639 Speaker 1: then the Bills in Chiefs in a game for the 474 00:26:37,720 --> 00:26:40,879 Speaker 1: Ages twenty five points scoard in the last two minutes 475 00:26:40,920 --> 00:26:44,680 Speaker 1: of regulation, three lead changes, including Buffaloes go ahead teeny 476 00:26:44,800 --> 00:26:48,360 Speaker 1: only thirteen seconds left. Kansas City still able to tie 477 00:26:48,440 --> 00:26:49,879 Speaker 1: the game in the last second field goal, and they 478 00:26:49,960 --> 00:26:52,920 Speaker 1: beat the Bills forty two to thirty six and overtime, 479 00:26:52,960 --> 00:26:54,920 Speaker 1: and the Chiefs will host the a f C Championship 480 00:26:54,960 --> 00:26:56,840 Speaker 1: game for the fourth year in a row. They'll take 481 00:26:56,880 --> 00:26:59,000 Speaker 1: on the Bengals. The Rams beat the Bucks thirty to 482 00:26:59,080 --> 00:27:01,760 Speaker 1: twenty seven on a field goal that came after Tampa 483 00:27:01,800 --> 00:27:04,120 Speaker 1: Bay rally from twenty four points down to tie the game. 484 00:27:04,200 --> 00:27:07,240 Speaker 1: Tom Brady nearly pulled off an f A comeback. Not 485 00:27:07,600 --> 00:27:09,400 Speaker 1: quite at the end. There's only one team that's gonna 486 00:27:09,440 --> 00:27:12,399 Speaker 1: be happy. I feels good to move on when you 487 00:27:12,480 --> 00:27:15,480 Speaker 1: move on, and obviously when you don't, uh, you know 488 00:27:15,520 --> 00:27:17,400 Speaker 1: whether it was last week or this week, or next 489 00:27:17,440 --> 00:27:19,680 Speaker 1: week or the week after, two weeks after that, after 490 00:27:19,680 --> 00:27:22,239 Speaker 1: you're the loser in that game at all, it all 491 00:27:22,280 --> 00:27:24,160 Speaker 1: sucks for losing me. And asked if he's now going 492 00:27:24,200 --> 00:27:26,399 Speaker 1: to retire, Brady said he'll take it day by day. 493 00:27:26,440 --> 00:27:28,480 Speaker 1: The Rams, after winning on the road, now go home 494 00:27:28,560 --> 00:27:30,440 Speaker 1: play the forty Niners to the NFC title of the 495 00:27:30,520 --> 00:27:33,160 Speaker 1: ramed win. They'll stay in l A for the Super Bowl. 496 00:27:33,440 --> 00:27:35,480 Speaker 1: The next home stand is over. They lost the first 497 00:27:35,560 --> 00:27:37,720 Speaker 1: three but beat the Clippers one ten, one oh two. 498 00:27:37,880 --> 00:27:39,800 Speaker 1: Let all the way. R J Barrett twenty six points, 499 00:27:39,800 --> 00:27:42,800 Speaker 1: four team rebounds, dicks way tonight in Cleveland. Started a 500 00:27:42,880 --> 00:27:45,360 Speaker 1: tough week. They go to Miami, then Milwaukee. They'll play 501 00:27:45,400 --> 00:27:48,040 Speaker 1: three at the top five in the East in Minnesota. 502 00:27:48,119 --> 00:27:50,639 Speaker 1: Thirty points for Kyrie Irvy not enough. That's lost one 503 00:27:52,040 --> 00:27:55,000 Speaker 1: Devil's beat by the King's three to two. Daniel Medvedevan 504 00:27:55,000 --> 00:27:58,320 Speaker 1: to the quarterfinals the Australian Open, and so is Danielle Collins. 505 00:27:58,400 --> 00:28:01,560 Speaker 1: One of three Americans and the women school John everyone 506 00:28:01,640 --> 00:28:04,920 Speaker 1: Blueberg sports all right, John thinks it's six thirty seven 507 00:28:04,960 --> 00:28:06,679 Speaker 1: on Wall Street, time to take a look at stocks 508 00:28:06,720 --> 00:28:08,520 Speaker 1: and some of the names moving in the pre market 509 00:28:08,600 --> 00:28:12,280 Speaker 1: with Bloomberg Radio and TV Markets correspondent Created Gupta on 510 00:28:12,400 --> 00:28:14,919 Speaker 1: a down Monday, creates still a lot of buying interest 511 00:28:15,040 --> 00:28:19,239 Speaker 1: in Coals this morning. Yeah, some deal news potentially when 512 00:28:19,280 --> 00:28:22,240 Speaker 1: it comes to Cole's case us is your ticker up 513 00:28:22,440 --> 00:28:24,879 Speaker 1: just shrive tent. This of course comes after the weekend 514 00:28:25,119 --> 00:28:28,480 Speaker 1: where they did have not just one suitor, but two suitors, Nathan, 515 00:28:28,520 --> 00:28:30,720 Speaker 1: the Coles actually turning out to be the bell of 516 00:28:30,800 --> 00:28:33,520 Speaker 1: the ball here to suitors Sigmore Partners and a Starboard 517 00:28:33,600 --> 00:28:37,280 Speaker 1: backed investor UH specifically Sigamores looking at a bit excuse 518 00:28:37,520 --> 00:28:39,160 Speaker 1: the Starboard back to investor looking at a bit about 519 00:28:39,160 --> 00:28:41,440 Speaker 1: sixty four dollars to share. This comes after, of course, 520 00:28:41,480 --> 00:28:43,800 Speaker 1: we know retailers broadly have been struggling with the likes 521 00:28:43,840 --> 00:28:46,320 Speaker 1: of the omicron variant. Coals really at the front of that, 522 00:28:46,480 --> 00:28:50,240 Speaker 1: it's current investors Engine Capital and must sell them. Advisors, 523 00:28:50,280 --> 00:28:53,600 Speaker 1: which is also an activist investors, has been pushing Coals 524 00:28:53,680 --> 00:28:57,200 Speaker 1: to consider strategies, to consider sales, and now Nathan, it 525 00:28:57,320 --> 00:29:00,239 Speaker 1: looks like it's going to happen at least are too 526 00:29:00,240 --> 00:29:02,520 Speaker 1: people familiar the idea that they do have two suitors 527 00:29:02,600 --> 00:29:05,960 Speaker 1: on the table while they're still struggling. Nevertheless, KSS once again, 528 00:29:06,040 --> 00:29:08,440 Speaker 1: is your ticker just shy of twenty nine cent? And 529 00:29:08,520 --> 00:29:12,160 Speaker 1: speaking of activist investors, Nathan doesn't stop at Cole's peloton 530 00:29:12,320 --> 00:29:14,360 Speaker 1: as well. P t O N is your ticker up 531 00:29:14,400 --> 00:29:16,840 Speaker 1: one and a half percent? We know this company has 532 00:29:16,880 --> 00:29:19,080 Speaker 1: really been struggling for a while now, what comes with 533 00:29:19,400 --> 00:29:23,080 Speaker 1: regulatory scrutiny simply not not many people needing to buy 534 00:29:23,120 --> 00:29:25,760 Speaker 1: a home bike anymore, and we've seen the shares really 535 00:29:25,840 --> 00:29:27,959 Speaker 1: tumble with that stay at home trade kind of fading 536 00:29:28,280 --> 00:29:31,680 Speaker 1: now with spacing calls from an activist investor, Blackwell's Capital 537 00:29:32,000 --> 00:29:35,600 Speaker 1: to fire its chief executive officer, John Foley and pursue 538 00:29:35,640 --> 00:29:37,520 Speaker 1: a sale once to court once again, according to a 539 00:29:37,560 --> 00:29:40,480 Speaker 1: person with knowledge of the matter coming from Bloomberg reporting 540 00:29:40,480 --> 00:29:43,440 Speaker 1: O veryam Scott Devote reporting that story. Somebody keep in 541 00:29:43,480 --> 00:29:46,520 Speaker 1: mind lots of deal news happened this morning and a 542 00:29:46,680 --> 00:29:50,520 Speaker 1: few analysts moves this morning as well. A few analysts 543 00:29:50,560 --> 00:29:53,000 Speaker 1: moves as well. Let's just start off with discover d 544 00:29:53,360 --> 00:29:55,720 Speaker 1: f S. Is your ticker up one point four percent? 545 00:29:55,840 --> 00:29:59,920 Speaker 1: Piper Sandler upgrading Discover on quote a great setup for shares, 546 00:30:00,320 --> 00:30:03,680 Speaker 1: raising the firm's price target up to two from one 547 00:30:04,240 --> 00:30:07,000 Speaker 1: five a share. This is crucial because you're actually seeing 548 00:30:07,000 --> 00:30:10,520 Speaker 1: a company Piper Sandler smile essentially on a company that's 549 00:30:10,560 --> 00:30:12,480 Speaker 1: in the fintext place, that's in the credit card space. 550 00:30:12,600 --> 00:30:15,880 Speaker 1: We know, especially with all spending data, these companies along 551 00:30:15,920 --> 00:30:19,120 Speaker 1: with banks, have been under some pressure recently. Moving on too, 552 00:30:19,200 --> 00:30:22,360 Speaker 1: Arista Networks upgraded to a buy from a neutral over 553 00:30:22,400 --> 00:30:25,400 Speaker 1: at City following more than a seventeen percent year today 554 00:30:25,440 --> 00:30:28,520 Speaker 1: pullback in the shares through Friday, City saying that there 555 00:30:28,560 --> 00:30:31,600 Speaker 1: are several positive catalysts in the near term. A n E. 556 00:30:31,760 --> 00:30:34,920 Speaker 1: T is your tigger, they're up half a percent, and lastly, 557 00:30:35,160 --> 00:30:37,240 Speaker 1: we do have a couple of earnings coming out this morning. 558 00:30:37,280 --> 00:30:39,240 Speaker 1: Haliburton is going to be the top of the agenda. 559 00:30:39,480 --> 00:30:42,160 Speaker 1: H A L up three tenths of a percent before 560 00:30:42,240 --> 00:30:45,200 Speaker 1: that report, and IBM as well reporting after the bell 561 00:30:45,440 --> 00:30:47,680 Speaker 1: down six tenths of a percent in the pre market. 562 00:30:47,800 --> 00:30:50,800 Speaker 1: Nathan all Right, Bloomberg Radio and TV Markets corresponded to 563 00:30:50,880 --> 00:30:54,440 Speaker 1: create gupta with us as always in the early trade, 564 00:30:54,440 --> 00:30:57,200 Speaker 1: and we said we checked the markets before they open 565 00:30:57,320 --> 00:31:00,400 Speaker 1: this morning. Futures are moving lower. S and P futures 566 00:31:00,440 --> 00:31:03,920 Speaker 1: are down eight points. Style futures down forty three. Nasdaq 567 00:31:04,000 --> 00:31:06,480 Speaker 1: futures while we're by forty two points in the tenure. 568 00:31:06,520 --> 00:31:09,440 Speaker 1: Treasury is up eight thirty seconds. The yield one point 569 00:31:09,560 --> 00:31:13,520 Speaker 1: seven bitcoin right now just shy of thirty three thousand, 570 00:31:13,600 --> 00:31:22,960 Speaker 1: eight hundred dollars. You're listening to Bloomberg Daybreak Bloomberg eleven 571 00:31:23,000 --> 00:31:25,960 Speaker 1: three oh weather sunshine mid thirties today, partly sunny near 572 00:31:26,000 --> 00:31:30,480 Speaker 1: forty tomorrow, sunny mid twenties for Wednesday. Right now, clouds 573 00:31:30,720 --> 00:31:38,400 Speaker 1: and twenty nine degrees in Central Park markets. Headlines and 574 00:31:38,560 --> 00:31:41,760 Speaker 1: breaking news twenty four hours a day at Bloomberg dot Com, 575 00:31:41,920 --> 00:31:45,480 Speaker 1: the Bloomberg Business apt and at Bloomberg Quick Tape. He's 576 00:31:45,520 --> 00:31:54,760 Speaker 1: a Bloomberg Business Flash and I'm Karen Moscow. Futures are 577 00:31:54,800 --> 00:31:56,840 Speaker 1: following this morning. Let's go to the First Word breaking 578 00:31:56,880 --> 00:31:59,800 Speaker 1: news desk for today's morning call, and here's Bill Maloney. Bill, 579 00:31:59,840 --> 00:32:03,560 Speaker 1: good morning, Good morning, Karen. That's right. US futures are 580 00:32:03,640 --> 00:32:05,520 Speaker 1: in the red right now, with DOWN futures down thirty 581 00:32:05,560 --> 00:32:08,720 Speaker 1: two points, sysips dropped five well. NASDAIC futures are lower 582 00:32:08,800 --> 00:32:11,600 Speaker 1: by thirty the US ten year old at one point 583 00:32:11,720 --> 00:32:14,960 Speaker 1: seven three percent, Gold is up, for oil is trading lower, 584 00:32:15,240 --> 00:32:18,920 Speaker 1: and Bitcoin is sinking another four point four percent. Hong 585 00:32:19,000 --> 00:32:21,920 Speaker 1: Kong dropped one percent overnight, while up of markets are 586 00:32:21,960 --> 00:32:25,080 Speaker 1: also in the red, led by two percent losses in Italy. 587 00:32:25,520 --> 00:32:28,000 Speaker 1: Back in the US, on the economic Frinday thirty, Chicago 588 00:32:28,120 --> 00:32:30,880 Speaker 1: fed and at nine forty five January p m I s. 589 00:32:31,320 --> 00:32:34,160 Speaker 1: On the geopolitical front, the US has ordered families of 590 00:32:34,240 --> 00:32:37,080 Speaker 1: diplomats out of the Ukraine, and the New York Times 591 00:32:37,120 --> 00:32:40,920 Speaker 1: report that Biden is weighing deploying troops to Eastern Europe. 592 00:32:41,280 --> 00:32:44,719 Speaker 1: In Dean news. In Europe, Unilever jumped after people familiar 593 00:32:44,800 --> 00:32:48,080 Speaker 1: said that Nelson Peltz built a stake. Pelton received a 594 00:32:48,200 --> 00:32:52,920 Speaker 1: letter from activist investor Blackwells. Coles surge percent pre market 595 00:32:52,960 --> 00:32:56,720 Speaker 1: after Sigamore Partners reportedly reached out about a takeover, and 596 00:32:56,880 --> 00:33:00,560 Speaker 1: When Resorts is looking to sell its online sports bed business. 597 00:33:01,000 --> 00:33:03,480 Speaker 1: In other news, fouch He says the Omicron virus is 598 00:33:03,600 --> 00:33:06,960 Speaker 1: moving in the right direction and wrapping things up a 599 00:33:07,040 --> 00:33:09,040 Speaker 1: risk and Networks was raised to buy its City group. 600 00:33:09,280 --> 00:33:12,280 Speaker 1: Netflix cut the hold of Jeffreys and PPG was cut 601 00:33:12,360 --> 00:33:16,000 Speaker 1: to equate. Over at Wells Fargo, Live from the first 602 00:33:16,200 --> 00:33:18,960 Speaker 1: Breaking News Tascom Bill Maloney, Karen, all right, Bill, thank 603 00:33:18,960 --> 00:33:21,200 Speaker 1: you to hear live breaking news over here. Bloomberg type 604 00:33:21,240 --> 00:33:23,800 Speaker 1: squawk on your turbine. I'll ascue you a w K 605 00:33:24,000 --> 00:33:26,720 Speaker 1: and that's a Bloomberg business flash. Now here's Michael Barrow 606 00:33:26,760 --> 00:33:29,480 Speaker 1: with more on what's going on around the world. Michael, Karen, 607 00:33:29,560 --> 00:33:31,840 Speaker 1: thank you very much. The State Department is ordering the 608 00:33:31,960 --> 00:33:34,840 Speaker 1: families of all American personnel at the U. S Embassy 609 00:33:34,920 --> 00:33:38,320 Speaker 1: in Kiev to leave the country and is allowing non 610 00:33:38,440 --> 00:33:41,920 Speaker 1: essential staff to leave Ukraine. The move comes amid heightened 611 00:33:42,000 --> 00:33:45,560 Speaker 1: fears of a Russian invasion of Ukraine despite talks between 612 00:33:45,680 --> 00:33:49,480 Speaker 1: US and Russian officials. One of President Trump's strongest defenders 613 00:33:49,600 --> 00:33:52,320 Speaker 1: is said to have talked to the House elect Committee 614 00:33:52,520 --> 00:33:56,320 Speaker 1: investigating the January six attack on the Capitol. The chairman 615 00:33:56,360 --> 00:34:00,200 Speaker 1: of the committee says former President Trump's attorney, the Attorney General, 616 00:34:00,280 --> 00:34:03,840 Speaker 1: William Barr, has spoken to the panel. In the NFL, 617 00:34:03,960 --> 00:34:07,640 Speaker 1: the Chiefs beat the bills forty two thirty six and overtime. 618 00:34:08,160 --> 00:34:11,960 Speaker 1: That means the Kansas City Chiefs face the Cincinnati Bengals 619 00:34:12,160 --> 00:34:14,400 Speaker 1: for the a f C title. The Rams beat the 620 00:34:14,440 --> 00:34:17,800 Speaker 1: Bucks thirty seven. Los Angeles will now face the forty 621 00:34:17,880 --> 00:34:21,640 Speaker 1: Niners for the NFC Championship. In the NBA, the Knicks 622 00:34:21,640 --> 00:34:24,760 Speaker 1: Celtics in Warriors One, the Nets lost in the NHL, 623 00:34:24,880 --> 00:34:28,520 Speaker 1: The Devil's Lost. Global News twenty four hours a day 624 00:34:28,600 --> 00:34:31,440 Speaker 1: on air and on Bloomberg Quick Take, powered by more 625 00:34:31,560 --> 00:34:34,440 Speaker 1: than twenty seven under journalist an analysts in more than 626 00:34:34,520 --> 00:34:37,440 Speaker 1: a hundred twenty countries. I'm Michael Barr. This is Bloomberg. 627 00:34:38,120 --> 00:34:42,360 Speaker 1: The following commentary is from Bloomberg Opinion. We'll all be 628 00:34:42,440 --> 00:34:46,520 Speaker 1: immunized against COVID nineteen soon. I'm Justin Fox, a columnist 629 00:34:46,560 --> 00:34:50,279 Speaker 1: for Bloomberg Opinion. As COVID nineteens omicron wave begins to 630 00:34:50,360 --> 00:34:53,960 Speaker 1: subside in the US, one thing seems clear. After it 631 00:34:54,000 --> 00:34:56,719 Speaker 1: has passed, the number of Americans who have been neither 632 00:34:56,840 --> 00:35:00,720 Speaker 1: infected by nor vaccinated against the disease will be pretty 633 00:35:00,760 --> 00:35:03,960 Speaker 1: close to zero. As we've all learned, the immunity provided 634 00:35:03,960 --> 00:35:07,319 Speaker 1: by vaccines and prior infections isn't perfect. You can still 635 00:35:07,360 --> 00:35:10,359 Speaker 1: get infected, but you're much less likely to get very ill. 636 00:35:10,760 --> 00:35:14,880 Speaker 1: Some studies have shown vaccines giving better protection some prior infections. 637 00:35:15,320 --> 00:35:19,520 Speaker 1: Both clearly provide some immunity boosters, and improved vaccines can 638 00:35:19,560 --> 00:35:23,360 Speaker 1: provide even more. An encouraging vaccination should remain a priority, 639 00:35:23,640 --> 00:35:27,320 Speaker 1: but sequestering the unvaccinated from the rest of US probably shouldn't. 640 00:35:27,480 --> 00:35:31,480 Speaker 1: Despite having arrived via different roots, one far more dangerous 641 00:35:31,560 --> 00:35:33,920 Speaker 1: than the other, we are for now all in the 642 00:35:34,040 --> 00:35:37,600 Speaker 1: same boat. I'm justin Fox. For more opinion, please go 643 00:35:37,680 --> 00:35:40,680 Speaker 1: to Bloomberg dot com, Slash Opinion or O P I 644 00:35:40,880 --> 00:35:44,200 Speaker 1: n go on the Bloomberg terminal. These has been Bloomberg 645 00:35:44,280 --> 00:35:47,760 Speaker 1: Opinion and Bloomberg Opinion commentaries can be heard every weekday 646 00:35:47,800 --> 00:35:50,440 Speaker 1: at this time, and terminal customers can read more at 647 00:35:50,520 --> 00:35:53,320 Speaker 1: O P I n go. It's a fifty one on 648 00:35:53,400 --> 00:35:55,360 Speaker 1: Wall Street, and we turned to news and science and 649 00:35:55,440 --> 00:35:58,080 Speaker 1: technology now at the Bloomberg and J I T. STEM 650 00:35:58,239 --> 00:36:01,440 Speaker 1: Report brought to you Buying News. The Institute of Technology 651 00:36:01,560 --> 00:36:04,640 Speaker 1: ranked a top fifty national public university by US News 652 00:36:04,680 --> 00:36:08,040 Speaker 1: and World Report and top ten for best career placement 653 00:36:08,080 --> 00:36:11,200 Speaker 1: among public schools by the Princeton Review. More at N 654 00:36:11,280 --> 00:36:13,919 Speaker 1: J I T dot E DU Now. Here's what's making 655 00:36:13,960 --> 00:36:17,960 Speaker 1: news and science, technology, engineering, and math. The US reported 656 00:36:18,000 --> 00:36:22,319 Speaker 1: a six thousand new vaccine doses administered on Sunday. That's 657 00:36:22,320 --> 00:36:25,680 Speaker 1: the lowest number since October, despite near record high infections 658 00:36:25,680 --> 00:36:30,080 Speaker 1: and hospitalizations. According to the Bloomberg Vaccine Tracker, vaccinations peaked 659 00:36:30,160 --> 00:36:32,800 Speaker 1: last April and more than four and a half million 660 00:36:32,920 --> 00:36:36,080 Speaker 1: daily shots. Bitcoin has lost more than half of its 661 00:36:36,200 --> 00:36:39,120 Speaker 1: value since heading a high back in November. The drop 662 00:36:39,160 --> 00:36:41,320 Speaker 1: has wiped out more than six hundred billion dollars in 663 00:36:41,360 --> 00:36:44,520 Speaker 1: market value and over one trillion dollars has been lost 664 00:36:44,600 --> 00:36:48,320 Speaker 1: from the aggregate crypto market. And after one hundred sixty 665 00:36:48,400 --> 00:36:52,360 Speaker 1: years in the business, Standard Chartered Bank says its transaction 666 00:36:52,440 --> 00:36:55,920 Speaker 1: volumes in South Africa are now cashless. The pandemic and 667 00:36:56,000 --> 00:37:00,160 Speaker 1: the ensuing lockdown across the continent coaxed Standard Banks customers 668 00:37:00,160 --> 00:37:03,719 Speaker 1: into switching to digital banking. According to a CI, worldwide 669 00:37:03,800 --> 00:37:08,040 Speaker 1: digital payments will account for all transactions in India by 670 00:37:09,360 --> 00:37:11,680 Speaker 1: and as the Bloomberg and j I t Stem report. 671 00:37:11,840 --> 00:37:15,040 Speaker 1: Nathan thanks Karen or Alive from the Bloomberg Interactive Brokers studios. 672 00:37:15,040 --> 00:37:16,920 Speaker 1: Where it's six fifty two on Wall Street time to 673 00:37:17,000 --> 00:37:18,640 Speaker 1: check what's going on in the c Some of the 674 00:37:18,719 --> 00:37:21,600 Speaker 1: top stories in our nation's capital include the US ordering 675 00:37:21,680 --> 00:37:25,120 Speaker 1: families of diplomats out of Ukraine. President Biden is reportedly 676 00:37:25,120 --> 00:37:28,080 Speaker 1: considering sending troops to Eastern Europe has tensions with Russia 677 00:37:28,200 --> 00:37:31,240 Speaker 1: rise close to the boiling point. Secretary of State Anthony B. Lincoln, 678 00:37:31,280 --> 00:37:33,400 Speaker 1: though says now is not the time for sanctions, at 679 00:37:33,480 --> 00:37:35,600 Speaker 1: least not yet. The most important thing we can do 680 00:37:35,840 --> 00:37:38,480 Speaker 1: is to use them as a deterrent, as a means 681 00:37:38,520 --> 00:37:42,240 Speaker 1: of dissuading Russia from engaging in further aggression. One sanctions 682 00:37:42,280 --> 00:37:45,080 Speaker 1: are triggered, you lose the detern effect. Secretary Blincoln was 683 00:37:45,120 --> 00:37:48,520 Speaker 1: on CBS's Face the Nation, But Democratic Senator Chris Coons 684 00:37:48,600 --> 00:37:51,160 Speaker 1: is making the case for some sanctions now to show 685 00:37:51,239 --> 00:37:54,520 Speaker 1: resolve the very strongest sanctions, the sorts of sanctions that 686 00:37:54,600 --> 00:37:57,120 Speaker 1: we use to bring a run to the table is 687 00:37:57,200 --> 00:38:00,800 Speaker 1: something that we should hold out as a current to 688 00:38:01,040 --> 00:38:04,880 Speaker 1: prevent Putin from taking the last step of invading Ukraine. 689 00:38:04,920 --> 00:38:08,239 Speaker 1: Senator Coon's was on ABC's This Week. Also making news, 690 00:38:08,400 --> 00:38:11,719 Speaker 1: Senator Bernie Sanders saying it's time to stop negotiating and 691 00:38:11,880 --> 00:38:14,959 Speaker 1: start voting on pieces of President Biden's build back better. 692 00:38:15,160 --> 00:38:18,719 Speaker 1: Let's put a strong bill on the floor and miss 693 00:38:18,760 --> 00:38:20,959 Speaker 1: the mansion and the cinema want to vote against little 694 00:38:21,000 --> 00:38:24,200 Speaker 1: whatever Republicans want to vote against, we can go from there. 695 00:38:24,320 --> 00:38:27,040 Speaker 1: Senator Sanders was on NBC's Meet the Press, and a 696 00:38:27,120 --> 00:38:30,400 Speaker 1: reported draft order for the National Guard to seize ballot 697 00:38:30,480 --> 00:38:33,560 Speaker 1: boxes after the election has the attention of the House. 698 00:38:33,680 --> 00:38:37,080 Speaker 1: January six, Committee Chairman Bennie Thompson tells CBS has Face 699 00:38:37,160 --> 00:38:40,359 Speaker 1: the Nation. They've discussed it with former Attorney General William Barr. 700 00:38:40,560 --> 00:38:45,319 Speaker 1: We've had conversations with the former Attorney General Aureatic. We've 701 00:38:45,360 --> 00:38:49,320 Speaker 1: talked the Department of Defense individuals. We are concerned that 702 00:38:49,480 --> 00:38:54,000 Speaker 1: our military was part of this big laugh on promoting 703 00:38:54,480 --> 00:38:57,160 Speaker 1: that the election was false. Face the Nation, Meet the 704 00:38:57,200 --> 00:38:59,320 Speaker 1: Press and this week can be heard every Sunday on 705 00:38:59,360 --> 00:39:02,360 Speaker 1: Bloomberg Video. For more, We're joined this morning by Bloomberg 706 00:39:02,440 --> 00:39:06,239 Speaker 1: Government reporter Emily Wilkins with the situation in Ukraine front 707 00:39:06,280 --> 00:39:09,640 Speaker 1: and center. Emily, what's the latest so over the weekend. 708 00:39:10,239 --> 00:39:13,520 Speaker 1: As we reported on Friday, uh the the US did 709 00:39:13,680 --> 00:39:18,200 Speaker 1: ask for families of Americans in Ukraine to leave. They 710 00:39:18,280 --> 00:39:21,920 Speaker 1: also asked for some embassy workers to leave the country 711 00:39:22,000 --> 00:39:23,960 Speaker 1: as well, warning that they might not be able to 712 00:39:24,040 --> 00:39:28,719 Speaker 1: protect Americans should Russia invade. There's also Nathan, as you 713 00:39:28,760 --> 00:39:32,240 Speaker 1: alluded to with those clips, a very heated discussion happening 714 00:39:32,400 --> 00:39:35,480 Speaker 1: in Washington right now over whether more needs to d 715 00:39:35,560 --> 00:39:38,120 Speaker 1: us needs to do more, that they shouldn't wait until 716 00:39:38,200 --> 00:39:41,920 Speaker 1: you Russia invades Ukraine. Should they move now, Should we 717 00:39:42,040 --> 00:39:45,560 Speaker 1: send troops, should we said more funding, should we send ammunition? 718 00:39:46,080 --> 00:39:48,000 Speaker 1: This is something the U. S. Senate as well as 719 00:39:48,040 --> 00:39:51,719 Speaker 1: the House, we're talking about doing prior to departing. I mean, 720 00:39:51,840 --> 00:39:54,520 Speaker 1: the big question now is that the houses out this week, 721 00:39:54,640 --> 00:39:58,279 Speaker 1: Senators out this week, Congress is not around, and so 722 00:39:58,520 --> 00:40:01,279 Speaker 1: there's a question of whether makers would be able to 723 00:40:01,440 --> 00:40:05,200 Speaker 1: act quickly or potentially act before Putin makes the potential 724 00:40:05,320 --> 00:40:08,600 Speaker 1: first move into Ukraine. And this is something that President 725 00:40:08,640 --> 00:40:11,759 Speaker 1: Biden has also been briefed on over the weekend. What 726 00:40:11,880 --> 00:40:14,759 Speaker 1: it would look like to move potentially troops into um 727 00:40:15,080 --> 00:40:18,360 Speaker 1: eastern Europe, what it would mean to start imposing some 728 00:40:18,480 --> 00:40:21,440 Speaker 1: of these stactions that they've threatened right now due to 729 00:40:21,600 --> 00:40:24,640 Speaker 1: this military build up. As you mentioned, Congress is out 730 00:40:24,800 --> 00:40:27,759 Speaker 1: this week, and it sounds like the debate is resuming 731 00:40:27,920 --> 00:40:31,360 Speaker 1: over whether to keep negotiating or whether to start voting 732 00:40:31,600 --> 00:40:35,839 Speaker 1: on President Biden's economic agenda. Yeah, so what's Senator Bernie 733 00:40:35,920 --> 00:40:38,200 Speaker 1: Sanders kind of proposed over the weekend. It kind of 734 00:40:38,280 --> 00:40:40,839 Speaker 1: goes into line with how more and more Democrats are 735 00:40:40,920 --> 00:40:43,279 Speaker 1: thinking about the package. They say, Okay, if we can't 736 00:40:43,320 --> 00:40:46,799 Speaker 1: move forward on build back better as it is right now, 737 00:40:47,280 --> 00:40:49,440 Speaker 1: what can we move forward on? Because we know that 738 00:40:49,560 --> 00:40:53,240 Speaker 1: Senator Joe Mansion and Senator Kirsten Senma they do support 739 00:40:53,360 --> 00:40:56,600 Speaker 1: various parts of this package. It's just that they don't 740 00:40:56,640 --> 00:40:59,919 Speaker 1: support the entire thing, and so there are questions about 741 00:41:00,040 --> 00:41:03,560 Speaker 1: how do they move forward. And Democrats, both progressives and 742 00:41:03,719 --> 00:41:06,759 Speaker 1: more moderates, they've pointed out that even passing just a 743 00:41:06,840 --> 00:41:10,360 Speaker 1: few of these things would lead to major transformative changes. 744 00:41:10,440 --> 00:41:12,600 Speaker 1: That you don't need to have a one point eight 745 00:41:12,680 --> 00:41:15,360 Speaker 1: trillion dollar bell, you could have something much smaller that 746 00:41:15,400 --> 00:41:18,680 Speaker 1: would impact many Americans. The Democrats really they see the 747 00:41:18,760 --> 00:41:20,920 Speaker 1: need to get moving on this. There was some question 748 00:41:21,000 --> 00:41:23,560 Speaker 1: about why the last several weeks were spent on a 749 00:41:23,719 --> 00:41:26,400 Speaker 1: doom to fail voting rights measure. Um, they want to 750 00:41:26,440 --> 00:41:29,000 Speaker 1: get back to the discussion on this social policy and 751 00:41:29,160 --> 00:41:32,640 Speaker 1: tax plan. Again, they're not here this week, so we'll 752 00:41:32,680 --> 00:41:36,080 Speaker 1: see what the discussion looks and sounds like. When they 753 00:41:36,120 --> 00:41:38,760 Speaker 1: get back that first week of February. All right, Bloomberg 754 00:41:38,800 --> 00:41:41,520 Speaker 1: Government reporter Emily Wilkins keeping us on top of what's 755 00:41:41,560 --> 00:41:45,719 Speaker 1: happening in the nation's capital. Even with Congress out this week, 756 00:41:45,800 --> 00:41:47,920 Speaker 1: it sounds like there could be a lot of backdoor 757 00:41:48,040 --> 00:41:51,799 Speaker 1: negotiations on a number of fronts as lawmakers head back 758 00:41:51,880 --> 00:41:54,520 Speaker 1: to their constituencies. And you can read more about all 759 00:41:54,600 --> 00:41:58,200 Speaker 1: these stories on Bloomberg dot com or on the Bloomberg terminal. 760 00:41:58,440 --> 00:42:01,440 Speaker 1: Follow all the latest on Bloomberg, Rate you in Washington, Bloomberg, 761 00:42:02,680 --> 00:42:05,120 Speaker 1: and one oh five point seven fm h D two. 762 00:42:05,560 --> 00:42:07,840 Speaker 1: Looking ahead to the market open on this Monday morning, 763 00:42:07,920 --> 00:42:11,279 Speaker 1: futures are moving lower, though pulling back from some of 764 00:42:11,320 --> 00:42:14,040 Speaker 1: their deepest losses in the pre market. Right now, SMP 765 00:42:14,200 --> 00:42:17,399 Speaker 1: futures are down eight points, Dow futures down sixty four, 766 00:42:17,480 --> 00:42:20,960 Speaker 1: NASTACK futures are lower by forty three points. The tenure 767 00:42:21,000 --> 00:42:23,719 Speaker 1: Treasury is now up five thirty seconds, the yield one 768 00:42:23,760 --> 00:42:26,200 Speaker 1: point seven three percent. Yield on the two year now 769 00:42:26,280 --> 00:42:29,600 Speaker 1: one point zero one percent. Nimex screwed up a tenth 770 00:42:29,680 --> 00:42:32,280 Speaker 1: percent at eighty five dollars twenty four cents of barrel. 771 00:42:32,560 --> 00:42:36,800 Speaker 1: Komex gold up four tenth percent at eighteen forty forty announced, 772 00:42:37,080 --> 00:42:39,120 Speaker 1: and the euro is at one point one three zero 773 00:42:39,239 --> 00:42:42,560 Speaker 1: four against the dollar. Bloomberg surveillance is up next for 774 00:42:42,880 --> 00:42:47,440 Speaker 1: Karen Moscow. I'm Nathan Hager. This is Bloomberg