WEBVTT - Bloomberg Daybreak: January 24, 2022 - Hour 2 (Radio) 0:00:01.120 --> 0:00:04.800 By from the Bloomberg Interactive Brooker Studios is Bloomberg Daybreak 0:00:04.840 --> 0:00:09.280 for Monday, January two. Coming up this hour, the US 0:00:09.400 --> 0:00:12.560 orders families of diplomats to leave Ukraine as tensions with 0:00:12.680 --> 0:00:15.520 Russia mount. On Wall Street, stop future Slump as the 0:00:15.640 --> 0:00:18.599 sell off looks to continue, Coldman Sachs comes out with 0:00:18.640 --> 0:00:21.960 a hawkish forecast for FED policy, and Dr Anthony Fauci 0:00:22.079 --> 0:00:25.640 says the omicron outbreak but soon. New York City is 0:00:25.680 --> 0:00:28.400 reeling from the deadly shooting of the police officer. Plus 0:00:28.640 --> 0:00:32.320 trial begins for three x Minneapolis policemen involved in George 0:00:32.360 --> 0:00:35.640 Floyd's death. High Michael Barr More Ahead, I'm John Stash. 0:00:35.680 --> 0:00:38.040 Aaron sports that Jeans beat the Pills in an epic 0:00:38.080 --> 0:00:40.640 playoff game, the Rams beat the Bucks, the nixt one, 0:00:40.680 --> 0:00:45.479 the Nets, and Devil's Law. That's all straight ahead on 0:00:45.680 --> 0:00:51.440 Bloomberg Daybreak on Bloomberg eleven three, on New York, Bloomberg one, Washington, 0:00:51.560 --> 0:00:55.640 d C, Bloomberg one of six one, Boston, Bloomberg nine sixties, 0:00:55.680 --> 0:00:59.680 San Francisco, Sirius x M one nineteen and around the 0:00:59.680 --> 0:01:03.080 world on Bloomberg Radio dot Com and via the Bloomberg 0:01:03.120 --> 0:01:09.920 Business and good morning. I'm Karen Moscow. I'm Nathan Hagar. 0:01:09.959 --> 0:01:13.080 Bloomberg Daybreak brought to you by Interactive Brokers Global Analysts. 0:01:13.080 --> 0:01:16.080 Global Analysts helps you find new global investment opportunities. To 0:01:16.120 --> 0:01:20.160 diversify your portfolio and discover undervalued companies. Try Global Analysts 0:01:20.160 --> 0:01:22.960 today at I b k R dot com. Slash g 0:01:23.200 --> 0:01:26.760 A and futures are lower this morning after last week 0:01:26.880 --> 0:01:29.000 sell off six o one on Wall Street. We checked 0:01:29.000 --> 0:01:31.520 the markets every fifteen minutes throughout the trading day. On 0:01:31.560 --> 0:01:34.920 Bloomberg SMP future is down about sixteen points down, futures 0:01:34.920 --> 0:01:38.800 down eight seven, NASDAG futures down eighty two. The tenure 0:01:38.800 --> 0:01:41.840 Treasury up nine thirty seconds, yield one point seven two percent. 0:01:42.200 --> 0:01:45.040 Yield on the two year point nine nine percent. Ninemex 0:01:45.080 --> 0:01:48.480 screwed oil is down about two ten percent, and bitcoin 0:01:48.760 --> 0:01:51.920 is down five point six percent. Nathan, all right, Karen, 0:01:51.920 --> 0:01:53.480 We'll have more on markets in a minute, but we 0:01:53.560 --> 0:01:56.480 begin with the latest geopolitical tensions between the White House 0:01:56.480 --> 0:01:59.800 and Moscow, concerns over a Russian invasion of Ukraine and 0:02:00.160 --> 0:02:03.360 US taking steps to protect Americans in the country. Amy 0:02:03.400 --> 0:02:07.240 Morris has the latest from our Bloomberg newsroom in Washington. 0:02:07.480 --> 0:02:11.280 Washington ordered diplomats families to leave Ukraine. The UK withdrawing 0:02:11.320 --> 0:02:14.200 about half of its embassy staff and their families. EU 0:02:14.320 --> 0:02:17.120 ministers are talking with Secretary of State Anthony B. Lincoln 0:02:17.280 --> 0:02:20.320 about next steps. They're prepared to say that any further 0:02:20.400 --> 0:02:24.440 military aggression by Russia will have quote massive consequences and 0:02:24.639 --> 0:02:28.480 severe costs. This as President Biden is reportedly weighing whether 0:02:28.520 --> 0:02:31.280 to send troops to Eastern Europe to support NATO allies. 0:02:31.560 --> 0:02:33.840 The New York Times reports that would involve up to 0:02:33.880 --> 0:02:37.679 five thousand troops plus warships and aircraft. In Washington, I 0:02:37.760 --> 0:02:40.480 maybe Morris Bloomberg Daybreak, All right, Amy, thank you. While 0:02:40.520 --> 0:02:43.280 Secretary of State Anthony blancoln is speaking out on the 0:02:43.280 --> 0:02:47.000 pending conflict with Russia. He's rejecting pressure to escalate sanctions 0:02:47.000 --> 0:02:49.880 on Moscow, saying it would limit his options in the future. 0:02:50.280 --> 0:02:53.959 The purpose of those sanctions is to deter Russian aggression, 0:02:54.440 --> 0:02:57.280 and so if they're if they're triggered now, you lose 0:02:57.320 --> 0:03:00.200 the detern effect. And Anthony Blanken made the com it's 0:03:00.240 --> 0:03:03.320 on NBC's Meet the Press, or in Sundays on Bloomberg Radio, 0:03:03.520 --> 0:03:06.080 let's turn back to markets now, Karen, where US futures 0:03:06.120 --> 0:03:09.000 are slumping once again. Last week sell off shows no 0:03:09.160 --> 0:03:12.560 sign of slowing. Bloomberg's John Tucker joins US Live with 0:03:12.600 --> 0:03:15.680 the latest. John, Good morning, name in the NASTAC one hundred, 0:03:15.720 --> 0:03:18.000 coming off its worst week since the start of the 0:03:18.000 --> 0:03:21.720 pandemic in March of twenty the end of central bank stimulus, 0:03:21.800 --> 0:03:25.200 as many rethinking their outlooks. The FETE decision on Wednesday 0:03:25.320 --> 0:03:28.200 is expected to signal a March interest rated hike and 0:03:28.280 --> 0:03:31.040 a balance sheet reduction later this year. The U S 0:03:31.040 --> 0:03:35.560 stocks have historically performed well during rate hike cycles. They've risen. 0:03:35.600 --> 0:03:38.760 They at an average annualized rate of nine percent during 0:03:38.960 --> 0:03:42.440 all hiking cycles since the nineteen fifties. But that's no 0:03:42.520 --> 0:03:45.600 comfort this morning. The NASDEK futures right now, they are 0:03:45.720 --> 0:03:50.040 down sixty eight points and still strategists do remain optimistic. 0:03:50.320 --> 0:03:53.560 On average, they project the SMP five hundred will finish 0:03:53.560 --> 0:03:56.040 the year just shy of five thousand. It will be 0:03:56.600 --> 0:03:59.720 percent above Friday's closing level. Line to New York. I'm 0:03:59.800 --> 0:04:02.840 John Tucker, Bloomberg Daybreak. All right, John, thank you all, 0:04:02.840 --> 0:04:05.160 as we wait for a Wednesday's FED decision. One Wall 0:04:05.160 --> 0:04:07.600 Street Bank is out with a hawkish forecast. If we 0:04:07.640 --> 0:04:09.600 get the latest lie from Bloomberg Shore, I need a 0:04:09.640 --> 0:04:12.280 young good morning, ready to good morning, Karen Goldman. SAX 0:04:12.320 --> 0:04:15.880 economists say the FIT could tighten policy more aggressively than 0:04:15.920 --> 0:04:21.160 anticipated their clocking rates increases in March, June, September, and December, 0:04:21.400 --> 0:04:23.400 and for the Central Bank to announce the start of 0:04:23.400 --> 0:04:27.520 a balance sheet reduction in July. Goldman economists are concerned 0:04:27.560 --> 0:04:31.640 because the omicron variant is prolonging supplied demand imbalances, and 0:04:31.720 --> 0:04:35.600 there's continued strength and wage growth, which together could increase 0:04:35.680 --> 0:04:39.400 ongoing inflation pressures. Live in New York. I'm gonna need 0:04:39.400 --> 0:04:41.919 a young Bloomberg daybreak, and we need an anticipation of 0:04:41.960 --> 0:04:45.120 tighter policy from the Fed is also weighing on Bitcoin. That, 0:04:45.320 --> 0:04:47.240 combined with word that the White House is preparing a 0:04:47.320 --> 0:04:50.640 strategy for digital assets, has Bitcoin hitting a low of 0:04:50.680 --> 0:04:54.240 thirty four thousand over the weekend. The cryptocurrency is down 0:04:54.240 --> 0:04:56.839 nearly fifty percent from its all time high in November, 0:04:56.839 --> 0:05:00.440 and checking Bitcoin now, it's at thirty three one d dollars. 0:05:00.880 --> 0:05:03.599 Let's turn to the pandemic now. Nathan us COVID cases 0:05:03.640 --> 0:05:06.039 appear to be leveling off, and there's hope the numbers 0:05:06.040 --> 0:05:09.599 could soon start heading south. Dr Anthony Faunci says this 0:05:09.680 --> 0:05:12.719 surge could be nearing its peak, but if the pattern 0:05:13.279 --> 0:05:16.640 follows the trend that we're seeing in other places, things 0:05:16.680 --> 0:05:18.919 are looking good. We don't want to get over confident, 0:05:19.320 --> 0:05:21.000 but they all look like they're going in the right 0:05:21.040 --> 0:05:23.680 direction right now. Dr Faunci made the comments on a 0:05:23.800 --> 0:05:27.159 DC's This Week ord Sundays on Bloomberg Radio well COVID's 0:05:27.160 --> 0:05:29.400 Front and Center in Europe. This morning, Karen is British 0:05:29.440 --> 0:05:32.880 Prime Minister Boris Johnson faces his most crucial weekend office. 0:05:33.240 --> 0:05:34.960 Let's go live to London and get the latest from 0:05:34.960 --> 0:05:37.800 Bloomberg's U and Potts. Good morning you, and in fact 0:05:37.880 --> 0:05:41.159 it's Max Ramsey head morning, Good morning Mason, and Karen said. 0:05:41.200 --> 0:05:43.919 Battles on multiple fronts for Boris Johnson. We await the 0:05:43.920 --> 0:05:47.160 results of an investigation from a senior civil servant into 0:05:47.240 --> 0:05:52.000 apparently lockdown breaking part parties in Downing Street. Also, the 0:05:52.040 --> 0:05:54.680 conduct of the government's whips is in questions that these 0:05:54.680 --> 0:05:57.080 are loanmakers who are in charge of discipline within the 0:05:57.080 --> 0:06:01.440 Prime Minister's Conservative Party. They're facing allegations of amail and Islamophobia, 0:06:01.480 --> 0:06:03.760 both of which they're denying, but are so far breas 0:06:03.839 --> 0:06:06.120 Johnson has managed to keep rebellions from his party from 0:06:06.160 --> 0:06:09.680 growing too overwhelming. But really a challenging week to come 0:06:09.760 --> 0:06:12.400 for the Prime Minister. Live in London, Max Ramsey bloom 0:06:12.440 --> 0:06:14.640 Back daybreak. All right, Max, thank you. While back here 0:06:14.640 --> 0:06:16.719 in the US, some corporate news to get you caught 0:06:16.800 --> 0:06:19.480 up on shares. The Coals are up twenty nine percent. 0:06:19.600 --> 0:06:22.880 The department store chain is fielding interests from two potential buyers. 0:06:23.160 --> 0:06:26.400 Sources say the latest bid comes from Sycamore Partners. Earlier, 0:06:26.440 --> 0:06:29.880 another bitter backed by hedge fund Starboard Value, offered nine 0:06:29.920 --> 0:06:33.560 billion dollars for Coals. Activist investors have been pressuring Coals 0:06:33.600 --> 0:06:36.360 to sell, and Peloton shares are up one percent. Karen 0:06:36.360 --> 0:06:39.279 Bloomberg News has learned an activist investor will push Peloton 0:06:39.360 --> 0:06:42.080 to fire at CEO and try to sell itself. Blackwell's 0:06:42.120 --> 0:06:44.240 Capital has less than a five percent stake in the 0:06:44.240 --> 0:06:48.080 fitness company. Pelotons shares have plunged more than eighty percent 0:06:48.200 --> 0:06:50.240 from their all time high a year ago, and on 0:06:50.279 --> 0:06:52.719 the economic front today, Nathan and News survey shows a 0:06:52.720 --> 0:06:55.599 build up of US inflation and labor shortages. The National 0:06:55.600 --> 0:06:58.800 Association for Business Economics set more than a half of 0:06:58.800 --> 0:07:01.960 the company surveyed bosted prices in the fourth quarter. That's 0:07:02.000 --> 0:07:05.040 the highest in the surveys forty year history. On top 0:07:05.080 --> 0:07:08.000 of that, more than expect higher wage costs in the 0:07:08.040 --> 0:07:12.600 next three months. Futures this morning are falling in straight ahead, 0:07:12.640 --> 0:07:16.160 your latest local headlines, plus the check of sports, and 0:07:16.480 --> 0:07:24.520 this is Bloomberg. Thanks Karen. At six oh seven on 0:07:24.560 --> 0:07:27.200 Wall Street where thirty degrees in Central Park still dealing 0:07:27.240 --> 0:07:29.360 with an accident on the westbound Belt Parkway headed to 0:07:29.440 --> 0:07:32.600 JFK the tails coming up in traffic. First Michael Barr 0:07:32.640 --> 0:07:34.520 with what else is going on in New York and 0:07:34.560 --> 0:07:36.840 around the world. Michael, thank you very much. Nathan. New 0:07:36.920 --> 0:07:40.360 York City is preparing to later rest a rookie police 0:07:40.440 --> 0:07:44.040 officer killed last week. Funeral services for twenty two year 0:07:44.040 --> 0:07:47.520 old New York City police officer Jason Rivera are being finalized. 0:07:47.840 --> 0:07:51.840 Rivera and officer Wilbert More were shot Friday night while 0:07:51.840 --> 0:07:54.560 answering a call about an argument between a woman and 0:07:54.640 --> 0:07:57.960 her adult son in Harlem. Moura was wounded and is 0:07:58.040 --> 0:08:00.840 fighting for his life. The man police you say shot 0:08:00.920 --> 0:08:04.840 them also was wounded by a third responding officer. New 0:08:04.920 --> 0:08:07.520 York City Mayor Eric Adams vows to take action to 0:08:07.560 --> 0:08:11.239 address not just the latest police shooting, but crime in general. 0:08:11.440 --> 0:08:14.840 This is a sea of crime that's been fed by 0:08:14.920 --> 0:08:17.840 many rivers, and we have to damn each one of 0:08:17.880 --> 0:08:20.680 those rivers, and we have been unsuccessful to do so 0:08:21.160 --> 0:08:24.600 throughout the years. These crimes, they not thought um during 0:08:24.640 --> 0:08:27.440 my administration, to have been here for far too long 0:08:27.680 --> 0:08:30.720 and many parts of our community. Mayor Adams on CNN 0:08:30.840 --> 0:08:34.120 also mentioned another high profile crime that occurred more than 0:08:34.160 --> 0:08:36.680 a week ago. A forty year old woman on a 0:08:36.720 --> 0:08:40.440 subway platform in Times Square, Michelle Go was shoved in 0:08:40.520 --> 0:08:43.600 front of an incoming train by a mentally ill homeless man. 0:08:44.120 --> 0:08:46.640 General leeber Is, the CEO of the m t A, 0:08:46.920 --> 0:08:50.760 but a relatively small number of mentally ill homeless, but 0:08:51.080 --> 0:08:54.359 their impact on the subway system and on the ridership 0:08:54.760 --> 0:08:58.920 and God forbid, on safety is disproportionate. The m t 0:08:59.080 --> 0:09:01.719 a's General Eibers says, the fact that had happened and 0:09:01.760 --> 0:09:05.120 one of the most iconic spots emphasizes the problem New 0:09:05.200 --> 0:09:08.679 York City faces. Opening statements begin today in the federal 0:09:08.720 --> 0:09:12.960 trial for three former Minneapolis police officers charged with violating 0:09:12.960 --> 0:09:16.480 George Floyd's civil rights as Derek Chauvin pinned his neck 0:09:16.520 --> 0:09:19.200 to the street. All three a charge for failing to 0:09:19.240 --> 0:09:23.480 provide Floyd with medical care. The adult film actress who 0:09:23.640 --> 0:09:27.320 made lawyer Michael Lavenati famous four years ago, will be 0:09:27.360 --> 0:09:30.400 the key witness in the New York courtroom. Prosecutors are 0:09:30.440 --> 0:09:33.840 trying to prove Avonati cheated Stormy Daniels of three hundred 0:09:33.880 --> 0:09:37.400 thousand dollars in book proceeds. Opening statements are scheduled for today. 0:09:37.960 --> 0:09:41.040 Jury selection begins today in New York for former Alaska 0:09:41.080 --> 0:09:45.560 governor and vice presidential candidate Sarah Palin's lawsuit against The 0:09:45.559 --> 0:09:49.520 New York Times. Palin accuses the Times of defamation over 0:09:50.679 --> 0:09:54.080 editorial Global news twenty four hours a day on air 0:09:54.200 --> 0:09:57.320 and on Bloomberg Quick Take, powered by more than twenty 0:09:57.360 --> 0:10:01.520 seven under journalist and analysts more than trees. Michael Bard, 0:10:01.559 --> 0:10:08.400 this is Bloomberg Nather. Thank you, Michael. Come up to 0:10:08.440 --> 0:10:10.520 sixth CEN on Wall Street time for the Bloomberg Sports 0:10:10.559 --> 0:10:13.200 Update with John Stshowner and Nathan Has there ever been 0:10:13.240 --> 0:10:16.120 a more exciting NFL playoff game Bills and Chiefs. Just 0:10:16.280 --> 0:10:19.120 in the final two minutes of regulation, they scored twenty 0:10:19.160 --> 0:10:22.440 five points, had three lead changes twice. The Bills thought 0:10:22.440 --> 0:10:24.520 they had won with a Josh Allen touchdown past to 0:10:24.600 --> 0:10:27.160 Gabriel David's who caught four on the night, but they 0:10:27.240 --> 0:10:30.480 kept leaving Kansas anytime, even when Buffalo scored a go 0:10:30.480 --> 0:10:34.280 ahead TV with only thirteen seconds ago, enough time for 0:10:34.360 --> 0:10:37.079 Patrick Mahomes. Two completions got the Chiefs in position for 0:10:37.120 --> 0:10:39.600 a game time field goal. They went to overtime. Kansas 0:10:39.640 --> 0:10:43.160 City won the coin flip and then the game. Maholmes 0:10:43.200 --> 0:10:45.480 looks to throw it up, taking right side. He wants 0:10:45.559 --> 0:10:51.880 a cupboard that is called Mike Kelsey down kids sitting 0:10:52.200 --> 0:10:54.920 one of the greatest DULs in the history of the 0:10:55.000 --> 0:11:00.360 National Football League. Patrick Maholmes to Travis Charlsey, the stake 0:11:00.520 --> 0:11:05.400 come back in the Chiefs one that's incredible. Divisional playoff 0:11:05.480 --> 0:11:09.240 game forty two to thirty six Chiefs Radio, Mahomes and 0:11:09.400 --> 0:11:14.120 Allen a classic quarterback duel. They combined for sixty completions 0:11:14.160 --> 0:11:17.079 over seven hundred yards, seven touchdowns on a hundred thirty 0:11:17.080 --> 0:11:20.240 seven rushing yards. It's mahomes on. The Chiefs will host 0:11:20.240 --> 0:11:22.959 Cincinnati for the a f C Championship. The Rams will 0:11:22.960 --> 0:11:25.160 host the forty Niners in the NFC l A Blue 0:11:25.160 --> 0:11:28.199 a four point lead, Tom Brady rallied Tampa Bay to 0:11:28.280 --> 0:11:30.200 a tide in the Rams, helped by a forty four 0:11:30.280 --> 0:11:32.719 yard completion, picked a field goal to win thirty to 0:11:32.880 --> 0:11:35.520 twenty seven. After three straight home losses, Nicks beat the 0:11:35.559 --> 0:11:37.679 Clippers the Garden one ten, one oh two. R J. 0:11:37.800 --> 0:11:40.760 Barrett scored twenty six. Nick started tough week tonight in Cleveland. 0:11:40.960 --> 0:11:44.640 Nets lost at Minnesota one five. Devil's loss to the 0:11:44.720 --> 0:11:47.480 Kings three to two. American Taylor Fritz, playing right now 0:11:47.480 --> 0:11:50.240 at the Australian Open, once set all the stafinal sits 0:11:50.240 --> 0:11:53.600 a Fox Don Statue lay, Bloomberg Sports Thanks john SMP 0:11:53.720 --> 0:11:57.200 Futures Downtown five points down Futures and nanstat Futures both 0:11:57.200 --> 0:11:59.560 down twenty eight points to tend your treasury up nine 0:11:59.600 --> 0:12:08.240 thirty beckens the yield one. This is Bloomberg, Bloomberg eleven 0:12:08.280 --> 0:12:10.839 three oh weather. Sunny, mid thirties today, partly sunny, a 0:12:10.920 --> 0:12:14.079 high near forty tomorrow sunshine Wednesday, but Ohio only near 0:12:14.200 --> 0:12:22.280 twenty five degrees currently clouds and thirty degrees in Central Park. Markets, 0:12:22.400 --> 0:12:25.480 headlines and breaking news twenty four hours a day at 0:12:25.520 --> 0:12:28.920 Bloomberg dot Com, the Bloomberg Business Out and at Bloomberg 0:12:29.000 --> 0:12:38.679 Quick Tape this is a Bloomberg business lash and I'm 0:12:38.760 --> 0:12:41.920 Karen Moscow. And equities in Europe are falling this morning. 0:12:42.000 --> 0:12:44.880 US Dot Index futures are lower as well as the 0:12:44.960 --> 0:12:47.880 road and technology shares deepens and it concerns over the 0:12:47.880 --> 0:12:50.920 Federal Reserve's imminent rate and lift off bonds are gaining. 0:12:51.240 --> 0:12:53.439 And we check the markets every fifteen minutes throughout the 0:12:53.440 --> 0:12:56.360 trading day. On Bloomberg Guess and P futures are down 0:12:56.400 --> 0:12:59.600 seven points down, futures down forty seven, nosday futures down 0:12:59.600 --> 0:13:02.280 to thirty nine. The decks in Germany is down one 0:13:02.320 --> 0:13:05.840 point six per set ten. Your treasury up eight thirty seconds. 0:13:05.840 --> 0:13:07.760 He had one point seven two percent. The yield on 0:13:07.840 --> 0:13:10.640 a two year point nine nine percent ni Max screwed 0:13:10.679 --> 0:13:12.760 oil is down three tens per cent, or twenty six 0:13:12.840 --> 0:13:14.880 cents at eighty four dollars. Eighty eight cents of barrel 0:13:15.120 --> 0:13:17.480 comex schooled up four tenths per cent, or seven dollars 0:13:17.559 --> 0:13:20.480 at eighteen forty one ten announced the euro one point 0:13:20.520 --> 0:13:22.920 one three one seven against the dollar, British found one 0:13:22.960 --> 0:13:25.400 point three five and the ends at one thirteen point 0:13:25.520 --> 0:13:29.800 seven three bitcoin this morning, also falling at thirty three thousand, 0:13:30.040 --> 0:13:33.959 nine hundred dollars, and IBM is among companies schedule to 0:13:34.000 --> 0:13:37.040 report earnings today. That's a Bloomberg business flash. Now here's 0:13:37.040 --> 0:13:39.400 Michael Barrow with more onless going on around the world. 0:13:39.520 --> 0:13:42.720 Muffel Karen, thank you very much. The US ordered family 0:13:42.800 --> 0:13:45.959 members at its embassy in Ukraine to leave dudes with 0:13:46.080 --> 0:13:49.560 the continued threat of Russian military action, while the US 0:13:49.640 --> 0:13:52.920 renewed warnings that Russia could send forces into Ukraine at 0:13:52.920 --> 0:13:56.679 any time. There's word President Joe Biden is considering deploying 0:13:56.800 --> 0:14:00.360 troops to Eastern Europe and the Baltics. The yer Old 0:14:00.400 --> 0:14:04.200 trial for three former Minneapolis police officers charged with violating 0:14:04.240 --> 0:14:07.559 George Floyd's civil rights is Derek Chauvintinda's Neck to the 0:14:07.600 --> 0:14:10.640 Street is set to begin today with opening statements in 0:14:10.880 --> 0:14:14.120 the NFL. The Chiefs beat the Bills and an ot 0:14:14.440 --> 0:14:18.280 thriller forty two thirty six and that means Kansas City 0:14:18.360 --> 0:14:20.960 faces the Bingals for the a f C title. The 0:14:21.080 --> 0:14:24.440 Rams beat the Bucks thirty seven. Los Angeles went out 0:14:24.520 --> 0:14:28.680 face the forty Niners for the NFC Championship. In the NBA, 0:14:28.840 --> 0:14:31.760 the Nicks, Celtics and Warriors won. The Nets lost in 0:14:31.840 --> 0:14:35.280 the NHL The Devil's Lost. Global News twenty four hours 0:14:35.320 --> 0:14:38.440 a day on air and on Bloomberg Quick Take, powered 0:14:38.480 --> 0:14:41.200 by more than twenty seven hundred journalist and analyists more 0:14:41.200 --> 0:14:44.560 than a hundred twenty countries. Michael bar this is Bloomberg. 0:14:44.680 --> 0:14:47.000 Nathan all right, Michael, thanks at six nineteen on Wall 0:14:47.040 --> 0:14:49.680 Street Live from the Bloomberg Interactive Brokers Studios. This is 0:14:49.680 --> 0:14:52.520 Bloomberg Daybreak, and we turn our attention now to the pandemic. 0:14:52.680 --> 0:14:55.280 Dr Anthony Fauci says, things look like they're going in 0:14:55.360 --> 0:14:58.640 the right direction with the omicron variant if it keeps 0:14:58.720 --> 0:15:01.760 up the top White Howse medical advisor says COVID could 0:15:01.840 --> 0:15:05.640 diminish to a level of control. Control means you're not 0:15:05.760 --> 0:15:08.640 eliminating it, you're not eradicating it, but it gets down 0:15:08.720 --> 0:15:12.640 to such a low level that it's essentially integrated into 0:15:12.720 --> 0:15:16.480 the general respiratory infections that we have learned to live with. 0:15:16.840 --> 0:15:19.720 Dr Facci spoke on ABC's This Week, Heard Sundays on 0:15:19.840 --> 0:15:23.120 Bloomberg Radio. Joining us this morning is Professor g. Grandville 0:15:23.360 --> 0:15:26.040 of the Johns Hopkins Bloomberg School of Public Health. So 0:15:26.080 --> 0:15:27.920 what do you think, professor, are we getting close to 0:15:28.040 --> 0:15:32.080 a point where where we can live with COVID? Well, 0:15:32.120 --> 0:15:34.320 we still have a lot of people getting infected every 0:15:34.400 --> 0:15:37.560 day and a lot of hospitalizations and too many deaths. 0:15:37.720 --> 0:15:41.040 But I think a better day is ahead and I think, 0:15:41.160 --> 0:15:44.200 you know, Tony Facci says it well, where we're getting 0:15:44.240 --> 0:15:47.360 to a point where it's going to be something that 0:15:47.520 --> 0:15:50.120 we will live with. But let's not forget about the 0:15:50.160 --> 0:15:53.520 rest of the world while we're living with it here. Yeah, 0:15:53.680 --> 0:15:55.520 let's let's talk about that a little bit. That that 0:15:55.680 --> 0:15:59.280 comes down to vaccinations, doesn't it Whether we can continue 0:15:59.360 --> 0:16:02.720 to boo and fully vaccinate people in this country while 0:16:02.880 --> 0:16:06.360 still getting vaccines to the rest of the world. Are 0:16:06.440 --> 0:16:10.320 we striking that balance properly? Well, we are giving a 0:16:10.400 --> 0:16:12.720 lot of vaccines away, but the world needs to do 0:16:12.840 --> 0:16:14.720 a much better job of this, and we need to 0:16:14.840 --> 0:16:18.160 partner with other nations, including China, to make sure that 0:16:18.600 --> 0:16:21.800 people have access to their first doses, never mind their 0:16:21.840 --> 0:16:25.360 second or third. Um, we have seeing the rise of 0:16:25.560 --> 0:16:29.920 Delta and a Macon. All of these things happen because 0:16:30.000 --> 0:16:34.520 we have a vulnerable population and and we can't ignore 0:16:34.680 --> 0:16:37.600 the rest of the world's vulnerable populations. So we need 0:16:37.640 --> 0:16:40.680 to vaccinate. And it sounds like you're implying that that 0:16:41.000 --> 0:16:43.320 raises the risk if we don't get enough of a 0:16:43.560 --> 0:16:47.440 level of vaccination that we could see more variants down 0:16:47.520 --> 0:16:51.000 the line. What's the risk in your mind that future 0:16:51.080 --> 0:16:54.920 variant could be worse than Delta, given that a Macron 0:16:55.240 --> 0:17:01.120 apparently wasn't at least in terms of severity. Yeah, viruses, 0:17:02.120 --> 0:17:05.760 they evolved to become more transmissible. UM, how severe they 0:17:05.800 --> 0:17:11.080 are is really a matter of um of the how 0:17:11.320 --> 0:17:14.440 how well the virus does, it doesn't really matter to it. 0:17:14.680 --> 0:17:18.200 So I think we need to just try and eliminate 0:17:18.520 --> 0:17:21.800 the possibility of too many more variants coming um and 0:17:21.960 --> 0:17:25.200 hopes that you know, they could be more severe. So 0:17:25.320 --> 0:17:27.879 we have to do what we can. And this discussion 0:17:27.920 --> 0:17:31.280 about putting COVID in the background, getting it under control. 0:17:31.359 --> 0:17:33.159 As you know, a lot of Americans, a lot of 0:17:33.200 --> 0:17:35.679 people around the world have gotten to a point at 0:17:35.720 --> 0:17:38.000 least in their own minds that it's in the background 0:17:38.080 --> 0:17:39.760 for them. They want to get back to their lives, 0:17:39.800 --> 0:17:44.200 and a number of businesses or dialing back restrictions on 0:17:44.320 --> 0:17:46.399 coming back to the office. Now with it seeming like, oh, 0:17:46.440 --> 0:17:49.960 Macron is getting in the right direction, what's your advice 0:17:50.040 --> 0:17:53.680 for people as they sort of navigate the way things 0:17:53.760 --> 0:17:59.159 are now? Yeah, form for most people who are who 0:17:59.240 --> 0:18:04.000 have gotten their vaccines, including their booster, they are taking 0:18:04.080 --> 0:18:07.960 precautions when they go into crowded places. Um. This is 0:18:08.040 --> 0:18:10.560 a this is a risk that many people can can 0:18:10.640 --> 0:18:13.800 take and to safely gather UM. But we still have 0:18:14.000 --> 0:18:19.200 some vulnerable populations here, so UM, please try to take 0:18:19.320 --> 0:18:22.680 more precautions in the coming weeks, um than maybe a 0:18:22.800 --> 0:18:25.040 month or two from now. There's going to be more 0:18:25.119 --> 0:18:28.840 drugs available for treating people who have UM who can't 0:18:28.920 --> 0:18:32.359 be uh protected by the vaccine. And we also need 0:18:32.440 --> 0:18:34.920 to make sure that we get vaccine to the under 0:18:34.960 --> 0:18:37.520 five crowd as well. When do you think that's going 0:18:37.560 --> 0:18:40.120 to happen? It seems like it's taken quite a while 0:18:40.240 --> 0:18:45.440 for under fives to get vaccines. Absolutely. Yeah. The word 0:18:45.600 --> 0:18:47.119 is that it's with it going to be within the 0:18:47.200 --> 0:18:49.960 next couple of months, So UM, six to eight weeks 0:18:50.119 --> 0:18:53.400 to be conservative at least that's what that what Dr 0:18:53.480 --> 0:18:58.120 faucci Um implied a few days ago, last thirty seconds here. 0:18:58.119 --> 0:19:01.040 You're probably aware of the anti vaccine mandate that happened 0:19:01.080 --> 0:19:03.119 in Washington, d C. Over the weekend. A lot of 0:19:03.160 --> 0:19:07.520 people arguing for natural immunity as something that can help 0:19:07.680 --> 0:19:11.760 against omicron or any other variant. What's the case for 0:19:12.000 --> 0:19:16.439 for natural immunity is that enough? Well, it hasn't been 0:19:16.600 --> 0:19:20.200 enough to um if people had had Delta to protect 0:19:20.280 --> 0:19:24.359 them against omicron, etcetera. So UM, it's it's not enough. UM. 0:19:24.680 --> 0:19:28.040 But you know, natural immunity can give you a lot 0:19:28.119 --> 0:19:31.960 of protection. It just might also hospitalize or potential to 0:19:32.040 --> 0:19:34.200 kill you in the process. So a safer course of 0:19:34.280 --> 0:19:37.119 action is to get vaccinated. As always, thank you for 0:19:37.200 --> 0:19:40.800 your insights. Professor G. Grandvald the Johns Hopkins Bloomberg School 0:19:40.800 --> 0:19:43.119 of Public Health, supported by Michael Bloomberg. He is the 0:19:43.160 --> 0:19:47.440 founder and majority owner of Bloomberg Radio's parent company, Bloomberg Lp. 0:19:48.119 --> 0:19:51.159 SMP futures now ten point, staff futures down sixty two, 0:19:51.280 --> 0:19:55.520 NASTAC futures down fifty four points, just ahead diplomats families 0:19:55.600 --> 0:19:58.719 ordered out of Ukraine. A hawkish forecast from Goldman Sachs 0:19:58.880 --> 0:20:00.480 as we checked the five they is you need to 0:20:00.560 --> 0:20:08.400 notice start your day. This is Bloomberg Bloomberg eleven three 0:20:08.440 --> 0:20:11.359 oh weather sunny, mid thirties today, partly sunny, a near 0:20:11.440 --> 0:20:15.440 forty tomorrow, sunny highs in the mid twenties on Wednesday. 0:20:15.560 --> 0:20:22.640 Right now cloudy and thirty degrees in Central Park. Broadcasting 0:20:22.760 --> 0:20:26.440 live from the Bloomberg Interactive Broker Studio in New York, 0:20:26.560 --> 0:20:29.680 Bloomberg E living three on to Washington, d C, Bloomberg 0:20:30.640 --> 0:20:33.879 to Boston, Bloomberg one O six one to San Francisco, 0:20:33.960 --> 0:20:37.399 Bloomberg nine six to the country, Sirius XM Cho one 0:20:37.520 --> 0:20:41.200 nine and around the globe the Bloomberg business in Bloomberg 0:20:41.320 --> 0:20:50.600 Radio dot Com. This is Bloomberg Daybreak. It's six thirty 0:20:50.640 --> 0:20:53.400 on Wall Street. Good morning. I'm Nathan Hagar and I'm 0:20:53.480 --> 0:20:56.119 Karen Moscow. We are just about three hours away from 0:20:56.160 --> 0:20:58.320 the open of US trading. It is time for the 0:20:58.440 --> 0:21:00.840 five things you need to notice start your day. Brought 0:21:00.880 --> 0:21:04.000 to you by Interactor Broker's Trade crypto for less coin 0:21:04.080 --> 0:21:06.440 with commissions just twelve to eighteen basis points and no 0:21:06.560 --> 0:21:09.560 hidden spreads or markups. Learn more at ibk R dot 0:21:09.640 --> 0:21:12.720 com Slash crypto up first, to begin with the latest 0:21:12.720 --> 0:21:16.120 geo political tensions between the US and Russia. The US 0:21:16.160 --> 0:21:19.320 has ordered families of diplomats to leave Ukraine and concerns 0:21:19.320 --> 0:21:23.120 about an invasion. Mount Bloomberg's said Bachet has the very latest. 0:21:23.480 --> 0:21:26.040 The signal is that Russia could invade at any time, 0:21:26.280 --> 0:21:28.760 and the State Department is issuing a statement saying quote, 0:21:29.040 --> 0:21:33.840 the security conditions, particularly along Ukraine's borders in Russia occupied 0:21:34.000 --> 0:21:38.600 Crimea and in Russia controlled Eastern Ukraine are unpredictable and 0:21:38.720 --> 0:21:42.680 can deteriorate with little notice. They're also reports that the 0:21:42.720 --> 0:21:46.240 Biden administration is thinking about sending troops into the region. 0:21:46.720 --> 0:21:49.880 In San Francisco, I'm at Baxter Bloomberg Daybreak, thanks said, 0:21:49.960 --> 0:21:53.200 turning into markets now, US futures are deteriorating. Is last 0:21:53.240 --> 0:21:55.560 week sell off look set to continue. Let's get the 0:21:55.640 --> 0:21:59.040 latest live. Here's Bloomberg's John Tucker John Nathan The NASA 0:21:59.160 --> 0:22:01.399 coming off it's first week since the start of the 0:22:01.440 --> 0:22:06.200 pandemic in March of It's now down over four from 0:22:06.240 --> 0:22:10.160 it's November high. The next Turtle for investors is Wednesday, 0:22:10.320 --> 0:22:13.000 when the Fed is expected to signal of March rate 0:22:13.080 --> 0:22:16.440 hike and balance sheet reduction later this year. The under 0:22:16.480 --> 0:22:19.879 Fed stimulus has prompted an exodus from high growth equities. 0:22:20.240 --> 0:22:23.520 Right now, Thadursday futures are leading declines. They are down 0:22:23.720 --> 0:22:26.600 sixty eight points. Live in New York. I'm John Tucker, 0:22:26.800 --> 0:22:29.480 Bloomberg Daybreak, John, thank you, as we wait for a 0:22:29.560 --> 0:22:32.280 Wednesday's Fed decision when Wall Street Bank is out without 0:22:32.320 --> 0:22:35.240 hawkish forecast, we get the latest line from Bloomberg's Ready 0:22:35.280 --> 0:22:38.000 to Young, Good morning, Ready, Good morning. Karen Goldman. SAX 0:22:38.080 --> 0:22:41.479