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Speaker 1: Five from the Bloomberg Interacted Berger Studios. This is Bloomberg

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Speaker 1: day Break for Monday, April four. Coming up this hour,

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Speaker 1: Negotiators from Russia and Ukraine prepared to resume peace talks.

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Speaker 1: At the same time, Chief accuses Kremlin forces of war

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Speaker 1: atrocities on the economic front, and news survey finds the

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Speaker 1: US boys for recession next year, and a prominent Wall

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Speaker 1: Street strategist says that bear market rally and stocks is over.

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Speaker 1: President Biden calls for Congress to act on guns after

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Speaker 1: the Sacramento shooting. Plus Broadways Macbeth has been halded after

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Speaker 1: Daniel Craig gets COVID. Michael bar more ahead, I've done

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Speaker 1: stashdown sports easy win for the next shootout loss for

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Speaker 1: the Rangers. South Carolina won the Women's NC double a

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Speaker 1: the men Late to Night. That's all straight Ahead on

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Speaker 1: Bloomberg day Break on Bloomberg Eliman Trio, New York, Bloomberg one, Washington,

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Speaker 1: d C, Bloomberg one, O six one, Boston, Bloomberg nine six,

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Speaker 1: San Francisco, Sirius Hexham one nineteen and around the world

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Speaker 1: Old on Bloomberg Radio dot Com and via the Bloomberg

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Speaker 1: Business at Good morning. I'm Nathan Hagar and I'm Karen Moscow.

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Speaker 1: When US stock index futures are starting out the week higher.

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Speaker 1: We're coming up to six one on Wall Street, and

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Speaker 1: we check the markets every fifteen minutes throughout the trading day.

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Speaker 1: On Bloomberg, Guess and Key futures up eight points this morning.

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Speaker 1: Down futures are little change, and Nasack futures of fifty three.

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Speaker 1: The decks in Germany's up almost two tenths of Upper said.

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Speaker 1: The tenure treasury down three thirties seconds, yield two point

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Speaker 1: three nine per cent, and they yield on the two

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Speaker 1: year two point four or five percent. Nathan, all right, Karen,

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Speaker 1: we'll have more on the markets in a minute. First,

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Speaker 1: the latest on the war. Negotiators from Russia and Ukraine

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Speaker 1: may resume video talks today. Meantime, the US and Ukraine

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Speaker 1: are calling on international courts to investigate potential war crimes

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Speaker 1: in the cities around Kiev. Bloomberg's Sad Baxter has the details.

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Speaker 1: Secretary of State Anthony B. Lincoln says the videos that

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Speaker 1: Ukraine released are alarming. We can't become none to this,

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Speaker 1: we can't normalize this um. This is the reality of

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Speaker 1: what's going on every single day, and through a translator,

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Speaker 1: President Vladimir Zolensky says the investigation has to go further

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Speaker 1: than just Vladimir putting all the military commanders, everyone who

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Speaker 1: gave instructions and orders should be punished. Zelenski says the

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Speaker 1: atrocities go way beyond torture. In San Francisco, I'm at

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Speaker 1: Baxter Bloomberg Daybreak, All right, and thank you. The European

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Speaker 1: Union is also speaking out on the war. Some EU

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Speaker 1: governments want to impose more sanctions following allegations of Russian

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Speaker 1: war crimes. They got live to London and get the

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Speaker 1: latest from Bloomberg's Max Ramsey. Good morning, Max, morning, Karen

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Speaker 1: and Nathan. We have this very powerful statement from the

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Speaker 1: EU blaming Russia for what they call haunting images of

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Speaker 1: large numbers of civilian casualties. The Foreign Affairs Chief Josett

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Speaker 1: Burrell says the massacres in Bootch and other Ukrainian towns

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Speaker 1: will be inscribed in the list of atrocities committed on

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Speaker 1: European soil. So now, the E says it will work

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Speaker 1: on further sanctions on Russia. Currently, this looks like strengthening

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Speaker 1: existing measures and closing loopholes, but there's some support for

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Speaker 1: much stronger action, whether on energy or on visas for Russians.

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Speaker 1: Russia does deny killing civilians, says the images are fake.

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Speaker 1: Live in London, Max Ramsey bloom Back Daybreak, Right, Max,

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Speaker 1: thank you. Let's turn from the war now and focus

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Speaker 1: on the economy. A new survey calls for a recession

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Speaker 1: in the US as soon as next year. Let's get

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Speaker 1: details on that Live from Bloomberg. Grenida Young, Good morning, Grenita,

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Speaker 1: Good morning Nathan. Close to half of financial professionals and

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Speaker 1: retail investors see a US recession next year. That's according

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Speaker 1: to results of our Bloomberg Markets Live weekly survey. Only

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Speaker 1: fifteen percent say it could happen this year flag and

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Speaker 1: sixteen percent see a US recession waiting until twenty five

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Speaker 1: or later. Just over half of the five twenty five

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Speaker 1: respondents believe the inversion between two and ten year treasury

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Speaker 1: yields is the most likely warning signal among yield curve inversions.

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Speaker 1: Live in New York. I'm really need a Young Bloomberg daybreak,

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Speaker 1: all right, need to thank you? And how will the

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Speaker 1: Fed respond at the current economic climate? We get some

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Speaker 1: clues this week with their marks from several officials, and

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Speaker 1: here with Mores Bloomberg's Charlie Pellett. Tomorrow, FED Governor Lele

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Speaker 1: Brainerd takes part in a virtual discussion on the unequal

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Speaker 1: impacts of inflation. It's hosted by the Minneapolis Fed. On Wednesday,

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Speaker 1: Philadelphia FEDE President Patrick Harker discusses the economic outlook. On Thursday, St.

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Speaker 1: Louis FED President Jim Butullard will discuss the economy and

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Speaker 1: molitary policy. Also Thursday, Raphael Bostick of the Atlanta FED

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Speaker 1: and Charlie Evans of the Chicago FED will take part

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Speaker 1: in an event on economic mobility and inclusive full employment

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Speaker 1: in New York. Charlie Pellett Bloomberg Daybreak, All right, Charlie,

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Speaker 1: Thanks on Wall Street. Looks like there could be more

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Speaker 1: pain ahead for stocks. That's according to one prominent strategist,

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Speaker 1: and we get the details on that live from Bloomberg's

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Speaker 1: John Tucker. John Nathan. The recent run up and the

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Speaker 1: S and P five had it was nothing more than

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Speaker 1: a bear market rally that's run its course. That's according

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Speaker 1: to Morgan Stanley strategist Mike Wilson. He thinks the index

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Speaker 1: is a rough month a hand as it becomes vulnerable

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Speaker 1: to slowing economic growth. In a note to clients, Wilson

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Speaker 1: says defensive stocks remain the place to be. Morgan Stanley

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Speaker 1: strategists are also more constructive on bonds than stocks over

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Speaker 1: the New York term. They say the thirty year bond

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Speaker 1: offers an excellent hedge against the growth scare they expect

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Speaker 1: from FED tightening. Live in New York. I'm John Tucker,

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Speaker 1: Bloomberg Daybreak. All right, John, thank you. In pre market

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Speaker 1: trading this morning, shares a test lot more than one

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Speaker 1: per cent over the weekend. The company said it delivered

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Speaker 1: more than three hundred ten thousand cars worldwide in the

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Speaker 1: first quarter. That's a record and came in above analysts estimates.

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Speaker 1: I meantime, Karen Shares of Starbucks are down one percent

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Speaker 1: in early trading. Founder Howard Schultz is making moves as

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Speaker 1: he returns to the CEO post. He's also suspending a

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Speaker 1: share buyback program, saying that cash could be better spent

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Speaker 1: on stores and staff. Sholtz sixty eight years old. He's

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Speaker 1: taking over from Kevin Johnson on an interim basis while

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Speaker 1: Starbucks searches for a permanent CEO on Ethan Start and

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Speaker 1: Asia performed well overnight. That's after China made a conciliatory move.

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Speaker 1: That clear move a key hurdle, and it's fine with

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Speaker 1: the US over auditing Chinese firms listed in New York.

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Speaker 1: We get the recap from Bloomberg's Juliette Sally. In Singapore,

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Speaker 1: Good morning, Juliet, Good morning, Karen. The m s CI

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Speaker 1: Asia Pacific Index gained after two sessions of losses, boosted

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Speaker 1: by internet giants ten Center and Ali Baba. The Hang

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Speaker 1: Sang Take Index gained more than four percent intra day

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Speaker 1: after China modified a decade long rule that restricted financial

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Speaker 1: data sharing by offshore listed firms. Japanese shares were fairly unchanged,

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Speaker 1: while stocks jumped in India on a financial sector merger,

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Speaker 1: and markets in mainland China and Taiwan were closed for holidays.

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Speaker 1: In Singapore, Juliette Sally Bloomberg debreak Okay, Juliet, Thanks. Let's

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Speaker 1: turn to politics in the region now with a change

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Speaker 1: on the way. In Hong Kong, chief executive Carrie Lamb

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Speaker 1: says she will not run for a second term. Bloomberg

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Speaker 1: Daybreak Asia anchor Brian Curtis has more. Lamb's announcement ends

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Speaker 1: a tumultuous five years that saw Hong Kong become more

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Speaker 1: isolated globally. I was due to a cracked on on

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Speaker 1: pro democracy protests and rigid COVID nineteen restrictions. Lamb said

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Speaker 1: she informed Beijing last year that she would not run

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Speaker 1: for a second five year term. On May eight, Brian

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Speaker 1: Curtis Bloomberg Daybreak. All right, Brian, thank you. Future is

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Speaker 1: moving higher this morning. Straight ahead your latest local headlines

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Speaker 1: in the check of sports. This is Bloomberg six o

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Speaker 1: seven on Wall Street, thirty nine degrees in Central Park.

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Speaker 1: Avoid the upper level of the George Washington Bridge. Will

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Speaker 1: tell away in traffic in just a minute. First, Michael

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Speaker 1: Bars here with more on what's going on in New

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Speaker 1: York and around the world. Michael, thank you very much.

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Speaker 1: Nathan President Biden says Congress must act on the guns

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Speaker 1: after the Sacramento shooting. Biden is calling for banning ghost guns,

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Speaker 1: limiting gun manufacturer liability immunity, and requiring background checks for

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Speaker 1: all gun sales. Sacramento police say at least two shooters

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Speaker 1: are at large after killing six people and wounding twelve others.

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Speaker 1: Early Sunday. Mayor Darrell Steinberg says it's past time to

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Speaker 1: deal with gun violence. It is beyond time to have

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Speaker 1: a sane conversation about guns in America. We have a sickness.

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Speaker 1: It's a sickness in our country. It's a sickness in

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Speaker 1: our culture. Mayor Steinberg says, so far, there was no

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Speaker 1: motive for the shooting. New York Mayor Eric Adams talked

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Speaker 1: about gun violence. Adam says he talked to the President

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Speaker 1: about the issue over the weekend. We really have to

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Speaker 1: have a combination. We have to stop the flow of guns,

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Speaker 1: but we must also do the job of getting the

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Speaker 1: guns off the streets. Des on there now and my

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Speaker 1: anti gun unit they're doing that. Just a few weeks out,

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Speaker 1: they removed over twenty something guns off the street. Adam

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Speaker 1: spoke on CBS is Face the Nation, which can be

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Speaker 1: heard Sundays on Bloomberg. Jerry's selection is set to begin

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Speaker 1: today and the sentencing trial of Parkland, Florida, school shooter

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Speaker 1: Nicholas Cruz. Jurors will decide whether sentencing him the death

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Speaker 1: for murders seven for murdering seventeen people in the eighteen massacre.

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Speaker 1: He confessed to opening fire at Marjorie Stoneman Douglas High

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Speaker 1: School and already pleaded guilty that those cry times last October.

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Speaker 1: US airlines are restoring service after bad weather and staffing

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Speaker 1: issues contributed to more than thirty five hundred weekend flight cancelations.

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Speaker 1: So far today, according to flight of Ware, only about

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Speaker 1: a hundred sixty two flights have been canceled. Daniel Craig's

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Speaker 1: returned a Broadway and a new version of Macbeth has

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Speaker 1: been temporarily hauled it after the actor contracted COVID nineteen

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Speaker 1: performances are canceled through Thursday. John Battiste took home Album

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Speaker 1: of the Year honors at last night's Grammys. Ukrainian President

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Speaker 1: Vladimir z Lenski appeared in a video message during the

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Speaker 1: show asking for support for the war in his country.

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Speaker 1: Tell the truth about war on your social netswors on TV,

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Speaker 1: support cost in any way. You can't anybody silence and

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Speaker 1: then peaceful gone. Zelenski made us plead during the Grammys

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Speaker 1: that were held in Las Vegas. Global News twenty four

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Speaker 1: hours a day on air and on Bloomberg quick Take,

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Speaker 1: powered by more than twenty seven hundred journalists and analysts

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Speaker 1: more than a hundred twenty countries. Michael Barr and this

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Speaker 1: is Bloomberg Lincoln. Okay, Michael, thank you. Almost six ten

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Speaker 1: on Wall Street time for the Bloomberg Sports Update with

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Speaker 1: John stash Our. All right. Nathan Perennial College basketball powers

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Speaker 1: meet tonight in New Orleans for the n C Double

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Speaker 1: A Championship. North Carolinas won the title six times, Kansas three.

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Speaker 1: The two teams met in the nineteen fifty seven final.

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Speaker 1: Tar Hills won fifty four fifty three in triple overtime.

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Speaker 1: South Carolina won the women's title in Minneapolis sixty nine

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Speaker 1: over ukon Gino r e M. I had been eleven

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Speaker 1: and oh from championship game. I've been in the other

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Speaker 1: locker room a lot of times, and so I know

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Speaker 1: what that feels like. I've been in this locker room,

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Speaker 1: and I know what that feels like. And one team

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Speaker 1: is going to be, you know, a national champion and

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Speaker 1: the other team's not. And I think they deserved. They

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Speaker 1: were the best team all year. Second championship ever for

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Speaker 1: the game Cops. Rangers at the guard against the Flyers,

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Speaker 1: a team the Rangers should beat. They did not tell

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Speaker 1: behind three nothing tied the game with three the third,

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Speaker 1: they had goals twelve seconds department. Philadelphia won four three

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Speaker 1: and a shootout on a goal by ex ranger Kevin

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Speaker 1: hey Is. Islanders got a hat trick from J. G. Pago.

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Speaker 1: He had it by early in the second period of

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Speaker 1: The Isles beat the Devil's four three easy win for

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Speaker 1: the next one, eighteen to eighty eight. In Orlando, just

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Speaker 1: the eighteenth ever trade between the Mets and the Yankees,

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Speaker 1: they swapped relievers. The Mets needed a lefty who the

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Speaker 1: departure of Aaron Loup. They sent Miguel Castro to the

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Speaker 1: Yanks for Joe Ellie Rodriguez. Yankees also sent reliever Albert

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Speaker 1: Abreo to Texas to catcher Jose Travino. Tiger Woods calls

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Speaker 1: himself a game time decision, unsure whether he'll play the Masters.

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Speaker 1: He suffered serious injuries fourteen months ago in that car

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Speaker 1: Accidentty had said recently he was just happy to have

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Speaker 1: his limbs intact, But Tiger recently played an eighteen whole

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Speaker 1: practice round at Augusta. Masters begins Thursday. Hourly reports throughout

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Speaker 1: on Bloomberg Radio, John Stashual Bloomberg Sport didn't all right, John,

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Speaker 1: thank you. Right now, S and P futures are up

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Speaker 1: two point four five percent. This is Bloomberg Bloomberg eleven

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Speaker 1: three oh weather, mostly sunny, mid fifties today, some late

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Speaker 1: back in the mid fifties by Wednesday, with rain ending

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Speaker 1: in the afternoon. Right now in Central Park Markets. Headlines

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Speaker 1: and breaking news twenty four hours a day at Bloomberg

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Speaker 1: dot Com, the Bloomberg Business at and at Bloomberg Quick Tape.

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Speaker 1: He's a Bloomberg Business lash and I'm Karen Moscow. We

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Speaker 1: are breaking news on Twitter. This morning, we go live

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Speaker 1: to New York and Bloomberg's John Tucker with the latest. John,

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Speaker 1: Good morning, Karen. This is according to a filing this

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Speaker 1: morning with the Securities and Exchange Commission, test Less CEO

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Speaker 1: Elon Busk has now taken a nine point two percent

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Speaker 1: steak in Twitter that ends up to a stackering seventy

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Speaker 1: three million cheers. No word from US so far usually

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Speaker 1: has a tendency to tweet about such things. Karen all right,

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Speaker 1: John Tucker, thank you and again. Shares of Twitter moving

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Speaker 1: higher this morning again, up about twenty seven percent. Stocks

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Speaker 1: in Europe and US Dock Index futures are gaining this

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Speaker 1: morning as traders way the latest developments in the Ukraine War,

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Speaker 1: with peace talks set to resume them at a new

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Speaker 1: push for stiffer sanctions on Russia. Check the markets every

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Speaker 1: P future is up about ten points now down futures

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Speaker 1: futures are getting a bit stronger this morning. The decks

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Speaker 1: in Germany up about two tents of uppercent, also extending

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Speaker 1: its gains. Have your treasury down five thirty seconds l

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Speaker 1: two point three nine percent now, the yield on the

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Speaker 1: this morning is at forty six thousand dollars. It's down

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Speaker 1: about eight tens of upper cent. That's of Bloomberg business

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Speaker 1: flash down. Here's Michael Barr with more on what's going

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Speaker 1: on around the world. Muchaele Karen, thank you very much.

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Speaker 1: Both the US and Ukraine are calling on international courts

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Speaker 1: to investigate potential war crimes in the city surrounding Kiev.

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Speaker 1: President Biden is calling on Congress to act on guns

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Speaker 1: after a mass shooting at Sacramento that left six dead

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Speaker 1: and twelve wounded. The Senate Judiciary Committee votes this morning

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Speaker 1: on whether to move Supreme Court nominique Tanji Brown Jackson's

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Speaker 1: nomination to the Senate floor. South Carolina has captured its

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Speaker 1: second national championship in the women's NC Double A basketball tournament.

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Speaker 1: The Gamecocks shut down yukon sixty forty nine. The men's

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Speaker 1: NC Double A tournament final is tonight between Kansas and

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Speaker 1: North Carolina. In the NBA the nixt one, the Celtics

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Speaker 1: beat the Wizards one four, one oh two. The Warriors

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Speaker 1: were also winners. In the NHL, the Islanders beat the

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Speaker 1: Devil's four three. The Rangers lost in the shoot out

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Speaker 1: to the Flyers. Also for three Global News twenty four

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Speaker 1: hours a day on air and on Bloomberg Quicktake, powered

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Speaker 1: by more than twenty seven hundred journalists, an analysts and

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Speaker 1: more than a hundred twenty countries. I'm Michael Barrn. This

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Speaker 1: is Bloomberg. Nathan Okay, Michael, thank you. It is six

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Speaker 1: twenty on Wall Street Live from the Bloomberg Interactive Brokers studios.

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Speaker 1: This is Bloomberg Daybreak and joining us now from Budapest

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Speaker 1: is Bloomberg's Maria Today, so as we continue following all

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Speaker 1: the latest on the war in Ukraine, not the least

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Speaker 1: of which is these images that Ukraine has put out

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Speaker 1: of what appeared to be atrocities committed by Russian forces

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Speaker 1: pulling out of the city of Bouscha. The European Union

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Speaker 1: has said it holds Russia responsible. How could europe respond, Maria, Well,

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Speaker 1: I mean we've all seen the pictures of this town,

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Speaker 1: which is on the outskirts of Kiva. Ukraine officials entered,

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Speaker 1: they see they liberated the town and they found mass graves,

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Speaker 1: reports skilled there's of course reports of sexual violence committed

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Speaker 1: on Ukrainian women. All of this has seen o very

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Speaker 1: well under every international convention would be war crimes. Today

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Speaker 1: were heard from the French president and my really does

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Speaker 1: war crimes that every more responsible will have to say

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Speaker 1: for the natural justice. The Polish Primnister on further, this

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Speaker 1: looks like genocide, And of course the question is what

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Speaker 1: do we do next? Working Europe do next? And a

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Speaker 1: lot of this will focus on the energy conversation. This

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Speaker 1: is something that Europe has tried to delay for a while.

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Speaker 1: They know that it will be a painful decision if

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Speaker 1: the embargo Russian energy, coal, gas. But ultimately, at this

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Speaker 1: point it is almost inevitable that this debate will have

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Speaker 1: to feature energy at one point. If there is the

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Speaker 1: possibility of oil being on the table here, I mean,

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Speaker 1: what could that mean for the market if we do

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Speaker 1: start to see Russian oil and gas actually being targeted

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Speaker 1: for sanctions by Europe. Look, I think first, in my

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Speaker 1: opinion and my guess on this is that Europeans see

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Speaker 1: oil as the money maker for Russia and gas as

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Speaker 1: a geopolitical arm of this whole thing. Then don't forget

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Speaker 1: that we also have coal coming in from Russia too.

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Speaker 1: So to me, the question is what is going to

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Speaker 1: be sanctioned first, if any and or is it all

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Speaker 1: going to happen at the same time, or do they

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Speaker 1: go cold first, oil next, and ultimately gas after. Given

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Speaker 1: the dependency that some European countries have. What's the repercussion?

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Speaker 1: Of course we know what the repercussions would look like.

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Speaker 1: It would probably send Europe into a recession. There's already

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Speaker 1: talked perhaps that we would have to start rationing energy.

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Speaker 1: You would see the cost of living once again go up.

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Speaker 1: We have seen built in Europe essentially rocket now for

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Speaker 1: eight months, and of course all the economic and social

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Speaker 1: repercussions that this has. But the debate that the European

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Speaker 1: leadership has to face now and really own is what's

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Speaker 1: more acceptable? What what's the right choice to make to

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Speaker 1: take an economic hit but try to accelerate the end

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Speaker 1: of the war, or just continue for small and targeted

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Speaker 1: sanctions hoping that there's a ceasefire with all of the

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Speaker 1: repercussions that it carrits in human life like we've seen

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Speaker 1: over the weekend obviously covering the Hungarian election ends and

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Speaker 1: the apparent victory of re election for Prime Minister Victor Orbon,

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Speaker 1: with Orbon continuing in power, Maria, how could that potentially

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Speaker 1: affect the dynamic when it comes to the e US

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Speaker 1: response to what is happening in Ukraine. Look, I think

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Speaker 1: we're going to see a lot of tension here. Who're

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Speaker 1: going to see a lot of scrutiny. And yesterday Victor

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Speaker 1: Orban it was really an incredible celebration speech. He said

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Speaker 1: he was able to have a great victory. You could

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Speaker 1: see him from the moon. It was so big that

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Speaker 1: you could see his victory from the moon. And he

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Speaker 1: blamed international finance, the international press. He talked about bureaucrats, Brussels,

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Speaker 1: all of his enemies, and he also name checked President Zelinsky.

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Speaker 1: So if you can see here this is a country

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Speaker 1: that is essentially breaking away from the rest of European diplomacy,

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Speaker 1: that it is becoming a headache for Europe and there's

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Speaker 1: going to be real questions as to whether or not

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Speaker 1: a hungary like this is actually compatible with European values values.

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Speaker 1: In our last thirty seconds here, Maria, we are expecting

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Speaker 1: possibly while it talks to resume between Russia and Ukraine.

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Speaker 1: How do you expect these talks to go given what

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Speaker 1: Ukraine is accusing Russia of committing in Bucha. Well, it's

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Speaker 1: it's it's what Ukraine says is there is there's crimes

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Speaker 1: happening here at people that were executed for noble reason,

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Speaker 1: raids being used as a world tool. All of this

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Speaker 1: of course, which Russia denies on the record, but you

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Speaker 1: can see that the foundations for actual honest talks will

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Speaker 1: clearly have been decimated by this. Bloomberg's Maria Today O

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Speaker 1: with us this morning from Budapest as we continue our

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Speaker 1: team coverage the latest on the war in Ukraine. Thank

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Speaker 1: you as always, Maria. Looking ahead to the market open

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Speaker 1: on this Monday morning, future is moving a bit higher,

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Speaker 1: with SMP futures right now up ten points, Staff futures

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Speaker 1: up thirty NASDAC futures higher by seventy one point. The

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Speaker 1: tenure treasury is down five thirty seconds. The yield two

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Speaker 1: point four zero percent yield on the two year two

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Speaker 1: point four five. We continue to watch shares of Twitter

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Speaker 1: on a filing that shows Elon Musk has taken a

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Speaker 1: nine point two percent passive stake in the social media app.

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Speaker 1: It's up nearly in the market and Bloomberg Daybreak is

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Speaker 1: brought to you by Ancient Accountants and Advisers. Challenging times

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Speaker 1: Visit Ancient dot Com broadcasting live from the Bloomberg Interactive

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Speaker 1: Broker Studio in New York, Bloomberg E Loving Freed to Washington,

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Speaker 1: d C. Bloomberg to Boston, Bloomberg one oh six one

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Speaker 1: to San Francisco Bloomberg and I'm sixteen to the country

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Speaker 1: Sirius XM to A one nine team, and around the

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Speaker 1: globe to the Bloomberg Business app and Bloomberg Radio dot com.

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Speaker 1: This is Bloomberg Daybreak hits six thirty on Wall Street.

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Speaker 1: Good Morning, I'm Nathan Hager and I'm Karin Moscow. We're

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Speaker 1: just about three hours away from the open of US trading.

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Speaker 1: Time for the five things you need to notice start

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Speaker 1: your day. Brought to you by Interactive Brokers. Interactive Brokers

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Speaker 1: charges Martin loan rates from zero point eight three percent

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Speaker 1: Learn more at ibk R dot com. Slash compare a first.

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Speaker 1: Russia and Ukraine may resume video talks later today. Even

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Speaker 1: as Kiev accuses Kremlin forces of carrying out attrocities, Russia

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Speaker 1: is dismissing images of executed unarmed civilians as fake. Ukrainian

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Speaker 1: President Vladimir Zolensky says the war is destroying his country.

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Speaker 1: We couldn't have imagined anything like this because this is

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Speaker 1: a maniuc type of decision to destroy the whole nation.

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Speaker 1: Zelinski spoke through an interpreter to face the nation on CBS.

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Speaker 1: You can catch the show every Sunday on Bloomberg Radio.

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Speaker 1: President Zelinsky also made an appearance of the Grammys with

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Speaker 1: a video message asking for more support our musicians, where

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Speaker 1: body armor instead of Lexi they seen to that wounded

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Speaker 1: in hospitals, even to those who can't hear them. But

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Speaker 1: then music breakthrough anway is accusing Russia of committing genocide

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Speaker 1: in Ukraine. Well, Nathan, some EU governments are pushing to

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Speaker 1: impose more sanctions following allegations of Russian war crimes, but

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Speaker 1: there's no consensus yet on a new sanctions package. Jamie

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Speaker 1: Diamond is also calling for more sanctions on Russia. Karen.

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Speaker 1: That came in his annual letter to shareholders whether JP

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Speaker 1: Morgan Chase CEO also said the Fed may raise rates

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Speaker 1: higher than markets expact. Meantime, Nathan, a new survey is

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Speaker 1: calling for a recession next year. And we get the

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Speaker 1: latest line from Bloomberg's rned A Young. Good morning, Rena,

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Speaker 1: Good morning, Karen Close to half of financial professionals and

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Speaker 1: retail investors see a US recession next year. That's according

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Speaker 1: to results of our Bloomberg Markets Live weekly survey. Only

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Speaker 1: fifteen percent say it could happen this year. Twenty one

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Speaker 1: percent flag twenty four is the most likely timing. Just

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Speaker 1: over half of the five twenty five respondents believed the

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Speaker 1: inversion between two and ten year treasure yields is the

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Speaker 1: most likely warning signal among yield curve inversions. Live in

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Speaker 1: New York, I'm Rennita Young, Bloomberg Daybreak. Vernita, thanks and

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Speaker 1: turning to corporate news this morning, some big breaking news

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Speaker 1: on Twitter. Bloomberg's John Tucker joins US live with that

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Speaker 1: John test Less CEO Elon Musk has now taken a

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Speaker 1: nine point two percent passive steak and Twitter snapping up

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Speaker 1: seventy three million common shares of the company. The news

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Speaker 1: comes from an SEC filing so far no comment for

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Speaker 1: a mosque, and in the pre market shares of Twitter

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Speaker 1: right now almost twenty eight percent. I'm John Tucker, Bloomberg Daybreak.

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Speaker 1: All right, John, thank you, try to head your latest

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Speaker 1: local headlines, plus a check of sports, and this is Bloomberg.

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Speaker 1: Thanks hearing six Wall Street, forty degrees in Central Park.

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Speaker 1: One hour delays now on the inbound upper level of

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Speaker 1: George Washington Bridge. More coming up in traffic. First, Michael

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Speaker 1: Barr is here with more on what's going on in

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Speaker 1: New York and around the world. Michael, morning, Thank you

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Speaker 1: very much. Nathan, good morning to you. President Biden is

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00:23:53,880 --> 00:23:57,280
Speaker 1: calling on Congress to take action against gun crimes after

430
00:23:57,320 --> 00:23:59,760
Speaker 1: six people were shot and killed early Sunday and down

431
00:23:59,840 --> 00:24:02,800
Speaker 1: to on. Sacramento Police say three men and three women

432
00:24:02,840 --> 00:24:06,680
Speaker 1: were fatally shot. Twelve others were wounded. Authorities say there

433
00:24:06,680 --> 00:24:10,200
Speaker 1: were at least two shooters. Sacramento Mayor Darryl Steinberg says

434
00:24:10,280 --> 00:24:13,600
Speaker 1: it has passed time to deal with gun violence. This

435
00:24:13,720 --> 00:24:17,359
Speaker 1: sickness will be cured Sunday in this country or we

436
00:24:17,480 --> 00:24:21,760
Speaker 1: will destroy ourselves in this country now. Your Steinberg says

437
00:24:21,760 --> 00:24:24,560
Speaker 1: a motive has not been offered. Meanwhile, New York Mayor

438
00:24:24,680 --> 00:24:27,159
Speaker 1: Eric Adam says he spoke the President Biden over the

439
00:24:27,160 --> 00:24:30,880
Speaker 1: weekend about gun violence. Adam says his crime Task Force

440
00:24:30,920 --> 00:24:34,760
Speaker 1: has been out on the streets collecting illegal weapons. Of

441
00:24:34,800 --> 00:24:39,440
Speaker 1: those who were carrying guns had prior violent offenses. So

442
00:24:39,560 --> 00:24:42,440
Speaker 1: we need to combine with that small number of people

443
00:24:42,440 --> 00:24:44,720
Speaker 1: who are carrying guns with the large number of guns

444
00:24:44,720 --> 00:24:48,119
Speaker 1: on our street and get both of us. Adams spoke

445
00:24:48,200 --> 00:24:50,960
Speaker 1: on CBSS Face the Nation, which can be heard Sundays

446
00:24:51,080 --> 00:24:54,200
Speaker 1: on Bloomberg. The Senate Judiciary Committee is set to vote

447
00:24:54,200 --> 00:24:57,320
Speaker 1: today on confirming Judge Catanzi Brown Jackson to the U. S.

448
00:24:57,320 --> 00:25:00,480
Speaker 1: Supreme Court. A full Senate vote is possible this week.

449
00:25:00,680 --> 00:25:04,320
Speaker 1: White House Chief of Staff Ron Klain she will get

450
00:25:04,440 --> 00:25:06,639
Speaker 1: enough votes to get confirmed in the and I suppose

451
00:25:06,680 --> 00:25:08,680
Speaker 1: that's the only thing that matters. But I wish more

452
00:25:08,880 --> 00:25:12,320
Speaker 1: Republicans would look at the case here, look at the record,

453
00:25:12,520 --> 00:25:15,400
Speaker 1: and vote to confirm Judge Jackson. Chief of Staff Clain

454
00:25:15,480 --> 00:25:18,680
Speaker 1: says Judge Jackson would be the first black woman confirmed

455
00:25:18,680 --> 00:25:21,919
Speaker 1: to the nation's highest court. However, Republican Senator Roy Blund

456
00:25:21,920 --> 00:25:24,600
Speaker 1: of Missouri says he won't go to confirm her. The

457
00:25:24,760 --> 00:25:29,080
Speaker 1: judicial philosophy seems to be not the philosophy of looking

458
00:25:29,119 --> 00:25:31,800
Speaker 1: at what the law says and the Constitution says and

459
00:25:31,880 --> 00:25:35,719
Speaker 1: applying that, but going through some method that allows you

460
00:25:35,840 --> 00:25:39,440
Speaker 1: to try to look at the Constitution as a more

461
00:25:39,480 --> 00:25:43,040
Speaker 1: flexible document and even the law. Both Senator Blunt and

462
00:25:43,160 --> 00:25:45,720
Speaker 1: Chief of staff. Klain spoke on ABC S this week,

463
00:25:45,720 --> 00:25:48,600
Speaker 1: which can be here at Sundays on Bloomberg, Daniel Craig's

464
00:25:48,640 --> 00:25:51,080
Speaker 1: returned to Broadway, and a new version of Macbeth has

465
00:25:51,119 --> 00:25:55,640
Speaker 1: been temporarily halted after the actor contracted COVID nineteen. Performances

466
00:25:55,680 --> 00:25:58,840
Speaker 1: are canceled through Thursday. John Pattis was the big one

467
00:25:58,840 --> 00:26:02,080
Speaker 1: every last Night's grant Me Awards with five including Album

468
00:26:02,160 --> 00:26:04,960
Speaker 1: of the Year. Silk Sonic took home Record of the Year.

469
00:26:05,000 --> 00:26:08,320
Speaker 1: The Food Fighters dominated in the rock categories, but skipped

470
00:26:08,359 --> 00:26:11,360
Speaker 1: the show over the death of drummer Taylor Hawkins. Global

471
00:26:11,400 --> 00:26:13,760
Speaker 1: News twenty four hours a day on air and on

472
00:26:13,800 --> 00:26:17,480
Speaker 1: Bloomberg Quicktake, powered by more than twenty seven hundred journalists

473
00:26:17,480 --> 00:26:20,080
Speaker 1: and analysts more than a hundred twenty countries. I'm Michael Barr.

474
00:26:20,119 --> 00:26:27,040
Speaker 1: This is Bloomberg Nake. Okay, Michael, thank you, Almost six

475
00:26:27,119 --> 00:26:29,159
Speaker 1: thirty six on Wall Street. Here John Sash with the

476
00:26:29,160 --> 00:26:32,640
Speaker 1: Bloomberg Sports Update. All right. Nathan Kansas and North Carolina

477
00:26:32,680 --> 00:26:34,520
Speaker 1: tonight in New Orleans for the n C Double A Championship.

478
00:26:34,600 --> 00:26:37,280
Speaker 1: Jaops have won the title three times, Carolina six times

479
00:26:37,440 --> 00:26:39,560
Speaker 1: was not expected to win this year. The Tunicles were

480
00:26:39,600 --> 00:26:42,640
Speaker 1: an eight seed. They lost five games by more than

481
00:26:42,720 --> 00:26:45,680
Speaker 1: sixteen points. They lost at home to lowly Pittsburgh. But

482
00:26:45,760 --> 00:26:48,640
Speaker 1: since that lost eleven and one, two wins over Duke

483
00:26:48,680 --> 00:26:51,200
Speaker 1: and now Hubert Davis. The x Nick has a chance

484
00:26:51,240 --> 00:26:54,000
Speaker 1: to make history win a championship as a rookie head coach.

485
00:26:54,040 --> 00:26:58,800
Speaker 1: And I'm thinking about are these kids, these players, And

486
00:26:58,840 --> 00:27:01,960
Speaker 1: I told them that, Um, how happy I am did

487
00:27:01,960 --> 00:27:03,720
Speaker 1: I get a front row seat just to be able

488
00:27:03,760 --> 00:27:06,280
Speaker 1: to for them to go through this season and go

489
00:27:06,400 --> 00:27:10,160
Speaker 1: through these experiences. It's a blessing for me. It's a privilege,

490
00:27:10,160 --> 00:27:13,200
Speaker 1: itous and honor. Those are the things that I'm foking about. Technically,

491
00:27:13,200 --> 00:27:15,800
Speaker 1: Steve Fisher won a title with Michigan in his first year,

492
00:27:15,800 --> 00:27:17,760
Speaker 1: but he was an interim coach who had just taken over.

493
00:27:17,800 --> 00:27:20,960
Speaker 1: The women's championship in Minneapolis, won easily by South Carolina.

494
00:27:22,359 --> 00:27:24,080
Speaker 1: You're gon final way for the next plane out the

495
00:27:24,119 --> 00:27:27,200
Speaker 1: Stray easy win by thirty. In Orlando. R J. Barrett

496
00:27:27,240 --> 00:27:30,240
Speaker 1: scored twenty seven at the Garden Rangers Trail Philadelphia three nothing.

497
00:27:30,320 --> 00:27:33,160
Speaker 1: Rallied to tie makers Avantage out and the new Ranger

498
00:27:33,160 --> 00:27:35,520
Speaker 1: Andrew cop scored twelve seconds to fire, but the Flyers

499
00:27:35,560 --> 00:27:38,240
Speaker 1: wont at four three in a shootout, Islanders beat the

500
00:27:38,240 --> 00:27:41,200
Speaker 1: Devil's that also for three, the hat trick for J. G. Pageot.

501
00:27:41,200 --> 00:27:43,119
Speaker 1: The Isles had won four in a row, but still

502
00:27:43,119 --> 00:27:46,120
Speaker 1: eleven points out for a playoff spot. A rare met

503
00:27:46,200 --> 00:27:49,480
Speaker 1: Yankee train Miguel Castro to the Yanks, Joe Ellie Rodriguez

504
00:27:49,520 --> 00:27:51,520
Speaker 1: to the Mets, a swap of relievers, and the Yanks

505
00:27:51,560 --> 00:27:54,040
Speaker 1: also sent reliever Albert de Brey to Texas to catcher

506
00:27:54,080 --> 00:27:58,199
Speaker 1: Jose Ravino. The Master's He's off Thursday. Reports throughout on

507
00:27:58,200 --> 00:28:01,439
Speaker 1: the radio, Will Tiger would Way. He calls himself a

508
00:28:01,560 --> 00:28:05,920
Speaker 1: game time decision. John Stature, bloomberg s works all right, John,

509
00:28:05,960 --> 00:28:08,119
Speaker 1: thank you. Six thirty seven on Wall Street. Time to

510
00:28:08,160 --> 00:28:10,200
Speaker 1: take a look at stock some of the names moving

511
00:28:10,240 --> 00:28:14,120
Speaker 1: in the pre market. Bloomberg Radio and TV Markets correspondent

512
00:28:14,200 --> 00:28:17,439
Speaker 1: Creany Gupta is back with us this morning from a

513
00:28:17,480 --> 00:28:20,720
Speaker 1: well deserved vacation, and boy, what a lot of moves

514
00:28:20,760 --> 00:28:25,600
Speaker 1: were seeing this morning, driven by Elon Musk. Yeah, I

515
00:28:25,600 --> 00:28:27,240
Speaker 1: think it's safe to say that, right, I think it

516
00:28:27,320 --> 00:28:30,400
Speaker 1: is safe to say that. And there's several movers here. Um,

517
00:28:30,560 --> 00:28:32,320
Speaker 1: let's just start with the Twitter story, because that's it's

518
00:28:32,359 --> 00:28:34,840
Speaker 1: obviously the biggest one. We heard John Tucker's talk about this.

519
00:28:35,160 --> 00:28:38,120
Speaker 1: Those shares t W t R soaring. We've got twenty

520
00:28:38,160 --> 00:28:41,160
Speaker 1: six percent in the pre market this morning. Of course,

521
00:28:41,160 --> 00:28:43,720
Speaker 1: it's comes after Elon Musk has taken a nine point

522
00:28:43,760 --> 00:28:46,720
Speaker 1: two percent passive steake in Twitter. That's according to a

523
00:28:46,920 --> 00:28:49,040
Speaker 1: thirteen G. Finally, I'm so waiting for him to actually

524
00:28:49,080 --> 00:28:52,160
Speaker 1: tweet about this, which will be interesting. Um what's interesting

525
00:28:52,840 --> 00:28:55,440
Speaker 1: you were waiting for it. What's interesting about this move

526
00:28:55,520 --> 00:28:57,640
Speaker 1: is that when you see Twitter shares move simply because

527
00:28:57,680 --> 00:29:00,200
Speaker 1: of the Jack Dorsey connection, you also see Square air

528
00:29:00,200 --> 00:29:02,440
Speaker 1: shares move. So keep an eye on s Q as

529
00:29:02,480 --> 00:29:04,680
Speaker 1: the ticker is not going to be driven necessarily by

530
00:29:04,680 --> 00:29:07,360
Speaker 1: fundamentals today, just because Elon Musk is not taking a

531
00:29:07,360 --> 00:29:09,719
Speaker 1: steak in Square, staking a steak in Twitter, but just

532
00:29:09,760 --> 00:29:11,840
Speaker 1: the way that some of these kind of trading patterns work.

533
00:29:11,920 --> 00:29:14,240
Speaker 1: Keep an eye on Square shares. S Q is your ticker.

534
00:29:14,280 --> 00:29:17,320
Speaker 1: They're up two point four percent. But Nathan, you were

535
00:29:17,400 --> 00:29:20,000
Speaker 1: right about the Elon Musk kind of themed morning, because

536
00:29:20,160 --> 00:29:23,040
Speaker 1: Twitter and Square aren't the only ones moving. Tesla is

537
00:29:23,080 --> 00:29:25,200
Speaker 1: also moving as well, which is the original. I guess

538
00:29:25,200 --> 00:29:28,320
Speaker 1: Elon Musk connection that we have to talk about. Those

539
00:29:28,320 --> 00:29:30,440
Speaker 1: shares are up one percent, this of course after they

540
00:29:30,480 --> 00:29:34,080
Speaker 1: posted record first quarter deliveries, and it's taking with them

541
00:29:34,120 --> 00:29:36,840
Speaker 1: a lot of those e V names as well. Riving

542
00:29:36,920 --> 00:29:39,200
Speaker 1: and for example, r I v N is your ticker

543
00:29:39,600 --> 00:29:42,360
Speaker 1: up two point nine percent. You also have similar moves

544
00:29:42,360 --> 00:29:45,800
Speaker 1: in Nicola n K l A is your ticker. They're

545
00:29:45,880 --> 00:29:48,920
Speaker 1: up five tenths of one percent. It's also showing up

546
00:29:48,920 --> 00:29:50,880
Speaker 1: in names like Neo for example. So a lot of

547
00:29:50,920 --> 00:29:54,240
Speaker 1: those Chinese evening makers are also catching the benefits. Yeah,

548
00:29:54,280 --> 00:29:56,640
Speaker 1: interesting to see the tan to move there throughout the

549
00:29:56,640 --> 00:29:59,840
Speaker 1: e V space. I also see you're watching Starbucks b

550
00:30:00,080 --> 00:30:02,600
Speaker 1: the new boss same as the old boss over there. Yeah.

551
00:30:02,720 --> 00:30:05,520
Speaker 1: What's interesting about Starbucks, and I mean quite the transition

552
00:30:05,520 --> 00:30:07,400
Speaker 1: from Elon Musk is that we know that in this

553
00:30:07,440 --> 00:30:10,200
Speaker 1: cast quarter we've had a lot of record profits, a

554
00:30:10,200 --> 00:30:12,200
Speaker 1: lot of record buy backs as well. When it comes

555
00:30:12,240 --> 00:30:14,680
Speaker 1: to the S and P five, Starbucks now coming out

556
00:30:14,720 --> 00:30:17,360
Speaker 1: and say they're going to suspend their share buy back program.

557
00:30:17,520 --> 00:30:19,600
Speaker 1: This of course comes after Howard Us takes really his

558
00:30:19,640 --> 00:30:21,959
Speaker 1: first date back on the job. S b u X

559
00:30:22,280 --> 00:30:25,200
Speaker 1: is your taker there. It's actually down one point six percent.

560
00:30:25,320 --> 00:30:29,520
Speaker 1: Nathan all Right, Bloomberg Radio and TV Markets correspondent Creedy Goopta.

561
00:30:29,640 --> 00:30:31,720
Speaker 1: Great to have you back with us this morning. We'll

562
00:30:31,760 --> 00:30:33,760
Speaker 1: be checking back with you throughout the day, of course,

563
00:30:34,160 --> 00:30:36,760
Speaker 1: and checking out stocks as a whole as we get

564
00:30:36,800 --> 00:30:39,720
Speaker 1: set for this Monday morning open kind of mixed now,

565
00:30:39,720 --> 00:30:42,560
Speaker 1: with SMP futures up five points, STOW futures have moved

566
00:30:42,680 --> 00:30:45,720
Speaker 1: back lower now by ten points, Nanastack future still higher

567
00:30:46,080 --> 00:30:49,760
Speaker 1: by fifties six points, and the tenure Treasury is down

568
00:30:49,880 --> 00:30:52,200
Speaker 1: five thirty seconds right now with the yield two point

569
00:30:52,240 --> 00:30:56,040
Speaker 1: for zero percent, still seeing inversion between twos and tens,

570
00:30:56,080 --> 00:30:58,520
Speaker 1: the two year yield at two point four four percent.

571
00:30:58,600 --> 00:31:02,320
Speaker 1: That's a spread of all most five basis points between

572
00:31:02,320 --> 00:31:05,240
Speaker 1: twos and tens. Nime X screwed up a quarter percent,

573
00:31:05,440 --> 00:31:10,000
Speaker 1: up four cents, fifty cents of barrel comics gold is

574
00:31:10,080 --> 00:31:12,120
Speaker 1: up three tenths per center of seven dollars even in

575
00:31:13,160 --> 00:31:22,920
Speaker 1: seventy announced. You're listening to Bloomberg day Break, Ye Blomber

576
00:31:22,960 --> 00:31:25,680
Speaker 1: eleven three oh Weather mostly sunny, mid fifties today, late

577
00:31:25,760 --> 00:31:28,520
Speaker 1: day rain tomorrow with a high near sixty. Back in

578
00:31:28,560 --> 00:31:31,600
Speaker 1: the mid fifties Wednesday, with rain ending in the afternoon.

579
00:31:31,720 --> 00:31:39,440
Speaker 1: Right now, clear and forty in central part markets. Headlines

580
00:31:39,480 --> 00:31:42,440
Speaker 1: and breaking news twenty four hours a day at Bloomberg

581
00:31:42,520 --> 00:31:45,840
Speaker 1: dot Com, The Bloomberg Business at and at Bloomberg Quick Take,

582
00:31:46,080 --> 00:31:55,360
Speaker 1: This is a Bloomberg Business lash and I'm Karin Moscow

583
00:31:55,400 --> 00:31:58,600
Speaker 1: Technology shares higher this morning. Twitter is up more than

584
00:31:59,640 --> 00:32:01,440
Speaker 1: we got to the first word breaking news desk for

585
00:32:01,480 --> 00:32:04,600
Speaker 1: today's morning call. Here's film Maloney built, Good morning and

586
00:32:04,760 --> 00:32:07,520
Speaker 1: good morning, Karen. The U S futures are quiet right now,

587
00:32:07,520 --> 00:32:10,120
Speaker 1: with the futures down nine points, SIPs hired by five

588
00:32:10,200 --> 00:32:14,280
Speaker 1: will NASA futures gained fifties six US ten year at

589
00:32:14,280 --> 00:32:16,880
Speaker 1: two point four percent. Gold and oil are both little

590
00:32:16,960 --> 00:32:20,200
Speaker 1: changed in Bitcoin is down by one percent. Hong Kong

591
00:32:20,280 --> 00:32:22,640
Speaker 1: rose two point one percent overnight, while up and markets

592
00:32:22,640 --> 00:32:25,160
Speaker 1: are trading mixed right now and back in the US.

593
00:32:25,200 --> 00:32:28,200
Speaker 1: On the economic front, Attendant clock factory orders and durable

594
00:32:28,200 --> 00:32:31,560
Speaker 1: goods orders over the weekend, Tessa reported Q one deliveries

595
00:32:31,640 --> 00:32:34,640
Speaker 1: which beat estimates, and in other news you mentioned Twitter.

596
00:32:34,760 --> 00:32:37,600
Speaker 1: Elon Musk took a nine point two percent passive Steak

597
00:32:38,000 --> 00:32:42,080
Speaker 1: shares her up in the pre market. Starbucks suspended as

598
00:32:42,080 --> 00:32:45,360
Speaker 1: share buyback program, and Morgan Stanley's Wilson said the bear

599
00:32:45,440 --> 00:32:48,320
Speaker 1: market rally is over and the sm E five hundred

600
00:32:48,400 --> 00:32:51,160
Speaker 1: is in for a rough month. Wrapping things up, Baxter

601
00:32:51,360 --> 00:32:53,840
Speaker 1: was cut to sell over at Bowman Sax Zebra Technology

602
00:32:53,920 --> 00:32:57,480
Speaker 1: is raised overweight ed. JP Morgan Live from the first

603
00:32:57,520 --> 00:33:00,440
Speaker 1: to breaking news descm go Maloney, Karen, all right, thank you,

604
00:33:00,480 --> 00:33:03,080
Speaker 1: and here lie breaking news of her Bloomberg hatch. Squawk

605
00:33:03,080 --> 00:33:05,320
Speaker 1: on your terminal. S q u A w u K.

606
00:33:05,520 --> 00:33:08,040
Speaker 1: That's a Bloomberg business flash. Now here's Michael Barr with

607
00:33:08,120 --> 00:33:10,640
Speaker 1: more un What's going on around the world, Michael, Karen,

608
00:33:10,720 --> 00:33:13,880
Speaker 1: thank you very much. Some European Union governments are pushing

609
00:33:13,880 --> 00:33:17,640
Speaker 1: to quickly impose new sanctions in response to multiple reports

610
00:33:17,680 --> 00:33:22,680
Speaker 1: that Russian troops executed unarmed civilians in Ukrainian towns. It

611
00:33:22,800 --> 00:33:25,640
Speaker 1: comes as Ukraine cites more evidence of war crimes in

612
00:33:25,640 --> 00:33:28,920
Speaker 1: the North. The Stell Harris, who played George Costanza's mother

613
00:33:29,080 --> 00:33:32,640
Speaker 1: on Seinfeld, has died. Harris, who also was the voice

614
00:33:32,640 --> 00:33:35,320
Speaker 1: of Mrs potato Head and The Toy Story Movies, was

615
00:33:35,480 --> 00:33:39,680
Speaker 1: ninety three. South Carolina has captured its second national championship

616
00:33:39,880 --> 00:33:42,360
Speaker 1: in the women's n C Double A basketball tournament. The

617
00:33:42,400 --> 00:33:46,360
Speaker 1: game Cocks shut down yukon nine. The men's n C

618
00:33:46,520 --> 00:33:49,720
Speaker 1: Double A tournament final is tonight between Kansas and the

619
00:33:49,800 --> 00:33:53,440
Speaker 1: University of North Carolina. In the NBA, the Knicks one.

620
00:33:53,520 --> 00:33:56,600
Speaker 1: The Celtics beat the Wizards one four one oh two.

621
00:33:57,000 --> 00:33:59,960
Speaker 1: The Warriors were also winners. In the NHL, the Island

622
00:34:00,000 --> 00:34:02,160
Speaker 1: to beat the Devil's for three. The Rangers lost in

623
00:34:02,200 --> 00:34:05,360
Speaker 1: the shoot out to the Flyers, also for three. Global

624
00:34:05,360 --> 00:34:07,680
Speaker 1: News twenty four hours a day on air and on

625
00:34:07,720 --> 00:34:12,040
Speaker 1: Bloomberg Quicktake, powered by more than hundred journalists and antalists

626
00:34:12,040 --> 00:34:15,920
Speaker 1: more than twenty countries. Michael bar this is Bloomberg. The

627
00:34:15,920 --> 00:34:20,200
Speaker 1: following commentary is from Bloomberg Opinion. How about we keep

628
00:34:20,200 --> 00:34:24,480
Speaker 1: wearing masks on busses and subways forever? I'm Justin Fox,

629
00:34:24,760 --> 00:34:28,120
Speaker 1: the columnist for Bloomberg Opinion. I'm all for returning life

630
00:34:28,120 --> 00:34:31,320
Speaker 1: to normal, But as a regular writer of public transportation,

631
00:34:31,680 --> 00:34:34,520
Speaker 1: recently in Los Angeles, this week, in the San Francisco

632
00:34:34,560 --> 00:34:37,040
Speaker 1: Bay Area, and normally at home in New York City,

633
00:34:37,320 --> 00:34:39,640
Speaker 1: I'd also be happy to keep wearing masks on the

634
00:34:39,680 --> 00:34:42,319
Speaker 1: bus and subway forever, and would love it if lots

635
00:34:42,320 --> 00:34:45,040
Speaker 1: of other people did too. This is not a call

636
00:34:45,120 --> 00:34:48,480
Speaker 1: for continued mandates, just to hope the big city transit

637
00:34:48,560 --> 00:34:51,839
Speaker 1: users adopt the norm's prevalent in East Asia, where masks

638
00:34:51,880 --> 00:34:54,720
Speaker 1: have long been common and crowded settings, especially during cold

639
00:34:54,719 --> 00:34:58,560
Speaker 1: and flu season, doing this would probably reduce transmission of

640
00:34:58,560 --> 00:35:02,120
Speaker 1: COVID and other viruses. It would definitely discourage eating on

641
00:35:02,200 --> 00:35:05,640
Speaker 1: the bus and subway talking too. In other words, it's

642
00:35:05,640 --> 00:35:09,040
Speaker 1: a win win. I'm justin fox. For more opinion, please

643
00:35:09,040 --> 00:35:12,080
Speaker 1: go to Bloomberg dot com, Slash Opinion or O p

644
00:35:12,280 --> 00:35:15,120
Speaker 1: I n go on the Bloomberg terminal. These has been

645
00:35:15,200 --> 00:35:18,879
Speaker 1: Bloomberg Opinion and Bloomberg Opinion commentaries can be heard every

646
00:35:18,880 --> 00:35:21,680
Speaker 1: weekday at this time, and terminal customers can read more

647
00:35:21,719 --> 00:35:24,520
Speaker 1: at O p I n go. It is six fifty

648
00:35:24,520 --> 00:35:27,120
Speaker 1: on Wall Street. Returned to news and science and technology

649
00:35:27,160 --> 00:35:29,680
Speaker 1: now with the Bloomberg and j I T STEM Report,

650
00:35:29,960 --> 00:35:32,759
Speaker 1: brought to you by New Jersey Institute of Technology and

651
00:35:32,840 --> 00:35:35,440
Speaker 1: j I team makes industry ready engineers and more than

652
00:35:35,480 --> 00:35:38,279
Speaker 1: twenty fields. If it's engineering, it's an n j I T.

653
00:35:38,600 --> 00:35:40,680
Speaker 1: Learn more at n j I T dot e du.

654
00:35:41,200 --> 00:35:44,200
Speaker 1: You know, here's just making news and science, technology, engineering

655
00:35:44,239 --> 00:35:47,480
Speaker 1: and math and Shanghai. More than nine thousand new cases

656
00:35:47,480 --> 00:35:51,120
Speaker 1: of coronavirus are reported Sunday. Thousands of medical staff have

657
00:35:51,239 --> 00:35:54,000
Speaker 1: arrived as a city prepares to test all twenty five

658
00:35:54,200 --> 00:35:57,480
Speaker 1: million residents. Meanwhile, there are ports in shine at the

659
00:35:57,560 --> 00:36:01,399
Speaker 1: new substruence of the omicron variant have amer Roach says.

660
00:36:01,440 --> 00:36:04,520
Speaker 1: The US Food and Drug Administration is giving a priority

661
00:36:04,560 --> 00:36:08,680
Speaker 1: review for its row a Karma drug to treat hospitalized

662
00:36:08,760 --> 00:36:12,040
Speaker 1: COVID patients, and FDA approval would be the first of

663
00:36:12,080 --> 00:36:15,319
Speaker 1: its kind for the type of drug called it amno modulator.

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00:36:15,680 --> 00:36:18,480
Speaker 1: The medicine, sold as an arthritis therapy under the name

665
00:36:18,520 --> 00:36:21,839
Speaker 1: at Camera, has already been used to treat more than

666
00:36:21,920 --> 00:36:25,280
Speaker 1: one million people. The FDA approval would be for people

667
00:36:25,320 --> 00:36:30,440
Speaker 1: who are hospitalized receiving cort coast steroids and require breathing help.

668
00:36:31,280 --> 00:36:35,200
Speaker 1: The UK will unveil plans to broaden its energy sources

669
00:36:35,239 --> 00:36:37,640
Speaker 1: this week. The main focus will be on nuclear and

670
00:36:37,680 --> 00:36:41,920
Speaker 1: wind power. The government expects proposals for more nuclear reactors

671
00:36:42,000 --> 00:36:45,279
Speaker 1: and for scaling up offshore wind farms. Government wants to

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00:36:45,320 --> 00:36:48,880
Speaker 1: reduce reliance on imported energy and that's a bloomberg ng

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00:36:49,000 --> 00:36:52,120
Speaker 1: at STEM report. Nathan thanks Karen rely from the Bloomberg

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00:36:52,160 --> 00:36:54,840
Speaker 1: Interactive Broker studios were at six fifty two on Wall

675
00:36:54,840 --> 00:36:56,800
Speaker 1: Street Time Now to check what's going on in d C.

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00:36:57,400 --> 00:36:59,640
Speaker 1: Some of the top stories in our nation's capital include

677
00:36:59,680 --> 00:37:02,960
Speaker 1: the US considering even more sanctions against Russia on reports

678
00:37:02,960 --> 00:37:05,759
Speaker 1: of mass civilian graves left behind. Is Russia pulled out

679
00:37:05,760 --> 00:37:08,640
Speaker 1: of cities in your Kiev? In an exclusive interview heard

680
00:37:08,640 --> 00:37:11,879
Speaker 1: here on Bloomberg Radio, Ukrainian President Vladimir z Lenski told

681
00:37:11,880 --> 00:37:15,879
Speaker 1: CBSS face the nation Russia is committing genocide when we

682
00:37:16,960 --> 00:37:22,760
Speaker 1: find people with with hand styed behind the back and decapitated,

683
00:37:24,080 --> 00:37:28,279
Speaker 1: such things. I don't understand it, don't comprehend. And now

684
00:37:28,320 --> 00:37:31,880
Speaker 1: the US is promising even more support for Ukraine. Pentagon

685
00:37:31,960 --> 00:37:35,120
Speaker 1: spokesman John Kirby was on Fox News Sunday. No shipments

686
00:37:35,160 --> 00:37:37,640
Speaker 1: are arriving even as we speak, including in the last

687
00:37:37,640 --> 00:37:39,960
Speaker 1: twenty four hours, and and a lot of that is

688
00:37:40,239 --> 00:37:45,280
Speaker 1: legal systems, Javelin anti armor missiles, Stinger anti air missiles. Meantime,

689
00:37:45,320 --> 00:37:48,840
Speaker 1: talks between Russia and Ukraine could resume today. Secretary of

690
00:37:48,840 --> 00:37:52,400
Speaker 1: State Anthony Blinkin tells NBC's Meat the Press sanctions relief

691
00:37:52,440 --> 00:37:54,759
Speaker 1: could be on the table if Ukraine allows it if

692
00:37:54,760 --> 00:37:57,680
Speaker 1: it concludes that it can bring UH this war to

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00:37:57,719 --> 00:38:00,600
Speaker 1: an end, stop the death and destruction, and continue to

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00:38:00,640 --> 00:38:04,920
Speaker 1: assert its independence UH and its sovereignty UH and ultimately

695
00:38:04,920 --> 00:38:09,120
Speaker 1: that requires the lifting of sanctions. Of course, we're also

696
00:38:09,239 --> 00:38:12,839
Speaker 1: making news the White House defending the Justice Department's independence

697
00:38:12,960 --> 00:38:16,200
Speaker 1: as the investigation ramps up into President Biden's son Hunter

698
00:38:16,360 --> 00:38:19,400
Speaker 1: and his overseas business dealings. White House Chief of Staff

699
00:38:19,480 --> 00:38:22,080
Speaker 1: Ron Klain was on ABC's This Week. Of course, the

700
00:38:22,080 --> 00:38:25,200
Speaker 1: President's confident that his son didn't break the law. But

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00:38:25,320 --> 00:38:27,759
Speaker 1: most importantly, as I said, that's a matter that's gonna

702
00:38:27,760 --> 00:38:30,320
Speaker 1: be decided by the Justice Department, by the legal process.

703
00:38:30,440 --> 00:38:31,920
Speaker 1: It's something that no one at the White House has

704
00:38:31,960 --> 00:38:34,920
Speaker 1: involvement in. This week. Meet the Press, Fox, Do Sunday

705
00:38:34,960 --> 00:38:37,040
Speaker 1: and Face the Nation can all be heard every Sunday

706
00:38:37,120 --> 00:38:39,960
Speaker 1: right here on Bloomberg Radio and now Bloomberg Government reporter

707
00:38:40,000 --> 00:38:43,840
Speaker 1: Emily Wilkins is with us this morning. Emily, we're hearing

708
00:38:44,120 --> 00:38:48,880
Speaker 1: growing international condemnation of this apparent mass execution in the

709
00:38:48,960 --> 00:38:52,279
Speaker 1: Ukrainian city of Busha. What kind of response could the

710
00:38:52,400 --> 00:38:56,120
Speaker 1: U s mount against this? So the US we don't

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00:38:56,160 --> 00:39:00,160
Speaker 1: know exactly what potential sanctions are being considered, but we

712
00:39:00,280 --> 00:39:04,160
Speaker 1: know that Biden officials have previously discussed secondary stanctions, and

713
00:39:04,160 --> 00:39:07,280
Speaker 1: these were target countries that continue to trade with Russia.

714
00:39:07,840 --> 00:39:11,040
Speaker 1: The Biden administration they could also impose sanctions on sectors

715
00:39:11,120 --> 00:39:13,399
Speaker 1: of the Russian economy that have not been hit so far,

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00:39:13,640 --> 00:39:18,120
Speaker 1: things like mining, transportation, just additional areas. I mean, it's

717
00:39:18,160 --> 00:39:20,719
Speaker 1: important to note, Nathan that you know the world is

718
00:39:20,880 --> 00:39:24,080
Speaker 1: continuing to buy billions of dollars worth of Russian oil

719
00:39:24,160 --> 00:39:26,520
Speaker 1: and gas, and this is kind of given the Kremlin,

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00:39:26,640 --> 00:39:31,239
Speaker 1: the Kremlin a financial lifeline, even as the Biden administration

721
00:39:31,280 --> 00:39:34,200
Speaker 1: has said that other sanctions are having an impact. So

722
00:39:34,280 --> 00:39:37,080
Speaker 1: that's certainly an area where we might wind up seeing

723
00:39:37,360 --> 00:39:42,040
Speaker 1: additional sanctions as this war and this conflict continue. And

724
00:39:42,080 --> 00:39:44,920
Speaker 1: we heard of course from President Zelinsky of Ukraine, not

725
00:39:45,000 --> 00:39:48,000
Speaker 1: just on Face the Nation yesterday, but at the Grammys

726
00:39:48,120 --> 00:39:52,200
Speaker 1: last night, calling for even more support, uh, not just

727
00:39:52,320 --> 00:39:56,160
Speaker 1: from governments but from people themselves speaking out. I mean,

728
00:39:56,200 --> 00:39:59,760
Speaker 1: what kind of further support could the US provided to Ukraine.

729
00:40:00,040 --> 00:40:04,000
Speaker 1: We heard from the Pentagon spokesman mentioning some anti aircraft

730
00:40:04,040 --> 00:40:06,279
Speaker 1: systems moving in. But of course the big question for

731
00:40:06,440 --> 00:40:11,240
Speaker 1: Ukraine is closing the skies. Sure, and that's still something

732
00:40:11,239 --> 00:40:14,000
Speaker 1: where you haven't yet seen the US be willing to

733
00:40:14,040 --> 00:40:17,439
Speaker 1: commit to a no fly zone just because that could

734
00:40:17,520 --> 00:40:20,040
Speaker 1: mean that the US would wind up shooting at Russians. Uh.

735
00:40:20,200 --> 00:40:23,480
Speaker 1: This is something that lawmakers are in scenario, they're potentially

736
00:40:23,520 --> 00:40:26,719
Speaker 1: concerned about. But there is momentum in d C to

737
00:40:26,840 --> 00:40:32,440
Speaker 1: pass more aid to Ukraine, whether that's military aid, humanitarian aid. UH.

738
00:40:32,480 --> 00:40:35,759
Speaker 1: There is definitely a willingness among lawmakers to be able

739
00:40:35,800 --> 00:40:38,879
Speaker 1: to support Ukraine and what they need. I think they're

740
00:40:38,920 --> 00:40:42,479
Speaker 1: just looking for the President to wind up to make

741
00:40:42,520 --> 00:40:46,480
Speaker 1: that request. You're also going to see potentially more sanctions

742
00:40:46,600 --> 00:40:51,560
Speaker 1: on President uh. Pressian President Putin, he saw legislation introduced

743
00:40:51,680 --> 00:40:54,640
Speaker 1: last week from the House that would continue to put

744
00:40:54,680 --> 00:40:57,200
Speaker 1: pressure on him to end this war in Ukraine. I

745
00:40:57,280 --> 00:41:00,080
Speaker 1: want to turn quickly to President Biden's domestic agenda, and

746
00:41:00,320 --> 00:41:03,520
Speaker 1: we got a statement from the President last night following

747
00:41:03,560 --> 00:41:06,759
Speaker 1: the mass shooting in Sacramento over the weekend, calling on

748
00:41:06,840 --> 00:41:10,600
Speaker 1: Congress to act on guns. Is there any appetite on

749
00:41:10,680 --> 00:41:14,680
Speaker 1: Capitol Hill for some kind of gun legislation? If I

750
00:41:14,760 --> 00:41:17,360
Speaker 1: can try to focus his request on things that he

751
00:41:17,440 --> 00:41:20,480
Speaker 1: thought might have bipartisan support that they'd be able to do.

752
00:41:20,760 --> 00:41:23,720
Speaker 1: These are things like requiring background checks on gun sales,

753
00:41:23,760 --> 00:41:27,480
Speaker 1: banning assault weapons and high capacity magazines, and repealing gun

754
00:41:27,520 --> 00:41:32,279
Speaker 1: manufacturers immunity from liability. But to be honest, Nathan has

755
00:41:32,320 --> 00:41:35,439
Speaker 1: been very difficult to pass gun legislation on Capitol Hill.

756
00:41:35,719 --> 00:41:38,120
Speaker 1: I mean, it could clear the Democratic controlled House, but

757
00:41:38,160 --> 00:41:40,760
Speaker 1: then it gets very very tricky with the Senate because

758
00:41:40,760 --> 00:41:44,000
Speaker 1: of that filibuster, and gun control isn't something that could

759
00:41:44,040 --> 00:41:47,520
Speaker 1: be done via that reconciliation process that only requires a

760
00:41:47,640 --> 00:41:50,719
Speaker 1: fifty votes in the Senate. So at this point, it

761
00:41:50,760 --> 00:41:55,040
Speaker 1: would be very surprising if Congress was able to pass anything.

762
00:41:55,560 --> 00:41:58,280
Speaker 1: We've seen so many horrific shootings in the last decade

763
00:41:58,600 --> 00:42:01,800
Speaker 1: and we've seen Congress just be unable to make moves

764
00:42:01,880 --> 00:42:05,400
Speaker 1: on this particular issue. If anything, we might see. Biden

765
00:42:05,480 --> 00:42:09,760
Speaker 1: has mentioned his Buzzet budget proposal that would increase funding

766
00:42:09,760 --> 00:42:12,280
Speaker 1: for cities to fund the police and fight crime prevention.

767
00:42:12,640 --> 00:42:15,200
Speaker 1: That might be something that planning of the police could

768
00:42:15,200 --> 00:42:18,080
Speaker 1: be something that winds up passing. Alright, as always, thanks

769
00:42:18,080 --> 00:42:21,600
Speaker 1: Emily Bloomberg. Government reporter Emily Wilkins with us from Washington,

770
00:42:21,680 --> 00:42:23,640
Speaker 1: and you can read more about these stories at bloomberg

771
00:42:23,719 --> 00:42:26,320
Speaker 1: dot com or on the Bloomberg terminal. Listen to Bloomberg

772
00:42:26,400 --> 00:42:29,879
Speaker 1: Radio in the nation's capital Bloomberg and one oh five

773
00:42:29,920 --> 00:42:33,239
Speaker 1: point seven FM HD two SMP. Future is ahead of

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00:42:33,239 --> 00:42:36,200
Speaker 1: the open, up four points down, futures down twenty NASTAC

775
00:42:36,280 --> 00:42:39,040
Speaker 1: futures up fifty three, and the tenure treasury yield just

776
00:42:39,120 --> 00:42:43,120
Speaker 1: shy of two point four percent. Bloomberg Surveillance is up

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00:42:43,160 --> 00:42:47,960
Speaker 1: next for Karen Moscow. I'm Nathan Hagar. This is Bloomberg