Speaker 1: Five from the Bloomberg Interacted Berger Studios. This is Bloomberg
Speaker 1: day Break for Monday, April four. Coming up this hour,
Speaker 1: Negotiators from Russia and Ukraine prepared to resume peace talks.
Speaker 1: At the same time, Chief accuses Kremlin forces of war
Speaker 1: atrocities on the economic front, and news survey finds the
Speaker 1: US boys for recession next year, and a prominent Wall
Speaker 1: Street strategist says that bear market rally and stocks is over.
Speaker 1: President Biden calls for Congress to act on guns after
Speaker 1: the Sacramento shooting. Plus Broadways Macbeth has been halded after
Speaker 1: Daniel Craig gets COVID. Michael bar more ahead, I've done
Speaker 1: stashdown sports easy win for the next shootout loss for
Speaker 1: the Rangers. South Carolina won the Women's NC double a
Speaker 1: the men Late to Night. That's all straight Ahead on
Speaker 1: Bloomberg day Break on Bloomberg Eliman Trio, New York, Bloomberg one, Washington,
Speaker 1: d C, Bloomberg one, O six one, Boston, Bloomberg nine six,
Speaker 1: San Francisco, Sirius Hexham one nineteen and around the world
Speaker 1: Old on Bloomberg Radio dot Com and via the Bloomberg
Speaker 1: Business at Good morning. I'm Nathan Hagar and I'm Karen Moscow.
Speaker 1: When US stock index futures are starting out the week higher.
Speaker 1: We're coming up to six one on Wall Street, and
Speaker 1: we check the markets every fifteen minutes throughout the trading day.
Speaker 1: On Bloomberg, Guess and Key futures up eight points this morning.
Speaker 1: Down futures are little change, and Nasack futures of fifty three.
Speaker 1: The decks in Germany's up almost two tenths of Upper said.
Speaker 1: The tenure treasury down three thirties seconds, yield two point
Speaker 1: three nine per cent, and they yield on the two
Speaker 1: year two point four or five percent. Nathan, all right, Karen,
Speaker 1: we'll have more on the markets in a minute. First,
Speaker 1: the latest on the war. Negotiators from Russia and Ukraine
Speaker 1: may resume video talks today. Meantime, the US and Ukraine
Speaker 1: are calling on international courts to investigate potential war crimes
Speaker 1: in the cities around Kiev. Bloomberg's Sad Baxter has the details.
Speaker 1: Secretary of State Anthony B. Lincoln says the videos that
Speaker 1: Ukraine released are alarming. We can't become none to this,
Speaker 1: we can't normalize this um. This is the reality of
Speaker 1: what's going on every single day, and through a translator,
Speaker 1: President Vladimir Zolensky says the investigation has to go further
Speaker 1: than just Vladimir putting all the military commanders, everyone who
Speaker 1: gave instructions and orders should be punished. Zelenski says the
Speaker 1: atrocities go way beyond torture. In San Francisco, I'm at
Speaker 1: Baxter Bloomberg Daybreak, All right, and thank you. The European
Speaker 1: Union is also speaking out on the war. Some EU
Speaker 1: governments want to impose more sanctions following allegations of Russian
Speaker 1: war crimes. They got live to London and get the
Speaker 1: latest from Bloomberg's Max Ramsey. Good morning, Max, morning, Karen
Speaker 1: and Nathan. We have this very powerful statement from the
Speaker 1: EU blaming Russia for what they call haunting images of
Speaker 1: large numbers of civilian casualties. The Foreign Affairs Chief Josett
Speaker 1: Burrell says the massacres in Bootch and other Ukrainian towns
Speaker 1: will be inscribed in the list of atrocities committed on
Speaker 1: European soil. So now, the E says it will work
Speaker 1: on further sanctions on Russia. Currently, this looks like strengthening
Speaker 1: existing measures and closing loopholes, but there's some support for
Speaker 1: much stronger action, whether on energy or on visas for Russians.
Speaker 1: Russia does deny killing civilians, says the images are fake.
Speaker 1: Live in London, Max Ramsey bloom Back Daybreak, Right, Max,
Speaker 1: thank you. Let's turn from the war now and focus
Speaker 1: on the economy. A new survey calls for a recession
Speaker 1: in the US as soon as next year. Let's get
Speaker 1: details on that Live from Bloomberg. Grenida Young, Good morning, Grenita,
Speaker 1: Good morning Nathan. Close to half of financial professionals and
Speaker 1: retail investors see a US recession next year. That's according
Speaker 1: to results of our Bloomberg Markets Live weekly survey. Only
Speaker 1: fifteen percent say it could happen this year flag and
Speaker 1: sixteen percent see a US recession waiting until twenty five
Speaker 1: or later. Just over half of the five twenty five
Speaker 1: respondents believe the inversion between two and ten year treasury
Speaker 1: yields is the most likely warning signal among yield curve inversions.
Speaker 1: Live in New York. I'm really need a Young Bloomberg daybreak,
Speaker 1: all right, need to thank you? And how will the
Speaker 1: Fed respond at the current economic climate? We get some
Speaker 1: clues this week with their marks from several officials, and
Speaker 1: here with Mores Bloomberg's Charlie Pellett. Tomorrow, FED Governor Lele
Speaker 1: Brainerd takes part in a virtual discussion on the unequal
Speaker 1: impacts of inflation. It's hosted by the Minneapolis Fed. On Wednesday,
Speaker 1: Philadelphia FEDE President Patrick Harker discusses the economic outlook. On Thursday, St.
Speaker 1: Louis FED President Jim Butullard will discuss the economy and
Speaker 1: molitary policy. Also Thursday, Raphael Bostick of the Atlanta FED
Speaker 1: and Charlie Evans of the Chicago FED will take part
Speaker 1: in an event on economic mobility and inclusive full employment
Speaker 1: in New York. Charlie Pellett Bloomberg Daybreak, All right, Charlie,
Speaker 1: Thanks on Wall Street. Looks like there could be more
Speaker 1: pain ahead for stocks. That's according to one prominent strategist,
Speaker 1: and we get the details on that live from Bloomberg's
Speaker 1: John Tucker. John Nathan. The recent run up and the
Speaker 1: S and P five had it was nothing more than
Speaker 1: a bear market rally that's run its course. That's according
Speaker 1: to Morgan Stanley strategist Mike Wilson. He thinks the index
Speaker 1: is a rough month a hand as it becomes vulnerable
Speaker 1: to slowing economic growth. In a note to clients, Wilson
Speaker 1: says defensive stocks remain the place to be. Morgan Stanley
Speaker 1: strategists are also more constructive on bonds than stocks over
Speaker 1: the New York term. They say the thirty year bond
Speaker 1: offers an excellent hedge against the growth scare they expect
Speaker 1: from FED tightening. Live in New York. I'm John Tucker,
Speaker 1: Bloomberg Daybreak. All right, John, thank you. In pre market
Speaker 1: trading this morning, shares a test lot more than one
Speaker 1: per cent over the weekend. The company said it delivered
Speaker 1: more than three hundred ten thousand cars worldwide in the
Speaker 1: first quarter. That's a record and came in above analysts estimates.
Speaker 1: I meantime, Karen Shares of Starbucks are down one percent
Speaker 1: in early trading. Founder Howard Schultz is making moves as
Speaker 1: he returns to the CEO post. He's also suspending a
Speaker 1: share buyback program, saying that cash could be better spent
Speaker 1: on stores and staff. Sholtz sixty eight years old. He's
Speaker 1: taking over from Kevin Johnson on an interim basis while
Speaker 1: Starbucks searches for a permanent CEO on Ethan Start and
Speaker 1: Asia performed well overnight. That's after China made a conciliatory move.
Speaker 1: That clear move a key hurdle, and it's fine with
Speaker 1: the US over auditing Chinese firms listed in New York.
Speaker 1: We get the recap from Bloomberg's Juliette Sally. In Singapore,
Speaker 1: Good morning, Juliet, Good morning, Karen. The m s CI
Speaker 1: Asia Pacific Index gained after two sessions of losses, boosted
Speaker 1: by internet giants ten Center and Ali Baba. The Hang
Speaker 1: Sang Take Index gained more than four percent intra day
Speaker 1: after China modified a decade long rule that restricted financial
Speaker 1: data sharing by offshore listed firms. Japanese shares were fairly unchanged,
Speaker 1: while stocks jumped in India on a financial sector merger,
Speaker 1: and markets in mainland China and Taiwan were closed for holidays.
Speaker 1: In Singapore, Juliette Sally Bloomberg debreak Okay, Juliet, Thanks. Let's
Speaker 1: turn to politics in the region now with a change
Speaker 1: on the way. In Hong Kong, chief executive Carrie Lamb
Speaker 1: says she will not run for a second term. Bloomberg
Speaker 1: Daybreak Asia anchor Brian Curtis has more. Lamb's announcement ends
Speaker 1: a tumultuous five years that saw Hong Kong become more
Speaker 1: isolated globally. I was due to a cracked on on
Speaker 1: pro democracy protests and rigid COVID nineteen restrictions. Lamb said
Speaker 1: she informed Beijing last year that she would not run
Speaker 1: for a second five year term. On May eight, Brian
Speaker 1: Curtis Bloomberg Daybreak. All right, Brian, thank you. Future is
Speaker 1: moving higher this morning. Straight ahead your latest local headlines
Speaker 1: in the check of sports. This is Bloomberg six o
Speaker 1: seven on Wall Street, thirty nine degrees in Central Park.
Speaker 1: Avoid the upper level of the George Washington Bridge. Will
Speaker 1: tell away in traffic in just a minute. First, Michael
Speaker 1: Bars here with more on what's going on in New
Speaker 1: York and around the world. Michael, thank you very much.
Speaker 1: Nathan President Biden says Congress must act on the guns
Speaker 1: after the Sacramento shooting. Biden is calling for banning ghost guns,
Speaker 1: limiting gun manufacturer liability immunity, and requiring background checks for
Speaker 1: all gun sales. Sacramento police say at least two shooters
Speaker 1: are at large after killing six people and wounding twelve others.
Speaker 1: Early Sunday. Mayor Darrell Steinberg says it's past time to
Speaker 1: deal with gun violence. It is beyond time to have
Speaker 1: a sane conversation about guns in America. We have a sickness.
Speaker 1: It's a sickness in our country. It's a sickness in
Speaker 1: our culture. Mayor Steinberg says, so far, there was no
Speaker 1: motive for the shooting. New York Mayor Eric Adams talked
Speaker 1: about gun violence. Adam says he talked to the President
Speaker 1: about the issue over the weekend. We really have to
Speaker 1: have a combination. We have to stop the flow of guns,
Speaker 1: but we must also do the job of getting the
Speaker 1: guns off the streets. Des on there now and my
Speaker 1: anti gun unit they're doing that. Just a few weeks out,
Speaker 1: they removed over twenty something guns off the street. Adam
Speaker 1: spoke on CBS is Face the Nation, which can be
Speaker 1: heard Sundays on Bloomberg. Jerry's selection is set to begin
Speaker 1: today and the sentencing trial of Parkland, Florida, school shooter
Speaker 1: Nicholas Cruz. Jurors will decide whether sentencing him the death
Speaker 1: for murders seven for murdering seventeen people in the eighteen massacre.
Speaker 1: He confessed to opening fire at Marjorie Stoneman Douglas High
Speaker 1: School and already pleaded guilty that those cry times last October.
Speaker 1: US airlines are restoring service after bad weather and staffing
Speaker 1: issues contributed to more than thirty five hundred weekend flight cancelations.
Speaker 1: So far today, according to flight of Ware, only about
Speaker 1: a hundred sixty two flights have been canceled. Daniel Craig's
Speaker 1: returned a Broadway and a new version of Macbeth has
Speaker 1: been temporarily hauled it after the actor contracted COVID nineteen
Speaker 1: performances are canceled through Thursday. John Battiste took home Album
Speaker 1: of the Year honors at last night's Grammys. Ukrainian President
Speaker 1: Vladimir z Lenski appeared in a video message during the
Speaker 1: show asking for support for the war in his country.
Speaker 1: Tell the truth about war on your social netswors on TV,
Speaker 1: support cost in any way. You can't anybody silence and
Speaker 1: then peaceful gone. Zelenski made us plead during the Grammys
Speaker 1: that were held in Las Vegas. Global News twenty four
Speaker 1: hours a day on air and on Bloomberg quick Take,
Speaker 1: powered by more than twenty seven hundred journalists and analysts
Speaker 1: more than a hundred twenty countries. Michael Barr and this
Speaker 1: is Bloomberg Lincoln. Okay, Michael, thank you. Almost six ten
Speaker 1: on Wall Street time for the Bloomberg Sports Update with
Speaker 1: John stash Our. All right. Nathan Perennial College basketball powers
Speaker 1: meet tonight in New Orleans for the n C Double
Speaker 1: A Championship. North Carolinas won the title six times, Kansas three.
Speaker 1: The two teams met in the nineteen fifty seven final.
Speaker 1: Tar Hills won fifty four fifty three in triple overtime.
Speaker 1: South Carolina won the women's title in Minneapolis sixty nine
Speaker 1: over ukon Gino r e M. I had been eleven
Speaker 1: and oh from championship game. I've been in the other
Speaker 1: locker room a lot of times, and so I know
Speaker 1: what that feels like. I've been in this locker room,
Speaker 1: and I know what that feels like. And one team
Speaker 1: is going to be, you know, a national champion and
Speaker 1: the other team's not. And I think they deserved. They
Speaker 1: were the best team all year. Second championship ever for
Speaker 1: the game Cops. Rangers at the guard against the Flyers,
Speaker 1: a team the Rangers should beat. They did not tell
Speaker 1: behind three nothing tied the game with three the third,
Speaker 1: they had goals twelve seconds department. Philadelphia won four three
Speaker 1: and a shootout on a goal by ex ranger Kevin
Speaker 1: hey Is. Islanders got a hat trick from J. G. Pago.
Speaker 1: He had it by early in the second period of
Speaker 1: The Isles beat the Devil's four three easy win for
Speaker 1: the next one, eighteen to eighty eight. In Orlando, just
Speaker 1: the eighteenth ever trade between the Mets and the Yankees,
Speaker 1: they swapped relievers. The Mets needed a lefty who the
Speaker 1: departure of Aaron Loup. They sent Miguel Castro to the
Speaker 1: Yanks for Joe Ellie Rodriguez. Yankees also sent reliever Albert
Speaker 1: Abreo to Texas to catcher Jose Travino. Tiger Woods calls
Speaker 1: himself a game time decision, unsure whether he'll play the Masters.
Speaker 1: He suffered serious injuries fourteen months ago in that car
Speaker 1: Accidentty had said recently he was just happy to have
Speaker 1: his limbs intact, But Tiger recently played an eighteen whole
Speaker 1: practice round at Augusta. Masters begins Thursday. Hourly reports throughout
Speaker 1: on Bloomberg Radio, John Stashual Bloomberg Sport didn't all right, John,
Speaker 1: thank you. Right now, S and P futures are up
Speaker 1: eight points, STOUTH futures up seventeen. NASAC futures leading the
Speaker 1: games right now, they're up fifty four points. The tenure
Speaker 1: treasuries down five thirty seconds down, the yield two point
Speaker 1: four zero percent. Yield on the two years higher at
Speaker 1: two point four five percent. This is Bloomberg Bloomberg eleven
Speaker 1: three oh weather, mostly sunny, mid fifties today, some late
Speaker 1: day rain tomorrow with a high near sixty. Will be
Speaker 1: back in the mid fifties by Wednesday, with rain ending
Speaker 1: in the afternoon. Right now in Central Park Markets. Headlines
Speaker 1: and breaking news twenty four hours a day at Bloomberg
Speaker 1: dot Com, the Bloomberg Business at and at Bloomberg Quick Tape.
Speaker 1: He's a Bloomberg Business lash and I'm Karen Moscow. We
Speaker 1: are breaking news on Twitter. This morning, we go live
Speaker 1: to New York and Bloomberg's John Tucker with the latest. John,
Speaker 1: Good morning, Karen. This is according to a filing this
Speaker 1: morning with the Securities and Exchange Commission, test Less CEO
Speaker 1: Elon Busk has now taken a nine point two percent
Speaker 1: steak in Twitter that ends up to a stackering seventy
Speaker 1: three million cheers. No word from US so far usually
Speaker 1: has a tendency to tweet about such things. Karen all right,
Speaker 1: John Tucker, thank you and again. Shares of Twitter moving
Speaker 1: higher this morning again, up about twenty seven percent. Stocks
Speaker 1: in Europe and US Dock Index futures are gaining this
Speaker 1: morning as traders way the latest developments in the Ukraine War,
Speaker 1: with peace talks set to resume them at a new
Speaker 1: push for stiffer sanctions on Russia. Check the markets every
Speaker 1: fifteen minutes throughout the trading day. On Bloomberg s and
Speaker 1: P future is up about ten points now down futures
Speaker 1: up twenty six and NASDACK futures up sixty five, so
Speaker 1: futures are getting a bit stronger this morning. The decks
Speaker 1: in Germany up about two tents of uppercent, also extending
Speaker 1: its gains. Have your treasury down five thirty seconds l
Speaker 1: two point three nine percent now, the yield on the
Speaker 1: two year two point four or five percent, and Bitcoin
Speaker 1: this morning is at forty six thousand dollars. It's down
Speaker 1: about eight tens of upper cent. That's of Bloomberg business
Speaker 1: flash down. Here's Michael Barr with more on what's going
Speaker 1: on around the world. Muchaele Karen, thank you very much.
Speaker 1: Both the US and Ukraine are calling on international courts
Speaker 1: to investigate potential war crimes in the city surrounding Kiev.
Speaker 1: President Biden is calling on Congress to act on guns
Speaker 1: after a mass shooting at Sacramento that left six dead
Speaker 1: and twelve wounded. The Senate Judiciary Committee votes this morning
Speaker 1: on whether to move Supreme Court nominique Tanji Brown Jackson's
Speaker 1: nomination to the Senate floor. South Carolina has captured its
Speaker 1: second national championship in the women's NC Double A basketball tournament.
Speaker 1: The Gamecocks shut down yukon sixty forty nine. The men's
Speaker 1: NC Double A tournament final is tonight between Kansas and
Speaker 1: North Carolina. In the NBA the nixt one, the Celtics
Speaker 1: beat the Wizards one four, one oh two. The Warriors
Speaker 1: were also winners. In the NHL, the Islanders beat the
Speaker 1: Devil's four three. The Rangers lost in the shoot out
Speaker 1: to the Flyers. Also for three Global News twenty four
Speaker 1: hours a day on air and on Bloomberg Quicktake, powered
Speaker 1: by more than twenty seven hundred journalists, an analysts and
Speaker 1: more than a hundred twenty countries. I'm Michael Barrn. This
Speaker 1: is Bloomberg. Nathan Okay, Michael, thank you. It is six
Speaker 1: twenty on Wall Street Live from the Bloomberg Interactive Brokers studios.
Speaker 1: This is Bloomberg Daybreak and joining us now from Budapest
Speaker 1: is Bloomberg's Maria Today, so as we continue following all
Speaker 1: the latest on the war in Ukraine, not the least
Speaker 1: of which is these images that Ukraine has put out
Speaker 1: of what appeared to be atrocities committed by Russian forces
Speaker 1: pulling out of the city of Bouscha. The European Union
Speaker 1: has said it holds Russia responsible. How could europe respond, Maria, Well,
Speaker 1: I mean we've all seen the pictures of this town,
Speaker 1: which is on the outskirts of Kiva. Ukraine officials entered,
Speaker 1: they see they liberated the town and they found mass graves,
Speaker 1: reports skilled there's of course reports of sexual violence committed
Speaker 1: on Ukrainian women. All of this has seen o very
Speaker 1: well under every international convention would be war crimes. Today
Speaker 1: were heard from the French president and my really does
Speaker 1: war crimes that every more responsible will have to say
Speaker 1: for the natural justice. The Polish Primnister on further, this
Speaker 1: looks like genocide, And of course the question is what
Speaker 1: do we do next? Working Europe do next? And a
Speaker 1: lot of this will focus on the energy conversation. This
Speaker 1: is something that Europe has tried to delay for a while.
Speaker 1: They know that it will be a painful decision if
Speaker 1: the embargo Russian energy, coal, gas. But ultimately, at this
Speaker 1: point it is almost inevitable that this debate will have
Speaker 1: to feature energy at one point. If there is the
Speaker 1: possibility of oil being on the table here, I mean,
Speaker 1: what could that mean for the market if we do
Speaker 1: start to see Russian oil and gas actually being targeted
Speaker 1: for sanctions by Europe. Look, I think first, in my
Speaker 1: opinion and my guess on this is that Europeans see
Speaker 1: oil as the money maker for Russia and gas as
Speaker 1: a geopolitical arm of this whole thing. Then don't forget
Speaker 1: that we also have coal coming in from Russia too.
Speaker 1: So to me, the question is what is going to
Speaker 1: be sanctioned first, if any and or is it all
Speaker 1: going to happen at the same time, or do they
Speaker 1: go cold first, oil next, and ultimately gas after. Given
Speaker 1: the dependency that some European countries have. What's the repercussion?
Speaker 1: Of course we know what the repercussions would look like.
Speaker 1: It would probably send Europe into a recession. There's already
Speaker 1: talked perhaps that we would have to start rationing energy.
Speaker 1: You would see the cost of living once again go up.
Speaker 1: We have seen built in Europe essentially rocket now for
Speaker 1: eight months, and of course all the economic and social
Speaker 1: repercussions that this has. But the debate that the European
Speaker 1: leadership has to face now and really own is what's
Speaker 1: more acceptable? What what's the right choice to make to
Speaker 1: take an economic hit but try to accelerate the end
Speaker 1: of the war, or just continue for small and targeted
Speaker 1: sanctions hoping that there's a ceasefire with all of the
Speaker 1: repercussions that it carrits in human life like we've seen
Speaker 1: over the weekend obviously covering the Hungarian election ends and
Speaker 1: the apparent victory of re election for Prime Minister Victor Orbon,
Speaker 1: with Orbon continuing in power, Maria, how could that potentially
Speaker 1: affect the dynamic when it comes to the e US
Speaker 1: response to what is happening in Ukraine. Look, I think
Speaker 1: we're going to see a lot of tension here. Who're
Speaker 1: going to see a lot of scrutiny. And yesterday Victor
Speaker 1: Orban it was really an incredible celebration speech. He said
Speaker 1: he was able to have a great victory. You could
Speaker 1: see him from the moon. It was so big that
Speaker 1: you could see his victory from the moon. And he
Speaker 1: blamed international finance, the international press. He talked about bureaucrats, Brussels,
Speaker 1: all of his enemies, and he also name checked President Zelinsky.
Speaker 1: So if you can see here this is a country
Speaker 1: that is essentially breaking away from the rest of European diplomacy,
Speaker 1: that it is becoming a headache for Europe and there's
Speaker 1: going to be real questions as to whether or not
Speaker 1: a hungary like this is actually compatible with European values values.
Speaker 1: In our last thirty seconds here, Maria, we are expecting
Speaker 1: possibly while it talks to resume between Russia and Ukraine.
Speaker 1: How do you expect these talks to go given what
Speaker 1: Ukraine is accusing Russia of committing in Bucha. Well, it's
Speaker 1: it's it's what Ukraine says is there is there's crimes
Speaker 1: happening here at people that were executed for noble reason,
Speaker 1: raids being used as a world tool. All of this
Speaker 1: of course, which Russia denies on the record, but you
Speaker 1: can see that the foundations for actual honest talks will
Speaker 1: clearly have been decimated by this. Bloomberg's Maria Today O
Speaker 1: with us this morning from Budapest as we continue our
Speaker 1: team coverage the latest on the war in Ukraine. Thank
Speaker 1: you as always, Maria. Looking ahead to the market open
Speaker 1: on this Monday morning, future is moving a bit higher,
Speaker 1: with SMP futures right now up ten points, Staff futures
Speaker 1: up thirty NASDAC futures higher by seventy one point. The
Speaker 1: tenure treasury is down five thirty seconds. The yield two
Speaker 1: point four zero percent yield on the two year two
Speaker 1: point four five. We continue to watch shares of Twitter
Speaker 1: on a filing that shows Elon Musk has taken a
Speaker 1: nine point two percent passive stake in the social media app.
Speaker 1: It's up nearly in the market and Bloomberg Daybreak is
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Speaker 1: This is Bloomberg Daybreak hits six thirty on Wall Street.
Speaker 1: Good Morning, I'm Nathan Hager and I'm Karin Moscow. We're
Speaker 1: just about three hours away from the open of US trading.
Speaker 1: Time for the five things you need to notice start
Speaker 1: your day. Brought to you by Interactive Brokers. Interactive Brokers
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.
Speaker 1: Russia and Ukraine may resume video talks later today. Even
Speaker 1: as Kiev accuses Kremlin forces of carrying out attrocities, Russia
Speaker 1: is dismissing images of executed unarmed civilians as fake. Ukrainian
Speaker 1: President Vladimir Zolensky says the war is destroying his country.
Speaker 1: We couldn't have imagined anything like this because this is
Speaker 1: a maniuc type of decision to destroy the whole nation.
Speaker 1: Zelinski spoke through an interpreter to face the nation on CBS.
Speaker 1: You can catch the show every Sunday on Bloomberg Radio.
Speaker 1: President Zelinsky also made an appearance of the Grammys with
Speaker 1: a video message asking for more support our musicians, where
Speaker 1: body armor instead of Lexi they seen to that wounded
Speaker 1: in hospitals, even to those who can't hear them. But
Speaker 1: then music breakthrough anway is accusing Russia of committing genocide
Speaker 1: in Ukraine. Well, Nathan, some EU governments are pushing to
Speaker 1: impose more sanctions following allegations of Russian war crimes, but
Speaker 1: there's no consensus yet on a new sanctions package. Jamie
Speaker 1: Diamond is also calling for more sanctions on Russia. Karen.
Speaker 1: That came in his annual letter to shareholders whether JP
Speaker 1: Morgan Chase CEO also said the Fed may raise rates
Speaker 1: higher than markets expact. Meantime, Nathan, a new survey is
Speaker 1: calling for a recession next year. And we get the
Speaker 1: latest line from Bloomberg's rned A Young. Good morning, Rena,
Speaker 1: Good morning, Karen Close to half of financial professionals and
Speaker 1: retail investors see a US recession next year. That's according
Speaker 1: to results of our Bloomberg Markets Live weekly survey. Only
Speaker 1: fifteen percent say it could happen this year. Twenty one
Speaker 1: percent flag twenty four is the most likely timing. Just
Speaker 1: over half of the five twenty five respondents believed the
Speaker 1: inversion between two and ten year treasure yields is the
Speaker 1: most likely warning signal among yield curve inversions. Live in
Speaker 1: New York, I'm Rennita Young, Bloomberg Daybreak. Vernita, thanks and
Speaker 1: turning to corporate news this morning, some big breaking news
Speaker 1: on Twitter. Bloomberg's John Tucker joins US live with that
Speaker 1: John test Less CEO Elon Musk has now taken a
Speaker 1: nine point two percent passive steak and Twitter snapping up
Speaker 1: seventy three million common shares of the company. The news
Speaker 1: comes from an SEC filing so far no comment for
Speaker 1: a mosque, and in the pre market shares of Twitter
Speaker 1: right now almost twenty eight percent. I'm John Tucker, Bloomberg Daybreak.
Speaker 1: All right, John, thank you, try to head your latest
Speaker 1: local headlines, plus a check of sports, and this is Bloomberg.
Speaker 1: Thanks hearing six Wall Street, forty degrees in Central Park.
Speaker 1: One hour delays now on the inbound upper level of
Speaker 1: George Washington Bridge. More coming up in traffic. First, Michael
Speaker 1: Barr is here with more on what's going on in
Speaker 1: New York and around the world. Michael, morning, Thank you
Speaker 1: very much. Nathan, good morning to you. President Biden is
Speaker 1: calling on Congress to take action against gun crimes after
Speaker 1: six people were shot and killed early Sunday and down
Speaker 1: to on. Sacramento Police say three men and three women
Speaker 1: were fatally shot. Twelve others were wounded. Authorities say there
Speaker 1: were at least two shooters. Sacramento Mayor Darryl Steinberg says
Speaker 1: it has passed time to deal with gun violence. This
Speaker 1: sickness will be cured Sunday in this country or we
Speaker 1: will destroy ourselves in this country now. Your Steinberg says
Speaker 1: a motive has not been offered. Meanwhile, New York Mayor
Speaker 1: Eric Adam says he spoke the President Biden over the
Speaker 1: weekend about gun violence. Adam says his crime Task Force
Speaker 1: has been out on the streets collecting illegal weapons. Of
Speaker 1: those who were carrying guns had prior violent offenses. So
Speaker 1: we need to combine with that small number of people
Speaker 1: who are carrying guns with the large number of guns
Speaker 1: on our street and get both of us. Adams spoke
Speaker 1: on CBSS Face the Nation, which can be heard Sundays
Speaker 1: on Bloomberg. The Senate Judiciary Committee is set to vote
Speaker 1: today on confirming Judge Catanzi Brown Jackson to the U. S.
Speaker 1: Supreme Court. A full Senate vote is possible this week.
Speaker 1: White House Chief of Staff Ron Klain she will get
Speaker 1: enough votes to get confirmed in the and I suppose
Speaker 1: that's the only thing that matters. But I wish more
Speaker 1: Republicans would look at the case here, look at the record,
Speaker 1: and vote to confirm Judge Jackson. Chief of Staff Clain
Speaker 1: says Judge Jackson would be the first black woman confirmed
Speaker 1: to the nation's highest court. However, Republican Senator Roy Blund
Speaker 1: of Missouri says he won't go to confirm her. The
Speaker 1: judicial philosophy seems to be not the philosophy of looking
Speaker 1: at what the law says and the Constitution says and
Speaker 1: applying that, but going through some method that allows you
Speaker 1: to try to look at the Constitution as a more
Speaker 1: flexible document and even the law. Both Senator Blunt and
Speaker 1: Chief of staff. Klain spoke on ABC S this week,
Speaker 1: which can be here at Sundays on Bloomberg, Daniel Craig's
Speaker 1: returned to Broadway, and a new version of Macbeth has
Speaker 1: been temporarily halted after the actor contracted COVID nineteen. Performances
Speaker 1: are canceled through Thursday. John Pattis was the big one
Speaker 1: every last Night's grant Me Awards with five including Album
Speaker 1: of the Year. Silk Sonic took home Record of the Year.
Speaker 1: The Food Fighters dominated in the rock categories, but skipped
Speaker 1: the show over the death of drummer Taylor Hawkins. Global
Speaker 1: News twenty four hours a day on air and on
Speaker 1: Bloomberg Quicktake, powered by more than twenty seven hundred journalists
Speaker 1: and analysts more than a hundred twenty countries. I'm Michael Barr.
Speaker 1: This is Bloomberg Nake. Okay, Michael, thank you, Almost six
Speaker 1: thirty six on Wall Street. Here John Sash with the
Speaker 1: Bloomberg Sports Update. All right. Nathan Kansas and North Carolina
Speaker 1: tonight in New Orleans for the n C Double A Championship.
Speaker 1: Jaops have won the title three times, Carolina six times
Speaker 1: was not expected to win this year. The Tunicles were
Speaker 1: an eight seed. They lost five games by more than
Speaker 1: sixteen points. They lost at home to lowly Pittsburgh. But
Speaker 1: since that lost eleven and one, two wins over Duke
Speaker 1: and now Hubert Davis. The x Nick has a chance
Speaker 1: to make history win a championship as a rookie head coach.
Speaker 1: And I'm thinking about are these kids, these players, And
Speaker 1: I told them that, Um, how happy I am did
Speaker 1: I get a front row seat just to be able
Speaker 1: to for them to go through this season and go
Speaker 1: through these experiences. It's a blessing for me. It's a privilege,
Speaker 1: itous and honor. Those are the things that I'm foking about. Technically,
Speaker 1: Steve Fisher won a title with Michigan in his first year,
Speaker 1: but he was an interim coach who had just taken over.
Speaker 1: The women's championship in Minneapolis, won easily by South Carolina.
Speaker 1: You're gon final way for the next plane out the
Speaker 1: Stray easy win by thirty. In Orlando. R J. Barrett
Speaker 1: scored twenty seven at the Garden Rangers Trail Philadelphia three nothing.
Speaker 1: Rallied to tie makers Avantage out and the new Ranger
Speaker 1: Andrew cop scored twelve seconds to fire, but the Flyers
Speaker 1: wont at four three in a shootout, Islanders beat the
Speaker 1: Devil's that also for three, the hat trick for J. G. Pageot.
Speaker 1: The Isles had won four in a row, but still
Speaker 1: eleven points out for a playoff spot. A rare met
Speaker 1: Yankee train Miguel Castro to the Yanks, Joe Ellie Rodriguez
Speaker 1: to the Mets, a swap of relievers, and the Yanks
Speaker 1: also sent reliever Albert de Brey to Texas to catcher
Speaker 1: Jose Ravino. The Master's He's off Thursday. Reports throughout on
Speaker 1: the radio, Will Tiger would Way. He calls himself a
Speaker 1: game time decision. John Stature, bloomberg s works all right, John,
Speaker 1: thank you. Six thirty seven on Wall Street. Time to
Speaker 1: take a look at stock some of the names moving
Speaker 1: in the pre market. Bloomberg Radio and TV Markets correspondent
Speaker 1: Creany Gupta is back with us this morning from a
Speaker 1: well deserved vacation, and boy, what a lot of moves
Speaker 1: were seeing this morning, driven by Elon Musk. Yeah, I
Speaker 1: think it's safe to say that, right, I think it
Speaker 1: is safe to say that. And there's several movers here. Um,
Speaker 1: let's just start with the Twitter story, because that's it's
Speaker 1: obviously the biggest one. We heard John Tucker's talk about this.
Speaker 1: Those shares t W t R soaring. We've got twenty
Speaker 1: six percent in the pre market this morning. Of course,
Speaker 1: it's comes after Elon Musk has taken a nine point
Speaker 1: two percent passive steake in Twitter. That's according to a
Speaker 1: thirteen G. Finally, I'm so waiting for him to actually
Speaker 1: tweet about this, which will be interesting. Um what's interesting
Speaker 1: you were waiting for it. What's interesting about this move
Speaker 1: is that when you see Twitter shares move simply because
Speaker 1: of the Jack Dorsey connection, you also see Square air
Speaker 1: shares move. So keep an eye on s Q as
Speaker 1: the ticker is not going to be driven necessarily by
Speaker 1: fundamentals today, just because Elon Musk is not taking a
Speaker 1: steak in Square, staking a steak in Twitter, but just
Speaker 1: the way that some of these kind of trading patterns work.
Speaker 1: Keep an eye on Square shares. S Q is your ticker.
Speaker 1: They're up two point four percent. But Nathan, you were
Speaker 1: right about the Elon Musk kind of themed morning, because
Speaker 1: Twitter and Square aren't the only ones moving. Tesla is
Speaker 1: also moving as well, which is the original. I guess
Speaker 1: Elon Musk connection that we have to talk about. Those
Speaker 1: shares are up one percent, this of course after they
Speaker 1: posted record first quarter deliveries, and it's taking with them
Speaker 1: a lot of those e V names as well. Riving
Speaker 1: and for example, r I v N is your ticker
Speaker 1: up two point nine percent. You also have similar moves
Speaker 1: in Nicola n K l A is your ticker. They're
Speaker 1: up five tenths of one percent. It's also showing up
Speaker 1: in names like Neo for example. So a lot of
Speaker 1: those Chinese evening makers are also catching the benefits. Yeah,
Speaker 1: interesting to see the tan to move there throughout the
Speaker 1: e V space. I also see you're watching Starbucks b
Speaker 1: the new boss same as the old boss over there. Yeah.
Speaker 1: What's interesting about Starbucks, and I mean quite the transition
Speaker 1: from Elon Musk is that we know that in this
Speaker 1: cast quarter we've had a lot of record profits, a
Speaker 1: lot of record buy backs as well. When it comes
Speaker 1: to the S and P five, Starbucks now coming out
Speaker 1: and say they're going to suspend their share buy back program.
Speaker 1: This of course comes after Howard Us takes really his
Speaker 1: first date back on the job. S b u X
Speaker 1: is your taker there. It's actually down one point six percent.
Speaker 1: Nathan all Right, Bloomberg Radio and TV Markets correspondent Creedy Goopta.
Speaker 1: Great to have you back with us this morning. We'll
Speaker 1: be checking back with you throughout the day, of course,
Speaker 1: and checking out stocks as a whole as we get
Speaker 1: set for this Monday morning open kind of mixed now,
Speaker 1: with SMP futures up five points, STOW futures have moved
Speaker 1: back lower now by ten points, Nanastack future still higher
Speaker 1: by fifties six points, and the tenure Treasury is down
Speaker 1: five thirty seconds right now with the yield two point
Speaker 1: for zero percent, still seeing inversion between twos and tens,
Speaker 1: the two year yield at two point four four percent.
Speaker 1: That's a spread of all most five basis points between
Speaker 1: twos and tens. Nime X screwed up a quarter percent,
Speaker 1: up four cents, fifty cents of barrel comics gold is
Speaker 1: up three tenths per center of seven dollars even in
Speaker 1: seventy announced. You're listening to Bloomberg day Break, Ye Blomber
Speaker 1: eleven three oh Weather mostly sunny, mid fifties today, late
Speaker 1: day rain tomorrow with a high near sixty. Back in
Speaker 1: the mid fifties Wednesday, with rain ending in the afternoon.
Speaker 1: Right now, clear and forty in central part markets. Headlines
Speaker 1: and breaking news twenty four hours a day at Bloomberg
Speaker 1: dot Com, The Bloomberg Business at and at Bloomberg Quick Take,
Speaker 1: This is a Bloomberg Business lash and I'm Karin Moscow
Speaker 1: Technology shares higher this morning. Twitter is up more than
Speaker 1: we got to the first word breaking news desk for
Speaker 1: today's morning call. Here's film Maloney built, Good morning and
Speaker 1: good morning, Karen. The U S futures are quiet right now,
Speaker 1: with the futures down nine points, SIPs hired by five
Speaker 1: will NASA futures gained fifties six US ten year at
Speaker 1: two point four percent. Gold and oil are both little
Speaker 1: changed in Bitcoin is down by one percent. Hong Kong
Speaker 1: rose two point one percent overnight, while up and markets
Speaker 1: are trading mixed right now and back in the US.
Speaker 1: On the economic front, Attendant clock factory orders and durable
Speaker 1: goods orders over the weekend, Tessa reported Q one deliveries
Speaker 1: which beat estimates, and in other news you mentioned Twitter.
Speaker 1: Elon Musk took a nine point two percent passive Steak
Speaker 1: shares her up in the pre market. Starbucks suspended as
Speaker 1: share buyback program, and Morgan Stanley's Wilson said the bear
Speaker 1: market rally is over and the sm E five hundred
Speaker 1: is in for a rough month. Wrapping things up, Baxter
Speaker 1: was cut to sell over at Bowman Sax Zebra Technology
Speaker 1: is raised overweight ed. JP Morgan Live from the first
Speaker 1: to breaking news descm go Maloney, Karen, all right, thank you,
Speaker 1: and here lie breaking news of her Bloomberg hatch. Squawk
Speaker 1: on your terminal. S q u A w u K.
Speaker 1: That's a Bloomberg business flash. Now here's Michael Barr with
Speaker 1: more un What's going on around the world, Michael, Karen,
Speaker 1: thank you very much. Some European Union governments are pushing
Speaker 1: to quickly impose new sanctions in response to multiple reports
Speaker 1: that Russian troops executed unarmed civilians in Ukrainian towns. It
Speaker 1: comes as Ukraine cites more evidence of war crimes in
Speaker 1: the North. The Stell Harris, who played George Costanza's mother
Speaker 1: on Seinfeld, has died. Harris, who also was the voice
Speaker 1: of Mrs potato Head and The Toy Story Movies, was
Speaker 1: ninety three. South Carolina has captured its second national championship
Speaker 1: in the women's n C Double A basketball tournament. The
Speaker 1: game Cocks shut down yukon nine. The men's n C
Speaker 1: Double A tournament final is tonight between Kansas and the
Speaker 1: University of North Carolina. In the NBA, the Knicks one.
Speaker 1: The Celtics beat the Wizards one four one oh two.
Speaker 1: The Warriors were also winners. In the NHL, the Island
Speaker 1: to beat the Devil's for three. The Rangers lost in
Speaker 1: the shoot out to the Flyers, also for three. Global
Speaker 1: News twenty four hours a day on air and on
Speaker 1: Bloomberg Quicktake, powered by more than hundred journalists and antalists
Speaker 1: more than twenty countries. Michael bar this is Bloomberg. The
Speaker 1: following commentary is from Bloomberg Opinion. How about we keep
Speaker 1: wearing masks on busses and subways forever? I'm Justin Fox,
Speaker 1: the columnist for Bloomberg Opinion. I'm all for returning life
Speaker 1: to normal, But as a regular writer of public transportation,
Speaker 1: recently in Los Angeles, this week, in the San Francisco
Speaker 1: Bay Area, and normally at home in New York City,
Speaker 1: I'd also be happy to keep wearing masks on the
Speaker 1: bus and subway forever, and would love it if lots
Speaker 1: of other people did too. This is not a call
Speaker 1: for continued mandates, just to hope the big city transit
Speaker 1: users adopt the norm's prevalent in East Asia, where masks
Speaker 1: have long been common and crowded settings, especially during cold
Speaker 1: and flu season, doing this would probably reduce transmission of
Speaker 1: COVID and other viruses. It would definitely discourage eating on
Speaker 1: the bus and subway talking too. In other words, it's
Speaker 1: a win win. I'm justin fox. For more opinion, please
Speaker 1: go to Bloomberg dot com, Slash Opinion or O p
Speaker 1: I n go on the Bloomberg terminal. These has been
Speaker 1: Bloomberg Opinion and Bloomberg Opinion commentaries can be heard every
Speaker 1: weekday at this time, and terminal customers can read more
Speaker 1: at O p I n go. It is six fifty
Speaker 1: on Wall Street. Returned to news and science and technology
Speaker 1: now with the Bloomberg and j I T STEM Report,
Speaker 1: brought to you by New Jersey Institute of Technology and
Speaker 1: j I team makes industry ready engineers and more than
Speaker 1: twenty fields. If it's engineering, it's an n j I T.
Speaker 1: Learn more at n j I T dot e du.
Speaker 1: You know, here's just making news and science, technology, engineering
Speaker 1: and math and Shanghai. More than nine thousand new cases
Speaker 1: of coronavirus are reported Sunday. Thousands of medical staff have
Speaker 1: arrived as a city prepares to test all twenty five
Speaker 1: million residents. Meanwhile, there are ports in shine at the
Speaker 1: new substruence of the omicron variant have amer Roach says.
Speaker 1: The US Food and Drug Administration is giving a priority
Speaker 1: review for its row a Karma drug to treat hospitalized
Speaker 1: COVID patients, and FDA approval would be the first of
Speaker 1: its kind for the type of drug called it amno modulator.
Speaker 1: The medicine, sold as an arthritis therapy under the name
Speaker 1: at Camera, has already been used to treat more than
Speaker 1: one million people. The FDA approval would be for people
Speaker 1: who are hospitalized receiving cort coast steroids and require breathing help.
Speaker 1: The UK will unveil plans to broaden its energy sources
Speaker 1: this week. The main focus will be on nuclear and
Speaker 1: wind power. The government expects proposals for more nuclear reactors
Speaker 1: and for scaling up offshore wind farms. Government wants to
Speaker 1: reduce reliance on imported energy and that's a bloomberg ng
Speaker 1: at STEM report. Nathan thanks Karen rely from the Bloomberg
Speaker 1: Interactive Broker studios were at six fifty two on Wall
Speaker 1: Street Time Now to check what's going on in d C.
Speaker 1: Some of the top stories in our nation's capital include
Speaker 1: the US considering even more sanctions against Russia on reports
Speaker 1: of mass civilian graves left behind. Is Russia pulled out
Speaker 1: of cities in your Kiev? In an exclusive interview heard
Speaker 1: here on Bloomberg Radio, Ukrainian President Vladimir z Lenski told
Speaker 1: CBSS face the nation Russia is committing genocide when we
Speaker 1: find people with with hand styed behind the back and decapitated,
Speaker 1: such things. I don't understand it, don't comprehend. And now
Speaker 1: the US is promising even more support for Ukraine. Pentagon
Speaker 1: spokesman John Kirby was on Fox News Sunday. No shipments
Speaker 1: are arriving even as we speak, including in the last
Speaker 1: twenty four hours, and and a lot of that is
Speaker 1: legal systems, Javelin anti armor missiles, Stinger anti air missiles. Meantime,
Speaker 1: talks between Russia and Ukraine could resume today. Secretary of
Speaker 1: State Anthony Blinkin tells NBC's Meat the Press sanctions relief
Speaker 1: could be on the table if Ukraine allows it if
Speaker 1: it concludes that it can bring UH this war to
Speaker 1: an end, stop the death and destruction, and continue to
Speaker 1: assert its independence UH and its sovereignty UH and ultimately
Speaker 1: that requires the lifting of sanctions. Of course, we're also
Speaker 1: making news the White House defending the Justice Department's independence
Speaker 1: as the investigation ramps up into President Biden's son Hunter
Speaker 1: and his overseas business dealings. White House Chief of Staff
Speaker 1: Ron Klain was on ABC's This Week. Of course, the
Speaker 1: President's confident that his son didn't break the law. But
Speaker 1: most importantly, as I said, that's a matter that's gonna
Speaker 1: be decided by the Justice Department, by the legal process.
Speaker 1: It's something that no one at the White House has
Speaker 1: involvement in. This week. Meet the Press, Fox, Do Sunday
Speaker 1: and Face the Nation can all be heard every Sunday
Speaker 1: right here on Bloomberg Radio and now Bloomberg Government reporter
Speaker 1: Emily Wilkins is with us this morning. Emily, we're hearing
Speaker 1: growing international condemnation of this apparent mass execution in the
Speaker 1: Ukrainian city of Busha. What kind of response could the
Speaker 1: U s mount against this? So the US we don't
Speaker 1: know exactly what potential sanctions are being considered, but we
Speaker 1: know that Biden officials have previously discussed secondary stanctions, and
Speaker 1: these were target countries that continue to trade with Russia.
Speaker 1: The Biden administration they could also impose sanctions on sectors
Speaker 1: of the Russian economy that have not been hit so far,
Speaker 1: things like mining, transportation, just additional areas. I mean, it's
Speaker 1: important to note, Nathan that you know the world is
Speaker 1: continuing to buy billions of dollars worth of Russian oil
Speaker 1: and gas, and this is kind of given the Kremlin,
Speaker 1: the Kremlin a financial lifeline, even as the Biden administration
Speaker 1: has said that other sanctions are having an impact. So
Speaker 1: that's certainly an area where we might wind up seeing
Speaker 1: additional sanctions as this war and this conflict continue. And
Speaker 1: we heard of course from President Zelinsky of Ukraine, not
Speaker 1: just on Face the Nation yesterday, but at the Grammys
Speaker 1: last night, calling for even more support, uh, not just
Speaker 1: from governments but from people themselves speaking out. I mean,
Speaker 1: what kind of further support could the US provided to Ukraine.
Speaker 1: We heard from the Pentagon spokesman mentioning some anti aircraft
Speaker 1: systems moving in. But of course the big question for
Speaker 1: Ukraine is closing the skies. Sure, and that's still something
Speaker 1: where you haven't yet seen the US be willing to
Speaker 1: commit to a no fly zone just because that could
Speaker 1: mean that the US would wind up shooting at Russians. Uh.
Speaker 1: This is something that lawmakers are in scenario, they're potentially
Speaker 1: concerned about. But there is momentum in d C to
Speaker 1: pass more aid to Ukraine, whether that's military aid, humanitarian aid. UH.
Speaker 1: There is definitely a willingness among lawmakers to be able
Speaker 1: to support Ukraine and what they need. I think they're
Speaker 1: just looking for the President to wind up to make
Speaker 1: that request. You're also going to see potentially more sanctions
Speaker 1: on President uh. Pressian President Putin, he saw legislation introduced
Speaker 1: last week from the House that would continue to put
Speaker 1: pressure on him to end this war in Ukraine. I
Speaker 1: want to turn quickly to President Biden's domestic agenda, and
Speaker 1: we got a statement from the President last night following
Speaker 1: the mass shooting in Sacramento over the weekend, calling on
Speaker 1: Congress to act on guns. Is there any appetite on
Speaker 1: Capitol Hill for some kind of gun legislation? If I
Speaker 1: can try to focus his request on things that he
Speaker 1: thought might have bipartisan support that they'd be able to do.
Speaker 1: These are things like requiring background checks on gun sales,
Speaker 1: banning assault weapons and high capacity magazines, and repealing gun
Speaker 1: manufacturers immunity from liability. But to be honest, Nathan has
Speaker 1: been very difficult to pass gun legislation on Capitol Hill.
Speaker 1: I mean, it could clear the Democratic controlled House, but
Speaker 1: then it gets very very tricky with the Senate because
Speaker 1: of that filibuster, and gun control isn't something that could
Speaker 1: be done via that reconciliation process that only requires a
Speaker 1: fifty votes in the Senate. So at this point, it
Speaker 1: would be very surprising if Congress was able to pass anything.
Speaker 1: We've seen so many horrific shootings in the last decade
Speaker 1: and we've seen Congress just be unable to make moves
Speaker 1: on this particular issue. If anything, we might see. Biden
Speaker 1: has mentioned his Buzzet budget proposal that would increase funding
Speaker 1: for cities to fund the police and fight crime prevention.
Speaker 1: That might be something that planning of the police could
Speaker 1: be something that winds up passing. Alright, as always, thanks
Speaker 1: Emily Bloomberg. Government reporter Emily Wilkins with us from Washington,
Speaker 1: and you can read more about these stories at bloomberg
Speaker 1: dot com or on the Bloomberg terminal. Listen to Bloomberg
Speaker 1: Radio in the nation's capital Bloomberg and one oh five
Speaker 1: point seven FM HD two SMP. Future is ahead of
Speaker 1: the open, up four points down, futures down twenty NASTAC
Speaker 1: futures up fifty three, and the tenure treasury yield just
Speaker 1: shy of two point four percent. Bloomberg Surveillance is up
Speaker 1: next for Karen Moscow. I'm Nathan Hagar. This is Bloomberg