♪ >> central banks are showing no sign that they want to take their foot off the gas. >> domestic activity is still really in the doldrums. >> we could see the first quarter dip back into negative territory. >> i'm forecasting a tumultuous year coming. >> the vaccine rebound is going to be think readily v-shaped. >> it may not be v-shaped for others. >> this is "bloomberg surveillance" with tom keene, jonathan ferro, and lisa abramowicz. matt: good morning. this is "bloomberg surveillance"

on bloomberg radio and television. i'm matt miller in berlin, alongside carol massar in new york city. tom keene jonathan ferro, lisa abramowicz all off today. let's take a quick look at the top stories in the markets. i think really the $2000 stimulus check is still the biggest story for investors. it seems like that is what is driving us to ever new highs. carol: investors excited about the prospect of maybe some consumer spending. wehink global support that are seeing, whether it is central banks around the world, has really provided a bottom to the markets. a quick check on how we are setting up on this tuesday, expect it to be light trade. it is a holiday shortened trading week in the united states and elsewhere around the world. s&p futures just up about 15 points. you've got the euro at $1.22. yielding 0.9ote

4%. we continue to see records on major equity averages. we certainly side in the united states yesterday. matt: absolutely. ,e see really big rallies here like on the ftse. the first day of trading for the ftse since the brexit deal was delivered. that happened on christmas eve. of course, london was close for trading christmas day, just like everybody else. because the british are so special, they were also closed for boxing day, whatever that means. it drove them to new highs, up 2%. they've had a horrible year on the ftse, down about 14%, 15%, but they have come back just a little bit. it looks like investors really like that deal, or certainly better than no deal. carol: exactly. we are seeing a rise also in the cac 40, also in germany. let's get to our guest, james bevan, ccla chief investment strategist. james, how do you see it?

how do you explain some of the trade? i feel like we are in a market that reacts to headlines pretty quickly, negative or positive. james: indeed. i would say that there is more appetite for seeing good news and statements made rather than worrying about bad news. example,ke brexit, for it is un-a big he was lead good news that there is no no deal, but it is certainly not good news for services companies who still face and a big with future , in particular financial services. right now, markets are focusing on the good news. matt: why do you think the pound isn't rallying more? i would have thought, we heard so many forecasts that were $1.45, andto especially on a day when the della reese weaker once again, i would expect to see more than -- when the dollar is weaker once again, i would've picked to see

more than $1.45. james: the pound has really quite serious challenges ahead. the brexit deal is a step in the right direction, but it most certainly does not provide a full resolution of the problem that the u.k. faces. we will likely receive real growth in the u.k. economy perhaps up to 0.5% this year, but still plagued in terms of global free trade agreements. people say it is going to be easy. actually, if you look at the as part ofluggage the brexit deal, this issue is going to be really tricky. concernshat there are about the outlook for the u.k. economy. matt: what about the city, james? we have been talking a lot today about what happens to financial services there, and there still hasn't been any kind of equivalency agreement.

i don't know if that is going to come even in q1 of 2021. do you see a lot of your colleagues moving back to paris, moving back to frankfurt, fleeing the city for the continent? james: i would say we have seen a general drift of both people and business activities to the euro zone over the last four years since the 2016 brexit photo. that was the moment when the chief executives -- the 2016 brexit vote. the moment when the chief executive's said we don't know what is going to happen. i don't think it comes as a shock that many businesses already relocated to paris or to frankfurt. carol: that trend is definitely something we have seen continue. thank you so much, james bevan,

ccla chief investment strategist. have a good new year. we want to talk about some big , i have definitely been been obsessed with it, those apple headlines moving again into the ev market. we want to get some perspective. there's a lot may be in terms of expectations for the ev market come 22 anyone. come 2021.-- could us, g.m.man is with global communication officer. it is great to have you with us. matt is a car guy, but i am interested as well. tell me about the apple news. how significant is that in your view? it is not something that is going to happen tomorrow, but in a few years. mark: anyone who works in a traditional manufacturer, we are essentially going to expect disruption from anyone who might be out there.

i remember when dyson was considering getting into the ev business, we realized any consumer cracks company could get into this space. very difficult, very expensive, to the point where globally dominant companies like ford and volkswagen are getting to -- are getting together, pooling resources. can you tell us a little bit about your work with the german carmaker here? mark: scale is so important, especially in the auto business. in a case where we have a platform, and platforms have a range of products that can be suited off of, and the case of our partnership with vw, we had the european markets use a little bit smaller than the u.s. market, so we found there was equal opportunity for both of us to get a bit more scale off their platform, and for forward, it gave us an opportunity to have a product that is going to

be slightly smaller than the product off of our dedicated platform that we have within our company. matt: i know one of the big problems here is there just aren't enough charging stations, and although we hear from partnerships that they are building them as quickly as they can, they are certainly not building them quick enough to be ready for the demand that is coming in the next few years. how do you think that it should get solved? mark: it's a great question. we know a combination of both range anxiety and the ability to charge your electric vehicle when traveling our top of mind for consumers. , abelieve range anxiety range of over 300 miles is helping that anxiety, but the infrastructure continues to get built out every year, especially for the high-powered fast chargers. it depends where you are at in the world. a lot of consumers we are finding are still charging at

their residence if they have that opportunity to. carol: what is interesting too, isis safe to say i think it fair to respect what tesla and elon musk did that could have woke up the auto industry and showed that you can maybe move faster than everybody anticipated when it came to the ev market. i do wonder in terms of strategy, when you look at maybe what happens next year, how has the timetable changed dramatically? it could change even more so, meaning sooner rather than later. mark: i would say as i look back at 2020, for me the big surprise on the year is just how quickly the european market has moved to adoption. that was a little higher than what we had forecast at this time last year. part of that is you are seeing more products come out, so as that ev offering is expanding from other manufacturers, for vw having the markets in 2020 and

in the european markets, that has accelerated the growth, and at this point, we are seeing in both europe and china, there is a clear race for leadership in the ev space. carol: we will pick up on the other side the chinese market is when i find interesting, and tesla obviously is pretty aggressive, but they got their own domestic manufacturers moving to really take hold of the ev market. we are going to come back with ford's globalman, communication director. in our household, we think about what is the next car we want -- next car. we wanted to be an ev, but my husband is kind of stuck on the idea of hydrogen fuel cells. we want it to be something that is better for the environment. matt: you know what? i hope more people are thinking the way you and your family do because it will outweigh what i am doing.

the next vehicle i buy has to have at least 6.4 liters, and i only want naturally aspirated cubic inches. carol: what is wrong with you? you are not embracing new? matt: if mark can figure out a way to put a big battery with my big block, that would be even better because i think the battery could be the replacement for displacement we have been searching for. carol: have you seen these? i think they are amazing come of the cell phone. the battery is really small, and look at what powers. i am just going to put that out for you. technology, we see highs it -- how it has been trending rapidly, and it will for ev's. matt: i have to agree with you. for sure, you are right. we will talk with mark more about what they are coming out with on the others of this block . this is bloomberg. ♪ ritika: with the first word

news, i'm ritika gupta. the house has passed a bill that would replace the $600 stimulus checks in the new virus relief bill is 2000 dollar payments. house democrats and some republicans voted in favor of the proposal backed by president trump. that creates a dilemma for senate republicans. many of them previously opposed higher stimulus payments. trump's approval could put political pressure on them. meanwhile, the house has voted to override president trump's defensethe $750 billion spending bill. if the senate takes similar action as expected, it would be the first time one of the presidents vetoes has been overturned. president trump vetoed the bill in part because he wanted to attach an unrelated provision that illuminates content liability protections for tech companies. here in new york, residence suffering financial hardship due to the coronavirus will get a break. they will be protected from evictions and foreclosures until may 1. that is due to a law signed by governor andrew cuomo.

the post-brexit trade deal is essentially a sideshow for the city of london. must rulels separately that oversights and regulations are strong enough to create a level playing field. without that, there could be a steady leak of businesses for the u.k. finance industry. already started to shift people and assets to the continent. fold its ant group may financial operations into a holding company that could be regulated more like a bank. ant would likely be subject to more capital restrictions that could keep it from lending more. american airlines will be flying the boeing 737 max from miami to new york today. it was grounded in march 2019 after two crashes killed 300 46 people. it cost boeing tens of billions of dollars in fines and damages.

global news 24 hours a day, on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. i'm ritika gupta. this is bloomberg. ♪

♪ >> we potentially could start our way, but that is more

in terms of the dna in this massive market opportunity. i feel partnership with the likes of a tesla or vw as a likely first step as they go after ev's. carol: that is dan ives of wedbush securities, who covers the auto market and tech market, talking specifically about apple getting into the ev market, which i think as been one of the more fascinating recent business headlines we have talked about. we are talking with mark kaufman. i wonder if they would partner up with apple. maybe that is something we could ask him. matt: when i was covering ford more closely, i know that bill ford and mark fields at the time had invested a lot of money i think in r&d in silicon valley. i went out there and toured it. it was pretty amazing. i also saw when he of the original gt 40's in the gulf livery. i should have prepared a picture

of that because it was amazing. [laughter] they have been doing so much at ford. bill ford was convinced by the sierra club, i think the legend goes, to start doing better for the environment. that is when he got rid of the big excursions that i loved and started getting more into the kind of vika boost engines, and now they are going of course for the full. . ev's mark kaufman -- the full ev's. mark kaufman is still with us, forwards -- still with us, ford's global communication director. i've been very close to the ford family. i wonder what is next. you've got the mock e and this partnership with volkswagen. what else are you going to come out with that is going to blow our minds? mark: first, coming late summer

in 2021, we've got the mustang areormance version, so we super enthusiastic about that. you've just got fantastic 480 horsepower, 630 foot-pounds of instant torque in that ev, so that is going to delight customers in that space. a transit battery electric vehicle coming out, that comes in lots of configurations to meet a wide breadth of consumer needs, and that is also in 2021. in late 2022, we are tapping into our most iconic nameplate with an s 150 full battery electric vehicle -- with an f-150 full battery electric vehicle model. matt: the f-150 is probably my favorite vehicle all time. i love torque. if you can deliver it to me with a battery, i honestly don't care

if it comes from internal combustion or electric. it sound like it would work great in transit as well because it is an amazing product. what about your partnership with volkswagen? we talked a little bit about it in the past block. can you envision another model? can you envision deepening that partnership? excitingt is such a trans-atlantic joint venture. be openrd continues to to strategic partnerships where they make sense, and clearly that first relationship with vw is a start. we have shown that where it makes sense, we are certainly going to be open to those partnerships. carol: i just want to follow-up what you said about the mock e. i wonder if you are going to allocate more to europe next year to comply with some of the tougher standards. i would love to also get your thoughts about ev in europe. is it a breakthrough year next year? mark: i mentioned the growth in

europe this year, especially in markets, you've got your big three core markets between germany, u.k. in france that have really accelerated this year. so when you start thinking about the technology adoption curve, there's usually a break point from 2.5% where you start moving into early adopters, and as we are finishing up 2021, all three of those markets now have about 5% ev share of industry, so we are going to expect continued growth in those markets. to getalways looking products to customers, having demand for those products can be confessed -- can be fantastic for us. carol: going back to tesla for a moment, i think everyone would agree that they really shook up the ev market, but i wonder, some of the problems they've had, quality issues, does that provide openings for some of the established auto players?

mark: for anyone who is coming new into the auto space, i think you shouldn't underestimate the value of a good distribution network and the ability to take care of customers. so to give you some quick u.s. numbers, we have 2100 ev certified dealers in the u.s., and we have 10,000 trained service technicians who are droppingf batteries often cars. we will continue to have that advantage going forward. matt: i wonder about service bays. how necessary will they be when you have electric cars? i assume if you do a better job than some rivals at quality, you are going to need fewer repairs. you are also going to need fewer people to build them, right? is it just going to be a less people intensive business, car making? mark: it gives us a little bit

of room to have more of what we would call top half, or product configuration in a plant. electric vehicle is about 30% shorter than a traditional line, so it is a little more efficient. in a case before where we might have just one product at a plant , we might be able to get to products off of the same platform, so there are some efficiencies we will have. and while service patterns certainly change with that, we still think there is going to be ongoing throughput. unfortunately, accidents do happen. carol: really fun discussion. matt is all in on cars. for the record, i also am into torque. i am just going to put it out there. mark, thank you so much. have a great new year. we look forward to talking to you next year. mark kaufman is the global communication director over at ford motor. i just think what is going on in

the auto industry is fascinating. it will be curious to see what happens in 2021. we didn't explore china too much, but it is a huge domestic market, and they are developing their own domestic players. i don't know what that means for the rest of the world. , dr. james his boss d farley jr., spent a lot of time over here, spend some time in asia. he has so much experience globally, and he is such a car fanatic that you can be sure ford is exploring, as mark kaufman just told us, all of the possibilities and partnerships that they can. so it will be exciting to see what they can do. carol: don't you feel like it is all about partnerships? you have these strange bedfellows. you are seeing that increasingly within the auto industry, but it makes sense. matt: for sure. sergio marchionne, people used to think he was kind of crazy, but now, post sergio

marchionne's death, a lot of people are saying he was right. they need to get together and combine their resources. carol: coming up, the eurasia group head of china. jack ma, when you switch to xfinity mobile, you're choosing to get connected to the most reliable network nationwide, now with 5g included. discover how to save up to $400 a year with shared data starting at $15 a month, or get the lowest price for one line of unlimited. come into your local xfinity store to make the most of your mobile experience. you can shop the latest phones, bring your own device, or trade in for extra savings. stop in or book an appointment to shop safely with peace of mind at your local xfinity store.

♪ carol: a very good morning everyone, this is "bloomberg surveillance" live on bloomberg radio and bloomberg tv. i am carol massar in new york along with matt miller in berlin. we are seeing optimism in the globe, support once again on this tuesday. up 0.4% on s&p futures. one hour away from the open, 10-year note at 0.94. a bit of movement and support continuing in the new york crude markets. when it came to the european trade, we did see a rally over in the u.k. markets -- over the u.k. markets after the long holiday weekend. london markets were closed yesterday because of the boxing

day holiday. gives you a chance to react to the brexit news. matt: no one has explained to us yet what boxing day actually is. [laughter] carol: didn't you read "widget jones?" -- "bridget jones? it is when you wear funny sweaters. [laughter] matt: i don't really get it. carol: could you explain. carol: boxing day to us? we are having problems here. matt: in any case, the rally there is remarkable. the ftse is gaining by the most since november 9. seven weeks since we have seen this kind of rally on the ftse. interesting because it means that investors -- either they like this deal a lot or the were worried there would be an ideal and they are just liking it better than the no deal that we had. let's get to michael from eurasia group, china director.

we have a lot to talk about in terms of trade deals with you, michael. mainly the idea that europe and china could trade closer has been one that has been pushed certainly out of brussels for some time and now it looks like we have more solid details that relationship is going to get deeper. can you tell us about it? michael: sure, it looks now like ae e.u. and china will sign bilateral investment treaty, or at least finalize the deal in coming days. there are still some complications. some quarters in europe are not happy about the deal. it will have to pass the european parliament. but it looks like they will get the deal done. you have to count this for now as a win for beijing which really wanted to squeeze this in before joe biden takes office and before the u.s. and the e.u. form a common front against a variety of issues.

carol: this seems a good pretty big deal. they have been trying to get this together for some time. i do think it essentially will cement a relationship and kind of push the u.s., as joe biden comes into the white house, push the u.s. to the side. michael: i think it will be an initial challenge for the biden administration. look, europe will not completely out of line with the u.s. when it comes to china, it is too big of a market and two importantp but at the same time, europe has changed its tune with china. look past this deal. there is a growing sense that china is a strategic competitor. europe has been having concerns of the u.s. on value issues, like hong kong's treatment of the uighurs -- like china's treatment of the uighurs. it is not going to be a layup by any means. carol: interesting.

what do you think ultimately will be some of the implications? drilldown. what does it mean for the u.s. to get squeezed out of, what does it mean in terms of ?pportunities michael: i think in terms of market access, european firms will have an advantage in that will come in areas from the financial services to autos to a variety of other areas, especially as the u.s.-china relationship is only going to get, i would say, very moderately better under biden. for market access, if you are thinking about european firms for whom china is a large market, this is an advantage over the u.s. but this is an investment treaty, not a bilateral trade agreement. it is not a blockbuster deal. it is a big deal, yes, but it means market access for european firms to china. matt: does the brexit deal, or does the sort of u.k. behavior

also take out another competitor? is europe able to create this bridge to asia and get a leg up on not only the u.s. but the u.k. in terms of trade? michael: to some extent. it will be interesting to see what the u.k. does with china, because the u.k. without europe means china is that much more important. but in the u.k. you see the same pushback against china that you see in the u.s., in australia and a number of other countries. will be challenging for the u.k. in terms of financial services companies to look to have the city and london play a larger role as an offshore financial center for china. i think that will be a challenge. carol: one thing i have to ask you about, we didn't really cover too much yesterday but we have been following it closely, is what is going on with alibaba and jack ma specifically. the headline today is that ma is planning with ant financial

to fold the company, basically about appeasing chinese regulators -- they were concerned about how powerful and how big, especially when it came to the financial sector, jack ma getting.inancial was what does this say about companies specifically in china? is there a bigger message? we did see the selloff yesterday. they rallied a little bit today. what is the message here? michael: i think the message, very simply, is that if you are a private company in china, you need to stay within the lines. some of those lines are political. jack ma had criticized china's regulators which i think turned the heat on him. but it is also about market power. beijing, private companies exist to serve the broader interest in china. they need to be good corporate citizens and that means it not abusing market our and playing fast and loose with financial revelatory rules.

for the chinese fintech players and large chinese e-commerce platforms, i think you need to incorporate political risk. if there is a sense you are moving too far too fast or too powerful, i think beijing is clearly going to cut them down to size. carol: we are going to leave it there. much.l, thank you so michael hurston is director of china over at the eurasia group, joining us on this tuesday. a few headlines crossing the bloomberg. this is coming from president-elect joe biden. he is expected to say later on, make some remarks, from wilmington delaware to say that the trump administration lagging.on pace is he is also expected to say that covid rates are still increasing. what is interesting is that for a long time, certainly after the -electon, president biden was careful in terms of commenting on the vaccine

progress, on the virus. but he is definitely coming out at this point, because as we get closer to him taking over, he is concerned about the transition especially as we see these numbers growing. matt: yes, he will want to hit the ground running certainly. are seeingething you now from many other countries as well. germany has plans to get the vaccine out faster. france and the u.k. are trying to do it as well. bloomberg news health editor joins us to talk a little more about this. john, is this partially -- are we going to see countries try to make grabs for the resources out there? is this going to start to get really competitive? john: good morning. we may see some of that. we have already seen that, right? it has been going on for a while. really, the canada

u.k. as well, those have been the wealthiest countries to reach out and grab the vaccine as quickly as possible. i think the interesting thing you are seeing now is that the rollout probably is not going as well as had been anticipated. part of that may have to do just with the mechanism of the rollout. growing pains. part of it may have to do with demand. it just is not clear yet exactly what is happening on the ground. why the vaccine is not ruling out at least here in the u.s. but i think in other countries as well, quickly as we had anticipated. few weekshs ago, a ago even, we were talking about 20 million doses by the end of the year. it is pretty clear that that is not going to happen. and this is a good opportunity feature we have

in the bloomberg that some of my colleagues have been working on that tracks the number of doses that have actually been administered worldwide and that is just over 4 million so far as 28.ecember carol: this is so interesting, because one of the things that kind of caught my attention is that we are seeing european governments talking about planning to track the number of people getting vaccines to help chart a path out of the crisis. germany is considering legislation to ensure unvaccinated people are treated fairly. we talk about testing and tracing, but now we are moving to another stage when it comes to who got the vaccine and tracking them as well. i think about with joe biden concerned about the transition, it is not necessarily going as smoothly, and how crucial all of this is getting to a point where summer, we can kind of move back towards a more normal society. are we going to have to do this kind of tracing when it comes to the vaccine in order for the

world to start reopening? john: before we get to that, we have to start thinking about confidence in the vaccine. this is something that has been .n issue for a while now obviously, there has been concern about vaccines among certain quarters of the population -- corners of the population. throughout the process of developing the vaccines, i think health officials have tried to bolster confidence. the name operation warp speed, for example, it was -- there was concern that name might imply that corners were being cut . we have seen some very reactions to the new vaccines that erased concerns. i think what we have to do is what dr. fauci is trying to do, keep on reinforcing the safety of the vaccine and then try to make sure that people are

confident. confident enough to take the vaccine. and then, of course, we have to get supplies out there as well. and that is not easy, matt, for sure. matt: john, you worked on the story about argentina kicking off a vaccination drive with v.sia's sputnik interesting, we focus on the western vaccines in the western countries, but it is interesting that there are other efforts going on. this is a global issue. i am glad to have run across that story on the bloomberg today. john lauerman covers health care here on bloomberg. thank you for joining us. carol: you can see the headline, president-elect joe biden expected to give up plan to boost vaccines. we will get to more specifics. coming up on bloomberg television and radio, keep in mind later on we will hear from adam pozen over at the peterson

institute to see what he has to the big headlines, by rest and other economic impact. you are watching and listening to "bloomberg surveillance." this is bloomberg. ♪ ritika: with the word news, i am ritika gupta. the house is bearing the senate to follow its footsteps for some payments to most americans. democrats and republicans approved a measure that would replace $600 payment in the new coronavirus bill with 2000 election, a proposal that is backed by president trump. many senate republicans previously opposed payments that were larger than $600. french fashion designer pierre cardin has died. he was a visionary who dressed both the famous and the masses. he also struck his brand on a wide range of products -- everything from bath towels to fragrances. his career lasted more than three quarters of a century.

he was 98 years old. global news, 24 hours a day, on air and @quicktake by bloomberg, powered by more than 2700 journalists and analysts in more than 120 countries. i am ritika gupta. this is bloomberg.

want to do is take a consumer-first approach.

we won the consumer to guide us on how they want to see content. they are telling us they want to see more and more content on disney plus and hulu. ♪ matt: that was the disney company ceo speaking to us in october. disney plus is one of the businesses that has really -- i don't know if i can say cast in on the pandemic, that sounds bad -- but they have done well during the pandemic because people are staying home and locked in. little else to do but watch content. carol: winners and losers, i agree it is a little uncomfortable to say it. netflix, the same thing. everybody is watching anything and everything on streaming. matt: absolutely. and don't forget amazon and hulu. there are so many different package waiting for one that wraps them altogether. remember when we were kids, you can get cable? you can get it and it had all

the channels on it. that's is what i want now. carol: all right, let's get to our reporter from bloomberg news, watching what is going on when it comes to streaming. it is all about content. we heard about it from disney. ryan, i watched "wonder woman" with my daughter. seems like a lot of people did, too. big-screen going to streaming. i wonder if we are at a pivotal change when it comes to -- matt: he watched it at home or the movie theater? safely.t home, [laughter] [laughter] so i do wonder, ryan, are things going to go straight to the post-pandemic? ryan: good morning, that is a great question. it is obvious streaming is here to stay and we will see a lot of content go directly there. announced thatn -- one theater announced

that its movies over going straight to its bmx. wonder woman 1984 did quite well in theaters, it made about $17 million, above the high-end of expectations. it shows a lot of people still want to go out, go to the theater and see a movie. impressive, considering you have m.j. and new like york that is still closed. -- like los angeles and new york that are still closed. even you can watch it at home essentially for free with your monthly subscription. it is very likely that as the vaccines roll out in theaters reopened and all these majore movies that were delayed start open next year, we will have to see people get back to theaters. matt: i have to agree, going to a movie theater is a fantastic experience. i have not done it since

february, but it is something i want to do. how is this changing the picture in terms of studios? major studios in hollywood, are they losing the clout that they had and that is going to the netflix, the amazons, the hulus? movie industries in other countries start to gain stronger footholds? i believe hollywood got its power that way in the first place. ryan: absolutely. it is pretty clear that you have major players, netflix being the best example have a lot of, makers and actors wanted to work with them. you are not seeing that as much in the same way with some of these traditional studios. there was a lot of controversy when hbo max and things being put directly there, a lot of filmmakers who expressed discontentment that there films

were not getting exclusive theatrical release. but i think in the longer term you will see them focused on the theater because that is where you make the bulk of your money. even though disney, for example, has put some petals on streaming first, like "soul" these past week, they indicated they will continue to do traditional platform and rolling them out in theaters. carol: i heard some of the folks earlier in europe talking about "soul." matt, can you at least plug "midnight sky" by george clooney? i watched it. we saw with reese witherspoon, big, big movie stars who are embracing streaming. it is giving it almost validity. i do wonder how we see even more of that going forward. ryan: absolutely. it is hard to think of many a mister's have not done anything listers who have not

done anything for streaming. maybe tom cruise. it.ge clooney has done there is a lot of money now for content. a lot of filmmakers and actresse actors have the freedoe their streaming projects. right now it is a bonanza on streaming. you are not seeing that as much on the traditional model which is more focused on franchises and so forth. carol: i was doing some research ahead of talking to you, and the first ever nfl game to be shown a specific on streaming platforms happened saturday night between the niners and the arizona cardinals, it had solid numbers. i do wonder, what is the success story? is it a combination of great content, which we have already seen already, or is it also sport also embracing the streaming space here? ryan: absolutely, sports is one area for which streaming has not achieved the same success that

others have, just because it is not really an on-demand kind of watch.ou can you can watch the george clooney whenever you want, but you want to watch the game as it happens than not getting spoilers. interesting. disney has espn and they are trying to integrate it with hulu and other packages. this will be an area to watch as we go forward. carol: who do you think will be the big winners in 2021 when it comes to streaming. is it all about disney at this point? ryan: disney and netflix are so big right now. i would probably say it will be so much focused on disney. they have so many major titles and properties. they have recently announced all the star wars and marvel shows. so if you are invested at all in pop culture and these major titles right now, that is where you have to be. carol: all right, good stuff, ryan vlastelica of numbered news. he has been -- of bloomberg news. great stuff.

just about 36 minutes away from the opening bell. we have been talking about a lot of market support globally here. the enthusiasm over finally getting a brexit deal, getting the pandemic relief package, and a reminder that global central banks will continue to do anything they need to to prop up especially as we see cases continue to rise around the world, we continue to seek shutdowns of the economy. but as we heard from john lauerman, it is not always so easy and there are always difficulties when it comes to logistics. s&p 500 just 15 points. bit to yield up a little 0.94. coming up to the open on bloomberg television, invesco's senior portfolio manager ahead of u.s. -- and head of the u.s.. markets,alk about the

as our matt miller counts you down to the open. we are also expecting to hear from president-elect joe biden on the vaccine rollout and increases in vaccine numbers. will be tracking it all here on bloomberg. i will go back over to "surveillance" on radio. ♪

♪ [bell ringing]

♪ morning.d for our viewers worldwide, i am matt miller in for my brother from another mother, jonathan ferro. the countdown to the open starts now. just 30 minutes to go. the big issue, stocks pointing to fresh records for another day. headwinds moving to the rearview mirror. no longer a concern. maybe that in itself is a worry. >> the fiscal aid is a good thing. it certainly is bouting markets. >> the package has been passed. >> the risk for the markets is overstimulation. >> already questions for next year. >> there are signs we may look for a second fiscal stimulus. >> market development is sustained by the sentiment of investors that are very, very open to risk. >>