until after m: “m fu— ii‘ul‘ei "fl“ fu— ii‘ul‘ei "nu—”m l5 “a“ he he "l—fil eta there until after the latestthe 9th of november. despite the weather and a muted socially distanced sendoff, the sense on the dockside was one of pride. knowing what she is going out there to do and what we have achieved as a team, as a company to get her to this point where she is sailing off, probably one of my biggest achievements. with my daughter, she is probably one of my biggest achievements today. these arejust biggest achievements today. these are just the first tentative steps for the £200 million vessel. she will set off at the antarctic, the play she was built for in november 2021. victoria gill, bbc news. time for a look at the weather here's stav da naos. good evening. it was a wash—out day gci’oss good evening. it was a wash—out day across england and wales. some of the heaviest of the rain was across the heaviest of the rain was across the south—east of england and we saw some localised flooding in places and pretty atrocious conditions on the road. wet again across the north and west of scotland,

. >>> la >>> la verdad, fue m verdad, fu quería ponerla para celebrar la cultura de nostra familia .> yo abrí la carta porque estaba en la casa con los niÑoo s estaba en la casa co o sola. y síme sentí muy agitada o sola. y síme sentí muy agitada .. >> >>>> sentí miedo por ellos. >>> preocupadantí miedo por ell. >>> preocupada por su familia pensó que lo mejor sería retirar la bandera de méxico sería retir la bandera de méxico pero recapacitó y decidió dejarla para enviar el mensaje de que el odio no puede ganar y ganó la solidaridad porquee ganar y gan solidaridad porque varios de sus vecinos estadounidenses,os de ss blancos, nidenses, blancos, noo hispanos colocaron la bandera mexicana anos coloca la bandera mexicana .. >>> la carta muestra que e >>> la carta muestra que ell racismo es algo que puede estar a cruzar la calle . >>> qué sentistea cruzar la cal. >>> qué sentiste al ver que tus vecinoal vers ue tus vecinoestadounidenses, blancos,estadounidenses, blancos, no hispanos pusieron la bandera de méxico en el vecindario .bandera de méxico e vecindario . >>> me sentí muy apoyado

mejoría continuada pero no ha dicho ser dicho si el presidente tiene los pulmones afectados o cuándo fude la política antiinmigrant7 contagiados en el jardín de rosas el pentágono informó del coe agio del comandante del gobierno se sumó a por lo el s el 17 contagiados ena jardín de rosas y el pentágono informó el contagio de un comandante d pero la diferencia a cómo la casa blanca ha manejadoe la fuerza costera dejando lo alto líds de las fuerzas altos mandos en cuarentena otros ocho altos mandos se pusieron en cuarentena inmediata .. >>> lo >>> los polémicos masajes dels presidente han sembrado confusión sobre las diferencias de la influenza y eldiferencias entre la influenza y el coronas de expertos advierten que no solo el covid-19 e covid-19 ess más letal sino que es solo podemocinco veces más letal sino que hastav gripe. vacunarnos contra la gripe . >>> ya sea en la sea en la bahí diego proponerle matrimonio . >>> cárdenas en una semana de s diego proponerle matrimonio . >>> en una semana coronavirus se llevó al amor de su vida. el coronavirus se llevó al amor de su vida. casandra

night get get get to livin feelin' all righ dancin' out the denim ♪ ♪ in 'e oh m levi's ♪ ♪ i got the fus ♪ all night get get get to livin feelin' all righ dancin' out the denim ♪ ♪ in 'e oh m levi's ♪ ♪ i got the fus if you got the light i got the al if y'all got the night ♪ ♪ all night ♪ ♪ ♪ what good is a sain if you ain't got the sinnin' ♪ ♪ what good is a life if you don't get to livin' ♪ ♪ what good is the on if you ain't got the other takes two to tango let's get this thing goin' ♪ ♪ all night get get get to livin feelin' all righ dancin' out the denim ♪ ♪ in 'e oh m levi's ♪ ♪ i got the fus if you got the light i got the al if y'all got the night ♪ ♪ all night all nigh all night ♪ ♪ all night all night ♪ [ cheers and applause >> jimmy: thank you all for watching stay safe out there. wash your hands. don't touch your face. stay tuned for "late night with seth meyers. good night, everybody!

that was scarlet fu. dive isus for a deeper the senior u.s. economist for bloomberg.asn't capitalism supposed to solve these problems, and solve them quickly? >> this recovery has been anything but even. the latest data highlights what is happening between the services and goods sector. as scarlett mentioned, a lot of demand recently for durable goods. that is driving business investment at this point. right now, what we see is a significant rebound in durable goods, simply because we have such lean inventories due to the earlier shutdowns. at the same time, the services sector, a huge sector of the u.s. economy, is still companies,because restaurants, hotels, other service sector related businesses cannot open. inre is a lot of divergence the economy at this point. vonnie: at some point, people will not be able to afford their durable goods anyway, unless we get more fiscal stimulus. what happens in that instance? isena: what it comes down to how much money people will have. right now, there has been a lot of saving for low income households that came from the .timul

david: thank you so much to scarlet fu. coming up next, we have more from michigan.will talk with the former head of the republican party in the state of michigan about the prospects for donald trump in michigan. coming up on "balance of power" on bloomberg television and radio. ♪ so you're a small business, or a big one. you were thriving, but then... oh. ah. okay. plan, pivot. how do you bounce back? you don't, you bounce forward, with serious and reliable internet. powered by the largest gig speed network in america. but is it secure? sure it's secure. and even if the power goes down, your connection doesn't. so how do i do this? you don't do this. we do this, together. bounce forward, with comcast business. ♪ power.this is balance of bloomberg has learned the white house is increasing its fiscal stimulus offer to $1.8 trillion. this is three days after president trump pulled his team from negotiations. larry kudlow said the president had approved a revised stimulus offer and that steven mnuchin would be discussing it with nancy pelosi later today. it's unclear wh

david: thank you very much, scarlet fu.ing up, we must to richard haass, president of the council on foreign relations. this is bloomberg. ♪ so you're a small business, or a big one. you were thriving, but then... oh. ah. okay. plan, pivot. how do you bounce back? you don't, you bounce forward, with serious and reliable internet. powered by the largest gig speed network in america. but is it secure? sure it's secure. and even if the power goes down, your connection doesn't. so how do i do this? you don't do this. we do this, together. bounce forward, with comcast business. david: this is "balance of power" on bloomberg television and radio. i'm david westin. bloomberg first word news, we go to mark crumpton. mark: house speaker nancy pelosi says president trump's latest stimulus proposal falls short of what is needed to shore up the economic recovery and battle the coronavirus pandemic. in a letter to her democratic colleagues, the speakers said significant changes must be made to remedy what she says are deficiencies in th

with us is bloomberg's scarlet fu.ulie we are talking about oil or metal or soft commodities, but water has made big headlines the past few months because of raging wildfires in california and elsewhere. it is summing that has grab the attention of regulators, including commissioner benham. we will talk about cme offering water futures contracts and a bit, but you kind of got the ball rolling here when you commissioned a study examining how extreme weather events pose a risk to financial stability. what was the biggest take away for you? 2019, avened a group in diverse group of market participants which really represents a huge part of the economy, to produce a report and provide recommendations regarding the intersection between climate change and financial market risk. the three high-level conclusions are that climate change poses a risk to the stability of the u.s. financial system and its ability to sustain the economy. is u.s.nd conclusion regulators should really move urgently to understand and address the risk r

san santuari >>> una investigaciÓn del new york times puso como en la a administraciÓn trump niÑos fus, a renÉ le q quitaron a su hija cuando llego del salvador >>> hoy en new york times tiene la forma en que se incrementa, habrÍa dicho el fiscal general de acuerdo con el reporte mÁs leve investigaciÓn del inspecto de la naciÓ >>> la intenciÓn serÍa motivar los inmigrantes, los riesgos fiscales de los casos, cuando centraron con la separaciÓn, hemos escuchado que hemos s separado madres lactantes a su bebÉ >>> haya le separaron de su nueva cono de cinco aÑos y dice que le tocÓ ayudar a los seres que le quitaban a otras madres >>> hubo desacuerdo entre mie r miembros de las mises en el presidente ya que no estaba de acuerdo de separar familia >>> hasta la fecha desde que se llevaron estas separaciones la u uniÓn americana de libertades civiles indica de que hay miles de niÑos que no han sido re unificados con sus padres des despuÉs de que terminara esta o polÍtica que fue fuertemente criticada. en los angeles c california noticias telemund >>> regresar el oficial acusado por la muerte

thanks to scarlet fu.t we will talk with the acting chair of the council for economic advisers, tyler goodspeed, about the state of the economy ahead of the election. it will probably bring up the fact that we had a 33.1% increase in gdp, record announced just yesterday. that is next on "balance of power" on bloomberg television and radio. ♪ businesses today are looking to tomorrow. adapting. innovating. setting the course. but new ways of working demand a new type of network. one that's more than just fast. you need flexibility- to work from anywhere. and manage from everywhere. advanced technology. with serious security. and reliable coverage, nationwide. forward-thinking enterprises, deserve forward-thinking solutions. and that's what we deliver. so bounce forward, with comcast business. it's moving day. and are doing the heavy lifting, jess is busy moving her xfinity internet and tv services. it only takes about a minute. wait, a minute? but what have you been doing for the last two hours? delegating?

that is scarlet fu.e in tonight for bloomberg special coverage of the final presidential debate at 8:30 new york time. we'll be joined by pollster frank luntz as well as bloomberg contributor's rick davis and jeanne zaino. this is bloomberg. ♪ so you're a small business, or a big one. you were thriving, but then... oh. ah. okay. plan, pivot. how do you bounce back? you don't, you bounce forward, with serious and reliable internet. powered by the largest gig speed network in america. but is it secure? sure it's secure. and even if the power goes down, your connection doesn't. so how do i do this? you don't do this. we do this, together. bounce forward, with comcast business. david: this is "balance of power" on bloomberg television and radio. i'm david westin. both president trump and former vice president biden have said the sticks could not be higher or this year's election, for a host of reasons. with two weeks ago, we hear from the national intelligence director that iran and pressure are trying to in

that is scarlet fu. thanks for that report on tech.t, an exclusive conversation with house speaker nancy pelosi on the way forward on stimulus talks. could they come back? we will also talk about the election and much more. ons is "balance of power" bloomberg television and radio. ♪ >> this is balance of power, guy johnson. stocks finishing up their day in european trading, another brutal session. the first takeaway you need to take from this chart is european stocks did not bounce today. horrible price action. finished down by .2%. as you can see, this is the last five days. this was the session yesterday. today, we did bounce back. over the last five days, down by 5%. we saw a little bit of a bounceback during christine lagarde's press conference but it didn't do much. let's talk about the individual markets and show you the differences across europe. ftse 100 down by 2%. the dax up by .1%. a lot of action today in germany. the question is, with the lockdowns we have seen announced in france and germany, will carmakers be able to con

fu fundmentsals are concerned your last note was the cocktail.y reduces viral load but unlikely to be a game changer. the fact that president of the united states is taking this and it appears that there are positive outcomes so far, is that in it itself a game changer to your view >> not at all. i think the problem that we're seeing again and again in all of the data that we're seeing for this is you can't go anecdote to see what the effect is most patients recover. president very likely with no treatment would recover. using anecdote to project what drugs work and what drugs don't work is really a major flaw in the analysis here. that's why we do randomized controlled studies to measure the true difference from pla tebow. you recall in the april-may time frame, there is a lot of enthusiasm for remdesivir. people thought the mortality rates we were seeing in single arm studies were really amazing. then we saw the actual data and it works it's a drug that seems to have an effect. but that enthusiasm that it really changes the paradigm for this di

scarlet fu is joining us. end of the third quarter, beginning of the fourth.rlet: i'm keeping an eye on biotech stocks and therefore the etf's that track these kind of companies. in the premarket when i checked to see the most actively traded stocks by value, everything was in the red, whether it was growth or value or tech or energy, which is always down these days, but a handful of biotech companies were higher. i suppose that is on the idea that one of these could be a lottery ticket if it is involved with a successful covid-19 vaccine. of the biotech etf's and the bloomberg, this is higher for the fourth time in five days, rounding off a 2% gain this week. it's rise this year is 19%. this is an equal weighted fund. these mother companies have the same waiting as the biggest names. -- the smaller companies have the same weighting as the biggest names. there's a lot of focus on whether the present will get access to one of the vaccines early because of his diagnosis, whether one of these companies will produce the vaccine he will take. no one knows anything

thank you very much, scarlet fu.ou have the health care really in the center, president trump and democratic nominee joe biden flashed on their health care plans. pres. trump: socialized medicine, it is not that he wants it. his vice president, she is more liberal then bernie sanders and once it even more. bernie sanders once it. . the democrats wanted. mr. biden: it is ridiculous. it is like saying the idea that there is a public option, that people can choose, that makes it a socialist plan. the difference between i and president, i think health care is not a privilege. it is a right. alix: joining us now is katherine baicker, university of chicago public policy dean. it is a great time to have you because your research focuses on the effectiveness of public and private health insurance. you are the best person to talk about this. is what the democrat's want socialized medicine? katherine baicker: really, i think we are talking about a public option that would introduce new government choices for people and expand

. >> he now has a fu aimed at raising $750. >> maybe everything happened for reason. the community will reach out and help us. to try to keep this dream alive. >>> safari west in the north bay is reopening tomorrow after a brief closure because the glass fire. when the fire exploded in sonoma county. officials say a close that a abundance of caution. with contaminant 41 percent. park official said they're comfortable reopening. more than 1000 animals. >>> taking a look at some of a quality has been a problem. certl in the yellow. you see greens along the coast. a nice little seabreeze. we should see some more green tomorrow. i think the orange goes away. a couple of yellows. you just look up here. you want to be in the green zone. this is where we were. that is kind of what i'm saying. the northbay still having the unhealthy for sensitive group orange avenue. continuing to his motor at 35 percent contaminant. the live camera outside. some smoke out there as well.pr we have a spinner that is growing. it is going to be enough to likely bring some rainfall. i suspect sou

. >> what could be more fu

makes them an incredibly good opportununity to become renewablele energy developmpment zones s of the fu. spoor: in the lastst few years, renewawables has actually bebece the cheapest form of energy thatat's available, and ththat s definitetely adding impetus toto this whole transitioion to renewables. we just can't wait much longer to make that transition. munnick: there is big scope fofr renewables to expand. what it needs is to have a proper renewable energy industrial strategygy. it would be a muchch more inclusive ecoconomy. mashigo: the evidence is there, the proof is there. i meanan, wy else would we participate, you know, like, in all the initiatives to tryry and address itit at a global level a and acknowledge that--i mean, eskom, we contributute probably 40%, you know, likeke, of the carbon emissions inin the country, so,i mean, it's's there. wewe've admd it. we've never said nay. we're not denialists. we are not denialists. woman: and the eskom ready to change? 'cause you're the key energy supplier. are you ready for that change? mashshingo: heh h heh! i'm n nog to answer r th

bond or fu sic was that out o. motivating most of paper they delay for me so to control. it emitted. for them into done the job of the dutch is a visual cue to continue. on with the suitable not a pretty not rich. of their most going to original to appreciate that a conflict of interests today lives in alexandria in egypt under a clue. gyptian surveillance and it is practically impossible to contact him except through social media. which. has. seen a human hot. this . morning. state prosecutor spot tonto began investigating this disappearance thanks to some software supplied to the italian police by the cia who identified about 20 mobile phone numbers present in the area when i was abducted. the mobiles were registered under false names but the investigation later traced the real identities of those nearby. to be. a. choice. he said to mentor when the little kid is a. kid. i feel no help at all it is an italian military banks around a 100 kilometers from venice part of which is under the direct control of the u.s. air force. one on board with a lift when they do it on the

hablaremosa fu 2% y de esto y más estaremos hablando est de esto y ma esta noche en noche en noticiasen dedica su vida a servir y no a servirse de los demás. un hombre de bien es aquel que no sostiene sus valores en una mano, sino que los demuestra con acciones. preocupándose por el bienestar de los más vulnerables. ese es joe biden. un hombre de bien. i'm joe biden and i approve this message. ¡al fin! todo lo crujiente de ritz y el sabor a queso... en un bocado que llamamos "critzpy". pues, "bocados", porque ¿quiÉn va a comerse solo uno? nuevo cheese crispers de ritz. crujiente y con queso, es critzpy. ritz. cuel detergente barato no pudoe mucon las manchas.os... tiene mucha agua así que volvimos a tide. una lavada y se fueron las manchas. qué? tú no te ibas a dormir? no pagues por agua. paga por poder de limpieza. [♪ ♪] [♪ ♪] [♪ ♪] [♪ ♪ >>] >>> la compañía apple presentó su nuevo teléfono inteligente hay fondos en el primer que funciona con la tecnología d la hoy su nuevo teléfono inteligente el iphone 12 que funciona con la tecnología de quinta generación. >> (habla en inglés). e q

. >> how many times on television have you seen him making fu of biden wearing a mask because he refuses to practice social distancing he puts his supporters in such jeopardy. >> reporter: the nbc news polling average shows biden with a 9-point national lead. but for biden's supporters in michigan which president trump narrowly won, memories of 2016 are still fresh. >> i think everyone is counting down the days and hoping that there's no surprise like there was last time. >> reporter: while trump supporters say a recovering economy is president trump's ticket to another victory. >> you go anywhere and it's 100-1, you know, trump signs over biden at least i think trump -- i think michigan -- he'll take michigan. >> reporter: tonight biden is holding a drive-in rally here in detroit. next week he'll deploy his most poten political weapon -- former president obama in philadelphia. lester >> all right garrett, thanks. >>> at the center of this campaign is the coronavirus pandemic a million new cases in just three weeks some states hitting numbers not seen even at the start of the outbreak we

. >>> aunque la iniciativa tiene fu no de rihanna futuro chicle propuesto de la demócrata es claro >> poder interferir .congreso, a >>> sol vicepresidente y el gabinete puedeonstitucn n sobre el viciniciar un prinoceso depueden iniciar un p mandatario porales. problemas mentales, en washington noticias telemundo. >>> mientras >>> mientras la campaña se intensifica ya son muchos los electores que la campaña se intensifica son muchos los electores que han emitid han em voto . según datos de loso su voto, según datos más de 6 millones de estadounidenses en 27cipado más de 6 millones de estadounidenses en 27 estados del país y estados de te país yn para las elecciones del pueblo próximo mes de noviembre. el michigan fueron procesados de los miembrospróximo mes de noviembre. le informa que en michigan fuero de una milici aca extremista que pretendíamiliciaa secues secuestrar a la gobernadora, la fiscal del estad la fiscal del impuso cargos por terrorismo y otroso puso cargos por terrorismo y otros delitos graves por participar en eparti complot contra el gobierno, otro hombre el gobierno o

\ >> the first aspt is to fus prior to the attacks, what i mean by that -- it was interesting today tseeumerous muslim associations in france really come out strongly condemn the attack including an organization which was disbanded officially -- banned yesterday by the security council in france. the idea to start really isolating extremist behavior within communities, that needs to be the emphasis. there is no way under the current circumstances and within the polarized world we live and to prevent every attack. if the actors that are borderline, there is a way to isolate them instead of having that these attacks become normal, that we can still create and make sure they remain an exception that will already be a one -- win. being able to isolate the extremists is a way to go. governments and authorities need the proper tools. brent: france has a long history of these extremist attacks and today we heard any people asking why france? do you have an answer? >> i have an informed idea of it. french history in terms of its relation with muslim communities is very peculiar. relation to colo

shaq-fu. the big aristotle. the big daddy. superman. the big agave. the big cactus. the names. geez, they get it. >> guillermo: so, what's next for shaquille? [ laughter ] >> aren't you a little too close, guillermo? >> i just want to know what's next -- >> okay, sit down, you're making me uncomfortable. sit down, man. ahh. >> guillermo: okay. >> making me uncomfortable. >> guillermo: all right. you have very good breath. >> thank you. >> guillermo: you're welcome. >> what's next? probably some movies, some tv. i don't know, just -- right now, i'm just hanging out. >> guillermo: what about cd? >> the rap cd, no, no more rap. >> guillermo: oh, thank god. >> are you making fun of me? >> guillermo: no, it's okay. >> trying to be funny? >> guillermo: no, i don't want no problem. can i go to the kitchen and check out your fridge? >> you can have whatever you like. >> guillermo: you want to do a cereal eating contest? >> you sure you want some of that? >> guillermo: yes. >> i'm the serial cereal eating champ. i'm gonna kill you. >> guillermo: you want to put money on this?

thanks to scarlet fu for that report on markets. up next will get more on bank earnings.en ofalk with rog sullivan and cromwell. ons is "balance of power" bloomberg television and radio. ♪ hope it doesn't cost too much. i hope my insurance pays for it. can you tell me how much this will be? - [cashier] 67. - sorry. - wait, have you heard about goodrx? goodrx finds free coupons to help you save up to 80% on your prescriptions. - wow, i had no idea. - [announcer] goodrx, stop paying too much for your prescriptions. david: this is "balance of power" on bloomberg television. i am david westin. for bloomberg's first word news we go to mark crumpton. mark: it's looking less and less likely there will be a new stimulus relief plan before the election. house speaker nancy pelosi and senate majority leader mitch mcconnell have dug into their opposing stances on pandemic relief. the treasury secretary steven mnuchin heads to the middle east next week which could delay further negotiations between democrats and the white house. today he says getting a deal before the election will b

of work for governments to 'd to compensate for it we are facing difficult times right says clements fu state of germany's think tank the evil institute in munich thank you so much for your time thank you. spain is among europe's hardest hit countries the economy slumped by around 18 percent of the 2nd quarter and the downward trend continues as tourism tanks and events accounts and the spanish government has launched extensive social support programs including a short term work allowance which guarantees workers 70 percent of their wages but the virus has already left scars on many lives that. volunteers prepare over 800 meals a day here at this emergency food bank in palmatum yorka. to melo is working in the kitchen he's a top chef but he lost everything because of the coronavirus pandemic. that's when all the problems began i had everything and then came months during which i lost everything that was no help or a lot of promises but nothing came of it. thanks to the food bank of the melos surviving he invested all his savings in a restaurant thanking the pandemic and the lock down th

told my kids a lot but they need to see the place on their own to fully understand my stories leaving fus really was the end of the world for me i was 14 all i remember is bombs being dropped on our heads i am so happy and grateful to our soldiers that i can make my dream come true the years of displacement will be in my memory forever i do not wish that on anybody. thank you joining us they are not the international we're back at the top of the hour with the late. let any brain. my favorite or them and us losing riots we have a part of the brain right here in the middle that's on the right side very high with assimilated and even healthy people one of the crew folks sold out of body experience. according to u.n. estimates by 2019 the flow of migrants out of africa had reached 36000000. around one 3rd of all displaced africans make their way north to europe. as if they were the immunity i'll come to the. people who got the news but get it if you've got the fuel to change. so many people determined to reach europe risking their lives to do so who are thinking and who profits from their per

told my kids a lot but they need to see the place on their own to fully understand my stories leaving fus really was the end of the world for me i was 14 all i remember is bombs being dropped on our heads i'm so happy and grateful to our soldiers that i can make my dream come true the years of displacement will be in my memory forever i do not wish that on anybody. here as has infuriated china by approving a major arms deal with taiwan at the state department has given the green light to point to $1800000000.00 worth of weaponry for the territory including missiles and artillery the top administration recently ramped up its support to taipei which the u.s. maintains direct diplomatic relations china meanwhile considers any dealings between washington and the territory to be interference in the country's internal affairs and the chinese foreign ministry has warned of retaliation over the latest deal. we urge the united states to recognize the serious damage caused by arms sales to taiwan and to abide by the one trying a principle. to end arms sales to taiwan and military ties with the terr

nearly a decade after the fu kushima nuclear disaster, japan's government has reportedly decided to releaser into the sea. the plant suffered multiple nuclear meltdowns after a 2011 earthquake and tsunami. there's limited storage for the water used to cool the melted reactors. japan's industry ministry said no decision had been made on the disposal of the water. american federal prosecutors have formally charged a mexican former defence minister of drug trafficking and money laundering. general salvador cienfuegos was arrested at the airport in los angeles on thursday. he led the mexican army for six years during the presidency of enrique pena nieto. mexico's current president, andres manuel lopez 0brador, said the arrest showed the extent of corruption in his predecessor's government. the bbc‘s will grant has more on the story. the first thing to jump out from the unsealed court documents against general salvador cienfuegos is the name. the prosecutors say he was known as "the godfather", which is an extraordinary allegation which against the man who was the country's defence minister. the

trump pouncing on thbiden taing away from fossil fus. also, but issues that are more on voters' mines like re. navirus responseand health >> marissa, are you expecting the unexpected to occur in the next few days, especially wi president trump behind in the polls, do you think the two campaigns wibe relatively quiet now? voting is underway and in record numbers. >> we have some 15 million ca americans that their ballots. but priya, i think like never say never. 2016 taught us that, but bothe om line is this has been a static race despite the unprecedented year. a global pandemic, something ha not seen in a century, and economic meltdown. really, the bases have stayed with both men, and they are fighting for the scraps in the middle. to i think trump will try to continue to shake up this race? probably. who i think biden tois going try to stay steady? that has been histology all along. i think one thing to watch is this meddling we are hearing from iran, russia, other foreign actors, hothe trump administration handles that and whether it

guess the added bonus of going into this lockdown would mean that we were successful with the recovery fuovery fund so we haven't got that initial pressure of zero income straightaway, the staff that we have on our books have got theirjobs secured until march at this point, so there isn't that pressure right there, but still, there is a lot of contractors and supply chains that rely on us to be open and with our doors closed everyone from the breweriestor, the sound engineer, to even the musics and the dj that entertain the people of shelf, they rely on us to be open. rachel walker, thank you very much for speaking to us. rachel walker, thank you very much for speaking to us. well, elsewhere in europe, several countries have reported coronavirus infection rates higher than during the first wave of the pandemic. in france, the government has imposed a six week, overnight curfew on two—thirds of the country. paul hawkins reports. well, elsewhere in europe, several countries have reported coronavirus infection rates higher than during the first wave of the pandemic. in france, the government

any administration has ever done, despite the witchhunts and the funny despite the witchhunts and the futhe witchhunts and the funny stuff that we caught them on now, we caught them cold, we will see what happens with that. just watch. stay tuned. right now, i am fighting to make sure we eradicate the virus, rebuild the economy and save our country from the radical left. we are hitting record stockmarket numbers, record stockmarket numbers, record 401(k)s, record record job numbers, don't blow it, don't blow it. well, that's where we will leave the rally in sanford california, president trump attacking joe biden as usual. interesting, just notice some of the figures of coping 19 in the state, the number of dead last friday from coronavirus has surpassed 15,000. president trump physically back on the campaign trail, as i say, just leaving the walter reed medical centre last week. let's get some analysis from our correspondent in washington, lebo diseko. she's been watching this with us she's been watching this with us in washington. any ideas of numbers there, because they all seem number

fu's come always great -- always great to speak with you. when you look at the number of infections, what are the chances that we get a double-dip recession? >> the risk is certainly rising. what we see is a very heterogeneous impact. i think we see a continued recovery in manufacturing. the question is, will this go on with these rising infection numbers. but certainly as strong blow to services. so for germany, we don't see a double-dip yet, but the risk is rising. what makes you worry about the coming weeks and months? i know we are eight days until the coming election. how does that change the fortitude of german carmakers and european exporters? clemens: i think the u.s. elections are tremendously important, but the intern -- the impact in the short-term is limited. of course the medium-term outlook for carmakers does depend on whether trump is reelected or not, but the democrats are not so much protectionist. so this risk remains. what is worrying at the moment is the rise in infections. it is unclear what could stop that. that will ha

then this will trigger into a nd nextecovery fu year. this is the first dry run in scale. the demand was extraordinary, 332 billion. it is a social bond, and this is going to be double the size of the social bonds in the world in one fell swoop. these are esg compliant, good for investors to say they are doing the right thing. and a fundamental money reason is that they are surprisingly cheap, if you can believe it, in the world of negative rates. issued atr charge was a coupon of zero and a price above par, which means in 10 back 97.5%only get of your money. that is really a test of investor faith. however, compared to german bunds, this is a positive bargain. at -24 basis points, that is a lot cheaper than -60 something. for foreign central banks who have to invest in euros, why not get eu credit aaa and get a pickup over bunds? so that is what everyone came out to play for. guy: there were a lot of redemptions, so this was well-managed from that front. do you think it is repeatable? how much money could we see potentially being issued here? how much debt could we be see

scarlet fu moderated a panel that included people from goldman sachs and others. >> my hope is that weth to take these companies public continue to involve -- continue to evolve. each of them have great strengths and weaknesses. the direct listing is interesting for some companies, but so far you have not been able to raise capital alongside it. another -- aks for number of companies. what has been fascinating as we are on pace to have a record year for ipo's in 2020. specs -- spacs go public. that has been half of the volume in ipo's. it is a real alternative and the structures have evolved to make it credible. the market feels like it is starting to choke on it from a supply and demand standpoint. it's almost saying sit tight and let us digest what we have. among everything it will be the performance differentiator. those that do well and add value, will they be able to continue to do well and raise money? those that don't will be one hit wonders and will not come back to the market. that will be the fake out. i'm hopeful that over time the market evolves in a way that there are thre

scarlet fu gives us around up. merck, the outlier of the three companies that reported because its stock is rising. here is how merck's drugs fared. the bestseller was the cancer treatment and sales jumped 21%. the diabetes drug was little changed, in the interesting part of merck's results was the vaccine business is behind. merck blamed it on lower back to school demand. sales dropped 10% because people avoided going to the doctor and teenagers cannot get their annual hpv vaccine. covidis also working on a treatment, but it is not considered one of the front runners. one of the front runners is pfizer, the focus is how it's late stage trials are going. enrollment is increasing. it is progressing. the vaccine still has not reached a key milestone, so pfizer cannot produce an interim analysis. they may be able to get an efficacy result by the end of this month. that is something to look ahead too. nevertheless that is what the market is responding to an pfizer shares jumped as much is 2.8%. eli lilly is also workin

scarlet fu has some of the details.rlet: remdesivir was a treatment he was given after being diagnosed. the company gapped higher at the open as much as 4.9%. this was originally developed to treat ebola. it has become the first covid drug to get fda formal approval. before that it was available under emergency use authorization. gilead can now move forward with marketing the drug. ve new brand name will be cklery. chargesaid it would $3100 for most patients. sales ofestimate 2020 be about $2.2 billion. the company is expected to sell 1.5 million doses this year. another blockbuster drug could make a huge difference and gilead will need it. it is getting a lower return from research and development. 40% versus 42%. the fda approved remdesivir for emergency use on may 1. if you look at the stock price, it has not done that well. it fell about 23%. had anup says gilead advantage but it only goes so far. the drug provides a short-term butt for revenue there will be more bac vaccine and antibody treatments coming up. david:

scarlet fu is looking at that particular change in ibm's structure.e: ibm is betting cloud as they returned to revenue growth and relevancy, as some would argue. once ibm sheds this legacy business, the number start to look more impressive. $19 billion in trailing 12-month sales, ixia billion dollars is in services backlog. 4600 clients over all which would include 75% of fortune 500 companies. this legacy business called global infrastructure made up a quarter of the ibm revenue. cloud is the blue slice, making up 13%. when you look at it in context, cloud is where the growth is. that is where you see the most prospects for ibm, and that is what the ceo arvind krishna things as well. for the business services and declines for everything else. dropping moree than 3% in 2019, expected to fall again by 4% this year. 2012, ibm's top line has shrunk every year except 2018. it was incumbent on the ceo, arvind krishna, who just joined, to make a turn in the company's fortunes. two companies will have a deep strategic relationship but that will not constrain

scarlet fu is looking at the fallout.rlett: let's start with the biggestse it is decliner among 11 groups. amazon's thirdt quarter, results indicate it's doing just fine. the outlook is pretty solid as well. it has gotten 50% revenue growth for 23 straight quarters. that puts amazon on pace for the best annualized gain since 2011, when sales were a fraction of what they are now. the problem is shipping costs are surging. rising 57%, much faster than the sales growth. of course, at a time when shipping will be a big expense because of the holiday shopping season. that is the issue with the rest of big tech. all the big names are reporting sales gains in the third quarter, but all of that is priced in by investors. that leaves the market to fixate on anything that does not measure up. and apple's case, iphone sales missed estimates and china sales were not up to snuff. facebook saw a decline in users in north america. it also says it sees a lot of uncertainty in 2021. twitter had a smaller than expected increase in daily us

scarlet fu is looking at what could be an $8.2 billion deal. >> it sound small relative to the recentls we had in the chip space but you hit on all the hot areas in technology. this is a cash and stock deal valued at a 42 percent premium to its last close. when you include that, it has an enterprise value of $45 billion. stocks were already flying before the announcement. they are up 91% this year. reported a full-year growth as well. this is even after it lost huawei as a customer. this marks the second major deal in the chip industry this week. tuesday, amd made a bid for xilinx. before that, nvidia agreed to take over arm. in july, analog bought maxim. we know the backdrop is the pandemic has led to increased demand for pcs, laptops, and while businesses are moving to the cloud, demand for chips is way up. that is helping to lift the share prices of these companies. the ceo of marvell says that scale is critical in this kind of environment. the two companies have similar customers, so by combining, they can sell more to the amazons and alphabets of the world. r&d and the complexity

scarlet fu is digging through the numbers.the story at southwestern and the rest of the airline property -- the focus turned to each care's financial position. southwest is better positioned than the others. and that the quarter with $15 billion in liquidity. cut thatlooking to even more to 11 million. just to get to breakeven, it needs revenue to be double the $1.8 billion and posted in the third quarter. by contrast, american is spending the most, $44 million a day in the third quarter. southwest is keeping its fleet lien, talking with boeing about changing up its orders for the 737 max. its most recent plan is to take 115firm orders after 2021, optional orders. that is a lot of planes before demand has recovered. cowen had called this a lost order but did say that we are perhaps passed the worst of it. southwest says demand is inconsistent by region but is adding some flights, some destinations where there is leisure travel picking up. vonnie: thank. much appreciated. bythe first ever guilty plea a bank unit, goldman sachs

>> you feel so useless and help fus. >> posters are going up?anging up posters and fliers. it was football season. >> they focused more and more attention on pedro bravo and his wobbly story. they executed a search of his apartment. what did they find stached way up in pedro's closet. we find christian's backpack hidden in pedro's back back in a suitcase. >> it was very well hidden. we thought this is pedro trying to cover up. >> pedro has gone from being a person of interest to a suspect? >> yes. it was very quickly. it is hard to swallow something that huge. this is somebody you've known for so long. >> erika had to face the possibility that maybe she and christian hadn't been so good. maybe pedro had known and it sent them over the edge. >> i overheard the officers discussing like a love, jealous rage kind of thing, like a love triangle i think they had said. >> how did you bare up with that? is. >> i didn't want to think of that. i couldn't imagine somebody doing something so horrible. >> they processed his suv, there it was, blood. now they

francine: that was farah fu stock. at the markets. least some optimism about stimulus in the u.s.. we saw that between democrats and republicans. we will have plenty more on that throughout the day. this is bloomberg. ♪ francine: economics, finance, politics. this is "bloomberg surveillance." i'm francine lacqua, here in london. town hallwill hold a with voters on october 15 two make up for a scheduled debate that president donald trump says he will not attend because it is going to be virtual. joining us with the latest is kathleen hunter. always great to get you because there is so much going on in the lead up to the election. how will this affect the presidential campaigns? kathleen: i think after we saw the results of the first debate, which was epically chaotic, and i think a lot of people were put off by the performance that they saw from both candidates. in that regard, it's not surprising, particularly we are seeing, particularly given that we are seeing negative blowback for trump and some of the polls conducted after the fir

scarlet fu digging into the details.ssets looking pretty shaky with the resurgence of the virus in europe. beat very low bars, but even defensive names within equities are not providing much cover. the problem is for investors, your traditional hedges aren't necessarily working either. look at gold, bouncing around $1870 and $1930, but it is really going nowhere. the dollar is weaker, and treasury yields have moved up a hair, but very much range bound as well. for all of that you can look to the federal reserve. the central bank has pumped a tremendous amount of liquidity into the financial system. of course, all of that began back in march. it has held up during that period, but the problem is the six-month correlation between stocks and gold prices has no compressed, and now you are looking at a much more synchronous movement between gold and the s&p 500. there we go. i was waiting for that chart to pop up. green party the chart indicates they are definitely moving more in lockstep. a read of one would mean they are mo

i will say that i agree that people, fu a-- if you are a healthy, young adult, put on a mask, socially in person. i personally don't trust republicans, particularly battleground states like north carolina and other states that have had issues with voting and voter suppression in the past. >> harris: all right. >> to be fair, i think absolutely, if you can vote in person, vote in person. >> harris: all right. back on another day. jason and jason, fabulous names. breaking news this hour, we'll be together again when we have more time. thank you both. the white house economic advisor, larry kudlow said there likely will be renegotiation over the presidential debate, the next one that the commission, debate commission says will be virtual next week. is there negotiating going on? i will get to it with the trump 2020 campaign national press secretary hogan gidley when he rejoins me next. únn: >> harris: i want to bring back in a trump campaign national press secretary h gidley who stuck with us through the breaking ne.ws ogan, great to haveou on the program s. th negotiation gogin o abo tnh

away near term traders trading on the notion that we're going into or going to extend negative rates fu day but on the week, down three quarters of a cent >> mr. santelli, have a great weekend. still ahead, the wall of worry getting steeper, bigger for unvestors wiu investors with the president testing positive for coronavirus. what is still safe to buy in this market. we have morepor nc nt. "weluh"ex i can't wiat to share at&t's big 5g news... (shouting through the glass) at&t has nationwide 5g? yup! and that's faster? faster, yea! but is it reliable? ah huh and secure! you should consider making a big deal about it! bigger? i said bigger! oh, big-bigger deal bigger than what i'm doing? it's not complicated. a 5g network needs a 5g device. now everyone including existing customers can get a free samsung galaxy note20 after trade-in. >>> welcome back let's get final check on the markets. the dow down by 36 pounts. we' points we're well off the sessions the s&p 500 is down more than .5% right now the nasdaq is down about 2%. so here for trader take on this volatile day is tim seymour. we

chris christie, hard hitting new jersey brand of politics, might as well be described as fu, buddy. famously told a protesters at a hurricane sandy recovery event this. >> you all know me. if we're getting into a debate today, it will get very interesting and fun. you want to have the conversation later, happy to have it, buddy. until that time, sit down and shut up. >> this isn't someone known for being delicate with other people's feelings. yet in the op-ed about masks, he says, quote, the message will be broadly heeded only if it is consistently and honestly delivered by the media, religious leaders, sports figures, and public servants, those in positions of authority have a duty to get the message out. one thing the president without naming him in with all of the other people so he doesn't get mad maybe, the problem is all of the other people have been getting the message out for eight months. the media, sports figures, public servants at large, and when it comes to some religious leaders, ones that did not encourage masks or social distancing and turned their churches into supe

here is scarlet fu. scarlet: shopping for a new freezer or bicycle? join the waiting list.shem to your part of the global supply chain estimated alers demand surge. factories around the globe reopened but often at limited capacity to keep workers socially distant. traderus also gummed up lanes. with demand booming on the back of a rising u.s. housing market, and already stressed network is seeing more stress. aging appliances is just as hard. experts say get ready for the biggest restocking cycle on record. gdp will get a boost over the next two to three quarters, but states that reply on logistics, manufacturing, and construction will outperform those with service driven economies. the bloombergs business flash. this is bloomberg. ♪ are you frustrated with your weight and health? it's time for aerotrainer, a more effective total body fitness solution. (announcer) aerotrainer's ergodynamic design and four patented air chambers create maximum muscle activation for better results in less time, all while maintaining safe, correct form and allows for over 20 exercises. do the a