annmarie: --kailey: thank you.usly focused on health care and bio companies in particular paired you put out a piece back in 2020, "the 10 laws in health care." health care as a whole may be trillions and trillions of dollars in value, but is just a bunch of submarkets that are just a couple billion dollars that it is divided into. steve: health care is the largest market in our economy. but it is literally 400 large, large markets. we are really interested right now in health care service companies. we are in the early innings of the transformation of the care delivery and payment system of health care. partly because this industry has only been digitized for a little over 10 years, which is pretty amazing to think about, given that it is the largest industry in our country. think there is massive opportunity to deliver care virtually, and a better way for patients, with more quality and cost. kailey: as you find opportunities, how do you value these companies, especially in a time when we have seen pretty rapid d

kailey leinz is on the ground with cigna. kailey: i'm here with the ceo of cigna.kicks off 2023 for health care. as you look forward to the year to come, what are you expecting in terms of the medical cost? david: we've a large services business. you tend thing but the benefits business. we have several years of very attractive -- for 2023 we expected to be up somewhat relative to the strong levels. a little bit more cost pressure from hospitals with the labor pressure passing through. but thinking about that is less than a percent overall within cost will be intact for 2023 as our clinical programs provided greater value for customers and clients, our virtual services and overall value. we think costs will be in good order but up a little bit. sonali: in terms of medical and ash kailey: we are coming off of or may be in a gnarly respiratory virus season. we've seen an uptick in covid hospitalizations. what do you see going forward in that respect? david: we are in a disruptive stage. we see elevated flu, rsv, thinking about flu is an example, the normal flu season

eva kailey is one of 4 people with links to the parliament were under criminal investigation and facing charges including money laundering. d. w. alexander phenomena had a chance to talk exclusively to the newly elected president, mark vice president. congratulations on your election to day. what will be your priorities for the european parliament in your new position? thank you very much for the congratulations. my priorities will be of course, to be a team player in that bureau. but in the given circumstances, also try to be a champion of transparency and anti corruption with the other colleagues together. and of course, you know, i'm a social democrat so i know where to come from and am, and also a very active member in the employment. and social affairs committee to social europe is also something which is important to me. and i am a fierce defense of the union of equality. and you know, equality glasses. you can always wear them when whatever portfolio or the president of the parliament will attribute to me. so we will see that i hope they choose a portfolio which fits to me. but y

kailey leinz is tracking the moves. kailey: a rally for the 500 is .eal action is in other asset classes, specifically the bond market, really remarkable moves. the two-year yields down to 4.09 and the 10-year yeild is at its lowest since september down at 3.37. this is after a trio of economic data points drops to downside production on retail sales and the bad downside surprise a good downside surprise all of that might be adding up to a fed that shifts left and that will contribute to the weaker dollar. the bloomberg dollar index down .4%. as the dollar has weekend we have seen a remarkable reversal in dollar-yen. the boj defied expectations and did absolutely nothing to change its policy. at one point it was weaker by 2.1%. we have entirely researched the move and the dollar-yen flat at 128 .21. even though the boj did not move today it will have to shift yield curve control going forward. you were mentioning the outperformance of the nasdaq 100 on an eight-day winning streak as is the s&p 500 information technology index. this is the best winning

i am kailey leinz alongside kriti gupta. higher by 0.4% but not the same for the semiconductors. intel heading for the worst day since 2020. the stock down about 7% and outside of equity world in the bond market, we also got economic data. the 10 year yield up to 3.25%. kriti:

that payment nanda pintos wasa kailey gold pub in listen, the indian ocean is playing a crucial role in the ongoing toilet revolution because of the endemic drought in south africa. but also more surprisingly, because of the end of apartheid, my challenge was to prepare for the new south africa. and as united a project you had, you had a central city which was mainly what people surrounded by a sea of poverty, which was mainly african people. many of whom had no services from 1996 until 2000 . that was easy to motivate for money for water because that was the big issue. but we called problem because then there was creating sewage and the surge was just running through the houses and causing problems. and then in, in 2002, which she said, we need sanitation with neil mccloud at the helm. the municipality of durban has become a pioneer in the separation of urine and fecal matter to save water. it's also testing alternative solutions to the western flush toilet and waterborne sewage system. a research group of the universe, naturally one day bill gates came across neil mccloud, his poll

p news, wasa kailey gall publicity durbin a south african city, with 4000000 inhabitants by the indian ocean, is playing a crucial role in the ongoing toilet revolution. because of the endemic drought in south africa. and also more surprisingly, because of the end of apartheid, martinez was to prepare for the news of africa. and as united parties, you had, you had a central city which was mainly what people surrounded by a sea of poverty, which was mainly african people. many of whom had no services from 1996 until 2000 . it was easy to motivate for money for water because that was the big issue. but we started to realize that just bringing water to families was causing another problem and public health problems. because then there was crating sewage and the sewage was just running through the houses and causing problems. and then in, in 2002 we had a color outbreak and that changed everything. suddenly the politicians said, we need sanitation with neil mccloud at the helm. the municipality of durban has become a pioneer in the separation of urine and fecal matter to save water. it's a

kailey. only place i feel safe using the women's bathroom. i got done and got out.king to another neighbor. and started pointing at the sign. i knew exactly what she was talking about because big old woman sign. i'm like is there a problem? yeah, you are using the woman's restroom you are a man. i said i'm a trans woman. she said no, you are a man. she kept saying it over and over. and honestly i just lost it. i just lost it and just started screaming. i just couldn't handle it. >> jesse: so cailee is upset because her neighbors won't affirm her identity. the only thing they will affirm the door says women. she just can't. and now even her friends are siding with the trans phobes next door. >> and then my group of friends that i thought my friends were all started to i escalated because she had two kids. i didn't even see the kids. they were there. and i just lost it. fight flight or freeze and i fought. they blame me that i was the one that was at fault when no one stood up to me when this person kept calling me he, she -- he, man. like, triggering awful like i dea

we are looking at another rally, kailey leinz is tracking those moves for us. >> this is likely to stilleek because we are coming off a three day losing streak on the s&p 500. .61% move is not enough to offset that. it is outperforming, up 1%. we had bond yields moving higher. the bond yield is up to 345 but it's likely about the individual stories. netflix is up 7% after blowing out of the water on subscriber subscription. investors are taking that news well. technically bad news that is being taking well is job cut announcement. wayfair is cutting 10% of its workforce but getting a really nice reward in the market for that. that stock is up 15%. investors liking those cost-cutting efforts. alphabet inc. announcing it's going to cut about 12,000 people, that stock is up 5%. the ceo saying i take full responsibility, we over hired. they are facing a different economic environment. let's talk about the economic data we have gotten today in the form of existing home sales. they were not down this much is expected but it declined for the 11th month in a row. is one area where you are seeing

kailey leinz tracking these moves. >> all in all it's a quiet day out of there.t we are seeing is a continuation of what we've been seeing for the year so far. the last two weeks we've seen stocks moving higher. as we see bond yields moving lower on expectations that the fed isn't can i have to go as much as anticipated. the 10 year yield down 23 or so basis points. we are trading down at 351. we have oil in the middle of its longest winning streak since 2021. nearing 81. a lot of that having to do with the china data. maybe optimism about the demand story coming back. bitcoin as well, the longest winning streak going back to 2013. obviously have crypto on the brain because it is a tuesday. you are seeing a lot of crypto related equities rallying as well. those are not the stocks worthy of talking about. they've had goldman and morgan stanley rounding those out for the big earnings season, very different story. morgan stanley up 7% due in part to better performance in the wealth management business. for goldman -- the consumer business making a lot of losses and

yvonne: speaking with kailey leinz there.ou can get a roundup of the stories you need to know to get your day going in today's edition of daybreak. termed all subscribers can go to dayb . -- terminal subscribers can go to dayb . this is bloomberg. ♪ haidi: a quick check of the latest headlines. tesla deliveries fell short of estimates in the latest corner despite offering discounts in the u.s. and china. the automaker handed over just over 405 thousand vehicles to customers. that is short of the consensus bloomberg forecast for 420,000. the total was a record, the firm came up short of its goal to grow deliveries by 50% last year. the ceo of ne-yo says he expects supply chains to return to normal by april as the country adjusts to its post-pandemic reopening. deliveries are expected to fall short of the target of 150,000 cars. the company was hit hard by the shanghai lockdown last may and june. >> it has indeed had impact on us this year. with the process of china's reopening it is inevitable to be impacted in the reg

kailey: lisa: -- lisa: a lot of people are concerned about russia trying to get ahead on the weaponryukraine will get you have olaf scholz trying to make some discussion with vladimir putin because this is dragging on and the deaths are catastrophic. jonathan: what is the latest on that front? people are constructive about what is happening with the economy. can you say the same thing about the war right now? maria: if you look at the words of president zelenskyy, he is painting a grim picture saying russia is potentially preparing a new offensive and the one year mark of the invasion of ukraine, intentionally -- intentionally something that will come -- potentially something that will come. he said he needs more and talks about fighter jets and said a war is going on and has not gone away and could play into russia's hands. it was repeated yesterday and the speech. he said we need the stuff now and it is about who gets the upper hand. jonathan: thanks for your time. maria tadeo over in brussels. lisa: i do think there is the issue you raised that the geopolitical risks that people ar