daniele antonucci, chief strategist. has run the numbers. 3000 basis points of rate cuts in emerging markets. --y want to play it out number 14 emerging-market equities. for credits -- number one emerging-market equities. it is coming up to, what time is it? 6:30 a.m. what a beautiful shot of the city of london. but it's in tier four, a city that fights hard and comes back very quickly. this is bloomberg. ♪ erg. ♪ good morning. it is daybreak europe. futures push higher. coronavirus hospitalizations in the u.s. reaching new records. 50,000.rus deaths we hear from the ceo of vaccine developer novavax. centerfold in financial operations into a holding company. regulated like a bank, shares in alibaba shareholder softbank jumped. the markets are putting in new records all around. our reporter from washington says there is virtually no chance of $2000 checks going to the american public. this is the effective free money shot in the arm that equity markets are looking for, as the house passes the legislation on the pandemic r