joe: our thanks to bloomberg opinion columnist and former new dudley.sident, bill there was a lot of negativity today, but our next guest is still more optimistic for that light at the end of the economic tunnel. we will be talking to andrew zatlin, founder of southbay research, next. this is bloomberg. ♪ this is bloomberg. ♪ ♪ caroline: today there were some pretty negative signs around. no economic stimulus, covid case is surging here and in europe, stocks tumbling in every sector in every pot of the world. our next guest will be giving us a healthy dose of optimism, of course. -- one of the things that caroline: we are having technical issues with joe. romaine, we will be looking perhaps at the glass half-full potentially. everyone is worried about the economic fallout but some still are saying there is an opportunity for growth. romaine: yes, let's bring in our next guest, andrew zatlin, southbay research founder. he wrote an interesting piece talking about the recovery and some of the conditions underlying the recovery. i went to start off with the

back, we won't stop supporting our candidate and the issues we believe in, joe biden supporter karen dudleypushing him to the ground for holding a trump flag down a busy massachusetts intersection, dudley is free on bail charged with assault and battery. instead of defunding the police a democratic candidate suggests defunding the pentagon. tweeting if you're having a bad day think of all the social services we are going to fund after defunding the pentagon. jackson writing on facebook, quote, really bad idea, us military keeps the world in check, delusional, johnny posting where do these people come from. al writing how about we totally defund congress, watch them scream. todd: live look at nashville, tennessee were donald trump and joe biden will face off in hours. the critics are already calling out potential bias based on topic selected by nbc's moderator. notably absent the economy, supreme court and foreign policy. you to tell us why, joe, great to see you. your the debate topics. we will look at him as we touch the touchscreen. this is happening. maybe does not. fighting covid-19, am

dudley,h us now, bob head of the ogci.e lost it, i know you are joining us on the phone now. we were talking about when these big oil companies across the globe, how they are thinking about that right now in this environment. bob: yes, thanks. a thunderstorm went over and completely knocked out my internet. the companies are of course working with their customers, working with sectors to reduce their emissions. doesn't matter whether it is airlines or steel or aluminum. on, the oilk going and gas climate initiative to reduce the carbon intensity of the fuels that are produced. it is on everybody's radar screen regardless of the definitions that you use and i think what you will start to see, there's other sectors that would like to form og ci-type groups within their own sectors whether that is steel or chemicals. set up aas billion-dollar fund investing in many things that actually takes co2 out of the air and has worked really hard on carbon capture use in storage. it is almost required in any parent scenario to remove c

this was the take from bill dudley, former new york fed bank president. >> the fiscal stimulus was sohat it actually boosted household savings, and the reopening we saw in the economy, and september also provides support to the economy. i think that is really what the stock market is reacting to. jonathan: that is certainly what the stock market is reacting to. mr. dudley added to that, the real concern is whether this federal reserve has the firepower to respond to anything if the fiscal stimulus doesn't come. tom: i'm not an expert at this, but i love the idea of saying 2% and 3% gdp was certainly comfortable for everyone in washington. you see in the literature, do you read anything that discusses 6% of gdp? jonathan: now. -- no. what are you talking about, q4? now. i'm with you tom: i think this is so important, the framework of a very selective few saying we are going to get up to $5 trillion and $6 trillion, whatever the number is going to be, of aid. no one is talking that possibility, are they? lisa: just relying on the fed to come up with something, and yet it is very unclear

a man has been charged with murder after two men were found shot dead in a car in dudley on wednesdaywest midlands police have confirmed that 32 year old jonathan houseman has been charged with both their murders train services in the east and north of scotland will be shutdown from 7pm this evening, following weather warnings for the area. 0perator scotrail tweeted that the frequency of services in those areas will reduce before stopping tonight. in august, two people were killed in a train derailment near stonehaven, after a landslip caused by heavy rain obstructed the line. the conservatives have announced plans to open a second headquarters in leeds. speaking at the start of the party's virtual conference this morning, the party's co—chair said it would better serve tory mps in the north of england and north wales. the new hq, a counterpart to conserative campaign headquarters in london, is expected to open next year. officials say two people have died and eight people are missing in south—east france after a powerful storm caused what is being called the worst flooding in living

he's austistic and asked his mum if he would be able to catch a bus from jamaica to dudley to see her'll talk to her in the next half hour. good morning. the number of people with coronavirus in england is nearly 16,000 higher than was previously reported, because of a technical glitch. public health england say the cases were not entered into the national computer system. they were added over the weekend, leading to a dramatic spike in the numbers, as frankie mccamley reports. the test and trade system has come under intense scrutiny as ministers try to assess the rate of spread of the virus. this wasn't helped when the virus. this wasn't helped when the government announced a technical issue that meant some cases last week were not recorded at the time. last monday, just over 4000 uk cases we re last monday, just over 4000 uk cases were confirmed. that rose to a then high ofjust over 7000 on tuesday. the following days the daily total remain stable, varying betweenjust under 7000 tojust remain stable, varying betweenjust under 7000 to just over. then over the weekend, public health

depths that's not the allegedly turning up the welcome to a night on the town but a shot he had with dudley found out this is not the 1st time h.m.s. vigilant has found itself in choppy waters. fears over the nuclear button and what could happen if it was pushed an era has overshadowed humanity for decades so no one wants the trigger to be in the wrong hands certainly not drunk ones one lieutenant commander in charge of nuclear missiles on board a british royal navy submarine stationed in the united states was sent home last month after he allegedly arrived intoxicated for duty following a big night out and is far from steady and sober hands were carrying a bag of grilled chicken and to work personally i go for fried on a hangover chicken aside an investigation has been launched where an individual's conduct falls short of the high standards so we expect we won't hesitate to take the appropriate action where we don't comment on the detail there are numerous safety checks and processes to protect the safety and use of weapons the board all submarines while turning up hamet at most jobs is a

a man has been charged with murder after two men were found shot dead in a car in dudley on wednesdayfound dead in a parked vehicle in the brierley hill area of birmingham. west midlands police have confirmed that 32—year—old jonathan houseman has been charged with both their murders. president trump has been given a treatment that involves an injection of antibodies, similar to a drug being trialled in the uk to see if it's effective against coronavirus. our science correspondent, rebecca morelle, explains the thinking behind it. how does this work? when a person is infected with coronavirus, they produce antibodies. these attach to the spike of the virus, blocking it from entering our cells. we make hundreds of different types of antibodies, so scientists sifted through them to find the best at sticking to the virus. they chose two because they both attach to slightly different parts of the spike, so if the virus mutates and the structure changes, at least one will still work. both antibodies are then multiplied in the lab and produced in huge quantities. they are then mixed togethe

a man has been charged with murder after two men were found shot dead in a car in dudley on wednesdayld, jonathan houseman, has been charged with both their murders. the conservatives have announced plans to open a second headquarters in leeds. speaking at the start of the party‘s virtual conference this morning, the party‘s co—chair said it would better serve tory mps in the north of england and north wales. the new h0, a counterpart to conservative campaign headquarters in london, is expected to open next year. the cruise ship industry has been devastated by the coronavirus pandemic. those giant vessels acted almost like incubators for covid—i9 earlier this year. and now few people want to travel while the virus is still circulating. but for one company in turkey — it‘s not all bad news — as tim allman explains. this is where cruise ships go to die. lined up in a row, five huge vessels, victims in their own way of the coronavirus pandemic. this huge wrecking yard in turkey a hive of activity, proof that for every cloud there is, in some way, a silver lining. translation: before the

hearing from the former new york fed president, bill dudley, today.id the fed is almost out of ammunition. you are saying the boj is also nearly out of ammunition? sayuri: yes. the bank of japan is doing everything they can do. in terms of asset purchases, you know, over this couple of months, the bank of japan -- maybe because the price is moving around 23,000. it is greatly overvalued. they are talking about the jgb. at this moment, what's important is the support for commercial banks. before thatntioned more fiscal stimulus is going to be needed, you know, the prime minister has been rather noncommittal about what might be coming. what, in your view, needs to come in terms of fiscal stimulus? themi: because a lot of are going along, the pace a rebound of the japanese economy is much weaker. it's a very sluggish economy. i really think the government needs to provide support to small and medium enterprises and .erhaps some continuation also for the people who have a job. it's additional support that's necessary, but at this moment, he has not shown

bill dudley, former new york fed president, came out today in a bloomberg column and said, probably not. do you agree with that assessment, the idea that the fed has offered pretty much all it can to stave off what could be potentially escalating bankruptcies and consumer insolvencies as the virus continues to spread? megan: i don't actually agree with that. they would have to do some really unconventional stuff, but there is something people are banging on about, which is dual interest rates. you have one interest rate for borrowers in a different interest rate for savers, so you can cut the borrowing rate deeply negative. you can increase the deposit rate so that you can benefit savers. you can subsidize borrowers and savers at the same time. that is an unambiguous stimulus across the entire economy. central banks are reticent to implement this in part because it is sort of fiscal policy. i don't think it is the best scenario. it wouldn't be my first k solution. but given that fiscal authorities aren't doing their job, stepping in with fiscal support, i think it is the second-best sol

in massachusetts karen dudley has been charged with assault and battery on an elderly person after she allegedly berated, bumped and knocked over a 70-year-old vietnam veteran carrying of veterans for trump signed. let's discuss that with radio talkshow host jason rand and law professor john you. welcome to you both. okay, so apparently there was another case and this one involved in baltimore county a disagreement with some folks driving by, trump supporters, a guy with a sign, they were in two different sides. he fired a shotgun allegedly and here's what the judge said. how to get to the point that he pulled out a shotgun, what has the world come to? this is beyond belief, free-speech, why resort to weaponry. i think everybody is fine but it raised a lot of eyebrows about where we've gotten to at this moment. >> who among us has not pulled a weapon on someone for holding a different political view, like normal human beings. i can't say i'm shocked this happens. i don't think we are going to see a rash of these but when they pop up it is concerning. we had a significant loss of civili

bill dudley former fed official saying the fed is out of bullets.the ambrosia, the central bank money printing to keep this market going? >> that is an interesting question. a trillion dollar question. i think the bloom is off the rose with those guys. i think the fed is horribly misjudged this crisis and formation and solution. they're doing whatever they can to remain relevant. i think the real piece, americans to your point, are still hopeful, resilient, brilliant people. we want to go back to work. the country needs to go back to work. the question is how. the money is starting to realize that. tonight, for example, 1/5 of the s&p 500 reporting tonight. $5.3 trillion worth of assets, all of whom are really critical to our lives. that is the kind of opportunity the money is starting to focus on. stuart: semiconductors group space one i know you're really close to. we have another deal announced this morning. marvel, 10 billion-dollar deal. we had three in a row, 73 billion. in this state, i like nvidia. i love advanced micro. this is an area wher

2, are east riding of yorkshire, kingston—upon—hull, north east lincolnshire, north lincolnshire, dudley south derbyshire, the whole of high peak, charnwood, luton and oxford city. we can speak now to councillor rob waltham, he's the leader of north lincolnshire council. 0ne one of those areas affected at the midnight, very early saturday morning, hello, good evening. the people you represent, face for the restrictions. i think it is incredibly difficult time to reconcile rising infection rates and also making sure that people are safe as they possibly can be. clearly, my view is that the local lockdown is having an impact and we hope you have a significant impact in our communities and is why we have agreed fred across her area that this is the right thing to do. and people that this by people not mixing indoors, certainly among other things and we know that the huge impact that has on a lot of businesses, particularly the hospitality sector, but financial support is out there, do you feel it is enough people hitting that way?” think it's good to be challenging for a lot of people, part

that dudley weakness. what does the election mean for the greenback?r, at least in the short-term is probably going to consolidate, maybe even strengthen further. one of the things seen in the market is a substantial buildup of short dollar positioning. i think that short dollar squeeze still has some room to play out. we are at multi-year lows in terms of dollar positioning. i think that given the uncertainties in the markets, conversely, the u.s. elections could bring greater uncertainty. risk aversion ashley picks up. in the medium-term, talking past the first few weeks, we think the dollar will continue to weaken across a host of emerging-market currencies. for now, we have a little bit more upside. we have the election, we have covid, supreme court seats, a variety of other -- as you call it, walls of worry. -- worlds of worry. the question is if that is high. >> i think it is wide and high. clearly it will not go away quickly. we may have some positive news in the very short term if we get a deal on phase four. if that does happen, that could mov

but dudley claims she was attacked first. she is due back in court next month. sad news.ate on his battle with stage 4 lung cancer. talk show host recent scans shows the cancer has progressed. >> tough to realize the days where i do not think i'm under a death sentence is over. it's a blessing when you wake up. it's a stop everything and thank god moment. >> the 69-year-old limbaugh first announced his diagnosis in february. brian: it's amazingly candid and the way he approached it the same way he approaches everything. i tell you what's on my mind and respect the listeners and tell what you i'm going through. always amazing. i just listened to the whole monologue before the show. it's amazing to talk that candidly about you don't know if you have tomorrow. i don't know many people that would communicate like that. ainsley: will and brian when i when i listened it to last night and woke this up morning first thing did i was thank god for waking up this morning because of his message yesterday. he is still making a impact and not giving up. is he fighter. will: you and i h

riding of yorkshire, kingston upon hull, north east lincolnshire, north lincolnshire, west midlands, dudleye are just six days to go before election day in the united states with both donald trump and joe biden travelling from state to state to whip up last minute support. and still the major issue appears to be coronavirus. the us government scientific adviser, anthony fauci, has criticised president trump's rallies, telling the bbc they are bound to spread covid—19. here's our north america correspondent, david willis. the worst health crisis in more than a century is driving americans to the polls in record numbers. 75 million have so far taken the opportunity to vote early and avoid cramming into crowded polling stations and there are still five more days to go. among the early voters wasjoe biden. he and his wife, jill, cast ballots in their home state of delaware and the democratic nominee promptly took aim at his opponent, calling president trump's handling of the crisis an insult to its victims. we have lost more than 220,000 lives with this virus already but this administration has

it was at an industrial estate units in moore street in brierley hill in dudley.t the scene. the police are appealing for anyone who was in the area at the time who saw or heard anything is positions —— anything suspicious to get in touch with them. west midlands police have launched a double murder investigation. italy was for some weeks the global epicentre of coronavirus, the first country in the west to be deeply affected by the pandemic, and the first in the world to impose a national lockdown. but now its infection rate is considerably lower than others in europe — 38 cases per 100,000 people, compared to more than 100 in the uk, 230 in france and 330 in spain. so how has it managed to stay on top of the virus? 0ur rome correspondent mark lowen reports. covid's once global epicentre is not letting down its guard. spot checks by italian police to ensure rules on overcrowding and mask—wearing are followed. it's one of the tools italy has used to get infection rates down to some of the lowest in europe, keeping the virus in check while others struggle with a fr