we have edward morse of is about and what it is what mr. buffett did yesterday.treamam with the hummer h2 full of the latest flavor of gasoline, and then there is midstream where mr. buffett looked at pipelines of opinion. tell us about the midstream value play. are there many more dominions to be played? edward: there are. we are in a distressed and asment at the moment you look forward american production of oil and gas will grow. as it grows, those that have the capacity to move it to where it is needed will get the throughput boost and that will increase the value of those properties depending on where they are. is a sappy play we think. on the sappy play pipeline industry or the natural gas universe? edward: the natural gas has been beaten up in a different way from the oil side. we have another thing that happened yesterday, namely court deciding that dakota access pipeline had to be shot on august 5. that could create an opportunity for an extreme play. if you cannot get out from the get out someave to other way. there are other dislocations other than the

edward morse of citigroup just reporting moments ago, mix it very clear that this is about and much lesse public good and public service. speaking of public service, he has been a public good for his united kingdom and for the global their logical community, steven riley is absolutely definitive in imperial college, on the migration of bacteria and viruses. the early the best in the world on infectious disease dynamics. that will be next. this is bloomberg. ♪ tom: "bloomberg surveillance." she has an important conversation with the gentleman from the bank of england, and the gentleman from the federal reserve system from new york. that will be something this morning. guy johnson. conversation of the day on this horrific pandemic. steven riley of imperial college london is absolutely definitive on how this virus moves from big, ugly, urban areas out to rural areas. he is with us today on the linkage between cases and deaths. know it isiley, i not a simple relationship. cases grow and that he could figure out where the deaths will be on the path. are we any smarter in that linkage from marc

tom: edward morse of citigroup. coming up, this is important. show up with courage to stay in the markets. have you been able to do that? .his is bloomberg ♪ hey, kids! welcome to camp tonsafun on xfinity! it's summer camp, but in your living room. learn how to draw with a minions expert... how to build an indoor obstacle course! plus... whatever she's doing. and me, jade catta-preta. the host of e's the soup! camp tonsafun. it's like summer camp, but minus the poison ivy. unless you own poison ivy. in which case, why? just say "summer camp" into your xfinity voice remote to join. ♪ tom: this morning, there is a lesser yield, there is no disinflation adjustment yield. up 25 percent since march pandemic lows. it is a hope, a promise. europe agrees to a united stimulus and in washington trillions more in aid will be needed, and it is needed now. there are 103 days until the election. the president adapts and adjusts. from weakrs migrate pathetic jerks and fools to his partners. good morning, this is bloomberg surveillance from our world headquarte