kriti: i am kriti gupta. we started with green on the screen. a cpi report encouraged buying into the equity market and we paired a lot of those gains. we are still in the green with session highs 3.2% on the s&p 500. look at this. not only are stocks going up, so our bonds. the idea is a repricing of what the fed policy rate might be. we will dive into that with michael mckee. as the yields comes down, so does the dollar. weakness by about 1%. the flipside is you are seeing a boost into commodities. the move lower in equities is not translated into oil, brent crude about $81 a barrel. jon: a lot of those energy stocks higher on the day. what has been interesting is the cool off we have seen in technology stocks since the opening bell. meta, the parent of facebook, was up 6.5% and now 4.5%. the cool off has not been helped by the continuing selling pressure in tesla. right now, the ev player's shares down 3%. the market cap was around $500 billion today. crown holdings up over 3%. the company avoiding a proxy fight with carl icahn, so investors

i'm kriti gupta alongside jon erlichman.ding to goldman sachs commodities will be the best performing asset class in 2023 handing investors returns of 40%. >> two years ago, in october 2020 we called for a commodity super cycle and we stand by that view. that is not an upward trend in prices. it is spike after spike after spike. it will go on and on until we have adequate investment to be able to grow supply. kriti: that is a pretty bold call from jeff currie, but not abnormal. let's bring in julia fanzeres to break it down. he has been saying this for a while. is there anything new? julia: his call has not changed at all. what is interesting are there more traders on his side now agreeing with that. there are a lot of things to back up his call for 2023. you are seeing energy equities, a lot of those companies are not taking that money and investing it. they are giving it back to shareholders. that's great news for anybody that invest in the equities. china reopening will bolster the call for oil prices, because oil prices

joining s -- ours is at the low end kriti gupta -- edward ludlow and kriti gupta. i don't think -- inevitably, there was gonna be a glut. micron is in the commodity business and at some point, it was going to struggle with samsung doing what it would doing, that time has come. ed: micron is telling us we are in cyclical downturn but that downturn is worse than feared and it will go on longer based on the fourth guidance the company -- forward guidance the company gave. laptops, they were never really the chips in short supply. if you look at the commentary from the executives, this is the worst glut for these chips in 13 years. the things that were in short supply are more basic than that. there is evidence that the end user, which is the eight -- end customer, they have stopped ordering. because the man is in their but we have known that for some quarters -- demand is not there but we have known that for some quarters. there is no consumer -- confidence hit by higher rates and higher inflation and this complete reversal of used car prices. there is evidence in the

let's go to ritika gupta.ika: former cryptocurrency mobile sam bankman-fried held at least four meetings with senior white house officials this year. it was part of a push to influence crypto policy and build connections before his ftx empire collapsed. ftx's ties to washington have come under scrutiny. bankman-fried gave millions of dollars to democrats. some estimates of just how add that covid outbreak in china could be. according to air affinity, there could be as many as 25,000 deaths a day. daily infections could peak at around 3.7 million cases during lunar new year celebrations next month. it has been difficult to obtain accurate data since the covid zero policy was lifted. in myanmar, deposed leader suu kyi has been sentenced to seven more years in prison after being convicted of corruption. her total prison term is now 33 years. global news 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. i'm ritika gupta. this is bloomber

joining me now is doctor sanjay gupta, so how common are aortic aneurysms? she was, saying it's the big blood vessels that comes out of your heart and supplies all these other parts of your body. and it's pretty sizeable blood vessel. so there's different places along the blood vessel where you can have this mannerism let me show you have this image here when you look at where she was describing grants and arisen was it was right at where the aorta leaves the heart and that's where that ballooning sort of occurs and the walls of that became thin as a result that has a much of the on the right there anderson when the wall becomes thin you have blood coming out of it with pretty good velocity we can rupture working dissect and that seems to be what it happened here. let me show you quickly if i can on this model, anderson, the heart, this is the aorta here and the big red blood vessel, this is the area that it ballooned. and that's right in your chest cavity, around your lungs, around your trachea, things like that. as you can have also has a different symptom

gupta.orner here toward winter, officially toward winter into the holidays, obviously there are lots of concerns among all age groups, especially among children about the confluence of covid-19, of rsv, of influenza. what does the picture look like to you as someone who works firsthand on all of this? >> you know, willie, i'm worried about middle of january. that's when we expect a rising, hopefully a peak. that's when we're expecting a peak. that's when covid is supposed to start beginning to spike up as well. that's what i'm worried about. from an adult icu standpoint, mid january into mid february is when we expect cases to rise for kids, parents out there. if your kid has not gotten the flu vaccine, critical to get the flu vaccine for your kiddo, one of the benefits out of the united kingdom, 15 kids have died from invasive strep infection. it diminishes your defenses against strep a, that's all around us so really important to bolster the defenses when you can. parents out there, make s

i'm ritika gupta.ing its borders to the world by removing the final covid zero restrictions. people will need only a negative covid test within 48 hours to travel there and they will reduce the frequency of reporting cases, ultimately changing in western new york at least 28 people are dead and one of the worst weather disasters to ever hit the region. more than four feet of snow fell on the city of buffalo. emergency crews could not respond in time to medical crises in the snow drifts. meanwhile, southwest airlines expects that the chaos caused by the storm to last for another few days. the wall street journal was told that the carrier expects to operate at one third of its typical schedule so that it can get crews in the right position. they canceled almost 3000 flights on monday. and south korea the military says they sent drones across the border into north korea for the first time, an unprecedented move following the north korean decision to send unmanned vehicles into north korea and airspace. ki

gupta, thank you for making time for us this evening.ion a risk factor for contracting covid at this point? >> alex, good evening. it certainly seems to be. and in terms of getting infected, certainly in terms of ending up in the hospital, alex, what we have seen, and moving forward we are going to see this from working more -- that there is a vaccine that exists -- that prevents severe illness. -- it seems like blue cities have greater prevalence and greater uptick of vaccines at the individual level. those communities are better protected. and as a result, those hospital systems are less likely to undergo any type of stress-like condition. certainly, we are seeing that divide across political lines. >> are our public health officials communicating this to governors like desantis, who are doing things that actively undermine a drive to vaccinate their state populations? the sort of moral bankruptcy of this political strategy has a practical effect on their citizen mortality. >> what's interesting is, states, as you know, alex, are fairl

gupta. i would like to ask if i might yield time now to my colleague from new hampshire, senator shaheen. the presiding officer: the senator from new hampshire. mrs. shaheen: thank you, mr. president. and thank you to my colleague from virginia, senator kaine. i'm really pleased to join you on the floor in support of dr. gupta to be ambassador at large for global issues at the department of state. this isn't the -- sadly, this isn't the first time that i've come to tt floor to raise dr. -- to the floor to raise dr. gupta's nomination here with our colleagues in the senate but also with our colleagues on the foreign relations committee. i have to admit, mr. president, that it's disappointing to still be standing here trying to convince my colleagues that women's rights matter. they matter whether they're in the united states and afghanistan and iran, in china or venezuela. partisan obstruction should not prevent a qualified nominee from undertaking the necessary work of the ambassador at larg

ritika gupta. this is bloomberg. ♪ caroline: the u.k. is all for today. let's bling it looking at the s&p 500. big tech for the entire year off by 1.3 percent. looking at the rest of the world for not only stockmarkets but bond markets rate this is the dog on the day. bond markets push up, yields on the higher side. paul: 10 year treasury up five basis points. 3.79. the two year is up five basis points. caroline: look at commodities. we have been held up a little bit better. the dollar is on the weaker side. that all has to do with china reopening. this is bloomberg. ♪ caroline: welcome back. this is bloomberg markets live on bloomberg tv and on radio. we are simulcasting on this holiday thinned out volume day. i am caroline hyde and paul sweeney. i look at a market trying to make its mind up. s&p underwater. bond yields push higher, taking the wind out of equity market sales. financials have been under pressure on the day and under pressure on the year-to-date as well. paul: net interest margins g

joining to us talk about this is have gupta, a critical care pulmonologist. dr.ank you for making time for us this evening, given the data that you have now is partisan affiliation a risk factor for contracting covid at this point? >> alex, good evening, it's seeming to be. in terms of getting infected, certainly ending up in the hospital, alex, my feeling is we'll see this for more conditions over time. there's a vaccine that exists, vaccines that can prevent infection or illness, it seems that blue cities have greater prevalence and greater uptake of vaccines on the individual level. those communities are better protected. and as a result, those hospital systems are less likely to undergo any type of stress-like condition. certainly, we're seeing that along political lines. >> are public health officials communicating this to governors like desantis who are doing things to undermine their state's vaccinations? the moral disruption of this political strategy, have a practical effect on their citizen mortality? >> you know, what's interesting is, at states, as yo

vin gupta, a pulmonologist and global policy health expert.h, this is driven by the spike in covid cases as china has relaxed covid restrictions, and by concerns of the emergence of a potential new variant here, right? >> reporter: that's right. one other thing, hallie. u.s. skepticism about the data china is releasing to the rest of the world about its covid cases, and specifically a lack of genomic sequence data. they don't believe, u.s. federal aelt officials, they'll be able to have a good handle with the data they have now, with potential of new variants that could emerge from the surge of cases we're seeing in china. as a result, they don't know they'd be able to tell when there's a new variant and slow the spread. as a result federal health officials tell us that starting on january 5th at 12:01 a.m., they will begin requiring a negative covid test pre departure from anyone coming from china. if you're coming by plane from china to the united states, you're going to have to get a negative covid test up to two days before departure. it c

sanjay gupta join us as we recognize the humanitarian good using their star power for good. ♪ ♪ >>> this"cnn heroes. sharing the spotlight." i'm anderson cooper. for 16 years, we celebrate remarkable individuals as cnn heroes. these everyday people who are working often without a lot of money or attention to make the world a better place. tomorrow night we'll be honoring the top ten cnn heroes of 2022 and naming a new hero of the year on cnn heroes all-star tribute live from the natural history museum in new york. tonight, we're doing something different. in the next hour we'll be featuring public figures and taking issues close to their hearts and whether helping people in wartorn ukraine and destigmatizing mental health and they're using the power of their platforms to help those in need. kicking us off i has built an empire of restaurants and beyond. he's given away millions of meals through his non-profit world central kitchen, now when disaster strikes, earthquakes, hurricanes and wildfires, he mobilizes bringing hot meals where they're needed more. andres and his organization also

vin gupta. dr. gupta, we know you are on the frontlines in seattle. we are seeing covid numbers going up in places. what are the biggest concerns as we head into the next week of holiday time? >> peter and kristen, good morning. great to see you both. we are still very much in a difficult spot here. i would say the first half of cold and flu, we see rsv cases peak. flu a in particular for viewers out there. get the flu shot. a lot of benefits from it. to the point made earlier, flu a cases at the highest cases we have seen in over a decade in cold and flu season. covid we expect to peak in mid-january. a difficult time here as we enter the second half of cold and flu season. >> and the issue is people are gathering this holiday season. what are the ways that people can gather given all of the data you are seeing and what you are seeing on the frontlines in the safe way? >> i'm glad you is asked that question. absolutely safe to gather and keep your plans. if you are sick -- think or act how you would before the pandemic -- try not to travel. if you tr

gupta to point that out. >> base race denominator.>> a republican lawmaker calling out a liberal activist at hearing discussing threats to democracy for threatening posts the witness made in the past. >>> plus this. ♪ >> a boy band to boot camp. one of the members of bts is headed off to the military. what's expected there next. >> these guys are -- are they like crazy, crazy popular? >> yes. >> i have no idea who they are. >> don't say that, they'll como for you. (vo) afteter fifteen years of the share the love event, subaru a and our retailers have donated over two hundred and fifty million dollars to charity. in fact, subaru is the largest corporate donor to the aspca... >> i have no idea who th are. and the largest automotive donor to meals on wheels... ...and maka-wish. get a new subaru during the share the love event and subaru and our retailers will donate three hundred dollars to charity. even when things seem quieter, the urge to protect means staying on the lookout to help keep others from harm. >> i have no idea who they ar

sanjay gupta breaking down just how much scent influences attraction. don? ramping up pressure on republican lawmakers to condemn former president trump's call to terminate the constitution. straight to cnn's mj lee at the white house with more on that. mj, what are you hearing from the white house? >> reporter: don, yet another situation where donald trump has made an extraordinarily anti-democratic statement and many prominent republicans stayed largely silent. well, the white house is calling on these republicans not only to break their silence but saying that they have an explicit responsibility to uphold the constitution. white house spokesman angela bate saying in a state asks congress members to uphold their oath of office and uphold the sc constitution should not be a heavy lift and they need to do it immediately instead of refusing to angst basic question. republicans certainly not taking cues from the white house on this issue but it's notable the white house is choosing to weigh in in this matter. as you know, the president did make a decision to

sanjay gupta is joining us now. we know the mental toll on, you know, everybody, but especially teenagers and those younger. it was brutal but this is one of the first studies to look at the physical changes in the brain that all this stress and anxiety brought. >> yeah, no question and i can just tell you, ana, from personal experience i have three teenagers, three teenage girls at home. so when you say brutal, i mean, you know, kids who weren't getting their normal social development by spending time with friends and, you know, largely at home, it was hard and we saw a lot of those numbers in terms of anxiety and depression and called internalizing symptoms, loneliness, as you point out, it is the first study to look at the brains of these adolescents as well. quick brackdrop. this was ongoing before the pandemic. they were looking at adolescent brains before the pandemic scanning these kids every couple years when the pandemic happened they continued the study. so now they have scans before the pandemic and then

sanjay gupta has the details on this one. stay right there. i remember you saying, "i won't forget the life jackets." -who talks like that? -you, apparently. can we just -- can we watch the replay? i would love it. this "what really happened" replay is brought to you by progressive. one thing no one wld challenge -- protecng your home and auto with progressive. -wow, that is embarrassing. -yea a little bit. bye, bye cough. later chest congestion. hello 12 hours of relief. 12 hours!! not coughing? hashtag still not coughing?! mucinex dm gives you 12 hours of relief from chest congestion and any type of cough, day or night. mucinex dm. it's comeback season. hi, my name is tony cooper. and if you have both medicare and medicaid, i have some really encouraging news that you'll definitely want to hear. depending on the plan you choose, you may be eligible to get extra benefits with a humana medicare advantage dual-eligible special needs plan. all of these plans include a healthy options allowance. depending on the plans available in your area, you

i am ritika gupta. the lowest transaction fees and keep more of what you make. with a partner that always puts you first. godaddy. tools and support for every small business first. >> the tools we use to recover from disruption, clearly, we need to double down on the already existing plans to upgrade systems for extreme circumstances so that we never again face what is happening right now. we are focused on safely getting all the pieces back into position to end this rolling struggle. kailey: bob jordan, southwest airlines ceo speaking as the airline continues to struggle with the aftermath of that chaotic winter holiday period over the weekend. we saw significant weather delays and cancellations, but southwest the worst. the stock struggling this morning, down 8/10 of 1% after a 6% decline yesterday. for the equity market, is positive in the futures session. the s&p 500 up 3/10 of 1% to 386 6 and the 10 year yield moving lower. may be assisting risk sentiment. the 10 year down to the 380 level. crude i

i am ritika gupta.in specialists told officials -- they didn't say why russia is beginning to stumble in their war against ukraine. the u.k. government planning for military strikes -- preparing for strikes. the workers are demanding with pay hikes to keep up with inflation. it is the biggest wave in industrial strike since the wave of the 1980's. global news, 24 hours a day, on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. i am ritika gupta. this is bloomberg. alix: francisco blanch bank of america was -- bank of america head of global commodities. what is your level of confidence we are going to get a fool china reopening and what does that mean for the oil market? francisco: our level of confidence was higher last month. it is the loom -- it is a little lower now. it looks like -- great is not as high in china. there is concern reopening may trigger potential hospital -- as well as care and those issues could be eventually delaying the

we will see you more through the week, kriti gupta sweeping in from new york.tory as the reopening in china, it will be jagged, the hang seng is up over 8% at this juncture. mike wilson has delivered there. raised to overweight, and they have been equal weight since january 2021. it's been out for a little while, but that is what you call a monster move, isn't it? dani: the interesting part is the other side of this trade, which is -- this does relate to the china story somewhat, because if china comes back, there is more demand for oil, commodities move higher. that enforces inflation, so in a roundabout way, can you really by u.s. equities and follow this treasury rally in a scenario where china is back and has demand? manus: and it is all about the oil and commodity restock. you see that in iron ore, which is up 4.4% on the commodity page. the yuan strength, the high betas responding to the reaction function, and the aussie dollar is also prevalent on that board. it is about a belief that it will reopen, but it will not be a one-way trade. dani: not a one-wa

we are also joined by wisdomtree director of research aneeka gupta. thank you for joining us, as we look into 20.3 and beyond, are you confident china's reopening will be consistent, and this is the path forward? aneeka: very good morning to you. it's really not a question for us and for global markets, because china is that very important pillar of support for global economic growth. clearly, we've been vouching for that right across 2022 and it inevitably happened. these widespread protests we have seen the past few weeks are now clearly resulting in a change, or pivot, in covid zero policy. it seems to be moving in the right direction. today's trade data clearly points in that direction. you are seeing an important support factor for the chinese growth now beginning to falter as the rest of the world starts to see these rolling rates recession seep in. china knows if it needs to rejuvenate growth, it will have to happen from within. so, we will see more policy support coming for the property sector which constitutes 30% of gdp. we will also start s

kriti gupta is tracking that for us.take a look at but the stock market is doing, third day of gains, up half of 1%. i wouldn't call it a massive move. 2% gains in the session highs yesterday after the cpi report. muted volatility might be a good thing going into the federal reserve but remember it's different from past meetings because traditionally you see more of a risk off move ahead of the fed decision. more optimism on light volume, it is december after all. two year yield bonds catching a bit on the basis points for the 10 year yield that isn't doing a ton. i think the question here is what it for the dollar because as yields come down it feels like that's what it means. let's zoom out to talk about what it has been doing in the last year. one of the big stories is simply what creates a bear market case for the dollar and a lot of it does come from when the policy expectations are stalled and since they have been in the fed swaps, you see this weakening that will be crucial when we talk about what is priced in for

sanjay gupta, thank you. >>> it is an unpredictable year for twitter. what's next for the company? years of the share the love event, subaru and our retailers have donated over two hundred and fifty million dollars to charity. in fact, subaru is the larst corporate donor to the aspca... ...and the natnal park foundation. and the largest automotive donor to meals on wheels... ...and make-a-wish. get a new subaru during the share the love event and subaru and our retailers will donate three hundred dollars to charity. it's the subway series menu. 12 irresistible subs. the most epic sandwich roster ever created. ♪ it's subway's biggest refresh yet! this cough. [sfx: coughs] this'll help. vicks vaporub? vicks vaporub's ...medicated vapors go straight to the source of your cough... ...so you can relieve your cough to breathe easier. vicks vaporub. fast-acting cough relief. ♪ entresto is the #1 heart failure brand prescribed by cardiologists. it was proven superior at helping people stay alive and out of the hospital. don't take entresto if pregnant; it can cause harm or death to an unbo

. ♪ >> i'm ritika gupta. traders at goldman sachs are in for an unpleasant surprise.y posted their biggest revenue hall in more than a decade. the compensation pool will be slashed by a double-digit percentage. managers are trying to limit costs after losses in the consumer unit. apple will make fewer iphone units this year than earlier forecast. they slashed their estimates after manufacturing disruptions at the main manufacturing plant in china. you also authorities have stepped up their investigation into -- u.s. authorities have stepped up their investigation into ftx. most of them, sam bankman-fried and the former head of his alameda research investment form caroline ellison -- firm caroline ellison. alix: one of the big things that happened in my world over the last couple weeks is that harold hamm has finally taken continentals private. that is one of the pioneers of shale drilling. he has been pretty unhappy with restrictions and analysts' comments and he owned a bunch of the stop. he was now able to take it private. i got the chance to talk to him yesterday a

kriti gupta giving us the latest on all things musk. let's look at some key things we're going to be watching out for the rest of today. 1:30 p.m. u.k. time, we have u.s. initial jobless claims. this is a market that is very jittery, vulnerable to any movement, that will be closely watched. in the ecb's villaroy will be speaking at the toulouse school of economics. also today, some 2000 london bus drivers are due to strike, the latest stoppages that have hobbled public transportation in the u.k. later we will have results from costco, and chipmaker broadcom, important for the retail and chipmaking sector. this is bloomberg. ♪ the only smart bed in the world that actively cools, warms and effortlessly responds to both of you. our smart sleepers get 28 minutes more restful sleep per night. proven quality sleep. only from sleep number. dani: more incremental news when it comes to covid zero easing, a line breaking that shanghai will be scrapping covid test requirements for dining services. this comes off the back of reports that hong kong

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i'm ritika gupta. this is bloomberg. alix: thank you so much.et more on the deepening ties between saudi arabia and china. we are joined by an advisory board member for saudi arabia's neon project, a city under construction in northwest saudi arabia that aims to become a new global tourism hotspot. what is the biggest significance of this china saudi arabia meet? >> it's a culmination of a five-year buildup in a strategic relationship. a very important strategic relationship. this is the cherry on the cake, this sort of solidifies and formalizes what has become an what was signed today as a comprehensive strategic agreement between saudi arabia and china. as you said in your newscast china is the largest customer of saudi oil, hence a very important counterparty for saudi arabia. it's a major investor in saudi arabia. and the kingdom now is pursuing a more multi -- foreign policy where it wants to build strategic relationships with major powers in addition to the united states like china and india, more with europe, france and england and even r

vin gupta, thank you very much.ext we'll go live to kyiv where hours ago the city awoke to more of the iranian-built drone attacks. you're watching "jose diaz balart reports." cks. you're watching "jose diaz balart reports." with prevnar 20®. a pfizer vaccine! so am i. because i'm at risk for pneumococcal pneumonia. i'm asking about prevnar 20® because there's a chance pneumococcal pneumonia could put me in the hospital. if you're 19 or older, with certain chronic conditions like copd, asthma, diabetes, or heart disease or are 65 or older, you may be at increased risk for pneumococcal pneumonia. prevnar 20® is approved in adults to help prevent infections from 20 strains of the bacteria that cause pneumococcal pneumonia. in just one dose. don't get prevnar 20® if you've had a severe allergic reaction to the vaccine or its ingredients. adults with weakened immune systems may have a lower response to the vaccine. the most common side effects were pain and swelling at the injection site, muscle pain, fatigue, headache,

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i am with kriti gupta who is excited about our final segment, the world cup final this weekend with argentinaing france. joining us is simone foxman, who has been covering in extensive detail and doing an incredible job. i would imagine the excitement is gathering as we ready -- get ready for the weekend. simone: there are a lot of argentine fans here. are way more people and qatar than there normally are. there have been hundreds of thousands more people in the country than there typically are and they were out and about, on the streets, wearing their team gear. it was very exciting. kriti: $300 billion in marketing costs when it comes to this world cup this time around. talk about the role of having the world cup be in qatar and what has made for the rest of the world. simone: when you think about it from qatar's perspective, they spent the money not just to throw a massive sporting event but to develop their country and build a metro system that didn't exist and build a new city, to expand the airport dramatically. by those standards, it showed to the world they can do this. they very much

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i'm ritika gupta, this is bloomberg.oline: let's get a quick check of the news markets. maybe once again it's the bond market that leaves the equity market. yields being pushed up across the twos and the tens paid only two or three basis points across the curve. nevertheless it when we see yields rise it feels like the wind and receive the stocks just erase some of their earnings losses. the s&p 500 down by 2/10 of a percent. this is bloomberg. ♪ >> we welcome you back across tv and radio. it is a simulcast. caroline hyde and paul sweeney for your digestion or indigestion. whether you celebrate the holidays in whatever form. once again a market that's nervous in anticipation of this week. paul: we have a little bit of a selloff in the market about 2/10 of 1% on the s&p. the vibes are very light, a 20 to 30% low recent averages. what you'd expect in a holiday issue way. >> some of the economic data earlier. some of the data coming in stronger-than-expected. not so many are looking at the housing market once again weaker a

sanjay gupta joins us now. help us understand how this happened.n for somebody who is only 49 years old? >> it's not common at all, really at any age. but if it is it happens in people over 65 more commonly. it's rare but unfortunately catastrophic when it happens. it was not -- there was no way he probably knew that this was happening. he may have had this for some time, was having these symptoms of cough and thought he had bronchitis. let me show you what was actually going on now based on what celine was describing. the heart and the thing in the middle is the aorta. on the left is normal. on the right you can see it's sort of ballooned out as it comes out of the heart. that's the first part of the aorta. when it balloons out like that, jake, it can become very weak. this is the biggest blood vessel in the body, becomes weak it can rupture, meaning there's bleeding in the chest cavity and that's what likely happened to him, it sounds like, from what she was describing. again, rare, in 2019, there was around 9,900 people who died from this. mostl

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vin gupta, a critical care pulmonologist in seattle.the university of washington's health institute for health metrics and evaluation. thanks so much for coming on the show tonight. let start with his newest subvariant. what do we need to know about that one? >> mehdi, good evening, happy early new year. what the public needs to know is that this new variant x b b dot one dot five, for those who want the actual digits, it is arguably the most contagious version of this virus that we faced, mehdi, in the last four years. what does that mean? it means that if you are exposed to it is very sticky. it can enter in your nose cells, and your throat cells, and all the way down to the lungs, more easily than any other variants. vaccines -- let's be -- clear as chair -- i think i actually have a picture i would love to show of the respiratory tract that your team has. the human respiratory -- tract this is why vaccinations so matter. these vaccines that we have still produce antibodies and other immune cells, mehdi it, in our. lungs they prevent

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gupta, thanks so much. alarming to hear.ing about this to see how we can help parents handle. >> you got it. thank you. >>> still ahead, something good to talk about. a win for team usa ahead of saturday's big match against the netherlands. star player christian pulisic who scored that goal you're seeing there, despite really getting hurt as he did it, he's on track to play. that's good news. up next, we're going to be joined by the men's team, on what the team has to do tomorrow. can they pull it off? we'll find out. find your beat your moment of calm find your potential then o it with a potent blend of nutrients and emerge your best every day with emergen-c dad and i finally had that talk. no, not that talk. about what the future looks like. for me. i may have trouble getting around, but i want to live in my home where i'm comfortable and my friends are nearby. i can do it with the help of a barber, personal shopper and exercise buddy. someone who can help me live right at home. life's good. when you have a plan. ♪ ♪ annou

vin gupta.ning happy holidays thanks for being with us let's start with covid we have talked about this a few times in recent weeks. those numbers really starting to climb, a lot of public health officials say because of so many family gatherings around the holidays and the terribly cold winter weather keeping people indoors, probably going to have a major spike in the next couple weeks into january what are you seeing so far >> jonathan, happy holidays, great to be here just exactly that. we are gearing up for a winter surge that's not going to look as bad as 2020, 2021 that's the expectation remember, jonathan, everybody is testing at home, they're not reporting those numbers. so the estimated infection rate is going to be much higher than what we're actually seeing in terms of a report in numbers in media. we're estimating infections to peak at 1. 6 million it's forecast 6,000 to 8,000 deaths week over week. so the worst is yet to come for covid, we think. that's going to be the second half o

matt: i am matt miller, in for kriti gupta today.e are trading at session lows on the s&p right now. you can cs down at 4006 right now. the u.s. 10-year yield up more than 10 basis points right now, at 3.5883. we are seeing a little more strength in the dollar. those two are headwinds for risk assets. as they move higher, if they increase from your, expect to see more pain in equities. almost 3% down for crude. a drop in crude, even as, at least this morning, we were looking at more openings in china. it should have been risk on, and it looks like it is going the other direction. jon: let's take a deeper look at some individual movers. you are right that the general tone at this hour has been largely negative most sectors impacted by that. there are some other reality checks. within the retail sector weakness today from viad corp as they once again are warning about their outlook in the ceo is announcing his retirement. the other issue out there is valuations. you have deutsche bank with cautious comments today on starbucks because o

vin gupta. let's talk about the number one thing that is related to these viruses and the concerns that you have as we head into the holidays. >> vicky, good afternoon. great to see you. biggest concern right now is that we have tools that are just not being widely adopted by the american public. we're not seeing masking widely deployed, especially in places where children's hospitals are overwhelmed. flu vaccines for all the parents out there. flu vaccines work. there are a lot of co-benefits for your children. if you get a flu shot, it actually -- your child gets a flu shot, it helps them fight off other infections like strep throat, which is going around. we're not seeing that -- those tools adopted at scale here, which is a big problem. and of course, we're seeing supply chain limitations on things like fever reducers, tylenol, ibuprofen. >> it can be hard to tell these viruses apart, even if you're not a medical doctor. you can get testing, but what should you know about how to behave? shou

vin gupta, a critical care pulmonologist in seattle.th faculty of the university of washington institute for healt metrics. vin, always good to see you, unfortunately it is never with good news. right now, a lot of healthy people ar vaccinated. they have gone through two, plus years of covid, and they are kind o over taking precautions. the are saying i'm not masking, i' not sitting home, i am livin my life. what do all of thos people need to know headin into next week >> it is always great to see you, good evening. what i woul say to those individuals tha you are protected from somebod like me, especially if you are overall a healthy individual you could be contagious, you could have an infection with the virus, especially during the holidays, new years eve, the celebrations, you coul expose somebody who might be medically higher risk, and might not be as well protected and lastly, i will just sa that we should be moving as medical system away from wha if when we get a diagnosis t what now? it is how do w prepare rather than react. s t

was the end of the post cold war era, the end of the era of the unit bowl a moment in which the wes gupta demand that this is the way the world has to be ordered and everybody have to jump to it. and russia, shafter that equations. and by doing that, and by which standing everything that the west nato, the united states, through the mother of all sanctions, that they both the, all of the weapon systems they sent into ukraine. by doing that, russia essentially shattered that, that moment. and, and the rest of the world is looked on and i think, but it's going to be very, very difficult for the west to recover from that and to some, to restore the, the money that he had been boasting of the 1989 and we are most famous at the end of history essay. well, mac same basically the same questionnaire. i mean, we, we had, with george bush senior talk about a new world order, which has been widely discussed. but i think in this year we do have a new world order. it's maybe not very neat and clean and smooth, but something is emerging. and i agree with george. we're leaving something in the past. max

vikas gupta, only science capital ceo. markets are just opening up.traight day but not as bad as yesterday but we are still looking at one point 5% declines in the market. slightly weaker currency, just below the 83 handle against the u.s. dollar. haslinda: well, we are almost at the end of another manic week here on the markets. so it's time to talk about what else? football. qatar's 300 billion dollar world cup is headed for an epic finals match this sunday. argentina versus france. will take you to. know her for a preview next. stick with us. if your business kept on employees through the pandemic, getrefunds.com can see if it may qualify for a payroll tax refund of up to $26,000 per employee. all it takes is eight minutes to get started. then work with professionals to assist your business with its forms and submit the application. go to getrefunds.com to learn more. haslinda: well, would you believe it? qatar's 300 billion dollars world cup is headed in epic finale this sunday for a showdown between argentina and france. bloomberg's manus cranny

. ♪ ritika gupta you are looking at the principal room. coming up, lisa shalett. at 8:00 p.m.. here is the first word, consumer price index rose more than forecasted. the ppi rose .3%, and the market was up 7.4% from last year. vladimir putin says russia may cut its oil production after the g7 cap. he says a decision will be made in several days. russia will not sell oil to any country that sticks to those restrictions. a democratic led senate has gotten a jewel. kyrsten sinema registered as an independent and that comes days after democrats had one a clean lead in the senate. it could complicate the party's agenda. global news 24 hours a day, on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. sonali: in today's etf friday, the etf market is on the brink of setting another record for the most lunch as ever and one year. joining us now is etf iq katie as well. there are openings but there are also closings, was going away and cut what's coming in? katie: 422 etf's came into the market this year. it is curious that y

i am ritika gupta. this is bloomberg.ay on oil because it is snapping five days of losses. xi jinping saying his country will expand a trade -- and oil trade with saudi rep -- with saudi arabia. more on what this means for global oil markets. we are joined by will kennedy. you look at all this news from china, russia and saudi arabia. will: if we start with saudi arabia, clearly it has been set by the chinese president's visit to react. many will draw a contrast between this visit and joe biden's visit where he went to saudi arabia and did not get as much oil as he wanted. it is a hugely important relationship with a vision from engine market perspective, because saudi arabia is the biggest exporter of crude and china the biggest importer. the assumption is demand that relationship and have upgraded it. it is an example of how important the relationship is to the mobil oil market. guy: let's talk about what we heard from vladimir putin. he announced he will make an announcement next week. russia's reaction to the oil cap

i am at ritika gupta. this is bloomberg. alix: let's get more on the georgia results.joined by joe mathieu in atlanta. joe, when did you learn it down there? what did people vote on? how do they feel today? joe: those are big questions, but we ended the night looking at the northern suburbs of atlanta. we knew that the suburban vote would make the decision, knowing that herschel walker had rural areas locked up and they showed up for him and that rafael warnock had downtown atlanta locked up. the suburbs shows us rafael warnock. this is the old ebenezer baptist church in atlanta, the starting point for raphael warnock and where he has been pastor since 2005, following martin luther king jr.. that's is where the organizing began stacey abrams took the ball from there, creating a ground game and a network that warnock used to win what is now the fifth time if you included general elections, runoffs and the initial primary. he won in record turnout and a record vote yesterday. guy: georgia is now firmly purple. what can i take away from the vote we have just seen and take