the johns hopkins bloomberg school of public health is supported by michael bloomberg, the founder ofand bloomberg philanthropies, owner of this broadcast station. for a while, we were seeing a little bit of a recovery, and now we are seeing markets head to new lows. the s&p off by 87 points. the dow jones industrial average down more than 900 points. 33,785. the 10-year yield down to 1.1805. these are levels we have not seen, in terms of the s&p and 10-year yield, since february. it really is a risk off day. this is bloomberg. ♪ . . and there you have it - wireless on the fastest, most reliable network. wow! big deal! we get unlimited for just $30 bucks. i get that too and mine has 5g included. impressive. impressive is saving four hundred bucks a year. four bucks? that's tough to beat. relax people, my wireless is crushing it. okay, that's because you all have xfinity mobile. it's wireless so good, it keeps one upping itself. (announcer) the core is key to losing weight, getting back in shape, and feeling good. introducing the aero trainer, designed to strengthen your core, flatten

jonathan: sure sharfstein, bloomberg school -- joshua sharfstein johns hopkins bloomberg school of publicomplete service sector recovery will require -- they don't want to say " we have therefore lowered our 2021 second half consumption growth forecast, resulting in one percentage point downgrade to our gdp growth forecast for q3 and q4. on the outlook for trend growth in america, 2% by the second half of 2022." tom: eight weeks ago he alluded to this but they are chiseling it in marble. 2022, sub-2% numbers. i want to put it in the goldman sachs language -- office attendance remains at just one third of the pre-pandemic level in major cities. it is a complex note leading to a reduced gdp outcome. jonathan: this is about delaying the full service sector recovery, leading to a sharper deceleration. what we are about to see play out in the coming quarters -- tom: how do you fund this growth in deficit with growth under 2%? jonathan: yields will stay exactly where they are at. if these forecasts build up and move in the wrong direction, yields spike higher from here. lisa: the return to scho

we are thrilled to bring in our guest from johns hopkins bloomberg school of public health. mr. g leader and owner of this radio and tv operation. you were at harvard medical. you were at boston university hospital. you studied -- there was no social media. how did guys like you and your profession adapt to virology and microbiology in the time of social media? >> we are seeing how challenging it is. the misinformation that is out there, the fact that people are hearing again and again and again things that are thought -- that are flatly untrue about the virus. it shows how important it is. we do not have that partisan divide on penicillin. we have it on the covid vaccine in the middle of a pandemic. they are not all the same. there are a couple of different ways of looking at them. there are still people who are open to getting vaccinated. they want it to be convenient. i have met them. i see people who say, this is so easy because i can walk down from my house. that is great. that is why we are doing this big outreach campaign. other people you have to spend time with. i've bee

the john hopkins bloomberg school of public health. she co authored the research on a tax on medics and me and my published by physicians for human rights joint us now on skype from baltimore. good to have you with us. so let's start with a basic question here. do we know who is behind these attacks? who is targeting and attacking metrics in the in law. we do know who is predominantly behind these attacks and these are security forces affiliated with the military and the state administration council or the as a see why are they targeting medics? well, it started because medics were one of the 1st civil society groups community groups to stand up against the coo in protest that the qu, they galvanized the civil disobedience movement and really let the charge on, you know, against the military through cdm and for that they have been deemed enemies of the state and incite inciting, fomenting defense against the military. and that's why they are now under attack. what kind of implications does that have on the health situation, especially

research program coordinator with the center for public health and human rights at the johns hopkins bloomberg school, the public health. she joins us now on skype, from baltimore, maryland, san ramon, welcome throughout his era. give us a sense of what the medical slash cove it picture is in me in law right now. thanks for having me peter. the medical picture is very bleak. currently there is a lot of panic within society. and while the military junta is accusing a lot of civilians for hoarding oxygen and met shortage and inciting, more panic, we have to come to terms with the fact that this panic in this environment was sold by the military. and if you have a ramification of the mistrust that they established over the last few months since the qu, other, any supplies, as you're talking to us, we're watching people unloading canisters of oxygen. are there any supplies getting into the country? and if there are, can the people feel that they can trust the people they're going to to get those supplies of oxygen? because if you're breaking the curfew and risking the rest because you don't want to suffo

anna: that was the vice dean of the johns hopkins bloomberg school of health giving his perspective and-- i'm sorry, the u.s. vaccine rollout. i should say the johns hopkins bloomberg school of health which as the name suggests is supported by bloomberg. we will get back to the markets conversations next keeping an eye on lines coming through from the financial stability report from the bank of england. this is bloomberg. ♪♪ anna: welcome back to the european market open. 40 units into our trading session. a mixed picture. the ftse 100 moving up 0.3%. the dax and cac fairly flat. i want to mention some of the lines coming through from the bank of england. a press conference taking place with the bank of england governors speaking out about the reports. we do have this press conference taking place. we don't have pictures but we can tell you some of the lines coming through. nothing new to add to what broke at 7:00 but governor bailey is saying u.k. economy is recovering but risks remain. we will keep an eye on those pages to see if anything new emerges. let's get a bloomberg business fl

caroline: the johns hopkins bloomberg school of public health is supported by michael r. rg philanthropies. china is cracking down on big tech and public companies. dede -- didi made its ipo last week. that led chinese -- china to ban users from signing up on the app. you have been following this sense the ipo went up and came crashing back down. what is the future of big tech in china? what does it mean if you are gathering data, but you want to be a global business? >> i feel like tech is facing scrutiny everywhere. china is also talking about it right now. china's big tech means they have a lot of monopoly in the country. this is exactly what it fears is that big tech has potentially too much power if it threatens the government itself. what didi has is the data of potentially secured locations that china does not want to disclose. that became an issue. since crackdown for didi, we have seen several ipos from china, ones that are listing in the u.s. have not gone through. some of them traffic in the same data that didi does. the future for companies in china is looking

andrew pekosz with johns hopkins bloomberg school of public health . l.a.ry cautious tone. maybe we should have the vaccinated wear masks again. were you surprised by that news? andrew: i wasn't surprised. in baltimore, we have a location positivity rate, low testing rate, a good vaccination rate, so we don't have those kind of restrictions considered. los angeles is a very different story. the delta variant is moving quickly through unvaccinated populations, and even though the vaccine does provide protection against delta, it is always good to have more than one thing in place, particularly when the risk is getting higher. masks represent one extra thing that a vaccinated person can do to prevent infections in a situation where you might have a higher chance of being exposed to the virus. tom: i noticed the washington post with a round number, 47% totally vaccinated. what number do we need to see? andrew: it keeps getting higher and higher as we find variants that are easily transmitted. we were using the 70% number early in the campaign, before the alpha

paul: bring in doctor murray, professor of policy at the johns hopkins bloomberg school of public health fox news medical contributor. good to see you again. with cases and infections rising parts of the country and even hospitalizations in some states, how worried should we be? remark for those who are not immune from i think is a big concern right now. we are seeing two entirely different things in the u.s. right now, outbreaks localized in areas of low vaccination rates and entirely separate from that we are seeing breakthrough infections among those who are vaccinated we should not like the to and people who are vaccinated should not be concerned about risk to their own health. right now most cases, almost 50% of new cases are coming from certain regions country with low vaccination rates, florida, texas alabama, louisiana, most of the rest of the country is pretty well protected if you have a minute, you should feel good about that right now. paul: when you take breakthrough infections, i think you mean infections among people who have been vaccinated. we have some reports a number

emily: that was the vice dean for public health practice at johns hopkins bloomberg school of publiclth. as covid cases surge in the u.s., health officials are monitoring reports of a rare immune system disorder and some people receive the johnson & johnson vaccine. more on this big potential setback. true, it certainly sounds scary. what do we know. drew: we know there has been about 100 reports or so on this immune system side effect, guillain-barre syndrome. right now, 95 people i believe hospitalized. there has been one death associated with the condition. the bigger issue here i think is that johnson & johnson vaccine has had a handful of these safety setbacks. the stroke risk, now this. they have had some manufacturing issues. none of this is great for a vaccine that has kind of been the third-place vaccine already. only about 12.5 million doses administered, about a 10th of what pfizer and moderna have had done. it is a continued challenge for the shot. in particular, u.s. and health officials had hoped to use this to reach some harder to reach populations. emily: what are the

the johns hopkins bloomberg school of public health is supported by michael r.omberg, founder of bloomberg lp and bloomberg philanthropies. this is bloomberg. ♪ matt: this is bloomberg markets. i'm matt miller. now to something that caught my eye. the price of nickel rising for a third straight session, approaching a seven-year high on booming demand for the metal used in stainless steel and electric vehicle batteries. you can see metal outperforming on the bloomberg commodity index. i also like to use the command to look at the entire commodities universe. you'll see any metals having to do with batteries have done very well as carmakers invest tens of billions of dollars into producing more electric vehicles. our next guest is shane smith, chief operating officer of microvast, which just made its debut on the nasdaq. thanks for joining us. let's talk about what you do at microvast. you make batteries. this is exciting because we are figuring out ways to put more power in smaller packages all the time, but you produce batteries mainly for commercial vehicles, l

chris is professor of epidemiology at johns hopkins bloomberg school of public health and president of the international aides society. maureen is associate director for aids research at the national institutes of health and director of the n.i.h. office of aids research. we have coming in remotely adeeba kamarulzaman, president of the international aids society. welcome, adeeba. she's a former dean of the faculty of medicine and is a professor of medicine and infectious diseases at the university of malaya in kuala lumpur. thank you, adeeba. delighted to have you here today. adeeba: thank you for having me. stephen: we will come in with some questions and we're delighted to welcome them. special thanks to our colleagues at the global health policy center, particularly mckenzie, noel, who has come to help us today. special thanks to our csis production team, graham, emma, mary, denish, and we're delighted that c-span can join us today to broadcast this event. we have only one hour. a lot of ground to cover. we-- i will offer a few additional remarks on this moment that we find ourselve

amber d'souza, the johns hopkins bloomberg school of public health professor of epidemiology.handle for the first time since october 2018. here is the price action on crude. up a little more by 2% on crude. we advanced one dollar 50 to 74.98, and we did break the line in the sand briefly, 75, for the first time since 2018. tom: wti close to the 76 level. that's one indication of inflation. i'm watching dxy at the same time for a dollar break out. we have had that in the last when he for hours. maybe we get it again with the x 92.44. jon: this is after a move in 2021. lisa: it comes on the heels of news that saudi arabia and russia reached a deal on production. let's apply to potentially be brought back online. jon: usually that follows my something important. tom: we need to inform mr. farrow the availability of the 1776 active pvr. you get the link into 1776? jon: thank you, tom. lovely. ♪ ly. ♪ >> as this global recovery is unfolding, investors need to think more global in their portfolios. >> there is more momentum that is good to spread out. >> you may start to see some de

stoddard and public health practice at the johns hopkins bloomberg school of health. >> let me startith what we heard just this week from sean hannity, steve scalise and the highest ranking house republican finally got his shot after seven months. so why the sudden change? >> well, andrea, i think it's a couple of things. first of all, i think there's just extraordinary concern about how contagious the delta variant is. we are seeing it right now as the white house puts it. it's a pandemic of the unvaccinated and where are those pockets of unvaccinated americans largely? red states, southern states, largely republican states and these are certainly elected officials and tv commentators saying, look, hey, you're our audience or constituents. we need you to get these shots to be okay and steve scalise is someone who has underlying health issues and he was shot a few years ago in a baseball field and it's somewhat surprising that it took him this long to get it. there was a photograph of him getting the injection far from donald trump who got the vaccination early this year, but behind

chris is a professor of epidemiology at the johns hopkins bloomberg school of public health, and he is a prior president of the international aids society from 2014 to 2016. maureen is associate director for aids research at the national institute of health and director of the nih office of aids research. coming in remotely, president of the international aid society, welcome. she is a former -- of medicine enters is a professor of medicine and infectious diseases at the university of malaysia. we are delighted you could be with us today. >> thank you for having me. >> this is a hybrid event. have several experts in the office, we will -- audience, we will be calling on them to come in with some questions. we are delighted to welcome them. special thanks to our colleagues at the global health policy center, particularly, mckenzie, michael, noel has come to help us today. special thanks to our csis production team. we are delighted that c-span could join us today to broadcast this event. we have one hour, a lot of ground to cover. i will offer a few additional remarks on this moment we

joshua sharfstein is the vice dean at the johns hopkins bloomberg school of public health.er of this network and bloomberg news. coming up, more bloomberg markets with myself and dani burger. we will be with you for a couple hours longer. this is bloomberg. ♪ in business, it's never just another day. it's the big sale, or the big presentation. the day where everything goes right. or the one where nothing does. with comcast business you get the network that can deliver gig speeds to the most businesses and advanced cybersecurity to protect every device on it— all backed by a dedicated team, 24/7. every day in business is a big day. we'll keep you ready for what's next. comcast business powering possibilities. (woman) i don't want to look like this anymore. (man) what is happening to my body? (woman) why can't i lose weight? (announcer) you may be suffering from insulin resistance. measure your waist. females measuring more than 35 inches and males measuring more than 40 inches may have insulin resistance. to learn how to reverse insulin resistance and lose weight effectively

johns hopkins university bloomberg school of public health professor and virologist.w you mean it, i cannot believe we are still here having the same conversations. tom: i will be honest, it will be an interesting weekend, there are serious issues on a micro basis, some of the kids are off at camp in new england and new york and i'm sure that is a nationwide story and stresses non-essential workers, but you brought to my attention the explosion of louisiana cases, i have to see how that folds over into hospitalizations. jonathan: they have almost doubled in a week and they are not pretty. and louisiana is the third lowest state with the lowest amount of vaccinations in america among states. it is not good enough. and i think at this point it is about, for the markets, because we need to have that conversation, how do consumers respond and how do cooperative corporations respond? do they delay the return to work. that will be interesting. tom: buried in the news flow, the national football league, the american football league said if your guys get covid, and you have t

an infectious disease epidemiologist with the hopkins bloomberg school of public health said wednesdayjor outbreaks can still occur. particularly in areas with low vaccination rights. that is from "usa today" about the fourth wave of the covid-19 cases. let's go back to our phone lines and talk to melinda calling from herford, arizona. good morning. caller: good morning. i live -- i can see mexico from my window i am so close to the border. now that you are speaking about covid, i know lots of border patrol agents and they are telling me as many as 70% of the people crossing the border are positive and we are just shipping them out to the rest of the country. that is part of the reason we are going to have a high covid infection rate. the border needs to be secured and biden and the democrats have an open border and they are not stopping anyone. i can also say i have in my possession many videos, current videos, of people hauling drugs. they are smaller packs, not the bigger packs they used for marijuana. so it must be fentanyl. they come in lines of people hauling drugs from the deser

andy pekosz, johns hopkins university hula bloomberg professor. -- university school of bloomberg professorin places like los angeles county, you are seeing a massive surge in cases driven by delta variant infection. it is being driven by infection of unvaccinated people. when you have a high level of community spread, even if you are vaccinated, it is a good idea to have one more layer of protection because the vaccines work, but not 100%. masking and vaccination will help you, especially in a condition where there is a high likelihood you will come into contact with other infected people. lisa: i got a message this morning saying that one of our listeners and his wife have curtailed their vacation because of the delta variant, they have changed their behavior. i don't know if this person is vaccinated, but i have talked to friends who are and they are curtailing their vacation schedule. is this what people should be doing? should they be less mobile even if they are vaccinated? andy: it really depends on where you are going. if you are moving to an area or going to an area where you know

we talk with senior research associate at johns hopkins school of public health. this is bloombergkailey: this is "bloomberg markets." i am kailey leinz. boris johnson today warning people to stay vigilant as he lifted remaining restrictions. >> this pandemic is not over. this disease, coronavirus, continues to carry risks for you and your family. we cannot simply revert instantly from monday the 19th of july as it was before covid. we will stick to our plan to lift legal restrictions and lift social distancing. kailey: that in the u.k. as covid-19 cases in the u.s. soared 47%. we are seeing rising cases in new york city tied to the delta variant. joining us is tolbert nyenswah from johns hopkins school of public health. when you look at the u.k., you could be seeing as many as 200 deaths per day once restrictions are lifted due to delta. seeing the numbers in the u.s., does it tell you we reopened to early? dr. nyenswah: thank you for having me. i heard the prime minister and leaders are cautiously optimistic of lifting the restrictions we have in place that have kept people safe.

the johns hopkins school of public health is supported by michael r. bloombergunder of bloomberg lp, the parent of this television program. i'm matt miller. this is bloomberg. ♪ so... i know you and george were struggling with the possibility of having to move. how's that going? well... we found a way to make bathing safer with a kohler walk-in bath. it has the lowest step-in of any bath. it has handrails, a wide door, and textured surfaces. so it gives you peace of mind. and you would love the heated backrest - and the whirlpool jets - and the bubblemassage. and, it was installed quickly and conveniently by a kohler-certified installer. a kohler- authorized dealer walked us through every step in the process and made us feel completely comfortable in our home. and, yes, it's affordable. looking good, george! we just want to spend as much time as possible, in our home and with our grandkids. they're going to be here any minute for our weekly spa day. ooh, that bubblemassage! have fun! stay in the home and life you've built for years to come. call 1-800-986-5068 t

bloomberg school of public health, we should mention that mr. bloomberg of course owner of this television and radio property has been philanthropic with his alma mater, johns hopkinsy. we are in the same tone here. you as the pro and meet as the clueless. that is the india delta variant seems to not be systemic but seems to be very narrow. the narrowness can be in america, the southwest or maybe los angeles it's worse. tell us about the specificity of the map and a variant. >> you have to remember that this variant is more contagious and our vaccines are highly effective against the variant and prior immunity is going to have some impact against the variant. you are going to see that portions of the population of the world that have low vaccination rates, that's where it delta is going to flare. in places where even the high risk people are vaccinated, you will see cases that they won't necessarily run into hospitalizations. in places where you have no vaccines and little prior immunity in the delta variant, that's a recipe for hospitals getting into problems again. there are places like springfield missouri where they've gotten into trouble because there's enough

johns hopkins school of public health professor joins us. this is bloombergng one of the worst ipo's of this year among non-us companies on news that china is mulling additional penalties for the ridehailing giant. joining us now for the latest is our asia tech executive editor, peter elstrom. peter, so how bad could the penalties be? peter: what we have heard from our sources is that this is going to be quite serious. they are looking at some unprecedented penalties for the company as they look at what to do about the companies decisions to proceed with this ipo despite some pushback from regulators includerspace administration. what we have heard is that the company could face a very high fine. perhaps the suspension of certain operations, or some stay investor that would come in and get involved in the company. another more extreme option would be a forced delisting of its shares in the u.s. and perhaps some sort of withdrawal. it's not clear how something that extreme would work in particular because they went public on a u.s. exchange so it is not your w