are talking up, we to della said president robert kaplan. the jury is out isn't -- the jury is out in the fourth quarter because of the virus. this is bloomberg. ♪ - i'm doug hirsch. you may already know that goodrx can help you save up to 80% on your prescriptions. unfortunately, many americans can't get to a doctor right now. the good news is that for many health issues, you can see a doctor online. it's easy. just go to goodrx.com, and with a few clicks, you'll be treated by a licensed medical professional, all from the comfort of your own home. visits are confidential and affordable. need a prescription? your doctor can send it to your pharmacy or have it mailed to you. get the healthcare you deserve at goodrx.com. ♪ to: the u.s. economy likely have a strong recovery from the pandemic and the second half of 2021. however, resurgence of covid-19 jeopardizing the next two quarters. that is according to federal reserve bank of dallas president robert kaplan. he spoke to bloomberg's mike mckee. my job is a little easier in some ways. my job

tom: robert kaplan, i look at the two quarter slowdown.y this word with a broader perspective. the history you have at harvard business school, which is our nation's productivity. what is your study of our nation's productivity through this pandemic and what do you see over the next two quarters? robert: it has been bifurcated by educational intimate -- attainment. if you have a college education or better, you very likely have figured out to work remotely and you're able to be surprisingly productive. if you've got a high school education or less, it's very likely you don't have an option to work remotely. it's just the nature of your job is person-to-person. you are more likely to have lost income, and you almost certainly have lost productivity. if you don't have access to wi-fi, which some areas of the country in at risk areas don't, your productivity is really, has really been hurt. groups and of two it's a real challenge we are going to have to work on to work our way out of this pandemic. tom: to work our way out of the pandemic wil

kaplan from his days at hps. what do you think of this?e: i was can is a congratulations and welcome to the 21st century. you have been on twitter and other lab forms, but this is a different kind. i think a lot of people think it's convenient because they do it from the comfort of their own home. this is the social capital. people seek other face-to-face and ashley networking. it will be in 52 see that. interesting to see that. the world economic forum is expected to be one of the places we meet in person. tom: also the imf and morocco canceled as well. has really -- in the united states and the past few days. christian keller from barclays is with us. how do you full this resurgence of the pandemic into your spreadsheets? essentially we are back to may, if not late april. that is not good. how does that adjuster outlook? -- adjust your outlook? you have to figure out what the policy response in the political response will be to it. we do see some differences between the u.s. and europe. once you become concerned about emergencies being f

we welcome now robert kaplan.sident kaplan, how bad might this be, what are the odds of dipping back into recession? irony is, over the will be a021 strong year with gdp growth at 3% or greater, but a lot of that will be the in the back half of the year. the challenges over the next six months. allre seeing resurgence over the country and we are seeing mobility engagement fall off in those places where the resurgence is threatening the health care capacity, hospital capacity. if that continues, and it looks like it is, you will see more and more cities fall off. example,s an wisconsin, utah, colorado. we are seeing that mobility engagement falling off, which means growth will slow. we will have to see what the fourth quarter looks like. it is possible we could have negative growth if this resurgence gets bad enough and mobility falls enough, where local officials, even if they don't want to, won't have a choice. the next couple of quarters will be challenging. the good news is, over the horizon, things will get be

kaplan for being with us. so as you can imagine, a lot of people say a plan to send about bowling 737 max. how safe is it not to fly? would you get on one? if you can't play them, can you awful history that rob told us about their i personally would get on one right now. i believe that this is at this point, the most scrutinized aircraft probably in the history of aviation, which is to take nothing away from the gravity of everything that's happened. but there are some basic changes this plate of the laws that would give me enough competent me something as simple as requiring the system to those 2 sensor failures, not just one. the chances of she was sensors failing at the same time before something happens just far less than the chances of just one sensor failing which were in can happen quite commonly. so yes, i would get on one, you know, well, you or anyone or really otherwise. and i'm glad that this plane has gotten the kind of scrutiny with skepticism that it's got from regulators around the world that t

for more we are so pleased to welcome to the broadcast the aforementioned arthur kaplan. he's a professor of bioethics. authored and edited dozens of books including a recent one relevant to this conversation, vaccination ethics and policy. we're also joined by dr. kavita patel, former senior aide during the obama administration. she's now a nonresident fellow at brookings. welcome to you both. arthur, talk first about your concerns about the emergency use authorization. is it based in a fear that these have been rushed to market at all? >> no, i'm not worried about rushing things, brian, because i think the data has been outstanding. i've seen a little bit of it, and the safety profile is good. and i'm pretty sure we'll get the approval for the emergency use. what i'm worried about is if you do an emergency use as opposed to another path of expanded access you basically don't get informed consent from the recipients. you just give it to them or kind of the sheet you get when you get a flu shot, you know that little information sheet. and you stop collecting data, there's

. >> in a few days time, celine kaplan will have left new york. she came from paris seemingly a lifetime ago. saying goodbye to the city is hard. celine: very, very. i'll be back, just now i have to go. but yeah, very difficult. i'm moving 30 years, like it's emotional. >> she came for love. then stayed to build a new life in the city of limitless possibilities, setting up a successful public relations company. celine: it's a great town, the energy was the energy was amazing, you could meet people from every different background on any day. you could be uptown, downtown, meet from an artist's gallery to a banker to whatever. you know the cross-fertilization of culture was really, really great. now she's packing her life into bags and boxes and heading back to paris. business has dried up, but the bills for rent and healthcare haven't stopped coming. what's more the city that enticed her seems to have vanished. celine: and if you have no restaurant, no theatre, no broadway, no opera, no gallery opening, like, go to the sea and enjoy nature. you kno

craig kaplan pointing out a line we will hear a lot more of. craig kaplan pointing out a line we will hear a lot more of. she's the first woman of color elected to the vice president's office, senator harris saying, while i may be the first woman in this office, i will not be the last. a tweet pointing out the history of the state. dayy is 48 years to the biden was elected to the u.s. senate. the headline, november 1972. this is from the president naomi, aranddaughter tweet of the family hug. you saw a lot of the family gathered on stage. greta? greta: the former two-term vice president and 36-year senate veteran joe biden will be the 46th president of the united states. here's looking at a live shot of black lives matter plaza in washington, d.c. crowds have gathered there. as soon as the announcement was that has justsee stepped away from the white house. crowds have gotten bigger in the nations capital and in other cities across the country. let's go to calls. morgan in tennessee, you voted for the president. did you listen to the president

kavita patel and arthur kaplan, thank you so much for sharing part of your friday night.hese are valuable answers for us as we approach this mythical day. >>> coming up, his grandfather laid out a blueprint what an orderly transition of presidential power should look like. harry truman's grandson standing by to talk with us. harry truman's grandson standing by to talk with us but how do we make sure the direction we're headed is forward? at fidelity, you'll get the planning and advice to prepare you for the future, without sacrificing the things that are important to you today. we'll help you plan for healthcare costs, taxes and any other uncertainties along the way. because with fidelity, you can feel confident that the only direction you're moving is forward. good morning, mr. sun. good morning, blair. [ chuckles ] whoo. i'm gonna grow big and strong. yes, you are. i'm gonna get this place all clean. i'll give you a hand. and i'm gonna put lisa on crutches! wait, what? said she's gonna need crutches. she fell pretty hard. you might want to clean that up, girl. excuse us

craig kaplan noting how democrats are holding their first postelection caucus call today to discuss announcer: we will leave this segment to go to live coverage of the u.s. house, holding a brief pro forma session this morning. no vote is expected. the speaker: the house will be in order. the prayer will be offered by the guest chaplain, monsignor j. rossetti, catholic university of america, washington, d.c. the chaplain: good and gracious god, we invoke the brilliant light of your son and cast out all spirits of darkness, discord, and division. may your holy angels of peace dwell in this place. may we be united in bonds of love and mutual respect across the aisle and across this nation. we make this prayer in your holy name, amen. the speaker: pursuant to section 4-a of house resolution 967, the journal of the last day's proceedings is approved. the chair will lead the house in the pledge of allegiance. i pledge allegiance to the flag of the united states of america and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. pursuant to secti

joining us, robert kaplan, a busy day for the gentleman from texas. i will be speaking to him at at the council for relations. we will get ahead of that in the 8:00 hour with mr. kaplan. stay with us. futures up 2. dell futures up a mere 195 points. this is bloomberg. good morning. ♪ tom: bloomberg surveillance. good morning, everyone. we welcome all of you worldwide. midmorning london, early morning of america, an america waking up to another resignation, this time at the department of justice, over a letter put out by the attorney general late last night. stephanie baker joins our senior writer and truly expert on these affairs. stephanie baker, richard pilger is out of nova dame, a 28 year distinguished bureaucrat -- out of notre dame, a 20 year -- in aished your cap, case of years ago. why did this guy resign? barr's move is, unprecedented, and it flies in the face of established justice department rules, which say that investigations are supposed to be conducted by the state and the doj does not get involved until after elections have been certif

the president of the dallas fed, robert kaplan, we will have a number of important interviews.ckee will do a smarter interview than me. he will do that for bloomberg. i will be joined by robert kaplan of the council on foreign relations for a longer, broader interview. stay with us through the day. midmorning with jonathan ferro, next. ♪ ♪ jonathan: from new york and london for our audience worldwide, good morning, good morning. "the countdown to the open" starts right now. s&p 500 futures negative but russell future still flying. we begin with the big issue. a rotation for the ages. >> boosted up. >> sector rotation as a result of this vaccine news. >> from defensive to cyclicals. >> more comfortable about the reopening trade. >> cyclical sectors bid more seriously. >> we have a perfect storm around some clarity. >> we are at the beginning of the move from growth to value. >> continued investment into some of these more value names. >> there'll be some internal rotation over the next couple of days. >> the vaccine news help spirit >> i expect some of these out performers to

opera kaplan says he is optimistic about u.s.he next two quarters things could be curtailed by covid-19's resurgence across much of the company -- the country. priorityhe highest about stimulus should be unemployment aid. >> we have a severe headwind we are dealing with. on the positive side, we have been rebuilding since may. even with resurgence of the virus, mobility and engagement is up substantially from april. even though resurgence is back, here is the issue. people can power through this until the local health care, the local hospitals are overwhelmed. that has happened in el paso. of happening in other cities in the country where people do not want a lockdown for the local governments do not have a choice to administer like towns because they are worried about the health care system. i do worry that is a significant health care risk if this resurgence keeps escalating. we are headed in the wrong direction. over the next two quarters, i am optimistic we are going to grow at very strong rates. a real downside over the next

and at noon, dallas fed's robert kaplan speaking with bloomberg representatives. at noon, one thomas keene will be asking him for an interest point -- for an entry point. yields rose to the highest levels yesterday since march 19. the question is, how much demand will there be for this debt at this moment, given how much uncertainty there is, given the sense that we don't have a sense of how high yields can go before reality steps in? touch on theore i markets, just to clear things up, michael mckee interviews kaplan before tom, correct? tom: got that right. jonathan: mike goes first, then tom keene. right? tom: i am just going to ask the same questions mike asks. [laughter] lisa: classic. jonathan: here's the price action this tuesday morning. mike mckee first, tom keene second. that's how it should be. going to play on that for the next couple of hours. that rotation continues, if you're looking in certain places. a huge theme yesterday with the white s&p 500. sarah ponczek telling us for the s&p 500 eagle week -- the s&p 500 equal weight, the biggest outperform

robert kaplan says for two quarters. does that mean disinflation that lags into 2021?: it means a cap on inflation. it is hard to say whether it will continue to get disinflation. i'm looking at the more detailed cpi breakdown. there are a couple of things that stand out. medicare, which is odd given the situation. when you look at gasoline prices down, we have seen a lot of volatility in energy costs. that is not likely to continue or to go much lower. we have gone up since then. we may see pressure on headline inflation. the other thing people have been watching closely is owners equivalent rent is up .2, an increase from prior months. people have been wondering about house prices starting to go down if everyone is going to the suburbs in cities and house prices going up in the suburbs. not really seeing a lot of change in the trend. tom: thank you so much on inflation and the claims data. much more on that through the day. lewis alexander joins us with numerous, chief u.s. -- with uera, their chief u.s. economist. are you looking at the next quarters or farther out?

we are hearing from robert kaplan, raphael bostic, esther george. how vociferously will they push back against the treasury's latest moves? i am also interested to see what we see out of the baker hughes u.s. rig counts. some of those barrels are getting close to the tops that we saw earlier this year, when we saw negative future prices. we are not back there yet, but they are seeing that much less demand as we are seeing the virus increase. today, president-elect joe biden will be meeting with nancy pelosi and chuck schumer, the first time democratic leadership has gotten together to talk about the plan, how to get some sort of fiscal support package biden'show to get cabinet passed. jonathan: january 20 feels like a long way away. lisa, thank you. we will start with the price action, then get the latest vexing news. on the s&p 500 -- latest vaccine news. on the s&p 500, not much going on. we will continue that debate on this program. year yield, 0.84%. $1.1873.ar, fazeli ofllie -- sam bloomberg intelligence joins us now. we've heard the first from

the prosecutor in this case, steve kaplan, rose and told the judge. >> your honor, the people rest. >d the defense response in this michigan courtroom just as predictably was to try to get the case thrown out. not enough evidence. the state hadn't met its burden, argued defense attorney carl marlinga, and asking the judge for what's called a directed verdict. >> when you just don't know, you have to -- you have to pull the plug. you have to say that's it. >> and then it got really strange. and you say, your honor, the state has not proved its case. we ask that you dismiss it right now and that it not go to the jury. it happens all of the time. >> right. >> and almost always you're rebuffed. >> that's right. and almost always you're rebuffed within about 10 to 15 seconds. intently for 20 minutes as michael george's defense lawyere argued that there was no way the prosecution had proved beyond ar reasonable doubt that the defendant was in the comic defendant was in the comic book shop with a gun in his hind. >> the trial judge is obligated to make a call to say whether or not there was

divisive because the changes would have disproportionately affected conservative users according to kaplan. mr. zuckerberg, you founded facebook, a company with a market capitalization of approximately $80 billion and you control the majority share of the company's voting stock. mr. zuckerberg, i'm wondering at what point you will stop giving in to baseless claims of anticonservative bias and start exercising your control over facebook to stop driving division and actually, to quote you, build community and bring the world closer together, end quote, as you claim as facebook's mission. a recent study found that president trump was the single biggest source of voting-related misinformation in the run-up to the presidential election. since the election, president trump has only continued the lies on twitter and facebook. also claiming that he won re-election and that the election is being stolen from him. but the truth is, joe biden won the election as major news network and is the associated press have confirmed. in response to president trump's lies, you have, at most, added a warning labe

described, and weekly meeting and the person really was running that meeting this guy named joel kaplan was ahead of the d.c. operation, the lobbying operation, and his dna was he was republican. a lot of people in the washington office felt that he felt his job was to carry water for the republicans. he had a a very close relationp with cheryl. used to date are in college. cheryl was fully back from tough time she had to recover from when her husband died, a terrible tragic situation. she was back then but i think things have shifted where people who took responsibly during that time including kaplan were pretty much operating with more authority and he won the argument that they should really think about the misinformation. he said that would be like tilting the playing field to help when candidate by removing misinformation. that was wrong. the idea is that plainfield was tilted by the misinformation and leveling it by taking it out. but he won the day and the rest is history. >> host: let's talk about the revelations post 2016, the cambridge political scandal. you could deep and tha

. >>> rebecca kaplan has won reelection to the oakland city council. she held onto her at-large seat by being derrick johnson by seven points. she became the first openly lesbian city councilmember when she one in 2008. incumbent dan calm, also won reelection to his district 1 feet and challenger carol five beat incumbent linette gibson michael haney in the district 3 race. >>> coming up, new details but a murder suicide on the peninsula. the love triangle that is pointed to as a motive. >>> up next, talk of layoffs and toll hikes for the golden gate bridge district. the financial trouble brought on by the pandemic. [ whispering ] what's this? oh, are we kicking karly out? we live with at&t. it was a lapse in judgment. at&t, we called this house meeting because you advertise gig-speed internet, but we can't sign up for that here. yeah, but i'm just like warming up to those speeds. you've lived here two years. the personal attacks aren't helping, karly. don't you have like a hot pilates class to get to or something? [ muffled scream ] stop living with a

craig kaplan pointing out a line we will hear a lot more of. she's the first woman of color elected to the vice president's office, senator harris saying, while i may be the first woman in this office, i will not be the last. a tweet pointing out the history of the state. dayy is 48 years to the biden was elected to the u.s. senate. the headline, november 1972. this is from the president naomi, aranddaughter tweet of the family hug. you saw a lot of the family gathered on stage. greta? greta: the former two-term vice president and 36-year senate veteran joe biden will be the 46th president of the united states. here's looking at a live shot of black lives matter plaza in washington, d.c. crowds have gathered there. as soon as the announcement was that has justsee stepped away from the white house. crowds have gotten bigger in the nations capital and in other cities across the country. let's go to calls. morgan in tennessee, you voted for the president. did you listen to the president elect? caller: i did. i listened to the president elect, and

a couple of tweets here -- craig kaplan says georgia republican senators both running in george's runofflections on january 5 introduced legislation in the senate yesterday to establish a bipartisan advisory committee to analyze the integrity and the administration of the 2020 general election for federal office. the bipartisan committee, in securing america's future elections, with the safe boats rules, policies, practices and activities regarding mail-in ballots, absentee ballots, and vote by mail procedures. the washington post this morning, sonny's -- senate readies confirmation judy expected to confirm sheldon to a seat on the central bank's board of governors, giving the president another chance to shape the long-term direction of one of the government's most powerful entities. in virginia beach, on our republican line, next is laura. go right ahead. hi, i have caller: to comment about the election. president donald trump was supposed to win. host: all right. joan -- excuse me, mark in fort lauderdale, florida. go ahead. caller: good morning. thanks for c-span. i would like to than

as mark kaplan who could not be with us today noted, total gun deaths are almost 40,000 a year, and 60% of those are suicides. it would seem to me this is a public health problem, if not an epidemic. these numbers are in the same oallpark of deaths related t automobile accidents and opioid use. a small percentage of these deaths involve a mass shooting incident, as defined by four or more dead. it is the senseless killings of others that causes society the greatest grief and outrage and mobilization. we need only mention the names columbine or sandy hook or parkland, and it evokes the worst images of fear we have around gun violence. what seems clear is we cannot depend on the rush of adrenaline, the indignation, the to carry uswe feel through the hard work of policy reform. in preparing for this event, the speakers wanted to make sure we included a discussion on mass casualty events, but we wanted to offer more of a broader view of the issues. what we are angling to do is to share some of the collective wisdom that exists on the stage and open it up to questions with you all. we are ve

craig kaplan noting how democrats are holding their first postelection caucus call today to discuss announcer:

sources are being stretched at the moment they say help will be given to those who need it most robert kaplan is the head of the philippines office all the international federation of the red cross now he explains the difficulties faced by evacuees and the added challenge of the coronavirus pandemic. they're going to go back to a situation that is dramatically different than the one they left just a day ago or earlier these areas that have been hit head on by the eye of the super typhoon gunny they were not too wealthy communities a lot of them are farmers landless laborers what we call in the philippines fisherfolk there are people who are already considered quite vulnerable and the typhoon will render them in need of a quite severe and dramatic support not just in the immediate days but over the coming weeks and months to help restore livelihoods and to make sure that there are physical social and economic well being is being looked after this is not the 1st typhoon even this month in fact it's the 4th so the people in affected communities are you know are tired they've been facing a lot an

and joe kaplan, former deputy chief of staff to george w. bush -- [audio difficulty] changes designed to make facebook's algorithm less divisive because of the changes that disproportionately affect -- [inaudible] according to kaplan. so, mr. zuckerberg, you founded facebook, a company with a market capitalization of approximately $80 billion, and you control majority share of the company's stock. mr. zuckerberg, i'm wondering at what point do you stop giving in to basic claims of anti-conservative bias and start emphasizing their control over facebook to stop driving division and -- [inaudible] as you say is the mission. my question is to both of you. a recent harvard study found that president trump was the single biggest source of voting misinformation in the runup to the presidential election. since the election president trump has only continued the lies on twitter and facebook, also claiming that he won reelection and that the election is being stolen from him. but the truth is joe biden won the election as major news networks and the

craig kaplan noting how democrats are holding their first postelection caucus call today to discuss the results in which they lost many seats to republicans as well as their agenda for the lame-duck session beginning november 16. nancy pelosi in a letter to democrats called this year's election "challenging." more from that letter from nancy pelosi to her caucus ahead of the leadership elections this is what she had to say to her team. "the american people made their choice clear at the ballot box and are sending joe biden and kamala harris to the white house. working with the democratic white house, we will have the opportunity to deliver extort neri progress. together we will continue to deliver on our successful for-the-people agenda, your paychecks by building green infrastructure and cleaner government. though it was a challenging election, all of our candidates, both frontline -- enabled democrats to hold the house and flip critical battleground states, building on margins across the board. our discipline in building a mess about a field proved essential in keeping the majority. d

the dallas fed president, robert kaplan, with david westin, balance. look for that at 12:30.utures deteriorate, -20. stay with us. this is bloomberg. ♪ >> the anti-vaccination movement has mobilized. it is growing, and it is dangerous, and we need to see governments and public figures working hard to defeat this movement. the vaccine science is good. it is safe. we need to take it one step at a time. if i think about president elect eitan coming in, his number one objective for him -- president-elect biden coming income his number one objective is to the public trust. that was richard horton speaking to me earlier, speaking about the anti-vaccine movement. vaccineazeneca-oxford provokes an immune response in the elderly. in the united states have topped 150,000. sam fazeli joins us, director of young a research. when you look at this vaccine, it is a different vaccine from pfizer and moderna. is it easier to distribute, or is it just not as effective as the other ones? effectiveness, -- and good morning we have to wait and see how it works in phase 3. all these studies they a

.>> oakland city council members kaplan to and guile also helped out. >>> the number of coronavirus casesontinues to surge. yesterday the state reported nearly 16,000 new cases. the total cases in california topped 1,160,000. 106 more people have also died since yesterday in california. the statewide death toll is now 18,960. hospitalizations have gone to their highest level since august. marin county could soon move back into the states most restrictive purple tier. marine is one of just three bay area counties in the red tier but the rinse health officer say that can change as early as next week. dr. matt willis says he's concerned the thanksgiving holiday will lead to a search. under the purple tier most indoor businesses will be forced to close and residence in purple tier counties have to abide by the states modified curfew. san mateo and san francisco health officials have also indicated that they expect to move into the purple tier soon.>>> officials in placer county issued an alert after her than 30 people who attended a basketball tournament tested positive for covid-19. that eve

kaplan, it was not about the weekend after thanksgiving, but it was about him talking about two quartersn america and then improvement. is that tone the same in europe? i do not think so. jonathan: with lockdowns and the u.k., france, and germany, and other countries come as well? not part of the conversation in europe. from london and new york this money, good morning. tom keene with something extra to say. tom: have you heard from lisa? i have not. jonathan: i just got an email. tom: i did not get any mail, no love. jonathan: she is getting messages about how she is storing oil in her home, and she has been watching ellen partridge. there you go. ♪ - [announcer] imagine having fuller, thicker, more voluminous hair instantly. all it takes is just one session at hairclub. introducing xtrands. xtrands adds hundreds or even thousands of hair strands to your existing hair at the root. they're personalized to match your own natural hair color and texture, so they'll blend right in for a natural, effortless look. call in the next five minutes and when you buy 500 strands, you get 500 strands

lisa: you are at a cross-section at an interesting we have robert kaplan coming out saying he could expectontraction in q4 because of the worsening pandemic, and then jim polson who just said he expects a 5% expansion in q4. a bullish attitude and markets versus the bearishness of economists. where you come out in this divide that seems to be growing? torsten: what is important to watch as the high-frequency data. yesterday, as you talk about yesterday -- more people are becoming unemployed. there is something going on in the economic data. the nightmare scenario for markets would be if the employment rate for november would begin to go higher. we are still waiting for the vaccine. there is time before the vaccine comes. we have more conversation of whether there'll be a second generation of vaccine. there are question marks around how vaccine will be deployed. the short answer to your question is in the short-term, it is very difficult -- is very different -- normally you have a lot of certainty about the short-term and not much about the long term. here we have a much better idea of what

kaplan was talking to bloomberg about that yesterday, saying we could seek another contraction in the fourth quarter as well as into next year. i wonder, from your, this kind of public disagreement, does this change investors confidence in u.s. assets? wouter: what it does is it introduces a bit of uncertainty, a bit of a risk premium when you look at the u.s., when you look at the dollar, the u.s. treasury. these are very solid but you wonder what's going to happen next from a governments perspective. how will this work with the fed? everyone expects that relationship to be quickly real established -- reestablished once biden is inaugurated as president, but what happens in the meantime? you are facing a fairly difficult winter because of the surging covid-19 cases and people wonder if in that interim period, in the three month we have left, if things sort of go the wrong way, and i think that's what markets are pricing in right now. in that interim period, we are going to have another fed meeting. does this put pressure on them to potentially do more or introduce new policy plans? w

. >>> at-large congressman rebecca kaplan leads derreck johnson. >>> california voters passed a numbereform measures this election, continuing a trend that's helped reduce the state's prison population. ktvu tells us the election results are a big victory for opponents of the tough on crime policies of the .a. >> this was a people's victory. >> reporter: it was another win. voters passed prop 17, a law that allows 57,000 parolees to vote. the tough on crime measure would have made certain convictions ineligible for parole. and allowed some misdemeanors to be charged as felonies. the measure was put forward by law enforcement groups, seeking to undo previous reforms. >> this was a big statement for anyone who is seeking to roll back reform and seeking to roll back progress. >> reporter: executive director for californians for safety and justice. he spent 7 years in prison. when he got out, he began advocating for policies focusing on rehabilitation. >> it includes more than just prison, jail, da's probation, parole. public safety is how do you prevent crime from happening. >> reporter:

tune in later today with dallas fed president robert kaplan on "balance of power" at 12:30 new york. joining us now is kristen , citi private bank head of capital markets. how do you measure the short-term economic weakness, the scars that central bankers are talking about with the vaccine optimism? en: it is really difficult. we have to say, what will drive markets short-term? we expect there is going to be some headline risk simply because look at all the headlines coming across, whether it is new york city schools being closed, increase covid cases, the worry about fiscal stimulus. then you have to look at long-term, and the market is a great job of this. the market can look out six months and say what are we anticipating six months out, and that is where you have the kind of counter to that. it is also getting that benefit that we have such positive news around vaccines, and it is not just the vaccine story because the abatement of the pandemic is not only dependent on a vaccine. it is also dependent upon treatments and more prolific getting and basically good news on all of thos

. >> matthew sanderson is an attorney, co-leader in the political law group of kaplan, an nbc news electionry much for being with us tonight. i appreciate you being so straight with us on this stuff. >> thanks for having me. >> all right. we'll be right back. stay with us. ith us still a father. but now a friend. still an electric car. just more electrifying. still a night out. but everything fits in. still hard work. just a little easier. still a legend. just more legendary. chevrolet. making life's journey, just better. i just got to shop online and i get cash back. i love using rakuten during the holidays, because i can get the sale and i can get cash back. and it's so easy and the best way to start off the new year. sign up today and get cash back with rakuten. tonight, try pure zzzs all night. the best way to start off the new year. unlike other sleep aids, our extended release melatonin helps you sleep longer. and longer. zzzquil pure zzzs all night. fall asleep. stay asleep. is thamhmor me? aaaah! nooooo nooooo nooooo quick, the quicker picker upper! bounty picks up messes quicker an

robin bride al jazeera seth kaplan is transportation in this for the u.s. national public radio program here. and now he explains how the voting 737 is the most scrutinized hopped in the history of aviation. i personally would get on one right now. i believe that this is at this point, the most scrutinized aircraft probably in the history of aviation, which is to take nothing away from the gravity of everything that's happened. but there are some basic changes this plate of laws that would give me enough confidence. i mean something as simple as requiring the system to those 2 sensor failures, not just one. the chances of human sensors failing at the same time before something happens just far less than the chances of just one sensor failing, which were in happen quite commonly. at this point, they're basically accepting that boeing has made those changes. what you had was a plane that actually had some aerodynamic issues. it was an update of an older aircraft. they want to put new engines on the old aircraft. their boss had done the same thing with, it's a

battle to return to gaillard specialty healthcare in connecticut for long-term treatment doctor jerry kaplanthe hospital's covid-19 recovery program, but what people don't understand is that covid is a disease that attacks the whole it can be know i love you process as well as an process so in addition to attacking the parks and lines. it also attacks the brain and the nervous system says patients may have long-term issues like balance memory loss and difficulty breathing so their team of doctors creates patient's specific programs to treat mental and physical symptoms that linger on is there something called neuroplasticity so with that appropriate therapy program we can to therapy exercises we can brain just like we can do physical exercises with the physical care. >>medical professionals help. garrett >>felicia bolton reporting for us tonight, another important factor the doctor emphasizes is do not wait to get help. he says a lot of post covid patients feel embarrassed that they have nightmares dizziness or forget things. he says no matter what the symptoms maybe make sure you reach out

anna: that was the dallas fed president, robert kaplan speaking to bloomberg.d hear christine lagarde later on. on european equity markets right now, still 15 minutes into the start of the equity trading session, futures fairly flat. s&p futures and nasdaq futures paring earlier gains in looking flat now. at the eu has agreed on a long-term spending plan for the bloc, and brings them closer to finalizing the budget and stimulus plan. it is a major step to make sure aid is available in the first half of 2021. joining us now is ben --give us the significance of the agreement we have seen here? flagship is the eu's policy for boosting the economy. they are in the process of ratifying it. it is a major step forward to release the 750 billion euros of aid in the first half of next year. anna: it takes us closer to the actual distribution of these funds. what is the chance it could face stumbling blocks? we have had agreements on rule of law, but not everybody is happy. ben: we need to see this ratified by the national parliaments, and the real sticking point, they a

. >> that was robert kaplan speaking to tom.he head of asian credits, blackrock, he joins us from singapore. we have a vaccine hopefully on the way. we also have the possibility in the u.s. of some clarity of what will be happening over the next four years. on top of that, the hope still remains a hope that we will have aligned fiscal and monetary policy, all of that is boding well for certain asset classes, particularly, credit. tell us about it. i think the backdrop for the risk assets are positive. you think about the uncertainties and the digital pickup. a lot of the investors are being cautious. that is slowly getting out of the way. is a very important bridge to the reopening of the economy and the resumption of economic activity. that got hampered by the virus. itn we see the resurgence of . when you put it together, there is certainly a good reason to be positive. you take a step back and look at it will bepicture, very profound in 2021. credit is well-placed globally. also in asia. we see volatility certainly on the way

craig kaplan has a -- has photos he has taken of the arriving members today.efings coming up this morning from nancy pelosi. that's coming up at 10:15 eastern. we will have live coverage of that and the republican leader will follow that at 11:00 eastern, covering it live. our question for you in the remainder of the program is should president trump concede? support8-8000, if you joe biden and kamala harris. (202) 748-8001 if you support president trump and mike pence. for all others, (202) 748-8002. joe biden supporter in stafford, virginia. caller: hello? host: you are on the air. caller: thank you. whether trump concedes or not is trivial. i mean i wouldn't cry if he conceded and i wouldn't cry if he was dragged out over the white house lawn in handcuffs and shackles. either way, it's his call. he's provided a lot of amusement and entertainment to the country but is not serving in the capacity of a president. he just acts inappropriately, which is no big secret. if he concedes, so be it. if he doesn't, who cares. thank you. charlotte, trump supporter, hi t

craig kaplan is keeping us on top of what is happening. running through quickly what he has been saying. the majority leader on the election and the state of the u.s. senate -- i don't know whether i'm going to be the defensive coordinator, he said. when it comes to the uncalled senate races, i'm told we are more likely to get a definitive answer in north carolina and maine, thom tillis and susan collins races, by the end of the day. when it came to covid-19 relief and what happens after the election, mitch mcconnell saying we need another rescue package. i think we will do it before the end of the year. and on the looming december 11 government shutdown deadline if congress cannot agree to a new funding and spending bill, mitch mcconnell saying we need to find the government. the speaker and i agree we ought to do an omnibus appropriations bill, and do it in december. just keeping you on top of what is happening out of kentucky this morning. thank you very much. met in philadelphia, pennsylvania, a supporter of joe biden. go ahead. caller

we know that from kaplan. even if they do, it is not enduring because they can be removed. side that they have not spent defending, where you live or sleep over time and that does not include college or boarding school students. the test is not just where you lay your head at night. it is where you have allegiance or enduring tie, and there is no coherent theory of political representation that says every illegal alien, no matter how little time they have been here or imminently facing removal is a usual, settled resident. it is the seven prerogative to define the community. the other side is left to say look, this is what the founders wanted, but they don't have an explanation for why the founders would have wanted it, and that should give us pause. they were not painless people given too purposeless structures. the court should vacate or subject.he finally, to you justice kavanaugh, that would open up post apportionment litigation. and if they prevail and that litigation on the basis of whatever categories are excluded, they would then be asking for the same relief as in

the cleveland fed and rob kaplan from the dallas fed spoke today on bloomberg television.ob said he isn't crazy about bond purchases, he would beef up and make lending programs better. another said monetary policy might not be the right tool, looking more fiscal policy. let's listen to what she said. >> the virus case increase is very concerning. and the fact that we don't have a fiscal package is very concerning. with the disparate impact of this pandemic, that is where fiscal policy plays a role because fiscal policy can be really targeted to households and small businesses that really need the aid. a lot of -- shery: a lot of questions for fed officials being interviewed these days, and i would imagine a lot of people at the federal reserve, including the one we just heard from, were convinced today by decision we just got from u.s. treasury. haidi: global economics and policy editor kathleen hays p let's get the karina mitchell with first word headlines. karina: president-elect joe biden reaffirmed he will not impose a national lockdown despite virus numbers surging. h

psychologists tell it, like stephen kaplan, tell us what we're asking students to do on our classroom is to pay directed attention. directed attention as he argues here requires effort. it plays a central role in our ability to focus. it under our control some of the time as were just talking about somethings can't impinge upon and draw us way from it but the one i have bolded here's what i want to focus on now. it's susceptible to fatigue. attention gradually fades over time and requires more and more effort for us to pay attention over the course of an experience. this is true of any kind of experience. it's going to vary in intensity some more than others but sometimes faculty will say to me students can pay attention over the course of the 75 minute lecture. no they can't but attention will also fit over the course of a 75 minute discussion. that's just how or attention works. prolonged mental effort leads to directed attention 50. we want to think about that. of course the great article at the conference organizers posted from harvard business review points out this is especially

divisive because the changes would have disproportionately affected conservative users according to kaplan. mr. zuckerberg, you founded facebook, a company with a market capitalization of approximately $80 billion and you control the majority share of the company's voting stock. mr. zuckerberg, i'm wondering at what point you will stop giving in to baseless claims of anticonservative bias and start exercising your control over facebook to stop driving division and actually, to quote you, build community and bring the world closer together, end quote, as you claim as facebook's mission. a recent study found that president trump was the single biggest source of voting-related misinformation in the run-up to the presidential election. since the election, president trump has only continued the lies on twitter and facebook. also claiming that he won re-election and that the election is being stolen from him. but the truth is, joe biden won the election as major news network and is the associated press have confirmed. in response to president trump's lies, you have, at most, added a warning labe