krishna: three. .han: headline inflation year end, what do we end with on the headline cpi in america? take your pick, give me a number. victoria: i think we end around 3.75%. krishna: three. srikanth: same. jonathan: great to catch up. victoria fernandez, krishna memani, srikanth sankaran. going into a long weekend. this is bloomberg tv. ♪ every day in business brings something new. so get the flexibility of the new mobile service designed for your small business. introducing comcast business mobile. you get the most reliable network with nationwide 5g included. and you can get unlimited data for just $30 per line per month when you get four lines or mix and match data options. available now for comcast business internet customers with no line-activation fees or term contract required. see if you can save by switching today. comcast business. powering possibilities. mark: welcome to the bnn and bloomberg audience. i'm mark crumpton with bloomberg first word news. first year in office. it is set for 4:

it was there where sculptors carved the image of the hindu god krishna.picted holding a mountain over his head like an umbrella, to protect his worshippers from a torrential rainstorm. >> the ritual to make this sculpture sacred when it was installed, part of the installation included putting tokens, they're called, tokens of gold, inside the pedestal. and so, poor thieves looking for gold would topple the sculptures to get the gold. >> reporter: around 1912, a group of french archeologists first discovered the broken pieces. those pieces were then bought, sold, and traded a number of times over the next six decades. for instance, a rich belgian banker liked the head and torso, but wasn't that interested in the rest of it. >> so, they buried the pieces. some of them were used as edgings, you know, for the garden. >> reporter: a curatorial crew from the cleveland museum of art dug the pieces out of the garden in 1975, and they attempted to reassemble the ancient statue. >> it is not easy. these pieces are, there's no joints remaining between them. the angl

also discussing this week's hot inflation data what the fed might do about it with vice chair krishna guha you are watching "closing bell" on cnbc. every day in business brings something new. so get the flexibility of the new mobile service designed for your small business. introducing comcast business mobile. you get the most reliable network with nationwide 5g included. and you can get unlimited data for just $30 per line per month when you get four lines or mix and match data options. available now for comcast business internet customers with no line-activation fees or term contract required. see if you can save by switching today. comcast business. powering possibilities. >>> a tech sell-off on our hands. there's the nasdaq 100 heat map. nasdaq 100 down about 2% as is the nasdaq looking at the worst levels of the session and the names in the red are largely tied to tech m microsoft, tesla, netflix. the bright spots are having to do with bio tech some media names like parent comcast and food stocks like a pepsi. another tech sell-off after three days of a reprieve and today yields

joining us -- the ceo krishna joining us.a: why the bank of singapore's head of investment strategies ease more volatility ahead for u.s. stocks as well as his top sector picks in asia. stick with us. this is bloomberg. ♪ haslinda: let's take a look at markets this monday morning,a s ea -- a sea of red. lewis posted about 13 months, investors waiting to hear from the fed, will it be march? we have dollar sheet normalization, and how soon will that happen. rishaad: you propose that question, you can also look at what has been going on with the u.s. stocks looking at growth versus value jesse what is been going up with the nasdaq. the question is are we at an inflection point? let's bring in the head of investment strategy at bank of singapore. the question is are we at an inflection point? we have got geopolitics, a new outlet in the market here. what gives? >> i think we are at an inflection point here. during the pandemic we had stimulus at this scale where we saw a rebound during a period where activity was diminished. that

a museum's decades-long effort to restore a 1,500 year-old statue of the hindu god krishna.t's "pbs newshour."

i think, you know, krishna is doing it differently than predecessors we know ibm for the last decader so has been a value trap. the stock has traded within this range, versus some of the other bigger players in cloud, john. you know, the execution, though, which has been a challenge for the past three ibm ceos is now on krishna's shoulders i know you talk to him often, and he has a path. we'll see if he can deliver on that i think that, in the analyst community, there is some skep skepticism, especially in understanding the numbers that they put forward yesterday, as they spin off that legacy business. >> while there should be, i mean, over the years, the past decade plus, there's been a lot of financial engineering going on and how ibm has structured, restructured, what they report and what they focus on the mid-single digit revenue growth, what happens to profitability, if they deliver that, is going to go a long way toward answers >>> now, checking in on nvidia the chip maker down more than, let's see -- it's at 4%, just a hair over 4% this morning, following reports the company h

okay, dr. air krishna the day come are great to get your thoughts. thank you so much for sharing your expertise with us here and al jazeera. we do appreciate it. let's thank you back i and see the united kingdom, where the prime minister's office is accused of hosting a party during the cove with 19 locked st. back in 2020 is causing quite the star over there in the u. k. in the team. barbara jones is now from 8 sides at premier subarus jones, his residence on a dining streets at nadeem edge. this seems quite an extraordinary story this because i'm for, as was the british government's really having a garden party when the british public was told to stay home was this role a base? well, it's about trust sits about consistency and it's about truth telling. and it really is remarkable if you see the content of that email which has been published by british broadcasts during the last 24 hours and the contents of which the government have not really are complained about or rejected. let me just read you a little bit of it. we thought it would be nice to m

dr. krishna would ioc mar is director of the do global health innovations center. he says, a 4th shot might offer some extra protection, but thinks most countries will stop at 3. we should remember that about 52 percent of everybody in the world has been fully vaccinated, but that rate is only about 10 percent across the continent of africa. so we still have a lot of work to do to get 1st 2nd doses to be protected. and also for the 3rd dose is that we have more and more data is highly protective relative to 2 doses, especially for omicron so well there may be a little bit of relative additional protection with a 4th dose. i don't think that beyond special circumstances with a very high risk population that, that's going to become the norm for many countries. the good thing is the global vaccine supply is picking up pretty significantly. we're now producing over a 1000000000 and a half doses a month. we've got new vaccines, especially the protein sub unit vaccines that are coming online. so the supply scenario looks promising over the coming weeks and months. but we

will dr. krishna would they, a coma is director of the duke global health innovation center. jones is now on skype from lay railey north carolina. thank you for your time. so we can see this become the norms for back scenes to boost is 4 countries. i guess, that have enough vaccines on hand. it was really just getting preliminary data now from israel, as you said, seems to offer some relative protection in people 60 and over. beyond the 3rd dose, i don't see a pathway in the near term for that to become the norm on a global basis. we should remember that about 52 percent of everybody in the world has been fully vaccinated, but that rate is only about 10 percent across the continent of africa. so we still have a lot of work to do to get 1st 2nd doses to be protected. and also for the 3rd dose is that we have more and more data is highly protective relative to 2 doses, especially for omicron so well there may be a little bit of relative additional protection with a 4th dose. i don't think that beyond special circumstances was very high risk population that, that's going to beco

well, dr. krishna with i am a kumar is a director at the global health innovations center. he says the u. s. is that a crisis moments and we're 2 years into this and demick and we're asking the same help workforce that's been struggling for 2 years to continue and not just continue, but actually to do even more with even fewer resources. we should remember that we have access to lots of axioms and other types of intervention, but we're still relatively low compared to other countries in our vaccination rates, only 63 percent of the entire population is fully vaccinated. here in the us and less than 40 percent have boosters, so we have susceptibility beyond other countries in terms of the level of infection . we've also seen now that the rates of infection are rising significantly, and we're not seeing the same level of b coupling as we saw. we have some south africa between the cases rising and the hospitalizations. we should keep in mind that the best estimate we have is perhaps up to 40 percent of people in the hospital with cobit or their width. cobit as opposed to being

. >> finally we might see if krishna's efforts are making any difference kyndryl, that was their spin-offey agreed to sell watson health. things are coming along. is dan writing this off too soon >> you know, it's a tough one, because dan makes really good points about the history of this stock and this company and given the spin-off and the restructuring, one of my colleagues was on the call, and there's a lot of moving pieces in the results dan pointed that out don't just look at the headline. going in this morning, the stock was way oversold you could make a trade and even at the close, we were thicking, maybe it had 6% upside, so our trading range was $125 to $137 but if you're looking at it after hours and already up 5%, just be careful tomorrow because you might be pricing in some of the relief rally that things weren't as bad as maybe people thought they could be, but this thing has a rolyey really high implied volatility premium you could see follow through, but if you have the stock and played it, you might want to trim it after tomorrow >> to the value investor, value stock or v

advocates for gun control and is giving this data first to our colleagues, emma tucker and priya krishnaumar. the nonprofit's hope is just the visual of this will be the tool lawmakers, journalists, supporters of gun control need to make their case clear that more gun control measures has an impact on violence and deaths by guns in this country. and so what every town did was analyze data from the cdc which looked at each state's rate of gun deaths in 2020 and then compared that with 50 policies that it says are scientifically proven to work in preventing gun violence, like required background checks, permits to carry concealed guns in public and laws requiring secure storage of guns. so let's look at these two maps to help you further understand what's going on here. according to everytown's research, the darker blue the state, the higher the score got for strength in gun laws. focus on california, for example. it has strong gun laws. then look at one of the states in white like mississippi. now let's look at a different map and compare it to this which shows each state's gun death rate

okay, let's bring in doctor krishna coma. he's the director at the global health innovations center and joins us from north carolina. thanks for being on the program, dr. cases of only krona now surging across the globe, and some medical professionals are even recommending double masking. tell us a little bit about that. do you think it's necessary? yeah, we do know that the ohm icon variant is highly transmissible, much more so than the prior variance that we were dealing with. which means we have to be that much more careful about ventilation and masking. now we do have a higher ability to access high quality and high filtration mask like k 95 k n 95 or k f. 94 types of maps. if not, then we can use surgical math or if the only thing available or clock mass, then certainly multiple layer cloth mass are adequate, but not anywhere near as good as some of the other high quality mass that are available. so because of the high transmit ability of oma crime, it really matters the type of mass that everybody is wearing. now, i gue

dr. krishna, who day of coma is the director of the global health innovations. and he says, army crime is likely to cause arise in a hospital admissions and could overwhelm many health centers. omicron has probably been around since mid october or so, and is now likely the dominant strain in almost every country around the world. we now have pretty good data from not just south africa, but also parts of europe and in the u. s. and what we are seeing pretty consistently is that it has a much higher rate of transmit ability. there does seem to be a trend that it causes less severe disease, but that's not born out fully. but we do know that with then level of rises that we're seeing in cases. it's much more likely that even with a small percent of people becoming ill, we're going to overwhelm many health systems around the world. if we don't take more aggressive measures, my own to kids went back to school today. and i think it is important to make sure that we can safely keep kids learning in person in school, if at all possible terms of making sure that everybody

company in hybrid cloud that, you know, is still really trying to turn this huge ship this isarven krishna'strategy. we know ginni rometty had a hard time doing it, but so far, the market taking it well. that call and guidance is going to be really essential >> yeah, looks like as far as the outlook, what they're saying is mid single digit growth for 2022, which would be consistent to what is promised. deirdre, thank you the stock is shooting up 6%, so this is one of those where if you were looking for a value stock that has underperformed and you're starting to see grun chutes like we're seeing in this quarter, would be a good bet barrons had picked it as one of its better stocks for the year >> there's no doubt that there's very low expectations baked in to the valuation, but that's been the case for years. we'll see what that consensus goes to after we get guidance. the stock is up, but you know, it's kind of back to levels we were at a couple weeks ago it's not as if it's plowing new ground here. the fact that it's, you know, a 5% dividend yield tells you the company is now valued for vi

mr rama krishna before this committee talking about the attack. -- attack his company experienced the affected a lot of federal agencies and his observation was having a single entity to which all of us can refer will serve the fundamental purpose of building speed and agility in this process. too much time is wasted in communicating across agencies where information is very fragmented. >> sir, we agree. to quote my good friend, who is not able to be with us today. we shouldn't need a phd in government to get responsive coherent duct service from the government. >> final observation may be too mr. van ron, should companies are federal agencies or state local governments pay a ransom? what is the guidance we give and if a ransom is ever to be paid, should it not be a last resort rather than the first response to the threat. your observation? what policy guidance does fbi give. with that, i yield back. >> i appreciate the opportunity to get this on the record. the fbi position is we do not recommend a company pay a ransom. we understand a company's decision should be based on their own