Bloomberg Daybreak: February 14, 2022 - Hour 2 (Radio)

is rebounding after a drop from Omicron. Plus the Bible crossing between the US and Canada has reopened. I'm Michael bark More Ahead, I'm John Stasharon. Sports super Bowl fifty six in l A. The Rams with a fourth quarter touchdown drive they beat the Bengals. That's all straight ahead on Bloomberg day Break on Bloomberg Element Tree on New York, Bloomberg one, Washington, d C, Bloomberg one oh six one, Boston, Bloomberg nine sixties, San Francisco, Sirius x M one nineteen

and around the world. Old on Bloomberg Radio dot Com and via the Bloomberg Business Set. And Good Morning I'm Karen Moscow. I'm Nathan Haygar. Bloomberg Daybreak brought to you by Interactive Brokers Global Analysts that helps you find new global investment opportunities. To diversify your portfolio and discover undervalued companies that may have greater growth potential. Try IBK our Global Analysts today at ib k R dot com, slash g A and global stocks are tumbling this morning six

o one on Wall Street. We checked the markets every fifteen minutes throughout the trading day on Bloomberg. S and P futures down now features down two hundred thirty eight and nasday futures down one forty six. And attend your treasury up five thirty seconds. The yield one nine per cent. Nathan Well, Karen. These dramatic moves in markets come as tensions built between Russia and Ukraine. Moscow's military build up near the border means this could be a decisive week

in the conflict. Amy Morris has the latest from our Bloomberg newsroom in Washington. Vladimir Putin says the US has failed to meet his demands. The U s warrens and invasion is imminent. National Security Advisor Jake Sullivan told CBS has faced the nation. There's a possibility there will be a major military action very soon. They could launch a military action essentially at any time. They could do so this coming week, but of course it still awaits the

gull order. Sullivan says Putin could move before the Winter Olympics and February. President Biden spoke with Putin for a little more than an hour on Saturday, with no real progress. Russia repeatedly denies any intention of invading Ukraine. In Washington, I maymy Morris Bloomberg Daybreak, Amy, thank your reaction pouring into the potential conflict over Ukraine. Harry L. Cooper, a senior fellow at the Atlantic Council, says an invasion looks imminent.

We do not give puting what he wants. I think he will invade Ukraine. He hasn't excused his demands are impossible to fulfill, such as rolling back native to the lines of and I think he deliberately demanded such harsh demands in order to have their pretext the castle's belly to invade U create. That is Ariel Cohen with the Atlantic Council, who says Russia has denied plans to attack. The White House is threatening sweeping sanctions in response to

any incursion. Well the tensions over Ukraine, Karen have stocked selling off this morning. Overnight equities in Asia slid for a second session. Let's get the recap from Bloomberg's Juliette Sally in Singapore. Good morning, Juliette, Good morning, Nathan and Karen. The m c I Asia Pacific Index fell over one percent. Japanese stocks among the worst performers as they played catch

up following a three day weekend. Then a KTU to five was down by two point three in Tokyo Johanna c s I three hundred, and the equity market in Hong Kong, which is also facing a COVID outbreak, traded in the red. Energy stocks so but the trend across the region climbing as oil added to an eight week winning run, and the Bank of Japan intervened in the bond market to put a cap on ten year yields, which had risen to a six year high, by offering to buy an un limited amount of five to ten

year in Singapore. Juliette Sally, Bloomberg Daybreak, Juliette, thank you, stocks in Europe this morning are under even more pressure. We go to Live to London and get the latest of the Bloomberg's Max Ramsey, Good morning, Max, Good morning Karen and Nathan. Yes, we're seeing real reverberations across the European assets amid this tense geopolitical situation. The mood in

Europe very much risk off. We fall two point six percent on these stock six hundred foot see one hundred here in the UK, the best performer among the major European industries, but still down one point nine percent. The decks in Germany down three point one percent, and the cat arent leading losses down three point three percent, so catching up with the losses we saw in the US on Friday. In the equity markets bonds, also following Friday's

US action, we see a bid for European sovereigns. The yields on the gender to the German tenure Bund falling eight basis points point to one nine percent there, and the tenure guilt yield falling five basis points one point five percent. The yield on the tenure guilt Live in London, Max Ramsey, Bloomberg Daybreak. Okay, Max, thanks for also seeing jail. Political tensions have an impact on energy markets. At one point this morning, crewed rallied more than one percent, at

its highest level in eight years. Right now, both Nimex and Brent Cruder up two tenths per cent. West Texas Intermediates at ninety seven cents of barrel, Brent is at sixty well Nathan Ukraine tensions are dealing another blow to markets that are already skittish about inflation and interest rates. Forecast call for as many as seven rate highs from the Fed this year. San Francisco FED President Mary Daly says the Central Bank needs to be measured in its approach.

What I would favor is moving in March and then watching, measuring, being very careful about what we see ahead of us, and then taking the next interest rate increase when it seems the best place to do that, and that could be in the next meeting or could be a meeting away. And San Francisco Fed President Mary Daily made the comments on Face the Nation from CBS, and you can hear the program every Sunday right here on Bloomberg Radio. Oh

Karen is COVID cases ease across the country. Back to the office plans are coming back, But it turns out a growing number of white collar workers do not want to return to their desks full time. Let's get the details live from Bloomberg's Real need a young Good morning Granita, Good morning Nathan. Just three percent of white collar workers want to return to the office five days a week.

That's according to a poll by management consultancy Advanced Workplace Associates, which warrants employees will quit if companies force them back full time. Eight six percent of the ten thousand employees polled globally want to work from home at least two days a week. People from all age groups at a broad range of industries felt the same way it. Advanced Workplace Associates managing director Andrew Mawson says bosses who are

not sensitive to their employees needs will suffer. Accordingly, Live in New York. I'm gonna need a Young Bloomberg daybreak, all right, we need a thanks right now. SMP futures are down thirty nine point, staff futures down two undred sixty five. Dance Act futures are lower by a hundred sixty one points. The decks in Germany is down three point one percent. The cat in Paris lower by three

point three percent. Sen Your Treasure three is up five thirty seconds, the yield one point nine comic scold up three quarters of one percent, up thirteen dollar sixty cents at eighteen fifty five seventy an ounce, and right now Bitcoin is trading at about forty two thousand, two hundred dollars. Straight Ahead will have your latest local headlines, plus a check of Super Bowl fifty six. This is Bloomberg at six oh seven on Wall Street, Worth seventeen degrees in

Central Park. Heads up if you're headed to JFK Airport, there's an accident the southbound van Wicke at Liberty Avenue. Michael barrs here with what else is going on in New York and around the world. Good morning, Michael, Good morning nin Than. Transit officials in New York are hoping a recent uptick and subway ridership is a sign that the city is bouncing back from the omicron surge. The m g A reported subway ridership top three million for

three days in a row last week. It was the first time that had happened since the omicron wave hit New York in mid December. Weekday ridership regular late top five point five million before COVID nineteen. A vital commerce crossing between Detroit and Windsor, Ontario has reopened. A truck blockade had closed the Ambassador Bridge for about a week. Windsor Police Chief Pamela Mazzuno says about a dozen people

were arrested. Any unlawful activity in the area will not be tolerated and officers will take the necessary action to keep the peace and traffic flowing. There will be criminal consequences for those who interfere with or entrupt traffic flow. Chief Maszuno also says they seized five vehicles and towed seven more. Protesters were demonstrating over vaccine rules. Albuquerque police say they have arrested demand suspected of stabbing eleven people

in the city. The apparent random incidents were reported at multiple locations. Police say the suspect rode a bike and was armed with a large knife. Senator Lindsay Graham says that he is moving forward from the January sixth Capital riot and the elections. Graham is instead focusing on the twenty two mid terms. I am not contesting the election. I like to reform the system, the problems we found in need to be addressed, but the election is over

for me. Senator Braham also says that he believes President Trump stands a great chance of being elected in four provided he avoids talking about the elections. Graham spoke on ABC's This Week, which can be heard Sundays on Bloomberg. Many on social media say the Super Bowl halftime show was a huge success. The show on NBC had Dr Dre and Snoop Dogg kicking it off, and then Mary J. Blige was there with a surprise performance from and Slim

Shady himself. M and M Global News twenty four hours a day on air and on Bloomberg Quick Take Power by more than twenty seven undred journalist and analysts more than a twenty countries. I'm Michael Barn this is Bloomberg, Nathan. Remember when Sugar Hill Gang was old school? Thanks Michael, coming up to sixth ten on Wall Street. Let's talk about the game. Now, here's John Stenshion, Thanks Nathan. The Rams had a lot to overcome in the Super Bowl.

Early injury to the white out Odell Beckham, he had scored the game's first touchdown. They had that dropped hold on an extra point that would prove to be a factor and the blown call. The officials didn't see an offensive face mask on Cincinnati's seventy five yard touchdown that gave them the lead early third quarter, but after both teams were not doing much offensively, there were seven straight possessions that ended in punts. The Rams went on a

long drive seventy nine yards. This was the fifteenth play Africa London, seven steps back pros, the faith fact shoulder Cooper Clubs got it Cooper cut incident in touchdown, touchdown, touchdown radio those cup second touchdown The Rams sack show Burrow seven times, nearly an eighth on a fourth and one in completion that gave the Rams to win twenty three to twenty with cup, the m d P and

the second championship and franchise history. But the other one was when they played in St. Louis So Champa Bay last year. LA this season two years in a row Super Bowl winning teams playing in their home stadium. Devil's lost to Pittsburgh three two. St. John's lost the yukon sixty three sixty. The Red Storm was one in four while playing at the Gardens twentieth win of the year for Iona at the Olympics US one gold and silver in the new event women's singles. Bob's Lad. They'd call

it Moto Bob. The gold, the Callie Humphreys who used to compete for Canada, and the silver. The thirty seven year old mom Elina Myers Taylor. The fifteen year old Russian figure skating phenom Tamila valley Eva will be allowed to compete des quite a recent failed drug test. John Stash Award Bluebird Sports Okay John Thanks SMP features down down thirty seven points down, futures down two hundred forty nine. Nastack futures are lower by a hundred fifty seven points.

The tenure treasury is up three thirty seconds, the yield one point nine to With geopolitical risk at the four, we'll get the latest on the tensions over Ukraine. Next Smith University College, London's Julie Norman. This is Bloomberg Bloomberg eleven three oh weather sunny, breezy, highs only in the upper twenties today. We'll get into the mid thirties tomorrow, increasing clouds Wednesday with a high close stuff fifty Right

now seventeen degrees in Central Park. Markets, headlines and breaking news twenty four hours a day at Bloomberg dot Com, the Bloomberg Business apt and at Bloomberg Cricktake this is a Bloomberg Business Flash and I'm Karen Moscow's dogs falling around the world as geo political risks over Ukraine ripple through global markets, adding to concerns about inflation and the

prospect of aggressive Federal Reserve interest rate hikes. To team it, we checked the markets every fifteen minutes throughout the trading day. On Bloomberg SNP Future is down thirty eight points this morning. Down Future is down two d fifty six. Nasday futures down one fifty seven. The tacks in Germany's down three and a quarter percent, and your treasury up three thirty seconds.

You had one point nine two percent yield on a two year one point five two per cent not Mexcrude oil is up two jos per cent or sixteen cents at ninety three dollar eight cents of barrel. Call mex school the three quarters of a percent or fourteen dollars at eighteen fifty six ten and ounce. The euro one point one three oh one against the dollar British found one point three five one one, the NSIT one fifteen point one nine, and Bitcoin this morning moving lower at

forty two thousand, one hundred sixty dollars. That's a Bloomberg business flash. Now here's Michael Barr with more on what's going on around the world. Michael Karen, thank you very much. Some airlines have canceled flights to the capital of Ukraine, and troops there have unloaded fresh shipments of weapons from NATO members. The US has been warning of a possible invasion within days by a growing number of Russian forces.

Aged President Volodimir Zelinski and President Joe Biden say. The two leaders spoke for about an hour on the phone yesterday. Russian leader Camilla Valieva has been cleared to compete in the women's figure skating competition at the Beijing Winter Olympics despite failing a pregames drug test. Super Bowl fifty six in the books Los Angeles Rams. They beat the Cincinnati Mangles in the NBA, The Celtics lost in the NHL.

The Devil's Lost. Global News twenty four hours a day on air and on Bloomberg Quick Take, powered by more than twenty seven under journalist a mantelist in more than a hundred twenty countries. I'm Michael barn This is Bloomberg, Nathan. Alright, Michael, thank you at six nineteen on Wall Street Live from the Bloomberg Interactive Broker Studios. This is Bloomberg Daybreak. We want to get more now on the situation with Ukraine. Julie Norman is with US lecture on Politics and International

Relations at University College London. Professor, It's always good to speak with you. Over the last few days, we've been hearing from the US that the window is open for Russia to invade Ukraine pretty much at any time, including during the Olympics. I wonder whether the window is still open or is it closing further on diplomacy to try to head this off well, Nathan, that's certainly the big question this week, and we have heard an escalation of the sense of urgency and this is in response to

a couple of things. First, at the end of last week, A Russia began military exercises in Belarus, which essentially placed Russian troops even closer to Kiev and Ukrainian border, as well as naval exercises in the Black sea to the movement of troops has on has shifted in a in a kind of a strategic way. Second is intelligence reports from U S Intelligence about the possibility of a false flag kind of incident to provoke a response. And third is, as you noted, just this sense that the roots to

diplomacy do seem to be narrowing. With that said, German chance or Schultz will be in Kiev and Moscow this week. Uh, European leaders are continuing to meet. Biden of course spoke with Putting over the phone on the weekend, So there are still these very strong diplomatic first taking place. But at the same time, the situation does seem much more

possible right now for an invasion than than any time previous. Yeah, there's been a lot of discussion among Western leaders and President Putin in terms of the security guarantees that Russia has been looking for. It doesn't seem though, as though this talk has got much of anywhere where. Do you see the possibility that we could see some kind of meeting in the middle in terms of what Russia is looking for from the Western alliance and just heading off

the possibility of an invasion here. Yeah, Well, that's certainly the secret and what work you're obviously wants is a sort of guarantee that Ukraine will not be admitted to NATO any time soon or they any time in the future. Uh NATO of course does not want to make that kind of guarantee, is doubling down on their open door policy. So the States negotiations right now would be if there's

any wiggle room within that. You know, some voices have said, would it be possible to call for a sort of moratorium or a certain time frame that would u then which Ukraine would not join NATO again. Those compromises make sense in some ways from the security compromise point of view, but you don't want to be making compromises like that because of a massitute build up and setting that as a precedent for making these kinds of compromises. So that's

the tension right now. I think there are some potential ways that that there could be some compromises, but the situation is just as such a high expilratory point, it's very hard to make those concessions. Is there a disconnect that you can see between how the US and Europe are confronting Russia here and the reaction that we're hearing from Ukraine. It seems like over the last several days the message coming out of Ukraine is not to panic and to to try to ease tensions. Well, that's right.

In Zialenki in particular has been very focused on this sense of projecting calm, not wanting people to panic um and that's partly just in terms of internal politics and not wanting to wear all the economy even further than it already has been within Ukraine, but also to try and himself de escalate what he obviously sees as a

as a very tense situation as well. You know. With that said, the US and NATO, I think, are trying to learn some of the lessons from with Crimea, where they were much more closed in terms of their discourse. They did not, uh, you know, kind of publicized a lot of the intelligence they were having and they felt Putin took advantage of that. So they're trying to turn the cables this time, get out ahead of Putin, if you will, that he's on the back foot, than then

responding to what they see as Russian moves. So it's a different kind of tactics for sure. Again, it's one that at least so far has you know, not led to an invasion yet. But again I think this week we'll we'll see if this kind of strategy is is going to yield some fruits. About thirty seconds left here, But are you getting any sense that this warning that Russia could face severe sanctions of severe economic penalties is playing in at all to how Russian President Putin is

playing this. Most of them has of course downplayed these threats of sanctions, but in reality this would be quite hard hitting. Um it would Some of the sanctions that are being discussed would quite severely cripple the rouble, would really holte not only exports and trade, but also internal sectors, including defense, including technology that are important to Putting personally.

So I do think that is playing into it. But the larger geo strategic and geopolitics questions and kind of its future sense of what the post colorder will look like seeing more of what with most driving Putins moved at the moment. Thanks for this, professor, always good having you on. Julie Norman Lecture on Politics and International Relations at University College London sp Futures down down thirty five point staff features down two hundred forty and nanosect futures

are lower by a hundred fifty points just ahead. More on the market, sell off on geopolitical risk, and more office workers saying no thanks to going back to the office. Five things you need to know to start the day On Bloomberg Daybreak Bloomberg eleven three oh weather, sunshine, breezy, cold today, only upper twenties will be in the mid thirties tomorrow, increasing clouds Wednesday with a high clost to fifty right now seventeen degrees in Central part Broadcasting live

from the Bloomberg Interactive Broker Studio in New York. Bloomberg E Living Freedom to Washington, d C, Bloomberg to Boston, Bloomberg one O six one does San Francisco, Bloomberg sixt to the country, Sirius XM Chado one nine teen and around the globe the Bloomberg Business apt in Bloomberg Radio dot Com. This is Bloomberg Daybreak. It's six thirty on Wall Street. Good morning. I'm Nathan Hagar and I'm Karen Moscow. Were just about three hours away from the open of

US trading. Time for the five things you need to note to start your day Ron to you buy Interactive Brokers. Interactive Brokers charges margin loan rates from zero point seven five percent to one point five eight percent rate subject to change. Learn more at ibk r dot com. Slash compare up first stocks. You're tumbling as geo political risk over Ukraine ripple through global markets. Russia has repeatedly denied intentions to invade Ukraine, but the US is warning a

conflict maybe imminent. Here's National Security Adviser Jake Sullivan. Russia wants to continue engaging diplomatically to find a way forward to address their security concerns and our security concerns. Were prepared to do that. At Fressia decides instead to take major military action against Ukraine. Were prepared to respond decisively. National Security Adviser Jake Sullivan made the comments on Face the Nation from CBS third Sundays. Right here on Bloomberg Radio. Now,

we're seeing geopolitical tensions affect the energy markets, Karen. Right now, oil is a touch lower after rising for eight straight weeks. Some investors predict the hundred dollars of barrel right now, name excrudes at X down about two tenths per cent. Brent is lowered by two tenths percent as well at ninety four dollars six cents. Turning the economy now, Nathan. San Francisco Fed President Mary Daily is weighing in on policy. She says the FED needs to be measured and data dependent.

Current forecast call for as many as seven interest rate hikes this year. Those COVID cases ease across the country. Back to the office plans are coming back, but it turns out a growing number of white collar workers do not want to return to the office full time. Let's get the details life from Bloomberg's Rnita Young. Good morning Granita, Good morning Nathan. Just three percent of white collar workers want to return to the office five days a week.

That's according to a poll by management consultancy Advanced Workplace Associates, which warrants employees will quit if companies force them back full time. Scent of the ten thousand employees polled globally want to work from home at least two days a week. People from all age groups and broad ranges of industries felt the same way it. Advanced Workplace Associates managing director Andrew Mawson says bosses who are not sensitive to their

employees needs will suffer. Accordingly, Live in New York, I'm rened to young Bloomberg Debreak. All right, we need to thank you. And the final thing you did to know this morning. The Rams are Super Bowl champions. L A beat the Bengals twenty three to twenty last night. Details and reaction coming up shortly in sports and as the five things you need to know to start your day, brought to you by Interactive Brokers. Again, futures are falling

this morning. NASDAC futures are down one forty four points. That's down one per cent. Straight ahead your latest local headlines, and he has to check in sports, and this is Bloomberg Albright on Wall Street. We're still at seventeen degrees in Central Parks. Still dealing with an accident on the southbound Van Wick affecting your Ryan to Kennedy Airport. Details coming up in traffic. First Michael Barr with more on what's going on in New York and around the world.

Good morning, Michael, Good morning Nathan. The busiest US Canada border crossing as reopened after protests against COVID nineteen restrictions closed it for most a week. The Detroit International Bridge company set in a statement late last night that the Ambassador Bridge is now fully open. Windsor Police Chief Pamela Mazzuno arrested over two dozen people yesterday, sees five vehicles and towed seven more. What was achieved today up to this point is a huge step in the right direction.

Officers today made several arrests and were able to seize vehicles of demonstrators in the area. Meanwhile, the protests in Ottawa has paralyzed downtown. There are mixed messages on mask Governor Phil Murphy is among state leaders easing indoor mask requirements despite CDC guidelines. To the contrary, the Jersey governor says his decision impact schools and it's based on the drop in COVID cases in his state, not political pressure.

What I am opposed to our other states state. I hate to get political, but they're overwhelmingly red states masks and then forced districts to Suva to allowing them wear masks. I think that's crazy, we did, Governor Murphy. However, Dr Darien Sutton, an emergency room physician, supports tougher CDC guidance on masks. Although the rates are coming down and I'm grateful for that. We still have approximately deaths per day from this virus, and I think we sadly normalized that.

Dr Sutton spoke to a VC. Transit officials in New York are hoping a recent uptick and subway writership is a sign that the city is bouncing back from the omicron surge. According to subway writership top three million for three days in a row last week. The m t A says it was the first time that had happened since the omicron wave hit New York in mid December. New York Mayor Eric Adams is backing Letitia James for

re election. James, who has State Attorney General, has led investigations into former President Donald Trump and former Governor Andrew Cuomo. Social media has been buzzing about the Super Bowl halftime show. Many say it is the best one they've seen. Each coom In Le Rappers, Snoop Dogg, and Dr Dre opened it up emin and almost part of the show, along

with Mary Jane Lyns. Global News twenty four hours a day on the air and on Bloomberg quick Take, powered by more than twenty seven hundred journalists and analysts, are more than a hundred twenty countries. I'm Michael barn This is Bloomberg, Nathan Okay, Michael, thanks almost six thirty six on Wall Street. Let's get more on what book ended that halftime show. Here's John stansh Our. Thanks. Duper Bowl

fifty six. It was a hot day in l A. And the Rams had a ten point lead but fell behind, trailed the Bengals for most of the second half, and Matthew Stafford led them on a super Bowl wedding drive in the fourth quarter, seventy nine yards, fifteen plays to help a couple of Bengal's penalties, and Stafford's third touchdown passed the second they went to Cooper Cup came with a minute half to go. When Aaron Donald and the l A defense stopped Cincinnati on a fourth and one,

the Rams had the victory. Twenty Cup was far and away the NFL's top receiver this and he was the Super Bowl m v P. Not only eight catches, he had a big run on a fourth and one on that TV drive. His only mistake was he overthrew Stafford on a pass play that Donald von Miller bot that two sacks. Stafford wins the title in his first season in l a many years he had languished on bad teams in Detroit. That last drive was a crust to drive,

one I'll never forget. Just so many great players, by so many great players, and uh just I'm just so happy to get it done. And uhas Mangles had quite a postseason run, but an inability to protect Joe Burrow caught up with them. Burrow sacks seven times, he got sacked nine times in lets playoff win. Earlier NBA eighth grade win for the Celtics, the NHL Pittsburgh three in the third period to beat the Devil's four two. At the Garden, Yukon beat St. John's sixty three sixty Red

Store Owen six. Against ranked teams, the US won gold and silver in the Bob sled Callie Humphreys, Elana Meyers. Taylor Humphreys had previously won gold for Kenna Wiazaky Semifinals. Coming up, US will play been John Fish that We're moving, Thank you John sixty seven on Wall Street. Time to take a look at stock some of the names moving in the pre market. Bloomberg Radio and TV markets correspondent Pretty Gupta is with us this morning, and pretty looking

at the broader market. You think everything's moving down this morning. Yeah, it's a pretty risk off tone. What's interesting is that your typical sectors that you would think would be up essentially on this kind of Russian risk news, they aren't. So what I'm thinking about here predominantly is going to be those oil companies because of course we know that geopolitical risk is priced in too, like the Brent crude hitting as high's nineties six dollars barrel Nathan getting closer

to the dollar barrel stock. Yet you don't actually see that translate into some of those energy stocks, and that's a global phenomenon. Let me tell you why. Two of the biggest names where you would tend to see that move is going to be VP and Total Energy. These are energy companies in in Europe, in particular British Petroleum

and of course French owned tot how Energy. So when you do see that geopolitical premium essentially higher oil prices, well you would want them, or it would make sense that those higher oil prices would benefit companies in Europe where that that need is most dire. But BP nevertheless actually down in pre market, down nine tenths of a percent. It also has a steak in Russia's energy giant Rosneft, so it does have that Russian exposure. So that's gonna

be something you want to watch. Same story with Total Energies t t E is a ticker for those a d r s here down two tenths of a percent this morning. It was down more earlier in the session. That also has a nine percent steak in Russian energy giant. No, but text that those are two companies in the energy sector you want to keep a name keep an eye on. Yeah, interesting to see that Russian exposure to some of those companies. I mean, when we have this broad sell off this morning, creedy,

is there anything catching a bid right now? Very very few, very slim pickings. You've got about three stocks in the grain right now. One of them, of course, is Newmont, which is a gold company in particular. So you have that Haven bid translating there, but still up by a ton. The one big mover that I'm seeing, and when I say big, helping up by five tenths of a percent, and that is Lockheed Martin l M t S your ticker. Now double whammy here on the first tent. It's a

defense stock. So when we're talking about war risk, it kind of makes sense that an American defense company there's only two, Locky Martin and Boeing, would actually rally, and Boeing you're seeing kind of decline with the broader hit to risk. Locky Martin up, like said, five tens of percent, but it also is up because it ended its bid to buy aerojet rocket Dine after the FDC suit to block the four point four billion dollar deal on the

grounds that it would hurt competition among defense contractors. So just the idea that Lockheed is actually saving some money UM on that deal interesting. Bloomberg Radio and TV Markets corresponded, Creedy grouped keeping an eye on what's happening in the pre market as we do see uh this broad sell off on geopolitical risk this morning. Right now, SMP futures are down thirty two points, Stayle futures down two d eighteen. Nasdaq futures leading the declines on Wall Street this morning.

They're down a hundred thirty points, or nine tenths of one percent. Major selling continues in European stocks, with Germany's docks down three point two percent right now. The cat in Paris is lower by three and a half percent. The FLIXI in London down one nine percent, and it's in your treasury right now, up five thirty seconds, the yield one point nine one per cent. An update on Ukraine next with Bloomberg Government's Emily Wilkins. This is Bloomberg

Bloomberg eleven three oh weather. Sunshine and breeze today with high and the upper twenties will be in the mid thirties tomorrow, upper forties, maybe fifty degrees by Wednesday under increasing clouds right now seventeen in Central Park Markets, headlines and breaking news twenty four hours a day at Bloomberg dot Com, the Bloomberg Business at and at Bloomberg Quick Take. He's a Bloomberg Business lash and I'm Karen Moscow and

US Dock Index futures are lower this morning. We go to the first word Breaking News Day US for today's morning call. Here's Bill Maloney. Bill, good morning, and good morning, Karen. That's right. US futures are under pressure and made added Ukraine tensions to futures currently down two points. Sup s drop thirty four now that's the future is lower by one forty two. The US ten yeld at one point

nine two. Golden oil are both little changed. Bitcoin is hired by point eight percent and Japan fell two point two percent overnight. My Up markets are also under pressure, with most markets down at least three percent. Back in the US, nothing to report on the economic front and a deal news locked Martin scrapped its bid to buy Aero Jets, and the ft report that Pelton's McCarthy dismissed the idea of a potential sale. In other news, Bowman Sacks cut its sub five hundred forecasts on the prospect

of aggressive rate heights and wrapping things up. Tyson was cut to equate over Barkley's JP Morgan cuts a hold well right. Jeffreys Live from the First Breaking News deskm Bill Maloney Camp all right, Bill, thank you, and here lie breaking news. Over your Bloomberg type squawk on your ermin. I'll sue you a w u K. That's a Bloomberg business flash. Now here's Michael Barrow with more on what's going on around the world. Michael Darren, thank you very much.

Tensions over Russia's military build up near Ukraine or entering a potentially decisive week with the US warning and invasion, Maybe imminent Russian President Vladimir Putin is accusing America failing to meet his demands. Meanwhile, President Joe Biden spoke with Ukraine's president yesterday. Russian teenager coming Up vile Eva has been cleared to compete in the women's figure skating competition at the Beijing Winter Olympics despite failing a pregames drug test.

Super Bowl fifty six is in the books Los Angeles. They beat the Cincinnati Bengals three twenty. The Rams have won their final victory with Matthew Stafford at least for now anyway, in the NBA of the Celtics lost in the NHL, The Devil's Lost. Global News twenty four hours a day on air and on Bloomberg Quicktake, powered by more than twenty journalist analysts thy countries. I'm Michael bar This is Bloomberg. The following commentary is from Bloomberg Opinion.

What you can learn taking a bus to the Super Bowl. I'm Justin Fox, the columnist for Bloomberg Opinion. A few days before Sunday's Super Bowl, I traveled via light rail and bus to the host stadium in the Los Angeles suburb of Englewood, then I took a bus and a bus rapid transit line that runs down the middle of a freeway to downtown l A, an underground heavy rail train to Koreatown, and express bus to Westwood, and a

bus back to Santa Monica, where I'm currently staying. Yes, you can do all that in Los Angeles, which is not exactly known for its public transportation infrastructure, but has seen smaller drops in transit ridership during the pandemic than other big US cities. That's partly because, unlike in other cities, the white collar workers who've gone remote over the past two years never relied much on public transportation. Here to

begin with, I'm justin Fox. For more opinion, please go to Bloomberg dot com, Slash Opinion or O P I n go on the Bloomberg terminal. These has been Bloomberg Opinion and Bloomberg Opinion commentaries can be heard every weekday at this time, and terminal customers can read more at O P I n go. It is six fifty on

Wall Street. Return to news and science and technology now with the Bloomberg and J. A. T. Stem Report, And here's what's making news and science, technology, engineering, and math, scientists and governments will meet later today to finish a major United Nations report on how global warming disrupts people's lives,

their natural environment, and the earth itself. The United Nations Intergovernmental Panel on Climate Change, a collection of hundreds of the world's top scientists, issues three huge reports on climate change every five to seven years. Rolls Royce Holdings, the engine maker known for powering Boeing and Airbus workhorse jets, expects a fully electric small aircraft in three to five years.

A top company executive tells us. The first commercial application of pie volt a battery electric system, will have about six hundred kilowatt hours of power, which will enable flying six to eight people as far as eighty nautical miles. And cryptocurrency exchanges were featured. Amid a Super Bowl ad blitz that cost as much as seven million dollars for thirty seconds. Coin Based Global had an ad featuring at QR code that viewers had to scan to find out

what the spot was about. Those who did were invited to sign up and get fifteen dollars. Fd X Trading, another exchange ran an ad with comedian Larry David and crypto dot com spot featured basketball great Lebron James and as a Bloomberg and j I t Stem report. Nathan, Okay, Karen, thank you. We are live from the Bloomberg Interactive Brokers studios where it's almost six fifty two on Wall Street Time Now to check what's going on in d C. Some of the top stories in our nation's capital include

the crisis over Ukraine. White House National Security Adviser Jake Sullivan says the US is open to diplomacy but prepared to respond if Russia invades. We have seen over the course of the past ten days uh dramatic acceleration in the build up of Russian forces and the disposition of those forces in such a way that they could launch a military action essentially at any time. Jake Sullivan was

on CBS's Face the Nation. Republican Senator Lindsey Graham says the U s should take action against Vladimir Putin now. He was on ABC's this week, got a hundred thousand troops and massed on the Ukrainian border, and he's paying

no price at all. So I'd like to hit him now for the provocation and have plancons sanctions spelled out very clearly also making news, Democratic Senator Joe Manchin calling on the FED to tackle inflation head on how Speaker Nancy Pelosi made a picture President Biden's economic agenda on ABC's This Week with all the respect in the world for my friend man And it's not right to say that what we're doing is contributed to inflation, because it

is exactly the opposite. You can hear this week and face the nation every Sunday right here on Bloomberg Radio for more. We're joined by Bloomberg Government reporter Emily Wilkins. So, Emily, Uh, diplomacy continues even as Russia continue US with these massive military drills in Belarus. What's the latest? So at this point we are hearing mornings as I think you just showed from the White House that Russia could invade Ukraine as soon as this week. Uh. The US has told

everyone in their embassy in kievs that to evacuate. UM. Biden and Putin did speak over the weekend. They had about an hour long hall on Saturday or Biden Warren Putin that invading't Ukraine would cause widespread human suffering and the West was committed to diplomacy, but equally prepared for other scenarios. Now, there is still some disagreement between the US and Europe about what sanctions would be Putin was to invade Ukraine. That's part because different countries have different needs.

Germany really does lie to a certain extent on Russia for its energy. Lots of questions around the North Stream to pipeline. I mean, you just we just heard Wizzy Graham say that he would want to put ancients on Putin, and yet legislation that would do that in the Senate has gotten solved over partisan tensions, and so it's not

clear yet when that legislation would pass on. Lawmakers were hoping to have it before Putin would do any sort of invasion, but it's not But but it doesn't look possible that they're going to necessarily get it done this week um, and so at this point everyone's very much on high alert. Uh. Biden also spoke um with Ukrainian president over the weekend, who invited Biden to come to Ukraine. That's probably not going to happen, but we are going

to see continued diplomacy with European leaders. Germany's transpler is expecting to visit both Kiev and Moscow in the upcoming days. So diplomacy continues, but do we see any sign of a potential off ramp in these tensions when it seems as though diplomacy at least up to now, really hasn't gotten very far in terms of getting Russia and the West closer together. So and I think that that's that's

the question that everyone's really asking right now, Nathan. It's sort of like, what else can the US and can it's European allies do at this point? I mean, we have continued to see troop build up, We've continued to see Russia's or hold onto exhibition that you know, it's it's not planning on in dating, and that the US

stroking hysteria UM. At the same point, there are all these troops that have been on the border for for more than a month now, and so at this point you are seeing the US and European allies continue to talk about diplomatic efforts, but if you look at the actions, there's certainly been a build up in the warnings that the US has sent UH and the the level of concern. Initially they were saying that Putin went attack until after the Olympics, UH now the new intelligence is that that's

not really the case. Only about thirty seconds left here, But what do we know about this intelligence that the Russia could invade this week? What's the what? What specifically is the White House saying we don't actually know a whole lot about what they're looking at. Obviously, this is you know, part of the reasons the US isn't going

to show their their full hands here. Um. But Sullivan said that they're putting forward what they know right now about the U S and about Ukraine and sending the message that messages that they are to try to stop a war, and they're just showing the that for the U S. Intelligence, they do believe this is a threat. This is very real and that's could happen by the end of the week. And of course we will continue watching Bloomberg Government Report. Emily Wilkins, thank you as always

for the update from Washington. Karen Nathan. It is six fifty six on Wall Street, and this is Bloomberg Day. Bright February is Black History Month, and every day this month we are celebrating significant moments in US black history. Now with your installment for February fourteenth, here's Bloomberg's really too young on this day in Black History. In eighteen

sixty seven, more House College was founded. Back then it was called the Augusta Institute, housed in the basement of Springfield Baptist Church in Augusta, Georgia, but then it would move to Atlanta in eighteen seventy nine, go through a couple of name changes, eventually in nineteen thirteen becoming more House College. It was honoring Henry Lyman Moorehouse, the corresponding

secretary of the American Baptist Home Mission. Famous graduates of Moore House include Dr Martin Luther King Jr. Spike Lee, Samuel L. Jackson, and Herman Kane. That's today in Black History. I'm rene to young Bloomberg Radio, all right, rened to thank you and again. Futures are selling off this morning. SMP futures down twenty eight points at down, futures down one dred ninety three, NASDAG futures down one hundred seventeen.

They are off their loads of the morning. Though Bloomberg surveillance is straight ahead for Nathan Hagar on Kara and Moscow. And this is Bloomberg