Bloomberg Daybreak: January 24, 2022 - Hour 2 (Radio)

reeling from the deadly shooting of the police officer. Plus trial begins for three x Minneapolis policemen involved in George Floyd's death. High Michael Barr More Ahead, I'm John Stash. Aaron sports that Jeans beat the Pills in an epic playoff game, the Rams beat the Bucks, the nixt one,

the Nets, and Devil's Law. That's all straight ahead on Bloomberg Daybreak on Bloomberg eleven three, on New York, Bloomberg one, Washington, d C, Bloomberg one of six one, Boston, Bloomberg nine sixties, San Francisco, Sirius x M one nineteen and around the world on Bloomberg Radio dot Com and via the Bloomberg Business and good morning. I'm Karen Moscow. I'm Nathan Hagar. Bloomberg Daybreak brought to you by Interactive Brokers Global Analysts.

Global Analysts helps you find new global investment opportunities. To diversify your portfolio and discover undervalued companies. Try Global Analysts today at I b k R dot com. Slash g A and futures are lower this morning after last week sell off six o one on Wall Street. We checked the markets every fifteen minutes throughout the trading day. On Bloomberg SMP future is down about sixteen points down, futures

down eight seven, NASDAG futures down eighty two. The tenure Treasury up nine thirty seconds, yield one point seven two percent. Yield on the two year point nine nine percent. Ninemex screwed oil is down about two ten percent, and bitcoin is down five point six percent. Nathan, all right, Karen, We'll have more on markets in a minute, but we begin with the latest geopolitical tensions between the White House and Moscow, concerns over a Russian invasion of Ukraine and

US taking steps to protect Americans in the country. Amy Morris has the latest from our Bloomberg newsroom in Washington. Washington ordered diplomats families to leave Ukraine. The UK withdrawing about half of its embassy staff and their families. EU ministers are talking with Secretary of State Anthony B. Lincoln about next steps. They're prepared to say that any further military aggression by Russia will have quote massive consequences and

severe costs. This as President Biden is reportedly weighing whether to send troops to Eastern Europe to support NATO allies. The New York Times reports that would involve up to five thousand troops plus warships and aircraft. In Washington, I maybe Morris Bloomberg Daybreak, All right, Amy, thank you. While Secretary of State Anthony blancoln is speaking out on the

pending conflict with Russia. He's rejecting pressure to escalate sanctions on Moscow, saying it would limit his options in the future. The purpose of those sanctions is to deter Russian aggression, and so if they're if they're triggered now, you lose the detern effect. And Anthony Blanken made the com it's on NBC's Meet the Press, or in Sundays on Bloomberg Radio, let's turn back to markets now, Karen, where US futures are slumping once again. Last week sell off shows no

sign of slowing. Bloomberg's John Tucker joins US Live with the latest. John, Good morning, name in the NASTAC one hundred, coming off its worst week since the start of the pandemic in March of twenty the end of central bank stimulus, as many rethinking their outlooks. The FETE decision on Wednesday is expected to signal a March interest rated hike and a balance sheet reduction later this year. The U S stocks have historically performed well during rate hike cycles. They've risen.

They at an average annualized rate of nine percent during all hiking cycles since the nineteen fifties. But that's no comfort this morning. The NASDEK futures right now, they are down sixty eight points and still strategists do remain optimistic. On average, they project the SMP five hundred will finish the year just shy of five thousand. It will be percent above Friday's closing level. Line to New York. I'm John Tucker, Bloomberg Daybreak. All right, John, thank you all,

as we wait for a Wednesday's FED decision. One Wall Street Bank is out with a hawkish forecast. If we get the latest lie from Bloomberg Shore, I need a young good morning, ready to good morning, Karen Goldman. SAX economists say the FIT could tighten policy more aggressively than anticipated their clocking rates increases in March, June, September, and December, and for the Central Bank to announce the start of

a balance sheet reduction in July. Goldman economists are concerned because the omicron variant is prolonging supplied demand imbalances, and there's continued strength and wage growth, which together could increase ongoing inflation pressures. Live in New York. I'm gonna need a young Bloomberg daybreak, and we need an anticipation of

tighter policy from the Fed is also weighing on Bitcoin. That, combined with word that the White House is preparing a strategy for digital assets, has Bitcoin hitting a low of thirty four thousand over the weekend. The cryptocurrency is down nearly fifty percent from its all time high in November, and checking Bitcoin now, it's at thirty three one d dollars. Let's turn to the pandemic now. Nathan us COVID cases appear to be leveling off, and there's hope the numbers

could soon start heading south. Dr Anthony Faunci says this surge could be nearing its peak, but if the pattern follows the trend that we're seeing in other places, things are looking good. We don't want to get over confident, but they all look like they're going in the right direction right now. Dr Faunci made the comments on a DC's This Week ord Sundays on Bloomberg Radio well COVID's

Front and Center in Europe. This morning, Karen is British Prime Minister Boris Johnson faces his most crucial weekend office. Let's go live to London and get the latest from Bloomberg's U and Potts. Good morning you, and in fact it's Max Ramsey head morning, Good morning Mason, and Karen said. Battles on multiple fronts for Boris Johnson. We await the results of an investigation from a senior civil servant into

apparently lockdown breaking part parties in Downing Street. Also, the conduct of the government's whips is in questions that these are loanmakers who are in charge of discipline within the Prime Minister's Conservative Party. They're facing allegations of amail and Islamophobia, both of which they're denying, but are so far breas Johnson has managed to keep rebellions from his party from growing too overwhelming. But really a challenging week to come

for the Prime Minister. Live in London, Max Ramsey bloom Back daybreak. All right, Max, thank you. While back here in the US, some corporate news to get you caught up on shares. The Coals are up twenty nine percent. The department store chain is fielding interests from two potential buyers. Sources say the latest bid comes from Sycamore Partners. Earlier, another bitter backed by hedge fund Starboard Value, offered nine billion dollars for Coals. Activist investors have been pressuring Coals

to sell, and Peloton shares are up one percent. Karen Bloomberg News has learned an activist investor will push Peloton to fire at CEO and try to sell itself. Blackwell's Capital has less than a five percent stake in the fitness company. Pelotons shares have plunged more than eighty percent from their all time high a year ago, and on the economic front today, Nathan and News survey shows a

build up of US inflation and labor shortages. The National Association for Business Economics set more than a half of the company surveyed bosted prices in the fourth quarter. That's the highest in the surveys forty year history. On top of that, more than expect higher wage costs in the next three months. Futures this morning are falling in straight ahead, your latest local headlines, plus the check of sports, and

this is Bloomberg. Thanks Karen. At six oh seven on Wall Street where thirty degrees in Central Park still dealing with an accident on the westbound Belt Parkway headed to JFK the tails coming up in traffic. First Michael Barr with what else is going on in New York and around the world. Michael, thank you very much. Nathan. New York City is preparing to later rest a rookie police

officer killed last week. Funeral services for twenty two year old New York City police officer Jason Rivera are being finalized. Rivera and officer Wilbert More were shot Friday night while answering a call about an argument between a woman and her adult son in Harlem. Moura was wounded and is fighting for his life. The man police you say shot

them also was wounded by a third responding officer. New York City Mayor Eric Adams vows to take action to address not just the latest police shooting, but crime in general. This is a sea of crime that's been fed by many rivers, and we have to damn each one of those rivers, and we have been unsuccessful to do so throughout the years. These crimes, they not thought um during my administration, to have been here for far too long

and many parts of our community. Mayor Adams on CNN also mentioned another high profile crime that occurred more than a week ago. A forty year old woman on a subway platform in Times Square, Michelle Go was shoved in front of an incoming train by a mentally ill homeless man. General leeber Is, the CEO of the m t A, but a relatively small number of mentally ill homeless, but their impact on the subway system and on the ridership

and God forbid, on safety is disproportionate. The m t a's General Eibers says, the fact that had happened and one of the most iconic spots emphasizes the problem New York City faces. Opening statements begin today in the federal trial for three former Minneapolis police officers charged with violating George Floyd's civil rights as Derek Chauvin pinned his neck to the street. All three a charge for failing to

provide Floyd with medical care. The adult film actress who made lawyer Michael Lavenati famous four years ago, will be the key witness in the New York courtroom. Prosecutors are trying to prove Avonati cheated Stormy Daniels of three hundred thousand dollars in book proceeds. Opening statements are scheduled for today. Jury selection begins today in New York for former Alaska governor and vice presidential candidate Sarah Palin's lawsuit against The

New York Times. Palin accuses the Times of defamation over editorial Global news twenty four hours a day on air and on Bloomberg Quick Take, powered by more than twenty seven under journalist and analysts more than trees. Michael Bard, this is Bloomberg Nather. Thank you, Michael. Come up to sixth CEN on Wall Street time for the Bloomberg Sports Update with John Stshowner and Nathan Has there ever been

a more exciting NFL playoff game Bills and Chiefs. Just in the final two minutes of regulation, they scored twenty five points, had three lead changes twice. The Bills thought they had won with a Josh Allen touchdown past to Gabriel David's who caught four on the night, but they kept leaving Kansas anytime, even when Buffalo scored a go ahead TV with only thirteen seconds ago, enough time for Patrick Mahomes. Two completions got the Chiefs in position for

a game time field goal. They went to overtime. Kansas City won the coin flip and then the game. Maholmes looks to throw it up, taking right side. He wants a cupboard that is called Mike Kelsey down kids sitting one of the greatest DULs in the history of the National Football League. Patrick Maholmes to Travis Charlsey, the stake come back in the Chiefs one that's incredible. Divisional playoff game forty two to thirty six Chiefs Radio, Mahomes and

Allen a classic quarterback duel. They combined for sixty completions over seven hundred yards, seven touchdowns on a hundred thirty seven rushing yards. It's mahomes on. The Chiefs will host Cincinnati for the a f C Championship. The Rams will host the forty Niners in the NFC l A Blue a four point lead, Tom Brady rallied Tampa Bay to a tide in the Rams, helped by a forty four yard completion, picked a field goal to win thirty to twenty seven. After three straight home losses, Nicks beat the

Clippers the Garden one ten, one oh two. R J. Barrett scored twenty six. Nick started tough week tonight in Cleveland. Nets lost at Minnesota one five. Devil's loss to the Kings three to two. American Taylor Fritz, playing right now at the Australian Open, once set all the stafinal sits a Fox Don Statue lay, Bloomberg Sports Thanks john SMP Futures Downtown five points down Futures and nanstat Futures both down twenty eight points to tend your treasury up nine

thirty beckens the yield one. This is Bloomberg, Bloomberg eleven three oh weather. Sunny, mid thirties today, partly sunny, a high near forty tomorrow sunshine Wednesday, but Ohio only near twenty five degrees currently clouds and thirty degrees in Central Park. Markets, headlines and breaking news twenty four hours a day at Bloomberg dot Com, the Bloomberg Business Out and at Bloomberg Quick Tape this is a Bloomberg business lash and I'm

Karen Moscow. And equities in Europe are falling this morning. US Dot Index futures are lower as well as the road and technology shares deepens and it concerns over the Federal Reserve's imminent rate and lift off bonds are gaining. And we check the markets every fifteen minutes throughout the trading day. On Bloomberg Guess and P futures are down seven points down, futures down forty seven, nosday futures down to thirty nine. The decks in Germany is down one

point six per set ten. Your treasury up eight thirty seconds. He had one point seven two percent. The yield on a two year point nine nine percent ni Max screwed oil is down three tens per cent, or twenty six

cents at eighty four dollars. Eighty eight cents of barrel comex schooled up four tenths per cent, or seven dollars at eighteen forty one ten announced the euro one point one three one seven against the dollar, British found one point three five and the ends at one thirteen point seven three bitcoin this morning, also falling at thirty three thousand, nine hundred dollars, and IBM is among companies schedule to

report earnings today. That's a Bloomberg business flash. Now here's Michael Barrow with more onless going on around the world. Muffel Karen, thank you very much. The US ordered family members at its embassy in Ukraine to leave dudes with the continued threat of Russian military action, while the US renewed warnings that Russia could send forces into Ukraine at any time. There's word President Joe Biden is considering deploying

troops to Eastern Europe and the Baltics. The yer Old trial for three former Minneapolis police officers charged with violating George Floyd's civil rights is Derek Chauvintinda's Neck to the Street is set to begin today with opening statements in the NFL. The Chiefs beat the Bills and an ot thriller forty two thirty six and that means Kansas City faces the Bingals for the a f C title. The Rams beat the Bucks thirty seven. Los Angeles went out

face the forty Niners for the NFC Championship. In the NBA, the Nicks, Celtics and Warriors won. The Nets 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 hundred journalist and analyists more than a hundred twenty countries. Michael bar this is Bloomberg. Nathan all right, Michael, thanks at six nineteen on Wall

Street Live from the Bloomberg Interactive Brokers Studios. This is Bloomberg Daybreak, and we turn our attention now to the pandemic. Dr Anthony Fauci says, things look like they're going in the right direction with the omicron variant if it keeps up the top White Howse medical advisor says COVID could

diminish to a level of control. Control means you're not eliminating it, you're not eradicating it, but it gets down to such a low level that it's essentially integrated into the general respiratory infections that we have learned to live with. Dr Facci spoke on ABC's This Week, Heard Sundays on Bloomberg Radio. Joining us this morning is Professor g. Grandville of the Johns Hopkins Bloomberg School of Public Health. So what do you think, professor, are we getting close to

a point where where we can live with COVID? Well, we still have a lot of people getting infected every day and a lot of hospitalizations and too many deaths. But I think a better day is ahead and I think, you know, Tony Facci says it well, where we're getting to a point where it's going to be something that we will live with. But let's not forget about the rest of the world while we're living with it here. Yeah,

let's let's talk about that a little bit. That that comes down to vaccinations, doesn't it Whether we can continue to boo and fully vaccinate people in this country while still getting vaccines to the rest of the world. Are we striking that balance properly? Well, we are giving a lot of vaccines away, but the world needs to do a much better job of this, and we need to partner with other nations, including China, to make sure that people have access to their first doses, never mind their

second or third. Um, we have seeing the rise of Delta and a Macon. All of these things happen because we have a vulnerable population and and we can't ignore the rest of the world's vulnerable populations. So we need to vaccinate. And it sounds like you're implying that that raises the risk if we don't get enough of a level of vaccination that we could see more variants down the line. What's the risk in your mind that future variant could be worse than Delta, given that a Macron

apparently wasn't at least in terms of severity. Yeah, viruses, they evolved to become more transmissible. UM, how severe they are is really a matter of um of the how how well the virus does, it doesn't really matter to it. So I think we need to just try and eliminate the possibility of too many more variants coming um and hopes that you know, they could be more severe. So we have to do what we can. And this discussion about putting COVID in the background, getting it under control.

As you know, a lot of Americans, a lot of people around the world have gotten to a point at least in their own minds that it's in the background for them. They want to get back to their lives, and a number of businesses or dialing back restrictions on coming back to the office. Now with it seeming like, oh, Macron is getting in the right direction, what's your advice for people as they sort of navigate the way things

are now? Yeah, form for most people who are who have gotten their vaccines, including their booster, they are taking precautions when they go into crowded places. Um. This is a this is a risk that many people can can take and to safely gather UM. But we still have some vulnerable populations here, so UM, please try to take more precautions in the coming weeks, um than maybe a month or two from now. There's going to be more drugs available for treating people who have UM who can't

be uh protected by the vaccine. And we also need to make sure that we get vaccine to the under five crowd as well. When do you think that's going to happen? It seems like it's taken quite a while for under fives to get vaccines. Absolutely. Yeah. The word is that it's with it going to be within the next couple of months, So UM, six to eight weeks to be conservative at least that's what that what Dr faucci Um implied a few days ago, last thirty seconds here.

You're probably aware of the anti vaccine mandate that happened in Washington, d C. Over the weekend. A lot of people arguing for natural immunity as something that can help against omicron or any other variant. What's the case for for natural immunity is that enough? Well, it hasn't been enough to um if people had had Delta to protect them against omicron, etcetera. So UM, it's it's not enough. UM. But you know, natural immunity can give you a lot

of protection. It just might also hospitalize or potential to kill you in the process. So a safer course of action is to get vaccinated. As always, thank you for your insights. Professor G. Grandvald the Johns Hopkins Bloomberg School of Public Health, supported by Michael Bloomberg. He is the founder and majority owner of Bloomberg Radio's parent company, Bloomberg Lp. SMP futures now ten point, staff futures down sixty two, NASTAC futures down fifty four points, just ahead diplomats families

ordered out of Ukraine. A hawkish forecast from Goldman Sachs as we checked the five they is you need to notice start your day. This is Bloomberg Bloomberg eleven three oh weather sunny, mid thirties today, partly sunny, a near forty tomorrow, sunny highs in the mid twenties on Wednesday.

Right now cloudy and thirty degrees in Central Park. Broadcasting live from the Bloomberg Interactive Broker Studio in New York, Bloomberg E living three on to Washington, d C, Bloomberg to Boston, Bloomberg one O six one to San Francisco, Bloomberg nine six to the country, Sirius XM Cho one nine and around the globe the Bloomberg business 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. We are just about three hours away from the open of US trading. It is time for the five things you need to notice start your day. Brought to you by Interactor Broker's Trade crypto for less coin with commissions just twelve to eighteen basis points and no hidden spreads or markups. Learn more at ibk R dot com Slash crypto up first, to begin with the latest geo political tensions between the US and Russia. The US has ordered families of diplomats to leave Ukraine and concerns

about an invasion. Mount Bloomberg's said Bachet has the very latest. The signal is that Russia could invade at any time, and the State Department is issuing a statement saying quote, the security conditions, particularly along Ukraine's borders in Russia occupied Crimea and in Russia controlled Eastern Ukraine are unpredictable and can deteriorate with little notice. They're also reports that the Biden administration is thinking about sending troops into the region.

In San Francisco, I'm at Baxter Bloomberg Daybreak, thanks said, turning into markets now, US futures are deteriorating. Is last week sell off look set to continue. Let's get the latest live. Here's Bloomberg's John Tucker John Nathan The NASA coming off it's first week since the start of the pandemic in March of It's now down over four from it's November high. The next Turtle for investors is Wednesday, when the Fed is expected to signal of March rate

hike and balance sheet reduction later this year. The under Fed stimulus has prompted an exodus from high growth equities. Right now, Thadursday futures are leading declines. They are down sixty eight points. Live in New York. I'm John Tucker, Bloomberg Daybreak, John, thank you, as we wait for a Wednesday's Fed decision when Wall Street Bank is out without hawkish forecast, we get the latest line from Bloomberg's Ready

to Young, Good morning, Ready, Good morning. Karen Goldman. SAX economists say the Fed could tighten policy more aggressively than anticipated their clocking rates increases in March, June, September, and December, and for the Central Bank to announce the start of a balance sheet reduction in July. Goldman economists are concerned because the omicron variant is prolonging supply demanding balances, and there's continued strength and wage growth, which, to gather, could

increase ongoing inflation pressures. Live in New York. I'm Nita Young, Bloomberg Daybreak. Thanks Nita. Let's turn to the pandemic now with word from President Biden's chief medical advisor, Dr Anthony Faunci that the omicron outbreak is headed in the right direction. He says the surge could peak soon. And in corporate news this morning, shares of coals are higher by twenty eight percent. Sources at the department store chain is fielding

interest from two potential buyers. And that's the five things you need to notice start your day. Brought to you by Interactive Brokers. Maybe a check your local headlines, plus a checkup Sports straight Ahead on Bloomberg. Thanks hearing at six thirty three on Wall Street where thirty degrees in Central Park and accident has northbound Palisades Interstate Parkway closed past Exit three. Details coming up in traffic First Michael Barr with more on what's going on in New York

and around the world. Michael, thank you very much, Nathan. New York Governor Kathy Hugel has announced a new task force involving nine Northeast states and fighting the rise and gun by lets. It comes after Friday's shooting of two New York City Police officers. One officer, twenty two year old Jason Rivera, was killed. The other, seven year old Robert Mora, is in critical condition. Mayor Eric Adams is calling on the federal government to help curb the flow

of illegal guns into big cities. The police department is doing their job taking thousands of guns off the streets, yet each time you take a gun off, there's a constant flow of new guns coming here. Mayor Adams says the suspect and Friday's shooting was also shot by a third responding officer and remains hospitalized. Mayor Adams also mentioned last week's death of a forty year old woman on a subway platform in Times Square that's making global headlines.

Authority say Michelle go is shoved in front of an incoming train by a mentally ill homeless man. General Lieber CEO of the m t A says the fact that this happened in one of the city's most iconic spots emphasizes the problem New York City faces. Right in the middle of a city, what could be more of the center of the city and of the world than Times Square. For this to happen is just unthinkable, unacceptable. I called it unconscionable. There are no words. We have to do

something about it. The m t a's General Liber says as though while the issue is atypical for the city, it's being felt acutely in this time of COVID. The federal trial with three former Minneapolis police officers charged with violating George floyd civil rights. It's Derek chaubin pinned the black Man's neck to the street, is set to begin today with opening statements. All three are also charged for

failing to provide Floyd with medical care. In Michigan, students returned to Oxford High School today for the first time since of deadly shooting there nearly two months ago. The school's principles see Wolf posted a video message to students

on YouTube. You know what's going to be really difficult for our students and our staff to come back because we're still greeting, and our thoughts and our prayers will continue to be with the victims of this Sensuss Act and this tity, and for those who continue to heal. You allow that shoot her. Fifteen year old Ethan Crumbley is currently being held without bond in an adult jail. Global News twenty four hours a day on here and on Bloomberg Quicktake, powered by more than twenty seven under

journalists and analysts more than a hundred twenty countries. I'm Michael Barr. This is Bloomberg, Nathan. Thanks Michael, almost six thirty six on Wall Street. John Stashiris at the Bloomberg

Sports Update, Thanks Nathan. A wild weekend of NFL playoffs, with all four games being won on the final play Three road teams won on game and field goals, and then the Bills in Chiefs in a game for the Ages twenty five points scoard in the last two minutes of regulation, three lead changes, including Buffaloes go ahead teeny

only thirteen seconds left. Kansas City still able to tie the game in the last second field goal, and they beat the Bills forty two to thirty six and overtime, and the Chiefs will host the a f C Championship game for the fourth year in a row. They'll take on the Bengals. The Rams beat the Bucks thirty to twenty seven on a field goal that came after Tampa Bay rally from twenty four points down to tie the game. Tom Brady nearly pulled off an f A comeback. Not

quite at the end. There's only one team that's gonna be happy. I feels good to move on when you move on, and obviously when you don't, uh, you know whether it was last week or this week, or next week or the week after, two weeks after that, after you're the loser in that game at all, it all sucks for losing me. And asked if he's now going to retire, Brady said he'll take it day by day. The Rams, after winning on the road, now go home play the forty Niners to the NFC title of the

ramed win. They'll stay in l A for the Super Bowl. The next home stand is over. They lost the first three but beat the Clippers one ten, one oh two. Let all the way. R J Barrett twenty six points, four team rebounds, dicks way tonight in Cleveland. Started a tough week. They go to Miami, then Milwaukee. They'll play three at the top five in the East in Minnesota. Thirty points for Kyrie Irvy not enough. That's lost one

Devil's beat by the King's three to two. Daniel Medvedevan to the quarterfinals the Australian Open, and so is Danielle Collins. One of three Americans and the women school John everyone Blueberg sports all right, John thinks it's six thirty seven on Wall Street, time to take a look at stocks and some of the names moving in the pre market with Bloomberg Radio and TV Markets correspondent Created Gupta on a down Monday, creates still a lot of buying interest

in Coals this morning. Yeah, some deal news potentially when it comes to Cole's case us is your ticker up just shrive tent. This of course comes after the weekend where they did have not just one suitor, but two suitors, Nathan, the Coles actually turning out to be the bell of the ball here to suitors Sigmore Partners and a Starboard backed investor UH specifically Sigamores looking at a bit excuse the Starboard back to investor looking at a bit about

sixty four dollars to share. This comes after, of course, we know retailers broadly have been struggling with the likes of the omicron variant. Coals really at the front of that, it's current investors Engine Capital and must sell them. Advisors, which is also an activist investors, has been pushing Coals to consider strategies, to consider sales, and now Nathan, it looks like it's going to happen at least are too people familiar the idea that they do have two suitors

on the table while they're still struggling. Nevertheless, KSS once again, is your ticker just shy of twenty nine cent? And speaking of activist investors, Nathan doesn't stop at Cole's peloton as well. P t O N is your ticker up

one and a half percent? We know this company has really been struggling for a while now, what comes with regulatory scrutiny simply not not many people needing to buy a home bike anymore, and we've seen the shares really tumble with that stay at home trade kind of fading now with spacing calls from an activist investor, Blackwell's Capital to fire its chief executive officer, John Foley and pursue a sale once to court once again, according to a

person with knowledge of the matter coming from Bloomberg reporting O veryam Scott Devote reporting that story. Somebody keep in mind lots of deal news happened this morning and a few analysts moves this morning as well. A few analysts moves as well. Let's just start off with discover d f S. Is your ticker up one point four percent? Piper Sandler upgrading Discover on quote a great setup for shares, raising the firm's price target up to two from one

five a share. This is crucial because you're actually seeing a company Piper Sandler smile essentially on a company that's in the fintext place, that's in the credit card space. We know, especially with all spending data, these companies along with banks, have been under some pressure recently. Moving on too, Arista Networks upgraded to a buy from a neutral over at City following more than a seventeen percent year today pullback in the shares through Friday, City saying that there

are several positive catalysts in the near term. A n E. T is your tigger, they're up half a percent, and lastly, we do have a couple of earnings coming out this morning. Haliburton is going to be the top of the agenda. H A L up three tenths of a percent before that report, and IBM as well reporting after the bell down six tenths of a percent in the pre market.

Nathan all Right, Bloomberg Radio and TV Markets corresponded to create gupta with us as always in the early trade, and we said we checked the markets before they open this morning. Futures are moving lower. S and P futures are down eight points. Style futures down forty three. Nasdaq futures while we're by forty two points in the tenure. Treasury is up eight thirty seconds. The yield one point seven bitcoin right now just shy of thirty three thousand,

eight hundred dollars. You're listening to Bloomberg Daybreak Bloomberg eleven three oh weather sunshine mid thirties today, partly sunny near forty tomorrow, sunny mid twenties for Wednesday. Right now, clouds and twenty nine 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 Quick Tape. He's a Bloomberg Business Flash and I'm Karen Moscow. Futures are

following this morning. Let's go to the First Word breaking news desk for today's morning call, and here's Bill Maloney. Bill, good morning, Good morning, Karen. That's right. US futures are in the red right now, with DOWN futures down thirty two points, sysips dropped five well. NASDAIC futures are lower by thirty the US ten year old at one point seven three percent, Gold is up, for oil is trading lower,

and Bitcoin is sinking another four point four percent. Hong Kong dropped one percent overnight, while up of markets are also in the red, led by two percent losses in Italy. Back in the US, on the economic Frinday thirty, Chicago fed and at nine forty five January p m I s. On the geopolitical front, the US has ordered families of diplomats out of the Ukraine, and the New York Times report that Biden is weighing deploying troops to Eastern Europe.

In Dean news. In Europe, Unilever jumped after people familiar said that Nelson Peltz built a stake. Pelton received a letter from activist investor Blackwells. Coles surge percent pre market after Sigamore Partners reportedly reached out about a takeover, and When Resorts is looking to sell its online sports bed business. In other news, fouch He says the Omicron virus is moving in the right direction and wrapping things up a risk and Networks was raised to buy its City group.

Netflix cut the hold of Jeffreys and PPG was cut to equate. Over at Wells Fargo, Live from the first Breaking News Tascom Bill Maloney, Karen, all right, Bill, thank you to hear live breaking news over here. Bloomberg type squawk on your turbine. I'll ascue you a w K and that's a Bloomberg business flash. Now here's Michael Barrow with more on what's going on around the world. Michael, Karen,

thank you very much. The State Department is ordering the families of all American personnel at the U. S Embassy in Kiev to leave the country and is allowing non essential staff to leave Ukraine. The move comes amid heightened fears of a Russian invasion of Ukraine despite talks between US and Russian officials. One of President Trump's strongest defenders is said to have talked to the House elect Committee

investigating the January six attack on the Capitol. The chairman of the committee says former President Trump's attorney, the Attorney General, William Barr, has spoken to the panel. In the NFL, the Chiefs beat the bills forty two thirty six and overtime. That means the Kansas City Chiefs face the Cincinnati Bengals for the a f C title. The Rams beat the Bucks thirty seven. Los Angeles will now face the forty

Niners for the NFC Championship. In the NBA, the Knicks Celtics in Warriors One, the Nets 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 an analysts in more than a hundred twenty countries. I'm Michael Barr. This is Bloomberg. The following commentary is from Bloomberg Opinion. We'll all be immunized against COVID nineteen soon. I'm Justin Fox, a columnist

for Bloomberg Opinion. As COVID nineteens omicron wave begins to subside in the US, one thing seems clear. After it has passed, the number of Americans who have been neither infected by nor vaccinated against the disease will be pretty close to zero. As we've all learned, the immunity provided by vaccines and prior infections isn't perfect. You can still get infected, but you're much less likely to get very ill. Some studies have shown vaccines giving better protection some prior infections.

Both clearly provide some immunity boosters, and improved vaccines can provide even more. An encouraging vaccination should remain a priority, but sequestering the unvaccinated from the rest of US probably shouldn't. Despite having arrived via different roots, one far more dangerous than the other, we are for now all in the same boat. 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's a fifty one on Wall Street, and we turned to news and science and technology now at the Bloomberg and J I T. STEM Report brought to you Buying News. The Institute of Technology ranked a top fifty national public university by US News and World Report and top ten for best career placement

among public schools by the Princeton Review. More at N J I T dot E DU Now. Here's what's making news and science, technology, engineering, and math. The US reported a six thousand new vaccine doses administered on Sunday. That's the lowest number since October, despite near record high infections and hospitalizations. According to the Bloomberg Vaccine Tracker, vaccinations peaked last April and more than four and a half million daily shots. Bitcoin has lost more than half of its

value since heading a high back in November. The drop has wiped out more than six hundred billion dollars in market value and over one trillion dollars has been lost from the aggregate crypto market. And after one hundred sixty years in the business, Standard Chartered Bank says its transaction volumes in South Africa are now cashless. The pandemic and the ensuing lockdown across the continent coaxed Standard Banks customers

into switching to digital banking. According to a CI, worldwide digital payments will account for all transactions in India by and as the Bloomberg and j I t Stem report. Nathan thanks Karen or Alive from the Bloomberg Interactive Brokers studios. Where it's six fifty two on Wall Street time to check what's going on in the c Some of the top stories in our nation's capital include the US ordering

families of diplomats out of Ukraine. President Biden is reportedly considering sending troops to Eastern Europe has tensions with Russia rise close to the boiling point. Secretary of State Anthony B. Lincoln, though says now is not the time for sanctions, at least not yet. The most important thing we can do is to use them as a deterrent, as a means of dissuading Russia from engaging in further aggression. One sanctions

are triggered, you lose the detern effect. Secretary Blincoln was on CBS's Face the Nation, But Democratic Senator Chris Coons is making the case for some sanctions now to show resolve the very strongest sanctions, the sorts of sanctions that we use to bring a run to the table is something that we should hold out as a current to prevent Putin from taking the last step of invading Ukraine.

Senator Coon's was on ABC's This Week. Also making news, Senator Bernie Sanders saying it's time to stop negotiating and start voting on pieces of President Biden's build back better. Let's put a strong bill on the floor and miss the mansion and the cinema want to vote against little whatever Republicans want to vote against, we can go from there.

Senator Sanders was on NBC's Meet the Press, and a reported draft order for the National Guard to seize ballot boxes after the election has the attention of the House. January six, Committee Chairman Bennie Thompson tells CBS has Face the Nation. They've discussed it with former Attorney General William Barr. We've had conversations with the former Attorney General Aureatic. We've

talked the Department of Defense individuals. We are concerned that our military was part of this big laugh on promoting that the election was false. Face the Nation, Meet the Press and this week can be heard every Sunday on Bloomberg Video. For more, We're joined this morning by Bloomberg Government reporter Emily Wilkins with the situation in Ukraine front and center. Emily, what's the latest so over the weekend. As we reported on Friday, uh the the US did

ask for families of Americans in Ukraine to leave. They also asked for some embassy workers to leave the country as well, warning that they might not be able to protect Americans should Russia invade. There's also Nathan, as you alluded to with those clips, a very heated discussion happening in Washington right now over whether more needs to d us needs to do more, that they shouldn't wait until

you Russia invades Ukraine. Should they move now, Should we send troops, should we said more funding, should we send ammunition? This is something the U. S. Senate as well as the House, we're talking about doing prior to departing. I mean, the big question now is that the houses out this week, Senators out this week, Congress is not around, and so there's a question of whether makers would be able to act quickly or potentially act before Putin makes the potential

first move into Ukraine. And this is something that President Biden has also been briefed on over the weekend. What it would look like to move potentially troops into um eastern Europe, what it would mean to start imposing some of these stactions that they've threatened right now due to this military build up. As you mentioned, Congress is out this week, and it sounds like the debate is resuming over whether to keep negotiating or whether to start voting

on President Biden's economic agenda. Yeah, so what's Senator Bernie Sanders kind of proposed over the weekend. It kind of goes into line with how more and more Democrats are thinking about the package. They say, Okay, if we can't move forward on build back better as it is right now, what can we move forward on? Because we know that Senator Joe Mansion and Senator Kirsten Senma they do support

various parts of this package. It's just that they don't support the entire thing, and so there are questions about how do they move forward. And Democrats, both progressives and more moderates, they've pointed out that even passing just a few of these things would lead to major transformative changes. That you don't need to have a one point eight trillion dollar bell, you could have something much smaller that would impact many Americans. The Democrats really they see the

need to get moving on this. There was some question about why the last several weeks were spent on a doom to fail voting rights measure. Um, they want to get back to the discussion on this social policy and tax plan. Again, they're not here this week, so we'll see what the discussion looks and sounds like. When they get back that first week of February. All right, Bloomberg Government reporter Emily Wilkins keeping us on top of what's

happening in the nation's capital. Even with Congress out this week, it sounds like there could be a lot of backdoor negotiations on a number of fronts as lawmakers head back to their constituencies. And you can read more about all these stories on Bloomberg dot com or on the Bloomberg terminal. Follow all the latest on Bloomberg, Rate you in Washington, Bloomberg, and one oh five point seven fm h D two.

Looking ahead to the market open on this Monday morning, futures are moving lower, though pulling back from some of their deepest losses in the pre market. Right now, SMP futures are down eight points, Dow futures down sixty four, NASTACK futures are lower by forty three points. The tenure Treasury is now up five thirty seconds, the yield one point seven three percent. Yield on the two year now

one point zero one percent. Nimex screwed up a tenth percent at eighty five dollars twenty four cents of barrel. Komex gold up four tenth percent at eighteen forty forty announced, and the euro is at one point one three zero four against the dollar. Bloomberg surveillance is up next for Karen Moscow. I'm Nathan Hager. This is Bloomberg