6 Burst results for "Ten San Francisco Bay Area"

"ten san francisco bay area" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

06:22 min | 1 year ago

"ten san francisco bay area" Discussed on Bloomberg Radio New York

"Not go to an emergency room at says see a private doctor This is a total reversal of advice that was given less than a week ago when it urged people to go to emergency to get an official diagnosis now Again they're saying not to do that And Bloomberg Steven engel says this is having a domino effect A lot of the milder cases are being transferred out of hospital out to the pennies bay quarantine center which is supposed to be for close contacts or arrivals on that lengthy 14 day quarantine process So it's a bit of a mess and Hong Kong's in a pickle on policy right now That's why they are launching these new rounds the tightest restrictions yet to date But again it puts into serious question Can Hong Kong maintain a zero COVID policy Now the government of health authorities are reporting out their first COVID deaths in 5 months are actually two of them and the complicate things new survey out of the university of Hong Kong says that only 13% of parents are willing to vaccinate their 5 to 11 year olds even if schools mandate it And if it's not mandated that number goes down to 10% New York's governor Kathy hoku is lifting the mask mandate for businesses that do not check COVID-19 status citing case numbers We saw those numbers Literally off the charts And now those numbers are coming down and it is time to adapt Yeah hulk also says high inoculation rates and low transmission of factor Illinois lifting its indoor mask requirement as a February 28th will stay on to public schools Ten San Francisco Bay Area counties are dropping indoor mask requirements as of February 16th the state that says unvaccinated people will continue to have to mask up The center right now is Santa Clara county which is the heart of Silicon Valley Massachusetts will lift at school mask mandate at the end of the month CDC director Rochelle Walensky says the agency is still monitoring numbers The current 7 day daily average of cases is about 247,300 cases per day A decrease of about 44% over the previous week I will ask you to say it's good for this to be done as long as the lifting is done in a responsible way And UK prime minister Boris Johnson plans to scrap self isolation rules for people who test positive for COVID If I need the current encouraging trends in the data continue it is my expectation that we will be able to end the last domestic restrictions including the legal requirement to self isolate if you test positive a full month early And this will end as he said the last of the pandemic restrictions dramatic step is due to take effect later this month he did not announce specific date In San Francisco I'm at Baxter This is Bloomberg Doug thank you Let's get to our guests Sarah Leanne is with this client portfolio manager at east spring investments on the line from Singapore Sarah thanks for joining us Paul and I were wondering what was maybe the catalyst for this pullback that we have seen in equity markets across the apac region and I was just kind of wondering out loud whether this could in any way be connected to this CPI data that we're expecting in the states tomorrow and whether or not it's a hot reading we have to begin to price in a much more aggressive fed What do you think Yeah I think that's right I think markets are pretty jittery We're all sort of waiting to see what the U.S. CPI print looks like I mean most indicators seem to point toward a pretty robust rebound in inflation looking at numbers like 7% year over year from last January So I do think the market's worried about that in Asia the pressures are largely on the energy side Many of the Asian markets in this region are net importers of energy So a higher oil price is a headwind to those economies for sure Same thing with a dollar a rising fed interest rate often implies a rising dollar and that can also be a headwind for Asian economies that are particularly export oriented So I do think that could be causing a lot of the sort of sell off that we've seen But that said Asia is a lot more immune to inflationary pressures than the U.S. it's at a much lower starting point headline inflation and Southeast Asia has only around 3% and in north Asia places like Korea and Taiwan is sub 2% So the base is much lower and we think that the growth story in Asia is still very strong in companies can outgrow let's call it the inflation pressures but it is something that we are very mindful of and think investors are trying to digest this information and maybe not trying to take on big risks right now given that inflationary backdrop We've had some very good earnings this season those that just simply not enough to counter this powerful tightening narrative that we're hearing The earnings have been good In most instances we've seen some solid results in aggregate However there have been pockets where the earnings haven't been so good and I note that particularly in the tech Internet sector we try to look through this generally speaking we think the cult of convenience ecommerce faster delivery times people don't want things the next day They want it within half an hour 15 minutes And so this phenomenon is not just in developed markets It's very much a part of life and Southeast Asia and India and China as well So even though there is some softness in the tech sector we think there's some buying opportunities there We try to extrapolate what earnings look like over a full cycle three to 5 years So a quarterly quarterly print isn't going to really change our investment thesis But the thing that we have noticed is that companies that are having feet are not really getting rewarded for that Okay Sarah we're going to leave it there We'll continue the conversation in a moment Sarah Leanne from east spring investments here.

Steven engel pennies bay quarantine center government of health authoriti university of Hong Kong Kathy hoku Ten San Francisco Bay Area Rochelle Walensky Hong Kong Bloomberg Doug Santa Clara county Sarah Boris Johnson hulk Asia CDC
"ten san francisco bay area" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

06:09 min | 1 year ago

"ten san francisco bay area" Discussed on Bloomberg Radio New York

"Tenths of 1% and in Sydney the ASX 200 is ahead just a tenth of 1% More on markets in about 15 minutes We update global news next at Baxter's in the Bloomberg 9 16 newsroom in San Francisco Eddie All right I have your Doug Hong Kong's health authorities are warning that the surge could overwhelm hospitals issuing an advisory that anybody who suspects he or she might be infected to not go now to the emergency room It says see a private doctor This reverses some advisories that were released just last week An SEM P is reporting out now that the government is shortlisting hotels for asymptomatic COVID patients New survey out of the university of Hong Kong says that only 13% of parents are willing to vaccinate their 5 to 11 year olds even if schools mandate it New York's governor Kathy hogel is lifting the mask mandate for businesses that do not check COVID-19 status Illinois lifting its indoor mask requirement as of February 28th ten San Francisco Bay Area counties dropping indoor mass requirements as of February 16th Massachusetts were left at school mask mandate at the end of the month and UK prime minister Boris Johnson plans to scrap self isolation rules for people who test positive for COVID This is the last major restriction left in the UK in San Francisco I'm a Baxter This is Bloomberg Paul All right thanks very much We joined this Excuse me by Christina wound She's investment director for Asian equities at Aberdeen And Christina of course the big macro event this week the U.S. inflation print What do you expect around that I think of the inflation trend It should probably be high as most people I expecting And I think that should tie in with what most people in the market are seeing in trajectory of rate hikes as well I think just having said that though if we look at inflation numbers across the rest of Asia it's quite different from what we've seen in the rest of the world The inflation numbers aren't as aggressively high as they are in safe for example the U.S. So if we look at governments where they actually do have a bit more flex in finding balance and how they want to deal with monetary policy So it's the global wave of Central Bank tightening and not just from the fed Do you think that's priced in Yes That's been quite tricky I think So when we I think a month or so ago and the market was pricing in about four rate height or so I actually thought that was about sufficient for the year and we've seen much of the downside priced in but then when we saw the hawkish FOMC minutes come up recently the market sold off again So I think that just goes back to how uncertainty and quality volatility is going to persist and we have to be quite selective So just getting back to your point on inflation it's not as aggressive in Asian markets But still it is rising What sort of impact do you see these rising input costs having on earnings Actually the look across many of the earnings that have been reported this current earnings season that's happening right now Many companies have mentioned that margins have been impacted So I think if you look at the range of impact that you've seen we've actually noticed that the companies that have stronger brands stronger modes or have actually a higher ability to pass through some of these costs and these are actually companies that are in structurally growing industries So I think for investors this could be an area that I think you could hide out in Yeah we've got we're in an era of policy divergence as well really well Many central banks around the world particularly in the western world begin to tighten and we do have the PBOC looking at keeping things easy Perhaps even loosening So in this era of policy divergence what do you make of the yuan Still pretty strongly offshore right now 6 36 54 Yes I think China's actually got quite a tight hand and ensuring that they are managing how things come across with this And they do have many levers to pull You're absolutely right They're actually quite different from the trend that we're seeing on a policy front across many of the other markets I mean just I think last month I think they were just a reducing base in China while the rest of the world was increasing them while talking about increasing that And I think it's because China is also very focused on the GDP growth number So you've got a number of things in there that have been weak last year property for example And I think this is going to perhaps help them manage that number for this year Yeah China also trying to adhere to we don't call it a zero COVID policy anymore dynamic clearing but still an aggressive stance on trying to keep their numbers low How sustainable is that And what kind of a drag as it creating for the economy It has definitely been quite disruptive for the economy I would say with all the restrictions that they've put through And I think the issue is because it's well I was dynamic of zero COVID depending on what you want to call it That has been quite tough I think our expectations is at least until the Olympics are over This policy will stay And beyond that I think we just have to see Yeah it gut feeling Do you think we're near the end of the pandemic Because it's time to look at some of these beaten up travel and hospitality stocks again Well I think valuations wise is pricing in quite a lot of downside If you do have the ability to nibble a bit here and there I don't think it's something we should ignore Alrighty Christina wound investment director for Asian equities at Aberdeen Thanks so much for joining us on Bloomberg daybreak Asia And in a moment we'll talk a little more about China the U.S. planning to hold China accountable for not meeting the purchase targets in the phase one trade deal A Jacob markets for you coming up as well This is brilliant This is a Bloomberg you could say big when you bundle.

Doug Hong Kong university of Hong Kong Kathy hogel prime minister Boris Johnson Bloomberg Paul Aberdeen And Christina San Francisco Baxter Bloomberg UK San Francisco Bay Area U.S. China Sydney Christina FOMC Massachusetts Illinois
"ten san francisco bay area" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:44 min | 1 year ago

"ten san francisco bay area" Discussed on Bloomberg Radio New York

"Think they are echoing the print that we saw from Lyft And Uber also up 5 and three quarter percent in aftermarket trading Foreman has passed the arnout time for chick of global news In Hong Kong is warning it has almost hit the ceiling and the number of COVID patients it can hospitalize it begs to stop details and yeah that's exactly right for the first step they say in the new advisories as an advisory that anybody who suspects he or she might be infected to not go to emergency rooms It says see a private doctor This advice overturns advice less than a week ago when it urged people to go to emergency units to get an official diagnosis and Bloomberg Steven engel now says this is having a domino effect But a lot of the milder cases are being transferred out of hospital out to the pennies bay quarantine center which is supposed to be for close contacts or arrivals on that lengthy 14 day quarantine process So it's a bit of a mess and Hong Kong's in a pickle on policy right now That's why they are launching these new rounds the tightest restrictions yet to date But again it puts into serious question Can Hong Kong maintain a zero COVID policy Yeah Hong Kong also reporting out its first deaths in 5 months So two of them and a new survey out of the university of Hong Kong complicates things says 13% of parents are willing to get vaccinated There are 5 to 11 year olds vaccinated So that leaves three quarters saying that they will not do it even if there's a school mandate New York's governor Kathy hoka is lifting the mask mandate for businesses that do not check COVID-19 status citing case numbers You saw those numbers Literally off the charts And now those numbers are coming down and it is time to adapt Yeah hulk says a high inoculation rates and low transmission Illinois lifting its indoor mass requirement as of February 28th Ten San Francisco Bay Area counties dropping indoor mass requirements as of February 16th The states say unvaccinated people will continue to have to mask up Massachusetts will lift at school mask mandate at the end of the month CDC director Rochelle Walensky says the agency is still monitoring numbers The current 7 day daily average of cases is about 247,300 cases per day A decrease of about 44% over the previous week We'll ask you as a good for this to be done as long as talking about unmasking as long as the region's act and a responsible way UK prime minister Boris Johnson plans to scrap self isolation rules for people who test positive for COVID Provided.

Hong Kong Steven engel university of Hong Kong Foreman Kathy hoka Ten San Francisco Bay Area Rochelle Walensky New York Illinois CDC Massachusetts prime minister Boris Johnson UK
"ten san francisco bay area" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:31 min | 1 year ago

"ten san francisco bay area" Discussed on Bloomberg Radio New York

"More normal for sure So let's start in Hong Kong The first step they say is advisory that anybody who suspects he or she might be infected to not go to emergency rooms see a private doctor Now this advice overturns advice less than a week ago when it urged people to go to emergency units to get an official diagnosis and Bloomberg Steven angle says this is well it's having a domino effect And a lot of the milder cases are being transferred out of hospital out to the pennies bay quarantine center which is supposed to be for close contacts or arrivals on that lengthy 14 day quarantine process So it's a bit of a mess and Hong Kong's in a pickle on policy right now That's why they are launching these new rounds the tightest restrictions yet to date But again it puts into serious question Can Hong Kong maintain a zero COVID policy Now Hong Kong is also reporting out its first COVID deaths in 5 months And that the complicate things even more a new survey out of the university of Hong Kong says that 13% of parents are not willing to vaccinate or 13% are willing to vaccinate their 5 to 11 year olds even if schools mandated only 13% to go along with a mandate New York's governor Kathy hoka is lifting the mask mandate for businesses that do not check COVID-19 status citing case numbers You saw those numbers Literally off the charts And now those numbers are coming down and it is time to adapt Yeah hulk says the high inoculation rates low transmission as well Illinois lifting its indoor mask requirement as of February 28th Ten San Francisco Bay Area counties are dropping indoor mask requirements as of February 16th Massachusetts will lift at school mask mandate the end of the month CDC director doctor Rochelle Walensky says the agency still is monitoring numbers The current 7 day daily average of cases is about 247,300 cases per day a decrease of about 44% over the previous week Doctor walensky says good to be this can be done as long as they act in a responsible way of talking about the open up and UK prime ministers going even further Boris Johnson plans to scrap self isolation rules for people who test positive for COVID Provided the current encouraging trends in the data continue It is my expectation that we will be able to end the last domestic restrictions including the legal requirement to self isolate if you test.

Hong Kong Bloomberg Steven angle university of Hong Kong Kathy hoka Ten San Francisco Bay Area Rochelle Walensky walensky hulk New York Illinois CDC Massachusetts COVID Boris Johnson UK
"ten san francisco bay area" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

05:49 min | 1 year ago

"ten san francisco bay area" Discussed on Bloomberg Radio New York

"On markets in about 15 minutes Ed Baxter has global news from the Bloomberg 9 60 user in San Francisco Eddie He Douglas and it's not good coming out of Hong Kong health authorities warning that the surge could overwhelm hospitals issuing advisory that anybody who suspects he or she might be infected not to go to an emergency room It says see a private doctor will have more Bloomberg's Steve angle at the bottom of the hour New York's governor Kathy hoke is lifting the mask mandate for businesses that do not check COVID-19 status Illinois lifting its indoor mask requirement as of February 28th Here in a ten San Francisco Bay Area counties dropping indoor mass requirements as of February 16th UK prime minister Boris Johnson plans to scrap self isolation rules for people who test positive for COVID This basically is the last of the pandemic restrictions Dramatic step due to take effect later this month the EU will snub a request by Russian foreign minister Sergei Sergei Lavrov for its nations to respond individually to Moscow's demands on a regional security framework They say they will respond together In San Francisco I'm at Baxter This is Bloomberg Haas Let's get back to markets Kim four is founder and CIO at Boca Capital Partners for markets outlook Kim we talked about how sentiment seems to be supported by earnings Disney Uber case in point I'm wondering where do you see the best opportunities Well I generally don't like to play a short term kind of theme I really like longer term themes So my themes tend to be more business oriented Companies that sell to businesses And also my background is in technology So I do love tech And what I really love is productive tech So that would be any kind of hardware software that businesses deploy to make their workers more productive At the bottom of this is the semiconductor It is the lowest common denominator whether or not you're a consumer that loves tech or a business that's trying to be more productive you're going to deliver that information on semiconductors So that is right now My favorite kind of low hanging fruit sector And it seems counterintuitive A lot of people are worried about that going to have stagflation and that we're going to slide into another recession if the fed raises rates too much But I'm looking out further saying we need technology to help us live better Yeah the rate of change in tech has been just phenomenal I mean I think the pandemic underscored that on a certain level just in terms of communication but when I hear you talk about making workers more productive and I hear the word technology my mind jumps to AI and robotics and the factory of the future and actually getting rid of workers is that a theme that you can put money to work in these days I mean robotics and AI I think so And here's why It's no longer about getting rid of workers We don't have enough workers I think that is what has become really clear in the last couple of years Maybe people are aging out maybe they're wealthy in the west and have decided they no longer have to work But here in the U.S. we've been having a lot of trouble getting people to show up to work So capital and labor can be substitutes for one another And I think that things like AI which it's just a bunch of techniques I used to work in it I love it but it isn't the magic people think it is But it is very effective in some applications just to do things better faster stronger So I certainly think robotics is going to play a big part in the future But I don't think it's going to be like human looking robots It's going to be these little specialized machines that do stuff What about when it comes to chasing you Kim I mean the U.S. used to be the case It used to be the place to chase you because you can't find yield anywhere else But the environment is changing We're seeing rising yields even in Japan For the bond market where do you see the opportunities Right Right Well I think you always have to look at what you're going to do to the currency to get into that yield right So that is going to play into it as well And I think the stability of whether or not you're getting paid back that you're a lender when you're buying bonds And I think that is really important especially whenever I talk to regular consumers and they're asking me do I like these higher yielding things A lot of times that's a note of caution Should be taken approaching really high yields And I think that you have to really think long and hard about who you're lending money to And are you getting a back Because that yield might be big but if you don't get a 100% of what you're lending back that really wasn't the bargain that you thought it was going to be Cam all this a pleasure to have you came for is founder and CIO at Boca Capital Partners with her markets music course Keeping here with us we'll take a look at the market in depth.

Ed Baxter Steve angle Kathy hoke Sergei Sergei Lavrov Boca Capital Partners San Francisco Kim Boris Johnson San Francisco Bay Area Bloomberg Eddie Douglas Hong Kong Baxter Moscow Illinois EU Disney New York UK
"ten san francisco bay area" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:43 min | 1 year ago

"ten san francisco bay area" Discussed on Bloomberg Radio New York

"Yeah I say hey we mentioned yesterday that the assured reported day to today was over 1100 cases Well we haven't gotten today's numbers yet but this is the first step they say in advisory that anybody who suspects he or she might be infected not to go to emergency rooms It says see a private doctor Now this advice overturns advice less than a week ago when it urged people to go to emergency units to get an official diagnosis So this U turn would seem to reflect the rapid deterioration of services yesterday's numbers as I mentioned topped 1100 will get the update later today probably a couple of hours New York's governor Catholic is lifting the mask mandate for businesses that do not check COVID-19 status citing case numbers He saw those numbers Literally off the charts And now those numbers are coming down and it is time to adapt Yeah huckel says high inoculation rates and low transmission as well Illinois lifting its indoor mask requirement as of February 28th will stay on to apply to public schools Ten San Francisco Bay Area counties are dropping into our mask requirements as of February 16th Massachusetts will lift at school mask mandate at the end of the month CDC director doctor Rochelle Walensky says the agency is still monitoring numbers The current 7 day daily average of cases is about 247,300 cases per day a decrease of about 44% over the previous week And while lansky says it's good for this to be done as long as people act our states act or localities act in a responsible way UK prime minister Boris Johnson plans to scrap self isolation rules for people who test positive for COVID Provided the current.

huckel Ten San Francisco Bay Area Rochelle Walensky New York Illinois CDC Massachusetts lansky prime minister Boris Johnson UK COVID