Bloomberg Daybreak: Asia – Full Show (06/16/2020)

Bloomberg Daybreak: Asia – Full Show (06/16/2020)

00:00 HAIDI: VERY GOOD MORNING.. -- ASIA'S MAJOR MARKET OPENS.. THE NEWS LIFTED WALL STREET AND. LOCAL CORONAVIRUS CASES PASSED. STATES MAY PUT REOPENING ON. MARKETS ARE DOING ON BOJ. FUTURES ARE LOOKING POSITIVE.. NIKKEI FUTURES TRADING HIGHER. TRADING SESSION BEGINS, TRADING. OF RISK-TAKING RIGHT NOW?. WE HAVE SEEN EARNINGS HAVING NO. MEANING GIVEN THE CORONAVIRUS. PANDEMIC.. WHEN IT COMES TO THE VALUATION. FACTOR, IT SEEMS TO BE BEING. CHEAP MEANS BEING MORE RISKY.. WHAT ARE YOU LOOKING AT RIGHT. NOW? BEN:. WE ARE LOOKING AT THE SAME. FACTORS WE HAVE ALWAYS LOOKED. AT.. WE CARE ABOUT HOW MANY DOLLARS. OF EARNINGS YOU GET WHEN YOU. BUY A DOLLAR IN THE MARKET.. THAT DOES NOT LOOK PARTICULARLY. GOOD IN THE U.S., PARTICULARLY. IN U.S.. LARGE-CAP STOCKS.. THERE ARE PLACES AROUND THE. WORLD WHERE YOU ARE GETTING. MORE DOLLARS OF EARNINGS FOR. YOUR DOLLAR OF INVESTMENT AND. WE ARE MORE EXCITED ABOUT THOSE. PLACES, BUT FRANKLY, WE ARE. WORRIED THAT THE MARKETS ARE,. TO SOME DEGREE, LIVING IN A. FANTASY LAND AT THE MOMENT.. ASSUMING the THINGS ARE GOING. TO CONTINUE GETTING BETTER. WHEN AS THE DATA. SHOWS, YOU KNOW, THE VIRUS IS. NOT UNDER CONTROL IN THE U.S... EVEN