‘Bloomberg Surveillance’ Full Show (06/16/2020)

‘Bloomberg Surveillance’ Full Show (06/16/2020)

00:00 FRANCINE: FRESH STIMULUS.. GLOBAL STOCKS JUMP ON THE NEWS.. DEMAND LIKE IN THE COMING YEARS.. NEW YORK CRUDE WTI PRETTY MUCH. LET'S GET A BLOOMBERG NEWS. >> PRESIDENT TRUMP IS WEIGHING. SEEM CLOSER TO A BREXIT DEAL.. SOURCES SAY INJECTED NEW. THE SUPREME COURT HAS RULED. FEDERAL LAW PROTECTS GAY AND. GLOBAL NEWS 24 HOURS A DAY ON. INDIVIDUAL CORPORATE BONDS. UNDER IT SECONDARY MARKET. CORPORATE CREDIT.. THE EMERGENCY LENDING PROGRAM. PURCHASED ONLY ETF'S.. IN THE STATEMENT, THE FED SAID. IT WILL BASE ITS BUYING. STRATEGY ON A BROAD INDEX.. ISSUERS WON'T NEED TO CERTIFY. THEIR ELIGIBILITY.. THE ADMINISTRATION IS. CONSIDERING A PROPOSAL WHICH. WOULD SAY ALMOST $1 TRILLION. BEING SPENT ON INFRASTRUCTURE.. JOINING US IS CHIEF INVESTMENT. OFFICER AT RATHBONE'S.. YOU DON'T FIGHT THE FED I KEEP. BEING TOLD.. WHAT IS THIS MEAN GOING FORWARD?. -- WHAT DOES the MEAN GOING. FORWARD?. >> PARTICULARLY IN THESE TIMES. WHEN PEOPLE ARE BANKING ON THE. FED.. SURPRISING NATURE OF THE. PACKAGE THEY ARE GOING TO USE. TO BUY the BONDS, A. SUGGESTION OF AT LEAST A. BILLION A DAY AND PEOPLE BEFORE. HAVE BEEN JUST BOOK -- BEFORE. THEY HAD BEEN JUSTIFYING IN THE. ETF MARKET.. -- JUST BEEN