‘Bloomberg Markets: The Close’ Full Show (05/08/2020)

‘Bloomberg Markets: The Close’ Full Show (05/08/2020)

I AM SCARLET FU. TGIF, ROMAINE.. A LOT OF THE RALLY TODAY COMING. SHORT END OF THE TREASURY CURVE.. ARE SEEING IN RISK ASSETS.. LET'S GO TO MARK CRUMPTON. WHITE HOUSE AIDE HAS TESTED. WHITE HOUSE GROUNDS TESTED. ENCOURAGING NEWS FROM NEW YORK. GLOBAL NEWS 24 HOURS A DAY ON. AIR AND ON QUICKTAKE BY. BLOOMBERG POWERED BY MORE THAN. 2700 JOURNALISTS AND ANALYSTS IN. OVER 120 COUNTRIES.. I AM MARK CRUMPTON.. THIS IS BLOOMBERG. SCARLET?. SCARLET: THANK YOU SO MUCH,. MARK.. U.S. WORKERS ARE FACING THE. HARSHEST DOWNTURN IN AMERICAN. HISTORY.. EMPLOYERS CUT A RECORD 20 .5. MILLION JOBS IN APRIL.. THAT MORE THAN TRIPLED THE. UNEMPLOYMENT RATE TO ORTEGA 7%,. THE HIGHEST -- 14.7%, THE. HIGHEST SINCE THE GREAT. DEPRESSION.. FOR A LOOK AT HOW INVESTORS ARE. INTERPRETING THE DATASET, LET'S. BRING IN THE HEAD OF ACTIVE. EQUITY AT WELLS FARGO ASSET. MANAGEMENT.. BEFORE THE JOBS REPORT, THERE. WAS A LOT OF NERVOUS. ANTICIPATION. SOME ESTIMATES HAD. IT CLIMBING. AS HIGH AS 25%.. PEOPLE ARE SAYING JUST THE FACT. THE REPORT HAS COME AND GONE. KIND OF BOOSTS RISK APPETITE.. DOES the SOUND RIGHT TO YOU?. >> YOU KNOW, IT IS A LITTLE BIT. ABOUT THAT.. I ALSO