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Bloomberg taking steps to enter 2020 Democratic presidential race

CBS News Thursday, 7 November 2019
Former New York City Mayor Michael Bloomberg is taking steps to enter the 2020 Democratic presidential campaign. Bloomberg, 77, has dispatched aides to Alabama to file paperwork in the state to run as a Democrat. CBS News political correspondent Ed O'Keefe joins CBSN's Elaine Quijano with the latest.
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Video Credit: CBS4 Miami - Published
News video: Former New York Mayor Bloomberg Considering Run For Democratic Presidential Nomination

Former New York Mayor Bloomberg Considering Run For Democratic Presidential Nomination 01:34

Debra Alfarone reports Michael Bloomberg, who was once a Republic and then an Independent, registered as a Democrat last year.

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Michael Bloomberg Michael Bloomberg American businessman and politician

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Bloomberg L.P. Bloomberg L.P. Financial, software, data, and media company based in New York City

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The Federal Reserve is targeting above 2% inflation. Scott Minerd, Guggenheim global CIO told Bloomberg on Wednesday it is "virtually impossible" for the Fed to achieve that without creating a bubble in asset prices. "The reality is that the inefficiencies that are building up in the system." Minerd said misinformation and mistaken investments will pose a challenge to investors.

Credit: Wochit News    Duration: 00:31Published
Apple designs COVID-19 face masks for its employees [Video]

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Credit: ANI    Duration: 01:10Published
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Credit: Reuters Studio    Duration: 00:54Published
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The stock market is poised for another ten-year bull run. That's according to Brian Belski of BMO Capital Markets. Belski told Bloomberg that the stock market's low on March 23 was the "control alt delete" reset button for the next 10-year bull run. It will be the second half of a 20-year secular bull market. He cautioned investors to not play the same strategy that they did following the 2008 financial crisis.

Credit: Wochit News    Duration: 00:37Published

Democratic Party (United States) Democratic Party (United States) Major political party in the United States

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Credit: Reuters - Politics    Duration: 02:07Published

New York City New York City Largest city in the United States

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Ed O'Keefe (journalist) Ed O'Keefe (journalist) journalist

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Trump slams Dr. Fauci, downplays coronavirus as cases rise across U.S.

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Alabama Alabama State in the southeastern United States

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