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July 16, 2024
Ahead on washington journal, your thoughts and reaction to the events of the last few days as President Trump continues his treatment for covid19. We are dividing our phone lines regionally. 202 7488000 if you live in the eastern or central time zones. Those of you out west, 202 7488001. Send us a text message at 202 7488003. You can join us on social media, on twitter, and on facebook. Good sunday morning. Thanks for being with us. A lot to get to in the next couple of hours, including this hea...
July 16, 2024
Fed chair is currently testifying to the house ways and means committee. Whether it is eu in china or the u. S. In china, we will break that down. We will have exclusive interviews with the erickson ceo. The main story continues to be the fed. The pandemic may threaten the stability of longterm Inflation Expectations. That was according to the vice chair yesterday. I judge that measures of longerterm inflection Inflation Expectations were at the downturn at the lower end of the range that i cons...
July 16, 2024
Mr. Chief justice, and may i please the court, it is a fundamental principle of the trademark law no party can make a trademark for a generic term. As explained a generic term is never entitled to trademark protection no matter how much money and effort the user has poured into the merchandise and in securing public identification. In other words, second remaining as required for distinctiveness is simply irrelevant to the generic term. That principle here is undisputed that its generic for the ...
July 16, 2024
Down the fort. Action, and as well in those money market funds. I was looking at the statistics. Money market funds pulled in 150 billion this week, while surpassing the peak of 2008. That is where we are seeing the stresses this week. Everyone just wanted cash. Francine whats amazing also is that the conversation started with small and Mediumsized Enterprises that may actually need support. Are we going to have governments take over in chunks some of the Big Companies to make sure they are safe...
July 16, 2024
From istanbul to london to washington, our bloomberg voices are on the ground with this mornings top stories. We begin with a pause in the trade war. President trump hailed the signing of the 86 page document as an important step towards a fairer trade deal with china. We take a momentous step, one that has never been taken before with china, toward a future of fair and reciprocal trade as we side phase one as we sign phase one of the historic trade deal between the United States and china. Alix...
July 16, 2024
Radical campaign for real change in this country. I look forward to campaigning ina this country. I look forward to campaigning in a general election all over the country. Now, the wrangling in the house of commons is over what day the public will vote. Meanwhile, 10 of the 21 tory mps expelled by the conservative party have personally been invited back into the fold by Prime Ministerjohnson. A warm welcome to viewers here in the uk and around the world. The United Kingdom is heading towards its...
July 16, 2024
With hundreds of job cuts in its trading division. Banks either trading revenue slump. Banks see they are trading revenue slump. Matt we have breaking news out of the financial industry. Profitpany sees pretax materially below 2018. 2019 will be a big drop in pretax profit. The first half net fee and Commission Income was 171 million francs. Pretax profit was 2. 1 million swiss francs. Just. E money it has named a new ceo, Peter Sanderson will be the new ceo of gam. They are also lending a new c...
July 16, 2024
To their business. Bitcoins rally starting to waver again. The price of the currency down double digits since friday. First to our top story. Any victory for beijing, President Trump said he would hold off on any further tariffs for now and would relax constraints on huawei. Manyonstraints remain and say optimism is overdone as many try to figure out what form the relief will take. Huawei is still on the list usually reserved for rogue regimes and affiliated companies. On sunday, White House Nat...
July 16, 2024
Index. The 10 year yield bouncing around a little bit, still at 2. 05 , little higher than the last few days. Guy fed chair Jerome Powell before up to testify Congress Tomorrow as the white house keeps up pressure on the central bank to cut rates. We are joined by pimco Portfolio Manager and sovereign credit analyst. Good afternoon. Would you buy or sell the u. S. Tenyear into the powell testimony . What does he have to do to move the needle . Guest we think powell will roughly compare market ro...
July 7, 2024
Shery theyre watching daybreak asia coming to you live from new york, sydney and hong kong. Annabelle counting down to asias major market open. Paul a risk off move as fears of further rate hike go further south for u. S. Stocks and bonds in the intervention alerts zone as we wait for japan cpi numbers. Beijing is said to tell state owned banks to step up in the pboc also chiming in to stop yuans slide. Goldman sachs planning a hiring spree to address regulatory concerns from authorities, includ...