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June 28, 2024
Better sales, higher profits from our Great American companies are why this market sometimes feels like you can buck anything. Dow gaining and nasdaq advancing 6. 9 to a new all time high even as the price of oil plummeted and the president s tax plan seems like it could be a real stretch to get through congress. First let me reiterate what i said all along about the markets doing really well. Not about trump or the tax cuts or the fed or the overall economy. Im not saying washington is a sidesh...
June 28, 2024
Roger ailes, has died. It is said he died from bleeding on the brain caused by a fault or he was 77. Global news 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. This is bloomberg. Emily coming up, donald trump saying and fbi director could be named soon. And is it the end of the internet . The first moved to roll back neutrality. Alibaba profit takes a hit. Andill head to hong kong put the fourth gambles under the microscope. A message to big tech w...
June 28, 2024
Roger ailes, has died. It is said he died from bleeding on the brain caused by a fault or he was 77. Global news 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. This is bloomberg. Emily coming up, donald trump saying and fbi director could be named soon. And is it the end of the internet . The first moved to roll back neutrality. Alibaba profit takes a hit. Andill head to hong kong put the fourth gambles under the microscope. A message to big tech w...
June 27, 2024
Ring the register 24 hours ago, all i kept hearing was sell the news. The trump rally is tired. The guys too divisive. Hell never get anything done. Time to take profits. Oh, you heard it too. The bulls long in the tooth. The rotations are over. A lot of really smart guys said its time to get out. Buy the puts. Put on the shorts. Sell, sell, sell. Well, they shouldnt look all that smart today. Dow surging 303 points. S p pole vaulting 1. 37 . Nasdaq soaring 1. 35 . Hallelujah this is why i alway...
June 27, 2024
Forbid, one day we get too restrictive policy that would end financial repression. Which year when we get there. Would we get there . Bill i think it would take longer than two years. To contract is neutral interest and right now it is below zero and it has been below zero the last five years. Prior prior to lehman brothers, it was 1 or 2 . What is the answer for a high level world that was damaged significantly in 2009 and 2010 . The fed is proceeding gradually. I think the neutral rate of inte...
June 26, 2024
Some deals are more equal than others, and some never even get done because of factors beyond the control of the dealmakers. These aborted takeovers can make the entire market go up or down because they remind you just how fragile stocks can be like in todays muted session where the dow only finished down 13 points, s p inched up 0. 5 , and nasdaq declined 0. 17 after a very rocky morning. Knowing how to identify a good makes us better investors because it means well be ready to buy stocks on th...
June 26, 2024
Others, and some never even get done because of factors beyond the control of the dealmakers. These aborted takeovers can make the entire market go up or down because they remind you just how fragile stocks can be like in todays muted session where the dow only finished down 13 points, s p inched up 0. 5 , and nasdaq declined 0. 17 after a very rocky morning. Knowing how to identify a good deal or what can kill a deal makes us better investors because it means well be ready to buy stocks on the ...
June 26, 2024
Islam asked a took credit for the result, likely used to distract from the battle islam it state took credit for the assault, likely used to distract from the battle mosul. The pulse nightclub has reopened after the worst mass shooting in United States history. Global news 24 hours a day powered by more than 2600 overalists and analysts in 120 countries. I am mark crumpton. This is bloomberg. Scarlet we are 30 minutes from the close of trading. Live from bloombergs World Headquarters in new york...
June 26, 2024
Americas michael moynahan, and michael dell. Consumers are spending and we feel good about the u. S. Ofweve see plenty opportunity organically to consolidate. Its all straight ahead on bloomberg best. Hello and welcome. Bloomberg best, your mosty review of the important Business News and analysis from around the world. Several investment banks released earnings this week and with the sector coming off a string of lackluster quarters, investors watched anxiously as bank of america reported on mon...
June 26, 2024
Americas michael moynahan, and michael dell. Consumers are spending and we feel good about the u. S. Ofweve see plenty opportunity organically to consolidate. Its all straight ahead on bloomberg best. Hello and welcome. Bloomberg best, your mosty review of the important Business News and analysis from around the world. Several investment banks released earnings this week and with the sector coming off a string of lackluster quarters, investors watched anxiously as bank of america reported on mon...