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June 30, 2024
Loss overall to the quarter. The stock is trading higher in the market, up over 1 as you can see there. Heart,me karen it will who covers g4s. Ge for us. So it comes back to power. Margin, 2. 8h a 3 percent, which was totally surprising. Sales were down 15 , really bad. Voters are down 25 , so this will continue. The order of magnitude is worse in terms of profitability. David when you we knew they were struggling with power. Is this worse than what the market expected . , 6 operatingy 5 margin ...
June 29, 2024
Schedule so were going to start the interview right now and go for about 50 minutes and then gary will have to leave, go for an announcement at the white house and i will then make my scintillating announcements about everything and then the main course will be served then. Okay . So, gary, let me first introduce you. Gary is the assistant to the president for Economic Policy and head of the National Economic council. Had that position from the beginning of this administration. He is by backgrou...
June 28, 2024
Ranges i agree and it occurred to me again why the market went up yesterday, we just dont know how to enjoy good things, good times. I mean, it really looks like we have maybe progrowth policies, Interest Rates that will probably still stay low. Inflation that probably wont be a problem. Everybody is worrying about Profit Margins hitting peak because wage gains will start hurting Profit Margins its bad for income inequality, but in the meantime Profit Margins stasy sustained. Everyone is saying ...
June 27, 2024
Decade. Yousef it is 8 00 across the emirates. This is Bloomberg Markets middle east. David just past midday in hong kong. When you look at the markets, i would describe it as a tepid start. It is fairly mixed out there. Bull or bear, you can make the case. Bond markets, a consistent theme. Yields are up across the region. Ore prices in china following the fixing after their prices entered the their market into the weekend, yousef. Yousef i am watching some key gainsssets, crude holding after sp...
June 26, 2024
Bigger bonuses at his office. But there is a catch. Well tell you what it is. Its a great story. A new battle between apple and google and this time google is beating on the latest back to school shipments and the impact its having on the tech giants and their laptop offerings. First lets have reaction to the feds minutes that were released about an hour ago. There, weve done it. No, lets have bob posani tell us about it. Hes tracking the movement on the floor. Not much different, right . The he...
June 26, 2024
[inaudible conversation] [inaudible conversation] [inaudible conversation] [inaudible conversation] [inaudible conversation] [inaudible conversation] [inaudible conversation] the meeting will come to order without objection. The chair is authorized to declare recess at any time. This hearing is entitled examining the sec agenda operations in fy 2018 budget request. I now recognize myself or three minutes to give an opening statement. I warn everybody i will take a lot longer because there is una...
June 26, 2024
I said we would do as many of them as we could. Weve basically set the agenda for the rest of the year and into january. You dont see any i dont see any lastminute rushes. I intend to carry out the agenda i outlined in february of 20 1y50i6r 16 as much as i can. In the bloomberg report, it says u. S. Consumers are increasingly defaulting on loans made online. They talk about delinquencies and default reaching key levels known as triggers, four different sets of bonds reaching those levels. To st...
June 26, 2024
Fabulous book. Guest thank you. Host ive known Alan Greenspan for many, many years, and we worked together closely when i was his vice chair, and hes a complicated man, and these were complicated times, and i think you got it about right. But lets start at the beginning. You wrote interestingly about the influence of his parents. Could you talk a little bitt about that on his career choices . Guest yeah. Alan greenspan had an unusual upbringing in the sense that raised in the 1930s, he was the c...
June 26, 2024
Fabulous book. Guest thank you. Host ive known Alan Greenspan for many, many years, and we worked together closely when i was his vice chair, and hes a complicated man, and these were complicated times, and i think you got it about right. But lets start at the beginning. You wrote interestingly about the influence of his parents. Could you talk a little bitt about that on his career choices . Guest yeah. Alan greenspan had an unusual upbringing in the sense that raised in the 1930s, he was the c...
June 26, 2024
Impressed. The index at a threeyear high. Kong, 4 00 a. M. In london. By where it is 8 00 a. M. , welcome to Bloomberg Markets middle east. What are you looking at today . Asia, globale in investors taking a closer look at i it is weakening and there is a lot of volatility when it comes to the yuan. Jump into my bloomberg and see what i mean. Exchange, it stock has surged to a record in november. As you can recall, it has been a wild month for global markets, ofecially after the surprise some of...