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July 16, 2024
Chart for the markets. Obviously we would start there, thats what dan nathan is calling this stock so dan, why dont you walk us through what this is and why its so important to investors lets talk about jm porgen. This is a best of breed bankheading into the crisis. The stock was trading at an all time high. There were a lot of investors out there in january signaling this is a chart representative of the economy that were in, prepandemic, i just have to tell you, this thing has acted pretty hor...
July 16, 2024
Sector of the year and the decade the Investment Committee is ready to go, Halftime Report starts right now welcome, good to have you with us on this friday our Investment Committee today, joe, jack, steve and liz, director of Market Strategy and margaret reed, senior Portfolio Manager with union bank. Lets begin with the jobs blowout, the reaction in the stock market perhaps the belief is that we can have the yearend rally after all. This says to me phase one. You just need the economy to keep ...
July 16, 2024
The real surprise was the pathetic action in the slowdown stock. We got powerful evidence the Global Economy is deteriorating and the stocks that should be rallying, they rolled over let me walk you through this one. Last time we got devastating news from basf its a german enterprise thats the Largest Companies on earth they make pesticides, consumer products, practically everything it was a very, very big deal when this Gigantic Company said they might need to slash the fouryear earnings foreca...
June 29, 2024
Source. The United Nations Security Council has gathered for an emergency meeting to discuss the worsening crisis in myanmar. While that meeting was going on, the un secretary general Antonio Guterres was adding his voice to the debate over the hundreds of thousands of Rohingya Muslims whove fled appalling violence. Grievances that have been left to fester for decades have now escalated beyond myanmars borders, destabilising the region. The humanitarian situation is catastrophic. When we met las...
June 27, 2024
I have no information supporting those tweets. Trump now stands alone in insisting he was wiretapped. Whats his next move . Mysterious suspect. Video emerges showing a man allegedly carrying tom bradys stolen jersey. That jersey, along with one that brady wore at another super bowl, now in the hands of the fbi. Where is that suspect today . Why hasnt been an arrest . And today exclusive. Members of the famed wallenda family speaking out together about the highwire accident that left several of t...
June 27, 2024
Mysterious suspect. Video emerges showing a man allegedly carrying tom bradys stolen jersey. That jersey, along with one that brady wore at another super bowl, now in the hands of the fbi. Where is that suspect today . And today exclusive. Members of the famed wallenda family speaking out together about the highwire accident that left several of them injured. We questioned, was it our fault . Will they return to the wire . Nik is here live with a big announcement today, tuesday, march 21st, 2017...
June 27, 2024
Mysterious suspect. Video emerges showing a man allegedly carrying tom bradys stolen jersey. That jersey, along with one that brady wore at another super bowl, now in the hands of the fbi. Where is that suspect today . And today exclusive. Members of the famed wallenda family speaking out together about the highwire accident that left several of them injured. We questioned, was it our fault . Will they return to the wire . Nik is here live with a big announcement today, tuesday, march 21st, 2017...
June 23, 2024
Since 2007. Emily i am emily chang and this is bloomberg west. Coming up, alibaba founder jack ma is in talks to buy a stake in one of asias most venerable newspapers. Plus, highspeed Internet Access means no day of rest for holiday shoppers. Cyber monday to sunday. And hewlettpackard has standalone results tomorrow. We will preview the numbers for Hp Enterprise and hp queue. First, to our lead. Jack ma is in talks to buy a newspaper. He would be following in the footsteps of other tech executiv...
June 23, 2024
Definitely the sharpest selloff since the Market Correction in august of last year. A lot of it has to do with the steep selloff in china over night and we had tensions ratcheting up in saudi arabia. We have had a little bit of a recovery. Off the lows of the session. A look at my bloomberg terminal. We have volume increasing over the past several months. Financial volume up considerably. Volume up about 58 and not necessarily a good sign if you see a lot of volume on a down day. Big cap tech fo...
June 23, 2024
Valued at more than 380 million. China shenzhen off by a fraction. Asia singapore tokyo and mumbai. I am back in half an hour. Time now for bloomberg west. Emily i am emily chang and you are watching bloomberg west. President obama is defending his plans to go around congress to tighten the nations gun control restrictions. After meeting with attorney general Loretta Lynch and other officials, the president said his actions are within legal authority. Iran is expressing regret over to attacks on...