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July 16, 2024
150,000 mark as texas, california and florida see record fatalities. Infections spike in china, hong kong and japan as well. Hill. Tech titans on the the ceos of amazon and alphabet and Facebook Face a virtual grilling over antitrust. Haidi lets get you started with a check of the markets. U. S. Futures opening flat, slightly higher that by. 1 . This after we saw u. S. Stocks extending gains in the regular session, the dollar declining estate as dovish as possible. The s p 500 gained more than 1...
July 16, 2024
You cant when the nasdaq is running like this. A 7 gain in index, you almost have to realize everybodys price target has to come up. Its baffling and confusing people who are not in the stock market but making a lot of sense to professionals who realize oh, my, god to chase. Yeah. Banks will get jp morgan tomorrow theres a lot of discussion about the commentary will matter more but also the idea that because of where estimates are, you could see some upsize to prizes another upside out of bsf. J...
July 16, 2024
Thanks for taking my question, you added a sentence into the statement about the course of the economy depends on the path of the virus is this do you feel this idea or view is not widely enough understood do you feel you had warned back in may that too early reopening or cautious reopening might harm the economy do you feel that message is not heard and some of these reopenings took place perhaps sooner than they should have i think we feel that it might be the most central fact or the most cen...
July 16, 2024
Get started here this morning. Look, i think that we are actually experiencing something that we havent lately which is that the analysts are almost entirely positive, and yet there is an underlying current both from the unemployment claims, which they are never going to be good until we get a vaccine. And also a general on wee that we dont have it under control, there i am talking about covid19 so why own anything . I think that thats an incorrect view there were many many piece this is morning...
July 16, 2024
Stress level. That doesnt stop until you get home and ive always been fascinated by these stories true stories that it really examines that examines these these really tough times. This one in particular happened in 2009 in afghanistan in the valley of kamdesh an area kamdesh in afghanistan. It really just its all of the good guys the 50 or so guys to run into there at this hour is this remote outpost but that was the peano by all accounts street running a terrible terrible attack to live. In an...
July 16, 2024
Singapore and malaysia as well. The Peter Navarro episode, if it is any indication how sensitive markets are to the slightest hint of bad news, that tells you the story of volatility in store for markets in the second half of the year. A quick check on the risk radar. Aussie yen coming off a little bit, that tells you where we are in terms of Risk Appetite. We were closing in on 79 a few weeks ago. Brent crude, some upside. Lets get you up to speed with other top stories we are watching. It lawm...
July 16, 2024
Bring you insider insight on the decision and what lies ahead for the u. S. Central bank clutched at the Federal Reserve has propped up markets in the u. S. It is posed an interesting issue for a major debt holder china and later the race is on for the head of the World Trade Organization and the European Union is weighing in we bring you the latest on the run with a packed show today so lets dive right in. And we leave the program with the latest policy update from the Federal Reserves federal ...
July 16, 2024
It is posed an interesting issue for a major debt holder china and later the race is on for the head of the World Trade Organization and the European Union is weighing in we bring you the latest on the run with a packed show today so lets dive right in. And we leave the program with the latest policy update from the Federal Reserves federal open Market Committee as expected fed chair Jerome Powell and mts Interest Rates will hold near 0 through 2022 but the real question has been what action wil...
July 16, 2024
Good morning, everyone. This is bloomberg surveillance. I am Francine Lacqua here in london. The markets are really focused today in the u. S. , that second wave, we were debating on whether we could call it a second wave. Big resurgence of cases. Alsos are down, futures down. Rates, but also because jay powell talking about the economic a coverage. Rebounding from the losses we saw yesterday. Gold actually holding after most of yesterdays gains. Now lets get to the bloomberg first word news in ...
July 16, 2024
Spread have induced a sharp decline in Economic Activity and a surge in job losses indicators of spending and production plummeted in april and a decline in real g. D. P. In the Current Quarter is likely to be the most severe on record. Even after the unexpectedly positive may employment report youre only 20000000. 00 jobs have been lost on net since february and the Unemployment Rate has risen about 10 Percentage Points to 13. 3 percent. The u. S. Central bank says it expects g. D. P. To contra...