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BLOOMBERG Bloomberg Surveillance July 12, 2024

Moment of negative Interest Rates as well. As you leave the hour, francine, the United States excuse me by theington transfixed battle between the president and mr. Bolton. It has changed overnight into new legal action by the president. Francine nothing like an injunction to sell a new book. Lets get straight to bloomberg first word news in new york city with ritika gupta. Take a coke china is vowing retaliation for u. S. Ritika china is vowing the government of the u. S. Has set , sanctions fo...
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BLOOMBERG Bloomberg Surveillance July 12, 2024

Today, but you are absolutely correct. We have ebbed away in the last few hours or so. The events over the weekend are absolutely extraordinary, and they are original and unique versus other times of unrest in this nation. Gatesan and the of the and the events of the weeks to come will be remarkable as well. The equity market is totally unchanged at 7 00 a. M. Eastern. As we count people down to that payrolls report this coming friday, we are approaching 20 unemployment. Tom my calculation over ...
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BLOOMBERG Bloomberg Surveillance July 12, 2024

Assets. It markets off about 1 . We will do that in the data check in moment. Life goes on. It francine, i think it has been under discussed, the challenges in the United Kingdom and lockdown. How locked down is the United Kingdom . Francine these are challenges to what we have seen around the world with countries, governments empower grappling with how soon do you ease the lockdown. Yesterday, there was a bit of excitement, certainly in the capital, because of the reopen toward the end of the m...
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BLOOMBERG Bloomberg Surveillance July 12, 2024

See the jobs report, francine. I see all sorts of numbers modeled. 6 rate be looking at the u. I do not see any forecast of where that statistic is going, but it harkens back to an american job economy of 1933. Francine we will have a big look on whether we will go back to those depression years. Lets get to first word news in london with leighann gerrans. Francine, andd, tom, as you were saying, todays jobs report expects to see the u. S. Unemployment rate surge to almost 20 last month after re...
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BLOOMBERG Bloomberg Surveillance July 12, 2024

This for bloomberg on the economy. I am going to lose the introductions this morning and get right to the moment. Weve got great markets. Yields higher, dow futures up 300, etc. No one is focused on anything but an update on this grim labor economy. Jonathan how quickly can this labor market hell is the question we ask every single month now, and we will ask it continually through the morning . Maybe we getting median estimate , maybe it comes outside of that. But the question hasnt changed. It ...
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BLOOMBERG Bloomberg Surveillance July 12, 2024

Out what that election will be. It is tuesday, and with economics we look to the jobs report on friday. It is supposed to be an especially grim report, modeled out on an unemployment report of 17 , 18 . Last night was extraordinary in new york, and i would say within the curfew that we are in as we speak, there is a silence in the streets. There are no sirens heard. Francine we will have plenty more on the curfew and also with what President Trump said. Lets get to first word news in london with...
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BLOOMBERG Bloomberg Surveillance July 13, 2024

Folks theally shows weekend that we go into, it is midmay. I believe the calendar says its may 15. Part of that debate is the tension about june being upon us and even beginning to consider july. What i notice in my friday reading is that there is, including mr. Macron, there is this huge attention about this pandemic forward. Francine it certainly is and how you distribute all the medication. Lets get straight to the bloomberg first word news. Bless you, tom. Good morning, francine, tom. China ...
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BLOOMBERG Bloomberg Surveillance July 13, 2024

To get toay, a lot this week. Trying to understand the impact of the gradual reopening of the economy. What kind of impact it could have on jobs and productivity. We way that with the story on oil, one of the biggest of the last 10 days. Saudi arabia started doing this production cuts a bit sooner than expected. This is what im looking at overall. A lot of earnings coming through though be the big story of the week. You, have a data check for seeing the stocks in europe, the pound orally sterlin...
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BLOOMBERG Bloomberg Surveillance July 13, 2024

North korea, but that is where the mystery starts, doesnt it . Francine it is a mystery. You have conflicting reports. Doctors are saying he is back to work and some in the u. S. Say he is in Critical Condition. There is no clear succession plans and authorities around the world including the u. S. Are trying to figure out who is next in line or do you have some military coup detat taking over . All eyes are what is going on in the oil market, june wti oil to 11. 17 ang 49 barrel. Crude,e plunge...
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BLOOMBERG Bloomberg Surveillance July 13, 2024

But im good and im back. Tom we are thrilled that you are back, and this illness is something, whether it is the flu or covid or whatever. Betsy grace at Morgan Stanley yesterday, and she said she is focused on the original moment we had in earnings yesterday. We will see that with j. P. Morgan and wells fargo. As you mention in your opening, the major thrust here, country to country come is on lockdown, and if and when anybody can really wish country to country, is on lockdown, and if anybody c...
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