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BLOOMBERG Bloomberg Surveillance July 12, 2024

With the pandemic, so different in america. Francine im sorry, tom, you cannot forget about brexit. Almost there, and certainly by next monday, london will have moved to tier two, which is where you can still meet people outside but you cannot let people come into your home. We should have a better idea of what london will become over the next couple weeks. Is similar moved by the french president , emmanuel macron, announcing that eight cities will go in lockdown. That is hurting a lot of the s...
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BLOOMBERG Bloomberg Markets Americas July 12, 2024

Sen. Harris the American People have witnessed what is the greatest failure of any president ial administration in the history of our country. Vp pence quite frankly, when i look at their plan that talks about advancing testing, creating new ppe, developing a vaccine, it looks a little bit like plagiarism. One, joeis on day biden will repeal that tax bill, and what he will do with the money is invest it in the American People. Vp pence weve already added back 11. 6 million jobs because we had a ...
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BLOOMBERG Bloomberg Markets Americas July 13, 2024

Little bit. We are seeing btps with a little but of a bid today. Euro with an offer. It is interesting that stocks are higher and the dollar is higher as well. Crude is also tracking a little bit higher. We are trading on the global 27. 95. K at european markets probably in a bit of a Holding Pattern right now. We are going to carry on the conversation on what is happening with some of these big global banks that are reporting numbers. James gorman of Morgan Stanley was the latest entry into the...
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BLOOMBERG Bloomberg Markets Americas July 13, 2024

A bny mellon forecast really concerned investors because deposits, both interestbearing and noninterestbearing, will be lower. So the next earnings quarter is in doubt. Not so for Morgan Stanley. That stock is getting rewarded. Here in europe come of the equity markets dont look as exciting in the United States as we are tracking now towards 30,000. Hints that may be more stimulus is on the way. The South African rand taking a hit today. The reserve Bank Delivering a surprise 25 basis point cut....
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BLOOMBERG Bloomberg Markets Americas July 13, 2024

But the s p 500 is about 3000. When we close above 3000, up. 6 , plenty of groups rallying on earnings, Morgan Stanley up 3. 5 , closing out the major banks with an excellent set of results. We have the rails rallying, and we will talk about that later on with fritz. The 10 year yield, 1. 76 . Curious about what is happening in britain, guy. Guy the deal we have in brussels is not a deal we have in belfast, so you can see this on the sterling chart. We got a deal, it was announced, sterling rock...
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BLOOMBERG Whatd You Miss July 14, 2024

Are watching. Range charte is the we looked at. He s p 500 unable to get above last years all time highs, we have a set this year stalling again, the r. S. I. Putting in a bearish set of lower highs telling you bullish is simply rolling over. The bears stepping in. 50day the s p 500, the moving average today suggesting we could see the s p 500 drop range, we were just told about an option trade that suggests some traders are 2700, one reason to think that could happen, take a look at this chart ...
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BLOOMBERG Bloomberg July 3, 2024

Our top story this morning, President Biden touching. Down in israel. A single blast in a hospital in gaza killing hundreds and israel is letting hamas and hamas is blaming israel. The exposing explosion threatening to tip things over the edge. Pres. Biden based on what i have seen, it appears it was someone on the other team. There are a lot of people out there. We have to overcome a lot of things. Jon the stakes for this trip cannot be hired. How do you ensure aid gets to gaza and civilians ar...
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BLOOMBERG Bloomberg Markets Americas January 18, 2018

A positive upward momentum we had recently. Be one of the reasons we are seeing a pause. Stocks have gotten too overheated levels, according to several measures. One of them is the 14weak relative strength index. We have a chart of it here for the s p 500. Line,y, this of her red when this goes over that redline it indicate stocks are overbought. On the bottom you have a green line that indicates oversold typically. So we have a record level for this 14weak indicator. If you look at the 14day rs...
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