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July 16, 2024
To the right with his choice of amy coney barrett. It would make it a 63 conservative split. Hitting a high know. Aims top behind bts raise 800 million in koreas largest ipo in years. Lets take a look at how we are setting up for the asian trading session. They hope to follow the momentum we saw in the u. S. Session on friday in particular with these gains in tech stocks. S p futures looking pretty positive,. 3 . Optimism as we get to the open in tokyo. A quiet first half of the week. We do have...
July 16, 2024
The news flow absolutely extraordinary. I want to get to the markets in a moment. The president tweeting. Weve got two longer tweets today. Both tweets say get out and vote. We will leave it at that. I am sure we will hear much more from a president in the white house today, masked or massless, as well. I want to go to it is clearly the market story, and a nice recovery here with yields getting right back to the enthusiasm of yesterday. Jonathan i think the three issues youve got to look at, one...
July 16, 2024
Good morning. Good to be with you. Im annemarie green. Were going to start things off this mornin with louisiana, bracing for hurricane delta. The category 3 storm is packing 120mileperhour winds, also threatening deadly storm surge. Some areas could get 15 inches of rain. Delta is expected to hit later on today and it is intensifying as it bears down on the gulf coast. Courtney zabowski is in lafayette, louisiana. This storm is expected to hit that area pretty hard. It is still reeling from hur...
July 16, 2024
A simulcast on an important friday. So many days to the election, 25. Thrilled you are with us on radio, on television across this nation and around the world. I want to look at the markets as we frame up Michael Shaoul to join us in moments. Up 15 in a bid to the market. 3 below record highs. With that, some nice confirmations of good global news. Look at renminbi. Jonathan up on the week by about 3 on the s p 500. On ther chinese currency return from the holiday. The narrative has shifted aggr...
July 16, 2024
About President Trump and congressional republicans. I guess you are getting that body language from Mitch Mcconnell. But why is the bond market moving . We are at 0. 83 on the 10 year yield, the steepest back to march of 2018. We are pricing in stimulus at some point. Jonathan through 80 basis points. Wonder if, off the back of a move in treasuries, people start to talk about reflation all over again. Lisa i dont know that the underlying data is really supporting that. We will get a read at tha...
July 16, 2024
Radio, Bloomberg Television across this nation and worldwide, what you need to know. Moonshot. Let me get to it. Futures, the high for the day. Dow futures up 19 points. Nasdaq futures up 1. 7 . Forest thend ndard and poorest 500 friday, echoing a matter of it is when, not if. It doesnt matter when we get that fiscal stimulus. We will get the fiscal stimulus area that seems to be the message from so many people we speak to. Tom Jonathan Ferro already explaining some of his other properties to us...
July 16, 2024
Discussion this evening. Francine we are not brexit free, i have just been sparing you. We have actually been increasing the numbers of icu beds because people need them more. And brexit negotiations are ongoing. There is still the selfimposed deadline of october 15. ,om and i want to make clear the case dynamics in europe are extraordinary for the slopes of those curves are distressing. Its been an extraordinary thursday. Thank you to our team for an incredible news flow. It seems like we are d...
July 16, 2024
13 days out to the election. Weve got lots in this hour. Wendy schiller of Brown University will join us on the changing political landscape. There is Market Movement today. We will talk equities in a moment with james bevan. I love his work on a more longterm perspective. Lets go shortterm. Where in the bond market argue focused . Jonathan long end, of course. Front end anchored, a bit of a snooze. And youre starting to break out a bit over the last 24 hours, just north of 80 basis points. Just...
July 16, 2024
On englands toughest lockdown level. Stocks higher on signs of a stimulus bill before the u. S. Possible. S still nancy pelosi tells bloomberg an agreement is urgently needed, by the white house warns there is still a ways to go. Shill. Etflix shares they miss estimates for subscribers. The forecast suggests the pandemic boom is starting to fade. You can see how the shares have fallen 6 . We are under one hour away from the start of cash trading in europe. Lets take a look at what futures are in...
July 16, 2024
Bonds elsewhere in the world. Thechinese yuan weaker than dollar after the pboc trying to rein it in. Lets go back to that stimulus stalemate we have been talking about. Remaining deadlock in washington, with President Trump and House Speaker nancy pelosi blaming each other over the lack of progress. The president has sent shifting signals on the amount of stimulus he wants. Pres. Trump republicans want to do it. We are having a hard time with nancy pelosi. She thinks she can influence the elect...