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July 16, 2024
House speaker blocked his bid for a monday vote. Its election day in canada. Prime minister Justin Trudeau looks to retain power but loses his parliamentary majority. Kathleen later on, Bloomberg Technology global link. We will discuss the bailout plan for wework as softbank is said to be taking control. We are taking a look at how u. S. Stocks ended today. A big day for the s p 500. A gain seven times of 1 . It gained to 7 10 of 1 . Over 3000. Importantly, it is getting close to its alltime hig...
July 16, 2024
Remains solid. Joining us for the hour is stephanie link what do you think the theme is here we started the day up almost triple digits on the day then loss were down triple digits now were somewhere in the middle crazy with earnings nonstop. The theme today is the shift right back to growth from value. Thanks to paypal, thanks to microsoft, thanks to service now, and value is under performing because i think its all about 3m and what they said. Weak china, weaken you a, to no green shoots after...
July 16, 2024
Previous assessment of protracted weakness in e. U. Area growth dynamics. Softbank unveils a rescue plan. The start of the problem. It means the problem will be handed to somebody else. Russia and turkey cut a deal in syria. Pres. Trump this was the result of us, the united states, and nobody else. Market conditions the past few quarters have been challenging. Low Interest Rate environment puts pressure on the bank and the interest margin. Investors and policymakers share perspectives on the Glo...
July 16, 2024
Many many markets in a decade but it falls short. , saudier the attack arabia attempt to move beyond the worst oil shortage of bloomberghe ceo tells will be back online soon. Ofas i said, by the end september, we will be a capacity. Manus it is daybreak europe. We had an irruption in overnight funding. We touched on it yesterday, nejra. Up she went, double bang. Back inpean market came and quelled the market. Was it all to do in paying taxes are paying the auction, or is there a tightness in the...
July 16, 2024
The aussie market doing ok despite some not great news from the pmi, which we can look at now. Contractiong seeing on the manufacturing side of things. The has helped to bring bulls out for bonds suggesting we see another Interest Rate cut coming through from the reserve bank. Things inso got other play here as well. 10 year yield, three basis points down. Below 1 again. That facility will not be ready to operate fully for months. , after that 20 billion worth of Corporate Tax cuts designed to s...
July 16, 2024
Kong reels from a violent day of protest. Police fire water cannon, tear gas, and rubber bullets as Chinas National Day approaches. Shery lets get you started with how mark how markets are trading. U. S. Futures higher by. 5 . Ons coming after the s p 500 one point on friday fell below the 50 day moving average. Bounced back. Still ended the session down. 5 . We had some traded concerns with a bloomberg report that the u. S. Might be considering restricting those portfolio flows into china. Trad...
July 16, 2024
Global threats keeping haven bulls happy and the yen expected to outperform the g10 years. Peers. Petrol bombs, tear gas and rubber bullets fly as Chinas National Day approaches. We want to get you to breaking news on the terminal now. Industrial production from south korea for the month of august, something of a miss, 1. 4 contraction for the month. The survey expected a 1 contraction for the year on year figure. 2. 9 contraction of the market had been expected, a contraction of. 2 . Decline in...
July 16, 2024
Lets look at constituent movers in regards to all this. This is the position we find ourselves in. The yield one basis point to the upside. Again, we are waiting to hear more with regard from washington as to whether they will be doing anything about trade flows into china. This story has been getting a bit of traction. 7. 12. Aussie 10 year yields have continued to fall back a little bit. Up a couple basis points. The story is the governor of the reserve bank. Keeping his cards tight against hi...
July 16, 2024
Carol from fighter jets, computer chips, lasers, and the market for nitrous oxide cold brew. Joel what we decided to do was cover every single element on the periodic table because ultimately, these are all business stories. This is the story of business. Carol you took us places there were a lot of surprises for us and we think of the periodic table as old and it is such a bigger thing and it means a lot today. Joel it is the wrong way to think about it. If you associate it with High School Che...
July 16, 2024
Carol thats right. From fighter jets, electric cars, lasers, and the marks it market for nitrous oxide cold brew. Jason here is joel weber on the elements. Joel what we decided to do was to cover every single element on the periodic table because it ultimately, these are all business stories. This is the story of business. Carol you took us places that were a lot of surprises for us. We think of it as developed a long time ago. And, it is such a bigger, broader thing and means a lot today. Joel ...