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July 16, 2024
And we speak live to the former white house chief Economic Advisor gary cohen. Up, a new Community Pro or a new economy for a new economy. We bring you exclusive interviews with the Credit Suisse chief executive, ubs, and many more. Welcome to bloomberg surveillance. I am a Francine Lacqua. Before we get to any of those interviews, let me just have a quick check on the markets for you. Look at stocks dropping in europe. Asia was a mixed session. Fromcomes as support congress for protesters, kids...
July 16, 2024
The fed is going nowhere. It is reasonable to expect the fed to kind of be on hold. The front end of the curve is selling off more than the backend. The market is saying the fed pause is warranted. The fed is doing nothing. It is probably going to remain on pause for a good portion of next year. Jonathan joining me around the table in new york, gershon distenfeld, priya misra, and krishna memani. Priya, lets begin with you. What a payrolls report. Priya a good report, no way to look around it. W...
July 16, 2024
Global growth bottom. Data has bottomed out. Probably bottomed out. The data has been decelerating for the last year, 18 months. That is coming to an end. Confidence is rebuilding. You can see it in the bottoms up numbers. The data has been bottoming. It is not 100 . All we are looking for markets to go hire is for the Global Economy to revive and overall trade issues do not get worse. If trade negotiations fall apart right now and phase four tariffs go in, you cannot tell me that the data will ...
July 16, 2024
The real key here is the Global Growth bottom. Data has bottomed out. The data has been decelerating for the last year, 18 months. That is coming to an end. Confidence is rebuilding. The data has been bottoming. It is not 100 . All we are looking for markets to go hire is for the Global Economy to revive and overall trade issues do not get worse. If trade negotiations fall urart right now and face fo tariffs go in, you cannot tell me that the data will not get worse. You either get a phase one d...
July 16, 2024
Data has bottomed out. The data has been decelerating the past 18 months. That is coming to an end. Confidence is rebuilding. The data has been bottoming. All we are looking for markets to go higher is for the Global Economy to revive and trade issues to not get worse. If trade negotiations fall apart right now, and the tariffs go in, you cannot tell me that the data will not get worse. If you get a phase one deal, which is fine, or it falls apart, and we go into phase one tariffs, which is bad....
July 16, 2024
Global growth bottom. Data has bottomed out. Probably bottomed out. The data has been decelerating for the last year, 18 months. That is coming to an end. Confidence is rebuilding. You can see it in the bottoms up numbers. The data has been bottoming. It is not 100 . All we are looking for markets to go hire is for the Global Economy to revive and overall trade issues do not get worse. If trade negotiations fall apart right now and face four tariffs go in, you cannot tell phase four tariffs go i...
July 16, 2024
Trade issues. Data has bottomed out. The data has been decelerating the past 18 months. That is coming to an end. Confidence is rebuilding. The data has been bottoming. Forll we are looking markets to go hire is for the Global Economy to revive and trade issues to not get worse. If trade negotiations fall apart right now, and the tariffs go in, you cannot tell me that the data will not get worse. You either get a phase one deal, which is fine, or it falls apart, and we go into phase one tariffs,...
July 16, 2024
Around the world, from riyadh to london to new york and washington. Bloomberg voices are on the ground with all of the mornings top stories. We want to start with breaking news out of london, where the labour party says it will support a general election. Boris johnson will try for the fourth time to secure election. Joining us now is emma chandra from london. What just happened . What is the lineup today . Emma we are seeing the pound off aftergher, paring spiking higher today. Saying they will...
July 16, 2024
Critics say its not enough. Porschetesla, the we will run down the features, including the price. Now, stop shares are plunging in afterhours trading after the company gave its first Earnings Report as a public company. Expectations for secondquarter revenue and earnings. It projected slower sales growth for the second half of the year. It willabout signal strong competition to make the Software Maker a rapid riser. We do is poised for a record low. Isning me from to discuss our guest and on the...
July 16, 2024
Magic. Power lunch gets started right now. And lets check where we stand at this hour were off the highs of the day the dow up 200 points right now, but the session highs were about 100 points above that when we were up more than 300. S p and nasdaq both up about a percent as well. Even though asian markets were down 2 overnight, so a real turnaround for our markets today. And take a look at apple, the stock is jumping after one top analyst says that the tech giant might be tariff proof. Well ex...