Common occurrence for commissioners, pandemic or no pandemic. I have been muddling through that, and in terms of the work of the agency its been a really important and really fascinating time. We switched to all telework pretty quickly and i will say relatively seamlessly in march, which i was very impressed by, but even though the technological work got up and running very quickly, at least for me personally, i found it incredibly challenging to be juggling the responsibilities of the job and fulltime parenting. This baby here is my fourth so i have three kids home fulltime and needed fulltime attention, and a job that need fulltime attention. Even with an incredibly supportive partner that was in normalcy challenging. My first reaction to your question is really to think about the logistics, and i know if that was true for me, it was maybe doubly true for our staff across the agency just like it is for people working from home across the country whether they have small children in th
Graded a c by her own. Hes a tough grader. Nasdaq outperforming several momentum names in that index bounce back led by nvidia back 900 bucks. Oracle is the best and s p following its earnings report. That after naming a new ceo. And all takes us to our talk of the tape which is all about the rally. Is it running out of steam . Is it taking a momentary breather . No real breather at this moment as we come on the air. Lets ask archie Market Strategist for j. P. Morgan asset management. Welcome back. Reading through your notes, you sound really positive on this market. We do some positive. First on the fundamentals for the economy we see growth normalizing this year 2 , but zero recession in our base case. We see inflation also moderating towards 2 by the end of the year. You still have a pretty resilient nominal growth backdrop for companies. Resilient Revenue Growth area and at the same time it seems to us the big take away from Fourth Quarter earnings was a bottoming in the margin fro
Around or above 5 i think you nailed it. So far earnings havent mattered in the two weeks we started, a little less than two weeks. What mattered is geo politics and Interest Rates. Interest rates have been defined at least in large part by the fed moves. Not the only factor involved with Interest Rates but that has been a big factor and a big factor for the last 18 months which is to say that the investing environment for the last 18 months has been lousy. Company reports and earnings havent mattered anywhere near as much as Interest Rates. That will continue in my humble opinion until the fed signals it is done raising rates. It sounds like just listening to jay powell last week like that is what he wants to do but hes not going to declare Mission Accomplished too early. He doesnt want to take that risk. We have a couple more months of what appears to be kind of a lousy investing environment but when the fed signals it is done the environment changes. Josh, alphabet today. What you o
Protesters tell leaders, welcome to hell. We have world coverage. Some harsh words coming out of germany. In seoul, Second Quarter profits should be coming up. Betty we are watching the g20 meeting in hamburg. We have will have insights for washington and across asia, what to expect from those talks and that meeting between putin and trump. This is daybreak asia, live from bloombergs usn asian headquarters. I am betty liu in new york, just after 7 00 p. M. After 7 00is just a. M. Here in hong kong. I am yvonne man. For markets, the stress has been in fixed income. Hawkish talk has brought stocks lower. Check out this bloomberg. You can see the tally what we saw overnight. Classes sold off, in tandem, for the first time in 10 days. This is the s p 500 etf and the treasury bond etf. Last time we saw these moves was 2013. Which has some wondering, is this the start of a taper tantrum . Betty which is exactly what the fed wants to avoid. Have been so careful to say the right things to the
A preliminary review of the body has led detectives to believe this is a homicide investigation. Reporter the search for a missing jogger ended in tragedy in a wooded princeton neighborhood a Police Source close to the investigation told newscenter 5 Vanessa Marcotte was found naked, with burn marks to her head, hands, and feet. Investigators arent sure whether the murder was random. Marcotte grew up in leominster but lived in new york city. She was only visiting princeton for a few days. She was found at about 8 20 last evening. The body was found about a half mile from her mothers home in a wooded area. Investigators scoured the woods along brooks station road for hours, searching for any signs of evidence. Until they have a clearer idea of what happened, they encourage people in town to stay together. We never think really to lock, were in and out of the its a horrible thing and i as a parent hope it was a crime of passion and we dont have to worry about someone on the streets. Thou