Page 3 - Howard Marks News Today

Im nejra cehic in london. Overall, the stoxx 600 in the red today. We had some Real Movement on u. S. Futures overnight, flirting around the flatline. We see a little bit of optimism come through on u. S. Futures after the s p 500 briefly rose over 20 . D yieldsthe 10 year bun and other core yields slide in europe. Some Dollar Strength. It is moving higher against all g10. The aussie underperforming. Oil bouncing back after two days of declines. Lets get the bloomberg first word news with Vivian...

Governor cuomo looking for any optimism he can find. Some geographies of america doing better in the pandemic, but the death and the rate of change of deaths refuses to bend over and go lower. With extraordinary measures being applied and something we all need to reflect on as we think about what comes next. These managing to keep numbers stable, but with extreme measures when it comes to how our society is functioning. How we reopen needs to be seen in this light, and it will be a challenge aro...

Russell is up 3. 25 . So steve, i turn to you. We have in the last hour, Bernie Sanders out. That gave stocks another leg you have a comment from dr. Fauci today that the virus turnaround is likely after this week and you have the new york city mayor de blasio saying that there are enough ventilators, he thinks, to get through this week all of that seemingly is enough to keep the market where it is but we saw what happened yesterday when everything evaporated later in the day. Does this have sta...

Wilford frost in this final hour of trade markets rallying again today, stocks at their highs of the day around 3 , although we did see yesterday anything can happen in the final minutes or hour of trade. It can evaporate at a moments notice 59 minutes left. Driving the action this hour, encouraging numbers from the u. S. As the government lowers its projection model for the devastation from coronavirus and after fauci says the government is planning ways to, quote, ease back to normal fed minut...

The actions. Not just high yield indexment many of these outliar assets are showing a little bit of relief i suppose you could say. What does that say to you at ubsf Financial Services . Lisa i think its very important that the fed did what they did. Obviously after easing tremendous amount of of keep Interest Rates low, financial conditions continue to tighten f you dont have access to crede at this time creates a problem. To prevent unnecessary insolvency we think is very important Going Forwa...

Call it. Netflix yesterday closing at an alltime record high. Oil a little higher as well, but still around an 18 year low. Still brutal for the market. Just checking in one more time they comec had before out. Time now for bloomberg first take. Here to discuss from our inhouse team of wall street veterans and insiders, michael mckee, and Damian Sassower. Mike, we know that jobless claims are going to be bad. We dont know how bad. I think the question is, how do markets actually respond to this,...

Positive territory here by the closing bell. Volume is lighter than usual. A lot of asian markets closed, western markets. Many are waiting for the start of earnings season. Fargo first. Lls perhaps investors will be forgiven of money misses but it is the commentary at any kind of planning we are looking forward to hearing from these different ceos. Romaine you brought up the idea of the banks kicking off earnings season. A pretty strong route in financials today. Index down about 4 . The region...

Businesses across the whole economy. Australias pension faces rising outflows as people are allowed to tap Retirement Funds to weather the fallout from the pandemic. Shery happening right now, President Trump speaking at the white house, saying that new infections remain flat across the u. S. Take a listen. Pres. Trump so we have nobody died and i said china, you cannot come in, sorry, because i saw what was going on. It was not so much what i was told, it was that i saw what was going on and i ...

And p 500, however mark said asset prices havent seen the worst of it yet. In a slump in hong kong after scrapping dividends amid pmi data for asia showing contraction across the region. Welcome to bloomberg daybreak europe. A trifecta of investors saying the worst is yet to come. U. S. And european futures also declining after the worst quarter for Global Equity since the financial crisis. The 10year gilts slipping, seeing a little bit of dollar strength. We saw that lifeline from the fed to he...

Surveillance. A bit of a different bloomberg surveillance. It has been 10 days that we have foroadcasting from all of our technical operators around the world. Arefocus is on what we seeing in terms of data. Is the euro area. It will give us an indication of exactly what the economy is facing. Euro area preliminary actually, its not preliminary. Anything below 50 indicates a contraction. Lets get onto your markets quickly. Thee is a lot of focus on banks after regulators have pushed a lot of u. ...