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BLOOMBERG Bloomberg Surveillance July 12, 2024

President trump in florida, i noticed about an hour ago. He will leave in the early evening. I believe Vice President biden scheduled for ohio. What is so odd is the relative invisibility of the leader in the race, Vice President biden. This was a trump weekend they trump discourse. Jonathan the president has been in the spotlight for all of the wrong reasons the last couple of weeks. I think the former Vice President wants to leave him there. Not just orlando later this evening. I believe penns...
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BLOOMBERG Bloomberg Surveillance July 12, 2024

Quiet. Youve really got to believe, with the tone we got from the president last night, i thought more invigorated than the recent days, that this is really going to heat up into the kind of Campaign Money people have been expecting, as you say, with 20 days to go. Jonathan heating up on capitol hill as well. House Speaker Nancy Pelosi under a little bit of pressure. A 2 trillion game of chicken playing out in washington, d. C. Tom shes going after wolf like,r of cnn, which is, unamerican to do ...
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BLOOMBERG Bloomberg Markets European Close July 12, 2024

The stock up close to 100 this week. Is that a squeeze or a fundamental reevaluation . We have seen travel stocks really rising quite sharply this week. Lets take a quick look at the european markets. Theres a bunch of factors i want to focus on, plus a global view of what is going on. You can see what is happening with the chinese currency. 0. 5 ,an stocks up around pretty much matching the gains in the united states. We are watching stimulus pingpong. Italian 10 year, there it is. Some pretty ...
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BLOOMBERG Bloomberg Surveillance July 12, 2024

5, 6, seven major stories, are driving us forward. Simply an open question with all that is going on, what has your eye this morning . Jonathan the italian bond market. I know that feels a bit off the beaten road, but right now rallying aggressively over the less capital weeks. Look at the spread of btps to german debt at the moment. It is about 20 basis point. That was about 280 earlier in the year. That is one to watch in the debt markets. Tom bond price up, yield down. What is the why . Is it...
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BLOOMBERG Bloomberg Surveillance July 12, 2024

31 was exceptionally important. I spoke to the vice chairman yesterday, and hes really enthused about expanding on a lot of this monetary mumbojumbo. It is an important speech, but the backdrop, you nailed this weeks ago, is the massive case build up in the United Kingdom that the Prime Minister talked about yesterday. Im sorry, the landscape changed yesterday when he went out to march of 2021. Jonathan the outlook for europe gets a little bit worse. The data on the Services Side backing that up...
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BLOOMBERG Bloomberg Surveillance July 12, 2024

I looked at the statistics, and i must admit when you look at the cases, it really gives pause on the case growth we have seen across europe. As to the debate, Kevin Cirilli and david westin in cleveland for the debate. It is a late night debate. Im sorry youre going to be up at a god godawful 2 00 a. M. To see the drop on this. But it is really something. I have to do a quick study. I would suggest you could go back to kennedy and nixon for a debate of such interest. Francine you just wonder wh...
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BLOOMBERG Bloomberg Surveillance July 12, 2024

New york city for bloomberg television. All eyes on cleveland, ohio. Jon ferro, i dont know your history with cleveland, ohio besides the best Football Team on the planet, but this debate tonight will be a battle. It will be interesting to see just in the first 10 minutes how the debate agains the debate begins. Jonathan jonathan my association with cleveland is lebron james. Did i do that right . Tom you nailed that. Jonathan we can explore that another time. In the markets, i am not sure what ...
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BLOOMBERG Bloomberg Surveillance July 12, 2024

Implications for the election and the implication for the leadership . It is also a good thing to look at other leaders and if they tested positive, how they have reacted to it. Also president bolsonaro of brazil. To thisare waking up across america. The determinant here is a oneweek just a show in for every patient, and the tip point for the medical professionals is the bacteriology of pneumonia, and overlaying pneumonia on this terrible virus. The president nowhere near there at this time, and...
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BLOOMBERG Bloomberg Surveillance July 12, 2024

Absolutely extraordinary. Thank you for joining us on Bloomberg Radio and Bloomberg Television worldwide. What have we got . Mcdonalds just out with a dividend increase. Ibm with a seismic restructuring. Morgan stanley to take out the venerable eaton vance of boston. On and on we go. Guess what . None of it matters. Someone speaking to maria in two minutes. Jonathan the present will be on fox news. I imagine he will have a reaction to the next debate being virtual. That news out from the commiss...
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BLOOMBERG Bloomberg Surveillance July 12, 2024

Day for the Federal Reserve system. It is a meeting of mystery. Our Michael Mckee will be there for the press conference, special coverage this afternoon. But right now, a great conversation on some of the challenges that we are going to see. Jon ferro, to me, the major challenge, with futures up 17, you mentioned this earlier, this morning, is the two americans that are out there, that two americans that are out there right now, jon ferro, are nothing like what john edwards ever thought he woul...
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