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BLOOMBERG Bloomberg Surveillance July 11, 2024

On the difference between 12 miles of fisheries and 200 miles of fisheries, and i can understand the delicacies. I believe as the Prime Minister tries to help mr. Mccraw by phasing in those fishing rights. We will be speaking with our fisheries expert, therese raphael. And the underlying question, how many can fish at any time, we will see if they want to sign something or whether they want to postpone it. Thats get to first word news with ritika gupta. Ritika the Justice Department is in talks ...
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BLOOMBERG Bloomberg Surveillance July 11, 2024

Underlying economy, bad news being good news once again, with that idea for a 908 ilion dollar stimulus will back in washington, d. C. What are the fundamentals that matter, when do we have to see something positive in order to respond to it . Ofell, its the fundamentals 2021, pricing in that story later. If you are asking the stories of the fundamentals of the here and now mattering anytime soon, the data for this month, yes it matters for the policy conversation. We saw that on saturday. And m...
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BLOOMBERG Bloomberg Surveillance July 11, 2024

Thrilled you are with us, the simulcast, Bloomberg Radio coasttocoast, and good morning on bloomberg television. The new york city Christmas Tree lighting tonight at rockefeller center. All of the worry we have talked about of this pandemic, death set a record level in the United States come breaking the april 29 level as well. Jon, the markets speak. Moments ago, euro out to new recent record strength. Jonathan a record high in the equity market, the unwelcome record of the pandemic. 1. 21 53 o...
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BLOOMBERG Bloomberg Daybreak Europe July 11, 2024

Current plan. Stimulus will focus on active purchases on longterm loans. A move comes after months of a near fivefold rally in the stock which just soared. 9 00 a. M. In dubai. 6 00 a. M. In london. What is a vaccine . Essentially a hedge against lockdown, if it is delivered in a timely and high efficacy manner. Medley Global Advisors put this together. Starting toion is look like a syncopated move. Vaccine moving into the next trial period is going to help the situation. That is the backdrop to...
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BLOOMBERG Bloomberg Surveillance July 11, 2024

Tom good morning, everyone. Bloomberg surveillance. And keep her being with us on Bloomberg Radio and bloomberg television. Thisan important our is an important hour. Will join us later, carmen and Vincent Reinhart. Morning,at we see this the only thing that matters. Dollar out to new weakness. Jonathan dxy taking out the lows of early september. That is the dollar index, heavily weighted towards this goal currency. The eurodollar nicely through 1. 19. Another monday with a cyclical tilt. Small ...
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BLOOMBERG Bloomberg Surveillance July 11, 2024

Ofto see geoffrey yu there bny mellon in our opening. With the new slow out of washington, how to get ready for ferro, do you think the secretary of treasury will be watching mr. Powells press conference . Jonathan i hope they speak before the press conference. These two need to get on the same side. It is not good to wake up ever to see the chairman of the Federal Reserve and treasury secretary on different pages on an Emergency Program that, lets be clear, has really helped keep financial cond...
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BLOOMBERG Bloomberg Markets European Close July 11, 2024

But after the huge moves we have seen related to some of the vaccine news of late, this is a relatively quiet session. If you look at the headlines as well, the mnuchin and powell spat doesnt seem to have caused much aggravation during the market session thus far. Seeing weakness in the turkish lira today, but after that big move we saw yesterday by the work of central bank and the shift higher in the lira, people may be fading that move a little bit on some expectation that maybe erdogan will n...
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BLOOMBERG Bloomberg Surveillance July 11, 2024

Dow 30,000. 2009,were you march 10 of while you were up 16 per year on the dow . Spx i believe better as well. There have been reasons along the way to go to cash, and yet here we are with solid doubledigit returns across 13 years. Jonathan and some houses got it right. One of those houses, Morgan Stanley. It was really uncomfortable to make the call coming out of march 2 remain committed to the recovery in the u. S. Economy. It took some real confidence, and one thing that has frustrated me ove...
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BLOOMBERG Bloomberg Surveillance July 12, 2024

And tom keene on Bloomberg Television, Bloomberg Radio across this nation, one day to the election, and to all of you worldwide, good morning. An incredibly busy newsweek. After the election, weve got the fed, weve got jobless claims, and a jobs report on friday. We are really focused on the election. How do you from london see it. Jonathan elevated volatility going into it, and a breakdown in correlations. For markets, i think it is really tricky right now. Typically you would expect some inver...
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BLOOMBERG Bloomberg Surveillance July 12, 2024

Worldwide, and television as well. A bit of a fog and rain in new york. A fog towards the election seven days on. After the carnage we saw yesterday, we really have to recalibrate where we are because we advanced so nicely for it yesterday. It really isnt all that much of a pull back to, is it pullback technically, is it . Jonathan lets be clear, the s p 500 might be bouncing back by about 0. 5 , europe is not as all. Not just the caseload, but also the restrictions around the continent. Europe ...
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