Big meeting happening on octobe. Futures this morning pointing to a sapointing ahigher opening. This is the phi fall da final de Third Quarter. Well tell you how markets did this quarter. Forever 21 filed for bankruptcy protection and is Closing Stores across the world. Macys closing down an iconic store as well. The state of the industry later this hour. Mornings with maria begins right now. Lets get it started. Lets get it started in here. Lets get it started. Lets get it started in here. Lets he get i get it started. Maria weve got a packed show this morning. Joining the conversation, dagen mcdowell, National Security corporation chief market vast strategist art hogan and lee carter. How do you like the refresh . Dagen i love it. I love the website. I love what were doing there. And its just fresh and fresh and fresh. Maria its a big refresh. Dagen i was paying close attention this morning. Its so easy to look at the screen and know whats going on. Maria weve got the headlines in cl
If i could have your attention please. We will get started. The president is on the west coast for a fundraising trip so i am filling in for him. I have a brief chat which is to introduce our distinguished introducer. Megan is a Washington Post columnist who writes about economics, finance and government policy. She has previously written as a correspondent for the economist, the atlantic, newsweek, daily beast. Articles have appeared in reason, the guardian, New York Post and the new york sun. She is everywhere. She started one of the First Business economic blogs asymmetric information and authors a 2014 book the upside of down while feeling well is the key to success. In her spare time she appears as a commentator on fox news, msnbc and npr. She is degree in literature from the Pennsylvania University and an mba from the university of chicago. Please join me in welcoming her. [applause] i admit when i was asked to stand in for him that i had a little trepidation because theres so mu
The major averages might be down with an 1 of the stocks of down more than 3 . A combination of the earnings and fed. We said yesterday it seems that the stock is ahead of itself. The apple quarter was good but not amazing. Take a look at the fed area the stoxx will only clip. These are the more momentum they reacted to the comments from jay powell to a greater degree than the major averages at the lows down more than 4 . The worst day in more than two toths areas the stocks tend lead. Going back to march of last year before the volatility. The last alltime high prior to this year. The stocks and the s p are highly correlated but the s p went on to make alltime highs at the stock went lower. Due to be something volatility ahead for the s p 500. Resultst to look at the of the mixed messages from jay powell. They initially crept up then went up quite considerably when jay powell talked about how this was a midcycle rate cut. And it came back down when he said that doesnt just mean one. W
Francine good morning, everyone. Welcome to bloomberg surveillance. Good morning if you are watching from europe and the u. S. , good afternoon if you are watching from asia. Francine lacqua here from westminster, what a day this is the day Boris Johnson becomes Prime Minister. There is a lot of pageantry today. Has her last Prime Minister questions our in parliament and that she goes to see the queen. She comes back, and then it is Boris Johnson started to see the queen. In the meantime, we have market movement. Euro area july manufacturing pmi is below forecasts at 46. 4. Services pmi is pretty much in line with expectations that it is a fall from the month before. We also had ugly german data which will impact eurodollar. This is what is coming up on bloomberg surveillance. , forve plenty of guests example, the ac malan chairman and deputy chairman at rothschild. He will be with us to talk the latest on oil. We also have robin from Chatham House. Lets get straight to bloomberg first
I will ask you if it becomes attractive and the number of references will increase. The problem is that we look at the he said correctly, i did you a disservice that we look at opportunities, of course not to be happy, they are using toilets, this is the first step, we need better conditions, we all have to help, the countrys capacity is much more than this, a better year than unemployment, lets look at the ridiculous stairs in the city of tehran and other cities, whether in the city center or not. In the outskirts of the land, where there is a lot of space, what happened . Someone has a fruit shop with a van in the intersection, or actually has a grocery store. There , the customer is ready to get used to it. Many of the streets that we went to organize 500 million 200 million in favor of an empty land, we created or provided it, we set up a stand outside, they resist , and if you help us with this culture Building Department , dear ones, it will help, there is no problem, we provide