More state money for schools in the coming year. According to the teachers union, about half of the states nearly 300 School Districts will be close while teachers attend todays rally on the day legislators gather for organizational meetings ahead of the 2020 session that starts in january. Global news 24 hours a day, onair, and tictoc on twitter, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. Live from bloomberg World Headquarters in new york, im vonnie quinn. Live in toronto, i am amber kanwar. Welcome to bloomberg markets. Stories thatre the we are following from around the world. Home depot woes. Missing thirdquarter sales and trimming its annual Growth Outlook for the second time in three months. Protests continue in hong kong. Stories that we are following from around the world. Officials say the chaos is putting sundays election at risk. And almost showtime. Saudi aramco bankers say there is enough interest to pull
Because stocks may be barely moving but as joe was saying, bonds are moving in a big way. 10 year yield and treasury note back to october. While stocks are drifting on these record highs, we have a big rally for bonds. , a big bond bull says if it goes beyond this trendline in yellow, you would continue to see bonds selloff. Bondecent pullback for yields, it is right on that line. Stillnow, this chart may point to a move higher for yields. Mike who says there is no yield left to be found anywhere . Check out this Exchange Traded fund, an etf that tracks limited partnerships in the energy spaces. It has really gotten hammered since its high. Caused the yield to jump above 10 for the First Time Since 2019. Reducedan etf that has payouts pretty significantly, almost 9 over the past three years. Still, that double digit yield proves to be a good entry point. Hit int time it was 2018. The caveat in 2017, when oil prices dipped. The yield was above 20 . Taylor, obviously, whether this 10 yie
Elizabeth warren, its recession. Carol and 2020 will bring about the great antitrust reawakening. The question is not whether to break up companies but how the laws are enforced. Kailey much more ahead. We begin with joel weber. Start of a new decade, what are the big things we needed to be watching . You hit a couple. Recession is one thing everyone is wary of. It has implications not just for the Trump Presidency but for the Global Economy as a whole. We give a survey of the World Outlook as a whole. 2 growth is what has been a projected but theres always a chance of it being revised downward. It comes down to the u. S. Consumer. In many ways, the Global Economy is on the back of the u. S. Consumer. Carol from the economy to elections. And the u. S. Is not the only place where there will be elections. That is an expected story. We can say elections, thats going to be a choppy sea. One more interesting place that will take up bandwidth is the antitrust conversation. This will dominate
Companies. Dive deeper looking at equities, bonds, currencies and commodities. Lets take a look at the s p legitimate day of taking on record highs stop first shot happening and crossing right around 3026 come off almost coming above the alltime high, just slightly short of that not hitting it on the close. Most of the indexes gained have come in the First Quarter five this time, during the moving day average moving to creep out of range. We could see the s p 500 put in new highs next week or at least the coming weeks. You talk about a potential record for the s p. It is all about the chipmakers. Winners,a lot of Companies Like intel really highlighting that they have weathered the trade fight pretty well and i want to take a look at a chart here inside the terminal. Look at to do dive and it in particular. Up,have the stocks index for example the nasdaq only up about 3 or so. Taking a look at gold would just at about a 1 weekly gain and underscores the threat of clothing global glove
Not joe biden, Elizabeth Warren, or even impeachment, its recession. Carol and 2020 is sure to bring about the great antitrust awakening. The question is not just whether to break up Companies Like facebook, google and amazon but how the laws are enforced. Kailey much more ahead. We begin with joel weber. 2020 start of a new decade, what , are the big things we needed we need to be watching . Recession . You hit a couple. Recession is one thing everyone is really wary of. It has huge implications for the Trump Presidency and the u. S. Economy and the Global Economy as a whole. So our interest to gives a survey of the World Outlook as a whole. 2 growth is what has been a projected for the u. S. But , theres always a chance of it being revised downward. It comes down to the u. S. Consumer is capable of. In many ways, the Global Economy is on the back of the u. S. Consumer. Carol we go from the economy to elections. You guys cover that rightfully so. And the u. S. Is not the only place wh