The fed futures priced that out to july instead of june. If you look at treasury yields, there was a 10basis point jump in the tenyear yield. 4. 27. The twoyear yield at 4. 68. Looking at the hotterthan expected Producer Prices for two months whand hotter consumer prices, it makes you won beder t you see with inflation. The price of bitcoin as we talked about that before we came on it never closes. You never know to base the change. That change doesnt tell you what is happening. Here is the range from yesterday. I can look at coinbase where i watch it. The high was 73,418. We say that. The low was 65,500 i did some math. Thats 8,000 on a 73,000 stock. More than 10 . If you decide you want to tread into this, be ready to buy at 73 and wake up the next morning to see it at 65. The weird thing about it, gold and bitcoin is supposed to go up with inflation. When inflation is running, it means the fed will not cut. They will not print. Liquidity play. They will not print and everybody wants
Bloomberg surveillance. Manus is in the hot seat. We have cpi, ppi coming up next on the late. Because Bank Earnings we have Bank Earnings. Manus when the call ended at this morning to join surveillance, what a moment. No guidance is going to be revised higher because we are in a higher for longer weight. But going to jamie dimon says come he is not completely sure. 70 to 80 chance the market thinks there is a soft landing and i think the odds are lower. What is the rhetoric and guidance . Lisa that is what people are going to be watching for. We are expected to get jp morgan, wells fargo come at it click get citigroup. Markets are fascinating because we are looking at a situation where bonds are stuck in everything are still kind of really reeling. It raises a question, is this a market that can withstand peoples where they are withstand yields where they are . Annmarie and you siemens coming out about this no landing scenario. The reason earnings is so important is because of the dat
When president Muhamadu Buhari won the nigerian presidency two years ago it seemed like africas most populous nation had turned a corner. A first ever peaceful democratic transition bought a promise of cleaner, better governance and Major Economic reform. Hows it going . Well, my guest today is emmanuel ibe kachikwu, minister of state for petroleum resources. Can Oil Dependent nigeria transform itself into a modern, Trading Economy . Emmanuel ibe kachikwu, welcome to hardtalk. Thank you, stephen. I guess the lesson of the last two years or so, with president Muhamadu Buhari in power, is that nigeria remains dangerously overreliant upon oil. Well, yes. Clearly over reliant. I dont know if its dangerously. Look at the positive sides of oil, in terms of what it has done to the country over the years. When the price slumps, its dangerous. Oh yes. We would love to see, obviously, a lot more diversification, a lot of effort is going into that, emphasis on agriculture, tourism areas, emphasis
When president Muhamadu Buhari won the nigerian presidency two years ago it seemed like africas most populous nation had turned a corner. A first ever peaceful democratic transition bought a promise of cleaner, better governance and Major Economic reform. Hows it going . Well, my guest today is emmanuel ibe kachikwu, minister of state for petroleum resources. Can Oil Dependent nigeria transform itself into a modern, Trading Economy . Emmanuel ibe kachikwu, welcome to hardtalk. Thank you, stephen. I guess the lesson of the last two years or so, with president Muhamadu Buhari in power, is that nigeria remains dangerously overreliant upon oil. Well, yes. Clearly over reliant. I dont know if its dangerously. Look at the positive sides of oil, in terms of what it has done to the country over the years. When the price slumps, its dangerous. Oh yes. We would love to see, obviously, a lot more diversification, a lot of effort is going into that, emphasis on agriculture, tourism areas, emphasis
When president Muhamadu Buhari won the nigerian presidency two years ago it seemed like africas most populous nation had turned a corner. A first ever peaceful democratic transition bought a promise of cleaner, better governance and Major Economic reform. Hows it going . Well, my guest today is emmanuel ibe kachikwu, minister of state for petroleum resources. Can Oil Dependent nigeria transform itself into a modern, Trading Economy . Emmanuel ibe kachikwu, welcome to hardtalk. Thank you, stephen. I guess the lesson of the last two years or so, with president Muhamadu Buhari in power, is that nigeria remains dangerously overreliant upon oil. Well, yes. Clearly over reliant. I dont know if its dangerously. Look at the positive sides of oil, in terms of what it has done to the country over the years. When the price slumps, its dangerous. Oh yes. We would love to see, obviously, a lot more diversification, a lot of effort is going into that, emphasis on agriculture, tourism areas, emphasis