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June 24, 2024
Points, s p has lost 10 , Kbw Bank Index down 20 . Alix that puts it into perspective. The banks are in bear market territory. It was the theme starting in australia today. Those stocks sinking into a down market. Closesocks, the stock lowest level since july 2014. A lot of weakness overseas in that arena. Moving to europe, a different picture. You had a rebound. Euro stocks rebounded from its lowest level in two and a half years. Games. E the dax making having the best a since august. The quest...
June 24, 2024
Welcome to the pulse live from bloombergs European Headquarters in london. Lets get straight to the markets. We are seeing pressure on rbs. That is putting pressure on the bank stocks. What a day in europe. Trading hour into the session, the stoxx 600 gaining some 1. 5 . The pound, weve seen a huge fall in sterling since the beginning of the week, but it is now above 1. 40. This is the week for pound and eurodollar. Seven pointoil gain one percent. Lets get to the bloomberg first word news with ...
June 24, 2024
Our main story this monday morning here in asia, china has stepped up its efforts to restore stability in the economy, saying there is no basis for a creationist for appreciation. Where did you go, joe . That was the question. I have been asking this repeatedly. Since august, there was not a lot of comment. He had his deputy give a press conference at two days after that in august, or is in as in 2005, the architect of the yuan liberalization was on state media within 48 hours of that big the pe...
June 24, 2024
You can also join us on twitter at cspan. Or if you go to facebook. Com cspan. We will get your thoughts here just a minute. First, but sure you obama yesterday talking about what qualifications he is looking for in his next Supreme Court nominee. President obama we will do the same thing we did to respect to justice kagans nomination. We will find somebody who is an outstanding legal mind. Somebody who cares deeply about our democracy and rule of law. There will not be any particular issue that...
June 24, 2024
Lower and not showing much of a recovery. But the Market Services number, it came in below estimates. Definitely trepidation in the markets today. In the u. S. Economy in particular. That being said, not that much of a selloff today. More like a pause. If you take a look at the bloomberg, sectors on the move. Materials are performing the best. Tech arere and weighing down the major averages the most. In terms of the commodities, i wanted to take a look at natural gas and oil. Natural gas has bee...
June 24, 2024
We had a dip in the major averages, but they have since come back. The s p has in leading gains. The dow and nasdaq and that, each up by about. 5 . We have a lot of anticipation for tomorrow when we will hear from the ecb. At the bull market and go back in time. March 9 2009 as the date it was born in weve seen almost 200 appreciation in the s p 500 with some hiccups to be sure as of late. What is notable about the bull call it theople most hated bull market, it is also a long bull market compar...
June 24, 2024
Outside the government, i questioned how they were approaching it. I might have tweaked it to the extent that it involves Foreign Policy. I might say to my Foreign Policy partners that we have a problem of doing it this way, but here is a suggestion for how we can or meet yourhing interests in a slightly different way. You are always concerned about making sure that the credibility of the United States is sustained or the credit ability of canada is sustained. The work that has been done continu...
June 24, 2024
He was one of six people who underwent the shale revolution. He was one of the founding voices. He lobbied and washington, breaking away from the oil lobby. Scarlet chronicle for us his rise and fall. Man, acquiringd the rights to drill on a property and tries to sell them for a profit. With is to pay chesapeake, he amassed 15 million acres. 13, it wasces were a great plan. Under have now fallen to two dollars. Alix charif souki new Aubrey Mcclendon personally, and aubrey of the peopleone who co...
June 24, 2024
This is countdown to live from london. It is just after 6 00 here in london. We knew that today was good to be all about Central Banks. We thought we would focus more on the ecb. Turns out, we have surprise out of new zealand. The surprise rate cuts from the new zealand bank, what did to the Government Bond twoyear yields, currency falling as a result of the surprising move. Thethe central bank cites Global Economy for doing this, further easing may be needed to meet weakness in the economy. It ...
June 24, 2024
Stephanie a cultural leader. We think about what wall street has been or the last war years. Mike bloomberg to Michael Lewis talk about talking about what an extra ordinary character he was. This ecb announcement coming today. You are looking at green, matt miller. Poker andad liars that is what got me interested in this business. I had the honor of interviewing John Gutfreund on many occasions and an absolute giant in the industry. Anyone who has not read the book should. Look into his career. ...