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July 16, 2024
Republicans are saying there is not sufficient evidence to accuse the president of these actions and this impeachment is a sham. It is not built on firsthand evidence and they have tried to dismiss the process as not worth pursuing. I was talking to sources over the weekend who are working on the committees with regards to impeachment, and theyre working on drafting articles of impeachment as we speak. When will that process conclude and the committee introduce articles of impeachment . We expec...
July 16, 2024
Going into the Fourth Quarter of the year. The economy is fairly weak but the data today shows things moving in the right direction. Abigail alibaba goes public on their home turf. Narrows the valuation gap to amazon. Abigail the u. K. Election campaign heads into the home stretch. It is very easy to end up in a Hung Parliament territory. A madness with a delusion of big deals. And lot, but they can deftly do it. The general feeling is they probably will go through but how long it will take. Abi...
July 16, 2024
Calls for 2020 what sectors he is betting on. We examine streaming content providers. As disney and apple enter the fray. Peacockl 2021 hold as enters the market. A partial trade deal between the u. S. And china will ease a key risk for investors. The index rose in the wake of the agreement. For more, lets bring it bloombergs Abigail Doolittle. Is this all about the trade agreement . Abigail interesting question, because the euphoria we are feeling today, it would seem that way. Rallyis has been...
July 16, 2024
Move we had early in the week and post thanksgiving. We are right back to where we were in yields, with the 10 year at 1. 83 percent. The dollar index strengthened poste jobs report. That said, it is still below 98. 2. 75 onachs is up news it may be close to settling with the Justice Department and other agencies on that probe into its dealings with 1mdb, the malaysian state Investment Fund. Nothing has been decided, and it may stretch into january, but low 2 billion would be considered a win fo...
July 16, 2024
Shery the bushfires rage on in australia with at least nine people known to have died. The Prime Minister says there is no direct link to climate change. Paul lets get straight to the Market Action with sophie in hong kong. We have the holidays upon us in tokyo. We are seeing stocks date after a threeday drop in the topix in nikkei. Flipping the board, checking in on bonds. I want to highlight tenured jgbs. , treasuries just opening on change right here with the 10 year yield. Bonds arechmark of...
July 16, 2024
Taylor how cyclical is tech hiring . Forecastedssion later in the future. Doesthe economy does well, text see some over hiring and when it doesnt, does it see under hiring . Is it defensive, or economic agnostic . You dont have as many Business Cycles to look across to see how modern Tech Industry does. Certainly doing the tech bubble, you had a huge run off at the time. It was recently that we started to reach the Employment Level things focusing on the tech sector. The cyclicality matters. It ...
July 16, 2024
Isas the local suggests, it five minutes to midnight in the Global Climate emergency. Carbon pollution must stop rising in 2020 and start following to keep the Paris Agreement goals within realistic reach. Very long way behind, but there is still reason to believe we can win the race. He reiterated that the paris climate agreement provided a framework to get the job done and that the agreement needed to be put to work fully. The egyptian president is calling for strong action against countries t...
July 16, 2024
Its weakness too. Alicia i want to point out the dollar has been moving lower the last eight weeks, telling you it is on its way down to a softening, making emerging markets actually kind of interesting. The fed has blasted it today. Romaine lets dive deeper into all the action right now with our markets reporters. Abigail, what are you watching . Abigail i have my eye on volatility once again. The vix and speculative vix sports. Might not have stocks moving much. But some who have been selling ...
July 16, 2024
Makes their company ceo. Their company so unit. So unique. Silicon valley is listening to your most intimate moments. It is the focus of bloomberg businessweeks indepth piece on how the Smart Speaker praise users vulnerable to the conversations being transcribed. Here with the story including the devices and use of contractors to transcribe those attimate conversations is m in seattle, sarah from San Francisco, and austin from new york. Let me start with you come austin. The management with you,...
July 16, 2024
Following googles larry page and sergei brin announcing they are leaving. The tech sector saying a lot of goodbyes. Clouds gather. Sources say the ftc is widening its investigation of amazon to include its massive cloud business. And u. S. Senator Marsha Blackburn on the social media app tiktok. We will hear from her after they say they have made changes. But we begin with major changes happening in alphabet. Larry page and sergey brin announced they are stepping down from the tech giant. The go...