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June 24, 2024
Salvog firing the latest in the smartphone wars, unveiling its galaxy s7. Virtua reality is the new growth partner. Follow me on twitter. Dont forget to include the hashtag as well. Stocks having a little bit of a bounce. Rally the biggest weekly in four years. Japan reversing declines. A lot going on. Heresnne yvonne. The nikkei off session highs. There could be boosted sentiment in equities. Overall, we are seeing, we are still down 5 this year despite the best week weve had since 2011. We hav...
June 24, 2024
What weve seen this week goes back to one of the crises coming out of the 1865 civil war. What a week it has been. What is your key observation on what youve seen . Guy this repricing of risks around the fed, the Ripple Effect of that, and the negative rates has negative consequences. That is the world the market is coming to terms with this week. Tom some of the themes this morning on surveillance from london and new york. Right now, to get you up to speed, heres vonnie quinn. Vonnie the u. S. ...
June 23, 2024
London. Manus first up this morning, world stock markets are on track for the worst quarter since 2011. The last few months have been a volatile trading period. 11 trillion off the value of global stocks. Francine lets take a look on the quarter that was. The quarter to come, mark bar ton, may be a fed rate increase. Raisewill the fed Interest Rates . Futures tell us it is unlikely. Will we get more q. E. From the ecb . The Third Quarter ends. This is my favorite start of the day. The World Exch...
June 23, 2024
A warm welcome to the pulse, live from london. Jobs day. I manus cranny. It is jobs day in the usa. Ambassadors will be trying to see if there is any evidence that the Worlds Largest economy is ready for higher rates in 2015. Economists have been surveyed here in bloomberg. 2001000 jobs as the number, the consensus for the month of september. We will get those numbers at 1 30 london time, how they behave in and about this crucial set of data. Mark, we started the Fourth Quarter with a little bit...
June 23, 2024
Nasdaq is 24 points higher, 6 10 of a percent. The bond market essentially quiescent but moving a bit higher in anticipation of perhaps a reasonable day. A 10 year note yield, 2. 5 . 66 basis points for your two year yield. I would not put a whole lot of stock into any of these numbers before 8 31 this morning after we get the jobs report. E are watching the jobs report ,000 jobsast is for 201 to be created and we are supposed to get a 2 10 gain an average Hourly Earnings. We are also watching h...
June 23, 2024
This is in seven days time, we will be waking up where the meeting with bond traders face off with the equity traders, who is prepared for the fed . That is the question, the longest losing streak in six months. Is it oversold . The relative strength index is below 30. But we are seeing the msci index, trading 11 times the 12 month earnings index. It is being punched as Global Growth concerns and of course worry about the fed next week. Theave day number eight of decline in emerging markets. The...
June 23, 2024
Retaining the crown of the worlds leading carmaker. We get Third Quarter results in a second on the terminal. Welcome to countdown friday morning. Let us get straight to the breaking numbers. Coming in for the Fourth Quarter, 665 million euros. Of market had an estimate 864 million euros. This is a miss. In terms of the cost reductions, let us get into some of the details. Net income, excluding one off items, came down from 1. 88 a year earlier. They are are saying is targeting a gross reduction...
June 19, 2024
[inaudible conversations] [inaudible conversations] the Senate Committee on housing and urban affairs will come to order for days hearing his usual is in the hybrid format which is inperson with the witness. Mr. Claudio teen mr. Gensler its nice to see you. Welcome back chair gensler to this committee. Workers and their families dont measure the economy by the stock market and neither should we. Its why in the senate and the new Biden Administration we work to create an economy that delivers res...
June 19, 2024
[indistinct chatter] [indistinct chatter] the Senate Committee will come to order. Todays hearing, as usual, it is in the hybrid format. Witnesses are in person. The witness, mr. Gensler, nice to see you. Our witnesses are members have the option to appear in person or virtually. Welcome back, chair gensler, to this committee. Workers and their families do not measure the economy by the stock market. Neither should we. It is why in the senate and in the new biden administration, we work to creat...
June 19, 2024
Asset is a security is whether it is centrally controlled already, or decentralised . Well, i look to the Supreme Court that is often writing about this. They have written about this close to a dozen times in 50 years. It is whether the investing public is anticipating profits. That includes anticipating profits from appreciation as well as you mentioned, right, based upon a common enterprise. The efforts of that common enterprise. I guess another way to put my question, which you havent answere...