A new high earlier today for jpmorgan, holding its investor day today, Ceo Jamie Dimon says no buy backs at these levels and the stock didnt like that and said he was, quote, cautiously pessimistic about the state of the world right now. Well discuss coming up. It takes us to our talk of the tape, all that continues to rally and if its a sign that more gains are on the way. Welcome in pimcos erin brown. Nice to sea you on the east coast. Nice to see you as well. This everything rally pretty amazing. Does it continue i think it does as we heard from the First Quarter earnings season, strong earnings across the board. Whats important to keep in mind you see an inflection and broadening out not Just Technology leaning in terms of earnings recovery, but its broadening out to more sectors as well. Yes, were trading at highs on the dow, close to highs on the dow, you know, same across most indices, but i think what youll see as we move through the rest of this year this broadening out will d
, 30,000 people are eligible to buy imported cars, and according to mr. Zighmi , they will receive their cars in the next 3 months. First flight the airport of gonabad martyrs region was established weekly. 250 billion rials have been spent to complete and operate this airport. With the opening of this airport, in addition to the quantitative and Qualitative Development of this city, one million and five hundred thousand people from the surrounding cities will also benefit from the capacity of this airport. The construction operation of shohday gonabad Regional Airport as the third airport of khordad province was finished this year. We bowed down to thank you that it was opened so that it was not difficult. We were on the road for a day and a half until we arrived. Our parents are here and we live in tehran. How do you come before . Hardly how is it now . Destroying the planned targets in the main phase of the joint military drone exercise in all parts of iran from kabir central to the
First, lets see a report, lets talk about the discussion, but before that, lets talk about it amir siari, let me ask you a question, amir, considering that in this exercise, some equipment was tested, some unveilings were made, and considering that the enemies of the holy system of the Islamic Republic of iran constantly carry out various scenarios and plans to disrupt peace and security. Why was this exercise conducted at this point in time . Yes, you see, in the armed forces and the Islamic Republic of iran army, we conduct numerous exercises throughout the year in order to improve skills to increase combat power and ultimately increase the deterrence power of the country against any threat. In specialties in the army, the exercises of troops, divisions, regional bases, sea areas , air areas are carried out in a specialized manner. Next , it is formed at the level of its force and an exercise is performed at the level of the force. The gathering of these forces is carried out under t
What does that mean . Hello and welcome to bloomberg daybreak asia. Im haidi lun. Betty i am betty liu at the mobile headquarters in new york. Weve got one i clearly watching what is happening in the korean peninsula. In the meantime, we are watching what is happening here in tax reform and u. S. Markets. It looks like tax or formal possibly passed by the end of the year and markets will move higher,. I want to pull up a chart that shows perhaps a little bit of a warning sign. It just shows you the valuation of snp stock versus the euro stoxx 600uro companies. You can see how the valuation so muchinues to widen, so that it has some investors saying even if stocks rally, maybe there is better value in other parts of the world, particularly europe. Maybe it is europes time to shine next year. Haidi absolutely. It is interesting, this idea of momentum and sentiment driven rally we have seen. Haveore record highs we seen overnight as we get closer to closing out the year. Usuallyet period
All the major averages are in the green and hanging onto gains. We have seen price swings pickup. That was anticipated. September can be a volatile month. It is the most volatile month of the year by far if you look at the bloomberg. This is the average percentage change for the s p 500 did you can see september is the highest this year. It is still lower than december and last year. We have the biggest swings of the year, it is dwarfed by what we saw a year ago. We still have a few weeks ago in this month. It is the most volatile we have seen, not compared with any volatility thus far this year. We will keep an eye on that trade retail is relatively strong area that we are watching. The gap is leaving the game. The old navy unit is worth 30 more than the total Companies Enterprise value. He said the divisional margins are being disclosed for the first time. About 75 ofrating the profit. Also one, l brands are the rise. Macys and nordstrom are trading higher. The latest Johnson Redbook