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July 16, 2024
Increase the budget gap by 1. 6 trillion this fiscal year. We knew it would be expensive. We now have a number. Act, to makeres sure we get relief to individuals and businesses affected. Romaine obviously, a lot of folks are looking at what is happening with the budget. We did close higher again. How much you want to read into these numbers, that is up to you on a personal level. The nasdaq 100 did close higher on a yeartoyear basis. Losses itll of the had i believe going back to march 20. Of bu...
July 16, 2024
The pboc cuts mediumterm borrowing costs again amid expectations for further easing. Holds a virtual spring meeting. Welcome to daybreak europe. Emerging markets are very much in focus with the imf meeting. What a dire warning on the Great Lockdown recession. This is a bank of America Survey. The pessimism with cash levels at their highest since 9 11. Globalinvestors expect a recession in the next year. Manus the question is, our markets prepare for that . We woke up to a world which is driven b...
July 16, 2024
Think about all this going on in the middle of a Global Pandemic shouldnt we have some International Solidarity put our differences aside just for this moment bridgette i think its disgraceful i think when you look at Something Like this pandemic that affects the entire world it affects poor people it even affects people in power take a look at Boris Johnson hes lying in the hospital right now he might die it affects everyone isnt the time theyre set down the politics sex down the bowl and you k...
July 16, 2024
Go higher. The crash stride an hour away. Lets get your top headlines off the bloomberg terminal. China p. M. I. Data Beat Estimates but it is a mixed picture for asian stocks and u. S. Futures turned in the case negative. The w. H. O. Said the coronavirus outbreak in europe may be approaching its peak but across the atlantic new york city reports a 16 increase in deaths in just six hours. Plus lenders from howards bank to unicredit halts dividends at the request of the b. B. C. Well speak with ...
July 16, 2024
24 hours. Larry kudlow says todays jobless claims figures show a big increase. The bank of england seen throwing holding fire for now. We have the Senate Passed the stimulus bill. That seems to be priced into risk assets. The market very much seeming to shift its focus to no Inflection Point in case the death toll worldwide. Green on the screen on the Msci Asia Pacific index overnight, but i mixed picture below the surface. U. S. And european futures in the red. The 10 year yield slipping seven ...
July 16, 2024
Tensions have reached a new highs between the United States and iran earlier this year washington and tehran came dangerously close to a war in iraq after washington assassinated irans top general qassam cilla monny claiming hed been plotting attacks on americans in the region well all 3 countries currently face the coronavirus pandemic the conflict has not slowed down with the rest of the world a series of new attacks have taken place in recent weeks and President Donald Trump is now accusing i...
July 16, 2024
Could close with an agreement to cut output. Russia says it is prepared to cut as much as 15 . Lets get a check on markets. We are seeing quite a bit of risk abbett risk appetite, given that we dont see signs of a peak in cases globally in the epicenters of coronavirus. Dax up 2 and the futures pointing to gains. The s p 500 technically went to pool territory. Bull territory. Will initial jobless claims put a stop to the rally or will they shrug off the numbers . One market is perhaps telling a ...
July 16, 2024
On Prime Minister johnson. Guy absolutely. Sitting up in bed come interacting with the medical team. He has had a third night in the icu, which is may be of where we are still. Yet there is some improvement. I think the country will breathe a sigh of relief once he is out. Hopefully that happen soon, tom. , yesterday inon new york city was absolutely extraordinary, just the constant wailing of sirens. I actually walked down and noticed the emergency room effort of mount sinai and those brave peo...
July 16, 2024
President trump says social distancing will hold until at least april 30. Lives in claims italy and spain over the weekend. Warnings against loosening lockdowns. To Matt Bloomberg daybreak europe. Best week since 1938, 8 dead cat bounce or the start of something bigger . A great piece looking forward thats as while it is difficult to call, there are two potential mistakes. A premature exposure to risk assets or being overly cautious. At the moment, he would err on the side of being overly cautio...
July 16, 2024
A moment that we need to make tough decisions this is a moment where we need some Straight Talk and we need to tell people the truth. The order comes as the u. S. Warns against all overseas travel and urges citizens abroad to return home immediately. Plus india executes for men convicted of gang rate many celebrate the move as long overdue justice against Sexual Violence in the country. Im sumi so must go on that its good to have you with us the world has reached a grim milestone according to th...