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July 16, 2024
600,000. Los angeles is facing a new lockdown while hong kong and tokyo have new record numbers. Australia set to deliver a new budget that may be the biggest since world war ii. Shery lets get you started with a quick check of the market trading. After upside of. 1 , this another risk on week. The s p 500 ending higher on the friday session, seven out of 11 s p 500 sectors were led higher by utilities. We have the dow losing. 25 and the nasdaq was up. 3 . It was interesting it was the first wee...
July 16, 2024
In the last 10 days. The u. S. And china trade new barbs. Washington rejects chinas claim to the South China Sea. Top u. S. Senators are facing mainland sanctions. Haidi u. S. China sentiments dominating again with the grim overlay of rolling back restrictions around the world. This is how we are shaping up when it comes to u. S. Futures contracts, up by. 2 after what was a truly volatile session. We had the s p 500 touching levels prepandemic and we also have the nasdaq hitting a fresh record b...
July 16, 2024
Multimedia multilanguage garage of Public Service announcement impactful in a non pharmaceutical way. Newsom also said in the last two weeks the gravity of the pandemic, hospitalizations, icu admissions and deaths are up substantially. To curb this the governor is asking the 19 counties he targeted yesterday to cancel any remaining firework shows and masking and distancing rules are enforced. Counties that do not face losing some of the over 2 billion in state aid money they can ill afford to lo...
July 16, 2024
Programs and committees as well. We will take you live to the financialal services subcommittee. The subcommittee is now in order. Without objection, the chair is authorized to declare recess from the subcommittee at any time. Members of the full committee not on this subcommittee are authorized twopart is abated todays hearing. I remind you to keep your video function on at all times, even when not recognized by the chair. Numbers are recognized recommended not to mute themselves after they are...
July 16, 2024
Florida sees its biggest oneday rise, some of hollywoods biggest names test positive. And chinasotest crackdown in hong kong seem to have spurred a reaction at the ballot box, voters have turned out in the hundreds of thousands. Lets look at how the week is setting up in asia. A pretty positive lead, asian stocks will keep the rally going. About half a percent after the u. S. Stock rally extended that weekly gain on friday. The s p 500 outperforming the nasdaq for the first time in two weeks. Th...
July 16, 2024
Eurozone. The german lender looks to fill its top job as soon as this week in a bid to end a shareholder revolt. 6 00 and in 6 00 a. M. In london. You have not had it so cheap for quite some time. Five year low in dollars. Record no in pounds. , thedity from my friends munificence of Central Banks is gushing in the form of liquidity. It goes back to the old story which is where do you find the velocity, where do we start riskon. He bonkers jp morgan, citigroup, look to the hinterlands of recover...
July 16, 2024
And thank you for taking an hour to talk to us about this. And coming to mount vernon and doing our closure. We were excited to bring you back for a conversation about this book so that we can reach out to people in their homes. As everyone stays safe and hunkered down. Thank you so much. Im so grateful. No one watching, thank you for spending time with us. I hope you have learned something. I hope you continue to stay engaged with what mount vernon is putting out to you predict i would care abo...
July 16, 2024
Welcome to bloomberg surveillance. Im Francine Lacqua in london. The markets are definitely focusing on a couple of things out there. ,here is a lot going in china global stocks continuing to it is yes and in the market. The dollar and treasury slipping. Homebuilder shares in the u k advance after a report the government is considering a temporary increase in the pay. Hold at which buyers weighing a Global Equity market that remains about 40 above its march lows amid this economic recovery, whic...
July 16, 2024
We are grateful to all of you for being here and for valuing the past, present and future of thoughtful reading and writing. The story that history can teach us a lot about how to live in the present and plan for the future. And perhaps no error in our history is more instructive to us right now than 1981 contagion ravage the world shuttering schools, closing businesses, and killing hundreds of thousands. Here to talk with us about what became as known as 102 years ago is the spanish flu is Kath...
July 16, 2024
The market, its the same as yesterday, the markets churning with gold moving higher. But you are right, we have seen a bounceback to green on the screen after the navarro flap. Its clear, its a market in search of a story in the line, maybe we can find a story from philip. Francine we will talk about runaway inflation with him shortly. Lets get to first word news. President trump calmed that the phaseng one agreement is fully intact. Peter navarro said that aspect of the trade deals were over on...