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Transcripts For BLOOMBERG Bloomberg Markets European Open 20240712

Installed within a whisker of februarys alltime high. The cash trade is less than one hour away. Your are your headlines. Germany extends its Job Support Team until the end of next year, spains or rules out another National Lockdown as cases rise. Britains vaccine bet, the u. K. Backs a plan for a dnabased maxine. We look at a 50 million rates for a solution. And caveat emptor, u. S. Consumer confidence drops to the lowest level in six years. We will get the latest french figures out this hour. Just under one hour away from the start of cash equity trading in europe. Lets look at how futures are trading. Right now across europe, we are seeing slight green arrows. And i mean slight. You can call dax futures and euro stoxx 50 futures unchanged. In the u. S. , we see most futures contracts falling this morning, although also very slight drops. S p futures are unchanged afte ....

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Transcripts For BLOOMBERG Whatd You Miss 20240712

Conferences canceling the season, and what that could mean for the betting world. I know you are a big ambler. Gambler. Ann if im gambling, im gambling on robinhood. Im not going to give away any of my freebies. I was just looking, as you were talking about the market you mentioned small caps were one of the big up performers. 5 ord small caps are off 6 yeartodate. The s p is up 3 , 4 , 5 . Value is down 12 . It is up 18 yeartodate. These are yesterdays numbers. I have not calculated the numbers today. You are starting to see some of that divergence again, not only in the companies, but in the value and growth rotation we continue to talk about. Romaine lets bring back ann over at wells fargo asset management. When we talk about the market, a lot of people look to the feds support, not only in terms of some of these special policies it hasnt amended because of the pandemic, but also the rate cuts , which has kept the nominal rate low. And that real yield well below zero. About 100 basi ....

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Transcripts For DW The Digital Age 20240712

This is to. Be used to be a bank clerk now in his new home of china hes a star like. Almost there is an influencer he promotes German Companies online in china he spent the last 4 years living in shanghai watching how chinas digitalisation history in past out of germany. This includes payment one standbys his coffee cup but thats not all. And uses apps to organize his entire life. 56 of them by steve for instance i can use city service to check how much pension ill get Health Insurance parking tickets you can even pay your electricity your doctors bill you can do just about anything and just one simple you know i dont carry my wallet with me much just my cell phone and you know but ive. Been since this is now the case for most people in china even the poorest have switched to mobile payment this. Man is wearing his pain with a code around his neck. Digitalisation really i ....

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Transcripts For DW The Digital Age 20240712

This is to almost. Be used to be a bank clerk now in his new home of china hes a star like. Almost jackson is an influencer he promotes German Companies online in china we spent the last 4 years living in shanghai and watching how chinas digitalisation history in past that of germany. This includes payment one scan buys his coffee but thats not all. To most decks and uses caps to organize his entire life. To do so with whom i speak for instance i can use city service to check how much pension ill get Health Insurance parking tickets you can even pay your electricity your doctors bill you can do just about anything in just one simple app i dont carry my wallet with me just my cell phone and you know but. And since this is now the case for most people in china even the poorest have switched to mobile payment this man is. Wearing his painted up coat around his neck. Did the ....

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Transcripts For BLOOMBERG Whatd You Miss 20240712

The dollar,ack to so it was not clear what the safe haven was today, and then the vix is lower. Lessinly pricing in a lot risk than we were even a few weeks ago. Murky in terms if the market is hoping for some stimulus to come in. Financials aret your outperformance on the day, probably with that very small uptick. Atlor the senior strategist invesco is still with us. I know you said you favored equities over treasuries, but how does highyield and credit look . I was looking at our highyield barclays index. I thought 500 basis points over treasuries looked at one point, and down further, we migrate. How are you viewing credit at this point . I think we are being incentivized on credit, and i expect we will be incentivized to own credit and i expect we will be for a while. These moves that presage a recession, and that is the time when you need to hold true and by Corporate Bonds and investments that always bemoan the low yields n ....

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