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On tv and radio. Im Jonathan Ferro. Tk taking a break, equity market soft, down a 30 on the s p 500. The bowls on wall street getting more bullish. Now looking for 4900 on the 400, the price target set at the end of december. He was bullish and right to be. He raises his price target. City are looking for 5000 by the middle of next year. It is record high watch on the street. Lisa and the potential for a 28 gain this year, the biggest going back to one to 19. Can we get the start of a new bull market given some of the increasing credit contraction, the softening in Economic Indicators check out could this be the start of a new bull market as many are calling for . Jonathan i loved what scott cronin had to say. Clearly we were chasing the tape. Growing conviction in years earnings acceleration is a key point of differentiation. He is looking for earnings to accelerate int ....
It takes up more room than the actual article itself. Want to introduce the subject of this next session which is this booklet here. Its called transform which is very beautiful and its about an initiative that we were privileged to fund called exploring innovation frontier. I want to give a shout out to promote the head of our engineering director at the time a few years ago when we made the decision to fund this. He has gone on to uc irvine where he is a vice chancellor for research. During this time there have been several workshops around the country and ill say a few words about that and then you will hear from two of the people that were greatly involved in those workshops more about this. Let me make now that ive kind of introduced the subject of basic research, leading to innovation and leading to engineering applications, let me make some formal remarks. I will just begin with the quote from our inspiration of the National ....
Largest coaching deal in nfl history, reportedly a 10 Year Contract approaching 100 million. Global news 24 hours a day powered by over 2700 journalists and analysts in over 120 countries. Im Mark Crumpton, this is bloomberg. Julia live from bloombergs World Headquarters in new york, im julia chatterley. Scarlet im scarlet fu. Joe im joe weisenthal. We are close to the close of trading. The question is, bloomberg daybreak australia. What you mess . Herlet white house economic can gary cohn says the government may be pushed back. Drilling far and wide. The Trump Administration proposes to open almost all u. S. Coastal waters to oil drilling, sparking environmental concerns. We get firsthand insight. A hiring cool down in the u. S. As the economy added fewer j ....
Lets look where european equities are trading. Just under 30 minutes to the close of equity trading. This is the stoxx 600 and different industry groups. We are off by 1 10 of a percent. Mixed picture Energy Stocks outperforming. We are seeing a spike in wti and. Rent Consumer Staples underperforming down. 8 . Financials also lower, perhaps some of the low yields in the core tech stocks also not doing too well. It is the commodities outperforming. Commodity stock, energy stock, and commodity producers within the materials. The ftse 100, a little weaker,. 1 . Have been seeing cable spiking, i have a chart later showing the correlation between the ftse 100 and the pound, the ftse 100 falling below the 200 Day Moving Average for the First Time Since the brexit v ....
Im Brian Sullivan and power lunch begins right now. And welcome to power lunch. S p and nasdaq in danger of posting their first declines in eight sessions. Its not just amazon hitting new highs. Carnival trading at alltime high levels back to its ipo in 1987. Netflix and 3m also at record levels. Im becky quick. We begin with breaking news from the Federal Reserve and steve liesman, we meet again. Reporter brain ard with some very interesting comments saying the rate hike is likely appropriate to happen soon and reduction happening soon as well. It should be on autopilot. Its her comments on the issue of full employment and slowing inflation saying they are at odds. Slowing inflation could prompt her to rethink her view and her forecast for additional rate hikes. She said recent data has been lower than expected and theres little sign of page inflation heating up. Inflation ....