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CNBC Squawk Box July 14, 2024

S p is now down 2. 25 the nasdaq is off by 40 points that happened after news that we heard from beijing that well tell you about in a moment Interest Rates are a huge part of the market story. Yesterday we saw the inversion of the twoyear and the tenyear yield. So shortterm bonds are paying more than longterm bonds. Historically this is considered a recession warning sign check this out the 30year bond this morning is now yielding below 2 . This is the first time in history weve seen the 30year below 2 1. 99 . Tenyear is yielding 1. 557 . The twoyear is yielding 1. 54 lets look at what happened in markets overnight in asia. Things got a slower start there. The nikkei was down out of the gate it ended down by 1. 2 . In china, stocks are stronger. Shanghai is up by a quarter percent. The hang seng up by three quarters of a percent. In europe, there is active trading taking place, you are seeing some red arrows across the board. The ....

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BLOOMBERG Bloomberg Markets Asia July 14, 2024

Coming up. Tom a riskoff mood percolating through the markets. Of course, we had u. S. Officials coming out and downplaying hopes of a trade breakthrough at the g20, and the commentary from jay powell and james bullard, seeming to disappoint some investors who were banking on a 50 basis point cut in july. Warningsay powell said of Downside Risks have increased, but stopped short of saying that cuts are imminent, a nd jim bullard said a 50 basis point cut might not be warranted, going for more like 25 bits in july. We saw equities pullback from the initial fedinduced rally. China also looking in the red, hang seng futures down 91 points. Yesterday, the chinese banks really tipped the market lower here after the reports that they may have been involved in not agreeing with subpoenas when it comes to north korea violations. More on that later on. Moment, 6. 88 at the pretty flat, but
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SFGTV Government Access Programming July 14, 2024

Ourselves. We are not scientists. For us to review a bible like this or to review thats nice, ill accept the data. I dont know. Maybe youre suggestion is correct one. As we sit right now with the advice that you are projecting to us, im not dismissing your advice and counsel. I know the law because we experience on a weekly basis. We might as well save the public the filing fee for the appeals if its the appeal includes any identifications as health is an issue. We can just dismiss it because wash our hands and by saying, f. E. C. , were not in control. My personal conscious wont allow me to do that. Again, we can tell the chances are slim or none because San Francisco Health Department, this is not an attack, does not want to take up this issue and does not want to fight federal statute. You can understand the position. Sure. President swig we want to protect people. I hea ....

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SFGTV Government Access Programming July 14, 2024

Representatives from city department. Sitting up front is corey teague the zoning administrator. We have Burney Curran and leo plasios. Department of Public Health, we have patrick and jennifer callworth. The Board Meeting guidelines are follows. The board request that you turn off and silence all cell phones. Please carry on conversations in the hallway. Appellants and Department Respondents are given seven minutes to present their case and three minutes for rebuttal. Members of the public who are not affiliated with the party have up to three minutes each to address the board. Please speak in the microphone. To assist the board and the accurate preparations of minutes youre asked to submit a speaker card when you come up to speak. If you have questions about ....

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BLOOMBERG Bloomberg July 4, 2024

Breath. Reports about the scrapping yield curve control along with buying of etfs and all with rate hike potentially. Lets look at how markets and japan are faring. You get the sense regardless of the normalization of policy, markets believe the nikkei can run higher. The fundamentals are intact amid all this Corporate Governance improvement. We saw it decline in the morning session but it did close 2. 7 higher just yesterday. We see in the options market, for example, the contracts for the strike price above the 41,000 level. Those were actively traded. Regardless of the normalization we see today, we still need to see negative real rates persist. That will mean yields will take a while to climb in japan. Between the u. S. And japan, given the yield gap, that will put pressure on the yen. The yen has been well behaved. You feel the sense that the feds move will matter more for this currency pair. Lets take a look at how it ....

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