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BLOOMBERG Whatd You Miss July 11, 2024 - Vimarsana News

BLOOMBERG Whatd You Miss July 11, 2024

Level. Toestors downright giddy get clarity on a biden transition and a wave of news on the covid vaccine. There is ambiguity about the unequal economy. Rise, Consumer Sentiment falls. Sentiment points pretty positively, though. Joe yeah, i mean, ok, we didnt hit record highs on the s p 500, so the fed has to cut rates. But the big picture is, yes, clearly this is a market with a lot of exuberance. Small caps, this is a part of the market that really lagged for several months even after the recovery began in the spring. They have been on a tear lately. Searching past the old record. So many na...

BLOOMBERG Whatd You Miss July 11, 2024 - Vimarsana News

BLOOMBERG Whatd You Miss July 11, 2024

Expected treasury secretary nominee janet yellen. Americans expectations for the future even grimmer. With no fresh round of stimulus and covid cases surging, many people are not feeling so optimistic as we head into the holidays. One Positive Side of the economy is housing. Joe it was one of the early strong parts of the economy this summer and continues to show incredible momentum. The speed of Housing Price growth through multiple measures. Month over month, i think that is the fastest pace of home price growth ever. Sincet sequential growth 2013. I dont even know if that is a good thing. I...

BLOOMBERG Bloomberg Daybreak Asia July 11, 2024 - Vimarsana News

BLOOMBERG Bloomberg Daybreak Asia July 11, 2024

Policy speech. The city faces rising infection rates and a clamp from beijing. Joe biden names his Foreign Policy and Security Team as he with to calm Relations International friends and foes. He says america is back ready to lead. Haidi lets look at the set up at the start of trading. We are seeing some green shoots at the open, about. 4 higher. Global stocks as well as asian stocks continuing to be on a tear. We are watching keenly for developments in kiwi assets, given we had the rbc releasing its semiannual stability report. This is pushing the kiwi dollar higher. U. S. Ashed through . 70 ...

BLOOMBERG Whatd You Miss July 11, 2024 - Vimarsana News

BLOOMBERG Whatd You Miss July 11, 2024

Caroline when it comes to markets, longterm optimism is winning out over shortterm fear. The seven day average in new covid cases, the u. S. Is claiming in every state. California governor kevin newsom says he is pulling the emergency brake. The dow at a record high, closing just shy of 30,000. S p 500 index at a record high. Rotation caps, we have into value and cyclical sectors. Right here, right now, companies are facing the covid reality. Luckily, the race is on free vaccine. Joe last monday it was pfizer. This monday, moderna expected. In itsefficacy preliminary analysis. They are also to...

BLOOMBERG Whatd You Miss July 11, 2024 - Vimarsana News

BLOOMBERG Whatd You Miss July 11, 2024

Still have a crack at taking the senate, but with biden inching to the white house, what policymaking is the market baking in . Biden hasy rains, but taken many by surprise. Joe the real winner this week, not biden, not trump, the good old 6040 portfolio. Everybody had left it for dad not long ago. Theof the best weeks for 6040 portfolio in a long time. End of election volatility. We are not likely to get a big stimulus. The diversified investor wins again. Romaine another big winner on the week was anyone shorting volatility. Most volatility measures started to pick up. The idea that we were ...