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BLOOMBERG Bloomberg Surveillance July 12, 2024 - Vimarsana News

BLOOMBERG Bloomberg Surveillance July 12, 2024

Abramowicz and tom keene in new york. Good morning on Bloomberg Radio across the nation. Good morning on Bloomberg Television worldwide as well. Theferro, without question most mysterious jobs report ive ever witnessed. Jonathan we talked about the wide range all morning. Lets talk about it again. At the top, 2. 4 million. Thats the high estimate. Below, 100,000. The pace of the recovery is slowing. I wonder if we have seen more evident if we are seeing more evidence of that a little later this morning. Tom i thought of one of your good questions earlier, the idea of this shift to the new unem...

BLOOMBERG Bloomberg Surveillance July 12, 2024 - Vimarsana News

BLOOMBERG Bloomberg Surveillance July 12, 2024

Abramowitz, Jonathan Ferro off. Anna edwards joining us with the london perspective. The vix, 21. 59. The marketrn to overall. Yields coming in two basis points on the 30 year bond. Bond with a0 year negative yield had record interest. That is how odd that is not in the textbooks. , with a lot of things that are not in the textbooks now. The extent to which Central Banks are manipulating markets, keeping yields low, keep borrowing costs for everyone low. There is nothing normal about what we are seeing here. Incredible movement on the equity market yesterday in the United States, getting back ...

BLOOMBERG Bloomberg Surveillance July 12, 2024 - Vimarsana News

BLOOMBERG Bloomberg Surveillance July 12, 2024

Today, without question, on washington. Jonathan absolutely, and the response from washington both inefficient and insufficient with the president and a series of executive orders painting the democrats into a corner. They dont want to be seen challenging this legally. They need to find a way to get back to the negotiating table fast. Tom the executive order and the news out of hong kong as well. He didnt have time to get to it with kevin cirilli, but we may have a Vice President ial candidate today . Jonathan it has to happen at some point this week and the readthrough for this market will be...

BLOOMBERG Bloomberg Surveillance July 12, 2024 - Vimarsana News

BLOOMBERG Bloomberg Surveillance July 12, 2024

Each year. We are thrilled francine could join us on the simulcast because we actually got lucky with what has happened with the scheduling. In france, with some shockingly weak Economic Data. Francine this is pmi. What a delight to be spending four or five hours together. I think they are trying to see who breaks first. My money, i dont know if it is on me are you, actually. We will see after the second hour of the simulcast. France coming out with pmis that were pretty terrible, and that has taken the market by surprise in europe. There was that and germany. Both leaders saying they are hopi...

BLOOMBERG Bloomberg Surveillance July 12, 2024 - Vimarsana News

BLOOMBERG Bloomberg Surveillance July 12, 2024

Tuscany. Off, somewhere outside toledo. So Francine Lacqua joins us. That is not toledo, spain. Outside toledo, ohio somewhere. I want to get to the data in a moment, with markets moving. Futures 21. I would say this has really this is really jump circuit by the french pmi numbers. Why was this a surprise . Francine i was reading the breakdown. The sharp slowdown is basically driven by services. It shows that the escape from recession wont be flailing like some economists thought. Guess it is partly seasonal i would also point to the fact that infections are rising quite significantly, especia...