Today, but you are absolutely correct. We have ebbed away in the last few hours or so. The events over the weekend are absolutely extraordinary, and they are original and unique versus other times of unrest in this nation. Gatesan and the of the and the events of the weeks to come will be remarkable as well. The equity market is totally unchanged at 7 00 a. M. Eastern. As we count people down to that payrolls report this coming friday, we are approaching 20 unemployment. Tom my calculation over the weekend from research 18 s is 70 to unemployment, and the model above that other people who get 2 21 to to 22 unemployment. Americans, unemployment could be 30 . Lisa theres a tension right now between improving Economic Data and the backdrop that is really bleak of rising Unemployment Rates that have decimated certain communities. Today, are looking at ism manufacturing data at 10 00 a. M. Wall street time. People looking for any signs of improvement underneath that. Then there is the ecb c
Sterling in just a few minutes. And of course, the u. K. As well, where weve seen quite a volatile quite a lot of volatility. A little more than we expect it for labor turnover, 7. 2 6 7. 26on billiard million. Now for the extrusive interview. Kathleen i want to welcome our bloomberg audience for this interview with Robert Kaplan, president of the Federal Reserve bank of dallas. It is a windy, rainy day. Clyde you could make it over here. Interesting because you made it clear you are a voter next year. Lets put that on the table. Youve made it clear you are one of the 13 fomc members. You must be one of the dots that sees no rate cuts, no rate hikes unless something happens in 2020. What has to happen . Robert there has to be a Material Change in the outlook, either for better or worse. Ive already got baked into my outlook, we are going to have weak manufacturing next year, sluggish growth, pretty sluggish Business Investment, but with a strong consumer. There would have to be some Ma
And the Asset Classes over there. The british pound is weaker by 1. 5 after a big run up. 1. 35 in change, looking to get everything done by the end of december. We will talk to our next guest about whether that is actually what is going on. Gilts at 77 basis points on the 10 year. The ftse 100 unchanged, but lots going on beneath the surface, including the banks. They are lower today after the bank of england yesterday doubled the capital buffer they on the idearom 1 , that there might even be a rate cut in january. This from Deutsche Bank and potentially others. Obviously come of the scene is not so great for the british banks. Lets get to the latest on boeing. Shares falling today after southwest became the latest airline to say it wont schedule any flights on 737 max jets until april 13 at the earliest. The move comes a day after to haltet a plan production of the 737 max indefinitely. Us with an outperform rating on boeing and a price target of 100 34 per share, did southwest do w
Today. We will be discussing this later on in the show. David lets head over to emma chandra with the first word news. Were moren there deaths overnight in antigovernment protests. Iranian state television reports that at least nine people were killed nationwide. A dozen had already died in demonstrations that began last week over the governments handling of the economy. The president has defended the right of people to protest. The u. S. Has confirmed that mike pence is delayed trip to the middle east is on for this month. Arab leaders denounced the u. S. For recognizing jerusalem as israels capital. Global news 24 hours a day powered by more than 2700 journalists and analysts in over 120 countries. Im emma chandra. This is bloomberg. Alix middle east still front and center. We thought we might have put that a little bit aside. Not so much. That for an exclusive discussion on the global risks shaping 2018 including those from the middle east we want to join Bloomberg Radio. Our collea
U. S. , so bright spot in europe, u. K. Obvious here in the u. S. , we have got a number of points, today initial jobless claims at 8 30. 9 45, loomer consumer comfort index, and at 10 00, the remember,ia fed, today is what, thursday, it is already thursday. Building permits and Housing Starts on monday came in very strong, a lot stronger than excited, so we will see what happens at 10 00. Earnings before the bell sears, dollar tree. Sears just came out with a loss per share of 5. 39. Loss share would be bigger than the one estimate we have somewhere in the neighborhood of a two dollar deficit. Mia more on that i go right to equity on the bloomberg terminal . Where is my catalog . A 79. Ectric guitar is the ken low washer, right . Comparable sales of fullline stores in the Second Quarter up by. 1 . It is yet another loss. That is again if i am counting here the sixth consecutive 11 out of 12s, and like yeah, it is ugly. When you adjust for onetime items, it is two dollars . 87 per shar