The only thing that stops the bond selloff is a stock crash. We weigh those options. Could it be oil . Crude falls below 50 day average. We have jobless claims coming out friday. From new york, and alix steel with my cohost in london, guy johnson. Welcome to Bloomberg Markets i appreciate the front in yield is coming down a little bit but we are sticky with the volatility weve seen. Guy absolutely maybe a little pause but we do not know where we go from here. We need to understand why we have seen what we see. Why yields higher . Is it because of inflation . They are all sellers that buy. And maybe there is more supply. That is the question, the deficit question, is it because of the fact that foreign buyers are not taking up as much . You can go on and on. I asked why yields go higher and nobody has a clear answer. So to figure out what brings this maybe we need to figure out what is taking them higher. Alix didnt you make a comment on my question when you were in lisbon, when i talke
Points for rapidly giving up its gains in the rn points. Pulling back to end up 0. 28 and the nasdaq declining 0. 29 . Some of the managers clearly troubled by events overseas. Thats why the sudden drop before the recovery. But its the behavior of the stocks within the averages that really concerns us. And they are all about people placing bets ahead of this powerful employment report for next week. So, the game plan is going to have to be about 75 nonforeign payroll report, and 25 stocks. Thats the right ratio. How do i know how important this is . Because i can read the tape. And because i studied this number and its impact nine ways to sunday for get rich carefully, my new book, tells you what matters and what doesnt when youre making decisions about your money. And this number matters more than any other number that we ever get. First, the big dogs in this market, ive opined on them endlessly. Those are those slowgrowing consumer and drug stocks. They havent been able to get out of
Mexican airlines will be barred from adding new flights to the United States after the U.S. downgraded its aviation safety rating on Tuesday (May 25).The U.S. Federal Aviation Administration said it would increase scrutiny of Mexican airlines, but also offered expertise and resources to resolve the issues.Mexico was the most common international destination for U.S. air travelers last month. But now the FAA has downgraded it from Category 1, which signifies compliance with international standards, to Category 2, the lowest level.Mexican President Andres Manuel Lopez Obrador had urged U.S. authorities not to downgrade the country, arguing it was compliant.The President of the country's Air Transport Chamber, Luis Noriega, says the downgrade means Mexican airlines will not be able to meet growing demand, particularly after the health crisis."We are in a process of recovery. Demand is increasing gradually and unfortunately national airlines will not be able to take advantage of