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BLOOMBERG Bloomberg Markets Americas July 12, 2024 - Vimarsana News

BLOOMBERG Bloomberg Markets Americas July 12, 2024

Little ahead of expectation. The employment number has picked up a little bit as well. But you need some real analysis on what is happening here. Theres one man to ask, mike mckee, bloombergs International Economics and policy correspondent. Michael read into it what you want. The numbers for ism do come in at a headline level lower than the last month. 56 last month, 55. 4 this month. It would suggest a be a little slowing, but that is the statistical anomaly probably. It isnt a major change. We see drops in new orders and production, but those were very healthy. For for new orders, 61 produc...

BLOOMBERG Bloomberg Surveillance July 12, 2024 - Vimarsana News

BLOOMBERG Bloomberg Surveillance July 12, 2024

Worldwide on Bloomberg Radio and Bloomberg Television. Weve been doing this for 19 years. Each year is different. Vice president pence will travel here to the memorial site, maybe with Vice President biden in attendance as well come on his way to pennsylvania. It is a most different september 11. Jonathan 8 46 eastern is the first moment of silence as we observe United Airlines flight 11 striking the north tower 19 years ago. Tom there are all sorts of remembrances, but no one on this team but Lisa Abramowicz understands this. To go back 19 years, really and ask ordinary moment for those of yo...

BLOOMBERG Bloomberg Surveillance July 12, 2024 - Vimarsana News

BLOOMBERG Bloomberg Surveillance July 12, 2024

Tomorrow. We will have our fed coverage as usual. Then onto an exceptionally busy end of the week. Theres no question about it, you wonder where this stimulus debate will be in washington by the end of the week and into the sunday talk shows. Jonathan 98 days until the election, you would think washington, d. C. Would get it together. Just as the economy starts to roll over, as that recovery starts to plateau, the collective will to do a whole lot more fades. That is the story, and it is always the story you when you exit the immediate crisis, the collective will fades. Tom Lawrence Kudlow sti...

BLOOMBERG Bloomberg Surveillance July 12, 2024 - Vimarsana News

BLOOMBERG Bloomberg Surveillance July 12, 2024

In brussels. Then you rollover in the stimulus, and the struggle is to get to august. That is what they are going to do at the white house today to have senator mcconnell go up to. Ee mr. Trump this is a Republican Party in fullscale panic. Jonathan congress returning to work. A 2 trillion spread between democrats and republicans going into these negotiations. Lisa it will be really interesting to see what President Trump is demanding and what he is willing to give up. Lets start with what tom already laid out. 4 00 a. M. Eastern time or p. M. Brussels time, we get the eu leaders reconvening t...

BLOOMBERG Bloomberg Markets Balance Of Power July 12, 2024 - Vimarsana News

BLOOMBERG Bloomberg Markets Balance Of Power July 12, 2024

One interesting thing is we finally have a little bit of strength for the dollar after the fed yesterday in a while range, now slightly higher. This is tampering gold. A gold rally is on pause. Not a strong Risk Appetite on the day to say the least. David at the same time, we had the big tech hearings with the four ceos getting beaten up. We had some big earnings today. Does it look like tech might be holding up a bit better . That tech hearing yesterday, they lucked out, or investors lucked out to some degree on the fact the fed was also happening that day. That was probably more of a psychol...