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BLOOMBERG Bloomberg Surveillance July 12, 2024 - Vimarsana News

BLOOMBERG Bloomberg Surveillance July 12, 2024

Interesting. I think probably a little too early to worry, given where the 10 years right now. Lisa never too early to worry. Jonathan the hyatt is about 90 basis points. We are in the middle. Theres a little bit of concern about oversupply, particularly at the long end, but two governments issued longterm hours. The last few the other was apple and president tim cook. [laughter] it is the 40 year portion that i think is getting the attention. It is about the Duration Risk people are willing to take. Lisa people are saying that perhaps demand for that offering took away from the u. S. Governme...

BLOOMBERG Bloomberg Surveillance July 12, 2024 - Vimarsana News

BLOOMBERG Bloomberg Surveillance July 12, 2024

Jonathan ferro and Lisa Abramovitz are off today. Joining us today is anna edwards from a simulcast. Dow futures up 62. All the politics in america. Milwaukee in a virtual convention. David westin leading our coverage on that. What i find absolutely interesting and i think london has done a better job of this is the shutting down of our economies. Our coverage of the tourism in , all the beaches in the summer, how shutdown is london . Anymore, all that much it has opened up, in theory. This is a services economy, and plenty of people, including myself, are working from home. In terms of the sh...

BLOOMBERG Bloomberg Surveillance July 12, 2024 - Vimarsana News

BLOOMBERG Bloomberg Surveillance July 12, 2024

Alongside lisa abramowicz, im jonathan ferro. Tom keene back on monday. The equity market unchanged right now on equity futures. It is the bond market tickets your attention. The worst week for 10 year treasuries going back to june. Lisa very low rates, but it seems like theres at least a little bit of a concern creeping in about the record bond issuance from the u. S. Government. The question is whether this is a momentary blip. Today, people seem to be treating it as a buying opportunity. Jonathan so far, so good this week in terms of expectations. Claimed yesterday, positive relative to exp...

BLOOMBERG Bloomberg Surveillance July 12, 2024 - Vimarsana News

BLOOMBERG Bloomberg Surveillance July 12, 2024

It is almost jarring. Back monday. Alongside lisa abramowicz, im jonathan ferro. Tom actually dropped me a message this morning at about 4 00 a. M. , looking at the price action and this rotation we have seen. I think its got everyones attention. Weve had a fake after head fake. Is it real this time around . Lisa every investor we speak to says buy any dip. Buy the big tex stocks on any dip whatsoever the big tech stocks on any dip whatsoever. Now people are going back into them. You have to wonder what it would take to make people truly believe in the cyclical story. It has to come from the d...

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...