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FBC FBN AM July 13, 2024

Welcome to new york. Its been waiting for you. Welcome to new york. Welcome to new york. Welcome to new york. Its been waiting for you. Welcome to new york. Welcome to new york. Lauren welcome to fbn a. M. What a shot of times square, getting ready for the big ball drop today. Thank you for joining us, im lauren simonetti. Cheryl good morning, im cheryl casone. Lauren final trading day of the year e investors are looking at what could be the best year in six, even after yesterdays selling, dow up 17, nasdaq up 4 andahalf, volume expected to be light today. Cheryl asian markets, they have closed the books on 2019. Thanks to progress in the u. S. China trade war, the shanghai index had the best year since 2014. The nikkei, kospi are closed. The shanghai, slightly higher. Hang seng under pressure. Lauren in europe we have red on the screen. The ftse is down 1. 1 , the German Market is closed. Cheryl lets take a look at how the major a ....

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BLOOMBERG Bloomberg Daybreak Americas July 13, 2024

Exchange. This is where we bring you todays market moving news from all around the world. Frombeijing to beirut, istanbul to washington, our bloomberg voices are on the ground with todays top stories. We have chinese pmi numbers that beat expectations, a positive sign as the sectors improvement is crucial to stabilizing the chinese economy. Joining me on the telephone is beijing. s bureau chief how much encouragement should we take from these numbers . Reporter it was slightly higher than what economists expected. New orders also moved into expansion for the first time pointing toall signs that economic slowdown may be reaching a bottom. Looking into 20 20, we also have indications that Infrastructure Investment is going to increase, and hopefully some of that takes. Of course, if this socalled phase one trade deal with the u. S. Comes to pass, that will involve tariff rollbacks, which will also be a boost for exports. ....

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BLOOMBERG Bloomberg Technology July 13, 2024

Thinks peloton is not just a fad. That bullish sentiment coming up. First, we begin with a continued dominance of tech in the u. S. Market. Stocks upadmit, the 1. 7 , nasdaq up more than 1 . Is something bigger going on . It feels like 2019. This unstoppable rally keeps going. It does not feel like a relief rally, because yesterday after the signing of the trade deal, it was just the stocks that trumped 1 . The other averages posted average highs, s p 500 and dow. Typically a relief rally would come after a big selloff from the major averages. It feels a little bit more like perhaps the early stages of euphoria within the bubble paradigm. That starts with capitulation, then with dislocation into the economic face and then phase and then euphoria. Does that match the fundamentals . Trading at ant, greater than 20 times forward pe. As you note last year, earnings fell by double digits. They are expected to fall for the Fourth Quarter
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FBC Varney Company July 13, 2024

The big market mover is gold, and this is a classic flight to safety. Its getting closer to 1600 an ounce. Thats a sevenyear high. 1577, up 25 bucks as of now. Price of oil, 63 a barrel. Can you imagine where the price would be if the general had been killed a few years ago, before america became Energy Independent . Got it. Here are the late news developments. The iranians threaten retaliation. Hundreds of thousands marched through tehran for the generals funeral. The iranians say they will no longer comply with Nuclear Enrichment limits contained in the nuke deal from which mr. Trump was already withdrawn. No backing down from President Trump. Oh, no. After the iraqis demanded the withdrawal of american troops, the president threatened to send them a bill for the bases we had built for them and he threatened t ....

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BLOOMBERG Bloomberg Daybreak Americas July 13, 2024

In 2018, a group of female Venture Capitalists banded together to found all raise with the goal to change the face of those investing in Tech Startups and the people who build them. It is the industry thats changing the world faster than any other, yet it is also one of the most dominated by men. Joining me today on bloomberg , aileen lee, founder of Cowboy Ventures, kirsten green Founding Partner of forerunner ventures, and maha ibrahim, general partner at ataan ventures, all partners all raise. Emily in april of 2018, you all were on the cover of forbes magazine. This is space normally reserved for men, normally reserved for male billionaires, and this is the first time, as i understand it, that a group of women was on the cover. When you saw this, how did it m ....

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