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Transcripts For BLOOMBERG Bloomberg Markets European Close 20240712

Like it is getting down through thursday lows. We are seeing pressure. I love covering the markets. Europe is a snooze fest from an equity market point of view. There is nothing happening. Light volumes. Market trapped in a tight rein from an equity point of view curate we are going nowhere in a hurry. The Energy Sector is reasonably well bid but not spectacularly. The euro is back towards the middle of its risk range. Brent catching a bigger bed. We have the opec note coming out later this week. Reports worth paying attention to. Overnight, we do not see much out of china. You are seeing a little bit in terms of the nasdaq. Alix yes. That is a good point. He saw mike wilsons note at morgan stanley. He came out in the note last week talking about it was a pull forward of demand for tech where sustained acceleration. If there is a pull forward, how much earnings estimates increase can you see in 2021 . You also wonder moving into cyclicals, may be moving into cyclicals and out of the gr

Transcripts For CSPAN2 Book TV 20140719

Physically at least invest in those countries or asset class is. Then i think how the world will change with the emerging markets to riga heavy lifting producing the stuff that we consume and we thought this was a good deal. That has not been of a good deal for them ended gravy train for americans but that will and and when the producers start to consider what will they consume . So what somebody in china will buy will be different than what the american buys in china if they buy a car chases are it is the first car but in america they just trade the old one and. In china it is printed do so there is a lot of steel and resources. A lot of the cars they will get from lusby will sell them the used cars we cannot afford to drive because gasoline prices are too high one of the reasons they are driving less is they dont have a job. Why Energy Consumption is down so much but it will go down more because now they will have jobs but cannot afford the gasoline because as the dollar collapses wh

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