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BLOOMBERG Bloomberg Surveillance July 12, 2024

Fed set 2022 and what the chairman will say and what i assume will be a Virtual Press conference today. Ofncine we will have plenty market action. We will look at the markets every 15 minutes, including what is happening in treasuries. We had the oecd coming out with their economic outlook. That was released about an hour ago, and the oecd, it is a smarter way of doing it, tom. Forecasting the pandemic would cause a Global Economic slump of 6 here, but if there is a second wave, that becomes a seven point 6 slump. It is a good way of visualizing percent comes a 7. 6 slump. By thewas taken aback differentials between the bar charts of europe and the United States. I did not have in my head how much worse the guesstimate is for gdp decline in the europe verses in the u. S. It is a very good report. Francine it is also becau ....

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BLOOMBERG Bloomberg Surveillance July 12, 2024

You say to yourself, come on, come on, come on. This monday is the come on where new york city reopens. With that, a better jobs report, and accident of course, the president talking it up. I thought the research over the weekend from Goldman Sachs, j. P. Morgan and the others was just outstanding, putting shade and putting nuance on that jobs report of friday. Jonathan lets be clear. For this market, for the Global Financial community, friday never really ended. It went through the weekend into monday. The equity market continues to rally. We continue to look ahead this week to a Federal Reserve i just wanted to have the payrolls report change the feds approach to the News Conference this week, tom. Tom maybe a little bit of nuance to it, but i really dont think ....

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BLOOMBERG Bloomberg Surveillance July 12, 2024

Opens up today. A little bit of good news there. Of course, on Bloomberg Television worldwide. We say good morning. John, i love that opening where we had Christine Lagarde ooking at g. D. P. , and your conversation with laurence cud low looking at a better than good jobs report. They couldnt be farther away, could they . Jonathan hope bfl this ecovery in the administration. A lack of urgency around the next move on fiscal policy. I think thats critical, catching up with the administration, they were telling me theyre going wait until july to see what the data looks like. When they talk about progrowth policies, i think were thinking about tax cuts and not emand side push. That will be the debate over the next 30 days. Tom a big debate about that today. But john, i notice dow up 9,000 points off the bottom. Dow 18,000, and we continue to advance this morning as well. ....

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FOXNEWS America Reports With John Roberts Sandra Smith July 11, 2024

Sandra house conservatives also taking aim at Conference Chair liz cheney, calling for her removal from that post after she voted to impeach former President Trump. We have affecting coverage to kick things off on this wednesday afternoon, Kristin Fisher with more of the Biden Administrations next steps but we begin with Jacqui Heinrich live on capitol hill for us this afternoon, hey. Hey there sandra Marjorie Taylor greene did not make things easy on House Minority leader Kevin Mccarthy during our long meeting last night expressing no ....

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BLOOMBERG Bloomberg Surveillance July 12, 2024

Two or three hours ago. The vix comes in from 44 to 41. There is a whole idea of an expanding pandemic all the throughout multiple geographies. There is optimism with Research Houses reaffirming some form of vshaped recovery. It is the oddest monday i can remember. Francine it is a pretty odd monday, although i have to say i have had other odd mondays. Thats get to first word news with ritika gupta. Economyin china the keeps inching its way out of the coronavirus, less industrial output rose 4. 4 percent in may from a year earlier. At missed estimates, and consumer demand is sluggish. Retail sales declined more than expected. So did fixed asset investments. The white house top economic advisers rejecting a more cautious outlook for the economy. Larry kudlow says the chancellor will be the chance will be for a vshaped recovery. He told cnn the Unemployment Rate will fall a ....

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