>> > > IT WOULD TAKE A GREAT DEAL FOR THE
ECB TO QUIT NORMALIZING. >> > > THE ECB IS BACK INTO
HAZARDOUS REGION HERE. >> > > THEY ARE HOPING THEY CANISTER HIKE WITHOUT CAUSING AN EVEN DEEPER RECESSION, BUT THAT IS AN OPEN QUESTION. >> > > THE THREAT OF THE MARKETPLACES AS WE TALK OURSELVES RIGHT INTO An ECONOMIC DOWNTURN. >> > > THE ECB REMAINS IN AN EXTREMELY HARD PLACE. >> > > THIS IS “” BLOOMBERG.
MONITORING”” WITH TOM KEENE, JONATHAN FERRO,.
AND ALSO LISA ABRAMOWICZ. JONATHAN:.
LIVE FROM NEW YORK CITY, FOR OUR AUDIENCE WORLDWIDE, GOOD.
EARLY MORNING. THIS IS “” BLOOMBERG MONITORING”” ON TV AND RADIO. ALONGSIDE TOM KEENE, I AM JONATHAN FERRO, HERE WITH.
KAILEY LEINZ.FUTURES DOWN.
IT IS COMPLETION OF FORWARD.
ASSISTANCE. TOM: WE CANISTER DISCUSS THAT AND.
BONDS AHEAD NEXT WEEK TO An EXTREMELY VITAL FED CONFERENCE. BUT WE HAVE TO DO– WHAT I SEE ON THE DATA SCREEN RIGHT NOW IS.
THE SURPRISING SPEED THAT WE SEE IN CONTOUR INVERSION. ABSOLUTELY SENSATIONAL HOW WE REVISIT NEW, GREATER INVERSION. JONATHAN: WHAT I SEE IN ECONOMIC INFORMATION IN.
EUROPE, IT IS DREADFUL. PMI A DISADVANTAGE SURPRISED HERE.
THAT IS NOT WHAT YOU WISHED TO SEE THE DAY AFTER A FOR THE.
BASIS POINT HIKE.SOCGEN STILL
CALLING THIS.
UNBUYABLE POTENTIALLY THROUGH THE REMAINDER OF THE YEAR. TOM: THAT IS ON THE GDP TOO THEY.
HAVE COME TO BE DEPENDENT POSSIBLY AFTER WHAT WE SAW THE OTHER DAY. OBVIOUSLY, THE MARKETPLACE NOT IMPRESSED. THE RISE IN EURO REQUISITES RIGHT AROUND. IT HAS TO DO WITH ECONOMIC DATA, WRAPPED AGAINST, AS LAGARDE.
MENTIONED YESTERDAY, ORIGINAL NATIONAL POLITICS. TOM:– JONATHAN: ISN'' T IT GOOD INFORMATION WE QUIT. ACTING WHAT WILL OCCUR IN EUROPE? TOM:.
YOU KNOW IN WHICH I AM ON THIS. JONATHAN:.
WHAT DO YOU MAKE FROM BREEZE CHAT UPCOMING OUT AS WELL AS STATING NO.
FORECAST, NO ADVICE, WE DO NOT KNOW WHERE WE ARE GOING.
EITHER? TOM: I SIMPLY CLAIMED TO MATT MILLER THAT.
THE CONFLATION OF TECH IS TECHNOLOGY IS OHLONE. THERE IS PROFIT-MAKING TECHNOLOGY AND ALSO STORY STOCKS.JONATHAN:.
CAN WE TAKE A MACRO SIGNAL FROM THE END RESULT OF BREEZE CONVERSATION AND.
REVENUES? KAILEY: YOU MAY BE ABLE TO IN WHAT.
THEY ARE SPEAKING ABOUT IS ADVERTISERS BRING UP BECAUSE.
THE MACROECONOMIC ATMOSPHERE DETERIORATING. ARE THEY GOING TO BE A BELLWETHER FOR TWITTER, META,.
ALPHABET? ALSO WHAT I ASSUMED INTERESTING.
IS THEY ARE SLOWING DOWN HIRING. HOW LOTS TIMES HAVE WE HEARD.
THAT OVER THE LAST PAIR WEEKS? JONATHAN:.
I NEED TO SAY, TRANSGRESSION'' T THAT THE OBJECTIVE, THE GOAL OF FED.
POLICY? JOB OPENINGS TO BE REDUCED,.
SIMPLY TAKE THE GUY OUT OF THE LABOR MARKET? KAILEY:.
IN THEORY, ESP THE QUESTION IS ARE THEY ACTING SO AGGRESSIVELY.
THAT BY THE TIME INFORMATION CATCHES UP SEE NOT SIMPLY A COOLING DOWN BUT.
STRAIGHT-OUT DESTRUCTION IN THE LABOR MARKET? AS WE SPEAK ABOUT WHERE FED FUNDS REQUIRED TO REACH, IN WHICH.
DOES JOBLESSNESS GET– REQUIREMENT TO OBTAIN TO? JONATHAN: THE ONE POINT IN CORPORATE.
COMMS THAT STRESSED ME WAS AT&T, COMING-OUT AS WELL AS SAYING PEOPLE.
SUCCESSFULLY ARE POSTPONING PAYING THEIR EXPENSES. THAT IS SOME RING– SOMETHING WORTH PAYING ATTENTION TO.TOM:.
I WOULD AGREE THAT IS 18 LEAVE. I WOULD ALSO SAY THEY HAVE A.
LITTLE OF COMPETITION. I JUST TAKE ENORMOUS ISSUE OF.
MEDIA CONFLATING SNAP WITH NAME YOUR BIG TECHNOLOGY STOP MAKING GOOD.
BILLION– GAJILLIONS OF CASH. KAILEY:.
WE'' VE SEEN IT IN META ALREADY. APPLE PERSONAL PRIVACY CHANGES HAVE BEEN.
CONSIDERING ON THAT STOCK FOR A VERY LONG TIME. JONATHAN: I WILL CERTAINLY WHIP THROUGH THE RATE.
ACTIVITY. THE NASDAQ, LOWER BY HALF. THE YIELD AS WELL AS SIX BASIS FACTORS. EURO-DOLLAR 101.55. KAILEY:.
I WILL TRY TO GET MYSELF OUT OF THE DOG HOUSE WITH TOM KEENE. WE HAVE A LOT GOING ON. JUST CONCERNING 25 MINS FROM NOW,.
WE WILL GET A CHOICE FROM THE BANK OF RUSSIA. WE HAVE ALREADY SEEN 10.5 PERCENTAGE DETAILS OF PRICE CUTS.
FROM APRIL TO JUNE.WE AFFECT ANOTHER PERSON 50 BASIS. POINTS TODAY, ALTHOUGH OUR ECONOMISTS AT BLOOMBERG. INTELLIGENCE THINK THE RESERVE BANK WILL CERTAINLY ELEVATE FORECASTS–. WHAT A TURN-AROUND CONTRASTED TO WHEN THEY FIRST ATTACKED UKRAINE. WE WILL GET ARISE FROM TWITTER– SIMPLY RESULTS, NOT A. CALL, BECAUSE THAT IS ALL THE DRAMA WITH ELON MUSK IT WILL CERTAINLY HE.
BE FORCED TO BUY THE FIRM? LOOKING AT A SHARE PRICE OF $39. DOES NOT APPEARANCE LIKE THE MARKETPLACE BELIEVES IT. BUT WE WILL CERTAINLY TAKE NOTE OF THE MARKETING AND ALSO DAILY.
ENERGETIC USERS.ARE THEY SUCCUMBING THE. VERY SAME FORCES AS SNAP, ADVERTISING AND MARKETING SLOWING DOWN DOWN? AT 9:45 EASTERN, WE OBTAIN THE. PRE-LIM READ ON PMI ' S FOR THE MONTH OF JULY. WE ANTICIPATE'MANUFACTURING TO LOSS TO THE 52 LEVEL, BUT WE HAVE. SEEN A STRING OF DRAWBACK SURPRISES IN ECONOMIC OBTAIN OVER. THE LAST 1 DAY OR SO, PARTIALLY WHY WE ARE SEEING A BIG. RALLY IN THE BOND MARKET, SO WILL CERTAINLY WE SEE FOLLOW-THROUGH ON. THE REMAINS IN EUROPE WHEN IT COMES TO THOSE NUMBERS LATER ON? JONATHAN: IN CONSIDERING TREASURIES,. RETURNS REDUCE BY 5 OR 6 BASIS POINTS. THIS ARRAY WE HAVE TRADED
IN IN THE LAST 24 HOURS, THE HIGH OFF. YESTERDAY ' S SESSION. JIM CARON SIGNS UP WITH United States, CHIEF FIXED.
INCOME PLANNER AT MORGAN STANLEY. WITH THAT A MAJOR ECONOMIC INFORMATION LAUNCHED– WHAT DO YOU CONSTRUCT FROM. THAT? JIM: WE GO TO AN INFLECTION POINT. MARKETS ARE TRYING TO NUMBER OUT IF THEY REQUIREMENT TO FOLLOW THE. NOMINAL DEVELOPMENT OR THE REAL DEVELOPMENT AREA NOMINAL DEVELOPMENT,.
WHICH HAS BEEN FAIRLY POSITIVE, BUT WHEN YOU READJUST.
FOR RISING COST OF LIVING, THE REAL INFORMATION IS LOOKING EXTREMELY WEAK.WE ARE SEEING PMI ' S BEGIN NEAR. CRITICAL THRESHOLD LEVELS, AND ALL THE SURVEY DATA IS. SUGGESTING THAT. A WHOLE LOT OF MONEY IN THE SYSTEM. RIGHT CURRENTLY. PEOPLE ARE UNCONVINCED REGARDING.
WHERE TO GO. I BELIEVE THE BOND
MARKETS HAVE. BEEN POSITIONED WHERE THEY SOLD OFF, YIELDS HAVE INCREASED, AND ALSO. IT IS SIMPLY DRAWING IN SOME BUYERS NOW, BECAUSE. THERE IS A LOT
OF UNCERTAINTY OUT THERE. TOM:. YOU GO RIGHT WHERE I AM THINKING ABOUT, WHICH IS THE. SUGAR HIGH OF INFLATION. THAT WOULD BE FLAVOR AS WELL AS THE. SUGAR HOW YOU GET FROM IT.
THERE IS A POINT AFTER THE. THIRD FLAVOR WHERE IT DOES NOT FUNCTION. TALK ABOUT THE SMALL JOY WE ARE SEEING CURRENTLY VERSUS THE REALREAL. OF 2023. JIM: IT IS INTERESTING KATE IF WE. PUT A COUPLE
INFORMATION POINTS TOGETHER– MOST OF US KNOW EARNINGS.
HAVE BEEN RISING, NOMINAL WAGES HAVE BEEN RISING.
BUT IF YOU TAKE A LOOK AT REAL INCOME, ADJUSTED FOR RISING COST OF LIVING, THEY. ARE DOWN 3.4% YEAR-OVER-YEAR. WE JUST RECENTLY HAD A RETAIL SALES. NUMBER THAT WAS A MONTH
OVER MONTH NUMBER THAT WAS PRETTY.
BIG, POSITIVE 1%. WE ALSO HAD, IN THE SAME WEEK,.
A CPI NUMBER THAT WAS 1.3 %. WHEN YOU DEDUCT THE 1.3 FROM. 1, RETAIL SALES ARE ACTUALLY AT -.3%. INDIVIDUALS ARE STARTING TO BUY LESS ITEM BUT THEY ARE PAYING EVEN MORE. CASH THIS WILL START TO CONSIDER ON SUPPLY CHANGES WHICH.
WILL CERTAINLY WEIGH ON GDP. THE REAL INFORMATION IS ACTUALLY.
INFORMING United States– FORGIVE THE WORD PLAY HERE– THE GENUINE STORY, WHICH IS. THAT THINGS ARE STARTING TO REDUCE MORE MATERIALLY THAN.
WHAT MANY OUT THERE ARE ASSUMING, AND ALSO CERTAINLY THE. NOMINAL INFORMATION DOES SUGGEST. KAILEY:. WHAT DOES THAT MEAN FOR THE
FED? WHAT THEY ARE LOOKING TO ACHIEVE.
HIS DEMAND DECREASE. IF THAT IS ALREADY STARTING,. DOES THAT MEAN IT DOES NOT HAVE TO GO AS MUCH? JIM:. THAT IS THE CRUX OF THE MATTER GET I BELIEVE THEY WILL CERTAINLY GO AS FAR.
THE FED IS WALKING RATE OF INTEREST RIGHT INTO A KNOWN SLOW DOWN IN. THE MARKETPLACES. THIS IS SOMETHING THAT THEY DO.
NOT NORMALLY DO. I BELIEVE THEY ONLY DID THIS WHEN. IN THE LAST HALF A CENTURY, AS WELL AS IT WAS
IN THE 1970 ' S BELOW THIS IS. ALMOST UNPRECEDENTED.THE FED SEES THEY HAVE TO BRING.
DOWN INFLATION AT THIS PHASE.
I LEAVE THEY AGREE TO GO
. 75 BASIS AIMS IN JULY, PERHAPS 50 TO 75 IN SEPTEMBER. THEY WILL CERTAINLY KEEP GOING APPROXIMATELY. 3.75%, OR MAYBE EVEN A LITTLE HIGHER, BY EARLY NEXT YEAR.
ALTHOUGH THAT WE ARE SLOWING DOWN, ARE WE SLOWING SUFFICIENT. TO ACTUALLY OBTAIN RISING COST OF LIVING TO WHERE THEY NEED IT TO BE? I THINK THE RESPONSE TO THAT NOW IS NO, THEY ARE NOT. SO THEY WANT TO BE AGGRESSIVE EVEN WHEN FACED WITH. THIS WEAK POINTS. JONATHAN: WHAT DO YOU MAKE OF THE EASING.
FINANCIALS? JIM: I AM A LITTLE MIXED, BECAUSE I. THINK INDIVIDUALS ARE VERY PLEASED CONCERNING THE REALITY THAT PERHAPS
. RATE OF INTEREST HAVE QUIT GOING UP. APPEARANCE AT WHAT IS
HAPPENING ALONG THE YIELD CONTOUR. AS WELL AS I RECOGNIZE THAT, WHEN RATES OF INTEREST THOUGH LOW,. PEOPLE THINK THEY WILL CERTAINLY BE RATHER STEADY, INDIVIDUALS BEGIN. TO MOVE RIGHT INTO DEVELOPMENT EQUITY, AS WELL AS THAT BEGINS
TO RAISE EQUITY. COSTS, HIGH YIELD STARTS TO COME DOWN, INDIVIDUALS BEGIN TO LOOK. YIELD BECAUSE THEY BELIEVE THE
THRUST HIGHER INTO RATE OF INTEREST. PRICE IS OVER.WHAT THEY ARE NOT TAKING ABOUT.
SUFFICIENT IS WHY OUR FEES GOING DOWN? THEY ARE NOT GOING DOWN COMPLETELY REASONS. THEY ARE GOING DOWN SINCE THE ECONOMIC CLIMATE IS SLOWING. I SEE THIS AS A LITTLE BIT OF A SUGAR HIGH. I SEE THIS AS OK, LET ' S GO BUY. SOMETHING, BUT'WHY OUR RATES GOING DOWN, MAYBE I SHOULD. RETHINK THIS.
SO I AM CYNICAL ON THIS RALLY.
NOW FOR THOSE FACTORS. JONATHAN:.
AFTER THE INFORMATION MEETING ENDED UP THE OTHER DAY WITH.
HEAD OF STATE LAGARDE, WHAT DID YOU AND YOUR TEAM SAY TOGETHER? THE FIRST WORDS THAT LEFT YOUR MOUTHS, WHAT WERE YOU THINKING? JIM: I HAVE NO SUGGESTION WHAT IS GOING ON.
[GIGGLING] IT WAS REALLY LITTLE INFORMATION PUT.
IN THIS TRANSMISSION PROTECTION TOOL THAT REALLY MADE IT.
SEEM THEY SIMPLY OPENED UP THE DOOR TO SAY WE WILL CERTAINLY HIKE RATE OF INTEREST.
PRICES, BUT WE HAVE THIS OTHER TOOL IN CASE THERE IS A.
TROUBLE, AND ALSO IT IS A BIG DEVICE, DO NOT BOTHER WITH IT, WE GOT.
IT. THE ECB CLEARLY DESIRES TO LIVE.
IN THE MARKETPLACE. TOM: IN BLOOMBERG OPINION– “” TPI–.
TO PROTECT ITALY.”” JONATHAN: GREAT TO CATCH UP WITH YOU. THAT APPEARS TO BE THE REMOVE AFTERWARDS ECB PRESS CONFERENCE.
— INDIVIDUALS'' S HEADS SPINNING.MY HEAD WAS ABOUT TO TAKE OFF. IF I HEAR CPI A LOT OF TIMES TODAY, I ASSUME IT WILL GO THAT. WAY. TOM: AN COLLEAGUES OF A FAMILY MEMBERS. MEMBER HAD An ESSAY FROM 1945 IN OXFORD OF JOHN MONET. ABSOLUTELY NOTHING HAS ACTUALLY TRANSFORMED SINCE AFTER THAT. NOTHING EVEN MORE IN THE POLITICAL. EFFUSION OFF THE MEMORY OF GLOBE BATTLE II. I ASSUMED LAGARDE DID WELL GIVEN ALL THE CONFLICTING.
NATIONAL POLITICS SHE FACES. JONATHAN: THE EURO WEAKER. FUTURES DOWN A BIT AFTER A SUITABLE GO FOR GAINS. FROM NEW YORK CITY, THIS IS BLOOMBERG. RITIKA:.
MAINTAINING UP-TO-DATE WITH INFORMATION FROM AROUND THE GLOBE WITH THE.
FIRST WORD, I AM RITIKA GUPTA. UNITED STATE SOCIAL NETWORK GIANTS ARE ON.
TRACK TO LOSE $49 BILLION SINCE YESTERDAY'' S CLOSE. CONCERNS ON THE EXPECTATION FOR.
ON-LINE ADVERTISING FOR THE ENTIRE MARKET APPEAR THAT SEES A.
MAJOR DOWNTURN. BUSINESS SECRETARY GINA.
RAIMONDO WARNS THE UNITED STATE CANISTER NOT RELYING ON TAIWAN FOR.
SEMI CONDUCTORS IN AN TO AN ANNUAL SECURITY ONLINE FORUM. SHE CALLED THE $50 BILLION.
PLAN A SPUTNIK MINUTE FOR AMERICA. IN THE U.K., A BRAND-NEW SURVEY SHOWS FOREIGN SECRETARY LIZ TRUSS.
PROLONGING HER LEAD OVER PREVIOUS CHANCELLOR RISHI SUNAK TO BE.
THE NEXT PRIME MINISTER.IN A SWIMMING POOL OF CONSERVATIVE PARTY. PARTICIPANTS, 62% SAID THEY WOULD ELECT TRUSS, 38 %WENT WITH. SUNAK.
TURKEY STATES AN AGREEMENT TO.
ALLOW SHIPMENTS OF UKRAINE'' S GRAIN WILL CERTAINLY BE CHECKED IN. ISTANBUL TODAY. UKRAINE, RUSSIA, AS WELL AS THE U.N. WILL CERTAINLY SIGN THE ACCORD. UKRAINE ' S GRAIN DELIVERIES HAVE.
BEEN LARGELY DELAYED AS PORTS HAVE BEEN OBSTRUCTED GIVEN THAT THE.
RUSSIAN INVASION. ONE OF ELON MUSK'' S TOP. EXECUTIVES AT TESLA THE TOPIC OF AN INTERNAL EXAMINATION. BLOOMBERG LEARNED OMEAD AFSHAR IS BEING CHECKED OUT AT HIS FUNCTION.
IN A PLAN TO ACQUISITION HARD-TO-GET CONSTRUCTION.
MATERIALS.HE RUNS THE FIRM
' S TEXAS. MANUFACTURING FACILITY.
DETAILS OF HIS SEPARATION ARE.
BEING WORKED OUT. INTERNATIONAL INFORMATION 24 HOURS A DAY ON.
AIR AND AT BLOOMBERG QUICKTAKE, POWERED BY GREATER THAN 2700.
JOURNALISTS AND ALSO EXPERTS IN MORE THAN 120 COUNTRIES. I'' M RITIKA GUPTA. THIS IS BLOOMBERG. >> > > WE DECIDED TO INCREASE THE.
3 SECRET ECB RATE OF INTEREST BY 50 BASIS POINTS AND AUTHORIZED.
THE TRANSMISSION PROTECTION INSTRUMENT. WE EXPECT INFLATION TO REMAIN UNDESIRABLY HIGH FOR A LONG TIME.
DUE TO CONTINUED PRESSURE FROM POWER AS WELL AS FOOD RATES AND ALSO.
PIPE PRESSURES. JONATHAN: GO BACK TO BED AS WELL AS OBTAIN UNDER.
THE COVERS. THE ECB WALKING RATES OF INTEREST. OR PERHAPS GO BACK TO SLEEP, BECAUSE THAT IS WHAT IT FELT.
LIKE AT THE PRESS CONFERENCE OCCASIONALLY YESTERDAY.TOM:.
IT WAS NOT A SNOOZE FEST. I HELD ON EVERY WORD. JONATHAN:.
I WAGER YOU WERE. DID YOU EVEN BRING THAT NEWS.
SEMINAR ON RADIO? TOM: WE DID– JONATHAN:.
JUST HOW MUCH OF IT? TOM: POSSIBLY 90 SECONDS. THERE WAS A GREAT DEAL OF GOOD COMMENT.
ACROSS ALL OF SERVICE MEDIA. WHAT MARTIN ARNOLD DID WAS.
EXCELLENT. AS WE HEARD FROM JIM CARON, IT.
IS A BIG “” SO WHAT””– IT REQUIRES TO BE TESTED. JONATHAN: I THINK BFA STATED FROM WHATEVER.
IT TAKES TO WHATEVER YESTERDAY. ON THE NASDAQ, LOWER 0.6%. DOWN 6 BASIS AIMS ON THE 10.
YEAR STATESIDE. THE BUTTON MARKET– PERMIT ME TO.
TELL YOU WHAT 10-YEAR BOONE– BUNDS ARE. THE TWO-YEAR DOWN 19 BASIS POINTS. THE PMI OUT OF EUROPE TODAY WERE TERRIBLE. ALLOW'' S BE IN ADVANCE. THEY WERE JUST BAD. TOM:.
23 BASIS DIRECTS ON THE GERMAN TWO-YEAR IS WHAT I SEE. IT REVEALS THE TRANSATLANTIC SEPARATE WE HAVE MADE MONEY WE HAVE.
A DIVIDE IN WASHINGTON AS WELL.BLOOMBERG '
S JOE MATHIEU BRIEFS.
IS NOW YOUNGSTER I DO NOT WANT TO DO THE POSTMORTEM ON THIS.
SEMINAR. EVERY PERSON IS DOING THIS. EVERYBODY HAS GOT A POLITICAL VIEW. I DESIRED YOU TO RESPONSE FOR OUR DOMESTIC AND ALSO INTERNATIONAL.
TARGET MARKET, WHAT IS THE SO WHAT? WHERE WAS THIS IN SEPTEMBER OR.
DECEMBER OR IN THE HISTORY BOOKS? JOE:.
IF YOU'' RE CHATTING REGARDING THE JANUARY 6 COMMITTEE, COME.
SEPTEMBER, PARTLY WE COULD GET MORE HEARINGS. WE UNDERSTAND LAST EVENING, FROM MEMBERS OF THE BOARD, MORE.
WITNESSES ARE COMING ONWARD, MORE EVIDENCE.LIZ CHENEY SAYS IT IS THE DAM. STARTING TO BREAK.
TIMING IS An ACTUAL TROUBLE. WE WERE SUPPOSED TO OBTAIN A LAST REPORT FROM THIS COMMITTEE.
IMMINENTLY. LAST EVENING WAS SUPPOSED TO BE.
THE GRAND FINALE. NOW WE UNDERSTAND IT IS NOT. THEY WILL CERTAINLY DROP AN INTERIM RECORD. WHAT OCCURS IF REPUBLICAN POLITICIANS TAKE CONTROL OF THE HOME IN.
NOVEMBER? THEY WILL CERTAINLY LIQUIFY THIS.
COMMITTEE AND TURNAROUND AND ALSO EXPLORE THE PRIVATE INVESTIGATORS. TOM: JOE, YOU'' RE REALLY PROFICIENT AT THIS.YOU GET OUTSIDE THE BELTWAY–.
IT IS UNSUBSTANTIATED, BUT HE HAS ACTUALLY NOT TAKEN IN ALL THE.
KOOL-AID YET OF D.C. WHAT'' “S THE “SO WHAT”.
OF THIS IN THE HISTORY PUBLICATIONS, OTHER THAN DEMOCRATS FEEL THIS.
WAY, REPUBLICANS REALLY FEEL BY DOING THIS? JOE: IF YOU'' RE TALKING ABOUT. SEDITION AND WITNESS TAMPERING, IF THAT IS PROVABLE, THAT IS A.
BIG DEAL. THE BOARD HAS TWO OBJECTIVES. ONE IS TO THAT THE RECORD STRAIGHT PROVIDED YOU ARE A HISTORY.
ENTHUSIAST. WE WISH TO KNOW WHAT IN FACT.
HAPPENED TO MAINTAIN IT FROM OCCURRING AGAIN. INDIVIDUALLY, THERE IS THE MATTER OF LEGAL JUSTICE. IT IS UNCLEAR HOW, IF, THIS BOARD ACTUALLY DOVETAILS.
KEEPING THAT INVESTIGATION. LIZ CHENEY WANTS TO SUPPLY.
DETAILS. THE CHAIRMAN SAYS THAT IS NOT.
THEIR WORK, THEY ARE JUST TO COLLECTION THE DOCUMENT STRAIGHT, MERRICK.
GARLAND CAN DO WHAT HE WANTS. KAILEY: TO THAT FACTOR, AND YOU.
POINTED OUT LIZ CHENEY, SHE IS REALLY FEELING THE WARM FROM DEVIATING.
FROM HER PARTY. AT THE VERY LEAST ADAM KINZINGER IS NOT.
LOOKING FOR REELECTION.JOE: WITH RESPECT
TO HER OWN RACE,. THAT IS ITS OWN THING IN WYOMING. INDIVIDUALS ARE WONDERING HOW MAY DEMOCRATS MAY ELECT LIZ. CHENEY. BUT SHE COULD BE IN TROUBLE.
SHE COULD ALSO BE ESTABLISHING HERSELF UP FOR A PRESIDENTIAL. RUN DOWN THE ROADWAY. WITH RESPECT TO THE MIDTERMS. THEMSELVES, WE STARTED THIS
SEGMENT DISCUSSING RATE OF INTEREST. RATES AND RISING COST OF LIVING, WHICH IS WHERE THE DISCUSSION WILL. START THAT IS WHERE DECISIONS WILL CERTAINLY BE MADE AT THE ABOUT BOX. IT WILL CERTAINLY LIKELY NOT BE DRIVEN BY WHAT THIS BOARD IS DOING. KAILEY: OBVIOUSLY THE VARIOUS OTHER NEEDS THAT. HIT THE CORDS THE OTHER DAY WAS HEAD OF STATE BIDEN TESTED FAVORABLE. FOR COVID-19. I REMEMBER WHEN HEAD OF STATE TRUMP. EVALUATED FAVORABLE IN OCTOBER OF 2020.
THAT WAS A COMPLETELY VARIOUS MOMENT IN THE PANDEMIC AND ALSO IN. THE INFORMATION CYCLE. IT WAS ALL SINCE SPEAK ABOUT.
FOR DAYS DUE TO THE FACT THAT WE DID NOT HAVE PROGRESSED INOCULATION AND. THERAPIES. IT APPEARS NO ONE IS PAYING.
FOCUS. JOE: YOU ARE TAKING CARE OF AN ALMOST.
80-YEAR-OLD GUY, AND THERE ARE PROBLEMS ABOUT HIS HEALTH, BUT. THE WHITE HOUSE WAS QUICK TO REJECT IMAGES AND ALSO VIDEO OF. THE HEAD OF STATE TO GUARANTEE THE WORLD THAT HE IS FINE. HE IS ISOLATED IN THE HOME, APPARENTLY WORKING. DIFFICULT. EVERY PICTURE HE LAGS THE.
WORKDESK AND ALSO DOING SOMETHING.
THAT IS THE MEANS IT GOES. THE MESSAGING FROM THE WHITE HOME IS REALLY STUNNING, AS WE. CHECK OUT IN WHICH WE WERE A YEAR AGO TODAY. JOE BIDEN WAS IN A CNN TOWN HALL, AS WELL AS HE SAID THAT HE WILL.
NOT GET COVID IF YOU TAKE THE VACCINE. REALITY CHECKERS PLAYED WITH THAT DURING THAT TIME. YESTERDAY IN THE WHITE HOUSE REAPING ROOM, THEY SAID WE.
EXPECTED THIS WOULD ALWAYS TAKE PLACE WITH REGARD TO THE.
PRESIDENT BEING INFECTED.WE NEVER HEARD THAT BEFORE, NOT. DIRECTLY.
BUT ALSO, SOONER OR LATER.
EVERYONE WILL CERTAINLY OBTAIN IT TREATMENT THAT IS THE FIRST TIME I'' VE HEARD. THAT FROM A WHITE HOME AUTHORITIES, CERTAINLY IN THIS.
MANAGEMENT, THAT WAS PARTIALLY CHOSEN TO BEAT COVID. JONATHAN: JOE MATHIEU, WE WILL CERTAINLY SIGN IN.
WITH YOU. IF THERE WAS A TIME IN THIS.
PANDEMIC– TOM: I BELIEVE IT IS ACTUALLY NEGATIVE.
MEDICATION. IF YOU OBTAIN IMMUNIZED, THAT.
DOES NOT DIMINISH THE CHANCE TO ENJOY COVID. WHAT THAT IMPLIES IS, WHEN YOU GET ILL, YOU OBTAIN MUCH LESS.
SICK, PARTICULARLY WITH THE DOUBLE BOOSTERS. THE PRESIDENT GETS COVID AND EVERY PERSON GOES NUTS– I OBTAINED.
COVID, I DO NOT EVEN LEARN THROUGH YOU– JONATHAN: YES, YOU DID.
[LAUGHTER] TOM: OK, YOU SENT OUT ME A FRUIT BASKET. BESIDES THAT– JONATHAN: I CHECKED IN MULTIPLE TIMES. DON'' T EVEN BEGIN. NASDAQ WILL CERTAINLY S&P, WE ARE DOWN. THE WEAKNESS IS SOMETHING WE NEED TO REST ON. DOWN 3 QUARTERS OF 1%.
THE INFORMATION AROUND EUROPE IS SIMPLY.
NEGATIVE PURE FOR THOSE PEOPLE AROUND EXPRESSION YOU WILL TALK US.
RIGHT INTO A RECESSION– I AM NOT TALKING ANYONE INTO ANYTHING. I'' M JUST CHECKING OUT ECONOMIC INFORMATION– IT SPEAKS QUITE NOISALLY. TOM: CAN WE PREPARE FOR THE “” REAL.
YIELD”” THIS MID-DAY? I JUST WANT A VICTORY LAP–.
-0.25– 25 BASIS POINTS OF INVERSION SINCE REGARDING 4:00 A.M. TODAY. THIS IS THE BANNER. THE BANNER SAYS “HALFWAY TO PRIYA MISRA.””.
I DO NOT THINK I WOULD EVER SAY THAT IS QUICKLY. JONATHAN:.
SHE WAS SEARCHING FOR -40. I ASSUME PERHAPS SHE STILL IS. PERHAPS BECAUSE RATES HAVE TO GO UP EVEN MORE AS WELL AS THE FRONT END.
WILL ENDURE. FUTURES DOWN ONE THIRD OF 1%. FROM NEW YORK CITY THIS FRIDAY MORNING, GOOD MORNING.JONATHAN: RALLY ON THE S&P 500. A RESPECTABLE WINNING TOUCH. UP CONCERNING 3.5%. FUTURES DOWN BY ABOUT O 20%. KAILEY WILL CERTAINLY GO THROUGH SOCIAL MEDIA STOCKS A LITTLE LATER ON. SNAP IS A PAPER AIRPLANE IN A CYCLONE. YOU WISHED TO APPEARANCE TO MATTERS LIKE GOOGLE AND FACEBOOK. THE BOND MARKET TODAY. BIG RANGE ON A 10-YEAR TREASURY. PRESSING 3.1% AT THE HIGHS THE OTHER DAY. LOOK OUT FOR THE PMIS LATER TODAY. TAKE CARE OF PMIS EARLIER THIS MORNING IN EUROPE. TAKE A LOOK AT HOW EUROPE IS TRADING.GERMANY.
RETURN IN. 22 BASIS POINTS ON A 10-YEAR.
AFTER THE ECB JUST TREKED 50 BASIS FACTOR. THE EURO -.3%. THE DATA OUT OF EUROPE UGLY. IF I HAD TO CHOICE A WORD, UGLY. TOM:.
I WILL OBTAIN IT OUT ON TWITTER. JON, REAL GDP IS TOTALLY.
DIFFERENT, DRASTICALLY VARIOUS THAN THE UNITED STATES. FUNDAMENTAL DYNAMISM ISN'' T THERE. EVEN THOUGH EVERY PERSON WE KNOW IS GOING TO PARIS. JONATHAN:.
THE PRIMARY SHOCK, TOM.I KNOW YOU ARE COMPLAINING.
SINCE YOU WISHED TO GO TO PARIS. THE PRIMARY SHOCK COULD BE A.
DOWNSIDE SUPPLY SHOCK. WHAT COULD HAPPEN, GIVEN THE.
INTERACTION FROM THE ECB, YOU GET A SHUT DOWN OF GAS FROM.
RUSSIA AND ALSO THE ECB FINISHES OF WALKING RATES BECAUSE OF THE.
RISING COST OF LIVING STORY? TOM: I'' M INFORMATION DEPENDENT. JONATHAN:.
THEY ARE WITH YOU, ABSOLUTELY. YOU RECOGNIZE WHAT THEY DO.
WITH THE INFORMATION. YOU HAVE A SUITABLE UNDERSTANDING.
OF THEIR REACTION FUNCTION. IT IS ALL MEANINGLESS. TOM: I LOOK AT RESPONSE FEATURE,.
SIMPLY LIKE I LOOK AT THE SHARP RISK-FREE PRICE. WHAT IS THAT PRICE TODAY? JONATHAN:.
IN GERMANY, 1%, IF THAT IS WHAT YOU ARE TALKING ABOUT.TOM:.
YOUR TEMPORARY PAPER IS AN ANCHOR. I'' M ABOUT READY TO GO DOWNSIDE IN GERMANY. JONATHAN:.
WE ARE OBTAINING THERE. TOM: ARE YOU DONE OR WHAT? JONATHAN:.
YOU MAINTAIN BRINGING THINGS UP SOME OFFERING YOU NUMBERS. TOM:.
I DESIRE A TICKET SO I TIN SEE THE “” REAL YIELD”” THIS MID-DAY. THEY HAVE SHARES LINED UP LIKE 3 ROWS DEEP. IT'' S LIKE A FOO FIGHTERS PERFORMANCE. YOU HAVE THE GALLERY GOING AND ALSO EVERYBODY WEARS THE REAL RETURN.
TICKET. THEY TAKE IT HOUSE. JONATHAN:.
IT IS GOING TO BE A WARM ONE. TOM:.
LET'' S GO TO BRIAN LEVITT WHO HAS A REALLY SHARP.
SCENARIO-BASED MIDYEAR VIEW. INVESCO DOES THAT SO WELL. OUT TERM WITH EMILY WILKINS.
OF MICHIGAN STATE. THEY WALK BY EACH OTHER.
THOROUGHLY. I INTEND TO MOST LIKELY TO YOUR TERRIFIC.
MIDYEAR TESTIMONIAL AND CIRCUMSTANCE EVALUATION. HOW DO OUR LISTENERS AND AUDIENCES.
DO SITUATION ANALYSIS GIVEN UNCERTAINTIES, INCLUDING EVEN MORE?
— BATTLE? BRIAN: CONSIDER IT FROM THE CYCLE IS.
CHALLENGED.WE KNOW HIGH RISING COST OF LIVING AND. POLICY TIGHTENING INCREASES THE PROSPECT OF A RATHER. SUBSTANTIAL STAGNATION.
EVEN INDICATORS OF THE BOND. MARKET RECOMMENDING A CONTRACTION. A MILD ECONOMIC CRISIS IS CERTAINLY.
IN THE HOMICIDE. AT THE EXACT SAME TIME THE MARKET HAS.
PRICED IN A SUITABLE AMOUNT OF IT. YOU ARE BEGINNING TO SEE.
INFLATIONARY STRESS AND EXPECTATIONS BOIL DOWN, WHICH.
COULD START TO GIVE SOME QUALITY ON PLAN AS WELL AS SET THE.
ORGANIZE FOR A RECOVERY. TOM: ALLOW'' S GET TO JULY 27. YOU HAVE A FANTASTIC CHART REVEALING THE DISTINCTIONS OF THE.
RESERVE BANKS, WHO IS TIGHTENING UP, WHO IS NOT. THE LENGTH OF TIME IS JEROME POWELL AFTER.
WHAT WE SAW THE OTHER DAY WITH CHRISTINE LAGARDE? BRIAN:.
POLICY MAKERS IN THE WESTERN GLOBE ARE GOING TO DEMAND TO ACCOMPLISH.
EVEN MORE UNFORTUNATELY TO BRING RISING COST OF LIVING DOWN. I HEARD YOU DISCUSS THIS. THEY ARE ELEVATING RATES INTO A.
STAGNATION IN THE UNITED STATES. UNFORTUNATELY IN EUROPE EVEN.
WORSE THAN THAT. ONE AREA YOU ARE SEEING POLICY.
RELIEVE IS CHINA. CHINA HAD BACK-TO-BACK ROUGH.
YEARS ON THE MARKET BECAUSE OF THE REGULATIVE ATMOSPHERE AND.
NO COVID. RELIEVING POLICY IN CHINA IS A.
TAILWIND. WE ARE STILL IN THE WESTERN.
WORLD GRAPPLING WITH THE HEADWIND OF EVER TIGHTER POLICY.
HERE.KAILEY: DISCUSSING THE HEADWINDS. THEY ARE HIKING RIGHT INTO A WEAK FINANCIAL ENVIRONMENT. THE BOND MARKET IS HAVING A BATTLE WITH ITSELF. RETURNS MAINTAIN ATTEMPTING TO GO UP BECAUSE RATES ARE GOING TO GO. UP. THAT WORRY AROUND A POTENTIAL. RECESSION OR STAGNATION IS KEEPING YIELDS COVERED. WHAT IS YOUR ASSUMPTION ABOUT SEEING THE PEAK IN RETURN? DO PEOPLE WANT TO BE PURCHASING VOLUNTEER? BRIAN:. I BELIEVE WE HAVE PROBABLY SEEN THE OPTIMAL IN YIELDS. WHEN YOU ' RE IN A RECOVERY, AND DEVELOPMENT, INTEREST PRICES MOVE. HIGHER. EQUITY VALUES READJUST.WHAT YOU
SEE CURRENTLY IS SHORT RATES THAT HAVE WENT UP A LOT GIVEN THAT LAST
FALL.THEY MAY REQUIREMENT TO
GO A LITTLE BIT HIGHER DETERMINED BY WHERE THE
FED GOES. LONG PRICES BEGINNING TO SUPPORT
AS WELL AS COME IN AMID ASSUMPTION OF LOWER INFLATION AND ALSO SLOWING
ECONOMIC GROWTH. FINANCIERS SEE THEIR DECLARATION. THINK OF IT IN REGARDS TO 60/40. THE 40 DID NOT FUNCTION THIS MOMENT. WE HAD A RATE MODIFICATION. I WOULD NOT BE MARKETING MY
GOVERNMENT BONDS OR HIGH QUALITY MUNICIPAL BONDS. KAILEY:
IS DEVELOPMENT AND EQUITIES ADDITIONALLY YOUR CLOSE FRIEND IN A STAGNATION? BRIAN: YEAH, DEFENSIVE HIGHER-QUALITY
GROWTH SERVICES OFTEN TEND TO PERFORM WELL IN A DOWNTURN. IT IS THE RECOVERY DEVELOPMENT PHASE WHERE YOU INTEND TO BE VERY
CYCLICAL WHEN YOU DECREASE EVEN MORE FINANCIALLY SENSITIVE
COMPONENTS OF THE MARKET.IT HAS A TENDENCY TO
DO LESS WELL. CAPITALISTS STACKING INTO THINGS LIKE POWER PROBABLY DOING IT
SOMEWHAT NEAR THE HIGH. EVEN MORE GROWTH ORGANIZATIONS HAVE A TENDENCY TO
DO WELL WHEN THEY DON'' T NEED SUCH FINANCIAL TASK. TOM:
TECHNIQUES NEED TO COVER A SMALL BULL MARKET.
12 MONTHS TRACKING. S&P AND ALSO DOW ABOVE MODIFICATION
DEGREE. THEY ARE DOWN 8%, 7%, 12 MONTHS
TRAILING. THERE'' S A POINT YOU NEED TO BLINKEN SAY NEED TO I BE MORE IN EQUITY– BLINK AND SAY OUGHT TO I BE MORE IN EQUITY? WHERE SHOULD WE BE IN THE MIX? BRIAN: IT RELIES ON THE TIME HORIZON. IF YOU'' RE BUYING, YOU ' RE PROBABLY NOT ALL THAT UNHAPPY A. NUMBER OF YEARS FROM NOW. DO WE HAVE SPACE TO GROW? I SUSPECT WE DO. WE HAVE NOT TRADITIONAL BOTTOM.
SIGNS FLASH, CALL PROPORTIONS HIGHER. THERE'' S PROBABLY A LITTLE BIT MORE ROOM TO GO. WE HAVE ASSESSMENT ADJUSTMENT. NOW WE LIKELY NEED TO ADJUST.
FOR SOME PROFITS PRESSURE.THE MEANS I INFORM PEOPLE, IF YOU. BELIEVE OF THE TYPICAL PEAK AND
TROUGH DECLINE CONNECT WITH. ECONOMIC DOWNTURN IN THE LAST 10 RECESSIONS, 31%. THE S&P TO 23.4%. WE HAVE DONE A GOOD AMOUNT OF. WHAT THE STANDARD IS.
STANDARDS LIE. I PUT ON'' T THINK ANY OF US ANTICIPATE SEVERE RECESSION LIKE THAT. IF IT IS An EVEN MORE MODERATE RANGE,.
THERE MAY BE ROOM TO GO. YOU PUT ON'' T HAVE TO OBTAIN TO THE. BOTTOM IS AN INVESTOR.
YOU TIN BUY HALFWAY OR EVEN MORE. THAN HALFWAY THROUGH AND FOR LONG-LASTING FINANCIERS THAT PAYS.
OFF WELL. KAILEY: ALLOW'' S TALK ABOUT THE ROOM TO
GO. FOR THE BUCK. IT ' S HEADING FOR THE WORST WEEK. SINCE MAY. BRIAN: THE DOLLAR HAS REPLIED TO A.
RELOCATION BY THE EUROPEAN CENTRAL BANK. THEY WILL BE TRADING. THE EURO WILL BE A BIG COMPONENT OF IT. ECB RAISING RATES GREATER THAN.
ANTICIPATED LEADS TO AN ADJUSTMENT IN THE DOLLAR. THE MONEY WILL CIRCULATION TO WHERE IT IS TREATED BEST. THE UNITED.
STATES, YEAH, WE HAVE SOME CHALLENGES ON THE ECONOMIC.
FRONT BUT CERTAINLY NOT AS SEVERE AS WHAT YOU ARE SEEING.
IN EUROPE. I BELIEVE THE BUCK IS LIKELY TO.
BE SOLID ABOUT LARGER TRADING PARTNERS.JONATHAN: AWAKEN EARLY,
DO AN INTERVIEW. WITH United States, GO PLAY GOLF AT 11:00. BRIAN: I PLAY GOLF WITH CLIENTS. TOM: 200 BASIS POINTS PER YEAR, YOU. KNOW. HE ' S ACTIVE.
JONATHAN': YOU GO PLAY GOLF WITH CLIENTS. BEST TIME TO GO PLAY GOLF WITH CUSTOMERS. TOM:. COULD YOU SEE ME ON A GOLF LINKS? JONATHAN:. YOU CADDIED, DIDN ' T YOU? TOM: BIG TIME'. WHERE LEE TREVINO WON THE UNITED STATE OPEN A FEW YEARS EARLIER. THERE ARE SCENES IN “MONEY CHECK”– CADDYSHACK”. THAT ARE “HILARIOUS.” THEY WOULD PAY ME TO LEAVE THE. GOLF COURSE. JONATHAN: A GREAT DEAL OF CASH WHICH? CADDYING? TOM: I COULD KEEP IT FROM NELSON. ROCKEFELLER. I WAS RICH. IT REMAINED IN MY YOUTH
. JONATHAN:. SEVERAL YEARS AGO. TOM: SUPPLY AND DEMAND. IT ' S ABSOLUTELY CRAZY. IT HAS BEEN REALLY INTERESTING. CUTTER AIRLINES– QATAR. AIRLINES IS CHEAPER THAN NEW YORK CITY TO PARIS. I DISCOVER THAT SIMPLY SAYING EVERYTHING ABOUT THE BAND. JONATHAN: BUSINESS COURSE. YOU DID NOT SPECIFY. THIS RAISES An INQUIRY REGARDING THE BACK HALF OF THIS YEAR. THIS YEAR THEY CONTAINER FEE WHAT THEY WANT AND ALSO INDIVIDUALS ARE PURCHASING. TICKETS. I DON'' T KNOW IF THEY CANISTER REPEAT.
THAT ACT LATER THIS YEAR.TOM: I HAD
THE BUY TO BRITISH.
COLUMBIA YESTERDAY. IT WAS ON THE EDGE OF.
REASONABLE. JONATHAN: IT CAME DOWN A BIT? TOM:.
WHAT CONTAINER I CLAIM? AIR KIRBY IS UNITED AIRLINES. THEY HAVE BEEN GOOD. JONATHAN: ARE WE IDENTIFYING THE AIRLINES.
AFTER THE CEO NOW? TOM: I OBTAINED THEM IN TWO HOURS. I BELIEVED THAT WAS RESPECTABLE. JONATHAN:.
FUTURES DOWN POINT PERCENT–.2%. TOM:.
MY LUGGAGE REMAINS IN DES MOINES. JONATHAN: THIS IS BLOOMBERG. ♪ RITIKA: KEEPING YOU.
UPDATED WITH INFORMATION FROM WORLDWIDE, THE JANUARY 6.
COMMITTEE STATES THE FORMER PRESIDENT IGNORED CANCELING.
THE CROWD STORMING THE CAPITOL.MEMBERS CAST THE INACTION AS A. DESPERATE FINAL SCHEME
IN HIS BATTLE TO HOLD ONTO THE.
PRESIDENCY. THE WHITE HOUSE IS CONFIDENT.
PRESIDENT BIDEN WILL CERTAINLY AVOID THE WORST OF THE CORONAVIRUS THANKS.
TO VACCINES IN A RESTORATIVE MEDICATION. THE HEAD OF STATE IS IT. SEE MODERATE SIGNS BUT HAS BEGUN.
TAKING– HAS BEGUN HAVING MILD SYMPTOMS. THE REPUBLICAN POLITICIAN.
CANDIDATE FOR GUV IN NEW YORK CITY STATE WAS ATTACKED AT A.
CAMPAIGN EVENT. A GUY. DRAG HIM TO THE GROUND PRIOR TO BEING SUBDUED NOBODY WAS HURT.– LIQUIFY PARLIAMENT AS WELL AS.
FORMALLY CALLED FOLLOWING MARIO DRAGHI'' S STEP. TURKIYE SAYS UKRAINIAN GRAIN WILL BEG IN ISTANBUL. GRAIN SHIPMENT HAVE BEEN KEPT AS THE PORTS HAVE BEEN OBSTRUCTED.
GIVEN THAT THE RUSSIAN INVASION, LEADING TO AN RISE IN GLOBE.
CRAVINGS. AMAZON STARTED DELIVERING.
BUNDLES TO UNITED STATE CUSTOMERS UTILIZING THE FIRST OF.
100,000 ELECTRIC VANS FROM RIVIAN. AMAZON.COM WISHES TO HAVE THE VANS DEPLOYED IN GREATER THAN 100.
CITIES BY THE END OF THE YEAR. GLOBAL INFORMATION, 24-HOUR A DAY, ON.
AIR AND ALSO ON BLOOMBERG QUICKTAKE, POWERED BY GREATER THAN 2700.
JOURNALISTS AND ALSO EXPERTS IN EVEN MORE THAN 120 COUNTRIES.
>> >'> I ' M DOING WELL. OBTAINING A GREAT DEAL OF WORK DONE AND ALSO REMAINING TO GET IT DONE. MANY THANKS FOR YOUR PROBLEM. MAINTAIN THE CONFIDENCE. JONATHAN: THE HEAD OF STATE HAS COVID, AND ALSO IS. NOT THE NEWS OF IT IT WOULD HAVE BEEN 2 YEARS AGO. FUTURES ADVERSE ON THE S&P 500. ON THE NASDAQ WE ARE DOWN BY.
131%.– ONE THIRD OF 1%. THE FLOW IS GOING INTO.
TREASURIES. BUNDS STRONGLY LOWER. HERO WEEK– EURO WEAKER. INFORMATION ED OF EUROPE NOT GREAT AT.
ALL. DISADVANTAGE SURPRISE. DOWNSIDE SHOCK. PMIS AT 9:45 EASTERN TIME. TOM: IT IS WAY BETTER THAN WHAT.
HEAD OF STATE TRUMP CONFRONTED. PERHAPS AGE, MAYBE WELLNESS, BUT.
VERLIN SAYS WELL. LAUREN SAUER IS AN EXPERT IN.
THIS AREA, NEBRASKA MEDICAL CENTER. I WISH TO GO TO OUR YOUNG PEOPLE. MY MOMMY DRAGGED ME FOR.
BOOSTERS. NO BIG BARGAIN. THERE WAS WHOOPING COUGHING,.
TETANUS, DIPHTHERIA, TDAP, ALL THE REST OF IT. WHY IS OUR CONCERN OVER A COVID BOOSTER INJECTION SO DIFFERENT THAN.
OUR ANXIETY OVER GETTING A DIPHTHERIA BOOSTER INJECTION? LAUREN:.
TO BE TRUTHFUL I ASSUME A WHOLE LOT OF IT IS POLITICS AND THE.
DISCUSSION ON HOW THE VACCINATION WAS DEVELOPED. IT IS RARE WE SEE THE DEVELOPMENT OF A VACCINE PLAY.
OUT IN THE PUBLIC LIKE THIS ONE HAS. WE ARE SEEING EVERY MINUTIA OF THE COURSE. INDIVIDUALS ARE PAYING SUCH CLOSE FOCUS TO THE DATA THAT ARE.
NOT SCIENTISTS, NOT CLINICIANS, AND ALSO THEY ARE SWEET.
GOT MISINTERPRETATIONS INTO SOCIAL MEDIA SITE THAT ARE NOT QUITE.
ACCURATE.I THINK CHANGING
THE CONVERSATION ABOUT HOW VACCINES. ARE MADE AND WHY WE USE THEM IS NECESSARY. BRINGING THE TRUST FUND BACK TO THE PROCEDURE. DISCUSSING WHAT OCCURRED AS WELL AS HOW DETAILS ARE DEVELOPED AND ALSO. OBTAINING INDIVIDUALS BACK ON TRACK WITH THE VACCINES YOU STATED. A GREAT DEAL OF CHILDREN HAVE BEEN DELAYED GETTING THEIR CHILDHOOD YEARS. VACCINES DUE TO THE COVID PANDEMIC. BRINGING EVERYBODY BACK UP TO SPEED UP AND ALSO OBTAINING THE. POPULACE HEALTHY AGAIN.TOM: WHAT WOULD YOU LIKE TO SEE IN.
TERMS OF ACTION FROM POLITICIANS TO GET United States BACK TO.
WHERE WE DON ' T PASS AWAY FROM DIPHTHERIA IN ONE WEEK LIKE. MEMBERS OF MY FAMILY PERFORMED IN ABOUT 1905? LAUREN: A HUGE ITEM IS MESSAGING THE. PROCEDURE AND ALSO WHY IT IS VERY IMPORTANT.
WE REQUIREMENT TO HAVE EVERY ONE OF OUR. POLITICAL LEADERS COME OUT AS WELL AS TALK
ABOUT WHY VACCINES ARE. IMPORTANT FOR THEIR CHILDREN.
WE CAN ' T HAVE THIS VITRIOL,. THIS DIALOGUE PLAYING OUT IN THE GENERAL PUBLIC ROUND. RECOGNIZING SCIENTISTS HAVE A GREATER LEVEL OF TRAINING,.
MEDICAL PROFESSIONALS HAVE A HIGHER DEGREE OF TRAINING THAN THE STANDARD.
POLITICIAN ON HOW VACCINES FUNCTION, WHY WE USE THEM. THE VIEWPOINT OF AN PERSON, AS WELL AS LET'' S JUST SAY A PARTICIPANT
OF. CONGRESS, IS VARIOUS THAN A MEDICAL PROFESSIONAL RESEARCHER EDUCATED.
FOR 20 ANDS ALSO YEARS TO DEVELOP THESE INJECTIONS, ROLL OUT THE.
TESTS, AND UNDERSTAND THE DATA ON HOW THEY WORK. KAILEY:.
AS WE SPEAK ABOUT THE MESSAGING, WHAT A GREAT DEAL OF INDIVIDUALS SEE AS I'' M. VACCINATED BUT I STILL HAVE A FAVORABLE SITUATION. THIS SPECIFICALLY WHEN YOU DISCUSS A NEW VARIATION THAT.
DEFEATS ALL IMMUNITY, DOES THAT RAISE THE QUESTION OF ACQUIRING.
EVEN MORE BOOSTERS RIGHT INTO ARMS OR SIMPLY ESSENTIALLY STATING WE NEED TO.
SURRENDER OURSELVES TO THE TRUTH EVERYBODY WILL AGREEMENT THE.
INFECTION, IT'' S SIMPLY A MATTER OF HOW BAD IT IS FOR THEM.LAUREN:.
IT'' S HONESTLY SOMEWHERE IN BETWEEN. WE HAVE A FEW MISSTEPS ON THE SCIENTIFIC RESEARCH SIDE POSSIBLY.
TALKING CONCERNING SANITIZING NEIGHBORHOOD EARLY IN THE PANDEMIC.
DUE TO THE FACT THAT HE DID NOT KNOW HOW THE DATA WOULD APPEARANCE. ANTICIPATING PEOPLE TO CHANGE THEIR VIEWPOINT FROM I WILL GET.
THIS INJECTION AS WELL AS WILL CERTAINLY REQUIRE A VACCINATION AND ALSO GET ILL TO THE.
VACCINATION IS PROTECTING YOU BUT IT'' S SHIELD YOU FROM OBTAINING. REALLY SICK AND ALSO POTENTIALLY ENDING UP IN THE HEALTHCARE FACILITY OR PERISHING. THAT CONVERSATION IS CONTINUING TO PLAY OUT. AT SOME POINT WHEN WE OBTAIN THE.
VACCINE DEGREE ACTUALLY HIGH IN THE POPULACE THE LIGHT COVID.
IS WHAT WE WILL BEGIN TO SEE. INDIVIDUALS WILL BE VACCINATED. PROBABLY ON A REGULAR VACCINATION SCHEDULE AND ALSO IT WILL CERTAINLY FEEL LIKE.
THE MEANS WE MANAGE THE FLU. TO BE SINCERE PEOPLE GET TRULY.
ILL AS WELL AS DIE EACH YEAR OF THE FLU. RESEARCH ADVANCES HOW TO MAKE FAR BETTER INFLUENZA INJECTIONS, HOW.
TO MAKE UNIVERSAL FLU VACCINES.IT WILL MOST LIKELY COMPLY WITH THE. EXACT SAME PATH.
KAILEY: WHAT IS THE IDEAL POLICY.
RESPONSE IN A WORLD WHERE PEOPLE ARE NOT OBTAINING AS SICK.
BUT STILL ACQUIRING SICK AND CAN BE CONTAGIOUS? DOES THAT MEAN CONCEALS PERMANENTLY? YOU'' RE OUT OF THE WORKPLACE FOR AT.
LEAST FIVE DAYS IF YOU TEST POSITIVE? HOWDY THINGS NEED TO PROGRESS BECAUSE SCENARIO? LAUREN:.
THE INITIAL STEP IS WE STILL HAVE TO DO A GREAT DEAL OF WORK TO GET THE.
INOCULATION RATE UP. FOR MINING PEOPLE– REMINDING.
INDIVIDUALS IF THEY HAVE OBTAINED VACCINATED, THEY HAVE TO OBTAIN.
BOOSTERS.PUSHING THE FEDERAL FEDERAL GOVERNMENT. TO BRING THAT FORTH DOES TO INDIVIDUALS– FOURTH DOES TO INDIVIDUALS.– DOSE TO PEOPLE.
AS WE GROW INJECTION RESISTANCE WE. WILL SEE LESS MASKS.
I THINK MASKING PARTICULARLY. INSIDE YOUR HOME IS QUITE APPROPRIATE. TOM:. ARE WE COMPLETELY TO IN WHICH THIS INFECTION IS ENDEMIC? IT IS BELOW, GET OVER IT. IT IS NOT MOVING. LAUREN:. I THINK IT IS RIGHT HERE. I BELIEVE IT IS ENDEMIC. WE ARE SPEAKING REGARDING ENDEMIC LIKE IT IS SOMETHING WE RESIGN.
OURSELVES TO ACCEPT. IN TRUTH WE HAVE SEVERAL.
ENDEMIC DISEASES WE FIGHT TOOTH AND THEY'' LL.
TOM:.– TOOTH AND ALSO NAIL. TOM: GIVE United States ANY SAMPLE. LAUREN:.
PERHAPS NOT IN THE UNITED STATES WE DON'' T TALK THEM IN THE SAME.
WAY. ACROSS THE WORLD WE FIGHT NATIVE TO THE ISLAND ILLNESS SINCE THEY.
STILL CAUSE SUBSTANTIAL MORBIDITY AND ALSO DEATH. DOING ALL WE CONTAINER TO STOP COVID SPREAD AND ALSO BATTLE COVID TO.
SECURE OUR PEOPLE IS REALLY IMPORTANT. EVEN IF THE ILLNESS COMES TO BE ENDEMIC.JONATHAN:.
LAUREN SAUER, WONDERFUL TO SPEAK WITH YOU AS ALWAYS. WE HAVE MISSED YOU. UNIVERSITY OF NEBRASKA MEDICAL.
FACILITY'' S LAUREN SAUER. I WAS LOST IN A BRAND-NEW POST OUT.
BY MOHAMED EL-ERIAN. IT IS PUNCHY. A LONG LIST OF WHAT THE FEDERAL GET NEEDS TO DO TO BE.
KEPT IN MIND BY ECONOMIC CHRONICLERS AS HAVING.
UNNECESSARY BECAUSE THE UNITED STATE RECESSION, HAVING DESTABILIZED.
THE WORLDWIDE ECONOMY RECOUPING FROM COVID, HAVING UNSETTLED.
FINANCIAL STABILITY AS WELL AS ADDED TO FINANCIAL DEBT STRESS AND ANXIETY IN.
DELICATE CREATING NATIONS. THAT IS THE FINAL THOUGHT OF HIS.
TRANQUILITY THIS MORNING.– PIECE THIS MORNING. TOM: THE THING HE RAISES I ASSUME.
IN AUGUST IS EM. I'' M VIEWING EVERY MORNING
SOME. OF THE EM UNRAVELINGS. YOU NEVER UNDERSTAND HOW THEY.
CORRELATE. THIS IS A MEANS FOR THE INEPTITUDE OF SRI LANKA AND ALSO.
SIGNIFICANT CULTURAL CONCERNS THERE. ON THE BACK END OF THAT IN WHICH.
HE DISCUSSES EM I ASSUME HE IS SPOT ON. JONATHAN:.
UNIQUE PROTECTION NEXT WEDNESDAY. I'' M PLEASED THAT INTRODUCED.
MOHAMMED WILL BE JOINING US. THAT HAS BEEN CONFIRMED TO LOOK.
OUT FOR HIM ON WEDNESDAY.TOM: CANISTER I ASK HIM An INQUIRY? JONATHAN: YOU TIN TALK IF YOU ARE POLITE. FUTURES DOWN.2%. THE EURO WEAKER. DOWN 6 BASIS POINTS. 281.42. FROM NEW YORK THIS IS.
BLOOMBERG. >> > > IT WOULD TAKE A LOT TO QUIT.
SETTING IN MOTION FOR OIL. >> > > RATHER HAZARDOUS AREA. PERHAPS SOME POLICY MISTAKES. >> > > THEY HOPE THEY CAN WALK. WITHOUT CAUSING A DEEPER SLUMP. >> > > THE THREAT OF THE MARKETS IS. WE TALK OURSELVES RIGHT INTO An ECONOMIC CRISIS. >> > > THE ECB IS BEING DIFFICULT. ALL RESERVE BANK ARE AT THE MOMENT. >> > > THIS IS “” BLOOMBERG.
SURVEILLANCE.”” JONATHAN: WALKING IN THE WEAK POINT. THAT IS THE ECB TODAY. LIVE FROM NEW YORK CITY, GOOD.
MORNING.THIS IS “BLOOMBERG SECURITY “”. ON BLOOMBERG AND ALSO RADIO.
FUTURES NEGATIVE..25%. WHAT An UNPLEASANT TIME FOR WORLDWIDE MARKETS. TOM: A WHOLE LOT OF INFORMATION EMERGING ON A.
FRIDAY. THERE'' S A VOTE ON EUROPEAN. CONFIDENCE. I WONDER HOW THAT COMES ON.
WHAT WE WILL CERTAINLY SEE NEXT WEEK. JONATHAN:.
DOWN 30 BASIS FACTORS TODAY. ACROSS EUROPE IT IS NOT TERRIFIC. NOT GREAT. I DESCRIBE IT AS QUITE POOR. U.S. BMI A LITTLE LATER– PMI A.
LITTLE LATER. WE SPEAK WITH ALL THE BIG TECH.
HEAVYWEIGHTS. TOM: I UNDERSTAND KAILEY IS LOOKING AT.
THOSE. NEXT WEEK IS EXTENSIVELY PREPARED FOR. I DIFFER WITH THE CONCEPT OF EXAMINING WHAT WE SEE NEXT WEEK.
WITH BREEZE YESTERDAY.JONATHAN: YOU ARE NOT
THE ONLY ONE. TOM:. KAILEY LEINZ IS WITH YOU.
TOM: PLANNING CRYPTO TUESDAY? KAILEY:. I ' M ALWAYS PLANNING CRYPTO.
I'' M PAYING ATTENTION TO SNAP. IS THAT VITAL MACROECONOMIC INDICATION? BUSINESS NOT INTENDED TO INVEST ON ONLINE MARKETING BECAUSE. THE ATMOSPHERE IS DETERIORATING. REDUCING IN HIRING. SOMETHING WE ' RE HEARING. BUSINESS DISCUSSING.
WHAT DOES THAT INDICATE? JONATHAN: THE PAPER PLANE IN A WINDSTORM. WE NEED TO SEE HOW FACEBOOK AS WELL AS GOOGLE STANDUP. I CLAIMED THAT. I SAID EARLIER AS WELL. YOU SEEM TO HAVE IGNORED IT. KAILEY: DOES NOT COUNT OF IT COMES FROM.
YOU. JONATHAN: OK. WONDERFUL. HOPEFULLY WE CAN CAPTURE UP NEXT WEEK. NASDAQ DOWN BY.5%. FIVE OR SIX BASIS POINTS ON A.
10-YEAR. IN EUROPE, NOT EXCELLENT. EURO-DOLLAR -.6%. CRUDE DOWN 1.5%. KAILEY:.
THE UNWINDING OF COST STRESS IN COMMODITIES SOMETHING TO.
MAINTAIN IN AN EYE ON. TALKING OF RESERVE BANK.
ACTIONS, WE GOT A RATE CUT FROM THE BANK OF RUSSIA ABOUT.
AN HR AND ALSO A HALF AGO, 30 MEXICO. IT'' S FRIDAY– THIRTY MINUTES EARLIER. IT'' S FRIDAY. CUTTING PRICES DOWN 8%. ECONOMISTS WERE EXPECTING 9%.
150 BASIS FACTORS WHEN WE WERE ANTICIPATING 50. THE CUMULATIVE TOTAL AMOUNT IS 12 BASIS FACTORS SINCE APRIL. INFLATION IS NOT GOING TO BE UP AS MUCH. VERY DIFFERENT FINANCIAL OUTLOOK THAT WE SAW BACK IN FEBRUARY.ALSO AT 8:00 A.M. NEW
YORK TIME, OUTCOMES FROM TWITTER. WE WERE SPEAKING ABOUT THE ADVERTISING HEADWINDS. JUST HOW MUCH IS THAT EVALUATING ON THE FIRM? THERE WILL NOT BE A CONFERENCE CALL BECAUSE THEY REMAIN IN A. BATTLE WITH A LEGAL–
A LEGAL FIGHT WITH ELON MUSK OVER THAT.
REQUISITION. WE WILL NOT GET MUCH COMMENTARY.
AROUND IT. 9:45, PRELIMINARY JULY PMI IN.
THE U.S. AFTER WEAK PMIS OUT OF EUROPE.
AND ALSO A LITTLE WEAKER ECONOMIC INFORMATION. WILL WE GET A DISAPPOINT ON THESE FIGURES AS WELL? JONATHAN:.
GIVEN THE IMPLEMENTATION PROBLEMS AT TWITTER IN THE LAST PAIR OF.
MONTHS, IS THAT A PAPER AIRCRAFT WITH HOLES IN IT? TOM:.
FULL ENIGMA HERE.I DON'' T HAVE A'KEEP READING THAT. I ' M LOOKING AT AN ABSOLUTE CONFIRMATION OF A TRAVEL BOOM. EXPERIENCED WITH AMERICAN EXPRESS. EXTRAORDINARY NUMBERS WITH BRAND-NEW ADVICE. FORGET THE NUMBERS. THE REAL ENIGMA IS WHAT DOES.
THIS TRAVEL BOOM DO INTO THE END OF THE YEAR? THAT IS ONE OF THE EXCELLENT MYSTERIES IN THE Q3 AND ALSO Q4. JONATHAN: REVENUE UP 23% TO 25%. THEY LATELY SAW 18% TO 20%. BELOW'' S A QUOTE FOR YOU. WE ARE AT THE CROSSROADS.
IN BETWEEN THE END OF THE COMMODITY PERFORM AT THE BEGINNING.
OF THE BOND MARKET ROADWAY TO HEALING. THAT ORIGINATES FROM EMILY ROLAND. WHAT DO YOU INDICATE BY THE BOND.
MARKET ROADWAY TO HEALING? EMILY: WE ARE SEEING INDICATIONS GLOBAL.
ECONOMIC DEVELOPMENT IS THE COMMEMORATING AT A FAST CLIP.
RIGHT HERE. EVIDENCE OVER THE PAST FEW DAYS.
WITH FINANCIAL DATA IN THE U.S. INITIAL CLAIMS RISING. THE PHILLY FED PLUNGING. LEADING ECONOMIC INDICATORS.
BARELY DANGLING ON.NOW THE PMI INFORMATION IN EUROPE.
VERIFYING EUROPE IS LIKELY IN An ECONOMIC DOWNTURN OR EXTREMELY NEAR.
ONE. WE SEE THIS BROAD ATMOSPHERE.
WHERE ECONOMIC GROWTH IS SLOWING DOWN. USUALLY IN THE LATE CYCLE DURATION BOND RETURNS LOSS. BOND RETURNS HAVE BEEN SEEING THIS MASSIVE BACK-UP OVER THE.
FLOW OF 2022. WE THINK NOW IS THE TIME TO.
LEAN INTO HIGH QUALITY BONDS. #BUYBONDSANDCHILL. YOU NEED MORTGAGE-BACKED SAFETY AND SECURITIES, TREASURIES,.
INVESTMENT-GRADE COMPANY. WE WOULD TAKE IT NOW. TOM:.
WHAT IS THE CHARACTER OF THIS EQUITY ADVANCING MARKET OF THE LAST.
SIX WEEKS? EMILY: WE HAVE SEEN A COUPLE OF.
NARRATIVES DRIVING THIS. THE BREATHER THE DOLLAR IS.
TAKING. THE BUCK COMING BACK A LITTLE.
BIT. THERE'' S A STORY BUILDING WE.
HAVE REACHED MAXIMUM CAPITULATION RIGHT HERE, INDICATING ANY.
VENDOR THAT WANTS TO GO OUT HAS GOTTEN OUT. WE WOULD BE MINDFUL WITH THAT SAID NARRATIVE. THERE'' S A FEW THINGS THAT TYPICALLY HAPPEN WHEN YOU BEGINNING.
TO REQUIRE MORE DURABLE BOTTOM.HIGH-YIELD BOND SPREADS OUT
. 489 BASIS POINTS TODAY
. THEY NEED TO IMPACT UP EVEN MORE. INCOMES QUOTES ARE LEVELING OFF. WE INTEND TO TRY TO FIND THOSE TO ACTUALLY ROLLOVER. WE HAVE TO ACTUALLY HAVE THE ECONOMIC CRISIS. THERE ' S A GREAT DEAL OF MARKETS THAT ARE RATES IN A RECESSION. WE STILL HAVE AN EMPLOYMENT AT 3.6 %. WE STILL HAVE CONSUMER SPENDING ELEVATED HERE. WE HAVE TO EXPERIENCE THE ECONOMIC CRISIS PRIOR TO WE CONTAINER CALL. FOR MORE DURABLE BOTTOM. WE TAKE CARE ABOUT LEANING. INTO THE RALLY. KAILEY: ON THE TOPIC OF REVENUES, A BIG WEEK FOR THOSE NEXT WEEK,.
ARE YOU SAYING THERE IS EXCESSIVE POSITIVE OUTLOOK AROUND ON.
BUSINESS REVENUES? EMILY: YEAH.WHEN WE CHECK OUT ESTIMATES FOR. 2022, SIMPLY OVER 10%.
WE THINK THAT IS LIKELY REALLY. OPTIMISTIC.
WE ARE TRYING TO FIND A LOW.
SINGLE-DIGIT GROWTH. NOT AWFUL. THE BAR IS RATHER LOW. THERE'' S POSITIVE OUTLOOK RUN REVENUES. WHAT BUSINESS ARE DOING IS.
LOCATING EVERY BAR THEY CANISTER TO GENERATE CAPITAL. WE SEE THIS DECELERATION BEGINNING TO HURT COMPANY.
PROFITS. THE TIGHTENING UP OF THE FED IS.
PUTTING RIGHT INTO THE SYSTEM NEEDS TO BE FELT BY CORPORATIONS. THEY IS SOME AREA TO GO THERE. WE THINK LEANING INTO HIGHER.
QUALITY BUSINESS, ONES WITH FANTASTIC CAPITAL, WHOLE LOTS OF CASH MONEY.
ON THE ANNUAL REPORT, THAT IS WHAT YOU DESIRED TO PERFORM IN A LATE.
CYCLE DURATION. QUALITY HAS GOTTEN CRUSHED THIS.
YEAR. I DON'' T UNDERSTAND WHY WE ARE.
SEEING A TURNING INTO IT. THAT IS IN WHICH WE WOULD LEAN.
RIGHT INTO FOR THE BACK CAP OF THE YEAR.JONATHAN:.
HIS EUROPE INVESTABLE IN 2022? EMILY:.
YOU NEED TO BE REAL CAREFUL THERE. GROWTH PLAINLY REDUCING. GAINING QUOTES SURRENDERING. OBTAINING REALLY DEFENSIVE AND.
EUROPE, OWNING QUALITY AND EMBRACING LOCATIONS LIKE UTILITIES,.
INFRASTRUCTURE, HEALTH CARE. FROM AN INDEX CONSTRUCTION.
VIEWPOINT, IF YOU HAVE EUROPE, YOU OWN FINANCIAL TENTATIVE AT.
THE. NOT WHAT YOU– SENSITIVITY. NOT WHAT YOU WANT TO OWN IN A RECESSION. JONATHAN:.
A DIFFICULT MINUTE FOR EUROPE. WE WILL CERTAINLY SAY IT 1000 MORE TIMES.
THIS SUMMERTIME. BEFORE THE ECB REUNITES IN.
SEPTEMBER. TOM: THE BUCK DOWN 14% FROM THE.
PEAK. AN IDEA. IT IS NOT LIKE A TECH PLAY. I SETTLE ON EUROPE. IT'' S An ENIGMA. I PUT ON'' T PRETEND KNOWLEDGE. WE NEED TO CATCH A WITH DAVID. JONATHAN: ON THE FINANCIAL INSTITUTIONS? UNDENIABLY. TOM:.
WE WERE SUPPOSED TO BE IN FRANKFURT YESTERDAY FOR THE.
NEXT MEETING.JONATHAN: DO YOU DESIRED TO
ENTER SEPTEMBER? WE CONTAINER INVEST THE ENTIRE OF SEPTEMBER IN EUROPE WITH THE. ITALIAN ELECTION. 44 ECONOMIC EXPERTS ON WHETHER THE–. WHERE THE FED PEAK WILL BE. RE-75 EARLY NEXT YEAR, THEN A. PAUSE PRIOR TO COMPLETION OF THE YEAR. TOM:.
THE INTERNS CAN BE FOUND IN ON FRIDAY. YEARS EARLIER THE INTERNS NEVER.
APPEARED ON FRIDAY. JONATHAN: WHY ARE YOU STATING THAT? TOM:.
I THINK IT'' S WONDERFUL THE INTERNS ARE AVAILABLE IN ON FRIDAY. THEY ARE HERE THIS EARLY. THEY ARE HUNG OVER, BUT YOU.
KNOW. JONATHAN: IS THERE A FACTOR YOU POINTED OUT.
THAT IN ACTION TO WHAT IS CLAIMED CONCERNING THE FED PEEKING? TOM:.
SORRY, JON. AS SOON AS ONCE MORE I WAS NOT PAYING.
ATTENTION. JONATHAN: THANK YOU. FUTURES DOWN BY.3% ON THE S&P. NASDAQ AROUND.5%. KAILEY, IF YOU WAKE UP AS WELL AS WHAT.
COST ACTIVITY, I WOULD SAY THAT THE GERMAN BUNDS. WHAT IS THAT INFORMING YOU NOW? KAILEY:.
THE ECB JUST TREKED 50 BASIS DIRECTS AT A TIME A VERY DIRE.
ECONOMIC OUTLOOK FOR EUROPE.THE PMIS TIGHTENING TERRITORY. ON THE COMPOSITE IN GERMANY, COMPOSITE AND SOLUTIONS. BTP YIELDS DOWN 19 BASIS POINTS. TOM: ITALY, GERMANY. I ' M SORRY, IT HAS NOT BE AVAILABLE IN. IT IS STILL SEVERE. JONATHAN:.
CERTAINLY. DETAILING YIELDS ARE BEING AVAILABLE IN.
TODAY DECLARES. THE TROUBLE IS, THE CENTER.
OF THE PRICE ACTIVITY IS WEAK EUROPEAN FINANCIAL INFORMATION. TOM:.
THE EPICENTER OF ITALIAN RATE ACTION IS GUCCI AT THE BASE.
OF THE SPANISH STAIRCASES. JONATHAN: ONLINE PURCHASING GUCCI. TOM: KAILEY IS NOT ONLINE BUYING. JONATHAN: WHAT IS THE WORST SIGN OF.
WHAT IS HAPPENING TODAY? TOM: THE NUMBER OF SHARES EMPTY AT.
THE BAR. JONATHAN: FROM NEW YORK CITY, THIS IS.
BLOOMBERG.
♪ RITIKA: KEEPING YOU UP-TO-DATE WITH INFORMATION AROUND THE.
GLOBE, I AM RITIKA GUPTA. SOCIAL NETWORK GIANTS GET ON.
TRACK TO LOSE $69 BILLION SINCE THE OTHER DAY'' S CLOSE. CONCERNS ABOUT THE OVERVIEW FOR ONLINE ADVERTISING AND MARKETING FOR THE.
SECTOR. THAT SAW A MAJOR SLOWDOWN IN.
THE ADVERTISEMENT INDUSTRY AND ALSO A REDUCED PRICE OF HIRING. GINA RAIMONDO ADVISES THE U.S. CANISTER NOT KEEP RELYING ON TAIWAN.
FOR SEMICONDUCTORS. IN A SPEECH, SHE SAID CONGRESS.
REQUIRES TO PASS REGULATION TO COURT DOMESTIC MANUFACTURING OF.
PREMIUM COMPUTER CHIPS. SHE CALLED THE $50 BILLION.
PACKETS A SPUTNIK MINUTE.– GIVEN THAT THE PANDEMIC LOCKDOWN.
OF EARLY 2021. A SURVEY OF MANAGERS SIZE.
17-MONTH LOW. SERVICE MARKET GROWTH, STALLED. AS WELL AS THE U.K.,– AS WELL AS THERE IS.
TO BECOME THE NEXT HEAD OF STATE. BASE ON A STUDY OF TRADITIONALIST CELEBRATION MEMBERS, 62%.
STATE THEY WOULD BALLOT FOR TRUST. TURKEY STATES AN CONTRACT TO.
ENABLE SHIPMENT OF UKRAINIAN GRAIN WILL CERTAINLY BE SIGNED TODAY. GRAIN SHIPMENTS HAVE BEEN.
DELAYED AS THE PORTS HAVE BEEN BLOCKED BECAUSE THE RUSSIAN.
INTRUSION THAT CAUSED REDUCTIONS OF AN RISE IN GLOBE CRAVINGS. WORLDWIDE INFORMATION, 24 HOURS A DAY, ON AIR AS WELL AS ON BLOOMBERG QUICKTAKE,.
POWERED BY GREATER THAN 2700 JOURNALISTS AND ALSO EXPERTS IN.
GREATER THAN 120 COUNTRIES.
>> > > I BELIEVE IT'' S VITAL FOR.
US TO SHOW ASSISTANCE FOR TAIWAN. I ALSO ASSUMED WE HAVE– NONE OF.
US STATED WE ARE FOR SELF-RELIANCE WHEN IT COMES TO TAIWAN. THAT IS UP TO TAIWAN TO DECIDE. JONATHAN:.
THAT WAS NANCY PELOSI, U.S. SPEAKER OF THE HOUSE. GOOD EARLY MORNING. FUTURES ARE NEGATIVE ON THE S&P.
AND ALSO NASDAQ. THIS IS FROM MOHAMED EL-ERIAN.
ON THE FED.IT SEEMS TO STAY THE CENTRAL
BANK IN ADVANCED ECONOMIES IT IS MOST PRONE TO UTILIZING A PHRASE
IN THE PREVIOUS CHANCELLOR OF THE EXCHEQUER RISHI SUNAK,
FAIRYTALE ECONOMICS.IT IS ONE OF THE MOST SYSTEMICALLY VITAL OF THE RESERVE BANKS. MOHAMED SHOOTING THIS EARLY MORNING. TOM: AN CRUCIAL ESSAY AND SOMETHING WE WILL CERTAINLY PLAY OFF OF BELOW, NOT ONLY TODAY BUT THROUGH THE WEEKEND BREAK
AND ALSO INTO NEXT WEEK. JON, WE HAVE TO ESTABLISH THE FED CONFERENCE NEXT WEEK. I HAVE TO AFTER THE ANXIETY WE SAW FROM THE ECB YESTERDAY
. JONATHAN: 75 BASIS FACTOR APPEARS TO BE THE TALE.
WE COULD AWAKEN ON MONDAY TO ANOTHER RALLY OF 50 TO 100. TOM: I ' M LOOKING AT GERMAN YIELD TODAY. JONATHAN: FINALLY. THANK YOU.YOU ARE HOPPING ON BOARD THIS MORNING.
KAILEY: PERFORMED IS ONLINE BUYING. JONATHAN: TOOK AN HR AND 20 MINUTES FOR TOM TO LOG INTO THE TERMINAL. TOM: I DID NOT DARKEN THE DOOR UP UNTIL 5:54. THAT WAS THE GENUINE PROBLEM. THIS IS A PERSONAL NOTE AND ALSO IT CONCERNS THE COURAGE OF LEE ZELMAN. HE WAS ACCOSTED IN NEW YORK CITY. I HAVE A SIGNIFICANT ASSOCIATE WITH HIM. WE USED TO PROCEDURE THE SIZE OF THE BEVERAGE AT WAIVER BAR WE WERE SHOWING OUR LEGAL DRIVERS PERMIT TO. IT WAS THE VFW. WE WOULD SAY LET'' S GO HALFS. TO FANCY BRATS WOULD ASSOCIATE THE CENTER COURSES OF FAIRPORT, NEW YORK CITY. THIS IS ALONG THE ERIE CANAL.JOE MATHIEU SIGNS UP WITH US ON THE SUMMERTIME OF DISCONTENT FOR THE MIDDLE CLASS. I DON ' T KNOW THE PARTICULARS OF THE ASSAULT ON THE PROSPECT FOR REPUBLICAN POLITICIAN GUV IN NEW YORK CITY.
HE IS SAFE. THAT IS PENALTY. WE HAVE A SUMMER OF MIDDLE-CLASS DISCONTENT. HOW DOES WASHINGTON PLAY THAT? JOE: ADAM KINZINGER WAS CORRECT WHEN HE CLAIMED THERE IS EVEN MORE PHYSICAL VIOLENCE COMING. THIS IS A FRIGHTENING MINUTE AND I ' M GRATEFUL YOU BROUGHT IT UP.
IT IS NOT GETTING SUFFICIENT INTEREST. HE ATTEMPTED TO STAB HIM ON PHASE. ZELN– IS HE ALL RIGHT– HE IS ALL RIGHT.
AFTER ALL WE SAW WITH SHINZO ABE, FOLLOWING JANUARY 6. THIS IS NOT A BUSINESS FOR THE PALE OF HEART. BASED ON WHAT WE ARE SEEING IN THE JANUARY 6 COMMITTEE, THERE ARE A GREAT DEAL OF THINGS YOU MIGHT NOT NEED TO KNOW HAPPENED THAT DAY.TOM: PARTITION HOW THE DEMOCRATS AND REPUBLICANS EACH HAVE A VARIOUS MIDDLE-CLASS. WHAT IS THAT DISTINCTION BETWEEN SPEAKER PELOSI'' S. MIDDLE-CLASS AS WELL AS PREVIOUS PRESIDENT TRUMP ' S? JOE:
. GREAT INQUIRY.
THE AUTONOMOUS MIDDLE-CLASS,. WITH THE EYES OF AUDIO SPEAKER PELOSI AND ALSO
JOE WHO SPEAKS ABOUT. WHEN HE WAS EXPANDING UP AND ALSO HIS PAPA STATED THE MIDDLE-CLASS COURSE.
NEEDS A LITTLE OF BREATHING ROOM. WE HEAR THAT A WHOLE LOT. THEY THINK THE PROGRESSIVE BUILD BACK MUCH BETTER SCHEDULE REMAINS IN.
TRUTH WHAT IS NEEDED BELOW. KID TAX CREDIT HISTORIES AS WELL AS SO FORTH.
THAT THEY ARE NOT GETTING LOWER PRESCRIPTION MEDICATION RATES. THE REPUBLICAN MIDDLE-CLASS SAYS NO. IN MANY CIRCUMSTANCES LET'' S REVIVE DONALD TRUMP AS WELL AS OBTAIN BACK TO.
GROWTH HERE, BACK TO TAX CUTS.THAT WILL BE THE
CONVERSATION. PEOPLE WILL NEED TO
USE TO CHOOSE WHEN THEY GO TO THE.
POLLS IN NOVEMBER. KAILEY: TALKING OF CONVERSATIONS THAT.
LAST A LONG PERIOD OF TIME, BUILD BACK FAR BETTER IS SOMETHING WE HAVE.
DISCUSSED FOR HOW LONG? DOES IT EVEN EXIST ANY LONGER? IT FEELS LIKE LITTLE PIECES OF AT THE FIRST REGULATION.
WAS INTENDED TO BE. JOE: IT WILL CERTAINLY BE A SHADOW– I WILL.
NOT SAY ITS FORMER SELF BECAUSE IT NEVER ACTUALLY EXISTED. THE MASSIVE TO TRULY DOLLAR PLAN THAT NEVER MADE IT THROUGH.
CONGRESS LATE LAST YEAR– TO TRILLION DOLLAR PLAN.
— $2 TRILLION DOLLAR STRATEGY. I HAVE SAID THIS BEFORE. NO PERSON IS SPEAKING ABOUT IT. FOR ENHANCED SUBSIDIES,.
ENHANCED SUBSIDIES FOR OBAMACARE PUT IN AREA DURING.
COVID. THEY END AT THE END OF THE.
YEAR. UP UNTIL NOW THERE HAS BEEN NO.
STRATEGY FOR DEMOCRATS TO PROLONG THEM. THEY INTEND TO USE THE.
SETTLEMENT BILL AS AN POSSIBILITY. NOW WE HAVE A PRESIDENT WITH COVID THERE IS STILL THE MATTER.
OF COVID FINANCING. 10 TO $20 BILLION REQUESTED.
OVER 6 INTEND TO GO HAS STILL NOT SEEN THE DAY WE.
WERE TOLD REHAB WILL CERTAINLY BEGINNING RUNNING OUT.KAILEY: BIDEN CAMPAIGNED ON ACQUIRING THE. PANDEMIC CONTROLLED.
IS THE WHITE HOME SETTING THAT. ON THE BACK HEATER? IT DOES NOT APPEAR LIKE THERE IS. EFFORT ACQUIRING PEOPLE VACCINATED.
IT SEEMS TO HAVE FADED INTO THE HISTORY. JOE:. THEY DID TAKE THE POSSIBILITY TO SAY
THE HEAD OF STATE IS NOT IN. THE HOSPITAL BECAUSE HE IS COMPLETELY VACCINATED. THEY DID DESIRE PEOPLE TO GET THE INJECTION NOW. IT ' S EXCEPTIONALLY VITAL. BUT WHY IS WHAT IS CHANGING. ONE YEAR AGO HEAD OF STATE BIDEN SAID THESE VACCINES WILL CERTAINLY MAINTAIN. YOU FROM OBTAINING COVID. THE OTHER DAY IT WAS CLEAR THAT WAS. NO MORE THE SITUATION. PEOPLE THAT OBTAIN VACCINATIONS COULD. STILL BE INFECTED AS WELL AS THEY STATED EVERYBODY AT SOME TIME WILL. IT IS SIMPLY YOUR SIGNS WILL BE LOWER. THAT WILL CERTAINLY BE THE MESSAGE GOING AHEAD. A GREAT DEAL DIFFERENT THAN A YEAR AGO.JONATHAN:. EXCELLENT TO CATCH UP WITH YOU, JOE
MATHIEU.
WE HAVE TO OBTAIN BACK TO THE BOND MARKET IN GERMANY. DUE TO THE FACT THAT OF WHAT OCCURRED WITH ECONOMIC INFORMATION AS WELL AS THE ENERGY. CONCERN, WHEN THE PMIS COME OUT, THE DISTINCTION BETWEEN.
EXPANSION AS WELL AS TIGHTENING IS 50. THE COMPOUND IS 48.
A 48 DEAL WITH ON THE PMI. TOM: I CONCUR THE MOVEMENT FROM A. 0.77 TWO 0.43 IS PRECIPITOUS.
I FELT THE OTHER DAY WITH THE. LENGTHY ECB MEETING WE TOOK. THAT EXISTS IS A BATTLE HAPPENING. WE ARE ALL HAVING PROBLEM WITH THE TRUTH WE ARE DISTANT FROM THE. BATTLE. WE GET ON BATTLE GROUND IN EUROPE. JONATHAN: A GREAT DEAL OF THIS IS UN. FORECASTABLE. THE EURO IS WEAKER
AS WELL AS THE. TWO-YEAR IS MUCH LOWER.
THE HEADLINE WENT ACROSS EARLIER. CONSIDERING THAT 2008. BIG, BIG MOVES, TOM. TOM:.
WHAT HAPPENS IF WE BREAK VIA TO NEW LEVELS? YOU ARE PUTTING SOMETHING OUT ON TWITTER WHEN I WAS SIMPLY.
GETTING INVOLVED IN THE WORKPLACE. JONATHAN: JONATHAN:.
THREE-DAY WINNING TOUCH ON THE S&P 500 FINISHED FRIDAY. WE ARE DOWNSIDE A QUARTER OF 1%. WE CAME NEAR 4K YESTERDAY. SNAP NUMBERS AWFUL. KAILEY WILL EXPERIENCE THEM. IN 30 MINUTES WE GET TWITTER NUMBERS. I WILL CERTAINLY REACH THE BOND MARKET.TOM:.
POSSIBLY THEY SOLD SOME BITCOIN. JONATHAN: TESLA.
10-YEAR DOWN 7 BASIS FACTORS. OFF THE BACK OF THE FINANCIAL.
INFORMATION IN EUROPE THIS EARLY MORNING. TAKE A LOOK AT GERMANY. THE TWO-YEAR YIELD IS DOWN 25 BASIS POINTS. THINK OF THAT. THE INFORMATION IN EUROPE IS JUST BAD. UP 50 ON THE PMI. THAT IS TIGHTENING AREA. THAT IS WHY YOU SEE GERMAN.
YIELDS PLUMMET. TOM: THEY DON'' T HAVE AN MBER. JONATHAN: THE MARKETPLACE WILL DO THE MATHEMATICS FOR. THEM. THE NUMBERS WEAR ' T APPEARANCE GOOD. WE HAVE TO DETERMINE THE UPCOMING DATA.TOM:.
WE REQUIREMENT TO TRAVEL THERE TO DO SOME RESEARCH. JONATHAN:.
I UNDERSTAND YOU WISH TO MOST LIKELY TO THE CONFERENCE IN GERMANY. TOM:.
THE BANK OF FRANCE MEETING. JONATHAN:.
THE NUMBER ONE CONCERN IS THE GAS STREAMING FROM RUSSIA INTO EUROPE. TODAY YOU CAN'' T PROJECTION THAT. BUT WE NEED TO UNDERSTAND IS HOW THE ECB WILL CERTAINLY REACT TO THAT.
IF WE GET An UNFAVORABLE SUPPLY SHOCK ON ENERGY IN EUROPE THIS.
YEAR. HOW DO THEY REACT TO HIGHER.
ENERGY RATES IF THEY ARE WORRIED REGARDING SECOND ROUND.
IMPACTS? THEY JUST MAINTAIN HIKING AND ALSO.
ECONOMIC WEAK POINT, OR EXISTS A TIPPING POINT LATER THIS YEAR? TOM: THEY ARE A MAIN BANK ADAPTING TO A WERE INSTALLATION. THEY DISCUSSED HOW THE UK NEEDS TO FIGURE.
OUT A BATTLE FOOTING LIKE EUROPE. THEY ARE ALL LOOKING TO PERFORM IT. THERE IS A WAR GOING ON,.
EPSILON IN THE FORMULA GOES TO THE MOON.JONATHAN:.
WE ARE ON THE SAME WEB PAGE. TOM: WE ARE? JONATHAN:.
WHAT I KEEP MENTIONING IS WHAT WE NEED TO NUMBER OUT. WHAT TAKES PLACE IF– IF THE GASKETS SHUT DOWN?
— GAS GETS SHUT DOWN? EXERCISE WHAT THE DATA IMPLIES. YOU CAN NOT SAY YOU ARE DATA-DEPENDENT AND ALSO GO CONFERENCE.
BY CONFERENCE HAS THE MARKETPLACE ATTEMPTS TO FIGURE IT OUT BECAUSE THE.
ECB REACHES SELECT AS WELL AS PICK EVERY OTHER MEETING. THEY APPEARS 2 DAYS PRIOR TO THE SAYS WE WILL CERTAINLY INCREASE 50. THAT IS NOT HOW THIS IS MEANT TO FUNCTION AT ALL. THE EURO NO WEAKER BY.7%.– CURRENTLY WEAK BY.7%. KAILEY:.
A WHOLE LOT OF BREEZE, A GREAT DEAL OF DOWNSIDE FOR BREEZE. THE SUPPLY WAS DOWN 70% AHEAD OF ITS INCOMES RESULTS. IT IS DOWN ANOTHER 30% IN PREMARKET TRADING. DEFINITELY RUTHLESS AS THE SOLUTION DISAPPOINTS AS A RESULT OF A.
DOWNTURN IN ONLINE ADVERTISING SPENDING.IN THEORY THAT HAS
A. READTHROUGH TO OTHER FIRMS RELIED ON THE ON-LINE ADVERTISEMENT. INCOME. PINTEREST, META LOWER. TWITTER ALSO DOWN 2.5%. JUST HOW MUCH DO WE SEE SIMILAR ADVERTISING TRENDS AFFECTING. THEM? THERE ' S A GREAT DEALS OF SOUND BECAUSE. OF ELON MUSK ' S REQUISITION OR PERHAPS NOT OF THAT COMPANY. THERE ARE OTHER PROFITS RELOCATE ARE SEEING PRETTY BIG DECREASES. THE BIGGEST REVENUE MISS GOING.
BACK TO 2013 IS DOWN 12%. SEAGATE INFORMATION ABOUT 12% AFTER.
ITS PROJECTION DISAPPOINTED. ONE POSITIVE STORY. WE ARE SPEAKING ABOUT WEEK ECONOMICS. AMERICAN EXPRESS RAISING ITS PROFITS DEVELOPMENT OVERVIEW TO APPROXIMATELY.
25%. FORMERLY IT WAS ONLY A 20%. APPEARANCE AT THE NUMBERS AND ALSO THE QUARTER SIMPLY REPORTED. DOCUMENT COSTS FOR AMERICAN EXPRESS CUSTOMERS. QUANTITIES OF 30%. PART OF THAT IS BECAUSE PRICES.
ARE HIGHER. INDIVIDUALS ARE STILL SPENDING AND.
UTILIZING TAKE ADVANTAGE OF TO PERFORM SO. A REALLY FASCINATING DISCUSSION.
TO HAVE AS AMERICAN UNWANTED RISES 4% IN PREMARKET TRADING. TOM: REALLY APPRECIATE THAT. THIS IS THE JOY– THIERRY.
WIZMAN SIGNS UP WITH US.JON WANTS TO EMPHASIS ON EUROPE. IT IS FRONT AS WELL AS CENTER CURRENTLY. I HAVE TO GO BACK TO WHAT YOU.
AS WELL AS I DID YEARS EARLIER, THE UNRAVELING OF CURRENCIES WE SEE.
IN EMFX, THE PACIFIC EDGE, AND THEN ASIA, MALAYSIA– ARE WE.
HARKENING BACK TO AUGUST OF FAR BACK? THIERRY:.
THE EMERGING MARKETS ARE NOT TRULY A BLOG.– BALL. IT IS NOT AS IF BRAZIL HAS THE.
SAME DYNAMICS AS INDONESIA AS WELL AS CHINA. THERE'' S A GREAT DEAL OF VARIANT TO WHAT THEY RELY ON FOR THEIR.
REGARDS TO TRADE, IN WHICH THEY GET FUNDING FROM. I DESPISE TO EXTREMELY GENERALIZE ABOUT THEM. I TIN INFORM YOU THAT WITH PRODUCT COSTS CURRENTLY MOVING,.
WHICH IS A VARIOUS CIRCUMSTANCE WE HAD IN THE FIRST QUARTER OF.
THIS YEAR WHEN THEY WERE TYPICALLY CLIMBING ON THE BACK OF.
THE WAR DRIVING PRODUCT RATES UP, I'' M WORRIED ABOUT. THOSE ARISING MARKETS THAT ARE EXTREMELY DEPENDING ON COMMODITY.
RATES TO SUPPORT STIPULATIONS OF TRADE.BRAZIL FOR INSTANCE
. COLUMBIA, CHILE, SOUTHEAST ASIAN MARKETS, SOUTH AFRICA AS.
WELL. IF WE DISCUSS EMERGING MARKETS NOT EXCESSIVELY RELIANT ON.
COMMODITIES, CHINA FOR INSTANCE, I'' M NOT TOO WORRIED. WE HAVE TO MAKE A DISTINCTION. THOSE EMERGING MARKETS BASED ON.
ASSETS AND THOSE THAT ARE NOT. TOM:.
JON IS FOCUSED ON THE COLLAPSE OF YIELDS IN GERMANY. ECONOMIC TIGHTENING THE CENTER WAR.– IN THE MIDDLE OF A BATTLE. THIERRY: I BELIEVE THE BEST CONCERN.
NOW IS WHAT YOU WERE INDIVIDUALS WERE SPEAKING ABOUT, THE POSSIBILITY OF.
PEOPLE SEEING RATIONING IN ELECTRICAL POWER AS WELL AS EUROPE IF WE DO.
NOT OBTAIN THE ALL-NATURAL GAS FLOWS REBOOTED. THERE'' S ANOTHER PERSON PROBLEM WHICH IS ENVIRONMENT RESILIENCY, ALSO.
CONSUMING INTO THEIR RESERVES OF GAS. WE MAY BE DEALING WITH A CIRCUMSTANCE WHERE IN THE WINTER WE DON'' T. HAVE SUFFICIENT NATURAL GAS.POLITICIANS AS WELL AS POLICYMAKERS. WILL EXPECT THAT AN ASSIGNMENTS OF WELL AHEAD. THAT COULD START AT ANY MOMENT. THE EXTENT OF THE WEAKNESS IN.
THE PMIS WERE SO SIGNIFICANT IN JULY BECAUSE THESE BUSINESS.
ARE CONCERNED THEY WILL CERTAINLY NOT HAVE THE ELECTRICAL POWER TO GENERATE. IF THEY DON'' T, WHAT IS THE POINT OF HOARDING EQUIPMENT IF.
YOU CAN NOT RUN THEM IN THE NEXT FEW MONTHS? THAT IS THE BEST CONCERN.WITH REGARDS TO THE
ECB, IT IS. ANYBODY ' S ASSUMPTIONS. I AGREE THEY WERE AS WELL AMBIGUOUS.
IN THE COMMUNICATION THE OTHER DAY RELATIVE TO WHAT SORT OF.
INFORMATION THEY ARE VIEWING. THE WEAK POINT WE ARE SEEING IN.
THE EURO THIS MORNING HAS TO DO A LOT WITH THE TRUTH THERE IS.
UNCERTAINTY WITH REGARD TO WHAT THE ECB IS VIEWING. JONATHAN:.
WE ARE UNAWARE TO THEIR RESPONSE FUNCTION. THAT'' S THE PROBLEM. IT GETS REALLY CHALLENGING TO GET. THE EURO. THAT INDICATES WEAKER RISING COST OF LIVING. IT WAS STILL UNVIABLE–.
UNBUYABLE THROUGH THE REMAINDER OF THE YEAR. DO YOU AGREE? THIERRY:.
I DO. WE DON'' T SEE WHERE THEY ARE. SHORT OF A DIPLOMATIC SERVICE TO THE WAR. THE WAR HAS SO MUCH TO PERFORM WITH EUROPEAN DEVELOPMENT NOW. ESPECIALLY TO THE POSSIBILITY OF.
ALLOCATING AS WELL AS THE APPLICATIONS IT WILL CERTAINLY HAVE AN INDUSTRY. IF THEY SUPPLY, THEY WILL RUSSIAN MARKET, NOT.
HOUSES. THAT WOULD BE A POLITICAL.
CATASTROPHE. THEY WILL CLOSE DOWN FACTORIES,.
FOUR DAYS A WEEK RATHER THAN 5. THAT'' S A SCENARIO THAT WILL CERTAINLY HANG OVER THIS MARKET UNTIL WE.
GET QUALITY AND ALSO RESOLUTION ON THE GAS STREAMS. THAT DEPENDS ON A RESOLUTION TO THE WAR.KAILEY:.
I ATTEMPTED HARD TO LISTEN TO EVERY WORD THAT CHRISTINE LAGARDE.
CLAIMED THE OTHER DAY. THEY WERE VERY FEW THINGS I.
FELT DESERVED TRANSCRIBING. ONE OF THEM BEING WE ARE RELOCATING.
FROM ONE GO TO ABSOLUTELY NO. A NUMBER OF SECONDS LATER SHE.
GOES ON TO SAY WHAT IS THE NEUTRAL SETUP? AT THIS FACTOR IN TIME I PUT ON'' T KNOW. DO YOU KNOW? WE HAVE AN UNDERSTANDING OF HOW. HIGH THE ECB COULD HIKE RATES GIVEN WHATEVER YOU JUST LAID.
OUT FOR US? THIERRY: ECONOMIST THINK WE COULD GET A.
PRICE OVER ONE SOME TIME IN THE EARLY COMPONENT OF NEXT YEAR. WE ARE STARTING TO HAVE DOUBTS. THE FACTOR NEEDS TO DO AGAIN WITH.
THE PROSPECT THAT IF WE GET ELECTRICAL POWER RATIONING IN EUROPE.
WE WILL CERTAINLY SEE MUCH LOWER GROWTH IN THE 2ND FIFTY PERCENT OF THIS YEAR. IT'' S THE ROADWAY TO RUIN. YOU HAVE STRESS AND ANXIETY ON THE ITALIAN.
MARKET COMING FROM TOO LOTS SPECULATORS PHRASE THEY SHOULD.
MAKE A RUN, A SPECULATIVE ASSAULT ON ITALIAN BONDS. THOSE TWO POINTS HAVE THE CAPABILITY TO HINDER THE ECB FROM.
GOING ALL THE WAY AS MUCH AS 1.25 BY THE STARTING OF NEXT YEAR. WHAT CHRISTINE LAGARDE WAS TRYING TO SAY WHEN SHE INVOKED.
THE SUGGESTION THEY ARE INFORMATION DEPENDENT IS EXACTLY THAT. THEY DO NOT KNOW HOW THEY ARE GOING TO REACT TO A SCENARIO.
WHERE INFLATION REMAINS TO INCREASE BUT YOU HAVE FINANCIAL.
TENSIONS IN THE CREDIT MARKETS AT THE SAME TIME YOU HAVE A.
COLLAPSE IN VIEW AS WELL AS THE OUTLOOK FOR BRAND-NEW ORDERS.
REMAINS TO DETERIORATE.JONATHAN: YOU NAILED IT
. I DON'' T KNOW HOW THEY WILL CERTAINLY SPONSOR THE DATA. THIERRY WIZMAN, THANKS. TOM, THAT IS THE PROBLEM WE.
ALL HAVE WITH THE ECB RIGHT NOW. TOM: NO DOUBT ABOUT IT. THE UNCERTAINTY IS THE WORD. NOT ONLY THE ENGLISH PART OF IT.
BUT THE FINANCIAL PART OF USING THE WORD UNCERTAINTY PLAYS.
IT OUT. THE GERMAN YIELD IS A PRECURSOR.
FOR A BASIC OBSERVATION. WHEN AND HOW DOES EURO GO TO.
BELOW PARITY? JONATHAN: SIMPLY 24-HOUR OF THE HAWKS TOOK.
CONTROL OF THE ECB. DRIPPING IN MYSTERY AND ALSO EVERY.
BEAUTY AND ALSO BE WILL HAVE 50 BASIS POINTS AND LET'' S TRY TO. DO THAT ONCE MORE IN SEPTEMBER.TOM: THE MARKETS FIXED SEPTEMBER. AS WELL AS DESIGN THAT OUT.
I TIN ' T EMPHASIZE ENOUGH THE. LOOK BACK WE DO IS SIMPLY INCORRECT. THEY ARE ALWAYS DRIVING FORWARD. JONATHAN: I CAN ' T EMPHASIZE SEVERAL OF THE. WEAK POINT IN THE EURO IS NOT PRACTICALLY THE FINANCIAL INFORMATION. IT IS BECAUSE IT IS SUCH An ABSENCE OF UNDERSTANDING ABOUT HOW THIS.
ECB WILL REPLY TO THAT DATA. THE GREATEST DANGER VARIABLE THIS.
YEAR FOR EUROPE, THAT GAS GETS SWITCHED OFF FROM EUROPE. WE DON'' T NEED TO REACT TO THAT
. THAT IS TOUGH.FUTURES ARE DOWN BY JUST..2%.
FROM NEW YORK CITY, THIS IS BLOOMBERG. ♪ RITIKA: KEEPING YOU.
CURRENT WITH INFORMATION FROM AROUND THE GLOBE, I AM RITIKA.
GUPTA. TRUMP INSIDERS TOLD THE JANUARY.
6 BOARD THE HEAD OF STATE NEGLECTED PLEAS TO PHONE CALL OUT THE.
MOB STORMING THE U.S. CAPITOL. THE PANEL HELD A PRIME-TIME SHOW.
HEARING THURSDAY EVENING. MEMBERS CAST THE PREVIOUS.
PRESIDENT'' S AT WORK AS A DESPERATE TACTIC TO HOLD ONTO THE.
PRESIDENCY. THE WHITE HOUSE IS CONFIDENT.
PRESIDENT BIDEN WILL CERTAINLY STAY CLEAR OF THE WORST OF THE CORONAVIRUS MANY THANKS.
TO VACCINES AND ALSO A THERAPEUTIC MEDICINE. THE PRESIDENT IS EXPERIENCING LIGHT SYMPTOMS AND ALSO HAS BEGUN.
TAKING PAXLOVID. HE WILL SEPARATE AT THE WHITE.
HOUSE CONTINUING HIS OBLIGATIONS. LAWMAKERS IN TAIWAN ARE STATED TO.
BE PAIN AND ALSO CONFUSED BY THE FILAMENTS IN WASHINGTON OVER A.
POSSIBLE SEE BY RESIDENCE AUDIO SPEAKER NANCY PELOSI. IT WOULD BE THE FIRST BY HOME SPEAKER CONSIDERING THAT 1997. THE U.S. ARMED FORCE DOES NOT THINK IT'' S A GOOD IDEA. CHINA HAS CAUTIONED PELOSI AGAINST GOING TO TAIWAN. IN NEW YORK CITY STATE, A REPUBLICAN CANDIDATE FOR GUV WAS.
ASSAULTED AT A CAMPAIGN EVENT. A MALE WITH A POINTED WEAPON.
TRIED TO DRAG HIM TO THE GROUND.HE WAS SUBDUED.
NOBODY WAS HURT. THE ASSAULT OCCURRED OUTSIDE THE CITY OF ROCHESTER. AMERICAN EXPRESS 31% TO A DOCUMENT. THEY INCREASED THEIR FORECAST. AMEX CUSTOMERS CAP COSTS ON TRAVELING REGARDLESS OF MASS. TERMINATIONS AND LONG WAITS AT THE AIRPORT TERMINAL. THE COSTS ROSE GREATER THAN EXPENSIVE, 32%. GLOBAL INFORMATION, 24 HR A DAY, ON AIR AS WELL AS ON BLOOMBERG QUICKTAKE,.
POWERED BY EVEN MORE THAN 2700 REPORTERS AND ALSO ANALYSTS IN.
GREATER THAN 120 NATIONS. I AM RITIKA GUPTA. THIS IS BLOOMBERG. ♪ >> > > CURRENTLY THERE IS A TRICKLE.
OF GAS SUPPLY GOING WITH NORD STREAM ONE. WHENEVER A NO– WE NEVER KNOW OF THIS WILL CERTAINLY CONTINUE FOR A.
MONTH. IN EUROPE THE BORDER BETWEEN.
STAGNATION AS WELL AS A SIGNIFICANT ECONOMIC DOWNTURN IS WHETHER OR NOT WE.
HAVE ACCESSIBILITY TO RUSSIAN GAS. JONATHAN:.
AMONG THE LARGEST THREAT FACTORS INTO THE 2ND FIFTY PERCENT OF THE.
EUROPEAN ECONOMIC SITUATION. PRIMARY FINANCIAL EXPERT AT AXA.
INVESTMENT MANAGEMENT.GOOD EARLY MORNING.
ON THE NASDAQ 100, DOWN BY A.
POP.2%– BY ABOUT.2%.–.3%. A BIG BREAK LOWER IN GERMAN YIELDS OFF THE REAR OF WHAT IS.
OCCURRING WITH THE ECONOMIC INFORMATION. NORD STREAM 1 BACK ON LINE AT.
40% CAPABILITY CONTRASTED TO THE INFORMATION OF THIS WEEK. BETTER-THAN-EXPECTED. THE THREAT VARIABLE IS THIS COULD D.
THE DENTAL ANY PERCENT IN THE NEXT EVENT. TOM:.
I WOULD ENJOY THAT IN THE NEXT COMING HRS. JULIAN LEE IS JOINING US, OIL.
STRATEGIST SAID BLOOMBERG. JON FERROW'' S CONCENTRATE ON THIS. WHAT IS THE DISTINCTION IN THE NORD STREAM ARGUMENT, AND ALSO THE. TURBINE DISCUSSION, THE PRESSING OF HYDROCARBONS ACROSS EXCELLENT.
RANGES DISCUSSION? WHAT IS THE DISTINCTION YOU ARE.
STUDYING? JULIAN: THE IMPORTANT THINGS I'' M LOOKING AT IS THE. LEVERS OF UNPREDICTABILITY PRESIDENT PUTIN IS WIELDING. THAT IS ON-AGAIN, OFF-AGAIN GAS.
SURPRISED WITH NORD STREAM. WELL THEY KEEP UP WITH THIS.
PRESENT DEGREE OF 40%? WILL THEY GO DOWN AGAIN? WILL CERTAINLY HE BEGIN MESSING AROUND.
WITH PETROLEUM EXPORTS? WE ARE SEEING CRUDE BEING.
SHIPPED MUCH LONGER DISTANCES THAN IT WAS IN THE PAST. WE ARE.
SEEING– WELL WE SEE RUSSIAN CIRCULATIONS GOING TO ASIA, WE ARE.
SEEING MAKING UP FLOWS CAN BE FOUND IN THE OPPOSITE.
INSTRUCTIONS AS WELL.I THINK THE BIG THING WITH OIL RIGHT NOW IS.
BUYING UP THE DEMAND-SIDE UNPREDICTABILITIES. COVID UPCOMING BACK AGAIN IN CHINA. UNPREDICTABILITY OVER EUROPEAN.
ECONOMIC GROWTH. VERSUS THE SUPPLY.
UNCERTAINTIES AROUND RUSSIA AND ALSO WILL THE OPEC-PLUS COUNTRIES.
AGREED TO FURTHER OUTPUT INCREASES THEY MEET AT THE.
BEGINNING OF AUGUST. EYES WILL CERTAINLY CONCENTRATE ON THAT NEXT WEEK. JONATHAN: REGARDING THE EUROPEAN GAS.
USAGE IS CONCERNED WHAT IS THE LISTING ON THE VOLUNTARY.
NEED CUTS FLOATED EARLIER THIS WEEK? JULIAN:.
THEY ARE STILL OUT THERE.THERE IS CLEARLY A
NEED FOR. THIS.
WHATEVER OCCURS WITH RUSSIAN.
GAS FLOWS EUROPE WILL NEED TO OBTAIN ITS GAS CONSUMPTION DOWN. I THINK THAT WILL BE THE U.K. AS MUCH AS CONTINENTAL EUROPE. THE SOONER WE BEGIN DOING THAT.
COLLECTIVELY, THE LESS SEVERE THE CUTS ARE GOING TO NEED TO.
BE. IF WE KEEP BURNING GAS AT THE.
PRESENT PRICE RIGHT UP UNTIL THE START OF THE WINTER SEASON, THINGS ARE.
GOING TO OBTAIN REALLY CHALLENGING AS THE TEMPERATURE LEVELS OBTAIN COLDER. THE SOONER WE BEGIN CURTAILING.
GAS INTAKE, THE LESS DEEP WE WILL HAVE TO MAKE THOSE CUTS. KAILEY: ONTO THE TOPIC OF OIL, I'' M. LOOKING AT WTI COSTS DOWN 18% FROM THEIR OPTIMAL LAST MONTH. WE HAVE SEEN A MASSIVE COOLING IN THE OIL MARKET. A GREAT DEAL OF THE DISCUSSION SHIFTING TO CAPACITY COOLING.
AND DEMAND AS THE ECONOMIC SITUATION IS SLOWING. EARLIER THIS WEEK YOU PRODUCE AN POINT OF VIEW THAT SAID OPEC IS.
WRONG ABOUT ITS NEED FORECAST. WE ARE STILL NOT.
GOING TO HAVE ENOUGH SUPPLY TO FULFILL IT. IS THE MARKETPLACE OBTAINING THE SUPPLY AS WELL AS DEMAND BALANCE MISDOING? JULIAN: THERE'' S A NUMBER OF
THINGS THAT. EITHER THE MARKET ISN'' T FULLY OBTAINING RIGHT OR POSSIBLY THE. FORECASTERS ARE NOT OBTAINING RIGHT.IF YOU TAKE A LOOK AT THE OPEC. PROJECTION, THEY ARE SPEAKING REGARDING 2.7 MILLION BARRELS A DAY. OF DEMAND DEVELOPMENT NEXT YEAR.
AN INCREMENTAL REQUIREMENT FOR. CRUDE FROM OPEC IS REGARDING 1.4 MILLION BARRELS A DAY FROM. WHERE THEY ARE NOW.
THAT WILL BE VERY CHALLENGING FOR. THEM TO PERFORM GIVEN CAPACITY LIMITATIONS. THE OTHER BIG PROBLEM, AND THIS IS A CONCERN THE U.S. TREASURY HAS IS THAT THE MARKETPLACE ISN ' T FULLY VALUING IN THE'. POSSIBLE EFFECTS OF THE EU SANCTIONS ON RUSSIAN OIL. SPECIFICALLY, THE UPCOMING BAN. ON INSURANCE ON TANKERS TRANSPORTATION THE STAFF THAT COULD. PRESS COSTS UP CONSIDERABLY.
TOM:. WHAT IS YOUR VIEW ON OIL OUT 6 MONTHS OR YEAR? ONE GROUP IS UP, UP AND ALSO AWAY. ANOTHER PERSON TEAM GOING MAYBE NOT. WHAT IS IT? JULIAN: I ARE RELUCTANT TO SHOT TO PHONE CALL IT.
EVEN A MONTH AHEAD, NOT TO MENTION SIX. MY FEELING IS THAT IF YOU BUY.
RIGHT INTO THE UP, OF STORY, YOU WILL DISCOVER YOURSELF ON THE DOWN,.
DOWN, DOWN STORY. AS OIL RATES INCREASE THAT IS.
GOING TO PUT A LOT MORE PRESSURE ON THE ECONOMY AS IT HAS EVERY.
VARIOUS OTHER TIME WE HAVE SEEN OIL OBTAINING UP ABOVE $120 A BARREL. I THINK OF OIL DOES RISE, IT'' S MOST LIKELY NOT SUSTAINABLE. JONATHAN: JULIAN LEE ON THE POWER.
SITUATION.ONE EVEN MORE POINT ON LONDON. BRITISH RESPIRATORY TRACTS HAS ACTUALLY SIMPLY STAYED CLEAR OF ANOTHER PERSON STRIKE.
POSSIBLY TAKING LOCATION. THEY HAVE INVOLVE A MANAGE.
THAT WHEN UNION. TOM: YOU ARE MORE UP TO RATE. JONATHAN: 8% PAY RAISE, A ONE-OFF PERK.
AND A REINSTATEMENT OF CHANGE PAY. IT WAS BACKED BY 75% OF.
EMPLOYEES. TOM: THE THINK I DON'' T UNDERSTAND,.
IF THE AIRCRAFTS ARE OBSTRUCTED AS WELL AS THEY ARE OBTAINING EARNINGS–.
JONATHAN: CANISTER THE AIRPORT SOLUTION WHAT.
THE AIRLINE COMPANY WANTS TO ACCOMPLISH? TOM: I LEARN SOMETHING NEW EVERYDAY.
AS WELL AS I NEED TO SAY GIVEN TODAY, OUR TEAM HAS BEEN.
OUTSTANDING. THE RESERVATIONS HAVE BEEN BETTER.
THAN GREAT. ON THE BREAK I HAVE NO SUGGESTION.
BOSTON BEER WITH THE FUTURE DOWN COMPONENT AS A RESULT OF THIS.
THING CALLED HEART SELTZER.– DIFFICULT SELTZER. KAILEY:.
WHITE CLAW. JONATHAN: NOT A FOLLOWER. THE TOUGH SELTZER CLASSIFICATION IS.
STILL MURKY. THE SUPPLY IS DOWN 9%. TOM:.
DOWN 74% FROM THE HEIGHT. DID YOU SEE IT AS A HEIGHT BOOM.
IN 2015? KAILEY: BUT THERE ARE ALL OF An UNEXPECTED 8.
VARIOUS– 80 DIFFERENT BRANDS AT ENTIRE FOODS. JONATHAN:.
IT EXPLODED IN An ENORMOUS WHITE.TOM: GARY COOPER. “HIGH NOON”. “OR SOMETHING? JONATHAN:. I WEAR ' T GET THE RULES ABOUT WHERE YOU CAN IT CANISTER NOT BUY. ALCOHOL IN THIS COUNTRY.
TOM: WHAT IS THE REGULATION CONCERNING PURCHASING. AT THE SUPERMARKET? JONATHAN: A LOWER ALCOHOL WEB CONTENT. KAILEY:. MALTS OR SOMETHING. JONATHAN
: THIS HAS ACTUALLY HELPED EVERYBODY OUT. TOM: ENCYCLOPEDIC.JONATHAN: >> > > A BIT EVEN MORE WEAKNESS, FRACTURES AND ALSO CONSUMER HOUSING MARKET. >> > > THE INFLATION IMAGE IN EUROPE AND ALSO WORLDWIDE CONCENTRATES MAIN SPACE– CENTRAL BANKS TO RAISE FINANCES. >> > > IT IS REALLY TO An ACQUIRING RIGHT INTO THIS RANGE. > > THE ECB IS GOING INTO A.
PERIOD WHERE WE ALREADY SEE SLOW-MOVING GROWTH. >> > > I THINK PERSONALLY, THEY.
MADE AN ERROR. >> > > THIS IS “” BLOOMBERG.
SECURITY”” WITH TOM KEENE, JONATHAN.
FARROW, AND LISA ABRAMOWITZ.TOM:.
JONATHAN FERRO, LISA ABRAMOWITZ AND ALSO TOM KEENE, THRILLED TO BE.
WITH YOU, EXPLORING A CRITICAL WEEK NEXT WEEK AND ALSO FOR.
JEROME POWELL AS WELL AS CERTAINLY FOR GERMANY ITS FRAGMENTATION.
FRIDAY. JONATHAN: I WOULD GO FURTHER, IT IS THE.
EDGE OF ECONOMIC CRISIS THURSDAY. IN LOOKING TO THE FRONT END OF.
THE GERMAN BUND CONTOUR, DOWN 25 BASIS DETAILS IS A BIG MOVE. TOM:.
COPPER DOES NOT BE AVAILABLE IN, I AM LOOKING AT CHICAGO AND ALSO COPPER.
TELLS ME SOMETHING DIFFERENT. OIL GIVING THE FINANCIAL.
STAGNATION INDICATION. JONATHAN: THE NEXT TALK, PMI'' S, AND ALSO THE.
DATE HAS NOT BEEN TERRIFIC.DOWN 8 BASIS DIRECTS
ON THE. TEN YEARS PERIODS TO 79 ON A 10-YEAR YIELD. TOM: ONCE AGAIN, WE SAW MASSIVE CURVE IN.
VERSION TWO -225 BASIS POINTS. I THINK WE HAVE A FED MEETING.
COMING UP ON THURSDAY, BUT THE RETURN DYNAMICS SEEM SO SEPARATE.
AFTER WHAT WE MISSED– SAW YESTERDAY, BUT– ALL.
OF US SELECTING UP THE DEBRIS. JONATHAN:.
I BELIEVE WE ARE ALL OVERWHELMED CONCERNING THAT PRESS CONFERENCE. JUST GETTING SOME FIGURES FROM TWITTER COMING IN AT $1.
BILLION, AND ADJUSTED PROFITS OF 1.870 BILLION. THAT IS A DOWNSIDE.THE AVERAGE MONETIZE A BULL. DAILY STANDARD CUSTOMER,
DID I DO THAT RIGHT? TOM:. HAVE ANOTHER PERSON HARD SELTZER.
JONATHAN:. 237.8 MILLION AND THE QUOTE TO 30 78 5 MILLION. THAT DESIRES THE MASSIVE SNAP THE OTHER DAY AFTERNOON. TOM: IT IS A REVENUE, PRICE QUOTE AND ALSO WE ESTIMATE THIS, WE. MISUNDERSTAND THESE SOCIAL MEDIA EFFORTS ARE CONTRASTED TO. ACTUAL INNOVATION, AS WE MENTIONED ON FACEBOOK. JONATHAN:. I BELIEVE OF A HUGE IMPLEMENTATION ISSUE THIS QUARTER. I KNOW EVERY PERSON IS SEARCHING FOR A MACRO SIGNAL, I WOULD NOT OBTAIN. IT FROM THE SOCIAL NETWORK FIRMS, I WOULD CONSIDER. ALPHABET AS WELL AS FACEBOOK, AND NOT A BUSINESS LIKE TWITTER WHO WE. DO NOT KNOW WHO WILL CERTAINLY RUN THE BUSINESS AND NO ONE BECAUSE. FIRM KNOWS EITHER.
TOM: ASSIST– YOU AIDED United States WITH HARD. SELTZER, AID US WITH SNAP AND ALSO TWITTER. KAILEY:. JUST IN THE REALITY IN THE METAL DEBT OF
THE ISSUE THAT THEY. REMAIN IN A BATTLE WITH THE WEALTHIEST MAN ON THE PLANET. THAT REFLECTS MARKETING SECTOR HEADWINDS WITH THE. ATMOSPHERE AS WELL AS THE PENDING APPOSITION–. APPLICATION OF ELON MUSK.SO IT IS BOTH AS WELL AS, BUT WHEN WE.
OBTAIN META-AND ALPHABET, ARE THEY GOING TO AUTUMN TARGET TO THE. EXACT SAME STAGNATION IN ADVERTISEMENT SPENDING AS COMPANIES LOOK AROUND AT WHAT. THE ECONOMIC CLIMATE IS DOING AND SAY NOT SO MUCH.
TOM:. THE GREATEST MYSTERY ON THE DISPLAY IS THAT YOU GO
TO THE. REAL YIELDS. JONATHAN: IT IS ELEMENTARY AND OBVIOUS,. IT IS THE DECLINE IN YIELDS IN GERMANY
, AFTER THE ECB MADE A. TRANSFER TO WALKING PASSION PRICES, THEY KEYED UP
WANTING SEPTEMBER. THE INFORMATION IS SEEN– IS SPEAKING LOUDLY AND CLEARLY.TOM: 32 ON THE VICKS, DOWN TO 23, IT. IS NOT THE SPLENDOR OF 10 POINTS
AND I WILL TAKE NINE.
JONATHAN: FUTURES DOWN AS WELL AS ON THE NASDAQ. DOWN.3%. STAFF DOWN BY.4 PERCENT.
POINTS. HANGING ONTO 95, 1 0117, THERE
. IT IS FOR YOU AND THE BOND MARKET DOWN BY SEVEN BASIS. FACTORS AND ALSO SIMPLY ON 28050 ON THE U.S. ONE DECADE. TOM:. WITH United States IS LIZZIE YOUNG, ALWAYS WITH A VARIOUS VIEW, AND FOR. YOU, IT IS THE POINTS TO ENJOY IN AUGUST THAT ARE DIFFERENT. AND TWISTED. WHICH SIGN OR PROPORTION.
MATTERS TO YOU AS A CLAIRVOYANCE FOR AUGUST? LIZ:. FIRST AND ALSO FOREMOST NEXT WEEK MATTERS BECAUSE WE ARE GOING TO. GET RAVAGED– ECONOMIC DATA AS WELL AS WE WILL LEARN THROUGH THE FED. AS WELL AS THE EXPECTATION IS THAT IT MIGHT BE THE LAST
BIG HIKE THAT. WE GET BEFORE THEY COULD SLOW DOWN, AT THE VERY LEAST THE DIMENSION OF. HIKES IN SEPTEMBER.ALSO NEXT WEEK WE ARE OBTAINING.
30% OF S&P EFFICIENCY INCLUDING REVENUES WHICH WILL.
REMAIN IN CROSS SECTORS. REVENUES FLAVOR HAS BEEN MIXED,.
NOT AWFUL BUT WE HAVE LEARNT THROUGH A GREAT DEAL OF FIRMS THAT.
THEY ARE THINKING THE ADHERING TO ENVIRONMENT WILL BE EVEN MORE.
CHALLENGING AS WELL AS PREPARING THEMSELVES FOR THAT DIFFICULTY.
I BELIEVE NEXT WEEK WHEN WE HEAR THE RUBBER HIT THE TRAIL AS HOW. THIS HAS IMPACTED BUSINESS IN THE CONSUMER AREA AND MATERIAL.
AREA AND INDUSTRIALS, THAT IS IN WHICH YOU REALLY FEEL THE PRESS.
JONATHAN: JUST HOW MUCH SELF-CONFIDENCE DO YOU HAVE. THE BOUNCE IN THE SECURITIES MARKET? LIZ: I DO NOT HAVE
A LOT OF. SELF-CONFIDENCE THAT IT IS DURABLE YET, I ASSUME IT THREATENS
TO. DECLARE SUCCESS BEFORE WE SEE ANY SMALL AMOUNTS IN RISING COST OF LIVING.
THE VARIOUS OTHER THING I WOULD SAY IS THAT I THINK WHAT THE FEDERAL. GET DESIRES TO SEE IS THAT THERE IS A TREND DOWN IN.
INFLATION AND ALSO AS WE KNOW IT IS NOT SIMPLY ONE INFORMATION FACTOR, EVEN. IF RISING COST OF LIVING BEGINS TO MODEST WITH THE JULY DATA, THAT
DOES. NOT MEAN THAT IT IS OVER.WE JUST REQUIRED TO SEE IT OCCUR.
FOR 3 CONSECUTIVE MONTHS PRIOR TO THE FED WILL STATE YOU.
KNOW WHAT ' S, IT IS WORKING, WE CAN TAKE OUR FOOT OFF OF THE.
GAS PEDAL.'KAILEY: YOU CLAIM IT THREATENS OR TOO.
EARLY TO TELEPHONE CALL THE BOTTOM, WAS IT TOO EARLY TO PHONE CALL THE DEPTH. OF THE 6040 PROFILE AS WE HAVE DONE A LOT OF TIMES BECAUSE. I AM LOOKING AT A HEALTHY AND BALANCED BOND RALLY.
LIZ: I BELIEVE IT WAS POSSIBLY OK TO. BEGIN REASONING ABOUT 60-40 PRESENTING A KNOCK– AN. CHANCE ONCE MORE, IT WAS NOT INCORRECT TO SAY THAT 60-40 DID NOT. WORK FOR A LONG TIME BUT WHILE WE HAD BOND YEARLINGS AS LONG.– AS LOW AS THEY WERE THEY WERE NOT GIVING THAT.
DIVERSIFICATION BENEFIT NOW THERE IS MORE OF AN CHANCE. HERE IS WHERE I WOULD TAKE CARE. YOU CAN NOT PAINT WITH A BROAD BRUSH IN BONDS. YOU CAN NOT SAY BUSINESS BONDS THERE IS A SIGNIFICANT CHANCE. BECAUSE IF WE ARE ANXIOUS ABOUT A RECESSION SITUATION AND MORE. TENSION IN THE EQUITY MARKET, THAT ALSO SUGGESTS MORE STRESS AND ANXIETY IN. COMPANY BONDS, INVESTMENT-GRADE AND ALSO HIGH-YIELD.
THEY HAVE GOTTEN A LITTLE BIT WORSE BUT THEY HAVE NOT GOTTEN. AS BAD AS YOU WOULD EXPECT THEM TO BE IN A RECESSIONARY.
ENVIRONMENT.YOU NEED TO BE LOOKING AT. TREASURIES AS WELL AS HIGH-QUALITY BONDS.
KAILEY:.
WHAT WOULD YOU BE LOOKING FOR
, WE HEARD 700 PLUS. LIZ:. INDEED, AS WELL AS SPREADS OUT HAVE DOUBLED GIVEN THAT THE BEGINNING OF THE YEAR. BUT CONSIDER IN WHICH THEY HAVE GOTTEN TO IN OTHER RECESSIONARY.
SETTINGS. YOU LISTEN TO THEM OVER 10 %. THEY MAY NOT OBTAIN TO THAT DEGREE, THAT THEY COULD WIDEN. OUT, SO I WOULD BEWARE IN THAT ROOM DUE TO THE FACT THAT WHAT YOU SEE. USUALLY IS THE EQUITY MARKET WILL CERTAINLY CORRECT, BUT THEN THERE IS. A CORRELATION BETWEEN EQUITIES AND
HIGH-YIELD BONDS. THE VARIOUS OTHER THING IS THAT YOU ARE LISTENING TO FROM FIRMS THAT. HAVE BANK CARD BUSINESSES THAT THEY ARE PLANNING FOR. LOAN LOSSES AND FOR CUSTOMERS TO NOT NECESSARILY BE INVESTING.
AS MUCH AND ALSO FOR THE PAYMENT CYCLE TO REDUCE. YOU NEED TO THINK OF THAT AS WELL AS WELL AS A FINANCIAL DEBT MARKET. INDICATION. JONATHAN: ONE OF THE
BIG WINNERS, THE. POWER FIELD IN THE STOCK EXCHANGE, IT HAS SURRENDERED A. LOT AND IT WAS A RECIPIENT OF THE BIG INFLATION PROFESSION. I QUESTION HOW THIS PERFORMS AS GROWTH DECELERATES. WHAT ARE YOU TRYING TO FIND? LIZ: I BELIEVE YOU HAVE TO SEPARATE. WHAT POWER IS TRADING AT VERSUS WHAT ENERGY STOCKS MIGHT. PROFESSION AT.IF YOU ARE AN EARNINGS INVESTOR. AND YOU ARE A CYCLICAL INVESTOR AND YOU REQUIRED TO STABILIZE YOUR. PORTFOLIO, POWER STOCKS MIGHT OFFERING ALRIGHT OPPORTUNITY AS WELL AS. THEY ARE PAYING A NICE RETURNS.
IT IS NOT THAT YOU REQUIRED TO OBTAIN. OUT OF ENERGY SUPPLIES, THAT IF YOU CAN TAKE THE OPPOSITE OF. THAT AND CHECK OUT THE COMMODITY ITSELF, BECAUSE WE ARE SEEING A. DOWNTURN POPULAR AS WELL AS WE ARE ALL HOPING FOR A STAGNATION IN.
RISING COST OF LIVING AND ALSO WE HAVE CENTRAL BANKS TRYING TO COMBAT THAT.
STORY, I DO NOT THINK THAT POWER WILL SEE A HEAP MORE.
ADVANTAGE. IT COULD REMAIN ELEVATED COMPARED. TO WHERE IT WAS BEFORE, BUT
I DO NOT THINK THERE IS A HEAP. EVEN MORE JUICE THAT WE WILL EJECT OF IT AS AN POWER TRADE.
PER– ECONOMIC SITUATION WISE.JONATHAN: EVERY FUTURES DOWN BY 1/10 OF 1% AND ON CRUDE DOWN 1.3 %TO 95. TYLER ' S– $95. TOM: EQUITIES ARE DURABLE AS WELL AS I DO. NOT KNOW WHICH WAY CUTS ON THE HEADINGS BUT WHAT I SAW
. THE OTHER DAY FROM THE HEALTH BUSINESS, WHAT YOU SEE FROM. AMERICAN EXPRESS'SHOWS IN THE RECAP, EQUITIES ARE RESISTANT.
JONATHAN: TWITTER RESILIENT, THERE IS ONE. FOR YOU.
SUPPLIES DOWN 2%. KAILEY: ONLY AS A SITE THE SAME.
ADVERTISING HEADWINDS AS SNAP DISCUSSED. THAT IS FAR WORSE, DOWN 31% AS WELL AS LIKEWISE TRADING DOWN IN TANDEM.
WITH ALPHABET AND ALSO META -. IT IS UP 3 %. WE GET THOSE RECORDS NEXT
WEEK. TOM:. I AM REALLY FOCUSED ON WHAT YOU GUYS REQUIREMENT TO PERFORM TO COMPLETE. SOLID AND ALSO VALUABLE TO BLOOMBERG SECURITY, AS WELL AS I HAVE NEVER. SEEN IT FRIENDLY. JONATHAN: WHAT GAMES YOU INTEND TO SEE? TOM:. KID ' S ROMA. I JUST CAN NOT IDENTIFY IN WHICH. JONATHAN: YOU ' RE THE ONE WHO RECOGNIZES THIS. TOM: I THINK IT REMAINS IN ROME, BUT THAT.
IS WHY BASEBALL IS HERE.JONATHAN:. PLEASANT PRESEASON COULD BE THROUGHOUT THE GLOBE, I HAVE. NO SUGGESTION, IT MIGHT NOT REMAIN IN NORTH LONDON. TOM:.
IT IS A VALUE ADD THAT YOU CAN ADD TO BLOOMBERG. TOM:. A PERSON WILL MESSAGE ME IMMEDIATELY. OUR FRIENDLY ' S FRIENDLY? JONATHAN:
. INDIVIDUALS ARE USUALLY LESS AGGRESSIVE. TOM:.
DO THE CELEBRITIES PLAY? JONATHAN: SOME DO. THIS IS United States TODAY ACQUIRING.
FIT FOR FEDERAL GET CONFERENCE. WHAT ARE YOU ON TODAY? HONESTLY? TOM: JON ' S ENTOURAGE JUST SENT ME.
THE SCHEDULE. WE HAVE THE GREATEST COLLECTION OF. BOOKERS ON EARTH, EXTRA THIS FRIDAY. JONATHAN:. PLEASE DO NOT.
HARDTACK. FUTURES DOWN 10%.
TOM:. I AM CHATTING TO THEM NOW. JONATHAN: THIS IS BLOOMBERG. > > KEEPING YOU UP-TO-DATE. AROUND THE INFORMATION, BUSINESS ASSISTANT CAUTIONS THAT THE U.S. CAN NOT KEEP RELYING ON >> TAIWAN FOR SEMICONDUCTOR ' S IN A. VIRTUAL SPEECH TO THE ASSET SAFETY FORUM. HE CLAIMED CONGRESS NEEDS TO PASS REGULATIONS TO ASSISTANCE DOMESTIC. MANUFACTURING AND CALLS THE$ 50 BILLION PACKAGE “A SPUTNIK.
MINUTE” FOR AMERICA.AGGRESSIVE GROUPS WANT CHUCK. SCHUMER TO RECUSE HIMSELF FROM REGULATIONS WITH” BIG TECH AND.
THEY SAY HAS A CONFLICT OF INTEREST AS A RESULT OF HIS. LITTLE GIRL ' S WORK WITH AMAZON.COM AND META-PLATFORMS. 16 GROUPS HAVE. BEEN ADVOCATING FOR ANTITRUST MEASURES MONITORING– CRACKING. DOWN ON TECH GIANTS. An ECONOMIC DOWNTURN MAY BE ON THE. PERSPECTIVE IN THE EURO LOCATION, ECONOMIC SECTOR ACTIVITY. UNEXPECTEDLY SHRANK THIS MONTH FOR THE VERY FIRST TIME SINCE THE. PANDEMIC LOCKDOWN EARLY 2021.
A SURVEY OF BUYING MANAGERS. GONE DOWN TO A 17 MONTH LOW.
AND YOU FACTORING OUT BUT FELL.
AND– OUTCOME FELL.
LIZ DEPEND ON IS EXTENDING HER LEAD. OVER RISHI SUNAK.
ACCORDING TO A STUDY OF. TRADITIONAL EVENT PARTICIPANTS, 62% STATED THAT THEY WOULD VOTE FOR. TRUSS AND ALSO 38 WENT WITH SUNAK, AN EARLIER POLL HAD TRUSS LEADING. BY 19 POINTS. NECKING QUARTER REVENUE SKYROCKETED. TO A DOCUMENT LEADING A BUSINESS TO RAISE ITS FORECAST FOR. FULL-YEAR REVENUE.
ITS CUSTOMERS THAT– CAP. SPENDING ON TRAVEL REGARDLESS OF CANCELLATIONS AS WELL AS LONG WAITS. AT THE SAME TIME THE FIRM ' S EXPENSES INCREASED 32%. GLOBAL NEWS, 1 DAY A DAY, ON AIR AND ALSO ON BLOOMBERG QUICKTAKE,.'POWERED BY GREATER THAN 2700 REPORTERS AND ANALYSTS IN. GREATER THAN 120 COUNTRIES.THIS IS BLOOMBERG.
> > THE STUDY TEAM THAT BANK. OF AMERICA HAS A REAL– A YEAR-END ECONOMIC DOWNTURN BUT
SAYS IT. >> IS A MILD RECESSION AND ALSO ECONOMIC DOWNTURN IS NOT ACCOMPANIED BY. HIGH UNEMPLOYMENT WHICH SUGGESTS IT NEED TO COME BACK OUT. IT IS EVEN MORE THE EFFECT OF THE FED INCREASING RATES
. JONATHAN: THE CHAIRMAN AS WELL AS CEO OF FINANCIAL INSTITUTION OF. AMERICA CATCHING UP WITH DAVID WESTIN. FUTURES DOWN.1% ON THE S&P AS WELL AS THE NASDAQ 100 DOWN 30 FACTORS. YIELDS ARE LOWER THIS MORNING DOWN SIX BASIS POINTS ON A 10. YEAR AND EVEN LOWER OVER IN GERMANY. WE NEED TO SPEAK ABOUT THAT DATA OUT OF EUROPE, TAYLOR, SUB 50. ON THE PMI AND YIELDS LOWER IN GERMANY ON A TWO YEAR. TOM: I HAVE BEEN MISSING THIS, HE. HAD THE FRENCH BAILOUT RECENTLY OF ENERGY AND ALSO THIS YOU HAVE THE GERMANY UNIPER THE. MODERN UTILITY IF YOU TIN REFER TO IT AS THAT,
AND ALSO I COMPUTE THAT. THE BAILOUT IS 1.3 3 MILLION PER STAFF MEMBER, WHICH IS ONE. METRIC OF 11,000 EMPLOYEES AS WELL, BUT IT IS FEDERAL GOVERNMENT TO. THE RESCUE.JONATHAN: MIND YOU, THEY TAKE A STAKE IN. 30 %, THAT HOLDING PROVIDES HIM A BIG ENOUGH HOLDING TO HAVE.
LEGAL RIGHTS ON STRATEGIC DECISIONS.
TOM: I DO NOT KNOW. JONATHAN:. LATER THIS YEAR THERE WILL CERTAINLY BE BIG DECISIONS TO MAKE. TOM:.
IT IS A BRAND-NEW COMMERCIALISM THAT SPEAKS WITH THE SITUATION AT
HAND. IT HAS BEEN HARD TO REACH THEM. TO TALK BECAUSE HE HAS VARIOUS HRS AT BLOOMBERG. DAMIEN, I AM WATCHING MALAYSIA UNWIND. PERHAPS THE FINANCIAL INSTITUTION HAS TO DEGREE AT 56, ET CETERA, WHAT IS THE. GREAT UNWIND OF THE INTO THE WEEKEND BREAK– OF EM INTO THE. WEEKEND. DAMIEN: A LOVED ONE
SAFE HOUSE HAS BEEN. ASIA. THE ASSAULT YOU ARE STATING AND. BOND MARKETS, THAT IS ONLY ON THE DAY. WE SPOKE ABOUT THE MALAYSIAN RUBY AS WELL AS THE PHILIPPINE PESO,. IT MY HAT– IT MAY HAVE BEEN A SAY PHASE AND– SAFE HOUSE.
AND ALLOW US BE CLEAR, EMERGING MARKETS, THERE IS NO GREAT NEWS. INDIVIDUALS EXPLAINED IN 18% YEAR TO DATE DECREASES AS WELL AS THE EM HAS.
CLEANED AWAY REVENUE. 7 YEARS OF EARNINGS HAVE.
BEEN CLEANED OUT BY THIS PERFORMANCE.TOM: HOW BIG OF A DILEMMA
IS THIS TO. THE WESTERN WORLD AND INTERNATIONAL MONETARY FUND? DAMIAN: I IMPLY IT HAS BEEN RELATIVELY. IGNORED BY THE DEVELOPED MARKET AND ALSO RESERVE BANK. KNOW THAT THE FED AND THE ECB. AND ALSO THE PBOC ARE NOW SCALING BACK THEIR ANNUAL REPORT. ON A YEAR-OVER-YEAR BASIS, THE ANNUAL REPORT IS DOWN 4.7%. YEAR-OVER-YEAR. THE
LAST TIME THAT OCCURRED WAS. THE END OF 2018 AS WELL AS THE STOCK EXCHANGE REACTED IMPROPERLY OFF THE. BACK OF IT, 20%. WE EXPECT SEVERAL WEAK POINTS AND.
GAPS IN THE PIPES SYSTEM FOR SURE. KAILEY:.
LET United States DISCUSS CHINA BECAUSE WE HAVE HAD A GREAT DEAL OF.
CONVERSATION REGARDING COVID 0 ANY EFFECT ON THE CHINESE ECONOMY.THE RESIDENTIAL PROPERTY
SECTOR, IT SEEMS.
LIKE EVERY MORNING I COME IN AND READ THAT THINGS HAVE.
GOTTEN EVEN WORSE AND A HUGE PIECE OF CHINA'' S ECONOMIC CLIMATE. HAVE WE UNDERSTOOD THE DANGER OF THAT? DAMIAN:.
THAT IS An EXCELLENT QUESTION AND ALSO IT IS NOT ASSISTING THAT CHINA IS.
CENSORING INFO AROUND THE HOME LOAN CRISIS HAPPENING.
THERE. TO MY POINT OF VIEW THE WHOLE.
PYRAMID IS COLLAPSING. THE TRUTH THAT YOU HAVE HOME LOAN.
BOYCOTTS, OVER 100,000 HOME OWNERS ARE NOT PAYING THEIR.
HOME MORTGAGES BECAUSE THEY NEVER OBTAINED A HOME. YOU KNOW THAT THEY PRESELL. IT IS EXPANDING TO THE FINANCIAL.
MARKET AND THE AGRICULTURAL FINANCIAL INSTITUTION OF CHINA IS REALLY FEELING PAIN. THE REAL ESTATE MARKET IN CHINA IS 40% OF MIDDLE-CLASS WELLNESS.
ENTIRE HOME RICHES AS WELL AS 35% OF THE GOVERNMENT'' S. IT IS A BIG COMPONENT OF THE ECONOMIC CLIMATE.
KAILEY:. WHAT IS A PLAN RESPONSE, HOW MUCH DO YOU NEED TO EASE AND.
SUPPORT TO OBTAIN THAT BLOOD LOSS TO QUIT? DAMIAN: THEY NEED TO INCENTIVIZE CITIZEN.
FEDERAL GOVERNMENTS TO COMPLETE A FEW OF THESE UNDEVELOPED PROJECTS. THAT REQUIRES TO HAPPEN RIGHT.
NOW SO THE JOBS ARE FINISHED SO THAT PEOPLE HAVE.
THEIR HOUSES AS WELL AS THEY PAY THEIR MORTGAGES. RIGHT CURRENTLY BANKS DO NOT WANT TO LEND IN CHINA AND WE REQUIREMENT TO.
GET THE BANKING NEIGHBORHOOD INVOLVED AND THERE DOES NOT.
SEEM TO BE A WILLINGNESS.JONATHAN:.
IT SEEMS LIKE A RECESSION TURNING UP. DAMIAN: TAKE A LOOK AT YOU, FOR ME, YOU GUYS.
CALL ME, IT IS A FRIDAY FACILITY– SUMMERTIME MORNING, THE YANKS.
JUST OBTAINED SWEPT UP BY THE ASTROS. IF YOU INTENDED TO TALK EQUILIBRIUM.
SHEETS, YOU CONSIDER THE BIG 4 AS WELL AS THE FACT THAT THEY ARE.
OBTAINING SMALLER IS NEVER A GOOD POINT FOR CASH SUPPLY AROUND THE WORLD.
OR EMERGING MARKETS.JONATHAN: YAHWEH '
S WANT TO SPEAK ABOUT'. ASSISTANCE.
FRENCH GRAND PRIX THIS WEEKEND BREAK,.
I– WHAT ARE YOU SEARCHING FOR? DAMIAN:.
I LOVE MAX AS WELL AS RED BULL AND ALSO CHRISTIAN. COLIN IS MY FAVE RACER AND.
HE WILL CERTAINLY BE HARD TO BEAT, I LOVE IT. JONATHAN: I WOULD LIKE TO INTRODUCE TOM.
TO FORMULA ONE PROPERLY. WE GOT HIM INTO FOOTBALL.
ULTIMATELY, WE CONTAINER DO THAT ON FORMULA ONE EVENTUALLY. THANK YOU. WHAT DID YOU ASSUME, A BIT OF F1.
IN YOUR LIFE? TOM: KEN PRUITT WHO INSTRUCTED ME SO.
MUCH ATTEMPTED TO EDUCATE ME. JONATHAN:.
HE COULD NOT TRANSFORM ME. TOM: I HAVE A LOTS OF MESSAGES ABOUT.
TOTTENHAM, IT WAS ISRAEL. I SIMPLY VALUED IT OUT. KAILEY:.
I BELIEVE IT GETS ON THE TRIP NOW. JONATHAN:.
THE TRIP OR TAKE IT TO OBTAIN IN THE VIDEO GAME. TOM: MARY. I ASSUME YOU AS WELL AS I NEED TO DO STUDY ON THE– ON THE LAVON. WE DO NOT NEED TO SIT BESIDE EACH OTHER, $10,796. JONATHAN:.
RETURN, ORGANIZATION CLASS.IT APPEARS LIKE A
LOT TO GO FOR A. FRIENDLY.
WE OUGHT TO BE THERE FOR THE.
BEGINNING OF THE PERIOD IN NORTH LONDON, THAT IS WHAT WE SHOULD.
DO. GO AND ALSO VIEW THEIR FIRST GAME. TOM: ISN'' T NEAR TEL AVIV, I CAN NOT.
— I DO NOT KNOW. JONATHAN: I CAN BELIEVE YOU ARE BOTHERING.
THE TRAVELING TEAM WITH JOURNEYS THAT WE WILL NOT TAKE. TOM:.
MARY AND ALSO I ARE BUDS. JONATHAN: THE MARKETPLACE IS OK? THE PLEASANT EQUITY MARKET DOWN.1%. TOM: JON, THE NEXT 22.95. EVERY PERSON IS PHRASE THAT THE.
WORLD IS COMING TO AN END IN EQUITIES.MICHAEL READ IT, IT
IS RIGHT,.
AND ALSO I CONCUR. JONATHAN: WHAT DO YOU KNOW– WHAT DO.
CONSTRUCT FROM THE BOND MARKET ACTION. TOM: HONESTLY I AM LOOKING AT.
GERMANY. JONATHAN: YOU BEGAN LOOKING AT 5:00.
A.M. THE INFORMATION WAS NOT FANTASTIC AND ALSO I AM.
CHECKING OUT THE U.S. PMI'' S AT 9:45. TOM:.
WAIT A MIN. HOW LOTS PMI'' S EXIST? JONATHAN: WHICH ONES? THE S&P GLOBAL, THE ISM SURVEY.
TOO, THERE ARE DIFFERENT ONES IN DIFFERENT AREAS. DOES THAT HELP? TOM: IT IS HELPFUL.KAYLEE, ASSISTANCE ME.
KAILEY: I HAVE NO CONCEPT WHAT YOU WANT ME.
TO SAY. JONATHAN: I AM TOLD THAT IT REMAINS IN.
NORTHERN ISRAEL. IF YOU KNEW THAT WHY DID YOU.
ASK. YOU ARE ESTABLISHING ME UP TODAY. SIMPLY LET ME BE. FUTURES ARE DOWN BY 0.06% ON.
THE S&P AND ON THE NASDAQ 100 WE ARE DOWN.2% OFF OF THE BACK.
OF THE INFORMATION IN EUROPE WHICH WAS DREADFUL.SUB 50.
THE EURO IS WEAKER. I CLAIMED SIMPLY ALLOW ME TO BE. TOM:.
BELOW IS WHAT IS IT ABOUT, YOUR BASE. JONATHAN:.
YOU ARE SO EXCITED TO TALK ALL THE TIME, IT IS LIKE ANCHORING.
WITH A YOUNGSTER, I JUST INTENDED TO SPEAK. EURO-DOLLAR, TAKE A WEBSITE.
— TAKE United States OUT. WHERE IS THE DOW? JONATHAN:.
LIVE FROM NEW YORK CITY CITY, GREETINGS, A GREAT DEAL OF INDIVIDUALS ASKING.
WHEN ABRAMOWITZ IS BACK. KAILEY: I AM CLEARLY NOT DOING AN.
AMPLE WORK. JONATHAN: YOU ARE LEAVING US RELEASED. WE ARE DOWN.3% ON THE NASDAQ.
100. RETURNS BEING AVAILABLE IN BY 7 OR.
8 BREAK– BASIS FACTORS. THE LUCK LOWER IN GERMANY. BLOND– BUNDS RALLYING DIFFICULT,.
ON An ONE DECADE DOWN 17. I HAVE SAID IT, THE DATA IN.
EUROPE IS DEBORAH– IS DREADFUL. TOM:.
WE WILL CERTAINLY MAKE– WE ARE MAKING JOKES CONCERNING IT BUT IT IS NOT.
CASH FOR INDIVIDUALS OF THE REGION OF EUROPE AS WELL AS I BRING.
IT RIGHT OVER TO THE UNITED KINGDOM AS WELL AS I THINK IT ROUNDS.
ON THERE. I WILL BE VIEWING HIS MONEY.
MARKETS AS A LITMUS PAPER AND I AM SORRY THEY HAVE NOT BROKEN.
DOWN BUT YOU HAVE TO ENJOY EURO-DOLLAR.
JONATHAN:.
THE EURO CANISTER NOT EVEN GET A BED BECAUSE I DO NOT UNDERSTAND THE.
REACTION FEATURE OF THE ECB AND ALSO I DO NOT UNDERSTAND WHAT.
TPI IS AS WELL AS I HAVE NO SUGGESTION WHAT OCCURS WITH GAS SUPPLY. THAT IS WHY INDIVIDUALS THINK THAT THE EURO IS STILL UNVIABLE. TOM:.
ABSOLUTELY. BEGIN NOW OUR COVERAGE.
INTO A JULY 27 FEDERAL GET MEETING WHICH IN TURN WITH.
THE LAST ONE AND COULD BE IN SEQUENCE WITH THE NEXT ONE IS.
HISTORIC. A STUDENT OF THIS, A HISTORY OF.
THE NATION'' S BUSINESS ECONOMICS IS A PREVIOUS RICHMOND FEDERAL GET.
HEAD OF STATE, JEFFREY AS WELL AS WE ARE THRILLED THAT HE CAN JOIN US.
THIS MORNING. I INTEND TO RETURN TO AMONG MY.
HEROES, A GENTLEMAN FROM WASHINGTON COLLEGE OF ST. LOUIS, DOUGLAS NORTH, THAT ORDERED WORDS UNCERTAINTY AND.
ALSO DID A CAREFUL RESEARCH OF THE DYNAMICS, THE MOVABLE COMPONENTS OF.
OUR ECONOMIC SITUATION. EVERY ONE OF OUR LISTENERS, ALL OF.
OUR VIEWERS ARE DROWNING IN THE CHARACTERISTICS OF OUR ECONOMIC WORLD,.
HOW DO WE OBTAIN CONTROL OF IT? JEFFREY:.
IT RELATES TO GETTING INJURED– GETTING RISING COST OF LIVING.
DOWN. IT IS THE– IT IS THE INSTITUTION WITH An ONE-OF-A-KIND.
CONTROL OF THE FINANCIAL PROBLEM OF THE UNITED STATES.
ALONG WITH FINANCIAL AUTHORITIES THEY DRIVE.
RISING COST OF LIVING AND ALSO THE FED HAS TO DO ITS TASK NOW. AS WELL AS DO WHAT IT TAKES TO OBTAIN RISING COST OF LIVING DOWN. I ASSUME CHAIRMAN POWELL HAS BEEN RIGHT IN RECENT MONTHS,.
CONSIDERING THAT MARCH, TO EMPHASIZE THE MAXIMUM WORK IS GOING TO.
RUN OUT REACH UNTIL WE OBTAIN INFLATION DOWN, AND WE NEED TO.
PUT PROBLEMS ABOUT THE LABOR MARKET ON WHETHER IT IS DOING A.
LITTLE LITTLE BIT SIDEWAYS AS WELL AS FOCUS ON GETTING INFLATION.
DOWN, THAT WILL CERTAINLY TAKE MINIMIZING AS WELL AS SPENDING DEVELOPMENT AND ALSO.
LOWERING NOMINAL SPEND AS WELL AS THE LABOR MARKET WILL PLAY OUT AS.
WELL.TOM: YOUR
SHOP ORDERED ECONOMIC.
BACKGROUND WITH ONE OF MY HEROES, I HAVE READ EACH AND EVERY SINGLE WEB PAGE.
THAT HE HAS WRITTEN. NOW HE MUST BE WRITING.
ABOUT COMPARING VOLCKER TO POWELL AND ALSO THE OTHER WAY AROUND. HE IS NOT COMPONENT– PAUL VOLKER, RIGHT? JEFFREY:.
HE WAS A WONDERFUL CENTRAL BANKER IN AN AGE OF MONETARY AURA,.
AS WELL AS AGE IN WHICH CENTRAL BANKS ELABORATELY CULTIVATED.
OBSCURITY AS WELL AS A RANGE FROM THE PUBLIC, THEY DID NOT WANT.
TO BE IN THE HEADLINES, THEY DESIRED TO PICK WHEN THEY.
WOULD REMAIN IN THE HEADINGS, WE REMAIN IN A DIFFERENT DAY AND AGE. OBTAINING RISING COST OF LIVING DOWN DISCLOSES THE VALUE OF MANAGING.
EXPECTATIONS AS WELL AS THE VALUE TO THAT OF BEING CLEAR AS WELL AS.
CONNECTING CONCERNING WHAT THEY HAVE TO DO WITH AS WELL AS WANTING TO PERFORM. JAY POWELL STRIKES ME AS BETTER.
SUITED FOR THE AGE OF TRANSPARENCY AND ALSO IN TERMS OF.
INDIVIDUAL TEMPERAMENT. SOMETHING THAT PAUL VOLKER HAD.
WAS THE SUPPORT OF THE POLITICAL ESTABLISHM.
ENT IN WASHINGTON AND ALSO NEW YORK.THEY WERE ABLE TO TAKE THE DISCOMFORT. AND GROW AN RECOGNITION OF THE PAIN REQUIRED TO HOLD UP AGAINST.
IN ORDER TO GET INFLATION DOWN. I BELIEVE JAY POWELL SEEMS TO.
HAVE BOUNTIFUL POLITICAL LINKS, AND ALSO PLENTIFUL SKILL.
IN HANDLING THE FED'' S POLITICAL CONNECTIONS. SO HE APPEARS PRETTY WELL-SUITED ON THOSE GROUNDS. JONATHAN: THIS IS A DELICATE TOPIC SO.
YOU TOUCHED ON THIS, HOW POLITICAL BUSINESS FED RIGHT.
NOW? JEFFREY: SO, I ASSUME THEY UNDERSTAND.
THAT THERE IS ABSOLUTELY NOTHING THAT COULD DAMAGES THEIR INTEGRITY.
GREATER THAN CONTINUAL INFLATION.THEY CANISTER TAKE ALL
THE HITS THAT. THEY WANT ON JOBLESSNESS, LABOR, AND CLIMATE ALTER AND ALSO. WHAT HAVE YOU, BUT WORK
NUMBER ONE IS RISING COST OF LIVING. IF YOU DO NOT GET THAT DOWN THEY REALIZE THAT THEY ARE. POLITICAL SALUTE, IN SOME SENSE. I THINK THAT HOLDS TRUE OF ANY FED. REGARDLESS OF WHAT THEY SAY.JONATHAN:
ARE YOU PERSUADED THAT THEY ARE PREPARED TO ENDURE An ECONOMIC CRISIS
TO GET RISING COST OF LIVING DOWN? JEFFREY: I DO, AND THEY SHOULD.JONATHAN: WHAT TYPE OF
REFERENCE IT
— RECESSION? DUE TO THE FACT THAT An AGREEMENT NOW IS SHORT AND ALSO SHALLOW. JEFFREY: I AM TEMPTED TO SAY A MARRIOTT DRUG ADDICT RECESSION, WHATEVER IT– A MARIO DRUGGIE– DRAGHI ECONOMIC CRISIS, WHATEVER IT TAKES. THE CHOICE IS TO LET INFLATION RESOLVE BY 45 %WHICH IS ANOTHER– WHICH IS A RECIPE FOR ECONOMIC DOWNTURN IN THE FUTURE AND ALSO LONG TERM DISCOMFORT IN
MAKING THE MISERY LONGER AND ALSO EXTENDING WHICH IS BAD FOR THE AMERICAN PUBLIC AND I BELIEVE THEY REALIZE THAT.
WHAT THEY OUGHT TO DO IS STICK WITH IT TILL THEY GET INFLATION DOWN TO UNDER 3%.
AND ALSO TO GO FROM THERE. KAILEY: SO WHATEVER IT TAKES, WHAT WILL IT TAKE? WHAT RADON FED FUNDS OR UNEMPLOYMENT? JEFFREY: EXCELLENT QUESTION, I ASSUME THE HISTORIC DOCUMENT IS CLEAR THAT THEY REQUIREMENT TO GET
THE REAL FEDERAL FUNDS PRICE AT OR ABOVE ABSOLUTELY NO. SO THAT BEGS THE CONCERN WHAT IS THE ACTUAL FED FUND RATE
MINUS NEAR-TERM INFLATION ARE THEY INVESTING IN AT OR CONCERNING 6 BOYS AND ALSO.– 6 FACTOR 6%. YOU HAVE THE NEW YORK FED CONSUMER STUDY WHICH IS GOOD, A GOOD METHOD AT 6.8, A DISTINCTION OF 6%. IF EXPECTATIONS REMAIN AT 6% THEY WILL HAVE TO GET THERE. IT IS THOSE– IF THOSE ASSUMPTIONS BEGINNING FALLING WHAT WE HAVE IS An ONE NIGHT STAND IN BETWEEN THE FED FUND RATE AND ALSO INSPECTED– EXPECTED INFLATION.I DOUBT THAT ASSUMPTIONS ARE GOING TO LOSS TO 3.5 OR FOUR BY YEAR END,
SO I SUSPECT THAT THEY WILL HAVE TO GO MORE THAN THAT.
KAILEY: HOW QUICKLY WHAT THEY REQUIRED TO ARRIVE, 6% IS A LONG WAY. JEFFREY: I DO NOT THINK SLOWING DOWN DOWN THE PROCESS DOES HIM A GREAT DEAL OF GOOD.
NO ISSUE WHAT, WHETHER THEY GO 50 ' S OR 75 ' S, THEY ARE STILL GOING TO BE IN A SCENARIO WHERE INFLATION IS OUT INTO NEXT YEAR, AS WELL AS YOU WILL HAVE TO MAKE A JUDGMENT ON WHEN TO QUIT WITHOUT TELLING THEY HAVE DONE SUFFICIENT OR OTHERWISE BASED ON OTHER SIGNS AS WELL AS COMPUTATIONS LIKE THE ONE THAT I POINTED OUT, SO THEY MIGHT ALSO GET IT DONE, THEY MAY TOO ARRIVE
FAST.TOM: DO YOU LOOK AT THE COURSE BACK FROM THIS INFLATION TO WHATEVER IS NORMAL 2 TO 3%, LET US NOT ENTER THAT NOW,
AS HAVING A SNOOT– LEVEL OF SMOOTHNESS OR GUIDE PATH, OR IS IT KINKED WHERE WE REACH A POINT AND WE QUIT
WE TRY TO FIGURE OUT HOW TO LOWER INFLATION NEXT AND ETC.? JEFFREY:
YOU KNOW, IF THE FED TIGHTENS UP ENOUGH, I ASSUME WE WILL CERTAINLY SIMPLY SEE A GRADUAL DECREASE DOWN. I THINK IT WILL DROOP OVER A PAIR OF YEARS. I EXPECTED TO BE REASONABLY SMOOTH AND I DO NOT HAVE ANY REASON TO EXPECT JOLTS, I ANTICIPATE SHOCK LIKE OIL PRICE ISSUES. JONATHAN: HOW DO YOU ASSUME THEY WOULD SUPPORT– THEY WOULD RESPOND TO THE NED– UNFAVORABLE SUPPLY SHOCK ON THE GAS SIDE OF THINGS.I DO NOT KNOW IF YOU FOLLOW THE NEWS CONFERENCE, BUT THEY FAILED TO ESTABLISH WHAT THEIR REACTION FEATURE IS AS WELL AS HOW IT WOULD REACT TO A DOWNSIDE SUPPLY SHOCK THAT PRESSES GAS COSTS GREATER
AND ALSO DEVELOPMENT LOWER. JEFFREY: THIS IS A MURKY LOCATION BECAUSE OIL COST SHOCKS TEND TO CAUSE JOBLESSNESS INDIVIDUALS THINK THAT IS A REASON TO EASE POLICY. BUT IF YOU THINK OF IT GENERALLY THE RESERVE BANK IS CONTROLLING THE REAL INTEREST PRICE, WHICH IS THE MOTIVATION TO CONSERVE AND DELAY INTAKES AND ALSO INVESTING FOR LATER. AND ALSO IF YOU OBTAIN A SUPPLY SHOCK, YOU WANT PEOPLE TO EAT LATER. WHAT YOU INTENDED TO DO IS INCREASE PRICES, A MINIMUM OF ONE DISAGREEMENT SAYS. THERE IS An INSTANCE THAT IT DOES NOT MEAN NOT REMAINING THE TRAINING COURSES OF INFLATION. JONATHAN: INTERESTING,
GREAT TO CAPTURE UP.THE PREVIOUS RICHMOND FED PRESIDENT.
LOOKING AHEAD TO THE FED, THIS FED MIGHT HAVE TO ENDURE WHAT HE CALLS A DRAGHI OR WHATEVER IT TAKES INFLATION. TOM: THEY ARE DOING IT IN THE 22 AS WELL AS INTO THE PROJECT OF NOVEMBER 2024.
UNLIKE THE SANITY OF THE UNITED KINGDOM, I
WOULD SUGGEST THAT THAT PROJECT STARTS THE FIRST WEDNESDAY OF NOVEMBER THIS YEAR. JONATHAN: YOU HAVE AN INTERESTING ONE, YOU THINK THE FED WILL CERTAINLY BE DETERRED AS A RESULT OF THE MIDTERMS? TOM: I THINK THE FED WILL CERTAINLY BE A. POLITICAL FED AS IT ALWAYS IS AND ALSO THEY INFORM United States THAT THEY ARE.
NOT.JONATHAN: DESPITE HAVING RISING COST OF LIVING WHERE IT IS. DO YOU WANT TO ANNOY ME ON THE NIGHT, I HAVE MET, KATE MORE. TOM: I HAVE THE CEO OF BOSTON. JONATHAN:. HAVE YOU REALLY OBTAINED THAT? I WOULD SONG IN FOR THAT.
TOM:. LAST TIME HE TURNED UP WITH An INSTANCE OF SAM ADAMS.
JONATHAN:. THAT IS A DIFFICULT SELTZER. TOM: I WOULD NEVER HAVE ONE I JUST. CONSIDER THEM AS WELL AS THINK I DO NOT WANT IT.JONATHAN:. IT JUST REMAINED THERE. KAILEY: I WILL GET IT AFTER HAND. TOM:.
WHAT IS YOUR FAVORITE HARD SELTZER. KAILEY:. WHITE CLAW,
LACK CHERRY TASTE. JONATHAN:. AND IT SIMPLY TASTE LIKE FIZZY WATER WITH A HINT OF
BLACK.
CHERRY. FOR THE WEEKEND BREAK IN BROOKLYN, IF. YOU ARE INTERESTED. KAILEY: ON MY TARGET PATIO AREA FURNITURE. JONATHAN: A GREAT DEAL OF BUSINESS ECONOMICS GOING ON TO. IT. TOM: WE ARE DEEP INTO STUDY. JONATHAN: I AM PERSUADED THAT YOU ALREADY. HAVE HARD STORAGE TANK IN THE MORNING.TOM: IT IS HOMEMADE. JONATHAN:. IS IT, FUTURE IS DOWN.5 %.
TOM:. TELL ANNE-MARIE I DO NOT LIKE THE MANGO. SHE BROUGHT BACK JEDDAH SOME.
MANGO. JONATHAN: YOU CONTAINER LISTEN TO HER TALE–. TO A STORIES ON HARD TANG. OR YOU CAN LISTEN FOR EVEN MORE. BLOOMBERG AT 9:00 EASTERN. TOM: WE ARE GETTING COMPETITIVE.
JONATHAN: YOU TIN TUNE RIGHT INTO ACTUAL YIELD, A. SPECIAL SOMEBODY– SUMMER VERSION WITH TOM ANCHORING.
I THOUGHT YOU WOULD BE ECSTATIC ABOUT THAT. TOM:. LOOKING ONWARD. I AM AT A LOSS FOR WORDS. JONATHAN: FROM NEW YORK THIS IS BLOOMBERG. ♪ > > RETAINING YOU CURRENT. WITH INFORMATION AROUND THE WORLD. JEROME POWELL PROBABLY WILL CERTAINLY NOT. PROCEED THE PACE OF RATES OF INTEREST HIKES AFTER A STRAIGHT 75. BASIS POINT INCREASE AS STATED BY ECONOMISTS SURVEYED, THEY. ANTICIPATE POLICYMAKERS TO ELEVATE ITS FEES HAVE A POINT IN. SEPTEMBER AND ALSO AFTER THAT SHIFT TO A QUARTER-POINT WALK THE LAST 2. MEETINGS OF THE YEAR.THE JANUARY 6 COMMITTEE, THE.
FORMER PRESIDENT IGNORED PLEASED TO CALL OUT– TO CLOCK.
— TO PHONE CALL BACK THE CROWD STORMING THE CAPITOL. PARTICIPANTS CAST THE ACTION
AS A DESPERATE FINAL TACTIC
IN HIS. BATTLE TO HOLD ONTO THE PRESIDENCY. THE WHITE HOUSE IS CERTAIN THAT HEAD OF STATE BIDEN WILL CERTAINLY
PREVENT. THE MOST AWFUL OF THE CORONAVIRUS THINGS TO VACCINES IN A. THERAPEUTIC DRUG. THE HEAD OF STATE IS EXPERIENCING. LIGHT SYMPTOMS AS WELL AS HAS BEEN ABLE TO TAKE PAXLOVID. HE WILL CERTAINLY SEPARATE AT THE WHITE HOME.
IN NEW YORK CITY STATE THE. REPUBLICAN POLITICIAN PROSPECT FOR GOVERNOR WAS ASSAULTED AT A. PROJECT EVENT. A MALE WITH An AIMED WEAPON. TRIED TO DRAG THE CONGRESSMAN TO THE GROUND BEFORE BEING. SUBDUED. NO PERSON WAS HURT. THE ATTACK TOOK AREA OUTSIDE. THE CITY OF ROCHESTER. VERIZON CUT ITS 4 YEAR.
PROFIT AS WELL AS REVENUE PROJECTION. IT IS TRYING TO KEEP UP WITH. COMPETITORS WHO HAVE MADE GAINS VIA HEAVY PHONE DISCOUNTS.
AT&T ALARMED MARKET WITH A CAUTION THAT SOME PEOPLE ARE.
BATTLING TO PAY THEIR PHONE EXPENSE. GLOBAL NEWS, 1 DAY
A DAY, ON AIR AS WELL AS ON BLOOMBERG QUICKTAKE,.
POWERED BY MORE THAN 2700 JOURNALISTS AS WELL AS ANALYSTS IN. MORE THAN 120 COUNTRIES.THIS IS BLOOMBERG. ♪ > > INDIVIDUALS ARE STARTING TO BUY.
MUCH LESS PRODUCTS BUT THEY ARE PAYING EVEN MORE MONEY WHICH WILL EVALUATE ON. SUPPLY MODIFICATIONS WHICH WILL CERTAINLY LAY ON GDP WHICH IS NOT. GREAT FOR PROFIT MARGINS AS WELL AS PROFITS, AS WELL AS POINTS ARE.
REDUCING MORE MATERIALLY THAN WHAT MANY IN THE MARKETPLACE. ARE BELIEVING. TOM: YOUR FIRST FIXED INCOME SHORT. OF THE WEEKEND BREAK, JAMES CARON AS WELL AS I URGE YOU TO SEE THAT IN ITS.
TOTALITY. WE REFRAME INTO A FED CONFERENCE. JULY 27.
HALEY EXISTS– CALEIGH LINES. WITH ME. SHE DID A WONDERFUL TIME–.
KAILEY LIENZ AND ALSO SHE IS HALFWAY BACK FROM KATHMANDU AS WELL AS I DO
. NOT KNOW WHAT HER COURSE IS OR WHATEVER. WHY AM– RIGHT NOW I LINE UP
GUIDE “THE FORCEFUL MONEY–.
MENSTRUATION OF MONEY” AS ONE OF OUR THE MAJORITY OF COURAGEOUS. BOOKS.THERE IS STEVE ENGEL OUT OF.
HONG KONG REPORTING A FEW OF THE OBSTACLES OF THE PACIFIC RIM.
AS WELL AS THE SAFETY AND SECURITIES EVALUATION IS RICHARD GREENFIELD THAT WAS. TARRED AS WELL AS FEATHERY YEARS AGO WITH A SMALL UPSTART CALLED. CHAINS AS WELL AS IT WAS NOT AMUSING AT THE TIME AND WE CAN RECALL.
AND ALSO WE ARE THRILLED THAT OF THE LEADERS AS WELL AS MEDIA JOINS US. TODAY. ON THE CHALLENGE OF MR. MOSK. AS WELL AS CHANCERY COURT. DO THE INCOMES TODAY MATTER? RICHARD: I SUGGEST THEY MATTER FROM THE. POINT OFVIEW OF IT IS YET ANOTHER PERSON SIGNAL THAT THE MARKETPLACE IS. SLOWING DOWN. YOU SAW THAT FROM SNAPCHAT AS WELL AS. YOU HAVE SEEN IT FROM TWITTER. THERE IS A BUILDING COLLECTIONS OF. INDICATIONS THAT THE ECONOMIC SITUATION IS
SLOWING AS WELL AS MARKETING IS. SLOWING WHETHER THAT IS INFLATION DRIVEN OR OVERALL. WIDE FINANCIAL WEAK POINT. THERE ARE EXTREMELY PARTICULAR TWITTER. CHALLENGES, BUT OVERALL MACROENVIRONMENT WAS CLEARLY.
GOOGLE OR FACEBOOK NEXT WEEK.THESE ARE ADVERSE DATA FACTORS,. BOTH OF THEM FOR INVESTORS NOW. TOM:. I NEED TO DESTROY THE MANUSCRIPT AND ALSO JUMP OVER TO NEXT WEEK. ARE WE GOING TO SEE THE BIG YOUNG BOYS CONSISTING OF THE AMAZON.COM. ADVERTISING MODEL DIMINISHED TOO? RICHARD: GOOGLE HAS BEEN TALKING ABOUT. YOUTUBE BEARING SOME STRESS AND ALSO THERE IS NO QUESTION THAT THE. CONNECTED TELEVISION ADVERTISEMENT MARKET IS
SLOWING. YOU WILL CERTAINLY LISTEN TO THAT WHETHER IT
IS FROM FOX OR PARAMOUNT.
I THINK ALL OVER YOU LOOK CONNECTED TV IS SLOWING, AND. THE TELEVISION MARKET AND CITIZEN TV IS STARTING TO SLOW. THE ECONOMY IS WEAKENING FROM THE VIEWPOINTS OF ADVERTISING AND MARKETING. FIRMS ARE SEEING TOPLINE DEVELOPMENT SLOW, WHAT DO THEY DO? REDUCE ON An ADVERTISING SPEND.THIS IS NOT NEW, YOU AND I. EVALUATED MULTIPLE CYCLES AND THIS IS WHAT BUSINESS DO. THEY CUT THEIR ADVERTISING AND MARKETING SPEND, THERE IS NOTHING SHOCKING ABOUT. IT. THE INQUIRY IS HOW MUCH TIME WILL. IT LAST AND HOW BAD IT WILL BE IN THIS IS A DEEP, DARK. ECONOMIC CRISIS WHERE AD SPEND OBTAINS SQUASHED, OR A SHORTER-TERM. SENSATION AND ALSO WE RECUPERATE IN 23? THAT IS THE BIG QUESTION WE DO NOT KNOW BUT YOU WILL SEE.
META -, ICE– META
, I KEEP CLAIMING FACEBOOK, BUT WE WILL. SEE THEM TALKING ABOUT A SLOWDOWN IN ADVERTISEMENT REVENUE, I DO.
NOT THINK IT IS AS BAD AS SNAPCHAT, BUT I DO NOT THINK IT. WILL BE A WONDERFUL OVERVIEW FOR THEM. KAILEY:. TO BRING IT BACK TO TWITTER THEY DISCUSSED
THOSE. ADVERTISING AND MARKETING HEADWINDS BUT STATED THAT PART OF IT IS MIRRORED TO. UNCERTAINTY PERTAINING TO THE PURCHASE. WHAT IS YOUR BASECASE CONCERNING WHAT THE VERDICT WILL CERTAINLY REMAIN IN. THAT DELAWARE COURTS, WILL HE BE FORCED TO BUY THE FIRM? RICHARD: WE REALLY DO BELIEVE HE WILL CERTAINLY BE. FORCED TO PURCHASE THE COMPANY.HE SIGNED THIS ARRANGEMENT WHEN. THE INSTANCE IN DELAWARE, WHICH
WILL BE LITIGATED ON AN. EXPEDITED BASIS, HE LOST TO THE PUSH THIS OUT.
THE COURT IS GOING TO TAKE A LOOK AT THIS AND GO THE WHOLE ELON. MUSK INSTANCE RELAXES ON THIS CONCERN OF BOTS AND ALSO DID. TWITTER DISCLOSE THE PROPER AMOUNT OF BOTS BUT WHEN THE. PROBLEM IS WHEN YOU CHECK OUT THE MERGING CONTRACT IT NEVER SPEAKS.
ABOUT IT. THERE IS NO CONVERSATION AND ALSO
IT. RELIES ON TWITTER ' S PUBLIC DECLARING AS WELL AS WHEN YOU CHECK OUT.
TWITTER ' S PUBLIC FILING IT SAYS THIS IS HOW WE COUNTB OTS–. COUNT BOTS OR REAL USERS BUT WE COULD BE MISDOING. WHEN YOU REVIEW THE DOCUMENT IT IS EXTREMELY TOUGH
TO SEE HOW ELON. SIMPLY SEEMS LIKE HE HAS BUYERS REMORSE WHETHER IT
IS A. MARKETING PROFESSIONAL SETTING I HAVE NO IDEA.KAILEY:.
TO THAT FACTOR WHAT HAPPENS TO THE COMPANY IF A BUSINESS THAT IS. REQUIRED'TO BUY IT DOES NOT INTEND TO? RICHARD:.
IT HAS ACTUALLY'TAKEN PLACE PRIOR TO. THE DETAILS PERFORMANCE WHICH.
IS BEING REQUIRED TO CLOSE A DEAL THERE IS CRITERION. FOR BEING FORCED TO BUY A BUSINESS, THAT IS HIS ISSUE,.
NOT TWITTER ' S. TOM: REALLY QUICKLY AND I DESIRED YOU. TO TAKE A BROADER FIELD OF VISION.
EXISTS EARNINGS IN STREAMING? IS IT A DURABLE ORGANIZATION? OR DID THEY COMPETE IT ALL AWAY. SPENDING$ 200 MILLION ON “THE GRAY MAN.” RICHARD:. THAT IS AN EXCEPTIONAL
CONCERN AS WELL AS THE WAY TO SOLUTION IT IS. THAT RIGHT NOW YOU ARE SEEING ONE FIRM MAKE A GREAT DEAL OF. MONEY, WHICH IS NETFLIX.
NETFLIX IS GETTING 6000 OR. SEVEN– 6 OR 7000 BILLION DOLLARS AND ALSO IT WILL MAKE MORE. FREE MONEY CIRCULATION NEXT YEAR. EVERYBODY ELSE WHETHER WE ARE. TALKING ABOUT DISNEY, OR PEACOCK IS SHEDDING $2.5 BILLION. A YEAR, CRITICAL PLOWS– PLUS SHED A BILLION AND A FIFTY PERCENT,.
EVERYBODY IS DROWNING IN RED TAPE. THIS IS A GREAT VOID OF.
STREAMING DUE TO THE FACT THAT THERE ARE ALSO SEVERAL FIRMS COMPETING AND
. THEY DO NOT CREATE A CONSIDERABLE AMOUNT OF TIME.
NETFLIX IS 30% OF ALTS TIME– OF ALL TIME SPENT STREAMING.
YOUTUBE IS 20%. EVERYONE ELSE TINY, AS WELL AS THAT.
IS THE TROUBLE, THEY ARE COSTS BILLIONS UPON BILLIONS.
OF DOLLARS AS WELL AS THEY ARE NOT OBTAINING SIGNIFICANT VIEWERSHIP.
WHICH IS THE ISSUE. TOM: I HAVE 10 EVEN MORE INQUIRIES AND ALSO NO. TIME, THANKS FOR SIGNING UP WITH US. WE PROTECT THE COPYRIGHT OF OUR. ANALYSTS AS WELL AS OUR VISITORS.
OBTAIN IT FROM LSIG– LIGHTSHED.
I DESIRE TO CHECK OUT CRYPTO TUESDAY TOO. THERE IS A BACK-AND-FORTH
, WHO HAS THE UPPER HAND? CRYPTO DEVELOPING AS A COMPANY OR
PEOPLE PUSHING AGAINST A? KAILEY: IT FEELS LIKE A GREAT DEAL OF THE. TAKE ADVANTAGE OF OBTAINED WASHED OUT AND WE SAW A BURSTING OUT OF THE.
TRADING ARRAY IT HAS BEEN IN.WE ARE COMFORTABLY ABOVE. $ 23,000 WHICH IS SOMETHING WE WILL EXPLORE. THIS IS NOT WHAT WE ARE EXPECTING BECAUSE I ALWAYS PUSH. CRYPTO, BUT THE BOND MARKET IS WHAT HAS MY ATTENTION. WE ARE 20 BASIS POINTS ON THE GERMAN GOLDEN-HAIRED BARGAIN
. 10 BASIN POINTS AND IT IS A WEAKER EURO.
TOM: 2.81 %SHOWING ISSUES ABOUT. ECONOMICS AND ALSO I THINK JON FERRO, DUE TO THE FACT THAT I HAVE NOT. LOOKED WHILE FERRO IS ALL OVER IT. 9:45 WE WILL CERTAINLY OBTAIN THE S&P GLOBAL PMI FIGURES WHICH WILL MAKE A. GREAT DEAL OF SENSE.ANOTHER POINT WE HAVE TO APPEARANCE. AT, FORGIVE ME, IS WEST TEXAS INTERMEDIATE COMING UP AND ALSO AFTER THAT.
DOWN,$ 95 A BARREL, CONCERNING$ 120. KAILEY:. IT IS– IT IS MUCH FROM IT.
WE ARE SEEING An AIR CONDITIONING IN. WHEAT AND CORN. THE POWER AND FOOD COST. STRESS THAT PEOPLE HAVE BEEN REALLY FEELING, THERE ARE INDICATORS THAT&. IT WILL COME DOWN AND ALSO I ASK YOURSELF WHAT THAT PRODUCES CENTRAL. BANKS REPLYING TO HEADING RISING COST OF LIVING. THANKS, I INVESTED A WEEK WITH YOU, I FOUND OUT SOMETHING. TOM:. FARM WOMAN FROM FARGO WOULD HAVE NAILED IT. AMONG THE STORIES TODAY PLUNGING. NEXT WEEK, A RUMORED RETURN
, LISA ABRAMOWITZ WHERE SHE WILL. COHOST “FARM JOURNAL.”.
