It is 5 a. M. In london, midday in hong kong. Good morning. I manus cranny. And im Tracy Alloway. Welcome to Bloomberg Markets middle east. We have a couple things for you. Bonds, the rush in global stocks out at 1. 3 billion, wants also a billion dollars, this is the one week return of the s p 500, up nearly 4 . The one thing that it sounds like to me, 16 billion dollars of fresh cash went into equities, the biggest inflows in 14 months. It depends who your rate. Citigroup says get used to the trump rotation and their strategists have gone from overweight to underweight equities. Thebondholders tracy bondholders finally vindicated, right . If you believe in trumps America First policies, this is one way it is playing out in the market. If you look at the many futures versus theures equivalent contract in the s p 500, you can see the diverges. Emerging market futures cannot quite catch a bid. If you believe donald trump is going to put America First, this is how it plays out in markets
You have to understand, he played a very Important Role in this campaign and that should be respected. Mark kushner reportedly has had a major role on trumps Transition Team, leading a purge of allies of new jersey governor chris christie. Congressman tim ryan will challenge nancy pelosi for the house leadership position. Pelosi says she has the backing of two thirds of the caucus. Leadership elections are november 30. Hours a day34 powered by more than 2600 journalists and analysts in more than 120 countries. I am mark crumpton. This is bloomberg. Scarlet we are 30 minutes from the close of trading in the u. S. Live from bloomberg World Headquarters in new york, i am scarlet fu. Joe i am Joe Weisenthal t. Janett ponce sliding on yellens comments bonds sliding on Janet Yellens comments. Joe for the question is, what you miss . Whatd you miss . Scarlet janet yellen has signaled her intention to remain at the helm want until her term ends in january 2018. Contenders for Donald Trumps can
South americas wealthiest nation is now taking in immigrants at a similar pace to the u. K. Relative to their populations. Is allowing all priests to absolve the faithful of what they call the grave sin of abortion. He is extending indefinitely be special permission he granted during the just ended only year of nursing. Officials describe the announcement as an extension of the churchs mercy. Global news 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries. This is bloomberg and bloom berg. Where 30 minutes from the close of trading here in the u. S. Today,ocks on the rise while oil jumped on optimism that opec will reach top output. President elect donald trump is on the hunt for the next treasury secretary and his meeting suggests hes looking for a candidate with the wall street experience. We will take a closer look at the top contenders. All eyes on europe where the rising populist will italy or france the next shoe to drop . Top of mind as t
Producers to follow suit. In an exclusive interview with Bloomberg Television, the secretarygeneral said the deal will be brokered to satisfy everyones concerns. For the first time in the wetory of our collaboration, will have a joint agreement that is jointly binding. Both opec and nonopec will ensure the compliance to the agreement. Yesterday, opec agreed to curb production, pushing Prices Higher on speculation it will clear more quickly. In the Civil Aviation authority is definitely suspending permission to operate in the air space. This is after the deadly crash of one of its charter planes in columbia. The crash took more than 70 people, including members of a football team. A carrier was founded in venezuela in 2009 but operates in bolivia. News 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries. This is bloomberg. Scarlet i am scarlet fu. Joe weisenthal. U. S. Stocks falling from your alltime highs after equity caps advanced in four mont
Report by the Transportation Department Inspector General says the faa over a twoyear span more than 5500 exemptions, unmanned flight by businesses but it reportedly offered only limited training. An anglo merkel is making a liberal critics of her immigration policy. She says she will protect the country against future refugees and called for a ban on face fails one by muslim women. Spoke at a convention global news 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries. This is bloomberg. Scarlet live from bloomberg World Headquarters in new york, i am scarlet fu joe i am joe weisenthal. 30 minutes from trading in the u. S. Oil scarlet scarlet slipping from a 16 month high. Joe the question is what did you miss . Scarlet the trump rally might be good in the short term but in the long run, it could hurt profits. According to bill gross. More highlights from my conversation with him. We will look at the cash chaos in india and one of the prime minis