Bonds rose in stock fell. President trump promising that this will show the call is totally appropriate and there was no pro, and Mitch Mcconnell is staying mom of how they will handle all of this. We have every angle of this cover for you. Jerry is on the floor with the big board and edward is in d. C. Where we begin our coverage tonight. The House Speaker nancy pelosi said the president s actions violated the constitution. That is why she starting the formal impeachment process. This is an impeachment inquiry, not the articles this is the investigation part. She made an announcement in a brief statement. This week, the president has admitted to asking the president of ukraine to take action which will benefit him politically. The action of the Trump Presidency revealed dishonorable facts of the president s betrayal of his oath of office, betrayal of her National Security and betrayal of the integrity of our election. Therefore, today, im announcing the house of representatives moving
The british Prime Minister Boris Johnson is Holding Strong on brexit. To delay he tweeted today quote new deal delay. Eal, but no earlier the Prime Minister had promised to send a letter brexit if he couldnt get a deal with the European Union by october 19th. And johnson are set to meet later this month at a theyt in brussels where hope to be able to sign off on an agreement. Deadly clashes continued in iraq today. Forces opened fire on hundreds of antigovernment demonstrators in central killing one protester. Shiite clerictop warned both sides to end the violence. The violence has killed more than 50 people and injured hundreds. Global news 24 hours a day on air and at tick talk on twitter, than 2,700more journalists and analysts in over countries. Im mark crumpton. This is bloomberg. Live from bloomberg World Headquarters in vonnie quinn. And live in toronto, im lang. Welcome to bloomberg markets. Were joined by our bloomberg audiences. The top stories were following from around the
Buy greenland. In majore are off 1. 5 indices. The s p quelling back to 2900. The 10 year yield off its lows at 1. 8 . We did get Consumer Confidence data from the university of michigan that was a little disappointing. The 2 10 spread widening, although it is still narrow. Nvidia the best performer in the h p former 500, vying wit ge. Provides trips to game makers. It is bouncing back after an incredible decline yesterday. Guy lets talk about the incredible week we have just had to pay a tumultuous is one way to describe it. Entare joined by ubs investm bank Global Markets strategist. We will correct that in a moment. The week we just had, what is your perspective . I think the bond market is not giving us a signal on u. S. Growth. The biggest question we have 2 10 inversion, is recession in the u. S. This is a global fear of liquidity trap, making a bigger comment on europe and china than it is of the u. S. The fact that the u. S. Is the highest nominal yields aaa asset is the reason
Longestks based their alternatives from beijings perspective. If they remove her, they are losing streak since the 1997 conceding to protesters. Hangover. Gun control is back on the u. S. And then there is a question of who they replaced her with. Ocean agenda after double it is helpful from beijings shootings leave at least 30 dead perspective to have carrie lam in texas and ohio. Absorbing all of the criticism, shery ahn a quick check of the markets closed. The pressure and in a way protecting a local crisis from it was a risk off week. Becoming a national crisis. Paul if we bring this forward seen such a big clock or rid to 24 7 which selloff in the weekly basis since december of last year. Marks the expiry of the one that was when the fed turned down this. Country, two systems deal, everything leading up to that, tech and Energy Declines on the s p 500. Why draw a line in the sand now . The nasdaq is down almost 3 . People understand 20 47 is not the real fight. The trade outlook i
Harder than he may think. Carol plus, our conversation with the hilton ceo, chris nassetta, on how the trade spats are affecting his company. Jason but we begin with Bloomberg Businessweek editor joel weber. Joel, lets start with the International Cover. Its a look about the bond market, debt, whats going on . Joel cheap money has been around for a decade now, and it is having a profound effect in the Global Economy. We look at the ecb this week and negative rates. Negative rates has been an untested policy tool that japan was using. And now its starting to spread. It was going to go away, and now its back almost, and its just a profound idea that a bondholder would invest in something that, if you hold that for duration, youre going to lose money. It just goes against the principles of, like, investing, right . This is investing 101. Carol who wouldve thought if you go back even a decade ago, that we would in this environment . Here we are. And it affects everything. Joel the idea of