Coming up yields go for a ride. Seeing some ground to end the week. And thats because mixed with official saying the market is tightening rapidly. Inflation still running hot but how hot is too hot for the fed to push rates higher . We begin with the big issue, the market gets ahead of the set. The bond market is tightening financial conditions and that is doing the work for the fed. Europe was doing the feds job. We have been watching the rising bond yields the last few weeks and tighter financial conditions so we think that is doing some of the work for the fed. The fed is probably done raising Interest Rates because they realize the bond market has been recently doing all the heavy lifting. Dont worry, the fed will have to do less because the market will do more. It does not want to work that easily. Sonali we are coming off a week with drastic moves in the bond market. The 10year alone with sawing the last few days, 20 basis points for more. What does that mean for the direction of
Welcome, hello, i am serving you dear viewers of khabar network, please agree to the history of todays program, lets start with jalal himself, he said, go and lets take a look at the personality traits of the late jalal alahmed, and continue to deal with jalal alahmed, who was martyred in 1302 in the neighborhood. Tehran bazaar was born in a completely religious family, and their father was very religious and philanthropic. Their child spent his childhood with all the sorrows of a religious family. They should train themselves as successors and friends to study in the field of religious sciences, for now, after they finish their primary education, they enter the job market with what i have written about all of jalal hemmatis works , and according to them, they work in leather shops , they work in electricity, and the works written by these people caused a person to fall asleep and people were among the people since childhood, then what were they doing at the same time , they were writi
Flatten. The currency move of the day is what is happening with the turkish lira. A huge move today. We will discuss that later on in the show. Because theres a war going on between the president and the central bank. The last 24 hours hasnt brought much certainty and who will govern germany. Chancellor merkels largest partners expressed no interest in coming together and she said she would rather have new elections they go forward without a majority. Matt miller has been covering each development and we welcome him from berlin. Bring us up to speed. What is going on . Matt you summed it up quite well. The key is she doesnt want to go forward without a majority. The form still prefer a Majority Coalition with either the ftp and the greens or with the std her Current Coalition partner. That seems so unlikely, the ftp having to walk out of Coalition Talks. The stp saying it is no way interested in prefers to stay in opposition. Now the president whom you see here is going to try and forc
Last time i checked they are still doing so. I think what has caused people to stop and take note is the speed and the vehemence with which it has flattened recently. You still have lots of Central Bank Liquidity around the world, even if the u. S. Is pulling back. The bank of japan expanding their program. Ecb is very involved. You are not seeing Global Central Bank purchasing winding down. You can easily say that between 50 and 0 is the flashing sign. Things are starting to get a lot more challenging. Above 50, you can always kind of explain it away. If equities are doing well, credit spreads are doing well, the economy in general in the u. S. And globally is doing well, i think there will be some willingness to look past the flatness of the curve. Jonathan joining me in new york city to discuss is Bloomberg News and bloomberg radios Lisa Abramowicz. Coming to us from atlanta is rob waldner, chief strategist and head of multisector at investco fixed income. And joining us, alan higgi
Hour the major averages have been Holding Steady on light trading. It is a holiday shortened week the dow transport setting another record high. Oil moving big crude and brent crude. Apple shares taking a hit down more than 2 thats the biggest drag on the dow. Reports of iphone x sales are slowing. Mallinckrodt up. Intel down intel will lose the crown as the number one chip maker for the first time in 21 years to samsung. Amazon saying it had its biggest season ever. The echo dot the top selling product across the categories and many factors we begin with retail the day after christmas is one of the biggest for returns. Kate rodgers checking out all the deals in west nyack, new york reporter retailers definitely have something to cheer about. New data out from master card showing that retail sales from november 1 gs through Christmas Eve were up 5 that is the fastest pace since 2011 ecommerce grew by around 18 overall the National Retail Federation Said sales are set to be around 682 b