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Transcripts For BLOOMBERG Bloomberg Markets Balance Of Power 20240713

Meantime. Of course, now we are a little bit unchanged, fluctuating between gains and losses. David but the nasdaq is holding up. Thisr i think big tech, is there opportunity. Ive spent so much time in san francisco. There was so Much Negative sentiment about big tech, but big tech is increasingly trying to become health care companies. We see that increasingly with the apple, for example. I think this is techs opportunity, if they can partner with healthcare, if they can really start to help out the public, this could perhaps be there moment to really shine and come through. David the violence hasnt just been equities this week. It has also been in bonds. Taylor that has been very volatile. I was making a note earlier that you have to get the liquidity in order in order to see any sort of small rally that we might be trying to get to within the equity market. The fed is trying to help that out, but you have to start to get to a point where we are not selling whatever we can instead of

Transcripts For BLOOMBERG Bloomberg Markets Balance Of Power 20240713

Florida, as well as a handful of others. For senator Bernie Sanders, based upon my reporting, i can tell you two things. They are trying to develop some type of operation for a contested invention that has been in the works for several months, but two, to try to change the trajectory and dynamics of the race it what increasingly feels like a unified Democratic Party be fined behind joe biden. David many thanks to Kevin Cirilli reporting from washington. A lot of this market is about testing. Hhsust had alex a czar, the saying 75 thousand by the weekend. Now they say they will not get that out. Drew with an Infectious Disease like this, the key message we have in our arsenal is to try to stop this is to say identify people who are infected and stop them from spreading into other people i saying stay home or be in the hospital or whatever, depending on how sick they are. Ifyou cannot ask people you cannot test people, you cannot do that. We are seeing these afterthefact cases where someb

Transcripts For BLOOMBERG Bloomberg Markets Asia 20240713

74 basis points. Everything is down. I would imagine 90 of stocks are down. All 11 major indices are down in the region today in very high volumes. At this point, there is nowhere to hide, at least in the equity markets. Yvonne President Donald Trump announcing a suspension of all travel from europe to the u. S. For the next 30 days. The most farreaching measure yet in the administrations effort to combat the spread of the coronavirus. To keep new cases from entering our shores, we will be suspending all travel from europe to the u. S. For the next 30 days. The new rules will go into effect friday at midnight. David our Senior International editor, jodi schneider, is here with us. Thats a big deal. It is. There was a little bit of talk about it before hand, but not necessarily expected to stop all of the european travel for 30 days starting friday. It is something he can do without congressional approval. It is a major move. Also the way the president cast it. Clearly by having the spe

Transcripts For BLOOMBERG Bloomberg Markets European Close 20240713

Find out, but we are getting out. We want to get out. We had good meetings with the taliban. We are going to be leaving, and we are going to be bringing our soldiers back home. Weve been there for almost 20 years. Its a long time. Weve done a great job in terms of getting rid of terrorists. Now it is up to other countries to get rid of those terrorists. Meet. Going to we have discussions to go, but weve made a lot of progress, ok . Thank you all very much. [indiscernible] press, lets go. Move lets go, press. Vonnie more of those comments from President Trump just a few moments ago. We talked a little bit about the peace signing. Very few comments on this killer occasion. He is meeting on this particular occasion. He is meeting with pharmaceutical executives today. We will hear more as the day progresses. We are monitoring gains on the s p 500. 1. 7 , nowas much down to 1. 2 . The retailers and the Food Companies are doing well. Consumer electronics, everything you might imagine would d

Transcripts For BLOOMBERG Bloomberg Markets European Close 20240713

Hard not to because that is the alltime low on the 10 year treasury. It would have consequences. Reactionready seeing in stocks around the world potentially. This is all coming from the sentiments as we progress through the morning, and japan overnight and now in the united states. We started off the session in the positive and now we are lower by 1 apiece. Groups arethree lower now and you are looking at things like transportation, energy, the dollar Index Holding above 99. We backed off the highs there with gold futures, but that vix is still at 25 and likely will stay there. This is interesting. Guy lets take a look at what is happening here in europe. Lows. Just obsession just off session lows. The german tenyear now 52. Volatility continues to rise. We are watching this very carefully. Vonnie all of this began with the coronavirus and the number of cases in europe containing to continuing to rise. Italy with melody the latest. The number of cases continues to increase, but the spe

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