Exchange, where we bring you todays market moving news from around the world. Our bloomberg voices are on the ground with this mornings top stories. We begin with a ron striking back with iran striking back after the u. S. Air strike that killed top iranian general Qasem Soleimani last week. For more, simon foxman joins us from doha. What is the latest on the retaliatory attacks on the part of iran . Big question has been whether or not there are any casualties caused by this attack. We just saw, as i was sitting down, it appears u. S. Officials are saying no casualties. That they were informed of this before it happened. If there were casualties, it would have caused a much stronger u. S. Response, the thinking goes. If not, perhaps we could see ourselves moving towards some type of negotiation, some sort of diplomatic resolution. The ayatollah, and he the Ayatollah Khomeini saying this is a slap in the face to the United States. The foreign minister, though, taking a bit more of a co
The country is looking to inflict a historic nightmare on the united states. Late yesterday, one of the Key Developments was the pentagon dispatching 2200 more marines to the persian gulf as part of Amphibious Assault group. It is interesting that the secretary, pressed on the intelligence, said a lot of intelligence was what he had already done. He had already attacked americans. That is an anticipatory selfdefense. Bill the first reaction from the u. S. For the first commentary was there was an imminent threat posed by soleimani. Iranians and iraqi officials have said solomonic was on some kind of Diplomatic Mission soleimani was on some kind of Diplomatic Mission. Pompeo mocked that and said this guy had a lot of blood on his hands. David what about iraq . What about baghdad . Where with the notion we might leave the country and pull our forces out of there . Confusion when what appeared to be a draft letter from u. S. Military officials starting to talk about repositioning of u. S.
Services and luxury retail. Love them or hate them, etfs are here to stay, and etf nerds get a read on the Broader Market trends. Eric balchunas is very comfortable being known as bloombergs head etf nerd. Eric every week we talk about flows going into etfs. And we talk about flows into active. If you add them together you get a negative number, 150 to 180 billion has flown out of the whole enchilada this year. Thats what this shows, the cumulative flows into u. S. Stock funds have been drifting down, and this year it has been 150 billion. That seems counterintuitive given the market is going up. People are wondering, are investors bailing on the stock market . The answer is no, heres why, lets look at the assets. This is the law of large numbers. 10 trillion are in ets, index funds that mutually invest in stocks. The market is up 25 thats a 2. 5 trillion asset gain. Thats a good year. Heres the outflow. 150 billion is put into scale by looking at this. Essentially investors have sold
Margrethe vestager tells her they will push for a global tax. Shares of alibaba the trading in hong kong, ending the first price. Day above listing our top story, uber and its uncertain future in london. The citys Transit Authority has refused to grant them a license, saying uber failed to adequately verify driver identities. Responded,ftly tweeting that the decision was quote wrong. He had said safety is the Company Priority and will appeal the ruling. Londons mayor says much more needs to be done with regards to safety. To be akeen for london hotbed of innovation but you have got to abide by the rules. What is clear is ubers policy and practices mean passenger safety is being. Being compromised. Emily i caught up with a guest, asking him if uber or the technology itself allowed drivers not to be verified. The issue here is whether drivers in london were able to get on the platform even though they were not the right driver or properly licensed. The city with the city of london says w
Set for the s p 500. Joe there you go. Caroline abigail, what are you watching . Abigail you know, caroline, across asset classes, the technicals for the s p 500 are fairly constructive. It is worth noting we also have a rally for haven bonds. Take a look at this, the 10year yield shedding 11 basis points on the week. This is the biggest rally for bonds going back to the first year of october. Haven bond rally in, and that has influenced dissector blog competition, putting aside the big rally we saw today for health care, the best sectors, on the week, real estate and utilities, those are of course rate sensitive. Dividends look more attractive. On the flipside side of this, take a look at two of the worst sectors or one of the worst sectors of the week, the financials, and the Kbw Bank Index underperforming, taylor. It will be interesting if that continues this week. And seems as though the defensive sectors are actually doing quite well. Taylor well, abigail, we talked about how the