And Lisa Abramowicz. Jonathan this is bloomberg surveillance, on tv and radio, alongside tom keene and Lisa Abramowiczs Annmarie Hordern. The s p 500 is negative by 0. 3 . Under surveillance this morning. Boston fed president Susan Collins saying the rise of longterm yields surprising tightening financial conditions and persists which reduces the need for further Monetary Policy tightening in the near term. That is where our focus begins. Lisa a what we saw yesterday in the market did not have to do with fed speak with an auction that did not work well. There is a question of whether the fed has lost control of the narrative. Then speakers can keep coming out. We heard from Patrick Harker today. They have lost control of the market is what sign around with what they perceived to be inflation. Jonathan it is easy to blame inflation but they came in soft. Annmarie they will point the hands at congress for a number of reasons because they dont have a speaker. When you look at what the Con
[background noises] [background noises] [inaudible conversations] the command oversight and accountability will come to order. I want to welcome everyone here this morning. Without objection the chair may declare a racist at any the committee on oversight and accountability will come to order. I want to welcome everyone here this morning. Without objection, the chair may declare a recess at any time. Without objection, chairman of the ways and Means Committee, mr. Jason smith of missouri, representative matt gaetz of florida, a representative Eric Swalwell from california are waived onto the committee for purpose of questioning the witnesses at todays committee hearing. For todays hearing, opening segments will be limited to 10 minutes for the chair and 10 minutes for the Ranking Member. The chair also notes that points of order pertaining to the engaging of personalities against the president will not be in order for the duration of todays hearing. Given that this is a hearing regardi
Carried off by how much more than a 100 been kept. And the us says its something additional military aid im deploying across. Finally, a group of shrub supports the israel, the gaza stock west jerusalem. And the washington dc takes you through all continuing coverage of the cause of the israel, as formerly declared the state of war. And 2000000 people of garza and bracing for whats to come israel is almost a series of abstracts, pounding guns that from all sides at least 413 palestinians have been killed in just 2 days. Among them. 78 children. Israels now im asking troops, navy gaza israel board and that includes a 100000. 00 reserves. The hospitals in a besieged palestinian enclave are overwhelmed with a number of injuries in the scale that these really strikes more than 2000 people are injured, as well as cuts off electricity on the flood goods into gauze. And lets go live to gauze and i dont speak to, ill just there was jimmy that about sending that to minutes. So its really strike
The gulf. Usa or is it something additional . Mandatory 8, im just pulling it across the carrier and a show of support. The, its been guns as deadly as day in 15 years and 2000000 palestinians living there are now pricing for whats to come. Israel as formerly declared a state of war and thats cost 413 palestinian lives in just 2 days among them. 78, which mildred is, randy as strikes of hit the besieged palace spinning of the enclave from all sides. Its now am i send troops never goes that is ro buddha, that includes a 100000. 00 reserves. Michael, that pet reports to the extent of the devastation in gaza is difficult to comprehend. Israel is now at war with hamas and the people of guys all bearing the brunt of that this man lost his entire family when his house was destroyed. Hes not alone in his grief. The mole get the she fell hospital in gaza is at capacity among the dead. 5 children full from the same family. Amid the fighting the chaos and the destruction. Families prepared to bu
Walmart saying its seeing a slight pullback for certain Food Products because of those weight loss drugs. And disneys dismal run. The stock is back below 80 bucks a share, its lowest level since october 2014. Lets begin with a drop in oil prices. Wti on pace for the worst week since march, jim. We got down to 82. 35 this morning. Yesterday, biggest drop since may. The department of energy numbers were weak. Gasoline numbers were weak, the lowest, what, since 1996. When you speak to the chieftains of the Oil Companies, they just want to stand there and buy the shares because they dont think this is the right market. They think the higher price is the right market. I look at whats happened with oil, and i say, if you have retail weakness, if you have fewer people from student loans, fewer people going places, obviously, theres going to be a backup in gasoline, but i think this price is actually real. I understand that the Oil Companies want to buy back stock, but the oil stocks never wen