Including Morgan Stanley chairman and ceo james gorman. Im very surprised at where rates are. Id expect by the end of the year, the 10 year would be 3 . I was dead wrong. Jason we will hear more from james gorman in other chats and many topics are also covered in this weeks issue. Carol that included a top story, the u. S. China trade war. As goodwill lifted financial markets, financial editor peter coy warns of consequences. Peter in a way, it is as if the u. S. And china seem intent on dividing the world into two separate spheres, which is really globalization in reverse, and to use a more recent analogy, it is more like the period after world war ii and the cold war when there was a soviet bloc and the western countries. And not doing very much commerce with each other. Very separate, and that was not good for prosperity for anyone, and risk is we will go that way now. Carol we have smart conversations at the Columbia Business School this week, featured in our show this week, and we
Investors did not like it. The printsabia puts in charge of the kingdoms oil ministry. He has a strong personality when it comes to the market for. The market. [inaudible] i suspect they will do one or two more, but then it is time for a pause. On conventional wisdom to a changing financial environment. Assetporate bonds are an class that provide more risk than return to red bonds are not a safe place to be dreaded traded e to be place to be traded place to be. It is all ahead on bloomberg best. Hello and welcome. This is bloomberg best. Lets start with a day by day look at the top headlines. The tension between Boris Johnson and u. K. Lawmakers ratcheted to new levels monday as the pm stuck to his do or die brexit plan and parliament came together in opposition. The British Parliament is about to suspend its operations for a month at the request of force johnson and the order of the queen, but not before an act of legislation barring the Prime Minister from leaving the European Union
Giant announces an updated product line. Welcome to bloomberg daybreak europe. Good to be back ahead of the most important ecb meeting of the year. Trade ineing a risk on asia, green on the screen for the msci asianpacific index. We have a tweet from the global times talking about china putting measures to mitigate the trade war giving lift to risk assets. We see Sweet Nothings on the s p on a headline level. What has been going on beneath the surface for sector and factor rotation moving from more growth to value. Looking flatres, so another day of perhaps not much to do on the headline level. The big moves have been in bond yields. Jumps into year and 10year. Hitting its highest since august 5, down a touch today but sitting on 1. 66 handle. Great to see you and great to be back. Manus yes, indeed. Yields just off the onemonth high. We will talk about what james gorman had to say. To show the oil market because what has gone on is john out. N, this was the biggest pricing dislocation
Highprofile alumni who continue to shape the Business Community including Morgan Stanley chairman and ceo james gorman. Im very surprised at where rates are. Id expect by the end of the year, the 10 year would be 3 . I was dead wrong. Jason we will hear more from james gorman in other chats and many topics are also covered in this wiis issue. A top that included story, the u. S. China trade war. As goodwill lifted financial markets, financial editor peter coy warns of consequences. In a way, it is as if the u. S. And china seem intent on dividing the world into two separate spheres, which is really globalization in reverse, and to use a more recent analogy, it is more like the period after world war ii and the cold war when there was a soviet bloc and the western countries. And not doing very much commerce with each other. Very separate, and that was not good for prosperity for anyone, and risk is we will go that way now. Carol we have smart conversations at the Columbia Business Schoo
List of u. S. Goods that wont be hit by extra tariffs. Corn, soybeans, and pork are still on the list. Morgan stanleys ceo warns against the fed it cutting too easily and gives bloomberg his take on where rates sit now. Im very surprised. The tenureexpected to be around 3 . Apple unveils an aggressively priced set of new phones and tariffs but the Video Service steals the show. Good morning. Matt good morning. Less than a halfhour away from the start of trading. Looking for moves with those apple suppliers. And lets take a look at equity Index Futures. We are seeing u. S. Equity Index Futures rising. Right now, you see gains in dax futures of more than half a percent and gains over in paris of about. 25 and ftse futures up over. 3 . Anna interesting moves over in the Asian Session. The message is that things have been pretty strong. We have got chinese brokerages rising and all of this talk about whether we will be an extensive list of exemption. That seemed to list lift sentiment and