Getting stronger. Carol from fighter jets, computer chips, lasers, and the market for nitrous talk oxide cd brew. What we decided to do was cover every single element on the periodic table because ultimately, these are all business stories. This is the story of business. Carol you took us places there were a lot of surprises for us and we think of the old and it is as such a bigger thing and it means a lot today. Joel it is the wrong way to think about it. If you associate it with High School Chemistry class and get anxiety, forget about it. We wanted to make this fun because things like helium, party city is Closing Stores because there is a helium shortage and yet there are entrepreneurs who are trying to solve that problem, for lithium and you think about Battery Technology and what electric vehicles will be possible, for hydrogen for that matter. Everyone of these things things we take for granted like a computer chip and how many elements are required to actually make this. They a
Getting stronger. Carol from fighter jets, electric cars, lasers, and the marks it nitrous oxide coal cold brew. Jason here is joel weber on the elements. Was what we decided to do to cover every single element on the periodic table because it ultimately, these are all business stories. This is the story of business. Carol you took us places that were a lot of surprises. We think of it as developed a long time ago. Such a bigger, broader thing and means a lot today. Joel that is the wrong way to think about it. If you associated with High School Chemistry class and you get excited and a and you get excited anxiety. Party city helium, was Closing Stores because there is a helium shortage, and there entrepreneurs trying to solve that problem, or lithium. You think about Battery Technology and what electric vehicles will be possible, or hydrogen. Every one of these things, these are things we take for granted, like a computer chip and how many elements are required to make this. They are
And their currency is under siege. Our problem is a Federal Reserve too proud to admit their mistake of acting too fast and tightening too much and that i was right. They must cut rates bigger and faster and stop the ridiculous quantitative tightening now. Which gets us to the markets this morning, jim. We have been talking about negative rates, they only continued to worsen. It is a strange phenomenon to be sure but it is also a worrisome cycle people believe because you have negative rates that auger for weaker Economic Growth or a lack of growth you have what are it becomes selfreinforcing you have the global coordinated monetary easing going on right now. And you have the first time people talk you about the possibility of rates here falling dramatically from where they are now have you ever seen a ten year whipsawed as much in yield in the half hour period as we did this morning almost as if someone wants to get ahead of even lower yields there is a big short position in bonds. Th
Bloomberg daybreak europe. Im lizzy burden in europe. Taiwan is hit by its biggest earthquake in 25 years, toppling buildings and disrupting chip manufacturing. At least four people have died. Stocks slide on fears of a slower pace of rate reductions from the Federal Reserve following more strong data on the u. S. Economy. Mary daly says she believes there will be three cuts this year. I think that is a reasonable baseline but i would like to say, this is a projection, three rate cuts is a projection. That is not a promise. Lizzy President Biden in xi speak for the First Time Since november, the white house saying the sale of tiktok was on the agenda. Good morning, we will bring you the latest on the taiwan earthquake, the worst in 25 years. First, lets get to the Market Reaction to the latest u. S. Economic data. We have plenty of that this week. Good news for the economy has proved bad news for markets. It fueled more speculation the fed will be in no rush to cut Interest Rates, and
Equities continue to rally, adding to their best start to year since 2006. Our european stocks going to follow . The u. S. Looks to open up pretty good. Head of inflation data at 9 30. The bank of england suggests u. K. Productivity could pick up quicker than expected. Can we still count on two rate hikes over the next three years . Matt less than half an hour ofy from the european open equities trading. Lets look at where futures are. Pointing to hire opens across the continent. Future are upc about. 25 . You mentioned s p, the many contracts up about one third of a percent and a percent missed price in kate indicates have a percent higher in the u. S. Markets like equity will do better after the Martin Luther king holiday. I have a threeday chart of the terminal andin my the flat line, no trading yesterday for Martin Luther king day. Yield have a spike in the on the friday going into the weekend. It came back down and now we see yields lower today, this morning trading down to 2. 54