Including viacom and cbs. They are proceeding with that deal, but they are down 7 apiece. Retail being dragged down lower by macy, which vastly disappointed investors. Many other brands lower as well. Guy it is a tough market if you are long. It is not tough if you are long bonds, though. U. S. Ections of both the and the u. K. Yield curves invert. Trade euphoria getting steamrolled by another round of disappointing Global Economic data, mainly out of germany and the United States. Grant peterkin of man u life Investment Management of ,anulife Investment Management senior portfolio manager, joins us. Seen the u. S. Curve invert before, and generally there is a portent for some recession sometime after that. Are seeing the Central Banks have economies back. We are keeping longer dated bond yields relatively bid because of the collateral out there in the world. If the risks around the geopolitical tensions, whether in hong kong, argentina, or the potentiallyhey are bigger problems for us
To accept a new deal brexit. German officials expect parliament to stop any attempt to take the u. K. Out of the eu without a deal. At least four people have been injured in an explosion at a Russian Military base. The russian defenseman of Ministry Says the last occurred at a storage site that holds charges for artillery shells. The explosion happened 10 miles away from a city. Those residents are being prepared for evacuation. Global news 24 hours a day, onair, and tictoc on twitter, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. It is 1 00 in new york, 6 00 in london, 1 00 a. M. In hong kong. Im vonnie quinn. Welcome to bloomberg markets. From bloomberg World Headquarters in new york, here are the top stories on the bloomberg and around the world that we are following. China fights back with the yuan and soybeans. The country devaluing its currency and ordering state owned companies to stop buying u. S. Soybeans. U. S.
Petitions and Charter Renewal number 3. Introduced by commissioner collins and lamb. May i hear a motion and a second on the proposals . Motion. Second. I am referring this to the curriculum and Budget Committee. It is being referred to the curriculum and Budget Committee as well. Go ahead, kevin. I will keep it quick. I appreciate everybody who is still here tonight, especially the folks who have to go to work early tomorrow. I wanted to speak in response to the equity studies resolution that is being put forward. We are really excited about this resolution and what it means for the district. We really feel like this is the current board and the current leadership of the district for filling fulfilling the promises that have been laid up for far too long in the district that have never been filled. I appreciate you for going beyond the talk and trying to do things that will be impactful and meaningful, not just to the students who are here now, but to the multiple generations who have
Heading towards louisiana. Not pictures we want to see. David and it can really affect oil prices. A lot of facilities are closing, offshore platforms, and it oath course will reflect refineries. Alix we see people taking taking boatspeople down streets. Meanwhile, we have near record highs on u. S. Equities, trying to push higher to get back to those highs for the nasdaq. Euro gaining just a touch versus the dollar. 30 year yields unchanged after yesterdays really violent session, a real increase after a bad option. Crude prices climbing a bit on the storm and geopolitical tension. David it is time now for the mooring brief. Eastern,his morning ford and volkswagen will announce details on their big on electric and on most vehicles. On00 we get u. S. Ppi Autonomous Vehicles. At 11 00 we get u. S. Ppi data. Angela merkel joins Emmanuel Macron in paris. And we get important economic from china, including gdp growth. Now we are joined by rachel evans, who heads bloombergs etf coverage, an
Temporary increase for next year only that allows us the funding to bring in an Additional Academy class. Madam chair . Chair fewer yes. So our understanding is the department wants to add these positions to redeploy Deputy Sheriffs to other areas of work, which was recommended in the controllers report. So these positions, thats what their goal is. Our recommendation still allows them to do that. Its just instead we would allow eight new civilian positions in the first year and two new additional two additional new civilian positions in the second year, totaling ten new positions in the department for that purports and allows the department to recruit, hire, train a large number of staff and assess the workload for that staff. It gives them some time to do that. Now, the overtime and Deputy Sheriff, they have six posts. We know that that is sort of a separate tradeoff. What were doing is this is allowing them to free up some Deputy Sheriff to staff those six posts, so these are, again