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Transcripts For BLOOMBERG Bloomberg Markets European Close 20240712

Increasing a little bit from that level. A line in the sand with a lot of money flowing in. Taking a look at the etf, its amazing, up 9 10 of 1 . Now,the pound right comments coming through from michel barnier, indicating he thinks a deal as possible. Thats the most positive ive heard him be for quite some time. The market certainly latching onto that. Coming up, we are talking cars. Joining uscitroen later on, releasing a new electric car. Hows that going to sell in the current environment . We will talk about that more broadly in the car market. As they say we are coming to the end of the second quarter, which is certainly something spending a little time worth thinking about. The first half of the year has been quite a roller coaster but one that has been defined in so many ways by unprecedented action by Central Banks responding to an unprecedented crisis. Joining us now to break down the genesis of the rally that we are seeing in risk assets right now, mike mckee. Mike, the crisis

Transcripts For BLOOMBERG Bloomberg Markets Balance Of Power 20240712

Be worrisome. Arestors seems that they looking to a lot this great Second Quarter in, david. David the consumer board came out with good numbers on positive consumer confidence. We are going to get fedex after the bell today. What are we looking for . Abigail relative to the earnings, micron put up a Strong Quarter and boosted the outlook carrying the outlook boosted the outlook. That wasto the quarter a stunning quarter, i wonder break it down. 18 this quarter. The best quarter since 1998. Treasuries after a huge quarter in the First Quarter relatively flat, but where we saw huge gains, investment credit, highyield credit, this of course on that fed support buying outright Corporate Bonds and those etfs. Gold having a strong day. Not just today but it was the quarter up 14 . The best quarter since 2009, so it will be interesting to see if this will continue into july, whether the Third Quarter can be a strong as the Second Quarter. Probably unlikely, but right now, there is an optimis

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