I am Katie Greifeld in new york welcome to Bloomberg Markets on this friday. You take a look at where the s p 500 stands in trading. Its a red day so far. You can see the s p 500 off about. 6 , slightly worse if you take a look at big tech. The nasdaq 100 off by about. 9 . All the while you can see the volatility rising a little bit if you take a look at the vix. Of course, still at pretty depressed levels, under 15 but getting closer and closer. Im thrilled to say we have a great guest on these markets. We are joined by rob arnott, Research Affiliates founder. Good to see you. Rob good to see you. Katie lets talk about nvidia because you warned in september you saw a big market delusion in nvidia. It was a great company, he wrote, but christ beyond profession perfection but christ beyond if it was perfection that it was priced for then, what now . Rob beyond perfection. Rather than singling out a single stock, its interesting to note that back in 2018, we developed a definition for th
Welcome to daybreak australia. Im haidi stroudwatts in sydney. Time Annabelle Droulers in hong kong. We are counting down to asias major market opens. Shery fed chair Jerome Powell signals rates will stay on hold while leaving open the possibility of a neuter hike. It does not feel like policy is too tight right now. I would say the evidence is no. Haidi traders digest remarks in the potential escalation of the conflict in the middle east. The s p 500 notching its Third Straight loss and 10year treasury yields approaching 5 . Shery israel shifts its approach to a ground war in gaza as the u. S. Warns of civilian losses area President Biden set to speak later on the israel hamas war and ukraine. Take a look at futures, really continuing the dissent into negative territory. We saw the s p 500 falling in almost every sector. It did swing between gains and losses, at one point hovering near the 4300 level, and at one point turning green. That came after fed chair powell talked about for su
Parents in the Richmond area are experiencing waitlists for child care that are several months, and even years, long. Plus skyrocketing prices. “Finding child care has been the most stressful part about having a baby,” one parent said.
BALTIMORE — A new annual report found children in Virginia and across the U.S. need better health support. The Annie E. Casey Foundation's Kids Count Data Book…