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Transcripts For BLOOMBERG Bloomberg Surveillance 20240711

The gloom crew. They have been wrong, wrong, wrong. We will reassess. We start strong with james bevan in a moment. Francine we have a lot of Economic Data that could support the rally or not a little bit later. Consumptionat price and other things we need to watch out for. Lets get to first word news in new york city with ritika gupta. Joe biden ritika joe biden wants to change the slogan from America First to americas back. Restore u. S. Ties with International Organizations that President Trump spurned over the last four years. President trump heads to pennsylvania in his campaign to overturn Election Results there. He will meet with state republican lawmakers examining accusations of voting impropriety. Pennsylvania has already certified that joe biden won the election. Trump supporters complained that observers were not allowed to be close to virga two workers counting votes. U. S. Health officials are working on guidance to shorten the 14 day quarantine period if they are exposed

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Transcripts For CNBC Squawk On The Street 20240711

Open, but the dow currently having its best monthly gain since january of 1987. That ev revolution, it is rolling on in the stock market tesla tops half a trillion dollars in market value for the first time shares of nikola sinking this morning. Covid surge, cases and hospitalizations at record levels why experts fear thanksgiving could be a socalled accelerator event. Lets get your take on where you think sentiment is now i saw you writing yesterday about the fear and greed, pointing more to the greed. People are there is a belief phase in this rally that has probably started this comeback from march, eight months ago, ishas fed on disbelief. Between the seasonal forces being strong and the clearance toward this post covid moment with the vaccines, it all did come together. Also, though, with the grab for cyclicals, laggards, anything that moves fast, anything that seems like it was really dented up by this whole phase, now, sentiment, it is not a moment in time people say, all too bu

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Transcripts For BLOOMBERG Bloomberg Markets Asia 20240711

Approaching that 103 level. That would be a breach of a technical and psychological level. . 99, 2. 7 top the upside. After the biden victory, gold as well seeing three straight gains three Straight Days of gains. Joe biden preparing to take office as the 46th president of the United States. He is moving forward as president elect, launching his transition effort and readying a plan to tackle coronavirus. President trump is refusing to concede, weighing more legal challenges. The people of this nation have spoken. [applause] they have delivered a clear victory, commencing victory. A victory for we the people. I pledge to be a president who seeks not to divide, but unify. [applause] who does not the red states and blue states, only sees the United States. Our work begins with getting covid under control. Economy, repair the restore our vitality, or relish lifes most precious moments, hugging grandchildren, children, birthdays, weddings, graduations, all the moments that matter most to u

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Transcripts For BLOOMBERG Bloomberg Surveillance 20240711

Razor thin margins in places like georgia. Tom i do want to note, very importantly, the japanese out to new strength moments ago. Joe biden out to new strengths, and theres no question the key gone bidenrgia has ever so slightly. Ahead for mr. Es biden in georgia. Jonathan everyone doing the math and saying the passed for the president just gets narrower and narrower. The president overnight continuing to push back in a uniform manner from the whole campaign. Tom really extraordinary to see that. I know we will have some images of that press conference last night. , wethose of you worldwide will have our experts on that. What is so important to me is the idea that this is just not the president. He has galvanized trump nation to send a message out that this is fraud. Georgia, pennsylvania, nevada, arizona, the counting continues. That is the focus through this morning. Toa we are waiting to hear see whether we can pencil in joe biden as the next president. That does seem to be what is

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Transcripts For BLOOMBERG Bloomberg Daybreak Asia 20240712

For a september quarter. There are also concerns about the ant ipo fallout. And america awaits the outcome of the president ial election, seven states now holding the keys to the white house. Wisconsin heads to a recount and others face challenges in court. Foropen here in sydney friday trading in asian markets, we have seen an eerie calm and trading across equity markets, and globally, on expectations that policy gridlock will me know extreme measures when it comes to the tax front being taken and more status quote when it comes to the visible markets. We are up. 2 when it comes to sydney, the in aussie dollar and commoditieslinked currencies it particularly well. We have the u. S. Dollar fall to its lowest in two years. The nikkei 225, we expect weakness going into the open but we have japanese stocks trading in the green every day of the week. Also watching the yen, but interestingly, as an election respirometer, we continue to watch price action in china as well as volatility in ch

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