Weakness in italy and spain. When it comes to the treasury yields, this is what were watching closely, the tenyear is trading at 2. 433 should we be doing a Weather Board . Like a freezing cold Weather Board . I saw this morning that 90 of the United States is freezing or below a third of the continental United States, the lower 48, are actually below zero. As was predicted. Its cold because its warm. Dont do this as a Global Warming thing. No, no, because only weather that proves Global Warming like every brush fire is Global Warming. Every drought. Every flood. Thats all Global Warming. You didnt see the day after tomorrow. It got freezing. If the atmosphere traps more heat, you would think it would not be as cold you know what sorkin, dont act like you studied this i have studied this what i have as it happens, i have. Sorkin, if it was 40 degrees, and it was a very warm winter, would that be indicative of Global Warming or just answer that question. If it was unseasonably warm, wou
Stocks have added to gains since all of that news started to come out. People asking whether fridays low was the bottom joe, what do you think is it going to hold . I cannot give you the answer to that thars a good thing secondarily, the fact this is just an equity correction and not a portfolio correction doesnt present the risk to global synchronized growth thats very important. Is the worst over yes yes. That doesnt mean that we dont test it. What we see when we see a big spike is significant spike like this one we shorten the time frame because of the speed i dont think we go back there ill be surprised if we can push back into the low 30s because were not just with moves like today. Youre 1. 4 . Youre not in the 30 volatility range. In other words, i think a lot of folks that needed to get protection grabbed it last week. Some at really bad prices. Some hopefully kept their hands in their pockets and didnt make the bad decision youre a buyer of stocks and a number of different one
Got us high as 88 this morning our global map futures falling sharply picking off where friday drop off. We have broadcom raising that bit for qualcomm it would be the Largest Technology deal if it got done it is best and final and it is worth more than 121 billion in cash and stocks. Shares of wells fargo sinks. Stocks are on track to extend the sell off on friday if the dow falls 235 points today, that would constitute a 5 pull back on its all time high on january 26th might we know how long it has been since we gotten that 5. It is been the story. It is how long the streaks have been last week we got rid of two of them which is more than 60 bases point tcp fr drop of the day. It emblems of how extended the market was and everyone i think, a week ago were saying it was overdue. Markets are over heated so this is how it looks and when ever that happens, you can grab at the headlines for why it could go further and i think just looking at the dow open makes a lot of sense they always s
Apple considers radical expansion plans for the iphone, three new devices with a big new tablet for mobile. , 00 a. M. Across the emirates 12 00 p. M. In hong kong. Embraer of the Global Financial markets embraer i am yousef gamal eldin. Over 3000 delegates expected at the Global Financial form. We have some big interviews throughout the day. As to to give you a tease who will be involved. We will speak to the ceo of one bankny and the central governor of the uae. The list is long. I want to shift to the realtime Market Action. An Asian Session that makes the u. S. Handoff a positive one, u. S. Stocks at a four we cai. Week high, so Investors Holding their breath. The nikkei is punching on come gains in terms of automakers and banks. Quite a bit of pressure on chinese stocks, really the standout on the gmm. In the fx space, the bloomberg dollar index looking for direction. I want to show you other key asset classes. Wti will be in focus. We will be looking ahead to u. S. Inventories. A
A politician who took part in kenyan opposition rally has been deported to canada. The kenyan government Spokesman Says the person seen here to the renounce their citizenship years ago and never reclaimed it but they said that he plans to challenge the deportation, calling the presidency of the current presidency president a legitimate your that illegitimate. Illegitimate. Global news 24 hours a day, powered by more than 2700 journalist and analysts in more than 120 countries. This is bloomberg. Vonnie 1 00 a. M. In hong kong. I am vonnie quinn. Shery i am shery ahn. Welcome to bloomberg markets. Vonnie from bloomberg World Headquarters in new york, here are the top stories. Stocks move higher after the best day in 15 months for the s p 500. A conversation with bain capital comanaging partner jonathan lavine. Cable take his recent that he will take his recent market news and given to us. Shery vonnie a new segment, charting futures. We will start with the markets because julie hyman is