Call it. Netflix yesterday closing at an alltime record high. Oil a little higher as well, but still around an 18 year low. Still brutal for the market. Just checking in one more time they comec had before out. Time now for bloomberg first take. Here to discuss from our inhouse team of wall street veterans and insiders, michael mckee, and Damian Sassower. Mike, we know that jobless claims are going to be bad. We dont know how bad. I think the question is, how do markets actually respond to this, when sometimes they want to respond to bad data, sometimes they dont . Michael im not even going to go there. Yesterday we had dismal numbers on industrial and retail sales. We thought they were priced in, but apparently they werent. Youve got to wonder if weve priced in jobless claims because weve talked about it so much over the past three weeks, but we are expecting 5,500,000 as a consensus. If you get that number or even a little bit below it, we will have wiped out in one month all of the
Internet in iran the authorities there impose one of the biggest blackouts anywhere and americans living under donald trump. Are yearning for the sound of silence war as the saying goes is politics waged by other means in israel war usually waged on gaza can be a means of distraction a political weapon and that context is often missing in the News Coverage last week Prime Minister Benjamin Netanyahu launched airstrikes on the gas a strip what his government called a targeted killing of an Islamic Jihad commander 8 members of one gas and family were among the scores of innocent palestinians killed however in political terms those missiles werent even aimed at Islamic Jihad the real target was Benny Gantz Netanyahu is political rival gantz has tried to piece together a Coalition Government to replace netanyahu is one that would have included the support of israeli arab parties netanyahu is fighting for more than his job hes just become the 1st sitting israeli Prime Minister charged with
A bowlers the smuggling to survive on how does iraq. Really airstrikes. Oh. Right right. Right. Hello im Richard Burton youre at the listening post here are some of the media stories were covering this week cause and effect there are high stakes electoral politics playing out in israel and palestinians are paying the price yet again do you to cling and powering the protests in algeria pulling the plug on the internet in iran the authorities there impose one of the biggest blackouts anywhere and americans living under donald trump. Are yearning for the sound of silence war as the saying goes is politics waged by other means in israel war usually waged on gaza can be a means of distraction a political weapon and that context is often missing in the News Coverage last week Prime Minister Benjamin Netanyahu launched airstrikes on the gas a strip what his government called a targeted killing of an Islamic Jihad commander 8 members of one gas and family were among the scores of innocent pale
Plug on the internet in iran the authorities there impose one of the biggest blackouts anywhere and americans living under donald trump. Are yearning for the sound of silence war as the saying goes is politics waged by other means in israel war usually waged on gaza can be a means of destruction a political weapon and that context is often missing in the News Coverage last week Prime Minister Benjamin Netanyahu launched airstrikes on the gas a strip what his government called a targeted killing of an Islamic Jihad commander 8 members of one gas and family were among the scores of innocent palestinians killed however in political terms those missiles werent even aimed at Islamic Jihad the real target was Benny Gantz Netanyahu is political rival gantz has tried to piece together a Coalition Government to replace netanyahu is one that would have included the support of israeli arab party. Netanyahu is fighting for more than his job hes just become the 1st sitting israeli Prime Minister ch
Future. And the Nonpartisan Congressional Budget Office has told us that the houses proposal will not generate sustainability of Pension Plans or the sustainability of the pbgc. So we better not spend time on something the Congressional Budget Office just isnt going to bring a solution and definitely not a longterm solution. In contrast, the proposal that senator alexander and i are releasing today addresses the immediate needs of the few multiemployer plans facing immediate crisis in a manner that protects participant benefits and also ensures a sustainable multiemployer Pension System for the long haul. And it does this all in a fiscally responsible way. Our proposal is not a giveaway to corporations or to unions, and its a better deal for the taxpayers at the same time than a future that even with a larger problem and a pbgc funding needs that will almost surely be met with a taxpayer bailout. All participants in the system would make a sacrifice. Let me make that clear. All partici