Peloton jack otter welcome to barrons roundtable where we get behind headlines and prepare you for the week ahead. For taking Interest Rates for the tenth consecutive time has banking turmoil continues. Will the jobs report take a generate pause off the table . I will ask greg peters. Some businesses are getting swept up in the culture war. What happens to Company Stocks when they become involved in politics . The answer may surprise you. With the debt limit decision looming how should investors prepare for a possible default . We begin with three things investors ought to be thinking about right now. Stocks rallying on solid jobs data despite it being a down week for the market. New hope for all timers patients after an encouraging drug problem, eli lilly and safety concerns. Will Medicare Coverage it. Americans feeling a i anxiety as Technology Threatens to take over thousands of jobs. Are you at risk of being replaced . My colleagues, ben levisohn, it looked like it is going to be a
a happier new year: after months of covid chaos, can china s economy pull a rabbit out of the hat? hello there. we start in the swiss ski resort of davos, you know what, stay. stay with me. sometimes, this happens. just to prove it is live. chuckles. we will talk about what keir starmer is talking about. the opposition labour party leader. he has very much been sweet talking the elite, the top bankers at the world economic forum. he has been reassuring the financial elite that labour is pro business and pledging to do more to attract foreign investment into the uk if they win power next year. labour points to un figures, showing the uk s share of world foreign direct investment has declined since the conservatives came into government in 2010 from 8% tojust1.7% the lowest since records began. that s according to the un figures. the bbc s economics editor faisal islam reports. at the world economic forum, some of europe s top bankers and ceos assembled to meet the leader o
package to rebuild ukraine to raise funding to allow them to defend itself over the next years deutsche bank chairman bids farewell as chairman thanking shareholders for standing by the german lender. take a reconstruction not just in modernization. reconstruction that would take a decade and made great demands on us andyou. and ez jet jumps to the top of the stoxx 600 despite posting a 430 million pound first quarter loss. they have the opportunity to prioritize, we know the travel is top of list like you said, this is something that we are monitoring carefully. for the summer, it is a very big and strong demand. welcome to street signs. it feels like deja vu saying europe markets are opening up after a brutal day on wall street that is fitting after the price action we saw broad based steep losses yesterday in the u.s a lot of that on the back of the disappointing set of results from target. biggest retailer stateside they solidified the worst fear they have t
Coming up yields go for a ride. Seeing some ground to end the week. And thats because mixed with official saying the market is tightening rapidly. Inflation still running hot but how hot is too hot for the fed to push rates higher . We begin with the big issue, the market gets ahead of the set. The bond market is tightening financial conditions and that is doing the work for the fed. Europe was doing the feds job. We have been watching the rising bond yields the last few weeks and tighter financial conditions so we think that is doing some of the work for the fed. The fed is probably done raising Interest Rates because they realize the bond market has been recently doing all the heavy lifting. Dont worry, the fed will have to do less because the market will do more. It does not want to work that easily. Sonali we are coming off a week with drastic moves in the bond market. The 10year alone with sawing the last few days, 20 basis points for more. What does that mean for the direction of
Lisa abramowicz and Annmarie Hordern i am Jonathan Ferro. Your equity market positive. 4 . We will proceed carefully just like this Federal Reserve ahead of cpi. Lisa proceed carefully although i do dont know i do not know where the bias is in markets. Yesterday everybody seemed to disregard ppi and we got a rally in bonds regardless. How is this leveraged because people want to have a bond rally . Jonathan what a turnaround over the last two sessions. We have dropped back in two sessions. To see the 10 year lisa kathy jones put it well. There is something technical going on. I keep going back to what it means for broader markets and an understanding of what this market is. It is the deepest most liquid market in the world and it is whip sawing around by 20 basis points, 30 basis points more in a couple trading sessions. Jonathan we are fortunate to have Annmarie Hordern with us to work on the latest on israel. Antony blinken landing in tel aviv today and the Israeli Defense minister w