News of another recall, 2. 7 million airbags. Jamie dimon has a warning for investors and all amazing policymakers. Rishaad china may offer new implications. Are on the cusp of the u. S. Earnings the season. Having a look at one thing. Taking a look at perhaps could be happening here. 2459, this chart is looking at corporate profits, suggesting we could see a slowdown down worldwide in the second half of the year. All of this according to j. P. Morgan chase, going on to say that the global Producer Price index has a correlation to delivery. Asts what we have coming up the earnings season beckons on the heels of recent market turbulence. That turned him coming to the Producer Price index globally speaking, so heading into earnings season to see if that analysis in any way shape or form is correct. We are watching earnings. We are back to watching the fed, centralbank all, and where they go from here. Janet yellen preparing for her testimony to congress, plenty of clinical distractions t
Top the agenda. In newi am betty liu york. It is just after 7 00 p. M. Yvonne it is just after 7 00 a. M. In hong kong. It seems markets are taking it as steady as she goes. You can also argue she came up more hawkish the first day. It was still too early to conclude inflation was well short of that 2 target. We did see bond markets reverse. Betty one thing we did come away from these last two days, is that the fed is watching inflation. It is something they are on high alert about in terms of whether they are going to hike rates again or gradually delay that. I do not know if this was a jab or not, when she was asked a question about Donald Trumps growth target she said 3 growth would be great, but challenging. I want to pull up this chart for our viewers. Much making how America Great again is going to rely on americans. Meaning, them spending at home. Personal consumption, it has always been a big part of the economy. It has only gotten bigger and bigger and the gap has widened betw
Breaking investment rules. This is daybreak asia, coming bloombergsrom headquarters. I am shery ahn. Betty, it seems to be all about earnings this week. We had netflix overnight, but we are gearing up to bank of america, goldman sachs, ibm. Earnings season is usually friendly for stocks. We see another round of gains. Betty we absolutely will be. It is interesting because, you know, we know earnings will be a driver, but there is certainly differing consensus or differing aboutamong strategists how much earnings will propel markets higher. We know mike wilson says it could propel the markets up 10 . We have a guest coming up who does not think quite that, is probably on the opposite end of that spectrum. Diverging views are forming. Shery i will be quite curious to ask him why he is so pessimistic. Many in asia are looking forward to other data points including chinas Property Prices, not to mention we do get rbas in the july Meeting Minutes. Take a look at what the markets are doing r
Rishaad one of the stocks in theing the session postmarket period, we had netflix coming out with something, just reiterating what it has been doing. Big increase in the subscriber numbers, particularly overseas, helping to propel the stock. About 10 plus and afterwards section session. Oftory at the beginning april, you can see how disney, cbs, viacom, 21st century fox, have all lagged. Cbs was the best performer, still down 6 . Netflix was up 10 . That doesnt include the postmarket period, which will also increase after the nasdaq reacts properly. That is something to watch out for. Haidi thats right. I cant wait for that session to see how the stock reacts. It these questions, is sustainable, can they repeat this for another quarter . Line is the Company Actually going to turn a profit . Meantime, 30 minutes away from the opening in china and hong kong. In yesterdays session decoupling from the equity rally elsewhere. Singapore, taiwan, and malaysia just coming online. Sophie taking
Journalist. And nobody else would consider myself a journalist. I began to take on the life of being an interviewer even though i have a day job of running a private equity firm. How do you define leadership . What is it that makes somebody tick . Thank you very much for coming here today. We are at the Kennedy Center. You played here many times, i assume . Yoyo um, once or twice. David im very honored to be interviewing you, because i am the chairman of the Kennedy Center, and we gave you the Kennedy Center honors at one point not too long ago, and you have been the recipient of the president ial medal of freedom and every other award one can get. You are traveling around the world all the time. What drives you at this point when you are already so successful . Yoyo i want my wife to approve of me. David well, that is important. Yoyo well, what probably drives me is i want to be useful. So, i play the cello. And people like me to play. But maybe something you dont know is that my grea