Abramowicz some Jonathan Ferro your equity market on the s p 500 slightly negative this morning fantastic lineup looking ahead retail sales just around the corner. Earnings from home depot dropping across the bloomberg tomorrow. Numbers from target results from walmart on thursday. But once again this morning, we have to begin in china. Rate cuts bramo and the data not great at all. The biggest rate cuts going back to 2020. The data coming weaker across the board. Whether it has to do with retail sales, whether it has to do with industrial production. They scrapped their youth unemployment metric, which is not exactly encouraging. And now the question is, are they preparing a big enough stimulus to really stave off weakness that is much deeper than people expected . This is the right signal. The big question, youve alluded to it, whats next . Heres the commentary this morning from standard chartered. The cut has been aggressive from sogdian. This is unlikely to be the last measure. So,
America and it was also very sad driving through washington, d. C. , seeing filth decay, and all of the broken buildings, graffiti this is not the place that i love, this is the persecution of the person that is leading by very, very substantial numbers, in the republic primary and leading biden by a lot, so if you cant beat him you persecute him our prosecute him. Maria former president also writing on truth social i need one more indictment to sure election jon ernst Moxila Upadhyaya great to see you. Thanks for being here Moxila Upadhyaya thank you Moxila Upadhyaya how do you access what is taking place senator . What i hear from iowans is that they believe there are two systems of justice we have one system of justice, if your last time is trump and you have another system of justice, if your last name is biden. So, of course, iowans are upset, they want those who have done things wrong held accountable they dont see that in this case they see this a political move with the latest
Aleppo the yuen says that it is concerned about reports that hundreds have gone missing after entering government controlled areas of the city. It is estimated that about a hundred thousand civilians are trapped in those areas. A new report into systemic russian doping is detailing a wideranging institutional conspiracy involving more than a thousand athletes and more than 30 sports. The findings from the World Antidoping Agency was at the 2014 winter olympics. Statementsdenied any about the doping system. Global news, 24 hours a day, powered by over 100 26,000 journalists and whether 120 countries. This is bloomberg. Bloombergs world headquarters, i am scarlet. We are 30 minutes from the close of trading here in the u. S. This question is what did you miss . Talk about bad timing, these chairs under pressure today after they say they wont grant raise capital. Ill is happening after italian authorities are to form a new government. The topen is said to be candidate for the president el
New fears of a bubble. Haidi beijing and washington prepare for top level talks over tensions and trade in north korea. Rishaad the secretary of the state turning up the heat on pyongyang, saying the gears of patients are over. Lets look at the markets, no trading in tokyo. , some data coming through, reaction to house price numbers out of china. Also the followthrough on this trip by secretary of state Rex Tillerson. That a lot to impact from tillerson visit. , currencies seems to be off the agenda and that g20 communicate. Forwonder what that means that fear of a currency war between the u. S. And china. We are 30 minutes away from the we are 30 minutes away from the open end the mainland and in hong kong. Sophie we do have new zealand stocks leading the drop, voice for the biggest fall since november, down 1. 2 . Aussie shares are snapping a four day advance. The yeartodate rally is a repricing for an oldschool economic recovery led by shipments to the u. S. Take a look at currencie
Because we are attending the annual baron Investment Conference. The man behind it, ron baron, will be joining us for the next two hours in just a moment. We will bring along some Portfolio Managers and the ceos of some of the best performing investments. First, andrew and joe have some of the mornings top stories. Guys, how are you feeling this morning . I dont know how were feeling this morning. Joe has his eyes closed. Thats how were feeling this morning. I rolled in about 5 44. Yeah. I had about ten minutes before. Come on, bright eyed, bushy tailed, boys, we are ready to go. Were raring to go. My buddy, mac, said coffee, joe . And you know i why are you . Thats the first thing he said to me. You never drink coffee. Yeah, i dont. But i might. I heard you asking for decough. I didnt understand that. Becky drinks coffee. I drink decaf every morning. Becky, you didnt go back to the garden state, did you . Or did you . No, i didnt. Okay. In a in a hotel. It was a long pause. And andrew