Expectations, both stocks falling. We mentioned somebody was listening in on the Conference Call and it caused that trader to hit the sell button we wont tell you which trader it was just yet. Tim, it wasnt you what did you make of the Conference Call . I think you have a case here where clearly the numbers on the headline looked fantastic. But what was really causing that, that was about provisions, that was about credit quality. Which, its strange because we were complaining that we were fearful that the banks had bigger credit issues that were being possibly seen on the headline and therefore they were putting aside the major reserves what jp morgan look, that beat was a combination of some very strong Investment Banking and fic business but alsos the provisions that came down. Thats something we should everyall be encouraged about with banks bus i think there is more where that came from. But there was some sense this was the only reason. Net margins fell 14 basis points i think ba
That runs the debate said the event would be virtual. Mr. Biden says he would take questions directly from voters on october 15 and is asking the Debate Commission to move the debate to october 22. The president says a virtual faceoff is not what debating is about. Mr. Biden says the president is trying to evade accountability and does not want to face questions about his failures on covid and the economy. Global news 24 hours a day, onair, and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. Vonnie it is 1 00 in new york 6 00 p. M. In london, and 1 00 , a. M. In hong kong. Im vonnie quinn. Welcome to bloomberg markets. Here are the top stories from around the world we are following. The move toward a steady business. Morgan stanley announcing that it will by money manager eaton vance. We will talk to mike mayo about the acquisition and what is ahead for big Bank Earnings. President trump says he w
More americans are venturing out. Will the gradual recovery from covid19 hurt stay at home stocks . And a wild ride this week for Nikola Motors after announcing a 2 billion partnership with gm, the focus of a negative report by a shortselling firm whats next for the deal. On the round table, ben levisohn, carlton english and jack howe. Guys, its great to see your Smiling Faces again. Had a little hiccup at the end of august with a bike accident, but im back in the saddle. Ben, what goes up must come down was the story in the Nasdaq Market this past week. Yeah. I mean, it was a bad week for the market, but it was a really bad week for the nasdaq and tech stocks. With the dow finishing the week down 1. 7 , but the nasdaq off 4 . And it wasnt really bad news out there to really knock them down. Good earnings from the Tech Companies that reported from the most part. There was a little fear that stimulus wouldnt happen but nothing that really causeed it to go down other than the it seemed t
Out. Will the gradual recovery from covid19 hurt stay at home stocks . And a wild ride this week for Nikola Motors after announcing a 2 billion partnership with gm, the focus of a negative report by a shortselling firm whats next for the deal. On the round table, ben levisohn, carlton english and jack howe. Guys, its great to see your Smiling Faces again. Had a little hiccup at the end of august with a bike accident, but im back in the saddle. Ben, what goes up must come down was the story in the Nasdaq Market this past week. Yeah. I mean, it was a bad week for the market, but it was a really bad week for the nasdaq and tech stocks. With the dow finishing the week down 1. 7 , but the nasdaq off 4 . And it wasnt really bad news out there to really knock them down. Good earnings from the Tech Companies that reported from the most part. There was a little fear that stimulus wouldnt happen but nothing that really causeed it to go down other than the it seemed they were overcrowded and peop
More americans are venturing out. Will the gradual recovery from covid19 hurt stay at home stocks . And a wild ride this week for Nikola Motors after announcing a 2 billion partnership with gm, the focus of a negative report by a shortselling firm whats next for the deal. On the round table, ben levisohn, carlton english and jack howe. Guys, its great to see your Smiling Faces again. Had a little hiccup at the end of august with a bike accident, but im back in the saddle. Ben, what goes up must come down was the story in the Nasdaq Market this past week. Yeah. I mean, it was a bad week for the market, but it was a really bad week for the nasdaq and tech stocks. With the dow finishing the week down 1. 7 , but the nasdaq off 4 . And it wasnt really bad news out there to really knock them down. Good earnings from the Tech Companies that reported from the most part. There was a little fear that stimulus wouldnt happen but nothing that really causeed it to go down other than the it seemed t