Good morning. This is bloomberg daybreak europe. I am in london. These are the stories that that your agenda. A weak picture on asian markets as fed officials to further rate hikes debate further rate hikes. You can russias commodity export. Oil is steady. Benjamin netanyahu tells bloomberg exclusively he will not pursue the entire overhaul originally planned by his government. I will still give it several months to try to get another consensus. It will probably be about the composition of the community that elects judges. Not to get into a point where the Legislature Just knocks out any decision that the court needs. There has to be a balance. Request good morning. Happy monday. Welcome to a new week. Treasury radios are edging higher. All of that after that mixed u. S. Jobs report. Just as there was in the latest fed speak. Him talking about a pivot to a hold and her talking about potentially more hikes. Traders pricing about a 40 chance of another quarterpoint hike by the end of the
Im charles payne. This is making money. Breaking right now wall street is coming around to a. I. , playing catchup as a matter of fact. There were flury of up grades this morning but great youre playing catchup. Youre ahead of the game. The bears have made a trench. Beware, this market is going to fall apart. Microstrategy is on fire. Theyre calling Michael Saylor, the moderndaybunk bunker hunt. That is not a good thing to be called. He was ridiculed and laughed at. Talk about a special guest how expensive taco bell is. Scott martin is back. Looks like he is having the last laugh. My takeaway on the again, once again, where the market and the street are all off base particularly when it comes to main street. We have a lot of evidence on that today. All that and so much more on making money. Charles all right, well i guess you could say better late than never but all of sudden wall street cant get enough of a. I. , right, including nvidia at the top here. Bank of america now, they have
Mornings on two. Im dave clark. It is tuesday. It is march the 12th. Lets go right to Steve Paulson. I had rain all the way in this morning off and on rain. Yes its still moving through dave. Thats true. Most of the heavier rain though is pushing east and south. As you can see on the radar here. But theres still some activity upstream temperatures is mainly near 50. Most locations are pretty close to 50, so not much of a change there temperature wise. You can see the system. This is the last in the series, but theres still plenty to go here. But morning rain will give way to, i think, some breaks later this afternoon. Highs will be 50 and are going to go up a little bit here. All right james torres was in the neighborhood. udecided to stop byuand we appreciate it. Good morning james Steve Paulson good morning to you. Hey i appreciate you showing that sfo cams. I was just there two hours ago. And here we are looking at a little bit of rain as well. Ill show you over the san mateo bridge
Strongly disagree with fitchs decision, and i believe it is entirely unwarranted. Its flawed assessment is based on outdated data, and fails to reflect improvements across a range of indicators, including those related to governance that weve seen over the past 2. 5 years. That weve seen over the past 25 yeas that weve seen over the past 2. 5 ears. ,. , , 2. 5 years. Other democrats used the downgrade 2. 5 years. Other democrats used the downgrade as 2. 5 years. Other democrats used the downgrade as an 2. 5 years. Other democrats used the downgrade as an opportunityi the downgrade as an opportunity to point the finger at republicans. While Republicans Blamejoe Biden and democrats for trillions of dollars in new spending. Many economists dismiss the downgrade, Includingjp Morgan dismiss the downgrade, including Jp Morgan Chase ceo who called it ridiculous and said that the decision ultimately didnt really matter. And he may not be wrong. Us treasurers, that is government ious, remain th
I strongly disagree with fitchs decision, and i believe it is entirely unwarranted. Its flawed assessment is based on outdated data, and fails to reflect improvements across a range of indicators, including those related to governance that weve seen over the past 2. 5 years. Other democrats used the downgrade as an opportunity to point the finger at republicans for their role in the recent debt limit fight. While republicans blame joe biden and democrats for trillions of dollars in new spending. Many economists dismiss the downgrade, including Jp Morgan Chase ceo jamie diamond, who called it ridiculous and said that the decision ultimately didnt really matter. And he may not be wrong. Us treasuries, that is government ious, remain the bedrock of the Global Financial system, despite this latest knock to the reputation. Expectations are high that it will raise rates again. If so, it could take the cost of borrowing up to a 15 year high. Consumer inflation has come down more than expected