Lets take a look at what is happening in asia too. Those markets were closed. Hang seng off by. 1 and the shanghai up about a quarter percent. Youll see at this hour, slight gains across the board italy up three major averages up. 1 to. 2 . The tenyear is yielding 1. 772 . The 30year at 1. 28. We were just talking about all of this. All of those moves made. Pretty confusing to figure out what was happening and why i think there are a lot of people looking at a lot of these small events and does it have bigger implications. In this environment where everyone is feeling uncertain. I think these fractures make more people nervous. Whether this is a bigger issue, i will know this weighs on investors sieky i had a 2007, summer of 2007 bnp scare. There was maybe 2 billion that was frozen, sub prime and there was a freak out. At the time, it didnt feel meaningful this is the first time the fed stepped in the only time they did this was in the middle of a crisis. Thats right. This is a warning
this could be a different reporting. ner looking at doctors looking at x rays. we talked about it. is it an accurate number we are getting? when healthy people get it and you can t the coronavirus from necessarily the flu or a cold. you don t know this doesn t give me or feel real good, the w.h.o. was apiecing chiapiec appeasing china. they said don t worry about it looking at the treasury market 10-year was back a little pressure there to yield back below 1.581%. pepsico is just out with quarterly earnings came in at $1.45 i share revenue better than the street expected $20.6 billion. grew by 4.3% better than anticipated. the company said it sees 7% earnings growth this year. if you are looking at numbers, if you go from 5.53. the street was looking for 5.95. they say the number they are expecting is 5.88 which is going to be looking for about 1 percentage point decline from forth exchange based on current rates. organic revenue they are expecting for 2020 at 4% below
The offeree Smith Memorial foundation has a fantastic new vice chair in mary erdos. [applause] yes. Erdos is the ceo of jpmorgans Asset Management and wealth division. She knows her way around money. But like all her best leaders, she is not interested in money for moneys sake, but the good it can do in the world. In her 20 plus years in new york, mary has watched the archdioceses works out the needy and has seen how effective the often east myth Memorial Foundation is in getting funds to a wide range of charitable organizations. Mary, im sure, is sought after for all manner of where the causes. Two timid so strongly to the foundation says a lot. So sternly toit the foundation says a lot. N in theth generatio family to attend sacred heart schools. Mary can tell you more about the work of the foundation. Ladies and gentlemen, i present to you the vice chair, mary erdos. [applause] thank you, everybody. On behalf of the entire board, we want to thank you for coming out for this historica
We wanted something that sounded incredible. With a seat in his plan. America should get back to construction. We need more private capital involved. We have to invest. Starsl streets brightest speak at the bloomberg invest summit and shine light on issues i nate finance. We seem to be picking a of fights these days. Return valuations, looking at the equity markets, there is no longer that margin for error. That is all ahead on bloomberg best. Hello and welcome. I am michael mckee. This is bloomberg best. The week was found to be tense in the u. K. With elections looming thursday and the weekend care attack raising the level of political urgency. Theresa may is right now sharing a meeting of the u. K. Emergency committee, cobra. It comes after saturday nights terror attack in Central London left seven people dead. The atrocity raising the stakes in the u. K. Election, days away. Prime minister may we cannot deny that the threat from extremism is one of the biggest we face. Jeremy corby
We wanted something that sounded incredible. With a seat in his plan. America should get back to construction. We need more private capital involved. We have to invest. Starsl streets brightest speak at the bloomberg invest summit and shine light on issues i nate finance. We seem to be picking a of fights these days. Return valuations, looking at the equity markets, there is no longer that margin for error. That is all ahead on bloomberg best. Hello and welcome. I am michael mckee. This is bloomberg best. The week was found to be tense in the u. K. With elections looming thursday and the weekend care attack raising the level of political urgency. Theresa may is right now sharing a meeting of the u. K. Emergency committee, cobra. It comes after saturday nights terror attack in Central London left seven people dead. The atrocity raising the stakes in the u. K. Election, days away. Prime minister may we cannot deny that the threat from extremism is one of the biggest we face. Jeremy corby