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Transcripts For CNBC Squawk Box 20240713

By about 414 points. Things have bounced around rapidly. Weve seen the volatility. Part of that was the big selling that happened. Nasdaq off another 140 poijnts. Looking at the 10year trading down talking historic lows every day when the 10yearwas above 1. 2 on the ticker, i was looking for it this is an important time to watch that, didnt you think it is crazy its a new time line to look at global rates we never thought these type of rates would get to us. They are still higher than the rest of the world is at. It is still staggering it is unbelievable and shocking on the daily basis. Providing the context. It does not happen often they are usually tied to an event. 1998, it was the collapse of the he hedge fund in 2010, resulting in a drop 2008, the financial crisis led to a fourday decline of more than 1,500 points. And now the coronavirus with a loss of 3,200. The big one was 1987 that wasnt really precipitated by any other event other than insurance. 22 in a day i want to make a

Transcripts For BLOOMBERG Bloomberg Markets Balance Of Power 20240714

President joe biden as senator Bernie Sanders and Elizabeth Warren continued to hover as toptier president ial candidates. All three of those folks keeping careful watch on senator kamala harris, a democrat from california, as well as others like beto orourke, julian castro, and others. It is a large field, but these thresholds coming up at the end of the month could winnow it. David President Trump maybe not having as easy of time as we thought with respect to the economy. Lets go out to los angeles and Sarah Mcgregor. This morning, bright and early the Chinese Government said we would retaliate on the tariffs and then the foreign minister said not so much. It seems like they were contradicting themselves. Sarah we have heard a lot of contradictions from the Trump Administration but china usually has a clear message. Today is different. It is no surprise that china will proceed with retaliation on these tariffs on the goods that will be hit in december, although there has been a bit o

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