To daybreak europe. Lets get to the top stories. Chinese shares gain after industrial profits surge for the first time in over a year. Chinas property crisis rolls on. The founder of evergrande is put under Police Control. Amazon taken a hit setting president for tech relation and the entire country. The ftc accusing the ecommerce giant of monopolizing online Marketplace Services in a landmark antitrust case. Right here is europe, the ecb hawk telling bloomberg it is unclear whether European Central bank has lifted borrowing costs to their peak. Inflation is full of surprises. As a result, we cannot say for sure that now we have reached a peak and no more increase. The reason is that inflationary measure is on an in recent days we have seen how much Energy Surprises have surprise up. Kriti lets get a quick check on the markets because we have a lot to digest and crosscurrents. We look at the equity market we are coming off the u. S. Session where you sell quite a bit of pain. The s p 5
Weve got United Health, bank of america, Morgan Stanley, Johnson Johnson also beating on the bottom line, although different reactions in the markets. Sara eisen sits down to ecb president , Christine Lagarde discussing inflation, Interest Rates and where the central bank is diverging from the fed when it comes to rate policy. Stocks look to rebound again, similar picture in terms of the premarket yesterday. We know how beholding the market is to some of these headlines. For sure. The yields are basically still pushing higher at a pretty moderate pace, but in service of the pain threshold for stocks and the economy, this has been a similar backdrop to what we had late last year except with the economy in more secure footing it seems. We basically unwound this idea, you can have the eem mat lack disinflation, talking about the economy almost in overheat mode. What have we done or accomplished in the markets so far in april . That long streak of no 2 dips in the s p, thats over. One of t
President biden made sure we repositioned forces in the region to help israel shoot them down, so this vaunted Missile Defense system didnt turn out to be so vaunted. Look at the resources weve put into the region. Its hard to take a look at what President Biden has done and say weve gone soft on iran. Thats National Security Council Spokesperson John Kirby Fording The Response by israel on the forces of iran. Well go to the middle east in just a minute. Meanwhile more pressure is being put on Speaker Mike Johnson to bring an aid package to the house floor. Well show how the speaker is responding. And well get legal analysis on Donald Trumps Hush Money Trial. Its a historic day as were hours away from the start of Jury Selection here in new york city. Good morning and welcome to way too early on this monday, april 15th. Im jonathan lemire. Thanks for starting your day and week with us. It is a historic day here in the United States. And well begin this morning with irans retaliatory st
To fuel the countrys economy and military. [sachs] typically, American Foreign policy like British Imperial Foreign Policy before it, paid a tremendous amount of attention to securing oil for the economy. That includes who we have befriended, but it has also included us launching wars; stationing military bases; engaging in coups and orienting a massive amount of our Foreign Policy around oil. [mcnally] by world war one, oil was transitioning to becoming the lifeblood of modern civilization. If electricity is literally the circuitry, without which modern life is impossible, oil is the lifeblood. [jacobs] its both vital to our economy and its vital to our military. And that became true once we switched to an oil based military. [narrator] in recent years, the us Energy Revolution has shifted the geopolitical balance. [gordon] this is a new state of affairs. This was not happening a decade ago, but today 80 percent of the oil in america is sourced from north america; from the continent.
A steady supply of energy is needed to fuel the countrys economy and military. [sachs] typically, American Foreign policy like British Imperial Foreign Policy before it, paid a tremendous amount of attention to securing oil for the economy. That includes who we have befriended, but it has also included us launching wars; stationing military bases; engaging in coups and orienting a massive amount of our Foreign Policy around oil. [mcnally] by world war one, oil was transitioning to becoming the lifeblood of modern civilization. If electricity is literally the circuitry, without which modern life is impossible, oil is the lifeblood. [jacobs] its both vital to our economy and its vital to our military. And that became true once we switched to an oil based military. [narrator] in recent years, the us Energy Revolution has shifted the geopolitical balance. [gordon] this is a new state of affairs. This was not happening a decade ago, but today 80 percent of the oil in america is sourced from