Impacts the Monetary Policy path. And we have an exclusive interview from aspen. With apple the market value is said to drop with concerns over its sales outlook. Amazon soars. From washington im kailey leinz with guy johnson area but come to bloomberg markets, happy friday and happy jobs day to you. Guy im not sure i am happy about what has happened with what we see today. This week has been about abbasid massive move in the bond market. Is this because of the payroll number or because everyone has been selling all week . That is critical. And then you look at the wage data you had lot highlighted in the headlines, does that tell us the fed will struggle to get down to 2 anytime soon and if that is the case, should the bond market be adjusting to that . Im not sure our understanding has taken note big leap forward in terms of the evolution of the economy and what is happening with the labor market. Kailey good point. Two fridays ago the 10 year yield was 3. 83. We are still at 4. 11 w
With Security Forces to control of the countries main. Apples new crane says its destroyed, you know, the russian wall ship and its something to reinvent and attack. And the black sea will have the latest from keys the welcome to the program, china as well. That will be no quick fix to the struggles of the well 2nd largest economy. I do think of the National Peoples comb with invasion, premier lee chang announced the same g. D, p target of 5 percent as last year, but still fall below the double digit growth that power the economy for decades. They said that the goal of target to will be made much harder to achieve as the economy grapples with lower expos, reduced to consumers spending and Foreign Investments, as well as a property debt crisis. He also announced a 7. 2 percent increase in defense spending as taiwan sea is a chinese invasion. Katrina, you has bull from the great hold of the people. Chinese premier lee tongue addressed about 3000 of trying his most helpful officials in be
Stuart good morning, everyone before we go anywhere let me tell you about nvidia it started out this monday to the upside again. Not quite the Huge Movement that were used to but the giant a. I. Chipmaker is close to 800 a share and evaluation of 2 trillion thats how we start the monday morning, little change the dow industrial will be up a little 13 points and nasdaq out maybe 22point Interest Rates the ten year treasury right around four and a quarter percent, 424. The twoyear is well above 460 right now for 69. Bitcoin trying to hold onto the 50000 level its 512 as of now. Hardly any change for enterprises, gas 3. 26 thats average for regular 4. 7 on diesel. That gas way down close to a twoyear low, 172. Politics, Ronna Mcdaniel will walk away from her job as chair as a Republican National committee she lost the support of donald trump, the former president said he lead a united unified Republican Party he won the South Carolina primary by 20 points over nikki haley but the wall str
And check out the nasdaq. Also at record levels, a whopping 44 this year. Did you guys all have your money in nasdaq stocks this year . As you know, were not allowed to hold individual stocks. But you can hold nasdaq and qqqs. Its on pace to have the best performance in 2003. You act like you didnt have it. I have a 401 k . You want me to ask. Where do you have europes, steve . In a boat, a couple of boats. Yes, thats right the s p, half a percent. That index is up just 24 this year. And, of course, you made some money in treasuries as well if you invested at the right time. Take a look at treasury yields. There we go. 4. 01 on the 30year, 3. 87 on the 10. 3. 87 on the 5, and 4. 29. I dont know. Do you think 2024 is the year when we disinvert . Thats a question we have to be watching. Yeah, definitely, absolutely. Do you think happens . Why has it been inverted for so long is the question . As the fed does its thing, you would expect a disinversion yield curb. Eventually. It may not ha
Everybody for coming tonight for chris and the bookshelf for hosting. Yeah, i im really excited to be here and the book just came out a few days ago. There is just an article in the New York Times today about investors buying up properties. So its something that kind of drew me in for the last several years, and i just kind of followed that thread from an original study about Short Term Rentals. And im excited carol smith is here tonight, so im im thinking that the event will kind of go like this for the first half. Well kind of talk about what we saw, what i saw in my research, talk about the book, and she can talk about her organization renting partnerships and her role. And then we can talk back and forth and then well open it up to questions. So yeah, do you do you want introduce yourself. Hello, my name is carol smith and i am with an Organization Called renting partnership. Its and we have a unique Property Management style that allows renters to earn equity. Yeah. Yeah. So ive b