Conservative voices, mornings with maria begins right now. Maria big show this morning, joining the conversation Dierdre Bolton and Kevin Phillips and jack otter. Rockbottom low Interest Rates and the trading environment when the numbers come out, futures right now pointed to higher opening ahead of the numbers and likely going to be the issue that basically sets the tone for markets as we await those thirdquarter results, jack otter, what are you expecting . Nice that we are expecting jpmorgan, jamie dimon is doing a great job, if they cant pull it off, thatll be a problem, with low Interest Rates, that will give banks breathing going forward, theres no real sight. Maria a writedown potentially for wework, unicorns that blue up. They are on the hook for uber as well. Aside from the wework story, aside from softbank which would take the biggest cut biggest hit, rather. Refinance and loan them money for lord Taylor Building which was supposed to be the wework headquarters which was an a
I am Katie Greifeld in new york welcome to Bloomberg Markets on this friday. You take a look at where the s p 500 stands in trading. Its a red day so far. You can see the s p 500 off about. 6 , slightly worse if you take a look at big tech. The nasdaq 100 off by about. 9 . All the while you can see the volatility rising a little bit if you take a look at the vix. Of course, still at pretty depressed levels, under 15 but getting closer and closer. Im thrilled to say we have a great guest on these markets. We are joined by rob arnott, Research Affiliates founder. Good to see you. Rob good to see you. Katie lets talk about nvidia because you warned in september you saw a big market delusion in nvidia. It was a great company, he wrote, but christ beyond profession perfection but christ beyond if it was perfection that it was priced for then, what now . Rob beyond perfection. Rather than singling out a single stock, its interesting to note that back in 2018, we developed a definition for th
Of theround the highs session after an earlier date. It is a relatively low volume week, its a spring break here in new york city, trading is closed on friday as well. Tends to be a holiday week. This has been the case in the past month or so, we have had this rift in u. S. Markets. Look your at the bloomberg where you simply have a chart should feel action of the s p 500 and ask, mastec and blue. All three major averages, the last time they had simultaneous records of a closing basis we have seen the sideways Movement Since then. A Biggest Group in the s p 500 index, one of them, financials. As we go into Bank Earnings, which is beginning later this week, we are taking a look at what the bk x, Kbw Bank Index says, specifically since march 1. It is down by nearly 9 . A note today for Morgan Stanley saying there is a bumpy road ahead for First Quarter big Bank Earnings. That appears to be further away waiting on sentiments. Counterbalancing that is what is going on in oil stocks. Oil it
Of theround the highs session after an earlier date. It is a relatively low volume week, its a spring break here in new york city, trading is closed on friday as well. Tends to be a holiday week. This has been the case in the past month or so, we have had this rift in u. S. Markets. Look your at the bloomberg where you simply have a chart should feel action of the s p 500 and ask, mastec and blue. All three major averages, the last time they had simultaneous records of a closing basis we have seen the sideways Movement Since then. A Biggest Group in the s p 500 index, one of them, financials. As we go into Bank Earnings, which is beginning later this week, we are taking a look at what the bk x, Kbw Bank Index says, specifically since march 1. It is down by nearly 9 . A note today for Morgan Stanley saying there is a bumpy road ahead for First Quarter big Bank Earnings. That appears to be further away waiting on sentiments. Counterbalancing that is what is going on in oil stocks. Oil it
Of theround the highs session after an earlier date. It is a relatively low volume week, its a spring break here in new york city, trading is closed on friday as well. Tends to be a holiday week. This has been the case in the past month or so, we have had this rift in u. S. Markets. Look your at the bloomberg where you simply have a chart should feel action of the s p 500 and ask, mastec and blue. All three major averages, the last time they had simultaneous records of a closing basis we have seen the sideways Movement Since then. A Biggest Group in the s p 500 index, one of them, financials. As we go into Bank Earnings, which is beginning later this week, we are taking a look at what the bk x, Kbw Bank Index says, specifically since march 1. It is down by nearly 9 . A note today for Morgan Stanley saying there is a bumpy road ahead for First Quarter big Bank Earnings. That appears to be further away waiting on sentiments. Counterbalancing that is what is going on in oil stocks. Oil it