Abramowicz. A special edition of bloomberg surveillance. What is the title of this program . Market chaos. We are going to do two things. We wrap around the date of where we are now in terms of assets. Of course, good conversation. Jon ferro, start framing with us. We will start with the price action. Huge moves in the equity markets. The biggest oneday drop that we have seen going back to december of 2008. S p 500 futures continue to roll over in the hour or so after that. In the bond market, you know all about it. Treasury yields settle down, coming down basis points. A monster move in crude. Sunday evening, lower on brent by as much as 31 . Lisa, this is the one i know you have been watching. Debt,opin highyield that is the biggest drop going back to 2009. Lisa when you look at past market routs, they always say that credit leads. A canary in the coal mine. This time, it was not. Some people think it is at the epicenter of what is to, with companies that are heavily indebted getting
Records. The dow 28,000 thanks to optimism on a trade deal, ral in Health Care Stocks and uppete report on retail sales, an indication the consumer which has been powering the economys still strong. Here arenghe clo numbers. The Dow Jones Industrial average rose 222 points, to4. 2800 the nasdaq up 61 and the s p 500 added23. The sixth straight weekly gain for the s p 500. The longest win streak for that index since 2017. Bob pisani takes a look at what to make of the bullishness. Another day of record highs. The s p broke out of therading range into record territory, universityia is growing and pretty fast frankly. A number of technicians have but notust the chartists ently feeling good about the trends. Eventrategistnd everyday Retail Investors are getting gunning hoe on the market. Barclays for example s that small caps are at a turning d point and poio outperform. Morgan stanley also saying a key rotation from Growth Stocks to value stocks is beginning. Even the average Retail Inves
Welcome to the programme. We start with breaking news this hour. Police in hong kong have used live ammunition during clashes with pro democracy demonstrators, shooting one protestor at close range. Activists had called for a general strike on monday, and have been trying to disrupt transport in hong kong by setting up barricades. Shocking pictures of the incident in the sai wan ho district were live streamed on social media. An unarmed demonstrator can be seen approaching an officer, and then falling to the ground after being shot at close range. Local media have reported that he is in a Critical Condition in hospital. Iam going i am going to show them to you now. We will not show the incident its self stop we will pause it. Itself. You can see the Police Officer grappling with a demonstrator. An unarmed officer approaches, dressed in black, a shot appears to be fired on the demonstrator. The ground unarmed demonstrator. The ground unarmed demonstrator. Local media report he is in dem
Hello there will be no more Warnings Issued for by lutes no longer a tropical system although youd be forgiven for thinking that it still was the curd is very obvious and is producing a vast amount of rain now on Mainland China mainly for grandeur but increasingly think it will drift westwards hong kong seeing the outer bands of it not the heaviest but that maybe some more to come 3 is the picture from monday and youll notice this big green blob drifting slowly west its developing right in and out through sichuan where maybe its not really wanted still could be sharing hong kong for the for Fujian Province i think probably is a dry one come tuesday there are potential to develop and thats the east of the philippines is one to watch just in case it follows a similar process but in the immediate future proffering showers its not up to. Place the philippines whereas spot tar not a difficult thing to do anywhere from Southern Vietnam to come but it autonomy and while the rains in holland o
Closely linked to the security situation just a few days ahead of the latest transfer from qatar there was a warning from the committee in charge of the weekly friday protest that they may return to the open clashes and confrontations weve seen in previous months that went away after this most recent payment came through it is election season in israel there are accusations against Benjamin Netanyahu the israeli Prime Minister that he is exceeding to extortion demands and presence from hamas in the way that these payments are being made weve seen in the last month an escalation in really in security around the gaza border fence with attempts by armed palestinian men to get through the fence weve seen rockets being fired out from gaza territories towards and into israel as well the security situation things very delicately balanced and now these payments are coming through and they are both presumably keeping that security situation just. Some extend under control and they are vital if