While maintaining the price of Economic Growth . This is bloomberg surveillance. Im mark barton. We have headlines from the ecb. It says debt sustainability concerns have risen in the last six months amid a potential increase in yields. The ecb says risks to Financial Security stemming from Financial Markets remains significant, mainly because of the possibility of a rapid repricing in Global Fixed Income markets. It says an abrupt repricing could materialize because of spillovers from high yields in advanced economies, in particular te advanced economies, in particular the United States. The fed has raised rates twice since last year and policymakers are predicting two more in 2017. Unconventional stimuli are moving close, the officials caution that in the light of inflation and Global Economic risks, qe must be unwound gradually before higher borrowing costs should be discussed. We will speak with matt miller about this. A quick look at the markets today. The stoxx 600 is up by 1 5 o
Closed up 22 points. S p. 18 . That is resilience. Im going to tick off how much bad news this market takes on a given day after very big run the last four weeks and the darn thing just keeps fighting. It can take a jab. It can absorb multiple upper cuts and simply wont stay down. Lay flat on the campus. First, former market darling. Aggressive Pharmaceutical Company punching back for months now, share price got cut in half today. Here is the stock that had come down from 263 seven months ago to 69 yesterday but it still managed to plunge another 35 in this one session. A sound is worth 1,000 words. Valeant including Hedge Fund Billionaire bill ackman. A year ago it was one of the best performing of all time but an astonishing tail spin since last august. You would think that valeant could shake up the whole market with the gigantic stunning decline, but hillarys wrath against the company hasnt resonated beyond this one poster child. Dont ever believe, by the way, anyone that says you
Hideous. Closed up 22 points. S p. 18 . That is resilience. Im going to tick off how much bad news this market takes on a given day after very big run the last four weeks and the darn thing just keeps fighting. It can take a jab. It can absorb multiple upper cuts and simply wont stay down. Lay flat on the campus. First, former market darling. Aggressive Pharmaceutical Company punching back for months now, share price got cut in half today. Here is the stock that had come down from 263 seven months ago to 69 yesterday but it still managed to plunge another 35 in this one session. A sound is worth 1,000 words. Billionaire bill ackman. A year ago it was one of the best performing of all time but an astonishing tail spin since last august. You would think that valeant could shake up the whole market with the gigantic stunning decline, but hillarys wrath against the company hasnt resonated beyond this one poster child. Dont ever believe, by the way, anyone that says you cant make money from
Best performing of all time but an astonishing tail spin since last august. You would think that valeant could shake up the whole market with the gigantic stunning decline, but hillarys wrath against the company hasnt resonated beyond this one poster child. Dont ever believe, by the way, anyone that says you cant make money from this election, if you listen to hillary, she could have gotten you out of valent at 86 when she was a serial raiser of drug prices. She shaved to 53. The pin action here so minor that its astounding. Another area, the spin off of this one or coming off hitting the one or front pin so to speak is a strike against the entire group or even the whole market. One pin into the gutter. It left the rest of the field unscathed. Sure, not everything was spared. Sorry, i couldnt resist that. But there is truly wasnt much Collateral Damage in the sector. You know what is incredible . By this time tomorrow we could know who the two candidates are for president , for preside