Fastest car ever made, hurtling in space. Keeping the government chugging as oneas deal described nobody loves. It seems like life has changed and rather than talk about no volatility or low volatility in markets, the only thing both are talking about now is to get used to volatility. Andtility is here to stay, i want to show you a chart that reminded me of the great ernies peng lei Ernest Hemingway quote. This chart shows you that ed acency that is br the shortterm fix, the several to blame of the rapid selling in the session. You can see complacency all the way up until the very and, and then these devastating losses. Many warn us about these induced leverage etns, however, nobody thought would go to zero, as a got to zero yet but they are headed straight there. It lays the question or puts into question where it goes from here. Of aard from the likes credit analyst who warned about the shortfall trades prior to the selloff. Is now ang me it opportunity to start buying, but but the m
Post nine. Also joining us this morning on set, s p 500 Global Portfolio manager erin gibbs and Business Insider editor in chief henry blodget. Carl is on his way to pong clanclan pyeongchang. He made it. He did . Yes we have a lot to get to were having another wild session for stocks following yesterdays action you saw the dow end in the red for the third time in four se s sessions were down 430 on the dow. The s p 500 is down over 1 . Volatility continues erin, whats your take here . Is this just going to be something we finally starting to see again in our markets that we had become perhaps unaccustom to yeah. For us, were really looking at this as a full reevaluation whats the shift how are you going to allocate between bonds and equities valuations, we came in really high at the beginning of the year and all of last year every time the markets got pushed up, we kept saying well where else are you going to put your money . That was sort of the argument. And now were seeing some oth
An 11 rise in exports for january. Still both were higher than economists expected. Over in europe, a check on how were doing there. The dak dox down better than 1 n germany. Down about 1 across the board in political news, well, you want to look at these first . What . Treasuries. Of course. Dont want to jump past those. The tenyear it was sitting there. I didnt see it i was so excited for the political news 2. 831 is the number on the tenyear recent high was 2. 88 that happened in the midst of that payrolls report then the market turmoil. After that soft auction yesterday and the budget agreement with the raising of the spending cap, thats when you saw yields take that little bit of a jump higher should we do political news now . Lets do it the clock is once again ticking in congress. Lawmakers having until mid night tonight to pass a spending bill and avert another Government Shutdown this time theres a major bipartisan budget deal in the work democratic and Republican Leaders in th
Halftime report starts now. Just because were not up or down a thousand points of the dow does not mean the markets are calm in fact, the dow has been up and down tripledigits today now right now we are holding on to the strong gains, but with three hours to go, you never know what could happen risk also coming off just a bit as stocks rise volatility gauges are falling but the vix still above 20 match. Com soaring the dating site which oend owns tinder as more people sign up chipotle down and comp sales missing targets and it expects the decline to continue toward the middle of the year and wynn resorts and michael kors an and hasbro rallying and wynn, get to that story soon. Im Tyler Mathisen breaking news out of washington, Senate Leaders have announced a longterm budget deal. Kayla is on the hill with details. This is a deal in discussion since this fall. But earlier today just a few minutes ago leadership from each party in the senate took to the floor to announce they had resolve
Anna good morning, everyone. This is bloomberg daybreak europe. Breaking headlines from switzerland. Newing authorization of a Share Buyback program. The backward looking numbers netting. This comes in ahead of estimates. This is a year where we have heard from many of the insurance the backward lookingcompanies py natural disasters including forest fires in california and earthquakes and mexico. The only positive from the business perspective from all of that for the insurance sector is willthere is hope this lead to falling prices. That is one thing we are watching out for when we hear lead to falling prices. From swiss re. Regarding softbank, they have confirmed that they do have some interest in it. It is trying to turn it into a technology investor. It wants to purchase as much as a third of the swiss re business. They say they are in discussion softbank on a potential minority investment. We will continue to watch those headlines. Let us get an update on the markets overall. Let