Operation twist, where we just had a liquidity dynamics last time i was on we talked about Earnings Growth bottoming and reaccelerating of course the rate of change is what boosts the multiple so were this one of those periods where it should extend not just through end of the year, but into the beginning of next year as well. So if you think about when those rallies stalled out after qe2, that was the point where everyone realized all that liquidity didnt really boost earnings all that much and by then stock prices were ahead of fundamentals but between now and then, i think that the path of least resistance is still higher lets take a quick look at treasury yields. The fed operations is a large part of why. The ten year is yielding 1. 73 and meanwhile Chinese State media, remember on sunday the pro democracy candidate scoring a landslide victory winning almost 90 of the district down can still seats. And now beijing is calling the election a setback for hong kongs Democratic Developm
March on the streets of hong kong in a new wave of protests there hoping to keep up their mental image of the landslide victory of prodemocracy candidates in elections a week ago. Im rebecca has welcome to the program on the eve of the International Climate summit in madrid to think u. N. Secretary general antonio the terrorist has issued a stark warning about the threat of Climate Change and has called for immediate action we hard in a deep hole and we are still digging soon it will be too deep to escape. I welcome the voices of the young activists been meeting they understand that we are job providers in their future that is why i will continue to push every the to keep climate at the top of the International Agenda good tears as statement follows the declaration of a Climate Emergency by a you know make his showing a heightened awareness of the impact of Climate Change for some people though in other parts of the world the issue is already a life changing one. Abdulhadi a fisherman
Tens of thousands of protesters took to the streets in lebanon today to mark independence day. The unprecedented wave of National Protests erupted five weeks ago, leading to the resignation of the Prime Minister on october 29. Protesters waving lebanese flags packed central beirut where music blasted into the night. Deeply divided politicians have yet to agree on a new government the United Nations envoy for yemen says the momentum to end the countrys war is building. Aircraft its points to a nearly 80 drop in airstrikes nationwide in the last two weeks. And a ceasefire in a key port city as reason for optimism. Griffiths told Un Security Council members today that the slowing pet tempo of fighting could signal a move toward peace of the arab worlds poorest country. Global news 24 hours a day, onair, and tictoc on twitter, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. Live from bloomberg world headquarters, im vonnie quin
And, antitrust allegations. An online merchant accuses amazon of using expensive the just six to move good, a tactic that could be driving up consumer prices, but first to our top story. One of teslas detractors just got twitter burned by elon musk. After he lashed out, the tesla chief offered him to take a tour on the companys facilities. Discuss, dana hull joins us. A little of the backstory. This has been a longrunning battle. Out anuarter he puts investor letter and e line loves this, looks for this and sent a tweet expressing sympathies. Tear,las stock is on a 40 over the last month. They have to explain to investors how they got the thirdquarter wrong. Tesla stunned everybody with a profit. Remembering something that happened earlier, signofft Elon Musk Twitter . It is important to know that einhorn claps back. He responded and said i will take your offer of a tour of facilities. Lets start in buffalo. Buffalo is where tesla builds its solar panels. The state of new york wrote do
Down on account sharing. And, antitrust allegations. An online merchant accuses amazon of using expensive the just six to move good, a tactic that could be driving up consumer prices, but first to our top story. One of teslas detractors just got twitter burned by elon musk. After he lashed out, the tesla chief offered him to take a tour on the companys facilities. To discuss, dana hull joins us. Give us a little of the backstory. This has been a longrunning attle. Every quarter he puts out an investor letter and e line loves this, looks for this and sent a tweet expressing sympathies. Teslas stock is on a tear, 40 over the last month. They have to explain to investors how they got the thirdquarter wrong. Tesla stunned everybody with a rofit. Now theyve got Upcoming Product launches. Maybe im remembering something that happened earlier, but didnt elon musk signoff twitter . Like monday or tuesday . Last friday he said he was taking a break. It is important to know that einhorn has clapp