Welcome to barrons roundtable would get behind the headlines and prepare you for the week ahead. I am jack otter. Coming up the worst of both worlds inflation ticking higher will Economic Growth is seeing a major slowdown. Invesco global strategist brian levitz says take a deep breath he is not worried. Its woodstock for capitalists of Berkshire Hathaway annual meeting happening in omaha next weekend. Resident andrew will tell us what to watch for at the event as shareholders worn Succession Plan later jack house twist on investing plant we begin with our expert panel and three things investors should be thinking about right now for the barrons roundtable at my it mit colleagues jack hough, megan, ill start with you after some down weeks and finally sent an uptick in stocks this week which was not bad on earnings mostly . Is a little wobbly there for a while without soft gdp weve got elevated inflation. Finanfinancing nerds across midn manhattan began beating their chest and stagflatio
Year this all has been happening as treasury yields started to pick up yesterday that kicked off the concerns the twoyear treasury yesterday topping 2. 16 . That was the highest level since september 8, 2008. You can see the twoyear this morning, yields have come back down a bit 2. 108 the tenyear is where the focus was yesterday. The yield there nearing 2. 73 . That yield backed off a bit, too. We will see the last meeting of fed chair janet yellen today at the fomc nice stories about janet yellen today the finale here as jay powell gets ready to begin february 1st. Some big stories were watching this morning jpmorgan saying that jamie dimon will stay in his role for about five more years. That time frame could suggest hes not planning on running for Political Office which has been speculated about for some time we talked to him about that last week in davos on this show the bank is promoting daniel pinto and gordon smith to copresident s and coos pinto oversees Corporate Investment b
Weekend. Greece wants the bailout talks to be done by early tomorrow at the latest. The key date to watch, folks, august 20th that is when greece has a repayment due to the ecb. And gloomy data on trait inflation. Investors show that beijing is about to roll out more stimulus. And watching oil. Prices falling for six straight weeks. Oil slightly low again. The latest lundberg survey shows gas prices down 11 cents over the past two weeks. That puts the National Average for a regular gallon of gasoline at 2. 71. Gas down 81 cents a gallon from last year. The dow and oil have gone in the exact same direction so thats why stock investors should care about oil. You know, its interesting because weve talked so much about how this is a huge tax cut for consumers. You just mentioned prices at the pumps down 11 cents at the pump over the last few weeks. You keep wondering when that payoff hits. We know what its done for highpaying jobs but its been less likely to show up in some of the weaker s
Hillary clinton visited a Union Training center in louisville. Sanders won last weeks primary in west virginia, a neighbor of kentucky. After beating 5000 to one odds on their march the premier league championship, Leicester City celebrated what is being called one of the greatest achievements in professional sports history with a victory parade, cheered on by a grateful city. Global news 24 hours a day powered by our journalists in more than 150 news bureaus around the world. From the Bloomberg News room, i am shery ahn. Bloomberg west is next. Emily i am emily chang, and this is bloomberg west. Coming up, the oracle logs on. Warren buffett comes out swinging with two big bets on tech. We will break down the berkshireapple connection. Apple turned heads when it jumped into the passenger seat with didi. We will have details on a potential ipo. Amazon is reportedly working on its own private labels for things like baby products, snacks, and Household Items. There is a launch planned for
Tiffanys now kind of hanging in there though. And delta is looking to make those tsa lines shorter this summer. Phil lebeau is live in atlanta with details. And hes going wait on a tsa line for us. Team player. And the one stock in berk shers beneficial she doesnt agree with. Shires beneficial she doesnt agree with. What could it be . Well find it. Steve leisman looks at the improving Economic Data weve seen. And jackie deing angeles is following stuff. And more. Two development that is the market has taken notice. First decline in the worst fears of the Global Economic melt down and u. S. Recession and Global Financial Systemic Risk and that is because of the improvement in the Economic Outlook of the data here. Lets look at whats happened for to the outlook for gdp in the Second Quarter. First quarter a meager 1 . We started with an outlook for 2 . And ill show you whats happened. Retail and inventory data. That bumped it up by. 4 to 2. 4. The home sales data existing in new homes ha