Good but still will not accept they should be law. Asia is set to follow wall street higher as investors weigh theirdevelopments against cases. The s p climbed for a Third Straight day. Shery lets get you started with breaking news south korea. We are seeing inflation rising faster than expected. Both the month on month and year on year figures now escaping that disinflationary territory. Month on month inflation rising 0. 2 and 18 expectations. The expectation was for no change, also coming out of three months of decelerating prices. When it comes to the year on your numbers, the inflation remaining flat. The expectation was for prices to contract, and its also coming after falling into disinflation for the First Time Since september. Core prices your near rising 0. 6 , which is a faster gain than was expected as well. We have seen a little bit more demand coming from china. The export slump in south korea also easing for the month of june, not to mention exports to china in fact rose
Complete decoupling from china. China and the u. S. Really in the focus. Decouplingthink that , interesting to hear out of the president s mouth. Definitely a lot of chatter that that could be the trajectory. We did see, even though we finished flat on the day, we did see some strength. A lot of those stayathome names, the zoom info. We mentioned this a little bit earlier, spotify having a monster day. They have been buying up all of these sort of podcast companies. They now have this deal with dc comics. Everyone has a deal except us. Taylor i will just ignore that entire thing. He did mention the retail investor. That leads me into the next thing that i want to talk about. It is thursday, which means we get that survey from the retail investor. They got spooked last week. Sincergest weekly fall january, down to about 47. 8. Clearly, some of the bears coming back out after seeing some of the bull action activity that we have been increasingly talking about. U. S. Off 13 . 50 million i
Business partners to speak of the future that they see in entertainment and education, which is front and center for mr. James. But also his future in basketball. This is a lengthy article. You will see a special tomorrow on Bloomberg Businessweek. We will have highlights for you all through the morning. Lebron james is something very different. For our International Audience, basketball is a shockingly simple game. Five players aside, there is a circle at the end 10 feet off the ground with netting, real simple, you put the ball in the basket and you go home. No one has done it like lebron james. I want to make clear, the shock of lebron james is that he is only 69. There are many other bigger, taller people in the sport, but no one has executed in the game like mr. James. He is called a power forward, and that is a big deal for a little guy at 69. Here is lebron james on his new entertainment venture, springhill. Lebron it stems from my upbringing, from akron. For us, when we talk ab
1 2 3 boeing is having a big day today. The reopening trade is in full effect Piper Sandler is up today. They say the pain trade is up. They reiterate their 3,600point yearend target for the s p, which sounded crazy when they first put that out, but now i wonder if we have to start looking at that as a coming formali formality, as crazy as that sounds look, ive been adding capital to the market and if you asked me a month ago what i would be doing, i would tell you, i would be down 50 in my exposure not for performance, but for taking money off the table this has sort of hit the frenzied period. The reason why its doing that is because its a valuation holiday, its a fundamental holiday. And when you see things that are happening in the real world, the social injustice, the division in the u. S. , the division in terms of International Relations with merckel not wanting to come to g7, with the relationships of china, you would say, you know what, the markets getting through that so i fe
All about the big game of chicken that is breaking out in china, but first, what is the real read on retail . The Group Holding strong as we wrap the major week of earnings and we could dash hopes of any robust retail rebound and another 2. 4 million americans filing for unemployment last week and while we all knew that the number would be awful, it may not be telling the whole story. The total claims exclude hundreds of thousands of selfemployed economy workers, as well. So with millions of americans and millions of consumers out of work, which retailers are best positioned for this road ahead guy. Hi, mel hi, guy i feel it necessary to say hi so i wont see you so which retailers are best suited in this environment and thats a great question and something well talk about and i know steve will talk about costco correctly and karen had thoughts on t. J. Maxx, but the one i keep coming back to is Dollar General and i think Goldman Sachs just initiated the name with the 202 price target a