The 737 max grouting sends the company to its biggest defeat in with airbus. Manus warm welcome to bloomberg daybreak europe. Noouple of things about tariffs being rolled back and may be a ban on u. S. Companies selling their goods to huawei. There is more upside. According to jp morgan, 13 upside. There arent any bubbles here. There is 13 that left in the s p tank after the close of business on monday. You will not see a bubble until 3700, which they see possibly in the second half of the year. It is a great debate about whether these valuations are stretched or whether there is more miles in the tank. I know we have a cracking guest lineup to answer the question. Nejra a yearlong accelerated rally that jp morgan want to see. The recent rally has been led by the mega caps. The small caps have been underperforming. The putcall ratio has been dropping. Does that show that sentiment has got overextended . Most pessimistic in six months. In a lot of different indicators to look at and als
But security saying you will see the boj stop buying longer take 2020. In a move in the aussie in focus today. We are hearing hedge funds switching to bearish. The dollar is weaker ahead of inflation data due for november. Were also watching the thai baht, stronger against the ringback. Trade data against the greenback. Rishaad the Indian Trading day, futures are looking flat. What we have seen, discussing a short while ago, record highs for the nifty and the sensex. Friday no exception. It toheless, that brought a record high for the index of some of the heavyweight stocks. The rupee is flat. The 10 year yields, big move lurched to the downside, Something Like 10 basis point in terms of the yield. The prospects here of further Interest Rate cuts, again brought to the fore. It says something that has gotten more and more credibility as we do see further signs of weakness, particularly on the demand side from the indian economy. Thats a look at what we have in prospect. With look at wha
Yousef bloomberg sources said this week that saudi aramco earned 68 billion in the first nine months of the year, cementing its position as the worlds most profitable company. That came as a saudi news channel said the aisle the with sharesipo, trading on the local stock is strange. Local Stock Exchange. This is something which has been on the minds of policymakers and Investment Bankers and investors around the world for around three years now. About this delayed once 12, 18 months ago, while aramco was doing the acquisition of a petrochemicals maker in saudi arabia. Two weeks ago, we were expecting aramco was going to announce its intention to kick off this process. That got delayed as the government prepared these numbers you just mentioned, the 68 billion in profit. Now finally, we are expected to see the government and the Company Announced their shale will begin onsale sunday. We are in a tree at we are in riydah where they have some of the worlds biggest investors. There are mee
To see evidence we are going into something that is more of a slowdown. If im growing at 2 percent, im not as worried about that. Manus lukewarm reception. China stocks great the one your prime rate with more of a shrug than a had as the pboc missed its goal of repairing the channel. Warm welcome to the show this tuesday morning. The bloomberg dollar index, i assure you, was at the highest level of 2019. You can see here, this is real yield matters. Is that what is driving the dollar . We will find out from our guest in just a moment. Mr. Trump calls the fed her and this lack of vision. Trade wars anonymous, that is what im tagging the last 24 hours. Fast and furious cuts from the fed. I thought we would go for a stock. The 10year yield. 1. 59 . Goldman says it is overdone and oversold. Rbc says you could see a retreat to 1. 72 . There is something that of noticed. The threemonth call to put ratio is pretty darn expensive in the etf world. That could be a contrarian sentiment. Not ofte