14 days to the election. It is a tuesday october. Obviously. Lettingpreme Court Pennsylvania go after that election to count ballots. Weve got lots of politics to talk about, and extort an area markets after the drop yesterday that we saw. How much do you think link yesterdays 700 point down drop to stimulus . Jonathan not me, but i think other people might make that link. I think if you want to make that inconsistency an because treasury yields climbed. If you think all of this stimulus was going to drive yields higher, then stimulus talks pulling apart would mean lower yields, higher yields. I think the temptation is to take every single piece of price action and draw a line back down to d. C. From wall street. Israelcretary mnuchin in for the important siding of the united arab emirates, israel, and United States of america. He will have a call with pelosi. Pelosi is going to be briefed by westin later on bloomberg. Lisa i am trying to understand Mitch Mcconnells role in all of this
Prices are down more than 30 percent. Saudi arabia pushed back. Here is the secretary general. Last four years and a half, we have a price decline. Theave to wait and see how market will set. I have said many times you that we dont want to panic. I mean it. Federal regulators are now formally debating a nationwide recall of 40 a faulty airbags. They have told japans to Cott Corporation to recall by december 2. So far, they have recalled the devices in areas with high humidity which is blamed on making bags malfunction. Gains in Consumer Prices fell for a third month in a row. For the first time ever, yield on the twoyear note fell before below zero. British prime mr. David cameron is raising the prospect of britain leaving the European Union over immigration. Cameron wants leaders to restrict welfare payment to immigrants. He also wants to reduce immigration levels. Immigration benefits britain. But it needs to be controlled. It needs to be fair. And it needs to be centered around our
From our studios in new york city, this is charlie rose. Digital journalism is changing the way we consume news. Information and social media has a landscape that has had a far ranging impact on our daily lives, including investment decisions. Here to talk about it is josh ltz asseto of ritho management. Joe weisenthal of bloomberg news. Felix salmon is executive Senior Editor at fusion. Megan murphy is head of fast ft , a service that delivers marketmoving news 24 hours a day. She will become Washington Bureau chief for the Financial Times in january. What is it exactly you do . Give me a sense of your day. I started at bloomberg a week ago. Picture, when i was at it wasss insider, basically reporting on the news in real time, trying to bring financial journalism up to the speed that the internet and also take advantage of the due outlets that we have, social media, getting the Financial News through the proper channels. With Global Markets the way they are, what time would you get up
From our studios in new york city, this is charlie rose. Digital journalism is changing the way we consume news. Information and social media has given life to a landscape that has had a far ranging impact on our daily lives, including investment decisions. Here to talk about it is josh brown, ceo of ritholtz asset management. Joe weisenthal of bloomberg news. Felix salmon is executive Senior Editor at fusion. Megan murphy is head of fast ft, a service that delivers marketmoving news 24 hours a day. She will become Washington Bureau chief for the Financial Times in january. What is it exactly you do . Give me a sense of your day. I started at bloomberg a week ago. Big picture, when i was at business insider, it was basically reporting on the news in real time, trying to bring financial journalism up to the speed that the internet and also take advantage of the due outlets that we have, social media, getting the Financial News through the proper channels. With Global Markets the way the
Increases financial uncertainty. What it clearly does do is add additional volatility. My conclusion would be increasing volatility and that will be with us for a while. Asian and european stocks are down or indicate u. S. Stocks will open lower as well. The sixth straight day of decline. Bond yields and set record lows in japan, germany, italy and five of the euro area nations. The west tenure is only 1. 73 . Cheap oil and u. S. Growth are not the solution to Global Economic woes. Christine lagarde spoke yesterday to washington. The question we have at the moment is should Lower Oil Prices and a stronger economy in the United States make us more upbeat about the prospect for the Global Economy . Most likely, the answer is no. One risk according to Christine Lagarde, that the fed could disrupt Financial Stability by raising Interest Rates. She did not get even get a heads up or know about the s p policy change ahead of the time. Not in the loop. The price of oil up as much as 3 this mo