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Transcripts For BLOOMBERG Bloomberg Markets Americas 20240712

Rewards. All indices are higher in terms of the s p and dow. The nasdaq has turned lower in the last 30 minutes. Vix at 24. The euro continues to drive higher. 1. 1518. Strength after they managed to pass some grants and lowinterest loans to aid everybody. Of crude oil, Summer Travel season is in full swing as coronavirus cases pop up in cities across the country. Many are rethinking a potential comeback in the hotel and leisure sectors. Adam portnoy, is ceo of rmr group. Us,last time you were with it was toward the beginning of the outbreak in the northeast, at least the beginning of what we knew the outbreak would be serious. You were collecting commercial rents at a rate back then that surprised you. Beet been instance i since . Time wence the last talked, in terms of Economic Activity in our portfolio, we have over 2000
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Transcripts For BLOOMBERG Bloomberg Markets Americas 20240713

Lets get a quick check on the markets now. The s p 500 is not doing much, down just a point. Data,ing the disinflation the 10year yield at 70 basis points. Not much movement. Grubhub,ng a bid for according to people familiar with the metal. Restaurant brands international, the ceo just on tv making a bid for resuming business in china. Lets get a deeper dive into todays market action. Taylor take a look at the vix. You are seeing an extraordinary come down, down 17 points in the last month or so, now allow 827 handle, the lowest since february 24. We know that the fed will be buying etfs. With that, fear is leaving the market. I want to take a look at the balanced budget, or the lack of balance, that we will get around 2 00. We are looking at what could be the first april deficit since 2011. The tax deadline was extended to july 15, and all of the massive stimulus put in place will make what could be the first budget deficit that we will have in april, going back to 2011. You mentioned ....

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Transcripts For BLOOMBERG Bloomberg Markets Asia 20240713

No let up to the s p 500. After all that negative Economic Data, we have the 10 year yield back down to 65 basis points. Crude oil is trying to make a run for 20 a barrel, a whole . 14 lower their. The vix is trading just below 42. Halfway into the trading day. Lets get to Abigail Doolittle for some more detail. Abigail that was certainly a risk off picture. Thatinancial markets on dire Economic Data we have seen today. Subsector picture it gets worse. Look at the s p 500 energy index. Down 6. 3 . This antipathy in sympathy with the volatility for oil. We also have the bank index down sharply for a third day. More bad earnings from citigroup and bank of america. A global macro picture is not great. Auto down, airlines down even with a bailout. One area that is doing better is the faang index. It is doing quite well. A p ....

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