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Transcripts For BLOOMBERG Bloomberg Daybreak Europe 20240713

The eu finance minister told an emergency call today. Manus warm welcome. I am in zurich. Its all about the bond market. Andcurve could go negative we run the risk of japan if japanification. Good morning. Did Jerome Powell cut and undercut himself . Is history showing when you have these cuts in meetings, the stock market does not take it well because you get emergency cuts, what it is really saying is the cuts are not effective to solve the underlying problem. Jerome powell did hint at that. Hitequity market took a big as well as the bond market. Inus jp morgan say we are quicksand to negative yielding territory. You saw this collapse in yields. The question is, are treasuries now pricing in an aggressive recession in the United States of america . You have the rate cut from the fed, but was it a bozo in terms of communication . Have a look at gold, have a look at oil. The go ....

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Transcripts For CSPAN Key Capitol Hill Hearings 20240622

Guess who was on that Defense Committee that i got to work with . Barry goldwater. John tower, one of the great minds. Gary hart, democrat, one of the smartest people i ever worked with. People who had been basically given their limbs in world war ii. So it was a great experience, learning about threats and systems and spending and reform and all that. And then six years in i was able to get on the Budget Committee, which is what i always wanted to be on because i learned i havent told the story when i ran for the state senate, i said there were two things we shouldnt do. We shouldnt raise our pay because i wanted the legislature to be parttime. The second thing is i wont vote for any tax increases. So republicans win the majority and they decide to raise taxes, and raise their pay. So i turned the pay down, which i came to learn later most people thought i was nuts. The ....

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