Domestic and geopolitical tensions, everything from what is going on in minneapolis to the president versus twitter. We will obviously be taking you through those stories and a lot more throughout the day. The s p 500 is down 0. 25 . Dollar general is once again the best performer today, but retailers lower in the s p, from gap to nordstrom. Harley davidson down 7 , matt. I know you take a special interest in harley. Yuan something we are at. Ng a close look some pretty broad we getting this last week. Right now offshore, the yuan is 7. 1666. At the dollar has been weaker, but it has also been above 99 this week as well, so plenty of whippy action for the dollar index. Gold futures up 0. 8 . A lot of fed speak as well. We will be discussing what Loretta Mester said to bloomberg a little earlier on in a few moments, and we have Jerome Powell coming up in the next hour. 6 t Harley Davidson down yesterday, so it has lost basically 1 10 of its value over the last couple of trading sessions
Peoples sub conscious and unconscious minds on an involuntary basis people have no protection against the mean. And so therefore theyre very very powerful and before the prevalence of social media it was impossible to create these vast global murmur ations of means that would sway Public Opinion one way or another and so people are acting based on the meaningless fear in ways that they dont really understand however those who seek political power use it to their advantage and those who seek commercial power are using it to their advantage and so this is the age that we live in but were in the nature of involuntary actions driven by the defenselessness of the human mind against me means a group of people like in between can decide hey we have our means we understand our means this binds us together as a family these memes like pink will Jack Printing money money printer go broke. Its i mean we all instantly understand the Big Point Community we understand thats why we bitcoin and howeve
[bleep] is gonna change. I do it save jobs. Check you out. And i do it to make money. This the profit. [upbeat music] [truck beeping] watch your back. A. Stein Meat Products is a prime beef wholesale business in brooklyn, new york. For 75 years, theyve been selling Quality Meats to new yorks finest restaurants and butcher shops. Thats beautiful. And shipping their product all over the country. We carry a lot of choice and prime meat. We only carry a highend product. Howard mora. I also need about 20 prime loins. And alan buxbaum. What are you waiting for . Are sons of the original two founders. Together, they now run stein meats. And over the last 18 years, theyve grown their revenue from 4 million to 50 million annually. When our fathers first started, it was much smaller. It really expanded the business. Meat is a competitive business. And sellers like stein work on a very low profit margin. Meats priced like the stock exchange. You sell stuff for pennies a pound over your cost. And
Seriously when you have such weakened trading volumes. In oil, a choppy session overnight after a big gap down sunday. The direction now depends on when the Global Economy will be able to open up, and that will be the indicator for all of the economic data, as well as risk appetite. Time for todays market moving news from our new york team. We begin with a historic price deal. Plus coming to an agreement to to cut minutes output. ,inutes after the deal was done the Saudi Oil Minister saying that opec is up and alive. With more is in reordering. What do we with more is annmarie hordern. What do we know now . Annmarie they were able to finally clinch this deal, 9. 7 Million Barrels a day. I would say that the main takeaway, goldman put it as historic, but insufficient, given how bad the demand loss is and how bad the supply glut is. These cuts of 9. 7 Million Barrels a day. We should also say that goldman puts it at 4. 3 Million Barrels a day, when you take from First Quarter levels, ass
It was nominated for 11 categories, including best actor. Two of the nine films nominated come from netflix, the irishman, and Marriage Story. Global news 24 hours a day, onair, and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. His political fight for an vonnie it is 1 00 in new york, 6 00 in london, 2 00 in hong kong. On vonnie quinn. Welcome to bloomberg markets. From bloomberg World Headquarters in new york, here are the top stories on the bloomberg and around the world we are following. Earnings season, banks kick off the season this week. With ilanaak weinstein. Her views on the health of the Hedge Fund Industry and the supply demand dynamics. Outbreaks of the disease are increasing. Cases are skyrocketing in the u. S. , europe, and asia. Lets take a temperature of the market this month. Kailey leinz is with us halfway into the trading day. Kailey vonnie it is 1 00 in ne, 6 00 in we have be