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Transcripts For BLOOMBERG Bloomberg Markets Balance Of Power 20240712

It is a decided direction and big tech. The lagging sectors are energy as Oil Prices Fell 2 , and health care. A picture of an economy that has largely stabilized but is also at risk of stalling out, especially if there is a second wave of the virus. No vaccine and no stimulus forthcoming. Jobless claims moving in the wrong direction and new home sales rising more than expected as americans continue to hunker down. The vix inching higher. It did get to 29. Treasuries are moving higher. That means lower yields, or at least it did before the most recent change, and the dollar stronger versus all of the g10 currencies except the loonie. Higher dollar means lower gold prices, and we have seen gold turnaround. They did fall to a two month low earlier. Gold could stand to use more groep to lose more ground. David i want to connect two things. You mentioned uncertainty be out the recovery, how fast it is coming back. Jobless numbers not ....

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