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CNBC Fast Money July 14, 2024

But we begin with another tough day on wall street stocks hitting the skids as yields head south just adding to wall streets wall of worry wp Goldman Sachs, morgan stanley, ubs, bank of america all out with new notes raising the red flag on trade tensions hitting the market so what do we make of all this the sort of, i dont know, stuttering in the markets based on trade its interesting that youre getting some of the macro folks around the street starting to become a little more concerned when in fact i do think that weve seen bond yields telling us something very dramatic 164 we closed on the 10year dollar holding in. But i think the concern around the rest of the world truly that were seeing major contraction, a couple of pmis weve had over the last couple of weeks weve got regional fed surveys this week weve got a cpi number in the states which i do think the fed will be closely watching to at least give them something to follow ....

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CNBC Power Lunch July 14, 2024

Which he struck a very humble but sort of defensive tone in saying that libra is not intended to be an investment vehicle. Its intended to be a payment vehicle that the crypt okurancy will not be used for monetary policy, and sort of defending this as a way for facebook to provide Economic Opportunity to its users. But of course, he is going to be facing a very hostile environment when he testifies tomorrow, and certainly well see if that same tone is echoed by the treasury secretary when he speaks in just a few minutes. This is most notable because this comes just days after President Trump tweeted specifically about libra as well as cryptocurrencies, that could be construed, Steven Mnuchin is approaching the podium lets go to him right now. Recently, as you know, theres been a great deal of interest about
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BLOOMBERG Bloomberg Markets Asia May 9, 2017

Commerce at the race to the bottom. And im seoul, South Koreans are headed to the polls to cast their votes in this historic election after theous ter of the former president and what we are seeing geo political tensions u. S. Certainties with the and china. Ill have the details next. That is our top stories. South koreans headed to the impeachmentplal and of the former president. The next leader who is successful in this transition period. Take a look at this chart, amidst the volatility, korean assets have been resilient. D it has been ranged since 2011. Nd reaction to markets and valuations across the korean stocks in a world where we are seeing so much cheap money going into equities and going into yan. Arks and the and look at the positioning of going into the election, the currency is a good place to look at. If you look at cheapness. The g8, the gap at the moment this is ween the two chinas index as opposed to the other inde ....

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