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BLOOMBERG Bloomberg Daybreak Asia July 14, 2024

Return to growth. Results expected to confirm a 60 drop in operating profit rate and south korea Industrial Production for the month of june, when it comes to the seasonally adjusted monthtomonth we are seeing growth of 0. 2 . But still growth recovery from the contraction we saw in the previous. Estimates ofssing growth of 0. 3 . The number for may has been revised to a smaller concoction that it was thought initially, to a contraction of 1. 3 from a. Yearonyear, it is a bigger contraction than expected, a contraction of 2. 9 . The estimate was for a fall of 2 . It would mark the second consecutive month that the year on year gauge is in contraction for factory outputs and south korea. So both numbers missing estimates. The bigger fall is on the ronyear number from 2. 9 of 2. 0 . A down cycle in the Semiconductor Sector weighing on the economy. We are getting ex ....

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CNBC Mad Money July 14, 2024

Level, i was president thinking about the fed like everybody else i was thinking that stel, yes, stel is a wonderful thing. Hallelujah. What do i mean by scale a company with scale is a company thats big enough and powerful enough to control its own destiny. A company that scales is one that survives and then thrives in even the toughest environment that a fed chief is worried about or anybody else. Just listen to nothing but washington scale, scale simply being bigger than the other guy, a lot bigger is an enormous advantage we saw the benefits play out today. Exhibit a, amazon. It crossed the trillion dollar threshold this morning amazon didnt become this unstoppable behemoth because jeff bezos is brilliant, which he is. It got here by leveraging scale. Amazon is dominant because its so big they use that scale to get better price from the suppliers to pass on to you. We have antitrust law because when you get big enough, well, no one can compete against you bezos saw how he could use ....

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