The s p 500 below its 100 Day Moving Average, suggesting it could follow that the german dax below the 200 Day Moving Average. There is a bright spot. That is the fact we have bonds basically come at this point they are slightly lower. We have a haven bid. The dollar at the highs. The dollar had been appointed percent. 8 since june. Bonds have been higher, the best week since august. This week is shaping up risk off. Aix the public was david couple of questions. What is going on with volume and volatility . Abigail i am so glad youre asking about volume. I was looking at the apap function on the bloomberg terminal and we are above the average volume. Sellers mean business. Upfor volatility, the vix is , the nasdaq 100 fix up above 40 the nasdaq 100 vix headed toward 45, heading for its biggest spike since july. The selling pressure is serious. Because we have signs of weakness in europe along with the s p 500 being below its moving average, the near and medium term buyers are holding o
A Global Travel slow down sends shock waves around the industry. I think the airlines will fail. This is a huge amount of Money Airlines will lose. In the u. S. Politics, super tuesday shakes up the race for the democratic president ial nomination. This is a big night for joe biden who beat expectations. The jobs report tops the week. The economic base is strong, the fundamentals are strong. Exclusive confirmation with the ceo of nissan. He said job one is to listen and learn. Its important for me to know what is going on down to our employees. It is all straight ahead on bloomberg best. . Hello and welcome. This is bloomberg best. Your weekly review of the most important Business News, analysis and interviews from Bloomberg Television around the world. Lets start with headlines. With cases of coronavirus mounting and equity markets coming off their worst week since 2008, investors were already on edge. Weak Economic Data from china did not help. Investors racing for more market turmoi
I feel like we are playing this exactly as we should. Ritika the Global Travel slow down sends shock waves around the aviation industry. I think the airlines will definitely fail. This is a huge amount of money the airlines are going to lose for 2020. Ritika in the u. S. Politics, super tuesday shakes up the race for the democratic president ial nomination. This was a big night for former Vice President joe biden who beat expectations. Ritika the u. S. Jobs report tops off a week brimming with data. The economic base is strong, the fundamentals of the economy is strong. Ritika plus an exclusive conversation with nissans ceo. He said job one is to listen and learn. Its important for me to know reallyrency, what is going on down to our employees. Ritika it is all straight ahead on bloomberg best. Ritika hello and welcome. Rupta. Tika give to, this is bloomberg best, your weekly review of the most important Business News, analysis and interviews from Bloomberg Television around the world.
This exactly as we should. Sends shockshowdown waves around the industry. This is a huge amount of Money Airlines will lose. In the u. S. Politics super , tuesday shakes up the race for the democratic president ial nomination. This is a big night for joe biden who beat expectations. The economic base is strong, the fundamentals are strong. He said job one is to listen and learn. Its important for me to know transparency what is going on down to our employees. It is all straight ahead on bloomberg best. Hello and welcome. This is bloomberg best. Your weekly review of the most important Business News, analysis and interviews from Bloomberg Television around the world. Lets start with headlines. With cases of coronavirus mounting and equity markets coming off their worst week since 2008, investors were already on edge. Weak Economic Data from china did not help. Investors racing for more market turmoil. Chinacturing activity in falling to the lowest level on record in february. Pmi data w
Bloomberg. You mentioned housing and todays gdp data when you look at that, do you believe that you have achieved a soft landing or are achieving a soft landing in the sense that removing to trend growth the rest of the year and next year that is our outlook overall, is for moderate growth of around 2 , pretty close to trend. Thats our outlook could be better. Could be worse you know, you never say youve achieved it. But thats our outlook we feel like our current stance of policy is appropriate as long as that remains broadly our outloo outlook. Donna borak with cnn. Chair powell, setting aside expectations for todays rate cut, obviously 97 sort of expected this would happen today, can you tell us more about the rationale behind moving at this particular meeting as opposed to waiting six weeks and cutting in december and if there was any discussion about that around the table . Thanks. Yeah. I think this seems to be the right movement you can see we had our usual range of prospects, ra