Getting out to 2021 and even trying to have our central bank centralbank measure 2022. Jonathan looking forward to that conversation in a couple of hours right here on bloomberg surveillance. Weve also got to talk about the projections. We have not had projections from the Federal Reserve since the summer of last year, and they were looking for 3. 5 unemployment in 2020, and gdp growth in and around 2 . Nobody saw the revisions that would have to be made just half a year later. Absolutely extraordinary. You see it within the economic at a have been talking about. As Olivier Blanchard mentioned in our show open, the challenge forward is on policy. I know you were long amazon and apple yesterday, driving forward the nasdaq. Was. Han i wish i not just yesterday, but through the year as well. Tremendous performance in this equity market. Who would have thought we would have the revisions we are about to get later, and this equity market would be higher versus where it was in december . Spe
Bestselling has e selling has ebbed somewhat. David we get the advanced goods trade balance for the month of may. At nine 30, ecb president mario draghi, bank of England Governor Mark carney and bank of japan and the bank of Canada Governor will speak at the ecbs forum over in portugal. At 10 00, it is u. S. Pending home sale numbers for the last weeklynd we will get crude inventories data after oil has come off with its most consistent gains in almost a month. Jonathan that is the lineup for the rest of the day. The lineup for the next 10 minutes, if you want political theater, you will want this. The house of commons where Prime Minister theresa may will be taking questions for the First Time Since the general election, pitting her against the labor leader in the opposition, Jeremy Corbyn. T is may versus corbyn you can watch that on your bloomberg terminal. That will begin shortly. Over in the United Kingdom, the story in the world of Central Banks is the fed taking notice of rising
The states haven safe haven and you mentioned the dollar index up by. 3 and you have retail sales and potentially more support for the dollar in the next couple of hours. David its time for the morning brief and we will get the retail sales that alex referred to alix referred to. Nafta talks and Missile Defense talks get underway. Walmart reports secondquarter results. York, today wew have President Trumps returned to trump tower for the First Time Since his inauguration and the chief washington correspondent has come to new york with the president. Kevin cirilli joins us from midtown manhattan. Welcome to new york. Let me ask you, why is the president in new york today . What does he have on his agenda . Events. Ot much public later this afternoon, President Trump will be signing some sort of executive order and action regarding infrastructure. According to a white house official, he will be establishing discipline and accountability in the Environmental Review process. No other detai
What lessons are there for other companies . We are one hour from the close of trading. Lets go to julie hyman with the latest. Julie i wanted to mention a headline on consumer borrowing. Fastestin march at the pace since november 2001. 29. 7 billion. Os and credit autio card debt going up. All three major averages rising to the heights of the session. Take a look at the trajectory of the s p 500. It has been all over the place. Futures, andine in then we had stocks bouncing around for much of the session, going green around 2 00 p. M. The dow was the first to make that move. To weigh whatng exactly the jobs report means and it looks like not really coming up with a unanimous decision. If you look at what is contributing to gains right now, youve got amazon bouncing back from some declines to past few days. Facebook rising and alphabet. Also if you look on the flipside, what is dragging the most, weve got apple going down. It has been almost a straight down the line going back several
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