Finally, the new leader and how he may be able to help the stock that has slumped postpandemic. Caroline it is time to move on from the potential cage fight elon musk, but will wait . But will we . I am looking at the nasdaq, managing to pick ourselves up from the concerns we had from china. The big chinese names that are traded here in the u. S. , they are still under pressure as much as they were in earlier days trading. We are now off by half of that, this is the anxiety around both management and exposure there over in china, and warm with the property market, how much of the market will stimulate this economy. There are some anxiety in the bond market, a couple of weeks, in terms of the 10year, 4. 2 on the 10year that we see, 5 on the two year, we see that yield move absolutely higher on the tenure as it stands 10 year as it stands. We have seen a knockdown on sunday trading but that is then volumes, we have volumes no matter what asset class you look at. Im looking at what is hap
Bobby kotick, is telling us how hes turning one of the most popular games into a Sports League of its own. First, the dow surging back after a spike in rates this morning. A loss is what happens when there are more sellers than buyers those losses were shortlived with the dow closing basically flat so with stocks near record highs again, we thought we would play a Little Mission impossible stock. Your mission, should you choose to accept it, find a cheap stock trading on the s p at its highest valuations in a decade we have our own tom cruise at the desk in the form of tim seymour. Maybe rob lowe. Jack wagner, maybe. We talked about if the airlines are cheap ill leave that to them, if theyre so inclined. Look at Prudential Financial that stock is trading ten times forward p e. They just raised guidance recently if youre looking for places that still offer value, and potentially a rising rate environment, a name like pru will get you done. Financials. With an insurance tail. Im going to
There is a little bit of a downside on the stoxx 600. Eurodollar, little bit of an improvement there. Coming up on bloomberg surveillance, we talk european growth. To our man from jpmorgan. Then we talked to teri haynes. Of the get a preview state of the Union Address. A lets get to the bloomberg first world news. Nejra the house of representatives has committee has voted to get clearance to release a republican memo. It alleges bias. Say thetive republicans investigation to come in ties to the white house are under false pretenses. For the first time the 10 years or so i have been on the committee, there is a vote to politicize the declassification process of intelligence. That would could potentially copper my sources and methods. The u. S. Secretary has announced a list of oligarchs in russia with ties to vladimir putin. It includes 96 oligarchs. Willmed will not all not automatically face in the sanctions of inclusion may cause banks not to do business with them. There is fragility
Heinekens fouryear earnings, but the dutch brewer forecasts a lower marketing ahead impacting the environment. What were striving for is around 25 business points extension due to residual due to the fact of major integration in brazil at midyear. And the shares on the rise in one of the largest Pension Funds are teaming up in a potential 10 billion euro lid for a Specialty Chemicals unit and President Donald Trump prepares to unveil his 200 billion infrastructure plan relying on local government to rely on the heavy lifting. Good morning, everyone and happy monday, well probably have to pull you away from the Winter Olympics to see how the markets are doing, i had to do that myself. The picture is one of green. As you can see, everything is looking a lot more positive compared to the moves overnight. Overnight trading closed for the session, but the other indices were spiking and what that has meant, stoxx 600 opening up very strongly, about one hour, trading up 1. 6 . Lets look at th
Stipulation, what are you looking for . That is where you see People Holding on looking for the quick snap backs saying im out. Ive seen this happen in the equity space. That does not mean we will see a quick snap back. Is now signals to me were going to see this market level off and sideways trade backandforth. We may see the market down 300, i don terms of the vix, think we have hit that point. Im just looking at some notes here. I think we will see a little bit of a mindset. Instead of the trading range being knighted in a half or 12, we saw the elevated a little bit. We saw the market big in the morning, but what happened . Vix was also up. That was kind of the key that maybe something has happened here. Im looking at that in an opposite way. Im kind of seeing signs that that may just be coming down a little bit. [no audio] [no audio] in the meantime, i wanted to nt out is julia mentioned ou look at the chart, we had the biggest oneday decline since december of 2008. It has come ba