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BLOOMBERG Bloomberg Surveillance July 11, 2024

Tom keane taking one final day off. This market ripping through the month of november, adding weight to the rally this december. Lisa up 1 on what . Nothing it seems ahead of this testimony with chairman powell and secretary ma nuche chin. Lisa tom keen is so upset hes still in triple leverage all cash funds had he to take the time out to start his own Cooking Channel on twitter which is what he seems to be doing over the past few days. There is a question how much good news is baked in. We have gotten some news about vaccines looking for approval. Yet at this point, you have raised this again and again, john, how much scarring is there from record numbers of cases of covid, as well as hospitalizations. The numbers keep breaking all time highs. Jonathan the numbers arent going to be great the next couple months. Thats a given. I dont know how much we need to see thats really going to weigh on people considering how well anchored ....

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BLOOMBERG Bloomberg Markets Balance Of Power July 11, 2024

Declining. We saw a constructive things. Waiting for the eighth or ninth year of expansion is not a perfect strategy. There is an issue of wanting to do as much as we can to avoid exacerbating the longstanding inferences and get back to a Strong Economy or we can start making progress again, which is what we were doing in february. Senator smith as the fed chair and at the fed you have the mission of low unemployment and managing inflation. And this need to spur job growth. We said there is not been a big worry about inflation. What if the fed were to lower its target for employment, even under 3 . What impact might that have on addressing longterm needs for addressing inequality. Changeowell we made a in our operating framework which addresses that directly. We will have an estimate of the natural rate of unemployment. We will not act on that, even if unemployment goes below that, unless we see inflation or some other problematic ....

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BLOOMBERG Bloomberg Markets European Close July 11, 2024

Is come down really sharply on the brexit news. Walk johnson prepared to away. The pound is plummeting on the back of that. We recovered a little bit, but still down. 9 . 1. 12. E sterling is at in europe, the equities are rolling over, the euro stoxx the euro stoxx down. We have money moving back into of bonds, in the same in the United States. Lets talk about brexit. Prime minister Boris Johnson and the European Commission prime minister, set to start a crucial phone call starting about now. Could it be make or break . Pound falling sharply . The counseling sharply. Walk away. Pared to the real deadline appears to be eu summitahead of the on thursday. Joining us now, we have our bloomberg governments and brexit reporter. What are we expecting from the phone call with
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BLOOMBERG Bloomberg Daybreak Asia July 11, 2024

Want action to stop the virus fallout. Nato calls for International Cohesion on security. Consumer Price Inflation breaking out of south korea. We are seeing month on month deceleration of. 1 . The deceleration, though, is easing from the previous month when we had been pulled down and undershooting Inflation Numbers because of subsidies from the government. Also we are seeing acceleration of 0. 6 when it comes to the euro. Slightly missing estimates, but when you seek out fresh food and look at the core cpi numbers, it is still growth of 1 . Of course, we still have some spare economic capacity in south korea, but remember the Third Quarter final gdp numbers actually beat expectations, and still, Inf ....

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BLOOMBERG Bloomberg Markets Balance Of Power July 11, 2024

You have run one of these. You know what a gargantuan task it is. How difficult is it because we have been delayed getting it started . Valerie needlessly hard. The president elects team has been assembled, they have been working diligently on policy and staffing recommendations for the president elect, both in the white house and in the cabinet. Withe midst of a pandemic, millions of americans losing their jobs, it is more important than ever the agencies be available to the Transition Team. I always say one of the things that surprised me with president obamas transition was the unbelievable degree of cooperation we received from president bush. We may not agree with him on but whathat what president bush believed is a smooth and orderly transition from power. When president obama was leaving, he did the same thing in his direction for President Trump. This is not about p ....

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