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BLOOMBERG Bloomberg Markets Balance Of Power July 11, 2024

We have the travel and leisure stocks popping sharply higher. On the other hand, the stayathome trade, the zooms and the pelotons are down. Interesting to see how much of our behavior trickles forward into the future. Right now those stocks are being sold off. The one piece not quite fitting into the puzzle, bonds just about flat. Bonds not selling off. That may stick to the more difficult months ahead as the vaccine is raging here in the u. S. The virus is raging here in the u. S. Ahead of the vaccine getting out there. Bonds more nearterm looking at the reality. Stocks more optimistic, doing with the s p 500 does. Later alix david would be speaking with dr. Celine gounder. Paulsontime ago, henry appeared at the Bloomberg New economy for them and set a comprehensive new approach to u. S. Relations with china. We welcome him back to balance of power. Lets spend just a minute on the new
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BLOOMBERG Bloomberg Daybreak Asia July 11, 2024

Boost the recovery. Larry summers says the coordinated Global Response is needed. And airbnb books an ipo in new york, aiming to list shares on the nasdaq. Booking through september a total of 18 billion. Although it admits covid19 continues to affect the business. Lets take a look at the asx. More than normal when it comes to the australian soft market after it had the data disruption out. Yesterday was the longest outage in about a decade. Of course, it meant australian traders missed out on the bulk of the days rally. Only trading for a halfhour. We are seeing a pretty modest start, less than 2 10 of 1 higher at the open. Perhaps some caution there could be more technical difficulties. We are seeing gains when it comes to trading in new zealand. Nikkei future setting off on a bad foot as we are seeing some profittaking. It does look like the vaccine driven optimism and the rather we saw overnight will continue, with s p active ....

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BLOOMBERG Bloomberg Markets Balance Of Power July 11, 2024

Save the lives of one of your childrens teachers, maybe it saves your life. Please, i implore you, wear a mask. Do it for yourself. Do it for your neighbor. A mask is not a political statement. It is a good way to start pulling the country together. I want to be very clear. The goal of mask wearing is not to make your life less comfortable. It is to take or take something away from you. It is to give Something Back to all of us. A normal life. The goal is to get back to normal as fast as possible. Masks are critical in doing that. It will not be forever. That is how we will get our nation back, back up to speed economically. We can go back to celebrating birthdays and holidays, so we can attend sporting events, so we can back to the live and connections we shared before the pandemic. It does not matter who you voted for. We are americans in our country is under threat. We are now called to do the same thing generations of proud am ....

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BLOOMBERG Bloomberg Surveillance July 11, 2024

Nation, and Bloomberg Television as well. I love how we end our opening withistopher Christopher Verrone of strategas. A lot of people rationalizing where we are and beginning to rationalize outcome a way utes come on down 30,000 where we are and beginning to rationalize out, wait a minute 30,000. Jonathan lets be clear about something, they have been bullish and right through most of the last eight months. Most hatedlked about bull market, but this recovery has been underappreciated. I have sat here many times waiting for it to fade. It hasnt. But i think now things have changed. Restrictions are back. It is our closing indoor dining. The letdowns wont be the same as early spring, but the restrictions are there for all to see. The question is how much of this do you tolerate. ,om what is just as important moments ago at
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BLOOMBERG Bloomberg Markets Balance Of Power July 11, 2024

We said tuesday night we knew there would be an effort to count votes that will extend through the week, and now was not the time to get ahead of ourselves. This is how the electoral process is supposed to work. These votes are being counted that were cast in places like arizona. Stage votes were people dropped off ballots on election day. They were set aside, there love the last ones to count, they have a different look to them than the ones cast in advance of the election. We see joe bidens lead diminishing in arizona. In pennsylvania, they set aside all of the early votes and counted the election day votes first, which looked good for donald trump. Now they are counting those ballots that came in later through the electoral vote process, through the early vote process, and it looks much better for joe biden. Until the votes are done, this election is incredibly close, just like in 2016 we have to be patient to decide who the end is. I would say all indication in each of these open s ....

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