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BLOOMBERG Bloomberg Markets European Close July 12, 2024

We are up for it faangs really driving that. We are up 4 . Usually a useful indicator in terms of risk sentiment. A clean kind of number actually providing one message from the market, confusion. The german tenyear guilt, we do have a bid on bunds, but the move particularly at the 30 end of the u. S. Curve really quite stark today, a big flattening of the curve. Alix it all depends on where we are in the u. S. Election. Nick wadhams of bloomberg joins us now. Where are we . Wheres michigan . Wheres wisconsin . Where is pennsylvania . Nick joe biden leads in wisconsin and michigan, and it looks like those numbers will hold. Wisconsin aspects to make a call later today, although the margin is so narrow that there will likely be a recount. President trump leads in pennsylvania, but both sides say they are confident that they will win that state. Essentially we are doing right now is playing a waiting game. There are states like nevada, pennsylvania, georgia where it is still going to take ....

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CSPAN2 In Depth Jill Lepore July 12, 2024

So little perspective on this moment, its quite impossible to say. I think the perception that many people in the United States and of course also around the world have that this is an extraordinary unusual time something we are the time out of time, will be curiosity in the future people will look back and wonder about that very wonderment i think its an interesting phenomenon. When you think about today do you compare it to any period in history . Jill lepore as a historian im interested in analogies we have a cognitive tendency to enjoy analogies to find d one thing to be like another all the time. Just in the same way and the kind of person that sees likenesses and family members, and look at a new baby and say, that looks just like great grandma someone so. Have the same time, even as they say i recognize a lot of that is minded perception, my need for familiarity. I think there has been for most of my career as a historian th ....

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BLOOMBERG Bloomberg Markets Balance Of Power July 12, 2024

We will move on to the second segment. Mr. Biden that was a productive segment, wasnt it . David that is a taste of what we got to see 90 minutes last night. Lets go to Kevin Cirilli in cleveland. Help pick up the pieces. What is the aftermath . Kevin Vice President joe biden speaking in cleveland earlier today before getting on a train. He will go to parts of ohio as well as pennsylvania to continue campaigning. He continued to criticize the president s tone and trying to move forward. Two other takeaways i would note. First and foremost, the last five minutes of the debate outlined we are getting set up to not know the results on november 3, and might not know the results for a week, dare i say a couple of weeks, maybe even into the december for the results. President trump and joe biden saying at the end they were prepared to take this all the way through the judicial syste ....

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BLOOMBERG Bloomberg Markets Americas July 12, 2024

Last night leasing a 2. 2 trillion dollar relief proposal last night. Joining us is emily wilkins, bloomberg congressional reporter. This mean something can get done, or something wont get done because it further polarizes any talks between pelosi and mnuchin . Emily i think we should look at this is a little bit of a lastditch effort on the part of the house. They have come down from 3. 4 trillion down to 2. 2 trillion. Theyve made it very clear they are serious about this. They have some Democrat Members in these very difficult races, having to go home and face constituents who are really hurting right now, so they are pushing for something to get done. Pelosi has said that the republicans need to come up on their offer. They have been this way for several months, so it is kind of now or never, but things dont ticket levy optimistic at this point. Guy do you think there is any chance that the president pulls a rabbit out of a ....

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FBC Varney Company July 12, 2024

These days lets face it can happen to anyone because incidents like this are becoming common. Dont like that, happen last night, the confrontation again in louisville, demonstrators try to set the library on fire, a black cop shot in the stomach, 24 rest, urban violence is an election issue and polls show a sharp decline for antipolice demonstrations. Thats that, lets get back to money. After battling the threat of impeachment, Speaker Pelosi and the democrats are pushing a 2. 4 trigon dollar stimulus plan, and was 3 trillion and now its 2 trillion, now they come down, we dont know whether the treasury secretary will go up from his original trillion dollar, 1 trilliondollar plan. Not that much action in stock so far today, the stimulus plan news not really affected the market, the dow will be down 100 ands and p down a little bit but the nasdaq looks like a gain of 16 points at the state, not
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