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Transcripts For BLOOMBERG Bloomberg 20240703

This week alone up 33 basis points. Tom this week alone, history made. I think you will see over the weekend, how do we go back. Maybe we go back to 1870. The summation of four weeks of moving his history making. Jonathan need to look at the curve as well how things involved evolved. Lisa that to me is what i looked at, the fact that it moved to the opposite direction of what people thought. The long and would move down to the front and the front and would move down to the long end and you would get a flat or lower curve. Yesterday fed jay powell said it does not seem to be inflation, it is something else. It doesnt seem like we are overly restrictive. There seems to be a fear in his not only in their control. That is sort of a people are pricing into the market but still theres a chance of another rate hike. I do not know whether that matters. You saw the yields go higher after that speech. Jonathan policy is not too tight. Tom yeah, it is getting restrictive. We look at the numbers 2 ....

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Transcripts For BLOOMBERG Bloomberg 20240703

Market is positive by 0. 2 percent on the s p 500. Hours away from chairman powell and the News Conference. Tom it is a different it is changed outlook to the press conference that it was 48 hours boko ago. Jon it is not seven, it is six. It is not seven. The bad news, it is 6 inflation in the u. K. Lisa this is a positive but how much of a positive. The key distinction is the core measure came in much more than expected so stripping out food and energy, how much will we be talking about the difference between core and what you feel when you go to the store . Tom we are there when we are slicing and dicey like David Rosenberg. What you do with inflation and disinflation but the Central Banks torah centralbank story with me jon the highs going into this bad decision, crude we are right their own crude so the headline ver ....

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