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Transcripts For BLOOMBERG Bloomberg Markets Balance Of Power 20240712

Sunday. Meanwhile we should note that this comes as joe biden is going to be attending a town hall on abc this evening. That is set to begin at 9 00 eastern. It comes as President Trump will also have a town hall at the 8 00 eastern our, and they will be on abc and nbc respectively. This is supposed to be the night of the debate, but that has been canceled. David dueling town meetings on two rival networks. Is there any reason to believe this information will interfere with that town hall meeting from joe biden tonight or with Kamala Harris being back on the campaign trail monday . Kevin no. They are saying theyre having rapid tests throughout several days, they test both of the candidates and staffers. President trump weighing in earlier today, saying he takes frequent tests but did not specify how many tests. David thank you so much to our chief washington correspondent. Every day bring some new development that may or may not affect the election. What are the markets telling us abou

Transcripts For BLOOMBERG Bloomberg Markets Balance Of Power 20240712

Investors trying to decide what is going on. That is showing a little but of haven assets. Bonds not doing much. With the kind of volatility we have seen, you would think there would be a big bid. Today there is a small bit, and we also have the dollar, which is seen as a haven. If the fed is successful with their framework shipped from august, which they will want to try to create is a strong dollar signaling and improving or a Strong Economy instead of hitting into risk assets. Today is a pretty solid day for stocks overall, but the week is more difficult. David september looks like in equities maybe we gave back some of the froth we created in august but we are always looking for longterm trends. You and i talked about how about high yield. Is that giving any signal . They do seem to be moving . Abigail highyield today not doing too much, but as you are just mentioning, and i love you are talking about the erasing of the froth in august, and then september right back down. Highyield

Transcripts For BLOOMBERG Bloomberg Markets Asia 20240713

Into the police, the wellestablished mechanism is to use the ipcc to look into those allegations and complaints. At this time, they have chosen or taken the initiatives to conduct a thematic factfinding study into the more significant incidents that have caused a lot of public concern. , it has already worked. The best way is to complete its finding and for society to examine the findings and have a good discussion on the outcome of the report. [speaking foreignlanguage] david ok, just to recap some of those lines. She is taking questions. Carrie lam says she will soon announce relief measures. We will bring you anything new out of the news briefing. At first wordok news with su keenan. With the new ecb chief christine lagarde. She has said that policymakers will be resolute in restoring euros in price stability under her watch. She also stressed to that an upcoming review strategy will be wideranging and will include the effects of climate change, as well as lowinflation. She will sha

Transcripts For FBC Varney Company 20240713

It right here live. And we are looking for more market records today. The dow and s p and the nasdaq, all expected to make records. It was a year ago today that the market was in freefall. Remember that . It was about 6,000 points lower on the dow. That is very much not the case today. Varney company is about to begin. David and there is news overseas. We are watching hong kong this morning. Monthslong protests are flaring up once again. Riot police fired tear gas at protesters this morning. We are going to be monitoring this throughout the morning right here. But lets focus on some positive news at home. A brand new sales record, Super Saturday sales hit 34. 4 billion, the biggest single day of retail sales in u. S. History. The figures coming from Customer Growth partners. Joining us is retail watcher michael zacore. Ive got to think this is all about the economy. We have fatter wallets because people are making more. Weve had increase in wages and we have jobs galore. Is that why pe

Transcripts For BLOOMBERG Bloomberg Markets Balance Of Power 20240713

Steven mnuchin are getting on the phone today with the top chinese trade negotiator to try and iron out more things. We are in this messy and game. Endgame. Essy we have been here before. We were here in may. This may still unravel. David i heard we have not agreed to a deal on soybeans. You think if they were close to a deal they wouldve gotten that out of the way, at least. Shawn what we are seeing as they are talking about the difficult issues on the table. The fact those around the table now and are being wrestled with is usually a sign of the end game being afoot. On soybeans, it is not so much they are debating how much china is going to buy. It is debating the details of when china will buy and for how long. Those are the details you will be ironing out to the end. Spinning. H sides are are they spinning in the same direction . It seemed like beijing was spinning in one direction and washington was spinning in the other. Shawn this been we get from both sides is both sides do a

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