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Crimes that he says japanese prosecutors, government officials conspired to bring him down. The president of the European Commission is warning britain that it will not get the highest quality access to the european brexit,markets after and less make major concessions. En says negotiating a new e. U. U. K. Trade deal will be tough. She also says that what Boris Johnson has imposed makes it basically impossible to strike a new agreement. The cancer death rate in the u. S. Has fallen by the most on record. Advances in treatments prolonged patient lives. The desk death rates of cancer declined 2. 2 . Global news, 24 hours a day on air and quictake at bloomberg powered by more than 2,700 journalists and analysts in over 120 countries. This is bloomberg. Live from bloomberg World Headquarters in new york, i am vonnie ....
Per hour, down about 5 Miles Per Hour from last call. Still though a category 3 storm. You can see the projected path that does include, by the way, over 14 million americans, Friends And Family in san diego. Were talking to you, sunday evening into early monday and neil, the rain out of this is going to be really impressive, especially east of the San Bernardino mountains. Here is what it looks like through this afternoon. The rain starts to move in. Through sunday tomorrow, the system itself skirting baja, california. Sunday evening into early monday is going to be the target time for the most impacts, flash flooding, winds, and hurricane watches posted. For the first time ever, los angeles and san diego under a hurricane warning. East of the San Bernardinos c ....
Session. Now things, if you can believe it, they arent as a bad as they were earlier in the session. The dow was down 706 points at its low, now down 442. The s p 500, its falling by 31 at the moment. The nasdaq is recovering somewhat from its low of 368 points, now down close to 134. And the russell 2000 is down by 17 points. Of course, those are the small caps, really not great with the Interest Rate outlook from the fed with todays gdp report. And that e do klein set in motion decline showed that the economy grew much slower than expected and that inflation remains persistent adding to fierce over Interest Rates and stagflation. Plus, Jpmorgan Ceo Jamie Dimon pouring more fuel on the fire, this morning he expressed serious doubts about the likelihood of a soft landing. I look at the range of possible outcomes, ....
Forbid, one day we get too restrictive policy that would end financial repression. Which year when we get there. Would we get there . Bill i think it would take longer than two years. To contract is neutral interest and right now it is below zero and it has been below zero the last five years. Prior prior to lehman brothers, it was 1 or 2 . What is the answer for a high level world that was damaged significantly in 2009 and 2010 . The fed is proceeding gradually. I think the neutral rate of interest in nominal terms is probably around 2 , 2. 5 . Is ituggesting 2019 is at 3 . It is approximately 0 on a longerterm basis, which means real Interest Rate at a zero percent level. It is a delicate process, and not only the fed, but the ecb, all doj all boj Central Banks have to tread carefully as they move up. Scarlet janet yellen stretched stress they were looking at a gradual rate o ....
Welcome to countdown everybody. I am live from london, this is bloomberg television. We are aware this morning that holding data is then with details of speeches have been canceled, on both sides of the Eu Referendum debate for a second day. This is of course in tribute to cox, alling of mp jo proponent for the remained camped. Markets theyll have been reacting to her killing, drawing their own conclusions about what this means for the future of the u. K. In the future within europe. Just a point out what has been happening to some of the betting odds around brexit, we have seen some of that coming down. That is as a continuation of the last couple of days mimissing te pound moving little bit higher. Radar,d be on the risk you can see how other Asset Classes have been reacting to the same news making its way into the asian equities at him. We see little bit of rally going on in ....