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BLOOMBERG Bloomberg Surveillance July 12, 2024

Return. Cellent huge samestore sales beat at home depot. Now walmart out with a digital 97 at theirup online stores. Granted, it is a different a different mix than home depot. A stunning statement from the traditional of england, where i believe one and in will be shown the door. Anna they are hoping to do this through voluntary redundancies and retirements and the like, but they got to get to that number. Food was a bright spot at marks spencers. Obviously, the online shift on all of these retailers has structurally been dealing with prepandemic comes with costs as well for retailers. They need to reposition their businesses for a new world. Tom it is a really complex tuesday here on our simulcast. We welcome all of you on Bloomberg Radio and Bloomberg Television. Futures up eight. The vix is a stunning 21. 22. Unimaginable weeks and months ago. Really noting dollar ....

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FBC Maria Bartiromos Wall Street July 12, 2024

The. 5 million jobs to the economy in the month of may. The expectation was a loss of 8 million jobs. In fact, we had a growth in jobs, and the Unemployment Rate fell to 13. 3 . That is still in the double digits, but it is a lot better than an expectation of 20 unemployment by economists. So all in all, a much better than expected report. Joining me now so talk about this is the former jpmorgan chief economist, anthony chan. Great to have you this morning, your reaction to this jobs number. Its certainly encouraging. I think when we break it down, it really tells us that the brunt of the bad news on employment is probably behind us, but that doesnt mean that things are completely copesetic, because what you see in this employment report is virtually all the gains in jobs were due to those people that were laid off, on temporary layoff and now recalled back. When you look at the number of people that were not on temporary layof ....

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FBC Maria Bartiromos Wall Street July 12, 2024

The. 5 million jobs to the economy in the month of may. The expectation was a loss of 8 million jobs. In fact, we had a growth in jobs, and the Unemployment Rate fell to 13. 3 . That is still in the double digits, but it is a lot better than an expectation of 20 unemployment by economists. So all in all, a much better than expected report. Joining me now so talk about this is the former jpmorgan chief economist, anthony chan. Great to have you this morning, your reaction to this jobs number. Its certainly encouraging. I think when we break it down, it really tells us that the brunt of the bad news on employment is probably behind us, but that doesnt mean that things are completely copesetic, because what you see in this employment report is virtually all the gains in jobs were due to those people that were laid off, on temporary layoff and now recalled back. When you look at the number of people that were not on temporary layof ....

New York , United States , Hong Kong , United Kingdom , South China Sea , Brunei General , San Francisco , Tim Scott , Fox Newschannel , Jon Jonathan , Trey Gowdy , George Floyd , Hong Kongers , Los Angeles , Peter Navarro , Don Peebles , Anthony Chan , Maria Bartiromo , Unemployment Rate , Much Better , Bad News , Leisure Hospitality , Means Service , Service Sector , Service Producing , Hospitality Leisure ,

FBC Maria Bartiromos Wall Street July 12, 2024

The. 5 million jobs to the economy in the month of may. The expectation was a loss of 8 million jobs. In fact, we had a growth in jobs, and the Unemployment Rate fell to 13. 3 . That is still in the double digits, but it is a lot better than an expectation of 20 unemployment by economists. So all in all, a much better than expected report. Joining me now so talk about this is the former jpmorgan chief economist, anthony chan. Great to have you this morning, your reaction to this jobs number. Its certainly encouraging. I think when we break it down, it really tells us that the brunt of the bad news on employment is probably behind us, but that doesnt mean that things are completely copesetic, because what you see in this employment report is virtually all the gains in jobs were due to those people that were laid off, on temporary layoff and now recalled back. When you look at the number of people that were not on temporary layof ....

New York , United States , Hong Kong , United Kingdom , South China Sea , Brunei General , San Francisco , Tim Scott , Fox Newschannel , Jon Jonathan , Trey Gowdy , George Floyd , Hong Kongers , Los Angeles , Peter Navarro , Don Peebles , Anthony Chan , Maria Bartiromo , Unemployment Rate , Much Better , Bad News , Leisure Hospitality , Means Service , Service Sector , Service Producing , Hospitality Leisure ,

FBC Maria Bartiromos Wall Street July 12, 2024

The. 5 million jobs to the economy in the month of may. The expectation was a loss of 8 million jobs. In fact, we had a growth in jobs, and the Unemployment Rate fell to 13. 3 . That is still in the double digits, but it is a lot better than an expectation of 20 unemployment by economists. So all in all, a much better than expected report. Joining me now so talk about this is the former jpmorgan chief economist, anthony chan. Great to have you this morning, your reaction to this jobs number. Its certainly encouraging. I think when we break it down, it really tells us that the brunt of the bad news on employment is probably behind us, but that doesnt mean that things are completely copesetic, because what you see in this employment report is virtually all the gains in jobs were due to those people that were laid off, on temporary layoff and now recalled back. When you look at the number of people that were not on temporary layof ....

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