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Still have a crack at taking the senate, but with biden inching to the white house, what policymaking is the market baking in . Biden hasy rains, but taken many by surprise. Joe the real winner this week, not biden, not trump, the good old 6040 portfolio. Everybody had left it for dad not long ago. Theof the best weeks for 6040 portfolio in a long time. End of election volatility. We are not likely to get a big stimulus. The diversified investor wins again. Romaine another big winner on the week was anyone shorting volatility. Most volatility measures started to pick up. The idea that we were going to get a contested election, at least today it looks like we may get a result here. That seems to have settled the market a little bit here. Some clarity as to what congress will look like. Your main measures of market volatility, and bond market volatility, all moving forward. Keyline diversification is and Asset Classes for the year th ....
Housing starts surge 2ging 22 n july countdown to a record. We are above it right now. But as we have said, we have been there before. 59 minutes until its official will today be the day . I dont know, mike san toll ji not here. If you missed out on the markets stunning rally, is it too late to jump in now . Well ask founder Mike Novogratz for his take and a world of difference. How much the Global Economy has been altered and the challenge thats remain with David Melpass. Lets get to the stories were watching bob pisani is marking the action sara has new details on one of the biggest earnings and bob, lets start off with you. Its technology. There is the tech on the upside. A little Consumer Discretionary. That is amazon and advance auto parts. This the he d ....
To accept a new deal brexit. German officials expect parliament to stop any attempt to take the u. K. Out of the eu without a deal. At least four people have been injured in an explosion at a Russian Military base. The russian defenseman of Ministry Says the last occurred at a storage site that holds charges for artillery shells. The explosion happened 10 miles away from a city. Those residents are being prepared for evacuation. Global news 24 hours a day, onair, and tictoc on twitter, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. It is 1 00 in new york, 6 00 in london, 1 00 a. M. In hong kong. Im vonnie quinn. Welcome to bloomberg markets. From bloomberg World Headquarters in new york, here are th ....
Show you how it had transpired throughout the day. We know the plunge in shanghai overnight cap it all over global equities. But mainline stocks are not included. You dont see the big drop in hours. 2 ocks 600 film and fell more than 2 . The index is currently down by 7 10 of 1 . Moreker market means demand for treasuries and higher prices means a lower yield. Remember, the fomc begins a twoday meeting tomorrow. The concern is the fed wont be able to consider to signal on wednesday that they are confident of a rate hike even though business is so far recovering from we miss in the first half. And taking a look at the dollar we instead, the u. S. Currency falling. A lot of analysts say the dollar could be weakening because of lowercost oddity lower commodity prices. Mark lets take a look at some of the top stories we are following at this hour, investors worldwide are wondering how are the damage could right after chinese stocks suffered their worst day in eight years. It the shanghai c ....
It is pretty small. We are looking at small moves for the major averages. A mixed point at this point picture at this point. Really tells us investors remain uncertain about so many macro concerns out there, from geopolitical concerns, uncertainty in d. C. , watching Hurricane Irma and the impact force since four sections in the financial market. Believes that in the relatively near term, we are going to see new highs for the major averages. Despite the bearish activity that julie was talking about, over the mediumterm, new h ighs. We will see if that happens. Kroger down 6 after the Grocery Store beat sales estimates. But they abandoned the practice of providing longerterm guidance. It is thought this has to do with the competition of amazon coming on. Investors not liking that. Equifax down, plunging, a big breaching that could affect 143 million american consumers. Chipotle ....