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BLOOMBERG Bloomberg Markets Americas July 11, 2024

Holidays, keeping schools and restaurants closed. Stayathome orders will remain in effect with government outside only allowed with government permission. They have had 3000 deaths, most in the past month. Political president alliance is a sweeping victory. The races were boycotted by opposition politicians and criticized his be fraudulent. Has beennal assembly led by the man trying to oust the president for years. He is backed by washington and others who consider the presidency illegitimate. Global news 24 hours a day on air and on quicktake by bloomberg. Powered by more then 2700 journalists and analysts in over 120 countries. I am Mark Crumpton. This is bloomberg. It is 1 00 in p. M. And 2 00 a. M. In hong kong. I am vonnie quinn. U. S. Hospitals facing breaking points. The realities of running out of room to treat patients may be approaching. We talked to Northwell Health
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BLOOMBERG Bloomberg Technology July 12, 2024

Still prefer Online Shopping in the time of covid. Aus, facebook, historically staunch free speech supporter, they have cracked down on holocaust deniers and and have asked ads. Is it part of a trend . Recent gains have outpaced prospects for a quick end to the stalemate over fresh economic stimulus. Lets bring in abigail doolittle, following all the back and forth. Not good news for future stimulus. Also, bad news about some of the vaccine trials. Abigail there was a lot of back and forth. A topsyturvy day for stocks. Especially the nasdaq 100, down half a percent, up half a percent. To break a fourday winning streak, for the nasdaq, that was true for the s and p alsos s p 500 that index also. Disappointment that we dont have news on stimulus. Pfizer not continuing right now. A temporary pause for their covid19 vaccine study, as somebody fell unexpectedly sick. The story we have seen all year on a microlevel, uncertainty causing ....

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BLOOMBERG Whatd You Miss July 12, 2024

Did meet today, but there was no deal announced on a new round of relief. Weekly jobless claims this morning remained near 12 million, and the monthly payrolls data may still telegraph a great deal of doubt about the economic recovery. Investors continue to bid up stocks, the s p 500 and the nasdaq and the green, despite one of the biggest cliches of the year no connection between the stock market and the economy. Joe will put the cliche to the test today. Joe not everyone accepts that, even though it is repeated all the time. Our guest points out that if you were to break down stocks by quintile of sales growth, you see that the companies with the highest sales growth are on the right side, the far right column, they have the strongest yeartodate return, pretty clearly. On the left, the worst sales growth, you see the worst return. Judging by return performance of companies, you can see whether stocks are connected to the fundamentals. Romaine they look like they are. Some would argue ....

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BLOOMBERG Bloomberg Markets Asia July 12, 2024

Contraction for the australian economy. Worse than anticipated, but investors with a moment shrugging that off. Chinese markets under pressure. Quickly moving it along, having a look at what else is going on out there and doing that, of yvonne. With yvonne lets start with that aussie gdp number. The second consecutive quarter for the three months through june. And thee first first technical recession in 30 years for us trail you Australian Household spending well by 12 as lockdowns and restrictions shut out consumers. The aussie dollar against its u. S. Peers. Theres a new warning about the u. S. Economy with a fed governor ating there is uncertainty head. She told the Brookings Institution that america will be to depend on the fed and policymakers in d. C. As the economy continues to recover from the coronavirus pandemic. She says
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BLOOMBERG Bloomberg Markets Asia July 12, 2024

The show. A oneday day holiday on monday. We have seen initial gains of 85 , but still a healthy debut. A big ipo in hong kong. Smic is picking up 3 despite reports earlier. Gaining and alibaba is also up, close to four points. Currencies it onto in terms of cnh. It is around the level that it was fixed at. Pound, between brussels and london, increasingly concerned. It is currently down. 4 . 39, 1. 7 . Yvonne how they are going to reopen is still the key question. More than 4 incline. A rallyting a blip for reversal. Thisrine, we have seen text selloff just for a bit. Thisthat it can lead market at the moment or i looking too tired at the moment . On one side, you see the market really being driven with a lot of liquidity and strong retail participation, also in the u. S. , so i know it is contrarian, but when you look at the sectors, some of these companies are delivering on earnings. Fundamentalsat the and these companies that can achieve earnings growths. What kind of correlation ar ....

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