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Transcripts For BLOOMBERG Bloomberg 20240703

Abramowicz. Jonathan live from new york city, good morning, good morning for our audience worldwide. This is bloomberg surveillance alongside tom keene and Lisa Abramowicz i am jonathan ferro. The best day of gains since midseptember on the s p 500. Bonds are just settling down a little bit. Tom i will go with that, but it is fragile. I would say that it is a fragile calm at best. After the festivities in washington, the matt gaetz interview yesterday, i have had time to look at a set of charts. I wont bury you with the details but it is a peter pan economy. I have never ever seen some of these charts in any of my studies. We are in a bond land that is never ever. Jonathan the Bloomberg Team has done fantastic work on the numbers. The price disruption. The bonds showing 10 years or more. Slumped 46 since peaking of march 2020 according to data bloomberg. Just shy of the plun ....

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Are Rates High Enough? Fed Resets Clock on Interest-Rate Cuts

(Bloomberg) A string of disappointing inflation data has forced the Federal Reserve to reset the clock on its first interest-rate cut and re-evaluate the trajectory of price growth.Most Read from BloombergElon Wants His Money BackDubai Grinds to Standstill as Flooding Hits CityIsrael Reported to Have Launched Retaliatory Strike on IranRecord Rainfall in Dubai? Blame Climate Change, Not Cloud SeedingOil Erases Advance After Iranian Media Downplays Israel’s AttackChair Jerome Powell cemented th ....

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