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Crude down, and participating in that risk on rally as well. Time now for global exchange, where we bring you todays market was a news from around the world. From hong kong to brussels, jahans burke and washington, our bloomberg voices are on the ground with this mornings top stories. , the death toll is now over 3000. Joining me is yvonne man. Heard of newst infections in south korea, iran, and spain. Germany, as well, and additional 188 cases. This virus has spread in 13 countries and 16 federal states. At this point, the threat level is at moderate, but could quickly change. Deathstioned the global now topping 3100. Theres also the corporate fallout we continue to watch, with nissan now saying they could be preparing for deeper cuts. The carmaker has been struggling ever since Carlos Ghosns arrest. This virus only exacerbates the troubles. There are signs of life returning back to normal in china. Just heard from han hi from hon ....
Katie theres a lot of right on the screen. Big tech also down 1 after the cpi figures with 10 year. Lets talk about that hot inflationary data slamming the door on the june fed pivot. Across the board this came in higher than expectations . Mike both headline and core was up. 4 which pushed up the year over year rate. A big disappointment to wall street. A disappointment to the fed. The fed has not moved its target rate since july of 2023. The inflation rate has stalled out. We have not seen inflation rise since then it has stayed roughly in the same place. It hasnt gone down and that is keeping the fed and investors unhappy even though the fed follows the pce numbers, these numbers matter to the market which banners to the fed. This means a big change in expectations. The market has priced out a june, july and september price cut and now we are back to a september rate cut but only to this year. Will the fed ratify that . They dont produce a new dot plot until then but the may meeting ....
To be here. Im here to talk a little bit about my book which is called the body builders, inside the science of the engineered human and some of the trends that i reviewed. Its funny to be here because im i left d. C. , i used to cover capitol hill a few years ago, i left and said i was never coming back. It actually relates because i covered congress for a newspaper in new jersey and i left in the middle of the Monica Lewinsky scandal. My job was to stand off the house floor and ask every congressman what they thought of the days news. So i quit my job and i went about as far away as i could go and i moved to the country of cambodia and i spent a year and a half there reporting on events there and it was an amazing experience, people were the country was emerging from 30 years of civil war, from a genocide in one one in four people died of murder, starvation and disease. What really struck me while i was there was this theme of ....
Middle of the Monica Lewinsky scandal. My job was to stand off the house floor and ask congressman what they thought of the days news. So i quit my job and moved to cambodia. I spent a year and a half there reporting on events there, and it was an amazing experience. The country was emerges from 30 years of civil war, from a genocide in which one in four people dies of murder, starvation and disease. What really struck me when i was there, the human resilience. D. C. , theres a lot of data there and information bush to be seeing peoples lives and how they bounce back, it started to change the way i looked at journalism and what i wanted do. And when i came back, i wanted to write more about the theme of human resilience and i found that in the United States, some of the most exciting stories of human resilience are being unleashed by technology. Thats what my book is about en ....
Financials hitting its high of nine years, bank of mek, citi, goldman, morgan stanley. Up a full percentage point qqq. And this rally is reaching all corners of the market with more than a fifth of the entire s p 500 hitting new 52week highs. Brian . Melissa, thank you very much. Im Brian Sullivan down in washington, d. C. What a day to be here. The good feeling after the speech certainly has investors feeling good. But speech aside, is the gop more likely to really get what they want . What are the democrats likely to give up to help the gop get to their goals . All that stuff from here. Great guests lined up from the Russell Senate building rotunda here in washington, d. C. Ill send it back to michelle. Actually, ill pick it up from there. Tyler. Welcome, everybody, im tyler mathisen. What a day we are witnessing. Record move for stocks, president s comments before a joint ....