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CNBC Squawk On The Street July 13, 2024

Spending in france and switzerland neglect any of if january and twos, threes and fiveyears are measured in basis points the dow plummeting 3200 points in the week the worse since the crisis yesterday experienced the biggest oneday point drop ever, 1,109 points as we approach the end of the red february for stocks the dow is the weakest of the three major indices, down almost 9 monthtodate. Goldman again this morning, jim is saying they dont think this is over and that buying the dip is in their words riskier this time theres no doubt about it s theres a part of of the s p and its good to look at individual stocks here that are not buyable and if anything its involved with travel and leisure, autos, housing, because house something sl housing is slowing down and i dont thinkfed cut rates it would matter we do need to talk about something at the cooperman, and ive always talked about which is the algos are in charge i noticed this morning at 3 00, what am i doing up at 3 00 the bond
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BLOOMBERG Bloomberg Markets Balance Of Power July 13, 2024

Reports bloomberg has seen. Nonetheless we have a virus which continues to spread. In iran we have 19 deaths. The first case in latin america that,zil on top of greece, bahrain, and kuwait adding to numbers they have already. The Disease Control of the European Commission battening down the hatches as in italy we see the death toll mount and the number of cases multiply. In britain we have an isolation facility being set up at Londons Heathrow airport. This is in the backdrop of an overseas expansion. I mean outside of china. In china itself, the spread seems to be getting slower. Anomaly, 400is an one new cases in the last 24 401 ins opposed to the province. There are economic consequences. David lets talk about the economic consequences. We always want to remember this is a human tragedy, but it has economic an ....

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BLOOMBERG Bloomberg Markets Balance Of Power July 13, 2024

Could they get to a trial. We know Mitch Mcconnell wants to get it over with quick. Jordan it depends on which day nancy pelosi would hold a vote in the house. Mcconnell wants to get rolling right away so he could begin the trial within days of nancy pelosi having that vote. We could be looking at a trial beginning as soon as the end of next week or perhaps the week after. Enactmentalso have an we also have an announcement of new sanctions on iran. Are there really more than before . Jordan a little bit they have targeted copper and iron producers and sanctioning more perfect more officials, but as you hinted at the u. S. Has sanctioned so much of irans economy and placed so much pressure on iran, official say this is an effort to get iran to return to the negotiating table. Leadership has not given any indication they are willing to do that, especially in the aftermath of the airstrike they got from soleimani last week. David th ....

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BLOOMBERG Bloomberg Markets Balance Of Power July 13, 2024

They want to go to france, they want to go to germany, they want to go to these countries where they came from. That is their home. The u. S. Is not their home. It is not fair we are holding these people and that other countries are not taking them because we are bearing the cost. I think nato should be expanded and we should include the middle east, absolutely. We paper a big percent of nato. We pay for a big percent of nato. If you speak to the secretarygeneral, who is doing a terrific job, he will tell you i raised 130 billion more. It was going down from past administrations every single year. It was down to a low number. I came in and said you have to pay, we are protecting you, we are a part of this. We do not want to be the fools like we have been. We raised 130 million. We had a meeting with the countries. I said you have to pay. I can imagine they do not like me as much as obama and other people. More. E 130 billion my biggest fan in the world is secretarygeneral stoltenberg b ....

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BLOOMBERG Bloomberg Markets Balance Of Power July 13, 2024

Needs to pass. The good news is everyone agrees to sign onto to the principles of the changes made. We do expect the vote next week in the house of representatives, although Senate Majority leader Mitch Mcconnell says they will not take it up until next year. David in the meantime there is a thing called impeachment going on. You would think everything would grind to a halt, but it seems like progress is going on with its business. Is that what is happening . Anna it is an important point for nancy pelosi to say they are not just investigating the president. They are not as impeachment obsessed as republicans have accused them of being. Big are still trying to do things like passing usmca. There has been pushed from progressive democrats that nancy pelosi is working with President Trump to pass this trade deal and giv ....

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