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BLOOMBERG Bloomberg Markets Asia July 12, 2024

From theto the concern economic hit caused by the pandemic. We have job losses here with a more modest hit in this part of the world. Else is going on out there and quickly looking at the dollar index is. We do have the dollar steady at the moment. We had the surge in the dollar seeing a little bit of a spike taking place. Being seen as a haven currency. The yen, 104. 49. New york crude, what we have here is a plunge taking place overnight. Nearly 5 . They recovered a little bit from that. 8 10 of 1 . 67 a barrel for wti. Gold the steady, but not really acting as a safe haven. We have breaking news, the dow jones reporting that it may close to buying nc, according to people and what would be the second Big Semiconductor tie up this week as the industry rapidly consolidates this deal. It could be worth 10 billion. Thats according to the dow jones. Dow jones reporting marvell could be close to buying inphi later this week. Lets g ....

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BLOOMBERG Bloomberg Markets Americas July 12, 2024

Chips inhouse. The dollar continues to weaken. 38. 0 two. Lets get a deeper dive into market action. I want to pick it up with the tech strength. We are seeing a number of heavyweights higher. Leadn, facebook helping to the nasdaq into positive territory. Up around 3 . Tech stocks getting another bid here as we see a rally stalling out encyclical areas. To noterally, i want how far and fast we have come. If we look at Global Equity benchmarks, this is a momentum indicator. Over boughticates territory. Remember since the lows back in late march, we have added more than 20 trillion worth of value to the Global Equity markets. I want to talk about other. Sset classes the 10 year treasury is getting a bid today. Down six basis points. We are seeing the curve flattening after the steepening we have seen. That spread between three and 10 year notes. We are paying attention to the fed ....

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BLOOMBERG Bloomberg Daybreak Americas July 13, 2024

Outperformance of small caps for a sixth straight day, so that is sort of the good news, but it is all a waitandsee game as we head into the ecb. Underperformance happening with btps in europe. Twitter earnings breaking as well. Revenue coming in stronger than estimated at it hundred 7. 6 million. 876are shifting at. Illion has a look at the monitor bullet daily active users, they came in at 166 million. That did beat estimates. They did add 14 million average monthly daily active users since the previous quarter. Seeing more activity. Now it is about monetizing that activity. Twitter is up by about 10 in premarket. More coming out later on in the show. We do want to give you a snapshot of all that is moving the market from our team in new york. We are going to begin with the data overnight in europe. Recession,s record plunging into record contraction, shrinking about 3. 8 . The slump adding a lot more urgency for joint physical support and puts more pressure on
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FBC Barrons Roundtable July 13, 2024

In the food chain supply . My colleagues ben leveson, carlton english and jack howe. So the worst month in the markets since the great depression, april the best month in the market in 33 years. Can you explain the schizophrenia and explain to viewers why the market and the economy can seem to be going in different directions. This is kind of what the market does. Its forwardlooking. So its looking to deterrence and whats happening next. When the market was falling apart in march, nobody was saying, oh, look how great the data was in february that. s kind of whats happening now. In april we got this bad data, but we knew it was coming. And there was some good news this month. The number of coronavirus cases slowed. We have some states that are reopening, even possible treatment that might work meaning that people get sick, they can go and its not going to be as bad as it might have been. And this is all good news that the market was responding to. Hey, ben, i see plenty of good news, i ....

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FBC Barrons Roundtable July 13, 2024

In the food chain supply . My colleagues ben leveson, carlton english and jack howe. So the worst month in the markets since the great depression, april the best month in the market in 33 years. Can you explain the schizophrenia and explain to viewers why the market and the economy can seem to be going in different directions. This is kind of what the market does. Its forwardlooking. So its looking to deterrence and whats happening next. When the market was falling apart in march, nobody was saying, oh, look how great the data was in february that. s kind of whats happening now. In april we got this bad data, but we knew it was coming. And there was some good news this month. The number of coronavirus cases slowed. We have some states that are reopening, even possible treatment that might work meaning that people get sick, they can go and its not going to be as bad as it might have been. And this is all good news that the market was responding to. Hey, ben, i see plenty of good news, i ....

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