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Transcripts For RT Boom Bust 20240710

Numbers and what it means for the us economy. Plus as criptos, popularity has stored. So has the crackdown on mining. We bring you the latest on the growing criticism of the world s foremost crypto currency. Then we turned to the olympics where japan has faith criticism for their decision to move forward with the game. Later on, we discussed the big money involved. Another major headlines coming from the world sports pack show today to dive right in. And we leave the program with new data about the state of, of playstation. In the united states, prices rose 3. 9 percent and may compared to a year ago, the commerce department reported friday. This was a point 4 percent increase from the previous month. Now if you exclude volatile food and energy prices, the core personal expenditures, price index increased point 5 percent for the month up 3. 4 percent year over year. The biggest jump in nearly 3 decades. Now, the u. S. Federal reserve recently increased its inflation target to 3. 4 perc

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Transcripts For RT Boom Bust 20240710

Break down the numbers and what it mean for the u. S. Economy plus it s criptos. Popularity has stored, so has the crackdown on mining. We bring you the latest on the growing criticism of the world s foremost crypto currency. Then we turned to the olympics where japan has faith criticism for their decision to move forward with the game. Later on, we discussed the big money involved. Another major headlines coming from the world sports pack today. So it s dive right in. And we leave the program with new data about the state of a playstation. In the united states, prices rose 3. 9 percent and may compared to a year ago, the commerce department reported friday. This was a point 4 percent increase from the previous month. Now if you exclude volatile food and energy prices, the core personal expenditures, price index increased point 5 percent for the month up 3. 4 percent year over year. The biggest jump in nearly 3 decades. Now, the u. S. Federal reserve recently increased its inflation ta

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Transcripts For RT Boom Bust 20240710

Has faith criticism for their decision to move forward with the game. Later on we discussed the big money involved, another major headlines coming from the world sports pack show today. So it s dive right in and we leave the program with new data about the state of inflation in the united states. Prices rose 3. 9 percent and may compared to a year ago. The cameras department reported friday. This was a point 4 percent increase from the previous month. Now if you exclude volatile food and energy prices, the core personal expenditures, price index increased point 5 percent for the month up 3. 4 percent year over year. The biggest jump in nearly 3 decades. Now, the u. S. Federal reserve recently increased its inflation target to 3. 4 percent, but the central bank maintains this will only be a temporary or as drone power tends to say, transitory rate or inflation in grease. So let s take, get a look at this with some expert analysis from boom bus, co host to chris the i. Christy i want to

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Transcripts For BLOOMBERG Bloomberg Surveillance 20240711

the story here has to be it is not so much missing the markets of march. the nasdaq is up since september. it is missing the markets through the autumn, q3 and into december. jonathan: i use the word euphoria you loosely. it depends on which side of the trade you re on. that is the debate as we wind down the year of 2020. how much is left in this rally after we have already boosted this price target over and over again on the s&p 500? tom: i think you nailed it, jon. what i see in the zeitgeist is the thundering silence. what i ve noticed in the last couple of days when i was off on my sabbatical was the thundering silence that is out there. jonathan: the sense of capitulation. we got a scent of that in the last couple of weeks. lisa abramowicz has pushed back hard over the last several months, that s for sure. defend mental s, markets. good morning, lisa the fundamentals, markets. good morning, lisa. lisa: on a more optimistic note, we are getting the initial drumbeat to f

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Transcripts For BLOOMBERG Bloomberg Markets Americas 20240712

see in oil or gold. maybe things aren t all that bad in the underlying real economy, particularly when it comes to china. coming up later in the hour, we l look at out the china look at the fallout of china-u.s. tensions. adc drama is intensifying. avestors weighing contentious battle over the now vacant supreme court seat. we want to bring in chief austin correspondent kevin cirilli for more. what do investors need to watch chief washington correspondent vin cirilli for more chief washington correspondent kevin cirilli for more. what do investors need to watch for? kevin: this is going to take up all of the oxygen in the room before the election. things like fiscal stimulus, continuing resolutions, other potential nonpartisan issues to likely get across the finish line before the end the month, all of the focus instead is going to be on the supreme court battle. judge amyont runners, coney barrett, as well as barbara le goa barbara lagoa. he says he wants to pick within

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