Is real simple. The economic gloom is tangible and the market brushes it aside. Good morning, everyone. This is bloomberg surveillance. On bloomberg radio, on bloomberg television. The bid keeps coming in. It is not about being up. It is the quality of the up that is so important. Jonathan the last several months, rotation on, rotation off. It was rotation off since june or so. In the last several hours, rotation back on. That means the cyclical parts of the market do better, tech underperforms. The Treasury Curve steeper. Dollar in the mix as well. That is the thing a lot of people were trying to position behind. It didnt quite develop over the last month. It is back on this morning. Betterldman sachs with than good earnings. I have not gotten the appropriate up remotes the appropriate eyebrow, whats amowiczropriate abr briefing. Lisa theres an incredible dissonance between the pessimism we are hearing from the banking chiefs right now and the optimism you hear from a lot of fixed inc
Out of 650. Theresa may had only 317. That would be better than thatcher in 1979 and similar to the first mrp poll. A 48 seat potentially majority coming through. It will be a big majority. May be forced johnson has the option of taking a more flexible approach to the next round of negotiations. Cable up. Back to 1. 33. The average postbrexit referendum is 1. 30. We are not a million miles away from that. We have avoided the hard edged story if this is the accurate result. Is this . If we get past this tonight and move on of a conservative majority of this kind of size and think about how do we negotiate a trade deal with any use, that will be the next phase. Anna it would give him the flexibility to go back on a couple of brexit pledges. He could ignore the brexiteers. Yes, it was in the manifesto there would be no extension, but if you have this kind of majority, getting a trade deal any year will be hard. This will give them the potentially the flexibility. The bring in some guests
might be worth hearing his side of the story. just liste. so we came out to l.a.,a ando booked a thirty minuteok interview with w, which quicklye morphed into a two hour intervied inw. and we re so grateful that it did because one of the most interesting deep and provocative conversations we ve ever watched, everybody thought that guys operate the cameras thought that it really was fascinating. whether you agree or not, soamoy obam us his assessment of barack obama, whom he knows wells and has known well for many years. for nybefore he became presidene here s what he saidnt.. do you talk to obama?o obama still, i wasst obama s favorite artist. he actually met with me.e obama met with me and my mamaofe to say that he was running for n office back in 2008. and that he wanted the support.o and everybody was sort into this idea of the black president . and we were always you re always cool. and it s also like, you know, how many how many of us are there? you know, obama,
The street. Hopes on greece fueling another big up day, not to mention another up day in china overnight. Bob pisani is at the nyse. Right now theyre holding, 21 advancing to declining stocks. The s p 500, really all the gains were frankly overnight around 3 00 when we got word that a deal was in the making. At that time s p futures moved 15 points. We have held most of the gains from the open. Tech Consumer Discretionary materials and industry good day for techs. Facebook set a new high. Buvlg bunch of tech stocks hitting 52 week highs. The greek etf everybody watches was positive and moved into negative territory. Largely the belief that it is going to be a tough sell for tsipras and this deal is a long long way from being done. More on that in a moment. Metals and mining have been strong. This is a separate story because china rallying in the last several doors has put a floor under these stocks. The steel stocks all the mining stocks are up again today. Whats not participating is s
Consortium and my amazing staff, policy director candell who came up with the idea of lighting city hall purple, lets acknowledge her. [ applause ] and i want to thank our policy members for putting together all of these signs. And i want to thank everyone for coming out tonight. See you same time next year. Thank you very much. [ applause ]presents. Boarden, present. Heinicke, present. Shoe shoe, present. Nolan, present. Ramos, present, rubke, present. You have a quorum. Item 3, announcement of sounds producing e devices. The ringing of and use of cell phones, pagers and similar sound producing Electronic Devices are prohibited at this meeting. Please be advised that the chairman may order the removal from the meeting room of any personnss responsible for the ringing or use of a cell phone, pager, or other similar sound producing Electronic Devices. Announcement of sounds produce devices. The ringing of and use of cell phones, pagers and similar sound producing Electronic Devices are