comparemela.com

Latest Breaking News On - Rebecca patterson - Page 1 : comparemela.com

Transcripts For BLOOMBERG Bloomberg Surveillance 20240712

Outcome, a weaker sterling, is stunning into the Fourth Quarter of this year. Plenty onwe will have that smart note from kit juckes. Lets get to first word news in new york city with ritika gupta. The chinese owner of tiktok is gaining confidence its deal with oracle will be okd. Bloomberg has learned it is likely to greenlight the deal as long as it doesnt involve the transfer of Artificial Intelligence algorithms. President trump is ridiculing fbi chief christopher wei, who told congress that rush is trying to hurt joe bidens president ial chances through social media and his operations. Chris,ident tweeted, you dont see any activity from china even though it is a far greater threat than russia, russia, russia. The vaccine they move by moderna and pfizer are moving off increasing fears that the Coronavirus Vaccine is becoming politicized. Theyre making statements about late stage trials and how they plan to gauge their safety and effectiveness. Trade talks with the European Union wer

Transcripts For BLOOMBERG Bloomberg Surveillance 20240712

The quality of our guests there, including Rebecca Patterson of bridgewater, saying complacency into october, ramp it up ritika . Right now ramp it up. Right now, we welcome all of you. It is simply a monday friend from what we knew friday. Jonathan it is not a quiet start to this monday morning. Equity futures down hard. A bid into the bond market. Stronger japanese yen. Everything you would expect to happen on a risk off monday is happening. When you look to europe and the prospect of tighter restrictions around some of these economies, look no further than travel stocks. Break it down sector dissector. Travel stocks down 5 . Tom what i find just extraordinary here is it is not just about the future of the Supreme Court after the death of ruth bader ginsburg. Theres many stories. To me, learning over the weekend about this new heightened pandemic is front and center. Jonathan lay it on the three dimensional Political Risk playing out in washington. The three di mentions are as follow

Transcripts For CNBC Closing Bell 20240714

Heated tone from the u. S. And china. Financials, semis and industrials are all lower and full Team Coverage coming up dom chu is tracking it phil lebeau with details of on headache for boeing. Market down 333. The low of the session 425 down. The dow higher this session down 205 and red throughout the session as you can see sharp selling. Lets bring in Rebecca Patterson with us for the full first hour of the show. Good afternoon whats the spark again for the selling . Last week a nice end to what was obviously a negative month of august. I think what it boils down to is its not about the cost of capital. It is not about the level of Interest Rates, the stimulus it is the confidence to spend so we can make Interest Rates as low as you want but if you dont have companies and households to borrow and take that money and buy something with it, whats the point . Thats the conundrum we saw it in the trade rhetoric today. It is eroding confidence thats driving us right now. Can the fed or Ce

Transcripts For CNBC Closing Bell 20240714

The currency weapon has been. Yeah. It was a big surprise last week when the president dropped that tweet about september 1st tariffs. And some people that i talked to, tyler, and kel, it changed the game for them. That what they thought they had was a figured out market for the most part. They felt that way because of the fed and the rate cut and they felt like they had their hands around where the market could go in the months ahead were still throwing out of whack by that. Going into that, this was a market that was up almost 20 , so far this year, trading near record highs coming off of good earnings, fed rate cut, felt it was all working for the markets. As you heard Barry Banister say, sure, we get more of an odds of a fed rate cut, trump did something good on the trade front and markets will be fine on that note, well hand it over to you guys. Youre always one tweet away. Thank you. Well see you later. Welcome to the closing bell. Im scott wapner stocks plummeting, names like ap

Transcripts For CNBC Closing Bell 20240714

And small caps are outperforming. Joining us for the hour is steve grasso taken by semis, is is that ahead of micron, g20 . I think that it is a bit of both bullard was not bullish. Market was expecting one thing, not the other. And micron is after the bell, so people are getting ahead of that people so either earnings or semis, chicken or the egg there, but that took us down. Something the bears point to, semiconductors are traditionally a tell on the economy and they are not at record highs. I think that they are still in correction so if you had to poll everyone now within the marketplace, people are going to err on the side of growth is slowing. Cant find anyone that says growth is ratcheting up. So these have been the bullseye for growthand they have been your cautionary tale thus far within the marketplace and with g20 and with china and everything all encompassing. Microsoft also suffering. Ten year back below 2 all factoring into the selloff lets drill into the big stories. We

© 2024 Vimarsana

vimarsana © 2020. All Rights Reserved.