Lets give it up for them one more time. [applause] several of our speakers thig helped us recognize the Important Role that intergovernmental relationships play in the history of cities towns, and villages over the years. And our speakers this afternoon will dive even deeper into the po partnerships. Lets get things started. We will kick things off here with a verymp i topic that leaders like us can t Strong Mental Health resources and services for our communities. The great news is that we have partners in congress, we truly do, on both sides of the aisle who are ready to help us do the work through the Bipartisan Senate Mental Health caucus. And today, it is my true pleasure to have a conversation with one of the caucus cochairs, senator tinaminnesota. [applause] senator smith was once chief of savannah chief of staff toe mayor of minneapolis and has a long history here at nlc and today we are excited to welcome her back so please, put your hands together for senator smith. Thank you
Good morning. This is bloomberg daybreak europe. Im lizzie burden in london. And these are the stories that set your agenda. Surprise cut. Chinas central bank unexpectedly cuts its key lending rate by the most since 2020, as Industrial Production, retail sales and fixed assets data all miss estimates. Asia markets are mixed. Donald trump is indicted in atlanta over alleged efforts to undo his 2020 election defeat in georgia, adding a fourth criminal case against the former president. Plus, what Warren Buffett is buying and selling. Well bring you the latest 13 f filings as hedge funds look to gain from the hype over artificial intelligence. Well, good morning. Welcome to tuesday. And it might be august, but its a busy one. Youve got traders betting that the fed is going to keep rates higher for longer. So treasury yields have been steadying in early trading in asia. But you did see the ten year yield climb to its highest since november yesterday. The two year yield, which of course is
Abramowicz some Jonathan Ferro your equity market on the s p 500 slightly negative this morning fantastic lineup looking ahead retail sales just around the corner. Earnings from home depot dropping across the bloomberg tomorrow. Numbers from target results from walmart on thursday. But once again this morning, we have to begin in china. Rate cuts bramo and the data not great at all. The biggest rate cuts going back to 2020. The data coming weaker across the board. Whether it has to do with retail sales, whether it has to do with industrial production. They scrapped their youth unemployment metric, which is not exactly encouraging. And now the question is, are they preparing a big enough stimulus to really stave off weakness that is much deeper than people expected . This is the right signal. The big question, youve alluded to it, whats next . Heres the commentary this morning from standard chartered. The cut has been aggressive from sogdian. This is unlikely to be the last measure. So,
Congratulations to our founding state Municipal League winners. Lets give it up for them one more time. [applause] ernow several other speakers this morning help us recognize the Important Role that intergovernmental relationships play in the history of cities, towns and villages over the years. And her speakers this afternoon are going to die even deeper into the power of those started. We are going to kick things off here with a very important topic, a topic in which how leaders like us can develop and support Strong Mental Health resources and services for our own communities. The great news [applause] the great news is that we have partners in congress. We truly do have partners in congress on both sides of the aisle who are a ready to help us do the work through the Bipartisan Senate Mental Health caucus. And today it is my true conversation with one of the caucus cochairs, senator tina smith from the state ofm minnesota. [applause] senator schmitt was once chief of staff to the m
Next, tina smith, pg did Pete Buttigieg and julie su participating in the national washington, d. C. They talk about Mental Health, jobs, the economy, and transportation safety. This is 1. 5 hours. Thank you, clarence and thank you president sanders and congratulations to our founding state Municipal League wilets e more time. [applause] several of our speakers this moin Important Role that intergovernmental relationships play in the history of cities, towns,years. And our speakers this afternoon will dive even deeper into the power of tho partnerships. Lets get things started. We will kick things off here with a very important topic. A topic that leaders like us can â– hsupport Strong Mental Health resources and services for our communities. The great news congress, we truy do, on both sides of the aisle who are rea twork through the bn senate Mental Health caucus. And today, it is my true pleasure to have a conversation with one of the caucus cochairs, senator tina smith from senator