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BLOOMBERG Bloomberg Surveillance July 12, 2024

Banks face. I do want to point out, governor bailey of the bank of england writing an important essay for Bloomberg News today. That will be a point of discussion as well. This,bramowicz, i look at the reopening of new york city. I am going to be at lunch on the sidewalk today at 12 00 noon. How are you going to celebrate the reopening of this great city . Lisa i have no doubt you will be there. Beefully i will also out. I love how restaurants are blocking up streets and sidewalks to expand their seating. You can feel the energy starting to come back. Theres a question, how many people will come back . Sayingll street journal only 10 to 20 of Office Workers are expected to get back to their desks today. I just struggle to understand how people will get back in, public transportation, as well as the willingness to leave their homes while we still have a great deal of uncertain ....

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CSPAN2 Senate Hearing On COVID-19 Impact On K-12 Students July 12, 2024

Of millions diagnostic tests school plans should last for at least one year while the government pursues a vaccine at warp speed faster than we have ever done thate before the nobody expects vaccine this august the second half should be better able to provide more test, more treatments better Contact Tracing and hopefully we should have a vaccine in the fall of 2021 before we begin to approach normal. Several Reasons School have the advantage to provide a safe environment for students and faculty is younger people have been less hurt by coalbed 19 than older people although doctor fauci told our committee we should be careful to assume that young people are not at risk second, schools are generally oolll communities but generally supervised and monitored and they could be traced if a child becomes sick then the classmates can be tested and for individual schools are able to ....

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BLOOMBERG Bloomberg Surveillance July 12, 2024

Two or three hours ago. The vix comes in from 44 to 41. There is a whole idea of an expanding pandemic all the throughout multiple geographies. There is optimism with Research Houses reaffirming some form of vshaped recovery. It is the oddest monday i can remember. Francine it is a pretty odd monday, although i have to say i have had other odd mondays. Thats get to first word news with ritika gupta. Economyin china the keeps inching its way out of the coronavirus, less industrial output rose 4. 4 percent in may from a year earlier. At missed estimates, and consumer demand is sluggish. Retail sales declined more than expected. So did fixed asset investments. The white house top economic advisers rejecting a more cautious outlook for the economy. Larry kudlow says the chancellor will be the chance will be for a vshaped recovery. He told cnn the Unemployment Rate will fall a ....

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CNBC Fast Money July 13, 2024

Have been a major swing. Check out what Lloyd Blankfein tweeted. Hospitals are not overwhelmed. Most will be exposed anyway since we cant sequester until there is a vax is a Public Health benefit from broad lockdowns worth such extreme damage to livelihoods and what is more important, the potential human lives lost which are, of course, very important or the toll on the economy and possibly irreparable damage to the economy. Tim seymour . Well, look, now, if you think about where lloyd was on april 24th, i follow him on twitter, by the way i doesnt tweet that often and when he does, hes got something to say and a month ago he was saying im not so sure its wise for states to be opening but thats why we have a federal system where states can do what they do and was somewhat critical of georgia. Here he is coming in and talking about a more populous line theres politics attached ....

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RT Keiser Report July 12, 2024

So the chairman says this is fine is it fine this is fun just fine. Thank you again. Well this is fine you know the only solution they seem to have over and over is more money printing and the fed is at that again nonstop since 2008 really as paul says fed policies will absolutely not lead to more income inequality this is what he claims last week while cities across america were on fire and notice that he said income inequality you know money printing does it causes asset prices to increase and tech Capital Gains to increase he didnt mention that he didnt mention the wealth gap so i did want to turn to a chart from pew and it shows the share of us aggregate wealth since 1983 to 2016 this is what the fed has been doing this is the upper income went from having 60 percent of all wealth in america back in 1903 to 179 percent and its probably much higher even now middle income has been the huge collapse as you see down from 32 percent ....

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