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BLOOMBERG Bloomberg Markets Americas July 11, 2024

Whether or not at this point in the economic pandemic cycle they need to spend that bullet. They will be doing some things that are more accommodative. It will be difficult for them to reverse that policy somewhere down the road. Jonathan mike swell of Goldman Sachs is with us. On treasuries, on bad news being bad news, is that your view of things, how high can we take 10year yield . Mike great to be with you, jonathan. On the there is a cap treasury market, and its really the result of looking away from the slow term where there are certain instances where people think about growth postcovid. We see significant vaccine implementation. The jobs report, it will take a long time to get back to normal. The fed will be on hold for the foreseeable future. As a result, you will not see a 50 basis point increase in the 10year. People should sit tight and recognize that rates will stay low for the foreseeable future. Today proves that we w ....

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BLOOMBERG Bloomberg Daybreak Asia July 12, 2024

For a september quarter. There are also concerns about the ant ipo fallout. And america awaits the outcome of the president ial election, seven states now holding the keys to the white house. Wisconsin heads to a recount and others face challenges in court. Foropen here in sydney friday trading in asian markets, we have seen an eerie calm and trading across equity markets, and globally, on expectations that policy gridlock will me know extreme measures when it comes to the tax front being taken and more status quote when it comes to the visible markets. We are up. 2 when it comes to sydney, the in aussie dollar and commoditieslinked currencies it particularly well. We have the u. S. Dollar fall to its lowest in two years. The nikkei 225, we expect weakness going into the open but we have japanese stocks trading in the green every day of the week. Also watching the yen, but interestingly, as an election respirometer, we continue to watch price action in china as well as volatility in ch ....

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BLOOMBERG Bloomberg Technology July 12, 2024

The midst of the pandemic. U. S. Stocks rising today despite no new stimulus. Yet, even shares of google. Alphabet shaken off the threats of antitrust scrutiny. Joining us, abigail doolittle. Why would google shares rise on a day that the Justice Department is filing a suit that could threaten to break google up . Abigail not the response you would expect from Investors Committee u. S. Suing alphabet usingcusing it of monopolylike powers. This is not exactly new. Theres been many shots across the bow. We have had executives from many of these Big Tech Companies testifying before congress for a couple of years now. The fact that google is underperforming on the day. At one point, it did dip briefly lower. You could make the case that it is really priced in. The stock price over the time period when we have se ....

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CSPAN2 FCC Commissioners Testify Before House Energy Commerce Subcommittee July 12, 2024

Feel its impacts for some time to come. The energy and Commerce Committee has been conducting oversight of the trauma administrations response to this crisis in this subcommittee is charged with overseeing the ftcs response is the primary federal agency tasked with overseeing our nations telecommute occasions infrastructure and charged with administrating the universal Service Program at no point has Broadband Service in the work done by the fcc but more important to americans as it is right now. For many of us highspeed broadband has become the means by which we work, live and stay healthy. In the last seven months the internet has become the lifeline we use to buy groceries, see doctors and interact with the outside world. Zoom has become a verb and americans all over the country are connecting over video chat ....

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CSPAN2 FCC Commissioners Testify Before House Energy Commerce Subcommittee July 12, 2024

Oversight of the trauma administrations response to this crisis in this subcommittee is charged with overseeing the ftcs response is the primary federal agency tasked with overseeing our nations telecommute occasions infrastructure and charged with administrating the universal Service Program at no point has Broadband Service in the work done by the fcc but more important to americans as it is right now. For many of us highspeed broadband has become the means by which we work, live and stay healthy. In the last seven months the internet has become the lifeline we use to buy groceries, see doctors and interact with the outside world. Zoom has become a verb and americans all over the country are connecting over video chat for virtual worship, family reunions and so much more. In so many ways broadband has become the glue holding our society together as our nation and the wo ....

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