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CNBC Squawk On The Street July 13, 2024

The likes of which they have not seen since 1933, in the midst of a downturn for the month, the likes of which we have not seen since 2008 here we find ourselves this morning looking at a market that will open lower. Your thoughts . You go up 19. 9 in the s p, you can have two thoughts. One is that was the greatest bull market ever the other is, boy, is this market dysfunctional were not moving the way we should theres very little volume yesterday the machines took the dow up 500 points in the last 20 minutes. Im keying on oil. I think oil is something that the algorithms are keying in i wish there wasnt algorithmic trading, but its here to stay the quants are in charge you know, lets bring back the smith corona typewriter. The quants are in charge, they took it up and now theyll cashier the market and cash it in lets come back to oil for a second it does get lost sometimes in all of the volatility were seeing and our focus on the economic crisis, on the
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BLOOMBERG Bloomberg Surveillance July 13, 2024

Down the fort. Action, and as well in those money market funds. I was looking at the statistics. Money market funds pulled in 150 billion this week, while surpassing the peak of 2008. That is where we are seeing the stresses this week. Everyone just wanted cash. Francine whats amazing also is that the conversation started with small and Mediumsized Enterprises that may actually need support. Are we going to have governments take over in chunks some of the Big Companies to make sure they are safe . We will have plenty more on the markets and the economics of things, but lets get straight to the bloomberg first word news in new york city was Viviana Hurtado. Viviana the highest death toll from the coronavirus is in italy, surpassing chinas numbers. Italian fatalities topping 3400 is a nationwide lockdown continues ....

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LINKTV Democracy Now July 13, 2024

In south korea alone. The head of the National Institute of allergy and Infectious Disease says the u. S. Is failing when it comes to testing for the virus. The idea of anyone getting easily as people in other countries are doing it, we are not set up for t that. I think we should d be . Yes, but we are not. Amy today we look at how the Trump Administration has failed to account for what may be thousands of Coronavirus Infections because of ongoing problems with access to testing. We will speak with professor Justin Lessler of the johnss Hopkins Bloomberg school of Public Health
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LINKTV Democracy Now July 13, 2024

In south korea alone. The head of the National Institute of allergy and Infectious Disease says the u. S. Is failing when it comes to testing for the virus. The idea of anyone getting easily as people in other countries are doing it, we are not set up for t that. I think we should d be . Yes, but we are not. Amy today we look at how the Trump Administration has failed to account for what may be thousands of Coronavirus Infections because of ongoing problems with access to testing. We will speak with professor Justin Lessler of the johnss Hopkins Bloomberg school of Public Health
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BLOOMBERG Bloomberg Best July 13, 2024

Auto industry. The consolidation is there, especially now. Kailey the rates are held, but swedishs central bank is negative territory. It is possible for us to go to zero, so this episode is over. Kailey the house takes a historic vote to impeach president trump. Article two is adopted. This is an incredibly divided time in congress. Kailey as 2019 comes to a close, investors share a perspective on the state of the global economy. The growth trend is firmly in place for 2020. Have too muchdo money piled into a lot of higheryielding assets. I think what we are doing is definitely borrowing from the future and it will probably end badly. Kailey its all straight ahead on bloomberg best. Kailey hello and welcome, this is bloomberg best. Lets start with a day by day look at the top headlines. Investors began the week in a risk on mood thanks to a dose of positive news on the trade front. The u. S. And china reaching the mansion anticipated much anticipated phase one of the trade deal. The t ....

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