What is going on out there. Continues for the s p 500. This is 1172 on the bloomberg. At what has been boom,on since the dot com 1989. Expecting the index to hit 2800 by the end of the year. This is the s p 500, the blue arc showing the dot com bubble. A little under half an hour away from the open of markets. Look at what is going on. David, is there any real theme today so far . Gains, except for korea. Gdp at of india, pmi out of china. Here is a flavor of the equity markets. Everything but korea. Samsung, downn to over 3 . Morgan stanley cutting their call on the stock. Blue line is your consensus price target. You take the median there. 2. 68 is the stock price right now. Here is the spread between the two. The other thing i want to point hiking rates for the first time in seven years. This is the chart. We have seen the three year yield and the repo rates widen. Bond markets are saying they better hike. Another thing happening thursday , opec setting to extend the output cut. Ope
333 with nine abstentions on that resolution. The crisis has left people dead 600,000 toand driven neighboring bangladesh. In a session that ran 20 minutes over its allotted hour, Supreme Court justices peppered both sides with questions and dropped each other as they debated whether a baker bakeries trumps of speech rights freedom of speech rights. Bakers firstthe amendment claims of artistic freedom against the antidiscrimination argument for the Colorado Commission and the gay couple of the baker turned away in 2012. This is bloomberg. Julia lives, in new york, im julia chesley. Joe im joe weisenthal. Julia the s p, a brief tech rally. Joe the question is a whatd you miss . Why the inclusion of the alternative minimum rate was going to leave many tax firms with higher bills. Conference,media Mark Thompson joins us. And wall street banks on the wrong side of the law . Whether jpmorgan and others have played a crisis to attract business from hedge funds. Whatd you miss . Many are tryi
Buy, sell, and swap strategy. Check out what is coming down the pipe. What does it mean for two huge passive investment giants to have so much money . They have been gaining more and more market share in the hedge fund industry. Because they are number one in the industry, it is harder for them to find growth. Michael hello and welcome, i am michael mckee. This is bloomberg best. The week began with high hopes for brexit breakthrough, hoping following reports that the u. K. And it you had made some terms on their divorce agreement. The dream was quickly dashed on monday. Mark the expected breakthrough failed to materialize. Apparently delayed over the irish border. The European Commission president john paul juncker broke the news. Mr. Juncker despite our best efforts and significant progress, we and our teams were not able to reach complete agreement today. This lunch started around 1 30 brussels time. About four hours ago. We understood that it one point, theresa may actually broke a
The buy, sell, and swap strategy. Bloomberg looks at the future of investing. What does it mean for these passive investment giants have so much money . s been gaining more market share in the hedge fund industry. Its harder for them to find growth. Thats alternate on bloomberg best. Onthats all still ahead bloomberg best. Michael hello and welcome, i am michael mckee. This is bloomberg best. The week began with high hopes for brexit breakthrough, following reports that the u. K. And it you had made some terms on their divorce agreement. The dream was quickly dashed on monday. Mark the expected breakthrough failed to materialize. Apparently delayed over the irish border. The European Commission president john paul juncker broke the news. Mr. Juncker despite our best efforts and significant progress, we and our teams were not able to reach complete agreement today. This lunch started around 1 30 brussels time. About four hours ago. We understood that it one point, theresa may actually b
Bloomberg looks at the future of investing. What does it mean for these passive investment giants have so much money . Has been getting more market share in the hedge fund industry. Its harder for them to find growth. Thats alternate on bloomberg best. Thats all still ahead on bloomberg best. Michael hello and welcome, i am michael mckee. This is bloomberg best. The week began with high hopes for brexit breakthrough, following reports that the u. K. And it you had made some terms on their divorce agreement. The dream was quickly dashed on monday. Mark the expected breakthrough failed to materialize. Apparently delayed over the irish border. The European Commission president John Claude Juncker broke the news. Mr. Juncker despite our best efforts and significant progress, we and our teams were not able to reach complete agreement today. This lunch started around 1 30 brussels time. About four hours ago. We understood that it one point, theresa may actually broke away from the lunch to c