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Transcripts For BLOOMBERG Bloomberg Markets Americas 20240711

Washingtons partisan battle. Joining us now is bloombergs chief content officer marty schenker. Many people thought this was an inspired choice. It ticks so many boxes. Just your sense of what this means for how washington is now going to operate. Martin i wouldnt describe it as necessarily inspired. It is an inspiring lee safe inspiringly safe choice because she is so wellknown on both sides of the aisle. I think she will have a relatively easy time getting confirmed. She is a traditionalist in many ways. She has been at the fed. Shes been at the white house. Shes a great believer in consensus. I think that is what you are going to need with the incoming treasury secretary. Alix nonetheless, it is the first woman treasury secretary, the first woman to lead the fed. This is definitely in that respect a boulder choice. However, how do the progressives feel about her . Marty i think they are very supportive. There is reporting out there that
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Transcripts For BLOOMBERG Bloomberg Markets Americas 20240711

Participating in the trial. We want to break it down more. What do we know . What are the questions . Reporter pfizer is telling us they have a vaccine that appears to be more than 90 effective. They studied this immunization in 43,000 people, and within about a week after the second dose, they found that more than 90 of people who got the vaccine were protected against the actual coronavirus. Know that it didnt take very long. We dont know the actual numbers of how we people were infected, but if we are looking at more than a 90 effectiveness rate, which was much higher than anyone expected, we are getting suggestions that this vaccine is quickly protective for many people. We still dont have news on how long it is going to last. We dont know whether or not there will be any safety signals. After that, they might be filing for emergency use authorization. Jonathan what kind of vaccine is this alix what kind of vaccine is this . Vaccine. It is an mrna theres nothing like this that exis ....

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Transcripts For BLOOMBERG Bloomberg Daybreak Asia 20240712

Beijing praises the decision while President Trump says he is not a fan. A focusson says now on his cabinet lineup. And plans for structural reform. Are seeing a lot of investors sticking by the sidelines, a quiet session in the u. S. Overnight. Wall street hanging out to see what further guidance we get from the fed after their decision. A great chunk of investors will be waiting for more details as to the revamp inflation target. We are seeing futures trading flat. This after we saw u. S. Stocks rising. The s p seeing a Third Straight session of gains. For a change, we saw gains across tech, outweighing the decline we saw across financials. Treasury yields at the dollar end of the day, where they started. We are seeing the likes of the dollaryen holding steady, this as we look set to see the appointment of yoshida suda as the new japanese
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Transcripts For BLOOMBERG Bloomberg Markets European Close 20240712

Three basis points. 250 on the 10 year yield. Lets turn to all of our top stories. Germany is recording more than 1000 new cases where a day and spain reporting its highest number of infections since april. Theing meet with more is Bloomberg Intelligence director of research. Put these numbers into perspective for us. Obviously they are going in the wrong direction and germany was the the one that poster child of at least severe numberost thanaths per population other european states. The cases rising are not nice to see. I am not complete surprised in terms of what is going on. We have opened the door and we have allowed people to start moving around. We have allowed people to roam around the street and go to beaches, etc. You can tell people as much as you like that we are social distancing and you cannot enforce it apart from closing areas where you where these clubs,spread, bars and etc. Leader haspanish gotten a lot o ....

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Transcripts For BLOOMBERG Whatd You Miss 20240712

We spend our days in san francisco, i think we brought with us to new york. Had two remember, we ipos. Rocktenn company finishing the company finishing the day up 10 . As earnings out of our on out which surprised some folks. Inventory issues giving them pricing power. Shares up. You better buy that car. Caroline if only the dmv would open, then maybe i could. Ed, does it feel wobbly at the moment . There is a great story on the verge about robinhood trade happening worldwide. What does this feel like necessary given the sheer liquidity in the market . Storybinhood is an easy to focus on, and for good reason. We have a composite of about 30 indicators and it is actually in the neutral zone. There is pessimism out there and i think a lot of it has to do with the perceived disconnect. When you throw in secondary ipos, they top of are at a record high over the last three months. That is a lot of supply to come on the market. Caroline all eyes on capitol hill for that fiscal stimulus bill ....

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