With the shares now lower. Setting out the postbrexit lets for next week and have a look across the markets. Hong kong is coming online today. There wasike this and the overall index. This is bloomberg. Coming up, the stories that shaped the week around the world with the white house pushing out a budget, but there is pushback. I hate to say that it is irrelevant. Jacob gives up his grip in africa. All of the conditions are in place and it is a countercyclical view. Ages explain why volatility is making them smile. For our much better franchise. History does not always tell you this is the right answer. You rebalance and stay away from things. I think about what should happen at the end of the day. Earningsthe bonanza of reports. Growth engine. A it is well spread. This is all coming up on bloomberg best. I am nejra cehic and this is bloomberg best. Your weekly review of analysis and interviews from Bloomberg Television around the world. On monday, with equities coming off their worst
And im Courtney Reagan in for sara eisen thanks for joining us today. This monday morning after the super bowl, if youre up, you might be a little tired. But may also want to be somewhat elated if jim is watching i hope hes asleep after a big night of celebrations. If hes not, congratulations to him and all eagles fans. Lets get to the markets a roller coaster ride last week particularly when we saw the dow sell off 2. 5 . The nasdaq and s p both down 2 . For the week as a whole, the dow was off more than 4 nasdaq down 3. 5 and s p in between those two dow about 127 points, nasdaq 12, s p, 9, clearly much more muted than that massive selloff we saw on friday. Worth pointing out on friday, all 11 sectors were lower for the week Energy Materials were the worst. Health care and tech also pretty bad. And yield has been a crucial factor for markets over the last couple of weeks. The fact that yields have been rising have spooked some investors. They got to 2. 85 on friday clearly, its still
That what we have seen is a it is really working. Major disruption. It is a much better they are sophisticated environment for our clients. Investors. They understand markets. For our client franchise. And recognize volatility as a part of trade. Nejra while some of the sharpest minds in finance and we are trading more, which is increasing our trade revenues. Investing show their insight on if you take asset management, instability. History doesnt tell you which has more than doubled, 16 always the right answer. One diversifies, rebalances. Billion of inflows. What should happen at the end of the day . Not hour to hour. Two thirds of that come from our national connections. The Way Television works. That connection is strong. Ofra plus, a bonanza are their parts in the market where people are saying, i do earnings reports with not want to transact at the commentary. Asia will be one of our moment . Growth engines. For us, digital. It is hurting the primary market. The growth is a very
We have seen swings in stocks today. At one point, all major averages were a little changed to slightly negative and an they are right now. Theyre gone back to little change. Bouncing around as investors consider and weigh not just the various earnings reports already out but, as scarlet alluded to, those to come. You look at the best performing stocks in the s p 500, most of them are earnings related or at least related to earnings in some way. In other words, even ebay, which is we have been talking about in itss pulling back paypal. Ship with at the same time, it says gross merchandise volume went up 10 . This has been a goal of the companys ceo to get back to doubledigit volume growth. They achieved that. Corvo is also rising. It won a contract from apple to get a key chip to connect its phones to the internet. Skywards is getting another supplier. I dekes laboratories coming out xx laboratories coming out above estimates. The worst percentage performers and the s p include tractor
And we were depressed because we were hoping for the classic ending, the come from behind by the way, it looked like the long bomb in the hands of gronk. Had it happened. The twopoint conversion never happened hold on, an end of an era, do you think the moment is past now . I do actually, ill tell you why, you know, the team was actually struggling the whole season you know, pulling stuff off in final moments of every game. Really it happened that way. The defense was weak throughout the entire i agree with that it looked i dont want to be a naysayer, but i think its going to have to be a structural change if that team is going to have to stay in Super Bowl Contention next year most of us want to see the coronation of brady agency the greatest ever. And belichick, the greatest ever we needed that win last night. So coach wonderful, whats your structural change id keep brady. Obviously, they have to keep brady. It was a money decision to whack their number two qb. You know, at the end o