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Transcripts For BLOOMBERG Bloomberg Surveillance 20240711

Behind, but what is important is the symbols along the way, and the number one symbol is the most unloved bull market since time began. You do measure the wall of cash on the sideline. How does that feel this dow 30,000 morning . Left out,very lonely, isolated, and i imagine some of it has capitulated. We talked about a tugofwar at the start of this month when we got deposited vaccine news. Overwhelmingly now, this market is looking through the nearterm risks into year end. I had a conversation with someone who suggested we could get a negative payroll sprint negative payrolls print for the next couple of months. It is an outlier call, but deteriorating data is consensus, and here we are running straight through it. Tom maybe it is a biden administration, the fed coming on, stimulus coming on. You keep talking about the russell 2000, up 11 year to date, and it has been a moonshot the last number of weeks. The nasdaq 100 lagging recently, up 34 year to date. 500 up 12. 5 . P for you, we ....

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Transcripts For BLOOMBERG Bloomberg Daybreak Europe 20240712

And solid numbers in tech are not enough to keep investors from selling, dragging down u. S. Equity futures. Good morning. Over the past 45 minutes, we have seen a leg lower across equity futures as well as across the msci asia pacific, even though yesterday wall street did close higher, it was a relatively flat close in europe. S p 500 futures down 0. 9 , and the nasdaq 100 futures extending the losses past 2 this morning. Clearly the stabilization yesterday has not been enough. It has been a difficult week in the markets. The tech overnight did not meet expectations. Apple down more than 4 in afterhours trading. It was about expenses and costs for apple in china. Twitter extending losses more than 17 in overnight trading. For investors. Alphabet, one bright spot in big tech, up or than 6 . U. S. 10 year yields at 80 basis points. This was the close yesterday for the german bund market as well as the 10 year italian btps. Christine lagarde gave a clear signal more stimulus is on the w ....

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Transcripts For CSPAN2 Senate Finance Subcommittee Hearing On Fiscal Responsibility Economic... 20240712

We couldnt have had it in a more to say a more formal setting because it may been better attended. Im not sure any hearing we have had would be any more important in the spirit her witnesses will be the director of the Congressional Budget Office and jeans are darl who is the comptroller general of the United States in the head of the u. S. Government Accountability Office. With that i will make my Opening Statement and turned to Maggie Hassan my Ranking Member and then i think Ranking Member wise and for the entire committee for statement you would like to make as well. Again tha ....

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Transcripts For CSPAN2 Senate Finance Subcommittee Hearing On Fiscal Responsibility Economic... 20240712

Congressional Budget Office testify before the Senate Subcommittee on physical response ability and Economic Growth. Thank you all for participating. I think it will be good. Im sorry we cannot have it in a more, what to say, a more kind of formal setting because it may have been better because im not sure if there is any hearing we have that was more important than this. Our Witnesses Today will be philip schlagel, director of the congressional Budget Office and jean todaro who is the comptroller general of the United States and head of the u. S. Government accountability office. With that i will make my
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Transcripts For CSPAN2 Senate Finance Subcommittee Hearing On Fiscal Responsibility Economic... 20240712

The Senate Finance subcommittee on fiscal responsibility on Economic Growth is a virtual hearing on the fiscal outlook and i thank you all for participating. I thank you all for participating and i think its going to be good and im sorry we couldnt have had it in a more to say a more formal setting because it may been better attended. Im not sure any hearing we have had would be any more important in the spirit her witnesses will be the director of the Congressional Budget Office and jeans are darl who is the comptroller general of the United States in the head of the u. S. Government Accountability Office. With that i will make my Openi ....

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