Brenda Penny, Steve Bannon, Travis Scott discussed on Bloomberg Law
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13 years the pop icon is free Los Angeles County superior court judge Brenda penny ended the court ordered arrangement during Friday's hearing Former Trump adviser Steve Bannon is expected to turn himself in Monday after being indicted by a federal grand jury for contempt of Congress Bannon refused to honor a subpoena to testify before the House committee investigating the January 6th attack on the capitol A Travis Scott spokesperson is vowing the rapper had no clue people died at his southeast Texas music festival Just like the police officers who were standing in front of the stage with Travis nearly 30 minutes after it was declared a public safety emergency Travis had no idea what was going on until well later Stephanie rawlings Blake told CBS mornings it took hours for the Houston rapper to find out about last Friday's deaths and injuries at Astra world I'm Brian schuck And I'm Charlie pellet at Bloomberg world headquarters It was an up Friday with the Dow the S&P and NASDAQ all advancing led by technology and communication services as inflationary pressures continued to reverberate through markets George concasse is head of U.S. macro strategy at MUFG securities Americas Good to kind of get around the idea that we're going to have to positive strong growth next year in high inflation But if inflation persists at this level I think other markets are going to start to care because it could fast forward that action And even if it's just two hikes in an area faster taper markets broadly are not ready for that George gone calvis of MUFG as for the earnings outlook Dan Morris is a senior investment strategist at BNP Paribas asset management So the big challenge aside from the discussions that we're having already around rates and what the fed does ECB is you're just not going to have that earnings momentum to really push the markets much higher next year And of course we appreciate the valuations about particularly low Dan Morris of BMP paraba What's ahead for the global economy next year JPMorgan Chase is out with its 2022 long-term capital market assumptions report Gabriella Santos is global market strategist at JPMorgan investment management We see very limited scarring from the pandemic and we're actually optimistic about upside going forward given all of the productivity gains that we've seen during this time period There's also been so much monetary and fiscal support that's likely to continue to provide a boost to overall nominal growth Gabriela Santos of JPMorgan investment management an up Friday the S&P up 33 up 7 tenths the Dow up 179 up 5 tenths NASDAQ up 156 up by 1% Global news 24 hours a day on air and on Bloomberg quicktake powered by more than 2700 journalists and analysts in more than 120 countries I'm Charlie pellet This is Bloomberg.