Bloomberg, Steve Bannon, Kyle Rittenhouse discussed on Bloomberg Wall Street Week

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Can count on some frivolity You've never taken them to Disney so just failure on so many Why Bloomberg markets extensive essential and endlessly entertaining I'm not a pet person I'm a financial analyst By the way someone writes in and says I didn't realize Paul hated American values Week three mornings at ten eastern on Bloomberg radio the Bloomberg business app and Bloomberg radio dot com A California judge is ending pop star Britney Spears conservatorship effective immediately Spears had been under the conservatorship for 13 years in Los Angeles County superior court judge brand to penny ended the court ordered arrangement during a hearing Friday Britney's father Jamie spears was suspended as her conservator in September Longtime Trump adviser Steve Bannon is being indicted for criminal contempt of Congress Bannon refused to honor a subpoena to testify before the House committee investigating the January 6th attack on the capitol The governor of Wisconsin is deploying the National Guard ahead of a verdict in the Kyle rittenhouse trial Lisa Taylor has more governor Tony Evers announced the deployment of 500 troops to Kenosha to supplement the hundreds of officers already in place The judge in the case that closing arguments for Monday rittenhouse faces multiple charges in the shooting deaths of two men during civil unrest in Kenosha over the police Shooting of Jacob Blake in the summer of 2020 I'm Brian shook 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 heights in an area faster taper markets broadly are not ready for that George galvas of MUFG as for the earnings outlook Dan Morris is a senior investment strategist at BNP patama asset management So the big challenge aside from the discussions that we're having already around rates and what the fed does UCB 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 in 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.

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