35 Burst results for "John Tucker Bloomberg"

10-year Treasury yield pulls back from recent highs

Bloomberg Daybreak

00:12 sec | 4 months ago

10-year Treasury yield pulls back from recent highs

"Recent highs. John Tucker Bloomberg Daybreak. All right, John, thanks right now. Treasury yields are steady as investors await an auction of $38 billion in 10 years securities today, yesterday's offering the first in a string of many saw

John Tucker Treasury John
"john tucker bloomberg" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:55 min | 6 months ago

"john tucker bloomberg" Discussed on Bloomberg Radio New York

"It's 5 30 on Wall Street. Good morning. I'm Nathan Hager. And I'm Karyn Moscow. We're just about four hours away from the opening of us trading. Let's get you up to date on the news. You need to know what this hour U. S futures are higher a day before Joe Biden takes office as the 46th, president of the United States. The president elect arrives in Washington later today amid heavy security and military lockdown began more from Bloomberg's Derek Wall Bank. You're saying a security posture in the nation's capital that I have never seen before. It's gonna be very quiet. This year was going to be quiet before Cove it But now you've got barricades up, creating what is effectively a green zone. Outgoing President Trump has no plans to invite the Bidens to the White House before tomorrow's inauguration. Meanwhile, Bloomberg News has learned White House officials do not expect the president to pardon himself. We get more from White House correspondent Josh Wingrove have some legal headache going forward, but it doesn't look like you will do pardon for himself or his family. Instead, we do expect that they chunk apartment come on, including, you know, celebrities that sort of thing. President Trump has already issued pardons to several political allies and friends in the weeks since he lost re elect And on Capitol Hill, Treasury Secretary nominee Janet Yellen is expected to call for expensive government action to bolster the U. S economy. The former Fed sheer begins her Senate confirmation hearing today and as yelling addresses the economic fallout for the pandemic. The death toll is on the cusp of a grim milestone. Liberace. John Tucker joins us Live with that John and Nathan. The country is on track to surpass 400,000 coronavirus deaths as soon as today. Still, there are signs the daily cases in the US are coming off their highs. And trials to make sure vaccines are safe for the young. They're beginning. The University of Oxford is planning initial tests and 12 to 18 year olds next month. Fizer and Madonna started recruiting participants at the end of last year. But finding volunteers hasn't been easy. John Tucker Bloomberg daybreak. John. Thank you. And on Wall Street today, Big bank earnings continue coming up to get results from Goldman Sachs and Bank of America. And we hear from Netflix this afternoon again Futures this morning are on the rise S and P futures up. 25 points down features of 159. NASDAQ futures up 121 of the decks in Germany's up 2/10 of a percent 10 Year. Treasury down 7 30 seconds the 1.10% the yield on the two year 20.13% 9 Expert oil is up 2/10 Percent, or 10. Cents a 50 to 46 a barrel Go makes gold up 7/10 percent or $12.30. At 18 42 20 announce the euro 1.21 to 5 against the dollar, British bound 1.36 to 0 and the yen is at 104 and checking Bitcoin $37,131 straight ahead, your latest, the local headlines and a check of sports. This is Bloomberg. All right. Thank you. Carrot. It's 5 33 on Wall Street, and Michael Barr has.

president President Trump Bloomberg John Tucker Bloomberg Nathan Hager United States Bloomberg News John Derek Wall Bank Karyn Moscow White House correspondent Josh Wingrove White House Joe Biden John Tucker Liberace Goldman Sachs Janet Yellen University of Oxford
Dow futures extend losses, now down 250 points after weaker-than-expected retail sales

Houston's Morning News

00:56 sec | 8 months ago

Dow futures extend losses, now down 250 points after weaker-than-expected retail sales

"Slimming down this morning as far as futures go after yesterday's record close The down the S and P 500, Wal Mart sales and revenue beating estimates. With U S E commerce sales jumping 79%. The company said it incurred $600 million in covert related expenses as well. And Home Depot plans to invest about Ah $1 billion in permanent compensation enhancements. Sales topped consensus at Home Depot at Airbnb is filed for an I P O also laid out whining losses and plunging revenue and Delta flew around US tariffs on his Airbus deliveries by basing them in places like Amsterdam. That kept them from being considered imports. And right now, the Dow Futures 219 points Lori S and P futures. They're down 24, but as taking many futures up 24 points right now, I'm John Tucker Bloomberg business of News radio's 7 40 ktrh.

Wal Mart Airbnb Home Depot Lori S Delta Amsterdam United States John Tucker Bloomberg
Coronavirus: US daily infections hit all-time high in 44 states

Bloomberg Daybreak

00:39 sec | 9 months ago

Coronavirus: US daily infections hit all-time high in 44 states

"The pandemic has been front and center and as Americans head to the polls, the virus continues to surge in key battleground states. Bloomberg John Tucker joins US Live with the very latest, John Good Morning, and Karen Daily Infections have hit an all time high in 44 states. So have hospitalizations. Over the past week, Wisconsin posted America's third highest cases per capita Behind on Ly the Dakotas. 70 averages are at records in Iowa in Michigan State's that propelled Donald Trump to the presidency Four years ago. Weekly infections in Arizona are up 33%, Pennsylvania's They're up 30% and Florida's air higher by 22%. John Tucker Bloomberg Day.

John Good John Tucker Bloomberg Karen Dakotas Wisconsin Michigan State Donald Trump America Iowa Arizona Pennsylvania Florida John Tucker Bloomberg
"john tucker bloomberg" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:32 min | 11 months ago

"john tucker bloomberg" Discussed on Bloomberg Radio New York

"John Tucker. Bloomberg Daybreak. All right, John. Thanks. There's no more optimism this morning. On the vaccine front, the University of Oxford and AstraZeneca have restarted. The UK trial of their shot was halted last week over concerns about a participant who fell ill flurry of deals are also boosting equities. This morning. Bloomberg News has learned that Oracle has beat out Microsoft in a battle for TIC Tac as blueberry senior editor Derek Wall Bank reports. Tic tac owner by dance favors a tie up. That looks more like the restructuring that an outright sale. We're seeing some language being used that somewhat unique. Oracle is apparently a trusted technology partner in the U. S. And that is going to convey something very specific, but it hasn't been outline exactly what that is so suggesting that it's a little Less than a straight forward as a deal. No deal might be. An Oracle shares are up 8.5%, while Microsoft is down a third of a percent in Tokyo. Shares of Softbank Surge 9%. The company reached a deal to sell its chip division arm two in video for $40 Billion in video shares are up almost 6%. Cheers of New Jersey base and, you know, medics have more than doubled in pre market trading. It's being acquired by Gilead Sciences for about $21 Billion Immuno medics makes a promising breast cancer therapy and the chairman of you, B s and credit. Suissa reportedly exploring a potential merger to create one of Europe's largest banks. Swiss media report. The project is driven by U BES Chairman Axel Veber and could happen early next year. Spokesman for the two banks declined to comment. SNP futures are up. 42 points this morning, down Futures up 296 and NASDAQ futures of 159, the DAX in Germany's of 1/10 of a percent of the 10 year treasury of one, 32nd. He'll 10.66% The yield on the two year 20.13% and a straight ahead. We have the latest world and national news and this is Bloomberg. Thanks, Karen. It's 5 33 on Wall Street and Michael Bar has more on what's going on around the world. Michael. Thank you very much. Nathan. New York Governor Andrew Cuomo says the state's Govind infection rate remains below 1%. For 37 straight days. Mama was said yesterday that the state reported 725 new cases of Corona virus, he says, though, as we head into the fall and flu season, we need everyone to continue to wear masks, socially distance and wash their hands. Also, starting today, riders will be fined $50. For not wearing a mask.

Bloomberg Oracle chairman John Tucker Microsoft TIC Tac Governor Andrew Cuomo Bloomberg News Michael Bar Mama University of Oxford New Jersey Gilead Sciences AstraZeneca Derek Wall Bank Softbank New York Axel Veber UK flu
"john tucker bloomberg" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

03:23 min | 1 year ago

"john tucker bloomberg" Discussed on Bloomberg Radio New York

"In New York I'm John Tucker Bloomberg daybreak all right John thanks in Washington house Democrats are unveiling a three trillion dollar corona virus relief built the proposal is full of progressive priorities unlikely to gain approval in the Senate but it could serve as an opening bid in negotiations with the White House meantime Senate Republicans are pushing to impose sanctions on China if the government does not cooperate with an investigation into the origins of covert nineteen it's one of three current proposals targeting China and the latest move unlikely to escalate tensions with Beijing futures this morning again they're on the rise S. and P. futures up three points Dow futures at forty four nasdaq futures up twenty six the dax in Germany is down one point seven percent of the ten year treasury up five thirty seconds he'll point six five percent straight ahead the latest world and national news and this is for the birds thank you it's five thirty three on Wall Street and we bring back Michael bar for more what's going on around the world Michael thank you very much may third New York is seeing more drops in total coronavirus hospitalizations and intubation rates but also seeing one hundred ninety five new deaths governor Andrew Cuomo says that number is still a bit high then the day before but it is still trending down never forget what we did here what new Yorkers do by their actions and their sacrifice they save lives and save hundreds of thousands of lives because that projection of what the virus was supposed to do was much much worse than what it wound up doing so we're making real progress there's no doubt the governor also said New York made sixty one billion dollars in federal assistance criticizing Congress for funding big businesses rather than state and local governments the MTA says it meets three point nine billion dollars more in aid to reopen safely a major part of a three trillion dollar stimulus package in Congress is set aside for transportation in the U. S. without the additional funding transit agency officials say he will be a challenge for states to re open the corner virus continues to take lives in New Jersey governor Phil Murphy today we report another one hundred and ninety eight fatalities of losses of blessed souls from covert nineteen complications are statewide total now stands at nine thousand five hundred and eight governor Murphy also says with seventeen new cases for every one hundred thousand residents the state has a higher rate of infection the New York California or Texas in Connecticut there were thirty three new covert nineteen deaths California governor Gavin Newsom says the state is making progress in testing Bloomberg said Baxter has the story Newsome says not enough progress but that is good news is we are now going to increase additional sites with our pharmacies in the state of California and we hope to start seeing those pop up very very soon he said not every pharmacy will want to do them he also says statewide guidelines are now posted for opening up dine in restaurants for malls and for curbside pickup for restaurants he says the key will be spacing in San Francisco I'm at Baxter Bloomberg daybreak a key panel of the Democratic National Committee voted to allow delegates to cast their votes remotely for the party's presidential nominee it is the first step toward making the party's convention at least partially a virtual event in response to the corona virus pandemic the event is scheduled to.

New York John Tucker Bloomberg
"john tucker bloomberg" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:32 min | 1 year ago

"john tucker bloomberg" Discussed on Bloomberg Radio New York

"The small business administration loan program their eligibility remains unclear though some firms fit the criteria with fewer than five hundred employees hedge funds of course are designed to employ as few people as possible in order to avoid sharing fees the issue is dividing the money manager of community some call it morally corrupt while others insist they are small businesses like many here salon restaurant or dry cleaners the program is first come first served and we're told that many money managers have been quick to submit their paperwork in New York I'm John Tucker Bloomberg daybreak all right John thank you mean time as the White House and local authorities laid plans to reopen the economy tensions between president trump and democratic governors appear to be easing I'm not gonna put any pressure on any governor to open I'm not going to say to governor Cuomo you that open within seven days I want him to take his time do it right New York governor Andrew Cuomo also taking steps to de escalate tensions with the president I put my hand down in cold rooms partnership and cooperation with the president if you want to fight is not going to get it for me governor Cuomo and says that states control when business gets back to normal officials from seven northeast states start meeting soon to examine how to re open the economy the time in California governor Gavin Newsom is laying the foundation for getting his state back to working here with details is at Baxter from our Bloomberg nine sixty news Rome in San Francisco the governor is laid out six steps to get there let's not make the mistake of pulling the plug too early as much as we all want to I don't want to make a political decision he says the state needs guidelines for businesses and schools to reopen needs to know how to close back down if there's a second surge he says we must prepare for the new normal which could include having your temperature checked if you go to work into a restaurant or a school he says things will be very different in San Francisco I'm at Baxter Bloomberg daybreak all right at thank you S. and P. futures down fifty four points Dow futures down four hundred thirty eight and nasdaq futures down one hundred thirty one ten year treasury up twenty to thirty seconds he'll point six eight percent yield on the two year point one nine percent and straight ahead we have the latest world and national news and this is Bloomberg all right Karen thank you it is five oh seven on Wall Street and Michael Barr is here with more on the world's response to cope in nineteen good morning Michael good morning David New York City that it thousands of people.

president governor Cuomo Gavin Newsom San Francisco Bloomberg Karen Michael Barr New York City John Tucker Bloomberg White House California Rome Baxter Bloomberg David
UN - 85% of new infections, deaths coming from Europe and US

Bloomberg Daybreak

00:35 sec | 1 year ago

UN - 85% of new infections, deaths coming from Europe and US

"Time deaths from the crown of virus continue to climb as the outbreak spreads in the U. S. and Europe for the very latest we're joined live by Bloomberg's John Tucker good morning John Pennington fatalities around the world are nearing nineteen thousand as infection surpassed four hundred thousand here in the U. S. there are fifty five thousand cases and eight hundred deaths nearly half of all the infections are in New York state meantime in Florida the National Guard to deploy to airports degree flights from New York the guard is mandating travelers from the state to self isolate and asking for information on where they plan to stay other visit I'm John Tucker Bloomberg

Europe Bloomberg Florida National Guard New York John Tucker Bloomberg John Tucker John Pennington
"john tucker bloomberg" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

10:06 min | 1 year ago

"john tucker bloomberg" Discussed on Bloomberg Radio New York

"This is Bloomberg market coming up we're gonna talk to our good buddy terror lush appellate Bloomberg can you get her thoughts on Netflix the companies reporting earnings after the close tonight also discuss the streaming wars in general plus Senate peach for trial of president trump against tomorrow we will preview what to expect over the next several days and weeks but first let's go to John Tucker Bloomberg news for a Bloomberg business class all it is risk of off to some extent the and the US will global markets you'd be looking for something to blame the impact of a mysterious respiratory virus in China a big field across the stock markets now you have here is a European luxury goods sliding for second session followed the declines in Asian conservators related companies now by contrast if selector of developers and makers of things like masks and protective gear they are all close shoring you have that luxury leader LVMH falling as much of that was much as four percent of Paris today xcelerated Klein from Friday's record as we look at stocks in the US right now the major averages Dow Jones industrial average seventy two points lower that's down about three tenths of a percent with twenty thousand twenty nine thousand two hundred seventy five yes to be five hundred eight points lower that's down to chance at thirty three twenty one and in the broader market one hundred eighty nine shares around three hundred and fifteen are down right now the S. and P. five hundred nasdaq composite index that's a thirteen points lower this down in Tampa at ninety three seventy five but of a spike to volatility up about four percent to fix that is still of twelve fifty eight we have the ten year yield one seventy seven as the prices up by twelve thirty seconds and we have the began one of nine ninety four usually I haven that's up to tens of a percent against the greenback Wycheck markets for every fifteen minutes during the trading day right here Bloomberg radio John Tucker that is your Bloomberg business flash Bloomberg informed perspectives and expert data driven commentary on breaking news it is ten thirty three and it is time to check in with our Bloomberg opinion colleagues say Terrel Chapelle we are so like lucky to have her darkening the doorway is that Tom keynote would say we're talking Netflix at because Netflix is reporting earnings after the bell highly anticipated given how much their shares have absolutely surge and how much competition they face this year terra what are you looking for when they report so I think a lot of people expect that the U. S. numbers are gonna be so great they might mess on those you could tell by sort of the ramp up in marketing they did towards the end of last year and a lot of their newer movies and shows didn't get released until around the holidays anyway so you might see an uptick in customers are taking customers leaving or fewer sign ups in the U. S. but really the growth is coming internationally so you can't can kind of see how they're so far ahead of these other apps that are launching and how these other companies like Disney you're gonna have to catch up with that but I think as far as the threat of you know Disney plus an apple TV plus there shouldn't be too much of an impact on this quarter's earnings yet because you know these apps are so new and I don't think that they had enough on them out once for people to just go ahead and just cut net flex but it does point to you know a higher rate of turn on all of these apps towards the middle and end of this year as more people become aware of the services and start to kind of bounce between them terms what is net Flix management Santa reed Hastings the co founder and CEO was really always been I think very forthright with how he views competition what is he saying about how the streaming you know environment was like a play out over the next few years I mean I think he thinks there's room for everybody but it does mean more spending you know we're seeing that already he said you know not flex spending had gone up like thirty percent on new content last year because you know they can't make a show like house of cards at a hundred million dollars anymore you know it's becoming very costly because there's just more studios and more services competing for ten Alan and when there's more demand for content so there's a lot more shows out today than there were you know ten years ago on regular cable TV so I think it's just becoming very expensive and I think that's why last week's release are unveiling of Comcast NBC use peacock service is very interesting because they're going the ad supported route and I think that tells you that you know Comcast realizes this isn't really a great business model the way the streaming apps are now and maybe we're going to need to go to advertising to make these profitable and you were to call about how that's the right approach I think so I mean I don't think ads are enjoyable but I think that when it comes down to price and you know just having all these different services and it's it's just becomes very expensive I think at the end of the day so I think if they could find a way to have ads be less intrusive and maybe keep the cost down it would be good is there an opportunity here to have no cost you're very low cost get enough of a critical mass if they're the only mover in this kind of model they can command a higher premium from advertisers and it's been shown that people would prefer a lower cost the no ads is that it definitely they're going for eyeballs and you know Comcast even said this is going to be free for not just Comcast subscribers but **** subscribers as well and they're hoping to talk to the other cable operators about this and have those operators make it free for their customers as well because this is all about getting eyeballs not about getting a five dollar ten dollar month subscription fee and that's a very different strategy than what these other companies are pursuing you know the the margins on that look a lot better you know who who makes more money off of it ad supported customers than its higher subscription based customers I think that's what Comcast is looking at and trying to emulate is now still a stock that's driven by subscriber numbers as opposed to you know profit margins and free cash flow and things like that I guess for now I mean I think this year that's going to have to change right or maybe they'll have to talk up international more we're just not going to see that growth on the US side anymore and you know Netflix has kind of gone back and forth between talking about this goal of getting to you know cash flow positive verses well maybe not now you know because there's all these other services and it's very expensive to stock as the content nowadays so I think I don't know what the story is going to be this year you know something's gonna have to change and this business generally but right now I don't think subscriber numbers are going to be super impressive tonight all and shareholders don't care about cash burn at this point right for Netflix sorry to hear a little bit more I I think people are starting to carry a little bit more because they're gonna have competition for the first time real competition is and as much as reed Hastings says that you know their competition is still traditional cable TV and getting people to cut the cord and he kind of use it as anyone who cuts the cord is good for the streaming industry you know Netflix does have rifles and they may not be as great as Netflix but they're gonna be out there people are curious interesting arranging to see to what extent these these stories can go from being subscriber growth stories to kind of real business stories and now because I think we can see what Disney does if they start disclosing their subscribers which we don't know whether they can do that but I didn't actually it seemed like they were a subscriber numbers for Disney plus listen the first day the first week the first month were were pretty good Terrel Chapelle entertainment and telecommunications commerce for Bloomberg opinion thank you and is here in a Bloomberg interactive Rooker studio you can read more of terror stuff it's awesome stuff she covers the TNT space you can read that on Bloomberg dot com slash opinion and on the terminal by typing P. I. N. go lots of good stuff well yeah she has a chart for example in her out whenever result columns comparing the cost for the different streaming services and you can kind of feel how peacock is trying to position itself as a lower cost option but with all of the content but with a supplement of advertising is very interesting model attention to see how these companies are tearing their products you can get it free get with ads ad supported pay a lot a little bit you run the risk of their of confusing people where Hey I just go to the Netflix and pay my ten or twelve Bucks a month and I'm good to go so let's see how this plays out right now let's head down to our ninety nine one studios in Washington DC for world and national headlines made an acre Nathan hall thanks president trump has been touting the U. S. economy and focusing on trade as he visits the World Economic Forum in Davos but he's also keeping an eye on impeachment as the Senate trial is set to get underway in just a couple hours at all think is a total of so I'm sure it's gonna work out fine president spoke to reporters as in Switzerland as Democrats in Washington gear up for a fight over the rules Senate Majority Leader Mitch McConnell is proposing twenty four hours of arguments for each side spread over two days of peace minority leader Chuck Schumer says that would mean a week of very late night is the Republican arguments were so strong if president trump we're so confident and McConnell was so confident his arguments why do they have to do them the two in the morning time house impeachment managers are raising concerns about the president's lead lawyer saying White House counsel pats of Bologna is himself a fact witness who should turn over documents about the president's actions toward Ukraine a caravan of as many as three thousand migrants is testing Mexico's pledge to president trump to hold undocumented arrivals to the U. S. Bloomberg's Amy Morris reports from Washington Mexico faced generalized terror threats from president trump last year if it didn't slow the number of central American migrants reaching the US now Mexican president Lopez Obrador has promised caravan members jobs and transported more than a thousand migrants to Mexican immigration centers for processing analysts say over door is just doing what he can to avoid clashes with president trump in the run up to the presidential election in Washington I'm anymore as Bloomberg radio global news twenty four hours a day on air and on quick take by Bloomberg powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries this is Bloomberg why do you have and now a page from the diary of flow dear diary there's something about protecting people's homes to progressive that inspires me because I just had an idea for a book well it was originally an idea for a movie based on a play inspired by a podcast but the idea.

Bloomberg Netflix Senate president John Tucker Bloomberg
Your Market Minute

Rush Limbaugh

00:57 sec | 1 year ago

Your Market Minute

"Investors are cheering the latest trade agreement with China that's something bush stocks higher the S. and P. five hundred Dow Jones industrial average reached all time intraday highs markets received an added boost after the White House economic adviser Larry Kudlow promoted more tax cuts on the whole investors are largely ignoring disappointing quarterly results from Goldman Sachs and bank of America target shooters are taking a hit looks like it's cheap chic offerings missed the mark for the holidays slower digital sales and growth and a calendar shift with fewer days between thanksgiving and Christmas also contributing to the softness there general motors's delivering on one of the key promises made in its new labor contract the car maker is giving thirteen hundred temporary staffers full time status and for years marketers of use computer cookies to track would be customers now Google is authentic the advertising world with its decision to render cookies obsolete I'm John Tucker Bloomberg

China Larry Kudlow Goldman Sachs Google John Tucker Bloomberg White House Economic Adviser Bank Of America General Motors
Iran Says Retaliation Will Be 'Historic Nightmare' for U.S.

Bloomberg Daybreak

02:06 min | 1 year ago

Iran Says Retaliation Will Be 'Historic Nightmare' for U.S.

"Morning Aransas retaliation for the killing of its top general will be quote a historic nightmare for the U. S. the head of Iran's National Security Council is assessing thirteen scenarios to respond just **** Janaka sees director of economics at the golf research center what you're on is gonna most probably do is go ahead and do the proxy wars escalate all these proxy wars around the region to be it the whole see the Yemenis hitting on Saudi targets probably Saudi Aramco again this could escalate in many different ways but Iran should stay away from misleading US targets directly because then I believe the US is going to fall on an all out war against Iran Iran's foreign minister warns the US will suffer consequences at a time and place of a ranch choosing he also says the countdown has begun for America's exit from the Middle East I'm John Tucker Bloomberg daybreak night John thank you no predictions very on what form of retaliation from Iran would take but most analysts don't expect a direct conflict Steven cook a senior fellow for Middle East studies at the council on foreign relations people are getting a little carried away I don't believe that there's going to be a war in the desert of Iraq between the United States and Iran they will take their time and responding places of their choosing and they have capabilities ranging from cyber attacks to terrorist attacks to targeting Americans abroad whether it's in Europe or the Middle East there I think that the United States in American should be prepared that there will be retaliation but the idea that there's going to be regional war over this I think is the least likely result long term Steven cook says the most serious threat from Iran is tied to its nuclear program based on varying estimates they could have a nuclear weapon within a year to five years that is one of the real downside consequences of what the president has done they'd be easy retaliation on the part of your audience is to go forward with its nuclear program Iran also warns of a multi generational war if the Middle East continues to rely on an American presence in the

United States John Tucker Bloomberg Director Of Economics Aransas President Trump Steven Cook Middle East Europe Iran Iraq Senior Fellow America Saudi Aramco Janaka National Security Council
"john tucker bloomberg" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:56 min | 2 years ago

"john tucker bloomberg" Discussed on Bloomberg Radio New York

"On Wall Street. Good morning. I'm Nathan Hager. And I'm Karen Moskow where just about three hours away from the opening of US trading. Let's get you up to date on the news. You need to know at this hour. US futures are leading losses around the world is the trade war between Washington and Beijing escalates. Chinese state media are blaming the US for a lack of progress in trade negotiation, Bloomberg daybreak Asia anchor Bryan Curtis has more from Hong Kong investors away, China's retaliation to hire you as terrorists. But so far no response. The people's daily said the US bears full responsibility because it says the US went back on its word imposed tariffs. Goldman Sachs Morgan Stanley cutting their forecasts on the Chinese currency and ASEAN Bank saying no deal between the US and China is now it's base case Kong. I'm Bryan Curtis. Bloomberg daybreak. Brian. Thank you doubt. Futures are done about three hundred points this morning. China's you want is trading near a three month low. Crude oil is rising amid more tensions in the Middle East. Saudi Arabia says two of its world tankers were attacked while sailing toward the Persian Gulf checking prices now west Texas Intermediate's up one point four percent or eighty seven cents sixty two dollars fifty four cents a barrel. While Brent the international trademark is up. One point seven percent at seventy one dollars seventy nine cents. Investors will be watching the second day of trading for Uber following its flop. We get more live from Bloomberg's John Tucker there. Here's Karen Uber losing ground again down two and a half percent of the pre market Hoover debuted at forty two dollars a share on Friday, well below the IPO price of forty five dollars. It closed at forty one fifty seven that gives it a market cap. Of just sixty nine point seven billion dollars. Investors are questioning the path to profitability movers losses last year. Total three billion dollars on an operating basis. But the company says the most important staff to look at bookings John Tucker, Bloomberg daybreak John. Thank you the bitcoin. Reserve continues this morning. The crypto currency is above seven thousand dollars trading at the highest level since September. It's a busy week for fedspeak errors fed. Vice chairman, Richard Clarita, Boston fed president Eric Rosengren and New York fan president John Williams are among those speaking at a Vince this week and in London Theresa May's government is due to resume talks on Brexit deal with the main opposition labor party this week. And right now futures are lower SNP futures are down thirty six points. Dow futures down three hundred two NASDAQ futures down one hundred twenty eight ten year treasury up thirteen thirty seconds yield two point four two percent. And the yield on the two year is at two point two one percent. Nymex crude oil again up one and a third percent. Comex gold then a quarter percent or down three dollars ten cents at twelve eighty four thirty announced and straight ahead. We have the latest world and national news. And this is Bloomberg. Thank you. Karen? It's six thirty three on Wall Street and Michael Barr has more on what's going on around the.

Bloomberg US China Bryan Curtis John Tucker Karen Moskow Nathan Hager Karen Uber Goldman Sachs Morgan Stanley Saudi Arabia Karen Persian Gulf Hong Kong Middle East John Williams Michael Barr Eric Rosengren
"john tucker bloomberg" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:43 min | 2 years ago

"john tucker bloomberg" Discussed on Bloomberg Radio New York

"And it's now six thirty on Wall Street. Good morning. I'm Nathan Hager. And I'm Karen Moskow. We are just about three hours away from the opening of US trading. Let's get you up to date on the news. You need to know at this hour, stocks you around the world are struggling for traction this morning. Japan's Nikkei dropped one percent. Treasuries are steady after yields fell yesterday following soft inflation data that's most during best. The Federal Reserve will remain patient. Boeing shares are down another one and three quarters percent this morning for the latest on the fallout over the seven thirty-seven max jet crash, we go live to Bloomberg's John Tucker. John and Nate Norwegian error says it will. Now seek compensation from Boeing after grounding their fleet of seven thirty-seven, max planes, the GOP and airline. Ceo tells CNN there are substantial similarities between the March tenth crash and the lion aircrash in October involving the same Boeing plane model more than fifty countries have now banned the aircraft the latest to do so include Egypt. India Hong Kong, Russia Thailand and Lebanon, but here in the US, the FAA continues to say, it's these no safety issue the Boeing seven thirty-seven backs jet. John Tucker, Bloomberg daybreak. All right, John. Thank you in Europe. The pound is strengthening this morning. UK lawmakers prepare to vote on whether to tear the country out of the EU with no agreement or give themselves the chance to delay breaks it and the hope of securing better terms in Germany shares of Audie dos down more than three percent. The sportswear maker says it expects sales growth to slow this year. Jeffrey Gunnlaug, the chief investment officer for a double line capital says he believes stocks. Are already in a bear market. Bloomberg's Charlie Pellett has that story gun. Lacks remarks came during double lines, total return bond fund webcast, and he thinks stocks will take out the December low during the course of two thousand nineteen. He also says the next big move for the donor is down and gun lack criticize President Trump for what he called quote the shocking growth in the US debt burden. Charlie Pellett, Bloomberg daybreak. All right. Charlie. Thanks in coming up today. We get data on US producer prices. Those spat at eight thirty AM Wall Street time economists forecast two tenths percent gain for February. And it is six thirty two on Wall Street. Let's get you have to date in how stocks are faring. We check the markets every fifteen minutes throughout the trading day on Bloomberg s&p futures are up three points. Dow futures down five NASDAQ futures up eight and a half. The Dax in Germany is little changed down about a tenth of a percent. Ten year treasury down five thirty seconds yield two point six one percent yield on the two year two point four six percents. Nymex. Crude oil up one percent or fifty five cents to fifty seven forty two a barrel. Comex gold is up eight tenths percent, ten dollars seventy cents.

Bloomberg US Charlie Pellett John Tucker Boeing Nathan Hager Karen Moskow Germany Federal Reserve Jeffrey Gunnlaug Nymex Treasuries Europe CNN Japan FAA GOP
"john tucker bloomberg" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:05 min | 2 years ago

"john tucker bloomberg" Discussed on Bloomberg Radio New York

"Where more than two thirds of those polled plan to dial back on risk twenty eighteen was a horrible year for hedge funds, but not for the world's biggest such fund to Bloomberg's John Tucker joins us live with the details. Good morning, John. Good morning. Karen? According to documents seen by Bloomberg Bridgewater associates flagship hedge fund pure alpha finish the year returning fourteen point six percent Neta fees the gains for his pure alpha strategy came as other fund managers were whipsawed by volatile markets resulting in the industry. Posting one of the worst years ever hedge funds on average lost six point seven percent at twenty eighteen. That's according to the HR FX global hedge fund index Bridgewater founded by Ray Dallaglio as about one hundred sixty billion dollars in assets. Under management, it trades across one hundred fifty markets. The firm has operated the pure alpha strategy for nearly three decades and has generated an average annual net return of about twelve percent per year. John Tucker, Bloomberg daybreak John. Thank you, some of the other corporate stories, we're watching this morning after four years of planning tesla finally broke ground on its plan to five billion dollar factory in China. CEO Elon Musk and Shanghai officials kicked off construction of the facility today. It would be Tesla's first car manufacturing plant outside the US can finally be the end of the line. I sear sources tell Bloomberg chairman Eddie Lampert its bid to buy several hundred stores out of bankruptcy fell. Short of bankers. Qualifications that has representatives for Sears preparing for liquidation sales beginning as early as next week shares of PG and E R down fourteen percent in early trading. That's after sources told Bloomberg the company's considering bankruptcy protection. The filing could come in weeks as PG and E seeks to organize Bill. Millions of dollars in potential liabilities from wildfires. That may have been started by its equipment and US stock index futures are lower with us and p futures down three points. Dow futures now that'll change down five points straight ahead. We have the latest world and national news. And this is Bloomberg. Thanks,.

Bloomberg Bloomberg Bridgewater associat John Tucker Tesla US CEO Elon Musk Eddie Lampert Ray Dallaglio Sears Shanghai Karen chairman China one hundred sixty billion doll five billion dollar fourteen percent twelve percent seven percent
"john tucker bloomberg" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

05:00 min | 2 years ago

"john tucker bloomberg" Discussed on Bloomberg Radio New York

"Nathan jared. We begin with the arrest of a Chinese executive that threatens to ramp up tensions between the US and China Weiwei chief financial officer Wong. Joe mung is under arrest in Canada. Bloomberg's John Tucker reports the CFO of wall wa is now facing extradition to the United States on suspicion. She violated US trade sanctions against Iran. She was arrested in Vancouver at the request of US. Authorities. A bail hearing has been set for Friday, John Tucker, Bloomberg daybreak. All right, John. Thank you. Their arrest is likely to heighten tensions between Washington and Beijing just days after striking a trade truce. Bloomberg's Karen Lee reports from Hong. Kong. This isn't the first time that while away has been looked into by the US for possible. Sanctions violations at has asked the company to declare whether sending US technology to rogue countries, including Iran, Syria, and even North Korea maybe violating sanctions by providing these kind of blacklisted regimes with products that use American technology, and that of course, feeds into one of the greatest divergences at this point between the US and China, which is US concerns that China's involved in intellectual property and technology theft. News of monks arrest is provoking strong protests from the Chinese embassy in Canada, which is demanding the US and Canada free. Her now, lungs importance and prominence in China are hard to overstate that, according to Bloomberg opinion, columnist Tim copen in Taipei royalty. I mean, she's really really important. You know, I don't know how many other ways to stress this too people who ask me about it all day. She's very very important and for the US. Via candidate go after one of the most important people in China's political and financial circles in the culprits fear is very very very significant people need to understand that no one show among is not only a while ways. CFO? She's also the daughter of the company's founder, China's currency is weakening on the news and songs across Asia tumbled with the Asia Pacific index. Posting a loss of one point eight percent. Bloomberg's Yvonne man has more from Hong Kong, we were already dealing with the trade issues. And now you add another fire to the mix. We saw the likes of the Hang Seng the large-caps in China and the Nick fall some two percent, and it raises the question now is why wait the next Z T analysts, tell us the ripple effects bigger than what we saw with Z T E, given the fact that way is a national champion in China. In Hong Kong, I'm Yvonne man, Bloomberg daybreak. Thanks, Yvonne in US, stock futures are falling sharply following word of the arrest. We get more on that from Bloomberg. Macro strategist, Mark Cudmore. Anyone who's long couldn't avoid kind of feeling the pain overnight the move Dane from Wednesday's unofficial closed because it was US holiday was two and a half percent in this first couple of minutes, which delves exceptionally violent move for the world's largest market. So everyone's going to feel the pain people are going to be dealing with the losses today. But it's important to emphasize that there's not really any directional message to take away from this longer term for markets. This doesn't mean as much short-term. We're seeing more volatility this year. And that means that short-term price option has a much greater noise to signal ratio than it did last year. It's just a market which saw more sellers than buyers. I'm afraid futures have paired some of their earlier losses, but they're still down one point eight percent this morning. Europe's stock six hundred meanwhile is down two point three percent. We also have a report that China could be behind the massive hack of Marriott international. According to Reuters, a hack of the hotel group may have been an intelligence gathering operation by China's government. Their report says prime. But investigators found hacking tools, techniques and procedures that featured and past attacks attributed to Chinese hackers. So it's not all bad news when it comes to US China relations. Beijing says it's reached deals with Washington on agriculture autos and energy following last weekend's g twenty summit. China says it will immediately begin implementing a consensus agreement on those items though. No specific details were given we're watching oil tumble this morning as OPEC and his allies meet in Vienna to consider production cuts. Bloomberg's Jessica summers reports Saudi Arabia and other members of the OPEC plus group have recommended an oil output cut, yet haven't said how large of a reduction it should be. There are reports that Russia is on board as well. The last time oh beckon allies agreed to cut output in late two thousand sixteen they reduced production by a combined one point eight million barrels a day. I'm Jessica summers. Bloomberg daybreak. All right. Jessica thank you right now. Crude oil is down two point nine percent on a dollar fifty to fifty. One dollars thirty nine cents a barrel. And Brent is down two point eight percent on a dollar seventy five to fifty nine dollars seventy nine cents a barrel. Again, futures tumbling s and p futures down forty eight points this morning and straight ahead. We have the latest world and national news. This is Bloomberg. Thank you. Karen? It's five.

Bloomberg United States China China Weiwei John Tucker Jessica summers CFO Canada OPEC Beijing Karen Lee Washington Hong Kong Iran Nathan jared Yvonne man Joe mung Vancouver chief financial officer
"john tucker bloomberg" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:10 min | 2 years ago

"john tucker bloomberg" Discussed on Bloomberg Radio New York

"Hey, John Tucker, Bloomberg newsroom with the closing bell report. Ugly day for stocks at the close S and P five hundred Fidel, the NASDAQ all down over three percent S and P five hundred ending the session down about eighty nine points. Still getting stocks to settle right now down three point two percent right at twenty seven hundred three s and p five hundred I should also point out the volume twenty percent, Bob. The average today Dow Jones industrial average three percent lower down seven hundred eighty eight points twenty five thousand thirty seven right now. But NASDAQ composite index down three point eight percent. That's now two hundred eighty three points at seventy one fifty eight. Gina Martin Adams chief equity strategist with Bloomberg television's answer a little earlier over some of the factors leading to today's decline in the markets. Reminding us. Increase interest rates. Could be contributing to this a little bit. You know, I think frankly, just the correction and people want to take a lot of risk financial engineers. They got hammered as the yield curve continued to flatten the yield on the benchmark ten year note two point nine one percent compare that to the two year two point eight percent. So that's the difference there Levin basis points right now that eats into the financials net interest margins losses, accelerated, the trading vibes and the s&p five hundred futures spiked. After the contracts of four broke up for that broke below their two hundred day moving average, we have President Trump suggested fifty could extend a ninety day truce trade war with China. But it's a top White House. Economic adviser backtrack from the president's announcement. We have again the s&p five hundred down ninety points. Decline of three point two percent. The Dow was down seven hundred ninety five points. I'm John Tucker. That is a Bloomberg business flash. Thank you. I know you'll like..

Bloomberg John Tucker Bloomberg television Dow Jones Gina Martin Adams Fidel President Trump Bob bell Levin Economic adviser White House president China eight percent three percent two percent
Theresa May: Brexit will stop EU nationals 'jumping queue' ahead of non-EU workers

00:31 sec | 2 years ago

Theresa May: Brexit will stop EU nationals 'jumping queue' ahead of non-EU workers

"Failure may be tied to California's deadliest fire. Bloomberg's John Tucker joins us live with details. Good morning, John. Good morning. Nathan the utility says in a filing with state regulators that a circuit and Butte county failed on November eighth. PG says there's been no determination of the cause. California's biggest utility has filed to incident reports says the fire began and about half its market value, roughly twelve billion dollars vanish. She had a little more than a week it. Previously told state regulators that URL inspection found damage to a transmission tower. John Tucker, Bloomberg daybreak. Thank you, John. The board of CVS is gearing up for talks to the Viacom and emerge could be announced to the next three to six months. That's according to the New York Post, which says Sherry Redstone, the vice chair of CBS and Viacom is considering three way merger that would include video game company. Take two interactive. Shares of apple or down one percent in early trading. That's after a Wall Street Journal reports said Apple's cut production orders in recent weeks for all free iphone models. It unveiled in September. And futures this morning are lower S and futures down five points. Dow futures down forty four NASDAQ futures down five ten year treasuries down six thirty seconds, yield three point. Oh, eight percent yield on the two year two point eight two percent. And straight ahead. We have the latest world and national news. This is Bloomberg. Thank you. Karen six. Oh,

John Tucker Bloomberg Viacom California Apple Wall Street Journal Sherry Redstone Vice Chair Nathan New York Post Butte CVS Karen CBS Twelve Billion Dollars Six Thirty Seconds Eight Two Percent Eight Percent
"john tucker bloomberg" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

03:01 min | 2 years ago

"john tucker bloomberg" Discussed on Bloomberg Radio New York

"Thirty on Wall Street. Good morning. I'm Nathan Hager. And I'm Karen Moskow. We're just about three hours away from the opening of US trading. Let's get you up to date on the news. You need to know what this shower this sell off then wiped out this year's gains for US stocks continued in Asia today. Japan's Nikkei fell three point seven percent while the Asia Pacific index push deeper into a bear market, Scott monitored as chief investment officer for Guggenheim partners. I think the big psychological break was when the ten year note, one above three percent, all of a sudden, it it started to wake people up and say all the feds raising interest rates becoming competitive with stocks all the same. Stories. We were telling ourselves a month ago are still true. And it's a good time to maybe do some shopping US futures. And European equities are rebounding this morning s and p futures are up seven tenths of upper set while the Europe stock six hundred index is higher by almost two tenths of a percent. We have earnings from UBS shares are up more than three percent after results at its investment Bank. Beat estimates. Shares of WPP or down eighteen percent in London the world's largest advertising company revealed. A big earnings miss and cut it sales outlook. Shares of tesla are up eight percent in early trading after earnings results that blew away expectations. Bloomberg's John Tucker joins us live at details. Good morning, John. Nathan tesla reported a profit. That's just the third time at its history that's happened adjusted net income was two dollars ninety cents. A share analysts were expecting a small loss. The free cash flow was about eight hundred eighty one million dollars. That is a turnaround from the billions of dollars. Tesla was burning on a quarterly basis. John Tucker, Bloomberg daybreak. All right. John. Thank you were watching earnings here. Crossing the Bloomberg com. Cash reporting a third quarter profit that beat analysts estimates taking locate revenue that beat as well and a third quarter. We do get earnings today as well from alphabet, Amazon, Twitter and Intel in total more than seventy combination. The s&p five hundred also on today's schedule. Karen, the European Central Bank issues its policy decision at seven forty five. AM Wall Street time remarks from president. Mario Draghi scheduled Forty-five minutes later at eight thirty. It is six thirty two. Now on Wall Street time for the volatility index report and the Vicks surged yesterday to close at twenty five twenty three separately in today's extended morning trading vix is currently at twenty three sixty one. And that is this morning's volatility report. All right. Thanks nathan. And futures this morning are higher s and p futures up twenty points. Dow futures up one hundred fifty seven NASDAQ futures up ninety nine the Dax in Germany's up three tenths of a percent ten year treasury down six thirty seconds. Yeah. Three point one two percent. And the yield on the two years at two point eight four percent. And straight ahead. We have the latest world and national news. And this is Bloomberg. Thank you, six thirty three on Wall Street. The news update is brought to you by investors Bank business wins here. Connect your team with the experts at investors Bank for business solutions to move.

US Bloomberg John Tucker Karen Moskow tesla Nathan Hager Nathan tesla European Central Bank investors Bank Asia UBS WPP Mario Draghi Vicks Guggenheim partners Europe nathan Japan
"john tucker bloomberg" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

04:33 min | 3 years ago

"john tucker bloomberg" Discussed on Bloomberg Radio New York

"Dollar credit line. Black rock fixed income chief investment officer wreck rider says that support could help Argentina turned the corner. Their leverage is not that high as long as they get the liquid in the back of the other package that came through over the weekend. They don't have access the public market so that aggressively. Meanwhile, as survey from Argentina's central Bank shows, a communist forecasting, a deepening recession with an even weaker peso and higher inflation. In Italy government bonds are climbing after the country's populist party vowed to respect European Union deficit rules. The reassurance comes after reports. The party was discussing a budget deficit below the three percent GDP limit which drew criticism from other countries in the bloc. Hartwig Lugar is Australia's finance minister. We should be clear that it is powerful into European Union. And if we have common rules, every one of us is also asked to fulfill the rules, use government house, another high level budget meeting set for today and the U K. Mark Carney will reportedly stay on as Bank of England governor until twenty twenty Bloomberg Sebastian satellite joins us live from London with details. Good morning Sebastian. Good morning. Karen, Bob, this is according to a report in the financial times that says the plan has the backing of Theresa May. So Connie total will make his yesterday that he would be extending his tenure for a second time to help the UK's transition out of the European Union. He confirmed he's discussed the chance the. She with the chancellor Zeca Hammond, but stop show to prevailing more, including how much longer he might be prepared to serve. A treasury official said that announcement about Connie's future will be made in Juku us live in London. I'm Sebastian sonic. Bloomberg daybreak. Sebastien? Thank you on the trade front talks to revamp. Nafta resume today in Washington. Bloomberg's John Tucker joins us live with the latest. Good morning. John. Good morning to you. Bob candidates. Warning. It will dig in on key issues. Prime minister Justin Trudeau says you'd rather see the current deal. Kill that'd be forced to accept a bad agreement. Judo insisted new NAFTA must include anti-dumping panels that are in the current treaty. President Trump is threatening to exclude Canada from new NAFTA amp proceed with Mexico only. But Canada is not without leverage. Mr. Trump is facing pushback from members of congress and powerful business groups, then McGrath Ron Wyden ranking member of the Senate finance committee says congress has thirty over trae the president cannot pull America out of NAFTA. Without Congress's permission. The president says congress should not interfere John Tucker, Bloomberg daybreak. All right, John. Thank you. We'll also get US trade data today at eight thirty AM Wall Street time, economists say the US trade deficit in goods and services probably widened to more than fifty billion dollars in July. Bloomberg's Vinny Del Giudice reports China Canada. Mexico trade is a hot button, Bloomberg economics says the impact of tariffs on Chinese goods will probably way today's report. Preliminary data showed the merchandise trade deficit widened the seventy two point two billion dollars in July, the largest gap and five months. Vinny Del Giudice, Bloomberg daybreak. Many. Thanks, the latest round of congressional hearings on social media set for today. Bloomberg's Jeff Bellinger has more. The Senate intelligence committee and the house energy and commerce committee will hold back toback hearings with lawmakers questioning Twitter CEO, Jack Dorsey and Facebook chief operating officer Sheryl Sandberg. The Senate panel will focus on election interference the house. Hearing will look at transparency and accountability. Jeff Bellinger, Bloomberg daybreak. Jeff thank you to notable. There is what won't be in attendance, or who won't be in attendance, rather the Senate rejected Google chief legal officer can walk her as a witness saying he wasn't high level enough to testify. So instead of sending a Representative Google released written testimony ahead of the hearing futures this morning are moving lower and straight ahead. We have the latest world and national news. This is Bloomberg. Thank you. Karen now, five zero seven on Wall Street's a new book causes more disruption at the White House. Here's Bloomberg's Michael Barr. Good morning. Good morning. Bob, President Donald Trump and members of his administration are disputing quotations attributed to them in a new book by journalists. Bob Woodward in which the president is disparaged as an quote idiot and his White House as crazy town in his book. Fear Trump in the White House. Woodward, also writes that senior aides the Trump's snatched sensitive documents off his desk to keep them from making impulsive decisions US ambassador to the United Nations..

Bloomberg President Donald Trump European Union Bloomberg Sebastian John Tucker Sebastian sonic Nafta president Bob Bloomberg economics Jeff Bellinger congress Vinny Del Giudice US chief investment officer White House Mexico Bob Woodward Karen
Los Angeles Rams agree to record deal with Aaron Donald

Bloomberg Business of Sports with Scott Soshnick and Michael Barr

00:38 sec | 3 years ago

Los Angeles Rams agree to record deal with Aaron Donald

"Angeles. Rams star Aaron Donald has signed a record contract the star defensive. Tackle ended his holdout by signing the richest. Contract any defensive player has signed in NFL history the Rams announced the new six-year deal through the two thousand twenty four season worth one hundred. Thirty, five million dollars NFL contracts are not guaranteed however so. The guaranteed portion of the contract is especially important Donald got a forty million dollar signing bonus. And eighty seven million. Of the one hundred thirty five. Million is guaranteed Donald is entering his, fifth season he was selected to the Pro Bowl each of his first four seasons in the league. And was. The NFL defensive player of the, year last

Aaron Donald NFL Bloomberg Nncholas Mims Rams Steve Hanky John Tucker Bloomberg Los Angeles Argentina Federated Investors Tackle Johns Hopkins University Six Flags America John Stolnis Washington Post John Tucker Twitter Phil Orlando Maryland
Argentina’s Peso Tumbles as Turbulence in Emerging Markets Spreads

Bloomberg Best

01:24 min | 3 years ago

Argentina’s Peso Tumbles as Turbulence in Emerging Markets Spreads

"A, mixed Friday. For US stocks it was a winning week thin trading as the Trump administration and Canada plan on resuming trade. Talks next week after discussions ended, with no deal as for the market outlook Phil Orlando is chief equity strategist at federated investors in our view the market is a little extended I think. We're in a fundamental vacuum if you will for the next six weeks or so and I think. We are going to see a risk off environment over the course of the next month or so and brench Schutte is chief investment strategist at northwestern mutual wealth management he says NASDAQ has. Remained resilient the. Tech sector is one of those sectors that have perceived to, be based on the potential economic damage of any trade war. That may result and so therefore I believe it is, getting safe haven money developing nations stocks slumped for a third day and India's rupee. Dropped to a. Record as contagion spread from Argentina and Turkey with more here's Bloomberg's John Tucker contagion has kicked in for the. Emerging markets According to. Johns Hopkins University economist Steve, Hanky the more the market currencies collapse there is a increase probability that. What we'll have some blowback in the in the big major markets he. Says the strong dollars but massive pressure on emerging. Market currencies and, that will not change anytime soon. Anki was senior economist with President Reagan's council of economic, advisers at a served as an advisor. To heads of state in various emerging

Anne Cates Ford Trump Administration Bloomberg Charlie Pellett John Tucker Bloomberg Argentina United States Jama Adhd Hanky Disorder Twitter Brench Schutte Johns Hopkins University Phil Orlando India LD John Tucker
Elon Musk ignites more Twitter controversy, and concern grows about his ability to follow public company FCC regulations

Bloomberg Daybreak

00:48 sec | 3 years ago

Elon Musk ignites more Twitter controversy, and concern grows about his ability to follow public company FCC regulations

"Was, able to do something that I must have been quite difficult. For Mexico and make those professions does really set the. Stage for productive conversations. For us here this week, and there's an emphasis on. Those words this week the US has Friday is the deadline to reach an agreement yesterday's. Talks between the free lend and US, Trade Representative Robert, lighthizer were brief they met again this morning Bloomberg's, senior editor Jodi Schneider the real question is Canada going to get on board and be part of the deal. If it's a bilateral, agreement with Mexico that becomes problematic not only for. Businesses and analysts looking at this but a lot of, lawmakers in Washington, who. Think they did not sign off on just a US Mexico agreement. They are making progress but there's. A few

United States Bloomberg Vinny Del Giudice Bloomberg Bob Michael Bloomberg Sebastian Mexico President Trump Canada John Tucker Bloomberg North Korea Donald Trump Senator John Mccain Karen Bloomberg Senate Twitter Pyongyang Bloomberg Elon Musk Brexit Republican Party
US, John Tucker Bloomberg and Deutsche Telekom discussed on Bloomberg Daybreak

Bloomberg Daybreak

00:16 sec | 3 years ago

US, John Tucker Bloomberg and Deutsche Telekom discussed on Bloomberg Daybreak

"Deutsche Telekom is forecasting higher full year earnings bolstered by growth in the US at underscores the importance of a plan deal for its US unit t mobile to by sprint for twenty six and a half billion Deutsche Telekom is the market leader in Germany and elsewhere in Europe where growth is hard to

United States John Tucker Bloomberg Deutsche Telekom Tesla Asia Deutsche Telekom Europe Thomas H Lee Partners Dun Bloomberg CEO DUN Rite Aid Adidas Soccer Germany China Billion Dollars Three Percent
Trump to hit China with new round of tariffs

Bloomberg Daybreak

03:49 min | 3 years ago

Trump to hit China with new round of tariffs

"That shocked investors tesla CEO Elon Musk. Declaring that he could take the company private word for musk came yesterday afternoon in. The form. Of a tweet and a blog post the left many questions. Unanswered Dana hall reports from our Bloomberg nine sixty newsroom in San Francisco the fact that. He wants to take tesla private is not a surprise he's talked about this in previous interviews with us there's been no SEC filing we're not sure when, there is a board vote, presumably, the, board is, on, board with this but we haven't heard from any of, them we really don't have anything beyond Ilan's tweets and the Broncos most suggested a price of four. Hundred twenty dollars a share to take tesla private that would value the company at eighty two. Billion dollars and would amount to the largest leverage. Buyout in history Wall Street is skeptical of, mosques plans Dennis garment has editor and publisher. Of the garment letter this. Is not going to happen I think this. Was just a game to put the fear of God into the shorts once again which clearly he. Did but do I think that. This is going to come to fruition I, doubt, it, shares of, tesla searched eleven percent yesterday but closed around three hundred eighty, dollars far below the four hundred twenty dollar level cited by musk David Kudlow CEO at mainstay, capital, management is shorting tesla and says he will stay with that position. This doesn't change my perception or outlook and it hasn't changed my outlook. On my short position in fact we were in. Shorting more shares today on. The strength of the stock just a week ago. Tesla reported another quarterly laws where it burned, through hundreds of millions of dollars still there. Are those who think four hundred twenty dollars a share is too low for tesla Russ Gerber is president and CEO at Gerber Kawasaki and a, tesla shareholder value the company at five seventy one this is a rip off I'm not selling for four twenty You know how. Many companies I can find like. Tesla out there there's not the biggest question around Elon Musk land is funding has tweets nor his, belong post yesterday made, mention of how tesla would pay to go private now let's turn? To news on the global stage where, we have another, escalation in the trade war between the US and China Bloomberg's John Tucker joins us live with the, latest good morning John good. Morning to you Bob the Trump administration, says it will begin imposing twenty-five. Percent levies on an additional sixteen billion dollars of Chinese imports in two weeks it'll be the. Second time, the US laps tariffs on Chinese goods Hannah Anderson global strategist at j. p. Morgan asset management, believes it will only get more heated tariffs are a potent political issue in the. US and being able to position oneself as strong on China actually may give some politicians. In the midterm elections a bit of an advantage the US is, reviewing ten percent levies on a further two. Hundred billion dollars in Chinese. Imports at us even considering raise The rate to twenty five. Percent Meanwhile China's exports grew faster than expected in July and imports. Surged signaling the trade were has yet to take a toll China's trade surplus with the US remains near a record high John Tucker Bloomberg daybreak John thank. You, the British pound is weakened to the lowest level against the euro and almost nine months the move comes amid growing concern. That the UK could leave the EU with no deal in, place Plummer Sebastian sound like. Joins, us live from London with the details good morning Sebastian good morning Karen and Bob yes euro studying sat now at sports eight. Thousand nine hundred eighty six. Down a quarter percent today we're also, seeing a, slump in sterling dollar that's close to a one year low at one twenty nine. Zero six now this appears to be driven by anxiety over a lack of progress with talks rather than any particular political triggers the evidence building now that. Investors the stock price in. A messy Brexit it's also sparing activity in the options market spread between risk reversals expiring in thirty days and those expiring Nine months which captures the departure date from the EU is the. Whitest since January live in London I'm Sebastian solid Bloomberg daybreak.

Tesla United States Elon Musk China Bloomberg CEO Plummer Sebastian Broncos EU Russ Gerber John Tucker Bloomberg BOB London China Bloomberg Dana Hall San Francisco President And Ceo Dennis Morgan
Toyota, Bloomberg and US discussed on Politics, Policy, Power and Law

Politics, Policy, Power and Law

01:36 min | 3 years ago

Toyota, Bloomberg and US discussed on Politics, Policy, Power and Law

"The White House announced that President Trump had received a new letter. From North Korean leader Kim Jon, on global news, twenty four hours a day on air and it tick tock on Twitter powered by more than twenty. Seven hundred journalists thank fancy now with our other top stories I'm Schneider crap Hines reported quarterly sales and profits that topped estimates there's also a new report that Kraft Heinz. Has begun preliminary talks with Campbell Soup about a deal the company was formed, in two thousand fifteen merger orchestrated by Warren Buffett. And three g capital Toyota is preparing, for challenges in a US market that could be Hit. By a, trade war we get. Details from Bloomberg's John Tucker the, Japanese automaker is sharpening its focus on keeping costs in line and. Fuelling demand in China Toyota reported quarterly profit jumped. More than seven, percent beating estimates the automaker says sales rose forty percent to a record. Sixty six billion dollars with uncertainties over possible US tariff increases clouding the horizon the. Company kept its profit forecast for the full year unchanged and trimmed its global sales forecast further Toyota, has been lobbying against the, terrified sounding staffers the stage protests on, Capitol Hill it's as higher tariffs would raise vehicle prices by. At least several. Thousand dollars. Apiece and could threaten the jobs, of its one, hundred, thirty seven thousand, workers in the US John. Tucker Bloomberg radio WalMart is taking steps to try to catch up to Amazon we get details from. Bloomberg's Patrice the Corre the retail giant has testing automated carts that retrieve, bins of groceries from. Storage as it tries to speed up the process of packaging online In, order, to send out, or bring to customers at their cars.

Toyota Bloomberg United States Tucker Bloomberg Warren Buffett John Tucker Twitter White House Kim Jon Campbell Soup Donald Trump Kraft Heinz President Trump Amazon Walmart China Schneider
Trump administration eyes capital gains tax cut for wealthy

24 Hour News

04:17 min | 3 years ago

Trump administration eyes capital gains tax cut for wealthy

"Be in Tokyo Kathleen Hays Bloomberg daybreak global bonds are rallying after that announcement from the b. o. j. treasuries are. Gaining while French bonds a lead the charge in Europe the yen meanwhile touching its weakest. Level in a week currently trading, at one eleven point four. Nine on the economic front Japan's factory output. Declined in June for the second straight month that adds to. Concerns about the, strength of, the economy on the heels of the b. o. j. decision meanwhile in, China the official factory gauge for July shows domestic. And external pressures weighing on the economy Bloomberg's Tom, MacKenzie reports from Beijing manufacturing PM I missed estimates falling. From fifty. One point five to. Fifty one point two new order slumped while input and output prices dropped the sex is, being squeezed by a double whammy of. De leveraging and a trade war that sapping demand in Beijing Thomas Kenzi Bloomberg daybreak Tom thanks. The euro area's economic expansion entered a, sixth year in the second quarter although growth unexpectedly slowed to just three tenths Of a percent that is the weakest level in two years at the same. Time, inflation in, the euro area accelerated to two point one percent in July largely driven by stronger. Energy, prices on the earnings Ron, shares of. Credit sweetser higher by one and a half percent in Zurich the Swiss, Bank added more than, nine billion dollars and net new. Assets in the three months through June with gains in private banking offsetting weakness in trading Credit Suisse CEO John spoke. At Bloomberg following the, results, core. Performance is driven by the wealth management which is a much more stable. And much more predictable agreeing very nicely sober Validity of the wool market Credit. Suisse is the third in the third year of its turnaround. Plan CEO John, said the banks should be able to return cash to shareholders. Once that effort is complete shares of Standard Chartered meanwhile are down about three percent in London the Bank reported pre-tax, profit the top estimates but income from trading fell. In the period the rush to get out of technology stocks spilled into Asia today shares of tencent holdings Nintendo fell following the, US slump and FANG stocks here in the US. Netflix shares dropped five, percent yesterday while Facebook fell three percent the FANG. Index has tumbled the nine percent over the past three days and that tech. Slide is an alarming sign for Morgan Stanley the firm says it's just the beginning of bigger losses to come for equities despite a. Large majority of s. and p. five hundred companies beating estimates this earning season. Equity strategist at Morgan Stanley see the biggest, correction since February on its way I made all of this apple reports earn After the close of US, trading today Greg Jarrett has a preview from the Bloomberg nine sixty newsroom in San Francisco the Cupertino California-based. Tech giant is, expected to announce fiscal third quarter revenue of fifty two. Point three billion dollars according to analysts estimates compiled, by Bloomberg that's in line with the company's. Reaching forecast and translates to your over your, revenue growth of about fifteen percent that would. Be the strongest grapples June quarters since two thousand fifteen analysts say, higher iphone average selling. Prices increased services revenue and unit sales growth for the apple watch should. Drive the expansion in San Francisco I'm Greg Jarrett Bloomberg daybreak. Thanks Greg let's turn to the White House now where the Trump administration. May be considering another tax cut in this time congress wouldn't. Be involved Bloomberg's, John Tucker joins us live with the details good morning John. Mason the New York Times says the administration is considering bypassing congress to deliver one hundred billion dollar capital gains tax, cut capital gains were left untouched to the one. And a half trillion dollar tax law that President Trump's side last. Year the paper says the, treasury department is, studying whether it could use, its regulatory powers to allow Merican to account for inflation in determining capital gains tax liabilities. By at least one estimate. Index, in. Capital gains to inflation would reduce government revenues by one hundred two billion dollars over ten years John Tucker Bloomberg. Daybreak all right John. Thank, you s and p futures are up about. Four points. This morning. Dow futures up ten NASDAQ, futures up eight and a ten year treasury up six thirty seconds yield two point nine four percent straight ahead we have the latest world and national news and this is Bloomberg.

Bloomberg John Tucker Bloomberg Kathleen Hays Bloomberg United States John Greg Jarrett Bloomberg Thomas Kenzi Bloomberg Bank Apple CEO San Francisco B. O. Credit Suisse Europe Morgan Stanley Tokyo Congress Japan
China Stocks fall as the yuan continues to weaken

Bloomberg Daybreak

05:09 min | 3 years ago

China Stocks fall as the yuan continues to weaken

"Nathan and it is a big week for central banks with policymakers in the United States Japan the United Kingdom Brazil and India all set to me Bloomberg's John Tucker is. Here live with details morning John See an interest rates, is expected when Federal Reserve officials. Gather on Tuesday and Wednesday that's according to pricing in federal funds futures. And all but, one of the fifty seven accommodates pulled by Bloomberg get rational testimony earlier. This month. Fed chairman Jerome Powell didn't signal that the economy is overheating or warranted in imminent hike. For an economy that expanded four point one percent of the second quarter. The feds real policy rate is still. Around zero or even slightly negative and despite speculation. The Bank. Of Japan, could. Soon flesh. Out, a plan for adjusting stimulus all forty four economists surveyed predict the b. o. j. will maintain its current setting on interest rates the Bank of England expected to hike even amid Brexit gloom and Brazil's central Bank is, seen a standard Pat India central Bank will probably raise its benchmark rate John Tucker Bloomberg, daybreak John thank, you meanwhile the. Bank of Japan today. Conducted, its third bond purchasing program in a week, by One point six trillion yen worth of. Ten year bonds the central Bank bought the debt stem rising yields after they touched, a nearly eighteen month high of eleven, basis points stocks. In Asia started the week on a negative note has, investors show caution. Ahead of those central Bank, meetings Bloomberg's Juliette Sally reports from our Singapore bureau technology companies in pharmaceutical firms with the biggest drag on the topics, which closed down four tenths of. One percent Chinese companies related to infrastructure construction continued to rally after the. Government unveiled new, measures to aid growth however the CSI three hundred finish down eight tenths. Of one, percent while the on show Yuan added to last week's slump elsewhere Indian Stokes defied the. Downbeat trend the sensex holding onto record highs ahead of an expected rate. Hike from the country's central Bank this. Week, in Singapore Juliet Sally Bloomberg daybreak Juliette thank. You China's. Benchmark Shanghai, composite, as Lund. Eighteen, percent since January high still emerging market investor Mark mobias says he expects Chinese stocks To fall even further in the case of China you've got a, number of problems first of all debt that. Is a big problem for companies in China number two you've got the tech situation with these stocks there's going to be a real, problem because it's such a big part, of the index and the third thing I think is. The trade, war of course that's going to be affecting number of companies and the psychological effect would be even greater Moebius capital partners co founder Mark Mobius, also tells us is keeping an eye on the you want Beijing will likely be tempted to use. The, currency as a weapon in its trade war with the US also on the trade front major car producing nations are set to meet for talks to coordinate, their response to us tariffs sources tell Bloomberg representatives from the European Union Canada Mexico South Korea and Japan convene tomorrow in, Switzerland now discuss. How. To respond. If the Trump administration does impose levies on car imports is another busy week for. Earnings with more than one hundred forty Companies. In the SNP five hundred scheduled to report to. Bloomberg's Charlie, Pellett reports so far upwards of ninety percent. Of companies reporting results of come in above analysts estimates Michael Gino is president of Pacific. Heights asset management earnings revenues are up and that was. Expected I, think so it's not really a surprise I. Think that you get into company specifics and industry specifics with, obviously had some high profile beats of high profile non beats if you will Twitter. Facebook and Intel certainly falling into that category this week we'll be hearing from financial giants including Berkshire Hathaway I n. g. b. m., p. Potter bond MetLife car companies tesla Toyota and BMW and tech giant's apple Samsung and Sony Charlie. Pellett Bloomberg daybreak mad Charlie on today's, docket, we, get results, from fourteen companies in the s.. And p. five hundred including Caterpillar Bloomberg's Jill Schneider has a preview shares of. Caterpillar have been battered by the lingering uncertainty around trade negotiations the company Is expected to top analysts estimates for the ninth street quarter today but the stock may not get a reprieve to last quarter saw good numbers failed to boost caterpillars valuation chill Snyder Bloomberg daybreak. Thank, you a Bloomberg news has learned the. Board of CBS meets today to discuss the future of, CEO les. Moonves says we get the details. From Bloomberg's Ed Baxter Moonves was accused of sexual harassment by six women in a New Yorker article published last week, giving article. Moonves acknowledged there, may, have, been times. Decades ago when he may have made, some women uncomfortable by making advances, but he says. He never used his position to harm anyone's career, sources say, this, is, a regularly, scheduled board meeting CBS, independent, directors have already said they plan to investigate. The claims and, we'll hire an outside law firm to do so in San Francisco I'm Ed Baxter. Bloomberg, daybreak all right Ed thank you straight ahead, we have the latest world and national news and this. Is.

Bloomberg Pellett Bloomberg John Tucker Bloomberg Juliet Sally Bloomberg Bank Of Japan Caterpillar Bloomberg Japan Snyder Bloomberg Federal Reserve Bank Of England China Ed Baxter Moonves Singapore United States Pat India Central Bank Bank Brazil John Tucker
American Airlines cuts 2018 profit outlook on higher fuel costs

Politics, Policy, Power and Law

02:14 min | 3 years ago

American Airlines cuts 2018 profit outlook on higher fuel costs

"Baskin Robbins as well as the Donut chain posted quarterly profits that topped Wall. Street forecast does Dunkin donuts comparable store sales rose one point four percent even as Baskin Robbins saw decline of four tenths during the quarter it. Added sixty four new. Dunkin donuts locations in the US higher fuel costs weighed on American. Airlines in the second quarter but the carrier still. Beat Wall Street. Forecasts Bloomberg's John Tucker has the story American Airlines says second quarter profit plunged thirty four and a half, percent, at reducing, the forecast for year earnings the world's biggest airline expects to spend about two billion dollars more on fuel than it did last year CEO Doug Parker call the second. Quarter perhaps Americans Most, challenging since it's. December twenty thirteen merger with US Airways besides higher fuel Americans. Revenue is not growing as fast as its major competitors still earnings came, in four cents a share higher than the average analysts estimate, John, Tucker Bloomberg radio it has. Been a struggle lately but under armor maybe turning things. Around especially in North America in the latest quarter the Baltimore-based athletic, apparel maker, reported revenue. That beat, estimates as, North American sales grew for the first time in a year North. America accounts for about three quarters of Under Armour's overall sales but the company also saw twenty eight percent growth in its, international business Royal Dutch Shell will start at. Twenty, five billion dollars share buyback. Plan the announcement, came after the, Dutch energy company posted second quarter earnings that were a full billion dollars less. Than analysts estimates shell also reported that operating expenses rose and the trading results were lower we talked to shell CEO I think four point seven. Billion dollars I consider that a very solid results if. You decompose with a little bit look at integrated gas up with effect to compared to the same quarter last year are upstream business up. With affect a four capacity the same quarter last year Dunphy business more than thirty percent. Down that, is very much linked to a, very difficult refining, environment very difficult trading, environment ashville coming up a look at Mike, Pompeo's appearance before congress, I'm Pat Carroll this is Bloomberg listen as.

Dunkin Donuts Baskin Robbins Bloomberg John Tucker Tucker Bloomberg Royal Dutch Shell Ceo Doug Parker Us Airways American Airlines North America United States CEO Dunphy Pat Carroll America Pompeo Mike Five Billion Dollars
America may not have the tools to counter the next financial crisis, warn Bernanke, Geithner and Paulson

Bloomberg Daybreak

01:56 min | 3 years ago

America may not have the tools to counter the next financial crisis, warn Bernanke, Geithner and Paulson

"Financial, Services committee we'll bring you the question and. Answer portion of his testimony live the ten AM Wall Street time Well the, fed appears. Confident it. Has the. Weapons needed to fight the next. Financial crisis some former policymakers are not so sure Bloomberg's John Tucker is here live to explain good morning John joint briefing with reporters former fed chair Ben. Bernanke the former Treasury Secretary and New York fed president Tim Geithner and former Treasury Secretary Hank Paulson. Voice concerned about America's ability to combat another financial meltdown Gardner said the fed has less scope to act as, interest rates are lower and argued, that the emergency, powers the proof so essential a decade. Ago are somewhat weaker today Bernanke is worried about longer term consequences of rapidly rising government dead Paulsen also agreed adding it, will slowly strangle us John Tucker Bloomberg daybreak thank you, John on. The trade. Front sources. Tell Bloomberg. That European Commission president young Claude Yonker will. Meet with President Trump in Washington next week where they'll explore the possibility of negotiations to reduce tariffs On cars Yonker will likely. Signal, willingness to consider a deal to reduce auto levies between the US and EU countries. Turning to corporate news now the CEO. Of, Texas Instruments Brian Crutcher has resigned after less than, two months on the job, Charlie Pellett has, the story TI cited violations of the maker's code of conduct. His predecessor rich Templeton will assume, the role on a permanent basis in a statement. The company did not elaborate but it did say quote the violations are related to personal behavior that is not consistent with our ethics and. Core values but not related to company strategy operations. Or financial reporting Charlie Pellett Bloomberg daybreak thank you Charlie Berkshire Hathaway's move removing a cap on stock buybacks that will, give chairman. Warren Buffett. Greater leeway. To dole out profits to shareholders..

Bloomberg FED Charlie Pellett John Tucker Bloomberg Bernanke Claude Yonker President Trump John Treasury Secretary Hank Paulso Charlie Berkshire Hathaway John Tucker United States Warren Buffett Rich Templeton Brian Crutcher Tim Geithner CEO
The Good Times Are Over for China’s Property Stocks

Bloomberg Daybreak

04:34 min | 3 years ago

The Good Times Are Over for China’s Property Stocks

"The stock declines continue in china with the shanghai composite index closing at its lowest level since march of two thousand sixteen we get the recap from bloomberg's sophie kamarudin in hong kong bobbin karen the selloff continued in chinese markets this thursday testing policymakers endurance shanghai shares fell deeper into a bear market as the benchmark dropped below twenty eight hundred points for the first time in two years chinese banks and real estate players continue to be hard hit especially with authorities ramping up the crackdown on property speculation on the mainland plus chinese airline stocks extended declines as the euan weakened further despite the pbs's strongerthanexpected daily fixing in hong kong so become route in bloomberg break sophie thank you the declines in china come as the white house reestablishes a hard line on trade i'm bloomberg's john tucker joins us live with the very latest good morning john good morning karen white house economic adviser larry cudlow said president donald trump's decision not to adopt a more stringent approach on trade did not represent a softer stance on china it won't be alive for the question is how ownership let's threat of technology transfer back property these are things that he knew syfy burma will have to decide stocks sank after cutler's comments the administration did say yesterday it would work with congress to strengthen reviews of foreign investment of the existing committee on foreign investment in the us or serious rather than the more draconian approach of declaring emergency economic measures john tucker bloomberg daybreak john thank you banks will be in focus once again as we get another reading on the health of of the financial industry michael moore covers the banks for bloomberg news so later today we get the results of the second round of the fed stress tests and this is when the fed either signs off on a bank's capital plan for the next year or rejects it in the bank has to lower its asked for how much it can return to shareholders in buybacks and dividends and this is the piece of the tests that investors are really focused on because it determines how much cash they'll be getting over the next year bloomberg's michael moore the results will be released after the close of trading the s and p five hundred financials index meantime has dropped for a record thirteen straight days later this morning we get the third and final estimate of first quarter gdp economists are forecasting at two point two percent economic growth rate the same as the prior report bloomberg's vinny del giudice says more the first quarter was asleep with consumer spending registering the smallest gain and almost five years business inventories exports were revised lower looking ahead economists are bolsheviks recovery we could see second quarter gdp growth of three percent or better also on today's economic agenda jobless claims which remain near a half century low vinny del giudice bloomberg daybreak thank you vinny european union leaders are gathering in brussels to tackle the growing number of political and economic challenges bloomberg sebastian celik is live in london with the very latest good morning good morning bob and karen this was supposed to be the big crunchy you summit for settling many brexit issues but the progress has just been too slow so now as migration that's at the top of the agenda chancellor angela merkel of germany facing an ultimatum from her own interior minister she's in brussels to reach a deal with her kkob partners in europe to tighten germany's borders and stay in power really they'll be talking about trade tensions trump's threat to impose us tariffs on cars and auto parts later this year looming over the discussions and of course the euro is in focus leaders will approve steps to shore up the currency by beefing up the region's bailout front talk set to start in about four hours time in london i'm sebastian solid bloomberg daybreak summation thank you greek prime minister alexis separate says he will stick with the financial commitments agreed with european leaders there smug at an exclusive interview with a bloomberg separate says there'll be no return to the spending habits that triggered one of the biggest financial meltdowns in the continent's history what happened in greece in previous years and that us to bankruptcy was a huge waste of money corruption and i would say irresponsibility in the management of public finance we should not go back to that as far as i'm concerned i will do whatever i can in order for greece to not go back to that tragic period now is the greek prime minister alexis separate speaking exclusively with bloomberg editor in chief john nicolas wait in london the modern technology world's biggest patent battle has finally come.

China Shanghai Three Percent Two Percent Five Years Four Hours Two Years
"john tucker bloomberg" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:14 min | 3 years ago

"john tucker bloomberg" Discussed on Bloomberg Radio New York

"I'm john tucker bloomberg markets continues with pimm fox at lisa abramowicz you're listening to bloomberg markets with pimm fox and lisa abramowicz on bloomberg radio it's time to talk about corporate love story the love between sprint and t mobile that may guests get be despite many on off and on again talks here to talk about the latest round of perhaps marital talk marital bliss scott he is a telecom reporter for bloomberg news joining us here on our eleven three oh studios scott so it sounds like they are talking yet again about a tie up and sprint shares up nearly six percent the market seems to think this time it might happen why does seem real this time doesn't it i mean we we've been through this before november they walked away at the last minute masayoshi sun is the chairman of softbank in spread and he is sort of the central figure in all this one of the biggest of the three challenges for this deal son does not like to compromise on anything and he apparently very interested in getting t mobile always always has been as part of his plan to combine sprint and t mobile to have a strong third competitor in the us it's just the conditions on which this deal the terms come together that it's been a problem for him what is some of those turns holiday sprints in t mobile's performance on their books the profits and losses so that that that could make them happy and that could give sprint some room strategy patrol is this because the job that john leger has done a t mobile has been so exemplary that these turn t mobile into a winning hand that deutsche telekom does not want to necessarily give up without a fight.

pimm fox lisa abramowicz chairman softbank t mobile john leger deutsche telekom john tucker bloomberg scott sprint six percent
"john tucker bloomberg" Discussed on KBNP AM 1410

KBNP AM 1410

01:56 min | 3 years ago

"john tucker bloomberg" Discussed on KBNP AM 1410

"Here on bloomberg radio i'm john tucker bloomberg markets continues with pimm fox at lisa abramowicz john tucker we are looking at a market that's trying to end the week on a green note here to talk more about this really kind of tumultuous week frankly as sarah ponsak across asked reporter for blue lemberg news as well as garrett to vink who covers technology here at bloomberg news and of course garrett is joining us since really the big tech shares were huge drivers in this week's volatility sarah i wanna start with you and get sort of the overview because we did get gdp data out today from the us showing a softer growth but really what people are focusing on is that wages are increasing and the economy is looking pretty good exactly i need we did data came in pretty cool but not as cool as expected so that was maybe a little bit of a positive but at the same time like you said the focus is really on that wage data on that employment cost index which really we saw spiking so people there are looking is that inflation actually coming next week going that employment eight only get the jobs data it's going to be more focused on wages garret let's talk about some technology stocks specifically amazon dot com intel microsoft all moving higher all good reports exactly and i mean there's been this overhang the storm clouds around minutes essentially every industry was assailed by some form whether it's intel and sort of you know the the concerns over you know mergers and the brewing trade war with china which obviously affects the supply chains of these companies when it comes to facebook was privacy data regulation when it comes to amazon it's trump tweets but more so the the tone the commentary on the calls when you actually heard from these executives this week was that it's business as usual obviously the numbers were pretty good too so sarah how much are these tech shares really driving the action more broadly across the market.

pimm fox john tucker reporter garrett us microsoft intel china facebook bloomberg sarah ponsak vink amazon
"john tucker bloomberg" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:57 min | 3 years ago

"john tucker bloomberg" Discussed on Bloomberg Radio New York

"In trade nor an embarrassment on the world stage this speech set for tuesday morning at china may shed some light on his plans china is in the meantime evaluating potential impact of a gradual depreciation of the you wan bloomberg's john tucker joins us live to explain good morning john good morning bob people familiar with the matter tells bloomberg china is studying the effect of using the currency as a tool in trade negotiations with the us china could depreciate if you want to offset the impact of any trade deal that curbs exports but it's just an analysis at this point at doesn't mean officials will carry out a devaluation president trump routinely basta china on the campaign trail for keeping its currency artificially week while a weaker yuan could help president xi jinping shore up china's export industries in the event of widespread tariffs in the us evaluation comes with plenty of risks it would make it easier for trump to follow through on his threat to brand china a currency manipulator john tucker bloomberg daybreak thank you the federal reserve is keeping an eye on the trade spat between the us and china that's according to many apple is fed president neil cash hurry you smoke with neil cavuto on fox news channel i think the impact on main street is going to be seen over the long term i do think it's very important i think the federal reserve are paying attention but it's too soon for any of us to judge and none of us knows how to weigh the probability of these different outcomes cash cari says it's also difficult to estimate the effect tariffs could have on consumer prices bond traders who we watching the latest us budget deficit projection from the congressional budget office today we get details from bloomberg's christine harvey investors are going to be eyeing this report from the congressional budget office because it will signal how much more issuance is in the pipeline from the us treasury we've already seen a deluge of treasury sold on the market this year and investors have so far successfully seem to have absorbed the but the.

china bloomberg john tucker us apple bob bloomberg china president fed neil cash fox christine harvey treasury
"john tucker bloomberg" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:11 min | 3 years ago

"john tucker bloomberg" Discussed on Bloomberg Radio New York

"Help choose a new economic adviser john tucker bloomberg daybreak can't thank you very counts exit is raising fears of a trade war president trump is holding firm took plans for a steep tariffs on aluminum and steel imports we're doing tariffs on steel we cannot lose our steel industry it's a fraction of what it once was and we can't lose our aluminum industry also a fraction of what it once was for more than a year the nerves of investors have been sued by cones presence in the white house johan jude says chief investment officer at the bank of singapore nobody could win a trade war there's loses a bigger losers with code out you would emerge and there's less of a chance of a reasoned response out of the white house the signals potential move or a staunch that might be viewed as quite hard line a concern is that cohen's departure will unleash protectionist policies like could jar global markets salloum patrick off as managing director and cofounder of great craft partners gary cohn is that a grown up in the white house now he's gone so higher where they find a replacement i'm sure they'll filing unaware wall street executives like jp morgan ceo jamie diamond have touting cones role in the trump administration amid concerns over the president's populist campaign following cohen's departure goldman sachs chief and loyd blamed find said he's disappointed to see his former deputy leave the white house kohl's regarded as one of the few political moderates close to the president umer editor jodie schneider's says he leaves big shoes to fill gary khan was viewed as a business friendly advocate that that is his role in the administration and he pushed very hard against these tariffs so there's going to be some uncertainty and this is going to be a tough position for him to felt gary cohn was respected who this respected in financial markets respected by the business community the voice who's in the administration who backed the president's impulse whose to buck convention and pick trade flights on a global stage bloomberg's marty shankar says the next chief economic advisor could also fit that mold it will be very interesting to see who replaces gary cohn in this administration are they going to be the freetrade way or are they going to be.

editor loyd goldman sachs ceo jp morgan managing director john tucker economic adviser advisor marty shankar bloomberg trump gary cohn gary khan jodie schneider kohl president jamie diamond white house
"john tucker bloomberg" Discussed on KBNP AM 1410

KBNP AM 1410

02:23 min | 3 years ago

"john tucker bloomberg" Discussed on KBNP AM 1410

"I'm john tucker bloomberg markets continues you're listening to bloomberg markets with pimm fox and lisa abramowicz on bloomberg radio does government spending it discourage work here to help us understand this topic is edward liz year he is an economist and he is also a senior fellow at the hoover institution at stanford university formerly chairman of the council of economic advisers from two thousand six to two thousand nine and as chairman chief economic adviser to president george w bush ebolazaire thank you very much for being with us maybe just speak a little bit about this notion that government spending discourages work and i offer that it's really in the context of a recent up piece that jewell was pinned and published in the wall street journal well the basic idea is this bending by itself doesn't discourage work but the problem is that the more we spend the more we have to tack that's going to be true whether we tax now or whether we borrow intact later and taxes reduced capital formation and work so the problem is that if we spend a lot we're going attacks a lot and if we packed ally we're going to put uh disincentive effect on both capital formation and work the easy way to see this is that if you look at the data across the g7 countries uh i i looked at it across all our we cd countries which is a larger group than the g g7 but the g7 or the big one then if you look at the big one where he sees those countries that have high tax rates also tend to have much lower work hours than that takes two forms one is individuals word bless per week given that they're working but the main effect uh is that individuals are less likely to participate in the labour market so if you look at the united state verses safe france the french work about thirty percent less than we do for person in the working age population lives here i think it's interesting the way the phrase it which is that spending doesn't necessarily doesn't encourage people to work more but isn't this really about the budget deficit isn't this really avowed as sort of the need to plug some kind of gap in the financial situation of a nation yet though the way i think that the.

wall street journal president george w bush edward liz lisa abramowicz bloomberg john tucker france bloomberg markets jewell economic adviser chairman stanford university hoover institution senior fellow pimm fox thirty percent