Business
What is the Economy Doing? | Bloomberg Surveillance 12/06/2023
However you see this US economy, heading up or down, one thing seems clear: it’s rolling.
Charles Schwab’s Liz Ann Sonders sees a “rolling recession.” Binky Chadha of Deutsche Bank sees a “rolling recovery.” Our heads on Surveillance are spinning with all the rolling, which actually helps explain all the whipsawing narratives and confusing economic data of 2023.
#jobs #business #markets #election #politics
Tom Keene, Jonathan Ferro and Lisa Abramowicz have the economy and the markets “under surveillance” as they cover the latest in finance, economics and investment, and talk with the leading voices shaping the conversation around world markets. This show is simulcast worldwide on Bloomberg Television and Radio.
About “Bloomberg Surveillance”
Tom Keene, Jonathan Ferro & Lisa Abramowicz are live from New York each business day, bringing insight on global markets and the top business stories of the day.
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After SpaceX’s record-setting IPO, some investors like Danish pension fund AkademikerPension have already rejected the stock over what they call “catastrophic governance,” turning SpaceX into a test case for how much control public markets are willing to give founders https://bloom.bg/3EMZYZX
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Hungary’s parliamentary vote to amend the constitution crowns a frenetic period of legislative activity since Prime Minister Peter Magyar pledged to reincarnate democracy in the country. The result removed the president, set a limit of three parliamentary terms for legislators and sent allies of former PM Viktor Orban in top courts into retirement. Bloomberg’s Zoltan Simon reports.
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Nasdaq President Nelson Griggs says the record-breaking SK Hynix ADR listing is already attracting looks from more foreign companies that may consider US listings. He says JPMorgan Chase struck the right balance on the SK Hynix pricing. Griggs speaks to Bloomberg’s Ed Ludlow in New York at the Nasdaq.
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Business
Trump making “major mistake” with Nvidia chips to China, says Burns #shorts #china #nvidia #ai
Former US Ambassador to China Nicholas Burns tells David Gura President Trump is “making a major mistake” by allowing Nvidia to sell its products to one of the US’s biggest rivals, China https://bloom.bg/3SQPXSd
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Rep. Michael McCaul says Ukraine is gaining momentum on the battlefield but urgently needs more Patriot interceptors and stronger air defenses to counter Russia’s escalating missile attacks. He urges deeper US-Ukraine defense cooperation, including licensed Patriot production and joint drone development, while arguing sustained military pressure offers the best path to negotiations with Russia.
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@jackbailey7037
December 11, 2023 at 8:54 pm
Hey Libby, why did Pimco pull the plug on their California Muni bond fund, putting the investors underwater?
@abhijitpal7750
December 11, 2023 at 8:54 pm
12/07/2023.
U.S. BONDS MARKET HISTORY.
2,10,30 years bonds.
10/23/2023 to 10/26/2023.
Artificial intelligence world.
@3EBstudio
December 11, 2023 at 8:54 pm
🐻🩳🥂
@kc9611
December 11, 2023 at 8:54 pm
It's about good systems, and if they make us play politics then fine , we will do that too.
@wrenster34
December 11, 2023 at 8:54 pm
The reason why both parties haven’t reached out to moderates is because it’s the fanatics who make history whether you or I agree with that logic is irrelevant
@user-tl6rd9hr6n
December 11, 2023 at 8:54 pm
우리가 하는 말 한 마디, 우리가 쓰는 글 한 줄이 누군가에게는 행복과 위안을 주는 것이 될 수 있지만 누군가에게는 상처와 고통을 주는 것이 될 수 있다는 사실에 늘 경계를 늦추지 말아야 한다.
@TanSpaceX
December 11, 2023 at 8:54 pm
Hands down, Biden is better than 45.
@TanSpaceX
December 11, 2023 at 8:54 pm
Why 2 microphones? What are they (makers/models)? They sound amazing. Thanks.
@thesheepthemightythecrazy
December 11, 2023 at 8:54 pm
If you are for cancel culture, then you are a fascist. If you shout the other side down so they cannot speak, you are for fascism.
@giganticbrittle
December 11, 2023 at 8:54 pm
Soccer is an English term, they call it football because the ball is nearly an imperial foot long, they do look like they work at footlocker, and if they don't wear cardboard for shinguards perhaps they could invest in something more sophisticated than a shirt to work in?
@timothygreen6058
December 11, 2023 at 8:54 pm
When the investment doesn't till the truth 🛡️ about the market 😭🌎 the market will continue whenever it gets done ✅ pieces.🤔 Higher rates for longer 📃 rate higher for longer 📈💵📉 Understand the bank old the market for a portfolio account of a investment 😱 pay 🏦 investment money 🌍 📬😡📸🛡️💹🌎 unstable pay for the market is going to keep changing the price for earnings information.🚀 Growth rate higher for longer rates higher prices rate longer rates higher prices rate 💹🌍 investment money 💵
@bradapotamus
December 11, 2023 at 8:54 pm
Airline spending, (along with any remaining non-government inflationary pressure) are all of the Boomers blowing their Money Market funds after they retired during Covid. Take a look at the demographics under 55 and its a completely different ballgame with record debts, low savings, and loan delinquencies. Now come the December Q4 job cuts, and stock buybacks. Not a lot of real growth on the horizon for the services sector coming up in my opinion, which is a big deal considering over 60% of the US economy is service-based.
@didiermuhire9717
December 11, 2023 at 8:54 pm
Fed is listening to D? 🙂
@didiermuhire9717
December 11, 2023 at 8:54 pm
Let’s go bitches 🎉. D
@williamtucker9767
December 11, 2023 at 8:54 pm
25% rate hike in march
@yamomanemjazz
December 11, 2023 at 8:54 pm
Thanks for making that point about outreach. It's kinda ridiculous.
@captain77ga
December 11, 2023 at 8:54 pm
He's full of shit they aren't cutting rates in March this is media fud
@ghost_D
December 11, 2023 at 8:54 pm
No sound?