0
0.0
Mar 15, 2024
03/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
bloomberg's abigail doolittle thank you so much. the markets in an election year we will speak with ken rogoff that wall street week conversation coming up next. this is bloomberg. ♪ the future is not just going to happen. you have to make it. and if you want a successful business, all it takes is an idea, and now becomes the future where you grew a dream into a reality. the all new godaddy airo. put your business online in minutes with the power of ai. abigail: you are looking at the live shot of the principal room. coming, chris richards marathon acid management ceo. coming up at 12:00 eastern time. this is bloomberg. katie: time now for wall street week and david westin sat down with ken rogoff harvard economics professor and asked him what the u.s. election could mean for the economy. >> trump put in his tariffs and biden has doubled down on it. legal immigration is really hard under biden and became a charter under trump. i won't speak of the over -- open border policies. they both in that respect were trying to shut out the ou
bloomberg's abigail doolittle thank you so much. the markets in an election year we will speak with ken rogoff that wall street week conversation coming up next. this is bloomberg. ♪ the future is not just going to happen. you have to make it. and if you want a successful business, all it takes is an idea, and now becomes the future where you grew a dream into a reality. the all new godaddy airo. put your business online in minutes with the power of ai. abigail: you are looking at the live...
0
0.0
Mar 4, 2024
03/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
markets right now with abigail doolittle.l: looking at small declines in the s&p 500 and other major indexes. let's see what has happened over the last week. nice gain for the s&p 500, last monday through friday, up for a second week in a row, similar to many of the other indexes. bitcoin over the last week up 21%, above $60,000. quite a continued rally there, helping crypto stocks. the 10-year yield down, a little bit of a bid for bonds. bitcoin higher and crude oil is up 2.7%. most of this board is definitely risk on. let's put the crypto rally in perspective. another stock that has really captured the attention is nvidia. super micro should be on the board because it is up 820% over the last year. huge gains in nvidia, up 262%. bitcoin also up triple digits. digital gold very much better than regular gold, which is of ever so slightly over the last year. nvidia's big rally means it has a market cap of over $2 trillion, putting it above saudi aramco. parabolic uptrend for nvidia. let's see if that can hang on. sometimes the
markets right now with abigail doolittle.l: looking at small declines in the s&p 500 and other major indexes. let's see what has happened over the last week. nice gain for the s&p 500, last monday through friday, up for a second week in a row, similar to many of the other indexes. bitcoin over the last week up 21%, above $60,000. quite a continued rally there, helping crypto stocks. the 10-year yield down, a little bit of a bid for bonds. bitcoin higher and crude oil is up 2.7%. most of...
0
0.0
Mar 18, 2024
03/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
katie: thank you there to abigail doolittle.ore, we are joined by martin daum, the ceo of daimler truck. let's talk, of course, about the revenue forecast. you reported earnings earlier this month and shares have been surging to increase as much as 60% during the final five years of this decade. on the call you said that was thanks in call -- in part to a sales boost from zero emissions trucks and buses. what gives you the confidence that this will prop up margins? martin: first of all, it props up revenues. one thing i was always clear from, years ago, electric vehicles will always be more expensive than the expensive -- then the combustion engine. combustion engines emit co2, and if you want to get rid of it it gets more expensive. it's an easy equation. katie: looking at the u.s., ev demand for passenger vehicles is falling off a cliff. a lot of automakers have scaled-back production plans. we are talking about commercial vehicles, course, a different kettle of fish, but do the struggles give you any concerns about the plans?
katie: thank you there to abigail doolittle.ore, we are joined by martin daum, the ceo of daimler truck. let's talk, of course, about the revenue forecast. you reported earnings earlier this month and shares have been surging to increase as much as 60% during the final five years of this decade. on the call you said that was thanks in call -- in part to a sales boost from zero emissions trucks and buses. what gives you the confidence that this will prop up margins? martin: first of all, it...
19
19
Mar 25, 2024
03/24
by
BLOOMBERG
tv
eye 19
favorite 0
quote 0
for more on the stock reaction we are joined now by abigail doolittle.il: we're looking at the type of reaction that ceos probably don't love what they are leaving, although david calhoun will be leaving until the end of 2024. this of course has to do with all of the safety issues over the last few years, but recently over the last few months, smaller safety issues but ones of great concern possibly in the manufacturing and supply chain. as a result, we also have other shakeups including stephanie pope who is now going to be stepping ineffective today as the head of commercial airline. spirit getting a nice cruise from all this, plus state calhoun earlier this morning saying that they are in talks still for a potential deal to reacquire spirit aerosystems and in the separate interview, the cfo of airbus talking about interest in parts of spirit aerosystems. either way, that is positive news for shares of europe. into the bloomberg terminal, we can see the boeing and airbus and back in 2018 ahead of the urgent events, the tragedies around some of those 73
for more on the stock reaction we are joined now by abigail doolittle.il: we're looking at the type of reaction that ceos probably don't love what they are leaving, although david calhoun will be leaving until the end of 2024. this of course has to do with all of the safety issues over the last few years, but recently over the last few months, smaller safety issues but ones of great concern possibly in the manufacturing and supply chain. as a result, we also have other shakeups including...
0
0.0
Mar 27, 2024
03/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
for more we are joined by abigail doolittle.il: this shows us the pain we are seeing as rates are relatively high. going back out of the great financial crisis you can see in terms of these mortgage applications, the purchases at relatively low levels but look at the pandemic trying to go back towards pre-financial crisis levels and now we are back towards the lowest levels we have had. as you were mentioning, higher rates keeping some purchasers out of the markets. that said, delinquencies are also low so it's not necessarily a dire situation if we go back to the great financial crisis we can see delays coming out of it as mortgages were made on terms that were not really appropriate , tons of delinquencies in early 2020, a similar story but we are low so this is some measure of the market. finally relative to making a mortgage payment if we go into the bloomberg terminal what we will see here is the average three year mortgage payment of 20% down is in this range, the weekly earnings flatlining a little bit of a tough relation
for more we are joined by abigail doolittle.il: this shows us the pain we are seeing as rates are relatively high. going back out of the great financial crisis you can see in terms of these mortgage applications, the purchases at relatively low levels but look at the pandemic trying to go back towards pre-financial crisis levels and now we are back towards the lowest levels we have had. as you were mentioning, higher rates keeping some purchasers out of the markets. that said, delinquencies are...
0
0.0
Mar 19, 2024
03/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
abigail doolittle, thank you so much.ing up next on wall street we daily, scott bessent joins us to talk about what a trump economic team could look like if he wins the white house. this is bloomberg. ♪ ♪ ♪♪ hello, mia. are you ready to meet your demise? man, we really need to upgrade your trash talk. ♪♪ nice shot... shot... taker. who programmed you?! i'll see you tomorrow. the future isn't scary, not investing in it is. 100 innovative companies, one etf. before investing, carefully read and consider fund investment objectives, risks, charges expenses and more in prospectus at invesco.com. ♪ katie: today we are looking at how donald trump might build up his economic team if he wins the election. here is scott bessent, key square capital founder and ceo and wall street we co-david westin. we are in that part of the election cycle. david: scott, looking back. we talked about what donald trump retaking the presidency might mean. what about inflation? you have concerns inflation has not gone away yet. if he's president will
abigail doolittle, thank you so much.ing up next on wall street we daily, scott bessent joins us to talk about what a trump economic team could look like if he wins the white house. this is bloomberg. ♪ ♪ ♪♪ hello, mia. are you ready to meet your demise? man, we really need to upgrade your trash talk. ♪♪ nice shot... shot... taker. who programmed you?! i'll see you tomorrow. the future isn't scary, not investing in it is. 100 innovative companies, one etf. before investing,...
0
0.0
Mar 5, 2024
03/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
abigail doolittle, thank you so much.ing to hear from jon kramer, harvard lecturer, about the costs of inflation. the conversation coming up next. this is bloomberg. ♪ hey you, with the small business... ...whoa... you've got all kinds of bright ideas, that your customers need to know about. constant contact makes it easy. with everything from managing your social posts, and events, to email and sms marketing. constant contact delivers all the tools you need to help your business grow. get started today at constantcontact.com constant contact. helping the small stand tall. get your business online in minutes with the power of ai... ...with a perfect name, a great logo, and a beautiful website. just start with a domain, a few clicks, and you're in business. make now the future at godaddy.com/airo abigail: this is bloomberg markets. coming up, scott sanborn, joined bloomberg tv at 12:30 p.m. new york time. this is bloomberg. katie: it is time now for wall street week. today we are looking at habit the high cost of borrowing
abigail doolittle, thank you so much.ing to hear from jon kramer, harvard lecturer, about the costs of inflation. the conversation coming up next. this is bloomberg. ♪ hey you, with the small business... ...whoa... you've got all kinds of bright ideas, that your customers need to know about. constant contact makes it easy. with everything from managing your social posts, and events, to email and sms marketing. constant contact delivers all the tools you need to help your business grow. get...
0
0.0
Mar 15, 2024
03/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
abigail doolittle has the details.rlier today, the estimate in terms of the expiration amount was closer to 3.5 trillion dollars would tell you the amount of contracts that are moving around and relative to what's happening. triple witching is the old quadruple witching on the quarterly triple witching which happens on the third wednesday of march and then june along with september and december and the expiration of stock options, stock index futures and stock index option contracts. what it typically brings a some volatility. today's volatility is a little more than typical and big volume. we can see these points where the orange circles are, more than double the volume of other days because there are so many contracts changing hands. the one i remember the most is back in march of 2020. in that we, the index declined about 15%. down monday, napped down another two or 3% so that was the bottom. often these days act as a reset given the fact that we are basically near that top, the question could be -- is there is a re
abigail doolittle has the details.rlier today, the estimate in terms of the expiration amount was closer to 3.5 trillion dollars would tell you the amount of contracts that are moving around and relative to what's happening. triple witching is the old quadruple witching on the quarterly triple witching which happens on the third wednesday of march and then june along with september and december and the expiration of stock options, stock index futures and stock index option contracts. what it...
0
0.0
Mar 13, 2024
03/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
also abigail doolittle.n you look at the risk on appetite that has been pervasive across wall street, do you worry that things are getting a bit toppy and some trays look crowded and if anything were to back off that it could have a bigger impact? >> great to see you. it's been all about nvidia that's been the driver of the market with a lot of correlation to bitcoin. they been going hand-in-hand on this meteor rise. what we have seen is a little bit of euphoria hit last friday with questions on why the strong reversal and there was nothing fundamental. we are getting technicals in this market and liquidity has been driving it, investors are taking money out of cash and have been putting it into the market finally. what we saw was the relative strength index is very notable. the rsi did an incredible 83 weekly on nvidia friday. this is massively above the 200 day which are levels that are unheard of with not even cisco in the first quarter of 2000 when it hit its highs. we are seeing a little bit of it to cr
also abigail doolittle.n you look at the risk on appetite that has been pervasive across wall street, do you worry that things are getting a bit toppy and some trays look crowded and if anything were to back off that it could have a bigger impact? >> great to see you. it's been all about nvidia that's been the driver of the market with a lot of correlation to bitcoin. they been going hand-in-hand on this meteor rise. what we have seen is a little bit of euphoria hit last friday with...
0
0.0
Mar 20, 2024
03/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
we will do that with abigail doolittle.il: we don't have much going on for markets but it is something to report on because take a look at the very small moves mainly to the downside but a little bit to the upside. futures up -- down just fractionally treading water out of the fed to see it's widely expected they won't be doing anything officially with policy but will something color wise, out of that timing given the fact fed swaps are pricing in a chance of a june cut then with the election later this year it becomes difficult given december and november. the timetable is pretty tight here. check out chipotle mexican grill up a very healthy 6%. boeing, earlier they had been down and this of course on the report to the cfo said in terms of cash flows going out could be for $.5 billion on that door plug incident in terms of a slowdown in factories and greater regulatory scrutiny. nvidia down half a percent. it was down yesterday in the morning and then turned around. given the fact we have this massive parabolic uptrend the
we will do that with abigail doolittle.il: we don't have much going on for markets but it is something to report on because take a look at the very small moves mainly to the downside but a little bit to the upside. futures up -- down just fractionally treading water out of the fed to see it's widely expected they won't be doing anything officially with policy but will something color wise, out of that timing given the fact fed swaps are pricing in a chance of a june cut then with the election...
0
0.0
Mar 4, 2024
03/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
abigail doolittle has more on the apple moves. >> this decline we have had for apple since the beginning of december since last the all-time high and since that time period as you were mentioning, down more than 10%, down 2%. look at the s&p 500 in white up about 9%. that is a 21% divide in performance between the s&p 500 and apple. the second largest member in just three months, something has got to give. this is unlikely to continue. apple will go higher or maybe apple can also become a smaller member. as for what is behind the apple news, a few factors and concerns around iphone growth that is a big one, trying to slow down fears in terms of that being about 19 or 20% of revenue if that is less than a status symbol or the economy is not great. i think the biggest factor here and people are not talking about it is warren buffett's berkshire hathaway started selling in the third quarter of last year. it is static pressure of a seller suggesting they may still be selling. if that happens, i suggest we could see some more downside for apple. it is put this into context of the waiting of t
abigail doolittle has more on the apple moves. >> this decline we have had for apple since the beginning of december since last the all-time high and since that time period as you were mentioning, down more than 10%, down 2%. look at the s&p 500 in white up about 9%. that is a 21% divide in performance between the s&p 500 and apple. the second largest member in just three months, something has got to give. this is unlikely to continue. apple will go higher or maybe apple can also...
0
0.0
Mar 14, 2024
03/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
sonali: we will check now on the markets with abigail doolittle.il: we are looking at markets for the nasdaq 100 that are down on the day, 1.4% over the last five days. down earlier now trying to make a little bit of a rebound on the day. let's take a look at the s&p 500 because you will see whether it's higher or slightly lower. still down slightly lower and one reason for the pressure is hotter than expected, warmer than expected ppi coming in higher than expected that inflation is more sticky that some would like. the 10 year yield is up nine basis points after backing up 30 or 40 in the last month. you are looking at a 10 year yield closer to 430 pressuring stocks but also pressuring technology stocks. nvidia is down another day in a row. the mega rally out of the october 23 lows up more than 600%. up more than 80% over the 2022 lows. the technical suggest there could be more weakness ahead for nvidia and will that move into the market overall? you can see a beautiful uptrend but you can see incredible extension. 95% above the 200 day moving av
sonali: we will check now on the markets with abigail doolittle.il: we are looking at markets for the nasdaq 100 that are down on the day, 1.4% over the last five days. down earlier now trying to make a little bit of a rebound on the day. let's take a look at the s&p 500 because you will see whether it's higher or slightly lower. still down slightly lower and one reason for the pressure is hotter than expected, warmer than expected ppi coming in higher than expected that inflation is more...
0
0.0
Mar 14, 2024
03/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
we will discuss this with our center square senior investment strategist, as well as abigail doolittler the real estate sector, uma moriarity. how do you think about that in the context of your job? uma" it's a great question. there has been such a focus on what the fed is going to do, what is going to happen with the fed funds rate. from a real estate perspective, what's important is the long-term rate. we are focused on what's happening across the 10-year yield and that is going to be somewhere staying close to where it is today, plus or -4%. that is what you need to think about when we think about pricing real estate. abigail: there has been so much doom around cm bs, coming up over the next year to $1 trillion, maybe 1.5 trillion dollars, and there is a real distinction between that potential pain and that that financing for the publicly traded rates. can you talk to us about what we are seeing and might get help the private cm bs as well? uma: great question and yes, to your point, a lot of what we are talking about in terms of maturities and even the pain in the commercial real e
we will discuss this with our center square senior investment strategist, as well as abigail doolittler the real estate sector, uma moriarity. how do you think about that in the context of your job? uma" it's a great question. there has been such a focus on what the fed is going to do, what is going to happen with the fed funds rate. from a real estate perspective, what's important is the long-term rate. we are focused on what's happening across the 10-year yield and that is going to be...
0
0.0
Mar 8, 2024
03/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
abigail: this is bloomberg markets. i'm abigail doolittle.thie wood joins bloomberg at 2:00 p.m. new york time. this is bloomberg. ♪ sonali: time now for wall street week daily. yesterday, david westin sat down with larry culp and scott straz ik to discuss the idea to spin off ge's power business in the energy transition. >> there is political dysfunction relative to the budget currently in washington, but we shared with investors was the same geopolitical backdrop. that might not get better before it gets more tense. here in the u.s. and around the world, our business supports the war fighter, in both configurations, and we know there are advanced technologies that governments want to deploy and are ready to deploy over time. that is where we are invested in from an r&d perspective. david: energy has been dependent on technology. what changes do you see coming for ge aerospace when it comes to technology? larry: the source of ge aerospace is a competitive advantage, it is no one technology. we need to advance material sciences, master aerody
abigail: this is bloomberg markets. i'm abigail doolittle.thie wood joins bloomberg at 2:00 p.m. new york time. this is bloomberg. ♪ sonali: time now for wall street week daily. yesterday, david westin sat down with larry culp and scott straz ik to discuss the idea to spin off ge's power business in the energy transition. >> there is political dysfunction relative to the budget currently in washington, but we shared with investors was the same geopolitical backdrop. that might not get...
0
0.0
Mar 11, 2024
03/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
abigail doolittle joins us now. >> certainly a key piece and economic data given the fact that last monthi for the month of january came in just a little harder than expected really set off some gyrations in market area overall let's take a look at the fight that was in the peak in the summer of 2022 above 9%. a number that was higher than anticipated with 3.1% for the month of january. that is wasn't dissipated for february as well. month over month and is expected to come in to grow zero point 3% against the expectation of the previous month of 0.4%. that has to do with a potential decline in the inflation around food and energy which overall is asked they could to come in it 3.7%, down from 3.9%, so higher than this number here. let's break it down just a little bit more. gasoline does remain relatively high, some of the gasoline-related stocks. you can see all well-hid this year despite some volatility for oil overall, but then we take a look at food and not all food is created equally. this year what we are looking at in white is inflation. a stunning 29.6%. at home that is a little
abigail doolittle joins us now. >> certainly a key piece and economic data given the fact that last monthi for the month of january came in just a little harder than expected really set off some gyrations in market area overall let's take a look at the fight that was in the peak in the summer of 2022 above 9%. a number that was higher than anticipated with 3.1% for the month of january. that is wasn't dissipated for february as well. month over month and is expected to come in to grow...
0
0.0
Mar 27, 2024
03/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
our thanks to mandy xu of cboe and abigail doolittle. coming up, robinhood going for gold.rading platform entering the credit card industry as it continues its expansion. more on the gold card next. this is bloomberg. ♪ katie: this is bloomberg markets. time now for our stock of the hour. robinhood is unveiling a new credit card the gold card. it offers 3% back on all purchases and the company ceo spoke to bloomberg in the last hour. >> even though it will be great for customers paying off their balance in full, we also think it is going to be an incredible card for people building credit and getting started on their journey. there is an ecosystem benefit to having all of their finances in one place not just for the customers but for robinhood the business. we think that will accelerate with the credit card. katie: joining me now, i am thrilled to say is ed ludlow who of course did that interview. 3%. how are they going to make that happen? ed: the mechanics are important. to get access to the gold card, you have to be a gold subscriber. five dollars a month on a subscripti
our thanks to mandy xu of cboe and abigail doolittle. coming up, robinhood going for gold.rading platform entering the credit card industry as it continues its expansion. more on the gold card next. this is bloomberg. ♪ katie: this is bloomberg markets. time now for our stock of the hour. robinhood is unveiling a new credit card the gold card. it offers 3% back on all purchases and the company ceo spoke to bloomberg in the last hour. >> even though it will be great for customers paying...