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Apr 11, 2024
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socgen selling their equipment finance arm to group bpce for 1.1 billion euros.s is important because bpce was at one point the fourth largest bank in france. socgen seeing a positive of 25 basis points impact on there's -- their ratio from the deal. it is meant to occur in the first quarter of 2025. in terms of the equipment finance center, this group will take over. this looks ultimately like a cash story. does the additional cast -- cash affect the ratio and help the stock price at the open? we will keep an eye on that in 90 minutes. onto one of our top stories coming out of africa. the rand fell after an opinion poll showed plunging support for the ruling african national congress party. it suggests that the amc, which has governed south africa for 30 years, may garner 37% in the election at the end of may. jennifer zabasajja joins us from johannesburg. walk us through this currency reaction. what are they seeing? jennifer: this is significant. the rand was at its best levels since 2024. the drop that we saw on wednesday had halted a three-day rally for the r
socgen selling their equipment finance arm to group bpce for 1.1 billion euros.s is important because bpce was at one point the fourth largest bank in france. socgen seeing a positive of 25 basis points impact on there's -- their ratio from the deal. it is meant to occur in the first quarter of 2025. in terms of the equipment finance center, this group will take over. this looks ultimately like a cash story. does the additional cast -- cash affect the ratio and help the stock price at the open?...
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Apr 1, 2024
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we've seen a lot of people moving up like socgen and oppenheimer.hey were the highest on wall street. we've seen other firms like goldman sachs and bank of america in tandem revising their outlooks for the index. there is a concern that people have gotten on the same side of the boat. if you look at these targets, they are not implying much upside from here so it's not like everyone is predicting gains of 10-20%. sentiment apparently has not reached euphoria just yet. katie: it's only just april 1 and there is a lot of daylight left this year. thank you so much. let's run the conversation out with martin norton, the morningstar chief investment officer. let me pick up on the valuation talk. it seems that everyone agrees things look a little pricey when you look at the broad indexes but some disagreement over what that means. should we be worried about it? >> i still think there is dispersion and valuation. the point that it's been a long rally that's been pretty strong equity returns for the course of 2023 and in the first quarter. a lot of 2023 was
we've seen a lot of people moving up like socgen and oppenheimer.hey were the highest on wall street. we've seen other firms like goldman sachs and bank of america in tandem revising their outlooks for the index. there is a concern that people have gotten on the same side of the boat. if you look at these targets, they are not implying much upside from here so it's not like everyone is predicting gains of 10-20%. sentiment apparently has not reached euphoria just yet. katie: it's only just...
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Apr 22, 2024
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socgen, no landing, no cuts. long copper and gold. crude negative by 0.1%.or four basis points. 4.6589. bouncing back by 0.6%. under surveillance this morning, earnings season ramping up. >> there's a lot of pressure on a handful of stocks. we will see earnings come through on those. netflix did better but guidance was poor. we will see what happens with the rest of a handful of stocks but the momentum is not what is driving us anymore. i think that is key when we are looking low momentum names have actually outperformed high momentum in the last week. jonathan: mag seven earnings ticking off this week. tesla tomorrow followed by meta and google on thursday. mandeep singh joins us around the table. amazon and apple next week. later in may, nvidia. if we could give you one release, which one would it be? mandeep: microsoft. good enough to earnings will not be enough this season. you need spectacular earnings. nvidia had delivered that the last few times. this time it will not be nvidia but probably microsoft. they are the ones that are actually deploying ai.
socgen, no landing, no cuts. long copper and gold. crude negative by 0.1%.or four basis points. 4.6589. bouncing back by 0.6%. under surveillance this morning, earnings season ramping up. >> there's a lot of pressure on a handful of stocks. we will see earnings come through on those. netflix did better but guidance was poor. we will see what happens with the rest of a handful of stocks but the momentum is not what is driving us anymore. i think that is key when we are looking low momentum...
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Apr 11, 2024
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this from socgen this morning, if it looks like a duck and swims like a duck and >>, it is probably ak. in this case, a problem for dollar barriers, bond bowls, and the ecb. lisa: or is it of future for pcv -- is into the future of the ecb? they want a weaker euro to stimulate the manufacturing industry. it has been stimulating the tourism industry. this is one of the key questions, how far can that are? jonathan: 1.0729. coming up next, we will catch up with katy kaminski, and, maryland governor wes moore. katy kaminski coming up in five minutes. short treasuries before and more reasons to be sure. lisa: she tried to go along for a hot second and said this is difficult. key question here, what is the next step? we heard people talking about 5% 10 year yields. is this people getting overdramatic because it seems like something everyone is doing? jonathan: don't you like, was people in fixed income appeared to be -- traders? where all of the headlines, the notes that people screaming buy with a tenure buyback of 450? lisa: what conviction can you have when people cannot agree on what t
this from socgen this morning, if it looks like a duck and swims like a duck and >>, it is probably ak. in this case, a problem for dollar barriers, bond bowls, and the ecb. lisa: or is it of future for pcv -- is into the future of the ecb? they want a weaker euro to stimulate the manufacturing industry. it has been stimulating the tourism industry. this is one of the key questions, how far can that are? jonathan: 1.0729. coming up next, we will catch up with katy kaminski, and, maryland...
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Apr 16, 2024
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socgen, expensive valuation sitting comfortably with higher bonds yield. lisa: part is the right reason, part is the wrong reason. retail sales came in better-than-expected causing the increase of gdp positive for equities. the other side, it is stemming from increasing inflation expectations grading issues of how high the rates have to stay for how long. jonathan: we have heard the same thing from fed official after fed official. patience and no urgency. monetary policy is in a good place. monetary policy is tight. immediately after, hotter than expected retail sales. lisa: can they get ahead of this? will he have the freedom to cut rates. it seems the market has moved on from fed speak. it seems the market is looking at the data, increasingly pushing out potential rate cuts. fewer than two are being priced into the market. we have hot inflation. you have this sense, commodity pressures that will make life difficult for central bankers. jonathan: tons of fed speak this week including chairman powell, earnings from bank of america this hour, seven: 30 east
socgen, expensive valuation sitting comfortably with higher bonds yield. lisa: part is the right reason, part is the wrong reason. retail sales came in better-than-expected causing the increase of gdp positive for equities. the other side, it is stemming from increasing inflation expectations grading issues of how high the rates have to stay for how long. jonathan: we have heard the same thing from fed official after fed official. patience and no urgency. monetary policy is in a good place....