63
63
May 15, 2023
05/23
by
CNBC
tv
eye 63
favorite 0
quote 0
i would tell you, david, that bostic is wrong.hat we will be cutting sooner than that, but i don't want to -- the one thing i don't want to do is say that -- i'm saying we're going to avoid a recession. >> tesla has dynamic pricing, basically. i mean, they're like an airline at this point. he says they get realtime -- i mean, he said this on the call, elon musk, they get realtime information. there's no latency, unlike all the other automakers, and therefore, they're making their pricing decisions in the moment. >> unless i get that from him, i don't believe it >> well, we're going to have that opportunity, and we're very much looking forward to it, because we can tell you tomorrow, i'm going to be sitting down with elon musk after the company's annual meeting, tesla's annual meeting will be taking place in austin at the giga fact toirory. >> congratulations that's very good >> what we're hoping is at least 45 minutes that's the scheduled time. he makes his own schedule, of course, does elon. >> did he choose to preempt me because
i would tell you, david, that bostic is wrong.hat we will be cutting sooner than that, but i don't want to -- the one thing i don't want to do is say that -- i'm saying we're going to avoid a recession. >> tesla has dynamic pricing, basically. i mean, they're like an airline at this point. he says they get realtime -- i mean, he said this on the call, elon musk, they get realtime information. there's no latency, unlike all the other automakers, and therefore, they're making their pricing...
114
114
May 15, 2023
05/23
by
CNBC
tv
eye 114
favorite 0
quote 0
details after the break. >>> later, interviews with two fed presidents bostic and goolsbee." will rhtac beig bk. >> announcer: executive edge is sponsored by at&t business at&t 5g is fast, reliable and secure lily! welcome to our third bark-ery. oh, i can tell business is going through the “woof”. but seriously we need a reliable way to help keep everyone connected from wherever we go. well at at&t we'll help you find the right wireless plan for you. so, you can stay connected to all your drivers and stores on america's most reliable 5g network. that sounds just paw-fect. terrier-iffic i labra-dore you round of a-paws at&t 5g is fast, reliable and secure for your business. (♪ ♪) how do we demonstrate our unmovable strength? (eagle call) nope. how do we show that we'll stand tall through the storms? nah. (thunder) how do we make our clients feel secure and- ugh... not lions. (lion rumbles) we do it with our people. people who've been looking after people for over 170 years. >>> activist investor engaged capital is running a proxy fight for three board seats at shake shack. a
details after the break. >>> later, interviews with two fed presidents bostic and goolsbee." will rhtac beig bk. >> announcer: executive edge is sponsored by at&t business at&t 5g is fast, reliable and secure lily! welcome to our third bark-ery. oh, i can tell business is going through the “woof”. but seriously we need a reliable way to help keep everyone connected from wherever we go. well at at&t we'll help you find the right wireless plan for you. so, you...
34
34
May 15, 2023
05/23
by
BLOOMBERG
tv
eye 34
favorite 0
quote 0
haidi: raphael bostic, atlanta fed conference. of that conversation commit tvgo is your function. you can dive into any of the securities or bloomberg functions we talk about or become part of the conversation by sending us instant messages during the show. this is for bloomberg subscribers only. this is bloomberg. ♪ ♪ what if we live to 100. i don't want to outlive our money. i keep eating all these chia seeds. i could live to be 100. we work with empower, even if we do live to 100 we don't have to worry. eh, not worried. take control of your financial future to empower what's next. when you automate sales tax with avalara, you don't have to worry about things like changing tax rates or filing returns. avalarahhh ahhh ♪ >> we saw the first market reaction in turkiye. elections today and over the weekend. we had president erdogan not really achieving the outright victory. we are headed towards a runoff with his main rival on may 28. haidi: the turkish lira was weaker, but we heard state banks had intervened. on the other hand, we
haidi: raphael bostic, atlanta fed conference. of that conversation commit tvgo is your function. you can dive into any of the securities or bloomberg functions we talk about or become part of the conversation by sending us instant messages during the show. this is for bloomberg subscribers only. this is bloomberg. ♪ ♪ what if we live to 100. i don't want to outlive our money. i keep eating all these chia seeds. i could live to be 100. we work with empower, even if we do live to 100 we...
40
40
May 16, 2023
05/23
by
BLOOMBERG
tv
eye 40
favorite 0
quote 0
but there is a potential in the economy for a soft landing, but bostic saying, we are not at the harde is still the lagged effect of tightening that will take place. we are seeing u.s. futures turning positive and we also are seeing that dollar still holding onto its gains, which is something that could weigh on asian stocks, even though we see nikkei futures pointing to further gains. we have been tracking the moves in the topics sitting at a 33 year high. bond yields are also ticking high and very much in line what we had with treasuries and the price session. let's change now because when you speak about the moves we have seen higher for treasury yields, it's interesting to know what's happening in the tech sector, given that the nasdaq has been outperforming in the face of rising yields. this chart takes a look at the nasdaq on an equal weight versus the market cap weight basis so you can actually see it really tells a story that is just a handful of stocks that have been driving the performance of the nasdaq overall. when you look at this basis, we are at the lowest point for tha
but there is a potential in the economy for a soft landing, but bostic saying, we are not at the harde is still the lagged effect of tightening that will take place. we are seeing u.s. futures turning positive and we also are seeing that dollar still holding onto its gains, which is something that could weigh on asian stocks, even though we see nikkei futures pointing to further gains. we have been tracking the moves in the topics sitting at a 33 year high. bond yields are also ticking high and...
99
99
May 15, 2023
05/23
by
BLOOMBERG
tv
eye 99
favorite 0
quote 0
rafael bostic speaking today, he said no cuts until 2024.ually the ecb and fed may be more aligned than current pricing would indicate. what you are talking about in terms of the energy story is fascinating. if you look at what is being priced for gas next winter, it is down and is falling. people are actively talking about an lng terminal glut for europe next winter because some renewables are starting to take over. what are they plugging in, what is the commission looking for next winter in terms of the energy story and what factor is that playing in this data we are seeing today? maria: that is a good point. it may be contrarian to this idea that the european union was able to whether the winter because of a mild winter, but what officials would say is they were also effective at intervening the market. there is a cap, oil prices and gas prices. none of that is going to change. they signaled a lot of the bulk buying, this is happening as we speak. we have to wait until we see the final data. that is happening behind the scenes. the thing
rafael bostic speaking today, he said no cuts until 2024.ually the ecb and fed may be more aligned than current pricing would indicate. what you are talking about in terms of the energy story is fascinating. if you look at what is being priced for gas next winter, it is down and is falling. people are actively talking about an lng terminal glut for europe next winter because some renewables are starting to take over. what are they plugging in, what is the commission looking for next winter in...
33
33
May 16, 2023
05/23
by
BLOOMBERG
tv
eye 33
favorite 0
quote 0
francine: raphael bostic and neel kashkari on the banks next move to tackle inflation.till with us tristan hanson from m&g investment management. when you look at the fed calls and the path forward for inflation, you believe we can be at a turning point in we could see a recession. what for where you want to be fully invested? tristan: the bond market is difficult because the market is already pricing cuts to a degree. the long end of the curve is potentially more interesting because on a multiyear horizon, you have got 1.5-2 percent real interest rates if we are right that inflation comes back down. in the long run there's a question over that but if we start to worry about growth first, the market i think will put aside concerns about inflation for the time being and therefore those funds could be quite attractively valued at a positive real yield. tom: maybe look at the long end of the curve of the 10 year. 380 on the 30 year in the u.s.. the earnings picture has been relatively resilient spirit do you see that holding up amid the concern around slow growth? tristan:
francine: raphael bostic and neel kashkari on the banks next move to tackle inflation.till with us tristan hanson from m&g investment management. when you look at the fed calls and the path forward for inflation, you believe we can be at a turning point in we could see a recession. what for where you want to be fully invested? tristan: the bond market is difficult because the market is already pricing cuts to a degree. the long end of the curve is potentially more interesting because on a...
47
47
May 15, 2023
05/23
by
BLOOMBERG
tv
eye 47
favorite 0
quote 0
bostic, logan, bullard, bostic. tom: that does not include brainard over at the white house! of where policy is going? tom: no. that would be the answer. they are in the color band we have been talking about all morning. i see it with a two-year midrange yield, just moments ago .o42%. jonathan: chairman powell, who will we get? will we get a governor jefferson, which is all long and variable lags and maybe we are done here? tom: it will be interesting to see. they will meet, paul and bernanke in honor of john williams dying young. you go to where we are with lombok and williams and then go on to blanchard of a reduced r starred. will we get back down to a lower rate, a lower yield regime? all of these fuzzy concepts though -- jonathan: all of these fuzzy concepts though. tom: lisa, can we believe in a six-month the goal? no one is looking for the yield structure short-term to move higher. lisa a.: the person who we should have asked about that is lindsay piegza because she forecasts a 6% fed funds rate. with respect to do tightening and r start, they take a dartboard, and r s
bostic, logan, bullard, bostic. tom: that does not include brainard over at the white house! of where policy is going? tom: no. that would be the answer. they are in the color band we have been talking about all morning. i see it with a two-year midrange yield, just moments ago .o42%. jonathan: chairman powell, who will we get? will we get a governor jefferson, which is all long and variable lags and maybe we are done here? tom: it will be interesting to see. they will meet, paul and bernanke...
37
37
May 19, 2023
05/23
by
BLOOMBERG
tv
eye 37
favorite 0
quote 0
i wanted pull up a boat from rafael bostic who says this is a pause or a skip, or it could be a hold.t do you feel should happen? >> this is a great question and i think when we look at the market price, there is very little probability placed on the fed pausing on hiking again, that is something that is underappreciated with the market. i think a pause makes sense because they are waiting to get a message from the data. it really tells conflicting things right now. at the end of the day, the fed believes the core drivers of inflation are wage growth. really, we haven't seen meaningful cooling and that. we are waiting to see with the impact is going to be. with the banking stress, getting through the next couple of weeks around the debt limit, before trying to decide. >> is hard not to talk all day about the debt limit read but when you look at what is possible in terms of financial conditioning type name, quantitative recession's here, are constraints are done with the banking system where people are worried about commercial real estate. what are the real estate red flags that you ar
i wanted pull up a boat from rafael bostic who says this is a pause or a skip, or it could be a hold.t do you feel should happen? >> this is a great question and i think when we look at the market price, there is very little probability placed on the fed pausing on hiking again, that is something that is underappreciated with the market. i think a pause makes sense because they are waiting to get a message from the data. it really tells conflicting things right now. at the end of the day,...
37
37
May 3, 2023
05/23
by
BLOOMBERG
tv
eye 37
favorite 0
quote 0
i'm romain bostic, and our coverage today will be bicoastal, including our team's surveillance. tom, john and lisa back in the new york studio. you want to start off, of course, with the consensus expectation, and it is twofold. first, a 25 basis point interest rate increase. and second, a signal to pause one of the most aggressive hiking campaigns that we've seen in the fed's 109 year history. now, the latest case for the former, a hike. you talk about the adp private payroll figures that exceeded economic forecasts, rising the most in about nine months. and then you have the case for the latter, the case for a pause. the latest ism business activity index, downshifting to the slowest pace of growth going back to may of 2020. now, a fed hike today would bring the federal funds rate to a range of 5% to 5.25%. the highest going back to oh seven, a level that has forced investors and money managers to adjust those baselines and adjust those allocations. that includes a reassessment of equities, alternatives and a much bigger way fixed income. franklin templeton has more than $1.5
i'm romain bostic, and our coverage today will be bicoastal, including our team's surveillance. tom, john and lisa back in the new york studio. you want to start off, of course, with the consensus expectation, and it is twofold. first, a 25 basis point interest rate increase. and second, a signal to pause one of the most aggressive hiking campaigns that we've seen in the fed's 109 year history. now, the latest case for the former, a hike. you talk about the adp private payroll figures that...
16
16
tv
eye 16
favorite 0
quote 0
the robot will be intelligent at the munich institution for bostic, they see that a go me the human noise robotic assistance for the elderly dummy gimme a piece pump. gummy makes it look easy is that it is goodbye winter. how is your few hours of training and programming is going into teaching, gummy, how to move like a human? because gone, they will have all sorts of different jobs to do in various different stands. one is about they have scared for instance, we want to do lots of songs or for some us or turn them asleep. that's why this is one example of the health care application. i know there probably is about daily life tasks, which for this just i can example like carrying a glass of water or getting medication to the, to the seniors. the initial results me bring me a glass of water. ready the robustness to learn how to move the tons and tons to imitate simple human movements . ready thank you, but the distance from right about to human hand will vary. that's easy for us humans, but gummy has to learn it fast. now, photo your head gummy, it has to see it moves through space and res
the robot will be intelligent at the munich institution for bostic, they see that a go me the human noise robotic assistance for the elderly dummy gimme a piece pump. gummy makes it look easy is that it is goodbye winter. how is your few hours of training and programming is going into teaching, gummy, how to move like a human? because gone, they will have all sorts of different jobs to do in various different stands. one is about they have scared for instance, we want to do lots of songs or for...
15
15
tv
eye 15
favorite 0
quote 0
one to change this one day, the robots will be in tentative community institution for bostic. they see that a go me a human noise robotic assistance for the elderly. i mean, gimme a piece pump. gummy makes it look easy, then it is football. winter. how is your feeling? how is of training and programming is going into teaching me how to move like a human? because gone, they will have all sorts of different jobs to do in various different stands. one is about they have scared for instance, we want to do lots of songs or, or someone or turn them asleep. that's why this is one example of the head scare application. i know the piano is about daily life tasks, which for this just i can example like carrying a glass of water or getting medication to the, to the seniors. the initial results me bring me a glass of water. ready the robot must 1st learn how to move the tons and tons to imitate simple human movements. ready thank you, but the distance from road to human hands will vary. that's easy for us humans, but gummy has to learn it. all sort of your head gummy has to see it moves t
one to change this one day, the robots will be in tentative community institution for bostic. they see that a go me a human noise robotic assistance for the elderly. i mean, gimme a piece pump. gummy makes it look easy, then it is football. winter. how is your feeling? how is of training and programming is going into teaching me how to move like a human? because gone, they will have all sorts of different jobs to do in various different stands. one is about they have scared for instance, we...
26
26
tv
eye 26
favorite 0
quote 0
plant and see how a company type comes plan is facing vs resistance from local fishing communities. bostic earthquake and subsequent synonymy in 2011 damage the machine, the plant causing the cooling water to become radioactive of friendship. maybe. yeah. why the kind of film festival begins today, the opening film is receiving lots of attention fuel by scandals on the screen and in real life, john, the battery features johnny debt, who's called cases at once threatened to the rail. his career, hollywood styles come back is just one of the headlines for me. she has festival as johnny depp is back on top, playing francis king louis the 15th in the new film. john, do you bother you about a former prostitute who became the king's mistress, ship to the default of what? don't use you to send a picture on a cool community test you another good thing because of his american accent. dep only speaks a few lines in the whole movie, leaving more screen time for actress. my when she also wrote, produced and directed the film and she's got some scandals of her own. the star just admitted to assaulting
plant and see how a company type comes plan is facing vs resistance from local fishing communities. bostic earthquake and subsequent synonymy in 2011 damage the machine, the plant causing the cooling water to become radioactive of friendship. maybe. yeah. why the kind of film festival begins today, the opening film is receiving lots of attention fuel by scandals on the screen and in real life, john, the battery features johnny debt, who's called cases at once threatened to the rail. his career,...
14
14
tv
eye 14
favorite 0
quote 0
tell you what do you mean yet is may not force give bostic? is this the mean of somebody in need of anything else? i know one might need across the top of my mind, you guys could distributive that'll be my medium plus they've been up emotions so that it clears super, super, super, super. so any dates because you're really into some i'm from the p. nothing because the nothing that can cause you sound like you certainly lung. suppose, suppose the epic, a tree to look up the same thing yet for also stick f as in nor would assume live with him. but and yet i didn't isn't i say nothing. i'm easy, of course, cook officially and then that's how much the need is now i'm just the noise not appearing yet for the, for the low cost. so we, we need some, i say, yes, we need the above. you a to kind of nice in a simulation input problem. so it's a, with the sure what should run us country this process which now slide the slide for i see it. so when you say, you'll see just snipping, which set the portals in their car, and you're supposed to say that the pro
tell you what do you mean yet is may not force give bostic? is this the mean of somebody in need of anything else? i know one might need across the top of my mind, you guys could distributive that'll be my medium plus they've been up emotions so that it clears super, super, super, super. so any dates because you're really into some i'm from the p. nothing because the nothing that can cause you sound like you certainly lung. suppose, suppose the epic, a tree to look up the same thing yet for...
22
22
May 15, 2023
05/23
by
ALJAZ
tv
eye 22
favorite 0
quote 0
now in barcelona avenue, champion suspect in winning the 1st level, you get title in 4 years. bostic got the when they need to be home with a supervisor, you suspend the to find the boss of funds from wearing team colors through the state. and i was because both of the same to them and member of us, robert of live in dusky school twice to help us. so 2 ways treat you know, lead as often they ended up putting full to them and celebrations could really begin the process cuz that a guiding them to the title in his 1st full season in charge of the club meeting the spanish league for the 1st time since the departure of the .
now in barcelona avenue, champion suspect in winning the 1st level, you get title in 4 years. bostic got the when they need to be home with a supervisor, you suspend the to find the boss of funds from wearing team colors through the state. and i was because both of the same to them and member of us, robert of live in dusky school twice to help us. so 2 ways treat you know, lead as often they ended up putting full to them and celebrations could really begin the process cuz that a guiding them to...
15
15
tv
eye 15
favorite 0
quote 0
is may not force give bostic is this the mean of somebody in need of any suggest i know what my need across the bottom or do you guys get distributive? that'd be my medium plus they've been out the measures so that includes us super, super, super, super. so in any states, because you're really into some i'm from the p. nothing because the show the nothing that can cause the so like long suppose suppose that eric a true to look up the same thing yet for also stick f as in no water sim live with him. but and yet i didn't is nice if nothing. i'm easy. of course cook c i'm but how much the need is now i'm just the noise not appearing yet for the, for the low cost. so we, we need some, i sick yesterday, need the above you a to kind of nice him see what i should input from them. so it's a, with the sure what should run us country this process i want, you know, slide to us, why proceed? so when you cross that, you'll see just snipping, we set the tools in their car, and you're supposed to say that the professors can provide it, which i'm going to do what you just swap francis. know i've mea
is may not force give bostic is this the mean of somebody in need of any suggest i know what my need across the bottom or do you guys get distributive? that'd be my medium plus they've been out the measures so that includes us super, super, super, super. so in any states, because you're really into some i'm from the p. nothing because the show the nothing that can cause the so like long suppose suppose that eric a true to look up the same thing yet for also stick f as in no water sim live with...
16
16
tv
eye 16
favorite 0
quote 0
more than he pretty much the just now monday night that it was, you mean yet is minute or some deals bostic or just email somebody in need of any suggest on no one monday across the top of my mind you guys can do this how do you, mind me doing? must've been out the measure so that it clears suicide. so so, so at any stage because you don't really use.
more than he pretty much the just now monday night that it was, you mean yet is minute or some deals bostic or just email somebody in need of any suggest on no one monday across the top of my mind you guys can do this how do you, mind me doing? must've been out the measure so that it clears suicide. so so, so at any stage because you don't really use.
38
38
May 15, 2023
05/23
by
BLOOMBERG
tv
eye 38
favorite 0
quote 0
shery: raphael bostic speaking exclusively to us at the atlanta fed conference.e 30 minutes away from major market opens. what are you seeing? vonnie: -- annabelle: this chart showing one that could be the case because one index dipping back below zero and that tells us the reams are coming in worse than expected. the fed still says that for the work is needed to rein in inflation. what we are hearing from fed officials must the ongoing debt negotiations in the u.s. is setting us up for some muted trading. u.s. features fairly flat, about a half-hour from opens in sydney, saul, in tokyo. australia also pointing to a flat start. japan is the market to watch. nikkei futures just coming online in singapore and the topix within a whisker of reaching three decade high. roman sex among those saying all this optimism around the topics is justified given the improving economic backdrop and the expectation for structural changes. it is a bit of wait and see and it comes down to what we are getting out of china later this morning because we have the monthly activity data t
shery: raphael bostic speaking exclusively to us at the atlanta fed conference.e 30 minutes away from major market opens. what are you seeing? vonnie: -- annabelle: this chart showing one that could be the case because one index dipping back below zero and that tells us the reams are coming in worse than expected. the fed still says that for the work is needed to rein in inflation. what we are hearing from fed officials must the ongoing debt negotiations in the u.s. is setting us up for some...
41
41
May 19, 2023
05/23
by
BLOOMBERG
tv
eye 41
favorite 0
quote 0
bostic said last week he would hold his vote if he had to decide today.t will more likely be a hike than a cut. this seems a way to keep the door open for hiking. it is getting confusing and is hard to explain because they have not told us what they mean. it is interesting that two officials said it. shery: japan's inflation re-accelerating -- haidi: japan's inflation is real accelerating. kathleen: it seems like the kind of thing that if we see more of this, how could it not? inflation had been coming down, and the boj is convinced food prices. rising. when they stopped rising, inflation will not come back to percent but below 2%. i love this chart because you can see everything is above the 2% target. for june, japan's core cpi above 3.4% -- excuse me, not for june. the latest month, may, three .4% year-over-year. -- 3.4% year-over-year. the core cpi taking out food and energy, the core that takes out even more is at its highest rate since 1981. where does this leave the boj? it supports the view that they will raise their forecast for inflation. it is
bostic said last week he would hold his vote if he had to decide today.t will more likely be a hike than a cut. this seems a way to keep the door open for hiking. it is getting confusing and is hard to explain because they have not told us what they mean. it is interesting that two officials said it. shery: japan's inflation re-accelerating -- haidi: japan's inflation is real accelerating. kathleen: it seems like the kind of thing that if we see more of this, how could it not? inflation had...
19
19
tv
eye 19
favorite 0
quote 0
pregnant nun is viewed as a devil and is even banished from her own family. logical in many despair, bostic them. so i know a woman who was cast out by everyone that she wanted and a portion and died during it. and she went to some clack abortionist and she does a lot of move for element to avoid scandals, priest and superior numbs preferred to handle the pregnancy is quietly most of the 50, non studying and constants. as catholic university have had abortions with the help of the talk to from the local hospital the why am it say, is in the office. the doctor was courting it and he just didn't. i asked, don't you see that i'm and that i'm going to utilize your victim and he said, come into my office. i'll show you something to got out of the sectors you plus thinking of all those are all the nuns who've had abortions and you want to tell me your home or use the virgin mary. and person himself was a shame that was the front of you have somebody who was j on the number of the i don't know how many have been raped and not become pregnant. it said about $32.00 of the $59.00 in our order had to
pregnant nun is viewed as a devil and is even banished from her own family. logical in many despair, bostic them. so i know a woman who was cast out by everyone that she wanted and a portion and died during it. and she went to some clack abortionist and she does a lot of move for element to avoid scandals, priest and superior numbs preferred to handle the pregnancy is quietly most of the 50, non studying and constants. as catholic university have had abortions with the help of the talk to from...
84
84
May 15, 2023
05/23
by
CNBC
tv
eye 84
favorite 0
quote 0
paul tudor jones said the fed's done paul bostic, said maybe. >> we think post banking stress they're done and the most likely move is a rate cut they wait four months historically between the last hike and the first cut and that sets us up nicely for the fall for the first cut. >> i have no idea. >> nobody has an idea. >> the first assignment i gave everyone this year was read the out look for the big five banks and equities and tell me what's happened so far. my point is that the smartest and best people in the world have no idea. >> if i told you the fed was done, you would say what >> randomly guessing -- i'm not good at this they're not done that's my view. >> if they are done -- >> the unemployment rate and the cpi don't indicate it. in the end they'll lag like they did in the way in. >> unless they come to the view that they don't have to crack the labor market like they once thought. >> and as inflation comes down you have higher positive real rates. there's tightening without having to raise rates further. if they're done, cash is the worst place to be. it's time to increase
paul tudor jones said the fed's done paul bostic, said maybe. >> we think post banking stress they're done and the most likely move is a rate cut they wait four months historically between the last hike and the first cut and that sets us up nicely for the fall for the first cut. >> i have no idea. >> nobody has an idea. >> the first assignment i gave everyone this year was read the out look for the big five banks and equities and tell me what's happened so far. my point...
102
102
May 16, 2023
05/23
by
BLOOMBERG
tv
eye 102
favorite 0
quote 0
that is all versus bostic who said if i had to vote right now, i would vote for a hold.ashkari is the only voting member among them, so maybe he is the only one to tune in to great it goes back to cuts being still priced in. how much more does the fed need to say to change the mind of this bond market? manus: the market is so presumptive of rate cuts coming that that is perhaps a disconnect. there is a disconnect in equity markets, we have heard that from one of the quant funds this morning. but the greatest fully of all is to think that the fed is done. i'm surprise the aussie is not lower, it has been a fairly anemic response to fairly underwhelming data out of china. the velocity of that reopening stalled. dani: the exciting thing though is japan, the topix at its highest level since the 1990's so at least something is moving in this market. this is bloomberg. ♪ am i? ya! save 50% on the sleep number limited edition smart bed. plus, free home delivery when you add an adjustable base. only at sleep number. anna: good morning and welcome to "bloomberg markets: europe."
that is all versus bostic who said if i had to vote right now, i would vote for a hold.ashkari is the only voting member among them, so maybe he is the only one to tune in to great it goes back to cuts being still priced in. how much more does the fed need to say to change the mind of this bond market? manus: the market is so presumptive of rate cuts coming that that is perhaps a disconnect. there is a disconnect in equity markets, we have heard that from one of the quant funds this morning....
19
19
May 25, 2023
05/23
by
BLOOMBERG
tv
eye 19
favorite 0
quote 0
raphael bostic throwing the cap amongst the pigeons. >> it seems to me what is happening right now ishey genuinely do not know what they will decide. some are leading more toward a pause. some like jim bullard looking for two or hikes. he does not know when. that this not say whether he will vote for a high three weeks from now in june, but he is more bullish. we spoke to rob kaplan earlier, and what if's themes is the reason for all of these rate hikes, 500 basis points of rate hikes have not slept on the economy more is that fiscal stimulus is acting in opposition to monetary tightening between the american rescue act, infrastructure spending bills that have been passed, there is lots of spending, lots of stimulus out there and u.s. economy, and that is one of the things making it so difficult for the fed to get its job done. he said it may be that is another reason, currently the fed is not looking at that, they are not looking at the driver of the high inflation. they're looking at the data itself and he things that is slowing them down. he thinks they should pause and will pause,
raphael bostic throwing the cap amongst the pigeons. >> it seems to me what is happening right now ishey genuinely do not know what they will decide. some are leading more toward a pause. some like jim bullard looking for two or hikes. he does not know when. that this not say whether he will vote for a high three weeks from now in june, but he is more bullish. we spoke to rob kaplan earlier, and what if's themes is the reason for all of these rate hikes, 500 basis points of rate hikes...
95
95
May 16, 2023
05/23
by
CNBC
tv
eye 95
favorite 0
quote 0
bostic again tonight the short ends up 4.05 the ten-year almost to 3.55.> bunch of headlines in the energy space today the iaea says demand will climb on what they think is a china recovery and raise their forecast by 200,000 barrels day. granholm starting to add to the spr. >> usual suspect we need to see more economic demand to get that thing rolling. >> also russia production way above what people expected. >> that's classic. they need the money so badly. >> 7161 on texas back in a moment let's race! put your foot on the pedal for speed. yeah! reliability. it's showtime. here we go. and power. introducing the xfinity 10g network. that was awesome. super-fast internet today. with even faster speeds tomorrow. you might wanna buckle up. only from xfinity. the future starts now. give your small business one tech solution that checks all the boxes. it's all here with the comcast business complete connectivity solution. peace of mind with cyberthreat security. the power of the largest, fastest reliable network. plus, save up to 75% a year with comcast busines
bostic again tonight the short ends up 4.05 the ten-year almost to 3.55.> bunch of headlines in the energy space today the iaea says demand will climb on what they think is a china recovery and raise their forecast by 200,000 barrels day. granholm starting to add to the spr. >> usual suspect we need to see more economic demand to get that thing rolling. >> also russia production way above what people expected. >> that's classic. they need the money so badly. >> 7161...
45
45
May 3, 2023
05/23
by
BLOOMBERG
tv
eye 45
favorite 0
quote 0
i'm romain bostic, and our coverage today will be bicoastal, including our team's surveillance.tudio. you want to start off, of course, with the consensus expectation, and it is twofold. first, a 25 basis point interest rate increase. and second, a signal to pause one of the most aggressive hiking campaigns that we've seen i
i'm romain bostic, and our coverage today will be bicoastal, including our team's surveillance.tudio. you want to start off, of course, with the consensus expectation, and it is twofold. first, a 25 basis point interest rate increase. and second, a signal to pause one of the most aggressive hiking campaigns that we've seen i
31
31
May 23, 2023
05/23
by
BLOOMBERG
tv
eye 31
favorite 0
quote 0
finally, rafael bostic and tom barkin were at any event together today on a panel and rafael, what he said recently, he's comfortable with a pause. so the door is open, but he has also said, if there isn't another move, it will be a hike, not a cut. tom barkin is awaiting more data. he was a see how tight the labor market is. consumer spending, is it cooling off what's inflation doing? i don't want to prejudge june. i think everybody is truly waiting to see the next data coming up, how the entire credit conditions look, and they are truly waiting to see what happens, although jim bullard is making it clear they won't be done whether they hike in june or not. rishaad: kathleen, thanks. our bloomberg economic policy editor, kathleen hays and bruce einhorn looking at the debt ceiling and where we are with that. now it's all about political negotiations as are the politics at the moment in ankara. let's get to the first word news with vonnie quinn in new york. vonnie: the turkish president has won the support of a nationalist rival, boosting his bid to extend his rule. the candidate has a
finally, rafael bostic and tom barkin were at any event together today on a panel and rafael, what he said recently, he's comfortable with a pause. so the door is open, but he has also said, if there isn't another move, it will be a hike, not a cut. tom barkin is awaiting more data. he was a see how tight the labor market is. consumer spending, is it cooling off what's inflation doing? i don't want to prejudge june. i think everybody is truly waiting to see the next data coming up, how the...
115
115
May 15, 2023
05/23
by
CNBC
tv
eye 115
favorite 0
quote 0
the 10-year yield 350 after raphael bostic on "squawk box" said inflation is not coming down quickly your shipping manager left to “find themself.” leaving you lost. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire >>> it may be spring outside, but the housing market is still in deep freeze high rates and low inventory are keeping people from moving, mortgage originations hitting their lowest levels. many assumed this would be good news for home improvement but key banks expects spending to slow in the coming months. baird and mkm echoing cutting estimates on home depot and lows home depot reports tomorrow and lows next week lowe's hanging on to a 1% gain decking material manufacturer trex is seeing nice benefits from home improvement and posting a beat last week and the stock is up nearly 35% on the yore joining us now is bryan fairbanks trex's ceo welcome. >> thanks for having me this afternoon. >> to familiarize everybody here, you do the composite decking and water resis
the 10-year yield 350 after raphael bostic on "squawk box" said inflation is not coming down quickly your shipping manager left to “find themself.” leaving you lost. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire >>> it may be spring outside, but the housing market is still in deep freeze high rates and low inventory are keeping people from moving, mortgage...
140
140
May 15, 2023
05/23
by
FBC
tv
eye 140
favorite 0
quote 0
earlier today i saw atlanta fed president rafael bostic, hey, no cuts this year. maybe more hikes. i'm not sure they're all on the same page when they say that or if he is representing as proxy for them all but what part of them, do you think is the confusing part? >> what part is not? charles: [laughter] >> here's the thing, first of all what rebecca said, that. they have the same tools that they're using to try to fix the problem that they created and it is, they're not the right tools. the thing that really got, jumped out at me, was james bullard said just last week, i think, he is the former president of the st. louis fed, that the federal reserve missed the banking crisis, they didn't see what was going on with the regional banks. and so you think about this, these are bankers and they missed the consequences of their actions on the banks. so my sense that they're confused is not really even an opinion. it's a fact and so, the fact that powell and the fed kept raising rates, even just this last 25 basis point hike, really tells you that they're so fixated on
earlier today i saw atlanta fed president rafael bostic, hey, no cuts this year. maybe more hikes. i'm not sure they're all on the same page when they say that or if he is representing as proxy for them all but what part of them, do you think is the confusing part? >> what part is not? charles: [laughter] >> here's the thing, first of all what rebecca said, that. they have the same tools that they're using to try to fix the problem that they created and it is, they're not the right...
38
38
May 16, 2023
05/23
by
BLOOMBERG
tv
eye 38
favorite 0
quote 0
jonathan: a great conversation with michael mckee and rafaela bostic. from the fed this week including chairman powell friday. your equity market is just a little bit softer this morning. a whole lot softer, home depot in the premarket down by 5%. comparable sales could decline between two and 5% this year. they blamed a whole bunch of things. they blamed lumber deflation and social media? tom: there is a wide set of ideas and night -- i'm that has always been true but they are up 17% for the last few years. whether debates have always been there. jonathan: have you noticed it's only affects when it's bad. when it's good it's us. lisa: i was going to say the exact same thing. that seems to be the new fx trade. tom: let's talk to an expert. lisa is an expert because she is at home depot three times a week but we are clueless. someone who is competent is charles grom. what's cool about this out of the college of holy cross is this is one of the coolest things in the securities research side. this gentleman is a cpa and a cfa and that is bulletproof across
jonathan: a great conversation with michael mckee and rafaela bostic. from the fed this week including chairman powell friday. your equity market is just a little bit softer this morning. a whole lot softer, home depot in the premarket down by 5%. comparable sales could decline between two and 5% this year. they blamed a whole bunch of things. they blamed lumber deflation and social media? tom: there is a wide set of ideas and night -- i'm that has always been true but they are up 17% for the...
27
27
May 16, 2023
05/23
by
ALJAZ
tv
eye 27
favorite 0
quote 0
and you know, i mean just walk through any beach and you see a lot of bostic liter underscore steps affecting tourism revenue for those countries dependent on tourism. but now we're seeing a loss and income for the fisher research to aware for shopping. drafton ghost gear fishing. your basically that has been abandoned. but micro plastics. of, of the plastics degreed the in the ocean. they're being adjusted as microsoft to extend to fish going up the food chain into our human bodies and researches showing that more research is growing on the human health than 5 because micro plastic. so being in hill bios by being adjusted miles by taking a bit to water bios. and so we're seeing human bodies having more microsoft sticks in them. and so we're probably going to see a growing amount of human health and bikes, not just on the environment. if i understand correctly, there are processes for changing the way the plastics and manufacturers and also the way that they are reused and re developed and re constituted. and so on. why is more business is not taking that on board? what's the stumbling block
and you know, i mean just walk through any beach and you see a lot of bostic liter underscore steps affecting tourism revenue for those countries dependent on tourism. but now we're seeing a loss and income for the fisher research to aware for shopping. drafton ghost gear fishing. your basically that has been abandoned. but micro plastics. of, of the plastics degreed the in the ocean. they're being adjusted as microsoft to extend to fish going up the food chain into our human bodies and...
21
21
tv
eye 21
favorite 0
quote 0
you also see fm bostic collection of propes that explains who's out alleged nazi is the truth. murder was being planned for the murder of people who spread propaganda. so a lot of the key to the office is gonna be of a, on your phone and so forth. all of that, once again, for letting me as to love you, of played a key role in russia's propaganda machine. this time is the a sensible victim of an assassination attempt made public $5.00 to $10.00 himself. the performance was designed to lend credence to the claim that ukraine is controlled by nazis. and it's an open and this call. so this complete picture also is set to persuade, so nobody has any doubts because these are not c and they wanted to kill somebody else the the well you're good. yes. to love you. of apparently there was an attempt to either rape or kill him and i didn't quite understand. so long ago if we had the opportunity to take out of targets in most school, it's probably wouldn't be sol of yoga disorders. no, obviously it's published and as far as i know, everyone who works in the media and spoken and thinks that it's a
you also see fm bostic collection of propes that explains who's out alleged nazi is the truth. murder was being planned for the murder of people who spread propaganda. so a lot of the key to the office is gonna be of a, on your phone and so forth. all of that, once again, for letting me as to love you, of played a key role in russia's propaganda machine. this time is the a sensible victim of an assassination attempt made public $5.00 to $10.00 himself. the performance was designed to lend...
47
47
May 24, 2023
05/23
by
BLOOMBERG
tv
eye 47
favorite 0
quote 0
raphael bostic saying how important the data is going to be, the federal reserve board governor saying the same thing. the skip of course is when you don't hike rates but leave the door open to the next hike. in terms of what they see next, several participants, more than half of the effingham see members note if the economy evolves be on their outlooks which means inflation getting lower and the labor market cooling off, then maybe they don't need more tightening. at some participants, that is going to be less than half but a substantial amount. commenting that there expect patients returning to inflation could be unacceptably slow, that they would have to do more rate hikes. we just talked to rob kaplan, a former president of the federal reserve bank of dallas, and rob does think they are leaning towards a pause. but they are not just there yet. let's listen to what he said. >> it feels to me that they are moving toward a pause, it does not surprise me that they are having a debate though because despite all these rate increases the economy is holding up pretty well and i think that
raphael bostic saying how important the data is going to be, the federal reserve board governor saying the same thing. the skip of course is when you don't hike rates but leave the door open to the next hike. in terms of what they see next, several participants, more than half of the effingham see members note if the economy evolves be on their outlooks which means inflation getting lower and the labor market cooling off, then maybe they don't need more tightening. at some participants, that is...
40
40
May 3, 2023
05/23
by
BLOOMBERG
tv
eye 40
favorite 0
quote 0
rishaad: lucid board member liveris speaking to romaine bostic.ss flash headlines. tesla raises prices of its two main models for the first time in a month, coming after central rounds of -- several rounds of cuts. they got a $250,000 hike in the u.s. and a $218,000 increase in china. it's the automate -- of the most automate of growth in gross margin. ford motor beat its profit estimates, stronger gain on vehicle pricing and increased sales volumes. revenues talking $41 billion, leaving $36 billion as their forecast in the dust. fortis saying it -- afford is expecting headwinds, but maintains is forecast. starbucks out with its tales beat, strong performances in the u.s. and china but it was not enough to satisfy investors. comparable sales rose 11% in the first quarter, beating a forecast of 7.3%. the results underline consumers resilience and paying higher prices for discretionary items, like yvonne's favorite. yvonne: oatmilk latte's. a lot of people are willing to pay up for that. today, we're paying up for gold, particularly with the gold pr
rishaad: lucid board member liveris speaking to romaine bostic.ss flash headlines. tesla raises prices of its two main models for the first time in a month, coming after central rounds of -- several rounds of cuts. they got a $250,000 hike in the u.s. and a $218,000 increase in china. it's the automate -- of the most automate of growth in gross margin. ford motor beat its profit estimates, stronger gain on vehicle pricing and increased sales volumes. revenues talking $41 billion, leaving $36...
129
129
May 25, 2023
05/23
by
CNBC
tv
eye 129
favorite 0
quote 0
we got bostic saying no cuts until well into '24 yesterday as well let's get to two tech names telling of reporters is here to break down the reaction. kristina partsinevelos on nvidia helping the semis and the nasdaq 100, hitting new 52-week highs you just don't get stories like this very often. >> the words in the analyst reports, jaw-dropping, best in history, i've never seen this in my career, but investors and analysts were waiting for nvidia's quarter as well as guidance to gauge the reality and magnitude of this a.i. story. the company's $11 billion revenue q2 guidance almost $4 billion over system. this may be dispelling this a.i. bubble narrative right now much of yesterday's beat was driven by data center revenues when competitors and intel as well as amd saw a decline during the same exact timeframe and the company nvidia expects data center revenue to double in the current quarter. it's not just data center. you have a 22% quarter increase in gaming also helped drive that beat but analysts are rushing to revise earnings and system price target wedbush increased the full yea
we got bostic saying no cuts until well into '24 yesterday as well let's get to two tech names telling of reporters is here to break down the reaction. kristina partsinevelos on nvidia helping the semis and the nasdaq 100, hitting new 52-week highs you just don't get stories like this very often. >> the words in the analyst reports, jaw-dropping, best in history, i've never seen this in my career, but investors and analysts were waiting for nvidia's quarter as well as guidance to gauge...
83
83
May 12, 2023
05/23
by
CNBC
tv
eye 83
favorite 0
quote 0
when we'll be speaking with two, not one, but two federal reserve bank presidents, atlanta's raphael bosticbc lily! welcome to our third bark-ery. oh, i can tell business is going through the “woof”. but seriously we need a reliable way to help keep everyone connected from wherever we go. well at at&t we'll help you find the right wireless plan for you. so, you can stay connected to all your drivers and stores on america's most reliable 5g network. that sounds just paw-fect. terrier-iffic i labra-dore you round of a-paws at&t 5g is fast, reliable and secure for your business. what do you get from the morgan stanley client experience? listening more than talking, and a personalized plan ♪ to guide you through a changing world. ♪ >>> check out the shares of icon enterprises, if you would, icahn's holding company operating a buyback, equaling almost 27% of its shares, after losing more than a third of its value. that followed a negative report from short seller hindenberg research always love that name for a short seller regulatory filings, the $500 million buyback marks the first time icahn's
when we'll be speaking with two, not one, but two federal reserve bank presidents, atlanta's raphael bosticbc lily! welcome to our third bark-ery. oh, i can tell business is going through the “woof”. but seriously we need a reliable way to help keep everyone connected from wherever we go. well at at&t we'll help you find the right wireless plan for you. so, you can stay connected to all your drivers and stores on america's most reliable 5g network. that sounds just paw-fect....