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Jan 3, 2023
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tom keene, good morning, tom. tom: always good morning to you.what we do at the beginning of the year, we start strong with the top risk of eurasia group. our two optimistic this year on compared strength joining us with a brief surveillance this morning ian bremmer. bill dudley will join us on a divided america. right now, not a divided china. xi is at maximum power >> good to be with you, tom. it's always good to be kicking this off with you. there is no question that both for china as the second-largest largest economy in the world but also with xi jinping having so much power and using it in ways that are capricious and are not in any way to transparent. the global economy has never experienced anything like that, the level of uncertainty in the persona of one human being. we've seen it with the decision to do a complete 180 degree with the pandemic and zero covid we have seen it with a trillion dollars because is decided he was going to squeeze it. that level as china reopens their economy this year with no level of data we used to get 5, 10
tom keene, good morning, tom. tom: always good morning to you.what we do at the beginning of the year, we start strong with the top risk of eurasia group. our two optimistic this year on compared strength joining us with a brief surveillance this morning ian bremmer. bill dudley will join us on a divided america. right now, not a divided china. xi is at maximum power >> good to be with you, tom. it's always good to be kicking this off with you. there is no question that both for china as...
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Jan 20, 2023
01/23
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tom keene and jonathan ferro.ust over a year. golo is different than other programs i had been on because i was specifically looking for something that helped with insulin resistance. i had had conversations with my physician indicating that that was probably an issue that i was facing and making it more difficult for me to sustain weight loss. golo has been more sustainable. i can fit it into family life, i can make meals that the whole family will enjoy. it just works in everyday life as a mom. jonathan: equities up 0.1%. out of the nasdaq. positive right now by half of 1%. equities pushing higher. let the little something like this. your 10 year in the three 30's earlier this. up four basis points on a session. down and down hard from where we were in tober. look something like this on the euro-dollar. down 0.1%. course. tom: the spread has my attention. -73 basis points. the difference in yield of .75%. all of sudden on this friday can we consider a yield that will fall below 10%? jonathan: with the fed pushba
tom keene and jonathan ferro.ust over a year. golo is different than other programs i had been on because i was specifically looking for something that helped with insulin resistance. i had had conversations with my physician indicating that that was probably an issue that i was facing and making it more difficult for me to sustain weight loss. golo has been more sustainable. i can fit it into family life, i can make meals that the whole family will enjoy. it just works in everyday life as a...
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Jan 27, 2023
01/23
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tom keene in new york. jonathan ferro in london. i am lisa abramowitz. core pce, income and spending. tom: we have been a mess here. looking at the collapse of intel and such. we have a huge turning dump coming in at 8:30. at 10:00. jon ferro has been ahead of me on this. i am not a fan of confident statistics. i am posh about it. lisa: it is because they did not call you. tom: exactly. i am looking at michigan sentiment. michigan five and 10 year forward inflation expectations, that is big data this morning. lisa: we have been fed fee because we have been focused on earnings on tangible day today on companies that have been reporting. this conversation will shift. it is the quiet period ahead of next wednesday. tom: thank god for that. lisa: the conversation may shift if you get core pce that comes in above expectations. tom: to me, the mystery is economic growth. we will do that in a moment with andrew balls with john in london. central banks have a plan, will they be derailed by some form of lesser animal spirit, nominal gdp and some form of disinflat
tom keene in new york. jonathan ferro in london. i am lisa abramowitz. core pce, income and spending. tom: we have been a mess here. looking at the collapse of intel and such. we have a huge turning dump coming in at 8:30. at 10:00. jon ferro has been ahead of me on this. i am not a fan of confident statistics. i am posh about it. lisa: it is because they did not call you. tom: exactly. i am looking at michigan sentiment. michigan five and 10 year forward inflation expectations, that is big...
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Jan 6, 2023
01/23
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alongside tom keene and lisa abramowicz i am jonathan ferro. features are basically unchanged. >> s the number, and it's going to be interesting. there is a mystery to this. this was a mystery report. we don't know the end of december because as said, lots of labor statistics. a big tossup. >> eight consecutive months. >> yes. >> all the way back to spring. >> i have coverage on radio with paul sweeney and james glassman, without question, the most accurate labor calls. there was gloom about it that was wrong. the tech story is tangible but it is not a labor economy. >> labor market data this week has been tech from after tech from announcing what we have gotten used to over the last 12 months with his job comes -- which is job cuts. >> wire people not listening to the labor market data more, when fed officials are saying that is what matters to them? the charts i am watching say that fed fund rates and where the market is pricing in the terminal rate. as gotten to 5%. but it is nowhere near where all the fed officials are saying we are going t
alongside tom keene and lisa abramowicz i am jonathan ferro. features are basically unchanged. >> s the number, and it's going to be interesting. there is a mystery to this. this was a mystery report. we don't know the end of december because as said, lots of labor statistics. a big tossup. >> eight consecutive months. >> yes. >> all the way back to spring. >> i have coverage on radio with paul sweeney and james glassman, without question, the most accurate labor...
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Jan 27, 2023
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tom: thank you, misses keen -- mrs. keen, for watching this morning. she says, you more on, it is cr oisette, not croissant. she says my punishment is four days there in july the carlton. >> that will be all right. tom: thank you for that surveillance correction. i am learning every day. lisa: what is it again? go quick. tom: the town? genghis khan. only way i can remember. i will watch grace kelly movies this we can. thank you so much, anastasia amoroso. we have joked about it, but a lot of our guests, including anastasia, seriously on the road and have the pulse of what is out there. i was suggest, more optimistic than the gloom that has been painted over the last six weeks. these two i think everyone has been optimistic, the past three or four weeks of the optimism has been tangible. a lot of intuit's because circumstances have changed. the weather and with china reopening, it has changed. certain elements of the backdrop. tom: croisette, my word, i'm going down in flames. coming up, a timely interview. andrew balls of pimco, chief investment officer
tom: thank you, misses keen -- mrs. keen, for watching this morning. she says, you more on, it is cr oisette, not croissant. she says my punishment is four days there in july the carlton. >> that will be all right. tom: thank you for that surveillance correction. i am learning every day. lisa: what is it again? go quick. tom: the town? genghis khan. only way i can remember. i will watch grace kelly movies this we can. thank you so much, anastasia amoroso. we have joked about it, but a lot...
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Jan 23, 2023
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tom keene, jonathan ferro come lisa abramowicz. jon is in london. speaking at of next week's meeting. we are able to focus on the real stuff. tom: a lot of economic data here and i'm going to go with how i start of show this morning. we are going to get a first look at q4 gdp in 29 minutes and i'm sorry, it is recession gloom and we are popping on a 10 year basis, 20 year basis, normal gdp. i don't get it. lisa: people are saying things are going to turn the corner and you have this sort of belief that we are going to have a good first half and a bad second half. like the initial take was reversed within the first week. mike wilson continuing to say we are going to see something that really pushes back. tom: bank earnings show the idiosyncrasies of it. i can't pronounce it. i am barely awake here. morgan stanley, your interview with james gorman and goldman sachs, and a few others, maybe we get that through it all. the most important conversation of davos, you guys were brilliant with gorman on the national debate which is work from home. i thought
tom keene, jonathan ferro come lisa abramowicz. jon is in london. speaking at of next week's meeting. we are able to focus on the real stuff. tom: a lot of economic data here and i'm going to go with how i start of show this morning. we are going to get a first look at q4 gdp in 29 minutes and i'm sorry, it is recession gloom and we are popping on a 10 year basis, 20 year basis, normal gdp. i don't get it. lisa: people are saying things are going to turn the corner and you have this sort of...
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Jan 9, 2023
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. >> this is "bloomberg surveillance" with tom keene, jonathan ferro and lisa abramowicz. nathan: live from new york city this morning. i'm jonathan ferro. equity futures up .4%. tom: what are we coming up and as inflation reports is centered on it. we are talking about what happened over the weekend. i think they are talking about a good jobs report, blah blah blah and there was that ism report which really showed a slowing economy out there somewhere, boom, up went equities. jonathan: payrolls got all the credit for the move in friday's session. the ism that came up about 90 minutes after the payroll port -- report is what really drove the yield curve into america much lower. lisa: there was this feeling in the employment report that perhaps you have a goldilocks scenario or soft landing where wages are coming in even though there is a strong report. the ism seemed to give a double whammy punch saying you are going to have weakness. whether that is enough to stick through the cpi report on thursday and big earnings on friday this week, that varies. jonathan: chairman powe
. >> this is "bloomberg surveillance" with tom keene, jonathan ferro and lisa abramowicz. nathan: live from new york city this morning. i'm jonathan ferro. equity futures up .4%. tom: what are we coming up and as inflation reports is centered on it. we are talking about what happened over the weekend. i think they are talking about a good jobs report, blah blah blah and there was that ism report which really showed a slowing economy out there somewhere, boom, up went equities....
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Jan 13, 2023
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policy mistake. >> still working its way through the system. >> this is "bloomberg surveillance" with tom keene ferro, and lisa abramowicz. tom: we will commute on a bank friend c. we heard from early banks and now we hear from city groups. jp morgan a little off the mark. solid earnings and the view forward for frazier, jon will be a mystery. jonathan: we can start with investment banking revenue that comes in later $645 million the estimate 722.4 million. going through the earnings release 789 million, the estimate 930.6 million. 3.1 6 billion the estimate 2.8 one billion advisory revenue the estimate 340.8 million dollars. if you look at the shared dollars, down by 2%. wall street correspondent, your thoughts on these numbers? >> even though you had the fixed income trading we wanted to see it's a good news. you have to pay attention to one of them being the fourth quarter return on tangible common equity of less than 6%. compare that to the other banks, that was 20% over jp morgan comparatively that is less than 6% over and citigroup. the challenges still remain ahead when you look at citig
policy mistake. >> still working its way through the system. >> this is "bloomberg surveillance" with tom keene ferro, and lisa abramowicz. tom: we will commute on a bank friend c. we heard from early banks and now we hear from city groups. jp morgan a little off the mark. solid earnings and the view forward for frazier, jon will be a mystery. jonathan: we can start with investment banking revenue that comes in later $645 million the estimate 722.4 million. going through...
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Jan 11, 2023
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alongside tom keene, i am jonathan ferro.ation administration, a key pilot system disrupted air travel across the country this morning with united grounding flights to all destinations. the update this morning is on twitter. the faa is still working to fully restore the system. while some functions are beginning to come back online national airspace system operations remain limited. stocks of those airlines in the u.s. through this morning are softer but no real trauma. tom: the trauma is the uncertainty and i'm getting different numbers. i do not want to quote how many flights are delayed. it is down. that is a developing story. [laughter] if you are at the airport, you are miserable. maybe not like over the holiday season with southwest, to be fair, but it is serious and it has to do with the logistical structure of the integrity of the country. jonathan: to your point, you asked, how long is it going to go on for? no idea. tom: shall we stand in the water in the ocean? go to the airport. jonathan: like a storm report. tom:
alongside tom keene, i am jonathan ferro.ation administration, a key pilot system disrupted air travel across the country this morning with united grounding flights to all destinations. the update this morning is on twitter. the faa is still working to fully restore the system. while some functions are beginning to come back online national airspace system operations remain limited. stocks of those airlines in the u.s. through this morning are softer but no real trauma. tom: the trauma is the...
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Jan 3, 2023
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. >> that was kevin rudd, ian bremmer, speaking with tom keene. get you to vonnie quinn with the first word headlines. vonnie: a former new york fed president says an economic recession is on the cards. he sees a quote -- slow down as likely. he told us the writ -- recession won't be severe, and he doesn't see a big risk of financial instability. >> what's different this time is, if we have a recession, it's going to be a fed-induced recession. in the fed can -- and the fed can end the recession. vonnie: the white house says there's no reason for china to retaliate against the u.s. and other countries. the press secretary says the moves are justified on health grounds. beijing has said it will hit back at nations imposing new rules, dismissing the measures as political. a general manager of the philippines main airport says flight delays may continue on wednesday, as they reel from a technical glitch that stranded 65,000 passengers. operations of the airport are expected to fully normalized by thursday. the airlines expect to take weeks to clear t
. >> that was kevin rudd, ian bremmer, speaking with tom keene. get you to vonnie quinn with the first word headlines. vonnie: a former new york fed president says an economic recession is on the cards. he sees a quote -- slow down as likely. he told us the writ -- recession won't be severe, and he doesn't see a big risk of financial instability. >> what's different this time is, if we have a recession, it's going to be a fed-induced recession. in the fed can -- and the fed can end...
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Jan 5, 2023
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announcer: this is bloomberg surveillance with tom keene, jonathan ferro, and lisa abramowicz. everyone. on radio, television, into the jobs report of tomorrow in 30 minutes, 29 minutes. the claims report, a first look at the pulse of the labor economy here looking into 2023. i will look at wages tomorrow but we have claims today. jonathan: the official data says the labor market is type so job are -- tight so job markets are open. then you have the labs mounting from company to company. the quote of the last 24 hours, revenue accelerated to the pandemic, we are -- we hired too many people, effectively hearing the same thing from amazon and the question i thing many people are asking this morning looking at the name, is 18,000 going to get it done at amazon if they want to address the cost structure of the company? tom: 1.5 million jobs at amazon, bringing it down by eight that -- 18,000. are they feeling the same angst as salesforce? jonathan: and when does this add up as we see -- so we see it in the official data? tom: it lags. jonathan: you mentioned wages in and around 5%,
announcer: this is bloomberg surveillance with tom keene, jonathan ferro, and lisa abramowicz. everyone. on radio, television, into the jobs report of tomorrow in 30 minutes, 29 minutes. the claims report, a first look at the pulse of the labor economy here looking into 2023. i will look at wages tomorrow but we have claims today. jonathan: the official data says the labor market is type so job are -- tight so job markets are open. then you have the labs mounting from company to company. the...
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Jan 4, 2023
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announcer: this is "bloomberg surveillance" with jonathan ferro, tom keene and lisa abramowicz. from new york city this morning, good morning. for the audience worldwide on tv and radio, this is "bloomberg surveillance." breaking news, salesforce to cut 10% of jobs. tom: i think it has been signaled with the executive 5% pay minimum to people shown the door. there is a fuller rate -- flurry that people exiting big tech are finding new jobs. i do not know if that is true, but prime age workers are pretty much employed. it is the old people and the young people that have not come back to work. jonathan: the statement from leadership tells you the story pretty quickly. as revenue accelerated through the pandemic, we hired too many people. the leadership say they take full responsibility for that. lisa: and there were many industries that did build the workforce. it raises the question. how representative of the broader labor market is this? there is inherent tightness that is represented in the numbers. jonathan: let's talk tesla and apple. let's start with apple. bush, he is well
announcer: this is "bloomberg surveillance" with jonathan ferro, tom keene and lisa abramowicz. from new york city this morning, good morning. for the audience worldwide on tv and radio, this is "bloomberg surveillance." breaking news, salesforce to cut 10% of jobs. tom: i think it has been signaled with the executive 5% pay minimum to people shown the door. there is a fuller rate -- flurry that people exiting big tech are finding new jobs. i do not know if that is true,...
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Jan 25, 2023
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lisa: if you are a type professional and you have been laid off dial 1-800-tom keene. an stanley went down low. lisa: wells fargo done on 11%. big news and real questions that need explaining. tom: we are going to have some fun. we are all fixated on the anna and the rest of commodities. we can go 3, 2, 1, will kennedy does that. i thought this was one of the most important essays on hydrocarbon. it was a primal blast scream pay attention to refiners, why should we? >> refining margins look really tight at the moment. plus refining margins really spiked two unheard of proportions. on of the reasons gasoline and diesel prices once a high it wasn't all about supply. it's starting to come back the amount of money the refiners will make processing the oil and the 3, 2, 1 you mentioned you get through barrels of gasoline and that's bike at $60. it's not back to previous levels but it's still very high if you are looking at crude, it's a signal that gasoline, jet fuel, diesel, what you pay is going to start rising again. tom: a gallon of gas in the united states, five dollars
lisa: if you are a type professional and you have been laid off dial 1-800-tom keene. an stanley went down low. lisa: wells fargo done on 11%. big news and real questions that need explaining. tom: we are going to have some fun. we are all fixated on the anna and the rest of commodities. we can go 3, 2, 1, will kennedy does that. i thought this was one of the most important essays on hydrocarbon. it was a primal blast scream pay attention to refiners, why should we? >> refining margins...
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Jan 12, 2023
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jonathan: i'm laughing because tom keene is bringing out a box of corks. t me a box of corks. jonathan: that is brutal. you mentioned secretary yellen. we were talking about this yesterday. is it a big factor that we have this debt ceiling debate coming up later this year and he wanted someone almost a political writing treasury, someone more focused on the economic side of things and not interested in the politics in the way some people are? annmarie: secretary yellen does not like the politics. she is an academic. she was the fed chair. this is almost how she runs the treasury is how she was fed chair. she looks at the data. she is honest when she gives answers, which has gotten her into political trouble, but now it is going to be tough negotiations with congress to raise the debt ceiling, and this is something the ministration probably looks at her, who could be seen on both sides of the aisle, as an academic, someone taken seriously even if you do not agree with her politics sometimes or how she views the economy, they do have respect for her, so at th
jonathan: i'm laughing because tom keene is bringing out a box of corks. t me a box of corks. jonathan: that is brutal. you mentioned secretary yellen. we were talking about this yesterday. is it a big factor that we have this debt ceiling debate coming up later this year and he wanted someone almost a political writing treasury, someone more focused on the economic side of things and not interested in the politics in the way some people are? annmarie: secretary yellen does not like the...
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Jan 26, 2023
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jon ferro in london, tom keene in new york with myself, lisa abramowicz. the fourth-quarter gdp. tom: you mentioned earlier within your briefs that pce, we see that at 8:30 as well, i look at the eeco screen and count the lines. i'm sorry, it is a 15-line thursday. there is a lot of data. lisa: a lot of people are going to be looking at the gdp number. i'm looking also, though, at jobless claims. they are coming in lower than expected, this resilience. it might lead into this belief that we are going to see a complete rollover in inflation. tom: that's what it is, a belief in the way the price is moving. deborah cunningham was good on that. she is watching housing. we get new home sales, i think that is near the end of the fer ro soiree. do you realize i think he is doing that at 2:00 p.m. in london? jonathan: 3:00 p.m., i think. tom: i can keep track of the time. he is living large over there. the bottom line is, you can see a pandemic boom in 2020 on new home sales. it is -- then it is a crater. the now what is what liz and is looking at in real estate. l
jon ferro in london, tom keene in new york with myself, lisa abramowicz. the fourth-quarter gdp. tom: you mentioned earlier within your briefs that pce, we see that at 8:30 as well, i look at the eeco screen and count the lines. i'm sorry, it is a 15-line thursday. there is a lot of data. lisa: a lot of people are going to be looking at the gdp number. i'm looking also, though, at jobless claims. they are coming in lower than expected, this resilience. it might lead into this belief that we are...
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Jan 19, 2023
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rate. >> markets don't have to crash, don't have to search. >> this is bloomberg surveillance with tom keenem tom keene, thank you for joining us in new york, on television and on radio. the rally of 2023, it is over. futures at -34. jonathan: biggest one-day loss of the year so far going back to december of leicester on the s&p. bad news, bad news industrial production, retail sales and bad news makes good news for treasuries. tom, all jobless claims this morning the number we are looking for is 214 it doesn't scream recession. tom: and mr. harker who talked yesterday i'm sorry the philadelphia fed business outlook statistic but after the empire disaster of buffalo new york, i have to be looking at mr. harker's landing to see what the spirit is. jonathan: i think if you are in risk management mode you move away from 50 and that's quickly become the consensus. has the destination changed for them? i hear 25 but also still here five on fed funds and ultimately the data will dictate whether they get there or not. i think they are throwing the towel in the commitment. tom: how not to get to 25
rate. >> markets don't have to crash, don't have to search. >> this is bloomberg surveillance with tom keenem tom keene, thank you for joining us in new york, on television and on radio. the rally of 2023, it is over. futures at -34. jonathan: biggest one-day loss of the year so far going back to december of leicester on the s&p. bad news, bad news industrial production, retail sales and bad news makes good news for treasuries. tom, all jobless claims this morning the number we...
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Jan 9, 2023
01/23
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i was listening to tom keene and n -- nomura, they are in the camp that a less aggressive slowdown willmbolden the dollar. the warns that price pressures in the euro area remain elevated. do i need to recalibrate what the ecb will do this year in terms of rate hikes, or is it a softer landing in europe that drives the euro? esther: it will be this softer landing in euro, in europe, that will strengthen the euro. but only against the background that the ecb will not get deficit too soon. -- dovish to soon. they will keep rates at a high level, and this will support the currency, but only thanks to -- for the ecb, we do not consider them to get back so easily as the fed. only for the reason that the fed w -- ecb was not as aggressive as the fed. the ecb seems to have a more clever strategy going more cautious. dani: what would be the ceiling if we see some of that dollar strength come through? esther: we have a target of 1.10 later this year but we have to stress that there are significant risks. in particular, this divergent proofing fed and market view that could bring euro-dollar down
i was listening to tom keene and n -- nomura, they are in the camp that a less aggressive slowdown willmbolden the dollar. the warns that price pressures in the euro area remain elevated. do i need to recalibrate what the ecb will do this year in terms of rate hikes, or is it a softer landing in europe that drives the euro? esther: it will be this softer landing in euro, in europe, that will strengthen the euro. but only against the background that the ecb will not get deficit too soon. --...
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Jan 6, 2023
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. >> this is bloomberg surveillance with tom keene, jonathan ferro, and lisa abramowicz. tom: it's difficult, we will have difficulty for you in 29 minutes. the minimum, it's complex. jonathan: just pick sites. tom: 200 two 202. jonathan: the labor market this week has been resilient. if the adp is worth anything to you we have a surprise from that. jobless claims really low you can throw on top of that what we have seen with job openings. 1.7 openings for every single unemployed american. the official data is screaming things are ok. then you have a load of other people that think this is as good as it gets. tom: it's a game we have right now. neil comes out and says real income look pretty good and they do because inflation, particularly in important sectors like utilities is coming in a bit i want to know what secretary process to say this morning. jonathan: they hope neil does this right and the pessimists are wrong. tom: because it really feels yielded is right. -- neil does is right. john come as her to make it right. tom: -.19 tells me chairman powell once a gloomy
. >> this is bloomberg surveillance with tom keene, jonathan ferro, and lisa abramowicz. tom: it's difficult, we will have difficulty for you in 29 minutes. the minimum, it's complex. jonathan: just pick sites. tom: 200 two 202. jonathan: the labor market this week has been resilient. if the adp is worth anything to you we have a surprise from that. jobless claims really low you can throw on top of that what we have seen with job openings. 1.7 openings for every single unemployed...
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Jan 30, 2023
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jonathan: a massive day ahead, so tom keene took the day off.han ferro counting you down to a massive week ahead with the federal reserve on wednesday, payrolls friday come in earnings in between. equity futures down 1%. we have the big debate on wall street. mike wilson on morgan stanley, and the other side max kettner of hsbc saying you should chase this. steve chevron saying he was jumping on board with the rally this year. lisa: the biggest bearers are actually going in on this rally because they do not see a reason for it to stop. you have steven major on one side saying we might be close to the penultimate rate hike which could signal a sustained bond rally and then you have hedge funds boosting their short positions on treasuries to a record. this question around the push/pull of whether the fed can push back against a market that seems to be moving in the direction they want. tom: the 10% -- jonathan: a 10% or 11% rally on the nasdaq will change things and that is what has happened. lisa: the bulls intact say the job cuts are necessary.
jonathan: a massive day ahead, so tom keene took the day off.han ferro counting you down to a massive week ahead with the federal reserve on wednesday, payrolls friday come in earnings in between. equity futures down 1%. we have the big debate on wall street. mike wilson on morgan stanley, and the other side max kettner of hsbc saying you should chase this. steve chevron saying he was jumping on board with the rally this year. lisa: the biggest bearers are actually going in on this rally...
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Jan 6, 2023
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. >> this is bloomberg surveillance with tom keene, jonathan ferro and lisa abramowicz. >> new rule. in the new year, payroll should come out on the second friday of the month. it doesn't feel right. >> you want to be depressed? someone on twitter goes with more talk of debt default then several hours of silver place. >> you and i do not exist. we will catch up in 20 minutes. we will run through the default. life, good morning. it is payroll friday with something like 202,000. that is a median estimate in the survey here at bloomberg. the firm looks for 250,000 in the month. >> will do this differently. three this right is here with a fixed income angle, and we will look at the wage dynamics. it is a wage number that we will see at 8:30 a.m.. >> a consensus in the job market, that has been the place to be over the last eight or nine months. >> here is the issue. what do you do with a payroll report? what do you do with the blockbuster number? you buy stock or sell bonds? how do you respond at a time when the fed will look at this is a green light to go hard against inflation and crea
. >> this is bloomberg surveillance with tom keene, jonathan ferro and lisa abramowicz. >> new rule. in the new year, payroll should come out on the second friday of the month. it doesn't feel right. >> you want to be depressed? someone on twitter goes with more talk of debt default then several hours of silver place. >> you and i do not exist. we will catch up in 20 minutes. we will run through the default. life, good morning. it is payroll friday with something like...
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Jan 18, 2023
01/23
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BLOOMBERG
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alongside tom keene, i'm jonathan ferro. equities up around .1%. what is that banking about? -- banking about? tom: the bank of japan. let's start with retail sales. it is retail sales wednesday. mckee will be by to address that up. that is 70% of the american company. jonathan: united airlines beating arrays after the close yesterday afternoon. united airlines today -- and i want to be very specific, year-to-date since the start of 2020 32 weeks ago, the stock is up 35.8%. tom: they have heritage here, and then meet -- and maybe that has to do with the news from davos. dovetailing into what to expect from retail sales is the chinese driving the message. tom hancock last night around 9:00 p.m., writing up the message from xi and his associates, china is open for business. jonathan: we have this debate over recession and recovery, but let's talk about the context, which is a central bank decision from the boj. unchanged. one more meeting to go for governor kuroda. tom: tonight at around 7:00 p.m. we will get inflation data for japan. it looks like it could be about 4% top one -
alongside tom keene, i'm jonathan ferro. equities up around .1%. what is that banking about? -- banking about? tom: the bank of japan. let's start with retail sales. it is retail sales wednesday. mckee will be by to address that up. that is 70% of the american company. jonathan: united airlines beating arrays after the close yesterday afternoon. united airlines today -- and i want to be very specific, year-to-date since the start of 2020 32 weeks ago, the stock is up 35.8%. tom: they have...
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Jan 17, 2023
01/23
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. >> this is "bloomberg surveillance" with tom keene, jonathan ferro, and lisa abramowicz. you to our studios. lisa will be there so look for that here. as you mentioned earlier the shock of nine days better than good then the gloom crowd of december 29. jonathan: what a difference. up 10% today. up about 8% year to date before today mention a couple of single names. tom: jonathan: yeah. jonathan:copper prices, take your pick. high yields, united states. tom: i like how you run copper this is about reopening and i would suggest that china reopening is not a score they people that predicted that or a call. -- goal. i would say it's about shock the total unpredictable shock. jonathan: when we go to china, it will be a lot more tolerant. it wouldn't have mattered with the data was overnight. it was better than estimated. whatever they want to tell you about china. people appreciate the idea and things are better now than they were a few months ago and the fact that you can see not just out of china but also europe goldman coming out last week and saying europe can escape reces
. >> this is "bloomberg surveillance" with tom keene, jonathan ferro, and lisa abramowicz. you to our studios. lisa will be there so look for that here. as you mentioned earlier the shock of nine days better than good then the gloom crowd of december 29. jonathan: what a difference. up 10% today. up about 8% year to date before today mention a couple of single names. tom: jonathan: yeah. jonathan:copper prices, take your pick. high yields, united states. tom: i like how you run...
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Jan 24, 2023
01/23
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BLOOMBERG
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lisa: this is the technical go and th analysis -- the technical analysis of tom keene. manuel walked in and i have a question about china reopening. there is a lot of pushback about how much demand could come back online to offset some of the pressure. tom: the bull case for china is scale. i will never get this -- one of my offspring said dad, you don't understand -- there are 14 pittsburgh's in china. that's the most intelligent thing ever heard about china. lisa: i'm learning a lot about your family, the tears of children and cash flow. it's a good point. tom: the answer is we don't understand the size of china. lisa: which is the reason why the demand picture could be constructed for the world economy. tom: the vix is coming from a 22 level. we will talk to julian emanuel about that in a moment futures up -10. . lisa will give you the economic data. oil is simply resilient in a china scale kind of way, 88.37. lisa: when does that become an issue in terms of demand destruction? we are not there yet. 945 a.m., we get a read on the pmi u.s. manufacturing and u.s. servic
lisa: this is the technical go and th analysis -- the technical analysis of tom keene. manuel walked in and i have a question about china reopening. there is a lot of pushback about how much demand could come back online to offset some of the pressure. tom: the bull case for china is scale. i will never get this -- one of my offspring said dad, you don't understand -- there are 14 pittsburgh's in china. that's the most intelligent thing ever heard about china. lisa: i'm learning a lot about...
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Jan 11, 2023
01/23
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but it was very telling, tom, because she certainly wasn't keen on that marriage going ahead she she the book my book shot when it came philip's funeral, she said a very kia thank goodness meghan's not coming. but you know what really bizarre as well as he's obsessed about his beard. but his wedding. i mean , beard. but his wedding. i mean, the queen would give permission for him to eat his beard. i mean, this is a man who seriously ill on his in confession and what is awful is that the hollywood and new york publishers and the ghost have exploited this man's weakness and have encouraged him to do exactly what is criticising above about you. about me , other above about you. about me, other journalists. i invading people's privacy and really what so is that he did all this in the queen's life. he did all during philip's life this is all part therapy and his term is to destroy others , to save himself. destroy others, to save himself. but of course it won't save him . and what's a double doubly show? there's lovely pictures , show? there's lovely pictures, the wedding day, you know, b
but it was very telling, tom, because she certainly wasn't keen on that marriage going ahead she she the book my book shot when it came philip's funeral, she said a very kia thank goodness meghan's not coming. but you know what really bizarre as well as he's obsessed about his beard. but his wedding. i mean , beard. but his wedding. i mean, the queen would give permission for him to eat his beard. i mean, this is a man who seriously ill on his in confession and what is awful is that the...
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Jan 10, 2023
01/23
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GBN
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but it was very telling, tom, because she certainly wasn't keen on that marriage going ahead she shese in, the book my book shot when it came philip's funeral, she said a very kia thank goodness meghan's not coming. but you know what really bizarre as well as he's obsessed about his beard. but his wedding. i mean , beard. but his wedding. i mean, the queen would give permission for him to eat his beard. i mean, this is a man who seriously ill on his in confession and what is awful is that the hollywood and new york publishers and the ghost have exploited this man's weakness and have encouraged him to do exactly what is criticising above about you. about me , other above about you. about me, other journalists. i invading people's privacy and really what so is that he did all this in the queen's life. he did all during philip's life this is all part therapy and his term is to destroy others , to save himself. destroy others, to save himself. but of course it won't save him . and what's a double doubly show? there's lovely pictures , show? there's lovely pictures, the wedding day, you k
but it was very telling, tom, because she certainly wasn't keen on that marriage going ahead she shese in, the book my book shot when it came philip's funeral, she said a very kia thank goodness meghan's not coming. but you know what really bizarre as well as he's obsessed about his beard. but his wedding. i mean , beard. but his wedding. i mean, the queen would give permission for him to eat his beard. i mean, this is a man who seriously ill on his in confession and what is awful is that the...
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tom shoe has become 2nd in command. what do we know about you just briefly if you can, and why is he being drafted in you right? clearly in the past test lab was very keen to, to always, to always foster the nature of feeling mask the one men rules. it all, but we should not forget. the tesla is now a company with a rough around $100000.00 talents. yes. so clearly needs a functioning, a functioning organization in order to, to run this company profitable and successfully. so talk to if he's with tesla, since 2014, right? so he started and he was tasked as, as, as a person to build up the supercharger network in china and very soon became general manager. and then the last year he's been more widely known as that as the manager who, who kept dec effects to re shanghai open your it cove it right. so he sees a real and accomplish manager and tom to many people think, oh, is this a chinese not running tesla? now, on to hasn't bear international background, he's chinese born and he holds a new sealant passport. and he also did his and be at the renown university in the u. s. so in his previous jobs, he worked across the globe even in africa. so i do think th
tom shoe has become 2nd in command. what do we know about you just briefly if you can, and why is he being drafted in you right? clearly in the past test lab was very keen to, to always, to always foster the nature of feeling mask the one men rules. it all, but we should not forget. the tesla is now a company with a rough around $100000.00 talents. yes. so clearly needs a functioning, a functioning organization in order to, to run this company profitable and successfully. so talk to if he's...
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Jan 25, 2023
01/23
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tom: we also have st micro -- reporting later this week. what will they be focused on? april: investors will be keenwhether they are able to meet net revenue guidance of $4.4 billion for the first three months through december. it will also be interesting to see whether the company is seeing any pressure from interest rates on a higher duration sectors and whether exposure to a weakened consumer environment could impact the company's results. however, it does have a strong backlog so it could still report moderate growth on thursday. manus: april, thank you very much, from amsterdam. we've seen the currency ratcheting higher and the bond market with the aussie dollar up by .10%. aussie inflation running at a 32 year high. anyone who thought it was one breath away from death was sadly mistaken. tom: i'm so glad you got that in at the end. the australian treasurer saying he thinks inflation has been targeting up. stay with us, this is bloomberg. ♪ hi, i'm jason and i've lost 202 pounds on golo. so the first time i ever seen a golo advertisement, i said, "yeah, whatever. there's no way this works like
tom: we also have st micro -- reporting later this week. what will they be focused on? april: investors will be keenwhether they are able to meet net revenue guidance of $4.4 billion for the first three months through december. it will also be interesting to see whether the company is seeing any pressure from interest rates on a higher duration sectors and whether exposure to a weakened consumer environment could impact the company's results. however, it does have a strong backlog so it could...
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Jan 28, 2023
01/23
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KRON
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tom kean says we must remember the millions of prisoners who never made it out. we have to make sure that the children. >> our nation are being taught about the darkest times in our history, keen and a bipartisan group of lawmakers introduced the holocaust education and antisemitism lessons or he'll act. >> the bill would require the department of education and the u.s. holocaust memorial museum to evaluate what's taught about that history in public elementary and secondary schools. basically it's an audit to understand what's going on so that we can address the issue. new jersey democrat josh gottheimer says the study would identify states and local educational agencies that don't require holocaust education and the quality of the education in those that do for the we as a congress can come back. look at that information and try to make some decisions of how we can help ensure that across the country, our children learn this is critical legislation. florida democrat debbie wasserman schultz says only a handful of survivors are still alive. she says the federal government has an obligation to ensure that future generations never forget to grow up, understanding that never agai
tom kean says we must remember the millions of prisoners who never made it out. we have to make sure that the children. >> our nation are being taught about the darkest times in our history, keen and a bipartisan group of lawmakers introduced the holocaust education and antisemitism lessons or he'll act. >> the bill would require the department of education and the u.s. holocaust memorial museum to evaluate what's taught about that history in public elementary and secondary schools....
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Jan 19, 2023
01/23
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BLOOMBERG
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investors are keen to lock in high yields while they can and perhaps the best place to hide out if we do see a global economic downturn is in these bonds. tomelds. the look pretty attractive. take us through, talk us through where the issuances coming from. >> in europe, financials have had a hefty amount of issuance. the region saw its biggest week ever, up 40% from last year. asia, there is a decent amount of dollar bond activity. people are willing to invest in asia. em solvers, issuing in euro and dollar-denominated debt. so far, the issuance from em equals 40% of the entire sales from all of last year. as you mentioned, it is only been 2.5 weeks in january. tom: em really taking advantage. >> let me rattle off, saudi arabia, the biggest emerging market sovereign debt deal in almost three years, hong kong, hungary, israel, mexico, turkey, mongolia, and a few others in the pipeline. em is having a blast. tom: any sector not looking so strong? >> the one sector lagging is high-yield corporate's. they really took advantage of the low yield era to extend the maturity of their debt profile, so they don't necessarily need to come to market at
investors are keen to lock in high yields while they can and perhaps the best place to hide out if we do see a global economic downturn is in these bonds. tomelds. the look pretty attractive. take us through, talk us through where the issuances coming from. >> in europe, financials have had a hefty amount of issuance. the region saw its biggest week ever, up 40% from last year. asia, there is a decent amount of dollar bond activity. people are willing to invest in asia. em solvers,...
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Jan 13, 2023
01/23
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BBCNEWS
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keen to drive forward. the innovation and resilience in our sector is strong but we need help from government to allow us to be able to trade and encourage economic growth across the uk. tommarie presley, the only child of elvis presley, who's died at the age of 54. she was taken to hospital in los angeles after reportedly suffering a heart attack. colin paterson looks back at her life. there is some flash photography in colin's report. lisa marie presley on the red carpet at the golden globes on tuesday evening, two days before she died. that night, austin butler won a best actor globe for playing her father elvis in baz luhrmann's biopic. the film deals with the tragic end to elvis�*s life. now, there is yet another terrible chapter to the family saga. on thursday, lisa marie presley was found unresponsive at her home in calabasas, california, and rushed to hospital. the us media say that she had had a cardiac arrest. this comes just three years after her son ben keough took his own life after having spoken about the pressures of being a presley. she was elvis presley's only child, born exactly nine months to the day after his wedding to priscilla. lisa marie was nine w
keen to drive forward. the innovation and resilience in our sector is strong but we need help from government to allow us to be able to trade and encourage economic growth across the uk. tommarie presley, the only child of elvis presley, who's died at the age of 54. she was taken to hospital in los angeles after reportedly suffering a heart attack. colin paterson looks back at her life. there is some flash photography in colin's report. lisa marie presley on the red carpet at the golden globes...
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Jan 27, 2023
01/23
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KRON
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tom kean says we must remember the millions of prisoners who never made it out. we have to make sure that the children, our nation >> are being taught about the darkest times in our history, keenipartisan group of lawmakers introduced the holocaust education and antisemitism lessons or he'll act. >> the bill would require the department of education and the u.s. holocaust memorial museum to evaluate what's taught about that history in public elementary and secondary schools. basically it's an audit to understand what's going on so that we can address the issue. new jersey democrat josh gottheimer says the study would identify states and local educational agencies that don't require holocaust education and the quality of the education in those that do for the we as a congress can come back. look at that information and try to make some decisions of how we can help ensure that across the country, our children learn this is critical legislation. florida democrat debbie wasserman schultz says only a handful of survivors are still alive. she says the federal government has an obligation to ensure that future generations never forget to grow up, understanding that never again is abs
tom kean says we must remember the millions of prisoners who never made it out. we have to make sure that the children, our nation >> are being taught about the darkest times in our history, keenipartisan group of lawmakers introduced the holocaust education and antisemitism lessons or he'll act. >> the bill would require the department of education and the u.s. holocaust memorial museum to evaluate what's taught about that history in public elementary and secondary schools....