widening credit spreads, increased volatility. the market being set up for disappointment from the fed would certainly lead to these problems being exacerbated and probably more pronounced selloff of risk assets than we have seen so far. lisa: how many rate hikes do you think there should be heading into the end of next year, given the data we are seeing? >> zero rate hikes. lisa: is that the issue -- we should have no rate cuts whatsoever? >> i will frame it in this way. the market is dramatically underpricing the probability that the funds will fall to zero. we are talking about 125. the real conversation is, is there enough risk on the table at the moment to warrant the fed cutting 200 basis points, taking it to zero? not because a recession is imminent, but because we need that much insurance to make sure inflation expectations are stabilized and the economy continues on an even keel. lisa: meanwhile, the question is how low can you go? i say rate hikes because i was so used to saying that for so many years, that seems like th

looking for areas where the spread widens the most.here are some pockets where you andlooking at a few bonds the window of opportunity opened but we don't think it is a wholesale opportunity to jump in at the moment. >> blackrock seems to have a similar feel saying this is a buying opportunity but perhaps selectively. the managing director saying " after the recent selloff global high yield spreads are relatively more dislocated, offering a tactical opportunity to earn a pickup in spread." kevin, do you agree? is this when you see people come in and parse out what they like? >> on the surface this is what we have been waiting for. widening that was significant enough for investors to come back into the marketplace. $2y struggled to sell billion in debt in high-yield. was $36 billion of ig debt sold with great demand. the market is still stable. we do not have a credit issue but high-yield may be out of favor. it may be the opportunity to buy what we have been waiting for. lisa: is there a severe dissonance with the idea that treasury y

widening since 2011. that conversation coming up next. "bloomberg: real yield." lisa: this is "bloomberg: real yield." i want to head to the auction block. the treasury sold $27 billion in 10-year gilts -- notes. demand fell relative to the last option of securities with the same maturity with the weakest ratio since may. occidental raising $13 billion, the biggest demand for a debt deal since aramco. the deal climbed $75 billion allowing underwriters [inaudible] and recent volatility claiming a victim from the high-yield market. planning to raise $500 million of bonds but it announced it was pulling out with plans to return when conditions improve later in the quarter. if they improve, staying with with money delivering the biggest blowout since 2011, weighing in. mineur outlook as -- is as is that when things stabilize in the back half of the year looks much better, that widening would be the opportunity that a lot of people were waiting for since the rally began early part of the year. lisa: i want to start with you, are you seeing the recent selloff we have s

junk spreads widening the most since 2011. that conversation is coming up next. this is bloomberg "real yield." ♪ lisa: i'm lisa abramowicz. this is bloomberg "real yield." i want to head to the auction block. let's begin in the united states where the treasury sold $27 billion of the 10-year yield at 1.67%. demand fell relative to the lax auction with the weakest bid to cover ratio since may. incorporates, occidental raising $13 billion. orders for the deal climbs above $75 billion, allowing underwriters to lower the yield of the underwriting from the initial guidance. recent volatility from intensifying trade concerns cleaning a victim in the high-yield market. it announced it was pulling out with plans to return when conditions improve later in the quarter. staying with high-yield where u.s. credit spreads widened throughout the week with money delivering the biggest blowout since 2011. if your outlook is as mine is at the moment, that things stabilize and backup of the year looks better, economic standpoint, that widening is the opportunity that a lot of peop

look at this, the widening gap is once again widening. another thing to look at, if you are looking for potential harbingers of recession here. amber: that is certainly not something that president donald trump wants to see but it is obviously concerning. this morning, tweeting about the currency, saying the euro is dropping against the dollar like crazy, giving them a big advantage, and the fed does nothing. the dollar is now the strongest in history. sounds good, doesn't it? except for those manufacturers that make products for sale outside the u.s. even though we have seen the euro pullback, it arguably has not benefited an economy like germany, obviously very manufacturing-led. industrial production is at the lowest level since 2017, so not getting a lift from the euro, largely because of the weakness in demand from one of their key end markets in china, which has slowed down as a result of this tariff war. of course, questions about germany itself tipping into recession. let's dive deeper into recession risks. our next guest has held

lot of great games, let's widen up a little bit. not looking for a big backup in spreads, but that is starting to occur. the volatility has been too insane, so we are not done seeing people take off risk because they cannot stomach the volatility. tom: why don't we start with the former chairman of the federal reserve system, alan greenspan has been a huge supporter of my work on economics and fixed income. i thought chairman greenspan was really sharp this week. international arbitrage going on in the bond market that is helping to drive long-term treasury yields lower. there is no barrier for treasury yields going below zero. zero has no meaning besides being a certain level. margaret patel, we saw jpmorgan stop the fixed income market, not with a forecast, but with the idea of thinking through how we get to ever low yields. can you frame the possibility of high-yield moving from x percent, down under 4%? margaret: i think they will follow treasury yields down. the path of treasuries are down, that is pretty much in stone. with th

first question, a bit of spread widening in high-yield at the back end of the week.u buy high-yield on that widening, or do you continue to de-risk, continue to sell it? oksana: i think i continue to be patient. there will be better entry points. volatility is still with us. priya: de-risk. robert: buy. jonathan: treasury rally. lock in the profit or cling onto that coupon? priya: cling on, buy more. robert: hang on. oksana: lock in your profits. jonathan: september expectations, 50 basis points, 25, nothing? robert: 25. oksana: 25. priya: 25. jonathan: guys, great to catch up with you, oksana aronov, priya misra, and robert tipp. from new york city, that does it for us. we will see you next friday at 1:00 p.m. new york time and 6:00 p.m. in london. this was "real yield." this is bloomberg tv. ♪ ♪ scarlet: i am scarlet fu. this is "bloomberg etf iq" where we focus on the access, risks and rewards offered by exchange traded funds. ♪ scarlet: getting crowded. toke is the latest entrant to join the latest marijuana themed etf's. we talk about why it is early days for ca

is very think it important in the sense that if you are running a current deficit and it is widening, would need capital inflows to fill the gap. if the current environment persists, having a deficit would make it difficult for indonesia to attract more inflows if they were cutting rates on the interest rate differential at that point. i think one thing that would drive them to see a justification for meaningful rate cut would be the deficit coming down. we've seen the q2 number widening and i would expect only a gradual narrowing and becomes much more meaningful in q4. that's why i'm basing my next rate cut in q4. there are things in play including the backstop. yvonne: we just learned about the budget 2020 last week with a smaller deficit. itit desirable, and is actually achievable? euben: i'm actually forecasting a wider deficit, not just next year but actually even this year. the argument there is revenues have been undershooting a little bit what is being budgeted. that in itself would require a higher deficit. thehe other hand, they have objective of trying to support the econom

it appears to be widening, that doesn't mean it is going to widen. from widen investigations. patrick tells me he did not receive a wells note about the files or something. so if you believe him, they're not about to file a case. so just those are the existential threats to your stock, not this. ashley: good point to make though. good stuff, charlie. >> it's interesting. ashley: we'll get together over some friedman later on, if you don't mind. >>> the closing ebell rings in about nine minutes, how could umbrella ares on a sunny day and sunglasses in the rain help your portfolio? opposites attract and could lead to big profits. that's next on "the claman countdown." ♪ ♪ can i get some help. watch his head. ♪ i'm so happy. ♪ whatever they went through, they went through together. welcome guys. w. . ashley: welcome back, everybody. lori laughlin and her husband exiting a federal courthouse in boston. this has to do with the bribery scandal getting their kids into school. we're continuing to follow that story. >>> meanwhile, closing bell five minutes fr

interest rates are spot gapping and the spread is widening and what i call a just right apartheid if you're in the wrong side of the friends of jeffrey abstain you end up in a band to stand of extortion ery credit card rights if you're a friend of jeffrey abstain then you get the insider rate of negative and you get paid to lend money or to borrow money excuse me from from the bank. cash cow and is drawing alfonzo along be darned there's changing page he's dard. his 1st words were i will see you're a child of the post you go to used to live. i have no doubt that what happened was scriven. let's concentrate market is a $1000000000.00 industry these companies how does huge financial motivation to solve these. probably there are numerous stocks showing that doctors were keen to chest x. ray concentrate straight insights of its own that patients won't give them doctors the wrong still quite long term system why they were keeping them secure those years. and people still die and i'm always question michelle being allowed to live where so many have. i didn't really expect to know much of t

has widened 60%, as much as august 5, whereas u.s.tocks have sold off 75% of the move they had on august 5, which was the worst day of the are so far. interesting to see that credit still holds up better than stocks relatively speaking. the president promised retaliation today, so if you are a traitor, you will want -- not want to go home long if you make that announcement around 4:00. how about the 10 year? 1.5115 now. luke: that is the story that megan greene was talking about. people are worried about the long end. people are not just worried about the inversion of the curve, they are worried about the levels of the 10. it suggest not only are we worried about the cyclical slump, but also the secular slow down. to your point, could be a longer later traffic jam on the way to the hamptons tonight. vonnie'sin terms of point, we may not have an answer by 4:00, but what do you think about some thinking this is overdone? job: we had done a good being bounded in u.s. futures by the 50 and 200-day, so we are still pretty far out from the

we saw the spread between the five-year and 30 year widening to 59 basis points.ments drove the 30 year bond yield up to 1.97%. that is reversing some that had driven it to a record low of 19% earlier in the day. this is after two weeks ago we heard the treasury department -- that they were issuing thinking about issuing 50 and 100 year bonds. locking in historically low rates for a long. of time. watching stocks in australia, virgin australia was cut to underperform at credit suisse. it was trading down 6%. that's after announcing 650 job cuts in a wide-ranging review after reporting the seventh consecutive annual loss. another was upgraded to overweight. another was upgraded to do troll at credit suisse. earningsat is on tap wise in asia, a whole slew of earnings in terms of banks and energy. a lot to watch later in the hour. earnings mentioned, rolling on for china's big banks as well. numbers for china construction bank were a miss. the second-biggest lender by assets posted a net income of $21.5 billion read while 300 --lion -- 300 million before below foreca

gapping the spread is widening into what i call the interest rate apartheid if you're in the wrong side of the premise of geoffrey epstein you. of. credit card rights if you're a friend of jeffrey then you get the insider rate of negative and you get paid to lend money to borrow money excuse me from the bank. so what we've got to do is identify the threats that we have it's crazy. let it be an arms race. theory dramatic development only really. will be very. time to sit down and talk. we can see which it's perhaps most clearly documented 10th of september 1976 so very soon up to you would have been still saying it should. and we can see the words have to screen. the existence of a risk of habits like to something you or your parents were aware. we cash cow and that is dari alfonzo mongery has died. he's died in. there he's died on lost one of the page service cherish unpaid change dard. at 11 years of age richard went to trial lawyers college a special boarding school for children with disabilities. there's an n.h.s. health center on the campus students could receive the medical care th

but what we're doing here is widening it.are more programs, for example, housing vouchers that will play into and factor into whether an immigrant is going to be relying on government assistance. >> public charge has existed. now they're widening number one. number two, it's always the case, it's the emphasis. what does any given administration at any given time want to emphasize. which rules do they want to enforce. >> basically what this does, it changes -- could change the face of legal immigration in this country where it would put the emphasis on people who are able to be in this country who would be wealthier, who would be better educated, who would stand a better chance of having a job that could -- where they could provide all services for themselves or their family. what you hear from immigration advocates is that really goes against the foundation of this country, which is to be a place where people can come and seek -- legally to seek, to move here to immigrate here if they are coming from a place where they didn't

a bit of spread widening in the high the back end of the week.you buy high-yield on that widening, or do you continue to sell it? oksana: continue to be patient. there will be better entry points. volatility is still with us. priya: the risk. robert: buy. jonathan: lock in the profit or cling onto that coupon? priya: klingon, by more. robert: hang on. oksana: lock in your profits. september expectations, 50, 25, nothing? robert: 25. oksana: 25. priya: 25. jonathan: from new york city, that does it for us. see you on friday, 1:00 p.m. this is bloomberg tv. ♪ mark: i'm mark crumpton with bloomberg first word news. president trump has signed a bipartisan bill to suspend the debt to report two years and allows the u.s. government to spend more on defense and domestic programs. the measure received final approval when it was passed by the senate on thursday. the measure suspend the debt limit through july 31, 2021, eliminating the risk of a default until then. it also sets budget caps for two years that will permit $324 billion in additional domestic

and china since the beginning of this trade war, it has actually widened.he real effect on the balance of payment between the two countries has been negative. manus: a lot of people say hunker down for a much longer time. that's a quick, snappy resolution is most unlikely. with that in mind, we saw some adjustment in the lending rates at the beginning of the week. what else is been penciled in from the pboc? >> the central bank and china is increasen trying to its mission of the monetary system and the economy. that is the focus of the central bank. that is where we move going forward. and a decision like the last one they made last week is concentrated on this. trying to transfer the decision of the monetary policy to their own economy. manus: let's see what they do next. certainlyis shifting. this is a critically important point. what happens with the dollar? we go in slightly tense, slightly nervous. nejra: lowest since 2008. manus: we have a conversation to be had there. a rival takeover offer. now it is time for shareholders to make the decision. we ha

and then narrows you would see it widen if there was a reason why you might think that the income growthuldn't keep pace with walmart, but that isn't the case walmart has been making a move to food sales, i think target's trying to follow suit. seems like they're navigating the retail wreckage pretty well. we're going to take a look at october and how the stock has behaved in comparable ranges we can see we are back down here around the 70 level. and right up here, you know, maybe just shy of 90 so the trade i was looking at was the october 85-92.5 call spread this was pretty much close to at the money. this spread would cost about $2.50. that represents a third of the distance between the strikes that's a little bit more than we typically would look to spend on vertical spreads, but i think it's justified in a market like this one this stock has actually moved fairly considerably on its own earnings a well. this is a way we can get upside exposure the stock is trading around $85. that's a relatively small percentage between now and october expiration you got a question for them? >> mike

do you buy high-yield on that widening, or do you continue to sell it?ontinue to be patient. there will be better entry points. volatility is still with us. priya: de-risk. robert: buy. jonathan: treasury rally. lock in the profit or cling onto that coupon? priya: cling on, buy more. robert: hang on. oksana: lock in your profits. jonathan: september expectations, 50 basis points, 25, nothing? robert: 25. oksana: 25. priya: 25. jonathan: great to catch up with you. from new york city, that does it for us. we will see you next friday at 1:00 p.m. new york time and 6:00 p.m. in london. this was "real yield." ♪ yousef: you are watching the "best of bloomberg daybreak: middle east." the second corner profit plunges to the lowest level since 2009 for the middle east largest company. waning demand for chemicals and plastics. mike pompeo says he's willing to visit iran. iran slams what they call u.s. economic terrorism. and, a record $315 million fine for misappropriating funds.

gapping and the spread is widening into what i call the interest rate apartheid if you're in the wrong side of the friends of jeffrey epstein and bantustan of extortion nary credit card rights if you're a friend of. then you get the insider rate of negative and you get paid to lend money or to borrow money from from the bank. in this community there are people who believe that it's ok. it's really hard there are no jobs and you see the kids ask and as a parent. i can come up with arguments and there's a lot of conflict within the game and between the 2 teams most of the conflict i would say overall is around money and most of them money is made. close one on the children's cosimo each other is good business the state of california makes $6000000000.00 you have to prison complexes to get some 20 alive where. you don't care anymore so you don't care mind anything. parts of. your. life i felt. are still just.

in the spread is widening and what i call interest rate apartheid if you're in the wrong side of the friends of jeffrey you. of extortion credit card rates if you're a friend of jeffrey you get the insider rate of negative and you get paid to lend money to borrow money. from the bank. of america. it was the lieutenant that came to my job and he didn't say nothing he just stood there. and i said only 10 it shall be as. i started on the lawn. then i just.

gapping the spread is widening and what i call apartheid if you're in the wrong side of the friends of jeffrey epstein you bantustan of extortion ery credit card rights if you're a friend of jeffrey epstein then you get the insider rate of negative and you get paid money to borrow money from the bank. on some of this weekend's headline news now another mass anti-government rallies being filling the streets of hong kong this sunday as the city's protest campaign continues for an 11th consecutive weekend tens of thousands of taking part in the demonstration which was only given permission to take place in a city park but then spread out the rallies being led by the civil human rights front which has been behind some of the biggest demonstrations in the semi autonomous chinese territory since june. on saturday thousands of teachers rallied against hong kong authorities in a show of solidarity with the youths who have been leading calls for democratic reforms it was also a sizeable counter protest by people concerned by the continuing on rest in the city and the threat that it poses to the

interest rates are split gapping and the spread is widening into what i call the interest rate apartheid if you're in the wrong side of the friends of jeffrey epstein you end up in m. bantustan of extortion ery credit card rights if you're a friend of jeffrey abstain then you get the insider rate of negative and you get paid to lend money or to borrow money excuse me from from the bank. cash cow and that is darn alfonzo along be darned there's change change dard. his 1st words were added i was here a challenging post you've got to use to me as. i have no doubt that what happened was criminal. offense concentrate market is a $1000000000.00 industry these how does huge financial motivation to solve these problems there are numerous stuff showing that doctors were keen to test facts re concentrates re in fits of it's own that patients won't gives them doctors the raunch to play. why they would keep me in circuitry those who use their own people as to die and i'm always question mr all right being on our way to live when so many have. i had a chance and then i was meant to do the gotta drive

paul: let's head now to jackson two puts for hole where the fed symposium threatens to reveal widening divisions among senior policy makers. chairman jerome powell is under increasing pressure from president trump to cut rates, but at least three regional fed losses have told bloomberg they opposed the idea. they say this is not the moment to cut. economy is, it's not yet time. i'm not ready to begin to provide more accommodation to the economy without seeing an outlook that suggest the economy is getting weaker here. paul: let's head over to wyoming and kathleen hays is standing by in jackson hole with a renowned .conomist kathleen: import me, john lipsky is more than a renowned economist. he is someone who has been at jackson hole for at least as long as i have, attending this very important fed symposium. firstalso the former director at the imf. he is currently at the johns hopkins school of advanced international studies. john, it's great to have you back. >> glad to be here. kathleen: one of our annual jackson hole chats. what a time this is. the fed is not just in a bind, a diff

and then narrows you would see it widen if there was a reason why you might think that the income growthouldn't keep pace with walmart. but that isn't the case. we've seen pretty consistent income trends in both names. walmart has been making a move to food sales. i think target is trying to follow suit. it seems like they're navigating a lot of the retail wreckage very well. we're going to look out to october and take a look at how the stock has behaved in comparable ranges. we can see if we go back, we're down around the 70 level and right up here, you know, maybe just shy of 90 so the trade i was looking at was the october 85/92.5 call spread this call was pretty much close to at the money. this spread would cost about today's 2.50 it's a $7.50 wide spread it represents a third of the distance between the strikes that's a little bit more than we would typically look at but i think it's justified in a market like this one where we've seen sharp moves. this stock has moved fairly considerably on its own as well. we confine our risk to $2.50 and that's a relatively small percentage phone

gapping in the spread is widening and what i call the interest rate apartheid if you're in the wrong side of the friends of jeffrey epstein you bantustan of extortion ery credit card rates if you're a friend of jeffrey epstein then you get the insider rate of negative and you get paid to lend money or to borrow money excuse me from the bank. hello again islamic state say it's behind a devastating suicide bombing in kabul on saturday night the explosion tore through a wedding hall in the afghan capital killing 63 and wounding over 180 others but. reports. the suicide attacker ditson it it is explosives cording to the afghan interior ministry the main section of the wedding where the main war eating their dinner at least 63 people killed a woman and children are among those killed more than 100 in 80 people or wounded analysts afghanistan gets a comprehensive cease fire the people of afghanistan will continue to lose their entire families in these attacks this is an area in west kabul in the past the islamic state have targeted this she has and has are as. some more openly questioning

there have been extended road closures, widening the search area.emained on the four houses corner caravan site, around three miles from where pc harper was killed. forensic teams working along officers leading the murder inquiry. all having to face the difficultjob of investigating the death of one of their own. the death of pc harper has highlighted the dangers facing police officers in their everyday work. it's a pressure recognised by other emergency services, some of whom were here today to pay their respects. a lot of people say we have a dangerousjob but most of our opinions is that ourjob is nowhere near as dangerous or as difficult as the police and the ambulance service. trying to establish a detailed chain of events remains a police priority. as the thames valley force deal with the professional challenge and the personal angst of solving the murder of a much—loved police officer. daniela relph, bbc news, sulhamstead in berkshire. a 17—year—old has been charged with the murder of a lawyer who was stabbed with a screwdriver in newcastle on

there have been extended road closures widening the search area. home site, run by the local authority in west berkshire and used by the travelling community. access to the area has been restricted as the team leading the murder enquiry take charge. the police have now also confirmed that within an hour of the incident on thursday night, they came to this caravan and mobile home site and it was here that all ten people who are currently in custody were arrested. detectives now have until around midnight tomorrow to question the ten people being held. they are all male, aged between 13 and 30 years old. the death of pc harper has highlighted the dangers officers face in their everyday work. the police loss was today shared by other emergency services. a lot of people say we have sort of a dangerous job, but most of our opinions are that ourjob is nowhere near as dangerous or difficult as the police and the ambulance service. the thames valley force has described this as a complex investigation. both a professional and personal challenge as they try

interest rates spike gapping and the spread is widening into what i call the interest rate apartheid if you're in the wrong side of the friends of jeffrey epstein you end up in m. bantustan of extortion ery credit card rates if you're a friend of jeffrey epstein then you get the insider rate of negative and you get paid to lend money or to borrow money excuse me from the bank. seemed wrong. just don't hold. me. yet to shape out these days because that's ok and engagement equals betrayal. when so many find themselves worlds apart we choose to look for common ground. welcome back and human rights activist has been pardoned in bahrain after almost 3 years behind bars for making critical comments online about the government maintains that it was jailed for promoting and encouraging people to mount a coup. alleges that she was tortured and sexually abused by police officers after her arrest officials say they referred her complaint to a special investigation now just allegations relate to a local police station whose chief was trained by british police. spoke to the organization that peti

gapping and the spread is widening into what i call the interest rate apartheid if you're in the wrong side of the premise of geoffrey epstein you end up in a band to stand of extortion ery credit card rates if you're a friend of jeffrey epstein then you get the insider rate of negative and you get paid to lend money or to borrow money excuse me from the bank. seemed wrong. but i. just don't hold. any. get to shape out these days. and indeed equals betrayal. when so many find themselves worlds apart we choose to look for common ground. my. comeback social media platforms twitter and facebook say they blocked a number of chinese accounts for trying to undermine the protests and hong kong. we are disclosing a significant stayed back to informational pression focused on the situation hong kong this disclosure consists of 936 a cancer region 18 from within the people's republic of china over all these accounts were deliberately and specifically attempting to sow political discord in hong kong including undermining the legitimacy and political positions of the protest movement on the ground

i think what we will see is a little bit of spread widening as people take this idiosyncratic risk andealize we have had a lot of great gains. credit has performed very well this year. let's lighten up a little bit. i am not looking for a big backup in spreads, but that is starting to occur. at the hedge fund level, the volatility has been too insane, so i do not think we are yet done seeing people take off risk, because they cannot stomach the volatility. tom: these are some of the themes we will talk about this half-hour to get you into monday. why don't we start with the former chairman of the federal reserve system. alan greenspan has been a huge supporter of my work on economics and fixed income. and i thought chairman greenspan i was sharp this week. there is international arbitrage going on in the bond market that is helping drive long-term treasury yields lower. there is no barrier for treasury yields going below zero. zero has no meaning besides being a certain level. margie patel, we saw jpmorgan stop the fixed income market, not with a forecast, but with the idea of thinking

gapping and the spread is widening in what i call the interest rate apartheid if you're in the wrong side of the friends of jeffrey epstein you bantustan of extortion ery credit card rates if you're a friend of jeffrey epstein then you get the insider rate of negative and you get paid to lend money or to borrow money from from the bank. a human rights activist has been right after almost 3 years behind for making critical comments about the government online. not to use if was jailed for promoting and encouraging people to mount a coup. ledges that she was tortured and sexually abused by police officers off to her rest already officials say they for her to complain to a special investigation that not just investigation allegations relate to a local police station whose chief was trained by british police a correspondent spoke to the organization that petition. enjoy yourself a former bahraini civil servant and mother of 4 was jailed in april 27th criticised the regime for hosting the motor racing show case that is formula one use of gave account of the abuse and sexual assault she wa

however, its net loss widened to $644] million, three and a half times bigger than a year ago.n it launched on the stock market back in march the company warned it may never make money. and since then its share price has struggled. in fact, it's down by around 25% since that stock market debut as investors start to question the sustainability of its business model. that's not been helped by the resignation of several senior managers, including the chief operating officer, john mcneill, who's leaving afterjoining last year. the ride hailing sector is seeing increased competition, therefore putting pressure on prices. investors will want to see how these latest results stack up against those of larger rival uber, which reports today after market close. natalie sauber, market intelligence and mobility solutions lead, arcadis. good morning. what do you make of the numbers? frankly it was a bit of a surprise. not in our wildest dreams would we have got 887 million four 0 two. they are out to pass market expectations. we saw the share price go up off the back of that news. but how su

interest rates spike and gapping in the spread is widening and what i call the interest rate apartheid if you're in the wrong side of the friends of jeffrey epstein you end up in m. bantustan of extortion ery credit card rates if you're a friend of jeffrey epstein then you get the insider rate of negative and you get paid to lend money or to borrow money excuse me from from the bank. joining me every thursday on the alex i'm unsure when i'll be speaking to get us out of the world of politics sports business i'm show business i'll see you then. when i almost seemed wrong. but old rules just don't hold. any old belief yet to shape our disdain to come out ahead and in games from an equal betrayal. when so many find themselves worlds apart we choose to look for common ground. good job to. put themselves on the line to get accepted or rejected. so when you want to be president. wanted. you to go on. with what before 3 of the more people get. into studios in the water. and we're back with calvin alexander ramsey award winning author and playwright who traveled across the united states collec

and then narrows you would see it widen if there was a reason why you might think that the income growthet couldn't keep pace with walmart, but that actually isn't the case we have actually seen pretty consistent income trends in both names. walmart obviously has been making a move to food sales. i think target is trying to follow suit. it seems they're navigating a lot of the retail wreckage pretty well. how do we do this? very simply we will take a look out to october and take a look how the stock has behaved in comparable ranges. we can see if we go back here, we can see we were back down here around the 70 level, and right up here, you know, maybe just shy of 90 so the trade i was looking at with the october 85, 92.5 call spread, when i was looking at this earlier today it was close to at the money. this spread would cost about $2.50. it is a $7.50 widespread that represents a third of the distance between the strikes that's a little bit more than we typically would look to spend on vertical spreads, but i think it is justified in a market like this one where we have seen such sharp

the gap between what banks are being charged to borrow money and what their target customers is widening once again according to the f.t. u.s. consumers are paying higher interest rates on credit card balances than they have in 25 years the average rate on interest bearing card accounts topped 17 percent in may according to the fed data the highest in the 25 years that the central bank has been making the calculations weekly data based on credit cards dot com survey of 100 national card issuers found an average rate of 17.8 percent at the end of july another decade high it's proof that the it's not a market driven economy competition driven economy and stunt capitalism this is a top down dictatorship run by banks who can say that they're going to give their friends on wall street negative interest rates or they'll pay them for putting deposits at the central bank where at the same time they will all jacked the credit card rates up on people who don't have special relationships with the special bank so interest rates spike gapping the spread is widening and what i call interest rate apart

interest rates are split gapping and the spread is widening and what i call interest rate apartheid if you're in the wrong side of the friends of jeffrey epstein you end up in him bantustan of extortion ery credit card rights if you're a friend of jeffrey abstain then you get the insider rate of negative and you get paid to lend money or to borrow money excuse me from from the bank. cash cow and that is darn alfonzo along be darned there's change from peach dard. his 1st words were have i was here a challenging post you've got 2 years to live. i have no doubt that what happened was criminal. offense concentrate market is a $1000000000.00 industry these how does huge financial motivation to solve these problems there are numerous talking showing that doctors were keen to test facts re concentrates re the effects of it's on the patients won't give them doctors the wrongs to play golf. why that would keep me from secure those whose day to day people is to die and i'm always question mr right right being hard to live when so many have. i. thought. latter man putin and demand will not discu

rallies 1st began in june over an extradition bill to show it but they have widened to include demands for political reform al-jazeera as a way to hate is that. after a week when the police in hong kong appeared to adopt a different tactic seemingly standing back allowing the protest to happen without intervention on saturday it seemed that they were in no mood to muck around the riot police very quickly moving into this area of cow loon to clear the protest is a way using tear gas the day it started peacefully there was a march through this part of cow loom the protesters had asked police for permission for their march to take place the permission was granted by the police but as we have seen before a large group of the protesters then broke away approached a police station near the roots of the march erecting barricades that the that we have seen them do so many times before and it seems that when the police lost patience and formed up and that's when the confrontation began which lasted perhaps one to 2 hours this came on a day when kerry lamb the chief executive of hong kong someon

interest rates are split gapping in the spread is widening and what i call the interest rate apartheid if you're in the wrong side of the friends of jeffrey epstein you bantustan of extortion ery credit card rates if you're a friend of jeffrey abstain then you get the insider rate of negative and you get paid to lend money or to borrow money excuse me from the bank. you know world of big. and could see yours it's time to wait to dig deeper to get the stories that mainstream media refuses to tell more than ever we need to be smarter we need to stop slamming the door. and shouting past each other it's time for critical thinking it's time to fight for the middle for the truth the time is now we're watching closely watching the hawks. in this community there are people who believe that it's ok. it's really hard there are no jobs and you see that i've got kids that ask and as a parent. i can come up with arguments and there's a lot of conflict within the game and between the teams most of the conflicts i would say throw balls around and most of them is made. close one on the children's clot