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Apr 26, 2024
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sonali: welcome to ""bloomberg markets.",i'm sonali basak. the s&p 500 having the best week of the year. traders reading a sigh of relief from the latest inflation data. the s&p 500 is notching a gain. moving higher. really up, snapping weeks of declines. one of the worst weeks we have seen in a while. the nasdaq 100 up one .6%. the philadelphia semiconductor index up a fair amount. 2.2%. what is interesting is how much green you see on the screen. even with negativity around intel. bitcoin lower about 1.6% into the weekend. looking across assets. the bond market is interesting. the two year yield fluctuating all day. around 498 on the day, it touched almost 5%. muted moves right now. a lot of volatility today. 10 year yield around 466. that hit around 4.70. you're still looking at three to four basis points. the u.s. dollar still on the rise. yen has been weakening drastically. looking at some movers on the equity side. tons of earnings have alphabet soaring past a $2 trillion valuation. after a first quarter revenue that beat expectations w
sonali: welcome to ""bloomberg markets.",i'm sonali basak. the s&p 500 having the best week of the year. traders reading a sigh of relief from the latest inflation data. the s&p 500 is notching a gain. moving higher. really up, snapping weeks of declines. one of the worst weeks we have seen in a while. the nasdaq 100 up one .6%. the philadelphia semiconductor index up a fair amount. 2.2%. what is interesting is how much green you see on the screen. even with negativity...
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Apr 12, 2024
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sonali: this is "bloomberg markets" and i am sonali basak. safety, testing and inspection company ul solutions going public today under the ticker uls. the company is offering 33 million shares starting at $28. we are waiting for the opening trade. let's bring in president and ceo jennifer scanlon at the new york stock exchange. when you look at the reasoning, you will see the reasoning of why right now is the time to take ul solutions public. people are wondering about the reopening of the ipo market. jennifer: we are excited to be here at the new york stock exchange. we are a 130--year-old company. we have been planning this ipo for a long time. it has not been an ordinary time in the market but we are an extraordinary company. sonali: you also delayed this ipo to this year. i am curious about how you think about the market volatility as you go public. it is a tough take today but you are plowing through. jennifer: we have been around 130 years and hopefully we will be in this market for another 130 years. the market today is not concerning
sonali: this is "bloomberg markets" and i am sonali basak. safety, testing and inspection company ul solutions going public today under the ticker uls. the company is offering 33 million shares starting at $28. we are waiting for the opening trade. let's bring in president and ceo jennifer scanlon at the new york stock exchange. when you look at the reasoning, you will see the reasoning of why right now is the time to take ul solutions public. people are wondering about the reopening...
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Apr 11, 2024
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sonali: this is "bloomberg markets." i'm sonali basak. blue owl is launching another real estate strategy with the purchase of prima capital advisors. they are to pay $70 million, prima manages about $10 million of assets. we will bring in the blue owl copresident who runs the real estate side of the business. it is interesting because blue owl got deeper into the real estate business by acquiring your business a number of years ago. it begs the question on what the play is? >> it is a phenomenal entry point to real estate finance. as traditional lenders are slowing down, and you are seeing a pickup in rates and spreads, we think it is a great time to enter that marketplace. sonali: when you say traditional lenders, are you referring to the slow of regional banks that are feeling pressured? >> correct. sonali: how big is the opportunity? marc zahr $5 trillion plus from our perspective. one point $2 trillion over the coming 12 months. again, a great time to enter. sonali: how much of that is something you can tap into? there are so many co
sonali: this is "bloomberg markets." i'm sonali basak. blue owl is launching another real estate strategy with the purchase of prima capital advisors. they are to pay $70 million, prima manages about $10 million of assets. we will bring in the blue owl copresident who runs the real estate side of the business. it is interesting because blue owl got deeper into the real estate business by acquiring your business a number of years ago. it begs the question on what the play is? >>...
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Apr 12, 2024
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i am sonali basak and "bloomberg real yield" starts right now. coming up, cpi topping estimates for the third month in a row. markets and the fed re-think -- geopolitical tensions complicate the direction for treasuries. we start with the fed's inflation problem. >> the sound was the door slamming on the june rate cuts. >> inflation. >> there is more inflation that people would like. >> too much for the fed. >> it really complicates things for the fed. >> a very stubborn situation. >> no one is expecting june. >> still holding onto the june call. it is a close call. >> you will have some rate cuts but it will not be what people expected. >> a rate cut in june seems to me would be a dangerous and egregious error. >> right now, looking forward, we do not see any rate cuts. >> the fed is not going to be making any moves anytime soon. >> it really is a fascinating moment. sonali: it seems like just yesterday we were talking about june or july for the first moment for the rate cut you saw by the federal reserve but you can see by the chart we are look
i am sonali basak and "bloomberg real yield" starts right now. coming up, cpi topping estimates for the third month in a row. markets and the fed re-think -- geopolitical tensions complicate the direction for treasuries. we start with the fed's inflation problem. >> the sound was the door slamming on the june rate cuts. >> inflation. >> there is more inflation that people would like. >> too much for the fed. >> it really complicates things for the fed....
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Apr 19, 2024
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rowe price sonali: i'm sonali basak and this is "bloomberg real yield." higher u.s. yields are being taken into account with a 23 billion dollar u.s. tips auction that had the second highest yield since 2008. the primary deal was among the lowest on record with results showing a desire for inflation protection in the market. moving to ig, u.s. banks shined this week with goldman sachs, citizen financial, all with sales pushing the final to $31 billion. six flags helped to drive sales with $850 million. issuing new debt despite those following treasury yields with $105 billion for the year. a warning for investors. >> i wouldn't be surprised to see the market calmed down as it pertains to credit. what we have seen this year is yields stay pretty flat, even though rates continue to come up and as a function, things are compressed. i think we will see a bit of a catch up that will lead to a correction in terms of credit markets. not only more leveraged markets but investing in great companies, which everybody chased when the rates started coming down from a splendid --
rowe price sonali: i'm sonali basak and this is "bloomberg real yield." higher u.s. yields are being taken into account with a 23 billion dollar u.s. tips auction that had the second highest yield since 2008. the primary deal was among the lowest on record with results showing a desire for inflation protection in the market. moving to ig, u.s. banks shined this week with goldman sachs, citizen financial, all with sales pushing the final to $31 billion. six flags helped to drive sales...
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Apr 5, 2024
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what's next. ♪ sonali: this is "bloomberg markets" and i'm sonali basak. and it's time now for the wall street beat. stock picking hedge funds are back for the first time in two years. and so are multi-strategy managers. so much them are having better times now. schoenfield had the best and in the front world, q.r. fund called double-digit return so far this year. and we're going to get a gauge of the whole industry with alanna weinstein and finds talent in the hedge fund place. really curious about what you're hearing now that we have all the numbers in for the first quarter on what's working. >> let's do a what's hot rick tor scale about that -- richter scale about that. multi-managers continue to be an area of desire and focus, particularly, of course, goes without saying the large established managers like citadel and point 72. those guys are either closed or being extremely deliberate about how they take in capital. so you mentioned schoenfeld, i was pleased to see them leading the pack this year. because the last two years were tough and i think that
what's next. ♪ sonali: this is "bloomberg markets" and i'm sonali basak. and it's time now for the wall street beat. stock picking hedge funds are back for the first time in two years. and so are multi-strategy managers. so much them are having better times now. schoenfield had the best and in the front world, q.r. fund called double-digit return so far this year. and we're going to get a gauge of the whole industry with alanna weinstein and finds talent in the hedge fund place....
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Apr 15, 2024
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sonali: welcome to "bloomberg markets." i'm sonali basak. we had some solid u.s. retail sales that spurred bets the fed is in no rush to cut interest rates. we will check on those markets because you are now watching the s&p 500 waiver. a little bit of red. we are essentially flat, but the nasdaq 100 now down 0.2%. we were in the green just about 15 minutes ago, so certainly a change in the markets. the two year yield now down to 4.93 on the day. a lot of volatility in that bond market. about a 4.9 nine handle earlier on the day. the 10 year now at 4.63. we got as high as 4.6 six. really testing the high of the year. again, that really interesting selloff in the bond market data today. may 8 movers on the equity side. talking about apple shipping 50.1 million phones in the first three months of the year. that is according to idc. falling short of estimates and reflecting flagging sales in china, despite a broader smartphone industry rebound. tesla slashing headcount by more than 10% as the carmaker struggles with slowing demand. on top of that, two senior vice pre
sonali: welcome to "bloomberg markets." i'm sonali basak. we had some solid u.s. retail sales that spurred bets the fed is in no rush to cut interest rates. we will check on those markets because you are now watching the s&p 500 waiver. a little bit of red. we are essentially flat, but the nasdaq 100 now down 0.2%. we were in the green just about 15 minutes ago, so certainly a change in the markets. the two year yield now down to 4.93 on the day. a lot of volatility in that bond...
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Apr 18, 2024
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sonali: this is "bloomberg markets," i'm sonali basak. weight loss drugs forcing companies like walmart to rethink first resales and it is having an unusual impact on users, sparking a debate about -- get pregnant and now take glp-1 drugs like ozempic are getting pregnant and doctors are looking into whether he can fight infertility causes. we had a report on this and our reporter joins us not -- now. it was our number one red storm -- story on the terminal. -- number one read story on the terminal. madison: i was talking to an obesity doctor and he brought up the fact that several of his patients were surprisingly getting pregnant, women who had long struggled with infertility and given up on the having a baby, found themselves pregnant, surprising me. i tucked that into my back pocket at the time. over the last few months, i heard that more and more and it has taken off on social media. there are facebook groups with like 500 plus members of people saying they got pregnant on ozempic. it's interesting, doctors are prescribing it or now
sonali: this is "bloomberg markets," i'm sonali basak. weight loss drugs forcing companies like walmart to rethink first resales and it is having an unusual impact on users, sparking a debate about -- get pregnant and now take glp-1 drugs like ozempic are getting pregnant and doctors are looking into whether he can fight infertility causes. we had a report on this and our reporter joins us not -- now. it was our number one red storm -- story on the terminal. -- number one read story...
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Apr 2, 2024
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i am sonali basak and that does it for "bloomberg markets" today. this is bloomberg. ♪ to me, harlem is home. but home is also your body. —last one everyone. i asked myself, why doesn't pilates exist in harlem? so i started my own studio. getting a brick—and—mortar in new york is not easy. chase ink has supported us from studio 1 to studio 3. when you start small you need some big help. and chase ink was that for me. earn up to 5% cash back on business essentials with the chase ink business cash card. make more of what's yours. her uncle's unhappy. with the chase ink business cash card. i'm sensing an underlying issue. it's t-mobile. it started when we tried to get him under a new plan. but they they unexpectedly unraveled their “price lock” guarantee. which has made him, a bit... unruly. you called yourself the “un-carrier”. you sing about “price lock” on those commercials. “the price lock, the price lock...” so, if you could change the price, change the name! it's not a lock, i know a lock. so how can we undo the damage? we
i am sonali basak and that does it for "bloomberg markets" today. this is bloomberg. ♪ to me, harlem is home. but home is also your body. —last one everyone. i asked myself, why doesn't pilates exist in harlem? so i started my own studio. getting a brick—and—mortar in new york is not easy. chase ink has supported us from studio 1 to studio 3. when you start small you need some big help. and chase ink was that for me. earn up to 5% cash back on business essentials with the...
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Apr 30, 2024
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. ♪ sonali: this is bloomberg markets. i'm sonali basak. the stock of the hour is amazon expected to report sales grew 12% first quarter. fueled by its cloud computing and advertising businesses, investors will also closely watch of the company's artificial intelligence efforts when they report after the bell today. let's discuss with arun sun darun. you saw of the in swinging with the dividend. you have to wonder, if amazon does not give investors the same type of capital return, does that make them look bad? arun: yes. there's a lot of speculation about whether amazon will either announce its first-ever dividend or potentially a large share buyback. amazon has never given a dividend in the past but given big tech players have recently released their first dividend there is speculation amazon could. in our opinion we don't see them announcing a dividend this upcoming quarter but it could be in store the next 12-24 months. i say this because we are entering a major capex super cycle, not just for amazon, but other big tech players. i think
. ♪ sonali: this is bloomberg markets. i'm sonali basak. the stock of the hour is amazon expected to report sales grew 12% first quarter. fueled by its cloud computing and advertising businesses, investors will also closely watch of the company's artificial intelligence efforts when they report after the bell today. let's discuss with arun sun darun. you saw of the in swinging with the dividend. you have to wonder, if amazon does not give investors the same type of capital return, does that...
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Apr 16, 2024
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ed: let's bring in sonali basak. bank of america is what is moving in the market and his thoughts on the ai story put it better than i ever could, to summarize what is happening this tuesday morning. sonali: when you thing about bank of america, it is their propensity to bring in new clients and keep a handle on costs. one thing being asked of the ceo was if further investment in digital ideation -- digitization of the bank would help bring efficiency ratios down below 60%, and you had brian moynihan say they were pushing to get that done. some interesting statistics. when you thick about how quickly our -- how quickly things are going digital, this quarter alone, zelle transactions at bank of america past the combined number of check smit -- written plus the amount of cash withdrawals. that is how fast money is moving online. the faster they can get this done, they believe they can create cost savings for themselves and their customers. that is one side of things, how the banks are using digitization to drive effici
ed: let's bring in sonali basak. bank of america is what is moving in the market and his thoughts on the ai story put it better than i ever could, to summarize what is happening this tuesday morning. sonali: when you thing about bank of america, it is their propensity to bring in new clients and keep a handle on costs. one thing being asked of the ceo was if further investment in digital ideation -- digitization of the bank would help bring efficiency ratios down below 60%, and you had brian...
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Apr 9, 2024
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sonali: welcome to "bloomberg markets." i'm sonali basak. stocks are on the rise in bonds falling as key inflation data is out tomorrow morning. let's check the markets as we way to absorb those data. you have the s&p 500 study at about 5190 on the date, .2% lower on the day. nasdaq 100 roughly flat. biggest difference in the bond market. call it a relief rally because you saw yields soaring higher yesterday. we are back at 4.73, five-basis point move lower. 10-year yield also five basis points lower ahead of inflation data. let's look under the surface of the market. moderna the biggest gainer in the s&p 500. analysts praising its skin cancer treatment. it cut the likelihood of cancer in half after a recent study. modernity is developing a vaccine for rsv it will unveil next month. we are monitoring shares of royal caribbean, which are tumbling, having its worst day since january. despite record demand for cruises this year, and just last year it hit an all-time high, some of the steam out of the bag here. wall street is awaiting the cpi pr
sonali: welcome to "bloomberg markets." i'm sonali basak. stocks are on the rise in bonds falling as key inflation data is out tomorrow morning. let's check the markets as we way to absorb those data. you have the s&p 500 study at about 5190 on the date, .2% lower on the day. nasdaq 100 roughly flat. biggest difference in the bond market. call it a relief rally because you saw yields soaring higher yesterday. we are back at 4.73, five-basis point move lower. 10-year yield also...
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Apr 26, 2024
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sonali: welcome to ""bloomberg markets.",i'm sonali basak. the s&p 500 having the best week of the year. traders reading a sigh of relief from the latest inflation data. the s&p 500 is notching a gain. moving higher. really up, snapping weeks of declines. one of the worst weeks we have seen in a while. the nasdaq 100 up one .6%. the
sonali: welcome to ""bloomberg markets.",i'm sonali basak. the s&p 500 having the best week of the year. traders reading a sigh of relief from the latest inflation data. the s&p 500 is notching a gain. moving higher. really up, snapping weeks of declines. one of the worst weeks we have seen in a while. the nasdaq 100 up one .6%. the
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Apr 8, 2024
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sonali basak always able to jump up with us. we think her for it. artificial intelligence dominating the markets -- we have seen markets near record highs, whether the s&p 500, the nasdaq. are you anticipating that remains the case, even as we worry about the cpi print, for example, in the u.s.? >> thanks for having me. we believe that this equity bull market, led by artificial intelligence, will continue, even though there may be bumpy inflation data today. we have already seen how it has performed. i think they are more -- as long as inflation is not outrageous, there is no shock, as long as bond yields are being stabilized, the market rally can continue. caroline: does it broaden? there is an interesting piece showing wall street, at the moment, trying to find a different way of playing the ai optimism. yes, you already put your money into nvidia, but what about some of the emerging market players? what about the infected to be had elsewhere? we just showed a japanese name, towa, the has done particularly well. janet: absolutely. we favor a baske
sonali basak always able to jump up with us. we think her for it. artificial intelligence dominating the markets -- we have seen markets near record highs, whether the s&p 500, the nasdaq. are you anticipating that remains the case, even as we worry about the cpi print, for example, in the u.s.? >> thanks for having me. we believe that this equity bull market, led by artificial intelligence, will continue, even though there may be bumpy inflation data today. we have already seen how...
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Apr 12, 2024
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i am sonali basak again welcome to bloomberg markets. looking at the s&p lower on the day, leading to perhaps the second week of declines on the s&p 500. the nasdaq 100 also down on the day. still has a chance to end on the green, now down more than .9%. the two year yield breaking below the 4.90% mark. about 4.89%. we have the kbw bank index down 1.3% and almost every stock barring two are down in that index. consumer sentiment data crossing the terminal now. michael mckee joins us to break it down. mike: if you did not like the cpi report you will not like the sentiment report because it shows some on mooring of inflation expectations. the one year ahead inflation expectation jumps to 3.1% from 2.9%. five to 10 year from 3% to 2.8%. enable -- maybe gas prices reflecting that. the sentiment number goes up a little overall -- actually falls, rather, to 77.9, current conditions to 82.5. so in march, we saw consumer sentiment rise little bit and inflation expectations were steady. now there is more concerned perhaps about the economy going
i am sonali basak again welcome to bloomberg markets. looking at the s&p lower on the day, leading to perhaps the second week of declines on the s&p 500. the nasdaq 100 also down on the day. still has a chance to end on the green, now down more than .9%. the two year yield breaking below the 4.90% mark. about 4.89%. we have the kbw bank index down 1.3% and almost every stock barring two are down in that index. consumer sentiment data crossing the terminal now. michael mckee joins us to...
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Apr 15, 2024
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for more, we are joined by sonali basak. give us the rundown because the stock reaction is really telling. >> david solomon now addressing analyst on how sustainable those gains are in the trading, in investment banking. remember, we are just starting to see come back and let's call in durable david because durability is the word he is using to show that businesses that have typically been volatile over the last couple of decades or so can now be more sustained. what is interesting is seeing being asked by analysts on whether this was an average quarter or a peak order. how would you define it? he said it was strong but he has seen goldman have bigger quarters. goldman really punching above its way, leaning in on those financing businesses to bring in more trading business and a very volatile market. when it comes to investment banking we are just in the early innings here of that 2024 rebound. still, advisory fees of more than $1 billion. all these fees have also led to more expenses. he is getting questions about those exp
for more, we are joined by sonali basak. give us the rundown because the stock reaction is really telling. >> david solomon now addressing analyst on how sustainable those gains are in the trading, in investment banking. remember, we are just starting to see come back and let's call in durable david because durability is the word he is using to show that businesses that have typically been volatile over the last couple of decades or so can now be more sustained. what is interesting is...
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Apr 5, 2024
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. ♪ >> welcome to "bloomberg markets," i'm sonali basak. and u.s. payrolls rise by the most in nearly a year the fed gets more evidence that a delay in rate cuts still be warranted. let's get a check. we do see a relief rally. the s&p 500 now up on the day. you have it up about 1.3%. nasdaq 100 tech heavy. the dow jones industrial average and russell 2000 also feeling some love. i should say in
. ♪ >> welcome to "bloomberg markets," i'm sonali basak. and u.s. payrolls rise by the most in nearly a year the fed gets more evidence that a delay in rate cuts still be warranted. let's get a check. we do see a relief rally. the s&p 500 now up on the day. you have it up about 1.3%. nasdaq 100 tech heavy. the dow jones industrial average and russell 2000 also feeling some love. i should say in
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Apr 21, 2024
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sonali: hi, i'm sonali basak, and this is "the next big risk." investing is a business of managing risk for the long-term. and in a year where recession fears abound, a war in ukraine rages for a second year, and geopolitical tensions across the globe are boiling under the surface, three wall street veterans look five to 10 years out on where wealth could be destructed even further.
sonali: hi, i'm sonali basak, and this is "the next big risk." investing is a business of managing risk for the long-term. and in a year where recession fears abound, a war in ukraine rages for a second year, and geopolitical tensions across the globe are boiling under the surface, three wall street veterans look five to 10 years out on where wealth could be destructed even further.
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Apr 7, 2024
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. ♪ sonali: i'm sonali basak, and this is "the next big risk." it's the job of a financial executive to calculate the unknowns. geopolitical tensions are rising across the globe as conflict engulfs countries in the middle east and europe, and concern builds around taiwan and china. investors are also uncertain about the state of the economy and a divisive presidential election in the u.s. just months
. ♪ sonali: i'm sonali basak, and this is "the next big risk." it's the job of a financial executive to calculate the unknowns. geopolitical tensions are rising across the globe as conflict engulfs countries in the middle east and europe, and concern builds around taiwan and china. investors are also uncertain about the state of the economy and a divisive presidential election in the u.s. just months
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Apr 12, 2024
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sonali basak is still with us. going to the information, what stands out as far as what is driving this narrative? sonali: one is the fact that jp morgan did not raise the bar. jp morgan was trading at 1.9 times book value nearly. way more expensive than any other bank and a 14% rise in its shares until this point. now they are saying they're not raising their net interest guidance. they did raise their guidance for expenses for the full year. there will be questions on how to think about that. another thing that is important is why net income -- net interest income might not prize this year. jp morgan is leaking in the room when it comes to the credit card businesses. we know credit card balances in the u.s. have risen past $1 trillion. now questions turned to rise about how much you can max out the consumer. you have to wonder if there is juice left to squeeze in these consumer lending businesses that have knitted money. -- minted money. manus: never underestimate the u.s. consumer. jamie dimon is talking about t
sonali basak is still with us. going to the information, what stands out as far as what is driving this narrative? sonali: one is the fact that jp morgan did not raise the bar. jp morgan was trading at 1.9 times book value nearly. way more expensive than any other bank and a 14% rise in its shares until this point. now they are saying they're not raising their net interest guidance. they did raise their guidance for expenses for the full year. there will be questions on how to think about that....
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Apr 20, 2024
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sonali: hi, i'm sonali basak, and this is "the next big risk." investing is a business of managing risk for the long-term. and in a year where recession fears abound, a war in ukraine
sonali: hi, i'm sonali basak, and this is "the next big risk." investing is a business of managing risk for the long-term. and in a year where recession fears abound, a war in ukraine
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Apr 16, 2024
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let's cross over to sonali basak. what do you see? sonali: there are a few things going on. both management number coming in above estimates and the pretax margin also coming in above estimates. they want to see the wealth engine to driving performance. also better than expected in fixed income and equities trading i believe them about what is interesting is that equities trading number actually comes in below what goldman sachs brought in. the competition is pretty stiff on wall street today. another thing to look at is the competition expense coming in higher-than-expected. we have been talking about it. this has been a trend. a lot of pressure on competition cost in a year where activity is jumping back. over at the investment bank as well, underwriting fees for equity and debt coming in above estimates, but advisory is coming in a bit light. this is another area of stiff competition. goldman's advisory fees are more than double what you see over at morgan stanley, so the core institutional businesses will be where ted will have to show where the market share is being gai
let's cross over to sonali basak. what do you see? sonali: there are a few things going on. both management number coming in above estimates and the pretax margin also coming in above estimates. they want to see the wealth engine to driving performance. also better than expected in fixed income and equities trading i believe them about what is interesting is that equities trading number actually comes in below what goldman sachs brought in. the competition is pretty stiff on wall street today....
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Apr 12, 2024
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i am sonali basak and "bloomberg real yield" starts right now.
i am sonali basak and "bloomberg real yield" starts right now.
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Apr 30, 2024
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avalarahhh ahhh finale: live from bloomberg i'm sonali basak. tim: i'm tim stenovec. finale: crypto's richest man, the bytedance co-founder learned his fate in a u.s. court with proceedings underway facing up to three years in prison for anti-money laundering failures. tim: we speak about the case and the price action in bitcoin slumping since hitting a record high. sonali: hong kong falls in the footsteps of the u.s. debi
avalarahhh ahhh finale: live from bloomberg i'm sonali basak. tim: i'm tim stenovec. finale: crypto's richest man, the bytedance co-founder learned his fate in a u.s. court with proceedings underway facing up to three years in prison for anti-money laundering failures. tim: we speak about the case and the price action in bitcoin slumping since hitting a record high. sonali: hong kong falls in the footsteps of the u.s. debi
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Apr 2, 2024
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sonali: live from bloomberg had quarters i am sonali basak. tim: i am tim stenovec. welcome to bloomberg crypto. sonali: corn and other tokens on the decline to start the second quarter after a historic run brought on by etf demand. tim: sam bankman-fried's 25 year sentence is potentially just the beginning for others on trial including executives like caroline ellison
sonali: live from bloomberg had quarters i am sonali basak. tim: i am tim stenovec. welcome to bloomberg crypto. sonali: corn and other tokens on the decline to start the second quarter after a historic run brought on by etf demand. tim: sam bankman-fried's 25 year sentence is potentially just the beginning for others on trial including executives like caroline ellison
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Apr 18, 2024
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. >> welcome to "bloomberg markets ," i'm sonali basak. traders, reassessing outlooks as fed officials say they are in no rush to cut interest rates. let's look at where the markets stand right now. s&p 500 back in the green, broad-based movement upward. most major sectors are in the green, up 4/10 of 1%. the nasdaq 100 seeing a bit of a lift, shaking off jitters in semi conductors, the nasdaq 100 is nonetheless up 3/10 of 1%.
. >> welcome to "bloomberg markets ," i'm sonali basak. traders, reassessing outlooks as fed officials say they are in no rush to cut interest rates. let's look at where the markets stand right now. s&p 500 back in the green, broad-based movement upward. most major sectors are in the green, up 4/10 of 1%. the nasdaq 100 seeing a bit of a lift, shaking off jitters in semi conductors, the nasdaq 100 is nonetheless up 3/10 of 1%.
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Apr 3, 2024
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. ♪ sonali: welcome to bloomberg markets. i'm sonali basak. traders are waiting for remarks from jerome powell. he is set to begin and a few minutes and we will bring you the comments live when they begin. the s&p 500's near session highs. it is past 5220 up about .3%. the nasdaq 100 up on the day about .4%. new york route at the highest levels since october last year up about .7% holding
. ♪ sonali: welcome to bloomberg markets. i'm sonali basak. traders are waiting for remarks from jerome powell. he is set to begin and a few minutes and we will bring you the comments live when they begin. the s&p 500's near session highs. it is past 5220 up about .3%. the nasdaq 100 up on the day about .4%. new york route at the highest levels since october last year up about .7% holding
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Apr 9, 2024
04/24
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. >> from bloomberg's world headquarters, i'm sonali basak. >> i am tim stenovec. welcome to "bloomberg crypto." look at the people, transactions and technology shaping the world. >> 10 days away. we will talk to one of the largest minors in the space area the ceo of marathon digital. tim: a senate hearing is underway with deputy u.s. treasury secretary, discussing efforts to counter illicit finance. we will talk to head of global policy who pushes back against how the industry is depicted on the issue. sonali: we look at the latest on the whereabouts of co-founder though quan, as he has -- is found liable for fraud in a u.s. government lawsuit. tim: all of the and more coming up over the next half-hour. here
. >> from bloomberg's world headquarters, i'm sonali basak. >> i am tim stenovec. welcome to "bloomberg crypto." look at the people, transactions and technology shaping the world. >> 10 days away. we will talk to one of the largest minors in the space area the ceo of marathon digital. tim: a senate hearing is underway with deputy u.s. treasury secretary, discussing efforts to counter illicit finance. we will talk to head of global policy who pushes back against how...
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Apr 15, 2024
04/24
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i am sonali basak. stocks kicking off the week on a positive note as retail sales data shows consumer strength and signs that conflict in the middle east remains contained. the s&p 500 and nasdaq each of more than 0.2%, the s&p gaining now 0.3%. the two year yield, stunning moves there, about five basis points higher at
i am sonali basak. stocks kicking off the week on a positive note as retail sales data shows consumer strength and signs that conflict in the middle east remains contained. the s&p 500 and nasdaq each of more than 0.2%, the s&p gaining now 0.3%. the two year yield, stunning moves there, about five basis points higher at
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Apr 8, 2024
04/24
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. -- sonali basak. >> it certainly is. certainly that list is also long. you think about the use for anti-money laundering and also you have investment activities across the bank. you can see jp morgan implementing ways to use ai and thinking about also have to use importantly generated ai. this was the first and a list of specific issues as it pertains to jp morgan in the annual letter. he of course didn't have a list of specific issues that included geopolitics and ration, but certainly with $2 billion spent on data centers for jp morgan as well as further investment when it comes to ai alone, the data centers were continuing to crowd as well. you can see this is certainly an area for investment for jp morgan moving forward after they have hit six consecutive years of record results. >> certainly backing up those words with some investment. that's also talked about his views on the economy. he always gets a lot of air for what he is seeing. 70%-80% chance of a soft landing viewed through the markets. >> one thing that was really interesting is right afte
. -- sonali basak. >> it certainly is. certainly that list is also long. you think about the use for anti-money laundering and also you have investment activities across the bank. you can see jp morgan implementing ways to use ai and thinking about also have to use importantly generated ai. this was the first and a list of specific issues as it pertains to jp morgan in the annual letter. he of course didn't have a list of specific issues that included geopolitics and ration, but certainly...
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Apr 9, 2024
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paul: that is the imf deputy director speaking with our colleague sonali basak. a lot of central-bank action and looking forward to more this week. one of the ones we have been watching is the bank of thailand. normally there is a bit of a separation of church and state when it comes to central banks. politicians don't like to meddle, but the thai prime minister is not shy. he is calling for a 25 basis point cut, but it seems to be falling on deaf ears. haidi: saying they should cut by 25 basis points to support the economy his expansion may have slowed below 1% in the first quarter. we have been hearing this pressure since the beginning of the year from the prime minister, since the start of this year, ratcheting up his calls for the b.o.t. to cut levels which are at the highest since 2013. central-bank pretty much snubbing those demands, saying the economy's slow recovery is due to structural problems which they cannot fix with monetary tools. so this back-and-forth continues. but economists ahead of the april 10 decision are split, 17 out of 24 economists we s
paul: that is the imf deputy director speaking with our colleague sonali basak. a lot of central-bank action and looking forward to more this week. one of the ones we have been watching is the bank of thailand. normally there is a bit of a separation of church and state when it comes to central banks. politicians don't like to meddle, but the thai prime minister is not shy. he is calling for a 25 basis point cut, but it seems to be falling on deaf ears. haidi: saying they should cut by 25 basis...
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Apr 3, 2024
04/24
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sonali: welcome to bloomberg markets. i'm sonali basak. traders are waiting for remarks from jerome powell. he is set to begin and a few minutes and we will bring you the comments live when they begin. the s&p 500's near session highs. it is past 5220 up about .3%. the nasdaq 100 up on the day about .4%. new york route at the highest levels since october last year up about .7% holding above the $85 level and the u.s. dollar index taking a breather for a minute in conjunction with yields. we will look at that ahead of powell. the two-year year -- yield flat on the day about 469. we head for 73 earlier this morning. tremendous volatility. in one week 15 basis point move from peak to trough. more of the bond selloff further down the iteration card with a two basis point move nearly three basis point at the 30 year and a 10 year at 437 other day about two basis points higher. earlier today raphael bostic reiterated expectation for just one rate cut this year. look how dramatically the market has changed since january. when the expectation was
sonali: welcome to bloomberg markets. i'm sonali basak. traders are waiting for remarks from jerome powell. he is set to begin and a few minutes and we will bring you the comments live when they begin. the s&p 500's near session highs. it is past 5220 up about .3%. the nasdaq 100 up on the day about .4%. new york route at the highest levels since october last year up about .7% holding above the $85 level and the u.s. dollar index taking a breather for a minute in conjunction with yields. we...
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Apr 15, 2024
04/24
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we will catch up with sonali basak. ♪ to me, harlem is home. but home is also your body. i asked myself, why doesn't pilates exist in harlem? so i started my own studio. getting a brick and mortar in new york is not easy. chase ink has supported us from studio one to studio three. when you start small, you need some big help. and chase ink was that for me. earn up to 5% cash back on business essentials with the chase ink business cash card from chase for business. make more of what's yours. i don't want you to move. from chase for business. i'm gonna miss you so much. you realize we'll have internet waiting for us at the new place, right? oh, we know. we just like making a scene. transferring your services has never been easier. get connected on the day of your move with the xfinity app. can i sleep over at your new place? can katie sleep over tonight? sure, honey! this generation is so dramatic! it's an amazing thing move with xfinity. when you show generosity of spirit to someone. and you want people to be saved and to have a better life, then you don't stop. the idea t
we will catch up with sonali basak. ♪ to me, harlem is home. but home is also your body. i asked myself, why doesn't pilates exist in harlem? so i started my own studio. getting a brick and mortar in new york is not easy. chase ink has supported us from studio one to studio three. when you start small, you need some big help. and chase ink was that for me. earn up to 5% cash back on business essentials with the chase ink business cash card from chase for business. make more of what's yours. i...