On this edition of Wall Street Week, Sonal Desai, Chief Investment Officer with Franklin Templeton Fixed Income, and Ellen Lee, Causeway Capitol Management Director & Fundamental Portfolio Manager, on the week in the markets. Former US Treasury Secretary Larry Summers on the August jobs report. And Jessica Caldwell of Edmunds on investing in the EV industry.
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2. IN TERMS OF MICRO ECONOMY ———- > AGAIN US LABOR QUALITY DEFINED BY THE LABOR PRODUCTIVITY HAS BEEN DOWN AND DOWN IN CONNECTION WITH THE MMT MEANS —— > DO THE SIMPLE MATH THAT US LABOR PRODUCTIVITY IS (-) 4.1% VS ITS LABOR COST + 10.2% VS WAGE GROWTH +5.2% VS STAGFLTION + 8.5% < ——- MEANS (-) 4.1% – (+)10.2% = LABOR COST RANGE BETWEEN (-)6% – (-) 14% BASED ON (+) 5.2% WAGE GROWTH VS WAGE GROWTH (+) 5.2% + LABOR COST (+) 10.2% = +15% – + 26% < ——– MEANS US COMPANIES SHOULD PASS ON THOSE COSTS IN HIRING PEOPLE TO THE CUSTOMERS < ——– SO HOW A SIMPLE 'PHILLIPS CURVE' BETWEN PPI VS CPI VS WAGE CAN BE WORKING IN TERMS OF MICRO ECONOMY IN US ECONOMY ——- > OF COURSE THERE WILL BE MORE AND MORE SUPER STAGFLATION IS INEVITABLE FACTOR TO MOVE THE US ECONOMY BY THE BUBBLED US$ = TOOOOOOO EXPENSIVE T – BONDS!!!!!!!!!!!!:) < —— THIS IS THE SIMPLE DYNAMICS OF THE STAGFLATION HAS BEEN TOOOOOOOOOOOOOOOOO FIRMLY ENTRENCHED IN THE US ECONOMY NOW AND IT WILL BE GOING ON AND ON FOR MANY YEARS TO COME!!!!!!!!:)
Another nice duet I liked the other duet as well from a few weeks ago and I'm also glad to see flashbacks from Lewis ruckauser
It's nice and important to to have the workforce participation rate go up however it needs to go even higher even though the workforce participation rate has been low for things like child care or homeschool or other types of home Care there's still many out there that can readily return to the workforce therefore helping to alleviate the supply chain issues in tight labor market but the workplace needs to be an enticing place for them as well as the customer
AGAIN AND AGIAN FED IS ALREADY LOSING A HUGE FIGHT WITH THE MARKET THAT CHECK THIS OUT ——– > AS I'VE SAID THAT NOW US 30YR MORTGAGE RATE HAS CROSSED THE CRITICAL LINE OF 6% BASED ON 3.1% – 3.2% US 10YR BOND YIELD FROM FED FUNDS RATE JUST AT 2.5% ——— >. WOW!!!!! + 6.08%!!!!!! ——– > Today's national 30-year mortgage rate trends On Saturday, September 03, 2022, the current average 30-year fixed-mortgage rate is 6.08%, up 20 basis points over the last week. If you're looking to refinance your current mortgage, the average 30-year refinance rate is 6.05%, up 21 basis points since the same time last week.
AGAIN CHINA PBOC HAS ALREADY LOST A FIGHT WITH ITS OWN ECONOMY SINCE 3RD Q OF 2021 THAT IT HAS NO OTHER OPTIONS BUT PRINTING AND INJECTING MORE AND MORE ITS CURRENCY 'YUAN' INTO THE ECONOMY + ECB ALSO LOST A GAME WITH EU ECONOMY OFFICIALLY SINCE 1ST Q OF 2022 AND NOW JUST LIKE PBOC ECB HAS NO CHOICE BUT PRINTING AND INJECTING MORE AND MORE EURO INTO THE ECONOMY + NOW US FED IS LOSING A BIG WAR WITH ITS ECONOMY AND INDDED US ECONOMY HAS BEEN IN A HUGE RECESSION SINCE 2ND Q OF 2022 ——- > SO WHAT THE FED IS GOING TO DO TO DEAL WITH ITS OWN ECONOMY CONCLUSION IS THAT US FED IS ALSO GOING TO SAME PATH WITH ECB + PBOC OR US ECONOMY IS GETTING INTO THE BIGGEST ECONOMIC CRISIS EVER SINCE THE 2OTH CENTURY ——- > MEANS MORE AND MORE BUBBLES OF US$ = T – BONDS ARE FORMING AND FORMING ——– > AGAIN US FED HAS ALREADY LOST ALL OF ITS CREDIBILITY SINCE 2ND HALF OF 2021!!!!!!!!!!!!:)
ALSO AS I'VE SAID SINCE JUNE JOB REPORT CAME OUT THAT US ECONOMIC DATA ALSO HAD ALREADY LOST ITS CREDIBILITY THAT FOR EXAMPLE) ——- > HOW COULD US LABOR PARTICIPATION RATE IMPROVE FROM JULY AT + 62.1% TO AUG + 62.4%?????? < ——– > WHILE LABOR SLACK INDICATOR U(6) UNEMPLOYMENT RATE HAS BEEN UP FROM JULY +6.7% TO AUG + 7.0%!!!!!!!! = (+)0.3% + UNEMPLOYMENT RATE ALSO HAS BEEN UP FROM JULY + 3.5% TO AUG + 3.7% = (+) 0.2% + AVG 4 WEEKS JOBLESS CLAIMS MAINTAINED AT 241.50K !!!!!!!!!!!:) —— > IN OTHER WORDS DO THE MATH ——- > US LABOR PARTICIPATION RATE FOR AUG INDEED WENT DOWN TO THE LEVEL OF 61.7% – 61.9%!!!!!!!!!!!!:)
PEOPLE ARE STILL TOOOOOOOOO OPTIMISTIC ABOUT ENERGY CRISIS CAUSED BY MANY GEOPOLITICAL FACTORS + POLITICAL ENGINEERING PROBLEMS IN EU ———- > MEANS THERE WILL BE 'NO' ACTUAL SOLUTION TO SOLVE THE CURRENT EU ENERGY CRISIS BEFORE 2040YR UNLESS EU COUNTRIES TRY TO BUILD MORE AND MORE NUCLEAR + COAL POWER PLANTS!!!!!!!!!! < —— AS YOU CAN SEE THAT NOW OIL ( THE BIGGEST ENERGY SOURCE) IS BEING INTENTIONALLY PRESSED DOWN BY BIDEN REGIME ——— > MEANS INSTEAD OIL —— > LNG + COAL PRICES HAVE BEEN SOARING UP AND UP ——— > MEANS AS I'VE SAID MANY TIMES THAT IN ANYWAY THERE IS NO WAY TO REPLACE FOSSIL FUELS WITH SO CALLED GREEN ENERGY SUCH AS SOLAR + WIND ETC WITHIN TWO DECADES !!!!!!!!!!!!!!!!!! ——– > INDEED THERE ALREADY HAVE NOT BEEN ENOUGH INVESTMENT IN THE OIL & GAS INDUSTRY SINCE 2017YR – 2018YR ——- > MORE AND MORE SUPPLYING PROBLEMS ARE ON THE WAY SIMULTANEOUSLY WITH TOOOOOOOOOOOOO MUCH MONEY PRINTINGS ——– > MEANS MORE AND MORE STAGFLATION IN US + EU + CHINA ECONOMIES INTO EVEN AFTER 2030YR!!!!!!!!!:)
AGAIN AND AGIAN AS I'VE SAID MANY TIMES SINCE 3RD Q OF 2021 THAT CHINA (H.K) WILL NEVER REOPEN EVEN AFTER 2030YR ——- > THEY JUST GO EASING —— > CHOKING ——- > EASING —— > CHOKING OVER AND OVER AGAIN ———– > MEANS DO THE MATH WIH MANY FINANCIAL + SOCIAL + POLITICAL ENGINEERING FACTORS OF CHINA (+ H.K) INTO FACTORING ——- > THE CONCLUSION IS THAT CHINA GOVERNMENT WILL REOPEN BETWEEN 2040YR – 2045YR!!!!!!!!! < ——— MEANS BEFORE THAT CHINA XI REGIME HAS NO REASONS TO REOPEN CHINA (H.K)!!!!!!!!!!!!!!!!!!
CHINA 10YR YIELD IS AT 2.648% VS US 10YR YIELD IS AT 3.1950% = WOW!!!! (-) 54BP ( = 0.5470%)!!!!!!!!! ——– > MORE AND MORE MONEY – FLOWS ARE GETTING OUT OF CHINA (H.K) FINANCIAL SYSTEM ——- > MEANS MORE AND MORE SELLING OFF AGAINST ITS T – BONDS HOLDINGS BY CHINA WILL BE GOING ON AND ON JUST LIKE FOR THE LAST 7 MONTHS INTO COMING MONTHS AND YEARS ——– > INDEED CHINA IS GOING TO CHANGE ITS INTERNATIONAL TRADING PAYMENT SYSTEM FOR THEIR GOODS FROM US$ TO ITS YUAN BY THE END OF 2022 AT THE EARLIEST!!!!!!!!!!!:)
AGAIN AND AGAIN WE ARE SEEING THE LAST MOMENT OF US$ BONDS CHINA YUAN (H.K$) EURO BITCOIN AND SELL OFF EVERYTHING RELATED WITH CHINA + REAL ESTATE SECTOR!!!!!!!!!:) < ——— AGAIN GOLD + FOSSIL FUELS PRICES HAVE NO OTHER OPTIONS BUT GOING UP AND UP FOR THE MANY YEARS TO COME!!!!!!!:)
With payroll tax collections declining the jobs report seems out of wack.
Give up you lost
I advise y'all to forget predictions and start making a good profit now because future valuations are all speculations and guesses. The market is very unstable and you can't tell if it's going bearish or bullish. While myself and others are trad!n without fear of making loss others are being patient for the price to skyrocket
TheyTook away the Buy button, they wanted the movie theater industry to fail and used a global pandemic to facilitate it. instead of shorting it out of existence they could have used that money to save the industry. now you pay for being soulless. HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAH
Weak Bias BS reporting. Put the numbers up of year to date 2022 EV sales… oh didn't bother doing that… why? Im serious… what is Bloomberg and Edmund's ties to Ford and GM? Tesla 574,743
David Westin is good, no question there. BUT, Matt Miller and Catherine Hyde have done a seriously credible job filling in. Great job of following the thread of the dialogue and digging in deeper with relevant follow on questions with Sonali and Ellen to further illuminate key points!
The male host that kept interrupting Sonal at the beginning of the interview was really annoying. I wanted to hear what she had to say on this topics.
Missed DAVID WESTIN!!! Hope he's back soon!
40:20 Larry Summers represent the mentality that lead into WWII . Gorbachev failed USSR / Russia as a leader, his naivete and hope lead to the decline of the Russians & eastern block. For decades the west expand further and the claim of the GREAT SURRENDER makes leaders like Putin rise to power. Pride is the greatest sin for a reason : Larry's denial effectiveness of the FED and ignorance over Russian psyche will cause more pain in the coming years.
DO THE SIMPLE MATH ———- > WHY OIL PRICE IS GOING BACK TO THE LEVEL OF 130$ BB/LS – 140$ BB/LS IN SEP AT THE EARLIEST OR IN OCT THAT —————– > NOW US IS EXPORTING OIL AND GAS + REFINED PRODUCTS AT THE HIGHEST LEVEL SINCE 1776YR!!!!!! ITS DAILY EXPORTING CRUDE OIL BB/LS HAS BEEN WOW+ 5M BB/LS SINCE A COUPLE OF WEEKS AGO ———– > THOSE OIL BB/LS + LNG MBTU MOSTLY GOING TO EU <——- BUT EU'S INFLATION RATE IS GOING UP AND UP AT NOW + AVG 9.1%!!!!!!!!!!!:) < ——- IN OTHER WORDS EU'S INFLATION IS AS EVERYONE EXPECTED WILL BE HITTING THE RANGE OF 10% – 20% + /- NEXT YEAR BEFORE END OF 1ST HALF ———– > MEANS THAT US OIL AND GAS DAILY PRODUCTIONS CANNOT CATCH UP WITH CONSUMPTIONS < —— THE WORST PART FOR US ECONOMY IS THAT NOW UNDER BIDEN REGIME US SPR HAS BEEN GETTING TO THE BOTTOM MUCH MUCH MUCH FASTER THAN MARKET'S EXPECTATIONS, COULD BE DRIED UP IN THE END OF OCT OF 2022!!!!!!!!!!:) + < ———– AGAIN AND AGAIN BESIDES PHYSICAL OIL & GAS PRODUCTION ——— > IT IS TOOOOOOOOOOO LATE TO FIX THE FINANCIAL ENGINEERING PROBLEMS OF STAGFLATION ESP FROM TOOOOOOOOOOOO MUCH BUBBLED US$ = TOOOOOOOOOOOO EXPENSIVE US T- BONDS(=DEBT)
ALSO IN FACT NOW THE MOST SERIOUS PROBLEM IS NOT JUST FROM OIL & GAS SECTOR THAT IN ANYWAY WE ARE GOING TO HAVE THE ENTIRE ENERGY PROBLEMS THAT ———– > BIDEN REGIME + FED + CITI BANK + WELLSFARGO ETC HAVE BEEN TRYING TO PUSH DOWN THE OIL PRICE < ———— BUT IT ONLY HAS BEEN PUSHING UP AND UP OF LNG + COAL PRICES SINCE 2ND Q OF 2022 < ——– SO NO MEANING TO ARTIFICIALLY PUSH DOWN AND DOWN THE PHYSICAL + FUTURES OIL MAREKT BECAUSE ———- > IN ANYWAY WE ARE HAVING A HUGE ENERGY CRISIS IN COMING MONTHS AND YEARS JUST LIKE CHINA + EU BECAUSE FOR THE LAST 5 – 6 YEARS THERE WERE REALLY SHORTAGES OF INVESTMENT IN THE ENTIRE FOSSIL FUEL INDUSTRY!!!!!!!!!!!!!:)
P.S AGAIN AND AGAIN THERE WILL BE ANOTHER HUGE COLLAPSE OF BITCOIN COMING VERY VERY SOON!!!!!!!!!!!:) ———– > ONLY GOLD + OIL ARE THE SAFEST HAVEN ASSETS!!!!!!!!!!:)
ALSO REGARDLESS OF HIKING FED FUNDS RATE ———– > INEVITABLY MORE AND MORE MONEY PRINTINGS ARE COMING TO HIT THE ENERGY MARKET FROM USA + EU + CHINA < ——– BECAUSE THOSE ECONOMIES ARE GOING STRAIGHTLY INTO THE BIGGEST ECONOMIC CRISIS EVER SINCE THE BEGINNING OF THE 20TH CENTURY!!!!!!!!!!!!!:) ——- > MORE AND MORE STAGFLATION COMING AND COMING EVEN AFTER 2030YR < ——- COMMODITY SUPER CYCLE HAS NO OTHER OPTIONS BUT GOING ON AND ON FOR MANY YEAARS TO COME!!!!!!:)
AS I'VE SAID MANY TIMES SINCE 3RD Q OF 2021 THAT ———- > TOOOOOOOOOOOOOOOOOO EXPENSIVE BOND MARKET WILL BE GOING WEAKER AND WEAKER MORE AND MORE FURTHER AND FURTHER DEEPER AND DEEPER FOR MANY MANY MANY MANY MANY YEARS TO COME ——— > INDEED HUGE MONEY FLOWS HAVE BEEN ESCAPING FROM THE BOND MARKET!!!!!!!!!:)
Support ctzn24
AGAIN AND AGAIN DO THE MATH ——- >. IT'S STILL AN ENORMOUS TIME TO GO A BIG SHORT AGAINST STOCKS BONDS US$ BITCOIN EURO CHINA YUAN (+ H.K$) AGAIN SELL OFF EVERYTHING RELATED WITH REAL ESTATE SECTOR + CHINA!!!!!!!!!!!!:) INDEED US FED IS LOSING A FIGHT WITH STAGFLATION!!!!!!!!!!!!:)
Caroline Hyde can handle the host role alone better. Matt is out of his league. They clearly needed to be directing the traffic of the conversation better instead of allowing the trampling to run wild.
P.S I RARELY TALK ABOUT STOCKS, RELATED WITH SPECIFIC INDUSTRIAL SECTORS HERE BUT IF YOU DO WANT TO GET SOME STOCKS THEN ONLY STOCKS RELATED WITH ENERGY SECTOR ESP COAL AS I'VE MENTIONED IT IN JAN OF 2022!!!!!! YOU SHOULD HAVE IT FOR THE COMING – BACK – WINTER!!!!!!!!!:) BECAUSE IN ANYWAY FOSSIL FUELS ARE THE ONLY RELIABLE ENERGY SOURCE FOR HUMAN BEINGS STILL MANY YEARS TO COME AS I'VE SAID MANY TIMES SINCE THE 3RD Q OF 2021!!!!!!!!!!!!!!!!!!:) ——– > DO THE MATH WHY YOU SHOULD HAVE THE COAL – ENERGY RELATED STOCKS UNDER THE MOST SEVERE STAGFLATION, ALREADY FULLY ENTRENCHED IN MANY ECONOMIES!!!!!!!!!!!:)
Best back up team
Prob Bets on Madam Hyde’s Husband not appreciating her Wardrobe traded higher WoW. F.Y.I 411
Great content. What is govt int expense with rates at 3.5%, 4%, 4.5% Fed funds rate?
Ground up multi power supply plant and facility energy assurance geothermal steam and or natural gas well to power it and cool and heart the facility and make it far more efficient and independent from the grid or could feed energy into the grid where possible.. how many multi billion ultra modern factory facilities with the best tech and machineries facilities can we aquire for 10 billion dollars.. what would a billion dollars per steel mill and advanced metallurgical production plant or plants.. ? Would there be enough women to fully staff and fill all of the positions nessesary if taken from the best schools and businesses similar globally, all women only companies.. ?
10 billion dollar agricultural start up in each nation, all women with the best women vetrinarians and herd stocks and grazing lands, collected for and funded by women workers and investors and stock and bonds trader groups .. .. I think it is possible .
Mr. Summers overlooks this: the result of free trade has been the loss of manufacturing jobs in the Rust Belt. Chicago, Detroit, Cleveland and more have endured decades of decline, broken homes, and rising crime. "We don't make that any more." And with that perhaps manufacturing and blue-collar employment has now been shunned. Our pool of workers willing and able to participate in the jobs tied to the reindustrialization of America is now small. I hope Mr. Summers can turn his brilliant mind toward reinvigorating our public schools with a strong, government-sponsored STEM curriculum. We have 11 million job openings now. If we are to find the workers able to fill these slots, it is mandatory we recreate and upgrade our public schools.
Investing in China is not good for you
It’s never going to work
Globalization is not good for anyone. Internal legislation is good for our economy. We need to go back to the old market. By American build American and produce in America. We do not produce anything all we do is service what we already have nothing more nothing less.
Transfer of wealth usually occur during market crash, I've been looking up strategies and apparently both bull and bear market condition provides equal avenue to accrue massive gains, and a news article particularly mentioned a 54 year old that made $180k in 8weeks, how do I learn these strategies, my portfolio has been stagnant for months.
Matt Miller is really not qualified to host this show.