On this edition of Wall Street Week, Bob Michele, JPMorgan Asset Management CIO & Global Head of Fixed Income & Erin Browne, PIMCO Portfolio Manager, wrap up the week in the markets. Brian Moynihan, Bank of America Chairman & CEO on the state of the US consumer. Former US Treasury Secretary Lawrence H. Summers weighs in on how he thinks the Fed can battle inflation.
——–
Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more:
Connect with us on…
Twitter:
Facebook:
Instagram:
source
MAKE A GOOD CONNECTION WITH THAT ———– > WHO IS BUYING 9T$ OF US FED DEBT?!!!!!!!!!!!!!! NOBODY!!!!!!!!!!!!!!!:) < ——— JAPAN + CHINA ARE SELLING OFF US T- BONDS MORE AND MORE FURTHER AND FURTHER, INDEED THEY HAVE BEEN SELLING OFF US T- BONDS 6 MONTH CONSECUTIVELY AND CHINA HAS EVEN LESS THAN 1T$ VALUE OF US T- BONDS < ———– SO WHAT IS GOING TO HAPPEN TO US INFLATION?!!!!!!!!!!:) DO THE MATH!!!!!!!!!!!!!!!!!!!!!!!!!!!!:) BUT STILL KING US$?!!!!!!!!!!!!!!!!!!!!! HAHAHAHAHAHAHAHAHAAHA ABSURD!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! 🙂
AGAIN AND AGAIN ———– > THIS IS A FACTOR TO BE A JOKE?!!!!!!!!!!!!!!!!:) ——— > THAT IS REALLY HAPPENING IN US ECONOMY!!!!!!!!!!!!!!!:) —————— > SEE? MATH NEVER TELL YOU A LIE AS I'VE SAID MANY TIMES!!!!!!:) WE ARE STRAIGHTLY HEADING TOWARDS THE BIGGEST EVER ECONOMIC CRISIS SINCE THE BEGINNING OF THE 20TH CENTURY ———- >. Overseas Funds Cut China Sovereign Bonds for Record Fifth Month PBOC data show foreigners offloaded yuan bonds in June Chinabond has yet to release official figures for last month Bloomberg News July 21, 2022 at 9:44 AM GMT+8. VS China holdings of U.S. debt fall below $1 trillion for the first time since 2010 China’s holdings of U.S. debt have fallen below $1 trillion for the first time in 12 years amid rising interest rates that have made Treasurys … Jeff Cox 7/19/2022 4:00:06 AM
AGIAN AND AGAIN AND REALLY 2ND Q OF US ECONOMY WILL BE (+) 0.4% GDP GROWTH UNDER +8 – +9 STAGFLATION??!!!!!!!!!!!!???? ALL OF SUDDEN FROM (-) 2.1% GDP INDICATOR??!!!!!!!!!!!! AGAIN AS I'VE SAID THAT MARKET IS NOT ABLE TO TRUST ECONOMIC DATA UNDER BINDEN REGIME ESP SINCE MARCH OF 2022 ———— > MORE AND MORE BUBBLES OF US$ + T- BONDS + EURO + CHINA YUAN MEANS MORE AND MORE COMMODITY PRICES HIKING ESP GOLD PRICE HAS NO OTHER OPTIONS BUT GOING UP AND UP TO RECOVER 2K$ VERY VERY SOON + OIL PRICE WILL BE IN 140$ BB/LS BY THE END OF SEP MEANS ——— > STILL KING US$? = MORE AND MORE BUBBLES? !!!!!!!!!!!!!!!!!!!!!:) ——— > US ECONOMY 1ST Q 2022 (-)1.6% —– > 2ND Q 2022 (-) 2.1% CONSECUTIVELY (-) GDP GROWTH BUT STILL NO RECESSION?!!!!!!!!!!!!:) < ——– NO STAGFLATION?!!!!!!!!:) < ———— AGAIN AND AGIAN STOCK MARKET CANNOT ABSORB THE SURPLUS US$ FROM EVERYWHERE BACK TO USA!!!!!!!!!:)
YOU WILL SEE S&P 500 DOWN TO THE LEVEL OF 3150 – 3350 BEFORE END OF AUG!!!!!!!!!:) < ——- THIS IS ALL BECAUSE OF FINANCIAL ENGINEERING PROBLEMS < ——– WE WILL HAVE MORE AND MORE HIGH INFLATION COMING TO HIT THE ECONOMY!!!!!!!!:)
WE ARE SEEING THE LAST MOMENT OF US$ + T- BONDS ( + EURO + CHINA YUAN(+H.K$) + BITCOIN)!!!!!!!!!!!!!!!!!!!!!!:) ————– > 0% EXAGGERATION THAT EX) UNDER 8% – 9% INFLATION, HOW CAN US COMPANIES EARNINGS BE GOOD SINCE THE IMBALANCE BETWEEN US PPI + 11.3% VS CPI + 9.1% VS WAGE GROWTH + 5.3% BASED ON JUST 62.2% LABOR PARTICIPATION RATE?!!!!!!!!!!!!!:) < ——- AGAIN AND AGIAN 3RD Q EARNINGS WILL BE EVEN MORE TERRIBLE THAN 2ND Q AND OF COURSE 4TH Q EARNINGS WILL BE THE WORST OF THE 2022!!!!!!!!!!!!!!!!!!!!!:) < ———– MORE AND MORE COLLAPSE OF US STOCKS + T- BONDS < ———- NO QUESTION ABOUT IT!!!!!!!!:) < ——– IT'S GREAT TIME TO BUY GOLD + OIL FROM STOCKS BONDS TRASHES LIKE US$ CHINA YUAN (+H.K$) EURO BITCOIN!!!!!!!!!!!!!:)
AGAIN AND AGAIN WHO IS GOING TO BUY 9T$ DEBT OF US FED?!!!!!!!!!!!!!!!:) < ————– WHY GOLD PRICE HAS NO OTHER OPTIONS BUT GOING UP AND UP?!!!!!:) ——— > CHINA HAS EVEN MUCH MORE SEVERE US$ LIQUIDITY PROBLEMS THAT < ——- CHECK THIS OUT ———– > China Junk Bonds on Brink of Record Low as Property Woes Grow By Wei Zhou Chinese junk dollar bonds are hovering near a record low set in March, as the country’s property crisis deepens with pain spreading from developers to suppliers and banks. July 19, 2022
MORE AND MORE INFLATION COMING TO HIT THE US ECONOMY WE WILL SEE + 10% CPI NUMBER BEFORE END OF 2022 ———– > FOR EXAMPLE) US CPI FOR JUNE +9.1% MEANS JUNE ONLY YOU 'VE LOST – 9.1% IN REAL VALUE OF US$ IF YOU HAD US$ + EVEN MUCH MORE LOSS FROM T- BONDS ———- > GOLD + OIL PRICES HAVE ANY OTHER OPTIONS BUT GOING UP AND UP TO THE SKY?!!!!!!!!!!!!!:) < ———– AGAIN AND AGAIN DO THE MATH THAT NOW JAPAN + CHINA ARE SELLING OFF THE US T- BONDS 6MONTHS CONSECUTIVELY MEANS CHINA + JAPAN ARE NO LONGER BUYING US DEBT ESP MEANS WHO IS GOING TO BUY 9T$ BALANCE SHEET OF THE FED?!!!!!!!!!:) < ———- MORE AND MORE WALL ST OR EUROPEAN INSTITUTIONS ARE BUYING T – BONDS + EU BONDS = MORE AND MORE SUPER STAGFLATION COMING TO HIT THE ECONOMY!!!!!!!!!:) ———- > AGAI AND AGAIN THIS IS ALL BECAUSE OF ABSURDLY BUBBLED US$'S VALUE + EURO + BONDS IN THOSE REGIONS!!!!!!!!!!!!!!!!:) ———– > END IS END!!!!!!!!!!!:)
SIMPLE ECONOMIC FACT THAT INCREMENTAL INFLATION IN US ECONOMY HAS CAUSED A RECESSION HOWEVER STILL US 10YR BOND YIELD IS EVEN BELOW 3.0% (= 2.754%)!!!!!!!!!!!!! ——— > 2.754% – US CPI (+) 9.1% = (-) WOW 6.3460%!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:) EVEN AFTER US FED FUNDS RATE HAS HIKED BY 150BP SINCE MARCH BUT STILL EVEN BELOW 3% MEANS MORE ADN MORE SUPER STAGFLATION IS COMING TO HIT THE ECONOMY BECAUSE OF TOOOOOOOOOOOOOOOOOO MUCH BUBBLES OF US$ + T – BONDS YIELDS!!!!!!!!!!!!!!!:) < ———— AGAIN AND AGAIN WHO IS BUYING US DEBT? NOBODY WANTS TO T- BONDS BECAUSE US ECONOMY IS STRAIGHTLY GOING INTO THE GREATEST ECONOMIC CRISIS EVER SINCE THE BEGINNING OF THE 20TH CENTURY < ———- MEANS TOOOOOOOOOOOOOOOOO LATE TO DEAL WITH IT AND INEVITABLY US ECONOMY IS NOT ABLE TO OUT OF THE GREATEST CRISIS!!!!!!!!:)
WHO DENIES THE FACT?!!!!!!!!!:) ———— > WE ARE SEEING THE LAST MOMENT OF US$ + T- BONDS ( + EURO + CHINA YUAN(+H.K$) + BITCOIN)!!!!!!!!!!!!!!!!!!!!!!:) < ——— AS I'VE SAID MANY TIMES THAT CHINA + H.K WILL NEVER REOPEN EVEN AFTER 2030YR AND ITS GDP GROWTH FOR 2022 WILL BE EVEN BELOW 3% MEANS 2.2% – 2.4% AND IT WILL BE EVEN WORSE AND WORSE IN COMING YEARS!!!!!!!!!!:) DO THE MATH!!!!!!!!!!!!!!!!:)
P.S AGAIN AND AGAIN MORE AND MORE FINANCIAL ENGINEERING PROBLEMS TO CAUSE MORE AND MORE BUBBLES OF US$ + T- BONDS PRICE < ———— AFTER JULY 27TH US FED FUNDS RATE WILL BE 2.25% – 2.50% AT LEAST (+75BP FROM NOW AT 1.5% – 1.75%) < ————- > HOWEVER US 10YR YIELD IS HOVERING ABROUD 2.7% – 2.8% UNDER +9.1% INFLATION BECAUSE OF AN HUGE EXCUSE OF 'RECESSION'? < ————- HOW CAN IT BE????< ———— HOWE CAN IT MAKE ANY SENSE????? < ————- BECAUSE STILL KING$$?? AND KING T – BONDS??? HAHAHAHAHAHAAHAAHAAAHAAH JUST GETTING INTO THE BIGGEST DEEPER AND DEEPER ECONOMIC CRISIS EVER SINCE THE BEGINNING OF 20TH CENTURY!!!!!!!!!!!!:) < ———— AGAIN AND AGIAN WE ARE SEEING THE LAST MOMENT OF THE US$ + T – BONDS + BITCOIN + CHINA YUAN (+H.K$) + EURO!!!!!!!!!!!!!!:)
SO THE TRUTH IS THAT US REAL YIELD IS GETTING INTO (-) INTEREST RATE FROM (+) RATE AT PRESENT JUST LIKE EUROPEAN FINANCIAL MARKET + CHINA FINANCIAL SYSTEM!!!!!!!!!!!!!!!!!!!!:) < ———- MEANS US FED FUNDS RATE WILL BE THIS WEEK AFTER 27TH AT 2.25% – 2.5% VS US 2YR BOND (2.9721%) + 10YR BOND YIELD(2.754%) WILL BE GOING BELOW 2.5% MEANS (-) INTEREST RATE IN REAL YIELD!!!!!!!!!!!!!!:) CHINA ITS 10YR YIELD IS AT 2.8000% VS ITS LPR (1YR 3.7% + 5YR 4.45%) MEANS BAESD ON 1YR (-)0.9% + 5YR (-) 1.65%!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:) < ———- SEE?!!!!!!!!! NOW WE ARE GETTING BACK TO (-) INTEREST RATES DAYS < ———— MORE AND MORE SUPER STAGFLATION IS INEVITABLY COMING TO HIT THE ECONOMY ——— > WHAT ELSE CAN YOU HEDGE AGAINST THE SUPER STAGFLATION EXCEPT GOLD + OIL?!!!!!!!!!!!!!:)
WELCOME US ECONOMY TO JOIN THE (-) INTEREST RATE WORLD!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:) ———- > DO THE MATH ———– > SO THE TRUTH IS THAT US REAL YIELD IS GETTING INTO (-) INTEREST RATE FROM (+) RATE AT PRESENT JUST LIKE EUROPEAN FINANCIAL MARKET + CHINA FINANCIAL SYSTEM!!!!!!!!!!!!!!!!!!!!:) < ———- MEANS US FED FUNDS RATE WILL BE THIS WEEK AFTER 27TH AT 2.25% – 2.5% VS US 2YR BOND (2.9721%) + 10YR BOND YIELD(2.754%) WILL BE GOING BELOW 2.5% MEANS (-) INTEREST RATE IN REAL YIELD!!!!!!!!!!!!!!:) CHINA ITS 10YR YIELD IS AT 2.8000% VS ITS LPR (1YR 3.7% + 5YR 4.45%) MEANS BAESD ON 1YR (-)0.9% + 5YR (-) 1.65%!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:) < ———- SEE?!!!!!!!!! NOW WE ARE GETTING BACK TO (-) INTEREST RATES DAYS < ———— MORE AND MORE SUPER STAGFLATION IS INEVITABLY COMING TO HIT THE ECONOMY ——— > WHAT ELSE CAN YOU HEDGE AGAINST THE SUPER STAGFLATION EXCEPT GOLD + OIL?!!!!!!!!!!!!!:)
GOLD + OIL PRICES HAVE NO OTHER OPTIONS BUT GOING UP AND UP TO THE SKY ————- > WELCOME US ECONOMY TO JOIN THE (-) INTEREST RATE WORLD!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:) ———- > DO THE MATH ———– > SO THE TRUTH IS THAT US REAL YIELD IS GETTING INTO (-) INTEREST RATE FROM (+) RATE AT PRESENT JUST LIKE EUROPEAN FINANCIAL MARKET + CHINA FINANCIAL SYSTEM!!!!!!!!!!!!!!!!!!!!:) < ———- MEANS US FED FUNDS RATE WILL BE THIS WEEK AFTER 27TH AT 2.25% – 2.5% VS US 2YR BOND (2.9721%) + 10YR BOND YIELD(2.754%) WILL BE GOING BELOW 2.5% MEANS (-) INTEREST RATE IN REAL YIELD!!!!!!!!!!!!!!:) CHINA ITS 10YR YIELD IS AT 2.8000% VS ITS LPR (1YR 3.7% + 5YR 4.45%) MEANS BAESD ON 1YR (-)0.9% + 5YR (-) 1.65%!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:) < ———- SEE?!!!!!!!!! NOW WE ARE GETTING BACK TO (-) INTEREST RATES DAYS < ———— MORE AND MORE SUPER STAGFLATION IS INEVITABLY COMING TO HIT THE ECONOMY ——— > WHAT ELSE CAN YOU HEDGE AGAINST THE SUPER STAGFLATION EXCEPT GOLD + OIL?!!!!!!!!!!!!!:)
Very interesting news. Thanks you!
P.S WE ARE SEEING THE LAST MOMENT OF BITCOIN!!!!!!!!!!:) THERE WILL BE ANOTHER HUGE COLLAPSE COMING VERY VERY SOON!!!!!!:)
P.S IT'S A BIG TIME TO BUY ' YEN' GRADUALLY IN THE 4TH Q AND COMING YEARS!!!!!!!!:0
Fighting 8.5% inflation (more like 35%) with a 1% Fed funds interest rate is like stopping a forest fire with a bucket of water. Folks prepare accordingly. Make investment in other not to depend on the government for funds..
Erin is absolutely correct on equities. I don’t know bonds, so Bob may be correct for that segment
Europe and the EU is NOT the same…
To back of America CEO, i don't buy it respectfully
Moynihan should have been fried in 2008 – not a typo. Why is this guy still being paid? Let's go, Brandon!
I think Summers thought the zombie banks should have been nationalized and their CEOs fried in 2008 rather than bailed out with public funds, and I agreed. The political and financial disaster is ongoing and permanent and cannot be fixed.
The Fed does not take its credibility seriously, and it uses Forward Guidance to mislead while giving inside guidance to Demigarchs while bailing them out, all along claiming to be Transparent and Independent, which is not the case. Powell should not have been confirmed.
Student debt relief is necessary to help keep the DNC cabal/Plantation in Total Dem Power (TDP) indefinitely and to re-olect Biden in 2024.
Russia uses oil as a weapon how about sanctions that's used as a weapon
Bonds? The name’s James Bonds…
Yellow hair black eyes. Weird
See its hard to watch them say ohh average Americans what is that only 10 to 15 % is a working middle class family the rest are poor but for 1% that is the richest human beings to ever live on this planet i would be hiring armies and taking care of them closest to u money and power only go so far when most Americans will be suffering extremely bad this winter and looking at you when they are hungry
What is double deterrence?
Stop advertising for china
i will never put any penny in china.
Invest in United States
Labour market is stong, Ford, Shopify, Meta are all laying off. Wait for the numbers come out, with the GDP going down again, Unemployment rising and Inflation the same. The Fed has allowed transitory inflation to paint themself into a corner.
Looks like Erin is totally wrong
Although< I have interests in global economics I don't watch the news anymore… I have enough FUD. Thanks for this news and offering your insight on how to navigate during unfortunate times/events like this. You're right about keeping level headed when investing so that's why I think it's important to limit the amount of FUD we consume. I don't watch the media but the news that you present has enough to know issues going on without riding the emotional rollercoaster if I were to watch the news everyday. Now I buy and just trade long term more than ever, I have made over £728k from day trading with Dunham Egor Signal in few weeks, this is one of the best medium to backup your assets incase it goes bearish…. For crypto related issues Dunham Egor can be reached on ͲeIÑ”É É¾Î±m👉DUNHAMEGOR