Just a quick calendar reminder:
November 2- Fed Decision
November 4- Jobs Report
November 8- Midterms
November 10- CPI Data
December 2- Jobs Report
December 13- CPI Data
December 14- Fed Decision
Some news!!! After 5.5 wonderful years in New York, today is my last day based here at our headquarters. I’m on to my next adventure… Washington! So excited for what’s to come with
@BloombergTV
. Stay tuned ✨
*US TREASURY CASH BALANCE DROPPED TO $49.5 BILLION ON WEDNESDAY
In case anyone was wondering, there are 24 individuals on the Bloomberg Billionaires list who have more money than the Treasury does right now.
Bloomberg's summer interns start today and I just realized I walked in the doors for the first time as an intern FIVE YEARS ago. Wow. Time flies when you're having fun.
If you don’t have Bloomberg
@crypto
on right now… turn it on! The famous
@kgreifeld
is co-hosting with me 😎 (also are peace sign still a thing or is this lame)
Investors who are male, over the age of 45, married or consider themselves as having “excellent investment experience” are more likely to “freak out” and dump their portfolio during a downturn via
@markets
*UK PRIME MINISTER LIZ TRUSS SAYS SHE'S RESIGNING
"I cannot deliver the mandate on which I was elected... I am resigning as leader of the Conservative party."
Pound says ✌️ to the shortest-serving PM ever
BREAKING: SVB has just become the first FDIC-insured institution to fail this year.
*FDIC: SVB BANK CLOSED BY CALIFORNIA REGULATOR
*FDIC: NAMED FEDERAL DEPOSIT INSURANCE FDIC AS RECEIVER
*FDIC: MOVE TO PROTECT INSURED DEPOSITORS OF SILICON VALLEY BANK
That’s a wrap for me for 2022! Man, what a doozy. Happy New Year everyone… here’s hoping it’s happier, healthier, more peaceful and less volatile for us all!
Reporting on American democracy from the birthplace of American democracy. Tune in for PA midterms coverage on
@BloombergTV
all day tomorrow & Wednesday! 🇺🇸
Between crypto insanity, midterms whirlwind, and the 3 hours of sleep I’ve gotten in the last 48 hours, I think I’ve reached peak mental and physical exhaustion. But MAN is it exhilarating. I love this job.
@paullyG12
@SamRo
If the Fed wants to get inflation down, they need to cool off the labor market (demand for workers needs to deteriorate, and sadly unemployment needs to go up). So jobs beating/still hot labor market = Fed might need to hike more = not good for risk assets
President Biden, speaking in Warsaw: "President Putin is confronted with something today he didn't think was possible a year ago- the democracies of the world have grown stronger, not weaker. But the autocrats of the world have grown weaker, not stronger."
Wishing a very happy Veterans Day weekend (and sending a big thank you) to all those who have served- including my own personal hero, my dad!
#flynavy
🇺🇸
Gensler did not want to talk about
#Bitcoin
or Crypto with
@kaileyleinz
today after their meeting where the SEC made changes to the treasury markets haha (admittedly he does have a point but Kailey focused on treasuries for 5 minutes before this question lol)
A lot of thoughts running through my head today, but I’ll stick with the data.
These are some statistics to consider as we think about the social and economic ramifications of today’s ruling— and the ways in which it could exacerbate gender, racial and income inequality:
"If one group of speculators wants to have a battle of wills with another group of speculators over an individual stock, God bless them... if they make money, fine. And if they lose money, that’s on them. " -Neel Kashkari, Minneapolis Fed President
Live outside of JPMorgan’s NYC headquarters this morning🎥 This office has already been open, but the bank is reopening other offices across the country today!
One year ago today, I was sick with Covid-19. I was lucky not to have had a severe case, but it was scary and not fun. Today, I just got my first dose of the vaccine. Feeling thankful for my health & for science, and hopeful for better days ahead!