China Growth, US Bank Outflows And Blackrock Shuns The 60/40

China Growth, US Bank Outflows And Blackrock Shuns The 60/40

Your morning briefing, the business news you need in just 15 minutes.

On today's podcast:

(1) China's economy bounces back as consumers splash the cash.

(2) Deposit outflows top $60bn at key US lenders as customers hunt for better return.

(3) Apple teams up with Goldman to offer market-leading savings rates.

(4) Blackrock advises investors to ditch the 60/40 portfolio to navigate higher interest rates.

See omnystudio.com/listener for privacy information.

Episoder(1049)

Daybreak Weekend: Biden Prepares for Xi Meeting, Inflation Data, Government Shutdown

Daybreak Weekend: Biden Prepares for Xi Meeting, Inflation Data, Government Shutdown

Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week.1) We preview this week's upcoming CPI and PPI data 2) The Dubai Airshow kicks off th...

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World Biggest Bank Hacked, Powell's Rate Caution & Airlines Skirt Warzones

World Biggest Bank Hacked, Powell's Rate Caution & Airlines Skirt Warzones

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) On Thursday, trades handled by the world's largest bank in the globe's biggest market traversed Manhattan ...

10 Nov 202315min

Hillary Clinton Talks Geopolitics, Meloni's Big Year & Morgan Stanley Scrutiny

Hillary Clinton Talks Geopolitics, Meloni's Big Year & Morgan Stanley Scrutiny

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) Israel said about 50,000 Palestinians fled to southern Gaza as the army pushed deeper into Hamas stronghold...

9 Nov 202316min

Saudi-Israel Ties, Nestlé's Ukrainian Chocolate Operation & $4 Trillion Sidelined

Saudi-Israel Ties, Nestlé's Ukrainian Chocolate Operation & $4 Trillion Sidelined

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) Saudi Arabia's investment minister tells Bloomberg talks aimed at a normalization of diplomatic ties with I...

8 Nov 202316min

UBS Losses, Civilian Life & Death Inside Gaza & WeWork Bankruptcy

UBS Losses, Civilian Life & Death Inside Gaza & WeWork Bankruptcy

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) UBS has posted a net loss of $785 million for the third quarter, it's the bank's first loss since 2017. (2)...

7 Nov 202319min

Troops Encircle Gaza City, Buffett's Cash Pile & Germany's Far Right

Troops Encircle Gaza City, Buffett's Cash Pile & Germany's Far Right

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Israeli troops have entirely encircled Gaza City, effectively cutting off the northern part of the strip f...

6 Nov 202316min

Daybreak Weekend: UBS Earnings on Tap, Walt Disney to Follow

Daybreak Weekend: UBS Earnings on Tap, Walt Disney to Follow

Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week.  1) We get Disney earnings this week after, the company said it plans to buy Comcast...

4 Nov 202335min

Bankman-Fried Guilty, Blinken in Tel Aviv, Andrew Bailey Interview

Bankman-Fried Guilty, Blinken in Tel Aviv, Andrew Bailey Interview

On today's podcast:1) Sam Bankman-Fried has been convicted of a massive fraud that led to the collapse of his FTX exchange. 2) US Secretary of State Antony Blinken lands in Tel Aviv for talks with Pri...

3 Nov 202323min

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