Daybreak Weekend: Shutdown Averted, Autumn Statement, Fentanyl Crisis

Daybreak Weekend: Shutdown Averted, Autumn Statement, Fentanyl Crisis

Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week.

1) Earnings continue...one big company reporting this week is Nvidia. According to Bloomberg Intelligence...Nvidia is likely to report another beat in its fiscal 3Q earnings results and guidance.

2) In the UK: Chancellor of the Exchequer Jeremy Hunt likely has limited scope to ease fiscal policy in his upcoming Autumn Statement. Bloomberg Economics expects near-term growth and inflation impact of the Autumn Statement will be broadly neutral.

3) In Asia: The Biden administration’s decision to remove a Chinese organization from a sanctions list as part of a deal to combat the fentanyl crisis marks an unusual concession to Beijing’s complaints over US trade restrictions.

4) In Washington: President Joe Biden signed a stopgap bill to extend government funding into early 2024, averting a government shutdown for now but kicking a politically-divisive debate over federal spending into a presidential election year.

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Episoder(1044)

Powell Talks Transitory Risks, Tariffs  'China Shock' & Inheritance Tax Tactics

Powell Talks Transitory Risks, Tariffs 'China Shock' & Inheritance Tax Tactics

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Trump-Putin Call Confusion, Morgan Stanley Job Cuts & Has Paris Peaked?

Trump-Putin Call Confusion, Morgan Stanley Job Cuts & Has Paris Peaked?

Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) President Vladimir Putin refused to give Donald Trump the 30-day ceasefire in Ukraine he and his team had d...

19 Mar 202516min

UK Debt Pledge, Gaza Ceasefire Shattered & Stranded Astronauts Fly Home

UK Debt Pledge, Gaza Ceasefire Shattered & Stranded Astronauts Fly Home

Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) Rachel Reeves has defended her fiscal rules and pledged to bring down government borrowing, as the UK Chanc...

18 Mar 202515min

Trump-Putin Ceasefire Talks, 'Corrections Are Healthy' & DEI By Stealth

Trump-Putin Ceasefire Talks, 'Corrections Are Healthy' & DEI By Stealth

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) President Donald Trump said he’ll speak with Russian President Vladimir Putin on Tuesday, as the US continue...

17 Mar 202515min

Daybreak Weekend: Fed Preview, MS Conference, Tencent Earnings

Daybreak Weekend: Fed Preview, MS Conference, Tencent Earnings

Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week. In the US – a preview of next week’s Fed decision and earnings from FedEx. In the U...

15 Mar 202537min

‘Severe’ Trade War Fallout, S&P 500 Correction & Putin Wants Trump Talks

‘Severe’ Trade War Fallout, S&P 500 Correction & Putin Wants Trump Talks

Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) European Central Bank President Christine Lagarde warned that an escalation of disputes over trade levies k...

14 Mar 202516min

Trump Vows EU Retaliation, US Shutdown Market Fears & Risky Russia Bets

Trump Vows EU Retaliation, US Shutdown Market Fears & Risky Russia Bets

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) President Donald Trump said the US would respond to the European Union’s countermeasures against his new 2...

13 Mar 202517min

 Trump Enacts Metal Tariffs, EU Retaliation, Ukraine Talks & Mental Health Costs

Trump Enacts Metal Tariffs, EU Retaliation, Ukraine Talks & Mental Health Costs

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) President Donald Trump’s 25% tariffs on steel and aluminum imports came into force Wednesday, triggering a r...

12 Mar 202526min

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