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(1048)

Daybreak Weekend: Jobs Report, Jay Powell Speaks, Government Spending

Daybreak Weekend: Jobs Report, Jay Powell Speaks, Government Spending

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 - Jobs Report, Jay Powell on Capitol Hill and Target earnings In the UK -...

2 Mar 202437min

Is There A Bullish Case For Britain?

Is There A Bullish Case For Britain?

The UK’s reputation as a global investment destination hit rock bottom last April, when Microsoft President Brad Smith said The European Union was a more attractive place to start a business.Yet 10 mo...

1 Mar 202441min

Galloway Wins In Rochdale, China Economy & Sticky Inflation

Galloway Wins In Rochdale, China Economy & Sticky Inflation

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Left-wing disrupter George Galloway won a seat in the UK Parliament in a special election that underscored...

1 Mar 202416min

Focus On Trump Grows & UK Weighs Ending Non-Dom Tax Status

Focus On Trump Grows & UK Weighs Ending Non-Dom Tax Status

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) The Supreme Court’s decision to take up Donald Trump’s bid for immunity from criminal prosecution raises th...

29 Feb 202416min

Wall Street Says Paris Je T'aime & Apple Scraps Its Electric Car

Wall Street Says Paris Je T'aime & Apple Scraps Its Electric Car

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Wall Street's biggest banks have seen staffing levels surge in Paris despite the fact that many of those f...

28 Feb 202422min

NATO Enlargement, China Share Purchases & Soaring Chocolate Prices

NATO Enlargement, China Share Purchases & Soaring Chocolate Prices

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Sweden has cleared the final obstacle to gaining NATO membership in a move that will solidify the alliance...

27 Feb 202416min

Hedge Fund Strategy Warning & Geopolitical Headwinds

Hedge Fund Strategy Warning & Geopolitical Headwinds

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) As the best hedge fund strategy of 2023 becomes a magnet for mainstream investors, the risk models it relie...

26 Feb 202416min

Daybreak Weekend: Fresh Data, Mobile World Congress, Baidu Earnings

Daybreak Weekend: Fresh Data, Mobile World Congress, Baidu 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 - Lowes earnings and fresh economic data In the UK - Its the Mobile World...

24 Feb 202438min

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