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(1045)

'Bond King' Talks Selloff, Property Peril & CEO Pay

'Bond King' Talks Selloff, Property Peril & CEO Pay

On today's podcast:(1) Global bonds are doomed to keep falling unless we see a sustained slump in equities - according to analysts from Barclays. (2) Bill Gross says stocks are "clearly overvalued" an...

5 Okt 202319min

UPDATE: A Global Bond Rout Shakes Markets

UPDATE: A Global Bond Rout Shakes Markets

On today's podcast: (1) The 30-year US Treasury yield touches 5% for the first time since 2007. (2) Unstoppable bond yields crank up the pressure on equity markets around the world. (3) Republican Kev...

4 Okt 202314min

Sunak Speech, McCarthy Out & Ray Dalio Talks

Sunak Speech, McCarthy Out & Ray Dalio Talks

On today's podcast: (1) Rishi Sunak seeks to put the Tory agenda back on track as HS2 dominates headlines. (2) Republican Kevin McCarthy is toppled US House speaker by those in his own party. (3) Pala...

4 Okt 202321min

HS2 Indecision & JPMorgan CEO Interview

HS2 Indecision & JPMorgan CEO Interview

On today's podcast:(1) Reports a key part of HS2 is about to be scrapped throw Rishi Sunak's pre-election narrative off track. (2) Bank of England policymaker Catherine Mann says interest rates have o...

3 Okt 202317min

Tax Tensions, Water Bills To Soar & Bill Ackman Courts Elon Musk

Tax Tensions, Water Bills To Soar & Bill Ackman Courts Elon Musk

On today's podcast: (1) Jeremy Hunt will today say he's increasing the National Living Wage to at least £11 an hour amid growing party discontent over Britain's tax burden. (2) A stop-gap spending bil...

2 Okt 202316min

Bloomberg Daybreak Weekend: Shutdown, SBF, UK Politics

Bloomberg Daybreak Weekend: Shutdown, SBF, UK Politics

Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking for you in the coming week including an impending government shutdown, the start of the trial of Sam Ban...

30 Sep 202334min

Stock Rout, Black Brits Pushed Out & US Shutdown Looms

Stock Rout, Black Brits Pushed Out & US Shutdown Looms

On today's podcast: (1) Global stocks are on course for their worst month in a year. (2) French Competition Regulators reportedly search the offices of Nvidia. (3) US workers prepare for missed pay ch...

29 Sep 202316min

Odey Recording, UBS Probe & A Rewilding Bet

Odey Recording, UBS Probe & A Rewilding Bet

On today's podcast: (1) Crispin Odey joked about his accusers and blamed the 'woke brigade' for the downfall. (2) The US Department of Justice has stepped up its probe of Credit Suisse & UBS on sancti...

28 Sep 202315min

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