image missing
HOME SN-BRIEFS SYSTEM
OVERVIEW
EFFECTIVE
MANAGEMENT
PROGRESS
PERFORMANCE
PROBLEMS
POSSIBILITIES
STATE
CAPITALS
FLOW
ACTIVITIES
FLOW
ACTORS
PETER
BURGESS
SiteNav SitNav (0) SitNav (1) SitNav (2) SitNav (3) SitNav (4) SitNav (5) SitNav (6) SitNav (7) SitNav (8)
Date: 2024-02-26 Page is: DBtxt001.php txt00017710

News 191113
Bloomberg Evening Briefing

Bloomberg Evening Briefing

Burgess COMMENTARY

Peter Burgess
Headline: The wealthy are worried

Bloomberg Unsubscribe Nov 12, 2019, 6:06 PM (22 hours ago) to me

Bloomberg Wealthy people around the globe are hunkering down for a potentially turbulent 2020. A majority of rich investors expect a significant drop in markets before the end of next year. The U.S.-China trade conflict is their top geopolitical concern, while the upcoming presidential election is seen as another significant threat to portfolios. —David E. Rovella

Here are today’s top stories
  • A key issue in that election may be the potential impeachment and trial of President Donald Trump for high crimes and misdemeanors under the U.S. Constitution. Televised public hearings begin tomorrow in the House.
  • Senate Republicans have almost universally defended Trump against the charges—substantiated by a reconstructed White House telephone transcript, several impeachment witnesses and his own chief of staff—that he asked Ukraine to investigate Democratic presidential frontrunner Joseph Biden in exchange for releasing military aid approved by Congress. But they’ve also left themselves some wiggle room.
  • The five conservative members of the U.S. Supreme Court, including two appointed by Trump, seemed inclined to let the president cancel an Obama-era program that shields almost 700,000 young undocumented immigrants from deportation in a case with broad humanitarian ramifications.
  • Hong Kong protesters seeking democratic reforms and investigations of police violence called for disruption to the city’s busy commuter trains Wednesday. Fake news and rumors are stoking the conflict.
  • A federal appeals court ruling might change how home loans are valued in the secondary market, Stephen L. Carter writes in Bloomberg Opinion.
  • We asked 5,000 owners about what it’s like to live with Elon Musk’s electric car. Here’s what we found, and it’s bad news for BMW.
  • What’s Joe Weisenthal thinking about? The Bloomberg news director is thinking about “Green QE,” or having a central bank stimulate the economy while providing financing to climate initiatives by buying green bonds. Joe contends that, if you start to break down such killing-two-birds-with-one-stone proposals, they may not work out. Bundesbank chief Jens Weidmann recently gave a speech arguing that central banks should not be in the business of fighting climate change.
What you’ll need to know tomorrow
  • A nurses’ union endorsed Senator Bernie Sanders for president.
  • Putin pounces on Netanyahu when he’s down.
  • Corporations pile into the bond market as borrowing costs drop.
  • There may be a huge hole in California’s new rooftop solar rule.
  • Saudi Arabia gives its first permanent residencies to foreigners.
  • Charges against Russians in the 2016 election probe will expand.
  • Businessweek explains the rag trade that “bails out everyone.”
  • What you’ll want to read in Bloomberg Pursuits
  • The Ingredient Good For Gin, Jerky and Earth
It’s rare to get good news from the sea. Water temperatures are rising, fish stocks are falling and the ones we eat are increasingly full of microplastics. But the oceans do hold one positive portent: seaweed. It’s regenerative and carbon- and nitrogen-sequestering. Research suggests that, per acre, it can absorb more than 20 times as much carbon dioxide as a forest. And it’s really good as part of your favorite hot sauce, jerky or gin.

Like Bloomberg’s Evening Briefing? Subscribe to Bloomberg.com. You’ll get our unmatched global news coverage and two premium daily newsletters, The Bloomberg Open and The Bloomberg Close, and much, much more. See our limited-time introductory offer.

Sign up for the Bloomberg Recession Tracker: Bloomberg Economics crunches the numbers every month using our proprietary model to reveal the probability of a downturn over the next year. We’ll deliver an updated assessment of all relevant indicators, directly to your inbox. This free newsletter includes analysis showing whether recession risk is increasing or decreasing, with comparisons to the past month’s performance as well as previous recessions. Sign up here .

Download the Bloomberg app: It’s available for iOS and Android.

Before it’s here, it’s on the Bloomberg Terminal. Find out more about how the Terminal delivers information and analysis that financial professionals can’t find anywhere else. Learn more.

FOLLOW US Facebook Share Twitter Share SEND TO A FRIEND Share with a friend You received this message because you are subscribed to Bloomberg's Evening Briefing newsletter.

Unsubscribe | Bloomberg.com | Contact Us Bloomberg L.P. 731 Lexington, New York, NY, 10022

The text being discussed is available at

and
SITE COUNT<
Amazing and shiny stats
Blog Counters Reset to zero January 20, 2015
TrueValueMetrics (TVM) is an Open Source / Open Knowledge initiative. It has been funded by family and friends. TVM is a 'big idea' that has the potential to be a game changer. The goal is for it to remain an open access initiative.
WE WANT TO MAINTAIN AN OPEN KNOWLEDGE MODEL
A MODEST DONATION WILL HELP MAKE THAT HAPPEN
The information on this website may only be used for socio-enviro-economic performance analysis, education and limited low profit purposes
Copyright © 2005-2021 Peter Burgess. All rights reserved.