Lots More With Neil Dutta
What to think about the events of this week #press
https://www.bloomberg.com/news/articles/2023-09-15/lots-more-with-neil-dutta?utm_source=press.coop
Bloomberg Markets :press:
markets_at_press.coop@mostr.pub
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Breaking news and analysis on global financial markets
( feed imported by https://press.coop )
Shale Drillers Boost US Gas Rigs for the First Time Since July
Shale explorers in the US ramped up natural gas drilling this week for the first time in more than two months, pressuring prices for the power-plant fuel lower. #press
https://www.bloomberg.com/news/articles/2023-09-15/shale-drillers-boost-us-gas-rigs-for-the-first-time-since-july?utm_source=press.coop
Bloomberg Surveillance 09/15/2023
Tom Keene, Jonathan Ferro and Lisa Abramowicz have the economy and the markets "under surveillance" as they cover the latest in finance, economics and investment, and talk with the leading voices shaping the conversation around world markets. This show is simulcast worldwide on Bloomberg Television and Radio. (Source: Bloomberg) #press
https://www.bloomberg.com/news/videos/2023-09-15/bloomberg-surveillance-09-15-2023?utm_source=press.coop
Texas Monitor Says New Grid Rules Raised Costs by $8 Billion
The Texas grid operator’s latest effort to ensure grid reliability likely raised real-time power costs by about $8 billion in just three months by creating an artificial scarcity of supply, according to an analysis by the independent market monitor. #press
https://www.bloomberg.com/news/articles/2023-09-15/texas-monitor-says-new-grid-rules-raised-costs-by-8-billion?utm_source=press.coop
Weekly ABS Issuance Jumps to Highest in Years
Issuance of new asset-backed securities reached the highest weekly total since at least 2016 as lenders and borrowers returned from summer holidays ready to seize on sanguine markets. #press
https://www.bloomberg.com/news/articles/2023-09-15/weekly-abs-issuance-soars-to-highest-in-years-structured-weekly?utm_source=press.coop
Marcelo Claure’s Bicycle Capital Makes First Startup Investment
Marcelo Claure, the former SoftBank Group Corp. executive, made a first investment in his recently launched venture capital fund Bicycle Capital, helping to fund a Brazilian motorcycle rental startup. #press
https://www.bloomberg.com/news/articles/2023-09-15/claure-s-bicycle-capital-makes-first-startup-investment?utm_source=press.coop
Planet Fitness Tumbles While Wall Street Mulls Abrupt CEO Departure
Planet Fitness Inc. sank after the company announced the immediate departure of its Chief Executive Officer Chris Rondeau, who’s held the position for more than a decade. #press
https://www.bloomberg.com/news/articles/2023-09-15/planet-fitness-tumbles-as-wall-street-mulls-abrupt-ceo-departure?utm_source=press.coop
New Show: Bloomberg Brief
“Bloomberg Brief” will deliver the market news, data and analysis you need to set your agenda. Show launches Monday, Sept 18 at 5:00am ET (Source: Bloomberg) #press
https://www.bloomberg.com/news/videos/2023-09-15/new-show-bloomberg-brief-video?utm_source=press.coop
An Inflation Jump Could Bring Junk Debt Default Wave, Bank of America Says
Inflation is showing early signs of picking up again in the US, and if it accelerates from here, US high-yield issuers could see a surge in defaults, according to Bank of America Corp. credit strategist Oleg Melentyev. #press
https://www.bloomberg.com/news/articles/2023-09-15/an-inflation-jump-could-bring-junk-debt-default-wave-bofa-says?utm_source=press.coop
Houston, We Have a Data Problem
Hello and welcome to the weekly Odd Lots newsletter, where Joe Weisenthal and Tracy Alloway bring you their thoughts on the most interesting developments in markets, finance and economy. #press
https://www.bloomberg.com/news/newsletters/2023-09-15/houston-we-have-a-data-problem?utm_source=press.coop
EU Ends Ukraine Crop Import Ban, Heightening National Tensions
The European Union is ending a ban on Ukrainian crop imports in five of its eastern countries in a move that risks a return to unilateral restrictions by member states. #press
https://www.bloomberg.com/news/articles/2023-09-15/eu-ends-ukraine-crop-import-ban-heightening-national-tensions?utm_source=press.coop
The Key Takeaways From UMich's Consumer Sentiment Index
University of Michigan Surveys of Consumers Director Joanne Hsu discusses the key takeaways from the latest consumer sentiment survey with Alix Steel and Guy Johnson on "Bloomberg Markets." (Source: Bloomberg) #press
https://www.bloomberg.com/news/videos/2023-09-15/the-key-takeaways-from-umich-s-consumer-sentiment-index-video?utm_source=press.coop
Private Credit's Popularity Surges
Park Square Capital Managing Partner Robin Doumar discusses private credit's popularity in the era of higher rates. (Source: Bloomberg) #press
https://www.bloomberg.com/news/videos/2023-09-15/private-credit-s-popularity-surges-video?utm_source=press.coop
Hsu: Consumers Expect Inflation to Keep Dropping
Joanne Hsu, University of Michigan surveys of consumers director, says consumers expect the slowdown in inflation to continue. (Source: Bloomberg) #press
https://www.bloomberg.com/news/videos/2023-09-15/instant-analysis-joanne-hsu-video?utm_source=press.coop
Aramco Buys Retailer Esmax in Chile to Expand Fuel Distribution
Saudi Aramco agreed to buy fuel distributor Esmax Distribucion SpA in Chile, the latest investment in the energy giant’s push to expand its refining and chemicals operations worldwide. #press
https://www.bloomberg.com/news/articles/2023-09-15/aramco-buys-retailer-esmax-in-chile-to-expand-fuel-distribution?utm_source=press.coop
ECB Shouldn’t Raise Rates Further, French Finance Minister Le Maire Says
The European Central Bank should not raise interest rates any further, French Finance Minister Bruno Le Maire said. #press
https://www.bloomberg.com/news/articles/2023-09-15/le-maire-sees-no-need-for-ecb-to-raise-interest-rates-further?utm_source=press.coop
San Diego Airport Is Latest Snazzy Makeover Financed by Bonds
San Diego International is joining the parade of airports getting an upgrade, bringing a little life to a once-busy sector of the slowing municipal-bond market. #press
https://www.bloomberg.com/news/articles/2023-09-15/san-diego-airport-is-latest-snazzy-makeover-financed-by-bonds?utm_source=press.coop
Danske Bank Offers Rates Above Zero on Some Accounts Amid Rising Ire
Danske Bank A/S, Denmark’s biggest lender, will introduce positive rates on some retail client accounts after lawmakers and consumer groups pressured the industry to match a jump in rates by the country’s central bank. #press
https://www.bloomberg.com/news/articles/2023-09-15/danske-offers-rates-above-zero-on-some-accounts-amid-rising-ire?utm_source=press.coop
ECB on Right Track, Rates Appropriate: France's Le Maire
"I don't see any need to go further," French Finance Minister Bruno Le Maire says while commenting on ECB monetary policy during an interview with Caroline Connan on "Bloomberg Markets." (Source: Bloomberg) #press
https://www.bloomberg.com/news/videos/2023-09-15/ecb-on-right-track-rates-appropriate-france-s-le-maire-video?utm_source=press.coop
GM CEO: ‘This Is a Strike That Didn’t Need to Happen’
General Motors CEO and Chair Mary Barra says the automaker is “ready for this,” as she speaks about the impact on the company from the strike called by the United Auto Workers against the big three US automakers. She speaks with David Westin on "Bloomberg Markets." (Source: Bloomberg) #press
https://www.bloomberg.com/news/videos/2023-09-15/gm-ceo-this-is-a-strike-that-didn-t-need-to-happen-video?utm_source=press.coop
