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Bloomberg Surveillance

Herrmann: data isn't as bad as sentiment

Bloomberg Surveillance

Bloomberg

Business News, News, Investing, Business

3.81.2K Ratings

🗓️ 26 February 2016

⏱️ 12 minutes

🧾️ Download transcript

Summary

Herrmann: data isn’t as bad as sentiment

Transcript

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0:00.0

When you get your news from Bloomberg, you don't just get the story. You get the story behind the story.

0:07.0

How your Evie's battery may not be as green as it seems.

0:11.0

Why a decrease in global birth rates could send countries scrambling to increase immigration.

0:16.2

You get context.

0:17.6

And context changes how you see things, how you change things, because context changes everything. Go to

0:24.3

Bloomberg.com to get context.

0:28.6

Global Business News 24 hours a day at Bloomberg.com, the radio plus mobile app,

0:38.0

and on your radio. This is a Bloomberg Business Flash.

0:42.0

And I'm Karen Moscow.

0:43.0

The U.S. economy unexpectedly expanded at a faster pace in the fourth quarter than initially

0:48.0

estimated, reflecting a higher value of business inventories.

0:52.0

Gross domestic product, the value of all goods and services produced,

0:55.0

to grow at a 1% annualized rate,

0:57.0

compared with an initial estimate of 7 10% percent,

1:00.0

and consumer spending was revised lower.

1:02.0

U.S. stock index futures remained higher following that report with S&P E-Many futures

1:06.8

of 14 points.

1:08.0

Dow E-E-Many futures of 122 and Azdac E-Mani futures of 37.

1:12.4

We check the markets every 15 minutes throughout the

1:14.6

trading day on Bloomberg. Daxin, Germany's up 2%. Ten year Treasury, down 1130 seconds,

1:20.0

the yield 1.75%. Naimx Crudoy, a 3.4 percent, or a dollar 11 to 3417 a barrel.

1:27.0

Comex gold down six-tenths percent or $7.90 cents to 1231 an ounce.

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