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Bloomberg Surveillance: Zingales and Marinov on Markets

bloomberg-surveillance-podcast economics-business-work Apr 11, 2026 source →
Claims
142
Domain
economics-business-work
Reading time
9 min
Record
Bloomberg Surveillance: Zingales and Marinov on Markets

Claims from this story

Every atomic assertion extracted from the underlying record, ranked by evidence strength.

The real genius of capitalism is competition, and this principle is being forgotten.

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There might be some need for an Italian version of TARP.

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Campaign finance reform is necessary for any government to find a new spirit.

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Investors are focusing more on currency flows than the rate story in foreign exchange markets.

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The idea that the political system is rigging the economic system is becoming prevailing, even in Chicago.

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Many smaller Italian banks have terrible governance and specialize in lending to the local economy, often to friends and family.

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There is a tone of fragility in Europe, particularly concerning European banking and peripheral spreads.

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Futures are negative 22 points.

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American manufacturers dealing with a stronger currency are losing market share in export trade.

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Both Donald Trump and Bernie Sanders appeal to a rage in the American people, particularly directed at the financing of major candidates by big corporations and vested interests.

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Bernie Sanders is able to raise money from small donations and be competitive.

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Donald Trump is not raising money from big interests.

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James Steele at HSBC is calling for gold to find a bid off demand dynamics in Asia.

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Donald Trump is the frontrunner in the New Hampshire Republican primary.

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The yen is at 116.61 against the dollar, indicating a stronger yen.

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China is the largest economy on Earth and the only economy currently growing at a decent pace.

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Internal demand and investment are expected to increase with the observed rise in wages.

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There is a lot of uncertainty regarding investment.

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Wage growth is the first step towards increasing demand from poor people who currently lack access to resources.

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West Texas Intermediate (WTI) crude oil is at $30.00, drifting towards a $29 handle.

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Futures are negative 24 points, a deterioration from negative 5 points earlier.

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Dow futures are well under 16,000, at 201 points down.

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Yields have come in by two basis points.

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There is real damage across all of Europe.

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Brent Crude is down 78 cents to $33.28.

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Gold is up $19 to $1176, approaching a $1,200 watch.

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Big campaign donors lead to big government and corrupt government that favors one versus the other.

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The yen is at 116.55, showing strength but not breakout strength.

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The 10-year yield is at 1.8116.

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Bernie Sanders leads Hillary Clinton in polls for the Democratic primary in New Hampshire.

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West Texas Intermediate (WTI) crude oil is making a dash for a $29 handle, currently at $30.04, which was its intraday low 12 minutes prior.

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U.S. stock index futures are falling, indicating a deepening of the route that sent the Nasdaq composite to its lowest level since October 2014.

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A group of investors agreed to buy Apollo Education Group for $1.1 billion in cash and take the company private.

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The benefits of innovation are not diffusing enough to everybody.

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S&P E-mini futures are down 25 points.

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Dow E-mini futures are down 204 points.

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Nasdaq E-mini futures are down 84 points.

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The DAX in Germany is down 2.7%.

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The 10-year Treasury yield is 1.81%, up 5%.

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NYMEX crude oil is down 2.3% or 72 cents at $30.17 a barrel.

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COMEX gold is up 1.7% or $19.90 to $1177.50 an ounce.

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The debate on how business dovetails for the people is serious and will stay, not just a feature of the primaries.

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Approximately 50% of Republicans and 50% of Democrats are unhappy, indicating a broad sense of revolt.

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The largest two Italian banks, Teza Unicredit, are European in every sense.

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Peripheral spreads in Europe are wider, with Greece out by 47 basis points.

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Italy has been in a recession for the last seven years, making it difficult for any banking system to survive.

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Italian banks need to raise more capital.

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At least 22 migrants drowned after a boat sank off the Turkish coast, bringing the day's death toll to 33.

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The German two-year yield is negative 0.51%.

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Portugal's banking situation is similar to Italy's because they did not undergo recapitalization.

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A selected bail-in of bonds in Portugal in December was a disaster from a public relations point of view and spread fear in the European system.

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French banks are too lightly capitalized.

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Spanish banks are doing better.

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European banks have never been put in front of the tough choice to raise money on their own or accept strong conditions from government aid.

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Market concentration is increasing in the United States.

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The 10-year Treasury yield is 1.82%, down two basis points.

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Futures are negative 28 points, then negative 27 points.

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Dow futures are at negative 212 points.

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The labor market has been remarkably strong for a long time and continues to be strong.

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ETF markets experience reduced volume and liquidity after 4 p.m. until the next morning.

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