Interactive Brokers charges margin loan rates from 3.58% to 4.58%. Their clients can also add extra income by lending their fully paid shares of stock. The two-day equity rallies we just talked about here in the United States with Abigail really coming to an end, although we're definitely off our lows of this session. Thanks to hot economic data pouring cold water on investor thinking that the global monetary tightening cycle was close to peaking. And so we are all talking pivot.
Bloomberg News International Economics and Policy Correspondent Michael McKee discusses his interview with San Francisco Fed President Mary Daly, who sees a high bar for slowing the central bank’s 75 basis-point pace of interest-rate increases. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Big Tech Team Leader Sarah Frier share the details of Sarah's story Elon Musk's Twitter Reversal Might Not Be the End of the Story. Bloomberg Technology Executive Editor Tom Giles explains why Musk’s Everything App ‘X’ sounds a lot like China’s WeChat. And we Drive to the Close Aaron Kennon, CEO at Clear Harbor Asset Management.
Hosts: Carol Massar and Ed Ludlow. Producer: Paul Brennan.
See omnystudio.com/listener for privacy information.