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Speaker 1: News when you want it with Bloomberg News now I

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Speaker 1: met Kalgi. Russia is mourning the worst terrorist attack in

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Speaker 1: Moscow in more than two decades, as authority said the

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Speaker 1: death toll had climbed to one hundred and thirty three

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Speaker 1: and rescue workers continued to search for victims. President Vladimir

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Speaker 1: Putin told Russians at a televised address Saturday that the

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Speaker 1: security services had captured four suspects who were trying to

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Speaker 1: flee to Ukraine. While he did not accuse Ukrainian authorities

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Speaker 1: of involvement in the attack at the Crocus City Hall

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Speaker 1: on the edge of Moscow late Friday, Putin said a

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Speaker 1: window had been prepared for the men to cross the border,

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Speaker 1: without offering any evidence. Ukraine denied any role and called

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Speaker 1: the attack a falls flag operation by the Kremlin. Islamic

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Speaker 1: state earlier claimed responsibility in a telegram message and posted

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Speaker 1: a photograph of four men it said carried out the assault.

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Speaker 1: It is the biggest single loss of life from terrorism

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Speaker 1: in Moscow since Chechen separatists took hostages in twenty two

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Speaker 1: at the Nord aust Theater, where at least one hundred

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Speaker 1: and seventy people, including the dozens of attackers during a

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Speaker 1: botched rescue mission. Friday's assault took place days after Putin

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Speaker 1: cemented his grip on Russia by claiming a fifth term

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Speaker 1: with eighty seven percent of the vote in the presidential election.

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Speaker 1: A bullish tone this weekend on US stocks from the

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Speaker 1: folks over at Goldman Sachs. They also worn it could

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Speaker 1: be a trip to nowhere. We get more from Bloomberg's

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Speaker 1: Denise Pellegrini.

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Speaker 2: The strategists at Goldman say it's possible that tech megacaps

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Speaker 2: could lead the S and P five hundred index up

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Speaker 2: another fifteen percent from current levels, and the strategists, led

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Speaker 2: by David Costin say this scenario by the end of

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Speaker 2: the year could mean S and P five hundred at

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Speaker 2: six thousand and reaching a forward price to earnings ratio

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Speaker 2: of twenty three. They also say some of the techs

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Speaker 2: are currently far from a bubble. Their base case meantime

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Speaker 2: puts the S and P five hundred pretty much right

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Speaker 2: where it is now at the end of the year,

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Speaker 2: and on the other hand, the strategists also have a

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Speaker 2: couple of more bearish scenarios. A catchdown situation where sales

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Speaker 2: growth estimates prove too optimistic or where investors start to

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Speaker 2: price in the risk of a recession. Goldman says that

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Speaker 2: could result to the S and P five hundred plunging

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Speaker 2: down to forty five hundred by the end of the year.

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Speaker 2: The S and P five hundred closed yesterday at fifty

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Speaker 2: two hundred and thirty four, up almost ten percent on

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Speaker 2: the year. Denise pelgreny Bloomberg Radio.

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Speaker 1: China's president Shei Jin Peng is planning to meet with

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Speaker 1: a number of US business chiefs next week in conjunction

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Speaker 1: with an annual forum in Beijing, according to The Wall

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Speaker 1: Street Journal. Bloomberg's Karen Moscow has more.

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Speaker 3: According to the Wall Street Journal, the list of participants

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Speaker 3: for the Wednesday meeting with she are Stephen Orlinz, head

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Speaker 3: of the National Committee on US China Relations, Craig Allen,

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Speaker 3: President of the US China Business Council, and Evan Greenberg,

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Speaker 3: chief executive of the insurer shob The list is still

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Speaker 3: being compiled and the sit down could still be canceled.

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Speaker 3: The session would follow the two day China Development Forum

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Speaker 3: and annual COMFAB that's set to start tomorrow. Karen Moscow,

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Speaker 3: Bloomberg Radio.

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Speaker 1: The Classic sixty forty investment portfolio might not be exciting,

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Speaker 1: but don't count it out of the long term. Bloomberg's

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Speaker 1: Nathan Hagar reports.

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Speaker 4: The well known strategy of sixty percent stocks and forty

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Speaker 4: percent bonds took up beating in twenty twenty two, but

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Speaker 4: morning Star says it's sixty forty portfolio gained about eighteen

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Speaker 4: percent last year. The company's analysis compared the simple sixty

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Speaker 4: forty split to a broader mix of assets and found

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Speaker 4: adding emerging market stocks, high yield and global bonds generally

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Speaker 4: hurt portfolios last year, when the S and P five

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Speaker 4: hundred gained twenty four percent. Nathan Hager, Bloomberg Radio.

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Speaker 1: And as the Easter holidays approach, higher cocoa prices means

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Speaker 1: shoppers are paying far more for their chocolate eggs and bunnies,

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Speaker 1: But that's just the tip of the chocolate iceberg. Higher

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Speaker 1: prices in stores now reflect increases in coco in twenty

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Speaker 1: twenty three. Since then, the rally has gone into overdrive,

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Speaker 1: and coco has more than doubled in price already this year,

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Speaker 1: making it the world's hottest commodity in just the last

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Speaker 1: three weeks. Wholesale beans in New York have jumped more

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Speaker 1: than forty seven percent, exceeding eighty nine hundred dollars a ton,

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Speaker 1: a level which once seemed unthinkable even for Willie Wonka.

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Speaker 1: In Brazil, where Easter is it's a major celebration. Chocolate

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Speaker 1: egg prices recently became an Internet meme when some stories

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Speaker 1: advertised that people could buy them with loans and payment installments.

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Speaker 1: I think I'll pass on the chocolate. That's news when

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Speaker 1: you want it with Bloomberg News. Now I'm at Kleggi,

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Speaker 1: and then this is Bloomberg