34 Burst results for "Tom Keene"
WHO's David Nabarro on the speeding up of COVID-19 vaccinations
"On Bloomberg Surveillance with Tom Keene and Francine Lacqua and Tom kicks things off here by asking the borrow About the massive problem of not getting shots and people's arms fast enough. I want to speak not about cases, which I can't count or death, which I don't trust. But the hospitalization surge in this insanity of it. We can't get vaccinated fast enough. What is the new borrow solution to jump start the rate of vaccinations? And double dose vaccinations. Thanks very much. Indeed. There is no alternative, but To make vaccines available as widely as possible as soon as they get approved. I don't want any corners to be cut on the approval process so each vaccine must go through their phase three trials and then be properly assessed by national regulators, as well as by the World Health Organization. That's the only option we have. If we're going to rely on vaccines to get this pandemic to subside, just one last point. Vaccines won't be enough on their own. We will need to continue to pay attention to the rules that were set over the last few months about physical distancing mask wearing isolating when sick looking after those were frail and vulnerable. Because these basic principles backed up by strong public health work at local level still will be key for the coming months, even years. To enable societies to get on top of this pandemic.
"tom keene" Discussed on Bloomberg Radio New York
"With Tom Keene, Jonathan Farrell and Lisa Abramowitz. Good morning, everyone. Bloomberg Surveillance Johnson for Release Abramowitz and Tom Keyes thrilled You're with us. We do the markets here on Bloomberg Television and Bluebeard radio. They're pushed decide today by the history of a moment back to March, when we all said When we look be a vaccine. It is now and John the symbolism that it was not some fancy person. Some elite in the United Kingdom or the United States are the continent of Europe. It was a 90 year old grandmother and your Coventry described what it was like when you saw that headline. I said wonderful thing. The first vaccination taking place in the United Kingdom and the first step in a massive effort is a man about to take place in the months to come not just in the UK but potentially in the United States as well. This headline crossing the Bloomberg in the last five minutes or so. This from a report from the FDA that would be used to the advisory meeting would take place in two days time. Defies the vaccine was found to be safe, no concerns that would prevent emergency use authorization. So we had the recommendation for approval in the UK The vaccinations have started. We are hoping the same thing will happen in the United States, Tom this Thursday. Well, there's the hope inside by the rumor sell the news. It's by the hope and boy of the market's done that across this horrific 2020 John, What do we do now that we have a vaccine? What do you see in the market zeitgeist about Okay, it's here. Then what? While doubling down on the story of last month and extrapolating it out about 12 months. Tom, that seems to be the consensus view the rotation, the cyclical story, the economy, reopening all the good stuff. Still a challenge here. We're out too cute to we've got to get too cute to that's how long this is going to take. Roll out this vaccine get enough people in the at risk group vaccinated Tom to a point where we can roll back some of the economic restrictions and really open things up again. This market we've said it repeatedly is playing the game accused three q 4 2021 It is not planned again. Q one. Next year. At least I learned long ago there was a time believe it or not focus on the Amazon was really struggling..
"tom keene" Discussed on Newsradio 950 WWJ
"What's the percentage of people who will become critically ill with the corona virus Bloomberg's Tom Keene and Francine lock what talk with doctor Jason Farley at Johns Hopkins University we're looking at how many people become critical yell we're still looking at approximately twenty percent of people hospitalized needing some form of acute care and of that group approximately half will need some form of mechanical ventilation does our response team in the US and in other parts of the world have enough equipment have enough personal protection to deal with the virus in the coming weeks and months the administration has finally started to offer support to the state in trying to get more P. P. there been herculean effort by governors across the United States to bring in more in ninety five map to bring in more Galvin gloves to bring in face shield up to our front line health care workers that had been different across state that has you thinking recording different governors across the United States had to basically barter that vehicle it in you know for lack of a better word personal protective equipment from various agencies including billing overseas to obtain you know maps from China and their support masters of the country it is also in the in my home state of Maryland the governor has launched a in ninety five re processing center one of the largest in the country that's Dr Jason Farley from Johns Hopkins University is to begin speaking there with Bloomberg's Tom Keene and Francine a lock what we'll update your money if the Bloomberg business desk in two minutes W. W. news time to fifty three yearlong fellowship focused on attracting and retaining young talent here in.
Jack Welch, GE''s legendary CEO, has died at 84
"Eight Jack Welch's died the man who transformed General Electric into what was for a time the most valuable public company in the world is eighty four years old this is my last company wide meeting I thank all of you for what you've accomplished and even more for children in the future general electric's values Bloomberg's Tom Keene recall grew four thousand percent in twenty years on it is legendary executive people forget now here was a Jack Welch who invented how you do business which is don't make mistakes make a few mistakes you can within the manufacturing process which now sounds like the but the time was revolutionary many workers took another view branding him neutron Jack for ruthless factory shutdowns and layoffs false kindness is the dumbest thing in the world it's the coolest thing in the world Jack Welch retired in two thousand one Bob moon Bloomberg
Jack Welch, GE''s legendary CEO, has died at 84
"Police wages in corporate management has died Bloomberg's Bob Boone has this look back at the life of former General Electric CEO Jack Welch my last company wide meeting I thank all of you for what you've accomplished and even more for children in the future general electric's values Bloomberg's Tom Keene recall grew four thousand percent in twenty years on it is legendary executive people forget now here was a Jack Welch who invented how you do business which is don't make mistakes make as few mistakes as you can within the manufacturing process which now sounds like the but the time was revolutionary many workers took another view branding him neutron Jack for ruthless factory shutdowns and layoffs false kindness is the dumbest thing in the world it's the coolest thing in the world Jack Welch retired in two thousand one Bob moon Bloomberg radio Jack Welch dead today at the age of eighty
"tom keene" Discussed on Bloomberg Radio New York
"With Tom Keene and Jonathan Farrow on Bloomberg radio from New York City from audience worldwide. Good morning. Good morning to you all the second hour of Bloomberg surveillance alongside Lisa Abramowicz. Some Jonathan Farrow cabin up on the program seeing gap. Another political fight the president said to invoke broad powers to build his border wall trade talks, wrapping up in Beijing. President shea hailing important progress the talks resume next week and looking to stabilize further signs of economic weakness. Credit growth in China absolutely searching through the month of January live from the Bloomberg interactive. Broke his studios. This Friday here issue price action futures session. Highs a third of one percent around about nineteen minutes away from the opening bell here in New York City, the bond market, looking a little something like this treasury yields by a basis point treasuries just a bit self to the two your also up by basis points to two point five percents yield on a two year yield on a ten year. Two point six six four percent in the FX market currency set to be a key feature of these negotiations between China and the United States fascinated to see how that's going to play out this morning. It's adult strongest story through g ten euro eurodollar down by about a third of one percent. Lisa. Indeed, it's really interesting to see this sort of currency at the center of trade talks. And frankly, I gotta wonder what's the US thinking what do they want? Do they want a stronger you and they want a weaker? I know this is going to be very interesting assume what they want. And in the words of our previous guests from CIP see what they don't want what they want. And what they don't want is for the Chinese to weaponize the currency, but we have wanted from the Chinese for years now is for them to liberalize the currency. The problem is because the economy is so weak at the moment, if they did let's say tomorrow, they just freely floated the currency did not intervene. What would happen to the Chinese currency? It would fall it would be much weaker substantially. And that's the problem. We county have in our hands the risks that they weaponize the currency at the same time. We asked them to liberalize it the currency's going to get a whole lot weaker. And that will exacerbate the trade story that this administration is worried about talking about the trade story. Let's go to Washington DC and talk about what's going on there. Let's bring in Isaac boltanski covers point director of policy research Isaac. Let's start with trade since that is what's moving markets more than staving off another government shutdown. Do you think that this time? We're actually going to get. Some sort of agreement is the happy talk out of Washington DC and Beijing different this time. Good morning. I think this time is different in both sides as you were just discussing. I think are incentivized to find some way to. Yes, it's still unclear what exactly that's gonna look like it's still unclear what the enforcement mechanisms will be which is perhaps the most important part of this whole story. But I think that pressures on both sides of the Pacific have led us to where we are. We have continued negotiations which is always positive and the president made the biggest point this week, which was signaling a willingness to push the next deadline further if there is progress, and so I think that happy talk is different. And that it's gonna give us another punt. I would just like to also say that happy talk has a trademark on it from Jonathan Farrow who has absolutely coined the term so far. Used it this way doesn't mean. It's mine. We're going to give it to you. I do have to wonder Kyle bass of Hayman capital management, writing a Bloomberg opinion piece in the past few weeks talking about how President Trump should double down and ask for more from China based on the happy talk trademark registered Mark based on more hearing. Do you think that President Trump will take a hard enough line on China and solidify deal that is appropriate for what some of the concerns are? Well, this has been one of the interesting dynamic the battles within the Trump administration itself. Whether that's flight Heiser versus Mnuchin or you can go straight on down the line. I think that what we are going to get is a document that broadly outlines all of the goals that we've been talking about now for the past year almost but in terms of if it's enough I don't think there will ever be enough. It will simply be a few steps in the right direction towards opening up. China's markets towards narrowing that trade gap, and hopefully, providing again, this force mechanism where this time can indeed be different as long as we are able to get some clarity into what those promises look like. And whether those promises that were made, our captain is a pretty fascinated to get your insight on how you think this story is playing out in Washington DC, and that's Amazon abandoning Long Island city before even arrives. The seems to be more broadly a backlash against big business on the left of. American politics right now, increasingly so of the last year or so what's your read on how you think this is gonna play out. Sure. Well, I can tell you that the the reach from TC sort of be pocketed into two separate reactions. The first is worried that traffic here in the DC metropolitan area. Walk get much much worse because of it and the second is simply that I think this is one more indication just one more data points of the just herculean battle between governments. And these these large tech companies that are operating in some ways like quasi-governmental often. Institutions. And so it's not just going to happen here. We're going to see it in the halls of congress with hearings and big tests. We're seeing in California and even Germany with some of the taxation proposals air, this is just one part of a much broader battle between governments trying to reassert themselves and large company. She said, I think have grown almost unabated. I'm over the past decade Isaac. You're saying that you worry about traffic, increasing. I'm surprised that you say that I would think that there'd be a collective cheer in Arlington Virginia and the Washington DC metro area because it one it was the number one headquartered it's not going to be split between two. I'm surprised to hear is there. More pushback. Do you think in the region against the headquarters coming largely tongue in cheek? I think that the reality is that the DC metro word about Senator scouting around the city, and it says sweet of you. On. I said, yeah. No, look, I think DC is happy to get it. And it'll be interesting to see how the rest goes. But the bigger the bigger battle here. I think is going to be in the halls of congress because what we saw here was the progressive left in some ways in this. We talked about before the herbal tea party got a big win here and Representative because your test is is really I think the main Victor, and this is something that she can take from you know, this battle that was just in queens. Now, she's the halls of convex, but there is a big problem here. And that's literacy around certain financial issues is the belief that if you take away three billion of subsidies to Amazon you have a pile of cash to give away to do something with is the left trying to sell a pony here and giving everyone a free pony or avai just misunderstanding. What is going on? I think he I think it depends member to member and honesty, but your point is a fair win. And I think politicians on both sides of the aisle have used misinformation. And and and and I think a broader mistrust of different entities in society to further their cause. And what we have here is trying on a mistrust of big business and big tax. That is really only just beginning. I actually am surprised that you think that Alexandria Cossio or house can bring this to the house of congress as a win. I actually that was not my reaction to this. There is a lot of backlash to this. You think this is going to be viewed as a win or do you think that this is going to weaken the far left's position, I think I think her reaction indicates that she believes in that her supporters believe it's a win? And I think it's one where it's whether whether it longer term is positive for the city. No one truly knows and only time will tell. But at the moment, I think it will be spun undeniably as a win for that particular brand of progressive politics. What we certainly outcome. She wanted. She can turn around and say it was win as far as her objectives were concerned. But I guess the point you're trying to make the outcome isn't going to be positive, and I think that that sort of a consensus across the board is that I mean, even local politicians in New York City and Long Island city. I have said off the record and on the record. They kinda were looking for more from Amazon they weren't looking for Amazon's just up and walk away from the table the other issue as well as not love you on. This is the battle between cities in America. It's almost been encouraged. Do you think that's something we need to take another look at that point? Yeah. Look, I think that we saw during this entire bidding process a degree of. Stain. And and and I would say overall sort of discord that is concerning given the state of our local cities, given the need for broader sweeping infrastructure spending. And ideas like that. And so instead of perhaps how cities battle ones battle against one another. We should have a broader sweeping agenda that actually handle some of these concerning issues is a great to catch up with you on some really important stories in the last couple of days is about ten skeets. You want us from Washington, compass point director of policy research. Lisa Jonathan I think he made a fantastic point. Which is this whole idea of cities battling each other. Whether it's for budgets, whether it's for companies and Amazon fueled that trying to play the game big time big time. And I guess that. I'm wondering when the backlash is going to come from that ultimately, I mean, that's Koumba ya. But if cities benefit shouldn't have benefit all the cities under the same umbrella. I imagine you Singin come by. Could send convey to go there. I will take you pass Tuncay here. Cain is the lead singer and TJ blurry. All right. I will let him continue to hold that Mansell futures. A positive ahead of the US open ending an eighth straight weekly gain for the NASDAQ. And dow. NFL.
"tom keene" Discussed on Bloomberg Radio New York
"Lord by more than twenty seven hundred journalists and analysts in over one hundred twenty countries. This is Bloomberg radio. Now, a global news update. Parts of the nation are under a deep freeze. This Arctic blast is dropping temperatures down into the negative teens in many places in some areas were down into the negative twenties. Wednesdays forecasted low in Minneapolis is negative twenty eight degrees in conditions like that any exposed skin can freeze in just a few minutes. I'm Steve Kastenbaum. Roger stone is set to appear before a federal judge today and is expected to plead not guilty to charges connected to the Russia investigation. The White House distancing themselves from stone in. Roger stone's case. The charges of that indictment. Have literally nothing to do with the president and have to do where his communications with congress or Sarah Sanders. Also from the White House. President Trump has accepted house speaker Nancy Pelosi's invitation to give his state of the union address on February fifth on Wall Street yesterday. The Dow gave up two hundred eight points, I'm John trout. Bloomberg surveillance. This is Tom Keene time Jonathan Farrow's on a slowing China. It's effect the global economy Jeffrey curry of Goldman Sachs today at seven AM eastern on Bloomberg radio. Bloomberg the world is listening. Global news twenty four hours a day at Bloomberg dot com. The Bloomberg business app tick tock on Twitter. This is a Bloomberg business flash. And I'm Karen Moskow. A busy day ahead for corporate earnings almost forty companies in the s&p five hundred are scheduled to report they include apple it is a mixed picture across.
"tom keene" Discussed on Bloomberg Radio New York
"Away Tom Keene and Jonathan Ferrell on Bloomberg radio. Good morning. Everyone worldwide. Good morning coast to coast and across Canada as well so much to talk about one of our favorite shows of the year. John Boehner studios in New York, and I'm Tom Kean in the offices of Eurasia group. Ian Bremmer and his team out with their top risks for two thousand nine hundred and it is a definitive read on global Wall Street and across all of academics on the geopolitical, the international relations at Eurasia group studies each and every day, we'll dive into that. In a moment. Bloomberg surveillance this morning with calmer markets brought to you by cohnresnick. Look into enhance your tax position by deferring capital. Gains tax professionals can develop strategies using opportunities owns visit cohnreznick dot com slash opportunities zones. In the great opportunity is to go to John Farrell wired into the Bloomberg terminal at our global headquarters the interactive brokers studios, John what is what sticks out? Out for you in the market this morning. What sticks is one of your favorite days of the year is one two separate studios in the same city. Maybe we should do more of that. They put a bit distance between us, Tom you of Eurasia group. The Bloomberg interactive brokers studio. Just the strength of our Bloomberg's marriage John Farrow now, we'll be together in Davos looking for divorce. Good conversations in Davos here in about ten days or maybe fifteen days at the World Economic Forum meetings. I should point out folks as well. The President Trump will visit Davos that's a good starting point John and bringing in Meredith Sumpter of Eurasia group head of research strategy and operations. I was a bit surprised for. It's the first time I've brought it up President Trump a huge distraction at Davos last year. And he goes for redux this year if he can get through TSA at the airport to fly there. I mean, President Trump against speaking to the international community. Yes. Well, it's Davos has certainly a critical stage for him and for his brand globally. Like that his brand his brand for sure. And I think he also his speech at last year's dafkos played fairly, well, according to to the White House as so look for repeat performance therapy. Also watch for President Trump to have a sideline meeting with Chinese vice president one Chechen at Davos that is something that all of us will be watching for signs as to how the ongoing round of negotiations between the US and China are faring time the morning really up top your Chinese risks as well. I want to dress right now your lengthy essay on Europe populism which is decidedly different than it was twelve months ago. What is the threat to democracy in Europe right now? Well, twenty nineteen is really the here when the populace will take center stage in Europe and begin to erode the EU from within we've written for several months now about the rise of populism and populist leaders, and you know. Europe's third and fourth largest market economies in other countries such as Hungary Poland. But what's critical now is that we expect that populace their numbers are going to fare even better in two thousand nineteen and keep an eye on the may parliamentary elections, we expect that their numbers are going to grow following those electrons, which will put them at center stage in Europe's most important democratic institutional in the dominant countries as well Eurasia group was so our front on the fractures of Germany one two and even three years ago. And of course, mR Macron the challenges. Now, how does that redound back to Brussels where I was just two weeks ago? I guess when I look at Brussels, what is the strength of this European Union within the media frenzy of Brexit? Well, the Brussels is dealing both with Brexit. But it's going to have to deal with the growing voice and the growing influence of. Of the populace not only in the European parliament following May's elections, but Tom if if the populists get enough of a strong showing in the may parliamentary elections, you combine that with there's fairly solid basis of support and several key states, and you have a risk of eurosceptic populace having a voice not only in the parliament. But also in the European Commission which oversees the day to day operations as well as the European Council. This affords them real decision-making power within the all of your top Eurasia group is the system fractured to steal a word from France. Earlier this morning is the system fractured or you stick with Dr Bremmer that we can see healing if not in two thousand nineteen th through twenty after the presidential cycle. Swing years. So is the question more. So with Europe or broadly. I think our listeners are they're interested in Europe. And they're interested in Wall Street and that, but it's sort of a broad feeling of. Okay. When does heal right? Look it's gonna take several more years and feeling, but but the length of time that it takes for us to actually he'll depends upon the ability of leaders from largely industrialized economies. Tackling head on the reforms that are necessary to bring more of their populations into the economy of the future. A lot of the geopolitical flux that we're seeing now it part of it. It's a long term process of evolving from the post World War Two order to what that new World War. What that new world? This is critical doing know that new order that's out there. Sakaria 'post-american order Bremmer Jesus world your on writings murder, the Sumpter as well. And others. What's the new consensus after the Washington consensus? I don't see it. Well, part of that will depend on what role. Washington decides to play in this post World War Two order, and to what extent Washington can't get along with other key powerbrokers, even if they don't agree with them, even if they don't agree with them, this this mentally includes China Beijing, so regardless of whatever tariff deal is agreed to our call is that that relationships between the two the these two will powers is going to get even tougher. Immediacy of shutdown where the president's made clear his way or the highway is that his relationship with China is that what we're going to see in the talks this week talks, maybe at Davos in the talks and talks and talks after that is it a Trump lateral world. It would be a Trump lateral world. If we had an unending US economic growth and strength, but that's not necessarily what we're seeing right now. Trump is fairly confident in the US economy. But we're all watching the increase market volatility. We're all watching signs of a potential slowdown in the US economy could force his hand earlier than than he would like. But the key question is whether it's Trump or post Trump to what extent is America going to lead? And what does that mean for the post world order you were than any other guest? We speak to is hard wired for distance from capitol. You did your academics at the university of Washington you where were you in the grizzly bears up in Anchorage, right something like that? I'm from my graduate work at LLC. You went to London for your graduate work. I get that. But nobody I know spent more time distance from capitol. Then you what does want you to not get about what's out there? The rest of the world is moving on regardless of what? Right. That's right. And if you are in Washington circles, and you listen to the kind of discussions happening there to me. It's not a parent that reality is not yet apparent to the key thought leaders and decision makers in Washington, and the faster they realized that the faster that they're able to turn away from this high levels of partisanship. And it's no navel-gazing and really focus on no kidding. What does it really take for American the American workforce to be competitive in a twenty-four global economy took it over to your wheelhouse of international relations were not getting along allies. Is that a one off of this distrust with this limited trust as you say with our allies or could there be a recovery towards some trust with our core? It's going to be a bit of an apple battle recovery of the kind of trust that we saw pre Trump. In other words, I think we're gonna have to see a refashioning of the US relate commitment to its alliance relationships not only with regional allies. But. Also with new emerging partners with with whom Washington will need to partner to be effective and strategic power and twenty percents murder subject. Thank you so much with you raise your head of research strategy and operations, and I really can't say enough folks about the top risks of any given year at Eurasia group is always thought provoking, thank you to Johnston from pimco for his attendance earlier this morning. He made clear Eurasia group is a daily read for him. I liked their slogan politics, I which is I guess little bit. What we do here at Bloomberg surveillance. But a lot to digest here on China on Europe. And I really am they're thoughtful discussion of technology and the overlake each of us live every week John China Fronton Cincinnati Tom today with the talks between Chinese and the US delegation over in Beijing the reports here at Bloomberg. According to people familiar with the matter and the photo seen bias as well the Chinese. Vice president Lou her unexpectedly attending the first day of talks aimed at resolving trade disputes so assigned perhaps of how seriously the Chinese taking talks this week that helped to lift sentiment a little bit of the back end last week as well and the equity market today after a monster day of gains on Friday the equity market today. Treading, water futures pretty much unchanged. Positive two points the s&p five hundred from New York this morning. Good morning. And.
"tom keene" Discussed on Bloomberg Radio New York
"With Bloomberg's Tom Keene and Jonathan Ferrell coming up a conversation with UBS chief executive Sergio Armani this number. With the Bloomberg small business report, I'm John Tucker. When operating a small business in the city that never sleeps. It may also be the case the owner never sleeps. There's plenty to worry about a New York City, but no Donovan managing partner at blooms tavern on the upper east side, Renton wages topped the list. He's facing the third minimum wage increase in five years and something has to give sadly our prices will have to increase which we don't want to do. I think I think really this wage increase the bottom line is, you know, our guests will would be hit with bigger prices. Not just us out to city. Can you see prices, increasing everywhere? Donovan who arrived in New York from Limerick Ireland in June of two thousand I scrape by by waiting tables. He worked his way up to manager and now is part owner of his own place. The reality of tighter margins is setting in he refuses to cut back on service believing. It makes his tavern stand out in a crowded market. And that's today's Bloomberg small business report. This is a Bloomberg market minute. The tax led a thirsty recovery on Wall Street after quarterly results from Tusla, Microsoft and Twitter pleased, investors, the Dow Jones industrials jumped four hundred one points or one point six percent. The NASDAQ closed up two hundred nine points or nearly three percent the S and P five hundred added forty-nine point soar nearly one point nine percent of Friday retreat is possible in the tech sector, Amazon and alphabet posted disappointing revenue numbers for the latest quarter, nearly one and a half million Ford Focus cars than the two thousand twelve to twenty eighteen model years are being recalled. Because of a fuel system issue. Ford says the.
Cristiano Ronaldo red card: Will he miss Man United game?
"Thoughts and plans are the world's economic and business experts. My can't we get a little bit of normalization in here. How do they convince people in the news conference for the symptoms amount there Tom Keene, and Jonathan when I say the media warders, how do you translate that? Weekday mornings at seven eastern, Bloomberg surveillance on Bloomberg radio, the Bloomberg business app, and bloombergradio dot com. Bloomberg the world is listening. You knew the risks
Apple launch: Bigger! Faster! Pricier! Innovative?
"Tomorrow. Apple's expected to introduce several new iphones ipads, apple watches as the tech giant tries to become the first US company to reach a two trillion. Dollar market capitalization for a preview of what to expect Bloomberg's Tom Keene and Jonathan Farrow spoke with BT, I g analyst Walter Pijesak. Walter diode cell where are you right now on apple stock has been obviously been performing well as it typically does ahead of a an iphone launch. I guess warn people that the day of the launch itself, which I guess is expect tomorrow the announcement stock doesn't typically fair that well, but rather than being focused on the near term just looking at the long-term, or at least an intermediate term prospects of earnings rose said the company, that's the reason about this. Have you done a sum of the parts analysis of you ever have you actually tried to figure out what services slash itunes is? Is actually worth or the core franchise is worth. Or the peripheral is worth have you done a sum of the parts? We haven't done that yet, Tom. But, but it's it's interesting because it's so early stage if you look at the number of let's say active, I phone users that are out there. Creative strategies estimates that about eight hundred million eight hundred fifty million there's only three hundred million people today that are paying a regular subscription. So we're still early days in terms of number of customers paying regular service fees, and then no services themselves per customer, which in in in the service industry that's called. Our polls can probably go up on on new opportunities.
Bloomberg, President and United States discussed on Kevin and Bean
"It just don't know when it's going to blow up in Greeley about making money in the sense that many people think investment, I fear that we are starting a multi decade bear market in bonds. For more volatility in the markets. Probably maybe a healthy thing. Bloomberg surveillance. We've John and Pimm FOX on Bloomberg
Bloomberg, EU and Philadelphia Department Of Prisons discussed on Bloomberg Surveillance
"Is looking for actors to perform at the Philadelphia department of prisons training facility that for formers will need to act out several assigned inmate based mental health crisis scenarios. The actor should be able to use props and make up to simulate mentally ill patients. This would include the use of objects inmates have been known to possess
Canada and US expected to reach a new NAFTA deal by Friday deadline — MercoPress
"President Trump has decided to maintain the current levels of, tariffs, on imported steel and aluminum products on national security grounds this is a twenty five. Percent tariff on steel ten percent on aluminum even so the president is also allowing some product exclusions for South Korea, Argentina and,
Netflix Still Doesn't Want to Pay Apple
"There's a, report that net flicks is pushing new subscribers to sign up on its website rather than through its dedicated. App a move that pulls revenue. From apple and other app store owners. Currently net flicks users, on, ipads, and iphones have the option to, subscribe, via, the app stores in app purchases this makes subscribing to Netflix simpler for apple users but also gives apple a fifteen percent cut of those subscriptions Netflix told tech crunch that it's. Testing a, change the bypasses in app subscriptions in countries such as the UK and, Brazil and instead reroutes users to its own
China, Turkey and US discussed on Bucket Strategy Investing
"In June Goldman Sachs cut ten cents target price by seven percent and reduced its earnings forecast deciding, slower growth in gaming higher video expenses and. Gradual acceleration in advertising sales tencent is due to report. Second quarter earnings today the stock is currently down. More than
US, Bloomberg and Taiwan discussed on Bloomberg Best
"All this and more coming up in, the next hour. Of Bloomberg best I'm Doug krizner at Bloomberg world headquarters in New York let's check this hour's top. Business stories and the markets US airlines are planning to. Comply with. A demand from the Chinese government it wants carriers to identify Taiwan to reflect China's claim on the island territory we are told you. As carriers affected by the mandate include American delta United continental, and Hawaiian holdings and they will begin. We are told to change their Taiwan. Reference, over the next day or two Facebook is trying to open a center in China to support local startups even though the company's apps and websites are still blocked in China you might remember earlier this month Facebook set. Up a Chinese subsidiary Facebook technology it registered capital of thirty million. Dollars according to a filing after the bell here in the states AT and t., reported disappointing results in its first earnings reports since closing on the Time Warner deal there was weakness in eight AT, and t. entertainment group that includes direct TV this as a result of cord cutting and consumers moving. To internet video. The revenue number missed estimates AT and t. shares were. Down one percent in late US trading. Called palms deal to a by an XP semiconductor expires on Wednesday the agreement does then. The companies are waiting approval from regulators in China we are told a delegation. Of Qualcomm executives are in last minute discussions with Chinese, officials we check, markets every fifteen minutes here, on Bloomberg we're seeing. A little bit of pullback in the end vis-a-vis the dollar here at one. Eleven twenty five the Nikkei two twenty five is higher by one half. Of one percent hang sang eight tenths of one percent the Shanghai. Composite is a head less than, one tenth of one percent the, kospi is. Down one tenth of one percent and the ASX two hundred weaker by two tenths of one percent global news twenty four hours a day on air and a. Tick tock on Twitter powered by more. Than twenty seven hundred journal List and analyst this is Bloomberg a combination of protectionist economic policies a new Chinese initiatives are reshaping, the economic world for more on this regime Bloomberg's Tom Keene and Jonathan. Farrow spoke with Abby Joseph Cohen and advisory director and senior investment strategist at Goldman Sachs. I guess we've gotta talk about vanilla equity investment. How do you respond when you see the gloom articles they seem to peak Friday about seven, PM but. You've spent decades in cycles of doom and gloom are the doom and. Gloom articles, on a given Friday now. Different than they were other eras I think that we're seeing increased concern. Tom and it's appropriate in terms of where the United States in the world are heading in terms of Ideo political. Alliances and, also in terms of the trade picture we have taken for granted since the nineteen fifties at the United States would Dominate in. So many different areas we. Were by far the. Strongest economy the other, economies of Europe in Japan had been devastated by. The second World War and now we have real competition on the economic front. And, that comes from China and quite frankly they are playing a long game everybody focuses on how they're doing this, quarter this year they are making long-term investments not. Just in terms of? Their own economy but in terms, of their long-term trade and political relationships their, version of the Asian Development Bank in which they're providing significant funding for infrastructure in Asia and throughout the world is the equivalent of the Marshall plan. Which gave the United States an enormous advantage, in terms of global trade focused on Europe I in the fifties and sixties and so I think there are real. Concerns when I take a look at the, equity market per se I always start with valuation the valuation is okay if If inflation and interest rates do what we think, and most importantly earnings continue to pop as they seem to be doing and real GDP seemed so strong this quarter obviously equity investors are going to. Feel good however as I look. Out into two thousand nineteen I think we're going to be seeing slower growth for example SNP earnings this. Year up twenty percent next. Year six or seven. Percent John this is single digit. Abby this is and this is a, slowdown as well in GDP and what I worry about is that if, valuation is currently fair there's not much..
Bloomberg, United States and Abby Joseph Cohen discussed on Bloomberg Best
"Don't do cut. Menu money on Vases and I'm quite confident that the Class PSA group CEO. Carlos to Varas weighs in on trade I think it's better that. We keep open trade in the world I think it will create more wealth for humanity and it will create more win situation than lose lose situations all this and more coming up in the next hour of Bloomberg best First let's check the markets and some today's. Top business stories I'm Charlie Pellett equity benchmarks finished. The day mostly higher led by technology and healthcare companies while China's, efforts to support its economy spurred interest in high-risk assets across. The Asia s. and p. five hundred index up for a second straight day Jim Karen is portfolio manager at Morgan Stanley investment management I think the stronger. Dollar is a real key if if the dollar does start to weaken that as a shore sign of risk on risk, off the dollar is actually strengthening so I think that's the. Backdrop and I know there is. A. Lot of discussion around trade and some of the concerns around have. Pushed. The dollar higher so I I would still, have to argue that the biggest risk in the market. Are still some of these trade concerns and that is ultimately going. To be stronger for the dollar so it's a real balancing act Abby Joseph Cohen is senior investment strategist at Goldman Sachs on Bloomberg television today she urged caution for fixed income investors I think it will be increasingly difficult. For fixed income investors to do well, now we're looking at global bond markets where government bond yields are negative for more than half of the developed. Economies, that's not sustainable in the United States we've already. Seen a rise in the ten year treasury yield. Two three percent cat go higher we think it will three point, six percent by the end of next year so we would. Be cautious in fixed income Lululemon athletic has named Calvin McDonald to lead the yoga wear maker as it looks to rehabilitate its internal culture and expand its. International presence, he recently served as the top executive of makeup chain Sephora stocks mostly higher SNP up thirteen of five tenths, of one percent the Dow up one hundred ninety seven up. Eight tenths of one percent NASDAQ. Little. Changed lower by a point I'm Charlie Pellett that's a Bloomberg business. Flash. Bloomberg best with June Grasso and Ed Baxter continues a combination of protectionist economic policies a new Chinese initiatives are reshaping the economic world for more on this regime Bloomberg's Tom Keene and. Jonathan Farrow spoke with Abby Joseph Cohen and advisory director and senior, investment strategist at Goldman Sachs. I guess we gotta talk about vanilla equity investment how do you respond when. You see the gloom articles they seem to. Peak Friday about seven PM but you spent decades in cycles of doom and gloom are the doom and gloom articles on a given Friday. Now different than they were other eras I think that. We're seeing increased concern Tom and it's appropriate in terms of where the. United States in the world are heading in terms of geopolitical alliances and. Also in terms of the trade picture. We have taken. For granted since the nineteen fifties at the United States would Dom Nate in so many different. Areas we were by far the strongest economy. The other economies of Europe and Japan had been, devastated by the second World War and now we have real competition on the. Economic, front and that comes from China and quite frankly they are playing a long game everybody focuses on how they're, doing this quarter this year they are making long-term. Investments not just in? Terms of their own economy but? In terms of their long-term trade and political, relationships their version of the Asian Development Bank in which they're providing significant funding infrastructure in Asia and throughout the world is the equivalent of the Marshall. Plan which gave the United States an enormous, advantage in terms of global trade focused on Europe I in the fifties and sixties and so I think there..
Stocks drop broadly as new China tariffs rekindle trade-war jitters
"Fox in for john farrow tom keene in london we are two hours away from the opening bell on wall street let me get you updated on the news that you need to know at this hour investors around the world are selling stocks after the us fired a new shot in its brewing trade war with china the trump administration releasing a list of two hundred billion dollars worth of trade tariffs on chinese goods china is vowing to retaliate no details yet as to the exact nature of the retaliation and the bidding war over britain's top paytv company it is increasing as the bid for twenty by twenty first century fox's increasing for sky tv at values the company now at thirty two billion dollars that is twelve percent more than the offer that was made by comcast of course they're all in a bidding more disney comcast for those assets of twentieth century fox and trench coats not loved so much the shares a burglary falling as much as five percent in london the luxury goods makers saying that revenue rose just three percent in the second quarter as it trails rivals in the all important china market all right it's time to find out what's going on in the world we've got to mr michael barr mr bar tom thank you very much nato secretary general jens stoltenberg says he agrees with president trump that nato allies should contribute more to the alliance in terms of defense spending but he also defended nato saying that there is strength in unity and while talking to cnn ahead of the summit stoltenberg was asked about his earlier breakfast meeting with president trump extent orange juice toll stunts all fruit solid on good breakfast.
Elon Musk Thinks Wall Street Traders And Fossil Fuel Companies Are Stealing Tesla's Data
"To the hit movie incredible two incredible gay pixar its biggest opening weekend ever with one hundred eighty million dollars in ticket sales but in an unusual move isn't is issued a warning to movie goers who have epilepsy scene with the villain screen slavery features bright flashing lights the disney says could trigger seizures in people with epilepsy migraines or chronic illness the epilepsy foundation even issued a statement all theaters the post warning signs for people wanting to see the movie i'm tj cudicini chef marcus samuelsson has bought a former pool hall and over town a historic black neighborhood of miami with plans to open a restaurant a miami redevelopment board has already point tens of millions of dollars into over town but samuelson is the first celebrity to make a commitment there he bought the building for one and a half million dollars while turning down opportunities in south beach an cates this is bloomberg best bloomberg best is about the insight and the context get from our marquess it's a great way to catch up on some of the stories you might have missed on the bloomberg stories you're not going to find in any other news organization bloomberg best bloomberg's best stories of the day our d by twenty seven hundred journalists and analysts in more than one hundred twenty countries around the world i'm june grasso and i'm ed baxter on this edition of bloomberg best for monday june eighteen mary lovely from the peterson institute discusses us trade policy in china when we placed tariffs on these types of goods were indirectly trying to get at the chinese where i off hitting mainly our allies operations in china was former commerce secretary carlos gutierrez saw the republican party we look more like game right wing european party populace not too concerned about business antiimmigrant all this and more coming up in the next our bloomberg best i'm doug krizner at bloomberg world headquarters in new york let's check this hour's top business stories and the markets president trump seems to be threatening to escalate the trade fight with china into a fullblown trade war the president has directed the us trade rep to identify two hundred billion dollars worth of chinese goods for additional tariffs at a rate of ten percent for its part china said it will take strong counter measures if the us issues in new list the aussie dollar fell to a one year low on that news the yen has strengthened by more than six tenths of one percent and equity markets in china and hong kong are sharply lower the hang sang is down two percent the shanghai composite is weaker by one point six percent the us senate has passed a defense authorization bill that would restore penalties on china telecommunications giant z t e that sets up a political clash with the white house since it overturns a reprieve on penalties from the us commerce department a disgruntled employee tesla broke into the company's manufacturing operating system and sent highly sensitive data to an unknown third party according to an email sent to staff from ceo elon musk the worker who had been denied a promotion did quite extensive and damaging sabotage crude oil right now trading weaker after moving higher in the new york session there is a key opec meeting this week and producers is said to be discussing a smaller than expected boost to production wti in the electronic session sixty five sixty we check markets every fifteen minutes here on bloomberg right now in tokyo the nikkei two twentyfive is down eight tenths of one percent in seoul the kospi weaker by nine tenths of one percent although in sydney the sex two hundred is ahead three tenths of one percent the us ten year treasury in the tokyo session with a yield of two point eight percent global news twenty four hours a day on air and a tick tock on twitter powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries this is bloomberg after president trump imposed new sanctions on china last week the us and china are heading for a potential trade war from ron trade relations between the two countries bloomberg's tom keene and jonathan farrow spoke with mary lovely a senior fellow at the peterson institute murray what's number one thing we get wrong in our tariff allowances or discussion two thousand eighteen vintage i think the biggest misconception is the extent to which the trade between the.
Seattle, Bloomberg and Jonathan Ferrell discussed on Politics, Policy, Power and Law
"A top aide kim jong un is in washington about to deliver a letter from north korean leader to president trump and we'll have more on that as soon as it happens the most restrictive abortion law in the country is temporarily blocked by federal judge it stops the so called fetal heartbeat law from taking effect in iowa next month under an agreement between lawyers for the state and abortion rights groups they sued to block the law that would ban most abortions if a fetal heartbeat can be detected president trump started the day by breaking with presidential practice again this time it had to do with the jobs report trump tweeted about the main numbers more than an hour ahead of their official release signaling a good report was on the way jason furman chaired the council of economic advisers under president obama he says presidents typically wait until after the report is out to comment on it president obama had done this tweet i would have had exactly the same reaction and conveyed it directly to him and everyone else in the white house that it was a major major problem that he had done it and i would hope that that's what's happening right now in the white house economic adviser larry cudlow says the president did have the numbers last night but his tweet wasn't meant to signal a positive report the unemployment rate did fall to an eighteen year low but democratic leader nancy pelosi says wages only grew by a third of a percent and even that is being offset by rising costs of healthcare and gasoline repeating we expect that letter to be delivered to president trump any moment now from a north korean official a top aide kim jong global news twenty four hours a day on air and it tectonic on twitter powered by more than twenty seven hundred journalists and analysts in one hundred twenty countries it's not enough to get the right people in the room somebody has to know what to ask them me dr somebody's how far is the united states from an age of a sturdy just asking because we've been talking about this in japan tom keene care for ten enjoyable book value seven percent lower than it was a biblical and jonathan ferrell seattle's been cutting costs aggressively bloomberg surveillance weekday mornings at seven eastern on bloomberg radio.
Fed holds interest rates steady, noting rising inflation
"Four rate hikes here i think you've got this sort of even those i mean charlie evans who's been intellectually consistent he wanted to see the whites of the eyes of inflation i think just sort of made this point there following the data it exactly that the data is now come to them and they now feel validated in their view loss and inflation the deceleration we saw last year was a transitory phenomena and stephen would is with russell investments i've been saying for a while that a yellen fed was willing to raise rates into a mediocre environment now you've got a paul lead fed where you get an improvement not only the economy but inflation so i think from that perspective we would be looking at three probably four rate hikes in two thousand eighteen after the bell we heard from tesla its firstquarter adjusted loss was three thirty five per share estimates were four three forty one first quarter revenue three point four one billion estimates were four three point three two billion stocks laura s and p down nineteen down seven tenths of one percent the dow also down seven tenths of one percent down one hundred and seventy four points nasdaq down thirty down four tenths of one percent i'm charlie pellett that's a bloomberg business flash bloomberg best with jim june grasso continues in his second meeting is fed chair jerome powell in the federal open market committee held us interest rates steady today for more on the decision bloomberg scarlet fu and tom keene spoke with grant thornton chief economist diane swonk and jeff rosenberg black rocks chief fixed income strategist diane let me start with you give us your thoughts on the comments on inflation with employment moving closer to that percents target and the added use of the word symmetric i think it's really important because it gets back to the idea that they're willing to overshoot on inflation even as they're raising rates and allowing unemployment to continue to fall it is i think we're gonna get to four rate hikes this year i think you've got the sort of even those i mean charlie evan who's been intellectually consistent you want to see the whites of the eyes of inflation i think jeff sort of made this point there following the data it is exactly that the data is now come to them and they now feel validated in their view that the loss and inflation.
"tom keene" Discussed on Bloomberg Radio New York
"Standards and so if and as i said i mean i think they're likely to win a fight over the waiver that means that then you've got two sets of to stop you there thanks so much that stabber and civis director of the environmental law clinic at stanford university coming up on bloomberg politics policy power and law transit president trump adds a new attorney we'll talk about what that means this is bloomberg bloomberg surveillance this is tom keene jonathan farrow a us delegation heads to beijing elizabeth economy joins us from the council on foreign relations tomorrow morning at seven eastern on bloomberg radio bloomberg the world is listening this is a bloomberg market minute us stocks little changed as investors await the federal reserve rate decision the downtown's industrial average falling ten points to twenty four thousand eighty seven s and p five hundred down three points the nasdaq is up five points west texas intermediate is up one tenth of a percent to sixty seven thirty five a barrel well looks like we're cutting back on beer but not on snacks shares of molson coors are dropping thirteen percent it says the entire us beer industry got off to a weaker than expected started the year meanwhile mondelez the maker of orioles in ritz crackers sort sales grow for the third straight quarter cbs says it's moving forward and the regulatory review of at sixty eight billion dollar agreement to buy health insurance at nah the drugstore chain expects the deal to close in the second half of the year donna wilson bloomberg radio.
Oil climbs on Saudi price ambitions and U.S. stocks draw
"A real possibility now okay that's that's theater at this point in the markets figured that out and it's moved back up at the same time i think risks have risen has for the interest rate outlook david don abedian is chief investment officer of the atlantic trust group the language from the the new powell fed has been a little bit more pocket and we think that will translate into three more rate hikes this year a little bit more than the than what's built into the market now crude oil rallied to the highest since december twenty fourteen after the us government reported across the board declines in domestic stockpiles of oil oil gasoline diesel and jet fuel opec and nonopec oil ministers will be meeting tomorrow in jeddah saudi arabia to discuss how to keep a global oil glut from returning as for the oil outlook francisco blanche's head of global commodities research at bank of america merrill lynch i don't see a sustained eighty plus throughout the whole year because again remember the peak of the of the demand season is july fourth does one every american goes on and drives but also every europeans out on vacation in in july and all this strikes let's going to press up the price of oil led by the transportation fuels like diesel and gasoline west texas intermediate crude oil advanced today by three point four percent after the bell earnings beats from both american express and alcoa stocks mixed the dow down thirty eight down two tenths of one percent sp up two points up one tenth of one percent nasdaq up fourteen up two tenths of one percent i'm charlie pellett that's a bloomberg business flash bloomberg best june grasso and ed baxter continues as mike pompeo awaits senate confirmation to become secretary of state president trump confirmed today the former cia chief met with north korean leader kim jong hoon last month for more on the us position in asia bloomberg's tom keene in france in the quad spoke with robert hormats vice chairman of kissinger associates what would be your vice to mr pompeo in terms of the speed of change.
"tom keene" Discussed on Bloomberg Radio New York
"Tom and lisa really appreciate it s why lisa abramowicz and tom keene on global wall street later lisa martinuzzi weather's earlier on the continuing travails at deutsche bank we now get brighter and smarter with michael mayo at wells fargo and he's dragged along at least greenberg we're gonna talk about bbn and which is own twisted story here but mike i gotta rip up the script and spent a good amount of tinier on you don't follow deutsche bank but you can certainly talk about european banking in your bbn and research note you talk about how they had to go out in quote reduce expenses by six percent year over year european banks really can't do that can they slimmeddown the infrastructure raise capital just manage better for profitability and that's a big contracts the european banks which are less efficient lower returns less capital and just but did not take their medicine with your decades of experience are they that way because of the cultural realities of those nations and those peoples in society or they just afraid to be like bbn to your bank of america j p morgan while there are cultural and political differences that make it more difficult but i also think that the us regulators did a better job at forcing the issue with the us banks as strong as the european regulators have been it's not like one central regulator that's forcing the the european banks to go to where they need to be at least wants to jump in nearby.
"tom keene" Discussed on Bloomberg Radio New York
"The euro dollar twentythree ninetyfive unit went oh five point six six red hat is the best performer in the s and p five hundred this morning up four point six percent right now at forecast revenue for the first quarter that was better than analysts were looking for and that's a bloomberg business flash tom and lisa so much lisa abramowicz tom keene with you on a journey to the market morning up this is without question the most fun story that we've got i love it wither us where where's fortress bezos gonna plant themselves i was interested in second city i'm sorry i was really interested in hearing about your sold out albums so i personally found that the most fun so far though it was ancient ancient history ancient history is a success amazon it's been something showed them with us right now with bloomberg begin as we look at the the headquarters battle for amazon let me cut to shape who has the upper hand right now if you're a purely going by local and state sales tax you might say indianapolis they're effective tax rate would be the lowest when it comes to property taxes which is the largest tax at a local state level that amazon would have to pay i love new york city mayor bill de blasio parentheses close parentheses so the city's offering nothing chats for folks quoting is wonderful article i mean city the city is everybody doing the same strategies are really some unique efforts the problem is that with few exceptions the cities are not releasing details of the proposals so we we attempted to do is look at the existing tax incentives and how amazon would benefit just from those existing benefit so we have a sense of how big of a proportion of of the calculation taxes is right now i mean there are other considerations like mass transportation and whether anybody actually wants to live there when it comes down to it though is it really about dollars and cents i would imagine not new york city which has going back to property taxes would have the largest tax bill or would offer him the.
"tom keene" Discussed on Bloomberg Radio New York
"The strength of consumer spending it throw some doubt about the rate of inflation in its acceleration will the fed half the titan four times this year instead of three after the bell cbs reported fourthquarter revenue that beat analyst estimates three point nine billion estimates three point seven one billion stocks higher sp up 32 up one point two percent the dow rally three hundred six points up one point two percent nasdaq surge one hundred twelve points up one point six percent i'm charlie pellett that's bloomberg business flash bloomberg best with withdrew russell when ed baxter continues gabeli funds chief investment officer howard ward is suspicious of the rebound in the s p which he says defies the historical trend for stocks following a ten percent market correction he spoke with bloomberg's tom keene and francine require the ward the to vote this week is regime change it to roll my readers up what are you regime changes the will of murrial gabeli in old ward of eurasia in changed no that just israel has assessors what are you doing his business as usual one is what's out there the vix fifty the vix forty two what do you actually do your desk in front of your bloomberg terminal not a heck of a lot tom we've become spectators at the show and it was a show what we saw over the last ten days the volatility in the market and to a large extent tom we had been expecting a downturn in the market because we had gone he record period of time without as much as a fivepercent pull back and when you do the math on what you should be expecting in terms of a year and target let's say for the sp bestcase scenario i would i would venture to guess would be about seventeen and a half times the expected earnings for two thousand in nineteen that get you to twenty nine seventy five and the sp and we were almost there is that we were bumping up against that ceiling the economy was doing better and then we're thoren fiscal stimulus on rates went to a fouryear high rates began the year and the tenure at two forty were 290 fifty basis point move in six weeks and so the markets snapped i mean that was the cameras we've had we've had a.
"tom keene" Discussed on Bloomberg Radio New York
"That we could be an environment of of higher yields at a weaker dollar if we had better growth abroad if we had the fed hiking but not that aggressively ethic we could return to that trend right now the market seems so hyperfocused on this inflation print that obviously it makes sense that we have a stronger dollar and higher yields post the higher than expected inflation for an and julian amanullah's chief equity and derivative strategists did bt ig but bottom line is when we when we think we still coming from an absolute level were really historically low so from that perspective when we think about the equity market as long as we're going to get economic growth and in guangdong we're going to get earnings growth both which we feel very confident about in 2018 the stock market trade tire ultimately sp 500 index up 35 up one point three percent the dow up two hundred fifty three up one percent nasdaq up one hundred thirty up one point nine percent i'm charlie pellett that's a bloomberg business flash bloomberg best withdrew russell and ed baxter continues the cover story in the latest edition of foreign affairs magazine is entitled letting go trump america and the world for more on america's changing role on the geopolitical stage bloomberg's tom keene and francine the spoke with foreign affairs editor gideon rose let's get one of the ulcers adam posen a good friend of the show with a peterson institute here here's dr pose an undue mr trump's globalization it is plausible those the united states retreats and thereby weakens its economy the trump administration will blame the economic damage not on its own actions but on foreign governments creating a selfperpetuating cycle of anger the sister will pour the system will be nastier the system will be less fares that where we are right now get him not quite it's where we may be heading and so big theme of a lot of the pieces in this package on sort of the trump administration at one and america's relations with the world is that it's really too soon to tell because there's been a lot of bad things the administration has done over the past year but they haven't really had truly terrible consequences for the economy for the.
"tom keene" Discussed on Bloomberg Radio New York
"Microcredit create proper vacant for their very little forward quickly all right now lobby occur come in and kelvin there's a headline just coming out david girl gop tax plan is said to fully repeal estate tags two weeks after tom keene does no a january one two thousand twenty four there it is on that note laura on another headline that we got the house gop tax bill said the set permanent twenty percent corporate tax rate has all the shaking out i mean there's been some intense debate here over these last 48 hours within this committee on the republican side let's start with the corporate tax rate they're being set a twenty percent how hartel how hard fought with that what was that was very hard there we talk about never pay any elect holy cross down or perhaps inc an hour after upon your budget when out they finally agreed q holding permanent twenty percent like could get all the republican committee on board however really in opening date in our member over an hour we have a lot more coming up that it very very light wicket hold on at they look at the numbers robert rate it up two billion dollars that lure your and make a joke about or your killing fabulous job here in the trenches the capitol hill everything you say tells me this is a longer process allah howard baker in the others of nineteen eighty six am i wrong on that i mean there's no way what's what you're talking about kits be to a thanksgiving bill it will be very difficult cookie that could it be done at uh but that performing failing no gift agreement around but among republicans are that we here are that's really thin tori no matter what what you know we we've heard quite a bit from the the chairman of the house ways and means committee about what he's up to again this has been done serve secrecy but he's been we've heard a lot more from him by comparison to his senate counterpart i believe that's orrin hatch whose draft in this on the on the senate side how closely aligned are these two gentlemen what do we know about how closely these two bills are going to match up when we get the senate version i guess in a week a ten days time no that's really unclear on.
"tom keene" Discussed on KBNP AM 1410
"In for david gura with tom keene we're looking at the dollar probably the one thing that you want to watch out for today head of that nonfarm payrolls the dollar extending gains to an almost threemonth hi i'm also looking at treasury yields now they're rising there seems to be a lot more confidence in the market that the world's largest economy yes it is the un s is growing in the build up to the latest jobs data here in europe things a little bit more makes european shares are actually edging lower sometimes sideways bond yields rising the euro paring losses as we continue to follow the catalan in crisis that's continued to unfold and then i'm looking at pound dropping to the lowest in a month after the former cabinet colleague of theresa may saying he's run a campaign to actually al's turn now let's check in on what else is going on in new york and around the world was bloomberg's michael barr high michael hello francineau tom the director of the antinuclear campaign that won this year's nobel peaceprize says that it sends a message to all nuclear armed states all states that continue to rely on nuclear weapons for security betty it is unacceptable behaviour the international campaign to abolish nuclear weapons won this year's nobel peace prize i can't executive director beatrice finn such as important signal to everyone who has worked tirelessly for nuclear disarmament four since lincoln foot five the rebel committee says the organizations receive reward for its work to draw attention to the catastrophic humanitarian consequences of any use of nuclear weapons president drop as delivered it for boating message telling reporters as he posed for photos with his senior military leaders that this might be the calm before the storm reporter asked what storm trump responded you'll find out tropical storm data's already shut down oil and gas blood forms of the gulf of mexico straight grin as it continued north of the path fair will bring it assured the us by monday the elders 24 hours a day powered by more than twenty seven other journalists and analysts in more than 120 countries i'm michael this is bloomberg frenzy michael thank you so much to now for the bloomberg nbc sports report brought to you.
"tom keene" Discussed on Bloomberg Radio New York
"David gray in washington tom keene in new york this is bloomberg let's get second after on world headlines have our colleague mike bar faded tom thank you very much president trump will call on world leaders to confront north korea and iran as he prepares to give his first address to the un general assembly this morning trump will likely designs of the peril posed by the weapons programs both countries is to grow eight for any country to remain on the sidelines bloomberg will carry trump's address launch tropical storm watches remain in effect for long island ahead of hurricane oh zang hurricane maria past smashed hindudominated with one hundred sixty five mph winds ripping the roof off even the prime minister's residence and go charles in what he called mind boggling devastation as it plunged into a caribbean region already ravaged by hurricane alma global news 24 hours a day powered by more than twenty seven hundred journalists and analysts in more than hundred twenty countries i'm michael barr this is bloomberg david tom megabucks thank you so much appreciate that seven days roh up for the we made enough about this mother of all who markets the vix nine point nine four futures up to tap futures up thirteen kerr in washington tom keene in new york this is bloomberg think news about mergers and acquisitions can make or break a company's stock price like little elf that's what makes bloomberg's deal of the week podcast essential listening for anyone curious about the biggest issues in the emini route hates alex sherman has tackled everything from uber's deal with china's didi to the sale of gawker media and why no one seems able to buy hershey find it on the bloomberg terminal bloombergcom itunes.
"tom keene" Discussed on Bloomberg Radio New York
"York history zhu conversations from bloomberg television here's tom keene through with us do they done strazheim of ever core isi he's truly the definitive market economist on china what is the power right now of president g how much is the president wind up with the dragons so he is he is now called core he's the number one guy he has all the powers cordoning corn means he is the the leader of the party he will continue to be the leader of the party this transition in november president sheehan's power to present she for the next five years he's the eliminated all the doubters all the potential adversaries what is the policy he wants if you're advising the president the of the united states he wants to stay in power and the most important difference i think is that washington seems to want china to strangle north korea which they could economically in a month but china sees north korea as an important buffer between china and the south korea a a client state of america and the last thing china once is for north korea to collapse in some way then they have syria on their doorstep this is not helpful hear more interviews like this one on bloomberg television streaming live on bloombergcom and on the bloomberg mobile app or check your local cable listings the mobile business news 24 hours a day bloombergcom the radio blows mobile jio bloomberg business.
"tom keene" Discussed on Bloomberg Radio New York
"Bloomberg television here's tom keene through with us today done strazheim ever core isi he's truly the definitive market economist and china what is the power right now of president gene how much is the president lined up with the dragons so he is is he is now called core he's that number one guy he has all the powers cordoning core means that he is the leader of the party he will continue to be the leader of the party this transition in november president she hands power your president she for the next five years he's eliminated all the doubters all the potential adversaries what is the policy he wants if you're advising the president of the united states he wants to stay in power and the most important difference i think is that washington seems to want china to strangle north korea which they could eat economically in a month but china sees north korea as an important buffer between china and between south korea a client state of america and the last thing china once is for north korea to collapse in some way then they have syria on their doorstep this is not helpful hear more interviews like this one on bloomberg television streaming live on bloombergcom and on the bloomberg mobile app or check your local cable listings global business news 24 hours a day bloombergcom the radio plus mobile app and on your radio this is a bloomberg.
"tom keene" Discussed on Bloomberg Radio New York
"Tom keene spoke with dallas fed president robert kaplan judgment though on the balance sheet on in the united states i think we designed it to be done gradually and in a way that is phased in that i believe will i believe and i expect it will read that will have a minimal impact on the treasury and market bet mortgagebacked securities markets that i we designed it that way to be very slow gradual so it minimises the disruption to those markets financial officer john shrewsbury says wells fargo lost tens of millions of dollars revenue from municipal and state clients since a sales scandal in its consumer bank erupted ten months ago wells fargo shares down one point one percent stocks higher sp up eleven to a record twenty four fifty nine of five tenths of one percent the dow also at a record up four tenths of one percent nasdaq up sixtenths of one percent global news 24 hours a day powered by more than twenty seven hundred journalists and analysts in more than 120 countries i'm charlie pellett this is bloomberg he's the sports international olympic committee space in of places sport two point two insee put your money where the money is flowing inside sports ronda rousey ars engine laws similarly slow on paying five or ten percent what i used to paid by the whole team michael ball nothing like sheep which is would get scouts are counting you took your bread outside of the united states how do you plan bloomberg business of sports on bloomberg radio.