Before the meeting. We will see what happens. Rosalind protesters keep pushing for concessions in hong kong. The u. K. Parliament takes a stand against a nodeal brexit. Parliament saying clearly we will not take kindly if you try and bypass us. Rosalind ibm and red hat seal one of the biggest tech deals ever. We will help extend their reach into 175 countries. Rosalind close Henry Mcveigh says recession may be coming, but investors should not fear the worst. If i were to quote shakespeare, it is sound and fury signifying nothing. Rosalind it is all straight ahead on bloomberg best. Hello and welcome. I am rosalind chin, and this is bloomberg best, your weekly review of the most important Business News, analysis, and interviews from Bloomberg Television around the world. Lets start with a daybyday look at the top headlines. Deutsche bank announced a dramatic overhaul of its Global Operations in the struggling lenders latest attempt at a turnaround. David a banking bombshell. Deutsche ba
Details. They are changing as we speak. Its all piling on as we see what could be another record day for the markets. Now, heres why i say that. Any gain for the nasdaq will be another record close, but right now, the nasdaq is down 15 points. The dow this morning crossed the magical 27,000 point level for the first time ever. We are still there. We are at 27,027. And the s p 500 again today topped 3,000 intraday, but you know, we couldnt close there yesterday. Will today be the day . Got to stay with me. We expect President Trump to make remarks at the white house during this hour. Hes scheduled to speak at something he put together, a social media summit. Our tech Panel Reading between the tweet lines, which might be a little difficult to have a social media segment here, because guess whos not invited to the social media summit . Two of the top social media people. Plus, president ial wanttobes attacking President Trump and Corporate America but is that what Business Owners who migh
The phillips card phillips curve tradeoff does not exist anymore. That is news breaking. She got it right. He confirmed the phillips curve is dead. The fed is going to lower Interest Rates because we are growing rapidly without any inflation. I look forward to supplyside discussions. Larry kudlow also tried to diffuse work tried to diffuse rumors the president wants to replace fed chair Jerome Powell. Unemployment ratings have fallen to a new low. An employment rate among people eligible for benefits held at 1. 2 . Global news, 24 hours a day, on air and on tictoc on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. Im Mark Crumpton. This is bloomberg. Life from bloomberg World Headquarters in new york, im shery ahn. Alix live in toronto, i am amber. But them to bloomberg markets. We are joined by our bloomberg and vmm and bloomberg audiences. Hear the stories we are following from around the world. Is wrappingy powell up a second day of testimony
Rosalind protesters keep pushing for concessions in hong kong. The u. K. Parliament takes a stand against a nodeal brexit. Parliament saying clearly we will not take kindly if you try and bypass us. Rosalind ibm and red hat seal one of the biggest tech deals ever. We will help extend their reach into 175 countries. Rosalind plus, kkrs henry mcvey says recession may be coming, but investors should not fear the worst. If i were to quote shakespeare, it is sound and fury signifying nothing. Rosalind it is all straight ahead on bloomberg best. Hello and welcome. I am rosalind chin, and this is bloomberg best, your weekly review of the most important Business News, analysis, and interviews from Bloomberg Television around the world. Lets start with a daybyday look at the top headlines. Deutsche bank announced a dramatic overhaul of its Global Operations in the struggling lenders latest attempt at a turnaround. David a banking bombshell. Deutsche bank announced a fundamental change in its bu
Alix even President Trump took to twitter to congratulate the team, versus a couple days ago, when one of the women said we are not going to the white house, and he said why dont you win first. Now apparently very proud. David it was a great game. The u. S. Was really taking it to the netherland for the first half, but they kept it up in the second half. Alix go team usa. In the markets, you have powell coming out in the next couple of days. Drive up Market Reaction for this week. Eurodollar lower by 1 10 of 1 . The dollar getting a little bit of steam in the last 20 minutes of trading. Crude also quiet. It is a quiet market with idiosyncratic events turkey, like Deutsche Bank. David what a nice word to use. Alix right . David idiosyncratic. Time now for the morning brief. Today, British Conservative Party members mail in their votes for the next Prime Minister, widely expected to be Boris Johnson. On tuesday, the Allen Company conference gets underway in sudden valley. We also get chi