I am Katie Greifeld in new york welcome to Bloomberg Markets on this friday. You take a look at where the s p 500 stands in trading. Its a red day so far. You can see the s p 500 off about. 6 , slightly worse if you take a look at big tech. The nasdaq 100 off by about. 9 . All the while you can see the volatility rising a little bit if you take a look at the vix. Of course, still at pretty depressed levels, under 15 but getting closer and closer. Im thrilled to say we have a great guest on these markets. We are joined by rob arnott, Research Affiliates founder. Good to see you. Rob good to see you. Katie lets talk about nvidia because you warned in september you saw a big market delusion in nvidia. It was a great company, he wrote, but christ beyond profession perfection but christ beyond if it was perfection that it was priced for then, what now . Rob beyond perfection. Rather than singling out a single stock, its interesting to note that back in 2018, we developed a definition for th
So what is driving this revival in bitcoin . Erin delmore reports. Its been more than two years since we have seen Bitcoin Cross the 60,000 mark, but the cryptocurrency did just that on wednesday, even soaring to 64,000. It may be closing in on its all time high of 68,000. There are a few reasons why crypto enthusiasts are fired up About Bitcoin these days, newly approved Spot Bitcoin Exchange traded funds have investors buzzing and there is a change coming up in april when bitcoin miners start getting less bitcoin for their efforts and the spectre of lesser supply fuels more demand. 0ne lesser supply fuels more demand. One more thing than any background here, the Federal Reserve is expected to cut Interest Rates this year, that stokes investors because interest in alternative investments like cryptocurrencies. But its not all smooth sailing, some uses of queen based global, the largest trip to exchange in the us unexpectedly saw their balances drop down to zero among the bitcoin buzz
Maryland. Alleghany county Public Schools cancelled all morning pre k classes and orange country virginia schools on a twohour delay today. Stay tuned. Lets talk about. It mike is in the Weather Center and caitlin in for traffic today. So, mike, what other word is there other than brutal right. Welcome back holly welcome to the cold. Yeah. Were dealing with a lot of it out there. Graphic told it all. So cold theres school delays. Believe it or not well get colder later this week. Hey, mike, so cold contending with a water main break there. That makes it difficult as the water can easily freeze. Well let you know where the work around spots are as you get ready for a very busy morning. Holly, maureen. Speaking of cold weather related problems breaking early this morning out of the district a flooded middle school in southeast. Concern is over kramer q street it could be part of a mains in the area. Melanie alnwick is live on the scene with the latest. Mel, what can you tell us. Good mor
Thanks for the answer. I appreciate it. Welcome to the nyu bookstore. This is a first event of our fall season where happy all of you are here tonight. You probably notice the cameras. Cspans booktv is here tonight as also tell your friend who could not come up they can watch it on television later. Since we are filming, when opened the floor for questions, please hold the questions until you are given this microphone. Also please turn off your cell phone ringers. I appreciate that. Tonight were just love it the release of kevins new book, a force so swift mao, truman, and the birth of modern china, 1949, which was released today. Kevin peraino is a veteran and Foreign Correspondent was reported from around the world. He spent a decade as a Senior Writer and pure chief for newsweek magazine. He was a finalist for the livingston award for Foreign Affairs reporting and was part of a team that won the National Magazine award in 2004. His first book was titled lincoln in the world, the mak
Turkey and france discuss establishing a buffer zone against the advance of i. S. Militants. Hello. Within the last hour, the pakistani Education Campaign Malala Yousafzai and the indian rights activist satyarthi have jointly won the Nobel Peace Prize. Malala is the youngest ever winner of a nobel prize at 17, and Kailash Satyarthi has forged to eradicate child slavery and labor for many years. The Norwegian Nobel Committee awarded the prize saying peaceful Global Development can only come about if children and the young are respected. In the current global situation, i think its important to highlight those persons that give young people a hope. Let them go to school, rather than to be employed in negative activities around the world. So we have given also the prize to Kailash Satyarthi, that has worked against the suppression of young people and for education, against exploitation, extreme exploitation of young people, through many, many years. So this combination is a good one as we