And joel, we will start in the finance section. We have to talk about the markets because we all started off the week with a crazy stock market. Joel it has been a wild week. Backdrop here really starts last friday with the jobs report. Markets come back on monday and there happens to be a new fed chair. That backdrop is a really interesting thing that ends with this major selloff on monday. Right . And then on tuesday, it goes the other way. I think everybody has been a little whiplashed by that. A bigger conversation nine years into this epic bull market. A lot of Retail Investors have only ever seen green and this is their first time seeing red. Carol a lot of millennials, right . Joel the youngs. And its so easy to trade now. If you think about what it was like nine years ago to where it is at now, you can do this on the smartphone with a touch of a button and that is a free thing, right . A free transaction. That builds in really bad behavior. Thats part of what we read about this
Carol we are here with the editor in chief joel weber. And joel, we will start in the finance section. We have to talk about the markets because we all started off the week with a crazy stock market. Joel it has been a wild week. Backdrop here really starts last friday with the jobs report. Markets come back on monday and there happens to be a new fed chair. That backdrop is a really interesting thing that ends with this major selloff on monday. Right . And then on tuesday, it goes the other way. I think everybody has been a little whiplashed by that. A bigger conversation nine years into this epic bull market. A lot of Retail Investors have only ever seen green and this is their first time seeing red. Carol a lot of millennials, right . Joel the youngs. And its so easy to trade now. If you think about what it was like nine years ago to where it is at now, you can do this on the smartphone with a touch of a button and that is a free thing, right . A free transaction. That builds in rea
Surrounding region. More than 50 people have been rescued and the death toll is now at 245. The United Nations today unanimously passed a resolution to investigate crimes in iraq. Anarygeneral antonio Investigative Team to help iraqs authorities to investigate crimes committed by militants and bring them to justice. Long timehave taken a to get here but todays resolution is a landmark, a major first step toward addressing the suffering an injury of the victim of victims of crimes committed in iraq. Mark can yous Electoral Commission has announced move the date for a new president ial election to october toy sixth. The election was nullified by the kenya supreme court. Thatew it was ruled they did not follow constitutional guidelines. It is the first time a vote has been legally overturned and africa. Decisiondent says the subverted the will of the people. Global news 24 hours a day powered by more than 2700 journalists and analysts in over 120 countries. This is bloomberg. Live from bl
Putin said moscow opposes any unilateral change to the agreement. President trump has refused to recertify the deal. France, germany and the year be in union have also urged President Trump to adhere to the agreement. U. S. Navy leaders are recommending a sweeping list of changes in sailor training, requirements and safety procedures. The ap learned a report scheduled to be released tomorrow seeks to address systemic problems across the Pacific Fleet that led to two deadly collisions earlier this year leaving 17 sailors dead. News 24 hours a day powered morning i am Mark Crumpton. This is bloomberg. Live from bloombergs World Headquarters in new york. Were 30 minutes from the close of trading. U. S. Stocks mixed as the fed keeps on track for the debt rate hike and we await news for the next fed chair. Can add tax reform to the list of tax agenda items facing a delay on capitol hill. House republicans plan to rewrite unveil the plan tomorrow morning. Gears up to phase investors after fa
With the taliban. President Trump America will work with the Afghan Government as long as we see determination and progress. However, our commitment is not unlimited and their support is not a blank check. Will hold aresident rally in phoenix, arizona, today. The mayor called her a delay, following the events of charlottesville. Joining us to discuss is bloombergs editor in chief and bloombergs Foreign Policy reporter, joining us from washington. Great to have you on. Flows and on point president ial trump, would you agree . That is what people are saying, but we will see what happens tonight in phoenix. Im sure others resist this flipflopping on how we describe him. He gave a deliberate speech last night on afghanistan, but we have to set the context of the turmoil that has engulfed the white house, frankly the nation, over the last 10 days. Lets not bypass that with one on prompter sticking to the message speech and also when it is the strategy we see being put forth in afghanistan,