Narrative is that President Trump and the ministration looking to get things back to work, even as the coronavirus is now firmly in the white house itself and the administration. We have the likes of Cardinal Health 5. 2 , and some of the other Health Care Stocks like gilead, eli lilly up more than 2. 5 apiece. Under armour continues the guidance story, not giving any indication of what it is expecting, but says the Current Quarter will be the most impacted by the coronavirus. Shares are down about 11 . The yen we getting today. Stronger dollar once again. Food is unchanged crude is unchanged, 24 a barrel. Guy interesting to see that spread between brent and wti widening out. Lets figure out what is happening in the markets and what is going on in terms of portfolio construction. Riserto gallo from algeb investments is joining us on the line. We are trying to figure out how we reopen an economy in the united states. Weve got the u. K. Starting to think about reopening its economy, or a
Negotiators are coming out and saying china is a problem. Resident negotiators with no deal odds rising. The timing is a hint there may be a willingness to talk. Rosalind another round of earnings reports sends signals about the Global Economy. Xiaomi is facing headwinds on a number of macroeconomic fronts. Certainly in europe, there is no question we are seeing , weakening. Rosalind Federal Reserve chairman jay powell speaks at jackson hole. And bloomberg gets exclusive insight. We are at a sort of equilibrium right now, and i would be happy to leave rates here. We have to be careful not to ease too much when we do not have significant problems. Lower rates will stimulate our economy somewhat. I dont see this as the end of a ratecutting cycle. I think right now we are where we need to be. Rosalind it is all straight ahead on bloomberg best. Hello and welcome. I am rosalind chin. This is bloomberg best. Your weekly review of the most important Business News and analysis around the worl
Taylor the market darling of sparkling water is losing ground. Jason joel weber is with us. Joel we wanted to do this story in a summer issue. It is the zeitgeist of summer. One thing that has happened is consumers have shifted away from soda and embraced sparkling waters. They have encapsulated that and boomed. All of a sudden it has gotten competitive. Taylor we learned a lot about their competitors, mainly pepsi and cocacola. Joel they are owned by national a beverage and out as part of their portfolio. But going against cocacola or pepsi, once they opened their war chest and looked at sparkling water, they can say we know how to put that in a can. Jason that is coming in from the top, then you have craft beers and food, now it is sparkling water. Joel it is what they introduced the marketplace. They invented the category and rejuvenated it, and they are met on both sides. Taylor we learned as well about the founder and ceo, what is he like . Joel this is a person who came into his
International news outlet since taking office. Jason and its showtime, the brewing battle for dominance in the video industry. Why 2020 will be the hunger games of the media industry. We begin with joel weber. How do you put an issue like this together . Joel our goal was to program conversations at backyard barbecues. A little bit of everything for everyone. Streaming will be a conversation that unfolds over the next year. Media and Tech Companies will go to the mattresses and spend billions warring with each other. Taylor another big story, walk me through that. Joel victorias secret, a huge business rising for years, and now it is starting to fall. The Jeffrey Epstein scandal continues to unfold, so we step back and say epstein aside, this business is about to go through a lot of changes. Jason Lance Armstrong is back. Joel this inspired me for the Tour De France season. Lance is not a name we hear much anymore, he was brought down by another scandal. Is there a chance at redemption
In his first interview with an International News outlet since taking office. Jason it is showtime the , brewing battle for dominance in the video industry. And why 2020 will be the hunger games of the media industry. We begin with editor joel weber. How do you put an issue like this together . Joel our goal was to program conversations at backyard summer barbecues. A little bit of everything for everyone in this streaming will one. Be a conversation that unfolds over the next year. Media and Tech Companies will go to the mattresses and spend billions warring with each other. Taylor another big story i like rands. L about l b joel victorias secret, a huge business rising for years, and now it is starting to fall. The Jeffrey Epstein scandal continues to unfold, so we step ped back and said, epstein aside, this business is about to go through a lot of changes it is not ready for. Jason Lance Armstrong is back. Joel this inspired me for the Tour De France season. Lance is a name you dont