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Nobody else would consider myself a journalist. I began to take on the life of being an interviewer, even though i had a day job of running a private equity firm. How do you define leadership . What is it that makes somebody tick . You are clearly one of the worlds most Successful Technology investors and businessmen. Let me start by asking about a fund you are now raising, the division fund. It is supposed to be a fund of 100 billion . Masayoshi yes. David that would be the biggest fund ever raised. When you told people that you were going to raise a 100 billion fund, the date did they tell you you were crazy . Masayoshi some people said. [laughter] david you had a meeting with the deputy crown prince of saudi arabia, who is now the crown prince. As i understand the story, you went in, and in one hour, you convinced him to invest 45 billion. Ok . Masayoshi 45 minutes, 45 billion. [laughter] david ok, i apologize. Masayoshi ....
Forward to . Welcome to Bloomberg Markets rules and returns, i am nejra cehic in london. Where we dig into the opportunities for markets around the globe. From mifid ii to doddfrank, we speak to the top newsmakers and Market Participants shaping and reacting to a new generation of rules. Lets kick this show off with etfs. Passive investments are getting a boost in europe. Mifid ii is expected to increase flows from Retail Investors in the u. S. The fiduciary duty and new guidelines will raise their exposure to etfs. To talk about the impact that mifid ii will have on etfs in europe, steven coen at blackrock. Stephen, so great to have you on the program. I have brandnew hot off the press Intelligence Research saying europe etfs may double to 2 trilli ....
U. S. Debt limit, tax reform, and liquidity requirements for Community Banks. He also discusses possible provisions to deter currency manipulation and future u. S. Trade deals. Held by the House Financial Services committee, this is three hours. The committee will come to the committee will come to order. The chairs authorized to declare recess of the committee at any time. Members will have five legislative days in which to submit extraneous materials to the chair for inclusion the record. The hearings for the purpose of receiving the secretary of treasurys annual report on the state of the International Finance system. But before proceeding to that report, i will give you a report on the hollingsworth family of indiana. Would like to share with you some bury good news. Hollingsworthbert the fourth arr ....
The u. S. Trading day. Julie hyman is tracking the allout from the surprisingly hawkish fed minutes yesterday. Julie but we are having a delayed reaction. Yesterday, stocks came down afterward but finished little changed. Also, as we hear from other fed members who have been making comments this morning, saving to support again that june is on the table, july could be on the table. , s p, and nasdaq are all trading lower, up off the lows to some extent today. Yet, when you look around at other markets, they are not necessarily supporting this narrative. You could look at the twoyear as well as the 10year, and yields are actually lower, which is not what people would take if. Nterest rates are going higher im looking at world bonds and twoyour notes around the globe. The u. S. And canada at the top. As you go down, that blue column, you see a lot of negative numbers, so you are not getting yield elsewhere. The yield still at least relatively by comparison looks attractive. Also look at ....