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Fed, if you will. Have got to because the Federal Reserve. This is Janet Yellens last policy decision. A wideranging set of views including those on bitcoin. A speculative situation. When it comes to Monetary Policy, three hikes expected for next year. It seems to Economic Growth, but inflation, the mark. Question we are about 30 minutes out from the open in china and in hong kong. David, a bit of a mixed picture when it comes to the equity side. We are seeing the dollar maintaining those losses. David we welcome to a substantially weaker u. S. Dollar. That actually showed up. Im going to tie it together with the aussie number you mentioned at the top of the show. Have a look at the move down in the 10 year yield in australia. Here is the pop we got 30 minutes bac ....
One, but it is a wakeup call for the Prime Minister. The tally is the worst performance in two decades. He may adopt a more populist agenda. Global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. This is bloomberg. Lets take a look at the markets. Australia has closed out tuesdays session in sydney, up by 7 10 of 1 , the nikkei flat cured the hang seng looking good after the lunch break and India Holding onto gains. This is bloomberg. Emily im emily chang and this is bloomberg technology. Coming up, bitcoin hits another gear on a bigger stage. Why sundays cme debut could play a defining role in the cryptocurrencies march to the mainstream. Plus, the blackout at americas Busiest Airport. How tech can help keep the power running when the lights go out. And stepping up sec ....
Ceo kaifu lee. You came to the u. S. In 1973. You were 12 years old and moved to tennessee. Tell me about what must have been Culture Shock in that moment. Kaifu i did not speak a word of english, but the people were extremely friendly, that southern hospitality. I made a lot of friends. In class i was totally lost. They were teaching in front and i was reading my chinese books. Emily somehow you caught up because you went to columbia, phd at carnegie mellon. You were working on speech recognition, of all things, which now for decades later is four decades later is the forefront of new technology. Kaifu also Artificial Intelligence, machine learning. It was an exciting age when there is so much unknown and so much naive optimism, but it is gratifying to see finally all of that coming to the real world. Emily you joined apple in 1990. How closely did you work with stev ....
Invest in the next generation. Joining me today on bloomberg studio 1. 0, sinovation ventures ceo kaifu lee. You came to the u. S. In 1973. You were 12 years old and moved to tennessee. Tell me about what must have been Culture Shock in that moment. Kaifu i did not speak a word of english, but the people were extremely friendly, that southern hospitality. I made a lot of friends. In class i was totally lost. They were teaching in front and i was reading my chinese books. Emily somehow you caught up because you went to columbia, phd at carnegie mellon. You were working on speech recognition, of all things, which now four decades later is the forefront of new technology. Kaifu also Artificial Intelligence, machine learning. It was an exciting age when there is so much unknown and so much naive optimism, but it is gratifying to see finally all of that coming to the real ....
Back to gadgets . We will be live this hour. Betty a jampacked day today. You cannot get the bond kings to not talk today. This is noting that the 10 year, seemseasury bull market to become to an end and the bear market is starting with a yield and hitting 2. 5 and then you have jeffrey, coming out of the later, also in his outlook and webcast when he talks about bill gross saying that this might be a little early but with these yields rising, it is going to hurt u. S. Equities, he noted that everything about two point 63 is going to start hurting equities and that is why he sees the negative return in 2018. Heard that from a lot of the analysts we have heard talk to. But perhaps he jumped the gun when it comes to calling and confirming the end of that bowl, on the market. Bullbond market. It is going to be very interesting when it comes to the face income and currency. Lets see who is right we did see another day of record in tear, the s p , igher and as you can see all that is having ....