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And s p 500, nas in six weeks. Yeah. Well start with tech. More broadly, ipos and big tech valuations have been surging culture questions continue to brew in Silicon Valley as well i want to talk about that and a lot more with long time venture capitalist whose newest venture is a private and middle school with entrepreneurship baked into the curriculum Draper Associates founder tim draper joins us now. Tim, good to see you i want to start with your take on these markets i was talking just yesterday to the founder of rike. He said he isnt going public this year because he underestimated how well the ipo market was going to perform in a pandemic has that surprised you and what are you saying about it to your Portfolio Companies . Absolutely. I was blindsided i didnt realize that the government was going to print 1 ....
A 42 year high headline, low headline looks awesome but what is your forecast . Neil dwane probably in the next 18 months as we go through brexit negotiations you can see at the margins, unemployment will rise again. Would say is the u. K. Has done very well in the shortterm because the u. K. Consumer has borrowed and spent. Savings rates in the u. K. Have no collapsed to the lowest level possible and your headline is that there is a wage squeeze. Postbrexit, it will constrain the spending by the u. K. , if money isumers cheap, they borrow from the fed they now borrow and spend. The bank of england is worried about the system and all of the other things we have seen in the u. S. So everything has been pulled forward in the u. K. Which is why i am more nervous that we see a slowdown, even if we get the government be a more fiscally supportive. I dont think in the next 18 months that it is a good thing. Alix for the hawks are doves . Joshua feinman i dont think it will raise rates. Alix ....
A 42 year high headline, low headline looks awesome but what is your forecast . Neil dwane probably in the next 18 months as we go through brexit negotiations you can see at the margins, unemployment will rise again. Would say is the u. K. Has done very well in the shortterm because the u. K. Consumer has borrowed and spent. Savings rates in the u. K. Have no collapsed to the lowest level possible and your headline is that there is a wage squeeze. Postbrexit, it will constrain the spending by the u. K. , if money isumers cheap, they borrow from the fed they now borrow and spend. The bank of england is worried about the system and all of the other things we have seen in the u. S. So everything has been pulled forward in the u. K. Which is why i am more nervous that we see a slowdown, even if we get the government be a more fiscally supportive. I dont think in the next 18 months that it is a good thing. Alix for the hawks are doves . Joshua feinman i dont think it will raise rates. Alix ....
Straight. Comey had urged the doj to set the record to refute the claims. Global news 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. This is bloomberg. Is next. Technology caroline i am Caroline Hyde and this is Bloomberg Technology. Bitcoin crashes after regulators reject an eps backed by the legal boss twins winklevoss twins. And why some think the travel ban will steer the talent to china. And the u. S. Braces for infrastructure boom and elon musk could land a parking spot in the middle of the action. We will explain. First, bitcoin crashes after the u. S. Securities and Exchange Commission rejected an application for a Coin Exchange traded fund backed by the legal klevoss twins. Winj it down by some 8. 2 s ....
Straight. Comey had urged the doj to set the record to refute the claims. Global news 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. This is bloomberg. Is next. Technology caroline i am Caroline Hyde and this is Bloomberg Technology. Bitcoin crashes after regulators reject an eps backed by the legal boss twins winklevoss twins. And why some think the travel ban will steer the talent to china. And the u. S. Braces for infrastructure boom and elon musk could land a parking spot in the middle of the action. We will explain. First, bitcoin crashes after the u. S. Securities and Exchange Commission rejected an application for a Coin Exchange traded fund backed by the legal klevoss twins. Winj it down by some 8. 2 s ....