Play by the rules. Dont steal our intellectual property. And then answered questions on taxes. Reform is as important as tax cuts. First to do it since reagan. Bonuses. Now its who will give the most. Repatriation. Very happy to see apple invest 350 billion in america. Overall, our president promoted america forcefully. As to what he brought to the table as president , making money, he said. Im good at it. Peculiar now disappointment this morning in the economy on the october through december period, it is growing at an annual rate of just 2. 6 . Not as strong as weve been hoping for. Yes, it could be revised later but thats a disappointing number. No complaints from investors. Stocks will open higher again this morning. We should be up about 26,400. The dow rally. I should say the trump rally has now added 8. 4 trillion to the value of all stocks. We do have two political headlines. The white house immigration plan spends 25 billion building a wall and allows 1. 8 million illegals a p
Lets look at u. S. Equity futures. Yesterday the markets were weaker this morning things are mixed. Dow futures up by close to 12 points s p down by 2 points nasdaq down by about 15. In asia, the nikkei was down almost a percentage point. Same thing for the hang seng the shanghai was up by a percentage point the cac is down by 1 now. Ftse is down by a third of a percent. The dax is off by 0. 6 the tenyear note, the yield yesterday settled at 2. 15 this morning the yield is below that 2. 146 breaking overnight, saudi arabias king ousting his nephew, the ksitting crown prine and putting his son, Mohammed Bin Salman the former crown prince was in charge of saudi arabias services footage showed an amicable change in succession the saudi all shares is up sharply today on the news. A check of crude prices, this is seen as a potential wildcard when it comes to crude with the change in power. Were seeing it holding on to modest losses here this after a big loss in yesterdays session. This happ
Best interviews, and big names discussing big challenges. Institutional investors are trying to deal with volatility using etfs, and etfs and dts are actually sharpening volatility. You dont take people out of their walks of life and say, i am going to turn you into a political operative. The window of opportunity is closing. We need the resources so we can protect american women. Anna how chinas economic acceleration is driving a new car culture. This market is growing at 40 or 50 a year. Anna it is all straight ahead on bloomberg best. Anna hello and welcome. Im anna edwards. This is bloomberg best, your weekly review of the most important Business News, analysis, and interviews from Bloomberg Television around the world. Lets begin with a day by day look at the top headlines. With markets closed on monday in the u. S. And the u. K. , the biggest news to start the week came from asia. The singapore listed commodity Trader Noble Group is making headlines again today with the resignati
We saw the major indexes all down. European markets, yeah, kind of a down show there too, as you might have expected. Well call it what 1 more or less when you average it all together. As for tenyear note yield here in the states had a recent high yesterday i believe in yield 1. 81. And there is all important crude and brent both below 50. Lets get to our road map this morning. And it begins with jeff bezos making headlines at that code conference. Were going to have much more on his future at amazon, the retail stores, donald trump. Yeah. Plus a new month in the markets after that may rally. Stocks as you saw starting in the red. And a deal this morning, not that large a deal but an interesting one, salesforce buying a Software Company 2. 8 billion total price tag, had a lot of cash. Marc benioff going to join jim right here this morning. I will at least get to say hello to the bearded master, im hoping. Lets get to carl in california at the code conference where jeff bezos was making
Everyone from Social Security pensioners to bondholders. It wouldnt necessarily lead to a default. Lew urged congress to raise the Borrowing Limit. Cheryl James Bullard said the fed taper is likely less to come this month given shutdown in washington and data lag and debt ceiling fight. David imagine this, folks we had a huge rally despite the number of firsttime jobless claims soared 66,000 last month to a sixmonth high of 374,000. Officials said, the number was distorted by reporting problems in california. The effects of the partial government shut down. Again, bad news, good market rally. Cheryl u. S. Shoppers remaining cautious in the month of september ahead of the Holiday Shopping season. Thomson reuters samestore sales index rose 2. 2 . That is weaker than expected. David Liberty Media chairman john malone said Cable Companies should set up arrive val to netflix. They believe it would help the cable industry solve the problem of high costs. He is a happy man. After the bell on