On the agenda . Think north korea. The focus. Trump says just fed focus. Trump says fed focus. Trump says sunday that powell, are in the running. Matt what stock futures are doing in the half hour until the start of trading. You see we are up across the board, not a lot of moves. There is not a lot of directions to riskon riskoff. We dont see a lot of moves in bonds. Not in the bund or treasuries either. Take a look at the argentinian 100 year bond. I have this up on the btv screen. You can access it on the terminal. We can see the yields here at almost 7 and this is one proxy to look at for what investors think of argentina. President won a big boost. His reform agenda [no audio] story is whatst is happening in the nikkei. Abe. In by on a win by you see the yen coming under pressure as well. On a real tear at the moment, the nikkei. The other story i want to draw your attention to, what is happening with the turkish lira which has been hit hard overnight. We have seen more negative u.
David we have some breaking news coming out of washington. With a majorroup announcement about leadership succession. It was led by David Rubenstein who also hosts the David Rubenstein show right here on bloomberg television. Jason kelly joins us now to talk about carlisle and the private Equity Industry which he has covered for many years. This is a big year. This is a moment we have been waiting for for a long time and private equity. The three founders are handing nwe ceosover to two two new ceos. These are both men who have spent some years at the company, and now we know who will be running one of the Worlds Largest equity firms effective january 1. A little bit of runway. This is really only the second time that we have heard a clear sense of who will run the big private equity firm. Alix who is left that we need to hear from for secession . Wonder once i want to make sure we do not miss is that kkr to tee twowee guys up, but they said they were not going anywhere right now. This
And 11 30, the u. S. Treasury sent to auction bills ate before we get to them that it looks like the government will not shut down after all. We are joined by kevins rule. Kevin cirillo. You they can only get by doing these one week extensions for about two or three more weeks. Tosome point, they will have pass a longer one. This is a shortterm extension. There are many folks here in washington who believe they can get by with these one week extensions for much longer. I think he definitely proved a political calculation on friday that he would much rather get the government open. You are absolutely right. On several of these issues, he had to move to the middle. As that continues, polling suggests his base is still supportive of him. Jonathan alongside him from washington, managing director at kbw. I want to begin quickly. We had these conversations around the Government Shutdown. What does the extension tell you . Republicans have a majority. They do not have control of congress wher
Ofk may have a paper loss 86 billion in fiscal 2021 as it starts to exit qe. It is estimated it will continue until 2029. The governor has so far brushed whathe need for details of will happen when his Program Comes to an end. Bloomberg. Now lets take a look at the markets,fter at the afternoon trading just getting underway here in china. Hang seng up about 3 10 of 1 . Nge in up 3 10 of one for 1 . Zhen up 1 10 of caroline im caroline hyde. This is Bloomberg Technology. Coming up, waymo editor battle it out. The latest on the five that may prove to be a roadblock to ubers Autonomous Car dreams. Plus, tesla returns to wall street asking for more cash. Why do investors think that is a good thing . And visas are in the spotlight again. A new study supports trumps claim that visas hurt the american tech workforce. First, to our lead, the alert of Autonomous Cars has two Silicon Valley giants facing off. A lawyer for uber told a federal judge the Company Plans to go to private arbitration w
I am here in nantucket. Later on throughout the weekend, you wont be hearing from them, but i hopefully will be giving you news on monday. Chris matthews, they are all here in nantucket talking big ideas. So we will bring you that throughout the next couple of hours. Becky, back to you. Looking forward to it. Andrew, well talk more in just a moment. But in the meantime, lets get everybody caught up on wall street. It is waking up to green arrows this morning, a welcomed sight for the bulls after yesterdays selloff. Take a look at what the u. S. Equity futures are doing at this point. Nasdaq futures up by 20 points on the s p futures up by just over 6 points. Volatility, definitely jumping back into the markets this week. The vix soaring nearly 18 yesterday, all the way back to above 15. 5 . It seemed as though no one was spared from the carnage yesterday. All 30 dow components finished lower. The blue chip index dropped below 17,000. This was its biggest decline in about two months. Yo