But, yes, i did like them back in the 90s. And, of course, i mean as a political correspondent, i mean, it was probably before your time, though, tony blair in that downing street reception. Sadly, it wasn t before my time. It was just as i entered into politics on that wave of cool britannia. You can see me, can t you, cool britannia? well, you ve got very cool glasses today. Right, so let s get back to the gimmick. So, keir starmer did so, keir starmer did a big speech on tuesday a big speech on tuesday in the downing street garden, in the downing street garden, and we re using the oasis song and we re using the oasis song lyric don t look back in anger lyric don t look back in anger to describe this section. To describe this section. And here is a little bit and here is a little bit of keir starmer looking of keir starmer looking back, kind of in anger. Back, kind of in anger. There is a budget coming there is a budget coming in october, and it s in october, and it s going to be pa
Buyer beware, ipos that have doubled do not have a great track record after the debut. Plus the president and tiktok, he says hes not prepared to sign off on anything for an oracle tiktok deal. And wall street poised for a sharply lower open following the feds pledge to keep Interest Rates low for years and Technology Stocks do lead the declines speaking of which, jim, sounds like your conversation with joe a moment ago kind of rings with what Credit Suisse says today about tech valuations overall, that is that there is some excess and theyre lightning their weight at least on software. I count 30 companies that are selling at 30 times sales and then theres a number, even more, maybe another ten that are selling above that, 50 times sales for zoom along comes snowflake at 100 times sales. You just have to put the stop sign up because what it says is theres going to be so much supply that is coming. Look, if you own a company youve been waiting for it to come public you just got the gre
Will it make its way back to zero . Seems to be part of the conversation building in markets. Barrelumped above 65 a as supply disruptions in iraq brought concern to geoPolitical Risk. With more is Annmarie Hordern. Detention we are seeing in libya and iraq come very different in nature. What is the impact of these on oil supplies . Annmarie they are both geoPolitical Risks to the oil supply. In libya, the government says we could go to 72,000 barrels a day. This has to do with the eastern military commander. He has a blockade now on the port, so actual supply is not disrupted. The market may be shrugging off a little bit because in days or hours, that blockade could be lifted. Iraq, while it is a minor disruption, which is producing more than 4 Million Barrels a day, it opens up a window of worry. Just last thursday, the iea says iraq remains very vulnerable. It is more about could the supply threatened become much bigger. Anna they are overproducing their opec target. Annmarie this c
Supply, reigniting concerns to geopolitical risk. An barrier, billionaire Money Managers Led Hedge Fund gains in the industrys best performance in a decade. Plus, is that the Tipping Point . Politicians and executives dissent on davos, a debate on whether the biggest drivers of the global drivers economy are picking. Two in for a huge week on newsmakers at the World Economic forum right here on Bloomberg Television. We are just under an hour away from the start of cash equity trading across europe and the u. K. Lets look at where futures are pointing us. Were looking at green arrows on dax, cac, ntt ftse futures. At cac features are unchanged right now. We see green arrows on ftse futures. U. S. Markets are closed for Martin Luther king jr. Holiday. Equity markets want be trading. But you do see futures pointing higher after a record close on friday. Oil jumped amid turmoil in libya. Caught in the crossfire of the nations civil war. Iraq temporarily halted work at an oilfield yesterday
A severe effect on the territorys reputation. Government will double funding for Prince Andrew faces calls to apologise to the victims of sex research in the next parliament, the offenderJeffrey Epstein. Biggest ever increase in support for the American Woman at the Centre Research and development. And we of misconduct allegations involving proudly back business across this borisjohnson says hes country because we understand that ignored her and blocked her phone calls. It is they, you, who are creating the wealth that actually pays for the wealth that actually pays for the nhs. And by the way, because the Prince Andrew is facing calls nhs is the nations priority, our to apologise to the victims ofJeffrey Epstein for his Close Association with the convicted sex offender. Priority, and because we believe emphatically in fiscal prudence, i a lawyer who represented epsteins alleged victims has told breakfast hope you wont mind if i also that the duke showed an astonishing lack of empathy