Silicon valley in the spotlight. In a different revenue environment, we are swimming upstream. Market shares are hanging in there, given what the other banks have done. David it is all straight ahead on bloomberg best. David hello and welcome, im david gura. This is bloomberg best, your weekly update of important best review of the most important Business News, analysis, interviews from Bloomberg Television around the world. Lets begin with a look at the top headlines. On monday, the results of a snap election in japan delivered a boost to the ruling party. Prime minister shinzo abes gamble on an early election has paid off. It may have won him a chance to lead japan through 2021. He comes out of this with a stronger mandate. What does that mean for abenomics . It was a victory based on one crumbling opposition. Two, a referendum on abenomics. We have had six straight corridors of economic growth. We have had unemployment below 3 . The stock market this up in areas we have not seen sin
Earnings reports from banks in Silicon Valley in the spotlight and european banks as well. We are swimming upstream. Market shares are hanging in there given what the other banks have done. David it is all straight ahead on bloomberg best. David hello and welcome, im david gura. This is bloomberg best, your weekly update of important Business News, analysis and interviews from Bloomberg Television around the world. Lets begin with a day by day look at the top headlines. On monday, the results of at snap election in japan delivered a boost to the ruling party. Prime minister shinzo abes gamble on an early election has paid off. It may have won him a chance to lead japan through 2021. He comes out of this with a presumably stronger mandate. What does that mean for abenomics . Guest it was really a victory based on one crumbling opposition, but also a referendum on abenomics. We have had six straight quarters of Economic Growth employment below 3 . , the stock market this up in up in area
Ceo. And what an incredible 24 hours. Culminating in this a new ceo. This is just a day after the government sold off its remaining stake in the big automaker. Its announced its first ever female chief executive. Who is she and whats ahead for the automaker now . Sue is off today but that means i get to spend an hour with melissa lee. Hi, melissa. My pleasure. You said it, crisis over. Steve liesman reporting the fed will get ready to taper as early as next week. You take a look at the three tests the fed had out there, which was fiscal uncertainty going away, confidence in the outlook, along with the notion of Interest Rates, all seems to be give the fed leeway to do this. Its more likely than not it could be january, but you look at how Interest Rates have behaved and we were talking earlier the bond market is saying the same thing. Absolutely. I mean Morgan Stanley was saying 2. 6 to 2. 9 on the 10year yield is pricing in a move december or january. Whats happening to the short rate
Chicago police officers have already started training for the Democratic National Convention, but now, with less than 10 weeks to go before delegates flood the.