All right, this is a shock or block week. But thisa note that suggests that these markets are moving high. Becausehave good reason earnings have been so impressive so far, really big ones dominating the agenda this week. Ish, we are looking at crucial levels when it comes to stocks in hong kong. Rishaad absolutely, looking at what happened with these shares, these Chinese Companies trading in hong kong. We want to bring up gb tv 9440. Investors bid for these underperformers. This is a third of the companies on the hang seng. They are racking up fresh one year the biggest proportions says that 2014 stock bubble. We are seeing some of those cheap banks red hot. These fresh highs are being hit last week. That is what we had at the moment. H, in terms of the other things on the agenda, we have yellens swansong and watching what the fed does. We are just watching what happens as jay powell takes over. The pmi is expected to hold steady. Lets look at markets because we did have u. S. Stocks
Banks in Silicon Valley in the spotlight. We are swimming upstream. Market shares are hanging in there. 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 analysis and interviews from around the world. Lets begin with a look at the top headlines. Of atday, the results snap election in japan delivered a boost to the ruling party. Abesme minister shinzo gamble on an election may have paid off. He comes out of this with a stronger mandate. What does that mean for abenomics . It was a victory based on one crumbling opposition. And a referendum on abenomics. We have on employment below 3 . The stock market this up in areas we have not seen since the 1990s. We will likely see a continuation of abenomics, as well as mr. Abes plans to hike consumption tax, but not until 2019. And also, slow moves to revise the constitution. What are the most significant ramifications of the win . It has to be ugly a