There is a diminishing return of these big Monetary Policy moves. It can be counterproductive. They havebelieve that to save even more to compensate for the fact that their savings are declining faster. You are paying to save. U. S. Futures are up. They are seeing it as stimulus. Portfolios get shifted around. You might live more foreign assets you might buy more equities. Bank of japan adopting negative Interest Rates. Coming up, amazon tanking afterhours trading as the retail beast misses on profits and sales. Plus, full steam ahead for microsoft. The Software Giant reported a strong quarter. And the biggest win of the day, facebook stocks surging after reporting a record report. First, to our lead. Amazon delivers its best earnings ever but shares getting slammed in afterhours trading. The company surprised investors who might have been hoping on more profits in the quarter. Shares coming in at 1. Shares of 35. 7 billion, Fourth Quarter sales. But those sales are 22 of the big numbe
It. Carries a meeting is set for next week in uruguay. Global news 24 hours a day. More than 150 news bureaus world. The bloomberg news. Im corey johnson. This is bloomberg west. Coming up, amazon tanking trading as the profitseast misses on and sales. Plus, full steam ahead for microsoft. Software giant reported a strong quarter. The day,iggest win of facebook stocks surging after a record report. First, to our lead. Delivers its best earnings ever but shares getting slammed in afterhours trading. Surprised investors who might have been hoping on more profits in the quarter. Coming in at 1. Shares of 35. 7 billion, fourth sales. But those sales are 22 of the big numbers from a year ago. The question is whether amazon can readjust its investments. Joining us right now, a Senior Research analyst in minneapolis and new york. Columnist shelly. Gad fly is our fast commentary oughtn which you really to be checking out. And let me start with you. It seems that at least the wall street sellof
Not everybody is on board. Some say the ecb is doing too little, too late. Job cuts are on the way at ebay. They will cut 2400 jobs, 7 of the workforce. Ebay is preparing to split from its paypal unit. American express will cut more than 4000 jobs part of a restructuring. Google is raising the stakes for wireless wars are paring sell Wireless Service directly to consumers. Google has reached a deal to use the networks of tmobile and sprint. No word when the Google Service might start or what it will cost. An outbreak of measles linked to disneyland has now spread beyond california. Seven people have been infected in five states and mexico. Urging those who have not been vaccinated to get avoided disneyland park. The ecbs qe verdict, we are waiting that. Mario we are awaiting that. Positive goals standing by in print for where mario draghi will be holding his News Conference in 30 minutes. Also joining us on the phone is mohammed olli mohamed elerian. They say they are not going to cut
Investment officer of bridgewater. Ana botin, chairwoman of banco santander. Larry summers, former u. S. Treasury secretary. Thank you for joining us in this great Bloomberg Panel debate. The world needs more easing. Christine lagarde, let me start with you. The world needs more easing. How difficult is it going to be for the fed to raise rates . The fed is probably going to raise rates this year. Our expectations of the imf is that to happen in midyear than the end of 2015, contrary to what is expected. The fact that the fed is going to do that is good news in and of itself. It shows that two things are moving in the right direction. Employment is up, unemployment down. And inflation is hopefully giving little signs of moving up in the right direction. With these two indicators, which have been extremely well communicated and identified by janet yellen, who has done a terrific job in communicating and giving the right anticipations to market operators, i think that it is good news in
Ray dalio, founder and chief Investment Officer of bridgewater. Ana botin, chairwoman of banco santander. Larry summers, former u. S. Treasury secretary. Thank you for joining us in this great Bloomberg Panel debate. Christine lagarde, let me start with you. The world needs more easing. How difficult is it going to be for the fed to raise rates . The fed is probably going to raise rates this year. Our expectations of the imf is that it is likely to happen in midyear than the end of 2015 contrary to what is expected. The fact that the fed is going to do that is good news in and of itself. It shows that two things are moving in the right direction. Employment is up, unemployment down. And inflation is hopefully giving little signs of moving up in the right direction. So with these two indicators, which have been extremely well communicated and identified by janet yellen, who has done a terrific job in communicating and giving the right anticipations to market operators, i think that it i