Of state. As secretary of state. She was sworn in on friday after rose a resigned in response to angry street test street protests. Mike pompeo has teased a potential run for the white house. He weighed in at the Economic Club of washington in an interview with David Rubenstein. Sometimesrience is one people get close to a president , they say, i can get i can do that job too. Has that occurred to you echo would you have any interest occurred to you . You have any interest in running for president . I have never been able to predict what my next gig would be. I do have an obligation. If i thought i could do a good turn, there is nothing i would not consider doing for america. Mark you can see the entire interview on the David Rubenstein show at 9 00 p. M. New york time here on bloomberg television. Kim jongun says north koreas latest subtests are a warming a warning to the u. S. He is trying to pressure the u. S. End joint ella terry exercises with south korea. Secretary of defense say
Have often thought was private equity and then i started interviewing. I learned from doing my interviews how leaders make it to the top. I asked him how much he wanted. He said 250. I said fine. I do not negotiate with them. I did no due diligence. Dave i have something i would like to sell. And how they stay there. You dont feel inadequate being the second wealthiest man in the world . Is that right . The most important people on wall street has been john mack, who led Morgan Stanley through the financial crisis of 2007 through 2008. John rose through modest circumstances to become a leader on wall street. I sat down with john to discuss his life story and what he sees as the future of wall street. So you have spent more than 50 years on wall street. And probably the most difficult time was during this 20072008 recession, where Morgan Stanley came close to going under. Was that the most difficult time of your career . John no question about it. We were on the brink of going out of bu
Happening which is the equalweighted biotech index as im speaking, this is occurring. We are now at the highest level since december 2015. Thats more than a year and a half ago now take a look at the ibb this is your large cap biotech 300 has been resistance for a long time. Looks like she wants to take that out here. If you can get above the 300 level, thats another massive breakout okay, josh, it is above that 300 level, as we have this conversation ibb is up 5 in a week xbi, 6. 5 and what i want to know is not only did it take out 300, its already 312, theres no serious resistance here until at least 320. Theres nothing fundamental thats changed, but the xbi is up 8 over the last three days large cap biotechs going bananas. Xlv, now at alltime highs, right this minute. And so i think, like, people talk about ital technicals what were really talking about, not what are the earnings, what are the drugs coming out the market is processing that all the time what were saying is, what are
Daybreak europe. Manus we have a feast of breaking news for you. First of all we have carlsberg, telling us they will raise the dividend due to strong cash flow. Kroner. Lion mist on thet topline sales for the full year. Increasing the dividend, organic Revenue Growth comes in at 2 . In terms of topline earnings, 8. 1 5 billion and the market looked for 8. 20 9 billion. Breaking news coming from all kinds of sectors. Full year 2016 sales coming in of line against the estimate 12. 9 billion. This is the important bit, the china transaction is expected to close in the Second Quarter in 2017, kind of in line with what we were hearing from analyst ahead of these numbers. Raymond james saying the deal in 2017. Ted to close this is part of an extensive approval process. Various closing dates have been and gone. Were also talking about consolidation were broadly in the sector. Dow chemical and monsanto, a lot to talk about their. Tinto underlying profit of 1. 5 billion. The big headline here
President trump already making comments over the last few weeks about toyota, motor taxes, things like that. Certainly commenting as well on japans currency. All of this impacting how we think about various aspects of the market. So this is an important meeting today. They will meet at the white house. Then head down to florida for a round of golf, maybe more than one. Still waiting on that. But they will head down to maralago where we understand Prime Minister abe will be staying at maralago as well which is interesting news in and of itself. We continue to watch the story. Youre looking at the japan nikkei. Since donald trump was elected president , up double digits. Were going to take you to the white house once we see the delegation arrive. I have the traders in front of me today as well. Ive got steven weiss, josh brown. Steve, weve entertained this conversation almost daily now as to which markets you really want to be in. This is a reminder of things happening outside the u. S.