And we look back at the past week in business, when us markets had their worst day since november, and the economy was the main focus in the uk election. Thats all with our Business Editor, simonjack. We always want to hear from you. Its easy to get in touch with the programme just use the hashtag bbcbizlive. Hello and welcome to Business Live. It is friday, we have got that friday feeling. We start in france where the new president , emmanuel macron, says he expects no honeymoon from the public after his first week in power. He now has to try and win a majority in next months parliamentary elections and implement the Economic Policy he says can turn the country around. So what is Macron Economics and can it solve frances problems . Macron calls himself neither right nor left, hes a centrist, and, sure enough, the team he announced on wednesday is a diverse mix of figures from the left, right and centre. He says his Economic Policy is based on the nordic model. Whats that . Basically,
At formula one recently. And a little later in the programme well be speaking live to the boss of one of the big teams in the sport mcclaren. Zach brown also has lots of other roles. So today we want to know, what would you like to ask him . Let us know. Just use the hashtag bbcbizlive. 0k, everybody is going, what does trump on, trump of mean . I would explain why we get to the markets welcome to the programme. We start with facebook, because despite predictions of a slowdown, the worlds Biggest Social Network keeps getting more popular, more profitable and more powerful. Late on wednesday it reported quarterly numbers that were much better than expected. They round off another year of rapid growth that has seen it become one of the biggest advertising businesses on the planet. Its massive reach has also raised concerns about the amount of influence it can have, and the reliability of information thats shared on it. So we put a Little Something together for you. Just how big is facebo
Knowing the creditworthiness of your bond issuer can help limit the risk of default and maximize yield. Bonds help add diversity to your portfolio and control risk. But they can be complicated. Bond ratings can help you decide whether to make an investment or not. We can help you understand the basics of bond ratings and make bonds work for you. The Basics of Investing in Bonds The relationship between risk and yield When buying bonds, it's tempting to look for the highest available yields. But
90% were pure crap the others went out overvalued. everyone who bought them at the ipo price. every american is losing money right now. all that money went to silicon valley bank. their deposits went up to 200 billion. the average bank over that same time went up 35%. they are living large and having a great time. what do they do with the money? they don t lend it out. who the hell needs a loan in silicon valley. they don t lend it out. they put it into different things and start investing with it. they say let s buy these bonds. this is the tricky part and i think the overall market will get hammered this morning. when banks put the bonds two ways to put bonds on your books. one is held to maturity. if you do that you don t have to mark the ups and downs of the bond market on your balance sheets. the ones for sale you do and you
have to actively manage those. the bulk of these bonds that they had were held to mature tee. the fact of the matter is the bond market took one of the worst rubings in the last year devalued their bonds, their core asset started to go down. other things that happened commercial mortgage backed securities are getting dismated in work from home. this was an irresponsible reckless bank. let s be clear. the american public must know every account in this country is insured to $250,000. every single account. this was not about bailing out small accounts. regular americans. the mean bank account is $41,000. you want to go by if you look at the average bank account for someone without a high school diploma $9 thousand. bachelors, $79,000.