We are at a turning point. We have turned a corner. Yvonne and we explain the appeal of trading bitcoin. I always tell people i need a story and a chart. Yvonne and jim chanos shares an exclusive investment insight. Call me a cynic, but i think there might be a little disappointment ahead of us. Yvonne it is all straight ahead on bloomberg best. Yvonne welcome. Im yvonne man. This is bloomberg best, a weekly review of the most important Business News, analysis, and interviews from Bloomberg Television around the world. It was a momentous week in politics and policy across the globe, starting with a closely watched election in germany. Angela merkel has won a fourth term as chancellor, but her victory was marred by surging support for the populist alternative for Germany Party and a clear rebuke to her open door policy on refugees. Afd has 13 . One of her Main Coalition partners decided they now want to be part of the opposition. Who will she build a coalition with . She has got to buil
Yvonne and we explain the appeal of trading bitcoin. I always tell people i need a story and a chart. Yvonne and exclusive investment insight. Call me a cynic, but i think there might be a little disappointment ahead of us. Yvonne it is all straight ahead on bloomberg best. Yvonne welcome. Im yvonne man. This is bloomberg best, a weekly review of the most important Business News, analysis and interviews from Bloomberg Television around the world. It was a momentous week in politics and policy across the globe, starting with a closely watched election in germany. Angela merkel has won a fourth term as chancellor, but her victory was marred by surging support for the populist party and a clear rebuke to her open door policy on refugees. Main partners now want to be part of the opposition. Who will she build a coalition with . She has got to build a coalition with the liberals and greens. That is her only choice after the social democrats have said they will no longer participate in the g
Where european and greece are trading 30 minutes until the end european stocks are trading 30 minutes until the end of the day. Bond yields are declining. Equity is declining. The currencies are falling against the dollar with commodities down for a seventh consecutive day in europe, the worst stretch in a year. This shows you the losing stretch we have had with seven consecutive days of declines, the worst stretch since the beginning of november of last year. Peak in november 1 which was the highest in over two years. The bullish momentum seems to have run out of steam as investors say the pullback was because of immediate catalyst to support gains after the recent outperformance. They are underperforming because the stoxx 600 is underperforming the country world index. It is therefore percent since japan gdp, is longest expansion since 2001. The was when that was other expansion. Lastple expansions in the couple of decades with rising Business Investment upsetting a drop in Consumer
Earnings will hit. David President Trump gave a interview with Bloomberg News. Among the things covered, his interest in bringing back glasssteagall. We are looking at that. There are some people who want to go back to the old system, so were going to look at that. We are looking at it right now, and doddfrank is going to be very, very seriously changed so the banks can go back to running lending money. David Kevin Cirilli is with us to put his comments in a broad perspective. He did say he is looking at this. How seriously is he taking that . Is this a priority . Kevin no. This was a great interview and this was in line with what President Trump said on the campaign trail. The conservative and democratic bases of both parties we have seen this rhetoric of reinstating glasssteagall frequently. That said, people like Elizabeth Warren, the way they went to implement making up the big banks is very different. Democrats want to have more regulation. Republicans are advocating to provide in
Was asked three times pointblank whether the president believed that Climate Change is real and all times, he to client to answer the question. He said that the president made the decision purely on the base of economics and what was right United States economy. These are not contradictory things. The white house can answer that question, but at the same time say the president s decision was about this. The dodging a sort of remarkable in that sense, because it is not a difficult question to answer. That was the question followed about the epa administrators release, and the brought upn hearings some doubt on climate science. What is the opinion that the minister has to say about his own personal beliefs . Unbelief,ed about his and says he accepts that there is Global Warming that is happening, and that humans contribute to it. What he did say along with that is that it is difficult to measure, and cast doubt on the idea of doing something about it because of the improbability of knowi