Discovered new Software Issues and financials outperforming ahead of the stress test results. Joining for the hour to break this down is josh brown. I asked you what the key stock indicative of this market is and what people are watching you said gld that was surprising. I thought that was a private conversation, sarah nothing is private with me. I said gld because it trades like a stock and the dollar doesnt but what im really getting at i really feel the dollar is at a very critical level and i mentioned it was kind of sitting on support i think what the dollar does next from here could have big ramifications for everything from earnings estimates to emerging market stocks. It keeps weakening here. It hasnt broken down since trump has been president its been fairly strong. Some would say too strong. I know he would. For sure. You asked me what are people looking at and focused on, believe it or not its the dollar again gold is huge fiveyear breakout and breaking of the down trend is
We are here at city college. Why city college . I was accepted here. I was accepted at nyu. Handle the cost at nyu. It was easy to get to. You grew up in the bronx . I grew up in the south bronx. Your parents were immigrants from jamaica. Did you enjoy new york as a young boy . It was a diverse place. It bonded on me this is what the of differentple backgrounds, cultures, you name it. Cny replicated that perfectly. Yiddish working in another place in the south bronx. He was a russian jew. There was me, and irish driver, and a salesman in the store. After i had been doing this for a couple of years, he came up to the yiddishusing diminutive, dont think you can stay at the store. This will go to my daughters and their husbands. I want you to get her education and go somewhere and do something. I had no intention of staying at that store and dragging boxes around. That ihed me so deeply wrote about it in my memoir. He thought enough of me to tell me i should get my education. That is what
This is the show where we delve into the regulatory challenges and opportunities for Financial Markets around the globe. But first lets get a round up of the news with sebastian salek. Sebastian President Trump has won the latest round of the head of the Consumer Financial Protection Bureau. Thateral judge has ruled Mick Mulvaney can remain acting head of the agency. By thected a bid bureaus deputy director. She is likely to appeal. Wells fargo is facing new problems with its regulator. The officer of the comptroller of the currency because of improprieties in wells fargos mortgage operation. President trump has nominated sometime critic of the Federal Reserve to be a governor of the central bank. Hes a professor at Carnegie Mellon university and a former research director. Earlier, he told congress that the fed had failed to secure the credibility of its inflation targets. The bank of England Governor Mark carney has indicated the u. K. Will review bank bonuses after britain leaves th
David i dont consider myself a journalist. And nobody else would consider myself a journalist. I began to take on the life of being an interviewer even though i have a day job running a private equity firm. How do you define leadership . What is it that makes somebody tick . David we are here today at city college, a place you graduated from a number of years ago. Colin thank you, david. David why did you pick city college . Colin i was accepted at ccny. I was accepted at nyu. Ccny because nyu was charging 750 a year. I couldnt handle that. It was easy to get to city college. I had heard a lot about it. David you grew up in the bronx . Was born in harlem, about a mile from here, and i grew up in the south bronx. David your parents were immigrants from jamaica. Growing up in new york, did you enjoy new york as a young boy . Colin i thought it was a wonderful place to vehicular. It was such a diverse place, it really bonded on me this is what the world is, people of different backgrounds
Be the demographic car that the average tv viewer would remember. Announcer knowledge you have been thirsting after. Learn the rules of cocktail bars. Do not come in and ask what is good, because the bartender does not know what you like. Give him something to work with. Say i like whiskey, what is good with whiskey . Or give us something we can build on. Announcer and see how the worlds most spectacular watches are put together, one tiny, magnificent piece at a time. With a mechanical watch you buy today, it is not the leading technology anymore. It is really craft and art. You are not racing for the technological breakthrough. You are racing to make the more spectacular watch. Announcer but first, travel with us to one of the worlds legendary destinations. Whether you know it as the city of light or love, paris charm is unmissable and it is all irresistible. Its galleries, cafes, wine bars, and restaurants are revered the world over. Welcome to bloomberg pursuits. We will show you ho