With him. I did no due diligence. David i have something i would like to sell. And how they stay there. You dont feel inadequate now being only the secondwealthiest men in the world, is that right . In the last several decades, one of the most important people in International Finance is not that wellknown to the public. Her name is kristalina georgieva. Now shes the managing director of the imf. Her purpose is to help countries that have financial problems. Today, because of the pandemic, there are many people that are calling her. You have been a senior commissioner of the European Commission and now you are the managing director of the imf. In getting these positions, was it more difficult because you are a woman, or you are from a small country called bulgaria . Where was there more prejudice . Kristalina ultimately i got this job, so whatever the prejudice was did not hold me back. If i am to make a call on that, i would say being from a small country always requires to work twice
Week as traders rotated in and out of sectors. And amazon prime days kicked off an unusual Holiday Shopping season with retailers adapting to the challenges of the covid19 crisis. Which companies will benefit . Apple unveiled its new iphone 12. Will 5g drive a phone sales super cycle . My colleagues, ben levisohn, carlton english and jack howe. Ben, lets start with you. Mr. Market is sometimes described as manic depressive, but this week it was more sort of schizophrenia that we saw. Whats going on . Yeah. It was just a very indecisive market. There were days when investors flocked to tech, and other days the nasdaq went down, other parts of the market went up. It really just depended on the news of the day. Early in the week we had plenty of things that could have caused the market to sell off including drug trials at johnson johnson, eli lilly for Covid Treatment being halted, and we also saw, you know, cases of covid rising. But the market actually pulled through all that and even g
Week as traders rotated in and out of sectors. And amazon prime days kicked off an unusual Holiday Shopping season with retailers adapting to the challenges of the covid19 crisis. Which companies will benefit . Apple unveiled its new iphone 12. Will 5g drive a phone sales super cycle . My colleagues, ben levisohn, carlton english and jack howe. Ben, lets start with you. Mr. Market is sometimes described as manic depressive, but this week it was more sort of schizophrenia that we saw. Whats going on . Yeah. It was just a very indecisive market. There were days when investors flocked to tech, and other days the nasdaq went down, other parts of the market went up. It really just depended on the news of the day. Early in the week we had plenty of things that could have caused the market to sell off including drug trials at johnson johnson, eli lilly for Covid Treatment being halted, and we also saw, you know, cases of covid rising. But the market actually pulled through all that and even g
Out of sectors. And amazon prime days kicked off an unusual Holiday Shopping season with retailers adapting to the challenges of the covid19 crisis. Which companies will benefit . Apple unveiled its new iphone 12. Will 5g drive a phone sales super cycle . My colleagues, ben levisohn, carlton english and jack howe. Ben, lets start with you. Mr. Market is sometimes described as manic depressive, but this week it was more sort of schizophrenia that we saw. Whats going on . Yeah. It was just a very indecisive market. There were days when investors flocked to tech, and other days the nasdaq went down, other parts of the market went up. It really just depended on the news of the day. Early in the week we had plenty of things that could have caused the market to sell off including drug trials at Johnson Johnson, eli lilly for Covid Treatment being halted, and we also saw, you know, cases of covid rising. But the market actually pulled through all that and even got some good news from pfizer.
Treasury market. European stocks are down by 1 . U. S. Stocks are up i. 2 . I also want to bear in mind what is happening with the chinese currency. This is important. 6. 6 four, below key levels. The dollar continues to weekend. The dollar is important, the euro is important, but the chinese currency is potentially very important. Jump inaly reporting a new daily virus cases to over 15,000. The other part of the story, we are talking about trade talks, the u. K. And the eu are ready to sit down immediately with the goal of finding a deal by midnovember after positive contacts between the two sides. Our bloomberg is european politics reporter. Ian, a great way to talk about itting the deal, getting done, was that Boris Johnson was getting his way and getting it done. Ian in the past five minutes, the chief negotiators have gotten off the phone after about an hour long discussion. We have not heard officially what they have agreed to do, but as you were saying, we have reported in the l