David the trade with china has dropped off. There might be a rollback of some of the tariffs. Might that turn that around . Mike it all happens behind closed doors. The chinese are looking for the president to roll back the tariffs imposed in september and canceled the tariffs he will impose in theory in december. Another story said the white house is considering that. We dont know if they will actually make that deal. David what would they want in return . They would want more out of the chinese. Now lets go to kevin cirilli. We spend a lot of time on the national elections. Why are mississippi and kentucky important . Kevin two gubernatorial races that captured the attention of political scientists around the country. That open seat in mississippi, that could be a bellwether of sorts. Its been an opportunity for democrats to score a political win there. If you head over to kentucky where President Trump rally last night at a Campaign Style rally, governor bevins is in a close race, c
Vote for a cut now. Host another cluster of Companies Bring out earnings reports. They are going to write down wework that severely. We can adjust our set up to manage the situation. Everyone is getting a little more scared by the quarter. Sebastian the ceo of Goldman Sachs speaks exclusively to bloomberg. When we look back on negative rates, it is not going to look like a great experiment. Sebastian the current state of u. S. Monetary policy. I would say that policy is not that far off neutral. It is accommodative. We are slightly accommodative. I worry about the policy space we have. Sebastian that is all straight ahead on bloomberg best. Sebastian hello and welcome. This is bloomberg best, your weekly review of the most important Business News, analysis and interviews from Bloomberg Television around the world. Lets start with a look at the top headlines. Sunday, saudi aramco announced plans for an initial public offering. On monday, there was speculation about the valuation of the
Reach. And the u. S. Government says russia, china, and iran will seek to meddle in elections going forward. How vulnerable are we . We get to opinions from ethical hackers. It was a week of reckoning for uber. They posed selling restrictions for early investors lifted wednesday, making it one of the most actively traded stocks shares some record lows, not a good look. The stock is down 40 from its debut. For some perspective, i caught up with guests. A lot of people are just sick of waiting around for it to get better. We saw the stocks fall. Again, there are some questions around when this could continue, considering a number of early investors are not underwater and could see potential upside. Taylor walter, the volatility today, is this a day issue, weeks issue or a months issue . The average daily volume is 15 million shares. As lizette was saying, you are talking about one billion shares coming off of lockup. Some of those shares are probably not going to trade. I dont think soft
Certain tariffs. Not just a trade deal, but actually removing some of the economi existing tariffs earnings continue to lead us higher just a bit. We have names like kroger and tapestry, the old coach beating expectations joining us for the entire hour is a man you know well, steven weiss from Short Hills Capital partners steven, good to see you down here at the New York Stock Exchange good to see you brian good to see us both heres the thing, earnings, trade, maybe just general positive market sentiment. One of those three or maybe something else, that has been the primary driver for what has been a nice little run we are up nine of the past eleven sessions on the s p 500 i think there are multiple drivers to the market. Trade being the most important and the most dominant. You can see the correlation. For those who say that trade is all in the market, thats clearly not true because when you get positive news coming out, the market ticks up when you get negative news, it goes down. So
Investors question the path to of things. Profitability. Sidelines, a step toward and, many state and local elections are taking place the Company Generating some cash tuesday. In our electioneering series, we. Low examine free speech versus falsehoods when it comes to political ads. Competition at this it is pitting facebook against twitter. On tuesday tanked point . Rohit i would take the other after failing to prove itself to wall street. Side. While the ridehailing app is there is nothing like the peloton bike on the market with projecting profitability by 2021, it did just not seem to be butintegrated ecosystem, enough. Shares hitting a record intraday loss. An more, i want to bring in when you look at consumers, mkm partners executive director. Thinking, can i work out today, where am i willing to spend walk me through the share price action tuesday. What is your take . 100, 150 per month and what can i do . Thank you for having me. There are a lot of connected was,nk that what u