Anna a very good morning, everybody. This is bloomberg daybreak europe. We have been in davos all week. We build with a crescendo towards donald trump speaking at the event. Haslinda amin is there. Haslinda good morning. The trump day. Be he is expected to deliver a keynote address at 2 00 p. M. Local time. What is the message . Nobody knows. It is likely a push for America First. About one year ago when he came to power, a lot of people were saying it could be a doomsday scenario, weighing on Global Growth. A year on, lots of optimism, and we are feeling it here. Plenty to talk about today. Final day in davos. Shortly, i will be talking to different guests. We will also bring you an exclusive interview with francois bill oreilly with francois velleroy. Villeroy. Ancois lets have a look at where we are in the markets. This is the asian equities session, down. 2 , losing a bit of ground. The Australian Market is closed. Australia day there appeared the Australian Dollar getting a little
Good morning everybody and welcome to the Economic Policy institute. Thanks for joining us today. Delighted to kick off the new hour and important and provocative panel on manufacturing employment. And weve invited susan house mann Vice President to present her manufacturing and employment data. And this debate is not new. In fact, Larry Michelle from the Economic Policy former president and now distinguished fellow raised similar concerns back in 1989. But this debate has raged and it has been an important under ping of policy debates that have to do with trade and automation and how we address issues or concerns around the Manufacturing Sector, the health of the Manufacturing Sector, and what policies might be needed. So im going to introduce the entire panel right now lets susan present her research, and we have carolyn friend to comment. And from university had hoped to join us here today but was presented from weather for traveling. So Larry Michelle will read his prepared remark.
Benjamin netanyahu no matter how good your intelligence is, no one can credibly make such a claim. How can you block what you do not know . Iran can keep the deal or cheat on the deal. Either way, it gives a clear path to iran to get the bomb today or hundreds of moms tomorrow. Olivia you can see the president how speech live on Bloomberg Television at 11 20 Kentucky Republican voters will not start picking their president ial nominee for nearly six months. But the field of candidates is already being split into front runners and alsorans. Rick perry and six other candidates have been pushed into an earlier event. Donald trump will be front and center when the cameras come on. He warmed up for the debate on bloombergs with all due respect by slamming his closest rival, jeb bush. Donald trump when bush raises several hundred Million Dollars and then the money is sitting in there and he puts his best friend in charge or somebody close to him, and they never talk, if anybody believes they
Federal reserve. And people dont see this, i dont think, as a major, major shift in terms of what the fed will do. Just it is losing a key academic and experienced and wise voice on the federal reserve, but there are a lot of economists and noneconomists out there that President Trump can now choose from. And this fischer wasconsidered more of a democrat choice. And, in fact, i remember when the big fed decision came due for president obama, it was between Larry Summers and janet yellen and one of the dark horses was actually stan fischer himself, he was not willing to give up his citizenship to israel, but he was considered once the giant of central banking, still is still may make his policies known, even if hes not the vice chairman of the federal reserve. But as far as any policy implications, i wouldnt expect anything to change hes been at a number of meetings over the last two years and made his voice very clear. Im sure a lot of folks from the board will continue to heed his adv
Today. They are all falling led by greece. Down by over 1 . European stocks falling for the fifth day. Worst run since may. Sterling is down. We will come to that with David Blanchflower. Finalcommodities is your three columns. A quick peek at the european economy. Its on track for its best year in a decade. Headed towards a golden period. Still, the recovery is lagging behind that of the u. K. And the u. S. Growth is nowhere near levels recorded at the start of the millennium. Unemployment in the periphery still exceeds 10 . This is from 2008. Thats the starting block. Real gdp. Lets get to brent crude. Hedge fund bets on rising brent crude prices hitting a record high. Continued tensions in the middle east sending prices to their highest level in two years. Raising their net long positions by two point 4 to a record. 543,069 contracts in the weekend of november the seventh. Long surging by 2 to an alltime high. Short tumbling 2 to the lowest level in more than a month. China. Nt to m