The milken conference brings together a whos who of leaders in global finance. We are considering ultralow bonds. We did not meet expectations this quarter. Former fed chief ben bernanke questions the timing of the tax cuts. Plus, a big miss for apple. Facebook has another great quarter. Tesla missed by 50 in the stock went up it is all straight ahead on bloomberg best. Julie hello and welcome. Im julie hyman. This is bloomberg best. On monday, President Donald Trump shared his thoughts on a number of political and Economic Issues with bloomberg news. His comments made headlines and moved markets. In an interview with bloomberg news, President Trump he is willing to meet with the president of north korea and he considering breaking up the big banks. Pres. Trump we are looking at it right now, and doddfrank is going to be very, very, seriously changed so the banks to go back to loaning money. Erik can you talk about the context in which he discussed that . I did bring it up that i did b
Mandate for that. That is but i think what the results of the election was. It comprises a lot of different ideas, because one of the main ideas in this project, and now that a lot of people have voted for macron, some of them voted because they like europe, some people wanted some political revival, but what is here for now is that he had the legitimacy given by a president ial vote to try and push forward an agenda, and the issue is he needs the elementary majority. Without that, those will be basically useless. The front pages will be dedicated to the future of Emmanuel Macron. One final question what is Marine Le Pens fate in the years ahead . I think it will be tough. Outsaw that the lights were , and i do not know if you saw that le pen said she is going to she realized the brand was just too touchy. She said we will see about making the next party conference, so you will see a lot of fights, and i think le pen will be in big trouble if they do not do well in the. Exical action n
Mandate for that. That is but i think what the results of the election was. It comprises a lot of different ideas, because one of the main ideas in this project, and now that a lot of people have voted for macron, some of them voted because they like europe, some people wanted some political revival, but what is here for now is that he had the legitimacy given by a president ial vote to try and push forward an agenda, and the issue is he needs the elementary majority. Without that, those will be basically useless. The front pages will be dedicated to the future of Emmanuel Macron. One final question what is Marine Le Pens fate in the years ahead . I think it will be tough. Outsaw that the lights were , and i do not know if you saw that le pen said she is going to she realized the brand was just too touchy. She said we will see about making the next party conference, so you will see a lot of fights, and i think le pen will be in big trouble if they do not do well in the. Exical action n
Welcome to the pulse p where live from bloombergs European Headquarters in london. I am guy johnson. On scene is she will be here in the next hour. She will be up and surveillance. Lets check up on the markets and see what is going on. This is the picture of negative euro stocks, 1. 1 . Banks are doing the damage. You can see the safe haven trade, dollar yen trading one one dollar . 12 most people are telling me we are at a stabilization rate. Lets get your course of. Heres nejra cehic. Nejra thinks guy. In the Us Government has stuck with its plan to narrow the deficit in the next fiscal year. Financial minister says the shortfalls 3. 9 of gdp. That is the smallest gap since 2008. Providing relief for farmers and a budget that signals the intent to win back support in rural areas ahead of key state elections. Prospects facing the of a grand alliance after the general election. Prime minister is expected to finish ahead of the pack but will have to negotiate with other parties. They in
Investors, either, stop tanking on global jitters, tech jitters, economic jitters, lots of jitters. Lets take an assess. Of stocks. The 1. 3 dropoff and 261point hit, this is the steepest percentage at some point. A lot of that on growing fierce the economy is sputtering and no less than apple might be sputtering as well. Concerns about the new operating system. Concerns about isis, and secures, and our safety. You name it, investo investors were selling. Laura . Reporter well, we have been monitoring the situation here in our newsroom. In new york, all day long. Getting these reports. A surprising report, i should say, speculation of this impending attack on the subway systems in new york city and paris. The news from the iraqi Prime Minister on the sidelines of a gathering of the World Leaders at the United Nations General Assembly, and he told reporters, quote, im receiving accurate reports from baghdad there were arrests of a few elements and there were networks from inside iraq to