Jason first up, a private equity takeover of the finance section. Carol i enjoyed it and learned a lot. It is this weeks cover story. Bloomberg businessweek editor joel weber joins us now. Private equity touches us in so many ways. Joel we couldnt keep listening to jason go on and on. When we got together about the different ways private equity touches us, we realize there was a bigger story here, which was in the last decade, since the financial crisis, nobody won this decade as much as private equity. Jason now weve got questions and thats how this story shaped up. You posed them to a lot of us in the newsroom. Joel we realized there was a lot of different places we want to go. The fact d. C. Has carried interest. So far, thats bit untouchable. If things change in d. C. , we might see that change. Carol we did see lobbying in terms of private equity firms. They are spending tons of money. Joel tons of money. Also returns. Everyone wants big returns. A World Without yield anywhere, ho
Section. Carol i enjoyed it and learned a lot. It is this weeks cover story. Bloomberg businessweek editor joel weber joint is now. Joins us now. Private equity touches us in so many ways. Joel we couldnt keep listening to jason go on and on. When we got together about the different ways private equity touches us, we realize there was a bigger story here, which was in the last decade, since the financial crisis, nobody won this decade as much as private equity. Jason now weve got questions and thats how this story shaped up. You posed them to a lot of us in the newsroom. Joel we realized there was a lot of different places we want to go. The fact d. C. Has carried interest. So far, thats bit untouchable. If things change in d. C. , we might see that change. Carol we did see lobbying in terms of private equity firms. They are spending tons of money. Joel tons of money. Also returns. Everyone wants big returns. A World Without yield anywhere, how do i get roi . Private equity promises th
The dow has been up seven sessions in a row. S p is up six out of the last seven sessions you are talking the highest closes since late july overnight in asia, the sang high deposit was closed for a public holiday. The hang seng up almost 1 in europe, it looks like now most of those markets are in the green, one exception is the ftse down by about. 1 . If you check out treasury yields in the united states, another big story is what happens to the yields some of that movement started after treasury secretary told us that Treasury Department is looking seriously at the idea of a 50year bond for some time next year. Right now, the 30 year is yielding 2. 28 i saw him later in washington and he started talking about 100year bond for the next consideration. Did you prepare for seeing him by watching the interview we conducted . I did thats why i decided to take the 50 and up theante and ask him about 100. To beat the record, he would have to serve 13 years see, i knew it were you talking abo
Bit, there you go, we turned around, we are up about a point. Remember, please, big rally yesterday, big rally friday. The dows going to open virtually flat. It is almost completely recovered from last weeks losses. Its only tuesday. The s p will be down maybe a point. The nasdaq down maybe a point. I will call it flat at the opening bell. In politics, its all about the boycott, divest and Sanction Movement known as bds and designed to destroy israel. The visit by Rashida Tlaib and ilhan omar, both muslim women in congress, is off. The ball is now in the democrats court. Will the party try to sanction israeli diplomats in america . Or scale back the tenyear, 38 billion aid package for israel which was signed by president obama . Its a dilemma for democrats. The party now has an active antiisrael wing that is clashing with democrats who support the jewish state. Great to be back, by the way. Varney company is about to begin. Stuart again, let me show you the futures. This is how we are
Youngest. Receiving Death Threats from supporters. Like. Me. Thanks for joining us in the program. Defense ministry has launched an investigation into our trove of top secret documents that up in a rubbish bin in london and this comes as a huge embarrassment for the u. K. s top secret chemical weapons facility port and from where the thousands of files originated reports. One mans trash another journalists treasure in this case it is quite an extraordinary story the daily star newspaper is called big splash on it today they say they were alerted to this trove of documents found in a bin by a member of the public last week and this secret files were dumped in a north london we leave in a receipt killing bin to be precise the kind that sort of stands out on the street outside a residential building or a commercial one and people will waste inside it except that this wasnt wasted it was a massive hole thousands of pages reportedly detailing the password and home address of one. Details of