This is bloomberg surveillance. These are what the markets are doing. U. S. Stocks and bonds closed today too today due to president s day. We are edging up a bit with buoyancy on the market on the backs of investors taking encouragement from china. They will do more to support their economy which is why we in gold down and yen down. That is a good litmus that we are on a risk on. Spoke the yousef managing director of the imf about the outlook on the Global Economy and the active the coronavirus. All hear from the interview early. First, let leanne erin. Leanne japan is it possible for sex after taking another battery the sales tax hike in the last and that economy at the low end as the coronavirus it activity drunk 6. 3 in the final three months of the year. That would be the biggest slide since the previous tax increase in 2014. Tensions between the u. S. And europe over huawei ramped up another notch this weekend. The u. S. Ambassador to germany tweeted a warning to countries that u
A joke i mean in textbooks today its economics students study what inflation is when you are holding a trillion dollar note in your hand that is whats involved it became the mugabe and you know depending on who youre talking to the narrative they offer you is different people will support mugabe are quick to forgive him and say look everything that happened is because the west reacted to how he stood up to them so even across the continent hes revered as great the the one who stood up for africa against the west and they punished him for it and thats the narrative that they give but thats just the reality so many people suffered and the mugabe key was president and people were hungry and died and how if things been since he left office well this is a tsunami and 2017 would have resigned people came out into the streets celebrating and they said things are going to be better now mugabe is gone today not so much not long ago people were back on the streets protesting against the presiden
But your system doesnt know and thats announced what you said before coalitions any in war times Political Parties have united in a Coalition Government which is the normal procedure in practice in europe and around the world that maybe we have steering in this sort of a crisis situation but if you look back if its not the leader of the labor not called inputs its comes out of it out of the dark or of the right and forms this and that we need in this crisis situation a Coalition Government is specially if you look at the industrial economic consequences of what is happening after no deal bracks it all breaks itll well see the country will suffer the Common People will lose money and the money which is in the city the financial hotspots of europe is going to go away. Were going to take a closer look at that as well but let me stay with the point about unscrupulous politicians and what they mean within the kind of political system that britain does have serious referred i think in your v
Steve mnuchin says he may had to beijing of trade talks arent productive. This as europes braces for u. S. Tariffs on 7 billion of goods and legal aircraft subsidies. Trading revenue will be the talking point for Goldman Sachs and jp morgan as they report quarter results. We will hear from the cfo, john shrewsbury. And buyers reprieve. The german companys legal payout over its second round up by 55 million by u. S. Judge. There are some harsh words in that case. He called their behavior reprehensible. Ant to talk about bitcoin everyone has harsh things to say about bitcoin, from President Trump to his treasury Steve Mnuchin, saying it is only backed by thin air. On can see it hit 12,000 friday and just dropped over the weekend, trading now a 10,700 between four dollars. One of the problems for bitcoin is that a lot of people have bad things to say about Facebooks Libra as well, even Maxine Waters is out against libra. But im not sure they should necessarily be making the connection bet
Halfway through 2019 its the last trading day of the first half how has tech performed what about all of these recent ipos bob pisani has some of those answers and joins us on set. You know what i love . I love how wrong the consensus is humans are terrible at predicting the future and nobody is worse than wall street at it, so remember when we started in 2000, back in january, everybody said, the ipo market, oh, theres going to be 200 of them. Everybodys going to go public no one will want all of this stuff. Theyll price this stuff too high and the only thing anybody wants is uber and lyft are they sure they want those . Everything was wrong. Look at the numbers. Were at the first half of the year with. 62 in the Second Quarter, 25 billion. It was the most active quarter by deal count in four years. It was the most capital raised in five years. And look at the 30 the average return on ipo. Thats twice what it historically has been. So the answer was, oh, it turns out theres people dyi