Yvonne and we explain the appeal of trading bitcoin. I always tell people i need a story and a chart. Yvonne and exclusive investment insight. Call me a cynic, but i think there might be a little disappointment ahead of us. Yvonne it is all straight ahead on bloomberg best. Yvonne welcome. Im yvonne man. This is bloomberg best, a weekly review of the most important Business News, analysis and interviews from Bloomberg Television around the world. It was a momentous week in politics and policy across the globe, starting with a closely watched election in germany. Angela merkel has won a fourth term as chancellor, but her victory was marred by surging support for the populist party and a clear rebuke to her open door policy on refugees. Main partners now want to be part of the opposition. Who will she build a coalition with . She has got to build a coalition with the liberals and greens. That is her only choice after the social democrats have said they will no longer participate in the g
Public service by americas Cable Television companies. It is brought to you today by your cable or satellite provider. The American Enterprise institute here in washington, d. C. Posted a Panel Discussion on the impact of efforts to reduce the usa trade deficit. Following their presentations and rebuttals, panelists answered questions from the audience. There we go. Well start again. Good morning, ladies and gentlemen, im glad youre with us. Im alex pollock from the r street institute. Its a pleasure for us to welcome you to this timely conference on trade deficits and the Trump Administration. It goes without saying debates about trade, tariffs, other barriers to trade, balance of trade and payments and shifts in foreign exchanges, whether the flow of gold in old days or reserves nominated in fiat currencies now have a long and controversial history in economics and in politics. These debates feature the famous and essential contrast between the interests of producers on one side and
How conservatives are mounting a campaign against her. Kathleen it is interesting, the juxtaposition of two stories. They go region by region from a tight labor markets, wages are not rising. Janet yellen it ready to sit down with the donald trump, thursdays meeting. I wonder how much they will look at inflation and what he will try to get from her in terms of the future of rate hikes. Yvonne if we are going to hear any details of that meeting, gushing over janet yellen the way he was over john taylor. There was talk about how hawkish john taylor can be. Kathleen what was once letsered quite the dove, take a quick look at the market. Small gains across the board. 61, on the s p 500. 157. Dow at 23, a good seems second be slide up in asia. Lets see how things are looking in new zealand. I have been saying any day on this coalition government, it could be this afternoon we get an announcement by the new Zealand First party. Flat for the nzx 50, the kiwi ahead of that big announcement. Au
In chief of Bloomberg Businessweek, megan murphy. We take a look at japanese manufacturers, setting practices around the world, but those practices are now in question. Megan this comes from the kobe steel scandal. Kobe steel has been shown to have falsified standards and products they shipped Companies Like boeing, mitsubishi. The scandal has drawn up this broader issue going back to olympus. Iesve had japanese compan rocked by these scandals. Iconic backbone of the country, why are they being forced into these mistakes and scandals . Whats the pressure . China. Julia for cost reasons and the laws have changed as well. Doeshistleblower law that mean people are willing to come forward and go we have problems here . Megan when any scandal at a Japanese Company breaks, we are all familiar with this public apology Company Executives bowing. Its part of the culture that when you make mistakes, you own up to it. You are almost never seen or heard from again. This whistleblower law has contr
The back of extra stimulus on the ecb. The dax has bounced. Weakness in the euro we are looking slightly red leaning into the other side. Banks at the top a lot of earnings around, too. As investors react to corp rates. In terms of in the basket itself, some bright spots for the likes of dior, lucxotica basic resources as well, a negative reaction to glen cores numbers trading down 2. 3 . Some of our viewers are particularly interested in glencores numbers health care trade weaker by 1 3 of a percent another talk in the basket around exxon mobil volkswagen technology, 4 10 north big week for apple we had some orders over the weekend. Markets responding hoping that the iphone x will be a bit of a bonanza for the industry youve seen tech globally pick up on that industry. Right here in europe some of the supplies telcos in the banks, it is the spanish names out in front, the likes of sabideau bbba going on for the ride, too. Spanish banking names lead the charge in terms of what we have