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
By november. Here, im yousef gamal eldin. Tracy im Tracy Alloway in dubai. In doha, give us updates of the situation. Remarkable, been the last 24 hours ultimately we are seeing a flurry of diplomatic activity. We are seeing to keep things that i want to point out that are fundamental to the story. Number one is lack of diplomatic progress. There is confusion coming out of the united states, Rex Tillerson trying to balance the situation prevail, theneads having donald trump come in and come down hard on qatar, saying they are a funder of terrorism at a high level. She qatar reaching out to allies like turkey and russia. We understand they have had a meeting, the two foreign ministers, calling for more corporation. Thats one side of that. The other side is the ongoing fallout in terms of the economy and credit ratings. In terms of is this and movement of people, as well. Plenty there. Tracy . Yousef definitely plenty to keep us there. One of the things keeping us there is the u. S. Mark
Asia. Mark carneys there is no rush to raise rates. Ma saying china will drive the Global Economy for decades, urging america not to miss the boat. More reaction to the msci decision throughout the morning. It is a question of locally traded ashares comprising as of Global Emerging Markets gauge. Thats right. About howen talking these china Largecap Companies have been outperforming the small cap. 123 on your bloomberg. You can see these are the big airlines,c, take among those that will be added for ashare and collusion. Capquestion is this premium gap between ashares and hshares. As this move gets underway, we will see the valuations in shanghai come down to match the global level. Lets get a look at the markets ahead of the china and hong kong open. These twin the stories, capital maycerns rotate out of other emerging markets. Saying Goldman Sachs korea, taiwan, and india may see their benchmark waiting reduced. There could be limited impacts onlyrean stocks given that takes place n