Worse than people think. We are confronted with a condition of supply and demand shocks. It will have effect on global gdp, that is for sure. But it is not like the world will end tomorrow. Nejra meanwhile, president s trump and modi meet in india. The countries did sign defense deals worth 3 billion, and they pledged closer ties on Maritime Security. Nejra jpmorgan lays out goals on its invest today. They said u. S. Wealth is going to be one place where they can still growth. Nejra and the iger era comes to a close. Disney names a new ceo. I intend to double down on the same strategies bob has established. Nejra its all straight ahead on bloomberg best. Hello and welcome. Im nejra cehic. This is bloomberg best, your weekly review of the most important business news, analysis, from Bloomberg Television around the world. Lets start with a day by day look at the top headlines. The dominant story throughout the week was the global spread of the coronavirus, and on monday, as reported infe
But the data today shows things moving in the right direction. Abigail alibaba goes public on their home turf. Narrows the valuation gap to amazon. Abigail the u. K. Election campaign heads into the home stretch. It is very easy to end up in a Hung Parliament territory. Abigail m a madness with a delusion of big deals. And lot, but they can deftly do it. The general feeling is they probably will go through but how long it will take. Abigail a new suite of leaders brings a fresh set of goals to the European Commission. Climate change is existential. It is a huge opportunity. Every company should contribute. Indeed, the Banking Union will be one, also the commissions priorities. Abigail it is all straight ahead on bloomberg best. Abigail hello and welcome. Him im abigail doolittle. This is bloomberg best, your weekly review of the most important Business News, analysis and interviews from Bloomberg Television around the world. Lets start with a day by day look at the top headlines. After
Im Carl Quintanilla a busy morning well start with this report out of axios, a 2020 corporate hit list ranked by candidates mentioned on twitter tech heavily represented uber, twitter, alphabet making the top ten. Roger mcnamee is joining us along with casey newton. Good to see you guys roger, we talked about this list and it is probably only going to continue as we get further into the political season we mentioned where the banks are in all of this why is tech getting so much attention . You know, i think that it is very simple. Weve been in a really long bull market weve been in a period of time for maybe 40 years where we deregulated everything and given corporations almost total autonomy and the tech guys have taken advantage of that, even credibly successfully investors have loved it. But at the same time, a lot of harm is being done, being done to public health, democracy, privacy, competition and we have to have more balance in the economy consumers have got to benefit more fro
This endorses the fed. Exactly what the fed is looking for. It is reasonable to expect the fed to kind of be on hold. The front end of the curve is selling up more than the back. The market is saying the fed pause is warranted. It is probably going to remain on pause for a good portion of next year. Jonathan joining me around the table in new york, gershon distenfeld, priya misra, and krishna memani. Priya, lets begin with you. What a payrolls report. Priya a good report, no way to look around it. When we take out the gm numbers, still a solid number. But i have to highlight, caution a little bit. The labor market is a lagging indicator. Is Global Growth for sure bottoming . There are some signs that it may be. Is it about to surge ahead . I am skeptical. We are not getting stimulus out of china, europe. In our view, Global Growth probably muddles around. The trade uncertainty, we are so hung up on this trade deal. I dont know even if we get the phase one deal, which is not guaranteed,
Major funding for the pbs newshour has been provided by a you can do the things you like to do with reless plan designed for you. With talk, text and data. Consumer cellular. Learn more at consumercellular. Tv su and with the ongoing pport of these institutions this program was made possible by the corporation for public broadcasting. And by contrutions to your pbs station from viewers like you. Thanyou. Woodruff the United Nations released a grim and alarming t assessment abo impact of climate change. Even worse, it found that acountries around the wor not doing nearly enough right now to slow the damage before it becomes worse. The probability of avoiding Dangerous Levels of global average temperature increases is dwindling. So essentially, if you look at the global emissions, they are still going up. A new u. N. Report. S according to it found the planet will have to reduce Carbon Emissions by 7. 6 a year between 2020 and 2030. Instead, emissions have been increasing by about one a