Drop 20 i said take all the gray out, this is what happened. High and tight. Certainly cheat the wind if you go out on a motorcycle. Man, no drag whatsoever. How come you didnt mention this until we went on air. No jacket, youre happy with that at least. Im happy with that. The whole look is clean today. Good. Good. You didnt answer my question, are you ready for baseball sunday night . Have you focussed on im focused on saturday night. Basketball . Yeah. Is it saturday or friday . Its saturday, isnt it. Not tonight. Saturday, both games. Yeah. I still have North Carolina. Good. Then im hoping South Carolina beats gonzaga, so all the people who have gonzaga do not win the bracket. Then its a North Carolina and South Carolina so youre rooting for yourself and against everybody else. In life and in the brackets, yes. It is the last trading day of the quarter. Right now it looks like the futures are indicating a lower open. Dow futures down by 41 points. S p 500 is off by five. Nasdaq dow
Is meeting with the National Association of manufacturers. Hes expected to make some major announcements on trade today with two executive orders. Our ylan mui is in washington, d. C. With all the details. Reporter sara, executive orders are focused on rooting out trade abuses designed to put other countries on notice and commerce secretary wilbur ross fired a warning shot on cnbc earlier this morning. There are unintended consequences of doing nothing as well. So as to doing something, tough think about it this way, we are in a trade war. We have been for decades. The only difference is that our troops are finally coming to the rampart. The first order calls for a review of any country with which the u. S. Has a trade imbalance, the biggest one of course is china. Theyre looking for currency misalignment, over capacity in any industry and perhaps even lax enforcement of existing agreements on the part of the u. S. This review will be due in 90 days. The second executive order will bol
Early to discuss a deal. Congress is investigating russias meddling in the election. U. S. Secretary of state Rex Tillerson and james mattis are overseas and stressed the importance of nato. Tillerson called nato the bedrock for transatlantic security. Convicted South Carolina Church Shooter dylann roof will plead guilty to murder charges to avoid a second death sentence. He has been awaiting state trial for killing black parishioners in 2015. The deal will not save him from possible execution. Global news 24 is a day powered by more than 26 journalists and analysts in more than 120 countries. This is bloomberg. Bloomberg technology is next. Brad i am brad stone. This is bloomberg technology. Coming up, u. S. Stocks close out a stellar First Quarter surging to alltime highs this week. We will focus on the biggest winners. Blackberry turns a profit as it reinvents itself as a software firm. We will hear from c. E. O. John chen and bring you the top tech headlines of the week, including
And Group Retirement products. Thats why were your retirement company. Additional support has been provided by and by the corporation for public broadcasting, and by contributions to your pbs station from viewers like you. Thank you. From the tisch wnet studios at Lincoln Center in new york, Hari Sreenivasan. Sreenivasan good evening and thanks for joining us. The first round of frances president ial election is over. Exit poll projections and early returns indicate controversial nationalist Marine Le Pen will be one of the two candidates advancing to a runoff two weeks from today. The other will be centrist candidate Emmanuel Macron. It appears macron and le pen will each win about a quarter of the vote in a crowded 11candidate field. Incumbent Francois Hollande did not seek a second fiveyear term. Sreenivasan turnout was high by american standards. By early evening around 70 of eligible french voters had participated. Making his first run for office, macron is a former investment ban
Lloyd blankfein saying that he could be great for that role. That is what you need to know. 1 trillion wiped out of bonds. That has only happened once in the last two decades. Joining us is andrew balls. He oversees more than 46 billion in assets. He joins us from london. Great to have you here. And unbelievable week and the bond market. Is the search for the yields over . Andrew unbelievable in many ways. You have seen a pricing of inflation in the u. S. , fiscal policy to be increased in the u. S. And the possibility of a pastor federal reserve. It all makes sense. You have to say there is a lot of uncertainty in the outlook. It is likely that under President Trump we will see more fiscal expansion in the u. S. There is a host of other uncertainties including trade. We have been expecting a , terming of risk premiums risk premiums, we are seeing that. There is a lot of uncertainty in yellow. Alix i am hearing from you that it is a dip. Is this sustainable at some point . Andrew you a