A new report predicts the superrich will keep heading to london, voting to leave the European Union. 13 million or more living in london, rising 30 in the next decade. The report says new york city for thethe top spot altra risk. 127al news in over countries. Global news 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries. Scarlet live, im scarlet fu. Joe i am joe weisenthal. Scarlet u. S. Stocks are adding to record highs despite a lack of details from President Trumps speech last night. Joe the question is what did you miss . Scarlet the dow more than 300 20 1000ross milestone. The s p 500 reaching 400. Light on details. President trumpss time speech to Congress Failing the of a treasure investment. A policy prescription. A nobel prizewinning economist sits down with us exclusively for a halfhour. Joe lets look at where the. Ajor averages stands this is the best rally for major averages. Well more than 1 as you can see, a string of new record
Pen candidacy . We are 30 minutes into the trading day in the u. S. And we know that we have surpassed 21,000 on the dow. Abigail indeed, we have. We are looking at a big risk rally. All are trading sharply higher. And was just mentioned, the dow is above 21,000. The second fastest 1000 point gain. We have the dow having its best day since december 7. Lots of bullishness here. A continuation of the trump trade and the inflation trade. After the speech last night to congress, it was policy and detail light. So we dont have the details but the over idea but the idea of the overall reinflation trade. When we happen to the bloomberg , the top yellow line is the 1 move up and the bottom yellow line is the 1 move down. Yesterday was day 55 without a move up or down. The longest stretch since 2014. That here we are, up more than 1 so perhaps today will be the day to break that holding pattern. A stock that has brought record after record, today being another record. Up seven basis points. A h
Its Getting Better, but not it is not Getting Better quickly enough. Especially among millennials and extras are getting opportunities to lead. Ramy wall street mourns the loss of a foundational figure. Its all ahead on bloomberg best. Hello and welcome. Im ramy inocencio. This is bloomberg best. A weekly review of the most important Business News, analysis, and interviews from Bloomberg Television around the world. Our day by day look at the top headlines begins with a vigorous look at the rally in commodities. Oil is continuing its run of gains with brent crude at its highest so far this year. Thats above 39 per barrel. Talk us to the latest development. I was getting these warnings, these alerts in my bloomberg telling terminal telling me that oil prices were below 30 a barrel. We might have to go down to four dollars a barrel, we are tantalizingly close with brent crude reaching that level there are a few reasons why this is happening. You have u. S. Drillers in the united states,
Outside the government, i questioned how they were approaching it. I might have tweaked it to the extent that it involves Foreign Policy. I might say to my Foreign Policy partners that we have a problem of doing it this way, but here is a suggestion for how we can or meet yourhing interests in a slightly different way. You are always concerned about making sure that the credibility of the United States is sustained or the credit ability of canada is sustained. The work that has been done continues. Particularly when you have a close friendship and relationship with a partner like canada, it is not as if work we or entry on the arctic s vanishes when the next president comes in. I intend to make sure the next president who comes and agrees with me on everything, but, just in case that does not happen, the u. S. Canadian relationship will be fine. Thank you, everybody. Mark the president of the United States and the prime minster of canada concluding a press conference at the rose garden
Especially among millennials and extras are getting opportunities to lead. Ramy wall street mourns the loss of a foundational figure. Its all ahead on bloomberg best. Hello and welcome. Im ramy inocencio. This is bloomberg best. A weekly review of the most important Business News, analysis, and interviews from Bloomberg Television around the world. Our day by day look at the top headlines begins with a vigorous look at the rally in commodities. Oil is continuing its run of gains with brent crude at its highest so far this year. Thats above 39 per barrel. Talk us to the latest development. I was getting these warnings, these alerts in my bloomberg terminal telling me that oil prices were below 30 a barrel. We might have to go down to four dollars a barrel, we are tantalizingly close with brent crude reaching that level there are a few reasons why this is happening. You have u. S. Drillers in the united states, they have the least number of active rigs out there in less than six years. T