The next governor of the bank of england. He is no stranger, 30 years of experience in a range of positions. Francine lacqua joining me now to take over hosting bloomberg surveillance. About his experience of Monetary Policy, the economics of the u. K. , and on the regulatory side, and reflecting on the brexit experience, even if many people point out a lack of Monetary Policy setting experience. In terms of market reaction, we do not expect a lot of reaction. Our colleague was pointing out he was widely expected to be the next governor of the bank of england. Move on the ftse 100, equity markets not moving far. We do have confirmation on who the next governor of the bank of england will be, and mark carney has extended his term to the middle of march. Francine thank you so much. Welcome to bloomberg surveillance. Governor of the bank of england will stay until march 15. Andrew bailey is to succeed mark carney. Bailey spent three decades at the bank of england as Deputy Governor. Lets
Barbara duran from bd8 capital markets. Thank you for joining us today weve got a lot of forces at play again another kind of side waist market, but some Risk Appetite if you look at whats moving higher today i agree with that i think that the action has been very constructive. And i think whats going on is youve seen the earnings expectations come down you had just a little sample last week, but majority of Companies Beat earnings and the most important thing, i think, was jpmorgan and American Express talking about the strength of the consumer in loans and spending and thats really the underpinning to the economy. And so we also know the fed, they have a meeting coming up. Im not expecting them to cut rates, but they have made it clear they stand ready and i think that forms an underpinning for the market. And not to mention china we have a little truce there i think we were all expecting some more down babeat commentar from what weve heard so far but so far, its been okay maybe rest
Highlights. The senators blasted Dennis Muilenburg time and again on a wide variety of issues some accused boeing and the ceo of not being straight with them, outright lying in terms of questioning about the 737 max. Others basically said to him, youre the ceo, how could you let this happen . Youre the ceo. The buck stops with you. Did you read this document and how did your team not put it in front of you, run in with their hair on fire saying we got a real problem here. Those pilots never had a chance these loved ones never had a chance they were in flying coffins. I was walled walk before getting on a 737 max i would walk zbra there is no way just a few of the comments from senators asking Dennis Muilenburg and also offering their opinions in terms of the 737 max more Dennis Muilenburgs time he said time and again, look safety is at the core of our mission. We are committed to making sure the max is safe when it returns to flight and that the Company Makes changes that are necessary
Today. Im at the boeing post, where that stock is rebounding right now. Up 2 . Weve got more on that in the meantime, the rest of the market hovering near alltime highs. Weve got 59 minutes to see if we can eke out a new record. Yeah, but just losing that momentum, morgan, in the last few minutes, now red on the a s p 500. Im wilfred frost. Good afternoon to you. Lets look at whats driving the action some trade pessimism as we got news that phase i of the u. S. Trade deal may not be signed in november, as planned Solid Earnings reports from merck and pfizer helping give the Health Care Sector a boost, but tech has turned lower with disappointing results from alphabet and grubhub, driving the nasdaq lower also to come today in our beyond the bundle series, we will get the details from at t about their new hbo max service and well also speak with one of the disrupters in the mccollum the interview coming up on closing bell. We are just negative for all three of the major indices of cours
last-minute move could hurt the president this is a very risky choice given that the south will probably not like this and other swing states will show concern about his election year conversion recent polling supports the president s stance. a wall street journal poll shows that 49 percent of americans support same-sex marriage. 40 percent oppose it. in the bay area the numbers are even stronger. our survey shows that 61% supported and 32 percent disagree. we also learned that the president was already planning on supporting same-sex marriage but he was just not sure when he would make the announcement. the vice president forced his hand by saying he was entirely comfortable with same-sex marriage on sunday and when asked if he was upset about it the president reportedly laughed and said no. cbs five has been flooded with bay area politicians backing the president. nancy pelosi and barbara boxer praised the president as did john pervez and darrell steinberg. kristen is