Conversations with heavy hitters in health care and technology. We need more room for experimentation. We need to make sure we have a strong lineup in our Motion Picture releases. Abigail it is all straight ahead on bloomberg best. Abigail hello and welcome. I am abigail doolittle. This is this is bloomberg best, your weekly review of the most important Business News analysis and interviews from Bloomberg Television around the world. Strategicegan with a signal from theresa may, who promised to inject new blood into her cabinet at the start of a critical year for her government. The reboot went underway monday. New year, new cabinet. After losing three ministers last year, by mr. Theresa may 2018 with a cabinet reshuffle. Seems to be about bringing in new blood, more dynamic, more mps. Ul slate of is all part of theresa may trying to grab turf in the party, saying he can do diversity, reach out to the youth, recapture some of those votes. The reshuffle didnt go quite as planned. The Pr
Plus conversations with heavy , hitters in health care and technology. We need more room for experimentation. We need to make sure we have a strong lineup in our Motion Picture releases. Abigail it is all straight ahead on bloomberg best. Abigail hello and welcome. I am abigail doolittle. This is bloomberg best, your weekly review of the most important Business News analysis and interviews from Bloomberg Television around the world. The week began with a strategic signal from theresa may, who promised to inject new blood into her cabinet at the start of a critical year for her government. The reboot went underway monday. New year, new cabinet. After losing three ministers last year, Prime Minister theresa may beginning 2018 with a cabinet reshuffle. It seems to be about bringing in new blood, more dynamic, more him youthful slate of mps. This is all part of theresa may trying to grab turf in the party, saying we can do diversity, reach out to the youth, recapture some of those votes. T
The dollar, and President Trump. The ecb. Lisa the ecb is facing an economy that is recovering and not just recovering, but is definitely gaining steam in the eurozone. The question is, will they announced some kind of ending of their Bond Purchase Program and will they try to talk down that euro . The euro has been strengthening against the dollar. David it is not just the economy gathering steam, it is the euro. Lisa the fear is that it will eat into the corporate profits. David it also suppressed inflation that mario draghi said he wanted so badly. Steve mnuchin says he has been perfectly consistent, there is no problem with the u. S. Dollar even though it has taken a hit. You can see what the dollar has been doing over the last few days, not good. Lisa and took a leg lower after Steven Mnuchin broke ranks with previous treasury secretaries who always commented about not wanting a weakened dollar. He broke with that protocol and saying it would be positive for the dollar to weaken f
Fields in just a few minutes about exactly what it tells about where they are in the First Quarter and with the rest of the year is going to look like. You the ecb bring a. M. Y decision at 7 45 eastern time. Futures be stable out there. S p 500 futures up marginally. Weve pulled further back from se highs alix time for the morning brief. Weekly initial jobless claims in the wholesale inventory the durable goods and the trade balance from march. The treasury will auction 20 billion in sevenyear notes. Finally, today is the busiest day of firstquarter earnings season with 65 Companies Reporting. Weve got alphabet, amazon and starbucks all reporting. Emma President Trump one people pulling the u. S. Out of nafta immediately. The white house as the president ruled out terminating the Free Trade Agreement after talking with the leaders of mexico and canada. Instead, the three countries will renegotiate. Provide an early test for President Trump the taiwanese will submit to the u. S. As an
But analysis conducted by researchers and embraced by policymakers remains essential in designing the policy response so we shouldnt be overcome by the mistrust that failures may produce. Second, the policy response that has its foundation in Rigorous Research is less prone to being impaired by political compromise and easier to explain to the general public third, the facts change, i change my mind what do you do, sir . For policymakers, i like this. But for policymakers, its not thr a change in facts deserves a policy response or, as we say, we should look through it fourth, we had the world changes as it did ten years ago, policies, especially Monetary Policy, needs to be adjusted thats obvious for most people, but not everybody. Such an adjustment is never easy requires an unprejudiced, honest assessment of the new realities with clear eyes unincouple be d unincouple bered by proevious paradigms. Our mainstream economic models have little to say about the shocks, the distributional