Within the political structure. Shinzo abe, the Prime Minister of japan, people underestimate the challenges facing him. Accusations of corruption, the battle just got steeper. We cant overemphasize how steep the economic challenge has been. He is famous for his three arrows he has reduced unemployment, but low deflation and low inflation continues to hobble the japanese economy which as you know depends on an elder situation that creates a Social Security bill. To take care of those people as they get older. Is facing challenges on that. Things he has done to jolt the economy have proven very uneven in terms of their impact. Now he is an issue where, this cronyism, this school that was connected to his wife, other people in his cabinet have done things that have caused scrutiny. He has jettisoned some of them. The underlying challenge is, can he marshall his forces in a way to continue this relentless focus on the economy . The defense issue is another issue with japan. There is treme
Within the political structure. Shinzo abe, the Prime Minister of japan, people underestimate the challenges facing him. Accusations of corruption, the battle just got steeper. We cant overemphasize how steep the economic challenge has been. He is famous for his three arrows he has reduced unemployment, but low deflation and low inflation continues to hobble the japanese economy which as you know depends on an elder situation that creates a Social Security bill. To take care of those people as they get older. Is facing challenges on that. Things he has done to jolt the economy have proven very uneven in terms of their impact. Now he is an issue where, this cronyism, this school that was connected to his wife, other people in his cabinet have done things that have caused scrutiny. He has jettisoned some of them. The underlying challenge is, can he marshall his forces in a way to continue this relentless focus on the economy . The defense issue is another issue with japan. There is treme
Meeting. Wantsitish Prime Minister a strong relationship with President Trump, when she first meets with him later today. She emphasized to the United Kingdom that she hopes to pursue trade talks with the u. S. In the coming months. Prime minister may a new trade deal must work from both sides and serve our national interests. It must help to grow our respective economies and provide the high skilled, high paying jobs for the future for working people across the u. K. And america. Jon a core mandy moores and to guy, is bloombergs johnson. What is coming up and who needs to get the most out of this meeting . Guy in some ways, they both need to get a lot out of this meeting. Donald trump had an interesting time in the last 24 hours in relation to mexico. It would be nice for the white house to talk about a positive relationship when it comes to trade. Maybe he is able to achieve that with this meeting with the british by minister. From the u. K. s point of view, President Trump may be th
And fight back. The people voted without knowledge of the terms of brexit. As these terms become clear, it is their right to change their mind. Our mission is to persuade them to do so. Jon guy johnson joins us now from london. Its a question i was asked this morning. What is he doing . Guy he thinks nobody is making the opposite case. Toys are in extent, he has a point. Theres very little that represents the people who voted remain. His tony blair the right person to be making this argument . Its very easy for Boris Johnson it because of tony blairs history of thinking about taking the u. K. Into the euro. He is an exceptional politician was anays speech incredibly wellcrafted piece of political speech writing. Is he is damaged goods in many peoples minds in the u. K. Jon he has the background to understand issues. The likes of tony blair will not make a difference in this debate. Who is his audience as he comes about the brexit situation and urge an uprising . Guy i think hes hoping
First Abigail Doolittle tells us everything going on in the markets. Small small gains for the nasdaq but nonetheless looking at it caused with the reflation trade, the dow and s p 500 trading lower, the doubt on pace for its worst day in the month of february. Thething else about today, first day in seven trading sessions that we do not have some sort of record high for these three major averages. A bit of a pause in the reflation trade. We have stocks close to the record highs and still do not have a 1 move for the s p 500. ,hen we go into the bloomberg the top orange line is a 1 move up in the bottom line is it one person move down. We are now on day 49 without a move up or down. Day 89 without a move to the downside, the last time that happened was in 2016. Stocks trading to alltime highs on the reflation trade, the risk rally, we do not have any really big conviction behind it or big moves. The last view times the other ranges broke it was on massive volatility so when this tradin