Welcome to bloomberg daybreak europe. Our flagship show im all anna edwards. A very good morning to you. Im live from the anna. The status quo is simply not enough. That was the verdict of the market here in the last 24 hours. It dropped from 5 , but we are at a Pivotal Moment at the opec nonopec relationship. Is fundamentally disappointed, there wasnt enough discussion about an exit strategy in april of next year and compliance. Can they all stay compliant as they go into the bumper season . Forget, frack attack. Thats the risk to the price of one. You wonder when opec needs a lesson when you look at whats happened in the last 24 hours. Lets talk about whats happened in the asia equity market and other asset classes. The Pacific Drilling down just a 10th of a percent of we are seeing witnessed coming through in some energyrelated companies. Commodity currency is always also on the back burner. We have this really fascinating polling coming out. , since theken Manchester Attack, showin
Happy new year. Happy new year to you, too. What do you make of what the stock market has done since election day . Look, i think a lot of it is its all positive because people think youre going of have positive gdp growth, less regulation. And i think if you have this 2 to 3 or 4 to 5 growth thats good for equities. Equities this year will be up 10 . Were calling it the trump rally. Is it fair to call it that . I think its you can call it whatever you want. To me its definitely a rally and the rally is because all the numbers coming out are all positive. Right . So everybody is seeing that theres going to be more positive there. And i think a lot of it is for businesses, the less regulation there is the better it ends up being. Its so interesting just given your place within the clinton calm pampaign, youre c to the clintons. Yeah. You wanted her to win, he won. Are you surprised the stock market has reacted the way it has . A little bit. And i think part of it is just as the numbers
Good morning to our viewers in europe. Welcome to you waking up in the United States. It is columbus day. I am guy johnson. This is the pulse. We are live from bloomberg headquarters in london. We are not seeing eye to eye when it comes to shares slumping. Lets talk about the markets. Last week was brutal. Are we getting a bounce this morning session mark yes. Week, 1. 5 trillion wiped out. Lets talk to Jonathan Ferro about the action we are seeing. It took about an hour to happen and we had the turnaround. Stocks are swinging up and down. It is been very volatile. How much attention can we pay to the rebound . The question i will ask an the point i make is the discussion and the debate has changed in its tone and direction. It is based on a recession in europe. It, there response to are two key battles going on. More theout how much central bank can do. The other is political. It is about physical stimulus. It is between german fiscal discipline and the french. Meeting is going to be
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