Be careful as you approach coming down the waldo grade. Everything else moves smoothly on the freeways. An earlier hillside fire there. Back to you. Thank you, mike. Breaking news out of europe where there appears to be a brexit deal in hand between the uk and the European Union. That includes approval votes by both the eu and Uk Parliament. And theres already talk about uk leaders rejecting it. Shortly after negotiars announced that deal uk Prime Minister Boris Johnson said in a tweet that it, quote, takes back control. He is urging parliament to approve the deal when it meets on saturday. There are 14 days left. More breaking news this morning, this time out of maryland where Elijah Cummings has died. He was serving his fifth term in the house and was a key figure in the impeachment probe. He and President Trump had major differences earlier this year over issues tied to the congressmans district in baltimore. A Statement Issued by staff said it was tied to Ongoing Health issues. A l
We are seeing once again some interesting divergence within the market. The dow climbed to another record and rise for the six of the past seven sessions gaining more than 1 , the s p is on his heels, almost a quarter of a percent. The lag once again is the nasdaq. Only up one third of 1 . A strategist of bloomberg estimates talk about paying attention to that nasdaq underperformance might mean that some of the rumbles we got last week in the rotation out of Technology Going into year end, that movement might not be over. Something to continue to watch their. Also, we are talking about the big deals this morning that we have been talking about scioscia for several weeks. Now it is official. Cvs agreed to buy aetna. That isading well below analyst are asking questions about antitrust approval. Particularly after the Justice Department sued to block at ts purchase of time warner. Orther instant implication more of what this is a reflection of is working broadly and health care. Take a lo
Buy, sell, and swap strategy. Check out what is coming down the pipe. What does it mean for two huge passive investment giants to have so much money . They have been gaining more and more market share in the hedge fund industry. Because they are number one in the industry, it is harder for them to find growth. Michael hello and welcome, i am michael mckee. This is bloomberg best. The week began with high hopes for brexit breakthrough, hoping following reports that the u. K. And it you had made some terms on their divorce agreement. The dream was quickly dashed on monday. Mark the expected breakthrough failed to materialize. Apparently delayed over the irish border. The European Commission president john paul juncker broke the news. Mr. Juncker despite our best efforts and significant progress, we and our teams were not able to reach complete agreement today. This lunch started around 1 30 brussels time. About four hours ago. We understood that it one point, theresa may actually broke a
The buy, sell, and swap strategy. Bloomberg looks at the future of investing. What does it mean for these passive investment giants have so much money . s been gaining more market share in the hedge fund industry. Its harder for them to find growth. Thats alternate on bloomberg best. Onthats all still ahead bloomberg best. Michael hello and welcome, i am michael mckee. This is bloomberg best. The week began with high hopes for brexit breakthrough, following reports that the u. K. And it you had made some terms on their divorce agreement. The dream was quickly dashed on monday. Mark the expected breakthrough failed to materialize. Apparently delayed over the irish border. The European Commission president john paul juncker broke the news. Mr. Juncker despite our best efforts and significant progress, we and our teams were not able to reach complete agreement today. This lunch started around 1 30 brussels time. About four hours ago. We understood that it one point, theresa may actually b
The buy, sell, and swap strategy. Bloomberg looks at the future of investing. What does it mean for these passive investment giants have so much money . Its been gaining more market share in the hedge fund industry. Its harder for them to find growth. Thats all straight ahead on bloomberg best. Michael hello and welcome, i am michael mckee. This is bloomberg best. The week began with high hopes for brexit breakthrough, following reports that the u. K. And it you had made some terms on their divorce agreement. The dream was quickly dashed on monday. Mark the expected breakthrough failed to materialize. Apparently delayed over the irish border. The European Commission president john paul juncker roke the news. Mr. Juncker despite our best efforts and significant progress, we and our teams were not able to reach complete agreement today. This lunch started around 1 30 brussels time. About four hours ago. We understood that it one point, theresa may actually broke away from the lunch to ca