More like the apple watch series five. And linking up. We get an exclusive check in with linkedin ceo. His thoughts on the Company Three years after microsoft acquired the website. We begin with one of our top stories this week. Oracle announced wednesday that the ceo is taking a leave of absence for health reasons. They disclose the move along disclosed the move along with Quarterly Earnings a day earlier than results were scheduled to be released. The company did not specify what issues he faces or how long hes leave will be, but the executive chairman released a statement saying quote oracle has an extremely capable cfo and a deep team of executives with long tenure. We will cover marks responsibilities during his absence with support from the rest of our strong management team. To discuss, i spoke with a Bloomberg Intelligence Senior Analyst and our Global Executive editor tom giles. As far as his leave, there have been signs that he may not be unwell. What was not expected was the
Flexible retail concerns me. I dont think businesses should be open past 11 00 p. M. In the neighborhood. That was a recent addition. I would like to look out for the interests of the neighborhood when considering the nature of the retail. Related to that we need to consider if this is a Retail Destination clogged with traffic with people coming to shop. Is that appropriate for the neighborhood . The proposed lengths of time for the project. I have a 6 yearold daughter. When i saw 15 yearold timeframe my daughter will be a junior in college when this is finished. That is mind bo mindboggling. 15 years of disruption to the neighborhood for that amount of time, i would argue this is not a fair or equitable or just or project to the neighbors currently living there. Lack of affordable is a justice and equity issue. We cant solve that in a way that is just or equitable to the People Living in the neighborhood. I would ask you look out for the rights of the people in the neighborhood is the
Usually, but i had to take one i kept reminding you that good things can still happen. Sure enough today we got a confluence of great news that made people want to buy hand over fist. Buy, buy, buy, buy, buy, buy. S p up 1. 3 and the nasdaq pulled 1. 75 hallelujah. What happened what happened . Remember the consensus on wall street we were headed for recession, right well, then we learned that the white house has restarted trade talks with china we got some strong Economic Data terrific jobless claims number wrap it up i should have gotten a bow, wrap up a box and you have all the ingredients for a spectacular rally. So where do we go from here . Isnt that what matters . That was history before i break down my current world view let me give you some anecdotal evidence about where we are or at least where we thought we were until today. Im walking down the street going over to my small mexican place san miguel, you know what im talking about. A very nice neighbor stopped me and said, wi
The g. 7 this weekend how do you think the u. S. Is going to react. Not particularly well to be honest i think the u. S. Position is incredibly clear its been explicit we know that donald trump has called this nuclear deal the worst deal of all time for for whatever reason be it self interest or or be at the thought that it didnt do enough to stop the Iranian Nuclear program or didnt do enough for u. S. Interests we know that thats the u. S. Position and i think it would be highly unlikely for trump and john bolton and others involved at the highest levels of the administration to actually soften their stance and so that means that the european powers to figure out a way of saving the deal without the u. S. Being involved and figure out a way of allowing the iranian economy to prosper in the face of these crippling u. S. Sanctions and thats where i think the United Kingdom has a huge role to play here and we know that Boris Johnson has been playing sort of both sides in essence but hes
But we begin with another tough day on wall street stocks hitting the skids as yields head south just adding to wall streets wall of worry wp Goldman Sachs, morgan stanley, ubs, bank of america all out with new notes raising the red flag on trade tensions hitting the market so what do we make of all this the sort of, i dont know, stuttering in the markets based on trade its interesting that youre getting some of the macro folks around the street starting to become a little more concerned when in fact i do think that weve seen bond yields telling us something very dramatic 164 we closed on the 10year dollar holding in. But i think the concern around the rest of the world truly that were seeing major contraction, a couple of pmis weve had over the last couple of weeks weve got regional fed surveys this week weve got a cpi number in the states which i do think the fed will be closely watching to at least give them something to follow through behind in terms of inflation or lack thereof gi