And weapons the promise and the peril of the digital age. Im tom giles, in for emily chang. Joining me today on bloomberg studio 1. 0, brad smith, president of microsoft. Tom brad, thanks for being with us today. A lot of the last year has been spent talking about and spilling ink over this complex relationship between the u. S. And china. Id like to hear more about your concerns about the way this is playing out between the u. S. And china, and what impact that could have on u. S. Technological leadership on a global arena. Brad the u. S. Is the Digital Technology leader in the world today, but one of the important things for all of us to remember is that we dont actually invent or create technology by ourselves. If you buy an American Technology product, a product that is made by an american company, in all probability, it consists of inventions that came from Silicon Valley as well as bangalore and beijing and dublin and london, toronto and melbourne and the like. We need to continu
Bond markets awaiting ism services in one hour road map, the trade roller coaster. Stocks look to rebound from a three day slide after that report that trade negotiators are edging closer to a deal. Plus, alphabets shakeup googles founders, larry page and sergey brin both step away from their current official roles, but still control the votes at the overall company. And another setback for boeing, united tapping rival airbus to upgrade its new transatlantic fleets stocks looking to recoup some losses from yesterdays selloffs. Some renewed optimism about u. S. China trade talks. Moments ago the at nato summit in london, the president did say discussions with beijing are going well this comes a day after he said it might be better to wait until after the election to strike a deal another piece this morning is that reuters has Jared Kushner added to the negotiating team having meetings with the chinese ambassador. That would signal more people who are globalists involved. A globalist. Bu
Journalist. Nobody else would consider myself a journalist. I began to take on the life of being an interviewer even though i have a day job of running a private equity firm. How do you define leadership . What is it that makes somebody tick . You are seen as somebody who has said there might be a chance of a recession at some point. Do you see any a chance for a recession in 2019 or 2020 . Ray i am big on principles. I think it is important to understand how the economic Machine Works and so i want to take a few minutes and get into the important things that pertain to a recession. A recession, whether there are two negative quarters of gdp, we will be hovering fairly close to that level, but the bigger things are a combination of the absence of effectiveness of central bank policies. I hope we can talk about those. Together with the wealth gap so when the next downturn comes, what that will look like socially, politically and so on. The elections, which is an issue between capitalist
The message beyond microsofts campus with a new book, tools and weapons, the promise and the peril of the digital age. Im tom giles, in for emily chang. Joining me today on bloomberg studio 1. 0, brad smith, president of microsoft. Tom brad, thanks for being with us today. A lot of the last year has been spent talking about and spilling ink over this complex relationship between the u. S. And china. Id like to hear more about your concerns about the way this is playing out between the u. S. And china, and what impact that could have on u. S. Technological leadership on a global arena. Brad the u. S. Is the Digital Technology leader in the world today, but one of the important things for all of us to remember is that we dont actually invent or create technology by ourselves. If you buy an American Technology product, a product that is made by an american company, in all probability, it consists of inventions that came from Silicon Valley as well as bangalore and beijing and dublin and l
The dow and nasdaq not far amazing suits and float around behind. S of tiffany surging the cabin. It will be a great market after all. I see you are talking about space suit this morning interest in acquiring the that was designed by under company for 120 a share. Armour the next investing frontier, one of the questions that gets Virgin Galactic set to make the put to me a lot is how do you public debut here at New York Stock Exchange this morning. Sir Richard Branson will join us know it is going to be safe . First on cnbc. When it comes to space i mean so, markets are chasing some history this morning the s p is on track to open at space is hard, it got to go off an all time intraday high. On friday, closed within six without the hitch. Points of that record level no room for error here after being fractions away from setting a new milestone. How do you ensure thats the case and what do you tell jim, a lot of the bears arguing what has gotten here from july has been healthcare and ut