We see there is a delay. Plus, we sought through earnings reports with reaction. All our businesses are making huge progress. The pendulum has swung. It is all straight ahead on bloomberg best. Hello, im jonathan ferro. This is bloomberg best. The most in review of important Business News analysis and interviews from Bloomberg Television around the world. For much of the week, the focus of the Business World has been on washington, d. C. , as the active and embattled Trump Administration continues to dominate headlines. Reporter President Trump and Justin Trudeau concluding their News Conference where they discussed the need to tweak terms of the trade agreement with canada. Tweaking is a far cry from what he described on nafta, a tearing up. They obviously covered mostly trade, as you expected. Was there anything here that was surprising . A lot of canadians wanted to hear about, tweaking a trade deal with canada, not necessarily ripping it up, all things are on the table the type , o
President. Its a big week for your monday very clearly and then, theres the oscars. Hollywood tried so hard for a politically correct beat up on trump festival, but everyone is talking about the embarrassing chaos that ended the night. I just wonder if the rich trump haters in hollywood will give back the tax cut that President Trump will give them . [laughter] dream on, varney. Varney company is about to begin. Theres a mistake. Moonlight you guys won best picture. This is not a joke. This is not a joke, im afraid they read the wrong thing. This is not a joke, moonlight has won best picture. Moonlight best picture. Stuart almost laughable id say. Thats the moment that everybody is talking about as last night oscars, la la land was read and they were handed the wrong envelope. Liz i almost thought that was the selection for the new dnc chair. Hey, they made a mistake. I thought jimmy kimmel was outstanding, funny, what are you going to do. Ashley we understand the investigations are un
Our citizens deserve this and so much more. Why not join forces and finally get the job done and get it done right . [applause] charles well the president s speech has been met with backlash and scorn from the mainstream media, President Trump made major inroads with his pundits this time around. Ill give the president , that was the most deliberate, disciplined speech i ever seen him give in all the time weve been watching. Most disciplined, on message, on his thing. Met his marks. He didnt use the word i. It was very healing. He said at beginning he would speak from his heart. I think heid that. I think by far the best speech i ever heard donald trump give. It was one of the best speeches i heard in that setting ever give. Donald trump may have been inaugurated on january the 20th, but i think he became president tonight. Charles joining me, robert wolf, Mercedes Schlapp and ed fazoli. Mercedes, wow, everyone came around. It was hard to find issues with that speech, wasnt it . It is
Overnight in asia, the nikkei flat. Hang seng and shanghai were weaker. The shanghai down by 0. 8 . In europe this morning, some of the early trade, just 24 hours after that announcement from british Prime Minister theresa may about a new snatp election, things have turned around. Yau european markets in the green. The cac and dax up by 0. 3 . The tenyear yield in the United States fell to a low of 2. 165 on tuesday. That was the lowest level since november 10th. Well keep a close eye on that today. The tenyear yield now is sitting at 2. 209 . Well have much more of this coming up later this morning. Lets get you to some other big stories. In earnings news, ibm reported Quarterly Earnings that beat expectati expectations, but sales fell short of estimations. Revenue declined 3 from a year ago. That marks 20 consecutive quarters of revenue decline. They have long talked about those revenue being empty calories, but a big debate about that remains. Youre looking that the stock down 4. 5
Donald trump. Many fear he will freeway the Campaign Promises and deport undocumented immigrants. No one feels safer with him as president. Families will be broken up. An undocumented single father held a sign expressing fear for the future. I cannot imagine what it is like if i was not around for my daughters. Terrified of that thought. On wednesday the protest included 7,000 people with shattered whens whens and graffi around downtown oakland. A pastor hold this sign, a plea for peace on the streets. It is okay to be angry and disagree. You have to put it behind you. You have to move forward. Look at this map showing 18 bay area cities where High School Students walked out of class in protest. The students organizes the demonstration on social media the largest in San Francisco where an estimated thousand students from several schools took part. Some stuff walked with students during the march to make sure the students were safe. A School Principal apologized for using antitrump prof