Why . Shery how did the bigtime investment people feel about the economy . It is complicated. It is not the same to deals we put last year. Simply put, we are in the proceed with caution spectrum. We all have to be worried about it. Shery straight ahead on bloomberg best. Hello, and welcome. This is bloomberg best, your weekly review of the most important Business News and interviews from Bloomberg Television. Lets begin with the top headlines. Warren buffett has never shown much of a taste for tech investment but on monday we learned his company has taken a billiondollar bite of apple. Warren buffett has shunned technology companies, staying on the sidelines through two internet booms but Berkshire Hathaway has discovered a stake for his holding of 9. 8 million shares at the end of march. He is also said to be backing a Group Bidding for yahoo s assets. Are we reading too much into this . Is he changing his tune . That is the great question. I am sure we would all love to know the ans
Traveled to our Nations Capital and traveled to the oval office. He then met with president obama and then spoke to reporters on the white house lawn, saying that while he will be competing in the d. C. Primary next week, he will also do all he can to from becomingump president. I spoke briefly to secretary clinton on tuesday night. I congratulated her on her strong campaign. I look forward to meeting with her in the near future to see how we can Work Together to defeat donald trump and to create a government which represents all of us and not just the 1 . A couple hours after sanders spoke came the big news today. In a three minute video, president obama expressed his unequivocal support to his 2008 rival and former secretary of state. I want to congratulate Hillary Clinton on making history for becoming the presumptive nominee for the Democratic Party. I know hillary will be so good at the job. I do not think there has ever been anyone so qualified to hold the office. She has the cou
Fresh off a bruising what took place. Night,ff a bruising Bernie Sanders went to a coffee shop for an historic scone. With president obama, saying that while he will be competing in the primary next week, he will ultimately do everything he can to stop Donald J Trump from becoming president. I spoke briefly to secretary clinton on tuesday night and congratulated her on her very strong campaign. I look forward to meeting with her in the near future to see to we can Work Together defeat donald trump and to create a government that represents all of us and not just the 1 . A couple of hours after sanders spoke came the big news of the day. The Clinton Campaign released a three minute video produced by them in conjunction with the white house of president obama expressing his unequivocal support of her run for the white house. Mr. Obama i want to Hillary Clinton for becoming the presumptive nominee for president of the united states. I know how hard this job can be. Thats why i know hillar
Welcome to countdown. We are encroaching on ¥100 to the dollar but we are keeping a close eye on where this next leg in the dollar goes. Is this a yen strength story or is it a dollar weakness story . I would contend this is now more eight dollar weakness story. The fed is fading. The dollar is down for a third day, the lowest since brexit. The last time they posted a trade below 100, that was post brexit. That thehown 80 odd yen will touch 100 in the coming months. It looks quite sneakily as if it might get through today. Mulls theams possibility that 2 inflation targets are no longer really that relevant and they are not welding not working. The flows in dollaryen over the past hour have been significant. They are hitting record levels in model funds and they are filling in the asian session. Keep an eye on those. Lets look at the risk radar. Little bit lower as well. You have the dollar index down for the third day in a row, the lowest since brexit. Atan equity, which you have 140.
Million super pac to Push Congress to reform Corporate Tax. Lets check in on u. S. Futures. On this thursday morning we have a higher call from markets. The s p 500 the implied open is telling us well be up maybe two points. Dow jones industrials should be gaining by 20 points. Were pricing in close to 10. 5 points. Its a mixed picture out there. The ftse 100 here in the u. K. Were down. 5 . Meantime the german dax minimal games. The cac 40 in france not going anywhere and the ftse mib pretty flat. The follow through thate saw from the asia session. Lets take a look at individual stock movers and strg demand, yes, Strong Demand in europe and china boosting profits at daimler. Logging record sales in the Third Quarter driven by new model launches. We also have swiss pharma giant roche in the news after beating targets on the first nine months of this year. The ceo said he was positive on the companys drug pipeline in the future and publicis, the ad company is cutting its 2016 sales targ