Beating Goldman Sachs. Coming in atates 1. 5 billion. R. O. E. Over 9 . There with us to discuss is Alison Williams of Bloomberg Intelligence. Your take on the earnings . Too few things . Wealthover 9 and their margin coming in at 25 . We saw that strength at bank of america, we saw strength at wells fargo which was a precursor but those are key metrics. They focus on that r. O. E. And the margin is one of the goals they focus on to get there. Fixed debt in line, the banking fee is something we have seen. Alix what have we learned about Morgan Stanley on Goldman Sachs . Is it all about commodities . It is more execution. Alison it to be a little bit of both. Every quarter is going to be different in terms of where the strength of the overall business is and depending on where the strength in the industry is, that is going to impact who is doing better. And of it is just business product but goldman also says for a Second Quarter in a row they did not navigate markets well. That is what
We are getting breaking news, a little bit of data out of germany. One point 9 move in 2016, a touch above analysts and economists expectations. We were expecting a 1. 8 , and we have a 1. 9 . It is pretty much in line with estimates, rising 0. 7 month on month. We had estimated 0. 2 , so it is coming and above expectations. We have a little bit of china december new yuan loans. It goes back to an economy in china that may be boiling up a little bit, and you china loans increased almost doubled from the period last year. Lets quickly check on the markets to see what all of this piece of news means. We had the first News Conference, press conference by donald trump yesterday, the first one sense july of last year, certainly the first one since he got elected. Maybe because of the lack of policy details, the dollar weakened a little better there was a little disappointment and markets about the press conference, and that caused investors to unwind trade positions. Gold, for example, back
Erik insight into whats ahead for the fed. Now with the time to be thinking about how we normalize more quickly. A few hikes this year seems reasonable . This is not an environment where the data is screaming you have to move. We could get more this year. Erik it is all straight ahead on bloomberg best. Erik hello and welcome. Im erik schatzker. This is open quote bloomberg best, your weekly review of the most important Business News, analysis and interviews from Bloomberg Television around the world. This was the week prior minister Prime Minister theresa may promised to trigger article 50. Starting britain on its long and potentially painful breakup of the European Union. But on monday, a multinational merger took an important step forward. The European Union approved the proposed 77 billion merger of dow chemical and dupont saying the companies have , addressed its concerns. What sort of concessions to the concessions did the companies have to make to get the stamp of approval from
Erik insight into whats ahead for the fed. Now with the time to be thinking about how we normalize more quickly. A few hikes this year seems reasonable . This is not an environment where the data is screaming you have to move. We could get more this year. Erik it is all straight ahead on bloomberg best. Erik hello and welcome. Im erik schatzker. This is open quote bloomberg best, your weekly review of the most important Business News, analysis and interviews from Bloomberg Television around the world. This was the week prior minister Prime Minister theresa may promised to trigger article 50. Starting britain on its long and potentially painful breakup of the European Union. But on monday, a multinational merger took an important step forward. The European Union approved the proposed 77 billion merger of dow chemical and dupont saying the companies have , addressed its concerns. What sort of concessions to the concessions did the companies have to make to get the stamp of approval from
Erik insight into whats ahead for the fed. Now with the time to be thinking about how we normalize more quickly. A few hikes this year seems reasonable . This is not an environment where the data is screaming you have to move. We could get more this year. Erik it is all straight ahead on bloomberg best. Erik hello and welcome. Im erik schatzker. This is open quote bloomberg best, your weekly review of the most important Business News, analysis and interviews from Bloomberg Television around the world. This was the week prior minister Prime Minister theresa may promised to trigger article 50. Starting britain on its long and potentially painful breakup of the European Union. But on monday, a multinational merger took an important step forward. The European Union approved the proposed 77 billion merger of dow chemical and dupont saying the companies have , addressed its concerns. What sort of concessions to the concessions did the companies have to make to get the stamp of approval from