Water cannons for the first time. We are live on the ground in the 12th week of protests. Welcome back to bloomberg surveillance. I am matt miller here. Good monday morning. I am here for francine lacqua. Lets go to live picks of the g7 meeting. Somedent macron is getting statements giving some statements to the press. Lets listen in. He is probably the best informed. A few words about libya as we agreed yesterday. At the conclusion yesterday afternoon. Ok. Thank you. Matt all right. We are getting a little bit. Macron saying they are going to bring up the subject of libya. It will be at really interesting when they discuss the subject of iran, as well as trade. Weve gotten so much from trump earlier in the press conference with egypts president elsisi. We have some very disappointing german economic news. Just breaking, the phone Business Climate number came out at 94. 3. The survey was for an expectation of 95. 1 so a big miss there. A big miss on the expectations and on the Current
Fitch size it evaluated several factors before lowering Americas School from aaa to double a plus. But the core of the issue is spending, which many se is out of control. Political divisions also weighed heavily. So will this downgrade sway investors . What impact will it tough in washington . Yeah, before the next to us president ial election, well get to those issues with all guess in a moment that says this report by katia lopez hold on and its not the assessment the Us Government was hoping for. But the Reading Agency searches defending this decision to downgrade americas credit score from triple 8 to double 8 plus. It says, washington has a major spending problem. It hasnt managed to control. Most analysts agree, lets say the downgrade hurts the us treasurys ego more than the economy. The way ive described it to our clients is that if i was apply with of an airplane and you are the passenger, its going to get very bump be put on your seat belt, but the airplane is not going to cra
Lets say the downgrade hurts the us treasury ego. More than the economy, the way ive described it to our clients is that if i was a pilot of an airplane and you are the passenger, its going to get very bumped be put on your seat belt, but the airplane is not going to crash. Were still going to get to our destination, which i think will be higher than it is today, both the s and p and the del majority. Leaders are the reasons for the downgrade, include, which, which describes as an erosion of government, including consensus last minute, congressional debates in june over the 32. 00 trillion dollar debts. The attack on the capital 2 years ago didnt help with any sliding between democrats and republicans. Brewing for years, analysts say, is now reached a boiling point, and we are polarized, where is polarized as weve ever been. We will know that between the democrats, republicans, we cant seem to Reach Agreement on anything. Investors look at Credit Ratings to evaluate their own investmen
Hello and welcome to the fact that loves the whole robin. The credit score of the worlds biggest a call to be downgraded. The Rating Agency fits, says it evaluated several factors before lowering Americas School from aaa to double a plus. But the core of the issue is spending, which many se is out of control. Political divisions also weighed heavily. So will this downgrade sway investors . What impact will it have in washington . Yeah, before the next to us president ial election, well get to those issues with all guess in a moment that says this report by category lopez hold on and its not the assessments the Us Government was hoping for. But the reading agency, such as defending this decision to downgrade americas credit score from triple 8 to double 8 plus it says washington has a major spending problem. It hasnt managed to control. Most analysts agreed, lets say the downgrade hurts the us treasury ego. More than the economy, the way ive described it to our clients is that if i was
Hello and welcome to the fact that loves the whole robin. The credit score of the worlds biggest a call to be downgraded. The Rating Agency fits says that evaluated several factors before lowering Americas School from aaa to double a plus. But the core of the issue is spending, which many se is out of control. Political divisions also weighed heavily, so will this downgrade sway investors . What impact will it have in washington . Yeah. Before the next to us president ial election, well get to those issues with all guess in a moment that says this report by category lopez hold on and its not the assessments the Us Government was hoping for. But the reading agency, such as defending this decision to downgrade americas credit score from triple 8 to double 8 plus it says washington has a major spending problem. It hasnt managed to control. Most analysts agreed, lets say the downgrade hurts the us treasury ego. More than the economy, the way ive described it to our clients is that if i was