Highprofile alumni who continue to shape the Business Community including Morgan Stanley chairman and ceo james gorman. Im very surprised at where rates are. Id expect by the end of the year, the 10 year would be 3 . I was dead wrong. Jason we will hear more from james gorman in other chats and many topics are also covered in this weeks issue. Carol that included a top story, the u. S. China trade war. As goodwill lifted financial markets, financial editor peter coy warns of consequences. Peter in a way, it is as if the u. S. And china seem intent on dividing the world into two separate spheres, which is really globalization in reverse, and to use a more recent analogy, it is more like the period after world war ii and the cold war when there was a soviet bloc and the western countries. And not doing very much commerce with each other. Very separate, and that was not good for prosperity for anyone, and risk is we will go that way now. Carol we have smart conversations at the Columbia B
Welcome to daybreak europe. Political risk is pushing its way to the front in the u. S. , donald trump is to face a formal impeachment inquiry. Says he has violated his oath of office. Trump calls it witch hunt. After yesterdays defeat, Boris Johnson has restated his vow to complete brexit, defined calls to resign. He says he disagrees with the Supreme Court and will comply with its ruling. Lets get the latest with jody. Chneider who is live great to have you on the show. What are the chances the impeachment inquiry will lead to charges against the president . It is unclear whether there will be charges. What nancy pelosi has done is ask six committees to look into investigate the president and his actions to see if he has violated the oath of office and report back. There will be an umbrella inquiry and there could be charges. This is a significant escalation with the democrats before the house had been reluctant to move forward on impeachment. Even if they were to bring charges, it i
Democrats actions are tantamount to treason. Ton has a, pellele poor showing this week. The eu starts to question Boris Johnsons ability to deliver the brexit deal by october 31. Talks resume in brussels today. Matt less than a halfhour from the european open. Dax futures gaining. 0. 2 . Utures up it does look like we could have a risk on start to todays trading session. Look at thehave a futures which suggest movement. Troubles by some of the distractions on capitol hill. Waiting for new headlines on trade and the Global Growth story. We see some weakness. When you look at the japanese markets, a lot of exdividends. Probably speaking we see weakness. The overall market is expected to go higher. We could see weakness in technology. Micron not as optimistic as they were. Andee the tech heavy index look for some reaction in the european markets. Lets talk to our colleague mark cudmore from the mliv team. You about our question of the day, what is needed to stop this flight to safety . Ha
Loans, a practice brought to light last year with a series of stories, including a cover of businessweek on how an obscure document turned the court system into a Debt Collection machine. We will take a look at the new legislation and its impact. Carol porsche unveiling its first ever electric car in a battle to steal the market that tesla built. Ycano look at the ta turbo. Jason our big story of the week, brexit. Boris johnsons do or die strategy to exit the eu was derailed and his plan for a general election was rejected. Carol what a week. Having bet everything on getting britain out of the European Union by october 31, now he really cant back down. Lets bring in our editor from london on whats next for the u. K. Prime minister and if he will need to delay brexit. What a week it was for Boris Johnson. How weakened is he as a leader of the u. K. . Boris johnson is completely trapped. He has been british Prime Minister only six weeks and has already discovered that there is not a grea
About synergies and the road ahead. Chinese Online Retailer alibaba defies the slowdown of missed a trade war with sales surpassing expectations. It was a big week for tech ideas with fleet work and cloudflare filing to go public. Cloudflare has been in the news given its relationship with hm 8chan. Three alleged gunman posted manifestoes on 8chan before three mass shootings. Cloudflare stop providing services after el paso, texas, largely take the platform offline taking the platform offline. So is now the time to go public . Like many other tech ideas, especially in software, it is not profitable. It has a pretty good growth rate , it is really trying to look at competitors. Fastly went public earlier this year and is doing ok. There have been some sources who were asking me why cloudflare took this long to get this point. They had been preparing since the fall of last year for a public offering. Emily cloudflare is a name we of the companies that will go public soon. Tell us exactly