Her father. Hes been a tremendous champion of supporting families, and enabling them to thrive. Lets hear from the founder of wikipedia, he has a brand new project which has the purpose of taking on fake news. Here isjimmy wales talking to me earlier about the initiative before we get into some questions. Everybody has been talking about the problem of fake news, also we see low quality clip bait site which are polluting the internet so thats a fairly clear problem and i think part of the solution is to really look at the Business Model ofjournalism solution is to really look at the Business Model of journalism and solution is to really look at the Business Model ofjournalism and the Production Model so what i want to do is bring together good serious thoughtful Community Members like the wikipedia community, with professional journalists who work side by side to create something new, something different, in terms of quality journalism new, something different, in terms of qualityjourn
Lets spend a couple of seconds thinking about the beautifully written speech that president obama said it was an historic speech and it really important one. Tom and some controversy on both sides. Did you see the headline come across the bloomberg from Prime Minister abbe . Many Young Americans died in the war. That is an extraordinary headline to see the president and the Prime Minister with the memorial behind them. This is deeply emotional from my childhood. That is not a church. Although it has bordered on a religious moment. Hiroshima hall, arguably one of the great World Heritage site. Just extraordinary to see this moment. I was caught by the president speaking of a terrible force. We know he will meet with for survivors of that 1945 bombing. Get to the bloomberg first word news. Ine of president obama hiroshima. Historydent obama made moments ago in japan, the first sitting president to visit hiroshima. The president placed a wreath at ground zero. He said the bombing shows th
On the bloomberg. The reason you do not see a dot beyond on the righthand side, he is saying that is outside of a poor castable four castable forecastable period. This is fascinating. When the summary of Economic Projections came out and we look at that straight up right at the bottom, the answer is there now. Jim bullard. David when you read the statement hes just issued, hes saying a lot of things people the fed is about projecting out into the future well beyond what it can no. Know. S what it can some people think their models are run. Alix how do you forecast a fed that is data dependent . After the dots were released, there was chatter in the market with alie evans statement of a shift in how you view the economy and where you actually think rates should be. Of the f1 all members see are in agreement about the approach to this question. Agreement. In the question is whether other people come to jim bullards side. David we will have a bloomberg exclusive with microsoft cofounder b
For many markets. The dax is up 1. 24. France is you will over a 1 so is the ftsi. And crude oil rising for the first time in seven days. Wti up by 66 cents. And also look at currencies. The pound making a sharp comeback this morning after tumbling to a more than two month low. Both the uk referendum campaigns have been suspended after the killing of jo cox. Gonna show the currencies because problem with the goes back to 1. 43 in watching it. The betting market, didnt get up to 70. Now i think the betting market was the pound. That might be a better indication of whats happening. Right. The one market thats really kind of got its finger on the pulse. Im sure the betting market obviously it is not as big as the foreign currency market or the pound. 1. 42. And then we didnt show gold. Gold is gold is going down. Gold is going down. After seven straight days. Now you are ready. No im not. It was down like 8, 10 or something. But its on a roll. Down 11. 11. Long way to go. In the meantime.
Him to adjust his persona to make it more acceptable. I like your statement that your 85 years old and not afraid of any ring. As you said, youre the former cochair of senator ted cruzs race, he seems to be leaving the door open for return. Is there any possibility of that . All things are possible, and nothing is predictable. The likelihood is very small. Not atell you that it is strategy being worked or pushed at all. Ted was asow of articulate about it as he usually is about everything else. Most important things are this. He made some statements about the nomination. Some of us believed there was a viable path. I would have liked to see him stay in through california, then count the chips and the game was over run. They made a decision. He was in a better position to evaluate that. Strategy is not a being worked to try to put him back in as a candidate. Are some things, there are ted cruz delegates open across the country. He was going to cleveland. That we have a platform needs to