You told me things were very frothy a lots happened since then. The wework had just come out. We know what happened with the wework blowup theres been this sense that you saw with the wag news. Theres been these companies have raised an extraordinary amount of money and pitching themselves as Tech Companies that really went Tech Companies. Wework was not a Technology Company. Swag not really a Technology Company, and the combination of trying to get the technology valuations on companies that shouldnt be trading that way and companies that are just raising too much money and have no financial discipline. Hopefully some of that is coming to an end but i still think valuations are going to be crazy for a while. I think, if anything, this signals the beginning of the end of these shoot the moon sort of Business Plans what i mean by that is we just they dont work for two reasons. One, companies are raising a tremendous amount of money and they do that primarily to try and have some sort of
Talks could easily collapse. His bank being accused of the biggest breach of financing laws in australian history. We are here live at the Second Annual Bloomberg New economy form. We have big names coming up. Its a big moment in time. We are same economic power shifting from the emerging economies. One of the men at this crucial juncture when it comes to u. S. China relations will get you live pictures from austin, texas where President Trump is touring the apple factory. Imitated or try to copy my conversation, he made up went beforeon, congress, and made up a phony conversation just like he does every time he talks. He is a very dishonest very corrupt politician. The big upset as you folks know is when i released the transcript. I dont like doing that but you have to keep this very classified and confidential when you are speaking to heads of state. I released it because adam schiff and the whistleblower made of a phony deal. You should be ashamed of yourself. The press should be as
Fcc chair ajit pai spoke about 5g technology and the need for the United States to lead the world in its development and the importance to think about security now before the system is established. It was hosted by the Wilson Center in dc. Good afternoon everybody, and everybody who is in line on the security line, and everybody watching us very soon on a cable network. I am jane harman, president of the Wilson Center and today we are probing a very complicated issue that is be doubling policymakers in washington and all over the world. At least three parts of that problem are the us, china and the 5g supply chain. The Wilson Center has just produced, let me get my prop, this is a prop, a spectacular policy brief by melissa griffith, who you will see in a little bit which is entitled there is more to worry about than huawei. She will explain in detail but run, dont walk, get this and read it. What captures the attention around 5g is Chinabased Huawei has led the way in developing the s
Senator George Mitchell was president of the club and we had 288 members. They were all the rage. And the world war ii memorial dedicated, and Major League Baseball returned to washington as though washington nationals. For 15 years and David Rubenstein is back. David as we all know is cofounder and coexecutive chairman of the karloff group and chairman of the board. And the performing arts, a Strong Institution at the council on foreign relations. And engaged in many many other philanthropic activities. The patriotic philanthropy, generous financing, great historical landmarks, including the Washington Monument, the Lincoln Memorial. The us marine corps. And monticello, and the arlington house. And purchased rare copies of historic documents like the declaration of independence, the emancipation proclamation, and magna carta to ensure they are publicly displayed at the smithsonian and national archives. At the Economic Club, the insightful revealing and entertaining interview were, at
We will be asking if the company can find a way back. Sophie and economists say we may be entering a period of peak dovishness. Posse shares opening flat after following the most on wednesday. We are keeping an eye on a weak Earnings Report as well as Oil Companies with brent extending declines and opec not pushing for deeper supply cuts. The chairman spoke of caution in the short term with capex below 8 million u. S. Dollars for 2020 and 2021. Checking on the aussie dollar, treading water near a oneweek low while aussie bonds are gaining ground on a possible delay to a u. S. China trade pact being signed. Futures pointing lower after japanese shares ended wednesday flat amid signs of overheating. Breaking news crossing the bloomberg on google, google said to be mulling changes to political ad policy, this coming on the back of twitter saying it is voluntarily suspending political adverts on its platform. Facebook on the other hand really more embracing it. Google now said to be mullin