Sevenweek win streak and tech is the secondworst performer in the s p. Joining us for the hour, Barbara Duran from bda capital is here at post 9, talking more about a market that happens to be happy as long as trade tensions are not escalated, pretty much right . That is for sure. And i think a lot is being discounted in the market in terms of global recovery, the fed is on hold, but watching careful. And we have yet to see the effect of the Interest Rates next year. But trade, i think, its what people are expecting is that therell be no more bad news i think hoping for something more, like a rollback of tariffs would be a bit much. This seems to have morphed into a geopolitical technological fliskt i think the downside is limited also for those same reasons, plus people are defensively postured and so on but i think what its going to take is next year, having to see what the earnings are going to be and thats a possibility is the market even considering that possibility is that priced
Is made possible by. The maaret and daniel loeb foundation. Robert granieri through the vanguard donor advised fund. The David Tepper Charitable Foundation inc. Additional fding is provided by. Corporate fundinrovided by. Stephens inc. Irhoover welcome to the fingbl line, mayomberg. Bloomberg thank you for having me. Hoover were here the Global Business forum and one topics you are most focused on is Climate Change. Bloomberg yes. hoov. And how businesses can step into the fray and help ll the void where the federal government, or governmen, are not taking responsibility for addressing the climate crisis. Bloomberg well businesses fill the void, the public fills the void, anprivate philanthropy fills the void. It would be nice if you had the federal government along with you, but i think weve shown by closing 297 of the 530 coalfired power plants in the last few years. C weve besing power plants in america at the same rate when trump was president , than when obama was elected, wch say
I am joined with two Close Friends of mine and im probably the only person who could say this in the entire world, i work with and for both of them but i want to disclose my conflict of interest to start with. General shanahan went to michigan go blue. Rotc to enter the service of our country 1984. He has been promoted a gazillion times in charge of intelligence and operation activities and eventually we needed somebody off operational to have ai with the dod he was the Perfect Choice i worked with him as my role as chairman. Kent walker was a federal prosecutor law and order federal prosecutor who chose to come to Silicon Valley working with ebay and google snagged him about 15 years ago. Weve worked every day together and during that time that only set up the Legal Function but in charge of all global policy. Very significant players. What i thought we should do since you have heard from me is simply start and perhaps kent had to make some comments about the world you see today. Than
With rubenstein and Walter Isaacson who wrote the book about leonardo da vinci. They gave me a chance to ask a question so i told the story in the book. Leonardo considers himself an engineer and in fact he wrote a letter to the leader of milan asking for a job and described his engineering skills and how he could do all these things it would be useful to the leader in terms of any conflict. At the end he said i also paint. I also paint but thats not the story. But in the story because of his engineering interests he talked to leonardo about the impetus, impetus and how that affects how you invent. So when i had my turn for question i said i want to call to your attention something i call to the attention of my colleagues. Leonardo talked about impetus and then you might get friction which is a waste of energy. So youve got to deal with that. Of course they said why would you be telling that to your members, impetus . If we have friction we will do with it but we dont waste energy. The
I am joined with two Close Friends of mine. Probably the only person i can say this in the entire world to work with and for both of them. Want to disclose my conflict of interest. General shanahan went to michigan. Rotc into the service of our country in 1884, he has been promoted a gazillion times and in charge of intelligence and operational activities. Eventually we needed somebody operationally to implement ai in the entire dod that he was the perfect choice. Worked at them in my role as chairman. And the prosecutor who came to Silicon Valley and worked at ebay and google snagged him about 15 years ago. And during that time all of global policy. Very significant players. What i thought we should do since you all have heard from me plenty is perhaps we should just have you make some comments so i thank you very much. Its a pleasure to be with you the Publicprivate Partnership i grew up in this community. I was born and spent the few years of my life on military bases and my father