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Transcripts For BLOOMBERG Bloomberg Technology 20240715

facebook expose. u.k. lawmakers release a cash of internal emails from the social network revealing a take no prisoners approach by mark zuckerberg himself. will lawmakers be just as ruthless? executives tech across a look and valley have gathered at the white house for a closed-door meeting with president trump stopped trade traders trumps top advisors. the ongoing trade war with china is expected to be front and center as well. the roundtable was hosted by the president s daughter and robert lighthizer. the ceos of microsoft, google, oracle, ibm, and qualcomm were all in attendance. it is unknown a president trump attended the meeting. joining us with the latest from washington is alex wayne who leads our coverage from the white house. what you think this meeting will accomplish? alex: it had a lot to do with trade in less to do with future of technology, the industries of the future, the purported purpose of the meeting. know whethered to the white house has a plan to re

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Transcripts For BLOOMBERG Bloomberg Technology 20240715

arrested. facebook expose. u.k. lawmakers release a cash of internal emails from the social network revealing a take no prisoners approach by mark zuckerberg himself. will lawmakers be just as ruthless? emily: u.s. tech executives across a look and valley have gathered at the white house for a closed-door meeting with president trump stopped trade advisors trumps top trade advisors. the ongoing trade war with china is expected to be front and enter as well. the roundtable was hosted by the president s daughter and robert ighthizer. lighthizer. the ceos of microsoft, google, oracle, ibm, and qualcomm were all in attendance. it is unknown a president trump attended the meeting. joining us with the latest from washington is alex wayne who leads our coverage from the white house. what you think this meeting will accomplish? alex: it had a lot to do with trade in less to do with future of technology, the industries of the future, the purported purpose of the meeting. the ceos wa

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Transcripts For BLOOMBERG Bloomberg Markets Americas 20240715

very much in line with his thinking. the fed is independent and he has never crashed that wall, but he has been suggesting for a while that the fed should not be too tight. looks like the fed is on its own decisions based on their data read.looks like they are coming to the same conclusion . jonathan: he has not crashed the wall but he has had a peek over it and had a few words. [laughter] larry: he is the president.he is entitled . what can i say? we all have our opinions. jonathan: the base case looking at the forecast at bloomberg, 2.6% real gdp. that seems to be the estimate.it seems to be a consensus view we return to growth. the is a trend growth is in the low two s or the work this demonstration has done has changed the story? larry: i think the story has changed.trend growth is moving back to 3% or better . the fourth quarter may come in a little softer.i don t know . hassett, he says it will be 2.5% in the fourth quarter.i m taking the over on that . i think it can s

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Transcripts For BLOOMBERG Bloomberg Markets European Close 20240715

euro-dollar trading at 1.1471. bmw is a casualty of the trade story. this is a car this is a german car company dealing in the u.s. it does ship to china and that is where the trouble with trade buys. crude is a factor. we have seen relating to what is going on with opec and the possibility it may slam the brakes on the surprise story next year. again, seen the eia data a very significant build. as a result, crude is trending lower down by .6%. what to the u.s. markets look like? abigail: they look bullish and the have a post-election rally. take a look at the s&p 500 and the nasdaq, up three days and a row. the dow is on pace for its best weekly performance this year. the s&p 500 is better than last week. bullish we do have in terms of the stock buying we re seeing out of investors with the overhang of uncertainty with the elections going pretty much as expected. as we hop into the bloomberg, yesterday, there was talk of all him s were lower there was talk of volumes bei

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Transcripts For BLOOMBERG Bloomberg Markets Americas 20240716

as well as the other. british prime minister theresa may is getting hit from all sides on brexit. her fiercest critics spelled out their demands. the x brexit secretary endorsed a plan calling for a much harder departure. meantime, the opposition labor party is leaving the door open to a second vote on leaving the eu. bloomberg spoke to john mcdonald. this will be about the deed itself because we are respecting the original referendum. we have been putting forward our own proposals on a deal with a close relationship with the single market, some elements of reform, and i think our european partners are off of that negotiation. what they have been witnessing is a former negotiation that is unacceptable, threatening to walk away. mark: tanzania s government is investigating last week s ferry accident which killed 227 people. a preliminary investigation found the vote was at its capacity for 101 passengers and was carrying more than 260 when it capsized in lake vittoria thursd

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