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Welcome to the pulse live from bloombergs European Headquarters in london. I am Francine Lacqua. Guy johnson is off today. Thats get straight to my big interview with philip green, the owner of top shop which has hundreds of stores around the world. Now he wants to expand the brand even further. The Biggest InternationalFlagship Store in new york city. When we put our flag down in the middle of 5th avenue, there is no leaving. It is a commitment. We have to get it right. Our flag store bills Flagship Stores, we try to do something unique. It will probably be slightly more difficult. There are certain things we are not allowed to do. You move a light bulb and they want to come and see you. And we ....
On private sector jobs growth from the adb, treasury stumbling, the ten year yield hitting 75 earlier, waiting with the fed minutes at 2 00 eastern. A lot of expectations, this is sending stocks lower today. What is your take on this . If you look at the big picture it reminds me of americas funniest videos, wobbling on a high school the fed took the training wheels off of. Bond market reacted accordingly with strength of the u. S. Economic conditions, the stock market, we have fear in the market is indicated by the vix, trading up today, but those numbers are positive and for the longterm investor you should be buying when stocks go on sale like they did today. Lori thank you so much. Dennis oil is also selling off after the weekly inventory report hit its lowest level in five weeks. What is up . The bottom line is despite the drawdown in crude oil supplies we got hit with a massive increase in gasoline supplies, refiners are running like crazy, taking the advantage of cheap crude, tu ....
today, and, welcome back. thank you, becky. you re absolutely right. the fed s board of governors will be holding an open meeting of basel iii. this would avoid another financial crisis. the question, will the rules end too big to fail and if they hurt profits and the economy? we ll give you complete coverage of all of that in today s fed event. i ll send it back to you, joe. good to see you. andrew, good to see you. is that on that s on the record. that s definitely on the record. what s on the record in. your little i was just in aspen at the festival, all on the record. i think you can go online. maria was there thursday and friday as well. all out and about. did you unlike some of the other things we talked about over the years. you solved did every societal issue and problem get solved? solved by the elite? yes. the ideas can be put through government and executed by the elite government officials that we have elected and the bureaucracy ....