Stay updated with breaking news from Blackrock. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
city s decision to take down monuments honoring key figures of the confederacy. supporters filed a lawsuit blocking one statue s removal. the city has dismantled one monument, with three more on the hit list. global news 24 hours a day powered by more than 2600 journalists and analysts in over 120 countries. i am mark crumpton. this is bloomberg. julia: live from bloomberg world headquarters in new york, i am julie chatterley. scarlet: i m scarlet fu. joe: i m joe weisenthal. we are 30 minutes from the close of trading in the u.s. stocks trading near record highs and the vix heading for the lowest close in a decade. joe: but the question is, what d you miss? scarlet: landslide victory for new french president emmanuel macron, but can he get a parliamentary majority in june? cap president trump get anything done with the pipeline of legislation on the calendar? and frustrating trades david einhorn ratcheting up the rhetoric on 2 auto names. we will explain why. let s ....
position for this party in parliament. early polls suggesting in march could just about fall short. and for the third dime, akzo rejecting a bid from ppg, lower hostile bid could lose. well, a very interesting guest on squawk box, saying the shares on the market, there was a real expectation from the markets actually indeed after mr. trump as well. and indeed after the selections on the outside. with trading and elections these days, even if you get the result right, you might get the trading result wrong. it s been very difficult to trade. you see even on the margin much stronger than anyone anticipated for macron. that made a difference for the per spception here in france. the european stock markets, they ve actually turned negative, after initially opening higher. following a strong set across the board. for positions, people just wanting to lowering their positions as well. bank, banks are amongst the biggest decliners. you look at this. stocks trading lo ....
1st. is that what the date was? the fear gauge hitting the lowest level in more than two decades. the volatility index closing yesterday at 9.77, the lowest level since december of 1993. i can t imagine that s not a place where you would buy. though normal stocks that hit new lows what do they do? hit more new lows. stocks that hit new highs, hit more new highs. it can only go $9 more lower. yeah. this only happened five times ever. having always thought in a contrarian way that complacency and when people get participants get bullish, you worry. call ratios, you worry. percentage of investment services. if it s that complacent i admit, okay, it s not going to be le pen, but the world at this point, there s nothing that we re not thinking about that could happen that could throw us for a little bit? it scares me. the flip side is if premiums are so low, you can buy insurance and remain long or replace your stock with calls. there are different ways to us ....
will the rising tide help other stocked. the overhaul now reportedly to be done in stage. and a new echo device likely to be unveiled thor. first up, markets are aiming for new milestones. the nasdaq mitt record highs. as well, briefly surpassing $800 billion in market cap. then there s the vix. some people say it takes you back to 93. jim, our number indicate 2006, but it doesn t fall below ten very often. remember there s a correlation that s actually not that negative. you should have this in a bull market. warren buffett says just keep contributing to your 401(k). i m not saying that s complacent. i m saying that s the way people save, and you may say, well, they shouldn t save like that and they have forgotten how much you can lose, but warren buffett would say how much did you lose? you didn t lose anything even during the great recession. i think there s a level november the complacency, but a recognition this is how you invest, because we don t have any ....
films helping in chains, but could summer hit ticket sales? well, i just believe it or not, i went to a movie sunday night. i saw guardians of the galaxy. did you like it? loved it. did you like the first one? you know what? i don t remember it. i don t remember it. this one i remember. i saw furious 8, the fate. we have so much to talk about with bob iger, a live interview with the ceo, first on cnbc before speaking to analysts. now you can take the graphic down. so much speculation about his presidential ambitions too, these days, much to discuss with him. beginning, though, with goldman sachs, ceo lloyd blankfein s statements made in the last hour, and we sat down with mr. blankfein to talk about the financial sector. this is what they talked about. do you think the u.s. banking sector is over at the moment? i do. i do. look, we had a very the system had a very, very big trauma, and we legislated very quickly. there was a lot of demand f ....