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Transcripts For BLOOMBERG Bloomberg Daybreak Asia 20171004

Google takes a challenge to apple and amazon. The focus now is on Artificial Intelligence. Kathleen who will be the next fed chair . A story the keeps on giving. 24 hours ago we got news from bloomberg that trump aids that trump aides have given him a short list. Who trump is going to pick, nobody knows. Stan fischer would not say. Heu can get the sense is not in favor of girls for a fed chair. He thinks you have to have flexibility in be able to change very quickly. Whoously, no one will say will get it, but that is what everybody seems to be talking about. Yvonne nevertheless, market see them out. A slow grind this time around. Why we are talking so much about who the fed chair will be on this slow day. Ended 50 up. Nzx 50 up. But pretty much flat on the asx 200. Retail sales for august coming up in the next hour. Aussie continues to be continues to defy buyers. Still above that. 78 handle this morning. Japanese futures ....

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Transcripts For CSPAN3 Monetary Policy 20171017

And if you look at the ones that are either negative, bank of new york, hsbc, they actually slunk. Citi group, they grew it less than the inflation rate. So the regulations have really sort of kept the largest of the institutions from growing where as the regionals kind of grew on pace. The large regionals seem to grow about the same rate as credit in the economy. It kept the biggest shops from growing. Is this a good thing or bad thing . I think it depends who you ask. They would probably think it was a pretty good outcome. Did the constrained economic growth, no matter how hard you try to beat the data i do not think which is correct. I dont think is Data Analysis can cleanly identify which side is right. Now, if we go to the Banking System. Equity is up. The biggest use is deposit funding. What we have here is my living, breathing
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