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You but good evening everyone. [laughter] welcome to tonights lecture on one of this countrys most noted perhaps, though many will say noted for the wrong reasons. For generations the name Benedict Arnold has elicited a oneword description for most americans. Traitor. Perhaps we are wrong. Or perhaps partly wrong. Tonight, we will hear the rest of the story. It is a special pleasure to recognize the sponsor of tonights program, she and her husband have been the foremost supporters since the very beginning. It is in fact no exaggeration to say that the program it would not exist as we know it today without the extreme generosity of the chappell family. We are delighted that mary lou and john have joined us from philadelphia as it gives us the opportunity to express our deep appreciation for all that they have done for our program, not just tonight in particular but every night. John and mary lou, will you stand please . [applause] ....
They said several would be limited because of uncertainty the risk of a hard brexit had receded. Overall they said the risk of recession had fallen but they added uncertainties remain, including those posed by the coronavirus. They said, quote, the threat of the coronavirus in addition to its human toll had emerged as a new risk to the Global Growth outlook that warranted close watching you heard other fed officials talk about this since that meeting. Now, also importantly, several fed officials saw elevated levels of equities, corporate debt and commercial real estate valuations they noted the high levels of corporate debt and weak underwriting and worried about Bank Dividend payments, reducing capital by the banks, it was noted that levels are high and they debated whether low Interest Rates created financial risks. New ....
It is clear that the first would be stronger than the second half. It will be tough in 2020, to be honest. The focus is to make this next three quarters count. Kailey a major merger in telecom gets approved. It was an unusual decision. Kailey democrats unite sen. Sanders we are going to unite together. Kailey a Cabinet Reshuffle in the u. K. Takes a startling turn. Not someone walking out on the job. Kailey an exit interview with the outgoing Credit Suisse ceo tidjane thiam. Tidjane the true legacy comes after we leave. Kailey it is all straight ahead on bloomberg best. Hello and welcome. I am kailey leinz, and this is bloomberg best. Your weekly review of the most important Business News, analysis, and interviews from Bloomberg Television around the world. L ....