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President trump is headed to battle creek, michigan, where he will host a campaign rally. An opportunity for the president to give his critique and assessment of that impeachment vote. Herd he already gave critique yesterday in a letter to nancy pelosi. What is the reaction on capitol hill to the president going after the speaker strongly . Erik to be candid kevin to be candid, it is business as usual. Both camps are docked in. I had one senior are dug in. I had one senior aide say we started this process with the expectation Speaker Pelosi would impeach the president by the end of the year and he would be acquitted in the senate. So far, that is where we are. Thanks to Kevin Cirilli reporting from the white house. We turn to Brooke Sutherland topping about fedex. Last june you said they fell out of a basement window. ....
Silence. Bloomberg will be covering those events through the morning. Alix 18 years. In the markets, you have seen the s p hold steady, but the churn beneath it has been quite staggering. A huge, unbelievable shift, added momentum into value since value weeen into have seen since 2009. Youre seeing some buying in the bond market. Yields down by about two basis points. Over in europe, couldnt decide on a bond bear or bull day. Time now for the global exchange, where we bring you the market moving news from around the world. Joining us are bloombergs enda curran in hong kong, in london, emma chandra, and Michael Mckee joins us in new york. The Hong Kong Exchange made an unprecedented 36. 6 billion offer for the london talk exchange. Bloomberg london Stock Exchange. Bloombergs enda curran has more. Enda obviously this is ....
Because you take the best and brightest out of these countries and keep them here in the u. S. , then where does that leave them back home . Thats a counterdevelopment strategy. So in the short run remittances are a plus. They diminish over time as immigrants have been here more than ten years. Their remittances drop off. Probably because their parents back home have died at that point and so they have les sip yents at home. What about the brain drain . That would be a negative for foreign development. Theres been some study between western europe and eastern europe. Theres a brain drain in the way youre talking about but theres also the return migration and people bring new skills back to the countries at least potentially depending on what the country is. We know it promotes trade because they have trade connections. The trade potentially. Theres no doubt what youre saying is the case, that this is by far the biggest source of foreign aid if you want to keep it that way, these remitt ....