And then the counter intuitive ones that took us all by surprise the dow did 205 and nasdaq lost 1. 27 . Its important to go over the companies that shocked this year with the outperformance and those that continue to shock want obvious winners are, well, obvious. People are hanging out at facebook as theyre ordering from amazon, search on google. And it didnt take a chance to figure out that the shut down would force people to use the internet if i werent jimmy chill in real life, i would be jealous of the titans even though the ceos are about to be drawn in court on the house judiciary subcommittee im torn because the Big Tech Companies their platforms arguably have too much market power. No kidding they got it by being good at what they do thats captaitalism. Theyve done better job responding to the pandemic than the government but forget the obvious covid winners. I want to talk about the big surprise the things people are doing when you cant go to the movies or ball game or ship y
March and early april. How is it in london and the United Kingdom . Is the same tension there . Francine attention remains around the world but i think if politiciandoner, a in the u. K. , france, and spain, look at states that reopened may be more quickly than others, maybe without the same precautions than others, to try to give you a sense of what you should be doing. In london, if you look at our rate of infection, still below 1. Boris johnson this week said bars could reopen july 4. We will see as the number of cases around the world increase, exactly if consumers will go out and spend like the Prime Minister has asked them to. Return one has done the to sport like english premier football. It has been extraordinary. Their distinctive from the disaster that is american sports. Speaking of that, jason kelly in february began a project in speaking to the basketball star lebron james. Little did mr. Kelly know that this would be an extraordinary moment for bloomberg and also the spea
Excited. All right. Hi, everybody and good evening thanks for joining us on a busy thursday all that ahead but we have to start with the top story because 2020 is looking like 2019 mor new records. The s p dow and nasdaq all posting alltime highs but there are a couple of big events that could change things up in the coming days beginning with the big jobs number tomorrow the expected signing of the phase 1 trade deal next week now iran has calmed but not gone and everyone seems to be, guy, wondering about the fed. How should investors be getting ready for this the macrosetup with the market that just cant be held down. Ive said it for a while, i definitely made this more complicated than it has to be. Its interesting, the knock against bitcoin its created the out of thin air. Thats exactly with the Federal Reserve has been doing since september. Creating liquidity out of thin air and thats justing the market north of 400 billion over the last three and a half months by april the Balan
Guy johnson in london. Lets get the first word news. China is on a mission to create an Aircraft Carriersized investment bank. They are opening up 45 trillion financial industry would also wants to beef up its own players to go toe to tell giants. At the moment chinas brokers dont have much of an international presence. Adding together the 131 brokers have about as many assets as Goldman Sachs by itself. Germany expects the nord stream 2 two gas pipeline to be delayed but it should be completed in the second half of next year. Costs are rising after sanctions u. S. Sanctions on the project. Of japan and south korea are holding their first formal meeting in 15 months amid a longstanding historical dispute that hit trade in the region. It also had a trilateral meeting between the three. Theyve reached International Cooperation on dealing with north korea. 2019 has been a good year for the superrich. Almostrichest man added 17 billion to his wealth this year. Over 11 billion. , bernard,nn
Bloomberg. It is now a little bit more than one year since you were elected. Lets begin with your noisy neighbor to the north. Donald trump. At the moment, mexico has 20,000 National Guard on the border. You have also since taken in 20,000 asylumseekers that come to mexico who would otherwise be in america. Today, secretary of state pompeo said mexico needs to do more. When you look at america, do you see it as an ally or bully . Pres. Obrador he is an ally. We are not betting on politics of force, authoritarianism. We think of the solution to the problems. We do not think the solution to problems should be through coercion. We think of cooperation for development. That is what we are for. It is indispensable to have a Good Relationship with the United States because of friendship, trade, commerce, and geopolitical relations as well. We have 3180 kilometers of order with the United States. If we were in any european country or south american country, perhaps we could have a different t