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BLOOMBERG Bloomberg Markets Balance Of Power July 14, 2024

Entire libre system. I understand you will be distributing runtime executable and things like that so that all of that has to be bulletproof for cybersecurity. I was wondering how you would deal with the governance of that . Mr. Marcus two ways. We agree with you that this is of absolute importance. The way we are dealing with that is the language you are referencing will have formal verification in place to avoid issues. To the extent there are no compiler problems. Mr. Marcus the compiler will not execute the code is the code is not formally verified, and we have a chance of having david dill, who is a professor from stanford in formal verification helping us with this issue. The other thing i want to say is the association will not have guidelines on what thirdparty code will be published or not. At the very early stages, it will be very limited to a set of templates that will avoid the issues you are raising. It will be an ongoing target because if the libra is taken to scale, it w ....

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BLOOMBERG Bloomberg Markets European Close July 14, 2024

Few years, is leaving the business. Apple is trading down by. 8 . I want to take you to the gmm function to see what the big movers have been. Down under, australia and new zealand are doing well. Equity outperformance has been a feature, strong markets in the bond market. But equities have underperformed, and that is worth paying attention to. We will see some rebalancing coming in. To give you an idea of the risk narrative, we have this weird market were equities and bonds have gone up, and the yen has gone up. The british pound, not so much, down by 2. 36 . The front end of the u. S. Curve, something that has been factoring in what has been going on with the fed, bullying the fed and pushing it into maybe some of those big cuts the market is anticipating. Lets get back to Deutsche Bank. Reports out that Deutsche Bank is preparing to cut as much as half its
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BLOOMBERG Bloomberg Markets Balance Of Power July 14, 2024

Numbers. Consumers are showing up and helping. The markets are counting on the fed cutting. Yelena the fed told us they want to see the whites of the eyes and chair powell said it is too premature. I think of the economy will hold up just fine, that is what we see in the data you just mentioned. Consumer spending is showing us it is ok. Then we are seeing the fed will remain on hold. Having said that, i think it will be markets that will determine what happens next. We do expect a couple of cuts at the december meeting. We will have to wait to see that. Marketsket david are waiting with bated breath. Lets go down to miami with tyler. We have had round two of the first debate. What is the update on what happened last night and wednesday as well . That the takeaway is Kamala Harris had a breakout moment, finding her voice in her criticism of former Vice President joe biden, atta ....

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BLOOMBERG Bloomberg Markets European Close July 14, 2024

They see an increase in the price of steel thanks to tariffs , so conagra is not doing well today. Down 2. 1 . There is a takeover attempt. It is being bought primarily for some of its features. Guy . Guy g20 leaders meeting in osaka this weekend. We seen the chinese president arrive in the u. S. President arrive. Investors watching for the outcome of the bilateral discussion between these two gentlemen, in particular whether or not we are going to make progress when it comes to the trade war. We are joined now by Neil Ferguson, senior fellow at the hoover institution. Good afternoon. What is your expectation for what is going to come out of this meeting . Neil i dont think a great deal is going to come out of it because i dont really see that either of the two leaders, trump and xi, have a strong incentive to make concessions. Trump i think senses that the chinese are on the back foot, that he has the upper hand here. Hes playing ....

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CSPAN Washington Journal Greg Stohr July 7, 2024

app. washington journal continues. host: greg stohr is with us. he is the supreme court reporter for bloomberg here to talk about the future of roe v. wade in the wake of the leaked draft. when you heard the news of that leak and saw that draft decision come out, what were your initial thoughts? i was driving so my initial thought was that i better pull over or i might hit somebody. it was stunning in many ways. nothing like this has ever happened in my time in the court. for leaked draft to come out. the result of it perhaps wasn t that surprising given the way the argument went. it was certainly a possibility that the court might say we are going to overturn roe v. wade. the fact that it came out like this was stunning. host: in terms of covering the court, it s a very insular institution. you don t get to talk to the justices. for information to come out like this, it s never really happened before. we have seen a few examples in recent years about the deliberati ....

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