Infrastructure. So i cant be evaluated until they do that in general. His approach is to lay out 200 billion over ten years in public money as a lever to try to get private sector money investment through tax credits, also get state and local money and democrats are likely to resist that kind of a instructionture of a plan, which makes it propmatic a because a lot of republicans arent that enthusiastic, theyre looking to cut the debt, so this is something thats as you indicated, overshadowed all week by the attention on first terrorism and the lond attacon s and the fight with the mayor then. Then the james comey temperaturtemperaturstimony, thats really blowing out of the Water Infrastructure week. Thank you very much in the nations capitol. One of the reasons we were so interest ed in hear frg the president today, wondering if he would make any Public Comments from the testimony yesterday. The president choosing at this point not soto do so, other thap in an Early Morning tweet in wh
Welcome to bloomberg daybreak europe, our flagship morning show in london. Im manus cranny. Breaking news coming in across the bloomberg, this time in regards to you. It is on the path to try to take over huntsman, and we have an activist investor which in part is run by keith meister. Iny have taken a 5. 13 baked , if you wonder about activism, this is the personification of it again. Clarion has noted the investment from cortex, they say that they have had regular contact and they are open to dialogue along with all other investors. This is an acknowledgment in regards to that investment, that morph than 5 holding. They say they are and regulatory discussion. Happy fourth of july. If you are having a late summer, good morning. Have a look at this, have we finally capitulated on the dollar, or have we over arched . I am talking about the hedge funds. They have decided that it is finally time. Arenet short positions negative, this is the First Time Since may,m this 2016. The bloomberg
Corvex management having a 400 million stake in the french food company. Good morning it is tuesday. Once again, European Equity markets are heading higher that said we dont have all the equity markets open today. Volumes will be lower than usual given that there is a Public Holiday in the places like india, poland, greece. The xetra dax is what were showing. Its up by 0. 25 so were still benefiting from this return to equities, this return to risk after we are trying to forget about the risk aversion that happened last week given the events between north korea and the u. S. Lets look at the european markets one by one the ftse 100 is up by 0. 1 the cac 40 is up by 0. 2 danone is a factor well get to that story in a bit. First, lets focus in on the big news out of washington and the u. S. Yesterday intels Brian Krzanich and kevin plank are the latest ceos to step down from President Trumps ceo council. This after the president failed to single out white nationalists for violence over t
Trumps campaign taking a vastly new direction, thiel is still in. Yeah, its also a bit puzzling. Its pretty late to give this amount of money, and it seems like, you know, the polls are bad for trump, so its strange that hes giving it now when things dont look good. You would wonder why he hadnt given money earlier when it might have had more effect. Im not sure what the point is, other than sort of there were some questions the last couple weeks whether he was still allin with trump. Some reporters had asked him and he hadnt really answered, so this sort of answers that question, but beyond sort of signaling hes still with trump, im not sure what the actual purpose is. Farhad, for someone whose estimated net worth is 2. 7 billion, what is the amount itself say to you . Because other Trump Supporters have given vastly larger amounts towards a campaign, and im just wondering if you think this is him putting his money where his mouth is, or if this is basically doing as little as possibl
Get into my car and, brian, i need a few more days until we get ready for this days power lunch. We dont have the luxury. Welcome, everybody. Power lunch sails on at 1 00 p. M. Eastern every day. Im tyler mathisen. Stocks lower now, but holding steady, off about 42 points on the dow. Four, almost five for the nasdaq. And 3. 75 for the s p 500. Energy, the worst performing sector. Telecom and utilities at the top of the charts right now. Earnings the big focus this week. It is a big week of them for investors, ton of big names set to report. And two at sort of either end of the technology spectrum. Netflix, video, obvious, new media, and ibm, old tech. Theyre out after the bell today. Check out those stocks ahead of the numbers. Netflix down about 1. 5 . Ibm, basically flat. Seema . Hello, tyler. Im seema mody. Here is what else is happening at this hour. Americans hitting the road, the Transportation Department says motorists logged 285 million miles on u. S. Roads in august. Thats the