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Couple old friends along with 1 million other acquaintances. Weikel and i go way back. Lets start out talking about, you are an art history major at princeton and you go to wall street and do really well. You could have been rich. You could have your own plane at this point. Instead you went into the book business. Tell us how that plays out. Guest joel and i were classmates in college. It was an accident. He thought it would be good, they didnt know we knew each other. This is an opportunity for joel to express all the resentments he feels. This is the undoing of joel and michael. The fact so the question is why i quit wall street. I didnt know i knew what i wanted to do with my life in college. You wanted to be there. When i got out i didnt have any plans. It didnt occur to me partly because of how i grew up. I grew up in new orleans. It didnt occur to me that i would have to. Hence our history. It was a place for careers to die but it was a great place to study and i loved it. When ....
We have quite a lot going on in the markets. We are getting breaking news out of china. Reserves are little bit above estimates, but in mind what what we were expecting. But in line with what we were expecting. Onto your markets. The turkish lira. A Senior Member of the Catalan Party calls for dialogue with spain. Lets get straight to the bloomberg first word news. Heres sebastian salek. Sebastian a senior republican senator has said Donald Trumps reckless threats towards other countries could set the nation on the path to world war iii. President treats it often like a reality show. His support will be critical to the president on tax reform. After a massive rally in barcelona over the weekend, a the catalanr of Administration Calls for dialogue with madrid. The ....
Set back from the brink, putting independence on hold and calling for negotiations with madrid. Betty we hear often, what are the black swans out there . Perhaps a few months ago you would not have heard catalonia who would have thought this . We have seen Market Reaction in europe in particular to the further independence moves by catalonia. Spain saying this is deferred independence we are facing. I want to show a quick chart to show so far how isolated this is. It looks like it could possibly spread. 99, the white line showing you that point where we started to see more and more about the independence referendum. Falling, dramatically diverging with the euro stoxx 600 index. That gap looks to widen as we see a bigger and bigger rift between catalonia and the madrid government. Yvonne seems they are still delaying this independence push. Country, the politics and economics side of things, threatening a key economic region for s ....
Word that is very important to spanish roots. Megan it is important to spanish roots but talked about something that is global right now, and that is the decline in connection that we have come a , a common spirit, a common purpose. That is the word used in spain. What we are talking about is the conflict in spain, Catalonian Independence and what amazing shock factor and a Ripple Effect as that battle continues to rage on. It is also a global phenomenon, we are seeing the rise of populism in many parts, particularly western democracy. Are we seeing the disruption and dismantling of the bonds that have kept us together in a unified human endeavor, unified human spirit and purpose . Carol we were embracing of the now we arences, but pushing back. Megan exactly. And now, instead of becoming a melting pot or a place where we can bring differences and still be in support ....