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efficient, and i think that should be at the forefront of agenda. what would you like to see come out of this specifically? what are some of the signals that you ll be keeping an eye out for from a high-tech sector standpoint speak with first and foremost i agree with all the panelists of our who said it s a sign that this is happening, a good sign in terms of the least pay, stability of the relationship i think that s very important that we see a strong message of stability. i think the other thing around some tangible cooperation areas with specific metrics and next steps on what s going to happen. i think that needs to be at least published on timelines of windows next steps are going to happen. again, i am biased but i think technology should be a cross every one of those things. allowing broader access, you should be things around access to cheaper broadband building out the highways, the digital highways in brazil. i think it s fundamental for anything that happ ....
yesterday after those minutes from the federal reserve. you can see the euro-dollar pretty much unchanged, off 0.1%. let s look at how european stocks are doing following the recession lower. the stoxx 600 off by 0.6%. european stocks set for there were drop in more than a month. thanks underperforming. part of that down to the minutes we got from the fed, signals that the federal reserve may look at shrinking the central banks balance sheet. also, about equity prices being high. you are seeing a weaker dollar, stronger yen. if you look at the bloomberg dollar index, we seeing that recover a little bit. it is ever so slightly higher. euro-dollar, we are also closely watching after comments from ecb president mario draghi. 1.0646.lar at the bund yield one basis point number as well. now let s get the bloomberg first word news. saidtian: president trump an apparent poison gas attack in syria which killed more than 70 people has changed his thinking on the civil war. he ca ....
first off, your reaction when you heard about jamie dimon s throat cancer? betty, i am a human being too, so we are all aware this type of thing could happen. it is horrible, i wish the best, and i hope he requires recovers quickly. as he was saying, it was detected early, it is curable, and he will be working throughout. there are questions about who will succeed him, and he noted they have succession plans for the immediate future, in three years, and in five years. had thisst time we conversation about succession at jpmorgan was one jamie dimon was president obama s favorite banker and people were thinking he might be the next treasury secretary at some point. stated, and aons successor was, sort of, anointed, and of course, that discussion faded and that person eventually left jpmorgan. now, once again we are in this discussion, and people are talking about the head of asset management, and gordon smith, who runs the commercial management, and of course, the coo ....
foundation discussed the study s findings. this is an hour and 15 minutes. hello and welcome to new america. i m the managing editor at new america which means i edit the digital weekly magazine. i m here here to welcome me to this event. the obama administration and the press surveillance post-9/11 america. if you haven t had a chance to see this report which i have you may want to rename the group that to protect sources say those of us who have done the job of investigative reporting the sources are our lifeblood and if they come to the sources we had better. i m also familiar with the court cases against sources. it s a bleak picture of to and including u.s. attorney in chicago who was the hero pat fitzgerald. they put a lot of guys away who were investigating but when it came to blankly asserted that journalists who get leaked information is our witnesses to a crime which puts us in the crosshairs. thanks for coming here it is a great report and if you haven ....
we now have about $1.4 trillion in mortgages on their own balance sheet. making the fed as i previously said the world s largest savings and loan. the fed s goal is to push house prices higher, and in my view, they have no overachieved. i want to look at house prices in a much longer perspective. i hope you can see some of his chart. this is a 60 year history that goes from 1953-2015. it s a slight of the consumer price index versus average u.s. house prices, both indexed to 1953 equal 100. what you can immediately see if you can t read numbers is that there is an extremely strong correlation and mean reversion of house prices to general inflation, which makes sense if you think about it. obviously, with the bubble we went far off that underlying trend, and then with a shriveled house prices came right back. if you can look over on the right hand side they came right back and touched the trend but now have boun ....