5The David Rubenstein Show, Peer to Peer Conversations
The David Rubenstein Show, Peer to Peer Conversations : BLOOMBERG : September 2, 2017 11:30pm-12:00am EDT
well for itself in recent years. ♪ ashlee: its mines have churned out natural resources that china has welcomed with open wallets. there is the whole ugg boot thing, and the local soap operas have kept the rest of the world well-stocked with attractive entertainment. as for tech, it remains a mixed story. meow meow, for example, has decided to form a startup in san francisco because it proved easier to raise money there. that said, australia still teems with well-educated and motivated engineers, coders, and scientists. there are plenty of success stories now for these youngsters to follow. there is also an undeniable urge for australians to make a go of it at home and prove what they are capable of. and if you fail, the worst thing that can happen is that you end up here looking for another dash of courage in a beer. ♪ ashlee: coming up next on "hello world", i head to england to learn about the start of the computing revolution. >> greetings to everyone watching "hello world." ashlee: and to get all gussied up with the world's most advanced hairdryer. ♪ ♪ yousef: welcome to thi
The David Rubenstein Show, Peer to Peer Conversations : BLOOMBERG : April 19, 2017 9:00pm-9:31pm EDT
days of declines. it's really the small caps we are watching for because the china index is a pretty good indicator of sentiment and is nearing a nine-month low. rishaad: oil price move overnight, something in the recovery taking place. the dow on two-month lows. china, lows wein haven't seen also for three months. it's about the open. sophie: it's a crucial open for stocks in china. this is its worst streak so far this year. as you pointed out earlier in the show, this benchmark has not fallen more than 1% so far this year. when you look at the bigger context, there seems to be some support from regulators to get their pledge to make sure they clamp down on activity. we do have stocks in hong kong managing to snap a three-day drop, up about a 10th of 1%.
with tapering? trade figures out of china in the next couple of hours. looking also at trade numbers out of australia. haidi: that's right. hopefully they aren't as gloomy as the weather behind me. seen putting us to shame here in sydney. we are waiting for the trade numbers on the back of a moderate surprised when it comes to that gdp print yesterday. take a look at this chart. scratching ourn heads as to why the aussie dollar has been so resilient. a couple of analysts suggesting further downside when it comes to the aussie. a chart showing yield premiums continue to narrow while the aussie dollar since around that 75 level. we will take a look at the latest trade numbers. >> trade figures worse than expected for april, $.5 billion surplus.
of-- well, china, which is still growing at around 6 percent. and economically in europe, with growth around 1.5 percent. the world is in a period of recovery. and i just think that the... those who thought we were facing an imminent recession were not taking into account the fundamentals. just the-- the economic driver in the world is the u.s. economy. you're the ceo of one of the best-known wall street firms in the country, in the world, so why do you think the image of wall street firms is not so great in the country? well, first, i have to say coming into this room, i got a round of applause, which i appreciate. okay. [audience laughs] because i will go anywhere for a round of applause these days. you know, it's-- it-- the facts are that, um... absent the great depression, the great recession that we all went through, wall street had a large part to do with it, if not the major part to do with it. and a lot of the synthetic-type products that were created that gave rise to putting a level of risk in the financial system that turned out to be systemic risk, that led to massive fail
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