Speaker 1: Bloomberg Audio Studios, Podcasts, radio News, single best idea, What
Speaker 1: a great day. We're two days deep into September, back
Speaker 1: to school and all that. Just great conversations. Thank you
Speaker 1: to Lucas Shaw who came in from LA. Greatly appreciate
Speaker 1: his effort. He has a huge conference coming up for
Speaker 1: Bloomberg and Los Angeles here in a couple of weeks.
Speaker 1: Just really good about the spirit of all the entertainment
Speaker 1: and all that. A lot of other good conversations. John
Speaker 1: Bilton of JP Morgan just brilliant on bonds this morning
Speaker 1: we started strong Way Lee of Blackrock with us. Here
Speaker 1: is Way Lee on the political rallies of a bond selloff.
Speaker 2: Well, UK seems specific, but the challenge did they face
Speaker 2: is not specific to the UK. UK is perhaps more
Speaker 2: emblematic and more pronounced. But the bigger picture is this
Speaker 2: is a tougher tradeoff environment facing the government and facing
Speaker 2: central banks. The government is facing a tougher trade off
Speaker 2: between fiscal discipline and also the need to spend more
Speaker 2: to boost growth, and a central bank is facing a
Speaker 2: tougher trade off between supporting growth and managing price stability
Speaker 2: and inflation. So in this world shaped by a supply
Speaker 2: constraint because of mega forces. We've talked a lot about them.
Speaker 2: Tougher tradeoff is really characterizing the UK in particular, but
Speaker 2: across the major economies.
Speaker 1: WELLI a black rock. What did you want to have?
Speaker 1: Mark German and with us today For those that are
Speaker 1: not in the no, he is the Apple reporter. Mark
Speaker 1: German is based out of la with Lucashaw. Mister German,
Speaker 1: think the story you'll see that today or tomorrow driving
Speaker 1: the Apple AI tobacco forward. Here is Mark German. Brutal
Speaker 1: and the AI miss at Apple.
Speaker 3: It is a miss and they screwed up terribly and
Speaker 3: they missed the boat. The newest and most core technology
Speaker 3: of this generation. They were at the forefront of mobile,
Speaker 3: they were at the forefront of tablets, obviously, they're the
Speaker 3: forefront of smart watches, the forefront of Bluetooth earbuds.
Speaker 1: What would Steve Jobs do right now? I was supposed
Speaker 1: to go out to Coopertino them all years ago, meet him.
Speaker 1: I didn't. What would Jobs do right now?
Speaker 3: I have no idea what Jobs would do? I mean,
Speaker 3: he would probably be going crazy. I mean, there's the
Speaker 3: famous story when they launched their cloud service fifteen years ago,
Speaker 3: he fired a bunch of people in charge. He went
Speaker 3: wild and he whipped it into shape and they launched
Speaker 3: iCloud and it's not a game changer, but it's pretty
Speaker 3: good compared to what they had before then. So I
Speaker 3: think he'd be losing his mind.
Speaker 1: Great perspective from Mark German. I can't say enough about
Speaker 1: the impact of Bloomberg News is Mark German on the
Speaker 1: World of Technology on podcasts on Apple and Spotify on
Speaker 1: YouTube podcasts, It's single best idea s