Speaker 1: Bloomberg Audio Studios, podcasts, radio news single Best Idea quickly
Speaker 1: did a huge news flow, including the testimony of Kevin Worrish.
Speaker 1: Will have much more coverage on that tomorrow as well.
Speaker 1: Alexis Crowen from PwC and I talked to her late
Speaker 1: on the interview. I just asked her about the right
Speaker 1: and her United Kingdom.
Speaker 2: What does that look like we've talked about this in
Speaker 2: the past, is that.
Speaker 1: She's looked at it serious.
Speaker 2: But does that mean, you know, an acceleration of the
Speaker 2: foundations and the institutions and questioning institutional integrity. I mean,
Speaker 2: I think that's that's one question mark. The other thing
Speaker 2: that we should think about is the rise of the
Speaker 2: right is not your dad's GOP. The rise of the
Speaker 2: right is not traditional obviously less fair free markets, and
Speaker 2: so what we work with our clients to think about
Speaker 2: is where can the government actually intervene, even if you've
Speaker 2: been supportive of a government into your business and how
Speaker 2: does your share price take a tumble off the back
Speaker 2: of that.
Speaker 1: Alexis crow of PWICE there I featured in that interview.
Speaker 1: I think it was the green Book of the recent
Speaker 1: meetings that Alexis crow attended in Washington of the IMF
Speaker 1: and the World Bank. For the nerds out there, go
Speaker 1: look for the PDF file of the Global Stability Report
Speaker 1: of the IMF. It is the single best informed document
Speaker 1: on financial stability. It is put together by Tobias Adrian
Speaker 1: and his team at the IMF. And it's really PhD level, folks,
Speaker 1: full disclosure, really sophisticated, really good charts. Not so much algebra,
Speaker 1: but just a lot of depth of charts. It is phenomenal.
Speaker 1: I look at it cover to cover. It's the green
Speaker 1: book of the IMF meetings. Edwardlow in studio today and
Speaker 1: from San Francisco. And of course the news is on Apple.
Speaker 1: Here is from Bloomberg Tech ed Ludlow.
Speaker 3: The Tim cook eral legacy is defined by operational excellence.
Speaker 3: And so this morning I went through the Bloomberg terminal
Speaker 3: and looked at how last year played out. From a
Speaker 3: tarist's perspective, Right, we're all gonna die, so but not Apple.
Speaker 3: And so it starts. Remember their fiscal quarters don't line
Speaker 3: up with the calendar, but it starts with no impact.
Speaker 3: We optimize supply chain, we managed inventory. Then remember this
Speaker 3: is a company that's doing you know, like tens and
Speaker 3: tens of billions of dollars a quarter. The impact goes
Speaker 3: from eight hundred million to nine hundred million to one
Speaker 3: billion of impact. But think about the volume of business
Speaker 3: they're doing. They really mitigated against it, and that is
Speaker 3: like what Tim Cook is good at. With the breaking
Speaker 3: news of the last twenty four hours, everyone's been saying
Speaker 3: this is all about Tim Cook as CEO twenty eleven,
Speaker 3: taking over from Steve Jobs, I would just say, remember team.
Speaker 3: Tim Cook joined Apple in ninety ninety eight, having been
Speaker 3: at IBM as that was growing into a global juggernaut,
Speaker 3: having been at all these other electronics companies in operations.
Speaker 3: He had a long career Apple, starting COO two thousand
Speaker 3: and five before he was CEO, and so his footprint
Speaker 3: in DNA is really within the fabric at that company.
Speaker 1: Caroline Hide and Ed Ludlow Bloomberg Tech, they have much
Speaker 1: more on this transition at an American institution. We're on podcasts,
Speaker 1: We're on Apple podcasts, Spotify at YouTube podcasts as well.
Speaker 1: It's single best idea