Speaker 1: Bloomberg Audio Studios, podcasts, radio news.
Speaker 2: The single best idea on a Friday that I thought
Speaker 2: would be, you know, busy and all that. Not. This
Speaker 2: was an absolutely insane new slow including starting out of
Speaker 2: the coverage of a derivative collapse in the United Kingdom.
Speaker 2: I'll get to that in a moment with our wonderful
Speaker 2: reporter Christopher Veron came in today from stratigas really important
Speaker 2: discussion of the trends in place in the market. He
Speaker 2: was remarkably optimistic and looked at Catharsis in software here
Speaker 2: Christopher Verone on equities.
Speaker 3: So I think that trend that began really in late
Speaker 3: twenty twenty four continues here, and it continues in a
Speaker 3: very big way. If you look at US marketcap as
Speaker 3: a share of global market cap, that peaked in the
Speaker 3: fourth quarter of twenty four, So we're almost eighteen months
Speaker 3: into this transition. Put aside the dollar considerations form moment,
Speaker 3: and just look in the month of February, you have
Speaker 3: new highs in almost every global market. Where do you
Speaker 3: not have a new high? Triple q's SMP right. The
Speaker 3: price action is telling you the character of the global
Speaker 3: leadership has changed.
Speaker 2: Chrisopheron as tritigue is there, just piercing conversation. We'll do
Speaker 2: much more st contiguous here and a company week stand
Speaker 2: Clifton just expert on Washington policy. So here's the way
Speaker 2: it works. People like me synthesize in I mean, I
Speaker 2: don't have a real job. We all understand that. But
Speaker 2: we have people here doing grunt reporting, like I'm talking serious,
Speaker 2: serious investigative reporting. Our team at Queen Victoria Street in
Speaker 2: London has reported on a tobaccle in the derivatives market
Speaker 2: called MFS, which is much like what we saw a
Speaker 2: number of months ago, quarters ago here in America. Leading
Speaker 2: our coverage Constantine Concorus, Bluebird News London.
Speaker 4: You know, the examples are adding up, right, first Brands,
Speaker 4: Trickle Ore now this right, So I feel that we're
Speaker 4: in the point in the cucle where, yeah, fraud is
Speaker 4: surfacing to the top and people kind of push into
Speaker 4: corners of finance to get that extra return. And it's
Speaker 4: probably and hindsight looks like a bad idea.
Speaker 2: Oh it sounds familiar. We will have much more on
Speaker 2: this in the coming hours, days and weeks on podcasts.
Speaker 2: We're on an Apple AT's Spotify on YouTube podcasts. It's
Speaker 2: single best idea