WEBVTT - Single Best Idea with Tom Keene: Robert Kaplan & Mark Gurman

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<v Speaker 1>Bloomberg Audio Studios, Podcasts, radio news.

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<v Speaker 2>Single, best idea. What a week it's been. It was

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<v Speaker 2>a holiday lengthened work week. It felt like eight days

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<v Speaker 2>a week trying to get through the news flow. Thank you,

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<v Speaker 2>particularly to our Washington team who basically are going twenty

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<v Speaker 2>four to seven covering the first days. I feel like

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<v Speaker 2>it's weeks, but okay, we're four weeks into the second

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<v Speaker 2>Trump administration, and I just want a major shout out

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<v Speaker 2>to everybody, Margaret and everybody down in Washington for all

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<v Speaker 2>that they've done. And of course he'll tiresly be through

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<v Speaker 2>the weekend. We'll have the German elections on Sunday. Maybe

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<v Speaker 2>it's off the US podcast radar, it should not be.

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<v Speaker 2>It's actually a big deal, obviously, depending how it turns out.

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<v Speaker 2>Coverage for that Monday morning. What a joy today to

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<v Speaker 2>speak to Robert Kaplan, vice chairman of Golden Sachs, of

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<v Speaker 2>course always in forever with his Dallas Fed. We talked

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<v Speaker 2>to him, of course about Jerome Powell, Donald Trump and

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<v Speaker 2>FED independence.

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<v Speaker 3>The President can jawbone and pressure and that's not new.

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<v Speaker 3>May be more intense right now, and the Fed will

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<v Speaker 3>do its job and should to try to extent. They

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<v Speaker 3>can't ignore that make decisions only. The biggest threat to

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<v Speaker 3>the FED, I actually think sometimes is not from outside.

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<v Speaker 3>Then you have to be careful as a governor or

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<v Speaker 3>a president. Don't try to say things publicly you think

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<v Speaker 3>might go over better, or worry about the pressure. Just

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<v Speaker 3>do what you think is right. And as long as

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<v Speaker 3>they manage themselves, I think they'll through this in an

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<v Speaker 3>independent way.

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<v Speaker 2>Robert Kaplan of Goldben Sacks and of course formerly with

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<v Speaker 2>the Feeder Reserve Bank of Dallas, what a joy. We

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<v Speaker 2>experimented once with Mark German from LA at five am.

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<v Speaker 2>It was not a successful experiment, So when he's in

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<v Speaker 2>New York it's important. And we were thrilled to have

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<v Speaker 2>Mark German with us today. Can you imagine being in

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<v Speaker 2>his case at University of Michigan and you've got degrees

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<v Speaker 2>and information sciences and you become a journalist and you

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<v Speaker 2>just work every day on sources. He is the definitive

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<v Speaker 2>voice on Apple, and we are privileged that today along

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<v Speaker 2>with the chat on Apple and Tim Cook in the MacBook,

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<v Speaker 2>Mark German with a scoop.

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<v Speaker 4>They moved the MacBook Pro, which is not their most

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<v Speaker 4>popular machine, but a really hot seller and really importance

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<v Speaker 4>what I use. It's what I think a lot of

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<v Speaker 4>people here use, a lot of people in college and

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<v Speaker 4>schools use. They can move that to an annual great cycle.

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<v Speaker 4>Every November, like clockwork, you're getting a new MacBook Pro,

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<v Speaker 4>just like you get a new iPhone every year. So

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<v Speaker 4>that is a really big deal and I think is

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<v Speaker 4>really important. MacBook Air that's the most popular mac okay

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<v Speaker 4>last updated a year ago. Here's a scoop for your show.

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<v Speaker 4>Apple's preparing to put the new MacBook Air M four

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<v Speaker 4>on sale in March, so next month and just a

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<v Speaker 4>few weeks from now. They've started preparations, they've started sending

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<v Speaker 4>materials to their retail stores, they've ramped up production, and

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<v Speaker 4>they're nearly ready to go on the M four thirteen

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<v Speaker 4>inch and fifteen inch MacBook Air, their most popular machine,

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<v Speaker 4>just in a few weeks from now.

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<v Speaker 2>Classic Mark German there looking out to the next thing

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<v Speaker 2>I'm going to need to buy for the keen household. Importantly, folks,

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<v Speaker 2>we had a very serious conversation with Mark German about

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<v Speaker 2>what's rarely talked about in the media. He's been an

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<v Speaker 2>angel on this, which is the chips I don't understand

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<v Speaker 2>really what they do. I can fake it, but I

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<v Speaker 2>really don't know what I'm talking about. Mark German does,

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<v Speaker 2>and he makes clear that the chip technology of Apple

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<v Speaker 2>is the reason they exist and why he is writing

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<v Speaker 2>about them day after day with an optimistic tone. Forward

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<v Speaker 2>on your commute across the Nation on Serious XM on Applecarplay.

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<v Speaker 2>Good Morning ninety two nine FM in Boston, surviving international

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<v Speaker 2>hockey with a Canadian victory. Good Morning eleven three to

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<v Speaker 2>zero in New York. I'm not sure if there's fees

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<v Speaker 2>on congestion tax right now. I'm not sure if it's

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<v Speaker 2>on or off. Good Morning ninety nine one FM in Washington,

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<v Speaker 2>with all that's going on there, talk about Sleepless in Washington.

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<v Speaker 2>I think they should make a movie of that. We're

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<v Speaker 2>on YouTube podcasts. This is single best idea.