jamie morgan was appointed last play a in, in, in the russian financial markets. until at the start of especially a miniature operation, but ever since the told you going to leave or you'll be punished. and i think this a look, you'll know, i know you hunting all business because obviously that's the on the list. main view is, is how the business hosting type people, but you'll hudson the global economy with a stall. well, we're going to try and do something about it. so let's open that would be. so let's check outs all calm, photos, light system, breaking news and updates. we'll see you right back here at the top of the all, thanks for watching the the, the, [000:00:00;00] the what happens in libya and in human specifically told, at least a segment of the syrian people that this is not going to need to any, any weird. because we can see that there was going to be entered in both places. so this is the police, some syrians to stand by their state and keep it a field the and work with schools. well as a painful, now these are live in a chance or they will find some

you're trying to break between china and russia and the rest of the tournament must his friend, jamie morgan was born and loved to play in, in, in the russian financial markets until at the start of especially miniature operations. but it was changed, he told you, going to leave or you'll be punished. and i think this a look, you'll know, i know you hunting all business because obviously that's the on the list. main gate, which is how the businesses have to take you more. but you'll hudson the global economy with a stall. well, we're going to try and do something about it. so you can keep on top of all the latest news updates faced by visiting our website. com. as always, we appreciate your company. thank you for choosing audience. the, i look forward to talking to you all that technology should work for people. a robot must obey the orders given by human beings except we're so shorter is that conflict with the 1st law show your mind, anticipation. we should be very careful about our personal intelligence and the point obviously, is to place a trust rather than fit the area. i mean with the

jamie morgan was born in law's play a in, in, in the russian financial markets until at the sound of the especially miniature operation. but it was essentially told you're going to leave or you'll be punished . and i think this a look, you'll know, i know you hunting all business because obviously that the on the list, main view is, is how the businesses have to take you move in. but you'll hutch in the global economy with a stall. well, we're going to try and do something about it many times for a company here in nazi international with bank at the top of the very latest. the, [000:00:00;00] the probably is the most dangerous at the mention of nato's ukraine proxy wind rush. it is the issue of escalation, washington minutes, allies ward moscow not to escalate while the west, because repeatedly done so. nato's indifference to escalate. she puts us all at the what happens in libya and in human specifically told, at least a segment of the syrian people that this is not going to need to any, any weird because we could see that there was going to be entered in both places. some of these

jamie morgan was appointed last play a in, in, in the russian financial markets until at the start of especially a miniature operation. but it was sent to be told to go to leave or you'll be punished. and i think this a look, you'll know, i know you hunting all business, because obviously that's the out of this. main to do is, is how the businesses have to take you more than that. you'll hudson the global economy with a stall. well, we're going to try and do something about it. the question for a minute, the 2nd half off has touched down in the capital of to jake, is down doing his official to day visit to russia's top different, not for house folks with his counsel calls as one of the nation's presidents, but also allow for a visit to the central asian country was doing a meeting at the seal. yes, tons of the foreign ministers in may of 2022. the . the syrian foreign minister has condemned to the us and european states for using uter last rule. they cannot make measures to put pressure on damascus. western sanctions have exhausted body to the suffering of the syrian people and must b

other big name visits over the past few months have included apple boss at him. cook, jp morgan, c o, jamie diamond. the visits come as the chinese economies toll several signs of

morgan when jamie dimon took over or berkshire hathaway, who are the next forever ceos?octor you want to buy now? >> we look at people who are executing the short end of the tenure we hope. we have to look freedman from the nasdaq and five years, they very beaten the market. and they seem to be in charge. >> we gotta read the entire list. the stock picks coming up, carlton on who will win a cage a third kid. what if she likes playing golf? it's expensive. we're outlawing golf. wait. can i still play? since we work with emower, we don't have to worry about planning for a third kid. you can still play golf... sometimes. take control of your financial future to empower what's next. jack: please say yes, is there any chance that mark zuckerberg and elon musk will face-off in the octagon. >> i am with you i wanted to happen but if you look at the vegas odds not a chance is what they're saying. just the backup we have meta planning to launch a twitter competitor that led elon musk to challenge mark zuckerberg to a fight on instagram remark zuckerberg said send me the location.

morgan when jamie dimon took over or berkshire hathaway, who are the next forever ceos?'s doctor you want to buy now? >> we look at people who are executing the short end of the tenure we hope. we have to look freedman from the nasdaq and five years, they very beaten the market. and they seem to be in charge. >> we gotta read the entire list. the stock picks coming up, carlton on who will win a cage to help prevent bleeding gums. try saying 'hello gumwash' with parodontax active gum health. it kills 99% plaque bacteria. and forms an antibacterial shield. try parodontax active gum health mouthwash. i'm barbara and i'm from st. joseph, michigan. i'm a retired school librarian. i'm also a library board trustee, a mother of two, and a grandmother of two. basically, i thought that my memory wasn't as good as it had been. i needed all the help i could get. i saw the commercials for prevagen. i started taking it. and it helped! i noticed my memory was better. there was definite improvement. i've been taking prevagen for a little over five years. prevagen. at stores everywhere w

morgan when jamie dimon took over or berkshire hathaway, who are the next forever ceos?'s doctor you want to buy now? >> we look at people who are executing the short end of the tenure we hope. we have to look freedman from the nasdaq and five years, they very beaten the market. and they seem to be in charge. >> we gotta read the entire list. the stock picks coming up, carlton on who will win a cage more shopping? you should watch your spending honey. i'm saving with liberty mutual, mom. they customize your car insurance so you only pay for what you need. check it out, you could save $700 dollars just by switching. ooooh, i'll look into that. let me put a reminder on my phone. save $700 dollars. pick up dad from airport? ohhhhhh. only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ [ applause ] the day you get your clearchoice dental implants changes your struggle with missing teeth forever. it changes how you eat, how you feel, and how you enjoy life. it changes your smile and how others smile at you. clearchoice network doctors have changed over 100,000

morgan when jamie dimon took over or berkshire hathaway, who are the next forever ceos?doctor you want to buy now? >> we look at people who are executing the short end of the tenure we hope. we have to look freedman from the nasdaq and five years, they very beaten the market. and they seem to be in charge. >> we gotta read the entire list. the stock picks coming up, carlton on who will win a cage i'm a bear. i'm coming out of hibernation, and papa is hungry. and while you're hittin' the trail, i'm hitting your cooler. and your cut-rate car insurance might not pay for all this. so get allstate. ♪ tourists tourists that turn into scientists. tourists photographing thousands of miles of remote coral reefs. that can be analyzed by ai in real time. ♪ so researchers can identify which areas are at risk. and help life underwater flourish. ♪ jack: please say yes, is there any chance that mark zuckerberg and elon musk will face-off in the octagon. >> i am with you i wanted to happen but if you look at the vegas odds not a chance is what they're saying. just the backup we have met

morgan when jamie dimon took over or berkshire hathaway, who are the next forever ceos?buy now? >> we look at people who are executing the short end of the tenure we hope. we have to look freedman from the nasdaq and five years, they very beaten the market. and they seem to be in charge. >> we gotta read the entire list. the stock picks coming up, carlton on who will win a cagepg match, elon musk or mark zuckerberg. stay rightwi there. so you can get back to your monster to-do list. really? get a quote at progressivecommercial.com. (psst psst) ahhhh... with flonase, allergies don't have to be scary. spray flonase sensimist daily for non-drowsy, long lasting relief in a scent-free, gentle mist. (psst psst) flonase. all good. i got into debt in college and, no matter how much i paid, it followed me... everywhere. so i consolidated it into a low-rate personal loan from sofi. ditch credit card fees and high interest. borrow up to $100k. sofi. get your money right. (announcer) enough with the calorie counting, carb cutting, diet fatigue, and stress. just taking one golo relea

coming up with manus and me, bill ackman says jp morgan's ceo jamie dimon should run for president inhis coming election. we discuss the tweets next. this is bloomberg. ♪ dani: let's go over to hong kong for your first word news. adrian: iran has reinstalled monitoring equipment and boosted cooperation with international inspectors, even as its engineers added to stockpiles of uranium. the findings by the iaea increases the likelihood that iran will face censure. around 50 credit suisse bankers are suing swiss financial regular for rendering their bonuses worthless. a swiss federal court spokesman says they are suing over the write-down of contingent capital awards. the bonuses were based on at1 bonds which were wiped out in the emergency rescue of credit suisse. australia house prices climbed from a third straight month in may. prices in sydney jumped 1.8%, the biggest increase in more than a year and a half, after australian cpi came in hotter than expected with consumer prices rising 6.8% in the year to april. global news powered by more than 2700 journalists and analysts in more t

other big name visits over the past few months have included apple boss at him. cook, jp morgan, c o, jamie diamond. the visits come as the chinese economies toes surface signs of slowing growth and tensions with the united states remain high. so what's behind this flurry of meetings to discuss? bass, i'm joined now by tyna. i'm list fraser, highly freezer. it's good to see. nope, the gates has got a really warm welcome in phasing c colt. i'm an old friend. how would you interpret this? well, of course, i would hate to be called an old friend by she didn't say, i have to say if it comes to this party calls you a friend or an old friend. i always think that's a bit of a cost rather than a blessing. so but bill gates is, you know, for, for decades was the world which is mine. he's being one of the most successful us businesses been ever so he gets a well, well, i'm better because they're always meetings are, are all to some extent are beat out a lot of times and i'm also trying to, trying to show that it's open for business again, that it is a trying to, it's trying to isolate the world. and,

other big name visits over the past few months have included apple boss at him. cook, jp morgan, c o, jamie diamond. the visits come as the chinese economies told several signs of slowing growth on tensions with the united states remain high. so what's behind this flurry of nice things to discuss tasks i'm joined now by tyna. i'm list fraser, highly freezer. it's good to see. nope, no. gates has got a really warm welcome in phasing see colt. i'm an old friend. how would you interpret this as well? of course, i would hate to be called an old friend by susan thing i have to say if the communist party calls you a friend or an old friend. and i always think that's a bit of a car stronger than a blessing. so but bill gates is, you know, for, for decades was world just mind these being one of the successful years businessman ever. so he gets a while while i'm going to be towards the always meetings are parked off to somebody standing. i'll be out of time to buy off trying to trying to show that it's open for business again, that it is a trying to. it's trying to isolate the world. and of course,

other big name visits over the past few months have included apple boss at him. cook, jp morgan, c o, jamie diamond, the visits come as the chinese economies toll several signs of slowing growth on tensions with the united states remain high. so what's behind this? a flurry of meetings to discuss tasks. i'm joined now by tyna. i'm list fraser, highly freezer. it's good to see. nope, the gates has got a really warm welcome. in phasing see colt, i'm an old friend. how would you into her.

other big name visits over the past few months, have included apple boss at him cook, jp morgan, c o, jamie diamond. the visits come as the chinese economy is told, several signs of slowing growth and tensions with the united states remain high. so what's behind this flurry of these things to discuss? bass, i'm joined now by tyna. i'm list fraser highway fraser. it's good to see. nope, the gates has got a really warm welcome in phasing see called him an old friend. how would you interpret this? well, of course i would hate to be called an old friend bye. she didn't say, i have to say if the communist party calls you a friend or an old friend, and i always think that's a bit of a cost rather than a blessing. so, but bill gates is, you know, for, for decades was world french's mind. he's being one of the most successful years businessman ever. so he gets a while while i'm going to be thoughts that always mean things are, are off to some extent peter orfine's mind of trying to trying to show that it's open for business again. that it is a trying to, it's trying to isolate the world. and of cou

jp morgan ceo jamie dimon seems to be rethinking his next steps, bill akman is calling on the ceo of ring for the upcoming 2024 presidential race, saying he's a pro business, pro free enterprise, supportive of well designed programs and rational tax policies that can help the less fortunate. he's smart, thoughtful, pragmatic, knows how to bring opposing thoughts together. listen to what jamie dimon told me when i asked him if he was going to run for president back in january. watch. >> are you looking to run for public office? >> no, i'm not running for president. i just think it's important we support rational and comprehensive policies. maria: a few years ago you said you could beat trump. do you still think you could beat trump. >> i'm not going to answer that question. maria: what do you think about this? look, jamie -- >> some people might say the voting for the primary isn't until january or february of next year. they're going to start voteing in a few months in january and february, it's going to come by quick. i would say it's too late not just for jamie dimon, for just about

approach work and now that has all of this real estate potentially empty for major corporations, jp morgan, jamies, quote, nothing like 2008 but he also talked about deposits from the regional banks that have not run out but that we could have issues with commercial real estate. this is something that you have been thinking about? >> absolutely, my firm on mark 7 came out with a very important report. look, interest rates have gone up 5% in 14 months. that's the fastest rate of increase in my career and in many of my careers so the fed is trying to slow the economy. they are likely to slow the economy and we are starting to see what that looks like. so it's put pressure on a couple of banks that just happened, it's also going to put pressure on commercial real estate and so what we said in early march is that the major markets for corporate office space could see a decline of as much as 30% from the peak which was in the middle of last year and -- and the math of that is half of it are the cap rates changing was just interest rates are higher and risk has changed somewhat, the other half of the d

in retrospect, jamie, do you think j.p. morganded guilty to one of the charges. he was your client for five more years? >> hindsight is a fabulous gift. >> they're going to ask him what information he had about epstein and j.p. morgan haensd willingst accounts. dimon said i knew very little about any of this until this case was opened. and then, of course, i learned quite a bit since then. according to the lawsuit, epstein was a j.p. morgan client from 1998 until 2013. epstein was indicted on prostitution charge in 2006, pleaded guilty in 2008 and spent very little time in jail and then in 2019 the epstein scandal broke. he was arrested on federal sex trafficking charges. he died by suicide while detained. dimon says he only heard of epstein after that 2019 news broke. joining us is "the wall street journal" reporter who has been covering this story from the very beginning. really important reporting including yesterday you reported that a former j.p. morgan chase executive jeff staley said he did actually communicate with dimon,

but tim cook, elon musk, jp morgan jamie dimen. u.s. secretary of state is not a ceo, but what can we expect? >> our top diplomate, says he's not a politician, but the first visit by a u.s. secretary of state to beijing in five years, neil, and he spoke yesterday before taking that flight. >> sustained competition, with diplomacy and that's what the world expects of both the united states and china. >> now, neil, as you mentioned it's sort of like a take two of sorts, this trip. as blinken canceled his trip before that u.s. air force fighter jet shot down the massive 4,000 pound chinese spy balloon that flew across the united states and also, what other people call provocations. a chinese fighter jet across the nose of a u.s. air force surveillance plane in the south china sea used to spy on china. the fighter jet caused massive turbulence inside that air force rc-135. and also on the high seas, a china warship recently cut in front of an american guided missile destroyer in international waters, yes, not far from mainland china. and yo

but tim cook, elon musk, jp morgan jamie dim

jamie dimon. jp morgan chase, i want to be the bridge between u.s. and china relations. elon musk, we love china and so good to be here again. so, in many ways, the american ceos sold us out ahead of time. china talking past the government which he thinks is not worthy of these ceo. you want to m do business and me money this the way to do it. secretary of state couldn't have gone weaker position. he lands and a lower official with a foreign ministry greets him, no red carpet there. then he goes for 7.5 hours of talks. now the objective is establish communication. but it takes two sides to do it. and begging for communication for matter of weeks, begging for this meeting the first since 2018. despite the fact that they are cutting off our destroyers, cutting off our fighter jets, despite the fact that they are building a sophisticated spy station in cuba and sent over a spy balloon and are mad we shot it down rather than apologizing, to me, you go over there on the back foot and from what happens from here, it's hard to be optimistic. what their goal was this: to stop th

morgan ceo jamie diamond speaking at a conference in china and speaking about his political future.has that scenario ever crossed your mind you would run for public office? >> it's crossed my mind, i love my country and maybe one day i will serve my country. i love what i do. >> cheryl: he's a patriot, loves his country. cabinet position, his name has been put in the hat before. i would say centrist, i can't think what he is registered as, i will have to check and see. usually with bankers, they try to stay out of picking side politically, whoever administration is in power, is who you have to work with. >> carley: cabinet position is key. >> cheryl: his wall street colleagues were on twitter saying he would be great. >> todd: he could certainly self-fund. turns out people using the street of your city as bathrooms does not attract tourists. >> cheryl: san francisco has a big problem. they launched $6 million campaign, which we have never seen in the history of san francisco. it was one of the most beautiful cities in the world. that is what it looks like now. listen to the ad and h

morgan. you saw this filing which we just reported on a short time ago, attorneys for jane doe in the epstein lawsuit are requesting that jamie dimond come back for an additional deposition along with other j.p. morgan executives. no amount of time on the record would change the fact that jamie never met the man, never worked with the man and wishes in hindsight that the man would never have been a client in the firm. they are requesting that jamie dimond and two other executives come back. that is because j.p. morgan turned over key documents late in the case and did not have a chance to ask about those key documents. we will see whether those documents turned out to be key or not key. ultimately, the j.p. morgan brushing is often saying ultimately that the case is what it is and they are confident that they have the right side of it. >>> up next, morgan stanley weighs in on the new market enthusiasm and why this is nothing but a fear of missing out rally. >>> ups calls this a top idea out of earnings season saying 20% holdback last month offers an in an interesting entry point. nna. hi anna, this position is all over the pl

morgan knew at the time. jamiet j.p. morgan and mary casey with the lawyers say was jeffrey epstein's banker for approximately a decade between 2020 and 2010. those are the officials that the lawyers want to have re- deposed in the epstein case. we will see if the judge agrees. we will reach out to j.p. morgan to see if there's anything they have to say. >> here are some other news about twitter breaking. it has potentially, i don't know, negative things in it. can you fill us in at all? >> there was a document that was misfiled and it was recalled in the case. we have a copy of it because we are scouring up everything filed in this case and the minute we sort of understand what is in their, we will be reporting on that, as well. but this is a case where, now, discovery is over. that is the period of time where you have to turn over all of the information and both sides share everything they have and you move on to trial which is expected in the fall. so this one is heating up in the big question on all of this is

that's where jp morgan chief jamie dimon will meet with a group of house democrats to discuss bankinghe economy. dimon hint that had politics and he said he has no plans to run right now. it's certainly interesting. miami mike murphy, come back. what do you think about jamie dimon getting into politics? >> i think he's too smart and he's in a good position where he is. he has -- i think -- i agree with a lot of his opinions and would make a great leader for the state and country perhaps. i would bet against it. ashley: a gluten for punishment and look at the meat and potatoes and the markets are hanging out right now and not a lot of big moves and you can see the dow slightly down and nasdaq and s&p slightly up and talk about individuals and you like united health, why? >> over the last years, the market hads a nice rally and united health not taking part in that and sitting flat over the last months and sitting down and i've opened up notice from united health today and next year our company's premiums go up 16% again. so seems like our premiums go up and as long as they turn it up a

jamie dimon. he knows if he goes through this gauntlet, he will get what mike bloomberg got, the same sort of stuff. j.p. morganmersed in some stuff with jeffery epstein, the convicted, the pedophile that killed himself in his jail cell. jamie dimon is immersed in that because they were essentially the banker for jeffery epstein for many years. he has to explain that. that will tar him. >> neil: and then his china connections. wanting to continue to do business with china. that gets closely scrutinized in a run for president. >> neil: and you have to -- >> it gets bounced around by your opponents. you get attacked with it. he can wake up tomorrow and say i want to run for president. i don't care. come and get me. from what i understand right now, he wants to be president. he doesn't want that stuff thrown in his face and run for president. he's got a family. it's rough stuff. being a businessman is a different animal than being a politician. that's why trump was interesting in the sense and ross perot before him, you and i remember ross perot. they were guys with really thick skins. they really will punch you b

. >> jamie dimon of j.p. morgan, elon musk, bill gates, they're in a meeting recently as well.he economic piece into this puzzle, because china is certainly having some economic struggles, and they want the money coming in. >> yes. >> while they are, you know, giving u.s., the administration the heisman. >> correct. that's been the most interesting dynamic, and of course, the visit by bill gates was not coincidental. from china's point of view. nor was xi jinping meeting with him and calling him an old american friend. i'm doubtful that secretary blink en is going to be called an american friend. and it will be obviously very embarrassing if a major u.s. business leader meets with president xi jinping and then secretary blinken does not get that meeting. my sense is probably the chinese will probably let him me with xi jinping, but if not, that is very embarrassing. indeed, xi jinping himself, before he became president, when he was still the understudy before taking power in 2012, on a sort of state visit to the united states, he used this term that the economic relationship,

computer jugger naught and a bush to get bigger business guys in the race and much mentioned to jamie dimon and jp morgan chase and others. there's a connection americans have with successful businessmen and women, but there's also, i like to think not fairly but a love/hate relationship that they admire successful type such as yourself and they wonder how can they guy relate to me. what do you say? >> that part is easy and grew up in a small farming community, grew up farming and working at local grain elevator. you know, some of the work we did there should be featured on discovery channels dirtiest jobs. it is -- helped pay through college and i was literally a chimney sweep working my way through college, i think someone who grew up, i had a job where you took a shower at the end of the day, not at the beginning of the day. that's totally relatable. i'm excited about getting to iowa, talking to the folks there because our two economies and our two states are similar. of course north dakota, we're a big energy state in addition to the bio-fuels that iowa has. small towns, new hampshire, small town val

right now jamie dimon being touted jp morgan chase ceo and history of that. ross purr row and donald trump in 2016 so there is precedent here. very close to the same thing that went on in canada about 67 years ago when kevin oilery was being touted. all in all, things did work out for kevin and he's next. new projects means new project managers. you need to hire. i need indeed. indeed you do. when you sponsor a job, you immediately get your shortlist of quality candidates, whose resumes on indeed match your job criteria. visit indeed.com/hire and get started today. i've spent centuries evolving with the world. that's the nature of being the economy. observing investors choose assets to balance risk and reward. with one element securing portfolios, time after time. gold. agile and liquid. a proven protector. an ever-evolving enabler of bold decisions. an asset more relevant than ever before. gold. your strategic advantage. first, there's an idea and you do something about it for the first time with godaddy. then before you know it, (it is a life changer...) yo

you have had a jamie dimon, jp morgan chairman. you have had bill gates. you had elon musk. you had tim cook. they have come to china. they are trying to reengage on a business-to-business level. it is going to be the focus of the premier in his speech later this morning where he will likely make the pitch to an international audience at the world economic forum known as the summer davos. he just came back from his first international trip. he went to germany. he went to france. same kind of message he will be bringing here i am anticipating. shery: chief north asia correspondent joining us from tianjin. exclusive conversations from the world economic forum coming up on daybreak asia. the circle ceo joins us at 7:40 a.m. hong kong time and the hkex co-ceo speaking to us live in the next hour. china's currency has continued to slide this by the central banks move to slow's decline with a stronger-than-expected reference rate. let's bring in bloomberg's fx and rates reporter michael wilson. we have a struggling chinese economy. not to mention looser monetary policy in the coun

jamie dimon is in shanghai for the j.p. morgan annual global china summit.iamond affirms commitment to business they are saying the bank will remain in china calling for real engagement to resolve ongoing issues between the nations. some republican lawmakers called for decoupling. >> we just stopped funding the instrument of what could be our eventual demise. trying it makes no secret they want to be the dominant economic power in the dominant military power in the world by 2049 progress another view from some of the business community is that business leaders could possibly accomplish influence over china that washington cannot. one example, apple's rotation away from china toward india for expansion. back to you. >> thank you. right now both excellent read on the global economy. danielle, this idea we fight fire with fire when it comes to chinese maybe sweat more economic sanctions on the punishments do not allow business guy's to fool us into thinking it's good to do business with china. how do you think something like that would go? are we prepared to do

morgan chase ceo jamie dimon and elon musk.ders had halted dollar sales to defendant. the currency dropped about 7% weakening for a talk straight day. it has lost more than 12% since the second round of elections since last month. francis is in a hospital today undergoing surgery to treat an intestinal blockage. the vatican says that the 86 euros would be put under general anesthesia and would remain hospitalized for several days. he ferments in charge of the vatican and the 1.3 billion strong catholic church. global news 24 hours a day. powered by more than 2700 journalists and analysts in over 120 countries. i'm lisa mateo and this is bloomberg. ( ♪♪ ) ( ♪♪ ) -awww. -awww. -awww. -nope. ( ♪♪ ) constant contact delivers the marketing tools your small business needs to keep up, excel, and grow. constant contact. helping the small stand tall. it's easy to get lost in investment research. introducing j.p. morgan personal advisors. hey david. connect with an advisor to create your personalized plan. let's find the right investment

journal" reporting the settlement amount was $290 million to settle this lawsuit accusing jamie accuse jp morganationship with epstein. the settlement with the jane dough plaintiff who sued alleging that jpmorgan allowed jeffrey epstein to do business with the bank long after his conviction on sexual charges and long after employees inside jpmorgan were warning the bank should no longer conduct business with jeffrey epstein. we're getting this amount. we don't have this confirmed from jpmorgan yet, but jpmorgan agreeing to pay $290 million to settle the lawsuit according to the "wall street journal." back over to you >> the added detail. meantime tech has been a key part of this rally in the broad market the nasdaq the outperformer, up more than 30% from its october low and 27% this year. let's get to kristina partsinevelos with a closer look at the most overbought and over sold parts of that index. >> if you're the type who prides themselves on being different, then you might want to consider avoiding tesla as it's the most overbought stock on wall street right now. the metric, rsi, measures th

we recently saw jamie dimon from jp morgan in china.it will be interesting going forward how these companies try to navigate. we are at a time right now where i am sure these companies wish they could be switzerland and satisfy everybody. but they can't. david: and true to your point, it is unavoidable. do you think that it forces -- it forces one not really to pick sides, but it forces higher costs because from a fund perspective you have to run two strategies in some ways, a china one and a u.s. one. drew: if you look at industries, particularly ai going forward, you are going to see a chinese ai and a western ai. they will have different capabilities, different security features, and different controls. that is kind of what you are going to see going forward. yvonne: we were just talking to our reporter about the venture-capital landscape in china where we continue to see this lone. i guess geopolitics is part of that as well. what are you looking at that could revive these animal spirits once again, and what does it mean for the ipo

started, you know, having some in or i'll call them interactions in hearings with folks like jp morgan ceo jamie dimon, where i sort of really put it them about how can these, you know, your employees can't afford to live. have you thought about that? and the answer was he hadn't. and i hope i prompted him to do that when i started to have to some of those moments, they take a lot of time. they take a lot of. yes, i to really think it through and i remember just being so tired and sitting down and going to vote it probably 8:00 at night. one of my colleagues was newly like me and he's from california just really. just looks great, you know? and i said, i, i'm exhausted like, i think i'm doing it wrong. and he said, oh, no, you're definitely doing it wrong. yeah. and i said, what? what do you mean? and he said, well, you're confused what your job is, right and you're focusing on the wrong things. and he said, your job just to be vote number 218, which is what it takes, pass a bill, right? it's 435 people. so the majority. right. the deciding vote is the 218th vote. and he said, your job to be 218

>> i think really what this leaves us in a position of, as people like jamie dimon and jp morgan hasome time, it's not the same time to have the requirements on banks are on capital requirements of banks. on the regional level banks are going through rebuilding of capital post everything that's in happening in the regional bank sector with some of the blowups there. but on the bigger end of town, with some of the bigger banks swallowing up these assets from the regional banks, they are in a position now or they are facing still continued pressure on the investment banking side. areas like m&a are still under significant pressure, and even though the economy still looks pretty fragile, people concerned about when the fed might need to start cutting rates into next year, even if they do one or two more hikes, it still leads a pretty difficult environment for the things to hang back significant capital to shareholders. of course if there is still room there for some buybacks and dividends, but it's not at the scale that we might've seen if we think back to of, 18 months of the last just

pro-business push, they met with bill gates on friday, a meeting that followed visits to beijing by jamie dimon of morganhase, the starbucks ceo, and tesla and twitter ceo elon musk. guest: sure. i think there has been a lot of criticism about the depths of interdependence between the u.s. and china. and certainly, the united states needs to be concerned about being over reliant on china for critical minerals, for its market because that gives china leverage in certain areas of our relationship. but that interdependence goes two ways. the chinese are dependent on the united states and the west as well. that is a tempering tool that helps try to moderate chinese foreign policy. so we are seeing the chinese reach out to europe, to the business community, to the united states because they know where their economic bread and butter is. it is not with russia. it is with the west. in fact, in these talks that are occurring this weekend and will continue tomorrow, i think actually the chinese have a stronger need for these talks to go well than washington. host: in terms of russia, the presidents of both countr

breaking news, jamie dimon is now software a new deposition in jp morgan epstein suits.eo sought for a new deposition we will bring you more headlines as they cross on that. one of the biggest topics of conversations was private credit and earliest signs of trouble here and here is what panelists had to say. >> we can imagine this asset class continuing to grow for the next decade. >> the good news is there is likely to be in short fairly good performance from credit. >> i've credit, manager selection matters. >> private credit, quarter trillion dollars is now one point 4 trillion and a lot of of these will suffer under the weight of those interest payments. >> we are starting to see some cracks in the private credit market. >> i would say a lot of growth is happening in a period we have not had an old-fashioned credit crunch. >> credit defaults have gone up. >> there will be a shakeout. >> it is almost sure that the default rate will rise. alix: let's get a look with ted bold thorpe. what is your take? ted: this is one of the best opportunities for private credit. it is

pro-business push, they met with bill gates on friday, a meeting that followed visits to beijing by jamie dimon of morganhase, the starbucks ceo, and tesla and twitter ceo elon musk. guest: sure. i think there has been a lot of criticism about the depths of interdependence between the u.s. and china. and certainly, the united states needs to be concerned about being over reliant on china for critical minerals, for its market because that gives china leverage in certain areas of our relationship. but that interdependence goes two ways. the chinese are dependent on the united states and the west as well. that is a tempering tool that helps try to moderate chinese foreign policy. so we are seeing the chinese reach out to europe, to the business community, to the united states because they know where their economic bread and butter is. it is not with russia. it is with the west. in fact, in these talks that are occurring this weekend and will continue tomorrow, i think actually the chinese have a stronger need for these talks to go well than washington. host: in terms of russia, the presidents of both countr

morgan wealth management. >> 20 minutes for second date. all right, jamie. let's go to you because you are single.taken in 20 minutes for them on the first date for them to realize they want to go on the second one. does this how long it took for her -- she said i reminded her of a sex symbol. >> i will leave something at her house like a little video camera. [laughter] >> yeah, you come back. i left my video camera in your bathroom. can i go ahead and get it? >> i can see you are home. [laughter] >> kayleigh, um, 20 minutes? >> i would say less than 60 seconds. there is an hora about someone. 60 seconds is a long time. i knew it, i love my husband quickly. >> i knew i loved your husband, immediately. [laughter] >> hey, what's up? >> kat? >> forgot what we are doing here. you buy the survey, 20 minutes >> no, because you change your mind. >> you didn't like your husband. >> no, i didn't at all. i just stayed and drank more. none of those excuses worked. i canceled two of them but then on second one i went and i kept doing more of them. he pulled out his vape for like 20 minutes and he was vaping a

adrian: bloomberg learned that jamie dimon is to visit taiwan after wrapping up his trip to china. the stopoff by the jp morgan comes at a time of heightened tensions between beijing and washington. lvmh ceo bernard arnault is the latest to announced plans to visit china as elon musk returns from his whirlwind tour of the country. rishi sunak's administration refused a demand to handover former prime minister boris johnson's whatsapp messages and pandemic diaries. the government's cabinet offices is filing a judicial review. the move sets of a legal battle that risks amplifying accusations of a cover-up. the pentagon will buy sta rlink satellite terminal from elon musk for use by the ukrainian military. the u.s. has praise them in the war efforts, saying it is vital for the country's defense. global news powered by more than 2700 journalists and analysts in more than 120 countries. dani: thank you very much. coming up, china's manufacturing activity slumps further in may, causing a selloff in commodities. we will speak to evy hambro about his outlook. we look ahead to this weekend's opec+ meeting. this is bloo