i am jon erlichman alongside kriti gupta. time for what it's worth.f bitcoin is what we are watching. currently stands just under $20,000 a coin. if you think about where we were at the start of this month, closer to $24,000 and $50,000 at the start of the year. obviously, this is something we continue to watch. the outlook for the crypto market, someone who think a lot about this is the head of ftx, sam bankman-fried. he has more to say about the decline. sam: i think it is coming back. a lot of this is going to have to -- if we see markets crash again, we will see crypto crash along with it. we are going to see crypto recovery along with market recovery. but it is flushed out a lot of the things that needed to be flushed out anyway. kriti: to hear more from sam bankman-fried watch the david rubenstein show "peer-to-peer conversations" on bloomberg television. it is interesting to talk about this at a time when it was not the inflation hedge a promised to be. jon: and you think about how sam bankman-fried has been positioned as the jp morgan of crypt

i am caroline hyde with jon erlichman.expected after the bell and we might be adding subscribers to the streaming service. acceleration from the previous three months in terms of subscribers. more analysis from jason bazinet of citigroup. we are also focusing on the outlook, the four year guidance, right? jason: i think there is true statements here. the perception of the streaming business has been impaired the last six months. it is not anything to do with disney, but netflix. the street is dower on the economic returns streaming will ever generate. anything that disney can do to explain why this is going to be a better business in term of profits longer-term is going to be the best disney can do for its stock. jon: it was absolutely incredible to watch what has happened to netflix's stock. wiping away upwards of $200 billion in market value in nine months. do you think there will come a time where the market will, once again, see market in the streaming business? clearly, that has not been the case. jason: the buy side,

i am taylor riggs with jon erlichman.e think about the g20 summit and what it means for global diplomacy. i want to explore the topic with bloomberg's annmarie hordern. annmarie: it will be a show down with the by demonstration's aides saying they do not want putin to attend the g20. if he shows up, volodymyr zelenskyy should be attending. there is a big question mark whether or not volodymyr zelenskyy would attend in person given there is a war waged by russia or if you would virtually attend. it will be incredibly difficult because remember, when russia invaded ukraine, they wanted the united states -- western countries wanted the g20 to make a pariah out of russia. countries like indonesia said no. you will see an incredible amount of debate here, even about who should attend. a big question mark is if anyone will sit down with putin besides the like of indonesia's leader or china's leader. jon: it puts the spotlight -- we will hear more stories about the desire to be a mediator. annmarie: he said in the interview with

i'm telling height with jon erlichman.e great stories on the terminal, taking on the big banks, a fund for large-cap loads. our reporter joins us on this story and why apollo is doing this. >> we are seeing an interesting development in the past couple of months, it is getting for -- getting tough for bio financing to get done. there's widespread concern about the potential for recession, rising interest rates and that is causing wall street banks to pull back from extending their balance sheet to get the deals done and from investors who are more hesitant to invest and support the financing. that is creating an opportunity for a private credit fund for alternative asset managers like apollo to step in and provide the financing. jon: that is helpful context. my thing about wall street banks historically using their balance sheets, at least to generate business elsewhere -- elsewhere, for players like apollo, what the math here? is there compelling economics in moving more aggressively to this area? >> yes. apollo has a lar

i'm taylor riggs with jon erlichman.kong stock exchange posted their fifth straight drop in quarterly profits, but the ceo says he's confident in the pickup of ipo's in 2023. he spoke exclusively to bloomberg. >> when we saw a little bit of uptick in activity in june, and the markets around this part of the world performed a little better, we saw that ipo's quickly picked up, and we have had 16 ipo's in july, so very, very good performance. now, we had all those ipo's on that 180, so it was replenished. we still continue to see -- it is hard to project when the market will come back. the reality is it is easier for me to project 10 years from now than six months. >> bloomberg intelligence forecasted to stay weak through the second half of the year. there are companies who have not navigated with the national security reviews. i think $5 billion in ipo's so far this year compared to what is 35 or 30 million the year before, and that year, you fell back to number four in the world after the nasdaq and even shanghai. what i

and the question was, as jon erlichman used to put it, well, will this help incentivize people to work or will it help just help them lie about? that was his phrase, lie about. and people may sort of lean on the oars a bit. if they had this backing income floor. and right now, that was an argument. and that was an experiment. it was an argument opposing family systems. today, we are back in the middle of a huge experiment. right now. and that's a result of this attitude of people every month, at the beginning of this year. and it's probably pretty strong, that if any part of the 3.6 trillion dollar exercise, if that gets passed, of what might be the child tax credit. in which case you will have a two to five year experiment on, nationally, with an incredible amount of data. after which and through which you could take a hard look at that policy of income support, family floor, on your income. and have some real strong, analytical stuff to go into the game. with >> john, thank you for writing the book, thank you for making a part of the foundation and the library. and thank you for bein