neil ferguson and willem bruder.n london, we speak with deutsche bank chief economy is. we will talk about mario draghi and donald trump. that is at 6:00 a.m. in new york and 11:00 in london. this is bloomberg. ♪ francine: bloomberg surveillance new york. let's get straight to the bloomberg is this flash. or: that could pose problems for the cartel whose members are due to finalize how much each will cut production later this month. saudi arabia's oil output stayed near record lows. another record-breaking single day for alibaba. they said by midafternoon beijing time, they had already beat last year's sales mark of over $13 billion. that is your business flash. tom: thank you. on this important credit we will do a little bit on markets here. here is the chart of the moment. there are about 10 of them we could put up. this is what is called an elegant chart. cases, 1, 2, three, 4, 5, 6, 7. this is a perfect chart. the mother of all inflationary breakouts. is this such an important moment that it is a regime change fo

we hear from noted academic neil ferguson.ake a look at where things stand right now with the julie hyman. julie: things are looking a bit more mixed today in the wake of the really. this week we have seen this interesting dichotomy where the dow has been out for arming and the nasdaq has been lagging, but the nasdaq is coming back today, so a bit of a bounce for technology shares. the s&p has been down thing around throughout the day. it has come back from the lows of the session. there has been a little bit of repositioning over the course of the week, and now on his last day of the week, people are taking another look at the moves we have seen, seeing if they were overdone. we are also watching gold. it has had a wild ride this week, trading lower once again by 2%. it had been rising in the days inding up to the election spite of selling in the wake of the results. mining and berrick being hit. we have been watching oil prices. iran and iraq said they raise production last month. saudi arabia pond near record amounts of oil

roger lewis will introduce today's speaker. >> neil ferguson as everyone knows is a famous historian. he is the author of "paper and iron." colossus." "the war of the world." "civilization, great to generation." kissinger, theof idealist. he is a fellow at the senior -- at the hoover institution in stamford. he is a visiting professor in beijing, and his many awards include the benjamin franklin prize for public service, the high price for lifetime forevement, and the prize economic journalism. this, he has of even given a lecture to the british studies seminar at the university of texas. i can testify that he is very quick on his feet because in the middle of the lecture, a cell phone went off. slightly embarrassing because it belonged to my wife. [laughter] putting it in a refrigerator so that it would go away. hel did not miss a beat, started to talk about the telephone and the origins of the first world war. [laughter] [applause] neil: thank you very much indeed. great pleasure to be here. and i thought i would say a couple of things by way of preface. some of you, perhaps all of

economic notes from the years and i have a few books here alastair mcintosh wrote on that and neil ferguson, the oxford historian. i had a good friend that helps me write. i'm not a get up and write pages. you go in and start cranking stuff and get out th off the cor and carbon together. >> host: you mentioned and here in herei don't think by nai think it was in your graduate school three teachers that have an impact on you. can you share who they were and the impact? >> guest: right on lake michigan i had, i won't name them in the philosophy but the dutch reformed church there was a scottish reform presbyterian teacher who had these great systematic thinkers. when you are in college you do not have your act altogether. i saw what the christian concern looked like and i said not only am i thankful for this i want to do that with my life i always seem to be a professor based on these three and then i had plenty more. i had one at the phd he went to church with me and the guy that did the economics was the minister to bill clinton's so i am friends of both sides of the aisle. then they got me

. >> reporter: neil ferguson from the hoover institution. >> nothing would improve the situation in thedle east more than regime change in iran. but when the moment arrived, the president sat on his hands and did nothing. people were chanting, crying out asking for support. >> reporter: he was among those countless iranians pleading for the president's help. >> we wanted democracy. western democracy, actually. >> many people were tortured, they got killed. obama did nothing. >> reporter: the administration insisted they didn't intervene on behalf of the green movement because they feared american support would delegitimize it. senator cotton offers another explanation. >> i think the answer is very simple. they didn't want to upset the ayatollahs and risk the possibility of reaching a nuclear deal. >> reporter: some claim president obama's desire to achieve that nuclear deal with iran also played a part in his syrian policy. in august 2012, the president warned that country's leader, bashar al assad, against using weapons of mass destruction. >> a red line for us is we start seeing a wh

. >> we had neil ferguson on the other day on "power lunch," he admitted the chinese liked trump, theyed hillary clinton. so they were excited about the possibility of trump being president. you have a conference, the whole day. >> yeah. >> nobody asks about trump. so they're not worried about tariffs or anything like that? they think that's campaign talk and rhetoric? if he were to commit to forcing apple to produce phones here, that would be problematic for those companies. but nobody asked about that? >> we didn't have apple at the conference. this was just a technology and media conference. that said, no. i didn't hear -- i thought it was interesting. there was almost no discussion of the impact of a trump presidency -- >> he had already won another this point. >> yes. this is yesterday and today. it doesn't seem to be an issue for investors. doesn't effect the underlining demand for the companies. >> i said at the very least you would think some people might think it's neutral, even if his pro growth policpolicies, it wot be so bad. you think it is positive for the back drop? >> t

secretary of state for richard nixon and gerald ford very next, harvard university history professor neil ferguson discusses the first volume of his henry kissinger biography. mr. ferguson argues that kissinger's approach to foreign policy is grounded in idealism rather than the ruthless realism he is known for. the national history center cohosted this event. it is an hour and a half. >> good afternoon, everyone. thank you for coming out today. i am in the george washington