Bloomberg Audio Studios, podcasts, radio news single Best Idea quickly did a huge news flow, including the testimony of Kevin Worrish. Will have much more coverage on that tomorrow as well. Alexis Crowen from PwC and I talked to her late on the interview. I just asked her about the right and her United Kingdom.
What does that look like we've talked about this in the past, is that.
She's looked at it serious.
But does that mean, you know, an acceleration of the foundations and the institutions and questioning institutional integrity. I mean, I think that's that's one question mark. The other thing that we should think about is the rise of the
right is not your dad's GOP. The rise of the right is not traditional obviously less fair free markets, and so what we work with our clients to think about is where can the government actually intervene, even if you've been supportive of a government into your business and how does your share price take a tumble off the back of that.
Alexis crow of PWICE there I featured in that interview. I think it was the green Book of the recent meetings that Alexis crow attended in Washington of the IMF and the World Bank. For the nerds out there, go look for the PDF file of the Global Stability Report of the IMF. It is the single best informed document on financial stability. It is put together by Tobias Adrian and his team at the IMF. And it's really PhD level, folks,
full disclosure, really sophisticated, really good charts. Not so much algebra, but just a lot of depth of charts. It is phenomenal. I look at it cover to cover. It's the green book of the IMF meetings. Edwardlow in studio today and from San Francisco. And of course the news is on Apple. Here is from Bloomberg Tech ed Ludlow.
The Tim cook eral legacy is defined by operational excellence. And so this morning I went through the Bloomberg terminal and looked at how last year played out. From a tarist's perspective, Right, we're all gonna die, so but not Apple. And so it starts. Remember their fiscal quarters don't line up with the calendar, but it starts with no impact. We optimize supply chain, we managed inventory. Then remember this is a company that's doing you know, like tens and
tens of billions of dollars a quarter. The impact goes from eight hundred million to nine hundred million to one billion of impact. But think about the volume of business they're doing. They really mitigated against it, and that is like what Tim Cook is good at. With the breaking news of the last twenty four hours, everyone's been saying this is all about Tim Cook as CEO twenty eleven, taking over from Steve Jobs, I would just say, remember team.
Tim Cook joined Apple in ninety ninety eight, having been at IBM as that was growing into a global juggernaut, having been at all these other electronics companies in operations. He had a long career Apple, starting COO two thousand and five before he was CEO, and so his footprint in DNA is really within the fabric at that company.
Caroline Hide and Ed Ludlow Bloomberg Tech, they have much more on this transition at an American institution. We're on podcasts, We're on Apple podcasts, Spotify at YouTube podcasts as well. It's single best idea