Bloomberg Audio Studios, podcasts, radio news, single best idea. It seems like we've been you know, it's like we're ending the year. I mean it May has been exhausting so far in a good way. I just can't say enough about the conversation day today. There's a lot of somebody stopped me on the street the other day they said, how do you do this? Like are you booking people? And you know all that? And I can't say enough how I learned years ago doing this when I invented
this with Emily. The basic idea here is massive delegation of authority and I have no idea. It's six point fifty nine who's on the show. That's when I learn and that's why I want it. And you know, every once in a while there's somebody who are like, why are we doing this? But what you end up with is this thickness of conversation bouncing around. And it's just been so rich in May. It's just been you know, the site selling May and go away mentally, go away
with an economics financial investment. I just don't get it right now. Sweeney looks like a genius. Maybe we get a forty thousand printed day on the doubt. We did in the futures, but that doesn't count. We've got to get it in a daily close. To be honest, there's two technical ways you look at a close. There's the daily close, which is gospel if you will. In a lot of pros will take a longer time zone and
they look at a weekly close to Friday. This is ancient, goes back before computers, frankly, so you look at a weekly close. Can the Dow close at forty thousand on a Friday? And that's a big deal as well. The Bloomberg has a function called a roll roll where I can pick a weekly close on a Tuesday or a weekly close on a Thursday. I do that all the time, sort of a blend of the two strategies. But can we get the doubt forty thousand or SPX fifty three hundred on a weekly close or a daily clothes We
did that with a record high in the SPX yesterday. Enough.
Sometimes there's just moments where you have to stop, what a good time we've been having with David Solomon of Golden Sex, Brian moynihan, Bank of American France, and Lacua in Paris sort of a capitalism French Mclaus Sairey before the Olympics in you know, Francy's talking to James Diamond of JP Morgan and Jamie Diamond's going on, and she drops the brick in the middle of the interview and says, how about those lazy French people, Diamond finessing it like
only Jamie Diamond can do. Let's listen.
I hate total blank of Thames like that. I know a lot of Europeans who work hard, but I think when you see the thing about work hours, I think it is somewhat true. Americans are hard working. Anywhere you go around Americas is hard working. But I see that here too, I don't think. And the innovation people you meet through WILGHI just are of the innovation people in the United States.
I heard one of his PR people offside mun Dieu when Francine asks that here's the math on this, folks, they actually looked it up once. And this goes back to well Christine Legard as trade minister. I believe it was for Sarcozzi or Terry Barton out of Orange and Telecom was the I think the French finance minister goes way back where I would reach researches. This is delicate topic. Obviously, it's shocking how culturally they work less than we do,
but they get just as much done. Their productivity is pretty much equal to what we do. And they're not working like idiots like me, I mean Frankly and Francine knows this. I mean Francine and I bust their chops on this for years. But that was a great question. It was great to hear Jamie Diamond finesse that answers. He builds out a thousand employees in Paris, in France as well. Huge conversation today. Of course, excuse me, all
of the markets off the FED. And I thought Constance Hunter was particularly good at macro policy perspectives, working with Juliet Cornado, and they're just looking at the back and the fourth of the FED parlor game. We're gonna hear a lot more of this to June twelfth, the next FED meeting. Let's listen to Constance Hunter.
You would be surprised how many people thought that the FED doesn't need to cut, that the economy is strong, and it is this K shaped economy again, which makes it very hard to interpret Right, If you're in the top part of the K, you think, Wow, everything's great that my stocks are up, I'm getting interest on my savings in my with no risk, the economy is doing
really well, my house prices up. But if you're in that bottom part of the K, you're like, Wow, my insurance, my car insurance just went up, and I still need my car to drive to work, and I don't have the bandwidth to figure out how to push back on this or shop for a different insurance carrier that's going to give me the same coverage at a better rate. Right, you're really under pressure if you're the bottom half of that K.
That is the most accessible conversation of the week. You know where I am on this, folks. I just I'm sorry the lady Alan Meltzer. I can't aggregate in this polarity of America. There was V shape blah blah blah, and all the other jargon over the years. K shape caps is that you go up the K to the halves. The asset holders all doing well. They were all Walmart. I guess it was. Well. Today there's a whole group of people shopping at Walmart trying to figure out how
to stretch one hundred dollars. I mean, it's the polarity in America to the election is extraordinary. I thought Constance Hunter did a great job of explaining that we're on Apple car Play on Android. We're building that out. Thank you so much worldwide for choosing Apple car Play. It's safer and better according to Apple. I guess it is. I don't have it the Nash Rambler, just the voltage or something off the battery and the what's the thing called eric, the thing next to the battery, it's off
the engine. It's a cylinder shape. I can't remember what it's called. Anyways, they told me I can't do here Apple car playoff the mash, but you can and a lot of new cars, and we say thank you for that. On YouTube, Subscribe to Bloomberg Podcasts. That's what we've decided. Subscribe to Bloomberg Podcasts. You get all of our good products. Search Bloomberg Podcasts. We're there, Our replay is there two hours and fifty six minutes on Apple Podcasts. It's single best idea