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Trump Defends Comments About 'Deranged' Rob Reiner
Bloomberg Television· 2025-12-15 21:34
Number of Republicans have denounced your statement on several after the murder of Rob Reiner. Do you stand by that. Well, I wasn't a fan of his at all.He was a deranged person as far as Trump was concerned. He said he likely knew is false. In fact, it's the exact opposite that I was a friend of Russia controlled by Russia.You know, the Russia hoax. He was one of the people behind it. I think he hurt himself in careerwise, acted like a deranged person.Trump Derangement Syndrome. So I was not a fan of Rob Re ...
FDA Has No Plans to Put Black Box Warning on Covid Vaccines, Commissioner Says
Bloomberg Television· 2025-12-15 21:30
Well, we're keeping an eye on shares of Moderna and Pfizer after the FDA is said to be investigating whether COVID 19 vaccines potentially caused deaths in adults as part of a safety review. The investigation comes at a time when HHS Secretary RFK JR has repeatedly questioned the safety of the shots, despite numerous studies proving their efficacy. Let's discuss with Dr.. Marty McCaffrey. He is the commissioner of the Food and Drug Administration. Doctor, great to see you.Good to be here, Katie. So let's st ...
Federal Agents Break Up New Year's Eve Bomb Plot in California
Bloomberg Television· 2025-12-15 21:16
The subject arrested invent. Envision planting backpacks with improvised explosive devices to be detonated in multiple locations in Southern California, targeting U.S. companies. These bombs were to blow up at the same time on midnight this New Year's Eve.As I mentioned in my talking points on December 12th, a group of individuals, again, members of this this anti-government group, traveled out to the desert to test their explosive devices. They had precursor chemicals there. And they were going to they wer ...
Cathie Wood on how to invest in AI right now
Bloomberg Television· 2025-12-15 21:00
Imagine someone who's seeing this big runup in AI related stocks. They feel like they've been missing out so far. They have a big chunk of money.They want to invest, say, $10,000, $50,000, and they want to sort of catch the wave. Where should they start. And why should they jump in now or why not. >> Why should they jump in.Uh, a couple of reasons. I have never seen more fear about innovation than I do now. And that is why uh in April when we went through tariff turmoil a lot of the AI stocks uh got hit and ...
Gold Climbs Near Fresh Record on Fifth Day of Gains
Bloomberg Television· 2025-12-15 20:57
Market Trends & Investment Opportunities - The current gold rally, while significant, is still small compared to the rally in the late seventies and early eighties [1] - The fundamental reasons for the gold bull market remain intact, despite potential volatility and pullbacks [2] - Emerging market central banks initiated the rally by diversifying away from dollar assets due to concerns about asset seizures [3] - Retail traders in Asia are increasingly buying gold, with Europe and the US also participating [4] Risk Management & Portfolio Strategy - Gold serves as a tail hedge, performing best during extreme inflation and deflation scenarios [5] - Gold is not necessarily an overall inflation hedge for moderate inflation environments [6] - Bitcoin remains untested as a reliable insurance against crises compared to gold's historical performance [7] Pricing & Valuation - Gold price is well over $4,300 per troy ounce [3]
McKinsey Plans to Cut Thousands of Jobs
Bloomberg Television· 2025-12-15 20:42
But around 2021, McKinsey had revenue at the $15 billion mark. Here we are in 20 2425. By the time this year ends, we're going to be 16 billion, just a little bit lower.So they've operated in this narrow band of $15 billion to $16 billion in annual revenue, which is great. Any other management consulting firm would absolutely love to post numbers like that. For McKinsey, it is a sense that their revenue has flatlined a little bit.And you did mention there 100 year celebrations, right. Which 2026. That is wh ...
EU's trade chief on reaching deals with China #politics
Bloomberg Television· 2025-12-15 20:17
Rare Earth Minerals & Export Controls - The conversation about rare earth minerals has been significantly impacted by China [1] - Europe is getting closer to obtaining a general license from China, similar to the United States [1] Communication & Licensing - Close contact is maintained with China's foreign trade minister and team [2] - A team from China specializing in export controls visited recently [2] - Initial reports from the industry suggest that general licenses are being obtained [2] - The Chinese side was receptive to arguments that the processes set up in April required too much intrusive information [2] - General licensing could be a solution to address the issue of overly intrusive information requirements [2]
Bondi Beach Terror Attack: Australia In State of Shock
Bloomberg Television· 2025-12-15 19:50
Bondai Beach at this time of year is normally very very crowded. I can't ever remember seeing it so empty. Dozens of people gathered here to lay flowers.Many people just sitting here quietly trying to come to terms with the worst terror attack in Australia's history. Among the dead, a 10-year-old girl and a father of five. The oldest gunman, a 50-year-old who was the legal owner of the six weapons used in this attack.still alive, his 24-year-old son in a critical condition in hospital and under heavy police ...
Venezuelan Activist Machado Hopes Her Country 'Will be Free'
Bloomberg Television· 2025-12-15 19:49
I want to to speak to the Norwegian people, to European people, to the Venezuelan people. I would say to all citizens of the world in this hour to you that I am very hopeful Venezuela will be free and we will turn a country into a beacon of hope and opportunity of democracy. And we'll we will welcome not only the Venezuelans that have been forced to flee, but citizens from all over the world that will find a refuge, as Venezuela used to be decades ago. ...
Gold Boom Meets Holiday Bling
Bloomberg Television· 2025-12-15 19:36
Market Trends & Commodity Prices - Average ticket price increased by 15%, driven by a 50% rise in underlying commodity costs over the last year [1] - Silver and platinum prices have increased by 70% in the last year [1] - Natural diamond prices are down roughly 45% from their peak in March 2022 [7] - Gold has appreciated by 11% per annum over the last ten years [3] Lab-Grown Diamonds - Lab-grown diamonds are driving down the price of natural diamonds [2][6] - Approximately 60% of engagement rings sold in the U S this quarter will have a lab-grown center, compared to 2% in 2018 [8] - Industry anticipates 80% adoption of lab-grown diamonds in the next ten years [9] - On the diamond side, 60% plus is lab-grown, 40% is natural [10] Consumer Behavior & Sales - Jewelry industry is up over 10% this year, outperforming other luxury categories [13] - Current sales are up over 30% [12] - 75% of colored gemstone sales are natural, while 25% are lab-grown [10] - Customers prefer perfect diamonds but unique imperfections in colored gemstones [11] Gold Market Dynamics - Central banks are buying roughly 25% of the gold that's out there [5] - Financial investors are a significant part of the gold market [5] - Political and economic uncertainty are driving demand for gold [3]