Jen, the meeting about to get underway. As Carol mentioned, we have the Bloomberg Next Africa newsletter and we noted in that newsletter that the summit this year risks being a dud. What's going on.Why is that. Yeah. Tim, I think it depends on who you're speaking to.Really. Right. Because throughout this whole G20 presidency that South Africa has had.There's been quite a bit of overshadowing, which has primarily come from the US President and the delegation really adamantly and, you know, vehemently denying ...

I'm sure there are people that wouldn't fit in our culture, but I think that's what makes McLaren so special is we've created a culture that we all buy into. We're all like-minded. Uh I have no yes people on the team. You know, everyone can speak up. I get upset if they don't and they know they can. I get upset if they don't challenge me. It takes some time for people to get comfortable. kind of challenging the CEO, but I I get upset if they don't. So, they know they're not allowed to hold back. I'll get ve ...

Market Trends & Consumer Behavior - Turkey prices are the same or lower than last year for Thanksgiving, with retailers offering strong pricing [2] - Consumers do not plan to compromise on turkey for Thanksgiving, with 84% planning to have it on the table, consistent with previous years [2][4][5] - There's a growing consumer focus on protein, particularly low-fat protein, making turkey a suitable option [7] - Ground turkey is experiencing double-digit growth, indicating a shift towards everyday consumption [8] Company Strategy & Operations - Butterball has a network of over 600 family farmers across the country, ensuring a constant supply of turkeys [10] - The company can plan carefully and make adjustments throughout the year to ensure adequate supply [11] - About one-third of Butterball's business revolves around holidays, while the rest is year-round [17] - Butterball is adapting its communication strategies to reach younger consumers who are now making purchasing decisions [18] Industry Challenges & Opportunities - Bird flu has impacted the turkey industry for the last several years, but supply is expected to be adequate for Thanksgiving [12][13] - The federal government has allocated $1 billion to help prevent the spread of bird flu [14] - Turkey is positioned as a healthy and economical protein, fitting well with current dietary trends [19]

Market Analysis & Potential Risks - The report suggests the stock market might follow Bitcoin's path, indicating a potential bursting bubble scenario [1] - A significant drop in the Bitcoin to gold ratio signals potential problems for the market [2][6] - Low stock market volatility coupled with gold outperforming other assets and crude oil collapsing by 20% suggests a global recessionary trajectory [2][3] - Bitcoin has hit a lower low for 11 straight sessions, a record streak, highlighting its technical weakness [3] - The cryptocurrency space is undergoing a correction, with Bitcoin down more than 4% and a sea of red across altcoins [9][10] Technical Indicators & Oversold Conditions - Bitcoin is significantly oversold for a bear market, suggesting a potential bounce [4] - The relative strength index (RSI) for Bitcoin has broken through the 50-day and 200-day moving averages, reaching an index of 22, indicating oversold conditions [7] - A key level for Bitcoin is around 84, with a potential bounce back to 100,000, but the ultimate key level is around 70 [8] Cryptocurrency Market Concerns - The cryptocurrency space needs a purge, especially with joke coins like Dogecoin reaching a market cap of nearly 60 billion USD at its peak [11] - The unlimited supply of cryptocurrencies is causing people to realize that speculative markets need corrections [9][10] - De-risking in the U S stock market could trickle down to the stock market, posing a key risk for the end of the year [12]

I wonder if you think the UK is on its way to being uninvestable. >> The simple answer is yes. Um, no.So, I have a particular perspective. I invest in real in in the business. I'm I'm not a financial investor. I'm a investor in operating businesses.and to operate in the UK. I mean, I was just I I don't particularly like the guy, but I was watching a video by Dominic Cummings about uh the A66 in North England, and there they've got a this is an uh 18 mile stretch of road where they want to move it from singl ...

We did hear from President Trump earlier today. As you mentioned at the top of the program, he says that he's giving Ukraine until Thanksgiving on whether or not it wants to decide to join onto this U.S. Russia led plan, though he himself did concede that his deadlines often shift. Now, I will point out that Ukraine right now is in an incredibly difficult position, as our analysts at Bloomberg Economics say the country is currently facing a trifecta of crises that includes these recent gains by Russia on th ...

>> FUTURES ARE UP AGAIN. AN INCREDIBLE REVERSAL YESTERDAY, I'M MATT MILLER. DANI: I'M DANI BURGER, WILL IT LAST? BLOOMBERG OPEN INTEREST STARTS RIGHT NOW. YESTERDAY'S NVIDIA IN LEAD RALLY PROVED TO BE SHORT-LIVED WITH STOCKS SET FOR ANOTHER DAY OF CHOPPY TRADING AS CRYPTO COLLAPSES. JOHN WILLIAMS RATE CUT MATT: THE GAP ROUNDS OUT A BUSY WEEK OF RETAIL RESULTS POSTING STRONG SALES IN A TOUGH CONSUMER MARKET. THE CEO JOINS US LATER THIS HOUR. DANI: I FEEL LIKE IT'S THIS IRONIC THING WHERE RETAIL IS DOING WELL ...

As 2025 draws to a close, the current bull market is capping its third year—still relatively young by historical standards, but already brimming with unusual and increasingly concerning features: heavy concentration in AI-linked mega-cap tech, a cooling labor market, and above-target inflation. Will 2026 bring these tensions to a head? Presented by @cmegroup https://www.cmegroup.com/openmarkets/quicktake-by-bloomberg.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content ...

Governor, I was with the president this week in the Oval Office and I asked him about the Fed interviews. He says lots of names. We may go the standard way.Quote, "It's nice every once in a while to go politically correct. Out of the names that we know that are being interviewed, who is politically correct?" >> Uh, you know, I don't really know the answer. >> Well, you you worked for the president, so you understand how his mind works. Do you think it means someone that is currently on the board like a Gove ...

Want to dig into all of that and the market reaction this week. Bloomberg's equities reporter, Carmen Reineke, who has been across this story day in and day out. Carmen.Why are we seeing this ongoing pressure on some of the biggest winners. Yeah, it's really interesting in like what a week it's been, right. You know, we have Nvidia with this blowout earnings report and then two down days immediately following it.Really what it seemed what seems to be happening is there are so many macro pressures on the mar ...