Welcome to Crash Course, a podcast about business, political, and social disruption and what we can learn from it.

I'm Tim O'Brien. Every week on Crash Course, I'm going to bring listeners directly into the arenas where epic upheavals occur and

I'm going to explore the lessons we can learn when creativity and ambition collide

with competition and power.

Listen to Crash Course every Tuesday on the IHeartRadio app, Apple Podcasts,

or wherever you get your podcasts.

This is

is Bloomberg Surveillance. I think that the world's markets and global economies are maturing.

There are numerous peaks I see.

By raising rates, that that would be signaling to everybody, businesses, individuals,

everybody, that the economy is in better shape and normalizing.

The problem with low interest rates as a stimulus, it puts all a focus on the benefits of borrowing

and takes away focus from the benefits of saving.

Bloomberg surveillance, your link to the world of economics, finance and investment on Bloomberg Radio.

Good morning.

It is 7 a.m. on Wall Street.

I'm Michael McKee, along with Tom Keene.

It's 7 PM in Manila.

Congratulations to Tough talking Rodrigo Duterte.

He wins the presidency there.

They call him Duterte Harry.

He's a guy who has threatened to bring the hammer down on crime in the Philippines.

...