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<!DOCTYPE html> <html xmlns:og="http://ogp.me/ns#" lang="en" data-view-uid="0"><head><script type="text/javascript" src="/_static/js/bundle-playback.js?v=HxkREWBo" charset="utf-8"></script> <script type="text/javascript" src="/_static/js/wombat.js?v=txqj7nKC" charset="utf-8"></script> <script>window.RufflePlayer=window.RufflePlayer||{};window.RufflePlayer.config={"autoplay":"on","unmuteOverlay":"hidden"};</script> <script type="text/javascript" src="/_static/js/ruffle/ruffle.js"></script> <script type="text/javascript"> __wm.init("https://web.archive.org/web"); __wm.wombat("https://www.bloomberg.com/podcasts/what_goes_up","20210902034101","https://web.archive.org/","web","/_static/", "1630554061"); </script> <link rel="stylesheet" type="text/css" href="/_static/css/banner-styles.css?v=S1zqJCYt" /> <link rel="stylesheet" type="text/css" href="/_static/css/iconochive.css?v=3PDvdIFv" /> <!-- End Wayback Rewrite JS Include --> <base href="https://web.archive.org/web/20210902034101/https://www.bloomberg.com/"> <meta charset="utf-8"> <title>Bloomberg</title> <meta http-equiv="X-UA-Compatible" content="IE=11,10,9"> <script type="text/javascript"> /* GDPR Stub file */ !function () { var e = function () { var e, t = "__tcfapiLocator", a = [], n = window; for (; n;) { try { if (n.frames[t]) { e = n; break } } catch (e) { } if (n === window.top) break; n = n.parent } e || (!function e() { var a = n.document, r = !!n.frames[t]; if (!r) if (a.body) { var i = a.createElement("iframe"); i.style.cssText = "display:none", i.name = t, a.body.appendChild(i) } else setTimeout(e, 5); return !r }(), n.__tcfapi = function () { for (var e, t = arguments.length, n = new Array(t), r = 0; r < t; r++)n[r] = arguments[r]; if (!n.length) return a; if ("setGdprApplies" === n[0]) n.length > 3 && 2 === parseInt(n[1], 10) && "boolean" == typeof n[3] && (e = n[3], "function" == typeof n[2] && n[2]("set", !0)); else if ("ping" === n[0]) { var i = { gdprApplies: e, cmpLoaded: !1, cmpStatus: "stub" }; "function" == typeof n[2] && n[2](i) } else a.push(n) }, n.addEventListener("message", (function (e) { var t = "string" == typeof e.data, a = {}; try { a = t ? 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if (!navigator.sendBeacon) return; navigator.sendBeacon("/javelin/api/cmp_tracker", new Blob([JSON.stringify({ url: window.location.href, event: "sourcepoint_cmp_error", message: error.message, userAgent: navigator.userAgent, timeElapsed: (Date.now() - trackerTimeStart) / 1000 })], { type: "application/json" })); } }); /* Listens for GDPR/CCPA consent events and injects proper footer link */ waitForConsent({ onGDPR: function () { waitForDOM(function () { injectCmpLink(GDPR_FOOTER_LABELS, function () { window._sp_.loadPrivacyManagerModal(SOURCEPOINT_GDPR_PRIVACY_MANAGER_ID); }); }); }, onCCPA: function () { waitForDOM(function () { injectCmpLink(CCPA_FOOTER_LABELS, function () { window._sp_ccpa.loadPrivacyManagerModal(null, SOURCEPOINT_CCPA_PRIVACY_MANAGER_ID); }); }); }, once: true }); window.addEventListener("beforeunload", function () { if (!navigator.sendBeacon) return; if (!sourcepointCMPLoaded || !wasGtmDomEventPushed() || !didGoogletagLoadStart()) { navigator.sendBeacon("/javelin/api/cmp_tracker", new Blob([JSON.stringify({ url: window.location.href, event: "integration_load_anomaly", userAgent: navigator.userAgent, sourcepointCMPLoaded: sourcepointCMPLoaded, gtmDom: wasGtmDomEventPushed(), gtmLoad: wasGtmLoadEventPushed(), googletagLoadStart: didGoogletagLoadStart(), message: "See attached metadata", timeElapsed: (Date.now() - trackerTimeStart) / 1000 })], { type: "application/json" })); 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href="https://web.archive.org/web/20210902034101/https://www.bloomberg.com/professional/contact-menu/?utm_source=bloomberg-menu&amp;utm_medium=bcom&amp;bbgsum=DG-WS-PROF-DEMO-bbgmenu" data-element="tophat-link" data-description="Bloomberg Terminal Demo Request" data-label="bcom">Bloomberg Terminal Demo Request</a><a class="bb-that-header__link" href="https://web.archive.org/web/20210902034101/https://bba.bloomberg.net/?utm_source=bloomberg-menu&amp;utm_medium=bcom" data-element="tophat-link" data-description="Bloomberg Anywhere Remote Login" data-label="bcom"><span>Bloomberg Anywhere Remote Login</span><span>Bloomberg Anywhere Login</span></a><a class="bb-that-header__link" href="https://web.archive.org/web/20210902034101/https://www.bloomberg.com/professional/support/?utm_source=bloomberg-menu&amp;utm_medium=bcom" data-element="tophat-link" data-description="Bloomberg Customer Support" data-label="bcom"><span>Bloomberg Customer Support</span><span>Customer Support</span></a> </div> <div id="bb-that--container" class="bb-that__sitemap bb-that--container" tabindex="-1" role="dialog"> <ul class="bb-that__sitemap-sections bb-that--visible-md bb-that--visible-lg"> <li class="bb-that__col bb-that__col--md"> <section class="bb-that-category"> <h3 id="that-list--bloomberg--1" class="bb-that-category__title">Bloomberg</h3><div class="bb-that-category__content"><p class="bb-that-category__text">Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.</p></div></section> <section class="bb-that-category"> <h3 id="that-list--for_customers--2" class="bb-that-category__title">For Customers</h3><ul class="bb-that-category__content" aria-labelledby="that-list--for_customers--2"><li class="bb-that-category__item"><a class="bb-that-category__link" href="https://web.archive.org/web/20210902034101/https://bba.bloomberg.net/?utm_source=bloomberg-menu&amp;utm_medium=bcom" data-element="tophat-link" data-description="Bloomberg Anywhere Remote Login" data-label="bcom" tabindex="0">Bloomberg Anywhere Remote Login</a></li><li class="bb-that-category__item"><a class="bb-that-category__link" href="https://web.archive.org/web/20210902034101/https://www.bloomberg.com/professional/downloads/?utm_source=bloomberg-menu&amp;utm_medium=bcom" data-element="tophat-link" data-description="Software Updates" data-label="bcom" tabindex="0">Software Updates</a></li><li class="bb-that-category__item"><a class="bb-that-category__link" href="https://web.archive.org/web/20210902034101/https://service.bloomberg.com/portal/sessions/new?utm_source=bloomberg-menu&amp;utm_medium=bcom" data-element="tophat-link" data-description="Manage Products and Account Information" data-label="bcom" tabindex="0">Manage Products and Account Information</a></li></ul></section> <section class="bb-that-category"> <h3 id="that-list--support--3" class="bb-that-category__title">Support</h3><div class="bb-that-category__content"><p class="bb-that-category__text"><span>Americas</span>+1 212 318 2000</p><p class="bb-that-category__text"><span>EMEA</span>+44 20 7330 7500</p><p class="bb-that-category__text"><span>Asia Pacific</span>+65 6212 1000</p></div></section> </li> <li class="bb-that__col bb-that__col--md"> <section class="bb-that-category"> <h3 id="that-list--company--4" class="bb-that-category__title">Company</h3><ul class="bb-that-category__content" aria-labelledby="that-list--company--4"><li class="bb-that-category__item"><a class="bb-that-category__link" href="https://web.archive.org/web/20210902034101/https://www.bloomberg.com/company/?utm_source=bloomberg-menu&amp;utm_medium=bcom" data-element="tophat-link" data-description="About" data-label="bcom" tabindex="0">About</a></li><li class="bb-that-category__item"><a class="bb-that-category__link" href="https://web.archive.org/web/20210902034101/https://www.bloomberg.com/company/what-we-do/?utm_source=bloomberg-menu&amp;utm_medium=bcom" data-element="tophat-link" data-description="Careers" data-label="bcom" tabindex="0">Careers</a></li><li class="bb-that-category__item"><a class="bb-that-category__link" href="https://web.archive.org/web/20210902034101/https://www.bloomberg.com/company/diversity-inclusion/?utm_source=bloomberg-menu&amp;utm_medium=bcom" data-element="tophat-link" data-description="Diversity and Inclusion" data-label="bcom" tabindex="0">Diversity and Inclusion</a></li><li class="bb-that-category__item"><a class="bb-that-category__link" href="https://web.archive.org/web/20210902034101/https://www.bloomberg.com/company/innovation/?utm_source=bloomberg-menu&amp;utm_medium=bcom" data-element="tophat-link" data-description="Innovation" data-label="bcom" tabindex="0">Innovation</a></li><li class="bb-that-category__item"><a class="bb-that-category__link" href="https://web.archive.org/web/20210902034101/https://www.bloomberg.com/company/philanthropy/?utm_source=bloomberg-menu&amp;utm_medium=bcom" data-element="tophat-link" data-description="Philanthropy" data-label="bcom" tabindex="0">Philanthropy</a></li><li class="bb-that-category__item"><a class="bb-that-category__link" href="https://web.archive.org/web/20210902034101/https://www.bloomberg.com/company/sustainability/?utm_source=bloomberg-menu&amp;utm_medium=bcom" data-element="tophat-link" data-description="Sustainability" data-label="bcom" tabindex="0">Sustainability</a></li><li class="bb-that-category__item"><a class="bb-that-category__link" href="https://web.archive.org/web/20210902034101/https://www.bloomberg.com/london/?utm_source=bloomberg-menu&amp;utm_medium=bcom" data-element="tophat-link" data-description="Bloomberg London" data-label="bcom" tabindex="0">Bloomberg London</a></li><li class="bb-that-category__item"><a class="bb-that-category__link" href="https://web.archive.org/web/20210902034101/https://www.bloomberg.com/company/beta/?utm_source=bloomberg-menu&amp;utm_medium=bcom" data-element="tophat-link" data-description="Bloomberg Beta" data-label="bcom" tabindex="0">Bloomberg Beta</a></li><li class="bb-that-category__item"><a class="bb-that-category__link" href="https://web.archive.org/web/20210902034101/https://www.bloomberg.com/gei?utm_source=bloomberg-menu&amp;utm_medium=bcom" data-element="tophat-link" data-description="Gender-Equality Index" data-label="bcom" tabindex="0">Gender-Equality Index</a></li></ul></section> <section class="bb-that-category"> <h3 id="that-list--communications--5" class="bb-that-category__title">Communications</h3><ul class="bb-that-category__content" aria-labelledby="that-list--communications--5"><li class="bb-that-category__item"><a class="bb-that-category__link" href="https://web.archive.org/web/20210902034101/https://www.bloomberg.com/company/announcements/?utm_source=bloomberg-menu&amp;utm_medium=bcom" data-element="tophat-link" data-description="Press Announcements" data-label="bcom" tabindex="0">Press Announcements</a></li><li class="bb-that-category__item"><a class="bb-that-category__link" href="https://web.archive.org/web/20210902034101/https://www.bloomberg.com/company/press-contacts/?utm_source=bloomberg-menu&amp;utm_medium=bcom" data-element="tophat-link" data-description="Press Contacts" data-label="bcom" tabindex="0">Press Contacts</a></li></ul></section> <section class="bb-that-category"> <h3 id="that-list--follow--6" class="bb-that-category__title">Follow</h3><ul class="bb-that-category__content" aria-labelledby="that-list--follow--6"><li class="bb-that-category__item"><a href="https://web.archive.org/web/20210902034101/https://www.facebook.com/Bloomberglp" class="bb-that-category__social-link bb-that--icon-facebook" data-element="tophat-link" data-description="Facebook" data-label="bcom" target="_blank" rel="noopener" tabindex="0">Facebook</a></li><li class="bb-that-category__item"><a href="https://web.archive.org/web/20210902034101/https://twitter.com/bloomberg" class="bb-that-category__social-link bb-that--icon-twitter" data-element="tophat-link" data-description="Twitter" data-label="bcom" target="_blank" rel="noopener" tabindex="0">Twitter</a></li><li class="bb-that-category__item"><a href="https://web.archive.org/web/20210902034101/https://www.linkedin.com/company/2494" class="bb-that-category__social-link bb-that--icon-linkedin" data-element="tophat-link" data-description="LinkedIn" data-label="bcom" target="_blank" rel="noopener" tabindex="0">LinkedIn</a></li><li class="bb-that-category__item"><a href="https://web.archive.org/web/20210902034101/https://www.instagram.com/bloomberg/" class="bb-that-category__social-link bb-that--icon-instagram" data-element="tophat-link" data-description="Instagram" data-label="bcom" target="_blank" rel="noopener" tabindex="0">Instagram</a></li></ul></section> </li> <li class="bb-that__col bb-that__col--md"> <section class="bb-that-category"> <h3 id="that-list--products--7" class="bb-that-category__title">Products</h3><ul class="bb-that-category__content" aria-labelledby="that-list--products--7"><li class="bb-that-category__item"><a class="bb-that-category__link" href="https://web.archive.org/web/20210902034101/https://www.bloomberg.com/professional/solution/bloomberg-terminal/?utm_source=bloomberg-menu&amp;utm_medium=bcom&amp;bbgsum=DG-WS-PROF-SOLU-TERMINAL-bbgmenu" data-element="tophat-link" data-description="Bloomberg Terminal" data-label="bcom" tabindex="0">Bloomberg Terminal</a></li><li class="bb-that-category__item"><a class="bb-that-category__link" href="https://web.archive.org/web/20210902034101/https://www.bloomberg.com/professional/solution/execution-order-management/?utm_source=bloomberg-menu&amp;utm_medium=bcom&amp;bbgsum=DG-WS-PROF-SOLU-EXORDMGMT-bbgmenu" data-element="tophat-link" data-description="Execution and Order Management" data-label="bcom" tabindex="0">Execution and Order Management</a></li><li class="bb-that-category__item"><a class="bb-that-category__link" href="https://web.archive.org/web/20210902034101/https://www.bloomberg.com/professional/solution/data-and-content/?utm_source=bloomberg-menu&amp;utm_medium=bcom&amp;bbgsum=DG-WS-PROF-SOLU-DATACONT-bbgmenu" data-element="tophat-link" data-description="Content and Data" data-label="bcom" tabindex="0">Content and Data</a></li><li class="bb-that-category__item"><a class="bb-that-category__link" href="https://web.archive.org/web/20210902034101/https://www.bloomberg.com/professional/solution/financial-data-management/?utm_source=bloomberg-menu&amp;utm_medium=bcom&amp;bbgsum=DG-WS-PROF-SOLU-FINDATA-bbgmenu" data-element="tophat-link" data-description="Financial Data Management" data-label="bcom" tabindex="0">Financial Data Management</a></li><li class="bb-that-category__item"><a class="bb-that-category__link" href="https://web.archive.org/web/20210902034101/https://www.bloomberg.com/professional/solution/integration-and-distribution/?utm_source=bloomberg-menu&amp;utm_medium=bcom&amp;bbgsum=DG-WS-PROF-SOLU-INTEGDIST-bbgmenu" data-element="tophat-link" data-description="Integration and Distribution" data-label="bcom" tabindex="0">Integration and Distribution</a></li><li class="bb-that-category__item"><a class="bb-that-category__link" href="https://web.archive.org/web/20210902034101/https://www.bloomberg.com/professional/solution/tradebook/?utm_source=bloomberg-menu&amp;utm_medium=bcom&amp;bbgsum=DG-WS-PROF-SOLU-TBOOK-bbgmenu" data-element="tophat-link" data-description="Bloomberg Tradebook" data-label="bcom" tabindex="0">Bloomberg Tradebook</a></li></ul></section> <section class="bb-that-category"> <h3 id="that-list--industry_products--8" class="bb-that-category__title">Industry Products</h3><ul class="bb-that-category__content" aria-labelledby="that-list--industry_products--8"><li class="bb-that-category__item"><a class="bb-that-category__link" href="https://web.archive.org/web/20210902034101/https://pro.bloomberglaw.com/?utm_source=bloomberg-menu&amp;utm_medium=bcom" data-element="tophat-link" data-description="Bloomberg Law" data-label="bcom" tabindex="0">Bloomberg Law</a></li><li class="bb-that-category__item"><a class="bb-that-category__link" href="https://web.archive.org/web/20210902034101/https://pro.bloombergtax.com/?utm_source=bloomberg-menu&amp;utm_medium=bcom" data-element="tophat-link" data-description="Bloomberg Tax" data-label="bcom" tabindex="0">Bloomberg Tax</a></li><li class="bb-that-category__item"><a class="bb-that-category__link" href="https://web.archive.org/web/20210902034101/https://about.bgov.com/?utm_source=bloomberg-menu&amp;utm_medium=bcom" data-element="tophat-link" data-description="Bloomberg Government" data-label="bcom" tabindex="0">Bloomberg Government</a></li><li class="bb-that-category__item"><a class="bb-that-category__link" href="https://web.archive.org/web/20210902034101/https://about.bnef.com/?utm_source=bloomberg-menu&amp;utm_medium=bcom" data-element="tophat-link" data-description="BloombergNEF" data-label="bcom" tabindex="0">BloombergNEF</a></li></ul></section> </li> <li class="bb-that__col bb-that__col--md"> <section class="bb-that-category"> <h3 id="that-list--media--9" class="bb-that-category__title">Media</h3><ul class="bb-that-category__content" aria-labelledby="that-list--media--9"><li class="bb-that-category__item"><a class="bb-that-category__link" href="https://web.archive.org/web/20210902034101/https://www.bloomberg.com/markets/?utm_source=bloomberg-menu&amp;utm_medium=bcom" data-element="tophat-link" data-description="Bloomberg Markets" data-label="bcom" tabindex="0">Bloomberg Markets</a></li><li class="bb-that-category__item"><a class="bb-that-category__link" href="https://web.archive.org/web/20210902034101/https://www.bloomberg.com/technology/?utm_source=bloomberg-menu&amp;utm_medium=bcom" data-element="tophat-link" data-description="Bloomberg Technology" data-label="bcom" tabindex="0">Bloomberg Technology</a></li><li class="bb-that-category__item"><a class="bb-that-category__link" href="https://web.archive.org/web/20210902034101/https://www.bloomberg.com/pursuits/?utm_source=bloomberg-menu&amp;utm_medium=bcom" data-element="tophat-link" data-description="Bloomberg Pursuits" data-label="bcom" tabindex="0">Bloomberg Pursuits</a></li><li class="bb-that-category__item"><a class="bb-that-category__link" href="https://web.archive.org/web/20210902034101/https://www.bloomberg.com/politics/?utm_source=bloomberg-menu&amp;utm_medium=bcom" data-element="tophat-link" data-description="Bloomberg Politics" data-label="bcom" tabindex="0">Bloomberg Politics</a></li><li class="bb-that-category__item"><a class="bb-that-category__link" href="https://web.archive.org/web/20210902034101/https://www.bloomberg.com/opinion/?utm_source=bloomberg-menu&amp;utm_medium=bcom" data-element="tophat-link" data-description="Bloomberg Opinion" data-label="bcom" tabindex="0">Bloomberg Opinion</a></li><li class="bb-that-category__item"><a class="bb-that-category__link" href="https://web.archive.org/web/20210902034101/https://www.bloomberg.com/businessweek/?utm_source=bloomberg-menu&amp;utm_medium=bcom" data-element="tophat-link" data-description="Bloomberg Businessweek" data-label="bcom" tabindex="0">Bloomberg Businessweek</a></li><li class="bb-that-category__item"><a class="bb-that-category__link" href="https://web.archive.org/web/20210902034101/https://www.bloomberglive.com/?utm_source=bloomberg-menu&amp;utm_medium=bcom" data-element="tophat-link" data-description="Bloomberg Live Conferences" data-label="bcom" tabindex="0">Bloomberg Live Conferences</a></li><li class="bb-that-category__item"><a class="bb-that-category__link" href="https://web.archive.org/web/20210902034101/https://www.bloombergapps.com/?utm_source=bloomberg-menu&amp;utm_medium=bcom" data-element="tophat-link" data-description="Bloomberg Apps" data-label="bcom" tabindex="0">Bloomberg Apps</a></li><li class="bb-that-category__item"><a class="bb-that-category__link" href="https://web.archive.org/web/20210902034101/https://www.bloombergradio.com/?utm_source=bloomberg-menu&amp;utm_medium=bcom" data-element="tophat-link" data-description="Bloomberg Radio" data-label="bcom" tabindex="0">Bloomberg Radio</a></li><li class="bb-that-category__item"><a class="bb-that-category__link" href="https://web.archive.org/web/20210902034101/https://www.bloomberg.com/live?utm_source=bloomberg-menu&amp;utm_medium=bcom" data-element="tophat-link" data-description="Bloomberg Television" data-label="bcom" tabindex="0">Bloomberg Television</a></li><li class="bb-that-category__item"><a class="bb-that-category__link" href="https://web.archive.org/web/20210902034101/https://www.bloomberg.com/company/news-bureaus/?utm_source=bloomberg-menu&amp;utm_medium=bcom" data-element="tophat-link" data-description="News Bureaus" data-label="bcom" tabindex="0">News Bureaus</a></li></ul></section> <section class="bb-that-category"> <h3 id="that-list--media_services--10" class="bb-that-category__title">Media Services</h3><ul class="bb-that-category__content" aria-labelledby="that-list--media_services--10"><li class="bb-that-category__item"><a class="bb-that-category__link" href="https://web.archive.org/web/20210902034101/https://www.bloomberg.com/distribution?utm_source=bloomberg-menu&amp;utm_medium=bcom" data-element="tophat-link" data-description="Bloomberg Media Distribution" data-label="bcom" tabindex="0">Bloomberg Media Distribution</a></li><li class="bb-that-category__item"><a class="bb-that-category__link" href="https://web.archive.org/web/20210902034101/https://www.bloombergmedia.com/?utm_source=bloomberg-menu&amp;utm_medium=bcom" data-element="tophat-link" data-description="Advertising" data-label="bcom" tabindex="0">Advertising</a></li></ul></section> </li> </ul> <ul class="bb-that__sitemap-sections bb-that--visible-sm"> <li class="bb-that__col bb-that__col--sm"> <section class="bb-that-category"> <h3 id="that-list--company--11" class="bb-that-category__title">Company</h3><ul class="bb-that-category__content" aria-labelledby="that-list--company--11"><li class="bb-that-category__item"><a class="bb-that-category__link" href="https://web.archive.org/web/20210902034101/https://www.bloomberg.com/company/?utm_source=bloomberg-menu&amp;utm_medium=bcom" data-element="tophat-link" data-description="About" data-label="bcom" tabindex="0">About</a></li><li class="bb-that-category__item"><a class="bb-that-category__link" href="https://web.archive.org/web/20210902034101/https://www.bloomberg.com/company/what-we-do/?utm_source=bloomberg-menu&amp;utm_medium=bcom" data-element="tophat-link" data-description="Careers" data-label="bcom" tabindex="0">Careers</a></li><li class="bb-that-category__item"><a class="bb-that-category__link" href="https://web.archive.org/web/20210902034101/https://www.bloomberg.com/company/diversity-inclusion/?utm_source=bloomberg-menu&amp;utm_medium=bcom" data-element="tophat-link" data-description="Diversity and Inclusion" data-label="bcom" tabindex="0">Diversity and Inclusion</a></li><li class="bb-that-category__item"><a class="bb-that-category__link" href="https://web.archive.org/web/20210902034101/https://www.bloomberg.com/company/innovation/?utm_source=bloomberg-menu&amp;utm_medium=bcom" data-element="tophat-link" data-description="Innovation" data-label="bcom" tabindex="0">Innovation</a></li><li class="bb-that-category__item"><a class="bb-that-category__link" href="https://web.archive.org/web/20210902034101/https://www.bloomberg.com/company/philanthropy/?utm_source=bloomberg-menu&amp;utm_medium=bcom" data-element="tophat-link" data-description="Philanthropy" data-label="bcom" tabindex="0">Philanthropy</a></li><li class="bb-that-category__item"><a class="bb-that-category__link" href="https://web.archive.org/web/20210902034101/https://www.bloomberg.com/company/sustainability/?utm_source=bloomberg-menu&amp;utm_medium=bcom" data-element="tophat-link" data-description="Sustainability" data-label="bcom" tabindex="0">Sustainability</a></li><li class="bb-that-category__item"><a class="bb-that-category__link" href="https://web.archive.org/web/20210902034101/https://www.bloomberg.com/london/?utm_source=bloomberg-menu&amp;utm_medium=bcom" data-element="tophat-link" data-description="Bloomberg London" data-label="bcom" tabindex="0">Bloomberg London</a></li><li class="bb-that-category__item"><a class="bb-that-category__link" href="https://web.archive.org/web/20210902034101/https://www.bloomberg.com/company/beta/?utm_source=bloomberg-menu&amp;utm_medium=bcom" data-element="tophat-link" data-description="Bloomberg Beta" data-label="bcom" tabindex="0">Bloomberg Beta</a></li><li class="bb-that-category__item"><a class="bb-that-category__link" href="https://web.archive.org/web/20210902034101/https://www.bloomberg.com/gei?utm_source=bloomberg-menu&amp;utm_medium=bcom" data-element="tophat-link" data-description="Gender-Equality Index" data-label="bcom" tabindex="0">Gender-Equality Index</a></li></ul></section> <section class="bb-that-category"> <h3 id="that-list--communications--12" class="bb-that-category__title">Communications</h3><ul class="bb-that-category__content" aria-labelledby="that-list--communications--12"><li class="bb-that-category__item"><a class="bb-that-category__link" href="https://web.archive.org/web/20210902034101/https://www.bloomberg.com/company/announcements/?utm_source=bloomberg-menu&amp;utm_medium=bcom" data-element="tophat-link" data-description="Press Announcements" data-label="bcom" tabindex="0">Press Announcements</a></li><li class="bb-that-category__item"><a class="bb-that-category__link" href="https://web.archive.org/web/20210902034101/https://www.bloomberg.com/company/press-contacts/?utm_source=bloomberg-menu&amp;utm_medium=bcom" data-element="tophat-link" data-description="Press Contacts" data-label="bcom" tabindex="0">Press Contacts</a></li></ul></section> <section class="bb-that-category"> <h3 id="that-list--follow--13" class="bb-that-category__title">Follow</h3><ul class="bb-that-category__content" aria-labelledby="that-list--follow--13"><li class="bb-that-category__item"><a href="https://web.archive.org/web/20210902034101/https://www.facebook.com/Bloomberglp" class="bb-that-category__social-link bb-that--icon-facebook" data-element="tophat-link" data-description="Facebook" data-label="bcom" target="_blank" rel="noopener" tabindex="0">Facebook</a></li><li class="bb-that-category__item"><a href="https://web.archive.org/web/20210902034101/https://twitter.com/bloomberg" class="bb-that-category__social-link bb-that--icon-twitter" data-element="tophat-link" data-description="Twitter" data-label="bcom" target="_blank" rel="noopener" tabindex="0">Twitter</a></li><li class="bb-that-category__item"><a href="https://web.archive.org/web/20210902034101/https://www.linkedin.com/company/2494" class="bb-that-category__social-link bb-that--icon-linkedin" data-element="tophat-link" data-description="LinkedIn" data-label="bcom" target="_blank" rel="noopener" tabindex="0">LinkedIn</a></li><li class="bb-that-category__item"><a href="https://web.archive.org/web/20210902034101/https://www.instagram.com/bloomberg/" class="bb-that-category__social-link bb-that--icon-instagram" data-element="tophat-link" data-description="Instagram" data-label="bcom" target="_blank" rel="noopener" tabindex="0">Instagram</a></li></ul></section> </li> <li class="bb-that__col bb-that__col--sm"> <section class="bb-that-category"> <h3 id="that-list--products--14" class="bb-that-category__title">Products</h3><ul class="bb-that-category__content" aria-labelledby="that-list--products--14"><li class="bb-that-category__item"><a class="bb-that-category__link" href="https://web.archive.org/web/20210902034101/https://www.bloomberg.com/professional/solution/bloomberg-terminal/?utm_source=bloomberg-menu&amp;utm_medium=bcom&amp;bbgsum=DG-WS-PROF-SOLU-TERMINAL-bbgmenu" data-element="tophat-link" data-description="Bloomberg Terminal" data-label="bcom" tabindex="0">Bloomberg Terminal</a></li><li class="bb-that-category__item"><a class="bb-that-category__link" href="https://web.archive.org/web/20210902034101/https://www.bloomberg.com/professional/solution/execution-order-management/?utm_source=bloomberg-menu&amp;utm_medium=bcom&amp;bbgsum=DG-WS-PROF-SOLU-EXORDMGMT-bbgmenu" data-element="tophat-link" data-description="Execution and[br] Order Management" data-label="bcom" tabindex="0">Execution and<br> Order Management</a></li><li class="bb-that-category__item"><a class="bb-that-category__link" href="https://web.archive.org/web/20210902034101/https://www.bloomberg.com/professional/solution/data-and-content/?utm_source=bloomberg-menu&amp;utm_medium=bcom&amp;bbgsum=DG-WS-PROF-SOLU-DATACONT-bbgmenu" data-element="tophat-link" data-description="Content and Data" data-label="bcom" tabindex="0">Content and Data</a></li><li class="bb-that-category__item"><a class="bb-that-category__link" href="https://web.archive.org/web/20210902034101/https://www.bloomberg.com/professional/solution/financial-data-management/?utm_source=bloomberg-menu&amp;utm_medium=bcom&amp;bbgsum=DG-WS-PROF-SOLU-FINDATA-bbgmenu" data-element="tophat-link" data-description="Financial Data[br] Management" data-label="bcom" tabindex="0">Financial Data<br> Management</a></li><li class="bb-that-category__item"><a class="bb-that-category__link" href="https://web.archive.org/web/20210902034101/https://www.bloomberg.com/professional/solution/integration-and-distribution/?utm_source=bloomberg-menu&amp;utm_medium=bcom&amp;bbgsum=DG-WS-PROF-SOLU-INTEGDIST-bbgmenu" data-element="tophat-link" data-description="Integration and[br] Distribution" data-label="bcom" tabindex="0">Integration and<br> Distribution</a></li><li class="bb-that-category__item"><a class="bb-that-category__link" href="https://web.archive.org/web/20210902034101/https://www.bloomberg.com/professional/solution/tradebook/?utm_source=bloomberg-menu&amp;utm_medium=bcom&amp;bbgsum=DG-WS-PROF-SOLU-TBOOK-bbgmenu" data-element="tophat-link" data-description="Bloomberg[br] Tradebook" data-label="bcom" tabindex="0">Bloomberg<br> Tradebook</a></li></ul></section> <section class="bb-that-category"> <h3 id="that-list--industry_products--15" class="bb-that-category__title">Industry Products</h3><ul class="bb-that-category__content" aria-labelledby="that-list--industry_products--15"><li class="bb-that-category__item"><a class="bb-that-category__link" href="https://web.archive.org/web/20210902034101/https://pro.bloomberglaw.com/?utm_source=bloomberg-menu&amp;utm_medium=bcom" data-element="tophat-link" data-description="Bloomberg Law" data-label="bcom" tabindex="0">Bloomberg Law</a></li><li class="bb-that-category__item"><a class="bb-that-category__link" href="https://web.archive.org/web/20210902034101/https://pro.bloombergtax.com/?utm_source=bloomberg-menu&amp;utm_medium=bcom" data-element="tophat-link" data-description="Bloomberg Tax" data-label="bcom" tabindex="0">Bloomberg Tax</a></li><li class="bb-that-category__item"><a class="bb-that-category__link" href="https://web.archive.org/web/20210902034101/https://about.bgov.com/?utm_source=bloomberg-menu&amp;utm_medium=bcom" data-element="tophat-link" data-description="Bloomberg Government" data-label="bcom" tabindex="0">Bloomberg Government</a></li><li class="bb-that-category__item"><a class="bb-that-category__link" href="https://web.archive.org/web/20210902034101/https://pro.bloombergenvironment.com/?utm_source=bloomberg-menu&amp;utm_medium=bcom" data-element="tophat-link" data-description="Bloomberg Environment" data-label="bcom" tabindex="0">Bloomberg Environment</a></li><li class="bb-that-category__item"><a class="bb-that-category__link" 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href="https://web.archive.org/web/20210902034101/https://www.bloomberg.com/opinion/?utm_source=bloomberg-menu&amp;utm_medium=bcom" data-element="tophat-link" data-description="Bloomberg Opinion" data-label="bcom" tabindex="0">Bloomberg Opinion</a></li><li class="bb-that-category__item"><a class="bb-that-category__link" href="https://web.archive.org/web/20210902034101/https://www.bloomberg.com/businessweek/?utm_source=bloomberg-menu&amp;utm_medium=bcom" data-element="tophat-link" data-description="Bloomberg[br] Businessweek" data-label="bcom" tabindex="0">Bloomberg<br> Businessweek</a></li><li class="bb-that-category__item"><a class="bb-that-category__link" href="https://web.archive.org/web/20210902034101/https://www.bloomberglive.com/?utm_source=bloomberg-menu&amp;utm_medium=bcom" data-element="tophat-link" data-description="Bloomberg Live Conferences" data-label="bcom" tabindex="0">Bloomberg Live Conferences</a></li><li class="bb-that-category__item"><a class="bb-that-category__link" href="https://web.archive.org/web/20210902034101/https://www.bloombergapps.com/?utm_source=bloomberg-menu&amp;utm_medium=bcom" data-element="tophat-link" data-description="Bloomberg Apps" data-label="bcom" tabindex="0">Bloomberg Apps</a></li><li class="bb-that-category__item"><a class="bb-that-category__link" href="https://web.archive.org/web/20210902034101/https://www.bloombergradio.com/?utm_source=bloomberg-menu&amp;utm_medium=bcom" data-element="tophat-link" data-description="Bloomberg Radio" data-label="bcom" tabindex="0">Bloomberg Radio</a></li><li class="bb-that-category__item"><a class="bb-that-category__link" href="https://web.archive.org/web/20210902034101/https://www.bloomberg.com/live?utm_source=bloomberg-menu&amp;utm_medium=bcom" data-element="tophat-link" data-description="Bloomberg Television" data-label="bcom" tabindex="0">Bloomberg Television</a></li><li class="bb-that-category__item"><a class="bb-that-category__link" href="https://web.archive.org/web/20210902034101/https://www.bloomberg.com/company/news-bureaus/?utm_source=bloomberg-menu&amp;utm_medium=bcom" data-element="tophat-link" data-description="News Bureaus" data-label="bcom" tabindex="0">News Bureaus</a></li></ul></section> <section class="bb-that-category"> <h3 id="that-list--media_services--17" class="bb-that-category__title">Media Services</h3><ul class="bb-that-category__content" aria-labelledby="that-list--media_services--17"><li class="bb-that-category__item"><a class="bb-that-category__link" href="https://web.archive.org/web/20210902034101/https://www.bloomberg.com/distribution?utm_source=bloomberg-menu&amp;utm_medium=bcom" data-element="tophat-link" data-description="Bloomberg Media Distribution" data-label="bcom" tabindex="0">Bloomberg Media Distribution</a></li><li class="bb-that-category__item"><a class="bb-that-category__link" href="https://web.archive.org/web/20210902034101/https://www.bloombergmedia.com/?utm_source=bloomberg-menu&amp;utm_medium=bcom" data-element="tophat-link" data-description="Advertising" data-label="bcom" tabindex="0">Advertising</a></li></ul></section> </li> <li class="bb-that__col bb-that__col--sm"> <section class="bb-that-category"> <h3 id="that-list--bloomberg--18" class="bb-that-category__title">Bloomberg</h3><div class="bb-that-category__content"><p class="bb-that-category__text">Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.</p></div></section> <section class="bb-that-category"> <h3 id="that-list--for_customers--19" class="bb-that-category__title">For Customers</h3><ul class="bb-that-category__content" aria-labelledby="that-list--for_customers--19"><li class="bb-that-category__item"><a class="bb-that-category__link" href="https://web.archive.org/web/20210902034101/https://bba.bloomberg.net/?utm_source=bloomberg-menu&amp;utm_medium=bcom" data-element="tophat-link" data-description="Bloomberg Anywhere Remote Login" data-label="bcom" tabindex="0">Bloomberg Anywhere Remote Login</a></li><li class="bb-that-category__item"><a class="bb-that-category__link" href="https://web.archive.org/web/20210902034101/https://www.bloomberg.com/professional/downloads/?utm_source=bloomberg-menu&amp;utm_medium=bcom" data-element="tophat-link" data-description="Software Updates" data-label="bcom" tabindex="0">Software Updates</a></li><li class="bb-that-category__item"><a class="bb-that-category__link" href="https://web.archive.org/web/20210902034101/https://service.bloomberg.com/portal/sessions/new?utm_source=bloomberg-menu&amp;utm_medium=bcom" data-element="tophat-link" data-description="Manage Contracts and Orders" data-label="bcom" tabindex="0">Manage Contracts and Orders</a></li></ul></section> <section 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href="/web/20210902034101/https://www.bloomberg.com/series/daybreak-americas">Daybreak</a></li><li class="navi-submenu__item" role="listitem" tabindex="-1"><a tabindex="-1" class="navi-submenu__link" href="/web/20210902034101/https://www.bloomberg.com/series/bloomberg-surveillance">Surveillance</a></li><li class="navi-submenu__item" role="listitem" tabindex="-1"><a tabindex="-1" class="navi-submenu__link" href="/web/20210902034101/https://www.bloomberg.com/series/bloomberg-markets">Markets</a></li><li class="navi-submenu__item" role="listitem" tabindex="-1"><a tabindex="-1" class="navi-submenu__link" href="/web/20210902034101/https://www.bloomberg.com/series/whatd-you-miss">What'd You Miss</a></li><li class="navi-submenu__item" role="listitem" tabindex="-1"><a tabindex="-1" class="navi-submenu__link" href="/web/20210902034101/https://www.bloomberg.com/real-yield?sref=E9HdhEsW">Real Yield</a></li><li class="navi-submenu__item" role="listitem" tabindex="-1"><a tabindex="-1" 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class="navi-submenu__header">Data</header> <ul class="navi-submenu__list"> <li class="navi-submenu__item" role="listitem" tabindex="-1"><a tabindex="-1" class="navi-submenu__link" href="/web/20210902034101/https://www.bloomberg.com/markets/stocks">Stocks</a></li><li class="navi-submenu__item" role="listitem" tabindex="-1"><a tabindex="-1" class="navi-submenu__link" href="/web/20210902034101/https://www.bloomberg.com/markets/currencies">Currencies</a></li><li class="navi-submenu__item" role="listitem" tabindex="-1"><a tabindex="-1" class="navi-submenu__link" href="/web/20210902034101/https://www.bloomberg.com/markets/commodities">Commodities</a></li><li class="navi-submenu__item" role="listitem" tabindex="-1"><a tabindex="-1" class="navi-submenu__link" href="/web/20210902034101/https://www.bloomberg.com/markets/rates-bonds">Rates &amp; Bonds</a></li><li class="navi-submenu__item" role="listitem" tabindex="-1"><a tabindex="-1" class="navi-submenu__link" href="/web/20210902034101/https://www.bloomberg.com/markets/sectors">Sectors</a></li><li class="navi-submenu__item" role="listitem" tabindex="-1"><a tabindex="-1" class="navi-submenu__link" href="/web/20210902034101/https://www.bloomberg.com/markets/economic-calendar">Economic Calendar</a></li> </ul> </section> <section class="navi-submenu__section"> <header class="navi-submenu__header">SUBSCRIBE</header> <ul class="navi-submenu__list"> <li class="navi-submenu__item" role="listitem" tabindex="-1"><a tabindex="-1" class="navi-submenu__link" href="/web/20210902034101/https://www.bloomberg.com/account/newsletters/markets">Five Things: U.S.</a></li><li class="navi-submenu__item" role="listitem" tabindex="-1"><a tabindex="-1" class="navi-submenu__link" href="/web/20210902034101/https://www.bloomberg.com/account/newsletters/markets-europe">Five Things: Europe</a></li><li class="navi-submenu__item" role="listitem" tabindex="-1"><a tabindex="-1" class="navi-submenu__link" href="/web/20210902034101/https://www.bloomberg.com/account/newsletters/markets-asia">Five Things: Asia</a></li><li class="navi-submenu__item" role="listitem" tabindex="-1"><a tabindex="-1" class="navi-submenu__link" href="/web/20210902034101/https://www.bloomberg.com/account/newsletters/evening-briefing">Evening Briefing</a></li> </ul> </section> <section class="navi-submenu__section"> <header class="navi-submenu__header">Listen</header> <ul class="navi-submenu__list"> <li class="navi-submenu__item" role="listitem" tabindex="-1"><a tabindex="-1" class="navi-submenu__link" href="/web/20210902034101/https://www.bloomberg.com/podcasts/what_goes_up">What Goes Up</a></li><li class="navi-submenu__item" role="listitem" tabindex="-1"><a tabindex="-1" class="navi-submenu__link" href="/web/20210902034101/https://www.bloomberg.com/stephanomics">Stephanomics</a></li><li class="navi-submenu__item" role="listitem" tabindex="-1"><a tabindex="-1" class="navi-submenu__link" href="/web/20210902034101/https://www.bloomberg.com/podcasts/odd_lots">Odd Lots</a></li><li class="navi-submenu__item" role="listitem" tabindex="-1"><a tabindex="-1" class="navi-submenu__link" href="/web/20210902034101/https://www.bloomberg.com/podcasts/surveillance">Surveillance</a></li><li class="navi-submenu__item" role="listitem" tabindex="-1"><a tabindex="-1" class="navi-submenu__link" href="/web/20210902034101/https://www.bloomberg.com/podcasts/taking_stock">P&amp;L</a></li><li class="navi-submenu__item" role="listitem" tabindex="-1"><a tabindex="-1" class="navi-submenu__link" href="/web/20210902034101/https://www.bloomberg.com/podcasts/decrypted1">Trillions</a></li> </ul> </section> </div> <div class="navi-submenu__close-column"> <button class="navi-submenu__close" title="Close" aria-label="Close"></button> </div> </div> </div> <div id="navi-submenu-technology" class="navi-submenu navi-submenu--technology" role="list"> <div class="navi-submenu__content"> <div 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class="main-content"><div data-view-uid="1|0_2"><section class="podcast-show"> <div class="podcast-show__content"> <div class="podcast-show__info"> <h1 class="podcast-show__name">What Goes Up</h1> <div class="podcast-show__description">Hosts Mike Regan and Sarah Ponczek are joined each week by expert guests to discuss the main themes influencing global markets. They explore everything from stocks to bonds to currencies and commodities, and how each asset class affects trading in the others. Whether you’re a financial professional or just a curious retirement saver, What Goes Up keeps you apprised of the latest buzz on Wall Street and what the wildest movements in markets will mean for your investments.</div> <a class="podcast-show__itunes-link" href="https://web.archive.org/web/20210902034101/https://podcasts.apple.com/pl/podcast/what-goes-up/id1460047965">Subscribe via Apple Podcasts</a> </div><div class="podcast-show__recent-episodes"> <div class="podcast-episode" data-view-uid="1|0_2_1"><div class="podcast-episode__content"> <div class="podcast-episode__header"> <a class="podcast-episode__title" href="/web/20210902034101/https://www.bloomberg.com/news/audio/2021-08-27/-flight-to-crap-podcast">'Flight to Crap' (Podcast)</a> </div><div class="podcast-episode__date"> <time class="published-at" datetime="2021-08-27T19:47:50.619Z"> August 27, 2021 </time> </div><div class="podcast-episode__description">Extraordinary loose monetary policy has led to what Interactive Brokers Chief Strategist Steve Sosnick calls a “flight to crap,” or investor interest…</div> </div></div><div class="podcast-episode" data-view-uid="1|0_2_2"><div class="podcast-episode__content"> <div class="podcast-episode__header"> <a class="podcast-episode__title" href="/web/20210902034101/https://www.bloomberg.com/news/audio/2021-08-20/now-the-hard-part-podcast">Now, the Hard Part (Podcast)</a> </div><div class="podcast-episode__date"> <time class="published-at" datetime="2021-08-20T18:34:05.065Z"> August 20, 2021 </time> </div><div class="podcast-episode__description">The rebound in the stock market from the pandemic-induced recession has been breathtaking, with the S&amp;P 500 doubling from its low point in March 2020…</div> </div></div><div class="podcast-episode" data-view-uid="1|0_2_3"><div class="podcast-episode__content"> <div class="podcast-episode__header"> <a class="podcast-episode__title" href="/web/20210902034101/https://www.bloomberg.com/news/audio/2021-08-13/where-s-the-volatility-podcast">Where’s the Volatility? 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navi-sections__item--wealth navi-sections__item--has-submenu\" role=\"menuitem\" tabindex=\"-1\" aria-haspopup=\"menu\" aria-owns=\"navi-submenu-wealth\">\n <h2 class=\"navi-sections__head\">\n <a class=\"navi-sections__link \" href=\"/wealth\" tabindex=\"-1\">Wealth</a>\n </h2>\n <span class=\"navi-sections__tab\" title=\"Jump to submenu\" aria-label=\"Jump to submenu\"></span>\n </li>\n \n <li data-section=\"pursuits\" data-submenu=\"true\" class=\"navi-sections__item navi-sections__item--pursuits navi-sections__item--has-submenu\" role=\"menuitem\" tabindex=\"-1\" aria-haspopup=\"menu\" aria-owns=\"navi-submenu-pursuits\">\n <h2 class=\"navi-sections__head\">\n <a class=\"navi-sections__link \" href=\"/pursuits\" tabindex=\"-1\">Pursuits</a>\n </h2>\n <span class=\"navi-sections__tab\" title=\"Jump to submenu\" aria-label=\"Jump to submenu\"></span>\n </li>\n \n <li data-section=\"opinion\" data-submenu=\"true\" class=\"navi-sections__item navi-sections__item--opinion navi-sections__item--has-submenu\" role=\"menuitem\" tabindex=\"-1\" aria-haspopup=\"menu\" aria-owns=\"navi-submenu-opinion\">\n <h2 class=\"navi-sections__head\">\n <a class=\"navi-sections__link \" href=\"/opinion\" tabindex=\"-1\">Opinion</a>\n </h2>\n <span class=\"navi-sections__tab\" title=\"Jump to submenu\" aria-label=\"Jump to submenu\"></span>\n </li>\n \n <li data-section=\"businessweek\" data-submenu=\"true\" class=\"navi-sections__item navi-sections__item--businessweek navi-sections__item--has-submenu\" role=\"menuitem\" tabindex=\"-1\" aria-haspopup=\"menu\" aria-owns=\"navi-submenu-businessweek\">\n <h2 class=\"navi-sections__head\">\n <a class=\"navi-sections__link \" href=\"/businessweek\" tabindex=\"-1\">Businessweek</a>\n </h2>\n <span class=\"navi-sections__tab\" title=\"Jump to submenu\" aria-label=\"Jump to submenu\"></span>\n </li>\n \n <li data-section=\"neweconomy\" data-submenu=\"true\" class=\"navi-sections__item navi-sections__item--neweconomy navi-sections__item--has-submenu\" role=\"menuitem\" tabindex=\"-1\" aria-haspopup=\"menu\" aria-owns=\"navi-submenu-neweconomy\">\n <h2 class=\"navi-sections__head\">\n <a class=\"navi-sections__link \" href=\"/new-economy-forum\" tabindex=\"-1\">New Economy</a>\n </h2>\n <span class=\"navi-sections__tab\" title=\"Jump to submenu\" aria-label=\"Jump to submenu\"></span>\n </li>\n \n <li data-section=\"equality\" data-submenu=\"true\" class=\"navi-sections__item navi-sections__item--equality navi-sections__item--has-submenu\" role=\"menuitem\" tabindex=\"-1\" aria-haspopup=\"menu\" aria-owns=\"navi-submenu-equality\">\n <h2 class=\"navi-sections__head\">\n <a class=\"navi-sections__link \" href=\"/equality\" tabindex=\"-1\">Equality</a>\n </h2>\n <span class=\"navi-sections__tab\" title=\"Jump to submenu\" aria-label=\"Jump to submenu\"></span>\n </li>\n \n <li data-section=\"green\" data-submenu=\"true\" class=\"navi-sections__item navi-sections__item--green navi-sections__item--has-submenu\" role=\"menuitem\" tabindex=\"-1\" aria-haspopup=\"menu\" aria-owns=\"navi-submenu-green\">\n <h2 class=\"navi-sections__head\">\n <a class=\"navi-sections__link \" href=\"/green\" tabindex=\"-1\">Green</a>\n </h2>\n <span class=\"navi-sections__tab\" title=\"Jump to submenu\" aria-label=\"Jump to submenu\"></span>\n </li>\n \n <li data-section=\"citylab\" data-submenu=\"true\" class=\"navi-sections__item navi-sections__item--citylab navi-sections__item--has-submenu\" role=\"menuitem\" tabindex=\"-1\" aria-haspopup=\"menu\" aria-owns=\"navi-submenu-citylab\">\n <h2 class=\"navi-sections__head\">\n <a class=\"navi-sections__link \" href=\"/citylab\" tabindex=\"-1\">CityLab</a>\n </h2>\n <span class=\"navi-sections__tab\" title=\"Jump to submenu\" aria-label=\"Jump to submenu\"></span>\n </li>\n \n </ul>\n <hr class=\"navi-sections__divider\">\n <ul class=\"navi-sections__list\" role=\"menu\"> \n <li data-section=\"quicktake\" data-submenu=\"true\" class=\"navi-sections__item navi-sections__item--quicktake navi-sections__item--has-submenu\" role=\"menuitem\" tabindex=\"-1\" aria-haspopup=\"menu\" aria-owns=\"navi-submenu-quicktake\">\n <h2 class=\"navi-sections__head\">\n <a class=\"navi-sections__link \" href=\"/qt\" tabindex=\"-1\">Quicktake</a>\n </h2>\n <span class=\"navi-sections__tab\" title=\"Jump to submenu\" aria-label=\"Jump to submenu\"></span>\n </li>\n \n <li data-section=\"video\" data-submenu=\"true\" class=\"navi-sections__item navi-sections__item--video navi-sections__item--has-submenu\" role=\"menuitem\" tabindex=\"-1\" aria-haspopup=\"menu\" aria-owns=\"navi-submenu-video\">\n <h2 class=\"navi-sections__head\">\n <a class=\"navi-sections__link \" href=\"/live\" tabindex=\"-1\">Bloomberg TV+</a>\n </h2>\n <span class=\"navi-sections__tab\" title=\"Jump to submenu\" aria-label=\"Jump to submenu\"></span>\n </li>\n \n <li data-section=\"podcasts\" data-submenu=\"true\" class=\"navi-sections__item navi-sections__item--podcasts navi-sections__item--has-submenu\" role=\"menuitem\" tabindex=\"-1\" aria-haspopup=\"menu\" aria-owns=\"navi-submenu-podcasts\">\n <h2 class=\"navi-sections__head\">\n <a class=\"navi-sections__link \" href=\"/podcasts\" tabindex=\"-1\">Podcasts</a>\n </h2>\n <span class=\"navi-sections__tab\" title=\"Jump to submenu\" aria-label=\"Jump to submenu\"></span>\n </li>\n \n <li data-section=\"radio\" data-submenu=\"false\" class=\"navi-sections__item navi-sections__item--radio \" role=\"menuitem\" tabindex=\"-1\" >\n <h2 class=\"navi-sections__head\">\n <a class=\"navi-sections__link \" href=\"/audio\" tabindex=\"-1\">Radio</a>\n </h2>\n <span class=\"navi-sections__tab\" title=\"Jump to submenu\" aria-label=\"Jump to submenu\"></span>\n </li>\n \n <li data-section=\"live\" data-submenu=\"false\" class=\"navi-sections__item navi-sections__item--live \" role=\"menuitem\" tabindex=\"-1\" >\n <h2 class=\"navi-sections__head\">\n <a class=\"navi-sections__link \" href=\"https://www.bloomberglive.com/\" tabindex=\"-1\">Bloomberg Live</a>\n </h2>\n <span class=\"navi-sections__tab\" title=\"Jump to submenu\" aria-label=\"Jump to submenu\"></span>\n </li>\n \n </ul>\n <hr class=\"navi-sections__divider\">\n <ul class=\"navi-sections__list\" role=\"menu\"> \n <li data-section=\"newsletters\" data-submenu=\"false\" class=\"navi-sections__item navi-sections__item--newsletters \" role=\"menuitem\" tabindex=\"-1\" >\n <h2 class=\"navi-sections__head\">\n <a class=\"navi-sections__link \" href=\"https://www.bloomberg.com/account/newsletters?source=site_nav\" tabindex=\"-1\">Newsletters</a>\n </h2>\n <span class=\"navi-sections__tab\" title=\"Jump to submenu\" aria-label=\"Jump to submenu\"></span>\n </li>\n \n <li data-section=\"watchlist\" data-submenu=\"false\" class=\"navi-sections__item navi-sections__item--watchlist \" role=\"menuitem\" tabindex=\"-1\" >\n <h2 class=\"navi-sections__head\">\n <a class=\"navi-sections__link \" href=\"/markets/watchlist\" tabindex=\"-1\">Watchlist</a>\n </h2>\n <span class=\"navi-sections__tab\" title=\"Jump to submenu\" aria-label=\"Jump to submenu\"></span>\n </li>\n \n <li data-section=\"subscribe\" data-submenu=\"false\" class=\"navi-sections__item navi-sections__item--subscribe \" role=\"menuitem\" tabindex=\"-1\" >\n <h2 class=\"navi-sections__head\">\n <a class=\"navi-sections__link navi-subscribe-link\" href=\"https://www.bloomberg.com/subscriptions?in_source=menu\" tabindex=\"-1\">Subscribe</a>\n </h2>\n <span class=\"navi-sections__tab\" title=\"Jump to submenu\" aria-label=\"Jump to submenu\"></span>\n </li>\n \n <li data-section=\"sign-in\" data-submenu=\"false\" class=\"navi-sections__item navi-sections__item--sign-in \" role=\"menuitem\" tabindex=\"-1\" >\n <h2 class=\"navi-sections__head\">\n <a class=\"navi-sections__link navi-sign-in-link\" href=\"https://www.bloomberg.com/account/signup?in_source=login_direct\" tabindex=\"-1\">Sign in</a>\n </h2>\n <span class=\"navi-sections__tab\" title=\"Jump to submenu\" aria-label=\"Jump to submenu\"></span>\n </li>\n \n </ul>\n <hr class=\"navi-sections__divider\">\n <ul class=\"navi-sections__list\" role=\"menu\"> \n <li data-section=\"tips\" data-submenu=\"false\" class=\"navi-sections__item navi-sections__item--tips \" role=\"menuitem\" tabindex=\"-1\" >\n <h2 class=\"navi-sections__head\">\n <a class=\"navi-sections__link \" href=\"/tips\" tabindex=\"-1\">Submit a Tip</a>\n </h2>\n <span class=\"navi-sections__tab\" title=\"Jump to submenu\" aria-label=\"Jump to submenu\"></span>\n </li>\n \n <li data-section=\"help\" data-submenu=\"false\" class=\"navi-sections__item navi-sections__item--help \" role=\"menuitem\" tabindex=\"-1\" >\n <h2 class=\"navi-sections__head\">\n <a class=\"navi-sections__link \" href=\"https://www.bloomberg.com/help?in_source=help-nav\" tabindex=\"-1\">Help Center</a>\n </h2>\n <span class=\"navi-sections__tab\" title=\"Jump to submenu\" aria-label=\"Jump to submenu\"></span>\n </li>\n \n <li data-section=\"license\" data-submenu=\"false\" class=\"navi-sections__item navi-sections__item--license \" role=\"menuitem\" tabindex=\"-1\" >\n <h2 class=\"navi-sections__head\">\n <a class=\"navi-sections__link \" href=\"/distribution\" tabindex=\"-1\">License</a>\n </h2>\n <span class=\"navi-sections__tab\" title=\"Jump to submenu\" aria-label=\"Jump to submenu\"></span>\n </li>\n \n </ul>\n \n </div>\n \n \n <div id=\"navi-submenu-business\" class=\"navi-submenu navi-submenu--business\" role=\"list\">\n <div class=\"navi-submenu__content\">\n \n <div class=\"navi-submenu__column\">\n \n <section class=\"navi-submenu__section\">\n <header class=\"navi-submenu__header\">Read</header>\n <ul class=\"navi-submenu__list\">\n <li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/new-economy-forum\">Bloomberg New Economy</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/future-of-finance\">Future Finance</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/wealth/\">Wealth</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/next-china/\">Next China</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/crypto\">Crypto</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/checkout\">Checkout</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/hyperdrive\">Hyperdrive</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/well-spent\">Well Spent</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/prognosis\">Prognosis</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/good-business\">Good Business</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/billionaires/\">Billionaires</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/graphics\">Graphics</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/sponsor/partnerships/\">Sponsored Content</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/screentime\">Screentime</a></li>\n </ul>\n </section>\n \n <section class=\"navi-submenu__section\">\n <header class=\"navi-submenu__header\">Watch</header>\n <ul class=\"navi-submenu__list\">\n <li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/features/peer-to-peer/\">The David Rubenstein Show</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/btv/series/david-rubenstein-wealth-show\">The David Rubenstein Wealth Show</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/ad/hyundai/artandtechnology\">Art + Technology</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/btv/series/future-go\">Future GO</a></li>\n </ul>\n </section>\n \n </div>\n \n <div class=\"navi-submenu__column\">\n \n <section class=\"navi-submenu__section\">\n <header class=\"navi-submenu__header\">Special Reports</header>\n <ul class=\"navi-submenu__list\">\n <li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"https://www.bloomberg.com/graphics/covid-vaccine-tracker-global-distribution/\">Covid-19 Vaccine Tracker </a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"https://www.bloomberg.com/graphics/2021-investment-outlooks/?sref=kKj7hWAI\">What Wall Street Expects for 2021</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/features/2016-how-to-invest-10k\">Where to Invest $10,000</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"https://www.bloomberg.com/features/companies-to-watch-2021/\">50 Companies to Watch</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/features/how-to-invest-a-million-dollars/\">Where to Invest $1 Million</a></li>\n </ul>\n </section>\n \n <section class=\"navi-submenu__section\">\n <header class=\"navi-submenu__header\">Follow</header>\n <ul class=\"navi-submenu__list\">\n <li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"https://www.facebook.com/bloombergbusiness\">Facebook</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"https://twitter.com/business\">Twitter</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"https://www.instagram.com/bloombergbusiness/\">Instagram</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"https://www.linkedin.com/company/bloomberg/\">LinkedIn</a></li>\n </ul>\n </section>\n \n </div>\n \n <div class=\"navi-submenu__close-column\">\n <button class=\"navi-submenu__close\" title=\"Close\" aria-label=\"Close\"></button>\n </div>\n </div>\n </div>\n \n <div id=\"navi-submenu-markets\" class=\"navi-submenu navi-submenu--markets\" role=\"list\">\n <div class=\"navi-submenu__content\">\n \n <div class=\"navi-submenu__column\">\n \n <section class=\"navi-submenu__section\">\n <header class=\"navi-submenu__header\">Read</header>\n <ul class=\"navi-submenu__list\">\n <li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/markets/economics\">Economics</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/deals\">Deals</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/oddlots\">Odd Lots</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/markets/fixed-income\">The FIX | Fixed Income</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/markets/etfs\">ETFs</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/fx-center\">FX</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/factor-investing\">Factor Investing</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/alternative-investments\">Alternative Investing</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/markets/markets-magazine\">Markets Magazine</a></li>\n </ul>\n </section>\n \n <section class=\"navi-submenu__section\">\n <header class=\"navi-submenu__header\">Watch</header>\n <ul class=\"navi-submenu__list\">\n <li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/series/daybreak-americas\">Daybreak</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/series/bloomberg-surveillance\">Surveillance</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/series/bloomberg-markets\">Markets</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/series/whatd-you-miss\">What'd You Miss</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/real-yield?sref=E9HdhEsW\">Real Yield</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/charting-futures\">Charting Futures</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/futures-in-focus\">Futures in Focus</a></li>\n </ul>\n </section>\n \n <section class=\"navi-submenu__section\">\n <header class=\"navi-submenu__header\">Follow</header>\n <ul class=\"navi-submenu__list\">\n <li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"https://twitter.com/markets\">Twitter</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"https://www.facebook.com/bloombergmarkets/\">Facebook</a></li>\n </ul>\n </section>\n \n </div>\n \n <div class=\"navi-submenu__column\">\n \n <section class=\"navi-submenu__section\">\n <header class=\"navi-submenu__header\">Data</header>\n <ul class=\"navi-submenu__list\">\n <li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/markets/stocks\">Stocks</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/markets/currencies\">Currencies</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/markets/commodities\">Commodities</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/markets/rates-bonds\">Rates & Bonds</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/markets/sectors\">Sectors</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/markets/economic-calendar\">Economic Calendar</a></li>\n </ul>\n </section>\n \n <section class=\"navi-submenu__section\">\n <header class=\"navi-submenu__header\">SUBSCRIBE</header>\n <ul class=\"navi-submenu__list\">\n <li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/account/newsletters/markets\">Five Things: U.S.</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/account/newsletters/markets-europe\">Five Things: Europe</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/account/newsletters/markets-asia\">Five Things: Asia</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/account/newsletters/evening-briefing\">Evening Briefing</a></li>\n </ul>\n </section>\n \n <section class=\"navi-submenu__section\">\n <header class=\"navi-submenu__header\">Listen</header>\n <ul class=\"navi-submenu__list\">\n <li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/podcasts/what_goes_up\">What Goes Up</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/stephanomics\">Stephanomics</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/podcasts/odd_lots\">Odd Lots</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/podcasts/surveillance\">Surveillance</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/podcasts/taking_stock\">P&L</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/podcasts/decrypted1\">Trillions</a></li>\n </ul>\n </section>\n \n </div>\n \n <div class=\"navi-submenu__close-column\">\n <button class=\"navi-submenu__close\" title=\"Close\" aria-label=\"Close\"></button>\n </div>\n </div>\n </div>\n \n <div id=\"navi-submenu-technology\" class=\"navi-submenu navi-submenu--technology\" role=\"list\">\n <div class=\"navi-submenu__content\">\n \n <div class=\"navi-submenu__column\">\n \n <section class=\"navi-submenu__section\">\n <header class=\"navi-submenu__header\">Read</header>\n <ul class=\"navi-submenu__list\">\n <li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/future-of-work\">Work Shifting</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/code-wars\">Code Wars</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/topics/5g-network\">5G Network</a></li>\n </ul>\n </section>\n \n <section class=\"navi-submenu__section\">\n <header class=\"navi-submenu__header\">Special Reports</header>\n <ul class=\"navi-submenu__list\">\n <li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/features/elon-musk-goals/\">The Elon Musk Tracker</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/graphics/2018-tesla-tracker/\">Tesla Model 3 Tracker</a></li>\n </ul>\n </section>\n \n </div>\n \n <div class=\"navi-submenu__column\">\n \n <section class=\"navi-submenu__section\">\n <header class=\"navi-submenu__header\">Watch</header>\n <ul class=\"navi-submenu__list\">\n <li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/series/bloomberg-technology\">Bloomberg Technology TV</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/series/studio-1\">Studio 1.0</a></li>\n </ul>\n </section>\n \n <section class=\"navi-submenu__section\">\n <header class=\"navi-submenu__header\">Subscribe</header>\n <ul class=\"navi-submenu__list\">\n <li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"https://www.bloomberg.com/account/newsletters/technology\">Fully Charged</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"https://www.bloomberg.com/account/newsletters/power-on\">Power On</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"https://www.bloomberg.com/account/newsletters/game-on\">Game On</a></li>\n </ul>\n </section>\n \n <section class=\"navi-submenu__section\">\n <header class=\"navi-submenu__header\">Listen</header>\n <ul class=\"navi-submenu__list\">\n <li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/podcasts/decrypted\">Decrypted</a></li>\n </ul>\n </section>\n \n <section class=\"navi-submenu__section\">\n <header class=\"navi-submenu__header\">Follow</header>\n <ul class=\"navi-submenu__list\">\n <li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"https://twitter.com/technology\">Twitter</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"https://www.facebook.com/BloombergTechnology/\">Facebook</a></li>\n </ul>\n </section>\n \n </div>\n \n <div class=\"navi-submenu__close-column\">\n <button class=\"navi-submenu__close\" title=\"Close\" aria-label=\"Close\"></button>\n </div>\n </div>\n </div>\n \n <div id=\"navi-submenu-politics\" class=\"navi-submenu navi-submenu--politics\" role=\"list\">\n <div class=\"navi-submenu__content\">\n \n <div class=\"navi-submenu__column\">\n \n <section class=\"navi-submenu__section\">\n <header class=\"navi-submenu__header\">Read</header>\n <ul class=\"navi-submenu__list\">\n <li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/election-2020\">Election 2020</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/graphics/global-trade-indicators/\">Global Trade Tracker</a></li>\n </ul>\n </section>\n \n <section class=\"navi-submenu__section\">\n <header class=\"navi-submenu__header\">Listen</header>\n <ul class=\"navi-submenu__list\">\n <li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/podcasts/sound_on\">Sound On</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/podcasts/law\">Bloomberg Law</a></li>\n </ul>\n </section>\n \n <section class=\"navi-submenu__section\">\n <header class=\"navi-submenu__header\">Watch</header>\n <ul class=\"navi-submenu__list\">\n <li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/series/balance-of-power\">Balance of Power</a></li>\n </ul>\n </section>\n \n </div>\n \n <div class=\"navi-submenu__column\">\n \n <section class=\"navi-submenu__section\">\n <header class=\"navi-submenu__header\">Subscribe</header>\n <ul class=\"navi-submenu__list\">\n <li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"http://link.mail.bloombergbusiness.com/join/4wm/politics-brief-signup&hash=b9b2681361bede0e1069ca238efb1ec2\">Balance of Power</a></li>\n </ul>\n </section>\n \n <section class=\"navi-submenu__section\">\n <header class=\"navi-submenu__header\">Follow</header>\n <ul class=\"navi-submenu__list\">\n <li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"https://twitter.com/bpolitics\">Twitter</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"https://www.facebook.com/BloombergPolitics/\">Facebook</a></li>\n </ul>\n </section>\n \n </div>\n \n <div class=\"navi-submenu__close-column\">\n <button class=\"navi-submenu__close\" title=\"Close\" aria-label=\"Close\"></button>\n </div>\n </div>\n </div>\n \n <div id=\"navi-submenu-wealth\" class=\"navi-submenu navi-submenu--wealth\" role=\"list\">\n <div class=\"navi-submenu__content\">\n \n <div class=\"navi-submenu__column\">\n \n <section class=\"navi-submenu__section\">\n <header class=\"navi-submenu__header\">Read</header>\n <ul class=\"navi-submenu__list\">\n <li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/wealth/investing\">Investing</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/wealth/living\">Living</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/wealth/opinion-and-advice\">Opinion & Advice</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/wealth/savings-and-retirement\">Savings & Retirement</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/wealth/taxes\">Taxes</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/wealth/reinvention\">Reinvention</a></li>\n </ul>\n </section>\n \n <section class=\"navi-submenu__section\">\n <header class=\"navi-submenu__header\">Watch</header>\n <ul class=\"navi-submenu__list\">\n <li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/series/good-money\">Good Money</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"https://www.bloomberg.com/btv/series/david-rubenstein-wealth-show\">The David Rubenstein Wealth Show</a></li>\n </ul>\n </section>\n \n </div>\n \n <div class=\"navi-submenu__column\">\n \n <section class=\"navi-submenu__section\">\n <header class=\"navi-submenu__header\">Listen</header>\n <ul class=\"navi-submenu__list\">\n <li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"https://www.bloomberg.com/the-paycheck\">The Paycheck</a></li>\n </ul>\n </section>\n \n <section class=\"navi-submenu__section\">\n <header class=\"navi-submenu__header\">Follow</header>\n <ul class=\"navi-submenu__list\">\n <li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"https://twitter.com/wealth\">Twitter</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"http://facebook.com/bloombergbusiness\">Facebook</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"https://www.instagram.com/bloombergbusiness\">Instagram</a></li>\n </ul>\n </section>\n \n </div>\n \n <div class=\"navi-submenu__close-column\">\n <button class=\"navi-submenu__close\" title=\"Close\" aria-label=\"Close\"></button>\n </div>\n </div>\n </div>\n \n <div id=\"navi-submenu-pursuits\" class=\"navi-submenu navi-submenu--pursuits\" role=\"list\">\n <div class=\"navi-submenu__content\">\n \n <div class=\"navi-submenu__column\">\n \n <section class=\"navi-submenu__section\">\n <header class=\"navi-submenu__header\">Read</header>\n <ul class=\"navi-submenu__list\">\n <li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/pursuits/travel\">Travel</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/pursuits/autos\">Autos</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/pursuits/real-estate\">Homes</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/pursuits/living\">Living</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/pursuits/culture\">Culture</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/pursuits/style\">Style</a></li>\n </ul>\n </section>\n \n <section class=\"navi-submenu__section\">\n <header class=\"navi-submenu__header\">Special Reports</header>\n <ul class=\"navi-submenu__list\">\n <li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"https://www.bloomberg.com/features/best-places-to-travel-2021/\">Where to Go in 2021</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/pursuits/property-listings\">Property Listings</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/graphics/property-prices/london/\">London Property Prices</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/graphics/property-prices/nyc/\">New York Property Prices</a></li>\n </ul>\n </section>\n \n </div>\n \n <div class=\"navi-submenu__column\">\n \n <section class=\"navi-submenu__section\">\n <header class=\"navi-submenu__header\">Watch</header>\n <ul class=\"navi-submenu__list\">\n <li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/made\">Made</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/series/traveler\">Traveler</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/series/invitation-only\">Invitation Only</a></li>\n </ul>\n </section>\n \n <section class=\"navi-submenu__section\">\n <header class=\"navi-submenu__header\">Follow</header>\n <ul class=\"navi-submenu__list\">\n <li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"https://twitter.com/luxury\">Twitter</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"https://www.facebook.com/bloombergpursuits/\">Facebook</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"https://www.instagram.com/bloombergpursuits/\">Instagram</a></li>\n </ul>\n </section>\n \n </div>\n \n <div class=\"navi-submenu__close-column\">\n <button class=\"navi-submenu__close\" title=\"Close\" aria-label=\"Close\"></button>\n </div>\n </div>\n </div>\n \n <div id=\"navi-submenu-opinion\" class=\"navi-submenu navi-submenu--opinion\" role=\"list\">\n <div class=\"navi-submenu__content\">\n \n <div class=\"navi-submenu__column\">\n \n <section class=\"navi-submenu__section\">\n <header class=\"navi-submenu__header\">Read</header>\n <ul class=\"navi-submenu__list\">\n <li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/authors/ASB62QVt-d0/the-editors\">Editorials</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/letters\">Letters</a></li>\n </ul>\n </section>\n \n <section class=\"navi-submenu__section\">\n <header class=\"navi-submenu__header\">Follow</header>\n <ul class=\"navi-submenu__list\">\n <li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"https://twitter.com/bopinion\">Twitter</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"https://www.facebook.com/bloombergopinion\">Facebook</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"https://www.instagram.com/bloombergopinion/\">Instagram</a></li>\n </ul>\n </section>\n \n </div>\n \n <div class=\"navi-submenu__column\">\n \n <section class=\"navi-submenu__section\">\n <header class=\"navi-submenu__header\">Listen</header>\n <ul class=\"navi-submenu__list\">\n <li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/podcasts/masters_in_business\">Masters in Business</a></li>\n </ul>\n </section>\n \n <section class=\"navi-submenu__section\">\n <header class=\"navi-submenu__header\">Subscribe</header>\n <ul class=\"navi-submenu__list\">\n <li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"http://link.mail.bloombergbusiness.com/join/4wm/opinion-signup&hash=b9b2681361bede0e1069ca238efb1ec2\">Bloomberg Opinion Today</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"http://link.mail.bloombergbusiness.com/join/4wm/moneystuff-signup&hash=b9b2681361bede0e1069ca238efb1ec2\">Money Stuff</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"http://link.mail.bloombergbusiness.com/join/4wm/ritholtz-reads-signup&hash=54223001ca3ffcf40f2629c25acea67a\">Ritholtz's Reads</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"http://link.mail.bloombergbusiness.com/join/4wm/early-returns-signup&hash=54223001ca3ffcf40f2629c25acea67a\">Early Returns</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"http://link.mail.bloombergbusiness.com/join/4wm/sparklines-signup&hash=b9b2681361bede0e1069ca238efb1ec2\">Sparklines</a></li>\n </ul>\n </section>\n \n </div>\n \n <div class=\"navi-submenu__close-column\">\n <button class=\"navi-submenu__close\" title=\"Close\" aria-label=\"Close\"></button>\n </div>\n </div>\n </div>\n \n <div id=\"navi-submenu-businessweek\" class=\"navi-submenu navi-submenu--businessweek\" role=\"list\">\n <div class=\"navi-submenu__content\">\n \n <div class=\"navi-submenu__column\">\n \n <section class=\"navi-submenu__section\">\n <header class=\"navi-submenu__header\">Special Reports</header>\n <ul class=\"navi-submenu__list\">\n <li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/business-of-equality\">Business of Equality</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"https://www.bloomberg.com/features/2020-bloomberg-50/?sref=kKj7hWAI\">The Bloomberg 50</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/business-schools/\">Best B-Schools</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"https://www.bloomberg.com/small-business-survival\">Small Business Survival Guide</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"https://www.bloomberg.com/work-from-home-tips?\">Working From Home</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"https://www.bloomberg.com/features/companies-to-watch-2021/\">50 Companies to Watch</a></li>\n </ul>\n </section>\n \n </div>\n \n <div class=\"navi-submenu__column\">\n \n <section class=\"navi-submenu__section\">\n <header class=\"navi-submenu__header\">The Magazine</header>\n <ul class=\"navi-submenu__list\">\n <li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"http://businessweekmag.com/bwhomepagesubscribe\">Subscribe</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"https://login.bloomberg.com/magazines\">Manage</a></li>\n </ul>\n </section>\n \n <section class=\"navi-submenu__section\">\n <header class=\"navi-submenu__header\">Follow</header>\n <ul class=\"navi-submenu__list\">\n <li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"https://twitter.com/BW\">Twitter</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"https://www.facebook.com/bloombergbusinessweek/\">Facebook</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"https://www.instagram.com/businessweek/?hl=en\">Instagram</a></li>\n </ul>\n </section>\n \n </div>\n \n <div class=\"navi-submenu__close-column\">\n <button class=\"navi-submenu__close\" title=\"Close\" aria-label=\"Close\"></button>\n </div>\n </div>\n </div>\n \n <div id=\"navi-submenu-neweconomy\" class=\"navi-submenu navi-submenu--neweconomy\" role=\"list\">\n <div class=\"navi-submenu__content\">\n \n <div class=\"navi-submenu__column\">\n \n <section class=\"navi-submenu__section\">\n <header class=\"navi-submenu__header\">Watch</header>\n <ul class=\"navi-submenu__list\">\n <li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"https://www.neweconomyforum.com/events/\">New Economy Conversation Series</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"https://www.neweconomyforum.com/\">2020 Digital Program Highlights</a></li>\n </ul>\n </section>\n \n <section class=\"navi-submenu__section\">\n <header class=\"navi-submenu__header\">Subscribe</header>\n <ul class=\"navi-submenu__list\">\n <li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"https://www.bloomberg.com/account/newsletters/nef\">Turning Points</a></li>\n </ul>\n </section>\n \n <section class=\"navi-submenu__section\">\n <header class=\"navi-submenu__header\">Listen</header>\n <ul class=\"navi-submenu__list\">\n <li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"https://www.bloomberg.com/stephanomics\">Stephanomics</a></li>\n </ul>\n </section>\n \n <section class=\"navi-submenu__section\">\n <header class=\"navi-submenu__header\">Follow</header>\n <ul class=\"navi-submenu__list\">\n <li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"https://twitter.com/neweconforum\">Twitter</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"https://www.facebook.com/neweconforum/\">Facebook</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"https://www.linkedin.com/showcase/bloomberg-new-economy-forum/\">LinkedIn</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"https://assets.bbhub.io/media/sites/22/2020/04/New-Economy-Forum-Wechat-QR-Code.jpg\">WeChat</a></li>\n </ul>\n </section>\n \n </div>\n \n <div class=\"navi-submenu__close-column\">\n <button class=\"navi-submenu__close\" title=\"Close\" aria-label=\"Close\"></button>\n </div>\n </div>\n </div>\n \n <div id=\"navi-submenu-equality\" class=\"navi-submenu navi-submenu--equality\" role=\"list\">\n <div class=\"navi-submenu__content\">\n \n <div class=\"navi-submenu__column\">\n \n <section class=\"navi-submenu__section\">\n <header class=\"navi-submenu__header\">Read</header>\n <ul class=\"navi-submenu__list\">\n <li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/equality/corporate-leadership\">Corporate Leadership</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/equality/capital\">Capital</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/equality/society\">Society</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/equality/solutions\">Solutions</a></li>\n </ul>\n </section>\n \n </div>\n \n <div class=\"navi-submenu__column\">\n \n <section class=\"navi-submenu__section\">\n <header class=\"navi-submenu__header\">Follow</header>\n <ul class=\"navi-submenu__list\">\n <li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"https://twitter.com/bbgequality\">Twitter</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"https://www.instagram.com/bloombergequality\">Instagram</a></li>\n </ul>\n </section>\n \n </div>\n \n <div class=\"navi-submenu__close-column\">\n <button class=\"navi-submenu__close\" title=\"Close\" aria-label=\"Close\"></button>\n </div>\n </div>\n </div>\n \n <div id=\"navi-submenu-green\" class=\"navi-submenu navi-submenu--green\" role=\"list\">\n <div class=\"navi-submenu__content\">\n \n <div class=\"navi-submenu__column\">\n \n <section class=\"navi-submenu__section\">\n <header class=\"navi-submenu__header\">Read</header>\n <ul class=\"navi-submenu__list\">\n <li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/green-energy-science\">Science & Energy</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/green-climate-adaptation\">Climate Adaptation</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/green-finance\">Finance</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/green-politics\">Politics</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/green-culture-design\">Culture & Design</a></li>\n </ul>\n </section>\n \n <section class=\"navi-submenu__section\">\n <header class=\"navi-submenu__header\">Special Reports</header>\n <ul class=\"navi-submenu__list\">\n <li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"https://www.bloomberg.com/graphics/climate-change-data-green/\">Data Dash</a></li>\n </ul>\n </section>\n \n </div>\n \n <div class=\"navi-submenu__column\">\n \n <section class=\"navi-submenu__section\">\n <header class=\"navi-submenu__header\">Subscribe</header>\n <ul class=\"navi-submenu__list\">\n <li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"https://www.bloomberg.com/account/newsletters/green\">Green Daily</a></li>\n </ul>\n </section>\n \n <section class=\"navi-submenu__section\">\n <header class=\"navi-submenu__header\">Follow</header>\n <ul class=\"navi-submenu__list\">\n <li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"https://twitter.com/climate\">Twitter</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"https://www.facebook.com/bloomberggreen\">Facebook</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"https://www.instagram.com/bloomberggreen/\">Instagram</a></li>\n </ul>\n </section>\n \n </div>\n \n <div class=\"navi-submenu__close-column\">\n <button class=\"navi-submenu__close\" title=\"Close\" aria-label=\"Close\"></button>\n </div>\n </div>\n </div>\n \n <div id=\"navi-submenu-citylab\" class=\"navi-submenu navi-submenu--citylab\" role=\"list\">\n <div class=\"navi-submenu__content\">\n \n <div class=\"navi-submenu__column\">\n \n <section class=\"navi-submenu__section\">\n <header class=\"navi-submenu__header\">Read</header>\n <ul class=\"navi-submenu__list\">\n <li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/citylab/design\">Design</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/citylab/culture\">Culture</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/citylab/transportation\">Transportation</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/citylab/economy\">Economy</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/citylab/environment\">Environment</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/citylab/housing\">Housing</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/citylab/justice\">Justice</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/citylab/government\">Government</a></li>\n </ul>\n </section>\n \n </div>\n \n <div class=\"navi-submenu__column\">\n \n <section class=\"navi-submenu__section\">\n <header class=\"navi-submenu__header\">Subscribe</header>\n <ul class=\"navi-submenu__list\">\n <li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"https://www.bloomberg.com/account/newsletters/citylab-daily\">CityLab Daily</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"https://www.bloomberg.com/account/newsletters/citylab-maplab\">MapLab</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"https://www.bloomberg.com/account/newsletters/citylab-most-popular\">Most Popular</a></li>\n </ul>\n </section>\n \n <section class=\"navi-submenu__section\">\n <header class=\"navi-submenu__header\">Follow</header>\n <ul class=\"navi-submenu__list\">\n <li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"https://twitter.com/CityLab\">Twitter</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"https://www.facebook.com/thisiscitylab\">Facebook</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"https://www.instagram.com/citylab\">Instagram</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"https://www.linkedin.com/company/citylab-com\">LinkedIn</a></li>\n </ul>\n </section>\n \n </div>\n \n <div class=\"navi-submenu__close-column\">\n <button class=\"navi-submenu__close\" title=\"Close\" aria-label=\"Close\"></button>\n </div>\n </div>\n </div>\n \n <div id=\"navi-submenu-quicktake\" class=\"navi-submenu navi-submenu--quicktake\" role=\"list\">\n <div class=\"navi-submenu__content\">\n \n <div class=\"navi-submenu__column\">\n \n <section class=\"navi-submenu__section\">\n <header class=\"navi-submenu__header\">Live</header>\n <ul class=\"navi-submenu__list\">\n <li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/qt/live\">Watch Live TV</a></li>\n </ul>\n </section>\n \n <section class=\"navi-submenu__section\">\n <header class=\"navi-submenu__header\">Original Series</header>\n <ul class=\"navi-submenu__list\">\n <li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/qt/series/storylines\">Storylines</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/qt/series/moonshot\">Moonshot</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/qt/series/hello-world\">Hello World</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/qt/series/good-money\">Good Money</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/qt/series/game-changers\">Game Changers</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/qt/series/citylab\">CityLab Solutions</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/qt/series/accelerate\">Accelerate</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/qt\">See all series...</a></li>\n </ul>\n </section>\n \n </div>\n \n <div class=\"navi-submenu__column\">\n \n <section class=\"navi-submenu__section\">\n <header class=\"navi-submenu__header\">News Shows</header>\n <ul class=\"navi-submenu__list\">\n <li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/qt/series/take-charge\">Take Charge</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/qt/series/take-a-break\">Take a Break</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/qt/series/take-the-lead\">Take the Lead</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/qt/series/geo\">Geo</a></li>\n </ul>\n </section>\n \n <section class=\"navi-submenu__section\">\n <header class=\"navi-submenu__header\">Follow</header>\n <ul class=\"navi-submenu__list\">\n <li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"https://www.youtube.com/channel/UCUMZ7gohGI9HcU9VNsr2FJQ\">YouTube</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"https://twitter.com/quicktake\">Twitter</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"https://www.instagram.com/quicktake/?hl=en\">Instagram</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"https://www.facebook.com/quicktake\">Facebook</a></li>\n </ul>\n </section>\n \n </div>\n \n <div class=\"navi-submenu__close-column\">\n <button class=\"navi-submenu__close\" title=\"Close\" aria-label=\"Close\"></button>\n </div>\n </div>\n </div>\n \n <div id=\"navi-submenu-video\" class=\"navi-submenu navi-submenu--video\" role=\"list\">\n <div class=\"navi-submenu__content\">\n \n <div class=\"navi-submenu__column\">\n \n <section class=\"navi-submenu__section\">\n <header class=\"navi-submenu__header\">Watch Live TV</header>\n <ul class=\"navi-submenu__list\">\n <li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/live/us\">US</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/live/europe\">Europe</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/live/asia\">Asia</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/live/australia\">Australia</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/live/schedule-shows\">Schedule+Shows</a></li>\n </ul>\n </section>\n \n <section class=\"navi-submenu__section\">\n <header class=\"navi-submenu__header\">Shows</header>\n <ul class=\"navi-submenu__list\">\n <li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/series/bloomberg-surveillance\">Surveillance</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/series/daybreak-americas\">Daybreak</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/series/bloomberg-markets\">Markets</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/series/balance-of-power\">Balance of Power</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/series/bloomberg-technology\">Bloomberg Technology</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/peer-to-peer\">The David Rubenstein Show</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/series/whatd-you-miss\">What'd You Miss?</a></li><li class=\"navi-submenu__item\" role=\"listitem\" tabindex=\"-1\"><a tabindex=\"-1\" class=\"navi-submenu__link\" href=\"/live/shows\">All Shows...</a></li>\n </ul>\n </section>\n \n 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