sonali: argus research director stephen biggar. thank you. . coming up, former president trump inside a manhattan courthouse right now. his first criminal trial is set to get underway. we will go there live next. this is bloomberg. ♪ how am i going to find a doctor when i'm hallucinating? what about zocdoc? so many options. yeah, and dr. xichun even takes your sketchy insurance. xi-chun, xi-chun, xi-chun! you've got more options than you know. book now. ♪♪ ♪♪ ♪♪ ♪♪ discover our newest resort sandals saint vincent and the grenadines, now open. visit sandals.com or call 1—800—sandals. sonali: this is "bloomberg markets." i'm sonali basak. donald trump comes the first former u.s. president to face a criminal trial. the republican presidential candidate is accused of falsifying business documents to cover up hush money payments to adult film star stormy daniels. joining us now is bloomberg's kailey leinz, live from the courthouse. how do you think through today alone, let alone the next couple weeks, is going to play out? kail