>> the following is a paid program. the opinions and views expressed do not reflect those of bloomberg lp, its affiliates or its employees. ♪ a better world and knew that

when of the best ways to spread that message was in the music. >> born to be wild. born to be wild. >> come on people. smile on your brother. everyone get together and try to love one another right now. it was the birth of a counterculture. this social revolution and experimentation produced music that wrapped itself around its hearts and minds and never let go.

-- tommy: if you are like me and grew up in the mid-1960's to early 1970's, you are part of a generation that tried to plant the seeds of a better social order, a better world, and knew that one of the best ways to spread that message was in the music. >> ♪ born to be wild born to be wild ♪ >> ♪ come on people now smile on your brother everybody get together try to love one another right now ♪ >> ♪ people everywhere just want to be free. tommy: it was the birth of a counterculture. and this social revolution and experimentation produced music that wrapped itself around our hearts and minds and never let go. >> ♪ young hearts can go that way ♪ >> ♪ the beat goes on the beat goes on ♪ >> ♪ turned a whiter shade of pale ♪ tommy: this is going to be so great. now let me introduce my cohost, back to a very special and very important era, jenny. jenny: hi. this place is amazing. tommy: it really is. let's take a trip back in time, when everything around us was changing, how we looked, thoughts, and felt. jenny: and certain songs became anthems of those changing times. >> ♪ this is the dawning of the age of aquarius age of aquarius ♪ >> ♪ he ain't heavy he's my brother ♪ >> ♪ i'm going to take you higher ♪ announcer: it started in san francisco, came of age at woodstock, and and changed the world forever. and now, time life presents the

best music from the magical time in "the woodstock collection." the music of the love generation. tommy: in the mid-1960's, our world was changing, and music was becoming more than it ever was before. we were losing our innocence, and the music was reflecting that in style and substance. jenny: first, in its sound. >> ♪ so tired tired of waiting tired of waiting for you ♪ >> ♪ wild thing you make my heart sing ♪ tommy: and then in its message. >> ♪ to everything turn, turn, turn there is a season turn, turn, turn ♪ >> the answer, my friend is blowing in the wind the answer is blowing in the wind ♪

jenny: san francisco was the self-declared capital of the spiritual revolution. tommy: and in the summer of 1967, there was a mass migration from all over the country to see and feel this new social phenomenon. >> ♪ if you're going to san francisco be sure to wear some flowers in your hair ♪ >> ♪ on a warm san franciscan night ♪ tommy: we were trying to turn on and tune in. the music started speaking to us in new ways. jenny: it spoke to our minds as well as our hearts. tommy: and a new word crept into our vocabulary. "psychedelic." >> ♪ inna gadda da vida honey don't you know i'm loving you ♪ >> ♪ you

you are all i want to know i feel free ♪ >> ♪ keeps me hanging on tommy: this era had a soundtrack like no other. jenny: so many different kinds of music, and so many great artists. >> ♪ american woman stay away from me american woman mama let me be ♪ >> ♪ if i sprained a leak she mends me ♪ tommy: so much of the music empowered us and made us feel we needed to make a difference. >> ♪ because there's something in the air ♪ >> ♪ what the world needs now

is love, sweet love it's the only thing that there's just too little of ♪ tommy: it was a time of expanded consciousness and spiritual awakening. jenny: the music had a message. tommy: and the singers and songwriters who created it were the messengers. >> ♪ it is all over now, baby blue ♪ >> ♪ anybody here see my old friend john? can you tell me where he's gone? ♪ announcer: the woodstock era was a time when the music was important. it felt like it was really your own, written for you and about you. now that music and all of the memories come alive again. and you're just a phone call away from having them all for your very own. announcer: it started in san francisco, came of age in woodstock, changed us and the

world forever. and now time life has put it all together in "the woodstock collection." the music of the love generation. >> ♪ hey, mr. tambourine man play a song for me ♪ >> ♪ monday, monday so good to me ♪ announcer: you will relive the great times, incredible songs and artists that were very much a part of our lives. >> ♪ it's a beautiful morning i think i will go outside for a while ♪ >> ♪ what a day for a daydream what a day for a daydreaming boy ♪ announcer: you will get 174 original hits by the original artist, digitally remastered to give you studio perfect sound. >> ♪ why don't you come with me, little girl

on a magic carpet ride ♪ >> ♪ when i tell the world i love you ♪ >> ♪ i got you, babe i got you, babe ♪ announcer: you have the peace songs, psychedelic songs, happy songs, feel-good songs, and the true classics, the songs that make the music of the love generation come alive. >> ♪ they call me mellow yellow they call me mellow yellow ♪ >> ♪ everybody's talking at me i don't hear a word they are saying ♪ announcer: every cd is filled with great songs and great memories, along with complete liner notes telling the story of this great era. >> ♪ good morning, starshine >> ♪ sunday will never be the same ♪

announcer: you could spend hours of time and hundreds of dollars trying to find all of the unforgettable hits in "the woodstock collection," but time life has done all of that for you. and if you order now, you can own this collection of eight cds for just five easy payments of $29.99 each. that is just $.86 a song. >> ♪ got a black magic woman got a black magic woman ♪ >> ♪ i can't see me loving nobody but you for all my life ♪ announcer: but wait. that is not all. when you order with your credit card, we will send you absolutely free a two cd set called "the summer of love." 40 of the greatest hits from that once-in-a-lifetime summer. >> ♪ incense and peppermints, meaningless nouns turn on, tune in, turn your eyes around ♪ >> ♪ i'll be with my girl, she's so pretty ♪

announcer: even that is not all. call in the next 18 minutes and get free shipping and handling. that's a total of 10 cds from a special time in american history. >> ♪ another pleasant valley sunday ♪ announcer: and here is the best part. if the woodstock collection is not the best collection you've ever heard, send it back and we will refund your purchase price. it is that good. remember, this collection is not sold in stores, so call now. tommy: if you have heard the music before, you are going to love it, because there is a time of good stuff on my and if you haven't, you need to hear it. it was a renaissance period. jenny: there is something for everyone who loves music and was part of that time. >> it was a celebration. tommy: in 1969, all the roads lead to upstate new york to something called the woodstock

music and art fair. jenny: they were hoping 50,000 people would show up. tommy: and when half a million arrived, the world took notice. >> ♪ i'm going up the country doesn't she want to go i'm going up the country baby, don't you want to go? ♪ >> ♪ we are stardust we are golden and we've got to get ourselves back to the garden ♪ jenny: tommy, didn't you have a chance to play woodstock? tommy: yeah, i was in hawaii. no kidding, i got a call to play a pig farm in upstate new york. in my autobiography, i admitted that turning it down was a big mistake. jenny: i can imagine. tommy: woodstock was a pivotal and defining moment. for three days and nights, the stage was filled with some of the most incredible talent ever assembled. >> ♪ take it take another little piece of my

heart now, baby break another piece of my heart ♪ >> ♪ i'm coming home ♪ >> ♪ i'm going to take you higher i'm going to take you higher ♪ jenny: new slogans like "make love not war" were all around us. tommy: and a generation that was being fueled by new dreams of peace and love found its voice in this new kind of music. >> ♪ war >> ♪ good god, y'all ♪ >> ♪ what is it good for? >> ♪ absolutely nothing >> ♪ you don't believe we are on the eve of destruction ♪ tommy: there were songs of protest. >> ♪ what is going on? >> ♪ segregation, determination,

demonstration, integration that is what the world is today ♪ jenny: there were also new kind of love songs. >> ♪ i am waiting to show her crimson and clover ♪ >> ♪ when the hurdy gurdy man comes singing songs of love ♪ >> ♪ nights in white satin never reaching the end ♪ tommy: and there were also songs that had a little different kind of message.

>> ♪ you can get anything that you want at alice's restaurant ♪ >> ♪ i think you know >> ♪ three miles high and ready to touch down ♪ >> ♪ one toke over the line, sweet jesus ♪ tommy: there was new music, new literature, and a new reality. >> ♪ going up to the spirit in the sky ♪ >> ♪ give me a head with hair long, beautiful hair shining, female, gleaming ♪ >> ♪ listen while i play my green tambourine ♪ >> ♪ let the sunshine in

tommy: many of the artists back then are still with us today. jenny: and in some ways, as big as ever. >> ♪ lookout, kids >> ♪ you've got to change your way, baby before i stop loving you ♪ >> ♪ i know it is not much, but it is the best i can do my gift is my song, and this one's for you ♪ jenny: some of the strongest, most assertive female artists of all time came out of this period. >> ♪ you and i traveled to the beat of a different drum can't you tell by the way i run ♪ >> ♪ you are so vain you probably think the song is about you ♪

>> ♪ i looked at it now from all sides now from up and down ♪ jenny: don't go looking for "the woodstock collection" in stores. it is only available right here from time life. just call the number on your screen or order online. listen in your home. and if it is not the best collection you have ever heard, simply send it back and time life will refund your purchase price. it is that good. so do not wait. call now. announcer: it started in san francisco, came of age in woodstock, changed us and the world forever. and now time life has put it all together in "the woodstock collection," the music of the love generation. >> ♪ if you're going to san francisco be sure to wear some flowers in your hair ♪ >> ♪ all the leaves are brown >> ♪ all the leaves are brown

>> ♪ and the sky is gray >> ♪ and the sky is gray announcer: you will relive the great times, incredible songs, and artists that were very much a part of our lives. >> ♪ groovin' on a sunday afternoon ♪ >> ♪ the beat goes on the beat goes on ♪ announcer: you have the peace songs, psychedelic songs, happy songs, feel good songs, the true classics, the songs that make the woodstock collection, the music of the love generation, come alive. >> ♪ born to be wild born to be wild ♪ >> ♪ it's the time of the season when the love runs high ♪ >> ♪ hot town, summer in the city back of my neck getting dirty

and gritty ♪ announcer: every cd is filled with great songs and great memories, along with complete liner notes telling the story of this great era. >> ♪ sunshine came softly through my window today ♪ >> ♪ she's got it yeah, baby, she's got it i'm your venus i'm your fire what's your desire ♪ announcer: order now and you can own this fabulous collection of eight cds for five easy payments of $29.99 each. that is just $.86 a song. >> ♪ to everything turn, turn, turn there is a season turn, turn, turn ♪ >> ♪ i'm leaving on a jet plane i don't know if i will be back again ♪ announcer: but wait, that is not all. when you order with your credit card, we will send you absolutely free a two cd set

called the "summer of love," 40 of the greatest hits from that once-in-a-lifetime summer. >> ♪ but i can't help but love you so ♪ >> ♪ when you're feeling low and the fish won't bite you need a little bit of soul to put you right ♪ announcer: even that is not all. call in the next 10 minutes and get free shipping and handling. that is a total of 10 cds from a special time in american history. >> ♪ turning a whiter shade of pale ♪ announcer: remember, this collection is not sold in stores, so call now. jenny: tommy, this era was filled with be-ins, love-ins, unrest, and protest. call in the next 10 minutes and get free shipping and handling. that is a total of 10 cds from a special time in american history. tommy: that's right, and from all that came a new kind of music called folk rock. >> ♪ good morning, america, how are you? don't you know me, i am your

native son ♪ >> ♪ morning has broken like the first morning ♪ >> ♪ here comes the sun here comes the sun and i say it's all right ♪ >> ♪ summer breeze makes me feel fine blowing through the jasmine in my mind ♪ tommy: yet as serious and meaningful as those times were, they also gave birth to a new kind of pop music. >> ♪ these eyes are crying these eyes have seen a lot of loves but they're never going to see another one like i had with you ♪ >> ♪ cheer up, sleepy jean oh what can it mean to a daydream believer ♪ >> ♪ kicking down the cobblestones looking for fun and feeling >> ♪ these eyes

are crying these eyes have seen a lot of groovy ♪ tommy: this music connected our generation. jenny: and not just where we lived, but all over the world. >> ♪ give me some loving >> ♪ it's all right now baby, it's all right now ♪ >> ♪ brown eyed girl you are my brown eyed girl ♪ >> ♪ hush, hush >> ♪ i thought i heard her calling my name ♪ tommy: we even had our own language. we said things like "groovy" and "far out." we went to head shops too, and the music was always a big part of that experience. >> ♪ i'm out on the road again ♪ >> ♪ in the year 2525 if man is still alive ♪ >> ♪ signs, signs, everywhere

are signs blocking out the scenery, breaking my mind ♪ >> ♪ nights in white satin never reaching the end ♪ jenny: there were also bands that came out of this era that went on to become legends. >> ♪ oh, listen to the music oh, listen to the music ♪ >> ♪ does anybody really know what time it is? does anybody care? ♪ >> ♪ what goes up must come down spinning wheel got to go around ♪ tommy: this era started in the mid-1960's, with a generation feeling that better thinking and better living would make a better world. music, all kinds of music, was changed forever. and this collection shares those times and memories. >> ♪ good morning, starshine

♪ the earth says hello >> ♪ they call me mellow yellow they call me mellow yellow ♪ jenny: wow, hearing all of this music again is unbelievable. you could search the internet, scour the record stores, rummage through your attic, or spend hundreds of dollars, and you still wouldn't be able to find all of these songs anywhere, but now you can own them all, 174 hits that were so much a part of our lives and who we are today. so let that freak flag fly and call now. announcer: it started in san francisco, came of age in woodstock, changed us and the world forever. and now, time life has put it all together in "the woodstock collection," the music of the love generation. >> ♪ hey, mr. tambourine man play a song for me ♪ >> ♪ monday, monday so good to me ♪

announcer: you will relive the great times, incredible songs, and artists that were very much a part of our lives. >> ♪ it is a beautiful morning i think i will go outside for a while ♪ >> ♪ what a day for a daydream what a day for a daydreamy boy ♪ announcer: you will get 174 original hits by the original artists all digitally mastered to give you studio perfect sound. >> ♪ why don't you come with me, little girl on a magic carpet ride ♪ >> ♪ don't you want somebody to love? don't you need somebody to love? ♪ >> ♪ i got you babe announcer: you had the peace songs, psychedelic songs, happy songs, feel-good songs, and the true classics, the songs that make the music of the love generation come alive.

>> ♪ i'm going up the country, baby, don't you want to go? i'm going up the country, baby, don't you want to go? ♪ >> ♪ she keeps me hanging on announcer: every cd is filled with great songs and great memories, along with complete liner notes telling the story of this great era. >> ♪ young hearts can go that way ♪ >> ♪ monday will never be the same ♪ anouncer: you could spend hours of time and hundreds of dollars trying to find all the unforgettable hits in "the woodstock collection," but time life has done all of that for you. and if you order now, you can own this collection of eight cds for just five easy payments of $29.99 each. that is just $.86 a song.

>> ♪ got a black magic woman got a black magic woman ♪ >> ♪ i can't see me loving nobody but you for all my life ♪ anouncer: but wait. that is not all. when you order with your credit card, we will send you absolutely free a two-cd set called "the summer of love," 40 of the greatest hits from that once-in-a-lifetime summer. >> ♪ incense and peppermints, meaningless nouns turn on, tune in, turn your eyes around ♪ announcer: even that is not all. call in the next two minutes and get free shipping and handling. that is a total of 10 cds from a special time in american history. >> ♪ another pleasant valley sunday here in status symbol land ♪ announcer: and here's the best part. if the woodstock collection is

not the best collection you have ever heard, send it back and we will refund your purchase price. it is that good. remember, this collection is not sold in stores, so call now. >> the music sounds good no matter what, no matter when you listen to it, and it sounds great, i think. >> everyone needs this collection in their collection, because it covers everything. >> i put it on with some friends and you can't put a song on without going, my god, i have not heard that in ages. >> the best thing about it is that it is all the music, altogether in 10 cds. tommy: hey, this show has been a blast. the music in "the woodstock collection" is just incredible. it shaped and defined a generation. i'm tommy james. enjoy the music. announcer: the preceding has been a paid advertisement for time life's music collection. ♪

>> the following is a paid program. the opinions and views expressed ofnot reflect those bloomberg, its affiliates, or its employees. the following is a paid advertisement for time life's music collection. these are songs that can relax and soothe you. love thereere my will be songs to sing ♪ >> songs that make you feel good. you're just too good to be

true you would be like heaven to touch ♪ >> songs that take you to wonderful places. up, up and away in my beautiful balloon ♪ >> these are the greatest easy listening hits of all times. our love is saying so much more than words could ever say ♪ us on ang the -- join journey of easy listening music. >> ♪ looking through your eyes i see a memory oh mandy, you came and you gave without taking ♪ >> when music was filled with lush melodies.

lovely as the summer's day ♪ >> gorgeous arrangements. ♪ >> ♪ you see this girl this girl, in love with you ♪ >> and the most wonderful singers. used to losingt you ♪ >> sit back and take a musical location -- vacation. me ♪mewhere waiting for life's easyg, time listening classics. beautiful music from the golden era of easy listening. let us go back to a time when

music was supposed to sound good. it was a time filled with wonderful music memories. you like i't love love you if he did, he would not break your heart ♪ >> ♪ i am a lineman for the county and i drive the main roads ♪ timedo that to me one more once is never enough with a man like you ♪ >> ♪ i hear laughter in the rain walking hand-in-hand ♪ >> easy listening music had a sound, a home on the radio, and a place in our hearts. >> ♪ georgia, georgia

the whole day through ♪ you you don't have to say love me, just be close at hand ♪ you don't have to stay forever, i will understand ♪ 1960's, whiley rock 'n roll was coming of age, rock stars were not afraid to slow it down and give us sweet memories. only fools rush in help falling in love with you ♪ oh, my love

, i hunger for your touch ♪ dreams, dream, dream, dream when i want you in my arms ♪ >> ♪ every day it is getting closer, going faster than a roller coaster ♪ there were those songs that gave us rhythm and sounds that took us to faraway places. the girl from ipanema ♪

>> ♪ when the moon hits your eye , that isg pizza pie amore ♪ eyes ♪ spanish teardrops are falling from your spanish eyes ♪ withme songs took us back nostalgic feelings of better times. my imagination will thrive on what you give ♪ >> ♪ everything is beautiful in its own way ♪ >> ♪ who can take the sunrise sprinkle it with dew

cover it with chocolate and a miracle or two ♪ >> some songs simply remind us of special people and special times in our lives. times, the bad times, and all of those in between do you remember the times of your lives ♪ >> the sounds and the music and last forever and now, all of the most beautiful hits and the great feelings are together in one collection. castles in the air life's easye classics and getting those are as easy as picking up the phone. these are songs that make you feel good. songs that relax and soothe you.

songs that take you to wonderful places. >> ♪ do you know the way to san jose. ♪ >> ♪ my eyes adored you though i never laid a hand on you my eyes adored you ♪ songs arel of those together in time life's easy listening classics. >> ♪ hey there, georgie girl know when you make could ever see the loneliness there ♪ >> ♪ have you never been madly in love have you never tried ♪ the mostll hear soothing and beautiful melodies of all time. morning ♪ me in the you will hear artists like

diana ross, harry como, and barry manilow. makei write the songs that the whole world saying -- the whole world sing ♪ >> carly simon. >> ♪ anticipation >> and all of the biggest songs that defined easy listening music. >> ♪ by the time i get to phoenix, he -- she will be rising ♪ >> time might has done all of the work and every song has been digitally remastered for studio perfect sound. >> ♪ when i fall in love it will be forever ♪ >> plus, you will get a 32 page booklet of stories regarding the

artists and their music. >> ♪ she wore blue velvet velvet in the night. ♪ >> don't waste your time and money trying to get these hits yourself. just order now and you can own these on eight cds with -- for just five easy payments. >> ♪

>> it is just $.99 or song. -- per song. next 18 minutes and get free shipping and handling. that is a savings of nearly $17. >> ♪ sunshine on my shoulders makes me happy in my eyes can make me cry ♪ easymember, if time lights listening classics is not the best collection you have ever heard, just send it back and we

will refund your referral -- your full purchase price, no questions asked. here is the best part, you get the entire easy listening classics collection plus two bonus cds of movie hits for less than $.99 per song. plus your 32 page booklet and free shipping. this offer is not available in stores. it is only available right here. don't wait. order now. >> welcome back to easy listening classics. in the 1960's, many of our most -- burt songwriters bacharach and held david -- hal david. moments ♪ >> if you see me walking down the street and i start to cry each time we meet, walk on by ♪

now,what the world needs is love, sweet love ♪ anybodyaway doesn't stay in one place anymore ♪ >> if i could save time in a bottle the first thing that i've ♪ke to do mind,f you could read my love what a tale my thoughts would tell ♪ >> ♪ you can tell everybody, this is your song ♪ >> easy listening had its own

billboard. it became adult contemporary. throughout those times, it was the sound and feeling that distinguished easy listening to other categories. me, let me release go don't love you anymore ♪ >> ♪ traces of love that did not work out right ♪ myself, don't want to be all by myself ♪ >> movie soundtracks for the home of easy listening soundtracks of all time. >> ♪

, wider than ar mile i am crossing you in style, someday ♪ he is the manr, the man with the midas touch ♪ >> there were also some beautiful, romantic kids that reminded us of the loves of our lives. >> ♪ love me tender love me sweet, never let me go ♪ made me leave my happy home ♪ sleepo i sing you to

after the loving with a song i just wrote yesterday ♪ >> we all have such busy lives in this music gives us an easiest date to a more beautiful world. >> ♪ i cried a tear you wiped it dry i was confused and you cleared my mind ♪ senses, like up my a night in the forest ♪ ooh, baby, baby -- ooh, baby, baby ♪ >> now, you can have all of these beautiful hits together.

your satisfaction is always guaranteed. work -- so call now to get your own collection. it had a sound and a home on the radio and a place in our hearts. love will keep us together ♪ >> songs that take you to wonderful places. >> ♪ up, up and away in my beautiful balloon ♪ >> those songs are all together in time life's easy listening classics. you it's too late baby ♪ will hear the most soothing melodies of all times. >> ♪ i can't live if living is without you ♪ >> you will hear artists like frankie valley, parry como, barry manilow. >> ♪ looks like we made it

andy williams, helen reddy. >> ♪ you are a special lady >> and all of the biggest songs that defined easy listening music. >> ♪ tie a yellow ribbon around the old oak tree it has been three long years ♪ >> why bother putting this together on your own. time life has done all of the work and each song has been digitally remastered for studio perfect sound. >> ♪ 32plus, you will get this page booklet with folders and stories regarding the artists and their music. -- are readre met my love, violets are blue ♪ >> don't waste your time and money trying to get these all yourself. can owner now and you

this collection on a cds for just five easy payments of $29.95 each. but wait, order right now and you will also get a free onus collection. time lights movie classics. movie classics. two cds of beautiful hits from the music. rainbowewhere, over the , way up high ♪ >> 28 unforgettable songs. >> ♪ hello dolly cds for less 10 than $.99 per song. >> ♪ >> but wait, there is more.

order in the next 10 minutes and get free shipping and handling. a savings of nearly $17. remember, if time life's easy listening classics is not the best collection you have ever heard, send it back and we will refund your old purchase price, no questions asked. get is the best part, you the entire easy listening classics collection plus two bonus cds for less than $.99 per song plus your 32 page booklet and free shipping. this offer is not available in stores. it is only available right here. don't wait. order now. >> welcome back to easy listening classics. some of our favorite all-time

singers have given us relaxing hits. green, redtrees of roses too it is impossible sky the sun to leave the it is just impossible ♪ >> ♪ are you lonesome tonight do you miss me tonight? ♪ shark has such big teeth and he shows them pearly white ♪ >> artists from all genres a bus feelsng music that still great today including the greats from country. >> ♪ crazy, i am crazy for feeling so lonely ♪

>> ♪ by the time i get to phoenix, she will be rising ♪ rent,railer for sale or rooms to let, $.50 no pets i ain't got no cigarettes ♪ >> ♪ honey, i miss you and i am being good artists like the temptations gave us a lot of masterpieces. life ofple say i am the the party because i tell a joke or two ♪ >> ♪ it was just my imagination running away with me ♪ >> ♪ some day, we will be

together ♪ >> singer songwriters like jim croce, elton john, and john denver. they performed beautiful songs. >> ♪ i have got a name i have got a name ♪ , likeou fill up my senses a night in the forest ♪ >> ♪ everybody is talking at me i don't hear a word they are saying only the echoes of my mind ♪ is sailing tonight on a plane taillights ♪ red what all of these songs have

in common is beautiful melodies and soothing arrangements that make us feel good. >> ♪ what do you get when you fall in love? that is what you get for all of your trouble i never want to ever fall in love again ♪ of these songs are together for the first time. it is time life's easy listening classics. you get all of the songs we are hearing plus many more. now is the chance for you to get your collection. these are songs that make you feel good. songs that relax and soothe you. songs that take you to wonderful places. >> ♪ do you know the way to san jose ♪ my eyes adored you

though i never laid a hand on you, my eyes adored you ♪ >> now, all of those songs are together in time life's easy listening classics. >> ♪ hey there, georgy girl mad have you never been love? ♪ hear the most soothing and beautiful melodies of all time >> ♪. , thenme in the morning just walk away ♪ >> you will hear artists like dion warwick and barry manilow. >> ♪ i write the songs that make the whole world saying -- sing ♪ >> andy williams, carly simon >> . , anticipation ♪

>> and all of the biggest songs that defined easy listening music. >> ♪ i am a lineman for the county and i drive the main roads ♪ >> why bother putting this together on your own. time life has done all of the work and each song has been digitally remastered for a studio perfect song -- sound. plus, you will get this 32 page booklet with photos and stories about the artists and their music. >> ♪ you have lost that loving feeling. the loving feeling ♪ your time and money trying to get all of these hits yourself. ownr now you -- and you can

these eight cds. >> ♪ >> but wait, order right now and you will also get a free bonus collection. time life's movie collection. hits from beautiful the movies. >> ♪ where do i begin to tell the story of how great a love can be the sweet love story ♪ >> 28 unforgettable songs. >> ♪ there has got to be a morning after ♪ >> that is a total of 10 cds. song.s less than $.99 per

but wait, there is more. order in the next three minutes and get free shipping and handling. that is a savings of nearly $17. >> ♪ sunshine on my shoulders makes me happy. if time life's easy listening classes is not the best -- classics is not the best collection you have ever heard, we will refund your purchase price, no questions asked. here is the best part, you get the entire easy listening classics collection plus two free bonus cds of movie hits. 152 songs in all. plus, your 32 page booklet and free shipping. this offer is not available in stores. it is only available right here. don't wait. order now. preceding was a paid

advertisement for time life's music collection. ♪

anna: split decisions. stocks in shanghai jump to curb panic, but the pboc governor rules out stepping in with more stimulus to boost economic growth. chancellor george osborne sets the stage for austerity in this week's u.k. budget. and germany divided. the talk of the german chancellor's party tumbles over refugee policy.

welcome to "countdown," i'm anna edwards. 6:00 here in london; let's get your monday morning started with a look at what has been happening to global risk appetite. back on friday, we saw the s&p turning positive year to date; that got the asian markets excited overnight, and we are moving higher. let's have a look at this charter, this risk revival. global shares are hitting a 2.5 year low. they jump since then, broadly speaking, and oil has rallied. this was the low point in 2003, and we have three central banks are doing policy this week. the bank of japan, bank of england, and the fed -- what they have to say about the return to risk appetite we have seen so far this month. with all that in mind, let's

check in on how things have been moving around in the early part of the asian trading session. mixed messages out of china -- some reassuring word from the stoxx regulators, which got equity markets excited. up by 2.3% on the shanghai. 3/10 of 1% -- bear that in mind if you like the correlation between the oil price and the stock. 10-year u.s. bond yields, although we have anything but flat since the middle of february. we have come a long way as the market has readjusted its estimates of what we will see from the fed this year. that's a quick look at the markets. let's get to the first word. german chancellor angela merkel has suffered defeat at usedallot box as voters three state elections to reject your open border refugee policy. andparty failed to capture

came second in the rhineland. hold, butsaxony on struggle after the anti-immigration party picked up a quarter of the vote. meanwhile, in the u.s. election, republican front-runner donald trump has changed a monday night rally in florida to ohio, where polls show governor john kasich may be pulling ahead. trump made a few other tweets amps weekend that seemed to t down emotions after violent protests arrested in chicago on friday night, forcing the cancellation of a large rally and resulting in several arrests. millions of people have rallied across brazil, protested against corruption and calling for the impeachment of the president. they marched along rio's copacabana beach, and through theyenter of sao paulo, as

suffered their worst recession in decades and dozens of lawmakers and business executives are embroiled in a corruption investigation. at least 34 people have been killed in an explosion in ankara. a suspected suicide bomber blew up a car close to the prime minister's office, wounding about 125 other people. this comes less than a month after another suicide bomber killed dozens of soldiers in a convoy passing through the city. militants linked to al qaeda say they led an attack on sunday that left at least 22 people dead in the ivory coast. it's a third assault since november, and the first attack by the islamic state. militants in the ivory coast have been on high alert since november when they attacked a hotel in mali, leaving 20 dead. global news, 24 hours a day, powered by 2400 journalists in

150 news bureaus around the world. you can find more stories online. anna: thank you. let's check in on the asian equity session. juliette saly is standing by. risk appetite aplenty on friday, being picked up where you are. juliette: absolutely. we are seeing risk appetite very much in favor today. the regional benchmark index had its third session of games, looking like it is on track to close at the highest level since january 5 right across the board. in late trade, the shanghai composite is up by 2.4%. as you are mentioning, the regulator is saying they might be withdrawing support from the markets, although they did fall short of saying they would add more. certainly, we have seen some very strong buying coming through in that market and also here in hong kong. korea has closed marginally higher with the won

strengthening for a third consecutive session, and the nikkei 225 is up, really boosted by the fact that we saw japanese machine orders in january way up, 15% on the month versus estimates of 1.9%. up, and we have a look at some of the major movers in the region today. we have seen some great games coming through from the energy players, likely parsons. developers are looking really good in hong kong. china is up by almost 12%, and their overseas land up. solid buying coming through across the region, and also commodity currencies getting a boost as well. anna: thank you. juliette saly from hong kong. china has's bank of

said stimulus is needed to support growth. the statement comes as data showed industrial output and retail sales grew more slowly than was expected in january and february. let's get more with stephen engle. good to see you. how did these comments contrast what many economists say is needed? we heard a lot of people saying looser monetary policy, prevent a deepening of the slowdown. put in context of we have heard from the pboc. >> absolutely. all the data we have had in the recent months has been clear evidence of a weaker economy. yes, there are some signs of stabilization, particularly in real estate, but still, these monthly indicators are quite weak. do contrast with what a number of economists are saying is needed -- looser policy. he was calm at the press conference. he said as long as there isn't any big economic or financial turmoil, the pboc will basically

keep its pretty monetary policy, albeit with a slight easing bias. we've had six interest rate cuts over the past year, but it has not fed into a number of key indicators like industrial output. it rose just 5.4% over the weekend; that's for the january-february combined period because of the seasonal distortions. it was below estimates, and as you know, it has persisted in deflation now for four straight years, 48 consecutive months. key barometer as well for the government, it cli mbed just 10.2% in january and february, missing the 11% forecast. this is all on top of much lower credit figures as well. aggregate finance dropped off sharply from the numbers we got a month before. the monthly indicators tell us one thing -- weakness in the

economy. the calm and that he is said we have our hand on it, we will keep things as study, and right now we don't need any major stimulus. and he seems that fast in his support of the yuan. it's very popular with hedge funds, hanging in with that trade. how is that going for them? >> [laughter] good luck with that one, betting against the pboc. they've done that, but so far, he's held pretty steady. we heard earlier from another chinese official, he basically said it wouldn't be smart to bet against the yuan, and that is turning out to be the case. it fell against the dollar by 4.5% through the end of the year, but since then, it has almost exactly got back to where it was at the beginning of the year. he has acknowledged the downward

pressure on the economy, but he says there is no basis for a weaker yuan, as many hedge funds have bet. anna: thank you. stephen engle, joining us from beijing. let's get more on that conversation with the head of global fx strategies at unicredit. great to see you on the program. what do you expect from the chinese authorities? as we were hearing from stephen engle, a fairly collocated picture around the currency. i have a chart that shows what the chinese currency has been --ng against the dollar fairly flat, if anything strengthening in recent weeks. bu when you trackt the yuan against the basket, that is where the chinese authorities want it. we have seen some weakening of the yuan versus this basket. where's your focus? >> i think what you are clearly showing is a dollar weakness. that's the story that has been

the case for the past one, one and a half months. as far as the renminbi is concerned, it is perfectly clear that the authorities want to focus on the basket. they'd like to see some stability, or even better, some slight weakness in that -- anna: risk off. >> precisely. i think this will continue. the one thing about the pboc that we should bear in mind is that they are learning by doing. over the past year or so, like for example in august, i suspect that the market was unexpected. i think the important thing to remember is that, as we are going through this phase and the central bank is learning by its mistakes, they are fixing --

it's much more normal. so i suspects that from here on, it will be a gradual depreciation. anna: against the basket. and what about against the dollar? edgedollar story -- ha funds had been betting on the weakness of the currency. >> on the whole, it will depend on how the dollar fares against the other major currencies, but i still expect the renminbi to weaken against the dollar. i think it is because china is moving towards more liberalized capital accounts. of which itocess will see a continuation of capital outflows. -- wet environment, i see will have some volatility, but i see the case of further depreciation. anna: when you talk about learning by doing, how do you weigh their efforts so far in

terms of verbal intervention, stopping capital outflows? what do you see them learning? >> well, one thing they have definitely learned is that the dollar has been interpreted significantly by the market. thinkt perspective, i they are moving toward a much better place. i don't know. 10,ou ask me to give a 1 to i would give it a 7. anna: thank you very much. more from him as we go through the program. here's your very busy week ahead. first up, opec publishes its iranhly oil report as thou's to continue boosting production by one million barrels per day. tomorrow, we get a rate decision from the bank of japan. in united states, several states head to the polls for primary votes.

wednesday, we get a rate decision and policy statement from the federal reserve and u.k. chancellor presents his annual budget. that is followed by a rate decision from the bank of england and south africa. friday, a rate decision from russia and mexico. plenty of right decisions. up next, fed in focus. tightening takes the shape of a question mark ahead of this week's outlook statement. what to expect from the fed, next. ♪

anna: welcome back. this is "countdown. " a live shot of victoria harbour in hong kong. the hang seng is up by more than 1% in asia. it's just gone 2:00 in the afternoon. 6:17 here in london. let's get the bloomberg business flash. >> thank you. overseas is buying civic

property assets for $4.8 billion, leaving them with a 10% stake in the company. it comes as china seeks to reform state owned enterprises and as civic tries to gain value. china overseas has agreed to sell more than one billion shares. the stock has gained in hong kong trade overnight. onbang insurance group has agreed to buy hotels and resorts from blackstone. it marks a record transaction for chinese buyers of american real estate, giving the insurer a range of 60 u.s. luxury resorts and hotels from san diego to manhattan. blackstone completed its acquisition just three months ago. vontety developer china is getting into the real way business -- the railway business. it's part of a restructuring plan which would see them buy more than $9 billion in assets.

the company plans to to sell shares to shenzhen metro and pay cash to make up for a potential short. the stock surged on the news by the most in over a year. pimco may not get a quick and to would have which them pay over a million dollars. a california state judge has tentatively ruled that the claimant can go forward with his wrongful termination lawsuit. the company says the case should be thrown out because he failed to show he had any agreement with the firm guaranteeing his employment. that's your bloomberg business flash. anna: thank you. it's march madness for central banks this week. that is as we get more than a dozen right decisions from across the world. above all, investors will be closely watching a statement from one central bank. the federal reserve is expected hold off on raising

rates. we will be watching the policy statements and data quarterly forecasts from individual fomc officials. the head of global fx strategies from unicredit is still with us. get us ready for this meeting. where do you think the fed is going to head this time, and into the rest of the year? >> i would be really surprised if they pulled the trigger. i expect interest rates to hold. having said that, i expect the statement to be balanced. i think the last thing the fed wants is to validate whatever concerns that are left regarding the turmoil. at the end of the day, things have been normalizing. anna: you think central banks need to be seen to keep their heads? in times of volatility, they have to not respond? >> they have to.

did sets the tone. anna: i just pulled up the work function. a 77% chance of a rate hike by the end of this year. -- willyour expectation be get further insight? will we still end up with this divergence between what the market thinks and what the fed meeting?ter this >> i think the market has got itself really complacent about the possibility of more rate hikes this year, as opposed to just one. having said that, i don't think it will have a major effect on the dollar. we have been saying this for six months -- the dollar has priced in a lot of monetary policy divergence. whether this gets once or twice this year, it will be irrelevant. dollar is declining. anna: if you look at this from the perspective of the dollar --

i pulled up the u.s. dollar trade weighted index, the fed version, the year-to-date chart. we kept talking about how stocks have been covered since the early part of february, and that you could see some movement, because this went hand-in-hand with the reassessment of whether the fed might hike. in the most recent trading session, you see dollar weakness. is that because the flight to safety trade is all important in currency markets? what has been driving this weakness? >> i think it is a gradual assessment by the market that the dollar has been substantially violated, and now the market is coming to terms. it's just trying to price that significant valuation. i think that has been and will continue to be the major driver of the dollar. anna: how much is that overvalued? >> our estimate at the beginning of the year was 15%. i think it is fair to say that we are 12%-13% right now. anna: let's look at other

central banks. it is a long list of central banks meeting this week. where do you see them heading on policy? some people have suggested that maybe they will wait until april, if they will do any more quantitative easing. that would be the time to do is -- what is your estimate? >> we have recently changed our view on the yen and the bank of japan. so far we have been quite bearish because we are seeing the risk of these guys pulling the trigger as much higher. i think the boj is done by now. i think the main message we have got from the meeting is not only what they did, but what they didn't do. what they did was a marginal move. what they didn't do was increase quantitative easing.

then, a number of statements seem to suggest that these guys believe they have done a lot, and they have. and now is the time to step back, wait, and assess how the situation develops. inflation in japan is low. inflation expectations have been heading south. that theresearch says japan idiosyncratic factors have ning, meaning it is mostly due to global factors as opposed to japan specific factors. anna: a lot of central banks are in the same camp. where do you see the japanese currency heading then? you turned more positive on this. , the yen has been significantly undervalued for the past couple years, partly because they wanted it to be. we were bearish, as i said

before, largely because we thought these guys would pull the trigger. now we don't think that. we see the undervaluation coming into the driver's seat. year we have a dollar-yen of 108 and further depreciation into 2017. anna: some european central banks meeting -- the norse bank, the smb, the bank of england. talking about the smb and others in europe, a lot of the focus is going to be on what the ecb did last week, transmitted around the rest of europe. for those banks that already have negative interest rates, they will want to know whether they can follow the ecb. what is your expectation? >> first of all, i think it becomes a really crazy game, if you start emphasizing further negative interest rates.

these guys are penalizing the banking sector. anna: and a draghi wants to put a line in that sand. >> i think the main concern the smb has had all along -- we are going to see it fueling into the swiss franc, because of the very low interest rates by the ecb. this has not panned out, meaning that the snb is double. i still think they would like to see euro-swiss higher, but just as long as the no pressure of euro-swiss is one away or 105, i think they will maintain. anna: thank you for joining us. ahead of global affect strategy at unicredit, giving us his thoughts. , tightening the strings. george osborne sets the stage for war austerity in this week's

u.k. budget. let's have a quick check on where the asian markets are trading. looking fairly positive. we are strong on the shanghai composite, the hang seng, and the nikkei, all up by more than 1%. ♪

anna: welcome back, this is "countdown." let's get the bloomberg first word news. >> thank you. german chancellor angela merkel has suffered defeat at the ballot box as voters use three state elections to reject or open border refugee policy. her cdu failed to recapture three regions. n saxony but will struggle for a viable coalition after the anti-immigration party picked up a quarter of the vote. in the u.s., donald trump has changed a planned monday night rally in