vonnie: that was loretto mr. with bloomberg's kathleen hays.oks like she would be perfectly fine with voting for a rate increase in november. i'm going to call it an outlier call. view,ke loretto mester's very different from boston, the people in the middle. the 10 year yield calls of various houses where barclays completely disagrees with steve major at hsbc. it's amazing the jumble that everybody is faced with. it speaks to the jumble we are going to see in washington at the imf meetings today. the moment the 10 year yield is at 164. tom: by definition you would have to have further weakness. much more from the imf. tom will be interviewing the fund's chief economist next. this is bloomberg. ♪ vonnie: live from bloomberg world headquarters new york, this is bloomberg. we turned the latest warning from the international monetary fund citing political this court threatening to detail the week of global recovery. tom: with us now is maurice osfeld of berkeley. he is the chief of economic research for the economic monetary fund. congratulations o

republicans running for the seat, splitting up the republican vote and nobody could overcome the loretto sanchez not so great showing, the good enough to overcome the republicans in the primary. >> local government is plagued with the business of the top two for years, and it san francisco in other places they have tried to change that to what they are calling a multiple-choice. they called it "rank choice voting." they have to modify this to allow for third-party candidate. under the arrangement involving the top two, you cannot have third-party candidate. there is no way you could end up with a real quality election if in fact you have ruined it all in the primary. >>> coming up, fighter jets take to the skies of san francisco next. what is ahead as fleet week wraps up. ,,,,,, they prey on our children, spending billions. addicting 17,000 california kids each year. eventually killing one-third of them. now tobacco companies are spending millions to... defeat prop 56. because in every state that's raised tobacco taxes, smoking rates go down. so who are you going to trust? pediatricians,

. >> the f facility is new but loretto is old. for 200 for 200 years they made flavors this bowl.1922 brothers open a shop for cured meat. but look, now it is transformed into this modern peace. they make salami, mozzarella, and prosciutto of course., mozzarella, and prosciutto of course. you can even get them packaged together. i went to the factory to see what it took, your made with just three things pork, salt, salt, and a lot of love is all it took. he packed up and sliced because it's a big day, you're ready prosciutto, so come out and play. >> you prosciutto, i got it right here. >> he smelled so delicious, you know my friends are dying to taste, but but don't worry we won't let any go to waste. i brought you some of these magical treats to taste and enjoy. >> it is really good. so salty. thank you. coming up on today's telecast: >> $750,000 worth of debt cancelled! amen! >> he was relieved of $100,000 of debt. >> $39,000! >> when you don't have that in your wallet, $11,000 is like $2 million to you. >> i got $10,000. >> $10,000 miracle! >> all my bills is paid and i've got

. >>> denver sports fans cheered them on for years and now one of the -- two of the most popular loretto athletes are asking for your support when you vote in a few weeks. tom mustin reports. >> reporter: they are two of colorado's greatest sports heroes, john elway and chauncey phillips. and now both are using their celebrity status on the campaign trail. they are supporting amendment 71 colorado constitution. >> they don't belong in the constitution. that's why amendment 71 deserves your vote . >> reporter: phillips supporting hillary clinton. >> we are here today to endorse hillary clinton . >> reporter: monday, phillips appeared in park hill along side former mayor -- alongside former mayor webb. >> i am not a politician nor do i have the desire to be but i am a conscious citizen . >> reporter: phillips says he decided to endorse clinto after hearing donald trump's so- called "locker room talk." >> to be bragging about sexual assault is flat-out disgraceful. i have never been part of a locker room like that nor will i ever be . >> reporter: political analyst dick wadhams says both ph

. >>> denver sports fans cheered of the -- two of the most popular loretto athletes are asking for your support when you vote in a few weeks. tom mustin reports. >> reporter: they are two of colorado's greatest sports heroes, john elway and chauncey phillips. and now both are using their celebrity status on the campaign trail. they are supporting amendment 71 to make it harder to change the colorado constitution. deserves your vote . >> reporter: phillips supporting hillary clinton. >> we are here today to endorse hillary clinton . >> reporter: monday, phillips appeared in park hill along side former mayor -- alongside former mayor webb. >> i am not a politician nor do i have the desire to be but i am a conscious citizen . >> reporter: phillips says he decided to endorse clinton because of her track record and after hearing donald trump's so- called "locker room talk." >> assault is flat-out disgraceful. i have never been part of a locker room like that nor will i ever be . >> reporter: political analyst dick wadhams says both phillips and elway poll a lot of weight in colorado. >> both

, kathleen hays will be at the federal reserve bank of cleveland with an exclusive anterview with loretto nejra: some quick breaking news on auto sales. downptember auto sales 7.8%. down 1.8%. adr actually trading in germany tonight as german markets are closed. coming up after the surprised opec announcement last week, can anyone predict where oil prices are going? we will explore in today's quick take. this is bloomberg. ♪ you are watching bloomberg. i am vonnie quinn. nejra: this is your global business report. here is what we are watching. london-based henderson group has agreed to buy janus capital, creating a massive capital money managing business. vonnie: sales picked up in the third quarter. is this mean the company can stick with its ambitious sales forecast? nejra: oil prices are once again on the move after the opec meeting. we will explore the forces behind this trillion dollar market with a quick take. vonnie: a big takeover in the money management business. henderson decided to take over janus. the combined sale will have a market value of $6 billion. henderson's the ceo sp

that is on the back of that kind of perception that the central ma --and loretto loretta mester suggests that things are in flux. mumbai has been trading for 20 minutes and we are waiting for the r.b.i. decision. the hang seng is flat. but the topix is saying another day of gains on the back of weaker yen. exporters are getting a left. east, itin the middle is just two hours away from the opening of the emirates markets. that would be at 10:00 a.m. local time. this is the picture that took place -- overall a negative one. dubai down almost 2%. the sentiment is being driven by what is happening in saudi arabia. sincearket at its lowest march 20, 2011 as a result of the regulatory changes. on the whole, the question is how many of these companies have exposure to what is the region's largest economy. and then you have the other side of the gcc and middle east performance and that is what is happening in egypt on the back of expectations of a devaluation being imminent. stocks are soaring on the back of that. let us check in on the first world headlines around the world. ahead. auto sales c

loretto lynch wants to focus on a different kind of policing -- community policing. today lynch announced nearly $120 million in justice department grants to help police department across the country hire new officers, rehire others in prevent layoffs. >> i see no downside. icf win-win for everybody. community policing boils down to one thing. building relationships, knowing the people you are area that you work with. >> reporter: all officers are assigned to a specific community at this department and for the most part stay not community long-term. >> that goes a long way to get rid of a lot of the problems before they ever happened as far as any kind of tensions between the community and the police. >> reporter: he believes that is one of the reasons why his offices the community images department works with them not for them against them but with them. >> reporter: it is a message he hopes spreads to all police department said communities.>> making policing a partnership. >> the department of justice grants are being awarded to 184 law enforcement agencies across

pamela harris and loretto sanchez. [applause] i would like to thank you for and the candidates as well for being here. welcome adrian albert, pathtive director of the ,round institute, and janice past president of the league of women voters of california. a quick overview of the format tonight. i will ask the first of the questions. the person to whom the question is addressed will get 90 seconds to answer. if the first candidate so have an she will additional 30 seconds after that. we will end at the first half with a question from an abc news viewer.ess then we will take a short break at the halfway point. we will begin the second half of of debate with a mix rapidfire questions. and longform questions from our questions as well as from a cal state university student and another abc seven eyewitness you were. each candidate will have 90 seconds for closing statements at the end. we begin. yours is the highest profile race since california voters adopted the top two election system in 2010. you are both democrats a lo

coming up, an interview with cleveland fed president loretto mester. caught it is a first monday in october and that means a supreme court meet in public since june. one seed remains in the after the death of antonin scalia a. . it is the first time that the court has been less at full strength. donald trump resisting pressure to release a tax information about his finances. says theork times republican nominee posted a $960 million loss on his 1995 income tax return. that may have led trump eliminate his federal tax bill for almost two decades. global news 24 hours a day powered by more than 26 journalists in more than 120 countries. this is bloomberg. alix: thank you so much. markets are underpricing risk of a trump victory that could have many market implications as we go forward according to david woo and bank of america. that blue line is the clinton-trump spread. line, they own bonds, funds,. it is not a perfect correlation. in the last two weeks, the red line, when trump was gaining, risk purity funds sold off. david, is this a risk in the marke

after he finished his statement they had a surprise speaker which was loretto lynch of the atty. gen. for the united states. she got up and also gave a rousing speech thanking law enforcement and reminding us to be vigilant skin so was an impressive conference. i had to leave august we had the officer involved shooting and i came back with that but it was an impressive conference i said that one packet >> sheet is up being more 7 than normal? it sounds a diverse group of the representation going to a conference like that. is that more than in years past? >> no. in years past we try to mix it up and bring people from everywhere that we impacted by the modules taught at the conference. this year i think that modules that were specific to areas that are having one person having issues with nationwide. >> thanks. >> i'm going to upcoming events. on mission station has a function of conduct on 22nd and that's going to be from 10 am-3 pm location of that will be mission station. why seek community barbecue will be at the civic center and that is also on the 22nd and that will be from 1

presidentseland fed loretto masters says the move will likely be strong. >> there is a case for movinghe rate of gradually. there are some people who think you want to curtail expansion, not at all. the first half of the year, growth was around 1%. i still think we will see a rebound in the second half. my view is that we are going to be growing about 2%, a little bit over trend for the next two years. inflation expectations are reasonably well anchored. we have seen them move up over the past year and i think the economic conditions are such that will be going gradually back to our 2% goal. i thought the case was compelling to take another step on the gradual path. if the data coming in as we anticipate, consistent with my forecast over the medium run, that i would expect that the case would remain compelling. of course, we will look at all the data that comes in between do all december as we the time. we like to look at all the incoming information. if the data comes in consistent with what we have been seeing, then yes, i would think it would still remain compelling. >> you would vo

host: let's get loretto on the line. a trump supporter. caller: good morning. ms. garcia, i really could not disagree with you more. for one thing, the nea is encouraging this peer mongering -- fear mongering, bullying being blamed on mr. trump. get real. this has been going on for quite some time here. our schools are in shambles. mr. obama has divided this country here and put the civil rights movement back into the 1960's. the respect for teachers is terrible. i would not want to be a teacher today. they have no control whatsoever. fired as fard be as i'm concerned here. they should let the teachers teach. hillary clinton is a terrible example. done,xactly has she except have these offices here? she is a terrible example here. -- i cringe tod see her in that office here. thiso more deserves position then the man in the moon. guest: let me again respectfully disagree. you have a candidate who as a young law student started working with the children defense fund. rights fighting for the of special ed students in our poorest communities to get the services they nee

turned on the direct or in some within the administration we have reports about attorney general loretto lynch not in favor of colby's letter on friday and read the message before he went public. that's where we are. neil: what a mess. thank you, my friend. connell mcshane. the fbi has a warrant to search those e-mails. the meta-data research some of them where they take keywords, phrases et cetera seem to indicate there could be classified stuff in there. given the fact that there are thousands and there would be hard to think their word. on the phone with us is house judiciary chairman bob goodlatte. great to have you back. is it fair to say among all the thousands of e-mails there are some that shouldn't be there? >> well, that's obviously the reason why the fbi director felt a very too at the congress and american people know that this investigation was moving forward after he had already said he met edition was completed and mrs. clinton spent the last three and half months traveling around the country telling people she had been cleared. it's not only of interest because the female

he drew pressure from the democrats and from loretto loretta lynch. it's entirely possible that when he made the statement he made in july that the republicans said you did not do this right. host: let's go to bob in springfield, virginia, good morning. caller: people in third parties or who supported bernie are watching this the last couple of days. there are three things that bother us. first of all, james comey was ok in july when he said what he said but now it seems the democrats are throwing him under the bus. the second thing is it looks like whatever proof that the russians are involved with the e-mails, those of us trying to be objective say it is the content of the e-mails, is what they actually say that is of concern. it's like pulling teeth to get those things in the light of day. i think the number one issue right now is the idea that people seem to be calling for more information. the people who seem to have control over this information are the people from whom the information originated, the democratic side of the occasion -- equation.

host: let's get loretto on the line. a trump supporter. caller: good morning. ms.arcia, i really could not disagree with you more. for one thing, the nea is encouraging this peer mongering -- fear mongering, bullying being blamed on mr. trump. get real. this has been going on for quite some time here. our schools are in shambles. mr. obama has divided this country here and put the civil rights movement back into the 1960's. the respect for teachers is terrible. i would not want to be a teacher today. they have no control whatsoever. fired as fard be as i'm concerned here. they should let the teachers teach. hillary clinton is a terrible example. done,xactly has she except have these offices here? she is a terrible example here. -- i cringe tod see her in that office here. thiso more deserves position then the man in the moon. guest: let me again respectfully disagree. you have a candidate who as a young law student started working with the children defense fund. rights fighting for the of special ed students in our poorest communities to get the services they need.

my name is loretto, and i'm executive vice president of the peter g. peterson foundation. we are a nonpartisan organization, and our mission is to educate and engage americans in the nation's long-term fiscal challenges. and find solutions that help us achieve and maintain a prosperous and growing economy. we believe that long-term debt is a critical issue for the economy. whatever the issue is that you care about, education, the environment, national security, our ability as a nation to deal with it is grounded in addressing our long-term challenges. we also believe that debate, discussion and dialogue are critical in this presidential election. and that's why we are very proud and enthusiastic sponsor of events like this with bloomberg politics. we are certainly looking forward to this morning's discussion with a range of policy experts. and with everything going on in the news, i think there's a lot more to talk about as well. i'm sure that mark will take us through all of that. thank you for joining us, and it is great to be here for this discussion. [applause] >> ladi

the fbi ignore this.int out also on this letter where was this outrage would bill clinton met with lorettoynch on an airplane. this has happened before. it also happened to our colleague. you will remember ted stevens at the same sort of thing. that's what i'm saying. >> what does he used to his advantage. the indictment was later dropped. now were fighting it might have been as many as 650,000. so much of this could've been avoided if she did in fact do it she said she was good at it. there is a lot of pressure on coming and others. i think he was in a damned if you do damned if you don't position. let's be clear on this. kurt was never charged. let me just say this in defense of what i think he's doing here. don't you think despite everything that's happened in the past if this is something where you have the e word included what it at rise to the level of them having to do something now. >> here's the problem. you're talking about doing something based on rumors. if there is something the specific let the american people know. but the fact that it is infiltrating the media was sources w

after he finished his statement they had a surprise speaker which was loretto lynch of the atty. gen. for the united states. she got up and also gave a rousing speech thanking law enforcement and reminding us to be vigilant skin so was an impressive conference. i had to leave august we had the officer involved shooting and i came back with that but it was an impressive conference i said that one packet >> sheet is up being more 7 than normal? it sounds a diverse group of the representation going to a conference like that. is that more than in years past? >> no. in years past we try to mix it up and bring people from everywhere that we impacted by the modules taught at the conference. this year i think that modules that were specific to areas that are having one person having issues with nationwide. >> thanks. >> i'm going to upcoming events. on mission station has a function of conduct on 22nd and that's going to be from 10 am-3 pm location of that will be mission station. why seek community barbecue will be at the civic center and that is also on the 22nd and that will be from 1

after he finished his statement they had a surprise speaker which was loretto lynch of the atty. gen. for the united states. she got up and also gave a rousing speech thanking law enforcement and reminding us to be vigilant skin so was an impressive conference. i had to leave august we had the officer involved shooting and i came back with that but it was an impressive conference i said that one packet >> sheet is up being more 7 than normal? it sounds a diverse group of the representation going to a conference like that. is that more than in years past? >> no. in years past we try to mix it up and bring people from everywhere that we impacted by the modules taught at the conference. this year i think that modules that were specific to areas that are having one person having issues with nationwide. >> thanks. >> i'm going to upcoming events. on mission station has a function of conduct on 22nd and that's going to be from 10 am-3 pm location of that will be mission station. why seek community barbecue will be at the civic center and that is also on the 22nd and that will be from 1

he drew pressure from the democrats and from loretto loretta lynch.t's entirely possible that when he made the statement he made in july that the republicans said you did not do this right. host: let's go to bob in springfield, virginia, good morning. caller: people in third parties or who supported bernie are watching this the last couple of days. there are three things that other us. first of all, james comey was ok in july when he said what he said but now it seems the democrats are throwing him under the bus. the second thing is it looks like whatever proof that the russians are involved with the e-mails, those of us trying to be objective say it is the content of the e-mails, is what they actually say that is of concern. it's like pulling teeth to get those things in the light of day. i think the number one issue right now is the idea that people seem to be calling for more information. the people who seem to have control over this information are the people from whom the information originated, the democratic side of the occasion -- equation. gu