jonathan: bob miller? bob: bob: i would agree with that. interesting thing about fiscal stimulus, a year ago when the market got disappointed by a lack of legislative process is because there was a lack of legislative process. this time, the legislation -- not only did the tax cuts come through, but you had the bipartisan supplemental budget support. the bills are just being written, the spending hasn't started. the spending is nearly $300 billion in the next couple of years, plus tax cuts. it puts the trade war stuff in perspective. if we're going to put a tariff on $50 billion or $100 billion worth of goods, it needs to be a really large tariff to offset the fiscal stimulus that is only coming into the pipeline in the second half of the year. jonathan: thank you very much for your time, bob miller, anupam damani and george rusnak. from new york, that does it for us. we will see you next friday. this was "bloomberg: real yield." this is bloomberg tv. ♪ julie: i am julie hyman in for scarlet fu. this is "bloomberg etf iq." we focus on the a

jonathan: joining me is bob miller from blackrock, anna, and george rusnak from wells fargo. eat to have you with me around the table. bob, i want to begin with you. i think for many people, it is just drama free and kind of ok, isn't it. bob: you could see the impact over the last three months with over 100,000 jobs in weather sensitive sectors, positive in february and a decline in weather sensitive jobs this past month. i think if you smooth through that, the job market looks ready solid. jonathan: we've had three really different payroll reports. the inflation shocks in january, and february was a goldilocks. and then this disappointing number four payrolls in march. what do you make of the volatility that we see in the data points through the labor market in january and through the first quarter? anupam: the underlying trend of job strength remains despite the headline number today and the broad narrative in the markets related to economic policy or monetary policy really doesn't alter with this report or any of the other reports per se. i think there is a gradual path fo

joining me is bob miller, george resnick, and anupam damani.e margin in credit, things used to have the initial talk and then tighten to execution go to the market and rally above heart. we are not seeing that play out so much when these new issues come to market. why? bob: the market is becoming more saturated with what is going on. you are seeing late cycle behavior, especially in credit, you are seeing the idea fundamentals waking up to debt. the are seeing triple c's outperforming. they've outperformed the last nine or 10 weeks. george: you are also seeing the idea of weaker covenants issuance, and unfortunately the market is pushing back a little on the weakening fundamentals, and not able to digest it as well. jonathan: is it the beginning of the end of the good times? it's ursa feel like a gradual shift away from the pricing from year-to-year. bob: i think we are in a regime change, and i know my colleague was almost morning talking about this. we're moving away from the post crisis period of monetary policy with no help from fiscal and

me is bob miller, george resnick, and anupam damani.e market and credit, were things used to have the initial talk and then tighten through execution and go to the market and really -- we are not seeing that play out so much when these new issues come to market. why? bob: the market is becoming saturated, and you are seeing the idea of fundamentals weakening. the are seeing triple c's outperforming. george: you are also seeing the idea of weaker covenants issuance, and unfortunately the market is pushing back a little on the weakening fundamentals, and not able to digest it as well. jonathan: is the beginning of the end of the good times? it seems like a gradual shift of the pricing from year-to-year. bob: i think we are in a regime change, in my colleagues would agree. we are moving the post crisis period of monetary policy from no help from fiscal and regulatory policy, if not sure suppression both -- from both, and now we are getting substantial fiscal's, i show a chart that shows the unusual nature of today's fiscal policy. we are g

he has lots of difficulties and rather than make him lose his pension and go to jail, bob miller said i'm going to get you on one count of lying to dual officials and then we will cut a deal to there's no jail time and no criminal fine. if he'd been a hot dog like fitzgerald, he would've gone out and done what fitzgerald did which is go to the max. >> at this point, there is nothing public on the president's schedule so unlikely will hear from him on any of this today other than the tweets. you have a briefing this afternoon and is bound to come up as someone like syria, national security council again this afternoon. coming out of the final decision on the way forward. >> eric: bound to come up as a bit of an understatement. and there is syria, of course pressing global matters. thank you. >> julie: president trump's reaction, chief editor for the dow jones newswire glenn hall joins me now. this book gets dirty. talk about mudslinging. i love a good catfight. in this book, he actually refers to the president as a mob boss. the president firing back on twitter calling him, and this is

. >> when cal ripken broke lou gehrig's record doing play-by-play on the radio with bob miller.it a double and we all heard the president, go baby! i remember commenting at the time, i bet that's not the first time he said that. remember the astro turf in the pickup? and my point is, i stand by this man. i stand by this man because he stands for things, not only for things he stands on things, things like aircraft carriers and rubble and recently flooded city squares and that sends a strong message that no matter what happens to america she will always rebound with the most powerfully staged photo ops in the world. >> and those were with the president clinton and bush actually sitting right there and both of those comedians got a lot of pushback for being over-the-top. i guess it begs the question whether or not we've reached the point where this -- we're beyond this dinner because of the intensity of the partisanship and the very tough relationship that this president has with the press, that maybe we need to completely go in a different direction for that moment when we try to

on his office home and hotel room were prompted in part by a referral from the special counsel bob miller and that has again raised talk on whether the president might fire mueller. didn't appear to dissuade america from last night. listen here. >> why don't i just fired mueller? i think it's a disgrace what's going on. we will see what happens but i think it's really a sad situation when you look at what happen. many people have said you should fire him. again, they found nothing. and that's a big statement. >> senate judiciary chairman chuck grassley said it would be a grave mistake the president to fire mueller. listen to what he said. >> i have confidence in mueller. the president ought to have confidence in mueller and i think to answer your question, it would be suicide for the president to want to talk about firing mueller. the president said on this whole thing the better off he would be, the stronger his presidency would be. >> jon: legal sources close to the president tell fox news they don't really think the president is considering firing mueller. we'll be able to ask that que

bob miller is not james comey. where james comey shows is that prosecutors who have bad judgment will make mistakes, not everybody is perfect at the department of justice or the fb fbi. it's an interesting and important reminder for bob mueller as he goes forward. what we know about james comey, and you said it, the things he did before the election were wrong and it goes back to the bush administration when he grand standard on one of the intelligence programs we had and created this whole drama about himself when there was a program the fbi had previously approved that the justice department previously approved and james comey had this dramatic moment at our hospital to reverse everything that the department of justice previously did. >> laura: i've got her read. it's like pillow talk. this is comey on loretta lynch, whether she was impartial. so we find out in this book that there's information for making call into question the attorney general's independence and overseeing this investigation. >> we already know

from the chain of silence proposed new law will grant them british citizenship now dame bob explains doris miller's are coming to britain from riches eight years ago she lives with her oldest son and works as a hospital cleaner but she's had to leave two other sons and a daughter behind as a second generation shakos oil and she's a british overseas territory citizen but that doesn't pass automatically to her children how will you wish to take it possible for me there will call. the us. i speak to them every day we talk about video call on skype but where democrats go. i cry because it's really far back in the late one nine hundred sixty s. and early one nine hundred seventy s. britain kicked out the people of the che goes archipelago in the indian ocean so the u.s. could build a military base on diego garcia the largest island they were forced into exile in the seychelles often living in poverty but in two thousand and two a legal change allowed verma and their children as well as a small number born between certain dates to apply for british citizenship and now a community of several thousand live

bob goodlatte announced he would issue last night. the capitulation could have ramifications according to matthew miller.is an area governed solely by precedent and doj is setting precedent that it is okay for congress to interfere with and receive documents pertaining to active investigations. with me now, chuck rosenberg and nancy gertener, a retired federal district judge, who has an op-ed today called smearing robert mueller. this question, chuck, about whether it's appropriate, correct to send these memos over to congress, where do you come down on that? >> bad idea. >> you think it's a bad idea? >> yeah. so i don't know that it's literally unprecedented, meaning it's never, ever happened. i can tell you it's extraordinarily rare. and the reason is when you have an open investigation, it has to remain sort of cloistered. you want very few people except you want the people working on it to know everything about it, and you don't want anything else to know anything about it. as we've seen many times, chris, when stuff goes to the hill, it gets made public, and that's not the way you conduct a sensitiv

bob mueller is donald trump. >> and donald trump is still desperately dialing for lawyers. posted on that, mr. president. matt miller barbara mcquade, thank you for spending time with us. >>> when we come back, donald trump's love affair for fox news -- there is competition for his affects. we'll show you the media organization grabbing headlines for towing the president's line. whether it's a big thing, small thing, or something unexpected, pnc will be right there when you need us. because when it comes to your finances, if you focus on today, tomorrow has a way of working itself out. if you focus on today, when it comes to strong bones, are you on the right path? we have postmenopausal osteoporosis and a high risk for fracture, so with our doctors we chose prolia® to help make our bones stronger. only prolia® helps strengthen bones by stopping cells that damage them with 1 shot every 6 months. do not take prolia® if you have low blood calcium, are pregnant, are allergic to it, or take xgeva®. serious allergic reactions, like low blood pressure; trouble breathing; throat tightness; face, lip or tongue swelling, ras

bob mueller. >> it's also -- >> in the next couple weeks. >> that's matt miller, what i was going to next.can't overlook the fact the reason he said he's looking to negotiate a settlement and in the next two or three weeks. how would he begin to do that? >> that's a completely absurd thing to say. he said it's been reported elsewhere the president wanted to hire him is because giuliani still knows people in the -- still knows people at doj and knows mueller very well and can go get this done. you're not going to get this done just because you know bob mueller. that's kind of absurd. and i think what it goes to a little bit is the idea that, you know, there's a time when rudy giuliani probably would have been a good choice for a serious high-profile criminal defense lawyer but that was around 1989. this is not the kind layoff he practices anymore. he hasn't practiced this kind of law in a long time. just because he knows bob mueller for a long time, he's going to sprinkle some pixie dust and get things finished. that's not how serious legal investigations work. >> is there any world, matt,

united states versus miller where the court addressed the second amendment directly and there was no other case since then and this parker case comes up brought by a guy named bob levy with the cato institute, interestingly enough, the nra was vehemently opposed to this litigation and it was probably too strong, but they were nervous because they were not quite sure that there were five others on the court to support an individual right's reading of the second amendment and had preferred to continue to win victories at the legislative level where they've been lawfully affected. particularly throughout the 20th century, you've had numerous examples of judicial hostility to the individual right's record of the second amendment, warranted or not and levy's death paid off. he had a good lawyer who argued the case and what the court held was interesting. first thing i noticed about it was it reconcept allizes the right and modernizes it, if you will, and they're no longer talking about militia, communal self-defense. we're talking about an individual self-defense in the home and what the court basically held was in so far as the district of columbia made it impossib

direction but ste outside advisers and it's stephen miller who won't try to pull him back from pushing out these tweets. >> i think you bring up a great point, bobre talking about trump finally untethered, maybe trump unhinged. i'm sure donald trump has never read "the art of war" but one of the key bits of advice from that is that when you are weak, look strong, project strength and he certainly has to feel, does not not, the mueller probe getting closer and closer by the day? he's silenced by the stormy daniels scandal and he's striking out in all these new ways to project strength when, in fact, he's back on his heels. >> and you look at the personalities he's bringing around his presidency. these are big, bombastic personalities. john bolton, the former u.n. ambassador, now national security adviser. larry kudlow, long-time cnbc commentator. these are people who have outsize presence on the public stage. that's what he wants around him to project that strength. >> so elizabeth, it does raise the question of where the chief of staff is, john kelly, in all of this. if the president over easter weekend is hanging out on the patio with sean hann