still with me is kristina hooper. google after the bell. first quarter sales growth was the strongest in almost four years. is that sustained? >> probably. google is a beneficiary of almost everything happening in the economy. if they have issues here and there in terms of how much they are paying for traffic, they are growing in their core businesses, their new businesses. it will be in next sewing quarter. alix: they had that fine from the e.u. how does that percolate? >> it is a drop in the bucket for google. it is not in the quarter we are reporting today. it will be interesting to what management says about the impact. they will be pressed on that. the answer is, yes. all of these companies are going to be getting more pushback, more concern about privacy, google and facebook most of all. given the scale of profitability of these companies, it is not going to affect their bottom line much. alix: if you're going to see google move more towards hardware, that is competition with apple. leavingthat wind up volatility and you have headline

investor chief global market strategist kristina hooper will be joining us on daybreak as well to talkt it's time to get opportunistic. it picking up some bargains. that's it for "daybreak australia." president donald trump is still speaking in great falls, montana, and his make america great again event there. you can watch it online go on the bloomberg. this is bloomberg. ♪ i'm all about my bed. this mattress is dangerously comfortable. when i get in, i literally say ahh. introducing the leesa mattress. a better place to sleep. this bed hugs my body. i'm now a morning person. the leesa mattress is designed to provide strong support, relieve pressure and optimize air flow to keep you cool. hello bed of my dreams. order online we'll build it, box it and ship it to your door for you to enjoy. sleep on it for up to one hundred nights and love it! or you'll get a full refund. returns are free and easy. i love my leesa. today is gonna be great. read our reviews then try the leesa mattress in your own home. experience the leesa difference before you buy at any west elm. order now and get $1

hooper, a is kristina chief global market strategist joining us in hong kong.e are seeing markets pretty percent after the overnight session. is this baked into the price already? certainly some of it is as markets have come to accept that this is not just rhetoric but it is more and more becoming reality. i am taking a look at stocks here, they have been hit quite hard. if you look at the yen, not doing a whole lot. old not giving a whole lot. treasury not catching eight huge bid. -- a huge bid. kristina: there is some level of complacency the market. i could see a move towards more safe haven assets but at this point i think markets are taking a wait and see approach. this is just the tip of the iceberg in terms of threat and premises we have seen along the lines of trade wars. may see a slow erosion in confidence and a slow increase in concern. the federal reserve expressed that uncertainty is theyer and a more -- and are more concerned that it is affecting businesses. i have a chart from our bloomberg library to show our audience and basically, this trade p