he does not survive. rest ofas to wage the the battle trying to drive the confederates back because they came from a well defended position on the cumberland river to try to attack while thomas and his forces are moving. while they are somewhat divided there is a force that was supposed to come into joint thomas that had not reached the point of doing that. one of the famous illustrations of that moment would be shiloh. the desire to catch the forces when they are not entrenched or prepare. yet.are not united the forces are divided. thomas is in difficult circumstances but instead of being panicked or deciding i have to withdraw to a safer position, he continues to fight, launched a bayonet charge. and drove them back miles to this defensive position. this illustrated a characteristic that is very impressive. when he got to the confederate position, they had the rest of the day after a morning of fighting moving across rough casualties, all the all of the fact that you have to replace officers who have be

what does your reportng reveal ab that?the global slowdown is clearly the l effect of a of things that have been building up. also this trade rhetoric and the tari ts from president, going against canada, going against mexico. he got what he wanted the in this new deal, which hasn't beei ra yet. the fact is, he does not see the interconnections. also, to blu the fed, when, as jerry points out, they don't have a tool kit either anymoreow really, given historically low interest rates are. more stimulus right now would st really help, but the president doesnm to understand that. >> a lot of economists say that being tough on china is notba a thing that, the chinese do deserve some toughness. but the presidentut has gone a it in a very peculiar way. rather that, you know, marshaling our allies, japan, south korea, the europeans, to build up a case againsthina, he has actually put tariffs on them. so it's a e very strannomic policy. >> what kind of test, elisabeth r the hong kong protests for president trump as he navigates a tr

right now does parliament still have enough time to block boris johnson's effort to suspend it. this is spend it perhaps not to block no deal breaks it probably it does that's going to be the focus of what's going to happen next week they've got 3 main sitting days tuesday till thursday next week when that where the big fight is going to happen essentially because already the week after is when palmer we suspended to due to this of this move that boris johnson made to 2 days ago so to stop johnson suspending parliament probably not to stop and no deal breaks at a crash outbreaks it there's probably still a chance what options does parliament have 1st of all in terms of blocking the suspension that it's facing because boris johnson is trying to block to block parliament there to stop parliament for 5 weeks to suspend it which of course everyone very angry what options does parliament have to to block that so essentially the difficulty in the u.k. is the u.k. doesn't have a written constitution so exactly what palm its powers are in such a circumstance we ultimately don't quite kn

does that help at all?han a mind set for students who pass by the mural? >> well, what i think people have to understand it is not being talked about right now with context, with historical context, that is t brought up. it is just there, no context, ot no plaque,ng telling what the artist is trying to do. no talking about it. like people are saying it is a great teaching tool but it to the used to teach. so if that is th intent put ányin a museum. does not need to be decoration. >> this mural is in a school d so people will make the case for it being in educational tool, clearly you don't think it is explicit enough in sort aof stating with the presentation of the mural. but chloe who is in favor of keeping the mural? what are they saying about why they want to keep the mural? >> a range of people who came out and said -- including some n studentother members of the school community, not everyone from the school mmunity wants to see it removed. also prominent members of the african-american community inclu

and china, where does it stand now? shares fall in third percent trading to blame themepark attendance. and google gets an earful. the search engine rival blasts the company for requiring them to sign nondisclosure agreements to join the android option. claims they are strong-arming the competition. first to our top story. what a difference a day makes. major markets have closed in the green after monday's record-breaking losses. that follows increased trade tensions between the u.s. and china and the tech turnaround is partly due to apple, tesla, cisco leading gains. the s&p closed up 1.2% while the nasdaq closed up 1.4%. but should tech investors be popping the champagne just yet? joining us to discuss, bloomberg senior market editor michael regan. should they? mike: i would not pop the champagne, but they can at least breathe a little bit of a sigh of relief. tech was the leader on the downside yesterday, mainly because people saw that fix the chinese currency sunday night, monday morning china time. it was a dramati

thomas does prove his worth. ahead, thomas does prove his worth. so if you said that a virginian managed to overcome his nativity to contribute to the union cause, i think the answer is yes. if you say was forest able to overcome the lack of education and the rough character that he exhibits, and the lack of temperament that he occasionally exhibited, i think the answer is more often than not, yes. both of these men ultimately prove that they were the right men, often in the right place at the right time. thank you very much. [applause] i think we've got time for a couple of questions and then we will take our break. remember, you have to come to the mic if you have questions. if you don't, you can come after and i will be glad to talk you at any point along the way. everybody wants to get to the food. if you have no questions, you can come to me and see me anytime. we have a silent auction available. we also have the books available for the speakers and the auxiliary in the bookstore, so if you want books to buy, i have several of my books. we wil

does that mean they are not buying iphones?dith: i love the iphone and i still think it does well in mainland china. overall, just the stance of wanting to support a local brand and really feel bad and feel they are the victim of this tension. emily: how does this impact and will this impact. obviously there is a lot of cross-border investment. edith: to start with, for andcon valley, in 2015 2016, certainly a lot of chinese in silicon shop valley. having said that, even though they certainly see the u.s. committee for the u.s., a ripple effect and specific funds from china, very specific companies. think about alibaba with money m,andma recently -- moneygra or recently with grindr. it sends a strong signal that chinese vc's aren't welcome in silicon valley. emily: how about calling china a currency manipulator, which trump threatened to do for a long time but didn't do until this week? edith: the way i usually describe, many years ago, president trump had this deal called "art of the deal." two the chinese people, he is playin

he does diplomacy, does it change the way he was operates?oncern with respect to the fed and a number of other of america's core institutions, whether the federal courts, whether the way the president is playing politics on institutional independence will have a lasting effect. i am optimistic in the medium-term, i think it is very hard to undermine long-standing norms but the significance of the threat is not something we can take for granted. francine: will the president's attacks on the fed and independence change anything longer-term? visit changing anything now? >> that is the key question, why did the fed cut 45 basis points, because they are worried about growth or inflation or because donald trump wants them to do that? who knows what jerome powell dreams about at night. the justification is about inflation and a bit about growth as opposed to political pressure but we do not know what the longer-term implications will be. francine: plenty more on the fed policy and dollar dynamics. leslie and daniel both stay with us. china urges hon

does not want to make friends though, does the? by the conservative party not but a nod and a week for the prime minister by people like dominic cummings taking control, sing all special advisers are to be appointed by him and this woman who was appointed by the chancellors aid. he is coming up the spending review. his press adviser has been sacked without telling him. technically, the prime minister of civil service makes the appointments, he is the person that... but it is all coming from the number ten. that is an extraordinary level of power. but as we heard from the start, you will achieve brexit by any means necessary and he has got entire control. everyone is saying how scary and tough he is, but he carries a totebag, he didn't cannot be that tough. he can be extremely charming to some people. i guess the question is, can this strongman tactic actually work? ill scare a few others. theresa may appointed nick timothy who also used strong—arm tactics and all sorts of briefing against nikki morgan about handbags and they fell.

kennedy does exactly that . >> sorry.of that, as kelly mentioned in the article that we read, you had things like the eisenhower nixon group that codified a party machine version. it was less about being the kingmaker and more about taking what limited money they had to which it was millions of dollars, not limited by a normal skill but they did have a budget and, figuring out what the most effective way to spend the money was . >> absolutely. so, new challenges within the party itself, thinking about how to adapt and take advantage of the media landscape. and then the role of individuals , those who are not a part of the party can think about ways in which they can foreground themselves to make the party take them seriously. that again is something that stanley kelly talks about in this expert. i will give you a brief second to read this. part of the reading really gets the core of what you're talking about in terms of changing party structure that happened because of public relations and television. >> so, if you're a c

what power does this give him? carolyn?hat is happening around the country and he is the first one to have a stake in it and he talks about the executive order that he makes and the supreme court subsequently enforced the brown decision, but as the executive he is showing, yes, i am the figure that represents the mayor, and i'm here talking about this first. i think that premise is really interesting and important. >> excellent. caitlin? >> i was going to say he shows very clear executive power in this moment that i am the president of the united states and you will obey this executive order that i'm trying to enforce because of a supreme court decision. this is how our laws work. but he does not directly call out -- he calls out, like, the police in little rock, but he puts the emphasis on the demagogue extremists, the people rather than the local government. he doesn't call out the local government there for not enforcing anything, which i think is interesting because in some ways i think he is trying -- he is not trying

but we don't have to chase everything he does. i met people here in iowa, yes we should protect dreamers and have a path to citizenship. yes we should have secure borders but not by building a wall. you should not have to say because of what donald trump has done, repeal a 90 year law. have 100,000 people showing up at the board right now. is obama's former homeland security person. let's talk about things that impact people's lives every day. let's not have just an academic discussion. it is problematic in that ice used to go after those who committed significant crimes. i don't want to spend the next year and a half reacting to donald trump and i don't think most of america does. wet they want to know is if can have a sane and thoughtful immigration system. the president on monday said we have to speak with one voice when it comes to racism, bigotry and white supremacy. hesaid that on a monday, does not act like got the last tune half years and can't even make it one day between el paso and dayton without continuing to divide pe

here what power does this give him? caroline?ound the show country, and he's like the firs one to, you know, have a stake in it. and he talks about the executive order that he makes and, of the course, the supreme court has -- i think it'skeep cooper v. aaro where they decienforce the brow decision, but as the executive, he is showing like, yes, i am y, the figure that represents america, and i'm here talking about this first so i think tha that primacy effect is important. >> i was going to say, he shows very clear executive power in pris moment that i am the president of the united states, and you will obey this executive order that i have -- am trying to enforce because of a supreme court decision. this ise how our laws work. but also he doesn't directly call out -- he calls out like the police there in little rock, but he puts the emphasis really on these demagogue extremists, the people, rather than the the government there, the local government and governor fabis. i'm from little rock so this is important to me.n't but he d

he does not have experience for a presidential campaign. kennedy: and does not have momentum.no. kennedy: does not have that. >important. magnetism that draws people toward him and his idea. >> he would be a great senate candidate because cornyn's approval rating is lower than cruz into this election. kennedy: that is the big question, texas is more purple now than a year or two ago, i don't think he can capitalize on any of it, but i think he should take his friends get out of the race so interesting and serious candidates -- trish: i. >> he will have some moxie in texas but money, and time name i.d., and a lot of democrats in lower office that oracles we hymn -- owe him to come out up and support him. kennedy: richard fowler thank you so much, deep in the heart of fowler snoal foul ♪ >> beto went on a profanity laden tirade about how reporters are not hard enough on the president with race relations, beto is far from only candidate who does not like what he sees on the news, railing against media is bernie sanders' big. and joe biden's slamming media. over coverage of his re

vonnie: does that mean staying out of the u.k. entirely? does it mean holding cash? ben: what i think it means within our u.k. exposure being relatively balanced, within our u.k. focused portfolios, making sure we do also have a fairly healthy percentage of overseas exposure that would benefit from a weaker sterling. i think positioning ourselves so if we did see an agreement over the next couple of months, the bounce we would expect to see in domestic stocks would benefit us to some degree, but if we see more gold outcomes, that exposure to overseas positioning helping us in that regard. it is really about being balanced in our overall position. vonnie: just give me more detail on what you mean by balanced when it comes to the u.k. how can you be balanced? ben: well, it's a great question, but if you thing about the fact that if brexit goes ahead on negative terms, the domestic exposed companies are likely to underperform quite significant like. on the other hand, in that same environment, as we saw in 2016 and as we seen in bouts of risk off mentality towards brexi

what does the public think the producer actually does? do you know what a producer does?t all. do you have any idea what a producer does? not really. like, they help set up the film and make sure the lighting is ok? all the production stuff, i guess? movie producer... do you know what a producer does? produces a movie, right? assembles the crew to produce a movie. he is in control of everything. he calls the shots. you have to produce and create everything, technically. if i'm right. i believe i'm right. i know they handle the financials like the director handles the execution. they make it all happen. they get the money and hire the people and make sure everything happens under budget and on time. maybe. i think some guys get producer credits as favours. i think that's how the industry works. i'm not sure what he does. evidently, there is confusion when it comes to the producer. but on the biggest night of the year for hollywood, the oscars, the producer is always there and grabbing the limelight by picking up the best picture prize. the cult of the producer began with t

economists will say gold does not that are. -- does not matter. neil: it does matter.rket, and in the backdrop playing out concerns that there is a japanification of the global economy playing out. real yields are much lower. is oneenvironment, that where gold should do well. nejra: that is an environment where we are seeing the 30 year yield hit 1.92. what is priced into the market? cameron: that is the japanification of the u.s. financial system. it is a disaster. if you are a pension fund that uses long-term interest rates as a discounting mechanism, the net present value of your future liabilities have gone up, which means you have to buy more bonds or receive more swaps which helps press the yield of more. ofis this sisyphean exercise you roll the ball up the hill and it rolls back down. the ex ante, the forward-looking expected return across a broad swath of access -- assets, is close to zero over a 10 year basis. tom: what is this, a classics lesson? we get sisyphean and anti-, we are all -- and ex ante, we are all latin. nejra: i appreciate that. we wereear yie

to me that does not look like decorion.e in the education program siree -- r. for a very long time. part of my life. we hastudents coming to us saying we don't want this here. we have students here telling us that they don't want that there becae they don't feel it is empowering them. hurts them to see it every day in their school. at the end of the dait is in a lobby as a decoration. it is art that is decy ating the loof washington rehif:> does anyone -- is there evert a mohat a student passes by this mural, is offended but then learns that, in fact, e mural in fact wants to attack slavery even sort of call out tt fact that e americans, there was a genocide that sort of led to a destruction of a culture to build america up? doep that heat all? does that ever do anything to change a mind set forstudents who pass by the mural? >> well, what i think people have to understand it is not being talked about right now with context, with historical context, that is not brough

she does slough up. there is including conflicting information it appears that she had a handgun for a couple of years. she claims that she first tried to buy a handgun. she originally bought it before she was contemplating suicide. they wouldn't sell it to her because when no evidence of it either way. jean harris claimed she bought another gun. she seems to had bought a handgun which he used to shoot high. she has had for a while. yet to give her credit for focus. she drove those five hours he gets up to the house. she goes into the house and a five hour drive she lots of present. she runs through the traffic she stays through work. she gets in the house, and she decides that she wants to say goodbye to hide. she goes up to his bedroom, and that's where she finds lingerie upset. she might do some yelling. hai wakes up and says yes, i am tired and going back to sleep. shut up. that was not the proper answer. she sits down on the edge of his bed according to her, and she is ready to shoot herself, he gra

minus 4 percent what is 2 percent in the polls if if it's 1.51 percent that the candidate has then does get rounded up to 2 percent whereas the 1.44 percent which is meaningless one can argue the democratic national committee is a private organization we can establish our own rules but then they also have to be open to the charges by somebody like chelsea gabbert who says this doesn't smell like it's fair and frankly i agree with their i don't think it's mills that is fair now the d.n.c. doesn't exactly have a reputation for impartiality and fairness leaked e-mails in 2016 show that the democratic party leaders were working pretty hard to defeat bernie sanders and make sure that it was hillary clinton who ultimately took on donald trump now after the outrage in 2016 the new democratic party chair tom perez promised to empower grassroots activists i am more committed than ever before to restoring votes is faith in the democratic process because even the perception of impartiality unfair advantage undermines our ability to win that is unacceptable to that end the new d.n.c. under my leade

but you know, it does feel hard lisa: matt, what do you think? do you think the fed will cut four times? matt: we think three more gets you to 1.5%, and there is an influence higher. however a feedback loop on growth expectations is not there, and that has historically increased asset prices, is that stimulative product. that is not being pushed in by the market, and that is why the yield curve has flattened. we have also had fixed income assets not sell off. so there is not a trade to bounce back in high-yield when you are already below 6% in yield. lisa: i am glad you brought up the yield curve. st. louis fed president jim bullard keeping a close eye on this yield curve, telling bloomberg he is not shrugging off the inversion. mr. bullard: if you have a recession prediction model, it is going to use the yield curve to try to predict that. our job is to get the yield curve to be un-inverted, so those recession probability models don't work anymore. that would be a great thing to do. i am not interested in testing somebody's theory about this tim

he does not want people of color. he does not want to find a pathway to citizenship.person who decided he wants america to be white and the way to do that is to get rid of anybody that does not fit that model. this is just figure evil. telling their families that they have 30 day to pack up and go home. the country that they're going to does not have the capability to care for their child. it is a death sentence. it is a death sentence. this country now is known for putting children in cages and create death sentence for them. that's not the america that i know. >> let me ask you your thoughts of what democrats are doing here. >> this is a new low of tcp, this administration is now deporting kids with cancer. >> your thoughts on the senator's comment. >> democrats continue to giver strongly worded statements. the fact the matter is donald trump needs to be removed from office. they can tweet and say strongly worded things. this is unprecedented or un-american. until they decide to take action against this president, things like this will continue to happen. yes, sure,

does this lead to the break?ike, is this a breaking point, or are we just, you know, trump has so dominated the republican party that no one is going to counter him? >> no. he dominates. i think you're going to hear more criticism from senior republican leaders about where this strategy towards china is going. but i think there is a wait and see attitude. there is still some hope that at some point, a deal with china may still be reached. and that's still within the realm of the impossible. but i don't know how this helps. but if that were the case, then we would be in a very different position. >> ayesha, there was this wonderful writer, he had this piece the other day, does xi want trump in for another four years or not? meaning if he does want trump for another four years, at some point he might hand him a deal. then again, maybe he's accomplished everything he's going to accomplish diplomatically around the world with trump in there for four years and maybe he can't take it anymore. i mean, i think that tryin

i mean this does not -- this isn't just about the.s. economy.s is about the global economy and he's abto go smackn the middle of it. robert:s there goi to be a collective response to the towdown or iss america alone? martha: i think there has to be some sort of global response in some way. whether it'll do any od, i talked to peter navarro last sunday and he ticked off al the gs that are going to happen, some sort of global response anh will happen but there were a lot of ifs in that. so far tt.y're not coming through on those. robert: global leaders rattled by the trade war. so are the u.s. markets.st ins. should they buckle up? jim: absolutely. policy uncertain i something that holds back investments. where to make the dollar about invested, where to build the next plant, they want to kno at the rules of the road are going to be, that's why we have an international trading system. the president has tossed a lot of cha intohat. it's absolutely true right now that global trade uncertainty is like six times larger than it normally is. that the pr

what does that mean to you? what does that mean to investors?ss anything you want. peter: yes, i think it is deliberately loose. there are clearly risks out there that are being reflected in markets. that has gone some way to tighten financial conditions. the fed and other central banks are clearly very focused on financial conditions. really run from everything to do with the weakness in global growth and particularly in the industrial sector, the fallout that we tradeget from further tariffs and a trade war, and there are a number of geopolitical risks out there which are raising levels of uncertainty, having an impact on investment decisions. there are clearly many risks that investors are facing. some of them are economic, some of them are geopolitical. they are difficult really to measure or model in many cases. that is really what they are pointing to. scarlet: that's the backdrop for the rateir powell said cut last time was a midcycle adjustment. looking at that midcycle adjustment, is it necessarily fuzzy, that phrasing as well. is it 8

it does not make it mandatory just every year it does not have to be reauthorized. i would not hold my breath, but that is a realistic goal. host: for folks who are not into how d.c. works, how unusual is a permanent authorization? guest: there is both kinds. there is a lot of things that are permanently authorized. much of the immigration function -- the uscis, the part of homeland security that does visas and green cards, they have a variety of functions that are permanently authorized. there are others that have to be authorized every year. what that does is it gives opponents the a chance to either kill it, or use it as leverage to try to get something else. permanently authorizing e-verify -- it does not mean you permanently funded, it means congress does not have to every year say this is now allowed to continue. important step forward. host: we do have that line for business owners, if you have questions about e-verify. washington, d.c., a democrat. caller: good morning. -- this is an immigrant nation. need to stop frightening undocumented people, and stop us

kennedy: what does that do?t, if irrevoc irre-- revocable it says it is not michael cohen anmoney my money . assuming it was put in anger -- ir-revocable trust, a fancy way of saying i took my assets but if i forgot anything, when i die all that stuff i forgot pours in to that trust. a couple days before mr. epstein punched out his own ticket, he made himself asset-proof. kennedy: so lame. he must have seen the writing on the wall what lawsuit started piling up. that there were victims who were very believable, and some of them helped kind of put him away. 10 years ago when he had that horrible deal with acosta. but so many more young women have come forward, and said, he did the same thing to me. >> have you so many things going on, you have a notion of he probably was not being overly generous and had pangs of let me take care of my family. i'm not a psychiatrist, but i think he did not have a last minute, i think i'm going to hang myself today. it was probably not a coincidence. you have to make that disappea

that does not surprise me.practical matter, how does this confront the broadcaster or networks at a time they are competing with a netflix and an amazon prime? they need all the money they can get given where we are going with streaming. charles: exactly. first of all, the amount of money we are talking about is substantial. as an example, i think the retransmission fees for cbs is 15% of their revenue, and it is a revenue source with no marginal cost. it is important for them. i am not suggesting it will go to zero, but it is expected to go up. david: david, let's talk a little law. they ask for a temporary injunction and restraining order against you. are you still running business? david g.: they have not asked for a tro or injunction and we are still up and running. we operated for 1.5 years without receiving a letter or angry phone call from any of these plaintiffs. they have waited a long, long time. i think the reason they waited so long and that they have not filed a tro is because they understand that

and this does set up very nicely which is the 1960 election when john f. kennedy does that.t what i was going to say is, also on the opposite side of that as kelly mentioned in their article that we read, you had things like the eisenhower- nixon research group that sort of codified a party machine version, too. it was less about being the king maker and more about y taking what limited money they had -- which, it was millions of dollars -- it wasn't limited by normal scope. it was -- they did have a budget and figuring out what the most effective way to spend that money was. >> uh-huh. uh-huh. d absolutely. excellent. so new challenges within the party itself to think about how to adapt and take advantage of the media landscape. and then the role of individuals that then who are not -- not a part of the party can think about ways in which they can foreground themselves to make the party take them seriously. y and that, again, is something that stanley kelly talked about notably in this particular excerpt. and i'm going to give you a brief second to read this. it's part of t

does this put pressure?ny may be adding fiscal stimulus, which is unusual for them, but not as much as they should be there -- should be. at thise told up manufacture benefiting from lower interest rates and a weaker currency. we are at the lower end of the is the business cycle can turn around, that would relieve some of that pressure. francine: talk to me about negative yields. is this a german problem or a world problem? if you look at that, it's close to $60 trillion. what is the fallout? the entire yield curve is underwater. 70% of euro-denominated investment grade debt has a negative yield on it and inflation is not negative. you are talking about yields well below inflation, locking in real return when you buy the stuff. people are doing it because they want certainty of income, but it is not a great investment. francine: i'll say. what does it mean, you need to look for riskier assets? does it mean your havens are different? trevor: we have got to think of this as a long-term issue. if you go back to

but of course this does not happen.one of the reason it does not happen, is because the north runs out of energy, the democrats are resurgence taking one house of congress towards the end of reconstruction. because many northerners, are not happy with the result, and political elections as we learned yesterday are always very close. and the other reason is, the united states as a nation, does not have the stomach to have a real reconstruction, we demobilize the army much too quickly, by the way we have learned from this experience after world war ii. we do not demobilize the army after world war ii. we do not say oh, we defeated germany, and now we will have the acts nazi running the country again we have a serious reconstruction in germany, a serious reconstruction in japan, and that i think is the function of the fact that there were policymakers who had studied history in college and knew that maybe we have to do something better this time but we do not do it it's a different world, one could make the argument that t

but it d oes exa ctly win pulitzer prizes or ulcers but it does exactly what it does to set out.ot all the people on it was survive. i would not spoil anything. pedro almodovar you mentioned a moment ago and pain and glory. this isa moment ago and pain and glory. this is a very early summer he autobiography... about antony bandar is, becomes physical and metaphysical. he is in a moment of stasis in his life where there is a revival of a film he made 30 years ago with an actor he has not spoken to for 30 years which forces them to get back together again. and whilst the present—day plot is moving forward , the present—day plot is moving forward, he is cast back to memories of his childhood, members of his mother washing clothes and stream, memories of a timer they lived in a cave dwelling. memories of going first to the cinema and seeing movies projected against whitewashed walls. so the whole film abs and flows with the tide. it is be if we done, it is very personal. there is a great performance by penalty crews asa a great performance by penalty crews as a younger embodiment of

taylor: does the tenure look or is the 164 offend -- does the 10 year look attractive, or is the 164offensive? u.s. rates would indicate a strong, healthy economy, but instead u.s. rates will come down. there are still gains to be made in treasuries and i think people should probably hold onto their duration in their portfolios right now. this will all become its own bubble. says in a colleague piece in the bloomberg right now they have four criteria for a classic bubble. if you look at the bond market, there could be an argument that we are headed towards a bubble. they are basically cheap money, a rise in the debt level, expensive valuation, and a compelling narrative. what is the argument for and against a bubble? peggy: certainly the cheap money is an argument for the bubble. howard marks was telling bloomberg last week that if you continue to allow this cheap money to go on and potentially lower rates even more, you are just fueling asset prices and potentially creating an even bigger bubble. i think the argument is that potentially we are in a different time period in terms of

want to be seen emmanuel macron does not want to be seen as emmanuel macron does not want to be seeneam—rolling towards a new deal brexit and no one in the eu wa nts deal brexit and no one in the eu wants that on their hands and it is still seen as very likely and graded by number ten but what it has done is let him reinvigorate the process and certainly our readers will look at it and say, we have seen theresa may do so many of these meetings to go out and meet emmanuel macron and merkel and shake hands and then be maximum you created council meetings. borisjohnson you could argue, if anyone can find some solution maybe he can and maybe he can convince them and have a good rapport with emmanuel macron but as they rightly say, what can they actually come up with in the last 30 days and probably even less. maybe 29. let's look at the metro because there headline as there headline as the irony of today, when you look at what he is saying he almost said both things, he has said the backstop is indispensable but he has also said i welcome what angela merkel was saying and we can find a s

if boris johnson does other. i am taking a simplistic view of this.on does not have a majority in the house of commons and have a majority in the house of cottittiofis and someone have a majority in the house of commons and someone else can, then if you can discover who that someone else is, then that is actually as near as the will of the british people as far as can be expressed. do you agree with that, bronwyn?” do, but it depends what they are commanding a majority for. there is no majority as having jeremy corbyn as the new prime minister, without any constraints. he said it would be time—limited, would simply be for this purpose, but our constitution does not, despite the two—month president in 1931, does not have such a thing as a temporary prime minister just such a thing as a temporary prime ministerjust for this purpose. —— two—month president. ministerjust for this purpose. —— two-month president. but it could conceivably happen. and so people are talking, there was a beautiful interview this morning with ken clarke... youjust interview thi

a deal, think he wants he just does not want it right now.e believes the economic realities in the u.s. are stronger than china. he believes there is political power to the issue, as is evidenced by the left showing some support for the hard line on china as well. also, i think he believes he has forced the fed to take the dovish stance that he is one of them to take for the entirety of his presidency. david: let's talk about the effect of all the trade dispute on the bed. we have had chair powell saying we are taking into account trade uncertainties, and there is a widespread belief because of this trade dispute, we are going to have more cuts than we otherwise were going to have. i am calling up on my screen where markets are pricing things. for september, there is a 35 basis point cut, which says is a cinch we will have a cut in september. how much is the fed paying attention to the trade dispute? isaac: i think the fed is paying attention to all of it, the presidential pressure, trade tensions, brexit, market expectations, all of that pla

where does this go to?d go a lot higher, depending on how aggressive the central banks become. the markets are clearly anticipating, may be over anticipating, how bad the current or prospective gdp of the world is looking, but they are clearly not underestimating the power they think resides still inside. the central banks. whether we think that -- still inside the central banks. is aer we think that factor. francine: thank you both. neil dwane and janet mui both staying with us. we are keeping and i for anymore develop its out of hong kong -- on anymore developments out of hong kong. we saw yesterday thousands of black clad protesters crowding the arrival area. more flight cancellations tomorrow. check with your airline before you go to the airport. this is bloomberg. ♪ from the couldn't be prouders to the wait did we just win-ners. everyone uses their phone differently. that's why xfinity mobile let's you design your own data. now you can share it between lines. mix with unlimited, and switch it up at any

headquarters on a case by case basis that does not mean that every time he wanted to go to u.n. headquarters that he would be allowed to do so but there is this suggestion that they would very very carefully and perhaps very narrowly determine. what circumstances job and zarif could actually come to the u.s. in the execution of his duties as foreign minister. roslyn jordan with the latest there in washington thank you all the roof himself has responded to the sanctions on twitter saying the u.s. is reason for designating me is that i am iran's quote primary spokes person around the world is the truth really that painful it has no effects on me or my family as i have no property or interests outside of iran thank you for considering me such a huge threats to your agenda let's take you now to tehran and speak to our correspondent there dorsetshire bar as she joins us live over the telephone also we've heard the instant reaction there of the foreign minister to iran of course it's late into the night there but what sort of response do you think we're going to get from iran when ira

how -- much does your organization fund? caller: -- guest: one thing i try to do is meet the freshman members of congress. begin by 100 and introducing technology and -- what are the policy issues that are conducive to the success of ?nnovation how much of the conversation have you focused on the cost of ascription drugs? caller: most of them. host: do you think prescription docs cost too much? caller: there is a group of patients who have diseases for which we have already developed cures. there might not one of them should never be a -- without the medicine they need. we believe in that imperative and makes her that does not happen. the second group of patients is a larger group and that is the patience for which we have not yet developed. hope, wents that have have to make sure the scientists working day and night around the country have been -- the resources necessary to develop treatments. i start there. to answer question -- do i think docs are too expensive? on the main, no. let's talk about why. some of them are. the

kennedy: does what ha that mean?t correct, i think he is trying to say, if i could translate trumpian. is that if we draw down, and then theras a mas mass casualty attack on our soil wild g wild o will be -- our soil, we'll go back it would be ugly. i think that is what trump is trying to a. >> not going to happen. and taliban will not share power. >> taliban is in a stronger position, i was in afghanistan a decade ago, they are stronger now than yesterday. kennedy: my grandmother knit me an afghan. >> so -- >> we're hosed. is sucks we're dammed if we do, we're dammed if we don't. >> have to go, even if it is ugly we have to go. kennedy: even if it is ugly, grandma said, it could be a good dancer, buck sexton thank you. >> thank you. kennedy: democrat candidate, kirsten gillibrand has a new ad that admits he quest is an exere in few till -- futility. and kamala, how is she doing in the poll? not too well, we're talking failing democrats in my memo next. my doctor recommended eliquis. eliquis is proven to treat and he

how does thailand taste. w correspondent. and host plainly fix for the various flavors of exotic freezing. fusion and sun i am a challenge for you. start september 1st on g.w. . the to play. this is coming to you live from leaders of the pro-democracy movement in hong kong are arrested. as one of those taken into custody for allegedly planning. protests to morrows plan demonstrations have been called all but locals say the arrests could invigorate the mix of. britain's opposition leader says he will not let the prime minister get away with letting the country crash out of the e.u. labor leader jeremy corcoran promises to move swiftly to stop boris johnson from suspending parliament ahead of the brakes a deadline. plus it's expected to be a rough weekend for german chancellor angela merkel key regional elections 2 german states are expected to boost the strength of germany's alright a.f.p. . and discovery of a 3800000 year old skull could change what we thought we knew about human evolution the skull there's no. teeth and is e

so does cory booker and so does kamala harris.oe biden is so famous that he does not necessarily have to have organizers everywhere, but he does at a lot of these events. >> dana: don't forget maryanne williamson moved to iowa just a few months ago. >> reporter: she did. one of our producers the other day asked her if she ever still talks to oprah, who she used to be against all the time on her show. she wouldn't tell us what she talks to oprah about. >> dana: that's a good friend. that's loyalty. all right. thank you. have a good time out there. so, if your dog enjoys going for a swim -- and i know mine does -- you won't want to miss this. why some healthy dogs are dying after they go for a quick dip in the pond. my mom washes the dishes... ...before she puts them in the dishwasher. so what does the dishwasher do? cascade platinum does the work for you, prewashing and removing stuck-on foods, the first time. wow, that's clean! cascade platinum. why fingerstick when you can scan? with the freestyle libre 14 day system just scan th

does that make sense? after the underlying issue, i would agree that the interpretation of what that means is a civil matter for the parties to figure out in the civil courts. >> on the issue of notice, and they understand this was made by the permit holders' council, but the issue clearly was properly noticed given. my understanding was there was no notice required. >> but if a permit was issued to somebody, in fact, who didn't own the land, that becomes a civil issue for discussion? and if it was -- here's the conundrum, is that if it was improperly issued because it was issued to somebody who did not own the land and did not have the right to make improvements onto the loans, then by virtue of the fact that it was improperly issued, then with, " along with the notice situation there's no notice on it. my point is there's no notice on a permit to the never should have been issued in the first place, and of course, the h.o.a. is not going to appeal something that they wouldn't even think of seeing coming