these are dynamic markets, and jon ferro, it is a dynamic moment as we look at the labor economy of the united states. ,resident trump out front giving his strategy on the adp report to dovetail a big number for friday, with the reality of the adp report in 14 minutes. jonathan: i think we are both lost for words over this one. adp report around 15 minutes away. the estimate, positive 1.2 million. it continues with claims tomorrow and concludes with payrolls friday. the churn beneath the surface, we talked about this so many times. claims only show you one side. we will try to get the net of things friday. really unpredictable. tom: i agree, adp is a little squishy. it is likely john swann axios interview. there's a huge margin of error on the jobs report. how do you see the bond market set up for the margin of error of friday's report? lisa: here's a question, are we already seeing a policy error with the delay of some sort of stimulus package? are people going to be trying to find other reasons to take a move? i will say the bond market right now is signaling caution and slowing growt

it is much more dynamic and updated.en i will come back and talk a little bit about additional strategies to strengthen our efforts as we move forward to make sure we are much more again, stringent and incorporate some lessons learned from our previous experience. with that, dr. galli. >>thank you governor. and thank you all for tuning in. i want to pick up where the governor left off and talk about this light that is in front of you. really today we're talking about a frame work, and moving forward. not about reopening. it is really important to pay attention to the three numbers on the slide you see. the 7170 number are really peak of hospitalizations last month july 21. and although we have come down nearly 40% or just over 40% 4205 today and our hospitals, it is still higher than we were back in june and at the beginning. even when we started to have certain business sectors begin to increase their own activities. we were lower than we are today. this is just a important message to remind people, that we are not out

that is the dynamic. tom: gold down $64.h all of that one-way bet on gold, it will be down $100 before this is over. jonathan: we talked about better data. better data would be the poison for some of these consensus traits. stephen, something you have talked about, for these moves to be sustainable and durable, you have to believe the data will pick up over time. the improvement will continue. we will have this reflationary impulse that will not last couple of days, it will last a couple of years. do you expect it will? stephen: right now you have to look at the gold price as an opportunity to step in and by the dips because of the fiat currency devaluation story. it is not just a dollar story, it is all fiat currencies under pressure. there probably will be a scramble for alternatives to fiat currency. -- money other viable and may be opportunities in high yields. one big difference between this reflation cycle and the reflation cycle we saw took hold after the global financial crisis is em. em is in a much different positi

are you interested in the dynamic? >> guest: the pacific command, indo pacific command reflecting how important, india and - a lot of common interests and as a result there are opportunities for that relationship and partnership, those discussions are possible in the future. >> host: what are the priorities you heard with regard to their ground forces and cooperation with the army. india and pakistan dynamic and it is very important to that. are they still focused on ground forces? >> guest: i had to talk to the ground forces as we talk to the indian chief of staff of the army, certainly focused on ground forces, we are looking for common interests and improving relationships. >> host: you mess with your counterparts in a couple other countries in southeast asia. speak about what you heard in the midst of covid-19 and in the midst of this, between the united states and china. >> many countries are concerned about covid-19. even in my travel i was tested many times on national television, and thailand's to make sure as

these are some of the dynamics of the consumer., jonr ferro off, lisa abramowicz and e onking -- and tom keen television, on radio. sterling and a mentee bank career and wandered over to moody's, where he is the definitive analyst on the street on the debt, on the balance sheets of retail america. we are thrilled that charles o'shea could join us this morning. , andk at retail right now the great hope and prayer is a real estate work out for the beleaguered. is that a hope, or can that be a reality. charles: first, thanks for that glittering introduction area i think it is a common nation of both. i think what you're going to see is a consolidation in the retail space, which needed to happen. we were way over the square footage heading into the pandemic. from 2007 toboom 2012 hasn't really come off yet, so there needed to be something. i think what is up in the air right now is exactly what the retailers that survived this and those that thrive, what their footprints are going to look that the surge in online spending has benefited

jack: can you explain that dynamic?i file a claim for the actual amount of the loss and i don't embellish it, i know that extra money doesn't go in your pocket, it goes to the charity of my choice. >> that's right. we kicked off lemonade by speaking to nobel laureates in game theory e and behavioral economics and figured out the problem wasn't the players. my moral fiber's in no way superior to colleagues in other insurance companies. the problem is the game, not the players. and if you have incentives misaligned, if i make money by denying your claim, then you're going to distrust me, and i might be tempted to deny your claim, you might be tempted to embellish it, and that spirals. we take a flat fee, 25 cents, the rest is going to pay your claims, and if there's money left over, it goes to a chair tiff of -- tearty of your -- charity of your choosing. you're less likely to embellish if you know you're hurting a charity that you care about rather than an insurance company that you really don't. jack: and many aspects a

this is a dynamic process. it's an iterative process. we are not stubborn in terms of an ideological thrust. the work we are doing and the considerations we make in real time with experts and county of health officers, and members of ers of the public that provide guidance and feedback. the guidance and feedback we have received that helped us put this in place, we have an advanced and engaging in seeking that guidance and collecting that guidance over the course of many, many weeks. to put together the chart that you see in front of you. the purple part of this, the risk level, referred to as a county risk level. it is what was commonly referred to in the past as the old monitoring list. the old watchlist that you may have seen in the past. to give you an example, we had 34 counties that were on the old monitoring list. the old watchlist. now, that list is broadly defined. i'll be specific about the distinctions. it is defined now in this purple category as the spread as it relates to the impact, the community spread, the background spr

we will not get some of those heavy wage pressure dynamics on inflation. next year, we will see unemployment rise and be caught in these low inflation and deflationary scenarios. we are not too optimistic, g4, we expect a double-dip recession. bank of england will still be there providing support. it is similar to what we see in japan, despite huge government spending, it is not always a bad story. modelene: can they negative interest rates in the united kingdom? tom kinmonth: that is a good question. it is not negative at the moment. it is a different mindset in europe. in europe, the ecb is trying to help every member and go as quick as the slowest member. ande is a lot of support the banking sector with monetary transmission. it is a tougher environment to bounceback and try to provide a solid proportion. the currency begins to negatively impact europe. francine: i don't want to get you -- tom keene: i don't want to get you in trouble with your executives. pretty grim out there. getting a lot of support, will we get to a fragility in q4 and q1 where ban

we have a not looked at the thes, the case dynamics, death dynamics, the sick 66 in trend. shout out on twitter this week and, what new york state and new york city have accomplished is absolutely extraordinary when you look at the map. we will get an update from joshua sharfstein of johns hopkins university. we do that in the next hour. at turkish lira churning 7.33 in depreciation. this is bloomberg. ♪ ritika: this is bloomberg surveillance. i'm ritika gupta. job cuts in the u.s., oil picked up last month and the outlook makes it worse. one to 9300 people in in the oil sector lost their jobs in july. that is a 43% increase from june. that is almost 100,000 job cuts in the industry since the coronavirus pandemic began. trade group forecast a lot of cutbacks because the virus is sparking economic activity. the property group reportedly has an idea on what to do with empty space once occupied by -- such as sears and jcpenney. according to dow jones, those could be into -- turned into amazon fulfillment centers. amazon is also an talks about putting his coming grocery store c

and i wonder if you can tell us about that ad and tell us about the dynamics of how race played intohat congressional race. >> there was a white republican i was working for. there was a white democrat and then there was a black independent. so, the district at that time was probably 40 percent african-american. so that 40 percent, 90 percent of it was either going to go to the democrat or go to the black independent. it was in our best interest that it go to the black independent because the black independent wasn't drawing enough white votes to be a real threat. so i made this commercial. i thought it was very clever. it wasn't negative in any sense or pejorative towards the african-american, but it informed african-american voters who might not have been aware of the fact that there was an african-american because he didn't have a lot of money and wasn't running that robust of a campaign that there was. and it was sort of this crucible lesson that race is the key in which certainly all southern politics played in, to a certain degree, all american politics. >> and let's just go to

versus the income she dynamics. how will the central banks react to this? what is the next step for central banks looking at a non-v-shaped recovery? what more can they do he echo -- what more can they do? bhanu: this is the key point, not much. in the last three months rake evens have done the job of taking interest rates lower -- last three months, breakevens have done the job of taking interest rates lower. if they are going to do it in three to five years with the control balance, they have oaken about, and considering the rba at the moment for that, which is 023 years, it completely priced in. they cannot surprise on the upside. the only question is, if they are going to target average inflation, is that going to be credible? to hit really struggle core pcm for any length of time in the last 15 years -- and i personally think it is going to be difficult for them to push inflation expectations much higher. this is not just the u.s. look at japan, look at europe. these folks have not been up to pay down the inter

there's a different dynamic there.that's the social media marketing, marketing for an idea, propaganda being almost a marketing campaign for particular idea. you can say that using the same tactics in a lot of ways. when we see the covert side committees incorporation of things like bots. there's a spectrum, and this is again going back to history, a spectrum of understanding how concealed an account or operator is. sometimes they are so real people are a just influence in the sense that you don't know who they're working for or who is funding them but oftentimes what we see with twitter and facebook is there's this extremely easy way to create -- [inaudible] so that dynamic just kind of again transformed come makes it more efficient to run completely unattributed campaigns but they do, in fact, take some work. what we saw with russia was a multi-your commitment to begin to establish its personas. the personas through using the 2016 were created in 2014. they had multiview history of engagement. they worked to connect

but it is an interesting dynamic .hen i talk to sources on the president's reelection campaign, they really want to have the president talking about the economy and talking about solutions. they still feel that is where he is positioned to do the strongest. tom: in the zeitgeist, there's always these little moments. i saw a snippet of a video of the senator from south carolina, mr. graham, in columbia, talking about the c.a.r.e.s. act and about the $600 check, and he looked nervous. what are these guys hearing when they go home? then: they are looking at university of chicago study, which has said that individuals on are earning more money unemployed and benefits, but democrats are looking at a gill study -- at a yale study. in terms of south carolina, would you can look at in terms of a battleground for trade with china onst automobiles, but for europe, but he is someone who is really in the mix of foreign policy conservatives. he's really in a fight that he is expect it to alternately when, but he is also running for

this sort of technological powers of israelis in certain areas and then we benefit also from the dynamicure of the uae's economy. having said that in my assessment, this is going to be a world peace. we really unlike jordan and unlike egypt will have not forced with israel. that is not really a factor, it's not a national site. on the other hand with regard to the weapon system et cetera, there has been a lot et cetera. india already has indicated that it wants the 55, i think the first time in six years, this is something on the table, we have legitimate request that are there and we ought to get them and i think this is not -- this in my opinion, we ought to get them in the whole idea of war with israel will no longer exist, i think should we actually be more easier but the f-35 as i said is requested of six years ago and many of our request in terms of defense and et cetera i request that receive this deal, they're not connected to this deal. >> you mentioned the israel and the ue have not had a work in this request has been pending for six years, what do you think the is really conce

an interesting dynamic in the markets today.ve us perspective, from blackrock, marilyn watson with us with a wonderful transatlantic view. i look at the bond market, there is a point where you switch from yield analysis to price analysis. is all of this about whether it is full faith and credit for the new google 40 year piece, there is a buying frenzy for paper? it isn: i think reflective of the environment we are in now. if you look the huge amount of carry,for yields you can you look at the an arm is amount of stimulus on the eurozone, from the u.s., at the moment it is where the investors put the money, and it seems when you lead into august, you have more volatility, investors are scrambling to find whether they can find income in yield and where they can put their money. looking at price are looking at the yields, yields are low but they will stay low for a long time. tom: it is great to google 40 year piece, it is up to percent off the two day go offering, which is 1000% per year. i am glad you bought the new google paper

where we would benefit from agricultural breakthroughs, but israel will also tap into the most dynamic economies and one of the most global economies in the arab world, so it is really a two-weight street. kirsten: that makes perfect sense. quickly, and then we will circle back to annexation. briefly, is there anything more about is really politics and american politics -- a quick question on that the white house support this, the technology talks about the sale. how would you convince the biden administration or democratically controlled congress and the u.s. to support the transfer of cutting u.s. military technology? dr. gargash: i think, first of all, let me say that we are very encouraged with the big, bipartisan support. now, following vice president biden's statement supporting the become anas not administration policy. it has become an american policy, and i think that is very positive, in my opinion. and, again, i think this is something we will have to work the system before. we have been successful many times, less successful other times, but i think we understand how the sy

the other major dynamic in addition to allies is china itself. north korea, as well. can you talk a little bit about in the case of china, how you think that u.s./china dynamic, particularly as it relates to the army and your mission set, what does success look like in terms of how you position what you're doing with allies and with -- as part of the joint force? >> you know, as i talk to the allies and partners, the last thing we want is some type of conflict. so great power competition doesn't mean there's a great power conflict. but at the same time, many of these countries, they do want a free and open indo-pacific, because they need to fish, they need to have access, they need to be able to do the things that they need to do for their economy. so what their interest is, is really stability and security in the region. and so all can prosper. >> china most recently, probably for folks watching, ground force efforts and the pla has gotten into border incursions with india. it's not the first time that those have happened. there's historical border disputes. but they

apartment rents will be inflationary because of the supply and demand dynamic.whether or not businesses have the capacity to pay inflated rents over time. tom: this is the heart of the matter. you have to make more money. some of the realities of new york city real estate is the incomes are not there to support the rent. is that where we are? does the wage growth stop there and the revenue growth stop there for businesses? mitchell: we have talked on the air in the past about the fact you have all these for rent signs in retail across new york city. i think ultimately landlords will have to lower their asking prices to get tenants if they want to fill the space. there is not enough commerce to support that high rent asked. i think you will see falling rent prices or a lot more for rent signs. lisa: is at the same story on the residential side? how much further can we expect values to fall in manhattan real estate? mitchell: you will see rents fall. there are high-quality apartments in new york city that have enjoyed a 90% occupancy level for a long time, which h

but this is the dynamic that exists. i don't have any reason to believe they'll be on the same page. >> maggie, appreciate your reporting, insigthts and the story holds up today and a glimpse at the dynamics. appreciate. we'll continue this conversation jix a new twist today in the president's almost always misleading attacks on mail-in voting. using covid to steal the state, see you in court. that's the president's tacks on new changes in nevada and note the see you in court part. the trump campaign and the republican national campaign fighting efforts the make it easier to vote for mail amid the coronavirus pandemic. the president and the rnc say what is happening in nevada is illegal and will destroy integrity. the democrats say the idea is to keep people safe but encourage them to vote. source the truth from the spin. michelle rendell is an independent reporter. thank you for joining us. the president says this is an illegal coup. he may not like the results but this was the governor and the legislature passing a new

dynamic pricing happens in a lot of industries.s like the old middle eastern market, special price for you, but they are doing it kind of in reverse, because they trying to get the most money possible. it's understandable at a time like this, of course, airlines are laying off people in droves and trying to make as much money as possible, but it does smack of unfairness, in that they're trying to get money in this way. why not just charge here price for everyone? >> yeah, yeah, absolutely. i don't think it's going to sit well with a lot of passengers out there. appreciate you getting us up to speed any how this all works. thank you, christopher. >> sure. >>> laura gaining strength in the gulf of mexico, and now officially is a hurricane. more on storm preparations coming up. hey, my twitter is blowing up! dear jack box, bring back the y chicken strips, still waiting for the spicy chicken strips, so many about spicy chicken strips. wow, i hear you. so i'm bringing back my juicy 100% all-white meat spicy chicken strips combo for only

this work from home dynamic really changed the kind of applications that need to run.t changed the kind of semi-conductors that are required so we announced a whole suite of new products in our ethernet portfolio that for the next generation of equipment that will be available starting now and through next year, there is a significant upgrade cycle. so we have some other growth driver that's we feel strongly will be in our favor but certainly at a high level there is no doubt that the move to the cloud is real and i think it is a challenge for a lot of companies to navigate and we feel very bullish about it >> to john's point, the slers is moving faster than we could have imagined why do you think that it will stick around and what kinds of industries are or businesses do you see going forward? >> sure, i think it will always continue to be a mix we have had our own trance formission thefo transformation with those, the challenge that we and a lot of companies face is this dynamic that has occurred we have engineers now around the world designing some of the most state

a baseless community with multiracial dynamics at play. a needs to navigate his own racism issues. ra suesnot mething,to be ed. ltaci. every faith that is multiracial is affected by is affected by racism burger >> thank you so much continue the conversation a moment on mosaic. >> welcome back to mosaic. i'm your host, wonderful conversation executive director of juice of color. will come back. so, i wanted to know if we can talk a little bit about personal individual level, what is the spiritual jewish drive for us commonly to make jews of color and and spiritually nourished in our own jewish community among ourselves. >>a beautiful question. maybe a personal story. which is that.g our jewish spiritual life. gives us tools to navigate life. for jews of color important we do not push jews of color away from jewish life we cannot access the tools of spiritual growth. spiritual nourishment. ll, i knew this colic was a wonderful colic. unaware of the situation that had happened. i said to myself, i will make sure talk with her before yom kippur. so that she has an opportunity to come b

because they believe inflation dynamics have moved and will move slowly, they will set policy based on where they think they can get unemployment to. they will have a target, something like the idea that you get to this level and prices will start to rise, but it will be lower. they will let inflation run for a while, rather than reacting when it starts to rise, if they

that dynamic is going one way.the short-term, you are getting these pops in optimism that will provide trading opportunity, but i don't think it is going to change your secular environment of being below 1% in the 10 year, and all likelihood. tom: robert tipp, thank you for that discussion. this debate, and it still just comes down to the inect fear in england and the united states of negative interest rates, and that idea is still out there given weak aggregate demand. anna: we saw some week data from the u.k., and increasingly the market started pricing rate cuts here in the u.k., and we haven't got much to cut if you don't want to go negative. that doesn't seem to way people are assuming that we go. the 1.3 170 doing to sterling in london? what is the effect in britain of $1.317 sterling0 -- of a $1.3170 sterling in britain? anna: interesting to watch sterling as we head towards the end of the year. i spoke to a guest earlier on who was saying there's going to be so much noise around sterling. plenty of trading

competition and engage in self referencing and predatory behavior that is really tamped down on dynamism in the economy. these corporations rose to power because antitrust laws, and that policymakers focused on mckinney competition in markets when they were very small, and that focus shifted away. in fact, policymakers have encouraged this monopoly power and consolidation all across the economy. one thing that really came through in yesterdays hearing was that we hear a lot of rhetoric about standing up for small businesses from members of congress but yesterdays hearing actually put forward the voice of the small business people who are being preyed upon by these corporations, amazon, facebook, google, they have so much power as gatekeepers over our economy and over our commerce, and the really came through. members of congress, members of that subcommittee lifted up the voices of small businesses whose livelihoods have been arbitrarily cut off by these corporations, or businesses whose business models and products have been relentlessly copied or acquired under anticompetitive reasons.

the dynamics of inflation have changed, and also the dynamics of the labor market have changed.n't automatic escalator charges that push us into that inflationary cycle back in the 1960's. anna: good morning to you. really interesting conversation there with james bullard. i want to bring in a red line that just crossed the bloomberg. the yen crossing 1% -- sorry, climbing 1% after abe says he will resign. we've got so much going on in fx markets overnight, haven't we? in terms of what is going on with the again, there's obviously -- with the yen, there's obviously reaction going on to the resignation, but there's also powell in here as well. we got a lot of dollar we come against a lot of other things, too. what is the assessment you are hearing about where the dollar heads within this new universe of average inflation targeting? michael: it is going to have an effect in the short run, and there is a feeling that the dollar is going to be moving lower. it's been in the process for some time, but it is still not anywhere near the lows it reached in 2015 and 2016, when we had tha

delivery hero paints itself is the disruptive dynamic new player in the global food delivery market 9 years after it was founded. in 40 countries and it's just driven its way on to frank x. i think this is a very good step for for tech companies in general in europe and especially in germany and we hope to be followed by a lot of tech companies in the future and to prove that they're actually the right place to be for tech companies and to have a giants like what you see in the u.s. and in china. delivery hero replaces a company that was also once lauded as the hip new kid on the block online payments for wire card but that german success story ended with a scandal driven fall from grace delivery hero is keen to avoid any comparisons. we are different business model we are a different industry we start with compliance and compliance departments back to 216 already in generally so we take compliance extremely seriously you know so i think the only thing we have in common is where german company because in germany. despite an established global footprint delivery hero is yet to deliver

this incident is very dynamic. so, as you just heard on the briefing, some parts are in mop-up and patrol. the black line that you saw on the map, that means those areas are secure. we're still monitoring. other areas have active fire. that means that you'll still see smoke, there will still be flames. there will still be folks that will be evacuated and out of the area. so, i ask you to -- there's a lot of information flowing from east to west, north to south on this incident. and each part is dynamic. i ask you to please tune into reputable sites for information. you can go to fire.ca.gov or to your county's local emergency website to get current information. we're all working together. both law enforcement, our counties, all of our fire folks to get you the most current information and keep you abreast of the communications. i also want to remind you that it is fire season. but we are -- once this fire's done, we still have a very long time to go. we are in the middle of peak fire season. that means that you nee

or mary video reduce newman is providing background dynamics. newman isr mary providing background dynamics. >> we are having a dinner party and should invite them cuban people for miami. >> he is talking about florida. a major swing state and president trump's official residence last year. ♪ >> florida has quite the reputation in both politics and culture, demographics wide-ranging, particularly with the has panic and latino populations. the largest communities are cuban, colombian, mexican, dominican, guatemalan and puerto rican. the latino vote is grossly oversimplified. the florida population proves they are not a monolith. look at a map to let that sink in. here is where a majority of cuban-americans, the largest and most conservative latino population of lorna, live. up here is where you will find the majority of the more liberal latino population, the fastest rowing latino base in the state. in 2016, close to three quarters of latino voters for hillary clinton, and 2020 shows similar margins for biting. it could be a threat to trump in no

prevent such a dynamic from happening here. we began our review with these changes to the economy in mind. they listen event held around the country, a flagship research conference and a series of committee discussions supported by rigorous staff analysis. in our democratic society, we have sought extensive engagement with the public throughout the review. the fed lists and events built on a long-standing practice around the federal reserve system of engaging with community groups. involved a wide range of participants including residents of low and moderate income communities, retirees and others. to hear about how our policies affect people's daily lives and livelihoods. the stories we heard became a potent vehicle for us to connect the people and communities that our policies are intended to benefit. not the clear messages we heard was that the strong labor market was generating employment opportunities for many americans when the past had not found jobs readily available. a clear take away from these ofnts was the importanc

the dynamic play of the game, couple of dynamic plays, inside the park last night and the walk off tonightne to score two and give the diamondbacks their first series victory of the season. 5-4 the final, we'll wrap things up after this. we've always made quality furnishings for the many people. and when we sell many of them, we make them more affordable. ♪ ♪ to us, that just makes sense. ikea. make the dream yours. >> adam: kole calhoun caps off and arizona come back with >>> call calhoun has an arizona come back with a walk it off for the diamondbacks, 5 to 4 is he a get their first win of the year. 2 of 3 from the depending al champions. >> eric: big for this arizona offense, they strung together some great at-bats in the sixth inning and finish it off in the ninth inning. a complete team effort, this is how the team will compete this year and this is how they win. >> adam: everybody's got the clique. a lot of contributions from all over the lineup tonight for arizona. it will not get a chance to see mike trout and the los angeles angels take on the texas rangers on fs1. that's tomorrow

the dynamic has changed quite a bit.en covering this story from calais for a number of years now. about three yea rs a number of years now. about three years ago there were 13,000 migrants here in the so—called jungle, just a stone's throw from here. now we are told there are about 1000, but the dynamics have changed. this morning the police came at about eight o'clock, and move people on, and every two days they have been doing that for the past month, we are told. but the migrants have worked out that the rhythm ends about midday so they come back in the afternoon and try again. about a 30 mile stretch of coastline is where the boats are leaving from. also the numbers, as we have heard, 250 yesterday, going back to 2016, we we re yesterday, going back to 2016, we were talking about 100 boats leaving, and three factors at the moment why we are seeing a rise. 0ne, moment why we are seeing a rise. one, the weather, the sea is calm. secondly, according to migrants and charity workers, success is breeding success , charity

them on put the two of equal footing and on common platforms, one is a more dynamic campaigner.ou look at these 30 primaries, the majority of delegates chose the primaries. would you agree with me that this has turned out to be a pretty representative set of elections in terms of the rank and file opinion? stephen: i think while the votes have been small it will come out about where the party is. platform apply to the as well as the candidates are making at this time. i guess you would have to include this as work. could they choose a representative leader for large umbrella organizations? they are each finding their center. looking for the middle. that you have the feeling that the changing in the finance law has had less impact? will find think we when we total it up at the end that they kept some money out of the system. there won't be the great contributors. equalizede , would thiss campaign have been any different if somebody else had emerged? it is much more unlikely that the party rule changes. it may have made a difference. for example in 1972, mcgovern got every delegat

thaty looking for relationship he is talking about, the kind of dynamic -- not reppo the dynamic with obama but -- replicating the dynamic with obama looking for a true partner. trying to find out which of these women might have that dynamic with is where he is owing into the home stretch. haines is the editor at large of the 19th. 77% of women hold jobs that require close personal contact. those jobs account for positions that cannot be easily done remotely like food service, health care, personal service, speak to that particular these but more broadly about your approach at the 19th to coronavirus coverage. how are you looking at this pandemic from a news standpoint? guest: you know how the , among the things it the campaign trail, which vanished beneath our feet by mid-march. and while this was not necessarily the start we thought we would have as a newsroom, that was focused on this huge election this year, i think we realized fairly quickly that women were being disproportionately impacted by the pandemic. in almost every area except death. line are your front workers in sony ca

support these large institutions, but our strength as an economy has always been because of our dynamismnd because of innovation that real competition creates. so this is really a myth that we should look at the authoritarian, communist regime to model our economy after, and is a really dangerous one. facebook, amazon, google, they are all squashing innovation and crushing competition, and at the same time hurting businesses all across the country and really making -- putting people out of business. so i think that some of these kind of talking points about china is really a scare tactic, quite honestly, and it is not rooted on what has historically made our economy so strong, which is the ability for someone with a good idea to compete and grow in that way. that is not how these corporations are growing now. in the very beginning, yes. they were innovative. no question about it. and they delivered important services, and they could do that in an environment that was competitive, and basically the failure of the antitrust and policymakers to understand how these corporations were achievi

to support the large institutions but our strength in the economy has always been because of our dynamism and because of the invasion that real competition creates so this is a myth we should look towards in our authoritarian communist regime to model our economies after and it's really dangerous one. facebook, amazon, google, they are all squashing innovation and crushing competition and at the same time hurting businesses all across the country and really making or putting people livelihood out of business. i think that some of these talking points about china is a scare tactic quite honestly. it is not rooted in a historically made our economy so strong which is our ability for somebody with a idea to compete and grow that way. that is not how corporations are growing out. in the very beginning yes, they were innovative, no question. they delivered important services but they can do that in an environment that is competitive and essentially the failure of antitrust and policymakers to understand how these corporations were achieving dominance and to buy into their talking points about

libya conflict went by both sides are whereby we have a military stalemate whereby the military dynamics are equal if you remember previously however there was a superior force and he was able to bulldoze all attempts at a cease fire but this time as a result of turkish intervention the western side g.n.a.t. the government of national court has enough power now to prevent have there from watching the west which even if it doesn't have the power necessarily too much it used to it and that's why the ceasefire comes amidst this stalemate in which if if a battle does take place for sit which was being touted for many months if if one side loses the stakes are so high that nobody wants to gamble on it moreover that to keep power brokers that emerged after that section to vengeance which are turkey on one side and russia on the other side their interests are not necessarily libya or taking over libya turkey's interest was always the mediterranean russia's interest was always the mediterranean in the wider african continent in other words for turkey the cease fire is very good and it's been neg

there is a lot of interesting dynamics in the ad market right now.oppy in the short term but in the long-te term i think there will be opportunities to reach players and get the right products and services in front of them. >> this is a very new york centric question and i'm not even sure it is material, but mobile gaming is a huge market people that don't use mass transit, will it take a chunk out of what would have been an audience for mobile games? >> i think we have not seen the reduction? engagement the time they're at home they're spending more sessions in mobile games. you get a few more turns in words with friends so as you're moving through the house making dinner, getting your kids ready for home work, there are times and places where you want to take a quick break and drop into a mobile game. it is free to play it is mass market appealing, global, and allows you to conform and tailor it to how your game is going you can have multiple sessions per day. frank, last question for you do you continue to look and continue your mm&a strategy >> y

it creates a kind of intense phase of asset purchasing to build the momentum and dynamics to allow toe close to that zone. so the approach we have, one is to restore the momentum and inflation closer to that zone. and after the pandemic is over, we returned in the second phase to essentially the campaign to bring inflation towards our aim. that is essentially going to be our policy task. as always, the government counsel stands ready with all of its instruments. i think the last point, quickly, want to make is on fiscal policy. that the task we have partly depends on the extent and the persistence of fiscal support to recovery. a lot of things happening in europe in terms of national policies, and then this summer, i would encourage you really to take notes and reflect on the significance of the eu recovery fund, this new 750 billion recovery fund. essential to securing a strong recovery for the euro area, and it is important for policy. finally, the last point i want to make in a spirit of that, on there isng remarks, the strategy and review from the , look,t i will also say we're le

i think it is more the sector dynamic than the country dynamics, particularly for the large-cap stocksthat we are not really looking at that particular angle yet. if you did see renewal in any sense of the euro zone crisis and a selloff in the periphery, then you would start looking at that dynamic again. but i think that particular trait certainly post the next generation eu deal, you can see that already and italy ended spain. alix: good point. 1% is where we are on the italian 10 year. great to catch up with you, daniel morris of bnp paribas. this is bloomberg. ♪ >> if we were to lock down really hard, i hate to even suggest it, but if we were to lockdown hard for a month or six weeks, we could get the count down so that are testing in contact tracing was enough to control it. alix: that was neel kashkari, minneapolis fed president, speaking earlier this week, suggesting a fresh u.s. lockdown would control the virus. at the same time, the u.k. is looking at all options to tackle a flareup of the virus. one, maybe shutting down l ondon. -- joiningfor sally me is sam for sally -- is s

some of the pandemic statistics .n case dynamics jonathan: this has been remarkable in the case of talks down ndc totally stolen -- down in d.c. totally stalling. lisa: totally agree. going forward today, we get a read on the economy in the united states. . 8:30 a.m., producer price index data. very interesting to see the divergence between inflation expectations among futures traders versus the absolute bond yields, which keep falling. secretary mike pompeo speaking at an event in the czech republic. we are interested in anything he has to say about china. three year treasuries are going to be auctioned off. the actual deficit is so unclear because that fiscal support package is missing in action right now. jonathan: let's get to the price action. equities futures are higher. in foreign exchange, the euro stronger. $1.1787, up 0.4%. we break 60 basis points on the 10 year to 0.6%. i will be the one to ask the first stupid question of the morning. do supply matter -- does supply matter? this administration cut taxes back in late 2017 with a 10 year at 2.50%. here we are adding tons of de