for amanda lang, i am matt miller. happy 4/20.berg. ♪ mark: one person was killed and two others hurt in a shooting at a long island grocery store. the police say the person killed was a 49-year-old employee. the shooting happened today inside a manager's office. a couple hundred people were inside the stop & shop at the time. the gunman is not in police custody. the eu drug regulatory agency says it found a possible link between the j&j vaccine and extremely rare blood clots. it also added that warning should be added to the label, but experts reiterate that the benefits outweigh the risks. those findings come after a small number of vaccine recipients in the united states reportedly developed blood clots. earlier, j&j posted better-than-expected first-quarter results. india imposed a lockdown in new delhi due to a surge in covid-19 cases. this is to prevent the collapse of the health care system. they say may

i am matt miller.etting word that president biden and indian prime minister narendra modi spoke earlier about the covid situation in the country of india. the u.s. offering vaccine materials and therapeutics, but they need more. joining us now is dr. joshua sharfstein, vice dean at the johns hopkins bloomberg school of public health, so clearly our founder and majority owner is heavily involved in that. i want to ask about the india situation for more of a -- situation from more of a selfish point of view. it is a tragic situation. we continue to get horrible numbers. but does the developed world realize how much of a problem that could be for them if it comes back around in the form of reinfections with new variations? dr. sharfstein: there are multiple ways that what's going on india -- going on in india threatens the world. the first is the sheer amount of suffering and catastrophe happening and the ways that could affect families in india, over the world, and the economy. you have this biological c

i am matt miller.e continue to count you down to the fomc decision coming at the top of the hour, and we are going to bring you special coverage of that, president biden's speech as well, later on in the programming. you have the fed coming up at 2:00, and later on, 8:30, our special coverage it a president biden addressing to the joint session of congress. definitely stay tuned to bloomberg all evening long. the stock now about online shopping. shop a fire reported its first quarter earnings today, smashing estimates across the board. that sent stocks soaring. a be more importantly, it gave us an indicator on how sticky online shopping will be as we reopen. joining us now is the shop i president, harley finkelstein, to talk about what they have experienced. appreciate your time. it looks like as brick-and-mortar stores are opening up again, at least customers that use a shop if i -- shopify merchants are still doing online deals, is that the case? harley: let's talk first about shopify and then the ma

i matt miller.holders in private equity firms are looking to cash out without diluting equity musical names of all ages are turning to investors to offload their catalogs for hefty songs. -- hefty sums. one buyer is josh russ, ceo and founder of roundhill music. he joins us now to discuss why music rights are an ideal uncorrelated asset for investors. great to have you on the program. josh: thanks for having me. matt: you have so many of the names that i have not only grow up -- grown up listening to but us and to a lot still now. i was fortunate to go on the last black sabbath tour. why is this asset being so highly valued at a time when everything seems to be free on the internet? josh: the copyrights are very valuable because they earn money from everything from radio, television, broadcast, performances, streaming, on and on. especially from streaming, there is a tailwind of growth happening there. it is free on youtube and things like that, but there are ads on youtube that funnel through down

. >> and i am matt miller. we welcome our viewers each day at this time.e want to bring you headlines from around the world. on this program, we will discuss joe biden's lane for new taxes or increase taxes as well as the johnson & johnson vaccine under review. and the -- in the world of cryptocurrency, it can be a volatile ride. >> this week it has been volatile all over the place. we are taking a look at some of the opportunities, but for equities today it is intercession. the broader s&p 500, everything is moving higher today. techs are doing well, but the s&p -- weakness remains the intel. it has been a very artistry story, or stories. there is news, we are seeing it shaaban pricing action invest stock their church in your today -- is one of the shots that has been the two concerns of these rare cases of blood clots. as many as 15 rare cases made to that shot. nothing -- johnson & johnson was moderately higher here julian assange johnson & johnson. wish use on this a militantly schumer. truancy and drugs going at it is not -- not jewish and of the stud

i matt miller.the heels of the coinbase listing, applovin goes public in an ipo, and it will be the third largest ever for the nasdaq. the mobile app startup opened at $70 after a $2 billion ipo price of $80 a share. ceo and cofounder and for 80 -- adam foroughi joins us with more. are you satisfied? adam: we started this business nine years ago, we always took a very long term view into what we were building. we saw a ton of opportunity to help app developers with our platform to get their apps discovered. today is an amazing milestone for the company. we were able to raise $2 billion. we're going to execute for many years to come, continuing to go down the path of our journey, leading ourselves forward. adam -- matt: why do you think there is a 15% drop in the shares? adam: i can't answer that. i don't know. matt: does it disappoint you? adam: no, because what we are here for is executing for the long-term. i was a derivatives trader when i started my career. you cannot control what is outside of

i am matt miller with amanda ling -- this is bloomberg markets. i am matt miller with amanda lang.es are basically looking to lure big companies to their shores in order to support their economies. this chart shows you the corporate tax rate by a handful of countries that we have selected, and the lowest level that we see here is ireland. of course, they have been very successful at attracting huge companies like apple to do business there, but it has been at the expense of starting a fight with the european union and, at some extent, with the u.s. even. should these rates all be more similar in order to get the most out of companies the government wants? amanda: yeah, and you are raising an important point, which are that some countries that have an advantage will resist the idea. but it is an important step for the u.s. back into global cooperation, thinking about how to act cooperatively. b, if everybody met in the middle somewhere, you would collect more corporate taxes and stop converting corporate behavior and decision-making. it is something a lot of economists would say is

caroline: the daimler ceo talking with our very own matt miller.t for this edition of "bloomberg technology." tomorrow, we hear from reid hoffman and get his thoughts on whether trump will be allowed back on big platforms. that and so much more tomorrow on "bloomberg technology." stay with us for more. this is bloomberg. ♪ ♪ haidi: good morning and welcome to "bloomberg daybreak: australia." shery: good evening from bloomberg world headquarters in new york. i'm shery ahn. haidi: chinese gdp numbers, they report record growth, but the viral debacle preys on investors. economic

for amanda lange, i matt miller. -- i am matt miller. ♪ so many people are overweight now and askingmselves, "why can't i lose weight?" for most, the reason is insulin resistance, and they don't even know they have it. conventional starvation diets don't address insulin resistance. that's why they don't work. now there's golo. golo helps with insulin resistance, getting rid of sugar cravings, helps control stress and emotional eating and losing weight. go to golo.com and see how golo can change your life. that's golo.com. ♪ karina: president biden is making good on a promise to look into expanding the supreme court. the white house says the president is issuing an executive order to create a presidential commission on the high court, it will happen hundred 80 days to study scenarios for sipping court reform -- it will have 180 days to study scenarios for supreme court reform. the european union's drug regulator hasn't started our review to assess blood clots and people who received johnson & johnson's vaccine. the agency says four cases have emerged after immunization. the move turns

i'm matt miller. along with amber kanwar.u said any adult that wants to be vaccinated can be fully inoculated by the end of the summer in canada, which seems like a long way off, but if canada can really come through with this, that's a great thing for the economy there. and for the pandemic. amber: absolutely. it feels like we are living in a very different univers in canada compared to stories of reopening in the u.s. and in the u.k. in many parts of the country, we are looking at the worst number of cases we have ever seen. a large majority of them are becoming variants. this when we are just kickstarting a large vaccination drive. and they have already had to rip up the playbook. they were trying to do vaccines by age, but as hot zones have appeared, they have had to totally readjust where and who they are vaccinating, so there is chaos right now. and we are in some of the strictest lockdowns we have seen as we rush to contain the numbers. matt: well, we still see cases surging elsewhere as well. four weeks in a row in th

matt: i am matt miller. welcome are bloomberg and bnn bloomberg audiences. the top stories from around the world. in just a few minutes, part of our exclusive conversation with blackstone's cohead of acquisition, martin brand, about how the brand is diversifying investments for a post-pandemic world. plus, william rogers, former chief economist at the department of labor about president biden's $2.25 trillion economic plan. we will discuss all things fed as we count you down to the fomc minutes, due out in less than half an hour. they may move the markets on a day when we have not seen much movement at all. amanda: you could not have said it better. maybe something will move the markets. it might be the start of earnings season. take a closer look at the broad markets. pretty close to nothing as you can get on the broad s&p 500 and the internals of the market are little more mixed. you are seeing actions with materials increasing and weight about 1.5%. communications and energy, tech, all higher. you are not seeing much moves at all. there is the 10-year qui

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matt: i'm matt miller. we welcome in our audiences at this hour each day. here are the file -- here are the stories we are following around the world. coinbase made waves in its debut, but now galaxy digital could be the next crypto bank to list in america. we will talk shortly to the ceo, mike novogratz come about his plans. and the big traditional banks trounced analyst profit estimates this week, but how healthy are the smaller players? we will get insight in an exclusive interview with his ceo of citizens financial. how are the markets doing? amanda: markets are pretty flat today, matt. we have some pretty -- czar a little more buoyant, -- things are a little more buoyant. drivers for the u.s. market, we are seeing materials and utilities as the leaders. energy showing up as the weak spot across the board. you can see from the nasdaq, consumer discretionary communications a little weak on the day. look at the 10 year back at 1.57, whiplash for folks expecting that to keep trading up to 2%. and of course we were watching coinbase after its direct listing

matt: i am matt miller. we welcome audiences every day at this hour.are the top stories we are following from around the world. u.s. consumer prices on the rise climbing by the most nearly nine years. we break down the latest on inflation with barbara ann bernard of wincrest capital. plus, big bank earnings kickoff tomorrow. we speak to wells fargo analyst mike mayo for his earnings watchlist. and coinbase is set to go public with a valuation of $100 billion. we talk about the increasing acceptance of cryptocurrencies with president of the chamber of digital commerce. amber? amber: first ahead of that let's check out the market action. little subdued on the s&p 500. on a day when we got the hot inflation picture that typically benefits financials and energy, not really panning out. it is about the tech stocks. you are also seeing a rally in the bond market, particularly the 30 years. we got through a treasury action that had healthy demand. the demand came down even more. but this fails in comparison to the gains we are seeing right now in the cryptocu

matt miller spoke with the ceo. >> we had disruptions in the first quarter. we will continue to have disruptions in q2. we are talking about what the recovery scenario could look like with suppliers. it is not 100% clear yet what the supply availability will be. we are hoping we will make up for much of that loss in the second half of the year, but it is day-to-day management. matt: how important is it to keep your suppliers close to your production? a couple days ago there was a story about your crosstown competition working with a battery producer. are you trying to source technology, chips, battery cells close to where you put the cars together? >> the auto industry is a huge network of supply relationships and technology relationships around the world. our guiding principle is to go for the best, the best technology and innovation, where we can find cost structures that meet our targets. that is worldwide net worth, not something that will disappear, nor do we want it to disappear. as we scale some technologies -- you mentioned batteries -- we will need s

matt: i am matt miller with amanda lang. i cut you off for a moment, were you about to recommend better assets on which to spend if you were a higher earner? amanda: i was going to point out that the germans may not be the best example of what people are doing the pandemic. in north america, but sales have gone through the roof. it was not a super important point, though. matt: but germans are savers. if you spend the majority on asset, or condos in toronto, those prices are going up so maybe inflation is hitting the rich in ways we did not measure. let's talk a little about what is going on with jay powell. he has been speaking over the last hour and saying, frankly, a lot of things he said in the minutes. he has been dovish and wants to continue to communicate that message to the markets. >> we've got a taste of what progress will look like with march employment reports. close to one million jobs, especially if you add january. we want to see a string of months like that so we can see progress in our goals. the recovery re

matt miller is still with us. sense, and two, sounds clearly premeditated. >> indeed, that's why we're seeing charges of conspiracy. there's a couple of interesting things that are noteworthy about this decision to not permit bail and to hold these guys in custody, and that is, first, interestingly, for anyone who claims that this judge might be politically oriented in his decision making, understand that this was a judge that was appointed by former president trump. secondly, this judge had to basically differ with lower court or other federal court judges who had previously been inclined to permit bail pending trial because he was presented with new evidence. what's the new evidence? the evidence is not just that these guys present a clear and present danger, if they were to be let out, and have no intention of stopping the kind of violence that they were engaged in. but also that there's a growing case here. the prosecutors presented new evidence, and nicole, the people i'm speaking to who are in a position to

ceo ola kaellenius spoke to bloomberg's matt miller.battery chemistry side is something we have been doing research on for more than 15 years now, and the particular recipe for the eqs is something we have developed with partners. it has very good density. but if you look at the car, this bow shape, as our chief designer gordon wagner calls it, why is it like that? form follows function. it has the lowest drag coefficient of any serious production car. the smooth shape helps and many little details lead to great efficiency and also gives you good range. matt: it keeps the design language pretty clearly mercedes. let's get back to the chip shortage, if we could. you say you're going to prioritize vehicles like this and i assume the internal combustion s class as well, but how hard is it hitting you in terms of production loss in 2021? ola: we had disruptions in the first quarter. we will continue to have some disruptions in q2. we are now talking about what the recovery scenario could look like with our suppliers. in some cases, it is no

. >> i am kailey leinz and for matt miller. in -- in for matt miller. here are our top stories.sident joe biden is said to be ready to propose almost doubling capital gains tax rate. the headline is sending stocks lower. plus a blowout quarter. this enterprise software company embarks on a plan to compete with rivals. we speak to the ceo in a moment. and how is the world reacting to bidens climate land -- plan? -- biden's climate plan? amanda: the markets had been in positive territory. we are seeing buy-in on earnings so less of a momentum play on earnings. but if you are wondering what happened after 1:00, bloomberg news reported that biden is considering a proposal that would almost double the capital gains tax on investing income and that would have a pretty dramatic effect. details still to follow. it is really the story of the day on the day when individual names had been moving on their own earnings. another name we are watching today is also moving higher on its outlook. sap trading close to a six-month high as it delivers on growth in its cloud driven business. it's ceo

i'm matt miller. this is bloomberg. ♪ want to save hundreds on your wireless bill?y mobile, you can. how about saving hundreds on the new samsung galaxy s21 ultra 5g? you can do that too. all on the most reliable network? sure thing! and with fast, nationwide 5g included - at no extra cost? we've got you covered. so join the carrier rated #1 in customer satisfaction... ...and learn how much you can save at xfinitymobile.com/mysavings. ♪ mark: i am mark crumpton with bloomberg first word news. former officer derek chauvin "had to know he was squeezing the life out of george floyd as the black man cried out over and over that he could not breathe and finally fell silent." that is what the prosecutor told the jury as closing arguments began at the murder trial. the defense contends that 46-year-old floyd died of underlying heart disease and illegal use of math. -- methamphetamine. businesses are boarding up and residents are bracing for the potential of violent protests. antony blinken says the united states is falling behind china and making clean industry. that is ac

with matt miller. ♪ >>

amanda: this is bloomberg markets with matt miller.nto the fray whether bitcoin is hyped up and overvalued. the kansas city chiefs player is planning to take his entire base salary, 920,000 dollars u.s., in bitcoin. you said earlier that this makes sense. why don't you tell me why you think so. matt: i'm not sure it makes sense. i am not forecasting the future of the value of bitcoin but i think it's interesting in that this is not some lunatic sports superhero that is just buying bentleys for everyone. according to his financial advisor, he is a fairly conservative dude. he still drives the same 2009 dodge pickup he bought in high school and has been saving his money, putting it away and is known as quite frugal despite his wild hair. it's interesting he made this decision to translate -- transfer his entire base salary into bitcoin. the numbers sound so much smaller. he's only going to get 16 point -- 16.2 bitcoin at today's rate. amanda: that's very true. it gets to our next guest because in order to do this transaction, he needs a

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. >> this is bloomberg markets, i am matt miller.e are awaiting the first trade of coinbase shares on the nasdaq. we are trying to make a market. coinbase is set to open at $382 per share. though that indication has been steadily chronic -- climbing through the last hour. at 10:00 it was at 340 we will continue to watch that. we are getting word that this will trade in about 10 minutes. and of course, we will bring you the first trade live. let's dig into those powell headlines we got from david rubenstein's interview. we are joined by the ceo of hyder capital management. i hope you caught that interview, it was difficult to get a lot out of him on monetary policy, and sequencing. how should we expect this -- expect the fed or let's start with glenn -- let's start with when should we expect the fed to ease off a little? taper, and think about thinking about raising rates. >> it's too early to talk about tapering. but obviously they are going to taper at some point. i think the market thinks that the fed is going to announce the taper

i am matt miller live in berlin, and mark cudmore markets live editor joins us this hour.ade is less than 60 minutes away. here are your top headlines. stocks trade at record levels as dovish comments from jay powell

i think matt miller it right. eyeballs will matter here.re the eye polls -- where the eyeballs go will dictate this because that is where the tv money will go. tom: so you think liverpool fans worldwide owned by the americans will rally to watch a fixed 15-team league where liverpool can never be relegated? jon: i think the fans will watch their beloved football clubs, yes, if that is what you're asking me for but that's just my view? what has that been worth? everyone has their own. lisa: literally everybody has a view. i am even weighing in. you know things have gone off the whales -- off the rails. jon: coming up, michael spence. tom: the jerseys are pounding on the windows. jon: a couple of basis points. if s market, euro-dollar. euro stronger by .4%. 41.69. if you want to do sports, market . equities, all-time highs. we pull back a little bit. from new york city, it is beautiful in new york once again . this is bloomberg. ♪ jon: from new york city to her audience worldwide, good morning. alongside tom keene, lisa abramowicz, i am jonat

jonathan: matt miller has been all over this in the last few weeks. lisa: really? jonathan: tweaf japanese master champion. i do think we need to congratulate matsuyama. i guarantee you in the news conference it has to come up that we have a japanese masters champion can. i think it's fantastic. congratulations to mr. matsuyama and his caddie as well. from new york then, this is the setup for you. equities all time high. down by about nine basis points. we've been talking about this for about a month now. has the cyclical trade taken a pause? or are we in a new stage of this market cycle? that's what jason draho thinks. jason, let's start there, how do you identify between the two? a pause and a turn in this market cycle. jason: we've had an inflation trade, carried on roughly mid march. that began in february by the start of the year and once it got to mid march, the 10 year was in 1.67 range. and the moving bond market was done in the lag. late last year, we had really good news. treasury markets didn't move very much. for this stage of the recovery, now that we'

matt miller will be excited. i will be here monday. i think it will rain.rsday will be interesting. there's a possibility we start talking -- the bank of canada has already done it. you wonder whether the u.k. could be next. volkswagen earnings -- local elections. christine lagarde speaking. then the big one friday. it seems to come around awfully quickly. it is the u.s. jobs report. alix: i am excited about that because i feel like -- we've been hearing we could see one million. i think i remember ethan harris of bank of america saying 2 million could start happening in the next couple of months. these will be some huge job numbers we could see, especially people start coming back into the workforce. guy: in order to get back to full employment, you have to have those types of numbers month after month in order to put the u.s. economy back where it needs to be and where the fed thinks it needs to be. the sense is if you listen to the regions, you start hearing about job shortages. i do not know how the fed balances that one. there are pockets of shortages.

i'm matt miller, live in berlin with mark cudmore joining me out of singapore to take us through alln this hour. the cash trade is an hour away. here are your top headlines from the bloomberg terminal. stocks look for direction as investors digest and imf global

matt miller spoke the automaker ceo and they talked about how the company is committing billions forlectric rush. >> the five-year plan daimler signed off on just before christmas has an r&d and budget of over 70 billion. needless to say the lion share of that is going into new technology. alix: joining us is horst schneider, bank of america head of european auto research. he has a buy rating on dime lark. before week -- on daimler. can they put up the same kind of numbers for the rest of the year? horst: that is at least our forecast. q1 has been exceptional. you cannot assume the margin continues to be strong. i will say q1 was little better-than-expected bias. that raises upside -- better-than-expected by us. that raises upside pressure. as long as inventories are low and china keeps being strong, any q2 should see a slight volume uptick and higher volumes. at the moment i cannot foresee the numbers come down short-term significantly. i would not be surprised if numbers, in q2. alix: walk me through how they fit into the supply exchange shortage for chips, how is their inventory,

kailey: and i am in for matt miller. we welcome our audiences.are the top stories from around the world. the world economy is on course for its fastest growth in more than half a century this year, but it interest the vergence is starting to develop, according to the imf. we will have the details. and travelers are taking to the skies again. we will talk about how the airline industry is doing as demand for travel picks up. plus, despite high unemployment, a record share of small businesses say they have jobs they cannot fill. we will have all of those details and much more, amanda. amanda: and we are seeing some return to optimism in these markets, kaylee, return to how equities are faring. it is a growth stocks that are the leaders of the market back in the driver's seat again today. pretty broad-based. everything but energy is moving up. that 4000 mark. the nasdaq is the power, and it is the subgroups that make up the s&p five that are on the move, communications, tech, consumer discretionary with some big moves. google up four points sent --

i am matt miller live amber when. mark cudmore -- live in berlin.of singapore. the cash trade is less than an hour away. here are your top headlines. european and u.s. futures pushing higher after another record for the s&p amid dovish fed minutes. that

i am just trying to pretend i'm matt miller.er] romaine: you are doing a fantastic job here. how about one of the european once before i leave? all tricks -- four tricks -- qualtrics one of the biggest movers in the premarket come up about 13% -- in the premarket, up about 13% on its earnings. tom: can you -- jonathan: can you promote "the close?" that's the fee we have to pay. that's it. tom: how my doing? lisa: you're doing great. tom: peter westaway with us. this is important. a really interesting pedigree out of cambridge in operational research and economics, advance guard asset management now as their chief economist. i am thrilled to have you on today about the complexities of the moment for the ecb. to me it goes back to the heart of the matter, the almost bipolar ecb of years, going back to the germanic thrust of worry about inflation versus everybody else. is that bipolar nature still in place? peter: i think it is definitely the case will it have two, say, the fed versus the ecb. but let's face it, and the situation a

tom: i want to catch up with matt miller.is interesting when you do your taxes they say how many traits and digital currencies, it is new categorization some of your state and federal taxes there is a question going forward about regulation, about being able to pay your taxes in bitcoin. how is coinbase getting ahead of that as they are one of the dominant platforms for the crypto asset? mike: the question i like to ask when i hear that question is can you pay your taxes in gold? no. you monetize it and put it in dollars. dollars are the best vehicle on the planet for transactions. we are seeing the digitization of money. cryptocurrencies, all of them are speculative assets but the taxes are profits. that is a good problem, having to pay taxes on profits. a good thing to remember is what happened in this space. the most widely traded cryptocurrency is the digital version of the dollar. this is the dollar gaining dominance organically. if we will see regulation, it will probably be on things like -- the u.s. has to do nothing

bob carter told bloomberg's matt miller that it's just the start of a bigger range of models. talked about the chip crunch faced by the auto industry. bob: the bz forex is a concept but we will be showing it in a production forum and it will be one of two vehicles we have in the market in 2022. matt: what is the differentiator? what a setting toyota electric vehicles apart from the slew of ev's coming on the market this year and next? bob: we have had 20 years of electrified sales. everyone knows about the prius. we started selling that in 1997 and build up to a number of hybrid vehicles, plug-in hybrid vehicles, so overall, we have sold more electrified vehicles as a brand than all other makes combined. now, with the step of the these e forex and be a -- and bz sub brand, our first entry into the market will be a beautiful suv, a little larger than the rav4 that is our number one seller. matt: what do you have that can challenge tesla? you make a slew of cool cars, but nothing in the electric space that has that wow factor tesla at least had at the start of its big sales push

i am matt miller live amber when. mark cudmore -- live in berlin.ark cudmore joins me out of singapore. the cash trade is less than an hour away. here are your top headlines. european and u.s. futures pushing higher after another record for the s&p amid dovish fed minutes. that eu fails to form a united response over astrazeneca's vaccine following concerns continuing over rare blood clots. and under pressure. the credit suisse ceo faces anger in the ranks over archegos and the bonus cuts. we will bring you all of the details throughout the program. so, mark, we see again a couple of days of muted moves, no real narrative to pin to them. i thought maybe yesterday the minutes would get us unstuck. what's the next catalyst you see? mark: good morning. i warned you yesterday not to get excited about fed minutes. you're asking what the next catalyst is out there, i think we are all casting around for that. there is a bit of a lack of theme in markets, a bit of a lack of clear driver. i do think virus concerns are starting to crop up again in a number of

i'm matt miller, live in berlin with mark cudmore joining me out of singapore to take us through allf the market action this hour. the cash trade is an hour away. here are your top headlines from the bloomberg terminal. stocks look for direction as investors digest and imf global growth upgrade and positive notes on vaccinations. joe biden brings forward his goal for all american adults to get a shot as the u.k. begins rolling out moderna's vaccine. blockchain boom. billionaire investor mike nova grad says it's only the beginning of the crypto craze. how one of the biggest bowls is trading crypto's. mark, i wander what you think of nova grassed. it is one of the most read stories. not only is he talking on crypto , he is buying facebook shares, but he is short rates across the curve. mark: good morning. i think this makes sense. whether it's ahead for bitcoin is a slightly different view. it's unclear whether bitcoin has a correlation with many other assets. recently, it has been going up no matter what the background is. some say it's a product of inflation. i think bitcoin, whether

i am matt miller live in berlin, and mark cudmore markets live editor joins us this hour. the cash trade is less than 60 minutes away. here are your top headlines. stocks trade at record levels as dovish comments from jay powell boosts sentiment. his deputy richard clarida joins bloomberg later today. credit suisse tightens for hedge firms and family offices as you would have expected. amid the archegos blowup. barclays plans to limit working hours to cut pressure on staff. junior bankers at bank of america will get a pay raise. there is a lot going on today in terms of markets, unlike the last few days. we have had interesting inflation data out of china, which you point out on the blog is very closely linked to the inflation in the u.s. mark: we don't have a lot going on in markets at the moment, but there is no overarching theme. u.s. cpi is due next week. a little concerned about the inflation story. the idea that we should not get carried away with the scare from the chinese figures, they are not much of an upward change to the forecast we are already expecting. i hav

. ♪ matt: i am meant miller. to quickly toss it over to the president of the united states, joe biden. let's listen in. pres. biden: to make sure that when the government is spending taxpayer money, they are spending get on american made goods, american corporations, and american employees. today i directed every member of the cabinet, every one to make -- take a hard look at their agencies spending and make sure it follows my american standard we set in january. now he got a lot of business to do and get done, and i think the press for being here, but i will talk to you all later. matt: that was joe biden giving a short talk there before his first cabinet meeting. you can see all of the cabinet members masked up around a sincerely distanced table. he does have a lot to talk about and sell. we do have the $2.2 trillion infrastructure plan, which should be easier to sell than the tax hikes he proposes to pay for it. tomorrow we get the nonfarm payroll number, even though it is an easter holiday, the bureau of labo

peers this year but this year's gains have been a bit of a slow burn chipotle the best bet here matt and miller nation team today. quint, look at the chart up over 90% over the past year does a return to school and work help or hurt the company >> i candidly don't know chipotle i love the brand. i love the new cauliflower rice but i continue to stay away from the name it just continuously looks overvalued to me and extended. i think what we hear from them and shocked if we didn't is the same thing of rising input prices so ultimately i think that you have got to if you focus on the space look for restaurants and brands to pass that along to the customer so the favorites are mcdonald's and starbucks and own the names in a dividend portfolio and any drop in price i think we would be buyers of those stocks. >> rising inflation a big factor here, matt the stock at 15.02 a share chi potd l what's the key level to watch? >> we'll looking at this 1,550 level. it's pulled back from there and that's no problem. and the key is what does it do after we get this earnings report if it can break above that d

matt gaetz, tom? >> it's interesting, you remember during the miller probe everyone was saying, who is going to flip on and it was like this ongoing flipapalooza, but those who were cooperating was more from the outside in. this is a different case. as we reported last week, the investigation into gaetz started with greenberg. so if he does end up cooperating here, you have the whole reason why matt gaetz is under investigation. the reason why we're talking about it is this case started out of greenberg's sex trafficking case, and if that person is cooperating, that's the best person you could have where this investigation started from now working on your team. i think if there is something to this, and as you mentioned, the congressman is denied any sort of criminal wrongdoing here, but if there's anything to this, having the person who the investigation started with now in your corner for prosecutors and fbi agents, i think that's incredibly powerful for them and might spell real legal trouble here for the congressman. >> politically speaking, is there an ethics investigation into matt gaetz right no

matt gaetz. april 12, "hispanic cultural appreciation," with host stephen miller. 14, "sanity and what it means to be sane," a ted talk by marjorie taylor greene. april 16, "black hole thermodynamics," a lecture by eric trump. and april 19, "how to bang like a porn star," with keynote speaker the dalai lama. >> announcer: it's "a late show with stephen colbert." tonight: plus stephen welcomes leslie odom jr. and michio kaku featuring jon batiste and stay human. and now, live on tape from the ed sullivan theater office building in new york city, it's stephen colbert! >> stephen: there you go. back at you! hey, mark, how is it going? hey, chris. hey everybody out there. welcome to "a late show." i am your host, stephen colbert. folks, you can really feel that we're getting pretty close to the end of the covid crisis. it's not over yet. but soon, the coronavirus will be in the rearview mirror, and we'll be in the front seat, flooring it, while tonguing down with some stranger we met in a parking garage. that's what we used to do, right? that was it. i have to check my

americans can return to a more normal lifestyle in new york, david lee miller, ktvu fox two news, starting today, sam matteo county will open matttion clinics. the first one will be at the san mateo county event center. the other side will open as vaccine supply increases his clinics or for anyone who lives or works in san mateo county, and they're in addition to the p and running in the hardest hit neighborhoods, and sam matteo county health officers expect the county to move into that yellow tear. sometime next month. they say the coronavirus case rate is just above what's needed to move out of the orange dear counties in the yellow tear can reopen bars for indoor service. other bu are allowed to also increase their indoor capacity. a new poll shows a majority of californians support governor newsome's approach to reopening schools across the state, the pole by the public policy institute of california found that 59% of likely voters say they approve of the way the governor is handling the reopening of schools for in person instruction. 40% disapprove. frustration over school closures was one of the reasons critics of the gove

miller, thank you both for being with us this morning. >> thank you. >>> ahead, republican congressman mattesisting calls to resign amid allegations of sex trafficking. has he lost isthe support of hi good friend former president trump? our reporting is next. thank you! hey, hey, no, no limu, no limu! only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ i've lost count of how many asthma attacks i've had. but my nunormal with nucala? fewer asthma attacks. nucala is a once-monthly add-on injection for severe eosinophilic asthma. not for sudden breathing problems. allergic reactions can occur. get help right away for swelling of face, mouth, tongue, or trouble breathing. infections that can cause shingles have occurred. don't stop steroids unless told by your doctor. tell your doctor if you have a parasitic infection. may cause headache, injection-site reactions, back pain, and fatigue. ask your doctor about nucala. find your nunormal with nucala. new projects means new project managers. you need to hire. i need indeed. indeed you do. the moment you sponsor a job on indeed you

also stephen miller will be here and why we need to bring back trump's border policy immediately. straight ahead. welcome to fox news live. florida congressman matt gaetz under investigation by the department of justice is facing another probe. the house ethics committee is looking into several allegations including illegal drug use, campaign finance violations, and sharing nude photos of women on the house floor. gaetz has denied any wrongdoing and is refusing to resign. the same committee is also investigating whether new york congressman tom reed engaged in sexual misconduct. a volcano eruption forces thousands of people on the caribbean island, forcing them to leave their homes, a volcano that's been quiet for 42 years, volcanic debris is causing low vicinity which is interfering with evacuation efforts. no injures have been reported. now back to hannity. >> sean: so now everybody in america knows what the democrats' america last agenda looks like. it's on full display tonight as the socio-ist state of new york is establishing, get this, a $2 billion fund exclusively for illegal immigrants to provide direct payments and so-called stimulus. in

miller and pulitzer prime winner and msnbc political analyst eugene robinson joins us this morning. let's get right to the news. we're following new developments in the justice department investigation of republican congressman mattormer florida tax official and associate of gaetz is expected to plead guilty in the criminal case that spawned the sex trafficking investigation into the congressman. the "new york times" points out that this could be an indication that greenberg is likely to cooperate as a key witness against gaetz. investigators are set to be examining their involvement with women who were recruited online for sex and given cash payments as well as whether congressman gaetz had sex with a 17-year-old. gaetz, who has not been charged with any crime, has repeatedly denied wrongdoing. an attorney who represents joel greenberg spoke to reporters after a status hearing yesterday. listen to what he said when asked about matt gaetz. >> does matt gaetz have anything to worry about? >> does matt gaetz -- that is such a -- >> when it comes to what happened today in court. >> does he have anything to worry about. i'm sure mete gaetz is not feeling very comfortable today. >> yeah, you know, up until now, john h