thierry wizman there of macquarie. vice chair clarida, 9:00 a.m. eastern time.minutes after the cpi print at america. we will hear from a virtual speech to the national association for business economics. tom: maybe we will get your questions as well. jonathan: i thought he took those direct questions pretty well. tom: yeah, it was good practice before this speech. i look at it, inflation wednesday, and i'm sorry, but you have inflation across italy and france as well, and there's going to be a global reaction to what we see here. jonathan: in the conversation we have in markets will be different than the conversations policy makers have. there's a difference between looking at the moment we are in and a policy focused on the destination, the direction of travel. that's where this market is heading. tom: i thought wizman was brilliant on iron ore. there it is moving higher. is it a market phenomenon? no, he says it is about the chinese government in their state owned government. it is about this move away from fossil fuels, too. tom: how do you say wednesday in

i think the irony today is that it's also now tracked for white people that macquarie say is you know if you are going to fit it out is for new break lads. what is the i'm going to go. for $40.00 you know this is a yeah this is an advantage if it's not a refrigerator. if. it's got a guy who. you know cream abdul-jabbar said the hyper problem we have today is less race than it is poverty and i think use exactly right i mean there's a racial element to it but. middle class whites will sacrifice poor whites too there's no racial loyalty there they're going to come to the curb. i've been able to to travel around the country to experience different communities it's the same it's the same thing. so you see across the rust belt and you see across rural america people struggling and those struggles are kind of shared struggles with people in urban areas that have long been left behind when you find that you can no longer get the mortgage we can no longer cash out of it it could mean when you can no longer get a car loan for the new car your world changes and your experience changes and americ

in fact you have people like doctor macquarie johns hopkins saying 150 million americans have immunity't believe the cdc, the evidence that it works. of tenet is a natural vaccination process. your thoughts? >> certainly is and the individuals who had covid 19 the data showing, as an author and editor and practicing doctors when paper published recently about bond bone marrow biopsies in patients who had covid 19 and even after the antibodies are gone the plasma cells are ready to produce antibodies if the body is exposed to covid 19. americans should know the vaccination program is not even reporting a patient has had prior covid 19 and the vaccine numbers has no check box in the report to account for whether someone has had covid 19. we have ample evidence patients with covid 19 should not receive the vaccine and the cdc has are of it. laura: the original size the immunity lasted up to 17 years and seems to be tracking on that level but a new study on masks and goes without go mask mandate in use are not associated with lower level of covid 19 spread during covid 19 growth surges. th

neil macquarie of morningstar. appreciate your analysis. the social network favored by gamers but used by everyone from musicians to teenagers you doing homework. this is expanding to break out of its niche and draw an even more users of all backgrounds. the cofounder and ceo joins us next to talk about what is next after turning down that 12 billion dollar offer from microsoft. ♪ this is bloomberg. ♪ -- this is bloomberg. ♪ emily: discord was founded in 2015 as a way for video gamers to chat with each other while playing. it has since become a hangout spot for anyone, including musicians meeting the fans and friends doing homework, or even watching tiktok together. user ship doubled last year during the pandemic locked and discord has 150 million monthly active users. it is also testing a way to let users sell tickets to virtual events, opening a huge new revenue stream. this after bloomberg reported that $12 billion takeover offer from microsoft. joining us as the cofounder and ceo. thank you for joining us. you started discord after a vi

we had report cards from ocbc and mccoury --macquarie. we will get updates from japan airlines and alb or india, as the outlook for india's economy is coming under pressure. the imf saying it will revise its view on the gdp growth in july. when it comes to commodities, that has been key. in the spotlight this week, helping push the aussie dollar higher for a fourth week, as we see iron ore pop $200 a ton on spot prices. iron ore futures in singapore trading above 198. this as we see a rally across commodities from copper to iron ore. in the fx base, keeping an eye on the offshore you on. it is holding its biggest jump since march 10, even as the fight and administration spoke of being tough on china. we saw the dollar slipped to a two-week low. that helped push emerging currencies toward the high of the year. as we wait on i -- on china's trade figures, pulling up a chart. we will look at the commodity priced pickups. we are seeing a rise in input costs to the mainland and import in pmi which indicates price pressures are feeding and thro