the fed is likely a go for tapering and is that really a headwind for stocks let's bring in michael schumacher from wells fargo. and julia coronado good to have you both. michael, am i extrapolating too much from this week's bond moves? >> maybe a little bit too much our take on it is, yes, the number today was good but the short-term data almost impossible to forecast the month to month i think you have to look at the long-termer term picture we still think the market is taking its cue from the fed in particular, the tapering is that going to happen this year we think so. we do think bond yields go up but probably not too much until that occurs. y. is it that a wait until the taper happens? >> well, the fed spent a lot of talk and not so much action with respect to tightening policy now. we've heard speech after speech from fed leader after fed leader and chair powell in particular has been swatting away the tapering questions so i think it's a bit of fool me once, okay fool me twice, that's on me. people want to see that move before they do things like put in big short positions or position

championship lead, max verstappen doesn't want to hear how good lewis hamilton is in italy. 0nly michael schumacherny italian grand prix as hamilton, who has already been on full seven times here. could he get another? not today. this was qualifying for saturday's sprint race that will decide the grid. the continuation of an experiment that started at the british grand prix. hamilton came out on top on friday at silverstone, but in the week it was announced his mercedes team—mate valteri bottas is leaving the last season. the finn had the last laugh, topping the time sheets. max verstappen still can't seem to tame the temple of speed. the dutchman has never been on the podium they all started in the top four, but he will be hoping that changes this weekend as he will start the sprint race right between billie behind hamilton. nick parrott, bbc news. the premier league is back this weekend. after an international break. we will talk about 0ceano rinaldo in a minute. liverpool won't be able to field their brazilian trio of alisson becker, fabinho and roberto firmino against leeds on sunday. they didn

the championship by just 2 points from the stop and say how much it now has 9 more winds than michael schumacher sebastian vessel and the other drivers to have reached half a century and said it rounds out the top 5. it's incredible. i 1st the i just have is a big, big thing to my team because without them, i mean even today, fantastic on the pit stops amazing. was strategy and and just continuing to, to not give up in this incredibly bad. yeah, i mean that's super happy, of course to, to be 2nd. if you would have told me this morning that i would become 2nd today and i wouldn't believe you. i got on the rice and i didn't say, well, i'm never going to be happy like this that way, that way when we made the decisions, i made the decisions that i made and there was the wrong. in the end of the day, it's been taking a long time just to get that, that one way and of course the competitors are super fast as you can see. but somebody after 3 games of the new premier league season off the bottom of the table and taught them what top. but it's all change now with also leaving above that no front and riva

he had incredible pacey in such a great joke for mclaren who know has 9 more winds and michael schumacher sebastian vessel and alan pross. the other drive is to have reached half a century in center rounds out the top 5. you may have been thrashed in the ride. a capital is a different story for team europe at tennyson labor cup and needed just one more win against the will team on the final. they had a pick champion, alexander, vetted, and on the rubric for one they double contacts because the, the $41.00 victory, one all for a difference of the competition this year. they did it without another job which ref, madeau, and roger federer. i saw roger, so there was supporting what he was there and go with that. maybe he just wanted to see one more singles match. i don't know. i think we're going to see a double match instead of be honest, that makes more sense as well because he was trying to confuse me yesterday doing the things as well. the whole team was telling me to do one thing he was telling me to do to complete opposite. so now actually i understand my guy, whether off the 3 games of

the championship by just 2 points from the sap and i want to then now have 9 more winds than michael schumacher sebastian vessel. and alan cross the other drivers to have reached office entry at and send that rounds out the top 5. it's incredible. and i 1st that is, that was a big, big thing to my team because without them, i mean even today. fantastic and amazing with strategy and and just continuing to to not give up in the incredibly tight battle. yeah, i mean that super happy, of course to, to be 2nd. if you would have told me this morning that i would come 2nd today and i wouldn't believe you, i got on the rice and i didn't say, well, i'm not going to be happy like this that way. it is way when we made the decisions, i made the decisions that i made and there was the wrong in the end of the day, it's been taken a long time just to get that that one way. and of course, the competitors up super fast as you can see. but somebody it looked unlikely before the start of the final day, but now is looking virtually impossible that you are. we're trying to go right to cop singles. matches are under

michael schumacher joins us now, wells fargo global head of microstrategy. blown away by the acuity of saying own stocks. do you have an enthusiasm for a bull market forward? mike: i think you've got to be enthusiastic at least for a month or two. the equity market focuses on tapering, like just about everybody else. the fed says we will probably taper pretty soon, but we are not quite there, so you get a reprieve. in the near term, it seems pretty positive. i think the nonsense about the dots is just that. who can see out to 2023 or 2024? jonathan: i can't see to january. i think that is the problem. i asked this question earlier. do you think this fed sounded a little bit like the old fed in yesterday's news conference? mike: i think that is a good point, in particular the discussion of rate hikes. powell sounded a little bit frustrated with that discussion. so i would say yes, it's under like the fed dialed back for five years. jonathan: they've told us they will tolerate higher inflation. if using about the long end of the yield curve, that is where the

michael schumacher was the old time leader in wins at 91 until hamilton passed him last year. >>> andeam usa thrashed, thrashed europe 19-9 in wisconsin on sunday. the result was never really in doubt since the u.s. players have been so dominant in the first few days. patrick snell was at the course, and he has more. patrick? >> reporter: so the pain of paris three years ago is now officially over for this exciting and all conquering team usa. an historic and record 19 points to 9 victory, and this party is just getting started. >> this is possibly way better than any other tournament that i've ever won in my entire life. just the group of people, the collective game of golf. it's so much better than just a singular tournament. it's about people coming together and doing something special for the game of golf. >> this is amazing. to be a part of this group of amazing talented players and personalities has been a lot of fun. i'm happy for captain stricks and happy to be a part of this team. >> a lot of people players have grown up with eve other. it's a special group of players. it was