maria: i mean, you mentioned the franklin templeton head, there are other tokenized money market fundsre, right, congressman? do you think the incoming president trump administration is going to broaden out what could be a whole menu of opportunities for crypto investors? >> i do believe that. that's why our bill that we passed with bipartisan support here in the house i hope to get passed if not the lame duck session, in the very early days of the 119th congress and next year and also i mentioned the dollar backed stable coins bill. both these bills, dollar backed stable coin with u.s. regulation and oversight with a state pathway and our market structure bill for digital assets will unleash coders, entrepreneurs, capitalist, venture capitalists in creating the new economy for us in technology and will ensure that america is a leader and not a follower in this technology. maria: all right, congressman, we'll be watching your work. >> great to be with you, maria. maria: always a pleasure, thank you, sir. french hill on capitol hill. stay with us. we'll be right back. confident. measure

rowe price, templeton, and j.p.ctations that maybe you get to 5% on the 10 year yield in the short-term. let's flip the board and have a look at what we can expect in terms of the inflation data out later today. topline, headline year on year the forecast is 2.6% compared to the previous month of september of 2.4% so it is expected to take up the nowcast from bloomberg economics though month on month sees the inflation print coming in hotter than the estimates. the estimates month on month, 0.2%. the nowcast bloomberg economics take is you can see 0.3%. does that adjust the views around the fed's next steps and rebuild expectations around this trump trade? higher yields, higher inflation. markets currently split 50-50 on whether they go in december. that inflation print dropping 1:30 p.m. u.k. time. more coming from the ubs conference in london, including former nato secretary general jens stoltenberg. coming up, the ceo of abn amro on the dutch lender's latest earnings. that interviews up next. this is bloomberg. ♪

back to winning ways but that hasn't happened — the points shared — it's finished 1—1, as craig templetons only goal difference that separates them. one of the main reasons for chelsea's surgeon has been called palmer. under david dryer separated him from the opening goal. but he couldn't get near this one,. arsenal thought they had broken the deadlock when kai havertz was alive... there wasn't much between him and the last defender but enough for him to be offside. gabriel martinelli didn't have the same issue. he timed his run perfectly and provided the finish to much. north london losing in the west. not for long, because when you leave a pedro neto with this much space, he does things like that. and it turns up things like that. and it turns up the stamford bridge volume. arsenal had a huge chance to win it at the end but no one could find the finishing touch. so, after ten games, they were close. after another 95 minutes even closer. minimal capital between them. this is how the premier table looks going into the international break. arsenal and chelsea both found themselves on nine

i got another investor, put $100,000 in jay templeton and then we merged with another small natural food store and then they brought their own capital in. and so my father clearly instrumental and he was my mentor and my biggest influence that i had on the business particularly in the early days. but we even with that additional capital and even with the we got a bank loan and even with the clarksville natural, we had to open the store. we were ready to open it because we've run out of money. we had a payroll coming up, so we needed to open it so we could sell some inventory. we could make the payroll and we then we opened without our beer and wine license and without our meat, we didn't have a butcher yet. so but we just opened up because we did. we needed to sell some product to pay our team members, but it was successful from the very first day we opened that store, it took off. it really. we hit. we were very fortunate. john mackey. are you tired hearing about being the founder of a hippie food store? you know i was for many years. we were kind of trying to prove ourselves and we wer

that is the cio of franklin templeton fixed income. coming up, we will watch developments within trump's cabinet because a list of picks for treasury secretary is narrowing. more meeting scheduled today with high-profile names. we will give you details on what is happening, next. this is bloomberg. ♪ you know what's brilliant? boring. think about it. boring is the unsung catalyst for bold. what straps bold to a rocket and hurtles it into space? boring does. boring makes vacations happen, early retirements possible, and startups start up. because it's smart, dependable, and steady. all words you want from your bank. for nearly 160 years, pnc bank has been brilliantly boring so you can be happily fulfilled... which is pretty un-boring if you think about it. sonali: investors are keeping an eye on who could be the next treasury secretary. donald trump is scheduled to hold interviews today with former federal reserve governor kevin warsh and apollo's mark r.o.e. and. everybody waiting for the readout from those meetings. bloomberg deputy c

some insensate here as templeton said develop a union that adequate get that were this morning.hey call for a convention to be held at philadelphia. that policy issued by the confederation congress in february 1887 to meet in may of 1787. just over 70 about 74 delegates from every state except rhode island. rhode island was the lone holdout here i was concerned clearly about the proceedings. but the other 12 states sent delegates at total about 74 at one time or another. see you get a lot of rotation here some come in, some leave that kind of thing alexander hamilton's or for a period of time is part off the writ three man delegation from new york. he has to leave for a. unfortunately what is chief fellow delegates from york are not happy with the proceedings. see it some change some flux in and out in the midst of it. but in terms of who is attending here some of the folks you would expect. there also some notable absences. i'm going to mention first those who are not there that you might've expected to be there. and then there's some good reasons in many instances whyst they a

>> sir john templeton famous investor that said bull markets are born on pessimistic and born on skepticisme of the few bulls in the room optimistic on the economy in the market and they mature on optimism and all the sudden everyone seems optimistic now on the stock market and a lot of people that were the last couple of years we won't mention names but they die on euphoria. i think we see the transition from where markets have been optimistic heading to euphoria and that's where the bubbles tend to burst if you look at historically. stuart: looking for coin $82000, do you think that is a bubble. >> i think that's indicative that speculation fever is alive and well and if you look at 70% of grown adults ever use bitcoin that is the same as 2021 and has not changed at all, six out of ten people in america don't trust bitcoin or crypto currency so i think it's indicative that the casino is getting bigger, money is still pretty easy out there which also speaks to why is it that cutting interest rates when you have a hot hot financial conditions. stuart: your little worried stock is straight u

franklin templeton senior investment strategist katrina dudley.d earnings season, and the reactions have been blowing my mind. i'm looking at stocks i gave up on three years ago, up 30% in one day. and you talk about the whole notion of forget about soft landing, no landing. that camp is starting to get filled up. and, of course, the economic surprise is whether citigroup or bloomberg just straight up. so you had factual things on the ground can versus all the anxieties that come along with election season. >> yeah. i think a lot of people have been concerned because they've seen the move in the market. we've seen it since the election. well, all the gains have gone, and we think that's really just that relief rally that we've seen because we were so bearish and cautious and nervous going into the election and going into the election result that a lot of these moves in the stocks are actually just the resolving of that, and they're not reflecting some of these really positive things. charles: so more of a coiled spring kind of thing. >> yeah. char

craig templeton reports.last night. lucy bronze's volley opening the scoring with a minute on the clock. they would go on to score twice more and ease their way out of the group and ease their way out of the group and into the quarterfinals. everything was not perfect, but in terms of a result, we are in a good place. that is good because it brings a lot of confidence and also it is important for us to continue our run. , ., ., our run. things are going well domestically _ our run. things are going well domestically as _ our run. things are going well domestically as well. - our run. things are going well domestically as well. victory l domestically as well. victory against manchester city last weekend, and two points clear at the top of the table with a game in hand. it is more like an evelyn. sonia bompastor took over a chelsea side that dominated under emma hayes, she won the past five league titles before leaving. irate hayes, she won the past five league titles before leaving.— titles before leaving. we

there's a dinner at judge temple's house in templeton, sort of a frontier town and his daughter comes back from having spent time in new york and she has gotten used to some fine dining out there, which is already attention you know, some people are drifting into these aristocrat magic ways. and when she comes back the frontier town, she has to kind of suppress her surprise at the very food that's being prepared and her father catches this and tries to steer her away from making any comments that might be rude you know out of place. and everyone is sat around the table together, which also kind of surprises her and her father as a sort of elite figure in this town is also the one who gets to set the culture, the eating in that town. and so he's doing a kind of double role like he's trying to preside over his group, but he's also trying to make sure his doesn't say anything too embarrassing. and the way that a food is described by cooper kind of gives away his celebration of this sort of frontier life. he talks about the food that gets thrown away from the judge's table. quote, would e

sonia bompastor has taken over and has a 100 percent record with 11 wins in all competitionscraig templetonnd the champi