aipac head of management. >> i do my best.haad: you said before the break about the long short, is this a sign of higher interest rates in distressed stocks? >> we think back to meme states with interest rates at zero. we saw that a lot of the hedge fund space. i've got rates that are higher. you cannot sit and squeeze because it costs a lot as day traders. companies who are borrowing a lot of money or making a lot of money are under pressure because rates are staying higher. so we go back to the old world and stock pickers are becoming more prevalent. the shorts are working. we did not have the shorts before because there are getting squeezed in our seeing long shorts. maybe value is re-exerting itself. removing back to a stock picker world and we need more time to see if the cycle is likely to be elongated higher. if that is the case, less so on the passive side. yvonne: what about fixed income? >> fixed income is about the yield curve and real yields. you have to think about fixed income, it looks fantastic, you're getting

that could happen in san francisco in november on the sidelines of the aipac meeting.or. why was it held in malta? they have had an interesting place in history for these kinds of meetings. it is not as significant as the malta conference in the waning days of world war ii in 1945 or the malta summit in 1989 after the fall of the berlin wall with gorbachev and george bush senior but between warranty and jake sullivan kind of the highest level of diplomatic engagement right now between battling superpowers. the sources have told us from that meeting they were able to talk about difficult issues like taiwan, they were able to talk about russia's war in ukraine. did they move the needle at all? probably not. however jake sullivan did press wong he on his upcoming visit which begins today to moscow. he is going to moscow to meet with his counterpart there. obviously the u.s. is concerned by beijing's support of moscow amid the war in ukraine. it is also interesting because wong yee as the foreign minister will not be going to the u.n. general assembly in new york nor will

longer has a brain inside and outside, and the efforts he is making in the united nations and then aipac are just attempts to lie and from the mouth of a man who wants to remain in power for the next three years. who says whether you want it or not, it is accompanied by lies ok, but why is he so human or lying? you know that if he is distant, if he can't move forward in his opinion these days, as a result , his political life will be shortened. it's all on tv that netanyahu is fighting to save himself. on the one hand, he is trying to convince the extremists that he can bring more arabic words to the compromise, and on the other hand, he cannot convince these extremists to give some concessions to the palestinians in exchange for the compromise, the french president announced that he has decided the ambassador of this country from african countries in a televised interview, emmanuel macron called on niger. he also said that france should end its military cooperation and withdraw its troops from that country in the coming months to a military coup in niger . at the same time, the civil av

it is not accepted inside and outside, and the efforts made by the united nations and after that by aipacre only attempts to lie and from the words of a man who wants to remain in power for the next three years, it is a general category that says whether you like it or not from politics. but the reason why he is so human and tells lies depends on the fact that he knows that if he cannot move forward these days , his political life will be very short as a result. the pincers are placed on the one hand, trying to get the extremists convince the arab parties to compromise, and the other side cannot convince the extremists to give some concessions to the palestinians in return for the compromise. as a result of a fire in a fuel storage unit in the african country of benin, 34 people were killed, including two children. the cause of the fire was declared to be smuggled fuel. 20 people are being treated in the hospital , some of them are reported to be in serious condition. students in more than 20 universities in india, the most populous country in the world, are learning persian. it contains

it is no longer acceptable inside and outside the efforts made in the united nations and after what aipac is doing is just an attempt to lie, and it is from the mouth of a man who wants to be in power for the next three years, to the general category that whether you like it or not, politics is associated with lies , but why is he so human or lying depends on this . he knows that if he can't do this as a result, his political life is very short. it is on tv that netanyahu is only fighting to preserve himself . today , he is caught in a pinch. lead to a compromise and the other side cannot convince the same extremists to give some concessions to the palestinians in exchange for a compromise regarding netanyahu's speech in the un general assembly regarding the part that threatened iran an hour ago, lebanese expert interview and discussion we tried to see their conversations bint al-hadi, our heart is just to get it. netanyahu's real nuclear attack against the islamic republic of iran in the un general assembly shows that he is weak and unable to take any action against the islamic republic

inside and outside the acceptability and efforts that he makes in the united nations and after that aipac are just attempts to lie and the language of a man who wants to remain in power in the next three years is a general category that says whether you like it or not, politics is associated with lies, but why is he so human or lying depends on this, you know, if you are far away, if you can't, these days in terms of lead yourself as a result of life politics is very short in tel aviv is that netanyahu is only fighting for his own image , he is on the one hand trying to convince the extremists that he can bring more parties to compromise and on the other hand he cannot convince the same extremists. in exchange for the compromise, the head of the general inspection organization stressed on the prosperity of the economy and employment by removing the obstacles to the production of industrial towns and special economic zones . last month with the arrival of the inspection organization the problems of the 46 industrial estates of the country, başeşe and partners, return to the production cycl

he is no longer acceptable inside and outside, and the efforts made in the united nations and later aipacls it only an attempt to lie and it is from the mouth of a man who wants to remain in power for the next three years . it is a general category that says whether you like it or not, politics is associated with lies, but why is netanyahu lying to this extent? it depends on who knows if these days, he can't move forward from his point of view, as a result, his political life is very short . it is on tv that netanyahu is just fighting to save himself. today , he is caught in a pinch. iran's economy has grown by six and two-tenths percent in the first quarter of this year. central bank by presenting the report of iran's economy in the first quarter of this year it was able to achieve an economic growth of six and two tenths percent due to the improvement of production and the historically low growth of the service sector. according to this report, the growth rate of the service group in the first quarter of this year is six and two tenths percent in the oil sector and 16 and a half percent

he is no longer acceptable inside and outside, and the efforts made in the united nations and after aipaconly making efforts to lie and from the mouth of a man who wants to remain in power for the next three years, makola is a general category that says whether you like it or not, politics is associated with lies, but why is it so human or lies depends on this. who knows that inside these days, he promoted himself, as a result of which political life is shortened. the general thing in tel aviv is that netanyahu is only busy to preserve himself . draw more arabs into equality, and the other side cannot convince these extremists to give some concessions to the palestinians in exchange for a compromise . the european union foreign policy official says that developing countries are looking for an alternative to the heart, except to say today in latin america, africa and asia almost everyone thinks that there are reliable alternatives to oil from an economic point of view, but also from a technical, military, and worldview point of view for the heart of the european union foreign policy offici

vonnie: head of aipac pride research at contee go great to have you with us.ng a big move when it comes to japan thanks. belle: that's right this has been one of the most closely tracked stories over the past few hours. it is an interview that the boj governor gave to local media over the weekend and and it he said that possibly by the end of the year he's going to have enough data on hand around a wage growth whether he is seeing sustained moves there to justify any sort of changes to key policies. the focus is on whether there could be an exit around -- away from negative rates. boj has been in negative rates for quite a time now. we are seeing japanese bank stocks moving off that because financials do you like when you start to see rate hikes. in terms of what else investors and traders are watching, we have seen big moves in japanese bonds and the yen as a result and there is that speculation of what it means for the program of yield curve control. this is one sector we are focusing on very closely we have seen a lot of interest so far in this boj governor

well, she she talked about, you know, what was going on and what aipac would mean for san francisco. so, you know, she really she had an extraordinary commitment to our international regional presence and relationship. and so the conversation around, you know, whatever she can do, how she can be supportive, she agreed to be a part of our host committee. she was committed to making sure that san francisco looked and felt good and for all of these foreign leaders who were coming to our city and just also discussed even some of her own relationships with some of those leaders and some of those leaders here locally offering advice on who could be a part of the work that we're doing to make apec a huge success. so there are so many conversations that was the probably the one that i remember in terms of maybe being the last, but there were always numerous conversations over the last small one, like something that is just like so like intimate, like you mentioned potholes or like you know, fixing a street. i want to wait on sharing that because it involves her family. and i think, you know,

>> we are robustly engaged in working with our partners among the 12 aipac countries.e are focusing on regional competitiveness, sustainable infrastructure, climate, environment, shared prosperity, good government and healthy communities, ensuring people have access to healthcare in the region. we have been focusing on making sure this is something that is a shared priority among our partners in the region. senator, former senator chris dodd has been very active in outreach on these issues. we expect to have leaders meet later this year to talk about these priorities and we will have a framework where ministers in key areas work together on concrete solutions. we expect to bring real concrete supportive resources to this exercise but this is not united states handing down a tablet from heaven. this is working with our partners to find shared approaches and shared solutions. if i could just also note the importance for us, whether it is engagement with our partners, competing with china, want to thank you and this committee for everything you can do to approve and confi

i think aipac is likely to remain higher for longer like the fed, which is not great for bond marketsy great to have you, bob savage, head of bny mellon. more to, on daybreak. this is bloomberg. ♪ ♪ no. he's making sure his portfolio and retirement plans work in harmony. they want to adopt a child and build a new home. so they're talking numbers with their merrill adviser. she's not researching her next role. she's learning how to handle market ups and downs without the drama. personalized advice so impressive your money never stops working for you with merrill. a bank of america company. is it possible to fall in love with your home... ...before you even step inside? ♪ discover the magnolia home james hardie collection. available now in siding colors, styles and textures. curated by joanna gaines. ♪ david: tracking name gas market closely today as we move into the european session with news coming out of potential strikes. more warning coming out of workers and chevron in australia, talking about how partial strikes are possible on the seventh of september, two days from now. septemb

aipac, latin america segments.wth or are expecting to see that is in china. the question is how strong is the growth? the whisper number is something i 15% 16% year on year at same source sales growth in terms of currencies. do we see that given the pain in the chinese economy now? guy: simone, how useful of a guide is what we will get from nike. how useful guide is it for the rest of the retail sector? simone: what we have heard from many retailers-related version, right? there is a stronger higher income consumer that does seem to be a little stronger. but not -- that's not the message we are getting from every single retailer. nike shoes, many retail for over $100 or more. they give us a good sense of how that part of the consumer network is doing. that said, nike markets products to a broad range of consumers. they are a really important manufacturer for footlocker. full locker has taken a bit of a hit. dick's sporting goods. we are not sure how asthmatic apparel in the united states, whether nike can throw off

wewe have four countries in our hemisphere that are members of aipac as well. >> i appreciate that.i think all this efforts are important. still not clear to me we have a comprehensive strategy foror how we are approaching latin america.er so i hope as events continue that way be will be clearer to pass on to the committee. one of the things he visited on our trip was the panama canal. as you know the panama canal is being affected by significant disruptions because of climate change and the impact on themp drought there. that is having a real disruptions in terms of increasing supply chain issues for consumers. can you tell us where the state department is engaged with panama and doing anything to address this if there's anything we are working on to help as they are working how to deal the water shortage? this isau clearly going to be a long-term issue. >> and actively engaged with panama on a watershed management issues through usaid the state department bureau for oceans environments and science. ambassador is very active on these issues as well. vitals were commerce in our comm

. >> the senior economist for aipac somatic research having a busy week for asia.ou can get a run-up of all of these stories that we have discussed in today's issue daybreak. go to dayb and available in the bloomberg anywhere app, you can customize your settings so you only get news on the industries and assets that you care about. this is bloomberg. ♪ ♪ explore endless design possibilities. to find your personal style. endless hardie® siding colors. textures and styles. it's possible. with james hardie™. >> softbank is said to have lined up some of arm biggest customers as strategic investors for the chip designer ipo. they include apple, nvidia and intel. let's bring in the executive editor for issue technology peter elstrom. where are we at in terms of arms ipo? >> it's finally happening. they had been a company before they were acquired for $32 billion, they have looked at a number of strategic options like tried to sell to nvidia, and now arm is hitting its road for the roadshow and talking to investors. the news we had today is that we have strategic inv

side are working for in that is xi jinping going to aipac in san francisco in november.r two big high-level visits. have putin going to beijing next month and then you have potentially xi jinping going to san francisco in november. haidi: our chief north asia correspondent with the latest they are with the eu chamber of commerce in china says confidence in the country's growth prospects have fallen but even -- perceptions may be changing. they have a shared mutual interest and continued success. the chamber president joining us exclusively from beijing. it is great to have you with us. it is twofold isn't it at a time when you are seeing less predictability, more volatility when it comes to the broader business and the investing environment in china. you are also seeing these as you say, the demographic dividends fading. is the risk premier for investing in china as european business really starting to pull back now? jens: i think there are a number of things at play right now, i think a lot of the things are within the capabilities of the chinese government should they

more the markets, coming up we are more, into the trading session in korea, japan and australia, the aipac grand prix is returning this weekend, and the lion city is gearing up for three days of fast and furious festivities. the mclaren driver wrote down his strategy before heading into the race. >> being calm and composed is always a strength. of course, you always have to be aggressive. but i think doing everything with a calm attitude is always a positive. it is something i have had through my whole career and something i have tried to work on through my career as well. i don't really feel like a rookie in some ways, especially now in the second half of the year, i feel like i have got more and more experience. at the beginning of the year, and definitely felt like a rookie especially not racing last year at all. i still feel like i am gaining experience, but i think i have learned a lot from the start of the year. >> it's a process, right? >> exactly. >> how confident are you that mclaren will give you a card that is capable of fighting for championship's, given all of these changes wi

morning mixed moves coming through, we heard from ada the travel group over the weekend saying that aipacs achieved 74% of 2019 passenger travel in july so they are seeing that recovery in travel demand. what they are saying is leading that is the demand for china travel. they will be monitoring a golden week holiday, that is coming up in china. 21 million people expected to be traveling by train during this time. take a look at another group of stocks and focus. the japanese pharma company, the reason we are monitoring this is a couple different stories. the first is we have local media reporting that japan will approve their alzheimer's drug as soon as today. the strike has already been approved by the fda in the u.s.. the other story is more negative because they have another drug under development or a group of drugs being used for the treatment of lung cancer and we understand they have failed and a trial. so there price target has been cut to ¥9,100 a piece. down from jeffrey's prior price tag of 9900 for the stock but we are still trading below that. finally if you change on anothe