back after this with more from barclays what happens when we welcome change?, we can harness the energy of the tiny electron. we can create new ways to connect. rethinking how we communicate to be more inclusive than ever. with app, cloud and anywhere workspace solutions, vmware helps companies navigate change. faster. vmware. welcome change. wanna help kids get their homework done? well, an internet connection's a good start. but kids also need computers. and sometimes the hardest thing about homework is finding a place to do it. so why not hook community centers up with wifi? for kids like us, and all the amazing things we're gonna learn. over the next 10 years, comcast is committing $1 billion to reach 50 million low-income americans with the tools and resources they need to be ready for anything. i hope you're ready. 'cause we are. >>> obviously this is a great debate in the markets. everybody is lower for longer. are they going to start to remove some of the accommodation? the answer is they'll have to figure this out. everybody thinks that they have this

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that is what they are rising to under these new rules barclays announced.s the mental health of these junior bankers. we know that the attrition bank among junior bankers and analysts are very high and they are leaving for private equities, for the tech industry. they are just getting out. it is the turnover after three years. it is mental health that is the issue. barclays already said that they will allow -- they will get saturdays off and sundays except for on avoidable. younger employees are expected to take five day vacations twice a year and recommend they completely disconnected from work so that will probably help more than even the money. shery: when it comes to the money, barclays cannot help it when other banks are doing the same, right? nabila: absolutely yes. the banks are throwing money at the problem but you have also got banks like jeffries which are offering free peloton bikes and fitbit watches to sort of promote that mental and physical health as well. you have jp morgan hiking pay and goldman reintroducing that saturday rule and giving b

barclays ceo jes staley says the bank has no plan to close its offices.spoke at the qatar economic forum, powered by bloomberg. >> we don't have plans to close full offices and tell to work from home. we want people to coming to the office. ritika: traders are back at their desk after more than a year of restrictions. global news 24 hours a day, on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. i'm ritika gupta. this is bloomberg. guy: traders may be back, but what about everybody else? it is interesting what morgan stanley is doing. gorman is taking a pretty tough lion on this. a few days ago -- a tough line on this. a few days ago he was talking about this. alix: how do you deal with those who can't get vaccinated? and if you are not vaccinated and not back in the office, clearly james gorman is not interested in that, so does it start to be the two-tier worker, regardless of why? that can be a potential issue. guy: the why is important. alix: but are they going to make a distinction? guy:

joining us to break it down is krista macleod, barclays -- is krista macleod -- is kristin macleod, barclayslobal had of -- global head of fx. kristin: i think by and large, most of our clients went into last week's fomc meeting with a bearish dollar position and a bearish dollar outlook under the assumption that the fed would be boring, the reflationary trade would take hold. that is clearly not what we got, and that has been a particularly painful for clients over the past couple of sessions. at this point, i would say our clients are trying to grapple with the shift in fed reaction function, but also how other global central banks are going to respond to this shift from the fed. the move in front end rates seems to underpin the dollar in the near-term. you have seen back end rates relatively stable. there's questions around potential policy mistakes. this questions around a slower recovery here. that doesn't necessarily translate into a higher dollar over the medium term. guy: is the bank of england going to taper tomorrow? does that feedback into the u.s. debate? kristen: that is absolut

fabrice montagne of barclays, thanks very much.imco says inflation will peak in developed markets in coming months and will see few high conviction opportunities right now. the cio of global fixed income will be joining us next. this is bloomberg. ♪ >> we have to remain prudent, but mutations, we have seen them. this is not new. we have seen them all the time. today in belgium, one out of three tests we see is the delta variant. this is not something that should block us. we know by now how to deal with. guy: eu leaders in brussels a little earlier for their last summit before the summer reset. here to talk about the highlights of that meeting, bloomberg's maria tadeo. let's talk first about what is happening with the delta variant. are you getting a sense that this is something that is going to slow down the reopening? my sense at the moment is that eu leaders, the eu is progressing rapidly and does not want to go off its course. maria: yes, and we just had new data over the past minute, and the european union is now estimating th

dolores barclay is an adjunct professor at the columbia university graduate school ofjournalism. is an adjunct professor at the columbia university graduate school ofjournalism. she gave me her reaction to darnella receiving this citation from the pulitzer prizes. i was ecstatic that she did. i think it really is a wonderful statement for people like darnella, who do make an act of bravery to observe and record a moment that�*s going on that could, at any second, turn into an act of violence or retaliation against the person recording the video. and it was courageous on her part, and perhaps it will inspire her to go intojournalism, who knows? there�*s an extraordinary kind of — i don�*t know, paradox isn�*t the right word — but there was — it was something so ordinary, wasn�*t it, in one way? teenagers getting their phones out and filming what is in front of them — happens day in, day out. it�*s so extraordinary. but the difference between how ordinary that is and how extraordinary this specific event and the consequences of it were. yes, it — i think the difference is that she

citi and barclays, attempting to gain an edge over rivals with a range of benefits. haidi: let's take a look at how we are shaping up for this session in asia. sophie: asian stocks notching a fifth quarterly gain but the events did peter out into the summer with the index underperforming global peers. that is the white line here on this chart right now and we did have the index underperforming in global stocks by the most since 2015 in that april to june period. it is a widening gap with the u.s. and europe and we saw matt tam -- latam stocks looking to outpace asia. bnp paribas staying constructive. maggart's catching up -- laggard s catching up. how we are setting up this thursday, nikkei futures gaining ground while the yen is steady above that handle, trading at the weakest level since march of last year ahead of the survey, the worst performer in the first half and it is set for more weakness and i want to highlight the ihs market and australia do manufacturing pmi coming in. still in expansionary territory and check out oil ahead of the opec supply decision. wt

maneesh desphande of barclays joining us, talking about the fed.eel kashkari speaking now -- this sounds familiar. he is reiterating the transitory narrative, talking about the fact that hopefully the u.s. economy is at the start of every strong recovery. the data speaks to that at the moment. but he speaks about the economy still being in a deep hole, and some of the high inflation readings are not a surprise, apparently, but he thinks some of the price increases are likely to be temporary. expects pressures to ease by september as schools open. alix: i was going to say, the one thing he is using his burglary, not transitory foot-- is temporary, not transitory. that is expected. guy: temporary and transitory, you have got to get quite nuanced if you are picking apart any difference there. i think in the level we are dealing with us -- let's talk about what is happening with the meme stock story. it is going to potentially find its way into many more portfolios. you may end up owning some of these meme stocks. we will have details next. this is blo

barclays' chief u.s. economist joining us next. this is bloomberg. ♪ . ♪ so...e struggling with the possibility of having to move. how's that going? well... we found a way to make bathing safer with a kohler walk-in bath. it has the lowest step-in of any bath. it has handrails, a wide door, and textured surfaces. so it gives you peace of mind. and you would love the heated backrest - and the whirlpool jets - and the bubblemassage. and, it was installed quickly and conveniently by a kohler-certified installer. a kohler- authorized dealer walked us through every step in the process and made us feel completely comfortable in our home. and, yes, it's affordable. looking good, george! we just want to spend as much time as possible, in our home and with our grandkids. they're going to be here any minute for our weekly spa day. ooh, that bubblemassage! have fun! stay in the home and life you've built for years to come. call 1-800-986-5068 to receive one-thousand dollars off your kohler walk-in bath. and take advantage of our special offer of no payments for eighteen mo

barclay's says it's rage ground. it is not going down buy the stock for heavens sake. >> and ignore the guy, lower than expectations. >> do people ever not listen to sapper cats? i have been listening to sapper cats since being just appointed. she does not ever, ever raise numbers. >> we will keep an eye on that along with everything else the opening bell, they're ringing, as you can hear, at the big board. contrary health solutions celebrating an ipo and wmne, a digital adoption platform, celebrating an ipo >> and we've glossed over it because we had to go to break but you said the stock is trading lower than it should be even after a great run >> it doesn't matter such insensitive stocks if they -- inexpensive stocks if they can get the chips ford is sold out try to get a hummer. gm you can't get a hummer when in your life have you seen two major auto companies don't have enough inventory? and the used cars are worth so much so if you lease a gm and after three years you give it back to them, they can sell it more

taylor: we .2 michael gapen of barclays, who we had yesterday -- we point to michael gapen of barclays yesterday striking a different tone. he's looking at a gain of 0.3% and the work week to remain unchanged, a different tone than what we heard from ellen zentner, looking at a decline in both of those. romaine: but the markets have reckoned with this idea that we are peaking, and now we will get down to whatever sustainable growth is going to be. there's a lot of people still priced at peak levels rather than at that the sustainable growth level. tom: i thought carl riccadonna of bloomberg intelligence, their chief economist, was absolutely brilliant on the jobs out there, the obvious bartenders, restaurants, service sector going back, but he underscored the need, the tepid data as well, that is going to lead to a very nuanced report. we will give that to you here in 35 minutes. red and green on the screen. really interesting to see what the tape doesn't the next 30 minutes. we will drive forward the conversation. david jones of bank of america securities is a decidedly different glob

that's the call out of barclays as names surge double digits a breadok wn on that trade on the otheride of this break stay with us >>> welcome back buying the supply chain. barclays out with a new note calling for a buy on iphone component suppliers as apple is likely going to release its next phone this fall. all up so far this week. apple itself up nearly 10% for the month of june, as counterpoint research reports today that the iphone 12 line filled 100 million units worldwide by april it beat the iphone 11's pace by two full months. turning to other chip makers, intel is flat for the week, while rival amd sees a boost, more than 10%, after intel announced a delay of the new version of its service chip, code nape sapphire rapids. that's pushed into 2022 instead of appearing at the end of this year just showing how high the wall is for pat gelsinger to climb to get not only the company itself but the narrative around intel turned around. >> i'm curious to know, jon, your thoughts, because so many times we see a succession at a high-profile c-suite, and i guess you could argue he di

john barclay will now lead us in prayer. >> let us pray.and have our being. we are thankful for the great and good man raised up by thee to lead us in the past. bless these leaders of recent decades still with us who have led us through these tumultuous times to live out their years with a consciousness of the admiration and appreciation of a grateful people. >> now i have the honor to present america's most distinguished poets who will deliver an original composition, mr. robert frost. >> robert frost, one of america's great living poets, gave from memory one of his own poems entitled "gift outright." >> the oath of office will be administered to the president-elect by the chief justice of the united states. ♪♪ >> do you john fitzgerald kennedy solemnly swear -- >> i john fitzgerald kennedy do solemnly swear -- >> that you will faithfully execute the office of the president of the united states. >> that i will faithfully execute the office of the president of the united states. >> and will to the best of your ability. >> and will to the be

playoffs, but with fans in the stands, you can hear the energy. >> the nets have been insane at barclayseah. >> i'm feeling the energy right now, yep. >> of course. >>> let's take a look at the other big stories we're following right here this morning, happening right now, a federal judge has overturned california's decades-long ban on assault weapons saying the ban violates the constitutional right to bear arms. the. >> grant: there, gavin newsom, quickly condemned the decision. he called it, and i'm quoting here, a direct threat to public safety. the state attorney general now has 30 days to appeal. >>> also right now, former child actor drake bell pleading not guilty to charges of attempted child endangerment and disseminating matter harmful to juveniles, this all involving a a girl he met online and attended his 2017 concert in ohio when she was 15. the 34-year-old "drake and josh" star was released after agreeing to not have contact with the alleged victim. >>> and fisher-price is recalling its 4-in-1 rock'n glide soothers following the death of four infants because of a risk of suf

it's been replaced by energy guzzling machines. philip barclay, by monday, you know guys copa ga alone as far as the 3000 square kilometers of amazon rain forest. since 20 o a gold mining in the amazon rain forest is attractive for the high yield of going off to extensive packing. mercury is used to extract, go from the mud to process, hold amalgamation, just torn. it's not vance. up or down, lemaire, quarter inch to us. you. why sick are you they were since they since you, bye. sheet are on the for the food just found in the crew. had copper work without protective equipment or procedures to help them. discard the mercury safety stock organ up there. kick your control k model was what we can patch currently by making the hit the the heat applied evaporates the mercury and gold is left in the pack in the copper, ga mindful, 100 grams of gold today it will sell for $500.00 us dollars in the poor countryside, better fortune for a day's hard labor journal. cars or financial right. but i just don't feel cedar. i years anything i guess stone. nearly dear. s o putting digest by the unwise on

the only other man to make this controversial switch was william edward barclay, and that was back inappointment. ancelloti bonita s won the champions league, but what is your reaction to your appointment today as the everton manager?— your appointment today as the everton manager? surprise, really. i didn't think— everton manager? surprise, really. i didn't think we'd _ everton manager? surprise, really. i didn't think we'd the _ everton manager? surprise, really. i didn't think we'd the point _ everton manager? surprise, really. i didn't think we'd the point where - didn't think we'd the point where rafa benitiz would be taken charge of everton. you can see in those photos, does look a little bit weird. i'm a little bit disappointed that there was a once great manager. i'm not entirely sure is any more. unfortunately, it's got a history with our archrivals. the criticism and the focus on them will be amplified ten times. it’s and the focus on them will be amplified ten times.— and the focus on them will be amplified ten times. it's the first time... amplified ten times. it's the fir

that potential and perhaps that depressed. asking him why did love carry on after the woke up the barclay in 2014. and perhaps you would have made a lot more sense for him to stand down than sort of have 3 more years of kind of misery. as we've told the next 900 flick contract stuff. all 1st big shoes to fill . yeah, big used a fellow of course, but he will know what's involved. he was author assistant to yeah. so he knows responsibility. he also knows a lot of the players bear in mind. he was the by him unit coach and other by munich players in the school. so he will have that nucleus to work with the achieved a lot of success with them, of course, winning the treble. what's also promising is germany did when the euro and the 20 ones at 1 am. and so there are some young players coming straight from the they need to transition into the senior team. so some things to be positive about while there's hope at least live, what did he say? anything about what his immediate future will look like? may kept his card very closely. chest in that press conference. he said he's not even have time to p

we barclays can do that. but the main approaches, hey, listen, everybody else was wearing a mask. we've got a mask or you just put it on and go about your business. mask are also required in schools child care locations. health care and long-term care settings homeless shelters, emergency shelters and cooling centers businesses and venue operators on the other hand, have the option to allow that's an 8 individuals to self a test that they are in compliance before entry. >> implement vaccine verification to determine whether individuals are required to wear a mask or simply require that all customers wear mask shopkeepers and restaurant words will continue for their own safety. and so customers when you can as well has lead kron 4 news you just zeke say that fully vaccinated folks can ditch the mask in most places. >> but experts say you should always keep one handy. that's because private businesses and establishments can still enforce masking rules if they choose to do so. that includes gyms. and today kron 4 talked with the san francisco gym owner who says that there is nothing

who went on barclay's in the middle of the crisis to blame renewable energy, central gas, and oil. but the primary source of energy during the winter and the one that killed the most was natural gas. gas failed more from a total perspective, right? the, the total amount of failure, the majority of that came from natural gas energy generation. and so when supply fell, because well heads were freezing, they weren't able to sell to the electricity generators, and those generators failed addressing that particular failure means questioning the oil and gas industry, which has a powerful and influential lobby in texas should be more regulated. that would require not only the legislature to take action, but also the text is railroad commission, which has nothing to do with what it sounds like in that in charge of regulating the states, oil and gas industry. the commission itself is made up of 3 elected officials, all of whom come from oil and gas and have been resistant to any attempts to regulate the industry. there is a serious commingling of interests between the regulators and the ind

i�*m joined now by dolores barclay, who�*s adjunct professor at the columbia university graduate schoolrazier receiving this citation? i darnella frazier receiving this citation? . , darnella frazier receiving this citation? ., ., . ., citation? i was ecstatic that she did- — citation? i was ecstatic that she did- i — citation? i was ecstatic that she did. ithink— citation? i was ecstatic that she did. i think it— citation? i was ecstatic that she did. i think it really - citation? i was ecstatic that she did. i think it really is l citation? i was ecstatic that she did. i think it really is aj she did. i think it really is a wonderful statement for people like darnella, who do make an act of bravery to observe and record a moment that�*s going on but could at any second turn into an act of violence or retaliation against the person recording the video. and it was courageous on her part and perhaps it will inspire her to go intojournalism, who knows? there�*s an extraordinary kind of, i don�*t know, paradox isn�*t the right word but something so ordinary, wasn�*t it, in one way? teenage

barclays is out with a new note, saying now is the time to buy the apple supply-chain names barclays stock closed higher, but underperformed its peers today apple was one of the biggest contributor to the qqqs. what do you make of the call, mark >> think broadly, tech, like we've seen in the past few months is -- as we've gotten -- i hate to use the term -- kind of the old economy i do think that tech will outperform as we see a reacceleration of the economy and the consumer, so i like the call i also like that it's going to and some of the chip makers here, too, that's going to continue to accelerate top down that's a great call i think you'll see more of that over time, because i think some of the stocks that have come back as a relative value, i think it will temper, as i think the tech trade will reaccelerate >> mike, semis of late, kind of coming back into vogue again >> yeah, been about four months since the february peak. nvidia, you can't really overstate how important that move has been. it's been the one area of the market, the crypto play. so if you look at, for example, t

joining us is a chief china economist at barclays.ook. >> today's data, we are forecasting ppi inflation to surge to the highest level since 2008. the ppi inflation -- sorry, ppi inflation to rise to 1.6%, also up from 0.9 last month. >> we continue to see the close convergent picture when it comes to china's inflation gaining with the rest of the world. it rises together with u.s. ppi. are we going to see more global inflationary concerns? >> clearly i think we also have quite strong demand coming from the u.s.. the markets clearly are very concerned about the inflationary pressure and globally. we have central banks that have been dodging this in recent weeks. emerging-market central banks have started to hike since a couple months ago. in the case of china is worth noting the chinese central bank, china's monetary easing last year was rather modest. the pboc raised rates twice by 30 basis points total, quite small compared with a lot of other central banks. >> when you look at the gap between headline cpi inflation, does that point

there's all our plays and absolutely vital role for the people at barclay metal more than a 3rd of the residents by their food and it's market the. they views that goes, it's all as being on their side. they trust the organization. not least because it steers well clear of all political controversy. the price shy price is lower than at the conventional market because our profit margin is much smaller. so if you are getting there, we just cover our cost is not as good as the home. we're not interested in making on the money. i'm not in providing a community service. so lies done reading the for she, larry's kind of vegetable is sold at the same price and pies for calls on sandwich. 75000 families participate in the solar belongs to them. so that i can move the same setting. everybody should know for many years we've been is wayland, have been getting poorer for gustavo sauce is an economist and a founding member of psychosis solo in any organization. the 1st thing they do is to put a foremost out that for months or limits. so you're so many b, o, b, yourself so we, we eliminate that. yo

got the banks, barclays, lloyd, you have telecoms like bp, you have several other companies all in thes. then there's a third bucket that you could say is more thematically driven. things like a green super cycle recovery, or 5g and how that takes off, to mention a couple. and again, there are some overlap with the first two, but you can think about companies like glencore that have the right metals in place for the global pandemic recovery. that's how we have broken it down, and there is an interesting overlap as well with where we see real value across a host of different metrics. where some of these companies, and a couple of others, our trading not only at cheap absolute multiples but cheap relative to their 10 year history on those multiples. we think there is some real opportunity when you think about how some companies are positioned accordingly. manus: absolutely. thank you very much, tim pig -- tim. 1.79, that's the inheritance. murdoch capital probably dumps the stock for-profits. that is next, this is bloomberg. ♪ >> this has been an extraordinarily productive year. we haven

i want to talk a little bit about barclays.mary brokers in europe that has been restricted in terms of access to syndications. if your primary dealer, syndications are where you make your money. this is the way the government works. what you want to be a broker? the syndication business is where you make your money. i wonder if this will bite the eu. there are. city project -- cd projekt had a bumpy ride lately, but news from the playstation platform in terms of reintroducing the cyberpunk game on that platform. the stock rising. a huge blow when that got removed. airbus up -- i've been doing that story since i was 33. that is how long it is taken the eu and the u.s. to finally get on the same page when it comes to subsidies. alix: it happened. that is the point. president biden spoke about the eu and u.s. relations early today in brussels just as we got this deal on aircraft subsidies. president biden: europe is our natural partner. they are committed to the same democratic norms and they are increasingly under attack. guy: --

janine -- jeanine wai is out of barclays.ave to focus on the responsiveness in dynamics of oil price to, say, exxon mobil's free cash flow. his ex on a real oil company now , or -- is exxon a real oil company now, or is it a bank that just happens to own oil? jeanine: that is a very interesting question. we do think they are a real company. at $70 a barrel, there are a lot of options. but i think the main drivers of major stock performance recently has been twofold, dividend sanctity and timing of cash return to shareholders. so at $70, we think is a matter of when and not if that exxon starts returning incremental cash to shareholders. we think that could 20 happen in because22 -- that could happen in 2022. tom: their 10 year return is a tragedy. it is how ceos get fired. what is the new religion at exxon mobil? sam: there has been -- jeanine: there has been a paradigm shift in energy broadly. there's a focus on go forward cash returns and a significantly high gradient exxon for projects going forward, which doesn't change t

as i say steve barclay will be speaking in the house of commons in about an hour.s found dead in the jungle. nora quoirin — who was 15 and had a learning disability — vanished from the resort where she was staying in august 2019. her family believe she was abducted. the change in verdict leaves open the possibility of criminal involvement. the countess of wessex has said the death of prince philip left a �*giant—sized hole' in the lives of the royal family. in an interview with the bbc, sophie said the pandemic had made it more difficult to spend time with the queen and the duke, daniella relph reports. the countess of wessex spoke openly about her charity work, parenting teenagers and the death of the duke of edinburgh. just before lockdown, she visited south sudan to raise awareness of sexual violence against women living in conflict zones. it's a key part of her royal work. she praised the bravery of women who shared the brutality of their experience. when you hear somebody�*s story of gang rape and, literally, physically what has happened to them, it absolutely

very, very small i point it out because this morning they talk about how important it was, barclay's want to contrast the banks with the fintech banks both were weaker but the banks gave up the ghost. i ask you, can you imagine the banks putting through some price increases? they're busy in a race to the bottom they don't want to lose it america's best is doing quite well a lot because they have adopted -- they really pushed for small business i'm just saying, david, as between jpmorgan and paypal, people want paypal. >> they do. >> they really do. and i think it's interesting because jpmorgan is a great bank they're doing really well, but they traded -- jamie dimon -- oh, you weren't here jamie dimon last week saying, you know what, i know it's disappointing but we didn't trade as well. it was like he dropped a bomb on people's heads it was a bomb. like an h-bomb and people were like, i didn't know how disappointing it was. >> no trading here at paypal. >> right, right. so this is now the pure play i don't want -- people don't want exposure to credit risk they don't want exposure to

barclays is moving it up.hey say there will be an announcement in september and we will see the tapering in november. what's your timeline? simon: yeah. i would not be surprised if we see something in q4 with the tapering. let's face it. the next oh fmc meeting is on the 28th of july. you have nothing until late september except for the jackson hole. jackson hole meetings will be the ones where we see more debate about what's going on with an fts and the labor market. if the fed doesn't do it in july, talk about a tapering plan, we have a long way to go until september. maybe we will see something coming out of the end of july. annmarie: what about the dollar? does this cement dollar strength from now until years and? simon: the u.s. treasury yield curve in q1 was really driven by vaccines, the vaccine drive in the u.s.. the european union is now catching up with the likes of the united kingdom as well on the vaccine front. i think this is very positive. those things are driving euro-dollar dynamics. if we loo

under management hedge funds had at the end of the first quarter a new record according to data from barclay hedge ready to shine from the inside out? try nature's bounty hair, skin and nails gummies. the number one brand to support beautiful hair, glowing skin, and healthy nails. and introducing jelly beans with two times more biotin. if your money is working toward the same goals, why keep it in different places? sofi is a one-stop shop for your finances designed to work better together. spend with sofi and get cash back rewards that automatically go toward your goals. like investing in stocks, etfs, and crypto. that's better together. or pay down your sofi debt sooner. that's better together. and that's how sofi is helping millions get their money right. and that's how sofi is helping millions these days you have to keep everything moving and reinvent the wheel. with a hybrid, you can do both. that's why manufacturers are going hybrid with ibm. with watson on a hybrid cloud factories can use ai to automate the little things so they can focus on the next big thing. businesses that want to

they can say these banks, a who's who of global banks, bank of america, jpmorgan, barclays, among otherst transgressions in past. you need to prove to us that you have taken the steps to remedy them. until you have done that, you cannot participate in our bond auctions. it is about 10% of fee revenue generation for these banks in europe. it is hard to see how they can replace that as a source and it really has the potential to shake up the lead table for who has the most in terms of european bond auction bids here. manny: that gravy train hasn't run out yet. there will be a few more bond issues to come. there is always a point of redemption. you get these moments to redeem yourself. annmarie. the risk that the guy that wrote the report after a year of anti- climatic fomc's, it is a -- annmarie: the risk is what if we have a 2013 taper tantrum? isn't that the biggest risk to the market now? you were a bond trader. manny: yes. back in the 1990's. they didn't flag everything and tell you. there is a rate hike. the bond market implodes and then you get rates hikes through that era. they coul

today, you see apple gain by all of the names in the supply chain coming after a note from barclays thenalyst. the analyst says names leveraged to apple are positioned for beats and raises into earnings, and likely to outperform into the fall. this is something that is kind of unique we have seen with the supply chain benefits as well. this is something to watch into the summer and into the fall. let's zoom out. value has really been the key outperfomer to date. growth is starting to catch up. for the last day of the year tomorrow, it is worth knowing that the growth stocks is only one percentage point from that value outperformance on the year to date basis. really crucial to talk about that growth may be alive and thriving. emily: kriti gupta, i know you will keep tracking that for us. monday, a victory for facebook, seeking to break up the company. it was a huge blow to efforts by antitrust efforts to take on the biggest tech platforms. the victory should could be short-lived as the ftc reviews its options. one being to revive the complaint if the agency can prove the social network

data from barclays showing 30% of their shares have shrunk.rop more pronounced in dollar terms is. driving this may be the general direction of the market. haidi: this story continues with the start. gamestop has announced it is hiring to former amazon executives. shares sinking after hours after the company announced their plan to sell shares. what do these changes tell us about where the company wants to be? >> one of the new board members of gamestop, his vision was to compete with amazon to dive in to the new digital age. being in amazon veteran is clearly a step in that direction . we don't know what that vision is which makes it challenging for a wall street investor to price the stock on fundamentals when you don't know what that future vision is. that really puts a lot of the onus on the retail trade. shery: i think only half of the analysts that were tracking the story before are tracking that now. >> there's no secret there is a lot of speculation about what's actually going on behind the trades. is it just the retail traders using r

and perhaps the press asking, you know, why did live carry on after the woke up the barclay in 2014. and perhaps it would have made a lot more sense for him to stand down then sort of have 3 more years of kind of misery. as we've told the next 900 flick his contact stuff, all 1st big shoes to fill. yeah, big used a fellow of course, but he will know what's involved. he was author assistant to. yeah. so he knows the responsibility. he also knows a lot of the players bear in mind. he was the by him unit coach and other by munich players in the school. so he will have that nucleus to work with the achieved a lot of success with them, of course, winning the treble. what's also promising is germany did when the euro and the 20 ones, 20 minutes. so there are some young players coming to see they need to transition in the senior team. so some things to be positive about while there's hope at least live, what did he say? anything about what his immediate future will look like, make up this card 7, chrysler chest. in that press conference, he said he's not even have time to plan a holiday yet

there's just money everywhere, whether you look at the -- the records for the reverse repos, but barclaystest since 2007, high used some of the tightest spreads since 2018 there's a lot of sugar out there, kelly back to you. >> rick, thank you very much >>> with the subpoena near record highs, we want to get a pulse of where investors are putting their money, experienced. tiger 21 is an investment network that brings together the sophisticated investors. in the latest quarterly survey of the 900-plus members, real estate was the top investment, as it has been for quite some time, 27%. public equities close behind it, 25%. currencies only up 1%. we'll explore that with michael sonnenfeld, founder of tiger 21. let's talk about the growth in public equities. that means common stocks, basically, which are now a greater percentage of these folks' portfolios even than private equity why is that? is that because they have bought more stock, or because the stock they own has gone up in value? >> i think -- i think we have two major themes you have just touched on them, the crypto blockchain area,

dollar investment grade etf, the high-yield version, as well as the bloomberg barclays high-yield etfe funds in which the federal reserve has invested, and this week the fed has started selling off its etf shares, so whether they figure into the flows, who knows. but it is certainly a possibility when you consider that in one fund, $2.4 billion. then you see the ishares msci eurozone exchange traded fund, where you had $1.4 billion inflow this week. a lot of that coming in advance of the decision by the european central bank to persist with its bond buying program. put it altogether, you're talking about an amount of money that is roughly 16% of the total amount of assets that the fund had as of yesterday. then you see where the money has been flowing in. to some extent it is the s&p funds, and it is also the msci eurozone fund, too. guy: interesting note to leave it on. thank you very much, indeed. bloomberg's dave wilson updating us in terms of the flows in and out of etf's. those have such a huge influence at the moment. let's talk a little bit about the g7 and try to relate it bac

alleges apex along with 30 other brokerage trading firms and or clearing firms including robinhood, barclaysa coordinated conspiracy in violation of anti-trust laws to prevent retail customers from operating and trading freely. now, to stop losing money on short sale positions that is what it read. we're not lawyers. i don't want to speculate on this case at all. i just want to say, to me it is impressive. the reddit community, how they unearth things like this, a filing, innocuous filing, page 186. why do the pros keep underestimating your intelligence and how committed you are to this? >> i think these pros that the people who quote, unquote, are smart money, don't understand that the retail investor is not stupid. these average person out there can put together a lot of different resources due diligence, crutch numbers, whatever it may be to find out really cool things. this is news, but not new news. these are things we uncovered over the last six months as individual retail investors doing research on the stock. here is a fact. this is something brought me to believe it could be happeni

banks but bank -- i'm looking at barclays, deutsche bank, a brazilian bank bank of america. jpmorgan those are all the different types of exposure that i've seen if anything stands out right now in the month of june, the amount of option paper that we have seen in wells fargo has just been absolutely off the charts it seems like almost a daily basis -- matter of fact in the last week and a half or so, buyers of 10,000 of last week's expiring calls they turned out nicely two different separate times a week and a half ago where we have the june 25 expiring calls being bought but then it stretches even further. last week 15,000 in the august 45s. 17,000 in the july 46s so it gives you sort of the sense of where the big option paper has been flowing and it's been coming back into the banks very rapidly on this pullback i, of course, am trying to position myself as much as possible possibly into that type of thing and whether or not the buybacks or dividends kevin o'leary really does lean towards the dividends because ofof a lot of different reasons it's very bullish for the bank

are now going to be joining the battle against covid with a mobile vaccination site right outside barclaysr. [ laughter ] >> jimmy: right now jay-z is like, "thank god i sold my piece of the nets. [ laughter ] he looks like a guy who sits courtside and can't get any high-fives from the players. you know that guy? [ laughter ] he got the classic basketball fan outfit, hat, jersey and a blue button down over the jersey [ laughter ] i don't think i've ever seen anyone wear that in my life. [ laughter ] ever you don't think there would be someone in the office go like, "ah, you can put the jersey over the shirt maybe yeah, you know what, put the shirt over the jersey. [ laughter ] steve: that's first thing you do - you okay >> jimmy: that's the fashion version of an air ball you know [ laughter ] rob lowe looked more natural at the nfc championship and he was just - [ laughter ] cause he's rooting for football there. [ laughter ] speaking of vaccination sites, later this week a strip club in las vegas will be offering the covid vaccine. [ laughter ] all right, now we're up to two poles you sho

this is what the playoffs are about. 16,000 packing barclays center in new york. k.d. hitting the game time bucket sending it to overtime of one second left. look at the crowd go while. mom goes wild. the first overtime in a game seven since '06. not enough gas in the tank. durant driving to take the lead but brook lopez with the block of his life. on the other end, khris middleton, ice. the game winner. look at the reaction in milwaukee. bucks win. they play the winner the hawks/sixers game seven today nlt i got emotional a little bit out there. the team really, really tried their best. and just gomming to new york, game seven, you know, and everybody's anxious, nervous, you know. and to be able to execute, it was big time. >> wild ending in stanley cup semifinals. closing seconds, islanders up one. tampa bay's ryan mcdonagh spinning no look shot. ryan pullock comes from nowhere for the game-tying goal that surely would have forced overtime. islanders win 3-2, ending the series at two apiece. torrey pines, louie usc hazan. shot of the day. eagle putt from 52 feet

rates but that doesn't mean zero percent interest rates and i think the fed needs to address that barclays is out today that the market is no longer pricing out of control inflation that's reflected by the s&p and the fact that the bond yields are doing what they are. steve weiss. >> i think powell will say we are discussing tapering this meeting. 25% chance they actually discuss taper. i am not that far off from you. >> yeah. >> here's what i find troubling about your comments. powell has -- after a misstep early on in his tenure has been very, very adept at messaging to the markets. to think that he's going to blow that credible or that the fed overall, the fomc, all the governors are going to blow that credibility in this meeting, when you do see inflation sub subsiding, in stocks like caterpillar, del, coming off of their highs as well as the commodities. it has to start somewhere. i don't think they are going blow their credibility which they have taken so many time staking steps to ensure. i don't see it happening why do you think that that's what they will do? >> don't forget, the 1

michael gapen of barclays seeing the opposite. it really highlights the discrepancy would continue to see. you do want input. you tweak it slightly, you get a broad range of outcomes on this report. tom: i do want to mention christine lagarde and jerome powell at a summit with the bank of international settlements. very important summit trying to link climate change into the future of central banks. as we speak, the leader of russia speaking at the st. petersburg international i comic forum. many -- international comic forum. many at bloombergtechtv -- international economic forum. many at bloomberg have attended this before. mr. putin speaking on things european this morning. we are going to digress to a data check right now. euro weaker, but much more on where we are in the equity markets. tom: -- romaine: s&p futures up about 0.1 percent. nasdaq futures up as well. really not doing much of anywhere. this is pretty much where we have been camped out around the 4200 level for the past six weeks. a similar story with regards to fi

by august -- october 4th, 1852, they arrived at barclays fort. and she said they were resting for the entire day for the sake of the mules. henry bought corn for them which they needed after their hard toil and the poor food of the withered grass that they had subsisted on. but they were proud that so far they had not lost a single animal on their drove. from here, they left the santa fe trail and continued down to mexico. when they arrived at the custom house, henry's business with the custom house at el paso took six days and it took so long because he had to translate the detailed invoice of his large stock into spanish and the customer house officers took advantage of everything possible in settling the amount of the duty, according to remember. he is also said that some goods were prohibited and that she had all the nice things that her mother and grandma had made for her packed in her two trunks. when she arrived, she found that most of the things had been denounced as contraband and she was certain that it had furnished the authorities wit

abc's zachary kiesch is at barclays center in brooklyn where it was quite a night.hit, good morning to you as well. what a game last night. tough loss for the hometown team. if you're just a fan of the game, it was certainly one heck of a show. first time a game seven has gone to overtime in 15 years. in the end, the road team, milwaukee bucks, they marched in brooklyn and knocked out a team that many thought could go all the way. instead they're out and milwaukee advances to the eastern conference finals. overnight, it was a matchup that lived up to the billing and went down to the wire. >> durant on the drive! >> reporter: two of the nba's best battling back and forth. in a pivotal game seven. milwaukee came out strong and hit big buckets leaving the brooklyn nets in new york. >> the job is not done. we got to keep believing in ourselves. we got to keep playing good basketball. >> reporter: injuries have been the story around the league this yore with kyrie irving out with an ankle injury, and james harden nursing a hamstring. it was apparent from the jump a brook

steve weiss, before we do final trades, fedex reports tomorrow price target gets raised today 375 at barclaysabout fedex specifically >> yeah. specifically, you know, my only concern is -- and it's very, very short term -- is that all the firms seem to have come out and raised their price chart, so their expectations are high. however i think they will meet and exceed the expectations. continue to be an extremely tight freight market with prices rising i like it. >> year-to-date, fedex is up 14.5%. one year, up 114%. so, it's been a nice run you have a final trade while i've got you, weiss? >> moderna the news from the cdc today is sort of insignificant. what they're citing is heart inflammation for adolescents it goes away even if add lents take it, it doesn't add to the story it's giving you a buying opportunity. take advantage of it >> the increased more cases, more than i think they thought moderna shares are down 6% i'm glad you addressed it. there are a number of people on twitter who wanted you to talk about that because you have recommended the stock. and it was in a stock summit from