this is bloomberg tv. ♪ xfinity mobile runs on america's most reliable 5g network, but for up to halfrice of verizon so you have more money for more stuff. this phone? fewer groceries. this phone? more groceries! this phone? fewer concert tickets. this phone? more concert tickets. and not just for my shows. switch to xfinity mobile for half the price of verizon. new and existing customers get amazing value with our everyday pricing. switch today. mark: welcome to the bnn and bloomberg audiences. i am mark crumpton. in moscow, they have slashed interest rates. germany has signaled it would not oppose an embargo on russian oil. last night, russian missiles killed journalists in their home just as -- was visiting the ukrainian capital. odesa was also hit. the battle for donbas remains the russian focus. and advances have been slow in the face of ukrainian resistance. there' is virtuals meeting between president biden and -- to discuss the efforts to stem the flow of migrants to the southern u.s. border. this is ahead of the administration's plane to let title 42 expire. the order allowed

kriti: meanwhile, on bloomberg tv and bloomberg radio, brian dietz joins balance of power with david bloomberg television and bloomberg radio. that conversation is coming up. this is bloomberg. ♪ >> from the world of politics to the world of business, this is "balance of power" with david westin. david: from bloomberg's world headquarters in new york to our tv and radio audiences worldwide, welcome to "balance of power." we will start today with a check on the markets. joining us is abigail doolittle. everything is down today, stocks are down, bonds are down, oil is down. abigail: we had the everything rally, now we have the everything selloff. the s&p down 1%, the nasdaq at one point down about 2%. oil down 3.6%. the big one is bonds. the selloff is incredible. the 10 year yield at 2.77, up another seven basis points. the two euro yield, which had been selling off, they are now rallying. that

jonathan: live from new york city for our audience world wide, good morning, this is bloomberg surveillance on tv and radio. futures are down 4./10 of 1% and a big move on the bond market on the three year yield. tom: it's moving in the central banks are speaking and i believe we locked in 50 beats. the sterling in london with the french election, christine lagarde has a bigger challenge. jonathan: the date it in the u.k. of consumer confidence is at a new low and retail sales are softer. inflation starts to hurt the consumer and the consumer starts to feel bad and then it shapes what the consumer does. when you start to hike into weakness, the currency falls, it does not rally. tom: this is a friday where we are trying to slip into the weekend. i've got sterling under $1.29. that is a well statistic. jonathan: a one point 2% move this morning. lisa: it has accentuated the concern saying even if rates go up at the bank of england as much as people expect, it's not going to cause the currency to strengthen because we are talking about hiking into a slow down. this is really the dilemma that centra

tune into bloomberg tv online and tv. this is bloomberg.ction reach the pinnacle of enterprise as ceo of the american food and drinks after 12 years. >> i had a loyal people who followed me because they became better leaders, better executives, better people. >> she has been made one of the most powerful people on the planet, and she brings a unique insight into the challenges of equality.

coming up, the chipotle ceo joins bloomberg tv. this is bloomberg. keeping -- angel: keeping you up to date with the news it from around the world, here's the first word. norway talking about normalizing life around the coronavirus with hong kong and mainland china and the bottom when it comes to the covid ranking for april. in the uae it is declared the pandemic is being handled last, the u.s. falling six spots to 23 and the u.k. to number 12 due to the number of fatalities. the chinese president calling for an all-out effort to boost infrastructure construction. the strategy may prove less effective this time around because of lockdowns being used to get the coronavirus under control. a new report said that brexit related trade barriers have led to a 6% increase in british food prices with inflation on things like pork, tomatoes, and jam was more pronounced than for things like tuna that come from other nations according to the london school of economics. global news 24 hours per day on air and on quicktake, powered by 2700 journalists and analysts

jonathan: live from new york city, this is "bloomberg surveillance" on tv and radio.e s&p, on the nasdaq, going into an important day for the likes of alphabet and microsoft, reporting after the close. with some economic data in america, here's mike mckee. michael: general goods orders for the month rise zero -- durable goods orders for the month rise 0.8%, not bad. ex-transportation, up 1.1%. it looks like the overall transportation numbers were down a little bit, but that is heavily influenced by boeing. capital goods orders, nondefense ex-aircraft, up 1%. breaks a string of negative months. last month, down -0.2%. it is double what was expected. the analysts thought we would get a 0.5% increase. the fed is trying to gauge consumer demand, and this is an early indicator of where we might be with that. you noticed yesterday whirlpool in their earnings came out and said consumer demand is waning even though people are still buying more appliances than they did before the pandemic began. i just want to to check that here. consumer new orders for appliances and componen

we will have it all on bloomberg tv and bloomberg radio.tocks at session highs and the dollar at the highest in 20 years. with jon erlichman, i am kriti gupta. mark: here is the first word. i'm mark crumpton. cities across china are rolling out swift measures from mass testing to lockdowns for a mere handful of coronavirus cases trying to keep flareups at bay and avoid the hardships endured by shanghai. china's lockdown is inhibiting global supply chain progress. >> the headwinds that have came up are obviously the pandemic and the pandemic effect in china. shanghai has been locked down for almost 50 days now. the longer that goes on the harder it cuts into the supply chain. mark: china's swift action to contain the virus reflects the growing stakes local governments face in wrestling with the highly infectious omicron steering. --strain. today biden and congress provide 33 dollars of economic and humanitarian aid to ukraine, giving the

we have an election special, it begins on the here on bloomberg tv. at 7:00 to 8:00 p.m..is 10:00 to buy time. -- dubai time. but out saying they are going to take a 4 billion swedish kroner hit because of russia. that translates to just under $400 million. they say they have a total asset of $9 billion exposed to russia. i could beat materialized over the according -- coming year. our 12 month target on -- you are going to see more of these european companies beginning to deliver contacts around the russian exposure. dani: i wouldn't be surprised to see more like volvo, where they're trying to emphasize the small amount of their sales, in 2021, 3 percent of net sales were to russia. let's get to work other first word news with juliette saly in singapore. juliet: eu member states have agreed to and pull shipments from russia. the u.s. and u.k. also barred most russian trucks and ships from entering the eu. congress voted overwhelmingly to strip russia of its trade status, putting in the same category as prize states such as north korea and cuba. poole has announced acquisi

equity strategy will be joining bloomberg tv. s bloomberg. ♪ >> keeping you up-to-date with news, your is the first word. russia's foreign minister warrants there is a danger of nuclear conflict. he told russian tv the risk cannot be underestimated. he said that peace talks with ukraine would continue, although many in russia believe the ukrainian position is set by the u.s. and other western countries. the biden administration wants to widen access to a therapy pill. tens of thousands of pharmacies this week will be able to order the pill and the administration will launch more sites where people can get pills in one stop. it must be taken within five days of the onset of symptoms. and gary gensler has an idea aimed at increasing transparency. he wants to slash the amount of time that traders have to report bond transactions from 15 minutes to one minute. he says that the system has failed to keep up with technology. global news, 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analy

coming up, major food cofounder joins bloomberg tv at 2:30 new york. this is bloomberg.ou up-to-date with the news from around the world, here is the first word. the central bank in russia cut interest rates more than forecasted and indicated borrowing costs may fall even lower. the bank of russia lowered its benchmark rate from 17% to 14%. policymakers also warn the country may face a two-year recession in the wake of the invasion of ukraine and sanctions. officials in china are defending the covid euro strategy as still the best way to fight the pandemic. they say the current outbreak is coming under control. cases in shanghai showing signs of turning around. the lockdowns have been criticized for heavy social and economic costs. global news, 24 hours a day, on air and on "bloomberg quicktake," powered by more than 2700 journalists and analysts in over 120 countries. i am angel felicity on -- kailey? ♪ kailey: just a few more hours to go in this trading week. happy friday. next week, one of big event the markets will be watching, the federal reserve meeting and decisio

. ♪ >> nancy tengler joins bloomberg tv 3:30 new york time. this is bloomberg.on musk has been selling billions of tesla shares. apparently to help his purchase of twitter. filings indicated he has uploaded a $.5 billion of stock this week. joining us is alex webb of bloomberg quicktake. we came into the week, how is he going to pay for it? we know some answers. do we know all of the answers? alex: he needs to find $21 billion to fund his portion of it. he has announced, filings have shown he will sell $8.5 billion. yesterday, he tweeted he was not to sell any more stock. now, there is more stock is selling. does that mean there are more filings yet to come out that may indicate more? it is confusing with elon. kailey: on the non-tesla stock options he has, where are we in terms of a private equity player coming in? alex: sorry, can you repeat that? kailey: a private equity firm for example? alex: we don't have a private equity firm yet. we have banks. he needs to fund $21 billion. kyiv financing for the rest -- he has financing for the rest. if you are a tesla

when you look at your challenges -- challengers, we had one on bloomberg tv, they say it is credible ambitious tonight -- enough. they want exiting of key markets , looking at an m&a deal. are there things you would change in your plan? >> our plan is very ambitious. when you look at our target of earning per share growth, it is the most ambitious of the industry. at the same time, it is very credible, we have said how we are going to achieve these targets. we are not going to change her plan. it is a good plan of the best possible plan for generali. our investors understand this. we are not going to change it. i'm not going to recommend the plan which seems to be changing every day. it seems investors find it difficult to -- francine: do you think you will win this? is it a 50-50 chance? do you think your chances are much higher? >> i'm not focused on that. and focused, together with my team of generali, we are focused on implementing this plan, since the first day of the year. we know it is a ambitious plan, the conditions are ever-changing, if we are not fully focused on the execu

us thanks to bharrat jagdeo the republic of guyana, vice president for spending time with us on bloomberg tvooking at a live shot of the house of parliament investment the u.k. we are still waiting for boris johnson to speak to lawmakers he is set to apologize today in front of parliament. he was fine by the police during the lockdown in the so-called party gate scandal. he was the first sitting prime minister to have broke then law he is set to apologize. we're waiting for him to arrive and we will bring those statements to you when he arises. >> i say it again, every case is determined case-by-case. ♪ kailey: u.s. stocks are extending gains even in the face of higher yields. riddle me that one. what is going on? >> not just a 10 year yield tackles 30 year yield, too. that's really the concern here when you see the 30-year yield in today hit as high as 3%, the 10 year yield is not far behind. that's going to be a key concern in the way of inflation. what does this do to u.s. demand for house something right now, not really an issue when it comes to housing but in the long term, something to

thank you for joining us on bloomberg tv. ourinchas, imf chief economist speaking to us on global growth. we'll talk about that more shortly this is bloomberg. ♪ >> a look at some of the biggest business stories now. blackstone is increasing the student housing. there is relatively little new construction going on. and new u.s. home construction rose unexpectedly last month to the highest level since 2006 under residential stocks were up .3 in march to an annualized rate they wouldn't number was boosted by multi-family construction. and a new study finds that bosses are anxious to get their step back into the office, the rules don't apply to themselves. non-executive employees are in the office five days a week but only 19% of executives can say the same. and that is your latest business flash. >> thank you. you are looking shortly at a live shot at the house of commons where boris johnson is expected to speak in the next hour. patel is speaking. it's the first time that he will be making his appearance before parliament since

coming up hershey's ceo joins bloomberg tv. this is bloomberg. up-to-date with the news around the world, here is the first word. in germany, lawmakers are urging the government to quickly supply ukraine with heavy weapons and other equipment. emotion and parliament thursday night called for an end to imports of russian oil. olaf scholz has faced criticism to do more to help ukraine. moderna has asked u.n. regulators for a mark -- u.s. regulators for emergency authorization for its covid vaccine for kids under six months to under six years. a successful trial shows that two doses generate antibodies. there is no vaccine approved for those under five. chris paul is the future nba hall of famer and also a businessman and investor looking for smart ideas and advice on business. leadership and growth. he is bringing that search to bloomberg quicktake and his new show "how i got here." this year he visits an entertainment studio to hear about the climb from young comic start to media mogul. he said how he rule up on the and vp and built his multimilli

i want to welcome in our bloomberg tv and radio audiences worldwide.nce has issued an international arrest warrant for former renault ceo carlos ghosn. others are sought for helping him siphon millions from the automaker. ghosn joins us now. also joining us is matt miller, who will participate in the conversation. thank you for your time. i want to get your reaction on the timing of this considering there is a french presidential election in just days. carlos: surprising. that is the only way that i could describe that. kailey: do you think this was politically motivated? carlos: i don't want to speculate about that but the timing is surprising, and particularly the way it was done usually when you have an arrest warrant the first person to be alerted is the person like me if there is an arrest warrant, i was expecting the prosecutor who announced it to me or my lawyers. we learned about the arrest warrant through an article in an american newspaper, which was rather surprising. matt: to me, the surprising timing issue is the renault move to sell share

of other tail risks, what is it that concerns you most that we are not talking enough about on bloomberg tv i think it is slightly more mundane within that. we are moving into a world which we understand but don't think about too hard. where the gross inflation trade-off is not going to be as attractive. in the end, we have spent so long in the whatever it takes world where we have no underlying inflationary pressures. when we have a problem, we have to slow the economy. as soon as we see some regrowth, we can absolutely start easing monetary policy really aggressively. it's not the tightening cycle that bothers me in this one. what kind of -- kind of easing cycle can you have when you have persistent inflationary pressures for a while because we don't have the forces pushing the other way that we've had for the last 20 years. to me, that's more bothersome. the fed is trying to do the right thing. the difficulty can be the longer-term one. will we have slower growth but can't really ease monetary policy aggressively? dani: it's a very mask -- macro risk. i'm wondering if you are struck by a

welcome back to the program on bloomberg tv.opean trading picture this is what we have as we edge towards the close. a mixed picture. the london market flat. real gains being made in paris. frankfurt doing well. another one of those down there in italy. a mixed picture geographically. we'll come to the sector break down shortly. that will explain a little bit of what is going on here. luxury names certainly part of the story. the french market helping to lift things. this is how the session has played out. we have seen the stocks make gains towards the start of the day. hold on to some of those but lose ground as we see trading in the united states kick in. in terms of where we are on other assets. that's something we need to keep an eye on. the relationship between stocks and bonds crucial for investors at this point. also the expectations around central banks crew -- crucial. it they have been moved the bond market anti-currencyerly yer. and the currency earlier. 108.55 is where we trade on the eurodollar. the latest voice to

she provided political commentary across multiple tv networks including nbc news, bloomberg tv, cnn and msnbc. our next esteemed guest is todd miller. who is an author, journalist and rights for the post. rights posts for the border chronicle. if you haven't checked it out you should go to google it and find it. it's great border recording. he has researched and written for border issues for more than 15 years. the last as an independent utjournalist and writer. he resides here in tucson but has spent many years living and working in a hong kong mexico. his work has appeared in the new york times, tom's dispatch, the nation, san francisco chronicle c, where nika and al jazeera english among other places. todd miller is the author of four books including the one hewill discuss today , build bridges not walls. a journey to a world without borders. empire ofborders, the extension of theus border around the world . storming the wall , climate change, migration and homeland security and border patrol nation, dispatches from the front lines of homeland security. he's also a contributing edito

. ♪ guy: welcome to our bloomberg tv audience and radio listeners.oining us from kansas city , missouri is policy corresponded mike mckee. standing by with fed president esther george. over to you. mike: thank you for joining us today. nice to be able to do an interview in person. esther: nice to see you. mike: you called for the fed to be measured and cautious in its policy moves. does that mean you would be against larger moves for the time being? would you dissent against 50 basis points on march 4? esther: the way i think about removing accommodations is we have two instruments, short-term policy rates and a very large balance sheet affecting the amount of accommodation in the economy. it will take thinking about both of those things, i think, as we come to the main meeting to decide what is the appropriate pace, the appropriate amount of policy decision? mike: there are a lot of people on wall street who say the fed is behind the curve and you have got to go 50 because you're going to lose control of inflation if you don't. esther: we know this

jonathan: scott kirby, about 9:40 eastern time on bloomberg tv. tom: let's get to it right now.ve got a lot of news going on. annmarie hordern in washington, maria tadeo in brussels. i am absolutely confused right now. this battle down in the black sea, the distance from mariupol to odessa is tangible. maybe odessa is next. but is mariupol captured or not? conflicting reports this morning. emily: very much --maria: very much, and it really depends who you ask. right now russian television is showing pictures of russian troops talking to people of mariupol. you could argue a lot of this is staged, but nonetheless, those are the pictures that get shown in russia, and which they say you have nothing to worry about, the russian federation is here and you have been liberated. that is the spin russia will put on this, to show that they have taken mariupol. when you speak to ukrainian officials, they tell you for as long as that steel plant holds, there's ukrainian soldiers on the ground, this will be ukraine , and we have not surrendered and we have not given up the city. what really

on new york from tv and radio, this is bloomberg.nd work in the same neighborhood as you. we're always working to keep you connected to what you love. and now, we're working to bring you the next generation of wifi. it's ultra-fast. faster than a gig. supersonic wifi. only from xfinity. it can power hundreds of devices with three times the bandwidth. so your growing wifi needs will be met. supersonic wifi only from us... xfinity. >> i am really worried about what we will see in terms of the economy and the second half of the year as rates go up. >> i think we have to look and see where real yields are heading. >> when you see yields new what they have done so far this year, this has been the worst year in history statistically. >> the longer part of the curve looks appropriate. i think we could expect a fred to move up the short end. >> the fed is clearly in uncharted territory. >> this is bloomberg surveillance with tankan, jonathan ferro, and lisa abramowicz. jon: i'm jonathan ferro, equities bouncing back by more than 1%. the earn

bloomberg. get more from this interview on tv .e in for japan ahead every week to hear from leading names in japanese business. as his custom, we are getting the latest covid figures out of shanghai. the city reporting 52 covid deaths from monday, 16,980 local covid-19 cases. this as concerns swirl over uncertainty about the status of beijing and whether they could be left -- next in line. we heard earlier the largest city in inner mongolia has locked down after reporting two covid cases. shery: we continue to see covid cases and more restrictions, now seeing the chinese yuan we can, not to mention more policy moves to stop that. in the next hour, market opens in sydney, seoul and tokyo. we will get you the latest. this is bloomberg. ♪ this is xfinity rewards. our way of saying thanks, with rewards for the whole family! from epic trips... to the original jurassic park... on us. join over 3 million members and start enjoying rewards like these, and so much more in the xfinity app! and check out jurassic world: dominion, in theaters

this is bloomberg. ♪ jonathan: live from new york city on tv and radio, this is bloomberg surveillancetures are softer on the s&p 500. we have a euro that stronger by a half of 1%. tom: a little bit of a lift in the euro this morning and a time of huge disruption in the uncertainties we face into the month of may. jon will address the ecb and i will introduce philip lane. there is no wetland at the fed with the inaugural chief, must in germany. this is considered a key position in global economics. i want to go back to a paper you did from trinity to harvard years ago. you did a paper on economics and the scientists and engineering of it all. do we throw the textbooks out now? can modern engineering work given this moment? >> i'm familiar with that paper that i can't take credit for it. the basic question is still very relevant. it's a lend of respecting the signs of the textbook and we live in the real world where we have to understand the actual data arriving and come up with policies that work in the real world, not just in the textbook version. jonathan: let's talk about the real w

. >> joining us now, washington correspondent for bloomberg tv and radio, ann marie, good to see youin this morning. you had specifically highlighted that sound bite we had heard from president biden about madeline albright's impact on nato and nato tested today with russia's invasion of ukraine. give us a sense as to how nato stands today. >> i think the president was right when he said nato was galvanized and good morning, i think over the past 48 hours, we have seen that front and center. the secretary of defense lloyd austin hosting nato members and other countries as well, 40 countries and their defense secretaries at a u.s. air base in germany talking about a coordinated response, and also saying that they want to make these meetings more regular as they deal with the crisis in ukraine, and then just a few hours ago, at the nato headquarters in brussels, you had stoltenberg, the secretary general, coming out and saying that $8 billion so far from nato countries has been given in terms of weapon supplies to ukraine. this is a massive amount of money. and now they're talking abou

this is bloomberg. ♪ jon: good morning on tv and radio, this is bloomberg surveillance and here's your action. futures are positive on the s&p 500 by 1.4%. on the nasdaq 100, up by almost twofold -- to full percentage points. the team at bloomberg suggesting a third of that move is from one single name. let's get to that name now. it is facebook. facebook user growth, growth, yes it is back, a little bit anyway. the stock is a ball a lot more because it was down a whole lot of the year so far. up 17% in two yesterday, down by more than 40%. amazon and apple still to come, those two names, 20% of the nasdaq 100. they report after the close. let's finish on this, an embarrassing moment for the japanese policymaker, make sense of this for me. on the same to the bank of japan is coming out and pledging, doubling down and pledging to come in and bind unlimited amount of japanese government bonds, the cap on the 10 year yield at 0.2 5%, the ministry of finance, according to a source speaking to us, they are extremely concerned about the move in the fx market. the n up 1.4 percent. the action

jonathan: from new york city for our audience worldwide, good morning, this is bloomberg surveillance live on tv and radio. 2/10 of 1% in the eu is considering another step. tom: it's april bozo and we will talk to maria in a moment stop this is a series of steps in this proposal just released but everything else as well. what's important to me is very in nardelli's article would bloomberg is they may ban trucks and ships from russia. to me, that's a bigger deal. jonathan: there is a proposal to ban coal, not gas and crude. tom: that's true and we so that in hungary with the stunning election. all in all, it is the beginning of micro steps toward really tightening things up for mr. putin. jonathan: this is how we started the week. the deeply distressing images we all witnessed. lisa: if the only measure they can take, the 300 lien dollars that vladimir putin is getting for payments and more. how much will that be the juggernaut that could potentially turn the tide? there is a feeling of urgency in what vladimir putin is feeling in terms of pressure. jonathan: we got to talk about what's happenin

. >>> joining us now, washington correspondent from bloomberg tv and radio, ann marie, thanks for beingtions, and against russia in the wake of those atrocities that we saw in bufrp bucha, what have you heard, what may be coming, what impact may they have? >> from the united states, john, the strategy is really the same in terms of what they're going after and how they're targeting financial institutions and individuals. this is expanding the scope. so they now have full blocking sanctions on alpha bank and another bank and an energy carveout as in the past and going after individuals who are very close to individuals in the kremlin. sergei lavrov, his wife and daughter. and as well as a little bit more personal to president putin, list two adult daughters and we should note, jonathan, this can really get the attention of president putin, the kremlin has never even acknowledged these individuals' names, putin rarely speaks about them, and really has gone to great lengths over the course of his reign to try to hide them and protect their lives. so it is a lot of the same. and the last th

that is on bloomberg tv. we have other top stories we are watching in japan.nsidering selling part of the nissan stake which could raise billions of euros for electric vehicle shift. and we will have a conversation with -- regarding carlos ghosn straight ahead. and janet yellen discussing the yen swaying in their meeting. plenty more ahead. oomberg. ♪ shery: we are getting the latest covid numbers out of shanghai. 51 new local deaths on sunday. another record. the previous was 39. 19,455 new covid cases for sunday. shanghai has been under lockdown for the past five weeks and we continue seeing the outbreak, the worst since the onset of the pandemic. 51 new local covid deaths for sunday and shanghai. paul: we have been told reynaud is considered in -- is considering selling some nissan stock. carlos ghosn says such a move makes sense if the light alliance is in shambles with no collaboration since 2018. >> i told you two years ago that the alliance became a zombie because at the heart of the alliance is trust between nissan and mitsubishi and japanese authoriti

jonathan: live from new york city for our audience world wide, good morning, this is bloomberg surveillance on tv and radio. equity futures on the s&p are up 2/10 of 1%. tom: a big day for big tech. it's a big day and microsoft, we love to talk about apple and twitter and google. do we talk enough about microsoft? jonathan: and it's a heavy weight on that particular index. tom: no question about it with the cash filled up in the transfer from the original management to the new management stuff it's been a giant success story. they will separate the stable haves. jonathan: twitter will report earnings later this week. i wonder what those earnings actually look like whether that's a factor in accepting the offer from elon musk. tom: john kessler will be with us in a little bit. maybe the conference call will happen this afternoon. jonathan: we've got an agreement about price of $54 billion. can we close this transaction? lisa: shareholders have to sign off on this. you on musk will have the equity position but will he share it? he wants external investors, will he get them and how does he finance t

paul: coming up on bloomberg tv, the former u.s. weighs in on the covid zero policy and the state department orders governments to -- orders government workers to leave shanghai. we have the china open at the top of the hour. shery: market coverage continues. we will see if we have a rebound given the positive development when it comes to the approval of gaming titles. the open is next. stand by for bloomberg markets china open. this is bloomberg. ♪ at xfinity, we live and work in the same neighborhood as you. we're always working to keep you connected to what you love. and now, we're working to bring you the next generation of wifi. it's ultra-fast. faster than a gig. supersonic wifi. only from xfinity. it can power hundreds of devices with three times the bandwidth. so your growing wifi needs will be met. supersonic wifi only from us... xfinity. so many people are overweight now and asking themselves, "why can't i lose weight?" for most, the reason is insulin resistance, and they don't even know they have it. conventional starvati

. >> that was bill dudley earlier on bloomberg tv. let's get back to our question of the day.hat is the biggest threat to u.s. growth? joining us now from pittsburgh, there are a lot of factors at play here. you have cost pressures that companies are facing. which one is paramount in your view? >> all of them. >> fair enough. but if you had to pick one? >> i hate to try this out. i did a lot of math. it was aia. the markets are mathematical. in any kind of season, what you have to understand is market can reflect a handful of items. a lot goes into it it is shifting priorities. some days it is inflation, some days it is earnings. overall, it is over weeks and months, certainly years, all of it goes into it. >> when you put it all together, it is not just about the markets . where do you put the odds of recession? goldman sachs says -- >> i think the under of that and here is why. i am hopeful for the future. with the real answer, it is that i heard the bill dudley comments about a small labor pool. the fact of the matter is that companies are going to deploy technology in as m

shery: some guests on bloomberg tv.e a look at we continue to see that global bond ground right now, the tenure at the highest since 2017, the kiwi 10 year yield at the highest since 2016. already, we've seen in the new york session, the 10 year yield of treasuries, the 30 year yield as well rising to the highest since between 19. let's discuss what this means with stephen, managing director or -- portfolio manager for asia. it's good to have you with us because we see it yields rising. today, the yield curve in treasuries were steepening a little bit but we have seen several inversions already. what is all of his you? stephen: well, i think first of all at the interesting thing is the futures market are pricing in a rapid rate rise. and within the next 18 months, that hasn irmed by many of the fed speakers over the last few days. but after that developed in the next 18 months, it is followed by race cuts -- rate cuts. there has been a lot of volatility and a high degree of uncertainty. so the fed certainly has changed

jonathan: live from new york city for audience world wide, good morning, this is bloomberg surveillance live on tv and radio. futures are negative 7/10 on the s&p 500. tom: picking up the debris off the shocks we saw on apple and amazon in the way they were looking at 4:35 p.m. last night. with the recalibration and the tech earnings, recalibrating to get us into the early hearts of the summer and the number one word this morning is uncertainty. jonathan: that's for sure and those two names, amazon and apple read life into everything everyone is worried about -- breathed life into everything everyone is worried about. amazon this morning and early trading is still down almost 9%. tom: it's interesting to see what the sell side says. citigroup rim -- maintains optimism with rice ticket of -- with a price tag of 54. they are looking for a lift in the stock. they are saying this is a recalibration short-term with a maintain of all that optimism long-term. jonathan: that seems to be the consensus on wall street this morning. it's somewhat of a perfect storm. they believe that from here the news is cau

this is "bloomberg surveillance" on tv and radio. keene and lisa abramowicz, i'm jonathan ferro. futures bouncing up back 0.2% on the s&p. tom: a bit defensive over the last week. gloom is front and center. for the gloom crew, this is a must watch 30 minut

this is "bloomberg surveillance" on tv and radio. alongside tom keene and lisa abramowicz, i'm jonathan ferro. futures bouncing up back 0.2% on the s&p. tom: a bit defensive over the last week. gloom is front and center. for the gloom crew, this is a must watch 30 minutes because we are going to talk to people that are pushing against all of the gloom that is out there. jonathan: we will catch up with dan ives of wedbush on his big tech call as well. i think earnings season is taking on a new importance when we kick things off next week. tom: we are jumping into next week with the event of the show. scott brown, raymond james, adamant yesterday that it is not as bad of people think. he suggests the glass is half-full. jonathan: next week's cpi in america looking for something north of 8%. then we have the earnings season kicking off in the ecb decision in the mix as well. lisa: it is good news, bad news. i will get raked over the coals for this because optimism is wonderful to have. i will say that right now, earnings are really robu

this is bloomberg surveillance live on tv and radio.own. 10 year yields up nine basis points. tom: vicks spread of

jonathan: live from new york city for our audience worldwide, good morning, this is bloomberg surveillance on tv and radio. equity futures on the s&p 500 and the nasdaq are lower 1/3 of 1%, a massive move on the two-year yield. tom: i have to admit with everything going on, the best indicator of all the central bank chat is the yield and the yield dynamics. as you go into real you'll this afternoon from the celebration of positive statistics, a reversion in the real you'll act to -1.0 is positive. jonathan: conversations being dominated by more hawkish calls for a big move in made by chairman powell. it's a race to get to neutral in the debate remains open-ended stuff you get to neutral and then what? tom: lisa brought this up two or three days ago. do we have a clue what neutral is? i don't think we do given the growth supply shock and now to once-in-a-lifetime events, the pandemic in the war in ukraine. i don't think we can gauge where neutral is. jonathan: they think it has a to handle. lisa: they think they can get inflation under control and they will have to hike rates. we are talking abou

this is bloomberg surveillance on tv and radio alongside tom keene and lisa abramowicz.erro. teachers are positive on the s&p. netflix stock is down by 27%. tom: it's not just down, it is the way it is down. they have not found

this is bloomberg surveillance on tv and radio alongside tom keene and lisa abramowicz. i am jonathan ferro. teachers are positive on the s&p. netflix stock is down by 27%. tom: it's not just down, it is the way it is down. they have not found a way to recalibrate. this is 27%, maybe 20%, moments ago to 252. that is a level -- this is a stocking cast. we can talk about it all our. we are not going to do that. boy, what a lesson be and what a structural shift for the industry. jonathan: nathanson asking the right question britt is a cheaper to step in. they argue, not yet. the price target is not far away. 25331. the previous price target was 350. previous close, 348. tom: as i sat with alex web and les sour, i'm going to go to what the others do that don't have the netflix power. what is paramount plus do this morning? jonathan: what is the pricing content now, that you have a big content buyers saying we don't see the growth. lisa: the death of content is king. it is all about buying the right content, and the skies your limit. have we seen a shift in that? i keep wonde

this is "bloomberg surveillance, on tv and radio." futures positive up .2%. pushing ahead to earnings season. tom: we really vaulted yesterday into next week. next week is packed. lisa and i will be in washington at the meetings of the international monetary fund. the ecb meeting is the thing to think about over the weekend. jonathan: ecp looking to be a big print. tom: is not the level, the magnitude, the duration, the magnitude of time each is gaining out of this high inflation. how do we know inflation is going to disappear? jonathan: the hope is that it peaks. and does it change anything for the trajectory of the federal reserve? lisa: wednesday will be the key day when jp morgan kicks off the season. can i pass on as robustly as they have to the consumer. jonathan: the banks are not responding to higher rates your the 10 year is up 30 basis points. the banks are lower. every day the banks index is weaker negative. lisa: this comes as the federal reserve says we need to slow lending and how else will we get inflation down? basically, they are not hoping f

this is "bloomberg surveillance" on tv and radio. futures on the s&p down 0.2%. today is burn your mask day. tom: this actually happened to me on a play a couple days away. i had to do this, take the martini -- jonathan: and then take the mask off. tom: and then take another sip. there's a lot of new stuff going on, -- serious stuff, including the war in ukraine, but this is "surveillance." you need to watch this morning. amesh adalja will join us and tell us what to do. jonathan: well, he will tell us about the science, because ultimately, we will do whatever we want. uber joins the club, the only place in new york city where i still have to wear a mask that ends today as well. the announced it on their website just moments ago. tom: and pandemic that's now migrating under 500 a day, which is constructive. i want to go to japanese yen. it matters. all sorts of people writing this today, carl weinberg really tearing apart the treasurers -- treacherous moment for the yen. this we bounce back to chairman powell. he cannot ignore a ¥1.28. jonathan: 13 days of weakne

this is "bloomberg surveillance" live on tv and radio. futures down about one half of 1% on the s&p. big bank earnings. tom: and the backdrop is fascinating. so much of this is the uncertainty for the american economy. this morning, everything is about the inflation watch that brian monahan and one has to gauge. jonathan: and guess what the banks have done -- nothing. b of a has had one positive trading day for the month so far. it has been tricky. tom: and so much of this is the macro view, the micro view. we learned in previous bank earnings is to gauge cutting expenses. you slow down in banking, in equity and fixed income, you start peeling back and slowing down? we do not have indication of that. maybe we get that this morning. jonathan: what is happening with the banks on wall street. the curve is steeper, not flatter. the gap between the 2's and tends are wider -- 10's are wider. lisa: i am always on yields watch, because you are seeing the confluence of higher inflation and slower growth that is not for the banks, even if you have

this is "bloomberg surveillance" on tv and radio.om keene and lisa abramowicz, i'm jonathan ferro. futures down 0.8% on the s&p. the situation in china shaking things up big time. tom: i think china really has a profound impact today, but there's also some real nervousness not t

this is "bloomberg surveillance" on tv and radio. alongside tom keene and lisa abramowicz, i'm jonathan ferro. futures positive by 1.4% on the s&p. after the close, amazon and apple. tom: we have been distracted this morning with a lot of macro babble. chris verrone with weekend -- with weak yen out to 150. i was wrong on facebook. they delivered in spades. i loved what dan ives of wedbush said. they get a pop this morning off the user growth and stability. jonathan: lost almost 50% so far coming into the earnings story, so certainly a pop up of pretty depressed expectations. speaking of growth, mcdonald's just out, sales for the first quarter plus 11.8%. tom: the key now, if you look at paragraph 42, it will mention a little bit of road trip there by mcdonald's, sales and all of that. it comes back down to if they can raise prices. it comes down to a number to value meal at mcdonald's, not that i would know anything about number two value meal. jonathan: i don't believe you actually do, but carry on. tom: i go to lunch on 3rd avenue

for our audience worldwide, heard on radio, seen on tv, this is bloomberg. ritika: keeping you up to date with news from around the world, with the first word, i'm ritika gupta. it could be one of the biggest internet acquisitions ever. bloomberg lynch twitter is in the final stretch of negotiations about a $43 billion sale to elon musk. an agreement could be reached as soon as today of negotiations go smoothly. musk met with twitter executives sunday. the company started warming up to a potential deal after a financing plan. secretary of state antony blinken and defense secretary lloyd austin met with ukraine's president volodymyr zelenskyy in kyiv late sunday night and promised more military aid. the u.s. also says it would start sending diplomats back to ukraine. in france, emmanuel macron has won another shot at convincing the public that his pro-business, pro-european vision can for them. he beat nationalist marine le pen with more than 58% of the vote. macron acknowledged much of his support came from people who don't support his ideas, but wanted to k

for our audience worldwide on tv and radio, good morning. this is bloomberg. ♪ >> keeping up to news -- up to date with news around the world. -- russia has made the capture of the area its main goal in the war. the attacks are taking place along the front more than 300 miles. -- says the central bank shouldn't rollout rate increases to fight inflation. he said the fed needs to move quickly to raise rates around 3.5 percent this year. he said talk of a u.s. recession is premature. most major u.s. allies are no longer requiring travelers and employees to wear masks on domestic and some international flights. a federal judge overturned a mandate for passengers to cover their faces. the airline industry has lobbied the biden administration to ease that rule. uber in the u.s.. johnson & johnson has cut its profit forecast. j&j is suspending its guidance for covid vaccine sales because of unclear demand and global supply surplus. bloomberg learned that apollo could provide elon musk or another bidder like private equity firm -- with equity or debt to support an of

this is "bloomberg surveillance" on tv and radio. alongside tom keene and lisa abramowicz, i'm jonathan ferro. futures down 0.8% on the s&p. the situation in china shaking things up big time. tom: i think china really has a profound impact today, but there's also some real nervousness not about the weather companies like coke moments ago, but lots of other companies on what they will deliver. this is a tape with a lot of nuance that needs to be followed tick by tick. jonathan: just how low is the bar for big tech? tom: i'm going to channel dan ives here. what a great value he has been to "surveillance." there's two worlds of tech out there. i strongly agree on that. you've got to parse each and every company. are they in the profit makers, the structurally sound makers, or are they not? jonathan: coca-cola out just moments ago. lisa: they just slammed expectations. earnings-per-share coming in at zero dollars 60 one cents versus the expectation of $0.58 -- at zero dollars 60 one cents versus the expectation of zero dollars -- at $0.6

jonathan: from new york city for our audience worldwide, good morning, this is bloomberg surveillance live on tv and radio. futures are up two/10 of 1% on the s&p 500. we are reflecting on the distressing images from the weekend. tom: truly heartbreaking and i think the ramifications now are there but far more importantly, the ramifications in the coming days are simply unknown. i would suggest this includes covid updating europe, it is maximum uncertainty. jonathan: is there a way the europeans can respond this week without losing credibility? tom: the credibility is there and part of that with maria taddeo in budapest will be coming up. i believe we will be in paris to cover this but far more importantly, the maximum uncertainty. there is more uncertainty now than there was on friday. jonathan: notes from j.p. morgan and deutsche bank. kailey: they were saying if germany's cut off from oil and gas from russia, that will be detrimental to the economy and they will enter a recession. they also said persistent high inflation underscores the difficulty that germany in particular has. europe talks