waiting fed chair is bloomberg tv interview for more clues on policy direction. family prepay $1.1 billion of loans in its latest attempt to restore investor confidence. haslinda: asia trending upwards after posting its biggest today drop in four months. that's ahead as you said of the comments from powell. will he push back on the pivot set them markets why the expected at the end of the year. first time we are hearing since hot jobs data. hong kong up about 1%. we are tracking baidu surging a present on the back of plans to launch a bought similar to share gdp. thailand up 2/10 of 1%. in the fx space, we see the dollar easing somewhat after rising for three days, and that's lifting some asian currencies. bought up half a percent. renminbi up higher. in the aussie up 6/10 of 1% ahead of the rba decision 25 basis point is expected. the question is, how many more to go, could it be the loss and in the bond market we see yields pretty much trending upward spirit of course this is on the back of treasury yield surging. two-year yields ending today higher by 18 basis

it's the first time on bloomberg tv, thank you for joining me. stephen: i'm no guy johnson but i will do my best. alix: you can be guy, he is only super tall. it's an interesting day to have you, the yields are bit higher, it all comes down to the central banks. whether you are in the ecb or the fed. stephen: the ecb giving us an idea of the hawkish signals coming. telling us there is still a lot further to go when it comes to rate hikes and getting inflation under control and signaling that there are people on the council that want to go higher. alix: our question of the day is kim dollar, again? god, thank you so much. the idea was the weaker dollar. are we back to this? kriti: i think we pared back, i will start with the bull case. evan brown put it beautifully. we may be in a phase of many inflation. you might not see inflation go lower at the rate we hoped. a factor in higher commodity prices and the trade is easy. the rare cases what's happening over the atlantic. as things stand, if you are looking at the 25 basis point height, the ecb is

continuing on bloomberg tv, we talked to the ceo of caixabank. erg. ♪ anna: good morning, welcome to

coming up, amy will silverman, head of derivatives strategy, joining bloomberg tv. keeping you up-to-date with news from around the world, here is the first word. i'm ritika gupta. blood mayor zelenskyy made a surprise trip to london, where he spoke to british lawmakers and met with rishi sunak. dolinsky praised the u.k. for back in ukraine. later today he is going to paris to meet with the leaders of france and germany. the death toll from earthquakes in turkey and syria have risen to around 7 -- over 11,000. turkish president -- turkish president erdogan visited the disasters of today. turkey stock market has suspended trading. a selloff raised 35 billion dollars -- erased 35 billion dollars in value. trading will resume on february 15. global news 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in more than 120 countries. i'm ritika gupta. this is bloomberg. guy? guy: thank you very much. let's talk about the impact of those quakes. a turkey economy and government reporter joining us now from an kara. thank

this is for bloomberg subscribers only. check it out on tv go.hery: softbank group adrs fell the most in two months after the company reported further ceo losses. th ceoe. how bad were the earnings? also the optics of not having the ceo there in the call? >> well, it was a different softbank that we saw yesterday with the loss of their -- it reported its fourth quarter of losses. the losses were smaller due to some bottoming out and some of the visions fun traded stock. the ridesharing company like gra b. the tone was different. the optics, it's not good to have the man who is makin gall the d -- making all the decisions not there. at the same time, the tone was one to reassure creditors. the cfo is a former banker. his language was very cautious. there were no geese with golden aches dancing, for instance. he talked about how softbank would stay in defensive mode. he said that there was ample cash to turn offensive in the future. we got a taste of that yesterday. haidi: what did we hear in terms of the plans for vision fund three? >> so, we had

coming up the goldman sachs global head of activism and defense joining bloomberg tv, this is bloomberg you up with newsom around the world. the secretary of state is considering a meeting with china's top diplomat at the munich security conference later this week. it would be the first face-to-face talks of the chinese balloon lead to a new spike in tensions. the trip had been set last week after the u.s. identified an alleged chinese spy balloon hovering over u.s. airspace. a day after the trip was canceled the government shut -- shot down the balloon. the former south carolina governor and donald trump some base or to the united nations is running for president. >> republicans of lost the popular vote in seven out of the last eight presidential elections. that has to change. when you hit back it hurts them more if you're wearing heels. i'm nikki haley in the running for president. >> she's the first of multiple republicans expected to make white house bids gooding ron desantis. donald trump announced he was running again months ago. former vice president pence set to challenge a subp

news coming from meta stick with us here on bloomberg tv. ♪ ed: shares of dynatrace jumped after the posted better-than-expected financial results but crucially guidance. it provides software which helps company monitor their computing systems and identify performance issues with a focus on ai solutions. joining us now ceo of dynatrace. a biggest jump since march 2020. you give strong guidance which in this market is important. was this about pricing that you were able to win? advantage over petition? tell us about the ability to drive strong guidance. guest: it really is about the market for digital transformation overall been observability for our market which is around $50 billion space specifically. if you put those two elements together, you have a huge array of customers that are moving their workloads to the cloud. as that happens, they need software that delivers answers and intelligent automation from data that enables them to have the situational awareness to run their software environments. ed: i'm curious about competition and whether you are winning share or displacing e

ritika: coming up, jp morgan global market strategist joining bloomberg tv at 2:00 p.m. s the first word. in turkey, three survivors were pulled from the rubble today. more than 100 hours after they were trapped by killer earthquakes. rescuers worked for more than three days. the death toll has now climbed over 22,000. china is accusing the u.s. of exaggerating the dispute over the balloon that was shot down over the coast of south carolina. the biden administration says it was conducting surveillance and has offered evidence to back that up. china's prime minister said the bloomberg for civilian use. the u.k. avoided a recession by the narrowest of margins. gross domestic product was unchanged in the first quarter following a decline in the previous three months. cost-of-living prices hit the british economy in december. president biden will host his brazilian counterpart at the white house today. it is a show of support for brazilian democracy which was shaken last month by a right wing insurrection. meeting comes six weeks after his inauguration. his predecessor bolson

coming up, managing director joining bloomberg tv. this is bloomberg.ow are bloomberg television audience and radio listeners. thank you for being with us because we are joined now by bloomberg's ceo and of course, bloomberg's emily chang. emily? emily: thank you so much for joining us as always. another strong quarter. shares are up more than 40% so far this year. delivery, driver supply has recovered. but there is a big but here -how does all of this key up in a downturn? >> while there has been a downturn in terms of companies being more conservative, the consumer is staying strong. consumer spend continues to be strong and also we are benefiting from a shift of consumers spending from retail, buying stuff for in the home, to actually spend on services. going out to restaurants, traveling. uber is absolutely benefiting from that. that is why you've seen the mobility business growing at record rates into record levels and delivery continuing to be strong as well. as long as the consumers stay strong, i think uber will continue to add on top of that nu

. >> bloomberg tv has special coverage marking one year of the war in ukraine coming up at 5 p.m.iday. 8 p.m. if you are watching out of sydney. vonnie: defense officials say the u.s. is increasing its small contingent of troops that train local forces in taiwan. the wall street journal is reporting the u.s. presence would grow on the island to more than 200 people. it is likely to further strain tensions with china. the white house is narrowing it search for the next vice chair of the federal reserve. the process is underway to replace one who became joe biden stuck economic advisor this year -- top economic advisor this week. this reopening should be a liquidity boost for market that is struggling to recover after last year's crisis. new criminal charges against sam bankman-fried have been revealed. prosecutors allege he and two co-conspirators illegally sought to influence cryptocurrency regulation by donating millions of dollars to democrats and republicans. he pleaded not guilty to earlier fraud charges and faces trial in october. a los angeles judge has sentenced harvey wein

heather boucher joins bloomberg tv at noon, new york time. this is bloomberg.ng you up-to-date with news from around the world. with the first word, i'm lisa mateo. a chinese surveillance balloon was detected over missile sites in montana in the biden administration has postpone antony blinken's trip to beijing. china says the balloon was conducting climate research and entered u.s. airspace due to forces beyond his control. for the first time in three years, the border between hong kong and mainland china will completely reopen. it will revive the city's role into the business gateway into the country. daily quotas and covert requirements will be dropped. they will also allow unvaccinated travelers to enter the city. the u.s. will send the ukraine a botched attempt rocket as part of the latest military package. it's made by boeing and sweden saw. it will take about nine months for the first deliveries once the air force issues the contract. global news 24 hours a day, on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in more

. >> and michael from bloomberg tv and radio. i like to pick up on what you're just saying about a substantial downturn with the full weight of the tightening not with the reprogress against inflation the is still a lot of talk about very, very slow growth going forwardro in 2023. the recession indicators are all suggesting that we are going to see recession this year. i am wondering if you have changed your view or have a more nuanced view of what you think a danger to economic growth is going forward? and whether you are very close to perhaps tipping it into the wrong place which cultural or street on your part. >> my own assessment would be growth will continue for positive growth will continue but at a subdued pace as we did last year. with gdp growth of 1% last year. also final sales growth is a better indicator of about 1%. most forecasts and certainly my assessment would be at a fairly subdued level this year. there are other factors that need to be considered. you will have seen the global picture is improving a bit. and

bp cfo spoke about the results on bloomberg tv. >> if you look at the levers in 2022 it was all the thingsre driving. also towards the year-end there was commodities. there is depending on what you see these drives. if you look at how in particular the market and europe the ecb is basically ending the deal. that market, the demand for products will probably step up. we anticipate there to be a solid demand this year. >> joining us now the vice president for european financial institutions at dbrs morningstar. where did we -- what did we learn. >> what we've seen is actually record results in 2022. i think this is due to a strong fourth-quarter. if we look at it last year, we were a bit down but the underlying profit is up and it's a continuation so far in 2022. strong revenue growth in all business divisions. a key driver for profits and in some cases outperforming some peers. so in terms of currency or fixed income those will observe strong growth. with rising interest rates starting to boost revenues but also a surprise where we expected more pressure. also to mention our specialized fin

fed chair jay powell speaks exclusively later today with bloomberg tv host david rubenstein. s, 24 hours a day, on air, and on bloomberg quicktake. powered by more than 2700 journalists and analysts in more than 120 countries. tom: thank you very much indeed. francine: last year's south africa power outages spiked to record levels, it has put eskom in focus as the state utility company struggles to maintain the national grid and buckles under growing debt. we are joined by bloomberg's africa correspondent, you did this great interview with the outgoing ceo, what did he lay out as priorities for the company? >> it was great that we were able to speak to him, especially considering a lot of the challenges the company is facing, and will continue to face. a lot of things are expected to be troubling for the country on the 100th day of power cuts, but take a listen to some of his reaction to how investors are reacting to the current situation. >> i look at three things, you need time. you need money, and you need skills. in your introduction, you referenced significant outstanding

cfos of ing, and dws join us, plus, the ceos of shall, do not miss those interviews right here on bloomberg tv. let's check in with the data. a major day in terms of what we heard from fed chair. the ripples across these markets risk on. that mood continues even after the fed chair forecast another potentially two interest-rate hikes, stepping down from 50 basis points to 25. it was a forceful pushback. what sounded like a more optimistic fed chair in terms of the battle against inflation markets across asia are going to 0.6%. uterus in europe by 0.7%. -- yields in europe. you saw double digit moves in those yields yesterday on the back of that commentary from jay powell. risk on bonds being bid, money flowing in, equities gaining. that's now move to the details. a massive day for central banks. rick tv on valerie tytel is on hand. none other than daybreak anchor, is cap -- taking a brief break. slowing the pace of tightening, raising u.s. rates by 25 basis points. central bank acknowledge progress on inflation but warned of a couple more hikes on the cards. pushback to markets. he was asked o

manus: the goldman sachs chief economist speaking to bloomberg tv about his thoughts on rates and wherehey are heading. three more clips of 25 basis points. my next guest is with me. that's mild compared with larry summers, he reckons they have to hit the brakes hard. what is your worst-case scenario? put your money where your mouth is, what is your worst-case scenario for u.s. rates? >> i think if we are talking worst-case scenarios, or talking sticky inflation, a fed that has to probably do another 50 to 75 now and finds itself in trouble after the summer into than has to do another 50 to 100 basis points. that would be my worst-case scenario, not base case. i have to stress that. if inflation turns out sticky, that will be a problem. manus: you are neutral on risk-taking. what does it get you to crank up the dial? >> i think we have to get more clarity on that point. we've seen inflation come down, we had more disinflation than expected but january with the revisions on top of the actual print show that perhaps we were not quite as far along as we hoped for. that was an important mar

: that was agustin carstens from the bank of international settlements speaking exclusively to bloomberg tvad of this week's the 20 meeting of finance ministers. we will be bringing you plenty of coverage of that. jane fraser was the only ceo of a major u.s. bank to receive a rising compensation last year. in her first year on the job, the citi head saw a 4.9% pay rise, taking her total up to $24.5 million. where does that leave her? let's join charlie wells who has been following that story and others. tell us more about the thinking but then -- thinking behind jane fraser's pay bump. charlie: a lot of other ceo's at major banks have seen their paygo down, and citi's board said they liked her progress. this was her first full year on the job. she has been trying to turn the bank around. it is the search for more study revenue streams from things like was management and treasury services and cutting some till operations around the globe. it seems the board is happy with her performance. anna: another story coming out of the professional services space is around mckinsey, planning to elimina

at 2:30 p.m., the richmond fed president will be speaking on bloomberg tv. and the dallas fed president take part in a moderated discussion at 4:00 p.m. u.k. time. they are tonight, new york fed president john williams gives a keynote speech at an event hosted by the new york bankers association. coming up, all eyes will be on the u.s. inflation print out later today. we will get analysis, market reaction, how investors are positioning plus, kazuo ueda gets the nod to lead to the bank of japan. what is it mean for policymaking? we will get insights later in the show. this is bloomberg. ♪ i know the markets have gone up and down, but you're right on track to reach your goals. my ameriprise advisor helps me feel confident about my financial future. he knows me and my goals. it's not the first uncertain environment he's helped me navigate. probably won't be the last. but with his advice, i know i'm on track. the plan we created can withstand uncertainty. no wonder clients rate us 4.9 out of 5 in overall satisfaction. because advice worth listening to is advice

stick with us here on bloomberg tv.in a minute. ♪ ed: shares of dynatrace jumped after the company posted better-than-expected the financial results but crucially, also guidance. dynatrace provide software which helps companies monitor their computing systems and identify performance issues with a keen focus on ai solutions. ai worse it is. we are joined now with rick mcconnell, ceo of dynatrace. biggest jump for the share since march of 2020. you give guidance which is important. was this about pricing that you are able to win? was it about advantage over competition in terms of what you are offering? talk to what is driving the ability to give strong guidance? rick: thanks for having me. it's about the market or digital transformation overall in observability in our market which is around $50 billion phase, specifically. if you put those two elements together, you have a huge array of customers that are moving their workloads to the cloud. as that happens, they need software that delivers answers and intelligent autom

the most likely outcome, but i would say there's a chance of it >> reporter: michael mcgee from bloomberg tv and radio i would like to pick up on a substantial downturn and ask, with the full weight of your tightening not in place yet, and with the progress against inflation, there's still a lot of talk about very, very slow growth going forward in 2023, and the recession indicators are all suggesting that we are going to see recession this year i'm wondering if you have changed your view or have a nor nuanced view of what you think the danger to economic growth is going forward and whether you're close to perhaps tipping it into the wrong place, which calls for more rerestaurant on your part. >> i think most forecasts, and my own assessment, would be that positive growth will continue, but at a subdued pace, as it did last year. we hadgdp growth of 1% last year, and also final sales growth, which we think is a better indicator of about 1% most forecasts, and certainly my assessment will be that growth will continue at a fairly subdued level this year. there are other factors, though, that n

the most likely outcome, but i would say there's a chance of it >> reporter: michael mcgee from bloomberg tv and radio i would like to pick up on a substantial downturn and ask, with the full weight of your tightening not in place yet, and with the progress against inflation, there's still a lot of talk about very, very slow growth going forward in 2023, and the recession indicators are all suggesting that we are going to see recession this year i'm wondering if you have changed your view or have a nor nuanced view of what you think the danger to economic growt

bloomberg tv for putting together the video face-off between senator warnock and congresswoman mays. jack, my wonderful colleagues at the ap about the women pioneers from the past, present and future. landmark media productions for producing the lifetime achievement award video. thank you to the lawmakers and vice president kamala harris for their contribution to our cookbook, which you have a copy of. i want to personally think by employers, past and present. for being so supportive of me and my last eight years on this board. the armed forces, guard and to the brass quintet. a thank you to kaylee and her colleagues at the waldorf. and a special thank each of the board members of the press club foundation. on top of your very busy day jobs, every member took the time to help with this dinner and with so many other initiatives, the board takes off to promote our mission. can i have the board members of the press give a little weight so we know who you are? last but not least, a deep thank you to susanna, the executive director of the foundation who is a wizard, problem solver and doe

shery: the ceo speaking earlier to bloomberg tv. nto bloomberg radio to hear more from today's big newsmakers and get analysis from the daybreak team. broadcasting live from our studio in hong kong. lots more ahead. this is bloomberg. ♪ introducing the new sleep number climate360 smart bed. only smart bed in the world that actively cools, warms, and effortlessly responds to both of you. our smart sleepers get 28 minutes more restful sleep per night. proven quality sleep. only from sleep number. haidi: mercedes-benz has enlisted google to assist with a reboot of features that will generate $10 billion in extra revenue this decade. the ceo told us more about the need for carmakers to find partners in silicon valley. >> we've always been here in the valley, working with innovative tech partners. we thought it was a fitting place to actually describe what the future of software and the corresponding hardware look like in mercedes. >> i want to start by asking you, how high does software rank as a priority for mercedes in all of the thing

jay powell speaks exclusively to bloomberg tv's david rubenstein. the u.s.un recovering parts from a chinese balloon shot down off the coast of south carolina. officials say the balloon and its sensors are lying in 15 meters of water scattered over 11 kilometers. one concern is whether the equipment contains hazardous materials. officials are still -- still trying to figure out how much beijing new. dachshund's family have prepaid borrowings backed by stock. the group says the payment will help release almost 12 million shares in adani transmission. adani is seeking to restore confidence after a short seller attack wiped out $118 billion in market value and forced the flagship to scrap said -- share sale. india's parliament opposition seeks to highlight ties between narendra modi and adani. the main opposition congress party staged protests at the state bank of india to spotlight the risks to millions of small investors. adani has often aligned business plans with the prime minister's growth strategy. global news powered by more than 2700 journalists and ana

in mind it has been one year since the war in ukraine and we do have special coverage here on bloomberg tvfriday if you're watching out of hong kong in different times depending on where you are the world. let's get over to vonnie quinn. she is in new york and has a first word headlines. >> defense official said the u.s. is increasing a small contingent of troops that train local forces in taiwan. the wall street journal reported the u.s. military presence on the island will grow to as many as 200 people from 30 a year ago. it is likely to further strain relations with china already tense over the war in ukraine, and the recent u.s. at downing of an alleged chinese spy balloon. the london metal exchange will reopen nickel trading during asian trading hours on march 20. asia trading was suspended since march of last year when the lme canceled a billion-dollar transaction as it was hit by that short squeeze. the reopening should be an important liquidity boost for a market that has struggled to recover after last year's crisis. new criminal charges against sam bankman-freid have been unseale

the top of the hour on bloomberg tv. from new york, this is bloomberg. ♪ ♪♪ what will you do?our dell technologies advisors can provide you with the tools and expertise you need to bring out the innovator in you. >> bloomberg surveillance. preparation for -- among any the next hour. almost are 17 and then we had a non-disinflation. it was a transitory move from 18 point out to 20.88. it has been an abruptness. lisa: i really am wondering about this shift we sell this week and how much really is going to have lasting power whether the data continues to confirm this and whether stock stocks are truly reflective will. the stocks right now more than noise. jonathan: you segued to that nicely here. seth carpenter global chief economist at morgan stanley i looked at one of the beauty contest out there he is sandwiched between daily of san francisco. i know i'm going to get the niceties from you hear but let us begin in the derby to replace brainerd and the vice chairman to our audience with the vice chairman actually does. >> when i was there on staff it was really important positio

. >> michael mcgee from bloomberg tv and radio. i'd like to pick up on what you said about the downturn in essence be, the full weight of your tightening not beating inflation yet and with the progress against inflation there's a lot of talk about slow growth going forward in 2023 and the recessions indicators are all suggesting that we are going to see recession this year so i'm wondering if you change your view or you have a more nuanced view if you think it's a danger to economic growth going forward and whether you're very close to perhaps taking it into the wrong place which calls for more constraints on your part . >> i think most forecasts and my own assessment would be thatgrowth will continue , positive growth will continue a subdued pace as it did last year. we have the growth of one percent last year also and final sales growth which is a better indicator of that one percent. most forecasts certainly my assessment would be that growth will continue to fairly subdued level this year. there are other factors though that ne

it's for bloomberg subscribers only. check it out at tv . check it out. this is bloomberg.st time your sales reached 100k was also the first time you hit this note... ( screams in joy) save 20% with the lowest transaction fees and keep more of what you make. with a partner that always puts you first. godaddy. tools and support for every small business first. 92% still active? seems high. seriously? it's just a bike. wait. they make a treadmill with an intuitive speed knob? yeah. want to try? 92% stick with it, so can you. start a 30-day home trial today. terms apply. the u.s. held talks this month with three key asian partners on the global semiconductor supply chain. the details from our east asia government editor john herskovitz. grouping is now being called chip four. the u.s., south korea, japan, and taiwan. how significant was the meeting? jon: the biden administration for months has been trying to get help in. to secure the supply lines for semiconductors. here you have three major chip manufacturers in the asian region with japan, south korea, and taiwan that are ke

this is for bloomberg's of scrubbers only at tv . mberg. ♪ the first time you connected your website and your store was also the first time you realized... we can do anything. cheesecake cookies? [together] the chookie! manage all your sales from one place with a partner that always puts you first. godaddy. tools and support for every small business first. shery: here's a quick check of the latest business headlines. the world's biggest dealmaker is seeking closer ties with australian iron ore miner according to a press release following a meeting between the company's friday. baowu's chairman says they are looking to benefit from trade relations between china and australia. a malaysian minister suggested rare earths could keep units in the country so long as ways is shipped out. the australian company recently had its operating license renewed but failed to get approval for unit which malaysian officials say generates radioactive waste. in a tweet, the science minister signaled the unit could continue if the waste is taken away. sm e

also part of the conversation, sending us instant message for bloomberg subscribers only. check it out at tv bloomberg. ♪ the first time you connected your website and your store was also the first time you realized... we can do anything. cheesecake cookies? [together] the chookie! manage all your sales from one place with a partner that always puts you first. godaddy. tools and support for every small business first. shery: today marks the deadline for major funds to disclose their equity. su keenan has been looking into the findings for clues on trading trends of wall street. it's that time of the year and we know it george soros and his family office have been doing. su: they were buying against the trend as people were dumping tech and crypto related stocks. soros was picking up on it but taking in very interesting short positions. famously known for shorting the british pound years ago. any kind of bet against something that's unusual attention in this one is interesting, because it was against silver gate capital. bloomberg reported they are under scrutiny and according to sources faci

check -- bloomberg subscribers only. check it out. tv . is bloomberg. ♪ haidi: one of the stocks we are watching very keenly here in sydney is the big goldmine in newcrest mining receiving the takeover proposal from a u.s.-based group, a potential deal that values the mine at almost $17 billion. shares are 10% higher in the first hour or so of trading, the equivalent of $27.16 aussie dollars a share. the board is considering the proposal. shareholders would receive 0.8 new shares for each new crest share. this is another attempt of a bid . the earlier one had been rejected. shery: bloomberg sources are saying that retinal directors have agreed to a landmark deal to rebalance the carmaker's troubled two-decade alliance with nissan. let's bring in our reporter in tokyo. this has been a very challenged relationship. how will this help in moving the alliance forward? reed: this afternoon there will be a vote by nissan's board to approve the deal. this brings to parity the equity the relationship. retinal's 43% -- renaul t's share will go to th

tv function. you can dive into the securities rtv functions we talk about. you can become part of the conversation. send us messages during the shows. this is for bloombergat tv . this is bloomberg. ♪ conventional thinking delivers conventional results. at allspring, we break away with purpose. harnessing data-driven insights and boundless curiosity. we dissect the market from every angle. helping to build portfolios that redefine what's possible. because investing isn't one size fits all. allspring. purposefully divergent. vonnie: a quick check of the latest business headlines. they are paying $380 million to top executives if restructuring succeeds. the incentive is for 500 managers, the second straight years they are incentivizing top staff to lessen the pain of annual bones cuts. jp morgan cuts mortgage workers this week. it is tied to lower industry volume that included managers. the mortgage origination volumes slumped 60% last year as rate hikes called -- culled a pandemic era boom. >> the pandemic reopening is having an unfortunate -- more from bloomberg's chief china markets correspondent. is this a temporary squeeze? what is happening to li

this is "bloomberg surveillance, live on tv and radio. alongside tom keene, i'm jonathan ferro. features positive 5.4%. 4.83 on the two-year. flow came at 4.03. an 80 basis point in under a month. tom: for the 401(k) and the equity market that ignores bonds, we are now at a gigantic stage. it sets us up for emerge of his street. there was the headline of the german 10 year yield back to 2011. i am looking at what the pros at, which is the vanilla spread in record white in version. jonathan: have to deal of the silence of waiting for payrolls and more information and the cpi print. three weeks of losses on the s&p 500. the year today as year-to-date gain we celebrated in the past has been cut in half -- the year-to-date gain we celebrated in the past has to be cut off. tom: the vectors, the key thing is do they continue into march? dollar with a little strength. the 10 year yield, or percent, what does that signal to the housing vector, jobs? i am looking at the 10 years. jonathan: equity futures elevated by .4%. three weeks of losses on the s&p 500, the longest losing streak of

this is "bloomberg surveillance" on tv and radio. alongside tom keene and lisa abramowicz, i am jonathan ferro. what have we got set up for you? cpi for tomorrow, and tom, onto retail sales. >> you click on the consumer here. i think there is a whole thing going on, a whole debate over the weekend that inflation will be higher. that was the theme of the week. inflation will be higher and you absolutely nailed it when you said we are behind on the consumer, and that is how we get the retail sales. >> did you see that come through this morning? the new scenario plays up her growth takes off after an aborted landing and our base case is a non-hard landing. tom: no landing. there is a huge battle. i feel like i'm in the super bowl here. jonathan: patrick mahomes is injured and then he is not. lisa: i can tell what you did last night. tom: there's a struggle going on and it was in every note. lisa: no longer is the top concern a global recession. do we start to see more headline risk with the onset of ufos? jonathan: wasn't that bizarre o

this is "bloomberg surveillance" on tv and radio. equity futures down one third of 1% on the s&p.tally unchanged on the s&p even in the face of higher bond yields. tom: a lot of not looking at the market this morning. we have to look at the morning as we go 90 minutes to retail. -87 basis points. we have gotten third of the way to 100 basis point about two cups of coffee. jonathan: he just said forget haifa longer. they need to get higher. deutsche bank agreed. their estimate, 560. lisa: you saw this across-the-board the board yesterday with fed funds rate repricing. the tension is, is this time different? can you get a no landing with an inverted yield curve? can you get a soft landing or no landing with the fed that has to do that much more without us understand the consequences? this is the question at a time when people are heralding that economic data like it's a green light to going to risk. jonathan: do you believe in longer variable x? tom: we have got to get the retail clock up. it will be a long and variable lag. that's the data dependency. i believe there is an inflatio

jonathan: from new york city this morning, good morning, we are back, this is bloomberg surveillance on tv and radio. futures are positive again, what a rally post fed and the whole of the news conference yesterday. tom: it was history making yesterday. there it was, up we go and up we go again, thank you mr. zuckerberg and we go into a huge news flow. have you go from that to what we observed yesterday? jonathan: powell will have to confront the data, that's the word at citigroup. i go one step further, there is a ton of research that people think the fed has done that. they think it's a pause in march. lisa: 50 basis points of rate cuts are being priced into the market by the end of this year so not only is it done but it's also preparing for the easing cycle. did jay powell give enough to support this? how much of this is short covering? on the other hand, the move is undeniable and eases financial conditions further. jonathan: did he make a mistake? will he have to walk it back? he talks with david rubenstein next tuesday. did he mean it? market watch asked the second to last question

this is bloomberg surveillance on tv and radio.if you are not confused, you are not paying it tension, that was julian emanuel, who joins us of evercore. futures up .5% on the s&p 500. trying to bounce. tom: trying to bounce, nasdaq 100 up .12%. vix comes in at 21.86, but trying is the right equity energy right now. jonathan: keeping one eye on the bond market, maybe two. lisa: it is not just nominal yields but the 10 year real yields hitting the highest level of the year going back to early january. at what point how we got the full reset and stocks that we are feeling and bonds? have we priced in the full piece of rate hiking, even with recent weakness? jonathan: i do not want to leave you waiting, julian, permission to speak to you. the s&p 500 up .5%. 3.93 on the u.s. 10 year, and a record high on core. lisa: revised upward after the figures they got in. we get u.s. initial jobless claims and the second read of the fourth quarter gdp in the united states. initial jobless claims expected to come in near historic lows. where is t

good morning this is bloomberg surveillance on tv and radio. equity futures up to tenths of 1%. cpi just around the corner. tom: i really want to make this clear and i'm going to go to david rosenberg. rosenberg used to put down page three or page four of his must read, all the partitions of cpi, they summed the numbers they were going to talk about but the adults, at 8:30 before ken rogoff they are going to look at the partitions to try to talk about the vector of the topline number. jonathan: last week was the worst week of the year on the s&p 500. then we took it all back. lisa: there is a melt up kind of feel and even the fund manager survey that just came out so speed are more neutral or less overly attached but are more overweight than they are historically. a lot of people still by what this market is selling. tom: to me there is a negative sentiment out there. there seems to be, not a froth but not a toxic brew. there is just an of optimism. jonathan: if you read michael harness, it's no longer the u.s. dollar that's been replaced long investment grade credit. tom: the s

this is bloomberg surveillance live on tv and radio. equity futures negative this morning by .8%. going into payrolls later this morning. tom: tech earnings, job report coming up, as well. you are looking at layoffs, rightsizing and rationalization. the word i use is clumsy, what we saw yesterday. it was story to story. the number one story i saw was, could tim go to washington and solve everything? lisa: [laughter] tom: yeah, apple is off today. he is not laying off anybody. he is the anti-big tech right now. jonathan: comparing moves today in the premarket compared to the moves in the close yesterday. apple was up 3.7% yesterday. etta was up 23 percent. alphabet was up 7%. when you look at the price action this morning, compare it to yesterday and we are like yes -- he -- this. unchanged. lisa: meta-are still up on the year, still doing well. the key question, is this the beginning? you talk about layoffs heading into the job -- ? i think that was one of the conclusions i drew. tom: or the bipolarity of the two companies. this alternate universe of four or five companies and eve

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>> this is bloomberg surveillance with john mccain, jonathan ferro -- tom keene, jonathan ferro and lisa abramowicz. jon: good morning for our audience worldwide on tvillance. equity futures unchanged on the s&p. we close. -- week lows. tom: i am going to suggest a lot going on. a yield curve lift. a signal of a change i would suggest very few people modeled in. this is unexpected. jon: the whole yield curve shifted higher by 10 basis points across the hold of the curve. the question we have been asking over the last couple of weeks is whether february confirms that. a sneak peek a little bit earlier yesterday. s&p global. it can confirm what we saw in january trade lisa: -- saw in january. lisa: climbed above the contractionary level of 50 for the first time going back nine months. we are in expansionary territory for services and a report that came out this morning was interesting. people taking money out of some of their basic goods items and putting it into flying around and staying in hotels trade -- staying in hotels. tom: work from home has changed all these service sector things we talked about. people are traveling because we are not modeli

tv. you got it. he is the host of the new bloomberg series, "getting warmer with kal penn." >> part of the reason i'mtching. >> it's great. we'll get to that, your new show in a moment, because it's actually important to the future of the planet and stuff. but let's talk about 2024. so you were there in the trenches in the obama white house. >> yeah. >> what do you make of these numbers? it even has independents more in trump's camp than biden's kpcam. >> polls will always fluctuate. it's so far from the 2024 election. what's exciting for folks like me and others, biden is the most progressive president we've had. this climate bill, for example, that took decades of advocacy for a lot of young people, especially a lot of young people who aren't necessarily young anymore. one of the great challenges, young people are the only demographic that don't stay with their demographic over a lifetime. obviously, you age out. so any of the advocacy you do when you're 18 or 22, that comes to fruition when you're in your 30s, you don't necessarily feel that joy and that ownership, but that's exactly what's happen

bloomberg surveillance with tom keene, jonathan ferro and lisa abramowicz. jonathan: chairman powell volume two coming up, live from new york city this morning, good morning for our audience worldwide on tv and radio, this is bloomberg surveillance. futures are unchanged on the s&p 500. will we get any change from the chairman later today? tom: you say futures unchanged and equity markets are there but the bond market is not unchanged. it's a two day follow-through to all the fed and central-bank drama we have seen. the real yield is what i am focused on. we are not up to resistance to a higher real yield but we are getting there quickly. jonathan: at goldman sachs, the probability of recession drops to 25% a say -- and they say the near term risk has dropped notably. you are seeing house after house either push out or reduce risk of a recession and certain banks are saying we've been looking for a pause but maybe not so much anymore. lisa: what will the fed do and how will jay powell respond to a labor market report that came in hotter than expected. they have expectations of a higher rate so does he give support to that? will he say all things being equal, this could be a higher termin

tv products, content, to other streaming players. they have been putting all of their energy into services like disney+. that has been a costly strategy for them. that bloombergeport talking about a possible new avenue ahead for disney, which we will watch. kriti: interesting how the disney story and i would rug -- would argue netflix the way this is transforming is this and film in terms of the business model. let's bring it back to the trade of the day, the jobs report. u.s. labor secretary marty walsh talked about the massive upside surprise earlier today. [video clip] >> i looked at my economist and said, you're way off today. it was a great report. you look at areas of -- that i think are important, business group, health care, education group. the areas that you would know better than i would as concerns for the economy -- i will take this jobs report any day of the week. jon: let's stay on this story of the jobs surprise. joining us now, joe davis. you heard marty walsh saying what is up to his economist team. heard you did a double take yourself as you look at the print today. joe: certainly. i think this would be exhibit a of upside surprise. i think

tv function. you can dive into any securities of bloomberg functions we talk about and become part of the conversationuring our shows. check it out. ♪ shery: we will hear from the biggest players in the region that aviation festival. first, the add-on a group brings the roadshow to hong kong, seeking to reinsure -- reassure investors there's plenty of cash. this is bloomberg. ♪ >> executives from adani preparing to meet investors in hong kong. the group is on a roadshow to try to reenter -- reassure investors it can meet obligations. what is on the agenda? what has been the messaging? annabelle: it is a three-day roadshow taking place. we had single -- singapore was the kick off. it continues tuesday and wednesday in hong kong, in a building i am in now. the barclays offices will be hosting. they are inviting other banks like deutsche's, bnp paribas and others. they will be holding smaller investor meetings over the course of the day with an investor luncheon in between. the message so far, what we have heard, this is an event to reassure investors it has enough cash to honor its debt obligations that

tv . you cannot dive into these or any other bloomberg functions that we talk about.loomberg. ♪ shery: data on price pressures in japan when it comes to producer prices, a year and your gain of 5.5%, which is slower than what analysts expected -- 9.5%. it is in easing from november when inflation presses were above 10%. month-on-month, flat. no price acceleration. we are watching those inflation numbers from japan closely. the factory gate number, acceleration of 9.5% year on year for january. the world's largest zinc smelter in korea is betting on ev batteries and clean energy to help decarbonize a business. the push includes a joint venture between its affiliate. the chairman spoke extensively with bloombergs stephen engle. >> i think kimco in and of itself will need to make a significant investment in the near future in order to secure its position in the battery industry and to actually improve its position which i think is necessary, especially given the fluctuations in risk and the uncertainties that are just laden in this market, right? in that process, it's no

tv channel reported their barium also because of the natural disaster. in turkey , the work of the ceyhan oil terminal was suspended, through which raw materials are mainly shipped to european refineries according to bloomberg in january. more than a million barrels per day were exported through it, which is 1% of world supplies. at the agency. links to sources are also provided. the port will resume operations in the near future. in fact, the hands are likely to be small on the restoration of this terminal and on the restoration of exports to turkey from iraqi kurdistan, and the reaction in oil price quotes is rather impulsive. yes, in the moment. uh, supply is expected to decrease as prices rise. well, long term nonetheless perspective. we also expect a move into the 90-100 range for the brand by the end of this quarter. let me remind you that the main blow fell on the south-east of turkey, this is one of the hubs of regional trade. some gas pipelines and highways are also located there, some of them, according to the authorities, are also damaged . there are damages on power lines. as far as natural gas is concerned. we have problems at six different hubs , they continue to have the necessary equipment d