thank you so much for joining us on bloomberg tv. something in the air with this government that they are trying to change the way italian capitalism is made. i don't know if this is bad news for investors or are we in a wait and see mode? mario: investors all over the world, there is a likelihood they are concerned. -- to put it immediately on the line of the international markets, our allies in the u.s.. all that ranges from standing on your crane to discipline, mature discussion. which was previously viewed in a skepticism way. this is a phrase in the markets concerning italy. notice time to look at the financial budget for next year. it almost immediately comes up, the obvious. stick to budgetary figures, the other thing is to deliver them. since very little has been done in terms of eradicating the thousands of big public expenditures, now it is difficult to reconcile. francine: are you worried it will send the wrong message to investors or is this a clever way of giving something back without upsetting the norm? mario: this is

earlier, bloomberg tv reported that foreign investment in the zionist regime has decreased by 60% this year. the show alia ubaris will be staged in bagh kitab, or the drug directed by maryam shabani from 22 shahrivar for three nights from 17:00 at the bagh kitab theater campus. by women, it is about naseruddin shah. this show is organized with the efforts of the sacred art theater group and especially for women. tickets can be purchased at alia nabri through the web site of bagh kitab events, at the address of the event of kitab bagh, tanckcom . the weather organization is available today and tomorrow for the bar. north of the country it is predicted that the temperature will decrease. also, we will see rain in parts of the north of the country, and due to the intensity of the rains, the possibility of flooding of the roads is not far from expected. considering the influence of the currents of the north khanche on the parts of the northern belt of the country, we will see the temperature decrease during today and tomorrow. we are in the parts of the northern belt of the country where t

earlier, bloomberg tv reported that foreign investments in the zionist regime decreased by 60% this year . the french president said that only at the request of the president. niger has been deposed, we will leave this country. macron raised surveillance after niger's soldiers asked the french ambassador to leave the country . the deposed president of nigeria , mohamed bazum, was one of france's allies. also announced that france is preparing for a military attack on this country . according to the announcement of this council , france is deploying military forces in neighboring countries to attack this country. this is the country. millions of tons of waste from these mines have intensified anti-french sentiments in this african country. the transitional prime minister of gabon introduced the members of the transitional government's cabinet. introduced by the military he is in charge of the administration of the country in the transitional period. only three ministers of the former government, which was dissolved, are in charge of the new transitional government . the deposed president

put out a list of reasons for higher yields that i think got a lot of play at least you're on bloomberg tvthe u.s. sovereign downgrade. japan exiting yield curve control. fed qt. fewer dollars for china to recycle and the following exports environment. the u.s. budget deficit and the large stock of t-bills and treasuries. intention to increase option sizes. you add this to that list? or, do people actually buy treasuries pushing the yields lower when they are worried about the u.s. government? torsten: good question. because, we are sitting here literally the last trading day before the shutdown might arrive sunday. the market reaction, just in the last few hours, it does not seem to be there is too much worry about this having any negative impact on the economy. if you add the headline we just got from john williams where he basically said, quite different from what the fomc said at the last meeting, basically saying at a speech in long island, maybe we are at the peak in rates. remember, the fed said at the last meeting, we will need another hike this year. maybe, even the fed is getting

i'm sure the fed has bloomberg tv on nasa maybe we are having some effect on the decision due in 22 minuteseedman talking about the housing market. coming up, the fed decides special coverage of "bloomberg surveillance" jon ferro and tom keene. this is bloomberg. ♪ (jennifer) the reason why golo customers have such long term success is because we focus on real foods in the right balance so you get the results you want. when i tell people how easy it was for me to lose weight on golo, they don't believe me. they don't believe i can eat real food and lose this much weight. the release supplement makes losing weight easy. release sets you up for successful weight loss because it supports your blood sugar levels between meals so you aren't hungry or fatigued. after i started taking release, the weight just started falling off. since starting golo and taking release, i've gone from a size 12 to a 4. before golo, i was hungry all the time and constantly thinking about food. after taking release, that stopped.

monday a bloomberg tv interview with jamie dimon. tuesday sam bankman-fried's fraud trial begins.dnesday adp private payrolls. another round of job numbers thursday. friday the september jobs report could be delayed by a government shutdown. look at the estimates. from what we could get you are expected to see less headline jobs, fewer headline jobs added. the unemployment rate actually down a little bit. the jobs report may not be the only economic release affected by the shutdown. all these releases are vulnerable. all of them are very important especially thinking about cpi. you think about retail sales, etc.. again, we will see where we end up. and, what we are talking about this time next week. from new york, that does it for us. same time same place next week. this was bloomberg real yield and this is bloomberg. and this is bloomberg. ike changing tax rates or filing returns. avalarahhh ahhh i don't want you to move. i'm gonna miss you so much. you realize we'll have internet waiting for us at the new place, right? oh, we know. we just like making a scene. transferring your

. >> bloomberg tv guest reacting to the latest u.s. cpi data.est inflation reading should add to market anxiety. leading up to next week's meeting. joining us is the chief investment strategist. great to have you with us. can we expect equities to remain under pressure after mark especially on this month of september? that is not great in terms of seasonality. >> yes. i think that we did not get any more clarity today because of the cpi and i think investors are holding their breath as to what will happen tomorrow with the ppi and the retail sales report. most are anticipating the fed does nothing. they wonder whether they have finished raising rates. they are wondering if it will be the last time they raise rates in this tightening cycle. >> we always thought of the u.s. as being resilient if american consumers cap spending. do these start to concern you? especially if we are headed toward more headwinds? student loans having to be paid now? the rates being higher, inflation continuing to really hammer americans pockets. >> we continue to have

alix: coming up, julia coronado joins bloomberg tv at 1 p.m. new york time. s bloomberg. ♪ guy: chile's hosting its annual investors event in london. sent iago has been battling -- santiago has been battling to bring inflation under control that has hit growth. this country is a critical copper producer globally. it is ramping up lithium production. the minister of finance joins us. fantastic to see you. the economy has been hit hard as you battled inflation and brought it lower. are we near the bottom? is the worst behind you for the chilean economy? mario: we had a challenge when the new government took over, since inflation was going up, brought about by global development and domestic factors, especially the over expansion of economic activity in '21. last year we started combining fiscal policy with monetary policy to stabilize the economy. that job is almost complete. the economy, fortunately, the adjustment reflected in stabilization of the levels of gdp with moderate declines at the end of last year. inflation is down to a third of what it was one year

dave weisberger joins bloomberg tv at 1:30 new york time. this is bloomberg.rosetti forum is underway in italy. leaders in politics, education, government, and business have met there since 1975. we go to francine lacqua on the shores of beautiful lake como who is joined by guest. francine: i know, i have the toughest job in the business. we talk u.s. politics and european economy and we focus on italy with the chief executive officer of ambrosetti who puts this beautiful form together twice a year. thank you so much. you must be exhausted. it is like a list of who's who in italy and the economy worldwide. italy is in a tight spot. the prime minister is trying to rewrite some of the old school rules of capitalism. what does this mean for international investors? >> it is a very good point. in certain cases, the actions of the government are a little bit contradictory. on the one hand, we need to attract investments. on the other, there are specific policies against the attraction of investors. two examples. one is the extra profit taxation for the banks which

guy: the ceo joining bloomberg tv. that conversation 2:30 new york time. this is bloomberg.company announced a view cuts. here to talk more about the challenges that are facing the newly installed ceo as bloomberg's alix. nice to see you. expectations were very high your how on earth did they disappoint to this degree? alex: analyst ended up coming in the last month were very enthusiastic with the ceo who argued for a change. many appointed to the board because of that. he made some changes and pledges that were very important for the bank. capital strength. that comes -- sacrificing growth really. revenue growth targets are being lowered. at the same time -- has increased the target earlier this year. it is really not a good look for the bank within the french market. the payout ratio is completely different. now it is a 40 to 50% of the reported net income. it is fair to assume it is going to be lower in the first years when the bank is building up capital and then it might increase. this is two main concerns for analysts and investors today. alix: did they have to do this

coming up, diane swan joins bloomberg tv at new york time -- 2:00 p.m. new york time. oomberg. our question of the day is are we there yet with central banks, at peaks and housing, up if you want to buy a house you most definitely hope so. this is the moment 7.6% is where we are 30 year fixed on bankrate .com. a lot of people locked in sub three and that's a really wide berth. if you're looking to buy a house it makes it extraordinarily expensive. i know inventory is still an issue but if you are looking to buy a house or offload your kid to a house you want that rate to come down. guy: all i'm hearing is the clock ticking. let me tell you about the rate i've got. alix: it's 2.7 5%, i'm emblematic of the problem. >> we were talking about this in the break. there was an article in the journal about rate bragging, is that true? >> he's talking about and is like do you do that. i just brag about it. >> no subtlety here whatsoever. but you and some ways of the problem you've got -- you are locked in, you are very happy you are sitting there. but you're knocking to move hous

coming up on bloomberg tv, we speak to prime minister chris hip tends -- chris hipkins.g time. that is that from "daybreak: asia." our markets coverage continues as we look ahead to the start of trade and hong kong, shanghai, and shenzhen. standby for "bloomberg markets: china open." this is bloomberg. ♪ use it to set and track your goals, big and small... and see how changes you make today... could help put them within reach. from your first big move to retiring poolside - and the other goals along the way. wealth plan can help get you there. ♪ j.p. morgan wealth management. 76% of 23andme health customers surveyed reported taking healthier actions. ♪ because they know health isn't just a future state. health happens now. start your dna-powered health journey today with personalized insights from 23andme. is it possible to fall in love with your home... ...before you even step inside? ♪ discover the magnolia home james hardie collection. available now in siding colors, styles and textures. curated by joanna gaines. fabulous surroundings... but everyone's looking at thei

you can catch it all on bloomberg tv. we are going to talk about the state of crypto regulation ahead of gensler's appearance. this is bloomberg technology. ♪ ed: sec chair gary gensler appearing before the house financial services committee tomorrow to testify against regulation to the crypto area. sonali: the reality of the situation is the sec has a lot on its agenda and crypto being a part of it. lawmakers facing a potential government shutdown. a lot going on. how do you win the attention over for the needs in the crypto industry when there are so many directions? >> thank you for having me. it is a pivotal toll -- pivotal moment. we are bringing the faces and voices and americans who own and care about crypto coming to washington for the first ever stand the crypto day tomorrow. we have 50 companies representing thousands and thousands of jobs across the united states and they are coming to meet with their members of congress to talk about why they care about crypto policy and that is historic and it just so happens

alix: those were bloomberg tv guests weighing in on inflation numbers due out tomorrow. survey from tech, do you buy america or sell china? anastasia: we are in much better shape and part of that has to do with the u.s. lack of interest rate sensitivity. if you look at mortgage balances in the united states, they are not adjustable rate mortgages, their fixed rate and that is not the case in europe were a large percentage are adjusting higher and that is a pain point for the consumer. i think about the energy story. the u.s. is a net exporter of energy and europe is a net importer. when you think about the fisheries of heil -- high oil prices, stocks are benefiting. i many reasons to think it is a buy u.s. story. europe maybe is just going to deliver around zero. i think it is a buy america and tech and there is a lot in the u.s.. guy: act is expensive and america is expensive and isn't that enough incentive to look outside? anastasia: discount of europe relative the to the u.s. is one of the highest we have seen. i look at the valuation plus positioning plus a catalyst.

alix: those were some of the voices that spoke with bloomberg tv.wegian cruise lines is one of the top performers now in the s&p 500. are you getting enough to take risks? kelly cox joins us now. what do you think? >> i think it's a loaded question. you can get 5% on cash now so that's your going rate now. if you look around pockets of the stock market, you can still find value but you have to be careful and understand what your timeframe is. we are in it an environment where inflation is picking up in the economy look strong which is good news but it also makes things tricky because it gives you more choices where to put your money. dani: where are those pockets of value? >> i'm thinking about cheap cyclicals if the economy keeps growing. we think there is immense pressure on the economy now so it may not grow this quickly for very long but it certainly is resilient so i'm looking at banks, energy is an interesting place to put your money. looking at valuations, a lot of cyclicals sectors are below their p/e's and earnings season could give you a p

on bloomberg tv. united auto workers union start.oit's big three a 30% pay increase to reach a deal down from 46%. the automakers came to 26%. we are almost there. craig trudell joins us. this seems reasonable. will it happen? craig: the way to think about this is as a floor the union wants to set. it also speaks to a grand plan on the part of the union. they want and at least 30% pay raise for members. and it to be able to take that number to workers at nonunionized plants whether that be tesla, nissan, volkswagen, toyota. they want to take a nice big fat number not only from say, for, if they are able to get to deal with them first and then to get to the other companies here in detroit. they want to take that to the rest of the industry and really turn this into a broader movement on the part of unionizing more of the auto workforce in the u.s.. guy: the devil is always in the detail and you don't have a deal until the detail is sorted. what is there still to sort out here? read k-pop i think the fact that the union -- criag: i thi

kailey: those were some of our guests on bloomberg tv talking about yields as they continue to marchon of the day. why are yields higher? 4.51 on the 10-year right now. joining us is sarah kunst, managing director at cleo capital. what is driving this? sarah: certainly oil is a part of the conversation, but i also think there is a new normal have to get used to with oil. once summer is over, that first cold snap starts to hit, they will probably a big global oil producer that decides they don't have the supply they thought they had, price needs to go up. i think we need to stop being surprised by that. as long as we are looking at a world where russia is at war with ukraine, we will see them have a lot of supply issues in the winter that really drives up the price, whether we like it or not. that has an impact on yields. guy: do yields stay higher? if they do stay higher, what does that mean for portfolios? sarah: equity portfolios for the next little while don't have much to be positive about. certainly, higher treasury yields mean it is easier to make money there, less like to be p

alix: those were some of the bloomberg tv guests responding to an outlook for u.s.sumers which brings us to the question of the day. what is the main event? there is a ton of stuff going on with potential worker strikes for chevron in australia, the autoworker potential strike, apple, technical levels, china dump. there's a lot of stuff. nisha joins me now. i appreciate that there are fixed incomes and that the question is you. >> in my view, i think it is cpi data. the market is, as we've seen, there a lot of optimism. inflation continues to be above the 2% target. many to be that continuous and sent them trending downward. otherwise there's going to be some concern that they are going to continue to raise rates. >> how much conviction do you have -- it sounds like you are aligned with the morgan stanley warning that maybe the markets are not pricing in enough the risk around the recession. how much do you want to get exposure to at this point? >> we are very convinced that you at least want to think about hedging. in this rhetoric that rates could stay higher for

chancellor of the exchequer spoke with bloomberg tv in new delhi for an exclusive interview and talked that point. >> if we don't change course, we are going to see taxes going up. how you change course, you have to increase growth, and you will be hearing a lot in the months ahead about how we increase our growth levels. >> for more, let's bring in the investec economists. how strong is the u.k. labor market? i ask this with the contacts that alix steel has consistently pushed the "u.k. sucks" message. [laughter] it has shown that the u.k.'s actually resilient, whether you look at services coming in, certainly more than germany, and unemployment remains relatively low. are we starting to see cracks with the u.k., particular in this high-rate environment? is the u.k. going back to sucking? >> i think we are going towards loosening. it has been a surprising run of resilience in the numbers. we don't quite know whether the latest activity trends -- we had big revisions to the u.k. gdp numbers. it is not clear how much spare capacity there is. we are seeing a softening in surveys. those a

christian joined bloomberg tv earlier today. >> the question we have had a lot today is why 100?you look at the capacity of opec, the only ones that will be able to fill that gap and supply is opec over the next fears, and historically, when spare capacity has fallen to 5% to 10% of total capacity in the world, that is a risk premium, which we have not used that word in a long time and oil, maybe last year briefly. alix: that is the strategy take. we want the investment take. benjamin dell. you recently closed your latest emp fund so you do have oil and gas. you do climate related stuff as well and are working on carbon management exchange things. do we get to $100 oil? ben: i think we do. alix: do we stay there? ben: i think we are going about $100. fundamentally what we are seeing is a repeat of the 2000s in the sense that the upstream business is consolidating. operators are not investing in supply. there's underinvestment on the supply side and ultimately we will see the marginal cost of supply rise and i think that will continue to drive up commodity prices, both oil and gas

alix: speaking exclusively to bloomberg tv earlier today.t sets us up for the question of the day. does $100 oil mean stagflation? does it take the soft landing scenario off the table? first richards, marathon asset management chairman and ceo joins us. what do you think? bruce: short answer, no but there is a yes too. here is the no. stagflation is slow economic growth with inflation and right now we have very strong economic growth. you can see the third quarter, will be reported in the third week of october and it is going to come in and people don't realize this, not 2% gdp, not 1% gdp but 3.5% to 4%. here is why. nominal gdp right now is growing. we saw that in the prior quarters and that will hold through the third quarter. but the gdp deflator is slowing to two. unlike cpi. if you have 6% real, minus that 2% deflator, you might have 3.5% to 4% and then what does the fed do when they have november 1, their next meeting -- obviously they have their next meeting this wednesday when they will say they will hold and do nothing. but late oc

you want to catch that on bloomberg tv, mliv , on the terminal of course.making his way to delhi, of course, along with about 30 other global leaders, making their way here. an obvious absentee is xi jinping. he is giving this one and miss for the first time since he took office. that is a big blow to india and to modi as well. rishaad: what is it like on the ground as we build up to this summit taking place. as you mentioned, xi jinping not going to be there, but certainly the american president is going to be there. that is another thumbs up for india. are they trying to essentially create this five that -- this vibe that it is india's time to shine? haslinda: it seems like. on the way in last night, you saw narendra modi's banners everywhere, each and every post each and every lane has his banner. you get the sense it is not just about india, it is about modi. some suggest perhaps modi is using this opportunity to campaign for the upcoming election, so modi, india in focus. of course, conversations will revolve around climate change, will revolve around

because i want to talk to will kennedy about $95 brent next on bloomberg tv and radio.nal style. endless hardie® siding colors. textures and styles. it's possible. with james hardie™. >> an average of $92 per barrel to go to 100, we put another piece in asia today which is calling for $100 by halloween for brent. and again, this is a trajectory. at this point, of course it is a short-term thing. i'm not saying it will average about $100 but couldn't go to $100 for a bit? yes. jonathan: triple digit crude by halloween. that is the founder and director of research at energy aspects. 95 on brent, right now wti $92.62. the price action elsewhere, muted, unchanged on the tenure in america, 4.386. 1070 five, reclaiming 107 in the last five to 10 minutes or so. equity futures are elevated, doing ok. it is a quiet start to the week inside of crude into the federal reserve tomorrow. tom: three central-bank meetings is tomorrow, a live meeting here, are we doing definitive coverage for a den meeting? [laughter] jonathan: if the decision is dead, the forecasts are live. does that

haslinda: bloomberg tv guest reacting to the august job numbers out of the u.s.fective, a chief economist at the bank of singapore is to with us. isn't that clearcut? there was a sense that we saw the end of tightening, but if you take a look at sentiment and projections, 40% of investors still see a chance of a 25 hike by november. >> it not clear-cut. we think the fed had finished the rate timing cycle. there is a clear risk if the inflation numbers stay sticky, the fed may have to come back to the table. probably not september, even november or december, but at the moment the markets are worried about that risk. any data that is stronger-than-expected gets reaction in the dollar in the treasury market. haslinda: you say only a recession would take inflation back to 2%. powell said there is no recession expected. >> we are very much against this view that he can get us to a soft landing, a benign scenario that allows inflation to get back to 2%. the labor market is too tight, and our worry is core inflation get stuck between 2% and 4%, so the fed needs to engin

coming up on bloomberg tv at 2:30 p.m. -- is an increasing amount of money going into private capital, it comes as there is suddenly a renewed appetite by companies to sell debt. we are getting word of yet another debt sale on the salute that we saw, the barrage of corporate debt sales yesterday that some people say was kicking around the treasury market. there is a $3.7 billion offering for the bio coming out. it is also high-yield. some $40 billion of debt sold yesterday, the expectation is it could surge to the highest level. company start to grapple with how we deal with higher rates for longer, whether we lock them in. we are seeing crude come down after yesterday, hitting the highest levels going back to november. we are seeing the cut from saudi arabia, russia, percolating into the feeling that the u.s. and the china economy is not as weak as we thought. $86, north of the $80 front on crude traded on the nymex. we are also seeing yields basically going nowhere. 4.24%. this is bloomberg. ♪ so, you've got the power of

you can watch it on bloomberg tv or live go on the terminal.y bit higher but dax futures down a little and euro futures lower. the ecp president spoke in jackson hole about a looming recession. germany is faring poorly. not much movement in the frank. some weakness in the past couple of sessions. plenty more to come on daybreak: asia. this is bloomberg. ♪ so, you've got the power of xfinity at home. now take it outside with xfinity mobile. like speed? it's the fastest mobile service around. with the best price for two lines of unlimited. only $30 bucks a line per month. that's hundreds in savings a year when you wave bye to the other guys. all on the most reliable 5g network nationwide. you really shouldn't walk out the front door without it. switch today at xfinitymobile.com. >> international money managers are wary of investing in china as property companies continue to struggle to stave off default. bond buyers are off china long-term. let's get more from our china credit reporter. this has been an ongoing issue even as we see a rally for pr

shery: bloomberg tv guests reacting to their latest u.s. cpi data.ext guest is looking towards the university of michigan inflation expectations numbers due later this week for more clues on what the fed will do next. kristina hooper, chief global market strategist at invesco, joins us from our new york studios. right to have you with us. the numbers today were not necessarily a goldilocks scenario. could the inflation expectation numbers move the needle? cristina: i think so. my frame of reference, the reason i am saying this is, if we go back to june of 2022, you may recall that in advance of the fed's meeting, the messaging of the fed, what they were suggesting was that there would be a 50-basis-point rate hike. then we got two data points two days before the meeting, the inflation print, and michigan inflation expectations. those two data points shifted the fed to 75 basis points in hikes. that day. at the june meeting. i think something like that, there is that potential for michigan inflation expectations to tip the balance. i don't think what

york city this morning, good morning, good morning for our audience worldwide, this is bloomberg surveillance on tv and radio. your equity markets are slightly negative on the s&p 500. minutes away from cpi this morning. tom: somebody stopped me on the street last night and asked me what i looked at and i look at cleveland cpi. there is now casting. bramo is now casting. cleveland cpi, we will not go into the details no but it's at 4.80%. that comes down again off the data this morning which is disinflation. jonathan: later today it's about the split between headline cpi led by gas prices and core cpi potentially. lisa: levels will change for people who will not look at one print? the fed will not look at one print so how big of a boost could you potentially see a reaction from? where is the threshold and where is the market biased, toward upside or downside? jonathan: this sets us up for the fed next week. the ecb will be this thursday. reports yesterday from reuters that the ecb might have to upgrade their inflation outlook to north of 3%. that's going in the wrong direction and moments ago, repo

we will have full coverage across bloomberg tv and radio.plit, but i can point to goldman as seeing a hike this morning off the back of the news that we got yesterday for u.k. inflation. tom: you're missing the punchline here, i had the full english today. a thousand calories. i have the sausage. the royal arcade and lisa, i'm standing there, i'm standing there and i didn't realize everything here is look left, look right. i almost got run over like three times. lisa: this is bank of england discussion. jonathan: how nice it was. lisa: the take away he almost got run over. jonathan: no one is really there anymore, and the federal reserve is down. tom:tom: i'm looking at 12.82 or something. other than that, it was successful. jonathan: we will just carry on talking. stellantis, a price increase. failed to give workers a clear vision of the future they are seeking. the union said to hold a facebook live event 10:00 a.m. tomorrow where a lot of people are expected to announce whether morbid joined the strike. whether we get a sufficient offer g

this is bloomberg surveillance on tv and radio. your equity market is positive this morning by 0.4% on the s&p 500. that was quite a news conference on the g20 from the president of the united states. tom: those of us vested in the conference and i wasn't in the united states army. it spiraled out of control. i don't want to overplay it that i believe this was shutting down the press conference early. he is always fraught with emotion and clumsy is the operative word. jonathan: i think that's the right word. pushing ahead, cpi on wednesday and retail sales thursday in the federal reserve entered a quiet period over the weekend. rate hikes are on ice, can that data change that story? tom: i think you have two staggered to the ecb. the answer for them is never for americans has a christine lagarde press conference been more important jonathan: ecb thursday. about 10 months from now, we will catch up with the european commissioner on their forecast, seemingly heading in the wrong direction. lisa: confirming stagflation that this is le

tv he. could also delve into any securities or the bloomberg functions we talk about -- for bloomberg subscribersat tv . this is bloomberg. ♪ ♪ you should get a second opinion from innovation refunds at no upfront cost. sometimes you need a second opinion. [coughs] good to go. yeah, i think i'll get a second opinion. all these walls gotta go! ah ah ah! i'd love a second opinion. no. i'm going to get a second opinion. with innovation refunds, there's no upfront cost to find out. so why not check like i did for my small business? take the first step to see if your small business qualifies for the erc. explore endless design possibilities. to find your personal style. endless hardie® siding colors. textures and styles. it's possible. with james hardie™. haidi: when new zealand's all blacks have opened with a loss to france in the rugby world cup. a pattern has emerged between the world cup results and the fate of the new zealand government whenever the tournament is held in an election year. let's bring in our next guest, what is this correlation between the performance of the all blacks and wha

jonathan: this is bloomberg surveillance on tv and radio. alongside tom keene, lisa abramowicz, i'm jonathan ferro. apple info, t. k., the iphone 14 is later this afternoon. tom: we should have all worn black turtlenecks today. it is a big marketing thing. the apple experts like mandeep singh are telling me i have to care. morgan stanley comes out and says "buy me," and tesla goes up 10%. jonathan: have you ever seen something like that? what is the signal you take from that? tom: there will be other companies going "please recommend us!" w aree getting ready for this news don't we get wednesday, thursday, and friday. lisa: may be the signal is that foam oh has not died yet. the feeling right now is people feel a little loss and tech is the juggernaut that has kept on going. if someone says by, you do it -- buy, you do it. jonathan: that is what happened yesterday in a major way. futures are pulling back just a little bit. bond jonathan: the euro is a little weaker against the dollar. lisa: $1.07 is the new level it's stuck at and we will ge

this is "bloomberg surveillance" on tv and radio. the only reason we are on tour is bramo's birthday. happy birthday. lisa: thank you. jonathan: what else do we do on the birthday tour? lisa: i'm going to camden this afternoon. tom: hot, brown water with the king? lisa: you are appreciating yourself. it is a proper hot water. tom: 80 with crumpets. jonathan: let's restart. fantastic guests, let's start with equity future on the s&p 500 positive by .1%. not talked about enough this morning, we are very close to highs on the tenure this morning. .434 in america. tom: it is underplayed in america. 10 year real yield as the benchmark, against two percent, anything past 2.03% is something new. this is underplayed right now. that is going to change abruptly. there is a meeting on wednesday. jonathan: there is neither -- another meeting on thursday. your favorite line come that phrase from the disney movie, a whole new world. tom: it is a whole new world. jonathan: when wage gains do not get it done. tom: for the american audience, it is st

live from new york city, good morning, good morning for our audience worldwide, this is bloomberg surveillance on tv and radio alongside tom keene and lisa abramowicz, i'm jonathan ferro. just about positive on the s&p 500. tom: not your father strike. when i saw it, they nailed it about the 10:00 p.m. stock. this is an original strike going back over to uaw history, back to 1958. into real challenges before world war ii. it is an original strike, a selective strike, that is what is new. jonathan: gm said they offered unprecedented package. from ford, the union made little movement. rambo, we have not heard from this white house, have we? we are waiting for a statement from the president. lisa: hit the -- he did speak with the leaders and auto manufacturers. what did he tell them at a time where his policy is contradictory? in one hand he's pushing for electric pickles and a lot of the vehicles are pushing back on yet they are helping some of the auto manufacturing with those. on the other hand, it is -- it is the most pro-union in history. tom: i learned a lot from labor experts. we have a schedule

this is bloomberg surveillance live on tv and radio. bramo stepped off.the press conference and the lovely forecasts you look forward to. tom: but i will look at is the dot plot -- what i will look at is the dot plot -- it is showing a resiliency, act -- an equity market, big amount of money that says they will believe in the fed. servetus super medium -- servetus super medium -- savita subramanian -- the bottom line is there is an enthusiasm here away from country to country domestic politics. it is a positive ferment here in these meetings. jon: bruce is on the high for longer page and how we reference the dot plot and projection over the federal reserve, he used the word aspirational and said it was as relational to look at next year and expect inflation to come in without too much damage to the labor market and that is a man that does not believe we can get inflation down towards 2% without pain in the market. have we made process in the labor market,? yes? tom: bruce kasman says he doesn't think we go about 4%. i will say that is the oddity of the cy

still ahead, white bloomberg nef believes tesla is not capitalizing a tv charger network advantage acrosss.. this is bloomberg. ♪ how can you sleep on such a firm setting? gab, mine is almost the same as yours. almost is just another word for not as good as mine. save 50% on the sleep number limited edition smart bed. plus, free home delivery when you add an adjustable base. shop now only at sleep number. matt: this is bloomberg markets. time for our weekly green segment. tesla could be missing an opportunity not selling its charging hardware to third-party operators even with 59% share of the public direct charges installed in the u.s. let's bring in ryan fisher out of london to talk about this. what is tesla doing wrong? why aren't they capitalizing on this advantageous position they built up? >> it's an interesting position. tesla has such a big part of the network. then you think about this hardware that they've done for 10 years and they are their own. they are actually not selling it to others, maybe because they are building their own networks and don't have time or maybe they don'

this is for bloomberg subscribers only. check it out tv . hery: take a look at how currencies are trading at the moment as we have the bloomberg dollar index on its longest winning streak in a year. on the other side of the break, we have seen significant weakness for these pairs especially when it comes to the swiss franc after weakening for a record 12 straight days. it is now the most oversold and about 30 years. 14 day rsi dropping to the lowest level since 1991. the swiss national bank just paused in his tightening, so you have more rate differentials to contend with as you have yields continuing to rise in the u.s. take a look at the korean won, the south korean stock market is away on holiday, but that does not stop the korean won from weakening. we're watching the japanese yen also nearing the 150 level, which people say potentially could lead to authorities intervening in the markets, and that strong u.s. dollar having an impact on emerging-market currencies as well now on the brink of wiping out all of their 2023 gains. concerns abo

it is for bloomberg some scrubbers only. check it out at tv . omberg. ♪ ♪ with everything you have on your plate, earning your degree online seems... impossible. but at grand canyon university, we specialize in helping you fit a master's degree in education into your busy day. your graduation team led by your own gcu counselor provides you with the personal support you need to succeed! achieve your goals with a plan and team behind you! find your purpose at grand canyon university. visit gcu.edu ♪ >> new zealand's two main political parties have lost their election campaigns this weekend, each promising to ease cost-of-living. and they want to dire consequences if the other side wins. let's bring in tracy withers in wellington. leprosy, cost-of-living is the key issue for these voters as we had to the polls on october 14. >> its economic management and the cost-of-living pressures with inflation at 6%, and both parties have watched for campaigns six weeks away from the vote, with different ways of tackling that. the details from national came out

york city this morning, good morning, good morning for our audience worldwide, this is bloomberg surveillance on tv and radio. your equity market is negative by 0.2 percent on the s&p 500 following the biggest we of gains on the s&p. happy talk begins in september with goldman cutting the recession chances to 15% after week of decent data to keep this fed on the sidelines. jonathan: good research over the weekend and goldman leads the way with that lesser call on recession. it buttresses against a china basically in policy chaos. to the global town, i'm unsure of where we go other than jerome powell has a spirited leadership on economic growth. jonathan: later, as good as it gets. tom: he's still bullish. it is as good as it gets in the nuance here is that we peel away and maybe we get lesser and then he goes to a soft landing but i don't know what that means. soft landing bramo comes back from her sabbatical. jonathan: she returns less bearish from vacation. lisa: first of all, nobody is very happy the summer is over. there is this feeling of what are we heading toward. jonathan: it's in the 90's

this is "bloomberg surveillance," on tv and radio, alongside tom keene, and lisa abramowicz. i am jonathan ferro. the equity market on the s&p up by 0.5%. i think we can call this a month to forget. tom: in -- and a quarter to forget as well. the same tensions we have seen off the week. i will go back to something we said months and months ago. the acclaimed black swan quantitative finance expert, taleb, said the gravity has returned to the market. it was a great september. jonathan: it could stronger in the market. what a range we have seen. the high yesterday 4.6 861 on the 10-year yield. this morning, 4.54. i am not sure what that is based on. lisa a: maybe we got softer than expected inflation out of europe and very little in japan that did little for the market. i am curious how much we are looking at out of the market. suddenly bond markets are what issuing showing the volatility normally associated with different asset classes. tom: i don't know what we had in the hd block. i am certain in the first block on monday, we have kawa of ubs. he said ideal volatility is now

this is bloomberg surveillance on tv and radio alongside tom keene lisa abramowicz.ur equity market is trying to bounce. yesterday at the close, the lowest since june on the s&p and nasdaq this morning. the euro, 105. tom: those are the major appearances but you can look at all of the granularity in the foreign exchange market and see the trauma out there. it is an abruptness here. the adverb i'm using is suddenly. luke kawa of ubs. he mailed and said talking first derivative, second derivative and the second derivative, the accelerated force is in place on this wednesday. jonathan: at some point, this treasury selloff market becomes self inflicting. lisa: chris said we might have to get a 520 on the 10 year. in other words, we might not be that close simply because the bulls have been burned so badly they are not stepping in. what i find interesting is where the bias in markets is right now. i think you rightly started with are we seeing a dash of cold water on the goldilocks theory. yesterday, the market moved on the survey that came out disappointing. this shows m

of this in the media with different interviews with the san francisco chronicle, kron four tv, kqed and bloomberg right now there are legislative modifications being considered that have been proposed by the department of finance as they have an oversight board excuse me, oversight role for successor agencies throughout california. the legislation must be finalized by this thursday. that's the last day for amendments for a full vote in the assembly. in a confirmation vote in the senate again, by september 14th, we think we're on track for that. we're crossing our fingers. but if that does happen, which is still still yet to happen, the next step would be the governor's desk for signature and then he would have up to 30 days to sign the legislation or veto it. and that would be october 14th. so that's the status of the legislation. and every time i provide this update to the commission, i just want to acknowledge everybody who worked on this mighty scott from freedom west homes. dr. veronica hunnicutt from the hunters point shipyard. cac our team here at oci, jim morales, elizabeth columella, rosa

live from new york city, good morning, for our audience worldwide, this is bloomberg surveillance on tv keene, and lisa abramowicz, i'm jonathan arrow. equity markets negative by .3% on the s&p 500, apple down hard, off 3% after a soft session yesterday. tom: a lot of opinions on this and the unknowns as dr. el-erian would say, we don't know what the ramifications are. certainly you mentioned mr. ives with a bullish cast on apple says it is not that big of a deal but i agree there is a lot of jury out on this and big walks away and that is what we've got. jonathan: the headline from our story, china broadening the iphone band to stay firms and agencies following the yesterday, dan ives framing it nicely, -- nicely, dropping in terms of what this could come for overall sales but for me is it about -- it is about the optics and signaling the on the story. lisa: i think it's a bigger story beyond apple. apple was the brightest light in china. they contributed millions of jobs and they had a huge amount of manufacturing there. they were thought to have a symbiotic relationship with the nati

of this in the media with different interviews with the san francisco chronicle, kron four tv, kqed and bloomberg right now there are legislative modifications being considered that have been proposed by the department of finance as they have an oversight board excuse me, oversight role for successor agencies throughout california. the legislation must be finalized by this thursday. that's the last day for amendments for a full vote in the assembly. in a confirmation vote in the senate again, by september 14th, we think we're on track for that. we're crossing our fingers. but if that does happen, which is still still yet to happen, the next step would be the governor's desk for signature and then he would have up to 30 days to sign the legislation or veto it. and that would be october 14th. so that's the status of the legislation. and every time i provide this update to the commission, i just want to acknowledge everybody who worked on this mighty scott from freedom west homes. dr. veronica hunnicutt from the hunters point shipyard. cac our team here at oci, jim morales, elizabeth columella, rosa

this is bloomberg surveillance on tv and radio, alongside tom keene and lisa abramowicz, i'm jonathanp by .1% on the s&p. on a 30 year, $95 crude weekly on wti. in the last day or so we have dxy and highs we have not seen for at least 12 months. tom: a blended major trading currency. about 54% euro. jon, i would emphasize on a thursday with massive economic data what i would emphasize is the equity market with a vix of 18.1 8%, removed from the turmoil in bonds and fx. jonathan: big turmoil. away from equities. we have talked about this already. stocks have been a bit of a snooze. it is noteworthy, but based on what you are seeing in treasuries, yields you have not seen for 16 years, the dollar index, highs we have not seen since the back end of last year, euro-dollar briefly 1.04. it is more than notable. lisa: which to me raises a question. is this the market saying that the economy has weighed in and a can handle rates at these levels? that this is manageable if this is the new normal? companies will adapt and adjust? everything will be great and you will continue to earn profits i

tv . dive into any of the securities on the bloomberg function that we talk about. part of the conversation by sending us instant messages during our shows. this is the terminal. subscribers only. check it out at dayb . this is bloomberg. website about saying there'll be no hard choices. i am unequivocal that we will meet our international agreements including the critical policies in paris and glasgow to limit global warming to 1.5 degrees. shery: the u.k. prime minister rishi sunak speaking about his government screen agenda including pushing back a ban on new petrol powered car sales by five years to 2035. iceland is among the nations most exposed to extreme weather events with its world-famous pleasures at risk of melting as global temperatures rise. the prime minister joined me from the u.n. general assembly to discuss her country's efforts to fight climate change and how rising tourism is putting the islands environment at risk. >> you can say that the first properly financed and realistic climate action plan was put into action in iceland in 2018. it was

bloomberg. ♪ kriti: from the eu trade chief visiting china amid a probe into beijing's ease -- tv subsidies, delaying date for the sale of new diesel and petrol powered cars. electric vehicles are no doubt the hot topic this week. ryan fisher from bloomberg any have joining us for a deep dive into europe's ev landscape. there is a lot of news going on. talk to us a little about the uptick in europe at the moment. ryan: the ev market is one of the most exciting things at the moment and with the intro you highlighted that their. in the eu and the chart showing 3 million sales, they have really grown but to key topics -- the chinese. do they want those vehicles to be coming over, and that has brought problems for some of the automakers. fundamentally tesla produces a lot of its vehicles in china and they are bringing them over to europe as well as bmw and others who could get caught in this probe. and then you have consumers. to meet these net zero goals what we want to be doing is selling more ev's and cutting off some of these coming from china. it could mean prices go higher. then you have the u.k..

of this in the media with different interviews with the san francisco chronicle, kron four tv, kqed and bloombergw there are legislative modifications being considered that have been proposed by the department of finance as they have an oversight board excuse me, oversight role for successor agencies throughout california. the legislation must be finalized by this thursday. that's the last day for amendments for a full vote in the assembly. in a confirmation vote in the senate again, by september 14th, we think we're on track for that. we're crossing our fingers. but if that does happen, which is still still yet to happen, the next step would be the governor's desk for signature and then he would have up to 30 days to sign the legislation or veto it. and that would be october 14th. so that's the status of the legislation. and every time i provide this update to the commission, i just want to acknowledge everybody who worked on this mighty scott from freedom west homes. dr. veronica hunnicutt from the hunters point shipyard. cac our team here at oci, jim morales, elizabeth columella, rosa torres,

germany for the espresso tv channel, the european commission plans to recommend starting serious negotiations on membership with ukraine in october sources report on this bloomberg, but this is not my parish or now is the time to the section the world about ukraine and already next to me is yuri fizer greetings so what are people saying about us in the world and what is the most important thing our viewers should know greetings oksana greetings to everyone on the phone who joined our broadcast well, today there is a lot of news, i will try, as usual , to fit in the time allocated for me, and in particular i will tell you about when ukraine will be in the european union, volodymyr zelenskyi will visit canada well, why foreign tourists are not worth it, and it is not necessary at all to go to the ukrainian crimea while it is occupied by russia , about this and other things in a moment in the world about ukraine column. well, let me start with this. ukraine will receive at least a small batch of such long-range missiles, which we need for us. the president of the united states of america, joe biden, gave such an assurance to our president volodymyr zelenskyi, the j