but what about the policy of neutrality asks bloomberg well, kiev will have to wait at least 9 months for long-range missiles from boeing, in particular speeches. it's for you military pseudo-aid package. the united states has become aware of the details of how it is expected to include long-range precision-guided munitions, namely land- based small-diameter bombs under development. boeing ammunition can also be launched from ground-based missile systems. also, the new package, according to bloomberg, will include winter equipment, anti-personnel mines, equipment for patriot systems and hand grenade launchers. the arms race shows now there is a real redistribution of the world, and the ukrainian conflict. only the beginning of such an opinion shared the defender of donbass pavel prokhorenkov in the program say no to molchin according to him, it has long been no secret. there is a certain elite that simply dictates its own rules, and zelensky, a puppet who carries out their orders today on the territory of ukraine, for the most part, is testing weapons, which are located in the west. p

bakhmut , american and european government officials said, and their words are referred to by bloomberg. wellther report from the front-line city of bakhmut, in particular the story of the military man and petr voloshchenko and with the call sign stone a-and on the eve of the new year, he took a family out of bakhmut, in particular a seven-year-old boy for whom he later became a godfather, we will show you this story, now we got to know each other, we went around the houses looking for people to help, what are the problems, who is sick, who to leave, and near the same house. we went out and saw people, uh, i saw this boy, we got to know each other like that, and he was so brave, the boy turned out, his mouth was all in his hands, look at this, so he was helping his parents chop wood, and he and we went, he says, let's go, i 'll show you something, and he led me eh- and before that right before that, i literally don’t know how many hours the ammunition didn’t hit, i won’t say what uh right into the house, it’s under your right hand, but look at the new one, there’s a hole, we can all see such

and it is necessary, which e will quite significantly take place in the form well, bloomberg is a well-known such agency of news leaks, let's say so. hey, maybe you could call it that. uh writes about some secret document of a secret document that concerns, a, application. uh, fifth. here is the notorious fifth article, the charter - this is an organization. here. er, of course, this made a lot of people nervous. now including those who live in countries that are part of the north atlantic alliance y'know, i've seen that posting. hmm. can't confirm or verify how true it is as it goes, really. here is the closed document. well, i can say that the concept of defense is still necessary. e, it was supposed to ensure the ability of the alliance to simultaneously participate in two conflicts is another matter, that they proceeded from the fact that both of these conflicts would be either, uh, so to speak, and for the first time they received the city with uh, set country tasks to be ready for conflicts at the same time, one , of which will be, as they say, full-length. yes, vladimir alekseevich, n

you have a show here on bloomberg as well.s idea of where inflation goes and whether it lingers, is that influencing the conversation they are? larry: i think so. it certainly is from islands. last year was an example of where your traditional 60-40 portfolio did not deliver on its profit -- on its promise. it never had the chance. going back a couple years, interest rates came close to zero just about everywhere in the world. so, i think on a going forward basis, perhaps for the next five years to 10 years, alternative types of returns, versus traditional 60/40, especially if inflation is going to prove to be sticky and bonds aren't going to give investors the protection they once did when euros waller -- when it yields were much higher once upon a time ago. kriti: with the federal reserve driving the narrative, it feels like a lot of options are pretty binary when it comes specifically to the bond market. i have to ask about the emergence or death of the manic etf's, things like the trade war, the war in ukraine. is that an

economist for bloomberg economics and a former fed economist, as well as bloomberg's macro man on ourraders blog. i want to start with you specifically because i want to ask about the financials condition index, the sensitivity to it at a time when the biggest move is coming from a forward-looking mechanism, the stock market. why does the fed so worried? >> well, the stock market does imply a wealth effect for households. i would push back a little bit. a lot of the easing of the financial conditions and, particularly the bloomberg iteration, is also a function of well-behaved credit spreads and a narrowing of credit spreads, which obviously makes borrowing conditions for companies that much easier, leverage that much easier. broadly speaking, the purpose of interest-rate hikes is to tighten conditions across the economy, make it more difficult to access credit, make households field fewer animal spirits, less margin propensity to consume. all of those recently have been pushing the wrong way. in a sense frontloading the expectation that the fed is going to come to a halt relatively l

well. ed: terrific reporting. bloombergelling us about this sealed decision from the senate is a court. -- from the san jose court. there is an opportunity to appeal. what are the chances that happens and it is successful? guest: there's a couple of options for the ftc. one thing they could do is appeal to the ninth circuit court of appeals in california. this judges ruling directly. the ninth circuit would rule on whether meta could go forward with this deal or if it remains blocked. the other option is the ftc could let meta close the deal then go into its administrative court than there would be a longer trial kryst on the deal and at the end of that, -- longer trial focused on the deal. that is not too unlike what they are doing now with the instagram and whatsapp deals. have a couple of options. the third option is to drop the lawsuit altogether and let meta move forward with closing the deal next week. caroline: over to you, ftc. great reporting. many had questioned the overall focus of the naming change, the focus on

bloomberg. caroline: well said. bloomberg's jeff stone. a fascinating story.s for coming on and talking about it. we have more to delve into. the software maker dyna trace is boosting earnings. we will talk to the ceo but also we will dive into the share performance of dyna trace but what is happening with meta right now. it is outperforming. will we get more in terms of the earnings call? ed: yes there is a calmness from the cfo talking about ongoing weakness in finance and questions about generative ai but is also focused on reels and how they will monetize it efficiently. the conversation we've had about tiktok and the competition from snap earlier this week not surprising that reels came up in the call early. caroline: we will dig into vr. they seem to be getting the nod the court that they can indeed buy within a limited. we will delve into that part of meta. stick with us here on bloomberg tv. back in a minute. ♪ ed: shares of dynatrace jumped after the company posted better-than-expected the financial results but crucially, also guidance. dynatrace prov

conflict under the five when article members of the alliance must protect each other, bloomberg writes about this, well this is a famous article that we all always refer to, we appeal to it, uh, what is behind it, if one member of the alliance is attacked, then everyone must fight back, as they say, and defend, but as it turned out, well it is obvious that clear guidance on exactly how and who should act has not yet been spelled out , therefore, in particular, allies will be asked to redirect investments in air defense funds, as well as in mechanized troops. the new plan will also provide for the action of countries in the event of conflicts that are not directly related to the fifth stage well, we see that , in particular, russia's aggression is now forcing everyone to take a closer look at the security programs to ensure the defense of all countries and international security alliances well, meanwhile, the minister of defense of ukraine oleksiy reznikov wants to dismiss his deputies ivan rusnak and oleh hajduk, and to appoint oleksandr pavlyuk to the position of first deputy minister, to the position

bloomberg costs one ammo. well , as former american intelligence officer edward snowden stated, the us is making a fuss about downed air targets in order to divert public attention. from real problems, for example, from economic or from investigations of terrorist attacks on nord stream. and that's what we'll talk about next in our program. as the russian cossacks will develop, a detailed discussion on this topic is underway in moscow. the state duma approved an appeal to the parliaments of the countries of the world because of the military biological activities of the united states and in. luhansk from ukrainian captivity our military returned, see you in a couple of minutes grandiose premiere on the russia channel i understand, there was such a new one there, what are you going to do? everything fell down success glory and quit everything for you today at 21:20. why litres combined electronic audio books in one place to first read and then listen , switch text to audio in one click sheet, i think you are watching

lithuania, we talked about the results of volodymyr zelenskyi's visit to brussels, thank you well, the bloombergerence to a european official, writes that the leaders of the european union states during the summit in brussels did not give zelensky commitments regarding provision of combat aircraft, volodymyr zelensky himself , however, announced this afternoon that there are certain positive decisions regarding western fighters , but so far without details. well, the head of the office president andriy yarmak, who accompanied zelensky on this european tour, initially stated today that the matter of providing ukraine with long-range fighter jet weapons has been resolved, and about an hour has passed, yarmak changed his message in a telegram and wrote that the issue of long-range weapons and fighter jets for ukraine looks like it can be resolved. to be resolved, the difference is significant, nevertheless, the call to go to the next step and consider the possibilities of providing fighter jets to ukraine today from european top officials in brussels sounded both at the summit and at the eu summit

what is coming up next after this discussion about the fed and this interview from bloomberg tv as well, that rba is actually front and center about 90 minutes from now. they will be talking about whether they have reached the end of their tightening cycle. we had forecast a 25-basis point hike today, but certainly a lot of questions given the fed backdrop. they are still questioning. i wonder if asian central banks will have that same discussion too. david: yeah will they give themselves some allowance? aussie dollar doing that. testing all-time highs of the asx. if mohammed apabhai is correct, that was it in 2021. we will leave it there for now. rba in about 18 minutes from now. rishaad: let's check in on the first word news. we have more than 3400 people have been killed after two of the worst earthquakes in decades that have hit turkey and syria. many people were left without heating, gas, electricity or fuel. it is feared the death total will keep rising as rescuers search the rubble of destroyed buildings. president erdogan says it is turkiye's biggest disaster in a century. rumor

how well we are actually now seeing some reports, gary hart from both of bloomberg and from reuters news agency as well that the secretary of state antony blinking might have postponed his trip. now there has been no confirmation yet from neither the state department nor the white house. and we do have to wait from that confirmation, but these reports are coming in that this trip has been postponed. it is important to know it was always a planned visit. it had never officially been confirmed by either side. so could be that we don't get a confirmation either way, right away. but, you know, it was always going to be a very difficult and tricky visit with so many areas of contention between the us and china. as you know, gearhart know they were at odds over in the south china sea, hong kong human rights violations in the ocean. jang region, taiwan, of course. and then there is a warn ukraine where the u. s. wants to see china take a bigger role. so it appears that with all of that on the table, this incident might have been seen as 2 significant for antony blanket to go ahead with this tri

well. haidi: we will continue to watch all of that for you and you can get the latest on our bloomberg blogll. let's get to vonnie quinn. vonnie: president biden says he plans to speak with xi jinping over the downing of an alleged chinese spy balloon. he says intelligence agencies don't have -- evidence that three other objects shot down were surveillance craft. he also vowed to manage competition with china. >> as i have said since the beginning, we seek competition not conflict with china. we are not looking for a new cold war. but i make no apologies in we will compete. vonnie: china is imposing fines and sanctions against lockheed martin and raytheon over weapon sales. the move is the latest sign of escalating tensions between the world's two largest economies. talk of bigger rate hikes in the u.s. saw the saw stocks sink. federal officials both signaled they would be open to a 50 basis point increase. the warnings come after u.s. producer prices rebounded in january by the most since june and jobless claims came in below expectations. one of china's most high-profile tech dealmakers h

well. ed: bloomberg intelligence jen, thank you for joining us on a friday, top story of this week.aroline as we always do went the audience and said, what do you make of m&a right now for tech? the answers are consistent for what we have heard. clamp down underway. caroline: front and center, we know, this is not a u.s. thing. this is a your -- european theme, across the spectrum. activision blizzard and microsoft, for adobe, they are aware of it. ed: it is a multistep process they continue to track it. what is new in the world of ai? it clamp down on chat gpt from china to wall street. that is next. this is bloomberg. ♪ ed: time now for talking tech. china will introduce rules to govern the use of ai across a swath of industries. in an effort to regulate emergent fears as chat gpt sweeps the second largest economy. they will push for safe controllable application of ai services that they continue -- consider a strategic industry and continue to monitor the evolution. a better understanding around the ethical concerns of ai. meta introduced a research tool for building ai-based cha

the situation in the country more objectively. this was reported by the publication bloomberg for a decade and, well, it is planning to direct more than 80% of its oil exports this year to the so-called friendly countries, that is, countries that have not imposed sanctions. well, although here in our country, many countries are now refusing russian resources, who are they planning to work for ? to whom should russia sell, well, it is china , india, and, for example, pakistan wants to buy russian oil, and the difference is very significant, and in countries that are not stable democracies, and in which conventionally speaking certain values ​​are unequivocally very far away, and their war in ukraine is absolutely not what is confusing is that they are ready to make money from this. this is the first point. the second point is that russia completely ignores any international law . this is simply a matter of massive schemes that russia is now using in order for, for example, the same russian oil to be converted into indian oil or some other oil, i.e. in order to be able to sell them accordingly on othe

jeff sherman, byron lake, michael saylor is coming up as well on bloomberg, 1:00 p.m.. kailey: before that is balance of power with david westin, he is joined by the former u.s. secretary of defense in the next hour on a day in which we see pretty interesting action in the markets. down about half of 1% on the s&p 500, the move in the bond market just astounding. to year yield up 15.5 basis points on the day to 444. guy is heading over to radio, tune into the cable show at the top of the hour 12:00 p.m. new york time, 5:00 p.m. in london. this is bloomberg. ♪ >> from the world of politics to the world of business, this is "balance of power" with david westin. david: from bloomberg world headquarters, welcome to "balance of power." the chinese spy balloon shot down of of the coast of south carolina. yesterday this is what the president had to say. pres. biden:

tune into bloomberg radio as well to hear more from the news -- days big newsmakers. more ahead. this is bloomberg. ♪ the first 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. ♪♪ what will you do? will you make something better? create something new? our dell technologies advisors can provide you with the tools and expertise you need to bring out the innovator in you. go. go green. go wind turbines. go gorgeous reliable grid. go emerson software. go science people. go breakthrough meds and safe science. go space age welds for super silent cars. go big. or go home. from software that delivers new cures at warp speed, to technology that makes clean energy reliable, emerson innovation helps make the world healthier, safer, smarter and more sustainable. go boldly. emerson. >> that is not the noise around and we will continue to operate that way. >> phil lo

bloomberg scoop. siemens gaining as well up 7%. they raised their guidance for the year. the industrial part of the business above 15%. credit suisse a different story down 5%. they are expecting substantial losses again for 2023. credit agricole, there was a beat on earnings. the trading part of the business doing well for this french investment bank, gaining 4% in the session. that is it for the european market open. surveillance early edition is up next. you are seeing gains in european equities of seven -- .7%. the dax up more than 1%. as is the ftse 100. the pointing to gains of .8%. stay with us. this is bloomberg. ♪ these days, our households depend on the internet more and more. families grow, houses get smarter, and our demands on the internet increase. that's why we just boosted speeds for over 20 million xfinity customers, on us. so you get more of the speed you need for day and night streaming. more speed you need when you're work from homeing. and more speed you need as your family keeps growing. check in on your current speed through the xfinity app or upgra

the hyperlinks do not allow, that is, go to glum on bloomberg and see where bloomberg wrote this is impossible, therefore well, with an overview , the fact that this information appears only on russian e-e media, then there is a real suspicion that this is such an information attack. i read more about such a belgian functional institution. i don’t know if it is a bank, it is not a bank . as far as i understand, euroclear was suspended by the arrested russian billions, and last year euroclear earned almost half of its income of over 800 million the euro is exactly on this money, what kind of story is this, it seems as if they say that the russians are in a very, very bad mood because of this, because their media is also torn by that well, in fact, the beginning of such a euroclear is an element of the stock exchange infrastructure of the two largest companies, through which the securities are accounted for, the payment funds for various securities pass, which are in principle invisible but extremely important elements of the stock exchange infrastructure without which trade as we know it would not be possible

according to bloomberg data, the number of oil wells opened under the anti russian sanctions regime has increased by around 70 percent, bringing the total number to over $7800.00 as major oil companies beat their records last year. the media outlet also says there's growth in rushes, oil processing, and storage capacities. this comes as the countries prime minister says oil extraction in 2022 amounted to $535000000.00 tons showing a 2 percent increased compared to the previous year. this comes after you politicians plain that russia has been forced to cut its fruit production as sanctions over its actions in ukraine. cut the country off, crucial technology and western energy markets. the g 7 countries also adopted a price cap to curb the energy price growth and reduce moscow's revenues. we heard from benjamin child, professor at the paris school of technology and business, who says that russia's asian partners can relieve the same sense of fact. well, as we have seen, russian companies did the most drilling at their oilfields in more than a decade. last year. several factors have contri

stephen: lots of good bank results as well hoping to lift those numbers. this is bloombergn 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. - [announcer] imagine having fuller, thicker, more voluminous hair instantly. all it takes is just one session at hairclub. introducing xtrands. xtrands adds hundreds or even thousands of hair strands to your existing hair at the root. they're personalized to match your own natural hair color and texture, so they'll blend right in for a natural, effortless look. call in the next five minutes and when you buy 500 strands, you get 500 strands free. call right now. (upbeat music) stephen: finishing up the day and week of european trading. we started off in what felt like a worse position than how were finishing. markets hit record highs yesterday. the ftse is off of the round figure of 8000 at the end of today. the stoxx 600 over the past five days, we are seeing it finishing today down but fro

bloomberg news. we will have more on that story and talk about what is happening with hsbc as well coming up. is is bloomberg. ♪ ♪ we all have a purpose in life - a “why.” maybe it's perfecting that special place that you want to keep in the family or passing down the family business or giving back to the places that inspire you. no matter your purpose, at pnc private bank, we will work with you every step of the way to help you achieve it. so let us focus on the how. just tell us - what's your why? what we saw his two, >> three weeks in, >> october, whom, and instead of flattening out -- particularly in switzerland. guy: that was axel lehmann speaking to bloomberg in september. there are reports now that those comments are being investigated, credit suisse shares under pressure, falling to a fresh intraday low. joining us to discuss this is tom. the regulators are having a look at these comments. we do not know how far the investigation will go. we do not know how seriously we should take this. what it does underline is a trust issue that investors have in credit suisse, and that is why we ar

well. we have plenty more ahead. this is bloomberg♪ lomita feed is 101 years old this year and counting. i'm bill lockwood, current caretaker and owner. when covid hit, we had some challenges like a lot of businesses did. i heard about the payroll tax refund, it allowed us to keep the amount of people that we needed and the people that have been here taking care of us. see if your business may qualify. go to getrefunds.com. yvonne: facebook parent meta is launching a subscription service to increase visibility. meta verified will cost $11.99 a month, targeted at content creators. the subscription will cost three dollars more if throughout paul's ios. meta is testing first through australia. -- could keep its units in the country so long as waste is shipped out. they failed to get approval for a unit which malaysian officials malaysian officials say generates radioactive waste. the science minister signaled the units could continue if waste is taken away. >> according to a press release between a meeting of the two companies on friday.

well. this is bloomberg. ♪ the first time you connected your website and your store was also the first time 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. total crude inventories rose to their highest since the summer of 2021. for more let's bring in our contributor. it really doesn't help the dollar was stronger today but how are investors reacting to this report? >> inventories jumped by 16.3 million barrels. it's a big increase but i have to mention it is largely because the iea used adjustment factor, no one really understands how it works. it is a difference between how much crude enters the market supply then how much leaves the market what they call disposition. it is negative for crude prices as we can see today, but traders i spoke with are saying they are focused on the macro picture. we know that for example trajectories for demand is much better but for supply it is not improving. also brand has flipped to degradation which t

> this is the skip for it covers the southern district of new york wesley for bloomberg news remember close to a plea as well as carry ellison members of the inner circle for sam bankman-fried very key figures as the united states pursues its investigation of sam bankman-fried. the former director of engineering over at ftx had attended a property for session which means the individuals could printed limited immunity to surety tells about what happened at ftx. this is very close to coming down the pipe as well as potential suit from the fcc. ed: thank you. i think we had some issues there with your mic but i appreciate your reporting and getting across the key details. let's stick in the world of crypto. the largest crypto exchange is considering ending relationships with u.s. business partners as regulators turn up heat. i want to bring in the person who broke the story, thank you for joining us. what are the latest details? >> we are learning that the global exchange is starting to have to think about a plan to retreat from the u.s. especially the remaining business relationships in the u.s.. binance is co

joining us is bloomberg's senior executive editor for energy and commodities. wellhrough this winter, where do we stand as we look to the end of 2023? >> if you look at the last year, we are probably in a better place than was expected. think back to march last year, oil was $140, last august, gas in europe was an astonishing 300 euros a megawatt hour, the equivalent of $400 a barrel, we are back to 250, still expensive but manageable and we have got through this winter in a fairly good place. at the moment, russia's plan to squeeze europe using energy failed. next winter, a lot will depend on the weather, we were very lucky that it was a warm winter and we had enough gas to get through. if we have a cold winter, it could get difficult again. the world is short of lng capacity. given that europe is not buying any gas through the pipeline, or very little, and won't be buying the same volume again anytime soon. europe needs lng. that lng was available. the problem we may have his china. china did not have gas or oil demand, people now seem to be optimistic about that

well oh i oh my god. oh nothing. no like logan bloomberg. i'm checking on his name bond. i'm thinking, i'm like, i'm trying to get an intake. i mean, ah, a b c can i've seen your take dogs a night and you're doing awesome. all the very best. a stuff like that actually i'm, you know, i'm working on the project. leak automatically is in the future. so, you know, i message or that like if you want to come, if you want to get auditions this, these do welcome it or you can get what you want. as a movie, i think i heard it as a gift card to get it is a still get a lake you up lean my interest. ok, you lake m a y b a u d. and when did we have, would you like that? ok, this is the see i have read that they have them. i huh . oh no, no no no go by bang. bang. 7 0, so oh, no woocommerce and come on board of wrapping on cookies. does it take care that there is? there is a boil. megan maida, harvey gayor nation. dinning many appli impressions are market i won't be, i'm not in my killer deal. oh, much again. only since they do scribbling with much of game in there. if you take a look

well. alix: great point ed, bloomberg's of the blow.ing up one of the biggest financial white belts and indian history. we will talk to mark mobius next. this is bloomberg. ♪ ♪ ♪ - if you're thinking about going back to school this is for you. ♪ ♪ - i ended up spending less money my entire time at snhu than i did in just one year at my other university. - my time at snhu has given me more confidence. now i can go for that promotion. - if you're ready to go back to school, you can do it. southern new hampshire university has changed my life and it can change yours too. - [narrator] visit snhu.edu. as a business owner, your bottom line is always top of mind. so start saving by switching to the mobile service designed for small business: comcast business mobile. flexible data plans mean you can get unlimited data or pay by the gig. all on the most reliable 5g network. with no line activation fees or term contracts. saving you up to 60% a year. and it's only available to comcast business internet customers. so boost your bottom line by swit

insuring russian ships or here, transporting russian oil to some non-european, well, or non- american companies, according to bloombergce the beginning of the year. more than 20 million barrels were transshipped in the horse bay, operations are being carried out near greece, but outside the territorial waters , the iofins say they can do nothing about it, similar activity was observed off the coast of north africa by such russian ships, including the soviet fleet. uh, loading in the russian port exit e, v. for example, the mediterranean sea. right there to the shores of greece or cyprus, and near them they are loaded into a ship of a larger one, then a knife. and when it fills up, it goes to the asian market. that is, it is more profitable to carry over long distances in a large tank. this scheme exists. she's legal. her nobody forbids forgiveness has repeatedly stated that she will not sell oil to those who adhere to non-market mechanisms and forbade exporters to work under contracts that refer to a price ceiling, meanwhile foreign analysts point out that even western companies for which restrictions, if family group

well. 7 0 i oh, my god. oh, nothing, no, like logan, bloomberg. cham audience why? i'm thinking i'm like, i'm trying to get an intake. i mean, ah, a can you give me a i've seen your take dogs a night and you're doing awesome. all the very best. a stuff like that actually i'm, you know, i'm working on the project leak automatically sets up in the future. so, you know, i message or that, like if you want to come, if you want to get auditions this these to welcome it or you can get what you want as a movie, i think i heard it as a gift card to get it. okay. it's a still get a lake you up lean my interest. ok, lake m a y b a u d. and when did we have, would you like that? ok, this is the see. i have read that they have them i oh no no no no bang, bang i know. 7 who was in come on, what's available a, megan, megan harvey, gayor nation, many, many appliance sessions. i'm not gonna run a b a r o a a 2nd ago. i yeah. i mean, i can't, i didn't. i didn't i didn't i oh, yeah, let a little let, let. oh oh, plan again. joe. allowing with oracle. st lane now mcclure truck dot dee

well. i am romaine bostick beside shelley, this is "bloomberg markets: the close."t a drop in the numbers is a complete shift in exclusion -- inflation expectations and fed expectations. >> a tough same half of the year, leaving a lot of questions on how you play the

as well as vladimir putin's support abroad and at home. francine: bloomberg's johnson there on the war in ukraine, when you're on from the invasion. one of the world's latest forms for political debate, the munich security conference kicks off today. the war in ukraine is expected to dominate discussions. we spoke to ukraine's deputy economy minister earlier about the situation there. >> the economy suffered a lot because it is obvious that the challenges we are facing are not coming without consequences. eventually, we must admit that the economy shrunk for at least 38.5 or 31%. we do expect little growth in the margin of 2% at the end of 2023. francine: for more of this we are joined by bloomberg's maria tadeo and munich. what are you looking out for at the munich security conference? maria: francine, we are back at the munich security conference. just this morning, the realization for everyone here a year ago volodymyr zelenskyy was here in the same hotel that you see behind me telling the world that ukraine does not want a war but is ready for it. remember

>> well, the markets are mixed but the message is clear, the consumer is still strong. "bloomberg markets" starts right now. let's get a quick check on these markets. you are seeing red on the screen at the benchmark level. it's interesting what's driving the trade. tech trade is up today, nasdaq outperforming in a big way without the same momentum or conviction we have seen in the past couple of weeks. tech rally today wasn't working enough. the bond market, i would argue this is where the action is. the two-year is where you saw that real volatility coming off retail sales data. we will dive into it in the next hour. the dollar index is taking a q from the two year yield, but then diverging a bit as we talk about european weakness, fueling the bid we see in the dollar, stronger by 8/10 of 1%. nymex crude trading down. economic data earnings telling you the same thing. right now retail sales are a key data point rising by, get this, the most in nearly two years earlier on bloomberg. take a listen to this reaction on the numbers. >> if you look at apparel and furniture, they showe

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sameer samana, senior global market strategist, wells fargo, joining us next. this is bloomberg. ♪ current caretaker and owner. when covid hit, we had some challenges like a lot of businesses did. i heard about the payroll tax refund, it allowed us to keep the amount of people that we needed and the people that have been here taking care of us. see if your business may qualify. go to getrefunds.com. 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. >> there is not yet much evidence that the rate hikes we have done so far are having much effect on the labor market. we need to build the labor market into balance. we need to newborn -- we need to do more. how much more question mark i don't know for sure. alix: that brings us to the question of the day. when do layoffs hit the economy? we keep getting announcement after announcement you are not seeing it reflected in underlying data. sameer s

over the year, their total number of wells increased by 7% , exceeding 7,800, writes bloomberg. enterprisesd not have a critical impact on the industry. in addition, russia's key oil companies outperformed 2021 financial results. the number of thefts from bank accounts in russia decreased for the first time in 7 years. according to the results of the year, their number decreased by 15%, to 870,000. however, the damage from the actions of cyber-scammers. on the contrary, it grew by 4% to 14 billion rubles. such data lead to the central bank , most of all illegal transactions had to pay for goods and services on the internet. about the most damage is related to remote banking and fort will fire almost 4,000 employees in europe this is about 11% of the company's staff in the eu, almost all the reductions will fall on germany and the uk, where the largest factories of the automobile concern are located. fort attributed the dismissal to the transition to the production of exclusively electric vehicles from 2035. and because of this, the company will no longer need a large number of specialists i

well, just not to the one that bloomberg initially counted on , clarifies that the main board broke downntly replaced in the states harris went not so comfortable anymore. i had to fly on a military transport. the united states is not averse to the european union dragging out a war with russia europe is already teetering on the brink. this was stated by hungarian prime minister viktor urban noted that everything started with supplies of the regime to zelensky, but now we are talking about long-range missiles and combat aircraft. and the states are ready to make good money on this, and aleksey golovkov’s bloody restart of the american vk. the small american city of cranton, pennsylvania has so far been famous for two facts: president joe biden was born here, and the popular tv series the office was filmed here. and now, for everyone who wants to continue hostilities in ukraine, the city. a. more precisely, his weapons factory is a symbol of hope that the ukrainian army will not run out, reporters of ammunition. cnn filmed the whole process of turning hot ingots into shells. caliber 155 mm

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well. you've been crunching the numbers and looking with the bloomberg intelligence team that's been puttingh which had all that momentum we just talked about in january. but i'm terms of the magnitudes of beating expectations, there were certain sectors that have really stood out. >> there definitely are. when thinking about technology, we had interesting data recently about this talking about how the bets have proved to be pretty expensive this year, especially when it comes to hedge funds. 10 of the most shorted stocks have delivered almost $17 billion in combined market to market losses for bears to actually last thursday, but not surprisingly tesla is among the big gains when it comes to those leading short seller losses. looking at paper losses, more than $7 billion. not surprisingly, it was typically the most shorted stock last year but even beyond that company, apple, meta, amazon, those rallies have also begun to weigh on short-sellers. when i was talking to chris murphy, he was talking about how these valued stocks, they could still be attracted to short-sellers eventually. he thin

well, i, that is, this step can be thrown in one case. here is what they started discussing and there is a leak to bloomberg that they started discussing theg named. well, like a manual for introducing war on e, several fronts and waging war outside the alliance are serious symptoms, because the line that says that it’s still possible, yes, to finish off russia. all the same, if we arm them again, and austin says, we will force the ukrainians to launch a counteroffensive in the spring. now let's upload create some. by the way, here, well, military assessments are not very comforting for them. how much can they create for the inhabitants of the counteroffensive? well, let's create, go on a counteroffensive and solve such russian issues. and this line is serious fundamentally. look at the table for sure, how he discusses it all at the same time. it was also important that nato allies provide more support to ukraine that's all, they need to provide more ammunition, as well as help increase production and strengthen our defense industry. indeed, to be able to provide ukraine with the necessary ammunition, as well as replenish our own stocks of

bloomberg. shery: still ahead, the chief economist and kpmg gives us or take on the japanese economy and its prospects. up next, walser wealth management gives is the outlook on federal reserve policy as well as geopolitical risks for 2023. this is bloomberg. ♪ haidi: you were watching "bloomberg daybreak: australia." we get a sense of whether global central banks are making progress in their fight to curb inflation it did a duet from india, the u.s., and the u.k. indian households see inflation moderating, data from december showing price growth slowing suggesting inflation has speak. on thursday the philippine central bank is expected to hike rates again. we will be getting a rate decision out of the bank of indonesia. job numbers out of south korea, gdp figures out of singapore, japan, and thailand. the japanese government is nominating udea to succeed the outgoing governor. we will be expecting a formal nomination to be submitted on tuesday. that is your week ahead. shery: our next guest says we need to buckle up as 2023 could see the largest economic chips ever. walser wealth management president joins us now from tampa florida. good to have you with us. would one of these economic ch

bloomberg's reporting shows there were three times during the trump administration as well. of the speculations is civilians actually saw this one and said what is that. >> right. >> this may be the first time the american public noticed one of these, and there's why we've known about it as this one has flown across. >> really interesting. >> thanks, scott. >>> president biden will deliver his second state of the union address tomorrow night. he's expected to cover a wide range of issues from the economy to international security and policing and gun violence. watch the president's address right here on nbc bay area. coverage starts at 6:00. that is tomorrow night. >>> looking outside this midday, of course the golden gate bridge, a beautiful shot there as we get started with this monday. but you know what? what you can't tell is how cold it is out there. >> it's been cold to start out our mornings, but it's getting a little bit better out there if you're getting ready to go out for your lunch hour. we've seen our weather clearing out. i wanted to zoom way out to show you th

billion dollars , this previous figure was published by the bloomberg agency, damage to infrastructure, including roads and power grids, as well as hospitals and schools, may lead to the fact that turkey's budget deficit will exceed 5.4% , and the gross domestic product is at the end of the year according to the indicator of the year . they will restore housing, they will build new houses , i understand . and for the liquidation of the consequences of this natural disaster, which we see on the screen, almost five and a half billion dollars have already been allocated. not the latest figures of economic losses, i will tell in detail later, i traditionally talk about the economy of the aggressor country, and this week interesting information appeared , saying that the white house is preparing an economic surprise for russia on the anniversary of the direct invasion of already this week, they promised our state that they will appear, but i'm not here , i hope so in the next few days, uh, new sanctions, that is , they are going to introduce a 200% duty on aluminum from the aggressor country to the united states, they are also targ

manus: sometimes the first dance does not go well, and then we learn to step differently. bloomberg's alex webb up on disney and alphabet. the u.s. is the high chinese balloon it shot down last week is part of a years-long, global surveillance effort by beijing. >> this was an air responsible act in response to wish we acted responsibly and prudently to protect our interests. we already shared information with dozens of countries both from washington and our embassies. we are doing so because the united states is not the only target of this program which has violated the sovereignty of countries across five continents. manus: the schedule rebecca choong wilkins, joining us for more, this is the americans finding the offramp. now we just need to meet the chinese halfway up, rebecca, good day. >> i think it might be early to say that the u.s. is really striking a significant conciliatory note. if you were expecting balloons to be not front and center in the u.s.-china relationship, you will be disappointed. biden and blinken both overnight seem to be using this event to underscore china

well. this is bloomberg. ♪ >> ok. good tuesday morning. welcome back to shows here.e're about halfway through the earning season on asia pacific. most of the earnings have come from japan the likes of australia. we're entering the thick of things in china. a lot before we move into this is from those marks. some key highlights that's based on where we do have information data to compare the estimates most have missed forecast. some highlights to get about halfway through. the majority of stocks in all 11 sector groups have missed. i.t. had some big bright spots which is why an aggregate you're seeing such a sizable beat. 260%. in terms of two sector groups which perhaps you've seen the most pain. industrial and staple both with the biggest negative aggregate earnings surprise. so that wraps up what we've seen in the last four weeks or so. also to end in this, since we're wrapping up the month, this week pricing as far as the fed is concerned this week, we're now at 5.6%. so from the start of the month, that's about give or take about two additional rate hikes the mar

bloomberg. you discussed these supplies of f-16s. >> stocks are still down but well off of session lows.il doolittle is tracking the moves. >> the story of last year and today the story as well. yields up, stocks down. the s&p 500 had been down 1.7% and is now down 1.1%. let's look at what is happening technically. we are looking at this downtrend of last year into the sideways uptrend. we are hitting two different levels of support and holding the 200 day moving average. it seems now long-term buyers are stepping up and will maybe bounce off of the support into some kind of move higher. boeing is down about 4.3%. the worst day of the year. this on halting dreamliner deliveries. adobe down 7.3%. the white house talking tough on mergers and awkward stations. live nation's and carvana down sharply on earnings. we are one year into the war in ukraine. one sector that has been doing well over this time is the defense contractors over the last year. we have a fair amount of green on the screen here, guy. >> we certainly do. interesting see some -- to see some of those defense contractors in t

and prior to that, liza's spent nine years at bloomberg news and television too as well. so welcome both of you to this talk. maybe i'll just start first by asking you guys about the how things have changed, because when the time when josh and i were both reporting in china, we're talking back india your 2000 to early station was a very different time. yes. we as foreign reporters, we were surveilled. we were aware that most were being watched. but at the same time, there was a deep awareness at that time that a feeling that with the advent of the internet, that this would be a cover that would, you know, pry open the government's control and lead to a much more open society. and that, of course, has was a wrong assumption. so how did we go from that kind of utopian view to this decidedly more dystopian view that you present in your book? yeah, i it it is remarkable to think back on those times and you know, and there's that experience. i think a lot of reporters have in china that when you're there, you think it's the worst it's ever been. and then three or four years go