strategist and coming to us from atlanta is matt c.i.o. , at fixed income. iraq, let's begin with you. the theme is fostering a dynamic global economy. it's really not the sensing for an ecb president or shouldn't be, be the setting for a e.c.b. president to intervene in the currency market and do anything spectacular along those lines. ira: i think what mario draghi wants to do is play with the themes that have been talked about this conference wants to focus on, things like regulation and are there things the central banks can do to stimulate the economy. janet yellen took a little bit of a step back though she was pretty pro regulation, she also said hey, there are tweaks that probably can be done, because of the interrelationships of all of these different regulations might actually be hampering growth and maybe we should look into that and i think mario draghi might come from the same type of approach. jonathan: martin, for investors, how have you prepared for the removal of accommodation in europe when central bank

alongside the unions, the c.i.o. that did the organizing, were 2 other institutions that were important then, and that may surpririse you. socialalist parties here in t the united states and the communist party of the united s states were powerf. they had a lot of people, and they worked together with the c.i.o. and together, they went to the government at that time, and they saidid 2 things: "we represent the mass of working people, and we don't wwant to sufferr the way we'e're suffering in this breakdown n of capitali. you gotta do something." and they addressed themselves to a kind of middle-of-the-road dedemocratic politician who o hd just gotten elected president on a program of a balanced budget-- franklin roosevelt. and they said to him, "you've gotta do something for the people." and the socialists and communists said, "you gotta do something for the people," but they added a little barb, "because we think that there's a better system, an alternative system, to capitalism. and if you keep performing as badly

-c.i.o., announced he's quitting, saying mr. trump's repudiate his forced remarks yesterday. >> sreenivasan: he doubled down. this was the person that almost was forced, as richard trumka says. you could see how uncomfortable he was. today he was incredibly confident, sure of himself. this is what he thinks. >> yang: yesterday we are told, especially chief of staff john kelly, pressed for what happened yesterday. they wanted to get this behind them so they could move on to their agenda in september, but the president brought it right back today, back to square one. >> sreenivasan: he was also defending... he took sort of several moments and opportunities to defend the alt right in not so many words by really pointing out there were other good and decent people there and even how he perceived the protests on friday night where those men were carrying torches. >> he also defended why it took him more than 48 hours to specifically condemn white supremacist, neo-nazis and the ku klux klan. >> i didn't wait long. i didn't wait long.

and when i spoke to the c.i.o.or the story yesterday, he told me that not only are they looking to replace people who are leaving, but they are really looking to add to their numbers. we expect that number to -- and their ranks of engineers at goldman to go up for the very reason you mentioned. scarlet: thank you so much. telling us about what's going on with goldman sachs. julie: we have headlines here. give them to you on the c.b.o. score. the c.b.o., the congressional budget office, has leased a report on the effect of terminating these key federal subsidies to obamacare. and the number you want to pay attention to here is premiums ll rise by 20% next year and by 25% in 2020. if the president ends these key federal subsidies to the program. the effect on no federal subsidies is uncertain. definitely depends onpolicy. here are initial numbers for you. from new york, this is bloomberg. ♪ julie: this is bloomberg markets. oil is diving for a second day. the price drop coming ahead of the inventory report. it's expe

coming up in the next hour, the c.i.o. at fed rated investors. this is bloomberg.e president, backed by his secretary of defense and some world leaders, has said he will take action if north korea doesn't back down. but what are his real options if it comes to taking military action? rob levinson is now senior defense analyst for bloomberg government. but in a life, he was a lieutenant colonel in air force, and he served in south korea. he joins us now to explain the options the president has when it comes to north korea. so, welcome. good to have you. what are the options as a practical matter? reporter: well, the options, if you're talking about the military options, i think what the president is going to be looking for is options that hopefully are limited in nature and don't provoke a wider conflict on the korean peninsula, should we have to take that kind of action. david: and are these air options in your opinion? rob: oh, yeah, i think everything is a variety of air options. you could see like tomahawk missiles launch from a submarine or navy ship. but basic