libby cantrill is headed public policy for pimco.k about all day with clients and the media. let's start off of course with china purchase briefly what do you think the latest news the rally on friday is. will it extended in a monday this is an important bit of information we have got? >> i think the markets evidenced by friday are very much welcoming these developments however and i think this is sort of what remains to be seen from a market perspective, this is more just a escalation than a de-escalation so the reality is even after friday's announcement we still have 360 million-dollar tariffs on goods in there seems to be a lot to get done and probably the apex summit in november. this is a reprieve that is welcome for the market? absolutely but is this the big structural deal that honestly u.s. trade adviser bob lighthizer says it's not even close. jack would be difficult and i matter who's negotiating it but a bigger question for me is politically. china is a pretty good behemoth to run against in 2020. you think donald trump w

libby cantrills about whether the beltway can do these big things at the same time. that is next on bloomberg television and radio. ♪ david: this is balance of power on bloomberg television and radio. i am david westin. speaker blocking a vote on the brexit deal. we handed back to emma chandra. emma: thank you very much. i am here with the former u.k. ambassador to france and the u.s.. thank you very much for joining us. mentioned, we have seen there'll be no meaningful vote on the brexit deal. --do expect the government the next step on trying to get the brexit deal past. obstacles in the way for the government. peter: that is right. a no vote today on the bill, i think the government included in its withdraw bill, the first thing will happen is we are worried about what it leads to. to renegotiatept customs union because they are worried the boris johnson version of the bill damages the u.k. economically more than the theresa may version. the other will be to try to ensure there is no possibility of a no deal and to see where that takes us. they might try to attach

i will talk to libby cantrill of pimco. starting monday, "balance of power" will be live on bloomberg television and radio, followed by a radio only balance of power our. that starts monday on bloomberg radio and television. we hope you will watch and listen. live from new york, this is bloomberg. ♪ david: this is "balance of power" on bloomberg television. we turned to mark crumpton for first word news. mark: a stunning attack at the police headquarters in paris. an employee armed with a knife killed at least four officers before he was shot and killed. it is not clear what the motive was. the killer is described as an administrator who worked in the intelligence unit. the paris police headquarters is located across the street from the notre dame cathedral. european union council president donald tusk says he is still unconvinced about the new british proposal to unblock the stall brexit talks, but he says he told boris johnson the eu remains open. the eu chief says he told ireland's prime minister the eu stands fully behi

to the roundtable with what you can do this week to move your portfolio but first pimco's libby cantrille. that's next. i'm your cat. ever since you brought me home, that day. i've been plotting to destroy you. sizing you up... calculating your every move. you think this is love? this is a billion years of tiger dna just ready to pounce. and if you have the wrong home insurance coverage, you could be coughing up the cash for this. so get allstate and be better protected from mayhem, like me-ow. the♪lexus es... so get allstate and be better protected from mayhem, ...every curve, every innovation, every feeling... a product of mastery. lease the 2019 es 350 for $379/month for 36 months. experience amazing at your lexus dealer. doprevagen is the number oneild mempharmacist-recommendeding? memory support brand. you can find it in the vitamin aisle in stores everywhere. prevagen. healthier brain. better life. now you can, with shipsticks.com! no more lugging your clubs through the airport or risk having your clubs lost or damaged by the airlines. sending your own clubs ahead with shipsticks.c

libby cantrill joins him today. let's check the u.s. markets one more time. be -- down .1, up .1, this is bloomberg. ♪ david: from bloomberg world headquarters in new york, i'm david westin. welcome to "balance of power," where the world of politics meets the world of business. on the brief today, carl riccadonna on the u.s. nonmanufacturing ism numbers. from london, david powell on weakening numbers and germany, and from washington, steven dennis on today's deposition in the house impeachment inquiry. we got the ice and numbers. not -- the ism numbers. not encouraging. carl: weaker than economists were anticipating. in line with what we saw in the ism.acturing ism concerns about potential recession in the u.s.. i would caution that even though we see the manufacturing sector in recession, that is not consistent with the broader economy dipping into recession. our forecast is for gdp growth to be 1.8% in the back half of this year. that is not yet reflected in the economic data. the data looked more like an economy growing above 2%. now that slower