alix: carsten brzeski of ing. you have the nasdaq 100 sitting at a closing record high, so coming up, our question of the day -- what will stop the everything rally? the boe did not, the ecb did not, what will? kristin bitterly is at citigroup global wealth. she joins us next. this is bloomberg. ♪ ♪ (when the day that) ♪ ♪ (lies ahead of me) ♪ ♪ ( seems impossible to face) ♪ ♪ (a lovely day) ♪ ♪ (lovely day) ♪ ♪ (lovely day) ♪ ♪ (lovely day) ♪ a bank that knows your business grows your business. bmo. ♪ >> i think you can say that there is little basis for thinking the economy is in a recession now. there is always a probability that there will be a recession in the next year. inflation has eased from its highs and this has come without a significant and recent in unemployment. we still have a ways to go. no one is declaring victory, that would be premature, but inflation is still too high. ongoing progress in bringing it down is not assured. participants did not want to take the possibility of further hikes off th

carsten, if you could please _ than is necessary.essary. carsten, if you could please stay there _ than is necessary. carsten, if you could please stay there for - than is necessary. carsten, if you could please stay there for us, i than is necessary. carsten, if you| could please stay there for us, we really appreciate your take on that battle of ideas, as she said. let's go back to david in the newsroom. you've been monitoring some of the reaction coming in? just you've been monitoring some of the reaction coming in?— reaction coming in? just some more detail from — reaction coming in? just some more detail from the _ reaction coming in? just some more detail from the monetary _ reaction coming in? just some more detail from the monetary policy - detail from the monetary policy committee. we did hear already that some _ committee. we did hear already that some of— committee. we did hear already that some of the committee were voting for a raise. — some of the committee were voting fora raise, some were some of the committee were vo

carstens: to answer directly, they are always very fragile.e try to give families a sense of what is happening during the discussions, there comes a time where we told the families we just can't talk about it anymore because it seems to get to that point where everything hangs on a thread, and that if there is one leak, the other side may collapse the negotiation. on this one we had details to work out. a lot of good work was done by the united states, particularly by the white house and state department. i think we got to the point where we had to find tune a few things. on the 20th we spent about four or five hours on a hot airplane tarmac. you can picture six airplanes with their engines continually running. and just going back and forth between these very loud planes with that heat coming off the tarmac, trying to ensure that everything was wrapped up so we can begin the switch between the americans they were holding and the person we were holding. at the end of the day, we were able to pull it off. i think a lot of people put the work int

. >> talk through this, carsten. you say the beginning of the year is sluggish.he dax and italian ftse mib are on pace for the best year since the pandemic. what changes? >> we he look at the stock market and it is remarkable. this looks as if the european countries had grown in 2023 by 2% or 3%. this is not true. the german economy in 2023 will end up in recession. the eurozone economy will have grown by 0 .5%. i look at the delayed impact from the policy in 2023 and 2024 will weigh on investment and consumption. the first half is the reality check for the investors when the economy the will not be able to fulfill the dreams that investors currently have. the first half of next year will be a tough one. then come in interest rate cuts by the ecb and the recovery of the economy means the recovery of the european economy. >> there are a lot of geopolitical tensions with the war in ukraine and is raelisrae war. how is that impacting the european markets? >> there is always an escalation possible. it will have a negative impact on the markets in the eurozone with uk

>> reporter: roger carstens of the u.s.government special presidential envoy for hostage affairs, and was part of the extensive team involved in negotiating the prisoner release. >> we left with everyone right now. there are no more americans left in venezuela that are being out in the present facilities. >> reporter: the deal also included the return of the infamously corrupt military contractor known as fat leonard francis. he was the mastermind the largest bribery scandal in u. s. naval history, and escape to venezuela last year after his conviction in 2015. an exchange, the u.s. agreed to return alex abe, close ally of the venezuelan president who was facing prison time in the u.s. on corruption and money laundering charges. >> if you don't make a hard decision like this, you are basically writing these guys off. because the other side never asked for something easy. >> i'm incredibly grateful. i'm sorry, i can't even speak. >> reporter: evan hernandez was wrongfully imprisoned venezuela for 630 days. he says he was hel