catherine mann in moments. and line-up the losers, from marines across a wheat field in france to a navy pilot midway to a guest at the hanoi hilton, president trump must confront the military amputees. good morning, everyone. this is "bloomberg surveillance." from new york, from london as well, in washington, francine, there is no other discussion by jeffrey goldberg's essay last night, released by "the atlantic." it created an immediate firestorm. president trump aggressively denied the story, with, i believe, four sources cited early in the article. it is amazing how one story can shift a dialogue. francine: shift the dialogue, maybe, tom, but i don't know what impact it will have on the polls. polls, it is one of the interesting conversations in an election year, banks realize they could be one of the most volatile moments in the markets, if you look at the states or whether there is a broader change of heart toward change of mind when it comes to that november election. h, brilliant on that yesterday, talk

catherine mann.rsula fonda line -- she is can thea high target, european economy shipped fast enough and will it be an economic drag or benefit? how will it unfold? what is your view. catherine: we have been writing a lot about the climate affecting inner -- economic activity. we think the real key question is not just rebound and recovery in europe as well as other economies is to catalyze -- capitalize private sector investment, because capital investment collapse. to do that you have to combine spending, tax, and regulatory changes to create an environment where the private sector has to spend money on real stuff or equipment. how do you do that? you have to have a fiscal pivot towards something that will demand private sector response, and climate is it. money,ing forward the and the regulatory changes as well, she has sat out a target and a vision for europe, which pivot,present a fiscal and not only is it good for private investment, but there is the financing side as well and we know investors

catherine mann in moments. the losers, from marines across a wheat field in france to a navy pilot midway to a guest at the hanoi hilton, president trump must confront the military amputees. good morning, everyone. this is "bloomberg surveillance." from new york, from london as well, in washington, francine, there is no other discussion by jeffrey goldberg's essay last night, released by "the atlantic." it created an

guy: we were talking to catherine mann about this earlier, and her point was as we see europe tightend accelerating shift to a low carbon economy, as we see it being funded via green bonds, the markets are going to want a piece of this. as a result, there will be huge demands for these bonds and we will see a crowding in, we will see the regulatory environment changing, and that is likely to provide an incentive for the shift. what we are seeing is a pivot. in terms of how we price nongreen bonds out of europe, are we starting -- do we need to start to think about maybe this having a positive effect on growth and certainly in terms of industrial capacity? do we need to start rethinking our approach to europe? we need to start rethinking our approach to the bond markets in europe and the yields that will be charged on them? peter: i do not want to be too cavalier about the green or nongreen funding. it is a very important initiative. as you asked me about what the like, picture might look how the view toward europe might look, it is important that the funds that will be raised one way

particularly talking to catherine mann in the last hour, it is a glide path that could be a lot grimmerhan what we perceive right now. jonathan: at the moment though, got to separate two issues, direction and the speed at which we travel. the direction is positive. the pace has slowed down. but i just wonder if people down in washington, particularly as administration, are comfortable that this could continue for it was only a month ago that we were talking about the prospect of negative rents on payrolls, and the data has been positive. tom: there's no question they are comfortable. that is absolutely true. jonathan: more still to come on "bloomberg surveillance," with equity futures turning negative on the s&p 500. this is "bloomberg surveillance ." karina: with the first word news, i'm karina mitchell. we are learning more about russia's coronavirus vaccine. peer-reviewed data has been published in the british medical journal. preliminary results found that the vaccine produced an antibody response within all participants than 21 days and there were no adverse effects. opposition to