with the head of the country's largest group of unions, afl-cio president richard trumka. only on "fox news sunday". then the >> twitter and facebook are really treading on troubled territory. >>chris: we will ask our panel of white house talk of regulating google. for what it claims is political bias in its search service. and our "power player of the week". country music legend dolly parton on giving books to billions of children.

auto organized, cio. steel organized. textile organized.ers, woodworkers. ♪ land" beingis your sung] in three years, 5 million americans organized. cio. 1938. ♪ >> forget your troubles and just get happy you better take all your cares away sing hallelujah get ready for the judgment day ♪ forget your troubles and just get happy you better chase all your cares away. berlin. chancellor adolf hitler told reporters today germany had no territorial ambitions. he claimed all allegations to contrary are all occasions an international jewish conspiracy. 1939.or: poland, [explosions] ♪ ,oland, denmark, norway luxembourg,gium, france, yugoslavia, greece. 1941.er 7, [explosions] pearl harbor. a present from tokyo. ♪ in the african hills, on the weak islands of the pacific, got the message the days when the united states could sit isolated behind its oceans were gone forever. better orn, for worse, it was one world. the battle line ran from the philippines to iwo jima, from from al normandy, .lamein to stalingrad the battle line ran through pittsburgh,

cio fort host is the international fixed income, j.p. morgan asset management. they have raised the eighth time. , started the show with this the financial conditions easiest since 2008. i get the sense this is a fed who could be doing more aggressive hiking the market currently anticipates. >> absolutely correct. the key when you look at the economy is look at financial conditions. interest rates are one component. the other is the dollar and the equity market. when you look at financial conditions, they are still loose. the fed can be a lot more aggressive than markets are currently anticipating. morgan stanley reinforcing their recommendation for a flattening u.s. yield curve, saying the market is mispricing the fed at both ends of the curve. are we going to see more flattening? >> probably not. probably the opposite. the big driver of the back end of the curve is inflation. inflation is likely to go up for two reasons. you heard jay powell. growth is on fire. that is inflationary. the other, oil prices. when you think of the impact of oil prices, they lead s

auto organized, cio. steel organized. textile organized.rkers glass workers. >> ♪ this land is your land this land is my land from the new york islands -- from the redwood forest to the new york islands ♪ >> in three years, 5 million americans organized. cio. >> 1938. >> ♪ forget your troubles and just get happy you better take all your cares away sing hallelujah, get ready for the judgment day forget your troubles and just just get happy -- just get happy better chase all your cares away ♪ narrator: berlin. chancellor adolf hitler told reporters today germany had no territorial ambitions. he claimed that all allegations to the contrary are fabrications circulated by an international jewish conspiracy. ♪ narrator: poland, 1939. [explosions] ♪ >> poland. denmark. norway. holland. belgium. luxembourg. france. yugoslavia. greece. december 7, 1941. [explosions] pearl harbor. a present from tokyo. ♪ >> in the african hills, on the bleak islands of the pacific, we got the message the days when the united states could sit isolated behind its ocean

. >> president trump is taking on one of the nati's afl-cio saying the administration has done more to hurt workers than help. the president touted the strong economy and his rebutt. feud. >> reporter: on a day some mixe messages from the president for america's workers. just days after announcing a freeze on federal employee wages, president trump tweeting the american worker is doing better than ever before. and attacking the head of the afl-cio who disagrees. >> unfortunately to date, the things that he's done to hurt workers outpaced what he's done to help workers. >> reporter: on sunday richard told fox news that despite unemployment rates, workers are suffering. >> wages have been down since the first of the year. gas prices have been up since the first of the year. so overall workers aren't doing as well. >> reporter: at labor day events around the country, some workers also voiced concern over the president's policies. >> manufacturers aren't ready to be able to go out and produce products. our members aren't going to work. >> reporter: president trump who calls this the strong

. >> the stock market is the easiest one they think 30% i'll continue forever that's what the cio was in so next time around they go up by 20%. now it's not the law of averages, they get the best score of the masters the first year and then second, third, fourth, fifth. the student who doesn't get the lowest score they only go 20%. so for the example right now the dow jones industrial average one company goes out one goes in. what do you think will be a better investment? sumac most people would say it must be cvs because their strong company and they're doing great. and ge is struggling. they say it's probably not as bad they probably had some bad luck. cvs is probably not as good as it seems and probably had good luck. so it's probably a better investment. study shows that the stock psycho into better than the stocks that go out. >> host: regression of the means when it comes to politics. >> guest: every president ever elected has low popularity rating at the end of their first term than they had at the beginning. so for some reason or another we think that god is going to save us a

with the head of the country's largest group of unions, afl-cio president richard trumka. only on "fox news sunday". then the >> twitter and facebook are really treading on troubled territory. >>chris: we will ask our panel of white house talk of regulating google. for what it claims is political bias in its search service. and our "power player of the week". country music legend dolly parton on giving books to billions of children. >> there are many things i do. this is nearest and dearest to my heart. >>chris: all right now on "fox news sunday". hello again from fox news in washington. the big story this week is confirmation hearings for judge brett kavanaugh. president trump supreme court nominee that could shift the balance of power on the court for a generation. brett kavanaugh faces days of tough questioning from the senate judiciary committee. but first, the nation's long goodbye to senator john mccain. he will be laid to rest and a private ceremony at the u.s. naval academy in annapolis which meant so much to him. fox news corresponded peter doocy reports. ♪. >>rep

vaughn hilliard is on the ground in milwaukee where the annual afl-cio celebration is underway.aukee, other than what appears to be a lot of rain, in the response to the president's handling of trade issues? >> reporter: yeah, ali, this is labor fest. it has been raining throughout the day. we are part of a parade earlier. while we have not been using an umbrella most of the day, it's coming down. you have several thousand union members from across wisconsin that are here. recall wisconsin, michigan, they are one of those states where a lot number of union members catapulted in november 2016, which is an issue coming up here in wisconsin this november. the likes of scott walker, the governor here is up for re-election. there is a senate race at hand. but not just trade issues that we have heard about where richard trumka was talking about this morning, but also issues important to union labor. i want to bring in tom. he is a machinist with local 66 in racine. this is steve, who is a teamster in local 344. i want to ask you both, just open-ended question, your thoughts on preside

as a result of i was surprised at tone of the afl-cio president yesterday.o the man but he is truly is. pete: online poll of blue-collar workers asking him about their jobs. 86% are satisfied with their jobs. 85% are headed in the right direction. 91% proud of work they do. the jobs provide a good living. these are not, 40, 50, 60% numbers. these are 80, 90% numbers, for folks who felt before like they were forgotten. >> pete, i live in las vegas as you know and which were the worst in the country when it came to the real estate crisis. if you drove around now, saw workers, how happy they are, and the growth of las vegas, which i think is microcosm of other cities, tremendous growth, workers are ecstatic. they're working weekends, working nights. infrastructure here he is saying that is not going on in america. one thing that offends me, i'm so tired of hearing it, he said republicans don't care about workers. i just don't understand. i've been in business for 37 years, multiple different businesses. i employed people over those times. i enjoy and love worke

a new nafta means for america's workers with the head of the country's largest group of units, afl-cioresident richard trumka, only on "fox news sunday" ." then. >> twitter and facebook, they are really treading on very, very troubled territory. >> chris: we will ask our panel about regulating google to what it claims is political bias in its search service. and our power player of the week. country music legend dolly parton. >> there are many things that i do, this is the one that's nearest and dearest to my heart. >> chris: all right now now on "fox news sunday" ." and hello again from fox news in washington. the big story this week is confirmation hearings for judge brett kavanaugh, president trump's supreme court nominee who could shift the balance of power on the court for a generation. he faces days of tough questioning from a senate judiciary committee. in a moment we will speak with two leading members of that panel. but first, the nations long goodbye to senator john mccain senator john mccain. mccain will be laid to rest today in a private ceremony at the u.s. naval academy i

all time for me to tell everyone what's going on to fight the courageous activists color gemstones my cio corner until august losses on the matter because a loss and sit down and. blood. well. the borneo case starts october ninth b.t.w. . welcome to focus on europe i'm sumi so much going to it is great to have you with us europe is facing difficult times the independence movement in catalonia is picking up steam again nearly a year after the region how the.

they do for being with us, the cio from crossbridge capital. for me, anna: don't rub it in. us this week.r man this is bloomberg. ♪ guy: good morning and welcome. this is "bloomberg markets: european open." i am at the london aviation center in islington. my cohost in berlin, matt? with asian stocks dropped the regional benchmark heading for the lowest close in a year as investors contemplate the risk of weaker growth thanks to woes in emerging markets and the trade war. cash trade is less than 30 minutes away.

generally but you have to be afraid about muslims and generally take a religion then you do the job of the cio just we have invented human rights and not christian rights. with even his own political allies wavering hungary's premier viktor or bonus facing a tense wait for the vote in the european parliament. let's catch up now on some other stories making news around the world russia's president vladimir putin says russia has identified the two men suspected of poisoning a former spy and his daughter in england he says they are civilians and there was quote nothing criminal there u.k. security forces had named them as russian intelligence officers. officials in afghanistan say the number of people killed in tuesday's suicide attack in london her province has risen to sixty eight it happened on the highway between the eastern city of jalalabad and the main border crossing into neighboring pakistan. the leaders of ethiopia and eritrea have reopened crossing points on their shared border for the first time in twenty years it comes after they signed an agreement in july to restore ties eighty tho

regresar no mirar am i fan tras un vidrio y contento de respirar el aire de la libertad, pienso que la cioporque quienes ayudaron a jutntar este dinero es irrazonable y que permite que más familias estén separasda por no poder pagar las altas cantidades de dinero. Él pretende disfrutar con su familia porque estaba preso de marzo de 2017 >> tenemos imágenes del centro físico de california con un sismo 3,6 de intensidad a 3 millas es una información en desarrollo >> un sujeto tras las rejas por sospecha de secuestrar a hombre y obligarlo a ir a varios cajero automático a sacar dinero pudo llamar a la policía tras ser liberado en san salvador se pide a cualquier persona que tenga información de incidentes similares >> oficiales de la policía son entrenados para comabtir la sobredosis de opioides y lo tendrá a su disposición agencias están ayudando a reducir las muertes por esta causa que cobra 115 vidas diariamente a lo largo de la nación >> en san mateo un hombre fue arrestado tras atrincherarse varias horas la situación se registró poco antes de las 1 de la tarde, las autoridades cerraron l

cio tospeaking to the talk about what's going on next.een watching out for key things happening in congress. aheadre back in session of midterms. she says a lot of things when it comes to trade and will have a lot of implications for markets as well as currencies. ramy: about one hour after that, we will be speaking to the global macro strategist, and we are going to be looking ahead of course to two big tariff trade events, mainly china and canada, affect thet may market news of the day. haidi: we were talking earlier essentially about this idea that this kind of trump policy on china 20 more innovation within china. we will be speaking with a chairman and ceo. tom mackenzie spoke with him about aia ambitions in china and the return of facebook and google. this is bloomberg. ♪ i'm all about my bed. this mattress is dangerously comfortable. when i get in i literally say, ahh. introducing the leesa mattress. a better place to sleep. this bed hugs my body. i'm now a morning person. the leesa mattress is designed to provide strong support, r

richard trumka, head of afl-cio represented his union poorly on television this weekend.things he said are so against the working men and women of our country and success of the u.s. itself it is easy to see why unions are doing so poorly. a dem. >> 12 1/2 million workers. that is what richard trumka, that is how many workers he represents. he want as three-way deal because a lot of states actually depend a lot on the canadian trade back and forth but i think the canadian government recognize this is posturing. this is a tough negotiation. the president is very good at this. given his background in real estate. they fully expected harsh rhetoric. they're fully seeing that right now. i think they want to come to the table as well at this point. so they have a lot riding on it. cheryl: what happened on friday when the comments to bloomberg were published. >> that is part of the reason for the delay. the good news a lot of hard work is already done. chrystia freeland, the canadian foreign minister aid specifically a lot of the work is done on auto. that was really the big bu

yvonne: but up next, the deputy cio tells us why she likes valuations in em right now. this is bloomberg. ♪ yvonne: this is "daybreak asia." i am yvonne man in hong kong. ramy: i am ramy inocencio in new york. president trump is saying a new north american trade deal will happen with or without canada. talks between the two countries do resume later on wednesday in the u.s. as the white house also prepares to roll out new tariffs on products from china. a lot going on. joining us from minneapolis is the deputy cio, carol. good to see you. twin trade events. one with canada, one with china. investors are probably wondering how do i figure this out? where do i put my money? i think investors actually are sidelining a lot of the trade issues and focusing on fundamentals, which have , and so weite strong have seen it, because with news announcements as they come out on the tariffs, the markets andcally shrug them off when you watch the way it performs with any hint of good news on tariffs, it levitates higher, if you will, the domestic markets are attracting a lot of capita

afl-cio president richard trumka criticized the president and the trade negotiations saying canada can'tafta. he says president trump's policies are devastating to american workers. the president fired back on 26th saying trumka is hurting american men and women and it is easy to see why unions are doing so poorly. pope francis used the pulpit for his resignation and during monday's mass the pontiff said the only way to deal with people who seek scandal and division is to remain humble and silent. last week they confirmed he lifted sanctions against disgraced paster. >>> aretha franklin's family found the sermon disgraceful. williams referred to fatherless homes as quote abortion after birth. he dismissed the black lives matter movement saying black lives do not matter unless blacks stop killing each other. a spokesman for the reverend says he respects the family's opinion and he's sorry they feel that way. >>> a doctor and a nurse at a california hospital recently discovered they have a very special relationship. >> she has been a nurse for three decades, one day she realized the doctor

estados unidos aunque la visa estÉ caducada si es que Él no hacia salido de estados unidos entrÓ legal y ciÓpara jÓvenes con daca no recomiendo solicitarlo, y corren el riesgo que si salen y no tienen el permiso han abandonado su daca y servicio de inmigraciÓn podrÍa dejarlos no hasta entrar, aunque haya mshgz mi mshgz... gracias. >>> gracias por estar con nosotros vÍa redes con ella. >>> les va a cont era contestar a sus preguntas, buenas tardes, abogada, gracias. >>> buenas tardes. >>> miren esta historia. tiene 11 aÑos y seguro que vean a ar d ella se llama sofÍa sÁnchez y cuando fue su cumpleaÑos el mes pasado. pidiÓ dos deseos uno ver al rapero drake que fue a visitarla al hospital del chicago donde esperaba trasplante de corazÓn y hasta hizo un quique challenge. hoy ya ha parece que ido entre los medios y dice que se siente muy bien, y que estÁ grados ida porque la vida le ha dado una oportunidad Única. >>> hermosa sofÍa. >>> al regresar en las noticias. merece una tarjeta ronald por la ch en el laboratorio de persil, nuestros científicos trabajan duro. ¿qué tan duro? analizan el nuevo

wondering is there a change coming and we've got this in course to with us now in studio the u.n. a cio. special envoy for the central mediterranean situation pleasure to have you with us sir thank you for your time why those those numbers are grim both are absolutely grim but the point to make is those are from previous years you've got new numbers which seem to suggest a change in the train you know talk of years there is still a bit of increase in terms of crossing from morocco to spain about twenty twenty thousand people disappear by sea but you have an eighty percent decrease in terms of our arrival to eat only from libya only about twenty thousand people have arrived to italy and the numbers for greece decrease or source i think it's quite important to see that overall we have less people crossing the mediterranean but do chance that you die and i was moved from what out one out of forty eight last year to one out of eighteen now so what do you attribute the change in numbers to the idea that if we just focus on the fact that there are fewer crossings actually happening is there i

the head of the afl-cio represented his union poorly on television this weekend. things he said were so against the working men and women of our country. the president's trade war is having a real-life impact on american companies like harley-davidson. the motorcyclemaker is moving some of its manufacturing abroad to deal with blowback from europe to the president's tariffs. nbc's vaughn hilliard is in milwaukee, wisconsin, where harleys are made. you're at labor fest. of course, marking this labor day. what are you hearing from voters there? >> reporter: good morning. this is labor fest in milwaukee. we're in the labor parade where they have the electricians, plumbers, boilermakers, the letter carriers. you've also got a lot of steel workers, iron workers. it's a very tense situation because, well, the president is opening up those negotiations with canada here this week. on the potential renegotiated nafta deal. also engaged in conversations with the eu. there are still no actual deals put into place that the president promised during the campaign trail and so f

but sabrina, the assessment you just got from the afl-cio, it's far from that. >> well, we knew that the president campaigned on a very protectionist agenda when it comes to trade. and i think that the challenge has been that he has not really negotiated in good faith when it comes to either recrafting nafta or even in you look at the ways in which he has levied tariffs against other key allies in europe, which in turn have invited retaliatory tariffs against the united states. which are primarily hurting both the american manufacturing industry as well as the u.s. agricultural industry. and frankly, the irony is that these are people who overwhelmingly supported president trump in the november election. and so this is actually hurting the president's base. and i think that a lot of that will also factor heavily into how republicans in congress weigh how to proceed when it comes to whatever the president might send their way. there has been some support among republicans to even limit the president's authority when it comes to trade and when it comes to imposing tariffs. so that's go

still with us is patrick armstrong, cio.t ask you about factor investing, are there styles that you lead towards? now, theright discrepancy between growth and value that danny -- dani talked about our extreme. the value index is up about 17%. it has not, because the growth companies are growing faster, it is just multiple expansion. we are at a point today where, if you get a dollar, that is worth, and if you are tech company, it is worth 50% more as a growth company. that kind of divergence is very rare. stealing ineople the growth. these companies are basically bulletproof your -- bulletproof. and what we saw from china might be what we saw bank stocks. there is a question about business model, whether it is millennial's moving away from facebook, taxes in europe, there will be some big regulation. anna: i have got a chart that shows that. i am really intrigued by the far right, a very far -- long-term chart. at the far right, you can see that growth fell off. but then, growth picked up and value has languished. patrick: t

shannon supposed to, the cio over at boston profit says that fees are really important when decidinghat product to use. on the other end, we also heard from dan draper at invesco. he says a lot of people are probably mixing out. -- he said a lot of people are probably missing out. people are paying too much attention to the fees. they are not the end-all, be-all. we have heard of before, but you have to look past the fees to see what is going on beyond the loan cost expense ratios. -- the low cost expense ratios. as we heard from then about the smart beta ratio, this is probably why those products will find a place in the future, even more so going down the line. scarlet: thanks to ben lavine of 3-d asset management, and sarah ponczek. coming up, shawn mcninch walks us through the process that active investors need to take to enter the etf world and the pitfalls to watch out for. one etf that caught our attention this week, the select sector fund. it took in $135 million last week, the most since it launched in investors starting to shift june. their cash before indexers reclassify s

jonathan: joining me is diana amoa of jpmorgan, and scott thiel, deputy cio at blackrock. plus, coming to us from chicago is colin robertson, head of fixed-income at northern trust asset management. talk about what is happening in italy. how big a risk is a budget deficit of 2.4% of gdp? diana: markets had been expecting something below 2%. we had numbers closer to 1.6%. 2% was really the top side the markets had been expecting. 2.4% is not a great number, particularly in the context where in the past, they have been able to meet their one-year projections. this time around, they don't necessarily have the tailwind that they have historically had, and you have higher rates coming through as well. scott: it's important to take the number in the context of market expectation. italy had been meeting with investors to talk about this number in particular, but more generally the italian situation overall. they guided us to a number that was closer to below 2%. i think it's about the surprise that it is, not only for one year, but for two-year that is relevant. it is 2.4%. keepi

from time for me to tell everyone what's going on to fight courageous activists come against tom my cio corner in terms of the business plan system and because they lead to the office of the man. but who will move. the borneo case starts october ninth on g.w. . this is g.w. news live from berlin to fish president richard tai a bad one wraps up his trip to germany with a visit to the western german city of cologne wakey inaugurated a mosque opponents and supporters staged arrival demonstrations ahead of his visit we'll have live and since. i know that quake and tsunami have left hundreds.

me to tell everyone what's going on to fight the courageous activists cut their guns to come to my cio corner and to lead the sponsors on the matter because they lead the office of going. to but who will make. the borneo case starts october ninth show on t w. n n own. room played. played. this is what every news life for her when tough sell president trunk makes the case for america solver dick rejects globalism and calls on the nations of the world to help bring down the iranian government. we ask all nations to isolate iran's regime . as long as its aggression continues. and we ask all nations to support iran's people as they struggle to reclaim. their religious and righteous.

oftt thiel, deputy cio income is still with us. not the fed them -- preferred inflation measure. it came in better than expected. when you balanced those two bits of data, what did that tell you? scott: the fed is on a relatively preset course for the remaining part of this year, and if you look at the inflation profile in the u.s., although it is strong, it not accelerating at a dramatic rates, so that gives them time to reflect upon the economic activity on the base of inflation. the report had some particular it is related to it, but more generally on trend, inflation is relatively close to target. for the fed, it is an interesting time because they have raised the rate quite a bit over the last several years. and in our view, as they approach the end of this year, they may become a little bit more reflective upon not only the rate of change, but also the level of the fed funds rate. and so, you know, as we talked about earlier, kind of income or the intermediate part of the u.s. yield curve, getting close to 3%, looks like an i

generally but you have to be afraid about muslims and generally take a religion then you do the job of the cio just we have invented human rights and christian rights. with even his own political allies wavering hungary's premier of victoria or bonus facing a tense wait for the vote in the european parliament. to brazil now where the workers' party is named a replacement candidate for october's presidential election taking over from the jailed ignacio lula da silva it's also former mayor fernando haidar to try to dislodge brazil's current rightwing government they're relatively unknown her dad was due to run as a deputy but now he takes the reins from the ex-president who reportedly made the decision from his jail cell. hopes a groundswell of support following is incarceration will carry had to success was brazil's first working class president and he remains very popular. every morning at nine o'clock it's the same routine loyal followers say good morning to luis and asio landa silva. they've been turning up here for the past five months convinced the former president has been wrongly impriso

the afl-cio, tradesmen, unions, carpenters, those individuals who do a lot of work on infrastructure are supporting me. i'm delighted to have their contributions. firefighters, seiu, i'm happy to have their support. but this is the point we should take consideration of. union station represented a huge investment of the federal government in infrastructure, all based upon using stimulus money that i worked with barack obama on to make sure was included for the purpose of improving the rail from new haven to hartford to springfield, that's able to work with patrick to convince him to use additional stimulus money for the following purpose. to improve rail all the way north of greenfield. the governor has agreed next year in the spring to begin experimental efforts to extend rail transportation to the north. that's infrastructure but anytime we can approve and it has productivity, it's important. i worked with governor baker to make sure that was done. that was $291 million investment in route 91. >> moderator: opportunity to respond. trachea infrastructure is critical to keeping our c

that you have to be afraid about muslims and generally take a religion then you do the chop of the cio it is we have invented human rights and not christian rights on this front with even his own political allies wavering hungary's premier victor or banas facing a tense wait for the vote in the european parliament. or earlier we spoke with correspondent max hoffman we asked him which way to morrow's vote is likely to go. it really depends if the e.p. the european people's party which is a part of so to or go on as a member of the party makes its members stick to a certain party line in this case it would be against article seven and it's going to be hard to get the two thirds majority now we don't expect that to happen actually just a reminder e.p. p. is kingmaker here and we expect this evening that the members of the e.p. are given free hand to vote any way they want so according to their conscience if that happens then because it is in trouble because many members of the e p p are very dissatisfied with the path that the orbán has taken they feel like he's not representing the value

and this for this weekend because i am not going to take a side definitely not on that hillary for a cio stroll mark an avid golfer thank you hillary absolutely she. and that is it for this time you thanks for being with us you can catch boom bust on you tube dot com pleasure boom bust archie see you next time have a great weekend. and that it's like he. said to get that i will. add to the mind the ad the one the money the two. that it. didn't get and i think that is at the will in his i'm up to a mile of that and i think i'm going to once i'm not doing a lot about how the now growing so in some point i don't get just a little. bit now down my out of town a lot of the model people. that i would have to say i'm not seeing that as i asked by the way to really. have an attitude that they do. things about the truth so you have to not to. put it as an olympic film and a little. and with you. unfortunately cranium government destroys their country they don't know maybe they don't understand they destroyed the country they lost not only crimea but they lost their own people in two regions ukrai

important and the success may be showing up in culture change reflected by major campaign where the cio or someone with security not just on the presidential level will they start prioritizing people in those roles? then we will start to see these things employed as a budget to make sure they have security keys or e-mail solutions. what a lot of us are working towards a can't believe we had campaign security and harvard has done some excellent work. so a lot of what we have seen is a shift in a push to the culture change to prioritize this. >> keep dreaming big but also with 2020 with those campaigns that are trained door to door or campaign finance rules or e-mail or platform security would be a huge shift for that initial training to join the staff also few are watching it home and are in the audience wondering how to tackle this issue look in the information group. >> this is my aspiration. there are campaigns that had that authority. >> not even authority but just thinking that way. when people leave the campaign but they just leave they keep their computer and you charge them for i

it is not associated with the afl-cio. but i do want to concur with supervisor ronen. had this letter come from the district attorney, it would be a very different letter, but insofar as you and your office, i think, have reached out, and correctly so, to kmuns labor, and marketing unions, this is too little, too late. >> president cohen: thank you. colleagues, is there any other discussion? is there an action that you'd like us to take, supervisor ronen? >> supervisor ronen: yes. i'd like to pass this unanimously on final vote. >> president cohen: all right. supervisor kathrin stefani? all right. let's call the vote, madam clerk, on item one. [roll call] >> clerk: there are 11 ayes. >> president cohen: all right. this item, item one, passes unanimously. madam clerk, please call item six. >> clerk: item six is an ordinance prohibiting the planning code to prohibit medical cannabis and khanna disdispensaries in the chinatown district to make the appropriate findings. >> president cohen: madam clerk, on the kwetd of shall this ordinance be finally passed, please call the

today and this for this weekend because i am not going to take a side definitely not on the air or for cio stroll mark an avid golfer thank you hillary absolutely shit. and that is it for this time you thanks for being with us you can catch boom bust on you tube dot com pleasure boom bust archie see you next time have a great weekend. and that it's in the sky like iraq in fact she said she had to get that out. and that will. and that to the mind the one the money the two. didn't you can think that is out there with him. i'm up to a mile out of there and i think i'm going to last and that a lot about how the now there are only so far as i meant but i don't get. them out of them out so out of town a lot of them out of a full. without a doubt about them. as i asked by the. good that they do. things about the side i'm after. but even the last and all of you siad. after the war a nazi doctor was still active rich in the nineteen seventies criminal had as the chair of its board a man convicted of mass murder and slavery. a german company developed. a drug that was promoted as completely safe eve

let's get more on markets from wells fargo global cio, kirk. where do we start?ellingemerging markets off, a continuing trade war, tech giants testifying and yet stocks have a small setback. does this make sense to you? does.i think it earnings continue to be strong and we have a tremendous boost from stimulus. in terms of emerging markets, i keep hearing contagion. is there contagion or not? i think we need to keep an eye on this. with the emerging market index down 10% and things of the shanghai index down 20%, you will want to worry about it. i don't think we are back to where we were in 1998. you are talking about the asian economic crisis. how do you know when contagion starts? in the turkish lira, if i am in the rand, other currencies, it maybe doesn't feel like contagion but it does feel like crisis. kirk: you want to watch whether ,he bifurcation continues whether weaker economies like brazil or turkey continue to thatproblems and does spread to the stronger economies. we'll see. yvonne: what responsibility do you put on the federal reserve? not saying th

the president fired off a tweet at the afl-cio. he also said he's not sure how this works without canada. unions,ses the labor that's a hit to his negotiating power. david: somerset we are not sure we want 10 in. it's not clear he has the authority to end the treaty. >> let's be clear, this will be dependent on how much congressional support he can get. i don't think we've seen this amalgamation of opposition to a policy position since he's been in office. it's not just the unions and gop members of congress. said of business groups of we want a trilateral deal. ,hat's what we were expecting that's what we want to get done. there is going to have to be a moment among these groups to get him on the same page and get canada back in the deal. argentina, they shocked markets saying it's a bad tax. they want more exports. it's an emergency and we need your support. to ans in reference export tax for companies. this is a puzzling situation. they are doing everything right. they are handling their fiscal accounts. they continue to get pum

the president tweeted that afl-cio chief represented the union poorly. it is easy to see why you mince are going poorly. president trump -- they told president -- fox news president trump has done more to hurt them and help them. it is reported that mark carney is still expected to leave next year. prime minister may thinks he has done a good job. the bbc reports mark carney is in talks for staying. global news 24 hours a day, online and at tictoc on twitter, powered by more than 2700 journalists and analysts in over 120 countries. i'm kailey leinz. this is bloomberg. thank you very much. coming up. president trump said there is no political necessity for keeping canada in nafta. the latest from washington. this is bloomberg. ♪ ♪ caroline: live from new york, i'm caroline hyde. this is "bloomberg markets." president trump slamming decades of abuse with a new threat to terminate nafta. this comes after talks with canada stalled. the present tweeted, there is no political necessity to keep canada in the new nafta deal. if we don't make a fair deal for the

cio of atlantic trust group. does that square with where you think we are in the business cycle?think the unemployment rate is going to -- i think the economy is going to continue to run above trend and we won't see any more prince like second-quarter gdp but 3% plus for real gdp is quite realistic. the good news on economic growth is it is not over. david: look at the not so good news. how concerned should be -- -- ld we be with david d: whether you look at ppi, average earnings, they are not at concerning levels but there is a degree of acceleration. one of the things we will be pouring through the beige book four is wage pressures -- book for is wage pressures. one of the things that drives investors is what is expected to come out of the fed. up a chart that shows the market is going to catch up with what the fed has been predicting which is we may go higher faster than what had been thought. do you think that's right? is relativehink it to where fed funds futures have been. two more rate hikes this year and the bigger debate has been around 2019 where the fed dot plot has re

. >>> president trump calling eight afl-cio boss richard trumka, after he blasted the president saying we didn't need canada in a nafta deal. a whole mower on "varney & company" that starts right now charles: we have report profits in the second quarter emac what have we got. liz: largest year-over-year gain in six years. taxes paid by companies down over a third, year-over-year. looking out friday, 190,000 jobs the look see there. this is the most hated economic recovery ever. the question is wage growth. we'll see possibly flat year-over-year wage growth. people forget corporate benefits are on the up tick and rise. growth in the middle class according to "washington post" is record levels around the world. so the middle class is growing. charles: you said the most hated. liz: rodney dangerfield economic recovery. gets no respect. charles: ashley is with us, "wall street journal" james freeman. real quick, when will the recovery get some respect? >> i think people want to see more on the wage gains. give some respect. markets have given it a great deal of respect. when you see the wa

the for most recognizable for tail ridge sating is peter, and we down with the founder and cio whichaims the approach dating back to 2007. >> if you think about it, university is a safe haven, it's an insurance like safe haven. it's their specifically, and the more explosive it is, the more systematic risk my clients are able to take. many investors who hedge or diversify, gave up must -- much of the upside in equities since the financial crisis. we need only look at hedge fund returns to see that. hedge funds don't necessarily need the s&p 500, but they do have to deliver value for the customers. and clients to think they have been doing that. what did these investors who hedged or diversify to do wrong? >> a lot of portfolio the result is a bill of goods, and that is if you lower volatility through diversification, the dogma of diversification, you will lower the return, but to get the ratio going up all is well, and you can take some leverage. which is crazy in and of itself, and all is well. but it has not worked out that way. as we diversify, which is what we do, diversification

the president tweeting out for this is an of richard trump goes to the head of the afl-cio.he trade policy is running rampant through the parties are now. jonathan: we will be back, i suspect. u.s. stocks are going down today. thee: not the news for bulls. amazon continues its upward march after the evaluation hit a trillion dollars. perhaps we had a cuter-trigger cell. did not see that straight leg downward. another interesting milestone for the company, the price of us thought, the higher you can cast booking holdings. large cottonother tax stops. downgrading the stock, he is changing it from a neutral to a buy. it is still above where it needs to be right now. he says that the talks is some grew and eight heightened regulatory sky mittens. also updating and verizon here. that is going from neutral to buy. it may be too late to add an official source to the 80 -- to the issue. analysts have largely been positive on the move for its long-term implications. we are watching metals today. back, gold,ull copper, and many of the mining stocks are weakening today. very gold is al