daniel morris, thank you. >>> an exclusive with biden's cyber czar that is xt ayitusne i traded my taxicab for a food truck and a dream. i'm larry villalobos, owner of cachapas y mas, bringing venezuelan flavors to new york. people love our yoyos and cachapas. we've become a foodie destination. larry doesn't just create mouthwatering dishes; he creates opportunities. small businesses like larry's open doors for neighborhoods to thrive. support your community. support small business. >>> welcome back, let's get over to eamon javers, who has a sit down with the biden administration's psycher stock >> we're here in sea island, georgia, a threat conference organized by a media organization focused on cyber security i'm joined by chris ingles, a former air force brigadier general and former deputy director of the nsa. you have seen this problem from every aspect thank you for being with us this morning. >> good to be with you. >> we saw airports being defaced this morning, what do you know about that, it seems like it's coming from a pro russian group. >> it's a developing situation, and so we

joining us now, daniel morris. niel, when you look at the u.k., the -- center of goldman-s, is this an investable market? >> i think the message that comes across clear in the reporting we heard, there is simply too much uncertainty for anyone to take a position. we need to get more information on what is going to be somewhat of a reassessment. alix: how -- what happened in the u.k.? i appreciate the headlines, are idiosyncratic. as many are talking about, the fire was already there. what can explain away the dysfunction happening in the u.k. markets? do we see that elsewhere, and is that what we are looking at where we need to model risk now? daniel: we can look at it as a extreme example. western governments are going to face as we try to unwind the effective quantitative easing. if we go back to the -- and the government response during the lockdowns, with -- was unprecedented. we had trillions and support that was provided. it was justified at the time, given the cause. it was comparatively easy because constrai

that is a take of daniel morris. >> we appreciate the one hand that sentiment is bad.likes equities, risk, but at the same time, you get a bit of good news and i think you can see some of the price action we have already had. going into the third quarter earnings season, if we have some positive surprises, the market is looking for good news and i think we will get it. jon: let's sound that started the bulls and bears and bring in bloomberg equities reporter jesse matin. on the one hand, we have those hoping for a pivot but we have seen fed officials out in hawkish full force over the last couple of days. >> we have. you are still looking in futures markets pricing in at least one rate that financed -- year and more in 2020 four. a lot of the comments today echoing statements and sentiment from mary daly yesterday as far as the fed signaling that even once we get to a particular restricted level, they could remain there for some time until they flee inflation come substantially down. kriti: interesting that this is coming off of pricing in a rate cut. when i think what

morris die. she's emily danielle. the nice bustle store were hugged with our oceans and not showing you musical and yeast in the email ah ah ah, ah mm. a lindsey regime as may be cleared, is not interested in any negotiations as russia to end the military conflict. this should not surprise anyone. after all, this has been the position of the bite administration all along. the collective west is intent on supporting this conflict until the last ukrainian maybe until there is no ukraine left. then you don't say will then believe ashley, for bible for ginia. now mr. w, me, i don't even shannon misc. i missed and i'm be able to ship blood cells, no toys. so to be sure, you know, he stereo crane. she was radi shamia, 3rd, e 0 said you only do what you, me every, every one rug name, kelly grey sky jack, nice clothes which are being so will be a just totally real grades your cell phone, me or your from global scale, very fuel, treatable world, with forces historically different, especially tedious iranian as well. so law of

morris die. she's emily danielle, nice brussel. so we're cookbook, or oceans and with nice, shiny musical and yeast in me email. ah, ah luis hunter rush in state full. never. i'm tired. i'm phoning the most landscape destination. okay. awesome. and meet within the 55 with the state. okay, so 9 is 25 and speaking. when else calls with we will ban in the european union. the kremlin. yup. machine. the state on to russia for date and c r t spoke neck given our video agency, roughly all band on youtube, a with the zalinski regime is made it clear. it is not interested in any negotiations as russia to end the military conflict. this should not surprise anyone. after all, this has been the position of the by the administration all along. the collective west is intent on supporting this conflict until the last ukranian maybe until there is no ukraine left. today, i'm authorizing the additional strong sanction. foreign company is a quitting russia, numbers on to one. thank you. this licensing atm card. so blanton bangs disconnected from the

morris of bmp par -- bnp paribas now. june was aggressive and everyone's are talking about a pivot. is it a bear market rally this week, what is different between now and then? daniele to keep in mind what might be a driver for a sustained rally, but at least for a few weeks right now. we appreciate on one hand the sentiment is very bad. no one likes equities and no one likes risk. but at the same time, because the sentiment is so low, you get a bit of good news and i think you can see some of the price action we already have. so going into the third quarter earnings season and we have private -- surprises, market is looking for good news, i think it will be up. tom: this goes back to dr. coronado years ago, this incredible parsing of gdp. what is the part of gdp in europe, the united kingdom and the u.s. that your focus on? dan: it is really going to be the price indices. these discussions we are having all comes down to how inflation evolves in the month ahead because everything depends on that. it does not matter if we don't pay that group to the inflation. it is looking at the price entities within the national account and in particular, looking in the u.s., wh