daragh maher will join us from hsbc as well.omberg. ♪ tom: it is nine years on from the beginning of the financial crisis. will year 10 bring release from the great distortion relief from financial repression? the crisis has given a stock prices price for perfection. in this hour, jason trennert on the bull market. and the changing of the guard -- campaign trump. good morning, everyone. this is "bloomberg surveillance." tom keene. with me, francine lacqua and london. ise years on, it extraordinary how little has changed. francine: you are absolutely right. the balance sheets of central banks, it is amazing how they have grown so much. that is the amazing part. uc see european banking. i believe august 9 was bnp paribas challenged in europe, and we still talk about european banks, don't we? francine: bnp is still talking saw thee fact that they beginning of the mortgage crisis. realizee the first to the impact of the crisis. .om: remarkable it is not that time has flown, it is that we keep going on this thing. right now at theme

alix: daragh maher -- caroline: daragh maher, great to have you.at having you on the show today. alix: your semi jon. a little bit of re-rating. coming up, $11 billion invested in chinese equities, one of the biggest u.s. investors in china growing uneasy about the policy direction. oppenheimer funds direction of -- revealing why next. this is bloomberg. ♪ emma: reaction is mixed. goldman sachs puts an objective odds of move up to 40% before the speech. pimco says there was nothing of note in the speech, just a looming rate hike. drug maker mylan is responding to complaints that its gouging patients by raising prices on the epipen more than 400% in just a few years. the company says it will sell a generic for $300 for two pack. brazil suspended president makes a final appeal to safer job today. she was dressed congress directly as impeachment is near a conclusion. she is accused of illegally financing spending and they will hold a vote on impeachment tuesday or wednesday. get a checkt's giv of the markets. we are down 4/10 of a percent with auto dr