the market has dialed in another rate cut by december which is getting to what david kelly was talking about, this idea that -- who the 7 are that are banking on that next cut matter a lot and it's probably members of the board of governors rather than the president, they come from the presidential ranks i'm not sure what we're looking at, that's the forecast that just came up, again, this differs from the market, which pretty much has one more built in, but it looks like there's a pause being contemplated more likely than not for october, rather than this rate cut now coming in december >> i'm on the president's twitter page just waiting. maybe he'll wait for the press conference, see how that goes. this is somebody who cares deeply about the strong dollar that you explained has no reason to weaken from here. >> president trump blamed the fed for that, it's probably illogical reasoning at this point. we'll probably hear from president trump saying again, he wants more, he wants more, and that reasoning is, obviously a weaker dollar would help our exporters. >> how do we get a weaker d

guy tony blair from anything wrong in david kelly and the iraq war. was fought on the ground there and i almost on the ground here while i agree it's as the mentors design it's a different reasons i think this is as big a travesty as what happened in the iraq review you're right maybe i am a born again breasted here but this is about politics where being told by the courts that the prime minister hasn't got the right to decide when to paroch government even leaving aside the bricks of the building of government force that limits are eroding parliament and that's the key because the courts of surely up held parliamentary so ok you're right but really i just think they've upheld a new precedent one which says that just as we are meant to have fixed term parliaments not those that really mean anything at all so we're also the prime minister has to go cap in hand to parliament to ask permission to probe 3rd to me this is a terrible week for democracy and after. that you can ask what else needs to go to court before the prime minister or the government can

morgan david kelly, j.p. chief global strategist, thank you.he north tower of lower manhattan's trade center collapsed. as you can see, names are being read now, and will continue to be read. souls losing their lives that day. at this moment come of the north tower was about to begin to collapse. and of course, we are about to have a moment of silence in honor of that, a tribute and remove rinse of the lives lost , depending on -- in manhattan and the pentagon. chimes] [reading names] vonnie: as you can hear, the reading of the names starts up again following that moment of silence to mark the moment when the north tower collapsed 18 years ago on september 11, 2001. their lives,osing and we remember them every single year. the president speaking earlier of the shock, horror, sorrow, and righteous fury people felt that day. that, of course, is all about communities. it is time now to get to our muni moment. catherine stienstra's senior portfolio manager and head of municipal investments at columbia threadneedle, and she joins us now. i have to a

. >> joining us now, jp morgan funds strategist david kelly and rbc capital strategist lori calvisinari, was this good enough for a market craving fed cuts? >> i don't think so. >> bad enough, i should say. >> if you were bullish, you are still bullish. if you were bearish, you are still bearish. we have defensives doing well and industrials. that's odd we have some of the areas that have been the hoot exist ttest e market like tech, riske in software i don't think it's clear what the markets is telling you it thinks of this. >> david, what's your take >> well, i think this is weaker than it looks. steve actually made a lot of great points there first of all, you have to take out the 25,000 temporary census workers. these jobs won't be around in the long run now you are at 105,000 and then also that benchmark adjustment the labor department has been overestimating job growth from new companies all along. this reflects an underlying trend of less than 100,000 jobs being added. and we have a lot of pent-up jobs there may be some of that where companies are filling job openings even thou

rick cornelius, charles attics, david salem. kelly mcgrath. >> thank you.i am rick cornelius at 41ord court directly across the street from the mcgrath's. i have known them for four years. they are a lovely family with two lovely children. some of the things you have heard i am sorry are not correct. erica and i went through the house. she had nothing there. she signed an nda agreement. she was compensated heavily. there is also two things to know as far as the height of the building. it is the building right next door to my right, if i am looking out my front door is higher than the proposed building. my neighbor right next door is higher than the proposed building. the neighbor behind, barbara, built a huge home. it took five years and there was no complaints on each side of another speaker, they have two buildings that are higher than what the mcgrath's wanted and one of the people have 3500 square feet in their home. >> your time is up. next speaker, please. come on up. >> afternoon, commissioners. i am kelly. together with my husband we own the propert

let's talk valuations and growth this morning with david kelly.ere. maria: thank you for joining us. what are you telling clients today in terms of investing in this market, what's most important from your standpoint? >> i think the most important thing is actually to have a balanced view on this. we are seeing huge plight l call division in america -- political division in america, more than i've seen in my lifetime. if you look at the story and the economy, it's right down the middle. it's not 3%, it's a 2% growth economy but it looks like it will keep doing that through 2020 and maybe into 2021. we're going to muddle forward here. i think people need to recognize that's kind of what we've got here. maria: do you want to invest in stocks in that environment? >> well, yes. i think you do want to be in stocks more than bonds because long-term interest rates are low in terms of -- it's just very, very hard to make money in the bond market for the long run. stocks look better but frankly international stocks are better than domestic stocks. they're

david: that is jason kelly with john foley. now we will turn back to washington, where joseph maguire has spent the morning testifying before the house intelligence committee on the whistleblower complaint against donald trump. ,e now welcome john delaney former congressman from maryland and democratic presidential candidate coming to us from washington. thank you for being with us. i understand you have a peloton. we should mention that. delaney: i do, i like it very much. david: if you look at what is unfolding right now, you are now running for president, what you make of the impeachment investigation? was speaker pelosi correct in launching the investigation? >> i think speaker delight -- i think speaker pull oc has played this perfectly. she resisted some of the calls to start the inquiry. many of them were premature. she waited for something that had the gravity associated with it, which is this call where the president clearly try to get a foreign power to interfere in our election. that is the kind of thing that merits

kelly o'donell and our david jolly, anne gerand is onset with me and ken dilanian. >> kelly, let's start with the big news that happened actually before the press conference. it happenes in the oval office, the president being asked about the whistle blower report. kristen welker getting to the heart of this saying did you ever have a conversation with ukrainian president about joe biden? give us the highlights of what the president had to say in the oval today? >> well, it was sort of kristin doing some dentistry and drilling down and she got a lot of new information that helps us understand a little bit more about this. let me begin with where he wanted to begin, calling it a partisan attack and claiming this is fake news, political and harassment and a hack job. that's where the president wants it to be. he acknowledged that he does not know who the whistle blower is. he's making an accusation that this person is partisan without knowing the identity, claims he has not read the complaint and calls it partisan. his conduct on phone calls with foreign leaders is appropriate and concekep

kelly. i want to bring in david chit man, senior policy adviser at giffords group and former atf agent. full disclosure for our viewers and listeners on sirius satellite radio, i'll be moderating that forum on october 2nd in las vegas. eve, first of all, how did this event come about? >> this event came about because giffords and march for our lives work very closely with our advocacy. we believe we need a forum in which we can hear the comprehensive and bold plans which our presidential candidates are putting forward so voters truly know who is going to be taking action to save our lives. >> david the significance of having this event in las vegas on that particular date is what? >> the day following the worst mass shooting in american history was not lost on us when we scheduled this. this is a very exciting announcement for everyone in the gun violence prevention movement and in particular the courage we've seen from gibb by giffords and the tenacity and that demand for change from march for our lives. is a partnership that together we now have ten presidential candidates who are goi

vonnie: that is "bloomberg businessweek's" jason kelly interviewing blackstone president jonathan gray. coming up "balance of power" with david westin. let's look at where we are almost midway through the session. s&p 500 is up .2%. edging higher as president trump mentions china. plenty of political turmoil coming out of washington including the release of that rough transcript of the call with ukraine's president and donald trump. oil is down 2%. philip morris is calling off the merger with austria. ♪ david: this is "balance of power " on bloomberg television. i'm david westin, from the third annual bloomberg global business forum in manhattan. we start with political drama on both sides of the atlantic. kevin cirilli joins us from capitol hill. the white house has released a summary of the president's call with president zelensky from ukraine, and then we turn to emma chandra in london as boris johnson will address parliament. kevin, we saw the transcript. it was fairly explicit, i thought about the president raising joe biden's son. kevin: it was very exquisite and that during the july 2019 conversation with president zel

kathy kelly, we first learned of the news of a "secret" camp david meeting that would be the leadersf the taliban from the afghan president ashraf ghani, and president tom, the all of this is being called into question right now, whether all of these people were going to be at camp david but now trump has called it off. your thoughts as both democrats, a number of democrats joined with republicans in condemning the meeting saying that it is an outrage that it is happening at all, let alone the wekk of 9/11, the anniversary of the september 11 attacks. think themy, i outrage that should be felt, most appropriately the outrage over the idea that warlords, multiple warlords, including the united states military authorities and anybody representing u.s. government, have been negotiating a peace deal. it is a charade. we have seen how many people have been killed as leverage. killining human beings h has ben leverage dururing these e peace talks, and a highlhly a doubt te majority of the afghanistan people who are women and children are being well represented in the so-called dialogue. am

a technique from the old times kelly has a tate's and lays on carlos alberto in the 1970 world cup final. day leo messi is the main for talent. and also david silva used a change of pace as a weapon. and perhaps the most important means of gaining advantage against technically accomplished teams which. at the $2800.00 world cup almost half of the goals were scored from deadbolt situations more than in any other world cup in coach southgate spent their preparations practicing corners and free kicks the result being the scored 9 of the 12 goals from set pieces. at last season's most important shit league matches were all decided by corners against. tottenham and against man city. and of course liverpool. barcelona. so to sum it all up yes the history of tactics has switched so what else can there be a defender who plays as a 2nd goalkeeper the team that only plays on the left side of the coach only fields 9 players and gets the ends it's not the end. the best positions the once we have learned the most from the past. is the best ice cream big old fashioned vanilla just outrun she gets. the best coach the best internalizes and the great revolu

kelly craft. she is stepping into her new role just before the opening of the u.n. general assembly in two weeks. david u.n. the often contentious national security council put out the welcome map to kel -- welcome mat to kelly craft. she takes over from nikki haley who resigned her post last december. she cast her first vote and addressed weapons smuggling in africa. >> my country recognizes that group continue to violate the arms embargo. reporter: she is a kentucky native. she is the wife of joe craft. both were donors to president trump's campaign and other politicians. she told reporters she is filled with tremendous pride representing the u.s. >> i come to the united nations as the president's emissary and as a voice of america's unwavering commitment to democracy, freedom, human rights and whenever possible, the peaceful resolution of conflicts. reporter: during her confirmation hearings she faced tough questions from democrats about her absences in canada. she says she is committed to a freer and more prosperous world. >> i will stand by our friend anand allies and defend america. reporter: pre

now, kelly, all of these devices are tethered to a smart phone. i spoke to amazon's chief of devices, davidnd asked him if we would ever see a mobile alexa that truly operated on its own, not reliant on an apple or android phone he said he would never say never but they do have expertise in those kinds of devices kelly, i also asked him since the price level is below its competitors if they're making any money. he said their aim is to not make a lot of money but also not to lose a lot of money. back to you. >> deidre, thank you we got news out of power lunch friend, buying steakhouse chain del frisco's, adding to the landry's empire, morton's as well as strip house. >> especially after what he told us about wanting to have dry powder to make acquisitions. we spent a lot of time in that del frisco's when i worked midtown. >> i guess the time is right thank you so much. >> "closing bell" starts right now. >>> that stock up 6% markets rallying two, s&p up 0.6%. >> welcome, everyone i'm sara eisen 59 minutes until a live news conference from president trump after the white house released that l

you can >> announcer: it's "live with kelly and ryan" from the tv series, "carnival row," cara delevingne. from "world news tonight," david kelly ripa and ryan seacrest! [cheers and applause] ♪

he will join jason kelly and carol massar for 30 minutes on bloomberg television and radio at 2:30 eastern time. this is bloomberg. ♪ davids "balance of power." i'm david westin. frankfurt auto show is ongoing in frankfurt. our colleague, matt miller, spoke to lamborghini ceo. he asked about lamborghini's plans to build a hybrid and much more. the issue where we are talking about the super forecast. theright direction, situation we are in this moment is the only way so far to find the right solution. that is why we want to be different in our solutions. but for sure, this is a first step in the direction. hybrid is the future of lamborghini. matt: your customers are obviously some of the wealthiest people in the world. but still it is important to watch for us, in the market, to watch their spending behavior. what is the health of the wealthy consumer right now around the world? stefano: so far, from what we can see in our analysis and see how it has affected the world of lamborghini, it is very good. of course, we are talking about a thousand cars. a tremendous number if you think about where we were three years ago. it

kelly and ryan." today, actor, producer, recording artist curtis "50 cent" jackson and fun and games with youtube superstar davidy ripa and ryan seacrest. >> ryan: i like this. >> ♪ everything's coming up ♪ aces, aces >> ryan: oh! good morning. whoo! oh! hi, hi, hi. there we go. all right. come on in. [cheers and applause]

kelly's spouse brad. any missing bikinis? >> no tops or bottoms missing. >> reporter: story got more than 1 million hits on social media, catapulted him on to news programs all over the world. davidneighborhood seems safer but residents taking no chances. >> don't leave things out new in, old neighbors warn them about dusty.orr:ic lee, abc7 ne. >>> thanks for joining us, i'm ama daetz. abc7 news at 5:00 starts now. >>> what one fire department is doing around the round. >> flu turned deadly. two people recently died. >>> know her name, sexual assault survivor in the brock turner case has a book. >>> mental health and substance abuse treatments in san francisco, beds vacant for now but making sure people get the help they need. >>> this is a violation of law, the law is unequivocal. >> with that house speaker nancy pelosi announced launching impeachment inquiry. >> thanks for joining us. historic move, only a handful of presidents been subject to impeachment, last was bill clinton. >> house speaker nancy pelosi has resisted calls for impeachment for months because it's a long process, rare in u.s. history. but what happened between president trump and president of the ukraine is l

kelly. >> reporter: good to be with you again, richard. of course the white house is monitoring the situation, president trump is at camp david and he has beentouch with the attorney general. he says the fbi is involved. and he's been monitoring developments. we also heard from the vice president, i'll get to that in a moment. one of the things we're seeing here is that the time elapsed between an event like this and some of the political fallout is really compressing. here we're just within hours of this happening, we're already having some of the political voices coming out. speaker pelosi tonight tweeting that it's time for vote on gun reform. so we've got a number of democrats speaking out about taking action. we've heard the president say, after el paso and dayton in recent weeks, that he wanted his administration to take some action on this. there were questions about would he follow through. the vice president tonight, leaving joint base andrews to go to europe in place of the president, because the president's remaining in the united states because of the impending hurricane, the president and vice president spoke by phone. here is p

kelly. >> reporter: good to be with you again, richard. of course the white house is monitoring the situation, president trump is at camp david and he has been attorney general. he says the fbi is involved. and he's been monitoring developments. we also heard from the vice president, i'll get to that in a moment. one of the things we're seeing here is that the time elapsed between an event like this and some of the political fallout is really compressing. here we're just within hours of this happening, we're already having some of the political voices coming out. speaker pelosi tonight tweeting that it's time for vote on gun reform. so we've got a number of democrats speaking out about taking action. we've heard the president say, after el paso and dayton in recent weeks, that he wanted his administration to take some action on this. there were questions about would he follow through. the vice president tonight, leaving joint base andrews to go to europe in place of the president, because the president's remaining in the united states because of the impending hurricane, the president and vice president spoke by phone. here is part of what th

kelly o'donnell with the very latest in terms of reaction from the white house. >> reporter: good to be with you, again, richard. the white house is monitoring this situation. president trump is at camp david, and he has been in touch with the attorney general, says that the fbi is involved, and he's been monitoring developments. we also heard from the vice president. i'll get to that in a moment. one of the things that we're seeing here is that the time elapse between an event like this and some of the political fallout is really compressing. here we're within hours of this happening, and we're having political voices coming out. speaker pelosi tweeting that it's time for a vote on some gun reform. we've got a number of democrats speaking out about taking action. we've heard the president say after el paso and dayton in recent weeks that he wanted his administration to take some action on this. there were questions about would he follow through. the vice president tonight leaving joint base andrews to go to europe in place of the president because the president's remaining in the united states because of the impending hurricane, the president and vice president spoke by phone. here is par

kelly chang executive director of the san francisco county transportation authority who was speaking on behalf of the intelligent transportation society of america welcomes chang. >> -- good morning chairman and ranking member david his chair the value and subcommittee members thank you so much for the opportunity to provide san francisco's rights against american perspective on the topic of pricing international lodgment am teaching i served as the executive communication authority and it is -- testimony on a local experience with these topics and why we believe pricing and incentives are promising stripe strategies to help us recharge transportation goals. firstly to provide an overview of the problem as in other places rising population and unemployment but also combine with their growth and right here vehicles and clogging our streets. instern on seaspan thr. online at sea spend at organ and listen live on the free seaspan radio app. next, a security and c