very naughty boy right well glenn wicks the chief investigator for the insolvency service said david lowe's bird could have paid the thirty thousand pounds debt owed to the insolvency practitioners however his hatred towards them sense of injustice was his motive which ultimately led to his downfall and it's justifiable hatred i mean look at the royal bank of scotland what they've done to tens of thousands of businesses in the u.k. they burned them they killed them they put them out of business to sell their houses for pennies on the dollar and there's no reason why people shouldn't be burning their feet on mouse it's merely reflecting the economy around them so during the financial crisis two thousand and seven two thousand and eight two thousand and nine what we witnessed on mass was trillions of dollars being burned to the ground our economies being burned to the ground and then intervening in that were central bankers and treasuries around the world bailing out the other side and basically they were buying the ashes from the bankers and we had. an opinion piece in the financial times th

in a group where the shooting took place or out for quite a while he spoke to terrorism expert david lowe about how countries across europe are dealing with of the threat of such attacks we have been learning lessons from it and how how to deal with an instant quickly so what one advantage is because they do talk to each other it isn't just isolated isn't just the french police deal with an instance of the german police the u.k. we have this information. you know regardless of whether the u.k. remains in the or not with the latest. debate going on you know you're opposed played a very important role in this as the policing agencies intelligence based in scene one two and hans policing throughout throughout the continent but we've got a sort of the web in or out or the states we actually do talk to each of them i think that's the benefit. french prime minister says yellow vast protests will be banned in areas that have not that have suffered the most damage as a result of the demonstrations if they contain any radical element or turn violent . it was only when you first us or we will ban y

searching for was this thirty seven year old turkish border man who'd been named as cochrane tannish dr david lowe is a terrorism expert he joins us now that very early on the authorities said that when it goes on with a possible motive here but they weren't using that as their sole line of inquiry since then other reports have suggested it could have been a family feud but how this is regarded by the authorities very much dictates how the investigation takes place doesn't it. quite right call and i think the dutch police are in the right line prices by having a suspect is a terrorist attack because all the machinery if you like the investigators the forensic sciences and so on the international colleagues will be assisting them so it's a lot easier to scale it down that is to start of the bottom and try and scale up and catch up so they have taken the right approach. do you find that after everything the various other countries in europe have suffered with terrorism in the netherlands has been largely unscathed by all this and of major a number of successful arrests there's always a leap to assum

a man thirty seven year old from he's been living in holland and in a group where david low about how countries across europe are dealing with the threat of such attacks. we have been learning lessons from it and how how to deal with an instant quickly so what one advantage is because they do talk to each other it isn't just isolated isn't just a french police deal with an instance of the police or u.k. we have this information. you know regardless of whether the u.k. remains of the or not with the latest. debate going on but you know you're opposed played a very important role in this as the policing agencies intelligence based agency and want to and hans policing throughout throughout the continent but regardless of whether we're in or out or the states we actually do talk to each other i think that's the benefit. for paul match in athens was marred by clashes between fans and . i. the game was interrupted it just six minutes in when dozens of masked fans attempted to invade the pitch referee eventually abandoned the fixture in the second half as police used tear gas to disperse ang

creditors he would rather burn the money than pay them court hears official said bird of prey expert david lowe's bird seventy one was consumed with hatred towards the insolvency practitioners he owed so that julie burned a bundle of cash to avoid paying them right so he burned the money this bird of prey expert burned his more you should burn the money off of money should be burned in a best the way it goes i mean that's what we need to do we need to burn the ships we need to burn any connection if you have money organizing as part of a magical crypto conference in new york city coming up this i think it's may or june i forget which one i think in june and i may it's a may or a i'm organizing a mass burning in times square so i want to get people to come to times square in new york city and want to burn up to a million dollars and feel have money you can take any pounds dollars again whatever but we're going to burn it all because we need to when you see the out money you should get a physical illness you should have a reaction of vomiting to reeducate yourself all three out is poison just so yo

creditors he would rather burn the money than pay them court hears official said bird of prey expert david lowe's bird seventy one was consumed with hatred towards the insolvency practitioners he owed so that julie burned a bundle of cash to avoid paying them right so he burned the money this bird of prey expert burned his lawyer should burn the money off of money should be burned you know that's the way it goes i mean that's what we need to do we need.

bond yields to stay low. david: thank you so much. sebastian. speaking of low yields, the question of the day, funding yields in germany, if it falls below, what will that signal for us? we are headed towards 10 basis points, the only thing that separates those two at this point. chime in. ahead, hong kong airport is the world's biggest .- busiest cargo gateways the ceo of the airport authority of hong kong joins us later on. trade chief.s. warns talks with china could fail. how the footwear business is preparing for that scenario. it is bloomberg. david: welcome back. let's have a look at the trade negotiations. robert lighthizer, the u.s. trade representative, says an agreement between the u.s. and china could be weeks away but there could be major issues that -- unresolved. he told the senate finance committee washington should keep the threat of terrorists open -- tariffs opened this -- to make sure aging lives up to a deal. lives up to a deal. >> we have to make sure we raise tariffs if there are violations and that is the core. if we do --

wearing representative but politics aside he says demeaning a sitting member of congress is a new low and david calls this anti-american hate and xenophobia and just a few minutes ago xander. said when racism becomes acceptable on a part partisan basis and official g.o.p. groups. begin to use it to demonize communities it really puts people and real people in danger or do you think tweet us is the hash tag genius great or you can just message me or hasn't directly i'm after him home it. thanks for here on earth take a look at some of the other stories making news around the world palestinians have reopened an area of the mosque compound which was closed by israeli forces sixteen years ago the mersey gate was shot over accusations that a ban group was meeting in palestinian saw the closure as a violation of their rights but as smith reports now from occupied east jerusalem. this was a rare success for muslim worshippers who'd faced down israeli police over access to a hole in the x. a compound the most a gate was sealed by the police sixteen years ago because a court had banned a hamas affiliate

basis points -- david: off a pretty low base. alix: a pretty steep selloff across the board. david: crude is marching on. time for the morning brief. personal income and spending and the numbers the fed really likes to look at, pce core. followed by manufacturing pmi's at 9:45. for itsected to file initial public offering any day now. it may be today. cfo extradition proceedings up in vancouver. time for the first take. we are joined by rachel evans and mark fasano. the inflation numbers we got out of the euro zone point in two different directions. down, although headline moved up on fuel and feud. you get a story of two different tales. --ng exports start to falter you have seen exports start to falter, which is consistent with what we've seen out of china and japan. that is one slight negative. germany, you had employment strong, a growth in wages. as the consumer moves forward, the idea is europe will be stronger as the consumer helps the backdrop. alix: i remember that story a year ago. that's what everyone wanted to bet on. are there any flows to back this up? rachel: it

we‘re joined now by david lowe, who worked in counter—terrorism during the northern ireland troubles,ng there is a connection and the irish police are assisting at the moment, it is stuff i‘ve been working on recently since the good friday agreement. we have had dissident groups on the republican side, now the new ira, amalgamation of the real ira, that is what it is being called? yes, the new ira are different groups who have formed together and they have a group called sora, political party, using the back stop in brexit as a potential for getting support. there was a car bomb in derry injanuary, there have been shootings, but we don‘t get this side of the irish sea, which is frustrating for me, but it might not be that. investigations will be open—minded, they will look at anything, it could be someone with a grievance. they we re be someone with a grievance. they were not explosive devices. you saw the pictures, it sort of burnt the envelope. is it a warning? potentially, certainly let‘s say you‘ve got... the ordinance is so small. it would be an unpleasant surprise if you opened

david: session lows right now we are trading. what you do you think is happening with the market?kind of fearful of what's happening politically or what? >> there is uncertainty about the trade, but i think we've seen a big run-up in markets in the last month or so because markets are expecting this trade deal. the president wants a deal. china wants a deal. it's not certain, but it looks pretty good. we'll get another extra leg up with that. there is uncertainty about the rest of the world. the united states is doing pretty well. very well. europe is weakening. china is weakening. japan is a very strong. there's obvious political concerns india, pakistan, middle east. here's again this could undo the recovery, but it's -- the evidence is pretty weak. david: we just talked about the taxes. they still don't seem to understand, the europeans. outside that's one reason they got outside of the e.u. is they didn't like this attitude, but the euro still have this idea that there is no implication for businesses if you raise taxes as you want to regulate as you want. they still don't see

that inflation expectations should be set low? davidhey will probably go down more. there are the structural reasons on the fiscal reasons. the structural reasons are debt everywhere and technology and heading into 5g will be deflationary from a business cost standpoint. why are inflation expectations going to bottom out? the global economy is turning lower? hours, mario draghi has to speak and chairman powell has to act on march 30th. there is a consensus we are going to see a lift up later this summer in growth expectations and maybe actual gross and i believe with that, a lifted inflation. you don't agree with that? david: in two words, pipe dream. where is this lift off going to come from? why would you formulate your forecast on this growth when the leading indicator has declined 13 months in a row? you look at the u.s. leading indicator and what we do is we strip out the real side economic components, the five hard data, not surveys. today stagnated since march. the leading indicators are telling you there is no lift off growth. w

low. the backward look was even worse. davidthe data are surprising almost every week, whether it is the jobs numbers last friday or the gdp numbers or the retail numbers. for january, there's been revision further to the downside because people were not believing the numbers for the last month. lisa: if you look the retail they wereuding autos, better than expected in january, but even worse than they were in december. it really raises questions about the data collection process. it goes back to peter tchir's point about how they collect the data and whether there will be more pressure to make it cleaner. joining us is bloomberg news economics and policy correspondent michael mckee. michael: i do not think there is a problem with the data collection process. people do not spend as much money during these months. we are looking at declines in motor vehicles that pushed down the headline numbers. we new motor vehicle sales have been off. -- furnituresales sales down, gasoline. as gasoline prices go down, you have an effect on ret

that is a lot of tolerance for a low inflation. david: i also wonder if that is the problem, if this is the solution. by making more available money for loans, is that what is holding the economy back? >> i think that these operations was to avoid a problem that would have come as the last tltros came to maturity. with maybe a italy new government by the summer and he would've had a lot of italian banks having trouble. and then the ecb policy becomes politicized. they did not want to that, they wanted it to be seen as a policy move. so i think that nothing this earlier helps with of that problem. it does not represent a sort of major attack on the source of the weakness in the euro zone economy. david: what does it do to the euro? we saw it fallen throughout the day, what does that say for the longer-term prospects? >> if you are mario draghi you have to wonder, you know that this has been a big part of ecb's policy and we happened to to see it weaken today, the 2017,t it has been since but looking around the world you have all central b

caught the attention of president trump, from right here inside the white house today, david, the president called biden a low i.q. individual on twitter. >> here we go. cecilia, thank you. >>> overseas tonight, authorities around the world on high alert tonight after new zealand already and now the possible terror scare in the netherlands. a gunman opening fire on a train during rush hour, killing at least three people in the dutch town of utrecht. authorities launching an intense manhunt at this hour. the government raising the terror threat level. and abc's senior foreign correspondent ian pannell reporting in. gunfire erupting on a dutch commuter tram, raising immediate fears this could be a new zealand-style terror attack. the gunman wielding an automatic weapon, killing three and wounding five more. then fleeing the scene. heavy armed counterterrorism police descend in force. authorities releasing these surveillance imams from just four minutes before the shooting spree, identifying the suspect as 37-year-old gokman tanis from turkey. for a while, the terror threat level in utrect raised to its highest

these are low ranking guys who are just getting out. david i would love to be in the middle of that. as dangerous as it can be. meanwhile, very sad news to report. luke. the actor. you may remember him from 90210. more recently a series called riverdale. he has died. you may have heard he had a stroke earlier last week. very often a man his age can survive a stroke and go on to live a perfectly normal life as long as anybody else, but clearly there were complications because of that stroke. it was a massive stroke are there different categories. he had the worst possible kind of stroke. his family was surrounding him at the time of his death. actor luke perry, 52 years old, far too young to die from a stroke unfortunately has passed away. we will have more after this. as the one who is always trapped beneath the duvet i'm begging you... take gas-x. your tossing and turning isn't restlessness, it's gas! gas-x relieves pressure, bloating and discomfort... fast! so we can all sleep easier tonight. this is a very difficult job. failure is not an

. >> which district 17 assembly member david chu says is having a devastating impact on low and middle class residents. today he introduced a bill to eliminate poverty-related tows if the owner has five or more unpaid parking tickets. if the car registration is more than six months out of date, or when a car has been legally parked for more than 72 hours. information law enforcement and meter maids have access to when calling a tow truck company. mary lovelace says she was working as an interior home improvement specialist when things got rough. >> i was unable to continually look for work once they put the boot on my car. >> what's worse, lovelace says some of the parking tickets she received were for being parked in places she wasn't. she is not alone. >> i went to try to register my car last year and was shocked to discover that i had over $1600 worth of unpaid parking ticket fines on my vehicle. >> if the bill is passed, two dozen statutory grounds for towing cars will remain intact. >> towing should be used for traffic flow and public safety reasons, not to push poor people furthe

david: or valuations have gotten so low that they became goodbyes -- good buys.tors that are more or less exposed to the u.k.? mona: some of the names we do still favor are the integrated oils. things like british petroleum, ,hell, great dividend yield exposure to energy and based in the u.k. but global corporations. that is from a u.s. perspective. still yields over 4% versus the s&p up 2% and euros stocks at 3.5%. it may get attractive from a value investor perspective. alix: i spoke to the ceo of bp last week and he said brexit was not affecting his business. he was not stockpiling anything. he did not need to do that. he said it is not having any kind of impact. we will see. david: very different for the banks. alix: you raise the point about the complacency in the market. this is volatility across different assets. you havethe fix, european stock volatility, your accent -- you have fx volatility. we are right around lows. how you deal with this? mona: it is reminiscent of 2017 where volatility was low. we do not get one 5% or 10% correction of the marketplac

david. [laughter] ida: global growth has low -- has grown in the last year.ly control 40% of global wealth and are expected overontrol 30 trillion more t the next decade. in addition to everything we do, the core for the female clients, asset allocation, we have also noticed that female clients are focused on socially responsible investing. impact investing. making a difference. i had a discussion with one of our female clients earlier this week and she was saying i want to invest in diverse companies. the ability to build a portfolio for her that focuses on that. other conversations where clients are focused on environmentally friendly green investments. this is becoming so much more of a mindset. it is not an asset class, it is a feel-good way to invest. david: how do you balance making money with those other values, that is to say we want to do both at the same time? you have to give up some of the yields in order to have diversity and environmentally responsible companies? ida: in fact you can make a better return. you can argue diversity equates to outpe

low overnight of 2.34. things have changed a bit. >> good morning, david yes, we did hit some interesting int intraday lows.a bright spot we continue to monitor this mi 230s, playparticularly 236, 237. it is somewhat trying to create a base here. if you look at what's going on in the grander scope of things, open the dhachart up to the falo 2017 we're hovering at levels we haven't seen since the end of 17 and ten year not only are our interest rates and stocks checking each other out, getting read do i dance a little bit today as rates continue to firm up, stocks firm up they kind of cross fuel each other. we're now up a handful of basis points in twos we're up three basis points in tens if you look at bunds, maybe not basing as well they're hovering at levels they haven't closed at since october of 16. the u.k. have a raft of central bank issues, brexit a lot of uncertainty. even though right now they're comping to around september of 2017 they're not far away being under 1% from going back to the same bunds fall of 2016 finally one area that's strong, dollar index it's up a half a cent today. i think the

clinical ties between the two have hit a postwar low in recent weeks to david fighting over several issuesng european union budget rules and the future of a high-speed rail link. plus, italy's populist leader wants members of france to meet with members of the yellow vests protest movement. global news 24 hours a day, on-air, and @tictoc on twitter, powered by more than 2700 journalists and analysts in over 120 countries. i'm mark crumpton. this is bloomberg. live from bloomberg world headquarters in new york, i'm shery ahn. amanda: live in toronto, i'm amanda lang. we are joined by our bloomberg and bnn bloomberg audiences. shery: newmont mining rejects barrick gold's $17.8 billion unsolicited takeover bid. the deal would have created the world's largest gold producer. south amazon, former ceo of ibm, talks about why he thinks blockchain could be the solution to data privacy issues. brexit from trade routes? we will give you a hint. let's get you started with a court check on the major averages. we are seeing major stocks falling, the dow down 1.2%. the s&p following the most in six weeks

then there's no need for the low rates that we still have. davidwe have the bank of england decision. alix: so nothing. basically. nothing changed. that's a shocker. the rates stand at 75 basis points, it was unanimous. guy: the brexit fog is now so impenetrable that the bank of england doesn't have any choice but to wait and see exactly what is going to be happening here. it's interesting that the bank is reiterating, it could move in either direction on a hard brexit. the market doesn't believe that it believes that the bank of england would err on the side of caution and likely loosen rates in the event of a no-deal brexit. the pound would be expected to move sharply to the downside. would the bank lean into that or against it is i think the question se market is asking. the suspicion is that the bank would not hike rates if you were to see an inflation shock generated by a pound move low. it would see it as a temporary factor. jonathan: president donald trump saying a deal with china is close ahead of a fresh round of talks in beijing next week

david: is this good or bad news trump?hed says he wanted low interest rates, but now he doesn't have anyone to blame if it goes sideways. marty: you talk about this election coming up in 2020, and a whole fleet of republicans ready to run on a great economy. so i guess it is good news, but as long as the economy stays on course and continues to grow at is it has been. ?lix: does he blame unions all right. gina martin adams and marty schenker, thank you so much. tvto gdb to go -- go to in your terminal. this is bloomberg. ♪ lyft is hoping to raise more than $2 billion in its ipo. the ridesharing company coming out with its plans today. they plan to sell 30 million shares at a price between $62 to $68 an hour. in 2018.ny lost money a buyer is offering a mix of cash and stock to provide revenue of about $12 million. shares of italian fashion house product falling the most since january -- fashion house prada falling the most since january, blaming its asia slump on chinese tourists cutting back spending in hong kong. that is your bloomberg bu

low margin business. >> a total cluster flicks. david: that was close. >> careful. >> apple presentation show time should have been called rerun. the problem is that everybody wants a close and personal relationship with me, they control the comings and goings of all over tv players, i get it i am attractive, all right, but i cannot have a perfect relationship with everyone i am sticking with my cable bundle. david: thank you. appreciate this. >> mueller probe may have ended but some democrats pledge to continue their investigation with that can we heap for any bipartisan progress in congress. on big ticket item, we ask south soutsouth dakota senator he is h us next. >> i spoke with nancy pelosi about it the other day, we agree on it we like the type, i think, like the type of infrastructure we're talking about. shouldn't mean going back to the doctoro just for a shot. with neulasta onpro patients get their day back... to be with family, or just to sleep in. strong chemo can put you at risk of serious infection. in a key study neulasta r

would hold their nose in this relegation battle david's return to the shell could bench has seen a predictable focus on defensive stubbornness did a low hendrik right and a sniff of go early on. alexander nubile to the rescue for shelter. as expected this wasn't the finest spectacle but shoka showed just a bit more quality time to believe in thirty nine minutes. one nil with his first goal for the royal blues he did well to kill benyamin cross over gave him the freedom of the penalty box to pick his spot. over press more after the break but we're ultimately toothless. short kissed the bar. couldn't find a way past nubile. one nil the final score relegation looms ever closer for hung over take a step towards safety. and in sunday's match frank hosted a hapless to got side have won just once since the break and a desperately fighting relegation frye at frankfurt on the other hand are in fine form they've won their last four games on the trot something they haven't done since the beginning of the twenty twelve thirteen season they make it five. the frankfurt faithful were hoping to see the home side continue their run and we prague back

. >> reporter: which district 17 assembly member david chu said is having a devastating impact on low and middle class residents. today he introduce add bill to eliminate poverty related tows, if the owner has five or more unpaid parking tickets, if the car registration is more than six months out of date or when a car has been legally parked for more than 72 hours, information u law enforcement and meter maids have access to when calling a tow truck company. diane tober says when she went to register her car she discovered she had more than $1,600 worth of unpaid parking tickets and fines. >> when you're trying to figure out how to, you know, keep the lights on and pay your phone bill and put gas in your car and food on the table, to be hit by such excessively burdensome fines is a real burden. >> a burden mary lovelace felt as well. i was unable to continually look for work once they put the boot on my car. >> if the bill is passed two dozen statutory grounds for towing cars will remain intact. >> towing should be used for traffic flow and p a reasons. >> assembly member chu says en

david: one other aspect of the president is he likes low interest rates.s made no secret of that fact. it's made a question of what the fed should be doing right now. if we are really having be sort of growth mr. hassan is describing, should we be raising? listen to what bill dudley had to say about the possibility of raising rate hikes. >> if inflation starts to drift higher, the fed will be back in play may be as early as the second half of this year. david: if you were back at the white house advising the president, would you expect them to be prepared for increased inflation and may the possibility of higher rates? guest: that is the irony in the situation, which is i think the fed is probably making a reasonable decision, though it is certainly a dramatic turn from december to see the expectations go from three additional rate hikes in 2019 to evenero rate hikes, and people speculating about a cut in 2019. obviously the fact that the market in the fed is looking at that is because they are assuming that the white house economic report is wrong. they a

lows. charles: that is the precp effect, david. i'm not sure if they told you about it. david: you're too much. charles: i'm charles payne. this is "making money." markets are in the red. reports we're getting closer to a trade deal with china. i shouldn't be surprised actions should not be surprised to viewers of the show. we talked about this is built into the market. the question how much profit-taking can we expect? ultimately what is the catalyst to reignite the rally? my market watchers weigh in what it means for the u.s. economy. we're asking the question did ben bernanke quantitative easing spark a knew version of socialists like alexandria ocasio-cortez? it is not farfetched. speaking of aoc. she and i had an interesting exchange over twitter. wait until we tell you all about that. all that and whole lot more on "making money". charles: signs are pointing to the united states and china finally getting closer and closer to an actual trade deal. i've been waiting for the session. the signs have been there. think about it last week. severally attempts faded intrada

low for you. so let me say once again -- >> david, let me go to you. because what i'm saying is that even in good times -- i gave you two opportunities. >> these are great times. you haven't even discussed the infusion that this president has had an infusion of capital. >> the reality is part of his base is attracted to donald trump because he's a racist. so there's not going to be any plan. on the democratic side, the good news is, as julian castro was just talking about on this show, we're going to see a groundbreaking democratic primary where these issues are raised, structural racism, the income disparity that you just talked about. i think that's going to be a healthy debate for the democratic party. i think candidates are going to stake out different positions on that, but i think everybody will come around to the view. as a conservative columnist in "the new york times" said just addressing the issue will start to heal the country. >> 68% of americans opposite paying black americans who are descendants of slaves, but when we look by race, most w

low tonight, only 61 -- not that cool honestly. ♪ i'm david beebe until 1:00am.part of the state was always called "el despoblado" -- the unpopulated zone. which it never really was. ♪ ♪ >> anthony: born and bred near here? >> roger: yeah, a couple hundred miles east, not far. >> anthony: that's considered close around here. >> roger: close. the forest still makes me uneasy. surrounded by trees, i get uneasy because i can't see. i can't see far enough. >> anthony: now, i guess unlike a lot of texans who take a rather romantic view of those early days, you seem to view it in a darker prism. >> roger: it is dark. the story of texas can get a little too polished. it was a conquest, and people forget that. there were people here. the spanish and the mexican authorities wanted to exterminate the apaches. they created "the society for the extermination of the barbarians." >> anthony: so, the classic cowboy and indian film of scalp-hungry indians -- was not really the case. >> roger: well, they took scalps too. but they kind of learned from the anglos, and when the texa

theinteresting -- david: adjusting thing is despite yields being so low in europe, you are getting are so than you are getting on u.s. treasuries. the u.s. treasury five-year is below the cash rate. you're getting a negative kerry, even a zero in bund. a positive carry over negative cash rates in europe. still have some risk on, still carried but selective. alix: david riley, thank you very much, and carol, it was a pleasure. coming up, bloomberg markets -- the open with jonathan ferro. this is bloomberg. ♪ jonathan: from new york city for our viewers worldwide. i'm jonathan ferro. "the countdown to the open" starts right now. ♪ jonathan: growth worries hanging over global markets. german manufacturing slumping deeper into contraction territory as trade tensions continue to weigh on the european economy. u.s. officials playing down a quick deal with china. german ten-year yields dropping below zero for the first time since 2016. 30 minutes away from the opening bell this morning. .53% during the dollar stronger and euro weaker. 1.1306.lar a big bit into the treasury market. yields lo

a bit of a low rishaad: it is a tough one. david just based on the two, i think joanna has really ofhlighted the conditions chinese stocks. note, it is your first time and when someone asks did you win? you have exhibit one, just buy that much, congratulations. david, congratulations, first runner-up. ♪ >> it is a most 11:00 in singapore, 8:30 a.m. in mumbai. rishaad: as we enter the last hour of the morning session in hong kong, a look at top stories. the rating of china's factory floor, better than anticipated. mainland stocks on their longest winning streak since 2016. juliette: the fed will remain patient. rishaad: north korea, warning aere may be no chance of landmark accord. this is bloomberg markets. juliette: mike pompeo speaking in manila says the u.s. is anxious to get back to the negotiating table with north korea. hanoirupt end to the summit yesterday saw korean stocks dropped by 1.8%. holiday. a public pretty good buy in coming through across asian equities. shanghai looking pretty strong. csi 300 up by 1.2% after a ste

low retention. the former chair of the nevada republican party wp. and david bossie, from citizens united.ogize for kicking your name. your thoughts about jeb bush and how much he brings to the republican party and how revolting is it he would even suggest he's a conservative? >> i found it extremely comical. you said he's low energy. lou: i stole that from president trump. >> how pathetic. please clap. he's a sore loser. it's so easy for other people to stand at a distance and say someone else should do this. why don't you gene run. it's a lot of hard work to run and it's a lot of work to fundraise. he fundraised up to $130 million and didn't have much to show for it. he needs to take a seat and go to a country club and hobnob with his buddies in florida. lou: could you hear axlerod cheering him on. knowing he's just a tool of the left, for crying out loud. david, this president stands up for the american people. had to fight 12 rino senators, and the radical dimms, and thank god we have got this president. he has a party that's so splintered and disgustingly weak. it's sickening. >> he's

low. but one of the problems we have david with the economy as you know is it's booming so much that literallyloyer about any state in the country ask them the biggest problem it's finding workers. basically what we're finding right now in terms of the economy is we just can't find the workers to fill all the jobs we have. 7 million jobs surplus. that's more than the entire population of indiana. by the way, david i've known you a long time i respect you. but you called seven of the last two recessions he remember when you first started talking about doom and gloom in the mid-80s the you dow at 2,500 today it's at 25,000. >> the point is we do have recessions. they haven't been outlawed. we're at the very end of a long recovery, the weakest in history. we have now got in enormous deficit buildup. we have the fed finally belated trial trying to normalize a a little bit. we have a world trade economy that's slowing down dramatically. china down 10% first two months. korea down 19%. we are going to have a recession. it will come next year or the year after. no doubt about it. and we will have a $

david. it's a powerful, slow-moving storm with blizzard warnings already up in the plains. it's a low across baja california right now. check it out. high wind warnings also posted for oklahoma city. and we've got flood watches that have been expanded into minneapolis. but a severe weather threat that's to start tomorrow, then the low gets cranking on wednesday during the day. that's when blizzard conditions may ensue in eastern colorado, 50 to 60-mile-an-hour winds with the snow blowing sideways. 6 to 12 inches of snow. but heavy rain over snow pack in places like minneapolis, back through des moines, that's where we think we'll see some flooding. eastern half of the country, quiet, at least for now. but that changes on friday. david? >> all right, rob. it's going to affect the whole country as the week wears on. thank you. >>> next tonight, to a parents' horror. it's that time of year, spring break is now here, and tonight, we've already learned of a college student plunging from the seventh floor balcony of his hotel in cancun. what his girlfriend and what witnesses are now reporti

longer period a of low oil prices than many of our competitors. davidwill exploit that advantage. what about the short medium long-term? mike: the nice thing about shale, and cycles so fast. within two years, that cash is flowing right back. they return cash within two years. last year was the strongest free cash flow in the history of our company. we have plenty of cash to invest in longer-term projects and return to our shareholders. we have a portfolio of longer-term projects under development. have tohose projects get more economically competitive. our deep water projects in the a higher orco took lower price to deliver the -- took a would want higher oil price to deliver the returns we would want. the economics are much stronger on those projects today. david: do you have to keep putting money in? an ongoingntail commitment to further capital? mike: any individual shale well works quickly and then has a long tail. if you grow hundreds of thousands of those wells, those lsles accumulate -- tai; accumulate and become a large wedge. pays or layers in

lows of december. it is really coming full circle. >>> let's discuss. joining us today, david from citi private bank and rick santelli from the cme in chicago. david, if i start with you, sara said up 20% from the lows incredibly, low vix and volatility, is there a sense of complacency out there at the moment >> i think a bit we have come full circle since december and the growth is in fact slowing somewhat and we are having a benign interest rate environment, no future fed hikes and people assume the best outcome an probably more growth than is possible for the s&p. >> rick, esch's talking about the 10-year yield breaking below 2.60 is that an ominous signal? >> three or four more basis points added on and i would say yes. a resounding yes taking out the 2.55 area that's the low for the year and then flash back all the way to january of '18, there's a certain level of nervousness about falling interest rates even though obviously conventional wisdom is do i want to be long stocks? that was the refrain in january of '18 but this is something to be concerned about with all the

low? rachel: i have all these pos that i can't fill. davidety of retail partners that are lining up, that are filling the pipeline. my getting more sales in the door is not a problem. turning this into a business that's got $10 million, $20 million, $50 million a year of revenue, that's not a problem. the problem is, is we can't get the plane off the runway. lemonis: have you been out there, trying to raise money? rachel: yes, nonstop. originally, i thought that the people that were my investors were going to help me. lemonis: did they tell you they were going to? rachel: yes. michael: some of them are fairly confrontational, and it's -- lemonis: in what sense? give me an example. michael: they've sent these guys letters and e-mails that are... more than just sort of your standard, "you're in default of our loan." lemonis: what's the interest rate that they're charging you? michael: the cheapest is 12%. some of it is, call it 36%, because it was intended to be like a 30-day loan. lemonis: fast-money loan, yeah. as an investor in a business, i

low margin business. it will be awfully interesting to see what they do differently, what is -- what's going to make this an amazon -- davidll be used in grocery. i'm sure that they could leapfrog over some of those grocery chains because of that. no? >> it's beauty, too. there's high margins in beauty. >> that's just it, david. they reinvented what it's like to shop, to shop online, to do the same thing with groceries and there will be an integration of your online world, your in real life world, where you pick up items or all thanks to amazon innovation. david: thank you, gang. going green may be good for the environment, but is it affordable for average americans or is it just for the elites? the results of a new study that could surprise you, coming next. fact is, every insurance company hopes you drive safely. but allstate actually helps you drive safely... with drivewise. it lets you know when you go too fast... ...and brake too hard. with feedback to help you drive safer. giving you the power to actually lower your cost. unfortunately, it can't do anything about that. now that you know the truth... are you in good h