atearned his phd in history the university of california at berkeley where he worked with david oliver. first articles published by harvard university class in 2003 2 brought a claim. lauded as original, imagine will be conceived and important, the book of course one of the book award and the akira international book award. his second book, know your enemy , the rise and fall of america soviet expert was published in 2009 eliminating subjects between academic expertise and national security. the book was widely praised for its extraordinary range and depth. includescholarship many articles. it has been recognized through awards in fellowship from the , and many guggenheim more. if you could publish his tv it would count in your publications. it is quite something. david has been important to safer. he surveyed in many roles including program chair, diplomatic history and other functions before his recent election as vice president and president of shaper. important on the issue of our relationship with academic history writ large. ago,cipating and while discussions about internationali

david kirkpatrick, ceo of tech economy. anrosoft is applying applelike approach to hardware. what do you mean? oliver: they service -- david: they service at themselves. one of the most incredibly transformative devices in the computer industry in the last two years, taking charge of the hardware design again in addition to making maps with the software they design, which is doing well. , computerf tablet hybrids that they have taken to market, is making a big impact. that is helping windows. windows is a little slower than i hoped for windows 10, sales. be a growthinue to opportunity. a lot of my thoughts -- apple is as well. owning that microsoft is a resourceful company. they have shown that most of all by giving the company to the ceo. he is extraordinary. scarlet: we have more headlines coming out, trying to find out the right number versus the consensus estimate. we have adjusted earnings of $.69, and we also have a fourth quarter earnings of $.39, andaps one is a gap number one is adjusted. it is hard to figure out which one we are comparing it to. this must be on a gap basis. the company was

david, we'll let you go. oliver, appreciate you joining us here, as well.re's more coming up on "fast money." and which stocks could be particularly vulnerable. that's top of next hour. >>> now european bank stress test results are next and what they mean for the financial world and the global economy. >>> plus, the economy growing. 1.2% in the second quarter. we'll discuss whether that helps hillary clinton or donald trump more in the polls later on. you're watching cnbc, first in business worldwide. at the marine mammal center, the environment is everything. we want to do our very best for each and every animal, and we want to operate a sustainable facility. and pg&e has been a partner helping us to achieve that. we've helped the marine mammal center go solar, install electric vehicle charging stations, and become more energy efficient. pg&e has allowed us to be the most sustainable organization we can be. any time you help a customer, it's a really good feeling. it's especially so when it's a customer that's doing such good and important work for the env

david because a fire broke out in the parking garage. the call went out at 8:30 a.m. from the garage at north olive and west 3rd streets. all government offices were evacuated and officials say that officers on the scene tried to fight the fire with an extinguisher, and the courthouse is expected to be open tomorrow. >>> and a rally continues this noon at philadelphia international airport hundreds of workers gathered to demand higher wages, they are asking for $15 an hour and will keep up the fight during the democratic national convention next week. it includes baggage handlers and cabin cleaners and wheelchair attendants. >>> now to the latest on the race for the white house and the republican national convention. it's a big night tonight for donald trump. he should officially win his party's presidential nomination, this after allegations that trump's wife plagiarized her speech last night. >> you work hard for what you want in life. >> you work hard for what you want in life. >> your word is your bond and you do what you say you are going to do. >> your word is your bond and you do what you say and keep your promis

david: this is "bloomberg ." a raft of earnings arrived today. with us, oliver renick. mcdonald's came out today, disappointing.ta and what's there has been a bit of a slowdown investor transferred wendy's and other competitors putting discounts out there, trying to draw in less.ans to pay a little riding the coattails of all-day breakfast for a while. it and it's there. how much can we keep adding? almost a year after implementing that come investor start to look at what they will be looking at in terms of their guidance. revenue as same-store sales missed as well. i forget what bad shape mcdonald's was in not too long ago. the new ceo brought in the all-day breakfast, really turned around quickly. fixthat just a short-term or does he have a longer term plan? mcdonald's is a fast food restaurant. they have their menu. when you overhaul the menu, that is a huge part of it. when you come in and miss sales expectations by .5%, that is a big deal one of the trans-we've trends we'vef the seen, people reacting to earnings season, it takes on importance when you miss or beat. a restaurant recession. is that a real st

david: this is bloomberg go. it is time now for battle of the charts. alex will take on oliver renick of bloomberg news.hart. >> it is modern art. it is about correlations and this is a fairly important thing for a lot of people today. this has been a chart we have been looking at for the past 48 hours and i am going to milk it for all it is worth. the correlation between the stock market and the s&p 500 and other asset classes on a 30 day rolling basis. we are talking about the day-to-day link between assets. the green line is the s&p and the japanese yen. like blue is the dollar, greater grey isear bond, -- the 10 year bond, and that kind of happened as well as we got a selloff on the equity markets. then things slowly started to narrow and this was a big topic among strategists is when you , thingsser correlations are moving independently of each other. thisbrexit we are back to world as things are starting to expand and you have assets moving in the same direction. alex: it is a good chart. --m looking at my capacity bailout without hurting bondholders. this chart tells that story. over five line is