david rosenberg there. 30 seconds left.what where you watching today. >> watching the tech trade. we put out that poll on twitter yesterday who had the best growth outlook, amazon, alphabet, or facebook, amazon and facebook tied. amazon got a little beat. a. >> all three watched this week. i'll be watching the european union banks. barclays soaring. european union stress test out later today. "squawk box" is coming next. narrator: the best place to find adventure... kubo: come on, this way. narrator: ...is in the forest. kubo: wow. narrator: so grab your loved ones monkey: don't even. narrator: and explore a world of possibilities. kubo: it's beautiful. narrator: visit discovertheforest.org to find the closest forest or park to you. now you can watch nbc's coverage of the rio olympic games live at home or on the go. expectations. >>> hillary clinton's big night. accepts the democratic nomination. wrapping up two weeks of conventions. now the real race for the white house beginning in earnest. >>> and gearing up for the olym

david webb, simon rosenberg, thank you both go behind the scenes of our convention coverage at the republicanational on social media including chat. get the inside scoop before anyone else by downloading the app or go on fox news on it snapchat for a peak behind headlights. had to be fox news app for coverage thursday with a digital hangout featuring the hosts of "outnumbered", and also shepard smith on the scene from 4 to 6 pm eastern. melissa: after the hottest june on record temperatures sorting across the country. it feels like 120 degrees in some spots. where warningsare posted and when it could cool off next area . jon: we're going to take you up to cleveland at the top of the hour for "outnumbered", sandra and harris, was coming up? >> a john, doing great. >> presumptive no more. donald trump officially nominated during and are in the c family affair, that saw speaker after speaker jim up the crowd by attacking hillary clinton. and tonight trump's running mate takes the primetime stage for the first time with all eyes on him, what does governor mike pence need to say? and everybody's g

joining us now is david baylon and jeff rosenberg.e saw an adp number that was a little bit better. we see these things and people complain about quarterly results being every three months because there's regression to the -- that it's too short of a period. we do this monthly and we do seem to see a reversion to the mean from time to time as we do with steve's work on the -- which you just looked up. >> i did. >> some months you're off by 2,000. >> i've got five and seven this year. my average error this year is 41,000. >> are you proud of that? >> i'm very proud of that. are you kidding? >> i'd like to point out economists excited about being less wrong than other economists. >> that's as good as you're going to get. look. what's you're model say, caruso-cabrera? >> i don't have a model. >> okay. well, put yourself out there. i've got an 84,000 error in february. and a 7,000 error in january. >> you could drive a truck through that spread. >> so the reason for bringing this up -- >> and a 5,000 error in april. you brought it up, joe

thank you both for the analysis, bill nichols and jeff rosenberg. >> david cameron makinging the finalnce in parliament this morning before handing the reins over to teresa may. our wilfred frost is in london for all of the excitement, and joining us outside of 10 downing street with the latest. wilfred? >> yes, indeed, sarah, the outgoing prime minister david cameron had the final appearance in parliament earlier today, and he was given a standing ovation, and albeit only from his side of the political aisle, and despite being the farewell moment, the labor party did not get up on their feet, which highlights the level of division in the british politics right now, and it is the polarized political landscape that the incoming prime minister teresa may will have to navigate and not just to navigate the country, but in the short term having to unite her party, and so what is on her agenda as he she is coming in, and of course, picking the new cabinet. a lot of thele balancing acts there, and brexiteers and the e remainers and the balance of the continuity of change, and it is thought ab

currency,l rule michael rosenberg is rolling on this, a weaker currency is wealth reduction. particularly in mayfair. [laughter] davidyou. for bloomberg surveillance with tom keene and mike mckee. jonathan, you should be talking about this. jon: possibly. thank you very much. looking forward to hearing more from tom keene throughout bloomberg go is the weeks progressed. the dollar dropping today from its one-week high, a jobs report tomorrow. the number one ranked fx forecaster is bullish. you on thet to have program. why are we not seeing the dollar strengthened the way you anticipated? when will we see it? >> it all depends on the u.s. development. the information of the market stopped economic data. we expected it would be better, and not only better than the first half of this year, but also better than expected. this would be markets changed to the last 18 months, were u.s. data had always been disappointing. support for the u.s. dollar comes from expectation of what the fed will do. we had expectations following the brexit vote that the fed would cut rates. we think this speculation is overdone, and expectation

rosenberg will be on as well from minneapolis. the currency expert as well. it is one hour from now on bloomberg television. ♪ davidquarters, i am david gura. lang.: i am amanda we are covering stories from washington, toronto, and beyond. here is what we are watching. the federal announce its decision on interest rates. much investors will do what they do every year, which is nothing. there could be a possible rate hike in september. david: shares of apple's soaring today. concerned about growth with news of the iphone as the sun better than the second. -- iphone se selling better than the second. we break down the results. david: we await that statement from the equus building. let's turn to julie hyman. julie: in advance of hearing from the fed and the commentary, we are not seeing much decisiveness being expressed, which is not unusual. on said days, before the decision and the statement even if no decision is expected, he sort of have a little bit of a range if you will. that is what we are seeing. the dow trading lower, the s&p off a quarter percent. the nasdaq is the winner, up 0.3%, on the strength of apple