dimon: you too. lisa: can i take a picture real quick? dimon: of course you can.i felt that cory and lisa needed to have some small wins along the way. being in business isn't about making a million dollars in the first year. it's about enjoying and celebrating the little wins, and then letting them mount up over time. cory: oh, wow. that was amazing. lemonis: he loved it. cory: yeah. lisa: like, i'm not built for this type of work. lemonis: yes, you are. lisa: it's not me. lisa: i don't think i can take the company where it needs to be. i think he can. lemonis: you can. i'm positive. i wouldn't be standing here. i know there's more inside of you, and i'm gonna keep digging because i know what you're capable of. lisa: it takes time. lemonis: it does take time, and that's trust. as we build trust with each other, that will help. lisa: that's hard for me to do. lemonis: i know, but i think you trust me more today than you did when you first met me. lisa: yes, i do. lemonis: and hopefully a month from now, you'll trust me more then than you do now. ♪ i've been uncomf

jamie dimon says going back to work is a good thing.verybody knows there is a cost to this extraordinary lifestyle change. hf course, people have to weig the health risks with other things. jamie dimon saying that the costs of not coming back to the office are building. costs when you send them back, then you have one trader get coronavirus and having to send them back home. it will be really two steps forward, one step back. more, i want to bring in sonali bostic with the latest. loudlyan, the first to bring everybody back, and now the first to -- send somebody home. sonali: this is pretty incredible. less than a week after starting to bring people back, letting them know that they wanted to bring as much as 50% of their people back. that is pretty impressed that pretty aggressive compared to other banks that have been slow walking it. faced these issues before. it just goes to show that this whole equation will be much harder than expected when it comes to potential covid cases in the office. on top of all of these other issues the ba

does this derail jamie dimon's plan?ss it is wait-and-see mode until we hear from jay powell later today. the note that caught my eye, markets confront a quad-fecta. and the fed needs to consider all this before their future guidance. outgunned ie to be somebody we both respect. it is all about this. asymmetric risk in the bond market is to the upside. with thelimits on it, fed tolerate a bond yield spiking? what would that do to the market and to yield curve control? course, all of this before the u.s. election, 48 days away, and this is the last fed meeting. everybody talks about the skinny brexit deal. nobody knows what will come down the pike. s&p, asia and european stock markets this morning -- trump says a vaccine will be available in three to four weeks. perhaps a little pushback from bill gates. watch the interview on bloomberg.com. thiss are a little better morning. euro stocks flat. it is all about what the pboc did. -- we have swag, we can hold out, we can let this go higher. viewve citi moving their in the ne

you mention jamie dimon. his comments are interesting the fed has done enough at this stage to support the markets take a listen. >> i think they are doing the right thing now which is to let us get through this. there are going to be serious issues about government deficits that is kind of a secondary problem right now. getting through this and cooler heads will prevail and get to that wisely. >> he mentioned he's disappointed congress hasn't come up with the second round of stimulus the ceo of standard charter group, bill winters, take a listen to his comments very low interest rates are difficult. we estimated that the impact would be around this we think this could be around us a number of years or longer. and it could be a hill we have to climb we can do that >> talking about the impact of very low rates including discussion we've had in europe many years where they may lower rates the conversation that american banks would have to deal with. much rosier forecast have crossed for the recent quart and une

melissa: well there is this push and pull though because you have jamie dimon, i was looking for the exact quote. he calls it creative combustion. he says something is lost when everybody works from home. the flipside of that we heard a lot of companies say in their last earnings report, well, wait a second, we're saving a fortune on real estate. people are just as productive from home i heard a lot of people say. even if there is some lost productivity they're not wasting all the commute time getting to the office. so net-net, they're kind of getting more out of their workers in the day. so what's the truth there? you hear some managers say one and some managers say another. what do you think the truth is? >> yeah. i think the debate will go on. i personally think, i'm a little more efficient at home but the, jpmorgan is obviously a leader in that industry and i think jamie dimon feels his conviction that the bank benefits from having more people there is probably going to have a big impact across the industry because in many ways he's seen as the model to emulate. that will be infl

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in fact what i find most shocking that jamie dimon needed to hire a bunch of advisers and consultantstell him that employees are less productive when they work from home. it is very easy to get distracted working from home. i have many friends in my age group who are newly working remotely because of the pandemic. they tell me all kinds of things. one girl i know who sets her alarm for 8:00 a.m. every morning. turns up on the computer, so the employer thinks she is working, goes back to sleep for an hour. if we're working from home it takes a lot of discipline. charles: i have employees. believe me our productivity on fridays is horrible. less than a minute though. i want to tell you about the villainizing, villainization of big businesses, whatever the word is, should we be cheering or jeering company like amazon? they will hire 100,000 people to help with surging orders. they have a million employees. should we focus on who how much taxes they pay or how much economic out put they generate for millions of american families? >> hard to answer, charles. covid has been a boon for amazo

morgan jamie dimon have been funding terrorism and now fin senna's come out and said exactly that and as you say nothing will be done on mean that this i don't know what he alan joe great i mean they go to the doctor he says doctor my brother thinks he's a chicken and the doctor says here take these pills and he goes no you don't understand we need the eggs. so even though if incense says these banks are committing terrorism the justice department will say we need the eggs we need the money we need the revenue we need the profits we need the billionaires. well max what you describe there is the holder doctrine of course you and i right here in kaiser report cornered eric holder former attorney general of the united states who let h.s.b.c. off the hook many of these articles are comporting out the h.s.b.c. only signed a deal a few years ago with eric holder saying that they promise never to commit any more crimes and these documents show that they indeed can continue to launder money for drug cartels and other people that's really incredible so raises just b.c. i remember that they the

this is not something the first time jamie dimon is talking about this he on his soapbox often talksbout some of the fundamental challenges of society. he's talked about the income inequality, opportunity inequality, our failing school systems. and he has said in the past multimilliple times after this up at places like davos in switzerland, he talked about how if this money is going toward some of the fundamental problems we have in our society, he's okay with raising taxes on the wealthy. he's just -- we would just prefer that they don't raise money on -- they don't raise taxes on actually actually what people own, that they raise it on income. >> so hugh, speaking of jpmorgan, you had some reporting that the traders at the bank may be complaining about a lack of communication regarding covid-19 cases in the office. what are you hearing about that? >> right last week there were press reports people on the fifth floor, one person on the fifth floor who came town with covid as it turns out, most of the building at jpmorgan, which is in midtown learned about it from press reports and

jamie dimon says working from home will cost lasting damages. facebook versus the ftc, a possible antitrust lawsuit against the social network. kim kardashian urges or 188 million instagram followers to freeze their accounts. good morning and welcome to "bloomberg survellance." francine lacqua here in london. the interview of the day is when we have a conversation for the vice president from facebook emea. that we also heard from ursula von der leyen, the president of the european commission. 225 billionlanned euros in green bonds that may have an impact on markets. later on we look at etf. stocks are actually rising ahead of the federal reserve meeting. treasuries and the dollar pretty much steady. crude oil extending gains. let's get straight to the bloomberg first word news. ruled the u.s. violated international rules by imposing tariffs on china. it is unlikely to lead to changes in washington. the white house can veto the decision by appealing. it has paralyzed the wto by blocking new appointments. president trump's controversial pick for t

and coming up, not one to stay silent ouat jamie dimon has to say abt a wealth tax abt a wealth tax we are back right after this a fleet of elect. we're striving to deliver a package with zero emissions into the air. i feel really proud of the impact that has on the environment. we have two daughters and i want to do everything i can to protect the environment so hopefully they can have a great future. i feel like we'reect forglet me check.ing. xfinity home gives you peace of mind from anywhere with professionally monitored home security built around you. no, i think we're good. good. so when you're away, you don't have to worry. the tent. we forgot... the tent. except about that. xfinity home. simple. easy. awesome. hey look, i found the tent! get xfinity home with no term contract required. click or call today. >>> we are going green futures go higher. where do we go from here results asking you, the viewer about the market's direction, next no shut down here either the house passing a spending bill that now goes to the senate that's coming up >>> investors tapping the brakes on tesl

historic, life-threatening flooding along the portions of the coast. >>> speaking to geoff, jamie dimon called for further stimulus >> governments around the world took action. i think that is very admirable of course, we'll be finger pointing for years about the part that didn't go well it is a little disappointing we haven't come together in the united states with thele second round here we do need that round. carefully open up and get this economy growing for the sake of everybody. if we have another down turn, okay, you could have serious economic problems, social problems, et cetera. governments should be thoughtful in terms of opening up >> the federal reserve is expected to keep rates on hold the conclusion of the two-day meeting. investors will be keen to get further insight on the new inflation policy to discuss the expectations in more detail, chris campbell joins us now great to have you with us today. it sounds like investors are firmly fix ated on the predictions. not just this year but out to 2023 what are you expecting do you see any sign the fed is going to overshoot the

overnight at the singapore summit, jamie dimon suggested that that has succeeded in averting a financial the wake of the pandemic >> what they didn't want was a global financial crisis in addition to a great recession. that's where markets close down and people can't get money and so they kept the markets open, which benefited everybody. you know, they don't need -- right now they're so wide open that they don't need to be pumping it up anymore. let nature take its way. >> joining us now is noah blackstein from dynamic funds. noah, great to see you. >> nice to see you. >> is it enough for the markets for the fed to just say lower practically forever or does the fed need to move toward outcome-based guidance, average inflation targeting, et cetera, for the markets to be satisfied and continue this rally? >> well, there's the old saying that once something becomes a target, it's no longer sort of a good measure, something to focus on so we've had a problem targeting inflation for a long period of time and i think we've kind of run to the end of monetary policy so i think the fiscal support

checks we got a senate that jamie diamond because we got his vomit and it looks like legitimate jamie dimon vomit he gets all the money you get nothing you mention commodities of course aside from being a central banker plucky is a commodity he is a chicken chicken prices in a food prices have gone up and i think this is what the fed will be using as well not only will they do have donek adjustment and say well you won't eat chicken you only chicken mcnally guess what or what are food like substitutes right and look for ways to say that the prices are always declining but if you look at the c.r. be index that commodity is index you'll see the commodities inflation accelerating obvious to everyone who has it in their accounts as up 42 percent since may of course there was a huge sell off before made during the initial pandemic days again you know the 42 percent is a huge increase in the commodities prices at a time when we are going down and the you know governments especially outside the united states are running out of free money to give to people through this pandemic especially that it s

exactly the the rackets of wall street are a growing exponentially they'll be consolidation and jamie dimon will make another $1000000000.00 yes so there will be consolidation and i think you know the this issue with deutsche bank and h.s.b.c. h.s.b.c. the biggest u.k. bank deutsche bank the biggest german bank i.e. the biggest european bank so are we going to do anything with them we can't write because those are our allies one of them will end up being acquired by j.p. morgan i think that's clear like it's like u.b.s. paine webber was a huge intercontinental merger at that time to nobody thought that was going to happen but j.p. morgan to buy either deutsche bank or h.s.b.c. well we'll see about that but back in the u.s. and i think you know my theory is that with this next we have a lock downs and this collapse in the banking shares i think the u.s. is just going to have to step forward to you know if this is their empire they're going to have to. because they have the reserve currency they're going to have to start sending checks to europeans british might be 1st i think u.s. treasury s

jamie dimon also weighing in on that debate, saying it will force economic as well as social damage.et range, a california-based company plans to sell 28 billion shares and is set to raise $3.3 billion from the offering. amazonrare challenger to . shares are set to begin trading wednesday in new york under the symbol snow. auto home, chinese online car sales company could raise as much is $1 billion u.s.. the new york-based company is said to be targeting next year for the listing of auto home, which is valued at about $11 billion. juliette: we're just getting some breaking news, some sad news on the virus front. surpassing 5 million total virus cases, 5.0 2 million. this is a country that has been struggling very hard to keep the pandemic under control, even though it has some of the strictest lockdowns in the world. really hurtingen with those economy, indicators we've been following on bloomberg. .02 millionating 5 confirmed virus cases in india. reid hoffman speaking exclusively to emily chang. >> >> >> i think what seeing here is the first place where were moving into a much mor

thatyes, i saw you report as i was waiting to come on, from j.p.morgan, jamie dimon.esting because generally i have a lot of time for what jamie says about life, but i'm not sure i agree with that. obviously it is true and at the core of the economist theory of agglomeration, and a lot of evidence comes with people mixing from me -- mixing with each other. working in a small office like the one i'm sitting with now, never mixing with other human beings, that would ultimately be a real problem for creativity. but i think this is why we will probably end up with a lot more flexible working, and in that sense i would say the opposite of jamie, just the almost mathematical fact, that if you stop people having to waste so much time commuting long distances into big urban centers, five days or six days a week, and they can still contribute to the same amount of output, by definition, that is boosting productivity, and then might be one of the better things that comes out of the mess we are in. much, jimthank you so o'neill there from chatham house. the markets are actually

is a lot of talk about jamie dimon's private committee and working from home, and i also want to talkrexit and the plans that j.p. morgan has put in place. what do you spend most of your time on. we talk about the markets and some of the business. is it a worry that people can come back to the office quickly? how does it change work patterns and how much time do you spend talking about brexit and how do you plan in the eventuality of a no deal? vis: i think we have just gone into a nice rhythm of some kind of a rotational work from home, so we had folks who were working from home, and it was an interesting part of our return to work plans, where there has and 50% of the time a home the remaining 50% in the office. for us, really, the benefits of being together, the camaraderie, the intellectual kind of mind share, also remember, we have a massive intake of no analysts and interns who really gained and benefit from soaking in kind of the j.p.morgan culture, money from colleagues on the trading floor who are next to them. so that was part of our kind of drive and desire to really, you k

of women there could replace jamie dimon when he retires.e years,ys five but when that day comes you could have a woman at the top there for sure. guy: does it change the way that look at the succession process? she doesn't come from nowhere, but her acceleration through the ranks has been fast. good thing. clearly this is a company that decided it needed to promote business,n its sending a great message about say.sity, as you a fantastic cv, a woman that will make changes at this business. in terms of looking at other street, does wall this just widen the funnel of need tole that we consider that could be running those businesses and that shareholders need to figure this out? >> i had this discussion with my own family, my own daughter. you say a hand pipeline problem, on the other .and a role model problem by promoting a woman to the top of the firm you have a role for others looking to come up the ranks. jane frazier has experience with u.s. banking, latin america, consumer banking. had many other positions. and she was at mckinsey. it's

jamie dimon says work from home will cause lasting damages. plus, facebook versus the ftc. u.s. authorities are preparing a possible antitrust lawsuit against the social network, meanwhile kim kardashian urges her 188 million instagram followers to freeze their accounts. good morning and welcome to "bloomberg surveillance." i'm francine lacqua in london. tom keene is in new york. tom, once again the new slow is pretty terrific, and we are getting some news out of the oecd. i think they have increased their forecast for the global economy, so they are now expecting the global economy to drop by 4.5% instead of 6% drop that they were expecting. this would be for the whole of 2020. fed day and i have my fed uniform on for caroline hyde, all ready to go. they will come out with a forecast as well. there is a pandemic, everybody is guessing including tom keene and francine lacqua. but it is a nice vector, a nice gurrria. fortress look at the headline. this follows from that dropping -- that jaw-dropping 11% lift in jobs. amazon plans to put 1000 warehouses and neighborhoods. this is

that's likely to be one of the executives below dimon assuming the new ceo in, two three, four, fiveget the chairman title as well, then burke is in the primary role for that. people wond whaerd other rolerel come up for burke. >> no question about it. you said he is also a director at berkshire hathaway, right >> no news as far as i can see he would step down from that position of course, berkshire hathaway have various positions in banks selling them down. and have been outright positioned themselves through todd combs on the j.p. morgan board. the it has always been one of the questions the level of overlap there. they don't have the positions in other banks that they hold positions in so maybe that will change going forward. as far as i can see, there is no change to steve burke's position on the berkshire hathaway board. i also wonder whether berkshire hathaway is selling down the bank stocks. maybe that is continuing as well we don't know. this announcement from j.p. morgan that steve burke is elevated to lead independent director up nichext, we'll look at if anf apple's anounn

jamie dimon said months ago that is not a normal recession and we have not seen the impact just yet.t might come later this year. as you look at the financials, how do you think about that? christopher: these are obviously names that are very sensitive to the shape and absolute level of interest rates and that is not had -- that has not been a good story. interest markets were starting to perk up last year and now it is compressed again and we don't see them expanding anytime soon. that being said, they are priced for that kind of outlook. the other dynamic that invokes a lot of fear, especially in march about credit. credit seems like it is going to end up better than was feared. it is still going to be an ongoing issue as we work through this recovery. tom: new lows this morning. of 350 nasdaq point. techfor you guys does become cheap? christopher: i don't know if i can answer that at a macro level. we are looking at all sectors. a lot of those business models among the big five are recurring revenue models, low capital intensity, these are all things fundamental investors should l

jamie dimon were all white. >> trevor: okay. this is an interesting dilemma.ells fargo say that they want to hire more black talent but also say there is just not enough black talent in finance to hire from. which is weird because every day thousands of black graduates are trying to get into finance. maybe they should pick up one of those ads, you're not hiring black people t is because you don't give a shit, don't be like it is because you can't find them. how hard are you trying, hey do you see any black people to hire, yeah, yeert do i, all right, we will go with chad. one of the things that gets me about this story is this, wells fargo can't find black people to hire, according to them, right, but whenever wells fargo is searching for black people to exploit, oh, then they never seem to come up short. they are intn bsh for charging black and brown people higher interest rates in sacramento, philadelphia, miami, baltimore, they found black people then, whoever found those black people, just have them look for black people to mier because clearly they know w

every single morning we're seeing allegations for the biggest bank trade off you don't think jamie dimone up this morning and have coffee and come back and refute the allegations i think people have to have the ability to understand all the district attorney traders out there that the sentiment will move but you'll have to dig deeper and find facts and not just headlines. >> you said it's 2020. let's just move -- 2020 needs to go away as quickly as possible when you sent it i thought pb and j is the food etf. but no it's structured differently. why is this one to watch >> it's dynamic software tech is our number one sector despite september but these are names that you know. snap, docu sign, these are names we want to have repositioned this is the last week toward the end of the quarter and no matter what you want to plug in, we're five or six weeks laout from election and you'll see the acceleration. >> jump in and pick up values here we appreciate it thank you very much. folks, thank you for joining us here on worldwide exchange dow future down 500. down 23% and the political fight ove

you have heard from jamie dimon, from netflix, big ten football is coming back -- i and from the midwesttransit data. we are going down a one-way street on economic recovery, and in the market is sniffing that out. people may be fighting it, but every step we take down this recovery is down a one-way street in my mind, and that b odes badly protect, because people will look at housing, health care, those things. alix: really quick. will what is happening tomorrow play into this? michael: if you are heavily long tech, that is going to be a real fireworks show, we have to beyond liberty that day. there will be a lot of action. alix: you promote us and you love us -- so, michael, come back anytime. i really appreciate it. you have to look at what will eappen tomorrow, maybe resquar positioning, and you have to look at robinhood as well. a big driver of the tech roundly. guy: we have been talking about it short dated call options, will be interesting going into tomorrow. it will encapsulate what a month it has been with a massive selloff in the first couple days. alix: coming up, david westi

we have jamie dimon saying come back to work will it work i have encino, it makes banking software forhe cloud and they're saying, do you know what, they may think that jamie dimon has the sway here, but jamie is giving you that little -- could end up being big hole that if you are with your kids or if you are part of a protected class you don't have to come, but what i think is happening is, david, it's not going to go back that way. yes, they are training people who have to come in, but when you see the software that people have to work at home, when you see the productivity, when you see how little time is spent versus an hour and a half on the tube going to canary wharf, you know that as much as jamie might want people back, work at home is the driver of tech and it's not going away >> no it's not you're referring of course to the story in the journal and we can confirm that as well, but, you know, when you are on a trading floor, when you still gain a benefit from knowing what your colleagues know in a realtime way, by yelling at them, or being able to walk over them, there is a b

reporter: it is likely overseen by chairman ceo jamie dimon.ustomers for potential abuses of the ppp program. the bank confirming it is looking instances where customers misused those loans, unemployment benefits as well and other government programs that were offered at the time. the bank was the biggest lender of ppp issuing $280,000 in loans, excuse me, 280,000 loans worth $29 billion in total. that is according to data from the sba. help for businesses enacted at the height of the pandemic was designed by treasury for the honor system. maybe that is not working out. the bank is working with law enforcement officials where to identify the abuse of the system. at the time this program was heavily criticized for technology problems, changing lending rules. there were accusations some of the banks favored their bigger clients over smaller businesses who some now argue, did at the time needed the cash. there is currently impasse in washington extending elements of the program. this news today may not help those negotiations, charles. charles: it

this is a positive move for american workers, jamie dimon is a smart guy. >> martha: he certainly iss it as a shot in the arm to get people moving around. we hope that it has that impact, thank you very much andy. still ahead here, we've got general jack keane who will reflect on his memories, which are profound, of being at the pentagon on september 11th. the heroism he witnessed that day is a story that changed his life and had an impact on all of our lives. also coming up, my next guest was just nine years old when his father died in the world trade center. his struggle and his journey since then is next. ♪ new advil dual action with acetaminophen fights pain in two ways. advil targets pain at the source... ...while acetaminophen blocks pain signals. the future of pain relief is here. new advil dual action. i've been involved in. communications in the media for 45 years. i've been taking prevagen on a regular basis for at least eight years. for me, the greatest benefit over the years has been that prevagen seems to help me recall things and also think more clearly. and i enthusias

jamie dimon can work for john powell, j.p. morgan, john deere out in the midwest of the country, but what about small business, the fabric of the nation? lisa: this has been a huge issue, because small banks do a lot of lending to the businesses, i just want to point out, though, that the two americas, the -- two the haves and the have-nots, there is some conversion starting with the second wave of layoffs, and this is important, especially as big banks announce their biggest week of layoffs that is to come, since the financial crisis more than a decade ago. tom, i think this is important. you cannot have a dual economy like this without some collateral damage that. . really affects the entire economy. tom: we will see, and we welcome all of you on bloomberg television, radio, simulcast. thank you for your love notes for jon ferro and lisa abramowicz, and the hate mail i have been getting, jon, has been just arduous. to be honest, and this is the only reason we booked oppenheimer, it has been painful, john, they love and affec

there, all in the middle of a global pandemic, joining me now is healthcare reporter for politico, dan dimon about these personnel changes at hhs. >> it's important to set the framework that the administration has burned through personnel in the health department over the past three years, even before the pandemic and this recent shakeup, we're on the second health secretaries, different teams around the leadership has come and gone, so the white house liaison that's the office in charge of political personnel, the coordination essentially between the white house and the health department, no which political appointees will be installed in various roles. emily newman went over to hhs at the beginning of the year, an administration veteran, someone who's worked with stephen miller in the white house she and her team imposed more of a white house-led initiative on hhs and secretary alex azar. emily newman earlier this year went to voice of america, she's been in seat there for three months, her deputy liaison was running all personnel at hhs and as you pointed out she's someone as rekrenly thi

. >> now, today, there were some people saying jim, you're too excited about it jamie dimon saying the traders have to be back in senptember. but that has nothing to do with what you guys do >> the way we look at it is the long-term value in big banks, small banks. internationally, we have offices in japan, australia, we have london, we've got toronto. so the way i look at this is much more about the long-term value we can add and the public currency is giving us the right brand, recognition in europe. so i'm getting into those more conservative markets so i'm just looking at transforming banks as fast as we can. >> i'm not that used to seeing the banks adopt this the last one we did was ellie mae, which just changed hands last week, it went to intercontinental are you looking at other verticals in banks what can you use your currency to buy >> so look, we finished a platform that can redo any loan type, down to the most simplistic retail terms and then open any account type. if you look at that, that's where the massive amounts of people and compliance of regulation are in banking. on

cnn jeremy dimon with details. >> reporter: well, the white house is still reeling from this report in the atlantic magazine that president trump referred to american soldiers who lost their lives in a critical battle in world war i as losers and suckers as he was deciding to not attend a ceremony at a cemetery where some of those warheads were buried. now a senior official is confirming jim acosta that the president did, indeed, refer to those american war dead in crude and derogatory terms. of course, president trump and the white house vehemently denied the story, insisting the president has the outmost respect for service members. the president saying what kind of animal would refer to dead american service members in such a fashion. nonetheless, now a senior administration official confirming the president did, indeed, make those comments. in addition, another source familiar with some of the president's remarks told cnn the president repeatedly questioned why vietnam war veterans would have served in that war, suggesting those service members did not know how to get out of the dr

i know we all worship at the alter of jamie dimon, he's captivating, like dave portnoy, not really, butian moynihan he is talking about everything from social justice, the need to be able to help people who are out of work and esg. he doesn't get enough credit so i'm singing his praises. >> it is interesting to watch the transformation of certain executives he has been in that seat for quite some time and he is more confident i think in his views. >> he's grown into it. >> and his willingness to articulate them. right. which you see. at first as you pointed out he was afraid to say anything he wouldn't even get you his name. >> -- she's not a fan of the banks. >> no, she's not. >> charlie scharf on the firing line. >> yes, he was you mentioned wells fargo earlier. let's take a look at the banks because we did get the jefferies numbers that were very strong for that company, perhaps pointing to a strong quarter in terms of trading and currency and commodities, things of that nature, fixed income for the likes of a goldman or morgan stanley. >> goldman there was an upgrade this morning, g

melissa: jamie dimon change and i've no doubt about that, historic breakthrough, president trump announcing a peace deal between israel and by rain today, let's go to blake burman live at the white house with the details on the story. >> perhaps we are seeing a domino effect occurred in the middle east as president trump announced another peace deal in that region today, this time between israel and bahrain, they will have full diplomatic relations, trade relations, et cetera, the announcement comes after last month's peace deal between israel and the united arab, president trump calling this a historic day and feels that this could potentially be the beginning of a big shift in the middle east. >> i see things positively happening with iran, that can all work out very well and i think so many great things are going to happen and then we can also discuss the palestinians, i think the palestinians will end up doing something that is very smart for them and all their friends are coming into this and they want to come into this. >> israel bahrain israel in the uae last month, the leaders of is

>> a couple of things here, one , good for jamie dimon i'd rather have him mayor of new york right noweblasio. he's putting priority of getting the greatest city in the world back into business, but for me, maria, the success long term is really in places like scarborough maine and that's where abbot labs is and abbot labs is at the cutting-edge of building out our testing capabilities and they pioneered this id now thing which is a ready test and they're pioneer ing going in and a point-of-care pregnancy-type test and what you have is not just the ability to help our people defend themselves from the chinese communist party virus but also it's a boom outside the portland area, a jobs boom and if you look around maine, you've got lobster fisher men coming back because we're doing things with european tariffs, you've got guilford maine with testing, my point, maria is that what we need to do is turn some of these really worst lemons ever into the lemonade of production, producing what we need to defend this country, and that's going to be really, the cornerstone of economic prosperity i

and so far they say they are not doing it joining us now is thomas ahart he is the superintendent of dimon public schools it's a real pleasure to have you with us tonight. thanks for your service in the schools and thanks for being here. >> it's nice to be here with you. >> so i've tried to put this in a little bit of a national context, but i'm sure that distorts it a little bit from the statewide perspective. can you just in your own words explain a little bit of the decision-making that you and your colleagues have made about what you decided to do here and the cover flikt this se the conflict this sets up with your governor? >> yeah. we had to put a return-to-lear plan together early this summer, announced it to our community on july 1st at that time we were closely monitoring the covid-19 station in polk county where most of des moines public schools resides and we were trying to take our best guess as to what the conditions would be when we started school conditions over the summer continued to worsen, and in fact at the time of school starting, we were one of the two or three top ho

you've got a jamie dimon, for example, of jpmorgan who has said we didn't need the corporate tax treatwn to 21%. we needed it cleaner and lower but it didn't need to go here. gary cohn, one of the leaders of the tax cut said it didn't need to get that low. many of saying it's okay if corporate taxes go up somewhat yet the president would have all americans think everybody's taxes are going up >> right and, you know, he's been driving that message through paid advertising, and it's been debunked by every independent fact-checker the simple and incontrovertible fact is that joe biden will not raise your taxes one penny if you make less than $400,000 a year if you are a millionaire or corporation, he is going to ask you to pay your fair share and in terms of the polling data that you laid out, stephanie, it's important to recognize that at the start of this race, donald trump had an enormous advantage on the economy joe biden has closed that gap dramatically and in some polls, erased that entirely we believe as weframe this final choice up of who is going to fight for the middle class, fo