edwards, thank you so much for your wisdom. coming up on friday, francine is in washington before she goes to the elections in paris. joining us in washington was the former president council at jpmorgan. frenkel, allisonwill join us. join don't oppose and will us. i believe we will drag on a few of his fellow members with us. that is a great lineup on friday as we go through an exceptionally busy weekend. this is bloomberg. ♪ tom: on the market right now, this is alan ruskin writing on bloomberg. still favors cable upside tomorrow. and more important in the coming days, the early election call has played to a large squeeze. my colleagues have given me some flak for being conservative to a stronger 1.28, when the aero suggested more like 1.35. with us are too noted members. kit juckes and bhanu baweja. alanme understand what ruskin means by the squeeze? kit: for a long time, there have really been two speculative positions in the financial markets. one was the short end of the u.s. treasuries which has been annihilated and the one that has an -- the one that has lasted until the week ago was the sterling which persisted. see now, with sterling against the dollar and stuck in a narrow range for the whol