frances donald. tom: she has the same line as tim stenovec yesterday. jonathan: you really are reminiscing. tom: john, i thought you killed it. you are way prepared. jonathan: i feel like this is disingenuous. you had a great night last night with matt miller. tom: we did. that is in from berlin. jonathan: i understand we have reestablished that connection with frances donald. francis, have we got you? frances: we have reestablished connection. jonathan: part one -- gdp call for next year, what is that? frances: i do not even forecast 2022 gdp at this point, because a range of outcomes is incredibly large. what we need to be forecasting is the 10 year yield, the shape of the curve, and what the infrastructure packages going to look like. this is a key when you are a buy-side financial economist -- how will the deviations change? we've already seen the peak. we will see disappointment. the biggest challenge is what will happen to chinese policy next? that we hit peak macro is not a surprise. anyone who can do year-over-year new this was going to happen.

. >> genus is frances donald, krishna memani and michael collins. start with the payrolls report. what are your initial reactions? frances: i learned nothing. we are in a vacuum of information and there is still supply chain disruptions. no new information contained in here. and a mess of data that is distorted by covid and a traditional recession. so, you could call it mixed, but it is ultimately telling us that we need to wait for more data. that is a bad place to be. >> and for somebody trying to plug the biggest data into the market. is that your take, too, michael? michael: more of the same. this is what we expected, continued job growth, modest wage growth, supply-side constraints, and it is not only hitting the real goods side but also hitting the labor side, for sure. some people call this a growth tax, we have grown so fast and demand has come back so fast that there is a limit on how much of the economy can produce this stuff. it is interesting that you are seeing rates firmer today, especially in the front end and intermediate part of the curve rally in the most, pushing

on friday for france's donald. cycle highs, 134.: a victory lap for those looking with lower yields. manual life has done it. i think the power game of guessing yields is always hazardous. it may be a little less hazardous than guessing and oil price. imagine the inertial force that it took to make amazon go up 4.6%. imagine the force of the price up that we saw in credit. just the wall of money betting on stagflation is substantial. jonathan: you are relating to the pulsation squeeze and the low end, 1%. we were looking for 2% on tens and have to cover that short yesterday. i have been catching -- i will catch up with them a little later on this morning. that will take place at nine eastern. a lot of people were whipsawed. many people thought we had a can -- a position clear that would enable yields to reset. this second move is a lot more painful. tom: let us go to lisa and see what is happening in ig, what is lisa saying? romaine: we will have to get in touch with your. people are buying it. we are getting 3% right now. that show

frances donald of manulife made the call that she think we have seen a cycle peak in the 10 year yieldlready. whatever your view on all of this, you start to see the tide moving, and people start to build on it. that is what's been happening over the last several weeks. tom: the opening of an economy, we just saw that with abby joseph cohen and her six-year-old granddaughter interrupting the show worldwide, and says this was a kindergarten experience this year for her granddaughter that was done entirely by zoom. it is an opening economy. wei li joins us from blackrock, their chief global investment strategist. you have a fascinating view, and it is so much avoid the u.s., like knupp on the u.s., and look at other places. -- lighten up on the u.s., and look at other places. why? wei: i would caveat by saying it is not so much caution on the u.s. as much as it is a view that the next leg of this cyclical restart trade can be better played in other regions, the likes of europe, the likes of japan, where we start growing out. you talked about peak growth. we have seen peak growth accelera

i think frances donald of manulife nailed it little earlier. it is a not about cumulative gains.his market is focused on deceleration from this year to next and the year after that, and right now that seems to be, if you want to pick out event a mental, that seems to be part of the fundamental story. tom: bob males in, has taylor really read all of -- bob emails in, has taylor really read all of the posey? let's do a data check right now. i'm going to start with $1.93 on dxy. some strengths there. jonathan: south of $1.18 going into the ecb my euro-dollar down a little more than 0.1%. futures advancing almost 0.1%. we are still down there, aren't we? 1.2334% is not were many expect us to be. tom: strongly agree, with the 30 year bond under that 2% level as well. my eyes are killing me. it is important to speak with daniel morris of bnp paribas. they have done a wonderful job of dovetailing a cautious gdp call with a measured outlook on the markets. he delivers that this morning with some real caution. identify the why of your caution in terms of investment right now. daniel: to b

frances. good morning former president donald trump back in front of the crowd at cpac and continuing to stoke that lie about the 2020 election being rigged against him but he's also topping the cpac straw poll it's a self-selecting group of conservatives. but take a look at what the poll says if trump were to run again in 2024. he comes in at 70% of these few thousand voters that were polled here, trailed by florida governor ron desantis. but in the poll where trump doesn't choose to run again in 2024 desantis comes in with over 65% of the attendees here saying that he could be their preference it's interesting, even at this early point in the shadow republican primary before 2024, there is a lot of jockeying going on behind the scenes several of these potential lawmakers looking at a run, coming to conferences like these, trying to bolster their conservative credentials not going too far in saying they hope to run but having to toe that line between backing the former president and also pushing their own aspirations. >> ali, thank you. >>> now to a billionaire's victory in the crowded space

france. ok if i go to donald, how do you, how do you feel? how do you feel about that? i mean, if, if the, if there a chance were given to the italians or to the french, that they would go that direction to go the direction of briggs. it because there's, there's that there's the, there's a school of thought out there which because of brags, which i think is really quite interesting. and it's coming from europe. is that ban referenda. but since you don't want to hear a democratic vote, i mean the people are interpreting that referendum and very different ways. one is, is too much democracy, which i find rather peculiar coming from europe. but other people say it's dangerous because people don't understand what they're voting for. donald, how do you reply to that? well, if the italian and french i think it's unlikely that we'd have a referendum on something like breakfast because that might to lose it. in the sense that italy and france might actually leave the big mistake david cameron made is that you're not calculated what the results might be, he thought, or rather he

france. the tax returns of former president donald trump will be handed to congress, after a ruling by the usn, a warning from the eu special envoy in a bbc interview, that there's little hope of an early end to the violence.

france. the tax returns of former president donald trump will be handed to congress after a ruling by the usjusticethe strain of crystal meth addiction. # suddenly i see # this is what i wanna be...#

france. the tax returns of former president donald trump will be handed to congress after a ruling by the usce department. as the taliban advance across afghanistan, a warning from the eu special envoy in a bbc interview that there's little hope of an early end to the violence. the best scenario, which is still much worse than the best one, the best realistic scenario is one where the taliban offensive is held back. # suddenly i see #. singer kt tunstall postpones her tour over concerns she could become completely deaf. hello and welcome. we start with the olympics. we've reached the middle weekend of the games. there are 21 gold medal events up for grabs on �*super saturday'. here's the medal table as it stands at the moment. china is on top with 20 gold medals, followed by host nation japan with 17. let's find out more about today's action from mike bushell at bbc sports centre1. mike, it's really been a golden saturday in the pool for team gb. yes, and officially we cannot say it is the best olympics for team gb swimmers for over century. they won the inaugural next four by 100 metres med

france. the tax returns of former president donald trump will be handed to congress after a ruling by the usence.

france. the tax returns of former president donald trump will be handed to congress after a ruling by the usjustice department. the lure of cheap drugs in zimbabwe, where hospitals are buckling under the strain of crystal meth addiction. # suddenly i see # this is what i wanna be...# and singer kt tunstall postpones her tour over concerns she could become completely deaf. hello and welcome to bbc news. turning to the olympics now, and we've reached the middle weekend of the games. here's the medal table as it stands at the moment: china is on top with 19 gold medals followed by host nation japan with 17. with me is reporter tanya dendrinos. tanya, it is "super saturday" and we've had world records in the pool? it has been such an exciting super saturday already and there's plenty more action it has been such an exciting super saturday already and there's plenty more action to it has been such an exciting super saturday already and there's plenty more action to come. it has been such an exciting super saturday already and there's plenty more action to come. team it has been such an exciting super sa

entrenched nationalism all over the world, whether it's marine france or victor, oregon in under your advisor than another land, or donald trump. i here in the united states, you know, we've, we've seen this describe the growing up nationalism which in many cases, perpetuated and sort of exacerbated by a, by white supremacists, narratives about you know, brown and black people coming to take over, you know, the majority ideas and so that's what i always like. i like that, you know, even though i write about it on the, when it comes to sort of the other, i think human beings are going to turn it going. actually a biblical term. it's been around since time immemorial from the book of leviticus to show that we are the human race of always to blame other people for all of the ideals. and even though it might be today, it's going to be somebody tomorrow with somebody else yesterday. and that's why it's important for us to dallas, against them wherever you forgot russia as well, which also has a lot similar to the one used to be in britain that promotion of gay rights. but i mean them, arguably, as for liberal identity, politi

frances fired about to last year. the groups due to stand trial later this month, over the $415000000.00 purchase of a building in london. former european union leader donald task has been reappointed, head of poland, strongest opposition, party civic platform, governed for 8 years until 2015, mostly with tusk. as prime minister. he says he's returning to polish politics to help fight what he called the evil of the come government use accused the rightly law and justice party of going against the blocked principles and undermining democracy. prosecutors in brazil have opened a corruption investigation against president desirable sonata. he's accused of failing to act against a scheme involving the national corona virus vaccination campaign. prosecutor say a deal to buy indian vaccines was a front for embezzling millions of dollars both and it was supposedly warned about it. but did nothing, monica, you're not yet reports real diginero. the latest one was like, mega impeachment requests signed by not only opposition parties, civil associations, but also by former supporters. and it was handed into congress. so there are investigations going on. we can expec

france despite being inoculated with astrazeneca, as his job was produced in india, not the european union. ah, it's 4 pm here in the russian capital and you're watching our internet. i'm your host donald quarter. welcome to the program. unprecedented flooding has killed more than a 100 people in germany and belgium after 2 months worth of rain fell just in a few hours. berlin has allowed military units to help in the rescue. effort, as streets have turned into rivers with houses, cars and even bridges completely swept away. ah. in 15 minutes are flat, their office, our neighbors houses. everything was on the water. it was very quick news. it's amazing. i've been a fireman for 50 years, but i've never seen anything like it. the cars were flying ah, it looks as if a bomb has hit like world war. a state of emergency has been declared across western germany with people advise to stay home and avoid high water areas. rescue workers found several victims who had drowned in their own basements. helicopters are still trying to evacuate survivors from rooftop and our europe corresponded peter oliver reports from the scene there necessarily here in, hug in the reins over night that were forecas