you could ask the ceo of the biggest bank in america, jamie dimon, francine lacqua will do that in 10inutes time. you can look for the data at 8:30 a.m. eastern time in the jobless claims come of the estimate is 220 or look to a large retailer like walmart in the premarket posited by more than 5% after a beat on the top and bottom line. lisa: there is a cohesive thread coming together and it's not clean and neat and dramatic. it is a slow softening. it's clear with walmarts extreme beat on the heels of higher income customers looking to get discounts in an inflationary environment. annmarie: bloomberg intelligence are writing that this appeal that walmart has even for the higher end wealthy and the consumer coming in, wanting to discount because inflation is biting. how long will that last for that company specifically. it tells us in the hard data from walmart that the consumer sentiment is starting to resonate. people are concerned about inflation. jonathan: a welcome calling for an unwelcome deterioration and what is the distinction between the two? lisa: a welcome cooling is somet

sonali: that was jp morgan ceo jamie dimon speaking with our own francine lacqua. coming up next, we are going to speak to citigroup's harold butler to discuss his outlook for the banking sector especially when it comes to underrepresented communities. we'll talk about that in this higher interest rate of are meant. this is bloomberg. ♪ ♪♪ sandals jamaica sale is now on! with rates from $199 per person per night. visit sandals.com or call 1-800-sandals (traffic noises) (♪♪) the road to opportunity. is often the road overlooked. (♪♪) at enterprise mobility, we guide companies to unique solutions, from our team of mobility experts. because we believe the more ways we all have to move forward. the further we'll all go. sonali: this is bloomberg markets. we are looking at copper prices because they have been rising for months and we are seeing the spike that is rocking metals markets worldwide. we are going to discuss what is going on with bloomberg markets commodities strategist. what does it look like under the hood? >> it looks like it is cash. we have seen some sig

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matthew d miskin , jamie dimon sitting down with francine lacqua. live, from new york city.is bloomberg. ♪ (♪♪) (♪♪) what took you so long? i'm sorry, there was a long line at the thai place. you get the sauce i like? of course! you're the man! i wish. the future isn't scary. not investing in it is. nasdaq-100 innovators. one etf. before investing, carefully read and consider fund investment objectives, risks, charges, expenses and more in prospectus at invesco.com ♪ >> i don't think we are heading into a higher for longer environment but i think we are

katie: that was jp morgan ceo jamie dimon with francine lacqua. coming up we have seema shah.berg markets. i am katie greifeld in this is bloomberg. ♪ from the heart of where technology and finance combined this is bloomberg technology with caroline hyde and ed ludlow.

annabelle: that was jamie dimon speaking to bloomberg's francine lacqua. check of markets. 10 minutes out from the open. broadly we are set up for a bit of downside pressure. it tracks that the u.s. session overnight, we had a few jitters coming through from the inflation outlook. it official saying rates should stay higher for longer. nikkei futures, the singapore contract, pointing to a drop of .7%. an interesting dynamic in japan -- with all of the investor interest and exuberance in japanese equities this year, we had seen other markets attract japanese assets including in china, overheating trading above the asset valuations. now we see the flip sides coming through in japanese equity. the rally in chinese stocks is giving fresh impetus to a host of ones and japan, those with exposure to china, arising along with their counterparts in a rebound along with the msci china index. our analyst joining us from tokyo. the rally from chinese stocks seems to be spreading to other parts of asia now. >> it seems that we are seeing some signs of some reversal of

earlier, francine lacqua sat down with bailey about the next steps. >> our forecasts are conditional on a number of things. we use of the market curve to set them up. it is important if we find the forecast with the market curve produces best judgment which has inflation below target or above target but not at target, we say so. we say this is where we got to. best collective judgment is that . it follows i think and this is a comment i made earlier. what we are saying is if the world evolves as the forecast suggests, probably the case would be there for a less restrictive policy. >> everything is conditional. is june a live meeting? >> all meetings are live. >> is june likely? >> that is a different question. >> the key point i would make is we have changed our view on the likely persistence of inflation. second round effects. it is good news. we think there is evidence to suggest it will be less pronounced than we thought it would be. that is a judgment. i am looking at these three key indicators. services, inflation, pay and the labor market to judge the persistence question. >> t

haidi: d.o.t governor andrew berry elite bloomberg francine lacqua there. watch live and catch up on past interviews on tv . you can also dive into any of the securities and bloomberg functions that we talk about. and join in on the conversation, too, by sending us instant messages during our shows. this is for bloomberg subscribers only. check it out at tv . this is bloomberg. ♪ haidi: the ceo is downplaying concerns over a slowdown in spending for ai. that arm ceo told us what he is confident of the chip designer's long-term growth. >> we are actually forecasting higher growth this year, north of 20%. we also signaled to the market yesterday that 2020 five, 2026, 2027, we see growth continuing. we have incredible visibility to our business and we are very confident of the growth rate going forward. >> the cell phone has been your bread and butter. who are we looking from a cell phone perspective. is the market looking strong to you? we have many mixed messages coming from china demand, for example. >> the cell phone market particularly for arm has

haidi: dot governor andrew bailey there with bloomberg's francine lacqua.s the picture when it comes to stoxx 50 futures. looking at we will see that optimism carry through from the asian session. so much of this is really doing a repricing of the same narrative for us, indicating the return of that goldilocks situation there. we have seen european stocks in the last few session setting that high record from us on thursday we saw u.k. benchmark stoxx gaining as we saw the boe's latest policy decision driving wages and rate cuts there, as well. we will continue to probably see some of those gains as we get into the start of trading. german dax futures also looking perky, and 0.25% higher. the index seeing a potentially sixth straight day of gains. more to come on "daybreak: asia." this is bloomberg. ♪ annabelle: you're watching "daybreak: asia." taking a look at how stocks are performing 30 minutes into the session right now for japan, korea and australia. a bit of upside is, through. its a little unsurprising given the wall street session. we had softer tha

haidi: jp morgan ceo jamie dimon there speaking to bloomberg's francine lacqua take a look at how we setting up to the start of trading in european futures at the moment. quite a bit of downside. we are following the muted session we are seeing friday with asian stocks dropping there as well. ending the longest her uncle's unhappy. i'm sensing an underlying issue. it's t-mobile. it started when we tried to get him under a new plan. but they they unexpectedly unraveled their “price lock” guarantee. which has made him, a bit... unruly. you called yourself the “un-carrier”. you sing about “price lock” on those commercials. “the price lock, the price lock...” so, if you could change the price, change the name! it's not a lock, i know a lock. so how can we undo the damage? we could all unsubscribe and switch to xfinity. their connection is unreal. and we could all un-experience this whole session. food isn't okayjust fuel to live.for. it's fuel to grow. my family relied on public assistance to help provide meals for us. these meals fueled my involvement in theater and the arts as a child,

jonathan: jamie dimon sounded like you speaking to francine lacqua.ionary forces in front of us, he said. he gave a list of reasons that you have given us before. the green economy, remilitarization, infrastructure spending, trade disputes, large fiscal deficits, what is the federal reserve fighting? mohamed: jamie and i have been on the same wavelength for a while. thank you for saying that. this is a reactive fed, a data-dependent and. when jamie and others list the things going forward that are inflationary in nature, that is not something that the fed talks about. they talk about the latest set of data. we will continue to have a reactive fed because they lost self-confidence in 2021 when they tried to be strategic and got the call horribly wrong. what is the safest thing to do? become data-dependent. jonathan: no strategic outcome which is what you've talked about repeatedly and high percentage from data point data point. what does that mean for financial markets? lots of volatility trending higher? mohamed: yes, as long as the whiff of stagflati

francine: in this episode of "leaders with lacqua," i speak to bruce flatt about the secrets of his success, the outlook for commercial real estate, and his own future. bruce flatt, thank you so much for coming on "leaders." bruce: how are you? francine: i'm great, because i'm speaking to you. brookfield has gone from, like, strength to strength. if i was a martian meeting you for the first time, how would you describe your company? bruce: we invest in, buy, and own the backbone of global economy. when the water gets delivered to your house, the roads you drive on, the pipeline that brings different things to your community, the telecom towers that transmit your phone, the data center, the real estate that you live in. it's what we own and build. so it's really what drives the economy, and you don't often see our name. francine: is that a good thing or a bad thing? bruce: you know, it's just because we are behind the scenes. but it is big with $1 trillion of assets almost. we are behind a lot of the things of the global economy. francine: so being low-key, do you think it gives you strength

francine: on this episode of "leaders with lacqua," i speak to leena nair about her professional and personal journey, how it defines her leadership style, and her unique approach at the top of luxury. leena nair, thank you so much for joining us here on bloomberg. leena: delighted to be here. francine: what's it like being a chanel chief executive? leena: it is the best job in the world. it's creative, it's energetic, it's vibrant, the sector is doing well. it's a great place to be. francine: so what kind of difference do you want to make at chanel? is it on the business, is it longevity, is it what it stands for, is it sustainability? leena: you know, i want to lead chanel into the future along with my team. and lead chanel into the future by protecting what's core to us, by protecting our differentiation, protecting what's unique about us. and by evolving as a scaled, iconic business and brand. it is always important to understand the context we operate in. the context we have externally is very, very dynamic. geopolitical uncertainties, macroeconomic challenges, inflation, comple

francine: in this episode of "leaders with lacqua," i speak to robyn grew about diversity, purpose, and what the future holds in an ever-changing world. robyn grew, thank you so much for joining us on "leaders." the world is a bit strange. there are so many poly-crises, or whatever you want to call it. it is just difficult to get a handle of what comes next. robyn: yes, yes, that would be the shortest answer i could ever give, yes. it is difficult. i think that if this year has taught us anything, it is that prediction is not our strongest suit, perhaps, and that is not just in relation to markets, but in relation to these big geopolitical events that we are still living with. francine: but it is quite incredible to think that we are in a better place. i feel like every six months there is like the doom and gloom crew saying, this is it, interest rates have gone too much, and we need to reevaluate what happens next, and yet the economy holds. robyn: i think that's right. i think when we talk about it and we have this conversation about higher for longer, which i still say out loud and t

francine: in this episode of "leaders with lacqua," i speak to emma grede about her rise to the top, how she measures success, and why diversity remains elusive in the world of fashion. emma grede, thank you so much for joining us on bloomberg. emma: thank you so much for having me. francine: this is so exciting. you represent so much for so many people. everything you touch, all the businesses you touch turn into gold. did you ever think that you would be such a success? emma: no. and that is mostly because most of the businesses that i touched early in the days didn't turn to gold. [laughs] i love this idea of overnight success and i feel i would love to continue to perpetuate that myth, but i have just done a lot, and it has been a lot of trial and error along the way. i feel i have probably done every job imaginable, from having a paper route when i was 12 to working in a deli to working in shops to starting things that were less successful, to starting things that had medium success, i feel like that has been a long journey and i am really thankful that now i am 41 years old and