get golo. go to golo.com and get your life back, with golo. (chorus) golo!y around the taper, we think it will be a tantrumless taper. >> the federal reserve will have to start tapering. >> the headwind today is definitely supply chain and getting goods into the u.s.. >> there is no place else to go. you have to be in equities. >> this is "bloomberg surveillance, with tom keene, jonathan ferro, and lisa abramowicz. tom: jonathan ferro, lisa abramowicz, and tom

get golo. go to golo.com and get your life back, with golo. (chorus) golo!ly: welcome back to "bloomberg technology." a phenomenal pay day for elon musk, he's the highest paid u.s. executive for the third straight year, according to the 2021 bloomberg paid index. the scale of his pay premium has skyrocketed. last year it was four times higher than number two, tim cook . this year it is 11 times higher. how does the math add up? >> first of all, it keeps going up and the pay package is now worth a lot more. it is a trend that just keeps on going for musk. awards get bigger and pay just keeps going up. emily: are we accounting for tesla and spacex in these numbers? >> this is just tesla. emily: how much of it is actual salary and how much is just because tesla stock has gone up? anders: he gets paid only in stock options that grow in share if the price goes up. so this package has become worth quite a bit of money. it is largely the case for most of the executives we see on the bloomberg pay index, really hefty and chunky equity awards that just skyrocketed la

get golo. go to golo.com and get your life back, with golo. (chorus) golo!k to be invested in videogame stocks, chinese media into media take 10 cents in gaming stocks are lagging during the reopening. but there are stocks investors should consider, barron's deputy editor tank enthusiast fellow practitioner of the podcasting, let's start with china what does it mean for investors? >> like you said this is a really tough week for video games, with chinese state media calling opium for the minds 10-cent was down 10% at one point on that news and investors are worried that this faux shadows eating another crackdown from chinese authorities, keep in mind 10 cents is not a small company this company is worth more than $500 billion. this is really worth paying attention to. and were broadly speaking and worth noting games have dealt with these issues themselves there's been criticism in the past about the videogame makers encouraging gambling among its users and addiction so i think this does hit home for a lot of videogame world not just in china. jack: china has

get golo. go to golo.com and get your life back, with golo. (chorus) golo! by christmas?ts hopefully even sooner than that, but of course, i don't really know. it is really hard to predict how they are thinking about it. >> good morning from bloomberg european headquarters where this is "bloomberg daybreak: europe." tilting toward tapering. most analysts see the federal bank slowing easing. commodities crunch. beijing pushes to cut steel output and reign in house prices. in the tech crackdown weighs on equities. and the imf blocks the taliban from using assets just days before kabul is set to get $5 million. in the fomc minutes, there was consensus it is time to start tapering. we have seen the dollar pushed to its highest since 2020. our guest in the last half-hour saying the market cares more about the timing of rate hikes and not necessarily tapering, which is consensus at this point. manus: yeah, what kind of tape or timeline do we get? i asked our guest about getting the taper done, and yet, bullard talks about rate hikes by the end of 2022. our guest, not me, says n

get golo. go to golo.com and get your life back, with golo. (chorus) golo!live from new york city for our audience worldwide on tv and radio, this is "bloomberg surveillance." here is the price action. equity futures lower with -.4% on the s&p. you're down on the nasdaq, down by .3%. on the russell, negative. all-time highs on the s&p 500, quite a rally. three days of declines on a 10 year yield. let's pick up there. that's get to the bond market, twos, tens, 30's. 10 year yield, down to basis points. two stocks for this one, retail sales out in two hours time, your second, chairman powell later, 1:30 eastern time. inflation is transitory. you can look through all of this. some investors are worried about margins. the bank of america fund manager survey out this morning with profit margins expecting to decline. the first time since july 20. where has the money been going, tom? we have had a move of 16.5% off of the march low on staples. tom, that is where the caches going at the moment. many investors are overweight that sector, why? pricing power. it is abo

get golo. go to golo.com and get your life back, with golo. (chorus) golo!sleep number? because every new day starts the night before. and a quality night's sleep is scientifically proven to help boost performance. the new sleep number 360 smart bed is temperature balancing. and it helps keep you asleep by sensing your movement and automatically adjusts to keep you both effortlessly comfortable. the sleep number 360 smart bed is on sale now during our biggest sale of the year. >> let me be clear, any american wants to come home, we will get you home. make no mistake, this evacuation mission is dangerous. it involves risks to armed forces and is being conducted under difficult circumstances. i cannot promise that the final outcome will be and it'll be without risk of loss, but is commander-in-chief i can assure you that i will mobilize every resource necessary. and as an american i offer my gratitude to great men and women of the u.s. armed forces for carrying out this mission. maria: that was president biden responding to criticism over his handling of afgha

get golo. go to golo.com and get your life back, with golo. (chorus) golo!nds are everything to me. but i was diagnosed with dupuytren's contracture. and it got to the point where things i took for granted got tougher to do. thought surgery was my only option. turns out i was wrong. so when a hand specialist told me about nonsurgical treatments, it was a total game changer. like you, my hands have a lot more to do. learn more at factsonhand.com today. maria: welcome back the clock is ticking on afghanistan president biden doubly done on the deadline to remove u.s. troops entirely from afghanistan by this tuesday. >> the military from the chairman of joint chiefs, the commanders in the field have all contacted me one way or another usually by letter saying they subscribe to the mission as designed. to get as many people out as we can within the timeframe. >> house republicans are calling on nancy pelosi to bring back congress from recess to vote on a bill that would prevent tuesday's withdraw, join me texas congressman kevin brady, it's great to see you thank

get golo. go to golo.com and get your life back, with golo. (chorus) golo!f where innovation, money, and power collide, in silicon valley and beyond, this is "bloomberg technology" with emily chang. emily: the company warns lower trading activity clde

get golo. go to golo.com and get your life back, with golo. (chorus) golo!n is on in europe. this is "bloomberg markets: european close," with guy johnson and alix steel. ♪ guy: thursday the fifth. 30 minutes to the close. what do you need to know out of europe this hour? the bank of england raising its inflation forecast, looking ahead to the process of unwinding its balance sheet. we will hear from governor bailey in just a moment. european stocks rise to a fourth straight record as a strong earnings continue to roll in. we will deal with the details as we work our way through the program. credit agricole delivering best profit in four years. france's second-biggest bank sees profit rise. let's take a quick look at the markets as we head towards the close here in europe. the stoxx 600 up by 0.3%, nearly 0.4%. we will come back to the markets

get golo. go to golo.com and get your life back, with golo. (chorus) golo!ber 360 smart bed is on sale now. it's the most comfortable, body-sensing, automatically-responding, energy-building, dually-adjustable, dad-powering, wellness-boosting, foot-warming, temperature-balancing, recovery-assisting, effortlessly life-changing proven quality night sleep we've ever made. save up to $1,000 on select sleep number 360 smart beds and adjustable bases. plus, 0% interest for 24 months & free premium delivery. ends monday. jackie: welcome back were more than six weeks away from a crucial california vote to recall governor gavin newsom. according to a new pool radio host larry elder to replace newsom if these recall, he joined me now this race is getting off to an interesting start, a lot of the national attention even massachusetts democrat senator elizabeth warren getting involved. >> what's the deal with the recall of gavin newsom we've seen top republicans across the country attacking election results and the right to vote now powering california abusing the recal

get golo. go to golo.com and get your life back, with golo. (chorus) golo! author vivek ramaswamy you mentioned briefly i wanted to give this more how this is not something like a noise conservative when we hear the woke companies talking about how we should be living our lives but it's a threat to the democratic system that this is not an companies are not empowered or should it be empowered in a democratic system to make political choices, talk to me more about that. >> this argument is a little bit different from milton freedman with politics affecting companies and less efficient in pursuing profit i'm actually worried about the reverse in the expansion of the role of corporation in society in a way that makes democracy in some ways in determining our societal values, i think democracy works according to one person one vote system and under the new model of stakeholder capitalism were converting the one person, one vote system into a 1 dollar vote system with the people who yield greater market power and yield greater power in the market of ideas in our

get golo. go to golo.com and get your life back, with golo. (chorus) golo! live in new york city for our audience worldwide, good morning. 30 minutes from the opening. let's get august started. "the content of the open -- the countdown to the open" starts now. >> everything you need to get set for the start of u.s. trading. this is "bloomberg: the open" with jonathan ferro. ♪ jonathan: we begin with the big issue, pushing ahead to payrolls friday. >> the jobs numbers. >> payrolls. >> all economists are waiting to see how the data comes in. >> the issue is not a lack of demand for workers. >> issues with labor supply. >> the functioning of the labor market. >> it will take longer for a full recovery. >> september is a time when labor supply might begin to be unlocked. >> kids are back in

get golo. go to golo.com and get your life back, with golo. (chorus) golo! emily: welcome back.emily chang in san francisco. let's get to the financial markets. ed ludlow take a look at the money pouring into chinese hardware startups. ed: chinese hardware -- 5.6 billion dollars flowing into china, hardware startups for the first six months of the year, already eclipsing the hole for 2020. we also see this kind of illustrated in the public markets as well. the i.t. stocks actually outperformed drastically the communications sector. as we know, the munication sector includes names like tencent, some of the targets have seen outflows go into it. if you come back into the studio, what is really interesting is that overall, the venture capital flowing into china is still significant. $56 billion in the first half of this year. we had $75 billion on the total of 2020. we have talked about investor concerns for companies in china but if you look at the private market, there seems to be a lot of opportunity. emily: meantime, as cloud computing continues to push boundaries, they are pus

get golo. go to golo.com and get your life back, with golo. (chorus) golo!rket really starts to doubt the potential for reflation, the potential for growth, that can fly out of control. >> there's always pullbacks and mini corrections. maybe we have a correction ahead. >> fed is as blind as the rest of us. >> my guess is we don't get tightening until after the next presidential election. >> this is "bloomberg surveillance" with tom keene, jonathan ferro, and lisa abramowicz. jonathan: coming into wednesday at all-time highs. from new york city, for our audience worldwide, good morning. this is "bloomberg surveillance ," live on tv and radio. alongside tom keene and lisa abramowicz, i'm jonathan ferro. the s&p negative three this morning, down not even 0.1%. it is onwards to vice chair clarida a little later this morning. tom:

-with golo. -golo!iggest sale of the year, on the new sleep number 360 smart bed. it helps keep you effortlessly comfortable by sensing your movements and automatically responding to both of you. and, it's temperature balancing to help you stay comfortable all night. it even tracks your circadian rhythm, so you know when you're at your best. in other words, it's the most energy-building, wellness-boosting, parent-powering, proven quality night's sleep we've ever made. save 50% on the new sleep number 360 limited edition smart bed. plus, 0% interest for 24 months & free premium delivery. ends monday. ♪ ♪. kennedy: marc siegel. if you want to be experimental you're going to have to go back to fetish nightclubs and interpretive dancing. it's no longer an experimental shot. ended the emergency youth authorization gave full approval but darted johnson & johnson shot still going under the fda process. if it's good enough for the fda is a good note for you? the professor of medicine dr. marc siegel welcome bac

get golo. go to golo.com and get your life back, with golo. (chorus) golo!welcome back to " bloomberg technology." it was a week of tech results. we want to get a wrap of all of them. where do we see some standouts? >> let's start with big tech. it did not do so well. take a look at this. it has rallied. no major breakouts. in the last couple of weeks, we see a tighter range. anything can happen with big tech. it is why it is worth focusing on the micro stories. they beat their earnings and yet shares are down percent. it has to do with uncertainty around the delta variant. i want to highlight fireeye, down a whopping 17%. this is not the era you want to miss your earnings. no good news there. i do want to highlight yelp. it is one of the tech stories in the green. shares up 5%. those analysts did question the durability of the growth. another hedge fund has a -- i want to and quickly with the robin hood story. you did see a complete change. up 19% today, those orders are going to have to be put on hold. emily: the roller coaster continues. thank you so much

get golo. go to golo.com and get your life back, with golo. (chorus) golo! anna: good morning.omberg markets european open peer code -- "bloomberg markets: the european open." stocks trade higher after last week's selloff. traders look ahead to jackson hole. afghanistan in turmoil.

get golo. go to golo.com and get your life back, with golo. (chorus) golo! ♪.: major drama overnight in china when the economic information daily newspaper published an article describing videogames as quote, spiritual opium. this is they say is harming that country's teenagers. the piece singled out the popular game, honor of kings as the main culprit. the report sent tencent and other game-makers lower. it is being seen as an effort to curb the influence of capitalism in the communist country however the genesis of these particular attacks go back to 1793 when george mccarthy arrived in china on a diplomatic mission from great britain seeking to establish trade. after initially rebuffing the overture, china relented and decided to trade silk, porcelain, jade, tea in return for silver, lots of silver. so much silver that it changed the course of world history. that led china to import a miracle drug called opium. in 1839 the british demanded for ports and demanded opium war. china's great empire which led the world in innovation an wealth was reduced to a poor

get golo. go to golo.com and get your life back, with golo. (chorus) golo!fed is really turned the maximum extent of employment. >> we really have to keep our eye on who is in the labor force, who is coming back. >> we are ultimately going to stabilize to a more modest growth rate. >> inflation is going to stay somewhat more elevated and stickier than people anticipate. >> wall street may still be drinking the fed's kool-aid that this inflation will be not an issue at all. >> this is "bloomberg surveillance" with tom keene, jonathan ferro, and lisa abramowicz. jonathan: here comes the deal down in d.c. from new york city, for our audience worldwide, good morning. this is "bloomberg surveillance ," live on tv and radio. alongside tom keene and lisa abramowicz, i'm jonathan ferro. your equity market is down a single point on the s&p. the focus on washington, a deal coming together. tom: a deal coming together on

get golo. go to golo.com and get your life back, with golo. (chorus) golo! >> it almost 11:00 a.m.ore and shanghai. welcome to bloomberg markets: asia. i am haslinda amin. >> let's look at our top stories. asian equities are raising gains despite a session on wall street , investors wavering on the economic recovery. >> the sec plays hardball. demanding all chinese companies listed in the u.s. become more transparent. >> plus, indian indices. as foreign investment surges, we will be speaking with our guest to get his take on what the future holds. >> asian markets swinging between gains and losses despite u.s. counterparts reaching yet another record. investors may not be buying into the story of being able to counter those publications. we had thailand saying the recoverable -- recovery will take log that inspected. we have this being break down -- broken down by financials. companies already listed in the u.s. -- it was being lifted by a third day. rising as much as 5%. we heard from kathy woods,

get golo. go to golo.com and get your life back, with golo. (chorus) golo!han: it is a nice, quiet morning. let's hope it stays that way. equity market up 2 on the s&p. 47 record highs so far year-to-date. we keep talking about that, all-time high after all-time high. in europe we have 10 of them in a row on the stoxx 600 potentially other close. let's get to the bond market. let's not let is slip. dean curnutt on this program about 25 and is ago said the following, "this moment inflation is transitory is like subprime is contained." from 15 years ago. it is so important to hear those words. here is the question. what if he is right? what if that is the parallel here? tom: that is the worry. it pushes against the bull market case, the economy better. there is a crew out there within acuity of dean curnutt, and others who push against it. jonathan: what does this make for the bond market? unchanged on 2 basis point. let me finish on this. the anchor of the global bond market, europe, germany, italy. tom: promotion for the real yield. jonathan: it italy, the s

get golo. go to golo.com and get your life back, with golo. (chorus) golo!ing dhs secretary getzlaf on the breaking news. the pentagon moment ago saying none of the hundreds of americans now left behind in afghanistan. latest to the kabul airport. they wanted to leave but they were not able to evacuate americans who wanted to leave. they are saying is heartbreaking. your reaction? >> i would say the withdrawal we've seen is disastrous for americans there and kabul as well as others who need to get out. what we know as the t taliban wl control more territory in money and more weaponry than they did on 9/11 and that's a concern for the moment as you look at terrorists direct to the homan, how they can strike in their ability to reach americans here in the u.s. so very concerned about what's going on over there today. liz: the president told abc news august 19 if americans other, we will stay but now he's not staying. he's going to talk tomorrow about why he did not delay thel. withdrawal, how does he get aroundnd this? >> i don't know that he doesn't i think t

-with golo. -golo! like you, my hands are everything to me.here things i took for granted got tougher to do. thought surgery was my only option. turns out i was wrong. so when a hand specialist told me about nonsurgical treatments, it was a total game changer. like you, my hands have a lot more to do. learn more at factsonhand.com today. it's time for the biggest sale of the year, on the new sleep number 360 smart bed. it helps keep you effortlessly comfortable by sensing your like you, my hands have a lot more to do. movements and automatically responding to both of you. and, it's temperature balancing to help you stay comfortable all night. it even tracks your circadian rhythm, so you know when you're at your best. in other words, it's the most energy-building, wellness-boosting, parent-powering, proven quality night's sleep we've ever made. save 50% on the new sleep number 360 limited edition smart bed. plus, 0% interest for 24 months & free premium delivery when you add a base. ends monday. a new interview, when he dies he won't be leaving

get golo. go to golo.com and get your life back, with golo. (chorus) golo!athan: live from new york city, for our audience worldwide, heard on radio, seen on tv, this is "bloomberg surveillance." here's the thursday morning price action. we are -0.8% on the s&p. down 0.6 on the nasdaq -- down 0.6% on the nasdaq. equities lower as we start to fear the fed taper. here's the nuance. get to what is happening in europe. the ftse 100 getting absolutely hammered right now, -2%. the cac 40 in paris, france, -2.5%. anglo, the miner, down. luxury retailers down. there's a massive china factor in this story. and then the additional story today in the mix overnight, a real conversation about wealth redistribution in china. property taxes, those kind of things. the rich giving back. what does that mean for the luxury players? lvmh in paris getting hammered. what does it mean for the growth fears? anglo getting hammered. it is more than just the federal reserve and a very simplistic headline. tom: looking at the monetary dynamics and how they fold into their net, we asked

get golo. go to golo.com and get your life back, with golo. (chorus) golo! are wrapping up a gray day in europe. i'm not talking about the weather, talking about the markets. the ibex, the cac 40, the dax, no movement. we are flatlining. digesting the data from friday out of the united states, may be looking forward to the cpi data. not a lot of catalysts in the corporate news, either. we have a commodity story we need to talk about. extra movement out of london. the major continental markets going nowhere in a hurry. we are near record highs in europe. that is what you have to bear in mind. let's show you the numbers. this encapsulates that. the stoxx 600, 470, in and around this area for the last few days. a quick climb towards the 400 70's, now we are holding in there as well. a similar story in the united states. beginning to see a fade into the rearview mirror. what comes next? what kind of fear will we get? in terms of what is the positive upside catalyst drive stocks higher, those are the questions markets are trying to figure out in relatively light

get golo. go to golo.com and get your life back, with golo. (chorus) golo!e following is a paid presentation brought to you by rare collectibles tv. ♪ the california gold rush is considered to be one of the most impactful events to affect america's young economy during its first 100 years. and it has certainly had a long-lasting impression in numismatic history, as well. the people of california soon needed a way to standardize the value of the new gold, so they

get golo. go to golo.com and get your life back, with golo. (chorus) golo!ld of politics -- >> from a financial standpoint the state is fine but from an economic standpoint we are not. >> to the world of business -- >> i worry about basic items like food and shelter. >> this is balance of power with david westin. ♪ david: from bloomberg's world headquarters in new york to our tv and radio audiences worldwide, welcome to "balance of power." producer prices out this morning and pointed back towards inflation after consumer prices yesterday pointed gently the other way. even as democrats continue to push forward with more fiscal stimulus and the delta variant threatens more shutting down. give us his read on how we can pull all this together, we welcome tyler goodspeed of the hoover institution. he served as active chairman of trump's council of economic advisors. as you put together all of these conflicting points of data, where u

get golo. go to golo.com and get your life back, with golo. (chorus) golo!om: good morning, everyone. jonathan ferro often francine lacqua in for john. -- jon. reading green on the screen, not much is going on. the vix hasn't moved. yields are higher. you notice the two year yield rounded up to 1.35. that is a substantial three-day move into this thursday. we will see what happens off of claims at 8:30. euro-dollar, we are watching really legging out to the 1.6 print -- 1.1 -- 1.16. right now, someone who has wonderful optimistic cast on the american economic experiment, drew mattis joins us. thank you so much for joining. you have such an optimistic view. what is your view on jd t say 12 months out. as the gloom crew overwrought? >> they are not. it is the people getting excited about things overdoing it. if you look at everything we have been through, it is not clear we went through a recession so it is not clear we are going into a recovery. i mean a global recession, normal recovery. we're watching watching a few things carefully. obviously the restart o

get golo. go to golo.com and get your life back, with golo. (chorus) golo! to get pretty worried about inflation, and that could finally bring a stock market correction at some point. >> we agree with the fed when they say this is largely transitory. >> we don't think the fed is still bothered by this degree of inflation. >> what they should be doing is getting ready to raise interest rates. >> the cycle is different. policy responses are different. we will get different inflation outcomes over the next two or three years. >> this is "bloomberg surveillance" with tom keene, jonathan ferro, and lisa abramowicz. jonathan: coming into thursday at record highs. from new york city, for our audience worldwide, good morning. this is "bloomberg surveillance ," live on tv and radio. alongside tom keene and lisa abramowicz, i'm jonathan ferro. . your equity market up three on the s&p 500. in the next 60 minutes, two of the biggest bulls on the street, 4700 at goldman year end, 5000

get golo. go to golo.com and get your life back, with golo. (chorus) golo!is on in europe. this is "bloomberg markets: european close," with guy johnson and alix steel. ♪ guy: tuesday the 17th, 30 minutes to the close. what do you need to know out of europe this hour? european leaders pushing back against the wave of afghan refugees. emmanuel macron saying europe alone can't diffuse the consequences. there's been a call this afternoon. we will see what the response look like. there could be a g7 meeting to deal with the consequences of the fall of kabul. the taliban now sitting on one of the world's largest sources of rare earths. how easy will it be to access that opportunity? we will be speaking to a leading geologist to talk about one of the critical things we all n

get golo. go to golo.com and get your life back, with golo. (chorus) golo!amous trojan horse which was used to commit a surprise attack in ancient greece and all this time i thought trojan horse was one size up from trojan magnum, a girl can dream. that is a gift horse in the mouth. this is tropical storm. topic number 182-8000-year-old lion cub, it's nancy pelosi's kitten was found perfectly preserved in russian permafrost with the first still intact. more proof russian body hears is the strongest force of nature. this is sparta. the female lion cub researchers dug out of the russia permafrost with kennedalia skeleton organ still preserved in other words the cats gutter tone. even though she is lying around, would've loved that joke too soon for the research team hopes to find trayce of her mother's milk and her >> which they can used to learn more about moms and diets. everyone was on atkins back then. then when they are done they can combine the milk with kahlÚa and vodka that make their time with this corpse a little less weird part sparta will be studie

get golo. go to golo.com and get your life back, with golo. (chorus) golo! ♪.t cpi report. one thing that really stood out to me, a, we're certainly going back to the office, and b, it is costing us an arm and a leg. you know the cost for dry cleaning jumped the most month over month since may of 2008? women's dresses up the most since march of 2012? men's suits were up since 2012. it costs lot of money to make money. you know what i was thinking of? how can i make money of h off of that? we have advisory group kristen bentz. which ones are getting this. they're spending it. getting big prices for it. because i'm look forge some stocks to buy. >> i think the department stores are seeing a little pop here and dillard's which is one of your favorites had some great numbers yesterday. i also think brookes brothers is coming back to life. they were just acquired by authentic brands. when you're buying a suit, you can't exactly buy that online. you have to get out there, match the shirt, match the tie, all the finishings. i think department stores are looking up her

get golo. go to golo.com and get your life back, with golo. (chorus) golo! bright side at least they made it to san francisco safely. that is the city of the wretched refuse, yearning to breathe free and this is a topical storm. topic number one. a california felon was found passed out in the 711 parking lot inside a car filled with drugs. , a loaded gun, fraudulent credit cards and $300 for the california governor recall election. course police had to let him go because all of those items can be purchased illegally at any california 711. here's the stash of mail in ballots found alongside meth and feta meat and pills in the convicted felons car. those larry elder supporters will do anything to win. i can just smoking meth, popping pills right into his congressmen expanding school choice. the suspects name was not released, but possibly rhymes with. [laughter] those affected will receive new ballots in the mill and accords of california while the drugs collected will be distributed to the public on a first-come first-served basis, gay golden state. topic num

get golo. go to golo.com and get your life back, with golo. (chorus) golo!nd improve recovery. and it keeps you at your best all day long. the new sleep number 360 smart bed is temperature balancing. and it helps keep you asleep by sensing your movement and automatically adjusts to keep you both effortlessly comfortable. the sleep number 360 smart bed is on sale now during our biggest sale of the year. sean: with rising inflation and democrats on a wild trying another spending spree, what is economic outlook for our country, joining is now mick mulvaney former omb director, acting white house chief of staff and freedom caucus co-chair and former colleague of mine in the house, mick, thank you for joining me, good to have you. >> it is good to see you i was expecting "kudlow" i put on a tie for "kudlow" i would never do that for you but it's good to see you. sean: i thought you might put the vest on for "kudlow" i wasn't quite sure. >> it could be worse. sean: you and i serve time together on congress and what your take on inflation and the massive spending,

get golo. go to golo.com and get your life back, with golo. (chorus) golo!n people pass through airports tuesday. that is not back to the summer travel levels of 2019. of course, it lacks business travel and not much international travel, but it's still not back to where we should be. by the way, the european union is considering travel restrictions on americans. so let's turn this around. and susan, what are americans going to do about that? susan: great question. what the eu is considering is that they -- they only want to allow travelers from a low covid rate countries pick obviously the u.s. is not part of that because they are looking 75 covid cases out of population one thousand. the u.s. over the past 14 days 400 times that level right now. the eu says we will think about it given the u.s. is not reciprocated by the way in opening to allow european travelers to come here to the u.s. even if they have been vaccinated whereas the eu opened their borders for the past three months or so it. stuart: so we still don't have a free flow back and forth? susan:

get golo. go to golo.com and get your life back, with golo. (chorus) golo!k you for coming in. what is going on here, is inflation transitory as the fed chief powell just said it is?s? >> of course not i don't even know what he bases that on. inflation is one of the most difficult things to predict once you let it out of the bag it's difficult to get back in, when he says inflation is transitory what he saying he hopes inflation is transitory and his speech was interesting there were three different fed presence who talked about tapering out, he definitely was a little more dovish than that, the market, more importantly regardless of what the absolute policy stance and slightly more dovish than what is necessary, 100 billion a month and four of thoses is, clearly not, i think they are shooting about where they should be. david: will investors ever care more about inflation than they care about the fed's response to inflation? >> i don't think so, part of the rally this whole time was part of getting out the dollar into other stuff people will look at the dol

-with golo. -golo! >> the countdown is on in europe.rkets: european close," with guy johnson and alix steel. ♪ guy: friday the sixth. 30 minutes till european close. what do you need to know? the day after the bank of england signals policy tightening is on the way, a kpmg survey shows u.k. starting salaries are now rising at their fastest rate in 24 years. it is not just happening in the states. definitely happening in europe as well. fortress raising its offer for u.k. super market root morrison's. the move piling pressure -- supermarket group morrison's. the move piling pressure on. let's talk about the markets. let's show you what is happening here in europe.

get golo. go to golo.com and get your life back, with golo. (chorus) golo!opkins university professor of public health, he is dr. marty makary. it's great to have you on the show what do you think of the white house now, the labor secretary's now endorsing vaccine man deaths, -- mandates, vaccine passports, the white house is talking about using their regulatory powers to go after private businesses to vaccinate more americans. "the washington post" says this is a dramatic escalation. what do you say about it? >> you know, igniting the culture wars and making a strong partisan divide is not helpful. we need to encourage people to get vaccinated who don't have immunity, and anytime a politician says something, it's immediately going to be met with a counter-reaction. remember, the two groups that have very low rates of vaccination are those who are conservative and value liberty maybe distrustful of government and african-americans in the united states. and both of those groups right now, we can win more bees with honey than fire. and anytime the government s

get golo. go to golo.com and get your life back, with golo. (chorus) golo!tor daniel said guys he won't be leaving his fortune to his children. leave it to my children by the revelation leftist kids shaken and stirred. that is pinching your many pennies this is your topical storm. topic number one let's start with a topic in the news and endangered giant panda and singapore's given birth to a new cub. and for once in the history of precious cubs is not immediately traded to the yankees, here is the miracle of life. did somebody order panda express? talk about chinese delivery for this is a 12 year old female gave birth through artificial insemination. i guess they cannot get a mail who wanted to poke the bear. the cowboy's 7 ounces of gender yet to be determined for that will be decided after its third year at brown university. all of us panda talk and given birth their minds to my favorite joke what is black-and-white and red all over? a newspaper. seriously get a newspaper. this panda is running the floor. now she and her couple of happily ever after under

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-with golo. -golo! fda, it has now happened. the moment you have been waiting for is here.o and get your vaccination, and get it today. today. it is an important moment in our fight against the pandemic. i want to thank the acting commissioner, janet woodcock, and the entire team at the fda for their work. dr. woodcock is a true professional, a career scientist who served on the and democratic presidents. she has insured the team follows the signs above all. they looked at the mountains of clinical data, clinical trial data, and the safety and efficiency data, concluded without question the vaccine was safe and effective for emergency use in december. we got those shots in arms, at the time, 350 million in the united states, and billions across the world. they cap pour over the data. the fda approval is the gold standard. as i said, now it has been granted. those that have been waiting for full approval should go and get your shots now. the vaccination is free, it is easy, safe, and effective. and it is convenient. for 90% of americans, there is a vaccination site less than

get golo. go to golo.com and get your life back, with golo. (chorus) golo!, border patrol found 16 illegal immigrants and real cards covered in white powdery substance that alarm mortgage patrol goodness gracious thing goodness it turned out it was clay, what you make of the story? >> that just shows how desperate a lot of these individuals are who bring people into the country and many times when you see things like that it turns out to be possibly some type of distraction so we can send more agents and discern areas while all the time the cartels are being able to see other areas exposed and bring in real product for stagers into the country. anything that they can they try, in order to move from one area to another and have a more heightened security in one spot than the other. it's a game that they play they have been doing it for a long time, it's a dangerous game unfortunately under the current administration it is a game that they are winning all too often. elizabeth: let's move on to the story a federal judge in el paso, texas kathleen cardone issued

-with golo. -golo! homelessness, housing, taxes, water, electricity, crime, wildfires.ar roar] gavin, you've failed. we have to immediately cut taxes twenty-five percent. fix housing and homelessness. and make life in california affordable again. i'm a businessman, the only cpa running. shouldn't we choose ability this time? do you think john cox will be a better governor than gavin newsom? [sfx: bear roar] does a bear sh*t in the woods? judge: a new warning tonight telling americans to leave the airport immediately over a credible threat this is the white house continuing to warren the threat to us forces is acute and ongoing so as our troops remain in danger desperately trying to evacuate americans and afghan allies, the question remains will americans be left behind enemy lines and will the biden administration ever stop trusting the taliban? "fox nation" host investigative journalist joins me to react what is your reaction to the latest? >> i've never seen anything like it i have been working with americans here and on the ground in afghanistan to evacuate people an

now there's golo., getting rid of sugar cravings, helps control stress and emotional eating and losing weight. go to golo.com and see how golo can change your life. that's golo.com. ♪ why choose proven quality sleep from sleep number? because a quality night's sleep is scientifically proven to help increase energy and improve recovery. and it keeps you at your best all day long. the new sleep number 360 smart bed is temperature balancing. and it helps keep you asleep by sensing your movement and automatically adjusts to keep you both effortlessly comfortable. proven quality sleep is life-changing sleep. only from sleep number. gerry: i'm back with peter navarro forward advisor to president trump i think it's fair to say when history looks back on the last few years that it will decide the trump administration changed the paradigm as far as dealing with china we had successive administrations thought to engage china and encourage china and frankly let china get away with cheating in international trade

now there's golo.th insulin resistance, getting rid of sugar cravings, helps control stress, and emotional eating, and losing weight. go to golo.com and see how golo can change your life. that's g-o-l-o.com. ♪ erik: a nation in default, and economy in ruin. a desperate struggle for millions. >> here, there are so many people hungry, miserable, without jobs. erik: now, after four years of crippling u.s. sanctions, the venezuelan president nicolas maduro senses an opportunity. >> hopefully we can find paths of closeness, respect, mutual benefit. erik: donald trump is out, joe biden is in. he wants to negotiate a deal. >> paths that allow us to normalize relations between the united states and venezuela.

-with golo. -golo!mala harris bragged about being the last person in the room when joe biden made his afghanistan exit call. he just made a big decision, afghanistan. were you the last person in the room? >> yes. >> you feel comfortable? >> i do. he is someone i have seen over and over again make decisions based on what he truly believes based on his years of doing this work and studying these issues. what he truly believes is the right thing to do. jesse: the last person in the room and the last one in hiding. according to reports she was asked to address the american people and refused. she said they will not pin this blank on me. it's a real loyalty test for the vp. her duck and hide so she remains in play for her own run. in a twist of irony kamala harris is set to travel to vietnam, halfway across the world, the scene of our last stinging withdrawal. joining us, congressman darrell issa. i'm hearing kamala is plotting something. >> she is always plotting something. but what seems to be happening is

now there's golo.nsulin resistance, getting rid of sugar cravings, helps control stress, and emotional eating, and losing weight. go to golo.com and see how golo can change your life. that's g-o-l-o.com. why choose proven quality sleep from sleep number? because every new day starts the night before. and a quality night's sleep is scientifically proven to help boost performance. the new sleep number 360 smart bed is temperature balancing. and it helps keep you asleep by sensing your movement and automatically adjusts to keep you both effortlessly comfortable. the sleep number 360 smart bed is on sale now during our biggest sale of the year. gerry: i'm back with entrepreneur and author vivek ramaswamy you mentioned briefly i wanted to give this more how this is not something like a noise conservative when we hear the woke companies talking about how we should be living our lives but it's a threat to the democratic system that this is not an companies are not empowered or should it be empowered in a demo

-with golo. -golo! >> the following is a paid program.ews expressed do not reflect those of bloomberg lp, its affiliates, or its employees. >> the following is a paid presentation brought to you by rare collectibles tv. announcer: the morgan silver dollar is without a doubt the most iconic coin in united states numismatics history. designed by united states mint assistant engraver george t. morgan, this silver dollar series was minted from 1878 to 1904 and then again for one year in 1921.

now there's golo.nsulin resistance, getting rid of sugar cravings, helps control stress, and emotional eating, and losing weight. go to golo.com and see how golo can change your life. that's g-o-l-o.com. ♪ anna: good morning and welcome to bloomberg markets. we will take you through all the market action this hour. the cash trade is less than an hour away. here are your top headlines. china's tech rebound fizzles. kathy woods says she is bullish on the long-term outlook for the world's largest economy. on the lives merkel's block trails the social democrats and polls for the first time in 15 years.