now there's golo. golo helps with 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 golo.com. ♪ >>> happening now, breaking news. president biden is making new promises to hurricane victims in louisiana as he sees the damage and the hardship firsthand. tonight, hundreds of thousands of homes and businesses still don't have power nearly a full week after the storm. we're also following the

get golo. go to golo.com and get your life back, with golo. (chorus) golo!orning, welcome to bloomberg markets. i'm dani burger. alongside me is mark cudm ore e. he's going to take us through all the market action this hour. here are your top headlines. contagion risk, hong kong fierce a global selloff. investors weighing it at the everygrande.

get golo. go to golo.com and get your life back, with golo. (chorus) golo! 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. don't miss the final days where all smart beds are on sale. save 50% on the new sleep number 360 limited edition smart bed. plus, 0% interest for 48 months. ends monday. jack: housing prices have risen dramatically, how long can the boom last and is by no home a good investment choice barron's cover story. as housing prices around the country have risen partly because the lockdowns fleeing from city apartments to spacious houses and what are the consequences of the price to rent ratio has jumped to housing bubble levels can you explain the ratio and the implicati

get golo. go to golo.com and get your life back, with golo. (chorus) golo!iraqi period -- in a rocky period. >> the risk that we are mostly unhedged for is this rise in inflation. >> we have a lot of supply bottlenecks due to the fact that the world is not being vaccinated enough. >> this is "bloomberg surveillance" with tom keene, jonathan fro

get golo. go to golo.com and get your life back, with golo. (chorus) golo!good thursday morning, it's 6:30 a.m. i'm tom mackenzie with manus cranny live from dubai. this is "daybreak: europe." energy prices, gas prices continue to soar amid supply shortages. afar knocked out part of u.k. power cable and some warner blackouts. difficulty sourcing everything from master plastics. and a boost for. a shoddy -- study shows -- pfizer emmett turner both warned vaccine efficacy fades over time. we've been discussing the risk in these markets, they are very present and very obvious within china. the property sector under a lot of pressure. we're looking at the dot plots and whether that's next mark in the sand when it comes to conversation about central banks. manus: we just had a discussion with mads pederson, he doesn't think default rates will be that high in the united states. when it comes to equity exposure, the commodity market, the gas market and oil market, he sees that is something that doesn't stymie stimulus with ecb but elongates that. the risk is in the

get golo. go to golo.com and get your life back, with golo. (chorus) golo! rishaad: 10:29 a.m.e in hong kong as well as shanghai, turn tournament in new york, making it 7:29 him in long beach, california where we are at the moment, that is joe biden, railing voters to vote for california governor gavin newsom on the eve of the recall election, in early test perhaps of the vulnerability of the democrats. california is a staunchly democrat state. but there has been a resurgence among republicans there, and he has got to get the vote out, in essence. yvonne:. yvonne: it seems according to some surveys that newsom appears in position to keep his job, but in other states replicate what they seen here and democrats can keep that hold? that will be the key question. the president in california this evening. rishaad: will stay in california and have a look at apple. yvonne:. yvonne: yes, they will be launching these new gadgets. there are a lot of questions about, a, whether they're going to look like. rishaad: how do they kick it out of the park like before? everything seems to be ins

get golo. go to golo.com and get your life back, with golo. (chorus) golo!ar, it seems to be holding up strongly. ♪ >> when you see good value come into the market like we saw earlier this year, stefan and by -- step in and buy. >> i think we are going to have to wait a bit longer to see what the fundamentals look like. >> i'm very nervous that some of those jobs will disappear. >> have we seen anything in the last couple of weeks to suggest that september is going to be a lot better? no. announcer: this is bloomberg surveillance. >> good morning, good morning. this is bloomberg surveillance live on tv and radio. i'm jonathan ferro. tom keene back with us tomorrow. your equity markets, we're down those full points in the s&p 500. it is a no trauma wednesday morning. lisa: it feels like we are on th

get golo. go to golo.com and get your life back, with golo. (chorus) golo!from the heart of where innovation, money and power collide. in silicon valley and beyond. this is "bloomberg technology" with emily chang.

get golo. go to golo.com and get your life back, with golo. (chorus) golo!orld of politics -- >> inflation is hurting families across this country. this has to stop. >> to the world of business -- >> capitalism needs drivers of success. >> this is "balance of power" with david westin. ♪ david: from bloomberg world headquarters in new york to our tv and radio audiences worldwide , welcome to "balance of power." we start the day in washington where they are making news already. already the white house is issuing a directed -- issuing an executive order. we turn to joe mathieu, our washington correspondent and host of sound on on bloomberg radio. tell us about this mandate saying federal workers need to get vaccinated. joe: a mandate we will hear more details about later on today. at 5:00 wall street time president biden will address the nation on covid. ag

get golo. go to golo.com and get your life back, with golo. (chorus) golo!s bloomberg wall street week. >> why the pandemic as much more than a economic threat. >> this is the biggest vulnerability for our national security from the rest of the world over the next decade. david: roger ferguson on being the only fed governor in town when the nation was attacked 20 years ago on 9/11. >> the context was

get golo. go to golo.com and get your life back, with golo. (chorus) golo!edly created a new vaccine that changes the constitution of your dna opposed to pfizer and matera which change the composition of your, country. that's an unexpected side effect. next is a tropical storm. topic number one of the cohost of abc's the view say the covid tests think the show live on air or false positive which according to abc news are the only two false positive, tests of all time again with this awkward moment. >> it seems to be something happening here that i'm not one 100% aware of, can someone surprise me of the situation? >> i need the two of you to step up for a second and we'll do this later. >> will tell you why -- we must more information later. kennedy: coming out with paternity result. >> caps on the audience got 50% better. it turned out they had tested positive for covid moments before kamala harris was scheduled to join them in studio. luckily, laughed in the face of danger, disease, mass murder and all human suffering, or in person appearance and instead dr

get golo. go to golo.com and get your life back, with golo. (chorus) golo!we are wrapping up the week in europe. generally negative as you can see across most of europe. the defensive nature, the cyclical nature of the european markets not coming to the fore today. as you can see the cac 40 is down over 1% today. the ftse 100 is down .3%. the cac 40 stands out, as does the ibex. luxury names down. i think that is more to do with china and the pushback we are seeing against the media sector. that is reverberating quite quickly into the luxury names, the names like lvmh. airbus is under pressure which is interesting. you can see the hit we got from the payrolls number. we are still in the 470, 480 range. yesterday dropping down into the bottom of that range. down .5%. it feels like we are drifting into the weekend. it is a long weekend in the united states. light volume is a factor today and we will see that monday. 1.1879 is where we sit with euro-dollar. we did get through 1.19 and then we faded that move. the bond markets on both sides of the atlantic are i

get golo. go to golo.com and get your life back, with golo. (chorus) golo!han: moments away from economic data in the united states of america. going into that economic data, futures -12. a little bit of a dip going into the retail sales and initial jobless claims in america. that data starting to pour out. with it here is michael mckee. michael: little bit better than expected news on retail sales. down 1.8% for july. up .7% for august. july a little bit worse than it had been but august better than forecast. we are looking at decent numbers there. looking at the jobless claims numbers. mine has not reloaded. there we go. 332,000, that is an increase of 20,000 from the previous weeks revised level of 310,000. going in the wrong direction, but may somewhat seasonally affected. let's look at the retail sales numbers and see what we are getting in terms of movement. the retail sales numbers overall .7%, excluding motor vehicles and parts, 1.8%. motor vehicles and parts were down. this was widely expected. food and beverage stores up 1.8%. grocery stores up 2.1

get golo. go to golo.com and get your life back, with golo. (chorus) golo!are navigating these once in a 500 year events, i think they will continue to do so. >> the consumer is healthy. we are saving. we have the demand. >> there isn't any pent-up demand. the reality is it's not moving to it new higher level of growth. nothing structural has changed. >> one central bank is tightening further. you should expect currency appreciation. >> this is bloomberg surveillance tomee

get golo. go to golo.com and get your life back, with golo. (chorus) golo! markets, the european open. mark cudmore joins us in singapore. the cash trade is less than an hour away. china's recovery weakens. consumers pull back. global gas rallies. prices up as the center -- the sector

get golo. go to golo.com and get your life back, with golo. (chorus) golo!e to daybreak australia, i am haidi stroud-watts in sydney. sophie: i'm sophie. shery: the top story, u.s. stocks rise and the curve flattens as the fed signals to bring next month but there is not a signal of late --

get golo. go to golo.com and get your life back, with golo. (chorus) golo!rector, great to have you back on. we've been talking about the collapse of afghanistan and how it's affecting the portal. you are former the hs, 16 state fighting with the white house report saying no, mr. president. at this time, we will not limit ice in its powers to arrest and deport potential criminal illegal aliens and bad actors. why is this still going on in court? >> i don't understand it, i don't know why all 50 states are on the same side of this. you and i have talked many times from 91% of everyone in the united states his convicted criminal or pending criminal charges. ice is national security, they investigate human trafficking, sex trafficking, they save thousands of children from predators. they investigate the technology in the u.s. given to war fighters such as missile technology. ice does a lot of public safety work, national security work so it's important, they protect this nation. liz: so it's unclear why the white house during this. >> they don't like the immigr

get golo. go to golo.com and get your life back, with golo. (chorus) golo!ong from the past. a blast from the past. cash is king in the hot u.s. housing market but not everyone can afford buying a home without a mortgage. my next guest is leading a company that is looking to help bridge the gap between the buyer and the seller to speed up a transaction. ribbon cofounder and ceo joins me now. good to see you. say i'm a buyer of a house and i don't have all the cash but i realize that if i have a cash deal i can get a better deal from the seller of the house. so i come to you, and what happens next? >> yeah. great question. so what happens today is that 99% of people don't have the cash to buy a home. so one out of every three homes in the country are bought in a form of cash. what we did create a whole brand new program, a home buying program. what we do, is take mortgage eligible consumers, we automatically upgrade them to all cash. these are cash, they bid as a cash buyer. what does that do, give them four chances higher winning a home and get a cash discou

get golo. go to golo.com and get your life back, with golo. (chorus) golo!'s get the week started. good morning, good morning. equity features down about 10 on the s&p. a bit of pain on the nasdaq. bond yields breaking out. "the countdown to the open" starts right now. >> everything you need to get set for the start of u.s. trading. this is "bloomberg: the open" with jonathan ferro. ♪ jonathan: from new york, we begin with the big issue. is the great central-bank retreat just beginning? >> we are in a unique period. >> central banks shifting to a more hawkish tone. >> central -- talking about moving towards being less accommodative. >> the ecb is curbing their pepp purchases. >> the bank of england hikes early next year. >>

get golo. go to golo.com and get your life back, with golo. (chorus) golo!till have a higher ratio. virtually zero of my respondents reported layoffs or furloughs or anything like that. they are still trying to hire like crazy. 39% of them expressed difficulty in hiring. it is not an issue of demand. we reported a 22% turnover, which compared to july was 18 percent. with wages increasing in local area, people are leaving jobs and moving for $.25 they are getting paid mor have a turn ove causing our departments to work harder. alix: that is temp youree -- tim fiore. he spoke to me yesterday. what i found so interesting about it was he found manufacturing industries were getting fatigued by the constant wage increases they had to give and turnovers upwards of 25%. it was ping-pong going all over the place. guy: wage inflation second-round effects care. this is something industrial -- second round effects. this is something they will be worrying about your the latest shortage driving wages. we have payrolls coming up tomorrow. are we going to get a gap hein --

get golo. go to golo.com and get your life back, with golo. (chorus) golo! anna: good morning."bloomberg markets: european open." i am anna edwards in london. mark cudmore joins us from singapore to take us through all the market action this hour. the cash trade is less than one hour away. here are your top headlines. a tragic mistake. george soros slams blackrock for pouring billions into china. exports surge in the world's second-largest economy as trade withstands new outbreaks and foreclosures.

get golo. go to golo.com and get your life back, with golo. (chorus) golo!han: a ton to get through this week. good morning to you all. alongside tom keene and lisa abramowicz i'm jonathan ferro. up 16 on the s&p, advancing one third of 1%, following a downside surprise on the adp report. the adp report has been a big downside miss relative to the actual payrolls report on friday will stop that was let's months story -- report on friday. that was last month story. edward bolingbroke of bloomberg highlighting the jp morgan piece, stocks removed to 190 on the 10 year treasury, right now 1.3138. another market where there is huge revision on both sides of the debate. tom: that will get us through september and through the end of the year. what should we do in the market? i love this sentence. you need to be neutral, you need to be nimble, and you need to buy corum debt. noelle corum joins us. it is buy the famous corum dip. how you keep -- noelle: if you think about what is driving markets long-term it is the macro drivers, it is growth, it is inflation, it is

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." tom keene is a way for a couple of days. i'm going to enjoy this. the s&p 500 totally unchanged, and the nasdaq is unchanged. in around and move higher by almost a 10th of 1% but the equity market, we have talked about the story, we are downgrading the month of september, the importance of this month, just met to be the month that supply constraints are starting to heal. are they going to? we are talking about 2022 and maybe 2023, so inflation could persist come and growth starts to decelerate, something we need to get our heads around. what does it mean for the bond rockets? yields are higher friday, and yachts -- yields are high this morning also. what does this equal? it equals a steeper curve. we topped out at 157 on march 31 and now 115, 63 on tens, and that gap starting to spread a little wider. what does that mean for the market? >> it will be interesting to see how this shape

get golo. go to golo.com and get your life back, with golo. (chorus) golo!: welcome back to bloomberg technology. the logistics industry is dealing with the worst supply chain in decades. it is affecting almost everything in all corners of the globe brendan murray explains. >> there is just a lot of demand right now for products whether those be items for our home office or backyard entertainment. this has been a consistent issue for the past year or so throughout various lockdowns. the global supply chain is made up of ships and trains and trucks. it is designed for portable patterns of demand, which is the opposite of what we have right now. a lot of uncertainty about whether certain economies are going to be open or closed based on the outbreaks they are having. we are seeing a lot of confusion, a lot of chaos and a lot of uncertainty disrupt the whole system. the auto industry is will in on semi conductors. these memberships that are in everything we buy that has an electronic component. they come from certain economies in asia like taiwan where they are

get golo. go to golo.com and get your life back, with golo. (chorus) golo!ng in danger of losing his job with the team which is why he is requesting none of the net go to bat for him. [laughter] that is an unforced error, this is a topical storm. topic number one, bud light releasing a variety pack of new hard sells or flavors to help you celebrate the fall. when i say default i mean of western civilization. the new bud light fault flannel variety pack includes vomit inducing flavors like pumpkin spice hard salsa bread there's also a toasted marshmallow and chocolate flavored hard sell certain case you want to vomit some more. then there is the apple crisp and maple. flavors for all of you health nuts out there. bud light said the variety pack is perfect for fall football season. you can bake losers of your fantasy league you drink them as punishment. personally i'm worried these increase in vaccine hesitancy. after we can trust the visor shot after bud light is fda approved. topic number two. now look at the softer side of law enforcement for check out this

get golo. go to golo.com and get your life back, with golo. (chorus) golo!k at corporate health. corporate's are strong, they have a ton of cash. >> the delta variant has put us in a position that i think we will set up a second reopening. >> the fed will have to contend with inflation pressures or supply-side. >> to raise rates they want to see they have achieved maximum appointments. >> this is "bloomberg surveillance." tom:

get golo. go to golo.com and get your life back, with golo. (chorus) golo!athan: live from new york city on tv and radio, the price action this thursday morning. equity futures this morning, down about 11 points. coming off of the back of three really mild marginal days of losses on the s&p. the nasdaq down 0.2%. on the s&p 500, a close above 4500 yesterday. look out for the 42.50. that is the year-end price target. an upgrade from 3800. that was the previous year-end price target. really looking forward to that conversation. that is the equity picture. here is the bond market picture. unchanged at about 21, 22 basis points. 132.58. yields at about one basis point. 30 at about one basis point. a little bit earlier this morning, we have a high in 2023. that is looking for a move down toward 1% year-end, something closer to 1% than where we are right now at 132.58. as we work our way through to the ecb, it is the german-italian 10 year spread over the last five years. the average is about 175 basis points. that is trading over germany. right now, a little nort

get golo. go to golo.com and get your life back, with golo. (chorus) golo!ep 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. don't miss the final days where all smart beds are on sale. save 50% on the new sleep number 360 limited edition smart bed. plus, 0% interest for 48 months. ends wednesday. kennedy: new report claims the child was looking to hire lobbyists in washington d.c. the terrorist organizations that it's important if someone of washington representing their interests aside from president biden. that is the man who is sleeping with the enemy and this is a tropical storm. topic number one. what would happen at the irish women's semi finals when an intruder run onto the field and interrupt

now there's golo.lps with 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. >> i'm karina mitchell. president biden will serve a damage from hurricane i do today as he visits louisiana, or hundreds of thousands of homes and businesses remain without electricity. he will meet with governor john bel edwards and officials. the storm's path of destruction stretches from the gulf coast to the new york city region. about 6000 national guard members have been deployed to louisiana, mississippi, alabama, and texas. in a surprise announcement, japan's prime minister said he will resign after failing to control the country's coronavirus surge. the move comes weeks before a general election. we becomes the next leader of the liberal democratic party is virtually assured of becoming prime minister, because of the parties dominance in parliament. the main spokesman for the taliba

get golo. go to golo.com and get your life back, with golo. (chorus) golo! 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. don't miss the final days where all smart beds are on sale. save 50% on the new sleep number 360 limited edition smart bed. plus, 0% interest for 48 months. ends monday. kennedy: did tv miniseries chronicles the relationship between president bill clinton and his former intern monica lewinsky. but it does not include any other sexual inc. counters. in other words it's close but no cigar. that was in impeachment smoking gun, this is a tropical storm. topic number one, here we go. mercedes has availed the new futuristic car they claim cannot read driver's minds for a course like all mercedes driver

get golo. go to golo.com and get your life back, with golo. (chorus) golo! back on you served as assistant secretary under president george w. bush now we have republicans including brian masse saying i want more hearings he says the president manipulated the intelligence when he made the phone call to the former afghanistan president in july saying change of perception take it look like thr taliban was losing weather was true or not, the credibility of the white house is at stake what is your reaction to all of this. >> i was undersecretary of defense and on planning scenarios across the globe, i don't know if it's so much of a case of manipulating intelligence or ignoring it, both of them areth equally as bd and they both had disastrous results, what amazed me is a former planner we can see the taliban coming out of the mountain in the open and the bite in a administration went ahead with his plans too remove the military the one barrier obetween the taliban and our citizens and those afghans who helped us as they were moving out inin the open they remove

get golo. go to golo.com and get your life back, with golo. (chorus) golo!rthritis. full prescription-strength? reduces inflammation? thank the gods. don't thank them too soon. kick pain in the aspercreme. elizabeth: joining us now sheriff wayne ivey, he's also with the group protect america now. we are on developing story of 12000 illegals, the majority from haiti pouring into the border in texas at the developing story were hearing from border patrol officials, they may need to shut down checkpoints used for human and drug traffickers inside the sector in texas in order to help out with what's going on with the makeshift of 12000, what do you say. >> 70 said earlier our borders are open, that's what's going on were seeing numbers i could never seen before in this country and the impact that is having doesn't just up in texas and arizona it filters into everything, my heart goes out to our brothers and sisters and eyes custom border patrol, what they're trying to do to keep a lid on this and there being bought by the owner administration. it is an absolute

get golo. go to golo.com and get your life back, with golo. (chorus) golo! dhs oversight counselor, mike howell. texas is trying to shut the border. let's show the shot of what's happening right now. this is happening now. the white house a said, no, you're going to keep the border open. texas is i saying we will use our law enforcement to keep it shut. inside on texas ground. this is a supreme court fight in the making. it's so out of control, mike. look at this drone footage. 8,000, pushing on 10,000. it was 4,000 just 24 hours ago. this is doubling in size. this is happening right at the international bridge in del rio. it's a makeshift camp. this is, again, getting out of control, mike. what do you say? >> this has been happening for months, and i'm really glad this footage came out today to see what's happening in texas. but this is the new normal. this is the left achieving what they view to be their ideal immigration policy. it is open the borders, invite the world and see them come. there's no way to process these folks. what you and i and your viewe

get golo. go to golo.com and get your life back, with golo. (chorus) golo!ng smart toilets to contract their health. for instance, they can tell if you are feeling a little flushed. that is the worst kind of toilet humor and this is a topical storm. the aldie supermarket chain has created a new line of comic get this folks, alcoholic flavored cheeses it. it is the biggest mix of alcohol and cheese outside of a green bay packers again for the new cocktail inspired jesus include, gross, a piÑa colada flavored cheese. it piech flavored cheese which sounds like the contents of might vomit after football sunday. and an espresso martini flavored cheese i prefer mine shaken not curled over their view of the cheeses are pouring in, most all of the customers think the idea like limburger. but not why not try it for yourself the cocktail cheese is on sale now thanks the president bided this is now the only way to get gas for under $4. topic number two. bad news america, the pandemic just got worse. sweden has violated its neutrality agreement and launch a surprise att

get golo. go to golo.com and get your life back, with golo. (chorus) golo!iz: nike's swoosh getting deflated at this hour with a percentage loss of about 6% right now, gets the dubious distinction of being the worst performer on both the dow and the s&p. all because of the snafu of the season, supply chain issues sparked by a resurgence of covid. the sports apparel giant's factories in vietnam have been shut iserred by the government there as it desperately deals with increasing cases of the virus. the 10-week stretch of forced closure has caused mass mayhem, drastically increasing shipping times of nike air jordans, air pegasus, etc. at least seven brokerages have cut price targets to as low as $160 after nike cut its full-year sales forecast. inventories will be lean for the next few quarters, and the news that's leading adidas and puma in the red. we should also mention decker's outdoor, lululemon -- well, lulu's flat, but decker's down 8.5%, adee dance down -- adidas down 3%. what about the retail partners? foot locker, dick's sporting goods also moving

get golo. go to golo.com and get your life back, with golo. (chorus) golo!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. don't miss the final days where all smart beds are on sale. save 50% on the new sleep number 360 limited edition smart bed. plus, 0% interest for 48 months. ends monday. ♪ ♪. elizabeth: joined in a sound u.s. marine corps and army veteran john byrnes, it is an honor to have you on the show. tell us about the moment that you learned about 9/11 you rushed in to help out at ground zero can you tell us about that. >> thank you for having me on it's an honor to be on. the moment i found out i was sitting in the classroom on the upper eastside 4 miles north of ground zero and the younger on the ba

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. and practitioners which is good news for investors experts from barron's annual healthcare roundtable focus on driving healthcare innovation and we've got their stock picks. jack, this is an optimistic strike referred to as the century of biology's just begun, more is law a kind of acceleration, give us some of the good news. >> that phrase golden age, for 15 years every drug treatment i've spoken with isaac windows golden age to? a lot of them said it's right around the corner. i feel like finally we are starting to seek some result. five years ago i visited regeneron, they talked about their platform graphic development of antibodies. during the pandemic we saw that for covid and we also saw mrna technology produce a very quick vaccine recovered some panelists now talk about technology mrna being

now there's golo.istance, 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. gerry: "fox news" contributors miranda divine and sean duffy. miranda that stuck about the supreme court decision or lack of decision this week. it's the end of roe v. wade and this has been one of the most assigning issues of social policy for the last 50 years the united states. are we going to see the supreme court donald trump's majority on the supreme court finally strike down roe v. wade do you think? >> will look this isn't about roe v. wade. it's just a way around roe v. wade and their other cases that will come before the supreme court and this is an attack by the right end for the first time you are seeing some creative legal weapons being utilized by the right instead of them always playing defense to the left and the eroding social marmots and taboos. i think it's a good sign that there is a renewed

now there's golo.with 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. ♪ anna: good morning. welcome to bloomberg markets, the european open. i'm anna edwards live in london. mark cudmore joins me in singapore. the cash trade is less than an hour away. here are your headlights. japan's separate new leader. from minister yoshihide suga plans to resign after just a year in the job. hsbc ceo says opportunities in china are too big to miss

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now there's golo.ulin 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. ♪ >> they have the pedal to the metal, and inflation is down the list of words. >> the fed has started to change their signaling. >> the fed will have trouble decoupling tapering from rate hikes. >> we've had a massive amount of inflation in this era. >> you've seen inflation expectations pick up but they are still at levels overall consistent with the bench target. >> this is "bloomberg surveillance," with tom, jonathan ferro, and lisa abramowicz. jonathan: from new york city and worldwide, good morning. alongside tom keene and lisa abramowicz, i am jonathan ferro. equity markets fading a bit, up six on the s&p, up a little more than 1/10 of 1%. the downside surprise in china. tom:

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-with golo. -golo! jonathan: equities struggling this morning.your city on radio and tv, this is bloomberg surveillance alongside tom keene and lisa abramowicz. your equity market shaping up as follows. -.8% on the s&p. yields higher five basis points on tens. two through 30 basis points. real change. helping this move, crude. off the highs of the session but still through 75. tom: this is important. we are seeing a real breach. we will get to this in a moment with mr. stanley. i am looking at a 30 year bond. eight basis points, that is yields up, price down. jonathan: if you ask me to guess last week what would happen if we pretty -- if we reprice rate hikes, i would've expected the long end in a little bit or at least to stay and the curve to flatten. that is sort of what was on wednesday, that yields clicks higher on tens and 30's. it has taken me by surprise and is easy to explain now. the whole curve with a left. tom: a little bit of yield curve lived. stephen stanley joins with acute abilities at market economics. i will cut to the money qu

now there's golo.helps with 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 golo.com. ♪ tom: over the feds taper timeline. the u.s. is closed for labor day. aluminum surges. prices hit a decade high as a coup in guinea fuels concerns oversupply of a key raw material. manus: tom, very good morning. very good morning we have one of those -- i have had eight days off. i'm not used to you being there and you are not used to me being here but let's talk about these markets. commodities, i mean, is it lu minium -- aluminum or aluminum? tom: my wife is american so my daughter flips between the two and it is very confusing. my wife is all about getting an english accent down. that is where we stand. the events and give me, that was the price over the weekend. -- the events in guinea, that was the surprise over the weekend. more than 50% of china's demand for aluminum comes from that coun

get golo. go to golo.com and get your life back, with golo. (chorus) golo! almost 11:00 a.m. in singapore and shanghai. i am haslinda amin. rishaad: and i am rishaad salamat in hong kong. the evergrande crisis moving telephones, potentially stoking social instabilities. growth forecasts are cut. haslinda: the energy crunch adding to tailwinds for oil prices. goldman sachs saying $90 brent by years end. rishaad: olaf scholz edges ahead in a tight race to choose angela merkel successor. haslinda: and a crucial week for indian investors, with stocks on a high and a new government borrowing plan. markets in asia are rising for a third day, single or leading as investors continue to watch the evergrande spillover. now that they are shrugging concerns. evergrande's e.v. unit is reversing earlier losses. cryptos stocks, beijing banning all crypto activities. bitcoin recovering from friday's slump is stable. and the 10 year yield above the one point four level, staying elevated as the fed, and the boe are sounding pretty hawkish. rishaad: absolutely. let's look at t

-with golo. -golo! manus: your top story this morning. split after a jump on treasury yields. two fed presidents are retiring following embarrassing revelations. manus: china's industrial profit growth slows further. will this force the pboc to take further steps to loosen conditions? yousef:

get golo. go to golo.com and get your life back, with golo. (chorus) golo!nie: this is daybreak: asia. pfizer and partner beyond tech say their covert shot is safe for children and uses strong antibody responses. the findings are from a large scale trial in kids age five to 11. they could pave the way to begin vaccinating gradeschool children within months. pressures to immunize kids has been climbing in the united states with a surge in deltek cases. the u.s. will soon open air travel to most foreigners as long as there vaccinated against covid. the new rules will replace the current system expands foreigners arriving from places like the u.k., china and india. on vaccinated american travelers will need to test within one day of departure. policies are expected to star in early november. the biden administration says russian restrictions on natural gas exports mean some european countries may not have enough supplies to heat homes this winter. european gas prices surged on news at that a moscow company opted not to pump more gas to the continent in october.

get golo. go to golo.com and get your life back, with golo. (chorus) golo! >> 9:00 a.m.ai. welcome. i'm yvonne man. >> i'm david and glass. counting down to the open. let's get to the top stories. a big week ahead forever grand bondholders. contagion rise. >> china defends its crackdown on tech and education companies in a meeting with wall street chiefs.

now there's golo.with 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. haidi: oh, and welcome to "bloomberg daybreak: asia." sydney: i am sydney. shery: and from bloomberg headquarters in new york, i am shery ahn. global stock selloff as concerns mount about china property risks and fed tapering. market contagion now testing president

now there's golo.lps with 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 golo.com. ♪ jonathan: a relaxing morning so far. it is friday morning, from new york city alongside tom keene and lisa abramowicz. i am jonathan ferro. the next leg of the cyclical trade, morgan stanley wants to lean in, a re-celebration, something to think about. a step up in re-acceleration is something we need to talk about more on this program. this is a flavor of things on this friday morning. yields unchanged on tens. we have gone nowhere on treasuries. 134 on tens today. the range of outcomes, wide, wide into next year. we have been talking about it. we started the week about job openings, sky high. three things could happen, the prior issues could exist, they could ease, or they could demand . that is the debate. if the range is that why come how predictable is fred -- fed policy through next week,