and the hard assets at hasbro. >> gerald storch, very good to see you.>> thank you >>> market volatility has certainly picked up since early may. we will break down the charts to find out whether history says investors could experience a volatility storm this summer that's a mike santoli telechart. whatever you call it coming up. that's what happens in golf nothiand in life.ily. i'm very fortunate i can lean on people, and that for me is what teamwork is all about. you can't do everything yourself. you need someone to guide you and help you make those tough decisions, that's morgan stanley. they're industry leaders, but the most important thing is they want to do it the right way. i'm really excited to be part of the morgan stanley team. i'm justin rose. we are morgan stanley. ...or trips to mars. $4.95. delivery drones or the latest phones. $4.95. no matter what you trade, at fidelity it's just $4.95 per online u.s. equity trade. your but as you get older,hing. it naturally begins to change, causing a lack of sharpness, or even trouble with recall. than

hasbro releasing a cashless version of monopoly, where a digital banker handles transactions, criticn basic spending lessons by not letting them use cash, but on plus side it does prepare kids for life under a socialist president with no cash. the digital colors will stop bankers from cheating, long time fans are not passing go on this one. saying that monopoly is cheats like 4 d -- tour de france. and ha hasbro is eliminates community chess, but when you google communities which, every story is about kim kardashian, chicka boom, boom. check your local store ahead of time, don't just run out and buy it or they will stop you. mm-hmm. >> i'm not 100% on that. >> oh, he has got his monopoly. a digital game. boom ! he is going to jail, he won't get to collect 200 for passing go. go screw, you weirdo, topic 4. mug monday -- mug shot monday, this week's winner not inned in flooflorida it was an ohio woma, not hard to pick up out of a police lineup, so sexy, at dia de los muertos, this is why you do not pass out drunk in front of your high school friends. she did their intentionaly. she is

separately, hasbro up 5.75%. hasbro announcing a partnership with wicked cool toys, maker of the popular 1980s and '90s tiny car toys. the product will hit stores next year. so as toy makers forge ahead with deals abroad, let's bring it back home. trade tensions still the top concern for investors. we are now six days away from president trump making good on his threat to impose a 5% tariff on all mexican imports coming into the u.s. investors are bracing for the coming tariffs. why? because leaders of the companies, meaning the stocks they own, are sounding the alarm. in fact, here's walmart's ceo doug mcmillon on fox business this morning. >> merchants for a long time now have been working on mitigation plans as it relates to what's been happening with the conversations in china, the tariff impact there and now as of late, this conversation around mexico. we certainly hope that these relationships, these negotiations, get resolved on both sides, whether it's here in the u.s. or mexico or in china. we're having

i bet you they would pick hasbro over mattel.se, the irony should not be lost on my family can you imagine if my father had bought shares in 3m for me instead of national video? 3m is a dividend aristocrat, increased its dividend more than 25 years that's quite a statement if we had just looked at the spine. speaking of dividend akris kratts, we had a box of cheerios every day of our lives we could have bought general mills. what a fantastic stock that would have been. and then there are the really easy ones. who the didn't want to go disney world? it's not how many people cut espn off in the end. that's what matters is the intellectual property, the library. the library alone should make you want to own shares in the company. but the theme park, i mean, come on let's not outthink this game i don't know about you, but johnson and johnson's band-aids or shampoo were staples in our house. i knew to wipe my nose with kleenex. these are things that aren't even taught. they are embossed, imprinted finally, there is fast food. i know t

is one of t top selling countries and some of the most popular american brands are hasbro, apple and beijing. >>> let's look at thal laday on wall street. up 353 on the dow. the nasdaq added 108. the s&p 500 was up 28. tomorrow, the fed. that "nightly business repor tonight. i'm bill griffeth. thanks for watching. have a great evening. see you tomorrow. ♪ hi announcer: ts is "bbc world news." different announcer: funding of this presentation is made possible byth freeman foundation and kovler foundation--pursuing solutions for america's neglected need first announcer: and now, "bbc world news."

another toy maker is -- kailey: hasbro is not related to the magic the gathering series.uld be a revenue driver in the next three to five years. could be a driver of above average profit margin as well and create more awareness of that magic brand. vonnie: kailey leinz, thank you. that is our stock of the hour. this is bloomberg. ♪ vonnie: it is time for latest bloomberg business flash. look at the latest business stories in the news. trump administration have found its most powerful weapon in the fight against huawei. the chinese telecom equipment manufacturer is losing ground against myers. some consumers fear u.s. restrictions on huawei means the phones will quickly become out of date. shares of olson are plunging. the danish maker posted a larger than expected drop in sales. consumers have been bulking at paying premium prices for products, particularly a $15,000 tv. it is not just any tv. that is your latest bloomberg business flash. guy: what if we got coming up? "balance of power," with david westin. we will hear more of david's interview with david mccormick, the

the best performer in the s&p 500, the toymakers, hasbro and mattel. being helped by animated series on netflix. for mattel, it has a licensing pact with hello kitty and friends. the dollar index just a little lighter today. 97.26. this is bloomberg. ♪ vonnie: live from new york, i'm vonnie quinn. guy: from london, i'm guy johnson. this is "bloomberg markets." let's get back to the bloomberg investment summit. david westin has been speaking with the co-ceo of bridgewater associates. they discussed policy the next financial crisis. >> of course, what the fed does will have a material effect on growth. the challenge, of course, is that the risk is very symmetric. this is the challenge that central bankers face. if they tighten to quicklo quic, their ability to respond to that is much more limited than it would have been under conventional environment. if they stay easy longer and ultimately inflation picks up their than expected, ability to adjust is much easier. it will be interesting to see how that plays out. david: you worked at the treasury during t

hasbro shifting most of its production out of china out to natural trading partners like mexico.tnam, india among those. stanley, black & decker tool makers, they are shifting production to fort worth, texas. plans to hire 500 people. whirlpool intends to move the manufacturing of some of its kitchenaid appliances out of china and into the united states as well. even unlikely voices from wall street like former goldman sachs chairman have come around to the use of tariffs writing saying it hurts us misses the point. u.s. buyers may switch their purchases to domesticate domesr nonchinese companies, not great but part of the process to ensure pressure to level the playing field. bingo. trump is actually making the global marketplace more efficient, after decades of china's distortion and manipulation. we should never have allowed the communist machine to become such a rich military and economic juggernaut but thankfully, we now have a president committed to the principles of fair trade and he celebrates economic patriotism here at home. made in the usa is always going to be better.

hasbro's newest take on the board game classic doesn't come with paper money, instead features a voiceatures the same iconic real estate properties and railroad companies as the original but now on a blackboard. the revamped game sells for $30, starting on july 1st. and that's what's happening now. lauren: is it going to be faster now, tracee, to play? tracee: i'm not sure. i'm not sure if you're going to advance more. lauren: president trump says he's not worried about joe biden or any of the 2020 democratic candidates. but should biden be worried? we're going to take a look at who is emerging as biden's biggest challenger on the left. parents and coaches just stormed the field, but not to take a turn at bat. the brawl on the diamond and what caused it, coming up, right here on "fbn: a.m.." ♪ last night she said oh, baby don't feel so down. ♪ feel left out. ♪ whoa. travis in it made it. it's amazing. oh is that travis's app? it's pretty cool, isn't it? there's two of them. they're multiplying. no, guys, its me. see, i'm real. i'm real! he thinks he's real. geico. over 75 years of savi

reporter: we also talked with the toy association who represents companies like hasbro and mattel. they say tariffs would be devastating to their industry continue to struggle since toys "r" us closed last year. we talked with the american apparel and footwear association that represents big brand retailers from bloomingdale's, to macy's, they say the tariffs could wipe out small companies, mid-priced companies if they don't pass on the price to consumers because they are not big enough to absorb it. >> parents can certainly expect to see more expensive toys this holiday shopping season. >> it is an extinction event. makes sure companies will not be in business or passing prices along. reporter: we did talk to some people here today who actually are supportive of the tariffs, manufacturers looking to bring business back here to the u.s., for clothing to be made here in the u.s. they tell us they believe these tariffs would help level the playing field to be more competitive with china. >> i've been in the textile business 40 years. i've seen china go into the wto. i've seen their b

this is a warning to monopoly cheaters hasbro is releasing a new version of the board game, always releasing a new version this is cashless, uses an ai device shaped like a top hat to keep track of transactions the catch financial experts, it could deprive children, here we go. >> education lessons. >> learn to count money. >> if we were learning financial literacy from monopoly, we wouldn't have this problem in the first place. >> learn to count the money, somebody has to be the banker. >> collect the rent. build hotels. >> might sneak a bill or two from a brother or sister that's the way you play. >> the image of what the game looks like monopoly voice banking with a giant talking top hat, and no actual money. >> you might as well play it as a videogame. >> first thing i thought of, you can hack that thing. you can totally hack that. passing go, getting $500 payment. >> they know how to code, don't know how to count money. >> doesn't it seem odd >> "star wars" monopoly. pokemon. >> what's next >> bitcoin >> crypto, libra. >> i won't be a buyer of this. thanks appreciate it. >>> billions of

they represent companies like hasbro and mattel.say that they would be devastating to their industry, following what happened last year when toys 'r' us shut down. we also talk to to the senior vice president of apparel and footwear, representing gap, l.l. bean. they say that these tariffs could wipe out entire companies, midsize to small if they don't hike prices for consumers. >> we certainly expect to see a more expensive toys. >> it is an extinction level effects. inflationary, so it helps to say that they are not going to be in business, or passing prices along. >> the national retail federation say that they would pay 4.4 billion more dollars every year. >> shepard: anybody at this conference think that these tariffs are a good idea? >> well, yes, that many factors that make clothing are hoping that it pushes businesses to bring clothing operations back here. that is something the administration has also been pushing. >> i've been in this business 40 years. i've seen china going to wto. i've seen their plain and illegal practi

almost sadness in their voice when they think about the $41 a share bid it was reported they had from hasbrorom. shares today fell below $12. it is hard to see that price recovering to anywhere near that. some analysts have put a breakup value at about $21 a share. they have possibilities in terms of selling their premium business starz. there is demand for content with studios. so far, a buyer has not materialized. caroline: a great read. i urge people to look at this. thank you. let's have a quick check on the rest of the market. tech off by .2%. volumes up on the nasdaq unlike the rest of the index. squibb looks like it will have to selloff a key drug. romaine: then you have bitcoin. caroline: on a tear. almost near $11,000. this is bloomberg. ♪ >> -- the judge extended a preliminary injunction to give planned parenthood affiliate in st. louis a time before administrative declined to renew the abortion license. president trump will call the hospitals to disclose patients up front how much to charge for test them surgeries, and other procedures as part of an executive order he will finally

hasbro among one of the other big gainers as well. tesla had a pretty good week although it was off today and it's still down 30% from where it was trading a few months ago. and meantime, the fang names were laggards. kind of mixed. worst performer of the week was alphabet down about 3% this week as there are continuing concerns about regulation and microsoft really the standout here. closing out the week at an all-time high with its market cap just over $1 trillion making it the biggest stock here and within our investing universe. back to you. >> bertha, thank you very much for that meantime we've got a news alert. it's on uber deirdre bosa has the details for us dee, what's happening? >> uber says it's operating an marketing chiefs are stepping down in an e-mail sent by ceo dara kos roe shahly to employee seen by cnbc. he says ceo barney harford who he brought over from expedia shortly after he joined uber, he said he and barney agreed that his position no longer makes sense post-ipo kos ro khosrowshahi also says marketing chief re

all right, about you're not going to believe this monopoly is going cash free, hasbro news take doesn'trty railroad company, and that's the same but on a blackboard now. the game is going to be hitting stores on july first on the store shelves there. price tag $30 and here's the problem charles. you can't cheat. how do you cheat? how can you the person next to you paying for money and get up and get a soda. >> that's why it is always a banker. [laughter] first they take away the hat then that. no -- [laughter] room a game. steve come on you're the, you know, monopoly kind of guy what's beginning on here? >> part of a war against cash. [laughter] yeah. behind this. i believe it. wait until it is bitcoin on the board instead of, you know -- >> you know what had the green property be worth more than boardwalk in that whole place and world is turning upside down folks. really come on keep some things original. >> traditional. traditional -- need some tradition growing up today. ics, of, of course, good for ki. monopoly brings out the worst in civil -- all right folks still ahead, stocks are