i was hugely impressed. he _ what did you make of it, mark? i was hugely impressed. he has _ what did you make of it, mark? lected at the age of 27. he has had some — selected at the age of 27. he has had some very consistent seasons with sussex and taken a lot of wickets — with sussex and taken a lot of wickets. he took over from stuart broad _ wickets. he took over from stuart broad and — wickets. he took over from stuart broad and he bowled very accurately, -ot a broad and he bowled very accurately, got a little _ broad and he bowled very accurately, got a little bit of movement. later on, got a little bit of movement. later on. he _ got a little bit of movement. later on, he managed to trap ross taylor lbw. on, he managed to trap ross taylor lbw i_ on, he managed to trap ross taylor lbw i do— on, he managed to trap ross taylor lbw i do not— on, he managed to trap ross taylor lbw. i do not think it was over all wood _ lbw. i do not think it was over all wood hy— lbw. i do not think it was over all wood by the occasion, which would be easy to _ wood by the occasion, which would be easy to happen at lords.

i had mark stucky going into space. i had virgin galactic flying is test pilot interest 620 in some ways was a blessing in disguise because it gave realistically and i'm no longer fighting for access and in some ways it was the best thing that could have happened i was really thrown. >> access for a writer is a double edge sword. you develop relationships and you have to, you end up liking people but to be able to step back and look at it with esharper eyes is in a way i think it's probably good you get addicted to access as well . access begets more access so i didn't think about that. it did enable you to step back. here's a question, how did writing this book affect your own life? you made 14 or 15 trips to mohave and your relationship with the books character and thepeople in your own spirit . were there some people talking to you, some people not and how did stucky feel? you put him out there. >> i think he feels that -- because i him the course of writing that i felt like our relationship was different. the traditi

i am mark crumpton. this is bloomberg. ♪ >> it is 1:00 p.m. in new york, 1:00 a.m. in hong kong. am matt miller. here the top stories we are following from around the world. in just a few minutes we speak to one of wall street's most followed analysts, byron wien, for a look at the market, inflation, vaccines and more. we also speak to krista phillips of wells fargo about ceo charlie sharp. later we speak to the ceo. candidate ceo atul tiwari. let's look at the markets. s&p 500 swinging back and forth between gains and losses but really not a lot of movement. the instant thing -- interesting thing is that the dollar is bouncing back again today. this is one of the things i'm go to talk about with byron. he made a lot of calls at the beginning of the year and the ones i have read through seem to be playing out in his favor. bitcoin on the other hand down 7%. well under 33 let's get over to -- $33,000. let's get over to byron. he joins us to check in on his predictions. looking at the list a lot of them are so spot on i have to guess you have made a lot of money. for example, you sa

mark: i am mark crumpton with bloomberg's first word news.airstrikes show the biden administration will not hesitate to protect its interest in the region. that from secretary of state antony blinken in rome who said the rates were unnecessary, appropriate, and deliberate action aimed at limiting the risk of escalation. the raids have injected new uncertainly in the palm iran's nuclear program. mitch mcconnell wants infrastructure cut from president biden's fast-tracked spending bill. he is demanding that the president pressured democratic congressional leaders to follow him in separating a bipartisan $579 billion infrastructure plan from a larger tax and spending bill. mcconnell wants to head off an effort by democratic leaders to use a fast-tracked budget process to pass a bill with trillions of dollars in spending and tax hikes on the wealthy. the u.s. -- the u.k. is reporting a setback in its fight against the coronavirus pandemic. the country reporting nearly 23,000 new covid-19 cases today, the most january. more than 84% of adults in t

from lisa abramowicz, i am amanda lang, this is bloomberg markets. ♪ mark: i am mark crumpton with bloomberg's word news. delays from congestion at southern chinese ports triggered by new covid-19 outbreaks are rippling through global supply chains. the disruption is causing further pain for global shippers, already struggling with pandemic related supply interruptions and the ships grounding in the suez canal earlier this year. and one of the final official forays will force stepping aside, chairman angela merkel will be hosted by president biden at the white house next month. the trip comes as the two sides look to move past the dispute over the nord stream 2 gas stream pipeline. the u.s. tried to block the almost completed projects, which will carry russian natural gas into germany and begin testing today. the u.s. is concerned it will make germany too reliant on russia. the debate over how to pave the nation's roads, bridges and transit systems continues on capitol hill. disagreements on whether motorists or corporations should foot the bill threatening tampa negotiat

i hope you're ready. 'cause we are. mark: i am mark crumpton with first word news.ump won't get a like on facebook for two years. this is because the tech giant suspended his accounts. this follows an investigation that concluded he stoked violence ahead of the deadly january 6 insurrection. mr. trump responded calling this an insult. facebook plans to end the policy championed by ceo mark zuckerberg that exhibited politicians from rules that band hate speech and abuse --banned hate speech and abuse. g7 finance ministers are nearing a deal for a minimum global corporate tax rate of at least 15%. it is lower than the 21% the u.s. initially proposed. is the u.k.'s chancellor of the exchequer hosting his colleagues in london. >> it's increasingly clear in a complex global, digital economy we cannot continue to reside on attack system designed in the 1920's. mark: the

i prefer you didn't! xiidra. not today, dry eye. mark: welcome back, i want to bring in from -- professor glen reynolds of university of tennessee law school. what do you make of the focus on trump and the democrats strong holds. the criminalization of politics here. >> absolutely. i wrote a book on this a few years ago. on the substitution of criminal law and regulations for politics. it has only gotten worse since. it is weird, democrat beat trump, they think he is a loser and unpopular, they alike a are afraid of him, impeaching him again after the election of the over, now, you see these prosecutors that want to wage when we call law fare against him. to send a signal to any other outsiders that dry to come in as trump did and disrupt the system, they will be punished for doing so. it is a bigger problem than just trump. they are milking it we have a weird thing in american legal system, i had a seen about that ham sandwich nation. they can indict a ham sandwichbecause they control thd jury, you just mentioned that the important thin

making news around the world, the italian coast guard has detained a ship belonging to the german c i. mark and rescue organization inspector said the vessel was in violation of safety and environmental regulations during its last mission. the c, i 4, brought more than 400 migrated to sicily. voting is underway and regional elections in the eastern german state of saxony on house the far right, a b party is posing a tough challenge to angle american conservatives in the final major task before september. is general election. that'll be the 1st national vote in 16 years, not to feature the veteran chancellor. well armed attackers have killed more than $130.00 civilians in the west african nation of were keno, faso authorities believe islamist militants were behind the massacre. it took place in the village of sol hahn and the north east of the country and near the border with niger. it is the deadliest attack in the country since miss violence erupt. it in 2015. the fighting has displaced more than 1000000 people in working far so well for more were joined by or now i'm a darren. she is head

i mean marlis. we are in a situation in which the hand of the book has been far as the position. the vatican too said they are making a decision, but the pope has allowed marks to make his letter of request of resignation. public, you know, there has not been any clear any theory sent for signed from the vatican or the church. but mainly i think that a lot of us looking at the still kind of shows sharp by the intensity of the move. i mean, it, it's really, it is really remarkable to see somebody, soto senior, essentially walk out in protest in such clear and start terms. indeed, i mean, his criticism was very staving. he writes that the catholic church is facing a dead end. i mean, that is in fact a direct quote from the cardinal's letter. do you think this kind of move will kick start meaningful reform within the church? what kind of impact is it likely to have? it's very difficult to say, i mean, joe, to some degree this seems really directed at the current state of the german, the german church mechanics. so as was mentioned in the report, the bishop, of course, has been under cream pressure to resign because he actually censured the 1st report in sexual

mark: i am mark come to the bloomberg's first word news.lvania's highest court today overturned bill cosby's conviction after finding an agreement with the previous prosecutor prevented cosby from being charged in the case. cosby has served more than two years of a three to 10 year sentence at a state prison near philadelphia. he had vowed to serve all 10 years rather than acknowledge any remorse over the 2004 encounter with accuser andrea. the trump and chief financial officer alan weisel berg will be indicted tomorrow. the attorney's office is to discharge the company and ceo with tax related crimes. these be the first criminal charges since an investigation began three years ago. the former president is not expected to be charged. president biden reportedly is planning an executive order that would rein in the power of big business. according to the wall street journal, the order would write regulators to tighten up oversight of industries they think are dominated by a small number of companies. the action would most likely be challenged

: hello, i am mark levin, this is "life, liberty and levin," a very important program, i am glad you are here, we pride ourselves in america of a nation of laws. we have this beautiful constitution of the united states we have something called due process. we have all kinds of systems in place to protect the individual. from government. a rogue government. what happen when that government becomes a criminal enterprise? what do i mean, what happens when a district attorney and a city, attorney general in a state, use their power to advance a political agenda. what happens when one individual to focused on a entire political party. we used to see that in china, but what if i tell you that shappening in the u.s. we pride ourselves after an election we don't chase down defeated candidates. we don't chase them down to punish them or destroy them to make sure they don't have a political career or any kind of career again. that what is happening to donald trump, it is receiving no -- the joke and corrupt media we have, don't give it fair coverage, i thought we would spend tonight s prog

mark: i am mark crumpton with bloomberg's first word news.u saw on bloomberg, president biden reached he reached a tentative deal with the group of democratic and republican senators on a bipartisan $559 billion infrastructure plan that would fulfill one of his top priorities. the president spoke to reporters after meeting with the senators at the white house. >> republicans and this group not want to go along with my family plan issues and child care tax credits and the human infrastructure i talked about. we will see what happens in the reconciliation bill in the budget process and if we can get compromise there. if we cannot, see if i can attract all the democrats. they are going to move on a dual track. mark: it marks a significant step forward in the effort to put together a picture of infrastructure spending that can draw enough votes from both parties to get through congress. how speaker pelosi says she will create a select committee to investigate the january 6 insurrection at the capitol after republicans blocked naming an independen

i am mark crumpton. this is numbered -- this is bloomberg. ♪ >> welcome to bloomberg: markets . >> welcome both our bloomberg and bnn audiences. these are the top stories we are following for you from around the world. we will discuss the latest on the bipartisan infrastructure deal that faces hurdles in congress as former transportation secretary rodney slater. plus an update on virgin galactic as shares soar following faa clearance for customer spaceflights. and canada pushes ahead with sports betting. the senate passes legislation that will legalize sports betting. we discussed that with a guest. amanda: we are watching, of course, the s&p 500 as it will trade to stay in positive territory and close at a new record. this is the best week stocks have seen since april. we have seen thin trading overall that it is still positive. you can see tech is showing up a little bit weaker but they are positive on the s&p. nike is one name jumping out. on that third quarter but also the upbeat outlook. it is hard

desantis: i think the mark i think people really getting fired up., that is part of it for some of the stuff that is happening locally with some of the coronavirus lockdowns and looking kids out of school. trying to get critical race theory into a lot of these classrooms and we seen school districts doing that a lot of parents are upset about it. so i think there's a whole bunch of things that are growing up there. i think it will be people on our side were going to be willing to walk over hot coals barefoot to be able to vote in midterm elections and not just for races like mine is governor but up and down the ballot for congress and for u.s. senate. mark: i think this could be an overwhelming electoral victory. for the republicans and certainly not the democrats in time will tell. governor desantis, thank you for all you do and think you for coming on. god bless you sir. desantis: god bless you mark. mark: we will be right back. get 1.9% apr financing on the 2021 rx 350. experience amazing at your lexus dealer. ♪ ♪ life can be a lot to handle. ♪thi

i'm our flag on a very good event. shows the flag with these look and it doesn't only stand for the i mark. it also represents all indigenous peoples the americas. whether or not it's good. did you write that down? very good. you can sit down. so what's new? that's just a bunch i'd like to try it on this one in this one. so m, again might fit me in my lastly such a nice pattern with sessions change so far and i have to go with this 1. 1 might be better, but the smaller one, the news leggings to fuel it ice pick yes. for sunscreen? yes it's in my back and we'll put him in a symptom in the 1st symptom of frost bite is when your fingers turn purple, then they go black. when they're black, there's nothing you can do. you go to the doctor to have it cut off because it's dead and they use when it's been snowing and you can see what's in front of you. your 1st step has to be very soft and then firmer. like this at high altitude, you might not for a cerebral edema and you could then lose consciousness or you might not be able to remember anything including your own name. you've never been on a pla

know the very good events shows the flag with these look it up, but it doesn't only stand for the i mark. it also represents all indigenous peoples in the americas. the web will good. did you write that down? very good. you can sit down. so no one knew, not just because i'd like to try it on this orange one in this one. so elegant might fit me. lastly, as such, a nice pattern sessions change so far and i have to go with the smaller one might be better because the smaller one the use leggings fuel, if i pick the sunscreen? yes, it's in my bag and me just put him in a symptom in the 1st symptom of frost bite is when your fingers turn purple, then they go black. when they're black, there's nothing you can do. you go to the doctor to have it cut off because it's dead where they use when it's been snowing and you can see what's in front of you. your 1st step has to be very soft and then firmer, like this. at high altitude, you might suffer a cerebral in the mail and you could then lose consciousness. well, you might not be able to remember anything, including your own name. you've never been

matt: i am hoping there is. marks interesting is the fact that the dollar looks like it is trying to bottom out. one of the things tying into that is the idea that we got really worried about this latest resurgence in the virus over the last month or so, but we now seem to be getting beyond that. vaccines are winning, don't get worried, we are on track to reopen. the world is reopening. we are seeing some of those markets that were theoretically most affected now start to weaken. the best example is the indian centex benchmark, which was rallying all the last month. it started rallying again up to record highs and now seems to be turning south as numbers improve. i wonder that with this idea that with the vaccine behind us, we will reopen quicker. that means a worse outlook for stocks, ironically. matt: i will tell you what else we have, if you type up fed on your bloomberg and click on events, today, we have speeches from harker, we have the beige book coming up, we have evans, bostic, robert kaplan, a ton of f

mark: wait a minute i thought we were defunding the police, in washington, d.c. rk: do we know exactly, what did nancy pelosi do and when did she do it, and other words 24 hours, 48 hours before, she is the king or the queen of the capital building, she is a speaker of the house, mcconnell is a republican leader we have no idea what either of these two did particular pelosi as speaker of the house to prepare this building and now she had the national guard four months and now she wants to massively increase spending on law enforcement although no other city should and then we have a right to know exactly what nancy pelosi did. >> we do but we will never know unfortunately as you know will never get to the bottom of it but another question why do they keep lying about what happened that day the events of january 6 were the worst attack on our democracy and civil war as joe biden says were comparable to 9/11 oklahoma city bombing like merrick garland has said why do they have to keep lying that five people or seven people as they said in the senate report were kille

name of our i'm our flag, very good event chose to fly these look and it doesn't only stand for the i mark. it also represents all indigenous peoples. the americans web are not good. did you write that down? very good. you can sit down so know what to do if that's not, i'm just bad. i'd like to try it on this orange one. this one so elegance that might fit me in my lastly because as such, a nice pattern sessions change so far and i have to go with this 11 might be better, a smaller one ah leggings to feel it vice pick yes. put sunscreen. yes. it's in my back in the me that's pretty much symptom of the 1st symptom of frostbite is when your fingers turn purple, then they go black. when they're black, there's nothing you can do. you go to the doctor to have it cut off because it's dead on me where it is when it's been snowing and you can see what's in front of you. your 1st step has to be very soft and then firmer. looks like this. at high altitude, you might suffer a cerebral edema and you could then lose consciousness or you might not be able to remember anything including your own name. yo

i think returning to the debt point. building used by cardinal mark. i think the church as a concrete structure of power, of organization and of doctrine. we should talk also about the doctrine of the church. this historic combination has come to an debt and, and i think it has to be changed. it has to died, maybe to, to live on. it has no future and the way it worked in the past. and i think this is the moment we are living. now, how does, how does the doctrine come in there? i mean, doctrine clearly says that the priest is someone whose service was flock. oh, this is what the doctrine says. change. yeah, i mentioned that i was abused because i was the catholic and we have investigated in australia also in germany and, and other ro commissions that there is a combination between sexual moral morality power. the whole thing of the sacrament of reconciliation, the understanding of sinful behavior. all this is doctrine, this is not and of of this belief. and the way how the church acts and the priest acted. and this leads to this catastrophe. so you can c

yeah, that's interesting mark. i want to go back to the question of voting rights, and i know your book is not out yet, but i i got a copy early. did you ordering it and i see it in their hands? so yeah, it's officially out the 30th, but if you order it now like on amazon, you'll get a cop. y so i was just leaving through it earlier today and i saw that you talk about lincoln and black voting rights and you alluded to it at the end of his life in your remarks today. can you talk a little bit about the transformation and lincoln's view of african-american voting rights from the 1830s or 40s into the 1860s? all right, the i know there was no colonization liberties. the 1830s is something else so lincoln and other wigs thought they might be able to outrace bait the democrats. and so they introduce resolutions, you know in the illinois house that contradicted martin van buren stance in the 1821 new york constitutional convention because new york was going from property rights. you know if you had certain i mean property

emily: i agree with you, mark. i think there was more flexibility than i expected from a company like apple. mark: absolutely. what this does not address, and i think this will be the bigger issue long-term, that people do not necessarily want to live in silicon valley as much as they used to. they have to address the idea of people working in other cities as well. i think they have been doing that i opening up more offices and places across the world. sophie: certainly -- emily: certainly issues that companies large and small are dealing with. thanks so much for your thoughts. we will continue to watch your reporting on this. meantime, apple is just one of the major u.s. tech companies facing a turning tide as companies work to change global taxation rules and cross-border profits. u.s. treasury secretary janet yellen reiterated the g7 tax commitment earlier. secretary yellen: the g7 has taken significant steps this weekend to end the existing harmful dynamic, making commitments today to provide tremendous momentum

i think it is more because of political reasons. >> -- mark: there have been two military coups in mali160 people killed this morning. i imagine that place on president macron's mind. >> absolutely. in chad, president macron but also the african union, have tried to be very -- tended to be very slow in their reaction. in mali, it is different because i think there were lots of disagreements between french and malian authorities for at least 18 months. i think that the malian authority had decided to go into a dialogue with some jihadi groups, and i think that french have always been opposed to such an option. the problem is that the new transitional authority continued to try to negotiate -- mark: and this is a major problem. >> and today, i think it has been the occasion which has been seized by the french president to finally make the disagreement public and to push the malian authority to have a more clearer approach, i would say. mark: it has been unpopular in france because of the loss of soldiers. it is hard to come to terms with. it is not the same, the number of people on the gr

mark: beautiful. i me over the airwaves, that is the man that needs to be your senator replacing john mccain but he didn't. sued city jasser -- zuhdi jasser, we appreciate it. keep at it. >>yo yes, sir. mark: we'll be right back. (other money manager) but you still sell investments that generate high commissions, right? (judith) no, we don't sell commission products. we're a fiduciary, obligated to act in our client's best interest. (other money manager) so when do you make more money? only when your clients make more money? (judith) yep, we do better when our clients do better. at fisher investments we're clearly different. [footsteps] so, are you gonna buy the car? please! if i could just go home, and discuss things with my wife- i've been here all weekend. you can leave anytime you want. no! ahhh! never go to a dealership again. well, that was painless. go to vroom.com, buy a car and we'll deliver it straight to you. why choose proven quality sleep from sleep number? because a good night's rest is wh

. ♪ ♪ ♪ ♪ >> i am mark crumpton with bloomberg's first word news. biden's aboard air force one on his way back to washington after meeting with russian president vladimir putin had an 18th-century lakeside via in geneva. the two men met for more than three hours, as shorter time than expected and then held separate news conferences. pres. biden: i did what i came to do. number one, identify areas of practical work that our two countries can do to advance mutual interests and also benefit the world. communicate directly, directly at the united states responding to action that -- and lay out our country pass priorities and values so we hurried straight for me. marco: president putin hailed president biden as a constructive and highly experienced leader, and mr. putin said that he believes that he and mr. biden were speaking the same language despite sharp disagreement on a variety of issues. he said the conversation was constructive and that mr. biden was "extremely experienced." the u.s. economy while on the way to a post voter recovery. janet yellen

i think returning to the debt point. building used by cardinal mark. i think the church as the concrete structure of power, of organization and of doctrine. we should talk also about the doctrine of the church. this historic combination has come to an debt and, and i think it has to be changed. it has to died, maybe to, to live on. it has no future and the way it worked in the past. and i think this is the moment we are living. now, how does, how does the doctrine come in there? i mean, doctrine clearly says that the priest, the someone who's service so this is what the doctrine says. change. yeah, i mentioned that i was abused because i was the catholic and we have investigated in australia also in germany and in the royal commissions that there is a combination between sexual moral morality power. the whole thing of the sacrament of reconciliation, the understanding of sinful behavior. all this is doctrine, this is not a live. don't be lation of, of this belief. and the way how the church acts and the priests acted. and this leads to this catastrophe.

i prefer you didn't. xiidra. not today, dry eye. markis my new book american marxism, it comes out in july i spend a lot of time thinking, researching and writing on the subject. one of the things that i've learned it is time to call these people what they are marxist american-style, what to i mean by that various movements in this country that have been spawned by marxism i proven in the book and demonstrated in the book we have things happening in our country that make no sense we call women bruising people were supposedly a white supremacist society 58 genders according to facebook, if entered your personally responsible for the hurricanes and oceans and earthquakes the war on private property and free speech in energy brainwashing our kids with racism and filth class warfare, open borders and the dismantling of citizenship the tierney of oppressed that is supposed to protect us from tierney the tierney of big media which is the surrogate of the iron fist of centralized government, where has all of this come from, how did it come to b

i was marked, i was keith, i would pick nod, can function so that that only station for my children i try to be strong. i we were the recipient. they're most private moments in their life often. and we as listeners had to be there for them. because we weren't just representing the commission, we were actually representing the hearing of the entire country. ah, well as a commissioner for the tristan reconciliation commission listening to the stories of residential school, survivors was difficult, emotionally, very challenging. but there is no doubt that when they cried often we did as commissioners, we always made it a point to repeat back to the survivors what it was that they had told us because we wanted them to know that we had heard them and that we believed them the boy. anything really the want to apologize to my father the for what i put the i could i could tell my grandchildren i could tell my great grandson the of the went with my own tailored. i kept it hurts. encourage leave the think both what i missed it was a very emotional, very emotional time because the more you got i

i am mark crumpton. this is a bloomberg. it >> -- >> i am mark miller. new yorkers head to the polls. we will discuss what the election means for the big apple's real estate market. plus we speak to the ceo of one of the world's largest institutional investors for their outlook on inflation and the markets. and we will discuss the outlook for specs as play studios go public via a reverse merger. they join us later this hour to talk more about this transaction. let's take first a quick look at what is going on in the markets. the s&p 500 is up .3% as the u.s. 10 year is pushing the yield down. the bloomberg dollar index is very little changed and newark crude is down $.38 a barrel. i did see bitcoin just move higher so we will continue to follow cryptocurrencies throughout the hour. month after lucked out, six of the world's key financial centers are struck to return to work. from new york to hong kong, the picture differs wildly. we are joined with a look at people going back to the office, or are they? >> looking broadly, visits to the workplace are 50%

i 'ust want to echo what mark said. won't stop. i just want to echo what mark said. n there. _ get these pieces of equipment in there, hopefully this law will come into fruition and we will not need to keep — into fruition and we will not need to keep pushing it any more. it is common— to keep pushing it any more. it is common sense. height is time people wake up _ common sense. height is time people wake up and _ common sense. height is time people wake up and realise that these pieces— wake up and realise that these pieces of— wake up and realise that these pieces of equipment needs to be in more _ pieces of equipment needs to be in more accessible places, especially the type _ more accessible places, especially the type of me and mark are talking about _ the type of me and mark are talking about. . ., ~ the type of me and mark are talking about. . ., ,, , ., , the type of me and mark are talking about. . ., ,. , ., , . about. charlie, thank you very much. lovely talking — about. charlie, thank you very much. lovely talking to _ about. charlie, thank you very much.

i am not sure. we could get surprises in both directions. mark: i think that the whole point of the new slight level of uncertainty, a massive change. it is only marginal terms we have gone from uncertainty to less than that. the impact for markets will be very large. we saw that yesterday. a couple speakers came out slightly more hawkish. we know that the core area of's -- is dovish. we are going to have this theme into next week as well of many fed speakers. i think people will continue to pass these as they recalibrate exactly where we are in terms of fed expectations and the inflation path going forward. markets have not yet seized on a new narrative. they are waiting to build into that new narrative in the weights market. anna: looking at chinese markets and what is going on in asia session, while you are busy working and i was getting ready. they are pretty flat. not staging very big moves even though we saw chinese authorities stepping up liquidity action in the market. some interpret that as a sign that they are maybe further away from an

i wonder how much markets will focus on this? mark: it is a great question. i do know markets, this is coming increasingly in focus. i'm not sure which way it is going to end up going. i think it is going to be very much regional geographic. the conversation is shifting so much. biden might be open to this idea, 15%, a compromise with the republicans. we did get a headline saying biden would comment on the jobs data. that also helps support risk assets. this morning, even more negative before that. i think the g7 next week will add more clarity. i expect this is going to ebb and flow for some time before it becomes a major market driver. there is so little priority at the moment. anna: let me ask you something else about commodities. we are talking a lot about commodity prices in the way up and way down. now we seem to have this divergence. copper prices dropping, while oil prices are back to that rally story. tapering in the mix as well. divergence within the commodity space. mark: i am not sure how long it is going to sustain. our colleague wrote an excellen

mark: wait a minute, wait a minute, wait a minute. iin the country. >> exactly. mark: so in washington, d.c. we are going to massively increase their budget? >> right. mark: do we know exactly -- what did nancy pelosi do and when did she do it? in other words, 24 hours before? 48 hours before? she is the king or the queen, if you will, of the capitol building. shea is the speaker of the house. mcconnell, too. he is the republican leader. we have no idea, really what either of these two did, particularly pelosi as the speaker of the house to prepare this building. and now show had the national guard there for months. now as you say she wants to massively increase spending on law enforcement although no other city should. don't we have a right to know exactly what nancy pelosi did? >> we do. but we never will know, unfortunately. as you know we will never get to the bottom of it but, another question, too, mark, is why do they keep lying about what happened that day, if the events of january 6th were the worst that's happened in our democ

mark: i am mark crumpton. donald trump will be allowed on facebook for two years.ech chain suspended the former president's accounts. this follows its investigation that concluded he stoked violence ahead of the deadly insurrection in january. mr. trump responded, calling it an insult. facebook plans to end the controversial policy championed by mark zuckerberg that he tempted politicians from rules that ban hate speech. president biden is crediting the vaccination campaign in the improvement in the may jobs report. employers added 559,000 jobs, and approval -- an improvement from april. >> progress that is pulling our economy out of the worst crisis in 100 years. as testament to the new strategy, not only growing yet but growing from the bottom up. mark: economist say the payroll add is modest, evidence that many companies

i am anna edwards. mark cudmore joins us from singapore to take us through the market action this hour. the cash trade is less than an hour away. here are your top headlines. president biden reaches a bipartisan infrastructure agreement with over $.5 trillion. the s&p and nasdaq hit new records. wall street's biggest lender's sale through the fed's stress test setting the stage for bumper buybacks and dividends. eu leaders relet -- reject calls to hold formal talks with vladimir putin, a rare public defeat for angela merkel i will could be her last summit. welcome to the european markets open. it is friday morning. it is 7:01 cure in london. mark is with us from singapore. what are these quite market sing to you? mark: they are quiet, but they are very happily quiet. it is a good tentative feeling out there in markets. nearly every equity index is stronger, most commodities are higher. we are seeing a risk on cents. it is a positive one because we are seeing u.s. yields stronger as well. this is risk on beca

i am mark crumpton. this is bloomberg. matt: it is 1:00 p.m. in new york, 1:00 a.m. in hong kong. i am matt miller. welcome to "bloomberg markets." here are the top stories we are following for you around the world today. yields take a dive. we will bring you the result in just a moment. plus, we are going to discuss the continued rise of meme stock with the former ceo of dominion. in this infrastructure talks break down in washington, we will get more perspective of what could be the biggest infrastructure package in decades with the former ceo of morgan stanley. we are finally seeing a little bit of traction to the upside with the s&p 500, rising 1% to 42%. the u.s. 10-year yield holding below 150, right now at 14924. we see a little but of a bounce in the bloomberg u.s. dollar index, just up a little bit to 11.18%, but interesting to see, and of course the inflation numbers allowed to point out for dollar investors. new york crude now down $.49 a barrel. let's get more reaction of what we saw in terms of the 10-year option right now. bloomberg's cross at reporter katie is with u

i marked that that was no longer in it. that manly statement, that stand against this great sin had been omitted. i wondered, no one else listening knew what almost could have been. why was it stricken? >> protests. protests of certain delegates from what with respect still -- we were drafting the declaration, what were still colonies. i almost hesitate to pronounce what colonies these delegates represented, because here we allow it to continue to fester. but the answer is simply, compromise. it was a compromise. as i mentioned, the constitution later followed in kind. you know, perhaps -- i realize your husband understands this, even the late joan hamilton understood this, dr. franklin understood it. he was nearly chairman of the committee to draft the declaration. he nearly took up the pen first. but it is still our declaration which president washington referred to as our promise which will remain through generations yet unborn, a representation of the rights of man given to man not by any government and not by any ruler

i was in boston and heard the declaration of independence read from the state house balcony and, i marked that that was no longer in it. that manly statement, that stand against this great season had been omitted and i wondered, no one else knew what almost could have been. >> why was it stricken? >> protest. protests have certain delegates from what we're instilled at the time we were trapped in the declaration. that we're still counting leans? i almost hesitate to printouts would comiskey the three presented because -- but the answer is simply compromise. it's compromise and as i mentioned, the constitution later followed. you know, perhaps and i realize your husband understands this. even the late general hamilton understood his. doctor franklin certainly understood it. he was named chairman. he nearly took up pen first. but it's still our declaration. which is excellent and president washington referred to as a promise. which will remain for generations yet unborn. representation of the alien appeal rights to man. not any rulebook. but provided each and every soul by nature and nature

�* , ,': i: , mark, how did we find out about this? , g; :: , , ., this?deadline _ this? just 30 minutes before the deadline for _ this? just 30 minutes before the deadline for this - this? just 30 minutes before i the deadline for this agreement expired, there was a statement issued by the centrist former broadcaster and former finance minister, he e—mailed the president of israel saying a coalition agreement had been reached, he said that this government will work to serve all the citizens of israel, including those who are not members of it, we will expect those who oppose it and do every thing in our power to unite all parts of israeli society. so the key points of that statement are that he would be prime ministers for two years before handing power to yair lapid, the ultimate p.m. to yair lapid, the ultimate pm. if you like from the 23rd of august 20 27th of august 2023. there are eight parties that have taken part in this agreement and it was just unveiling this incredible balancing act that they are going to have to meet. the president which protoc

i am anna edwards live in london. markudmore joins me in singapore to take us through the market action. here are your top headlines. johnson and biden put their brexit differences aside i had of the g7 summit. a covert outbreak in a cornish hotel is not derailing angela merkel's plans. a draft plan sees the richest countries pledging to support the energy transition in the world's poorest. u.s. consumer prices jumped the most in 13 years, gaining 5% from a year earlier. asian stocks are steady after a rally in treasuries. welcome to "bloomberg markets: european open." 7:00 a.m. in london, and not later than that in singapore. mark cudmore -- a little later than that in singapore. mark cudmore is here. good morning to you. mark: it's a liquidity party out there. low volatility, low yields, a slightly softer dollar means the general theme of this week is that traders are chasing carr y, chasing yield, and it's a risk on environment. the markets pretty quiet after that cpi data. there is not massive volumes coming there. is

i am mark crumpton. this is bloomberg. matt: 1:00 in p.m. in new york. i am matt miller. welcome to bloomberg markets. here are the top stories we're following for you. oil surges but investors worry opec-plus is too cautious on supply. we break down the plan to hike output in july and what it means for prices with a senior entity trader at cibc. huge price pressure is the housing market. we will discuss president biden's proposal to ease demand and increase supply. a new regime for global economic policy? we dive into the big k today. how the pandemic has led to new thinking on tackling economic recoveries after big busts. let's check on what is going on. not a lot of movement in equity indexes although they are hovering near all-time highs. not they are on the stoxx 600 europe. -- not on the s&p but on the stoxx 600 in europe. crude up to percent and change. -- crude up 2% and change. brent crude goes up or $70. amc currently up 20%. 230 million shares from amc bought at $27 and change a piece. they already said, or it has been reported, that they have sold those shares

mark polymer. a palace is a retired c i a officer mark. i'm just going to ask you very pass the question straight off. what are your injuries? tell us where your head? well, thanks for being here. i think it's really important that you know, i get a chance to tell my story. you know, my injuries right now are, are a headache that hasn't gone away for 3 plus years. pretty extraordinary chronic pain. but i've developed ever since that 1st terrible incident in moscow in december of 2017. but this is chronic pain that never goes away. you know, it's a quandary. it's also caused some mental health concerns for me. but boy, it's been a long journey and it's just, you know, 247 a headache never left up. what happened to mark? so i woke up, 1st of all, i was actually with a routine business trip. i was a senior intelligence officer. i was going to visit our embassy in moscow, and i also had scheduled meetings with russian government officials. you know, even though you know, religions might not be great between the us and russia, just like in the c

larry: i just see them i maybe wrong, mark and i hope i am wrong.t saying i fear they are going to use fannie and freddie as a kind of milking cow, get that money in, and put it into a lot of these kind of affordability, i call them woke housing policies, end zoning in the suburbs, it's just not good, and the country should thank you, because you were trying to push away from that, and some day those two agencies will be private because we don't need more fannies. we don't need more freddies. we don't even need more infrastructure banks do we, mark >> i really agree with you. we need to get these companies acting like normal companies again. let me say, this is why it was so important when congress setup fhfa that congress wanted this to be an independent agency to take it out of the political system. i'll remind you when this was setup as an independent agency, then senators biden, senator obama, they voted for this to be an independent agency. they said at the time they wanted to see this side of politics. i want to see this agency taken out of po

mark: i want to follow up on that.s the market going to deal with the idea of iran's oil supply coming fully back to the market later this year as people think might happen? anthony: we saw a knee-jerk reaction last month when it looked good, the prospects looked good for iran. so we probably would see something like that. however, some are saying that largely the iranian return is priced in, in a sense that we might see knee-jerk reactions around the news headlines, but oil will revert back to where it is going. it looks like the return of iran will be a little later this year because of the nuclear talks going on in the un which adjourned, and the talks out of tehran. they hoped to have a deal by august, which is when the administration leaves office, rather than earlier efforts to reach a deal by june, which is when we have upcoming iranian elections earlier this month. that pushes back the timeline and we are looking at oil coming back to the market in the fourth quarter. around october, according to some economist

mark, i want to go to you on this. a lot of terms have been introduced in the lexicon, gammas, all this sort of stuff. not just short squeezes but they're doing a lot of other things. are they rewriting the ruse for investing? >> i think in the short run they are. this is absolutely incredible. charles, you're seeing that the little guy has a lot more power than anyone ever gave them credit for. like gungin said, they are a lot smarter than anyone gave them credit for. here is the thing, charles, the strategy is telegraphed. we know where they hit the heavily-shorted stocks, not a lot of volume. we know the playbook. the opponents know the playbook. if you're a football team you continue tell the other team your running back runs it up the middle, play after after play, after play. as long as the defense may have as prevent defense they will pick up yards. at some point they will put a linebacker at line of scrimmage. enjoy it. don't be overly greedy here. charles: i love that analogy, in a sense earl campbell, favorit