ian shepherdson, you say to yourself, essentially the october 28 election. ill be the mood going into the ballot boxes. ian: that will be ok. we had a terrible first quarter. the fed does not believe it. they said so in the minutes early this week. absolutely. i do not believe those numbers. what is going to happen in the second and third quarter will be a rebound. see probably. accelerating wage gains and probably a lower on a planet if -- lower unemployment rate. if we were fighting the selection on the headline economic embers, clinton would be issuea shoe-in. but we're not. we have not had an election fought on that basis in the u.s. as far as i can remember. it has always about the unemployment. it is not anymore. you can have millions of people feel dispossessed. those people have been energized by sanders and trump. francine: i guess it goes back to the fact it was so difficult to predict the rise of donald trump, because on the face of it, economically, the u.s. is not doing badly at all. wages are picking up. that is the inequality problem. kit: it h

that is ian shepherdson. thank you for being with us.nie: up next, a relief package that greece will get. coming up, wilbur ross joins on said. find out if his multibillion-dollar bet on greece is about to pay off. that's next on go. ♪ jonathan: this is bloomberg . i'm jonathan ferro. greece will receive $11.5 billion in aid after an agreement is reached in brussels. the 10 year yield dropping below 7% for the first time since november. us forross is here with the next hour and we will start with european banks. welcome to the program. let's start with greek banks. >> i think this is a very positive development. it diverts any danger of immediate default on the greek national debt. will eventually win its war and greece will get the kind of debt relief that it really needs. i think the imf has been right to hold out for that. also the greek banks need to raise more capital because of the increasing mp -- do you think they have to raise more capital? really don't think so. they raised more than they needed to the last time around. the