let's talk a little more about the second half with chrisina hooper, global market strategist at invesco. good to see you, christina. welcome back. >> good to see u. thank you. >> will the second half of the year be marked by the type of disruption and olatility that's been characteristic of the first half? >> absolutely. i thinke't's very likely going to see that because we have the same drivers in place. specifically monetary policy is being unwound. and this isn't just ordinary monetar t policy,s is experimental monetary policy. so unwinding is an experiment in and of itself. what i think is going to happen is we'll seed continue normalization of capital markets as we normalize that monetary policy. >> you also se higher prices, you see a little slower growth. is it enough that you would tl investors to start thinking about investing in traditional inflation hedges? >> traditional inflation hedges hould always be part of an investor's portfolio. so if it isn't, they should include it in there. there is a wide array of options from commodies to nflation securitie to income-producing ar

with me is arnab das, global market strategist at invesco asset management. good morning. here. paul started there by saying that investors around the world are scratching their heads. are you? with president trump, i am always scratching my head. i could hardly help that. i do think that there is something interesting, something interesting happening which has happened before, a very strong and new york approach, quite loud rhetoric and noise and then a toning down. not necessarily a change in the underlying object all the means. but, like with the te, that company where they went hard and fast and then stepped back. —— zte. where they went hard and fast and then stepped back. -- zt e. they did not step back because they almost offered to rescue a. as a consequence of the us actions it was looking at many job consequence of the us actions it was looking at manyjob losses and it suddenly became an issue and donald trump was coming to the rescue at one point. as a result of personal dialogue and the chinese president. having said that, this issue of trade tension, and the u

angela merkel is trying to push the invesco diplomacy forward after the g7 summit, saying she supports the idea of a summit between president trump and vladimir putin. she told german tv that the president was not entirely wrong and present germany to increase defense spending. a new survey protect the federal rvwill not speed up the pace of interest rate hikes this year. according to a bloomberg poll, the portion of those expecting at least three more rate increases this week dropped slightly for march. the median estimate is for two more increases, matching the fed's addiction. a cryptocurrency exchange hack and south korea has made the bitcoin slump even worse. there was a selloff this friday. system korean exchange of its digital currency appears to have been stolen by hackers. global news 24 hours a day on air and on tictoc on twitter, powered by more than 2700 journalists and analysts in over 120 countries. i am kailey leinz. this is bloomberg. vonnie: thank you. we're getting a headline crossing now. the voter purge efforts by backed by then u.s. supreme court. once again, the v

ties to china and other things that you mentioned and other stock that he still holds investment, invesco well as bancorp, they have not responded to requests from comment but we should expect to hear from the secretary on those. >> we should continue to ask questions, while wilbur ross said it's been approved by the office of ethics, what we don't know is that the office of ethics actually understood the level of detail or specifically what he was doing. thigh thought, brother, please. kayla, thank you so much. we're going to take a turn now. we've got to go back to this zero tolerance policy. and the uproar. despite all of that, migrants are still making an attempt to cross into the united states. and many asking why. you know who knows why, gabe gutierrez who joins me across the border from brownsville, texas. gabe, talk to me where you are and what you're seeing. when i've spoken to local pastors, they say, listen, they're the ones that decided to make this journey. tell me where they are, before they cross. >> reporter: well, many of them are coming from central america, stephanie, t

had until may 28th, and then september 25th, to divest of all shares in a company called -- all his invescores. he signed a document saying they were -- the sales had been the had been completed. then on december 21st, he had another two statements declaring sales of $5 million and $25 million. what does this all mean? >> so what it looks like is he told the office of government ethics is he told them he had done what he promised to do, that was to get rid of these investments. he signed a form saying he had done that. and then six weeks later, he goes and sells more of them, meaning that he had, in fact, held on to them. he hadn't gotten rid of them when he said that he had. now, if he knew when he signed that form saying he had gotten rid of all those shares, if he knew he hadn't, that's not just an ethics problem, that's a criminal offense. >> so like a lot of other people in this administration who made statements and then subsequently corrected those statements, ross denies any wrongdoing. he says he was unaware of his final holdings. he's a pretty rich guy. is that possible? is that l

korea well they didn't do too well against bosnia and herzegovina they actually lost three one at invesco grabbing a hat trick in that game to miss it take on turkey lace while egypt play colombia and then what really should be a world cup semifinal france play italy remember that italy of course failed to qualify for this year's tournament in russia and france are hoping they can return to the glory days of nineteen ninety eight when they won the world cup they have australia peru and denmark in their group but while they're meant to be focusing on their preparations there was much talk on thursday about sin it seems a done taking over as head coach of the france national team he stepped down from coaching real madrid on thursday and even the current french coach did it is shown expect sudan to take a take over libya in the future. but. i don't know what he's done decided i think for now he wants to enjoy the rest of his family and loved ones as i have already said he will certainly be the friends had gone when i can say it seems logical to me it will happen when it happens. england's cr

and media one that is probably the close toast wh we think of as old and new media combined is the invescoic media portfolio. it is up today a lot of these stocks are moving to the upside. these would be more like the sellers. twitter, alphabet, sirius, fox and facebook, are the top five holdings here. i think when you look at the performance year to date it's up 4.3%, it really is twitter and alphabet google's parent that has probably been driving. you want to go somewhere else it's going to be more looking like the traditional telecom area, the vanguard communications services sector fund verizon and at&t just dominated. it's just about alst half of the fund that's going to be the case for a when we still have the telecommunications services sector of the s&p. another one that basically captures that with cisco interestingly is the top holding yz, that's the i shares u.s. telecom fund. what's fascinating is you're going to have perceived buyers and sellers in either one of these, but we are getting the shift. i keep talking about s&p will reshuffle the sectors and there will be a communi

here's strength elgs where the invesco dynamics fund.uantitative model for selecting software stocks. it's up some 25% year to date just behind the collective faang returns. biggest names here, adobe, sales force, intuit. those together, 25% of this. so you see that real acceleration toward the right of the chart shows you the momentum there. also other internet outside of faang. the spdr internet is equal weighted this tells you it's not just those very dominant big tech platforms driving it this is an equal-weighted portfolio. mule soft has been -- that's being acquired by sales force. about 40% is software and services also owns box, etsy and the like small caps have not been able to keep up in the technology area but look at s&p 600 technology sector fund. it's 30% semis, 26% software it's up roughly about what the nasdaq 100 is. so that technology, people have been grasping for everything technology fdn, dow jones internet etf index. i use this as a faang proxy. this is basically people talking about with this group, 26% year to dat

david apol urging them to investigate if ross made false statements about the investing the firm in invescoan before taking office in the trump administration. crew's executive director and board chair also asked for an investigation of his october 2017 sale of a shares in navigator holdings, a shipping firm that did business with a russian energy company whose director included russian oligarchs subject to u.s. sanctions. we have kola from atlanta. caller: good morning. how are you? host: what the you want to talk about today? caller: your comments -- your last comments on the last caller is that why are republicans complaining? whatever is happening in this country is what the republicans are reaping and encouraging. is this the america i have known in the 50 years i have been here? the commerce secretary, these people that trump put in his cabinet, are just enriching themselves. people are dying. children are being imprisoned. the republicans -- true? i watch you want television every day when you make your comments on programs. ryan, do these people have any decency? host: we have break