we have been doing this forever, james sweeney. you have bill gross coming on at 8:30 a.m. price down? james: yeah, th ribbone chart. most economists are putting a fed hike. we think december, some people early next year. the market is later. the market is still saying wait a little bit longer. i actually think farther out in the curve. investors are not being compensated. i think global growth with inflation rising, you cannot see higher, longer-term interest rates. shorter-term will move up gingerly. tom: gingerly, and we go to carl riccadonna. is mr. cohn going to take a victory lap on the white house lawn today? will he come out and say, "we made it!" carl: i think part of his job is to be an economic she later, so they will find some corner that looks good, whether it is the diffusion index. it could be an improvement in average hourly earnings. it will come from the payroll gain because august to come in. tom: i love gary cohn. stay with us, everybody. david gura. we have bloomberg radio with bill gross it on television as well. this is bloomberg. ♪ so we need tablets

tom: i interviewed james sweeney there, and he has children that need to be fed.is my question. how does this also follow the mifid guidelines? how do they provide it for free? i don't know how that works. they will set an interesting model. tom: can we go longer? i think this is absolutely critical. do you end up talking to only five big firms or do you go back to boutiques? two was designed as an investment to trade. we don't trade unless we think we think we're going to make money for our clients because the performance pressure is such. i think you will see higher quality research produced internally and externally, and the weekends will not be with us. -- weak hands will not be with us. tom: lisa abramowicz, andrew chorlton, thank you for joining us. david riley in london. thank you for joining us. we never see each other. people think we do. we sort of like go down the hall. ♪ york, that does it for us. we will see you next friday. jonathan ferro. "bloomberg real yield." ♪ >> it's 12:30 p.m. in new york, 5:30 p.m. in london. i am vonnie quinn. welcome to "bl

james sweeney of credit suisse and james -- ian harnett, thank you for being here.his hour, stephen ross. he has just completed nearly $4 billion in the financing of his next project, and has a big announcement to make right here with us. live from new york, this is bloomberg. ♪ ♪ emma: this is bloomberg daybreak, i am emma chandra. , ceo ofp, tim cook apple, live from the bloomberg global business forum. this is bloomberg. today we are live from the bloomberg global business forum in new york, speaking with world leaders, global ceos, and business titans. ahead of the forum francine lacqua sat down with michael bloomberg and they talked about the importance of bringing together leaders of industry right now. we have 55 heads of state, 250 odd leaders, captains of industry if you will. they will get ideas, build relationships. i do not know whether there will be a deal of, will you buy my company or my whole country? that will not happen. you can see a lot of people that you would not otherwise see. i will pick up the phone, call them, and go see them, except a lot

tom: but i interviewed james sweeney there, head of global economics and i believe mr. children that need to be fed. how does this work? lisa: that is my questions, because how does this follow the mifid guidelines? restrict out to the function of providing research from trading profits how do they provide it for free? , i don't know how that works. but they will set an interesting model here. tom: can we go longer? andrew, i think this is absolutely critical. do you end up talking to only five big firms, or is this good for the boutiques? andrew: if you go back to why mifid ii is happening, it was designed as an inducement to trade. -- because there is a perception that research is inducement to trade. i question whether the people that have that assumption have managed money before, because we don't trade unless we think we think we're going to make money for our clients because the performance pressure is such. i think you will just see higher quality research produced both internally and externally, and the weak hands will not be with us. tom: thank you so much, dav

sweeney>"all of those charged today contributed to pay to play culture that has no business in college basketball." it looks like the lebron jamesonaccording to reports 12- time nba all-star wade plans to sign with the cleveland cavaliers once he clears waivers tomorowwade agreed to a contract buyout with the chicago bulls sunday will sign a one-year, $2.3 million veterans minimum deal with clevelandan interesting sidebar is as soon as wade was bought out by the bulls the warriors called to inquire about aquiring him but reportedly not enough playing time was a concern for him with golden state.clevland will be going for their 4th straight finals appearance since james returned but will have to do it without kyrie irving who was traded to the celtics for isiah thomas it doesn't get any easier for the raiders as they travel to denver to take on the broncos sundayhere is defensive back david amerson on the rivalry "denver is always a big week here in oakland. not ony with them being a divisional opponent, but with the history of oakland and denver going against each other. so you know it's always a game that the tea