jean-claude trichet with us at 7:00 a.m. ning, a very important discussion with the second president of the european central bank. of course, now mario draghi, and yes, we'll ask jean-claude trichet about what he didn't do, which is growth policies in europe. that is front and center. markets have cleared, and with it, one way or the other, julian emanuel suggests a temperature of the global and u.s. porridge is just right. goldilocks would know, a goldilocks market. victor, wander in here. let's look at the porridge heating up. this is the ruble off the ukraine election. this has happened just as scarlet fu gave top headlines. that's a ruble 42, and it's one of those tea leaves of the economist magazine with a canary laying on its back. how many canaries are in the coal mine right now? >> most of them are outside in ukraine, russia, even in brazil. that chart of sub-growth g.d.p. , it's what's bothering u.s. stocks at the moment. >> is there a canary in the u.s. equity markets? >> at the moment, there really sent. >> i agree

president jean-claude trichet. and i quit. we consider the quit rate. good morning, everyone.oomberg surveillance." we're live from our world headquarters in new york. it is monday, october 27. i'm tom keene. joining me is scarlet fu and brendan greeley. right now let's get to our top headlines. here is scarlet fu. >> in brazil, the president promising great changes after winning a second term. she was re-elected with 52% of the vote, defeating the opposition candidate. rousseff says the challenge of pulling the country out of recession and slowing down inflation that is above the central bank's target. investors are skeptical. brazil's stock fell 7% last week on speculation she would be re-elected. in ukraine, they easily defe

in the summer 2011, jean-claude trichet, bought sovereign debt, he bought greek debt, he bought italian debt. but are we going to get to that point again. >> if you believe consensus, all right, consensus is what should they be doing. they shouldn't be so fiscally austere, they should be more aggressive monetary policy and there should be more structure reform. we have been waiting for more structural reform for some time. that is never going to happen. >> we've been waiting for it here today. the worry that it was going to be inflation in the basement of the currency was the negative effects of qe would be among the other -- now i think it's >> pan. if with he stay with japan and inflation -- well, i right now, europe is going to get closer, right? >> we have clay feet. this guy said it would be insane to raise rates in 2002. >> he has to be an outlier. >> i don't know. i don't know. they're all significant around, all these burrow accurates sitting in a closed room. >> the idea comes from the sense that the u.s. economy is better than europe. >> but they don't seem to believe it. >> n