we spoke to reporter jeanna smiaklek for more.a: one of the stories that really stuck out to me was about a girl name terry collins. she is in her early 30's. she was in new york city, and she really had this classic aory of growing up in situation that might have been opportunity restricting. thewas born in flatbush in 1990's, so it was not the worst place in the world, but she remembers hearing gunshots and having crime in her neighborhood.and she really wanted to get out of there. her mom was unemployed a lot when she was younger. they lived on their grandmother's pension. her mother encouraged her to make more of herself and move on up the income ladder. excelled in school, made a real effort to do that, ended up getting a scholarship and studying in upstate new york. but while she was in college, her mom died and she ended up completely alone. graduated, had a degree in english. it was 2011, the economy was bad, and she had to settle for whatever she could take. familialith out any backing. she found herself working in sales.

the jeanna smialek is here with more.se or not, that is a subjective monitor or what the president is tweeting. how likely is the president to get his wish for a weaker dollar? >> based on the analysis we are hearing, based on the story my colleague wrote today, not likely. u.s. growth looks much stronger and the data looks much stronger than what we are seeing globally, which should speak to a stronger dollar. the thing that could weaken the dollar, would make president trump and jay powell happy, because that would be a starter performance in europe, china, in these places abroad that are really imperiling the global economic outlook. if you see the slow down take hold in germany, china turnaround, you could see a slightly weaker dollar, and everyone would be happy about that. vonnie: how does the federal reserve have any role in this? it stays away from currency talk, but would like a weaker dollar, too? lead toate increases do a stronger dollar, all the sequel. it is interesting and you pointed out, this criticism is

jeanna: there's been an interesting trend you've seen globally. it's not just a dollar story.ou can talk about what people thought about interest rates and deficits. the used to be in unimpeachable japan,hat -- look at they have been running an extreme he hide debt to gdp ratio and they have essentially no inflation, and that is the problem. think a lot of these tried and true relationships are sort of under the gun right now. people are thinking about them in ways that have not been done in quite some time. caroline: the world has turned upside down. we thank you both. let's look at what is happening to salesforce. more updates to their overall forecast. they seem to be saying they set inong-term revenue goal 2023. shares continue to be underperforming after-hours by 2.5%, coming off those lows, they were down as much as 4% at one point. storye: this was a growth along with the rest of that sector. it is value, i guess. caroline: this is bloomberg. ♪ caroline: let's look at what stories are trending across the universe. amazon is trying to persuade jeff bezos to provide backu

jeanna: one of the studies are referenced comes out of the international monetary fund.y find that in these places we are talking about, with low economic mobility and high economic inequality, you see lower growth. those things paired together seem to hurt the country's potential. the idea is that if you have a lot of kids who might be really innately talented, who are born at the bottom of the income scale and they don't have the access to opportunity, you might see a real loss of talent. you're not tapping all of your potential. this plays out on the road. you see the growth get mired in the mud. carol: also in the inequality of issue, the old boys of lloyd. jason: we're talking about the london, a bigf insurance market. carol: they still do business the old-fashioned way, face to face dealmaking, pen and paper. jason: it bloomberg businessweek investigation uncovered a deep-seated culture of sexual misconduct and an atmosphere of relentless harassment. here's reporter gavin finch. >> the last several months, i've spoken to 18 women who work at lloyds and the wider in

jeanna: the watchtower markets reacted to that in december.he fed had previously been rolling its balance sheet off at its predetermined course. they changed their minds on that. they will start tapering that off later in the spring. by the end of september we will be done tapering off, done rolling off the balance sheet. holding steady in letting the reserves come down a look at more. alix: thank you very much. prompted-turn policy scott meyer to what about risk of economic shocks. >> i'm surprised here. the role of the fed, the federal reserve, to take a punch bowl away as the party is getting going. they basically have returned the punch bowl. they are encouraging everybody to have a drink. i think they have swung a little too far. alix: joining us now is ira jersey and then mindel. mendel.ben >> the idea that the fed will be on hold maybe forever. that is one of the reasons you can get a flattening. as the economy progresses and , we canificantly better wind up with a steeper yield curve and maybe 10-year curves in particular moving back u