i am john holland and -- john hyland, and this is bloomberg. amber: welcome to bloomberg markets. >> we are seeing green on the screen. the s&p 500 is flying. the bond market is also having some interesting moves. a little bit of volatility. down only about two basis points. 371 on the 10 year yield. the dollar does follow, dare i say tick by tick. now weaker by about .3%. weakness is not translating into strength for the commodities space. you are seeing crude trading, down about 4% on the day. >> there are some stock specifics that we have our eyes on. sales are moving higher after announcing they will be cutting the workforce by 10%. a company like microsoft is a laggard on the dow because they downgraded, concerned about growth in the cloud business. alibaba is the poster child for texturing right now. it looks like china is giving the green light to go out and raise money. taking off the regulatory shackles. today is day one for ge healthcare. initial trading, they were received pretty favorably. >> it still comes down to the earnings stor

john holland has more now from mexico city. they've been sort of rampaging a bit around a pool to prince in general. and when i say police, i should say at people that are in police uniforms, i was speaking to a journalist in haiti, not that long ago. and he was explaining to me that there's actually quite a movement confront him 505 of ex police, 4 officers, eva resigned, retired or fired. that also go out on the streets and demonstrate sometimes violently for the rights of current police officers. so we're seeing a lot of people in police uniforms on the street. they've been barricading you using tires using trucks. plain maker boeing has pleaded not guilty in a u. s. a court to charges of fraud related to 2 crushes of its 737 max jets. the firm is accused of a hiding design flaws, an aircraft which caused the crashes in 2018 in 201-9346 people were killed. the u. s. has confirmed the killing of a senior i still leader by its special forces without alex who darney was killed along with 10 fighters at an undisclosed location i

john, veronica clark can frame for us the citigroup conundrum which, i believe is mr. hollandurst discussing 50 or 25 basis points. jonathan: veronica, thank you for being with us. have been leaning towards his ideal we get another 50 basis point move. doug challenged do you think the view is that the incoming information? veronica: it was a close call going back a week ago. certainly what we have heard from ever sense. i do think the market could be under appreciating the chance the fed would undergo. i think the fed is misinterpreting -- the market is misinterpreting the fed's commitment. tom: we are all slaves to the data. every fed, every history is data dependent. you guys got out front of this in the data has backed up to citigroup. what is the data that matters to you. less to february 1 and much more to look onto what we see may 3 or june 14? veronica: the most important data is still inflation data. i would bundle on with that wage data. maybe we have seen some signs that are slowing but you saw such a tightening market that i would not expect wages slowing back to so