jonathan: john williams and michael mckee, john williams already set us up for something intuitive whichsically inflation coming down, what they don't wise for real rates to go higher. they don't want policy to become more restrictive, they want to maintain restrictiveness. he has talked about this on the record. i find mike's approach more because the optics of the conversation are counterproductive. in this point, of the efforts to get inflation down, you don't want anybody talking about rate cuts and john williams has gone there. i think mike mckee will have a play around with that conversation. tom: i like to see if he reaffirms if we go back to a low r-star which is his territory and that will be something. we will see this this afternoon. michael mckee in conversation with the gentleman from the new york fed. the gentleman from emerging markets, damian sassower, is here and the mr. you have about china, about japan at the e.m., 147-140 eight on e.m. in yen and we will go more walk. we will talk about what matters, to me what matters is the real rates in the united states, 1.9 seven

my final question yesterday of state street was on john williams. esponses. you went all out on on way -- on williams and saying go for 2% up to something higher, under 3%. how does our world change if we get a new interest rate regime out there somewhere? >> the important implication is that the cost of capital will be higher. it will be higher for companies and the cost of borrowing for consumers will be higher and all that will imply we're going to have more of a significant impact at least in the midterm of consumption and corporate spending. tom: do we see asset price reduction because they got yield up and price down? >> if you change the risk-free rate and you permanently increase that for whatever reason, whatever it might be, if you have the discount rate going up in any finance model, your textbook will tell you that risky assets will become less attractive. lisa: this has been a fascinating week. we've seen the fastest pace of issuance when it comes to investment grade bonds. the third busiest post labor day couple of sessions going back t

vonnie: new york fed president john williams speaking exclusively to bloomberg.ring in our next guest, keith buchanan, portfolio manager at globalt investments. i know you are anticipating rates will stay higher for longer. just curious as to how long you expect rates to stay high for, particularly given what we just heard from john williams there. keith: thank you for having me. our work has led us to think the labor markets, the consumer resilience, as well as oil moving back to $80 on crude, wti, the environment is percolating some small green shoots of resurgence in inflation in a way we feel will keep policymakers across the world a little more uncomfortable perhaps than we have been anticipating over the past few months. the fed futures market is pricing in four or five cuts next year. we have long held an opinion, we think it is still premature now, considering how sticky this inflation seems to be. we have gotten it down to 3.5%, 4% consistently. 2% might prove to be more tenuous for us. vonnie: we obviously started to see a bit of a selloff. is that just

following up on nick's question actually, john williams, the new york fed president obviously has said things to the effect much next year as we see inflation kind of again to nick's point, as we see inflation coming down we're going to need to reduce interest rates to make sure we don't squeeze the economy harder and harder over time and i wonder if that is basically the logic you apply? is that how you think about it? i also wonderer in the last press conference you said something to the effect it is full year out those discussions and people interpreted that to mean you didn't see a possibility of a rate cut in the first half of next year and i wonder if that is what you meant by that or whether, how you're they have about that timing? >> so when i answer these questions about hypotheticals about cutting i'm never intending to send a signal about timing. i'm just answering them as the question is expressed. please i wouldn't want -- sorry first question is that how -- as we go into next year that is the question we'll be asking, taking into account lags and everything else we know a

later today john williams will sit down with michael mckee mckee at the bloomberg markets forum.will be live across all of our bloomberg that forms at 8:30 u.k. time. coming up, south korean chipmaker huawei is looking at the use of its components in the latest -- south korean chipmaker, hynix, is looking at the use of its components in the latest huawei phone. this is bloomberg. ♪ dani: bank of england governor bailey says u.k. interest rates are near the top of the cycle, with inflation to fall further this year. he signaled how fuel prices could play into the inflation picture. >> inflation is coming down. our forecast is performing better. it is, i should say, possible that we will get a tick up because fuel prices went down in august last year, and up a bit this year. dani: joining us is lizzy burden. it seems like a hot potato to suggest they are done hiking rates. he did this in january, it did not go well and they have a decision. lizzy: this is a dovish tilt from andrew bailey. you talked about what a day it was for the rest of the world but two year yields decline three

meanwhile new york fed president john williams says monetary policy is a good place and all talks of recession have vanished. this is were walking the markets down but sitting close to ten month highs. crude slightly higher. european markets are in the red, the cac 40, the docs are down. in asia overnight the hang seng actually closed for a holiday as you can see here, then president biden on a campaign add clips while he tries to convince the g20 summit that the u.s. remains a trustworthy alternative to china, there are new poles spelling bad news for the president as hypothetical. >> enter matchups shows losing to every gop contender except one that is not donald trump. stand by for that. joy to the conversation "fox & friends" cohost todd piro and paying capital management president ryan payne. "mornings with maria" is live right now. ♪. cheryl: it is time for the hot topic of the hour. vice president kamala harris insisting that she and president biden will prevail in 2024. watch. >> we will win the election. we will win the reelection. there is too much at stake in the murky peo

in 2016 , john william ashe, former chairman of the un general assembly, accidentally dropped a barbells neck. he was supposed to testify about illegal financing of hillary clinton's election campaign. journalist victor thorne, the author of exposé books about the connections, was later found shot dead. clintons with drug trafficking arms, verdict investigators commit suicide again, and so on. to date, 47 people from the clinton clan have died of unnatural causes. but something else seems important to me here: one of the latest victims is billionaire jeffrey epstein, who was accused of trafficking... in underage girls for high-ranking persons. he was arrested on july 6, 2019, on charges of trafficking in minors, and on august 10 , 2019, he was found dead in his cell, and for some strange circumstance, the video cameras were not working at that time. time, there was no security, no one saw anything, it just happened somehow, it just happened, it happened exactly on the eve of how he was supposed to testify in court, and who was on epstein’s list from those who visited his island in the c

jon: just going back to your conversation this week with john williams, the messaging from here will be very interesting from central banks, whether it is here in canada or the head of the new york fed. the idea of monetary policy being in the right place. how are we supposed to interpret what that means going forward? michael: i think they want some confusion, jon. they are telling people they are in restrictive territory but they do not know how restrictive. they will watch the data and decide if any to go another 25 basis points. the ambiguity they are leaving is deliberate. they do not want the markets to think they are done and then start pricing in cuts. the bank of canada found out when you have to go back in that you surprised the markets and that does not work out well. they are trying to hint at what they are going to do without committing to anything. they seem to be a little ambiguous in what they are saying. jon: the fact that we know what they will do before they do it, does that make a monetary policy transmission a shorter lag than the 18 months to two years that is t

if you add the headline we just got from john williams where he basically said, quite different fromhat the fomc said at the last meeting, basically saying at a speech in long island, maybe we are at the peak in rates. remember, the fed said at the last meeting, we will need another hike this year. maybe, even the fed is getting to signal they are worried about this spike we are seeing in rates at the moment. so, i agree with what you are saying, matt,. it is unusual. maybe markets are just not paying too much attention because they think it will soon be over. but as we know from the last shutdown, if it lasts more than one month, it could certainly have other ripple effects. the most important ripple effect might be people will begin to hold back on consumption. a lot of things will be shut down not only on the data side. that will have negative consequences. if i do not go for lunch because i am a government worker for the next several weeks, we will not get that gdp back on a number of different fronts. the bottom line here question is, there is still uncertainty added to little w

. >>> we have some breaking headlines from the fed's john williams. steve liesman, what do we know? >> we're hearing, john, the new york fed president in his speech says that we are at or near the peak level of the target range for the federal funds rate. it's a touch dovish, it leaves open the possibility of another quarter but also the possibility that it actually doesn't happen. he does go on to say before you get too happy that they need to maintain a restrictive stance, quote, for some time. monetary policy says it's going to take time to fully work through the economy and into inflation, that's a sign that he's on the camp that says there's still lags to come from the hikes they have had already. still have a ways to go he says to fully restore price stability and there's that comment, he says inflation is still too high. supply chain bottlenecks have improved dramatically which has helped goods inflation, shelter and core services inflation he says is coming down gradually and he expects further declines in that sector of the economy. numerous signs the labor market is coming

we hear from the new york fed president, john williams.peaking to bloomberg, hosting a panel. if there is any nuance that the fed wants to tell the market before this blackout time begins, it will be this week. did they possibly concede see the pause is on the cards? did they finally admit that? or do they keep this threat of an additional rate hike very much on the table? speaking of additional threat rate hikes from the ecb, she speaks at 2:30 p.m.. the ecb has been a bit more hawkish. -- maybe she's sounds a bit more in her speech. chris valerie, thank you so much. thank you for all of that. let's take a look at futures. as we mentioned, a steady s&p 500 index had his best week last week. the u.s. is on a holiday today. that is for the start of the first full week of september. let's take a look at oil. we mentioned how oil has been moving this today. that expectation that opec-plus might tighten the market. we are looking accrued right there. there is expectation that potentially down the road, saudi might also make some cuts. a lot of

caroline: new york fed president john williams making statements at the moment in the market is not likingpects the need for restrictive policy for sometimes , basically interest rates higher for longer. some risk aversion and he goes on to say that the fed is at or near high level. ed: the race for ai chatbots is hot. character ai is offering chatbot that can impersonate virtually anyone or anything and is in talks to raise new funding that can valuate a 5 billion. i want to bring in rachel metz. i reported this one out with the team, is surprising to wear character ai is as a company, what is character i -- ai? rebecca: character is a really interesting company. the people behind it used to work at google and they build a large language model that you can feed text to end it will generate text in response. what they built was a large language model that is -- users can customize and infinite ways. they can give it similar dialogue, details and if you go on the website. they have all these different chatbots people of maine. some of the most popular ones are in video games. there is mario

an exclusive interview with john williams. this is bloomberg. let's talk apple.s dropping on the china hearing -- on the china story. including government-backed agencies. we are joined to talk about apple by the da davidson senior analyst. just lowered its price target from 185 to 180. let's talk about the details here. how serious a threat is that. or could this turn to a full-blown story. -- storm. >> you're seeing protections behavior by the chinese government and the u.s. government somewhat -- and apple somewhat caught in the crosshairs. apple generates about 10% of revenue selling products to chinese consumers and then their supply chain is heavily dependent on china with a leverage foxconn and foxconn employs more than one million chinese to assemble their products. there clearly caught in the middle. tensions between the chinese and u.s. government. alix: i guess the question is how much risk? still trading above the price we are at right now. how do you quantify the potential downside revenue hit? >> the opportunity long-term for technology companies is

and we speak to -- john williams who spoke to michael mckee on u.s. monetary policy. hn: i think things are moving in the right direction and we have policy in the right place but we will continue to be data-dependent to watch the development and ss -- assess what we need to do. this is bloomberg. ♪ (sfx: stone wheel crafting) ♪ the biggest ideas inspire new ones. 30 years ago, state street created an etf that inspired the world to invest differently. it still does. what can you do with spy? ♪ >> cpi next week does seem to change a little bit, not september, but it can change the next rate hike at the end of october beginning of november this is a complicated time for the fed. markets cannot jump to two -- conclusions easily of what will happen beyond september. that was bloomberg economist mohammed. that brings us to the russian of a day has the narrative changed again -- alix: that was bloomberg economist mohammed. that brings us to the question of the day. as the narrative changed russian mark we have leslie from ubs global wealth management. changed? we have leslie

we have john williams, susan collins, austin from chicago, raphael bostic and under the governor will all be giving their impressions of where the economy is at right now. we have an advantage gdp number that is really hot, but we also have some calls for a recession still including bloomberg economics. we will get a lot of fed speak and get key data including things like consumer credit. that is one of the questions, will the consumer remain resilient? are those excess savings dwindling to the point where we need to get worried again? haidi: vonnie quinn with the latest on the fed drumbeat, and that will be key for asian markets. it is also a big week when it comes to central-bank policy in his part of the world. the rba meeting, and we are not expecting any surprises there. we are expecting broadly it will stay on hold as we continue to see the data start to slow in the right direction and it comes to inflation. we have inflation numbers due out today as well as a little more data out of china, those trade numbers out from china as well. sidney futures looking positive, looking to e

so, probably, it is impossible to feel the eminent franchise without the legendary music of john williamsfth part. he did it too. the film's creative debt captured britain morocco greece italy by the way, the fifth part became the longest part of the franchise - 2.5 hours the producer spent about 300 million dollars to create it. do you like secrets on the legends of the professor whipping hats. get to know your armchair cinema. well what, let's go to indiana jones because the producer spent 300 million dollars. i think it's a good thing to watch. what did they spend that money on? well, let's move on to other foreign news, three dresses of princess diana will go under the hammer. the online targy will start on september 6 in beverly hills and will last 3 days, it’s a strong word to you with pleasure, according to preliminary estimates , the red dress can bring the largest amount, they plan to sell it for $ 400,000, the former wife of the king of great britain put on a dress, at least three times twice in 1989 and once on november 18, 1991, for the world premiere of the film hot shots in

we will have a conversation with john williams on thursday.s is bloomberg. >> the fact natural gas is so much lower priced in the u.s. and such a lower car been fuel that we think natural gas is going to be here for quite some time. we have a lot of room to run in terms of reducing higher car been accountant tpaoults like coal and fuel oil. we have a lot of ways to go to continue to reduce emissions by using that. alix: that was the williams c.e.o. in the last hour. let's get another take on the energy industry. we have had oil around $90 a barrel. we look from the oil services side. you have had quite a journey declaring bankruptcy 2019 and relisting 2021 and starting the next phase. give me some perspective on the back half of the year. you up graded the force twice. what kind of demand do you see and where? >> thanks for having me. it is a pleasure to be back. we have had a very robust set of dynamics and that played out the past couple of years. as we go into the second half of the year we at this point to see that. we have a very robust d

here is a programming note -- we have an expose of interview of the new york fed president john williams3:30 p.m. new york time today right here on bloomberg television. coming up next, we will focus on the value investing strategy by hedge funds this year and the rising rate environment. that's next, this is bloomberg. ♪ jon: this is bloomberg markets. aqr capital is seeing losses across the investing sector and its return fund rose more than 4% in august in the year to date gain is at 9% after record-setting performance of nearly 44% last year. sonali has been crunching the numbers. value was a big story last year. growth was not hot and for those who came into this year expecting more value size returns, it hasn't played out as some would have thought and what is it about a qr that is working this year? sonali: there are a few interesting dynamics. not only did value do well last year but strategies and trend following were among the best performers in the hedge fund universe. this year, they are down more than 2% while almost every strategy in the hedge fund universe is maybe trailin

haidi: new york fed president john williams speaking exclusively to bloomberg.ext guest says any notion of a fed what should be put behind in the new regime of interest rates. nick schoenmaker joins us now live in sydney. are markets getting it right at this point because there is so much focus on every piece of fed speak. we know the fed will not be swayed by one piece of data alone. how do you view the pricing at this point in september? nick: i think the narrative is changing every few months in global markets at the moment. if you look at where yields have gone, they are steepening in the u.s. and over the next few weeks what we will see is rate cuts in 2024 being priced out in line of that higher for longer backdrop. in terms of investors pricing, geopolitical we have seen this happen with china and huawei in the semiconductor breakthrough. i think that is quite significant. we have seen xi jinping for turning down attendance for the first time ever at the g20. if you think about returns, if you look at the earnings, it is really nvidia and meta that had ri

>> yeah, i'm not so sure about that given what john williams said today, saying higher for longer. was going to write a piece about having gone goldilocks three months ago and facing more than three bears. that was used yesterday. we have more than three bears. we have a shutdown, we have strikes, we have the fed staying higher for longer. an economist that noted earlier this morning with net exports being revised upward, we could see third quarter growth near 5%. now so many variables, so many -- you know, at least near term negatives that we're still in the window in which from a seasonal perspective stocks are typically quite weak. i don't see that changing in the next couple of weeks. we're going to need resolution to a lot of these problems before we can make any clear-eyed statements about where we go from here. >> nancy was talking about the three bears before they have kind of started to materialize here. there's been a sense that, you know, q-4 might be a pothole. but if you had to say the market today selling off on the government shutdown s , is that buying opportunity a

an exclusive interview with john williams coming up at 3:30 p.m. new york time. this is bloomberg.turn to the developing story in texas. texas declaring its first power emergency since the deadly winter storm two years ago. the state getting closer to rolling blackouts. temperatures have been soaring. they been doing so day after day. let's go down to texas, our texas bureau chief joining us from dallas. you went for a run this morning, what did you see can you talk about any similarities with what happened in 2021? julie: completely different type of stressors on the power grid. i did take that risk this morning. i went very early, it was 84 degrees which in texas this summer is extremely cool. the bottom line is we've had more than 50 days of 100 plus temperatures so what is really going on quite frequently is we do not have a lot of wind this summer. that affects the solar, the production. it really becomes a problem in the evening. last night there was this power emergency which lasted for about an hour. you did not see any changes here in the state except people might have con

[closing bell rings] breaking news from new york fed head john williams there is a risk of stronger than hello, folks, welcome to "kudlow," i'm larry kudlow. all right, sheer insanity. that's right, smear -- sheer

interest rate hike at the upcoming meeting may be appropriate but at the same time, we heard from john williams yesterday saying that it is an open question whether or not strict policy is doing enough. let's take a listen and i'll talk to after. >> right now, i think things are moving in the right direction. we have policies and a good place but we need to continue to be data-dependent and watch the develop and's and assess what we need to do. jennifer: at the same time we heard from atlanta fed president raphael bostic who says more work needs to be done. >> i am grateful to say that we have seen inflation come down. a few like we are in restrict of space now and now we just need to let that research and play out, and let it bring inflation, continue to bring inflation down to get back into the range of our target. if we can do that, that be a good thing. jennifer: val, a lot of fed speak this week. what did you make this? valerie: it is ahead of the blackout period which begins on saturday in the most notable thing is they are repeating very similar lines that we heard from powell at jackson

william, what do bill supporters want out of this? >> well, john, supporters say average employees should not have to confront shoplifters because it's dangerous. retailers say maybe so, but that's insane and here is why they say that. california police generally don't respond to theft under $950. it's a misdemeanor. so, stores are on their own. but now sacramento democrats are pushing the bill that fines businesses if employees intervene to stop theft. >> it's not ok for an employer to take a rank and file worker and say hey, you know, if there's an intruder, we are going to deputize you to be the one to intervene. >> it's not enough that we decriminalize property crime but now he's saying you can't stop criminals from stealing, taking your property. >> so hundreds rallied thursday at the state capital, many family-owned businesses to protest this bill that limits retailers' ability to confront thieves and requires businesses to hire private security to stop criminal. some call it a license to steal. >> rather than sending my kids to school, to un

and there will be an exclusive conversation with john williams the federal reserve bank of new york. ♪ alix: breaking for you. we work is said to renegotiate nearly all of their leases and exit unfit locations. the stock was trading volatility. i go to wall street beach. should nelly -- sonali basak is here. and we should talk about it. what are unfit locations. -- what are unfit locations? sonali: there's no official definition of what they are. they documented unsustainable growth. they navigated the pandemic and went through some transitions at that. they are trying to operate now to avoid any potential church after 11. they have cited growing concern issues. they say over two thirds of operating expense of the second quarter has been able to get a handle on it, but they still remain too high and this is their wording, they are dramatically out of that with the current market conditions. so to the point we were talking about in the commercial break when we saw this come out, there are very drastic moves in the commercial property prices. now we -- they want their share of the bene

when john williams says, policy is in a good place, you've got to take note of that that's a phrase thatused in the past to sort of say, hey, we're okay where we are a good place could mean we have to hike a little bit more. and then you have susan collins saying that we're at or near the peak rate. so i find that the market has been struggling, but i feel like it's not struggling because of what the fed's been saying i feel like it's struggling because of a whole bunch of other reasons. the fed i don't think has been really hawkish in that sense yes, they're watching it, they are concerned. it's important to note, some of this data that we have all been very excited about, could be revised. we had waller on he said, we've been burned before that's why they are more circumspect about the progress >> greg, either they are or should be. it was in response to the services report. the november rate jumped to above 50%. but steve's right, greg. we haven't heard officials being too, you know, hawkish or kind of running this policy of we better err on the side of one more or else >> policymaker

new york federal reserve president john williams spoke about the state of the economy yesterday.ks we've gotten monetary policy in a very good place in terms of we have a restricted stance of policy, all that talk about to have a recession has vanished so ryan, do you agree with his assessment? because if what he's saying is true, that means they may stop raising rates. >> yeah, good morning, cheryl. i'm not sure if i agree with those comments or not. it's just hard to predict these things. let's not forget it's just a year ago the same people were calling inflation transitory so it's just very difficult to predict and i think what we need to do is focus on the market we have now and from a historical perspective, the stock market is a little bit expensive and so i think some investors really need to rebalance their accounts and take notice of what they own in their portfolios. but i just think it's hard to assess what's going to happen in the future and you have to evaluate risk now and so for new dollars going into the market, i think there's a little bit more value in fixed in

so, probably, it is impossible to feel the eminent franchise without the legendary music of john williamshe also fulfilled his creative duty of filming the tape, captured britain morocco greece italic, by the way, the fifth part became the longest part of the franchise - the producer spent 2.5 hours on its creation. about 300 million dollars, would you like secrets on the legends of the professor, whipping hats? get to know the cinema seats yourself. now you know how to tell marian vasilyevna in such a way that even the person who does not like harrison ford and is not familiar with indianafort is right. and here i am now , as if you were conducting a program with me , it seemed to me as if i had already begun to fall in love with him even with these legendary media franchises. yes, you definitely need to watch it, because it seems to me that this is the most fascinating sight that can only be, but i'll tell you about this fifth part. there are no unambiguous opinions at all among viewers and someone says that harrison ford is no longer the same as literally, well, rejuvenation - this is

john p. bergen. >> alvin berg song. >> daniel david bernstein. >> graham andrew berkeley. >> michael j. berkeley. >> donna m.bernatz. >> david bernard. >> william m.berea. >> david shelby berry. >> joseph john berry. >> william reid bethke. >> timothy d.bolee. >> edward frank bia. >> paul michael behr. >>

nicely to a soft anding, i think, here, but this idea, which, by the way, is the opposite of what john williams from the new york fed told "the new york times" not too long ago, that if inflation comes down, the fed has to pivot and lower the funds rate, it's not really doing that quite so much. it's going to allow things to become more restrictive. i think that would be a mistake next year. >> steve, it's karen. so, they have said they could be data dependent, right? that would be relevant data and sort of declaring victory on inflation. i think that would give them some leeway to back off the -- or i guess add back the cuts that they took out today. >> it could. what bothers me a little bit, karen, is the forecast is for 2.5% inflation next year, and yet they maintain that 5.1% funds rate. well, do the math. and by the way, if you look at their real neutral rate, it's a half a point, so, they're talking about still being restrictive well into next year, four times the neutral rate. i don't understand that. now, maybe there's a game going on here, a little chicken game where the fed doesn't re

on friday the fed's john williams. whether they lead into this idea that they are done, because it seems like that in the literature, ellen zentner saying they are done. earnings, this is a big deal off mike wilson's comments. retail earnings in particular. tuesday cosco. wednesday h&m and micron. thursday is nike. curious to see whether these are bespoke stories or whether we get a theme. on the economic data front you talk about home prices and the mortgage rates. home price data as well as new-home sales. we get that tomorrow. jobless claims thursday. personal income and core pce on friday. the consumer. how much did they continue to surprise to the upside? tom: is not a sleepy week into october. on the des screen, a plethora of data. jp morgan october 13. they also have december, when the bruins pull ahead. joining us is luke kawa. what did you write about this weekend? what is the distinction you see in the cacophony of news we have? luke: this weekend is a lot more reading than writing. very interesting for us to

williams, who comes from john williams family. his dad was a close friend of president andrew johnson. now, these gentlemen, were unionists of begin the civil war. they supported lincoln's preservation of the union. but the moment emancipation got on the table, they were done. didn't sign up for any social change. and so at the end of the civil war, these conditional unionists gravitated to the point that they were breaking bread with their initial former enemies. these rebels are sympathizers and these become democrats. and john c here is a prominent lawyer, defended the coal in the coal mine wars and a prominent role in a couple of democratic presidential administrations. gentlemen, on the bottom is colonel william with his two year old pony. there are two month old pony there. william caswell was very wealthy gentleman. he was a confederate courier during the american. he's the confederate courier that i mentioned. gentlemen, in the upper left, that's samuel bell latrell. he was the mayor, james church on the trail, the mayor o

william jackson. the convention secretary. major rufus king. colonel john langdon. brigadier general william livingston. major james mc. henry. major general thomas mifflin. volunteer. governor. morris. lieutenant charles pinckney. colonel charles coatsworth. pinckney. lieutenant colonel. richard dobbs. speed. surgeon general. hugh williamson. and commanding general. george washington. you know, painters have often found it difficult to distinguish in their art arising from a setting sun during the course of these sessions, i have often observed the sun on the back of general washington's chair. given my hopes and fears for the success of our business at the convention, i also pondered the same question. but now, as i see what we have accomplished, i have the happiness to know that it is indeed a rising and not a setting sun. ultimately, of course, dr. franklin was right. but the debates were far from over. on september 20th, three days after the signing ceremony, the constitution was delivered to the continental congress. in an attached letter, george washington, pr

most of when the fight william john sanders live on the margins of society. b t is one of the very few. we're been lucky enough to throw in their lives around building this bond to make the transcend this last job because they couldn't big that would not be put on the road . so we started providing them ration every month. we used to meet $100.00 times this every month on the 1st one. next. can they go on big? so the start of the driving school, we encourage them to come for driving the street made for use of the opportunity to do it has 100 loyal customer base in her neighborhood. and also at the local bench supermarket, made me offer immediate colleagues, also accept term. so i'd be to until now about 70 percent of people have accepted me and responded well to meet the rest of the of the 30 percent of society will take time to come around because since i didn't know what to look at, i am like because 3 p on, i know $24.00 every day. driving and electric show not only means less c o 2 emissions but also more savings. and it can the, with me interest me with

but i statement most it's really william john and deborah incidents of street dogs biting people sort of the men. so it's important that the schools and jokes of villages will become a functional way, easier for girls to reach him, don't get to school. somebody write one full functional j, w that they're missing out in education is still the d for many in 3010. that's good, that's fine. yeah, because there are no toilets in the school that my mother asked me not to attend to school. i have to go to mitchell could end up doing thousands of dummy school themes. the future for an entire generation is that just and every effort cones ensuring a bright future, at least for some of the students. joining us from his lum about is our job, our con pockets done director of water aid. thanks for coming on the program. we, we just saw a report looking at the long term influence of last year as floods, particularly when it comes to education, access to clean water and sanitation see to be preventing many students from attending schools. how quickly are facilities being built to get children back i

john p. bergen. >> alvin berg song. >> daniel david bernstein. >> graham andrew berkeley. >> michael j. berkeley. >> donna m.bernatz. >> david bernard. >> william bernstein. >> david m.berea. >> david shelby berry. >> joseph john berry. >> william reid bethke. >> timothy d.bolee. >> edward frank bia. >> paul michael behr. >> bella j.bukon. >> jimmie d. >> peter alexander buy felt. >> william g. biggert. >> brian eugene bill shirr. >> carl vincent binny. >> my nehf nephew. joined by his mother two years ago. i stood there that night and saw the wreckage and knew i would never see you alive again and something came to me, this voice i could hear him saying uncle joe, that's awesome. i thought how much he loved me and i asked why. the answer came, that i have to live the life and be the man that he loved so much and that's what our loved ones leave us with. god bless. [applause] >> my uncle, edward james wright the third. uncle teddy, with each year that goes by we love and mills you more and more. we're so proud of you and you are truly an american hero. >> bill: morning, america. it is that day again, 9/11. in new york city families mark 22 year

john williams the new york fed president obviously has said things to the effect of next year as we see inflation kind of again as we see inflation coming down we're going to need to reduce interest rates make sure we're not squeezing the economy harder and harder. i would've that is a logic you apply? is that how you think about it? i also wonder in the last press comfort you said something to the effect of itself for your outcome of the discussion that people interpreted that to mean you didn't see the possibility for be cut in the first half of next year. and i wonder if that was what you meant by that or whether, how you're thinking about that tiny? >> no. so an answer these questions about hypotheticals about cutting, i never am intending to send a signal about timing. i'm just entering them as a expressed. so please i would want to be taken -- sorry, the first question -- as a going to next year, that's the question will be will be asking is taking into account lags and everything else we know about the economy and everything we know about monetary policy. that time will come at s

were going to hear from seven fed speakers, and we will be interviewing john williams, the new york fedt on thursday. that's one to watch out for. we also hear from lori logan of dallas, patrick harker, austan goolsbee, and rafael bostick. they will tell us what they thought of this job report and what they are anticipating and we get a raft of economic data from july for things like mortgages and applications, which have been an interesting indicator of the strength of the housing market and telling us which pockets of the economy are doing well and how we might avoid a recession. we will get the trade balance and be watching the bond market with eagle eyes from tuesday, don't forget monday in the united states is a holiday. >> are vonnie quinn there. the acting u.s. labor secretary says that the latest job support posted the case for a soft landing scenario. she also told us how the biden administration trust the process when it comes to managing negotiations with unions in a tight labor market. >> this is what you want to see if you're looking for a soft landing. this is if you avera

the comments followed those from fellow fed president john w williams who said inflation is in a good place. >>> s.e.c. has launched an investigation into ryan cohen over his trades and communications and officers at bed bath & beyond. cohen pushed for changes to the company's sales strategy before selling his 12% stake in august of that year. that is just days after tweeting positively about the company. frank, that investment yielded cohen a $60 million profit. >> a lot to unpack right there. ryan pcohen at the center. silvana, thank you. >>> turning back to the markets right now. the wave of incoming high profile ipos setting the stage for the bounce in the markets according to goldman sachs' david solomon. he sat down with david faber yesterday. he is watching a.r.m. and instacart. >> i do feel better about the capital markets. if you ask me to look ahead over the course of the next few months, especially if a.r.m. and other ipos go well, you will see a meaningful increase in activity. david, it is anemic amount of activity. if you go back to the second quarter, investment banking

christine lagarde is being today, andrew bailey, on and on and the fed speakers john williams speaking there are t-bill auctions coming up throughout the week. a lot of what will be interpreted in the price action of the central bankers. thursday is under the radar and that is the striking action that could potentially happen around the world with what's going on in detroit next week. this week, chevron's lng workers in australia have threatened to stop work if they don't get an agreement it will affect prices for china and some of the other asian nations but also in europe. tom: how does that affect europe? it's australia's so how does lng in europe -- in australia affect europe? lisa: it will create a pricing were because you are reducing supply. even though there are well-stocked countries now, later on, it could elevate prices. we seem price pops in the heels of this. it points that stagflation is happening in your. jonathan: the stealth rally in crude, the energy market is just not on the radar. brent yesterday is getting closer to the 90's. tom: we heavily covered this on friday

fed's john williams, essentially number two, votes at every meeting, the new york fed president, speakingand made it sound like he's thinking they've done a lot already and things are moving in the right direction and we have a policy in place, but we're going to need to continue to be data dependent, watch developments and assess what we need to do. very good place in terms of a restricted stance of policy is what a really people are noting. he also added that the fed has done a lot, so it feels like the center of the fed more is thinking we're good and there's a higher bar for having to raise rates further. people are talking about that as well. look, the problem for the market, carl, lately, and this has been the story of the week and the stumble, stronger oil prices and we get a cpi report next week which should show us a high month-to-month number. 0.6% is where bank of america is because of rising oil prices and energy prices in the last few months. the core will be important, we want to see that 0.2% to show the continued moderation in core prices taking out that food and energy. t

the treatment of income out as the or the better citizens william john. so it says the conflict in his country which has lasted for months, could spread into all the parts of the region under frontier all behind and sold. all just is my china. but the fighting could result in an even greater humanitarian disaster. but i was in was, was, of course, those games came from outside to den that they came from neighboring countries. and that's why this conflict will spill into those countries and will not be confined to sedan. the majority of the fight has come from the neighboring countries. the danger off, this is a mess of humanitarian dis, hosted throughout the whole region. not just been, sit down and is it not? i keep yes, most certainly this war may spill into other countries and may trust and security and safety in the region. and in the world, and mike's got more than what was said in the interview. the president of sedans, transitional government, has been edelman for a period of time that he wants to return to a democratic process, a transitional peri

. >> john: unbelievable, william, unbelievable, and thank goodness they had the surveillance camera ashe swift arrest. we will find out more information in the moments ahead as people mourn the death of ryan clinkunbroomer, 30 years old, a sheriff, engaged four days ago, this looks like the sheriff about to start the news conference. >> good morning to everybody and again, as all see as i read my notes, i sincerely thank all of you for covering this morning so extensively as you have. you'll see that it was key for us making this arrest. so, sincere thank you from not only every man and woman who works for the los angeles county sheriff's department, but every community member here in palmdale. so i want to start off by saying 36 hours after the murder of our deputy the men and women of our department arrested him early this morning. i'm very proud -- [applause] -- very proud of the work that our men and women have done. you'll see as i lay this out their professionalism, their dedication, their discipline, just absolutely off the charts. and shows just what an amazing department the l