jonathan b.: the fed is behind the curve of the ecb is not.are believers in the fact that this is transitory. they have had an uptick in inflation. although their mandate is clinic the headline, obviously, they look at core, and from our perspective, we do not see the inflationary pressures there element the corporate go anywhere close to what he wanted to be. you look at wage inflation here, there is higher wage inflation. you look at iraq -- you look at europe and you still have slack. in germany, you still don't have weight -- wage inflation because of the migration. this disagrees with the ecb's long-term forecast. we are below that. jonathan: harry? harry: if you divided into the numerator and denominator, the earnings in the numerator is stuck. but the denominator is trending down and is negative. that is what is driving headline numbers. we noticed enumerators are being driven by sectors affected by the minimum wage increases, we fail. like retail, health care, etc. and also leisure and hospitality. retail is a huge drag. jonathan: look

jonathan b.: the fed is behind the curve and the ecb is not.are believers in the fact that this is transitory. they have had an uptick in headline inflation, a small pickup in core inflation. although their mandate is clinic the headline, obviously, they look at core, and from our perspective, we do not see the inflationary pressures there that is going to make that core rate go anywhere close to what he wanted to be. there is a clear trend toward higher inflation. you still have slack in a lot of the countries and even where you don't like in germany, you still don't see wage inflation because you have migration from other countries. our view certainly disagrees with the ecb's long-term forecast. they have been pushing down their forecast and we are below that so we think they are on hold for an extended time. jonathan: harry? harry: if you divided into the numerator and denominator, the earnings in the numerator is stuck in the range. but the denominator is trending down and is negative. that is what is driving headline average numbers. if yo

c-b-s reporter jonathan vigliotti shows us: >>> mourning in sweden's capital tonight after four people were killed and a dozen others injured in a terrorist attack. cbs reporter jonathan vigliotti shows us it's the second time in recent weeks that a vehicle has been used to kill. >> reporter: a man driving a stolen beer truck barreled down stockholm's busiest shopping street hitting dozens of pedestrians before ramming into a department store. the truck burst into flames. police immediately cordoned off a large area while first responders tended to the victims. at least 15 were injured. eyewitness anna peterson was nearby. >> there was blood everywhere. there were bodies on the ground everywhere and the sense of panic, people standing by their loved ones, but also people running away. >> reporter: the driver managed to escape and police released these photographs but wouldn't say if he was the attacker. a somber prime minister told the country they've been attacked. we are treating this as an act of terror said stefan lotven. swedish parliament was locked down and the country put on he

jonathan: a lot of the story is the repatriation story is in the price. is it in the price of the debt? stephen: tech is underperforming the broader market. investors have room to say a triple bing than single a rating. jonathan: is it time to move up in quality? kathy: we have been moving up in quality for a while because of our concern how tight spreads are. what we're seeing is a slowdown in loan growth which may prestage a slowdown in overall g.d.p. growth because they're highly leveraged. if you look at this chart i pulled up, you can see the loan growth, commercial industrialen loan growth has slowed down a lot since 2015. and really even with all of the optimism about fiscal policy, it's slowing down. so that may be an indicator that things are slowing down. in terms of growth later this year and it's priced into the market. jonathan: you are sticking with us. cathy joens, u.b.s. stephen caprio. i want to get a quick market check. twos, tens, 30's in the markets, it's been quiet. unchanged. 125. bid on the margin, we are down a basis point on the 10-year. and 3%, up two basis points so far. still ahead on this program, it's the final spread. trump and xi set to meet in

. >> sreenivasan: after years making b-movies, jonathan demme's first major commercial success was 1991silence of the lambs;" and for many, would remain his best-known film. the dark thriller, based on a book, followed jodi foster as an f.b.i. field agent on the hunt for a serial killer, using the counsel of a psychopath named hannibal lecter, played by anthony hopkins. >> what is your worst memory of childhood? >> the death of my father. >> tell me about it, and don't lie, or i'll know. >> he was a town marshal, and one night he surprised two burglars coming out of the back of a drugstore. they shot him. >> sreenivasan: it earned demme >> sreenivasan: it earned demme the academy award for best director. >> --to jonathan demme, for "silence of the lambs!" >> sreenivasan: and it remains the only horror film to ever win for best picture. >> hi, mom, and thanks for transferring your love of movies to me, and thanks, dad, for making me think i could actually be part of this industry. and thank you. >> sreenivasan: mike sargent is a film critic for pacifica radio. >> at the time, a thriller

jonathan: where in asia specifically? david b: everywhere outside of japan.untries like korea where there are well-established companies, but really where i see players, really comparable in terms of quality, leadership, innovators, that is china, whether it be internet services, financial and tech opportunities. i think you've seen some real innovation coming out of those companies. they are huge, they have a big market, and they are becoming globally competitive. jonathan: how do you balance that kind of investment? you balance that against -- is in a stable equity market? david b: you have to balance uncertain things like the ability of they company to do well in that environment, how do you feel about the currency, and so forth. i think you are managing those risks well when you're not buying the banks in those buying ones that are dependent upon commodity reduction and rather try to find the emerging, successful, independent businesses that are doing well. david: so that is the regional call, the sector call on tech. how much of that is because tech is r

jonathan: brad, thanks. the firefighters had their hands full from the moment they showed up to the fire. this is as the crews battled >> figure out move water from point "a" to point b. i'm directing everything else. water supply is up to you, not me. blitz the top floor. jonathan: it took coordinator to get the 100 firefighters -- i think it was closer to to 200 firefighters that dealt with the blaze. the university of maryland college park closed due to the fire but plans to reopen for classes tomorrow. breaking news, you can get alerted to it as soon as it happens. just go to wjla.com/text. you can sign up for the breaking news, weather and traffic. michelle: the treasury department announced sanctions against syrians due to gas attack. the trump administration says syrian leader bashar assad chemical weapons program. the group of the sanctions are among the largest the u.s. imposed at one time. larry: here we go again. jonathan: the congress doesn't act in five days we could face government shutdown. the white house is saying it won't happen but it is not calming fears. jeff goldberg has the sticking points for the issues on this one. jeff: the white house sayin

b lambs." for best picture, best actor and best director, jonathan demme.nother one, "philadelphia," returned tom hanks for best actor. the movie was seen by many as an empathetic culture point for the way gay people and those with aids were portrayed with popular culture. born and raised in miami as a teenager, demme started out as a film publicist before trying his hand at writing and directing movies himself. sufficed to say, that experiment went well. in addition to movies like "married to the mob," "something wild" and "rachel getting married," demme directed one of the great documentaries ever made, "stop making sense," a concert film about the talking heads. jonathan demme, a visionary american filmmaker died this week at home in new york. he was 73 years old. >> so let's talk bhab this case is really about. the general public's hatred. our loathing our fear of homosexuals. >> why don't you have a seat. >> very good. at zales... we believe... in a diamond kind of love. the kind of love that begins unconditionally... ... then grows even deeper over ti

jonathan demme. >>> this portion is sponsored by liberty mutual insurance. liberty st parts a and band want more coverage, guess what? you could apply for a medicare supplement insurance plan whenever you want. no enrollment window. no waiting to apply. that means now may be a great time to shop for an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. medicare doesn't cover everything. and like all standardized medicare supplement insurance plans, these help cover some of what medicare doesn't pay. so don't wait. call now to request your free decision guide. it could help you find the aarp medicare supplement plan that works for you. these types of plans have no networks, so you get to choose any doctor who accepts medicare patients. rates are competitive, and they're the only plans of their kind endorsed by aarp. remember - these plans let you apply all year round. so call today. because now's the perfect time to learn more. go long. >>> oscar-winning director, jonathan demme died today in his manhattan apartment from esophageal cancer. he was

jonathan bloom, "abc7 news." >>> some bay area diners have the option of having a robot make their salad. "abc7 news" was at galvanize cafe. sally the salad robot is made bs time for the food industry to be incorporated with technology. it's time for change and new things. i think it's only going to help pro-fepel the food industry. >> sally will be at the cafe fulltime starting next month. >> here comes sally. >>> the bay area is a beautiful place to live, and viewers prove it every day. >> larry captured this rainbow in morgan hill as he walked his grand daughter to school. >> spencer's back with an update on the forecast. >> i hope larry got his pot of gold. here's a look at live doppler 7 hd. we have golden sunshine right now, mainly clear skies across the bay area. and they will remain clear for the next couple of days but snowing in the sierra where winter weather advisory is in effect. moderate to heavy snow will continue to fall for a while. travel delays and chain controls are in effect. tomorrow, here in the bay area, sunny skies, milder. highs in the mid 60s inland. but easter sunday, it will be a light storm, ranks one on the storm impact sca

jonathan are here on set. andy, i'll start with you. overall, it seems like president trump is doing well among republicans. 33% give him an a. 39% give him a b're a college student, you dig those numbers. on health care, only 20% give him an a. not horrible, not great. you think the white house is still feeling pressure to act on this one? >> actually, i think the 100-day plan has been, obviously, a plan that was in place, but they've had to deal with a lot of things happening outside of their plab th -- plan that caused them to lose focus. they've accomplished quite a bit, more than i would have thought. they're behind on finding people to serve in government and getting those people nominated and confirmed. but in terms of changing the momentum in washington from the old days to the new days is happening. we're all debating about it. i'd love to get ashley and jonathan's take on this. but they've had a relatively productive, close to the end of the 100-day test period that we've all put out there for them. they're getting better grades than i thought they'd get. >> all right. ashley and jonathan, andy teed you up there. what do you guys th