tom: but jonathan ferro is so into halloween.he said i am in preparation for my costume. lisa: we expect significant costume pictures. and when we talk about the auto manufacturers, it seems like a seven-week strike is largely over and you see stellantis shares up for example. even though they camp out this came out with earnings 3 billion euros stoppages. there were some concerns with the loss but not really to change anything. tom: before we go to gabriela coppola, real quick, to me the news flow on ev over the last three or four weeks has been everyone that wants one has but one. now what? they need to get back to diesel and oil engines. lisa: and with workers getting their fair share in auto industry. and the second thing is how to u.s. companies remain competitive with the emphasis on electric vehicle action when consumers do not want them because they are out priced. there are competing goals and questions. is it wage or the other compensation like an offense, pension and other things? tom: we uncover this story with all th

investors are looking at any glimmer of hope. >> this is bloomberg surveillance with tom keene, jonathan ferro. tom: good morning, everyone. we will get a report from jon ferro at some point. katie greifeld joining us with all of the different narratives. i am just going to cut to the chase. global wall street must listen. katie with us in about four minutes. this is about trend based technical analysis. her note is blistering on the risks that are out there. lisa: the cheap risk is earnings. we are getting divergent stories within the textbased. the fact that we are talking about that is wonderful. i'm trying to shift enter something else and may be these -- will come to the forefront. tom: what is the openings question mark we have priced ? we are just in nowhere land. lisa: people are looking for stability more than guilds coming down. that will be enough to generate some sort of feeling. it will be ok as long as things are stable. the instability is what left people very concerned because it creates a whole host of existential. tom: the real yield, look for that on friday. let's get a prev

jonathan ferro is out. manus cranny joins us. conversation with oil, it is murder monday. lisa: the idea that you have chevron buying hess. and you had -- is it scale and is the u.s. looking and saying we have to compete so we can cash in before fossil fuels are obsolete, maybe. tom: the definitive brief, $60 billion of total enterprise and value. amrita sen, expert on the price of oil and the geography. i was up to speed on this and getting up to speed quickly yana -- exxon found more oil than god in the gulf of mexico of south america in 2015. this is an acquisition by mr. birth and chevron. explain to our audience the magnitude of the oil fields. amrita: it is a fantastic acquisition given the fact that diana -- guana will have supply growth in the coming years. exxon has a foot print and so does pass -- hess. during by the day with new ones in the coming years planned. talking about production breaching a million barrels a day and continuing to grow. the most prominent prospect. we had were zillow take that -- brazil take tha

trading, this is bloomberg the open with jonathan ferro.

julie su will meet with jonathan ferro for a talk. i think it will be a fun interview. jonathan: very polite, very relaxed. tell us what you are feeling? lisa: what was your childhood like? we have u.s. consumer credit coming out. you are seeing credit card debt rise at a significant and accelerating pace. how much of consumer strength is being fueled by debt? is this so morningside are re-leveraging post poe dameron. -- post-pandemic. jonathan: what are you in the team looking for? >> i think 170 is not to higher reading. if you look at what happened in august. and enjoy stood employment was held back. they said these are trivial numbers but we know the number of strike were down and claims were low. if the reading is in line with the whisper number it wouldn't surprise me. in the big picture of things, the last three months chairman powell pointed out it was a hundred 50,000. the prior year was 430,000 for the same three months. if it is not slowing fast enough and not collapsing, it is in a gradual slowdown. jonathan: a two-pronged story. it is bad news/good news toda

trading, this is bloomberg the open with jonathan ferro. rying to catch a falling knife. >> given the fact that we have seen this precipitous rise.

this is "bloomberg: the open" with jonathan ferro. s climbing to multi-decade highs.

if not, there's still room to move up. >> this is bloomberg surveillance with tom keene, jonathan ferrolcome back. bloomberg surveillance in new york/ jon ferro is off this week. katie greifeld is sitting in. we have almost forgotten ecb and all of the other news. they are not expected to do anything. they also have a very difficult problem on their hands. tom: it is different from the u.s.. i'm going to call it euro sclerosis. maria tadeo in attendance. lagarde yesterday, a massive victory lap, all they have done out of their challenges. things, the best that europe can be. deflation, 12%, inflation, now down to about 2ish. that is a victory lap for the prime minister. lisa: who cannot have a victory lap, anyone in germany, italy. plenty of those economies she will be grappling with. how much of this is a european story and the u.s. story, contrast with what is happening with european stagnation and the u.s. strength we are expecting? tom: are they combined? it is a venn diagram. i am not sure, the linkages and all that, but inflation is inflation. if you are grocery shopping in athens

this isbloomberg the open with jonathan ferro. ttle higher just as fed signaled they might be done. >> a lot depends on the data. >>

announcer: this is "bloomberg surveillance," with tom keene, jonathan bramo -- jonathan ferro and lisa abramowicz. jonathan: this is "bloomberg surveillance," on tv and radio, alongside tom keene and lisa abramowicz's annmarie hordern. the s&p 500 is negative by 0.3%. under surveillance this morning. boston fed president susan collins saying the rise of long-term yields surprising tightening financial conditions and persists which reduces the need for further monetary policy tightening in the near term. that is where our focus begins. lisa a: what we saw yesterday in the market did not have to do with fed speak with an auction that did not work well. there is a question of whether the fed has lost control of the narrative. then speakers can keep coming out. we heard from patrick harker today. they have lost control of the market is what sign around with what they perceived to be inflation. jonathan: it is easy to blame inflation but they came in soft. annmarie: they will point the hands at congress for a number of reasons because they don't have a speaker. when you look at what the con

trading, this is bloomberg the open with jonathan ferro. good riddance to the worst quarter of your congress avoiding a government shutdown, allowing us to look ahead to the payrolls report. >> the fourth quarter has with things. >> financial headwinds continue to mount.

tom keene and jonathan ferro are off.nus cranny and cameron -- and gina cameron are joining us for the hour. it's a morning of angst when it comes to whether is the bond market or geopolitics. >> i think we've seen so much of this volatility. is it going to stay around? have we seen the local peak in yields and can we get relief or is this another selloff in the move ever higher toward the 5%? lisa: that seemed to be what happened yesterday. the fact that people are blaming bill and ted's excellent adventure, i will get all sorts of heat for saying this but there is a question whether bill ackman was closing on bonds. do you buy that? manus: maybe the market deal listen to bill ackman and bill gross. there was a steeper trade for the past number of sessions. the market wanted to test 5 and punch it and go through it and what you have is a recalibration. that's my personal take. >> how much of this is being oversold in or overbought and resistance to yields? lisa: at this point, there is a question of treasuries and their

. >> this is bloomberg surveillance with tom keene, jonathan ferro, and lisa abramowicz. jonathan: live from new york city, good morning, good morning for our audience worldwide. this is bloomberg surveillance alongside tom keene and lisa abramowicz i am jonathan ferro. the best day of gains since mid-september on the s&p 500. bonds are just settling down a little bit. tom: i will go with that, but it is fragile. i would say that it is a fragile calm at best. after the festivities in washington, the matt gaetz interview yesterday, i have had time to look at a set of charts. i won't bury you with the details but it is a peter pan economy. i have never ever seen some of these charts in any of my studies. we are in a bond land that is never ever. jonathan: the bloomberg team has done fantastic work on the numbers. the price disruption. the bonds showing 10 years or more. slumped 46% since peaking of march 2020 according to data bloomberg. just shy of the plunge in the aftermath of the.com bust. the destruction that we've seen in bonds is almost as bad by some measures -- almo

this is "bloomberg the open" with jonathan ferro. fronting dysfunction at home as bond yields are climbing to 17-year highs. we begin with a single blast dividing the middle east. an explosion at a hospital in

this is "bloomberg the open," with jonathan ferro.ion, israel slowly widening its round invasion in gaza,

"bloomberg: the open" with jonathan ferro. jonathan: the israel-hamas award intraday five.

trading, this is bloomberg the open with jonathan ferro. market sending yields to new cycle highs. nation's capitol distracted by a gop power struggle and sam bankman-fried trial begins. the vigilantes, a back -- are back. >>

announcer: this is "bloomberg surveillance" with tom keene, jonathan ferro and lisa abramowicz. nathan: live from new york city, good morning. this is "surveillance" on tv and radio. your market is negative this morning. tk, your headline of the we can come israel is or. tom: bond market close. we will cover this continued bond debacle but certainly front and center in the news, still happening according to our people in tel aviv, this is a dynamic story on a typical monday morning. jonathan: we have to work through 3 -- this morning. where is this going next? the big one for many after seeing the shocking images, how on earth did this happen? lisa: it shook a sense of security, invincibility, intelligence. the ability to foresee what was going to happen within israel. at this point there are a lot of questions as well as how far this will percolate in a geopolitical sense. how this will really affect the israeli-saudi arabia packed that was in the works of the past couple of weeks and months. jonathan: through equity market pulling back on the s&p 500 by 0.6 sent. looking or exc

this is bloomberg surveillance with tom keene, jonathan ferro and lisa abramowicz. lisa: we have a correction in the nasdaq. good morning from new york. this is bloomberg surveillance. tom and john are both on a cruise together. i am joined by manus cranny and damien suss our. manus: you will get a lot of guys side notes. where do you want to go for defense? let's go long with amazon. >> i think the street has 65 vibrating and one hold rating. lisa: i was looking at some of the flows and there was the biggest inflow into tech stocks for the past week in the past eight weeks. it feels like i the dip underpinning everything. maybe this excuse to sell everything yes it's geopolitical . manus: when we came in here on monday morning we ratcheted by 15 basis points. look at the shorts on treasuries and they are building again with open interest bond treasuries. they are rebuilding short positions. damien: rate differentials are the name of the game. we have a lot of central banks meetings coming up, we have malaysia, norway. in emerging markets they've been in front of th

be the beginning of a secular bear market. >> this is "bloomberg surveillance" with tom keene, jonathan ferron: live from new york city this morning, good morning. for our audience worldwide, this is "bloomberg surveillance" on tv and radio. your equity market positive year by zero .3% on the s&p. two weeks of gains. can we make it three? they felt like we were on the brink of escalation saturday into monday morning. tom: our world of economics pushed aside by the geopolitics. in this hour, i believe he will go to annmarie hordern, and -- in line jonathan: a ground invasion -- lisa: and tony blinken trying to have every channel conversations with everyone in the region to gauge where they stand, how to prevent some sort of escalation. one thing i felt over the weekend -- i couldn't tear myself away from it, as everyone feels the same -- the lack of clarity was shocking to me. as time went on, there was this fog of uncertainty and misinformation put over everything. i started to feel like we will only note it in retrospect. jonathan: let's build on that. the lack of clarity around one specific

matt: i thought it was a great way to describe it this morning when jonathan ferro says it is an appetizerou don't want before the main course. let's discuss the big picture from a small business point of view. we bring in thomas sullivan at the u.s. chamber of commerce. small businesses are the biggest job creators in the u.s., how does the labor picture look from your perspective? thomas: the headwinds that are facing right now is caused in part by worker shortages. small businesses have been facing this for over six years. we pool our small business members four times a year in our latest poll from metlife shows that about 42% of small busiesses are planning on hiring. the bad news is that is down about seven points from the previous quarter. john: how does that affect atn? are they still able to raise prices? do they have large income? thomas: there's a lot in that multiparty question. the first is the good news. small businesses are doing pretty well right now. the small business chamber index is at the highest levels in's the pandemic. inflation is still the strongest headwind. it ha

this is "bloomberg: the open" with jonathan ferro. jonathan: live from new york.the last word. we begin with the big issue, the economist who cried recession. >> there is a lot of concern about the consumer. >>