sports, jonathan harding is following the german team for us during the euros. he's at their training camp in bavaria, jonathan, so we just saw the relief and pride of the fans after that when, how are the players feeling? just as happy as the fans. i mean, the way that they played yesterday was fantastic. i think the biggest thing about the performance yesterday was the intensity. a lot of germany fans would have been so surprised, given the performances over the last few months, but it was a real fighting spirit that was on show from the germany side. we haven't seen that and use is very encouraging to see and it promises a lot for the rest of the tournament, but just a fantastic team performance yesterday. and just to get into the details of it, how did germany be such a powerhouse team? while it was vindication for your company, really, i mean his 343 system has come under heavy criticism over the last few months, but it was the same formation that he played last night and it worked fantastically rather than go since obviously as we just had was stop a form o

jonathan harding is following the german team for us during the euros . he's out there training camp in bavaria, jonathan, so we just saw the relief and pride of the fans after that wind. how are the players feeling? just as happy as the fans and in a way that they played yesterday was fantastic. i think the biggest thing about the performance yesterday was the intensity. a lot of germany fans would have been so surprised, given the performances over the last few months, but it was a real fighting spirit that was on show from the germany. we haven't seen that and use is very encouraging to see. and it promises a lot for the rest of the tournament, but just a fantastic team perform just that i can go and just to get into the details of it, how did germany be such a powerhouse team? while it was vindication for your company, really, i mean his 343 system has come under heavy criticism over the last few months, but it was the same formation that he played last night and it worked fantastically rather go since obviously as we just had was stop a phone of it. s

alright, the w jonathan harding with the results good for england. not too good for the team known as the man shock. jonathan, thank well, as we mentioned, the germany loss in the european championship brings the era of your walk and live as head coach to an end is legacy includes. football is the biggest prize, but recent years have been difficult as love struggled to blend the young players with experienced world cup winners. here's a look at yogi. loved years at the help us him live era is history. after a total of 17 years with germany national team, one the longer than anglo merkel, chancellor ship in 2004. then germany coach yoga. clinton, surprised everyone by pointing at his assistant. they had got to know each other during training courses with the german f, a sub lines and a few from i learned incredible amount from your be off instead. so in coaching, cause he was the only one who could explain in 30 seconds how the back full should be new in certain situations. and we can see that the claim man, the official coach, took on the role as a mo

sports, jonathan harding is following the german team for us during the euros. he's out there training camp in bavaria, jonathan, so we just saw the relief and pride of the fans after that, when, how are the players feeling? just as happy as the fans. i mean, the way that they played yesterday was fantastic. i think the biggest thing about the performance as it was the intensity a lot of germany fans would have been so surprised given the performances over the last few months. but it was a real fighting spirit that was on show from the germany. we haven't seen that and years is very encouraging to see. and it promises a lot for the rest of the tournament. but just a fantastic team performance yesterday. and just to get into the details of how did germany be such a powerhouse team? while it was vindication for your company, really, i mean his 343 system has come under heavy criticism over the last few months. but it was the same formation that he played last night and it worked fantastically rather go since obviously as we just had was stop a form of it. so it was

d w jonathan harding, reporting for us from munich on the germany, portugal match. and before we leave you, classical music, liver lovers, excuse me, in austria, have finally enjoyed a post lockdown live show with infections dropping the vienna philharmonic orchestra station open air concert on next. pfizer, thanks for watching t w news. ah ah . busy ah, ah ah .

alrighty, w jonathan harding with the results. good for england. not so good for the team known as the man shop. jonathan thing with germany's last in the european championship brings the error of your welcome live as head coach to an end. his legacy includes footballs. biggest prize, but recent years have been difficult as love struggled to blend young players with experienced world cup winners. to him, live era is history for a total of 17 years with germany national team, one year that anglo macros, chancellor ship in 2004. then germany coach yoga. clinton surprised everyone by pointing at a different they had got to know each other during training courses with the german f, a sub lines and a few from i learned incredible amount from your be off instead. so in our coaching course, he was the only one who could explain in 30 seconds how the back full should be moved in certain situations and reason to that's the only claim man. the official coach took on the role as a motivator. love who many considered the secret boss was in charge of tactics. h

let's get more on the game now from munich, jonathan harding, welcome jonathan. after all the controversy ahead of the game, what is the mood like outside the stadium? it's pretty good. i mean, i think there's rain incoming sony which may damp the moods, but ironically it may also bring a rainbow which would be fantastic for some i think on the whole though, the mood is fairly subdued. maybe perhaps some are expecting more of a party atmosphere, but the ironic moment of the evening is in finding the lighting and rainbow colors of the stadium behind me is that you a for a cop, created some sort of bras, roots education or sign of support for the down the way because just outside the underground stuff here in munich by the stadium. by the serina, there are lots of people hunting out rainbow colored flags, handing out opportunities to learning, showing signs of support for the gbc to plus community. so in a way, perhaps the non lighting of the stadium has spots a bit more of a, a great to show of support. but the mood here so far as is mostly optimistic about the ga

ok, thanks so much d w jonathan harding, reporting for us from munich on the germany, portugal match and before we leave you some classical music lovers in austria have finally enjoyed a part post lockdown live show with infections dropping the vienna philharmonic orchestra stage an open air concert on the spicer thanks for watching diabetes. ah ah . 2 busy ah, ah ah, ah ah, yes it is for the new girl who could have been now since we didn't see it all, you need to allow the big ideas to grow. we're bringing environmental conservation to life with learning like global ideas. we will show you how climate change and environmental conservation is taking shape around the world and how we can all make a difference knowledge and grows through sharing, download it now. so for a me, the said week on, well story search and, and the asian hate crimes in the u. s. saving the coral reef in kenya. between begin in the netherlands. 7 years ago on its way from amsterdam to qual, malaysia airlines flight 17 was shot down over a combat zone east in ukraine. a court will be determining who is responsib

sports, jonathan harding is following a german team for us during the euros. he's at their training camp in bavaria, jonathan, so we just saw the relief and pride of the fans after that wind. how are the players feeling just as happy as the funds. i mean, the way that they paid yesterday was fantastic. i think the biggest thing about the performance yesterday was the intensity. a lot of germany fans would have been so surprised, given the performances over the last few months, but it was a real fighting spirit that was on show from the germany. we haven't seen that and years is very encouraging to see. and it promises a lot for the rest of the tournament, but just a fantastic performance yesterday. and just to get into the details of it, how did germany be such a powerhouse team? while it was vindication for your company, really, i mean his 343 system has come under heavy criticism over the last few months, but it was the same formation that he played last night and it worked fantastically rather than go since obviously as we just had was stop a form of it. so

insurance goal as england when to nil or this cross over another london to the w sports corresponded jonathan harding. good evening to you, jonathan. what happened to germany? but what didn't happen in this game, i think it's the big question. i mean, germany or out of germany career is over. england have banished some demons. i mean, exercise, some demons, even. i mean it's really a fantastic. i've been in a crazy afternoon for headlines. so that's the big question is what didn't happen, but the main thing is that germany are out. germany just barely got out of the 1st round, the group stages. i mean, did they look like they belonged with the elite of europe for the elite of the world for that matter? no, i think that's the biggest issue throughout this tournament. and basically, ever since russia, germany have not know like one of the best sides in the world, that will be the thing that hangs around the legacy at the end of it all. i think that's the biggest issue in germany. never looked like they were on the, the top level. they were never looking like decide that could compete with your england

and for more on the big game we have a very on correspond jonathan harding at wembley. good to you, jonathan. your. there were the actions going to the same place. we know there's tons of media coverage, the british media, they like to refer to the england germany rivalry as one of the greatest of all sports. is it i think that might be a little over the top, if i'm honest, the whole basis of a rivalry is that both sides also some level of success. and quite frankly, england hasn't been able to do that against germany, oregon to anybody else for that matter and recent told them. and so i think that's part of the issue. i think it's a big game, but i think the rivalry is not what used to be, quite frankly, the 2 sides are approaching this fixture in a slightly different way. more noise wearing his rainbow on bands. so his english captain, hurricane and both sides will kneel before the kick off. so feels a little less like a rivalry and a little bit more like 2 teams standing or representing something bigger than football, which is perhaps more important than a football ro

the it's, and for more on the big game we have a very on corresponded jonathan harding at wembley. get to you, jonathan, your there were the actually going to take place. we know there's tons of media coverage. the british media, they like to refer to the england germany rivalry as one of the greatest of all sports. is it i think that might be a little over the top, if i'm honest, the whole basis of a rivalry is that both sides of some level of success and quite frankly, england hadn't been able to do that against germany, oregon to anybody else for that matter and recent told them, and so i think that's part of the issue. i think it's a big game, but i think the rivalry is not what used to be, quite frankly, the 2 sides are approaching this fixture in a slightly different way. more noise wearing his rainbow on bands, so his english captain, hurricane and both sides will kneel before the kick off. so it feels a little less like a rivalry. and a little bit more like 2 teams standing or representing something bigger than football, which is perhaps more important than a football robber

brent: jonathan harding with the results. good for england.ot so good furry germany -- not so good for germany. the germany lost in the european championship brings the era of the head coach to an end. his legacy includes foot was biggest prize but recent years have been difficult as he struggled to blend young players with experienced world cup winners. here is a look at the years at the helm. >> the era is history. after a total of 17 years with the germany national team, one year longer than angela merkel's chancellorship shared in 2004, the germany coach surprised everyone by appointing him as his assistant. he had gotten to know each other during training courses. >> i learned an incredible amount. i've often said so. in our coaching course, he was the only one who could explain in 30 seconds how the back four could be moved in a certain situation. >> the official coach took on the role of team motivator. he was in charge of tactics. >> we always want to be a trendsetter. we want to be ahead of the other teams. that is why we look to the

the it's and for more on the big game we have a very on corresponded jonathan harding at wembley getting to you, jonathan your, there were the actions going to take place. we know there's tons of media coverage . the british media, they like to refer to the england germany rivalry as one of the greatest in all sports. is it i think that might be a little over the top if i'm honest. the whole basis of rivalry is that both sides also some level of success and quite frankly, england hasn't been able to do that against germany, oregon to anybody else for that matter and recent told them. and so i think that's part of the issue. i think it's a big game, but i think the rivalry is not what used to be, quite frankly, the 2 sides are approaching this fixture in a slightly different way. more noise wearing his rainbow on by the so is england's captain. hurricane and both sides. we'll kneel before the kick off so it feels a little less like a rivalry and a little bit more like 2 teams standing or representing something bigger than football, which is perhaps more important than a football robbery.

and for more on the big game we have a very on correspond jonathan harding at wembley. get me to you, jonathan. your. there were the actions going to take place. we know there's tons of media coverage. the british media, they like to refer to the england germany rivalry as one of the greatest in all sports. is it i think that might be a little over the top if i'm on as the whole basis of a rivalry, is that both sides also some level of success. and quite frankly, england hadn't been able to do that against germany, oregon to anybody else for that matter and recent told them. and so i think that's part of the issue. i think it's a big game, but i think the rivalry is not what used to be, quite frankly, the 2 sides are approaching this picture in a slightly different way. more noise wearing his rainbow on bands. so as england's captain. hurricane and both sides will kneel before they kick off, so it feels a little less like a rivalry and a little bit more like 2 teams standing or representing something bigger than football, which is perhaps more important than a football r

let's get more on the game now from munich, jonathan harding. welcome jonathan. through the controversy head of the game. what is the mood like outside the stadium? it's pretty good. i mean, i think there's rain incoming solely which may damp in the mood, but ironically it may also bring a rainbow which would be fantastic for some. i think on the whole though, the mood is fairly subdued. maybe perhaps some are expecting more of the party atmosphere. but the ironic moment of evening is the in finding the lighting in rainbow colors of the stadium behind me is that you, a for cops created some sort of grass roots education or sign of support for the down the way because just outside the underground stuff here in munich by the stadium, by the serina there are lots of people hunting out rainbow colored flies hunting out, opportunities for learning, showing signs of support for the l. g. b. c. 2 plus community. so in a way, perhaps the non lighting of the stadium has spots a bit more of a, a great to show of support. but the mood here so far as is mostly optimistic abo

the it's and for more on the big game we have a very on correspond jonathan harding at wembley getting to you jonathan your, there were the action is going to take place. we know there's tons of media coverage. the british media, they like to refer to the england germany rivalry as one of the greatest of all sports. is it i think that might be a little over the top if i'm on as the whole basis of a rivalry, is that both sides of some level of success and quite frankly, i haven't been able to do that against germany, oregon, to anybody else for that matter and recent told them, and so i think that's part of the issue. i think it's a big game, but i think the rivalry is not what he used to be. quite frankly, the 2 sides are approaching this fixture and a slightly different way. more noise is wearing his rainbow on bands, so his english captain, hurricane. on both sides, we'll kneel before the kick off. so it feels a little less like a rivalry. and a little bit more like 2 teams standing or representing something bigger than football, which is perhaps more important than a football robber

but this is just the beginning of a lot of hard work. jonathan can with the german marshall fund of the us, jonathan is always we appreciate your time and your insights tonight. thank you. thank you for well, cyber attacks launched inside russia against targets in the united states. it's a real problem, but things could get a whole lot worse. experts, a warning that there is a growing risk of cyber conflict hitting the world of nuclear weapons with potentially devastating consequences. and they want to put in bite and some it to do something about it. or chief international editor richard walker has this report . ready in northern england, not far from the coast, you can find a place called filing tail. it's a bridge for space that's notable not for it's planes, but for what they call a pyramid. a giant radar that belongs to america's early warning system. it's a system that reaches out to space west lights keep watch from high obit, part of the command control apparatus in charge of us nuclear weapons. this is the nervous system of the western m

but this is just the beginning of a lot of hard work. jonathan can with the german marshall fund of the us, jonathan is always we appreciate your time and your insights tonight. thank you. thank you for well, cyber attacks launched inside russia against targets in the united states. it's a real problem, but things could get a whole lot worse experts or warning that there is a growing risk of cyber conflict hitting the world of nuclear weapons with potentially devastating consequences. and they want to put in biden summit to do something about it. or chief international editor richard walker has this report. ready in northern england, not far from the coast, you can find a place called filing. a british air force base that notable not for its plains, but for what they call the pyramid. a giant radar that belongs to america's early warning system. it's a system that reaches out to space west lights keep watch from high obit, for part of the command control lab races in charge of us nuclear weapons. the nervous system of the west and military allian

but this is just the beginning of a lot of hard work. jonathan can with the german marshall fund of the us, jonathan is always we appreciate your time and your insights tonight. thank you. thank you. well, cyber attacks launched inside russia against targets in the united states. it's a real problem, but things could get a whole lot worse. experts, a warning that there is a growing risk of cyber conflict hitting the world of nuclear weapons with potentially devastating consequences. and they want to put in biden summit to do something about it. or chief international editor richard walker has this report. ready in northern england, not far from the coast, you can find a place called filing nails, a bridge for space that's notable, not for it's plaint, but for what they call a pyramid. a giant radar that belongs to america's early warning system. it's a system that reaches out to space. west lights keep watch from hi hope it all part of the command control lab races in charge of us nuclear weapons me the nervous system of the west and military all

but this is just the beginning of a lot of hard work. jonathan can with the german marshall fund of the us, jonathan is always we appreciate your time and your insights tonight. thank you. thank you for well, cyber attacks launched inside russia against targets in the united states. it's a real problem, but things could get a whole lot worse. experts, a warning that there is a growing risk of cyber conflict hitting the world of nuclear weapons with potentially devastating consequences. and they want to put in by the summit to do something about it. or chief international editor richard walker has this report. ready in northern england, not far from the coast, you can find a place called filing tail. a british air force base fits notable, not for its plaint, but for what they call a pyramid. a giant radar that belongs to america's early warning system into the system that reaches out into space where satellites keep watch from ohio bit, or part of the commander control apparatus in charge of us nuclear weapons. this is the nervous system of the we

jonathan: i would be surprised. patrick: me too. they have a big challenge in front of them. unless you have a very weak euro which does not suit germany necessarily, it is hard to see how you generate inflation in the euro zone. jonathan: patrick armstrong, good to checkup -- good to catch up. if you think of the hikes in the last cycle, they came early in the recovery. they were the only hikes of the last cycle in europe. lisa: do you the fed could raise rates this cycle given that when they hinted at tapering there with the flattening and the yield curve and the decline in inflation expectations. the u.s. needs greater inflation in order to repay debt and decrease the debt load. jonathan: i want take a position on it. i will say that mike mckee has asked the question in a news conference whether the new framework, because it basically ties your hands and forces you to respond too late -- whether too late could beat not being able to move at all and you have to move weaker or you don't move at all. lisa: people think we are in the same zone we were pre-pandemic. if anything, it has gotten more entrenched because of the download, then it will be hard for the

jonathan. >> ugh. it's so hard to remember. he does -- okay. i know he owns jeans. and he has brown hair.>> jimmy: okay, hold on, let me ask siri. hey, siri. which of the property brothers is dating zooey deschanel? [ laughter ] oh, oh! [ cheers and applause ] oh, he's with you. >> yeah, yeah. we came in together. >> jimmy: oh, well. then ask him for god's sake. >> oh, okay. i know you're one of the property brothers. which one are you? >> jonathan. >> he's jonathan. are you sure? >> i'm pretty sure. >> okay, okay. [ applause ] >> jimmy: how can you be sure? >> i write it on my hands. i write it on my hand every day. >> jimmy: oh, okay, jonathan. >> oh, it's been there the whole time? >> every day. >> oh. >> yeah. >> that makes it easy. >> jimmy: you know, it sounds to me like you guys have to work on your communication. [ laughter ] >> but i love him so much. >> i think we're doing fine. thank you, jonathan. all do now- thank you, zooey. zooey deschanel, "the celebrity dating game" mondays at 10:00 on abc. thanks, guys. we'll be back with sam richardson. welcome to allstate, ♪ ♪are you d

strength and relationship with transatlantic partners that this is just the beginning of a lot of hard work. jonathan can with the german marshal point of the us, jonathan is always we appreciate your time and your insights tonight. thank you. thank you. you well, cyber attacks launched inside russia against targets in the united states. it's a real problem, but things could get a whole lot worse experts or warning that there's a growing risk of cyber conflict hitting the world of nuclear weapons with potentially devastating consequences. and they want to put in by the summit to do something about it. or chief international editor richard walker has this report. ready in northern england, not far from the coast, you can find a place called filing tales approaches for space. it's notable not for it's plains for what they call the pyramid. a giant radar that belongs to america's early warning system. it's a system that reaches out to space where lights keep watch from hi hope it all part of the command control lab races in charge of us nuclear weapons me because the nervous system of the west and milit

it is hard to concentrate. jonathan: that you, tom. -- thank you, tom.ey refused to go outside when it is that hot. we have michael mckee give in a report. we will dive into jobs day and then the huge amount of economic data on friday. tom is is with us and he is optimistic -- promise -- tom this -- thomas is with us and he is optimistic. thomas: we are more likely to get over the summer, in july and august. i think we could get there. let me frame this payroll report. all indicators i am looking at are strong, especially with regards to high-frequency data. even electricity use, passenger travel, they are all very good. they're going up. i think that bodes well for payroll on friday. tom: do you just assume that we mop up eight or nine or 10 million unemployed next number of quarters? thomas: i think the momentum could ease because the gains will be in services. we have summertime coming so that is a big job growth in services. after that it will be more difficult to add new jobs. the gains could slow in the second half of the year. let's focus on the s

jonathan on tuesday. during a polio vaccination drive. police in the province of number, hard blamed the taliban for the attacks. the group has denied responsibility. the latest kennings come just 2 months after pre female polio work as well killed in the provincial capital july above. also, during a polio vaccination drive, the stomach state group claim responsibility for that killing. i've got a thought is one of only 2 countries in the world which has yet to eradicate polio, its neighbor pocket on the other. a life cut short while trying to save others. this polio worker has become another tragic statistic in the war torn country. what's not government hires vaccinated but cannot protect them? vaccinated receive only $4.00 a day? i lost my brother. what should i do with this government? now? the ones that took the wounded now flight for their lives in hospital police say it was a coordinated attack. the vaccination teams were watched and hunted, gunned down in 3 different locations over 2 hours. today we started work at 8 o'clock in the morning after half an hour i heard the sound of firing. i wasn't near th

we may start to see anecdotes but will not get hard data for a few more weeks. jonathanw on how this is playing out at the fomc. do you think this makes sense? stephen: what we learned is they have been surprised to the upside for economy and inflation and their backpedaling from their game plan coming into the year, which is to be on hold for a long time. my guess is they will be kept on that defensive stance. i think the inflation numbers will be high for another month or two. i do expect the labor market data will start to get incrementally better over the next few months. i think they will continue to be surprised to the upside and they will probably end up moving more quickly than they had envisioned. jonathan: what does that look like relative to what they envisioned? stephen: my assumption at this point is the taper announcement comes at the september fomc meeting and they start to actually taper in october, which probably puts me three months ahead of the consensus. we get a rate hike around the middle of next year, which may be puts me three to six months ahead

lisa: it is very hard to go up against the chinese state backed banks, with any sort of profitable results. jonathanfinal word on this tom? tom: i think lisa is dead on. it is about profit and i had a piercing conversation years ago with ken lewis. he ran a small bank out of charlotte. ken lewis was heated. he didn't see where the prophets were in asia. lisa: one final comment, domestically. i think china and the threat has been unbelievably galvanizing in the united states with respect to passing certain legislation. talking about showing up supply chains and investing in tech. a very divided washington, d.c. was able to come together and pass some legislation. to me that is a notable shift. jonathan: it continues to be the one issue we have agreement on, down and washington, d.c. from new york city, good morning. your equity market up three points on the s&p. yields are higher by a single basis point. the rally in crude continues. wti, 73.70 -- this is bloomberg. ♪ ritika: with the "first word news," i am ritika gupta. republicans blocked -- it shows the limited power democratic lawmakers have an

well, it's john harding joins us now from germany's training camp and half. so an old jonathan will get to what the german coach made of the last in just a moment. but what did you make of the german performance against france? last night what i was pleasantly surprised to be honest. i think if you look at the evolution of the germany team over the last few months, this performance had a lot more positive than, than expected at the end of the day. the fact that they lost the front is not really that's surprising front off the road. well champions for a reason. and i think that quality was on show yesterday and germany have some positive to take from this game. but it's always disappointing to lose a ton of an open stay with us for a moment to have a listen to how you are from louis interpreted that one the last to from being get us feel can publish one lloyd polish. i think we gave everything in terms of fighting and running. we did that really, really well with us meal. of course, we weren't able to stop. every french counter attacked him how much he but we managed to do that

and thus it is hard to tell how long they could potentially last. jonathan: we will continue with andrew stanley coming up around the corner. futures up 0.5 points. there you go. i was back at 4200. -- almost back at 4200. is it wednesday? it is wednesday morning. tom: i have to do my thought leader read in. lisa: with the mimosa. jonathan: this is "bloomberg." ♪ >> the rules largest meat producer will have the vast majority of its stocks open today following a cyberattack. jbs as the systems are coming back online according to union official. the cyberattack forced a shutdown of all of jbs be plants in the u.s. which account promised a court of american supply. bloomberg learned in russia link hacking group is responsible. the u.s. and china have taken another step toward economic talks. janet yellen and the vice premier had what they described as frank discussions. the by the administration has retained much of former president trump's economic policies toward china, including no reduction in the tariffs. president biden needs to know the top senate republ

it is such a hard time to have any conviction or affect any of these calls because it is a unique moment in economic history. jonathankathy jones at charles schwab, i will catch up with kathy little bit later on, so that might be until august or september when you see the big jobs gains. it's back, tom. tom: commodities are up. jonathan: beautiful. 4225 on the s&p. tom is here all week. this is bloomberg. [laughter] ritika: with the first word news, i'm ritika gupta. president biden wrote out plans directed at reducing the black-white wealth gap. he will unveil those today. president biden is expected to offer proposals aimed at boosting homeownership and helping minorities own small businesses. china is taking the biggest step yet to rein in a surging yuan. it effectively reduces its supply of dollars in other currencies on shore, and puts pressure on the you to begin. two -- iran says it hopes they 2015 nuclear deal can be revised by august, before -- two big private equity firms are taking cloudera private. they will value cloudera at about $5.3 billion in the all-cash transaction. that would represent a 24 percen

that it jonathan and vicki, i'll tell you what, we all have the cabin fever going on. it's not hardsocial distance when it's this hot going on. >> still kind of baking, although there's some relief coming in sight as the week progresses. you're used to this map already. we're still doing the same program here with the advisories east to the east bay hills up to the north bay. solano county storm. that warning zone. this is around until 9 o'clock now solano county parts of it will remain and that excessive heat warning after 9 o'clock to take us into tuesday. but much of the rest of the bay will be an improvement mode. now, one of the things we get with all of this is we get winds going on there on shore. but because we have all of this heating going on. what actually makes the beaches a little cooler. a touch. but will say maybe not as hot going on, but it's already doesn't cool off, folks. far in the east bay high pressure still pretty much in control. it's going to break down a little bit. i'm sure in a few clouds as we get to maybe about tuesday. but a quick check of your tempera

show on that severity, and do all of the hard public health work that has to continue to happen to reduce the likelihood of spread an infection of delta. jonathan are all hoping to hear through the summer, decoupling, decoupling. can we say thank you as well? i know this was your last appearance for johns hopkins university, you are moving to nebraska. thank you so much from me and the team for everything you have done with us through the last 12, 18 months. lauren: it's been great to be with you guys. jonathan: lauren sauer, university, emergency professor, emergency medicine. we are all looking at the data, the same data, and trying to work out if we see that decoupling through the summer. tom: i looked carefully today, i don't see it. the resilience index from bloomberg is the same way. it is global. i think where we are midyear is a disparity between the countri es struggling and the ones really doing well. will that be the study six months from now or will it be about the delta variant? jonathan: for that matter, i think israel and the u.k. top of mind, two countries that have done extraordinarily well together vaccine distributed and try

. >> it is hard for the fed to maintain the degree of accommodation when the output gap is closing fairly rapidly. >> this is "bloomberg surveillance" with tom keene, jonathan ferro, and lisa abramowicz. tom: good morning, everyone. jonathan ferro, lisa abramowicz, and tom keene. "bloomberg surveillance" on radio come on television. a digital outage. we will touch on that in a moment. romaine bostick in for jon ferro this morning. i want to go from the uproar on negative futures, and backup we go, but, does it show the fruited julie -- the fragility of the system as we know it. lisa: certainly the big moves were not that big. the fact that people clambered into buy at a 0.5% dip shows you there's not that much out there. fireeye up nearly 2%. amazon web services down. fastly also lower. these are all raising questions about the new dynamic of the new economy that really leads to stockpicking going forward, when you try to think about the cyber world we live in. tom: stockpicking doing better here on a macro basis. romaine, your thoughts on this? you deal with this everyday. for those of you on global wall street, tliv is the way to go. it is really smart an

trump organization being indicted, i don't think among the remaining hard-core cult that that's going to be a big problem. >> jonathanat is the kind of lameness of this weekend's rally? no network attention. even fox did not cover it when it was happening. what does that tell you as his potency as a possible campaign entity? >> that was interesting that fox didn't even go to the event. that tells you a lot about what's going on in right wing politics right now. i think with trump essentially acting like fidel castro, you know, who used to just bore the crap out of everybody with his eight-hour interviews and 14-hour speeches, trump's speech was 97 minutes. that is painful even for your strongest supporter, and you saw people were leaving pretty quickly into it. i think we're going to see, but his act is really wearing thin. >> jonathan alter, kurt andersen, thank you both for joining us. i really appreciate it. >> thanks a lot. >>> if you're concerned how congress is going to do two infrastructure bills at the same time, you are not alone. the most experienced legislative strategist in washington had to issue a state

jonathan: that is what tom likes to see. thank you for all of the hardut into these interviews. we will be carrying that at 9:30 eastern time. tom: incredibly important interview. i cannot say enough about that. john williams out of berkeley and he went across the pond. jon ferro, john williams is truly one of our original academic theorists come the only when i can think of in the modern sense in the fed is rich clarida. jonathan: you mentioned richard clarida along with chair powell, you are likely to hear pushback from what we have heard from bullard and kaplan. tom: major pushback and a huge mystery. this goes back to a paper on the unknown. we have a briefing on this to prepare for our conversation with dr. williams with neil shearing of capital economics. with the wonderful global economics of capital economics, do you believe in our star, do you believe it is a useful number? neal: is it a useful number? it is like all of these comments. they are useful as a theoretical concept. measuring them in real time and the shifts in real-time is fraught wi

. >> it's hard for the fed to maintain the degree of accommodation when the output gap is closing fairly rapidly. >> this is "bloomberg surveillance" with tom keene, jonathan ferro, lisa abramowicz. tom: good morning, everyone. "bloomberg surveillance" on radio, on television today, an eventful tuesday. romaine bostick in for jonathan ferro -- matt miller in for matt miller. romaine bostick is scheduled to be with us. that is a good and beautiful thing. alisa, i am looking at the clear and present market action now. people want to own the tenure yield which is driving the yield lower. lisa: the great online a longer-term inflation expectations, that is what we are seeing in markets, that is what pushing is pushing stock prices to near record highs. that is a question -- there's a question of how long this trend will be with a fear sitting debate between the economics profession on whether the fed is taking the right approach or risking a policy error. tom: something we heard yesterday and continues today, the elegance of the five-year inflation-adjusted yield. lower 10 year yield, great, but the five-year real yield won't budge, and it is a elegant chart -

jonathan lemire. >> and katty kay, washington anchor for bbc news. welcome to you both. >> pretty hard-hitting questionsing with asked by the journalist. our own keir simmons asking vladimir putin whether or not he's a killer, but this information from boris johnson and the way he's answered it, does it surprise you at all, or is it generally accepted about the difference between the last u.s. leader and the one currently on the stage? >> reporter: i think it could be set enough how different the tone has been between these two american presidents. that has the biggest change. let's be clear. there's substantial stuff being discussed and disagreements in g7, but so much of this is, hobnobbing with invite order world leaders and seemingly off to a good start and friendly rapport. he and prime minister johnson here in the uk, they don't see eye to eye on everything, but there's an effort to strengthen those ties is the linchpin to a united western europe which this president wants to have at his back before he goes into the summit with vladimir putin a wednesday in geneva, suggesting tha

i don't think that among the remaining hard-core cult, that that is going to be a big problem. >> and jonathane kind of lameness of this weekend's rally? no network attention, even fox did not cover it, what was happening. what does that tell you about his potency as a possible campaign operative for other people? >> well, that was a very interesting decision. that fox did not go live to that event, that tells you a lot about how -- what is going on in right-wing politics right now. i think, with trump essentially acting like fidel castro, who juice to just push the crap out of everybody with these eight hour interviews and 14-hour speeches -- trump's speech was 97 minutes. that is painful even for your strongest supporter. and you saw, people were leaving. you know -- pretty quickly into it. so i think that we are going to see. but he is -- his actors wearing thin. >> jonathan alter, kurt anderson, thank you both for joining us, we really appreciate it. >> thanks a lot lawrence. >> and coming up, if you have been confused about how congress is going to do two infrastructure bills at the same

senate, some republicans may remember sullenberger was very hard on donald trump, calling him "totally unfit for office." >>> let's talk about jonathan abrams, he more or less long with some other people, long before facebook, now at venture capital funding the next generation of entrepreneurs. we'll go over the early days of social networking and the future of silicon valley on this week's episode of "sand hill road." see why i really enjoy talking with people on podcasts. on television you have a certain amount of formality. on the podcast we made fun of how old we got. we met 20 years ago and neither of us have as much hair, a certain, just a certain fun to it that i really enjoy. >> and you don't have the time crunch, oh, break. >> that's true, too. >> a long conversation. >> exactly. >> i'll be on one day. >> waiting for the invite. >> thanks, scott. >>> all right, new this morning, before you get on your peloton for your morning workout the popular bike and treadmill may be vulnerable to hackers. mcafee says hackers can get access to user's data, even the camera or microphone on the bike or treadmill. the security flaw may be p

the spending home lets us in axioms reporter jonathan swan along with bill cassidy and what's going on, watch this. >> bipartisan opposition to the non-hardisan in both chambers, that is number one, number two republicans think that portion is bad for our country we have an inflation rate higher than quite some time and that bill would make it higher. >> i spoke to republicans and democrats who are involved in those negotiations and i could not believe it when joe biden said this, we should acknowledge axong machine to basically present this deal as the greatest deal that's ever been struck essential for the iraqi people in a very short period of time but i'm not going to sign it unless simultaneously edit rides on my desk with another separate bill for social spending. elizabeth: people want to help middle-class families, they want to help families out there with children and more but the point is there is a wish list of a lot of unnecessary stuff, is it your point the squad, bernie sanders and elizabeth warren who are really controlling things and controlling nancy pelosi and controlling chuck schumer and biden, is not your point. >> th

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hard. it should we be worried about her children when earth would you do that. jonathan: so awful.the question i thank you so how we design platforms with better incentives and this is where the top-down stuff really gets me excited. so we in this lab, we went on a long time with platforms trying to experiment on these core design features of social media because when you think about it, the crazy think about all of this is that we never really considered in concrete. that way. what would be the best design of social media, forms to encourage stability and adoration. we been content to allow platforms that were created for harvard undergraduates that read each other's physical attractiveness or range alcohol centric gatherings. and content with these chaotically evolving into the primary forms for democracy for the 20 percent reported so we love to do is say, facebook, hey twitter, let us tweak some things here. i tried this out this el greco and algorithmic and likability got predict in controversy where academic research was copied to serve kind of arguably malicious political ad

jonathan: we got a flavor, though, that the default rate is heading in the right direction and it is hard other way from where credit is at the moment. lisa: he's projecting another taper tantrum type of even, except isolated. the foreign buyer to me is the marginal buyer. at what went do things widen out enough to bring everyone flooding back in? how much of a controlled is that for how things come back in here? jonathan: 15 basis points plus the spreads widening is what potentially morgan stanley are looking for. what are we now, 80 basis points? what a world. from new york city this morning, good morning. how's that working out, tom? tom: working out great. jonathan: lisa abramowicz, jonathan ferro. tom: look how that worked out. jonathan: did you pay for that advice? tom: i did. i got crushed. jonathan: get your money back. this is bloomberg. ♪ ritika: with the first word news, i'm ritika gupta. the u.s. and taiwan would discuss semiconductor zen vaccines today at a long-delayed trade talk. this is a global shortage of computer ships has its biggest many factor building a new factory

here "axios" reporter jonathan swan along with senator bill cassidy, what is going on. watch this. >> there is bipartisan opposition to the non-hard their bill, bipartisan in both chambers. that is number one. number two, republicans think that portion is bad for our country. we have an inflation rate higher than it has been for quite some time. that bill would make it higher. >> i spoke to republicans and democrats involved in the negotiations. they couldn't believe it when joe biden said this. it is, we should acknowledge astonishing to basically present this deal as nirvana, the greatest deal that has ever been struck, essential for the american people and then you know, in sort of very short period of time, say but i'm not going to sign it unless simultaneously arrives on my desk with this other separate bill for social spending. elizabeth: so, listen, people want to help middle-class families. they want to help families out there with children and more. but the point is there is a wish-list of a lot of unnecessary stuff in here. is it your point that it is "the squad," it is bernie sanders and elizabeth warren who are really

hard-liners. rulings are calling it a different story. let's bring in jonathanabout that arizona case. it deals with how it's handled, the wrong precinct, how important could that be given the doj lawsuit that we saw? >> i was surprised by the timing of that announcement because they are proceeding, under the same ground in the arizona case. they are saying this voting rights act, but were about to get a major decision on what that section means. i'm very skeptical about the georgia filing to begin with, but the timing makes it odd. we may be getting language as to the inherent rights of states, and the constitution to dictate the conditions and qualifications for voting. >> another one i'm watching for, it's about donor privacy out of california that could impact whether charities, political organizations have to give the names of their donors. people feel like it's dangerously close to free speech, how do you think they will come down on that? >> that's a really interesting case and i agree with you. it's one i'm watching because it deals with this question of

. >> it is hard for the fed to maintain the degree of accommodation when the output gap is closing fairly rapidly. >> >> this is "bloomberg surveillance" with tom keene, jonathanerro, and lisa abramowicz. lisa: the pendulum of a summer stasis. good morning. tom keene, get jonathan ferro, lisa abramowicz. jonathan ferro out today. romaine bostick in. we very much appreciate it. the longer you give markets right now, the more they went to go up, even if there is news to push them down. that is what we are seeing this morning. tom: the friday gloom was covered by being right near record highs. the gloom crew is begging for the markets to go down. i'm sorry, the bid is there. is that their everyday? no, but it is there pretty much. lisa: even as you see the momentum heading into the close, it seems to be up as well. i am wondering what the participation is like. in other words, who you have a sense of that is driving this trade. tom: a lot of them -- romaine: a lot of them had moved to the sideline with that volatility. you saw the volume start to pick back up and a bid come back into some of the more traditional growth and momentum names rather than the more spec

jonathan serrie is live for us in alabama where recovery efforts are underway after a twister leveled dozens of homes. that storm hit hard there. >> it certainly did. minutes ago the governor kay ivey of alabama declared a state of emergency to get the help they need as quickly as possible. the national weather service has determined the tornado that came through this neighborhood in alabama was an ef2 packing winds of 127 miles an hour. we spoke with one resident who had to pull two neighbors out of the pile of debris that you are looking at right now. a pile of debris that was once their mobile home. >> right there by the power line, matter of fact. and i think she has a broken arm and some lacerations on her neck and stuff. and he was just laid out. and i asked him i said you want to go with me or the ambulance? i'm glad he went with the ambulance. he has some internal damage. >> three people taken to the hospital with serious injuries from this neighborhood. no fatalities reported so far. a different case in other parts of alabama. rain slick conditions on interstate 65 in butler county involved a crash with 17 vehic

. >> it is hard for the fed to maintain the degree of accommodation when the output gap is closing fairly rapidly. >> >> this is "bloomberg surveillance" with tom keene, jonathanamowicz. lisa: the pendulum of a summer stasis. good mor

future looks like, lapid's centralism and bennett's more hard line approach which is a continuation of what we have seen under netanyahu. >> jonathan reaction from the biden white house yet? and two, it's made clear to me that the president navigated the conflict there with a relationship with netanyahu. any reporting on his relationship with the new leadership team? >> no reaction yet from the white house. officials were pressed repeatedly as to weigh in on the situation and chose to say they'd wait for the results and coming soon as well as we'll soon learn about the relationship that president biden has with his new counter part in israel and beneficial to step back and we saw how the president handled a crisis in israel. the violence with hamas and in gaza. where he knew because of the relationship with netanyahu and the understanding of the situation to give them some time, couldn't immediately call for a cease-fire. he had to say that israel was exhibiting the right to defend itself after being rockets rained down from hamas on israeli buildings and citizens. that he had to give them time to do that and then steadily mostly b