julia coronado of macro policy perspective. news from cnn. first face-to-face meeting between joe biden and vladimir putin expected to take place next month in switzerland according to two u.s. officials speaking to cnn. the white house and the kremlin move closer to finalizing arrangements for the summit which will take place next month. tom: there's a lot of news before that with the belarus overlay we see over last few days. you wonder how their agenda can be organized. there are so many things to talk about. jonathan: brussels, london, now belarus. a lot of things to work out. that is a first overseas trip for this president. lisa: fraught is the word i would use. how he can toggle between the democratic party and the republicans and present a new front for the united states that will be powerful to all. the market up about 18 on the nasdaq 100. you called monday's news come are you calling tuesday a snooze? tom: foreign-exchange is really nuanced. euro swissie not sewing much this morning. euro speaking stronger volumes about stronger eu

jonathan: you did cut julia coronado off. tom: she nailed what yellen was saying. : thank you, julia. julia: always happy to echo janet yellen. jonathan: julia coronado there. thank you very much. it echoed the word of john williams of the new york fed and what it -- what was amazing about that is he was talking about next year, basically teeing up the prospect of the supply side of the economy responding in these transitory forces in the inflation data. they will start to work themselves out through the year into next year. that will be where the bar is heard they will make the decision by the end of this year. as to whether this is a truly transitory. get used to it. it's good to be going on for months. tom: frankly as part of the transitory international travel and trade. the unique u.s. domestic recovery. all i can say is we are headed for a fully employed america. the when of it, we do not know. jonathan: in search of a 61.1% employment population ratio. lisa: people looking at that participation rate as a key metric. tom is the only one still playing the drink

romaine: always wonderful to have you on the program, julia coronado.g up, going once, going twice -- we will talk about -- we were just talking abut inflation. look at your screen. -- talking about inflation. look at your screen. we are going to ask our next guest -- i guarantee you he knows. this is bloomberg. ♪ ♪ romaine: how's this for an alternative asset? we talk a lot about these and fts and -- nft's. now you've got christie's. all these major legit art houses selling stuff off. joe: yes, they are online, they suffer a bunch of millions of dollars. i don't know. joining us now is the ceo of christie's. guillaume cerutti. thank you so much for joining us. i don't get the stuff. you do. why are -- what are people paying this much money for? what are they getting with nft's? >> we are at the end of a fantastic week of sales in new york. joe: fantastic. >> the market is more resilient than ever. we have recovered from a more challenging year last year. it was more difficult -- the artwork was more difficult to get. we have many top prices for artists

jonathan: coming up in the next hour, julia coronado, macropolicy perspectives president and founder, joining us. equities through 4200, up 14 points on the s&p. this is bloomberg. ♪ ritika: with the first word news, i'm ritika gupta. more than 1.6 billion covid vaccine doses have been administered globally, according to data collected by bloomberg news and johns hopkins university. dr. anthony how she come the top -- at dr. anthony fauci has said roughly 70% to 85% would need to be vaccinated for a return to normalcy. german finance minister olaf scholz is backing a plan to require companies to report climate risk as he seeks to boost his environmental credentials in his bid to succeed angela merkel as chancellor. speaking today in a bloomberg webinar on the german election, scholz also weighed in on the hijacked of a ryanair flight by belarus. >> this is against any agreement we have, and it is necessary that we are strict and that we continue to be strict. ritika: in addition, he is pushing a proposal for a so-called climate plan to seek an agreement with the u.s. on the eu plans f