kathleen: it has been great to have you here. .lbert, thank you for joining us he is co-ceo. we are at the institute of international conference. we will be over the meetings at the imf world bank meetings. yvonne: great perspective. thank you so much. we have started to see things turn a bit when it comes to china, especially when it comes to asia. david: how quickly things can change. take a look at the bloomberg terminal. volumes are spiking again. 40% above the 20 day average on selling today. here is what has been happening, and here is your average. it has not been very good as far as that market is concerned. the other thing we want to point 1000 300 stocks down in shanghai as we speak. flip that and you have the shenzhen. it is not a good day. this is bloomberg. ♪ we will talk more later on. this is bloomberg. ♪ yvonne: we have been waiting for it all morning, and here it is. trade numbers for the month of september, in beating expectations bedtime -- big time. up 17% for september. much higher% gain, than what we saw from

agree with kathleen. it got away too partisan. but i think at the end of the day, we have a jurist who has a stellar academic record, and one that shows that he will stand on the constitution. i honestly think this is going to be one of president trump's greatest legacies. with his appointment of neil kavanaugh, now brett and all of the circuit court judges. what i think will make it a great legacy is that these appointments are individuals who will stand on the constitution and not make law from the bench. this is a return to our roots. it has been long overdue. that brett pleased kavanaugh is on the supreme court. host: thank you. we have time for a quick follow-up from each of you. maybe 30 seconds each. i was curious if there was something you could change about this process, what would you change? you are in agreement was not a great process. ms. williams, let's start with you. ms. williams: i would rather use one ofnt to talk about the concerns i think caused this process to be so difficult. and that is women. women are conc

kathleen: one more thing.f italian debt gets downgraded to junk status it will make it very difficult to get any financial help from the european central bank. so it seems this is coming to a head. we'll see where it goes next. yvonne: all right. kathleen, thanks, our global economy and policy editor. rishaad: coming up saudi arabia facing growing outrage over the death of the journalist with turkey saying the killing was planned in advance. we'll assess the geo political implications for the middle east. this is bloomberg. ♪ rishaad: a look at business headlines. china, ever bright saying it is preparing to sell out of 20 to 30 post ipo companies on concerns that valuations have peaked. the $18 billion state backed fund manager didn't specific which stocks it is planning to exit but says it'll happen as soon as possible. the c.e.o. there is saying the global markets including the united states have peaked and investors should be preparing for the next round of financial crises and turmoil. yvonne: sources say

kathleen: quick final question.w you have a bilateral coming up with the japan finance minister. what do you expect to discuss with them? josh: they're a key trading partner for australia and strategic partner and friend. i'll just take the temperature on what the minister is seeing in the global economy. my view of that volatility is that you'll see epson downs. -- ups and downs. the markets is digesting the trade tensions. let's keep our head. let's be reassured that the australian economy is strong, that the global economy is strong, and that a we will have learned from the global financial crisis and as a result, our financial system is more resilient than it was a decade ago. kathleen: i would say you've hit the ground running. thank you for joining us. josh freudenberg is the treasurer of australia joining us on bloomberg television as we continue our coverage of the international monetary world bank. back to you. therekathleen joining us from bali. interviewed -- hisncorrectly identified position. he is the g

kathleen? one of the problems with being the leader of the largest christian organization in the world is that you only have so many moments in the day. from those of us in the united states that understand organization and structures the person in charge at the top is in the person that will get a lot of things done. here in the united states in some decentralization of power within the church would be able to handle the issues or nimbly and more effectively so to say it would be better if the pope were involved in the issues, i don't think that's the answer. the answer is something here in the united states where you have the leadership back in get things done and hold people accountable within the church within the united states. just to give you an example there are a number of offenders over the years who have been identified, clergy who have abused minors or vulnerable adults. a number of these people were proposed [inaudible]. there are literal hundreds of those cases awaiting the judici

thank you so much for that, kathleen hays. ahead, the challenges of doing business in china amidst this trade standoff with the u.s. and a slowdown in growth. we will be speaking to a former australian ambassador to china, geoff raby. this is bloomberg. ♪ back --elcome shery: welcome back. i'm shery ahn in new york. haidi: i'm haidi stroud-watts in sydney. you are watching "daybreak: australia." back -- shery:besides washington agreeia nafta revamp, a u.s.-china revamp seems as distant as ever. -- how worried should beijing be? geoff raby is a former australian ambassador to china. he is uniquely placed to talk about some of the issues they face in dealing with china. great to have you. i want to start by asking you, you split your time between beijing, parts of china, and australia, and globally. what changed in china? geoff: i think china is very much underestimating trump and trump's capacity to basically hold a hard line and build a constituency around it. i think there is a lot of deep soul-searching going on in beijing a

kathleen: how big of a risk is now?he boj right move toward anything that looks like tighter policies, will people focus on the 10 year jgb zero anchor, or right, i'may you're going to buy in? masahiko: i think people will notice the boj trying to give this message, that there technically not walking away from any easing at all. the final goal they want is the yield curve beyond the 10 year. in the tenure, you have to let it go bit by bit. shery: so you think the rising it is a big risk right now? masahiko: unless there's a major -- we think the fed will go with four hikes next year. to make athat's going big difference. we will talk to you again soon. thank you so much for joining us. i'll be back the next hour with another guest to take a look at this from the foreign exchange angle. we wait for the boj policy decision later this morning in tokyo and get ready for the big press conference from governor kuroda this afternoon. shery: kathleen hays in tokyo there all this week. revise itsming to product, and is rejuvenat

kathleen hays is covering the annual world bank meeting for us. this is a familiar refrain from emerging-market policymakers. what to do conversation with the indonesian finance minister yield? kathleen: it was a fascinating , she is an iconic the finance economic ministers and leaders here in asia, certainly one of the few women who has done so much to steer the economy through some pretty important points, which obviously she and her country face again. fromas finance minister 2005-2010. she passed important reforms and cap the economy on track. she left in 2010 to become managing editor at the world group. localf downgraded its that's global forecast yesterday, echoing two main concerns. one is how interest rate hikes are affecting emerging markets. that investors are looking past the fact that indonesia has done so much to keep its economy on track, and that's why the economy is -- the currencies suffering. she basically said people like the fed of the -- the head of the federal reserve have to take note. mindful of the spillover effect of the

well, from sydney over toe tokyo and kathleen?hleen: well, i have to say -- i love garfield's chart. i loved it when i first saw it yesterday but i think it's important to put perspective around this. people see that big drop this stocks ask say boy, oh, boy, can the fed erase rates in december? i want to bring up a chart that puts this in perspective. it's a really simple charlotte. the top line is a 10-year fracturery yield, currently at 3:10. the 10-year yield in blue under that at 2. 3 and the yellow line is the fed rate. the top range is .25% rate hike expected in december, and yes, the odds aren't quite as high as they were, they're still leaning solidly in that direction. we do see a little bit of a pullback in yields but compare that to purple line, the big plunge in the s&p 500. that's a much bigger realaska. the bond market hasn't budged i think in terms of expectations. not quite as big as they were be you the bond market follows it so closely and i don't think they've jumped on the big bull ak bandwagon just yet. risha

shery: kathleen hays in bali at the imf world bank meetings., head of geopolitical research joins us to talk about the future of washington foreign-policy amid the trade war, and the latest recognition of its u.n. envoy. haidi: bnp paribas gives us their outlook next. this is bloomberg. ♪ shery: this is "daybreak: asia." haidi: the recent selloff in u.s. treasuries has shaken financial markets from stocks to currencies. asian assessors evaluating against a backdrop of deepening trade tensions. let's get some insights from bnp paribas asset management ahead of global em corporate. have we seen the start of a turnaround when it comes to the vulnerability that has played out against asian bonds, in the wake of what has been going on with the trade war, now this selloff in u.s. treasuries? >> yes indeed. this year we have navigated through very tough headlines, which has seen asia bonds selloff. if we look at the most recent history in e.m., asia has been quite tight compared to global e.m. on the back of what we have seen this year, we have seen s

kathleen: let's take a look at our latest survey.and more focus on the 10 year because it has been tweaked, widened. the top-notch is 0.2%. considering they have anchored posts to zero, it is a big deal -- close to zero, it is a big deal. 63% of see them changing the inflation forecast. year-over-year, halfway to target again, 90% don't expect the fed to take extra action to counter the 2019 sales tax. i think people are also putting focus on this range. it could between again, bloomberg hearing from its sources that there are those in favor of widening it to 0.25% because of financial stability, regional banks needing a steeper yield curve. number economics is looking for any references to a global slowdown, not just europe and also china. these things that could come out in their policy statement, monetary, and the press conference. the tuesday meeting starts wednesday when it wraps up. haidi: thank you so much. kathleen hays in tokyo for boj week. midterm elections a week away now. a formerpeak to presidential campaign policy dire

kathleen, do you have any ideas why we are still talking about this 14 years later? . >> thank you for allowing me to be here this morning i would like to say one thing before i answer the question that there is a possibility that one or more of you in the room have been victims of some type of sexual abuse whether committed by a member of the catholic church or someone you know, or did not know or your family has been a victim. let me first say i'm sorry for what happened one out of four women in this country are victims of sexual abuse or attempted sexual abuse and one out of six men. it is a very important topic. so why are we still talking about this? because it is still prevalent in society in the catholic church specifically because those who are the offenders are those who representing god to so many people especially to children who don't know the distinction between god and the authority figure representing the church. so the problem continues but i think it is important to know that there has been progress in the catholic church and the sense of diminishing

i know kathleen went around to investigate and not everybody cooperated. >> correct. first let me finish on what you said but i did go to new york and i probably wore a skirt. [laughter] that there was a bishop who declined to take part over several years that was the bishop of nebraska he has since been replaced and they are participating in the audit but an interesting point is that all his brother bishops were participating in the fact that he declined there was no neconsequence whatsoever. so i was wondering where the laypeople that were not insisting that they have an external audit and if there is a point that we wanted to make by us being here today is first of all, to think all of you as laypersons to be interested and hopefully activist on these issues and to make certain your respective bishops or archbishops or cardinals show the provincials of the religious community because they are members not necessarily a associated with the diocese. so what we would hope is that we continue to make your voices heard about things that are going on either you don't unde

kathleen hays is in bali, covering the annual imf-world bank meeting. tell us more about the conversation you had with the indonesian finance minister. she sat down with us yesterday afternoon and echoed there are twot

kathleen: not surprising.the knew the new vice president seasoned banking veteran. here is what he said. furtherieve some gradual adjustment in the federal funds rate would be appropriate if the data does not come in as expected. monetary policy today remains accommodative. with the economy now operating close to mandate consistent levels for inflation and monetaryent, the risks policy must balance are now more symmetric. clarida said trump's criticisms are in no way in consideration with fed policy deliberations. and he is not worried about the strength of the u.s. economy. aidi: the bank of japan walks to a very different beat. extraordinary monetary policy continues. what do you expect when you go to tokyo next week? kuroda saysvernor they will reach that 2% inflation target. the critical number he is watching is wages. look at how tight the labor markets are. we are going to get there, he says. until then, yield curve control. until that's yield curve target gets off of zero, no change in policy. it will b

are economics and policy editor kathleen hays joining us from tokyo.heard some contradictory remarks from fed officials on friday. kathleen: there is clearly a spectrum of opinion, a spectrum of you on where the fed -- of view on where the fed should be in terms of rate hikes december and next year. we heard exclusively from the dallas head of the fed on friday speaking to us from mexico city, where he sounded cautious on rate hikes. not because of the stock market. no. he said market volatility up and down, that is typical. here is what he said about what he thinks is the path for rate hikes. not stimulating the economy or slowing it down. >> i have said it could be 2.5% to 3%.%, 2.75% we will have to make that judgment over the next year as the economy unfolds. to your point, i am very sensitive to not be rigid or predetermined about the pace in which we get there. kathleen: ok. definitely an important voice on the fed. we will see what happens with that. the president of the let the fed is a voter. concerned we will have overheating in the fed does

kathleen hays is here.doesn't seem to be too concerned about the euro area of growth and inflation and he doesn't seem to be that concerned about the italian fiscal risks. he's not concerned enough to signal that he's not on the road to remove stimulus, but definitely that is tightening. that means the ecb is on track to wrap up its bond purchases by the end of the year and perhaps to hike the key rate as soon as september 2019. he downplayed the risk in nero economy, noting trade tensions and said they are temporary. here is what he said about going ahead and moving ahead. >> incoming information was somewhat weaker than expected. it remains overall consistent with an ongoing broadbase expansion of the euro area economy and gradually rising inflation pressures. let's take a look at this because there was an important number out on wednesday that suggests maybe there are some risks materializing in the euro area economy. let's take a look. you can see the composite pmi has sunk to 52 and change. withwould b

francine: thank you so much harm bandholz and kathleen fisher. co-founderhe capital . and some of his investment strategy. in the meantime, breaking news out of turkish foreign ministry on the investigation ongoing in the consulate. this is bloomberg. ♪ >> this is "bloomberg surveillance.". her say these bends and time are working with its biggest investor for ride-hailing and car sharing services in china. talks are set for a joint venture. the ceo of aviva is stepping down. he shaped the company over the past five years through sales and deals. aviva says the turnaround looks to achieve has been achieved and it is time for new leadership. dp world seesr the market softening, but the chairman tells bloomberg it will not have huge impact on his business. >> one thing is for sure, trade will continue. if china finds it difficult to sell in new york state, they will find it somewhere else. that is your "bloomberg business flash." cirilli, as everyone tries to move on what we have done and the effect mr. cavanaugh -- judge kavanaugh has had on the election, it's time to g

kathleen hays. as kathleen was telling us, a selloff in treasuries, yields rising, and then we saw stocks give up gains. the s&p 500 closed marginally higher but fell short of an all-time high. joining us with more of course, not surprising given those rate sensitive stocks. >> we saw yields rising on economic data. what stock investors thought was, hey, let's focus back on the fundamentals. the u.s. economy is fairly robust. the concerns about trade and global issues falling to the wayside. let's go to the market snapshot. as the yield started to rise with the steepening of the selloff, there was a concern and you saw the gains giving back. you saw the s&p 500 financials posting a significant gain. crude oil above $76. it was on a tear earlier. let's go into the stocks on the move. the theme was interest rates sensitive stocks. utilities, real estate fell. regional banks benefiting from higher rates soared. let's go to some of the other stocks that were in focus. a lot of it having to do with news

shery: kathleen hays, thank you so much from tokyo.at some of the stories trending across the bloomberg universe, check out the easiest countries to do business. and which places you might want to avoid. more eight ising coming as trade war pressure rises. and bitcoin celebrates its 10th birthday. look at what 10,000 bitcoins could have bought you over the past decade. check out those stories online or on the terminal. this is bloomberg. ♪ paul: this is "daybreak: asia." i'm paul allen in sydney. shery: and i'm shery ahn in new york. enthusiasts saying openness helps with innovation in capital markets. the subject is top of the agenda at the annual asia securities industry and markets in singapore. austen.me life is mark we cannot help thinking of alibaba and financials, some of the world's biggest fin tech companies. how open has china been to this industry? mark: china has been the market and even this region globally. you seen alibaba grow tremendously over recent years. pointnly from a fintech of view, digitization is the new norma

kathleen: absolutely. clean -- basically i did everything they could to say they are not going to have to drop their important forward guidance. they said policy was frontloaded. they took that out of the statement. 150 basis points since may. with a large deficit, with trade war still raging, and the federal reserve on talk toward more rate hikes, they are going to have to hike 50 basis points by the end of the year. , we are watching the bond market. the central bank watchlist. kathleen: china is someone you have to watch closely. they have made this announcement, taking steps via the credit market to help companies that are going to have a hard time making their loan payments. they are basically trying to backstop these companies and talking about deleveraging. that is a big issue. not having so much debt. one more challenge is the trade war, the story bloomberg news out today talking to several heads of big companies who are not going to wait to see the impact of tariffs. they are looking at adjusting

kathleen: as mr.ned it, he said there are rules in place, somewhat antiquated about where they have to be sourced. he said a lot of them did not really come from within the nafta region. they came from other countries. now that will not be as possible. bottom line, automakers will not be able to source their parts as freely. and this is going to hurt countries like china. i think it just opens the door to this of her -- this other even bigger threat to the global economy of what happens next between the u.s. and china. so far i don't see people concerned too much that there is a deal ready in the wings for the u.s. and china. haidi: you have got to be extremely optimistic to draw that correlation. thank you so much for that. president trump is certainly hailing the new north american trade deal as historic, but it is too soon to talk to china. with one trade dispute settled, can we expect any progress on the big one? let's bring in our next guest. evan, really great to have you on. extrapolate the pos

haidi: kathleen hays there. continue watching the italian situation with the prime minister there making those comments in an exclusive interview in rome. he spoke to us just before the european commission rejected his governments rule breaking budget. >> there is in any b plan. the deficit at 2.4 compared to gdp. we will expect ift we are ready to reduce necessary but there is in any plan b. , betting onamblers our kids future. we will discuss the data with the commissioners. willing to sit around the table and talk with them and to , of course they will change multiple measures. i have evidence that the spread is due to be -- i want to assure you that we feel very and we think the , thewill be our currency currency of my kid who is 11 years old and the currency of my grandchildren. shery: coming up, we continue to track the widening outrage over the khashoggi mercker. stephen cook joins us next. this is bloomberg. ♪ shery: welcome back. i'm shery ahn in new york. stroud-watts in sydney. you're watching "bloomb

there withkuroda kathleen hays speaking about monetary policy.bal risk this morning is being reassessed. money is flowing into dollar-yen and euro-yen. sign of anya for a exit would be an bond yields and he is talking about inflation. he is talking about rate hike and really recommitting the bank of japan. risk off this morning in terms of usa, fed and trade, a additional tariffs, all takers to risk off momentum, dollar-yen. nejra: we are seeing that and other assets. gold has been in the session with still above $1200. we are seeing the 10 year treasury yield take a little lower on a three-year 15 handle. saudi threat.mp's the u.s. president warned of severe punishment if a kingdom is linked to the disappearance of washington post journalist. we will look at the impact in the oil market. we will speak to the microsoft time.ter 10:30 u.k. this is bloomberg. ♪ manus: it is time for your business flash. ceo jamie dimon has become the latest corporate leader to drop out of saudi arabia's debt posts in the desert event. if follows the mysterious disa

kathleen hays joining us now.ome weak data, we go to first is it because of the trade war? exports seem to be doing fine. kathleen: they have slowed, but i think it is important bloomberg economics, even ahead of this release, we pointed out that last year in this quarter, south korea gdp growth was 3.8%. when you look at it year-over-year, you get a slowdown from 2.8% to 2.0%. to 0.6%.w from 0.8% if we look at what's happening in korea, it's not so much that exports. i want to show you one of the charts. if you look at the year-over-year number, down 8.2%. in this third quarter, experts -- exports did add. these were still well into the green. you had a pullback, maybe that's a one-time thing. there are also questions about the labor market, just how strong it is. the bank of korea said it may keep hiking rates. there may be another rate hike in november. for now, it's understandable we are also in the midst of a global market selloff of all of the exports dependency in nations like korea. is not surprising to se

haidi: kathleen, what else are we watching in terms of the central bank this week?nd its budget battles, refusing to back down from eu pressure to stay with their budget plan. they say they have to help their poor citizens and it is going to increase spending and cut expenses for people, all this -- in fact, they have been telling finance ministers to say that it is difficult, but necessary to this. such a big deal that the italian prime minister weighed in, saying that they should be hopeful, we will meet our deficit target. here is what he said earlier. >> the 2.4% target is our upper limit. we can still reassess. doing the budget implementation, it containment, so we don't necessarily need to reach the 2.4%. for sure, we will not exceed this? kathleen: and all of this is going on as a european central bank gets ready for its meeting on tuesday. thing special expected from that meeting, but the standoff between the populist government in italy and the powers that be in brussels are is creating uncertainty around the economy and markets and it will be interesting t

and his opponent kathleen williams t for a radical far left democrat and voting with maxine waters thewaters. that is another beauty. wants to massively raise taxes she supports the cap and trade taxes it would kill the montana coal industry are there any minors in the audience clean coal and we have more than anybody in kathleen supports open borders we have done a lot of work but i would like to get it done quickly give us some money we will do it fast but i want to get it finished if that doesn't make people want to build they know it's the right thing israel has the wall netanyahu. ninety-nine.9 percent in the form of the net nancy pelosi knows this but they say you cannot let them have the wall but i have done so many campaign promises. so now get me some republican votes in favor of deadly sanctuary cities do the people of montana like sanctuary cities? [booing] i don't think so i know you very well you are big fans. he is a hunter. he is a good hunter that one growing up in a search and location knows more about guns and rifles and more than anybody here. a few people say i disa

turn to our kathleen hays, she has been working on this. rationale behind this mood from the president, is it a sign that he is worried? kathleen: it is hard to not conclude that he may be thinks he need to sweeten the deal more for u.s. voters in order to get the polls and vote for republicans rather than democrats. as he dangles these tax cuts before u.s. citizens. he has also said that house speaker paul ryan, along with house republicans, is developing a plan that they will reveal before the elections. -- republican lawmakers say, guess what, we don't have a tax cut plan in the work. -- in the works. prompting the white house spokesman, lindsay walter, to put out a statement saying the following, the president and republicans in congress support additional tax cuts for hard-working americans. as part of tax reform 2.0, the president would like to see an additional tax cut of 10% for middle income families as he said on the white house lawn. talk started out in nevada on saturday at a campaign rally. president trump does seem to be uppin

let's bring in kathleen hays. what are you hearing?m just about every conversation here at the imf, it's not surprising that this global trade war is basically a u.s.-china trade war, it has escalated. the chinese are digging in their heels and president trump and his team continue to push hard, little progress made here in terms of meetings although there was a brief meeting with the chief. nevertheless, avoiding a trade war that gets worse and undermines the global economy, which many people say is still on a pretty solid track, but there are risks. spokeandard chartered she at our bloomberg modern markets event yesterday afternoon, and he isy this is a risk taking seriously, but one he thinks can be avoided. let's listen. >> global growth is going to be that it was in visit to be before hand, but still the growth rate is pretty good. we need to make sure we avoid a recession. i think the first thing is to avoid damaging global trade. >> a very interesting thing i found emerging yesterday, also at the modern markets event but in a co

joining us is kathleen brooks, research director for capital index.italy, brexit, kim looking at the fa ct italy, brexit, kim looking at the fact it's easy for earnings in the us, we haven't even touched on chancellor angela merkel. such a busy season, you have what's going on with the saudi journalist and oil, then that story broke a week ago i don't think many people thought or will open 2% higher next sunday, a huge mishmash, difficult to predict for markets will go next but volatility on the rise. we talk about those links, fascinating, no one ina about those links, fascinating, no one in a million years imagining that could have an effect on the oil price but it shows how nervous investors are, clinging onto any bit of information. they are, the ideology going around the markets that politics and different political relations around the world are disintegrating and they are not are disintegrating and they are not a strong, used to believe that saudi in the us would be best mates, you have the stepping up of tension, trump, the new saudi prince wh

kathleen hays is here with more. let's start with chair powell's speech. he welcomed wage growth, but he wasn't concerned about inflation. >> know, but he wants to guard against it. he says these are extraordinary times. he said this economy is almost too good to be true. you've got very low unemployment. inflation has gradually risen, but it is not getting out of hand, if i may paraphrase what he said. he definitely things a muted inflation risk is consistent with a gradual rate hike. here's one of the things he said today. >> the rise in wages is broadly consistent with observed rates and therefore does not point to an overheating labor market. may notage growth alone be inflationary. >> let's jump into our bloomberg library chart and look at what jay powell is looking at. average hourly earnings, they have risen. they really haven't broken out of this broad range between 2.5% to 3%. pce core inflation up to 2%. i think the point of this chart is ok. you've got these higher wages, but you are not pushing inflation a lot. i think the takeaway for traders

kathleen: there are so many factors driving em.central thread, federal reserve rate hikes inping to kick off downturn em currencies, forcing central banks to raise he rates. a sweet spot.s in they were able to hold their key rate steady. they are doing all right. the reserve bank of india will have their decision hours from now and are seen raising their key rate again. the deflation rate has continued to rise. are rising. they are seen acting against that. and to support their currency which has been beaten up, one of asia's worst performers if not the worst. bloomberg economics things we should see a dovish pause. they will see rate flows, which will exacerbate problems india already has. at the end of the day we will see no matter how right bloomberg economics is, r.b.i. possibly raises again in hopes of economy can withstand this because higher oil prices are hurting consumers and businesses. when the currency is weak, you have to do something. this is a big factor. haidi: kathleen hays, with the preview of r.b.i., the decision

kathleen hays is here -- tax-cut-fueled momentum. kathleen hays is here.whitt consensus for the federal reserve is looking for one more rate hike this year. 12 out of 16 fomc members signaled the fed member meeting in september. said itt of the alanna is considered a dove on policy. he had a number of things to sayk let's look at some of his key phrases. we see the economy continues to strengthen and continue forward in a positive way. they are trying to keep the recovery going as long as possible, he said. they key rate is between 2% and 2.95%, which is below numeral -- below neutral. that leaves him for more hikes. there are a couple more moves that are left. week.ed speakers this richard clarida, a relatively new vice chair of the federal reserve, will give his first official speech as a man in that position on thursday. that ahead of that, look at the list. if they don't clarify what is happening next, i don't know who will. the one more thing, gdp, third quarter number was for .2 -- 4.2. it is supposed to remain well over 3% in the third quarter. that

kathleen richardson is a researcher in rome. ethics at the university of leicester she's launched a campaign against sex robots in the hope of stopping their developments. they don't give a sense of people feeling connected or being in a relationship they're just objects that have become automated so even if you got this moving donkey sitting next to you you're actually by yourself and so these people are promoting a technology. that is going to increase human isolation if it takes off it's just going to create more and more people sitting alone being alone with a dog. what is certain is that the robots are coming and they'll be capable of far more than just the missionary position to the intelligent robots really sought and offer us companionship and conversation. just about any subject that if you want to have a conversation with a robot in a few years time the robot will just talk to you about beethoven about the beatles about jazz about anything you want to talk about sophia is a highly advanced version of a humanoid robot w

thank you kathleen. we will be getting back to kathleen throughout the course of the day.he said it was a pretty rough day for u.s. investors. it is all looking pretty patchy in the asian market as well. over 3%was down plunging the most since february. tech sinking and industrials as well. boeing and caterpillar fell as well. fell as well. this is bloomberg. ♪ watching daybreak australia. a brace yourselves. it looks like it will be a difficult session going into trading. that was quite a lead we had from wall street overnight. it wasn't just the bond markets, it was really these concerned that the trade war will weigh on future earnings as well. take a look at the set up. when it comes to australia, we look at it indicated drop of 2%. in new zealand we had some pretty bearish sales following the lowest since january. that is proving to be yet another reason why we are seeing a selloff in the aussie as well as kiwi markets. >> let's get a quick check of the business -- headlines. the stock has now lost nearly $230 billion. since january all-time high. it shed more than 13

paul minnesota and pinole resident kathleen stonebraker sot<kathleen stonebraker/files law suit againsttican: "i was repeatedly raped, molested, over that two year period, multiple times, during catechism on saturdays, during weekend retreats preparing for my confirmation that a young child was mislead into believing the things he told me to do with him and for him behind close doors. i have vowed to stand with my attorney and get the truth from the vatican ">anderson admits he has tried and failed at suing the vatican twice before. he is hoping this time will be succeesfulsotin san francisco haaziq madyun kron4news (pkg) legal action aimed at stopping the abuse of children at the hands of catholic priests by forcing the vatican to reveal everything it has on the subjectsot

well the next sexual revolution be digitised philosopher kathleen richardson has researched the consequences there's this mess that women aren't interested in sex that men are more interested in that woman but the reality is is that women are interested in sex but they don't get the kind of sexual experience so they actually want. sex and watches and it's about feeling smelling tasting and surprising a part. it's about more than record breaking orgasms. but today we are under pressure to perform even in moments of intimacy the pharmaceuticals industry profits from our fear of sexual thing yes by agro alone and its maker of around one point seven billion dollars a year. researchers have been looking desperately for a similar moneymaker for the female market. in twenty fifteen a controversial female viagra was approved in the u.s. as such. a psycho tropic drugs affecting the nervous system to enhance the consumer's itto. unlike the drug for men pink for agra affects the brain not the body but it comes with the risks and side effects it's developer had argued that denying approval would be deny

kathleen hays at bloomberg's global economic symposium., we bring up the latest earnings. when it comes to japanese retailers, they look increasingly overseas for growth. shery: hsbc's greater china economist joins us next to way up whether washington will grant beijing a currency manipulator. this is bloomberg. ♪ shery: this is "daybreak asia," i'm shery ahn in new york. haidi: i'm haidi stroud-watts in sydney. the u.s. treasury department has advised secretary steven mnuchin that china is not manipulating the yuan. if that is the view accepted, it would be a new escalation in the trade war and a relief in the markets. joining me now is julia wang. great to have you. i want to start off with a conversation we had earlier with jacob frankel, j.p. morgan chase is international chairman. he took a pragmatic view as to whether the issue would be added to the plethora of issues that washington now takes with beijing. u.s. dealing with china has had so many issues, especially in the trade area. i really think the u.s., together with europe, sho

how does the -- kathleen: he is in line with the fed consensus.'s look at the key things he said on friday. them perform in a very positive way. not worried about the economy obviously. they tried to keep the recovery going as long as possible. he sees the key rate 2.2%. it could understatement -- there is still a couple moves left. presumably that includes a rate hike in december and we will see about 2019. the new vice chair of the federal reserve will make his first official remarks this week, but also we will hear from neel kashkari, bostick speaks again. cleveland fed, he speaks twice this week. third-quarter gdp report friday is expected to cool off a bit or remain above 3% year-over-year, speaking to supply-side economists saying more corporate investment. i would like to add raphael bostick answered questions after his speech on friday and said the fed is monitoring the jamal khashoggi situation, the apparent murder of the saudi journalist as -- and the turkish embassy becoming a big deal, and the effect it might have on oil prices. this i

anna: they are incumbent republican representative greg gianforte and democrat kathleen williams.ohn: welcome to you both. we have a slightly different format tonight. each candidate has 90 seconds to answer a question and then there will be an open discussion. with a chance for rebuttals, questions, and direct exchange.

saturday, montana congressman greg jehan forte and challenger kathleen williams will debate live from the montana pbs .tudios at 9:00 p.m. eastern with the control of congress in question, see the competition for yourself on c-span. watch the debates from key house and senate races. make c-span your primary source for campaign 2018. >> president trump will be holding a rally in rochester, minnesota, for republican candidates running for congress and the governors seat. we will have live coverage on c-span as soon as the president arrives. [captions copyright national cable satellite corp. 2018] [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. visit ncicap.org] [elton john's "goodbye norma jean"] it seems to me you lift your life like a candle in the wind toer knowing who to cling when the rain set in and i would have liked to have known you, but i was just a kid your candle burned out long before your legend ever did ♪ your candle burned out long before your legend ever did ♪ [laughter] -- [applause] >> [crowd chant

this park was actually codesigned by my colleague, kathleen o'day, and lizzy hirsch. this park was completed in 2013. here we see the remodelled joe dimaggio park, and this was completed in 2015. and finally, the renovated lafayette park in pacific heights, which public works

this park was actually codesigned by my colleague, kathleen o'day, and lizzy hirsch. this park was completed in 2013. here we see the remodelled joe dimaggio park, and this was completed in 2015. and finally, the renovated lafayette park in pacific heights, which public works designed and completed in 2013. public works other scopes of work under the m.o.u. include public outreach regarding the park's design, cost estimation, project management services, managing the work of other city agencies, including sfmta and ensuring that all park related contracted comply with ocii's s.b.e. policies. finally, public works will manage construction of transbay

kathleen hays is here.more.me out >> you have two fed bank president's talking about yellow warning lights, but they have very different kind of yellow warning lights they are watching. eric rosengren speaking in boston today, president of the boston fed, said, i don't think there is an alarm going off, but i see a bunch of yellow lights. eric rosengren has been warning for some time about the possibility of overbuilding, even a bubble that could collapse in commercial real estate. he said this could contribute to this next recession. he thinks there's a lot of old people moving out of big houses, etc. you could have excess demand on your hands. he is concerned about chinese growth slowing. we saw that in the purchasing managers index. eric rosengren, who is a bit of now,k now, -- hawk contrasted with neel kashkari. his flashing lights are about, hey, it may not be all roses ahead. he said long-term interest rates are not moving up that much. this chart showing you that benchmark 10 year yield is up 3.08, b

that was kathleen hays. will be as the have to hike again?n: that is certainly debt that our bloomberg economics team is making right now because they are not convinced that we have seen the peak of inflation. things like a drop in your currency and the philippine peso down more than 7% this year, you cannot go out and fully translate through the price level. hikese said about the tax and how they would have more transitory impact once they are in place, you can step away from that of it. acknowledged they have factored it into a weaker peso next year. team is analyst and our betting that another rate hike is coming. they are in good company in asia. it's not as though they are andg to suffer, indonesia 70 countries are having to raise , but if and when the bsp does have to move, is pretty much factored into the market. other people are pointing their finger at president trump himself. he called the fed tracy today for raising rates. are these constant threats becoming a real threat to the fed's independence? kathleen: certainly if you look a

there is another areas called from there he is called and someone named kathleen hall jamieson who is a religion in the political circles of washington russians persuaded enough people in the right state of all to certain we don't want the same they would have this revelation from the us court that they can date in seven more russian intelligence offices so we have been indicted a few months ago and i would have seven more twenty people persuaded three hundred million americans in the right states to war within a certain way or she writes persuaded people look to war to talk so if. doing to people could do that to millions then they are geniuses you know and who is we're going to protect protect us from all of that jeff sessions you know that person of great integrity has been recused he's a reaction to these news of agression indicted state sponsored taken and disinformation can campaign spalls serious threats stall security and open society by the department of justice is defending against them and of quote from jeff sessions. i told him that he was still around anyway and that they

paul minnesota and pinole resident kathleen stonebraker sot<kathleen stonebraker/files law suit againstthe vatican: "i was repeatedly raped, molested, over that two year period, multiple times, during catechism on saturdays, during weekend retreats preparing for my confirmation that a young child was mislead into believing the things he told me to do with him and for him behind close doors. i have vowed to stand with my attorney and get the truth from the vatican ">anderson admits he has tried and failed at suing the vatican twice before. he is hoping this time will be succeesfulsotin san francisco haaziq madyun kron4news (pkg) legal action aimed at stopping the abuse of children at the hands of catholic priests by forcing the vatican to reveal everything it kron4news haaziq madyun kron4news staple has closed. how neighbors in berkley are reacting after spenger's suddenly s

kathleen joining us from the imf world bank meetings in indonesia.ted the conversation with you saying yet been focused on trade and what this means for the global economy. i know i asked you a million times, deflationary or inflationary? how difficult is it to judge how supply chains will change? which country moves most? was interesting to hear those comments. so far, they don't hear the exercising ae was rule-based system, which is exactly what is being questioned in this environment. we don't know what the rules are. as a result, i would been curious to see what is happening in new zealand. firms still me to make decisions. the question is when will they start to make proactive decisions moving production in other directions are other places are just holding back? think we are seeing evidence of that, but it is not very material yet. whether it is inflationary or not, i think pullback from , by itself has to be inflationary. as we are putting more tariffs and barriers, we are increasing production costs. that, overall will be in inflationary pres

frequently about the middle east eastern europe and the us constitution in philadelphia we have kathleen barnett she is a veteran and political commentator and in los angeles we have ron look own he is a comedian frequent guest on the jimmy door show and the young turks as well as host of his own streaming show get your. news on with ron all right crosstalk rules in effect that means you can jump in anytime you want and i always appreciated well ron you know i'm going to go to you first because i always go to the person that got up early as for this program here in los angeles and you look great i think you got a lot of coffee and you i came out and came across an article here white women come and get your people they will defend their privilege to the desk it was about by a woman name alexis. and she writes white women benefit from patriarchy by trading in their whiteness to monopolize resources for mutual gain why.