krishna: absolutely.would signal to me that we are at the number world rather than things getting better. i think it would be a very big mistake on the part of the ecb. there are lots of things they can do in the interim before they get to that step. jonathan: what can i do in the interim? scott: as we are learning the u.s., policy signal can be equally important to policy implementation. a long story on that will be in that were to be put on play, the ecb coming in and playing with tlro structures on putting more capital into the banking system, there is a limited total rate of return from the ecb's perspective, the transmission mechanism of the economy will not be fantastic. they have to extend that facility, and they have to do it sooner than june would be my expectation. robert: i think that's right. we have a lot of experience with qe. when you look at japan, they have been doing this since the 1990's. when you think about the end game, you strangle your government bond market, basically make it unre

krishna: yes.athan: does more and can get nominated and confirmed by the -- does hermann kaine get nominated and confirmed by the senate, yes or no? robert. robert: no. scott: no. krishna: i sure hope not. jonathan: three big calls from three great guests. robert tipp, scott kimball, krishna memani, thank you. that's it for us. we will see you at 1:00 p.m. new york time. this was bloomberg "real yield." this is bloomberg tv. ♪ >> coming up, the stories that shaped the week in business and around the world. >> the noes have it. >> deadlocked at the deadline, the u.k. government pulls out all the stops to get brexit through parliament. >> today, i am taking action to break the logjam. >> the likelihood of a longer extension has risen quite a lot in the last week. >> data from china surprises to the upside, while prospects brighten for a trade deal with the u.s. president trump: this is the grand daddy of them all. >> let's not think this is all done. there are issues remaining. >> bitcoin show signs

krishna: not at all., the periphery is a good investment, but thinking that they would start trading like sovereign bonds anytime soon given the state of the economy in some parts of the continent, i don't think that's a realistic outcome in any investment horizon. scott: i would have to agree with krishna. out has been through that you have to approach the economy and their dead as credit functions. jonathan: a definition of contrarian. we have to wrap up the program. rapid around, three quick questions. first questions, does the ecb cut the depot right before the year is out? robert: no. scott: no. krishna: maybe. 2.30 three 8% on the 10-year. have we seen the low for the year on the u.s. 10-year yield? already in 2019 yes or no? robert: no. scott: why not. krishna: yes. getthan: does more and can nominated and confirmed by the senate, yes or no? robert. robert: no. scott: no. krishna: i sure hope not. jonathan: three big calls from three great guests. robert tipp, scott kimball, krishna memani, thank y

alix: krishna memani will be sticking with us.ing outside of the financial system. we will discuss next. this is bloomberg. ♪ ♪ alix: ceo's from wall street's biggest banks were on capitol hill, and this time the biggest risk to the financial system could be outside of wall street. >> there's been sniffing and reddit formation -- been significant credit formation. there's more and more direct lending being done in separate vehicles that is not regulated, not scrutinized. at the moment i don't think it is systemic, but it is growing, and i think it is something over time that we would want to have a closer look at. alix: joining us now is morgan andley's head of banks diversified finance lending. thank you for being with us. what do you think of what david said? if banks come into earnings and say we don't have a lot to loan, is that because they are all going to shadow banking? is that true? betsy: when we look at credit formation outside of banks in the commercial space, it has been faster as a percentage over the last 10 years.

damage wasn't just houses and infrastructure you die also struck a body blow to malaria programs krishna ports on the medical crisis left by the storm. here in the village of. the waiting room at the medical center is overcrowded fourteen year old and his mother are among those who have been waiting here for hours. in. my head always feel so hot in the night i lost my appetite my legs feel heavy as if there's hardly any blood flowing through them it. says a village was destroyed when cyclonic died tore through the area for letting most buildings and destroying them and the subsequent flooding even the medical center was damaged by a falling tree. the force of nature and the destruction are still visible all over . but while the reconstruction is continuing there's a major concern right now diseases and in particular malaria. some parts of the region are still submerged providing ideal breeding conditions for mosquitoes and his mother have had to sleep in the open with no protections against the insects since their home was destroyed you may get to the bridge don't have any mosquito nets

help hundreds of thousands of houses have been damaged all destroyed our correspondent andrea and krishna traveled to the community off and same tasks this report. these fields way jackie's only source of income they were in fact her entire life she has always lived in farm tear with her family but this year everything changed. when of in this corner used to look much better than the sign cologne hit and everything died a day later the floods came and wiped down everything we lost everything we grew rice over there it's all gone now too we've already used up all the rice from last year we were waiting for this year's harvest all the corn and all the rice everything's gone. a month ago cyclon he died swept through destroying homes in the region many people are still sleeping out in the open or in tents. most people here. rely on food just tribulations just a wife but it's also the case. and her family. this is the first international food aid to reach the local people here one month after the cyclon hit aid organizations have delivered badly needed rise beans and little jackie was released

one of the worst affected places was the port city of bam in mozambique our correspondent adrienne krishna met with the mayor there a man who is fighting a daily battle to overcome the emergency left by the storm and for his city. every day. does it two of his city inspecting the reconstruction of beirut with the destruction of saigon the dice do visible everywhere the mayor is determined to stay in close contact with the residents the man who is trying but he can't always help the mayor is part of an opposition party after the cyclon he strongly criticized the central government for its slow response the city's annual budget is only about thirty million viewers it was a real very difficult when teaching heating heating today and it's true that the needs. we need they need us we need them we need everybody that's why i spoke to got us i spoke to the center and i told him that we need to join forces and i'm happy that. by now eight organisations are active all over town the water supply has been restored some parts of the city have electricity again but there are also setbacks the number of

joyce advanced, krishna patel. we'll be right back. taylor van zee of g es.e kiddos out for ice cream. check that it has enough wiggle room in your garage. you get the time to make sure you love it. and on the 6th day, we'll reach out and make sure everything's amazing. if so... excellent. if not, swap it out for another or return it for a refund. it's that simple. because at carvana, your car happiness is what makes us happy. we're finally back out in our yard, but so are they. the triple threat of dandelions, lurking crabgrass and weak, thin grass! scotts turf builder triple action. this single-step breakthrough changes everything. it kills weeds, prevents crabgrass for up to 4 months, and feeds so grass can thrive, all guaranteed. only from scotts. our backyard is back. this is a scotts yard. . >>> that wraps it up for us. i'm richard lui. you can follow me on twitter, instagram, and facebook. for now, i turn it over to referendum al sharpton and "politicsnation." >>> good evening and welcome to "politicsnation." tonight's lead, an old saying i grew up wit

his concept this year in what krishna modeled on designs by great names in fashion eggs quilted easter creation. thirty minutes. what's the connection between brett powell and the european union so he knows gilberto wu correspondent at the baker can stretch this second line with the rules set by the. team. cuts. stepping recipes for success strategy that made a difference. baking bread on d.w. . the only border in his history of the world is reorganizing itself and the media's role is keep shifting powers the topic in focus at the global media forum twenty nineteen the laboratory of the digital age. who are we following whom do we trust to debate and shape the future at the doj abella global media forum twenty nine t. the place made for minds. closely. carefully. don't know who sued to use to do a good. action. discover the i. subscribe to a documentary on youtube. police have arrested more than one hundred people as unrest broke out at the ill of us demonstrations in paris the protesters are out on the streets for a twenty third consecutive week they say they want to remind the govern

for more on the floods today views adrienne krishna spoke with the prime minister of mozambique carlos. she asked him what needed to be done to help the affected regions we lost about two setting eight people are all over the capital god. and but we still still have to have to move into to make sure that you. know no more people have been are lost lost a day life. cos there we need more and more will just give instead of that look here's a look up there is a look here at the boats because some someplace like you believe not possible to produce that in the world by letter words because of a disease has been cut and cut off and do we need to have a. ford in the union another another and other stuff to be. left in the e-book to evil then to use on the soul or in the public is infrastructure and in private if such things as well the bill is the dunnage we have know and process to really be good. for the people we need to have a step in the people that we need there were they say the construction of the house for them still in the clear roofs and so on and do so things are moving out of tha

it was as is krishna billion next china if you catch it should new plan intention is to go to center is to ensure freedom in italy. this is not from this week isn't the slightest you should just. believing this but the day of the middle east war has shown convincing proof of israel's military get out of the israeli armored columns continue their sweep to the south west be on the gaza strip and to the south in sinai how did it happen and more importantly what happens now going to this one hundred fifty six all over again no one is right which is better than that the fix that people must make of it you think you are making real progress today where would you like to stop going to occupy the whole of jerusalem no. wonder you wish to increase the land area of israel. as. you would do if you wish to increase the land size of israel with. peace and some states but. i. was in london when the world will cross and. after the war two i don't believe it's in a four hundred saying an idiot quoting that of mr bangun. and he urged me to come at once and i said i want to come he's in my country and

one of the worst affected places was the port city of beirut it was a meek correspondent andrea and krishna with the may a man who is fighting a daily battle to overcome the emergency left by the storm and for his city. every day dovish the mongo does a two of his city inspecting the reconstruction of beirut with the destruction of saigon and the high still visible everywhere the mayor is determined to stay in close contact with the residents and see a man who is trying hard but he can't always help the mayor is part of an opposition party after the cyclon he strongly criticized the central government for its slow response the city's annual budget is only about thirteen million viewers it was real very difficult when teaching heating heating children a story that they need. we need they need us we need them we need everybody that's why i spoke to that got us i spoke to the center and i told them that we need to join forces and i'm happy that they agreed to. by now eight organizations active all over her town the water supply has been restored some parts of the city have electricity again bu

imagine a dorky hari krishna, that's what i am here i think it opens the aperture of conversation that has the capacity to illuminate as opposed to educate. almost every political conversation we have at this point agitates and does not illuminate. we are reflexively partisan, this is clear that it is a perennial force in american life that started with federalists and republicans. it started with jefferson and adams and hamilton. but the social science is hard to argue with. we are evermore divided. just because something has happened before does not mean it is not happening now. one of my favorite statistics on this is president eisenhower had a 50% approval rating for his eight years among democrats. president obama had something like an 8% approval rating among republicans. i think the incumbent is below the margin of error. among democrats. that's a real thing. if you are like you and me you want to say yeah but for sumter was pretty bad and what about the copperheads? this is annoying to most people to do that. i do believe that if we don't look back, we cannot look ahead. that s

appreciate the conversation always good to get a little bit of the debt markets in there shawn and krishna one year since facebook ceo mark zuckerberg testified on capitol hill promising lots of change for the social media platform. what progress has been made and what's still left to tackle? >> julia boorstin has all of that. >> some of the changes yielded better results than others let's take a look. first and most importantly, zuckerberg promised to protect facebook users' privacy. >> in response to these issues, we've changed a lot of the way that our platform works so that way developers can't get access to as much information >> reporter: in addition to limiting developers' access to data, facebook extended most of privacy law protectiontion worldwide, introduced a tool called clear users history and making all messages encrypted. this hasn't stopped leaked 15 million user accounts were exposed in a september breach. last week it was revealed over 500 million users had some information exposed on amazon cloud servers. second, zuckerberg promised to tackle offensive content >> we need

. >> krishna, thank you. >> thank you. >>> look forward to talking to jim.very funny show today, jim. but the retail sales number got certain individuals talking about how great things actually are right now. things are pretty good and -- >> february was very weak month. >> yeah. >> february was very weak month and lot of stuff got moved to march. i don't want to wade into the shark-infested water of retail sales. usually not that controversial but you know, the fed did it right. the fed did it wrong and fed's book was good. the fed's book was bad there we go. now i covered all bases. what does matter is that the country's march is very strong and i think april is very strong so far that's the difference from what the base book said, by the beige book, i don't understand how they can downgrade the economy just when it finally started to get strong and got over the december blowup that was caused by the fed so, i think things are okay. your last guest there i told -- thought told a good story. i don't buy the meltup because if you didn't melt up if you owned