we have shown you a bit of my conversation with liz myers, head of equity capital markets. erings, liz was also an advisor on the new film "equity," about women, ipo's, and wall street. sarah megan thomas joins us for part of that conversation and they told me that there was a key man behind the movie. i wrote a letter to jimmy lee, who want to williams college. find vestmentd to bankers to meet with me, i thought that connection might help. alix: this is like a cold letter. >> i went to williams and he met with me. he was just that kind of guy. the film is in memory of him. he was the one who introduced me to liz and liz took the meeting. alix: why did you take the meeting? hi, i'm going to make a film and i want to talk to you. what was the inspiration to you? liz: if jimmy lee recommend someone, it's always a good idea to follow through. i was intrigued by the thought that there was this woman who is interested in portraying wall street with a different lens, the lens of powerful women who were successful and dealing with the same challenges and thrills that men in wall s

liz myers says you get on ipo, it is successful.versation with liz myers. there we go. looking forward to monday already. weekend,orward to the as we wrap up trading. good news is good news. it is an upside report on payroll. this is bloomberg. ♪ >> live from london, i'm mark barton, this is bloomberg markets on bloomberg television. bonnie: we're going to take from you washington to london and cover stories out of germany and china in the next hour. here's what we're watching. 255,000, that's how many jobs were added in the u.s. in the month of july, blowing out estimates from economists we surveyed. a promising bump, but will it be enough for the federal reserve to raise rates in september? mark: despite disappointing earnings, allianz's c.f.o. tells bloomberg that there will nobody more cost cuts. we'll bring you his comments on the next phase for one of the world's biggest mutual funds. bonnie: and the state of play from one state with record-setting job growth, delaware governor gives his prediction for labor growth.

we are also delighted to have liz myers with jpmorgan.. finally, we have jim's any of the capital. he will talk about what kind of investments should be made right now, what he is doing, and what he sees. that is coming up on "bloomberg ." francine: it is a record-breaking day in the markets. this is a picture of asia, equities hitting new highs. the ftse started the day quite strong and it is seeing a little bit of a reversal. let's get back to our guest in new york -- our guests in n york, luigi zingales and david woo. let's kick it off with you, david. i am concerned about, if you look at what bonds are doing and what equities are doing, they make little sense. i understand there is cheap money so both can rise at the same time, but what will correct first? david: i think it will have to be the fed. jackson hole is probably more important than it has been for a while. i think the fed needs to basically convince the market that if the stock market is going like this, the fed will have to do something about this. francine: which goes