alix: lori calvasina will be sticking with me.race for the white house -- how markets are pricing in or not a change in the oval office. this is bloomberg ♪ . this is bloomberg ♪ i don't know why i didn't get screened a long time ago. i kept putting it off... what was i thinking? ok, mr. jones... we're all done. i told you it was easy. with life line screening, getting screened for unknown health conditions is so quick, painless and affordable, you'll wonder why you hadn't done it before. so if you're over age 50, call now and schedule an appointment near you. for just $149- a savings of over 50%- you'll receive a package of five screenings that go beyond your doctor's annual check-up. ultrasound technology looks inside your arteries for plaque that builds up as you age and increases your risk of stroke and heart disease. after all, 4 out of 5 people who have a stroke, their first symptom is a stroke. so call today and start with a free health assessment to understand your best plan of action. so why didn't we do this earlier? lif

focusing on the yield curve, we talk to lori calvasina yesterday.> it seems likely yield curve matters to the banks when people are worried about tipping into a recession. when we have better economic data and the yield curve is viewed as more of a one-off and not sending missing signal on the economy you do not hear about it. it is the preponderance of the evidence. i do not think you can use the yield curve as a single indicator. alix: eli, what do you think? the curve flattening and being inverted is not good for the banks. the curve flattening is also not good for the banks. on the banksthesis is not predicated like lori's on the yield curve. what are some of the reasons you are underweight? eli: let's talk about a year ago when we went underweight on banks. net interest margins and loan growth disappointed. historically, banks have generated loan growth of twice real gdp and three times gdp on the small side. what happened a year ago was gdp was growing at around four and banks were generating loan growth. if you're not getting paid when times