mark gilbert. you can find a mark on twitter. coming up -- apple enters the streaming music again.ll tell you about the new service and other developments from the developers conference. we are on "the pulse" and we are just getting started. ♪ francine: streaming music service and apple hey and new service -- apple hey and new services were some the updates from the worldwide developers conference. josh was in san francisco yesterday and breaks down the three important things you need to know. josh: were at apple's worldwide developer conference in san francisco. three big takeaways today. first apple wants to be in music in a big way. you have spotify and pandora nipping at its heel. they introduce apple music to take on those services and maybe more. they are launching radio stations not too dissimilar from sirius. and creating a new service called apple music in net which allows market -- artists to share photos and new music with listeners. they i -- they released a lot of features for ios nine. the most significant is the ability on the ipad to use two apps side-by-side making

mark gilbert: there is an argument saying people are pulling the way from certain areas and maybe you should expand. the universal bank and model, the argument was if you can offer big corporate clients everything they need, not only will you make more money but you are a better bank in some ways. the credit crunch gave allies to some of those and the regulation after has made some plain unprofitable. hsbc is quite late to the party. you can argue ubs was first and they would claim in terms of shrinking and cherry picking where do we want to commit capital and where can we make money? the relocation issue, umm, it has been threatened. they make most of their profit in asia. it would make sense. just because it would be tax efficient in the u.k. today to hong kong does not mean it will

the grexit conversation continues and mark gilbert had i have half -- had a hypothesis. the smart way to swear allegiance to the euro in the two atmosphere, it might just be overcoming the resistance of its objectors. interesting we are hearing plan b. joe: also interesting that we thestarting to see contagion is back. for a long time the word was you do not have to worry about greece because the eurozone has ecb, qa, it is all taken care of. we're starting to see signs that nervousness is coming back. one of the things people look for is the spread between the debt of other peripheral countries like spain and italy and portugal and germany. as you can see, there is a

, by mark gilbert, it could be a smart way for the eu to swear allegiance to the euro. it euro bonds are done differently in each country, so you might not be on the hook for all that cash. >> it is also interesting that we are starting to see the time itn, for a long was, you don't have to worry about degrees because that's about greece -- worry about greece. the one thing that people are looking for is the thread between the debt of her feel countries, portugal, spain, and germany. spain-german spread, it is up highest level since last october. the fear is, if something goes bad in greece, we have to talk about effects in other countries. ,lix: i want to bring in mark from pimco, he is joining us from california. the chief u.s. economist. mark, do you care about greece? >> we care about it. it is the topic right now. goodnk we will have implications for the market, there is opportunity to look at the italy-spain government bonds. basically, they are trading at the same level as tenure treasuries -- 10 year treasuries and inflation is running about 1% below where we th

let's join in sonny and mark gilbert.n if we see some kind of default, it does not mean there is a grexit. what are the chances of capital controls if we do not have an agreement by today? >> it might make sense. you get a deal in place. it takes a long time to unwind. given the size of the outflows they have seen, they lost a fifth of deposits this year. francine: which you could argue is not enough given the situation they could be in. mark: your average greek person looking at their bank account and saying i will empty it and. in the garden. -- bury it in the garden. capital controls ensure they remain solvent. it might be the breathing space they need. francine: it has stigma attached, doesn't it? sonny: i strongly prefer, as does the greek government, that there should not be capital controls. primarily because of the signal effect. it takes a long time to unwind. it is not obvious that they are necessary as long as there is a mizen of a likelihood of a deal -- as long as there is optimism of likelihood of a deal and

manus: bloomberg view comments mark gilbert. mark, let me read to a slightly different angle.anks will open for pensioners. there is a humanitarian side to this. mark: 60 euros is not a lot of euros. there was supposed to be temporary measure. very hard to unwind. " it was more than 60 euros a day. it was 300 euros. mark: they are losing a third of their pensions a day. you if you -- if you have not money to spend, then the greek economy can only get worse. >> the summer months are crucial for tourists. some greek newspapers have said in 10 days supermarkets will run out of food. clearly, what tsipras has not told the population is that a no vote means pain, hunger, not being able to buy medicine and the population will soon discover that. it is dignity but you cannot fight a war with an army with an empty stomach. francine: if it becomes armageddon, they're not go to keep him in power. alberto: with a no vote, tsipras could stay in power. the situation could become more difficult for the population. it is likely the government will fall in with a no vote. you may have a unity

we're going to have to bring in the producer mark gilbert to sign on his back. >> mark do come in wesomebody to sign on. there you go. take it away sarah. >> remember, simon, the kppgts is more than 220,000 jobs the expectation. to be created during the month. let us know what you think. you'll have until about one minute exactly one minute before the jobs report release on friday to tweet us your predictions. good luck it's summertime. this will fit nicely in anyone's wardrobe. male or female. >> yes. just as mentioned where we are on the euro. the euro is surging partly because inflation has returned to the eurozone. we'll talk about it at the euro close in "squawk alley." >> mario draghi is holding an ecb meeting tomorrow. no changes expected. he is it would seem winning the war against deflation with this inflation number. we'll tease ahead to the european close and jon's friday over to you for squawk alley. >> good morning, it is 8:00 at netflix headquarters in los gatos, california and 11:00 a.m. on wall street, "squawk alley" is live. ♪ ♪ ♪ ♪ >>> welcome to "squawk alley" for

caller gave the name of a person who he said may have had something to do with mark's disappearance near his home. >> gilbertpatrick mooarie. >> how do you believe you know this information? >> son of the witness of the crime. >> could be real significant. the caller's voice sounded sincere. >> reporter: middle township police received an almost identical call that very same night but have had no luck finding anyone named gilbert patrick marie or the person who provided the tip. >> we're hoping that over the years that have passed maybe someone can either recognize the voice or the name. >> reporter: now as we told you earlier in the week a team of analysts from the national center for missing and exploited children is now here in cape may county helping to search for new leads to try to solve this mystery. live in middle township ted greenberg, nbc 10 news. >> earlier this week, you talked to maureen about her son's case. almost 24 years have passed. it's a long time. she's still holding out hope? >> reporter: she really is and it has been a very long time keith, but she said she is more hopeful now than sh

caller gave the name of a person who he said may have had something to do with mark's disappearance by his home. >> gilbert patrick marie. >> how do you know this information? >> i'm a son of a witness of the crime. >> we're unable to find out who gilbert patrick marie or the caller. we need to find out who the caller is. >> reporter: a team of analysts is working in middle township with police and the fbi for the next couple weeks to help track down new leads in the case. >> they told me that they feel really good about this that this is going to be our year. and i believe that. >> reporter: middle township police received an almost identical tip call that very same night. the copy we got was edited to protect the integrity of the investigation. in middle township ten greenberg, nbc 10 news. >>> now your nbc 10 first alert weather. >> another cloudy, cool day. this isn't exactly the attire anyone planned to be wearing on june 4th. sweatshirts, long pants. even jackets out there in frankford today because temperatures are still well below average. >> and now more rain is in the forecast. we're getting used

mark vanished near his cape may county home in 1991. >> gilbert patrick marie. >> and how do you believe -- i mean know this information? >> i'm the son of the witness of the crime. >> okay. >> we were unable to find out who gilbert patrick marie is and/or the caller. we need to find out who this caller is. >> middle township police received an almost identical tip call that very same night. >>> italian tourist on his honeymoon is one of the three victims killed in this bus crash in the poconos. another italian tourist and tour bus driver were killed along i-380 in tobyhana yesterday. it will take time to know why the tractor trailed crossed the median into the path of the charter bus. rescuers say the language barrier made it difficult to help the injured. >> it's very difficult to get past the language barrier of what the problem is. withdrew need to know their medical history, things like that in order to treat them. >> more than a dozen people were injured. two remain in critical condition. fay they were on their way from new york city to niagara falls. >>> a new flag flying outside

martin gilbert's ceo of aberdeen asset management with $40 billion. it is the uk's largest standalone markoney manager it -- standalone money manager. so greece? martin: i think everyone has too much to lose on both sides. erik: why are they playing a game of breaking should desperate gunship -- why they're playing a game of rickman brinkmanship? martin: i think it will go into july. olivia: how much evidence is he have they done? martin: we hold no greek bonds or greek equities because there are better opportunities elsewhere clearly. the effect that it could have on bonds could be reasonable. olivia: your current portfolios -- you have a plan b? martin: it's not plan b at the moment. it is planned day. -- plan a. we have to continue holding bonds. there will be a better dislocation the market, but i think they will recover quite quickly if greece does exit, which i think is an unlikely scenario. erik: what about a default, for example? it could happen that there's a default and not in a good from the euro. martin: i think that is reasonably likely to happen. erik: one way or the other. m

editorial commentary was written a couple years ago to mark the publication of the anniversary of the address. had it not been for joseph gilbert, the biggest story of lincoln's presidency in terms of oratory might have been missed entirely. we talk a lot at this conference about contingency. here is the contingency of an ap reporter getting the help of president lincoln after a two minute speech. as it was, the immediate coverage was not strong. it was not the greatest speech ever delivered. the clever old veteran, well past his prime lincoln once joked that he didn't remember anymore why everett was famous. he still was clever enough to plan things terry well. -- very well. he arranged for the pre-printing of his two hour long oration, distributed it to editors around the country, they preset it in type, so on november 20 everett's speech covered nearly the entire first page with abraham lincoln's brief address relegated to the right-hand corner. there were a lot of difficulties in trying to cover the war for reporters. censorship from civilians and administration that made it difficult. contingency did not work on april 4, 1