is sir me in moments martin sorrell. he is going to sound off on this other hot topic the heat on the nfl and now corporate sponsors have come back criticizing the leak. -- league. >> and i won't mention scotland. >> no please. here is a look at our top headlines. -- futures rates are rising after the fed indicated it won't raise rates. we are going to learn later today whether alibaba will be the biggest ever ipo. pricing tonight and they start trading tomorrow. bayer has from decided to focus on his crop chemicals unit. their ending years of speculation as to what they would do with the unit. but to stay, or to go? that is the question. voters in scotland will provide that answer. the 307-year-old union with the u.k. will come down to a ballot. we can't give you all results to avoid swaying voters that we can check in on the state. .nna edwards has more when should we start to see results? were here on carlton hill looking over the city of edinburgh. we expect to get the early results around 2:00 a.m. local time 9:00 i

sir martin sorrell, thank you for joining us.o you. >> sir martin sorrell, knight of the realm on cnbc. check out on the stock market, no doubt volatility is back. we've plunged 178 points on the dow at the open boy, have we come back on that. trip le digits. art cashin will break it down. relief. a cure. today, we believe every life deserves world-class care. as one of the top four hospitals in the nation, over 100,000 people from around the world come to cleveland clinic for care each year. and we're ready for you with a second opinion or a same-day appointment today today today and everyday. call today, for an appointment today. whenwork with equity experts who work with regional experts who work with portfolio management experts that's when expertise happens. mfs. because there is no expertise without collaboration. this is kathleen. setting up the perfect wedding day begins with arthritis pain and two pills. afternoon arrives and feeling good, but her knee pain returns... that's two more pills. the evening's event brings lau

sir martin sorrell is joining us here.n someone with a sir in front of his name. back with me, sir near cavuto. the serf itai sir of italy. marketing giant, wbp group. how is it looking? >> it looks -- well, the people down south are saying, a small no vote. something like 53-47 as no. >> a little wider, i thought? >> that's i think -- >> that's the south. >> i think generally people are around that level we'll see. difficult to see pap close vote. >> close vote. >> people vote at the age of 16. were you asking before we came on-air, who were likely to vote yes, the younger people, with less at stake, probably less experienced, some people might say, will probably vote more for yes. the postal votes, from what i've heard, have come in, tend to be more established people. some people have gone abroad voting, tending to vote, i think, no, against separation. this use of the word independence, any adviser would say to the no vote, you should talk about separation and the cost of separation. >> when you talk those kind of numb

tomorrow, moran sorrell -- martin sorrell will as discuss alibaba withng michael wolff. alibaba.omorrow at 8:00 a.m. eastern time here on bloomberg television. ♪ >> it is 56 past the art. bloomberg television is on the markets. i'm olivia sterns. let's get you caught up where stocks are trading. green on the screen after we had some weak consumer inflation numbers coming out. consumer inflation stalling out, decreasing for the first time in over a year. let's show you what's happening on the treasury market peer treasuries are dancing with fields coming down a little bit. let's find out more with our guest. what we can expect to hear from the fed later today and how he thinks the markets will react to the announcement. robbins, great to have you here. let's start with the cpi numbers out. these look soft. at this comes after the fact that we had a disappointing jobs number and weak industrial production numbers out earlier this week. do you think all of this soccer data is changing janet yellen's timing? >> i think it buys her a little bit of time. but does not really change the

is sir me in moments martin sorrell.to sound off on this other hot topic the heat on the nfl and now corporate sponsors have come back criticizing the leak. -- league. >> and i won't mention scotland. >> no please. here is a look at our top headlines. interest rates

sir martin sorrell said the situation is creating huge uncertainty. >> even if there's a yes vote andrrency becomes critical, who is the vendor of last resort? will the bank of england still be the lender of last resort? it's a very complex situation. >> and helia joins me on set now. still with us from toronto, camilla sutton. camilla, i'll start with you on the sterling issue. beginning part of this week, huge volatility. it's settled a little bit in the last couple of days. what do you think will happen over the next week as we get closer to the vote? >> i think it's interesting. in many ways what you expect is that we have a lot of the potential uncertainty now priced in. so the big shock really came last week from the beginning of september until the last couple of days. so pricing him in that uncert n uncertainty will bring that forward. i think what it means from here is we're likely to change in a choppy range. but all in all, i think we're in this choppy range until we get in this vote. if we have a vote for separation, then we have a drop back down in sterling, probably to a

. >> and karen caught up with sir martin sorrell. asked him his thoughts. >> my view is alibaba's market value will go through 200 billion quickly, sur spassing facebook, half the size of google. the fundamental thing is not about the consumer. the fundamental thing here is alibaba, tencent, baidu are all examples -- we say the chinese steal, right? we used to say that about the japanese. we used to say that about the south koreans. at some point if time, even if that was true, at some point in time, they learned so much they developed their own. and as i say, with 1.3 billion people, tossed are the averages are against it. they will be as good if not better. >> okay. i'm picking it up. there's no question about it, allibaba will be a gigantic dea. of course, i also wonder if investors are in a way overlooking the risks section in the prospectus. wove seen that multi nationals have had -- some multi nationals have had a tough time doing business in china. so is that at all a concern when looking at alibaba as an investment? >> i thin