joe mathieu joins us. what was in this deal? joe: it raises the debt ceiling beyond the presidential election. that has to be the most important part of this deal. we are not one week away from what janet yellen declared default day, the fifth of june. we that out of the way for two years. and this addresses spending. we were hearing about caps as opposed to cuts. this is a far cry from the steep cuts that conservative republicans were asking for. it preserves defense spending, increasing 3%, exactly what joe biden wanted. veterans care is fully funded. there was arguing about what might happen to veterans. it does also expand some work requirements for food stamps and raises the age from 49 to 54 and back unused covid funding, which is going to help take care of the math in a lot of areas. it does not include the $139 in cuts throwing back to fiscal year 22 that speaker mccarthy and conservative republicans were demanding. it is likely he will lose seven votes on the right flank of the host public and majority, much like presid

matt: the meeting starts at three and i thing it's going to be a long day for you and joe mathieu butill tune into your show to see what happens. kailey leinz covering washington for us. it's going it to be interesting and it is really coming down to the wire but we have 70 different's -- 70 different debt ceiling negotiations and they've all gone through so far. jon: a lot of people are hoping for the best but the market is trying to figure out where to go from here. on that front, we see a bit of a cautious tone for the s&p. this is bloomberg. ♪ he snores like an angry rhino you've never heard an angry rhino baby i hear one every night... every night. okay. i'll work on that. save 50% on the sleep number limited edition smart bed. plus, special financing. only at sleep number. romaine: staying on the sidelines and flocking to havens. romaine bostick at bloomberg world headquarters in new york, kicking off to the close on this tuesday afternoon. let's get a quick check of the markets. the s&p opening lower on the day as did the dow, as did the russell, as did the nasdaq 100. the nasd

zari, who is actually a canadian of maracan origin , but she is fascinated by french singers miriam mathieungs this is very she feels sad enough, talks pessimistically about the fact that life is unfair and now you can have everything, and tomorrow nothing comes second according to the bookmakers, there will be a rapper who represents finland, his name is kariye well, his name is actually his era is mocked, and he uses his humor for the masses to irony, and the show is extremely bright, he himself calls him crazy . well, the bookmakers are sure that lorin will be on the first place, this is a participant from sweden who has already won the eurovision song contest and with the song euphoria, now she feels good in all interviews and he looks quite confident and, frankly speaking, he has no doubt that he will take first place . well, ruslana will perform like this in the grand final , she has achieved her goal, but they will not be playing the video live, which will be recorded in kyiv , how did the organizers come up with such a version that this will symbolize the union of liverpool and kyiv

transitional age. every day victor lanvin and also for the first time on the screen young screenwriters mathieu case port alexandre de slopellier antoni marciano and cross brothers based on the movie, it's devil's heart. composer fili producers dmitry rasan, her mother dolofort alexander gave nine reasons to live director kristoffette based on real events don't get paid like it's 6 euros okay try it. cards waiting for you at the hospital doctor yes, he is the one. undress, i'll examine you. who are you? pay no attention. this is his son, by the way, he doesn't smoke here. how are you clarissa how is the family wonderful? you see the boy. it's marcus, he's 12. congenital heart disease, plus a deformity. spine problem with kidney reflux, what is there, so what does it mean? the fact that he constantly suffers from pain it is difficult for him to breathe , swallow, go to the toilet, but he cannot be cured. i can only try to prolong his life and win back a little more time. i already found, but i don't fit. what can i teach him? i promised myself to do everything so that the boy lived, as long as p

joma value, we think -- joe mathieu, we thank you. tesla getting a nice rally. ford and tesla may be charging infrastructure. they go on twitter to discuss it. nvidia up 1.8% after the enormous rally the previous day, adding 180 billion in one day to the market capitalization. we have only seen that three times in history on one single day. a $50 billion market cap for marbella -- marvell technology, showing artificial intelligence is the way for chipmakers. a rally as it shows that artificial intelligence could be driving future revenue growth. let's get into the ai rally. $200 million to get from ad powered silicone and it is going to growth to for her to million in fiscal 2024. mandeep: talking about 800 million now,. one thing is clear inventory bottoming is cleaned out for most of the chip makers. for the chip figures, we made it with nvidia, raising guidance by 40%. we didn't see that kind for guidance rates. caroline: remind us where marvell is offering in terms of networking and the ability to service what is basically a huge computer needed by everyone.

were very expensive, therefore, in the stalls , fur coats and diamonds among the guests of the world mathieuhole clan of rothschilds and even arab sheikhs came. have you ever walked on orchids wrote voznesensky and i walked and it was on the stage of the theater and saved cardin in paris all the big parisian press is the main theme and note that they understood the parisian scene in this europe, er, with which the alarms are now electrified before the threat of nuclear war. here are the old stories. eh, the dramatic story of ryazanov's long-standing love sounds like a call for peace and harmony between people between people. your new century has begun. doesn't he answer forever? but the question of the consent of a person, realizing that the performance has been going on for 40 years, working in the center of voznesensky, remembering his impression, knowing that full house with which this performance is going. well, of course , i wanted to understand what caused the performance exists all 40 years, and we wanted to unravel and show today's viewer. what happened, then and thanks to whom this

let's bring in joe mathieu, the coso power on. for bloomberg radio, and the host of balance of power as well. what did you hear from speaker mccarthy that was new and different that gives us a sense of momentum into today's discussions. >> you are asking the right question. there is so much noise and posturing and bluster on both sides of this issue for so many days. we really have to be careful to focus on where the news is. as we listen to what speaker mccarthy just said, it's fairly positive. he is clearly expressing frustration about what is happening here. he thinks the president should have sat down many weeks before this process got started, but a couple of things jump out to me. he said we can make progress today. i will remind everyone that negotiators are back at the table, and the white house office building, as we speak, they are starting a meeting a couple of moment to go. i won't give up or default. that is the important take away. certainly from market watchers who are trying to figure out what is happening here. it

. >> bloomberg's joe mathieu there in washington.e will bring you more coverage of the debt ceiling deal as the morning progresses in the asia-pacific. now to annabelle for a look at market reaction. we will see a relief rally today. annabelle: absolutely that's what we are positioning for at the start of the trading week. the u.s. dollar in particular, given it has been the currency or asset that has really gained out of all this angst. still higher against the japanese yen above 140. trending lower against more risk sensitive peers. the aussie dollar in focus. overall relief but also thin trading coming through the session given u.s. u.k. markets shut for public holidays monday. u.s. futures pointed to a gain of .5% at the open. qe stocks already online trending in the green. the question, as you say, how long does all this optimism last? if you bring up the terminal we can look at the concern of this in terms of the u.s. cash balance that is now sitting at its lowest level since 2017. the treasury, of course, is about to replenish