i'm than merrill, star of a&es's hit tv show flip this house. over the past 14 years, i bought and sold hundreds of properties, built a large portfolio of rental properties, and became a self-made multimillionaire, because i created a system that allows me to get very predictable and profitable results. over the course of this program i'm gonna show you properties that i've made money on the past few months, and ones i'm renovating right now like the one behind me. real estate has completely changed my life and for the past decade, i've been able to share that passion through our live training events. these events have helped thousands of regular, everyday people get started investing in real estate the right way. which has allowed them to make more money and live with more passion and purpose. on today's show, you'll also meet some of those people and hear how they did it. and when you do, you'll feel a sense of excitement and confidence because you'll realize that by learning my system, you can do this too. like to introduce you to jenna hoove

very own max merrill how was miami and are you ready to get down to business it was great and i'm ready to rumble all right glad to hear it now let's start at the top bar in munich's robert levin dosti and kingsley coleman exchanged blows in training and head of the dusseldorf match coach nico box confirmed it happened but also said the issue was squashed here's some advice pick and choose your battles what about the fight to defend the title well both of byron's boxers were in the starting eleven who'd strike first and would it be the right target. after his midweek bass kings they come on picked up where he left off landing the opening blow after just fifteen minutes was the when his cross found its way straight into the goal by and ahead one nil. and just before half time come on was at it again this clinical heat from the twenty two year old making it through melted by and. munich's management were handing out the sweets early. in their sporting director the treats were perhaps a little sour and it got worse as certain aberdeen made it three nil after fifty five minutes and were in

european economist at bank of america merrill lynch.ad to the shores of lake como where it is shaping up to be a beautiful day. annual finance workshop. joining us, francine lacqua. who better to lead our coverage from this glamorous event? what is in store? rancine: a lot about finances and the global economy. it is really quite difficult when you look at some of the kerryes italy is facing yesterday, we had the amazing scoop saved when you look at growth, it was going to be a 0.1% instead of the 1% predicted. what does that mean for the budget? we discuss that with two former prime minister's and we talked to economists. we figure out what negative yields mean for european banks. we tried to figure out f intech and what they could do with a merge and how unicredit could come in. we talk about recession risks. it is almost like being on "surveillance," but with this beautiful view. much more from italy throughout the day. this is bloomberg. so with xfinity mobile i can customize each line for each family member? yup. and since it comes

another amherst man charles merrill kind of what we would call merrill lynch and merrill would seem and they would talk about it. coolidge was terrified because he is so conservative any new what a crash was, but he didn't see it as the president's role and neither did merrill. that would be a state authority. another factor was what that policy was and we all know benjamin strong, the great fed leader.com another fed had came and maybe the fed was to lose and that's an important discussion, but i don't blame this on coolidge in the lease. one of the important fact is you is look at is was the growth real or "the great gatsby" is coming out now, or was all champagne and a lie? the growth was real. most of it was real. the stock market went to high and people should have bought on margin but he was not a light of the decade, , which is something we learned in school. that must be revised and this is an effort to do that revision, to expose the true 20s. c-span: when did you first start being interest in calvin coolidge, do you remember the time? >> guest: in "the forgotten man," fisher t

coming up in the next hour, be of a merrill lynch -- in the next hour, b of a/merrill global head ofties research. a startup challenging starbucks aboutna plans to raise $300 billion for an ipo. starbucks has more than 3700 outlets there. job cuts are on the way at franklin resources. it plans to cut as much is 5% of its workforce. this follows continued outflows the last five years. franklin is a holding company that operates as franklin templeton investments. a massachusetts hedge fund manager is accused of taking $570,000 from investors to buy tickets to a taylor swift concert and broadway shows. , he also to the sec launched a fraudulent securities offering. the agency once a judge to free his assets. he has not responded. that is your bloomberg business flash. david: for the record, i like taylor swift, but that is a lot of taylor swift. $570,000? alix: they said broadway, too. "hamilton,"is a "frozen" tickets. i would make a down payment on a brownstone. david: buy a house. [laughter] david: we turn now to wall street beat. first up, what research costs under method two. resear

her spokesperson, adviser, nick merrill came out over the weekend and slammed buttigieg for -- well, is what merrill said about it, this is an interview in the wast post that was published in january, pete buttigieg says this, donald trump got elected because in his twisted way he pointed out the huge interest you believe so in our economy and democracy. at least he didn't go around saying that america was already great like hillary did. merrill's take is this is indefensible, hillary clinton ran on a belief in this country and the most progressive platform in modern political history. trump ran on false promises and vitriol. interpret that how you want but there are 66 million people who disagree. good luck. do you see what buttigieg said as indefensible? >> well, the "washington post" article that you just referenced was actually buttigieg trying to clean up some comments he made about hillary the week earlier where he criticized what he called her slogan, i'm with her, and said it was too candidate focused. i'm with her is not her slogan, stronger together is not her slogan. fans

another amherst man was charles merrill who founded what we would call merrill lynch and merrill would see him and they talked about it and coolidge was terrified. a person was so conservative and he knew what a crash was but he didn't see it as the president's role in neither did merrill. that would be a dates authority. another factor in that period was within the policy was. benjamin strong the great leader died. i do not blame this on coolidge in the least. one of the important factors and the only one you look at as was the growth in the 20s real or with "the great gatsby" coming out was at all champagne? the 20s most of it was real to the stock market might be high but it was not the lie of the decade which is something we learned in school. that must be revised and there's an effort for that revision. c-span: where did you first start being interested in calvin coolidge? do you remember that time? >> guest: in a forgotten man, the history of the 1930s was about how the government came in starting with herbert hoover and mess it up. beyond all the things who for dead bigger gover

still with us from bank of america merrill lynch. at emerging-market currencies overall, put that into perspective for what we're seeing in terms of world growth. >> we're seeing now is the china and itside of think it has to be positive for the global growth backdrop. the currencies have come under some significant pressure since until last moved year. the value still seems to be in emerging markets and the pace remains quite strong. when we thought to remain steadfastly bullish, and if you're looking for the big bang , must notably u.s. , it will betalks the flavor. stories, idiosyncratic but the broader base in the backdrop in asia particularly looks to be improving somewhat. picky so much, director of strategy at bank of america merrill lynch. let's get a check on what is moving today. here is bloomberg's emery. up higher today after a successful satellite launch for the company. ems the biggest gainer this morning, a swiss-based company. first order net sales came in 1.5% higher than the previous year. sapem higher this morning

the head of global economics research at bank of america merrill lynch.an, welcome back again. >> thank you. >> you ow, it's really econtent 1 wh 101 when you raise wages.at hat point do we start to see that creep into inflation nu ers, do you think? >> i think we've got a ways to go. seeing now t we're is more in the nature of catching up. wages have not gonep very fast in this recovery. it took a long time to get thet job marack to normal. right now there's a little catching up going on for joe six pack. i do thinkthe next two or maybe three years we'll see a more significantspillover into price inflation, but right now i think we should enjoy the improvement. >> now it also, does it not allow employers even in a tight labor market to be more w discerning abot type of worker they want if they're going to raise pay. they're going to have a lot of l ant, but they can be a little pickier. >> yeah. the firm, there is a real benefit here. not only do y get to pick better workers, but you retain them longer and you havemo much of an incentive to invest in the

i'm than merrill, star of a&es's hit tv show flip this house.ver the past 14 years, i bought and sold hundreds of properties, built a large portfolio of rental properties, and became a self-made multimillionaire, because i created a system that allows me to get very predictable and profitable results. over the course of this program i'm gonna show you properties that i've made money on the past few months, and ones i'm renovating right now like the one behind me. real estate has completely changed my life and for the past decade, i've been able to share that passion through our live training events. these events have helped thousands of regular, everyday people get started investing in real estate the right way. which has allowed them to make more money and live with more passion and purpose. on today's show, you'll also meet some of those people and hear how they did it. and when you do, you'll feel a sense of excitement and confidence because you'll realize that by learning my system, you can do this too. like to introduce you to jenna hoover,

preusser from merrill lynch stays with us.oming up later, we speak with the economic commissioner of economic affairs. you can catch that at 5:30 p.m. london time. this is bloomberg. ♪ ndon time. this is bloomberg. ♪ nejra: it is earnings season for big banks. jpmorgan kicks off this morning with net interest income. a key driver that is weaker supporters may have peaked. the group top lining declining from earlier, but against the global revenue trend is critical. the group's trading numbers may hurt the overall revenue picture. improved industry loan growth in the fourth quarter cook, however, the positive for the group. let's go to the bloomberg business flash now. viviana hurtado in new york. viviana? musk fight perceptions about the company's massive debt load. the company pays billions of dollars in yen. efforts have not swayed s&p and movies. boeing says -- and moody's. it still says the bond rating is junk. boeing says the upgraded planes cannot be use as what are referred to as high hotspots. says thean for boeing air

he is facing backlash there merrill.ammed buttigieg over this comment that he made in january to the "washington post" magazine. he said donald trump got elected because in his twisted way he pointed out the huge troubles in our economy and our democracy. at least he didn't go around saying that america was already great, like hillary clinton did. joining me now is hillary clinton's former campaign manager robby mook. robbie, good to have you on this morning. >> thanks for having me. >> so to be fair, buttigieg -- i don't know if you would say walked back the comments, but he did make a statement in the last 24 hours saying how much respect he had for hillary clinton, for nick merrill. just on that statement, what's wrong with that criticism that he made there? >> yeah, look, i actually think this is a great example of the kind of challenges that candidates are going to face this cycle. i actually think what's made buttigieg stand out as a candidate and will continue to make him effective as a candidate has been his futu

ultimately ran merrill lynch. -- david: these are all prominent african-american business leaders. robert: all prominent african-american business leaders. and all of them took the meetings. from there, they introduced me to other people to take meetings. i literally had 100 interviews in my fall of the second year of business school. i figured out that mergers and acquisitions was the only business i wanted to be in in investment banking. and i said -- because with the exception of warfare, it is how assets get transferred on this planet. it is a ceo-level discussion, a board-level discussion, a strategic discussion, and that was quite interesting to me. and i thought i could add particular value and insights into that particular business. david: the three jobs you had before you went to business school, did you feel any discrimination against you because you were african-american? robert: oh yeah. oh yeah. it is one of those in america, i have and still do. oh yeah. i remember a time when i was actually at air p

that millennials welcome and want to engage with, the cost going-forward is massively reduced. >> merrillis something that was launched years ago, a little like mass affluent. >> coming up next, cracking down, big tech coming under fire 'ldiuss enwel scwh closing bell returns. looked at chart patterns. i've even built my own historic trading model. and you're still not sure if you want to make the trade? exactly. sounds like a case of analysis paralysis. is there a cure? td ameritrade's trade desk. they can help gut check your strategies and answer all your toughest questions. sounds perfect. see, your stress level was here and i got you down to here, i've done my job. call for a strategy gut check with td ameritrade. ♪ >>> welcome back uk this morning taking another step toward regulating big tech companies. announcing a proposal to remove harmful content and ignited debating on how far regulation should go and how to pre-sfservn open internet. a poll found although most think of social media as divisive, a waste of tine ame and threat to privacy, most continue to use them daily and more

and welcome to news from the world of arts and culture robert merrill and joining me shortly will be the world renowned cellists lonard as also coming up. france's bread of choice the baguettes really full ingredients why is it such. to make. i think you've got too much clothing maybe elvis with over two thousand pairs of jeans and he really does need them. now when he was just a little boy. a box sweet for cello moved to so his mom very wisely sent him to a cello teacher now he's one of the world's top soloists and has before with old the major orchestras to great acclaim and he's even co-founded an entire symphony orchestra in bolivia. beethoven and bolivia. within just a few years of its birth you were cast to believe it has become one of the country's top orchestras co-founded by german cellist leo not. live in violinist. it was on a south american tour in two thousand and twenty.

hello and welcome to news from the world of arts and culture robert merrill and joining me shortly will be the world renowned cellist lonard engine broke also coming up france's bread of choice the baguette with only four and greedy and why is it such a to make. i think you've got too much clothing maybe else just with over two thousand pairs of jeans and he really does need them. now when he was just a little boy. a box sweet for a cello moved to tears so his mom very wisely sent him to a cello teacher now he's one of the world's top soloists and has performed with old a major orchestras to great acclaim and he's even co-founded an entire symphony orchestra in bolivia. beethoven cochabamba bolivia. within just a few years of its birth you were cast have got to believe it has become one of the country's top orchestras co-founded by german cellist leo not. live in violinist me. it was on a south american tour in two thousand and twelve that engine both met salazar and other young bolivian musicians and was struck by their passionate playing but also by their limited funds.

roll in merrill is next he has all your culture for you thank you very much for watching first here's a quick look a club a book for. so for. earth a home worth saving googling to yes tell stories of creative people and innovative projects around the world ideas to protect the climate and boost green energy solutions by global ideas seem by a new series of global three thousand on d w and online. only order is history the world is reorganizing itself and the media's role is to keep shifting cowards the topic in focus at the global media forum twenty nineteen the laboratory for the digital age. who are we following do we trust debate and shape the future at the doj of l.a. global media form twenty nine t. the place made for mines. welcomed johnson culture and today a lot of contrasts a look at how not cathedral can rise again and another house of worship where music is shaking the foundation. it's. we made it past in finland who's not letting any of his congregation snooze metal mass the decibel count is high. and also in contrast the quiet realism of lot of. home display here in the.

now to interview robin merrill is next with us and culture right after this quick look at a blow for. bursts . home of speech and it's. worth saving and. yes those are big changes and most start with small steps. is tell stories of creating. people into innovative projects around the world. use the current green energy solutions and reforestation. interactive content teaching the next generation into protection. using channels available to inspire people to take action. and rise of turning something new for next generation gloom monday as the environment series of global three thousand on t.w. and online. welcome to our culture french president amount of oil mccraw wants not completely restored in five years can it be done that's a question i'll be asking one of europe's top restoration experts in just a minute also coming up. the reigning queen of pop and of marketing beyond say drops a new surprise album at the same time as the new documentary is released. and why does sweden's connect fruit contain ink from a squint and has it gets a crunchy our resident baking expert a new corresp

financial future, then get ready because real estate multimillionaire and best-selling author than merrill, star of a&e's hit tv show, flip this house has one heck of an opportunity for you.

financial future, then get ready because real estate multimillionaire and best-selling author than merrills hit tv show, flip this house has one heck of an opportunity for you. for the last decade, you've seen than all over tv and now than's chosen to hold a free two hour live class where you'll learn how you can start making money in real estate on a part-time or full-time basis. you'll learn a step-by-step blueprint for flipping homes and buying and holding income properties that generate consistent cash flow. this is the exact process than and thhave used to get started

this is not our term, but one coined by bank of america merrill lynch analysts after they double downgraded u.s. steel stock from a buy to an underperform which was really wall street's way of saying sell. this is the second bashing this week. tuesday, credit suisse slapped it to sell and put a $13 price tag on it. at $16.76, it's hitting a two and a half year low. this was a $45 stock four days before president trump instituted 25% tariffs on all foreign steel coming into the u.s. since then, the stock is down 61%. formed steel has become more expensive but it hasn't exactly translated to people buying more u.s. domestic steel and that's pumping up prices here. they haven't really budged even though iron ore input prices are up 45% year to date. iron ore of course one of the materials used to make steel. u.s. steel therefore becomes a steelmageddon victim as it burns through cash and piles of it, as prices either don't budge or plummet. we need to bring in james bachus, chairman and founding member of the world trade organization appellate body. he just returned from china. china was reall

angst over the iran waivers priced into the market or is bankamerica merrill lynch right? you could kiss $100 oil. nejra: who is right on the stock market? recovery weeks of after 14 weeks of dropping and we are at over 100 on s&p and nasdaq. futures off by .1%. the bulls will say to you, valuations still aren't setting off alarm bells. the bears might turn around and say it has been led by big tech names, maybe valuations have gone too high for some of those tech names. on theount too much earnings. even though 80% of companies reported so far have managed to beat. it has been the best start to the year since 1987 for u.s. stocks. how much further can it continue and what will drive it? is the fed a wildcard? what if china doesn't put its foot on the pedal for stimulus? the 10 year yield on the 255 handle, down the basis point and dollar index, up .2%, a seven-week high on the dollar. what is underperforming in the g10 against the dollar, the aussie is down 1% at one point. aussie markets have been rocked by the cpi miss and who better to take us through the details than

. >>> also this weekend, people with bank of america, merrill lynch, or u.s.ccounts can get free admission to eight bay area museums including the oakland museum of california and the san jose museum of art. >>> bart says the long-awaited bart extension to silicon valley will open later on this year. a high-tech representative says this will be great for business and will also help calm the frazzled nerves of south bay commuters. >> great news for voters and tax payers. it's going to open $140 million under budget. yes, you heard that right. a government project that's coming in $140 million under budget. n under budget. >> some items still need to be worked out, including a maintenance and operation agreement for the stations that bpa owns but that bart will operate. >>> the warriors want to clinch the no. 1 spot in the west. and they're getting close. next in sport, scott will have highlights from tonight's games. tonight's games. >> this is seriously cool. a dream come true for a teacher from turlock. it happened when michael buble came down from the stage

high net worth channel through a feeder fund at a high net worth channel like an investment bank, merrillynch, you can get access to some of the products, but it is much harder for retail to get these products. longer-term, the door is water for retail. amanda: when you look at blackstone and appreciate that much will change in terms of it power and its ability to attract capital and grow, what do you think of his valuation at current levels given it is trading at record highs? >> the way miller get the valuation of the alts is twofold. what level of free cash flow can they generate on a five-your basis, and we also use a special methodology called some of the parts where you give a high valuation for the fee related earnings. if you look at where blackstone is today, pretty c corp conversion, you are looking at a stock that should've been in the mid-40's. now that they are c corp and ownership opens, there is potential upside to that. let's take it one day at a time and also remember, the long only's cannot own the stock until july 1. blackstone has a really nice day today. we think it w

"the washingto post" is reporting that steven merrill -- miller was unenthused about the nomination. a white house official said stephen wants to put attila the hun as director of i.c.e. ashley, how much i miller shaping immigration policy at this time and wha does it reveal to have this nomination pulled? ashley: stephen miller has alwaeen the driving force on immigration and throughout theid prcy, it seems the president will flirt a little bit with democrats, maybe offer up something on daca and when he's pulled back, it's stephen miller. the president's gut instinct is that far right, a position he's taken for decades, if you read his books, what he's said before. busit's stephen who has alw been doing this but to see this nomination pulled, miller is absolutely behind this. he was one of the people the president's ear about this and "the post" also reported that the president in the oval office told a group of people stephen miller is in charge of immigration now. while it was always the case, t have the president codify it in the oval was office, elevates stephen even more as we

steel was downgraded to underperform from buy atank of america merrill lynch and the analyst cited market conditions ha the u.s. and price target at >>8 andres were down 3% to $16.69. chipotle was downgraded to hold from buy and the analystci s a valuation after a 65% gain in the first quarter and the price target is $700 and it fell to $7.53. dr pepperas downgraded to morgan stanley. the analyst cites concern r abot growthes for the single-serve coffee business. the price target was $24 and the shares were off 4 hers to $26.87. >> still ahead, boeing faces a number of questions about its plane that's considered a cash cow for that com t' >>>been almost a month since the governments around the world grounding boeing 737 max and since then boeing says it has made progress, iy,hould on a fix for the plane's flight control system, but how long until the max is back in the a and will passengers be okay flying in it? phil lebeau takes a look. >> outside boeing's plant in renton, washington, 737 max jets parked waiting to be cleared for takeoff. at an event in dallas dennis mullenberg sai the c

if you have a bank of make, merrill lynch or u.s. trust card eight bay area museums are free for you on saturday and sunday. they are de young in san francisco, the legion of honor in san francisco, the contemporary jewish museum in san francisco, the oakland museum of california, the computer mystery museum in mountain view, tons to choose from. the san jose museum of art, tech museum of innovation in san jose and the napa valley museum in yountville. make a list and visit them all. >>> on the other hand, you might want to be outside. yeah. it could be a combination of both. visit a museum, get a little history, and then go to the beach. once that beach hazard statement expires at 9:00. until then, don't turn your back to the waves. we are talking about a westerly swell. that could mean higher sneaker waves out there, rip currents. south bay, peninsula, tri-valley in the 60s. very comfortable weather. aside from a little humidity, a little muggy out there, 66 degrees for the peninsula. check out san francisco. beautiful skies. i kno

elections it's still not clear who won the poll in istanbul early results but the main opposition merril candidate ahead of president or to one take a party which is now challenging the results election is seen as a test of popularity during growing economic uncertainty a parker reports from a. it is a city divided by more than the bosphorus strait istanbul is split in half into voters who backed president this ruling ak party and those who support the main opposition people's republican party the c.h.p. . that division was recently seen here at the ballot box in elections for a new mayor on march thirty first initial results but the opposition candidate. narrowly ahead of virtue and candidate banal yoder and. the c.h.p. party also won in the capital ankara but by a much bigger margin. the act party responded by contesting the istanbul result president claims that almost all of the voting in istanbul was marred by regularity so the high electorial board will announce the results and when they do if we have objections we will appeal wherever needed it doesn't matter whether we get a posit

this is one of the most popular dishes that we have at merrill as well as emeril's coastal italian. -autiful. - yeah, our next function is we're going to bake. and what we're gonna bake are these corn muffins. now i'm gonna put pulled pork and kimberley is just filling the rest with the corn batter. look at that folks. (clapping) oh yeah, look at that. now what we're gonna do, is we're gonna take one out, set it on a bed of coleslaw, cut our muffin, check this out. (cheering) oh, but, - yeah. - [emeril] you've gotta have your favorite barbecue sauce. (laughing) ah, yeah baby, that's what i'm talking about. slow cooking. - that's right. listen, chef emeril has taken some of his most popular dishes, served in his restaurant and customized them for the 360, so that you can make them right at home in your very own kitchen. (cheering) oh, don't mind if i do. - how was that? - mm, mm, mm. (laughing) - oh, did i tell you it has a toast function? (laughing) - how many people in our audience have a toaster oven on their counter, right? guess what, throw it away. (laughing) throw it away. we're

imported an average of seven point one million barrels per day up more than one point one merrill barrels b.p.t. from the previous week despite this big positive the market is still on edge and barely reacted to it as w t i take down by just half a percent joining us here to discuss is david make out of any c.e.o. of make of any financial companies and former pentagon official michael maloof. hey michael. so right now if this conflict continues to escalate iran have threatened to close the strait of hormones what are the geographical ramifications of such a move and what it actually need the cooperation of oman. the geo political ramifications would be almost instant overnight you would see a barrel of oil going up maybe five hundred to a thousand dollars because it would be cutting off something like thirty five percent of the of the oil that is. seaborne twenty percent of worldwide oil number one number two the instant disruption would probably have an impact on the oil exports for u.a.e. and saudi arabia which are the trump administration sought to fill the the absence of iranian oil w

it was the most terrible experience of his life really merrill was just nineteen when he was thrown into this prison in madrid . today it's hard to imagine the horrors that took place here during the fascist regime of francisco franco to force mayor to speak the police staged his execution . if you. want but when they point to pistol you and press the trigger with no bullet for this and that split second or two things can happen you can just damn air speechless like i did or you fall apart. or so the robot mayor fears that right wing populist are gaining support in twenty eighteen the far right box party took eleven percent of the vote and lucy has regional elections now the country is heading into a general election. battle i feel safe today we've but i'm very worried because a political force like vox is yearning for a time in which we lived under a dictatorship of. the far right the box party wants to unseat the socialist the crowd of vox supporters have come to this bull fighting are enough for a rally many have written the slogan spain for the spanish on their flags they want to ban

reports already involved corruption of the government of course and there was the son of bulls and merrill and yes well that he is involved in some kind of murder before he was elected presidents there is some reports about that as well so it is concluded with his style of politics yes it's like that so both trump calling for the the faint of socialism the two often compared as well politically where this intense dislike for socialism come from. yes so i think it served him let's say normal hunty kommunist attempt to touch it shoot which. or create it or which has assists historical fundament and the nine hundred twenty nine hundred thirty seven worldwide these socialist and communist movement was strong and the right we were pushed by some circles of the capitol list who said that we don't want the left wing movement let it be socialist a left wing social democrats a communist to grow up would like they prefer not to pamper troops support the rightwing movements who were totally unto human list. to get. some for us some relevant force against the growing working class and from it and this