the warning from mark -- michael burry from the imf.ave an interview with the bank of israel governor in the next hour. this is bloomberg. hi, i'm lauren, i lost 67 pounds in 12 months on golo. golo and the release has been phenomenal in my life. it's all natural. it's not something that gives you the jitters. it makes you go through your days with energy, and you're not tired anymore, and your anxiety, everything is gone. it's definitely worth trying. it is an amazing product. >> good morning welcome to bloomberg markets europe. i am anna edwards live in london. mark edwards join

comments as well from michael burry of psion capital suggesting he thinks inflation is peaking at the middle of next year. again, the china data, so consequential in terms of where we get to in terms of the pollution of the economy. the data suggesting cities on the ground, shanghai and beijing activity is starting to pick up. the fourth quarter data suggesting contraction, but on a weekly basis, in terms of transport that is starting to pick up in major cities. across the indexes, you saw in asia positive momentum in the session today. in hong kong, gains of almost 2%. futures in the u.s. fitting a different picture, gains of .7%. the japanese yen is the story for the day, mark cudmore will give us more detail, 130 on the yen, a 2.5% as markets position for the breakdown of yield curve control. and gold getting a leg up, the yen and gold both rallying, the haven bid in expectation softer dollar will be good for the elemental metal. a gain of 1.3%. let's get over then to mliv managing editor mark cudmore, you are looking at china pmi's and the yen? mark: yes, tom, good morning, two qu

manus: he's obviously had a cup of tea with michael burry in terms of the inflation shock that will bump us all on the head. stephen roach says we are underpricing once the fed hikes, we will have to hold there for a heck of a long time. how are your equities? dani: not the greatest start to the morning. s&p 500 futures, those are down .2%. they rallied yesterday but this is the interesting thing, despite cpi which many folks said confirmed the downtrend of inflation, stocks barely rose yesterday. it was the smallest reaction to a cpi print in a year. perhaps that macro force has lost some potency, perhaps everything is priced in. nasdaq faring a bit worse, down .4%. china continues to climb, morgan stanley wealth clients are very bullish. china had over $20 billion of inflows from foreign funds come in china after that october low. i want to mention fast retailing, the japanese owner of uniqlo, they missed on earnings. china covid hurt them, as did headwinds from stronger yen. manus: somebody needs to give a call, because they are not on the slowdown. give uniqlo a call, because i need

dani: it is so interesting and i am just now remembering earlier in the year we also heard michael burryay the same thing, the fed will cut, government will stimulate and we will get more inflation. interesting to see that narrative gain some credence. really wonderful to have you on the program this morning. skylar montgomery koning from ts lombard. coming up, we break down the big themes you need to be watching out for at davos this year. this is bloomberg. ♪ francine: the world's elite will dissent on dabo's for the world economic forum's first winter meeting since 2020. -- descend on davos for the world economic forum's first winter meeting since 2020. number one, this will be all about inflation. post-covid recovery crashed headfirst into surging cpi in 2022. supply chains stretched to breaking point and prices soared. the fed in central banks around the world responded with aggressive rate hikes, taking the possibility of a recession in their stride. but where they behind the curve? number two, shifting geopolitical landscape. russia's invasion of ukraine forced many nations to cho

even without china you have the likes of michael burry suggesting in the u.s. we will see inflation pick up again and the fed is maybe going to have to pivot again. >> interesting argument about that kind of trade-off between government stimulus and monetary stimulus from the central banks. if the central banks young restrictive and the government has put too much in to replace that may be fuels more inflation. that is definitely something people are concerned about. what we can say with more certainty is that area of the last decade or so have very low and controlled inflation. it seems to be over at least. we are thinking the consensus seems to be looking for a new paradigm where we have higher overall inflation, higher overall bond yields which may be attractive and healthy for some parts the investing community. more work for central banks to do. and more uncertainty and more of a risk we see that kind of up-and-down path for inflation like we saw in the 1970's if central bank the lessee makers are not able to get it shackled in again right away. yvonne: pa

earlier my colleague michael hoechls spoke about the case with john burris.s reaction to the released videos. >> rodney king was beaten badly. he was handicapped and handcuffed at the time he was being beaten. in this case this is pretty outrageous. you take all the beating he has taken and he was left alone, left alone to die and suffer in his own blood, if you will. there's that kind of disconnect in the sense we didn't care about him as a human being. what we did was he ran from us, and when you do run, you pay. that's the motto that this particular unit has, which is a very notorious way of policing and it's one we've made a lot of efforts down through the years to try to prevent. officers should know just because a person runs, that doesn't mean they should catch them and beat them and make them pay and -- >> i guess, you know, his family would argue he only ran because he was being beaten so badly after the initial traffic stop. lawyers for some of those cops, you know, i couple i heard say their client didn't physically take part in the beating. to you

michael green a pick up slack. he throws it down 13 point for green. then jordan poole, one of the mainstays. well, he did play. he burries this 3 from deep and the warriors had a 64 to 59 lead. halftime in the warriors. they just state kept their foot on the pool again with another 3 pointer from deep. he let the warriors actually with 32 points on the night. but then the calves they wanna 12 2 run late to get back in it. but that's when ty jerome watch this. he hits the pullup 3 point jumper and that's pretty much the dagger that did the warriors go back up 7 with one minute and 39 left. jerome finished with 22. the warriors get a huge road win one. 21 14 next up, the right back here at home with kevin durrant and then it's coming to see them. and then number 4 ranked stanford women hosted number 8, utah who are one in 30 against our band of year in the cardinal will make that one in. 31 now after tonight because stanford on a run tonight, nice pass from indiana. bar to cameron brate for the layup. bring finished with 25 points and 14 rebounds and stanford pulled away in the second. have hayley jones with the pretty sco