would you please join me in welcoming michael lynch? [applause] >> thank you, patty, i thank you for coming out tonight to talk about treadmill. i'm going to start with a few remarks and then i will sit down and will have a chat with ian and a chat with you. so if you've spent more than five minutes or even just five minutes on social media, you will get the distinct impression that americans on either side of the political spectrum just don't like each other very much. and we may feel more polarized though there were actually are. recent studies show on a wide range of issues, americans actually agree almost as much as they disagree, but the same studies show increasingly we regard the people in the other party with suspicion and see them as uninformed, dishonest, immoral. and moreover, we know that they look at us in the same way. we resent them for it. the right calls the left a bunch of arrogant know what all scum and the left retorts well, that's just precisely the description of the person you elected president of the united state

michael: she said if. that is the key word for everybody these days. of bank oflle meyer america merrill lynchof bokeh capital --tners bow sticking with us partners bow sticking with us. coming up, trump warns of a stockmarket retreat should there be a democratic win in 2020. we discuss what is at stake in the white house race, next. this is bloomberg. ♪ pres. trump: i think the biggest risk is the election. i will be honest. i believe some of these people mean what they say. the truth is, we have no choice. the people we are running against are crazy. [laughter] pres. trump: they are crazy. alix: then he got a genuine laugh. that was president trump warning that a democratic win in 2020 would endanger economics. they believe banks and their executives were not sufficiently .enalized for the 2008 crisis ,till with me, michelle meyer bank of america merrill lynch, and kim forrest, bokeh capital partners. do you agree wall street is really a huge risk for 2020? i think wehelle: have to think carefully about this election. we have pretty stark views on both sides. we are not really talking about