on today's jobs report with michelle girard. her forecast of 185,000 jobs added in june and july is below consensus. ♪ >> mrs. bloomberg daybreak. world bank of scotland has laid down the plan to reduce paying dividends decades after the government bailout. -- still subject to a final agreement with u.s. regulators -- emma: toyota is preparing for challenges in the u.s. market that could be hit by a trade war. sharpening focus on -- beat estimates. the company smashed its predictions in american sales by 50,000 vehicles. don't telldon't ask on the cbs quarterly earnings call. analysts heated a request from company executives and did not ask about the sexual harassment allegations against the ceo. he spoke on the call that did not address the issue. since the allegations cannot one week ago, cbs is down 8%. that is the bloomberg business flash. julie: thanks. david? david: how did don't ask don't tell work for the u.s. military? it sort of reflects the relationship between wall street and many companies, analysts. that they tread

our guest host today, michelle girard chuck, welcome to the table. o see you. >> thank you hello to michelle, too >> i know you two used to work together >> chuck, let's figure out what this does mean for the markets yesterday the markets gave back some gains on this this morning some continued concern about that we are talking about a pretty small move when you look at things overall how do you try and game all of this because it's a lot to digest >> it is a lot to digest markets certainly are taking it in stride. that's probably appropriate. certainly trump land did not convict the president. but there's some new wildcards now. it was quite a day when the market was crowning a new reigning bull and reaching new intraday highs at the same time that the president's fixer and former campaign chairman are both pleading guilty to eight counts i think cohen is the more interesting question for wall street he pled guilty we didn't have a full court trial. we don't know what evidence he has. and the risk there would be that he could absolutely cooperate wit

joining us for the hour, michelle girard from natwest markets.ood morning to you. >> good morning. >> thank you for joining us. andrew, thank you for having me. >> thank you for coming in on short notice, no less. >> >> alwaalways a pleasure. equity futures following a day where we saw slight gains. nasdaq up 0.6% the s&p up this morning the dow is up 76 points nasdaq up about 20

joe is out today also joining us for the hour is michelle girard from natwest markets.bout the u.s. markets. looks like there's rough sledding this morning. dow futures down by 182 points s&p off by 19. nasdaq down by 58. this is coming as we saw some weakness that started overnight in asia and spread through to europe a lot of people are saying this is because of the trade issues we knew about the heightened tariffs yesterday. you didn't see much of an impact yesterday. the dow was down by 80 points. s&p

michelle girard, net markets, and managing director, todd horowitz, host of the bubba trading show let me start with you. are we getting just starting in or winding down? how do you view it? >> will you share the trillions? there is no real answer to that. when the debt bomb decides to explode whether today, tomorrow, six months from now, i can't answer that question. as a trader i'm playing to the short side. as an investor i'm keeping my long position. there is no answer when it will end but it will end at some point. connell: michelle, to the point already been made, todd said it, phil said it, underlying fundamentals do look strong and brings up comparisons for as long as we've had. as long as percentagewise, pales in comparison to what we saw in the 1990s. the argument are we in better shape this time around and maybe have more room to run given how the economy looks and how the actual earnings for some of these companies look, what do you think? >> i have to tell you, i am seeing a lot of parallels to the late 1990s in terms of the economic backdrop. i think we're looking at a pe

we're live at the nasdaq market site in times square our guest host this morning, michelle girard fromkets. as becky mentioned, today marks the longest bull run in u.s. history. the s&p 500 has now been in a bull market for a record 3,453 days it is up 323% from the march 2009 low barring a 20% decline today we will continue that bull market run. >> 20% decline before we close today. >> exactly the january high -- >> not in the book

joe is out today also joining us for the hour is michelle girard from natwest markets. let's talk about the u.s. markets. looks like there's rough sledding this morning. dow futures down by 182 points s&p off by 19. nasdaq down by 58. this is coming as we saw some weakness that started overnight in asia and spread through to europe a lot of people are saying this is because of the trade issues we knew about the heightened tariffs yesterday. you didn't see much of an impact yesterday. the dow was down by 80 points. s&p off by a couple points we have seen things ratchet up overnight. china making comments like it's fully prepared for the u.s. threat to escalate the trade war. the mecommerce ministry there saying that china would have to retaliate. >> a big effect in the after-hours trade. >> you know where i learned about it >> where >> on a show called "closing bell." >> there you go. exactly at 4:30. >> i was watching. >> good to hear. >> just wanted to plug it. >> i'm grateful. >> let's look at what happened overnight in asia. you'll see that really a lot of the damage

joining us for the hour, michelle girard from natwest markets. good morning to you. >> good morning. >> thank you for joining us. andrew, thank you for having me. >> thank you for coming in on short notice, no less. >> >> alwaalways a pleasure. equity futures following a day where we saw slight gains. nasdaq up 0.6% the s&p up this morning the dow is up 76 points nasdaq up about 20 points. it's been a strong session in asia, shanghai up 2.74%. hong kong is up a percent and a half european equities up nicely. about a half percent or so a bit more than that for italy germany is up the better part of a percent. japanese real wages came in than expected overnight ten-year yield this morning at 2.95%. >>> getting closer to jamie dimon's 5%, but maybe not. >> not bursting through. >> we had 3% last week it will take some time >> his point over the last few weeks, interest rates are the big surprise to markets, but he says rates going up is a good thing. i don't think it's a big, gosh, this is terrifying >> that's true the important thing is what's driv