mike bloomberg, for instance. spent a ton of money and it worked, but he got hammered in the debate with stop and frisk and these harassment-related confidentiality agreements. what michael bloomberg needs is a strong runing mate. and that running mate, i thought about this a lot, should be -- denzel washington. [ cheers and applause ] you see that? you'd get a huge chunk of the black vote. and while a lot of women want a female president, you know what else a lot of women want? denzel washington. [ laughter ] that's right. bloomberg-washington. that's a strong ticket. okay. so that's what bloomberg should do. next you have joe biden, another old white man whose biggest problem is that he's not progressive enough. so who do we pair him with? flo. [ laughter ] energetic, woman, only person in the world with more commercials than mike bloomberg. she's got name recognition. she's literally progressive. she works for the company. [ laughter ] and if anyone can figure out this insurance mess, she's been on that for yea

make mike bloomberg. what do you think about mayor adams? do the right thing but he's overwhelmed by what is happening. part of it is he's been reluctant to go after biden. if write the mayor of new york, it sue joe biden. if i were the governor, i'd sue joe biden. it's his failed policies that are causing this problem. you have to hold him accountable every day. yes, they're all in the same party but doesn't matter. when it comes to protecting the people, you lead. like in new york city, you have to do whatever it takes. his heart is in the right place. he's overwhelmed. what can you do when you have over 100,000 illegals show up, many of whom who don't have any language skills at all. many of whom will go to the schools that we're already having a difficult time educating. so it's a tremendous disaster. this is new york. imagine in a place like texas where they have millions. >> martha: millions compared to 100,000. >> nobody cares. they're complaining because their taxes. they're complaining because there's americans being overrun because

and former new york city mayor mike bloomberg weighed in a new york times op-ed, saying the biden illustration has failed to address the steep price many cities are paying for a system they did create, and the border cities don't control. is the biden administration, geraldo, in your view to blame, or is it really congress that is to blame for failing to address this issue? >> i think they are both criminally negligent, congress plus the white house. they know what the at least temporary solution to this awful crisis is. you know, i just want to parenthetically is say i have a niece, olivia. she got a new apartment in gramercy, gramercy park area. it's a very expensive for a 400 square foot apartment. she has to walk over venezuelan immigrants to get into her new apartment. you know, they make noise at night and so forth and so on. i am 100% pro immigrants and pro immigration's, immigration rights. but when you have a situation where, why are they on the sidewalk? why are they working? it would be the simplest thing for joe biden to sit down, write an executive order -- i understand that the a

. >> former new york city mayor mike bloomberg, chair of pack nyc as it's been called, gave us a sneakdo you want to see here? >> want to see the families that were left behind. but new yorkers, americans. people of the world. >> elected mayor two months after 9/11, rebuilding ground zero is a priority for him then and still is today. he gave 100 $30 million of the total 500 billion dollar cost to ensure the center got built. >> why is it that a performing arts center would be the right thing, the final chapter? >> because you grieve for the families. we have to teach each other about what happened and how to prevent it again. and then you have to have a future. >> wrapped in nearly 5000 half inch thick slabs of marble, by day it is somber. at night a globes, a serene amber. , inside three separate theaters can be combined and reconfigured by looking, walls moving floors, and shifting seats. to create more than 60 different spaces. >> it's the place where people go to grieve and pay their respects. the museum is the place where people go to learn about what happened on 9/11 and never f

. >> reporter: former new york city mayor mike bloomberg is chair of the pac, and gave us a sneak previewee the families that were left behind, but new yorkers, americans, people of the world. >> reporter: elected mayor two months after 9/11, rebuilding ground zero was a priority for him then and still is today. he gave $130 million of the total $500 million cost to make sure the center got built. wrapped in nearly 5,000 half inch thick slabs of marble. by day, it's somber, respectful. at night, it glows a serene amber. inside three separate theaters can be combined by lifting walls, moving floors, and shifting seats to create more than 60 different spaces. >> the memorial is the place where people go to grieve and pay their respects. the museum is a place where people go to learn about what happened on 9/11 and never forget, and then the performing arts center is going to be the place where people come to celebrate life. >> which is what tony award winning performer and producer lachanze plans to do. >> when you first saw this performing arts center, what did you think? >> this is outsta

i remember mike bloomberg at the democratic convention, calling him a fake billionaire, words to that effect. >> i think the one thing we have not seen is if, in the coming months, there are criminal convictions, and he is a convicted felon, does that change peoples view? but this campaign goes on in stages. and in what we have seen is, as you pointed out earlier, with each legal setback, he gains politically. and he is a very strong position. and the irony of all of this is, he goes on trial on march 4th on the january 6th case. they say it will go eight weeks. you look at the primary calendar. he could literally we named the nominee of the republican party in a convicted felon on the same day. >> tony, how much do you think this undermines the former presidents persona as a real estate tycoon? >> we are so polarized now that i think, as david is saying, that for those who believe trump is being treated badly, they will continue to feel that. and for the rest of us, we will continue to believe that this is one more piece of evidence about who he is. it is a -- it gives new meaning to

it's a who's who, everybody from mike bloomberg to ken griffin, bill ackman, larry fink, our friend from blackrock, was -- had a private one on one by himself with zelenskyy right before. liz: wow, okay. >> jpmorgan and blackrock both are the financial advisers s. and here's what they're going to do, as important as it is to get u.s. money, taxpayer aid flowing to the ukrainians so they can fight, fight vladimir putin's aggression, private money is how the ukraine is going to survive and thrive in the future. and in order to get private money, reconstruction money that builds stuff, builds hotels, hopefully, makes ukraine a thrive thing economy -- thriving economy, you have to do stuff that essentially gives someone hope whether it's one of those guys or anybody else, hope of return on investment at some point. there's two things that stop the return on investment for the ukraine right now. number one is the war. we all to know about that. the war is at a stalemate right now. you know, maybe it remains as a stalemate. the eastern side of the country -- the western side of the country, by

former mayor mike bloomberg is weighing in, and the mayor saying we need the federal government to step in and help, lamenting he's not getting help. bloomberg says we have people that cross the borders, for bid them from working, give them housings, and seven years of residency before we decide if they can stay. totally separate from what we are reporting on in pennsylvania. we brought you on to talk about this and now solutions are being offered for this growing crisis. are we going to listen? >> well, no, there's an ideology at work here, which is the left ideology pushed by the democrats for many years, they believe, they sincerely believe in open borders. they think it's compassionate. think if you don't do anything to let anyone in you are somehow racist and not compassionate. but we see the consequences and you combine it with the points bloomberg made, the right to shelter, the welfare provision that is mandatory, but not the ability to work. it is an incoherent mess but the one thing that actually would solve the problem is to enforce the law, to actually make sure that legal i

and former new york city mayor mike bloomberg weighed in a new york times op-ed, saying the biden illustration has failed to address the steep price many cities are paying for a system they did create, and the border cities don't control. is the biden administration, geraldo, in your view to blame, or is it really congress that is to blame for failing to address this issue? >> i think they are both criminally negligent, congress plus the white house. they know what the at least temporary solution to this awful crisis is. you know, i just want to parenthetically is say i have a niece, olivia. she got a new apartment in gramercy, gramercy park area. it's a very expensive for a 400 square foot apartment. she has to walk over venezuelan immigrants to get into her new apartment. you know, they make noise at night and so forth and so on. i am 100% pro immigrants and pro immigration's, immigration rights. but when you have a situation where, why are they on the sidewalk? why are they working? it would be the simplest thing for joe biden to sit down, write an executive order -- i understand that the a

but was it reassuring, surprising to find that somebody like mike bloomberg believes that as well?t not surprising. >> tell you what. you can level the floor for us? thank you. >> reporter: the former mayor is particularly sited by the performance spaces adaptability. the three theaters can be configured in more than 60 different ways to feature theater, dance, music, opera, and film. >> now you have totally different venue. >> reporter: for the mogul turned mayor turned benefactor, this building is about more than the art inside. it's that art's ability to transform a place. >> we started out to give people a place to mourn, to remind us if we don't pull together we can't do amazing things, but we can, we can, against all odds and all of the prognostications really create something. the bottom line is, if there is culture here, businesses and people will move in to that area and follow it. that's why in the end new york can be reasonably sure is going to survive and do well. mass general brigham -- when you need some of the brightest minds in medicine. this is a leading healthcare

but was it reassuring, surprising to find that somebody like mike bloomberg believes that as well? so much dedication to see it through over the course of these 20-plus years, but not surprising. >> tell you what. can you level the floor for us? thank you. >> that's power. >> reporter: the former mayor is particularly excited by the performance space's adaptability. the three theaters can be configured in more than 60 different ways to feature theater, dance, music, opera and film. >> so now we have a totally different venue. >> reporter: but for the mogul turned mayor turned benefactor this building is about more than the art inside. it's that art's ability to transform a place. >> we startedous to give people a place to mourn, to remind us that if we don't pull together we can't do amazing things but if we can we can against all odds and all of the prognostications really create something. the bottom line is if there is culture here businesses and people will move into that area and follow it. that's why in the end new york, you can be reasonably sure, is going to survive and do

. >> mike from bloomberg television radio.n june, you forecast a 5.6% year end median federal funds rate and since then, you've more than doubled your growth forecast, lowered the unemployment forecast significantly. so what would justify the last move because the median forecast is for lowering the inflation and given all the known and unknowns that you face, how much confidence do you have, investors or the american people have ineo your forecasts? >> forecasts are highly uncertain. forecasting is very difficult. forecasters have much to be humble about. but to get to your question though, what's happened is growth has come in stronger, stronger than expected and that's required higher rates. unemployment, you also see the ultimate unemployment rate is not as high but that's because of what we've been seeing in the labor market. we've been seeing more and more progress i without seeing significantly higher unemployment, so we are continuing that trend. in terms of inflation, you are seeing the last three readings are very go

tonight the earth shot innovation summit which will be attended by the likes of former mayor mike bloomberg> coming up on our gma morning menu, what shannen doerty is saying about her breast cancer battle. >>> first look at consumer reports new car seat ratings and topics. >>> plus we have strategies to organize your home. one man is about to find out he's getting $1 million. all these people are here to help us out with the reveal. we're just minutes away from the big surprise. you stay right there and we will you stay right there and we will be right back. the one step that changed it all. the award-winning, fan fave revlon one-step volumizer plus. dries and styles in up to half the time. now, we're changing the game again. dry and curl, or dry and straighten, in one step. bouncy volume, high-shine curls, sleek style. the revlon one-step collection. show us what you can do in one step. reveal your bold. revlon. ♪ ♪ ♪ ♪ wherever you go. wherever you stay. all you need is one key. earn and use rewards across expedia, hotels.com, and vrbo. known as a loving parent. known for lessons that mat

chevron ceo mike wirth told bloomberg he now sees $100 oil as a real possibility. >> sure looks likeare certainly moving in that direction. the momentum, supply is tightening, inventories are drawing. these things happen gradually and you can see in building. i think the trends would suggest that we are certainly on our way or getting close. su: check out the price charts. the strength shows up in the strength of the oil futures in the curve as well as the year-to-date price charts. on monday the nearest brent futures contract was at a premium of more than one dollar to the next month. look at that most recent rise on the right-hand side. that structure known as backward decision is indicative of scarce supply. it is the biggest since november. traded here in new york also on a tear moving higher. even the most bearish of analysts are conceding that 100 a lot more likely, particularly when you consider the political risk of oil producers such as libya and nigeria and those areas heating up. haidi: our technicals also telling us we might be in overbought territory? su: yes. the techni

as we spoke to mike wilson about nominal gdp, you are looking at what we do at bloomberg economics andhave the new bloomberg economists survey. here is the interesting thing for september. economists are now seeing 2.1% growth for 2023. in december of last year, they saw 3/10 of a percent, so we have really marked up growth. it is coming in stronger than the fed had been dissipated. the study suggests we will see 3% growth in the third quarter, which would be lower than the atlanta fed gdp is forecasting, but that is up from august. some real changes to the way people are looking at growth. if take a look at the five-year forward, it has been pulled up by these growth forecasts. wall street is now expecting more inflation, is why you get people musing about the fed having to go much higher and throwing out silly things like 7%. tom: we can get in -- lisa:. i'm tereus new start -- lisa: i'm curious. when you start gaming that out, what do people say when people are talking about the toxic brew of student loan payments and gas prices? mike m.: we are looking at a big drop in the fourth q

discuss the figure cofounder mike cagney this is bloomberg.. ♪ sweat isn't sweet. it's salty. lmnt.ore electrolytes. zero sugar. you feel the difference when you get it right. stay salty. caroline: we wait with baited breath for potential statement to from the white house. president biden speaking about the strike action inc. underway -- underway. uaw voted to strike at midnight after negotiations force stellantis, general motors, ford all filtering. -- all fell through. >> we are ready for this as we dealt with covid and semiconductor storage and other supply chain challenges that have continued to persist from covid. our team knows not how to manage the situations -- knows how to manage these situations. caroline: president biden is addressing the nation. pres. biden: the past decade auto companies have seen record profits, including the last few years because of extraordinary skill and sacrifice uaw workers. those record profits have not been shared fairly in my view with those workers. just as the treasury department is released a report on think out the most comprehensive repor

bloomberg. ♪ alix: you are looking at live pictures of the principal room and coming up, former vice president and republican president candidate my tent -- mike moberg -- joins bloomberg. alix: one stop we are watching today, jeffries, the stock up 1% after reported -- they did say that there are some green shoots emerging and be like this because it is a nice bronzer to set up the investment banking world when we get to the big banks. guy: they come early and give us a taste of what is coming and they may be set the tone at jefferies and the numbers currently, they are not good but we have seen a pickup, and we see ipos and deals coming through. these green shoots feel early in the season and you do feel that given what is happening in the bond market and the turbulence we are seeing, do you want to come to market and bring anything to market with the turbulence in the bond market, the oil market and potentially the equity market and credit market? i wonder how fragile these green shoots are. alix: i no doubt -- i have no doubt we will talk about troughing with the banks. texas capital bank is the fourth largest one in texas and has assets a

blame for the strike on president biden and democrats, former vice president mike pence did that when speaking on friday to bloomberg heavy-handed effort with their green new deal use taxpayer dollars to drive these companies away from their traditional manufacturing of so many uaw manufactures. i think that's the problem today. ♪ sweat isn't sweet. it's salty. lmnt. more electrolytes. zero sugar. you feel the difference when you get it right. stay salty. i wouldn't have my business if it wasn't for my website. once i decided to go with godaddy, the process was seamless. i was able to create my website on my own. to have it be exactly what i want it to be. be able to integrate my appointment app. godaddy was able to provide everything that i needed. the whole image of who i am and what empire is is presented through my godaddy website. ♪ matt: this is bloomberg markets. the ceo of maserati says is still unclear what the long-term ramifications of the current auto strike which is what stellantis is involved in, will ultimately be for all of the other automakers out there. maserati is produced solely in the country of

we are going to talk to mike parra about that. this is bloombergthanks to avalara, we can calculate sales tax automatically. avalarahhhhhh what if tax rates change? ahhhhhh filing sales tax returns? ahhhhhh business license guidance? ahhhhhh -cross-border sales? -ahhhhhh -item classification? -ahhhhhh does it connect with acc...? ahhhhhh ahhhhhh ahhhhhh we can barely keep in stock. blendjet 2 gives you ice-crushing, big blender power on-the-go. so you can blend up a mouthwatering smoothie, protein shake, or latte wherever you are! recharge quickly with any usb port. best of all, it even cleans itself! just blend water with a drop of soap. what are you waiting for? order yours now from blendjet.com before they sell out again! alix: you are looking at live shots of the principal room. senator tommy turberville joins us at 5:00 new york time. this is bloomberg. ♪ >> we are actually seeing iron or imports year over year for imports of 9%, steel production continues to do well. the chinese will be overproduction this year. we are just in the beginning o

rejected pay rise proposal, we will get reaction from a republican presidential candidate mike pence, this is bloombergcontinuing to strike against ford, general motors and others as the uaw union seeks a dramatic reset of wage scales and working conditions. our global business editor currently joining us, it appears -- >> there is a huge gulf between them as we start off the week. let's step back, what the uaw has asked for is a 36% pay raise any 32 hour workweek that is unheard of in american manufacturing and over the weekend still lantus came back to them with a 21% pay increase. we have seen gm come with 20% we can infer from comments from uaw president sean fain who said that was a no go for still lantus. still lantus said it was disappointed and said it thought that was a compelling offer so where we are staying right now -- standing right now we are at an impasse. these are negotiations that could be worth billions of dollars and we will wait to see where they go. shery: do we have any idea at this point how long the strike might last and if it continues and drags what comes next? karen: this i

for an interview with former vice president and republican presidential candidate mike pence at 2:00 p.m. on bloombergrkers union start. the uaw tells detroit's big three a 30% pay increase to reach a deal down from 46%. the automakers came to 26%. we are almost there. craig trudell joins us. this seems reasonable. will it happen? craig: the way to think about this is as a floor the union wants to set. it also speaks to a grand plan on the part of the union. they want and at least 30% pay raise for members. and it to be able to take that number to workers at nonunionized plants whether that be tesla, nissan, volkswagen, toyota. they want to take a nice big fat number not only from say, for, if they are able to get to deal with them first and then to get to the other companies here in detroit. they want to take that to the rest of the industry and really turn this into a broader movement on the part of unionizing more of the auto workforce in the u.s.. guy: the devil is always in the detail and you don't have a deal until the detail is sorted. what is there still to sort out here? read k-pop i think th

that is what we heard from john williams earlier today as well, from mike mckee's interview at bloomberg world headquarters. after a down session it looks like there may perhaps be some relief in store but it is too early to say. unchanged on s&p and nasdaq futures. similarly unchanged on bonds. we saw yields come in edit today. crude oil has been rising and still sticking around $87 a barrel so we will see where that goes tomorrow. annabelle: just keeping an eye on what is happening in the asian outlook today because broadly when you take a look at futures we are pointing ahead to a weaker start for most of the region. otherwise some markets looking for some very modest gains. tech stocks will be the particular watch because it is still that day two reaction to china climbing down on the use of iphones among state employees not only within government state backed enterprises. that is a big focus. also keeping an eye on the impact of currency moves. we have the japanese yen still holding above 147. we heard from the suntory ceo saying be could reach 170. still a lot of strategists and in

this is bloomberg markets you're looking live at the principal room. the former vice president mikeat 5:00 p.m. i was on my bicycle the other day and the buckingham palace new neighbor is now open and ready for business. the peninsula new luxury hotel open its doors. and it has dice and hairdryers. -- dyson hairdryers. it's the first of many old to luxury hotels arriving on the next few years. the ceo clement joins us now. why are we suddenly seeing so many hotels open and london. clement: our company focuses on being the long term owner of hotels. we focus on the most important cities, tokyo, hong kong, paris. we have been looking at the tower of london but we were fussy about finding the right location and we signed a deal for this incredible location. it is part of a long-term strategy where we want to own and operate some of the most special hotels in the world. we try to make them exceptional. alix: the u.k. in particular, it is losing a lot of its allure as the finance capital. we've seen a lot of listings of london companies come to new york. i am curious as to why now the u.

coming up today on bloomberg television and radio, an important conversation with vice president mikec conversation of the day, barkin of richmond. michael mckee mckee will be in conversation with tom barkin. stay with us, this is bloomberg. ♪ ¡se fue la luz! pero todavía tenemos wifi para hacer las tareas. ¿y eso es algo bueno? wifi y estudiar. buenísimo. wifi y pedir una pizza online sería buenísimo. presentamos storm ready wifi. solo de xfinity. ahora puedes mantener una conexión confiable durante apagones, con datos celulares ilimitados y batería de respaldo de hasta 4 horas para mantenerte conectado. obténlo solo con xfinity. el hogar del 10g network. entérate más hoy. hi, i'm jason and i've lost 202 pounds on golo. so the first time i ever seen a golo advertisement, i said, "yeah, whatever. there's no way this works like this." and threw it to the side. a couple weeks later, i seen it again after getting not so pleasant news from my physician. i was 424 pounds, and my doctor was recommending weight loss surgery. to avoid the surgery, i had to make a change. so i decided to go wi

bloomberg markets. jon:the uaw strike is being politicized in washington as a concern over the biden administration's aggressive clean energy spending. here's what mikeld us last week. >> what i am hearing around the country is that autoworkers are very concerned about joe biden's green new deal heavy-handed effort to use taxpayer dollars to drive these automotive companies into electric vehicle production. you have 145,000 workers out there many of them build a lifetime making gasoline powered cars. jon: our next guest company is about to build america's first solar powered cobalt processing plant at its roughly 80% of critical minerals needed for ev batteries are sourced from china. the fact that not only you are building a solar panel -- solar powered field facility but one of the key components to making ev batteries i would imagine it's the kind of story in this environment to green transition that is gotten a lot of attention. what would you say about the government support you have received from this big push? guest: i think the government support really helps us but we were going to do this project anyway even without the government support.

coming up chevron ceo mike wirth joins us in studio for an exclusive interview. this is bloombergscover the magnolia home james hardie collection. available now in siding colors, styles and textures. curated by joanna gaines. fabulous surroundings... but everyone's looking at their phones for financial insights from merrill. is he hailing a ride to the concert hall? no. he's making sure his portfolio and retirement plans work in harmony. they want to adopt a child and build a new home. so they're talking numbers with their merrill adviser. she's not researching her next role. she's learning how to handle market ups and downs without the drama. personalized advice so impressive your money never stops working for you with merrill. a bank of america company. ¡se fue la luz! your money never stops working for you with merrill. pero todavía tenemos wifi para hacer las tareas. ¿y eso es algo bueno? wifi y estudiar. buenísimo. wifi y pedir una pizza online sería buenísimo. presentamos storm ready wifi. solo de xfinity. ahora puedes mantener una conexión confiable durante apagones, con da

a lot of analysts have been doing that but mike worth doesn't usually come out swinging that way. he did on bloombergusly robust quarter for the commodity. in the third quarter alone crude oil is up a massive 30% and rbob gasoline that is wholesale gasoline has gained 23 1/3%. today's countdown closer says investors should dive into the liquid gold mine. joining us 30 billion assets under management, market group chief strategist ryan detrick. prices are pretty much under the microscope for this because that is a big component of inflation after all and you think thousand is the time to get in on that? >> thanks, liz for having me back. we've been overweight energy for self weeks now. we don't buy the global resession talk, all the bad the economy is doing we won't buy that, right? we know there is not a tone of supply. we're overweight energy. there is room, it had incredible run when you look at crude oil maybe a well-deserved pullback. here is the thing investors should know. energy stocks are trading virtually where they were in 2008 a little higher. for 15 years energy stocks have gone nowhere.

mike wall is the s&p director of automotive analysis. coming up, u.s. student loan repayments due to restart this weekend. details next. this is bloomberg.is bloomberg. ♪ discover the magnolia home james hardie collection. available now in siding colors, styles and textures. curated by joanna gaines. jon: this is bloomberg markets. i'm jon erlichman with matt miller. we were talking with kailey leinz about the last ditch plan to keep the government open. that seems to have collapsed, making shutdown almost certain at this point. we will watch closely. it's a story everybody is watching around the world. we are watching it in canada because of our trading relations. liver going to talk this hour about the situation with student loans payments coming back. the white house had an update on that story today, $1.6 trillion worth of debt now on the table now. outside of that we have to figure out what happens on orchestrating that return to payments in a government shutdown. there are so many considerations so we will continue to watch washington. matt: it does look like we will see this government shutdown. one of the questions will be, how w

tom: between mike gurman and ed ludlow, it is world-class of bloomberg.ill. that fan duet will be with you with complete coverage of cupertino. somebody said today, is not a discretionary item anymore. it is a staple so that would be the right train? lisa: an iphone is in the staple may be an iphone eight, for a kid. the idea of not having to search for all of the attachments in the right cords. tom: that little attachment think always breaks. i agree with you, we don't like the europeans to tell us what to do but the answertom: that littt think always breaks. is, i agree with you that we need a more streamlined ubs, and accord. this market is terrible. we are going south. we have a legitimate world-class, short guy. this is bloomberg, stay with us. ♪ oh, oh, oh...i'll be the judge of that. oh, that's nice... oh!! searchable, verified reviews. that's better than the ham, and i've never said that. booking.com booking.yeah (aidyl) hi, i'm aidyl, and i lost 90 pounds on golo. booking.com i struggled with weight loss and weight gain my entire life. with all t

bloomberg markets" with alix steel and guy johnson. alix: it is 30 minutes into the u.s. trading day, tuesday, september 5. here are the top market stories. the problem with stocks. mike wilson says there is too much optimism in the market. the problem with autos. more competition and a potential worker strike in the u.s. what it will take for the stocks to shift gears. and a problem with oil. extending oil cuts through the end of the year. from new york, i'm alix steel with guy johnson. welcome to "bloomberg markets". it has been a pleasure. you look great. it is nice to see you back. we missed you. guy: i am back from greece where it is raining and very hot now in london. i feel like i am doing something right. alix: you made it through the strikes. guy: i made it. i think the story with strikes around the auto sector and with the airline sector, i think they are synonymous. these are industries that have pushed back really hard on their staff over a number of years and they are now paying the price. we have data coming in. we have got the ecb coming up next week. -2.1% out of the states. durable goods -5.2%. that is right in line with expectations. ex-transport com

bloomberg daybreak: europe." i'm kriti gupta in london. rent crude hitting $95 a barrel for the first time since last november. all thanks to a very tight physical market. the chevron ceo mike says it could return to $100 a barrel. asian stocks falling on concern that global central banks will stay hawkish. the federal reserve takes off its two-day meeting, the first of a flurry of rate decisions around the world. united auto workers union warns it will expand strikes at the big three u.s. carmakers if no progress is made by friday. let's check on the markets because everyone is in wait and see mode for central bank decisions around the world, most evident when you look at futures trading right now. european stocks perhaps taking some of that sentiment story from asia. similar story in u.s. futures. the real outperformer is the ftse 100 but not by a ton. i emphasize this because in yesterday's trade, the ftse 100 underperformed the rest of the continent, today the inverse. normal ahead of a flurry of central bank decisions in the back half of the week. as will we be watching the commodity picture. brent crude at about $95 a barrel, inching closer to $100. this doesn't speak

mike. chinese tech higher as china reportedly plans to ease restrictions on foreign investment in chinese publicly traded companies. china currently lifted total for ownership by 30% and a single foreign shareholder to 10%. bloombergeporting the country could ease caps in an effort to open the market and boost trading. that could benefit names like jd.com, alibaba. all names on the screen higher. al ba baba for example up 5%. all names tracking for monthly declines. >>> investors hilting the brakes on hertz, oppenheimer cuts car rental company to thes 21 a share from $25. analysts expecting lower revenue in the current quarter but maintain birating. utilization remains strong. shares down almost 10%. wow. >> thank you. >>> it's been a rough week for retail stocks with a group on track for its worst month since may. more kearns about health of consumer, more pain ahead for this space? ask senior analyst at bmo capital markets. great to talk to you. all had you was the stock charts in this group you'd thing things were lousy on the consumer front. look at like the bank credit card tracking data, spending volumes wage growths. seems not that bad. where do you come down in terms of a general state of play in terms of

mike mckee should get the last question. jonathan: that would be very cool. from new york city, this is bloomberg design possibilities. to find your personal style. endless hardie® siding colors. textures and styles. it's possible. with james hardie™. (announcer) enough with the calorie counting, it's possible. carb cutting, diet fatigue, and stress. just taking one golo release capsule with three balanced meals a day has been clinically proven to repair metabolism, optimize insulin levels, and balance the hormones that make weight loss easy. release works with your body, not against it, so you can put dieting behind you and go live your life. head to golo.com now to join the over 2 million people who have found the right way to lose weight and get healthier with golo. >> i don't think we are close. >> the services piece is much hotter than people expect and want. >> higher energy prices will continue to cool spending. >> the market is more worried about inflation than maybe needs to be. >> this is bloomberg surveillance. tom: good morning. it's the quiet hour on radio and television. nothing goi

mike mckee breaking down the decision for you at 2:00 p.m. eastern time, special coverage starting in about 1:30 p.m.. from london, thank you for choosing bloombergoyed. (♪♪) but it can be passed on to the next generation. (♪♪) >> i am matt miller, and for my friend, jon ferro. we are looking at movement in the markets ahead of a fed decision, the countdown to the open starts right now. >> everything you need to get set for the start of u.s. trading. this is bloomberg the open with jonathan ferro. matt: coming up, chair powell in focus. the treasury yields pulling back from the highest levels they hit