morgan responds, nice babe. steve does not reply. morgan says, you back in?es him final taunt, your backing out? when she says that he says, it's done, get here now. >> those text messages don't even seen real. they don't seem real. >> as incriminating as those messages sounding, morgan's defense was ready to press her case in court saying that she was no murder mastermind. >> i still don't think to this day that she had a fully formed belief that steve was going to do this. >> but the defense never got a chance. a few days into the trial, the police officers said something on the stand. here say that the with -- the judge sent everyone home. >> a missed trial at the low triangle murder case. >> for kevin's family, the delay was torture. more waiting for answers to questions they never wanted to ask. >> i wanted to know if he knew it was happening. i wanted to know if he begged. >> what did you want to know? >> kevin was so sweet, and kind. and i know he must have been so, so scared. >> the story of those final moments could only be told by steve chappelle. b

i love what morgan said. a lot of folks on social media, ordinary people and famous people are engaged in bad faith debates. they are not really trying to have a debate with you that a civil and respectful were you can air opposing points of view, which really teach people lessons. it's about palestine or israel, or will smith and chris rock. that is the positive of social media. there are some twitter threads i read, instagram posts or even if i disagree i think the person is coming at it in good faith. many people are not though. what they want to do for people who have a following like the folks here is drag you into some kind of debate with them and they are just trying to chase clout or chase something and using you and saying here is my hot take on what morgan jurgen said or what marc anthony neil -- that is the thing they do. we have to be wise enough as writers a lot of times to stay out of that as we opine and critique the community. kareem abdul-jabbar was talking about the will smith stuff. i have

commissioner morgan. >> yeah. chief o'connor, i want to say congratulations on the budget and on the covid numbers going down. that's good news. very good news. i dont know why we get these spikes. as soon as we let our guard down, here it comes. thank god it is getting better. maybe you can explain--probably dumb questions but with the leave of absence, in the human resources section of the report, i imagine these leave of absences are mainly vacations? >> various leaves of absence. military service, you can have for education, request for mental health, family reasons. a variety of reasons. >> talking about the leave of absence with pay, since we are mainly-we have some here where there are certain members off for a whole year with pay for leave of absence. am i reading that right? >> the page commissioner? >> 44. no that is separations, but yeah, that would be 46. intermediate leaves with pay for the time period of march 3, 2022 through october 16, 2023. maybe you can give me examples of these situations. >> wh

>> morgan: yes. >> tyrus: shut up. john cena is a saint. >> morgan: oh, are you buddies with him?s: am i buddies with him? iyeah? >> tyrus: no, after he shade stuff? no, he was a good guy >> kat: what about barry horowitz. >> tyrus: no he was a legend and did lose for seven years. >> morgan: is he jewish? i love that we have a jewish wrestler. >> tyrus: sure. sure. before we go. >> we're not really known for our wrestling skills so if we have one i'll take it. >> tyrus: you don't. i'll be at the theater in new orleans on november 4th and you can get tickets at ticketmaster.com and use the early access code nola tyrus or wait until tomorrow morning when they go on sale. up next, illegal immigrants are coming in groups, but the white house still won't send the troops. ♪♪ ♪ ♪ aleve x. its revolutionary rollerball design delivers fast, powerful, long-lasting pain relief. aleve it, and see what's possible. i would say that to me an important aspect is too... meta portal with smart sound. helps reduce your background noise. bring that sense of calm, really... so you come through, loud a

in morgan hill, len ramirez, kpix 5. >>> okay, a live look back at the white house. the biden administration has now declared monkeypox a national health emergency. that's a rare designation aimed at freeing up emergency funds removing some of the red tape to help everyone respond. >> joining us live now, ucsf dr. peter chin-hong. thanks for joining us. there has been a lot of criticism on the federal response to monkeypox so far. can you explain how this declaration will help? and is it coming too late? >> well, i think, ryan, the main criticism is speed. i think this declaration should have been made a long time ago. and the reason why is we need everyone coming together to share data. i think everyone thinks this is actually the tip of the iceberg. we actually have more cases. because jurisdictions and states don't have an obligation to report to it the cdc until it's a national emergency. number two, i think it will help with the three ms. so money, first of all, medicines. we have t-pox i think will be great if we have it under emergency use authorization instea

morgan.eel or a comment for us? >> i cannot hold a candle to guy. i said before that i'm not super high on the banks in general but guy hit the nail the head. investment services 90% of goldman's revenue and j.p. morgan more traditional banking. the one thing i would say relative to goldman is sparing the 345 in the base, it should be resistant so i would pay attention to that and you have seen the evaluation differential which was benefiting goldman, completely evaporate. i tend to agree with guy, longer-term, j.p. morgan is cheap and goldman is basically average and now expensive versus j.p. morgan so it may be a little bit of a longer-term perspective. >> what i have to add about goldman istrading is their bread and butter but are getting into management and more diverse revenue and it could lead to better things for long-term. i do also like j.p. morgan. if we are going to be in this period where we have a soft landing, banks could start to look attractive . >> but you like it is a bank b

i think a total failure. >> kayleigh: morgan. >> morgan: definitely help and inflation. >> kayleigh:lowering taxes and you can cover your rent with a reasonably paying job. >> kayleigh: exactly. it is that time of year. starbucks pumpkin spice latte is back. how exciting. it will cost you more than ever before. the ground a size goes for 5.5% to nearly $6 depending on the location and that is roughly 4% increase from last year that may be worth it. researchers say the reason pumpkin spice latte is so popular is because the flavor is closely tied to fall in the warm feelings of family, homecoming nostalgia that the season brings. cassie, we used to work together and ordered starbucks all the time and it is exciting. >> everybody freaks out but i don't like it too sugary and not my cup of feed but i would imagine the income will be going towards the public spice latte. and always need a spare for this drink. >> kayleigh: i saw you celebrating. to me it is a warm feeling and nostalgic. >> and very basic and i love the conch and stuff. a soy dress with leaves on it and so i will put pump

what are the rules goldman and morgan stanley are easing?this is around the idea of access to offices. morgan stanley has said testing requirements will no longer be enforced. goldman sachs is saying that vaccination status is no longer key necessity for getting access to the office when you are coming to new york from outside. it makes it easier for people to come to offices. that is part of the push by the office-based economy to get people back more than just one or two days a week, or last. -- or less. we still have very underpopulated office spaces in places like new york, london and frankfurt. a lot of places have gotten used to doing the bookends, mondays and fridays at home. it's the older people, the executives who are saying you should come back to the office more. tom: that generational divide will be a shock to the system for some. why have banks in particular been so keen to get staff back in? >> it is part of our dna, how we do business. you cannot really do what we do from home. you can for a while if you have to but once thes

if you look at mark: at jp morgan, sticking with the bu ll case, for 800 level on the s&p 500.n 18% rise from the close on friday for the s&p 500. he did mention that up to seasonality factors in the midterm elections, that will call some volatility. jp morgan they can we will see potentially a rebound in the second half. jon: thanks very much. let's go deeper. capital managing director joining us. what can you tell us about positioning? shaheen: --amy: we continue to expect volatility will rise from here. there are a lot of other reasons we think the end of the year will drive it. historically that doesn't tend to be good for stocks. if you look the vix, september and october is where you usually see it rise, at least for the last 10 years. katie: is at work -- worth -- is it worth hedging? amy: volatility has misbehaved. if you look today, even though we had a downdraft in the market, it is about the path taken to get there. i think that is why going back to question, you haven't really seen that many more hedges placed. that is not to say positioning will not be put aside as

morgan, next. this is bloomberg. ♪ >> this data allows us to breathe a sigh of relief. >> it is nothing that we are out of the woods. >> the fed still has plenty more work to do. >> we don't expect that we are finished. >> the fed is still going to hike in september. >> perhaps for 75. >> our goal is 50. >> 50 basis points. >> 50 basis points. >> looks like it'll be 50, 25, 25, which is a more motivated pace. >> still a ton of tightening. >> the end of this year, the federal funds range will be 3.25% to 3.5%. >> the market's not believing that the fed has yet done enough to bring inflation down anytime soon. >> this is just the first hint that may be inflation is starting to move in the right direction, but it doesn't change my path. rishaad: just a few of our guests reacting to the u.s. inflation read. let's get to the head of ajax corporate research at j.p. morgan. a lot of debate over all. we look at what has been happening on the yield curve, with 2's and 10's particularly in focus here, the la

"thank you very much, i really appreciate it," morgan says. fights don't end with, "thank you very much, i really appreciate it. you've never seen a 10-minute fight sequence in a movie with the rock and vin diesel punching each other on top of a train, dodging bullets, laying flat when they go through a tunnel, popping up again, doing a windmill kick to the other guy's face that sends him flying off the train, leading the other guy to relax and assume the fight's over, only to realize it's not over because his nemesis climbs back up onto the train after having clung to a door handle, so they fight for another 10 minutes until both of them wrestle each other back and forth and fall dramatically off the train as it crosses a river and continue punching in midair as they plunge 100 feet into the icy rapids, which send them tumbling towards a waterfall where they cling to a rock until they lose their grip and then they grab on to a tree branch, narrowly escaping death, and then they turn to each other and say, "hey, man, that was a great fight. th

jp morgan, they look at the data to 1970, ok?say history shows in recessions, equity markets rally by 11%. so you know, there is a catharsis if a recession comes because it emboldens policy decisions, doesn't it? dani: it does. at the same time, you have to wonder. stocks had to catch up. have bonds already gotten there? we have seen a move up in the front end, two years at a 2007 hi. you start talking about peak bonds yet, or is that premature? manus: no, i'm going to show you a bear market. almost a bear market, i should be careful. the gtv library, the global bond index tanking for the first time in a generation, you see a bond market, always a blood red sky, dani burger. dani: that is a painful one. that is a chart you want to save and pull up any time you want to be humbled. "bloomberg markets europe" is next. ♪ this is xfinity rewards. our way of showing our appreciation. with rewards of all shapes and sizes. [ cheers ] are we actually going? yes!! and once in a lifetime moments. two tickets to nascar! yes! find rewards lik

morgan, it a really surreal and douglas morgan has been a trailblazer her entire career.he state of nevada, served on the nevada state athletic commission and was appointed the first chairwoman of the nevada gaming control board. now she's the first black woman to occupy the president position for an nfl team. i'm going to go in and do the best thing that i can with the raiders not going to let my gender or race. >> you know, the fact that i'm a mother, anything else kind of get in that way. it shouldn't come as a shock that the raiders organization is the one to pave the way like this. former raiders owner al davis was known for promoting and enforcing diversity in the league. >> hiring tom flores, the first latino starting quarterback in league history in 1960, who would go on to be the first latino head coach. he also hired art shell, the first african-american head coach in nfl history in 1989 this recent move to higher. douglas morgan shows a clear desire from current owner mark davis to carry on the legacy. his father started happy to be a part of such a historic or

i'm morgan norwood, abc news, los angeles. >> just devastating. morgan, thank you. >>> kevin hart and sylvester stallone are among the celebrities accused of violating southern california's water restrictions caused by the drought. that's according to the "l.a. times," which also says former nba star dwyane wade exceeded his water budget in june by about 90,000 gallons, or 1,400%. more than 2,000 residents went over their monthly water budget by 150%, but celebrities such as stallone and hart were above 500%. properties associated with kim and kourtney kardashian also made the list. >>> tom brady's 11-day hiatus from training camp is now over. the now unretired tampa bay quarterback was back at work monday after what he described as a prearranged break. and according to pro football network, he was actually spending time with his family in the bahamas, including wife gisele. >> you know, if you win 40 super bowls, you can do whatever you want. >> couldn't he have gone maybe before training camp started? >> he knows that offense better than the coa

it was also hard for morgan to listen to. some days she wished she had come to court. crucial moment in the trial. >> when i found out that tammy was going to testify, i really wanted to be there, because i do look like heather. and she ran into me in the hallway and it was the first time she had other ever made eye contact with me, and then up close and personal with. me, and i could hear her audibly gasp. >> but when tammy took the stand, she seemed confident, ready to tell her story. she told the jury she wasn't a ruthless kidnap or. she was a mom. >> my youngest is on the far left over there. >> and she was a wife who'd found out her husband was cheating on her. initially, tammy said she texted the other woman's phone number to find out who she was. >> the messages were never directed towards heather elvis, they were directed to the mystery person. i just wanted to know who it was. >> at the end of the day, tammy said the only reason she was angry with sidney was because he wasn't forthcoming about his affair. in their marriage, they had an arrangement. >> i said i

equity strategist at morgan stanley is saying. michael wilson is one of the biggest names in stocks on wall street. is big news is we have not seen the bottom. we have been struggling to find footing post jackson hole. then you have that anxious wait ahead of the jobs data. >> june was probably a low for the average stock. but the index we think still has to take out june lows. we have used 3400% of the gross recession or soft landing. a proper recession would be close to 3000. the numbers actually come down quite a bit further. >>'s basic claim is that investors are being too optimistic about earnings. he says multiples will start to come down as earning start to be cut and somewhere in the middle of the process you will really see the bottom here. he sees that between september and december. he says investors are too preoccupied with the fed. he says they will always be late by design because they always focus on backward looking data, the labor market at inflation numbers. >> inc. of america says markets are under at his mating

is jp morgan ceo jamie dimon right in saying there's some truth to china's claim that the u.s.zy. results at the end of the hour. cannot wait to see how that turns out. >>> up ahead, kobe bryant's widow vanessa testified in federal court yesterday against los angeles county having brought suit because of first responders who circulated grisly photos of the helicopter crash scene that killed her husband and daughter. the sharing of those pictures we can all agree gross and indefensible. here is the harder question, why do people look? formulated with nourishing, prprebiotic oat. itit's clinically proven to moisturize dry skin for 24 hours. aveeno® i brought in ensure max proteinin, with thirty grams of protein. those who tried me felt more energy in just two weeks! [sighs wearily] woo-ho ensure max protein. with thirty grams of protein, one gram of sugar, and now with two new flavors! monster was attacking but the team remained calm. because with miro, they could problem solve together, and find the answer that was right under their nose. or... his nose. we strip in the communit

good to see you chief. >> thank you commissioner morgan. >> mr. vice president. >> thank you madam president. thank you very much chief nicholson. since we're talking about this subject matter and i realize there are more reports being presented this evening, and we're talking about the comments on the teams that are out there, the ems teams and the teams that are out there, and i know that there's an adjustment that we're going to make with the new ems -- excuse me, with dc four with their individual presentation and the ems is part of chief postel's report but i know there's a separate report on that but i wanted to comment as a commissioner. we read periodically from the public through the department and the commission and various information up and dates andin had a note chief that we confident an update about ems friday august 19. again i won't go into detail. it was written by [inaudible] captain jennifer shirakawa and matt fluke and i wanted to let you know when i get the emails and updates i take the time to read it because there's so much

a few blocks from the morgan hill community park. police say castillo was involved in an argument with a group of people before the shooting. it's now legal to possess a used catalytic converter in south san francisco. the city council is trying to make it more difficult for thieves to sell them as the bay area seen an increase in thefts. kron four's amanda hari talk to police about how this could help. >> it's a real problem. it's not just a real problem in south. there was a school. it's a problem with the county. it's a problem it in the state of california as well. >> a problem that's costing victims thousands of dollars. south san francisco police say people are often left paying about $3,000 for places stolen. catalytic converter. but the problem isn't limited to one area. these are photos of converters recovered by san mateo police on august 4th, this security video shows a thief in vallejo literally lifting the car off the ground to take someone's converter between january of 2021. >> and >> this year we've investigated 433 c

, a shooting at a six ags great america leaves at least three hurt new details just ahead >>> our morgan chesky is live in ukraine with new reporting surrounding the people at the front near that embattled nuclear reactor. >>> overnight actress ann heche was removed from life support after doctors found organ donor recipients she was 53 years old >>> a fireworks house exploded, killing at least one and sending bay area bystanders fleeing for cover. >>> it's been a summer of sharks, sightings, encounters, even a few attacks one group is hoping to learn more about these incredible creatures. "early today" starts right now good morning i'm phillip mena. >> and i'm cori coffin glad you're with us. and breaking this morning, three people were injured in a shooting outside of six flags great america in gurney, illinois that's north of chicago. in a statement, officials say shots were fired from a car in the parking lot before the driver sped off. fearful visitors hid before police evacuated the park which was closed for the day two people were taken to the hospital while a third person refused

this is economy by morgan stanley is going to be true. oil prices drop below $90.00 and i'm the export growth by 21st. if that happens in debt is certainly going to be the strongest economy in asia. but having said that, the fact is that india has done very well in the last few months, especially because india has been gain extra digit independence, resolve the foreign policy international trade of the fact that the need to countries having pressurizing india against buying russian. why that discounted prices, i think is something to be going to do it here in the i did not buy funded by the shop in yellow, went ahead and bought russian crude oil, which has been in the did the economy and it has head in get it got all the losses that it and go doing the go no, by this time no fact is that the west has been rising india against buying not only why from russia, but also on st invitation. and the system just just happens to be the biggest supplier pharmacy emission to india. we continue to work with them to ensure that they understand that it

she'll let me skim zulema, morgan, the acoustic. don't you see morgan? disco christie is this bill a night in the resolution of my dealer. she thought that he insisted that the y sheila, he'd do him could wasn't a c at the dog that you need to talk about. my dad got to sing discontinue was all this could be a night in the garage eat. just give you a little while you're in the exhibition of crime. yes. just really shallow. it. yeah, shows isn't your, my sparkle. lay a bill for the long gave common get absorbed up 3. it's in rubber. so on my water out my shoulder. and after my teacher ski nymphs build massive alpha out middle ye, no for time. there's ronnie knowledge from whole was i just like o chilly. those now was thought that you whole as i and was thought as those new b m moon as follows. in a flanger, but he thought that as follows on it back though i knew mo chart stop in years now . yeah. again, afforded site your volume. it gave it so, but, but on of minnesota e are those and thus below defeat faxed on merger began. you been in touch with barry au

morgan morgan tax. why we don't respect that reality the way we demonize the huge players.there is good to be no limen trilogy on broadway about the rise and fall about brown brothers because the story is not dramatic enough and it does not satisfy the craving for heroes and villains that in many ways you don't want heroes and villains to be the one driving the financial system who are serving society and serving themselves and their clients in fraud inculcated and probably constantly needs to be looking themselves in the mirror and self-aware but nonetheless in many ways that, that relationship between elite society if you've got a lot you need to give a lot and to be mindful of this and the power of what you're doing not just to enrich and create but to create disturbances in the force and we would all bes better served bya more balanced capitalism with brown brothers overture 20 years epitomized representative came to very much love. i think that will be my formal presentation. now we can turnn to questions. >> before we turn to questions, ask a question with a chat func

>> i know you are a big fan of morgan stanley, morgan stanley is in the trust and i'm looking for exposure to a financial market but one of the first guess you had from blackrock, i've always been impressed with him, what do you think as blackrock compared to morgan stanley. >> the investing club is meant for people like you. we have morgan stanley, the yield is a little higher. they are doing a magnificent job at morgan stanley but you are right, larry fink from blackrock, he knows they are both great companies. let's go to jack in maryland. >> hey captain kramer. it's a pleasure to talk to you. bring a subset of your crew down. >> what i say to my crew is bait me. >> i'm an engineering physicist and seeking a little insight into technology. one company that is in my portfolio that i'd like you to comment on, the old spinoff msi. >> i have felt and thank you for the kind words, that i have missed the boat on this stock so many times. it's so good. here's what we're going to do, we are going to invite the ceo of motorola solutions to be on next week. that's a game changer. there's a lot of

i think that is what mike relative morgan stanley -- mike wilson of morgan stanley alluded to. it is the quality for the conviction of belief of the earnings will be, and there is one important stock with earnings. jonathan: lisa, can we see more of that in the second half of this year? lisa: he thinks probably people are too long because the charts don't lie and he sees a peak and commodities and a rolling in this. this really goes to the heart of the issue right now, which is the only way for the fed to combat supply had been driven in vision is to curb demand in tandem with how much supplies are down, and we don't know what that is going to do, but it is going to be bearish for a whole host of industries. jonathan: this market needs to focus on the damage done to growth in the meantime. futures down 6/10 of 1% on the s&p. yields lower by a couple of basis points. the focus on potentially landing in taipei with speaker pelosi on board. that landing could take place in around about two hours from now. from a beautiful new york city, this is bloomberg. >> keeping you up-to-date

thanks, morgan. we'll talk soon.r zuckerberg revealed facebook limited distribution of the hunter biden laptop story. is it a coincidence? >> sandra: former fbi director chris swecker with more on that in just a moment. t more energy in just two weeks. uhh... here, i'll take that! yay!!! ensure max protein, with 30 grams of protein, 1 gram of sugar enter powered by protein challenge for a chance to win big! are you a veteran, own a home, and need cash? you need to know about the va cash out loan from newday usa. it's called the newday 100 because it lets veterans borrow up to 100% of their home's value. not just 80% like some typical loans. that extra cash can make a huge difference in these times of skyrocketing prices. here's more good news: home values have skyrocketed too. that means even more cash! take out an average of $60,000 to pay down your high-rate credit card debt, consolidate your second mortgage, personal loans, and car loans, and lower your payments by $600 every month. best of all, there are absolute

at least that's my understanding of morgan. i meant that i have not read everything that morgan wrote so i don't know 100% but i think that's where you put the he puts most native americans in barberism or kind of savagery into barbers. that's kind of where he sees native americans, but i don't know if he would necessarily classify. so the civilized tribes. i think you would say are imitating the civilized that may not necessarily. be civilized. a good question. these are fantastic questions. so morgan is obviously not the only person out there and his ideas are not the only ideas but they are representative of kind of a notion a set of ideas and this idea that native americans aren't necessarily civilized or they're on maybe an earlier edge of civilization. and that one of the things that could be done is to help progress them into the civilized era into the modern world the civilizing mission, which will actually talk a lot about as we go through the rest of the semester this kind of notion of kind of what later. individuals

kriti: of course a call that mike wilson and morgan stanley chairs as well.et's talk about the bowl take for the stock market. we talk about recession in europe and in overstimulated chinese economy for example, does that not have the idea of buying now, because they will support the market leader? -- later? linda: that is a good point, the united states is essentially only -- the only place to invest these days with europe looking at a tough winter and fall coming up and china still struggling with the zero covid situation. money does come to the united states. the bowl case would be that we can see the next cpi report coming and show potentially that the inflation rate is coming down. and coming down enough to where the markets can say maybe the fed can slow the interest rate hikes and in the meantime, there is no other country to invest in the united states. we still look good. on the expensive side of what will be a wide range for some time. kriti: what does that mean for the liquidity perspective as well? linda: it is a mystery. another big concern in th

any scheme, zulema morgan lee. of course, just honestly morgan disco christie? is this a bullet made in the resolution of my dealer? she thought that he says that the work sheila redo them, could wasn't a see at the door. they didn't see me. what's going on with my dad got to see business. congenial was all this could be a night in the garage eat. just give you a little while you're in jackson. michelle crime? yes. just really chill over it. yeah, sure. jesus on your most bottom, lay a bill, put along, gave common get absorb threats and robber shawn. my water out wash, hold audrea. and after my teacher, skin nymph bill, nothing else out me die neobitz. i'm as ronnie, nope, is from whole reside yes. back all chilly. those knowledge thought that you whole is i can't was but as long as new b m. m as follows enough longer, but he thought that as follows on it, back on you mo chart tobin yes now. yeah, dana jolla site, your volume, it gave it so, but brown of minnesota e are those and thus beloget iq touched on more than you been in touch with barry aud better, but h

morgan. he wrote a book in 1877 called ancient, the title is, it's a 19th century book, so the title is forever long. we just call it ancient society. and basically, what he's talking about through kind of studying kinship relationships and such is that all societies move through a uniform and identifiable path into civilization, from savagery, to barbarism, to civilization. and savagery, he identifies as kind of that hunter gatherer kind of lowest rudimentary level of technology. very little in terms of hierarchical social organizations, but it's the start. in his mind, it's the most primitive. and then you move into barbarism, which you might see as analogous to bronze age technology, right? the use of, you know, smelting technology to create, first of all, iron tools and then into bronze, then more intricate social organizations. more sedentary lifestyles. his vision of how this works it is based in technology, but then also in sedentary life. so, for hunter gatherers to more permanent soc

a morgan their course gift. honestly, morgan disco christie? is this a bullet made in the resolution of my dealer? she thought that he says that the rock, sheila redo them, could wasn't a c at the or they didn't see me. what dr. what may, it doesn't like to see this is can she knew it was all this could be a night in the garage, e. trish yeah, you a little while you're in jackson? michelle crime? yes. just really chill over it. yeah, sure. jesus on your most bottom lay a bill put along, gave common get absorb threats and robber shawn. my water out, rush, hold audrea. and after my teacher, skin nymph bill, nothing else out me die. no for 10 as ronnie nope. is from whole reside. yes. marco chile, those knowledge thought that you whole is i can't close that as long as new b m m as follows enough longer. but he thought that as follows on it back though and ye mo chart tobin yes. now, yeah. den accorded site your volume. it gave it so, but brown of minnesota e are those and thus beloget iq faxed on more than you been in touch with barry aud better,

taylor: joining us now is jp morgan's kelsey barrow of morgan stanley and two others. i know we are always focused on the rates markets. i am looking at an equity market that appears to be caught off guard. what did you glean from powell today? >> he basically undid the mistakes he made on july 27 at his press conference. then he said the fed was oddly close to neutral and they would abandon forward guidance and the market took that as a signal the fed was going to pivot. that they were eventually going to raise rates a couple more times, stop, then cut rates in 2023, launching the big rally we see over the last several weeks. i think what he did was pull back that today. he said wherever we are going to go, we are going to stay the course. so maybe they raise rates 75 basis points more, maybe they raise 200 basis points more, we can debate that. then they will stand and hold on that for a long period of time, in other words no pivot. the market i think was taken it back the fed is not going to be as accommodative as they thought 48 hours ago. taylor: do you agree, is

morgan, this silver dollar series was minted from 1878 to 1904 and then again for one year in 1921.ht and has a 90% silver content thereby containing over three quarters of an ounce of pure silver.

morgan or morgan stanley.but why it is we don't respect that reality the way we illini or demonize the huge players who come too close to the sun or not. there's going to be note trilogy on broadway about the rise and fall of brown brothers are stories not dramatic enough and it does not satisfy this craving for heroes and villains. but in many ways you don't want heroes and villains to conflict driving that financial system you want people are client dedicated, honorable people who are serving society, serving themselves, serving their clients. guess they are flawed, complicated, constantly need to be looking themselves in thehe mirror and self-aware. but nonetheless in many ways that is the lesson i took from this. that relationship between elites in society, if you've got a lot you need to give a lot, and to be mindful of risk. mindful of the power of what you are doing. not just to enrich and create but also create disturbances in the force. i we would all be better served by a more balanced capitalism tha

they just think it is jp morgan.tiful walk-through of how different rights of a major bank and all of the major banks can disagree with each other. they agree to disagree. jonathan: different views. tom: yeah. jonathan: walmart's ceo is speaking right now. lisa, we might have seen more middle and long-term shutters according to the ceo. lisa: which is a benefit for them considering the fact that they want the higher margin items, not just the grocery items. how much are they going to compete with amazon? we didn't even talk about a paramount plus purchase by walmart to try to get subscriptions up. tom: -- mustard at walmart is $5.83. jonathan: you tune into paramount plus for italian football. lisa: are you getting the walmart inscription? jonathan: i don't know what that is. i would have to have walmart prime? do i get free italian football? i will try. walmart is up in the free market. from new york, this is bloomberg. leeann: keeping you up-to-date with newsom around the world, the european union said a proposed b

morgan hill police found a skimmer attached to a bank of america atm.is something we use our cards for. these things are getting attached to commonplaces. the advice is to be vigilant anywhere in the bay area when you come across a card reader. abc 7 news. kumasi: the white house revealed more about how much president biden's loan forgiveness plan will cost taxpayers. jobina: they say the plan will cost $24 billion. 75% of borrowers take part. the cost could be higher. people continue to debate the plan. republicans blasting it, many of them, saying it is unfair to people who have paid off their loans or never took loans to begin with. democrats are throwing their support behind it. >> what is happening in america visit is working great if you are born into a family that is wealthy. it is not working great for the rest of the folks. we want to see colleges have skin in the game. >> it is very unfair to have a truck driver have to pay back a loan for somebody who got a phd in gender studies. jobina: the white house went after republicans criticizing the

you have the likes of morgan stanley and jp morgan coming out with market calls on debts. jp morgan on the other side of that call saying this is an unsustainable rally and to ditch em debt. let's get more from kathleen hays. for all of these numbers and what they make on the market. the ppi numbers are easing today falling for the first time in two years. >> a big surprise. producer prices are wholesale prices. business-to-business prices. you're looking at the inflation trend, the dynamic further back from the retail sector. when you see this happening and everyone's trying to figure out where the momentum is, this is why it's important. the monthly number was down 0.5% in july. it was expected to be up 1%. it was up 1% in june. it has a lot to do with energy prices and it reflects in the year-over-year numbers. the headline ppi up 9.8% year-over-year but that is down from 11.3% in june. it was expected to come in stronger than that at 10.4%. even the core ppi slowed. stepping back from the numbers, you can see this is a sense of has this peaked out. it's true a lot of t