mr. bullard: mine is about 2%, so we are a little bit tight right now. ard,thanks, james president of the st. louis federal reserve. we have a lot more coming up. this is bloomberg. ♪ anchor: this is "daybreak: asia." i am jessica summers with the first word headlines. chinauing trade talks, committed to the tentative trade agreement that the two sides had reached, but the u.s. had changed its mind "overnight." tosays china is still ready address trade balances and to buy more u.s. products and services. tochina remains ready continue our talks with our american colleagues to reach a conclusion. dialogue is still open. jessica: huawei says it has several solutions to being blacklisted by president trump. speaking in brussels, it is said they have ways of offering support to customers, announcing what they call washington's unprecedented "bullying." abraham liu warned that what happened to huawei could happen to anyone at any time. mr. liu: by the u.s. this is anion, unjustified attack. liberal,attack on the rules-based order, and this is dangerous. jessic

mr. bullard out of asia will be more than interesting.ork. with our first word news, here is kailey leinz. kailey: the president is signaling he is in no rush to get back to trade talks with china. the president told fox news he is very happy with the trade war. "we are taking and billions of dollars. china is obviously not doing well like us." the president also says that chinese economy will not surpass the u.s.'s while he is in office. deutsche bank's anti-laundering unit reportedly sought suspicious activity in a counseling to to donald trump and jared kushner. 2017,appened in 2016 and according to the "new york times," and the staffers wanted to refer the matter to a federal watchdog, but an exec have overruled them. and the indian prime minister will sweep to victory in the general election. that has stocks rising to the highest in three years. modi ran on a platform that included a boost in for shorter spending and support for farmers. hbo is plotting a post "game of thrones" future. there will be a "game of thrones" prequel, and p

mr. bullard's comments before. does it change your view of what's happening here?uld like to see growth from productivity, rather than growth of inventory. what's going on has changed some of our investment philosophy near term. we think there are real risks in the market, specifically around technology you know, when you cut the hea off the snake of huawei, there's going to be ripple effects i think we're going to see some of those initially in semiconductors i think it's going to be much broader. we're pretty cautious in the markets. >> katherine, you as cautious given the news out of lowe's, and home depot, i don't know how that's factoring into your process. >> i'm the buyer on chris's selling position i'm constructive i think opportunities are arising, especially when the markets are pricing in trade war, taking down the u.s. economy or bullard's comments or the collapse in federal reserve credibility. all of the above, i think, provide opportunities. i do think this trade impasse is temporary in nature. i could be wrong who knows what's going to happen in ter