know it's early start really even i don't know about something maybe i'm standing on the national bank of new york for your the biggest takeaway for me is the sheer interaction that i've had with the beautiful people here we live in in a cocoon we stay away from the very people we share a city with so i'm glad i interacted with the warring people here. this is called the darvon plant if you chop a bit of this grind it and drink its water every day it is safe to help with fever and in controlling diabetes. we don't try to preach about it. and then people when you come to this. part of our example you realize that there is so much of interaction between and women there were people learn how the community is going to land and the environment and that in itself is a lesson and it's probably through that experience that people like testing the food or drinking the water or taking a dip in the river and similarly another experiences these are the kind of things that are told only through stories and no amount of preaching will. go $100.00 charges participants a 1000 rupees for each of their walks experi

bank of england and the 6 -- swiss national bank report their rate decisions. today marks risk off. bloomberg surveillance continues in the next hour. tom keene joins me out of new yorkmberg. ♪ francine: stocks fall on fears of a second wave of coronavirus infections. beijing reports a fresh outbreak. 20 u.s. states see a rise in cases. europe reopens its borders. france, germany, and others remove travel restrictions within the e.u. to spur tourism during the key summer months. britain's non-essential shops open today. and china's economy continues its slow recovery. industrial output rises, though the number falls short of estimates, and retail sales data is still shaky. well, good morning, everyone. this is "bloomberg surveillance." i'm francine lacqua, here in london. tom keene in new york. the main narrative will be the markets, what we have seen on the market, and this links it back to the discovery of a possible vaccine, that is months if not years away and the resurgence of infections not only in the u.s. and also china. tom: huge cross current this morning. i can say i have never seen such a distant market right now. th

yeah, food bank for new york city, one of the nation's largest food banks. the need continues to be at an all-time high. the highest in our history. we've been serving the marketplace, which is around 36 years. so before -- the thing about pre-covid, about 2.5 million new yorkers who didn't always have enough to make ends meet and food was something they'd flex with in their budgets. our network has seen about a 50% increase across the board and the number of people coming to them. but fair number of those people are people who have never had to go to a pantry or to a community kitchen for food assistance ever before. and so for the first time in their lives, as you can imagine, it's a really stressful event to have to think about getting food outside of a grocery store where you'd normally go to shop. >> oh, it's humiliating. and we're looking at pictures. we've seen pictures across the country of just lines of people in their cars. new york city very different. how, you know, are people able to get the sustenance that they need or they can handle for now?

district of new york is this turkish bank close to president erdogan of turkey, a key trump ally, authoritarian leader the president has taken sides with, this is john bolton, the president's former national security advisers, this is one area he covers in his new book. >> the president said to erdogan at one point, look. those prosecutors in new york are obama people. wait until i get my people in and then we'll take care of this. i thought to myself, and i'm a department of justice lalumnus myself, i never heard any president say anything like that. ever. it did feel like obstruction of justice to me. >> it is, doug, to borrow a phrase, that's one of the president's men. i know they had a testy relationship in the beginning. that's somebody who worked deep inside the white house saying he saw things from the president that were way beyond the line. >> i think that revelation out of the bolton book has legs. for the ren have you're suggesting. this whole idea on a friday night before a big rally, firing of geoffrey berman, it just wreaks of trouble. we all know that donald trump was -- ran a shady businesses in new york. and we all know that rudy giuliani was going around the world doing

of palestinian land in the occupied west bank. sons of maria here in doha 1400 hours g.m.t. which is a little after 10 am in new york as we say the united nationssecurity council holding its open session a virtual session on the.

national security advisor john bolton recalled the president previously floating the idea of intervening in an investigation by berman's office of a turkish bank. >> the president said to erdogan at one point look, those prosecutors in new york obama people. wait till i get my people in and then we'll take care of this. and i thought to myself, and i this. and i th am a department of justice alumnus myself, i have never heard any president say anything like that, ever. >> reporter: bolton's book will officially be released tuesday. the president has said any money he makes off of it should be given back. major? >> garrett: nikole killion, thank you. let's turn to cbs news political correspondent ed o'keefe, ed, president trump's rally crowd fell far short of expectations, nevertheless pulling in more than 6,000 in the tooth of a pandemic is testament to the president's continued political pull but the campaign is scrambling and sounding defensive. >> reporter: the song that played at the end of the rally was the rolling stones "you can't always get what you want" and the president certainly didn't. there was not a full arena there in tulsa for him. inybe it's covid, maybe it is this alleged prank pulled by thousands of teena

of the screen, i will read it for our radio listeners. this is polling from the "new york times." it shows joe biden up by 14 points nationally. and by the way, bank of america says the market is responding to a possible biden win in november. market watcher gary kaltbaum joins us now. what do you think, gary? is a possible biden win now a factor in this market? >> i think as we get closer, it becomes more of a factor and we no doubt, biden has already stated that he will go ahead and raise taxes, corporate wide, as well as individuals, and you can always -- you can go to fantasizing of a list of warren being treasury secretary and look, the left has gone very left of socialism and that definitely affects markets, especially every day moving closer. stuart: a bigger factor, i take it, would be the virus and the number of new cases? that's a bigger factor than a biden win at this point, is that right? >> for me, yes. june 8th, the market topped recently. we are down between 6% and 9% with the dow and s&p but the airlines and cruise lines are down 25% to 30%, oil services down 30%. so the opening up trade which was acting so much better is turning d

of folks are banking on covid hot spots. you have locations in new york, new jersey, florida that have been really affected. valley nationalk ceo ira robbins is telling us which businesses the government needs to help the most if there is a stimulus 4.0. he's coming up. and be sure to tune in for the next fox business virtual town hall. neil cavuto will host america together open house on thursday, july 9th. barbara corcoran is his special guest. she's amazing, by the way. you can ask him a question, message fox business on facebook or instagram. e-mail us at investedinyou@foxbusiness.com. we'll be right back. 300 miles an hour, thats where i feel normal. having an annuity tells me my retirement is protected. protected lifetime income from an annuity can help your retirement plan ride out turbulent times. learn more at protectedincome.org. now every bath fitter bathbath fis installed quickly, safely, and beautifully, with a lifetime warranty. go from old to new. from worn to wow. the beautiful bath you've always wanted, done right, installed by one expert technician, all in one day. we've been creating moments like these f

bank. so only program, we will catch the head of -- with the new york lieutenant governor. ritika: former defense secretary jim mattis is criticizing his former boss, saying he is dividing the nation. he says we must reject those who make a mockery of the constitution. president trump responded on twitter, saying he didn't like his leadership style or much else about him. the president appears to be unhappy with defense secretary mark esper. opposed the idea of deploying the military to contain protests. privately asked top advisors if they thought esper could still be effective in his position. in germany, chancellor angela merkel's coalition has agreed on a stimulus package to get the economy going. that has exceeded the top end of expectations by 30%. the deal includes a cut in the a fund tod tax, plus build out 5g networks and improve incentives for electric cars. global news 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in more than 120 countries. i'm ritika gupta. this is bloomberg. ♪ pres. trump: i don't think too. we have very strong powers to do it. we have a very powerful national guard. over 300,000 men and wome

from a piece in the "new york times" that pointed out on sunday that the nation's largest health care company cvs has no black people on the senior leadership team or wells fargo, bank ofca, facebook, google or amazon and four african-american ceos of fortune or s&p 500 companies yet, you have a very diverse leadership team at northern trust asset management how have you done it how have you developed the pipeline >> there are a couple of things. it has to start somewhere. i give credit beginning with my predecessors for being top a diverse perspective. but here's the simple analogy that explains it, tyler. you welcomed us in the -- into your kitchen so if you and i were sitting across your kitchen table, we're looking at it. we could both describe it. we can describe it accurately. but our descriptions by definition would be different. right? it would be different based on our positions. it would be different based on our interpretation the only way that we can in a sense have the full benefit as opposed to having an incomplete view is to have that diverse exchange now assuming that same thought exercise, tyler, i'm not even at the tikitchen table or i'm at t kitchen

national currency at this point. state bank start to collapse and everything dries up. >> what was the depth of the depression for most of the americans? >> by that may, there were riots in new york city. it was really serious. >> it was still going on in 42 and 43. it did not just go away. >> it got a little bit better but not nearly for a long time. >> did he have a cabinet for his own personal ability to bring skill set to help resolve the crisis? >> presidents do not have or hold all those levers even now. before he had the fed. he did recommend an independent treasury system. but unfortunately, martin van buren and the democratic party had been arguing against federalism and these kind of federal projects. they backed themselves into a corner. >> i don't think anyone at that time could have dealt with the major depression. they had to wait for the economy to heal. >> they did not have the tools. they did not know what was causing it. they certainly did not have a structure in place, for example, we have the fed today that will loan money to banks. so that they don't close. we did not solve this problem until we got the new deal. >> with this great trial going on in the rest