ralph schlosstein of evercore partners, thank you. to the ecb meeting, "bloomberg surveillance " on radio continues. "in the loop" with betty liu is up next year and have a great morning. ♪ >> good morning. it is wednesday, june 4. we are live from bloomberg world headquarters. you are "in the loop." i am betty liu. we have a great program. we always do. entrepreneurs that are picking witheam -- when a date -- george clooney or a part in the new "star wars" movie. omaze will tell us how to do it. withsnapping pictures coworkers, but not with the public. we will find out if the services popular and at the same thing could happen to the likes of twitter. futures indicate stocks will open slightly lower. 15 minutes from now we will get the adp numbers, the private payrolls report. president obama wrapped up his with petro poroshenko. toncis warning the u.s. not push ahead with a fine on the french bank bnp paribas. it could endanger

. >>> let's get back to our guest hosts, blair efron and ralph schlosstein.et back to the deal making stuff. just briefly on the jobs stuff, what are you actually expecting? >> the number, who knows? 53 months in a row of increased employment, 200,000 jobs average. no reason to think, frankly, more of the same. and you know, optimistic. >> i agree with that. >> where are you guys on -- we had kevin worsch on yesterday, about the fed, and where we are. he made an impassioned case against what the fed is doing. where do you guys sit on that issue? >> look, first of all, i think the fed is path dependent and economic results dependent. and i think, you know, a year ago, i was on the show and we talked about papering and there was all this sturm and drong about that. and i said, basically, there's two outcomes. one, the economy is doing better and the fed tapers, or two, the economy is not doing well and the fed doesn't taper. they're both pretty good for markets and for the economy. the first is better. so, i think pulling away this artificial stimulus, graduall