tom: reinhard cluse, thank you.ng many stories, but one of them, elevated valuations within equity markets. we will speak with michael wilson from morgan stanley, the chief u.s. equities strategist. guy johnson in london and tom keene in london. kevin cirilli with the president in rome. let's call it a late may day in new york. this is bloomberg. ♪ . ♪ you are watching "surveillance." i am guy johnson in london and tom keene is in new york. minister issh prime warning that another terror attack may be imminent and she is taking unprecedented steps to prevent it with the military guarding landmarks and sporting events after intelligence analyst raise the terror threat level from severe to critical 21st time in a decade. police searching for a accomplice is to the suicide bomber who killed 22 people at an ariana grande concert in manchester. the french president will ask parliament to extend the state of emergency that will expire in july. pope francis appears to have sent a message to the president, they met at the v