it is memorable -- and his memorable pollen, the road not taken by robert frost, many of you know, to be of roads diverged in a wood and i took the one less traveled by. that has made all the difference. 55 years ago, my brother, a physician and i took a chance. we took a road less traveled to work together as a medical legal team. at age 26, levered together on organ donation and transplantation. bioethics at the hastings center , emergency medical care at the medical school, and taking emergency care to scale. to paraphrase robert frost, taking those untroubled roads has certainly made all the difference to both of us, but since then, our professional careers have diverged. we are both engaged full-time in health care. we find ourselves reflecting on these experiences and we realized that they had enduring value for each of us, personally , and it might be of value to others. he wrote this book with the hope that it might inspire others to action on the drawing on the lessons that we learned through our experience during those nine years but why pluck? the answer is, it took 18 mont

>> i thought the comments about robert frost were pretty interesting. powell should get in touch with his inner schwarzenegger. my job is to fix inflation and i will do it. does he have that in him? we think not. the market is backed up a ton. look at the treasury. the market is pricing, the market has done a lot of work already. can j powell hang in there? it doesn't seem like he wants to be that guy. he wants to squash inflation. does he really want to talk the tough talk? we think not. >> would you expect the yields to go on the 10 year? >> briefly down. down something like 15 or 10 basis points. a short lift. jackson hole tomorrow and a light week next week. in september a lot of big events. we think the tenure is up to 325. by the end of the set. ends the year somewhere in the mid-threes. pick a number. something like that. >> michael if the market is openly the witness tree, for what the fed is thinking, you have a case here. 370 on the tenure. i don't think equity markets are price for a higher rate. the pivot we saw was an expectation of a fed p

lisa: so you are quoting fairytales, tom is quoting robert frost. happy august.om bramo bloom time to bramo standard time. jonathan: euro-dollar at 99.91. currency pairs are down .1%. earlier this morning i mentioned the comments to our team in london. he talked about a risk premium that may need to return to the gilt market because of the ongoing deficit we are seeing in the u.k., and the fact that it could get bigger because they need to offset the pain in the energy market. stephen gallo at bmo is saying we think it is showing up in the currency. you either need to attract investors with high yield or a weaker currency to get those international flows. arguably we are getting both right now. a difficult moment for the policymakers. tom: always a three-legged stool. i am in the camp that foreign-exchange really matters right now. we are biased at bloomberg because it is on the terminal, but it is speaking volumes. what is interesting, swissie has not strengthened. u.k. historically, even as we do this section with elise, we may get a 1.15 handle on sterling. jo

talks quiteal a bit about second chances and i note congressman sanford was a great admirer of robert frost who is one of his classic lines two roads diverge and i took the one less traveled by pre-that has made all the difference. that is what this book seems to be about. your personal journey, your highs and lows i've always been so impressed by your ability to discuss your lows. we cannot do that without a self-deprecating humor, ie understand the seriousness of the issues but you are also able to not think too highly ofyo herself and you can acknowledge your shortcomings in a way that speaks to humility that many of us would admire. so with that i think i would start off by asking you mark a few thoughts what made you write this book. >> i think the same thing thatg motivated you to speak out as you so consistently half. fiscally a frustration with what is, of the party in politics as late. the way in which evolved if you will. a rapid departure from certain tenets that i thought were important to conservativism and the republican party. all of which i think is important to the national

you know the robert frost aleutian. leahy, the senator protem. >>> and coming up, power struggle, two top democrats, both heads of powerful committees on capitol hill fighting for the same house seat today. what this and other critical races could signal about a shift in congress this fall. stay with us. you're watching "andrea mitchell reports" on msnbc. ome to our thd bark-ery. oh, i can tell business is going through the “woof”. but seriously we need a reliable way to help keep everyone connected from wherever we go. well at at&t we'll help you find the right wireless plan for you. so, you can stay connected to all your drivers and stores on america's most reliable 5g network. that sounds just paw-fect. terrier-iffic i labra-dore you round of a-paws at&t 5g is fast, reliable and secure for your business. riders! let your queries be known. uh, how come we don't call ourselves bikers anymore? i mean, "riders" is cool, but "bikers"...is really cool. -seriously? -denied. can we go back to meeting at the rec center? the c

i know we mentioned robert frost last week while we were absent, but i will mention my angelou today. when a person tells you with aro shows you who they are, believe them the first time. and that's the feds. they ventured to tell us for months now, inflation is a problem. equities are probably going to go lower, collateral damage. until recently, the market didn't believe them. the market is beginning to believe them now. >> i don't want to be cavalier about this, but i think everyone on this desk probably felt that the rally was over ended, and probably that we should back up a little bit in the overall market. maybe we get a little reprieve out of cpi. if we get the reprieve, then maybe you can rally. but the problem now is everyone is on the other side of the boat. i think we're going to have a weak september, a week october, and then rally after the election into year end. markets love gridlock. now if there is a regime change in congress, you do have the ability to have the market rally. if there's not, then as we continue the slide into year and. >> obviously, september is a bi

charles: robert frost famously wrote two versed diversed in a yellow wood and sorry i could not traveltion number that spells trouble for main street and i amazing wealth creation for wall street. you hear the stock market is not the economy and that's less true than in the past because of globalism, program trading, alga rhythms, high-frequency traders that get your trade and leap in front of a line, the stock market serves a purpose with respect to the economy 6 months and 12 months out. with days like this that it's more about wall street, the playground of the elite titans that make the rules and set the tone. obviously for main street optimism has vanished and personal financial outlook is e business mall right now and -- abysmal right now and faith and federal policies is here and buyers are stepping up to the pot. bag loathe indian with respect to optimism about our own lies and where the country is headed and the elite haves done so much damage but never ever forget how america climbed to the top in the first place. we're still near the top and we're going to stay at the top as

a bit about second chances and i noticed congressman sanford is a great admirer of the author robert frost, one of his classic lines is two roads diverged in a word and i, i took the one less traveled by, and that has made all the difference and that is what this book seems to be about, your personal journey, your highs and lows and i've always been impressed by your ability to discuss your woes, with a certain self-deprecating humor where you understand the seriousness of the issues but also are able to not think too highly of yourself that you can acknowledge your shortcomings in a way that speaks to humility i think many of us would admire. i thought i would start off by asking your thoughts, what motivated you to write this book. >> guest: the same thing that motivated you to speak out as you consistently have, just of frustration with what has come of the party, of politics of late, the way in which a rapid departure from certain tenets that i thought were core to conservativism, to the republican party all of which is important in terms of the national debate and how we solve problem

reporter: for his new memoir published by shim simon & shust leahy plays off the title of the robert frosteasy when you stand 6'2". you really wanted to blend into the background most of the time. >> i did. i sat in the first caucus and came in and i sat way in the back row, against the wall, next thing i know, a couple very senior ones come and sit beside me and said, boy, you learn fast. i said, what do you mean? boy, you can sneak out without anybody seeing you. >> reporter: his no nonsense approach endeared him to the old lions of the senate. but his quiet composure has long hidden a crusader's zeal. last year when chief justice ron roberts declined to preside over donald trump's second impeachment time, leahy took on the task. >> the nays are 43, and he is hereby acquitted of the charge in said article. >> reporter: what would it have meant for the country if more republicans had voted to convict trump in that trial? >> i think it would have helped the country. i don't say this as a partisan thing. it was a word to the country in the same way that barry goldwater told richard nixon, y