david: steve ratner will be with us.irst, you have a check on the markets. >> will there be a storm in the next 48 hours. volumes low. equities firm. 1%, theres up a 10th of s&p 500 futures moving in a similar fashion. euro-dollar heading towards $1.13. the fed chair and washington, d.c., a point lower in 1.7%, the rest in your yield. david: let's check in with our bloomberg team. guy johnson on the latest market reaction. suzanne on janet yellen returning to capitol hill. >> a great lineup, a lot to look forward to. the referendum 24 hours away. let's bring in the team. guy johnson to talk about the market reaction. the poll say it is too close to call. spread, really wide between the bookies and he pulls. -- polls. >> different indications when you look at the polls and where the money is going. we aret for more polls, expecting to see more of those. we have the market reaction, the strength in the pound, all of that is something different. up with a holder of --lsters and he talked about more on that in a moment. , we

we're live in london, plus former treasury official steve ratner is here with analysis.s comes as trump arrives in turnberry, scotland, expected to speak in moments. we'll carry his remarks live. >>> and later, bernie sanders joins the table, got a lot going on this morning. "morning joe," just moments away. ♪ booking.com offers free cancellations, so you're free to decide if the trip you're on... hahahahahaha! ...isn't really the trip you want to be on. hahahaha... hahaha... [mountain woman and key laughing together] i have an orc-o-gram we for an "owen."e. that's me. ♪ you should hire stacy drew. ♪ ♪ she wants to change the world with you. ♪ ♪ she can program jet engines to talk and such. ♪ ♪ her biggest weakness is she cares too much. ♪ thank you. my friend really wants a job at ge. mine too. ♪ i'm a wise elf from a far off shire. ♪ and sanjay patel is who you should hire. ♪ thank you. seriously though, stacy went to a great school and she's really loyal. you should give her a shot. sanjay's a team player and uh... try cool mint zantac. hey, need fast heartburn relief

steve just went out with his top hat and said -- >> all right. here we go. >> all right, ratneron how both the markets and economists have reacted to britain's position to exit the european union and what consequences it will have on the rest of the world. steve? >> look, this may end up working out as joe believes that i think it will. >> i call the china bubble. >> but in the meantime, in the meantime -- >> i'm saying don't bet against britain. >> in the meantime, the markets have spoken. and it's not a happy picture. so, on friday, you had big downturns really across the board and they are continuing today. the u.s. is going to open down a bit. the uk is opened down over 1%. germany is down, again. europe is down. actually, japan is up for reasons that we can talk about and the pound is down some more. so, why you may ask, is the market in germany and europe down more than the market in the uk? i think you could make a credible argument this is worse for europe than it is for the uk for the reasons that we talked about earlier. it's an unstable block of countries. some others

. >> with us on set as you can see former treasury official and "morning joe" economic analyst steve ratner. >> where is barnicle when i need him. >> from "huffington post," sam. >> one, two, three, sam. you guys have to help out here, one, two, three. >> sam. >> sam. >> how is this whole donald trump thing working out? >> capital hear you. no, can't hear a thing. i did soul cycle and i can't hear a thing. it makes you deaf. you may be deaf but you come out and you can't hear anything. >> because it's so loud? >> yes. i can't hear a thing? >> did you like it? do you feel more fit? >> they were screaming at me. >> that's because of joe. >> this guy in the middle he was jumping around and screaming. >> a lot of vegas club techno music. >> i will tell you what willie and i hate about it when we go cycling, we had to get down from five to three because we're crazy about this. how many times when we're doing it do they tell us to put out the cigarettes. >> you can't. it's dark and they are screaming at you. >> as long as you're pedalling. >> at least smoking separately, back and forth. >> not my

we have steve ratner, the chairman of wil it advisors. he will be speaking of markets and politics.oing to be hearing from the former european bank president jean-claude trichet. wait until you hear about what he says about a possible brexit vote. anda: first let's go to cara rick adone mix. megan murphy is in washington. michele cask can i in new york and caroline conan in paris as strikes threaten to disrupt a major soccer tournament. eric: we begin with the rush in government bonds showing no signs of abating. all across the globe carl rick adonna tells us where we are and where some prominent investors may be afraid of where we are headed. all right. tell us what's going on in global credit markets and those big-time investors. >> well there's two stories here. one is slower global growth and inflation should lower warrant yields on government bonds, but secondly, we have government banks gobbling up stall government supply, so there's a real high level of demand that's driving yeelts lower as across the board in europe we are seeing such low government bond yields. you're seein

legendary columnist. >> legendary. >> former treasury official and "morning joe" economic analyst steve ratner hal prn. >> i never saw this coming. >> i think bill needs to take a vacation. like a long one. and not that there is anything wrong -- he handed over the weekend with the possibility of a third party candidate to rival donald trump. remember, it was the possibility of a third party candidate to rival donald trump. so that's got to be someone big. and aggressive and somehow has that talent that can punch back and lead the country in the right direction, well known. >> got to have immediate -- >> now we know who the person might be. >> i love the guy. he is a great guy, been on our show, but he's exploring presidential run. who might you ask is david french? he is an attorney, great writer and a great guy, iraq war veteran. he wrote a piece about gary johnson saying the short case for him is pretty compelling. last week french wrote an article called mitt romney, run for president, you are the only one who can save us from future calamity. >> an awful lot of republicans are throwing in