. >> i am taylor riggs in new york. >> meanwhile, we have been at the academy museum of motion pictures with guests. we will dig deeper and continue the conversation and talk about the future of content and investing in los angeles. our guest is here to discuss the future bitcoin. we will be talking nft and how one pays for content that way, so we will be digging in on the day where we look at filmmaking, the future of music content. a lot of that being built in a world that involves crypto. romaine: yeah, crypto, inflection point for awareness of these things, alternatives, and even adoption. taylor: yeah, adoption, ipo, bitcoin futures etf, and another one, another one, another futures bitcoin etf that launched as well. look at what that meant for the roller coaster ride that was bitcoin this week. some of these etf's, huge run-up, $67,000, unwinding today. holding on to thousand dollars. it is like rolling before you learn -- crawling before you learn to walk. this is something that is bigger than bitcoin. romaine: let's get some insight that someone that knows more about this. she i

. ♪ >> live from new york, i am taylor riggs. we got you -- we got to get you want the bitcoin train. guy: i may be on it. you never know. taylor: we know matt miller is on it. i just have to stock you on facebook to figure out if you are too. we had the first bitcoin etf earlier this week, and another one today trading on the nasdaq ctf. this is dave wilson here with more. dave: we know the valkyrie strategy has made its to view but you are not seeing the kind of trading that you are in the proshares etf that began trading earlier this week paid it let me tell you, it was quite a day -- debut for the one from proshares. just look at the numbers, assets under management exceeding $1 billion in two days, the fastest for any etf ever. if you look at the trading, 1.2 billion dollars of shares changing hands in the first two days. an inflow of $567 million on the first day. should note that indeed the proshares fund is down today for the first time since it began trading, nonetheless, the activity is really there and that ticker bito

. >> taylor riggs. >> prices are still waiting on economic growth. the global economic recovery supply chain is seeing more when it comes to apple. we will look at this recovery and slow down andy controversy -- and the controversy. we begin with the relevance of the world bank. have low rates to borrow in money but out significant are these institutions anymore? there is some concern >> she got the -- >> she got the support. they are tamping it down and saying we are going to stick with this right now. we heard from the ims chief -- imf's chief economist. >> the board came out with a strong statement saying there is full confidence. the issue of the data had nothing to do with the imf. we place incredible amounts of importance on data integration at the imf. we have many checks and balances. i feel good about where we are. >> you have been put under no pressure to make the data fit the narrative being delivered further. there is no incidence of that happening at the imf. >> i have never faced about pressure. >> you heard it there. what do you make o

i'm taylor riggs here in new york. caroline: we bring your best, right here at the second busiest container seaport in the united states. over the next 30 minutes you will hear from key voices trying to fix the bottleneck. ryan peterson will be our guest. ringing trucks down here to help some of the hard-working workers down here. romain: when you come down to one of these ports, this is the economy, when you walk around and see everything moving across, it's kind of like a ballet. making sure everyone needs to be or they need to be when the music starts. caroline: we broke down the issues facing the port of long beach earlier. take a listen. >> it's one of the main arteries for transpacific trade and the second busiest container seaport in the united states. the port of long beach along the coast of california is one of the few u.s. ports that can accommodate one of the world's largest needs, with connections to 217 seaports around the globe. goods from furniture to footwear , auto parts to electronics, just about eve

i'm taylor riggs in new york. [laughter] caroline: we have had some really fabulous conversations while here, trying to tackle some of the world's key challenges as we see them. first and foremost, challenges to infrastructure. we will talk about supply chain issues with elaine chao. we have got also plenty of fabulous conversations coming up when it comes to crypto and the like. first and foremost, whether it be in the markets, whether at the bright minds act milken, inflation, supply chain, and a healthy dose of crypto conversations. let's have a listen to what they are saying. >> i think 70% of the coins out there today are garbage and will go away. the question is, just like the internet bubble, which of the companies survive? >> my son and i lived together during the pandemic and he gave me a lecture every day on the fact that i had opined about bitcoin without knowing what i was talking about, which is true. >> i can tell you it is a value but i can't tell you you should short it because it is likely to be h

taylor: and i'm taylor riggs. romaine: all it is about is price pressures. the higher cost for food, shelter, driving prices higher. are these going to remain at elevated levels or stay transitory. today, we will discuss how wall street executives are approaching inflation and how it's affecting earnings, and where to watch value versus growth. first, hearing from goldman president john walton. it's not about the idea of whether it's transitory or whether it's permanent, but about how we are defining the word transitory. take a look. >> every ceo i talked to today is very concerned about supply chain, input, costs, whether they are materials, commodities, and increasingly labor. both availability and cost. they believe it's not transitory. caroline: john waldron saying inflation is worrying him. but jamie dimon did not seem so worried. let's look into the jp morgan numbers. what do you make of the call from jamie dimon? he is not worried about any of these issues. >> he is focusing on the core fundamentals of his business, right? we focus a lot on loan growt

gina: and i'm gina martin adams, in for taylor riggs.aroline: we are near the weekend, so today's we will -- today we will focus on bond -- singular. james bond. the movie becoming the biggest release since the start of the pandemic. we will not only dig into the box office, but live performances at the met, making its stronger -- strong return. not much of a return for jobs though, for the industry. romaine: you saw those leisure and hospitality jobs, our tent entertainment -- the service economy is sort of getting rebooted. this was the pandemic loser, when we went into locked down. a lot of jobs were lost as a result. we are now crawling back into some of those jobs, and it appears that people are not only wanting to get out, but they are willing to spend a little bit more and spend more time out, much more so than what they were doing re-pandemic levels -- pre-pandemic. caroline:caroline: have you been to the cinema? romaine: i have not. we will talk to peter delve a little bit later, but right now we will talk to lisa reese -- alici

. >> i'm taylor riggs and this is bloomberg. it is time for the final spread. a look at the week ahead. three decisions in three days, next week. get this, and the fed will be tuesday and wednesday. china will be kicking things off monday with pmi's and the ice manufacturing numbers here in the united states. finally, closing out the week, you have the main event. eight jobs report. great to hear your heavy with us. let's start with you. what are you looking at, not only the fed, but he pushed for to payroll friday. >> i think those are two of the factors we are looking at. look, ism manufacturing numbers are really important when we are talking about the supply chain shortages, we are looking at regional tmi's that held up pretty well, and we want to see what the trend is looking like, and the numbers give us a low bit better idea than having to wait another month to get numbers. looking ism, rotting how they're going to set up tapering, and in the jobs report, we have a lackluster report for the last couple months people have been anticipating individuals goi

. ♪ announcer: this is bloomberg markets: the close with caroline hyde, romaine bostick and taylor riggs: 2:00 in new york and we are live. i'm caroline hyde. we're talking trillions -- we discussed the risk on moves ahead of earnings results from tech heavyweights this week. taylor tracks inflation as we close in on the spending bill. sonali checks another market boom. we will dive deeper into facebook as documents highlight the social network's anguish over failing to attract younger users and failing to censor hate speech. continuing coverage of the global supply chain crisis, we look at the impact on retailers, consumers and the logistics. all of that and more coming up.

this is "bloomberg markets the close" with caroline hodge, romaine bostick, and taylor riggs. ♪ caroline in new york at 11 a.m. in california. we are live. this is a special edition of bloomberg markets the close. i am romaine -- i am caroline hyde. romaine: and i am romaine bostick. we are out here at the second busiest port in the united states. the supply chain issues can need to hurt and raise a lot of concerns about when it will be done. mario cordero, the executive director, he will join us in just a minute. the supply chain, a hugely just six company, will be stopping by his will. caroline: we will have a serious ceo

this is bloomberg markets: the close with caroline hyde, romaine bostick, and taylor riggs.0 p.m. in new york. 11:00 a.m. in los angeles. special edition of bloomberg markets: the close. caroline: the best -- romaine: the best and brightest of mind to tackle the world's challenges. date two of the conference. former partner going to be live. great interview with him and an interview with sheila patel. caroline: she's going to put her money to work. not all the heavy hitters are out here. you are in new

with caroline hyde, romaine bostick, and taylor riggs.e live from bloomberg world headquarters. we continue to roll on the record highs. stocks had for the best month in a year. that's as earnings role in. facebook connect kicks off. we will bring you full coverage. plus, we will stay in silicon valley as we talk to the ceo of ebay. all that and so much more. the s&p