she's in a comment that goes public she knows exactly what she's doing in my opinion. >> tony dwyer.ou, sara. >>> lyft set to report earnings after the bell we'll tell you the key things to watch for in the market zone next we've got less than 20 minutes left of trading. so you're a small business, or a big one. you were thriving, but then... oh. ah. okay. plan, pivot. how do you bounce back? you don't, you bounce forward, with serious and reliable internet. powered by the largest gig speed network in america. but is it secure? sure it's secure. and even if the power goes down, your connection doesn't. so how do i do this? you don't do this. we do this, together. bounce forward, with comcast business. experience capability, crafted by lexus. the remarkable gx and lx. lease the 2021 gx 460 for $529 a month for 36 months. experience amazing, at your lexus dealer. new projects means new project managers. you need to hire. i need indeed. indeed you do. when you sponsor a job, you immediately get your shortlist of quality candidates, whose resumes on indeed match your job criteria. visit

ordered that you got to wait until the end of '22 toget it, but that's neither here nor through tony dwyer, i deserve to hear from you, you deserve the chance to speak for certain please do. then, pete, i'm coming to you next get ready, pete. tony, go i didn't hear you. >> -- on that -- >> tony, go ahead. >> what would you like me to talk about, scott? >> you don't have a reaction to what you just heard? if you are done, you can go, but i thought you wanted to get in >> wow, did you just say he could go >> well, i'm trying to figure out where the hell we are on this whole thing >> why don't you give us unusual activity >> tony, you were calling for a 10% correction, not us >> correct, and i still am you know what? this has been fun, thank you >> you're out? >> which part didn't you get >> you've been game stopped. >> wow >> he's been game stopped. come on, tony! tony, you're the best. >> you say something and then, you know, i'm trying to figure out where we are in the conversation this is really simple. the fed and fiscal authorities have thrown an enormous and historic amount of excess l

who were growing more cautious, either euphoria is here, time to step back -- would you say it tony dwyeralking about a 10% pullback how about this idea of we're cautious because nobody else is? sometimes of to separate what we don't always, sometimes it makes is harder for it to happen if you look at some of the -- i think people are pretty well invested here. last week we talked about the average trading ranch that's pretty tight there's not a lot of fear in the actual market, despite the fact that i think a lot of people are maybe starting to calling for a down side. from our perspective it's it's our sentence. >>> hold your thought for a second let me go to tiffany mcgee sheet voting with her pocketbook she's buying shutter stock, a stock up 140% in a year? she bought more estay lauder which i think is up more than 70%. >>> one of those is estee lauder i think they definitely released earnings, and it was a little -- their makeup sales were down, but skincare was up and it's continued to be up, right? no one is buying makeup right now. they haven't for the past year for the same reaso

tony dwyer joining us later on bloomberg television. alongside tom keene i'm jonathan ferro.futures down. this is bloomberg. ritika: with the first word news, i'm ritika gupta. president biden says russia has some responsibility to address the ransomware attack that crippled the giant fuel pipeline. the president stopped short of directly blaming the kremlin, but he says there is evidence by hackers or the software they used are in russia. meanwhile some gas stations on the east coast say they're running out of gasoline. colonial pipeline says expects to substantially so -- to substantially restore service by the weekend. the biden administration is ramping up its response to the global supply shortage. gina raimondo plans a summit with companies impacted by the shortfall, that includes the largest chipmakers and u.s. car companies. the meeting will be held may 20. polantic technologies posted a bigger than expected loss. the company blames stock competition. it provides tools and consulting to the u.s. and allied governments. it overhauled its software in recent years to att

i think tony dwyer is very good at this.tioned, with high-yield, clearly there is a signal right now that the good times are ahead. jonathan: speaking of a peak, here is one for you, lisa, hsbc. this year could mark a peak in bonn supply with the deficit projected to reduce. a meaningful reduction in a long-term auctions. e 1%n -- 1% end 2021 and 2022 is the call. we have a lot of time this tuesday morning. lisa: a lot of nuance this morning. jonathan: futures are negative, just five points on the s&p 500. this is bloomberg. ♪ his is bloomberg. ♪ >> with the first word news, i am ritika ghouta. china is calling on the u.s. to engage in dialogue with north korea. it is not clear whether in the u.s. approach to north korea would persuade kim jong-un's regime to give up its nuclear weapons program. u.s. treasuries more than quadrupled as borrowing estimates for the quarter through june are expected to need about $1.3 trillion over the second half of the fiscal year to pay for pandemic relief spending. the latest wave of stimulu