what this chart is showing is there are parallel trendlines on brent from 10 years ago.en more years in -- even more than 10 years ago. the trendline suggesting we are seeing a late cycle repeating and of history tells us anything, that means equities may save big, particularly in the commodity sector in oil and gas. some japanese asset managers coming out and saying a higher oil price might make it -- make of concern about inflation pricing in europe. does that mean we will see yields go higher? what does it mean for the euro. it's something we could ask jeremy stretch. ,et's move on and quickly look we are seeing this up to tens of 1%. we have seen volatility in the session so it jumped the most in a month earlier because there were reports the u.k. would want to extend its time in the customs union with the eu beyond december 2020. those were denied. sterling gave up its game. gilt yields have been moving higher as well. we have a look -- that's a look at european markets. vonnie: we are seeing currency moves. the mexico invoice has said there are no new dates set for

responsible and thoughtful about the power we are gaining by research and learning is the right trendlinemed to some dystopian outcome. we are told that politicians will come up with policies that address massive job loss and prevent horrific inequality between the classes. we are told that these guys will take so long to become humanlike that we need not be afraid for a while. though, is that we are turning ourselves over to the unknown. so, you know, fingers crossed. >> eventually, i think we will become the ai. we will become the intelligent machines. we will understand how things can be smart, and we can deliver really create them. you might think of it as making a new generation, of new kinds of people. humanity is continuing to evolve, and why wouldn't enhanced people, or even designed people, be the next step in humanity? it's really hard to predict the future. i think there's going to be all sorts of things happening we didn't expect, but there's one thing we can predict. this technology is going to change everything. >> goodbye. >> goodbye. >> goodbye. >> goodbye. >> once i power

overall, the trendlines are good.andidate running should issues all table over this country families are dealing with, which is high rent -- thesedable college kinds of things should inform us as we go out in the campaign trail. david: you say women did particularly well. we're finally not going to have all men representing pennsylvania. you as deputy chair of the dnc have to think about winning the general and not just about the primary. are you satisfied that you will have candidates who can win and at the party is not going to far in the progressive direction, which is one you would favor? >> i am not really favoring a left or right direction. i am favoring a response of direction. i do not think we should go left or right. we should go to the grassroots. conor lamb talked about how the tax bill was going to impact ordinary families. he talked about a sick issues of kitchen table survivability -- he got about basic issues of kitchen table survivability. how we train the next generation of workers. these practical t

1987, "is coming the trendline was 2.94%. we have broken above that level. bonds are breaking out. the next resistance comes from the year 2000. the momentum in this bond market, are reset to take off, or are we set to's for thought? the conclusive answer to that question. anna: that's talk about the u.s. futures, in mind of the conversation around with going on in bond markets. where little range bound at the start of trade seems to be the message. how much appetite for risk to those in the property sector have right now with the brexit timetable very much in focus? will speak to the british land ceo and have an exclusive conversation with ian sutcliffe. what is access to the right kind of talent look like operating in the housing sector? and the iran deal could be back on the table. that's get the bloomberg first word news update from juliette saly in singapore. u.s. lawmakers have press president xi as they try to fool back from a trade conflict. talks with treasury secretary steve mnuchin. it's a second visit after an earlier round of meetings this month in beijing ended in dis

that is easy to do with the s&p 500 because of the unchanged trendline for the last 80 years.lative to that strength so it is not biased to very low earnings are very high earnings, you should conclude that they are adding about one percentage point, 1.185 percenge pois to earnings. itnot e bu of earnings. alix: i want to touch on what is happening with leverage. if you have companies with higher leverage that are -- higher leverage. rates are rising and volatility is picking up. how does that impact the markets? leveragects about today that are important to keep in mind. if you look at the market as a whole, aggregate measures of leverage are not particularly high. i would argue that is misleading. if you look at the cross-section of firms and the average companies, the median companies, leverages very high, at 50-year highs. balanced,, that is and you need to balance that against the fact that interest rates are low. interest costs are very low. so a concern about leverage medium-term would be a concern about just rates rising a lot, number one, and number two, the point i w

the dollar broke above its key trendline, going back to its highest in 2017 and it is above its 200 dayoving average. if it pulls back down, we will be fine. if it bounces back to a lower high than a higher high -- i am sorry, higher low and a higher high, that will be important to what is going on. the markets move in front of the fundamentals. my point is that we have to be a little careful to draw too many conclusions too quickly. alix: the dollar continues to climb higher. what asset class has the biggest rewriting potential if we get that higher high, higher low? matt: emerging markets. the correlation or inverse correlation between the dollar and emerging markets is about as strong as you can get, and it is almost tick for tick. we look at the emerging markets etf, that has been rolling around for a while. it is getting close to its february low. if you see a lower low, this is a situation where you have a crowded trade. people have been bullish on emerging markets for a year and a half, so a lot of people are on one side of the boat. if that breaks to a new low, that will change

but the break from this trendline is highly significant. it implies the market is refocusing.ncine: we will get back to james and the lira throughout the show. let's get straight to the bloomberg business flash. held discussions with standard chartered and is not actively pursuing a deal, according to a person familiar with the company. timesr, the financial said they have been exploring a merger with rival banks. same time, standard chartered said it is focused on its strategy and is not responding to regulation. eu lawmakersleft fuming over unanswered questions at the end of a hearing. at a meeting with the eu parliaments, zuckerberg repeated what he has been telling every audience recently, that his company did not take a broad enough view of their news, andlity, fake that he is sorry. has also become clear that we haven't done enough to prevent these tools from being used for car -- harm. that goes for fake news, for interference, and misuse of information. a broad enough view of our responsibility, and that was a mistake, and i'm sorry. >> and cte is estimating losses of

it is about trendlines, moving averages, all those sorts of things and right now we're stuck in a range the 200 day moving average comes in at 2610, 15, something like that in the s&p 500. there is a big trend line coming off the january 26th record lie that comes in at about 2685. so we're right about in the middle of that range right now. i would still argue traders are running this market. clearly with this employment number coming out this friday, that's something that could move the market. we continue to have, you know, a lot of earnings news coming out but i still think the macrofactors running this is what is the fed going to do? are we going to have wage pressure, cost pressure, general inflation? you know those are the things that will really determine what the market is going to do over the course of the next 12 months, i feel. i have to focus on priorities. you know, right now, just lately, is it peak earnings, which absolute number is no. would i argue that you know, the fourth quarter, our last year, 11.4% growth could have been highest until we get out of the next recessi