Conversation. Those. Say the United States is we realize each country likes to planning to conduct tests on new explained to me what we got this morning. He jobs report got overshadowed have tare happy to talk about t. Missile technology that would by trade. One issue is that huawei is a have violated a treaty with it was not necessarily a bad report. Russia that expired today. It didnt show us that things chinese company. Last year, President Trump one of the b concerns is the were improving. Announced he would withdraw from is that right . This is a solid but not the 1987 intermediate range National Intelligence law in china that requires Chinese Nuclear forces treaty in 2018 spectacular jobs report. 164,000 is a perfect the good information in order to after accusing russia of number at this point in the developing and applying a weapon recovery. The thing that is worrying as cooperate with intelligence agencies. Itselfld huawei defend that violated the pack. You continue to see the goods that russiaadded producing sector continue to that it will not be used by the had a long history of slow down yearoveryear. Chinese government for espionage . As we have indicated, to law noncompliance and is solely responsible for the treatys that really does reflect the firms have said that the law global headwinds. Caroline market commentators does not say that. Demise. The Chinese Government has said north korea has fired off more the law does not say or mean were looking for pessimistic news today, but it felt they that. Unidentified projectiles into they are talking about normal aired on the side of pessimism, its eastern sea. It is the regimes third cooperation that companies would have. They worried about fewer working in terms of the types of laws in provocation in eight days, after the United States, those are hours, about the revisions from the country declined a chance the previous month. With the telecom operators. For talks with secretary of you are less worried about that . Whatever laws may apply similar state pompeo. I dont think this is a to those laws that allow the a 6. 8 magnitude earthquake report that should change rocked indonesia. U. S. Government access the epicenter was 94 miles from anyones ideas about where the communications, those kinds of economy is heading. It is consistent with the trends but exist in china also one island. We have seen this year. Officials have triggered a romaine you look at this chart tsunami warning. Those are relative to the telecom operators. We would not be asked to turn here and if you showed up chart to anyone, you would say is a over information in that respect. Information ve global news 24 hours a day on pretty solid job market. The air and tictoc on twitter there are issues with regards to powered by more than 2700 journalists and analysts in wage growth. Access to that information if you were required to . We have seen decent wage growth inpeople seem to forget that more than 120 countries. In lower income jobs. Is that trend is still going up . The shared responsibility role we are continuing to see of telecommunications, if i am mark crumpton. Telecom operators control the this is bloomberg. Networks, they control access. Lowwage Industries Driving equipment vendors have a role, growth, which suggest that you to the two main issues the are seeing workers moving into higher paying jobs. Government has raised, they those lowwage industries that may not be as attractive or assume that we would do the having to bid up wages, which is bidding of the chinese exactly what you want. Government. From bloomberg world this product evaluation, which caroline there were some trade we assume nokia and ericsson go ripple effects, right . Headquarters in new york. This is Bloomberg Markets the is that something we will have under, and we have mechanisms that we would love to have close. I am scarlet fu. To brace for . Caroline i am caroline hyde. Isi think the real question reinforced by the u. S. Government, where our networks what a lackluster week it has been. Is the slow down going to keep never touch the customer nothing short of volatile and at going or billet level off . Networks. We have specially configured times, the worse we have seen one interesting thing is we have laptops that are used with the written permission where every since december 2019 2018. Seen postings for jobs like keystroke is logged so it is supply chain sorcerer buyer, all completely reconstructed bowl picking up over the last couple and we have very limited access all the fears of a selloff months. To data. Coming from the center as we see companies arethat that is 40 different operations involved in that. Caroline that is an interview trade with china come back to having to make these kinds of the forefront with tariffs permanent adjustments to the with we ways chief security trade tensions that they had not slapped on chinese imports. A while before. Officer. Thats get a look at the latest down by 7 10 of 1 . Romaine the last couple years, business flash headlines. We have heard from midsize and energy being sold off even as we campbells soup is suspending smaller businesses saying it is operations. See it slightly down in crude not just that they couldnt find a sale2 billion deal oil. The workers but they couldnt find people who had the skill the end to his climbing. Set that they wanted. Plan announced last august. Yen, the swiss some were saying it was not the company is trying to pare worth trying to train these down into debt. People up, i am wondering what apple has dropped eight rewards program from a longtime credit franc any traditional haven, your hearing with regards to the skill level. Card partnership. People being able to meet the it will offer 3 cashback on trying to make sense of President Trumps strategy. Bar for these companies. Employers never want to apple purchases. Google is trying to fend off how the president is invest in training. More antitrust scrutiny. They never want to spend money on wages, which i understand. Positioning himself, clearly is it says it will require rivals weve got sovereign debt like but when it comes down to it and the german 30 year catching a when youre in this point in to bid to be listed in search providers. Bid. Users will choose between google recovery, employers have to make at one point, the entire yield that investment in wages and curve was negative. Now. Is not the case training. And other companies as their default. Long run, that is good for the workforce. Byroline i am interested caroline the search for yield that is your business flash update. Romaine now to a bloomberg indeed seeing supply chain continues as we see negative scoop. Where else are you seeing rates, 14 trillion worth. Interesting new types of jobs or thinking 6 billion in focuses building . We are also preparing for whats one thing we are seeing on a financing, but it is contingent on success. Totally different note is i will be meeting with analysts bracing ourselves for what might happen. Increasing job postings for to outline plans for expansion investstrike monday. Cannabis. Ahead of its stock market debut and that a lot of concern over how china next month. Lets bring in drew singer, who is going to respond, whether it meat. Ne that and faux has the details. Is going to send in the army as this is an interesting story. Well. From threatening more tariffs to you have bondholders saying, we romaine this is an economy that will give you cash, but upfront, striking a deal with the European Union, it has been a we want to make sure you can busy couple of days. Is consumer dependent on consumer spending. Yesterday, President Trump wage growth seems to suggest raise additional cast in equity markets. That wage growth has the exactly. Escalated his trade war, potential to be stable. Threatening to impose a 10 tariff on the remaining untaxed some of the big banks like j. P. I am wondering, when you look forward to what the jobs report morgan are saying if you want to chinese goods and voicing his keep lending the money, we need could be in november, december, to see an ico. Frustration with president xi. They are expecting at least 3. 5 earlier, the president struck a in the heart of the holiday more excited tone, praising a season, do you think the trend line is enough to support that . Billion in an ipo. Right now, we have seen that previously announced deal that we targeted 3. 5 billion, which will open the European Union to more u. S. Beef. Slowdown in goods, but not as would make it one of the years to put this together is head of biggest ipos. Caroline it is a 2 billion policy at Renaissance Macro much in the private service sectors. Research. That makethe sectors letter of credit they are after. Rate to speak with you. Thank you so much. Morgan is one of the banks up most of the jobs in this it has been an eventful week and economy. As long as those sectors i want to combine it with your ipo, itif you get this continue on steady growth, we observation from your latest note, which is, the president should be ok. Caroline given that wages are does not seem interested in all looks pretty good. Starting to improve, do you maintaining the status quo. Think that should stay . We have not seen this talk to us about how you add up hopefully, people will keep stipulation before. Towe have seen banks his actions and whether they spending money and making form a grand strategy or whether investments in the services that provide jobs for other workers. Everything they can to compete with ipo. They should be seen as seen it thisally individual decisions, perhaps caroline we want to give our blatantly and this close to the ipo. Impulsive decisions. We are about one month away from i dont really see them as thanks to indeed hiring labs the expected ipo of we work and Research Director on all things impulsive decisions. Hiring and work and a little we still have this public i think if you are president cannabis there as well. Contest going on to get a part we have been talking so much of the business. Romaine do you have any sense trump, you are watching this negotiation and being very about bond yields plunging, what of how this will shake the frustrated, because china is getting a boost and why psychology of potential continues to promise things and investors . When i heard this, the First Investors are becoming more not follow through. Thing i thought is, i can expect when negotiators came back from willing from new york, this some kind of convertible bond shanghai, it became clear that sale . Is numbered. I think this shows that we they are just looking to wait work is going to keep burning him out. This is bloomberg. Through cash. This is a company that makes 1 wererms of options that billion per year at 80 available, he was trying to occupancy. Im not sure how that works. Force negotiators in china to take him more seriously and that is why you so that we announcing edna how this will become a profitable vehicle. The 10 tariffs. In the meantime, they need to he did this before in september keep finding sources of revenue. They have 10 billion of 2018, where he initially investment in softbank that may proposed 10 tariffs on 200 have to come in and help them billion worth of goods from china, when things did not move again. Caroline to be fair, some of at the pace he thought was the numbers do not look too bad. Appropriate, he escalated it to operation,mes buying 25 . I think it is interesting, when you look at the timing of the tweets but when they go into that looks pretty good in terms effect, they would not go into of the business plan. Also, they have a net member effect until september 1, which retention rate of 121 . Gives people hope that, should china go ahead and provide some numbers look good, but it feels to me that the bank is meaningful concessions in that saying we dont entirely time, maybe trump will walk this back, as he is done with tariffs understand your business model. The economics dont quite to mexico, the European Union, make sense. The goal is not to make money japan and others. I do think there is some yet. The goal is to spread Business Strategy behind this. Caroline will the strategy and revenue as far as they can. Work . We work is planning on using we have heard from a finance some money to expand overseas. They are not even trying to turn ministry and a diplomat quoted china to china, trump a profit in the u. S. Romaine they actually have bonds out there right now. Is losing his last bit of i think they are trading at 8 . Credibility. That is a risk. I think it is a double b or a triple be bond. Right now, trump is willing to the spreads are wider than take it. Tesla. I wonder if this is about faith i would watch chinas actions more than their words. In we were asked business or they have their own domestic about how do you value this audience to be sensitive to. Company, are you valuing it as a i think the big thing will be, do they call off negotiations in whatever. September . For china, something to consider is if you are trying to wait President Trump out, are you going to be better off with a when you rest on a leesa hybrid that is a question equity democratic president . Mattress, bedtime is no longer investors will have to ask themselves over the next month if you are concerned about when they decide whether they simply the time you go to sleep. Will get behind this ipo. Technology ipos are going its time to switch off and pretty well this year. Nontariff measures like actions some of the worst performing ipos a lead among the tech against huawei, a democratic catch up. Enjoy me time, and we stocks, two of the largest ipos president might not be willing to negotiate with trump if you time. 40 winks or 8 hours solid. Of the year. Look at what congressional the leesa hybrid mattress other ipos that look like we leaders have been saying with respect to huawei. Combines two technologies to work are underperforming this to makeght be willing year. Give you deeper rest and want to knowyou rejuvenation. 1,000 pocket that part of the deal, which may springs provide edge to edge what you got served at this event . Be in chinas interest. Support, responsiveness and romaine beyond meat . There is another risk that if comfort, while premium foams you are banking on trying to relieve pressure. Keep you interfere with our election by comfortably cool and limit hurting trump politically, trump motion transfer. Leesas hybrid caroline avocado toast, quinoa and beer. Romaine thank you very much. Wins with 25 tariffs on all mattress is not only recommended by experts, experts choose to we are going to stick with this chinese goods, then he has a lot sleep on it too. Try it yourself workspaces story, because of political power and cover another story on our radar was in any west elm store. Or order heading into his second term to online and well ship it to your this phone booth size office. Door so you can try it risk this is debuting in japan. I think if you look at a new free. The leesa hybrid is democratic president , just american made. Built to last. These are basically little cubes and, because Everyone Needs a the size of a phone booth. Because they win in november, they will not take office until place to rest, we donate tens of the end of january. The idea is if youre on the go thousands of mattresses to those and need office space, you pay a they will need to assemble their in need. Experience the leesa cabinet so you could have few yen, you can pop in there hybrid mattress. Right now, its tariffs lasting that long. For 15 minutes to one hour, but , sos very risky for china on sale. Order today. Go to leesa. Com. Mark President Trump today a lot of other offices are starting to experiment with the it will be interesting to see idea of the open office space, how they respond. President has which we have here at bloomberg. The idea is people want a little bipartisan support for for bit of privacy and instead of confronting china on trade. We have heard democrats in giving them offices, they agreement with him on that. Decide, lets cram them into these phone booths. Our u. S. Voters in support of caroline this trend in japan tariffs overall . Praised a new agreement to does he have a mandate from the public . Increase beef exports to the was always sleeping in cubicles. Now, voters are European Union, saying sales i feel like these got smaller should increase 46 in the first and smaller, but they have year. Always got 1000 in japan. He portrayed the agreement as staying with him. Standing up for armorers and ranchers rid producers have been you think this is tariffsretaliatory candidly, it is probably one of going to come to the u. S. . The reasons the administration caroline i hope not. Was trying to avoid, because if romaine i like the open plan, you look at the impact, it is imposed after mr. Trump proposed going to be pr tariffs on chinese products. Interacting with coworkers. I think this is something where i am a sociable guy. Caroline that you are. They will have to see how this plays out. Congressman John Ratcliffe coming up, a slowdown in Profit Growth and shipments in the withdrew his nomination after omy is strong and voters are Second Quarter. With him, but if that changes, why some analysts are expecting the supercar maker to boost scrutiny of his qualifications. Outlook. This is bloomberg. He might have to reevaluate his republican senators have been strategy. Unusually silent. Democrats tore into him as a unlike things like the Federal Reserve and lowering interest trump loyalist who would rates, where you have to wait for a while, this is something undercut the judicial trump could undo easily, perhaps independence of the intelligence agency. The president said ratcliff with a tweet, as we saw him threaten yesterday. Would remain in congress. If you look at the timing around and administrative judge recommended the firing of the new York City Police officer his political calculus closer to the election, that provides accused of using a chokehold in another opportunity for trump to the 2014 death of en unarmed reevaluate the situation. Black man seen on video saying i it will also depend on who his opponent is. Scarlet absolutely. Cant breathe. The Police Commissioner will researcholicy at macro make a final decis