The nation and the world his plan to defeat the militant group the islamic state. Phil mattingly is at the white house. Peter cook is on capitol hill. International correspondent Indira Lakshmanan on is in our washington bureau. What will the president specifically be laying out tonight . You will see and hear from the president as he pressed together the pieces that Administration Officials say are ready to go in their strategy to counter the rise of the islamic state. What that will include is the likely expansion of airstrikes into syria, not something that will immediately happen, but something that is within his authority and a possibility going forward. You will also hear about the arming and training a moderate syrian rebels. This is something the administration have been working on for the last couple of years. They have not solidify the path forward. Tonight well hear the president say that that has occurred. You also need to keep an eye on what he says on where he Needs Congress on this. Yesterday, the president said he had all the authority he needs to move forward on it. Lawmakers are a little wary of that, so that is an audience that the president will key in on. President obama believes he has the authority to go ahead with much of his plan without congressional authorization. How is that sitting with the leadership on the hill . Talk depends on who you to. Not everyone is convinced the president has the authority. Beend large, he has supported by congress, including leadership, over the notion that the uss do something to confront the isis threat, but the devil is in the details. Members of congress will screw things test scrutinize what the president says. There are teams uphill briefing lawmakers and they are trying to see what he is requesting of congress. Training iraqis and serial rebels to take on the threat. There are some . Here. Question marks the sense is there will be some sort of standalone vote that numbers of congress will have to take. In this Midterm Election year. Dealing with isis and military action in syria. And era, how broad of an expansion might we see of the u. S. Military role in it combating extremists in syria . Thee are going to see likely expansion of airstrikes from iraq across the border into syria. But i think this will all have to happen under the auspices of this coalition the president talked about after the nato meeting last week. The way you should think about it is the speech is to a triple audience. He will be speaking to the american people. Keep in mind, on the eve of the september 11 anniversary. He will be speaking to congress. And he will also be speaking to the International Community and those middle eastern allies at the president needs on board to cooperate with. To stop thekey crossing of jihad is on both sides of the border, he needs intelligence and money from saudi arabia and jordan. That is part of what secretary kerry is doing in the region today. He was just in baghdad and is now in jordan trying to rally the coalition. Is there an International Coalition of the willing ready to stand with the United States . Hates toministration hear that term, coalition of the willing. They do not want any association with the Bush Administration and what it did in iraq, but they do have a coalition of 10 countries that came together on the sidelines of nato last week. Several are nato countries, including turkey. Some are our usual allies like the u. K. What the president needs is more buy in from countries in the region. Aboutds them to be public how they are going to fight against isis. It is not just seeing as the u. S. Coming in from outside and doing it alone. Talked about the political calculus here. This speech coming on the eve of the anniversary of the 9 11 attacks but also coming against the backdrop of Midterm Elections here in the United States. The president and the white house in general are aware of the political dynamics. It is in part why they are wary of taking a request for authorization to capitol hill. Today is one year exactly to the day when the president gave another primetime address also related to syria. Last year he said he would go to congress for authorization to bomb are all assad in response to the use of chemical weapons. Har alassad in response to the use of chemical weapons. Peter cook come a what are your sources telling you about the break down . Down traditional, partisan lines, do we have people saying this is something that the president needs, is for National Security . How might this go . There is certainly Traditional Party lines. The partisan lines are this. No republican or democrat wants to cast a tough vote on Foreign Policy right now so close to the Midterm Elections. That said, there are divides within each party. Lawmakers have said the United States does not need to get involved with foreign conflicts in the middle east anymore because we all know what happened and has history. In the view of many lawmakers, it was a mistake. At the same time, Public Opinion , after the beheading of two american journalists, that Public Opinion on this more americans are supportive of taking military action. Lawmakers are being pulled in a bunch of Different Directions and that is why it is hard at this moment to gauge exactly how this will play out. Not playing out along traditional lines this morning. Indira, if the president gives an authorization for airstrikes in syria, what does that mean for the balance of butr, not only for isil, four other islamic militants in the region . Its a tough question. Part of the reason the administration has held off and has been weighing its options until now is because it does not want to do anything to help ba shar alassad. Unfortunately, exactly what he predict it has come true. He said the people against me are extremists and al qaeda types. The u. S. Wants to his mental isis but they also do not want to do something that will help bolster assad. Him doing something in somalia with an airstrike against the leader of alshabaab , so they are trying and all parts at the same time. Of coarse, new groups keep coming up, but what you will see is a combination of a diplomatic chatterjee, connecticut strategy, and also economic aid strategy, kinetics dreaded you, and also economic aid. Thank you for joining us. Stay with bloomberg tonight for live coverage of president obamas address on syria and iraq. Mark halperin and john heilman will anchor the coverage from washington. That is not 00 p. M. Washington time. Word from capitol hill that john boehner has in headed the ukrainian president to address congress on september 18. President poroshenko will be the second sitting ukrainian president to address a joint meeting of the u. S. Congress. Investing in global equities. A look at the geopolitical risk on Global Equity markets with a deputy chief Investment Officer with pimco. To bebal stocks appeared mixed as concern bills about the unrest in the middle east, the impending referendum on scottish independence, and the timing of the u. S. Rate hike. A deputymaisonneuve is chief Investment Officer and global head of equities at him sos London Office pimcos London Office. She is with me right now from newport beach, california. Thanks for your time. Thanks for having me. Are the Global Markets undervaluing geopolitical risk . Why hasnt that risk led to what the imf called global Macro Economic repercussions . Thats an interesting point because on the one and you have a lot of liquidity in the markets in this environment where europe and potentially japan are talking about adding more qe. We are on the path to normalization in the u. S. But we have had a lot of liquidity in the markets. In addition, when you think about our view at pimco, although we see a normalization of rates, we see that on a slow pace, to a place where real rates will not have to be as high as they were before given Slower Growth and a lot of debt around the world. That environment is very supportive of equities. Might not investors have paid attention to geopolitical risk as they might have in another environment. All this said, this geopolitical risk clearly creates uncertainty the. The middle east, russia, the impact that russia may have on Business Confidence in europe. In my view, given the back drop of the new neutral, as well providing buying opportunity in global stocks. Withe managing director Deutsche Bank in london, in july, told bloomberg are people of the tenant right now . I think you have a certain amount of complacency, but if you look at the long time time horizon, looking at the depth of the financial crisis, people are saying, i need exposure to stocks because the system is going on. Yes, that experience is behind us. Therefore, where can i find exposure . Looking forward, there are three interesting areas to pick up in the markets. Dollarst one is the strengthening, with the u. S. Normalizing, the anticipation of normalizing, that Means Companies in health care, for example, around the world exporting to the u. S. , or even domestic stocks in the u. S. Could do well. Another area that i find interesting is that angels in europe. Clearly, we know that conditions are going to get more loose, given the recent speech by draghi, and the slow healing will help financials in europe, particularly the insurance sector. Finally, another area i like is japan. The japanese equity market has underperformed here today. Its a valuation that is cheaper than that of the u. S. Market and we are seeing some structural changes. If you see those markets come back, though sectors coming back, i would use that as an opportunity to position myself. Do you think centralbank policies are insulating investors from a global panic, do those policies have the effect of shielding investors from risk . To a certain extent, and you could call that a bit of conflict see complacency on the part of investors. On the other hand, you have this continued support for healing. If you look at the ecb announcement recently, if you look at japan, the need for that continued healing environment to promote a certain level of growth, and importantly in europe, employment, is absolutely necessary and will continue, in my view. Perspective,l risk might that change in the next 24 hours after president obama addresses the nation and the world about the threat from isil militants . You have a very good point. If we had something very clearly stated about intervention in the middle east, that would probably bring that complacency, that element of complacency we see in the market relying on that liquidity back. The market will look at it in a different angle. Again, given the environment and the neutral framework, i would markets to add equities. Virginie maisonneuve, global head of equities at pimcos London Office, thank you so much for your time. Still ahead, the secret behind thed beckhams success off field. And also who he thinks is the best Soccer Player in the world right now. Will bringrg west you a halfhour story, all on the alibaba story. The special airs tomorrow at 9 00 p. M. Eastern and pacific. The Holiday Season is just around the corner. Retailers have been preparing you. Hyman tells us why walmart decided to call in a team of experts to put together its list of top toys, which came out today. There she goes. These are just a few of the toys on walmarts chosen by kids list for the Holiday Shopping season. Year, walmart invited hundreds of kids to dallas with one important but fun task. Play with toys. The kids ranging from 18 months to 12 years voted on their favorites. The retailer used to rely on an army of toy buyers to pick hot items, but with the kids in charge, they discovered what they wanted. Creativity and crafting with girls crafting to the decorate your own mobile phone case. Remember hot wheels . How about a hot wheels remotecontrolled flying car . Walmart uses the data to market toys in stores and online, touting it as a way for kids to get insight onto what their kids watch. More importantly, walmart uses the list to drive inventory decisions. Last years top seller for girls was an earlier version of the f lutter by ferry. Watching girls play with the item, we realized we needed more to satisfy all the girls that would want it. So this really helped us to see that the buyer sitting at their desk would not have known. Goal, which can be challenging, the right toy, the right price, and the right amount to stock shelves and fill orders. Right right toy for the price, the right amount. Julie hyman is with me now. Is this specific to walmart . We do not see a lot of other up toys,olved picking but most come out with a list of toys they think will be hot in the holidays. Even walmart is not just driven by the kids. They are presented with a curated list of toys that the buyers have already figured out will be some of the top sellers. Then the kids play with them and figure out which one they liked the best. There is me running around. One of the various vehicles they had for the kids to test out. You mentioned that walmart uses this as an Inventory Management tool. How well have it done in the past stock shelves over the holidays . If you look at data, you look cap items that have gone out of stock, online and at the retailers. Were relatively high. Target was worse. Amazon did the best at 2 . The other piece of this, if youre looking in the stores, what has been an issue in walmart is not having enough, but getting it out to the shelves. Walmart is focused on improving that. Rider, julie hyman, thank you. Bloomberg television is on the markets. You caught up on where stocks are trading. Again in tech stocks driving the nasdaq up. 6 . Apple is behind that. The s p and dow jones also up. 3 . The pound is, strengthening at scotlands bid for independence lost ground in an opinion poll. It showed excluding undecided voters, 42 support separation from the u. K. 58 for two remain in the commonwealth. 10 are undecided. Manchester united is down today after they posted a fourthquarter loss. The drive is being attributed to an increase in spending on players and administration. If you keep it right here, ladies, mark will have an interview with former man u player David Beckham after the break. Welcome back to the second halfhour of bottom line. Im mark crumpton. David beckham may have retired from the soccer field but hes not allowed about two completely the sport just yet. And simonith sprint fuller, they are working to bring a Major League Soccer team to miami. Hisas also been designing apparel line for the company and all staff. I sat down with him and asked him what he wanted to achieve with this iconic british brand. I am very lucky that over the years i have been able to work with some great rant with great history. Belstaff sees something that i can add to their brand as well. It has been a successful collaboration so far. What do you bring to the Creative Process . I would hope quite a bit. When i first sat down with the creative team, they got me straight away. We sat down, we looked at the boards, and it is everything i wear. It was an easy process and that is why it has been so successful. We have kept it very simple, we have kept it to the things that work for belstaff. Obviously adding my creative side as well. That is what is important. It is important for the success of the collection because people want to see me wear it, people want to see stuff that i actually wear, and i think we have created something that people see that in the collection. How has the David Beckham brand been able to evolve . You are on both ends of the consumer scale, the high and the low end. How are you able to appeal to both ends of the Consumer Population . Over the years people have seen how personal it is to me. I dont think people have ever seen me be a part of something , beinges not involve me in the process 110 . Everything i have gone into people see there is a personal touch, from the booth that im wearing in games, to doing a collection like this with belstaff. People see it is personal to me and i have been able to keep dangling over the years. I am very lucky, i feel privileged to be in a position where people are interested in buying the close that i create, or even the boots that i have worn over the years. That is the creative side. How did your discipline on the pitch enable you to jump into the business side of this . Atis not just looking swatches and styles, but your business input has to be on this as well. I have been lucky over the years to work with some great rants. Evolve and be more successful on the business side. To thes revert back underwear collection that we have. It started out with our money. With theessful collaboration i did with them. Creatingad the idea of something ourselves and owning it. Now we own that but we are in a collaboration with h m. It is something that i have just grown into over the years. My focus has always been in my career in football. I have always worked hard. I have always known what works. My career has always been about when people say one thing about your career is about and it has always been about hard work. It has always been about hard work and i have taken that from the soccer field into the business side of my life. If you work hard in life, things happen. Speaking of the soccer side, you are still looking at miami for a Major League Soccer team. The locals and officials down there have rejected it twice. Have you given up hope on leading the team in miami . Miami will happen. You sound pretty confident. I kno