We have some breaking manufacturing data now here in the u. S. Lets head to the markets desk were julie hyman has the latest. Julie you have the ice and Institute Index coming in at 49. 5 . That is a point better than estimated. Earlier, we got the marketing Manufacturing Index rising to 51. 3 . That would still seem to signal expansion. This number i mentioned the signal contraction. That is something they keep in mind. We saw that factory activity strengthening less than forecast in the month of february. A little bit of stabilization in this number again 49. 5 is the figure we are looking at. If you look at what is going on with the major averages, you can see the s p 500 bouncing around in a narrow range of 9 10 of 1 . All three major averages have been rising. That is even as we see oil actually falling now. Oil have been rising throughout the morning. A lead lower. It did not seem like there were any particular headlines that drove it there. We saw Vladimir Putin meeting with oil executives. We saw that big downward leg and oil. It has since bounced back and up 3 10 of 1 at this point. Overnight, we got data out of china that continue to show weakness on the manufacturing side and the services side. The measure of Service Industries falling to a sevenyear low. Yet that has not been having a negative effect around the globe perhaps because now the read is that there will potentially be more stimulus. Take a look at the bloomberg. I want to look at the sectors on the move. All the groups in the s p 500 are higher right now. Technology, financials, and discretionary are leading some of the gains here. Mark lets talk about some of the individual movers. Honeywell says its abandoning an attempted good for United Technology. What is the reaction . Might expect, United Technology shares are going lower. Its burned honeywells 108 share offer. Concerned about antitrust resistance to the deal. Honeywell shares moving higher to sun edison were looking at that stock as well. The stocks plunging 22 . Its not going to release its 2015 Financial Results on time. It is investigating internal questions about its liquidity position. Speaking of internal investigations, lets mention valeant. Been movings have lower after that company disclosed a new sec investigation. That happened yesterday. The shares took a leg lower and theyll move even lower again today. Vonnie certainly an interesting start to the month of march. Thats check in now with the bloomberg lets check in with Courtney Anna who and the bloomberg first were news. Courtney it is super tuesday and its a chance for donald trump and Hillary Clinton to put distance between their rivals. Mostd trumps favorite and of the caucuses and primaries held in a dozen states and territories for ted cruz and marco rubio are in a battle to stop him. Hillary clinton looks to extend her lead over Bernie Sanders could roughly a quarter of the nations voting today. Join us today at 5 00 p. M. Eastern time for a special edition of with all due respect. Loretta lynch is calling on technologies and the government theind Common Ground after dispute over encryption. In her prepared remarks, which says we do have to be engaged in open dialogue so we can draw upon each others resources, hear each other others concerns, and learn from each others perspective. Bloomberg west anchor emily chang will have an exclusive interview with Loretta Lynch live at 4 00 p. M. Eastern time right here on bloomberg television. The United NationSecurity Council votes today to impose more sanctions on north korea. Kim move comes after jonguns regime carried an underground nuclear test. Would for bidns north korea from exporting minerals. The ceasefire in syria is now in its fourth day and u. S. Plans to take advantage by delivering marking military and eight. Both sides in the civil war have reported violations. The u. S. Wants to distribute 250 thousand people in siege by government and rebel forces. The last will and testament of Osama Bin Laden has been declassified and made public. The claims to have had 29 million in personal wealth, the book which he won to be used on jihad. They were releasing a patch of more than 100 documents seized in a raid that killed bin laden and his compound in pakistan back in 2011. Global news 24 hours a day powered by 2400 journalists in more than 150 news bureaus around the world. Mark Alan Greenspan let the Federal Reserve back in 2006 after spending almost 20 years at its helm. Mike mckee and tom keene sat down with the former fed chairman at his office in washington for an exclusive interview. He discussed the ramifications of negative Interest Rates. Alan up to a point, negative Interest Rates have no effect. Why . Because people are willing to accept essentially a negative Interest Rate to hold the claims of these particular countries. That is going to change if this goes on indefinitely, somethings going to start to move. We dont know what happens when that happens. Is it a dangerous experiment for so many Central Banks to be doing this . As a call to mind does a call to mind the hall season of the 1930s does a call to mind the policies of the 1930s . If dangerous,know but clearly not productive. People are arguing about excessive low Interest Rates for asry long period of time it warps the investment pattern. If you have negative Interest Rates, people will raise funds with negative Interest Rate. Their Capital Investment projects are going to be warped. M the corporations that you followed with your data analysis, are they acting in an unhealthy or improper manner because they have a free lunch from low Interest Rates . Ian the problem basically is am sure they are doing it because you can tell what happened as the cuties opened up qes opened up. We are getting signals distorted because Interest Rates are too low. People are investing in undererm assets the mistaken view as to what the rates of return ought to be. That means you are going to get misuse of capital. Mike the markets these days seem to be telling us that we are in trouble. Are we . Alan we are in trouble basically because productivity is dead in the water. Mike we are not even getting low productivity right now. Why is that . Productivity i will put it this way. Output per hour is driven essentially by real Capital Investment. The data is clear on that. Is waypital investment below average. Why . Because Business People are very uncertain about the future. Mike would you advocate a government policy to spur u. S. Investment in the United States . Alan every time you try to spur it, it turns out wrong. Vonnie that was bloombergs Michael Mckee and tom keene interviewing Alan Greenspan. Michael mckee is with us from toington t, d. C. Discuss what Alan Greenspan said. It was interesting that he is critical or even vocal about the current Federal Reserve. He did seem to be a little critical. You try to stay with the current Monetary Policy and the Federal Reserve, but he did focus on the idea of negative Interest Rates not being good for the economy. Over the past couple of years, muchconomy has not take up speed as he would like it to. He seemed more downbeat about the economy than ive ever seen them over the last 20 years or so that ive known him. It does give one pause to see someone with this kind of experience they it is hard to know whats going to happen next and that hes worried about it. Interestingyet its because he was the person who gave birth to the phrase of the put and that qb is not doing the job in terms of investment. Mike you have to look in terms of time frames. He did believe it helped when the economy was at its low point during the economic crisis. At this point, he does not want to comment on it publicly. You have to question whether or not its adding a whole lot more. It is still stimulating the economy, but is at a whole lot more . He did not want to go there when we asked him about that, but he does not think we should look at negative rates as the next step. He is not sure what the next step would be and he is sure that in the next couple of years we might. Mark the next step in the eurozone is a continuation of the negative Interest Rate policy it seems when the ecb meets on thursday. Mario draghi and his fellow policy makers will ignore mr. Greenspans concern. There is not going to be plain sailing for mr. Druggie. Raghi. Mike we have seen a lot of volatility in the European Bank stocks after negative Interest Rates were adopted and push down even farther. Well have that kind of effect if they go even further and how will it impact overall financial transmission function of banks in the eurozone . Negative rates work if you are a small country like switzerland at driving currency away. Other than that, it becomes a beggar thy neighbor currency policy. While it works for some countries, it will not have a lot of additional help for others like greece perhaps. It is going to be controversial going forward. Vonnie that was just a fraction of the interview. Michael mckee, thank you so much. With formerw there fed chairman Alan Greenspan, look for it on our podcast of section. Mark we are in an hour and 18 minutes away from the close today. Stocks are rising and rising for consecutive day. It is the longest winning streak since october 2015. Investors choosing to overlook that syria rating chinese manufacturing data focusing once again on yesterdays reserve requirements ratio cuts. Stocks rising for the fourth consecutive day. Vonnie coming up on bloomberg markets, donald trump and Hillary Clinton planning to dominate super tuesday. After todays results, while they turned their sights to each other in the race to the white house . Vonnie good morning. You are watching bloomberg markets. I am vonnie quinn with mark barton in london. It is the most important day so far in the presence of campaign. A dozen states will hold primaries and caucuses on the super tuesday about half of the delegates for the republican nomination are up for grabs along with a third for democrats. Me now. Rphy joins it does seem to be a lock for donald trump and Hillary Clinton. I think we can say that so far. Are a couple of things that need to happen in order for this race to stay interesting. There would have to be a ted cruz winfre. Megan its his alum appeared he has to win. If he loses there, his campaigns over and has group has said as much. Donald trump has drawn huge crowds. He definitely has to win texas. Vonnie marco rubio has to have a huge showing he is looking ahead to florida, but he does have to press the party. What do they decide after tonight . Mike what they are looking is to have strong seconds and thirds. 10an donald trump leads in of the state and texas is the only one he is behind it. Marco rubio needs to have strong showings to make the party realize he is still the establishment candidate they could coalesce behind. If you do not have wins and he does not have any wins today, he made sneak minnesota tonight, but its really hard to convince people to keep the money coming in the momentum going. Mark have rubios attacks in the last debate have they stuck at all on trumped or not . Megan i think people were by the time the race has shifted to. Marco rubio thought he could out trump with his attacks on his spray tan and his hair. Some people think its taking the republican race down to a level they do not want to be at longterm, is this going to be damaging for the party . It seems to be governor ball politics or the. Right now. Mark the sander stay in the race and carry on to the convention as he says he will does sanders stay in the race and carry on to the convention as he says he will . Megan absolutely. This message of income inequality and wall street and media to rise everybody up instead of the select few. He raised 40 million in february alone from small donors. That is a huge number that no one will be able to match. Theres no reason for him to leave even if he takes a drumming tonight as we expect. Vonnie thank you, megan murphy. All thebe covering highlights with a special two hour with all due respect starting at 5 00 p. M. Eastern right here on bloomberg television. Mark youre watching bloomberg markets. I mark barton with vonnie quinn in new york. The Auto Industry is coming together in geneva this week with the latest in the nations in the car industry. Carmaker aston martin is unveiling its latest iteration of its iconic db nine. It is called the dd 11. Ryan is still there live from geneva with the aston martin chief executive andy palmer. Ryan have i got a treat for you. Andy palmer is right to my right. We have the db 11. I should let you show off the car. Replacewhat is going to the db nine, Aston Martins flagship right now. It is going to cost how much . Andy starting price is 155,000 pounds. Ryan you can afford that no problem, right . Andy after that, its all about specing the model to your particular taste. Ryan that could push it up above 200 i am thinking. This will come online in september. The oil price is 30 in equity prices . Is there enough people out there to buy this car . Andy absolutely. The top 1 of the population or the richest 1 are increasing and historically at its peak, db nine, when we were making it, aston martin was selling 7000 cars. With the reintroduction of this model, we expect sales to sail back up. Ryan lets talk about last year. One measure of profit how did it come in for 2015 . Andy we are not published yet, but it was better than the previous year. Asannot give you guidance you will appreciate, but two important points. Better than last year and better than the previous year. More importantly, on or above the budgets that we published, which is really important. Ryan last year, you got it back measure of profit between 65 and 70 million pounds. Did you hit that target . Andy difficult for me to answer, but basically we had a budget. Ryan this year, what can we expect in terms of deliveries of your db nine and db 11 at the end of the year . And by the same measure, profits . Andy you would expect profit to increase as a result of a new car. A thousand of these cars were already sold just on the basis of the leaks on the internet. Ryan you presold 1000 cars . Andy 1000 people walked into the dealers and put down deposits. That bodes well for the Financial Year as well because we are watching the car in september. We will see deliveries in 2016. Ryan the reason why im grilling you about it is because your goal is to make this into a profitmaking company in three years time in terms of that income. Andy absolutely. Ryan are you ahead of schedule or behind schedule . Andy ahead of schedule. The measure is an important measure when you talk about multiples in the market capitalization of the company. Ryan there we have it could the it. The trigger for the ipo that you are seeking is when you become a profitmaking company in terms of that income. When might that be . Monk can shareholders by a share in aston martin . Company, buthe there are shareholders in private equity that currently and the company ultimately how they exit is up to them. Ipo,ay of exiting is an but ultimately my shareholders will decide. Ryan you have not definitively decided, but if you give me a sense of the certainty of an ipo, the credibility right now is it 8020 . Andy i think we have a good story with the replacement of the sports car and replacing the db nine with the db 11. And then the crossover. If you were going to float a company somewhere in that per iod, you have good news in the past and going forward. Ryan you have a crossover and you want to revive your luxury brand. Ift would your plan b be you decide an ipo is not the way to go . Andy the current shareholders may decide to stay in the company. The four cars that are already funded is enough. We have to fund the rest of the portfolio for working companies. They do not need to pony up to years your expression. To use your expression. Explanation is that we have four cars in our portfolio and every year, copy paste. Ryan that was the ceo of aston martin, andy palmer, standing in front of the new aston martin that you can buy for 155,000 pints starting price of course. Vonnie starting price is 155,000 pounds or 76,000. That is Ryan Chilcote with andy palmer. The german 10 year yield, we are talking about a rise to 15 basis points. But as a headline passing the bloomberg. When you think about it, that is an unbelievable number for the 10 year yield. Up one 500 right now is one point 2 after a rally which showed contraction in the manufacturing sector, but not much. The Dow Jones Industrial average up 1 . Some big unknowns await china slowdown. Americas Political Landscape will weigh all the risks and rewards. We will weigh in with Daniel Arbess next. Hey hows it going, hotcakes . Hotcakes. This place has hotcakes. So why arent they selling like hotcakes . With comcast Business Internet and wifi pro, they could be. Just add a customized message to your wifi pro splash page