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Thank you for being here. This is important. What we are doing oday. This whole festival is on behalf welcome to the festival and to our oneonone with susan rice. We have an hour together. Thats going to include at least 15 minutes of time for your questions and answers, so youve got 45 minutes to think of some killer questions and im looking forward to hearing them. You all know ambassador rice. She served as u. N. Ambassador then security ide viser and then secretary of state under the bill clinton administration. You may also know that she has a book coming out soon, tough love my story of ...

All passed, deutsche the only surprise. New problems for boeing. A new fault is found on the 737 max 8. An issue said to be on other claims of the fleet. Shery todays big story, betweens meeting President Trump and xi jinping will happen without preconditions. Yvonne man is in osaka. It seems everything is on the negotiating table, but everyone we speak to dont have high hopes of a breakthrough. Yvonne some are saying this is of what was said, a ande truce between japan china. A lot of doubts that perhaps things could be status quo. The wall street journal yesterday reporting china is demandin...

Front, showing continued moderation. The market is pricing in the summer. That is quite reasonable. They have room to be very patient. Likely you could see the rate cuts get pushed back. There is a cyclical Recovery Room in this economy which may or may not support that june cut. The baseline remains two or three cuts starting in june. Hopefully now we have less chatter about a hike or no hikes this year. This is bloomberg surveillance with jonathan ferro, lisa abramovitz, and annmarie hordern. Jonathan good morning. This is bloomberg surveillance. Your equity market is negative by one third o...

There is a Reasonable Risk that they do not cut year. The start of cuts is not easy. In is about normalizing. Inflation is slowing down. Jonathan this is it. The third hour of bloomberg surveillance starts right now. Good morning. Inflation data right around the corner. I know how much work goes into this. Strip out food and energy. Lisa everyone will be looking at it because there is this impulse. Jonathan where does this leave the Federal Reserve . Annmarie they will be focused on this, but this is not going to be enough. What strikes me is the yearoveryear cpi is not too far with the budget...

From Francisco Blanch we welcome cal ron causing and keith lerner, both here. Good to see you both we can frame this, cameron, as this is perfectly routine, the s p had a total return of 20 in just, its very normal if its a bull mark to have this happen, maybe even something deeper. On the other hand, we havent benefited from further evidence that maybe we have an economic soft landing so take your pick. I think its the combination of all those things. We think its probably right to start asking the question, did he wit the valuation ceilings. They were up 50 from the october lows, so how much...