david: on the privatization dialogue with jonathan. you have to build things that we do, bridges, roads and stuff like that you got it deregulate before hand. >> first of all -- >> i'm very hopeful about this president and infrastructure fixed to america. that's what he did. you couldn't build trump tower without pain them mom. it was very hard to get that done compared to some highway across this country. that said if we have the infrastructure of european countries and china and all these places where you go to the airport in shanghai like a couple years ago, it's not just deregulating. other countries pay for partially with taxes -- first-class services. they have something in the budget to pay for. if you think it's going to magically happen and not cost money. >> you don't necessarily has to raise taxes. a lot of highways in this country used to pay a toll for and with the toll is paid off don't have to pay more. >> self-confessed duracell prescribed king of debt. this country already is deep ad hoc. record that across the board.

did jonathan have a period like that? >> it was interesting because when we first took him into basically a psyche ward to detox he said this was the worst mistake we would ever make and that's classical for someone who is in this situation, who is in complete denial who has a problem and it took us five days just to find a place that could take him which was complex because john was close to his 18th birthday. so adult places wouldn't take him. places that only take adolescents wouldn't take him because he was almost an adult. we were fortunate after five or six days to find a place. when john got into treatment, to more directly answer your question, he did well. the first month is rough. detox, denial. i don't want to be here. this is boring and they tell parents don't respond to that. jonathan will -- please tell your counselors and we're here for you, that kind of thing rather than trying to do something about that. over the course of 15 months of treatment, and i would say even after about a year, we saw our son com

jonathan head, bbc news, p indonesia. jane: with more than 70,000 ople displaced by the tragedy, a ma trying to leave the island, but the airport is also doubling as a makeshift hospital and h for relief efforts, as hywel griffith reports from palu. hywel: they want a way out, but for many camped out overnight at the airport, there is no hope of e aving. after unami, thousands flocked here hoping to be airlifted, but five days on, this here, still waiting.l she told me that the tremors continue. she is so worried another earthquake will come, she will not go inside the terminal in case it collapses. you can see why. inside, walls have fallen, the building has buckled. it may not look like it, but this airport is just about able to function despite bricks lling from the wall, brokens, glasangled metal over in the baggage hall. this is the only airport anywhere near the disaster zone. it simply has to keep going. the airport has also become a makeshift hospital, using the medical aid that has been flown in. but there are re

jonathan even look at the numbers noise numbers just difficultly what have you found out force but i think if you make a player immune from criticism like manuel neuer then you kind of risk overlooking other people to their detriment and as you said we have some statistics. if this is based on kickers magazines ratings so you can base it gives ratings like school marks one is the best six is the worst and no one actually comes out sixteenth out of the eighteen but is that your goalkeepers with an average rating of three point five we can see that as we mentioned earlier really ya steiner from hats at the top of the pile from a bookie. don't mind so i think this is going to show that bruce lee has a wealth of great goalkeepers especially german ones germany always produces great role keepers have got one sat right here maybe. the cost in that a bit wider absolutely no one last question for you you've had your own lows during a career especially the world cup here in germany in two thousand and eleven how did you overcome setbacks like and what lessons that you learned if you passed on

jonathan dienst joins us on set. he's been talking to his sources all afternoon, and he'll be updating us after a quick break. stick around. e updating us after a quick break. stk icaround stop fearing your alarm clock... with zzzquil pure zzzs. a drug-free blend of botanicals with melatonin that supports your natural sleep cycle so you can seize the morning. zzzquil pure zzzs. you might or joints.hing for your heart... but do you take something for your brain. with an ingredient originally discovered in jellyfish, prevagen has been shown in clinical trials to improve short-term memory. prevagen. healthier brain. better life. >>> we're still following breaking news coming out of, there you see, pittsburgh, pennsylvania. these pictures from a little bit earlier. on the lower right-hand side, we are waiting for what we expect to be the latest briefing in terms of those who are injured, those who have died, and more about the suspect. lower right-hand side is where we're going to get the latest update from authorities t

let's discuss with jonathan martin, national political correspondent for "the new york times" and jonathan green. j. martin, you've been reporting in the midwest. where do you see the momentum at the moment? >> two americas from that great american philosopher, john edwards, a senate map and a house map. i think the senate map is much more favorable to the republicans at this point than the house map. talking to folks yesterday, both democrats and republicans, they believe that right now the senate probably looks like anywhere from, you know, stay where it is to a plus one or two gop gain. looking at the house, there's a consensus that the democrats do pick up a majority. some on the right believe it will be a very narrow majority. the question is now is that 27, 35 seats in the house? but that's kind of where things seem right now. where this is different from past midterms, there does not seem to be an appreciable fall i don't have from either party. democrats won big in part in 2006 because the gop was depressed. in 2014, democrats could not get their folks rev ved up. president obama w

>> yes, jonathan is doing an excellent job to lay it out. look, we don't know whether the bomber made the bombs not wanting them to go off. but i don't see that as the case can. all of the components are there. he's got a timer which could have been a safe arm switch, but what we have not heard of is if there is a detonator or pull switch or microswitch in there. and the other thing is that some things to look at. we can't confuse the bomber's intent with his ability, as jonathan pointed out, it could have been poorly made. ki look at it and te-- and i ca the tell you many of the things that are poorly made, and i don't want to educate the guy, so i won't point them out, but every person was opened by a civilian target, and the bomb squad opened, so we don't know how it would have happened in a civilian's hands, and we don't know that yet. they are looking at that in the lab. and secondly, shrap nenel is ine of it. and many times they will ut strap the nails on the outside so it is looking scary. and he sent two bombs to maxine waters or joe

jonathan greenblatt,'d like to start with you first.i we are s learning about the depths of hatred of theur pitt suspect, but your report, as i mentioned earlier, has comed in one yaea nearly 60% spike in ancti-semi attacks and harassment. broadly speaking, what were you documenting, and why do u think this is happening? >> at the a.d.l. , we have beinn fighate for ener 100 years and tracking anti-semitic inc in the united states since the late 1970s. in the past year we saw a increase of 57%. that was a year-on-year spike, the largest we've eveseen, and it included acts of harassment, ndalism, and violence. i would attribute it to a few factors. number, oneabsolutely the political environment. we know that the white supremacists feel emboldened when their language ends up literally on the lips of our leaders and their rhetoric is retweeted. the president has been doing f th some time, an we've called it out durinhis candidacy and more recently when he's been in the white house. you've seen other political araders, as you mentioned in the open, fe mongering about george soros and jewi

jonathan dienst still with us. i know that you have a couple of jobs tonight but i wanted to get your first reaction, and of the information that we learned of, your thought? >> my thought, the 11 fatalities is a new number. >> up by three. >> no children. somewhat of a relief, and a bit of awe in terms of when you hear the stories of how law enforcement went and confronted a heavily armed ar-15 holding suspect, who's blasting bullets at innocent people and at them, and they're risking their lives, and going in there to save as many people as you heard, some of the folks at that news conference saying, it would have been a lot worse if not for the actions of those officers who went and first confronted that suspect and when they were risking their own lives to stop them. >> let's underline that. because of the injured, four of the six were officers. >> that's right. and they are all going to be okay. they're all stable. >> doing fine is what the doctor said. >> right. questions for that one of the victims sounds ve

jonathan head. now we can speak to oui’ jonathan head. now we can speak to our correspondent nick beek, to talk about the effort, what do you make of the level of support they are getting there now? this place is the biggest indication of the level of support that indonesians are offering to the victims of this disaster. all of the aid in this room is donated just today, would you believe it. there are toiletries here, food is stacked up. they are going through the clouds separating from men, women and children. they have been working through the night. i asked one man why he's doing this and he said there are brothers and sisters, we have to help them in their hour of need. but the reality is, as we had from jonathan. this is not high—tech medical equipment and there is a feeling that all of this could be too little too late. this is not machinery, this is not diggers which week could use to price people from the rubble and there is a growing fear here, a reality in fact, that many people wait —— people may have survived the earthq

major disasters caused by the earthquake. —— jonathan head. —— jonathan head. even now, five days after the earthquake, the tsunamis and the mudslides, the damage wrought on this part of indonesia still has the power to shock. some buildings crumpled... others were literally swallowed by mud. it was the mud that did for petobo, a neighbourhood to the east of the city. fields of rice, shaken loose by the earthquake, that poured down the hillside. it buried the mother and baby sister of fiona, not yet two years old, who was pulled from the mud by her older brother. she's being cared for by her aunt. translation: she often asks, "where's my mum?" "where has my mother gone?" i tell her we're still looking for her, or i say, "your mother has gone on a long journey." if she has a loud noise or a plane going overhead, she's scared. she's still traumatised. over here, it was even worse. a road, and all the houses along it, obliterated by mud. astonishingly, this cornfield has travelled more than a mile. and this mad jumble of wreckage is the remains of at least two vil

and jonathan who was in the room yesterday can elaborate on this as the president made the comparison of the way we were viewing the situation with khashoggi in saudi arabia with brett kavanaugh with here you go again with this idea that you are guilty until proven innocent. and we did hear the president saying about the situation that we of course need saudi arabia here for a variety of reasons in his eyes, and one as it relates to a new deal with iran, and in effect right now trying to crack down on iran, and one of the regional adversaries of the saudi, and the adversary of the united states, but separately, what is significant from the comments here is the fact that he is sort is of holding out. he is going to wait for the end of the week and see what happens, and get more details. he would not say whether they had audio or beyond that and if the fbi is involved and he keeps talking about the $110 billion de deal, and a fact checker is reporting that there is no $110 billion deal right now, and it is not real yet. at loft the-- a lot of these ar future sales and not locked up but

jon: from new york city, i am jonathan ferro. this is "bloomberg real yield." ♪ jon: coming up up, junk debt a shelter from the storm. the fed indicating it will not be enough to shape policy. riskiest partthe of fixed income, a basket of stability in a volatile world. >> credit conditions and lending standards remain extremely generous. >> we have been saying it is too extensive to buy but too early to short. >> highly leveraged equities are underperforming. the fixed income credit markets are not that worried about it. it is a really interesting disconnect and quite unique. >> high yields should be compared to equities. high yields are looking more attractive. >> if you see lending standards tightened and credit spreads widening on a sustained basis, you know you will create a feedback loop into equities and head into recession. we don't think that is a story for the next few quarters yet. >> the u.s. recession looks a long way away to meet. you would normally see credit ifrting to weaken and widen the underlying growth pictu

. >> and jonathan, this is "the washington post" story. this is one of the people who works -- has a relationship with your newspaper, an opinion writer for your newspaper. what has "the post" been able to do? >> "the post" has been able to at least as an institution raise hell in all quarters where we can raise hell. whether it to the administration, the saudis, the turks, anyone who will listen. because -- >> and this is normally a thing where "the washington post" would have a receptive ear at the state department and at the white house. >> right. and in fact, you wouldn't have to demand that the president of the united states say something, that the administration would say something about not just the disappearance and possible murder of someone who was living in the united states but also a journalist. freedom is like the bedrock of american democracy. freedom of the press is essential. journalists are the only people -- journalism is the only profession protected in the constitution. we are a beacon for other nations around the worl

jonathan, look, you write about senator susan collins. what is the read how they came to her decision? yes, chronicled that in the 45-minute leadup to where she stated what she was going to do, but your takeaway from all of this is what? >> my takeaway is twotwofold. first of all, something implicit at odds she said with what some republican suggested, certainly republican voters i've talked to lately traveling around the country for trump rallies. that is that she basically seemed to be saying that if she believed brett kavanaugh had attempted to rape christine blasey ford she would have been a no vote, and that may not have been true for some of the other republican senators. the other important thing to take away from it is what she basically said is that she doesn't believe dr. ford suffered an assault at the hands of brett kavanaugh. that clip you just played, that it failed to meet the more likely than not test, and so few republicans were willing to say that they didn't believe ford. i think senator lindsey graham said she had a pr

here and now with more, howie kurtz, a host of "media buzz" and jonathan schwan. let me start with you in terms of the coverage and watching this from both sides. the white house and of the press. how do you think the press has done? >> well, i would also try to get in the game of press criticism. i think some of the coverage with this president on any given topic is over-the-top and hysterical, i think we find that no matter what the topic is. from his side of things, i mean, again, i don't really like getting into tit for tat but i will just say one thing. it does concern me as someone who cares about the press and media and also just this country, even though i have a different accent. when he uses the term "the enemy of the people." there are a lot of people that follow this president, and some of them are crazy. that language is incendiary. i worry it will lead to really big dumb like a bad consequences. >> at a time when the country needs healing, it seems as if both sides are locked in an escalating vicious cycle of harsher and harsher rhetoric. so "washing

both jonathan and liz are fox news contributors. deirdre is getting at something they're calling peak earnings. not a liz peek. >> ouch. connell: the idea, we've seen the best, what do you make of that jonathan, especially on the sales side she said? there is some concern there, right? >> the earnings are terrific, but what we've seen often times, colin, the stocks traded down after those earnings. i think the market is indicating structural problems here. almost 500 new 52-week lows. only about 30 new 52-week highs. as deirdre pointed out the banks just a bloodbath today. materials stocks, homebuilders, despite the fact you said the economy is strong, earnings are good, the fact market is so weak i think a harbinger of bad times. connell: we saw some strength to be fair in technology, liz, bouncing back but what do you make of what jonathan says there are structural problems in the market? do you notice the same thing? >> i think earnings will continue to grow because the economy will continue to grow. leading indicators, manufactu

but i want to emphasize something jonathan said. it's very easy to simply say, well, there were bombs put in the mail. i think we should call this what it was, a coordinated attempt at mass assassination. >> they were meant to kill people. >> a whole set of public officials and former public officials for most likely their political views and ideas. and that is an assassination attempt that we have never seen on this scale with this many people in a single day. and i think it's worth noting, and the fact that the president didn't understand the magnitude of the crime here, the magnitude of the domestic terrorism, and it is domestic terrorism, is somewhat concerning. and that's because of course for trump -- >> it really is. >> for trump terrorism isn't terrorism unless there's an arab he can blame for it. so he doesn't recognize right wing domestic terrorism as terrorism. but in fact i went back and read the definition of domestic terrorism, which is defined. and this does meet that definition. so i think we at least in the media sh

♪ >> from new york city for our viewers worldwide, i am jonathan ferro. this is bloomberg "real yield." ♪ coming up, risk assets try to stabilize following a week of outflows. the federal reserve taking a presidential beating. still looking to deliver more rate hikes leaving most wall street strategists to curve flattening going at the 2019. -- into 2019. we begin with a big issue. a messy week on wall street. >> we will see more talks about u.s. treasuries. >> for us, fixed income is the biggest risk in the financial portfolios. >> what to watch is going to be credit than treasuries, because of we continue to see rates rise, what we may see is people bail out of certain sectors of credit. >> we think that means you ought to be cautious in high-yield, high grade, those are places where you need to be careful. >> there is no new information that came out about the fed. if the market suddenly got it, that is the market's issue. the fed has been clear. >> at some point to when they start fighting hard and we see the corrections and you see the implications

what turns the tide, jonathan? oecd level organizations taking the lead, or the public themselves changing their tastes? it has to come from the public. ultimately, whether it is europe or the united states, what you really need is new legislation. the entire regulatory apparatus, the doj, the ftc and the courts have been interpreting this for the last almost 40 years, antitrust laws according to consumer welfare standards. basically nothing is really punished. therefore you need voters themselves demanding politicians make antitrust do what it used to do, have teeth. thank you for coming to see us, bill rhodes --jonathan tepper, the author of "the myth of capitalism." 5 p.m. london today, jonathan ferro, you can fund and -- find in theour desk, getting car, your driving home, tune in. this is bloomberg. vonnie: it is now time for our gloom -- global battle of the charts. kicking things off is our international economics and policy correspondent, michael mckee. michael: we will beginning you tomorrow's news today a

multis residency and passport program is managed by jonathan katona. he travels the world to promote multi citizenship to the super rich. what kind of people do you want to attract people who are well not or of those who have talent left something to contribute to the country you see with those jaws just what it does in the streets in the us for a little more than i expect there's a strict control we have for sure controllers and their continued to build on those for holes obviously and one which is being investigated or there is. criminal connotations to have the people that we don't want to a source for. jonathan and this team say they only select few to citizens who will help the maltese economy. but what risks does this very lucrative business pose. that is the question being asked by the o.e.c.d. the international organization for economic co-operation and development. it is investigating the dangers associated with the passport industry. where you're least we can see the risks related to circumventing the laws on inbound for example or being able

mountains residency and passport program is managed by jonathan cut dona. he travels the world to promote multi citizenship to the super rich. what kind of people do you want to attract people who are well not florida who have talent have something to contribute to the country you see with those jaws oh yes yes it does in the streets in the us for more than i expect us to control we have courts for control issues and there continue to build on those holes obviously and one which is being investigated or there is. criminal connotations to have the people that we don't want to. jonathan and his team say they only select few to citizens who will help the multiset. but what risks does this very lucrative business pose. that is the question being asked by the o.e.c.d. the international organization for economic co-operation and development. it is investigating the dangers associated with the passport industry. where your lease we can see the risks related to circumventing the laws on embargo for example or being able to hide one's nationality for fiscal reasons

i will vote no on jonathan kobes. thank you. cannot go to we the agenda because we do not have enough republicans here. think democrats for taking their job seriously. could we do the bills? while we are waiting to do the nominees? if it is ok with you? >> at some point, i would like to be recognized. mr. chairman: why do you do that right now. >> sure. mr. chairman: and i will call our new and we have the bill up, is that ok? >> i just -- by what the senior senator from california just said, and i agree with her. we seem to have a partisan rush to discard this committee's efforts, and by , that was not unique just to justice kavanaugh's confirmation process. although, i might say that was the least transparent in the confirmation process i have seen in 44 years. there have been others before us here, but speaking just to the recent last 44 years. it is part of a broader trend. yesterday, or the seventh time in this congress, and we have not even finished two years of this congress, we had two circuit court nominees in the same

al jonathan allen, this coverage of the independent minded, talk about susan coll s collins, scores the game winning touchdown for her president and majority leader and her party and this nominee. >> she was the closer and she closed hard. she went out there and she made the case for brett kavanaugh. she took many of the things that people in the left were saying and raised them up and knocked them down and used the republicans argument to knock them down. she ignored the kavanaugh out bi burst. the one that he came apologizing for but back strtracked in the street journal over night basically saying he had gone too far. the two most important take aways are this, brian. she said that dr. christine blasey ford failed to meet the likelier than not test. the judge could not be stopped from going to the high court. the implicit thing there is that had she believed christine blasey ford that would have been disqualified for kavanaugh. you did not hear a lot of republicans actually say that. the explicit thing there was she did not believe dr. christine blasey ford. she did not think it

jonathan head, bbc news, palu, indonesia. that was jonathan head reporting from palu, and getting these survivors those crucial supplies, food, water and petrol, has been the major challenge. the local airport has been shut for commercialflights. they were open to chartered planes and helicopters bringing in those supplies, but because the airport was damaged by the tsunami, that has been quite challenging. and, as we experienced ourselves, the road journey is quite long and very challenging, as well. the international community has started to offer some help, and the indonesian authorities have been saying things like sanitary facilities, clean water, tents, fuel service, blankets, are still in need. because remember, thousands of people, tens of thousands of people, took refuge in the hills. and they have now been brought back down, but they need all the help they can get. the uk's offer of help should be arriving on thursday. hywel griffith reports from makassar, where the aid agencies have been organising all of these sup

but jonathan, you know, there's anti-semitism and bigotry on the left, as well. i'm not saying it's the same thing, but lou farrakhan is out there calling jews termites, and preaching hatred, and he is somebody who recently was on stage with several former presidents at a funeral. >> that was shocking. you know, i go around the country talking about this, and i talk about louis farrakhan as bigoted and as horrific as anything you have seen, what comes out of his mouth is as awful as anything that comes out of david duke's mouth. it's pretty much the same. but farrakhan's power kind of peaked in 1995 with the million man march. that line that i've used was so undermined by that image at aretha franklin's funeral of bill clinton sitting next to louis farrakhan. it made me sick, it really did. look, the left needs to be speaking out as forthrighty as t the right. >> why would we tolerate it on either side? >> it should. be, but in terms of her funeral, i don't know who was on the invitation list. somebody being at aretha franklin's funeral is not the equivalent of w

thank you, jonathan. thank you, rabbi. marcus, thank you. and again -- >> don, could i say one last thing, please? >> you can say whatever you want, rabbi. >> i'm sorry. i'm sorry to interrupt you. >> no, that's okay. go on. >> i've been trying to say this. you know, the first responders are marvelous, and they have to be thanked. everybody here. and i want to thank the media for being so gentle and kind and understanding. don, we appreciate what you do. and you don't hear about that enough. and i've said it over and over to everybody i've spoken to. just know that you're appreciated. >> thank you, rabbi. thank you all. i want to bring in now reverend sharon risher. she knows all too well the pain of the people morning their loved ones tonight. she lost her mother and cousins in the massacre at mother emmanuel church in charleston in 2015. i keep wanting to go a.m.e. but good evening to you. i'm so glad you could join us, reverend. this is horrific. for those in pittsburgh tonight, what do you say to them

we are here on behalf of jonathan. all of you have his essay. his desire in life was to help those who cannot help themselves. we are carrying on his legacy. jonathan was, in my opinion is our opinion, a great young man, compassionate, loving, great athlete, smart, intelligent, creative, but all along struggling, struggling internally from a very young age. >> we believe there are three pathways into substance abuse disorder. the first is over prescriptions for a medical procedure or dental procedure or injury. the second one is what you might call the party path, if you do this enough you'll come dependent upon it and the third is self-medication for some sort of mental health challenge. when you figure 1/3 of young americans entering college have some sort of anxiety or depression or something like that it is easy for someone to hand them a pill that will make them feel better. we believe choice is a very abstract concepts when it comes to this particular epidemic. imagine when a doctor is prescribing something to you, we should trust the doct

let's bring in jonathan crane he's in paris and will be heading to the big match later on hi jonathan germany can't seem to score anymore what's gone wrong. well i think it's better to ask what's gone right at the moment and the answer to that is really not very much you mentioned that stout failing to school in the last three competitive games that's actually a wrecked course which they've only won three of the last twelve and for a country of germany's footballing stature that really isn't good enough now what's gone wrong specifically well after the broke up i think you're going to try to focus on defense that was where he was putting most was attention he moved us to a kimmage that's for more defensive midfield position and in the pits were dressed up but it's really left germany potency up front there they were creating chances against netherlands they failed to capitalize and really didn't look too dangerous and i think that's something they're really going to need to turn around and the big question is what's going to happen to the coach how much pressure is he under. he's unde

jonathan: yes. sometimes they are forcibly enslaved, and other times verbally enforced to stay behind. one former slaveholder after his former slave returned from the army to help out his wife, the master basically threatened and said i will hurt your wife if you do not take and help me cultivate these crops. they were enslaved in part. whether the soldier made it to freedom is unclear, but they were enslaved for a bit of time. last question. >> james of williamsburg, virginia. yesterday wilson green mentioned general benjamin butler favor troops in his.ct operation north of the river. have you noticed any correlation between how the troops were used in desertions? -- and desertions? butler's attack on harrison and gilmer, all of those forks were landmine protected. it seems benjamin butler always put usct troops in the front when he protect a landmine that attacked a landmine protected fort. jonathan: no direct correlations between the way they were used and desertion, but late in the when the circ

two white house reporters with the associated press, jonathan lemire and jill colvin. jonathan, you're here with us in new york. home field advantage. you get to go first. were you surprised? was there in your reporting widespread agreement in the west wing? was there any dissent that he went ahead with the rally tonight? >> there certainly was some surprise that it happened. and there were some voices in the building who suggested that maybe he shouldn't. and the white house is very sensitive -- once they made the decision to go forward with it. sensitive to how it would play. the president feeted a number of times about this idea, he wouldn't want to let the people down who had lined up to see him. and we certainly know he is -- you know, how fond he is of his base and the folks who do come out and perhaps not spend the night to get in line but spend hours there. he does want to cater to them. the deputy press secretary came back and talked to reporters about it. the president, you know, again talked about it at the white house. they wanted to see this through. it un

jonathan, you are on the ground. what are you seeing there? what's the level of activity? >> we're just pulling up. it really seems to be the media start iing to converge on the clinton home and there's always that street they live on, the police protection so really our chopper will have a better view of what's going on. but picking up on what pete is talking about in terms of the screening and the security measures and precautions, there's going to be a lot of calls about suspicious packages now coming through to various law enforcement. the new york city police department is advising us there's now a call at the time warner building where cnn offices there's a report of a package there they are concerned about. so they are going to go there and check it out. so we're going to be seeing in addition to protectees some additional responses to other public whether it be media companies or other offices today as a precaution given the fact that somebody has sent three packages the mail with explosive devices so far. >> jonathan, stand butpopped inh sanders about what we're t

we should tell you that gary and jonathan are both fox contributors. take a look at their spirit the party returns to wall street with all three of the major averages rallying big-time today. the dow climbing 401 points. even after yesterday's big 600 plus points aloft. everyone getting a big boost from big tech today and we've got some big news "after the bell" from amazon and alphabet, the parent of google. both on earnings but missing on revenue. here is where they are trading right now. amazon down 7% and alphabet down about 5%. guys, would you make up more revenue? this time coming from two big tech companies. >> glad to see a little bit in the markets. this is a weak stock market. look at the results "after the bell." the stock selling off. i want to be able here and again happy to see some kind of a bounce back, but so few new highs. i wonder if one's spirit does not make a spring is appropriate here. >> these two are big gigantic bellwethers for the nasdaq 100 to nasdaq in the market. amazon and google and a market that is already very weak reg

. >> jonathan lamere going my god, if he doesn't get us into the seventh inning the yankees will come back.

jonathan, thanks for coming on to talk to us. republicans are probably going to take issue with my last two sentences, that they have plans but don't protect pre-existing conditions. tell me why i'm not wrong. >> no, you're right and they're wrong. in fact, i've been writing about health care politics for 10, 20 years. i don't remember an instance of political party trying to re-write history this brazenly before an election. the key is this. if you're going to cover prn pre-existing conditions, you have to take a whole bunch of steps together. you have to tell insurance companies you can't deny pre-existing conditions. you have to also tell them they can't charge more. if they offer insurance to somebody with cancer or diabetes, they have to pay for the care for the cancer and diabetes. they can't sell policies that are missing benefits like prescriptions or mental health or maternity care. what every republican plan you've heard about does is they take away the guarantees of the affordable care act. they take away that whole se

. ♪ ♪ jonathan: from new york city for our viewers worldwide, i am jonathan ferro with 30 minutes dedicated to fixed income. this is "bloomberg real yield." ♪ jonathan: coming up, junk debt a shelter from the global equity market storm. the fed indicating a market correction will not be enough to shape policy. the optimism supported by strong u.s. gdp. a better than expected 3.5%. we begin with the big issue the , riskiest part of fixed income, a bastion of stability in a volatile world. >> credit conditions and lending standards remain extremely generous.