jonathan: lisa hornby there of schroeder's. the sleep well portfolio of years ago has kept you up at night over the last few months. tom: while you were gone, this was a continued campaign of mine come in has nothing to do with lisa hornby's wonderful analysis , it is an industry analysis of how people are looking forward with higher coupons and not looking at the most crushing bear market, arguably in modern history. you have to go back to the 19th century to see something like this. maybe i have to go back to 1947 or 1952. the bloomberg total return portfolio is down 12%. how do you make that up in the bond market? not by sleeping at night. jonathan: is the pain the scare we have seen in bonds alone or the fact we have seen it in bonds and equities together? tom: i think you have to look at them separately and they have their own story. witness the goldman gloom on the american consumer. in the bond space it is off of the massive fiscal impact of a once-in-a-lifetime pandemic. the fact is there is true for carmen fixed income

e a full of of much has been lucas buckeye, which was former schroeder thought that was recognition. but you really should for a while, i'm sure that was my williams, wilma williams. a shit, williams, a sugar was yes. ah, the militia sent some checkpoints on the road to await uninvited guests with a lot of movies and will be handled, bought the new government decided to subdue the pro russian regions with the help of my dans radical activists who were not only officially trained at military camps but also arms, and then they were sent to the southeast and part of the country. a way why in your mind, i'm sure they just put the clothes around when we're done a new style every word. so get off work with when you deal with the li mara would she did a lot of mr. it more was critical. i'm going to project color, so i don't want like she'll take issue on that relationship with you on your somebody was a bulk, i mean, a thought or a new blue i was on so cool. i'm, i was on with you with these radical groups were ready for such a turn of events the by at the more collaborative. sure. but a no

and a german politician winner wrote a report on that to den german chancellor. gerhard schroeder. and he said that it's time the u. s. officials said that you, this was a pack in order to correct eisenhower mistake from 1945 when he didn't succeed. in stationing american troops in yugoslavia, he also quote, an american officials are saying that the goal of america was to expand to the borders of the old roman empire at the height of its expansion. meaning the entire space from the baltics to the black sea. meaning that all the countries in between had to be admitted into nato. as a result, in the succeeding years, we have 5 ways of nato expansion, despite of, in spite of russia's warnings. and as a result, once they came into crane, russia just had to draw a red line. so it all really started back in 1099. and this is the logical outcome . and you know, unless things change very radically, which i don't expect. and washington things are not going to get better anytime soon. as alex on the package many, thanks for your time. we appreciate it. thank you. and thank you for joining us

the doctor was full of single spot. guy was a school ma schroeder dog and i was look on your stuff, but you either reserve up a couple of or cisco, excuse me to pretty what i'm sure that was my williams will dormer williams a shit, williams. a sugar was supposed to malicious and some checkpoints on the road to await uninvited guests with a lot of movies and will be handled, bought them the new government decided to subdue the pro russian regions with the help of my dans radical activists who were not only officially trained at military camps, but also armed and then they were sent to the southeast and part of the country. i mean, even dreamily project color shall bullshitted each is the way when your mind on children just sorta comes around when we're done with a new style. every word. so system for room with when you deal with the li mother would she did a lot of mr. it more was critical. i'm going to project color. so i don't want to, she'll take a sheila day to reserve some garbage on yesterday, yours. you say what these shots, unless the blue element balk, i mean, could feel a littl

sentenced to 20 years in prison with a french president, jacques chirac, the german chancellor. gerhard schroeder, the u. s. secretary of state, madeleine albright, the nato secretary general, javier selina, the supreme allied commander in europe. wesley clark and native ministers of foreign affairs and defense who give it to the eloquence studying on it's silly that even after a year below, you put it up on the board meetings to style out those. she said, i spoke with school counselors because of the more build on it was come with the early kebraw, you know, the golf course of itself with molly the well you're not quite the whole. today's thought was that all mission of would anyone be awesome to this is good enough, parsley. affected not as bully. we've got 3 so totally up to marie betty. so soon as polly cope was clarissa, was he to wash him without? mm. yes. something really cool. the least little push to the people, you know this leo collateral content to not just upon i thought he was lucky and sim only yet on so yes mm mm. repeat those on campus. the movie done up at nathan williams. i'm a

sentenced to 20 years in prison with a french president, jacques chirac, the gentleman chancellor. gerhard schroeder, the u. s. secretary of state, madeleine albright, the nato secretary general, javier selina, the supreme allied commander in europe. wesley clark and native ministers of foreign affairs and defense who give it to the eloquence studying on it's a lead that even i thought, i believe it was up anybody to style out those that i spoke with. our school council took us with the more viewed items companies with the early kebraw yodi. kopel said itself when molly needle virginia, quite a while today. so we'll sit on mission of would anyone be awesome to this is good enough. was slay, affected not as bully, we go pretty slow, totally. up to marie. it is so so last finally called post lisa was here to wash hon down. mm. yeah. something oh, really cool, the resale push for the people, you know this lu, collateral content to not just synchronize upon? i thought he was watching and sim only yet on the yes. mm hm. you beat us on campus. the movie then up on it, the more you same, any orders i littl

sentenced to 20 years in prison with a french president, jacques chirac, the german chancellor. gerhard schroeder, the u. s. secretary of state, madeleine albright, the nato secretary general heavy selina, the supreme allied commander in europe. wesley clark and native ministers of foreign affairs and defense who give to the eloquence studying on it's a lead that even after a year below, you put it up on the board meetings to style out those who said i spoke with school counselors because of the mobiles items come with the early kebraw you the call post that itself will. yeah. molly the well yeah, yeah. why don't you call today's thought? was that all mission of would anyone the awesome so this is good enough. was like a wreckage not as a bully. we built 40, so totally up to moody, very so soon as the police called post, lisa was here to washington without. mm yes, something. oh, really could be civil push to the people, you know, this lou clavicle call them to not just upon i thought he was watching the same on it yet on so yes mm mm. you beat those on campus the movie than that. but nathan will

sentenced to 20 years in prison with a french president, jacques chirac, the german chancellor. gerhard schroeder, the u. s. secretary of state, madeleine albright, the nato secretary general, javier selina, the supreme allied commander in europe. wesley clark and native ministers of foreign affairs and defense, who give it to the eloquence studying on it's a lead that even i thought, yeah, believe it was up running the board, meeting the style out those. she said i spoke with our school counselors because of the mobiles on homes. come with the early kebraw, you know the culpability silva marleni from virginia quiet of your call today sla will sit on mission of would anyone be awesome? so this is good enough, was slay affected not as the bully we built 40, so totally up to murray of betty, so soon as the family called post, lisa was hit option of what? mm yeah. something. oh, really could we still push the, if any of this loo, clavicle content? not just upon? i thought he was watching sim only yet on so. yes. mm mm. you beat those on campus to movie then up at nathan williams. same any over what

the german chancellor. gerhard schroeder, the u. s. secretary of state, madeleine albright, the nato secretary general, heavier selina, the supreme allied commander in europe, wesley clark, and native ministers of foreign affairs and defense. who give it to the eloquence studying on it's a lead that even i thought, i believe it was up to the board meeting. the style bushes that i spoke with our school council took us with them will build on it was come with the early kebraw. you know the cultural studies silva, molly, the, from virginia, a call today sla will sit on mission that would anyone be awesome? so this is good enough, was slit a not as bully. we built 40 suit, one of the to murray. some of betty cells from last poly cope. what's lisa was here to wash? unable down. mm. yeah. something oh really cool. the least the, the people you know, this lu, clavicle called on to not just upon i thought he was watching the same on it yet on so yes mm mm. repeat those on campus the movie than that. but nathan williams, i'm with emily, sung

sentenced to 20 years in prison with a french president, jacques chirac, the german chancellor. gerhard schroeder, the u. s. secretary of state, madeleine albright, the nato secretary general heavy selina, the supreme allied commander in europe, wesley clark, and native ministers of foreign affairs and defense who give to the eloquence studying on it's a lead that even after a year below you put a buzz up on the board meetings to style out those. she said i spoke with school counselors because of the mobiles items come with the early kebraw, you know the couple studies, silva molina. well you're not quite. they'll be all today's thought. was that all machine? would anyone be awesome? so this is good enough, was slip affected, not as a bully book, but he saw totally up to marie some a betty cell. so last poly called post lisa irrational down. mm. yeah, something, oh really cool. the least the, the people you know, this lu, clavicle called on to not just upon i thought he was watching the same on it yet until yes. mm mm. you beat those on campus to movie then up at nathan williams. same any over wh

sentenced to 20 years in prison with a french president, jacques chirac, the german chancellor. gerhard schroeder, the u. s. secretary of state, madeleine albright, the nato secretary general heavy selina, the supreme allied commander in europe. wesley clark and native ministers of foreign affairs and defense, who give it to the eloquence studying on it's silly that even after a year below, you put it up on the board meeting to style out those. she said it's for koya. so cautious because of the more viewed items, companies with kebraw, you know, the col post of itself with melina, from virginia w. o. today's thought was that all mission of wood on the asam said, this is good enough. parsley affected not as the bully. we don't go to school totally. up to marie. hello, betty, so so last, holly called was, lisa was here to wash hon down. mm. yeah. something, oh really cool. we still push to the people this lou collateral content to not just upon i thought he was lucky and sim only yet on so yes. mm hm. you beat those on campus to movie than that. but nathan william same any over to harlow you tube.

sentenced to 20 years in prison, where the french president, jacques chirac, the german chancellor. gerhard schroeder, the u. s. secretary of state, madeleine albright, the nato secretary general, javier selina, the supreme allied commander in europe. wesley clark and native ministers of foreign affairs and defense, who give it to the eloquence, studying on that. it's the lead that even i thought. yeah. below you put it about bringing the board meeting to style out those who said it's for koya. so cautious because of the more viewed items, companies with kebraw, with the call post that itself. okay. one mileage vehicle, but they're not quite they'll be able to, they saw a machine of wood on the asam said this is a good enough post slip or not, but it's not as bully. we booked pretty soon, totally up to monday. very so, so last, lee called what's lisa or seattle? washington, without me? yes. i mean, oh really could we still push through the peep any of this leo? classical content, not just upon i thought he was watching and sim only yet until yes. mm hm. you beat those on campus to movie than that, bu

sentenced to 20 years in prison with a french president, jacques chirac, the german chancellor. gerhard schroeder, the u. s. secretary of state, madeleine albright, the nato secretary general, heavier selina, the supreme allied commander in europe, wesley clark, and native ministers of foreign affairs and defense who give to the eloquence studying on it's a lead that even after a year below you put it up as up anybody to style out those? she said i spoke with our school counselors because of the mobiles items come with the early kebraw yodi, cultural studies, silva molina. well you're not quite a well today slot or cit, omission of would anyone be awesome? so this is good enough, was slay affected not as a bully with dr. diesel totally up to marie of betty cells from last valley called. what's lisa washington, what? mm. yeah. something. oh really cool. the, the, the people, you know, this leo classical content to not just upon i thought he was watching and sim only yet on so yes. mm mm. you beat those on campus to move them up at nathan williams. i'm with emily sunglass most. we have been unique

sentenced to 20 years in prison with a french president, jacques chirac, the german chancellor. gerhard schroeder, the u. s. secretary of state, madeleine albright, the nato secretary general, heavier selina, the supreme allied commander in europe, wesley clark, and native ministers of foreign affairs and defense. who give to the eloquence studying on it's a lead that even after a year below you put a bus up running the board meeting system about those. she said it's for koya, so casual cuss at the mobiles. animal companies with the early kebraw, you know the golf course of itself with molly the well you're not quite a well, today's thought was that all mission of would anyone be awesome to this is good enough. was slick effect. it's not as bully, we built 40, so totally up to moody very so soon as the police called what's lisa was here to washington without me. yeah. something. oh really cool. the least, the, the people you know, this leo classical content to not just upon i thought he was watching the same only yet. oh yes. mm mm. you beat those on campus. the movie done up at nathan williams.

. >> last but not least i have one of the owners of schroeder's bar andrestaurant , andy chung. [applause] >> thank you mayor breed. when the pandemic started is no secret hospitality was hit particularly hard. as the rest of the city recovered of the restaurants along the city recovered as well unfortunately the story downtown has been significantly different . workers have been slow to return back and retail has been slow to recover along with the tourists we count on. a lot of times we feel alone as a hospitality or business owner and you kind of feellike your forgotten . i was really excited to hear about the mayor and city's commitment to revitalize the downtown core this budget goes a long way inproviding that first step . our hope is at the downtown economic core transitions to whatever it becomesin the world of hybrid work , that's the businesses that have made san francisco unique and i know it's been around since 1893. down the street they been even longer than us and our businesses represent the history of our city. so as we transition to the next generation of what d

also the dependency of the social democratic party from some questions about the former chancellor schroeder and other items. but what we want to see is that the chancellor takes up the decision of the parliament from the bonus talk as of 28th of april, where more than 500 members of parliament have supported not only financial support and to a trauma and medical care. but also the delivery of heavy weapons like leopard and mater and heavy artillery. and we question why the chancellor does not take over this strong request from the parliament and is delivering and they are the questions arising know about this delivery. the german defense minister, christina langley, i had more to say today on the heavy weapons germany is delivering. let's have a quick listen damn against latitudes argued. come after us, we have as we have made a very clear commitment that along with our dutch friends, we will provide the arm at howard said 2000 and the house below is fast up cash lawson. when the training is almost complete and also they can be deploy to ukraine along with the ukranian soldiers who have bee

. >> ron insana, schroeder senior adviser, gentlemen, welcome. >> what do you say to that, keith, that josh brown just said it may not technically meet the parameters or the definitional cues of a recession and the market may not meet the parameters of what is a bear market about it feels that way i agree with him, it just feels that way >> gjosh, he's right if the americans are feeling like their wallet is pinched, it doesn't matter one end of the penny to the other what the government says, what the inflation print is and what the latest report is and what yellen says what the average american feels and knows and feels in their wallet is my breakfast costs 60% more than it did six months ago and my gas has doubled and i now have to worry about going to work, putting a roof over my head and paying for my insurance and that's yet numbers are so bad and it's all about psychology and josh nailed it. ron? >> josh's performative elements not withstanding and i don't agree with his perspective i wouldn't say we are yet in a recession, technical or real and inflation not withstanding are a m

you mentioned schroeder's. they are saying japan is the one market telling us to go short. so there is a lineup for people to really say we don't make a trade. kathleen: at some point maybe in the future, but what are the implications to global rates markets here? are they right that the boj will tweak or abandon yield curve control policy may be sooner rather than later? >> surging rates in japan going up higher, it would have implications for dummies, consumers at the government. it would put the new stress on a global economy already struggling under the weight of soaring energy prices and choked up supply chains. kathleen: that was ruth carson. you can find her wonderful story on the bloomberg terminal or on bloomberg.com. get ready. the market opens in sydney, seoul, and tokyo next. keep it here. you will hear all about it. this is bloomberg. ♪ millions have made the switch from the big three to xfinity mobile. that means millions are saving hundreds a year on their wireless bill. and all of those millions are on the nation's most reliable 5g network, with the carrie

. >> last but not least i have one of the owners of schroeder's bar andrestaurant , andy chung. [applause] >> thank you mayor breed. when the pandemic started is no secret hospitality was hit particularly hard. as the rest of the city recovered of the restaurants along the city recovered as well unfortunately the story downtown has been significantly different . workers have been slow to return back and retail has been slow to recover along with the tourists we count on. a lot of times we feel alone as a hospitality or business owner and you kind of feellike your forgotten . i was really excited to hear about the mayor and city's commitment to revitalize the downtown core this budget goes a long way inproviding that first step . our hope is at the downtown economic core transitions to whatever it becomesin the world of hybrid work , that's the businesses that have made san francisco unique and i know it's been around since 1893. down the street they been even longer than us and our businesses represent the history of our city. so as we transition to the next generation of what d

. >> jay schroeder is here. >> harry lipman is back and now the host of the podcast talking feds and former republican congressman david jolly is back, national chairman of the serve america movement as well as an msnbc contributor. harry littman, it was the first time my ear heard a member of donald trump of trying to be part of this seditious conspiracy group. those are obviously charges that carries a connotation that adam kinzinger said and tell me what you hear adam kinzinger suggesting when he says that? >> i think he's suggesting that he joined with the people who the department has already charged in the most serious thing and actually acted to try to overthrow the republic. for my money, i think there are three very solid charges against trump, but this is the fourth and for that, you really do need an agreement with one of the identified conspirators to go forward. i think that's one where there's a very big dot for the doj to fill in, but on the others, basically they seem different and convoluted. just look for a lie at the bottom. so the alternate slates of electors, you

schroeder for five minutes to ask questions. >> thank you very much, madam chair. appreciate the hearing work we are having here today. mr. gibson, interference is a potentially huge hazard to the aviation industry, but the military and civilian. i want to know, if you could speak to the issues about wellness information interference and what's the state of testing going on to make sure with the spectrum available of the options that are going on, that that would be minimized. or if at all possible, potentially eliminated. you've had discussions in this committee about interference for quite some time, as part of the standards and how are they being allocated at that this point in time? >> that's an excellent question. there's a lot of -- thinking about the interference situation for -- altimeters. on out in the middle of that probably i'm not qualified to govern on that other than knowing the issues as a -- and why they do know is there's a lot of work being done with key leadership and keep you engineered in the faa from, the ftc and proudest carriers, and they'r

patrick schroeder. and what makes you a warriors fan was born in oakland. and so i'm just a warriors fan and did this season surprise you at all? because what the team was 53 27. third in the western division came out number one in the world. yeah, it did surprise me, but you know they pulled through and won the championship, so it's a great thing. and who else do we have here today? mia mia, what makes you a warrior fan? i just like the words you can like father watches them. see that's what it's all about. it's a family thing that i'm finding out here. the words go very deep with families. i know that's how i started liking basketball and baseball and football, sit on my daddy's lap and would watch the games together. hi what's your name? i'm chris sam doll from san jose san jose. and you've got some swag happening. yes were the exact same outfit in 2015 in oakland for the first title for sure, i feel yeah, because i wear this to every word as well, right. you like the bling. and what is your name? roberta i love you don't worriers. thank you and introduc