A little bit of stability, maybe coming into the end of the month that is a factor. Single stocks are not all in the green today. The chip company down by 20 today. Not all is well in the chip community. Not everything is nvidia. This european company, that is dinging the stock badly. Germany is rapidly approaching 3 on a 10 year. This on a day when we see german inflation coming down. Underwhelming inflation and we have yields moving higher. This move that we are seeing in the bull market could be a range of factors. It could simply be the story that there arent enough buyers, only the buyers on strike. It is just a positioning story basically. It continues to have a big effect. That would not have been the effect you expected on a day where german inflation was taken a little softer. Alix a complete head to rapture head scratcher. S p up 3 10, volume is light. Underneath there is some not so great equity stories. Micron down 3 . Maybe it is for the chip sector, maybe not. Carmax, this is an interesting one. The worst performing stock on the s p. It fell short of estimates for the quarter. High Interest Rates for loans and lower sale price is weighing on the company. There you have it. It encapsulates what the effect should be. Accenture, earnings were disappointing. I dont really know why, i feel like its just moving along with european bonds. Guy a nice story about increasing shorting. If you look at the futures market, it shows there is actually another big short position. Maybe some are starting to be more aggressively position for that. If it is always a narrative at this point, it feels particularly like an issue right now. How big of a problem is positioning . Joins us down the line, cross asset reporter. She is with alix. You are on my side of the pond, how big of a problem is positioning . You are looking at some really interesting strikes in the equity market. You take a look at cross asset. It is an issue with what is happening in the oil markets as well. People have been talking about that Jp Morgan Equities position that is going to get rolled. People are talking about that. The bigger one for me is the goldman flag. They are real rule followers. It is hard to predict what they are telling them to do on any given day. They tend to trigger the next one. You get this escalation, particularly on the downside. A little bit more worried about that. I would say these kind of big traders that look for these trades and for the opportunities , they will have discovered the ones we know about already. I dont think it is something that is so green flag that will take the market over the edge. Alix you have to wonder if it exacerbates the move and position we have already seen. What do you think . I think there are so many factors going on. Of course, cta is a big part of it. There is an estimate that they could sell 20 million more u. S. Equities. That could also be affected by that as well. Equity investors selling mutual funds and etfs at the fastest pace since 2020. If we look at the net leverage ratio, the sharpest pace since march 2020. We are seeing some conversion growth from mutual funds, that event has a different weight when we have the worsening technical backdrop. Guy is all of this negativity a positive sign . Surely we must be getting somewhere . Denitsa it is important to say that since mid july there has been a selloff. Positioning is still above neutral. When we saw the big move and the big short squeezes, positioning was in the stocks and there was a big momentum for that upward move. Obviously there has been some negative sentiment lately. In terms of a big short squeeze, a lot of it was coming from ctas. There is just not enough to trigger a move upside. Alix you mentioned oil before. It will feed through to sentiment and expectations. Maybe pushing that market higher. How much upside do you think that there is . Is 100 even relevant . It is a whole different paradigm. Eddie the oil price feeds through in very interesting ways. I have been looking at the correlations with oil the past few days. The oil price move feeding through to the bond market more than it does usually. Im starting to see the beginnings of that. By the time it really shows up in the data, it is a done deal. I do think oil prices are becoming more important. I think it is whether we touch above 100. I think this is all about do people think this is going to continue . The oil price will continue rising all the way through into next years election. Or this is a shortterm thing brought along by the u. S. Driving season and that will fade away. That seems to be much more of a reason to short then it is to go wrong long. Guy can i ask you about what is happening, im wondering if this market is a market we are looking at with one eye closed. The private markets are getting bigger and bigger. Im wondering if we really understand what positioning looks like, given the fact that a big chunk of the market is now not visible in the way the Public Markets are. Denitsa obviously coming from a big upwards move is moving in different directions. Every corner of markets is very different. Investors are fearful, it is quite long at the moment but we are seeing some increased hedging activity. In various equity measures are actually showing a pretty normal level of hedging and fear. It is hard to gauge where exactly it is. We are approaching that mutual level of positioning where the sentiment is too strong. Guy i dont know why i just said your name wrong. Youd think id be able to read. It has been a long day. Alix to be fair, he was up before 5 00. It was hard. It is a totality situation. When do you think we will get a clean read on sentiment . Denitsa thats a great question. Is it in february . Or do we have to wait for these next couple weeks to be over . Denitsa there are so many changing narratives. Markets are worried for longer. All of those different novelties that have been hunting markets for so long are still there and they are still changing every week. Dealing with some of those narratives, recession, and all of that debate. How far we could go. I say it kind of makes sense in that state of confusion. Alix thanks a lot. Really appreciate it. So good that you moved here. Coming up, more on the question of the day. Hsbc Management Global chief strategist joins us next. This is bloomberg. Fabulous surroundings. But everyones looking at their phones for Financial Insights from merrill. Is he hailing a ride to the concert hall . No. Hes making sure his portfolio and retirement plans work in harmony. They want to adopt a child and build a new home. So theyre talking numbers with their merrill adviser. Shes not researching her next role. Shes learning how to handle market ups and downs without the drama. Personalized advice so impressive your money never stops working for you with merrill. A bank of america company. What is next for the marketplace . Right now, business is driving some of the moves coming in. It is always coming to the end of the month and quarter, a point of contention understanding volatility or lack thereof. Guy speaking to us in the last hour, takes us back to our question of the day, positioning. Joining us is the hsbc global asset chairman. The market has a tendency to do this when you least expect it, it feels like that right now. We have seen the situation with bond yields moving higher and higher. That has huge implications for risk markets. There are some big questions, how sustainable are those moves . Thinking about the economic data, what it means for credit markets, stock markets, your question of the day is a really good one. A big shift over the last two or three months, big change in positioning across views. Risk markets and government bonds as well. The leading indicators pointing us towards economic slowdown, recession is coming. We have been waiting for that recession and development. They have been forecasting it all year. The leading indicators pointing to a slowdown and recession outlook. Alix the bond market today seems to very much agree with you. If we blame the lack thereof today on the positioning story . Joseph yeah. The positioning position is what it is, it is a feature of the market. It is very clear that we have seen an improvement in how investors are feeling on the assets over the summer in particular. Since july, things and factors have begun to deteriorate a little bit. Midsingle digit decline. The psychology has moved on. That is the important point to bear in mind at this point in time. Many investors revising their view around what the longer run Interest Rate that is appropriate for the main western economies is. All the while in the stock market you have this combination of Equity Investors raising up expectations for 2024 profits. It is the consensus view, rising bond yields, you have an equity market trading on higher multiples. It is getting worse and worse. Many challenges at this point. Guy where is this positioning most extreme, what breaks first . Joseph the story of the last couple of weeks, it is no longer about the fed moving rates, it is driving market pricing. It is also this idea of the schedule of Interest Rates. Is it table mounting . Guy we said it first. Joseph you could have the credit. I know exactly what you need. The back end, term premium is coming back in. Inflation based concerns around the Interest Rate being a bit higher. It has had an effect on the yield curve. Theres only so Much Negative role, there are big implications for how credit markets, you have seen them begin to reconsider. The equity market story is the one. Talking about some fairly dry economic topics. Alix by you, you mean guy johnson. This is a thorn in his side right now. We have the mountains ready to go. Where do you think you are getting appropriately compensated . Joseph we have a defensive posture in terms of our investment strategy. We would focus on defensive allocations, quality bias in the credit space. Ready selective overall in our positioning. We think bonds are back. Many of the talking heads have reference to same idea. Particularly in the short and mid part of the yield curve, i think that is attractive for investors. The storm clouds on the horizon for 2024. I would look elsewhere, some of the themes in asia become exciting. A new and different story, bank of japan of course, dealing with a different set up. A Corporate Governance and mediumterm as well. An exciting story, a lot of investor interest. It is very idiosyncratic. You have to be selective. India continues to garner a lot of interest and attraction. Guy do those trades work with the stronger dollar . Joseph it is a headwind for emerging markets. You could hear the sounds working their way through the emergingmarket complex. The more resilient parts of emerging markets, security and may be a little bit of resilience. In Frontier Markets over the years through that pandemic period and then the recovery postpandemic, a sense of correlation within emerging markets in developed markets. That is really interesting. In a Global Economy that is fracturing a little bit, the policy order is becoming the idiosyncrasies could come forward. Parts of the economic cycle, parts of asia, europe, the western advanced economies, you also have a number of political themes and different structural themes that could be different across emerging markets and frontiers. There are places to look at their. Alix i will leave it there. Joe little, hsbc global chief strategist. After more than 50 years, pandas in washington, d. C. s national zoo are going back to china. We are talking global diplomacy next, this is bloomberg. I did have hearing aids from another company. I was just frustrated. I almost gave up. With miracleear its all about service. Theyre personable. Theyre friendly. Im very happy with them. We provide you with a free lifetime of aftercare. Meaning free checkups, cleanings, and adjustments. I see someone new. Someone happy. Its really made a difference. Hear the world better during our limited time sounds of autumn event. Call 1800miracle to test drive our hearing aids risk free. We dont want any trigger trade war. We made a clear position with china. We would like to rebalance our issues with china to address the vulnerabilities. Alix that was the president of the European Council speaking to bloomberg on the sidelines of the Global Dialogue forum. Another story we are watching in terms of diplomacy, lets talk pandas, they are now going back to china. A live camera at the nationals do in washington, d. C. , pandas returned to china at a time when ties are at a historic low. This is actually the only thing in the Office People are talking about, this story. Guy basically it is the ultimate bear market. I could continue with these jokes. It speaks to the idea that relations have broken down between the United States and china. Maybe they will improve and the pandas wont have to go. There is pandas here in europe, this is the idea. You rent them. Alix this is contractual, you could look at the idea that china has made a lot of hay about pandas, it is there, is this live now . Guy im trying to think of a joke about bears rolling down a hill. I wonder whether europe is next. Are we going to lose our pandas as well . Go and see the pandas before they go. Alix look at this. Guy you definitely have to go. Y digging up videos, concerning about the rest of the show. This has been the story. The best pictures are the ones where they are there in the snow. These are the live pictures. Alix apparently the zoo pays an annual fee of about 500,000 to 1 million each. That is crazy. Guy these are expensive bears. Precisely. Whenever we will talk about bear markets from now on, you have Carte Blanche to show pandas. I will give you that. Lets talk about what is happening within the markets right now. It is quite bearish today. These are the 52week lows. Lowering its target oil stocks having a great day. When you automate sales tax with avalara, you dont have to worry about things like changing tax rates or filing returns. Avalarahhh ahhh youre probably not easily persuaded to switch mobile providers for your business. 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We have totally lost alix, and the rest of us will carry on talking about the markets. European stocks having a more healthy day today. Basic resources, minors bounced a little. But it feels like a cautious market still. Coming into the into the month the end of the quarter there is probably a little bit of window dressing going on. There are a number of things at play here. Lets talk about what is happening with the session that how that is going. I was going to hopefully show you the bond market. Actually in reality thats where the action is here. Intraday the stoxx 600 up by. 3 . A cautious climb. We spent most of the morning negative. We are trading at 448. Its been a tough week. Single stocks. Asm ams oz ram getting doomed up on the Capital Raise they will do down pretty hard. Mike roman micron as well, 888 rippling into travel and leisure. This stock not looking as clever as the market hoped it would end is getting punished for it by 12 . Total energies record high today. Energy stocks really pushing on. Thats interesting in terms of this flip we have seen from the market tracking Technology Stocks to now tracking the Energy Stocks story. That movement in momentum is another factor in mind when we think about what is happening with the Bigger Picture. Thats today. Lets talk about what is coming up. Its friday tomorrow, thank the lord. You have berlin Global Dialogue continuing with great guests lined up there. Lagarde speaking given and we will hear from palm later today. Then the meat of the action. We have seen some cpi dishes today if we will get the rest tomorrow. We get the french and italian numbers. Italy and france increasingly joined at the hip economically. Their perspective they are looking at germany under some other norm northern countries suggesting some deficits pushing through for these countries at the moment will not be acceptable. When you put that alongside cpi numbers you have an interesting combination. Cpi, cpis in the euro zone number. The expectation is it will drop. Is it dropping fast enough to justify the fact that the ecb is done . Thats the critical component. What are the components parts telling us . What is critically happening in services . Alix joining us to discuss is the chief International Economist at mass davis research. What are you expecting tomorrow from arizona cpi . I the honda alejandro tomorrow we are looking at eurozone cpi based on stable readings from germany making up a big chunk of the overall basket. We expect eurozone cpi close overall and gorging drop below the five percent annual rate. That is pretty good news. The problem is it is still significantly above the ecb target of around 2 . Ultimately, the question is that the ecb has hinted at the fact they have caused in their tightening policy. The Bigger PictureGoing Forward is how long will it possible for the cap . Given inflation measures remain stubbornly high, one because of the Russia Ukraine were creating ongoing supply shocks and secondary effects on wages and expectations. Then the fact that the euro zone still has pretty hard unit labor cost especially compared to other countries such as the United States. One thing the ecb has been paying attention to has been the more sticky service sector. Will we see evidence tomorrow that is finally starting to fade . Alejandro we hope to see that to some extent in the core figure though we will not get good details until later in the month. What is the driving Services Inflation . A lot of that is demand. All that revenge Vacation Spending over the summer may be and you can see downside from there but also Services Inflation is greatly driven by wages. Unit labor costs continue to rise at a pretty rapid pace. That will keep the Services Inflation higher for longer. Alix how fast can disinflation be . Can we be in a deflationary environment or will we stay around 3, 3. 5 . Alejandra i would love to be able to give you the pure answer to that because if i knew for sure i would be a millionaire. I think it will be a little stickier to the downside. We saw a pretty sharp deceleration due in part to goods disinflation that helped bring down inflation not only in europe but other parts of the world. A buddy, service does is just a little stickier. It is just harder to see that workaround impact wages and that lagged impact. As i mentioned before, this supply shock situation, russias war in ukraine. Whenever you try to have your number widen, that source of energy, to completely take them away, over the short term that is pretty inelastic and you have to adjust pretty quickly. You cannot adjust immediately. It will take some time before europe gets to the point of wants to be. I do not anticipate inflation in europe sustainably hitting the target anytime near term. Which as a result will keep the ecb on hold for longer. What are the things we have seen today is inflation coming down, particularly in germany. But german 10 year rights going higher. Observes increasingly a belief may be germany gets the 10 year to 3 and maybe we push beyond that. How is the right move going to calm to grade the ecbs job . Do you think the ecb is happy to finally see the bond market waking up and pushing longer duration rights higher . Is it that something it well welcome, do you think . Alejandra it depends on the reason behind it. His longerterm rates are rising because the longterm Inflation Expectations are increasing that may not necessarily be great. At the same time if we see a rise in longterm rate environment not just in the u. S. , there tends to be pretty strong correlations. If it is being driven by what is happening in the United States and in the United States it is driven more so by better longterm Growth Prospects and the fact that a soft landing seems more likely than unlikely. Perhaps too much supply coming on hand as well. I think there are a lot of moving factors determining why the longterm yield has been a. Thank you for catching up with us alejandra grindal, chief International Economist at Ned Davis Research for you to European Equity markets have closed for the day. Not much action during the auction. We pushed through on the ftse into positive territory over the last 30 minutes or so but we are not really convincingly higher. A little lower during the auction. The dax and the cac more from today. The ftse over the few days have been where we have seen outperformance. Next we talk about a lastminute deal that seems to avoid a u. S. Government shutdown increasingly seems unlikely. The blame game has certainly begun. Who will ultimately take responsibility . We get the latest from washington next. This is bill burck. Bloomberg. Only the new sleep number smart beds let you both sleep at your ideal level of comfort. Your sleep number setting. And now, all of our new next gen smart beds have temperature benefits. Save 400 on the new sleep number c4 smart bed. Now only 1,499. Sleep next level. Shop now only at sleep number looking live at the principal room coming up the richmond fed president joining bloomberg for an exclusive interview 3 30 p. M. New york time. 8 30 p. M. In london. Everybody in washington dc gets sent to their to do the job and they have been failing at doing the job for a very long time. Lets be honest about this with voters. During the trump they added 7 trillion in national debt. Now, the by the Biden Administration put another 5 trillion on and counting. They have failed. They are in the spot they are in now because none of them are willing to tell the truth. None of them are willing to take on difficult issues. They want to keep kicking the can down the road. Chris christie former governor of new jersey and republican candidate speaking in last nights debate talking about the potential for a government shutdown. It seems the possibility of a lastminute deal to avoid the shutdown get increasingly soon. Joining us from d. C. Is bloombergs kailey leinz. It is a shutdown things are as inevitable . Kailey it is. It would take a minor miracle to avoid a shutdown considering the deadline is midnight saturday. We are working with about 60 hours and we are now closer to a compromise. On one hand the senate is trying to push through its own continuing resolution to fund the government for 45 days, keeping the markets on at least in the interim while they try to pass all 12 appropriations bills. That is something bounce is not willing to take up. If is ukraine funded funding in the currency are a problem for some senators like republican rand paul threatening to hold things up and can potentially delay this in a process until after the deadline. In the house it would be dead on arrival for Speaker Mccarthy trying to deal with hard on republicans in the party. There could be a discharge petition where some members of the Republican Caucus in the house joined with democrats to go around the speaker. This he truly that could take more than one week. It would run us past the deadline. It is looking increasingly unlikely there is a deal here and mccarthy in the house does not even want to deal with the senate at this point. He wants to deal with President Biden making this about the border and the white house does not look like its interesting interested in engaging with that. Alix where is the leverage and who has it . Kailey mccarthy does not have as much leverage as he had with the debt ceiling deal threatening a potential default on the u. S. Economy is democrats did not come to the table and negotiate a spending deal, which they ultimately reached, as we know. Now nobody wants to stick to the spending levels agreed to. That is why all of this is getting relitigate into. That is one of the really big difficulties. Increasingly the rhetoric you hear from republicans as they want border measures included. In whatever continuing resolution moves forward. There are some in the synod as well that would support that. That could be one area where there is at least some degree of bicameral effort that is not necessarily make it bipartisan, though. All in all a very messy and complicated picture and we are running really short on time here. Alix kailey leinz is definitely working sunday. It later today turn in for an interview with former Vice President and republican president ial candidate mike pence at 2 00 p. M. On bloomberg tv. United Auto Workers Union start. The uaw tells detroits big three a 30 pay increase to reach a deal down from 46 . The automakers came to 26 . We are almost there. Craig trudell joins us. This seems reasonable. Will it happen . Craig the way to think about this is as a floor the union wants to set. It also speaks to a grand plan on the part of the union. They want and at least 30 pay raise for members. And it to be able to take that number to workers at nonunionized plants whether that be tesla, nissan, volkswagen, toyota. They want to take a nice big fat number not only from say, for, if they are able to get to deal with them first and then to get to the other companies here in detroit. They want to take that to the rest of the industry and really turn this into a Broader Movement on the part of unionizing more of the auto workforce in the u. S. Guy the devil is always in the detail and you dont have a deal until the detail is sorted. What is there still to sort out here . Read kpop i think the fact that the union criag i think that the union also wants things like bringing back pensions. We had a great story about this yesterday. The decline of pensions. How they are scarcer and scarcer. I think the union will continue to fight for that. The likelihood of them getting it i think is quite low. Companies will be really resistant. It is also a matter of brass tacks things like whether or not companies will keep certain sites open. Stellantis for example really wants to be, i think, the most aggressive of the three companies in town in starting to rationalize a Parts Distribution center. Whether or not the companies can get through some of those negotiations i think still remains to be seen and how long that will take. Alix just the fact craig is in detroit how is a big sign of where we are going here. Thank you Craig Trudell for joining us. The nasdaq 100 is up by 1 . You are seeing buying coming to the front end of the curve with yields down by about five basis points. Feels idiosyncratic in the u. S. But on the last week coming up, sneakers economics. Another read on the u. S. Consumer after the bell when mikey reports results. Much to watch. This is bloomberg. when the day that lies ahead of me seems impossible to face a lovely day lovely day lovely day lovely day a bank that knows your business grows your business. Bmo. Alix stocks are rising. The 500 out of up about 1 . Annabelle we have a rally on our hands going into that does a month and the end of the quarter. At least today, at least right now lots of volatility. Yesterday we were up and down. For the s p 500 and the nasdaq the best day in about two weeks for the stocks. Data check heavy index of 2. 4 , its best day in about one month. His best of my ability to determine when we look at the four day chart of the 10 days yield its extraordinary of about 70 basis really going through that incredibly important level of around 435 then 450. I think what is helping out stocks is this little blip down. Earlier we had yields higher. Now they are lower on the day. I think that is helping stocks. We look at the technicals for the s p 500. This is a nice uptrend on the year but you can see in area of consolidation we have been talking about for weeks and months. The 100 Day Moving Average basically marks the breaking of the uptrend. Below it, not great, heavy. We could go down to the two hundred Day Moving Average. Even lower. At this chart is now confirmed for about 4000. Not saying it will happen, but technically you could easily make a case from the topping pattern there that 4000, maybe even a little below is where we could go. Talking about positioning is for the question of the day. The vix curve is super interesting. Over the last testaments you can see the vix index has moved up quite a bit of over four points. The other part of the victim affects futures for october, november, december basically not moving. Futures suggests more volatility. It has now flattened. If we go into back organization, that has a just happened a little between the vix index, that is where the pain can enter. That is where you are talking about more volatility nearterm camillus in the future. It everybody looks for the big capitulation that comes in. Big backwardization. Guy the pandas are going home. That the positioning question as well. Where are the pandas . Another way of looking at it. At it. Thats really bad. Mike mckee will be having a great conversation with bridgeman fed president tom barkan at 3 30 p. M. New york time. Tom barkin comes from a business point of view. Fed chair jay powell hosting a town hall with educators a little later on. After the belleville results belt veil resorts and nike. Alix Simone Foxman is watching the numbers. What were looking for . A lot of things to pull apart here. What will be the main stand out . Simone we do expect them to say nike that way. We are looking for growth in the u. S. In terms of sales to actually turn into negative territory just slightly. Singledigit growth in india. Aipac, latin america segments. Generally the only place we will see really strong growth or are expecting to see that is in china. The question is how strong is the growth . The whisper number is something i 15 16 year on year at same source sales growth in terms of currencies. Do we see that given the pain in the chinese economy now . Guy simone, how useful of a guide is what we will get from nike. How useful guide is it for the rest of the Retail Sector . Simone what we have heard from many retailersrelated version, right . There is a stronger higher income consumer that does seem to be a little stronger. But not thats not the message we are getting from every single retailer. Nike shoes, many retail for over 100 or more. They give us a good sense of how that part of the Consumer Network is doing. That said, nike markets products to a broad range of consumers. They are a really important manufacturer for footlocker. Full locker has taken a bit of a hit. Dicks sporting goods. We are not sure how asthmatic apparel in the United States, whether nike can throw off the negative momentum. Shares are down 23 yeartodate. Alix is it a trade down effect with reiki to footlocker or do you still pay up for premium stuff . Student loans will start should be repaid. The government said between 20172022 savings were down. We saved a lot less than we thought by like 50 . What you think we will hear about that . Simone this has been brought up. If i was looking through transcripts today. Kroger, academy, signet jewelers, best buy, all bringing up the fact that student loan repayments restarting might have on their business and saying they do not know. Discretionary spend like nike is somewhere where we could see that happen. The question is, how much does the company have to disc out . How much will people go to the footlocker to buy on sale nikes rather than by shoe drops coming out . Alix thank you bloombergs Simone Foxman joining us for nike. One other story we are tracking that is not on your radar is taylor swift. The latest movements good karma for the nfl. The popstar is said to be dating travis kelce the star tight end of the kansas city chiefs. The buzz around the relationship is having an actual Economic Impact, doubling ticket sales to this sundays game against the jets. Guy would you be prepared to go to new jersey to watch nfl game is taylor swift was there . Alix me personally . No. Guy ok. Alix but i about the demographic we are talking about here. If i was 20 years younger yeah, maybe, probably. Guy i wonder how big of a draw this will be. The taylor swift economy knows no bounds. Like ryan reynolds. Everything she touches seems to have a massive Economic Impact. Alix i do not think you can compare taylor swift to ryan reynolds. I love ryan reynolds. But in terms of Economic Impact there is no comparison. Guy there is no comparison to swift, i agree, absolutely incredible. I wrote the other day it is like having a super bowl. She placed three concerts per weekend. As the Economic Impact of three super bowls. That is how you should think about everything the one of her concerts. The interesting thing is potentially she is coming to europe. Maybe we get the effect next. Alix you will get the growth at inflation from when she grows goes to europe. I am not going to jersey. I also dont want to pay that much money for taylor swift concert or nfl ticket. Anyhow that wraps it up for me and guide. Coming up permit dena telsey joins us. This is bloomberg. jennifer the reason why golo customers have such long term success is because we focus on real foods in the right balance so you get the results you want. When i tell people how easy it was for me to lose weight on golo, they dont believe me. They dont believe i can eat real food and lose this much weight. The release supplement makes losing weight easy. Release sets you up for successful weight loss because it supports your blood sugar levels between meals so you arent hungry or fatigued. After i started taking release, the weight just started falling off. Since starting golo and taking release, ive gone from a size 12 to a 4. Before golo, i was hungry all the time and constantly thinking about food. After taking release, that stopped. 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