Francine Warren Buffett says equities are less attractive than they were but still beat bonds. And theresa may says she will lead the tories into the next election, but does anyone believe her . This is bloomberg surveillance. Certainly a packed show, packed week actually for an end of august kind of feeling. It has been quite busy in terms of news. This is what im looking at in the markets. Stocks advanced on a rosier picture for the growth outlook. We had pretty good economic figures out of america. The chinese economy seems to be holding steady. The u. S. Administration sent different signals on north korea, which means that a little bit of the nervousness has been taken off. Among all other asset classes, dollar seems to be studying. Lets get straight to the bloomberg first word news. Heres nejra cehic. Nejra Tropical Storm harvey has closed down almost a quarter of u. S. Oil refining capacity, flooding and power failures reduce americas feel making capacity by about 4. 2 Million B
Convention. And time is money, a lot of money. Details on the historic auction of an oscar winners watch that shattered all records. But we begin this morning with a look at todays eye opener, your world in 90 seconds. This news is big. A federal grand jury approving the first charges in the investigation led by special Counsel Robert Mueller. Mueller makes his move. Theres going go a lot of people sweating in the next day or so. If youre Paul Manafort or you are michael flynn, i would not to be either one of those guys. Are we concerned or terrified about some of President Trumps tweet this morning. If they put somebody in handcuffs monday morning, thats going to blow somebody out of the water. The Montana Power Company got the bid. It doesnt look like the headquarters for an energy company. Its been a night of both celebration and protests in barcelona after the Catalonian Parliament voted independence from spain. High fly ball to right. He gets there, and the astros take in three. A