It is part of ges plan to refocus on manufacturing. Ge is buying stock worth 50 billion. The u. S. And cuba could take a step toward better relations today. President obama and cubas president may meet facetoface. Secretary of state john kerry talked with the foreign minister Bruno Rodriguez. The president said closer ties president obama we are as committed as ever to supporting political human rights and Political Freedom. I believe that engagement is a more powerful force than isolation and the changes we are making can help improve the lives of the cuban people. I believe that this new beginning will be good for the United States and the entire hemisphere. Olivia the president announced the historic shift in middecember. The u. S. My remove cuba from the list from the countries believed to sponsor terrorism. Deutsche bank is set to pay 1. 5 billion in fines. The bank is suspected of Interest Rate manipulation. Regulators say traders raised the rate known as the libor. Apple and samsung picked the same day to unveil new devices. The lines were not so long in london or beijing. It is the first new apple product in five years. Shoppers in 20 countries are checking out the new samsung phones today. Samsung hopes it will recapture the market share. A young player, 21yearold challenging to make his mark at the masters. The leader is 21yearold Jordan Spieth. He shot 8 in the opening round, one shot off the record. Tiger woods is also there playing his first tournament in two months. He is an 40 first place 41st place. A 26 billion deal. Joining me to discuss. We know that jeff him out jeffrey himimmelt has been wanting to do this for a while. He does not wanted to be a bank. This is just one of many steps he is trying to take to transform gen get the stock price back up. He found a buyer. He engaged blackstone on an exclusive basis and he got it done. If there was any doubt before that blackstone was more than a private equity firm, let that doubt be erased. This is a huge, diversified investment firm. 81 billion in real estate assets. They are going to be up to around 100 billion in assets. They have the capital to do this. It is an amazing representation of how diversified blackstones real estate business is. Blackstone is not just a diversified asset manager, it is certainly the most diversified out there. Olivia looking at another headline that is crossing. Blackstone has another real estate deal. We caught wind of another deal coming. I guess that is the headline. Blackstone is the powerhouse. When people want to steal sell real estate assets, they know where to turn. Olivia president will come facetoface with cuba press desk cubas president will come facetoface with cuba s raul castro. How significant is this . Peter it is largely symbolic. We know they will be at the same room. We dont know whether or not there could be a bilateral meeting. It is largely symbolic at this point. That symbolism is important in cuba and in the United States. This is a big moment for the president and for raul castro. It is dominating the summit of americas right now. Olivia the u. S. Still has cuba on its list of state sponsors of terrorism. What are the chances obama is going to drop that . Peter g8 knowledge that the state department has made its recommendation to him as to what should happen with that designation. The recommendation is to drop cuba from the list because cuba is no longer engaged in some of the activities that it has been doing in the past. This is a very important obstacle to the furthering of diplomatic relations and normalization of relations between the two countries. The president could drop this designation at the summit, but it seems more likely in the days following. It is an obstacle in the ongoing talks between representatives of both countries and something of a symbolic and rinse and a financial hindrance to cuba. It is a big issue. It is one that is likely to go away soon. Olivia how is this going to plan capitol hill . Peter the president faces push back over his approach to cuba. The opening of this policy to cuba. From a number of republicans and democrats. Marco rubio and bob menendez among the powerful members of congress have been critical of this. Marco rubio said in a statement that cuba has done nothing to earn the legitimacy president obama continues to bestow on the regime. He is going to face more criticism over the policy, but unlike with you ron, it seems like there is a bipartisan sentiment to move forward. A lot of members of congress would like to see their state doing business with cuba and earning the economic reward. Olivia we will leave it there. Looking forward to that big photo op. Potentially, president obama and raul castro face to face. We turn to europe. Stocks are reaching new highs heading to the biggest weekly gain. The stoxx 600 hit a record high yesterday. German Industrial Production beat forecasts. The euro area economy is improving. Jonathan ferro is our man in london covering all of the action. Another day, another record high. Jon phenomenal. We saw this on wall street. Asset prices get a boost. What is remarkable is the speed at which it happened. The best quarter for equities since 1998. The gains just keep coming. I will not be flippant about this. I might be a little bit. The french 5year note, the yield dropped below zero. Quite remarkable stuff. Olivia why not by german sevenyear treasuries and pay germany for the privilege. People dont know where to put their money. And they have more of it because mario draghi has opened up the tax. Is this a currency related move . Or is this japan in 2013 all over again . Jon it feels like that to a large extent. Number one, it is the euro. European equities are having their best week knows the price because the euro is having its worst week since 2011. The euro is giving big support. Number two and there will be some debate but this data has surprised to the update upside. There is no denying it. The data has surprised to the upside. Number three, consolidation. M a. The Energy Sector got a big boost from shell taking over bg group. That could be something that is around the corner for european equities. Potentially another tailwind for the European Equity story. Number one has the fuse lit on this equity market. Olivia thanks so much. I would definitely agree with the mergers and acquisitions story. A lot of American Companies are suddenly hungry for european assets. They give so much. Have a great weekend. Still to come, it is a big day for the debt world. You can the tech world. You can try on apples latest watch in store. Samsungs latest phone is up for grabs. We talked to our gadget guru about why you would need a phone that has three sided screens. Whether or not it is all worth your money. Olivia here is a look at our top stories. Hillary clinton will officially enter the president ial race this weekend. The former secretary of state just signed a lease on office space in brooklyn heights. It is a 15 day window in which she can conduct Campaign Activities before formally entering the campaign. A shootout at a Census Bureau office. The gunmen killed a guard and kidnapped a woman at the office in maryland. He was caught after a highspeed chase in the kidnapped woman is safe. The Federal Reserve is quizzing wall street about clearinghouses. They want to shed more light on the seven hit trillion dollar 7 trillion market. Clearinghouses shed risk to a handful of entities. One could lead to uncapped losses for banks. Those are some of your top headlines. Still to come, we had to the Masters Tournament live in augusta, georgia. The 21yearold boy wonder atop the board Jordan Spieth. De la soul has a new album. You can try on an apple watch in stores. You can check it out if you want to wait in line. Samsungs new galaxy smartphones go on sale. Analysts are predicting shipments of samsungs latest smartphone could reach 55 million this year. Joining me to discuss is gregg harper. He somehow seems to get his hands on all of these devices before the rest of us. I see you once again got your hands on the samsung s6 edge. What do you think . It is a beautiful phone. Here is the s6 here is the iphone 6. It is thinner, a bigger screen, the camera is beautiful, it is much faster, it feels nice in your hands. The curve at the nice touch to it. Olivia what is the point of the glass on three sides . The idea is that you have different colors to tell you who is calling. If it is your friend collar calling it is one collar caller. That is a way of getting notifications. There is another version that is the edge note and on that one the curve is bigger, see you can look at the clock on the side of have a ticker on the bottom that will tell you things stock tickers, sports tickers. Olivia so maybe you could get a Bloomberg Ticker going across. Why not . Olivia that sounds like a little bit more utility. It looks good. This is the first time sang sung samsung has upgraded to the metal bodies. It is all clad in gorilla glass. It feels really good. Olivia it feels a little bit lighter than my iphone 6. And it is faster. And the camera is fast. It also has this new samsung pay. Samsung apple has the apple pay. This will work with any nine stripe pay reader. This will work with every terminal. Olivia that could certainly move the needle for apple. Apple sold 74 million in the Fourth Quarter. Samsung thinks they are going to shift ship 55 million in the whole of funny 15. Is this going to help samsung catch up with apple . No. The real threat is this. Olivia what is that . This is one plus from china. Olivia you are holding out on me. Whether it is the one plus or whatever, the chinese phones are really nice. They are much less costly. They are being sold in zillions in china. Olivia who makes this . One plus. Olivia that is the brand. Wow. I like it. We are excited about the apple watch today. I went out and took a look at 2 00 in the morning. I went back to sleep. At 3 00 in the morning, the site took about five minutes to come online. Most watches were shipping into may. A 17,000 watch was listed for august. The other fancy watches were listed for june. Theyve got demand. I think this is an apple play to try to create demand. Olivia what is the utility of it . We have people saying, it is a big question not have to take your phone out of your pocket bag. I have been wearing a smart watch for two years. This is the lg round. Olivia that is pretty goodlooking. It is pretty goodlooking and it is cheaper. It runs for two days or maybe three days without changing the battery. The apple watch does not do that. Olivia i want to bring the camera over here. The new apple watch looks a lot more like the Samsung Smart watches. How does the Samsung Smart watch stack up to yours in your opinion . They both have the same problems with battery life. The crown is pretty nice. Once you get used to it, it is pretty good. The apple watches faster. It also has the variable touch on the touchscreen. If you press harder, you get a different look at it. As you would expect, apple nailed it. Experience wise, apple nailed it. But but, the basic watch, you are going to pay about 1000. It is not subsidized. This watch is going to be obsolete in two years. I brought the first ipod. More current ipod. Olivia look at this. I remember this. Do you remember this . How did anyone go jogging . Gregg harper, thank you so much for joining us. I want to steal your one touch phone. We appreciated. We have to come back when you have your 17,000 apple watch. Dont go away. In the loop will be back with more on the apple watch and the new galaxy. Olivia you are watching in the loop live on bloomberg television. I am Olivia Sterns in for betty liu. Stocks are flirting with record highs, yet more than half of americans have likely missed out on the rally. They have been sitting on the sidelines. 52 of those polled said they dont own any stocks or investments, like mutual funds or even have 401 k s. We are joined by a banking analyst. Why are momandpop investors sitting on the sidelines . People gave a broad range of reasons why they were not in. The biggest reason is that people do not have the money to invest. After digging themselves out of the Great Recession and people being unemployed for a long time , that is kind of understandable. People making less than 30,000 per year say they did not have the money to invest most. You do not have to have a lot of money to invest. Olivia if you dont have a lot of money, im interest that makes sense. 9 said they just dont trust Financial Advisors. Why is that . It is interesting because the people who are most likely to say they do not trust Financial Advisors were age 5064. They have been through the market bumps we have seen. They were right there for the Great Recession. They were there for the stock bubble in 2000. You can understand where they are gun shy. Those kind of market bumps have an effect on the way the people perceive the market and stocks in general. Olivia that is the age range in which people need to be saving for retirement. Given where rates are and where inflation is, they would be better off with their money in equity funds. What surprised you most about the findings of the report . It is interesting. The second biggest reason people gave for not investing in the market is that they did not know enough. Millenials were likely to say they do not know enough. To me, that just points to a real problem with financial education. People out of high school and out of College Without the knowledge to invest in the confidence in the market. It is something that could be addressed. Olivia i saw a note from a frequent guest of bloombergtv saying that equity markets usually consists of overly aggressive individuals on asset classes. Do you agree with that . Do you think the fact that we dont have all of these mom and pop investors means that the bull run has furthered . The thing that you worry about is a lot of these mom and pop investors are going to wait until it is right near the top and then they are going to end up buying high and selling low, which is the exact opposite of what you want to do. If they are putting their nest egg into the market at the top and they are going to take another big hit when there is an inevitable correction i think that is the real danger. What i would encourage people to do is steadily put money into the market. Have a plan, stick to the plan. Olivia we will leave it there. Another big finding, people check their phones 150 times per day. The minority of people actually look at the retirement account. Most look less than once a month. We do have a little bit of breaking news right now. I want to get over to scarlet fu on Hillary Clinton. Scarlet she has not yet made it official. She will formally declare her candidacy on sunday. This is been making the rounds a little bit. How exactly will she do it . Whether she will do it in a video or over social media, it is not clear just yet area yet. The worst kept secret in american politics. Everyone knew this was going to happen. It is a matter of how she decides to proceed. It is interesting she is doing this days after we had several republican candidates declare presidency candidacy. She is finally going to make this official and she will end the questions and answers. This is not confirmed by the campaign itself. They do not want to give away too much. It is going to happen on sunday morning. Olivia we also found out that the Clinton Campaign through a source, had taken out headquarter real scarlet yes. Olivia so we thought this could have been coming. We are hearing from a source that sunday scarlet sunday is the time it is supposed to happen. We have data import prices that came out, and the reed, month over month, a drop of. 3 slightly smaller than what economist had been looking for, but the prior month was revised lower. Year overyear, import prices fell from. 5 . The stronger dollar certainly continues to have a huge impact driving import prices down while energy prices, for the most part, seem to have bottomed out. According to karl looking on a, carl it is another re that people are looking at closely to gaugead what kind of impact the u. S. Dollar has had on the economy. When i look at how the markets are reacting, the u. S. Dollar did not really move on the report. It was at its session high. It continues to build on those gains. Stock Index Futures many futures, not making much of a move either. They are positive right now, but in a narrow band. Olivia thank you, scarlet fu our chief markets correspondent. Lets look at our top headlines. General electric is confirming its biggest strategic move in year selling most of its finances in ge capital. Real estate is being sold for nearly 27 billion. The buyers wells fargo, and the private equity firm blackstone. This is part of ges focusing on manufacturing. They are bringing back 36 billion in cash from overseas. The u. S. And cuba could take a step toward better relations. President obama and cubas president raul castro might get a chance to meet facetoface at the summit of americas in panama today. John kerry spoke to the Cuban Foreign minister Bruno Rodriguez at the highest level meeting between the countries in 52 years. Present obama says it does not mean the u. S. Approves of how cuba treats its people. President obama we are as committed as ever to human rights, but i believe engagement is more important than isolation, and the changes we are making can help improve the lives of the cuban people. I also believe this new beginning will be good for the United States and the entire hemisphere. Olivia the president announced an historic shift in policy toward cuba. U. S. Might remove cuba from the list of countries believed to be sponsors of terrorism. Quarterly pc shipments fell. Retail customers overwhelmingly prefer mobile devices. Old navy instore and online sales rose 11 in quarter, and gap tops estimates. Seven Kentucky Wildcat ba