ryan, thank ryan chilcote joining us from the trading floor at manus has the bank of england staked out. up next, we speak to aviva ceo, mark wilson. he will be joining us as they report numbers to their market of the first half of the year. this is bloomberg. ♪ anna: welcome back. this is "countdown." you're looking at a live shot of london. super thursday, we get inflation report from the uk's interbank. has announced first quarter that's first half operating profit -- first half operating profit. joining us now is mark wilson. manus cranny is over at the bank of england. mark, let's talk about these numbers. talk about the solvency ratio this reported 20 upper end of that 150 180% range. how stable is that number, can you keep it up there you go -- up there? mark: manus, it is nice to be back with you. three key numbers to focused on the first of these is the operating profit. that is up 13%. second one the market seems very focused on is capital generation. that pays dividends. that is up to 1.5 billion from the operating companies. flows through to the dividend and the dividend n

it is like ryan swimmer guy. you have the dots down your left arm. it has never been wider. we go to jackson hole with the greatest disparity we have ever seen. mike: this is why they have a credibility problem. so their line is here, the market line is down here. where are they going -- no one knows. here is another chart. this is the probability of a fed rate hike in december. they came into this year, saying we would have four rate hikes this year. look what we have. --have yes, no, yes, no yes nah. how is the market supposed to figure how to price the cost of credit? francine: so what do we know about what janet yellen once -- wants? issue the only one we should be listening to? mike: you got it. bill dudley usually reflects what she says. so the question is is this the venue where she wants to make a statement? ben bernanke did a couple of times, but jackson hole is not a place you traditionally layout monetary policy. so will yellen do that, will he she -- will she be forced to in the markets? she said this was not the right occasion, and they have the jobs report comi

david: thank you, ryan. we appreciate that. joining us from westchester, pennsylvania. don't miss our interview with the ceo of toll brothers coming up at 1:00. move closernsanto to a major deal but hurdles remain in the way. this is bloomberg. ♪ nejra: live from london, i'm nejra cehic. david: i'm david gura. shares of best buy of at least 16% after second-quarter earnings beat estimates. electronics retailer was helped by rising sales of electronics, home theater, and wearable technology. the ceo has been trying to turn around the chain after years of sluggish growth. at&t has reached a deal for enhanced roaming and other services for customers visiting the island of cuba. agreement for an visitors to cuba to receive and send text messages and phone calls. that is the bloomberg business flash. and monsanto are said to be making progress toward a deal in the coming weeks. an agreement would end months of back and forth between the companies beginning with bayer's initial offer. for the latest, let's bring in jeff mccracken. jeff and his team were actually first to re

he will support paul ryan, he does support paul ryan. he says he will work with paul ryan. there is no issue about that he did take a position in the primary. he is not taking a position in many primaries. that is not the news. the news is that working together to elect a republican congress and a republican president and i think you will see that. john: paul ryan, speaker of the house in a radio interview in green bay, despite trump's refusal to endorse him stood by the nominee. paul ryan: the only endorsement i want are those of my own employers in the first congressional district. that is really what my focus is. i said at that time and ever since then if i see a situation where our conservative principles are being distorted, i will center for those conservative principles. none of these are ever a blank check. that goes for any situation in any kind of race. john: that's a little honest the ryan will be supportive. in virginia beach, trump's number one defender, mike pence, who broke with him, sided with trump saying the ryan thing was based on his friendship. another

one of the differences with the republicans did elevate paul ryan. it would be a different kind of race. you talked about it earlier. how do you think about rejuvenating and changing the course of your campaign? both had positive things and perhaps he will listen. i doubt he will listen. you have to look at the data and say this is not where we want to go. run as an outsider. it doesn't take much thinking to figure out where the country is. he doesn't seem to have the discipline to do the basics to win. actually lead something? it's important for the united states of america for the next war or eight years, if he can't follow a simple template and narrative to try to get elected. donny: that will be interesting to watch. mark: i bet you agree with what he just said. rick: i would find very little to disagree with. mark: casey will stick around for more. if you're watching us and washington, d.c., you can listen to us on the radio at 99.1 fm. we will be right back. ♪ ♪ that casey hunt. let me start with you. at what point do the folks down ballot

coming up, more from the exclusive interview with ryan moynahan -- brian moynihan. this is bloomberg. ♪ david: this is "bloomberg ." brian moynihan, compared to the european peers, u.s. banks are further along in their recovery after the financial crisis. here is what he had to say. it was tough u.s., because of the size of the economy. tough because you have multiple regulators but we don't have multiple jurisdictions. that makes it so much harder. that is one issue. there wasn't any place for these loans in europe to go. in the u.s., we could get them to the capital markets and restructure the balance sheet. was he bought merrill, it $3 billion. so shrinkage went on and nobody do it and it went in the market. but that is harder to do in europe. david: that was brian moynihan speaking exclusively. us now.ller joins she follows bank of america and one of the things that he did emphasize was the relative absence of markets in europe and why it makes it so much more difficult for them to restructure banks. is this something you have been following? laura: yes. t

he will support paul ryan, he does support paul ryan. he says he will work with paul ryan. there is no issue about that. he did take a position in the primary. he is not taking a position in many primaries. that is not the news. the news is that working together to elect a republican congress and a republican president and i think you will see that. hn: paul ryan, speaker of the house in a radio interview in green bay, despite trump's refusal to endorse him stood by the nominee. paul ryan: the only endorsement i want are those of my own employers in the first congressional district. that is really what my focus is. i said at that time and ever since then if i see a situation where our conservative principles are being distorted, i will center for those conservative principles. none of these are ever a blank check. that goes for any situation in any kind of race. john: that's a little honest the ryan will be supportive. in virginia beach, trump's number one defender, mike pence, who broke with him, sided with trump saying the right thing with days of his friendship -- ryan t

it mark: despite donald trump's refusal to endorse him, ryan paul -- paul ryan -- paul ryan said the only endorsement he cares about is from the voters in his congressional district. president obama is riding a congressional bump. a poll has the president's approval rating at 54%. the highest in four years. people surveyed said things are going badly in the u.s. a judge has appointed a special prosecutor in a murder case officer, police indicted for killing laquan mcdonald's. . mcdonaldideo showed being shot 16 times. a senior officials tells the associated press he hopes to see the north korean flag on the moon within 10 years. outside expert says the plan is ambitious, but conceivable. global news 24 hours a day, powered by 2400 journalists, in more than 150 news bureaus across the world. angie, back to you. angie: exclusive insight from bank of america's brian monahan. he said his bank was in a good .osition to weather a reception -- he topic of european voted surprise on the brexit vote. >> it was a surprise it went that way. people are still adjusting to that and adjustments are

uy: thank you very much, ryan. the latest indication that jacob is losing his grip on power in south africa may be the decision of a wealthy indian family to -- -- assets in the country. joining us is the c.e.o. of the holding company owned by the family. good morning to you. thank you very much indeed for taking the time to join us. how much of a surprise was the news that they are going to be selling out of south africa to you? >> well, you know, they decided in april to step down from active roles. suppose a logical step was to diverse the shareholdering. guy: this is completely an apolitical decision? any people will question that. >> i'm sure they would, but you know, i can tell you the reaction since the weekend has been lots of people calling for opportunities to buy in the business. it is definitely a business on -- sound business principles or we wouldn't have that kind of interest. guy: can you give us a sense of how the price is going to work? you have expressions of interest. how do you think the price

one of the differences with the dole campaign, republicans did elevate paul ryan. it would be a different kind of race. you talked about it earlier. how do you think about rejuvenating and changing the course of your campaign? both had positive things and perhaps he will listen. i doubt he will listen. you have to look at the data and say this is not where we want to go. run as an outsider. it doesn't take much thinking to rick: i would find very little to disagree with. mark: casey will stick around for more. if you're watching us and washington, d.c., you can listen to us on the radio at 99.1 fm. we will be right back. ♪ ♪ mark: that casey hunt. let me start with you. at what point do the folks down ballot start to cut ties with mr. trump? is a moment where they go we have to say this thing down ballot? >> i have not sure we will see people cut ties. we have certainly seen a change after the convention. i had pollsters telling me before the convention they were not seeing trump's affects that affect down ballot. after the convention this has changed. i don't

olympic medalist ryan lochte apologized on social media, saying he was sorry for not being more careful and candid when describing the events that took place last sunday. lochte did not go into detail about what happened at a rio gas station, but said he was involved in a quote, traumatic situation. finally, all-night service launched on the two -- tube. six trains will run on the central and victoria lines overnight. expanded service is expected to boost the u.k. economy. global news 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. i'm courtney donohoe. nejra? nejra: thanks so much. for anyone who's ever been on a london night bus, i'm not sure you would be quite as excited about the tube. now, to what many consider one of the thornier issues in the upcoming brexit issues. some tech companies are worried the divorce could cut off high-tech data flows. when consumers in europe shop online, data passes through u.k. servers. hase minister theresa may not said whether he would follow -- they would follow eu privacy laws after brexit. great stor

mitch mcconnell, paul ryan? the group effort, part of donor class shifting money to the m -- nrcc. working together with ryan, mitch mcconnell, making that big, you can do it in not a poke your finger in donald trump's eye. turnout resources in ohio and north carolina, places that are competitive and focus more about that goes there is a legitimate concern about republicans, particularly suburban republicans not showing up to vote in presidential states that have senate races, colorado. were warnedeb bush about his traits, how has even worse?- how has he been >> he exactly is the candidate we thought he would be. we started a website that said nominating donald trump would be the in organization -- and i gratian of hillary clinton. i predicted he would lose utah, georgia, arizona, those are the tossup states. when they talk about expanding the map and party, guy will talk about arizona. trump will notd allow himself to be george mcgovern, he will not -- >> i would not be surprised to see and quit the campaign trail for a couple of days. not say hehard, i do will drop out and mike p

and now endorsing paul ryan tonight, expected to. it's donald trump, you have to be careful with how you cager it, because he can always change his mind. there does seem to be in intent towards a course correction and it knowledge meant that things are not going well. jennifer: do you have any thoughts on the gary johnson affect? you talk to voters, especially independents, are you hearing anything about gary johnson, and do you think he will have any effect on the race at all? >> we do hear his name a bit. i don't expect him to have a very large effect. i hear the green party candidate's n ame a bit as a protest vote, jill stein as a protest vote against hillary. not likely to have a very large effect. mark: who within the trump trump campaign, you said there are camps. is there division about how to proceed? >> there is less the two camp atmosphere then there was -- lewandowski does still try to pull some strings behind the scenes. the rivalry between him and manafort is ongoing. there is revenge politics going on there. manafort h

house speaker paul ryan accused the president of misleading the public. olympic swimmer ryan lochte has apologized for the haters surrounding a late-night incident at a rio de janeiro gas station, saying you should have been more careful and candid about what happened. he said he was apologizing in in taking the focus away from other olympic athletes. and the nba has decided to all between 17 all-star game in new orleans. the game was moved from charlotte, north carolina over a state law that removes protections for lesbian, gay, and transgender people. global news 24 hours a day powered by more than 2600 journalists in 24 countries. i'm ramy inocencio. lisa: with all of the recent gains, are there any bargains in the market? joining us, the chief equity strategist at credit squeeze. creditwe get start -- at squeeze. before we get started on outflows, we have the largest in u.s. equity funds, passive and active, in six years, and yet itssaw the s&p 500 post biggest rally of the year, up 3.6%. what gives? does it not matter what retail investors do anymore

how do speaker ryan and the other elite react to the flourish test? megan: speaker ryan has been outspoken about condemning this proposed ban on muslims. although he has walked back on that. when you attacked -- when you attract such vociferous critics, with foreign-policy advisers saying that he is not qualified, others who say with more extreme language that he is dangerous -- tom: every time you are on the set, we flourish. megan: i am a hipster. tom: thank you so much. mark halperin and john heilemann tonight at 5:00 p.m., "with all due respect." good morning. ♪ tom: good morning, everyone. on the yen 100 watch, stronger yen this morning. right now to our "bloomberg first word news," here is taylor. taylor: donald trump is calling for a new ideology test for immigrants to guard against terrorism. he said in youngstown, ohio, serious measures must be taken right away. mr. trump: the time is overdue to develop a new screening test for the threats we face today. vetting. extreme i call it extreme -- extreme -- setting -- vetting. our country has en

spent the last week feuding goldstar his bat with parents and last week he landed in a feud with paul ryan and john mccain saying he wouldn't endorse them. this is kind of an attempt to move past that. slipping in the polls, and this is an attempt to bring his campaign back on track. --ry: is it implantable implementable? sahil: the parts he outlined today are the parts the republicans in congress will like. can he get big tax cuts and deregulation through? such as the repeal of dodd-frank? yes, he can. proposed rejecting the transpacific partnership and a massive public works program, something about half $1 trillion in for structure spending. coming is of things unlikely to be able to get through, no matter who is running congress, especially if it's republicans. the parts of the speech he

ryan lochte is already back in the u.s. some interview, he changed of the details of his original story about being robbed. of a lifetime if you are a student of world war ii. the normandy tank museum in france is selling its entire collection, some of which was used on d-day in 1944. more than 44 armored vehicles will be up for sale. 2013 andm opened in has not been able to draw enough of visitors to stay open. global news 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries. i'm alisa parenti. this is bloomberg. thanks. getting back to the july fed minutes which are fueling a rally in treasuries, the 10-year .as fallen some are calling it a dovish tone in contrast to officials like bill dudley, who is with us. komal sri-kumar is with us. he sees the 10-year falling to a record 90 basis point by the end of the year. you say the market is interpreting these minutes as dovish. extent, the market is looking more for a rate increase this year than it was before the minutes. they seem to

mike hence has issued his own endorsement of paul ryan. shinzo abe cap the big hitters in his new cabinet, but also sprung some new surprises. the chief cabinet secretary and finance minister retained their positions. they have held those since december 2012. >> fulfilling our responsibility for the future is the biggest mission for this new cap netgear there is only one thing to do, challenge, challenge, challenge the future. we will continue our efforts tirelessly. this cabinet should be called the future challenge cap net. rishaad: china's market for the ipo's is the hottest it has ever been, stocks soaring 420% in their first month. tom mckinsey joins us with more on this story. what is going on here? it is unprecedented, 62 ipos. they have seen on average a rally of more than 400% to that is a record for a rally of this type. value has been very low, around $88 million on average, the lowest since 2005. the regulators have played a big role, restricting the number of ipos and they have pushed companies to keep deal values low, worried

house speaker paul ryan is reforming his support -- reaffirming his support for mr. trump. since he declined to back him, he says his endorsement is not "a blank check." he says the only endorsement he cares about is from the voters in his congressional district. he faces a primary challenge on tuesday. the men accused of the june 2015 killings of nine black parishioners at a charleston, s.c. church has been assaulted by an inmate. the sheriff's office reports he was in the shower when he was beaten by another inmate at the charleston county jail. he was not seriously injured. secretary john kerry says at $400 million payment made to iran wasn't related to the settlement of the nuclear deal or to the release of the four americans being held by tehran. he says the payment, plus an additional $1.3 billion in interest, was tied into a decades-old dispute over a failed military equipment deal that hates the 1970's, before the islamic revolution in 1979. day,l news, 24 hours a powered by more than 2600 journalists and analysts in more than 120 countries. i'm mark crumpton, this

trump by endorsing paul ryan in his primary fight. the move comes after donald trump said in an interview, "he

republicans by criticizing parents of an american muslim soldier killed in iraq, and refusing to endorse paul ryan for reelection. black lives matter protesters are protesting around britain. organizers say that the movement is needed in britain and all over the world. activists are protesting several issues in the u.k., including a reported increase in hate crimes rexit vote.xi some attorneys say that the blocking of hong kong radical leaders for running could be counter to autonomy. hong kong holds its legislative council election next month. olympianer brazilian isabel salgado carried the olympic torch to the famed christ the redeemer statue today, one of many stops for the flame. it will be used to light the opening ceremony tomorrow night. global news 24 hours a day, powered by 2600 journalists in 120 countries. i am courtney collins. this is bloomberg. mark: thanks very much. let's get back to today's u.s. jobs report, the economy adding another 200-5000 jobs in july -- ,5005000 jobs in july -- 200 jobs in july. joining us now, thanks for joining us. why are stocks rising? one might assume i

ryan chilcote joins us now. ryan: a little bit more about the dollar. this is a three-day chart. you see the dollar kicking along. speaks.llen what does the dollar do after the comments? it plunged initially. investors confused. had stanley fischer, deputy head of the fed come out and say, september on the table. a rate hike in september as possible. that sent the dollar up, where it has been ever since. japan.to take you to dis the nikkei 225 up 2.5% on the back of janet yellen's speech and roto speaking -- kuroda speaking in wyoming. if he has to, he is prepared to do more easing. on friday wasaw the biggest in a month and a half. i want to talk about emerging markets. south african stocks, it is the world's worst performing emerging-market currency. that is helping some stocks, in particular. exposure, the dollar this is a five day chart. meanwhile, however, the mid-cap stocks, the white line, they are down because they do not have the dollar exposure. anna: thank you very much. crude oil has moved lower this morning on doubts over production freeze agreements. yousef joins us

ryan: it was a surprise it went that way. the bookies and everybody had a going another way. people are still adjusting to that. from personal disappointment to, now we have to figure out what's going to happen. volumes went through the roof. no one knows what the rules will be. we are trying to keep everybody calmed down. this is a bit unprecedented. until that becomes clear come all you can do now is a let's take three or four scenarios and try to plan against them. ♪ angie: you are watching "bloomberg best." i'm angie lau. in the past bond yields have , touched all-time lows. the trend touched off plenty of discussions this week on bloomberg television. what is causing yields to bottom out and how should investors react? even bond king bill gross says he is staying away from sovereign debt. he explained his position in an interview with scarlet fu. scarlet: you don't believe in pricing, you've given up on markets. with years of central-bank distortion behind us, how do you go about determining the value of real assets versus financial assets? bill: it is difficult and yo

for moore, ryan chilcote is here. -- for more. ryan, so the problem is there are a lot of billionaires backing hillary clinton, saying donald trump is dangerous. if you see what happened with brexit, you have a lot of people flewing for the state saying that brexit should not happen. ryan: there is a danger. hillary clinton needs bernie sanders' support base. they do not like the idea of hillary clinton being so close to wall street. on the other hand, hillary clinton these republicans. she needs to get some .epublicans to cross over t we've seen a string of billionaires. now we have got meg whitman, the ceo of hewlett-packard coming out. republican,she a and by the way says she will remain a republican, but she is fundraiser. she is ready to deploy capital. see she says she is going to spend in the six figures to support hillary clinton. this is a cardinal sin. favor of hillary clinton as a republican and put your money behind it. what the democrats are trying to do is say donald trump is not a good businessman. listen to all the

olympic swimmer ryan lochte not saying whether he will return to results to face a charge of filing a false police report. his legal team is dealing with that situation. he admits he lied to having a gun held to his head at a rio club.on -- rio de janeiro global news powered by global news and analyst. this is bloomberg. mark: going back to the brexit fall. the u.k. moving forward. the question many have time -- tried to figure out is what relationship will they have from here you go join me as is the deputy prime minister joining us. this will represent from the biggest is the sloppy. there is a big eu summit taking place in early september. one of the things up for debate is how will the eu cope without non--u.k. eut is a going to look like? what is your early view of it? >> first of all, we need to have a good relationship. we need to have a very good regulation, and need to go further with this kind of activity. it is our duty to do more. i do not think it will be possible to take concrete actions. maybe monetary union, some social issues. it is possible to challenge together with

shirley ryan was speaking to the ceo and he was saying it is difficult at the moment to assess how brexit will affect it because they aren't sure how the government will respond, and the pending recession -- they are well positioned to benefit from projects like heathrow, from the -- there are an array of programs with huge governments -- billions and billions. the question now is whether theresa may goes ahead with it. she wrote the thing saying that she is a supporter, but it comes after delays to the program, so it is still a little bit of the air. guy: thank you very much,. . on bloomberg overturns the campaign trail. that story, next. this is bloomberg. ♪ [ clock ticking ] time. you only have so much. that's why we want to make sure you won't have to wait on hold. and you won't have to guess when we'll turn up. because after all we should fit into your life. not the other way around. ♪ everything is cool when you're watching a screen ♪ ♪ everything is awesome, ♪ when you're sharing a meme ♪ ♪ a voice remote, "show me angry kings" ♪ ♪ you know what's awesome? everyth

he will support paul ryan. he does support paul ryan. he says he will work with paul ryan. there is no issue about that. he did not take a position in the primary. he has not taken a position in many berries. the new -- many primaries. the issue is them working together to elect a new republican congress and republican president. ryan, in a radio interview. despite trump's refusal to endorse him, stood by the nominee. ryan: the- rep. only endorse i want is that of my constituents. of my own employers here in the first congressional district. when i did support donald, i said at that time and since, if i see a situation where our conservative principles are being distorted i'm going to stand up for those conservative principles. mike pence sided with trump suggesting the ryan thing was based on his friendship. john, another new cycle has come and gone. where do things stand between trump and the republican party? >> i will say some thing that may be controversial. you could say that today was not a terrible day. these polling numbers that we just discussed will hit like a to

she's giving mitch mcconnell, paul ryan a way out. one of the things they know they need to do is govern differently. they might not say that out loud. they need to have a different relationship with capitol hill. giving them this space makes that possible. john: and continuing to keep pressure. if donald trump has been relatively disciplined, continuing to keep pressure on establishment republicans, to constantly make a choice between the normal republican party in what donald trump is is smart even in the context of the campaign. kasie: i think that is right and republicans on the hill think that as soon as they come back the are all going to be getting some version of this question. john: we are going to talk about how donald trump is handling the fallout from the alt right imbroglio. it is easy to forget that a couple of days ago hillary clinton and her team were getting buried alive with questions about her foundation. >> are you certain there are no e-mails or foundation ties to foreign entities that will be revealed that could

the explanation that strikes me as probably the most closest to the mark was one that paul ryan gave today where he said, it was just a joke that went bad. trying to say,e no they, they were trying to marshall a coalition of devoted supporters of the second amendment. judging by the tone of voice in the reaction of the audience, i think again that explanation doesn't make a lot of sense. ark: it was uncomfortable to say, we don't believe you. even if you want to credit their explanation, saying after the election, they could use their power at the bauer -- ballot box, he has to understand and his campaign has to understand a lot of people are troubled. they took it to mean advocating violence against a president clinton. if he wants to convince people he is reasonable and compassionate and sensitive, he thinks he needs to convince people of those things, he has missed another opportunity. charlie: is a presidential quality to be able to censor yourself and make sure what you are saying is not misunderstood. mark: if you are misunderstood, on a topic so serious, you have to be reflect

khan family and not an voice -- and not endorsing paul ryan right away. there was up all this morning that shows hillary clinton is up six points. at what point is the donald trump campaign going to be concerned? nowhey are concerned right and one thing about our poll this morning is that the six-point gap is smaller than the gap you have seen in recent polls. this is a sample of likely voters and we should emphasize was taken before these latest comments on the second amendment. that being said, one of the most interesting parts of the poll is that 61% of respondents in this poll said they were less impressed with donald trump's business track record than they has desdemona have been. that has been a huge factor in playing towards the success in the primary and voters he has captured. he'sng them behind him, got to continue to have this image of a successful businessman who can take what he's done the business world and take that into the white house. if he loses that, it will be a him difficult road for which is already difficult and he himself keeps ma

paul ryan is reaffirming his support for donald trump. in his first interview since trump declined to back him, he said endorsement is not a blank check. he also says the only endorsement he cares about is from the voters in his congressional district. he faces a primary challenge on tuesday. survivors of the pulse nightclub shooting learning today that how -- learning how the more than $20 million will be distributed. iny hosted two town halls miami. the suspect died in a shootout with police. global news 24 hours a day powered by our 2600 journalists in more than 120 news bureaus around the world. you can find more stories on the bloomberg at top . it is just after 6:30 p.m., thursday in new york. we have a look at the markets. david: good morning. cuen markets taking their from the u.s.. with the s&p 500 really unchanged, we are unsure of where to go. openedtrillion index has -- the futures of the australian index has opened down. looking at indonesia. 7% president has promised growth since has election in 2014. he has not managed

it was raised most pointedly with ryan in the past. mark: he has said, i will speak out -- john: he has not today. many of these people are not merely offended. many of them believe that these kinds of comments, comments like this and those in the past -- render donald trump unsuitable for the oval office. they believe that in their hearts, and they are either leave -- either nominally endorsing him, trying to stay clear of the trouble. i don't know how as a human being you live with yourself if that is what you believe. if you believe he is fit for office, fine. mark: this is not insulting a federal judge. this is more, and a lot of people spoke out about that forcefully. i'm amazed at the relative lack of forcefulness. john: as if all of this wasn't enough trouble for donald trump, his campaign is also dealing with a different controversy from over the weekend or this one, as it happens, also arose from trump's interview with week" in which the nominee fielded questions about russia and why the republican platform language showing so

was talking about voter mobilization, while some republicans, including corey lewandowski and paul ryan, are going with a different talking point, that the whole thing was a joke gone bad. here is what donald trump had to say about this matter at his rally this afternoon in virginia. >> the big part of the rigged system is the press itself, because they can take a little story and make it into a big deal. it happens so much. it happened so much. ,peaking of that, remember this we have so many things that we have protect in this country. we have to protect our second amendment, which is under siege. remember that, under siege. much.happened so it is under siege. inlary clinton weighed during her own campaign event and i with. >> words matter, my friends. if you are running to be president or you are president of the united states, words can have tremendous consequences. yesterday, we witnessed in the latest in a long line of casual comments from donald trump that crossed the line. cruelty to a gold star family, his casual suggestion that more countries should have nuclear weapons, and no

from a ryan lochte has apologized for his behavior surrounding a late-night incident at a rio de janeiro gas station, saying he should've been more careful and candid about how he described what happened. lochte said in a lengthy post on instagram friday that he was apologizing for his role in taking the focus away from other olympic athletes. the 12 time gold medalist reiterated his view a stranger pointed a gun at him and amended money to let him leave. paul manafort has resigned. trump says in a statement that manafort offered and accepted the resignation from the campaign. the move follows a major shakeup among trump's campaign staff. manafort is under security for his work in europe, especially ukraine. trump's campaign is spending nearly $5 million on television ads. they will air in the next 10 days in ohio, pennsylvania, north carolina, and florida. andhe first ad, trump clinton are contrasted on immigration, border security, and syrian refugees. clinton reportedly told fbi agents that the former secretary of state colin powell adviser to use a private e-mail server. "the new yor

with the republican party they are , conservatives, but they look at the eric cantor's, at the paul ryan's and said you are actually part of the problem. no one is sacred, no one is going to be protected. that is what made breitbart a hero in the conservative world. he didn't care if you happen to be a member of his etiology or party. if you sell somebody out then you are a target. that is why you saw steve bannon go after eric cantor, who was very close to wall street, when he went up for reelection to -- and nobody thought he could lose his reelection in a local district. charlie: he lost his election in a primary to hillary clinton. what is the calm from the e-mails? what do we know, what have we learned about the fbi notes? what is the next turn that will provide fodder for the campaign of donald trump? the absolute nightmare talked about on the hillary clinton side is not within the fbi report. it is from julian assange. it is within these leaks that we believe that began abroad might have held back. it is what julian assange may or may not have. charlie: is there some connection with

sign of continuing dissension within the gop, trump said he is not ready to endorse house speaker paul ryan or senator john mccain. new york congressman richard hanna is the first house member to announce support for hillary clinton. in an op-ed, the retiring that donaldwrites trump is unfit to serve our party and cannot lead this country. italy says it will evaluate any use of the sicilian airbase to launch strikes against the islamic state stronghold in libya. italy agreed to let armed u.s. drones to take off, but only to defend american forces targeting extremists. global news 24 hours day powered by more than 2600 journalists and analysts in more than 120 countries. i'm mark crumpton. emily: i'm emily chang and this is "bloomberg west." the latest inbit the tech parade. plus, tech megamergers maybe you -- keep rolling in. and, instagram takes a page or maybe a whole chapter from the snapchat playbook. are the latest product changes enough to take on the disappearing competition? first to our lead, investors liking fitbit. revenue growing up 46% to 586 billion from a year earlier, sugges

he knows that paul ryan is going to win. trump has no hand in it, that reflects poorly on donald trump. if he does endorse paul ryan, the sound of him swallow his pride will be like the sound of guzzling at a college beer bong party. mark: not sure what that sounds like but does his endorsement of ryan make it seem like it never happened at all? is there any residue of this that will hurt the trump campaign? jennifer: it is embarrassing that paul ryan is not going to be there. that send a signal he does not want to be seen next to the nominee. there still is that sting there, but i no republicans will appreciate the fact that trump does it -- it freshens up that feelings republican had two weeks ago when everyone came out of cleveland with locked arms. mark: they left cleveland as united as republican party with donald trump as a nominee could be. the ted cruz thing helped trump in a way, for sure. i think that not that long ago, like in a day and a half, people rethinking thinking the party was about to come crashing down.

ryan: it is that appear to be. that was not one of the allegations made by the prosecutors, despite the fact he is the son of a prominent russian lawmaker, no one actually said that. we are seeing a lot of this. we heard allegations from democrats, the people inside the democratic national committee that there were russian hackers or hackers tied to the russian government behind the recent hack. the new york times has come out over the last week to say they were hacked, as well. this is to say to the fbi and investigators in the u.s. are paying attention. they say that russia was due meddle in u.s. affairs. this is massive. just yesterday, apple updated its operating system, ios because it was being hacked. nso growth, the cyber firm out of israel, which is able to export three different vulnerabilities with your operating system.and basically , track everything you do on your iphone. definitely updated. this is something that is becoming, though it sounds fantastic, rather ubiquitous and commonplace. anna: we will

mitch mcconnell, paul ryan? tim: it has to be a group effort. part comes from donor requests focusing on money to the in rcc, which is happening. reince working with mcconnell, ryan, they need to make that call. you can do it without a big poking your finger in trump's eye to start. you can do that by shifting the turnout resources in states like ohio, north carolina, already competitive states. i think there is a legitimate concern about republicans, suburban republicans, not voting in presidential states with senate races also. colorado, for example. mark: you and jeb bush, you worked on a broad array of trump traits that you thought were problems in winning the general election. in what ways has he been worse as a general election candidate? tim: he has been exactly the general election candidate i thought he would be. we said all last year -- before christmas, we put out a web video from jeb's campaign that said nominating donald would mean hillary clinton's inauguration. had a fake hillary clinton inauguration video. as far as trump, i pred

speaker paul ryan's office told agenda that he lays out largely reflects what speaker ryan has put out in terms of the health republican agenda. his house office person tweeted some praised for trump when he called for repealing the estate tax, a long conservative goal. from that standpoint he's achieving what he needs to do and giving the republican elites a little something to placate them at this rough moment when he is sliding in the polls. as someone who reads the teleprompter, i noticed this is not one of his strengths. he seemed to stick to the teleprompter a lot and i've not seen that before. from what i could see following it on twitter, that seemed to disappoint his hard-core followers. they felt he was sticking to message too much, not giving us what he was really feeling and thinking. it looked like the hecklers were throwing him off his game as well. >> you are right he doesn't use the prompter very much. i doubt that his loyal supporters will bolt over that. but it was interesting to see donald trump get heckled eight or nine times. each time he didn't take the bait. usua

the paul ryans who say i have discussed for trump but i still like trump the person. deposition is being destroyed by trump himself. his actions are so outrageous, and some point you have to say no, it is the guy. charlie: are you saying this is a moral choice? david: in a recent column i used psychological language about trump. earlier, i talked about the traits o narcissism andf lookig at the speech patterns were fascinating to me. and there's the psychological concept called the flight of ideas. a person who suffers from this is related to a manic state. and have anr a word, association. patternsrump's speech to a robin williams monologue instead putting in insult instead of jokes. bing, bing. i felt a little queasy doing public psychoanalysis of this guy, but that is in part because our language has become so demoralized, it's hard for me to do mroal analysis -- moral analysis, at root i have a moral objection to the guy. lying that much is wrong. not having basic empathy for mrs. kahn or a baby at a rally or for anybody is wrong. we trymoral wrong, but not to use

olympics swimmer ryan locthe -- swimmer ryan lochte saying he should have been more careful and candid about how we describe what happened. he was apologizing for his role in taking the focus away from other olympic athletes. experts searching for a lost airliner are hoping to find a new search area. the searches new leader says the team where -- wants to study where in the indian ocean the -- piecese of wreckage of wreckage was discovered. global news 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. i'm ramy inocencio. this is bloomberg. scarlet: as the hedge fund struggles, etf managed portfolios has grown to 770 strategies and $76 billion in assets in the first quarter alone. over the past 16 years, etf's have expanded from 40,000 to 70,000 now. investors are getting more options when it comes to navigating etf. one such option is 55 capital. joining us is our resident etf specialist of bloomberg intelligence. your five portfolios invested solely in etf's. tell us how you decide which ones to invest in. >> glad to be here. there are thou

we'll has dropped its endorsement deal with ryan lochte after he admitted lying about being robbed at gunpoint in rio. below is donating $50,000 to a global charity for children in brazil. it was the first major company to drop its sponsorship. retired nba star kobe bryant is now a venture capitalist. he is unveiling a $100 million fund that will invest in technology, media, and data companies. fantasy sports operators are back in business in new york. the new york state gaming commission issued temporary permits. does companies can resume operations immediately. that is your business flash update. matt: deciding how to reboot permalink pictures will be the first task for the interim ceo. then there's all the other channels like ntb, comedy central, nickelodeon, and the et. we got an exclusive on the second-largest boating shareholder behind sumner redstone. in an interview with bloomberg's betty liu, he shared what he would do. do is getng want to rid of both of them. i like tom -- the last thing i would want to do is get rid of both of them. i have a general contract and the archite

angered republicans by criticizing parents of a soldier killed in iraq and refusing to endorse paul ryan, and others for reelection. criticism ofdowed hillary clinton. hillary clinton says president obama is not getting the credit he deserves for leading the country out of a recession. she says she wants to invest more in infrastructure, generate more jobs for young people and help black entrepreneurs start businesses. the war of words between turkey austria is increasing. it started after the austrian chancellor said turkey was headed to a dictatorship and question whether the eu should continue membership negotiations . health.s his poor -- help lighting the from lighting the elephant torch. he says i have got to bless all -- i hope god will bless all who participate in this event. i'm mark crumpton, this is bloomberg. scarlet: economists appear to be on the same page. to the sharpest economic minds about the job report and everyone seemed to agree on one thing. >> today's numbers are strong all around. >> that his good job growth. >> that is what i would hope for when i was working at

fox news cites two republican sources who says donald trump is expected to endorse house speaker paul ryan in wisconsin tonight. however, a person familiar with the matter tells bloomberg ryan has no knowledge of any pending endorsement from trump. ryan who faces a primary re-election contest tuesday told a milwaukee radio station that trump could cross a line that would prevent the speaker from backing him, but "where that line is, i don't know." hillary clinton addressed a convention of black and hispanic journalists. she said she wants to invest more in infrastructure, generate more jobs for young people and help black entrepreneurs start businesses. diplomats say portugal's prime minister tops the second secret poll to be the next secretary-general. unlike the first round, antonio gutierrez got too discouraged votes leaving the contest in play. u.s. intelligence has assigned more than 1,000 spies to help with olympic security in rio. nbc news reports it's part of an intense effort to protect the games and american athletes. naval and marine commandos from the special ops are in brazil.

on tuesday, trump also refused to endorse paul ryan and john mccain in their primary bids. in a fox news poll, hillary clinton currently has a 10 point advantage over donald trump. joining me is mark halperin, the cohost of "with all due respect." it is thursday afternoon, where is the trump campaign? mark: it is in a bad place. national and state polls are not just the reality of what a hard period he has had, but they have a corrosive effect on the morale of republicans. we have seen, everyone in our business, calls and e-mails from people in the republican establishment saying, i can't believe this is happening. the quality and quantity of those in the last 48 hours has been extraordinary. republicans are worried now that perhaps the plan of sticking to trump no matter what is not the right thing to do. not trying to force him from being the nominee, but abandoning him. trump has to ride the ship, or he will face a very precarious situation where republican donors, operatives, and establishment types focus solely on the house and senate. charlie: to ride the ship, he has