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Speaker 1: Bloomberg Audio Studios, podcasts, radio news, single.

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Speaker 2: Best idea, which is with all the distractions, we got

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Speaker 2: through the morning, so simple as that. Just to give

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Speaker 2: you a snapshot into it. There was a point where

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Speaker 2: we had four events going on at once and everyone,

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Speaker 2: you know, should do this, do this, do this. We're

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Speaker 2: making it up as we go, as we do with

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Speaker 2: single best idea. Audichild Freeman joined us here talk about

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Speaker 2: what's after Chairman Powell. Weaker dollar, stronger, Euro, stronger, yen

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Speaker 2: even em doing quite well as well, Audichild Friedman and

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Speaker 2: the euro, the dollar, all of that.

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Speaker 3: You know, euro dollar strench with the exception and we

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Speaker 3: say the you know, the German fiscal announcement has been

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Speaker 3: many dollars week of dollar driven. And what I'm saying

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Speaker 3: is that, you know, if we want euro dollar to

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Speaker 3: go to one forty, and I think it's feasible, we

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Speaker 3: kind of need a new trigger. But it's stun on Europe.

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Speaker 3: All of the bad news out of the US, well,

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Speaker 3: I hope so anyway, but most of that is kind

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Speaker 3: of in the price or maybe we maybe we break

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Speaker 3: one twenty, but can we go to one tea? Can

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Speaker 3: we say that? And for that to happen. Tom, I'd

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Speaker 3: like to see a trigger coming out of Europe.

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Speaker 2: It really folds into travel for Americans. We had a

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Speaker 2: free lunch with someone say of a strong dollar week

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Speaker 2: euro advantaging our travel across the ocean, and frankly weaker

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Speaker 2: sterling as well. That's changing. It's been a what nine

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Speaker 2: percent move or so in weeker dollar you see a

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Speaker 2: double of that has already alluded to. Wow, that makes

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Speaker 2: the travel different. Tony Cascenzi whe there's some pemical expert

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Speaker 2: and short term paper just riveting today on what long

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Speaker 2: duration actually means. Tony Cascenzi on the American economy.

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Speaker 4: All we have to look at is how fast can

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Speaker 4: the economy grow? How fast is it growing? And that

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Speaker 4: that suggests a growth recession, not an outright session, which

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Speaker 4: is defined as a contraction in GDP, which was seen

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Speaker 4: in the first quarter of the year. But what if

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Speaker 4: the economy grows at one percent sort of prim coup

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Speaker 4: projection in that zone and consensus for the next year

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Speaker 4: the Fed says it can grow according to the Summary

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Speaker 4: of Economic Projections about one point seven percent, because that's

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Speaker 4: the combination of the people and how productive they are.

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Speaker 4: Point three percent increase in people one air percent increase

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Speaker 4: in productivity. If we grow one percent, a company will say, hmm,

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Speaker 4: I can I can handle about an increase of about

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Speaker 4: two percent in a demand for goods and services. It's

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Speaker 4: only one should I slow hiring and spending. That depends

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Speaker 4: on the sentiment that exists at that time. They could

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Speaker 4: either say yes, I'm going to cut back, I'm really nervous,

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Speaker 4: or it's short term, don't worry about and keep the

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Speaker 4: game going.

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Speaker 2: Tony Casi there, he said in the conversation. The seven

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Speaker 2: year is about out to what the FED can adjust,

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Speaker 2: can amend, can change. He also said that the five

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Speaker 2: year elasticity, the dynamics of the five year yield is

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Speaker 2: probably more informative than the ten year of the media,

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Speaker 2: including me, we spend time focused on that ten year maturity.

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Speaker 2: Tony Cscenzi brings it into five and seven years. We

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Speaker 2: are on podcasts at Apple Podcasts, Spotify as well many

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Speaker 2: others on YouTube podcasts. This is single best idea