When you get your news from Bloomberg, you don't just get the story. You get the story behind the story.

How your Evie's battery may not be as green as it seems.

Why a decrease in global birth rates could send countries scrambling to increase immigration.

You get context.

And context changes how you see things, how you change things, because context changes everything. Go to Bloomberg

dot com to get context.

This is a

is Bloomberg surveillance. It feels like the Fed believes that they're going to keep rates down here

to stimulate more business investment.

What we'll see is a much longer workout process of this excessive debt

and a much slower growth cycle in emerging market countries.

The most influential factor in a purchase is still the store.

There's a myth that stores are dying.

It's not stores that are dying.

It's the middle class.

Bloomberg surveillance,

your link to the world of economics, finance, and investment on Bloomberg Radio.

Good morning, I'm Michael McKee, along with Tom Keene. It is 7 AM on Wall Street.

It is noon in London where Her Majesty is celebrating her 90th birthday. is crumpets in her honor. It's 1 PM in Frankfurt where the ECB is meeting their

latest decision in about 45 minutes. We will of course carry Mario Draghi's

news conference for you 830 Wall Street Times if he hints at any additional action.

Ahead of the meeting Europe is lower the US marginally higher the stock 600 right

...