With Bloomberg you get the story behind the story, the story behind the global birth rate,

behind your EV batteries environmental impact, behind sand. Yeah, sand, you get context.

And context changes everything. Go to Bloomberg.com to get context.

This is Bloomberg surveillance. You can think of cash as effectively a very, very short duration asset.

The problem is right now. It's not very attractive.

What change does the U.S. need more than anything else economically?

I would argue tax reform.

A pretty poor way to judge the strength or lack thereof of a once vibrant American economy

and say we're doing better than Japan or Europe, which you're not growing at all.

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

Good morning everyone, Michael McKee and Tom Keene.

In this hour, a conversation with the 23rd Prime Minister of Canada, Justin Trudeau.

Of course with the heritage of the family across all of Canada, Trudeau, with degrees from McGill and from the University of British Columbia, including working and studying in engineering and environmental geography,

the Prime Minister has made a significant splash across all of

international politics and economics as well. John Mikkelweh will have that

interview for us here in a moment.

Bloomer surveillance in a 4X brief that will be calmer than it would have been an hour and a half ago.

The 4X brief is always brought you by Interactive Brokers and we thank them for their support.

Dollar Yenn 11169, that's a stronger Yenn but nothing like it was an hour and a half ago where it was a

solid 110 we've come back to 11168 euro 11303 in the emerging market currencies and clearly Looney, which is not an emerging market,

but with the commodity challenges of Canada. Canada was a 129 handle. That's remarkable coming down from 140 and right now excuse me the

loony Michael McKee 130 16 as well so there is our foreign exchange report this morning.

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