bob doll's decision to come out and say cruz would be worse than trump. boll doll has ai ishistory in i. they want to beat and kill ted cruz here in iowa because they believe if he doesn't win here and they have polling to back it up they think trump will be stronger in the south and cruz will not be able to rebound in the march primaries. they have made this calculations but most have made this calculations they believe both trump and cruz would be harmful to the party in the general election but think if it's trump, it's one cycle. they wash their hands of him and he's gone. he will blame the establishment and try to run again. this strategy, bob doll has a history here in iowa and the iowa senator came out today remember it was governor branstad, they hope it destroys his campaign. >> jeff, you've been following clinton and sanders this week neck and neck in the poll there is in iowa. clinton really pushing the electability. how is that resinating with voters? >> anderson, it reminds me so much of eight years ago. she in the final days of that campaign

scarlet:scarlet: bob doll is stg with us. as we head to break, a quick check on whether four days of losses extend to a fifth day. it depends on how the asian markets open. asian markets for to open. crude oil dropped to $32.10 today. a 12 year low for nymex crude. scarlet: welcome back to a special edition of "bloomberg markets." let's recap what happened today. joe, help me out. the s&p 500 closing out its worst four day start to a year ever. the dow industrials losing almost 400 points. the nasdaq losing three point. -- 3%. joe: these big tech stocks everybody loves last year, all of a sudden, they hate them. the gold miner stocks which people could not dump fast enough people are starting to buy. quite a reversal. scarlet: what has been consistent is china. it was obviously a big factor today. asian markets are opening in just a few hours. here is what some of the biggest names on wall street told us today. china is predicted to be down 5% or 6%. >> tighten the seatbelt because tomorrow is going to be a volatile day in ch

follow us on twitter@cnbcwex. >> here to discuss that is bob doll. you were so optimistic for 2016.y starting on a weak note. you heard our twitter results. does that make your change your mind about the year? >> our official forecast as our predictions suggest we have a single digit return for the equity market. we didn't specify if there was a plus or minus sign in front of that number. so think we'll enter bear market territory but the only way we can avoid that is if the price of oil stops going down and the dollar stops going up because two those two things were the cause of the decline in earnings expectations all year last year giving us a flat year rather than the up year many of us forecasted. oil price versus to grab hold alt some point otherwise the credit issues will rise to the fore. >> a bit of reaction in gold. a bit of reaction in u.s. treasuries though the vast majority of the moves, the risk off moves this year. >> been in equity markets solely. what does that tell you? >> first of all, technically the fact that the seller that's bigger than usual. foreign wealth f

god bless bob doll but i don't think he really matters. >> does sarah palin matter? >> i think sarah palin matters to a certain degree in iowa this was a great stunt by donald trump. we are talking about this. it is put ted cruz, his message out of the data day messaging. we're talking about palin. not talking about cruz, and you're right, amanda, i was on the convention floor in 2008 when she deliver that speech. >> such a great moment. >> fantastic speech and people were inspired. i don't know who that was last night. i mean, the sarah palin of today is someone that i think is more problematic than people realize. >> how so? >> just look at the speech was all over the place. she's more of an entertainer now. she was shrill the whole time. it was almost tough to listen to. i almost felt embarrassed for her. >> there was a series of yelps. >> do you think she's rusty? >> i think a combination of not only being rusty but recognized she has gone into the entertainment aspect of things. she's a conservative entertainme entertainment. she went from reality shows to what

jim, you're the one that runs assets like bob doll. what do you expect?o you advise your clients to do? >> i don't think today is about a policy change. i think they'll keep the policy rate unchanged. but i do think that today we're going to get the -- the answer to a very, very valuable question, which is what do these asset prices mean to the fed. how is that going to impact their policy reaction function? what does this mean in terms of the march meeting? these are the questions that we need to know and i think we're going to get the answers to this somewhat or going to get a glean into the answer -- >> it seems like, and i know melissa made the point, the market set itself up for some expectation by shifting all those assets that we just showed to our viewers. what do you want to see? >> well, what i like to see is some clarity in the fed recognizing that there has been a significant tightening of financial conditions. what i would like to see is this expectation for four rate hikes by the fed to be taken down. i don't know that we're going to get tha

bob doll, thank you.d to see you in person. >> the world bank is cutting its growth forecast for the third straight year. ahead, forecasting, will join us next on cnbc. >> are stocks becoming a bargain? if not, when they will be cheap? there is more "squawk on the street" coming right up. >>> welcome back to squawk object the street. tech stocks are one of the selloff leaders so far today. the sector was down as much as 2%. weighing on the sector, shares of invidia and paychex and oeullet packard and yahoo!. the biggest sector weighing the most. >> only 148 after futures to a 400-point decline before the open. >>> the world bank cutting its forecast for global growth. it sees souring prospects on the world's largest markets. joining us now, ian kohaks. it does feel like a perfect storm leading us to 2.9% global growth which is somewhat pathetic. the sixth year we are about he low growth. what is the likelihood of a global recession? >> we don't envision a global recession. we had only four of them since 1

a total hypocrite and an interview just published in the new york times, former senator bob doll said republican party than donald trump. were he to win the nomination, doll says it would be a disaster for republicans. this kind of criticism, how much does it hurt ted cruz? >> well, senator doll might want to call his office. the establishment, if you haven't noticed is consolidating around donald trump. you can see that in your poll in new hampshire. the establishment picked donald trump. why? because the establishment in washington, the deal makers know they donald trump will make a deal. he'll play ball with them. he'll keep them all in power. he'll keep the gravy train rolling. that's what is going on now and your poll proves it. >> bob doll said i don't know how he's going to deal with congress referring to senator cruz. nobody likes him. if he's elected president, you got to make deals. that's the way washington works, right? >> you make deals with the american people. you say what does the american people want to do and the american people put pressure on washington. listen, wh

more solidified in the first place slot as a lot of the standards are saying good things about him, bob doll, for example, says trump is a guy you can work with. eric eriksson did, so a lot of people are edging their bet on donald trump, now, but you know a rhetorical candidate, very hard to junk been free things for everybody, going to clamp down on evil cooperations some of it is silly, but it is part of the campaign landscape, i think that the reality is that prison has come to washington, d.c., he shook up the status quo, he just would not let go on became care. what they have traditionally done is speak their piece, and then go along with their own thing. they want action, so i think a lot of people fear cruz because they can't control him. >> a few weeks ago he was leading in iowa and now a new poll released today shows that trump's lead is growing and marco rubio at 14%, other republicans in single digits we are fold that ted cruz was ahead, because he led we van jell calls, but his ethanol, is that the big issue that really mattered? i think eethanol is a big factor in iowa. what i k

listen to what bob doll said about your candidate.ink ted is the republican. he's a conservative extremists. he doesn't get along with anybody in the senate or 54 republicans and none are supporting him. >> doesn't he have a point in saying none of his colleagues are supporting him? >> bob dole is an honorable man, a war hero and served honorably and we respect bob dole but i disagree. the whole point of washington, the reason they say that ted cruz doesn't get along with washington, which it's actually the opposite. if you look at the quotes there is people in washington that call ted cruz names. you can't find a quote. they are upset because he went to washington and didn't drink the kool-aid and not there to get invited to the cocktail parties. he's there to do what he said he'd do and that's what you can count on as ted cruz going to washington as president of the united states. he would lead the country with a vision to right the ship and what happens in a constitution republic, if you get people on board, they will put pressure

there seems to be an uptick in prominent republicans, bob doll criticizing donald trump. sorry, criticizing ted cruz. a lot of people quoting "the new york times", as well. donald trump spoke about the fact there are people saying he's a better option than ted cruz. listen. >> cruz is going down. he's going down. no, he's having a hard time. he looks like a nervous wreck. he's going down. he had his moment. he had his moment. he had his moment and he blew it. here is a united states senator, republican, doesn't have support of one other republican senator. there is something wrong there and i can tell you they like me, those guys, and there is nothing wrong with that, folks. we got to make deals. >> dana, you have spoken to ted cruz about this issue a lot. about the issue that he isn't seen as widely liked on capitol hill among senators but you also know, we both know from talking to the campaign, they see this a little differently. >> well, they are trying to wear it as a badge of honor and a big part of his stump speech and trying to appeal to voters. i was on the groun

so we were able-- to-- and bob doll, in fact won. >> that is why 5:30 we will be looking for you, ann, what comes to mind? >> you know, like you said, i own the baseball team, opening day is 7th. good tickets are still available. so as you always know, the politicking starts way before the caucus nights. and so almost everybody ends up down at the ball park one reason or another. and so it's interesting to talk to them down there. miesh el bachmann comes up to the press box and she looks out. and she looks at me and she says your lawn is beautiful. most people don't call a baseball field a lawn. that was sort of unusual. and then early on the senator from south carolina who looked like you. >> frits holding. >> said to me one day, we had a cup of coffee early one saturday morning. we walked out and he put his arm around me. he said are you a big man in now. i said no really. he said let me ask you a question, what is that, senator. >> you have seen a lot of politicians come through. >> yes. >> has every single one of them promised you a parking ramp? >> i will say the iowa cubs play a

can you guess who this is, all dolled up, looking like beyonce? >> it is not bob kelly. >> some good hair though. >> and some decent moves. ok, so the government crashed-tested the f-150. the one with the high-strength military-grade, aluminum-alloy body bolted to a high-strength steel frame. and guess what? it made the strongest statement any truck can make. it pulled a 5-star safety rating... on all sides... for every cab configuration. 'cuz when they say military-grade, they mean: "battle tested." this is the ford f-150. and every other truck is history. >>> okay. sixty-nine years old today, including elvis pressly, r kelly, shirley bassy is 79. david bowie, come on man, 69. >> would you know. >> philadelphia a school officials a say this week infusion of cash from harrisburg will keep their doors open deeper in the school year. >> but district money wows remains. so, some schools in the city are getting creative. bruce gordon shows us how outside help is breeding hope. >> all of the the staff. >> reporter: they were hanged out awards on this day to top perform

bob larsen. larsen says that the exterior of being worked on to get completed, but wants customers s come hungry becausushe want to havavyou leave ll. open seven days a week. still to come... a doll with a long history is getting a makeover a longtime in the making. details up ahead. pleasant friday, 40s for the weekend and a snow storm possible on tuesday. details next. look toy maker in all shapes and variety of skin tones. in an effort to get the dolls to look a little closer to reality. melinda davenport gives us a sneak peak. " we're here at the creek where the look of barbie is changing as we know of the popular will change the look three new bodydy also come in seven skin tones, 22 eye colors and 24 styles. the toy company says they'll still sell the original barbies, but for years, the doll has been criticized for being unrealistic in terms of representation of the woman's body. so the store shelves will look like this for a little bit the new barbie's will start to be sold on march 1 . " gorgeous day 2 line super: fred hexom fhexom@kcautv.c om highs today in the 40s, top 10 day for winter. nice night on the sky cam. 39 our high, and our morning low well above normal. tem

bob halloran. >> when you see the hits tom brady took, the 300-pound man ambivalent to the destruction he caused rolling over brady's ankle and he is con torting in ways only a gum -- gumby doll the mri does not lie. brady gets away with a sprain and he has two weeks to recover. he took the hit and was taped up and stayed in the game. afterwards he admitted that he was pretty sore. today he he said i've had worse injuries before. no biggie. >> i'm doing all right. i'm doing all right. we will see how this week goes. there will be some treatment and as always a lot of guys are banged up. it is part of football season. i will just work hard to get the right treatment and i have always dealt with injury. i am confident that i know how to deal with injuries. i will try to go and believe me there is -- i will be doing everything i can to be out there. there is nothing else in my life that is a priority at this point other than getting to feel like i'm 100%. >> so it is a good thing the patriots got the first round of the patriots two weeks to heal. they will host either cincinnati, houston or kansas city on sunday, saturday, january 16th. bad coaching or just bad luck may explain

dolls from the '90's? anna kendrick, justin timberlake, russell brand, and james corden lending their the film will be released november 4. >> now sportscenter 5 with bob halloran. bob: celtics sure are playing good basketball against bad teams. the c's have won five in a row and eight of their last ten. of those eight wins seven have come under sub 500 teams. it's almost like they're a boxer picking easy opponents to pad their record. look, there's floyd may weather fancy that. floyd is friends with thomas. jarryd sullinger leading the way early. nine of his 11 points coming in the first quarter. here's an alley-oop to johnson. figures last night. he had five. thomas racing to beat the buzz orment gives the celtics an eight-point lead at the half. then it is evan turner racing to beat the buzzer. he floats one home at the third celtics' bench outscores the starters 56-51. they outscore orlando 113-94. contract's tied with atlanta. megan kahn playing in her first lpga tour event is tied for the lead. kahn shot five under in the opening round of the pure silk bahamas lbga classic. that's sports. have a great day. doug: got a little motivation for you he

bob be-- alibaba beating the in the street big way. plus we'll look into another etail giant amazon and then barbie. barbie getting a big makeover. we'll show you how mattel is changing its iconic dollsquawk box" everyone. the futures this morning at this point, well it looks like the dow futures are just below fair value about ten points bloe. s&p up 1.5. check out shares of harley david "sopranos". company's earnings topping estimates. although the motorcycle maker saw weaker demands in the united states which is its biggest market. stocks are up. >>> check this out. mattel is transforming its iconic barbie with, i don't know if i would say new body shapes but skin tones and hair. they are make being a tall barbie, a petite barbie, a short barbie and then a curvy version of the best selling doll. all will be sold alongside the original model of barbie. the new body shapes follow the addition of new skin tones and hair texture, that's from last year. new barbies are making their debut on this week's cover of "time" magazine. they will be sold online starting today. will hit shelves and retail stores later this year. i think when we talk about how hasboro has suddenly been better th