paul cowen, let's talk john bolton.lton comes up with a couple of times here in this testimony who was the former national security adviser. september 28th, 2019, it was suggested john bolton write a cable to secretary pompeo about president trump's hold on aid to ukraine to get attention back there. it is so clear that the texts between sondland and taylor, it was against everything in him to understand why the u.s. was withholding these $400 million. and what about john bolton is so key in all of this? i thi . >> i think john builton in conservative circles was considered conservative and it's clear that bolton thought this was a severe violation of established protocol in negotiations with a foreign country, that it would be bad for the united states. and what struck me about his involvement, it's like the involvement of every diplomate around the ukraine issue. they're all stunned that the president is threatening the president of ukraine that $400 million in aid is going to be cut off unless he agrees to investigat

cowen was one of the first to build out for cannabis.me a bit about why you are such a pioneer. >> a lot of it started with the research team that we have here and the great partnership that the research team developed with our banking team and distribution team. we felt there was an opportunity to articulate a business case for the entire industry and i think in the united states, i think we get conflated between the regulatory firemen tear and the cannabis globally. -- revelatory environment and the -- regulatory environment and the cannabis globally. particularlyo be in a case with consumer, medical -- it is going to be a huge driver for esg, and already is. we need to be in a position where we can articulate that to that are investors can figure out how to make money on it. kristine: a lot of other banks have said we are not going to touch the space until something changes with legislation whether the safe banking act or full, federal legalization. how do you balance your work with in this space with the fact that it is a drug would

as a full member nothing short of a full member mr cowen let's just look briefly in the time we have left at the purges the people who were after the coup attempt in 26 i think i would answer the people who were fired from their jobs many thousands of them had to be cleared later on. because the charges against them were nonsense weren't they thousands of people who were falsely implicated in the coup attempt had to be installed because the allegations against the were false not that they had the chance to defend themselves before they were fired this is lie from the your a k p in the are we are getting you have no i don't there isn't your light or the western side of berlin right now does it matter what on the eastern side you know how many people were fired from their jobs when the unification happened we're not talking about germany i'm not talking about you have to say i know you don't want to talk about this you have to be needed in france that irish thing you know any country about your own issues you want to provide the context when it comes to turkey you deny me the right to

and joining me in studio is clifford cowen and he's reported extensively in the region not clifford hong kong citizens of course they've been protesting for months this is really their 1st opportunity though to have a direct say in the direction of the city i mean just could this election be a turning point for hong kong i think it definitely could i think you mentioned in your introduction earlier about how historic moment this is and i think as we're seeing the results come in it's just showing up there is huge support for having their voices heard in hong kong i think even regardless of what side you know the that this is an indication that hong kong people want to want to speak their minds and they want to be heard we've had no we've had there been no incidents today there's been incredible discipline in the way that the elections has just taken place without any without any tear gas as you say so i think that it's a real definitely of historic moment now just walk us through this again because this particular election when people are elected in these local district races what sort o

joining me now in studio is clifford cowen in his board extensively in the region now 1st of all i just want to get your reaction when we heard 90 of the 1st 100 seats declared at dawn to pro-democracy candidates what do you think about that that's a wave that's that's that's big you know this is a massive massive move some key constituencies we don't know yet some areas but it's looking like it's a major victory for the pro-democracy side some people are still a bit anxious they're saying that maybe there will be a swing later on but realistically it's very hard to see how that could happen it's certainly a massive gesture in terms of the pro-democracy count maybe not so surprising given how big that turnout was now citizens they've been protesting for months this though is their 1st opportunity to really have a direct say in terms of the direction of the city is this election do you think maybe a turning point for all i think so i mean there's long been a feeling in hong kong among the people that they never been asked themselves about what they think and this was in many ways the 1st

thank you too can one -- thank you to cowen senior research analyst vivien azer.clusive interview with the ceo of waste and water facility suez. this is bloomberg. ♪ ♪ guy: from london, i'm guy johnson. vonnie: from new york, i'm vonnie quinn. this is "bloomberg markets." where moments away from fed chair jay powell's testimony to the joint economic committee. we will bring that to you live on bloomberg television. we are also keeping our eyes on in impeachment hearings washington, d.c. the ceo of french waste and water utility suez defended the company's long-term plans and confirmed possible asset disposals, all while giving some ideas on the emergency that is reaching globalization. birch and camus spoke expose of -- bertrand spoke exclusively to bloomberg tv. position weide, we activities, geographies where we can create value for all of our stakeholders, including our shareholders. ,t is a kind of transformation and this will be done at a very sustained pace as we have been making very strong commitments 2021king down reserves by and 500 million euro of free

in paradise, california, claudia cowen, fox news.lian: the federal government issued a major warning about the 2020 election. turns out, a lot of the security threats we saw back in 2016 are still around, some of them are poised to be even worse. saturdays happen. pain happens. aleve it. aleve is proven stronger and longer on pain than tylenol. when pain happens, aleve it. all day strong. that's ensure max protein, with high protein and 1 gram sugar. it's a sit-up, banana! bend at the waist! i'm tryin'! keep it up. you'll get there. whoa-hoa-hoa! 30 grams of protein, and one gram of sugar. ensure max protein. leland: bernie sanders out on the trail this weekend with part of the squad as he faces new questions about electability and whether elizabeth warren might be the best progressive candidate to take on president trump. christina coleman in our west coast newsroom with his argument. hi, christina. >> reporter: hi, leland. bernie and aoc are bees in iowa today -- busy in iowa today. bernie is campaigning on medicare for all and his

here in the fight against isis in mosul along how many civilians have been killed in our operation mr cowen you don't have a great record on investigating human rights violations do you so why should things be different now if in 2016 the un committee against torture cited credible reports of turkish more enforcement officials in gauging in torture and ill treatment of detainees the committee said it was concerned at the reported impunity enjoyed by those who committed such acts impunity doesn't suggest you are doing much investigation into those things does that we have a 0 tolerance policy towards torture we have in fact clear our prisons our judicial system for torture we've had this in the past but what you're referring to is what happened right after the bloody coup attempt on july 15th 2016 when the fetter terrorists carried out a quit in turkey killing 251 people a dozen wizened suter tortured people i didn't say there is torture i'm not saying this to justify i'm referring to those who made those claims who were actually behind this quick temper killing 251 people injuring about 120

cowen raising the price target for the stock.ixed bag of retailers, it might be showing the business coming down to individual execution with nordstrom outperforming. you can find this chart by running gtv on your terminal. dry, itnday -- romaine: is monday. -- guy, it is monday. i hope you brought your a game. guy: i always have my a game. resistance is futile when it comes to bitcoin. i want to take you back to the middle of the year. this is the high that was hit. trade fears were rampant. bitcoin has been declining through key points. we have been through the 50 moving average, we have been through the hundred day moving average. now we've gone through the 200 day moving average as well. lines in the sand when it comes to the technician point of view of what is happening. it all happened so easily. the question is what is going on? the latest down move seems to been driven by what is happening in china. regulators stating a toughing line when it comes to the operators of the bitcoin services they have in that country. th

. >>> better, faster, stronger that is how cowen is describing one of their ideas for next year, raising the price target to 970, another 20% of up side from here, my friends. joining us is andrew charles, covering the restaurant space. i guess the first question is, isthe consumer trysting chipotle after a couple health scares >> thanks, brian, for having me. the consumer is trusting which i policy lay more. i think it's because they have done the right things to regain truth. i think that will help in my view the fact they are focusing on digital, pushing people down that venue is the right thing to be doing >> they have something they're coming out with called the chipot-lane. they're placen a lot of optimism on it. why is just driving a car to grab your taco going to change their business >> you know, it's a well-done reinvention that's game changing this is going to be something with a new access point with the consumers, with a third-party courier. i think it's something that enhances convenience more importantly really drives up side to chipotle's cash on cash returns typically th

cowen is leading the global and domestic research is we just concluded the manager interviews yesterday. they expect to bring a decision in december. >> can i ask a question about stable value. you said it's only available through dc plans? >> that's correct. >> and if we were to look out in the market in franklin templeton or whatever, we won't see a stable value fund out there for the average consumer? >> no, not for retail, no. >> what about institutional? >> institutional is not retail, but yes through other institutional plans and franklin templeton offers stable plans through other lanes and let's just say apple has their own 401 k and they could have that as a manager. >> i got it, thank you. >> sure. and in addition, future portfolios launched in september and nearly 5,000 participants invested thus far. for those not familiar with future ready, they're similar to targeted funds. they're designed according to your date of birth. whereas future ready can be customerrizedcustomized to risk preference. someone older may prefer a ris different strategy. millennials are conservative

cowen is leading the global and domestic research is we just concluded the manager interviews yesterday. they expect to bring a decision in december. >> can i ask a question about stable value. you said it's only available through dc plans? >> that's correct. >> and if we were to look out in the market in franklin templeton or whatever, we won't see a stable value fund out there for the average consumer? >> no, not for retail, no. >> what about institutional?

. >> and begun, the streaming wars have that's according to cowen's latest note. firm says the growing battle in linear could be, quote, another 30 years war due to younger demographics leading to a shift in consumer practice cowen expects netflix to maintain leadership due to its depth of content compared to emerging competitors we talk about the streaming wars every day, josh. how do you see it? >> whoever has baby yoda is going to win this thing, so -- >> shania twain. >> it's funny we're going to unbundle and subscribe to nine of these streaming services and somebody will find a way to smoosh them all back together and we'll pay that so it will look like cable but it won't quite be cable cable stocks have been on fire all year because, of course, what's going on is people want the pike, the wifi they're paying up for that 5g is coming and so there are many ways to win a lot of people thought the cutting cord thing would be a death sentence but look at charter communications, one of the best stocks i've ever seen in my life and, of course, comcast parent compan

he was making this point, paul cowen. essentially what michael cohen was saying, and this goes back to my question, well, we don't have it on paper that it came from trump. donald trump speaks in code, according to michael cohen. so he doesn't say go bribe those people because i want the building. i want that building. we can make it happen, wink, wink. bureaucracy doesn't understand, but giuliani does. >> we call that circumstantial evidence. you have direct evidence where directly someone says something. in the event that i came in and spoke with brooke baldwin, it was dry outside but when i came back, there were puddles everywhere. i didn't see it raining, but guess what? there was a storm going on out there when i was in here. you look at the evidence and information. it doesn't matter what you say, it matters what the circumstances show and boy, does it show an awful lot. and people understand those nonverbal cues. it gets transmitted through the bureaucracy. i saw "the irishman" last night. it is full of them saying

security cowens the number ofary strikes have dropped dramatically in the past two weeks. martin griffith said the reduction of violence could pave an end -- an end -- pave the way to an end of the conflict. >> u.n. has described yemen as the country with the worst humanitarian situation on earth. the regular security council meeting the first positive news for months. >> in the last two weeks, the rate of that war has dramatically reduced. there were reportedly almost 80% fewer air strikes nationwide than in the two weeks prior. and i realize these are short periods. but nonetheless, it is striking. and in recent weeks, there have been entire 48-hour periods without air strikes at all. the first time since the conflict began. we call this de-escalation. a reduction in the tempo of the war. and perhaps we hope a move toward an overall cease-fire in yemen. doug: the current president of the u.n. security council had this reaction. >> there was lots of interest in de-escalation in yemen. and then the council once again reaffirmed its very strong support for marching griffith

claudia cowen has the latest.e gathered for the opening of a new recovery center while 85 american flags line the main drag behind me. together they form a pretty dramatic memorial to the 85 people who per shalled in the camp fire one year ago. 90% of the city of paradise burned to the ground. just unimaginable loss. but the resilience, just as incredible as the town literally rises from the ashes, one house, one business at a time. >> we have over 200 businesses that have reopened in the last year, and before that, i want to say we had maybe close to 2,000. so it's not a huge percentage but it does show a commitment and a resiliency for our town. reporter: of the 11,000 homes that were lost, nine have been replaced. may not sound like a lot but it often takes a year to build a house in the best of circumstances, and here they are dealing with cleaning up debris, getting permits and finding contractors. upgrades in town will eventually include underground power lines and a sewer system they have been trying to get