carol: this is bloomberg businessweek. ♪ carol: welcome back. i'm carol massar.on: i'm jason kelly. joint is every day on the radio. also, catch up on our daily show. listen and subscribe to our podcast. carol: you can find us online at businessweek.com and our mobile app. in the finance section, a story on the me too movement in wall street. jason: they've been following this story closely throughout the course of the year. this piece is a sobering article on how the finance industry still doesn't quite get it. carol: here's more. max: sometimes we look at each other. where is me too in the financial services industry? we know from years of chronicling hedge funds and banks and private equity and asset management that wall street, like other industries, including journalism, has profound imbalances, and women quietly say they're harassed and are discriminated against and they fear retribution. but we haven't seen that moment of change. and what this piece is about is this sort of system, this machine of silence that explains why. carol: i do think after me too i

carol: i'm carol massar. can also listen to us on the 119, on sirius xm channel 106.1 in boston. jason: amn 60 in the bay area. in london on a dab digital and through the bloomberg business app. carol: the repo market makes eyes glaze over, others turn away from you at a cocktail party, but it's an important one. jason: we needed to make sense out of it. there was a story online this week, we called on we called on joe weisenthal, markets editor, markets guru. we have him on our show every day. he gave us a metaphor you are going to remember. check it out. joe: the repo market is essentially how various entities, whether it's a bank, whether it's a hedge fund, money fund, how they finance themselves on an overnight basis. nobody wants to hold cash because cash doesn't really earn anything and people want to be maximizing their profits. so what they do when they need liquidity's they borrow it overnight, and they might pay collateral like mortgage bonds, to make the cash bills that they need to pay so they can

carol: and i am carol massar.berg businessweek" every day on the radio starting at 2:00 p.m. wall street time. you can also catch up on our daily show by listening to our podcast. find that at apple podcasts, soundcloud, bloomberg.com, everywhere where find your podcasts. jason: you can also find us online at businessweek.com, and our mobile app. total ubiquity. carol: we are everywhere. we want to get back to the bloomberg 50 red carpet. jason: after a trip to bangkok, zilingo ceo ankiti bose, she started a direct-to-consumer fashion marketplace. such a cool company. carol: and her story is pretty remarkable. that went on to become a lot more. ankiti: so, you know, everybody wears clothes. jason: true. ankiti: the fashion industry, the balance sheet is almost 5% of global gdp, so it is huge. but despite that, very little digitization, very little technology has really touched the entire industry. carol: which is remarkable. ankiti: which is remarkable, exactly. so unlike pharmaceuticals, industrials, the way your

carol: i'm carol massar. join bloomberg on the radio. also catch up by listening to our podcast at apple podcast, wherever you find your podcast. jason: you can also find us on businessweek.com. carol: as far as human rights and the environment are concerned, smartphones are a nightmare. jason: not to mention difficult to repair and recycle. i'm scared of opening that up, that is unless you're a company in amsterdam that figured out how to fix that with the fair phone. carol: checking that out is stephan in berlin. stefan: it is the sustainable answer to all the other smartphones out there. smartphones in general are pretty bad when it comes to sustainability. they are built in questionable environments, using metals and minerals mined in war zones, and it's basically impossible to recycle them or repair them, meaning they'll often get tossed. that's not a good thing. carol: i'm thinking in this moment and movement, where folks are looking for greener solutions to everything, i'm curious why this hasn't happened sooner or taken off more.

jim knapp, carol's boarder. the man who had been living in the guest house. >> i can't remember the month i moved in. >> reporter: and jim knapp had a lot to say about carol, but he didn't stop there. >>> coming up -- >> it was certainly a gruesome scene. >> blood drops. shoe prints. the clues tell a story. >> so that tells you something about how she died? >> she certainly died a violent death. >> and the man in the guest cottage has a story too. >> it's just my take. >> when "date line" continues. if you see wires down, treat them all as if they are hot and energized. stay away from any downed wire, call 911 and call pg&e right after so we can both respond out and keep the public safe. >>> a man suspected of stabbing at least five people during a hanukkah celebration in muncy, new york, was found in manhattan and is in custody. the attack happened at a rabbi's home where the group gathered on the seventh night of hanukkah. a rockland county legislator said he was not surprised by the attack. >> unfortunately,

carol: they are indeed. this is bloomberg businessweek. ♪ carol: welcome back. i'm carol massar.on: i'm jason kelly. catch up on our daily show through our podcast. you can get that on apple podcast, soundcloud, or bloomberg.com. carol: you can find us online. who wins when companies buy their own shares? it's a good question. one argument is that it is the company's executives that come out on top. jason: that's the case our economics editor is making, here with his story and this week's businessweek explainer. >> last year, s&p 500 companies it hundred a record $806 billion with of shares, 55% more than the year before. this year, on track for $740 billion, the second-most ever. one commissioner had his staff study 385 recent buybacks. they found shares rose 2.5% more than the days after buyback than otherwise expected. they also found twice as many companies had executives selling in the eight days after buyback announcement as they do on an ordinary day. the value of those sales is more than five times higher. when a company buys back shares, it signals confidence in the futu

♪ carol: welcome to "bloomberg businessweek." i'm carol massar. jason: i'm jason kelly.arol: this week, silicon valley is listening to you. jason: and taking a bite out of lululemon again. they returned to help and made a lot of money in the process. carol: and we hit the red carpet to celebrate the bloomberg 50. our annual list of those that have measurable accomplishments. jason: but first, the biggest ipo, saudi aramco. those shares surge to a market value of $2 trillion. carol: a culmination of a four-year effort from the kingdom. we are in london to talk about this. a lot of questions. now it is publicly traded and it is an ipo but it is only a small percentage, 1.5% is out there in the public in terms of the company. reporter: the ipo has not turned out the way they expected it to happen. if you remember back to 2016 when they initially announced plans for the ipo, the plan was to sell as much as 5% of the company. what we really have to look at is what is the purpose of the ipo? it is seen as a means of diversifying saudi arabia away from its oil dependent economy

carol: hi, this is carol burnett.sure to watch my first show, when my guests will be vicki lawrence, and my extra special guest, private gomer pyle himself, jim nabors. >> you haven't seen anything yet. carol: do you know who i am? >> no. carol: in that case, please continue. >> i am surely dimple. >> my name is alice fortnite. >> is that you, stella? >> good evening, your majesty. now it is time for you to show your talent. so we are -- >> [laughter] >> they accomplished in one hour more songs, more dances, more spoofs, more skits, and more comedy -- >> what's the matter with her? >> what makes you think anything is the matter? >> her mouth is not moving. that is not like her. ♪ carol: here they are. it is pretty wonderful. tim conway's first appearance is here. and my very first show with my first guest, my buddy, jim neighbors. my heroes were bob hope, bob newhart. i just can't wait to see them. [laughter] >> who is the midget? [laughter] >> that is our daughter, mildred junior. >> why didn't you tell me we had a c

♪ carol: welcome to bloomberg businessweek. i'm carol massar. jason: i'm jason kelly.arol: happy 90th. we celebrate without the magazine covered business through the decade. jason: in the headlines, owing halting production of the 737 max, that's been granted for many months. we look at what went wrong. carol: more from the bloomberg 50. our exclusive interview with beyond meet founder, ethan brown. jason: first up, the top political story, impeachment. carol: congress will ring in the new year with partisanship and division. this time, in the form of the senate impeachment trial of president trump. let's get the job screen with more on that -- josh green with more on that. you have a fascinating story that talks about how, with everything going on, this could benefit joe biden. josh: as we look ahead to january and the beginning of the 2020 election voting, one of the big questions everybody and washington has is what affect his impeachment going to have on the democratic field? this takes a look at joe biden and his situation. one of the ironies of the impeachment tr

carol: and i'm carol massar.an also listen to us on the radio on siriux xm, channel 119. and on a.m. 1130 in new york, 106.1 in boston, 99.1 f.m. in washington, d.c. jason: a.m. 960 in the bay area. in london on dab digital, and through the bloomberg business app. it is not your grandfather's or your father's wall street. charles schwab agreed to by td ameritrade. it is a deal that will reshape the brokerage business. carol: it is a big one. and that is not the only move. td ameritrade and some wall street firms, they are looking into sports gambling as legalization spreads. let's get more from annie massa. annie: wall street firms are dipping their toes in the water of sports betting. it is an interesting time because a federal ban on sports betting was lifted last year, and you are starting to see about 13 states legalizing the practice, with more potentially to come. you have a couple different firms looking for ways in. carol: i think about many conversations we had with our sports team about this. they were

carol's picture in hand. torrence police department opened a file but they couldn't answer any of the questions. she just finally gotten fed up with mike and this little place and gone off to start a new life somewhere else, or had she been in an accident or something worse? more than a week after carol disappeared, there was still absolutely no sign of her, and then something strange happened here at the house. something very strange. could it be that carol unbeannounced to anyone sneaked back in here when nobody else was around. imagine what it was hike back then in that little house. mike thinking things over. on a hunch he said he placed tape on her dresser drawers. a little trap. one day he took the kids to universal studios and sure enough when they returned he noticed the tape was broken and some mail on the counter was moved as well. a few weeks later, it happened again. some of carol's clothes went missing along with some money from a place no burglar would know to look. under the butter dish in the

at one point, even introducing carol as his business partner. so was he obsessed with carol?is behavior with this former girlfriend when she tried to break up with him certainly seemed obsessive to her, she said he wouldn't leave her alone. kept sending her e-mails. >> i'm wondering what was this man capable of. was he going to come up and stalk? was he going to do something mean? was he going to hurt me or hurt my family? i felt threatened is what it felt like. and i was scared. >> reporter: more defense questions? how did jim knapp's fingerprints wind up on those financial documents that were printed the day of the murder and found slipped inside a magazine sitting on carol's kitchen counter? and how did knapp's dna get mixed with carol's blood in a sample taken from a doorknob, leaving the house? that was evidence item #805. they called a dna expert. >> so you can see that all the way across that top line the numbers are the same as james knapp and there are many points of difference with steve democker. of these analyses, james knapp matches each one of these, and steve d

[applause] carol: well, hello, i'm carol burnett.rst time ever. >> time life presents the carol burnett show, the best of the best." join carol on a trip through all 11 legendary years as she revisits the classic sketches, crazy characters, outrageous costumes, and her best memories of this incredible time. >> what was i -- >> bravo, madam. stop. [laughter] [applause] >> i am so sorry. >> it is all right. >> hold it, just a minute. >> i have a repair. you mean the doctor who was working on that piece of tin that you call your car, the one with the dog in it that goes -- [laughter] >> that is all i got, it goes like that. [laughter] [laughter] [laughter] >> we take her with us. [laughter] >> what, pop? [laughter] >> we take her with us. >> is she our murderer? >> no, she is your new mother. [laughter] >> and to think, i let that man touch me all these years. >> apparently not enough. [laughter] >> stella, stella, come to me baby. >> stop it, stanley, you are an animal. >> what do you want to do tonight? >> oh, i don't much care. [laug

carol: this is bloomberg. ♪ carol: welcome back to "bloomberg businessweek." i'm carol massar.ason: and i'm jason kelly. you can also catch up on our daily show i checking out our podcast. carol: and you can find us online and our mobile lab. privacy -- one of the major themes of 2019. jason: and the cover story for this week focuses on how silica and valleys biggest companies have fooled millions of people into allowing them to listen in on their stories. >> this is a big story about how these devices like amazon echo and their virtual assistant alexa or siri -- if you have these devices in your home or on your phone, this is a story about how these things work. these tech companies in silicon valley presented these topics -- presented these tools as automated. vastrns out there is a apparatus of human listeners improving the services. when voice commands are submitted to their service, they are sometimes rerouted to data centers where humans are transcribing your words to improve speech recognition. carol: there was an assumption that there is a robot listening. tell me about

[applause] carol: well, hello, i'm carol burnett.lause] carol: and now to celebrate our 50th anniversary, we can finally share the best of the best from all 11 seasons, altogether for the first time ever. announcer: time life presents the best of "the carol burnett show." join carol on a trip through all 11 legendary years as she revisits the classic sketches, crazy characters, outrageous costumes, and her best memories of this incredible time. >> how was i? >> bravo, madam. [laughter] [applause] [laughter] [applause] >> i am so sorry. >> it is all right. >> hold it just a minute. >> i have a repair. you mean the doctor who was working on that piece of tin that you call your car, the one with the dog in it that goes -- [laughter] >> it doesn't go like that -- it goes like that -- [laughter] [laughter] [laughter] [laughter] >> we take her with us. [laughter] >> what, pop? [laughter] >> we take her with us. >> is she our murderer? >> no, she is your new mother. [laughter] >> and to think, i let that man touch me all these years. >> app

i'm carol burnett. you just saw a few of my favorite moments from the carol burnett show.st of the carol burnett show." revisits the she classic sketches and her best memories of this incredible time. [laughter] [applause] >> i'm so sorry. [laughter] >> it's all right. just a minute. is workinge doctor on that thing that you called your car with the dog and it? [laughter] >> it doesn't go like that, it goes like that. [laughter] [laughter] >> what, bob? [laughter] >> we take her with us. she, our murderer? no, she our new mother. think i let the man touch me all these years. >> apparently not enough. >> stella, stella, come to me, baby. [laughter] stanley, you're an animal. >> what about this? >> i don't much care. [laughter] >> that feels even better. [laughter] >> and of course, we included some classics we all remember, like the simple green curtain that turned into an amazing bob mackie creation. i saw it in the window, and i just couldn't resist it. [applause] carol: so on this 50th anniversary of "the carol burnett show," i am going to take a tour through all 11 seas

carol: this is bloomberg. ♪ carol: welcome back to "bloomberg businessweek." i'm carol massar.ason: and i'm jason kelly. join us every day on the radio starting 2:00 p.m. wall street time. you can also catch up on our daily show by checking out our podcast. carol: and you can find us online at businessweek.com and our mobile app. privacy -- one of the major themes of 2019. jason: and the cover story for this week focuses on how silicon valley's biggest companies have fooled millions of people into allowing temporary workers to listen in on their most intimate moments. >> this is a big story about how these devices like amazon echo and their virtual assistant alexa or siri -- if you have these devices in your home or on your phone, this is a story about how these things work. these tech companies in silicon valley presented these products as automated. it turns out there is a vast apparatus of human listeners hoping to improve these services. when voice commands are submitted to their service, they are sometimes rerouted to data centers where humans are tonscribing your every wo

it's all about 5g, carol. carol: a totally is. mark: i'm mark crumpton with bloomberg's first word news. in southern australia, temperatures soaring to a blistering 108 degrees today. farther east, firefighters continue to battle brushfires. they are trying to gain more ground on the blazes before a heat wave hits that area, too. about 70 fires are burning across australia. nearly half of them are not contained. dozens of homes have been destroyed. about a dozen people injured after a nitrogen tank exploded at a beechcraft manufacturing facility out of wichita, kansas. the blast caused part of the building to collapse. because of the explosion is under investigation. rescuers resumed the search today for a tour helicopter carrying seven people that disappeared during a trip to one of the most rugged and remote coastlines of hawaii. a coast guard statement said that the helicopter company contacted the guard about 45 minutes after the aircraft was 'se back from a tour of hawaii nepali coast. the coast guard added the chopper was ca

carol: i'm carol massar.a saudi arabia and has done ap poll guilty in the murder of jamal khashoggi. he was killed that the saudi consulate in istanbul last year. will be executed for the crime and another three in prison for 24 years. turkey's foreign ministry says the convictions are on a satisfactory because they don't reveal who ordered the killing. russian president vladimir putin today inaugurated a massive railway bridge to crimea. for thethe train opening of the 1.9-mile bridge, the longest in europe. the multibillion-dollar project is intended to bolster legs between russia and crimea. it is aimed at increasing the transport of cargo and encouraging flow of tourists. russia annexed the peninsula from ukraine in 2014. french president emmanuel follow theomised to same pension rules as everyone else is not doing much to appease striking voters. he told a french paper he would give up his right to a pension for life, a privilege french presidents has had for more than 60 years. today is the 19th day of

carol: hi, this is carol burnett.ill be vicki lawrence, and my extra special guest, private gomer pyle himself, jim nabors. >> you haven't seen anything yet. carol: do you know who i am? >> no. carol: in that case, please continue. >> i am surely dimple. >> my name is alice fortnite. >> is that you, stella? >> good evening, your majesty. now it is time for you to show your talent. so we are -- >> [laughter] >> they accomplished in one hour more songs, more dances, more spoofs, more skits, and more comedy -- >> what's the matter with her? >> what makes you think anything is the matter? >> her mouth is not moving. that is not like her. ♪ carol: here they are. it is pretty wonderful. tim conway's first appearance is here. and my very first show with my first guest, my buddy, jim neighbors. my heroes were bob hope, bob newhart. i just can't wait to see them. [laughter] >> who is the midget? [laughter] >> that is our daughter, mildred junior. >> why didn't you tell me we had a child? [laughter] >> i hate you. oh, yes. i ha

carol: i am carol massar. join us on the radio starting at 2:00 p.m. eastern time.an listen to our podcast at apple podcast and bloomberg.com. jason: you can find us online at bloomberg.com an error mobile app. -- our mobile app. this is a real thing. carol: it is definitely a real thing. >> have you heard of see teading? -- sea-s many -- many -- .ini floating fortresses >> tax haven. >> that is not the biggest part of what patrick is after. >> tell us about him. steadingounded the sea institute with money from peter thiel. the conservative billionaire. carol: the silicon valley guy who is also friendly with president trump. hethis was a while before forged that relationship. when they tried to get se asteading of the ground, they thought they could set up these little island fortresses up the coast of wherever. they could let libertarian tax havens bloom. that did not go well. it attracted charges of colonialism and tax avoidance from global authorities. also, people who were not psyched to have these seasteadings pop up by their home. the private companies organiz

london. ♪ ♪ carol: i am carol massar in new york with francine lacqua in london.n letter, and still with us is gideon rose. have you joino our conversation, and i cannot believe you are ending your newsletter after so many years. dennis: 35 years and missing three days in the interim. i have tried to convince the british july 4 is a holiday and they do not believe me. carol: shocking. dennis: it is disconcerting. it is what i have done for 35 years before being a floor trader. giving it up is disconcerting. thel: i am privy to some of conversations you did with tom on bloomberg radio. the market has changed dramatically. saids: i euphemistically years ago that i used to get the china peoples mail a week later than everybody else. now everybody gets it online. carol: it is instantaneous. dennis: it is disconcerting, confusing, and elevating, because the information is there for you to handle. my job has always been, i am the sieve. i look at information and say, this is what you do with it. i am not a giver of news, i am an analyzer. carol: what do you make of that

," it's not "a christmas carol." it's charles dickens meets "a christmas carol" and we know that you're a big fan of "a hristmas carol" and i had been attached to a couple of versions already which had begun for other reasons and so -- so i said, ok, and i borrowed my son's ipad and downloaded les' book and they sent me the script and got transported to victorian christmas eve england and six months later i'm in dublin. >> what really happened was once we give barrett the script, he couldn't hear us, he was on this island, he had to hike halfway of a mountain and looking for the spot where the cell reception was good. so did you like it? did you like it? and he said, i'm in. and honestly, 48 hours later, he was on a plane to vancouver to meet dan stevens who was already attached to play dickens and that had to work, it's all about chemistry and people feeling good about working with other people, so barrett just literally jumped on the plane and went to vancouver and dan is shooting tv series and you're squeezing a m

the original big bird from "sesame street," caroll spinney.an't wait to read your book! "the wisdom of big bird." how many years you been doing big bird? you're the original big bird. >> 34 years, since "sesame street" started. >> hello, big bird. >> he was a different kind of character. he wasn't a child, he was kind of a goofy guy. hello! he had no feathers above the top of his eyes. so he didn't look there was room for much of a brain. >> kind of like this. i've got a big talent here, guys. watch yourself. every kid in america is going to be crying if you peck at big bird. >> they always go for the eyes. >> am i safe from the ostriches? boy, you never know what you're going to find here at the bronx zoo. >> hey, this is my tree, barry. >> hey, oscar the grouch! ♪ i love trash >> caroll, not only big bird, you're also oscar the grouch. >> he is? oh gosh, you're right. yeah, i am. >> how did you come up with the voice? >> well, funny. i was -- it was down to the last minute, just before the first -- the show went on the air, back in november

it takes a really long tim because of these tee clowns. >> it's carole's second t.d act. >> it's a thursd. it's cool. it's a day you wanna chill. is anyone a real doctor?us. >> today you are doctors. oh, my, god it's so exciting. >> okay. is there christmasong you guys like to sing togeth. >> a copyright free one. ♪ you see those sleigh bells ♪ santa darling hurry and just change up thry risks just so ♪ >> what is your favorite christmas tradition? >> well, my wife's family is just so like irish and ready and feel like i counter it by being like a little scroogy. >> okay. >> i don't le the way i'm painting melf. >> we don't want you to be left out. we have a christmas sweater for u. >> ah. >> scrooge. co on, scrooge. >> come on. can i get in the middle? we can do a red green. "entertainment tonight." i like it. >> y don't have any fun on set at all. >> very serious. >> now sabrina you're also a mom adorable wolfie. he's almost 2. is wolfie the legal name? >> people have a hard time with it. they're likes it wolfgang. >> i like wolfie too. >>> keltie was with anoth w

thank you, caroll. thank you, caroll, indeed.he cast of "sesame street" in attendance at yesterday's kennedy center honors wore a yellow feather pinned to their suits. you see it there in honor of their late friend and mentor. kenneth, toni. >> nice tribute. thank you, will. >>> and a california animal conservation activist is recovering after she was injured by the tigers at her park. patty perry went into their cage at the sanctuary she founded near los angeles during an event for donors. a spokesperson says she does that nearly every day. but this time the big cats got a little too playful. >> they began to play with her and the bengal took both of his paws and wrapped around her legs and she fell down. another one jumped on her and begin to pull on her before they got her out and caused some lacerations. >> luckily the guests at that event included a group up firefighters who helped perry after she escaped from the cage. she's expected to recover and get back with the tigers. >>> in sports college football's final four is all

host: carol anderson? guest: again, one of the reasons why this looks so easy is because it feels -- everybody can go, it is america, except that is not the way that it works. georgia,of, let's say georgia does have automatic voter registration. that is good. georgia also has a program called "exact match." wind exact match was being run -- when exact match was running, the courts found was a discriminatory because it privileged anglo names. the secretary of state at the time brian camp worked with legislators in the legislature to pass a law for exact match. how would works is you take your voter registration. if there is a discrepancy anywhere between what is on your voter registration card and what is on the state's fivers license database or the social security database, your voter registration doesn't go through. it is put into an electoral limbo. you write your name, your last name garcia-marques. on your drivers license, the-is not there or there are two separate names without that. that can get you

the most famous christmas carol in the world to put us in the perfect mood for today's show with that a warm welcome to your remarks where we have a lot more festive topics this time around. the traditional food the people in france enjoy during the holiday season and every year hundreds of times joined in a charity raised in brighton england. but 1st we dive into the 19th century with british author charles dickens and his book a christmas carol as you might know the story is about an old miser which changes his ways and becomes a warm hearted and generous man thanks to despaired of christmas has been filmed many times but once a year it actually comes to life in the dutch town of devant or when the residents get together to reenact dickens iconic novel. for the spirit with the world. they all look like something out of a charles dickens novel farmers beggars tradesmen and well to do citizens and they're all here in devon town for a pretty christmas journey back to the 19th century. christmas yeah i like it i love it's nice because of the neighborhood it's also like this style so muc

do not raise the tariff is. >> by caroll, haven't you heard, trade wars are good. he likes the control he has over u.s. companies telling them where they can hope, and tariffs, it fifths them money he can dole out to political constituent see, he is talking about new tariffs on argentina and brazil. this is detriment to u.s. economy but to u.s. individual -- "house" hold 800 bucks, i worry about the economy. and average american moving forward if extra tariffs go no place about another thing to worry about -- john. >> go ahead. >> another thing to worry about, markets, we're supposed to be headed into a sa santa santa cl. you mention if you add more tariffs, businesses are not going to investment we have seen that for some time now the lack of investment. and are we not goingful circle to bring up jonathan comments after the eu, china with tariffs. and if china wants a trade deal so badly, why haven't they stepped up to the plate just yet, i think we're overlooking long-term strategy of china. china is playing long game, we're just ignoring that. >> china is playin

>>> and influences on early childhood education in america this morning, a look back at the great caroll spinney, who brought big bird and oscar the grouch to life "early today" starts right now good monday morning. i'm phillip mena. >> i'm frances rivera. we begin with the breaking news from new zealand, where at least five people have died after a volcano erupted. about 50 people were on or near white island when it happened. police say 23 made it to shore, and five of those people died from their injuries. officials have not confirmed the number of people unaccounted for, but it is believed to be about two dozen. just moments ago, police reported that they do not believe there are any survivors left on the island there are no signs of life police confirmed there are tourists among the injured and the dead, but they have not released any information about the nationalities of the victims. royal caribbean cruises told nbc news they had guests touring the island but they did not share additional details. >>> the stage is set for a historic showdown in washington, as congress forges ahead

biggest influences on america early childhood education has passed this morning we will remember caroll spinney who brought big bird and oscar the grouch to life >>> we've got the big takeaways. >>> and the world has a new universe as we kick off the week it's monday, december 9th, "early today" starts right now >> good to be with you this morning. i'm frances rivera >> and i'm phillip mena. we begin with breaking news this morning from new zealand at least one person is dead. police say that number will likely increase after a volcano erupted on white island, which is a popular tourist attraction about 30 miles northeast of new zealand's coast. police say about 50 people were in the area. 23 have been transported to shore. emergency crews say most of them required medical treatment officials say the island is covered in ash and at this stage it's too dangerous for rescue services to go there royal caribbean cruises told nbc news that they had guests tourine status of r passengers >>> now to the fbi who is expanding their investigation into friday's deadly shooting at the naval air stat

carol: you are exactly right.nterestingly enough, and the last week or two, we've had an awful lot of clarity on issues psyches saraorket 2019. 2020 -- psyches throughout 2019. moderate gdpke a growth path, a moderate market growth path, and continued low inflation not only here, but around the world. hopefully we get some sort of level stabilization and up stick -- and uptick. guy: do you expect anything like 2019 in 2020? the s&p has done circa 30% this year. presumably next year can't look that good, can it? carol: you are exactly right. if you took 2019's performance and tracked it back to the beginning of 2018 and took out the fourth quarter unexpected near bear market you had in the fourth quarter last year, you're really talking a nice, gentle trajectory of 7% to 8%. to stay on that gentle trajectory from here, we are not necessarily looking for 7% to 8%, but someplace in the mid-single digit range is a viable outcome, which would be an amazing outcome after the last couple of years. guy: you would agree wi