one story that crossed the bloomberg terminal the bloomberg terminal that got my attention demand orhis lack of diminished demand in china actually diminish the impact of the phase i one trade deal with the united states? are they going to be buying all of those commodities that they pledged to do? where does that leave phase ii? guy: it will be interesting to see. we will talk to international paper later in the program. it will be interesting to get their take on it. thank you very much indeed. stephen engle joining us on the latest surrounding the coronavirus. let's talk about the market reaction to this. we are joined by henrietta treyz, veda partners director of economic policy, joining us from new orleans. what does this tell you on the impact it will have on the global economy? henrietta: my understanding is they are looking at 5, 6 months at a minimum in terms of how this will be continuing to reverberate around the economy. globalized entirely economy now, with goods going to the united states, germany, and everywhere in between. i would expect this would be a pretty significan

that is the main headline crossing the bloomberg terminal. we are talking about a total amount -- not quite sure what the total amount is. the headline is that japan continues to widen its lead as top foreign order of u.s. treasuries. scarlet: china's share dropped even more. both of them decreased their stakes. reporters toour check in with them to see what they are monitoring. abigail: i am watching the tech shares you all were talking about after yesterday's small pullback. the bigger public for the stocks perhaps on the signing of the phase i trade deal. lots of dreams -- of green on the screen. we have macron trading strong. inductors big in on these tech dreams. this is one of the scary charts to take a look at. 500 tech index going back a few years. the yellow line is the 200 day moving average. investors buying technology. there are periods of time where the s&p 500 has been well above the moving average. fast forward to today. right now, we are above the 200 day moving average by 18%. take a look at the rsi. before.near the levels we

if you have a bloomberg terminal, check out tv .ou can look at our charts and graphics, and even interact with us. coming up later this hour, we will speak with jim rossman of lazard and speak about the latest review of shareholder activism. always an interesting one. this is bloomberg. ♪ ♪ from london, i'm guy johnson. vonnie: from new york, i'm vonnie quinn. this is "bloomberg markets." large stakes in meredith and tanker outlet factory centers will likely have to be sold by sdy. this raises questions about the fund's construction. here we have james seyfert, bloomberg etf iq. why these two particular, tanger in meredith? james: it is unique in the fact that it weights by dividend yield rather than market cap. he fund has been in very high demand because of the low rate environment, so it has grown to over $20 billion. falls belowt cap $1.5 billion, every year on december 31, they decide to get those stocks out. andhis case, tanger meredith are falling out as of the end of january, and they are pretty large positions. guy: funds d

bloomberg's company for 12 1/2 years they make their money selling to wall street their expensive bloomberg terminalthere any way that you can believe that mike bloomberg is not only going after trump but perhaps elizabeth warren or any other candidate that is proposing any kind of a trading transaction tax because if we get that, it will likely severely damage his bloomberg terminal empire? >> well, that is a couple leveling deeper insight than i've got. >> and i may be wrong, but if you talk about trading volume going down, you talk about fewer terminals, you talk about the hit to the company he built from scratch by position putting together his first machine on the way to a meeting with merrill lynch. >> i think that the main motor is he is unconfident only with warren and bernie as the candidates on the democratic side if they were nominated both ideologically and as a matter of practical politics i think his biggest focus is defeating trump and the issues that he spent the most time on is climate change and doing something about guns and education reform so i think that he is rich enough not t

bloomberg green. . you can find it on the terminal, here on bloomberg tv and on bloomberg radio.m the world economic forum, this is bloomberg. ♪ >> we have breaking news. lemaire says france in the u.s. agree on a digital tax framework , dellien, not withdrawing the digital tax. is thete bank of india country's largest lender has been at the forefront of india's debt problem, helping to clean stagflation among the world's biggest economies. it's chairman rajnish kumar joints me. have we seen the worst of debt loans in india? rajnish: that loans are very under control. ,n my analysis of the situation 2018 was the worst year for us in the banking industry because , and all the bad loans got declared in one single year. haslinda: companies are defaulting, and some say that after the companies, the individuals may be the ones defaulting as well because the economy is growing at the slowest paste in at least 10 years, and jobs will be at stake. is a steady source of income, so it may be some of that. be that from a state bank perspective, the market segment is very different. largely,

jonathan: looking at the bloomberg terminal, year in, 119 end, 193.ou look for numbers around 120, 125. where you come down? greg: i still think it's range bound at some 2%. but the way i think about it and the way we think about it, the world can handle higher rates. that's what we learned in 2018, and sure the fed was in play and central banks were learning, but real rates moved up and that was the killer to risk. my number one focus for 2020 continues to be the level of real rates. if real rates move higher, i think it is a risk off environment. jonathan: any move higher is self-limiting because any move higher creates a risk off environment and the bid comes back in? greg: correct. jonathan: is that your thought, diana? diana: it is. anytime you get close to the 2% rate, you need to have duration. it would not take much to get back to growth again. the rest of the world, rates are in negative territory and that demands duration. remains well anchored. jonathan: what does it mean for bunds? greg: i think it's a little different when you have ecb in

the scale of the climate challenge, bloomberg green, find it on the bloomberg tournament -- bloomberg terminalnd online and on tv and radio. we have breaking news on the coronavirus stemming from china. we are hearing from the state run television cctv. china's city has suspended outbound flights and rail services. we have seen china taking concrete measures in order to contain this coronavirus. the national health commission detailed actions to contain the disease and we know that 17 people have already died in the city, a city of 11 million people. we will have plenty more coming up. this is bloomberg. ♪ amanda: we are watching shares of boeing. no discussion of cutting the dividend. it is still all in on the max. they believe that is still the plane that will be competitive for years ahead. they believe the faa is also still committed to that generation of planes. watching that stock off the lows of those sessions as these headlines cross. shery: we are watching another stock in the u.s. markets, tesla. elon musk having a very good day. the market value of tesla surpassing more than 100 bil

francine: this crust the bloomberg terminal -- crossed the bloomberg terminal, they have requested theit of american troops. tom: in this hour, steven cook will join us, his incandescent essay on foreign policy. he was visiting iraq and mr. cook makes no bones about it, leave iraq now. right now in new york city with the first word news, viviana hurtado. viviana: a flash of light. do you see it? of the adding evidence final moment of the ukrainian jetline in a ron. -- ron. -- iran. surface-to-air missile launches reportedly came from the airport , a wrong calling the allegations a big lie. wants --house yesterday's vote on a resolution defends congresses constitutional powers but republicans say it endangers national security. it is a longshot to be approved by the republican senate. the jobs report is likely to show hiring is moderating but strong enough to hold down the unemployment wrote. that employers added $130,000. the jobs release -- 130,000. the jobs release is at 8:30. jong-un,thday to kim that is the message from president trump. it is the latest exchange between leaders of

if you have a bloomberg terminal, check out tv . us online, click on charts and graphics, interact with us directly. just scroll through and check it out. this is bloomberg. ♪ viviana: this is "bloomberg daybreak." hundreds of amazon employees defined a company over climate change, putting their names on a public statement regarding amazon's climate practices. the company had threatened to fire workers who spoke to reporters without authorization. the cook political network telling washing to resist pressure -- telling washington .o resist pressure credit suisse telling staff to work from home if they visited china lately. the swiss bank is trying to prevent the spread of the deadly virus. it told staff and hong kong not to come into the office for 14 days if they've been to mainland china lately. any worker with cold or flu symptoms must also work from home. i'm viviana hurtado. that is your bloomberg business flash. alix: we turn now to wall street beat to cover three things wall street is buzzing about this morning. first up, deut

you can join the debate on the question of the day, just type ib+tv in the bloomberg terminal and you can check out mark's work. up next, your stocks to watch at the open, including volvo's trading as it offers to buy the rest of navistar for $2.9 billion -- i'm sorry, volkswagen. also, keeping an eye on aston martin as a formula one team owner pumps money into the carmaker. it is raising capital, so guaranteed to move today. remember, bloomberg radio is live on your mobile device or on digital radio in the london area. this is bloomberg. ♪ welcome back to the "european open," we are live just opposite westminster, houses of parliament behind me. i guarantee you will be able to see that when the sun comes up in london. marking the occasion of the u.k. leaving the eu, that is happening at 11:00 u.k. time, 12:00 midnight in brussels. of course worth bearing in mind the challenges that still lie ahead in the brexit roadmap. boris johnson said he will not extend the transition arrangement. we go into the transition arrangements overnight and he said he will not extend that beyond the end

bloomberg subscribers can see all of vincent's insights on their terminal at squa . we are live at the j.p. morgan health care conference with eli lilly ceo dave ricks. this is bloomberg. ♪ abigail: time now for the stock of the hour, and that is beyond meat. shares of the plant-based protein company are soaring on the news that the company is eyeing china as its next big target market. the roughly 10% move up is just a bigger piece of the recent move. take a look at the six-day chart for beyond, soaring up 66%. it is really pretty incredible. lots of different factors behind this move. excitements about their faux po plantduct, also the lettuce tomato product with mcdonald's. there's also news of a doggn' and snoop partnership on a breakfast a much. also, the company in china as a target market. as for the importance of the mcdonald's partnership, an increasing portion of beyond meat's revenues are coming from outside grocery sales. your to date right now, we are up about 48%, so this is moving in a direction that restaurants can be an increasing amount of their rev

bloomberg. as we just mentioned, we have a headline crossing the terminal.onavirus death toll in china has risen to at least 212. more on the efforts to combat the virus, let's go to where dr. gregory glenn is standing back -- standing by. start with the updated death toll. 212 people now losing their lives. the virus to has a survivability rate of 98%. where does this fit in terms of previous outbreaks we have seen, maybe from spanish flu all the way to 2003? >> it is quite concerning. hard toit is of the judge at this point what the mortality rate will look like. as we balance against the level of health care some patients receive, i would just say it is a very concerning outbreak. the patients who are affected are very sick. they are in the hospital. hospitals are overwhelmed. it is quite worrisome. paul: the world health organization making that emergency declaration earlier today. why did take so long to get to that point and what does it mean in practical terms? not a publicam health expert in terms of epidemiology. that this is a gigantic problem. i w

there was a story on the bloomberg terminal saying he would get $100,000 per pop to speak.,eady worth $30 even if he severs himself from the crown. joe: apparently his brother is angry and resentful, because harry will have more fun in los angeles or wherever they go. romaine: they are going to canada i heard. joe: they will have more fun. >> they can do a spotify podcast. romaine: let's check the business flash headlines. not a big christmas at the mall. multiple retailers report declining holiday sales. that reinforces concerns the department stores and clothing chains are losing ground. , andnds cut its forecast kohl's said its forecast would be at the low end of its previously announced range. airbus will increase production in alabama, minimizing exposure to u.s. tariffs put on aircraft. raise the number of 320's it builds from five to seven a month. torosoft looking for a way cut into amazon's lead in cloud computing, unveiling new tools for retail customers. microsoft will add a feature that his arrival to slack. turn theirt people mobile phones into walkie-talkies.

ifsodes every friday you missed last week's premiere episode, it is now available on youtube, the bloomberg terminal in bloomberg.com. let's get you to some business flash headlines. amazon founder jeff bezos likely to face unprecedented protests on a trip to india. thousands of small time local retailers pledge to oppose amazon's price and selling practices. india is one of amazon's fastest-growing markets. it's a milestone for tesla. rging, briefly topping $500 for the first time after oppenheimer boosted its price target to 617. china's government signal it continue to cut electrical vehicle subsidies as the same rate as last year. nissan is examining the possibility of breaking away from renault. relations between the partners have turned his functional since the ousting of former chief carlos ghosn. it is unclear how a separation would work. nissan'sis largest shareholder. and that is your business flash update. now, joe, this is a story that has been capturing people's attention. those people who watch tv and actually go to the leaf eaters because oscar nominations were announced. netflix is g

up-to-date on this developing coronavirus story by running the function map virus go on your bloomberg terminal. you will see the latest global figures from the cdc and the bloomberg's room. the coronavirus outbreak is forcing investors to reassess their strategy and outlook of the world's second-largest economy. joining us is sean darby, mobile equity strategist at jefferies. where are we now in terms of the market? did this announcement from the world health organization saying this is an international health emergency, saying they are more concerned about countries that are away from china with less-developed tells networks than they are about china. as that calm the markets? sean: to some extent it has. the way i would describe things is that it is almost too late to sale and too early to buy. in this limbo time. the reason for that is that chinese markets have been closed and we will see a lot of selling pressure coming through on monday. people are unlikely to take big positions ahead of that. people are looking at potentially what the central bank might do. there's room for reserve ratio

if you have a bloomberg terminal, check out tv . is is bloomberg. ♪ viviana: this is "bloomberg daybreak." we begin with the price of gold, surging above $1500 an ounce for the first time in more than six years. all of this coming after iraq -- after iran fired missiles at u.s. bases in iraq. gold pairing its gains. learned a big part of the music streaming giant's push into original podcasts, spotify is considering a number of options. one of them, audio programs tailored to specific teams. says his latest car will pay for -- the ceo telling reporters he is looking to trim costs. that money will be used on future technologies such as electric cars and self-driving software. i'm to vienna hurtado. that is your bloomberg business flash. lisa: turning out to wall street , dalio's winning streak ends. sees itser associates first annual loss in nearly 20 years. ken griffin's midas touch. his fund soared over 19% in 2019 two top rivals. and rough-and-tumble bankruptcy. own hugeter faces its bumps if creditors push for bankruptcy. joining

if you missed last weeks episode, it is available on the bloomberg terminal. l play a portion of the program coming up. this is "balance of power" on bloomberg television and radio. ♪ david: this is "balance of power" on bloomberg television and radio. i'm david westin. one of the most recognizable brands in business news is back. bloomberg wall street week recaps the week with compelling conversations led by heavyweights in the worlds of business and finance. for our debut episode, i was joined by larry summers and tiaa ceo roger ferguson. lou.re joined by kim >> one of the things that was particularly concerning because it is true, when roger was talking about expectations for returns over the coming 10 years will be significantly less. there made the same point. there is consensus around the fact that because interest rates are so low, the expectations are returns may be more modest. for a foundation, that is death by a thousand cuts. we are mandated to give away 5% a year. unless we can feel confident we can receive a five cent return, and that is a slowly

kevin: looking at the bloomberg terminal, the bloomberg dollar index near lows of the day as president trump speaks. stocks hitting a record amid china and trade optimism. you mentioned what is not in there and how tariffs are being left on. another issue planted out of here is the issue of 5g and technology as it relates to huawei. david: and there we have to stand strong. the u.s. needs to be the leader in 5g because it is going to be the backbone of the next generation of the academy. -- economy. i think they could not reach a resolution on huawei. and for me, that is probably a good signal. it means the u.s. did not have to concede. kevin: there is a lot of nonpartisan. let's listen into what president trump is saying at the white house. pres. trump: to develop and come up with. are you guys hearing that? you don't have to give up anything anymore, just be strong. don't let it happen. you don't have to do that. it was a terrible, terrible situation going on there. a lot of it was because our companies were very weak. you were very weak. you gave up things he did not have to give up

every friday.ebut if you missed last week's premiere show, it's available now on youtube, the bloomberg terminaloomberg.com. this is "balance of power" on bloomberg television and radio. ♪ david: this is "balance of power" on bloomberg television and radio. i'm david westin. thes time for the stock of hour. delta airlines is one of the day's top performers. shares are up 4% are heading for their best day since june, as the company's fourth-quarter earnings beat the highest estimates. kailey leinz is here. kailey: earnings per in at $1.70. the highest estimate was $1.52. a couple of factors that went into that. they sold a stake in a brazilian carrier, benefiting from low fuel costs, but what stuck out was the growth domestically. one fell by ay couple 10 someone percent. big growth in latin america, sales of 6.7%. in the u.s., up 7.7%. notably, delta does not have the 737 max. going to say, i don't want to pick on boeing, but is that relevant? it is. other airlines have had to cancel hundreds of flights a day, and delta has benefited. theytoday, american said will not have the 737 max back on th

take another look at some of the charts we've been talking about at g tv on the bloomberg terminal. north korean leader kim jong-un has declared he is no longer bound by his pledge to help major missile tests and will soon debut a new strategic weapon. initialt trump's reaction was to insist he and kim have a good relationship. >> he did sign a contract. he did sign an agreement talking about denuclearization. singapore, andn i think he is a man of his word, so we are going to find out, but i think he is a man of his word. : what is this -- what does this so-called strategic new weapon mean for talks with the u.s.? >> yesterday in kim jong-un's statement carried by state media, he said he is not bound to this promise or moratorium is how it is -- how it is interpreted by many analysts. kim announcing to the world a white -- they might be witnessing a strategic new weapon also shows that he might be stepping away from this promise he made with donald trump. donald trump, as you played earlier, said kim jong-un is a man of his word. he also said that he expects kim jong-un's christma

you can't see this on the bloomberg terminal, but it does illustrate that the debt was an enormous run-up19. it seems to keep going. it looks as if concern over the coronavirus will not be a catalyst for pullback. the way we looked at it, we thought the shares were getting ahead of the fundamentals. when you look at the beat they had given, i do think it is enough to move the stocks to the levels and allow starks to continue to grind higher over the next couple of quarters -- higher over the next couple of quarters. there have been expansions of the multiples, but we are seeing greater emphasis within the wearables market. you heard tim cook talk about wearables within that kind of wearables home accessory business. wearables grew 44%, the apple watch, 75% of it came from new customers. it tells you how underpenetrated wearables remain. we think services will grow in a high teens range. when you look at profitability that will come in the next three to five years, as well as a massive opportunities, we do thek people might get -- in 5g. we look at 5g as a 3-5 your opportunity. because of

if you have a bloomberg terminal, check out tv . u can go back and rewatch the byron wien interview. this is bloomberg. ♪ live from london, i'm guy johnson. vonnie: and from new york, i'm vonnie quinn. this is "bloomberg markets." here is a look at some of the biggest business stories in the news right now. it was not a good holiday season at the mall. retailers are reporting declining holiday sales. department sales and clothing chains are losing ground. for theaid profits year will be below what was previously said. holiday sales were hit by brutal price pressure in britain and the shift to e-commerce. several gave generally downbeat christmas sales updates. maybe one of the most eye-catching help wanted in recent history, you can make $100,000 to manage a restaurant. it is taco bell. the chain will test out the higher salary and select restaurants in the northeast and southwest. it is hoping to attract workers and keep them on the team. that is your latest bloomberg business flash. ahead, nancy pelosi about to hold her weekly -- ♪

i was looking at the analyst break down those tracked by bloomberg at our system on the bloomberg terminal% of analysts on amd recommend holding or buying the stock. that is on the lower end on some of the chip stocks. usually between 90% and 100% of analysts say you want these stocks in your portfolio. people are bullish on the semiconductor space, in part because analysts have been calling a bottom in the chip pricing cycle. it has been flatlined for a while after a decline. they think that will rebound and also the china narrative and the fact that trade may be looking better and it is of vital market for so many of the companies, the picture is looking brighter. david: sounds like a good 2020. thanks a much to kailey leinz on amd. the u.s. deploys troops to the middle east while iranian backed militias retreat from the u.s. embassy in baghdad. we discuss the latest and what it could mean for oil markets. this is "balance of power." we are on bloomberg television and bloomberg radio. ♪ david: from new york, this is "balance of power" on bloomberg television and radio. i'm david westin.

if you have a bloomberg terminal, check out tv . can watch online, check out charts, graphics, even interact with us. this is bloomberg. ♪ ♪ guy: from london, i'm guy johnson. vonnie: from new york, i'm vonnie quinn. this is "bloomberg markets." in a world shifting towards passive investing, one active manager is thriving. they beat the s&p for the third straight year. here with more is at the not his -- here withhat is psarofagis.anasios tell us a little about what is going on. athanasios: really why it is done so well is its performance. it has beaten s&p for the third straight year. well,is fund has done so it is very high conviction fund. the fund manager has been really good at picking this names, but also she is really big on transparency. all her research is posted on twitter. she uses a lot of crowdsourcing to get her research. it has just been doing really well. guy: talk to me about the names that are being looked at here and the timing around them. athanasios: the big name is tesla. if you look throughout the whole year, s

watch that on live.go on the bloomberg terminal.ance" plenty coming up including plenty of talks but will there be any action as this year's forum comes to a close and ask if progress was made. and don't miss our interview with the world's largest maker of wind turbines later this hour. this ising bloomberg. ♪ >> the communities back in apan, the offers have to include local businesses and sidents in the area so the stakeholders, how to include them in that context is definitely a challenge. yet once we know who is there and then to decide on who can take part and that's where we start. for example, not just pushing for the government but -- a a: francine is launching discussion on single-use plastics. christine lagarde saying investors shouldn't assume current policy is on autopilot. the new president of the european central bank spoke to francine lacqua after discussing a debut of policy tools. christine: those who think it is on autopilot is ridiculous. there is a forward guidance which is strong and setting a very clear timetabl

what you do is you look at your bloomberg terminal. you've got four of them. look at stocks, you look at bonds and commodities but what the pros look at is foreign exchange and i did not see panic there yesterday. what we look at is the dynamics of the japanese yen and the u.s. dollar. i want to explain why, no time for that other than to say the message in the markets as of friday was no panic. >> eddie, there was a lot of interviews yesterday with the iranian ambassador to the u.n. and something that was asked of him is this going to be a shooting war? let's spend a moment on the economic war. this is how it's been waged by the obama administration and to the trump administration and a lot of what's being bridged here. >> the u.s. has since donald trump's election the u.s. has engaged in intensification of that economic war literally trying to destroy the country and the people in the country. not simply the elites and in some ways by pulling out of the nuclear treaty or jcpo, i can't even get it out. pulling out of that, most folks in some ways kind of pred

you can follow him on the mliv blog on your bloomberg terminal. ad off to radio. this is bloomberg. ♪ justin trudeau says there is evidence the downed boeing plane was shot by an iranian missile. tehran dismisses it as not possible. today's payroll numbers could show a rebound. in theolatile week markets. global trading back where it was before u.s.-iranian tensions escalated. welcome to "bloomberg surveillance."

and if you have a bloomberg terminal, check out tv . n watch us online, click on charts and graphics, interact with us directly. scroll through, check it out, and see anything you may have missed. this is bloomberg. ♪ viviana: this is "bloomberg daybreak." lebanon issuing a travel ban for carlos ghosn, the fugitive former nissan chairman. according to the associated press, lebanon is responding to a notice from interpol. the notice does not require he be arrested after being smuggled out of japan. her arrived in japan on december 30. the ceo of british airways parent iag is retiring. he is facing down unions and cutting costs at ba, and led the purchase of you barium. the popular chase sapphire reserve credit card is about to get more expensive. jp morgan is about to boost the tonual fee from $450 $550. in return, they are adding new perks like a $100 credit on doordash delivery service. i'm to be on a hurtado. that is your bloomberg business flash. alix: the entire control room is so mad about that sapphire card yearly fee. now we turn

bloomberg subscribers go to dayb on their terminal. so available on mobile and the bloomberg anywhere app. you can customize your settings so you're only getting news on the industries and assets that you care about. this is bloomberg. ♪ "daybreak asia." i'm shery ahn in new york. paul: and i'm paul allen in sydney. apple shares are having a sweet start to the new year, rising above $300 for the first time in stark contrast to the dismal start apple had to 2019 when it cut its sales forecast for the first time in almost 20 years. despite that, they are back. apple went on to outperform all cap tech stocks for the year. shery: apple is releasing software to let users mirror iphone screens on the laptop, which will allow dell users to drag files from their phones directly to their pc's. dell set up a similar app for android in 2018. edance, the owner of tiktok, has submitted an application. singapore's monetary authority is offering up to five digital banks.g permits to non- if you are away from your screen, you can always find the latest

these people have bloomberg terminals now. this is not 1989 where they focus on the economy they look at the stock market, they know the stock market drives the economy anyway. it's not a guarantee we'll keep hitting milestones, dow, 28,000, dow 29, dow 30, and the fed sits there, like wage growth is sub 3% i think if that's the major thing that's going right for us, and we're just going to count on na being the case forever, that would probably be a mistake in my eyes. >> the bias of the fed now just given where inflation is, you hear people talk about the ability to cut, they should cut. >> i think that the bias of the fed is still to remain easy and there's 19 basis points priced in to the forward curve right now with respect to 2020. >> with all due rmespect, the bias of the fed, a year ago, maybe 14 months ago was to keep hiking >> there has been a fundamental shift in the way that the fed is thinking about the symmetry with respect to inflation whereas before inflation 2% was in some ways a cap with respect to where they

david: for our bloomberg clients, you can continue to on youris story bloomberg terminals.ll pivot back to the oil market, which continues to be our top story. good morning. thanks for joining us on the program. what do we need to know about oil? >> there are a few things happening now. the middle eastern tensions. we can't discount that. the next few weeks, depending on how iran retaliates, things could really take shape. we have u.s. production growing. yvonne: a lot of questions on what kind of form retaliation will take. >> looking at history, what has happened in the last few years, we have seen iran doing that. we definitely see something similar happening in the next two weeks. the u.s. is quite aware of this. david: the word war has been tossed around since friday. i would say the possibility of a full-scale ground invasion is at a very low risk. terms ofou think in the oil supply that is actually at risk? what is realistically at risk right now given the options you laid out? we don't think a full lawn war will happen immediately. if that happens, we could see oil

you can check out the bitcoin price on the bloomberg terminal. currency.-catching 2019. 95%,w again close to despite repeated bouts of volatility. it has gained in the last couple despite thosed cough, whichh means the 100 day moving average might drop. some technicals for you. us, the cofounder of a company that pioneered the world's first instant crib no overdraft -- instant crypto overdraft. you can borrow 50 fiat currencies against bitcoin, and some other cryptocurrencies. talk to us first about this incredible ride over the last 10 years. 9,000,000% is more than any asset i have been able to find, and i have looked for them. what do you think the future of bitcoin looks like? guest: i think very easily we could see bitcoin going up to 50,000 i the end of this year. we have our analysts crunching the numbers, doing substantial research. it is a hell of a ride. it is coming up because the rewards are dropping from the last time this happened bitcoin rallied 4000%. it has been an incredible asset, uncorrelated to the overall markets. it is asymmetric ret

can check out his work in the work of his team on the bloomberg terminal.here 50 minutes away from start of cash trading across europe. we will take a look at your stocks to watch this morning, including peugeot. the china unit sales have slumped by more than half but european car registration is soaring to a record. we will see which story wins out. quite an attractive little vehicle. this is bloomberg. ♪ anna: welcome back. london.es past 7:00 and european futures like broadly positive. the situation in asia muted. let's get a news update. has replaced putin his long-standing prime minister. he is calling for sweeping changes to the country's constitution. this leads to speculation he is moving to extend his grip on power. currently, his presidential term ends in 2024. he could take on another post. the house has spent two articles of impeachment to the senate. it is the first step to begin the trial. it is expected to end in acquittal. chief justice john roberts will preside over the trial with the senate as the jury. the trial will begin next tuesday. f

bloomberg users, all of the charts we use are on gtv on your terminal. viviana: this is "bloomberg daybreak." i'm viviana hurtado with your bloomberg business flash. british with struggling luxury carmaker ashton martin. it received a $600 million lifeline. the company agreed to sell its stakes to a canadian billionaire. his consortium will contribute to a rights issue major shareholders support. aston martin will use the money to shore up its balance sheet and build a new suv. the maker of rental trapped raising 1.2 billion dollars in ipo. --nolds consumer products the offered value of the company at 5.2 billion. shares begin trading today on nasdaq. -- thestor hedge fund firm was boosted by a bet on campbell soup. last year campbell's rising 50%. third point also made money on sony a. it bet on the companies media assets, including its giant videogame platform. that is your bloomberg business flash. alix: time for bottom line. we look at companies worth watching this morning. exxon and chevron both disappointing to the downside. we do want to drill int

get the latest stock stories from our equity team by typing first go on your bloomberg terminal, and t word news in the bloomberg mobile app. week before the world economic forum in davos, and we will bring you the biggest names in banking as more than 115 billionaires to send on the normally-snowy, not so much this year, snowy swiss town. do not miss our coverage. even without good skiing, it will be a fascinating meeting. david solomon, james gorman, brian moynihan, michael corbat, all coming out of davos next week. this is bloomberg. ♪ ♪ ♪ matt: welcome back -- anna: welcome back. 25 minutes to go before the start of equity trading in europe, but futures point higher. u.s. futures look more muted, although a little momentum, up 0.2% on the major indexes stateside right now. china's gdp growth held at 6% last quarter. they economy stabilized after slowing to the weakest pace in almost three decades, with policy support stopping deterioration. joining us with a look at the global growth story, we're d of privatee hea capital markets at ubs. just to get your initial thoughts about the

tv on your bloomberg terminal. let's get a bloomberg business flash with leigh-ann gerrans. >> italy's matteo salvini suffered a steaming defeat in the key regional election. it provides a much-needed boost to the prime minister's fragile government. solving he hoped that taking -- would deal a fatal blow to his opponent, forcing early national elections and the league party would likely win. senate republicans are facing increased pressure to call witnesses and president trump's impeachment trial. that's after a report in the new york times says trump wanted a continued freeze on you canyon in august.inian aid it cites john bolton, who was fired by the president back in september. israeli prime minister benjamin netanyahu says he will make history with president trump. he is visiting washington this tok as the u.s. is slated present a middle east peace plan, also visiting the white house, former military chief benny gantz. israel is set to hold its third election in less than one year, in march. the u.s. is focused

plus, if you have a bloomberg terminal, check out tv . atch us download charts and graphics, and interact with us directly. this is bloomberg. ♪ viviana: you're watching "bloomberg daybreak." struggling retailer bed, bath & beyond will raise cash by selling off real estate. the chain will sell roughly half of its properties to oak street real estate capital, then leaseback the space. that will generate more than $250 million in net proceeds. little caesars is teaming up with store -- offer nationwide sh toery -- with doorda offer nationwide delivery. they expect delivery will help lift sales for both its company and franchise stores. hollywood kicking off award season with the golden globes. " wasorld war i epic "1917 the big winner, winning the prize for best drama. sam mendes also taking home the prize for best director. out three movies from netflix, "the irishman," "marriage story," and "the two popes." alix: hsbc is finding it increasingly hard to keep focus on business and steer clear of politics. and new lows for hedge funds. hedge

bloomberg subscribers can go to dayb on their terminals and it's also available on mobile in thewhere app. you can customize your settings so you only get the news on industries and assets you care about. this is bloomberg. ♪ >> the news casts a shadow over one earnings report. store sales rose in the fiscal first quarter through december, outpacing the average estimate of 4.6%. ebay slumped after the bell on a lackluster revenue and earnings forecast that suggests growth is still slow despite a management shakeup. earnings in the current quarter will be 50 to $.53 a share on sales of 2.5 to $2.6 billion. the forecast missed average estimates of $.71 per share. advanced micro devices is another to fall in trade on a lackluster forecast for the current period. it suggests gains against intel may take longer than investors hoped for. revenue in the first three months of the year will be about 1.8 billion dollars below estimate of $1.87 billion. the stock surged. amd's manufacturing stumbled by intel would increase market share. pfizer declined by the most since july 30 after it unv

continue to watch this here.go, as they say it's on your bloomberg terminals as well.k about this later, a nice segue. he is in usk story, shanghai talking about tesla, the made in china as well. we'll leave these live pictures as we approach the atmosphere and then we'll make where we ere and see go. to ne: elon musk is set attend the ceremony. solina wang is outside factory in shanghai. have we seen elon musk? he shown up yet? solina: we are awaiting his arrival. there have been some videos on social media arriving in shanghai. have yet to see him come to drive,ctory, a 90-minute a remote location. we are expecting him to arrive and high level government officials, this is for the pomp model 3smstance of the to actual customers. we have seen the deliveries to december employees on 30. the fact that high government officials are going to be here is significant. support has been critical to the fast ramp-up, the smooth process of this building. in fact, it's taken just a year from tesla breaking ground to to more than 1,000 cars being assembled there per week. model 3s

opin go on the bloomberg terminal.d news from london. >> in the u.s., some republican senators are leaning toward calling john bolton as a witness in president trump's impeachment trial as more revelations emerge from the former national security advisor. reveals york times" that bolton told the attorney general of his concerns about the president. today, prime minister boris johnson will likely allow hauwei networks, but will almost certainly be barred from critical areas. president trump wanted the u.k. to ban huawei entirely. president trump is set to announce the details of his middle east peace plan today. he thinks there is a good chance it will win support from the palestinians and arab nations. "the washington post" says he will announce a pathway to statehood for the palestinians. libya's oil output could be days away from coming to an almost complete halt, as conflict disrupts the nation's most vital industry. the crisis escalated as a commander block exports at certain ports. the nation's top oil official sa

you can check out his work by typing mliv on your bloomberg terminal.ory here with airlines. more and more are now being added to a list that are avoiding iranian airspace since the crash of the ukrainian jet that killed 176 people on board. here's a list of just some of the airlines diverting from iranian airspace, including the funds and air france. anna: we continue to watch that story and we continue to watch further commentary coming after we saw the iranians launching ,issile attacks on u.s. assets u.s. air bases in iraq. u.s. futures, like many risk assets sold off as a result of the initial attack and we saw those losses being paired. theome of the comments from foreign minister suggesting the activities of iran have been concluded in proportionate retaliatory measures. to be treadingm water in the face of conflicting comments from others in the isnian leadership, but that what we -- iranian leadership. expect more weakness at the start of the trading day. from here in london, this is bloomberg. ♪ >> iran retall yates, tehran fires over a dozen

tolinda: mark, i just want highlight this headline coming across on the bloomberg terminal. thailand is ready to use additional -- if needed. the context is that the baht has been pretty strong. what does that show that it is more willing to intervene? it says it does not have a line in the sand, but it does. >> the extra contracts -- thailand and taiwan are both countries that are named -- on the verge of being classified but they were not bumped up in that classification. and that has given a green light to the bank of thailand to say that we can be more aggressive in trying to slow down the thai baht appreciation. an incredible story. morenot that i have a negative perspective on the asians and currency -- the asians currency. but short-term we reach an extreme. we need to break it down to three times. short term in the context of the trade deal and the more medium-term, the 3-6-month horizon. there's the longer-term growth story. haslinda: peter, how much room to run for e.m. currencies? we started 2020 with perception that e.m.'s basically will play catch up. economies

get more of his work by typing mliv on the bloomberg terminal. n open. stay tuned, up next is "surveillance." we are headed to radio. this is bloomberg. ♪ longere: iran says is no is bound by the 2015 nuclear deal the killing of a top general. president trump threatened disproportionate retaliation should were -- iran take military action. the ust debarment warns military attacks at basis. global stocks fly. gold surges of the highest level in more than six years. -- ♪; francine: good morning everyone. talking to "bloomberg survll

you can check out richard's work on the mliv blog on the bloomberg terminal. ean open. surveillance is next. anna and i are headed off the radio. this is bloomberg. ♪ protestecond night of grip iran is the government admits accidentally shot down a ukrainian jetline. assan executives prepare for breakup with renault. whoan reelects a president vows to defend its sovereignty. we are live from taipei. ♪ francine: welcome to bloomberg surveillance. these are your markets. stoxx 600 trading size ways -- sideways.

find bloomberg green on the terminal, and here on bloomberg television and bloomberg radio. >> climateis threatening the survival of our civilization. >> the conversations i've been having and davos are from many ceos saying we have been doing all of the work around esg already because it is important to our employees. >> all of the companies i interact within in the u.s. are very committed. they believe climate change is a real issue. they are committed to taking action. >> our industry has been very successful in reducing the carbon intensity of the product. >> we have a longer-term transition as we change the energy source and move towards a greener grade and a greater economy, but it is a transition. >> this whole conversation around climate, we will see an ambition to invest in low carbon climate resilient economy. ♪ ♪ guy: from london, i'm guy johnson. vonnie: from new york, i'm vonnie quinn this is "bloomberg markets." for our stock of the hour. here is taylor riggs. taylor: remy cointreau down across the board after a sales miss. they've had a pretty rough second half of 2019.

keep up with everything the team rights by typing mliv on your bloomberg terminal. up next, we take a look at your stocks to watch this morning, including ubs, as there has been another structural shakeup at the swiss bank. is remember, bloomberg radio live on your mobile device and dab digital radio in the london area. this is bloomberg. ♪ anna: welcome back to the european open. 15 minutes to go until we start cash equity trading in europe but futures look different today than they do from the last couple of trading sessions of 2020. we are expecting to see a little bit of a bounce at the start of the trading day. how long will it last? stocks to watch around the newsroom. dani burger is looking at the car sector. and another is covering the jewelry maker, pandora. annmarie hordern is focused on ubs and swiss banking. let's come to you first. a rethink in terms of the structural wealth management. >> it comes weeks after we have if qualcomm -- we have him running that unit. they are splitting all of europe into central europe, someone else -- central and eastern. s

you can check out his work in the work of the team on your bloomberg terminal.. surveillance is next. ♪ francine: easing tensions. the u.s. and iran step back from a deeper conflict. markets breathed a sigh of relief. johnson says britain will not extend the transition period. the eu commission president says a full dear near years and is impossible. of itsuse criticism legal system absolutely criticisme -- calls of its legal system absolutely intolerable. we are live in beirut with the saga. , goodorning, everyone afternoon, and good evening depending on where you are in the world. welcome to "bbg surveillance."