james athey, joining us from aberdeen standard investments.gital radio at 9:00 a.m. this morning. we are going to continue on the conversation thread what are regard to carry on with here? one last chance. angela merkel calls for a deal asa make or break talks -- they start in berlin. she is optimistic. what about the rest of the party and the rest of the country? that conversation, next. this is bloomberg. ♪ matt: welcome back to the european open. we are 45 minutes into the trading day right now, looking at gains pretty much across the board in continental europe. flight drop on the ftse right now. let's talk germany. angela merkel is being hemmed in by her own party block as exploratory coalition talks continue here in berlin. they kicked off yesterday. the chancellor's bavarian sister party is seeking to force policy to the right, forging a tougher line on immigration and the european policy. after more than three months of political still make, merkel is seeking commitment for the democrats. joining us from our brussels bureau is the dire

as a more on this now we're joined by athey correspondent eric randolph in teheran eric and two more protesters have been killed what more can you tell us about that . but we are quite limited information we know they were shot dead certs because of limited media coverage and travel restrictions we don't know exactly how you died we also know that two other people were reportedly burnt out of the protesters stole a fire drill in another town west. heard certainly get rid of social media to many senses it's quite difficult to verify information that was heard those warnings from law thorson's threatening to come down hard on protesters what does that mean and is there further sign that that's happening. but so far from what we can sell the police have taken a relatively soft approach to the protesters the government does accept and the president did except on the jets of economic grievances driving the. rest so they want to see taking those seriously even obviously drawing the line when it comes to using the islamic system as a whole out carrying out by that or damaging public propert

as a more on this now we're joined by athey correspondent eric randolph in teheran eric will protest as has been killed what more can you tell us about that. but we are quite limited information they were shot. because. the material media coverage and travel restrictions we don't know exactly how do you know that. were reportedly turned down of protesters stolen fire and drink in another town quests. but again with social media. it's quite difficult to verify information. it was hurt those warnings from law thorson's threatening to come down hard on protesters what does that mean and is that the sign that's happening but so far from what we can sell the police have taken a relatively soft approach to the protesters the government does accept the president except on the chance of economic grievances driving the. rest so they want to see taking those serious leave of obviously drawing the line when it comes to using the islamic system as a whole out carrying out by that or damaging public property did our ports or government buildings religious asunder is being attacked in some places

sluggish too and also important to note places like texas and places like alabama, mississippi, george athey don't handle snow as easily as we can far north they don't quite have resources and it's rare to see. accumulating snow. we are very much used to it however. let's start it off by showing you wide zoom on radar. had this is expansive front. i have to be honest this not a lot to it when it gets us to. big things with this is how slowly it moves in. and now we're getting reports denise, jim, that found you on facebook faichbility denise said muleburg township outside of reading she start odd to see snow. it will be light. we're start sog see a little bit of it. it all most looks like rain coming down. that's in fact snow and powder blue mountain. in the teen time i want to time this out. >> we'll get through the whole day without a flake of snow. it doesn't started as late for us. we're already seeing snow showers pick up in the moun taps and far northwest corner of area area this evening it's working its way to lehigh valley. right next door. it's taking its time and not even until the

but the aggregate market cat -- market cap of bitcoin globally -- in terms of -- you, athey could buyity stake. >> listen, we think we are an important institution, but we don't deserve the kind of price that bitcoin is getting every day. bitcoin is punching above its weight. it is speculative, filling a need at the moment, but it is not fundamentally you, a majority stake. changing the global landscape. for the average investor, they are not investing in that kind of speculative instrument. >> another big theme you've talked about is automation. all these things people are beginning to ask about. do you think in wealth management and investment banking you are relatively safe from that? >> to the core question of automation and other related topics, i was asked by a journalist recently about how much i focus on competitors. i said, obviously, you're in the same industry, you have some focus, but it's not what we get out of bed worrying about. i worry about ai, about automation, cyber risk, digital. all of these new technologies coming to the market at the same time are transforming t

learning athey are few things about controversies. we will see.eems the optics is that the president is not really as thed in other matters economy. american consumer confidence is a multiyear high. the approval rating for president trump is still low. this divergence is very rare. are we going to see the economy. american consumer confidence is a multiyear high. approval ratings catch up to how americans feel about the economy or will they keep diverging? is the key question. is donald trump's popularity a lagging indicator? solidifies will he gradually be pulled up by this strengthening economy. it's possible. i wouldn't bet on that simply because i think people made up their minds about donald trump a long time ago. whatever their view was it has been reinforced 100 fold by the activities of president trump as president. there aren't a whole lot of people who aren't in their foxholes already on donald trump and they are not going to switch sides. david: where is the country right now on right track versus wrong track? people didn't have a very

there's another one tonight and this is in athey arton. the first trains are expected to roll out in 2020. >>> electric trains. over here we're talking about electrified tracks as well, the b.a.r.t. system. we still have reports of up to 20-minute delays because of an earlier issue in the transbay tube. b.a.r.t. hasn't changed the time. plan on extra time and be treated to bonus time when you're not delayed. good stuff. we're looking over here at southbound 101 still slow heading down to the robin williams tunnel. before you get to spencer, the orange highlighted, that's the fog kicking in to san francisco north of san mateo and over in oakland, the south bay will get patches of fog which you don't usually expect. >> clouding up our vision for the weekend. we'll still look ahead. >> we have some rounds of rain moving in so people are like is it going to be raining for the weekend? and the answer is not the whole weekend. i'll at the point you make some plans here. saturday is our dry day but look at how cool it's going to be and it's only

on athey go to college pell grant which is why i am so glad they did away with the individual mandates. i have one more point. my stepdaughter came here from california. she is 38 years old. she doesn't work and hasn't worked in years. full medical. and to me that is unfair. and she gets medicines covered and everything. and before my mother was in a fsiing home, she was on because she was a waitress all my life and she didn't pay enough into social security making $.50 or two dollars an hour. veteran 100% a disabled and not only do i receive via a compensation, i received my social security disability, which evens out to $5,000 month. drew a little over 700 sick ande got down and was a permanent resident of a nursing home. my sister and i were in burger king one time and the manager about a memo and said all of his employees couldn't get over 20 hours a week because of the affordable care act. so that is why a lot of people are working to part-time jobs. i know people who work 20 hours at mcdonald's and then go to hardees. is there full-time they are required to have the affordable ca

most fly them as athey can register them through the website for five bucks. >>> speaking of throw back breathing new life into the blackberry. the company is promising to release two new smart phones this year. they will be new including a new bronze edition, they will of course have physical keyboards. >> such a throw back looking at that video. grows all ofur orang. great taste. naturally. when y have a cold, stuff happens. ♪ { sneezing shut down cold symptoms fast [ coughing ] with maximum strength alka seltzer plus liquid ge. shoshanna with "action news'" fitness tip. i've got gracie and lauren here from ma thatthactin high school. we'll take it down and up, don't straighten the legs, i want you to hold the posture nice and tight. sculpting that lower body, do it as long as you can, now is the time, new year, new you, get fit and healthy today. >> you do that while i do the traffic. >> reporter: let's take a look, you're not doing it, matt is. we've got a new problem in burlington township, 10 is blocked both ways between vanscriver parkway and campus drive. stick to beverly road a

there's another one tonight and this one is in athey are ton at the jennings pavilion on watkins avenuerst electric trains are expect to roll out in 2020. >>> i played with electric trains when i was a kid and now i'm monitoring them for the morning commute. interesting. the orange all throughout the south bay, san jose pushing down toward gilroy and morgan hill. we have this patch here through hayward. that's where the densest fog will be a factor for drivers. low clouds hovering around, drifting to the roadway level where clouds are then called fog. here we call it a backup because the metering lights are on. not much of it but still slow through berkeley and westbound 80 takes about 40 minutes just shy of that as you come off highway 4 to the bay bridge. >> hoping it will stick around for the week, get and have a good time. >> but it will be cool and we'll be in between storms this weekend. saturday is your day to get out there as you start to make some plans. you do need a thicker sweater or jacket. high temperatures, in the low to mid-50s. and i think with that sunshine we'll take

i have to believe, even though you and i don't hear about it every day, he athey are doing something behind the scenes to get to the table with north korea. we all need to realize kim jong-un is not going to stop and never going to negotiate away the capabilities as long as he continues to believes the united states is a threat. >> very quickly on china, this weekend south korea claimed that they apprehended a ship that was flying a pan main nan flag but most most crewed by chinese. the insinuation this is a chinese ship violating u.n. sanctions. the question is, does china have an incentive to work with the united states on north korea or does it really play in their favor to have this proxy, this buffer, that's challenging american power directly the way no one is in that part of the world? >> china is frustrated by what kim jong-un is doing. they have more influence than any other nation state on north korea, but that influence is limited. they don't have, you know, some unlimited ability to make kim jong-un behave the way they want to. that said they can and should do more to enf

involving wynn in 2009, she never made them known to the board of directors until he repair yd and atheyelect her to the board steve wynn said this is part of her ongoing litigation when she's trying to revise the terms of their divorce right now wynn resorts down more than 7.5% to 185.35. those are session lows we'll keep our eye on it. >> thank you so much. >>> and let's switch gears and talk about kmomi -- kmomities making a come back and it is good to see you. >> thank you. >> so you believe in this sort of reboot of commodities, why so. >> i set up a company that was pretty much founded on commodity investments so we've been in this bear market for a number of years and then reallia coup -- a couple of prices turned around in the beginning of 2016 if you ask the average person what is happening to commodities now, they say down what does the average person say about gold down now 2017 was the second year of back to back positive prices for commodities and since that december rate hike, prices have started to really move up. so the 2018 will be a good year. >> they told us mid-decemb

what was more serious was thes stories athey told us about what they do in their daily lives. >> like -- >> some of the worst things i heard about were -- a child who found a fake >> neighed and threw it into the library in his local town. attempting to make perve believe that the library was being attacked by terrorists. that was a bad one. another one ran a lone shark operation out of his bedroom and was charging he was i think 13, he wasn't any taller than me. i don't know five feet tall, and he was charging high school students. like guy like a dollar a day interest. and if they didn't pay up he would threaten them with firework and paintball gun absolutely lack of -- the imperviousness and consequences what he was doing was really amazing. [laughter] >> so -- are all -- you know we're talking about that here and you did think about henna but are are all psychopaths violent? >> definitely not. most was kids that we worked with were violent they abused animal aggressive at home and school and kicked out of multiple schools and families living in fear of them one parents take a sibl

start from athey flesh say. -- slate. does this become industry-standard?who has ever had a job interview, you start thinking about what do you say about having been paid before. it's a dynamic that is intrinsic. david: what do you make in a law firm? alix: of course. i'm sure they will have other ways of finding up how much you are worth it your other job. there's got to be ways around it. this page cap, a lot of banks have said women make 99% of what men make. adjusting for factors. this is the money we made after counting everything. alix: it's good to see you. jason kelly joined us. the white house has released some excerpts from the speech he will bring in half an hour. he said the u.s. will insist on fair trade. growth will help drive global growth. be al like it's going to few things that come along with it. david: airlines are under pressure. we will look at why airline shares crashed this week. more on what i'm watching next. check out tv . you can interact with us directly. go to tv on your terminal. this is bloomberg. ♪ david: airline st

good athey are pretty financing things over at j.p. morgan.buffett, including insurance bevis -- businesses, those 950,000 employees, that's quite a test group. --x: adding and amazon, whole foods, that could be 1.5 million workers. are we looking at a complete disruption of the industry? david: i keep coming back to it, of the entire economy, if you get reforms there, you could change a lot of needles in a lot of places. exciting news. coming up at 8:00, markets, the fed, am amazon -- and amazon. more on the today market selloff. this is bloomberg. ♪ we use our phones and computers the same way these days. so why do we pay to have a phone connected when we're already paying for internet? shouldn't it all just be one thing? that's why xfinity mobile comes with your internet. you can get 5 lines of talk and text included at no extra cost. so all you pay for is data. choose by the gig or unlimited. and now, get a $200 prepaid card when you buy an iphone. it's a new kind of network designed to save you money. call, visit, or go to xfnitymobile.co

athey always refer to meade was master sergeant.ge.they really appreciate the military family, and it really shows. we've got auto insurance, homeowners insurance. had an accident with a vehicle, i actually called usaa before we called the police. usaa was there hands-on very quick very prompt. i feel like we're being handled as people that actually have a genuine need. we're the webber family and we are usaa members for life. usaa, get your insurance quote today. >>> in case you hadn't heard, alabama and georgia kick off the national championship game tonight just after 8:00 p.m. aar eric is standing be with more. >> two steams from the same conference, it looks like great business with ticket prices skyrocketing more than ticket sales, let's face it, this is a made-for-tv event. espn pays more than $6 million a year to air the playoffs it's as small a playoff as you could possibly have, but 5ds are going for 1.2 million. that's why many believe the playoffs should expand some of the other stakeholders don't want to add --, from the t

on athey go to college pell grant which is why i am so glad they did away with the individual mandates. i have one more point. my stepdaughter came here from california. she is 38 years old. she doesn't work and hasn't worked in years. full medical. and to me that is unfair. and she gets medicines covered and everything. and before my mother was in a fsiing home, she was on because she was a waitress all my life and she didn't pay enough into social security making $.50 or two dollars an hour. veteran 100% a disabled and not only do i receive via a compensation, i received my social security disability, which evens out to $5,000 month. drew a little over 700 sick ande got down and was a permanent resident of a nursing home. my sister and i were in burger king one time and the manager about a memo and said all of his employees couldn't get over 20 hours a week because of the affordable care act. so that is why a lot of people are working to part-time jobs. i know people who work 20 hours at mcdonald's and then go to hardees. is there full-time they are required to have the affordable ca

athey always refer to meade was master sergeant.ge. and it really shows. we've got auto insurance, homeowners insurance. had an accident with a vehicle, i actually called usaa before we called the police. usaa was there hands-on very quick very prompt. i feel like we're being handled as people that actually have a genuine need. we're the webber family and we are usaa members for life. usaa, get your insurance quote today. >>> the house voting to fund the government through the end of february now what could be the hard part is getting it through the senate joining us now is ohio senator rob portman. senator, good to see you do you know the very latest on what's happening at this point a couple republicans are out are there 10 or 11 democrats that are still a possibility here, do you know? >> absolutely. i mean, look, it's an unusual situation because you have a spending bill that's going to come before the senate that no one really objects to on the other side in other words, there's nothing in it they don't like. in fact, one of their