i'm bart chilton. coming up artie's holland cook joins us from las vegas to talk. plus wall so talk cyber crime and what to expect this year with todd shipley of various software and later we'll discuss a big trade deal with the french airline manufacturer air bus and french president emmanuel mccrone and finally we'll discuss the economics of the new now let's get to the top stories and this is the financial headline. yesterday president trump addressed the now the american farm bureau on a range of issues including nafta the north american free trade agreement the o.p.o. crisis and regulation while many listeners were hoping to hear more about the administration's plans on rita go shading the nafta the president only repeated familiar language about getting a better deal the president also touted the release of a report from a task force on rural america in the report it says that of the five key areas of concentration for rural america increasing internet connections is vital well yeah like they said in the jerry maguire movie show me the money it is unfortunate

see i'm bart chilton. and coming up might the one hundred twenty five year old general electric company beyond the breakup path actually bank starts our conversation about what that might mean and have you given or received a counterfeit gift millett chan will help explain a lot most of us don't know but stay tuned you will and as digital currencies crater we'll talk about what can help ensure that digitals do the bulk and live long and prosper plus atocha sweet looks at the economic and horrific human impact of those california mudslides but first let's get to a few of the business and financial headlines. recent bank earnings statements paint a surprisingly didn't pitch or for some of the biggest names in the sector heads turned yesterday when citi group the noun to bigger quarterly loss ever eighteen point three billion dollars city took a onetime hit of twenty two billion dollars from changes to the tax law the loss came out to seven dollars and fifteen cents per share about three billion of that twent

bart chilton. >> when we come back, magazine legend tina brown is with us for her take on harassmentworkplace, the state of media and a lot more we're over an hour into the trading session. dow is up 80 points, s&p awfully close to a record high back in a minute we offer our price match guarantee too. and if that's not enough... we should move. our home team will help you every step of the way. still not enough? it's smaller than i'd like. we'll help you finance your dream home. it's perfect. oh, was this built on an ancient burial ground? okay... then we'll have her cleanse your house of evil spirits. we'll do anything, (spiritual chatter) seriously anything to help you get your home. ally. do it right. berkshire hathaway board >> it's part of a movement towards succession over time they are the two key figures. >> the owners should be very happy about it these people do some things better than warren does. >> yeah, a lot better. >> they're both got berkshire in their blood. it's very good for berkshire and even better for me >> blackstone's byron wien says there's one area of the m

there are military and sitting in for bart chilton who is on assignment in davos at the world economic forum the future of cryptocurrency is a big topic their part manage to catch up with one c.e.o. in davos who says that kryptos future could be the same as the internet here's bart with alex gordon brand new or a mega one. and we're back here in davos at the world economic forum and we've got a real treat for you when they have all these panels here in davos there are some standouts and we have a standout rockstar for you here today with us right on boom bust and he's the c.e.o. of omega one alex gordon bender who used to work with the largest hedge fund in the world bridgewater alex thank you for being with us it's a pleasure to have you here thank you so much for having me alex you reached out to me last year because one of the things that some porton to you at omega one and you personally is to do things in a transparent aboveboard way and you want to ensure that you abide by all the rules and regulations and you actually do more than is needed and disclosure for our viewers advisin

commodity futures trading commission bart chilton bart nice to have you with us tonight all right what does the president say about the economy how far does he take that down the road tonight the credit chuck schumer today was saying wait a minute the obama years weren't bad what he was handed and the economy that was handed to donald trump was not in bad shape although the market has jumped up thirty plus percent where does the president go tonight well he's going to gloat about the market and how many times has been market increases a new records and that's a good thing and he has a lot to be proud of in that regard now global markets have gone up two so it's not just the u.s. market that we've seen go up but certainly the tax reform bill that was passed that's a big boon to the economy the democrats will argue whether or not who's it's really helping. but there's no denying that a tell ping businesses and we've seen even some of those businesses you've reported on the news at reed having bonuses for their workers so that's a good thing he'll talk about that but the real question for

i'm bart chilton. coming up artie's holland cook joins us from las vegas to talk. plus wall so talk cyber crime and what to expect this year with todd shipley of various software and later we'll discuss a big trade deal with the french airline manufacturer air bus and french president emmanuel mccrone and finally we'll discuss the economics of the new now let's get to the top stories that business and financial have. late yesterday president trump addressed the now the american farm bureau on a range of issues including nafta the north american free trade agreement the o.p.o. crisis and regulation while many listeners were hoping to hear more about the administration's plans on rita go shading the nafta the president only repeated familiar language about getting a better deal the president also touted the release of a report from a task force on rural america in the report it says that of the five key areas of concentration for rural america increasing internet connections is vital well yeah like they said in the jerry maguire movie show me the money it is unfortun

have to do to get ready for the biggest economic meeting in the world let's go back now over to bart chilton who's there in switzerland. for most of the year davos switzerland is a quiet town of under twelve thousand people as the highest town in europe amongst the swiss alps most of the winter is about snow and winter sports there skiing and snowboarding and skating but the week before and the week of the world economic forum this city shifts and tremendously transforms fashion during the forum week one is as likely to see folks on sidewalks with old school wingtip shoes and briefcases as they are with people with skis boots and poles even buildings shape shift just days ago there's a pizzeria dance club that is transformed into what is now called crypto h.q. a local wander a shop blue lemons for this week is a temporary home to sales for the cloud computing company costs for these rentals can run in the tens even hundreds of thousands of dollars a church was even transformed for the week into a money making venture is they rent out the establishment even nations like argentina and ukraine

this is boom bust i'm bart chilton broadcasting from washington d.c. . today the bureau of labor statistics released their new jobs report predicts december and the unemployment rate remains at four point one percent for the third straight month we'll dig deeper into the details then take a little trip around the world and look at unemployment around the planet and what's in store for energy sector in twenty eight teen there's a heck of a lot going on as well as tyson slocum for his take now let's get to the top stories in business and finance. u.s. tech stop started in twenty eighteen on a highway tech stocks outperformed health care energy and real estate with the tech sector averaging thirty four percent gains across the pond also the results are the same there despite brics it concerns investors broke all records for the u.k.'s technology sector with u.k. based firms attracting more than two billion dollars in new funding financial tech were fin tech was the u.k.'s leading investment sector like in the us for last year firms like trans wire funding c

there are military and sitting in for bart chilton who is on assignment in davos at the world economic forum the future of cryptocurrency is a big topic their part manage to catch up with one c.e.o. in davos who says that kryptos future could be the same as the internet here's bart with alex gordon brand new or a mega one. and we're back here in davos at the world economic forum and we've got a real treat for you when they have all these panels here in davos there are some standouts and we have a standout rockstar for you here today with us right on boom bust and he's the c.e.o. of mega one alex gordon bender who used to work with the largest hedge fund in the world bridgewater alex thank you for being with us it's a pleasure to have you here thank you so much for having me and that by alex you reached out to me last year because one of the things that's important to you at omega one and you personally is to do things in a transparent aboveboard way and you want to ensure that you abide by all the rules and regulations and that you actually do more that is needed and disclosure for our

i'm bart chilton and not just filling in this time i'm actually in over the years i've been a guest on myriad television program then radio program i was a guest with ed show on his show radio and t.v. and when the news with ed schultz began here at r.t. america i was pleased to join him on occasion and last year i had the good fortune to meet lindsay france the former host of this show boom bust and enjoyed being her guest so thanks to lindsey france and especially thanks to ed schultz and to the experience an expert management here at r.t. america really pleased to host the program and now i get to question more and i can't think of a more important time in my life to be doing so there's more social economic and political turbulence and tumble even a little trouble than i've ever seen in my life my pledges to keep boom bust fun entertaining and lively but to ensure that we do what i've tried to do throughout my career and to let folks in on what's going on not just in washington and other capitals around the world but on wall street and in global financial centers the intersection be

i'm bart chilton. coming up we'll take stock of equities get it sorry probably too soon we move fast around here we'll take stock of equities n f well listen of stocks to do an analysis of some key companies and analyze their performance plus holland cook of the big picture tells us why baby boomers. might be the most money consequential generation out there and we go to miami for the north american bit of a bit coin conference and then talk to jeffrey tucker of the american institute for economic research who's there for the conference but first let's get to a couple of stories topping today's business and financial headlines net neutrality the principle that internet providers like comcast and others and local internet and television service providers must treat all data on the internet the same and not discriminate or levy divergent fees by user content website platform or the app use that service providers business not discriminate that principle was overturned by the f.c.c. the federal communicati

this is boom bush coming to you from the world economic forum in davos switzerland i'm bart chilton coming up we have luca visentin who is the general secretary of the european trade union confederation plus alex behala bitch tells us what canadian prime minister trudeau is going to be doing here in davos and lots more but first let's get today's business and financial headlines from back in the studio in washington with ashley banks. and the eleven nations that remain in the transpacific partnership or t.p. have agreed to a new fallback deal that they call the comprehensive and progressive agreement for transpacific partnership canadian prime minister justin trudeau announced the resurrection of the t p p in his address to the world economic forum and davos switzerland now one year ago u.s. president donald trump pushed by a grassroots movement with it drew from the t p p. metron by ministration has announced tariffs on imported washing machines and solar panels the tariff thirty percent on solar panels and fifty percent on washing machine washing machines while phase out after three to f

this is boom bus coming to you from the world economic forum in davos switzerland i'm bart chilton coming up we have a look at this and t.d. who is the general secretary of the european trade union confederation plus alex behala bitch tells us what canadian prime minister trudeau is going to be doing here in davos and lots more but first let's get today's business and financial headlines from back in the studio in washington with ashley banks. and the eleven nations that remain in the transpacific partnership or t.p. have agreed to a new fallback deal that they call the comprehensive and progressive agreement for transpacific partnership canadian prime minister justin trudeau announced the resurrection of the t p p and his address to the world economic forum and davos switzerland now one year ago u.s. president donald trump pushed by a grassroots movement with it drew from the t p p. metron by ministration has announced tariffs on imported washing machines and solar panels the tariffs thirty percent on solar panels and fifty percent on the washing machine washing machines while phase out

i'm bart chilton. and coming up we cover president trump's first formal state of the union speech as nicholas o'donovan considers the president's year one economic report card and we discuss economic measurements like consumer confidence and markets with financial author jeffrey small plush ashley banks talks with c.e.o. of peak prosperity chris martenson about what he calls the everything's bubble and before we go away and with my take on what i hope the president will say and how you might say it all that's coming up but first let's hit some business and financial headlines. amazon bircher halfway and j.p. morgan are partnering to create a new separate health care company to serve their employees they also say the effort will focus on the long term and will be quote free from profit making incentives and constraints analysts suggest that a high powered partnership could change the health care market amazon is the world's largest retailer and j.p. morgan chase has the most assets of any u.s. bank but

bart chilton. coming up some apple shareholders want to test the effects of i phone and its addictive tendencies plus the new year is here but what's in store for commodities in twenty eighteen in a few minutes we will be joined by peter schiff the euro pacific capital for a look into what to expect and later we'll talk about the looming government shutdown showdown and about how it could actually cause all of us money now let's get to the top stories in today's business and financial headlines. apple is being pushed by two significant shareholders to investigate the risk of i phone addiction among children and adolescents activist shareholder firm general partners and the california state state teachers' retirement system cal stirrers wrote to apple over the weekend to suggest that apple look into the development of software that would enable the parents to place time limits on their kids' smartphone usage and research the broader effects of smartphone use on mental health two entities writing to

i'm bart chilton. coming up the north american bitcoin conference started today in miami it will head there for a report from archies nicholas o'donovan and then talk live with jeffrey tucker of the american institute for economics was there. and we go to tucson not far from the border wall and talk with todd miller author of storming the wall plus we'll discuss the economic impact of sexual harassment in the hospitality industry that's all coming up but first let's get to a few headlines. the intercontinental exchange ice which owns the new york stock exchange has announced that they will join with the start up a block stream to launch a data feed that will acquire information from more than fifteen digital currencies from around the world and deliver that data to financial firms the ice decision related to this digital currency space once considered fully on the fringe of financial systems shows that more mainstream financial analysts could be looking to invest in digital currencies and the underlyin

bart chilton. coming up we'll take stock of equities get it sorry probably too soon we move fast around here we'll take stock of equities and half of a list of stocks to do an analysis of some key companies and analyze their performance plus holland cook of the big picture tells us why baby boomers might be the most money consequential generation out there and we go to miami for the north american bit coin conference and then talk to jeffrey tucker of the american institute for economic research who was there for the conference but first let's get to a couple of stories topping today's business and financial headlines net neutrality the principle that internet providers like comcast and others and local internet and television service providers must treat all data on the internet the same and not discriminate or levy divergent fees by user content website platform or the app use that service providers business not discriminate that principle was overturned by the f.c.c. the federal communications c

i'm bart chilton. and coming up we cover president trump's first formal state of the union speech as nicholas o'donovan considers the president's year one economic report card and we discuss economic measurements like consumer confidence and markets with financial author jeffrey small plush ashley banks talks with c.e.o. of peak prosperity chris martenson about what he calls the everything bubble and before we go our way and with my take on what i hope the president will say and how he might say it all that's coming up but first let's hit some business and financial headlines. amazon bircher halfway and j.p. morgan are partnering to create a new separate health care company to serve their employees they also say the effort will focus on the long term and will be quote free from profit making incentives and constraints analysts suggest that the high powered partnership could change the health care market amazon is the world's largest retailer and j.p. morgan chase has the most assets of any u.s. bank bu

i'm bart chilton coming up one of the bright spots of the new us tax reform bill is the retention of a seventy five hundred dollars tax credit for electric powered vehicles will ask the car coach cool name right the car coach lauren fix if that will make a difference for automakers individuals and maybe even the planet plus our bond markets about to make major moves west brian gold martin of the trinity asset management group now let's get to those today stories topping the business and financial headlines. january third marks bit coins ninth birthday its total market cap is worth over two hundred billion dollars and a single coin is worth just about fifteen thousand dollars we'll give you the exact number at the at the break however other crypto currencies are also making waves digital currencies like ripple is now the second crypto currency by market value with a cap of over one hundred ten billion dollars by the way topping out a bit coin and ripple is light and a theory of light coin and a theory m but ripples price has tripled its rallied more than forty five thousand percent in

with now is that the granularity of data and the need for alternative data really knowing who bart chilton is not who we think he is and they're going back to the original contracts or going back to the paper and the real estate of unstructured data we don't have a little bit of time but i want you to quick take one this big data is now being used by. enforcement folks agencies like my old agency and around the world and europe all exactly how are they doing that and are they going after money laundering are they going after which you know things that are being used for drug trafficking and weapons etc well i can't speak to all those items that i would say the technology the learning capabilities that are on the street or becoming available will start to facilitate this but i'm telling you about you know as well as i do a lot of that's man you know the stuff that you got when you were at the regulators you know crazy last thing real quick artificial intelligence can you give us you know fifteen seconds on how artificial intelligence plays into big data artificial intelligence a plane a big

and bart chilton. we are back in the saddle again here in d.c. and it is a busy week ahead president from state of the union speech on tuesday and by the way a programming note of special coverage starting at eight thirty pm tomorrow night plus the federal reserve open markets committee meets mid week and friday is jobs day with the new employment numbers a jam packed week but for today here's what we have on tap first actually back banks helps us take a look at net worth and the wealth gap and extreme poverty in the united states and why i asked david henderson of the hoover institution about wealth inequality around the world the tosh of sweet looks at border security and those doco dreamers that still are out there needs to be a problem these days saul and alex mahela big trip or funny global trade amid some recent statements by president trump and others and before we get going heard by dr pepper creating the biggest beverage go home left on the planet that and more plus we'll get to the boom busting headlines right now amazon the world's lar

when the president definitely made a lot of promises to coal country green jobs your thoughts bart chilton there wasn't much talk about that a davos was there go there was it but this whole regulation you know he's reducing regulations it's really a little bit unclear so he uses it he says that there's three parts to stool reducing regulations tax cuts and then infrastructure and of those regulations is really undefined other than we know that he's cut back on some of our mental energy regulation in the financial space he hasn't talked a lot but hasn't done that much and i think it's going to be this year when the people are really in place that we need to either watch out or be clapping depending upon your perspective but so far i'm not sure if you could say it was this regulation or this regulation and it is somehow increase the economic fuel injected the economy not that i can see actually scott email use there's a lot of talk about what the poll numbers are of the president right now but i think we all get a pretty good sense that the only number he cares about is jobs absolutely and t

i'm bart chilton coming up one of the bright spots of the new us tax reform bill is the retention of a seventy five hundred dollars tax credit for electric powered vehicles will ask the car coach cool name right the car coach lauren fix if that will make a difference for automakers individuals and maybe even the planet plus our bond markets about to make major moves west brian gold martin of the trinity asset management group now let's get to the today's stories topping the business and financial adeline's. january third marks bit coins ninth birthday its total market cap is worth over two hundred billion dollars and a single coin is worth just about fifteen thousand dollars we'll give you the exact number at the at the break however other crypto currencies are also making waves digital currencies like ripple is now the second crypto currency by market value with a cap of over one hundred ten billion dollars by the way topping out a bit coin and ripple is light and a theory of light coin and a theory m but ripples price has tripled its rallied more than forty five thousand percent in

this is boom bust i'm bart chilton broadcasting from washington d.c. . today the bureau of labor statistics released their new jobs report predicts december and the unemployment rate remains it four point one percent for the third straight month we'll dig deeper into the details then take a little trip around the world and look at unemployment around the planet and what's in store for energy sector in twenty eight there's a heck of a lot going on as well as tyson slocum for his take now let's get to the top stories in business in finance. u.s. tech stop started in twenty eighteen on a highway tech stocks outperformed health care energy and real estate with the tech sector averaging thirty four percent gains across the pond also the results are the same there despite brics it concerns investors broke all records for the u.k.'s technology sector with u.k. based firms attracting more than two billion dollars in new funding financial tech or fin tech was the u.k.'s leading investment sector like in the us for last year firms like trans wire funding circle an

bart chilton. coming up we take a look at north american free trade agreement and the foreman on the in why the president trumps speech to the farm bureau this week plus our data wrangler pam peck citron the c.e.o. of tendou system is in the house to talk big data in twenty eighteen and ashley banks looks at the new owner of essence magazine but first let's take a look at the business and financial headlines. china is quietly closing down the mining operations that produce bitcoin another digital currencies roughly three quarters of these operations are believed to take place in remote areas of china due to the cheap electricity in cooler temperatures last week the chinese regulators ordered local officials to create an orderly exit for mining operations the group said mining has used quote huge amounts of resources and stock speculation local authorities have been encouraged to use things such as electricity prices and taxes to suppress the mining the order did not specify a deadline but does requ

i'm bart chilton and i'm not just filling in this time i'm actually in over the years i've been a guest on myriad television program then radio program i was a guest with ed schultz on his show radio and t.v. and when the news with ed schultz began here at r.t. america i was pleased to join him on occasion and last year i had the good fortune to meet lindsay france the former host of this show boom bust and enjoyed being her guest so thanks to lindsey france and especially thanks to ed schultz and to the experience an expert management here in america really pleased to host the program and now i get to question more and i can't think of a more important time in my life to be doing so there's more social economic and political turbulence and tumble even a little trouble than i've ever seen in my life my pledges to keep boom bust fun entertaining and lively but to ensure that we do what i've tried to do throughout my career and to let folks in on what's going on not just in washington and other capitals around the world but on wall street and in global financial centers the intersection b

i'm bart chilton. coming up the north american point conference started today in miami we'll head there for a report from artie's nicholas donovan and then talk live with jeffrey tucker of the american institute for economics was there. and we go to tucson not far from the border wall and talk with todd miller author of storming the wall plus we'll discuss the economic impact of sexual harassment in the hospitality industry that's all coming up but first let's get to a few headlines. the intercontinental exchange ice which owns the new york stock exchange has announced that they will join with the start up block stream to launch a data feed that will acquire information from more than fifteen digital currencies from around the world and deliver that data to financial firms the ice decision related to this digital currency space once considered fully on the fringe of financial systems shows that more mainstream financial analysts could be looking to invest in digital currencies and the underlying block

i'm bart chilton. we are back in the saddle again here in d.c. and it is a busy week ahead president from state of the union speech on tuesday and by the way a programming note ed schultz will a special coverage starting at eight thirty pm tomorrow night plus a subprogram reserve open markets committee meets mid week and friday is jobs day with the new employment numbers a jam packed week but for today here's what we have on tap first actually bad banks helps us take a look at net worth and the wealth gap and extreme poverty in the united states and why ask david henderson of the hoover institution about wealth inequality around the world the tosh of sweet looks at border security and those doco dreamers that still are out there needs to be a problem needs to be salt and alex mahela big trip or funny global trade amid some recent statements by president trump and others and before we get going heard by dr pepper creating the biggest beverage to home with on the. manage that and more plus we'll get to the boom busting headlines right now amazon th

i'm bart chilton. coming up in our tease holland cook joins us from las vegas to talk back plus walsall talk cyber crime and what to expect this year with todd shipley of vera software and later we'll discuss a big trade deal with the.

i'm bart chilton coming up one of the bright spots of the new us tax reform bill is the retention of a seventy five hundred dollars tax credit for electric powered vehicles will ask the car coach cool name right the car coach lauren fix if that will make a difference for automakers individuals and maybe even the planet plus our bond markets about to make major moves west brian gold martin know of the trinity asset management group now let's get to those today stories topping the business and financial adeline's. january third marks bit coins ninth birthday its total market cap is worth over two hundred billion dollars and a single coin is worth just about fifteen thousand dollars we'll give you the exact number at the at the break however other crypto currencies are also making waves digital currencies like ripple is now the second crypto currency by market value with a cap of over one hundred ten billion dollars by the way topping out a bit coin and ripple is light and a theory of light coin and a theory m but ripples price has tripled its rallied more than forty five thousand perce

this is boom bus coming to you from the world economic forum in davos switzerland i'm bart chilton coming up we have a look at this and t.d. who is the general secretary of the european trade union confederation plus alex behala bitch tells us what canadian prime minister trudeau is going to be doing here in davos and lots more but first let's get today's business and financial headlines from back in the studio in washington with ashley banks. and the eleven nations that remain in the transpacific partnership or t p p have agreed to a new fallback deal that they call the comprehensive and progressive agreement for transpacific partnership canadian prime minister justin trudeau announced the resurrection of the t p p in his address to the world economic forum in davos switzerland now one year ago u.s. president donald trump pushed by a grassroots movement with it drew from the t p p. the drug administration has announced tariffs on imported washing machines and solar panels the terror of thirty percent on solar panels and fifty percent on washing machine washing machines while phase out af

i'm bart chilton. and coming up we cover president trump's first formal state of the union speeches nicholas o'donovan considers the president's year one economic report card and we discuss economic measurements like consumer confidence and markets with financial author jeffrey small plush ashley banks talks with c.e.o. of peak prosperity chris martenson about what he calls the everything bubble and before we go our way and with my take on what i hope the president will say and how he might say it all that's coming up but first let's hit some business and financial headlines amazon berkshire hathaway and j.p. morgan are partnering to create a new separate health care company to serve their employees they also say the effort will focus on the long term and will be quote free from profit making incentives and constraints analysts suggest that the high powered partnership could change the health care market amazon is the world's largest retailer and j.p. morgan chase has the most assets of any u.s. bank.

his name is bart chilton.what this means, bart, if you're in any way affiliated with merrill lynch you can't put your clients into bitcoin. is that roughly right? seems to be a big negative for bitcoin? >> well it's a negative for bitcoin, stuart but it's a negative i think for merrill lynch and b-of-a. i know they're trying to protect investors. i get that. but, a lot of investors want to get into digital. so there are now these 17,000 investors at merrill who can't make the transaction for their customers. and you know, a lot of folks in the institutional world have been afraid of digital currencies. first, some pretty darn good reasons but smaller investment advisors are starting to take it on. i think we're really seeing the maturation of the digital economy for a number of reasons. so you're going to see a little bit of, you know, shaking things out. merrill iserring on the side of being cautious, i think others will get into it, particularly now seeing futures trading in bitcoin, stuart. stuart: okay. i