. >> i heard major barton is looking for men. >> are you going to volunteer? >> major barton. were looking for volunteers. why are you checking your credit score? you don't want to ride the 13l forever, do you? the doctor said it's not contagious. [coughing] credit karma, huh? yeah, it's free. credit karma. give yourself some credit. mcould be great on the outside,k ofnot so great on the inside. her advice? strengthen both. go pro with crest pro-health advanced. it's uniquely formulated to strengthen teeth inside... ...and is better at strengthening the outside... ...than colgate total. my check-up was great. my hygienist told me to try... ...a mouthwash. so i tried crest. it does so much more than give me fresh breath. crest pro-health mouthwash provides all... ...of these benefits to help you get better dental check-ups. go pro with crest pro-health mouthwash. checkup? nailed it. this artoo unit must be delivered to the rebellion. come on artoo! ♪ artoo! welcome to the rebellion. ♪ this is for you. duracell and children's miracle network hospitals are powering imaginations e

afterft cabin john turns into claracla barton. we'll keep you updated on thatet closure and when things are are able to reopen much as youas y make your way out for yourr from that traffic on alltraffioa inbound bridges looking gunookig the beltway is quiet.. problem free on 50 headingeadi inbound from annapolis. annapol. keep in mind if you're heading out by the white house today whi we have the national christmasnn tree lightinalg c taking place.. road closures kick in as earlysy as 2:30 p.m.p.m. we'll take a close look at all of those road closures with w your next look at traffic.

the other is at the clara barton sweeney. sam: we have better news along the clara barton parkway. it has reopened after a several-hour death investigation, involving an accident that took place. take a look at the video. this happened just before 1:00. the car on the maryland side of the clara barton parkway just after the glen echo circle, went over the median and hit a tree, burst into flames. one can was able to get out, but the second person was killed. they tried to put out the flames, but it was too late to get that person out. the investigation when all my long. the clara barton parkway right now is reopened. jummy: 6:47 right now. more breaking news overnight from alexandria. a man found dead outside of a park in old town. this is a look at the scene. police got a shawl -- police got they found the body when they got on the scene. we are trying to get you more information. the victim was 41 years old and not a resident of the city of alexandria. autria? autria: new developments this morning out of tennessee as wildfires there continue to burn. crews found three more bodies

afterft cabin john turns into claracla barton. we'll keep you updated on thatet closure and when things are are able to reopen much as youas y make your way out for yourr from that traffic on alltraffioa inbound bridges looking gunookig the beltway is quiet.. problem free on 50 headingeadi inbound from annapolis. annapol. keep in mind if you're heading out by the white house today whi we have the national christmasnn tree lightinalg c taking place.. road closures kick in as earlysy as 2:30 p.m.p.m. we'll take a close look at all of those road closures with w your next look at traffic. wisdom and maureen. and >> coming from fox5 newsing morning a suspect is inspecis i custody accused of starting stan two of the tennessee wildfires.wi >> major league baseball andeagu the players union reach ach >> as we head to break a livee look across the d.c. region. rio it is 5:08 right now and 56 degrees. more fox5 news morning after d r the break.e b >> ?? >> ?? >> 5:09 is the time.>> setting two of the wildfires which have ravaged parts ofger

rin.n. >> well, right now 4:45 gary and we are tracking breaking news on clara barton parkwayarrn app fatal crash earlier thishis morning completely closing a csi clara barton parkway in both directions between chain bridge road and the glen echogeo turn around.turnroun now because of that fatal f crash investigation you canstio see the red on the map. all traffic force to do divert r at chain bridge and glen echo.l. to get to and from the beltway gw parkway river road.oa the closure on clara barton is south of cab john -- cabinab john.hn this could cause a lot of additional traffic app thosepp t alternate points as well as the parkway so please allow for extra time. tim we'll let you know as soon as we hear from park police whenol they're able to reopen that t stretch of clara barton. bar traffic in northern marylandthny looking good.lookinoo let's take a live look outsidese at some of our cameras. cameras want to check the beltway to through college park.chroh collg tends to get more volume laterlm in the morning.in theorni awake as you pass colesvilleesvi road. however from 95 to g

. >> i heard major barton's looking for men. >> are you gonna volunteer? >> major barton! were looking for volunteers. people say, let's just get a sandwich or something. "or something"? you don't just graduate from medical school, "or something." and we don't just pull smoked chicken, bake fresh foccacia and hand-slice avocado. there's nothing "or something" about it. mone hundredts thousand times a day, sending oxygen to my muscles. again! so i can lift even the most demanding weight. take care of all your most important parts with centrum. now verified non gmo and gluten free. (vo) it's the holidays at verizon, and the best deals are on the best network. with no surprise overages, you can use your data worry free and even carry over the data you don't use. and right now get four lines and 20 gigs for only $40 per line. you'll even get the samsung galaxy s7, the pixel phone by google, or the motoz droid for only $10 per month. hurry, these offers end soon. get the best deals and the best network, only on verizon. if you have moderate to severe plaque psoriasis, isn't it

mark: i'm mark barton. let's get over to the latest.il: we have a rally among the chip stocks. goldman has added lam research to its conviction research. also initiated coverage on kla-tencor with a buy rating. that stock is right about flat. overall energy is down slightly. we have gulfport energy nicely higher. upgrade to buy at guggenheim. plus williams was upgraded to an outperform at morgan stanley and we have a relation of coverage and ever core. some strikes here in energy. the latest onead, that french verdict in the case of the imf chief christine lagarde. we are live in paris. this is bloomberg. ♪ generosity is its own form of power. you can handle being a mom for half an hour. i'm in all the way. is that understood? i don't know what she's up to, but it's not good. can't the world be my noodles and butter? get your mind out of the gutter. mornings are for coffee and contemplation. that was a really profound observation. you got a mean case of the detox blues. don't start a war you know you're going to lose. finally you can no

mark: i am mark barton. this is your global business report.ne lagarde fights her conviction in paris court. uber: a tough year for .they lost $2 billion in nine months . venezuela, the oil dependent country, facing tough times. many are asking if it is time for the leader to go. julie: the international monetary fund executive board confirming backing christine lagarde despite her negligence conviction in paris court. speaking in washington, she thanked the board and is happy to not appeal the decision. >> i am not satisfied with it, but there is a point in time when one just has to stop, turn the page, and move on. to continue to work with those that have put their trust in me. was convicted for failing to overturn a 290 $6 million payout to a businessman in an arbitration case. a decade ago. she will not face a prison term or fine. mark: a great to buy the bank of mba credit card business in britain. the all-cash deal comes as the british lender looks to expand and consumer finance. add 805ncial and will million dollars in revenue, a equival

mark: i am mark barton.heck in on bloomberg's first word. >> 60% of voters say the carrier ofl, which saved the jobs about 1000 jobs in indiana, use them a more favorable view of the president-elect. 74% say they support raising that on u.s. companies outsource manufacturing jobs. 51% say it is acceptable for the president and vice president to negotiate directly with private businesses. defense secretary ash carter says the u.s. will give back nearly 10,000 acres of land on okinawa to the japanese government. it was used for jungle warfare training. >> we share your commitment to the realignment and are prepared to make the largest land transfer in the history of our alliance. and i can confirm to you that we share your objective. >> the giveback has been in the work for 20 years. russia says the u.s. has declined to meet on syria this week he at -- this week. foreign minister the two countries were closed to a deal to let rebels leave aleppo. in south korea, president park geun hye is willing to step down

i am mark barton.ie: no contest. i am julie hyman in new york. this is "bloomberg markets." unveiled their anticipated budget for 2017. the first under saudi arabia's unprecedented plan to overhaul the economy and end the kingdom's reliance on oil. for the highlights, let's bring in riyadh hammadi, joining us from our bureau in dubai. when you look through the budget, which has been trickling out to a degree, what stands out and what of the big takeaways? isadh: what stands out to me the very strong commitment to reducing the budget deficit. they have said that their deficit this year in 2016 is slightly lower than expected. 7.7% of gdpedicted for the next year, which is lower than the imf expected, and their main scenario, and they have several scenarios for this, and they are predicting a surplus of earlier in 2019. the main driver of this reduction is that this year was reduction in spending, they spent less than they expected to , but going forward, spending is expected to increase again and it is

mark: i'm mark barton.al future is uncertain as voters reject a constitutional referendum. -- pierreinci ways in ghs in.ci ways in -- -- 12 years after life in south africa. julie: italy has fallen into political limbo. the prime minister is resigning rejected as constitutional reform referendum he supported. italiana referendum on politics, the italian constitution. enzi was a strong prime minister who led stroh economic -- strong economic reforms. donald trump has a warning for u.s. companies moving jobs to other countries would be a very expensive mistake. companies that move manufacturing out of the u.s. would face a 35% tariff when they bring products back into the country. to reduceid he plans taxes and regulations on business. volkswagen will take on uber as it tries to bounce back from the emissions scandal. will initially focus on ride hailing and car sharing. it will roll out in two european cities next year. testing out self driving cars in japan. the automaker hopes to use the technology by 2019

i'll mark barton am mark barton. this is "bloomberg markets." fingers crossed. get to bloomberg first news. syria, the evacuation of aleppo has begun. syrian activist said people started orting buses and ambulances for the journey out of the city, which has been under siege for months. it amounts to a rebel surrender of the strongholds, and syrian forces now control nearly all of aleppo. theresa may in brussels for the meeting of the european union leaders. those officials are going to talk about europe's future over dinner, but may is not divided and she says she's fine with that. >> i welcome the fact that the other leaders will be meeting to discuss brexit tonight and we are going to invoke article 50 for negotiations by the end of march next year. it is right there is leaders prepare for those negotiations as we have been preparing. we want that to be a smooth and orderly process, not just in our interest that the interest of europe, as well. parts iny is taking the discussions up integration, and migration. jurors will decide if the man accused in the shoot

barton has until five january to respond to the charge.n a one—month suspension by the scottish football association for betting on matches this season during his brief spell with rangers. barton is due to rejoin burnley in january, for the remainder of the season. world rugby say they want more information from the rugby football union about how northampton handled george's north's latest head injury. the wales international has had problems with concussion in the past. a panel ruled this week that the saints won't face any sanctions relating to the incident. north didn't feature last night for his club, who ended a four—match losing streak by beating sale sharks 2a—5. northampton ran in three tries against sale, who have now lost seven in a row. while in the pro 12, ulster moved fourth in the table, after beating connacht 23—7. stuart mcclos key scored the first of their two tries. the defending pdc darts world champion, gary anderson, is safely through to the third round at the alexandra palace. the ‘flying scotsman‘ fired in six maximu

we're following breaking news on the clara barton parkway. the morning commute. justin, good morning. that's right. we're off the macarthur boulevard. you can see behind me, car after car having to make their way off the parkway onto the boulevard to find their way somewhere else this morning as a result of what is now a single car fatal crash there on the parkway. we do have an overhead view of the crash response there. the single vehicle wreck happened close to1: around and chain ridge road. that is right by the d.c. montgomery line. this car, we're told, not only just crashed but also caught fire leaving one victim dead and another injured. now at this point park police have not leased any details about those victims. so at this point this morning they're asking all drivers who rely on that roadway to plan alternatives. into the morning commute. back to you in the studio. >> justin finch. thank you. it's :03. the death toll is rising. fire investigators now say seven people died in those fiers. hundreds of buildings are damaged or gone. >> it is finally rainin

clara barton parkway shut down. that means inbound traffic will be stopped there at the turnaround, diverted onto macarthur. outbound traffic coming up now pushed onto outbound claim bridge. report of crash on the corner, not seeing any problem but wanted to warn you there. inner loop and outer loop rolling along. we want to remind you through december 21st on silver and orange lines. chuck bell telling me it's a little breezy outside. was running and my hair was flying. i don't know. was it me or the wind? >> about a 20-mile-an-hour wind for you roughly out there with a west to northwesterly breeze. the colder air really hasn't had a chance to settle in yet. the colder drier air will be settling in during the daylight hours so temperatures won't see much of a rise. we'll be in the upper 40s and low 50s. clear skies for this evening for the tree lighting. so if you're headed down to the south side of the white house, plan on temperatures to be in the 40s. be willing to hold onto your hats and hairpieces. it will be

clara barton parkway, a major out for so many people shut down. if you're coming inbound, traffic stopped at the your ultimate there, best thing to do. it's going to get quite busy too. beltway looking fine this morning. flying on 56 to the parkway. you're on time. it's going to take you nine minutes. we'll take a look at some metro situation coming up in just a few. >>> all right, melissa. thank you. it has provided mortgages for years, but now fannie mae's headquarters could become your new home. >>> plus, costly christmas. how much money will it take to >>> welcome back. one day you could live here. it's been the home of fannie mae since that building has been sold for $89 million to a japanese home building company partnering with dc-based roadside development. they plan to preserve the architecture in colonial williamsburg, virginia. >> it reminds me of everything that's beautiful about america and we need to embrace what's beautiful about america right now. >> fannie mae is moving downtown to 15th street. >>> new this morning we're getting a

mark: i am mark barton.ounting down to the european close, 13 minutes away from the wednesday equity session. let's get back to the markets. european stocks in the red today, they reach their highest levels of 2016 yesterday. let's head over to the head of global asset allocation. he joins us from paris. thank you for joining us today. trumpfh further has this lation trade got to go? i would say at least until january 20. the end of the year is the moment am playing, all the ones just a few in -- days of by year end. i would expect some kind of pause on the equities and the yield going up on bonds. mark: do you think it has overextended this rally in equities? have the economic policy which would confirm to exit some measures, which would lose the economic activity in real terms, but also in nominal erms. that means nominal gdp growth might have to go faster than expected. you the correspondents, if you catch the corporate tax rate from 25% to 30%, this would boost corporate earnings by 8%. 15%,u see it from

good morning washington im autria godfre right now - part of the clara barton parkway is shut down for that crash clean-up. let's get right to sam sweeney live on the scene.. first of december - dry & cool for national christmas tree lighti - next best chance for rain comes tuesday today: partly cloudy to mostly sunny. cooler & breezy. highs: 53-56 winds: w 10-15 g 25 mph tonight: mainly clear to partly cloudy. cold. lows: 30-38 winds: w 5-10 mph friday: partly cloudy to mostly sunny. seasonable. highs: 48-53 winds: w 5-15 mph breaking news in happening now in old town, near powhatan park. police say they got a call about a possible shooting. and when the got to the scene on colonial avenue, they found a body. the victim was pronounced dead at the scene. police are only identifying the person as a 41-year-old man. and in the district - a shooting overnight leaves one man dead. it happened around eleven last night. the victim was found on irvington street in southwest. he was taken to the hospital where he we're also following breaking news in washington state. a tacoma neighborhood is

mark: from london and new york, i am mark barton with julie hyman.finish seeing -- finishing the session up. i shall come to utilities in just the second. 4 forghest since october 2016 we are down by 6%. too late to change the rally in european sick uncle shares, that is the view -- cyclical shares, that is the view of deutsche bank. the sharpest bounce since 2010. , aing to equity bullishness weekly index compiled by citigroup showing a number of anna just analyst estimates to upgrades exceeded downgrades for the first time since 2011. let's talk about the best performing industry group in europe, it is the utilities. these are the big players in germany. they are both surging. this chart is back to 2011 and it will all make sense in just an hour. e.on having its biggest gain since february. entitled to power production rights. s said in a landmark ruling that the 2011 law that arose from the nations shift away to atomic energy failed to tackle compensation for companies that were committed to nuclear power production. it wouldiously said seek about

amk: and live from london i mark barton. the latest on the u.k.'it as the appeals hearing wraps up. they argued they are giving the prime minister the authority to leave the e.u. without parliament approval would "crucify human rights." joining us is patrick, scottish, welsh always a ramping up the pressure today. what were they arguing? : first and foremost they were saying they were not here to try to block brexit or stall it, but clarifying points constitutionally. we heard richard gordon, the may would bethat crucifying human rights without approval from parliament first. 4 come to a conclusion, we will not know the outcome until january. where do we stand after four days of intense hearing? justices doled out a healthy amount of skepticism for everyone. lord knew berger said the referendum act was at legislation back in parliament, did it concede power to the people then? they said it was a joint effort when we joined the european union itself between parliament. shouldn't leaving be a joint effort as well? and the supreme court overturned the

right now parts of clara oc barton parkway closed whiled il police try to piece together what caused this accident. >> and we're also gearing up for a holiday traditionsed re ae 2349 district. the lighting of the nationalng a christmas tree.re this year's star studded lineup coming up and details about some road closures in the area this afternoon.ernoon >> first though a live look livo outside. it's thursday morningin december 1st. we are finally done with thethhe rain. rain weather and traffic coming upinu on the 5's at 6:05. good thursday everybody, i >> and ipe i'm steve chenevey. . welcome to fox5 news morning. mi the accident will have a major j impact on your morning commute m on clara barton parkway. melanie alnwick live on the scene.ra balnwicsc mel, what's henappening?appenin? >> reporter: i can tell you telu that some of the carsom t occasionally are starting to stack up here on clara barton parkway.way. the accident happened around 12:45 is when montgomerymo county fire and rescue saysescua they responded to a single sin vehicle crash.ra now, it is about a mile and ae d h

barton was named championship player of the year in his previous stint with the club.t terminated. newcastle united midfielder jonjo shelvey has been banned for five games and fined £100,000 after being found guilty of using racially abusive language. shelvey was charged following an incident with wolves midfielder romain saiss in a 2—0 defeat in september. he has also been ordered to attend an fa education course. valtteri bottas' move to mercedes as lewis hamilton's team—mate and felipe massa's return to replace him at williams are close to completion. williams have agreed with massa for him to postpone his retirement for at least another year after mercedes made a pitch for bottas to replace nico rosberg. a deal for bottas to leave williams and join mercedes is also lined up and is set to be completed in the new year. team sky say they are confident uk anti—doping will find no wrongdoing when it publishes its report into the contents of a package delivered to the team in 2011. the package was handed over during the criterium du dauphine, an event won by sir bradley

i mark barton. let's check bloomberg first word news. parenti has more from our newsroom in new york. to pass agress needs stopgap spending the by midnight, or some government operations will have to feast. coal state lawmakers want a one-year extension for miners' benefits, instead of fix in there now. john mccain says there is very little doubt that russia interfered in the election. other republicans will join this probe. that will put them in conflict president-elect donald trump who downplays the possibility of a russian role in the election. the u.k. was to stay in the eu emissions trading system, once brexit is complete. that is according to officials familiar with the matter. greenhouse omissions across europe. it's unclear if the eu will allow the u.k. to remain after brexit. china's president xi jinping says he is certain that the country will reach its economic and cultural objective this year, according to its state run agency. it has surprised skeptics with three quarters of growth. they will further open the economy next ye

25 e minutes heavy traffic in tysonss also keep in mind cabin johnaboh inside the beltway to clara barton parked inbound.ound tons of congestion.t. let's take a look at our maps. p we also have some other delaysel to tell you about as we takeeak look at our rails. rls. green line trail malfunction ata mount vernon square delays thata both directions.ti wide view of our roads right non you can see that slow down in dn glenn echo also seein slow-moving traffic on gwc on gw parkway down towards 123. 123 key bridge from rosland intooslt scratch town is heavy yourheavyr secondaries in george everyrge y georgetown heavy as well look al the inner loop top side of thelo beltway in collegeop park, we hd georgia thick in with thatin wia congestion, they've minute dela from route 1 over to connecticut. and then northbound connecticut avenue just outside the beltway in kensington a sorth ybot ououts head h towards wheat didn't glenmont going to hit a delay.elay there's three lanes blocked at t university boulevard shoulderho getting by. one.t ot for that

j°ey joey barton will re—sign at burnley ona joey barton will re—sign at burnley on a short—term dealnd left to join championship player of the season last year, and left tojoin rangers. his contract there was terminated. newcastle united midfielder jonjo shelvey has been banned for five games and fined £100,000 after being found guilty of using racially abusive language towrds an opponent. shelvey was charged following an incident with wolves midfielder romain saiss in a 2—0 defeat in september. he's also been ordered to attend an fa education course. ona poor on a poor run of form, embroiled in a legal battle over their latest signing, these are tough times for sale sharks, sitting tenth and apprenticeship after losing the last five matches. another big—name signing could be in the offing. we have sat down with steve diamond. sale's players are struggling to see the wood from the trees. six defeats on the spin, albeit one of them to saracens, has turned the pressure on the sharks and their coach steve diamond. are you feeling the pressure? i am feeding the pressure, i don't like los

mark: i am mark barton. this is your global business reported. economy is showing signs of momentum but look at what is driving growth in the country. julie: coca-cola is trying to separate itself from ab inbev in africa. mark: at the historical look at syria's civil war. how did it start, and where is it headed now? spain's economy probably maintained its path supported by resilience in internal demand and intense job creation. that is according to the country's central bank, which estimates gdp will show an increase in output of .7% in the fourth quarter, unchanged from the prior three-month period. julie: the elian's chief economic advisor mohamed el-erian says sustaining the trump rally is not just about domestic policy. he says the u.s. has a better chance of enduring if trump can coax other nations to embrace reforms. he cautioned against overlooking the front to global markets. mark: coca-cola acquiring anheuser-busch inbev's stake in coca-cola beverages in africa. aba-cola will also buy inbev's interest in central africa and central ameri

joey barton has been charged by the football association for breaching their rules on betting.e placed 1,260 bets over a ten year period up to may this year. barton was also charged by the scottish football association for betting on matches this season during his brief spell with rangers. he was given a one—match ban which he'll serve at burnley after re—signing for them this week. he has untiljanuary fifth to respond to the latest charge. petra kvitova has left hospital and vowed to return to tennis. the double olympic champion was the victim of a knife attack in her home and needed a four hour operation on her hand. the surgery was successful but doctors say she won't be able to play again for six months. ben croucher reports. voiceover: the smallest of smiles after the most terrifying of traumas. bearing the scars from her ordeal, petra kvitova today addressed the public for the first time since the knife attack which could have cost her her career and nearly cost her so much more.|j am happy to tell you that i am feeling well. the medical staff, the policeman, and my team

mark: live from london, i am mark barton.nting you down to the european close, six minutes away. julie: i am julie hyman. templeton emerging markets -- emerging markets group says the currency has surged to the highest in more than a decade. asked what a donald trump presidency would mean for the currency? >> i think in the short-term the dollar isn't getting stronger but in the longer term, i think the heavy spending that he is going to bark on, not only in infrastructure but defense, will result in people starting to think that maybe this dollar shouldn't be as strong as it is now. we are probably going to see a weaker dollar. julie: in the wake of the brexit vote, mobius says politicians and central banks need to wake up to political risks around the world. >> i think they are beginning to realize that their policies are not working. they have been pushing on the strings, so to speak. be evening systems have to given up. they cannot continue them. europe see japan and moving in the direction that the u.s. is moving. julie:

i am mark barton with julie hyman.wo industry groups rose today, oil and gas on the non-opec deal in vienna over the weekend. utilities, the others all declined. it's the third decline in six days. sinceggest weekly gain january 201512 oil stocks rose on the back of that opec deal. sinces for the first time april 2015. the oil and gas index fell to the lowest since 2003 on january 20. it has rebounded by 40%. let's get to some of the individual corporate stories. gains,he biggest ever it's also a record high as well. pioneere agreed to buy global for 3.5 billion euros. will do is accelerate its growth in the u.s. and in europe. 22the way, this overseas billion euros in assets. eightl be the number asset manager in the world. the chief executive said he wants to be a european competitor to lack rock in the u.s.. shares are up by 5.4%. i want to come back to this that broke on a friday. did century fox tabled this for sky, the satellite broadcaster. up.es shot this is a today chart. now, nine pounds 73, -- so saythis won

some people were months. >> reporter: barton's bagel's opened up a month later. ile he says he watches the forecast closely just in case he needs to prepare for another flood, he is not too worried about this storm. so fa this storm has caused down trees and power outages. >> it was awful when i woke up this morning. >> reporter: jones took his children for a walk to watch crews work on restoring power. >> they said all day? which kind of sucks because i got to work from home today and my computer is already running out of batteries. >> reporter: by early afternoon, the sprinkles turned into sheet of rain in the north bay, certainly a strong storm. but those who lived through the 2005 flood in san anselmo say it's not enough to be concerned -- yet. >> i don't think it's happened with less than 12 inches in a single day. i'll probably retire before it happens again so -- >> reporter: and so one last look at the san anselmo creek over here. it runs through downtown right near businesses and homes. if that's not enough to show that you this storm is no joke, it may

i am mark barton. julie: i am julie hyman, this is "bloomberg daybreak."iscussing rates since the first time with the u.s. election. we will little doubt, be closely watching to see how they view the impact of a donald trump presidency. joining us now is thomas costerg . one of the top-rated forecasters on the u.s. economy. thank you for coming in. obviously, not a lot of suspense here about the fed meeting this week in terms of what they are going to do. but could there be any surprises? not just at the meeting but what they could indicate going forward? are you bracing yourself or anything unexpected? thomas: the fed is a happy camper right now. now, they will deliver what is expected. however, there are a few risks when you think about the donald trump spending plan and the other is whether it will move more than two rate hikes next year. i think that is what we will get from wednesday. gives typically, the said a data dependent caveat. is it most likely that in terms of the trunk fiscal spending plan, of which we don't have many details, that they will

this is bloomberg. ♪ mark: i am mark barton along with julie hyman.e are watching oil today trading at $51 a barrel. the speculation of production boost from shale production output will counter the first cut from opec. we are just about to get --ustry data from the u.s. what are we expecting? julie: expecting a drawdown and that is what is happening. a drop of 2.4 million barrels in the weekly inventory barrel. is nearly double. gasoline inventories climbing 3.4 million barrels. desolate inventory barrels climbing. so that could potentially counterbalance some of the effects of that drop that we are seeing overall in inventories. we will keep watching the price of oil but at the moment, we are seeing this close to the low of the session. oil prices are down for the second straight day. i don't know if we have a look at what oil is doing in the wake of this. 50.36. or so.n the barrel so we are watching that closely. so in terms of other breaking news that we are getting, cbs reporting that donald trump has -- the third general selected by donald trump

barton has until the fifth of january to respond to the charge.r betting on matches this season during his brief spell with rangers. barton is due to re—join burnley in january for the remainder of the season. the czech tennis player petra kvitova says she's confident of making a full recovery and returning to the court after a knife attack left her needing surgery on her left hand. the two time wimbledon champion was injured as she fought off an intruder with a knife who broke into her apartment earlier this week. she had surgery on her hand to repair nerve and tendon damage and has been ordered to rest for at least six months. during a session with the doctor i was able to move my fingers on my left hand which i think was the biggest gift i could have, to feed the fingers and this was the greatest christmas present i could have wished for. world rugby say they want more information from the rugby football union about how northampton handled george's north's latest head injury. the wales international has had problems with concussion in the past.

i am mark barton.ulie: i am julie hyman. this is "bloomberg markets." in his newest book, "the undoing project," michael lewis writes about a shift in sports, medicine and government with two psychologist. let's talk to tom keene that michael lewis. tom: [indiscernible] absolutely courageous. this is the early lead there 2017, so we will jump into next year. twice this book important? -- why is this book important? michael lewis doesn't need another important book but this is important for two reasons. he has brought so i put of the foundational ideas of economics and has really brought to life one of the great losses of economics, and that is one. congratulations. when you wrote this and brought it to life, it is pouring, game. , the haverhill economics, but -- behavioral -- it is boring, game economics, behavioral, so what did you have to do? to do spectacular characters with a tumultuous, romantic kind of -- theythere were points hated each other. michael: the story has a shape of a love story, so i

barton was named championship player of the year in his previous stint with the club.. newcastle united midfielder jonjo shelvey has been banned for five games and fined £100,000 after being found guilty of using racially abusive language. shelvey was charged following an incident with wolves midfielder romain saiss in a 2—0 defeat in september. he has also been ordered to attend an fa education course. valtteri bottas' move to mercedes as lewis hamilton's team—mate and felipe massa's return to replace him at williams are close to completion. williams have agreed with massa for him to postpone his retirement for at least another year after mercedes made a pitch for bottas to replace nico rosberg. a deal for bottas to leave williams and join mercedes is also lined up and is set to be completed in the new year. team sky say they are confident uk anti—doping will find no wrongdoing when it publishes its report into the contents of a package delivered to the team in 2011. the package was handed over during the criterium du dauphine — an event won by sir bradley wiggins. si

i'm mark barton in for francine lacqua.nthusiastic mid sized companies are friskier since donald trump became president elect according to brian moynihan. he spoke exclusively to bloomberg's david weston. >> i think, we have the number one research team in the world for six years in ree. >> congratulations. > thank you. the u.s. growth around 2% last year. this year was 1.5% to 1.7%. somewhere that n that range. that is an increase. it would be a step up. their fundamental belief hasn't changed since the election. we believe the economy in the u.s. will grow and the economy in the world will grow and it is a little bit more on the upswing. it picked up and fell off this year. it is part of a that uncertainty that went through this year has been handled by the markets and people predicting outcome. it was interesting. the brexit, the italian referendum. the french narrative, the u.s. election. all the stuff that people thought if this stuff happens, there are going to be huge disruptions. you know what? life goes on. i think

joey barton has been charged by the football association for breaching their rules on betting.d up to may this year. barton was also charged by the scottish football association for betting on matches this season during his brief spell with rangers. he was given a one—match ban which he'll serve at burnley after re—signing for them this week. he has untiljanuary 5th to respond to the latest charge what would possess a 25 year old at the premier league leaders to go and play in the chinese super league? oscar is reported to have signed a contract with shanghai sipg worth around 400 thousand pounds a week and chelsea are getting 60 million pounds for him, that makes him the seventh most expensive player in history. the brazilian has won three trophies, including the league title during his 4 and half years at stamford bridge. he has struggled to force his way into the first team this season. . . the shanghai manager is the former chelsea boss andre vilas—boas. in the czech republic. she needed a four operation on her hand. it follows a knife attack earlier this week at her home,

. >>> we are learning new information about a deadly accident on the clara barton parkway. police say the car crashed and then caught fire just after 1:00 this morning. we brought you this as breaking news this morning on news 4 today. part of the clara barton parkway was closed for the victim's identity has not been released. >>> the metro board gave preliminary approval to a plan that would slash metro rail hours. these new hours would last for two years beginning in the summer. and the biggest change would be to late night weekend service. adam tuss is at metro headquarters with the reason for these new hours. >> most metro board meetings are this one was no exception. the whole proposal here was to vote on reducing the number of hours in the metro schedule. they did pass a preliminary vote to reduce the number of hours that metro operates. take a look at the proposal passed here. basically, rail service would end at 11:30 on the weekdays. it would end at 1:00 a.m. on friday and saturday night. and on sunday, the system wouldn't open until 8:00 in t morning and close at

good morning washington im autria godfre right now - part of the clara barton parkway is shut down for that crash clean-up. let's get right to sam sweeney live on the scene..

jonathan: mark barton, i'm with you, mate.nathan: for our viewers worldwide, good morning and welcome to "bloomberg daybreak." i am jonathan ferro along with david westin. alix steel is off today. futures go nowhere. on repeat for the last couple days. futures, negative two. ftse unchanged as well. switch up the board on the bond market. yields down about a basis point. euro stable at $1.04. david: jonathan, here is what you need to know this hour. big sigh of relief. suissee bank and credit come to terms with the united states justice department over mortgage backed securities, agreeing to pay $12.5 billion. barclays thanks tough and the doj takes it to court. buying a bank. the time government moves forward with plans to invest billions of euros in monte paschi to save it. how much will it end up owning and what do bondholders stand to lose? tweets that move markets. president-elect takes to twitter again to send he may switch from lockheed to going to supply new fighter planes. is mr. trump shaping policy or merely the stor

this is bloomberg. ♪ ♪ with i am mark barton julie hyman. european close on "bloomberg markets." theresa may facing a monumental task extricating the kingdom from the e.u. orchestrating new trade deals at a time of geopolitical and economic uncertainty. there are rumblings in her own a circle that the team is going about it the wrong way. is misstalk about it o'donnell. thatthink the problem is people are not giving them the benefit of the doubt, they thought maybe this was a new form of government or more old-fashioned and less collegiate. the problem is, what has transpired since is that her two seem to be regulating access to the prime minister that such an extent that even members of their own cabinet are afraid of either expressing their views openly, putting even simple policies through and the talk has now become that theresa may herself may be increasingly unaware, also -- of the rumblings in the background and of the fact that people are dissatisfied and frustrated. is this leading to policy mistakes that have had to be hastily corr

mark: i'm mark barton. this is the european close.nder 12 minutes until the end of the mondays session. let's bond to brexit. the u.k. supreme court is hearing arguments all we. get themay must approval of parliament before triggering the exit cause. jeremy wright laid out the government case saying executive privilege gives ms. may the power she needs to go forward. arguments madehe by the attorney general today. i think it was quite a tough day today. there was quite a grilling from the justices. jeremy wright had to insist that was not aprerogative relic and in fact an important part of a functioning state. moreustices wanted to know than the government lawyers were able to give. theresa may's bill that will replace all eu law with another pill. hamstringy might be -- hamstringing her own lawyers. he said it's the best way of getting the worst possible deal. we will set out eric negotiating position once we have trickled article 50. the elephant in the room is whether article 50 could be withdrawn. is that what it's all about? >> i

tom: i am mark barton -- mark: i am mark barton. news out of germany affects the nation's utilities and constitutional court's is dutch courses about the exit -- courses about the exit from nuclear energy after the japanese nuclear disaster five or so years ago. they heightened utilities due to energy. from nuclear a fascinating grueling which has affected the -- ruling which has affected the share prices. up by a significant margin. we will continue to keep an eye on those german utilities probably the ruling from the german cost to show court. let's get the bloomberg first word news. sebastian: french president francois hollande has named his prime minister for his last month and office -- in office. south korea president will step down in april over and influence heading -- handling scandal -- peddling scandal. opposition lawmakers say they might have enough votes to impeach her. surgedfactory just suggesting it's economy will accelerate. inflation jumped 4.9% from september, the biggest increase since july 2014. the governor of

mark: i am mark barton.s janet yellen plans to navigate the impact from president-elect donald trump's plans to revive the economy, her counterpart mile jog he is committed to doing what it takes upsupport europe tashkent our mario draghi is committed to doing what it takes to support european's recovery. is anan greenspan: there irreconcilable issue there that i do not think is going to get resolved, and i'm very much concerned about a euro crisis because there is no real, major -- there is no big institution that can backup the euro, if it gets into trouble. david: so even as we speak right now, the yield difference between italian bonds and the bond in germany is substantial and growing. does that indicate the tension there is in the eurozone and pose a serious, existential throat -- threats to the euro? chairman greenspan: that is a major issue. one of the things i watch every morning is the spread of what we o.ll target t to is the european central bank mechanism in which the individual banks, the bunde

this is bloomberg. ♪ mark: live from london and new york i am mark barton.this is bloomberg markets the european close. mark: want to reiterate that news we are confirming that russia says its ambassador to turkey has been hospitalized with a gunshot wound. a number ofd agencies reporting this in detail. bloomberg now confirming the ambassador has been shot. the earlier breaking news that centered on cnn-turk that city was shot in the back in ankara while attending an art show. the man who shot him shouted about aleppo. in syria. course, we are confirming that ambassador has been hospitalized in turkey with a gunshot wound. you will see the lira has moved against the dollar. it was nearing record lows anyway but it has weakened against the dollar will stop just to elaborate on the story man wearing a suit shouted about where, the city in syria, russia's military backed an offensive by the syrian government forces after shooting the ambassador andrei karlov in gallery.in the city's were meant to be ongoing as of 7:25 and and cholera -- ankara. julie: we conti

mark: i am mark barton. decline in the pound leading to a surge in inflation.tep closer to meeting antitrust -- after.ibya five years the country is still in turmoil. inflation in the united kingdom, rose the fastest in more than two years. an increase of an annual rate of leadingnovember carrie to higher import prices. the recent deal to cut production will likely lead to higher energy costs. goldman sachs's president and ceo told that saying goodbye is hard and he is leaving the giant and a strong position next he accepts donald trump economic policy adviser. today, for a variety of reasons, capital, regulatory, the landscape has changed dramatically. we are in an unique position as we ever have been in a competitive landscape. i look forward in the future years of goldman sachs. it is as exciting as i have ever seen it. mark: he will head the national internet -- the council to help coordinate and develop the president positive economic program. -- a japaneseket company p are for the first time, they have shorted the motor maker. the firm reports that shares

with four minutes remaining, ross barton arrived, and everton were level again, just as it seemed theted are back on top of the championship after the night's games were blighted by fog. brighton dropped to second in the table after their game against cardiff was postponed and reading's match with full was abandoned midway through. there was one game in the scottish premiership tonight, with third placed aberdeen winning i—o premiership tonight, with third placed aberdeen winning 1—0 at hearts. the goal came in the 66th minute. the third placed dons are ahead of hearts, who are fourth. tennis, and andy murray has started his new season with a surprise defeat. britain's world number one lost to david goffin in the semi—finals of the world tennis championship exhibition event in abu dhabi. rob heath reports. for someone who has achieved so much, andy murray has plenty of unfinished business. his appearance in this exhibition tournament is part of extra preparation ahead of the australian open, a grand slam he has never won, despite appearing in five finals. david goffin soon ensured mur

i am mark barton. get over to nejra cehic. >> we are seeing some resilience in european and in markets to these geopolitical concerns. asiann't see, in the session, but in europe the stoxx 600 has risen to its highest level this year today. look at industry groups. and even distribution between gainers and losers. health care and telecommunication stocks are leading the rally on the imap function. we are keeping a close eye on fx today, one of the best emerging markets is the lira. it is the worst performing currency against the dollar in the past month but today it has regained most of what it has lost overnight after the russian ambassador was shot and killed in ankara. spoke over thean phone and talked about how they didn't want to turn the attack into another flashpoint. analysts are expecting a 25 basis point rate hike from turkey today. this is ahead of that central-bank decision. the worst-performing major currency against the dollar today is the end. yen. the kuroda had a glass half-full view o

ç >> i heard major barton is looking for me. >> are you going to volunteer?re looking for volunteers. >> we're very proud of "legends and lives of patriots." we hope you check it out sunday evening as well as read the b k book. two more episodes this month as well. "factor tip of the day." that is it for us tonight. please check out the website. spout off about the factor from anywhere in the world. do not be inert when writing to "the factor." tomorrow we have this young woman, tommie, i think her first name is -- last name escapes me -- laren. and she's shaking off all the liberal media. she's a conservative woman. first appearance on "the factor." should be interesting, get her point of view, why she is going on this crusade, and so i think you might want to see that. again, thanks for watching us tonight. i'm bill o'reilly and please remember that the spin stops here. we're did he haefinitely lookinr you. >>> breaking tonight, president-elect donald trump takes his thank you tour to north carolina and writes a bit of a new chapter for his plan for america