here in france is actually contra against their civil liberties were discussed in the anti-riot bill bonde and mentioned with our guests they say it is unlikely to ease the stammer. i've seen just ordinary people who are going out to demonstrate who are peaceful people who cannot stand anymore to have the only answer from the government being violence the and if tomorrow they cannot cover the face because police fired tear gas at them what type of democracy is that it is built could enable police to impeach people from going to demonstrations because there is a doubt that the might bring troubles to the demonstrations this is minority report we're going to arrest people send them to jail because we think that maybe they may commit a crime this is just showing the tyrannical side of mt today and i think it's going to be more central to the streets to the internet to the social networks to denounce the system until until he leaves this is a law which is certainly necessary to protect our police and to try to jail souls who are violent but it won't stop the fundamental demonstration which is

just us bill bonde ability. to give us a nickel to let. alone. what is your break it was good. anything special i got married brothers for it's. well that's more than i did this. is wonderful you look. pretty happy. all right so we're looking at math yes looking at math jose marino needs a final math class to graduate with an associate's degree in radio communications all right so this is it one class and class he has failed three prior math classes or what's next. i want my first marriage with person to go for a bachelor ok i don't know school was there for me and i'm a fourth or. if i got a batch would i have to go through another mat class or just be class a specialized. you know you would you would have to take higher level math let's talk again closer to you know as math is going on you're very close to one course it's very clear thanks so much. anytime. one of the things that struck me about him is that i don't think he had a lot of confidence but i think he had a lot of determination i was very careful to put him with supportive professors because it's very easy to get d

nejra: bill gross calls it quits. the bonding announces his retirement and space extensively with bloomberg. bill: i have got a few super bowl rings along the way to look at, and it's time to enjoy myself and enjoy my family. nejra: and capitalism. taking a lot of criticism how advocates should respond to populism. gregory: i think as a nation we should focus on economic wealth and balance. nejra: it's all straight ahead on "bloomberg best." ♪ nejra: hello and welcome. i'm nejra cehic. this is "bloomberg best," your weekly review of the important business analysis and interviews from bloomberg television around the world. let's start with a day-by-day look from the top headlines. monday, investors awaited results from alphabet. ♪ shery: shares of alphabet falling in after-hours trading after reporting thinner profit margins as they spent heavily to expand cloud and hardware businesses. it seems investors really are not liking those higher costs for the company. jitendra: yeah, absolutely. if you look at the numbers, the underl

this week, legendary bond fund manager bill gross announced his retirement. turn 75 in april and now intends to concentrate on managing his own asset and charitable foundation. gross spoke exclusively with tom keene about his decision, his career, and the state of bond investing. bill: been almost a half a century of watching screens and waking up in the middle of the night to check asia and europe. years brady equivalent that's a long time. , i've got a few super bowl rings to look at, and it's time to enjoy myself and enjoy my family. tom: within this of the catalyst of outflow funds, was it harder to manage their janus constrain fun given the outflows you seen -- fund given the outflows you seen the last number of quarters, and even years? bill: well, not really. half of the fund is mine and i haven't taken money out as others have mentioned. i look back on it and the performance on constrain funds in the past years with janus has been unsatisfactory, no doubt, but still positively -- positive in nominal terms. what i'd like to mention, i've managed some t

bills. don't cut your hair for a month or you could lose your luck. you can follow although stories on your terminal on tictoc on twitter. joe: after storied career in bondesting, bill gross has announced his retirement today. tom keene spoke to him earlier today about his choice to step down. >> it has been almost a half-century of watching screens and waking up in the middle of the night to check asia and europe. that is a long time. i have a few super bowl rings along the way to look at and it's time to enjoy myself and enjoy my family. welcome brian, you had an interesting column about bill gross's career and the betsy was taking related his career, things like merger arbitrage and stuff like that. approach he took. >> he was contemplated in the interview, which was interesting to see. his main issue was he best the treasury yield and german bund yield would converge, and they did the exact opposite, obviously. that was a huge miss, and that sort of was the undercurrent of the entire fund. he also has a big bet on a mexican bond that we reported on today and on top of that, like you said, he started investing in stocks as well. it became more of a he

overall in the public that the prices of six of the bodies found in only made the treasury bills or treasury bonds we've seen some fluctuations in the prices of euro bonds in two thousand and eighteen but overall given the high level of the public that it is stable because exactly eighty nine percent of it is being financed by local institutions who do not panic at the slightest political deadlock or security shock already general instability that does not mean that there is not urgency to reduce the size of the public that. reducing the fiscal deficit definitely this is a top priority of the current government the cib really great to talk to your cash in the course many thanks indeed for being with us thank you now there are some signs of progress on the streets of mosul a city that used to be i saw a self declared capital in iraq the armed group was defeated them more than eighteen months ago and people are now beginning to return to what's left of the city child stratford reports from mosul. a beauty salon in eastern mosul business as usual and one of several to open in the city since i so was

fluctuation overall in the public that the prices of six of the bodies found in i made the treasury bills or treasury bonds we've seen some fluctuations in the prices of euro bonds in two thousand and eighteen but overall given the high level of the public that it is stable because exactly eighty nine percent of it is being financed by local institutions who do not panic at the slightest political deadlock or security shock already general instability that does not mean that there is not urgency to reduce the size of the public that. reducing the fiscal deficit definitely this is a top priority of the current government the cib really great to talk to your cash in the course many thanks indeed for being with us thank you now there are some signs of progress on the streets of mosul a city that used to be i saw self declared capital in iraq the armed group was defeated them more than eighteen months ago and people are now beginning to return to what's left of the city child stretford reports from mosul. a beauty salon in eastern mosul business as usual and one of several to open in the city since i so was fo

fluctuation overall in the public that the prices of six of lebanese bound denominated treasury bills or treasury bonds we've seen some fluctuations in the prices of euro bonds in two thousand and eighteen but overall given the high level of the public that it is stable because exactly eighty nine percent of it is being financed by local institutions who do not panic at the slightest political deadlock or security shock already general instability that does not mean that there is not urgency to reduce the size of the public that. reducing the fiscal deficit definitely this is a top priority of the government the cib really great to talk to your cash in the course many thanks indeed for being with us thank you now there are some signs of progress on the streets of mosul a city that used to be i saw a self declared capital in iraq the armed group was defeated them more than eighteen months ago and people are now beginning to return to what's left of the city child stretford reports from mosul. a beauty salon in eastern mosul business as usual and one of several to open in the city since i so was forced o

but he was known as bond king. bill gross he's retiring from janice. founded giant bond fund back in 1971, no impact on the stock but down 1% and price of oil 54 dollars per barrel today. have been 55 that's getting up there price ofs gas still holding at 225 per gallon as national average now john i want to bring you back in here. you're kind of an oil guy. what do you make of this theory that as oil goes up the stock market goes up. there's a relationship between the two. do you see it? >> i agree with that because it's no longer old prices go down and you see gas prices go down and 70% of the economy so poem say that's good for the economy we have so many jobs that tied to oil sector and energy independent of people that we don't want to buy oil from it is a good thing to have oil over 50 a barrel these guys in west texas needed about 50 dollars to be profitable. they can be profitable at that rate. it was about 60 bucks about two year ago they have more efficient i think it is a good thing for the economy. >> all right i want to see this drill, dril

the nation's pile of notes, bills, and bonds drops to 1.1 2 trillion in november, according to a treasury department data. india's budget has just been announced. fiscal plans are seen as a last-ditch attempt to win voters ahead of the nation's election. india has missed its deficit target for a second consecutive year, but economic growth has been positive. india has overtaken france to become the world's sixth largest economy. it is on course to replace the u.k. in the fifth spot. global news, 24 hours a day on air and @tictoc on twitter powered by more than 2700 journalists and analysts in more than 120 countries. matt: thanks very much. debra mao with your first word news. coming up, deutsche bank's cfo is not ruling out a merger with commerzbank. our interview. this is bloomberg ♪ anna:anna: welcome back to the european open. we are 15 minutes away from the start of the cash equity trading day. european futures point modestly higher. dax up 0.3%. the rally stateside could run into an amazon shaped problem later. u.s. futures pretty mixed right now. matt: deutsche bank's revenue slump

gross spoke exclusively with tom keene about his decision, his career, and the state of bond investing. ♪ bill the middle of the night to check asia and europe. and that's a long time. i've got a few super bowl rings to look at, and it's time to enjoy myself and enjoy my family. tom: was it harder to manage the janis constrain fun given the outflows you seen the last number of quarters, and even years? bill: well, not really. half of the fund is mine and i haven't taken money out as others have mentioned. i look back on it and the performance on funds in the past years with janus has been unsatisfactory, no doubt, but positive in nominal terms. what i'd like to mention, i've managed some total return accounts, what i'm famous for for janus. and it fell 100 basis points over and outperformed them. maybe i should have stuck to total return and the been more constrained. tom: i was talking with tom in los angeles, and with the unconstrained model, the model of the phrase "unconstrained," what did you learn about the pros and cons, the difficulties of this phrase unconstrained? bill: unconstrained

after a storied career in bond investing, bill gross has announced his retirement.spoke to him earlier about his choice to step down. >> it's been almost a half-century of watching screens , waking up in the middle of the night to check asia and europe, and in tom brady equivalent years, that's a lot of time. i have a few super bowl rings to look at along the years and it's time to enjoy my family life. the catalysts is of outflow funds. was it harder to manage the fund given the repeated and chronic outflows you have seen over the last number of quarters and years? >> not really. mine, i haveund is not taken any money out of the fund. others have. i look back on it, the performance on constrained fund years, but four .till positive in nominal terms what i want to mention is, total return accounts, what i'm famous for. they are performing like the old days at pimco. 100 basis points. maybe i should have stuck to total returns and been a little more constrained. >> this is a really important point. mr. gross has a number of ideas here, including putting the fixed inc

he is being held on $10 million bond. bill brewer was killed trying to save the suspect's life.-year-old sun. ms 13 gang member accused of murdering a man on the new york city subway platform, the shooting caught on camera in broad daylight, started as a fight between rival gang members on a train. the suspect is not been identified that was known to police, the killing happened in a section of queens represented by alexandria ocasio-cortez. police looking for two other suspects wanted for questioning. jayme closs's grandfather promised by the team a big steak when she was founded he is delivering. the 13-year-old seen smiling and having lunch with her family. she escaped from a man who kidnapped her and held her captive for 88 days. and he is charged with murdering her parents. rob: the president expected to push for unity during tonight's address but democrats might make that tough. jillian: donald from inviting their special guest. a sixth-grader bullied because he shares the president's last name. carly shimkus with what you are saying online next. ♪ and home to three bp win

so that's why i think you've seen candidates like cory booker talk about a baby bonds bill.en kamala harris talk about her lift act. but when you talk specifically about this idea of reparations, part of it is the acknowledgment from the federal government of the ongoing effects of slavery and discrimination. >> i think there should be an acknowledgment. >> that could be rectified -- yes, that part could be rectified not just in words but also in actual policy. but in this compensation question i tend to agree with tara and i don't know if the $100 billion for example that marianne williamson has proposed is the answer. but that is why i think if we're going to have a conversation about this it should be a research-based conversation, which is a safe place for candidates to be if i was advising anybody, would be to support -- >> we now know -- we know sheila lee has taken this back up. we need more research and perhaps -- but this is something, it would be interesting to see how the politics of this plays out. but these democratic contenders are being asked about it and we'r

. >>> the one-time bond king is retiring. bill gross has announced te's planni accept aside after more than four decades in the world of gross cofounded pinco back in 1971, was named the fixed income nager of theecade by morning star. when he left in 2014, the firm was the world's lgest bond firm with nearly $2 trillion in assets, but his departure from pmco was there were personality and culture clashes with management. l he went to janus henderson funds and now he'ving to focus on his charitable >>>he retailer, charlotte russe, has filed forankruptcy. the women's apparel company plans to close about 94ng store. duourt proceedings, it will continue to operate its website and keep open some stores. it had 400 stores across the u.s. sharar tte russe is privately held. >>> today's homeowners are sittin on a record amount of equity but a lot of them cannot access it. sometimes because they don't have hight enough cre scores to qualify for a refinancing. but now a new company i a offeriay for them to tap that equity without moving a m

. >> one of the biggest names in finance retiring we're talking about, bond king bill gross leaving janusfocus on his own personal assets and charitable foundation. the 74-year-old founded investment firm of pimco, 1971. built it at one time the biggest asset manager in the world. he did leave in 2014. his retirement is official on march 1st. you're looking at a legend there. >>> shares of alphabet are up right now, this as the parent company, google will be in the earnings spotlight. they report after the close. we'll have a preview for you, what investors want to know. coming up, could apple make a play for netflix. jpmorgan says yes. someone on my panel thinks it is too risky. we'll be right back. ♪ [knocking] ♪ ♪ memories. what we deliver by delivering. shouldn't mean going back to the doctoro just for a shot. with neulasta onpro patients get their day back... to be with family, or just to sleep in. strong chemo can put you at risk of serious infection. in a key study neulasta reduced the risk of infection from 17% to 1%, a 94% decrease. neulasta onpro is designed to deliver neulasta

bond. shares detective bill brewer was killed trying to help save the suspect's life was the veteran leavesind a wife and 5-year-old son. our prayers are with them. jurors will begin a second day of deliberations in the trial of the mexican drug lord charged with 10 felony counts, he could face life behind bars if convicted. matthew whitaker stopped by the new york city courtroom monday to thank the lawyers working the high profile case was the family of a border patrol agent killed in the line of duty is getting a major gift. border patrol foundation is sending $10,000 to the family of donna dawes, they do that without agents killed on the job. he was hit by a passing car while helping texas police during a traffic stop. and the super bowl champs touched down in new england. the patriots our home in boston for the victory parade. notably absent, the mvp and tom brady who spent the day submitting the big win at disney world. the super bowl stars engaging in a friendly light saber duel at the new star wars park over 1 million fans are expected to flood the streets of boston to celebrate the

bond king bill gross may be retiring after underperforming his benchmark, but active managers can learnm his big and bold bets. with the year of the pig upon us, we take stock of the chinese

nejra: still ahead as we review the week on bloomberg best, and exquisite interview with bill gross on the day the bondhis retirement. plus, perspective from top investors of defense on capitalism as inequality gains fourth. and up next, the cascade of earnings report continues with thin from this week. >> basically confirmed that we're well on track for our ambition for 2020. nejra: this is bloomberg. ♪ nejra: this is bloomberg best. i'm nejra cehic. let's resume our wound up of the interest -- roundup of the earnings report. we begin with a big miss. ♪ >> bnp paribas, brutal core of all -- quarter when it comes to their overall trading revenue, down 40%. their equity trading was abysmal, down 70%. >> if you look at our balance sheet, is very salad. -- very solid. of 3.5of that, dividend euros or share, paid in cash. it basically confirms we are well on track for our ambitions for 2020. >> clearly better and more realistic than they were. but everything we've seen so far have been to investment banking. we see those problems elsewhere, ubs or deutsche. they haven't cut the targets within the retail bu

bill goes as a cautionary tale for bond king. >> i think the last point he mentioned in the clip says it all. he said maybe i should have been more constrained and stuck with total return.i think that is a big issue is that he downsized from pimco, which was almost $300 billion in assets to fund.a $2 billion he thought he could go anywhere and do anything and deliver superior returns, and that really backfired on him. you some month after month of bad bet. he even said there is this gamblers ruin idea that if i invest more than 2% in my capital in a certain trade, i'm destined to fail, and that is sort of what happened. he took big states and they didn't pan out. guy: where did it go right and where did it go wrong? there was a concentration of risk in the fund. walk us through what worked and what didn't. brian: that mexican bond is the latest example of this idea where he is is concentrating all of his risk. to one he talks about and is famous for is this idea of the german and treasury yield spreads converging. that hasn't happened because the fed has been raising rates in the ecb

one of the other things about bill gross, he became a star bond fund manager. he was on tv a lot.his monthly letters. he was the face of the firm and fixed income trading for decades. unconstrained, he could invest in anything. he has a very big position in a single mexican bond. what impact could his retirement have on the market? >> if anything, people are responsible with their investments. he is turning over the phone to the team of people at janus that have been working with him on the fund. to your point about unconstrained bond funds, they came in both in the last -- vogue in the last few years after the financial crisis. when you can go anywhere, it makes it hard to pick the right that's. in the total return fund strategy, his goal was to take a measured risk. calls thatms of the work and those that did not, are there any that stand out? i always remember when he talked about the guilt market being on a bed of nitroglycerin. turned out to be the wrong call. whichlso made -- took a dive last year. he put a lot of his personal money into the fund at janus. it reached two poi

individual player the forty one year old also the oldest super bowl winning quarterback and his bond with bill belichick is something special they've been together since two thousand and sixty six year old college check is the oldest and most successful super bowl coach doesn't strike me proud of everybody and. obviously could do without without all of them they're the ones who really deserve the credit players went out there and competed against a great football team have a ton of respect for shown his staff the rest of the rams football team i mean that's a that's a great team and you know we knew it was going to be. as hard a competition as we had all year and it was so just happy to have to be able to come on top on top make a few more plays and they were able to make the. better than last year. here we grind it out it was tough they made every play tough and i give them a lot of credit and coach phillips all those players they played really well on defense fortunately our defense really played the best game they have all season and it was just incredible when well tom brady you as the man

bill gross is retiring. it is like the end of an era for the bond fund manager. ick of something else. . , -- he's got to do something else. david: we will have a an interview with bill gross at 8:30 this morning eastern time. alix: on the markets, it is very quiet and calm. s&p futures up by two after a monster january. euro-dollar pretty much goes nowhere. the dollar nicely rebounding after getting slammed after that press conference wednesday. 10 year yields in the u.s. up by about one basis point, but now cruising to the downside off of a two-month high. venezuela is such a huge story. now let's take a look at the week ahead to see what's coming up. later today, alphabet reports earnings after the bell. tuesday president trump delivers his estate of the union to congress -- his estate of the union to congress. wednesday we get earnings from fiat chrysler. thursday the bank of england will announce its rate policy decision, followed by a news conference with governor mark carney. month of9 first training runs the biggest gains in global equities in january for

had to make the choice between taking time off work and struggling to pay the bills or to return to work with crucial bonding time with her baby. the government committed to reviewing this issue by the end of january. we are halfway through february. will the prime minister take action and extends parental leave to parents of children who end up there? >> happy birthday to the honorable lady, we are looking at the circumstances of the miscarriage and what applied in those circumstances. >> greg mckinley. >> the leader of the opposition has shown a little knowledge is a dangerous thing. he spoke about ramsgate port in my constituency, he does not speak for south bennett, i do. >> [shouting] >> can my right honorable friend assure me that the people of benefit are prepared to keep the port open for breakfast eventualities? and to indemnify them for costs here on in? >> can i say to my honorable friend that no one can doubt the passion and vigor with which he speaks of the people of his constituency. he raised the issue, i am aware of the interaction, the discussion between council and the department of transpo

back you want to pile on a bill because of the bad performance of the unstrained bill, whatever, the guy built the bond market he made billions of dollars for his investors, billions for himself. he expanded the bond market. and he moved the bond market >> people -- correct me if i'm wrong, he earnedthe moniker bond king because people didn't talk a lot about active management and bonds as this extraordinary strategy and by the way, the journal today confirms that in equities, it's hard to outperform the market in fixed income, you actually can. what do you think happened the last couple of years >> i think some terms went wrong. we know about the german sort of bet. some of the things in the emerging markets didn't go quite as well. but it is tough. i think you're coming in, he was coming into a mature market in some ways, literally and figuratively next door to pimco, the company that he built basically. obviously, that was a difficult separation on the pimco side, as well but you know, people want to sort of pile on, i think, in the short-term but the reality is that this is a guy who outtraded and

. >> like an easy bake oven kind of >> we'll see if it gets turned up >> bill, appreciate it >> thank you >>> to the bondarket rick santelli is tracking the action at the cme. >> hey, melissa lee. we had an auction of $113 billion in supply, $32 billion in seven years solid auction. gave it a "b." 2.54% and actually $22.534%. the weak spot, indirects 55.2, the weakest since february of '16 28.4, the best in five years now, as for the market, when jay powell was testifying and answering questions, he brought yields up just a bit but still not in the positive territory. and they've dwindled since look at a one week of ten year note yields. you could see it moving down a bit. going all the way back to 2018, that happened earlier this year. we're not that far away. look at the year-to-date chart on the left side, see the low close. finally, the dollar index, not having a good day as you see on the chart. as a matter of fact, if it closes here, it will be the lowest in 15 sessions. it will be the lowest closed since the fifth of february. tyler, back to you >> thank you, rick appreciate it. >>> signs of weakn

the viral moments of one nfl superstar and a little boy with a unique common bond and their touching meeting. >> plus, billwith the cleanup on that massive winter storm along the east coast. [knocking] ♪ ♪ memories. what we deliver by delivering. but prevagen helps your brain with an ingredient originally discovered... in jellyfish. in clinical trials, prevagen has been shown to improve short-term memory. prevagen. healthier brain. better life. audible members know listening has the power to change us make us better parents, better leaders, better people. and there's no better place to listen than audible. with audible you get a credit good for any audiobook and exclusive fitness and wellness programs. and now, you'll also get two audible originals: titles exclusively produced for audible. automatically roll your credits over to the next month if you don't use them, and if you don't like a book just swap it for free. enjoy 100% ad free listening in the car, on your phone or any connected device. and when you switch a device pick up right where you left off. with our commitment free guarantee, there's never

he got out on bond. >> bill: why not, sir? >> that's a good question. that's a good question.'ve asked and my attorneys have asked. we have no answers. >> bill: what is your message in washington, d.c.? >> we are here with the angel dads and angel moms. we're hoping to meet with ms. pelosi this afternoon. we want to show her we aren't a bunch of crazy people. i'm a retired educator from texas. my wife an assistant principal. my son a coach and teacher at the middle school. my daughter was a teacher. we're the american citizens that president trump is trying to protect. i lived in el paso for 45 years and seen the results before the wall and after the wall. when i was in school in el paso there were gangs rampant throughout our city. when i did my student teaching at an elementary school i used to watch border patrol agents chase down illegal aliens and tackle them in the playground of our school. that was before the wall. after the wall, all these incidents have stopped. >> bill: it's been almost three months and i'm certain you replay these moments back in your mind every day

. >> bill: so this afternoon, a plea and posting bond. >> correct. if there is bond.promised to return. it is hard for him to go anywhere without a meet without anybody knowing. >> sandra: we know that he did speak to police several times. he did speak to police. he also spoke and several interviews. he maintained his story throughout. can those words be used against him? >> yes, sandra. that is a very important question you have just asked. each time he lied, it's a separate and distinct offense. if prosecutors want to frame it that way. filing the false report is an offense. lying to them to back it up. the first time he met with them, the second offense, lying to them to back it up the second time he met with them. so sometimes they merge those into one charge. if they really want to get aggressive with him, they can file. they can approve several charges against him. that will span his exposure in jail, give police more negotiating latitude. >> bill: just characterizes for us. when you think about the national attention brought to the case, the charge of racism an

somewhere leave from the global policy institute of london who says this bonding deal is less than ideal for trump. this appropriation bill that he's about to sign is an absolute disaster from his perspective because. the one point four billion dollars that is actually appropriated for a border war comes with a lot of strings attached so he really doesn't have a terribly good deal in these hands so even if he were to go ahead now and to declare this national emergency he is now really in trouble with his base with his supporters because you know his supporters are saying well ok so you don't really have anything with a wall and there are all sorts of other poison pills in this appropriation bills he's got a lot of problems on his hands and simply declaring a national emergency to build a little bit more of a war isn't known to solve his problems they had of the u.s. senate intelligence committee has officially admitted there is no direct evidence donald trump colluded with russia in the twenty sixteen presidential race that's after an exhaustive two year probe into the matter. for much polluter of the sort of before we ha

they say correlating the hundred thousand dollars needed for bill has been a difficult. the lawyer said the bond money for r. kelly will not be paid until sometime today or tomorrow because his finances are a mess. he was charging a grand jury a diamond with 10 counts of aggravated sexual abuse involving for victims, three of the victims were minors. >>> coming up, 17% less. those are the new numbers from the irs when it comes to this year's tax refund. the explanation the agency has for the smaller checks? >>> the future is here. the amazing technology that you can preorder that is taking augmented reality to new heights? cvs pharmacy. ed gets copays as low as zero dollars on medicare part d prescriptions. ed gets labels clear as day. and, lily.... lily gets anything she wants. ed knows he could just have us deliver his prescriptions. but what's the fun in that? switch to cvs pharmacy. i went on linkedin, i connected with someone, and they introduced me to my boss. there are people that are willing to help, and once you connect with those people, you can write your own narrative. >>> blue chips

interesting given the timing of gross -- bill gross' departure. caroline: the bondequities -- scarlet: unconstrained. caroline: i'm looking at the performance of janus henderson. down about 40%. a company that has been beaten up. blame therying to generic trend across the entire moneyry, saying movie is -- money is moving to passive. scarlet: investors feel doubleble -- more come -- investors feel more comfortable putting money -- caroline: coming up, the world's biggest oil company's pumping out cash and investors love it. exxon,ut the moves on that shall -- dutch shell, chevron and bp. ♪ mark: i am mark crumpton. president trump expected to call for unity in tonight's state of the union address. democrats see little evidence that the president is willing to compromise, especially on border security. that he could make moves ranging from declaring a national emergency to conducting summits with china and north korea. chuck schumer is unconvinced about reports that the president's speech will focus on unity. andnowing this president his penchant for hyperbole, he wi

bonds can actually make the cost of a lot of infrastructure more cheaper, more effective. and then -- and jen, you might want to add in on this, as well. if we do an infrastructure billederally here, what are things you would like to see that could enhance the use of bonds as a tool to invest in infrastructure? >> thank you. thank you for that question. i just -- as an aside, i have a fund on the blocks next to mine, so i know what that is. >> that's amazing. >> i know. i guess i -- in my opening comments, i was going to say something like this. i guess when i think in terms of the feds working with state and local governments, you know, i know we're talking about public/private partnerships, but i almost consider this a public/public partnership. because everybody always says, well, you know, what's the cost to the federal government for the tax exempt subsidy? it really is, to me, it's much more to be considered kind of an opportunity cost. what are you giving up and what cost would be passed upstream by not financing those kind of projects at the local level. and again, it's sort of a cross -- it's sort of across the spectrum. obviously, so much in, you know, wate

. >>> we have some breaking news to bring you the man who was widely known as the bond king is retiring. bills own things >> he started this fund in 2014. it reached all-time peak in terms of assets under management last february. since then it's gone down to less than half of what he once had. ten consecutive months of outflows >> it fell under a billion dollars after redemptions. that led to this kind of rash wash-in of redemptions that it's been following for that entire time >>> all right. let's welcome our next guest fresh off of last friday's big jobs report. we have kevin hassett. kevin, it's great to see you >> great to be back. of course. thanks >> those numbers we saw on friday were a lot stronger than people had been anticipating what was yur reaction in the white house? >> larry and i took the numbers down to the oval and i actually for the first time since i've been here, i got a fist bump from the president he was so excited by the news. you know, i think it was a very difficult month for government employees that were furloughed all of that was uplifting. it was good news the w

the bill was introduced this week and, if passed, the state workers would be able to have more parent-infant bonding time at work. the babies would need to be between the ages of six weeks and six months or until the infant is crawling, which ever is earlier. and must get medical clearance from a physician and a surgeon. >> i think it would be distracting. >> there are so many little things like breast feeding and crying. >> it seems like it would be a lot of culture changes. >> in the past a similar bill did not advance through the legislature. >>> all right. one 10-year-old cub scout is taking a stand after kneeling in protest during a pledge of allegiance. the video shows liam holmes drop down on one knee during a city council meeting in north carolina. durham city leaders had invited the cub scout pack to a meating -- meeting on monday night. >> what i did was take a knee against racial discrimination, which is basically what people are -- are when people are being mean to people of different colors. >> when he did it i was surprised and really proud of them. >> liam's dad said they spoke about

is centerpiece of the bill the fed pays for this thing, we issue green bonds in the fed buys them and puts them on their balance sheet. the fed thinks that's a terrible idea. david: that would be an interesting conflict. one thing that came out of the testimony yesterday was chair powell saying we have a real physical problem -- fiscal problem, we are borrowing more than gdp. seeing: you are still appetite in the market for -- you'veonds had the bond vigilantes sitting on the sideline. they are looking at the fed put the equities got. 2.8 right now is not enough to compensate us. if we do get to a point where the fed has to react to that, you will see a lot more volatility. david: you see senator after senator saying i'm worried about the debt. i will can criticize all he wants, but nothing's going to happen in the short run can criticize all he wants, but nothing's going to happen in the short run. david: maybe he's concerned about the markets more than his predecessors have been. michael: this is a case of message sending by the chairman. the markets have the power to interrupt the

bond is about to break. something maybe for larry hogan, for bill weld, for john kasich, for anyone thinking of running against to have to consider. that's "hardball" for now. thank you for being with us. a"all in with chris hayes" stars right now. >>> tonight on "all in." >> i don't want to talk about it now. >> did paul manafort's pardon strategy just go poof? >> that's what i said -- that's obviously what our position is. >> tonight, reports that new charges are coming for the man who ran trump's campaign, as we await the last major court filing in mueller's manafort case. >>> then, breaking news from "the new york times". >> the man doesn't tell the truth. >> what we know about the new information michael cohen gave investigators about the trump family business. >>> plus, growing calls for the resignation of trump's labor secretary over his handling of an infamous sex abuse case. >> that seems like a long time ago. >>> and democrats start their push to terminate the president's

bonds first, not last. charles: paul appreciate it. >> anytime. thank you. charles: billd it is crazy talk not to be worried about debt and deficits. just as national debt pass as new milestone. why are not conservative republicans sounding alarm. we have one on earlier in the show. he is urging fellow republicans to step up to the plate. we'll discuss that next. ♪ okay, paint a picture for me. uh, well, this will be the kitchen. and we'd like to put a fire pit out there, and a dock with a boat, maybe. why haven't you started building? well, tyler's off to college... and mom's getting older... and eventually we would like to retire. yeah, it's a lot. but td ameritrade can help you build a plan for today and tomorrow. great. can you help us pour the foundation too? i think you want a house near the lake, not in it. come with a goal. leave with a plan. td ameritrade. ♪ woi felt completely helpless. trashed online, my entire career and business were in jeopardy. i called reputation defender. they were able to restore my good name. if you're under attack, i recommend calling

bonds. the aussie falling by 1% against the greenback. we also had billg he could have rate cuts as well. up by 0.25%. thank you so much. let's turn to commodities. platinum group metals. struggled.siness has ceo,e joined by the joining us now, thank you for joining us. on the strikes. vowing to widen that action. hope ofee any compromise with the union? good morning. obviously there is hope for compromise. i think we can compromise as the as we don't undermine other unions that have signed a wage agreement. i am full in the not-too-distant future, because you are seeing the desperation of the union trying to involve a broader industry which i do not believe they can do legally. -- we havead proposed some compromises and we can look forward to the strike ending in the not-too-distant future. you are faced with a challenge of restructuring this business. we have headlines, up to 6000 jobs could go. what is the reality of this restructure? is it going to be as many jobs as that to right size the business? >> i am hoping it is not a total of 6000. when we ma

>>> big news today in the world of finance, the man wildly known as the bond king is retiring janus announces retirement of bill assets and private charitable foundation. >>> of course, well known for founding pimco, total return fund had many, many, many good consistent growth years. less solid performance recently. >> really pioneered the way of investing bonds. >> now would argue is no longer the case gunlock is considered a bigger figure when it comes to bond -- >> he's not the only bond king in the world. >> but in his time, though, he was absolutely the man >> and charitable. >> all right when we come back, the brady/belichick era. two agents are here to discuss it shares of xerox. excuse me, clorox. they're surging. >> they headache bleach. >> yes, thank you. >>> and kingsford charcoal did you know they make supplements too? >> yeah, they also make some food products like soy-based soy schaus. >> we'll keep going. trying to one-up each other on all the things clorox makes. they beat expectations and revenue matched forecast the company's bottom line got a boost in profit margins. jim cramer will speak to

the choice between taking additional time off work but struggling to pay t—bills or to return to work but miss crucial bondings of children who and up in neonatal wards? the parents of children who and up in neonatalwards? festival, happy birthday. we are revealing this situation and we are also looking at the circumstances for example like miscarriage and what applies in those circumstances but i will ensure a written response is given to the honourable lady. the leader of the opposition has shown to date little knowledge is a very dangerous thing. he chose to speak about seabourn and ramsgate part in my constituency of south thanet. he does not speak for south thanet, id. —— i do. can my right honourable friend to me that the people of thanet are ready and prepared to keep the port open for brexit eventualities, should she gave a commitment to the council to identify them for the past year end? cani identify them for the past year end? can i say to my right honourable friend that no one can doubt the passion and vigour with which he speaks for the people of his constituency. he has raised the issue of ramsg

bill. >> the infant would be delivered and then a discussion would ensue between the physicians and the mother. >> the st. louis police officer accused of killing his coworker while playing a deadly game posted bonday. >> officer nathaniel hendren is charged with involuntary manslaughter. >> with three days until super bowl liii, f-16 pilots are ready to protect the big game from above. >> this is an air defense fighter. you have been intercepted. >> present arms! >> glor: and the volunteers who never miss a funeral, even when it's 28 degrees below zero. >> they served our country and served it well. >> glor: good evening, i'm jeff glor. and this is our western edition. we are going to begin with the deepening toll of this historic cold snap. by early this morning, more than three-quarters of the u.s. mainland was at or below freezing. it appears the coldest spot today is cotton, minnesota, where the actual temperature-- this is without wind chill-- was 56 degrees below zero. even hell, michigan has frozen over. it was 14 below zero in hell to chicago also broke another dailb adriana diaz is there. >> reporter: a layer of frost has gripped the city of chicago, and it's not letting go. the chicago

what bill baryon is saying i'm curious what you think is that because when used as collateral as a settlement layer for this new platform allowing anyone anywhere in the world to buy into stocks bonds commodities anywhere in the world with the k y c you know m.l. no right no regulatory issue is would be the big boost for demand for bitcoin simon yeah it's fascinating to see where this is actually good you know a lot of big queen and so now you know trying to switch from bitcoin as a medium of exchange to bitcoin as a store of value with people started to you know in the phrase whole deal came along where people will hold their own quarry. and they didn't want to actually spend it because no one wanted to be bitcoin pizza guy. now that the industry is evolving we're also seeing people use the fact that people want to hold on to the court and maybe use it as collateral to get some returns on it so they can actually use it for some of these different use cases and that's very interesting i know i don't fully understand what is on the who does that yet so i can't comment on how it actually works but it seems like bill's been working on this for a long. i'm and then at the same time we'