"bloomberg " will be on bloomberg television here.hmieding well discuss central-bank -- holger schmieding will discuss the central bank as well. michael mckee and i will continue the dialogue forward on economics, finance, and investment. stay with us on bloomberg. good morning. ♪ stephanie: inflation at a standstill. europe hot central banks get ready to add -- europe's central banks get ready to add stimulus. rent.s space is for the nba will experiment with putting advertisements on players' jerseys. stephanie: welcome to a very special halloween edition of "bloomberg ." i'm stephanie ruhle. david: i am david westin. i notice you are in orange. what a surprise. i was hoping you would be in costume. stephanie: i would like to, but the man sitting with us today, bloomberg editor in chief matt winkler would not be willing to sit here while i am in costume. matt: no comments. david: let's start with the first

welcome to bloomberg market day. bloomberg world headquarters in new york.ar. here is what we are watching at this moment. after the truck maker struggles to fix it to drug problems. it is permanent aiding -- it is terminating its relationship with filler door. if they get together and that blockbuster deal, why pfizer is moving its legal address overseas. that horse out for redemption. they have a chance to make up for that shocking loss. the triple crown winner. and let's head straight to

bloomberg go is next on television. bloomberg "surveillance" next on bloomberg radio.ing. ♪ >> hillary clinton wants tough new rules on banks investing in hedge funds and to hold financial executives personally responsible. then bernanke it tells all. he opens up about life and the center of a financial crisis. and volkswagen under even more fight. chief is on capitol hill, and it looks like he is going to have a rough day. >> welcome to bloomberg go. we are in new york city at bloomberg headquarters. i am stephanie ruhle. >> i am david weston. let's kick it off with steve case. welcome to bloomberg. also with us, bloomberg executive at her christine harper. we love to have christine with us. stephanie: guess who's joining us in 30 minutes? bloomberg "surveillance" is still here. it is on the radio now, but tom will be joining us on set. david: he is a very tall man. stephanie:

stay with bloomberg. ♪ betty: welcome back to the bloomberg "market day."are still here with david kelly. before we get to the earnings dealmaking, m&a has been a huge trend over the past several years. we have a chart here that shows even though we had the summer correction, it did not stop dealmaking. in the third quarter of 20% in m&a activity. what is that? see someld still impact hitting fourth-quarter numbers. i think it is because they are relatively cheap of financing is very cheap. companies want to find a way to growth. -- find a way to grow. betty: does that mean once we see interest rate start to rise, it could put a damper on that? .> it could eventually do that initially it increases confidence and tells them rates will rise even more down the road so everyone scrambles to get the deal done. it is one of the many ways in which the first few rate hikes could accelerate this. betty: turning season. what do you ask you go >> i think we could be a year-over-year. analysts are saying we will get some profits from energy companies weary the last few

from bloomberg tv canada.ahead, we look manhattan real estate. ♪ betty: welcome back to the "bloomberg market day." complexn's biggest ever -- blackstone agreed to buy stuyvesant town for more than $5 billion. twohanged hands last in thousand six. what does this price tag say about the manhattan real estate market? here to answer that is sarah mulholland. what does this mean for manhattan real estate? arah: there has been a huge reald for new york city estate. particularly family is attractive, because it is difficult for homeowners to abide. people are renting, driving up the price of rental housing. in new york city has a housing shortage. this is the largest complex in the city. it is pretty special. betty: how does this fit into blackstone's real estate portfolio? hadh: blackstone has tremendous success in raising money for its real estate funds. this move into new york city residential is pretty new. they just made their first acquisition in the area last month. groupray, the head of the , he was speaking

welcome to "bloomberg market day ." ♪ from bloomberg's world headquarters in new york, good afternooni am david gora. albertsons calls off its ipo. dudley today says the economy is performing well, but the latest economic data could have fed chair janet yellen have second thoughts about a rate hike later next year. first, let's head to the market desk with bloomberg's julie hyman. yeah, the highs of the session are gaining steam throughout the day. the s&p and the nasdaq are now up that are than 1%. some of it has to do with better than estimated economic data. take a look at the group data. you will see the breadth of the group data. in other words, a lot of green on your screen. health care, utilities, health care, a really interesting combination of defense or cyclical groups. within health care, i wanted to take a look at the movers there. some of the pharmaceutical makers are helping to lead the game. and pfizerohnson have really bounced back, but not only the traditional pharma, we are seeing some of the i/o stack -- some of the biotech stock do well. there was a little bit of a

market "bloomberg day." ♪ ♪ live from bloomberg headquarters in manhattan, you're watching "bloombergy liu. vonnie quinn has more from our news desk. vonnie: we start with the drone that was shut down in turkey. there are plenty of questions and few answers about what actually happened in a remote section of turkey. say they shut down an unmanned drone. there is no word who is controlling the drone. russia says it's aircraft are planned -- functioning normally. complaints about russian or planes entering their airspace, turkey officials say that may lead to accidents. longtime aidon's went to capitol hill today behind closed doors in front of the house committee, investigating the deadliest attacks and then ghazi. benghazi. donald trump is lashing out at the way campaigns are financed rate in an interview with stephanie ruhle of bloomberg , trump denounced supertex. -- super pac's. areld trump: these pac's the biggest, most disgusting thing you have ever seen. when they say the candidate does , i speak to the pac guarantee you, every single one of them is speaking to a pac, and th

radio -- watch bloomberg tv, but afterwards, do go ahead and listen to bloomberg radio. prefer radio. cory: of course, and you are lovely to look at. are having a difficult time of this and furious about this because they really want to grow their business and they want to do it domestically what the other aspect of this is that we are seeing a lot of unregulated drone accidents because it is unregulated. droneshnology around means a rise in the number of incidents of drones safety issues and the faa has been recording these dutifully, they haven't even given us comments on how to operate these drones. matt: are these serious safety incidents? cory: there were a couple of drones that crashed into seats at the u.s. open. matt: was anyone seriously injured there? crashing but a drone into a seat might wound your hand but he might have an entirely different effect if it crashes into the engine of a jet. so even though congress demented rules three years ago, the drone operators in the drone businesses are concerned that there is going to be an accident and it is going to le

the bloomberg first worded news.ody bank thank you for -- bonnie: a deal of avoiding a government shutdown. increasing the borrowing authority and racist spending for -- and raises spending for two years. john boehner probably will need democratic support to pass the bill. hardliners are opposed. in spain the prime minister is in november.ions he said he is still the best. he said his government has turned the economy around and unemployment. death toll is rising from the earthquake, more than 300 people were killed and hundreds more were injured. the quake was 7.5. in a remote mountainous region. south koreans plans to raise defense spending to deter the threat of north korea. that's more than the average for the entire -- signs north korea has been expanding into play -- and improving the range of missiles. a 15-year-old boy in northern ireland arrested in a hack attack. talktalk telecom was hit by an attack and received a ransom demand from hackers. talktalk said some banking information may be stolen. the first w

"bloomberg " is next on bloomberg television worldwide. "bloomberg surveillance" is on radio.art. yes! ♪ ♪ tales of true companies. track, targets back on the discounters talk strategy heading into the crucial holiday season. wagen feeling the burn from the emissions scandal. vw's chief says it is strong enough to overcome it. ♪ stephanie: welcome to "bloomberg ," i'm feeling pretty excited. david: we have a really important show today, and a great guest. brian is a terrific leader in retail, but is also a mets fan. brian: it was a late night. david: a record for the world series. stephanie: there is still hope. david: let's start with the first word with vonnie quinn. bonnie: if you hours from

alix: from bloomberg world headquarters in new york, welcome back to the bloomberg "market day."alix steel. scarlet: and i'm scarlet fu. m u.s. secretary of state john kerry condemning a recent series of attacks against israelis. speaking today at indiana university, secretary kerry said there is no justification for violence and israel has a right to defend it will. the state department says the secretary will meet with both israeli and abyssinian officials. at least 40 palestinians have been killed in the past four weeks. israel is accusing moppet abbas of escalating violence by spreading a false death claim. saidseparate speech, he israel had executed a 13 rolled boy who was seen lying wounded and a video. the boy is recovering and an area hospital. he was run over after allegedly being involved in a double stabbing. this case has become a lightning rod as both sides blame each other. the united states sending heavy artillery and equipment to poland. the soviet nation hopes it serves as a deterrent to russia the, border in territories have been on edge. they say it is rare but

♪ >> it is 11:00 in new york, welcome to bloomberg market day. ♪ from bloomberg world headquarters ind morning, i'm betty liu. here is what we're watching this hour. two years after going private, dell is on the new again. company buying emc for $67 billion in what will become the largest tech deal in history. it is a question the fed has been battering around for months, is the economy strong enough for a standard rate hike? after suffering to airline disasters in 2014, malaysian airlines is trying to rebrand its image. can the carrier remain in business as it teeters on the brink of anglesey -- bankruptcy? we are 90 minutes until the trading session. i want to head back to our market desk with julie hyman. she has the latest on the markets. julie: stocks are having trouble sustaining begins we saw last week. it was a eight week asked week, the best of the year we have seen last week with the s&p 500 rising to its highest since august 20. now we are a draft at the moment. take a look at the bloomberg terminal and the various sectors and where they are going right now. and even balanc

take a look at my bloomberg terminal. i have been measuring how much we have been recuperating from the august sellout. drop through 12% that august selloff. almost all the way back to where we were before that job -- before that drop in august. betty: earnings a big part of it. really bank in addition to china we had that news, top of what we particularly in technology, a lot of positive earnings. the company's earnings beat estimates. it is getting a lot of demand for internet-based programs that handle a lot of tasks. cloud-based applications. that is sending those shares much higher. amazon reporting unexpected profits, those soaring to the highest ever, up by 6%. getting a lot of traction from amazon web services, which saw a revenue rise by 78%. google, those shares by 9%. also at a record after google not only beat estimates but also authorize its first ever by back. have to mention another stock that is not reporting earnings. facebook up 2%. getting an overall left in technology and that dramatic outperformance i

eastern time right here on bloomberg television and on bloomberg radio.er will be joining mark crumpton and tom keene and kathleen hays. much more ahead on "bloomberg market day." walgreen set to expand its drugstore empire and a $9 billion deal to buy write it. the question now is whether regulators will get in the way. ♪ betty: good morning and welcome back to "bloomberg market day." let's head back to the markets desk or julie hyman has a check on company movers, including the deals going on. julie: big and small -- one that we of not gotten to is chicago bridge and iron, more on the smaller side. their earnings should be analysts estimates, but they also announced the sale of its nuclear construction operations to toshiba's westinghouse. this has assets in the u.s. and china. buy aill acquire those new subsidiary. shares are higher by 14%. the group is also getting a boost and that is because westinghouse is in negotiations to higher a managed construction workforce onto u.s. projects. though shares are up by 7% as well. bella, theing at cap hunting a

this is "bloomberg surveillance. ♪ mike: this is "bloomberg surveillance."trike at general motors has been avoided. the contract will offer raises to union members. they will vote on it this week. toyota retakes the top spot as the world's leading automaker. play at a sold 7.5 million vehicles during the first nine months of the year. volkswagen's investigation of that scandal is including managers who may have turned a blind eye to the fake test. some managers will share blame because they knew about the tests and failed to take action. that is your latest bloomberg business flash. the pboc cut interest rates on friday. this is ahead of leaders gathering in beijing. like ining in tom or beijing. rates that target growth slower. we are expecting new targets this week. that's right. china's leaders are meeting in beijing against the background of that rate cut by the idiocy. china's leaders are meeting not to discuss the growth of the next few months, but the outlook for the next five years. they are planning reforms that time. it's a difficult transition fro

you are watching "bloomberg go." ♪ stephanie: welcome back. this is "bloomberg go."sing key and where they are going to be in a year. the u.s. dollar? tom: up. stephanie: debbie ti crude price? tom: down. david: fed funds rate? tom: above. stephanie: u.s. unemployment? tom: down. stephanie: if you have $1 million and could house anywhere on the planet right now, where would it be? tom: los angeles, california. david: [laughter] which is where you live. bloomberg's own jason kelly, thank you for spending the hour with us. next, diving deeper into bill gross's multimillion dollar lawsuit against pimco. wagner, where he is putting his millions to work now. that's coming up on "bloomberg go." ♪ we are now just 30 minutes away from the opening bell. welcome to "bloomberg ." stephanie: it is time for our 9:00 high five. here we go, in slow motion. erik schatzker is in the house. guess who else is here? david: tom wagner is here. he is a distressed debt and high-yield wizard. erik: you manage $4 billion? yes. thank you for the villanova plug. vonnie: for the second time

on bloomberg .th us, this is "bloomberg surveillance," from the home of the new york mets. ♪ tom: good morning, i am on "bloomberg surveillance," we greatly appreciate your attendance. let's get to the business flash. vonnie: united continental has appointed and acting ceo. he will run the airline why the ceo is on indefinite medical leave after suffering a heart attack last week. apple is expanding its retail footprint. ceo tim cook says it will have two dozen stores in china. and credited night apple's chief. >> we are on a rapid expansion in china. so when angela came on board, we only had a few stores in china. ouraturday, we are opening 24th. vonnie: apple music has 6.5 million subscribers. spotify says it has 20 million subscribers. in june, deutsche bank mistakenly set -- mistakenly buyers.to hedge fund the money was recovered a day later. we need to bring and hans nichols now on something that i think has been misreported. know, this is not a joke. it is ageless. this happens all the time. $

eastern on bloomberg television, bloomberg radio, and bloomberg.com.here is what is coming up in the next 20 minutes of work -- "bloomberg market a." buying thefter natural gas business, why the change of heart and how much will it cost them? don't call them loan sharks. these enterprising businessmen advancementt cash with an interest rate of 250% a year. that story is coming up. the s&p 500 is posting a gain and the vix is falling for the sixth consecutive trading session. a sign that the summers involved till he is behind us. we will investigate that. ♪ pimm: this is bloomberg market day, i am pimm fox. we are an hour into the trading day. let's figure out what is going on in your. we have bloomberg's mark barton, and he has the latest. mark: the biggest increase since the end of august, investors are latching onto the narrative that monetary policy globally will stay lower. there is an even chance that the hikeill delay its rate into next year or even later. ligety bond market. germany is worth looking at. we had an unexpected drop in german factor

bloomberg "market day."dy loop. starting with a check of the headlines. mark crumpton has more. mark: russia is taking issue with report -- with report on what happened to malaysian it airline 317. on board were killed. the russian official says investigators set out to make " biased conclusions for political purposes.:" the russian company who makes the missile as its own tests were not able to duplicate the damage to the plane. benjamin netanyahu his company is working on what they call aggressive respect -- aggressive steps in response to the worst violence since the gaza strip war. -- comments took parliament with parliament came in the middle of a meeting with security officials. this came as another spot them of deadly attacks occurred in just 90 minutes. israeli authorities say to palestinian men boarded a bus and begin shooting in staffing passengers. another attacker ran it into a bus station and stabbed bystanders. two israelis and two of the attackers killed. pulling out in northern afghanistan. t

watching bloomberg "markets."liu. brendan greeley has more from our news desk. willn: -- brendan: they correlate with local forces to fight islamic state militants. fewer than 60 americans will be involved. the president also authorize sending more warships to turkey. the rockets struck the syrian capital of damascus. that happened as diplomats met for a second day in vienna to try to end the syrian civil war. says the talks are only two and the conflict. they say it is up to the syrian people to decide the future of president al-assad, who is backed by russia. he is eager to finance. the senate gave approval today to effort a debt default. it lists budget caps, an extra spending.n in investigators trying to figure out why passenger jet caught fire as it prepared to take off from fort lauderdale, florida. the 767 was taxing to the runway when an engine caught fire. they were evacuated using emergency supplies and only one person was seriously hurt. the world series resumes at citi field in new york. the kansas cit

bloomberg surveillance, bloomberg radio, bloomberg television, we are worldwide. an 18.4 million unit rate. we thought we would never see that. michael: g.m. is much better at -- then estimates at 12 and a half percent. ford is supposed to have a big month because they now have enough f-150 pickups to sell. tom: it speaks of the resiliency of any given crisis. we have been following this every day since august 2007. as of the first week of june this year, i thought i be it was a boring summer. michael: ford is out. 23%. i am impressed. 2007,alking about august and someone who has seen cycle after cycle is arthur levitt, former chairman of the sec. a bloomberg lp board member. it is amazing when america is in andm, we get into our gloom we clear our way out of it. we seem to do that time and time again. arthur: i think that is part of the american spirit. it is a resiliency. not ton ability and -- look back at thousand years, to look back 100 years and say we have been there, done that, we have the stuff, strength, and vision to pull us out of a particular down cyc

♪ betty: welcome back to the "bloomberg market day." first democratic presidential debate is next week. why do democrats think about their choices? that question was put to voters in iowa and new hampshire. >> hillary clinton, three words or fewer? >> experience and knowledge. >> experience and caring. >> hillary clinton? >> probably when. >> still impressive. had a family situation and you could call any of those democrats for help, who would you call? >> hillary clinton. she seems like the most genuinely concerned. >> she's a mom. >> she's well-connected. >> she is such an accomplished female leader who in the face of defeat has continue to persevere. >> she has seen how the system works, so she might have a better chance of getting things accomplished quicker. >> she can skip over any learning curve whatsoever. >> a woman stepping into a predominately male arena, i felt like she had to hold her own with them instead of just being who she is. think she's doing that now. a little moreis general just in that she speaks articulately abou

blair: next on bloomberg go. -- "bloomberg go." ♪ david: welcome back.and hedge fund tightened tom stier. thank you for joining us. we have a lot to join us -- talk to about. sidelines largely in terms of your investments. tom: i have not love at a stock quote almost three years. david: we will not ask you to pick any stocks, but give us some sense, do you wish you were back in it. what would you be looking at right now? tom: the fact of the matter is that i was a professional investor for 30 years. i loved it and i love the people i worked with. i love investing. cold turkey at the end of 2012. since then, i have been doing a different job, i've been going out as hard as i can. i am really glad i did it. does market volatility incentivize you at all? of few days we have a lot of men chomping at the bit, not necessarily buying big, but volatility is when true investors see great value. nothing here makes u-turn and say i need to get in? tom: actually, i see the world a little bit differently. what i see in terms of investing a longerthing else is time sp

this is "bloomberg ."president is going to be speaking live 11:00 this morning on afghanistan. the president is going to tru -- the president is withdrawalst troop and the country and keep 5000 troops in the country after 2016. vonnie: john kerry planning a middle east trip to meet with israeli and palestinian leaders. hoping to ease tensions after a month of violence. 40 people have been killed in the last four weeks, most of them palestinians. israeli troops are patrolling the streets in jerusalem. years, third time in 40 millions of social security recipients are not getting cost of living increases in benefits will not be boosted. the government announcement affects more than 70 million people. about 1/5 of the population. dithersn of wisconsin about becoming house speaker, the line of candidates is growing. darrell issa of california says he would run only if ryan does not. six other republicans say they are interested. those are the latest headlines. stephanie: thank you. deepak, you've made a killin

this is bloomberg "surveillance." ♪ francine: it this is bloomberg "surveillance." see what you're watching for the rest of the week. us.e dimon joins a few hours later, there is a live interview with john williams. that is at 2:00 in new york. on thursday, the ecb sets interest rates. that is at 7:45 a.m. new york time. let's get more reaction to the chinese gdp numbers. us is the professor of the london school of economics and larry hathaway. we talked a little bit about growth. it's difficult to really read the transition that china is going through. are you confident that consumption will be higher? are you worried that households are being strangled? >> i think it's funny to talk about rebalancing to consumption falling frome is 70% to 60%. otherconstantly 80% in countries. this is the kind of distortionary growth model for china has. it is really hard to stimulate chinese consumption. get -- allow them to claim their shares of gdp. is laborst barrier mobility into services. that needs to be loosened. i think there is pressure on consumption. inflation expectat

bloomberg markets day. from bloomberg world headquarters in new york, good afternoon. i'm betty liu. markets are on the verge of closing lower as the four-week global rally takes a break. how worried should investors be about slowing global growth? merger monday. back in a big way. bridgestone buying pep boys. what is fueling the acquisitions? and what really happened at aig during the financial crisis? on why benttorney bernanke is telling the wrong story. about one hour away from the close of trading on this monday. let's go to the markets desk where julie hyman has the latest. julie: we anxiously await the from the federal reserve. i had a back and ahead of a lot more earnings coming later in the week, little changed today on the major averages. volume on the s&p 500 is about 7% below its 10 day average. stocksr discretionary and health care holding up pretty well today. energy is the big dragon has been throughout the day. right now down about 2.2%. oil and natural gas are the reasons. lower on the global oil lot. , the fourth straight down day. with had some mild

much theyou very invitation to come on bloomberg is. -- news.ky bet,ol is not for investors but obviously for pension ears. today we have a couple of gdp from carbon. valued at 500 ilion dollars in the upcoming year 26 the -- 2016, with will begin testing divestingfrom -- holdings. the bottom line is that continued investments in thermal aal is a risky bet and is horrific thing for the public health of our children. david: you mentioned the size of those pension programs. a small percentage of that is coal. and this is mostly a rather symbolic gesture. >> there is a lot of financial investors globally that are a technology the risk of the holders from citibank to hsbc, to berkeley's. fund combined value is about half $1 trillion. it is and said, continues to be a risky bet. the valuation has dropped continuously with consistency throughout the calendar year. the bottom line is it is a bad best because of the risk associated with the public health of our children globally. david: i would ask you about the way this change was made. after sandy hoo

"bloomberg surveillance" in new york. we need to look at her first word news from bloomberg.ere is guy johnson in london. : far-reaching implications for facebook. the european union high court decided a data sharing deal between the u.s. and eu is invalid. they say it does not adequately protect the privacy of citizens. have been pushing facebook. this deal goes back 15 years. in germany tomorrow, volkswagen must give the government a plan for fixing diesel powered vehicles. one of the vw's options is the replacement of cars. they must regulate at this worldwide. the scandal has up to 11 million --s with emissions tr tricking equipment. dropping 1.8%. the ranks of the jobless to 2.7 million. it surprised economists. they are talking about this being related to the slowdown in china. we haven't started talking that the impact of vw. let's bring hans nichols into that story. how vulnerable is germany right now? we have frankfurt's which seem to be conflating. hans: the order numbers are down. want .8% on the negative side. they expect to 0.5% growth. the july numbers were revi

welcome to "bloomberg market day." ♪ ♪ from bloomberg headquarters in new york, good afternoon.e is what we are watching this hour. a potential blockbuster deal. pfizer is in talks with botox maker allergan, which would lead -- be one of the biggest drug industry acquisitions ever. and, the man who did not even want the job is the new speaker of the house. tol ryan says he would want do away with business as usual in washington. where does he start? first, julie hyman is standing by. julie: we see a little decline in stocks today. part of that has to do with a fed hangover, people trying to assess what it means that the fed is opening the possibility of raising rates at the december meeting. we had technology weighing on -- averagese as well. if you take a look at my bloomberg terminal, we have the map of groups doing best and worst today. utilities the worst performing group, followed by technology, though technology is a bigger weight in the average. health care one of the few bright spots, along with energy. what's going on with utility stocks, we tend to see them decline whe

welcome to the bloomberg market day. businessthe bloomberg flash. real estate not slowing down.n 20 u.s. cities rose faster than in august. prices were up 5.1%, the biggest increase in a year. as you heard from robert schiller earlier, there are warning signs in the housing market. also, americans are not as optimistic about the economy. indexnsumer confidence fell in october. however, the number is higher than the average during expansion. and t-mobile paying the high price of user growth. the wireless carrier reported earnings that missed estimates. than oneed more million new subscribers, but that also put pressure on the bottom line. coming up in the bloomberg market day, the ceo of t-mobile, atn legere is joining us noon eastern time. you can always get more news at bloomberg.com. let's go to julie hyman to check another company movers. julie: rabble not doing so well today. the company reported an increase in active diners, but the daily average fell, although they did rising year-over-year. the company projection for fourth-quarter revenue and eva. below estimates as well

betty: you are watching the bloomberg "market day." this is the bloomberg "market day."ay." i am betty liu right here from bloomberg world headquarters. we have a lot ahead for you starting with the global stock rally building in the u.s.. strong earnings add to the gains after mario draghi hence more stimulus may be on the way. in shares get hit again after the man says he thinks valiant is doing something illegal. hillary clinton is still testifying before a house committee about the 2012 attacks against u.s. personnel in benghazi, libya. she accepted responsibility for the attack but it insists that she worked hard afterwards to protect the department workers.

welcome to the "bloomberg market day." from bloomberg world headquarters in new york.liu. here is what we are watching this hour. an hour to go until the market closes and stocks are surging higher. the s&p on the verge of the longest rally of the year. high-profile insider trading convictions could be in doubt thanks to the supreme court. we will explore what is next after the court refused to hear a government appeal. hillary clinton releases new gun-control proposals. will it be enough to reverse slumping poll numbers as she tries to draw a distinction with her rival, bernie sanders? we are about one hour from the close of trade on this monday. let's head to the markets desk where julie hyman has the latest. we are near our highs of the session. julie: we are. it has been

"the bloomberg market day." the bloomberg market day influential summit is taking place right now in new york. jeff smith is speaking with bloomberg's erik schatzker. let's listen in. so, we are more active than most, but i would not say that that is what makes is necessarily different. we are operationally focused as well. there is a real sensitivity on our side to the challenges for the team. we are not the ones you're just going to stand outside. just writing poison pen letters, for example. jeff: we understand that it is hard for a board with real-time difficulty. back ass when you sit an investor you can criticize the past. we work really hard to make sure ont we are focused not just the past. the past is important, it goes to credibility and execution, but we want to make sure that we are thinking real-time about the challenges and decisions the need to be made inside the company today. seeing if we can predict some of those challenges and opportunities and making sure that we are helping the management te

d on "bloomberg ♪ david: welcome back to the bloomberg market day.y fair new establishment summit where emily chang is there on the ground talking to all the newsmakers and tech. you were talking to ed williams. emily: yes, we did speak with the cofounder of twitter. since namingerview jack dorsey permanent ceo of twitter. interesting to see his unfiltered take on how they arrived to this decision and what you think's about the fact that jack will be doing two jobs at the same time. musk does not recommend it. >> i don't think jack would recommend it either. he has his commitments at square. it is not ideal. we don't want anyone's time split. it did not change the fact that we feel a key is the best choice. -- feel like he is the best choice. >> they did talk to a lot of outside candidates he felt jack is the best person for the job despite that he has another very important job as well. we talked to him about his relationship with jack dorsey. a lot has been written about the tension between the two of them. we asked about the state of their relatio

"bloomberg surveillance." ♪ francine: this is "bloomberg surveillance."acqua, with tom keene, in london. tom: the morning must-read is a wonderful thing, and this is very important after being in the cigar bar without cigars. from "the financial times." we are honored to bring you charles lord powell of the house of lords. to put in perspective here, the church by the tower of london, there is that old london floor. it brings back the loan and floor -- the roman floor of ages ago. the temple. tell us about british exceptionalism within the london boom. more powell: after all, what country of our size could have conceived of the global empire? what country could have stood alone against hitler's germany, waiting for the united states to join in, but a little bit late. what country could be the first at discovering many fields of science and so on? we really do feel we are exceptional. people regard that as being perhaps being a little bit pompous and self-important, but we are exceptional. francine: are you exceptional enough to be renegotiating with eu in

to "bloomberg ."'s largest company posted a third-quarter loss, the biggest in at least a decade. deutsche bank put aside more money. onnwhile, the bank plans adding jobs. -- cutting jobs. barclays said third-quarter profits fell 10%, missing estimates. the second-biggest bank and the u.k. has been restructuring and cutting costs. they named a new ceo yesterday, aiming to complete what he calls a necessary transformation of the investment bank. cheaperzon will offer ways to connect gadgets like smoke detectors to the internet. starting in the first quarter, verizon will offer options that use less overheads so that devices can connect to the web for less. and that is the news you need to know at this hour. david: thank you. establishment candidates raised their voice last night in the third republican presidential debate. the first debate of the season supposedly focused on the economy. mark halperin joins us from colorado, where i expect he has been up all night. mark, while compared you want to star

bloomberg "surveillance."re, if you go to raffle's bar you can have a general and tonic without air-conditioning. the they say it is like 1930's or 1940's, they are not kidding. i had a jenin tonic at raffle's and it was 142. let's go back to our bloomberg second, third, or fourth word news. are biddingomists on a program. ecb president mario draghi spoke to reporters. to show that his ready to increase the bank's buying program without panicking investors concerned about the eurozone economy. a economist predict the ecb will keep interest rates unchanged today. john kerry is in berlin to quell the violence between israelis and palestinians. he is meeting with prime minister netanyahu. saying that both side should tone down the rhetoric. on saturday he will meet with the palestinian leader and the jordanian king. on capitol hill, republicans of clear the way for paul ryan to become the next bigger of the house. antiestablishment conservatives voted to give ryan their support. the freedom caucus is the same one

bloomberg "surveillance" continues on bloomberg television. bloomberg "surveillance" on bloomberg tv, on your phone and bloomberg.com. ♪ tom: money for nothing. dell paidy, michael $40 million to acquire emc. ling continues, margin calls fate as commodities advance. jonathan ferro bought gold at $900, it is $1163 an ounce. an era of negative interest rates. good morning, mr. draghi. it's bloomberg "surveillance. " live from london. i'm tom keene with jonathan ferro. francine lacqua will be back tomorrow, traveling back from lima. wonderful to be here on the markets. i see a churn. more data to get things going. jonathan: you disclosed my position in the gold market. the commodity market is the center of the rebound. feeds to stronger em and fed across the higher energy markets and is driven by the minors. tom: equities, bonds, currencies and commodities. through the week and right now desk,he news from our here's donna quint -- vonnie quinn. vonnie: president obama says he's not considering changes in syria despite russian's role. he called ru

this is bloomberg "surveillance." ♪ francine: this is bloomberg "surveillance."let's get to the bloomberg business flash. atnie: walmart is looking cost cuts after a decline in earnings. the retailer may close some stores in the u.s. they make it out of poor performing markets overseas. alibaba has offered to pay the videof a popular streaming site it does not already own. at 4.2 million dollars. alibaba already owns 18% of the company. win says the uncertainty of complicating decisions of hiring and training employees in macau. city, a smaller casino market might help those that have survived. the city's 8 casino say revenue rose in set timber. they have 4 fewer casinos than a year ago. francine: thank you. let's get to today's morning movers. look at the ecb expectations for qe.e -- four -- jon: we are testing levels we struck in april. 80 eight basis points. we are around 110, a reflection of what they may do at the end of the year. grinds it a good or bad to a more narrow spread? the bigger move is coming from expectations of more qe from more inflation. they

more "bloomberg market day." ♪ >> welcome to the bloomberg market day. ♪ >> from bloomberg world headquartersrnoon. alix: on this very cold monday in new york, here is what we are watching this hour. china's economic growth falling the that below 7% for the first time in six years. we will have the analysis. scarlet: does the rural area economy need more help? we will have a preview. alix: listen up star wars fans, tickets to the latest star wars film is making sure to give will be awakening early. they go on sale two months before the movie even hits the big screen. alix: let's check in with julie hyman.

take a look at my bloomberg terminal.e have technology far away -- far and away as the best format. technology up almost 3% as a group. from whate rebounding we saw yesterday i negative hospital earnings. the more defensive groups are the worst performers today as we see a rotation. the other thing i wanted to look at was the high/low ratio -- 52-week highs versus 52-week blows. we have been looking at underlying -- lowes. we have been looking at the inportion in the s&p particular, during the august selloff, and even before that. you saw quite a number of lows versus highs, and of course during the selloff. now it is coming back. there is an underlying strength. that could be one indication of it. ok, julie. thank you so much, julie hyman. we have breaking news. vonnie quinn has more on the bush campaign. vonnie: yes, indeed, that he. jeb bush, once a front runner, and -- andme plummeting an across-the-board pay cut, illuminating some senior staff, and canceling some fundraiser -- eliminating some senior staff, and cance

bloomberg market day.ime now for a check on our top business headlines. united auto workers plans to go on strike at 11:59 p.m. tomorrow. would have provided a racist to all workers and narrow the pay gap for second-tier workers. being capital liquidating its $2.2 billion hedge fund. bain capital. the trade deficit soared in august. it rose 16%. exports have been hurt by the stronger dollar and weakness in china. you can always read more headlines at bloomberg.com. let's head over to our markets desk. kullman who retiring.upont edward green will be taking over. the shares are searching on this. -- surging on this. a so-called sum of the parts valuation. what would these various pieces be worth alone? --ut 30% where the shares above where the shares are trading right now. line, dupont shares down 25% since that proxy battle. that gave her less bargaining power when it came to stay or go at the company. spinoff from dupont. these shares down 60% since that's been off. there is no guarantee that the stock of

take a look at my bloomberg terminal. wait talked about technology doing the best followed by health care which is rebounding. energy and utilities are at the bottom of the list today. what about [inaudible] julie: so slowing momentum in the rig declines. raising concerns. down 1.5% although oil was falling quite sharply even before that recount came out. the oil price is pressuring those energy shares. then i mentioned utility shares of the worst-performing group today. that as we see yields higher in this risk on environment with people buying stocks and showing -- selling treasuries. higher, the dollar is going higher as well. rising today to its highest and quite some time, up about .75 of 1%. betty: let's get a check of the headlines. mark crumpton has more from the news desk. mark: the u.s. military has released the results of the investigation into the march crash of a black hawk helicopter that killed all 11 service members on board. the associated press obtained the full report which says the national guard pilot

this is bloomberg "surveillance." ♪ jonathan: this is bloomberg "surveillance."rro in london ith tom keene in new york. tom: we're going to do the new ook in our next section. we have touched on it through the hour. no one but no one forecast the collapse to have soviet system, socialism is a doctrine of optimism. socialism's eclipse is the end of hope. it really alludes to our emotional politics in the middle east now. we all have a hope for a strategy on syria. whether it is henry kissinger or president jimmy carter. there is a search for a strategy, a new strategy on the middle east. what will you advocate for prime minister cameron? >> well, i have been saying for sometime that the problem of syria and the problem of iran, iraq, the problem of israel, palestine are interconnected problems, all created by the collapse of the empire 100 years ago. the british and the french drew the boundaries in the sand. all of that is unraveling now. what we need is an overall conference. not just syria. there is a syria problem. there is an israel/palestine problem. it is n

it is a bloomberg exclusive. stephanie: welcome to bloomberg . i'm stephanie ruhle.. we have a lot today. we have our favorite friend. our very special guest host for the hour is the ceo and chairman of starwood. david: matt miller, can we have some breaking news? matt: we are looking for $1.45 eps, and the numbers have not rolled across the ticker yet.

♪ alix: from bloomberg world headquarters in new york, welcome back to bloomberg markets.et: mark crumpton has the first word news. american commandos will soon be on the ground in syria. authorizingama is fewer than 50 special forces to deploy to the north of the country. their mission, to work with local grand forces -- ground forces in the fight against islamic state. german chancellor angela merkel continues her visit to china. she met with humans right that human rights activists. the meeting came not long after chancellor merkel had .alked with xi jinping one person is dead and another seriously injured after a building collapsed in new york city. the building was undergoing demolition work as part of a hotel opening. dozens of firefighters and other emergency workers remain at the scene. president obama says he is eager to sign the new budget deal. it extends the borrowing authority until march of 2017. eric lawson joins me now with the latest. what more do we know about it? eric: the deal was done surprisingly with a few days left before the deadline. week, markets

are watching the "bloomberg market day." start with the first word news. we start with president obama and russian president vladimir putin. president obama says russia's military action in syria is n's hold on puti leadership eroding. mr. obama portrayed their decision to launch airstrikes syria as a desperate move. the obama administration has put an end to that training program for syrian rebels. a sign the program cannot produce enough ground forces to take on islamic state in syria. the pentagon says only four or five rebels were still fighting. , one college student was killed and three others wounded in an early morning shooting. it happened in northern arizona university when two groups of students got into a confrontation on campus. a freshman has been arrested. >> we awake this morning to a terrible tragedy on our flagstaff campus. we are shocked and deeply saddened by the circumstances that bring us together this morning. vonnie: the shooting took place in a parking lot outside in northern arizona university dorm.

> welcome to the bloomberg market day. betty: from bloomberg world headquarters in new york, good afternoon. a mixed day in the markets. oil and the dollar are tumbling. two years after taking his theany private, largest tech acquisition in dell, yes orhelp no? building on her frontrunner status what will other candidates say to cut it to her lead? we are one hour from the closing now. latest and has the we just cannot hold onto this rally. julie: keep in mind the context, columbus day, volume is trending lower. it looks like we may be extending by a tiny bit ra. stocks have been bouncing around throughout the session and oil we had opec you take the last month was the highest in three years by opec nation. that is helping to push down oil prices. readers writing a bearish stance on oil prices we've seen oil prices down by almost 5%. barrel touch about $50 a , rise against highest $50.13. the bloomberg airline index is rising for the fourth straight day. it has been gaining steam throughout the session, of 53%. that rally

we welcome everybody on bloomberg tv to bloomberg radio.loomberg advantage with carol massar in cory johnson. we're talking personal finance with our own peggy collins. something that we are noticing is how they are hoping some of their really rich diets get into real estate. they have done it before but it is different now. >> this is part of a wider trend in terms of very wealthy clients wanting direct investment. what we are seeing some of the private banks doing from jpmorgan chase citigroup, over the past four years or so is essentially go out and find projects where they pull money from their private bank clients and they can actually offer than specific deals. if you look at the tallest residential building going up in manhattan right now, 432 park avenue, that is being funded with about $400 million with the citigroup private bank clients. in boston, four seasons hotel, a 60 tower building going up, another citigroup pool of trident plague clients are going in there. you're seeing these ma rquee products that are being pulled. cory:

that does it for bloomberg go.lineup. ♪ scarlet: it is 10:00 p.m. in hong kong. welcome to the "bloomberg market day." ♪ betty: good morning. here is what we are watching this hour. it is the largest sect deal in history. dell is going to buy emc for 67 billion dollars -- $67 billion. meanwhile, commodities are marching higher on speculation that china's stimulus efforts will boost demand. is the worst over for commodities? can the dysfunction and commodities get any worse? we speak with former senator joe lieberman and former governor jon huntsman who say there is hope that we can all get along. meanwhile, we are about half an hour from the trading session