information agency, lydia fire thunder bluebird uses her uncle's winter count to explain the tradition. narrator: in the great central plains of north america, there was at one time an open prairie. it was the domain of many great indian tribes. the sioux were one of these tribes. [native american singing] ♪ their existence on the plains depended on two animals, the horse and the buffalo. a♪ -- ♪ with horses, they were able to pursue the buffalo, and from the buffalo they obtained their food, shelter, clothing, tools, weapons, and almost everything else that was needed for the tribes to survive and flourish. each year of their past was recorded through a symbolic drawing and handed down as history from generation to generation. >> my name is lydia fire thunder bluebird. i'm an oglala sioux. this is my great uncle's winter count. in sioux it is called [speaking sioux language] he was the one from the tribe who would make drawings of something important that happened each year. ♪ each one of these pictures stands for one year. we did not use numbers like today. instead, each year had a s

information agency, lydia five -- fire thunder bluebird uses her uncle's winter count to explain thereat central plains of north america there was at one time an open prairie. it was the domain of many great indian tribes. the sioux were one of these tribes. [native american singing] ♪ their existence on the plains depended on two animals, the horse and the buffalo.

carol: we want to get back to the bluebird 50 red carpet.after a trick to bangkok, startedceo ankiti bose a market. ankiti: the balance sheet is almost 5% of global gdp, so it is huge. besides that, very little technology has really touched the entire industry, which is remarkable. the way yourrials, iphone is made, unlike any of that, that is very little really anyy, or amount of transparency and apparel. that leads to all these problems that fashion is accused of, that we are filling up the landfills, that there are children working in factories making close for you.hes for or that the children are cannibals, people are buying too much. all of that can be solved with technology, creating a lot of transparency. that is where we come in. we provide a technology platform for mills, factories, to attract the brand that wants products made by these people and make sure it is done in a sustainable, transparent way. jason: i love the transparency piece. if we think about our big themes of 2019, fashionopolis, the great book about fashion and ever

this is bluebird. -- bloomberg.aylor: we are coming up on the conclusion of a decade and a big tech has made its mark. -- and big tech has made its mark. i spoke to dan ives for his forecast of 2020. >> really, a continuation of the thesis in terms of the super cycle. it really comes down to the math. iphonesions of those worldwide. about 1/3 of those, 350 million have not upgraded in 39 months. we are going into a super cycle, 5g on the tail end of that, and when you look at that, some of the parts, i think this is a re-rating stock that continues to go higher. i think $350 is base case. i continue to look out two, three years, you could see a stock that starts to approach $1.5 trillion to $2 trillion in terms of that core thesis playing up for the next two -- playing out for the next two years. taylor: what if the super cycle doesn't materialize? dan:, great question. i think that is the bear thesis. what happens if 5g is a bust? especially on the first part, i look at the iphone 11, you look at the trajectory goi

or other campaign events w we will determine with individual reporters or answering queries from bluebird-by-case basis. that will remain the policy of "bloomberg news" responds that decision, john limburg news editor in chief with a response of his own, that could not be further from the truth. we have covered trump fairly in an unbiased way since he became a candidate 2015 and we will continue to do so despite the restrictions by the trump campaign. here now, senior advisor to bloomberg 2020, good to have you with us, thank you for being here. you were on the opinion side of bloomberg and have gone over to join the campaign. you worked in a lot of news organizations over the years "new york times" "wall street journal" but do you think it was a mistake "bloomberg news" with the original statement saying they would not do any investigative reporting on mike bloomberg before the other dams but they would have the trump campaign? >> you know, i think what is interesting it only took about a week for mike bloomberg to get inside of donald trump said. the president is already targeting mike

and that your bluebird business flash. flash-- bluebird business -- bluebird business flash. tracy?his is bloomberg. ♪ his is bloomberg. ♪ tracy: it is 11:30 p.m. in new york, u.s. equity features kicking lower, over 1/10 of a percent on a mixed trading session underway in asia. meanwhile, the 10 year benchmark treasury yield kicking over at 1.84%. citigroup analysts say the recession forecast are frightful, but the data is so delightful, referring to that blowout u.s. jobs number. how do we square that positive data with the forecast for a slowdown in the u.s. economy, or even a recession? that is the answer investors are going to have to be seeking today. let's check in with the first word headlines around the world. here's annabelle droulers. annabelle: the latest opinion polls give boris the lead four days before the election. brexit seems to be a top the election and they are backing the candidate most likely to win the seat. . the candidates worn complacency is the threat to a conservative victory. president trump is downplaying missile test in north korea, saying kim jong-un

excited about that now you're out in the world and as you said you're getting the feedback and the bluebirds are coming back from the field. what are you learning about your products out there? >> it's been fantastic. in addition to providing feedback we are also to find out where the market is. we are not like a normal company that would find that market first and find a product for it. robots are like people for better or for worse of having a platform that can be a top -- adapted as an opportunity to see what's out there. gas and oil and public safety which means police response in that type of stuff and construction. we have some pretty big entertainment customers we are working with. we thought those would be the big thing but we are really looking forward to seeing what comes in and was never thought of. >> wait a second, entertainment. i say you've done something lesser des a whale as cert desjarlais. >> did a project with cert to soleil. i think the video is on line. we have got the robots doing a little bit of dancing but we do have customers who are looking at other applications. n

of bluebird buy 5% according to people close to the deal. pay about 30 million. -- $30 billion in price 20% above bloomberg's -- bluebirds monday close in jakarta. teamworkconsolidate from crown holdings. west bank has been hit by a new capital requirement as the banking regulator formally launched an inquiry into claims it led a breach of money laundering laws in australia. about $350 million u.s.. the regulator is looking at whether there is a breach of the banking act and will review its risk management, pay, and culture. it is time now for stock of the hour. you are looking at hiring laconic's. -- higher electronics. up 7% and allng, down to a division of this to take the company private. the stock is up 20%, the july 2018.ains since best performer on the msci china index as well as the best performer on the msci asia index as well as citibank saying the proposal for its haier electronics could be valued by its parent -- we have an analyst writing it could help to structure ander's usenet cash on hand. no buys twoonics, sells. air-condit

. >> >> three very rich candidates, michael bluebird and tom stier spent a combined $200 million on politicals mind blowing but with that in mind do you think it is fair because they can reach in their back pocket and spend money whenever they want whereas the other candidates like pete buttigieg and elizabeth lauren and even joe biden can't. >> money isn't everything but it certainly helps. if you look at the polls stier spent all this money and nobody knows who tom stier is even in a democrat primary. elizabeth warren has far better name recognition regardless how much money he spent but when you bloomberg spending that money but then the ceo of new york city for two terms he has a track record to run on. his efforts are going to bring chaos into the primary come supertuesday. >> this money spent by styron bloomberg, what we can expect in 2020? >> i think like i said will bring chaos to the democrat primary but in the end donald trump has presided over an incredible economy, incredible peacetime under his administration. i don't think there's any way any of these democrats are going to win

bluebird along with crystal myers. >> thank you, megan. >> it is time now for our cnbc news update withue herrera >> hello, here is what's happening. the trump administration slapping sanctions on three iran militia leaders for protests that have wrecked that country it hit a wealthy businessman with sanctions for bribery and corruption >> iran claims, it is increasingly clear to us that people at the region however, corruption and repression. >> here at home, the flu season is well underway for most of this country the cdc says as of november 30th, either reported widespread or regional activity the highest rate of hospitalization was among adults age 65 or older. it is never too late to get that flu shot >> the new york knicks, that's according to espn. the knicks lost their eighth straight game with their 129-92 defeat to the denver nuts last night. that followed a 44 points loss to the milwaukee bucs. you are up to date that's the news update, cou kourtney, back to you. >> you should show up at more of those. >> maybe he's a good luck charm. >> thank you, sue. >> administration offi

. ♪ david: this is "balance of power" on bluebird television and radio. i am david westin.e for the stock of the hour. designer brands is sinking the most since 2014, down almost 15% after the company cut its forecast in part because of the effects of tariffs. kailey leinz is here to explain what is going on with dsw and designer brands. kailey: one report said this was bordering on disastrous. not only did the report -- they said the headwinds we saw would persist into last year. they cut their forecast by about 22%. they now see it adjust 1.50 five dollars on the high end. they are blaming this on the weather. the other part is tariffs. we know tariffs on footwear are in place from china and for the u.s., 70% of footwear imports come from china. it has a direct effect on dsw. the ceo says they had success in mitigating the tariffs but what they did to mitigate the tariffs weighs heavily on the results. david: what did they do? kailey: what a lot of companies do. try to shift supply out of china , working with investors, and they said they have had success in mitigating 80

we have seen the dollar fall, the bluebird dollar index at a five month low. because for -- the bloomberg dollar index of five month low. be careful what you wish for america one upcoming guest says. the pound falling ahead of that u.k. election. hong kong's dollar raking into its stronger half of the trading. the korean won jumping most in five weeks and all of this ahead of the tariff deadline as well. a little bit of a risk on sentiment coming through in asian equities and assets today. >> absolutely. and you're seeing it with futures trading in singapore. having a look at what is going on there we are seeing an uplift . we could add to the near half percent gain we saw in the nifty session. -- nfte. the dollar is falling against its indian counterpart the rupee , half a percent down in the last three trading days. the bloomberg dollar index erasing the gains we have had this year. 10 year yields a spike up as well. it is a time when we are seeing not just a lack of any interest rate cuts a perhaps a pause in monetary policy is the general feeling. quite a

." ♪ kailey: hello and welcome, this is "bluebird best, -- bloomberg best."et's start with a day by day look at the top headlines. investors began the week in a risk on mood thanks to a dose of positive news on the trade front. >> the u.s. and china reaching the must anticipated phase one of the trade deal. to release thed agreement in early january. it involves a reduction in tariffs in exchange for more chinese purchases of american farm goods, as well as commitments on intellectual property, forced technology transfers, and currency markets. is this phase one considered a success? >> what is really interesting is we see a lot of people who you may call doves who had been hoping for something more the tariffswith and trade war we have seen. quiet rightwks are now, they are happy because a lot of tariffs will remain in place. we have a deal that imparts the trade deal where it is, but there are still a lot of tariffs in place. they thought it was stabilize, boris johnson wants to create a new brexit deal. the leader is looking for a stronger mandate. itsling

. >> that was the ceo of tiffany talking at our bluebird live event.his is bloomberg. ♪ ♪ >> i am taylor riggs. this is your bloomberg business flash. the turnaround in tesla is looking credible according to wedbush analyst, raising the price target to $370 a share. three consumer demand and profitability are said to be on an upward trajectory. soybeansorts of u.s. rose to the highest since november. more shipments cleared customs ahead of the signing of the partial trade deal in january. china's inbound shipments from the u.s. search to 2.6 million tons last month, up more than one million tons since october. that was updat your update. future,hines do in the what humans do now, a concern thinksinni rometty about. bloomberg asked her how ibm approaches the human capital element of disruption. >> this has been an interesting journey. ibmerseight out of 10 have skills for the future. about moving skills to the center of your this is not just education. it starts with telling people to be transparent. will your skills be in demand in the future or not? s

here to discuss, we are joined by bluebirds sophie alexander as well as bloomberg technology senior executiver brad stone. every analyst on the street said this is a great thing, they are consolidating. we now have seen our pichai, clear man in charge. try -- sundar pichai. larry and sergey have been receding from public view. rollback ofesent a the alphabet structure, putting one person in charge. i think the streets reacting the way they did because they think to dart will bring some discipline to those far off debts. most of them pretty well but not a lot to show for the others. as we transition from the business back to the iunder, one said frankly if were worth $50 billion, i, too would just take a leave and just had an island somewhere. you have been following them. what is their story? >> actually $60 billion. and they have seen a pay bump. in the past few days after the news, shares rose 3%. that means one point $6 billion for each of the founders, larry page and sergey brin. that does not mean that much because it is all still held enough about stock. it is only going to mean money t

this is bluebird. ♪ taylor: welcome back to the "best of bloomberg technology." u.s.rs have been after the popular viral video at tiktok for a variety of reasons. been a target of national security and data concerns. one more thing to be concerned about, the fact that it allowed children starting at the age of 13 to make in-app purchases. that is something senator marsha blackburn highlighted in a letter to the parent company, saying it is quote paving the way for the chinese government to gain unfettered and unsupervised access to our children's lives. on tuesday, tiktok responded by upping the minimum age to 18. i spoke to senator marsha blackburn a few days later to find out if that is enough to appease lawmakers. senator blackburn: i'm pleased that they have changed the age. that is an important first step. having these children streaming these videos, buying these emojis that could be converted to cash by recipients, it is just inappropriate. we want to protect children online. we want to make certain that apps are age-appropriate. you mentioned the other concern

information agency, lydia fire thunder bluebird uses her uncle's winter count to explain the tradition. narrator: in the great central plains of north america, there

ofek is preparing to buy 10% bluebird, according to people close to the deal.ould pay about $30 million for over 20% above the two-day close. they would consolidate as they face competition from grab holdings. those of the top global tech stories we are watching. shery: thank you. robots have replaced thousands of routine jobs in wall street and now they are coming for higher up. a cornell university professor and former head of machine learning at aqr capital testified in washington earlier this month about the impacts of artificial intelligence on capital markets and jobs. he joins us in new york. always great to see you. thank you for coming in. we have seen the changes because of machine learning in finance, but how much faster could these changes occur and what is riding this wave of change? guest: it's data. today, we have data sets that were not available to the three years ago. the only way to utilize these complex techniques. shery: when you say data, how is this different from, say, 10 years ago to a few years ago? how fast has the change been? marcos

already they are at a quarter of their average snowfall >> we are here on a bluebird day and the snowrticularly like going superfast downhill is fast and steep >> unlike downhill skiing, cross-country is done on flatter, more rolling landscape where you can ski or slide or snowshoe pretty much at your own speed. >> you can be in the snow when you can't ski. >> sometimes you see wildlife. >> i love it. >> royal gorge currently has 92 of their trails open amounting to 105 kilometers of ski able sierra country. that 65 miles to ski and snowshoe through all real snow. >> you can be out here and not see a single person for a while. >> i wanted to come here for about 20 years. >> esther ralston is here visiting family from her home in massachusetts where they ski 7000 feet oduced to >> the snow quality is nicer. it is not ac. >> dan horwitz and his family like skiing here because they can get out and enjoy the snow to go there. >> it's like hiking but it is snowy out. you can go a long way >> i love skiing come i love the downhill part. i make it through the uphill part. >> so yeah i would

. ♪ david: this is "balance of power" on bluebird television and radio.e have breaking news from pg&e. utility has reached a deal with wildfire victims. it will pay them $13.5 billion. it will be a half stock and half cash for the wildfire victims. that is just breaking across the wire and pgn stock -- and pg&e stock is up about 10%. we want to turn to climate. while nato members gathered in london, another group of world leaders are gathering in madrid. the climate change conference is underway with representatives from more than 200 countries. nancy pelosi led the u.s. delegation, with which our next guest attended as a member of the house committee on energy. we welcome debbie dingell coming to us from capitol hill. thank you for joining us fresh off the trip. let's talk about what is going on with climate. you have a proposal with other people from michigan about what we could do about the climate. tell us about the bill. rep. dingell: i have several bills. the one we introduced before thanksgiving is called 100 by 50. it would require 100% net carbon

coming up, "balance of power" with david westin on bluebird television and radio.land security secretary jeh johnson joins to discuss the latest on impeachment and security. a quick check on u.s. markets. the dow down 1.5%. all of the major averages down. this is bloomberg. ♪ david: from bloomberg world headquarters in new york to our tv and radio audiences worldwide, i am david westin. welcome to "balance of power," where the world of politics meets the world of business. on the brief today, david merritt from london on a divided nato alliance. lara davidson from capitol hill, and also from capitol hill, kevin cirilli on what comes next with impeachment. david, let's go to you first. we saw president trump and president macron. it seems like for an alliance they are not very much together. david: a sour meeting between the two presidents. president seems to have maneuvered president trump defending nato. we are used to hearing president trump attacking the nato alliance and criticizing other members for not paying enough. mr. mike rawlings comments about -- emmanu

the bluebird bus. we were the only people we knew who lived in a bus, or kids. and my parents expected us to be mindful of other people who had less than waited. and there -- who had less than we did. there are people who had didn't -- did not have intact families. we were not short of food that we were short of everything else , and still were encouraged to thing about others. and i'm very, very close to them. david: what took you to duke? dr. farmer: a scholarship. looking back, it seems like happenstance. i had high school guidance counselor who said, if you want to be a doctor you should think about universities where there is a strong focus on medicine. she mentioned only two. i had not heard of either of them, duke and johns hopkins. i looked at a map, she may have mentioned yell. -- yale. i saw duke is in north carolina and we are in florida, so that is closer. in the end, i only managed to fill out one application. david: you came from modest means as he grew up, public school. you go to duke. were you prepared? dr. farmer: no, i was not prepared at it w

this is bluebird. this is bloomberg. ♪ beyond the routine checkups.d the not-so-routine cases. comcast business is helping doctors provide care in whole new ways. all working with a new generation of technologies powered by our gig-speed network. because beyond technology... there is human ingenuity. every day, comcast business is helping businesses go beyond the expected. to do the extraordinary. take your business beyond. taylor: welcome back to the "best of bloomberg technology." u.s. lawmakers have been after the popular viral video app tiktok for a variety of reasons. the chinese company has been a target of national security and data concerns. one more thing to be concerned about, the fact that it allowed children starting at the age of 13 to make in-app purchases. that is something senator marsha blackburn highlighted in a letter to the parent company, saying it is quote paving the way for the chinese government to gain unfettered and unsupervised access to our children's lives. on tuesday, tiktok responded by upping the minimum age to 18. i sp

that is a firm tone on the expectations with the bluebird report out now. >> a shake up shakeup in alphabetow google and alphabet simultaneously. president sharp on the world stage today. today the president will participate in a bilateral meeting with the chancellor of germany. that's at 7:30 a.m. eastern and we will take you there live all morning long in london for the nato meeting. stay with us on that. [music]

we'll have a bluebird snow damond.day. >>> developing news, a woman is recovering after getting pinned under a muni metro train. it happened in front of oracle park. rescue crews had to lift the train to get her out. abc7 news reporter lauren martinez has more from the scene. >> reporter: reggie and kumasi, everything is running smoothly now. officers and investigators were here until 4:00 this morning trying to figure out what happened. apparently a woman was pinned under a train. it happened just before 11:00 p.m. the fire department came and brought in heavy equipment to get her out. apparently she's okay. she's with family, she was sent to san francisco general hospital. police say they are trying to determine why she was there. was she walking across? she wasn't pushed, so this appears to just be an accident. muni is now running smoothly. >>> new office space is coming to westville center in san francisco. >> the 7th and 8th floors of nordstroms will be converted into offices. the floors total about 50,000 foot fe

a bluebird snow day for monday and a slight chance of snow wednesday. >>> breaking news from the abc7esk. >>> breaking news at the live desk, abc news confirmed there's an active shooter right now at the naval air station in pensacola, florida. this information just came in. abc news confirmed that the atf is responding. we have no other details now. we're working to gather that information for you. we'll bring you the latest here on abc7 mornings and on abc7news.com. >>> no decision yet on the use of field lights at san marin high school in novato. neighbors filed a lawsuit saying the lights are too bright and should be turned off. the school district says it follows the law and environmental regulations. yesterday the judge delayed issuing a final ruling. the he's concerned his court doesn't have jurisdiction in the case because of a pending appeal filed by the school district. the school district and neighbors will need to submit a brief on the issue due at the end of the month. >>> in the north bay health officials say a child from novato died from an e. coli infection. they say t

we're talking just the opposite but it will be great weather for skiing these next couple of days bluebird skies up there on the slopes. some fresh new snowfall from the past few days just good stuff as far as the bay area goes great weather getting those discounts today may be taken some stuff back let's be honest a few of us may be doing mid to upper 50's for your daytime highs burlingame at 56 south san francisco also at 56 foster city, san carlos in mountain view will today at 57 much like you in the south bay santa clara, san jose and campbell also each at 57 for your high temperatures mid 50's for the east bay today, oakland and berkeley at 5556 degrees with concord later today at 56 north bay, definitely warmer than yesterday a couple of spots actually nearing 60 degrees today for your highs. now as i mentioned today tomorrow and saturday great travel days tomorrow and saturday will be your better travel days in southern california sunday evening showers arrive, and it's her only chance of rain between here in the new year new year's eve and new year's day looks great with likely to

gojekindonesian megaapp looking to buy bluebird. of its close in jakarta. they face mounting competition from singapore-based grab holdings. acrosstensions high india as protests continue over the controversial new citizenship law. five days of sometimes violence demonstrations from new delhi to mumbai to the eastern state of assam. shinzo abe ofster japan delayed his trip to india because of this. what are the concerns about this law? modi's critics, another step in favor of an agenda that appeals to his hard-line base. andas won reelection in may rolled out a series of measures to bring about this agenda favoring the hindu's majority that the bjp has pushed for years. this allows religious minorities from other countries in the neighborhood that are muslim-majority countries like pakistan and anglo --, but it does not allow in muslim migrants under that statute. asi's critics see this another discriminatory move against muslims and comes with a another push to have a citizenship registry for migrants who have been in india for yea

sun shines every day there's birds and bees and the cigarette trees the lemonade springs where the bluebirdains in the big rock candy mountains -- >> as we wait for tulsi gabbard 's town hall in hudson, new hampshire, here is a look at this week's "newsmakers" with the president of the border patrol agent'ss' union. you can watch the full interview tomorrow on c-span. >> just how bad of a problem is it? how widespread are these cartels along the border? >> nothing crosses the border illegally, it does not matter if it is individuals coming across the order to claim asylum, narcotics, counterfeit goods, nothing crosses the southwest border illegally without the say-so of criminal cartels. they control every single facet of illegal crime on the border. these cartels operate in every single town on the southwest border, and they are very violent, very dangerous. all you have to do is look at the murder rate in mexico to understand how bad it is. the united states intelligence community has estimated criminal control somewhere around 80% of the country, in mexico right now. that is on the high-

bluebird economics say they do not expect pressure to let up anytime soon even if that trade deal iscause of weak demand from china's major trading partners. bright spots were in the import numbers you sell rise more than expected. some of that, macquarrie says it could be assigned of stabilization china's economy as well as more purchases from the u.s. as a sign of good well it comes agriculture. >> what about us where we are with these trade negotiations, these comments from larry kudlow and how they play into things? we haveve it or not, been talking about this trade deal for eight weeks cop. that is how long it has been since trump made an announcement that a partial deal had been reached. since then we see heated rhetoric around epaulet attention. our sources still say the u.s. side is expected to reach the deadline of december 15 when the tariffs are affected come through that would be heading consumer products like smart phones and laptops. a big incentive on the u.s. and china side to reach a deal. we got comments from larry kudlow who provided color on where the two sides ar

i'm karina mitchell, this is bluebird. david: thank you so much.happened in hong kong. story yet again. the holidays really offering no break from the protests. the better part of the last half year, demonstrators targeting shopping malls these past three days. let's bring in our asian government managing editor. he is with us right now. day, and the malls all around, it is still continuing. >> no risk from the demonstrations we have seen since june. malls and the retail sector have been targeted before, specifically mainland chinese businesses coming under attack by protesters throughout the months. we are expecting more in the coming days. there's another scheduled this evening in hong kong. then some stuff over the weekend. all leading to a big rally downtown on january 1. selina: how much worse can things get? largerh more violent or do we expect the new year's eve and new year's day protests to be? protest isyear's day organized by the civil human rights fund, which has organized some of the biggest rallies over the past six months that have s

on the bluebird showing the shanghai composite has been underperforming the s&p 500 the past five yearsensions. it's not just that we have better trade news, but we are seeing surprisingly good data out of china, so would you play the cyclical rebound story? lucy: that's right. on monday we saw positive data out of china retail sales and industrial production both good. that points to the cyclical rebound story, i'll be at slowly, with increased any factoring reentering into china. there is also a sentiment element to it, where we have seemingly reduced a key source of geopolitical risk in china, and we should see that play threw two markets as investors are more confident the put money there. shery: what will that do to the pboc policy, given that we have seen only very targeted measures to support the economy? we have better news on the trade data and stronger economic . could we see the pboc pulling back and what would that do to the market? concernat's a very fair . we know previously, the poc, when they have considered stimulus in china, it has more been the case of bad news is goo

fading down, but biotech continues to be the relative outperformer and among the big gainers today is bluebirdntinue to hear strong trial data in this case for a gene therapy drug for cancer with bristol-myers. in the meantime, norton lifelock today, trading higher on big volume hitting a new 52-week high on a "wall street journal" report that 1 it may be looking to do a merger with macafee. >> a confluence of discussions on trade dominated the floor the dow was lower by 105 at the open we're currently down about 26. take a look at industrial giant 3m at the bottom of the dow. this is one of those names that is sensitive to trade headlines. and as we've seen a sustained move in oil prices, check toout the move in transport stocks transports once again weak here we are, the dow s&p lower for the day, 3132 for the s&p 500 and dow jones down 30 points on the day >> the bell has been rung, the button has been pushed and the gavel has come down. welcome to "closing bell". >> i'm morgan brennan like with mike santoli wilfred frost is at the goldman sachs financial services conference in new york he'

that is your bluebird business flash. -- bloomberg business flash. ♪ ♪ this is bloomberg "surveillance." i am scarlet fu in new york. looking to 2020, there is no shortage of things for investors to worry about. we limited the number of things to worry about, but they probably center around the trade war. there is a truce between the u.s. and china but phase one has not been signed. manufacturing malaise, most economies have bottomed. we have seen encouraging signs in europe, the u.s., and china. geopolitical risk abounds. protestsong, violent making the shopping malls the center of their efforts. a central bank squeeze. that leads directly into putting off fiscal policy. a lot of the pressure is on governments to put into place some spending that could boost the economy and not just rely on central-bank aid. sharyn o'halloran is still with us. outlooko get your 2020 because when you look at that wall of worry, it wraps up into one thing. thet of it is hangover from 2008/2009 financial crisis. sharyn: it is how we have ma

that is a firm tone on the expectations with the bluebird report out now. >> a shake up shakeup in alphabet. the google ceo will show google and alphabet simultaneously. president sharp on the world stage today. today the president will participate in a bilateral meeting with the chancellor of germany. that's at 7:30 a.m. eastern and we will take you there live all morning long in london for the nato meeting. stay with us on that. [music] we've with a big show this morning. the founder and ceo. we continue to follow this bouncing brawl between china and the u.s. it seems clear that what we said yesterday that it was spitball in and it doesn't surprise me causing the big selloff in the market. maybe not much to it. it is a line from the bloomberg story. the u.s. and china are moving closer to a trade deal. the next round expected to kick in on december the 15th. quoting unidentified people who are close to the president president sharp was speaking off the cuff was the line from the bloomberg story. maybe it was likely to be in some way. they had been waiting. i don't want to dismiss that re