dani burger is standing by with your stocks. -- dani: still a surprise.ould not be surprised if we see a volatile day in the trading of the stock. a big thing investors have to consider is what top shareholders have said. paris associates own 8.5% of shares outstanding, which according to the last filings, would make them the biggest shareholder in credit suisse. they fervently back to john tm thiam.hn tm -- thijiane what does this mean for major shareholders? i should say, we also have credit suisse earnings next thursday and thiam is sticking around for them. . he's not leaving until valentine's day. we will see what that call looks like. willptions are thiam present on the earnings call. there's a lot at play for this stock today. it will be interesting to see how investors price this in. anna: another earnings story that could be overshadowed. let's get to another corporate report. really interesting that some companies are not able to give guidance because of the coronavirus and others are giving guidance regardless. soundi l comes out and came outc

dani burger joins us.ld's richest person has announced his biggest ever philanthropic effort. $10 bezos committing billion. it will issue grants in just a few months. is to save the earth. amazon has been under pressure to act. jeff bezos had not pursued any projects up to now and then there is the environmental impact from the company. there has been a lot public criticism about this. the company committed to an 80% renewable energy impact. will this be on off to squelch criticism? a worker group from amazon says it applauds the move though it is still propping up fossil fuels with its daily operations. matt: dani burger looking at the fund it.on bezos tom stevenson is still with us. theme has been huge for us lately and probably longer for you. what do you think about this investing? tom: the remarkable thing is what happened over the last year. we run a survey of roughly 150 analysts around the world. we cap into the conversations -- conversationse they have with companies around the world and we ask th

dani: the futures market having to play a little bit of catch-up.these commodities falling by 8%, everything from metal, energy, agriculture. oil, and steel. the concern, will the coronavirus sap demand? we had that story about demand in china for oil falling 20%. china is one of the biggest producers of copper and steel. a lot of these raw material for rmss areaterial fi seeing a delay to start operations. nejra: thank you so much to all of you. now let's get to the first word news. plungedoil demand has by about 20%. executives privately describe concern of a demand shock. the drop by about 3 million barrels a day is the largest the market has suffered since the financial crisis. in iowa, macrina candidate bernie sanders -- democratic candidate bernie sanders is leading a new poll. voter whose favorite candidate does not get 50% can pick a fallback choice and about one third of caucus-goers say they could still change allegiance. the chiefs have defeated the 49ers to win the super bowl. it was kansas city's first victory in 50 years. global news 2

dani: let's talk about risks out there.tors have been paying a lot of attention to and the possible economic impact of that. what does the view look like from the private equity world? could we see deals falling apart because of the threat of the virus's impact? rebecca: you can't afford to be complacent. it is clearly an issue affecting the world and is changing rapidly everyday. some rumors about infection rates down in china, we've got increased patience and that is creating an area of answer. no one is complacent, but it pens on the sectors and geographies you are focused on. private equity is a long-term investment. we are looking at three to five-year investment. a can sit back and see particular company, what the effect that might have. you don't have to make a day-to-day trading decision. dani: what does it look like in conversations you have? let's look at the supply chain. are those conversations ongoing? rebecca: absolutely, you have to make sure you understand the risks that could affect your company's. repeat c

here with the analysis, dani burger. dani: frenzy is an understatement.umes skyrocket, this from goldman sachs. from the start of the year, we've seen volumes search, and that was coming from a record. this is showing just as many options trade as the underlying stock itself. it's the highest on record. dominating this by far is call options, bullish options. most of it is in the highflying tech names, and tesla of course. tesla still has the bigs increase. besides them, the next biggest increase comes from microsoft. the call options has exploded. we saw some of the biggest amounts of bull options. we're seeing they are crossing more than puts. a lot of this is likely from a. investors are wary about high valuations, but they do not want to miss the rally. there also seems to be a retail component to this. as an example, here are the mentions of microsoft on a popular subreddit. you can see it went from barely any options to adjust within a mentions, andred of lot of them revolve around trading options themselves. rather than buying call options, they re

dani: it has to be costs.ple indexes that need to be followed and are much less expensive than their actively traded counterparts and because the others are actively managed there can be inconsistencies what you're getting with exposure but e.t.f.'s you get that transparency and a lot of banks and institutions and wealth managers like to use them as a buy and hold strategy. the interdaily quidity, if you want to trade anything strategic and want to buy a sector, you want to do it that day or sell it that day you can trade in that way with e.t.f. i said it was the cost and also just the breadth of offerings, we're seeing providers get really creative what they're giving clients. for example, you can go out and buy a three times inverse levered oil e.t.f. we're seeing managers use these in lieu of futures. every day we get more and more e.t.f.'s out there especially in europe and gives investors a wide breadth of strategies to use them for. francine: why are we so far behind the u.s.? dani: when you look at euro

dani burger isn, focusing on faurecia.nmarie: earnings, coming where profits doubled more than year ago. they are boosting shareholder return with a special dividend. they are owned largely by anglo-american for watch -- so watch for that stock at the moment. their ceo is stepping down. they say possibly the new candidate will be within anglo. matt: thanks very much for that. what have you got on faurecia? dani: doesn't look good for the auto parts maker. we've seen the auto struggle as of late. they posted a 2019 earnings which missed, lower-than-expected and the issues will continue into 2020. faurecia, saying a lot of costs this year helped cope with market conditions. that will continue. matt: thanks very much for joining us. a reminder from a very helpful viewer, the u.s. equity market is closed today. it looks like futures are trading, but it is president's day. aw could i forget, being market holiday across the u.s. today. it is more than seven hours until they open. more like 33. let's get your first word news. you

dani: it really is remarkable.o hasn't to read this thought piece because the language here is very clear. as you've been saying, he calls this an era of cognitive dissonance. yields are low, risk assets are priced to perfection but there are red flags, just the latest that could break the bubble is the coronavirus. key impacts, he says, these are stark. to in china could be slashed a 6% annualized decline, there can be impact on free cash flow and oil could fall to $25 a barrel without an opec intervention. these are not one all caps. this is a huge -- one-offs. the guggenheim cio says you should be buying the highest policy assets. they play for the future whenever thing is priced out of control. manus: it is a stunning piece. dani burger with the latest on scott maynard. valentin marinov, we are looking at this piece over the weekend and he talks about this cognitive dissonance in credit markets and i like what he says. there is a mindnumbing excuse for investors to see -- to ignore the red flags. when are the b

on ing.t's get to dani dani: disappointing numbers that have to do with the increase in compliance costs's despite the fact they had a surprise increase in net interest income. this is the main source of revenue for the bank. they are also dealing with a difficult rate environment. we spoke to the cfo earlier on that. continuing ony of the path of deeper negative rates has less and less effect in terms of loan demand or consumer behavior. , you can see that more customers are saving money with us than what you would expect to encourage more spending, but that is no longer happening. the ing cfo say more customers are saving money despite the fact they are dealing with negative rates. matt: thank you very much. you can get all of the latest stock stories from our equity team on our bloomberg terminal. kristi lagarde says her institution is on watch as the coronavirus outbreak provides a new threat to the economic outlook. today, she is due to testify before parliament on the risks of the virus and the status of the ecb's strategic review. but speak with the former ecb et.ef economist, pet

joining us now is dani burger. dani: seems like every company seems to mention the coronavirus to some degree when they report earnings. the latest is standard charter this morning saying that their hong kong business is weak because of the economic outlook, then you add in the coronavirus and they missed a key profitability target. this goes for any asia-dependent business. say if you sold alcohol to restaurants and bars in asia, so someone like ab inbev also read the alarm, on track to one of their worst orderly profit declines in nearly a decade. ricard, thesenod other uncle companies also taking a hit. other businesses say hotel. they did include the coronavirus forecast, their marriott, saying they could see a hit of up to $25 million a month should the coronavirus impact continue. finally, the darlings of the bull market rally, tech has not been immune. last week it was apple and hp issuing warnings. this week it was microsoft, saying production is taking longer than expected to get back to normal. sales have

here is your morning call with dani burger. >> no bullish capitulation. their hanging overweight targets on the stocks. morgan saying jp the fiscal result in a 17% shipment drop and the cheaper iphone se model will likely be delayed. see saying we are likely to a knee-jerk negative reaction in apple stock because this confirms the street's worst fear, that this is going to hit apple and the supply chain and hit it hard. wedbush andclear, rbc say this is temporary, an issue of timing. that over the long-term, this does not change their bullish ebit. this is going to push back the likelihood of sales we would see in the third quarter. nejra: alan higgins is a still with us. are you an apple bowl? ?- bull alan: we are not in the stock. look at it from a rating point of view. could it be rate? easily. de-rate? easily. earlier, as about the poster child of a global stock season, it is anticipating a reshape. i would be cautious. ,anus: if we look at the chart the lowest since 2010. alan: that was the chart. manus: bring that back. our u.s. complacent? a chart

dani: rough run for the carmaker.dy's cut their rating on the company yesterday, putting their corporate debt at junk, so now it is just one below investment grade. they are looking at sales falling 16%, and they say that given the company's outlook, it looks like their margins will not improve significantly in the midterm. i should say s&p still maintains their investment grade rating, but again, that's just another piece of poor news for the carmaker. telekom, this story, i have to say, i started my professional career covering bn ina reporter for frankfurt. there was already the talk of a possibility of a sprint deal. now we see that finally coming to fruition. >> that is very much the key part of the story today. the wireless market is competitive and getting more competitive as well. the sprint deal, as you said, is the key part of the earnings and what will be driving shares this year. one thing to note as well is t-mobile u.s. is doing well itself, winning market share, so adding sprint to that should be good f

nejra: dani burger, thank you so much. jub is still with us.re seeing resilience in equities because of what we heard from apple yesterday, but already today we are bouncing back. then you look at corporate yield spreads, those have been tumbling toward all-time lows david is this complacency? headlineou look at the index levels, it looks like there hasn't been much of an impact at all from the virus. some of the subcomponents between health care and autos, there has been a meaningful divergence of performance, so i would say that the market is not panicking over the virus impact, but it is trying to be quite specific about where we should rise more risk premium and has been in those cyclical sectors. these are the places that given that china has such a dominant source of demand in those sectors, 50% of commodities imports, those sectors are feeling the pain the most. but in terms of the headline index, that is also a function of the fact that monetary policy is increasingly supportive and the fact that there is more insert year-round this vir

dani: look at the iowa caucuses.of the time does iowa predict who the eventual party nominee would be. however, it doesn't mean the race is inconsequential for markets because it actually predicts the democratic nominee. 78% of the time in that context,. this could be a closely-watched race for market observers. however, a sanders win is already somewhat expected and somewhat already priced into the markets. of course, the wind specifically for iowa. among the entirety of the field, you would have the most bearish outcome for markets. by far and away, both sanders and warren had really, really high rankings when it came to a bearish impact on markets should they clinch the nomination and eventually win the presidency. anna: thank you very much, burger.rg's dani berge you can join with our markets of the day, how will primary impact the markets? something to keep an eye on, particularly for global investors. join the debate on your bloomberg. let's tell you about the stocks to watch ahead of the open. bp, very topical

back in the hotel danieli the master of ceremonies has begun receiving the guests. 2 professional dancer shows against the steps to an 18th century minuet. dancer we were teens is not that easy and constantly changing partners means you really have to keep on your toes but still this is my specialty for a perfect weekend. and this wraps up my perfect weekend from credible and join me again. work exciting european destinations and until then it's happened. while. i write in the made some of the hostile and bustle of the cologne carnival the costumes here are very funny and crazy of a lot of them are just improvised and you can see that the revelers really enjoy putting the costumes together well and they show with a great sense of humor and no one takes things too seriously it's fun to just watch all the people go by in the funny costumes and believe me you won't get bored you might notice that a lot of people are wearing a red and white thing those are the colors of the kilo's coat of arms so talking about costumes so who are you know what are you wearing my name is lee joe i'm from colo

actors on the oscars red carpet the filmmaker told variety that his knives out sequel will feature danieig returning as detective ben wa blog but since he'll be on a new case it will be a he could tow a rock on the ked oscars red carpet and hit someone he was in the movie point taken but probably a ad idea in hollywood, i'm david and. >>we like to take a little peek outside and check in on conditions around the bay area little peek of the bay bridge toll plaza minor crowding expected in the cash les right now it says 61 degrees in oakland off to check with in san francisco, 41 in novo 9 57 in fremont so mild outside your door and ce th fisn't just about polar bears. we're fighting for our lives, we're fighting forlean airnd clean ter. that's why i wrote the law to send bilons frolluters to communities suffering the most. and only one candidate for president was with us back then, tom steyer. and he's still fhting fous, pledging to make can air and cleawater a right for everyone, regardssf your zip code. that's the truth. that's tom steyer. i'm tom steyer and i approve this message. >>wel

here with the details is dani burger. dani: hi, francine.anking sector before the deal look for another slow -- slow year of dealmaking. saw ast time an industry tie up this large, we have to go back to when he 17. before then, it looked like banking deals did not exist in the european market. you can see that throughout europe. it fell off since the financial crisis. bankers frequently blame the patchwork of patchwork regulations as well as difficulties moving money between countries. the deal flow when you look at italy is especially anemic, and the yellow, all coming to a standstill over the last three years. regulars have advocated for consolidation because the banks need to reduce costs and improve margins, and they are dealing with that intense competition from american rivals and negative interest rates. dealmaking would certainly be a welcome change for the lenders. deutsche bank's cfo is one of the people to talk about this. saying that his rivals in europe frequently speak about the need for mergers. >> it is a topic that managemen

. >> de miami, florida, dani rivero, univisiÓn. >> comienzan las primarias demÓcratas de cara a las elecciones de la naciÓn en celebrar comicios. sirve de impulso. luis nos dice a quiÉnes apoyan los hispanos. >> en apenas 48 horascelebra su asamblea electoral. el proyecto no quieren aprovechar cada minuto siguiendo de cerca a cada una de los votantes posibles -- a todos los votantes posibles. >> es como se vive la polÍtica en iowa. tiene la manera de comunicarse-- >> se contacto personal es importante para muchos votantes hispanos. >> se ve envuelto en los problemas de los hispanos >> es la razÓn por la cual se hizo voluntaria en la campaÑa. >> dijo que comilla escucharlo hablar. >> en iowa los anglosajones, los hispanos llegan a un 100% y se espera que las asambleas de Álbumes participe más que nunca. >> me gusta que estÁ poniendo el cambio climÁtico o en las prioridades desde el dÍa uno. para mÍ es muy importante. >> yo veo la experiencia por los aÑos que llevaban >> aquellos que aÚn no saben a quiÉn van a apoyar. >> sanders y warren en los preferidos. pero los resultados son difÍciles de pr

dani burger is looking at eqt. philippe a pacheco -- felipe pacheco is covering heineken.tart with you. what have you got on the dutch brewer? >> that's correct. this could be a quite positive session for heineken today after they deliver numbers that were actually much better than analysts were expecting. if we look at sales, for example, they rose 5.6% versus on estimate of 5.1%. heineken said that sales in brazil for the heineken brand were actually -- the country is now the largest market for heineken, which proves that it was quite a smart decision to buy business in that market. they also said it is too early to assess the impact of coronavirus in the beer industry. if we look at asia-pacific, and specifically, sales their increased by 12%. that helps explain why the company actually decided to name business in that region as the new ceo starting in june. anna: thanks very much. let's get to dani burger on eqt. >> the private equity giant had earnings today for their full year. their dividend coming in weaker than had previously been expected. their basic eps also mi

dani burger is going to focus on elian's.oe, let's start with you. >> jean pierre mustier, the leader of unicredit currently, has been touted as the next potential external candidate to run hsbc, which is quite a good fit in terms of his recent experience. he has been responsible for a bit of a turnaround at unicredit which has involved many job cuts and restructuring and also a ,hift toward a more digital technology message for the bank. it is interesting that they are talking about an external candidate potentially being on the cards to come. we saw this big restructuring plan announced by hsbc on tuesday. analysts generally saying they are looking to see how the market reacts to that announcement. the stock has actually fallen about 5% since tuesday. we could see some positive reaction data later on today. matt: all right, so the deck continues to get shuffled as far as european bank ceos. on thee, details deutsche telekom deals. annmarie: that's right. an amendment to this t-mobile-sprint, which has largely cleared regula

here is dani burger. line was a perfect segue. hearing these individual companies talk about the hit from coronavirus but i want to actually quantify this. i am using the s&p 500 as a proxy. the number of companies that had mentioned coronavirus wasn't $9 trillion of the u.s. market cap. this is pretty significant -- $9 trillion of the u.s. market cap. another 29% in the blue say there will be an impact but it is somewhat limited. only about 5% of companies have said that it is going to be the severe impact. the parts of these bars start to grow as we go more into earnings season and companies continue to see the increased fallout. again, the majority just saying they are monitoring. according to bloomberg economics, yes, it might be too early to tell, but that does not mean the consequences won't be bad for these companies. nejra: we have got fresh clues on the fed's stance in the minutes from the latest meeting. policy makers indicated they could leave interest rates unchanged for several months but remain on guard against domes

charles: dani, david, as you a pleasure.f course we'll stay on the market rally throughout the hour including paula abdul and kate upton are sparking moves in stocks and how celebrities making money in. >>> iowa descending chaos. pete buttigieg declaring victory despite no results. bernie sanders says the system is rigged. chris matthews claiming trump the winner. it is all big news. the iowa meltdown is next. my body is truly powerful. i have the power to lower my blood sugar and a1c. because i can still make my own insulin. and trulicity activates my body to release it like it's supposed to. trulicity is for people with type 2 diabetes. it's not insulin. i take it once a week. it starts acting in my body from the first dose. trulicity isn't for people with type 1 diabetes or diabetic ketoacidosis. don't take trulicity if you're allergic to it, you or your family have medullary thyroid cancer, or have multiple endocrine neoplasia syndrome type 2. stop trulicity and call your doctor right away if you have an allergic reactio

dani, joel, thank you very much.oming up at 2:30 i have the pleasure to speak with senator tim scott. he will explain why president trump's new way to fight poverty will work. moroccan certificate than rally. bernie sanders bringing down the house, drawing a huge crowd in new hampshire before the primary vote. guess what? so did president trump last night. are we looking at two candidates for the 2020 general election? that's next. >> we have more than this outside of the arena trying to get in. [cheering] if you would like to give up your seat or where you're standing, sorry we couldn't get you seats, but if you want to give it up, let them come in, you go out? does anybody want to make that deal? i don't think so. when it comes to using data, everyone is different. which is why xfinity mobile created a different kind of wireless network. one that saves you money by letting you design your own data - giving you more choice and control compared to other top wireless carriers. now you can choose unlimited, shared data

charles: thank you very much, phil, dani. earning season starting to wrap up.t has been a pretty god session like bill said for earnings. although walmart this morning what some consider basically a disappointing report. take a look at this, folks. that is a pretty good move in walmart. domestic retailers doing well. lululemon, costco, advanced auto parts blew them away in its best earnings surge in five years. to discuss, retail analyst erin sikes. thanks for joining. >> of course. thank you. charles: let me talk about walmart. there is some confusion. they missed on top line. bottom line sort of muddled because after payment, illegal payment in chile. where are we right now? >> i think walmart is still one of the strongest retailers there is peer, hands down. you have amazon which amazon took 50% of all sales in holiday season. walmart missed on toys and clothing however it has incredible investment in artificial intelligence. incredible footprints in logistics, networks, all the things that you make a strong fundamentally core value -- charles: no doubt they

dani, looking at those individual movers.retained its profitability target for 2020, but the bank is also warning it will be even more challenging now given macroeconomic uncertainty and low interest rates. bank, the center of jes staley's strategy, posted revenue in line with estimates. rebecca chesworth is still with us. we had a slew of european bank today, a lot of them showing the turnaround is working or in the case of commerzbank they have more room to pursue thier turnaround -- their turnaround and yet we see the stoxcks down. what do you think of the state of european banks? rebecca: we have course can't completely trust the stock reaction on a very busy day like plans.ut we see the cost the banks are not out of the woods yet. andeed an economic uplift the company stocks are very limited -- links to pmi's and bond yields. what we do see is self-help, the banks cutting costs in terms of workforce, branches, and finally making the best use of i.t. and digital services. anna: what about german banks? we saw the deutsche

joining me is bloomberg's dani burger. walk us through some of the big ones. dani: today is really a day of superlatives. 2016,the lowest since gold jumping to a 2013 hi. 2013 high. as evercore strategists put this, we are in a new phase of the coronavirus outbreak. that is going to give us this knee-jerk, gut punch reaction in market. credit default swaps in europe jumping the most in two years. when you look at both of those see thestoxx 600, you ftse made down, and europe has become the epicenter of the outbreak. that means markets are already very sensitive. these are high beta markets as they stand because of the economic weakness. a lot of what has been thrown out the last couple of weeks is v-shaped recovery. investors are a lot of -- investors are waiting on the sidelines as there's a lot of going -- a lot of fomo on. the service economy is going to take a long-term impact, a long-term hit, and we are seating that start to get priced in. alix: thank you for that. now let's go to the global story. focus is cases jump. china climbing past 79,000. joining

has been a fear that providing cash, giving plenty to poor housdsthey would sp in ysy l drugs gamble dany evide that. two most spend money on food, home improvements and education for their children. every dollar spent through 2.5 times in the local economy. it's a message that we need to be more trusting of the poor and we should explore the concept of universal basic income. an idea popularized most recently by presidential candidate andrew yang. yang gave $1000 in cash to families on the edge and found it made a . >> relatively small amounts of cash can help households that are really on the edge of subsistence avoid very painful choices. you can avoid setting off cycles of poverty. remake studies show 57% of u.s. families don't have enough cash to cover a $500 in expected of expense. in the bay area, where the margin of error is so usof a ca parking ticket or health scare. >> that is something that never to society in human history, , isalunaccele.y life here. population ds have more mental health and substance abuse issues that are not parallel in the developing world. >> for homeles

for me i mean the fact that my goodness pretty good guiding sort of leads to the same time as dani's was in the congo anything which is that it's like some of the differences are not personalities and not the watch would you like to add more finally to $48.00 point form and i must say and that's am i going to translate so that is a little bit unfair because the tone was more drowning. i think in total it's equalized so you can use he didn't drop enjoy which goes absolutely so much and most taken the ok. so another car lovers challenge ends in a tie thank you and they got hanukkah's peugeot home safely home so tune in next time to see would by show me and ronnie get up to 14 wheels listen to this. continue. to move. their. hands up. i think it's ok. now to a video that is more than just burned rubber when it came out in 2012 when women were still banned from driving in saudi arabia. with bad girls and i went full throttle on gender stereotypes and a woman's right to have fun in cars. like making a video was a dream come true for the british rapper. as you know it's a belief like an ex

for me the idea of the fact that my goodness pretty good guiding sort of leads to the same time as dani's was in the congo i mean which is it effects of those big differences or not personalities and not what would you like to add more finally the $48.00 point form and i must say and mix am i going to chances so that is a little bit unfair because the tone was not running around so i think i'm told it's equalized so you can use get involved and join with scouts absolutely so we can most take a look ok. so another car lover's challenge ends in a tie. and they got chanukah. peugeot home safely. 2 next time to see would by shelley and ronnie get up to on 4 wheels was the best and it. continued until. they. stop. i think stopped. now to a video that did more than just burn rubber when it came out in 2012 when women were still banned from driving in saudi arabia. with bad girls and i went full throttle on gender stereotypes and a woman's right to have fun in cars. making a video was a dream come true for the british rapper. as you know it's i believe like me obsession with cars and ain't. ever

and 4 maybe i did mean the fact that my goodness beguiling sort of leads to the san dimas danis was in the congress anything which is a reflection of the differences in our personalities and really what would you like to add more finally to 48.4 and i must say and mitt's am i going to transfer this so that is a little bit unfair because the tone was more drowning i think in tone it's equalized so you can use getting off a new one which goes absolutely so we can most take in the ok. so another car lover's challenge ends in a tie. and they got hanukkah's peugeot home safely themselves to next time to see would by shelly and ronnie get up to 14 wheels listen to this. continue to leave. thank. you so. i think i'll stop. now to a video that did more than just burn rubber when it came out in 2012 when women were still banned from driving in saudi arabia. with bad girls m.i.a. went full for all the on gender stereotypes and a woman's right to have fun in cars. making a video was a dream come true for the british rapper. as you know it's a belief like any obsession with cars and yeah everybody

rest of the field and pitting them against each other the new york times did that on its podcast the dany . around a quarter of 25 percent anyone but another way of thinking is that if you add up all the more moderate candidates vote tonight they collectively got something like 70 percent of the impression created but when there's just one moderate left in the race sanders will ultimately lose to that candidate add up to moderate votes for pete and amy and they overwhelm the bernie vote but the assumption that scenario was based upon that moderate voters would never switch to a progressive like sanders has been shown in poll after poll to be false of course if you add up totals from 3 different candidates against one person you're going to have more that's not how is that polling even works and so we're seeing these real contrived moments in media right now which unfortunately in 2016 lead to the promotion are usually one of the worst presidents in our history and we're seeing unfortunately a similar trend that will probably lead to a similar result there is a tendency even now as sanders

. >> right now on "california live," dani is diving into deliciousness. >> because dining should be a celebration. >> and malou is getting her mardi gras on, celebrating fat tuesday up in the bay. >> we are firing up some shrimp creole and hurricanes and fried alligator. >> and then ladies, is your hair falling out? we may have a fix just for you. >>> plus, lisa is taking us to a luxury pop-up picnic that you have to see to believe. >> we are taking the concept of the picnic on the beach to the next level with the picnic collective. >> it is all happening right now on "california live."

but here with your morning call is dani burger. calls technical strategist at bank of america. he says yields will meet a new record low that will happen in the first half of 2020. att of what he is looking here is just the momentum of treasuries. bites, yields coming back a , but he thinks those levels will attract investors and the momentum is not going to last. from a macro impact, there are plenty of catalyst, despite the fact that we came into 2020 looking like some of the risks might be over. but china growth is a whole thing on its own, as well as just any sort of u.s. election risks. so look out for record lows in those yields. anna: just like our conversation yesterday, lots of factors pushing down on those yields. let's have a word about one stock we were talking about. imperial brands abandoned its forecast. they are writing down the inventory due to a ban in the united states. keep an eye on that sector. european equity markets are set to open up informant. in four minutes. anna: a minutes ago until the start of cash eq

the whole truth i think what's worrying with people like me is that he can go on a news channel and dani's people is anti national the despicable words and the anti national conduct of people like you now more not be on the right things like we don't need to get about human rights and or brand people as terrorists. get out of my career i don't know where we will have democratic institutions that are going to remain such misinformation and such hateful propaganda and when you don't have that you essentially have. journalists like this who can really color people's perception and spread mass propaganda. with politics and media are increasingly polarized around the world. has become the normal t.v. hosts do it on the air people do to each other online and in a comedian felt it was the only way to take on a news anchor. the consequences of trolling aren't felt equally the canal camera the pushback to his ambush of course romney was led by the country's minister of aviation his tweet commending one indian airline for putting karma on a 6 month no fly list resulted in 3 other airlines following

some 91 migrants has reportedly gone missing in the mediterranean after making a distress call the dany carrying mainly african migrants set out from her bully in libya a migrant support group said the boat shared its location before contact was lost. talks on the next joint budget are to resume in brussels today after european leaders failed to make headway thursday the u.k.'s departure from the e.u. has left the blocks budget with a massive gap member states are struggling to agree over funding for climate investment farm subsidies and border security. the irish prime minister layo better odd car has formally resigned but is staying on in a caretaker capacity the move came as parliament convened for the 1st time since the election 2 weeks ago it has left 3 parties wrangling to form a stable government. bolivia's electoral board has disqualified the exiled former president in former all of us from running for senate in may's election. the court said rollo's did not meet residency requirements he fled bolivia in november miss protests following his disputed reelection. polls have opened

let's check in on the european markets with the main movers with dani burger. dani: hi, francine.you off a deal news, b software,, -- r i trading just over that. -- we are seeing declines, renault, the sunset part earnings, having to spend before year end. renault, the biggest shareholder of nissan, so we continue to see that partnership impasse. barclays missing on their fourth-quarter revenue. also overshadowing the earnings was jes staley being investigated by the fca over ties with jeffrey epstein, so shares fell by nearly 2%. francine? francine: thank you so much. dani burger staying on top of the market moves. 20 more on market reaction throughout the day. "bloomberg surveillance" continues in the next hour. tom keene joins me out of new york. in the meantime, stocks falling. actually deploy a revised methodology to diagnose coronavirus. yen alles, gold, and advancing. this is bloomberg. ♪ francine: the u.k. fca probes jes staley's ties to jeffrey epstein, while the barclays chief executive speaks to us exclusively. he says he's been transparent about the relationship. a vol

the latest indiana jones movie is still going forward, but with one major change david dani explains this morning's hollywoodminute. >>stevn spielberg directed 1981 raiders of the lost ark andthe 3 indiana jones sequels that followed that according to riety spielberg will not be at the helm of indiana jones 5 though he will stay on the project as a changing directors will affect the film's latest announced rease date of july 9th 2021. james. no time to diewill take its time unfolding on the g scrn to cinema chains list the ruing time of daniel craig's fal bo film at 2 hours and 43 minutetht would make it the longest ond holder specter. garthbrooks has won 19 billboard usic ards. but this year's show should beespecially memorable for the singer songiter. brooks is set to receive this year's icon award honoring his chart-toppi career will also perform on the show scheduled hollywood, i'm david daniel. >>a peek outside before we go we're checking in on the bay bridge just a minor went so far in some of e cash lanes it's got a nice trip into san francisco got to have nice vo: he had alre

dani: this comes from peter oppenheimer who released a note clarifying his views. that stocks are going to have a correction to this is technically a debt of 10% or more. it is because investors are underestimating the impact of the coronavirus on earnings. he says even if this problem only affects china, there are a lot of spillover effects. iser all, global tourism 4.4% of global gdp. a drop that could cut earnings by 10% in europe, meeting earnings are negative in europe. he classifies this as a problem that is especially prevalent here because it is twice as exposed in europe. there's a lot of exposure to asia. he does say, however, that it is a short-term thing and we have the support of economic cycles. it means short-term corrections, but not a bear market. nejra: edward park is still with us. is your shared view because you think earnings are going to recover or because you think markets have priced in the hit? >> it's a combination of those two. earnings are starting to be watered down. -- miss, thea mess real risk is that equity earnings don't come throug

dad dani has that and more in this mornin'shollywood >>here's yourfirst look at chris rock in the latest saw movie spiral which she also executive produced rock also camup with the concept for the re agining of the horror franchise which debuts may 15th from. robbie robertson's first music video in more than 20 years is once were brothers his reflection on thsuccess and the break up of the pioneering group the nd the song inspird the title of the upcoming cumentaronce were brothers bbie robertson and the band opening this ney you though >>if you ever wondered how big screen ser villain grew got his start minions the rise of grew has the answer univeral just releasede first full ailer for the animated preel which burst into theaters july 3rd. >>in hollywood, i'm david daniel. >>all rig a lot of stuff to check out, here's a little peek at the bay bridge toll plaza if you plan on rolling intosan francisco this morning. the carousel for a minor weight only to have to pay cash but thfast track lanes in the carpool lanes e looking go. a quick peek at some temperatures around the bay, it's chil