david brooks. thank you, both.♪ judyow, celebrating the sound of southern rock.o restore the place that helped create it. jeffrey brown visits maicon,o georr american creator series and prt of our ongoing parts and cultural coverage, can vafments ♪ --ans. ♪ by dreams" a classic song the rock era. she was made famous by the almond brothers band. and per formed at maicon city auditorium from micians then and nows part of a celebration that looked both to the past an the future. ♪ yboard playerhuck levell help put together this concert. veling the world for decades as music directors for the rolling stones. but he lives on tree farm near here. of the almond brothers band.er >> it's intimate. and itha reminded me thatt was one of the cool things about it because you were tied, you were there together with your fellow musician when you were working. >> he oen record here at capry corndi s, newly restored their former glory. >>y memories are so strong of making great mue six in this room nd so many other mue sixes would -- great music in this room and so many musicians

amna: mark shields and david brooks, thank you ry much for being here.to you. ♪ france is famous for iconic monuments an structures, but also has a growing challenge in protecting and preserving its lesser-known historic sis, jeffrey brown reports from france on an experiment in raising new funds for tha purpose part of canvas, our ongoing series on arts and cultes. jeffrey: this is where she worked? an oldsi m in the suburbs of paris, home to a once world-famous 19th century french artist named rosa bonheur, best known for anr paintings of als, and, says katherine brault, who bought the chateau two years ago, it remains largely as bonheur left it. katherine: all of the objects here are rosa bonheur's belongings. they have never left the castle. it's not like in a museum, where objes are placed to show how it was before. it is re. that is what is unique. jeffrey: rosa bonheur was a pioneer, the first woman t receive the grand cross from the french legion of honor, a proto-feminist who chose how she duld live and what she wo do. in her tim she was hugely

that's syndicated columnist mark shields, and "new york times" columnist david brooks.lo to both of you and happy new year. although as we have been porting, the new year h gotten off to a sobering start. thmark, what do you make o trump administration decision to target and kill this senior iranian general? >> i don't know. every act like this has risk and reward, and i don't know anybody hao can predictwill happen, judy. s mean, it violates all of the ruhat we have about going into armed conflict with disproportionate force and with fully understood objectives and with an exit strategy and with backing of our allies and so forth, none of those was met,e and esident does not have the benefit of the doubt. he treats uth like a second home. he only lives there occasionally, and, therefore, he doesn't have the naral credibility of an amerind president has been hurt. the afghan papers and most recently "the washington post" revealed 18 years of deception and deceit and self-delusion about the united states and afghanistan, the lying that we've had and the evasion. so, you

david brooks and ruth marcus break down the latest from the senate impeachment trial.lus, remembering jim. memories of our friend and co-founder, as we say bye. >> woodruff: as we reported, the trump administration announced that it will extend the travel ban to six new countries. the latest iteration oban will suspend immigrant visas for citizens from four countries: nigeria, myanmar, eritrea and kyrgyztan; and it would bar from the u.s. diversity visaia program, which awards green cards to immignts. our amna nawaz has the story. >> nawaz: that's right, judy. and to talk out what this means we're joined by farhana khera. she's the president and executive director of muslim advocates. the group has filed ten lawsuits against previous iteratioba of the trave and is the driving force behind the no ban act in congress. the act would rescind the travel ban, and require the president to meet a more strinangent rd to enact a travel ban in the future. welcome to the "newshour". >> thank you. thank you fo having me. >> reporter: let me put to you what the adminisation said to

that's syndicated columnist mark shields, and "new york times" columnist david brooks.u. >> hello. >> woodruff: let's tpek about the hment trial, mark, that's almost here. house speaker nancy pelosi waited almost a month to transmit the articles of impeachment over to the senate. did that turn out to be a smart move? >> i think so. i mean, the political graveyard of dead ambitions is littered with the corpses of those who underestimated the spk aker. i th's fair to say that the case has been strengthened against the esident a the call certainly -- the evidence has been strengthened in the intervening four weeks we've learned ambassador john bolton, former natiol security advisor is now willing to testify if subpoenaed. we've learned further runss hacking of the gas company in ukraine. we've learned at least allegations about the president's more deep involvement all the way to the point of charges that operatives friendly to the trump campaign, a candidate for congress was physically surveilling in ama hostilner the united states ambassador to ukraine andme sendinages o

david brooks, thank you. >> woodrs we continue to grieve the loss of our co-founder and former anchor, jim lehrer, we want to closet tonith the voices of our own staff and newshour family. k w he touched so many lives, and the outpouring from you, our viewers, has touched us all. for those of us lucky enough to know jim personally, hes an indelible imprint on our hearts. >> he cared about us. he cared about the viewers. and he cared about the news. and all of those things together are a rare commodity in this day and age. >> it's ben 28 years since i lehrer, and still every singlem time i write a sentence, i still it correct, is it fair, and are possible? as few words as >> i remember i would go down to the control room and watch the ostories that i had prced as they aired, and one of the screens up on the walwel sho jim lehrer sitting at the an consider's desk. he would watch t pieces as they aired, and sometimes he would look disinterested, which was not good, but sometimes he would get rlly interested and

mark shields, david brooks, thank you. and we will be back right here on monday.in us. that i the "the newshour" for tonight. i'm judy woodruff and i wish you a great weekend. >> major funding for the "pbs newsho" has been provided by -- >> before we talk about your investments -- i we want to put money aside for them so a chanplans. >> let us see what we can adjust. >> we will be closer to the twins. >> change in plans. >> mom, are you painting again? you could sell these. >> at fidelity, changing plan is always part of a plan. >> bnsf railway's. consumer cellular. american cruise lines.♪ ♪ >>rt supg social entrepreneurs and their solutions to the world's most pressing problems. school foundation.org. >> the william and flora's foundation. for more than 50 years, advancing ideas and supporting institutions to support a better world at hewlett.org. and with the ongoing support of these institutions -- ♪ and friends of "the newshour." ♪ this pro wam made possible by the corporation for public broadcasting and from contributions to yourn pbs statom viewers like you.

that's syndited columnist mark shields, and "new yorkol times"nist david brooks. happy friday. to you both. let's start overseas, shall we? david, it was a week ago that the u.s. assassinated the iranian general qasem soleimani in iraq. three days in iran, retaliated,n president trump says he wants peace. they rolled out new san against iran today. is this deescalation? >> yes. we didn't know where we wer going and it certainly looks a lot calmer than a week ago and it looks more like a normal middle east terror episode inou which caseave a terror army whether hezbollah or irani state sponsored terrorism, they're ramping ups, activit and the u.s. says, stop. let's -- we're goingo be in conflict but let's not get carried away her pushing the boundaries here. so we do an action and when you do this kind of action like killing soleimani, it's using violence as a form of communicion, saying you've pushed the boundaries, time to stop. and then the other side, the terror side has a chance to say, no, we're going to keep going, or they have a chance to say meage received, we won't pus

so mark shields and david brooks are here to discuss the latest on iran, impeachment, and the 2020 campaignrail. all that and more, on tonight's

david brooks and ruth marcus are he

mark shields and david brooks are here to analyze today's iran new the democratic presidential campaign

and it is friday mark shields and david brooks is hereto analyzed today's iran news a

and he came to campus and he gave a speech to the student body and at the end of it he said david brooks if you are in the audience i want to give you a job. and that was the big break of by life. >> to give you job? >> sadly he said i wanted to give a job but sadly it was not in the audience. [laughter] so i was literally out. i was hired by pbs to debate freedman on national tv. and if you go on youtube and you'd type out david brooks milton freedman, you'll see 21-year-old me with the four oh, and these gigantic 1980s glasses that were on up currently on loan from the observatory. and basically the show is i was a socialist, i argue a.to that i regurgitated from a textbook, he destroys it and about six words, and then the camera lingers on my face as i try to think of something to say. >> so what did you do when you graduated? >> i worked as a bartender for years the best job i ever had. and then i covered chicago politics are something called the city news bureau at chicago journal. that was harold washington ten he was in the council wars. >> did you get a job at buckley eventually?

keith cargill, the president and ceo of texas capital and david r. brooksrman and ceo of independent bank group to get a better read on this deal mr. cargill, mr. brooks, welcome to "mad money. people say that there is no -- nothing cheap in this market, that it's moved so much and there isn't anything left. i have to tell you gentlemen, this is one of the cheapest stocks i have ever seen. how do we get the value out of it >> the combination of these two excellent companies in five of the most powerful economic markets in the country, texas as well as colorado, denver and the execution, the exceptional execution of that combination should create a powerhouse >> keith, what i'm looking at, this is the best state in the union. it's the state that benefitted the most from salt, a state doing well with or without oil non-performers really down are people just not aware? >> i think it's a combination of things, jim. at the end of the day, the bank stocks generally have trade down. >> right. >> since the merger announcement so that's accentuated this downtick the

"new york times" david brooks and karen tum you wills ti. it tum you will ti. what would you make thes demoave presented and how they framed the case? mr. davidson: a lot of talk. exhausting. but i think they are satisfied. and adam schiff was the highlight. a very good prosecutor, speaker. if i graded them, i would give them an arch that trump d it. the evidence was overwhelming. i would give them a lower grade office. d he be removed the i thought they hit it less hard. all my friend's loved adam schiff's csing arguments. that's when he addressed why this is wor removing and he said trump belieid giuli and did it out of self-interest. that strikes me as true, but not a big crime and says you can't trump in the 2020 election. you can't impeach for something he removal part is a weak case. repuicans know he has done it. karen: the longer term of this just byio the accumul of material that they have put out there, i think t democrats have done a good job in proving this wasn't a frivolous exercise and not impulsive thing they were doing as the republicans were s

brooke: they might be missing him. he is now available. davidn between nissan and renault. he kept them together. brooke: and issues because they missed out on the merger with fiat. look ati am taking a tiffany and berkshire hathaway. there is a report warren buffett was asked to be on tiffany and he declined. another deal he is not putting his giant cash pile to work on. now the question is what is he going to buy? david: there is a lot of pressure on him. i'm not sure he feels it. maybe it is because he already has a jewelry company. brooke: that is what people were saying. they might've had synergy. i think he is concerned about high valuations. the tiffany deal was not cheap. i think he is waiting for bargains. with all of these calls, he might have to keep waiting. david: not always a fan of options. he does not like competition. brooke: there been reports that he has bid for smaller assets. private equity is hungry to get the deals. he has a lot of competition and is not being as aggressive. , wed: for our third company will welcome the se

what david brooks fabriche invisible moral that binds this nation together.itizens.bout good about how we know what that fabric is. it is honesty, decency, treating everyone with dignity and respect. giving everyone a fair shot and getting hate no safe harbor. leaving no one behind. leading by the power of our example, not just our power. standing as a beacon of the world to hope for millions of people. gentlemen, it is a code. but for american code, some reason, this president just does not get it. for some reason, he does not believe in it. he stares at it. he thinks it makes us weak. saidr and a half ago, he all of the stuff about reaching out makes you a sucker. what is going on here? have basic, fundamental american values, no matter what your background. decency, honesty, respect. we have always looked up to it. weak, he it makes us is dead wrong. it is strong, who we are. that is why i believe we need and can come together. we have to come together. i am going to do whatever it takes as your president to make progress on matters that matter the most. r

there was a david brooks opinion piece talking about the fact that president trump actually use militaryless than any other president than jimmy carter. with that being said to me he's not afraid of like that military muscle and send a message and we saw when he first took office but he sent the 59 tomahawk missiles to syria after assad crosses red light with chemical weapons, and drop the mother of all bombs on isis in afghanistan to send a message and he took out soleimani in iran. lily sent a message that is not messing around and did it early on in his presidency and i think the world is listening and he's got the message. >> martha: robert, what do you think? >> i think joe scarborough was cutting lindsey graham a break. the reality is that lindsey graham just a couple years ago was describing donald trump as a race baiting xenophobic religious bigot, said he was the isil, the islamic state man of the air. no one has eviscerated ld trump more than lindsey graham pitt why he switch this into a synthetic to sycophantic way. >> martha: people realize people over time and the president

join us online, and again here tomorrow evening with mark shields and david brooks.all of us at the pbs newshour, thank you, and we'll see you soon. >> maj newshour has been provided by: >> fidelity investments. >> american crse lines. >> bnsf railway. >> consumer cellular. >> and with the ongoing support of these institions and friends of the newshour. >> this program was made possible by the corporatio for public broadcasting. and by contributions to your pbs station fr viewers like you. thank you. ng captioponsored by newshour productions, llc captioned by media access group at wgbh access.wgbh.org >> you're watching pbs. >> hello, everyone, and welcome to "amanpour & co." this holiday season, we're dipping back into the arcves and looking at some of our favorite interviews from the year. here's what's coming up. 30 years since the fall of theerlin wall. and we look into how that night changed thrld for better and for worse. our panelists are all witness to history. then... >> you can't eat the orange and throw the peel away. a man is not a piece of fruit. ar>> ac

dreher as they quote him often, they interview him often, there was an america piece about him and david brooks called his book the most important religious book of our decade and this book spends time speaking to christian conservatives and saying the republican establishment has betrayed christian conservatives. it has not protected them from the sort of ideals of the enlightenment, of capitalism, from the lgbtq agenda and they should make this 16 century mark and they should live in the little arcs amidst the barbarity of the world . he spends the book outlining how they should go. based on his reading of medial monastic texts and his experience living with this benedictine community in england and one of the first things i do to critique his argument is to note that medieval monks did not call what they were doing living in arcs amidst the barbarity of the world. he instead called what they were doing living in tabernacles, it's a dwelling place among the people and monks in establishing monasteries were not interested in monastic environments, they were interested in monastic environments

i believe there is what the new york times columnist david brooks calls an ambitious -- an invisible fabric that bond this nation together. he talks about good citizens, he talks about the greek phrase for a good citizen. he talks about that what we know, we know what that moral fabric is. it is honesty, decency, treating everyone with dignity and respect. giving everybody a fair shot. giving hate no safe harbor. leaving nobody behind. leaving nobody behind. demonizing no one, the poor, the immigrant, the other. leading by example, not just the example of our power. standing is a beacon of hope for millions of people around the world looking at us. that shining city on the hill. ladies and gentlemen, it is a code. it is a code. it is the american code. for some reason this president just as not get it. for some reason this president does not believe in it. he is snoozing. he thinks he makes as weak. and i can't read exactly to be year and a half ago he said all the stuff about leaning it, reaching out, makes you a sucker. what's going on here. we all, all of, us no matter where we ar

career and offered his thoughts on leadership in a conversation with "new york times" columnist david brooksogram. >> greek phalanxes, preparing for battle, covered by the shields, so terrified they could hear each other teeth chattering. have you felt that fear in course of your career or battlefield, somewhere else? >> absolutely. you feel it. you're trained to overcome it. there's things you can do to overcome it. your body will help you, your mind will help you get through that. it will slow some things down. but the most important, i mean, there is nothing strange about fear. it is going to be there. part of every fight. first time i got shot at i couldn't taste for three days. scared the hell out of me. but i think you're well enough trained. but what really drives you forward, you know, because you're probably going to be very, very tired. i cannot even explain to you how tired you get in combat. some of you in here have been there, you know what i'm referring to. so, the fear is going to be there, coupled with fatigue that goes beyond words. just also, a sense, almost at times of doo

i think that david brooks, the columnists once said it best when he talked about barack obama.ou do not know what you've got until it is gone. that sense of dignity and decency is about kids watching theirpresident on tv and parents not muting their volume. it is also about our standing in the world. we will do both things at once. ok. trying to go fast. on guns from barbara in cedar rapids. there you go, barbara. thank you. i look at all of these like i think a lot of people in iowa do. arere in two states that strong hunting states but we also believe in people safety. dick ins hurt my uncle the deer stand? they do not hurt my uncle in the deer stand. i have made this point to the president of the united states because i sat across from him after parkland and made the case for universal background checks and he's said nine times, i have the piece of paper with the hash marks. he made those promises. there is a video. he said -- we will do that and we will quote the boyfriend loophole. that is still out there which i will talk about that in a minute. and the next day he met wi

and i think that david brooks of the colonists won't said this when he talks about barack obama, youit got until it's gone. and that sense of dignity and decency, is about kids watching the president on tv and their parents not muting the volume. but is also about the world. on deming and will standing in the world. we will do both things at won't. [applause]. sans on guns. that is from barbara from cedar rapids. they go thank you. so i look at all of these like a thing a lot of people and i would do. richard states that her strong hunting states. but we also believe in people safety. so would i look at these things and see today my uncle in the near stand. universal background check. magazine limits any of these things. assault weapon ban. do not hurt my uncle in the deerskin. and i have made this.to the president of the united states. because i was the one that sat across from him after parkland. an immediate case for universal background checks. and he said nine times, have a piece paper with a #. he made those promises. and he said yes, it's a video. there's a video. and he said

david: when is the 737 coming back? brooke: your guess is as good as mine.was not getting the jets until october. we could be waiting quite a while. story, we arehird delighted to have craig fuller, the ceo of freight waves. a leading source of what is going on in freight markets all around the country. let me start with the iranian question. particularly looking at rail and trucking with respect to crude oil, could we see a direct effect. craig: it should increase demand for oil. we think it is a net increase of demand. if there is a military impact isolated in the middle east, that could also increase industrial production and industrial demand, which will drive freight volumes. brooke: freight has been in a recession for a significant period. could this be a turning point for the railroads? craig: we think freight broadly has been in recession since october 2018. it has been a tough year. we think it bottomed with the trucking industry midyear of this year and we are starting to see increases. we had a good fourth quarter. freight volume in december was u

david: talking with michael o'hanlon from the brookings institution.here were some people after the initial attack that said what the president was doing was trying to reinsert the torrents into the relationship with -- deterrent into the relationship with iran and others. he was willing to strike rather than let them increase their attacks. is it possible the president is doing something more profound? michael: i do not like that phrase, reestablish deterrence, because it was a phrase people used in the summer to say we should hit a few surface-to-air missile sites for a drone to shoot down. way ores it is a pretty an elegant way of saying you will strike back to show you are tough. in this case, there is the possibility we are saying someone like soleimani who has byled so many americans providing the weapons to groups that were instructed to shoot at us and our troops in iraq, very advanced improvised explosive , we will save you assassinate americans we consider you fair game. i think in the last 25 to 30 years there has been asymmetry in the u.s.-

that's the argument alan dershowitz is going to make and david brooks said this on pbs last night.hey have not made a strong argument for removal, even assuming the facts are true. so what is the impact on the election? think the democrats have handed trump a real victory here , because a lot of republicans and moderates don't see the democrats as being much better in terms of corruption or a threat to the integrity of the constitution. and what's going to end up happening is a lot of dirty laundry about the bidens will be that, so it's ironic congress is going to end up doing exactly what trump wanted ukraine to do to drag biden through the mud. host: we got the point. that's kevin on the independent line, calling from maryland. the washington post says when it comes to the proceedings that have taken place back and forth during the course of the week, a new york republican advising the president's defense team told reporters that trump's lawyers needed to relitigate what is considered a debunked conspiracy theory that ukraine interfered in the 2016 election to help hillary clinto

brooke: the target bonus is 1.8% salary, that pays out as out target. that is $2.5 million. talk about long-term incentive awards separate. david: and those are tied to the stock value. if he fixes the problem he will get it two ways. brooke: that is why you wonder why you keep the extra cash, not to mention that calhoun has been on boeing's board since 2009. his own representation is on the line as one of the board members who made all the decisions to put the company in this position. david: it is hard to believe he would not have taken the job but for the special compensation. now we go to eric watson on capitol hill. we are finally getting going on the senate side, we do not have the articles of impeachment yet. what we know about what will happen once it goes to the other side? eric: it looks like the house will vote tomorrow about naming the managers and the senate. at that point there will be some sort of ceremony where the house members will physically carry the articles over the senate. there is some dispute over whether it will be a folder or an ornamental box. a very ceremonial moment in our country. negotiations und

i'm david from the china center here in brookings and i'm going to moderate this panel. we called it domestic challenges that china's facing as it aspires for these goals out to 2049. now, of course, that's a huge topic, the domestic challenges. i'll just warn you right now there are a number of important issues we're not going to cover on this panel. we'll get into financial sector reform in the next panel and issues of state enterprise reform might come up there, but what we've chosen to do here is focus on four issues that generally fall in the category of social and environment challenges. as my colleague suggested, we have a lot of discussions in washington about different topics concerning china. i don't think we've really covered that much, some of these important domestic issues. so i'm very happy that we're going to start with the professor who is going to talk about the critical issue of demographics. i wanted to start with that because i think that's really a defining issue for china, and then wang, who is a research fellow, all of the colleagues from the nati

media world, pundits, commentators beating the drums for war including the washington post -- david page, the brooks: sean hannity. guest: he is on the list. this is a problem where we have our political media system overall. a lot of these people got it wrong. they said things they had no evidence of saying that paved the way to war, which is a serious matter when you think of the consequences. mother jones, matt cohen and i, another reporter put together a list of people who were wrong last time and probably should not be listen to this time if they start weighing in on what we should do in iran. host: because you brought up impeachment and made a connection between the current activity, how do you connect the dots? guest: let me start with my baseline analysis, which will probably enrage the republican callers. i think donald trump is a pathological narcissist who sees the world only in terms of how it affects him. he doesn't really care much about other things. under the cloud of impeachment, he is angry, he is enraged, he wants revenge against democrats. he also wants a different narrative to t

at some of the most significant economic stories of the 2010s with david wessel, the director of the hutchins center at the brookings institution, and catherine rampell, an economics writer and columnist for the "washington post." and weome to both of you. david, you and i did sit here 10 years ago. things were not looking well. they were getting better, but we weren't sure. >> that's right. it's really remarkable. i don't think either of us foresaw what happened in the 2010s for really the decades of the three lows. we had very low unemployment start of the decade, nearly 10%. today, it's a 3.5%. it's been very low inflation. in fact, inflation is so low that the fed is struggling to try and get it up to its target. and partly for that reason, interest rates have been very low at the beginning of the decade. the congressional budget office has predicted that the yield on 10 year treasuries, which is kind of a benchmark, would be 5% on average in the 2010s. today, it's 1.9%. nobody would have predicted this. and it means it's good for people who borrow, including the federal government. it's not so good for people w

david westin. on the program is michael hanlon , brooking institute senior fellow. vonnie: he did it again. president has a market rally on the way after saying iran has stood down. in actual fact not announcing any military initiatives, just further sanctions. you see the major averages up .75%. crude oil did slow $60 a barrel. 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, kevin cirilli from the white house on president trump's reaction to the iranian missile attack. rafael onn, therese boris johnson's difficult meeting with european commission head and carlos ghosn's extraordinary press conference. let's go to the white house. president address the nation saying as far as he can tell iran is standing down. mp: iran appears to be standing down, which is a good thing for all parties concerned and a very good thing for the world. no american or iraqi lives were lost. david: we will turn to kevin cir

david muir. >> reporter: this is steven and lauren miric on their wedding day in fall brook, california.ir dream day. everything except for one thing. steven's best friend and best man a.j., anthony white, was unable to make it. two months before the wedding a.j., a member of the u.s. army, got word he would be deployed overseas. steven decided he would not replace his best man. it turns out he didn't have to. >> congratulations. >> reporter: there he was, in uniform, congratulating mr. and mrs. merrick. >> oh god. >> reporter: turns out two days before the wedding, a.j. found his deployment was getting pushed back. he kept it a secret till this moment. the best man, the group hug, the bride and groom thankful for the wedding gift they did not expect. that's a good moment, a good friend. henry david thoreau said, friends. they cherish one another's hopes and they are kind to one another's dreams. that's "nightline." you can catch our full episodes on hulu. i'climate is the number 1ove priority.sage. i would declare a state of emergency on day 1. congress has never passed an important cli

david: bloomberg trying to lure staffers to use expensive campaign gifts, he hands them out in exchange for working for him. promising 3 catere meals a day, iphone 11 and mack brookpress secretary 10,000 a month does this show desperation. kennedy: no, it shows his parenting philosophy, if i buy everyone a horsey they will love me. to lou's point, i don't know what a bloomberg democrat circumstance sidon't know what a lot of times politician promise a bunch of stuff they know they will never deliver on. they are addicted to getting elected. this was this president's first election. you -- for what they promised they will demand a return on their political investment. david: another fox business alert. headline just crossing from reuters, president saying he plans to release a middle east peace plan sometimes between now and toys di tuesday before visim israeli prime minister netanyahu to white house, spoken briefly to palistineans and will again, they they first react negatively, but we'll talk again. >> organize labor hitting record lows last year, one in 10 workers represented by a union. what is the reason for this surprising dip? you might not be surprised to

david westin. welcome to "balance of power," where the world of politics meets the world of business. on the brief today, alison williams on strong bank earnings kicking off the earnings season. brookeg's , and eric watson on the impeachment trial likely to start next week. strong earnings, particularly from jp morgan. is how the question sustainable is that. becauseted strong gains the quarter was so weak, but this quarter turning out to be very strong. what is interesting is as we get all the reports, how much was market share gain and how much is the broad strength. david: i will come back to wells fargo. on: healthy on both fronts. the comment on the consumer

david goodman. target shares are falling premarket after posting holiday sales below its own expectations. it also slashed its fourth-quarter sales outlook. joining me on the phone is brooke sutherland. not a good day. what do we know? brooke: not a good day at all and a surprise because target has been one of the few retailers putting up a string of successes when it comes up to sales results. this does raise a lot of questions. we got disappointment from a lot of the department stores. the thinking has been the share has gone to companies like target. for target to be posting such weak sales numbers raises the question of how strong the consumer was. they called out specific weakness in electronics, toys, and also key parts of homes. it is unclear tariffs may have played a role, or weaker than expected traffic. on the bright side, they did sell more of higher-margin products than they were expecting. that did allow them to maintain their earnings back for the fourth quarter. i do not think they are looking on the bright side, with shares of target down more than 7%. birds ---- alix: room bloombergs brooke sutherland joining us. we end on u.s. politics. the democratic ca