to -- what's being done to get a trillion trees and i was surprised that you talked about this at davos with a lot of business leaders. it seems like business is embracing trees for jane >> yeah. i think business is finally realizing that we have to do something to stop deforestation and you know the co-founder of trees for jane, jeff horowicz, he started the deforestation company and we went to davos and talked to the business leaders because i think you'll agree, "mad money" should, that profit -- a lot of profit should go back into healing the environment that we have so destroyed, a lot of it because of business. >> well, you do talk and in your fine, short video it is profit, it is greed that is chopping down the forests as fast or faster of course than we can replace it, but i know that you've had some good discussions with marc benioff from salesforce and also enrico lorenz who have very much embraced your cause. >> absolutely. both of them have helped make trees for jane a possibility and it's people like that that we now need to step up to the plate. and i think the bits of goo

tom: the biggest negative risk is we are all going to davos. it is under negotiating.onathan: what are we negotiating? tom: the gulfstream. we have the smaller plane. benioff has 22 seats. we cannot get lisa's entourage on. jonathan: i am happy to start the coverage. when we get out there, we have to reflect that what happened in 2020 in january when china started to shut down at that conference was totally asleep. tom: i am losing the right word. you are right. happy valley stopped for the president of china and maybe there was not enough skepticism. jonathan: nothing. china will handle it. that was the consensus. it was bizarre. no one wanted to talk about it. jonathan: that is the reason there at -- lisa: that is the reason there are so much skepticism around cop 26. you think it will be flop. this is the fear. that is why you're getting announcements on specifics like methane. people are tired of it. jonathan: for a lot of people there is a positive living crisis. lisa: how they will dovetail that into a cleaner future while at the same time people cannot afford th

tom: he blew me off at davos once -- at davos once. i remember when he came and did the show. had flip flops on. jonathan: let's talk about this seriously. do you really inc. it is that kind of moment? tom: no, no, no. i am pushing back hard. are we done? we will continue on the data through the morning and this afternoon for the fed meeting. alicia levine with us, bmi mellon -- bny mellon. how do you adjust? alicia: an interesting october because we rallied hard, so earnings came in better than expected. but what we expect into the end of the year, when markets are up this much in the first 10 months of the year, you do so into the following year. they are expecting a good market in 2022 as well. the interesting moves here are happening in the bond market. the fascinating thing here about the bond market is that the breakeven curve is still inverted, and yet the market pricing of those rate hikes is hawkish. those two things are at odds with each other, so it will be really interesting to hear what powell says today. incidentally, i think what happened last night orally incre

. >> what about when we were in davos when you got sick. >> that was from bad fish at a restaurant wherehey have those little things, i don't know what happened >> hi bbachi. >> that was six months >> enough. when we come back we'll talk about elon musk's $15 billion tweet and why he changed his name to lord edge. >>> later the house passed the bipartisan infrastructure bill with president biden's social spending bill still on the docket we'll tell you what comes next "squawk box" will be right back. so, you want evs, you have come to the right place. is that tom brady? yeah. he comes in to recharge, get software updates. you know. let's go! what's strong with me? what's strong with me? what's strong with me? what's strong with me? with me! with me! what's strong with me? with me! with me. new projects means new project managers. you need to hire. i need indeed. indeed you do. when you sponsor a job, you immediately get your shortlist of quality candidates, whose resumes on indeed match your job criteria. visit indeed.com/hire and get started today. >>> elon musk making headlines over th

book a rum managers reports now from the capital of bonus state my to agree border states colorful davos back after years of touches, a heritage due to beck, st. juries as book or am fi to slowly lose crowd music and dance of a once proud people has bounced back. ah, born or hess started coming back to life because her older to we cannot express during the last 10 years or so is no gradually coming back to life again. so therefore, i to let actually take us for quite some time before her maintaining her former glory as we were known. just a few years ago, marriages were either held away from the state or organized with minimal crowds for fear of attacks. not anymore. despite economic hardships such important occasions that our being celebrated with pop it or not a lot back out. but these telepresence couldn't hold a bit more. as a security import, families are jumping together, celebrating the nigerian military has stepped up its operations against book, or i'm in recent years. tens of thousands of displeased people and are able to go back to their homes. and with be slowly returning peo

representative file this candidacy for sen, the move comes after he publicly rebuked his own daughter, davos city mayor, sat on the 3rd day for running as vice president and running meat of the son of the late dictator for didn't mark us for it in a mark as junior. the older deterred to says, his daughter is far more popular than marcus, and that the marcus's can never be trusted, especially when it comes to politics. that's a surprise to many because the marcus as have been allies of the de thirties since 2016 for months now, the deter does have repeatedly said they were not interested in seeking hire office . that's changed in the past couple of days. so you can see how they treat it, even quality bix. it's like a game. you know, what shows also they're very strong sense of entitlement. you've seen how the substitution works. we've seen how personalities or people we do not know, filed county, the seas for president vice president sen, only to withdraw, and then only to be placeholders and give way to personalities. while this may seem a typical jaw saw for political power, it is critical

my duty were rusty's colorful davos a back after years of officers, a heritage due to beck singers. as bo court, i'm fighters slowly lose ground music and dance of a once proud people. his bows back ah, law hess started coming back to life because her older to we cannot express during the last 10 years or saw is no gradually coming back to life again. so therefore, i to let actually take us for quite some time before her maintaining of former glory as we were known. just a few years ago, marriages were either held away from the state or organized with minimal crowds for fear of attacks. not to enable mm. despite economic hardship such important occasion that now being celebrated with pop, it's almost a lot back culture. but these telepresence oh, just a few years ago. but more of a secure to improve families, are jumping together, celebrating the nigerian military has stepped up, its operations against book warren in recent years. tens of thousands of displeased people and are able to go back to their homes. and with be slowly returning people here and o reviving the festivities and

kailey: i'm going to quote jonathan ferro, where he talked about davos. a number of people in first class talking about social inequities between the rich and the poor. i am looking for something concrete. that optimism seems to be sinking. jonathan: he is a wise man, a good man. [laughter] u.s. equity head and cohead of multi-assets. a central bank decision, the federal reserve on wednesday, the bank of england on thursday. we have these massive moves at the front end of the yield curve , well-documented. what are you looking for this week? >> from the rba, we need to see that they are going to reassure markets that they do still have targeting on the yield curve. last week, the market tested them and rba was quiet. you have an increase in the two-year rate, a shocking magnitude. from the fed, consensus is that they will announce tapering. they need to be careful to manage market expectations. the market is already pricing in rate hikes. with the boe this week, the expectation seems to be that we will get the first rate hike, marcus pricing in. 51-52% ch

soft-spoken guy, but a fixture at a place like davos, and certainly in london.does it change the footprint of that city? guy: we are certainly going to miss him. sonali, thank you very much, indeed. sonali basak on more changes at jp morgan. have we got coming up? the world's largest ad agency helping efforts to get to net zero. the ceo joining us from cop-26 in glasgow. that conversation is next. this is bloomberg. ♪ so many people are overweight now, and asking themselves, "why can't i lose weight?" for most, the reason is insulin resistance, and they don't even know they have it. conventional starvation diets don't address insulin resistance. that's why they don't work. now there's release from golo. it naturally helps reverse insulin resistance, stops sugar cravings, and releases stubborn fat all while controlling stress and emotional eating. at last, a diet pill that actually works. go to golo.com to get yours. ♪ >> we did $80 billion of financing last year. it is a business. so we have tax credits we disclose, the difference between our rate and are paid r

literally cropped out of the picture by the associated press when they supposed with four activists from davos most affected by the climate change. her latest book "the bigger picture: my fight to bring a new african voice to the climate crisis." and she joins me now. vanessa, welcome. explain what got you interested in activism, and climate change. you come from uganda. is that right? >> yes, in 2018 i started to research the challenges people are facing in my country and i realized the climate crisis was one of the challenges and greatest threat facing the lives of so many people. and the footage of the floods and landslides, when i realized how much of an issue and threat it was to my country, i decided i would start speaking up. and through that i was inspired by greta to start the climate for our future and create awareness of what was happening. many people are losing their lives. many people are losing their businesses. many people are losing their homes, and thousands more losing their farms as the global temperatures continue to rise. >> now, as you know, vanessa, while all that you s

because february 2020, that was just a couple weeks after trump was in davos doing an interview, blowinge not worried. >> that would have been a good time to hear from the cdc about the risks of coronavirus to the average american. and dr. nancy messenior was trying to get out in front of coronavirus coming here. one of the new details we learned from the house panel is that the doctor also had difficult conversations with the cdc director, with the secretary alex azar after that, and the weeks and months to come, cdc essentially disappeared from public, and i tend to think of it, stephanie, as cdc was trying to fight a two-pronged war in early 2020. they were trying to fight the virus, and fight for control of the agency's messaging. >> dr. gounder, give us a reality check here. how many lives could have been saved if we understood even a fraction of the severity of this last winter or 2020, yes. >> stephanie, i think the challenge here for the average person is when you are told, you know, this is not really a threat, when the risk is minimized, it becomes very difficult to convince pe

that summer after all and it was the goldman rule when goldman declares from the mountain tops of davos they would not take a company to the-- and they said diverse, racial and gender diversity. with that abuse of market power to be able to exercise power in the marketplace of ideas, to decide questions that i felt needed to be decided in our democracy at large, that was actually the greatest form of corporate overreach of all. and that's actually a big part of why i wrote the book. >> another story you tell from the beginning of the book, sort of similar, and famous statue put in front of the wall street bull and tell us about that. >> it was supposed to be icon of feminism so she, capital s-h-e makes a difference and supposed to stare down the iconic wall street bull the male power, that was commissioned by state street global advisors as you probably well know an asset management firm and that's out s-h-e-stands not just for she, but the ticker echange traded fun. a well-collected stocks, and values, and charge a fee. it was better than that. they built the statue around the time the

. >> what about a global conference are l you go to davos?uestion. >> thank you it's freight to see you. good to see you. >> thanks a lot. >> okay. >> coming up, frank lutz will join is about the gop win and what should the business community be taking away from all of it? don't go anywhere. we're coming back right after this > >>>. >>> in virginia, we know republican glenn youngkin taking the governor's race last night beating out former governor terry mcauliffe. one of the other big contests was in right next door to the tunnel in new jersey it's still too close to call governor phil murphy locked in a tight race according to nbc news, it's a dead heat, 85% of the expected vote in in joining sus frank lutz, political strategist at fil, inc. you have eight counties left when it's all said and done, you figure that murphy is likely to win by about 1% then you point out based on last year's election, that's still a 15-point swing so there is something in both of those races in virginia and new jersey that points at something? >> exact lip and

davos powered by more than 2700 journalists and analysts in more than 120 countries.: southeast asia is in focus. asia research institute distinguished fellow kishore mahbubani will join us to discuss the outlook for the region. it is our new focus on "bloomberg markets: asia. "bloomberg markets: asia head -- asean ahead is next. rishaad: where the impact of the new omicron variant is still being assessed, malaysia and singapore took another step towards reopening. we have the causeway bridge link beginning travel this morning for the first time since last year? yvonne: yes, that is good news. southeast asian nations are reopening, realizing that they can no longer afford the economy-crippling restrictions related to squash the virus. rishaad: we are marking the changes and opportunities for the part of the world. let's get straight to juliette saly in singapore. take it away. juliette: our first guest for this new segment has been a career diplomat and academic and now distinct fellow at the asia research institute. kishore mahbubani is also the author of several boo

but from the beginning, in davos in 2020 when he was modelly on a napkin how far the original virus can originally spread. these guys -- it is their personality, but luckily, they are prepared. >> meg great work of course this morning helping us got our arms around this today. that's meg trill. >>> gottlieb was also on this morning saying we would probably get our arms around the epidemiology sometime this week. >> right. >> how are we supposed to trade during that time >> there is a cadence. i think the cadence is, we discover someone brought it here after what happened in the netherlands. it is hard to believe that we don't. then we get a big selloff. then you are going to get news this is something we are going to be able to teal with. it is not going to be march of 2020 when it's not, we are going to go -- look, i am not a huge fan of the cruise ships but take royal or for region. royal is down 20 from when they did that giant secondary you have to say to yourself, you maybe bite the bullet and buy some norwegian which has -- i don't think you are going the hear about massive cancel

i'm thinking about davos, too, what is going to happen in europe by the time --?ant testing program. that's going to be the way they're going to try to solve this >> andrew, we're all signed up >> we're all going, but their plan is what i'm trying to do on thanksgiving, they're going to basically test you virtually every other day. >> who is taking a quick test? my next test, it takes ten seconds to do it and 15 minutes no wait. >> i'll give you the phone numbers of some people in my family. >> no big deal just a test. >> coming up, the supply chain, economics of the trucker shortage frank holland has a preview of what is coming up, frank >> good morning, andrew, a historic trucker shortage at 80,000, we go inside, a major factor to get behind the wheel of a big rig i'm frank holland. i'll have that story coming up on "squawk box." good to see all of you, yeah! why is jerry so... popular? it's been like this ever since we started using workday. what do you mean? it makes it easier to develop great relationships with our suppliers. now everyone, everywhere loves je

. >> -- but at least international travel and -- are we going to davos? >> that's a very good question >> did you think about that? >> i'm planning on it. i've got my plans set up >> i think it's -- i don't know. it's below our pay grade to make those decisions. but someone is going to make those -- i'm kidding that was for management, that was a joke but someone is going to make decisions and, you know, places are very risk averse i can't imagine. i don't want to get stuck in europe, do you >> not being able to come back. >> not in the place i get put up over there and no -- you can't even get food i eat pizza like three times a day. swiss pizza. i don't know what that is. >> part of the question is going to be -- what's the definition of fully vaccinated? are you fully vaccinated after two shots or now that you are seeing it, do you have to have a booster shot >> he said to us -- we had a long conversation about when a new vaccine that was catered to omicron would be ready and he said early '22 why would we have been talking about the need for a rejigge