to go before we talk about that, you can you talk about what you have been doing to create that dynamism the city has become known for? because unlike miami you have been experience quite a bit of significant growth lately over the last ten years the city's at 12 percent role above the national average so tell us what it has been like to pursue that dynamism agenda to grow the city during a time of crisis. >> first of all thank you for the invitation i appreciate your organization very much and like mayor suarez it is an honor to be on the panel with he and the other mayors. in oklahoma city i inherited great momentum the key to success over the last 25 years it is well documented here in oklahoma city that we started to invest in ourselves and passing the temporary one cent sales tax to build quality-of-life initiatives not necessarily core infrastructure. we have those needs as well and mechanisms in place but we found 25 years ago that it was very important to have a lot of the free market principles in place that you preach but if nobody wants to live there and there's nothing to do

tell us what it has been like to pursue a dynamism agenda to attract good paying jobs, to grow the city during a time of crisis. >> thank you for the invitation, appreciate your organization very much and like francis suarez, it is honor to be on the panel with he and mayor lincoln. in oklahoma city i inherited great momentum. our team's success was well documented in oklahoma city and often other places as well. we started investing in ourselves, passing these temporary sales taxes to build quality-of-life initiatives, not necessarily core infrastructure, mechanisms for that in play but we found 25 years ago that it was important to have a lot of free market principles in place that you preach but if nobody wants to live there, they are not going to be as interested in your workers compensation policy or income tax rate, we find ourselves in that box in the early 90s so we started building stuff and call it maps and we still do, one person temporary sales tax that are voters of approved four times and when i took office we were in the final stages and i championed for my first two year

it is the dollar dynamics and oil dynamics as well.eremy stretch kumutha did in the growth of 2021 -- jeremy aretch, you -- is it just pandemic rebound growth? very goodat is a point. even a rebound from the pandemic growth pessimism of 2020, there is a realization that we are going to have to do the hard yard to take back all of that, or part of that macro destruction that we saw through the course of the last year. we will continue to see that in the context of employment, and that is mostly in the terms of nonfarm today. it will be a series of hard yard to take back from destruction, and over the medium run into 2022 and onwards, we can start to see a more growth oriented backdrop, which is not purely or largely exclusively the rebound potential from the losses we saw through the course of last year. francine: in the fx space, where do you see the most excitement in the year to come? jeremy: i think we are going to see those commodity oriented currencies to continue to perform well, and in the context of the majors in terms of the g

fortunately, political dynamics dynamics -- unfortunately, political dynamics change but the moral truth does not. executive orders cannot alter the basic science of human life. so i thank my fellow kentuckians and all americans who are participating. we will see you in person next year. now, on a totally different matter, the country has waited to see whether the new administration would follow a pro-job, pro-worker, pro-working family approach or give in to the far left and put ideological concerns before kiffin table ones. unfortunately, we didn't have to wait long. as recently as october, now-president biden said you can't legislate by executive action unless you are a dictator. well, in one week, he signed more than 30 unilateral actions and working americans are getting short shrift. the president abruptly canceled the keystone pipeline, a massive setback for energy security in north america. the canadian leader called it a gut punch. i imagine the 11,000 american workers, including 8,000 union workers who were counting on that work feel the same way. we have headed back into an in

it's a little bit of a different dynamic on there. there's a general sense of, i think the same sense for isis which is a sense of belonging. these are usually individuals who are not particularly grid of what they are in real life and want to be part of something bigger. whether that is white nationalism or isis, , it provis a sense of belonging they didn't have before. >> we are getting a ton of questions i think i'm going to go to the questions and i will just interject myself as they make sense. one asks, i would like to know as an altar of female suicide terrorism how to held accountable in in a more comprehensive way the women who inspired the men such as omar martÍn, et cetera? for listeners i'm going to consolidate the question and shorten them. talk about females. >> that's an interesting dynamic. when we looked through the cases and look at the trial records, the words brainwashed come up a lot for judges when they sentence. in fact, men were sentenced at a much higher, longer sentence than their female counterparts. the cri

so there is this interesting dynamic that if we could combine those character sets of the generations and look at the duty that we all have toward our system and be healthily ambitious about our own well-being and the well-being of our families and the well-being of our neighbor combined with the younger generations desire for interconnectedness, community of being in solidarity that informs the economic and political systems in a way that again you have to be beautiful and you have to be ambitious and you have to do your part. that's when not exactly what the book is going into but it manifests itself in analysis that points to these trends to which the older generation the younger generation housing preferences are lining. smaller spaces still independent but interconnected with neighbors, walkable important community services nearby, local foods being one, church and the dynamics of which. the essence of the more interconnected community versus kind of the way in which we built america and last 75 year suburbia and large-scale transportation so both generations desire that and i th

again, that dynamics which create the essence of the more interconnected community versus the kind of the way in which we built out of america in the last 35 years of suburbia and large-scale transportation. so both generations the value of that and that point to some of these underlying considerations i have observed in terms of dutifulness and ambition by doing that with the heart which is what young people are yearning for. >> what books have been the most to you throughout your lifetime? >> oh, gosh, i wish i'd some prep for the question because that's going to be hard. honestly i reference one yesterday in a media interview. i i had a gentleman on a zoom cl with me who is suffering from a disease als which is sometimes called lou gehrig's disease. one of the first books i have read, i was very, very young was on lou gehrig, a famous baseball player who basically got the disease. it's a degenerative neurological disease for which there is no cure, and it swoops upon people unexpectedly. we don't know exactly why. about four years ago i weiss little brother noticed a trembling in h

there is an interesting dynamic if we can combine those characters of generations and look at the duty that we have towards her system and ambitious about her own well-being and the well-being of our family and our neighbor, combined with the younger generation desire for interconnectedness, community and solidarity and that actually informs economic and political system in a way that you have to be ambitious and you have to deal with heart, that's not exactly what this book is going into an analysis points to the trends in the older generation and younger generation and the preferences are aligning the smaller spaces with independence and interconnected with neighbors, walkable, important community services nearby and local foods being one, church the dynamics of which create the essence of a more interconnected community in the last 75 years of suburbia, both generations desiring of that and i think that points to the underlying considerations that i've observed and beautiful nissen ambition of doing that with the heart which is what young people are longing for. >> what has meant th

increasingly, i think you may need to just think was between dollar dynamics and cyclical dynamics, but i think the way that i see currency markets right now, i think and developed markets, we are trading vaccination success. you can see it with sterling. in emerging markets we are trading infection rates. they are very distinct. there will be a leveraged play on the success of the developed market, but right now you can see differentiations emerging. in developed markets, it is about the speed of vaccination. even that is probably too simplistic over the course of the year, but i think it is nice to actually see differentiations starting to happen into the fourth quarter when it was all about selling the dollar. tom: is there an urgent need to hedge equity believe out one year, three years, five years against foreign exchange? gene: equities, you said? tom: if you have a stock portfolio or frankly a bond portfolio, is there going to be enough currency dynamics where i need to head? there is an efficacy to hedging? gene: i think it really depends on the market. my sense is that there wi

there is this interesting dynamic that if we could combine the character sets of generations and look at the duty that we all have two our system and be ambitious about her own well-being and the well-being of our families and the well-being of our neighbors combined with the younger generation's desire for interconnectedness and community being in solidarity. that actually informs the economic and political systems in a way that again you have to be beautiful and you have to be ambitious. that's not exactly what this book is going into but it's pointing to these trends to which older generation in the younger generation preferences are aligning. smaller spaces still independent but interconnected with neighbors, important community services nearby, church and again the dynamics which. the essence of a more interconnected community versus the way in which we dealt out america's last 75 years of suburbia and large-scale transportation. both generations are desiring a better and i think that points to some of these underlying considerations that i have observed in terms of duty and ambi

it's created this very bizarre dynamic. it's all the same pot of republican voters that all of these leaders are going after. kelly loeffler at one time is saying go vote in january's election, go vote tomorrow. by the way, i'm going to challenge the results of last month's election. we know she's going to challenge the electoral college results that will have to include georgia's electoral results. it's the tightrope she's having to walk to win the trump voters that she can't win without and also to try to win this election even when president trump is attacking other republicans in the state at the same time. >> blayne alexander, shaq brewster, patricia murphy, thank you all guys. >>> during that rally in georgia, president trump's mind was clearly on what happens tomorrow when congress meets in a joint session. it's going to officially cement joe biden's win two weeks before the inauguration. nbc's garrett haake is on capitol hill and monica alba is covering the white house for us. monica, i want to start with you on thi

we don't want that dynamic ticket out of control.ustnk that, again, it is too early to have that number station. i feel like probably chair powell made a few phone calls, reined in the message a little bit. and we are likely to see that on thursday. romaine: so that is sort of the fed and its relationship with communicating or not communicating with investors. i am interested in the -- the fedp with the chair and secretary. do you think that relationship will continue, should continue, and can continue? julia: i think in the near term it will continue. there is no conflict here. we are still in a pandemic. now, getting the economy to the other side, we have got janet yellen likely to have easy confirmation. i think that her debt management policies will be very transparent and predictable, and the fed will therefore be able to calibrate its balance sheet policy in a transparent fashion , think as the recovery unfolds we will see that fed independence come back onto the front burner in terms of -- they some of the will be fiscal objec

been our cystic dynamic which is such a hallmarks of our times can he do that. in a way that will not take the entire time that we have booked for this conversation sure the paper that you're focusing on today wrestling with are angels came out of my work with early trauma with who shouldn't and what i discovered in their inner worlds so what i'm going to be talking about is mostly the sources the powers the personifications in the inner world of trauma no doubt. what what became clear to me was that these patients were suffering terribly from experiences in their early life where they were sexually abused or physically abused or emotionally abused. and the feelings that they had when they were little were so powerful and so unbearable that they had to beasts dissociated we call dissociation one of the primitive defenses and that simply means split off from consciousness and buried in the unconscious in these parts of the south which are usually represented as a child an innocent child an orphan child wounded child. in some way are usually protected by powers th

but before we talk about that can you talk a little bit about what you been doing to create the dynamism in oklahoma city that has been known for and sort of like miami were mayor suarez you been experiencing significant growth lately and i think over the last ten years or so oklahoma city has grown by 10% the national average. tell us a little bit what it's been like to try to pursue an agenda to attract good paying jobs to grow the city arena time of crisis? >> first of all thank you for the invitation, i appreciate your organization very much and like mayor suarez, it's an honor to be on the panel with he and mayor o lincoln. you know in oklahoma city i really inherited great momentum, are key to success over the last 25 years is well documented in oklahoma city and often times other places as well we started investing in ourselves and passing temporary 1 cent sales tax to build quality of life initiative, not necessary core infrastructure, we have those needs as well and mechanisms for that in place but we found about 25 years ago that it was very important to have a lot of the free

stocks are trading in a very different dynamic.long as the nominal yield is that is ad 1%, maybe positive for equities. yielda case for nominal to gradually rise during the course of this year, given the --t that unemployment rates let's say that the end of limit rate does get to 5% by the end of the year, which is what projections are calling for. then you should expect a gradual rise in yield, that should sort of offset the gains or comparisons. lisa: it is hard to think about cash is in an era when supreme and there is so much of it. sidelines, 4.3 trillion dollars in market -- in money market funds that could be deployed. how much can yield rise in this kind of environment? subadra: i am calling for yields to get to 1.5% by the end of the year. have a very large amount. trading rates are actual -- are also quite high. that money is going to find its way back into the market, once we get past the first half of the vaccinations actually taking effect. i think there is a good case to be made for yields to rise. the -- we have 10 g

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building a bridge to the other side, losing dynamism companies elsewhere.a: the bridge to the other side was given to larger companies. the ones that were not are considered the more dynamic and more important in order to drive job growth and economic growth for both the u.s. and europe. those companies have been decimated. the longer-term impacts will be felt. it's just a question of to what degree. jonathan: is tom still with us? tom: i'm just listening. i'm fascinated. when we invented surveillance, it was about conversation. sometimes the conversation is so smart, i just sit and listen. i was listening to the two of you. what is important at the end of the conversation when i was starting my taxes, i wanted to mention the demographics. thomas is one of two or three people this week that really noticed a demographic shift. it folds right into nominal gdp. what do i do online 32? jonathan: one of the side effects of the vaccine is to be quieter the next couple of days. that i can run with. it sounds fantastic. i'm sure miss is keen -- mrs. keene is enjoyi

part of this is not necessarily a slow dynamic. it is a stock dynamic.equities keep going up, people get over allocated and they need to sell stocks and buy bonds, so we aren't is abating more flows into fixed income this year. tom: i look at the anticipation here, that we drive price up and you'll down. the whole yield higher bit, do you not buy it because of that reality? michael: bonds are getting cheaper every day, and stocks are getting more expensive. that is the trend we are in right now, and it is tough to fight that trend. we have some dry powder in fixed income here. we are waiting for yields to crest before we get really long duration, before we put on a really big position. "surveillance"e pencil. give us a level where you step --and go price up, you lower price up, you lower -- price up, yield lower. michael: 1.25 percent has been our level. i know friday, lisa and i had a great conversation about foreign rates. you look at what is priced in. is really important. the 5-year note is only at 0.5%, but it is priced to be 1.8% in just five years

the were really shining light in focusing on what is it about the social dynamics that produce thoseifferences rather than suggesting there might be something inherently wrong about the people. who had less access to symbolic resources her material. >> that's amazing. so the mentioned, one of the things that i think we both write about quite a bit is resistance. really shared that the cost of our work. in recognizing how sometimes it is effective but how often is not. so so important to write about. so tell us a little bit about why you highlighted this through withdrawal. matthew: 's list of great question. so one thing i was dominant in the literature that i was reading with this assumption. said that they don't have much impact on the experience of the impact but it's very true that the being processed in court is a very concerning experience, social control and much of it is outside of your control even of a defense attorney. i write a lot about sort of the feeling that they have their being caught between the power of the judges and prosecutors and unable to fulfill the expectat

younger generation is marked by the ideals of empathy and solidarity so there is this interesting dynamic that if we can combine those and look at the duty that we all have to our system and be ambitious about our own well-being of our families and neighbor combined with again the younger generations desire for the interconnectedness and community and being in solidarity that informs the economic and political systems in a way that again you have to be ambitious about but do it with heart. that isn't what this book is going into but it's manifesting itself in the analysis that points to the older generation and younger generation and preferences aligning. smaller spaces interconnected with neighbors, important community services nearby, local foods being one. the dynamics that create the interconnected community versus kind of the way in which we build out suburbia and large-scale transportation so both generations desire that and i think that points to some of these underlining considerations that i've observed in terms of due to fullness and ambition but doing that with the heart that t

but it is old and dynamic and two years of our six months from now there will be more movement viewers and readers need to understand it is a fluid situation and it can change because of two things. and that leads me to the third conclusion and china can continue what i already see as overreach and contribute to the sense of anxiety and suspicion or china can recalibrate to understand what produces these anxieties. wasn't a lot of emphasis of chinese foreign policy to listen very well. and to those criticisms from others. and those based on criticisms. so on the autopilot that if it continues it will use the counterbalancing relations and that leads to the fourth the less scenarios. and those moving toward the neutral line. those bandwagon with washington are over and then to be in the center of the spectrum and it is a sweet spot for ourselves asian countries within over dependency with those experiences that they don't want to get too close to any external power. there are the four scenarios. there could be some causation between us and china depending on how to put her hands. so jus

that changes dynamics.ve not yet seen the natural endpoint of where central bank balance sheets can go to. that experiment, we are living through. francine: what does that mean in terms of market crutch? when does the market latch on? if the narrative changes, do markets change with it? anne: couple things which play out. it is hard not to look at pockets of speculation and not feel the market is due some degree of consolidation correction. you are seeing that type of speculative activity, it tends to proceed some form of correction and consolidation. we are probably due. if you think of the stimulus has gone through, the fiscal response, the things we were hearing before, how we contracted this economic cycle and we are into the recovery phase, you are looking at estimates of 8% gdp growth in the u.s. this year. that is significant to earnings momentum. you have to balance, we will have consolidation but you risk economic momentum driving its way through the rest of '21. tom: thank you so much for joining

is paide labor dynamic forward by coffee right now. understand the wage dynamic right now.t 8:30.ming up here us fromills joins raymond james. this is bloomberg. ♪ after an extraordinary day on capitol hill, president trump is promising there will be an orderly transition earlier today. congress certified joe biden's victory. minutes earlier, one of the president's aids tweeted out a statement from him. the president said even though i disagree with the outcome of the , there will be an orderly transition on january 20. they are taking no chances around the capital today. national guard troops have been deployed around the building. that was after an undermanned police force was overwhelmed by trump supporters who storm the building. it was an unprecedented breach theecurity and forced evacuation of vice president mike pence and members of the house and senate. for the first time, twitter and facebook have suspended president trump's account. they escalated their crackdown on the social media post after he encouraged them. twitter told the president to delete three tweets o

that was a dynamic i had with victor david hansen about world war ii. this one as i recall came out of an as spend institute -- aspen institute meeting. they do a great job of bridging republicans and democratics caught to talk but critical issued. usually an author is there who bring his book and this weapon came about at westful those are two meetings which we generally share information. >> what books or your to-read list? >> oh, i don't i could turn the camera and show you the stack. i've got a stack by my chair at home. i've got a stack by my chair in the room -- in the bedroom, stack in the office here, and i just -- it's not enough hours in the day. just not enough hours. >> what do -- >> actually one on russia i'm gating ready to read. aisle partly into it as well. takes about the triggers that happened in world war i, completely unexpectedly. you're not having this -- the preconditions are building up toward the war about the triggers that happened. unleash this massive assault on humanity and an unprecedented scale with modern weaponry and old

when you look at some of the market dynamics taking place today, there is a different set of dynamicshat are probably representative of dynamics that took place 10-15 years ago. if you look at the fundamentals of what we do and what we are focused on, which is experiences , it is becoming the new currency of business. when you look at tech and how people are trying to get close to become more personal with the customers, more engaged with the employees, you're finding a significant market opportunity and a lot of investors see the fact we are building this company for the long run. the culture of this company has been designed to build something that should affect many generations of organizations that end up leveraging our platform. that is currently why today is just a milestone where we are going to be headed. >> i will double-click on that. when it comes to robinhood and those apps, they have created an experience that is a lot more play letters, retailers, individuals go and trade -- players, retailers, individuals go and trade. i don't to get is that much different than uber or

dollar dynamics is about four namics -- foreign dynamics. apple computer, what does it mean? that will be us later. there is a question about what gina martin adams was talking about with the economy and how much it could deteriorate in the first quarter. people could shrug it off given that we are getting a worsening of the pandemic. he has been tracking economic data, he is senior u.s. economist. as you look over the swiss alps, i wonder what you are expecting with employment as we get a decrease in the mobility data and increase in virus counts across the nation. >> good morning and happy new year. side, iabor market think it will be a bad start to the year. i expect a poor employment report for december on friday. the virus continued to spread in the u.s. with rising infections. we have seen initial jobless claims data in december on the soft side as well. a week report. there has been positive news with respect to unemployment benefits and $600 checks. i don't think people want to spend it in the current context of the virus circulating. vaccines are still not deployed a

especially in the senate given this power sharing deal dynamic. here's the bottom line.n you don't have a clear majority, okay? the democrats don't. it is 50/50. yes, the pv breaks the tie but she's not there day to day. they have a rule in place. you either make deal about how it will work between the two parties or you are bound by the last deal that was made. and that would mean that the committees stay in control of the old majority. meaning the republicans. so the senate does this at the beginning of every new congress to figure out, you know, committees, membership, budgets. but now it's more complicated because it is 50/50. so mitch mcconnell has the leverage again and he won't do a deal until democrats agree in writing to keep the filibuster which what? allows the minority to have power and push things to be 60 votes. now, mcconnell, they got rid of it and that's how you got supreme court justices on a simple majority. 50 plus 1. so the question is, should you keep it? it doesn't matter now because the democrats don't even have the number to get it passed. that's

oft she called the dynamic deafness. when you get involved in a social movement, you give up a lot if you are really working on the social movement. people don't get paid for working on social movements, so you begin to listen primarily to the people you are working with. you stop listening to the opposition. becomein not to hear, to a bit deaf. the first wave of the amendment t,ally came out of the coas washington, d.c. the states were very important but a lot of the legal work was done by lawyers in washington. so, for example, when there were only about 22% of the people in the country who wanted women to be -- on the same basis of meant. now it is more than the majority, but at that point, it was a small number. our lawyers were saying that the end women inton combat in the same basis of men. a lot of legal scholars pointed out that the supreme court had the doctrine of military necessity. soldiers don't have the same rights of free speech that civilians do. the supreme court allowed the military quite a bit of discr

>> you know, i would like to hear more about what's going on with the dynamics. again, you don't make policy in a conversation like you and i. what i would be happy to do is after i have a conversation with the governor, then talk to you about the things we discussed. i don't want to do it before i -- >> sandra: i appreciate it. thanks, dr. fauci. appreciate you taking the questions. >> john: you don't last as long as he has in his position when you're negotiating in public. no question. dr. fauci, great to see you.

and donald trump and that these dynamics and in and of themselves sort of create the basis for a been our system does order now we hear about narcissism a lot in relation to donald trump and i think it's important to stress that not. says it is not the moral flaw it's not a curse word it's the structural condition of the traumatized psyche only this wave can preserve itself and function and you know as i was preparing for this conversation it occurred to me that one of the reasons so many russians genuinely sympathize with donald trump is because. the 20th century left our collective psyche deeply traumatized and i understand why psychologically intact people like yourself with a react more strongly to the outrageous parts of personality but isn't it also his wound that part that at least to people like me is just the salient as he's ugly part isn't that also part of but he's appeal or he's archetype magnetism if you will well done trying to use caught. in the same narrative structure that i've described in in what i call the self care system with these 2 powers and the inside child i

30 when smh was down 3.5% in a two-hour clip to me tells me it was about new variance on the covid dynamic in europe and south america and europe, up state, and where we're getting more concern about this virus. because gwagain, the price acti, sure for a market over sold, welcome to a new year of reassessment and risk but not like what we saw today look, i frankly do think that the dynamics on the election front are very significant for the market and i'm not sure we've totally priced that in i think today may in fact as we saw some recovery, a lot had to do with the headlines we were getting on the virus. >> karen, welcome back, good to have you back, did you enter this market thinking i need to reevaluate rirveg -- risk you walk out every day net long. >> right no, i don't think i need to reevaluate risk. i think some of the things tim talked about, the market effected mostly by the vaccine when the market went up 100 and change to down 700 and change. i was perplexed as to why. we know the virus numbers are very bad and probably going to get worse as the christmas new year holiday numb

enough being persecuted by the system and in your latest as a you you suggest that we can see these dynamics and donald trump and that these dynamics and in and of themselves sort of create the basis for the narcissistic disorder now we hear about narcissism a lot in relation to donald trump and i think it's important to stress that narcissism is not the moral flaw it's not a curse word it's a structural condition of the traumatized psyche only these weight can preserve it south and function and in l. as i was preparing for this conversation it occurred to me. that's one of the reasons so many russians genuinely sympathize that donald trump is because. the 20th century left our collective psyche deeply traumatized and i understand why psychologically intact people like yourself with a react more strongly to the outrageous parts of trump personality but isn't it also he's one that part of that at least to people like me is just the salient as he is ugly part is and they're also part of but he's appeal or he is archetype or magnetism if you will well done trying to use cotton and urine in the

given the dynamics, think they are going to take a look -- given the dynamics, i think they are goingtake a look. the sec has only so much they can do. that is to ensure fair and efficient markets and also to ensure there's market integrity. if what is going on has been fueled, is being fueled by farce information, manipulation -- false information, manipulation, individuals touting the stock or being compensated and not being disclosed, etc., that may be the basis for the sec to take action. however, if this is simply a matter of social media, retail investors and others, bidding up the stock, buying it at $300 and sell it at $350, the sec is not in the business of curbing capitalism or second-guessing speculation, even though it may be reckless or extreme. so there is a limit to what the sec can do, but it's really -- they are going to have to find evidence of fraud and manipulation. emily: now, michael barrois, the asset manager who we heard roaring kitty call out there, initially took a 2.5 for so -- 2.5% or so stake in gamestop. he did tweet, since then it's been deleted, "if he

she is aggressive it's important to point out so when you describe as aggressive or assertive for dynamic so we break down all of those into 15 different adjectives and then i find her that we did at ko w somebody needs to write a day hamilton about maxine waters because she is as astounding a wordsmith. if you've never heard of her then congratulations. she can turn a phrase and she loves that so we will spend a couple of pages with the words people have put on her and then to talk about the words that she uses with the statement that she gave to me december 2016. and it is astounding. and breaking that down dramatically and discusses words like i am determined and i asked her are you angry about the administration and she said i'm not angry as much as i am determined so my words will never be as dynamic as her words will be will be as accurate as the words that she is talking about herself so breaking down her speech as text so these people are extraordinary and then she's on in c-span but that doesn't come out of nowhere and also a lyrical gift and i listened to her talk to get the tra

dynamics are constructive? daniel: certainly. is no question that the momentum and the trajectory is all very positive. if you look at earnings revisions over the last month, it is running three to one positive over negative earnings revisions in the u.s. that is all fantastic, but then there is the point where you say, what have you done for me lately? it is not going to stay there indefinitely. and a lot of it is the turnaround we have had over the last month or so, in terms of the election and so on. that momentum is there. what is going to be the growth rate and earnings expectations six months from now? and are the valuations today too lofty compared to what the growth rate is likely to be? tom: francine says to me every single morning, what have you done for me lately? every single morning. francine: actually, i always ask you what you can do for the team, tom. thank you so much, daniel morris , from bnp paribas. let's get to the bloomberg first word news in new york city with karina mitchell. karina: hospitals are not gett

this is a medium-long-term issue to discuss inflation dynamics. it's very complex and i don't think we will have the fed reacting because breakevens are about 200 basis points. annmarie: ok, martin. stay with me. we have more work to do, analyzing what the agenda is for 2021. marc malone is the chief economic advisor at alphabet, our guest host this morning. how could i forget? it is the world economic forum and it's going to look a little bit different this year. this week's so-called davos agenda will see world leaders meet virtually to discuss the crucial year to rebuild trust. bloomberg will bring you a piece of the action. the national institute of allergy and infectious diseases director, anthony fauci, the greek prime minister, philip's ceo, and the american heart association ceo, they speak at bloomberg news editor-in-chief roundtable with john micklethwait on the most effective responses to covid-19, the crisis at 5:00 p.m. london time, peter, mexico's economy minister, the w efm d, they discussed delivering social justice in the new econ

they've been our system dynamic which is such a hallmarks of our times can he do that. in a way that will not take the entire time that we have booked for this conversation sure the paper that you're focusing on today wrestling with or angels came out of my work with early trauma with hisham is now and what i discovered in their inner worlds so what i'm going to be talking about is mostly the forces the powers the personifications in the inner world of trauma now. what what became clear to me was that these patients were suffering terribly from experiences in their early life where they were sexually abused or physically abused or emotionally abused. and the feelings that they had when they were little were so powerful and so unbearable that they had to beasts dissociated we call dissociation one of the primitive defenses and that simply means split off from consciousness and buried in the unconscious in these parts of the south which are usually represented as a child an innocent child an orphan child or wounded child. in some way are usually protected by powers that a

he's coming to lead a dynamic political movement and that is what he will do. i suspect he will try to shake the republican party in his image more and more. that means likely recruiting primary challengers for any senators that would vote against him in impeachment trial. i know he'll be active on the campaign trail against people like liz cheney who you mentioned didn't really stand with us and stand and fight when nancy posey was engaged in impeachment by reflex. i think it would be a lot of politics, hopefully a little bit of golf and relaxation for the president, but i think he'll be on the campaign trail often because he likes it. >> as we've said here lisa, often, we just mustn't underestimate the scale of the intellectual change that he brought to the party. the consensus on issue after issue, trade, immigration, china, these are really serious and substantive change to macromedia highlighted how important it is to bring outsiders into politics as well and to hold some of these positions because we talked on your show numerous times about bringing a dif

is there any solace in -- in knowing or assuming that in 14 day days, dynamics may change? >> i always take solace in good-hearted people who are committed to doing right. that's what we saw from black women and brown organizers and marginalized organizers in georgia what gave this country a victory through their hard work and toil. that is what we have seen from organizers of color across this entire country, fighting an electoral system that was designed for our demise. i believe in people who stand up for what's right, i believe in people who stand up against what's wrong and i will always take solace in the fact that i truly believe not only does love conquer hate, but that the truth will actually conquer the travesty that we've seen in front of us. >> brittany, on a normal, quote unquote normal night, we would have asked you to come on just to talk about the democratic victory in georgia last night. what it means, what it entails, what it took, perhaps that is the next conversation for your next appearance on the broadcast. thank you to you both. this is exactly the co

the southwest, in particular, the texas rangers and more, they were often shootings, but a similar dynamic. >> absolutely. it is not something that is just in the distant past. we know that there was scandals at police departments, in the 1980s and in the 1990s, and as recently as 2014 it was discovered that there was police officers in florida that were part of that kkk chapter there. i think in 2015 an alabama officer was alleged to have been a member of the league of the south, another white supremacist group. we know in oklahoma a police chief was discovered to be one of the most influential white spremacists in the united states at the time. he owned a record label, a website, he was in a couple of documentaries about white supremacy. and just in 2019 two perspective home buyers were looking at a home that was owned by a michigan police officer, and they found a framed kkk application hanging in his house, allegedly. and so, you know, there is a problem of police officers that are in hate groups, but the problem is much bigger than that. we have officers who hold explicitly racist vie