you would want the zone around a star to be just right, the goldilocks zone. if you're looking for planets, you kind of want a planet in that zone if you're looking for life as we know it. while we didn't specify that as its own term, fraction of planet in the goldilocks zone, you can imagine that it has its own term. separately measured from just the fraction of stars in the planet around it. okay.nets, you so now we've got some fraction of total stars left that have planets that have planets that can sustain life in the goldilocks zone. now you want to ask how many do sustain life. is that half of those? is an attempt?ne ten we don't really know so not all these terms have equal competence in the numbers we insert. but you keep going. if it does have life, what fraction of those planets of the stars that have planets in the goldilocks zone that have life, fraction of those have intelligent life? so here we are packing away at that numberwe 300 billion. is it one in a hundred times one and a thousand times whatever these fractions are, we are hacking away at

the goldilocks zone. if you are looking for planets you want a planet in that zone print if you're looking for life as we know it. what we did that it in its own term fraction of planets, you can imagine that as its own term separately measured in just a fraction of stars with planets around. so now we have some fraction of the total stars left that have planets that have planets that can sustain life in the goldilocks him. so how many do sustain life, is it half, one tenth, we don't really know. so not all these terms have equal confidence in the numbers we insert. but you keep going, if it does have life what fraction of those planets and stars that have planets of the goldilocks zone that have life, what fraction of those have intelligent life? so here we are hacking away at the number 300 billion. is it one and 100 times one and the thousand times whatever these fractions are your hacking away at the number but it's a big big number. there's a lot of wiggle room to give you something left over at the

james corden: >> ummm benedict cumberbatch: >> goldilocks and the three bears? james corden: >> ummm benedict cumberbatch: >> story of the 2016 u.s presidential election james corden: >> yes that one that one)) ((brian loftus)) >> coming up on good day... we'll see how the great story ends according to the late late show./// ((you're watching the valley's news leader... with brian loftus, kirsten joyce, sherri swensk and demetria obilor. ? ? lookin' out on the morning rain ? ? i used to feel so uninspired ? ? and when i knew i had to face another day ? ? lord, it made me feel so tired ? ? before the day i met you, life was so unkind ? donald trump: she ate like a pig. does she have a fat ass? absolutely. boob job is terrible. she's a slob. lips are too big, solid 4. disgusting pig. flat-chested is very hard to be a 10. i moved on her like a b****. priorities usa action is responsible for the content ((brian loftus)) >>> there are so many teens sex trafficked in las vegas - there's d every week to review their cases and get those involved the help they need. ((ki

they are trying to strike this goldilocks balance.ing for investment from developers as well. betty: we have seen the hong kong raising stamps here. how much of a role do mainland buyers have here in the city? am: they may have had significant role. they have been piling in in the last few years. when hongy 2012 was kong struggled to put a cap on prices. as you say, raising the stamp to 15% with some watchers seeing volumes reducing by up to 70% and prices falling 5% or 8%, that is likely to put a damper on those flows from the mainland. isknow that hong kong incredibly unaffordable. the most unaffordable city when it comes to property prices. they are concerned about social stability. this is likely to be one measure by which beijing gauges the call --e attempts to curb these prices. shows ahis chart that ball up and shares from hong kong developers. properties are feeling the pain already. some developers have more pain ahead as well. betty: we were just talking to sean taylor. tom mackenzie, thank you for joining us live from aging

these guys have created a kick starter for a product called goldilocks. it has five different once it's folded together, it's compact, you can carry on your bicycle, but here's the thing, in this video it's showing the strength. you can't break it apart, or so they claim, and in this video they use a number of hammers. they have a saw going at it, and eventually they bring the freezing spray, bolt cutters here, that also can't cut through. >> all this really needs to do, if it's a harder lock to break, the bike next to it, you're starter campaign people love. >> i like this. >>> there are three stages to recovering from a bad haircut and this web star is going to show the full gamut of emotions. there you see she's got a triangle section of hair at the front. she's about to cut her bangs. >> well, there's your first problem. if you're going to complain about a bad yourself. >> when you let go, they go -- >> let's just see how it comes out first. >> well, i'm sure. >> that's not the problem. >> yeah, she cuts herself, then she sees her bangs. the first, ob

what are you, (bleep) goldilocks?sn't bad enough for the ladies, unlike a marntion bad news keeps on coming. >> oral cancer among men is on the rise, jumped from 61% between 2011 and 2015. >> researchers said the increase may be linked to hpv and the fact the younger men are more sexually active. >> younger men are more likely to perform oral sex under assumption it is saver than traditional intercourse. >> going down on a woman causes cancer? tits one thing we had! you guys are just getting the hang of it! and now they have an excuse to stop?! >> trevor: michele, look, this is unfortunate news but at the end of the day, that study -- >> oh, now you want to finish a study? >> trevor: no, michele, the scientist said going down on a woman could cause oral cancer and cancer is no joke. >> don't bull (bleep) me! they say everything causes cranser. they say cell phones cause cancer and you still put your face all over that. they say red meat causes cancer, no problem eating that. but maybe vagina's cause carnes and now you

we had a lift following the goldilocks jobs report. we are down 3% over that time. clinton lost in polls during the same time. coincidence or not? this is bloomberg. ♪ emily changlmer -- sits down with steve ballmer. theiscusses his move as owner of the los angeles coopers. >> it is interesting to hear you electionstic given the we are in right now. you typically vote republican. steve: i never said that. i'm a definite independent. i am not registered with either party. i care about issues deeply. i am willing to vote for anybody who shares my interest. emily: what do you think a hillary clinton presidency will mean for innovation, jobs, the economy? daye: at the end of the neither one of the plans have much to do with job creation, frankly. convincedtle less that federal government action or local government action has anything to do with job creation. job creation comes out of productivity gains which comes out of innovation. emily: do you think this election has become too much about not the issues, not enough about what is important? steve: this election has be

what's the goldilocks number in terms of what the fed is looking for?nk goldilocks for the fed is actually even lower than the consensus. i would say in the vicinity of 150,000 would be good enough for the fed to feel confident that the economy is improving relative to the first half of the year and that we're on solid footing heading into next year. if we're north of 200,000, going back to goldilocks, that might be a little bit too hot, and you'll see the pressure start to mount that potentially the fed is going to have to go faster than just the two rate hikes they're signaling for next year. that being said, if we break down the voters, there's a strong, dovish inclination next year. hurdle to get to three hikes versus two is high. david: it's also the wages, when you talk about too hot, we're looking at a 2.% annual increase in wages. what would cause them real concern about inflation? carl: 2.6 is essentially the top end of the range. if we're breaking above that range, if we're heading towards 3% or more, which i don't think we get there today, bu

going for this goldilocks balance.g forward, we will look how these reductions feet into price drops and what it might mean for developers investing in properties. mild pickup and that, so those are things we are watching going forward, but sales boy aims a positive picture for policymakers here so far. haidi: we have also seen hong kong influencing property there. thesech of a role have buyers had in pushing up prices? it is one reason why since 2012 that the authorities have struggled to put a cap on prices in hong kong. you have seen a flow of money from the mainland as mainland buyers hedge against a weaker yuan. the decision to raise stamp duty to 15% is very much likely to put a damper on that flow of money. that the items in hong kong could fall by as much as 70% with prices falling anywhere between 5% and 8%. this will be a key test as beijing reports back. they will be watching to see if they can strike this balance. they are worried about social instability in hong kong. developers as david has mentioned will

john: i have this feeling that david petraeus is the goldilocks candidate here. think trump wants to reward giuliani, but does not want to spark that degree of criticism. i think the romney thing, i think he is toying with romney, playing peekaboo with a baby. but i think petraeus is someone he has respected and admired for a long time. he has spoken of him fondly for a long time. i think that could be the direction we are headed. mark: david petraeus is about a -- a brilliant guy and a charmer. i think the vetting issues is something that he wants to avoid. mr. believe the senate controlled by the republicans too manyharshly vet people but petraeus will end up with the short stick, and i'm sure he would love the job because of the vetting issue. i still think kelly or romney are the two best choices. i try to reach a lot of people to talk about it, no one wanted to talk about where this stands and everybody says the same thing. this is donald trump's pick. he has more relations, but trump corker is an interesting pick. he has more relations, but trump as it is m

it's being dubbed of goldilocks economy. the holiday shopping season is upon us.ction houses east. they have been doing that, looking to boost disney's by bringing business to this part of the world. we will ask the chief executive how he's hoping to attract more buyers in this part of the world. that interview is coming up in about a half hour. don't miss it. ♪ ♪ it is almost 10:00 a.m. in singapore, and 9:00 in new york city. fromrishaad salamat bloomberg asia's markets headquarters in hong kong. this is "bloomberg markets: asia." ♪ rishaad: the strong dollar putting pressure on the yuan weakening defects for a third day, but signs of stability, growth may have picked up slightly this month. the boj,ves for inflation a distant dream with that 2% target out of reach. uncertainty over donald trump's policies pushing gold to the lowest since february, silver also in a bear market. across to the session the asia-pacific, no lead out of wall street because of thanksgiving. here's a look at what's going on right now. juliette: it's looking like we will round out a vol

the rest of the day is the goldilocks forecast. not too hot, not too cool every cold, it's just right. 70s for highs. >> love it. >> and we fall back. >> and we fall back this weekend. you get a bonus hour of sleep. does it get any better? win the lottery. there you go. >> nobody has it better than us. >> nobody! >>> samsung pulled its galaxy note 7 over explosive batteries. now a new lawsuit claims the company's other phone models are also ticking time bombs. the demand for even more recalls. >> and a helping hand for fish with an added feature. how you can be eye to eye with salmon underneath a bay area river. ,,,, they prey on our children, spending billions. addicting 17,000 california kids each year. eventually killing one-third of them. now tobacco companies are spending millions to... defeat prop 56. because in every state that's raised tobacco taxes, smoking rates go down. so who are you going to trust? pediatricians, cancer groups and the califronia pta who all... support prop 56. or the tobacco companies trying to kill it

it's like goldilocks and the three bears. we'd be better off stacking phone books, i always said, and putting a towel over it to get the right height for our neck. then they came out with the memory foam. remember this one? oh, yeah. when this came out, we all-- , "this is a great idea! it's going to match my neck perfect." and i got it and i'm going, "well, like we said before, we all have different size shoes, we all have different size shirts, our necks are different. how dare the pillow industry tell us that this was going to work for all of us?" i'm going to take this for becca, and i'm going to push this down to get to her comfort level. right there? good, mm-hmm. she's good. now if you sit up, becca. right there, this would be too low for me, it might be too high for you, this is becca's exact height, would be too low. what if you were able to get a device that you could adjust it and get exactly what you need for an individual? it would be amazing. yeah, it would. guess what? here it is! whoa. it's my pillow. when i i

>> i have this feeling that david petraeus is the goldilocks candidate here. i think trump does not -- he wants to reward giuliani, but does not do anything that would spark that degree of criticism. i think the romney thinking, it's like toying with romney, like playing peekaboo with a baby. but petraeus, i think that could be the direction that we're headed. >> david petraeus is a brilliant guy and a charmer. i think the vetting issues is something they want to avoid. i still believe that the senate controlled by the republicans are not going to harshly vet too many people. but i think that petraeus may end up with the short stick, simply because -- and he'd love the job, i'm sure, simply because of vetting issues. i still think kelly or romney are the two most likely. that's just my gut. i tried to reach a lot of people this afternoon to talk about. no one wanted to talk about where this stands. everyone says the same thing, this is trump's pick. i do believe giuliani won't get it. corker is an interesting pick. he's got warm relations with a lot of people

set up the goldilocks scenario. the dollar comes down even though the fed raises rates, hillary gets elected, the senate falls but the house stays the same. >> i think the global factors are the most important there, joe. the dollar with a fed that's hiking but doing so in a measured and slow fashion can weaken and most important indicators we're seeing are re-engagements of global growth. that could allow the dollar to weaken. could buoy knot prices. and give the fed a nice path of gradual hikes starting in december. >> so, all right. if that happens, rich, your get out of dividend yields now. go into cyclical stocks? what do you suspect on friday. will it show we're adding a lot of jobs and gdp is at -- people are saying wow it's 3%. we're rip roaring. >> we're expecting consensus of 165,000 jobs, joe, with unemployment just under 5%. i think that sets the fed up to be able to raise quarter of a point in december. more importantly, though, if we look at earnings since september 30th, with 2017 earnings have come d

do expect opec to achieve its oil price between that goldilocks own of $50 and $60 a barrel?lying on an agreement. russia, given their large but deficit and reliance on income, so we think there may be an agreement. we have been seeing an improvement in the supply-demand balance, continuing to improve on the demand side and a reduction of supply. that dynamic will basically be in balance during the first quarter of next year. on that basis, we are looking for a higher oil price. there is no doubt that the price given u.s. shale producers, so we are watching closely. onrall, we remain positive fundamentals, and the icing on the cake would be a production cut or cap. ishow much of a threat higher oil prices for opec and that there are surviving upstart companies out there that made try to squeeze out of the market by lowering prices? >> we have seen right through this year, high-cost producers taken off the grid in terms of production. that is where of the supply side has started to improve. it's more around what the long-term prospect is. we are clearly not talking about $100

. >> i think you need goldilocks on that. we've been saying good news is good, bad news is good. i think what changed now is good news might be good for the parkts. especially with the fed or yield that blow ofd. i can't imagine that a tender out for multiples to expand. >> one thing that caught my attention, you liked utilities over, say, community staples if you're looking for a defensive play. even if rates continue higher, which seems to be inevitable now? >> if you say i'm underweight staples, i'm underweight utes, i'm underweight reeds. one of the things you do with a portfolio is risk management. and i don't mean the amount of risk you can take without getting fired, i mean trying to figure out how to balance rates desire and utilities in the portfolio. i like having utilities more than i like having staples because they don't have exposure to strong dollar, and per unit of availability, per unit of stocks volatility, they're cheaper. they're expensive and absolute terms and clearly you're going to perform with rates back up. but i think they're a better value for the stab

a situation, which is being dubbed the goldilocks economy. go, let's take a look at the markets trading in the asian pacific. 5, the leader on the board. we had the longest ratstreak since 2011. gainingdollar-yen is and continuing. the dollar will be weighing on em currencies throughout the morning. let's take a look at singapore. we see that futures are pretty flat right now. we will have plenty more still to come on bloomberg markets: asia. the singapore open is only minutes away. we are focusing on the dollar with the pboc fixed rate plunging for the eighth year in a row. this is bloomberg. ♪ yousef: it's 8 p.m. in new york city. this is bloomberg markets asia. asia-pacific stocks extend their first week of gain since mid-october. japan rising for 11 straight day, but there are no positives for the bank of japan. inflation remains a distant dream with a distant dream with the 2% target far out of reach.

to me this would be surprising given a goldilocks economy, obama approval rating if people seem to make turn towards upending the political order fwlmpt a order. >> what about the point about the work force? >> i think under the trump scenario he would like to take a labor force participation rate back to where it was like in the 1970s. we have a very different economy. we have an aging economy. we have people in school. i think you can not just look at labor force participation rate. what was it before the recession and say the real employment rate is 15%, 20%. i think the real unemployment rate is about where it actually is. >> what about you? how is the economy doing? >> these numbers are okay. jobs are slowing. a year ago about 250,000 per month and come down to about 175,000 if you average things out. wages are doing better which is a good thing. on the other hand the problem with the economy in my view has always been the business side which is why i think business tax cuts are so important here and trump has a good tax cut plan there. productivity is flat. that is a bad omen for

equities, violations -- assuming a even continued goldilocks situation where rates don't rise much further economy does well, there is not a lot of quick upside movement in equities. there is quite a bit of downside risk in the order of 5% or 10%, so as you say, in the absence of any news, and that is likely to be the case for the next few months, we may see things pullback if we get any sort of fright at all. rishaad: the federal reserve is almost out of the equation, nearly 98% probability we will get this move in december, so what is the next wall of worry of course? >> well, you know, has usual there are several things. rates come upt and not for the fed, just bond selloffbond rate, the continues, and if what i said turns out to be wrong in the u.s. dollar rally continues, then we really are getting into a situation where we wire -- we will have a damaging effect on the u.s. economy and inflation a matter what the fed does, so that is one risk for other markets like equities. mind asemains always on a list of risk, the italian referendum, taking a backseat recently, but that is one of

i think there is a sense that maybe it's that goldilocks scenario where she wins, but she doesn't sweepgridlock that would probably be the best case scenario. vonnie: it's like fear was building up until the jobs mixture of others a good and bad data points. it looks like there was a narrowing of the margins. now, maybe the market is thinking the outcome is obvious. the fbi announcement is a big thing, but those poll numbers were starting to converge during the end of the week. it site trump have the momentum, the worry would be that he would get a little bit ahead in the polls over the weekend. we didn't see that. they sort of stabilized with hillary up to two points and in addition to the fbi, clearly, the fbi coming out and saying something more about those anthony weiner e-mails i think was the main risk that everyone was worried about. that takes that big risk off the table. vonnie: the other factors --david: the other factors here at play, the correlation between the mexican peso in the u.s. dollar, have we seen a correlation between stocks and polling throughout the election? tig

we have a goldilocks forecast. temperatures just about right for everybody. a lot of 70s here. if you need frame, there is a chance for that on friday. here's a live look at the bay bridge. a little bit of a auglaise and potentially some fog. temperatures with scattered clouds have been supported. mid- to upper- 40s on the board. upper 50s in the north bay. lower 50s there. scattered clouds this morning. these models show a clearing up phase into the afternoon and evening. even into the overnight we will probably see more fog tomorrow morning. let's go ahead with the four zone forecast. lower 70s to middle 70s. fremont around 74. lots of 70s inland. down in the south bay, 73 for mountain view. morning, scattered clouds with variable clouds later. 75 and san jose. san francisco coming in at 67. the mission district scratching near 70. presidio at 66. owned the coast and the peninsula, upper 60s with lower 70s covering most of the bay shore line. san mateo, 72. in the north bay, stinson beach at 75 with lower 70s elsewhere. napa coming in at 74. vacaville around 70. lots of 70s l

. >> it's a bit of a goldilocks thing. how quickly they would have to move start to change. reaction we've had in the 10-year. i think a bit of a steeper yield curve is going to be such a good thing for bank stocks and really would be good for the broad ever market. >> this is important because the market seems to be changing its expectations. there was a period of time not that very long ago that the only thing that would satisfy the market was 200,000. and the economists were saying no, no, you don't get that. the 200,000 is over what the economy should be producing. it's not commensurate with the growth we have or the workforce. now we're down in this 150,000 to 175,000 range. i guess the three-month average is in that zone. what you're pointing out to me represents a change in represenn the way the market is orienting itself towards the numbers. >> i think it's also the market recognizing that significantly faster job growth which changes the fed's decision in policy path would have impact on the dollar and those were all headwinds to earnings. we have to be in a slow an