you know what i mean? lisa: i understand that. heather: right. [ both laugh ] he's gonna hate us. ♪♪ lisa: how are you? heather: good. welcome, welcome. lemonis: my goal behind this whole business is to really figure out how to get this product out to the masses. i want to understand what the product costs are, what the packaging could be, and how we're actually gonna manufacture them. she's the golden asset in this whole thing. and i want to make sure that we're tapping into those resources and talents she has and transfer them into a product that a consumer can buy. can you line up all the things you make? you said, "we make this. we make a clip leash. we make..." so this is...? heather: that's a six foot. lemonis: six foot what? heather: transitional leash. lemonis: you mean a transitional tool? heather: yes. transitional tool. lemonis: that's a leash. heather: yes. lemonis: this is a tool. heather: absolutely. lemonis: okay. next. alex: this is the little of that blue one. lemonis: okay, so this is all you make. heather: um... lemonis: who the hell are you? like what is this?

i mean, you got kevin betraying lisa. sabrina betraying lisa. ion of "dateline" i'm natalie morales. thank you for watching. not for long, i think my wife is having a stroke. an hour later she's back at the hospital she just left. she had this blank stare and her eyes. three days later, she was that.

. >> lisa: as pete said, i am lisa boothe in front or anger menaces a special edition of "the ingraham angle." tonight is the return from the worst from the media and we give you the real truth about 2021, not with the democrats want you to believe. victor davis hanson is here on that, you're not going to want to miss it. we also have a special appearance by laura, stay tuned for that as well. but first, it's truly been a long year of constantly changing restrictions, new mandates and of course hypocrisy from democrat leaders. >> president biden: if you've been fully vaccinated, you know longer need to wear a mask. >> it is important for everyone, regardless of vaccination status to wear a mask. >> we are implementing the strongest vaccine mandate in the country. >> i'm leaving my mask down while i'm enjoying my food. i'm not putting it on and taking it off, putting it on. the fact that this is even a story is sad. >> lisa: let's not forget the year of deception after we were promised this promised this. >> president biden: i'm not going to shutdown the economy. i'm not going to shutdo

i ran back inside and said lisa, lisa, are you okay? >> during the interview, seth sometimes seemed overcome by emotion. [ bleep] >> why can't they still be alive? why? why? why couldn't i have done something to protect the woman that i love? >> the agent asks seth what he thought happened. >> that's the only thing. that'g >> seth then bolstered the cop's leading theory of the crime so far. that the neighbor, brian tate, had shot lisa. >> who was the first person that came to your mind? >> tate. crasisy -- crazy neighbor who thinks we're terrorists. >> talked about the deer hide and thought tate threw it over the fence so he responded in kind. escalated for several weeks in which tate said dog feces and rocks were thrown on his property. for that brought deputy caldwell out to the house for the official vandalism complaint. >> he says tate was rubbing a shotgun. >> seth says he knew the 10er of the visit because todd filled him in later. and his father, todd, gave him a strong warning. >> if you're doing anything to his yard, knock it o

i would get the tube. caroline would run. lisa: i did the same thing. i run home. jonathan: we tried to get you to come for breakfast and you wanted nothing to do with it. lisa: i had to pick up the kids. jonathan: of course you did. lisa never wants to hang out. it's the truth. you get invited all the time and you always say no. from new york, this is bloomberg. this is bloomberg. ♪ >> two studies are out showing mixed results about pfizer's experimental covid pill. it was highly effective at keeping patients out of the hospital, but didn't do as good of a job of mild symptoms associated with breakthrough symptoms. it will likely be used for covid patients at risk of developing severe disease. in the u.k. they will use soccer stadiums and racecourses 400 more -- hundreds of more vaccination sites. the new omicron variant counts for 20% of confirmed cases in england. the estimated number of daily infections climbed to 200,000. toyota makin it clear they are making it serious about making electric vehicles. targeted selling 3.5 million vehicles annually by the end of

i don't insult you guys with what you wear. what's wrong with the sweatshirt? lisa: i look like a hobo when i come out of here. jonathan: futures unchanged on the s&p. your bond market unchanged. a bit of tension in the room going into a fed decision later. tom: tension for the building as well. there is a tension in this dynamic of taper and rate rise as well. we have to remember our wide set of experts really disagree. jonathan: we will catch up with an annuity market view. equity market is still pretty close to all-time highs. lisa: which is shocking considering the idea of a hawkish surprise. is it an equity market that's accepting the risk in looking past earnings or is it not waking up to the reality of the paradigm of the federal reserve. u.s. november retail sales as well as empire manufacturing data. interesting to me the retail sales not parse out what's organic increase sales versus inflation. it does not strip out the 6.8% increase that we've seen year-over-year. how did that factor in. trying to figure out whether consumers are losing some momentum with

i will do the app and you do the markets. jon: futures down 15. down .3%. lisa: you think i actually would? [laughter] jon: happy birthday, tk. bond market, yields, in 150 ontarians -- on tens. 1.1318. lisa: the drama coming out of the u.k. and we see the pound to the lowest versus the dollar going back a year based on restrictions yesterday. very much dominating the news flow this morning as well. today, 8:30 a.m., we get our jobless claims. today, i'm curious to see the follow-through after yesterday's job opening survey. the second highest read ever of job openings, hitting records going back decades. 11 million job openings out there. this was unexpected. it was expected to take up a little bit but this was such a big jump. why is the market so tight? why are we experiencing this still? is that reflected another -- reflected in another all-time jobless claims. president biden will be speaking with the ukrainian president and nato allies in the eastern region of europe, interesting to hear of anything comes out in terms of conversations with vladimir putin ha

lisa: i remember. michael: if you remember you are not there. lisa: i am 85.athan: we are down 17 on the s&p. tom definitely does not remember at. if you have to go back to the 1960's, this is not population adjusted, is it? for the current population 184,000 is incredible. michael: this is crazy. as far as i know we worked all last week. lisa: when we had those numbers that came in at a post-1969 low earlier this year, people said this must be some sort of holiday does the. then the adjusted -- holiday discrepancy, than the adjusted data came in and it was lower. the jolt data shows the number of job openings increase the second-most ever, more than 11 million. michael: obviously this is a holiday season when it is hard to seasonally adjust. last week was hanukkah, maybe that had something to do with it. lisa: they did not have anything to do with it. -- it did not have anything to do with it. carry-on. michael: it is the delayed version of what we have been waiting for, a lot of people going back into the labor force. this is the week just before the payroll

i will go philosophical. something asked, do we rehearse the questions? we do not. lisa will mention options. is understood, but other than that, i have no clue. we are thrilled our guest is with us. terri, i have a philosophical question. i do not want it to be political. in general, what is the new corruption of money in washington? i noticed one story of somebody raising $14 million for one cause or i have a congressman from california going over with a former president. what is the character of the corruption of money in your modern washington? >> what it is, is that there has not been any revision to finance laws and almost 50 years. you end up with a torrent of water going through the cracks. what you get is arm's-length transactions that certainly comply with the letter of the law but are questionable in spirit. there are all kinds of stuff and it is not partisan. people investing in things to people involved in a variety of different business transactions -- it is very indirect, but it does not keep the character of the country of representatives in good repute. tom: can do that with

lisa: i cannot. we are talking about the potential of runaway inflation and looking at sub 1.5% 10 year yield. you have people saying we are at risk of runaway inflation, larry summers. how do you make sense of that? 8:30 a.m., we get ppi data. the expectation is for it to continue to surge. how much does this continue? how much does this get worse? the expectation is to hit the highest level in decades. does this matter to the fed, considering the fact that the labor market disruptions, as well as supply chain disruptions were previously thought to be ending? hunter mayorkas is speaking at the bloomberg tech summit. curious to see how he talks about cybersecurity in light of china. we heard some strong words from tony blinken from southeast asia. how much does he build on that? at night :00 p.m., this is going to be important, china is planning to release a slew of economic data. the large expectation in the markets is that the chinese government will be forced to ease further. you see that bond dea

lisa: we all want the year to be done. i wasn't arguing for a prolonging but suggesting weird things can happen. jonathon: take away the liquidity. lisa: i'm not saying i don't want the year to be over. jonathon: lisa abramowicz, caroline hyde, tom keene act with us next week. equities all-time high up 16 on the s&p, advancing .3%. this is bloomberg. ♪ leigh-ann: i'm leigh-ann gerrans with bloomberg's "first word news." boris johnson saying the country faces a tidal wave. the prime minister set a deadline for the end of the year for the countries booster vaccination program. the number of new omicron cases almost doubled on sunday from a day earlier. a new study says that to doses of the pfizer vaccine reduces antibodies to omicron. they say it increases the risk of covid infections. another finding emphasizes the need for booster shots. in kentucky the death toll from friday's tornado may be less than feared. at least 50 people believed to have been killed. more than 1000 homes destroyed and 14 people and others in the midw

lisa: i do wonder what they agreed upon ahead of that opec meeting. nathan: have they agreed on anything? lisa: they have been changing their message, have they not? are they going to stay the course, even though there are these risks? jonathan: mike collins is going to join shortly, of pgim. from new york city, this is bloomberg. ♪ it's another day. and anything could happen. it could be the day you welcome 1,200 guests and all their devices. or it could be the day there's a cyberthreat. only comcast business' secure network solutions give you the power of sd-wan and advanced security integrated on our activecore platform so you can control your network from anywhere, anytime. it's network management redefined. every day in business is a big day. we'll keep you ready for what's next. comcast business powering possibilities. jonathan: lisa complaining in the commercial break that she's not as gloomy as we suggest she has. [laughter] lisa: no, there is nuance. jonathan: from new york city this morning, good morning. your equity market up 0.2%. the nasda

alongside lisa abramowicz, i am jonathan ferro, together with kailey leinz. could we get the hottest print since the early 1980's? lisa: i was looking at the 1980's, not only ronald reagan's term but where the 10 year yield was. it was 13.7%. jonathan: 10's at 1.51. lisa: not only were they not at zero, they were above where the 10 year was. he was a deeply inverted yield curve, highlighting some of the precarious neighbor -- nature of the fed's conversation as a deal with the cpi price. jonathan: the number 6.8%, your meeting estimate. kailey: it will come in hot quÉbec to be fair, we are likely knew it would come in hot pit i was talking to michael mccabe -- it will come in hot. to be fair, we likely knew it would come in hot. i was talking to michael mckee -- jonathan: how do we respond to downside surprise? if we get one? lisa: great question. do people pushback or say that the fed will stay the course, because right now, even if you get a downside surprise, you are getting higher prices at the grocery store, at the gas station, wherever you go, affecting

john, you and i got in and lisa was already talking about jetblue. start on that core door -- on that, it is like they are ryanair of american airlines. i think it exists to a certain degree. it has been absolutely fantastic. tom: there was a great interest in united airlines. we are united in the value. he was truly in the trenches and this pandemic. the lift in the market, two days in a row -- it is one single news article that says omicron tilts towards being a cold. what say you about the present research on omicron? >> it would be great if it tilted towards being a cold, but i do not include can say that with certainty. -- i do not think we can say that with certainty. there are not as many people needing icu beds or needing oxygen. a lot of people are getting picked up in the hospital for other reasons. we need more data to say that with certainty, and we need to see what happens when we extrapolate south africa's experience with other countries like the u.s. this will be a good thing. it is interesting because it appears to be converging on thi

lisa, we have talked so much about the federal reserve. can iour thoughts on the rest of them? lisa: double markets will continue to go slow. that is one of the issues that may be underappreciated, the extent to which u.s. dollar strength in the short-term is going to continue to assert itself. that, in and of itself, will be a deflationary force given the role in consumer imports of currency prices. that strong dollar will really help bring that cpi under control. this relative dispersion in central bank policies is at the root of that. jonathan: do you think that can make a difference next year? dollar index just short of 96. jim: i agree with lisa. the trend will continue to be higher. that goes more into the strength and stability of the u.s. growth profile. i think that will continue to lead into both the perception of the direction of travel for policy at the fed, as well as providing support on the dollar side. i don't think it makes that big of a difference if it stays stable in that direction with regard to the underlying asset prices r

lisa: the sarcasm in your voices. jonathan: i mean it. lisa: i don't know that i am right.han: let me clarify that. up 26 on the s&p, 6/10 of 1%. from new york, this is bloomberg. ritika: the opec-plus alliance meets today to decide whether to go ahead with increases in oil production. prices have dropped 20% since late october. opec-plus is forecasting there will be a surplus of oil in the first quarter. the u.k. has ordered 140 more million doses of the coronavirus vaccine. it is a big win for moderna. more than three times the total of the contract with the u.k. in the u.s., restrictions from travel because of the omicron variant will be temporary. health officials identify the first u.s. case of the variant. it will give authorities some time to prepare. democrats could have a powerful campaign tool for 2022 if the supreme court rolls back abortion rights. that could be a major shift wednesday -- it could further voters from turning out while taking votes away from republicans. powered by more than 25 hundred journalists and analysts in 120 countries, i'm ritika gupta,

lisa, what an extraordinary day. i know where to begin other than we've been fixated on a two year yield. lisa: the idea you have such polarized views on what the long-term trajectory is oven patient and of benchmark rates. it is of -- is of inflation and benchmark rates. tom: not as buoyant as two hours ago. nevertheless to lift led by the small caps. russell 2000 having a better day on a comparative basis to the dow. the vix now in 10 full figures from the gloom of seven days ago. lisa: it cannot be gloomy because it will be a birthday. we will all be celebrated, including the dow. the dow will have a special celebration. tom: i'd was thinking was going to be quiet and then ferro. he is sitting in the surveillance timeout chair. lisa: for celebrating? tom: a wake schedule for this evening. "balance of power" a timely interview with the gentleman from pfizer. this is bloomberg. ♪ hey, angie! you forgot your phone! hey lou! angie forget her phone again? yep. lou! mom said she could save up to $400 on her wireless bill

i will go out of business if i do not give my customers the best of what i am. lisa sure that is a harder sell, go for capitalism, but i wonder, just to go into the realm of treating and how you position in a tenuous period, given that you fill over optimistic about productivity but concerned about the fed and how it all shakes out. have we already priced in the technology, productivity gains you are expecting, but do you think that will fuel further gains in the headline indexes next year? edward: i think the best is yet to come in terms of prosperity, in terms of standard of living. i think technology is going to solve a lot of our problems. but, yeah, we are not going to get the double-digit increases in the stock market anytime soon. earnings peaked in the second quarter. and that does not mean they will go down, they will just grow at a slower pace. i predict we will go to 400 by year end, then something like 5200 by the end of next year, 5500 by the end of 2013. those are single digits consistent with a increases of earnings. jonathan: looking forward to readin

lisa: i am feeling very humble. jonathan: it took 60 minutes. sa: we have no clue what the effect of monetary policy is on the market, especially if you put into effect that we will get not quantitative easing, but quantitative tightening. will we get balance effects on markets that have not really experienced that for two years. jonathan: isn't the change that chair powell basically said the same thing? here's my baseline. i am not sure about it anymore. here's the balance of risks. we are all over the place. lisa: that is why i think bill dudley is right. watch for where rates will be in 2023, 2024. that gives a sense of where the balance of risks are in terms of whether they have to hike more, or whether they can contain inflation with 1.5% of a base rate. jonathan: your cpi rate comes tomorrow morning. we will build up towards that, 24 hours away. in the equity market, we are down 15. a pullback from a three-day winning streak on the s&p 500. yields pullback by just a couple of basis points on tens, down one on twos. some dollar strength out

tom: i cannot say enough about the one-year year call, to your call, three your call. jonathan: welcome back. thank you for coming. lisa: [laughter] tom: i have more time off? jonathan: i have more time off. and then you are off afterward. i might not come back. from new york, this is bloomberg. ♪ ritika: i am ritika gupta. its highest level in more than a decade. consumer prices rose 5.1% in the last year. driven by gasoline and new cars. it might persuade the bank of england to raise rates. boris johnson had to rely on opposition votes to pass a key measure to stop the spread of the omicron variant. almost 100 members -- mandate. the u.s. house as voted to raise the nation's debt ceiling by $2 trillion. it averts a potential default. the senate passed a measure earlier and goes to president biden for his signature. the biden administration is considering whether to put sanctions on china's largest ship maker. the u.s. will reportedly place eight more chinese companies on the military-industrial complex blacklist. one of them is a drone maker. another chinese developer is scrambling to avoid a payment failure. asking

: i will give you a good translation. tom: cliff notes. lisathis is bloomberg. ♪ ritika: i comments are expecting another strong u.s. jobs report according to a bloomberg survey, employers added 550,000 workers in november and the unemployment rate fell to 4.5 percent. one of the questions to be answered, when will people who lost jobs from the pandemic will start looking for work. the opec group started to look at increasing production. it also said that it could revisit the decision at any moment due to high levels of uncertainty in the market. dozens of hospitals in new york are nearing capacity as the state reported the most new coronavirus cases since january. more than 11,000 cases were reported in five cases of the omicron variant have been found and 56 hospitals in new york had a bed capacity of 10% or less. officials will be allowed to limit not -- non-essential hospital procedures. the federal trade commission says that nvidia proposed $40 billion purchase of the company -- of a british can -- a british company is a threat. the prospe

jonathan: i haven't seen the story. lisa: a lot of people think that the idea that there is a certain easing in the supply chain disruptions is a facade that can easily be disrupted by a number of these. jonathan: the biggest week of gains of the year so far, going back to february, on the s&p. a record high on the s&p 500. yields in a couple basis points on tends right now. crude negative about 0.7%, just $71 19 since. joining us is whaley -- is wei li, global chief economist at black rock. what is your view on that? wei: what we have seen so far this year is that there is this greater private towards social objectives then common prosperity, and there was regulatory clampdown earlier in the year come about what we have also seen is this deteriorating from quarter to quarter from about 70% in q1 to q4 looking even worse in terms of the growth levels. as a result of the deteriorating growth trajectory, we have been of the view that support will have to head into a significant year that is 2020 two, characterized by the winte

i didn't. it was a football to play outside with. lisa: i hear you.athan: this is bloomberg. ♪ jonathan: from new york city for our audience worldwide on tv and radio this is bloomberg surveillance. we are down five on the s&p, -.1% on the nasdaq, -.4%, inching down from all-time highs. goldman and credit suisse have done wonderful work on the last four rate hiking cycles. the end of the 90's, 2004, 2015. the performance leading up to the first hike and the performance the three years after. 12 months leading up to it are positive 9.5%, three years after, positive. as long as the yield curve doesn't do this. we can talk about the bond market, the distance between the two. the yield curve looks like this. 78 basis points. the point is that as long as this stock is flattening and doesn't invert it is good to go, a green light for equity bowls. he is constructive on the s&p. lisa: the economic story the fed would be hiking rates into strength not weakness. as long as the bond market reflects that that they are moving appropriately into the strength of th

i know everything. jonathan: you agree on something. lisa: we agree. tom: can i point out, brent schutte just crushed it. i just shut up. i am starting my taxes this morning. i just want to point out that the score today is lisa 2, jon 1. jonathan: how did i get one? i thought it was negative five, using my leg what against me. tom: going down in flames. jonathan: what this segment. tom: jon, you nailed that. jonathan: up 22 on the s&p. up 0.5 percent. heard on radio, seen on tv, this is bloomberg. ♪ ritika: with the first word news, i'm ritika gupta. apple has a problem it was not expect and with the iphone 13. apple has told suppliers that demand has weakened for its newest phone. five months ago, president biden declared the u.s. emerging from the coronavirus. now the virus is threatening to resurge across the region. today he will lay out measures that include stricter testing from abroad and a continued mask mandate. antony blinken met with his russian counterpart sergei lavrov today in stockholm. the kremlin says it sees growing risk that ukraine

lisa: i loved her argument. you can disagree with it, but it holds some sense about why will we see a legal curve flattening at people thought it was the right thing for the federal reserve to start hiking rates sooner, and why do we have that terminal rate at such a low pace? she is busy making the argument the fed is indulging that it will hold off longer. tom: to both of you, is the basic i hear -- the basic idea here that ms. misra is still transitory? jonathan: i think she thinks they do not need to go anytime soon, which would imply that. i wish you had asked her that when she was here so she can answer for herself. lisa: but why use the t word? jonathan: it is unhelpful. lisa: at this point, it clouds the issue. if you see some of the inflationary pressures subsiding, does that change the outlook for fed policy? that is probably a more accurate way of putting it. jonathan: this news, this is why i was distracted, an italian man who wanted a coronavirus vaccine certificate without actually having the jab t

i guess i butchered the chipotle. lisa: you're just making it worse. ver, i am doing dual lingo -- doing duolingo. stay with us. this is bloomberg. ♪ leigh-ann: with the first word news, i'm leigh-ann gerrans. chinese spies have been accused of using away technology in a secret telecom -- using huawei technology in a secret telecom hack. australian officials say it begun with a software update from huawei loaded with malicious code. u.s. authorities have warned for years that huawei product posed a security risk for any country that uses them. some positive news from south africa on the omicron variant. authorities are reporting a much lower rate of hospital admissions. still, the number of cases remain high compared with previous waves of the coronavirus. south africa announced a discovery of the omicron variant on the 25th of november. the u.s. economy is on track for a strong finish to 2021 and a solid start to 2020 two. that is according to bloomberg's latest survey of economists. they say the economy will expand annualized 6% in the first quarter b

lisa: i don't think they will.needs to get out and demand a better predictor, always wise words, thank you for joining me and happy new year. of next, time for me to admit this. a man is the reason i left new york city for florida. i reveal who it is next. (swords clashing) -had enough? -no... arthritis. here. aspercreme arthritis. full prescription-strength? reduces inflammation? thank the gods. don't thank them too soon. kick pain in the aspercreme. >> lisa: shortly after the ball drops in times square tomorrow, eric adams will be sworn in lisa: after the ball drops tomorrow eric adams will be sworn as mayor so tonight as we end 2020 what i want to say goodbye to one man you can blame for making me leave new york city. >> think of this when you think of vaccination. lisa: now that you have seen that we can all agree 2022 will start on a high note and i made the right decision. i'm lisa booth in for laura ingraham, check out my podcast the truth with lisa booth, watch fox's all-american new year featuring will cai

i don't get ever feels easy. tom: never easy. lisa: i am telling you, my outlook is going to come out next year, at the end of the year. bullish on the economy is different than bullish on markets. jonathan: futures up 55 on the s&p. bob michele in the next hour. it is coming up, right here on bloomberg tv and radio. this is "bloomberg surveillance ." ♪ ritika: with the first word news, i'm ritika gupta. federal reserve chair jerome powell has given a clear sign that the central bank is shifting to tighter monetary policy. he told congress it is time to quit using the word transitory when talking about inflation. howlett knowledged that the trend of rising prices has proven more persistent than expected. u.s. and japan are amongst the countries ready to impose new travel restrictions to restrict the spread of the omicron variant. president biden is expected to require all air travelers to the u.s. to be tested within a day of their departure. japan will deny reentry to foreign nationals returning from 10 african nations. japanese airl

jonathan: think i've given you idea of how i feel about this. lisak you need to elaborate about travel. jonathan: i will not call out the other airlines. gary kelly coming up later. kailey, that airline, some of the worst hiring conditions they've ever seen. kailey: that goes to show the peculiar nature of this labor market. the jobs are there. where are the people? jonathan: inflation data coming in basically in line. from new york, this is bloomberg. ritika: the coronavirus crisis is threatening the holiday season in the u.s. the number of cases and hospital admissions are rising and most victims have not been vaccinated. there are shortages of beds and staff to care for patients. in 12 days in washington, d.c. the seven day average has climbed at least 50% from two weeks ago. it london the financial district may become a ghost town. major banks have started telling thousands of employees to work from home following the new guidance from british government. hsbc and deutsche bank are among the firms reducing the number of people in the office. finl

lisa: do you watch "sex and the city?" jonathan: iy cement that samantha was not going to be in this series. just really heartbroken. lisa: and how do you feel about mr. big and the death by peloton? jonathan: well, we share the same name, don't we? we had to wait until the end of the whole thing to find out his name is john. [laughter] lisa: so it all comes back to that. jonathan: that's what it is about. it is about a connection. lisa: it does tell you a lot that this is what we are talking about on the day of the cpi print because it is an important market story for peloton. jonathan: i just want to do bring it up because why not? lisa: it's friday. jonathan: up 17 on the s&p, advancing 0.4%. it is business-critical. [laughter] lisa: of course it is. jonathan: from new york, this is bloomberg. ♪ hey, angie! you forgot your phone! hey lou! angie forget her phone again? yep. lou! mom said she could save up to $400 on her wireless bill by switching to xfinity internet and mobile. with nationwide 5g at no extra cost. and lou! on the mo

i. lisa, i was, i love you louis about a boat to scaly, a color bought by plague, liam neeson. i once walked into the william hills. blanche and horse with jack. i remember why just a case. i did that. so i think i have shown quarterly or do commentary a off the race because one of the guys doing the commentaries for children the need has said he'll do the whole race a shaun call a shot. the brain was finishing stuff. i could do that. but so could you do sean paul, ethan arrest meeting or sub row though you go online. oh sure. right. shifting by the dock of the bay it was a couple of crackers as well. of course the clips. yeah, i just was it used to be on the job. i think it was fred mccauley wrote miller's job when i was a little bit of time and i said my name is james bond, double. 07. and this is how old the guy got. was it was all one of your outside london, and then what was your shape for sure? i brush we must shorten. great. all yes. a guy. so many stories, but what i was was show and once. and sean for various reasons. wanted to put up greg dyke, who, who then was the g

lisa mentioned that earlier. ink all of the politicians, including the exiting the blahs you -- exiting de blasio, are saying let's go. jonathan: he is discussing a mandate for air travel. they are discussing a mandate more broadly in europe this morning. tom: we have more with elaine kamarck of the brookings institute. how has president biden screwed up? elaine: well, i think there is one screwup, which was afghanistan. that began a slide down. but i think basically, he is coping with a very complicated situation. if you haven't read it, have a look at the book on the carter presidency. the chapter on inflation is just heartbreaking because there's not many policy levers that presidents have to deal with inflation. the fed has some, and the president can jawbone, etc., but a president facing an inflationary cycle is really any mess with no good options. i think the most important thing the president is doing now is acknowledging that there is inflation happening, hoping that it is transitory, as some of his econom

jeffrey: i do not think it does. as lisahighlighted, the turnaround in the two year, i think the market is figuring out this is not a disappointing payroll report that takes the fed out. i think the pace is -- the narrative is still the same, pricing and the acceleration. how far the market gets ahead of the fed or whether the market can push the fed to go even further is the next phase. we have priced industrial hikes in 2022, accelerating the first hike to june or july of next year. will we get more? i think we will have to see more data. were worries from the fed on inflation and a willingness to be more aggressive before we get there. tom: thank you so much. lisa abramowicz and tom keene, we welcome all of you on radio and television across this nation. big u.s. jobs report according to michael mckee. always unambiguous gina martin adams joins us, chief equity strategist at bloomberg intelligence. but i see is the omicron fear with the vix at 30 and we are back down to 26.24. is this another vote that corporations will a

i have been told by my people that i am not doing the real yield. lisa: how did you get out of that one? tom: i don't know. futures up 32. stay with us. this is bloomberg. good morning. ♪ >> with the first word news, item laura wright. federal reserve chair jerome powell has signaled that inflation is now the biggest enemy to economic expansion, so the central bank is making an abrupt policies which. it is speeding up the drawdown of its asset purchase program l.a. down roadmap for interest rate increases over the coming years. that will start with three rate hikes in 2022. and united kingdom, boris johnson's top medical advisor is warning of a surge in hospital admissions from the omicron variant. chris whitty says substantial numbers of people will be hospitalized over the holiday period. the u.k. reported more than 78,000 new coronavirus cases on wednesday. that's the most since the beginning of the pandemic. scientists in south africa have found a combination that may give stronger protection against the omicron variant. it is a two dose course of th

caroline hyde and lisa abramowicz with us. i am sorry. this is a huge deal. within is does your employer have rights to your iphone messages and email? lisa: how did the work from home era complicate scrutiny? what are the parameters the banks should have when it comes to scrutinizing what you do on your personal devices? there been different kinds of missives, understanding we do not know all of the details. it adds another layer of complication to what was already highly confusing with people texting on their iphones in order to remain outside of the bank system. how they do this without putting up some of their employees? tom: how is this addressed in london? caroline: we have to -- the work from home scenario was confusing when you had bankers from one bank in the same apartment as bankers from another bank, and how you keep that wall to ensure you're not hearing each other's conversation? there was deep concern, now we see going back to 2018, what that messages, maybe they are text messages and trying to cycle what was work and what was play. that is a h

i think he's got to stop once or twice. do you think so? lisassect this at another time. i think right now, we can move on. tom: janet mui is with us to help sort all this out. metal guard speaking -- madame lagarde speaking here in a bit. janet was mu and often -- with brewin dolphin trying to sort all of this out. what does it mean in terms of investment? janet: thanks for having me. what we think is that central banks have extraordinary support for the markets. we are seeing progress in the labor market and a very strong rebound in activity. i think central banks are doing the right thing. the investment strategy, we think they are knowledge and the recovery is good, so as a result, we still believe that going into 2020, we are in a positive macroenvironment. we still think it is going to moderate in the second half. tom: you've got bulletproof academics. i don't know why she did this. it must've been a lonely life. janet mui did it, metrics, which is -- did econometrics, which is its own pain. are they walking into lesser degrees of freedom

jonathan: i know better than that. lisa abramowicz and jonathan ferro for our audience worldwide . news out of pfizer. the omicron variant neutralized by three doses of lab debt -- tests. more to come on bloomberg. ♪ ritika: i am written the -- ritika gupta. three doses of the vaccine can neutralize the omicron variant. pfizer is working on a vaccine designed just for omicron. it is the end of an era in germany. a new chancellor ending angela -- angela merkel's tenure. it may take months to figure out if joe biden and vladimir putin diffused the crisis over ukraine. a video call lasted for about two hours. president biden made it clear that he would not -- apple told supplies to speed up iphones through november to january. apple at a record high amidst optimism over its new products. several changes following for the monday through friday work week. the rest of the goals region changing their schedule. the new work week will be 4.5 days. global news, 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. i adm

lisa has lived this in real time. so have i, frankly. lisa: so much fun we are having. tom: caroline, with all of your connections, what are the schools like in england? caroline: i got a message earlier this morning from one of my greatest friends saying the schools are warning they might shut and go back online in the new year because of covid-19. a key worry among parents. tom: it is about the variants, but also about the time of year. futures up 27. this is bloomberg. ♪ taylor: -- laura: instead, it is leading the fight against inflation. in a surprise move, the central bank raised interest rates for the first time since the pandemic struck. policymakers voted to lift borrowing costs by 15 basis points to 0.2 5%. investors are betting that federal reserve chair jerome powell can pull off the proverbial soft landing of the economy. stocks in u.s. futures are rising with speculation that fed policy tightening will help fight inflation without derailing growth. the central bank will speed up the drawdown of its asset purchase program. it has also laid out a roadmap for

lisa: i am. ken: i do not know if it makes them more activists or last.hink in the immediate future, the difficulty for the fed is they might need to raise interest rates cyclically quite a bit. frankly i think the 300 basis point drop in real interest rates that has happened since 2007, i think part of that is trend, maybe one third of it or 16 the bid is trend, and some of it is not and they are likely to retrace some of that. at these market levels you can go down the asset list. it is going to be very painful. that is why a suspect that despite the tough talk we will get now, when things start pushing back they will find it further scaled-back than they think. i'm glad we are coming out of this, i am glad the economy is recovering. they are in a very difficult spot. tom: ken rogoff, thank you so much for an extended conversation. with harvard university as well as other work as well. we shift to the equity market. we go to gina martin adams, are cheap equity strategist at bloomberg intelligence. in outlook for retail on 2022, i did not hear them say g

we have places to be. >> i know. >> are you coming, lisa? i am coming. >> yes. >> just checking the vibe, making sure, yeah. we've had a lot of rain. we need to get some vitamin d and take a break, maybe shed layers. it has been an awesome time in terms of getting what we need, but a break would not be bad as we look at live doppler seven. noah green. -- no green on the screen. as we look outside, you can see our roof camera, where conditions look nice. 43 san francisco, 42 oakland, mountain view, mid 40's san jose. cold, 45 at half-moon bay. another view here, where numbers are in the 30's also to low 40's. 43 fairfield. as we look at our temperature change with the skies clearing, two to about seven degrees colder. heading out today, grab jacket. it will get colder friday-sunday morning. new year's day and eve, dry. by next week, monday, wet weather returnss. enjoy sun. the overnight lows. paying a price. temperatures in the 20's in the valleys. 50's today for some. should feel good. we will keep it that way until next week. then rain. >> t

i sit in lisa, my mechanic, unless done any, had any like sitting visiting, leading me a lot. i mean, i didn't, i didn't either. i mean, i know that i was a hello keith and let me see. oh yeah, we had a complex and as long as it would have been had been something in i lay low mother to be a no a b is not a 100. it is. and if you know either one of them out with a little star, come on the official a y a r a b, e man e u b a r a k, a k, a dollar loan a was a like a. yeah, a lot of that was not an interview with linda with as long as he and that hadn't been of us in you know, how you to and t m. and you can kind of certainly one must allow you to sort out in shahida. it's a full b, l, and i'm about to leave a bet . and you've been amador, i'm an assassin, maybe a 10 year old editors away. and i would say how sad i've been to the it is and the lady at the sat in he does the insert and nothing can envision you. she and kitty lay when this as always dead, yet as a way desolate in south florida getting concerned lead by what he did. we'll see that i would also that will can yep, it's

i go, how did i get here? lisasically, the pandemic is moving faster than the communication to what we should do about it. such a motley assortment of different rules on where you should take your masks off and keep them on and people are sort of making it up as they go along. i feel like i am channeling jon ferro here. why is about when you get up from your see at a restaurant, you have to put your mask on. tom: dow futures at -49. mastec angst. lisa mentioned earlier, the two year yield, 0.60%. real yield down. -1.06. that gets my attention. $74 and crude. hey, angie! you forgot your phone! hey lou! angie forget her phone again? yep. lou! mom said she could save up to $400 on her wireless bill by switching to xfinity internet and mobile. with nationwide 5g at no extra cost. and lou! on the most reliable network, lou! smart kid, bill. oh oh so true. and now, the moon christmas special. gotta go! take the savings challenge at xfinitymobile.com/mysavings or visit an xfinity store to learn how our switch squad makes

i had plans to go out to wine country today, we will see if that ends up being the best idea. lisag about the rain. this time around, the north bay seeing impacts. more moderate impacts will be along the peninsula and south bay into the santa cruz mountains. even the gusty wind, the focus is going to shift to the south raider on today through the overnight. then, we get to the dynamic part of the storm, was which will bring heavy downpours. the north bay gets a better chance of thunderstorms into monday and tuesday. here is the upper-level support, there is the cold front that continues to push through, bringing light to moderate rain. it is raining everywhere right now from san rafael to san francisco. getting closer to the north bay, some heavy rain near santa rosa. you can see it coming down your grenville, as you look through hercules and richmond, around 80, wet weather crossing the bridge is out cord -- toward discovery bay. to 880, hayward and fremont, some lighter amounts. not quite down to the south bay. snowy and truckee, the sierra nevada looking at huge amounts. the sec

and i think we will bring this up later. and that's what lisa just said, making a highway interesting and in bob's most recent book, a wonderful book, because most writers, i think -- maybe jane, you will disagree. but most writers do not let you go behind the scenes. the wizard doesn't want to be seen to be a humbug or impostor. but bob opens this up and he talks about method in that book. and one of the things he talks about in that book, he talks about summer, we will talk about some of it. but it is about the writing and about the importance of making people here, see, feel, on the ground, what is that makes a highway interesting. or he talks about a wonderful passage, one of my favorites, the beginning of the moses book, he has the list of all the accomplishments, the roads, the bridges that moses made. and he said that actual he thought of them when he read the list of ships in the elated illiad -- who would thinks think of the list of ships in the illiad as a model? so, given that, you know, there are several topics, that i hope to cover

i would share the quick query for me as me, not a lisa i knocked out with a worst case covered with what's my absolutely love, thanks very much. thank you for fun. having so many people are sure to absolutely. so thank you to listen to kind of anticipate robbins, have a wonderful, safe and happy new year and you meet tomorrow and it's been wonderful. have you both a 5 year term alex and i have a wonderful new year and we'll see you all again next week. take care. and as i always see a quoting, my dad's favorite say here's to us, was like us, dom few and there are deep. uh huh. oh hawk with ah, with 2021 rapidly coming to an end to this time for some reflection. what will we remember about this year? how did our lives change? also? we look forward to the new year. what does 2020 to have in store for us? will we be live in interesting times? ah ah, ah ah, ah. a top stories to south belgium, suddenly back tracked from his coat clam down and reopened. it isn't cinemas that are for its highest course, slammed the restrictions as excessive, while joe biden, distancing himself from previous promi

, the ability to imagine what other people are imagining without, and this, i think, speaks to jane's work and go back to lisa, but without making anything up. i mean, you can't make up things people say. people have to trust you as well as you get them to trust. >> in the case of that scene of looking at the capitol hill, one of the things bob caro does, rule number one for real reporting is just go there. you've got to go there. and so much is virtual reality and so many young reporters don't even get on the phone. they sent an email or something let alone go there. you have to go there and interview people face-to-face. it's much harder for people to slide off the hook if you're standing on their doorstep. and you just have to do it. it's not dignified necessarily, what you think you're going to do when you're a historian or someone writing for "the new yorker" but it opens up -- >> given all that i have to go back to lisa because it seems to me, lisa, now that you're in publishing, and i guess this is sort of open-ended ridiculous question, so forgive it in advance, but that's a high bar. here you are goi

- [lisa] um, i came up on thursday. - [bob] did you? - [lisa] so this is my third week, yeah. - [bob] ah. - [lisa] been back and forthing a bit. - listen, thanks for being up there. you know, i know that if 25 million australians knew you were there, the great bulk of 'em would be supporting you totally. - [lisa] it's pretty special to be able to be here. i've been pretty overwhelmed with support from people, and it's been really nice, 'cause it do get hard sometimes. - [bob] yeah. - [lisa] the more time that i've spent out here, the more emotionally attached i get to this forest. it's only gonna get harder if they do decide to come in and start destroying everything. - big criticism isn't it of environmentalists that we're emotional? - [lisa] yeah. - as if you can still be a human being without it. - [lisa] yeah. - you've got a basket up thereaven't you? - [lisa] yeah, there's just a bag down the bottom, you can put stuff in. - [bob] oh, can i? i'll do that then. all right, there you go, a week's reading and half an afternoon's fruit. (