joining me right now to break that down and tells what the head is jason morgan chief economist anthony chang. maria: we are expecting a slow down a slower pace is what we're looking for. but this is worse than even the economists were thinking. but it's even lower than the confesses consensus but every time you have thanksgiving coming in late in the calendar, seasonal practice subtracts about a hundred thousand or so from the prior month reading. and he saw the at 256 with the room vision subtraction about a hundred thousand the numbers pretty close. but that doesn't happen to all the components. retail for example thanks giving comes late, juergen hire more workers. the last time things giving came in late you had an acceleration in retail and about 50000. this time again the same thing. be seven huge jobs in retail. you also had strength in construction, that was also a good number. other job creation was in healthcare. but manufacturing down. manufacturing was down but again you see that in the national pmi's. there is no secret that the manufacturing today is essentially in contra

at the end of the table is jason morgan ward, professor of history at emory university and he and jennifer ritterhouse wrote the chapter on from the great depression to the end of southern history. we challenge the authors to write as teams. cried and i partnered on many -- craig and i have partnered on many things and we thought this would lead to richer and more balanced essays. some teams were quite successful and some teams struggled. we want to do by asking the panelists about what opportunities and challenges they found in the co-authoring process. >> i will start. i had the opportunity to work with my former advisor at purdue. we know each other well. regularly over the past 12 years since i graduated. the fun thing was that we as historians work in isolation. somethingto work on that is truly collaborative. meetings where we talked about the essay, we sent back and forth elaborate outlines, and we did most of the writing over a two day period when she came to penn state. collaborators,as the process was smooth but the assignment was difficult. onre had been no essay native american

jason morgan scott darling gives his outlook for oil and gas. hen controller partners joins us from dubai. still ahead, we'll assess how the tensions in iran are affecting bond markets. theresa kong from matthews asia joins us next. >> plus, the rally will be whether there's more room to run in 2020. this is bloomberg. >> the market is going to follow he fundamentalses of the economy? >> the market are coming down effective s deterence. kathleen: worries about how markets would react in iran monday, and n there's relative calm at least for now. we want to discuss all of that with theresa kong, portfolio and head of fixed income at matthews asia. have you t's great to back. so what has it been, what, four days? where are we? really changed the picture, particularly for bonds just, you know, an early 2020 event that everyone is going to sort of settle back wait to see what happens? >> i think the markets are muted response to the latest rise in geopolitical tensions in the middle east. at the , if you look ten-year treasury, it really moved from 2

jason johnson's the politics editor of the root.com and professor of politics and media at morgan university. both jason and eugene are msnbc political political analysts. i want to go to what the reaction was in the house of representatives in the last couple of days when you started to hear senators like richard blumenthal and a few others saying speaker pelosi should send us the articles of impeachment now. they have reversed themselves, the ones who started to say those things because it seems speaker pelosi is in complete control of what this strategy is. what was your reaction in the house when you heard those senators start to make their own suggestions about it? >> well, let me just say that i think that it's very important that we create a process whereby the truth can be known. and the administration obstructed justice on so many levels in terms of witnesses who were to come before us, before our committees, of travel logs and meetings that were held relative to ukraine and the withholding of aid to ukraine. we were not able to assemble that information in the house. so i think wha

jason: you can look. >> morgan: popular compared to prince andrew that's a pretty low bar.ybe don't like imperialism to take down the whole royal thing. pete: never got over 1812 and we gave them meghan markle. rachel: take down winston churchill. pete: what do you think real quick 10 seconds. >> the queen has had quite a rough year. [laughter] pete: truer words never spoken. shannon, thank you, we appreciate it. as president trump rallies supporters in wisconsin you will remember, 2020 democrats tried to win over voters in iowa. what were the top moments? we are dialing the debate and the rally that's coming up next. >> it's the greatest hoax ever perpetrated on our country. >> quite frankly, i think he has flat out lied. >> that is what democratic socialism is about and that will win this election. do you have concerns about mild memory loss related to aging? prevagen is the number one pharmacist-recommended memory support brand. you can find it in the vitamin aisle in stores everywhere. prevagen. healthier brain. better life. hey, our worker's comp insurance is expiring.

we also have politics and journalism professor at morgan state university jason johnson.ring in the conversation the associate editor of commentary magazine noah rothman. coauthor of the playbook, jake is her m sherman. and we have yamiche here. mika and willie wisely have the morning off. i love being here. i love talking. i don't know if anybody's noticed that over the past 20 years but that's what i love do and we're so glad wur here with us. it's sort of like the brady bunch. we have everybody here and we're ready to talk about a lot of things and we're doing it all. this is what richard haass always says, we're doing it for the kids. richard haass, let's start with you. we have outbreaks going on across the world. and let's talk about iran again, because obviously it's fascinating what's happening there. you talked last hour, i said the maximum pressure, donald trump's maximum pressure, if you look at the unrest it's causing in the country, if you look at how the economy is in a bad -- it's badder, there are probably at their weakest place since 1979, i guess the que

talk about the markets is the managing director and senior portfolio manager at morgan stanley investment management jasonguest host today. you said 2019 was not complicated nor do i believe 2020 will be a lot of people thought 2019 was complicated. >> the reason why it wasn't is it followed the path of 2012 and 2016 which was we had big correction for 2016 just like we did in 15 and just like we did in 2011 and we had big outflows the next year and it takes about a year of outflows until people say wait a minute, i made a mistake. i should have bought. >> so i wrote this piece in early december saying it's just starting which is the capitulation is people have stopped selling out of equity mutual funds and they're starting to invest into risk assets this is why you're seeing the market, the futures are indicated down and then the market is up on the day. i think money has started to come back and we're still in the early -- and clearly the market is very overbought short-term but i think that's why 2020 will be consistent with 2017 which was a swing back into equity risk we came out with massive outflows

jason brady, thornburg investment management president and ceo. thank you for that. this is bloomberg. ♪ amanda: this is the word markets. shery: it has been a big day for banks. jp morganping bonuses flat for bankers and traders and ace brent drop in payouts. has been the most profitable bank in history for two years. is this the best they could do? sonali: it has been a record otherut jp morgan and banks are preparing for tougher times ahead. morgan stanley went to cut 2% of the workforce. we do not know what they will definitively look at with the other banks, but we wait for goldman sachs and morgan stanley to see if the investment bankers will keep up with pay. amanda: good news on this front in the form of higher meant -- hiring. there are cuts happening in parts of the business. how optimistic does this make us? areli: even though they hiring bankers in the u.s. to maintain competitiveness, they did just cut hundreds. ubs and its peers are calling hard in the season and that makes it competitive for the pay for the high bankers, but difficult for everyone else. shery: we also have some private insight. but what do we know? sonali: credit suisse might want to make

joining us now, politics and journalism professor at morgan state university, at the root, and an msnbc contributor, jasonohnson. with us ceo of the messina group, jim messina, served as white house deputy chief of staff to president obama and ran his 2012 re-election campaign. >> jason, respond to what joe biden said and talk about whether joe biden's record is one that democratic -- the democratic base will be comfortable with as we move closer to iowa and new hampshire this month. >> so joe, the first response to this by many in the democratic base is going to be, you voted for the iraq war, you have no credibility on this issue, and that i think is an important thing to understand going forward. now if you look at all the polling numbers, by a large margin, like 45, 48% of democrats say that they actually think that joe biden is the person they would trust most to deal with iran, so pretty much what he says is going to be considered credible and it's the kind of thing that makes people comfortable, which is more or less his brand. it depends on if anything else happens. look, be we basically lucked ou

politics in journalist professor and morgan state university politics editor at "the root" add msnbc political contributor jasonon is with us. republican strategist and msnbc political analyst susan del percio. chief white house correspondent for the "new york times" peter baker and in des moines, iowa, msnbc national affairs analyst co-host of showtime's "the circus" and editor-in-chief of "the recount" john heilemann is with us. >> and lamar alexander was reading your book yesterday and influenced him to say, yes, the president committed crimes. yes, the president did terrible things but i'm not going to do anything about it. i've got to read that book. it must be very persuasive. >> wow. >> if you read that book, the parallel you will see actually is with the clinton case. that's the interesting thing. up until now, what we saw 21 years ago was democrats were able to say that clinton did wrong. we just don't think it's impeachable or worth removing him from office because the president himself admitted he had done wrong. he didn't admit he commit at crime but admitted the affair and that he lied to the ameri

joining us now, politics and journalism professor at morgan state university, politics editor at the root and an msnbc political contradicter jasonnson. what's your take on the ad and the bloomberg approach to the presidency? >> it's very, very creative, and i mean, his approach. the ad is fairly generic, but, look, this idea of campaigning in these later states has proven to be really successful for him. an example. yesterday is the mlk holiday. a lot of friend and colleagues giving speeches around the country and kept reporting back to me there are large numbers of voters, older voters, african-american voters seeing the ads and taking a look at bloomberg, and tom steyer. interesting candidates. impressed by someone who spent so much of his own money to improve a city, hiring credentials, stopping gun violence in new york city. a crazy plan but seems to be helping him so far, think about it, jason. of course, you have 20, 25 candidates who have spent all of their money, all of their time, all of their energy in two states. and maybe a few have spent a little bit of time in south carolina, and here's bloomberg focusing like a la