jonathan bell, joel stern. thank you so much for joining us for now.p next, the pound's biggest bear expects the currency to lose 17% if britain remains part of the eu.u. we talk about the european referendum coming up next. ♪ welcome back. let's get straight to the first word news. german industrial production fell for a second month-end december. 1.2%. sank even estimates to demand remains strong. the median estimate had been for a .5% gain. goldman sachs expects the federal reserve to increase u.s. rates no fewer than three times this year to 1.3%. goldman says it sees above trend u.s. growth and predicts a gold rally will go into reverse. germany say four people have been killed and around 100 injured after two trains collided. the incident happened near a town in bavaria around 37 miles southeast of munich. global news 24 hours a day powered by our 2400 journalists in more than 100 news bureaus around the world. european markets regaining some of their losses this morning after opening lower. u.s. strategists, where the u.s. 10-year yield would as

ofty: that was jonathan bell and peabodygolub speaking on bloomberg "surveillance."ill cohan, who has written about wall street tanks and has worked there. what you think about what he said about deutsche bank? bill: it is a fascinating situation. john cryan is decrying the banker pay and trying to do something about it, which, obviously, generally speaking, is out of control. betty: there is a headline that ubs is going to freeze their investment banker salaries. bill: he was taking the lead, which is a problem. places,rs flee to other he could be in a death spiral in terms of his and estimate rank. he now has the issue where the cvs has spikes and he is talking about making payments. it is a big problem when bank ceos talk about that. seen this movie before. we saw it at bayer and lehman and almost at morgan stanley. you can't imagine it happening at deutsche bank, which is the national champion. correct in saying that there is going to be a big shareholder potentially and a german government. betty: short of that, isn't it easier to believe these guys given the ca

at police headquarters, brad bell, abc7 news. jonathan: all right, brad. thanks. just after brad broke the news, prince george's county acting police chief was on the sister station newschannel8 news talk discussing the case and domestic violence in the county. you can see that exclusive interview online at wjla.com. we have got breaking news now from suitland. police there are investigating a murder. our stephen tschida is joining us live from the 2500 block of darel drive. what did police find there? stephen: they still are on the scene. they got the call here to the park green apartments at 1:00, 1:15 this afternoon. the investigation appears to be focused on one of the units. one of the apartments here at the complex. all we have learned from investigators is that they are looking into what appears to be a fatal shooting. >> we are still working to determine the motive and a suspect in the case. stephen: young guy, older guy? >> he was an adult male. stephen: shot multiple times? >> at this stage, until an autopsy is completed we won't know exactly how many ti

in la plata, brad bell, abc7 news. jonathan: breaking this afternoon there is a report of a sexual assault on a school bus. the "washington post" reporting a young girl, student at a glass glow middle school was slapped and grabbed on a bus by a fellow student or students. this happened in november. police are reviewing video from the bus. so far no charges have been filed. we have more coming up at "abc7 news at 5:00" and 6:00. michelle: police are back searching for accused rapist. stephen tschida is on the scene and says some residents say he looks familiar. stephen: that is true. five minutes ago i spoke with captain martin of the fairfax county police department who described the assault which took place here as violent, brutal, leaving the victim traumatized and injured. they are here on the complex site handing out this flyer, talking with people and several people told us that they believe they recognize the suspect. >> early saturday morning a man broke in the unit in this building. the occupant, a 51-year-old woman. s

in fort washington, brad bell, abc7 news. jonathan: it just hurts hearing that news. thank you. brad mentioned that neshante davis was a teacher at bradbury heights elementary school. today her colleagues called for an end in the violence in prince george's county. kevin lewis now picks up the team coverage and joining us live from the school in highlight -- capitol heights. kevin? kevin: she thought second grade here. this was her first year on the job. today the principal sent home a one-page letter to notify parents of miss davis' tragic fate. it referred to the 26-year-old as a "beloved teacher" that became a favorite of staff and students alike. counselors were on hand here today providing emotional support. following the 1:50 dismissal we saw children walking home with tears in their eyes. the women you are about to hear from would often run into miss davis at school p.t.a. meetings. >> a very nice lady. like most school teachers just sad. this is a really sad situation. you see someone one day and then they are teaching our kids, doing a great job and the next day they ar

in greenbelt, brad bell, abc7 news. jonathan: all right. thanks. let's talk politics. it has been anything but routine on the campaign trail. that is for sure. >> many women who left their kitchen to go out and go door to door and put yard signs up for me all the way back when things were different. >> a guy throwing punches, nasty as hell, screaming at everything else when we are talking and guards are gentle with him. walk out with the big high-five, smiling and laughing. like to punch him in the face. jonathan: it doesn't get any better. even ted cruz accepting resignation of the campaign spokesman accused of posting misinformation about marco rubio. we're just a few states in the process. scott thuman is in nevada for the caucuses today. every time that trump says something, whether it's inflammatory or on the mark his numbers go up. he has now, could this be the third state in a row he wins with the next primary or caucus? scott: it would be. if he can come out of nevada with a win, that is three? -- three in a row. a lot of people believe it's a train difficult t

in glenarden, brad bell, abc7 news. jonathan: thank you. some of you might have first found out about the story from a breaking news text alert. you can sign up for the text alert at wjla.com/text. one way to ensure you get updates on the big stories as they come in the newsroom. as soon as we get them, we text them to your phone. tonight we are learning more about the man now charged in the death of a montgomery county police officer. luis gustavo reluzco is charged with manslaughter by maryland move over law for hitting and killing 2-year-old officer noah leotta. leotta was an officer, working at d. u.i. detail in rockville december 3 on the side of the road. he pulled over somebody impaired. he was struck. investigators say that reluzco's blood alcohol level at the time of the crash was .22. he had been previously arrested for drunk driving at least three times. >> when a repeat drunk driver gets behind the wheel of a car with a callous indifference for other people's lives, and even when someone is driving drunk and kills someone else,

in annapolis, brad bell, abc7 news. jonathan: thank you. in the race for the white house, a key pickup for hillary clinton after winning nevada. senate minority leader harry reid where nevada endorsed hillary clinton. this is as attention turns to super tuesday. bill clinton stumping on hillary's behalf in the commonwealth. jeff goldberg is in alexandria. i understand that -- hey now. i understand the lines stretching for is blocks. i guess jeff had to step out of the way, someone is speaking. can you talk to us? jeff: we are life at old town alexandria in the durant art center as it is standing room only as the crowd is waiting for former president bill clinton. packed house in alexandria. we the democrats from the region here getting ready and warming up the crowd a little bit for the arrival of president clinton but he has not yet come to stage. we do know that the president clinton is known for being late. that is what we are dealing with today. after the event, president clinton will head to richmond and have an event with governor ter

jonathan: he is actually accused of recording videos inside the school where he once volunteered. maryland bureau chief brad bell has court documents detailing the crimes that carraway is now charged with. brad? brad: the details absolutely gut-wrenching. impossible, really, to describe here. we have breaking news with regard to the case. it is an indication that there are fears that the number of the victims may eventually grow. that is the f.b.i. has now involved itself. they are offering their assistance to the prince george's county police. 1-800-call-f.b.i. is the hotline number for the potential videos. look at the mugshot again. 22-year-old deonte carraway. as you said, he was, in fact, a teacher's aide and then a volunteer at judge sylvania woods elementary school. he was in the school up until his arrest. but no longer as a paid employee. he was also directing a youth choir here in glenarden. those jobs putting him in direct contact with very young children. we talked about the charging documents. they allege he was in the school bathroom directing children in pairs in the production of explicit pornogr

jonathan: a proposed prince george's hospital gets funding from maryland governor larry hogan. maryland bureau chief brad bell is here to explain how it changes the future of the area. brad? brad the hospital is expected to be a centerpiece for the future growth of prince george's county. in a few years this empty lot a mile from fedex field just outside the beltway will be transformed. the governor's funding giving it a big boost. >> governor hogan striving to the microphones at a hastily called news conference. >> i have in my hand a budget. >> announcing money to keep the existing prescription germ's hospital center operating until the new hospital is built on land just outside the beltway near fedex field. the for promising another -- the for promising another $55 million in years ahead and total of more than $160 million in funds for construction. a deal the governor says the hospital can now move ahead. >> it's been a long sad story about the prince george's hospital system. this, we believe, is a tremendous solution to doke hospitals there. >> it's to be operated by the university of maryland medical s

jonathan: we have been learning more about the suspects in the case, david eisenhauer and natalie keepers, both from maryland. brad bell has been talking to people who knew them and he joins us now. brad: you got a taste of the reaction in the story we aired. in howard county, people who knew the two young people cannot believe it happened. this is where david eisenhauer graduated last spring. i want to show you video of him while he was here. he was renowned as a middle distance track athlete. state champion in indoor track. he was singled out for a special award from our sister station, wbff in baltimore, as a high school athlete of the week. you heard the principal. the kid had a great reputation here. natalie keepers went to hammond high school in the laurel area. we talked to her principal today as well. she was telling us that the young lady was involved in drama and involved in the school's literary magazine. she wanted to be an engineer. she had goals. she had dreams. absolutely stunned. we knocked on doors in both neighborhoods today. no one home at the eisenhauer and the keepers houses. but neighbors in natal

. ♪ ♪ john: 30 minutes away from the opening bell here in bloomberg city. i am jonathan ferro.us for the hour, comanaging partner and cio . lot ofo dig into the a bloomberg this morning. let's get you a check on the markets. matt: you have futures that are very little changed. futures,ows for s&p nasdaq futures, but not big moves. let's look at the s&p futures over a couple of days to see any trends here. so flat. we have been down and up but not a lot of slope to this line. we did see oil come down. still looking at s&p futures. we see it come down. a little bit of a bounce back up. that is typically what drives stock markets over the last two months here over the day. the brand is rising up now, a gain of 2%. this is the last few days, a correlation between u.s. stocks has been much higher between the correlation between u.s. stocks and oil. chinese stocks, which move markets, that correlation feels like we have finally broken the shackles of the chinese stock correlation. i want to look at the british pound. we have been following it closely and i want to take a vacation the

bell exchange. david kelly from j.p morgan fans and jonathan and rick santelli. can you describe what's going on right here with the reset of investor expectations and the fact that really stocks were not able to capture anything positive out of that jobs report this morning. >> yeah, i think we're stuck in a swamp of irrationality, people are making fundamental mistakes and believe the u.s. economy is due for recession and val yauations don't matter anymore, all of these are mistakes. the u.s. economy is nowhere near a recession. and stocks look very cheap relative to the rate of inflation and yield of cash and bonds. it is irrational, i don't know when it's going to break but i do see opportunity for people to keep their heads when the market seems to have lost its -- >> it's a mistake going on for about six months now. is the market not telling us that maybe things are souring? >> i think the market really is misunderstanding the economics here. we see the falling unemployment rate and it's because of low labor force growth and that's fine, that's the way the

bell, abc7 news. michelle: on the outer loop, a tractor-trailer crashed tis jackknifed and several lanes closed down as a result. jonathan: brianne carter has been tracking road conditions this afternoon. michelle: we know you got out with vdot crews. what did you encounter while you were out there? jonathan: brianne? brianne: the plow driver movedded the snow. you can see that on the roads. if you take a look on the roadway the slush that is left behind is going to be the concern now for all of the more than 4,000 pieces of equipment that are out on the roads here in northern virginia. take a look at the video. behind the scenes. with the plow truck and the officials today out there on the road. they say the crews have been working hard to get the road clear. now the concern is the wet and the slush left behind. they are concerned with freezing rain moving in and the cold temperatures, that that is the problem moving in the afternoon and the evening. so to using salt but mixing in sand for the mixture as well to try to add a little extra traction on the road. they say with the ice, there is really no treatment out there

jonathan: a dramatic court appearance from the father who is charged with murdering his daughter and their mother. michelle: maryland bureau chief brad bell was in the courtroom. what can you tell us? brad: you know, this was a scheduled bond review hearing. they usually last a few seconds and a judge makes a determination if bond is set. in this case, mr. daron boswell-johnson will be held without bond. we got a look at him yesterday when police moved him from the interview room to the detention center in the so-called "perp walk." in court today it was extraordinary. judge allowed six members of mr. boswell-johnson's family to get up and speak. several of his brothers, some of them having encouraging words telling him to keep his head up, promising they will hire a good attorney for him. another brother speaking out saying you messed up. that brother apologizing to the victims' family. the victims 26-year-old neshante davis and a little girl, 2-year-old chloe davis-green who was determined to be mr. boswell-johnson's daughter as well. they were murdered tuesday morning. police telling us that boswell-johnson has admitted it. this case s

jonathan: thank you very much. along with the tornado, there was a lot of rain, torrential rainfall. everywhere you walk is serious issues with the flooding. go to brad bell in upper marlboro, maryland with more on that side of the story. a lot to deal with up there. brad: you are right. the ground was already soaked. when the water falls it just runs off. lands on your yard, gets in the storm drain and the creek. this is the water in the western branch ripping through upper marlboro. they have a flood warning in effect. that is why. you can see it is up and over water street here. take a look down in the body of the water now. it looks like a boiling pot of brown soup. it is violent. it is powerful. so much water ripping through here. this is not terribly unusual. we see flooding in this spot once a year or so. sometimes less frequently. sometimes more. in this place the road does the bridge is made to handle it. we are not seeing structural flooding in upper marlboro though the flood warning is in effect for an hour and a half or so. they walk through it and they are impressed. >> it's a lot of water. i hope it just keeps moving that way. >> back live l

bell peppers can become a meal time favorite. look for the fresh from florida label when you shop. remember, delicious is always lightning gm steve yzerman has sh >>> alzheimer's disease has shown that jonathan drouin is not going to win against a legend. the deadline passes and he is stuck suspended by the lightning. jonathan drouin has gotten bad advice from his agent and now he will suffer the consequences. he is on ice. he could be traded but he will not be eligible for the playoffs if they do it in the regular season here. it is more likely they will deal him somewhere around the draft in june but of holding him out. lose ser jonathan drouin who louses free agency. >>> and he is leaving the door to return and interesting to see if he comes back to the portlands for a second stance. >> i could not do anything that helped us if it was not an opportunity that and the i have to keep my options open. >> and tyler johnson had a health on and vizor. he was hit with a puck to the forehead. the bruins was trying to clear it up the ice and johnson takes a direct shod under the visier. he had to be helped from the ice. the wound. johnson is ready to go. he will not let the stitches slow him down.

. >> let's get to some markets, our closing bell exchange, we'll talk about what's going on today. a tired market it looks like. mark lieman and jonathan corpina and rick santelli, we're down towards the lows of the day. let's talk about what's driving today. oil had been up most of the morning, kind of gave up its gains. any more complicated than that? >> that's pretty much it, straight down the middle with that. the market has been tracking oil and we're trying to see if we can get a disconnect here. we haven't seen that just yet. that has really gauged any meaningful movements to our markets here but right now, investors are sitting on this rally that we've seen for the last three weeks. we were talking about the 1812 levels three months ago and moved up significantly higher, 1950 is the next level we tried to break through and we can't. being a friday they are taking some risk off the table. >> with the end of the month coming up too. we were just talking about apple. are you long the name. there are names in tech you like here? >> i am personally long the name. i think there are some things in that he can have worked. we have had

bell. welcome to "bloomberg ." i am stephanie will. david: i am david weston. jon: i am jonathan ferro.t. let's cross over to matt miller with breaking news. fell top 500 index 182.75 from 183.07. year take a look at that over year number parried it was a growth of 5.74%. they were looking for 5.8%, so missing by a tiny bit and flipping from 5.83% in the past pricesttom line, housing are rising at a pace of about 6% and they continue to do so. let's take a look at markets with smb futures unchanged. -- with s&p 500 futures unchanged. dow futures have risen up about 24 points. if we take a look at what the s&p 500 futures have done, it looks similar, so we went positive, came up, down and now we are batting around between unchanged gains on s&p 500 futures. the rest of the morning, we have been taking cues of europe and we are no longer doing that and they were covered as well. the ftse down .33 of 1%. everyone will start saying cable all the time since jon is back. david: i am not. matt: that is the slang term for the u.s. dollar. when they started it, it was transatlantic cable to tran