like a terrible boy band but new knowledge was founded by veterans of the obama administration jonathan morgan and ryan fox so. i guess we're doing away with the nonpartisan unbiased thing. well in that case i say let's go hard go home i want more bias probably more biased more good also develop technology for the defense advanced research projects agency darpa the arm of the department of defense created for basic applied technological research and futuristic war toys all right all right not bad not better like we're going with this but i know what you think we have a hunger for even more bias ok how about this ryan fox is a fifteen year veteran of the n.s.a. and was a computer analyst for the scandal plagued joint special operations command j stock military unit yeah you can feel like bias get in your truck right so you got two guys who are part of the war machine part of the military industrial complex and the obama white house writing the report for the senate about russian meddling but you know the truth is i have a fever and the only cure is more bias right there of course was overseen b

like a terrible boy band but new knowledge was founded by veterans of the obama administration jonathan morgannd ryan fox so. i guess we're doing away with the nonpartisan unbiased thing. well in that case i say let's go hard or go home i want more bias probably more biased more good also develop technology for the defense advanced research projects agency darpa the arm of the department of defense created for basic applied technological research and futuristic war toys all right all right not bad not better like we're going with this but i know what you think we have a hunger for even.

nbc's morgan radford, msnbc contributor jonathan capehart, "washington post" opinion writer mike menolith me. gillibrand first declared on the colbert -- no, it wasn't colbert. excuse me. last night, yes, on colbert. >> andrea, that's right. she came out swinging this morning. as you mentioned, this was her first public appearance in her bid for president after announcing it last night with stephen colbert. she came out swinging, andrea. this is the country view diner in troy, new york. she lives just a stone's throw away. she made it very clear what her platform was going to be. she said it is about creating greater access to education and health care and it's also about fighting institutional racism and special interests. i have to say, andrea, the announcement that she was making her bid, it was met with some mixed reviews. some question exactly what her status would be in terms of where she would fall on the political spectrum. they cited the fact that back when she was in the house, she was a centrist figure but then changed her tune on key issues like gun control, elements of immi

morgan ortagus, jonathan swan, national reporter.e moderate coalition to get some compromise seem to fall flat on the face. we are back to ground zero. >> it does seem -- everything i'm hearing for the administration, they have given up on a congressional solution which means declare the emergency which will take them into a court fight or omb, the budget office has been looking for creative ways to find other pots of money that they can move around. most of it comes down to the pentagon. all of these options are politically and legally challenging. it is no surprise that he is looking to tap into these disaster funds. lots of money appropriated by congress. a lot of it hasn't been spent and trump has already said privately that he wants to stop getting money to puerto rico. it doesn't surprise me that that is where they are heading. >> bret: republicans are pointing to democrats who have spoken a lot about border security. take a listen. >> we have a humanitarian crisis on the border. >> i voted on numerous times when i was a senato

. >> john: judge andrew napolitano, morgan ortagus and jonathan swan reported for axios.asking for a prorated down payment in a continuing resolution that would fund government for three weeks. i did the math, 5.7 billion divided by 365 times 21 -- $327 million he wants. can he get that out of the congress? >> i cannot do math in my head the way you just did. >> i did it on the computer. >> this has devolved into a cafeteria food fight with the democrats in congress saying "but he started it" and that's why people are so frustrated. whatever moral argument that nancy pelosi and the democrats felt they had around christmas or even two weeks ago, for me that has evaporated. there is no point, we have this many resolutions come to the table that you are not seeing democrats negotiate with the president. this standoff is hurting real people. there are real people in the navy reserve that i drill with, that our federal agents that work at the u.n. in new york, these are friends of mine that have children that are living paycheck to paycheck because they may have a wife or husb

. >> morgan, when you were talking -- jonathan, wait one second.partisanship, that's the ultimate goal, but you have a situation where the wealthy continue to get these tax breaks, and the middle class, nothing. and we never question, what about that -- [talking over each other] >> that's not exactly right. >> hold on, let me finish the sentence. 1.2 trillion dollars in tax cuts, we didn't question that and the funding for that. i'm just trying to point out the fact that we didn't question that and now we're saying it is not so good to tax the wealthy. >> there were -- go ahead, jonathan. >> i'm question when you say we give the wealthy the tax cuts. it's their money. they earned it. we're not giving them anything. we're simply letting them keep the product of their own labor. until the republicans can get behind that, until they can say no, you did earn that, and you have every right to keep it even if you make 10 million dollars. >> why did we tax rate 2% just recently under president trump? why did we do that? >> it should be cut much more than

morgan's first christmas without their son jonathan. imagine their pain this holiday season. >> bail is set for $3 million that guard will be arraigned on thursday if convicted he faces a maximum sentence of 50 years to life in prison. >>> this has become a holiday tradition for a bay area proud series. the winter wishes rally. >> it's an amazing display of teen fueled jgenerosity and compassion. it keeps garvin thomas coming back year after year. >> good morning. >> reporter: branham's winter wishes is a production with the potential to bring adults to tears. a promise on which it always delivers. >> this next wish is to mr. fernandez from jonathan bowe. >> reporter: winter wishes begin the start of every school year with every student writing down a wish. the leadership class attempting to grant as many as they can smaller ones at first, like doughnuts delivered in class. >> your first wish. >> and then bigger ones at a rally in front of the whole school. it is an amazing hour of jen rossi generosity in a gymnasium. like a young man w

jonathan: coming up, catching up with james gorman of morgan stanley. erik schatzker later. also, goldman sachs'david solomon on bloomberg radio and bloomberg tv. as we count you down to an important position from president draghi, unchanged, we expect in frankfurt. the conference, fascinating. concern about the continent increasing. bridgewater on europe. >> they are starting from a worse level in terms of the economy, lower inflation, close to deflation and negative interest rates. that will click first. what will they do? -- theireffects movement will be a leading indicator. they will struggle more with easing than u.s. and china. jensen speaking. davost step on the ice at davosa terrific after a terrific year for bridgewater. relative to mario draghi, comments and headlines across the bloomberg and on to the important conference. stephanie flanders joins us, senior executive editor for bloomberg economics. this is not just another meeting. there is importance to it. economics, 1%al europe as a backdrop. bloomberg for economics, it is never completely humdrum. there is gr

jonathan: joining me around the table is bob miller, jim karen, managing director of global fixed income and head of macro at morgantanley, and from boston, margaret patel, a senior portfolio manager at wells fargo. let's begin with the blowout payrolls report. margaret: i think it shows there is a lot of strength in the economy at the current time. labor indicators are a lagging indicator that doesn't necessarily predict the outlook for next year. i think that's what the market has been worried about. certainly, the economy is in good shape today but it will likely decelerate. jonathan: that is the problem. we've had one of the best payroll reports of the cycle, but everything else relative to expectations outside of the labor market and personal household sector is pointing south. bob: i think this is probably the is great labor market we will have for a while. i would not be surprised if we do not see a meaningful deceleration in hiring over the first quarter, first half of next year. when you cut equity prices by up to one half across the economy, it seems likely hiring will slow some. jonathan: do you agree wi

morgan stanley done by 3%. up, supermarkets with jonathan ferro. no doubt, banks front and center. they missed on equities.results. 30%-40% results can be attributed to housekeeping. he does the room to grow. still weighing on the overall tape with s&p futures down by 7%. -- seven points. this is bloomberg. ♪ >> from new york city for our viewers, the conduct the open star threat now. -- starts right now. up, suite on wall street, optimistic about the year ahead, seeing few signs of a recession. wrapping up earnings season for the big banks, morgan stanley ending with a big mess. the u.s. techto resolve, netflix kicking things off after the closing bell appeared in the markets, good morning. good morning. futures negative seven on the s&p 500. euro really stable. south of 114 of 113.97. treasury going absolutely nowhere. investors sending more constructive on 2019 after a worrisome and to 2018. joining me is christian. michael. and in grass cutter.

jonathan: michael zezas catching up with us. what we will be watching, earnings season has started. fargoan and wells tomorrow reporting earnings. three fed officials will be reporting. thursday, it is morgan stanley's turned to deliver quarterly results, and then netflix will deliver its earnings after the closing bell. 43 seconds into the session. .7%.ies up worldwide, you are watching bloomberg tv. ♪ ♪ >> it is after 10:00 a.m. in new and, 3:00 p.m. in london, from london, i'm guy johnson. taylor: i'm taylor riggs in for vonnie quinn. welcome to "bloomberg markets." guy: global stocks are lower. citibank kicking off the earnings season and the numbers were not great. taylor will have more on that in a moment. european stocks are down by .6%. we saw the slump in asia. the trade data with bowling into -- the trade data riffling into asia. today's low volume session does not tell us we have reached a turning point in this rally since we have seen beginning this year. you would have thought german stocks would have been in an underperforming position, but they are not, which is interesting. maybe the bad news is priced into the german auto sector. deutsche bank remains under pressure. what

jonathan vigliotti, cbs news, london. >> begnaud: we may soon learn more about the motive for the kidnapping of jayme closs and the murder of her parents. the suspect is going to be in court tomorrow. demarco morgann barron, wisconsin tonight. >> reporter: police say jake thomas patterson was proactive and planned the abduction of jayme closs. the sheriff said the 21 year old acted alone, even shaving his head to avoid leaving trace evidence at the closs home. barron county sheriff, chris fitzgerald. >> we don't believe the suspect had any connection with the closs family. so, i think he picked jayme, and that is obviously the million dollar question is why, and we need to find that out. >> reporter: on october 15, jayme's parents, denise and james, were shot to death, and there was no sign of the teenager. but thursday, after being held against her will for 88 days at the secluded cabin in remote, wisconsin, closs made a break for it. peter and kristen kasinskas called 911 when jayme was brought to their doorstep by a neighbor. >> she told us that she was very well hidden. she said that other people would come to the house, but she would have to be hidden. >> reporter: jayme is back with family

morgan. it is remarkable to see the build in operating income from 2006 down, and then just coming back. we forget how much money they are minting, even the troubled banks. jonathan: many of these through last year across a range on wall street. i caught up with david solomon a little earlier to get his view on global growth. this is what he had to say. the global economy is in ok shape, i think. our economists are talking about 3.5% global growth. we are talking about 2.4% growth in the u.s.. if you look at just the economy itself, i think we are doing just fine. the growth trajectory maybe has slowed a little bit, but the underlying economy is chugging along pretty well. there's a lot going on in the world at a high level, particularly around some big picture macro issues, whether it is the shut down in the u.s., the trade negotiation between the u.s. and china, brexit, just to name a few. think markets are watching these, and it is a lot to digest. i think that is actually the big thing people are focused on. how are these issues going to progress, and what impact will those have on the underlying economic activity we are seeing? jonathan: you've already made