katie: joining us now is kathy jones and eric nelson of wells fargo. the data was messy this week that what we learned about the labor market in december, it feels like there is more optimism about the economy, is that premature? >> i think what we are in is an up-and-down rolling recession type of economy with areas of real weakness like housing and disinflationary pressures stemming from the supply side coming back and consumer spending. on the other hand, you have a firm labor market still and a fair amount of rebound in terms of optimism in the global economy so it's a mixed picture. our view is that we are still in a week -- a weakening economy and the risk is that the fed tightens into that and we will in the second half get a much weaker economy. katie: let's talk about what that means for the fed. it feels like we have the market trying to fight the fed but there is growing optimism, one that's been supported by bed numbers that there will be a further downshift in february to 25 basis points. we heard from the fred's desk the feds chris waller

kathy jones at charles schwab. an update from individual airlines.cause you called it a nothing tweet and that is the mystery. jonathan: this is what we have from american airlines. a nationwide system outage affects all airlines. we are monitoring the situation and working with the faa to minimize customer disruptions. if you are tuning in and wondering what this means, this is all we know from the faa. the faa told airlines to pause domestic departures until 9:00 a.m. eastern. what the team are getting clarity on is does this apply to international flights? tom: you go to nova scotia and turn right and then wave. jonathan: i can only share the language from the faa. this was the third update of the morning. the faa has ordered airlines to pause all domestic departures until 9:00 a.m. eastern to allow the agency to validate flight and safety information. if you're just tuning in, what we had earlier this morning was an announcement of a failure of a key pilot notification system operated by the faa that has disrupted air travel throughout the united

working with the wonderful kathy jones. that was a beautiful paintbrush of where is the catharsis. there are many people with a lot of experience saying where is the pain? i don't think there is pain because we have this massive stimulus. lisa: you think maybe rates will not go as high and maybe the economy will not be so bad and maybe the layoffs will take care of extra costs and liz and is pushing against that. -- and liz ann is pushing back against that. how much are people secretly long tech? tom: they talk about the bidens stimulus night think we have under played the bidens stimulus. his may be what we haven't seen the catharsis yet. lisa: because it is still taking out and you have china coming back online. tom: we will see. important economic data in less than two hours, john gray of blackstone and we will do that in the 8:00 hour. this is bloomberg, good morning. ♪ lisa: keeping up-to-date with news from around the world with the first word -- in ukraine, the president of ukraine think the u.s. and germany for the

jonathan: kathy jones. equity futures look like this on the s&p. up one third of 1%.t eight: 16 am here with the inflation report coming up. maybe is it commodities inflation or is copper is just a statement on china reopening? to me that overwhelms any industrial inflation. >> we went into the start of the year with copper looking quite tight, stockpiles very low levels and people thinking about china reopening investment, we got some news this week they are going to invest many billions in electricity grids and that is a huge demand driver for compost. people see this as a very strong story and of course with copper feeds directly into the economy. tom: does that float over to other things? like aluminum? >> aluminum is driven by, you know, things like investment and electricity. if they are going to boost the economy with spending i think a lot of different metals look tight. it drives huge demand for copper, nickel, new metals like lithium. jonathan: so we drained the spr aggressively last year. we are told they are going to try and refill it and china starts to r

. >> travis jones wasn't alone. bob sister kathy had her doubts as well.hy knew bob suffered from ptsd and took medication, but she refused to believe her brother would kill himself. >> he could have part of his finger hanging off, he would duct tape it up and keep going. >> yeah. that's the kind of guy you saw as well? >> yeah. >> so, uphill popping brother did not make any sense to you? >> no, did not. >> suspicions deepened. a week later when they travel to bob's funeral in tennessee. deep in their grief, they saw friend who reported bobs death to the police and was back in the community as police continue to look into. it his name was chuck chuck kasmeryk >> how would you describe him? >> there was something very creepy. >> when he stared a you would like he could stare through. >> he seems like a tough military guy. >> there was a look about him. >> the cold stare. >> yeah. >> then kathy got a copy of the 9-1-1 call, and what you heard, it sounded like the verbal equivalent of 1000 yard stare. >> mr. mcclancy ex -- appears to be expired. >> i played t

jones with. >>. >> . >> welcome back prospect of banning gas stoves stilling guns blazing, the debate is certainly raging new york governor kathying fossil fuels for appliances in new billions in new york, as well as denver san francisco pushing some measures jeff flock is looking at impact. >> homebuyers don't much like it maria that blew frame of natural gas has become very popular big amenity for a lot of o homebuyers, restaurants use gas almost exclusively even mayor new york city, said recently, gas just cooks better you can control the heat that sort of thing despite that multiple jurisdictions in the u.s. passing legislation would phase out or ban goes stoves in addition to ones you mentioned los angeles san diego seat new york city the ledgelation on the looks now the agents that we talked to, real estate agents we talked to say you know people just want that gas, and the replacements would jack up price of the home, listen. >> the problem that is it pushes people into another option that at this point is just more expensive. induction ranges more expensive headingisms geothermal wonderful amazing but expensive. >> if y