. >> i'm amanda lang welcome to bloomberg markets. here are the top stories we are following. jumped to a record high as donald trump stocked up to -- stoked optimism about a trade to with china. decision,ls of a rate christine lagarde signaled cautious optimism. -- u.s.rnment regulators are ramping up efforts to counter specific -- specific suspicious transactions. where off session highs but the s&p 500 is trading at a record high on trade optimism boosting investor sentiment. we're talking about the s&p 500 being led higher by energy and financial sectors. the dow is also up one half percent. now at thet texas highest level of debt since september. gaining.ave financials look at the 10 year yield now at the highest level. at one point it was topping 1.9%. this is after four days of fluctuations. >> you mentioned financials. i want to take a closer look. we have jpmorgan, bank of america each of 3%. this is the intraday basis. a longer-term chart will show you where looking at levels not seen since october 2007. precrisis levels for this index. the expectation for the value

amanda: i'm amanda lang in toronto.inister energy abdulaziz bin salman took production down to levels we have not seen on a sustained basis since 2014. he explained in an interview with an recorder and -- annmarie hordern, why the necessary -- by the cuts are necessary. >> the markets require it. there will be additional stock in the third-quarter. we think the best thing to do is to preemptively double our production to make sure that we this as we go on to the end of 2020. annmarie joins us now from vienna. an important interview there. it was a surprise. theeep saying these are deepest sustained cuts, which suggests we worry about the sustainability of them. did he say anything about that, that we can rely on them lasting? annmarie: he said they had to take action because of what is coming on next year, so they are preempting that oversupply that many analysts were talking about. certainly was a massive surprise to the market. all the traders, analysts have been saying today, opec was going to be a nonevent. that 500

amanda: i'm amanda lang in toronto.ve schwarzman is not afraid of a recession coming anytime soon. instead complex don't's ceo and chairs says it is political disruption that he is watching as the biggest risk to global markets. stephen: i think what it takes china --ual opening of if we are just talking about their adoption of more traditional types of practices that would be in the developed world. i think they recognize that, over time, that needs to happen, and it would be good for them. but it represents major change from the way china has been managed. , these negotiations have not been the easiest, because you are asking someone to adopt different types of approaches that are more common in the developed world. ever't think china will abandon a lot of the fundamental tenets of its system, but the game is to rebalance in a way that makes a lot more sense as china becomes wealthier. amanda: i know that you said you are not afraid of an imminent recession, but there are shocks that could happen. is trade them when y

amanda: i'm amanda lang in toronto.ank of montreal is making the industry deepest job cuts in more than 15 years, a move that overshadowed the banks earnings beat. it is the second the canadian bank to report their earnings. us from toronto is john aiken, barclays director of global research. it is a deep job cut, it will be a big restructuring charge, putting off by fax for a quarter or two. characterize these cuts. is this something the bank had to do, will others have to follow? series ofave seen a restructuring charges from the banks. if you take a look at what the banks have been doing, they have been restructuring, trying to improve their inefficiencies. whether they take a restructuring charge depends on the depth of the cuts they are anticipating, as well as the timing. , it wasaround, bmo anticipated by the market that we would see a restructuring charge. don't believe we will see this with the rest of the banks this quarter, but you never know what banks may need in 2020, whether or not revenues come in line w

noa lang scored a hat—trick in bizarre circumstances.—kick, the twente keeper attempted to head clear a back—pass. he inadvertently headed the ball against another of his defenders though, gifting lang his third goal. he'd already wrapped up the formula one world driver's title for a sixth time, but lewis hamilton ensured he ended the season on a high with victory at sunday's abu dhabi grand prix. the mercedes driver led away from pole position and cruised off in the distance, untroubled by anyone behind thereafter. red bull's max verstappen was second, charles leclerc‘s ferrari third but the day belonged to hamilton who dominated throughout to win the 84th grand prix of his career — moving him to within seven of michael schumacher‘s all time record. pablo larrazabal has won the alfred dunhill championship despite playing what he called "the worst golf of his career". the spaniard, playing with a badly blistered foot, must be wondering quite how he won it. his final round in south africa included six bogeys and a double bogey. he managed

lang, co-founder of crowd cube.ave bad days. it was a bad hair day. but let's talk about your morning routine. what have you been saying to us today? she sounds like the bionic woman! a gymnasium at home. so many apps. we've had them here. you follow your routine. do you gym at home? no, i walk the dog. don't do as i do. the dog forces are routine. have a really good day. thank you for your company. goodbye for now. good morning. nowhere near as cold as it was this time yesterday morning, temperatures for many of us stayed above freezing overnight. this big area of high pressure dominating things across many southern areas of the uk, outer towards northern and western areas that's where we have these weather systems and you can see her on the satellite imagery you've got that cloud. there is some cloud this morning across the uk, quite low level cloud and are kept at temperatures above freezing for many of us. one or two packets of frost to the south—east of england, mist in full care as well, that will tend to lift

amanda: i'm amanda lang. our bloombergby audiences. u.s.emocrats and the trump administration have reach an agreement to move forward with white house replacement for the north american free trade agreement. we will have the latest. ceo says he want cap shareholders as the bank restructures. and we will tell you about how a is exposing trade massive risks in the junk-bond market. 500 popeeing the s&p higher. fluctuating.stocks we are talking about central .ank decisions we are seeing real estate and materials when. new york life insurance discussing with cigna tobias unit that sells nonmedical insurance. unit thato by its sells nonmedical insurance. it's all about the usmca. don't forget what's happening today. wto's most critical function as a global trade referee affected shutting down. we are talking about the appellate body lacking judges. have seen global exports falling throughout this entire year. thatf the very few times we've seen such extended losses during a period without recession. amanda: one thing i want to show you as we div

amanda: live in toronto, i am amanda lang. welcome to bloomberg markets. your are the top stories we are following from around the world. step forward for the new nafta. the house of representatives has geared up to vote to ratify president trump's trade deal between the u.s., mexico, and canada. u.s. stocks rising to record highs. the s&p 500 broke 3200 for the first time ever as investors look ahead to the new year. plus, a steeper yield curve showing signs of optimism in the bondthe s&p 500 broke 3200 for e first time ever as investors look ahead to the new year. plus, a steeper yield curve showing signs of optimism in the bond market. the 2/10 spread has widened amid rising inflation expectations and improving growth outlook. shery: let's get started with a quick check of the major averages. u.s. stocks at record highs with consumer and communication stocks leading the gains on the s&p 500. wti at a three-month high. it seems the markets are completely ignoring the impeachment of president trump, taking more cues from process sentiment on trade. china

toronto, i amn amanda lang. welcome to bloomberg markets. here are the top stories we are following from around the world. china and the u.s. have agreed on the text of a phase one trade deal. we will have more details. the starts on brexit as boris johnson's decisive victory puts the u.k. on course to leave the european union next month. here are the top stories we are following from around the world. deutsche bank's bonus blues, the bank is considering deep cuts to bonuses this year as the chief executive tries to cut cost and a radical restructuring. on the let's get a check major averages, two and a half hours left in the trading day. it has been a flippy day but it started out great to know when it looked like there would be a definitive trade deal. it didn't turn out to be the case. the s&p 500 up just two points now. deutsche up just three points. here is where all the action was today. the ftse 250, more domestic focus, it hit a record and 3.4% right nowp with some certainty in britain now who will be leading the party, who'll be lea

amanda: i'm amanda lang in toronto.donald trump is reinstating tariffs on steel and aluminum from argentina and brazil. also, we are hearing from commerce secretary wilbur ross, that the president will increase tariffs on china in washington and beijing do not reach a trade agreement. this is a couple of things that really sent a tremor -- the south american stuff not helping. sarah, would you agree that the negative tone on china is the bigger weight on the markets? >> absolutely, the markets, investors, everyone hanging onto everywhere the trump administration or china says about what's happening in the closed-door talks to get a trade deal. any negative tone, any threat, any idea that the tariffs will not be rolled back, but more could be put in place, is a sign , as the market showed today, is making everyone nervous. shery: of course, it doesn't help that president trump just signed the bill backing hong kong protesters. moments ago, we had the global times tweeting this about another bill that could be passing the

i'm amanda lange. shery: i'm shery ahn in new york. using u.s.na trade tensions have lifted copper to their highest level since july. the risk on rally has logged on gold. is signaling a change in 10 yields.asury to help us break it down, let's bring in katy rifle who spoke with him earlier. how high does he see yields going? katie: he is looking at this ratio with copper to gold. copper has been accelerating versus gold. it is at its highest relative price since july. gun lock is looking at that relationship and ratio and he thinks that speaks for a 10 year yields to be closer to 2.15%. we are at about 1.88% right now. that would be a big move, 25 basis points. course, copper moves with economic prospects, i guess we would expect it to move on relief around china. what about gold? has it been driven by fear and that is why we see a disconnect? katie: exactly. if you look at gold prices, they peaked at the same time that treasury 10 year yields bottomed. both of the assets really react to economic fears and trade tensions in inflation inputs. cha

jimmy lang, who you see pictures of the ejection, jim lang ejected twice over there. got a mig, shot a mig down, and -- and the other one is smash nash, who's in the picture. those of you that have been around naval aviation know john nash, his reputation. he didn't get that call sign because he was gentle with airplanes. call sign was smash. and he got a silver star for saving jim lang's life. in north vietnam. and the brotherhood, the brotherhood is real. it exists today. it was in san diego on the 1st of may. you see them after 50 years. and the only reason the school has gone on and grown to what it is today, internationally now they have the reputation, bar none inta tactical aviation. if you get up torino, go and see it. it belongs to you. you paid for it. they got their problems right now with politics and -- same business. it's almost gone full circle from when we started. got an airplane you don't really want, don't know how to use. it's late. but we won't go into much of that. it worked. the schoolworked because of the individual. and here's -- here's my las

touch of bernard lang are looking for my ball in the tree stopping the conditions are much better than are much better than they were yesterday. sydney is still enveloped in a circle of smoke haze, there are 100 bushfires raging right 110w there are 100 bushfires raging right now in new south wales. the air quality hair is the worst it has ever been for a prolonged period, but today there is a pleasant breeze blowing and it is moving the smoke around, so currently, just over my shoulder... you won't be able to really see it, but over my shoulder you can see all the way to the cbd. it is not far, three miles or so, syd ney it is not far, three miles or so, sydney cricket ground is just a couple of miles away. i don't want you to get the wrong impression, we are not by the beach here, we are very much in the heart of the city, and i'vejust very much in the heart of the city, and i've just come off it right now where i have seen a tetchy paul casey telling the galleries to be quiet, that is on hold one. adam scott missing a very short part for birdie on the first hole as well, and sergio

a company lang pipes for the nord strain to gas pipeline between russia and germany says it has stopped construction the subcontracting all things says the move was in response to u.s. sanctions on friday president approved sanctions against companies involved in the pipelines construction the us has criticized the project for handing too much power to russia. the sanctions on the north stream to project are included in a wide ranging us defense spending bill president signed the legislation into law at a ceremony held at andrews air force base just outside washington. now my honor to . sign the 2200 a national defense authorization act into law. the sanctions target companies involved in the almost 10000000000 euro project to double the pipeline capacity carrying russian natural gas to europe's leading economy germany most of that pipeline has been completed all seized the company building the unfinished section through danish territorial waters announced it was holding its work in anticipation of the new law washington had made it clear in advance that noncompliance would have consequ

this is bloomberg. ♪ amanda: this is and i'm amanda lange in toronto.e best performing hedge funds is investing in europe, making winning goals more than 3000 miles away in greenwich, connecticut. we bring in a reporter who covers wall street for bloomberg news. perhaps not surprising, given the discounts we are seeing on the bloomberg, showing european large caps really discounted relative to the s&p 500. where is the opportunity for lucerne? >> just 8% of european hedge funds located operations in the u.s. what does that mean? they are betting on ferrari. they are large companies. there is a bit of a valuation discount here, relative to elsewhere in the world. another thing lucerne had said was that a lot of the european executives coming to the u.s. do not have meetings with everybody on wall street, so they are able to find opportunities by meeting with executives on u.s. soil. amanda: pretty good returns here, 12% annualized over a recent period. what is the differentiating factor? sonali: part of this is they are not the only people looking to eur

professor andre lang koff has been studying north korea for 30 years he's written numerous books on the country and visited the so-called hermit kingdom 6 times including a one year stay in the 1990 s. he is currently researching the north korean fishing industry in order to reveal the truth behind the ghost ships mystery. since the ninety's we had a message client. state or if your actions if you will use to go in for that at cheap prices from the soviet union china summit became unavailable the cigarette fossil of the cotton loft lauch ships and if you spent a lot of money to be able to lunch it's ok to acquire a lot of highly expensive if you ever get told a few they paid and as a result of this stay around industry collapsed. after the breakup of the soviet union the cost of oil rocketed for north korea forcing it to retire most of its big station fishing trips and lay off thousands of fish and as a result i mean ploy individuals were allowed to buy registration licenses from the military that gave them the right to own and run private fishing boats even though on paper these boats

. >> in toronto, i am in for amanda lang. welcome to "bloomberg markets."ere are the top stories we are following around the world. - amided the smiles - the smiles, tensions are threatening to overshadow the nato summit. the $28ng big ag, billion farm bailout may be paying major growers more than the trade war with china has cost of them. larry page and sergey brin exit stage right, the founders of alphabet end their attempt to turn the company into the warren buffett of tech. sherry: let's get a check on markets. of greeneing a sea with the s&p 500 jumping the most in over one week, reversing three sessions of losses. theave another u-turn for traded narrative, more positive sentiment that we could avoid that december 15 tariff. we can see every sector on the s&p 500 and the green, energy and financials leading the gains. the financials rising as we see yields a gaining ground, this after the 10 year yield saw the biggest decline since august. oil is also rallying. we had u.s. stockpiles of more than expected, not to mention we are heading toward the opec

alexandra lange: not only are all of these artworks immediately recognizablble icons of post-war american art and design, but their second generation japanese american makers share a common bond beyond their ethnicity.

i don't know much about lang pipelines but personally i would try to avoid that courier going through. and so some very high paid engineers move the pipeline away from the rocks and went to better soil. the mayor of park river came to that same meeting and said i don't know much about pipelines but you are going right through the aquaphor that serves the municipal aqua water supply for community. i think it we better if you moved it. and so i paid engineers to move it away from their aquaphor. and the collective wisdom of the people of north dakota, and individualism of the individuals in north dakota, i learned something to not be taken for granted nor wasted. which is why in my service to the house, and here get in the senate, i spend so much time holding town halls of all types so that i would not rob myself of the value and benefits of the collective wisdom of the people that i serve. and so i am just so grateful to senator hoven, he is a skilled and accomplished leader. he works tirelessly and you all know that. you have to be when you're from north dakota. he has relentless in p

amanda: and i'm amanda lang in toronto. we have the top stories from around the world. the fed is in focus. investors await the fomc decision in just a few minutes. plus a big week for trade negotiations while the u.s. mexico canada agreement could live the cloud over north american trade relations. uncertainty over trade and tariffs are still front and that -- front and center for investors. ken griffin, billionaire, has a lucrative money machine, more so than you might think. check: let's get a quick on the major averages here at and,of the federal reserve perhaps, more importantly, a sense of where it might be headed. saudi aramco trading for the first time today, up 10% on the day. broadise you are seeing markets trading sideways ahead of the action. a couple of stocks getting attention, including home depot down on the forecast. boeing trading on news that the planes might be grounded longer than some had hoped. loomingts are still over the markets and we have a wait and see approach for most of them. otherwise, sideways. a quick check on the pound, here is one tha

. >> they shout in the local lang which, it is time, time for the president to leave.ay he broke a promise he made to the people who brought him to power three years ago. >> we are protesting because our president had entered into an agreement with the people in 2016, that he would serve the transitional government for three years. thereafter he would hold a presidential election in which he would not be a participant and whoever emergence as a winner, he would graciously hand over to that person. >> instead he says he wants to stay in power until 2021, saying he is respecting the constitution. but in 2016 with most political leaders in jail, the opposition rallied behind the president, then up local outsider. they had protested under the slogan gambia has decided when the longtime president refused to concede defeat during that year's presidential elections. barrow told al jazeera at the time he would respect the will of the people and only lead the country to its transmission to democracy, organizing elections in which he would not take part. parties and i am a busin

it's also important to show that those issues don't represent the whole picture essentially artie lange of the. deadly forest fires in the australian state of new south wales have been raging for almost 2 months now firefighters gearing up for hotter dry and windy conditions next week when the temps are expected to reach 45 degrees celsius there and amid all this the country's government has just launched an expensive ad campaign designed to boost tourism leading some to wonder about its pirate. majlis curious. to know where i'm sorry if you just need some spice now for. a laugh. tourism australia should be under investigation for false advertising thought i'd has no open interest minds offshore prisons smoke shops cities the bushes on fire and the car was a bleached deer australia probably not the best time to run a tourism but anyway call me when you have a science based crime class. brits walking into australia after seeing the kylie minogue tourism ad. while 2020 is just 3 days away and party boy has been picking out the political shock waves that defined the outgoing year in the la

you walk into stores clubs, langs lost time youk at people's feet, younger people even older they have on a pair of jdans if there is a pair of sneakers. you don't see the other brands as much as you see the jordan brand and nike. i think that history, the perfection, the fact that people know what it >>is. right. i owned a pair of jordans. iood at my closet i got $2,000 of jordan. that's the brand we recognize, a young urban guy from north philly. you gol to schou had a nice pair of jordan you were the man. you got a date everything was fine. listen, the jortden brand, at's what it is, the history, the connected to the culture, connected hiphop culture as long as they uphold that i thing they'll nev anywhere. it's not surprising any got the billion-dollar qureter. >> comt to the shoe that is steph curry put out or lutron put which were also hot. >> yes. >> but differentiated for for me if you can. >> history. people -- lebron sneaker good. steph curry ispy i love poob touching mieshlg jordan. that's perfection. the difference and is when you sign to the jordan brand as a player. you g

i wish it could live longer to me just justice lang handle. the captain i have an old granma lives next door she's a proper horsey grandma and peered over. the world. her are. even your christ child i hope our fish will survive this terrible disease and i could be seen the copies have died already it was awful for me and my family my family. egypt. dizzy profession are sick too now we had 51 is very sick 2 are in sick and 2 are a little bit sick. are young guppies have got it too now only 2 are still alive they didn't die from the disease they were eaten by the other fish. i was even there still alive and 16 and pushed back and was. guest on his desk but their names changed daily. who. designed and when. they should get a christmas present. put the tap lead that they should get food to different types of food so we can see what they like more and invest much backings anguish and fun and i'm back at our fun and i also want to laminate a picture say merry christmas for them and hang it in the water and decide. to flash 12 i happen to. christ chi

rise it's also important to show that those issues don't represent the whole picture easily artie lange of the. deadly forest fires in the australian state of new south wales have been raging for almost 2 months now firefighters there are gearing up for hotter drier and windier conditions next week with the temperature expected to reach 45 degrees celsius amid all of that the country's government has just launched an expensive ad campaign designed to boost tourism and that's led some to wonder about the priorities. oh mild us to me. there that's you you just need some spice if. you. tourism australia should be under investigation so full stop the tossing the tide has no hope and get mines offshore prisons smoke shops cities the bush was on fire and the car was a bleached deer australia probably not the best time to run a tourism anyway kumi when you have a science based crime plan. brits are walking into australia after seeing the kylie minogue tourism ad. finish with in case you missed it in the 3rd installment of polly because review of 2019 well among other things she looks at trump'

expecting something not to happen here if it continues to contend with in high, then it's going to lange wish along here. that means little is going to happen by selling a call spread you look to get paid for that nothing to happen. and if it declines. >> what's the risk on that selling the call spread. >> the risk is of course. >> the call spread. >> the risk you are taking is the difference between the strikes which is a dollar 67 and the 70 cents you collect basically, you know, you're not risking a great deal but the risk happens if if actually in turn breaks out. but it has to break out in within the next month because that's what it expires. >> that's a good discussion. i learned something in that. good day for everything "options action" go to our website, "options action".c nobz.com and while there check out the news letter. it's all right but in the meantime on the television here is what's ahead. >> there are some car max it's disbelieve car max racing higher this year. and if you bet on more upside ahead our mike khouw lays out a trade too good to pass up. >>> plus calling all

he inadvertently headed the ball against another of his defenders though, gifting ajax's noa lang thextend their lead in the dutch eredivisie to 6 points. you can get all the latest sports news at our website — that's bbc.com/sport. but from me and the rest of the team, that is your monday sport briefing. we ask you at the beginning of the programme, should we protect punctuation or should we just give up. this following john richards, who is someone who started the' protection society down in 2001, you can see the website here. —— apostrophe. he says he is giving up on project in the much abused apostrophe because basically m ista kes apostrophe because basically mistakes over and over again, people are ignorant and lazy in modern times, this is a 96—year—old john richards, who is giving up. so we asked should we give up or should we try and preserve punctuation. joe says "we need punctuation, and the verbs are completely useless. " keith says "no we must not give up, the barbarians at the gate, but observing standards is worth the effort." and then paul anthony taylor says "the writ

the fashion house is decked floor to ceiling with works by feminist british artist pennies lâng5. is the shop a which is the positive feminine force who is both graceful gentle but also very powerful and then in viewed with great industry. maria grad securities main inspiration for this collection was the writings of austrian americann architect rudolph ski what else he was a well known curator at new york's museum of modern art in the nineteen fifties and was actually against the idea of fashion appearing in museum collections. deeming it insufficiently timeless. i think that his approach was very critical because it was another he started con moment but they now include sure is they only spaces wherere really. you can try to make something timeless but- dusky was the was the afd that that in some way the fine. the idea of the mediterranean style they live these idea to be. in contact with the natural and i meant to leave in a style of life and not be that that they help you to feel well is very strong. also providing a source of inspiration the huge stone sculptures of women tha

bruce lang spoke with flat. he says he is preparing for the next downturn but we are not quite there yet. i don't see anything in the current economic environment that tells us something will happen tomorrow morning. that, we are close to 11 years in this economic cycle. i don't think economic cycles have been repealed. some countries are heading there today, particularly in europe. because of that we have high stock markets and there will be disruption in credit markets and stock markets and our view is when you are in an environment that is more robust than you might otherwise have you should be careful. powder and cash on our balance sheet, the balance sheets are more long-term, getting ready at this point where we can capitalize on situations if the market is current. don't, we will be fine but we are more cautious today than we were in 2009. there are places today that are like two thousand nine in the united states. a financial crisis situation similar to what happened in the united states in 2009. shapenk

as format lang or meddling or for non-meddling, you suggested we read the russian report. we read it. there was no proof of any collusion. i would like to repeat it for the fourth time now, to publish that data that would show how russia responded, through a special channel. this is a specially-designated channel to review threats in cyber networks, to show how russia responded, how russia suggested to discuss this confidentially through this channel, how all these proposals were rejected by obama's administration. i think publishing this data will not hinder the transparency, and that would not be bad for special counsel or mueller, for his report to reflect the full feature. edit will be interesting for journalists to read. so i can for my proposal once again and would like to add a few more words. when mike responded to the said thequestion, he suggestion to widen the circle of those who would talk about arms control or nuclear arms there must be, as he said, a set of conditions, not the final limits. we it is the first time that have clarification by an official repres

his sidekick was jim lang, long time san francisco radio and tv personality. >> 745 shows we've already got to be sick of us. >> good morning. >> this is the 1966 first episode of channel 7's first morning talk show, called "a.m." with jim dunbar from kgo radio and former miss america nancy fleming. shot in black and white but soon the first to broadcast in color. this production of "beauty and the beast" by the san francisco ballet. just in case you thought the stations had come to high brow culture. wise cracking former stripper was ready to set you straight. all this time channel 7 was still sending out signal from mt. sutro, but the bay area was growing and needed a taller tower to reach the far suburbs. modern sutro tower finished in 1973 to be shared by most of the local television stations. old mansion was declared a fire trap and torn down but the crew saved one stained glass window now on the wall at sutro tower office. >> what a great look back at 70 years of abc7. we're all very proud to be part of that continuing legacy. >> it's so fascinating too. there is more, part two wi

bloomberg anchor amanda lange sat down exclusively with the ceo of canada's asset manager.is preparing for the next downturn but we are not quite there yet. anything in the current economic environment that troubles us, that there is going to be something happening tomorrow morning. having said that, we are close to 11 years into this economic cycle. i don't think economic cycles have been repealed. there will be a recession in the developed markets at some point in time. have very that, we high stock markets, and there will be disruption in credit markets and stock markets. in view is that when you are an environment that is more robust than you might otherwise have in an average environment, you should be careful. more cash on our balance sheet, our balance sheets are more financed long-term, getting ready for the point when we can capitalize. if we don't, we will define, we will just keep investing. but we are more cautious today than we were in 2009, for example. had, other than the ones we were keeping. every dollar we had, we knew that if we invested, we would be fine

. >> hannah lang, american banker. about theseask agencies joining together without a proposal from the fed. are you concerned this might cause confusion and how might the mechanics work? chairman powell: we know the cra is an important law we are strongly committed to the mission of ensuring banks provide credit throughout the communities. we also think it's time for modernization and worked very hard to align with the occ on a proposal. my hope is that we can still do that. see.ll just have to i'm not sure what the path forward would be, we would not want to create confusion or ifsion between the regimes they do turn out different. to come upon't have but we will if we have to. brian chung with yahoo! finance. said something colorful about the labor market. seems well explored , but what would you need to call the labor market hot, in that case? wages.n powell: really, that are 70 other measures suggest the labor market is strong. i don't really want to say it is tight. someone asked me about a hotly market, and i wi

. >> live in toronto, i'm jon erlichman in for amanda lang.oomberg and bnn bloomberg audiences. shery: new leadership at boeing. ceo dennis muilenburg is out. the board has named david calhoun as president and ceo effective january 13. it is the stuff of hollywood in treat. credit suisse is drawn deeper into spying scandals, placing the blame on the shoulders of its former coo. the daily fantasy sports company draft came's it is merging with a special-purpose acquisition company, allowing it to become public while forgoing the typical ipo process. shery: jon: [no audio] jon:shery: jon: we have seen res once again for the s&p 500 and nasdaq. toronto.ing out in the eight gained in nine sessions. optimism surrounding china, cutting tariffs on a wide range of goods. some optimistic fund flow information, the bank of america reading of where equity fund flows are going suggest that over the last week we have seen the highest level in three months time. another chart that highlights some of the optimism in the market. this is the american associatio

that is it from auld lang steyn. have a swinging day. next year to launch the roaring '20s. here is gregg jarrett in for sean. >> gregg: i am so old i remember the last roaring '20s. mark steyn, great show. welcome to the special edition must be 25: the." i'm gregg jarrett sitting in for sean tonight for the hour. we will expose the destructive democratic agenda and assault on facts, fairness and the american dream. tonight, we began with the blundering joe biden, whose biggest 2020 opponents continues to be himself. as he clings to his so-called front runner status in the 2020 primary. you know what, voters don't seem to be buying any of this because old joe was again heckled on the caai

according to the official shantel coma's to lang flowers at the ruins of the church his last appointment of the day. a day earlier the rumor had begun to spread like wildfire that cole would take the opportunity to give a speech. crowds began to flood into the square. would he or wouldn't he address the people. that was. the speech had been announced by this man cabot wagner he was one of the organizers of the non dutch and every monday demonstrations against the east german leadership that were taking place that all to. revive guns i had fought and won those kinds of our hats and it's been a common hi-z. we want to give the west german chancellor a warm welcome and i know enough known care to share and listen to what he has to say when he lays a wreath at 4 o'clock at the church ruined by how instance our heart of the. after rain if occasion have a doctor has served as man of dresden for several years. how had he known that cone would give that momentous speech for your target for didn't know and. for days earlier the deputy mayor had approached me and said it was possible that the chan

i am greg toronto, in for amanda lang.: secretary of state visit ukraine this week in his first trip to the country in the heart of president trump's impeachment. still drowning in gift wrapping. we will explore what happens to your holiday trash and how the recycling industry is encountering tencent turbulent times. roll off thelas assembly line in shanghai with plans to ramp up fast. >> quick check on the major averages, we are seeing a bit of selling. second to last trading day of the year. a great your overall if you have been long in the markets. coming off the lows of the session. keep in mind, volume is like. the broader market, s&p 500 down nearly half a percent. the nasdaq, the biggest percentage wise. the nasdaq alone up 35% this year. here in canada, we have some winners and losers of the canadian stock market. some tech names have looked good, some pot names that have not looked good. what a run they have had, sort of a sleeper hit in canada. shop of five, or one of our tech darlings. think about the cannabis n

lang didn't like that unit. and maybe a cabinet can be added and that solves the storage concern, if that unit is still available. i request two months. i think that would give us enough time to really make a good effort at it. if that unit is no longer available, we'll look for other units. one month is tight, but we'd appreciate anything you can do. >> commissioner walker? >> we gave you a month. i'm just saying that part of what the continuance was last month was to allow time to do a resolution. and so the thing is that i would uphold this anyway because my understanding -- i mean, maybe our attorney can tell me to answer that question of when we hold an abeyance, does it still exist and we have to disclose and all of that. i can't answer that. but maybe we can get a -- >> my understanding is that the abeyance period, the department wouldn't record it until the period ends. it wouldn't show up in, like, a title search. but i can't say whether or not they would have a duty under real estate law to have to dis

rich quick and soon after the trade deal was signed as sam harry born angle miles quota they paid langeto mark $2200000.00 u.s. dollars over 4 years well below the market rate but they transferred a further $4000000.00 to a dubai company $200.00 vala. owned by fish cause chairman james had. the money. to the bank of gentian to buy was for james to distribute further like to the minister of fish for the sharks and also possibly to the big politicians in the country. the invoices for almost all of the payments that sam harry made to james and tamzin had a cool e.p. describe the services they provided as a consultancy. this use of the word consultancy is typical in bribery tales. given that there's very strong evidence bribery occurred. and that the bribes but channel through a myriad mysterious entities offshore companies and trusts. i think there are 4 grounds to investigate saberi and his associates for money or. the documents also appear to suggest that shange galah has been receiving money for securing the angolan deal for sam harry. you know one of the well connected political indivi

that is it from auld lang steyn. have a swinging day. tucker will be back next year to launch the roaring '20s. here is gregg jarrett in for sean. >> gregg: i am so old i remember the last roaring '20s. mark steyn, great show. welcome to the special edition must be 25: the." i'm gregg jarrett sitting in for sean tonight for the hour. we will expose the destructive democratic agenda and assault on facts, fairness and the american dream. tonight, we began with the blundering joe biden, whose biggest 2020 opponents continues to be himself. as he clings to his so-called front runner status in the 2020 primary. you know what, voters don't seem to be buying any of this because old joe was again heckled on the campaign trail sunday in new hampshire, take a look at this. >> okay, this is not a trump rally. okay? >> [indistinguishable] >> all right, i agree with you, man. i agree. nice talking to you. >> this is a democracy. i hope it does, i hope it does. let her go. >> gregg: quid pro joe, they were shouting and a few other things you may have

lang to be here, and thank you for coming, to hear your testimony, and to your neighbor, who has your back, i do agree with everything you said there as well. so it is good that you guys are working well together and protecting each other like good neighbors in this town. >>> we don't see too much of it often, so i commend you for that. i know we talked last week, and we had made a statement we would give it one month to try to resolve this, and i really believe that that is kind of my line on this issue, but i've heard two things today. first of all, mr. duran came here today and kind of laying out how he felt the negotiations went, and open they are to further negotiations, and that was important. and mr. patterson's point of view that he really doesn't want this to be upheld because it affects the overall business plan for his client, and i get that as well. so the question is, is mr. graham -- forgive me if this is inappropriate or appropriate -- i would be interested to hear what your position would be. i have just one question for you, where you would weigh in on -- commissioner

our own raj mathai and janelle lang will be on the field anchoring a special pre-game newscast. at 4:00, kickoff, the game is at 5:00. >>> ahead on today in the bay, remember that delorian from back to the future? well, the one you see right there, it is not hollywood, no, you got to see what stanford engineers coded that delorian to do. >> and i know you're worried about that niner forecast, but also, a look at the lake tahoe forecast. a beautiful view of lake tahoe. i will time out the rain chances for you and when you can expect, what you can expect on christmas day coming up. [ electrical buzzing ] [ dramatic music ] ahhhh! -ahhhh! elliott. you came back! kerrygold has a taste so rich it can take you to ireland's lush, green pastures. where grass-fed cows produce rich, creamy milk for a truly delicious taste. kerrygold. the taste that takes you there. >>> good morning, it is 7:42, hours away from officially welcoming winter, i figured i would start with a beautiful view of south lake tahoe. 47 degrees right now. and yes, the sierra is expecting more snow tonight, as a change