larry fink, for example. >> reporter: right, yeah, you've got republicans on here, democrats on here, this is part of the point that the president-elect was trying to make last night, that he says he wants to bring the country together, unify the country. interesting who's not on the list, trish, that would be gary cohn of goldman sachs, the coo who has been here speaking with the president-elect. rumored to potentially hold some sort of formal role, not on this list, could that be a precursor to what might come. trish: very interesting, blake burman, you will stay on it. thank you very much. >>> take a look at this here, this is the band guns n' roses, performing in mexico city, and they paused their concert so fans could eat on a donald trump pinata. unbelievable. really pretty unbelievable. you probably don't listen to them anyway. >>> donald trump poking fun at hillary clinton as their campaign aides get into unprecedented shouting match at postelection forum about the election. boy did it get heated. clinton's aides couldn't stop pointing blame on their candidate for her loss. th

interesting interviews on the topic of china with insight from christine lagarde, mark mobius, larry finkand others. disney's biggest foreign investor ever, a huge bet on the chinese consumer. coming up next, we turn to japan. abe and kuroda trying all sorts of stimulus to make a positive impact including negative interest rates. >> in theory it should spurn , some sort of action but people put their money in the metrics. >> this is bloomberg. ♪ >> the dollar taking a tumble after central banks cut interest rates with a fresh record low. an unexpected low aims to counter disinflation sweeping economies. is there more to come? >> i think there is. if you look at the statement, inflation will remain too low going forward. >> scott morrison delivered a budget he says is focused on jobs and growth after the rba cut rates for the first time in eight years. >> it's going to reduce the deficit from 37 billion in the current year to 6 billion by 2019 or 2020 but it relies on optimistic assumptions on the price of some commodities. >> australia's central bank have cut rates, they hope to counter d

. >> with larry fink, who i respect but disagree with on he's. very positive about donald winning. over the next four years donald will be successful. he's a smart guy. the danger is that you have all this money pouring in from america into etfs and etfs are sort of almost blind buying. if you're buying these stocks and you really don't know what you own, you're prone to these periods of time -- there could be a crisis and there could be a problem. >> what can of person are you looking for? >> i would like to see at the s.e.c., and i think this is very important and i've said this for years and years and years, there should be more accountability in corporate america. if you look at what happens in many companies, and i've said it many times, it's not a surprise that you build up a wall against accountability. and i don't think anybody -- very few will argue with me, you have many, many, many good ceos and good companies but you have many -- too many ceos should be, just like you would be removed. you're doing very well there. what i'm saying to you is you really should have more a

among them steve schwarzman from blackstone, larry fink from blackrock, jamie dimon from jpmorgan chase disney, mary barra from gm. there were a does or so on the list, the most influential. the president-elect says when he is in the oval office he wants to meet with these folks fairy regularly. back to you. melissa: interesting. we'll see if he listens. thanks for that. connell. connell: a story about bashing billionaires. there have been a number of mainstream media headlines last few days, slamming donald trump's wealthy cabinet picks. "washington post," headline was, collective wealth defies trump's populist campaign promises. "chicago tribune," populist trump fills cabinet with billionaires and wall street tycoons. but president-elect has his own message for the media. >> put on some of the greatest business people in the world. one of the networks said, why, he put on a billionaire! at commerce. that is because this guy knows how to make money, folks. connell: here now to talk about all this, erick erickson, the resurgent editor and fox news contributor and noelle nikpour, gop fun

a strategic and policy forum shared by blackstone strooef schwartzman and mary, toby cosgrove, larry finkb eiger. one name not on the list is howard schultz who announced he was stepping down as ceo of starbucks. he did take the time to chime in on the president-elect today. >> we as business leaders can recognize that we can make a difference and not wait for washington. obviously, the dysfunction and polarization that we've seen for years hopefully is not going to continue, but what's going to be coming out so far is not as encouraging as what we had hoped. >> nice exchange between schultz and ken langone this morning, two men who built entire corporate icons on opposite ends of the political spectrum. having a debate, a civil one, about education. >> there's a question about whether starbucks is -- that was a passion project of schultz's in particular. >> yes. look out for this weekend. referendum. we'll see what we wake up to on monday morning back here. have a good weekend. let's get over to headquarters and "the half." >> with why one notable market rally -- and could bring another

have here is a list of names, a who's who of ceos from mary barra, chairman of general motors, larry finkan of blackrock, bob iger, ceo of walt disney company. what you are looking at is a powerhouse group that will be available for the president-elect to turn to when he wants opinions and experience about these different industries and what we are seeing here is really historic. i don't think i have ever seen anything quite like this before. but i'm told that the group will meet on a regular basis, about once a month, with the president himself to discuss very big issues and on the top of that l list will be job growth and economic development. like i said before, this list really represents a bipartisan group of people so he will have some very diverse viewpoints to tap into. carol? >> all right. breaking news for us this morning. thank you. >>> so with that said, emotions are still raw 23 days after the election. that was abundantly clear at a harvard university event last night. trump's campaign manager kellyanne conway and jennifer palmieri, clinton's communications director, attende

steve schwartzman of blackstone, mary barrett, ceo of general motors, jamie dimon, larry fink of blackrock, bob iger of disney. i'm looking for gasparino, no, no, no, no. >> how about scaramucci? skybridge capital? neil: daniel jurgen, jack welch our friend, pretty big crowd. we don't know others who are there. >> and people who didn't necessarily like him. remember jamie dimon? neil: three people were not big fans, the former chairman of boeing. what do these kind of things prove? >> they produce nothing, president obama had a burch of them. neil: back here, i led this segment with it, and we did a little alert thing. >> i know, but you agree with me on the break. neil: i did, okay. well. [laughter] >> you agree. you didn't just agree with me, you put it in my head. neil: yes, i'm sorry. well, so you're saying and others have done this sort of thing. >> obama did. neil: ronald reagan are in sort of stuff. there were short meetings. what do they prove? just you want to what, you want to get them in the inner circle? >> want the business community to know that you're not insane. obama, his

. >> you were with larry fink. >> fink was practically apoplectic about it. t icahn was dead wrong in his characterizations of etfs and implied carl didn't understand what the structure was and what was going on. >> larry was defending the black rock business. right? >> absolutely. listen, larry made one of the great investments of all time. black rock bought i shares at a moment they weren't a big business. paid $11 billion. people said he was crazy. he still made the main point that he doesn't quite say -- doesn't quite understand how the industry works. >> the bigger issue is as you had all of this money going into the so-called passive investing, whether there is a bubble that is going to reverse itself, the moment that real volatility returns to the market, whether it is in the form of a bear market, the beginnings of such, a big correction, and then you're going to have active investing come back to the forefront, the cream is going to rise to the top. a cyclical thing as some have suggested on this network. >> i think if you're a professional, and you'r

i was with larry fink for lunch over at blackrock. he said it's the biggest honeymoon he's ever seen and you ought to stay long stocks into the inauguration and then reality is going to set in. >> is that your thought as well? >> my timing model says this grinds higher in the end of january, beginning of february, so yeah, my model agrees with that. >> losses on the bond side, what do you buy, where do you go? >> i think the convertible market right now -- >> convertible debt. >> not convertible debt but convertible preferreds. you won't capture the whole up side of the common stock but there's some pretty interesting situations that i think if you had to put money to work. >> what do you do with sectors? we established here the rotation that's going on here, get new leadership each day it seems anymore. >> yeah, and i like most of the sectors. i do not like utilities and the staples because a lot of people were playing these chicken longs. they bid up the cloroxes to 30 times earnings when the company tells you we're only going to gr

he's a black stone group, of course, and marry barra, jamie dimon, larry fink of blackrock, bob igerthe walt disney company. also on this outside advisory committee, doug mcmillan, the ceo of wall street. jim mcnerney, ginny rowmetty and jack welch. that's a lot of folks advising the president. what we have seen in the past is presidents have used outside business councils, barack obama had one. in fact we went back and checked. jim mcnerney of boeing sat on obama's advisory council and will sit on trump's. you get some overlap there. generally the work product, the meetings, the official dealings of these business councils is not necessarily as important as the behind the scenes advice they give to a president of the united states. think of these people as the ceos that the president will be close to going forward, the people he'll call on for advice, indications, strategies on how to create jobs. that's why this trump administration is going to be very focused on early on. >> kept at arm's length from the nominee and now president-elect. what changes their mind to join him and rall