markoe: and bars were connected to the dance floors. you are right. i don't know how good their records are, either. ok. another thought here. say your name. >> i'm mike. records,ld be arrest drunk and disorderly, stuff like that, and also hospital records? prof. markoe: yes! hospital records. what are we looking for? injuryhol poisoning or due to -- prof. markoe: there was a lot of alcohol poisoning during the era, but there were fewer deaths connected with alcohol, right? most people actually followed the law. it's 2:00 in the morning, and you are driving, and there's nobody around, and there's a red light. you stop? awayon't have to give secrets on camera. do you stop? sure, most people stop. why do they stop? because it is the law. it is the law. you don't go past a red light in a car, even though there's nobody around and you probably won't get a ticket, right? during prohibition, most people didn't buy liquor. most people did not drink. what we recall are the speakeasies, people drinking, college students, right? not all of them, but a lot of th

. >> there is a argument marko that aloud the fed easing hasn't gone into the system yet we have three rate cuts. do you think we've seen the impact yet and do you think that impact won enough to maybe bolster stocks beyond your you know, 3,200. >> possibly. i think 32 is as you said about 5% that's not a huge upside actually we are more positive on rotation away from defensive into cyclical. there when we think can you get double digit type returns. it is it possible the market goes higher yes given the a easing, where yields are if you relative value of equities to bonds it could go higher but there is a lot of uncertainty. as i said there is a gap stock which is very expensive and stock which is cheap if you converge the two a little bit- we don't want to go with some high number. >> you like the stuff that's really really cheap. >> we like it. and it's been -- it's been a bit of disappointing this summer was tough. we saw a rally in september and october of value >> yeah. >> still actually there is -- we think there should be a lot more to go. we like stock which is cheap sort of i

vonnie: thank you so much for your time today, marko kolanovic . guru, asu -- quants you say, joe.up, blockchain investors snapping up everything inside of them. president she looks to -- xi looks to increase investment in technology. we break it out -- break it all down. this is bloomberg. ♪ caroline: we are seeing also [indiscernible] not doing quite so well. beyond meat, up 6.4%. what more is a company to do then give you a 200 and 50% increase in sales forecasts? technicals are at play, the lockout coming to an end and people may be looking to get out of that ipl extravaganza. romaine: all right, it has been two years since the chinese president gather the communist party. almost 1.4try of billion people. let's bring in shery ahn, the host of my favorite program on this network. what can we expect this time around? >> the expectation was that you focused on politics for, this time let's talk about the economy. but it seems that the expectations are centered against towards politics. back then he secured the blessing to become president for life, scrapping constitutional term li

markoe: ok, well, good morning, everybody. today we are going to discuss the jazz age, and at least i am going to discuss it and you're part of the discussion will be at the end. please write down any thoughts you have, questions, responses, that would be good. the jazz age is the period from 1919 to 1929, reminds me of the opening lines of "a tale of two cities" by charles dickens. "it was the best of times, it was the worst of times." it wasn't exactly the best of times, but for many people it certainly was good times. it was the great age of literature, the golden age of sports, music, jazz. the 19th amendment to the constitution, which allowed women to vote in national elections for the first time. radio was becoming popular. it was the early days of hollywood, and certainly the age of the automobile, the model t. and automobiles were for almost every budget. those are the good times which we will discuss. and it wasn't exactly the worst of times, although there were some very bad times. and it -- the failures of that deca

markoe: ok, well, good morning, everybody. today we are going to discuss the jazz age, and at least i am going to discuss it and you're part of the discussion will be at the end. please write down any thoughts you have, questions, responses, that would be good. the jazz age is the period from 1919 to 1929, reminds me of the opening lines of "a tale of two cities" by charles dickens.

happy to say we're joined now by holdin a farmer the former director of the sustainable food trust dr marko springman mark who's a senior researcher on environmental sustainability of public health the university of oxford he also was signed the letter who we start with dr springman can we begin with you to what extent then just briefly does meat dairy consumption need to be reduced and perhaps more to the point do you expect it to be heated side of the western world particularly countries like india china. well what we see now in country high income countries like here. animal source foods that are responsible for 80 to 90 percent of the food related to carbon footprint that we have it's really clear that if we don't change i would die is here but also diets all around the world through more healthy and plant based diets then the. emissions due to food will take up to complete emissions budget that we have in order to stay within 2 degrees of global warming so we urgently need to change what we eat for climate change purposes and we found that changing to a more healthy and mostly plant ba

it was touted as a major step when under marko's coalition presented its new climate protection law . but now the german government has reportedly will sit down the climate bill shortly before it's set to be adopted. according to a report by german newspaper desh beagle the government has cut the goal to limit national c o 2 emissions by 24. and the final draft drops the pledge that germany would reach greenhouse gas neutrality by 2050 instead it only says this goal should be pursued and forced measures have also been weakened and an annual progress report by germany's newly formed climate council might be scrapped in september merkel's coalition agreed on nor to reach germany's climate goals by 2030 climate activists and political opponents have criticized the original draft as insufficient. so simon how disappointed are people there about the german government's plans. well one protester here told me that people here was shocked they haven't been terribly impressed by the original plan the government's plans to roll out climate protection and do more over the coming decades but now

prepared to criticize the president and not a republican like a kevin cramer from north dakota or the marko rubio who has no appetite for this. pennsylvania republican enterin the between i want hard to figure out what the story is supposed to be. >> alex, i don't want to overplay but also underplay the significance of some of the comments though you hear from sitting republican senators. you mentioned mitt romney high pressure lisa murkowski says in no uncertain terms you can't tie crucial military aid to something for political purposes, which is in effect the substance of a possible article of impeachment being prepared now or at least being investigated now by democrats. is it -- is it too early to say that, you know, republicans are just not going to move on this? >> oh, i think it's too early to say that no republicaning move on it. you would need 20 republicans to move very far in order for the president to be convicted in a senate trial. but i think that one thing striking about how lisa murkowski said yesterday -- and she is an exceptionally independent republican senator. i'm not

contrast with florida marko rubio. >> do you think it's okay to ask china. >> i don't know if that's a real request or him needling the press knowing you'll get outraged by it. >> a constituent in iowa begged joanny ernst to say something about the president's action. >> where is the line? when are you guying going to say enough? and staup up and say, you know i'm not backing any of this. >> okay. so president trump. if -- i can say yeah, nay, whatever. the president is going to say what the president is going to do. >> and i understand it's a non-answer and i understand. i get it. i know what you're saying. >> i can't speak for him. i can't speak for him. >> i know you can't speak for him but you can speak for yourself. >> the president made a surprise appearance on a republican conference call with all the republican members of the house i'm told that he said that he has nothing to hide, done nothing wrong and that he portrayed the impeachment effort as an effort to undo the 2006 election by democrats. jonathan karl, abc. nups. >> the verse cannabis lounge in nevada open opens toda

in history,ectures karen markoe of state university of new york maritime college teaches a class on the 1920's, talking about

about the marko what's out there, well, there is a few i think so this. the trading volumes for the last few weeks, they are lackluster, new highs, there is not a lot of buying enthusiasm. there is just lack of selling pressure different kind of mentality. still new highs but nobody is buying the market hand over fist very low volatility, vix at 13 and not a lot of people interested in positions, very confusing trading news flow. december let's call it posttraumatic stress disorder, 20% drop in december last year but it's a very different market the fed was in tightening mode last year, now they are not and it's a very different attitude why a lot of people think december 2020 i should say 2018 not going to happen. guys, back to you. >> thanks very much. >>> be sure to check out our podcast by the way you can hear the opening bell hour of "squawk on the street" with jim, david and me at cnbc.com/podcasts or wherever you hear them dow down 72, back to 3040 on the n'gop. dot away. you should be mad that this is your daily commute. you should be mad at peopl