matt: i assume you think it is an unusual speech, because for the first time in our over 200 year history, a speaker of the house decided to revoke an invitation. if that's what you mean, i agree t's bizarre. i don't think the president should do anything different than what he has been doing as president. he ought to talk about the amazing number of accomplishments. as someone who has worked in the white house, i'm flabbergasted he has done all these things he said he wanted to do, and has done so many of them, number one. and he has got to remind the american people of all the steps he has taken and all the accomplishments he has had. let's face it. we are all busy in our daily lives and we don't always think bout politics. number two, the economy is really strong. look at the jobs number. over 300,000 new jobs which will probably be revised upwards in the weeks to come. that shows small business is ending a strong message, which is lowering taxes, getting rid f regulations and having a egal system that makes sense with good, constitutionalist judges really works. and they are voting fo

i think it is a carry year. you can comfortably on the carry available. matt on to those core risks near the consumer securitized. we would be looking to fade some of this rally as i do credit gets below 125 and high-yield gets below seven. jonathan: great to have you with us on the program, you are sticking with me. jim keenan, tony rodriguez, and matt toms. on the treasury curve, yields coming in big-time on a two-year following the fed retreat, down nine basis points on the week. yields at the longer in, and still ahead, the final spread. the week ahead sfeaturing comments from pal, trump, and carney. this is "bloomberg real yield." ♪ ♪ jonathan: i'm jonathan ferro, this is "bloomberg real yield," and time for the final spread. coming up, a reminder it is chinese new year some markets in asia will close for part or all of the week. in the u.s., we have the state of the union address, comments from jay powell, and fresh readings on the u.s. economy, and don't forget, there is a bank of england decision taking place with governor carney. still with me, my gue

matt: i think it still traits like credit, without a fiscal union and the ability to credit, any creditl trade like a credit bond. italy showing that with widening of some 15, 20 basis points. i still think credit, not government bonds. jim: it's not nearly to the extremes we saw in the crisis. in the past years, but the point about that need for yield and income when you have negative rates in europe, the demand will continue, especially now that the ecb is on the sidelines. jonathan: regardless of the data? regardless that the ecb has backed away the last year? it's not providing additional stimulus, it just stopped. the data is worse. tony: not only do you have the fact that they will stop, you're not going to get yields anywhere else, but there is less confidence in a queen and other -- less confidence in equity markets and other assets. you see other people coming back for safety, other times for income. the demand is still there, and that is global. jonathan: let's talk about the u.s. and the global backdrop. what we saw in december was not the deterioration of fundamentals in the

matt: i am trying to put together an rsi chart here. you think about rsi generally when you are screening assets? patrick: i don't really look at it so i'm not much into the technical. something if you trade, it is probably much more important. what we do is hold positions for a long time. anna: let me ask you about gold because you talk about his earlier on and you see a lot of potential for gold at the moment. dani was saying the dollar being a crowded trade, the second-most crowded. you see room to be bullish about gold. what is the driver because some of the sound structural? you are talking about gold being a place you would go instead of the dollar. patrick: that is exactly what we are looking for. we are looking for alternatives to the u.s. dollar. flight towards safety, better economic growth on the united states pushing the dollar higher. we think so many risks the u.s. is facing, potential government shutdown, trade, we think they resolved but don't necessarily get resolved. you have the mueller investigation coming to a close.

matt: i literally did with charlotte. we stepped the [bleep] out. monis: you don't have to get that crazy. and while i tried my best to help the business, even lining up a huge opportunity with t-mobile... and we're going to bring you designs that are exclusive to you that we will not put in the market. matt: no. lemonis: ...he just blew it all, and finally, i reach my boiling point. you're a smug prick. you have disrespect towards her and disrespect towards him, and they've done nothing but eat from a bag of [bleep] since i met you. and i walked away. but just a few days later, i got a phone call from charlotte.

all the ones that matt and i have used throughout the program. ming up next, battle of the charts. this is bloomberg. ♪ matt: welcome back to bloomberg markets. this is the european open, 54 minutes into the trading day. we see red arrows forming across europe with the dax falling .4% just in the last 10 minutes. the cac down almost half a percent. we are finding direction. it is time for battle of the charts. today, and recorder and goes head-to-head with dani burger. -- annmarie hordern goes head-to-head with dani burger. annmarie: gold has been off the radar for some investors, but it's been a different haven. i'm looking at volatility of gold versus energy bonds and stocks. since the start of last year to thursday, it's only moved in a five point range, compared to wider ranges we've seen for other volatilities tracking, energy bonds and stocks. goal has been up 14% since august. but one reason i want to talk about gold, we're about to enter the period many call a weak part for gold. it gets too big for buyers of china and india come off-line.

matt: i have put it on pause in my head. running cpac, cpac is the largest conservative convention of the year and the third most covered political event of the calendar year. it is a huge undertaking, a $3 speakers,dget, 200 10,000 people there, 2000 credentialed media from all over the world, the emir conservative union's sister and brother organizations sprouting up in other countries, we have one in japan, one soon in australia, the movement is an awesome thing to behold, and i have to do a good job with that. i'm not sure you will be the first person i call but i promise i will get back to making a decision. i think the people of kansas, they have a lot of thinking to do about the delegation they have and the type of delegation do they like what donald trump is bringing to politics or do they want to back away from his brand of leadership? politics is changing so much and the voters get to make these decisions and i'm all for that. steve: c-span will also be covering the cpac conference. current secretary of state mike

i run the office day-to-day. you know, matt is not here most of the time, so... und the suppliers. lemonis: you do? skyler: yeah. and i think that matt is really overconfident with a lot of his business knowledge, and thinking that he knows what's right always, and so, that, kind of, in combination with charlotte being kind of uncertain of her business knowledge, it puts us in a situation that is, financially, really poor for the company, you know, because we're not profitable every month. lemonis: you have a pretty good head on your shoulders for being out of school for a couple years. skyler: thank you. lemonis: all right. let's go look at the financials. what do you say? skyler: sounds good. lemonis: all right. ♪ okay. skyler: all right. so, this is the cash-flow estimation. here is the profit and loss, and the balance sheet. lemonis: so, you go through these expenses. "advertising and promotion -- $110,000. education and training." what's that? matthew: that would be, like, any sort of personal development or coaching or things like that, too. lemonis: who's b

matt: i think they are inclined to step back in.e expect the two-year yield to go up higher overtime. the fed needs to step back in if the nine growth outlook is realized. we also have the tension between wall street and main street. main street raises better inclusion in the economic expansion as inflationary, but in a good sustainable way for main street, and wall street might not like that. so the fed has two masters to serve, so it might choose inflation and maybe back in the second half of the year. jonathan: there is worry building already even though the federal reserve is on a full retreat, that they bought short-term stability, and they will inject volatility again in the back half of the year. does that resonate with you? tony: it does. i think everyone's trying to understand the consistency of the fed. they have certainly reestablished the put. but being said, if their economy is healthy and more stimulus comes into the market and that service growth, they could start to tighten. if they stay consistent, it will hold vola

you look good. >> matt: raise your voice a little bit. >> anthony: you look good. if it: you know the amazing thing about being 100 is? a year ago i was 99. nobody paid attention to me. didn't care. i became 100, my god. >> anthony: matt klein, the owner, proprietor, regular bartender at max club deuce turned 100 years old this year. yes, 100. he's still here. the cigarette smoke and dark dank atmosphere pretty good for a guy that's seen it all. >> matt: that's 73 years ago. fort bening, georgia. i was in the second army division. >> anthony: matt klein came to miami in 1945 from new york's lower east side by way of the battle of normandy. >> matt: i came here because i was wounded and the warm weather was much better for me. >> anthony: but there was a lot of g.i.s during the war here, right? >> matt: the war made miami beach for the simple reason that people were stationed here, and they saw a world that they didn't believe. >> anthony: during world war ii, miami saw a massive influx of military personnel. hotels, which had seen a sharp drop in business, made a deal w

i am anna edwards alongside matt miller in frankfurt. matt: asian stocks little changed following the best month for global equities in more than seven years with u.s.-china trade talks set to continue later this month. cash trade is less than 30 minutes away. anna: the shrinkage continues. deutsche bank's fixed income slumped by 23%. germany's biggest lender suffered an eight quarter of revenue decline. we hear from the cfo. retail therapy. china vows to buy more u.s. goods, but there is no breakthrough with just one month until trump ramps up tariffs. a good prognosis. higher profits this year while washington looks to upend the pharmaceutical ecosystem. we speak to the drugmaker's ceo in his first interview of the day. even busy in frankfurt speaking to the cfo of deutsche bank. matt: absolutely. i spoke with him about a number of things, starting with revenue. deutsche bank has had eight quarters of declining revenue. no doubt that will disappoint. we had 5.6 alien euros in revenue in the fourth quarter. they have been cutting costs

matt: i don't want to get too far off on a tangent here, but rcho1. ch a cure for male pattern baldness. do you know how far they are going? freddie: i think i think the have the highest level of r&d invested in their products and that is one of the key points of differentiation. i very much hope that will come through. matt: thank you. i hope it comes through as well. you will stick with us. we have a lot more to talk about with you today. freddie lait from latitude investment management will stick with us. next, you heard anna talking about a just now. incredible news out of -- they 're committed down after saying they will do it to moving back into the u.s. and canadian markets at a time where trade tensions are high and jeep cannot sell all the wranglers it has made. what are they going to offer american car buyers? down almost 2%. we will bring you more of the stocks on the move. this is bloomberg. ♪ ♪ anna: welcome back to the european open. nine minutes into the trading day. negative session the european equity markets. u.s. equity markets prett

matt: i think there are two waste to understand this.irst of all, google has eight products with more than a billion users. most of them are acquisition. that is google, applied semantics, and you can go down achievedthe way they market dominance in one sector and monopolize all of the plumbing in the end market. then he is to be broken about and can be with a rule written by the ftc. for facebook, you have whatsapp, instagram, and probably a whole bunch of other companies. they bought one for microsoft to match into data targeting. what this is about is ensuring our ad markets are fair and open. right now, what these tech monopolists are doing is unfairly redirecting advertising from publishers of content to themselves and manipulating the free flow of information online. it is the ftc's job to make sure that does not happen. they have to do it. emily: we will be tracking how this progresses. both.nd david, thank you bloomberg tech's livestreaming on twitter. be listen on the bloomberg app, bloomberg.com, and, in the u.s., sirius xm. --

matt: i like that optimism. was looking on my kindle for your book and before i was done typing in the word "surveillance," it was the first entry. my kindle must know what i want to read. that touch oflurb optimism. "we still have the power to decide the kind of world we live in and what we decide will shape the rest of the century. our choices allow technology to enrich the few and impoverish the many, or harness it and distribute its benefits." reallyhis -- is this possible? i am a skeptic by nature, but haven't these big platforms, google, facebook, amazon -- don't they really control what is going to happen? do we really have a say in how this turns out? askedna: i'm so glad you that question, because part of the story here is there has been a message of inevitability that has been beaten into us now for a couple of decades. the idea that this is how digital technology works and these backstage operations that are secretive, that are extractive, that control us rather than empowering us, that this is an inev

matt: i just want to finish this texas example. a conservative governor, rick perry, someone who we all respect, closed seven prisons. eight prisons. closed another one recently. saved $3 billion. i was born in 1967. the crime rate is the same today as it was in 1967. so to maybe a senator cotton or others, they didn't see an explosion in crime. by the way, violent felons i don't think should be part of this conversation. we're talking about people who committed crimes and some cases it was the furthest thing from aify lent crime and sometimes they just made a terrible mistake and we shouldn't quit on these people. pat nolan, who was really the godfather of this movement, who works for the a.c.u., said we ought to stop putting people in prison we're just mad at and put people in prison who we fear. and that is a limited understanding of government. there's a role for prisons. i don't want my five girls to be unsafe on the street. there are people that cannot live amongst us. but there's just a chance that aggressive prosecutors and

i will go with that story. matt? matt: i have to agree, i think that is fascinating. think annamarie has covered that etf in the past , a lot of people want to have heard of it. an interesting opportunity for investors if they think the same will prove true over the next few years of his presence the to take some of that action or if they have a chance in 2020, they can bet even more there. congratulations to annmarie hordern. it was not a draw. and to the views of homecoming you can get both of those charts, including when pigs fly by dani burger. with state if i will look at how european equities are trading. atember, the ftse closed more than 2%, the dax up 1.7%. it is down almost half of a percent to the end of the session. the dax being weighed upon. anna. interesting to see autozone auto-parts auto parts as the biggest losing sector across europe. interesting in the context of those numbers and some suppliers keeping that story on the front pages. stocks around europe, a little weaker this morning. that's it for the open, stay with bloomberg television. up next,

anna: and here is a topic i know is close to matt's thinking. i got a chart, member rate returns.rst performance over the past four quarters. bank,zbank and deutsche both at the bottom of that's created. consolidation has been talking about for his long as i have been talking about financial markets is this the year it happens? >> i think it is probably getting close. anna: and can you invest without that happening? >> i think you probably needed. -- need it. is it the sector to invest in before you get that absolute not -- before you get that? absolutely not. you get these big structural problems like interest rates. but looking at deutsche, metro bank, there's also a lot of idiosyncratic risks within the companies, which makes those types much more difficult. then jones, a state street senior multi-asset strategist. thank for joining us, up next, goldman. their responsibility for the 1mdb scandal. we talk about that next, this is bloomberg. ♪ this isn't just any moving day. this is moving day with the best in-home wifi experience and millions of wifi hotspots to help you stay co

problem was just to be that it's done with matt i did see the. models but i didn't work on could you know one person out there that we. were born with as well. just tell me what i. say that he. found that. says i had this is that i. had said no one was singing about the debt ceiling in the city. and he asked if. this is actually the first video that we made this is. a lot different from the first two which were just like dancing in the streets and the fact you know the video is mostly about the journey of growing up of being a more mature and i see that this guy is actually my favorite character of the deal because he's not fighting against external thoughts it's not striving to be as much as the fighting himself the ideas that have been planted in his head if you look closely at this and you don't hear any saying it's not actually the same today say it is just mentally saying you can see here and when they go takes off her mask. this. is like you know she got three. and the name there is actually chosen by oh no. never because. it's about yoursel

i lost matt. i sold 30 million. i lose luke. i get the movie. i lose taylor.he third time i have had my heart broken like this. >> this time around, a split conspiracy theory is born thanks to fans. while we all know that bradley is in a committed relationship with the mother of his child, model irina shayk, one fan took a line from ariana grande tweeting, bradley cooper, confess your love for ariana grande, i'm bored. another major breakup, khloe kardashian and tristan thompson. they split due to what our sources call trust issues. >> i was, like, how am i going to get through this day? >> did he cheat with jordyn woods. >> it's difficult finding a keeper. >> jordyn was seen sunday at tristan's party. >> she was all up in your lap and you let the girl spend the night until 7:00 in the morning. >> tristan responded in a since deleted tweet writing, big news. >> they're always there for each other and super supportive. >> we talked about having friends set up relationships. >> you know, i'm the only single one in my friend group which is crazy. >> i don't reall

problem was just to be that it's done with matt i did see the horn. but i don't work on criminal one person out here that we. have always been with has made a stand with my eyes and say that's pretty. candid. with you says us and this is it i. must know how does it no one must seem out of debt ceiling listening to so you have to yell i need acid in the. distraction to further the third video that we made this is. a lot different from the first two would stir just like dancing in the streets and the fact your video is mostly about the journey of growing up of being a more mature and i see this guy is actually my favorite character of the video because he's not fighting against the external thoughts he's not fighting his side there's no. says the fighting himself the ideas that have been planted in his head if you look closely at his hands you don't see it and its aim is not actually the same thing they say it isn't meant anything you can see here and when they go takes off the mask. this. is like you now see got three. and the name there is actually hol

problem was just to be that it's done with matt i did see the horn run models but i didn't work on crew one person out here that we. were born with as much as ten with my eyes and say that's pretty. damn good the. mossad when you have this is that i. must know how to know one mostly so when you have a debt ceiling in the future so you have a deal i need you are sitting on the. this is actually the first video that we made this is. a lot different from the first two would slur just like dancing in the streets and the fact that the video is mostly about the journey of growing up of being a more mature and i see this guy is actually my favorite character of video because he's not fighting against external thoughts it's not fighting. as much as the fighting him so the ideas that have been planted in his head if you look closely at his hands you don't see any saint is not actually the same today say it is just mentally saying you can see here and when they go takes off. this. is like you now see got three. and the name there is actually chosen by oh no. never because. it's about yourself to

this is a wonderland. >> matt: yeah. >> anthony: i mean, look at what we've got here. >> shawn: you knownd the more it does change, the more the vendors are threatened, you know? >> matt: there's all this talk about cleaning up roosevelt avenue, you know, what that means. >> anthony: if you get higher rents, nicer buildings, they're not going to want a street cart out in front. >> matt: that's sometimes the problem that vendors face. even if the spot is completely legal. and we see it all the time where there's building managers that come out and say, "hey, you've got to move. you can't be here." they even call the police. >> anthony: so what happens if that happens -- when that occurs? >> shawn: when it was me, the young kid out of college, i was ready for that. but if you're an immigrant that doesn't speak any english and is realistically scared, and they tell you to move, well, you're going to move. >> anthony: in a perfect world, how many of these would there be? >> matt: i think the more diverse street food we can have the better, the more pathways that we can provide for people to

and matt, i guess maybe at some point there will be a vote. >> thursday. president trump: and at some there will be a vote. i think you have done a tremendous amount of abuse. you handled yourself incredibly last friday. on behalf of all of us i want to thank you very much, matt whitaker. [applause] heartfelt, too. believe me. ok. thank you very much. reporter: will you sign the border deal president trump i : have to study. i'm not happy about it. it's not doing the trick. but i'm adding things to it. when you add whatever i have to add, it's all -- it's all going to happen where we're going to build a beautiful big, strong wall that's not going to let criminals and traffickers and drug dealers and drugs into our country. it's very simple. very simple. we're building a wall. i'm now saying we're finishing a wall. we just started a big, big section on the rio grande. you probably saw it. some of you were there when you started. you didn't believe t you went there. you see trucks all over the place. he's not kidding. i don't kid. i never kid about constructi

is that a fair characterization, matt? >> i think that's right.e obviously don't know, but i more and more suspect we're not going to get this big public accounting that the world is waiting for. >> thank you, matt, thank you, julia. >>> nearly one year after the parkland massacre, democrats are reintroducing a push to ban the sale of high capacity gun magazines. the keep americans safe act would ban the transfer, importation or possession of magazines able to hold more than ten rounds of ammunition. it comes after a year that saw no significant national gun reform, despite the murder of 14 students and three adults at the shooting at marjorie stoneman douglas high school. joining me congress ken deutsch, his district includes the parkland community as well. congressman, no republican sponsors of your legislation as i understand it. democrats now of course control the house. what would you say is the likelihood that this bill actually gets out of the lower chamber at least? >> well, i think that we're looking at a changed moment in time, craig. we

matt: yes, well and great britain. iyou get your betting on horseracing back online as soon as possible. dani burger on l'oreal, what's the story? dani: another beat from a luxury goods producer thanks to china. shares surging past estimates. the story is sales in china. their luxury products, skincare, perfume, all of that selling very well in china. you can see double-digit growth for their sectors. also, online growth driving a lot of this. the concerns today that we've seen may weigh on the overall markets. it's still positive. anna: thanks to all of you. thanks for joining us for the stocks we're watching. first go is the function to use on the bloomberg. the big picture is on trade selling in asia. this is bloomberg. ♪ anna: a minute from the open of cash equities trading. this is how the markets look friday morning. the euro against the dollar. we have the french data out. not too much to see. so that beat a little bit. global growth the story. risk off over in asia and all that take the edge off oil prices. with

matt: i am matt miller in berlin. 30 minutes into the trading day, lots of interesting moves of a stoxx of the socgen headline. the back ofid on that number. up by 2.9%. compass group talking about an period of trading. oversee by the market, up by 1.6%. perhaps rubbing off a little bit. we speak to dmv just shortly. the number of interesting stories to the downside. catching the particular sector, the advertising sector. down 14% over in paris. we saw u.s. advertising businesses caught out by that update. the carmakers are still a force to be reckoned with. they are talking gloomily about the summer. perhaps all the good news is in the price. business andhinery they had a profit warning out a little bit earlier on which is knocking down that share price. let's get a first word news up date. theresa may heads to brussels today hoping to restart brexit talks and win concessions from europe. but with a deal looking increasingly unlikely, the next plan brexit vote could be delayed. this comes as the opposition leader issued a list of five brexit demands to the prime minister. leader,th the

matt, i want to start with you. what are the most extreme potential penalties? matt: first, the sec has 2 -- the judge has to agree with the sec that he did violate the settlement from last september -october. could open that the discussions about penalties. it opens up a can of worms they had closed read easily and it has yet to be seen on how far the sec will go in terms of trying to go after musk. emily: dana, walkers who the actual numbers. transcript saygs 350,000 to 500,000 cars and does that give musk a defense? dana: his defense is that it is not new information, that it was just reiterating what he said on the call. he's not supposed to tweet without all of his tweets being vetted by this established security lawyer. emily: shares barely moved and investors don't seem concerned, are you? >> we are. it is funny. tesla shares, investors seem to be kind of immune to this soap opera, the never-ending news coming out of tesla and elon's behavior. we think the judge will require the company show that they have oversight of his social media posts, which to us,

matt: yeah, i wonder if we're underpricing the risk we won't get a deal. u.s.s are up more than 10%. the csi 300 is up more than 16%, year-to-date numbers. december was rough. do you think that markets are being optimistic? tom: yeah, we're officially in a bull market in china as of an hour ago. part of that is down from the positivity coming out of the talks between the two. there have been regulatory changes, as well as monetary easing and fiscal easing we've seen take place in china, proving supportive. there is a case this is being overpriced because when you talk to china on the ground, they say you may get a superficial deal. but in terms of addressing structural changes, the state these haveis again, been red lines for the chinese. we see no momentum in that regard. you may get a deal that eases the pressure for the time being. but further on, technology tensions are the primary focus with what's happening with huawei. matt: tom, thanks very much. tom mackenzie joining us out of beijing, our chief china correspondent, covering the story we are following

matt: i am interested in the mix, spencer.hat is a changing picture, but it is changing slowly and is ethical to find alternatives to in china, for example, what is the breakdown of their energy supply? how much they get from coal, how much did they get from nuclear? today, about 60% of china's energy comes from coal. it is still coal dependent. or try to move away as rapidly as they can. the scenarios we looked at to make its down to about 45% of to do that, by 2040 they have to grow every other fuel rapidly. but also, huge growth in nuclear energy, and by 2040, nuclear energy is as much of a whole is the block put together. also strong growth in natural gas. china, big effort to move away from coal, but to do that, massive growth. anna: interesting, of course you have to make assumptions when you do these forecast. questions, butes tell me about paris goals and whether we get close to the goals set by the paris climate accord, based on your analysis. of the rough trajectory we are on, we are not on a trajectory towards meeti

so i think we are likely to see new highs in gold and coming in the context of dollar weakness. mattght, thank you very much. fixed income emea.ch for amia -- this is bloomberg. ♪ i'm a veteran and the army taught me a lot about commitment. which i apply to my life and my work. at comcast we're commited to delivering the best experience possible, by being on time everytime. and if we are ever late, we'll give you a automatic twenty dollar credit. my name is antonio and i'm a technician at comcast. we're working to make things simple, easy and awesome. 30 minutes into your trading. here are your top headlines. barclays buybacks. the lender risers after announcing capital returns. telling bloomberg, unity is needed in the face of activist investors. >> what i think barclays needs is consistency. we need to have a stable strategy people can get behind and drive revenue growth. matt: pnd of an era. drilling of its unit bringing the conglomerate to a close. the stock drops the most since may. the money manager dismissing: startim heywood -- falling tim hayward, as assets drop below the co

i wish i was where matt is. i would love to be out there playing in the snow in the summit. i had some snow. i'm at about 400 feet. a car will cool faster. i'm trying to get this loaded in the computer. i had snow on it, a little bit, but still pretty weather advisory continues. dress for these temperatures in the mid-30s to mid-40s. about 34 to 43 degrees. east bay hills have been trying to watch to see if snow is falling now. it's shrouded in clouds. sorry about this, it's kind of dark. we'll have a chance at noon. a very slim chance. mainly the santa cruz mountains. if we have anything in the afternoon hours, mainly santa cruz. partly cloudy and temperatures around 40 degrees. it's going to be a cool one today. okay. here is alexis. >> we're looking okay here. walnut creek, a tough commute. today we're incident-free. hopefully we can hold onto that. southbound 880 cruising withou issues. we do, however, have a significant problem. if you're planning on riding ace train, ace 1, they had a freight train blocked. they are blocking the spire pacific main line. ace is not able

matt: i love that chart. i am going to say for me, you are the winner. convertible bonds interesting, but the etf -- em story is really one that a lot of people will be talking about today. making a decision, taking bets, and hopefully making money. anna: i hate to disappoint you, but i will go with annmarie. i know you don't like when we disagree because we have a draw, which is not in the printed or other publicly available rules of battle of the charts. i should point out, there are no rules for battle of the charts. we make them up as we go on. i like annmarie's chart because of the way many people trade these. they are priced to be called at the first opportunity which is why this hasn't brought significance, but i like dani's chart. european equity markets fly higher. seems to be optimism around the trade story. we know the trade representative like kaiser has landed in china. he landed in his hotel. in of optimism to push markets higher this morning. matt: absolutely. congratulations to amory. coming up, francine lacqua will be speaking with the c

and there might not be anything there but, boy, everybody keeps lying. >> let me press you on that, matt. i question to christie, who's out with a book this week, he said people lie, even if they're bad people or stupid people. i said stupid people can't get the same lie told by a group of at least half a dozen people about the same thing over and over again to everyone, including federal law enforcement. it's more than just coincidence they've all told the same lie, and they've lied -- they committed crimes in doing so, isn't it? >> about the same thing, right? about the same thing. no, i didn't talk about -- i didn't talk about russia or i didn't talk about -- they're lying about things that maybe wouldn't be illegal but it's this constant question of why do all of these people keep lying? i can hear the frustration right in the president's voice when he says, i didn't do the deal and it would have been legal for me to do it anyways. and then i say, well, why did everybody lie for so long about contacts with the russians if there was nothing there? and so, of course -- of course people at

i want to thank matt for being here in the supervisor his chambers. i know you guys were a great team and were going through it, that concludes my comments. >> thank you, supervisor peskin. supervisor brown class. >> thank you. i did not even write down any of the comments that i was going to talk to about jeff today because it is still painful for me. i know i was, when i first heard on friday, and i knew -- and just trying to reach out to a lot of different folks in the community, and people reaching out to me, it was hard to wrap our brain around this world without jeff a dodgy -- jeff adachi. i will talk about my personal experience with jeff. i met jeff a little over 20 years ago when i was teaching art at hunter's point. he came up, he wanted to know what i was doing, how i was getting the money, the impact that i thought it was happening on the community, i didn't even know who he was. he was still -- it was before he ran for public defender, anyway, he made a huge impression on me. when i was a neighborhood activist in the western edition, and

i don't know, matt. i know one thing, i don't want to be handcuffed or chained to jabba the hut. >>> we're hours away from the president's state of the union. one topic we know will be brought up, the border wall. brother going to explain why even some republicans are urging caution from the president. later, despite calls from seemingly everyone in his party, virginia governor ralph northam remains in office this morning, saying he needs more time to decide if he should stay or he should go. late night host did not seem to need any more time. they have the entire weeken to prepare jokes. >> february is black history month. oh, my god, i don't even have a costume yet, said virginia governor ralph northam. >> just a little tip for anyone pla planning on doing a michael jackson impersonation. if you're doing the moon walk, that's good enough. (avo) life doesn't give you many second chances. but a subaru can. you guys ok? you alright? wow. (avo) eyesight with pre-collision braking. standard on the subaru asce

here is what she said in 2012: now matt i would think most people would say that was anti-semitic. t agree that's anti-semitic then i don't know what we're doing on cable news any more. to me that's kind of object youfrjts that's correct. this is what people have done. the reason there is a the zionist movement and a state of israel is because the jewish people were almost ex certainly nated from the face of the globe. they did not have a sanctuary place they could go to have their own state. there are is then at this of muslim states and arab states. there will wasn't a place if jews to be called their own. it's their land. i think it's awfully important and people shade this into discretion, the only reason why people are standing up for the state of israel is because of quote the benjamin president, i'm christian but i'm offended, they're a strategical lie to the united states. we don't have to agree with every decision their government makes but it is wrong to attack then as a people >>> no one attacked them as a people. i'm a jew, i'm a person. millions of jews don't support ap

i am matt miller here in berlin. today the markets say let the bulls run, china runs out of the gate with index is up 6% but europe is set for muted gains. the trade less than 30 minutes away. ♪ matt: substantial progress, president trump says he will extend the trade truce with beijing, but a report of new uncertainty could cap market sentiment. deleveraging is dead. two chinese indexes enter bull market territory after xi jinping puts the emphasis on growth. europe and the u.s. point higher as well. 12 for may picks large the brexit deal but the e.u. could consider a 21-month delay if no deal is reached it we are less than a half-hour from the start of european trading. was -- whatat what i have got here. this is a chart of the csi 300 and the broader mainland chinese index. the one day move is a 6% move. over three days we are up 8%. chinese stocks rallying hard, year to date. looking at futures in terms of the european trade, we don't have the kind of gains you see in china, not even close. futures up half a perc

russia and then he favored trump who he had reason to believe would be also incredibly favorable. >> matt, i want your read on that, her coming out on that now. >> i think she's absolutely right, it's very clear that putin had serious policy disagreements, had reason to worry about her becoming president. i think what differentiated trump from every other candidate, how friendly he was towards putin from the beginning of the campaign. that's one of the important things michael cohen can shed light on, not tomorrow, but doing it to both intelligence committees and hopefully we'll see the transcripts, why he was so friendly with him early on. was it the business deal cohen was trying to negotiate, was it because of hope for interference by putin on trump's behalf in the election? i think we need to find out the answer to those questions. one of the things that's interesting about the next set of hearings, in some ways it solves a problem that department of justice has and that all of us have, we don't know what department of justice will turn over to congress. but if you're in the southern dis