nobody else. >> that was the ceo there of omv. of course, the bigger question about what it's going to happen next in terms of potential sanctions as a result of this north stream 2, he was firm there, guys. he was saying eu leaders need to get onboard here and really need to manage expectations for companies with regards to the security of energy of course, also talking about this investment with the uae and adnoc and really all of this part of the gas strategy going forward. so a lot to look forward to in terms of new investments down the pike >> thank you very much super interesting interview you had there. >>> back to the main event of the day. despite mounting opposition, federal reserve is broadly expected to raise rates by a quarter point later today. it will be the fourth hike this year as the central bank looks to normalize policy and wind down the multitrillion dollar balance sheet. the central bank is also expected to take a more cautious outlook for 2019 >> predigs for the tightening cycle span a wide range. one rate h

but if mulvaney took the chief of staff full-time, he would have to vacate the omv job and that does involve senate questioning. and so it's an attempt to circumvent those kinds of constitutional provisions. >> i appreciate the point. there are profound separation of powers issues raised as well. the kind of thing that any responsible leader of either party say is something to avoid. as you say the president may lean into it because of the total disregard for those kind of rules and constitutional requirements. alessia, it's not like many people including in the republican party didn't warn about this. jeb bush is no liberal. he's no member of the resistance. but when the republican party was debating this beyond ideology, he was one of the people i want to show for your analysis who famously warned this would be chaos. this would be a vacant government. take a look. >> donald is great at the one-liners. but he's a chaos candidate. and he'd be a chaos president. >> jeb doesn't believe i'm unhinged. >> i'm the most solid person up here. the policies we've suffered under other presiden

omv, tullo down.wn two point 7%, in the process of being taken over by take a divot -- takaida. around andts acquisition. that means the share price of shire has fallen this morning. the big picture is we continue to trend downward in european equities after we saw that u.s. futures point higher. to someone inlk these markets to get a take. the s&p 500 closing last night at a 14-month low. maybe why we see a bounce in futures, but the s&p 500 is on track to post its worst december since 1931. that is an incredible superlative, the height of the great depression. joining us, guy miller at zurich insurance company. what do you see going on in the stocks? we are getting a lot of analysts saying hang on. the s&p is likely to close higher at the end of 2019. buteard that from barons, you've got to put your money on the line. you've got real skin in this game, so what do you think about stocks? guy: in the longer-term over 2019, it can be a good year for equities and there are a number of reasons. thehe sho