the power of prevention. call now to learn more. lisa: i'm lisa abramovitz in for jonathan ferro. bloomberg "real yield" starts right now. ♪ lisa: bank executives in davos ramping up their calls to end negative rates. with credit markets remaining hot, new deals as much as seven times oversubscribed by -- oversubscribed prompting new fears on wall street that the party may be nearing an end. let's start with the big issue, rising debate over the impact of negative rates. >> the business community doesn't want just lower rates. >> negative rates are a problem. >> negative rates are useful for the economy as a whole. >> negative interest rates. >> the side effects become important. >> you'll have asset bubbles. >> the marginal medicine has side effects. >> you want to ride that wave while it's happening. -- rates, negative or not to stay low. >> keep your eyes wide open for when there's a correction. >> in the medium-term, this cannot be the way that you manage a real economy. lisa: banks don't like negative rat

the power of prevention. call now to learn more. jonathan: from new york city, for our audience worldwide, i'm jonathan ferro. bloomberg "real yield" starts right now. ♪ jonathan: coming up, is it or isn't it qe? that's the question for the federal reserve as risk assets rally and the global economy shows further signs of stabilizing. we begin with the big issue. one question for the federal reserve. >> the fed continues to tell us this is not qe. >> the market believes it is qe. >> which is all that matters. >> think about what the fed has told us. >> they will continue to do balance sheet expansion. >> the market is taking this as a signal. >> that kind of liquidity will be hard to fight. >> that is putting the fed in a bit of a bind. >> it creates the risk of a policy mistake. >> the fed will not make a policy mistake if everything is fine. >> if the data does not get worse. >> which people are forecasting. >> you could have an economy where the second half is bouncing back. >> the second half we should see that fade. >> the fed i

the power of prevention.now to learn more. >> i would rather be in iowa today, there is a caucus there in two and a half weeks, i'd rather be in new hampshire and so forth but i swore a constitutional oath as a united states senator to do my job and i'm here to do my job. >> harris: some brutal honesty there from senator bernie sanders, one oh four senators running for president along with michael bennet, elizabeth warren, and amy klobuchar who will have to leave the campaign trail weeks ahead of the first in the nation iowa caucus to do their duty as jurors in president trump's impeachment trial in washington. that could be a big opportunity for those 2020 hopefuls not in the senate. yesterday while his democratic rivals were taking an oath of impartiality, pete buttigieg had the hawkeye state all to himself while joe biden was campaigning in texas. here is what i would do. maybe recuse yourself and you say i don't think i can look impartial in the senate because i'm running against this guy right now. to be

the power of prevention. call now to learn more. >> this is daybreak: asia.s su keenan with the first word headlines. treasurer says he cannot confirm whether the government will still deliver a budget surplus given the widespread bushfire damage. josh fienberg says communities have been devastated and the fallout will help everything from tourism to household consumption. he said the full economic impact from the fires is yet to be determined. hong kong has racked up a 10th street year for the world affordable housing market. in canada came in second with sydney and melbourne third and fourth. hong kong's median property price was found to be just over 20 times the average household income last year. vancouver was only 12 times the average income. a new report published at the world economic forum in davos says a portion of ceo's expected global growth to slow this year. i should say the pwc survey bossesalf of the 1600 that were questioned and 83 countries are seeing a slowdown. they are asking businesses to do more in 2012. executives were pessimistic in e

the power of prevention.now to learn more. >> we start in hong kong or with hong kong leader. she has told bloomberg, china has no intention of tightening its grip on the city. she said president x inch has given her his personal assurance and will not use the protests to increase china's control. trying to assure that hong kong is a stable hub. >> the central government has time and again made it very clear they want hong kong to succeed and high degree of autonomy and was made clire to me on two occasions and couple of months' time. >> moving to independent yeah, supreme court there to hear a petition challenging the constitutional validity of the religion-based citizenship law. the new legislation has sparked violent protests throughout the country and will request to have the law withdrawn and it is expected to end into next week. and one has been charged with homicide over the dam collapse that killed more than 250 people a year ago. e highest profile figure for brazil's worst disaster. before federal pr

the power of prevention. call now to learn more. charles: martin luther king, jr.'s profound impact on this nation continues to this day in part because the dream hasn't been completely fulfilled yet we continue to march towards his vision and the promise of the founding fathers of a more perfect nation. like so many important events and people in history the meaning of king's speeches and his goals are being used to support different ideas and agenda. i like to take the message from his last speech, april 3rd, 1968. king gave the mountaintop speech which stood out his understanding of key moments in world history and why they're important. he noted, if god took him on a trip through time he would take a mental flight to egypt, then greece, then the great heyday of the roman empire. it would be on to the renaissance and he would watch the defiance of martin luther. king would go to 1863 to see lincoln sign the emancipation proclamation and '30s, to hear fdr cry, we have nothing to fear by fear itself. the speech noted progress and d

the power of prevention. call now to learn more. re watching "daybreak asia." in's go to sophie kamaruddin hong kong. sophie: the nikkei could end the week top and 24000 and chip stocks help provide that lose after snp earnings beat stronger capex with chip equipment maker's come a part of the catalyst that drove u.s. tech stocks higher. in that rally, alphabet joining the $1 trillion club. on the events this morning, adding 1% after the bump overnight. let's check in on the sydni market, aussie shares on fresh eyes again while bonds slip ahead of the chinese gdp report. the austral you dollar is finally under pressure, trading off a 10 day high as the dollar strengthened on strong u.s. retail sales, and the aussie has yet to make a weekly gain this year, especially against the kiwi dollar. haidi: china is due to report on gdp growth for the fourth quarter and the full year as well as a monthly report on december later today, this after china and the u.s. clinched the face-one trade deal. we have corporate reaction. let's bring in to

the power of prevention. call now to learn more. jonathan: from new york city, i am jonathan ferro. "bloomberg real yield" starts right now. ♪ jonathan: coming up, the data in america leaving the fed on the sidelines. a record-breaking week of debt issuance in europe, and the biggest inflows ever into u.s. high-grade credit funds. we begin with a middle-of-the-road payrolls report. >> this report was mixed. >> middle-of-the-road. >> right down the middle of the fairway. >> different people will see different things and it >> moderating but still good economy. >> pretty good given where we are in the business cycle. >> it still checks a lot of boxes. >> it does not change any expectations about economic prospects. >> the trends will continue. >> we are now we were before the employment report. >> wage growth may be a little slower but it is still right around 3%. >> we are in an extended period of exceptional mediocrity. >> and economy slowing gradually. >> we are stuck for the time being. jonathan: joining us around the table is priya misra, george rusnak and gershon distenfeld. can

the power of prevention. call now to learn more. mark: i am mark crumpton with "first word" news. telligence committee chairman adam schiff says the u.s. constitution demands the removal of president trump from office. in his opening statement in the impeachment trial in the senate chamber today, he said mr. trump's legal team "can't contest the facts." he added that president trump put his own interests ahead of the nation's interest. schiff, who you see here life can also said the president undermined our national security. british prime minister boris johnson's brexit deal cleared its final hurdles in parliament today, bringing a crisis that has paralyzed british politics since the country voted to leave the european union almost four years ago, to a close. the passage of the law vindicate johnson's gamble to call an election last month in which he asked voters to back his blueprint for leaving the bloc on january 31. china is taking said to contain a respiratory virus that has killed 17 people and sickened hundreds. chinese television reports that the city of wuhan

the power of prevention. to learn more. and with the sxfinity stream app, screen is your big screen. which is free with your service, you can take a spin through on demand shows, or stream live tv. download your dvr'd shows and movies on the fly. even record from right where you are. whether you're travelling around the country or around the house, keep what you watch with you. download the xfinity stream app and watch all the shows you love. ♪ >> ed: eli manning calling it quits. the quarterback ending his career after 16 seasons. he led the team to two super bowl titles. during president john mira praising him, saying he represented the franchise as a consummate pro with dignity and accountability. it meant something for eli to be the quarterback and it meant even more to us. i've got to admit, i'm a giants fan. there might be people in this building who look at patriots. he won two super bowl titles and did at the right way. he's a class act. >> sandra: i want to a couple charity events here in new york an

the power of prevention. call now to learn more. time for global battle of the charts. you can see these on the bloomberg to tv . our deals reporter. -- partnerught business to the stock market. one of the best in the decade for u.s. stocks. what does that mean for dealmaking? it allows company to use stock rather than just debt when doing deals. as you can see from this chart, companies used a portion of the payment in stock at the fastest rate last year since 2000. that met last year deals that were financed through partly stock went up 44% compared with the year before. about $700 billion. that helped companies guard against volatility in the market. trend definitely underpinned mega deals last year. if we can get over the early market, we can see them stocking up again for deals next -- this year and 2020. you can see my chart on g tv . vonnie: very impressive. something we have not spoken enough about. excellent chart. coming off aor is three win streaks. john hyland. >> i'm taking a look at the manufacturing data that c

the power of prevention. call now to learn more. k crumpton with bloomberg's first word news. president trump says it is not the right time for the united states to pull out of iraq. that country's parliament called for foreign troops to depart. speaking during an oval office meeting with the visiting prime minister of greece this afternoon, president trump saturday u.s. departure would be a mistake because it would give iran a foothold in iraq. senate majority leader mitch mcconnell says he has secured the republican votes needed to start president trump's impeachment trial and postponed a decision on documents democrats want. he is expected to launch the third impeachment trial in u.s. history as soon as house speaker nancy pelosi sends the articles of impeachment to the senate. democratic and republican senators are reacting to a statement from former national security advisor john bolton, who says he will testify in a forthcoming impeachment trial in the senate if he gets a subpoena. theon said he has waived issues of executive p

the power of prevention. call now to learn more. in beijing,0 a.m. shanghai, and singapore. ng kong and mainland markets. thed: rallies across markets as president trump downplays the attack on u.s. bases in iraq, but there will be tough new sanctions against tehran. slams hisrlos ghosn accuser after his dramatic escape. nissan critics and the japanese government are heading back. tom: and paying the price for months of unrest. the hong kong

the power of prevention. call now to learn more. of temasek and the governor of the central mike of kenya. the french finance minister agrees to delay his new digital tax until the end of the year. did paris just cave to america's demands, and will the u.k. be next? live from london, i'm guy johnson, with vonnie quinn in new york. we are counting you down to the european close on "bloomberg markets." ♪ vonnie: checking u.s. markets, we are seeing a nice rebound, about 0.3%. there are maybe 150 companies reporting this week, but also the idea that china is moving to curb the coronavirus from spreading even further has taken that fear away from markets today. 1.77% year yield still at , though, so there is still some

supreme court justice explained that the president should not have the power of preventing a thorough investigation of his conduct or of securing himself against the disgrace of a public conviction by impeachment if he should deserve it. donald trump cannot function as a judge, jury and executioner of our democracy. and it wasn't just the court to confirmed this for us. some of our nation's leading public servants, representative john quincy adams speaking on the floor of the house after he had served as president once exclaimed, what mockery would it be for the constitution of the united states to say the house should have the power of impeachment extending even to the president of the united states himself and yet to say that the house had not the power to obtain the evidence on which their impeachment is based. hamilton, adams and others have recognized the president cannot insulate himself from congress's investigation of his wrongdoing. the president could decide what evidence gets to be presented in his own trial that would fundamentally nullify the constitutional power of impea

the power of prevention. call now to learn more. the house articles of impeachment if they are not sent to the senate within 25 days of their adoption. send the articles or he will start the impeachment trial without her permission. first i want to applaud you. the idea we will just hold them indefinitely. we will lecture the senate how they will do their business or arguing the president is not the commander-in-chief. this is important. that means that if i read my dates are right, this case can be disposed of by january 11th. am i reading that right? >> that's right. this is day 19. this is so important. the house speaker is trying to run the united states senate. she is trying to hijack the trial and obstruct the trial. she is subverting the constitution. the constitution is clear. the house has the power to impeach. they have done that. the senate has the power to try the case. it's time for the senate to fight back. >> sean: what happened to all of the urgency it had to be done in record time? >> exactly. we heard how urgent it

supreme court justice joseph story explained that the president should not have the power of preventing a thorough investigation of his conduct or of securing himself against the disgrace of a public conviction by impeachment if he should deserve it. president trump cannot function as judge, jury and executioner of our democracy. and it wasn't just the courts who confirmed this for us. some of our nation's leading public servants, representative john quincy adams, speaking on the floor of the house after he had served as president once exclaimed, "what mockery would it be for the constitution of the united states to say that the house should have the power of impeachment, extending even to the president of the united states, himself, and yet to say that the house had not the power to obtain the evidence and proofs on which their impeachment was based. as hamilton, story, adams and others have recognized, the president cannot insulate himself from congress's investigations of his wrongdoing. the president could decide what evidence gets to be presented in his own trial that would fundame

the power of prevention. call now to learn more. this is "balance of power" on bloomberg television and radio. i'm david westin. for bloomberg first word news, we go to mark crumpton. mark: as you mentioned, the senate has opened its historic proceedings against president trump the formal reading of the articles of impeachment by house prosecutors. supreme court chief justice john roberts will swear in all 100 senators as jurors. the trial is expected to take several weeks. ahead of that ceremony, the ceremony -- the house and the president a victory, passing the trader core that revamps the nafta agreement. vladimir putin's choice to be the new prime minister was a surprise to many in the country. never had any political ambitions as a career bureaucrat and his name didn't even come up as a top candidate for the job. as a career bureaucrat in charge of process taxes, he has always kept a low profile and does not belong to a political party. president putin tapped him as part of a government shakeup wednesday. in the philippines, re

the power of prevention. call now to learn more. haidi: this is "daybreak asia." d-watts in sydney. kathleen: i am kathleen hays in new york. inund state tv says -- revenge for america's killing of top general qassem soleimani. let's get to sophie in hong kong for a check on how the markets are reacting. so far, fast and furious. sophie: fast and furious. we are seeing stock losses across the board. the nikkei 225 meeting that drop. the cost be under pressure, not being helped by the boost we are seeing. being draggedalso lower. we are seeing a pickup and bonds. the 10 year yield for the u.s. benchmark now dropping 10 basis points to a one-month low. the aussie 10 year yield sliding nine basis points this morning as this risk-off rally continues. we are seeing the moving currencies. let's switch out the board to check in on what's going on with the yen, which is gaining ground among all g10 peers. and the aussie and could be headed to 73 with domestic woes dragging on the currency as the yen, trading at its strongest level against the korean won since august while

the power of prevention.> phase one will be a truce. >> a truce. >> not a resolution. >> a handshake opportunity. >> largely priced in. >> not going to be a fundamental trade deal. >> fairly limited in scope. >> nothing has been resolved. >> there are no details. >> there are still much heavier issues to be tackled. >> the markets like at least we are not escalating. >> i do not think you can rely on just the trade news. >> fundamentals have been improving. >> supporting the markets. >> the balance sheet is the main focus for me, absolutely. views some of our guest's on the u.s. china trade deal. stocks trading mixed in asia. nikkei,the kospi has swung to . easing earlier gains. sophie: checking in on currencies and bonds, the dollar looking it'll change. yen, just holding steady below 1.10. korean yuan back below 11.59 against the greenback. offshore yuan holding firm near a july high. we are seeing the aussie and kiwi dollar lead gains among g10 this morning, while aussie bonds continue that rally we saw sp

the power of prevention. call now to learn more. sean: good news tonight, the middle east is still feeling the aftershock of president trump's decisive strike on iranian terrorist, general soleimani. reporting tonight, terrorists in iraq are targeting soleimani and joining now with more. the essence of this is wow. they were able to track this guy. he went on a commercial flight. >> that's absolutely, true, sean. white house intelligence and official is saying that actionable intelligence that allowed us to target solomonny -- soleimani and take him off of the playing field was so important. once they were able to target soleimani, the rest of iraq, particularly terrorists operating, had to take a step back. they couldn't protect soleimani. iran isn't going to protect us. they intercepted television communication as well as chatter and e-mail communication and internet communication that show that some of the terrorists leaders and organizations are sending their leadership into hiding or out of the region al together in order to pro

the power of prevention. call now to learn more. - guy: time for a global battle of the charts. kicking things off is mike mcglone. i am cheating. i am taking two charts. the bull case and the bear case. the first is the bull case. going back from the peak in 2011 to the bottom in 2015. what you see is gold striking above the halfway point. it is taking off and getting close to the next resistance around 1600. support is around 1500. then you look at crude oil. crude oil has been trending down for a while. when you look at the wti, the high-end 2018 about 75. last year, about 65. it is already made a new high from last year. i expect that continues. gold is the bull, crude oil is the bear. guy, back to you. guy: two charts. that is a step up. vonnie quinn, over to you. vonnie: he is wonderful. my chart is on iran oil exports. i thought it would be a good time to put this out. these are the main countries that accept iranian oil imports. white is india, red is china, yellow is turkey. blue is japan. healthy exports from iran to these

the power of prevention. call now to learn more. taylor: we join you to bring you the latest. ylor and let's take a look at the top global tech stories. slugging the threats of the u.s. imposing stricter sanctions. speaking at the world economic forum, he said he was confident that huawei can survive and the impact on business would not be very significant. apple is moving into original podcasting. apple is in discussions to make original podcasts related to programs on its video streaming service. they sent out a request asking podcast producers to pitch ideas ith connection to its shows. and the u.k. telecom giant says it wants to focus on its own payment efforts. it is now down to 20 members from expected 28 when it will launch in june. those are the top global tech stories we are watching. taylor: netflix has since recovered in after-hours trading. for reaction on the netflix numbers let's bring in dan rgan, which owns shares of netflix and joins us from atlanta. i want to show you a chart that i'm showing inside my terminal and the story that you are pointing out as well a

the power of prevention. call now to learn more. lou: breaking news.esident trump's congressional legal team past few days that he would choose to fight the radical dimms' impeachment. no questions tonight. he named doug collins, mike johnson, jim jordan, mark meadows, john ratcliffe, and lee zeldin to join the team. matthew whitaker, great to have you here. your reaction to the congressional' member of the >> one of the staunch supporters in the house. all great advocates for defending the constitution. if you remember the impeachment fiasco we saw in the house. who was speaking the truth? it was those folks on that list pointing out the weakness of the case and how unprecedented the attacks on this president has been. lou will be all standing up at the forefront for the president making ream differences. all of those -- making real differences. and this legal team led by cipollone, you couldn't ask for better. >> the challenge this impeachment is both sides 24 hours, the prosecution of the house democrats will have a hard time even filling the first

the power of prevention. call now to learn more. rk, this is open balance of power." reporting, have been plans for president trump's impeachment trial are moving forward. nancy pelosi says she has asked jerrold nadler to be prepared to bring resolution to the house floor to appoint managers and send the articles of impeachment to the senate next week. it comes more than three weeks after the house impeached the president on the charge he abused power of his office pressuring ukraine's new leader to investigate democrats. mr. trump insists he did nothing wrong. russia may be to undermine joe biden in the 2020 race. bloomberg has learned u.s. intelligence and law enforcement officials are assessing whether russia is trying to weaken the democratic front runner by promoting controversy over his involvement with ukraine. american intelligence agencies found russia worked to damage hillary clinton's campaign in 2016. united states is rejecting iraq's demand for troops to leave. iraq made the statement after u.s. airstrikes killed a top i

the power of prevention. call now to learn more. it is 9:00 a.m.d i'm tom mackenzie. i'm yvonne man. tom: let's get you the top story oday, the u.s. ordering more troops to the middle east as general.rns its slain oil prices easing below $70 and at a high.s step up china vows to to start banks and cracking down on shadow lenders. continues to t take a toll on the economy. we'll look at the rising pressure on

the power of prevention. he report, that took wind out of sails for stocks. that overstated, tariffs would stay in effect through 2020. maybe this is not that new. markets are digesting that, where the china thing stands. charles payne will have a lot more. hey, charles. charles: neil, thank you very much. good afternoon, everyone. i'm charles payne. this is "making money." stocks back in record territory thanks to blockbuster earnings. jpmorgan, delta, absolutely crushing it today, thanks to the american consumer. of course investors waiting on tomorrow's big trade deal signing between the united states and china. i will talk with former trump trade advisor curtis ellis. how big of a win for president trump and united states? the gloves are off, bernie sanders feuding with his rivals for the nomination including elizabeth warren. a heated war of words made of tonight's final debate in iowa. i think we'll see all

supreme court justice joseph story explained that the president should not have the power of preventing a thorough investigation of his conduct or of securing himself against the disgrace of a public conviction by impeachment, if he should deserve it. president trump cannot function as judge, jury and executioner of our democracy. and it wasn't just the court who is confirmed this for us. some of our nation's leading public servants. representative john quincy adams speaking on the floor of the house after he had served as president, once exclaimed, what mockery would it be for the constitution of the united states to say that the house should have the power of impeachment, extending even to the president of the united states himself, and yet to say that the house had not the power to obtain the evidence and proofs on which their impeachment was based. that's hamilton, story, adams and others have recognized the president cannot insulate himself from congress's investigations of his wrongdoing. the president could decide what evidence gets to be presented in his own trial that would fun

the power of prevention. call now to learn more. - subaru's chief executive does not see any evidence of americans wanting the electric vehicles. they are selling 300 units every month on average, so is subaru right are projections of electric cars dominating market unrealistic. >> what is the purpose of an electric car to save money on gas, that does not make sense considering gas prices are low, or a virtue signal to what about a great environmentalist you are, if tesla or which electric car company will succeed they have to do it without government subsidies, we've seen 1 they were removed in california, tesla sales plummeted. they forget the electric vehicles cars are power by coal, that is fossil fuel that generates electricity to run the tesla. >> i am get in there power by coal in injuring. jurisdiction. >> are engineering advantages they have faster acceleration and less drag and less weight. battery weight does compensate for the internal combustion lack of rate. >> i don't think that market there, you had every opportunity

the power of prevention. call now to learn more. p from the world -- guy: coming up from the world economic forum, brian moynahan. we will also speak to carrie lam outbreakgion and the of a virus. live from london, i'm guy johnson, with vonnie in new york. we are now counting you down to the european close on "bloomberg markets." ♪ vonnie: the coronovirus cast day overronovirus cast a pall asian markets overnight. underneath it, you see that the casino and gaming industries, the hotel industries, tourism, flight, they are all lower in the index. that is on exposure to asia if this turns out to be worse

the power of prevention. call now to learn more. taylor: this is "bloomberg markets." on in sydney.'s get a look back at apple earnings with bloomberg's su keenan in new york. better than and forward guidance for the notable mix. the miss on revenue and the services revenue is a lag when you considered that 34% surge in the wearables. i votes were off the chart terms of sale. cook, thiss of tim was a record all around. you look at the after-hours a you notice shares are up half a miss on services. given the high expectation is limiting the big rally in the stocks. stock when you have a price to perfection and these expectations set so high, normally they need to come in and crush it. which is what they did in almost every category. a record is hard to argue. let's look at the suppliers. they got a shot in the arm from the huge outlook. very positive for the second quarter. particularly for the latest models. you have the suppliers up across the board. if you look at the one year chart for apple, you have to remember they had come back from a disappointment in the prior quarter. they

the power of prevention. call now to learn more. ♪ live from new york, i'm vonnie quinn.om london, i'm guy johnson. and this is "bloomberg markets." that's good i italian politics. -- that's go to italian politics. providing a boost to giuseppe generalnd making a snap election less likely. let's bring in our correspondent. maria, miscalculation. -- maria come miscalculation. -- maria, a miscalculation. >> this is a huge blow. that is a huge sense when he conceded. you have to keep in mind that he was on a very personal campaign. he was essentially up-and-down is region for weeks. he really made this about himself. in fact, it is not clear who was running in this election. mena did a press conference and had to concede. this is not just a regional election. he really wanted to make this a national narrative. he wanted to turn this regional vote into referendum on the coalition in rome. he was hoping to get a snap election. that will not happen. when you look at the coalition back in rome, it is good news for giuseppe conte, which is the second time we see sold any move to

the power of prevention. call now to learn more. near session lows as europe crosses the close. a significant selloff. you can tell that by the bright red nature of the map in front of you. most of the main markets are off to percent. it is hard to find stocks in positive territory. the vast majority of the stoxx 600 is a negative territory. well over 500 stocks down. followed by an incremental move down toward the session lows. we are down 2.25% in europe. the main markets look like this. you can see significant losses. the ftse 100 and hit by hotel stocks, airline stocks, mining stocks. in the dax, auto stocks under pressure. it is the luxury stocks hitting the french market, down 2.7%. mainly lvmh. the sector breakdown looks like this. we are looking at every single sector in europe and negative territory. where we are seeing some defensive rotation is in utilities, telecom space, food and beverage, nestle. these sectors are still down over 1%. the bottom end of the market looks more ugly because of the sector story. the mining se

the power of prevention. call now to learn more. he issue of social security come a time and time again joe biden has been clear in supporting cots to social security. we have a difference on that issue as well. and other issues. is not personal, people have a right to know. >> that saying that i agree with paul ryan, the former vice presidential candidate, but wanting to privatize social security. i have been a gigantic supporter of social security from the beginning. >> we've got a billionaires who think they can just buy an election. he plans to skip the democracy part of the election. >> she's right about that, that's going to resonate. just two weeks until the iowa caucuses on the democrats claws are finally out. bernie sanders and his campaign ramping up attacks on joe biden over race in the former vps openness to the social security cuts. sanders is a distorting his this position. meanwhile warren is also ripping biden about social security. all of this with the top four candidates neck and neck in the first in the nation cauc

the power of prevention. call now to learn more. lisa: i'm lisa abramowicz. omberg "money undercover," a show that provides valuable insight into alternative investments. we take you inside while the world of private debt, equity, and real estate. let's get straight to those burning issues in private markets. kkr student loan business from wall street as the banking battles continue. big banks trying to win over silicon valley -- valley wealth. and we talked distressed debt, investing with nick pappas.

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the power of prevention. now to learn more. ♪ >> greg: if you've watched any of the democratic debate you would think someone drugged her food. you will find more signs of life on the moon. but it's about a network that once again asserts its own biases into the event. here is cnn's abby phillips questioning bernie sanders and warren over liz's accusation that bernie said a woman couldn't win in 2020. >> senator sanders, i do want to be clear here, you are saying that you never told senator warren that a woman could not win the election? quest marks because that is correct. >> senator warren, what did you say when senator sanders told you a woman could not win the election? [laughter] >> i disagreed. >> greg: was that a question or costello routine. that may have been the funniest debate moment i have seen have seen. >> senator sanders, i do want to be clear here. you are saying that you never told senator warren that a woman could not win the election. >> that is correct. >> senator warren, what did you thin

the power of prevention. call now to learn more. guy: cutting and running.w look possible? we are going to speak to sanofi's cfo. and we speak to danny why our lateabout 40's are why we few most downbeat, and the impatience of that. we are counting you down to the european close right here on "bloomberg markets." ♪ vonnie: one to bring you a quick headline first. senator cory booker is suspending his campaign effort to be the democratic presidential nominee. once again, cory booker becomes another person

the power of prevention. call now to learn more. >> ♪ >> laura: 24 hours ago we brought you an explosive story. judging by responses it struck a nerve. "the ingraham angle" showed you state department emails from last year that no one in tv brought you before. they centered on a january 2016 meetings between the obama administration officials and ukrainian prosecutors about how the efforts to fight corruption in ukraine might be imperled by hunter biden's ties to the organization. tonight whoa we have a new development. one of the ukrainians is a man who is a political officer in the ukrainian embassy. his name also pops up in a 2017 piece that detailed efforts by ukrainian officials to undermine trump's 2016 campaign. rin by the same reporter who after pursuing it didn't write that story about that white house 2016 meeting. he aided a dnc operative to hurt trump campaign to find connections between trump and russia. he didn't do this willingly. he was forced into helping her to go after trump. here's what he

the power of prevention. call now to learn more. ♪ vonnie: live from new york, i'm vonnie quinn.ondon, i'm guy johnson. this is "bloomberg markets." let's check in with the bloomberg first word news. here's viviana hurtado. viviana: we begin with the coronavirus. americans are being urged to avoid traveling to china. the cdc spearheading the u.s. effort to contain it. today's warning follows an advisory by the state department yesterday. it advised americans to reconsider travel to china. more than 100 people in china have died due to the virus. more than 4500 have been second. over to capitol hill, where senators are approaching the moment of reckoning on john bolton. president trump's legal team begins their final day of argument in the impeachment trial. then republicans will have to decide whether to call the national security advisor -- the former national security advisor or other witnesses. the federal safety investigators describing the final movement -- the final moment of kobe bryant's fatal helicopter crash. the pilot made a descending turn and struck a hillside. all n

the power of prevention. call now to learn more. >> this is bloomberg's first word.ment trial is underway again. the president's attorneys expanding on the argument they begin over the weekend that house managers failed to prove he should be removed from office. it can who prosecuted during the during execution, and the impeachment trial is defending the president. he said impeachments are becoming too common and are being used as a political weapon . you are seeing him live there now. the mayor of the chinese city for that deadly virus broke out said he would be willing to resign if it helps. the official told chinese television that both he and the commonest party secretary are willing to take responsibility for closing up the city including being removed from office for the city has been accused of being slow to disclose information in the early days of the outbreak. ireland is warning britain that brexit is far from finished and the irish prime minister says that union will have the stronger hand and upcoming negotiations on future relations between

the power of prevention. now to learn more. ♪ >> laura: here to respond to my "angle," matt schlapp, chairman of the american conservative, and chris hahn, host of the podcast. it was hope and change under obama. pretty inspiring, but i didn't agree with lot of his policies. some of our media friends, irs, two-party groups, what do we have in store if the democrats do win? >> what i really see his retribution, and i see the democrats being fully unhinged on their most radical policy views. we've seen it in the debates with the presidential candidates. reparations, health insurance for those who come here illegally. you know, the answer to every question of the debate the other day, the start of every answer was "the government needs to," and then you have all of these questions but what unites america. i think when it comes to these radical democrats, laura, i don't think the anymore agree with things we used to believe united us as a country. i don't think they like our founding, and i think a lot of them th

the power of prevention. ♪ ♪ ♪ ♪ neil: there must be something to self driving. general motors is releasing its first driverless car. details when that is. >> there a tech sports wrap and general motors acquired them in 2016. it is now with an estimated 19 million after additional investments. and honda have helped develop the self driving car which is called the origin. his electric vehicle with sliding doors like in some way. sitting for six and no controls whatsoever or driver. the plan is for general motors to build thousands of them. it is setting up a similar to over but much slower rate. you should save a typical family of six for example, over $5000 annually. compared to a traditional car ownership right every. the ability for each is comes has over a million mile lifespan. they delighted to further develop the technology and didn't announce a new target date last night but it has been tested. nearly 180 self driving chevy in the past couple of years and backup drivers on board. only handful of accide

the power of prevention. now to learn more. ♪ >> tucker: the sports world still shocked tonight by the death of nba star kobe bryant over the weekend. he and his young daughter and seven others died in a helicopter crash. it's a crushingly sad story. here is another detail about that morning you should know about. the last thing kobe bryant and his daughter did before they boarded the helicopter was attend church at the cathedral of our lady queen of the angels in newport beach, california. the service they went to started at 7:00 a.m. but according to the priest, bryant and his daughter got there early for communion. it goes without saying that people who own helicopters can do whatever they want sunday mornings. how many get up before dawn today communion with their kids? kobe bryant did that and because, unlike so many famous people, he was a generally private person, we never knew that now we do know it. what a sad way to learn it. cable news has struggled to get the american people to care as much as the

the power of prevention. call now to learn more. >> neil: all rights. kind of fox news alert.urprising one. attorney general william barr recuse himself from the case citing a conflict of interest. the attorney general attorney general for a lot of conflicts of interest that would make him not only conflicted, but an unreliable representative here. we will keep you posted for any further developments. the president overseeing an economy with the lowest unemployment rate for regular americans, all types of groups, women, hispanics, african-americans, lowest on record. martin luther king would like that, but what would he make of that? charles payne here to reflect on that. what you make of it? >> we are really in a remarkable stretch on that. the last 1.5 years and two years has been immense. i was looking at data. last year alone, nonwhite income growth was significantly higher than white income growth every single month except january when they were even. it's not just that they were a little bit above. the data i looked at with over several decades far above. we're talking 4

the power of prevention. call now to learn more. is. >> i understand what the speaker is trying to do. but at the end of the day, just like we control it in the house, mitch mcconnell controls it in the senate. i think it's time to send impeachment to the senate. >> speaker nancy pelosi, she got to congressman adam smith. because just a few hours after that, he tweeted -- i misspoke this morning. what? if the speaker believes holding the articles for a longer time for a fairer fight in the senate, i wholeheartedly support that decision. he's a committee chairman. mitch mcconnell, the one who holds all of the real power here, he made it clear he's done playing games. >> if the speaker continues to take her own accusations to trial, the senate will move forward next week with the business of our people. we will operate on the assumption that house democrats are too embarrassed to ever move forward. >> joining me now is the chairman of the american conservative union, richard goodstein, lawyer, and hillary advisor and congressman andy b

the power of prevention. call now to learn more. alix: military moves and proclamation in the u.s.estors wondering what will be next. u.s. company to file for bankruptcy in as many months and what is leading them. i sit down with the ceo of tovron chemical products tackle the world's changing stance on plastic. i am alix steel. welcome to "commodities

the power of prevention. call now to learn more. neil: all right. s jail cell raising a lot of fresh questions over his death, including some pictures that came out via "60 minutes" over the weekend. fox news correspondent bryan llenas with a lot more. reporter: neil, fox news obtained new photos that first aired on "60 minutes" that give us first time look inside jeffrey epstein's jail cell the morning he was found. it shows epstein's bunk bed, a mattress on the ground, prescription drugs, piles of orange sheets and bed linens all over his jail cell. a ballpoint pen and a note was also found in which epstein writes about conditions inside of the metropolitan correctional center a federal jail here in new york city. he quote, writes, giant bugs crawling over my hands. no fun. he claims guards sent him burnt food. kept him locked in a shower stall. epstein was allowed to have the sleep apnea machine inside of the cell as well with electrical cord. fox news also obtained photos of jeffrey epstein's autopsy. warning to our viewers, before we briefly sho

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