night foring last today's pressers, the small business group is putting out optimistic stuff. think the president's rate cut will have a big part of that. >> can you explain how it trickles to the average person's bank account? >> if you are running a business and your cost structure is slashed, you will have more money. have an economic therapy session sometime. marginal cost, marginal revenues. about to go into 2020. how much do you think the president leeway to negotiate with the chinese changes in an election year versus what it has been today? thatdon't want to predict these talks will go that far. that's up to the president. think his criteria change. he's protecting america, , ourding our economy manufacturers, farmers, he's defending us from unfair trading practices. i don't think that has anything to do with election. what he's looking at is the u.s.,erm security of the its economy, and workforce. go.tions come and every year is an election. down key trump has let principles of fairness and , and law-abiding deals and enforcement. he wants to do it. believe this, i wi

see some very aggressive questioning by the republicans to at undermining the case that professors pressers called by the democrats have made but they did an excellent job and again remember that these are highly respected law professors some of the stars in their field we've seen already on twitter one of the campaign advisors kimberly guilfoyle calling these people to star legal illegal stars but they are in fact the top of their field and we will see republicans who don't know the constitution and constitutional law quite as well as these law professors try to attack what they've said but also you might see them some of them just ignore those professors and move straight to professor turley to try and back up the idea that this has been a rush to judgment that we haven't heard from everybody we need to hear from that the facts aren't enough to make out impeachment i think that's what presser turley is trying to say that we need to hear from more witnesses of course the problem with that argument of we need to hear from our witnesses is the president has refused to cooperate with the inve

we're waiting on a presser from the fbi. they took over the case.s item of interest is motive, specifically was this an act of terror? that means something different to the fbi. they have to check certain boxes. we'll see what they say. as soon as it goes live, i'm going to take it. and we're also going to

. >>> just two hours until the fed decision and the presser markets in a tight ranigge rht now.uawk alley" is back in three. e filling out forms? maybe they like checking with their supervisor to see how much vacation time they have. or sending corporate their expense reports. i'll let you in on a little secret. they don't. by empowering employees to manage their own tasks, paycom frees you to focus on the business of business. ♪ music >> announcer: the "halftime report" out west with the bond team jeffrey gundlach and rates and the rally on cnbc. >>> welcome back to quack alley. you're looking at a picture of a 24-year-old elon musk fixing the window of a car. here he was nine months away from co-founding tesla his mom may musk tweeted that picture to which he replied i couldn't afford to repair so i fixed everything from the junkyard and that is me replacing glass. the circle is complete lol. it is nice to be reflective. >> somehow he looks 45 in that picture and the circle is complete similar to the quote from darth vader. >> now i am the master so bring it back to that disne

what they wanted to hear but they are going to be listening closely to that presser, as a matter of fact one trader telling me he hopes the federal reserve chairman has a red bull to spice up that there is a long boring presser, here is what else they told me that -- the forecast seems low 2.2% 4q, 2% next year they think not high enough going growth will be significantly higher than that, and they like the fact that the fed turned in a unanimous decision. that to them signals some kind of con siftency. >> everybody thinking is this what will happen once before i came to air telling me almost too quiet as we wait for this remember strong jobs numbers on friday, and just today we had -- core cpi up 2.3% one told me that is not no inflation, so there were concerns coming into this but i have to tell you as long as that press conference goes well, we may continue to see very light trading here, not a lot of movement, back to you. >> gerri will i guess thank you jeff straight out to you we are looking at market making a rebound here the dow almost at flat level after being down from most of

number of whom will be hoping to put their questions to him this she will be crossing live to the mega presser in just a minute. oh well can you watching r.t. international we do expect the russian president to start his annual media conference any moment now and when he does of course across life to the how you spend you moscow's world trade center and i will with local and international journalists has become a sort of and if you tradition in russia and if previous sessions are anything to go by the president could be fielding questions for a few hours to frank we've got a few 10 minutes in the lights going out but we can cross live now i think sorry look at a package. of tax relief stress is just around the corner so probably stocking up with gifts is the challenge that is on everyone's mind right now well unless you are a journalist with a badge that gives you access to a very special event this thursday the big ad you will wildomar puton q. and a well for such reporters the number one challenge is to get noticed and to somehow leave a sea of colleagues behind by the way if you thought tha

presser today well you go so you can continue to listen that's been going for just over 3 hours now and it's still ongoing will be popping back and forth as the russian president touches on pressing international topics. u.s. tech giants among them apple microsoft and google are facing a lawsuit from 14 congolese parents and children human rights groups accuse the companies have been complicit in the deaths of children who are working in coal mines in the company supply chains cobalt is in high demand as it's widely used and batteries for devices such as smart phones here some of the testimonies from children who for legal reasons have all been given the same name a warning you may find some of the upcoming photos upsetting. the chamber ceiling collapsed on people in a coal mine john doe 5 was one of only 2 survivors john doe 3 was living in the mine area on his motorbike loaded with 3 bags of kabul he was hit by a large cobbled transport truck and his leg was amputated after 2 weeks of working john doe will never was severely injured he was 14 years old when he was in the mine the fami

well pressers alex the writer david collins believes the break to tao's dominating recent elections us that it was going through there with labor failing to pick up the courtly. it to all intents and purposes the selection in the end became a practice of election which in itself was a de facto referendum and therefore in that context it is some of the standing say that type of tradition like that that in areas such as. west bromwich outside a booming and embrace the conservative party in the mini large majorities that than in the leafy suburbs the sorry i don't see a referendum taking place now you know if it's a case of ever wanting to rejoin the e.u. it will be as an absolute assadi from a position of great obliqueness i think bracks it was probably because syces factor in most voters' minds but there were a few other issues i mean it's fairly obvious that the labor's policies were quite hard left and i think that probably didn't resonate quite so well with as much as the public as they had hoped some of the policies were a little bit a little bit extreme to say the least so that was

trade unions are calling for continued protests, piling the presser on president emmanuel macron to backown on pension reforms. but the strain is taking its toll across the board. >> is just another wasted day, like yesterday. you cannot go to work and you cannot go to school. i will not be able to catch up. that annoys me, actually. >> life is difficult. i see people right here loving on the street. i am -- living on thee street. i'm concerned about the pensions, the unemployment. so i am in favor of the strike. >> i am supporting them. i am not taking part because i have to go to work. but i am behind them. >> the unions risk not being into with the public if the strikes carry on without bearing fruit. but the government cannot afford to see the country ground to a halt indefinitely. at the moment, it is a battle of who can hold on the longest. helena: tennis star caroline wozniacki will retire from the game after next month's australian open. the former top-ranked player in the women's game won the event in 2018 but later announced she has arthritis. she is currently ranked 37th in th

that in the uk right right now in saudi arabia yes we do have a presser a press release about that but it's been public hasn't been discussing that as well there hasn't been there is not any elites negotiation with t.p.a. live which i think is a key partner in this as well in the north there hasn't been any efforts from the prime minister's side in engaging what kind of peace negotiation is he having was the editor aside there so there's a lot to be desired here you've right a lot of questions and i do want to come to those questions about abby ahmed and what is expected of him now but i just want to stay with this for a moment's a new show and get your thoughts on how much credit can be given to work either because we have seen in the past and sometimes they've been controversial decisions but we have seen in the past where the nobel prize has been jointly awarded because there were 2 sides to the piece you've heard what both our other guests have had to say here do you have a different view on that or do you also believe that in this case given what's happening inside iraq trying. gi

children's minds i'll be back with their headline news including more on vladimir putin's marathon presser from today in just a few minutes so stay with us. i had a spiritual experience. and i had the little girl that died in the fire cynthia collins . say 5 year old son. are looking for a kidney reaching. 54 years old and 21 years old good role model. for a crime i didn't commit. my own stupidity was in a sense doesn't read lips but nobody would listen. you know the. trial was pretty much a force that they already had i'm guilty or that. nobody. stopped. laughing not people who will. approved of jimmy hasn't forgiven himself for something. i knew she was there and i knew exactly what i was doing. people life. sometimes there's no way to clinician. argentina love it this country is phantasmagorical the people are extraordinary the government and the central bank maybe not so much because of the central bank but let's get into this a little bit more detail. from the possibility of amending the russian constitution to the doping scandal from e.u. sanctions to impeachment proceedings statesid

bring us all the highlights from that 4 and a half hour presser then. another headline news u.s. house democrats have stuck to their guns adamantly going ahead and impeaching. donald trump is accused of abuse of power and obstructing congress but the whole impeachment saga could backfire on the democrats as it appears to a bra lead russian support republican support excuse me something the u.s. president has been quick to note. the 230 the nasal 197 president is one. article one is adopting. this lola's hard assume is a political suicide march for the democratic party have you seen my pose of the last 4 weeks and trump may have a point according to the latest polls he is gaining more support from the public since october just after the democrats started their impeachment inquiry against him is approval ratings have grown by 6 percent at the same time the number of people who think he should be impeached is declining from just over half in october to 46 percent now it's up to the republican dominated senate to decide whether to remove term from office however mitch mcconnell who l

they can short of escalating militarily i'm glad you brought up the election there because you're a presser of middle eastern studies and how do you think trump's policy in the middle east is currently polling with the american public and how is a wrong playing into that into his election strategy. well president trump said that he was going to get the united states out of the middle east and stop these stupid wars now and he hasn't stopped the stupid wars he did at least theoretically pretend to cole americans out of syria and iraq are half as heard way but he thought better of that and has kept troops in syria you know the americans i think today are fed up with the middle east they don't understand the situation the middle east well they tend to believe many at least his supporters believe that he is trying to get americans out of the middle east and even though that that's not borne out by the facts because we have more troops in the middle east today we've got more troops in afghanistan and we haven't gotten out of syria so this is you know the legacy of trump is really that he has con

decision at 2:00 eastern, followed by powell's presser lots to watch, though.audi aramco, boeing, home depot, waiting for clarity on china tariffs. europe is mixed. uk election tomorrow cpi just ahead of estimates. core rate up 2.3 year on year. road map begins with an historic ipo. shares of saudi aramco surged 10% in its debut, valued at 1.9 trillion the largest listed company in the world. >> plus, the fed and a trade waiting game stocks poised for a muted open as investors seek further tea leaves on trade and the fate of -- >> monopolies aren't bad if they are not abused tim cook coming to the defense of business but said apple isn't one. saudi aramco strong public debut. shares jumpedon the open, the maximum 10% on the stock exchange in riyadh limit up. the state owned oil giant is the world's most valuable company list at 1.9 trillion, that's about 6 exxons and above apple which has a market cap of almost 1.2 trillion. >> well placed deal. a lot of people in saudi arabia decided to buy this stock. and that boosted it. i think sometimes you get deals and t

as stated in the historic presser vision they -- preservation they identified a business nearby. this would not be in compliance with the code. >> thank you. next speaker, please. >> howard wong architect and nowtive of north beach. the legacy business should be evaluated on the merit of the business that has been there for decades and what it has contributed andment to do, the neighborhood to the community. when all of us travel to other cities around the world we often zero in on famous coffeehouses, small cafes and restaurants that there there for decades. those types of restaurants which are rare in san francisco and also rare in other cities, some of which have been around for 50 or 100 years. they attract social cultural interaction of the comment and the people who visit the city. they are markers what the city has been and will be over time. we are losing gradually many, many of those institutions. this business has to be given a chance to become the 50 year or 100 year community and cultural magnet we need that gives our city character, or neighborhoods a sense of place

stephanie grisham never gives pressers. and so the stone walling they have done, that i think is criminal, it is maybe the most dangerous thing that has happened. what donald trump did was horrible, but it could set a precedent that could be really bad. >> before we go, if they can call whomever they want and hunter biden has to show up, should democrats start to rethink their strategy in terms of not just saying listen he doesn't have to come, could they say it did stink, i wish he didn't do that. you would be hard pressed to find anyone that says i think it made sense that he had that job. >> i don't think that having hunter biden testify will be a total deal killer to impeachment and is going to net donald trump some huge sweeping victory where everyone all of his sins are atoned. i think hunter biden will say anything like that. it doesn't have much to do with him right now except that his dad is running for president against donald trump. >> coming up, a question that we're asking often on this show. are you better off

republicans bent out of shape the way it finished for the china deal, china went up at 11:00 and called a presser is true, we back what america is saying, we do have a tentative deal, we've got some the details which will go with on the show. it's a big day. yesterday was the big day and the day before, when we watched the same argument over and over again for 14 and a half hours on thursday and at about the same on wednesday, i had never seen a bigger waste of time or more people convinced that they were right at the end. very little mystery, it's extended into the day where the drama really was the 23-17, straight up party lines. spewing likely to be close but right now swing state democrats, take a listen to this. >> i feel bad for the democrat members, elected in districts that trump won. cell nancy pelosi is really putting these members on the line. they are really risking that they will lose the majority. i think they are. >> may be because i'm a former cia officer, sometimes you have to make calls that aren't based on a poll or on some political consultant. if this is the end of my politic

and then another presser who invoked the president's 13-year-old son and a sick, ugly, repulsive joke and trash conservatives during an anti-trump podcast and also had this to say about "white men." listen to this. >> the rich pampered prodigal sanctimonious white, straight times of the powerful do pretty well everywhere in the world and they always have. but what about us? snarky bisexual jewish women who want the freedom to say what we think, read what we want, and love who we do. >> sean: that was democrats impartial star witness, the only witness called by republicans constitutional caller jonathan turley ran circles around other witnesses with intellectual honesty, common sense and reason applied. he destroyed the democrats insane narrative and when he got home, his office was inundated with threatening messages demanding that he be fired. that is why we call them a mob and of course, none of yesterday's witnesses witnessed anything which means today we only have heard from a grand total of one fact witness grade who others are hearsay or opinion witnesses. that is not admissible

so as we await for this additional police presser, that is the information that we are bracing for rightow about the death toll and whether or how it will rise in the wake of this catastrophic event. back to you. >> all right. kristie lu stout bringing us the latest on this. as i mentioned, we are waiting for that news conference. as soon as it takes place, we will go to that to get more information on this volcanic eruption on white island in new zealand. many thanks to you, kristie. >>> it is a crucial day in washington. in the coming hours, another public hearing in the impeachment inquiry into president donald trump will get under way. this hearing is imperative as it will set the stage for the rest of the impeachment process. democrats are expected to present evidence against mr. trump. house judiciary chairman jerry nadler says he's confident the case for impeachment is solid. cnn's lauren fox is on capitol hill with a look at what to expect. >> reporter: well, house democrats on the judiciary committee have been prepping all weekend for what is expected to be a high-profile hearin

nancy pelosi remember refused to answer a fox news impeachment question at her first impeachment presseresterday. watch this. >> i said this is it. [inaudible] any other questions, trade agreement? anybody care about that? liz: does not want to answer questions and said she's been doing impeachment for two and half years and urgency that you have to do this but not answering question. >> that tells you all you need to know. if impeachment were a good thing for democrats they would be talking about it obsessively like they did with russia collusion until they cannot talk about it anymore. they don't want to talk about it because they know it doesn't help them anymore. liz: do you think when you watch this there are two americas, one america that is seeing what is going on in another america watching certain media saying this is what is going on, trump is a russian asked that he has to be removed. he's the most corrupt president ever. people understand we heard they don't like the president attacks people. they like his policies. so everybody who is a trump supported gets that. >> my colle

but nonetheless, there are still incidents -- >> jouulia, we'll go right now the presser taking place. >> we were tall called for assistance. that's why we're here assisting with this incident at this time. at 9:57 this morning, the police department received a phone call for gunshots. specifically a patient with gunshot wounds. here at the west freeway church of christ, when white settlement pd and fire department arrived on scene, they did find a total of three patients that have been transported in critical condition. that does include what they bloef is the shooter. so it's a total of three in critical condition that have been transported including what they believe at this time is the shooter. i don't have a lot of details as far as where exactly the incident occurred. if it was inside the building or outside the building. those are still unfolding. we'll continue to assist white settlement with whatever they need. a very tralkic day when anybody in our community suffers. whether it's a community that's next to fort worth or fort worth itself, our hearts and prayers go out to the

that having to do with fed we've got a fed meeting this week, kicking off tuesday, statement and presserwednesday your thoughts, expectations right now, it seems like the fed is on pause. >> yeah, i think it is as jackie -- zero chance fed going to do anything to upset the markets right now, they saw obviously, what happened last year three rate hikes into december things just went in a handbasket not going to up into this especially with december 15 basically right ahead of us, going to be tariffs if going to be retaliation, from china in terms of more terrorists to united states market could see a dip not going to stand in the way of that, they are going to just add whatever support they can, i expect whatever commentary comes out of the fed this week to be positive ready if need to cut rates. >> i am going to pose this to being of you we got headlines from ig report going to dig into that in a a moment but, also, waiting to see how the house moves forward, with impeachment proceedings, you know the markets trader that i was talking o to tridown at floor basically are shruging this off

he is these days a presser at georgetown law school. professor, i don't know where to begin.id he -- is there anything actionable about what he just said? >> i needed marie yovanovitch out of the way, in the prosecution business, we call that a confession. so he wanted her to stop working on the real corruption which was her area of expertise. and he wanted -- he was concerned that she wouldn't go along with what trump wanted, was this announcement of a fake investigation that would be in trump's political interests. the reason why this is so galling is first of all, we know that parnas and fruman, giuliani associates, were indicted for basically the same course of conduct, trying to get rid of ambassador yovanovitch and we know this is particularly troublesome for her because she was told by the state department that she had not done anything wrong and, again, if the trump administration was really interested in rooting out corruption in ukraine, they would have given her a raise, not try to fire her because that's her area of expertise. >> however galling, does it violate a

if we don't treat this like a war, if we don't organize ourselves much in the way the presser at yale kennedy has written a book called engineers of victory, which highlights the chi decisions that were made in order to win world war ii, it wasn't automatic that it was going to happen, and it's not far from automatic that we're going to win this right now. but if we make key decisions about how to decarbonize electricity, how to build the infrastructure necessary for an electric fleet in america, an electric vehicle fleet, how do we begin to change what's happening and our agriculture or industry which is producing an enormous amount of the emissions? there are many, many things available to us as solutions to this. and moreover if we invest the way america invested to go to the moon, to win the race that john kennedy set us out on, if were to begin to invest in the alternative possibilities of different fuels whether it's hydrogen or fusion or, you know, something nobody's talked about yet, america has an extraordinary record of breaking through, of setting the pace and that's what w

so i think it was interesting that he was there at that presser throwing that wild card question.ly, i think it's good when we see politicians have to be challenged in that way and see how they react. perhaps it is good for both the reporter and pelosi to see how she'll engage in a question like that. i thought it was a good thing. >> good to have you here. thanks for your take. catch brian tomorrow morning on his show "reliable sources" at 11:00 a.m. eastern right here on cnn. >>> still ahead for us why hill hill says she is disappointed in bernie sanders. and we are learning new details about the saudi soldier who killed three at a florida naval base and the heroic efforts by the sailors who tried to stop him. mini is a different kind of car. ♪ ladies and gentlemen for a different kind of drive. ♪ ladies and gentlemen for the drive to create a new kind of family car, that became a new kind of race car. for the drive to rebel, zag. for the drive that's inside you. and inside us. that's the drive under the hood of every mini. because every mini is... for the drive. ♪ today's senio

it was in striking contrast to what governor desantis said, that little clip we just showed at the presser yesterday in terms of holding the saudis accountable or making sure that they pay a debt to the victims. it was also, i think, in striking contrast to senator rick scott who put out a statement yesterday saying he wanted a review of the program by which these international students are able to train on american soil. so it almost portends a little bit of tension between the president and this relationship he wants to keep with saudi arabia, perhaps too close, and some of his supporters in legislative positions in florida and their concerns that they are probably answering from their constituents about why saudis are here on this soil, on american soil. >> i want to bring in nic robertson. nic, talk to us about the sequence of events. the shooting would take place and that the president of the united states would say that the saudi king called him and then the president would actually deliver the message of the saudi king. talk to us about why and how this is significant. >> reporter:

we're waiting on a presser from the fbi. they took over the case. now, one obvious item of interest is motive, specifically was this an act of terror? that means something different to the fbi. they have to check certain boxes. we'll see what they say. as soon as it goes live, i'm going to take it. and we're also going to look more deeply at who comes to our government and from where? and rudy giuliani is making moves that may be making things worse for this president. we have a big senate player here tonight with what it all means to him. what do you say, happy friday, let's go after it. >>> like i said, as soon as they tell me that the press conference is ready, i think we should listen to it. yes, we have a lot of other show planned but we can get fresh information on this very primary interest of why did this person do this. we know what happened at the base in pearl harbor. they are investigating that as some type of mental health situation. this one seems to be different, all right. so when the fbi is ready, we will go to them. here's what we

the presser fired at best a ambassador yovanovitch in the same way he fired his white house counsel. and finally the president attacked civil servants who have testified about ukraine, just like he attacked career officials of the department of justice for investigating into his obstruction of the russia investigation. under any other circumstances, such behavior by any american president would be shocking. but here, it's a repeat of what we have already seen, the special counsel's investigation. i'd like to take the moment to obstructing a subject that this committee has been investigating since march. here are two slides. the first one will show as he did, with the president, he did with ukraine trying to course his subordinates, this conduct by special counsel mueller. this slide shows when the news broke out of the president's order, the president directed his advisors to deny that he had made the orders. professor gerhardt, are you familiar with the facts relating to these three episodes described in the mueller report, yes or no please. >> yes, ma'am. >> expecting the special c

as soon as jay powell's presser comes to an end. "the claman countdown" is coming right back. what i love most about being a scientist at 3m is that i'm part of a community of problem solvers. we make ideas grow. from an everyday solution... to one that can take on a bigger challenge. we are solving problems that improve lives. but you don't feel good. with polycythemia vera, pv, symptoms can change so slowly over time you might not notice. but new or changing symptoms can mean your pv is changing. let's change the way we see pv. you track and discuss blood counts with your doctor. but it's just as vital to discuss changing symptoms as well. take notice and take action. discuss counts and symptoms with your doctor. visit takeactionpv.com dare ready for cartridgesms wanother school year? what does cyan mean? it means "cyanara," honor roll. (imitates shell fire, laughs) the ink! daaaad! daaaad! i'm so hosed. yeah. you are. (shaq) the epson ecotank printer. no more cartridges! it comes with an incredible amount of ink that can save you a lot of trips to the store. get ready for t

we have much more coming up, including carrie lam's weekly presser.rotest over the weekend. that is all ahead. this is bloomberg. ♪ this is a weekly thing. we are checking in on carrie lam and her press briefing to reporters. this is on the back of that massive protest we saw over the weekend of 800,000 people that took to the streets. the one line we are getting from the chief executive is that the government will continue safeguarding human rights in hong kong. this is also in response to what we have been hearing with this hong kong bill that was signed into law in the u.s.. david: she just started speaking. we will get you that once we have a bit more. the apple daily suggesting that maybe beijing would look at replacing some officials in hong kong who have little appeal will -- low approval ratings. that is something we will have to continue to watch in terms of these developments. we are going to leave that there. bloomberg subscribers can continue watching that live go. later this week, as well as some of the events you missed and may have miss

people are living in areas of high or very high risk areas of climate exposure of francoise as a presser of environmental geopolitics and migration dynamics at the paris institute of political studies says that a lot more global cooperation has to be done to counter this. well clearly climate change is no become world of deleting drivers of migration in this basement worldwide only last year in 2817000000 people were displaced as a result of disasters so these are more people displaced by disaster but by war and violence for example so we've started risking the issue and i would say that at the moment there are 3 ways through which the issue is addressed one is through the climate negotiations and here we look at all these can be funded and the other way is through a new organization called the platform on disaster displacement which was created in 2016 and this platform looks at oh these people can be protected and then of course there are 4 are like the global for one refugees where here the issue is to look at 0 d's mag ration is placement can be managed so i would say these are the 3

we will be watching very closely for that announcement tomorrow, and the fed presser to follow., liz claman, over to you. liz: thank you, jackie. we have history in the making in mexico city. just moments ago, the trade triumvirate of mexico, united states and canada signed the usmca trade deal. the house is expected to vote on it next week, but the senate is going to wait. maybe that's why wall street isn't exactly jumping for joy, or maybe the bulls and the bears are waiting on the federal reserve's interest rate decision tomorrow that jackie just mentioned. either way, something's got the markets trading in a very narrow range as we head into this final hour of trade. the dow which is up now eight points has crossed the unchanged line, back and forth, back and forth, 141 times. or maybe it's the question mark hovering over phase one of the trade deal with china. the "wall street journal" reporting that tariffs on chinese goods that are set to go into effect this sunday could be put on hold, but is donald trump simply over giving china yet another extension? a fox business exc

big news coming in the next couple of hours with the fed decision and then powell's presser at 2:30. for now the dow down and the judge with gundlach in l.a. in the next hour. so gets get to the half. >>> carl, thanks so much welcome to the "halftime report" live from the headquarters of double line capital in downtown los angeles. we're joined by the firm founder and chief executive officer jeffrey gundlach the markets, the fed and the president and everything on the menu in the next 60 minutes. we welcome in jeffrey gundlach thank you for having us once again. >> welcome to double line ged. >> this final fed day of the year >> yep. >> what do you expect today? >> i think i saw on cnbc yesterday there was a survey and the result was unanimous 100% said the fed isn't going to do anything and i have nothing to add to that. because that seems absolutely positively correct the fed will keep rates unchanged and possibly have a message that they are kind of encouraging inflation to go higher one of the most important statements that i think has gotten less play than it should is jay powel

she joined in 1997 the history departmentof harvard university where she is a presser of american studies . 2011 in addition to those duties she became dean of the radcliffe institute for advanced studies, a job she did until 2018 . she's been published in the new york times, washington post, boston herald . i don't see anything about the new york post here. her books include making a deal, industrial workers in chicago with one the prize and was a finalist for the pulitzer prize in history. another book was a consumers republic: politics in mass consumption in postwar america which is a widely used college textbook. the american passing with david kennedy and she's a member of the american academy of arts and sciences and i would say one other word and that is you should read this book from cover to cover. don't be put off by the fact that it has hundred and 15 pages offootnotes . there is more content and fun in those footnotes than in any book i have everread and you don't have to be a scholar to get it . these are not op-ed, these are stories in and of themselves and their worth readi

and then we have lavrov come out in the presser where he says i haven't seen any evidence that russia been no collusion. we indicted over two dozen russians including 12 russian gru officers by name. that means american citizens sat in a grand jury and did their public duty and saw the evidence and said, yeah, russia did this. he's got the report. he's got the indictments. what pompeo and trump should be doing is demanding that they cough up those russians so that they can be tried in the united states. >> you know, nancy pelosi famously stood up in that meeting and said all roads with you lead to putin, pointing at president trump. so i'm not like a big conspiracy theory guy or anything like that. but a lot of roads do lead to russia and vladimir putin. now, so, is it something special about russia? i've also heard from sources who should know that the president really does have a thing for the strong man leaders and for the putins and dutertes of the world, the erdogans who can get stuff done. so is it that or is it russia, russia, russia? >> i want to ask your opinion about whether

it comes amid continued margin presser across the industry. it is coming about 1500 jobs globally.g and research are being pared back. morgan stanley designing to comment. uber is facing another roadblock in germany. banning it.rankfurt the ruling says uber's business model is anti-competitive. customers will still be able to order regular taxis through verse app. that is your bloomberg business flash. nejra: thank you. coming up, a record high this week. nike fails to keep investors happy. we find out why. when you are traveling to work, tune into bloomberg radio. this is bloomberg. nejra: this is bloomberg daybreak: europe. nike was out with results yesterday. despite quarterly results soaring, it dip in late trading. late hoursipping in trading. traders are interest of losing money if the shares opened up lower again today. look at this option market. history,hest in nike's twice as many bullish bets. a lot of momentum going into earnings. the earnings result did be the street. two things weighed on those results. shares dipped in after-hours trading. a lot of people hoping that

. >> there's a presser after every meeting now and the presser is 80% of the questions and overnighto markets, we just don't understand, there's been liquidity at the end of the year. it's hard to explain jay powell will do a great job but, you know, i would guess that 8 out of 10 reporters are going to have them repeat the same thing over and over again, this is why we are in the repo market, we think we figure this out come the first quarter of next year, we will probably not have to do this. maria: bottom line, would you buy the market today? >> absolutely, we have to nafta 2.0 and phase 1 china deal and all happening in realtime, we are heading in the first quarter in strong position. maria: 2020, bring it on, bring pit hanging in the plans, boris johnson faces tight race, prime minister election tomorrow in the uk, what you need to know, the irishmen by the numbers. netflix finally releasing how many people actually watch newest film, i think you know how we feel about it, it's going to surprise you who actually watch and dagen will not surprise you at all managing ty? audrey's

a lot of -- a lot going on in that short presser there short and sweet.t of topics there and the president suggesting he might talk a little bit more before he goes home, but maybe no formal set piece presser before he gets on the plane to come back to washington. >> all right, thank you very much >> you bet. >>> let's bring back our guest host, tom farley, ken langone. we're also sitting here with steve liesman and mark sandy at the table. other things he mentioned in this, guys, we're not using huawei now, it is a security risk ken, what do you think >> it is a real threat i think we have seen invasions of technology that could be very, very frightening let them manipulate the power struggle, the grid, things like that you wish you didn't have to have barriers, didn't have to have restrictions but thank god we're aware of the threat and we're doing something about it i don't know whether it is overblown or whether it is overstated, whatever look, it is a tough world out there. and buyer beware >> yesterday, yesterday there was a story that the -- basica

he said we had a great meeting yesterday in reference to the video, he said there was unscheduled pressertake part in it, when trudeau was asked what were you referring to when your jaws dropped? i was surprised, pleased to the learn the next g7 will be held at camp david. he said the relationship between canada and the u.s. is extremely strong. asked if he felt put on the spot by potus yesterday, talked about the defense spending and nato contributions, trudeau said they increased defense spending and to 1.4%. you heard him yesterday. president trump said not bad. could improve. they're looking to get 2% of gdp. stuart: i would love to know what the president thinks about the video. susan: he said he was two-faced this morning. stuart: he called canada's trudeau two-faced but a nice guy. ashley: boris johnson uk prime minister, said i have no idea what video you're referring to, called it complete nonsense. i would be laughing not take seriously if i were president of the united states. stuart: that boris. i like that guy. get to money. serious stuff. market watcher jim awad with us righ

alix: a nice way of saying it will be a boring presser.mething, but this does not seem like one of the major events, especially when we look at meetings with new projections. alix: thanks. jan hatzius of goldman sachs. coming up, more on gamestop's potential support levels in today's technically speaking. this is bloomberg. ♪ alix: time for technically speaking. the big mover in the market is gamestop. what is the trade? gamestopes bought -- comp sales were down -- 20% in the premarket. here are your first levels. that is theis 531, october 31 low. second support at 505, that is 50% of the whole move. 531, thenort is you're looking at 505. alix: appreciated. that does it for me at bloomberg daybreak america's. ♪ here, it all starts with a simple... hello! hi! how can i help? a data plan for everyone. everyone? everyone. let's send to everyone! wifi up there? uhh. sure, why not? how'd he get out?! a camera might figure it out. that was easy! glad i could help. at xfinity, we're here to make life simple. easy. awesome. so come ask, shop, dis