what it back to rbc capital -- let's get back to rbc capital. still have a few days left. forit the line in the sand a psychological level? wouldchological, but i give that the real focus and the real point should whether we [indiscernible] or not. isforecast for next year 7.5. we have seen shifting throughout the course of this year. i don't think the market -- anchor: would this mitigate 25% tariffs? >> the problem for china is that a slowdown before the trade tensions let-up. we have china facing a trade war

head of investment strategy at rbc investment management. good morning. the equity market reaction, s&p 500 tumbling 1.5%. that therket saying fed is making a policy mistake in not being more dovish yesterday? >> the market is worried about that. that, there is still some support in the economy. the economy is still growing at a rate of about 3%. there is still some growth. earnings growth should also continue next year. clearly at a lesser pace than it was this year. we believe that there is still some potential in the economy. nejra: let's talk about the equity markets. i want to show you this chart showing the s&p 500 suffering its biggest draw down since the u.s. credit rating downgrade. the drop from the peak in september. i want to bring our mliv question to you.

canada the tenth largest bank in the world rbc capital markets posted its best year ever in 2018, up 10% from last year. the guess since you taken the helm you went from earnings of 1.25 billion dollars to $104 billion preview of the great damage point in terms of capital markets. what was going on in these markets were received one day down eight and appoint another day up to the volatility in the nervousness is real. >> yeah. the markets are much more volatile or -- volatile than they were a year ago. year ago we were remarking that markets were reacting to any news. now seems there is all sorts of news being reacted to. today there's an issue between china and the u.s.. this trade issue is ongoing. getting inflamed by some of the more recent events. what is that about? it the 5 hundred billion dollar plus assets applied to them pay

joining us now is from rbc capital markets. we always talk to you about oil and energy what do you make of the whole stew of what the markets are having to deal with? mattis leaving on top of everything >> i think it is really weighing heavily on this market. >> here is the thing yes. you have the saudis surging into the decision they are pulling back barrels. they report this week it will be a bigger cut than they announced. i think opec, but this has to do with demand.

wu silverman of rbc capital markets equity. brexit or it is market volatility, i kind of can't wait to get to the next earnings cycle when we start to hear from ceos about the outlook . >> that wraps it up for bloomberg daybreak: americas. coming up bloomberg markets the open with jon ferro. ♪

a nice pop after barclays, rbc both raised their price targets on that stock. mcdonald's up another half percentage point. >>> and now this. you would think we'd learned lesson. government doesn't make things very well. it shouldn't be in the business of making anything at all, really. and experience bears that out. growing up in socialist england i learned early on government-made cars are not very good, and government-made steel is extremely expensive. nonetheless america's socialists are now demanding our government get into the business of making, drugs, pharmaceutical products, actually making them, the government. senator elizabeth warren introduced legislation. the senator wants the government to buy manufacturing rights to generic drugs, then start making them. she believes this is the way to get drug prices down. and these government drugs would carry, quote, a fair price, whatever that is.

sumit: i think we have rbc calls for does there need to be more legislation, how do we need to do notification disclosures? i think the governments around the world are reeling. the gdp regulations in europe are swinging into action. had we incentivize companies to do a better job of this is a big question everybody is struggling with. emily: there's another issue that this hotel chain has data on very prominent people, where they traveled and when. that information could be exposed as well. sumit: as economic automation to sign up or something new and a customer's name and the national intelligence angle. if you know where a prominent person has stayed, there is a lot of value to that. it reminds me a lot about the came original articl -- cambridge analytica scandal. full transaction history is a frightening thing to lose control over. . emily: with the big breaches, the question always comes to mind, this is just what we know about. if this is happening -- is this happening everywhere and we just

rbc that did not happen. there would be lunch in the white house in his words a large group concerning border security. we have asked of names but have not heard anything official just yet. we have not seen a marine outside the west wing so for today. typically, if the president is working in the oval office a marine stands guard outside. he tweeted that there in the warehouse working hard. they are working with democrats on desperately need border security, gang, trafficking and war. the white house says they believe the president is in a position of power and following through on a major campaign promise. >> i am deftly not going to negotiate with you guys from this chair and i'm definitely not going to get ahead with the president will or won't do. but what he has said repeatedly is, he demands some type of security for the nation.it includes a wall. let's not forget democrats voted for a wall in 2006. they would again in 2013.

dealer agreement with goldman sachs and rbc and the dealers are responsible for the selling and remarketing of the c.p. to investors. in summary -- >> supervisor: real quick before you continue, explain to me your commercial paper note program. >> so, it's very common when have you a large capital program like we do in our water and waste water enterprises do as well, to provide interim lower-cost funding during the construction period of the capital project. ultimately you want to fund the project with long-term debt, 30-year debt but this is interim funding. commercial paper you can issue for up to 270 days, so less than a year, because of that it's much lower cost. so once the project is built and in operation then the goal is to take it out with long-term financing, revenue bond financing. typically, 30-year financing is

it's great to have in the program doug mcgregor chairman and ceo of rbc capital markets.on't go anywhere. my one-on-one with treasury secretary stephen mnuchin is up next. can the u.s. and china sustain their trade agreement? maria you might take something for your heart... or joints. but do you take something for your brain. with an ingredient originally discovered in jellyfish, prevagen has been shown in clinical trials to improve short-term memory. prevagen. healthier brain. better life. if his denture can cope with... a steak. luckily for him, he uses super poligrip. it helps give him 65% more chewing power. leaving brad to dig in and enjoy. super poligrip. comcast business built the nation's largest gig-speed network. then went beyond. beyond chasing down network problems. to knowing when and where there's an issue. beyond network complexity. to a zero-touch, one-box world. optimizing performance and budget. beyond having questions. to getting answers. "activecore, how's my network?" "all sites are green." all of which helps you do more than your customers thought po

it's great to have in the program doug mcgregor chairman and ceo of rbc capital markets. don't go anywhere. my one-on-one with treasury secretary stephen mnuchin is up next. can the u.s. and china sustain their trade agreement? their trade agreement? maria their trade agreement? maria comcast business built the nation's largest gig-speed network. then went beyond. beyond chasing down network problems. to knowing when and where there's an issue. beyond network complexity. to a zero-touch, one-box world. optimizing performance and budget. beyond having questions. to getting answers. "activecore, how's my network?" "all sites are green." all of which helps you do more than your customers thought possible. comcast business. beyond fast. maria: welcome back to the u.s. and china taking huge step forward this week. the two superpowers came to a tentative agreement to fully hammer out a trade deal in the next 90 days. this book with treasury secretary stephen mnuchin about the progress they are making with china and what the administration needs to do to seal that deal. >> we ha

it's great to have in the program doug mcgregor chairman and ceo of rbc capital markets.t go anywhere. my one-on-one with treasury secretary stephen mnuchin is up next. can the u.s. and china sustain their trade agreement? maria minimums and fees. they seem to be the very foundation of your typical bank. capital one is anything but typical. that's why we designed capital one cafes. you can get savings and checking accounts with no fees or minimums. and one of america's best savings rates. to top it off, you can open one from anywhere in 5 minutes. this isn't a typical bank. this is banking reimagined. what's in your wallet? lipstick gives the mouth color and definition. and als paralyzes the body. you look great mom. thank you, doll. slowing taking away the ability to move and eventually breath. ♪ there's no slowplace likargh!e ♪he ability i'm trying... ♪ yippiekiyay. ♪ mom. ♪ maria: welcome back to the u.s. and china taking huge step forward this week. the two superpowers came to a tentative agreement to fully hammer out a trade deal in the next 90 days. this book with t

it's great to have in the program doug mcgregor chairman and ceo of rbc capital markets.on't go anywhere. my one-on-one with treasury secretary stephen mnuchin is up next. can the u.s. and china sustain their trade agreement? their trade agreement? maria g g g g g ♪ ♪ maria: welcome back to the u.s. and china taking huge step forward this week. the two superpowers came to a tentative agreement to fully hammer out a trade deal in the next 90 days. this book with treasury secretary stephen mnuchin about the progress they are making with china and what the administration needs to do to seal that deal. >> we have a lot of work to do but i think this is the first time we have had a direct agreement between the two presidents. president xi and president trump everything president xi made strong commitments on changing structural and nonstructural issues and if we can get this negotiated and get a real agreement i think this is the single biggest opportunity for u.s. business and u.s. workers. maria: it sure is. talk to us about the issues because we have been talking a lot over

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it's great to have in the program doug mcgregor chairman and ceo of rbc capital markets. don't go anywhere. my one-on-one with treasury secretary stephen mnuchin is up next. can the u.s. and china sustain their trade agreement? maria gets secretary treasury stephen mnuchin's take when wall street continues. your mornings were made for better things, than psoriatic arthritis. as you and your rheumatologist consider treatments, ask if xeljanz xr is right for you. xeljanz xr is a once daily pill for psoriatic arthritis. taken with methotrexate or similar medicines, it can reduce joint pain... ...swelling and significantly improve physical function. xeljanz xr can lower your ability to fight infections, including tuberculosis. serious, sometimes fatal infections, lymphoma and other cancers have happened. don't start xeljanz xr if you have an infection. tears in the stomach or intestines, low blood cell counts and higher liver tests, and cholesterol levels have happened. your doctor should perform blood tests before you start and while taking xeljanz xr, and monitor certain li

it's great to have in the program doug mcgregor chairman and ceo of rbc capital markets. don't go anywhere. my one-on-one with treasury secretary stephen mnuchin is up next. can the u.s. and china sustain their trade agreement? maria hi.i just wanted to tell you that chevy won a j.d.power dependability award for its midsize car-the chevy malibu. i forgot. chevy also won a j.d. power dependability award for its light-duty truck the chevy silverado. oh, and since the chevy equinox and traverse also won chevy is the only brand to earn the j.d. power dependability award across cars, trucks and suvs-three years in a row. phew. third time's the charm... a business owner always goes beyond what people expect. that's why we built the nation's largest gig-speed network along with complete reliability. then went beyond. beyond clumsy dials-in's and pins. to one-touch conference calls. beyond traditional tv. to tv on any device. beyond low-res surveillance video. to crystal clear hd video monitoring from anywhere. gig-fueled apps that exceed expectations. comcast business. beyond fa

of the worst performance on the s&p 500 today, dropping more than 4% after a cautious warning from rbct some more details. at rbc said be cautious when it comes to amd primarily because of weakness in the average selling price of its processing unit. it's an add-on you put into personal gaming computers and they say there is weakness because of the secondary market and ultimately, that could weigh on the margins for gaming revenue. gaming is an important segment for amd and this could ultimately impact their fourth quarter. akinompany reported october that their sales revenue forecast came in under expectations and they chalked it up to gaming processing. this in the at terminal showing what has happened to their shares since october, it lost nearly half of its value. quarter in ath decade. it is the worst quarter in a decade. it still the best performer in the s&p 500 year to date. the pain we have seen in the fourth quarter is relative to the rest of the year. guy: what are we learning about nvidia as well? crypto and gaming, gaming makes up about 50% of the company's revenue. implie

. >> next up on the trader blitz is nvidia, once a trader favorite now rbc capital markets cutting thece target to $200, that's 56% upside even with the cut and the price target. >> i own calls in here, the 135 calls, brian, got a couple of months for them to play out so hopefully that works out we also had rbc, reiterating them with the buy because of the gaming side of their business, they're saying it's underloved and i certainly say given where the stock is 126, $127 a share, i think it's got a lot of upside >>> apple supplier voxcom. may start making higher-end iphones in india next year according to a report from "reuters." what do you make of this >> i make that this is probably the sixth or seventh time we've heard something in the past year that's going to be a tremendous headwind to the fundamental business of apple. when you look at apple right now, it's simple if you're an owner of app apple, you're probably holding on to it because you believe in the business long-term i believe in that investment strategy otherwise if you're sitting and don't have a position in apple, i m

what it back to rbc capital -- let's get back to rbc capital. still have a few days left.psychological level? wouldchological, but i give that the real focus and the real point should whether we [indiscernible] or not. isforecast for next year 7.5. we have seen shifting throughout the course of this year. i don't think the market -- anchor: would this mitigate 25% tariffs? >> the problem for china is that a slowdown before the trade tensions let-up. we have china facing a trade war at the worst possible time and as a result, it will cost strategy and those costs are going to be very high. --lowering the ratios for banks, basically forcing banks to increase their share of lending. privateto go to the enterprise and if you crunch the numbers, you are looking at growth of 340%. that comes with a significant credit risk. >> we have not seen them go down the way to have it. in fact, they have been pretty stable. is that making a better backdrop for china to actually go lower? >> i would say a lot of the headwinds are very negative. there is a situation and you could make a case

e paint mak ppg was upfwraded to sector perform at rbc capital markets. iting favorable raw materia pricin the price target is $121 dlrs. the stock rose a fraction to 97.07. >>> still ahead nike's run away quarter. let. >> the stakes were high for nike and the company did notittes appoint. after the bell the dow component turngd turned into a strong quarter thanks to strong dman in the key north american market nike earned 52 cents a hair. better than estimates. revenue rose by 9 peppers to more than $9 billion and the stock took off in after hours trading ton. sarah eisen has more on results. >> wall street may be worried about a global slowdown but nike is not feeling it. across the board beats for nike on earnings and sales. if you look around the world it's strong everywhere. greater china and importar growth dri for the company plus sales gained 27% despite the trade fight betden the u.s. hina escalating. north america, its home market and justtl recy turned around, grew 7%. better than analysts expected. even europe, which is seeing a slowdown in ec

rbc estimated a 10% increase in tariffs would impact negatively apple. 25%, the risk could be about 20%nings. its products and have not been caught up in the tariff talk over the last several months. but investors are concerned. are and: they certainly in oversold territory, it is a buy? terrorist, and political certain -- terrace and political uncertainty, will 2019 be a happy new year? and the white we have their volumes for the year and year on year from 2006. up $3 trillionre in deals, the third best year on record. to the not so good news, if you look further down into the year, this is showing the volume for fourth quarter for deals from 2006 onwards. this year's fourth quarter is the worst since 2013. that is because the tax at the start of the year that fuels a lot of deals, particularly in january, has now eased and people are worrying about trade wars and brexit and the white house policy. they are worried about the financial markets, equity market volatility. as we look to 2019, dealmakers are concerned these could bring down volume, particularly at the start of the year but

joining us now is rbc capital markets, nick modi it's hard to look this far in advance.e of the most important trends you're trying to understand for a name -- today might be more attractive given all the selloff. >> the point of this project was to create a framework to help understand things that might not be evidence today but could come around the corner. for instance, had we done this type of project, we thought about what happens if amazon bought a grocery store that would have helped us understand this dynamic going on right now with amazon. >> if you understood five years ago. >> exactly >> what are you looking at today? >> a lot of things one of the best parts about this report is we went around the world and scanned what was going on in labs and research facilities and startups and said hey, what if some of these products for ubiquitously adopted? the iphone, no one at that time would have thought the revenues and the opportunity coming out of that product, that one product -- >> and uber would be launched. >> it changed how we consumed, how we behaved how we'r

in general rbc, which says a lot about the uncertainty right now. bell and s&p at the cnbc real time exchange today. the new york city ballet celebrating the nutcracker at the nasdaq new york cares coat drive in its 30th year not a ton of corporate news today. but sarah, i know you have some. >> watching campbell soup. we got news. we knew the international business was up for sale, so now, we know that kraft hines is in the running second option for that business. they're trying to slice and dice their business and engineer some sort of turn around plan the bigger news is that we have a new ceo coming in at the end of january mark claus industry veteran still puzzled at the timing of the announcement of that con agra had a mark down u to the markets on the same day campbell l announced he was coming in to take over because of all sorts of issues we'll watch campbells soup i was going to point out energy stocks worst performing sector down more than 22%, the question is is supply, the economic demand fundamentals changing for the global economy and

i was a bit surprising that trump rbc holton as someone who is a disruptor and makes the unconventionaloice. and william barr isn't quite that! don't get me wrong, i think is a good choice but i don't think is the direction that the president would be going in. lou: what direction did you think he would go? >> at that he might go its own that he had a longer personal history. frankly, i think it is good to get someone that is independent, precisely because they will have the courage to stand up to him. lou: i hate when you prosecutors use the word independent. because that to me is just pure nonsense. >> you want independent! lou: the president is the boss, that department just like any other. an independent should not be synonymous with the word rogue. as that was what we witnessed. >> i agree that but i think it is the presence of law enforcement agenda. but at the same time you some of that is an honest person not afraid to call as he sees it and tell the president in some cases the law does not allow you to do this. lou: well, he has lawyers around him -- >> no shortage there. lou:

. >> the texter of the rbc, the film documentary on the short list for academy award.ou. >> i know and your co-director we have spoken here on the show, you guys have spent a lot of time with justice ginsberg, three years, observing her, spending time with her. what was your reaction when you learned about this new diagnosis? >> well, obviously, like everybody else, it's very concerning. but justice ginsberg is a very strong and determined person. i mean, she has survived two other bouts of cancer. it seems almost every year, 2009, colorectal, 1999, colorectal cancer and in '99 early stage pancreatic. she is today, we are told by her office, she is doing well. she's up and working. she's expected to go home in a few days and i'm glad you have a doctor on. i am not a doctor, but everybody seems to be very optimistic and certainly that's been her approach to her life, in general.l she's a glass half full person. i'm sure that's how she will tackle this. >> one of the most memorable parts of your document sari a scene where she is working out. i just want to play a quick

rbc lowering the price target to $200 from 230. points to falling prices for chips on the secondary market. they maintain an outperform rating. >>> and the worst performing stocks in the dow so far in today's session. those are big names. a lot more "squawk all" il ead.eystl don't go anywhere. when you trad? i want free access to research. yep, td ameritrade's got that. free access to every platform. yeah, that too. i don't want any trade minimums. yeah, i totally agree, they don't have any of those. i want to know what i'm paying upfront. yes, absolutely. do you just say yes to everything? hm. well i say no to kale. mm. yeah, they say if you blanch it it's better, but that seems like a lot of work. no hidden fees. no platform fees. no trade minimums. and yes, it's all at one low price. td ameritrade. ♪ >>> major averages off session lows, down 528 was the session low on the dow look at what's dragging the nasdaq lower, across the board in europe. dax down the european close and "squawk alley" in a minute shield℠ annuities from bri

shares are up 19% in the last three months rbc says no signs of that run slowing down so we have a debate on our hands now. they raised the price target to $74. that is 13% from here. so this is a stock that had a big run, their guidance is light if you want to call it that. what do you do with starbucks? >> sales and earnings are still above the trend that they have witnessed the last two years so this is prudent, it is conservative, but i think these numbers are achievable i think on the buyback i think it is an opportunity to get into the stock. i think they developed some strong in addition tiinitiative. they have uber eats relationship they have a relationship with ally ally -- ali baba over the long time, i think it is achievable. >> hard to find a ton of stocks that over a three month period that is up 18.5% like starbucks is mcdonald's is up 14.5% >> and that is a great point think about the management and how entrepreneurial they have been all day breakfast, technology and stuff. and with what came out from starbucks yesterday, i see a lot of the same. and it is not just expandin

this comes after the company said it has an exclusive for rbc fund, the majority holder.ing to sell majority stake to cbc capital, another pe fund. this is stoking those rumors of a takeover that's helping a bid come into the market for this potential end of the year m&a deal. anna: dani burger with some movers in the make cap space to give an eye on. yearxt, 2018 was a tough to stomach for packaged good companies. we take a look at the year for the food and drink sector. that's next. this is bloomberg. ♪ anna: welcome back to the european open. a positive trading date for the markets that are open. we are not all here. london is here, some of the euronext markets are open, up .6% in paris. let's talk food and drink. seems appropriate. 2018 was a good year for european consumer staples, which outperformed the stock 600 by 4%. things were tougher for packaged foods. they underperformed by 9%. what is the outlook for 2019? fox, fromed by duncan bloomberg intelligence. thank you for speaking to us. what are the challenges for the sector as you look at 2019? how do things loo

why rbc and this huge increase in measles cases? there are a couple of things.ad these diseases really are the mac the aisle —— burstein as diseases of children that would not make people very sick but of course they do. this year we are going to have over 110,000 death from measles around the world so we need to have people understand how important it is to control this disease. are the biggest increases in the number of cases in countries where there have been significant moves against the vaccine programme? of course, we had a situation where the disease was well controlled in wealthy countries and not so wealthy control —— not so controlled in the developing world. they are doing better at shockingly, in the developed world we are seeing people what a way from the vaccine and so we have seen outbreaks across europe, across the americas, venezuela is a big example, there is missed a 500% increase in cases in europe right now and this is linked to the ante vaccine movement and news that is not placing the facts in front of the public. for example, we have seen

rbc, the greatest example, is to lead by his own example. he would lead by example more than by preaching. more than by castigating, more than by denigrating. he would lead by example in his own lifestyle. will know the simple lifestyle that our prophet used to live. i said to a famed power and chose to give it all up. it's a very difficult pill for many of us to swallow. it's very difficult lifestyle for many of us to embrace. as well, obviously the moral impact ability of the prophet. again it is very difficult. all of us have shortcomings. as well, the spiritual component. and i think that's a very weakness and i will be the first to acknowledge myself, a true leader has to have a strong faith in his god or her god. and that faith has to be manifested in one's religious outlook and one's ritual, one's prayer. one's devotion. you really cannot be following the prophetic example without following the prophetic lifestyle of rituals and prayer and charity and sponsoring orphans. this is a package deal. so again, let's be careful of not cherry

rbc, you don't want the commonest the inflation, you do have to respond but we currently operate in this environment where even though the infection harvest is, the acceptable rate is zero to 2%. as soon as unemployment -- as soon as it goes up, something must be wrong. i think it would make more sense to say, all things equal, one to 3% should probably be the range we operate. we should actually say, rather than have a biased preempting any inflation, even at the expense of workers and wages, we are just as concerned about preempting, and the reverse. i do think that's one implication. the other thing i'll mention, i'll take that question and great dimension, i do think it support and we look at the current economic moment that we are in to distinguish between the secular and cyclical trends we are seeing. there's no question we are in a tightly market now. that is a good thing for workers. one, it still does not look as good as it does and past business cycles. right now, is worse than 2006 which was worse than 2000 which was worse than the late 80s. you see a similar trend with wage g

wu silverman of rbc capital markets equity.volatility, i kind of can't wait to get to the next earnings cycle when we start to hear from ceos about the outlook . >> that wraps it up for bloomberg daybreak: americas. coming up bloomberg markets the open with jon ferro. ♪ jonathan: i'm jonathan ferro. the countdown to the open starts right now. coming up, the u.s. and building tensions over the arrest of the huawei cfo. a small window open for the race to go public. uber set to join lyft and fighting for an ipo. good morning this monday, with future stable, recovering from early losses, following a big week of losses on the s&p 500, the biggest week's decline since march. nervouss worldwide about buying into pullbacks. >> buying the dip is not working. >> heightened uncertainty. >> confusing and messy. >> uncertainty. we learn to live with the noise. >> learning e

joining us now is from rbc capital markets.always talk to you about oil and energy what do you make of the whole stew of what the markets are having to deal with? mattis leaving on top of everything >> i think it is really weighing heavily on this market. >> here is the thing yes. you have the saudis surging into the decision they are pulling back barrels. they report this week it will be a bigger cut than they announced. i think opec, but this has to do with demand. >> we have breaking news to tell you about. >> yeah. i just ran into the council of economic advisers. earlier, a few minutes ago i brought you that reporting that he had given excellencomments w thought the white house was being too contractionary also that the white house thought two rate hikes next year is two too many. i just asked him for his reaction to the peter navarro comments i asked him if he agreed with concerns that the fed is being too contraction nar. he said i would not concur with peter. think the appropriate position is to respect the independence

york stock exchange >>> oil prices falling over a glut in supply and market volatility with us now, rbcad of commodity strategy helima croft. good morning to you, helima, where are prices headed for 2019 >> we think higher there are fears about the supply glut but opec cuts haven't taken effect yet it's 1.2 million coming off the market and we have seens from opec ministers, the saudis that they're prepared to do more. fears about a global slowdown will weigh on the market but we think the supply picture should be improving heading into next year. >> john. i think it's a key point have the oversupply concerns -- as this narrative been overblown? i ask because potential opec cuts but because those waivers involving iranian crude are temporary. they're only for six months. >> that's right. and those waivers tricked the main supplier, saudi arabia and russia, into rushing a burst of supply on to the market that has tripped us into this temporary oversupply i would point out that crude oil prices held an important level, down 4250. >> 42 is the number that i've been watching, a lot of us ha

36% of revenue is still core coke according to rbc. that's a global statistic and can they do it in a challenging macro economic environment with growing dollar headwind as the dollar has strengthened against all currencies and the political uncertainty rising. quincey told me that before an exchange issue is clearly a problem and that's why he's focused on things he can control, like the portfolio innovations, m & a and really just keeping the diversifying total beverage company going. >> i like that body armor. you know what i don't like, the machines with the buttons -- i know people like to mix the sodas, but it's glitchy and i press it and then it takes time and then you press the wrong thing and i got to go back to the start and i get frustrated and i walk away. >> reporter: you're talking about the free style, so that's very nonmillennial of you, kelly, because where this industry is going and it's not just coca-cola, it's nike, any consumer company right now is thinking about personalization in terms of products and that is bui

. >> reporter: so how do apple bulls respond to all of this i checked in today with rbc.ual financial results have historically not been as bad as supply chain data points suggest. in other words, the numbers should be better he says when the company does actually report. also the street is discounting he says the contribution of those faster growing services and wearables businesses and valuation now looks more attractive. a lot of the bad news is priced in at this point. guys, back to you. >> all right. josh, thank you. >>> so will apple stock make a comeback in 2019. we've got a bit of a debate here gentlemen, thank you both for joining us. james, you say back to a trillion dollars, why? >> back to a trillion and then some. i think what's happening right now is there's a lot of fear given the fact that people have gotten burned on know kia and rims. what people are not considering is the fact that they don't actually have to grow iphone units from where we are now for the stock to work. there's two things happening. that growth alone can propel 5% growth in the top lin

info tech, nvidia, amd, rbc put out a note saying near term caution on gailing stocks.. let me tell you quickly what is really doing bad and that would be health care. biotech, insurers, across the board, celgene, unitedhealth, j&j all down. communications sector, disney with reports they are in a dispute with verizon. they are down 10 percent because of argument over fees. cbs down 2%. netflix down three. we covered technology. let me tell you when you look for sectors doing well today, it is very difficult to find any. mostly they're just not doing as bad as the ones doing badly. back to you. blake: right, right. gerri, thank you, appreciate it. >> you're welcome. blake: we're getting all the massive moves in the market, by the way. there is very little headlines and news on trade which is moving the markets leading up to this in the weeks and months prior. potentially move the markets as all trading negotiations in china pick up again in the beginning of 2019. trade talks set to resume, we thought we would revisit our favorite debate of the year. watch. >> i love jon

going back to amazon story, alexa is going to be such a big part of amazon's overall sales, rbc put as, she's going to be 5% of amazon's total revenue. isn't that amazing when you ask alexa to do everything for us? >> it's scary that homes have become automated and my concern goes to privacy, what happens when you're having intimate conversations when some executive has ability to tap into your windows, your lights, tvs, that makes me think. lauren: convenient at the same time, coming up, get ready to hit the road in style, we will take a look at lincoln's limited edition there it is 2018 continental, features retro twist, when we return. this is not a bed. it's a revolution in sleep. the new sleep number 360 smart bed is on sale now during our lowest prices of the season. it senses your movement, and automatically adjusts to keep you both comfortable. it can even warm your feet to help you fall asleep faster. so you wake up ready to make your resolutions, reality. and now, the queen sleep number 360 c4 smart bed is only $1299. ranked #1 in customer satisfaction with mattresses by j.d