with remarks from several fed officials, bill dudley, james bullard, esther george, charles evans, rob kaplan and jerome powell. lots of fed speak today. lots more commentary to add to janet yellen's yesterday. earnings, results from foot locker and abercrombie & fitch before the opening bell. >> we are not done with retail yet. landon dowdy has three things to watch in abercrombie's report. good morning. >> good morning. the street is looking for earnings of 21 cents a share on revenue of $831 million. beyond those numbers, here's the three things to watch. first traffic and same-store sales. the teen retailer cited traffic headwinds in the domestic mall business and a significant drop off in tourism. investors will wanted to see if this trend continued in the quaushter and what abercrombie expects for the holiday season. the branding, the hollister brand has been losing steam, however they feature denim and other basics. in may, the company expected better results in the back half of the year. the third thing to watch, the one bright spot is its digital performance. direct sales grew, and c

dallas fed president, rob kaplan and stan fisher taking part in a panel discussion at the imf.athaway's third quarter results are out. that's the big one today. >>> starbucks fourth quarter beat revenue. they missed targets for the fourth straight period. they say the election is weighing on consumer spending. china was a bright spot something howard schultz talked a lot about. listen. >> china has record revenue and profits in q4 and fiscal 2016. there are countless examples over the last decade of western companies and consumer brands that have tried, but failed to achieve relevance in china. >> on a programming note, starbucks coo will be on "squawk box." this company, it's not the first time we have heard it highlighted consumer uncertainty, creating a huge environment and the green cups and a sign of unity. it's impacting results. when you wonder about the uncertainty weighing on consumer decisions and the economy. starbuc starbucks, i'm looking at the research notes. it is considered one of the best executers and fastest growers and been down on a series of same sales num

markets,on bloomberg michael mckee had a conversation with rob kaplan live in mexico city.k, 7:00r london. this is bloomberg. ♪ tom: good morning, everyone, "bloomberg surveillance," on international relations, politics, indians, chicago cubs. francine lacqua board on baseball, in london, i am tom keene in new york. is takingr france steps to halt a slide in its market share. they will create a new long-haul unit. simplify awill also flight operations and work more closely with employees. there's a report that valeant pharmaceuticals may sell some of its assets part of the bausch & lomb unit which could bring inasmuch is to run a half billion dollars. valeant is sending -- selling businesses to reduce their debt. francine: thank you so much. a panel of senior judges will rule on the challenge to prime minister theresa may's plan. we are back with rob would from bank of america. we are deciding whether she needs parliamentary approval because it seems unlikely she will get it to get on with brexit. that is why the pound is expected to move on the back, but there will be a mi

steve's going to talk to rob kaplan tomorrow, i think, but this idea that a stronger growth and profitmore aggressive fed? when it comes to hiking rates next year? >> we think so. and we increased our forecast for one more rate hike next year and one of the reasons we hadn't really been concerned too much about rising rates is the market wasn't really expecting a lot more rate increases and the fed was kind of held captive if you will. now we've got something where it's starting to tilt kind of the other way where the markets may be expecting a few more rate hikes than the fed which is thinking lower for longer and in this regime where inflation was going to remain low for some time. and the fed actually ends up a little bit behind the curve. i don't think we're there yet, but that's one risk to watch. >> we'll be watching those inflation numbers, guys, thank you for joining us. paul, and samir. >>> meanwhile, the trump transition team making one announcement this morning. several more expected to follow. morning, john. let's talk about the one announcement that we've got son far which

dennis lockhart and rob kaplan have scheduled speeches while rob fisher will take part in a panel discussionney market funds took in more than $36 billion the past weekend. that is according to funds flow trackers epfr. market watchers pointing to election anxiety as a key factor. >>> now let's head back to the baron investment conference. andrew's got a special guest. >> hey, thank you, melissa. gannett's bid for tronc formerly known as tribune publishing is off the table. that happened this week following months of negotiations that went back and forth. then the financing got pulled. joining us right now is michael ferro. he is the chairman of tronc. we're thrilled to have you back. what a week or several months it has been. it seemed like you were getting very close finally to a deal after saying talk to the hand, talk to the hand. then it ended. what happened? >> you know, we've been in talks since early summer. we were as surprised as anyone. the financing -- gannett, they were great. they just couldn't get it financed. >> but let me ask you about this. "the wall street journal" has a h