let's get back to romaine bostick.t turns out that headline risk is back and markets were thrilled. treasuries were under pressure. the 10 year dropped to its lowest of the day, cash yields went back up to 2.75%. romaine: the broader market didn't rally that much. look at transports. dow transports up 2%. there's a lot of money pouring into those stocks that seem affected by the trade war. commodities will be a huge component of this. mostis report is true, the logical measure they can take is to buy more u.s. grain, soybeans, corn and other things. that will have spillover into caterpillar, deere and others. vonnie: what about companies exposed to china? any danger for those companies? havene: a lot of companies already made contingency plans to deal with this. nobody pulled out of china altogether. most companies took some steps to diversify themselves and protect themselves. canhis comes to fruition, you put the u.s. and china back at a stage where they are cooperating? i'm talking on a business level, where there i

joining us now is romaine bostick, co-acre of -- co-anchor of "what you miss." american airlines had a forecast that just blew away all of wall street's expectations. it willasically saying grow at a maximum of about 2%. that does not sound like a lot, but it is a lot better than what many folks saw a few months ago. southwest will grow with a little bit faster, 5%, jetblue as much as 1%. what american has done is they found a way to really control rising by focusing on more n charlotte,ubs, i north carolina, in dallas, and that has helped them control profits. david: revenue credit is a topline part of it. what about the cost prohibitive? romaine: this is part of their strategy. remember, united did this last year, where they focused on only their more profitable hubs. obviously fuel is still a wildcard, but if worse fuel prices have come down pretty dramatically from where they were a year ago. call, theyerence basically said it will be much more efficient and much more comfortable, because they will to ale to price things consumer level that will keep prices

romaine bostick is stepping in where we'd you miss?" speak about venezuela and what it means for bondholders specifically. this is bloomberg. ♪ lisa: live from bloomberg world headquarters in new york, i'm lisa abramowicz in for caroline hyde. romaine: i'm romaine bostick. joe: and joan wiesenthal. -- i am joe weisenthal. lisa: dow physically unchanged. indices higher for the day. joe: the question is, "what'd you miss?" chipmakers down after missing annual sales forecast estimates. day 34 -- senators reject two rival plants to ending the longest government shutdown in u.s. history. defiant in the face of opposition -- nicolas maduro says he will never resign, accusing the u.s. of leading a destabilization campaign after trump supported the opposition leader. romaine: of course we just got intel earnings a few minutes ago. we are seeing then miss on fourth-quarter revenue, miss on eps guidance, and miss on full-year 2019 revenue guidance. we have bloomberg reported interviewing the ceo, saying that the board is working on choosing the n

jonathan: romaine bostick, thank you. we will talk more on airlines and autos a little bit more, next. this is bloomberg. ♪ guy: from london i'm guy , johnson. vonnie: in new york, i'm vonnie quinn. guy: before the break, we talked about turning our attention to the auto space. ford announcing it will cut thousands of jobs in europe and may close protection plans in the u.k. jaguar and land rover planning on slashing jobs as well. joining us from munich -- how bad is the european auto market right now, these companies having to take such dramatic steps? >> yeah, absolutely. it has been a bad day for carmakers in europe with ford and jaguar announcing layoffs. and these things we saw today, there have been rumblings along those lines for quite some time. it is easy to see why, we have seen jaguar and ford move as the first, because both are majorly depended on the u.k. and brexit has been a major factor. for ford, u.k. is the biggest market. jaguar has its main operations there. for both companies, you have had other facto

romaine bostick is stepping in next for "what you missed." toe's plunge as they head think of sick court. ♪ -- head to bankruptcy court. ♪ caroline: now from bloomberg world headquarters in new york, i am caroline hyde. romaine: i'm romaine bostick. joe: and i am joe weisenthal. caroline: here is a snapshot of how the market closed in the red today. however, it was a dive down. joe: the question is, what did you miss? caroline: citigroup offering. worst is over for the fixed income trading unit. revenue plunged 21% in the fourth quarter. pg&e plans to file for bankruptcy after liability for a series of wildfires and lack of leadsne from california the utility company with no other option. and the trade war takes a toll. china slumping exports raise concerns for a slowing economy. first, let's talk volatility or the lack thereof. the vix index has been falling since christmas. today, in its 13th date in a row the vix has fallen from open to close. a long time since we have seen that happen. calm in the markets, the best performance since perha

romaine bostick is stepping in for "what'd you miss?" we will be looking at the fallout for the brexit vote in which theresa may was defeated. from new york, this is bloomberg. ♪ ♪ caroline: live from bloomberg world headquarters in new york, i'm caroline hyde. romaine: i'm romaine bostick. joe: i'm joe weisenthal in los angeles. caroline: today we were higher, risk on trade. china has the stimulus. joe: the question is, "what'd you miss?" u.k.ine: brexit setback, parliament rejected the brexit deal, jeremy corbyn called a vote of no-confidence in may's government. the pound shakes it off. steadfast on the shutdown, the white house threatening to feed oh spending bills as the government shutdown extends to a 25th today. more watching gotten expensive. netflix raising the price of its most popular subscription plan in the u.s. giving investors reason to cheer. let's get more on the brexit vote. what a day. many people calling it a catastrophic result for the u.k. government as they lose by a margin of some 230 votes. however, we want to g

romaine bostick is stepping in for would you miss coming up next. from new york, this is bloomberg. ♪ live from bloomberg in new york, i'm caroline hyde. >> i'm romaine bostick. >> i'm joe weisenthal. is, what'd you miss. the partial shutdown is set to --e a just hit a record mix level. g.m. forecasting -- confidence in cannabis. tilray vows not to sell any stock. >> time now for instant replays. the biggest voices weighing in on whether we can measure the effect of the shutdown on the economy and markets. >> we need a couple more weeks for that to happen. impact is too small to tell. right now, we think it is ok but it is very political and depend on what happens next. >> where it should matter is on treasuries. it's not just about this shutdown but all of the political risk that the u.s. is facing. >> there has been so much going on elsewhere. >> this shutdown is just one source of worry in a 2019 that is full of concern like u.s. inflection and chinese manufacturing and also brexit and the china trade talks. our guest joins us now. thank you for

romaine bostick will be stepping in for me.his is bloomberg. ♪ is bloomberg. ♪ caroline: live from bloomberg's world headquarters in new york, i am caroline hyde. joe: i'm joe weisenthal, romaine bostick is off today. caroline: we were higher across the board for the stock market today. up more than three percentage points on every major index. 4% on the nasdaq. joe: the question is "what'd you miss?" caroline: it pays to listen to the markets. -- theowell says market fed will stay sensitive to market sentiment. president trump considers declaring a national emergency to make congress build a wall on the u.s.-mexico border. u.s. delegations travel to beijing next week, the first face-to-face negotiation since trump and xi met in argentina. fed -- the fedn chair drum powell. he spoke on a panel among previous chairs, doubling down on his prepared ness. >> if we came to the view that the balance sheet normalization or any other aspect of normalization was a problem, we wouldn't hesitate to make a change. joe: for more, let's welc

we are joined by gina martin bostick. romaine

romaine bostick and gina martin adams joining me later. you can browse the features, powell'sout -- more on pledge for patients. patience. this is bloomberg. ♪ >> this is "bloomberg daybreak." inbevser brewer ab considering an ipo of its asian operations, looking for ways to unlock value after a string of acquisitions left billions of that -- left it with billions of debt. deutsche bank at the forefront when wall street began losing jobs to cheaper cities around the u.s. now, the german lender is taking some of those jobs out of the country, off shoring 50 accounting positions from jacksonville to mumbai. this is part of a larger shift that will see jobs move to india this year. -- average percentage increases will be in the single digits. accounts for more than a third of jp morgan's revenue. powell preaches patience. >> we have the ability to be patient and watch patiently and carefully as we see the economy evolve. we can be patient and flexible and wait to see what evolves. it gives us the opportunity to be patient and watch and see wh

. >> i am romaine bostick. >> i am joe weisenthal. >> we have talks beginning between china and the u.s> the question is what did you miss? >> president she is helping to start u.s. and china negotiations on the right foot. the secondll make it know in dollar deal of the. taking matters into their own are banningbrokers together to form a new u.s. stock exchange. meanwhile, the u.s. and china are kicking up another round of trade talks. by top chinesed officials. >> they've given each other 90 days. we should use that time. these agreements are never done early on. they are always done on the last light of those negotiations. that a positive signal there are ongoing negotiations. >> i think he would like to deliver a win. for theobably possible chinese to offer enough for him to declare a win. we will probably see some ups and downs between now and the end of the 90 days. >> this is a very short deadline. we can't be optimistic about a whole lot. ultimately there is a lot of the table. that is pushing the two leaders and their teams to find a way forward. >> we are not seeing a collapsi

romaine bostick will be stepping ison looking at a market taking a turmoil turn. this is bloomberg. ♪ this is bloomberg. ♪ caroline: live from bloomberg's world headquarters in new york, i'm caroline hyde. here is how the u.s. stock market closed, up today. a three-day winning streak for the s&p 500. joe: the question is "what'd you miss?" the world bank maintaining its forecast of economic growth in the u.s., but cutting its outlook for the rest of the world. invoke a trump could national emergency to get funding for a border wall. could this resolve the shutdown or antagonize democrats further? tech troubles claiming another victim. we are getting more investment ly --softbank been originalk originally planned. let's talk world growth. world bank keeping its u.s. growth forecast at 2.5%, but cutting it for the rest of the world. big warning signs from europe today. the economic confidence just a 12 months in december. let's welcome our economic editor from "bloomberg --inessweek." ets "bloomberg businessweek." >> germany is where we might be having a recession.

romaine bostick is stepping in for "what'd you miss?" we will be talking to elizabeth warren, and presidential hopeful and her prescription for income inequality. this is bloomberg. ♪ this is bloomberg. ♪ caroline: we are live from bloomberg world headquarters in new york. i'm caroline hyde. so many earnings to begetting you through. let's look at the after-hours movements. facebook soaring up a percentage points. wallue and profit beating street estimates coming in at $16.9 billion. microsoft, lackluster. down 2%. this is the most valuable the s&pout there on 500. they meet in terms of their revenue, $32.5 billion. maybe the market wanted more second-quarter earnings per share. of thethe x -- shy expectations. i'll come up 2.5%. up 2.5%.mm slightly shy of estimates. it's as though it is a really factor we got concerns of intel, nvidia, earnings per share, $1.20. tesla off by 2.5%. plenty of numbers coming. overall, they are cutting to resist -- to reduce cost of the 400 million annually. let's return to facebook, the biggest mover after

we are joined by romaine bostick -- this really explosive indictment of huawei, 13 different counts. china was pretty emphatic right urge theng we strongly u.s. to stop unfairly targeting huawei and other chinese enterprises. the chinese are not too pleased. can we separate this from the trade negotiations that will take place tomorrow with robert lighthizer in washington? peggy: i don't think we can. investors are looking for some type of positive news this week that could potentially stabilize or increase a truce around additional tariffs. this case shows the overhang of tensions between the u.s. and china will be protracted. david: it goes to the heart of the most difficult issue, this alleged theft of intellectual property, the national security issue. we are insisting they have to fix that. remaine: they are denying that -- romaine: they are denying that. huawei's answer was these were remote actors, not coming from the top of the company. this seems to suggest this is more systemic. alix: this is a new york court. it has nothing to do with the federal government. it does raise

alix: we have romaine bostick speaking again.ot the direct so far but he is worried that the government shutdown impact on the data. -- you will start seeing the impact of it continues to run. there you go. it is not going to make any material difference. two more days every title longest shutdown. that is when paychecks are due. david: it could push that growth or effect gdp growth this year if this keeps going much longer. he ties it back directly to the shutdown. we will have more on the federal reserve later today in an exclusive interview with eric rosengren that will be live at 1:30 p.m. eastern time. martin sorrow he came something of an advertising legend by building wpp into a global advertising company. he is coming back at the business for a different direction. las vegas and the consumer electronics show is where he joins us now with the executive chairman of s4 capital. >> i have been to ces a four. -- before. it has certainly changed all those years. ,000 people around our industry. david: also you have changed in y