sam zell still with us. click on our charts and graphics and go to tv on our terminal. this is bloomberg. ♪ jonathan: yields are unchanged, crude is still trading near a two-year high and that kind of situation, stable treasury not strong through 2017. still with us around the table is sam zell. let's talk about a meeting you had with the leader of argentina. sam: we have been on the cusp of making new investments in argentina. before and hehere has got a real terrific orientation. it starts in real estate. real estate opportunities are interesting and they have made modifications and laws that made it better. we think there will be a lot of demand in argentina over the next few years. the answer is look at the history. 1920, fifth largest and most successful country in the world. how do you go from that to argentina today? it is called last -- lack of discipline. society has been trained not to follow the rules. and hopefully represents a shift in that direction, hopefully a permanent shift. collect so

we're seeing it in the oil markets but other foreign investors are eyeing the change with optimism sam zell the chairman of equity group investments a real estate firm says he is more likely to pour money into new projects there he said of the arrest that they were long overdue for a country resistant to modernization and plagued by graft i want to bring in jerrold selenski founder of the trends research institute to dig deeper on what we're seeing coming out of saudi arabia let's start with your political take on this purge those are a stablish ments and status quo pillars of the country on top of that we know the saudi military intercepted a ballistic missile near riyadh fired by who fighters in yemen the crown prince calls it an act of aggression by iran and then you've got that questionable helicopter crashed killing one prince and three government officials what's your reaction to all of this breaking out in just the last few days. well you know tracking trends does it on the standing of where we are how we got here and where we're going and how we got here you could see this coming fo

there are many different moving parts to this that will make it hard not only for sam zell, but for agure out how they come out of this. sam: in a line of cases, people will restructure the way they do transactions as they always have since the beginning of time, to accommodate whatever the government doesn't taxes. >> tha-- does on taxes. joe: coming up, what you need to know for tomorrow's trading day. this is bloomberg. ♪ >> "what'd you miss?" u.s. stocks basically finished little changed for all intents and purposes, so it all goes back to earnings. snap declining in after-hours trading. joe: one of the big losers today perhaps on the combination of tax reform stuff. >> do not miss this. president trump to beijing, where he will meet with president shootinping. it'll be interesting to see if they discuss north korea and what kind of pressure the president tries to bring. joe: i will be looking for earnings out tomorrow for 20th century fox and square, the payment company. they report their earnings after the bell. >> we will be covering that for you here on "what'd you miss?" bloo

sam: people will restructure the way they do transactions, as they always have, to a comment whatever the government does. -- to accommodate whatever the government does. zell was sam "bloomberg daybreak" earlier. shery: don't forget the new show .bloomberg etfiq," ♪ who knew that phones would start doing everything? entertaining us, getting us back on track, and finding us dates. phones really have changed. so why hasn't the way we pay for them? introducing xfinity mobile. you only pay for data and can easily switch between pay per gig and unlimited. no one else lets you do that. see how much you can save. choose by the gig or unlimited. xfinity mobile. a new kind of network designed to save you money. call, visit or go to xfinitymobile.com. shery: very dark picture on capitol hill. not much sun in there. it's a lot of fog. shery: just like the political climate. this is bloomberg markets: balance of power. i'm shery ahn. david: i'm david westin in for david gura. election day for two states could test the political influence of president trump. in virginia polls show democratic lieutenant governor ralph northam with a slight edge over republican ed gilles

sam starting designing new meals like this chicken name of rice and herrera pun zell photos.made her a social media sensation. her biggest fan still her little girl. >> she makes all kinds of these reactions that is so priceless. it gives me another boost of never to continue. >> reporter: kim's food isn't always homemade. sometimes it's takeout. she's teaching parents to re-create their work. hoping they try something new. chris martinez, cbs news, anaheim, california. >> i'd eat it. >>> coming up on "cbs this morning," former n comesen. i'm anne-marie green. this is the "cbs morning news." which means we use less. three generations of clothes cleaned in one wash. those are moms. anybody seen my pants? nothing cleans better. put those on dad! it's got to be tide. is time you make for yourself. aveeno® daily moisturizing lotion with active naturals® oat. locks in moisture to improve skin wellness in just one day. aveeno® naturally beautiful results® there'that only uses 100% american oranges.and simply orange and tropicana ship in juice from overseas. only florida's natural g

sam is in the house. mr. zell on the spirit of real estate in america. stay with us. this a phone? or a little internet machine? it makes you wonder: shouldn't we get our phones and internet from the same company? that's why xfinity mobile comes with your internet. you get up to 5 lines of talk and text at no extra cost. so all you pay for is data. see how much you can save. choose by the gig or unlimited. xfinity mobile. a new kind of network designed to save you money. call, visit, or go to xfinitymobile.com. tom: good morning everyone. francine lacqua in london. i'm tom keene in new york. we have shown this many times. the exuberance of the market. it is maybe less exuberant see than you think. all you need to know terry simpson is the idea of the blowout in 2001 and the 37,000.nt is down near 2000 and couldn't. >> we still can push higher. markets are trying to trade on fundamentals. a lot of that tax reform is probably not priced into the markets. that could be nice for investors. tom: almost up-to-date with blackrock. down the income statement or better revenue