shery ahn, bloomberg, tokyo. >> joining us for bar is derek whole penny.erek, great to have you here as ever. let's talk about greece. i want to talk about japan. as we come into this election, it is not clear what the risk is. what is the risk? >> the key risk for monday morning is the ruling coalition does worse than expected. that would certainly dent confidence in abenomics. even the risk of that seems very low. are evenopinion polls close to being accurate, they probably will lose some seats. suggestinging is something in the region of 300. that gives them control of the committees and they can move forward quite strongly with the impetus in terms of structural reform. >> when i look at the movement of the yen, more of a global story than anything, heading for the best week of gains this year. the market reaction to these elections, you expect it to be a muted? >> i do. of october,rst dollar-yen is up 6% on monday. that is incredible after the boj easing in 2013. 11.8%. in the aftermath of that rally, we had a 10% correction. the full boj move was rev

here to help me out, claudia tenney and sheri jacovski. sheri? >> it's an election year.already had equal payout since 1963. it's against the law to discriminate against women. >> they make it sound like republicans are not for paying equal. >> it is the law, and the president can set a good example. we know the obama white house does not pay women the same as men. but look, i'm not going to say that it doesn't happen. i think women do hit a glass ceiling and then they go out and smart businesses. and guess what? women-owned businesses create jobs in this country more than all the fortune 500 companies combined. when you start making it hard for these women to have jobs, you're going to have a problem. >> that transcends the whole gender thing. you're a small business owner. it's about just providing opportunity that would benefit men and women. >> we don't need government getting in the way of women creating jobs. i'm the co-owner of a small business in its 68th year, and all we need is government to come in and regulate us even more, especially coming from new york. >>

. >> far from a babysitter, sheri's job is just to get jenna from point a to point b.is case from school to her office while her dad is traveling abroad. >> my only other alternative would be to hire a short-term nanny and that was not going to be an affordable option. >> her mom did research and found an app called shuddle spelled with two ds. >> we are a transportation service specifically for busy families. >> based out of san francisco, it just expanded to marin and san jose and covers most of the bay area. rides are made by appointment and parents get the driver's picture and profile ahead of time. >> when they see me standing out beside my school they are happy to see me and know who i am. . >> through the holidays, they are charging a flat fee of ten bucks a ride, and after that they say it will be more like a taxi fair. it's more than a standard lift or uber mind. you are paying for added peace of mind. >> we will look at the full criminal history of a driver before they are allowed to drive for us. >> and all of the drivers are women. sheri told us she had to

shery, thank you so much, shery ahn. >> let's take a look at what is on our minds this morning. betty, you kick things off. >> ok, we were speaking about housing earlier. case-shiller will be coming out at 9:00 a.m. so i thought i would focus on the housing market. housing has not been a beacon of growth here in the economy in the last several months. in the last month as you remember we had home sales down a surprising 6.1% new home sales off 1.6%, we are about to get the s&p case schiller numbers. remember that back in september these are numbers from several months back, in september, the growth rate for the top 20 metropolitan areas was just up by four point &, the first time below 5% since 2012. it has got people wondering maybe in 2015 housing will be the odd man out in terms of recovery. >> are we just looking at a wave that is going to go back up, or habits as far as housing goes has it changed permanent the? that is what i would like to talk to robert shiller about. >> millenials who are renting versus buying. you hear quite a bit about that. >> if there is a problem. i

>> satisfied with the response, kyle launches "exhibit b-5" online. >> hey, sheri here. >> to add tohe mystery, he releases it under a fake youtube account name, claudiamckinney. >> so, we invented a person, claudia mckinney, and her story was that her dad used to be a judge and that she was taking court evidence and putting it up on youtube. >> but "exhibit b-5" doesn't catch on right away. >> how's that? >> no, you look like al qaeda. >> to help it gain momentum, kyle reaches out to his friend, rainn wilson, star of the show "the office." >> i e-mailed him, would you mind tweeting about this. and he was like, yeah, man, and he put it up and it really took off thanks to that. so, really, we owe the success of "exhibit b-5" to dwight on "the office." >> within a year, the video scores more than 6 million hits. >> i had no idea that it would get the response that it did. like, whoa. >> comments pour in from viewers debating its validity. >> people arguing about, it's real because of this. no, it's fake because of these, you know, top ten things. and that's really been the phenomenon t

far from a babysitter, sheri's job is just to get jenna from point a to point b. school to her office while her dad is traveling abroad. >> my only other alternative would be to hire a short term nanny and that was not going to be an affordable option. >> her mom did research and found an app called shuddle spelled with two ds. >> we are are specifically for families. >> it just expanded to marin and san jose and covers most of the bay area. rides are made by appointment and parents get the driver's picture and profile ahead of time. >> when they see me standing outbeside my school they are happy to see me and know who i am. >> they charge a flat fee of 10 bucks a ride and after that it's similar to a taxi fair. it's more than a standard lift or uber mind. you are paying for added peace of mind. >> we will look at the full criminal history of a driver before they are allowed to drive for us. >> and all the drivers ever women. sheri told us she had to go through two interviews, one on the phone and another in person. >> they asked me a lot of questions with childre

. >> far from a babysitter, sheri's job is just to get jenna from point a to point b.ase from school to her office while her dad is traveling abroad. >> my only other alternative would be to hire a short term nanny and that was not going to be an affordable option. >> her mom did research and found an app called shuddle spelled with two ds. >> we are a transportation service specifically for busy families. >> because out of san francisco, it just expanded to marin and san jose and covers most of the bay area. rides are made by appointment and parents get the driver's picture and profile ahead of time. >> when they see me standing out beside my school they are happy to see me and know who i am. >> through the holidays, they are charging a flat fee of ten bucks a ride, and after that they say it will be more like a taxi fair. it's more than a standard lift or uber mind. you are paying for added peace of mind. >> we will look at the full criminal history of a driver before they are allowed to drive for us. >> and all the drivers ever -- are women. sheri told us she had to

they're actually different between murray's and sdrshts and what we do to solve them we've accepted a sheri committee made up of local businesses and some of them are shown i worked closely with the office of economic workforce development tiffany garcia who is in our audience today and also spur who is here today and some of the businesses that are placing an actual rule in the recommendations so this is a slide showing some of the businesses we've worked and spoken with and the idea yirnd beyond the geography businesses and how they can create the economy to scale when they're located near each other with common interests this slide shows a general dime of the overall suppliers to consumers that is nor the middleman the manufacturers and industry people some of the things you're familiar with i think the one that spanks to me is the employment and the diversity especially the fact that a lot of those businesses hire workers that don't have access to higher education and those jobs provide a significant career lard and the wages are generally competitive to that level of education i can ta

they're actually different between murray's and sdrshts and what we do to solve them we've accepted a sheri committee made up of local businesses and some of them are shown i worked closely with the office of economic workforce development tiffany garcia who is in our audience today and also spur who is here today and some of the businesses that are placing an actual rule in the recommendations so this is a slide showing some of the businesses we've worked and spoken with and the idea yirnd beyond the geography businesses and how they can create the economy to scale when they're located near each other with common interests this slide

sheri coming back to brava, here you have this establish, amazing writer who has won a clue -- slew of awards. now she gets to director and work. even though she is this amazing, established writer, the truth is, she is being nurtured as a director and is being given some space to direct. >> the play is described as ceremony and -- where ceremony and theater me. in the indigenous tradition, when you turn 52, it is like the completion of an important era. the importance of the ceremony is to say, you are 52. whenever you have been caring for the first 52 years, it is time to let it go. really, here, they have given me carte blanche to do this. i think it is nice for me, in the sense of coming back 25 years later and seeing personally my own evolution as an artist and thinker. the whole effort to put the chicano or indigenous woman's experience on center stage is, in itself, for euro-american theaters, a radical position. because of the state of theater, it is a hard roll to hold up in institution. it is a hard road. i am looking at where we are 25 years later in the bay area, looking at

. >> reporter: the ventura county sheri sheriff's department doesn't believe any damage was done to thenteriors of homes but a lot of yards were damaged by the mud, making it impossible to walk through. they say they'll be keeping a close eye on the weather for 12 to 24 hours. >>> another woman alleges sexual misconduct by bill cosby. this time the alleged victim claims she was 15 when cosby molested her in 1974. judith huth is suing cosby for sexual battery. the suit was filed yesterday in california. huth said cosby molested her in a bedroom at the playboy mansion. so far no comment from cosby or his attorney. >>> and president obama has reportedly chosen ashton carter to be the next secretary of defense. carter is a long-time pentagon official. he served as deputy defense secretary and as a pentagon sec knollgy and weapons-buying chief. carter would replace chuck hagel if he is approved by the senate. an official announcement is expected later this week after carter is fully vetted. >>> and the national transportation safety board is investigating the deadly collision between two sch

sheri told us she had to go through two interviews. >> they asked questions in regards to children.elt about certain issues >> better than riding a school bus. >> this is no substitute for mom and dad. >> ty pretend they know me and they're nice. >> facebook is getting rsonal. making a shift to apear more welcoming. users are now called people. the company is working on software distinguishing between drunk and sober pictures. it would ask are you sure you want your boss and mother to see thisefore you post an unflatering picture. so they decide. >> i say that to spencer all the time. aryou sure you want your boss to see this? >> not sure but here goes. >> yes. >> much of the bay area is dry we still have pockets of dry area. and to hayward pushing towards san leandro. everyocation is well above normal level o rainfall. more snow is needed to bring locations up to several average. accu-weather forecast shows more wet weather. >> thankyou, spencer. >> we're lking ahead to the niners game. yes. >> because he's a sports guy. >> there are other reasons. >> yes. ten point under dogs. nin

sheri told us she had to go through two interviews. >> they asked questions in regards to children.elt about certain issues >> better than riding a school bus. >> this is no substitute for mom and dad. >> they pretend they know me and they're nice. >> facebook is getting personal. making a shift to appear more welcoming. users are now called people. the company is working on software distinguishing between drunk and sober pictures. it would ask are you sure you want your boss and mother to see this before you post an unflatering picture. so they decide. >> i say that to spencer all the time. are you sure you want your boss to see this? >> not sure but here goes. >> yes. >> much of the bay area is dry. we still have pockets of dry area. and to san leandro. every location is well above normal level of rainfall. more snow is needed to bring locations up to several accu-weather forecast shows more wet weather. >> thank you, spencer. >> we're looking ahead to the niners game. yes. >> because he's a sports guy. >> there are other reasons. >> yes. ten point under dogs. niners are in danger

let's take you to hong kong and shery ahn.ith the dow jones' record finish. >> confidence in the u.s. economy sent stocks higher as the gdp grew at the fastest pace in more than a decade. adding 64 points to set a new record while the s&p 500 rose to 2082, also reaching an all-time high. both of them rising for five days. some of that positive mood is spilling over to asia today with most markets gaining here. the regional index heading for its fourth advance in five days. pi in south -- kos korea was at its highest level in four weeks despite data showing consumer confidence fell to a four-month low. enclosed up .4%. australian shares also edging higher in a shortened christmas eve session after slipping in early trading. up.asx 200 and did chinese stocks are giving up some gains. the shanghai composite extending yesterday's losses, falling 2%. overboughtas been for the entire month. it is a reason that investors are booking some gains now. japan is coming back from a holiday. playing a bit of catch up. the yen is still break

shery ahn is in tokyo for us. this is a question people are scratching their heads over.t is because abe framed this election as a bid to seek a new mandate for his policies, but now that he gained almost the same number of seats as before the election, some people are saying, this election was a waste of time and money. abe is under more pressure to deliver this time around. lawmakers will be meeting here at the dyad on december 24 for a special session where abe is expected to be reelected as prime minister, but polls are now showing that people are ande disillusioned with abe abenomics, and prime minister abe knows about these challenges. take a listen. abenomics is still only halfway through. compared to the dark and stagnant era a few years back, i think i have shown that we can change things. however, i have knowledge that there are many who don't feel those changes yet. i think the election result was the voice of the people saying, it is our mission to deliver such change, and we feel we can do that. abe now saying that his top priority is the economy, but he also

he has pled not guilty>>> the maryland sheri you how they're drugs off the streets. they confiscated heroin, cocaine and cash at a drug bust. the sheriff will tell us how much they have taken off the streets. >> one of the oldest law enforcement agencies in the nation will make history. the first african-american to serve in that position will be sworn in. barry defeated rex coffey and did not face an opponent in november. he will take charge of a department of 600 deputies and civilian employees. >>> former virginia gove mcdonnell and his wife maureen will not get a new trial had in the commonwealth. the couple's request for a new trial was denied. the judge did, however, throw out one of the corruption convictions against maureen. prosecutors say the mcdonnells supple lment maker in exchange for thousands of dollars in gifts. they were convicted in september and will be sentenced next month. a new ethics panel which yesterday recommended a $250 cap on gifts given to virginia lawmakers. waivers for things like trips could be approved in certain circumstance. they wa

. >> reporter: don and sheri adopted him.as first fostered by terra anderson who said she tried whenever she looked at his photo. >> okay, i'll do it. i'll take care of him. >> reporter: terra not only took care of him, she helped design his new legs at the company where she work, 3d systems. the beauty of 3-d is that they can change the design and easily printout a new leg. derby has had four versions ranging from a peg leg that didn't work to his current wheel and spokes. >> they're just velcroed. and we have little cushions in here. >> reporter: derby took to this edition right off the bat. >> when i saw him sprinting, i couldn't believe it. >> reporter: now we've seen a tortoise with a wheel and a pig with a two-wheeled cart. and even an elephant fitted with a giant prosthesis. but derby is easily redesigned 3-d legs can grow with him. they're being gradually elevated. it only takes a minute to put them on. >> good, boy. >> reporter: his elbows are tender. >> well, at first he really does not want you to put them on here.

shery ahn is joining us with the latest. >> there are more than 100 listings here in hong kong but there is only one long -- only one non-chinese company. that is the worst annual tally in five years. the value of foreign ipos has fallen every year since 2011. about 1/5 in hong kong, not anymore. this is a huge blow to hong kong, which has tried to rival new york and london as a global financial center. >> they lost alibaba as well. >> that is one of the example. they were a $25 billion ipo and they went to new york. is sayinging director that hong kong has lost momentum, and if hong kong has lost their competitive edge, they won't even be able to rely on the china market, as they have other choices. >> they do have other choices. they have in making those other choices. what has been leading to companies going elsewhere? >> hong kong was seen as a gateway to extension. you lived here, you expand to asia. but lower valuations, first of all, complying with lower chinese growth, that has led to companies choosing elsewhere. hong kong stocks have lacked behind other market. look at it compa

here shery ahn. >> we are seeing a sea of green here in asia. the market shaping up like this.seen the index go up more than 800 points last week. gaining theprices most in two years. energy shares leading the gains. south korea saying they will expect about 3.8% next year. shanghai is also up. president was in andu over the weekend, casino operators were expecting some encouraging words but they didn't get it. what cap casino stocks are performing. galaxy is down 1%. we have seen casino stocks been hit by that anticorruption drive with the chinese government, scaring away high rollers. at this, which has started trading, resumed trading after its cochairman was convicted in a corruption file. they have nott been hit -- it is staying in positive territory. his younger brother was cleared of all charges. haitong is an fundraising mode, expected to sell shares. back to you. let's have a look at those securities -- on the way up. shares are down. 1%, up 1860 last week. -- 18.60 last week. we are looking at $3.9 billion. this is over to buddha is -- two days. 1.9 billion shares loo