i'm tom keene.rendanrlet fu, fit -- brendan greeley has returned from a sabbatical. >> oil prices keep falling. west texas intermediate dropped below $65 a battle for the first time in almost 5.5 years. oil jobs 18% in november. there is speculation prices will decline even more. the oil minister says there is no guarantee u.s. shale oil producers will produce their output. an announcement at glaxosmithkline about their workforce restructuring could come as early as this week. that is according to people familiar with the company plan. their operations have been struggling recently with poor sales in respiratory medicine. sony pictures wants to know how several of its films that have not been released ended up on piracy websites. "the financial times" reports that the studio is asking the fbi to investigate. several titles have appeared online. the on the unauthorized releases -- authorities are trying to determine if the two are linked. "christmassaid, day." does anybody do that anymore? >> people

fax tom keene -- >> tom keene an ardent royal watcher. >> then it up going with their second choice, > a people stay there. >> i feel so naÏve. i had no idea of the carlyle existed until tom started talking about it every day. >> there are different carlyles. the bar is for casual, wonderful jazz. >> carlisle of the heart all stays here. >> let's get a data check. everything stabilizing even with the carnage that we see in the oil business. it is always the same. stocks and commodities and currencies do what they do, but the immovable force is the bond market. overnight, china blinks. they clean up their troubled recall market. oil cannot find a bit, we had to parachute somebody in who understands this. the chairman and chief executive officer out of manchester in england, what do you make of an oil collapse? how do you correlate that over to the equity markets? >> that is a good question. whether oil will stay local or spread out. whether or not this big decline in oil provokes credit problems in the high energy or the emerging market. >> you see that with high-yield debt in america.

i'm tom keene.next hour, mary childs on the final days of bill gross with pimco. now our single best chart with scarlet fu. >> our single best chart shows digital mediat has had on traditional media. these magazines have lost more /5 of their copy sales since 2008. by 2013 the declines have moderated to a 2% rate, smaller than the 10% drop. >> should we do a magazine test? there it is. don't do that anymore. >> they are becoming lighter and lighter because there are fewer advertisers. -- fallingertising advertising leads to fewer pages. >> there are so many different pain points for magazines. in 2008, add points disappeared. that is not a metaphor. they just did not exist. >> brendan greeley with his wonderful work at "bloomberg businessweek." with us as well, we talked to "monocle." andrew tuck, it is not like the ," butber issue of "vogue it is like the may issue of "folk." -- of "vogue." why do they advertise with you? they going to people's offices and they say you are a " reader. they like the

shocking isnd more hearing tom keene's hs not praline latte. -- is hearing tom keene say chestnut pralinet's part of the problem you have complicated orders which names that are difficult to remember with people ordering more food given that starbucks has expanded its menu. >> starbucks is hoping to simplified the process by introducing the feature on this app. it is an existing app and a lot of the loyalty members use it there. 60% of all transactions already occur through the mobile app. people pay with it so now we open your app tomorrow you will have a new menu function. that will flip to the order function as the new functionality is rolled out. you can do all of that customization right on the app, you can choose all those different things. and that footage you showing us where you pick it up so the label is printed out when you make your order and as you look at the app it tells you how long it will take them and you can view different stores around the area, if one has shorter or longer wait times you can choose that one. >> when you show up at the hockey rink at 6:00 in the morni

"bloomberg surveillance," i'm tom keene.eslie picker in for scarlet fu, and been dran greeley goes into the lab. >> amazon prime now offers a christmas holy grail, leave your shopping until the thth, but still order online, have it arrive in an hour. we are excited. we are suspicious. julie hyman joins us. you are our senior delivery correspondent, julie? >> yes. >> are we going to order something? >> that's the special title just for today. there are a couple of caveats, it's only available in a handful of zip codes in new york city, in manhattan. luckily we are in one of those zip codes. also, you have to be an amazon prime sb scriber already. you have to be the $99 a year subscriber and put the app on your phone or another device. you can't do it over your laptop. now, without further ado, i'm actually going to order something. i thought i would do some last-minute shopping for you three. am -- i have already placed items in my cart, only mr. keene still needs some shopping. this is the home page. it says hello, julie. an

tom keene is off. ews, vladimir putin is trying to reassure the russian people about the economic crisis. conference,l press the russian president predicted the situation will last at most two years. he said russia should not waste currency reserves to prop up the ruble. putin blamed outside factors for the economic slump. >> this situation has been provoked by external factors. we believe that a lot has not been done by us of which we planned in diversifying our economy. >> putin says sanctions are responsible for 30% of the crisis. u.s. businesses looking south to cuba. president obama's decision to normalize relations opens the door to limited trade. u.s. companies will be allowed to export telecoms equipment, agricultural products, and materials for small businesses. the president spoke with abc news. andf you are a cuban exile you saw your family driven from a country you love, you are going to feel strongly and emotionally. there are friends of mine who feel that way. , we wante said to them to s

you are getting the full tom keene treatment this morning. question number one is why is everyone as so stupid. question number two is what are you wearing. >> save me. >> the shipping debacle through everyone for a loop. particularly ups, fedex, and amazon. there is an idea that everybody is pushing off the pressures of gifts until the last minute. >> people have been shopping online pretty consistently. it is not just cyber monday or bow tie tuesday. >> small business saturday. >> people have been doing that. it has become every day. cyber week, cyber every day. the other thing is, it was as much the retailers who are pushing we will get it to you in two days. the distribution companies were not part of that. now they have said we are not going to get messed up anymore. >> they put their foot down and said do not push that idea. >> one takeaway was the 25% discounting has become 40% discounting. where does that end? was looking in one of our department stores the other day. this was the week before thanksgiving. i saw something 50% off. the

i'm tom keene. brendan greeley and scarlet fu. she's here. she nowled not be here. >> trouper. >> we'll see how long that lasts. >> there's extra honey on the desk. >> you sound like me. >> i do sound like you. >> terrible. >> global stocks resume. asian stocks closed higher. here in the u.s., the s&p 500 headed for its best week in two months the index is coming off its two-day rally in two months. futures did pair their gains but still indicate that stocks will open higher. oil prices rebounding from the lowest close levels from more than five and a half years. west texas trading under $55 a barrel. crude is up as well. saudi arabia's oil minister said it would be impossible for opec to curve. >> an olive branch. he is floating the idea of scaling back sanctions on ukraine. the consider that it's gesture that russia is making that what we are waiting for. there is no reason to enact any new sanctions. they will allow us to start deescalating the situation. >> but british prime minister david camer

america's most fabulous aristocrat has to be tom keene? did tom keene write this?dea he was such a royal watcher. you never know what he will be obsessed with and this i could not predict. he hangs out at the carlyle and you know he will hang out there tonight to see if he can catch a glimpse. >> adam do you wait desperately to catch a glimpse of them? >> i have other things just ahead of it on the agenda. as we get to the year and how much more money can investors make on u.s. stocks? >> i think the market continues to have an upward trajectory but i think what you have to focus on isn't is the economy ok or improving -- you have to focus on what can introduce volatility into the u.s.. growth --ng 7% eps how much revenue? >> small margin expansion on top of that and i get pushback on the margin call but i think it is a pretty good backtrack for equities. >> think you so much. surveillance." continues on radio and "in the loop" with betty liu is up next. a close look at oil prices. ♪ >> good morning. it is monday, december 8. we are alive from bloomberg headquarter

i'm tom keene and scarlet fu is off buying books.sterns is here and brendan greeley as well. top headlines. then hong kong pro-democracy protests appeared to be over, authorities have dismantled the last of the protest sites. more than 10 holdouts refused to leave were taken away by police. demonstrations blocked the roads for more than 11 weeks and a number of airline seats on offer in countries hit by ebola are plummeting. oag says liberia, sierra leone and guinea was he a total of 95,000 fewer available seats in january than one uric -- one year ago. preparing for the 2024 according tocs, italian prime minister. he tells the italian newspaper, our problems should not stop us and dreaming. last year rome pulled its bid for the 2020 bid and then the permits are said it would be a drain on public resources and publicly i'm skeptical whether hosting the olympics in the coliseum is the right move to get it out of its budget woes. a billashington we have -- a palpable bill. bill mattingly is the white house correspondent -- this was a b

"surveillance" is coming up next with tom keene.row. ♪ bid.l goes in search of a markets signal a new and greater uncertainty. washington, they try to get to the holidays, a cia bombshell and a budget agreement. out in toober is many cities. good morning, this is "bloomberg surveillance." we are live from our world headquarters in new york. it is wednesday, december 10. i am tom keene with scarlet fu and brendan greeley. let's get to our top headlines. >> overnight, in announcement that commerce has reached a deal for u.s. spending bill that would avert a government shutdown. but there is something for everyone to dislike in this bill. conservatives are unhappy because the bill failed to challenge president obama's immigration policies. some democrats displease because the bill rolls back rules affecting banks and clean water. leaders in both the house and senate support the measure and the house is expected to vote on it tomorrow. chineseal of fortune in stocks a day after a route and chinese equity sparked a global selloff, reboun

i am tom keene. joining me, scarlet fu and brendan greeley.. >> we are singer global selloff today and it is being led by the biggest drop in chinese stock since 2000 nine. the index dropped more than 5% after the government tightened collateral rules for short-term loans. between of ember 21st and anderday, it had sort 21% had closed at its highest in 2.5 years. oil prices keep plunging. they have not been as low analyst 5.5 years. west texas intermediate rebounded slightly today.

i'm tom keene. joining me, scarlet fu and brendan greeley. here's scarlet fu. >> we head to washington. in washington today, the senate will begin debate on a $1.1 trillion spending bill. late yesterday, the house narrowly passed the plan despite opposition from emocrats and republicans alike. nancy pelosi spoke out against it. >> i'm enormously disappointed that the white house feels that the only way thebling get a bill is to go along with it, and that would be the only reason i think they would say they would sign such a bill that would weaken a critical component of financial system reform aimed at reducing taxpayer risk. >> the senate could pass a bill as soon as today. are we at bottom? not yet. oil closing below $60 a barrel for the first time since july 2009. this morning it dipped to $ 58.80 a barrel. there's speculation opec's biggest members will defend market share. west texas intermediate futures fell in new york. they have plunged 10% this week. oil headed for its 10th weekly drop sense october after opec decided against reducin

i am tom keene.endan greeley and leslie picker. >> it is called a rally for a reason. markets are surging higher with the s&p 500 closing less than one point under it all-time high monday. the ruble strengthens for the third day against the dollar as oil prices are going up. north korea has that internet again after being cut off for nearly 10 hours. the interesting comes just days after the u.s. accused north korea of a cyber attack against sony, and president obama promised a responsible set meanwhile, the united nations denounced the attack on sony as the security council heard it's -- held its first ever meeting on human rights. the greek prime minister failed his second attempt to get lawmakers to back his nominee for president. candidate was short of the required 200 votes. parliament will be dissolved prompting the calling of early elections. i say. they become the latest automaker to issue a nationwide recall because of airbags. the takata airbags. the decision affects 140 thousand bmw cars m

i'm tom keene. joining me, tom keene and brendan greeley. -- scarlet fu and friends in greeley. -- brendan greeley. russia across central bank bankssia's central increased its interest rates to 17%, gained, and also the game. of its gains.ll the yen keeps strengthening. the yield on the japanese five-year fell to a record low. the yield on the 10 year rose. oil sprintedof past another milestone today. west texas intermediate fell below $55 per barrel for the first time in five years. brent crude fell below $60. oil is now down 45% this year. it may fall further. opec should not be expected to cut output while other producers cut more. -- pump more. policymakers at the federal reserve a two-day meeting. the fed's open market committee is seeking a way out of the loosest monetary policy in a century. it is another commodity in challenge. how about orange juice? it is still the most popular fruit beverage in america. we just nondrinking at the way anita bryant told us to. tropicana has lost a third of

i am tom keene. $62 $.75.o be kind, -- $62.75. >> costco to investors, we beat earnings per share estimate and increased same-store sales 7% last quarter. then they had a great november. is that good enough for you? costco, it really has no amazing ethic inside the company where the price drops wholesale $.24, they drop the cost when four cents, not $.20. they're not focused on increasing margins. look at the prices, they break it down into unit price. it will say, $.12 per diaper or five cents per -- >> let's look. >> i'm not looking at diapers. don't break any news. >> let's compare the margins. costco is the white line at the bottom. it is not even in the same ballpark as anyone else. as crude of gas, drops, they're following it all the way down. we don't have any data on this, but we noticed they have lower prices at the pump, bringing people to costco. they stop and buy stuff. >> sort of amazon-like. giving away the income statement. >> it is not amazon-like, and they are turning a profit. >> they make mo

earlier today, bill gross spoke with tom keene. he offered advice to federal reserve vice chairman, stanley fischer. advice, ire to give ,ould say simply that the fed as the central banker of the worry basically has to about financial conditions not just in the united states but in the world, so that next week, in terms of the language and their stance going forward, they should be very cautious about any type of tightening indications. >> for more on the u.s. economy, let's bring in chief economist linzie p is a. welcome back to bottom line. >> thanks for having me. >> we talk about inflation pressures. in the u.s., they are still week -- weak. >> the fed obviously has a dual mandate to instill full employment and stable prices. the labor market is still sending a lot of mixed messages. now the fed has to contend with its other problem, sluggish inflation pressures. consumernd out that sentiment increased to 93.8, the highest level since january of 2007. is this all about falling gas prices and is the momentum sustainable? >> it i

i'm tom keene. joining me is scarlet fu and brendan greeley. news from the white house.e it official. he's nominating ashton carter to be the next secretary of defense. more on that from peter cook in a moment. congress is one step closer to a deal on a budget bill that would push off the fight on immigration until january. one of the keys is a symbolic protest president obama's order. spoke. boehner

in about 25 minutes it is "surveillance" with tom keene. >> mr.ill join us at 7:45 for an important announcement and then on to the draghi press conference, but in the backdrop, it is all about russia. ladimir putin with that battle against speculators on russia. we'll touch on that. peter henry will join us. dean of the new york university's school. he has some terrific respect on emerging markets including russia and we will speak with him about the rest and the protests overnight in new york city. as you mentioned, francine, it was quite something. i could see the helicopters outside my window. we'll touch on that with him. wren of k with scott wells fargo. wren is a strategist. bill nichols really involved in the intimacy of the trading in the market. looking forward to a spirited discussion. >> tune in, in 25 minutes from now, ks "surveillance" with tom keene. we saw vladimir putin give his state of the nation address. >> ryan chilcote joins us now. busy morning for mr. chilcote. >> shall we talk about the russian president first? >> first of

i am tom keene. joining me, scarlet fu and brendan greeley. safety regulators in the u.s. and japanese makers of airbags. takata is sticking to recalls only in states with high humidity, which has been blamed on the airbags' non-function. theirtors are considering next move. a congressional subcommittee will question a takata executive later this morning. another sign russia may be headed into recession. the service

in 25 minutes, "surveillance" with tom keene. ruble, russia, and the fed later on. >> the fed front and center. we look to moscow. the, fragility of the markets, particularly in oil. we bring you robert of pierpont amherst. bob on the ruble. really, the linkage of equities, bonds, currencies, and commodities. ian will join us from pantheon. sinche and ian to get you started. dean will join us from macro risk advisors about a historic volatility we saw yesterday. >> thank you so much, tom keene with "surveillance." >> one of our top stories, russia, the fed, greece. has its first round of voting later this evening to elect a new great president. let's take you live to athens. elliott gotkine is standing by. a tourist's take on this story. >> from an economic perspective, very much focused on what is going on in parliament because of how the political stability filters into the economic instabilities. in the past, one of the drivers of the greece's recovery has been tourism. i've got the president of the hellenic hotel federation.

in 25 minutes, it's "surveillance" with tom keene. he joins us from new york with a preview. looking at today? i know you have one of my favorite guests on. >> we'll talk to the professor, and we'll talk about the correlated and linked way that these markets are moving this morning. it's a little bit better than t's been the last three years. now the chief economist at citi group without question the research note debate of november, we will talk about gold, we will talk about gold as a bubble, but far more importantly, we'll talk to professor buiter about europe, america, and the linkage to oil in the ruble and in gold. we look at retail monday in america. there's black friday. thursday is thanksgiving. black friday is friday. and they had to make zpwup for monday. did you know it's signer and monday, and tomorrow is bo tie tuesday. it's a worldwide event. bow tie tuesday is tomorrow, and we'll work on that. the former force behind saks fifth avenue will join us, now with the national retail federation. we'll talk to him as well. a lot going on, but really, markets, front an

i'm tom keene and with me scarlet fu and brendan greeley.in the day, the russian currency strengthen commanding a 17 date route that shaved 20% off of its value. it has fallen back to about 66. the russian finance ministry began selling for and -- foreign-currency today in an attempt to shore up the ruble. , everything we have been talking about is on stabilization of the ruble. we see how it breaks away from the oil price movement. this point to certain calculations and market participants. click meanwhile, apple has had -- >> meanwhile hackable -- meanwhile, apple has had enough of the ruble swing. west texas intermediate is down as much as 2%, currently trading at just under $55 barrel. brent oil is selling for less than $60. >> it is executives versus of the board at american apparel. the struggling retailer that targets teenagers, the company board has fired the attorney due to misconduct. has than 30 executives -- fired dov charney due to misconduct. one than 30 executives disagree and say that is what makes this thing take. hackers ha

i'm tom keene. joining me, brendan greeley, and the minimally talented, spoiled brat, scarlet fu. she has our top headlines today. are you starting with angelina jolie? >> we will get that. >> take the high road. >> absolutely, because i a married, married, six kids. all right, in hong kong, a group of pro-democracy protesters is making their last stand right now. police removed the barricades and tents around government offices. they started taking away protesters who refused to leave as well. student leaders say they will remain until they are arrested. the protests began 11 weeks ago. hong kong's government has rejected the key demand that the city holds re-elections for its leader. once again, oil holding near a 5 1/2-year low. they're recovering today after yesterday's sliding. they're still trading for less than $62 a barrel. meantime, the drop in oil prices killing bonds. bonds issued by the state-run industry have now fallen to 55 cents on the dollar. the yield is up to almost 50%, brendan. >> in washington, the house is set to pass a spending bill today that would avert a

♪ >> bloomberg "surveillance," i am tom keene. jobs day.on's report average to 25,000 jobs each month so far. not bad and i'm sure janet yellen is transfixed by slack in the economy. alan is with us from morgan stanley and krueger from princeton. we love having you here on a job stay, what will you watch and look for it 8:30 this morning. >> it's not going to be surprising if we get another print above 200,000. as someone who has forecasted jobs for a long time, it is hard to remember back when we had such consistent monthly job growth. the consensus is sort of better than 200,000 around with the average has been said that will not be the big deal, the big deal is do we get the pickup and wage growth we have been hoping for. >> for faster krueger are we seeing wage growth in america? >> i think we are starting to see the very beginning signs. knows how much slack there is in the labor market but we know with each passing month we're getting closer and we do believe we are on the cusp. >> cusp, today's word. >> the word in her research is te

i'm tom keene. joining me, brendan greeley, and the minimally talented, spoiled brat, scarlet fu.dlines today. are you starting with angelina jolie? >> we will get that. >> take the high road. >> absolutely, because i a married, married, six kids. all right, in hong kong, a group of pro-democracy protesters is making their last stand right now. police removed the barricades and tents around government offices. they started taking away protesters who refused to leave as well. student leaders say they will remain until they are arrested. the protests began 11 weeks ago. hong kong's government has rejected the key demand

. >> i want to show you the chart tom keene got me. tom keene gets out of bed for an oil chart.erned this is going to translate into contagion in the large -- contagion in the broader market? >> it is all back to bed. >> you have to look at this as the dividing line of performance. for consumers this is not the largest part of your budget. it's not likely to be that sort of contagion. we could have sovereign defaults over this oil price drop. >> we are watching wrubel. -- it is not the ruvell anymore. ruble anymore. does annuity know how it is to nominated? the point is you are going to look for everything that is going to go wrong area it is a wider dispersion of those things. >> is it going to be a good offset of what the fed is likely to do. and gives janet yellen company more freedom to say we are going to raise interest rates. >> it is a question of the next stimulus. we go on our merry ray -- merry way. about that. central banks will view this as a stimulus for the american economy, even though many of the positives we see in energy anduction, investment, employment are no

i'm tom keene.ndan greeley. -- scarlet fu and friends in greeley. -- brendan greeley. russia across central bank bankssia's central increased its interest rates to 17%, gained, and also the game. -- then lost all o

this is bloomberg "surveillance," i'm tom keene. brendan greeley and leslie picker.n on a monday for scarlet fu. welcome to the show. >> to president is disappointed in how sony handle getting hacked. george clooney is disappointed in all of us. they did not lose consumer information, they lost their own . let's take a look at a research report from pivotal research group. pointing out how what happened to sony is likely to change what other corporations do. one, executives are going to discuss last of her e-mail. you will have to stay closer to the home office. their companies, a lot of things --k revealed about things deals they had with the new york times. discussions with partner companies are going to become less full of trust. it is going to be harder to offer unique terms to each customer. it is a difficult thing to offer a premium. the idea that we will use e-mail less. it is a game changer for everybody. >> i don't understand why we did not know this before. every time there is a hack it is reaffirmed you should not say things in e-mail. it is not just that

"surveillance" live from new york with tom keene.>> this is bloomberg "surveillance." >> markets stabilize. oil finds a bid. the u.s. prospers, japan struggles. what does the news mediocre been for asia? after cyber monday, bow tie tuesday. this is bloomberg "surveillance," live from new york. bow tie tuesday, december 2. i'm tom keene starting a new retail trend. scarlet fu thinks i am an idiot. brendan greeley. a lot of news. >> russia may be falling into its first recession since 2009. according to the economy minister, russia's gdp may fall by a full percentage point in 2015. feeling the impact of the 30% drop in oil prices. sanctions of really fighting ukraine have heartbeat economy. leading the ruble to weaken against the dollar. vladimir putin in turkey.

i'm tom keene. joining me, scarlet fu and brendan greeley.e head to washington. in washington today, the senate will begin debate on a $1.1 trillion spending bill. late yesterday, the house narrowly passed the plan despite opposition from emocrats and republicans alike. nancy pelosi spoke out against it. >> i'm enormously disappointed that the white house feels that the only way thebling get a bill is to go along with it, and thou

tom keene is off.in is trying to reassure the russian people about the economic crisis. conference,l press the russian president predicted the situation will last at most two years. he said russia should not waste currency reserves to prop up the ruble. putin blamed outside factors for the economic slump. >> this situation has been provoked by external factors. we believe that a lot has not been done by us of which we

sounds like tom keene -- i love that chart. lisa abramowicz covers the bond market for bloomberg. now for the latest in the sony saga. they are reversing the decision not to show the film "the interview" on christmas day and james franco expressed their joint on social media. "the people have spoken." "the people on the president have spoken." the director of north american research at bloomberg intelligence provides real-time research on companies and industries. it looks like the show will go on for sony as smaller movie chains are stepping up here. >> it looks like it. when this first broke it was such a unique situation that sony, much less anybody else come at any idea how to react. the initial reaction was just to pull back and they pulled back the film and just to see how the wind blew, what we have seen the last couple of days is a swing of the pendulum back towards releasing this film, most notably expressed by president obama. i think the pendulum has swung, public sentiment has swung, this film needs to be shown. sony as we speak is looking for ways to distribute this f

importantly,e most though tom keene may disagree and interject that the ruble is important -- new yorkrude is down 3%. $56.07 a barrel. amazing to watch the cascading prices for oil, regardless of where you look. here you see new york coming down well below $60 a barrel. here and now falling even further today at $55.99. the national association of homebuilders, wells fargo builder sentiment index, lifted 257, up one point from 58 in november. sales conditions good rather than poor. the view of current sales conditions decline slightly. better than a stick in the eye, but not getting any better from there. adrian peterson and the nfl players association are challenging and arbitration decision upholding his indefinite suspension. the suspension came after peterson issued a no contest plea to reckless assault. he was accused of striking his four-year-old son with a switch. lawyers for the player and the associations in a filing in the federal court in minnesota, peterson suffers irreparable harm each day that the suspension is in effect. a group led by the british firm bc partners has a

i am tom keene with brendan .reeley leslie picker is with us as well.us started. >> it is called the center really for reason. rally for reason. s&p 500 clothesling less than one point under its all-time high on monday. >> yes! >> the ruble strengthened as oil prices go up as well. north korea has internet again. it was cut off for nearly 10 hours. interruption comes just days

i'm tom keene. joining me is brendan greeley and olivia sterns.o the islamic state is holding hostages in a cafe. five got up earlier. it is not clear if they escape your release. as many as 15 others are still a being held. the gunman has demanded to speak with the prime minister tony abbott. >> we don't yet know the motivation of the perpetrator.

visit ncicap.org] i'm tom keene. brendan greeley and scarlet fu. she's here. nowled not be here. >> trouper. >> we'll see how long that lasts. >> there's extra honey on the desk. >> you sound like me. >> i do sound like you. >> terrible. >> global stocks resume. asian stocks closed higher. here in the u.s., the s&p 500 headed for its best week in two months the index is coming off its two-day rally in two months. futures did pair their gains but still indicate tha

i'm tom keene. joining me, he'll be shopping 10 minutes before me, brendan greeley.n for scarlet fu, who's on a panic right now. let's get to our top headline. >> you got me to put on a tie. >> you look so christmasy. >> i will never go bow, tom. the dow, 18,000 and counting. the dow continued its remarkable surge yesterday, spurred by a blockbuster report on g.d.p. data shows the u.s. economy grew the most in the third quarter since 2003. the index climbed more than 5.5% over the past five days with the biggest rally since 2011.

. >> what is better, our show or tom keene's show? >> today, the show is better. >> all right.w, experts here from madison avenue. we will be speaking advertising. we will be speaking with andrew robertson. out.ld not get that i might need a marketing specialist to help me. good thing he is here to help me. that is it for today. john went, thanks for joining. for now, bloomberg is going to take you on the markets. here is scarlet fu with more. >> i heard what you said about "surveillance." i think he said something different when he was on last time. we are on the markets. let's get you started on how equities are trading right now. we are looking at solid gains across the board for the s&p 500, tao, and nasdaq, recovering tao, and nasdaq, recovering from the three days of losses. of them are energy companies. gas and related energy companies. let's show you what the underlying commodity is doing right now. take a look at nymex crude. and brent. they are erasing losses in the past 90 minutes. nymex crude has clawed its way back above 57, almost approaching $58 per barrel. for m

tom wolf spent -- that shattered the old record by more ollar. pennsylvania gaming efficients say slot machine re knew went down by near ly4%. the sugar house ka keen know dropped off by more than six percent. and slot revenue at parks casino went down by 3%. the one in king of prush ya grew by 14%. >> the police chief says his department willing investigate any sex abuse allegations against bill cosby. these comments come two days after a woman filed a lawsuit in los angeles county. she claim it is comedian molested her when she was just 15 years old. but the chief says no allegations have been brought to his department and cosby is not charged with any crimes. the navy revoked cosby's tightalle of honorary chief petty officer. cosby enlisted in the navy in 1956. >> all right. check out this big bundle of joy. this is mee ya garcia. she arrived via c section monday weighing 13 pound, 13 ounces. her mom had in clue she'd be this big. she has four older ziers, none of them were close to her size. >> she's ready for didn'ter gar ten. tonight a warm welcome home concert for a huge hit on the voice. >> you may recognize him. he has ties to the jersey s