my name's tom london. i'm a magician, hacker and programmer. course. my name's tom london.achines can think a thousand times faster than we can, and because of this, i've worked out a way how to accomplish a thing i've wanted more than anything. to my right here, i've got anything. to my right here, i've got a nova, an ai anything. to my right here, i've got a nova, an a! machine you can use something called open cv — a library that allows you to create ai, which is hooked up to the cloud through the internet, which allows me to do a large amount ofputing in just a second. 0n the other end, i've got an alexa, which i'm sure you're all familiar with. i'll try and see if we can get it to read someone's mind. who would like to have their mind. who would like to have their mind read? immediately, this gentleman over here is like, "yes, i definitely want to have my mind read." do you want to give this gentleman a round of applause as he comes onto the stage? applause hi, there. what's your name? mark. tom. lovely to meet you. i need toical calibrate alexa. in order to do that. i

my name's tom london. i'm a magician, hacker and programmer.an, and because of this, i've worked out a way how to accomplish a thing it's been absolutely amazing. have you had a good time? crowd: yes! temperatures have been falling and tonight they are dropping like a stone. this is how we end the night. clear skies overnight, we don't have the blanket of clouds to keep temperatures up so sunday starts very cold. there will be fast and icy stretches but lots of sunshine to compensate. through the rest of the night, clouds clearing away. widget showers across easterling and clearing away but icy stretches and temperatures in the countryside as low as 10 degrees. we could c— 15 celsius in the shelter blends of scotland. bitterly cold especially across the northern part of the country. lots of sunshine with large winds. the cold theme continues into the new working week but then things turn milderfor tuesday the new working week but then things turn milder for tuesday and the new working week but then things turn milderfor tuesday and cloud increa

i'm francine lacqua in london. tom keene here in london. get to go to davos and do it again. 17 hours in the cold. tom: the story today, further u.s. dollar weakness. francine: the weaker dollar, not necessarily correlated with treasuries. let's get straight to the bloomberg first for news with taylor riggs. taylor: time is running out for congress to keep the government in business. senate democrats say they have the votes to block the bill. they are trying to force president to include protection for young undocumented immigrants. the european central bank is seen to be getting closer to signaling an end to quantitative easing. happy economists surveyed believe the central bank will announce a definite end date for asset purchases by june. that is a sign a more optimistic views on inflation could be gaining traction amongst policymakers. in germany, delegates for the social democratic party convention vote sunday on a proposal to start coalition talks. if they reject the negotiation, that could lead to another election. the party leaders p

is that a bloomberg first while tom is in london? tom: i think this is a huge story.s that at the end of the year there was an ambiguity about the report and in the last five or six days, people are making a statement on the dollar and equity markets. we will talk to jonathan about this, about the idea of asynchronous global lift. really bold statements are being made. in jonathan, a chief economist at hsbc. is the call of low, low interest rates but here we go against the call. when we look at the dollar movement being weaker and also with a higher interest rate, is there a new paradigm in the middle of january? not sure it would call it a new paradigm. interest rates have been exceptionally low for a long time now. also the long-term interest rates. it had to come to an end some point and we do have the global economic conditions normalizing. central banks are responding so it is no surprise to see market rates creeping higher. i think the market knows that interest rates are higher than what they used to be. most people are expecting them to talk about at lower lev

tom: good morning. surveillance from london. francine lacqua and tom keene. ance from london. francine lacqua with robin niblt and david page. let me start with you on trade weighted sterling. we forget how weak sterling has been. it migrates back to 1992. sort of bounced off the gloom of the john major years. why is sterling support -- showing support? the big thing is the referendum drop. there was a sharp decline and then we are seeing fears of the ultra hard brexit and that is providing some support. when you think back to 92 the u.k. currently runs a very large account deficit. tom: have we seen investment flows in? >> in the second half of last that was m&a taking advantage of the low levels. since then we are seeing flows moving out. tom, off to radio. tom keene with us all week and then we go off to demos -- davos. i will ask whether the relationship trade wise we see from the u.s. and the u.k. can actually come up with some kind of agreement if brexit doesn't go to plan. not quickly i don't think. the kind of deal the united states would want with the

this is "bloomberg surveillance inwith francine and tom london for the week. at burberry. then we talk politics. we look at d.c. and then we look at this point. tom: i was looking at burberry few days agot a amateur opinion, nothing happening. francine: we will have much more on burberry and much more on the foreign exchanges. let's get straight to the bloomberg first word news with taylor riggs. taylor: u.s. secretary of state the threaton warned of war with north korea is growing. he was in vancouver with diplomats from 20 countries. they are exploring new ways to impose new sanctions. he said this meant the situation was "very tenuous." former white house strategist steve bennett faces two subpoenas in the russia investigation. he has been subpoenaed by special counsel robert mueller. meanwhile, the house intelligence committee has issued its own subpoena. bannon appeared before the panel yesterday after the white house asserted he was barred from answering any of the committee's questions. mitch mcconnell says immigration can wait and it is more important

tom and francine from london and new york. n next week and then you migrate to davos for the economic forum. trump ishere president bringing his american first agenda. that's the first sitting u.s. president to attend since bill clinton did the same. sarah sanders huckabee says trump will use the forum to make his case for policies to global leaders. joining us is andrew barton, bloomberg's european asset manager for -- manager for -- this came as a surprise to everyone. this also came as a surprise to some of trump's inner circle. what is the president's message going to be in doubles -- davos? andrew: i think it's a surprise and it will upend the meeting. i remember when scaramucci was there last year and everybody chasing him. huckabee, he will go there to talk about america first. he will go there to sell the u.s. and the markets are high. at the same time, he has an opportunity to shift away from some of his domestic woes. he will have the attention of the world elites and perhaps play to his base, which is what we saw him

blackpool is a .ity that has no hope it is different from london. tomice toward st. paul's. what lee i wondered the lane and played tourist and took photos today. she is not a tourist. she is in new york city. taylor riggs. taylor: the rate of economic 6.9% inn china sped up, 2017. that gives authorities more room to get rid of excessive borrowing. better than expected. republicans are betting democrats won't force a government shutdown over immigration. pass ase is on track to one-month spending bill today that would force democrats to decide whether to block the measure in a bid to gain leverage. the new taxse overhaul to bring hundreds of billions of dollars to the u.s. it will pay a $30 billion tax bill and spend billions on jobs in manufacturing centers in the u.s. employeeslso giving at $2500 bonuses. over howj, a shift long the current stimulus should remain in place. of policymakers believe they need to start talking about exit strategies. doj officials see a long way to go before they reach their goal of 2% inflation. global news 24 hours a day

this is bloomberg. ♪ tom: "bloomberg surveillance." from london tom keene with francine lacqua. thrilled with us on economic, finance, investment in the discourse of north korea. we will touch on that. let's get the first word news with taylor riggs. taylor: president trump responded to kim jong-un's latest threats of nuclear weapons with his own weapons. the president tweeted he has a much bigger and more powerful nuclear button after the north korean leader warns the u.s. at the nuclear button is always on his desk. demonstrations in iran have led to more talks in the trump administration overdue economic sanctions. president trump met with members of his national security team. it's an long-standing opposition to the nuclear agreement. now the question is who will succeed utah senator orrin hatch? the longest-serving republican in the senate won't seek reelection this year. he was first elected to the 1976. in his the parts are may open the door to mitt romney. he has flirted with running for the senate. box is in china, as he is pushing u.k. a

london. this is bloomberg. ♪ ♪ this is bloomberg "surveillance," tom and francine from new york and london.e central bank watchers have gone back and forth about what the announcement from the boj today meant. not have beenould taken as an imminent sign they will turn to the exit for the current monetary policy, but there was a little bit of a blip when it comes to the yen. let's get back to june -- gilles moec and elsa lignos. people are trying to figure out what the boj meant. elsa: there was relatively limited information content, because if you look at yields within a 10 to 25 year sector, they were close to the bank of japan's targets, show -- so we should it -- expect them to taper the purchase. qe on anot a taper of whole and to get that we will have to wait for the replacement or reappointment of kuroda. francine: do you think he will be reappointed? what does the market prefer? elsa: the market just wants an extension of the current policies. from a risk perspective, that is probably the best for the market. when it comes to the bank of japan, they are running into limits of how mu

this is bloomberg. ♪ ♪ tom: bloomberg surveillance worldwide, francine the clot in london, tom keene tom keene in new york. happy 2018. we welcome all of you in the world. thrilled you are here with us on economics and finance in january . leslie is focused on january at chatham house and stephen is a jpmorgan. january from congress, i have never seen this. the date calendar for the next 26 days is extraordinary. where will we be february 1? leslie: before january 19, they have to a spending bill through and there is a desire on the part of the president to move forward with more strategic initiatives, especially infrastructure. unlikely, the tax bill, there are a number of calls from people like senator susan collins who want to see the health care market stabilized. there are questions about the immigrants. there are a number of issues i think that are going to get in the way of pushing more -- pushing forward on a more strategic agenda. this is a very expensive tax plan so it remains very unclear, where is the money going to come from if the president wants to move forward on anyth

this is bloomberg. ♪ ♪ tom: "bloomberg surveillance. francine lacqua in londong forward to our new steering -- studios. taylor: tom, francine, president allies defending his fitness for office in the wake of revelations from the explosive behind-the-scenes book. administration officials flooded sunday talks those. the president announced the book a verycribed himself as stable genius. a time is running out to upper a partial sundown -- shutdown of the u.s. government. is january 19.ne there has been no indication on either side budging on either of the two key issues, immigration and the budget cap. lawmakers may decide to adopt a short-term spending measure. france's president is calling for the relationship between the e.u. and china to enter the 21st century. tradets more balanced ties. he also hopes to cooperate with china road and belt initiative, the plan to send billion -- spend billions of dollars on infrastructure. johnproblems at new york's f. kennedy airport following the severe storm last week. flooding at one of the terminals caused more flights to

tom and francine from london and new york. tom, we are talking bitcoin. it slumped.ed a proposed ban on cryptocurrencies. joining us to discuss all of this is bloomberg's european correspondent. what is exactly going on? are they worried people are borrowing to invest in cryptocurrencies? ed: they are worried that households are leveraging themselves to the hilt to get into this market and they are concerned with the knock on effects will be if this goes to zero. tom: i look at bitcoin this morning. this is the same chart i showed before, but it is much more long-term. 2000 to 6000700 to to 14,000. do you have a clue this morning the quality of the bid ask on bitcoin? ed: the quality? i think the quality is the same as it has been over the past year. the only fundamentals we have are the news from south korea, the news from china that they may be cracking down on mining. that seems to be bringing down i don't think that the quality question has changed. tom: are the bid and ask manufactured by these different small sites or are there market determining price or cente

hour, with ellen hintz of nyu.ad stay with us. ♪ nejra: i am nejra cehic in london with tom keene in the euro hits fresh highs against the u.s. dollar, the next focal point for the currency pair is the u.s. cpi data out at 1:30 london time. during us now is john bilton, global head of multi-asset strategy. how high is inflation risk to the upside for 2018? >> if you look at the trajectory of earnings and the general level of growth in the u.s., which is still a little above trend, and the fact we have significant global themes, they tend to damper wage demand. it is great that cpi has picked up. that means the concern we had during the middle part of last year, we were worried we would slip into disinflation. let's look at the facts. at 2.2% last time. that is a 60 basis point swing. 10%u.s. in 1932 was under and the hyatt 1954 was nearly 20%. a 60 basis point swing is a very be nine inflation backdrop. to be fair, with strong growth and inflation recovering towards the target, the fed should be pleased with what they have achieved and the trajectory of inflation, even with breakeven

tom and francine from london and new york. to cover italian elections on march 4. i think a lot of the politicians are readying themselves with possible key alliances as the center seems to be a little bit in a wobbly position. we are back with willem buiter. when you look into the concerns on the elections march 4, there seems to be much more of an anti-euro sentiment we saw 6, 7 months ago. what does that mean for the election? willem: i would not confuse the growing popularity of the five-star movement and euro sentiment. it's clear the five-star movement is likely to come out on current projections of the elections in march as the largest party. it doesn't need to go get an anti-euro coalition to organize the referendum. i think there are risks specifically, but more of the crashing out variety than the walking out variety and as long frankfurt,aghi is in the crashing out scenario is also not part of anything realistic, so it should not be dramatized. it's a threat in turley -- internally to the -- but not a disaster waitin

tom: good morning. "bloomberg surveillance." francine lacqua in london. i am tom keene in new york.re. what a wonderful two weeks in europe. i guess we have to go with the memories of davos and get away from the headlines. francine: the memory was actually what we heard about the dollar. we followed the news. it was incredible. i have been covering davos for 12 years. you have covered it longer. it was one of the first time the treasury secretary of to the news and seemed to be targeting the dollar. donald trump said we want a stronger dollar. i think the top of your currency injuries was the most significant -- and traits was the most significant. to me it was the first year morebankers were b optimistic. we have to remember 2006. you wonder in june or december of next year if we will be thinking about that. francine: you wonder if it is too optimistic. you wonder if it is a counter indicator. windows what 2018 will bring. -- who knows what 2018 will bring. tom: here is taylor riggs. taylor: a top republican senator says donald trump's presidency would end if he fired robert muelle

kelly: tom cruise bringing traffic to a halt in london as tom cruise sprints over a bridge.r performing his own stunts. that's how fox reports this saturday. i'm kelly wright, thanks for watching. jesse: welcome to "watters world." i'm jesse watters. in a meeting at the white house president trump allegedly called hate he, el salvador and some african countries s-holes. the president reportedly suggested bringing in people from places like norway and all hell broke loose on cnn. >> the president seems to harbor racist feeling about people of color from other parts of the world. >>

london and from me in eurasia group. this is bloomberg. ♪ ♪ good morning. this is "bloomberg surveillance ." tom keene is in new york. let's talk about oil, opec, and shale producers. are -- in iran this comes as a second russian operations, began doubling china's production. geoffrey yu and mark gilbert are still with us. opec, not opec, should we figure out what shale producers want to do instead of focusing on opec? >> it remains the most important question for oil. itwill keep talking about forever. the fundamental truth of the oil market is prices these days are decided in texas, not the persian gulf. the real question is how much production -- will they be more disciplined, as they have been telling investors, or will they just put every dollar they can towards new oil. francine: if you think about it, 2017 was a good year for oil thanks to opec. can they do the same for 2018, and if so, how? will: it has been impressive. the quota cuts took longer than they would like, but they were working. industry started to fall around the world. we saw an uptick in the price of oil. the policy has butted to work. the real

kelly: tom cruise bringing traffic to a halt in london as tom cruise sprints over a bridge. stunts. that's how fox reports this saturday. ♪ ♪ [national anthem] ♪ [national anthem] ♪ [national anthem] [national anthem] ♪ >> ballistic missile threats in downtown hawaii seeks immediate shelter. this is not a drill. >> pimentel in the child to climb down a manhole following this both a lawyer. >> it wasn't until 30 minutes later that a correction with that to cell phones and the fate of was all a false alarm. somebody pushed the wrong button. >> what if there actually was an attack in a missile coming in. he was a reverse commute days away from a fast approaching deadline to pass a spending bill and made

tom and francine from london and new york.ing on china. h&a told creditors it faces a potential shortfall of $2.4 billion in repaying debt during the first quarter. the funding gap was among financial details that hna governorsovincial about during a meeting. hna investors did not respond to a request for comment. dealsout to our bloomberg reporter -- how much do we understand who is behind hna and who they have been involved with? to the value of hna go from 100 to 3 very fast? >> their overall debt we have heard is about one trillion yuan. so this shortfall is just a small factoid off that. one of the things as people were talking about how opaque their holdings structure is. have of times, when they done funding deals with a big investment banks, they have done these margin loans where you do not really know the details, at what level it was pledged, and what comes out next. hna is talking about asset sales. they own steaks and everything from hilton to deutsche bank. but we do not know how much of it will be able to start

tom's conditional is still broken. >> it's not fully healed but we're shooting. >> that includes pushing himself to do this 30-second long sprint on a londonand there's more. tom says the new film will include his largest action stunt ever. we're told it took two years to plan. >> okay, tom, we're ready to go. >> let's go. >> that's saying something considering the harrowing action we've seen out of crews in the first five m.i. movies. >> action! >> ironically, tom cold carly back in july that he had never been hurt on a movie. >> i've never broken anything on a film, never missed a day of work. >> i guess tom didn't knock on wood because this happened just two weeks later. even though tom's injury delayed production for seven weeks, "mission impossible" fallout is still expected to meet its original release date and will hit theaters july 27th. >>> still ahead, as bruno mars prepares to take over the grammys stage, we're getting performance scoop from the man helping him sprinkle some 24 karat magic. >> if i had to break this thing down -- >> break it down! >>> plus, it's ellen's 60th birthday. ♪ we're thanking her for all the laughs with

london. the hard body hit resulted in a broken ankle that occurred when tom hit the mark at the we've learnedondon. in the dramatic footage, tom does pull himself up within seconds of impact. he limps towards the camera operator, waves his hand and pulls on the safety harness. after catching his breath, he is pulled back to the other side. tom can be seen holding on to a crew member for support, then staggers off unassisted. paramount tells "e.t." the film remains on schedule and will open next july 27th, adding, quote, tom wants to thank you all for your concern and support and can't wait to share the film with everyone next summer. and check this out. we obtained footage from an earlier attempted stunt. that time tom's torso hits the side before he hangs suspended in the air. he does not appear to be in pain or limp once pulling himself up. >> how do they allow to you do this with the insurance. >> i don't even ask. >> tom is an action star that insists on always doing his own assistants. >> what were you thinking? yo i was thinking [ bleep ]. fall, you know. i don't want to fall. but you'r

in a moment we will talk to anthony zurcher in washington, but first to tom burridge who's outside the us embassy in south londonew building, the us embassy, tom, and that is one of the reasons we thought president trump would be coming, but not so. reasons we thought president trump would be coming, but not som reasons we thought president trump would be coming, but not so. it is probably a cocktail of reasons. maybe it is partly the building, but you have to look at the fact that this was probably never the first trip to britain as president for donald trump that he envisaged. in terms of presidential visits it was going to be fairly low key, not a full state visit, without the pomp and prestige that any world leader coming here would want. any world leader wants those foreign trips to be as big as possible, those royal moments which play so well on us tv, to make him look as presidential as possible to his key audience back home. and then there is the element of protest which was probably playing, too. people like sadiq khan, other prominent people, pushing the idea that large numbers would turn out on the st

tom: francine, please, jump in from london. francine: is 2018 the year protectionism strikes back?> it is certainly the year we see much bigger fragmentation because governments are becoming so interventionist. part of that is because the chinese have an alternative model for their investments, and they will be seen as increasingly the most important economies around the world who will align themselves more with beijing than with washington. part of it is that president trump here in the united states, who in 2017 talked a lot about protectionism, talked about beating up on trade deals, but aside from leaving the transpacific partnership, did not do very much. in 2018, the u.s.-china economic relationship gets worse. in 2018, nafta has to get renegotiated in the midst of a mexican presidential election. that is not likely to go well. clearly, this is the year we will talk a lot about not only traditional tariff barriers but also nontariff barriers and government support/protectionism for their own industries. francine: what does this mean for globalization? depending on your outloo

london. .ad times for alan howard his macro hedge fund lost more than 5% last year, the worst performance ever. more on hedge fund winners and losers next. tune in to tom keene and jonathan ferro from 7:00 to 9:00 every morning, and then pimm fox joins tom from 9:00 to 10:00. it can be heard across the united states on sirius xm. this is bloomberg. ♪

tom: anna edwards is with us in london.ave spent so much time within the government offices of the united kingdom. i was quite taken by her intensity. is the prime minister always that intends or was she turning it on for davos? anna: maybe a bit of both. i think it is interesting that she keeps talking about deep and special, the nature of the relationship she wants with the eu. in terms of where this moves us, she says she has seen pragmatism from the eu, but i was reminded of the conversation with the prime minister early today. it cannot be cherry picking, if you want access to the single market, it comes with responsibilities. did she leave the door open when john micklethwait with asking her about what the u.k. is prepared to provide in exchange for access? she sort of evaded the question and then she did leave open the question that maybe there could be money or security on the table in exchange for access. she did not answer the question, but she did not close it down entirely. tom: how will she listen, speech?, to

tom: i want to go back to gravity. hotel in london that was at the height of pseudo-edwardian banking. build as a monument, jes, to what was before then. what is the monument that we are doing now? 1997r that matter, from when the financial crisis of 1990? what is the monument for the financial architecture now and the one we need to most avoid? >> what i think we can't forget is that the beginnings of finance. what finance really did, going back a couple centuries ago, and very much in the u.k., was really to democratize economic growth. it was the means by which wealth could be transferred from a diverse population, not just to a family member who inherited a big farm, but rather to an innovator or entrepreneur who had a new idea. finance allowed for the funding of somebody who thought of building a car or railroad. and we obviously went through a dramatic period of 2008 and 2009 in the aftermath of the financial crisis, but i think citibank does an extraordinary job at it. we should not lose sight of the value of finance in providi

he wants to make when he's ready to make the decision i mean president tom has confirmed that he's cancelled his state visit to london there were calls from some politicians for his invitation to be withdrawn and opponents are planning protests if the visit went ahead but on twitter chum put it down to his objections to america's new embassy in london reason i canceled my trip to london is that i'm not a big fan of the a bomb administration having sold perhaps the best located in finest embassy in london for peanuts only to build a new one in an off location for one point two billion dollars bad deal wanted me to cut ribbon no. there's been significant progress in talks between german chancellor angela merkel's party and its main rivals politicians say they have agreed on a blueprint which paves the way for the next stage of talks on forming a grand coalition merkel's christian democratic union party and the center left social democrats as spend five days finding common ground germany has been without a full government since september's elections david chaytor is in berlin david what do we know about this progress. j

tom. was. following the world cup draw in moscow the question embassy in london held an exclusive event where they presented the fateful woke up to the qualified nations and some of the world's biggest names even though i managed to get myself an invite to stan collymore show today he's come to the russian embassy in central london why we decided to come in a beautiful new suit it's simple the world cup next year in russia is going to bring together thirty tonight in the ambassador has brought together the consul's from those of the thirty one along with the greats in the good english football team a little bit machine dig and some a little look we're on the sings. and we're excited are you to have the world cup in your house actually it's been told by a lot of times when i was a kid i remember being told the place was left in the great soviet seems to be early sixty's it's the realisation of a dream for many people in russia true to dreams the first one for our people is that we build from this creates eleven stadiums so and they are the world standard people standard it means that after the game

tom: within that, is singapore booming? i was struck by londong a vibrancy often seen in years. what is the vibrancy of singapore right now? haslinda: right now? tom: real state is insane. haslinda: singapore's economy is going through a slowdown. it's tried to go through recovery mode. you talk about hong kong's property markets. it's been in the doldrums for the past four years and trying to come up. there are signs that the worst may be over, but it remains to be seen. we were in a downward projected for years and it took a long time to get to where we are. tom: wonderful to see. we have got much more for you in the next three days. secretary mnuchin with initial comments by the trump administration. he is at these meetings of the world economic forum. this is a day where we are really grinding forward to the speech of the president that is scheduled for friday. stay with us. from these meetings of the world economic forum, this is "bloomberg surveillance." ♪ taylor: this is "bloomberg surveillance." let's get your bloomberg business flash. th

do anything you know why because i don't care what tom's visit had originally been planned for next month so he could open the new u.s. embassy in london however the president canceled the trip claiming he wasn't happy about the location and the cost of the new building r.t. cæsar alley has been looking at how the u.k. and the u.s. failed to find common ground in twenty seventeen. the u.k. prime minister to reason may has invited u.s. president donald trump to visit the united kingdom later this year it comes as the two leaders met at the world economic forum in davos and also comes amid rumors of a breakdown in the relationship between the two countries if you. like in a lot the way a. false rumor i just want to correct the record straight for getting into. whether or not what is real is that twenty seventeen saw a real strain in the so-called special relationship. is the only way. to reason made don't focus on me focus on the destructive radical islamic terrorism that is taking place within the united kingdom we're doing just fine and perhaps a change of heart by president trump in order to repair that relationship he's indicated tha

tom symonds, bbc news, coventry. joining me now from central londonissioner for west yorkshire, mark burns—williamson. thank you for coming in. this contradiction between experience and perception and the official figures, what do you make of that? the recorded figures are disappointing. sadly, it reflects, in my view, the cuts in resources to policing to some extent, but clearly we have all got a role to play in working with our communities in persuading young people not to get involved with violence and knife crime because of the awful consequences that we know about. indeed, in your area, what effo rts about. indeed, in your area, what efforts are being made in that regard and how successful are they being? reinvestment in policing is key to this because working with schools, voluntary groups, absolutely key. however, when you look at the cuts to youth services and local authorities and the decisions they are having to make, there isn't a joined up approach from central government around some of the funding decisions and in my view, they need to th

it seems he has come to london for the time being, not pontypridd. sir tomrom dean martin. he said the benefit of that was that dean martin had left the bar. imagine the people who have been there! amazing. people have made a fair old job out of impersonating elvis over the yea rs. of impersonating elvis over the years. the european elvis championships final. the winner will be announced later, on the edge of oui’ be announced later, on the edge of our seats. elvis impersonators used to be widely mocked, but i think people have worked out the risk quite a lot of money to be made if you are decent elvis impersonator. as an elvis fan, i have to do say it tends to be a slightly more rotund gentleman in the jumpsuit, tends to be a slightly more rotund gentleman in thejumpsuit, but i think it always reinstates the caricature of elvis in his final yea rs, caricature of elvis in his final years, rather than in his prime. finally, the chelsea coach and manchester united football coach, no love lost between the two of them?” think it's getting a bit tiresome. the pla

london. tonight, she's facing felony theft and criminal trespass charges. sglfrm sglfrmts. >>> new details on the sudden death of tomthe singer's family revealing the coroner's report citing an accidental overdose of pain killers, sedatives and fentanyl while battling a broken hip and other issues. the family saying this, it is our feeling that the pain was simply unbearable. >>> the death at sea on a carnival cruise, a woman who fell several decks from a balcony has now died. that carnival cruise ship known as elation on four-day cruise to the bahamas from jacksonville. the company confirming the death tonight. >>> turning now to the tantrum turned to joy for a 10-year-old in pittsburgh. london harvey having a moment. we've all been there. not happy on her way home from school when suddenly, she hears a familiar voice behind her calling her name. >> i don't want to -- ah! >> her big brother back from a six-month deployment in the navy reserves surprising her. that reunion a total mood changer. what a moment. >>> up next right here when we come back -- ♪ the school is cancelled for today ♪ >> move over mariah, meet

tom: thank you. i will put that question to our next guest, a noble laureate and professor of economics at london schooluestion on the minds of many viewers, around the federal 2018,e and rate hikes in proposed three, but we have a question of a lack of inflation, soft wage growth. in terms of monetary policy and what you seen from the fed, is it time to rethink the way tykes given what we've seen -- re-think way tykes given what we have seen? the time to bek raising rates across the global economy. seeing some inflation because of currency movements. the fundamentals of the economy are good, generally across the u.s., europe, china, but they are not that strong we do but think there would be inflationary pressures. if i were a central banker, i would maybe listen carefully about what is going on and what carefully but not doing anything right now. tom: geopolitics is the key risk? christopher: the key is geopolitics. we have north korea and a southeast asia. we have the german government and brexit in europe. trump. [indiscernible] and generally it is the right environment to provide stable, long-term