i will speak to tony crescenzi tim kos market strategist about policy and the outlook.ottom line on bloomberg television continues in just a moment. ♪ >> welcome back to the second half hour of bottom line. i'm mark crumpton in new york. let's get you some of today's top stories. the price of crude oil and the close of floor trading. crude down about 2.6% today at 52 14. we were talking about oil a few minutes ago and how that factors into the inflation picture. we will be discussing that. another sign of the real estate recovery is an evening is that housings starts fell 2%. a drop in construction of single-family homes offset a rise in work on apartments. factory production rose less and forecast in january. there was weaker demand for construction materials. motor vehicle assembly so down. factories are holding back production because overseas customers are not ordering as much. that's a look at the top stories we are following today. for more on the fed minutes, we turn now to tony crescenzi executive vice president, market strategist, and portfolio manager at pimco

mark: tony crescenzi, executive vice president and portfolio manager at pimco, good to see you here. tony: thank you so much. mark: now a bloomberg exclusive as returned to the greek bailout deal. erik schatzker had an exclusive sitdown with the finance minister yianis varoufakis. erik joins us from athens. what is the latest? erik: well, we need to talk about the banking system mark because anytime a country's economy is in jeopardy, the banks become a pressure point. we saw that in the united states after the financial crisis, we saw it in spain and ireland. he does most definitely been the case in greece over the past month. since syriza swept to power in january, it has been an open question of what happens to greece's banks. depositors have been voting with their feet. they have withdrawn by some estimates 20 billion euros from greece is thanks. and before that agreement with the eurozone, the future of the banking system was an open question. i sat down with mr. varoufakis the finance minister late this afternoon and i asked him how long it would take to stem the outflow to reve

. -- tony crescenzi. i will be joined by mark zandi of moody's analytics. in san francisco. >> samsung the dominant phone icompany in china but no more. getting hit hard by chinese companies and apple. what happened? how samsung has fallen so far, so fast. ♪ >> i am cory johnson. this is bloomberg "west." samsung's dominant in china is over. it has been overtaken is the largest smartphone pundit -- vendor last year. second place? sam -- samsung in fifth place in the fourth quarter. behind apple, lenovo. what happened? crawford don't product joins us. ashcroft-- crawford del prett joins us. but it reflects an amazing fall more than anything else. going back to 2012, every single quarter samsung was the leading supplier in china. basically it has fallen apart. what they see now is you have this upstart in shall me -- how choime. they had bundled, like at&t whether china label phone. those folks are now selling direct and getting a lot more sophisticated product design. as you point out, apple has absolutely moved in and move in fast. >> when i look at the ris