willem: nowhere.venally stable to 2021 because it depends what part of the economy those economists are looking at. if you look at manufacturing, it is very weak and it is good to remain weak for a while. you need quite a substantial trade deal to improve that sentiment. on the other hand, the consumer is quite strong. as we have seen in the labor markets figures last week. so basically, what it means is that central banks in terms of interest rates is too glum. the solution is not there. in the case of the fed, i think that there is no need for the cuts. matt: is there any need for fiscal -- there's so much talk about fiscal stimulus being necessary in europe. it has me starting to think about the times when we used to talk about infrastructure spending in the u.s. we did get a tax cut package. we did not get infrastructure spending there. do you think that that is something you see on the horizon? willem: it is what people are hopeful for. it is a political decision, which is one of those difficult

wow, all right >> but willem.his -- i mean - >> seth: yeah, willem is -- i mean, that is insane >> willem is very, very impressive and also his little pipe that -- he's doing every single scene smoking that pipe. and it's a clay pipe with -- i don't know what was inside it, but the skill involved i mean, willem had practiced that he's doing these massive monologues with a pipe in his mouth. and he's keeping it, like, scene after scene after scene. i was so impressed by it and it was disgusting. i did one scene where i tried it it's unbearable. you can not stop coughing the whole time [ laughter ] but, yeah. but, yeah, the mustache, it's one of my greatest achievements. [ laughter ] >> seth: willem told us that some of your co-stars were these, really, i'm not exaggerating, excellent seagull actors >> mm-hm >> seth: but there was a scene where you -- it's obviously a puppet in the scene, but you kill a seagull cause you -- this is sort of about two guys losing their minds. >> yeah. >> seth: and what -- so what was

willem: we see a little bit of strength. bond portfolio for our clients, you automatically end up in the u.s. dollar space. you do not end up in the euro space because it is too low. the consumers -- i think that is what the picture will show. the consumer might have picked a little bit in terms of sentiment, -- might have peaked a little bit in terms of sentiment, but it is still weaker. tom: i want to go to getting to january 15. one of the things the pros do is ignore the holiday and get onto the beginning of the year. sels, what is the to do list as we frame for january 15? in 2020,e think that the u.s. will remain our favorite market. we are positioned in really the growth sectors and in technology and in the longer-term trends, because again, from a cyclical perspective, it is difficult -- you need to weigh the relatively low growth outlook against a potential bottoming. it is both a level and the direction that are important. so people still -- i think in 2020 people will feel much more comfortable with the longer-ter

i'm willem marx in london. daimler shares veer off road and drag the auto sector lower negatively impacting earnings over the next two years. down turn avoided germany dodges a technical recession as the gdp rises by 0.1%. ricardo rakes it in. helping the luxury group burbery grow and missing estimates in october as cnbc learns trade talks with the u.s. has hit a snag and learning that canceling tariffs is an important preseason. >> good morning and welcome to the show daimler has warned earnings in 2020 and 2021 will be negatively impacted by cost cutting plans a new strategy to stream line business and improve efficiency. it needs to, quote, significantly increase its financial strength at mercedes benz it plans to cut workers. daimler is down 3.3% volkswagen down, bmw down 0.1% in france, renault down almost two-thirds a percent and ferrari also performing negatively why do you think daimler is doing this >> looking around, all of the shares, they are all facing a lot of challenges. i don't think it is anyth

fascinating, willem.was really down playing any potential impact from either the trade deal or an extension of licenses to u.s. companies selling technology to huawei the message largely seemed to be nancy, it's not going to affect us hugely. >> they would say that right they want to take advantage of their home market which is stoet be the largest 5g market in the world. so of course that's the message we have been hearing from huawei for quite some time. but i was equity surprised when you asked the chairman to what extent they're having discussions with the u.s. government at this stage. >> and the message was not at all. you would think an issue this important, particularly where there's a security aspect involved, that the state department, the commerce department or even the pentagon for that matter would be getting in touch with the company directly and asking for detailed information about their technology, but the message we had from the chairman was, no, they have no direct conversation at this

that is it for our show today here in london i'm willem marx.e exchange" will be coming up in just a few moments time when you shop small you help support your community - from after school programs to the arts! so become a regular, more regularly. because for every dollar you spend at a small business, an average of 67 cents stays in the community. join me and american express on small business saturday, november 30th, and see how shopping small adds up. (danny)'s voice) of course you don'te because you didn't!? your job isn't doing hard work... ...it's making them do hard work... ...and getting paid for it. (vo) snap and sort your expenses to save over $4,600 at tax time. quickbooks. backing you. introducing a razor that works differently. the gillette skinguard has a guard between the blades that helps protect skin. the gillette skinguard. ♪ >>> it is 5:00 a.m. at cnbc global headquarters. here is your 5 at five the rally returns. stock futures pointing to strong gains after stocks snapped a six-week winning streak. >>> it's just another merg

willem marx joins us with the full story good morning, willem. >> good morning, dom this is not the firstd back in 2017 uber lost its loins. that was due to failures on background checks for drivers as well as concerns that they hadn't been reporting criminal offenses correctly in 2018 a judge gave them a bit of lee way a 15 month probationary period and now we're hearing they logs their license. transport for london the regulator saying they're not fit and proper to operate a license for hire they put passenger and driver security at risk the focus is on the details. what happened the upgrade to uber systems allowed for exploitation of vulnerable in the app that meant that unauthorized, unlicensed, potentially uninsured drivers could up load their photos to another driver's profile tfl saying that happened 14,000 times and they're not happy about it uber has come out saying over the last two months we ordered every driver in london further strengthening our processes. we have probust systems in check. we'll soon introduce a new facial recognition process tfl is extraordinary and rong and

[theme music] >> welcome to "street signs" i'm joumanna bercetche >> and i'm willem marx europe stoxx 600 returns to highs not seen since july 2015 with trait sensitive sectors leading the gains. >> cnbc learns beijing is pessimistic about the signing of a phase one trade deal but the vice chairman of pimco tells us he's more upbeat that deal will get done before the end of the year >> the deal would be to draw up something no later than but to resolve something by the beginning of december and sign it before christmas. >> reporter: dozens of anti-protesters leave a leading hong kong university after a siege that last the the last three days after carrie lam urges the remaining demonstrators to leave peace fully. >> they have to stop violence, give up their weapons and come up peace fully and take instructions from the police >>> france and germany grief eu c car regulations and volkswagen with a 30% jump in sales >> good morning, welcome to "street signs. let's take you to some of the market price action we've had in the past 24 hours. wall street just about inking out gains. tech an

shearers and we're willems the baroness tries to find a solution. to her castle the aim to bring peace to the world but it's not easy as old feuds and animosities resurface emma plays the vampire elvira. this very old well me because she's only been around i around say one of the 3 kind of ramp hires and now there are 10 different kinds of magic species around her . this is just one of 70 different role plays that comprise the danish school's curriculum including math biology chemistry physics history geography and languages taught in an unconventional way and the school success speaks for itself 72 percent of pupils subsequently go on to upper secondary schools where they can take their school leaving exams that matches the danish average. the head of the vampires tries to hold emma's clan together a few of them have gone rogue. he. made it through to also i think it's teach them. a way of. dealing with problems. that you know us would have. and this is just the kind of the ultimate says because it has to walk around to have to mingle you have to t

i'm joumanna bercetche >> and i'm willem marx >> the end is nigh european stocks go higher after striking a positive tone on a u.s./china trade deal. >> hong kong dives into the first recession in a quarter after crippling anti-government protests and ongoing trade war >> mixed signals france's orange jumps as it plans to split the tour unit >> fed chair jerome powell tells congress there is no reason growth can't continue but warns that risks remain. >> look at today's economy there is nothing really booming that would want to bust. there is a pretty sustainable picture. i pointed out the risks. those are in manufacturing >> welcome to the show some breaking news for you the health of the global economy is a concern left its oil estimate goal unchanged for 2020 at 1.2 million barrels a day this report released they see non-opec supply rising by 2.3 million barrels a day, up from 1.8 million in 2018 opec plus countries face major challenges as demand is expected to fall sharply. that does not bode well. we have that vienna opec meeting coming they had talked about saudi arabia and said th

i'm willem marx.he stoxx 600 slumps to a two-week low after a down day in asia the ecb says key profits are a risk we'll hear from the central bank's vice president at 13:15 president trump threatens to increase tariffs on china. >> i have a good relationship with china we'll see what happens i'm happy right now. if we don't make a deal, i'll raise the tariffs even higher. >> leaders face off with brexit at the center of their first tv debate >> we certainly will come out on january 31st because we have a deal that is ready to go >> within three months, negotiate a credible leave option and within six months, put that as a referendum to the british people >>> let's check on how european markets are doing. the italian ftse mib has recovered slightly we've had that financial stability review from the ecb that has been a bit of a drag. the cac down almost three percent. let's check on the currency market as well we'll seen the dollar weakening. down around a tenth a percent. the euro weaker against the d

that would be the worst four stocks this year >> bank of england we'll go to willem let's call this the global limbo of interest rates. >> just like the weather here, the data has deteriorated in the uk pmi there is repeated there appearing sub 50 economists are looking fordo downgrades let's call them dovish dissenters there is a new level of uncertainty for the british economy. a new government could bring a new plan one other point worth noting, it is almost if not quite the last appearance for governor mark karny. his replacement will not be named until after the election so possibly late december, more likely early january >> so willem, we've got that we've got brexit outstanding is there anybody out there you talk to that says we are going to go the other way? >> the uk slow down is not just due to global uncertainty. that has meant we've seen a huge amount of investment that is something you hear again and again and again. people shorting the pound, we've seen that bump up a little bit wait to see whether mark karny has anything positive to say as well >> somebody has to have the

[music playing] i'm willem marx. a fourth negative session after a report china may not sign a preliminary or phase one agreement this year. >> the french finance minister says you can't build growth in europe while the world superpowers launch a trade war >> i don't think that this war will be solved as a whole in the near future. maybe there will be a limited agreement between united states and china. >>> melt down in the steel sector shares plunge more than 10% as they lower their 2020 outlook. fiat chrysler shares see red after they prepare for themes for a gm lawsuit welcome to the show, no deal this year. there are big barriers to a preliminary or phase one trade agreement which could push negotiations into 2020 talks have tumbled over beijing's demand over tariffs and the u.s. demanding over property rights. >> so i can tell you this. china would much rather make a trade deal than i would. >> why haven't they? >> because i haven't wanted to do it yet. >> why haven't you >> because i don't think they've stepped

alec baldwin and willem dafoe, bruce willis [ cheers ] >> jimmy: bruce willis, willem dafoe is great. everybody knows. >> jimmy: he's a beast >> he's a beast. but the thing is, like, over in this building, alec, you know, he's one of our great comedians and great satirists. >> jimmy: yeah >> you know what i mean? but we came up on alec, you know, "glengarry glen ross" alec - >> jimmy: he's a good actor. he's a great actor >> and "coffee is for closers only," right >> jimmy: he's amazing >> and i think that he's, in this film, i think it reminds you with a shock of like the force of pushing you in the back of your seat, that he is really one of our great dramatic actors. he is really, really phenomenal in this film >> jimmy: he said the same about you. he was here and we were talking about it and i go, "what are you doing? he goes, "i'm doing this movie with edward norton [ light laughter ] it's a great film. wait until you see what edward does he's going to get an oscar he's going to get an oscar wait until you see what he does." i go, "okay, can't wait to see. >> did he say, "i will,

just three minutes later, defenderjetro willems took advantage of space on the edge of the area to ensureitions, the game needed warming up and kevin de bruyne brought the firepower. a huge goal and a huge moment for city. however, newcastle weren't finished. a clever free kick and an unmarked jonjo shelvey culminated in a special finish to once again bring his side level as they kept their sights on finishing the game with a point. a great response to a stuttering season, but for city, a missed opportunity. jo currie, bbc news. that's itwe're back with the late news at ten o'clock now on bbc one it's time for the news where you are. goodbye. in places temperatures will struggle to get much above freezing. scotland, also aware that fog has been slow to clear. some rain in the forecast for this evening. courtesy of this area of low pressure fringing the far south—west of the uk. in cloud should had pics of a need to be isles of scilly, devon, cornwall, the channel islands. the odd spot of rain and wales. more cloud and southern parts of the uk and the seeming fog will reformat with the mid

if not al pacino, i would say willem dafoe in the lighthouse is bonkers and fantastic.t of people really want to award him. he would be the spoiler, i think, in that category. 10,15, even 20 years ago, we would probably be surprised if we were talking about jennifer lopez as a potential oscar nominee, but it seems like that's definitely the way it's going right now. her performance in hustlers as a stripper who is part of a ring of women who basically drug men for their money, i think it'sjust filled with layers. all of the things that we love about jennifer lopez as a performer. jennifer lopez's performance is unbelievable. it's fully memorable, kind of the j—lo that everybody remembers from years ago, just completely exploding onto the screen. hustlers is not a great movie. it is a very fun movie, and the reason it is fun is because ofjennifer lopez. she plays a stripper with a heart of gold. she really owns the movie in the way that you want a great actor to own a movie. she makes it thrilling. i think zhao shuzhen in the farewell stands a good chance. she's pretty w

we will also need to find a common way >> willem joins us live.he story of auto tariffs has been hanging over the auto sector for many months now if you look at the key stake holders as well. juliana spoke with the ceo of k volkswagen earlier in the week is that what you are hearing in brussels as well >> a lot of the carmakers have focused on vesting in the u.s. and expanding plants there and talked about what tariffs would do to their business not just here but in the states that is something steve mnuchin and those in the u.s. have picked up on and applaud it. what they talked about today saying we don't know, we've looked to see. that is a reflection that europe just like china had to wait and see, often quite last minute the finance minister from the slovakian government, he thought as of right now he was more confident of the economy on the auto sector. he would be more optimistic now than he would be, say, a month ago. this is really not easy to answer but i hope that we are asking in the way that will avoid the tariffs but decisions are on

i'm julianna tatelbaum and i'm willem marx. >> beijing and washington agree they must cancel some tariffs before an agreement can be termed >> telling us he's more caution about the first half of 2020 >> we do accept in the first couple of quarters and believe the short cycle of business are flattening out and do expect their recovery >> a tale of two banks shares in unicredit and commerce bank sinks despite confirmation of prerelease numbers >>> and gaining altitude cost cuts helped lufthansa and they believe they will return to profitability by 2021. >>> potentially big news china and u.s. agreed to remove existing tariffs in phases if both sides agree to lift their tariffs at the same time presidents trump and xi were supposed to meet in chile before that was canceled. it is agreed they are trying to meet in december >> reaching a phase one deal that they would have met before host country chile canceled the event due to unrest. that deadline might not be feasible as the two continue negotiating the terms. if the date gets pushed out, that could get pushed out to europe president trump

if not al pacino, i would say willem dafoe in of the lighthouse is bonkers and fantastic.k a lot of people really want to award him. he would be this boiler, i think, in that category. ten, 15, even 20 years ago, we would probably be surprised if we were talking aboutjennifer be surprised if we were talking about jennifer lopez is a potential oscar nominee, but it seems like thatis oscar nominee, but it seems like that is definitely the way it is going right now. her performance in hustlers as a stripper who is part ofa hustlers as a stripper who is part of a ring of women who basically drugs meant for their money, i think it isjust filled drugs meant for their money, i think it is just filled with layers. all of the things that we love about jennifer lopez as a performer. jennifer lopez as a performer. jennifer lopez as a performer. jennifer lopez 55 performance is unbelievable. it is fully memorable, kind of the j—lo that everybody remembers from years ago, just com pletely remembers from years ago, just completely exploding onto the screen. hustlers is not a great movie

the latest growth figures hitting the tape moments ago how did that work out, let's go to willem. we've got the eurozone q 3 employment numbers that's the flash estimate. the all important q 3 gdp number 1.2% year on year. relatively low level growth across those countries that is for the period july and september. we've talked about the sluggish growth requiring governments to step up to the plate talking about whether they can take a coordinated approach. some saying there are huge disagreements about how that can be achieved. we've seen a need to get that growth higher than the 1.2 annualized growth. >> we talked about slowing down to 2% or lower thank you. you can see the european markets. they are downright now back here home and see how our money and global markets are setting up stock futures are down a touch seeing a decline of 18 points now on the dow the markets coming off their 10th record close of the year. the s&p 500 also off a record close. this is the 20th of the year the bond market yields have been moving lately and moving higher. seeing the yield at 8.15%. still

u willem >> later today, we'll be speaking with the chairman and ecb chairman that is it for today'show. "worldwide exchange" is up next. sfx: upbeat music a lot of clothes you normally take to the cleaners aren't dirty dirty. they just need a quick refresh. try new febreze clothing quick dry mist. it eliminates odors and refreshes lightly-worn clothing. breathe happy febreze... la la la la la. >> good morning. it is 5:00 here at cnbc. the dow doing something yesterday it has not done since april 2014 and only the third time in 20 years stocks continue to tick to new record highs show me some of that money president trump railing at the fed over interest rates. will chairman jay powell bite back today next chapter in the impeachment hearings live today with what wall street might expect and

happy friday i'm willem marx. >> and i'm carolyn rocks >> you may say, i'm a dreamer. christine lagarde asks the time and defends the measures >> the ecb policy stance has been a key driver during the recovery that stance remains in place >> stocks rebound. european equity markets stage a come back after a mixed day in asia after the dow logs its largest losing streak since august >> fighting words. xi jinping insists a phase one deal must be based on mutual respect. >> and manufacturing activity in france and germany expanding that beat expectations >> you mentioned some flash data we have some more here we have the november flash numbers for the november pmi coming in at 46.6 and services coming in at 50.3 against 50.6 in october and coming in at 51.5 for november against 52.2 last month. >> we saw the german and the french data that was better than expected that led to the small rise in the euro i wouldn't say it was a huge rise we are seeing the euro changing at 1.1056 given that the french number beat consensus. the german number well below that 50 boom bust level

this has happened before, willem, but is this a different situation this morning >> reporter: you'reht, andrew back in 2017 they stripped the license. they said that uber at the time was not fit and proper that was because of concerns around background checks for drivers as well as the fact they hadn't been reporting criminal offenses committed by drivers a judge last year said that uber would have a little more time after they made some changes they had a 15-month probationary period that ended today and now we heard from the london regulator, transport for london, they are once again refusing to renew the license for uber they mentioned not fit and proper to operate things and also putting passenger safety and security at risk this time it's focussed on a vulnerability in the app that allowed uninsured, unlicensed, unauthorized drivers to up load their photos to existing driver's profiles, 14,000 trips across london this happened. that is what they said put passengers at risk uber saying they felt the decision was extraordinary and wrong. they said they'll appeal the last two month

. >> thank you, willem, great seeing you. >>> coming up next, we're going to get the "axios" treatment the next three hours, leading up to our special coverage of today's impeachment hearings. the key testimony from yesterday's impeachment hearings as we look ahead to this morning's highly anticipated testimony from ambassador gordon sondland. we're also gearing up for tonight's democratic debate from atlanta. top democratic lawmaker stacey abrams joining us. also helping us get through this day, the "new york times" peter baker and "washington post." a jam packed session, we'll be right back. l be right back ♪ everybody needs somebody... ♪ ♪ find everything you need for the kids this holiday, with low prices and free shipping on millions of items at amazon. on a scale of one to five? wait... one to five? when it comes to feelings, it's more like five million. there's everything from happy to extremely happy. there's also angry. i'm really angry, clive! actually, really angry. thank you. and seat 36b angry. you're clive owen. and you're barefoot. yeah... there's also apprehension... ..

let's cnbc willem marks who's standing by live in london. it's elon musk's twitter feed. it always is, you know, he unveiled that new cyber truck, right, in l.a. last week. we've talked about that already. he had his lead designer throw that metal ball out the side window. although it was going to be bullet proof, it smashed. the guy took a sledge hammer to the door frame before hand to show how strong the steel was, and that sledge hammer cracked the bottom of the glass, and that made it more susceptible. he tweeted out a video of them trying the same experience before the launch and it was fine. another video he has tweeted that's gone completely viral is this matchup between that new truck and the ford f-150. they're towing each other, competing with their strength and the tesla kind of drags it uphill with the ford's back wheels spinning pretty aggressively. some scientists, people like neil degrass tyson they've pointed out it was in rear wheel drive, it didn't have a huge amount of weight on the back wheels so it wasn't -- actually, le

. >> i'm willem marx these are your headlines on this monday morning china cut ascii liquidity rate toe talks and nasdaq listening business tells cnbc west that investors are worried. >> really the most important topic in the u.s. and one that the chinese companies looking to the u.s. are looking for some certainty around. >>

. >> and i'm willem marx stay with us [♪] looking to simplify your skin care routine without sacrificingesults? try olay total effects. one dose provides more vitamin b3 than 50 cups of kale and improves 7 key areas of visibly healthy skin. try olay total effects. >>> it is 5:00 a.m. at cnbc global headquarters and here is your "five at 5:00." a regard rally in the stock market rolls on after short stints on the sidelines, the buyers are back in business. helping stocks hit some new record highs, some $56 billion worth of new deals being sealed this week alone. talk about a holiday appetite for some deal-making there more progress on trade talks top officials holding yet another key phone call overnight as the december 15th deadline for tariffs looms. and a baba boom! hong kong-listed shares in the chinese e-commerce giant sgi

coming with these really, you know, incredible new york actors like edward norton, alec baldwin, willemigator he has tourettes you're a housing advocate. and i wondered if you had read the book or when you got the part, did you decide to read the book >> well, the first time i met edward norton, you know, i love to do my research. i'm a bit of a nerd when it comes to history, and researching all my characters. and so i was like, "so, should i read the book? like, what should i do?" and he was like, "if you read the book, you won't take this role because the role isn't in the novel. >> seth: right [ laughter ] >> so i was like, "phew, okay. that's one thing off my research list." but, no, i mean it's amazing, the adaptation he's done you know, the novel's set in 1999 and he's transposed his character into the '50s. and you know, it's got this noir kind of '50s detective drama feel to it so it's a really bold adaptation it's amazing >> seth: one of the other things, we mentioned "friends. you're also in "morning show," which is one of the first shows on apple plus. >> yep >> seth: and, of

diplomat in ukraine william taylor and deputy assistance circuitry of tate willem kent will testify. friday at 11 a.m. eastern on c-span two, former u.s. ambassador to the ukraine marie yovanovitch will appear before the committee. and the head of the hearings reads testimony from the depositions. find the transcripts at >> coming up tonight on the c-span, next former vice president joe biden officially files his paperwork with the new hampshire secretary of state's office to be a 2020 presidential candidate and holds a rally outside the state house. then president trump delivers remarks and a black voices for trump rally in atlanta. after that, senator patrick leahy of vermont with the status of appropriations committee on his week's newsmakers. former vice president joe biden officially found his paperwork -- filed his paperwork to back 2020 presidential candidate. here's a look.

if not al pacino, i would say willem dafoe in the lighthouse is bonkers and fantastic. we were talking about jennifer lopez as a potential oscar nominee, but it seems like that's definitely the way it's going right now. her performance in hustlers as a stripper who is part of a ring of women who basically drug men for their money, i think it's just filled with layers. all of the things that we love about jennifer lopez as a performer. jennifer lopez's performance is unbelievable. it's fully memorable, kind of the j—lo that everybody remembers from years ago, just completely exploding onto the screen. hustlers is not a great movie. it is a very fun movie, and the reason it is fun is because ofjennifer lopez. she plays a stripper with a heart of gold. she really owns the movie in the way that you want a great actor to own a movie. she makes it thrilling. i think zhao shuzhen in the farewell stands a good chance. she's pretty wonderful. i would love to see her in the mix. obviously this would be a great year to see jennifer lopez in hustlers get in there. i think a lot of