comcast business. powering possibilities. ♪. elizabeth: joining us now former chairman of the white house council of economic advisors. we're happy to have back on the show kevin has it. he is a great writer too. kevin, we have tens of thousands of people protesting against the vaccine mandates in washington this weekend. evidence is mounting, kevin, we just lived through history. the u.s. just went through an historic moment, the pandemic. the lockdowns, a major failure. destroyed 22 million jobs. hundreds of thousands of small businesses wiped out and hit hard. national academy of sciences says no detectable benefit at all from the lockdowns. now people are in poverty. this is probably one of the worst ideas ever to hit this country. one of the dumbest, most arrogant top down things we've ever seen. what do you say, kevin? >> i agree. you know at the beginning there was so much uncertainty so i can understand taking a pause for a week or two but as you might recall, president trump, after i had left the white house brought me

comcast business. powering possibilities. >> welcome back to bloomberg technology. i am emily chang in san francisco. get back to earnings. a disappointing forecast for profit. filling concerns about the turnaround plan will weigh heavily on the chipmaker financial performance. bloomberg intelligence joining us now. what are the big takeaways? >> the topline print was better than consensus but i think investors are looking at the long-term plan and then looking at the industry dynamics. when you look at the semiconductor demand, this is probably the best demand environment for semiconductors. you see them talking about 20 to 25% growth. that makes you wonder. there are a lot of? surround the turnaround and how long it will take to drive that topline growth even though the demand -- this is the best set up for a semiconductor company. >> the big question is if the spending spree will pay off. >> one aspect of it is intel specializes in architecture. the trend is moving toward arms here. you see that on

comcast business. powering possibilities. >>> home prices were already expensive, even when mortgage rates were at record lows. now, with interest rates rising, could this have a chilling effect on the housing market and prices let's bring in diana olick for the latest numbers on those rates. hi, di. >> hey, ty yeah, we've seen a remarkable move higher, especially -- the average on the 30-year fix hit 3.4%, and 3.29% just last monday we haven't seen it this high since the part of the pandemic in 2020. rates then spiked for a few weeks and hit more than a dozen record lows. the past year rates bumped up a bit in the spring as the economy reopened, but then fell back again to the record lows in the fall now rates are spiking, because the fed said it will off-load mortgage-backed bonds than expected it's costing $125 more on the mood anypriced home. higher rates continue to pressure the big builter stocks. rbc put out a note this morning saying overall we expect the group to be held hostage and the loomin

comcast business. powering possibilities. every day in business brings something new. so get the flexibility of the new mobile service designed for your small business. introducing comcast business mobile. you get the most reliable network with nationwide 5g included. and you can get unlimited data for just $30 per line per month when you get four lines or mix and match data options. available now for comcast business internet customers with no line-activation fees or term contract required. see if you can save by switching today. comcast business. powering possibilities. announcer: from the heart of where innovation, punny -- money and power combined, this is bloomberg technology with emily chang. ♪ emily: this is bloomberg technology. coming up, what goes down comes back up. storm back from a 4% plunge from a closing higher on the day. we will tell you how tech is making out. that coin

comcast business. powering possibilities.™ as a business owner, your bottom line is always top of mind. so start saving by switching to the mobile service designed for small business: comcast business mobile. flexible data plans mean you can get unlimited data or pay by the gig. all on the most reliable nationwide network. with no line activation fees or term contracts... saving you up to $500 a year. and it's only available to comcast business internet customers. so boost your bottom line by switching today. comcast business. powering possibilities.™ maria: welcome back. we are back with peter schweizer, author of the new book, "red-handed," president of government accountability institute. we're talking about the conflicts joe biden and his family have with china. this is not just a legality question, this is an issue of national security. you have reported that the biden family accepted $31 million. do you believe this is treason given the fact that the ccp is an adversary of america? >> well, l

and it's only available to comcast business internet customers. so boost your bottom line by switching today. comcast business. powering possibilities.™ >>> welcome back to the program. european equity markets on the mend the stoxx 600 suffering the worse week ever last week. it is up 1.1%. european stocks fared worse than u.s. last week perhaps because of the tension at the ukraine border and u.s. markets rallied hard after the close on friday turning to the regional split. this is what the index is doing. green an across the board. lagging performance with the ftse 100 that is up .30%. for the month of january, uk market out performed the only one of the majors in green territory and positive territory for the month of january. the dax is up 1.5% along with with the italian market. ftse mib that up 1.1% green across the board turning to the sectors every sector higher except travel we have ryan air stock in focus in the travel sector on the upside, technology getting a bit this morning up 3%. financial services and telecom on the down side bas

comcast business. powering possibilities.™ as a business owner, your bottom line is always top of mind. so start saving by switching to the mobile service designed for small business: comcast business mobile. flexible data plans mean you can get unlimited data or pay by the gig. all on the most reliable nationwide network. with no line activation fees or term contracts... saving you up to $500 a year. and it's only available to comcast business internet customers. so boost your bottom line by switching today. comcast business. powering possibilities.™ ♪. charles: all right, so it has been a brutal month for cathie wood who is feeling the hate that comes with celebrity, shown as shatefraud believers poured $168 million into her flagship arc fund last week. some call it a loyalty test. i think some folks think it is now to buy the stocks of the future on deep discounts. my next guest has a suite of etfs that give investors exposure to the future world, nfts, quantum computing, just to name a few. w

comcast supports c-span as a public service, along with these other television providers. giving you a front row seat to democracy.

comcast business. powering possibilities.™ as a business owner, your bottom line is always top of mind. so start saving by switching to the mobile service designed for small business: comcast business mobile. flexible data plans mean you can get unlimited data or pay by the gig. all on the most reliable nationwide network. with no line activation fees or term contracts... saving you up to $500 a year. and it's only available to comcast business internet customers. so boost your bottom line by switching today. comcast business. powering possibilities.™ spirit welcome back. we are coming to from the border of mexico and texas. we are taught with the governor of texas, he explained to us why he needed to fund his own border wall. that wall behind us is the new wall funded by texas. here is the governor in his own words. >> the problem has grown only worse by the number of people coming across the border has continued to increase. along those lines is just astonishing that we have a president who is fa

and it's only available to comcast business internet customers. so boost your bottom line by switching today. comcast business: powering possibilities. >>> a record 1,100 manatees died in florida last year, double from the year before in the first week of this year, they've already recorded seven manatee deaths manatees aren't dying of only natural causes many are starving. sea grass is dying off, mostly because of pollution and changes in ocean climate now, conservationists are trying new methods to help save the manatees, and hoping 2022 can bring brighter days for sea cows. >> reporter: manatees, the gentle giants with no predators, in an unprecedented fight to survive. in the last 12 months, a record number of manatees have died most from starvation >> they're down 800 to 900 pounds they're skeletons. >> reporter: orlando sea world had 36 patients and was at capacity but over the weekend, with the help of dhl, teams flew four manatee calves to columbus they needed to make room at sea world's hospitals, because increasingly, more and more of th

comcast business. powering possibilities.™ >>> welcome back to "worldwide exchange." nasdaq is trying to avoid a fifth down week in a row for what would be the longest losing streak since 2012. ahead of opening bell, you see the russell 2000 is more than 20% below its recent 52-week high the nasdaq and dow transportation off more than 15% from the all-time highs. the s&p 500 off more than 10% from its record high the dow is off 7%. relative out performer every u.s. index is trading below the 200-day moving average. let's talk about this with sven henrich. sven, this is interesting because we have been talking about the notion that the market was due for a pullback is this as bad as it gets or could it get worse >> hi, dominic good to be with you. let's be clear, last year the fed was under pressure with the sy stimulus they kept on transitory. we had the blow off. the technicals were deteriorating although the s&p made the new all-time high in january. what we are seeing is a technical break on every

comcast business. powering possibilities. , and in many cases, one particular type of dog seems to be the target. a woman in oakland just went through what could be described as a possible dognapping, but it's ktvu is greg liggins tells us the ordeal that had a terrible beginning ended well. french bulldogs, jimmy and herman are back in the arms of their owner after being stolen. jimmy is a little cream puff up £20 kind of looks like a girl and he's super cute. very friendly. and herman is £30. he's the blue brindle, and he's kind of like a tank, lynn mcinnis is describing her to stolen french bulldogs sunday, she and a couple friends went around oakland's lake merritt posting flyers of her pilfered pets. she says. it's a place where pet transactions often take place. after morning hike saturday, she stopped at the lincoln square shopping center on redwood road in oakland at about nine a.m. and left her dogs in the car. she says she parked in this lot and went inside the cvs store for about five minu

comcast business. powering possibilities.™ as a business owner, your bottom line is always top of mind. so start saving by switching to the mobile service designed for small business: comcast business mobile. flexible data plans mean you can get unlimited data or pay by the gig. all on the most reliable nationwide network. with no line activation fees or term contracts... saving you up to $500 a year. and it's only available to comcast business internet customers. so boost your bottom line by switching today. comcast business. powering possibilities.™ craig: you're watching america's weather we can will shot and should start off with wildwood new jersey, 23 degrees and went gusting up to 31 miles per hour, visibility half a mile, the snow coming down in the waves also crashing up against the shore up and down the eastern seaboard snowfall totals have been impressive so far, we are not done just yet as the system moves to the north and a strong system some of the snowfall totals for new jersey forge

comcast business. powering possibilities.™ as a business owner, your bottom line is always top of mind. so start saving by switching to the mobile service designed for small business: comcast business mobile. flexible data plans mean you can get unlimited data or pay by the gig. all on the most reliable nationwide network. with no line activation fees or term contracts... saving you up to $500 a year. and it's only available to comcast business internet customers. so boost your bottom line by switching today. comcast business. powering possibilities.™ as a business owner, your bottom line is always top of mind. so start saving by switching to the mobile service designed for small business: comcast business mobile. flexible data plans mean you can get unlimited data or pay by the gig. all on the most reliable nationwide network. with no line activation fees or term contracts... saving you up to $500 a year. and it's only available to comcast business internet customers. so boost your bottom line by

comcast business. powering possibilities. >> in the new year, stock selloff finally slowing down here to guide you through all the volatility and some of their best ideas right now the 5g flight fight on pause phone companies take a break in their rollout as airlines warn your safety may be at risk >> one incredible stat around california as far as we know has never happened before. coming up wednesday, january 19. this is "worldwide exchange. welcome. thank you for joining us now with your stocks futures are in the green we are seeing slight gains in the market we are up one tenth of 1%. many of the major averages, the dow fell to 1.5% its worst day. down at home tech and nasdaq even worse the nasdaq composite below the average. the first time that happened since the first time the pandemic hit in 2020 rates are rising 10-year yields are picking up. meaning mortgage rates will continue to rise as well i thought about making the rbi but i didn't a new survey. their appetite for risk assets and stocks s

comcast business. powering possibilities. ♪ ♪ ♪ ♪ ♪ ♪ with chase security features, guidance and convenience, banking feels good. chase. make more of what's yours. >>> san francisco's castro theater is about to get a major makeover. a look at the icon isn't expected to change much. the offerings will. >> the berkeley-based another planet has secured a contract to convert it to a live event venue featuring music and comedy performances. >> current film festivals are still a go. some patrons see it as a sign that the curtain is closing on the repertory cinema that made it famous. a lot of history there. >>> thank you for watching. the news continue streaming on cbsn bay area. announcer: it's time to play "family feud"! give it up for steve harvey! [captioning made possible by fremantle media] steve: hey, everybody. welcome to the show, folks. thank y'all. how y'all? all right, everybody. i appreciate it. all right now. thank y'all. well, welcome to "family feud," everybody. i'm your man steve

comcast business. powering possibilities. >>> the next time you buy a new car what option you may not have to commit to is the color. >> the concept bmw just unveiled nothing to change it with a tap. it uses the same ee technology announcer: it's time to play "family feud"! give it up for steve harvey! [captioning made possible by fremantle media] [cheering and applause] steve: come on, now. [cheering and applause] i appreciate that. thank you, everybody. thank you, folks. i do. i appreciate it. well, welcome to "family feud," everybody. i'm your man steve harvey. [cheering and applause] got a good one for you today. returning for their second day, with a total of $20,000, from douglasville, georgia, it's the champs, it's the wizner family. wizners: whoo! steve: and from st. louis, missouri, home of cedric the entertainer, it's the bell family. [cheering and applause] everybody's here trying to win theirself a lot of cash and somebody might have a shot

comcast business. powering possibilities. yep, it's go time with wireless on the most reliable network. ok, that jump was crazy! but what's crazier? you get unlimited for just 30 bucks. nice! but mine has 5g included. wait! 5g included? yup, even these guys get it. nice ride, by the way. and the icing on the cake? saving up to 400 bucks? exactly. wait, shouldn't you be navigating? xfinity mobile. it's wireless that does it all and saves a lot. like a lot, a lot. >>> you are watching tesla shares the earnings and revenue beat estimates. we have phil lebeau with us. >> joe, i think investors will come away seeing great numbers what do you have in 2022 it is focusing on more cash what they have. we will not go over the numbers. the focus for 2022 are a couple of things people caught on the call when elon musk got on we supply chain limited with capacity under utilized that is the case in 2022 the focus on driving efficiency and greater profitability with what they are making there are no new model annou a

comcast business. powering possibilities. u.s. military preparing for war here in the united states. upcoming u.s. army exercised known as robin sage, sounds like a porn star. troops stationed in 25 counties in north carolina, reportedly confirming warfare tactics to combat potential homegrown price and potentially overthrow an illegitimate government or if the exercise comes days after the d.o.j. announced they are establishing a new domestic terrorism unit to handle the elevated threat from violent extremists in this country. as a picnic on preparing for future insurrection or are tinfoil hats on twitter at it again? here to discuss former cia director and chairman, group chairman and ceo, mike baker baker. this seems we are, what is going on? is this normal? [laughter] >> no but is anything normal right now? every time i think we've hit peak stupidity, we can lower the bar even further. this is what happens. it's not one group on the political spectrum, all sides and points on the political spectrum are guilds taking unrel

comcast business. powering possibilities.™ manus: good morning from our middle east headquarters in dubai. these are the stories to set the agenda. rate hike bets ripple. treasuries resume the decline but stocks get a boost from earnings. consumer windfall for apple. lvmh blows through estimates. supply chain concerns hang there , but they push record sales. plus biden's warning. the president tells his ukrainian counterpart that russia could invade next month. emmanuel macron and vladimir putin speak today. let's bring you a little bit of breaking news on the french gdp side. there we go. french gdp for this quarter blows through estimates. it expands to 0.7% on the quarter. year on year that takes you to 5.4%. the u.s. had an amazing performance yesterday on their gdp up by 6.5%. the french come in at 5.4%. this is a strong boost for micron. consumer spending investments, europe's second-biggest economy power the gdp boost. you are looking at pretty much a good reading. you have supply bottlenecks

and it's only available to comcast business internet customers. so boost your bottom line by switching today. comcast business. powering possibilities.™ new year, new start. and now comcast business is making it easy to get going with the ready. set. save. sale. get started with fast and reliable internet and voice for $64.99 a month with a 2-year price guarantee. it's easy... with flexible installation and backing from an expert team, 24/7. and for even more value, ask how to get up to a $500 prepaid card. get a great deal for your business with the ready. set. save. sale today. comcast business. powering possibilities. >>> welcome back to "fast money. another busy week of earnings on deck tons of autos and pharma name, but what are traders watching? let's go around the horn tim, why don't you kick us off >> to me it's ups. it's the economic bellwether stock. it gives you great insight into not only supply chain and some of the bottlenecks out there in the economy, but obviously shipping costs, labor costs. how bad are they certainly ups would

comcast business. powering possibilities. every day in business brings something new. so get the flexibility of the new mobile service designed for your small business. introducing comcast business mobile. you get the most reliable network with nationwide 5g included. and you can get unlimited data for just $30 per line per month when you get four lines or mix and match data options. available now for comcast business internet customers with no line-activation fees or term contract required. see if you can save by switching today. comcast business. powering possibilities. if you think you have dupuytren's contracture, there's a simple test you can take—from anywhere. try to lay your hand flat against a surface. if you can't, you may have dupuytren's contracture. talk to a hand specialist about your options, including nonsurgical treatments. ♪. jackie: the dow is down more than 1000 points right now and it hasn't fallen more than 1000 since june 11th of 2020. we're seeing investors hit the sell button today. meantime this

comcast business. powering possibilities. maria: welcome back. retail struggles, the national retail federation showing returns have jumped 16.6% in 2021, this adds up to more than $761 billion worth of merchandise going right back on the shelves. joining me rights now strategic resource group managing director, burt flickinger. great to see you as always, in 2020 there was 10.6% returns. why the jump and is this something you find troubling? it. >> is troubling, maria. because to your point, you go to 16.6% this year versus the 10.6 you referenced, the cost of every return is $33 on $50 item, the profit on $50 item is only $1. so the retailers are losing a fortune so that means higher prices and lower standards of living for consumers and that, with the mcdonald's news today, is a harbinger of recession coming more quickly around the corner. maria: so supermarkets are reporting a shift in shopping trends, consumers buying more in bulk, more store brands as prices rise. do you think we're buying more in bulk because we're worried it's not going t

comcast business. powering possibilities. >>> today on velshi, we begin a new year as we began the last. on the wrong side of the covid spike. is this one different? the latest science on omicron and what you need to know as we enter a third year of the pandemic. >>> we'll touchdown in colorado where emergency responders are deployed against wildfires that swept through boulder county on the winds up to 110 miles an hour. >>> the clock is running out on donald trump's last desperate attempt to hide the paper trail showing what he was doing and who he was talking to in the hours before the capitol insurrection. this as the january 6th committee teases plans for the new year. the latest on how congressional investigators are working at speed to get a hold of the twice impeached ex-president's documents and what is revealed in the series of public hearings they are promising to roll out in the coming weeks. >>> the legacy of the roberts' courts and the effective end of protections for abortion rights. why

comcast business. powering possibilities. sandhya: rain time i'm coming up. dan: uc berkeley still has plans to return in person. some students are concerned about that. pfizer boosters have been authorized for 12 to 15-year-olds. at a time when some children's hospitals are dealing with a record amount of covid cases. details in my story. behind an account critical to understanding the on house prices. advocates way in -- weigh in on another delay. >> building a better bay area, moving forward, finding solutions, this is abc 7 news. dan: uc berkeley students studes tonight asking campus administrators to take action and postpone the return to in person classes. students are due back in less than two weeks as omicron cases rise. ama: all other uc campuses with undergrads have announced plans to start the spring semester virtually. dan: abc 7 news reported was in berkeley tonight and has the story. reporter: uc berkeley students are scheduled to return to class in just under two weeks. as the omicron variant spreads, some students think it is not smart to be i

comcast business. powering possibilities. and there you have it. woah. wireless on the most reliable network nationwide. wow. big deal. we get unlimited for just 30 bucks. sweet, but mine has 5g included. relax people. my wireless is crushing it. that's because you all have xfinity mobile with your internet. it's wireless so good, it keeps one-upping itself. take the savings challenge at xfinitymobile.com/mysavings or visit an xfinity store to learn how our switch squad makes it easy to switch and save hundreds. mark: i'm mark crumpton with bloomberg first word news. pfizer says the u.s. government has agreed to buy an additional 10 million courses of its covid-19 pill, on top of the 10 million doses the drug the u.s. had previously agreed to purchase. pfizer's covid bill was cleared for emergency use of the food and drug administration last month. it's been shown in clinical trial to sharply reduce hospitalizations and deaths from covid-19. turkish president erdogan has a stern warning for any turkish citizen preparing to pr

comcast business. powering possibilities. and there you have it. woah. wireless on the most reliable network nationwide. wow. big deal. we get unlimited for just 30 bucks. sweet, but mine has 5g included. relax people. my wireless is crushing it. that's because you all have xfinity mobile with your internet. it's wireless so good, it keeps one-upping itself. take the savings challenge at xfinitymobile.com/mysavings or visit an xfinity store to learn how our switch squad makes it easy to switch and save hundreds. francine: welcome back to the european open. we are 30 minutes into the european trading day and here are your top stories. biden's warning, he expects russia to move in on ukraine. nasdaq crunch, the tech heavy index closes down 10% from its peak. european stocks in u.s. futures game. -- and u.s. futures gain. boris johnson holds on as party loyalists close ranks. i just said that equity stocks were supported, but i think we are seeing a little bit of a reversal. they are down now zero .3%. to

comcast business. powering possibilities. ♪ dani: good morning from bloomberg's european headquarters. i'm dani burger with manus cranny. this is bloomberg daybreak europe. here's what you need to know. that day. jay powell almost certainly signaling a march hike. how big? raising the stakes. president biden weighing sanctions against vladimir putin if russia invades ukraine. germany six an exemption for energy. big tack clause back losses. a rebound. everyone sitting around waiting for the fed but the set up for the fed decision in these markets is fascinating. you have a move to neutral and bond markets. jp market positioning equities. deutsche bank pointing out that we are underweight on equity market positioning since november 2020. manus: the shorts ran for the hills as far as jp morgan was concerned. there was a cleansing of the short as they put it. as i put it to you, the primary deal is gorged on bonds. they couldn't get enough. that says to me that the bond market is more fearful of recessi

comcast business. powering possibilities. emily: let's get back to earnings. a disappointing forecast for profit. fueling concerns about the turnaround plan will weigh heavily on the chipmaker financial performance. bloomberg intelligence joining us now. what are your big takeaways here? >> the top line print was better than consensus but i think with intel, investors are looking at the long-term plan and looking at the industry dynamics. when you look at the semi conductor demand, we are in probably the best amid environment for semiconductors he see tsmc till he about 20 to 25% growth. that makes you wonder with intel talking about 1% growth in one q and they did not give a full year guidance. a lot of question marks around the turn and how long it will take intel to drive the topline growth even though done -- this is the best set up for a semi conductor company. emily: is it going to payoff? >> one aspect of that is intel specializes in architecture. the trend is moving toward arm. even the hyper scale cloud vendors are pivoting to arm. that is the key que

comcast business. powering possibilities. every day in business brings something new. so get the flexibility of the new mobile service designed for your small business. introducing comcast business mobile. you get the most reliable network with nationwide 5g included. and you can get unlimited data for just $30 per line per month when you get four lines or mix and match data options. available now for comcast business internet customers with no line-activation fees or term contract required. see if you can save by switching today. comcast business. powering possibilities. jonathan: is fed decision day and we have a bounce back. alongside tom keene and lisa abramowicz, i'm jonathan ferro. higher on the nasdaq by 334, up 2.4%. the s&p come up 1.6%. yields up one basis point to 1.70 7062 -- 1.7762. on the year we are down hard, on the session we have a bounce. tom: as we go to this wednesday fed meeting -- join us this afternoon, great lineup -- it is more enthusiasm to get to the message to see what jerome powell says. we get informed by a gentleman from the richmond fed

comcast business. powering possibilities. djokovic has a message for people gathering outside his immigration hotel for a third straight day in an instagram post. it's no longer on the social media side, he said. he feels the support and it's quote greatly appreciated. an international incident has erupted in australia because that top tennis player in the world has been denied entry into the country because he's on a vaccinated. yes, foxes kitty logan explains. he's hoping to play in the australian open and not get deported. novak djokovic tested positive for covid last december, which was why he was given a medical exemption to the usual requirement to be fully vaccinated when entering australia. djokovic's team argue he did have a valid visa and all the right documents to enter australia. but the government revoked that visa and isn't letting him budge from this immigration hotel. his team believe he should still be allowed into play because his recent covid case allows him not to be vaccinated, but to add to the confusion

comcast business. powering possibilities. >> on that front he has to >> on that front he has to . >> her name was isabella. she was only five months pregnant but her water broke. something was wrong. that is not when your water is supposed to break. she was told her fetus lambed ambiotic fluids and was told her pregnancy was not viable and the baby was not go to survive. that is wn she texted her mother saying they gave me an iv drip because i was shivering from fever. the baby weighs 485 grams. for now thanks to the abortion law i have to lay down and they can't do anything. i hope i do not have septicamea. she did suffer septic shock and died. you heard she mentioned thanks to the abortion law, the near total ban on abortion that went into effect in poland earlier this year where isabella lived in poland. in poland now it is against the law to terminate a pregnancy at any stage of the pregnancy because of a fetal abnormality. even though they were sure the fetus would not survive the doctors said she

comcast business. powering possibilities.™ ukraine is not a member of nato. the north aquatic treaty organization, which is a sprawling mutual defense alliance between north america and europe, founded after world war ii, to counter the soviet union. vladimir putin wants to keep it that way. one reason why, here is when data looked like before the fall of the soviet union. notice the space between the nato countries in the west, all those in yellow, and russia, or the ussr, as it was in the east. there's a whole lot of countries in between. here is what nato looks like, today. most of the countries that were in the middle, the former pro-russian warsaw pact countries, are now western facing democratic native allies. if ukraine isn't in nato, with nato's role in the current crisis? for more on that, we turn to retired u.s. native -- and former nato supreme allied commander, james seyfried's. admiral, it's good to see you. thank you for being with us. for those in our audience who don't have their nato pact with them, their h

comcast business. powering possibilities. jonathan: new lows on the nasdaq 100. down 1.46% on the nasdaq. on the s&p down almost 1%. last week was rough, it gets uglier again. more weight off the nasdaq. the bond market yields are lowered to 172.27. the commodity market, crude is lower. this quote from morgan stanley's mike wilson over the weekend into a new trading week. "the end of secular stagnation and financial regression has arrived but it will not be a smooth ride. in the near term hunkering down for a few more months of winter as slowing growth overtakes the fed as the primary concern." two used to make a market. there is one. tom: winter is here as well and a lot of people arguing about this kind of slow down versus how we came out of world war ii, how we come out of the pandemic. a lot of big new thinking going on. the vix, 32.03. just one market indicator. when in doubt parachute in an optimist. there are number of optimists, and no other optimist as optimistic as neil dutta. the pessimists have gone after him throughout this pandemic. you need a theor

comcast business. powering possibilities. every day in business brings something new. so get the flexibility of the new mobile service designed for your small business. introducing comcast business mobile. you get the most reliable network with nationwide 5g included. and you can get unlimited data for just $30 per line per month when you get four lines or mix and match data options. available now for comcast business internet customers with no line-activation fees or term contract required. see if you can save by switching today. comcast business. powering possibilities. dani: good morning from bloomberg's european headquarters, it has just gone 6:30 a.m. in london, i am dani burger alongside manus cranny who is in dubai. markets whipsaw. asian stocks sink after the s&p 500 stages its biggest turnaround since 2008. credit suisse warning, they say fourth-quarter profits will be hurt by about 500 million francs of litigation provision. eastern europe on edge. the u.s. puts thousands of troops on alert amid diplomatic efforts i

comcast business. powering possibilities. (swords clashing) -had enough? -no... arthritis. here. aspercreme arthritis. full prescription-strength? reduces inflammation? thank the gods. don't thank them too soon. kick pain in the aspercreme. 's in a new survey, 50% of voters agree the media are the enemy of the people and even more agree to is the enema of the people. that's about right. i hope that was droll. it might have been. [laughter] the political food fight and this is a topical storm. are you tired of not wearing a computer on your face? now there's an unbearable wearable just for you. this is face fit, a monitoring device for mass a sense is when your mask is embedding well and time to swap it out for the new one. if you enjoyed even one breath of fresh air after buying this, he will be entitled to a full refund. you can even share the data collected from other people to compare how many hours you flopped wearing masks whereas liberals colic, friendship. i'm waiting for pro model that says electric shocks to your tongue and the mask will blow your nose. you never have to

comcast business. powering possibilities. haslinda: happy hump day. this is "bloomberg markets: asia." here are the top stories. the fed decision, investors weight clues on the size and pace of tapering. stocks and futures are study. imf officials cut their global growth forecast, a weaker outlook for the u.s. and china are key problems. chinese stocks on the cusp of a bear market, after the war selloff in five months. state media -- worst selloff in five-month spirits state media's is not overacted. -- state media says to not overreact. fed fund futures pointing to four increases, but will it be march, 50 basis points? perhaps not. some say that could be too optimistic. take a look at where we are asian benchmarks. singapore up. we are tracking the yuan, currently flat at that level. the strength bringing some stability to asian currencies and commodities. wti lower, but remaining elevated at $85 a barrel. brent crude $7.89 -- $87.89. let's talk about the fed and get a preview from our policy editor kathleen hays. some calling for a more aggressive f

comcast business. powering possibilities. state promoting his latest budget budget proposal, our political reporter greg lee, sat down with the governor to discuss that budget and the state's covid plans as well as a lot of other pressing issues, and he's in our newsroom. now, greg cristina. good evening to you. the purpose of governor newsom stop in the bay area was to talk about his proposed investments in clean energy and transit and rail. this is the state braces for the peak of the omicron search. he addressed these topics and explained why the state is ready to pivot to a new covid plan soon. we have to get through the next few weeks. the next few weeks, just level set are challenging. governor gavin newsom says he knows people are exhausted by the ongoing pandemic as omicron cases peak. he hopes this is the last big surge and the state can shift its plan from penned emmick to endemic. my hope is when we turn the page. that we can then start to lay out a vision for a future where we can start to

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comcast business. powering possibilities. jonathan: live from new york city on tv and radio with tom keene and lisa abramowicz, i'm jonathan ferro. it is yesterday all over again. down 350 on the nasdaq 100. down 3.4%. the s&p 500 down 1.8%. a bid into the long end of the treasury curve. on 10, 1.7583. crude with a little left, up .2%. in the fx market, the dollar is stronger against everything in g10. euro-dollar -.5% to 1.1276. tom: for global wall street i would watch the persistent dollar. the 210 spread is at four basis points. not where it was yesterday and the tumult. the schedule has changed. a fed meeting tomorrow. you want to know what glenn hubbard says of columbia university. in the meantime we have to separate not just a book but an important book -- we have to celebrate an important book. i will do the book with glenn hubbard before jonathan and lisa grill him on the present moment and what he would do as the chair of the fed. congratulations on a blunt title, the wall in the bridge. you minced no words. as a re

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comcast is partnering with thousand committee centers. >> comcast supports c-span, as a public service, along with these other server -- providers. >> washington, unfiltered, c-span in your pocket. download c-span now, today. >> now, washington state democratic governor jay inslee delivered the 2022 state of the state address from olympia. he praised the state's response to the covid-19 pandemic and also spoke about challenges posed by climate change, homelessness, and aging infrastructure. this is just over 20 minutes. >> good afternoon. we know that every day of the session will be an opportunity to make good on our commitments. to change the course of our future for the better. >> i would like to start today by thinking our health care workers, for all they have done for the last two years. i want to think those who administered emergency services, cap the roads going to keep washington moving. we are all grateful. a special thank you to the health care workers. those who have worked tirelessly for two years with little time for rest. you are our heroes. we are grateful for your ser

comcast business. powering possibilities. and there you have it. woah. wireless on the most reliable network nationwide. wow. big deal. we get unlimited for just 30 bucks. sweet, but mine has 5g included. relax people. my wireless is crushing it. that's because you all have xfinity mobile with your internet. it's wireless so good, it keeps one-upping itself. take the savings challenge at xfinitymobile.com/mysavings or visit an xfinity store to learn how our switch squad makes it easy to switch and save hundreds. i love that song and that video. welcome back. doctor fauci paid a price for lying about the origins of covid-19? certainly not with democrats in charge but in ohio republican congressman jim jordan promised if the gop flips out in the midterm, they will investigate what fauci you and whether he hid it from american people. watch. >> fifty markham people put us in charge, fair definitely going to do this because we now know without a doubt doctor fauci new january 31 and february 1 at this came from a lab. top scienti

comcast business. powering possibilities. dani: good morning from bloomberg's european headquarters, it has just gone 6:30 in london. i am dani burger alongside manus cranny in dubai. this is "bloomberg daybreak: europe." fears of escalation -- of the u.s. orders family members to leave the embassy in ukraine as tensions with russia intensify. tightening risk, oldman thinks the fomc will be more aggressive than expected. u.s. futures advance. plus, the crypto crunch continues. bitcoin renews its decline, dropping 50% from its peak. it has been kind of ugly out there. maybe you go with a vanilla correction, but what are the chances it goes from a vanilla correction into something more pernicious? we saw at least some signs that attitudes are overstretched. i'm looking at options specifically. on friday, puts in the u.s. stock market with the highest volume ever with 32 million contracts traded. typically this is a contrary and sign we could get a move higher and markets, but who knows if that's the way it will play out this ti

comcast business. powering possibilities.™ brian: we have been telling you about the escalating tensions along the russian-ukrainian border. what is the history of the conflict and friendship between these two nations. here is a quick history lesson. rich soil and defensive barrier. the historic conflict dates back to the 9th century when scan today naivian vikings moved their capital to ukraine. russia was overrun in the tenthth century. and russia didn't have a leg to stand on. it us not defensible. flash flood. 18th century, peter the great expanding the russian empire by taking ukraine again. now they could defend themselves against attacks from the ball particular sea. particularl -- from the baltic sea. then came russian revolution and the ukrainian people's republic was declared and ukraine got its independence. flash forward to world war ii. fighting with the red army, the ukrainians about helped beat back indiana yet is. how were they rewarded? the soviet union swallowed up the entire nation

comcast business. powering possibilities. mark: welcome to the bnn bloomberg tv audience. i'm mark crumpton with bloomberg first word news. pfizer is beginning the study of a covid-19 vaccine that specifically targets the omicron variant. the drug partner and its -- company and its partner biontech says it will look into it. earlier this month, the pfizer ceo said the companies were developing a hybrid vaccine that would combine its original shot within omicron fighting formulation .global news 24 the european union is aiming to make travel within the block easier. it's adopting a new system of covid related travel rules based more on a person's vaccination status than on where they are coming from. travelers with a valid digital certificate would not be subject to additional restrictions. exceptions will still be allowed for travelers from high risk zones. the head of the world health organization is moving closer to serving a second term after securing the groups nomination. he has taken center stage since the coronavirus first emerged last year. he repeatedly lashed out

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including comcast. >> are you building a community center? >> no, it is more than that. >> comcast is partnering with one thousand community centers to create wi-fi enabled lift zones so students from low income families can be ready for anything. >> comcast supports c-span as a public service along with these other television providers. giving you a front-row seat to democracy. >> the national action network this morning held its annual martin luther king day right fist. speakers included the rev. al sharpton, martin luther king the third, joyce beatty, and treasury secretary janet yellen. [applause] >ounder and president of the national action network