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Economy. Thats certainly what the market believes. Theres no other way to explain this. Look, weve had sub par 3 gdp for ten straight years, a record for the united states. And the only thing that changed, weve had more of the same under mrs. Clinton if she was elected president and brought in her cabinet was donald trump started introducing a business Friendly Administration and business friendly cabinet, at least perceived that way by wall street. And theres historical precedence for this. Calv coolidge came in, took government out in the 1920s, thats what created the boom. Ronald reagan did...

One china policy should be tied to trade. Prices, this Historic Deal to cut output. Oil jumping over 4 . Jumping to the highest since july 2015. Saudi arabia signaling it is ready to cut output more than agreed, while a nonopec countries including russia agreeing to pump less. Sophie we will have more about that deal in a bit, 30 minutes away from the open in china and hong kong. Singapore, taiwan, and malaysia coming online. What is going on in the oil patch . Game inhere is only one town, and it is demolishing every other safe haven. Gold retreating, bonds falling, all on the account of rene...

Time wont be granted to raise cash. Minister is tasked with forming a new government. U. S. President elect donald is sticking by the one china policy should come with the united ts for states. He points the finger at beijings currency and taxation policy. In n trial, i. M. S. Head is court on charges of negligence rom when she was frances finance minister. Were outside the court ahead of the event. Welcome to bloomberg day break europe our flagship morning show. Im anna edwards. Netflix ng bad, the series, this is what happens with oil. The question for the market is is the oil price, the yie...

Selection of secretary of state. Reportedly, president elect donald trump is close to selecting his secretary of state and the name comes from big oil. Andtillerson, the chairman ceo of exxon mobil is a worldclass dealmaker, stay tuned, according to donald trump. Alreadyators are expressing reservations because of his close ties to Vladimir Putin. Putin is a thug and murderer and anyone else who describes him as anything else is lying. We cannot have an accommodation with the russians until they understand what Ronald Reagan taught them and that is peace through strength. Right now, we have no...

To go around. Crisis, crisis, ladies and gentlemen, thats giving everyone a giant hangover. Well explain as power lunch begins now. Welcome to power lunch. The dow moving lower again today. Take a look. The Dow Jones Industrial arch now, its lower by 34 points and we were roughly 95 points away from the dow 20,000 level. There are still some notable standouts in the broader market. Nvidia, microsoft hitting record highs, melissa. Heres what else is happening at the hour. Freddie mac says the average rate is 4. 3 . Boeing says it delivered its 500 dream liner jet and a major winter storm is clo...