Lows. Stoxx 600 down by 0. 3 percent. The pound is getting a battering. Increasingly, noise out of the bank of englands adjusting we are heading for a rate cut toward the end of this month. Pound suffering as well on gdp data today. German tenyear, we are up by four basis points. We are trading 16. Chinese vice premier liu he is set to arrive today before an expected signing of a phase i trade deal with the United States on wednesday. For more, we are joined by kristina hooper, invesco chief Global Market strategist. Essentially, it is a very tiny deal, and we are not even sure if everything will be followed up upon. Correct, but ais lot of this has to do with psychology. Even though not a lot is tackled in this deal, it should provide a very nice psychological boost markets and to Business Leaders who, keep in mind, have really been reluctant to spend because Economic Policy uncertainty has been so high. Vonnie do you really think that after all this time and all of the wrangling back and forth, and then we finally get a number on grain purchases or what have you, that that will actually make Corporate America start spending again . Kristina i think it certainly should help. Keep in mind, we have some other headwinds coming our way. Of course, the u. S. Iran conflict has injected a little bit of uncertainty into the picture, but on balance, companies will feel better and are likely to spend more in an environment where there is more certainty. Of course, one big risk is the u. S. Seals the phase one trade deal with china and then turns its attention towards europe so we actually have a continuation and arguably just a proliferation in tariffs. Drag willuch of a tariffs remain on the u. S. Economy . According to the peterson institute, the average levy on chinese imports into the United States will be 19. 3 , six times higher than where the trade war started back in 2018. Kristina you brought up a very good point, which is this problem doesnt go away overnight. The situation actually deescalates with the phase one trade deal signing, but does not eradicate so many of the tariffs put in place, so it will be a drag on the u. S. Economy. Of course, so much depends on what happens next. Makee u. S. And china can some progress in talks, i dont expect a phase two trade deal, but if they make progress, we could see a row back in tariffs. Guy why do you not expect a phase two trade deal . At all, ever . Do you think that is not going to happen . Iy i take a page kristina take a page from the procrastinator playbook. We start with the easiest tasks, check them off first, and then leave the harder tasks for later. I think this is what has happened with the phase one trade deal. So much of what are the easy issues to cover have been tackled in this trade deal. The more difficult, thornier issues are left for the phase two and later phases of the trade deal, so i expect it is going to be a lot harder to come to some kind of consensus with them. But as long as there is some progress in talks, the u. S. Might rollback more tariffs, and that is really the positive we can all hope for. Vonnie between that and earnings season starting up, it must be quite the exciting time at invesco. How have you gotten ready for earnings season . Kristina our expectation is a Solid Earnings season. Nothing extraordinary, but nothing really terrible. Mediocre, modest earnings season should be enough given where Monetary Policy is. The environment is so accommodative that it really is supportive of risk assets, including equities, even if we have a lackluster earnings season. Vonnie if we have some disappointments in key areas, does the market sell off . Is that enough to frighten the market . Kristina i dont think it is. We have a fed that is very supportive, and it has essentially laid out a safety net. We have had three insurance cuts in the back half of 2019, and the fed is telling us it is comfortable maintaining those insurance cuts, that the bar is very high on raising rates. That is a very powerful message for risk assets, particularly equities. Guy but last years gains were driven by multiple expansion. The fed is signaling it once to stay on hold. What is going to drive stocks in 2020 . You talked about earnings not being that great. Fed is not going to be there. What gets multiples potential he higher . What is it like its stocks potentially higher . Kristina i would argue that the fed is already thereby doing three rate cuts and suggesting it is perfectly comfortable keeping rates as low as they are now. Of course, there is the potential for some accommodation if we get more lackluster economic data. We are already hearing noises from Neel Kashkari about this. I think this is an environment in which the fed is poised to maintain its safety net, perhaps add to that safety net, and keep in mind, we have Central Banks around the globe that have a far more accommodative stance than theyve had just a year or more ago. This is an environment that should be very supportive, even if we have lackluster earnings. Guy but the thing about the fed is the rate cuts weve had thus far are already priced. The market has got them in the numbers right now. The market has extrapolated those and the impact they are going to have. What is it that gets u. S. Stocks higher from here . Or will u. S. Stocks be the laggard in 2020, and the rest of the world is going to do better . Kristina i think we are going to see modest returns for the u. S. Stock market, and really come of the leadership will come from emerging markets, particularly asia em. They are poised to do well in this environment. Theyve actually been doing very 2019in the last quarter of , especially chinese equities. Chinese equities were beaten down, but valuations are quite attractive, and theres the potential for more given a phase one trade deal. Vonnie i want to ask about the german 10 year yield. A note was pointing that we are getting closer to zero. 15, butill more than that is a big difference from where it was, and it is pushing up yields in the developed world as well. Do we get close to zero this year . Kristina we could potentially get that. There are different components that can drive up yield, and one is expectation about inflation. We could see some drivers, and certainly, if there is expectation that growth improves from here, which could very well be the case, we are starting to see slightly encouraging data. See that this is an inflection point, and that europe is starting to slowly improve in terms of economic growth. Vonnie thank you for all of your intel today. That is kristina hooper, invesco chief Global Market strategist. Lets check in on the first word news. Heres viviana hurtado. Viviana in iran, protests over a shot down jet have turned violent. Teargas was fired at crowds over the weekend. Irans leaders admit that the countrys military mistakenly shot down a ukrainian jet. Philippines, and erecting volcano south of manila has forced thousands of people in the philippines, an erupting volcano south of manila has forced thousands of people to evacuate. Trading and Financial Markets has been suspended. The british economy unexpectedly shrinking in november, gdp falling 0. 3 , casting doubt if the Fourth Quarter had any actual growth. It is also adding to concerns t the bank of england concerns at the bank of england that a rate cut is needed. Senate Majority Leader Mitch Mcconnell a resolution that it if Speaker Pelosi does not send over the articles of impeachment. She is expected to do that this week. Global news 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in more than 120 countries. Hurtado. Na this is bloomberg. Guy thank you very much indeed. Coming up, we are talking about boeing. It is hitting the reset button today. Leaderll the new of this troubled business do . Onwill talk to David Calhoun the big job ahead of him. This is bloomberg. York, imve from new vonnie quinn. Guy from london come im guy johnson. This is bloomberg markets. Big week for markets. Weve got phase one and earnings. Abigail doolittle come over to you epochal doolittle, over to you abigail doolittle, over to you. Abigail take a look at the moves we have so far. Investors want to see that china deal. 0. 25 , the german dax down about 0. 4 . We had strength in the asian session. The shanghai composite up 0. 75 . Sometimes that moves through to the european and u. S. Markets. That is not happening. We could see a more bullish tone come about. The 10 year yield up three points. We had another selloff continuing, and that is oil. Brent crude since the tensions with iran bubbled up, we initially see a bullish reaction , at one point above 70 a barrel. After those have diminished, plus week supply data in the u. S. , crude oil down overall 3 since tensions began. Turning to some of the automakers in the u. K. And europe, starting off with renault, down about 3 on the news that nissan is considering severing its alliance. Beyondlyst says it is repair after the dysfunctional ties with carlos ghosn leaving. We also have aston martin down about 2 after a huge pop last friday on the possibility the to find funding from the canadian billionaire stroll, and also geely group. Finally, a real bright spot, take a look at tesla, above 500 for the first time ever. This is a lifetime chart, up , raising their 2900 . To up nearly guy great stuff. Calhoun takes over at boeing today David Calhoun takes over today at boeing. Hes got a lot of experience with ge and blackstone. Joining us now on the phone, edward jones Senior Analyst jeff windau. Job number one is clearly to get the max back in the air. How quickly do you think you can get that done . Jeff it is definitely a challenge for him. We believe he does have to repair some of those relationships he has with regulators and customers and suppliers. Really, that is going to be a key focus to get the max back up and running. Assuranceso get some and get some better relationships with the faa so they feel like quality and safety is the focus moving forward to give them some confidence. Guy do you think he tries to get all of the bad news that potentially could still be out there out into the market . How do you think he was going to approach the relationship with the market . Jeff they report earnings later in january, and we anticipate some more news as far as the expenses associated with the max. They had already released a charge of about 5 billion in july. We anticipate that cost has gone up. Weve seen some estimates now that it is more like 9 billion. So we anticipate, to your point, theres going to be some more bad news from that perspective in this quarter. Obviously, a brandnew ceo coming in, now is the time to put out that news and set the road going forward, and make are where theyns should be at that point, talking about when the timeframe for the max, the regulators for that. We dont end is a big getting a date, but an update on those deliverables, hopefully we will hear more information on that in the quarter at the end of january. Vonnie he has a wealth of experience, including being the head of portfolio operations at black stone for a long time. What does he prioritize . He has so much to do here, so much to repair. Jeff definitely, the max is key to the story for boeing. I think they are well on the way, repairing the relationship with regulators, and im sick simulator trading for the max goes a long way. I think one of the keys to focus on initially out of the gate is really that internal culture. Obviously, those recently released messages put a spotlight on the internal culture, raised some concerns from an engineering perspective. I think that is the first job this week, to meet with employees and to set the bar very high as far as the expectation and safety. Vonnie will boeing be able to hold onto the dividend as is . Jeff we recently moved our outlook to at risk for is the dividend. We dont necessarily think a cut is imminent, but obviously, the max is a story that has kept getting prolonged, and theres quite a bit of cash being burned. The last quarter, boeing burned about 2. 5 billion. The dividend takes about 4. 5 billion a year to pay. We just want to highlight that there are concerns out there, and the longer the max takes to get ungrounded, more pressure gets on that dividend, although we dont necessarily into beta cut. Just want to make sure investors are aware of that possibility. Guy what is this Company Worth without the max . Jeff that is definitely a challenge to figure out. I would say if we look at the forecast for the company, about every eight about eight of every 10 planes and the backlog those, thend of majority is a max. That is definitely the future of the cup and he. If the max doesnt return to service, obviously the airlines can move back towards other versions of the 737 that have been playing successfully for decades, but that is definitely going to take a financial hit for the company. The max divided a lot of advantages in terms of fuel efficiency and savings for airlines. That would be something that would have to be reevaluated, but that would be a challenge and obviously put pressure on the financials of the company. Stimulateecision to trading, i am hearing that is causing big problem for the carriers. There simply arent enough carriers available. How complicated is that going to be for the airlines . Obviously, this is going to feedback in terms of the compensation that rests with boeing. Jeff you are right, there is a challenge in terms of availability of simulators. It is still a question as far as the 737 simulators. If they can be brought up to versions, we max will have to see if that happens, but there is definitely new capacity and a lot of pilots that need to go through that training. At the end of the day, we do think safety and quality are very important, and there are concerns on the mcas system, so it is going to take a hit for the company. It is probably going to delay a return of service for the airlines, but i think everyone ford agree it is worthwhile the flying public to gain more trust in the max. Vonnie what will the advice to dave calhoun be about public relations, about managing this publicly . Most everybody inside boeing is the same as before this crisis, so the advice likely hasnt worked. Really,would say basically candid communications. I think part of the concern previously was that maybe the full story wasnt being cold and things were being hidden. Really focused on the safety, that is the key for boeing, and everyoneking sure that goes the extra mile to make sure this is the safest plane in the air. Vonnie thank you for your time today. That is edward jones Senior Analyst jeff windau. Still ahead, we speak with heath tarbert, u. S. Commodity Futures Trading Commission chairman, all about his agenda. Meanwhile, aramcos ceo speaks of the First Time Since the ipo and resource traders about tensions in the middle east and reassures traders about tensions in the middle east. We responded. Inre was no interruption production for our international customers. The company was able come very resilient, able to continue to be the most Reliable Company in the world. Governance, and terms of the defense of the facilities, they are doing a lot to make sure our facility is more secure and protected. Vonnie time now for your latest Bloomberg Business flash. For the third year in a row, ford sales in china have dropped. They had a 26 drop from 2018. Is now selling fewer than half of the cars he did at its peak. They expect chinas auto market to continue shrinking this year. Jeff bezos is likely to face unprecedented protests on a trip to india this week. Thousands of small local we taylors local retailers plan pricing andazons practices. That is your latest Bloomberg Business flash. Still ahead, we will speak with heath tarbert, just six months into the job, about his new agenda. Later this hour, we are live at the j. P. Morgan Health Care Conference. This is bloomberg. Sometimes your small screen is your big screen. And with the Xfinity Stream app, which is free with your service, you can take a spin through on demand shows, or stream live tv. Download your dvrd shows and movies on the fly. Even record from right where you are. Whether youre travelling around the country or around the house, keep what you watch with you. Download the Xfinity Stream app and watch all the shows you love. Vonnie live from new york, im vonnie quinn. Guy from london, im guy johnson. This is bloomberg markets. Lets check in on the bloomberg first word news. Heres viviana hurtado. Viviana a word of warning, dont kill protesters, from donald trump to irans government. They say arrests have been made. S atce firing tear ga crowds. Over the weekend, they admitted that the government mistakenly shot down a plane. Today in western iraq, u. S. Troops clearing rubble and debris from a military base housing u. S. Soldiers. The cleanup effort coming days after the base was struck by a barrage of iranian ballistic missiles, irans most direct assault on the u. S. Since the 1979 seizing of the u. S. Embassy in tehran. Tonight in san francisco, i pump pao in san francisco, sick and hurry of state mike pompeo san francisco, secretary of state mike pompeo will attend a dinner with tech executives. Come up book film joker oscarg the way in nominations. Women were nearly absent from all of the top categories. All of the best director nominees are men. Global news 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in more than 120 countries. Im viviana hurtado. This is bloomberg. Guy thank you very much indeed. Addressedgy minister security at aramco facilities given the current tensions between the u. S. And around. He spoke and iran. He spoke to Annmarie Hordern in saudi. I dont think we are in the brinks of a war. The escalation is continuing. Andink what i see from afar you see end everybody sees is a type of deescalation which is happening. Withry much comfortable what is going on. Fromnot a big jump to go Oil Contracts to the ftc. Tarbert hes , chairman at the ftc, is joining us. Talk to me about how you see sorry, the business you look at, and how it is going to change as a result. Heath well, the derivatives markets have traditionally been, particularly when we are talking about commodity classes such as oil, agriculture, hav always had some degree of volatility. So i think we are going to continue to see the futures markets develop and respond to global volatility, particularly those that may be caused by geopolitical events. Guy we are about to go through brexit. We are about to deal with our own regulatory structures that allow this to be competitive. What are you expecting from london . How much more competitive you think we will be after brexit . It is really a question for the authorities in london. What i can say from my current position and my former position at the treasury department, i worked very closely with treasury, the boe, to hopefully ensure that postbrexit, the u. S. And the u. K. Will have an Even Stronger relationship. I think it is a great opportunity for the u. K. It will ultimately be your choice as to how your markets look postbrexit. Our major concern is also making sure theres no Financial Stability risk emanating from brexit. We work closely with the European Union as well as the u. K. To make sure that doesnt happen, and we look forward to continuing that conversation in the months ahead. I do think and i will say that the very fact that we know that we are going to have brexit now is helpful to the market because it provides certainty. Vonnie i believe your six month anniversary in the job is on wednesday, so congratulations, and congratulations on the new logo. Im curious as to where you are in your agenda. When do you anticipate a finalized rule on, for example, crossborder swap regulations . Rules, wessborder got out the door in december before the new year, so we are looking to finalize that in 2020. Beition limits, we will proposing that a couple of weeks away, with the hopes of closing it out in 2020. This is the 45th anniversary year of the ftc, with an ambitious agenda to go with it, both focused on the dodd frank act now that we have a 10th anniversary coming up this summer, but also focusing on the 2020s. The new the vonnie i want to get to how much time you are actually cryptog on fintech and and bringing actions in that industry at the moment. First, to finish out on the derivatives proposal that will be finalized this year, there is a complaint that nonus based dealers might have an advantage because of the easing of the burdens that will help them more. What do you say to that criticism . ,eath at least in the proposal one of the focus is granting recognition to those jurisdictions that have comedy with errors, meaning they ity with errors, meaning we dealt have overlapping regulations. So we grant deference when an institution that is overseas has a very similar Regulatory Regime to our own, as opposed to a doesnt exist overseas. Those swap dealers would digitally still have to comply with our program, so the point is to recognize that other jurisdictions like the u. K. , like europe, they have gone ahead and implement it the g20 reforms just like the United States has, so they are regulated in a similar way and should be treated in a similar way, not subject to overlapping regulations. Guy do you think the u. S. Approaches Financial Regulation for fintech in the correct fashion . It is a challenge we are trying to spend a lot of time with here in london. As you look around the world, who has the best approach to regulating this upcoming space . It is going to be hugely competitive, but also hugely important for the Financial Sector that we all have in our various jurisdictions. Heath absolutely. C oflmark of the c . Ft regulation, sond how do you have sound regulation and still promote innovation . Are seeing what countries like singapore and others are doing, but at the same time, we want to be responsible. It is a question of getting the balance right, of making sure we nduly stifle innovation, but because they are developing, there are things going on that require and demand regulation, so we are still studying other regimes, but we want to get that balance right. We want to have a galatian that balances innovation, but does so responsibly. Vonnie looking forward to speaking to you again soon. Well get to that crypto discussion at that point. That is hes tarbert that is tarbert, chairman of the u. S. Commodity Futures Trading Commission. Coming up, we will speak about increasing competition in the space with the roche ceo. This is bloomberg. The j. P. Morgan Health Care Conference is underway intend for disco. Taylor riggs is there with the big players in the pharmaceutical space. Thank you. I am here with Roche Pharmaceuticals ceo bill anderson. I wanted to kick it off with some of the recent acquisitions you have made. How are the early days of the acquisition going . Bill we are really excited for the opportunity to partner with spark. They bring world leading expertise in gene therapy. We have depth in many therapeutic areas, and we hope this partnership can be an opportunity for us to bring really important therapies, even cures, to patients with many rare diseases. Very exciting. They have great people, and so far the discussions are going really well. Taylor what ended up being the hold up for the ftc . What did you have to do to make sure that deal got done . Bill we just provided the clear evidence of what we planned to do in advancing therapies for patients, and i am really pleased that the regulators have approved it and we are moving on. Taylor you also acquired rights to another gene therapy for almost 3 billion. What do you see as the realistic goals and milestones for that . Bill the real key is showing a clear clinical benefit in kids with muscular dystrophy. Expansion ofrd to the Clinical Trial program, moving forward with them, and bringing this therapy to children around the world as soon as possible. There is a really steep patent expiration. What was the impact of that in q4, and can you give us outlook for the rest of the year for any impact for your company . We face competition for three similars for our biopharmaceuticals. The three that are affected, these are bringing tremendous benefits to patients, but we are so excited at being able to bring new, innovative medicines. Last year, through the first three quarters which weve announced results on, we did have a substantial impact. We expect a Significant Impact now in the u. S. In 2020. However, are key to growth is continuing to bring innovations for patients. We are launching two new therapies in nero science this year, one for spinal muscular atrophy, which is the leading cause of death in children, and in ain nero myelitis really disabling disease in adults. We dont worry about bio similars. We think bio similars are an important part of the health care system. They bring lower cost and choices for patients. Our real focus is on innovation, and we will continue to be successful there. Similar doo as see your bio similars comparable, or do you think yours are special . Bill i think it is the fda standard. I think those are good choices for patients. Taylor analysts say you do have a leg up on one of your drugs for lung cancer, and it does toe you a bit of a leg up the competitor. Your gaininge market share. Where do you have a leg up in that area . Bill we are indicated for small cell lung cancer. We have a nice survival benefit for patients. That has been really important for growth. We announcedq4 really remarkable results of a two drugs inof liver cancer. Liver cancer, there are 900 People Per Day in china alone diagnosed with at a static liver cancer, so we are super excited to be able to bring that promising, nation together and give new hope for patients, and i think it is going to be very good for the company. Vonnie in the u. S. Taylor in the u. S. , theres been a lot of talk about drug pricing. About drug pricing transparency. What are your thoughts for the next few years and how you are clear about the pricing . Bill i think transparency is generally a good thing. In the u. S. , one of the issues we have as an industry is almost half of the cost of medicines born by patients in the system doesnt go to the innovative pharmaceutical companies. It goes to middlemen, intermediaries, insurance companies, benefit managers. So rebate reform and transparency are ways of ensuring that people understand, where is the money going . We think that innovation should be rewarded, and the kind of innovation we are bringing with new medicines for multiple sclerosis, lung cancer, liver cancer, so we generally favor transparency. Taylor we are in san francisco, which is a tech hub. You mentioned also it is one of your secondbiggest locations relative to the headquarters in switzerland. How are you partnering with Tech Companies to ensure that innovation . Where is the future of that . Bill it is an amazing time for progress at the intersection of technology and health care. We are a leader in the world in this field of Personalized Health care. It is the idea that every patient should have the best therapy for them, and that they should have an experience that helps them understand why they are getting that therapy. For example, our Company Foundation medicine is the world leader in molecular information on tumors. This basically allows patients to have any tumor profile, the dna of their tumor that gives them the best shot at a target therapy that will work for them. Also, we are a leader with Flatiron Health in realworld evidence, another great intersection of technology and data and medicine to deliver Better Outcomes over time for patients. Vonnie finally, what taylor finally, what reforms do you see on the horizon to reduce outofpocket expenses . We think it is a big issue that patients often cant afford their medicines, and we think reforms are urgently needed. We propose very specific alternatives on this. One is marketbased pricing mechanisms for hospital product, and also rebate reform for the pharmacy benefit medicines. Intermediaries are getting almost half of the total spending. Theres an opportunity to make things much more affordable, that patients arent having to spend their last dollar on a medicine, especially when theres Better Solutions that we can bring. Taylor that was Roche Pharmaceuticals ceo bill anderson. Thank you for joining. Back to you. Guy thank you very much indeed. Plenty more to come from that conference in the next hour. He will speak to sanofi and gsks ceo. Looking forward to both of those conversations. We need to bring you Something Else coming up as well. One of the most recognized brands in Business News is back. David westin presents bloomberg wall street week. New episodes debuting every friday. This is bloomberg. Guy from london, im guy johnson. Vonnie from new york, on vonnie quinn. This is bloomberg markets. The American Companies must reliant on embracing Green Technology are outperforming every measure of stock market. Bloomberg news editorinchief emeritus matthew winter has written a column about that today, and he joins us now. Learning that cleantech pays, and just bring it back to our last discussion, this is very obvious in the Top PerformingMutual Fund Last year. Matthew thats correct. It had within it a basket more than a basket, actually of clean companies. Those companies contributed to the extraordinary 54 total return that columbia delivered last year. Fluke, not actually a for sure, and not something that is a one time wonder. Datae according to compiled by bloomberg, 92 publicly traded firms have at least 10 of their revenue derived from clean energy or clean technology. There are plenty of companies to choose from. Why is it taking so long for Retail Investors to pick up . Thehew one of them across 500 a threshold this morning, and that happens to be tesla, which has been in the news a lot. So it is not too much of a mystery. The big ones are doing very well, and have been doing this for some time, and they are driven mostly by sales growth. But there are lots of other companies that are essentially saying every problem is an opportunity. There are companies that see that as an enormous opportunity because where are investors going to go . A lot of these companies are doing thing. For example, bloom energy is , buter by sample it can replace the grid for a lot of people probably in the next few years. Of the problems that investors have is understanding what is a clean energy company, what is not a clean energy company. How far down the road do we still need to go in defining some of these aspects of these investments . Matthew fortunately, it is relatively easy because we have these wonderful people called Bloomberg NewEnergy Finance who do all of that arithmetic. Essentially, theyve looked at all of the companies that get at sales fromf their totally clean efficiency sources. That is what defines them as clean. That number, as was said earlier, was 92 at the end of last year, now 94. I think the list is going to grow. The market capitalization of these companies is more than triple in the past 10 years from just over 300 billion. This is a growth industry, and the keyword is growth because this is what is driving them. If you look at accounting, the rules are very clear. That is profit, that is not profit. That is revenue, that is not revenue. Do we need to get better at defining some of this stuff . Matthew absolutely. Tesla makes it relatively easy because it is a zero emission vehicle, and everybody can understand what that is. They can also understand solar cellsteries, communication, all of that. That is all rolled into what tesla is. , clean a very easy example, and it is by no means the only one. Vonnie i would urge all of our viewers and listeners to read your column today. Investors are learning that cleantech pays, on of from editor in chief emeritus at winkler. Coming up, more from the Jp Morgan Health conference in centrist go. We will speak with the cfo of ceo of gsk. We await the beginning of earnings season. The best performer right now, albemarle, up most 5 . This is bloomberg. I dont know why i didnt get screened a long time ago. I kept putting it off. What was i thinking . Ok, mr. Jones. Were all done. I told you it was easy. With life line screening, getting screened for unknown Health Conditions is so quick, painless and affordable, youll wonder why you hadnt done it before. So if youre over age 50, call now and schedule an appointment near you. For just 149 a savings of over 50 youll receive a package of five screenings that go beyond your doctors annual checkup. Ultrasound technology looks inside your arteries for plaque that builds up as you age and increases your risk of stroke and heart disease. After all, 4 out of 5 people who have a stroke, their first symptom is a stroke. So call today and start with a Free Health Assessment to understand your best plan of action. So why didnt we do this earlier . Life line screening. The power of prevention. Call now to learn more. Guy cutting and running. Reductionuary rate now look possible . We are going to speak to sanofis cfo. And we speak to danny why our lateabout 40s are why we few most downbeat, and the impatience of that. We are counting you down to the european close right here on bloomberg markets. Vonnie one to bring you a quick headline first. Senator cory booker is suspending his Campaign Effort to be the democratic president ial nominee. Once again, cory booker becomes another person