Reporters. Taylor i will take a look at a chart here i am showing which is looking at the s p 500 for the month of december. I know it is only the first day of trading in december. We are off about 0. 8 . This comes after a very good november in which we had our best month since june. If you think about historically where we have been, december 2017, nothing really happened. December of 2018, a big bottoming out. The index lost more than 9 , bottoming out there on Christmas Eve before a big run up which led to the 25 gain or self we have seen gain or so we have seen this year. Is relatively muted. Still early days. We will have to see how the rest of the month unfolds. Called the skew index, the panic index. Last summer, well ahead of the Fourth Quarter volatility, the skew index in white here, highly elevated as the vix index. Stocks took a big nosedive in blue. The vix then caught up. This year, volatility relatively suppressed as the s p 500 going for near alltime highs. Since octob
Ecurity. They have got a new exhibit called revealed the hunt for in laden. Kailey we have much more ahead on that. We begin with our top stories. In the politics section, it is lights, camera, impeachment. Jason House Democrats count on public hearings to bring to life testimony that has already been given behind closed doors. Here is billy house in d. C. Billy what we saw was some real concern on the part of state Department Officials bout back channel diplomacy by rudy giuliani, and evidence, hearsay evidence, secondhand evidence of what they were hearing trump was up to. Kailey billy, whats next, and how long can all of this really go on . Billy well, what is directly next is this upcoming week of four hearings, four separate hearings, including what could be the biggest one, that of Eu Ambassador gordon sondland, who s the one who may have had the most direct contact with President Trump on whether or not he wanted to withhold aid in return for investigations. The House Intelligen
Jason and a special summit on security. They have got a new exhibit called revealed the hunt for bin laden. Kailey we have much more ahead on that. We begin with our top stories. In the politics section, it is lights, camera, impeachment. Jason House Democrats count on public hearings to bring to life testimony that has already been given behind closed doors. Here is billy house in d. C. Billy what we saw was some real concern on the part of state Department Officials about back channel diplomacy by rudy giuliani, and evidence, hearsay evidence, secondhand evidence of what they were hearing trump was up to. Kailey billy, whats next, and how long can all of this really go on . Billy well, what is directly next is this upcoming week of four hearings, four separate hearings, including what could be the biggest one, that of Eu Ambassador gordon sondland, who is the one who may have had the most direct contact with President Trump on whether or not he wanted to withhold aid in return for in
Betting. Carol and we have amtraks turnaround plan. You may not like it. Jason here is joel weber on the issue. Lets start by talking about trains. A big travel week. Maybe some people taking a train, flying, but amtrak is in a bit of a pickle. Joel amtrak has been a money loser for years. It has a new ceo who came from the airline industry, and they talked about his plan. A lot of people who are amtrak fans dont really like this plan of his. But it could lead amtrak to be profitable. Carol delays, delays. Never on time, right . Jason it is Richard Anderson, the former ceo of delta, not making a lot of friends out there. Maybe some people making friends, or at least feeling better about the economy, is almost everyone. Peter coy talks about this 180 folks have done looking at the economy. Joel just a couple months ago, it was like rain clouds out. Now it is winter, and suddenly the sky seems to be opening up and everybody is like, it does not seem to be so bad. A crazy time for the eco
Volatility . Time now for global exchange, where we bring you todays market moving news from all around the world. From london to frankfurt, beijing to hong kong, bloomberg voices are on the ground with this mornings top stories. Want to start in hong kong, where the high court is set to allow the government to reinstate a law banning protesters from wearing facemasks. Earlier in the week, the court ruled this very law unconstitutional. Or Bloomberg China editor leigh joins us on the phone. Came after chief executive carrie lam imposed this mask ban last month by invoking a colonial area Emergency Powers for the first time in a halfcentury. The court struck it down earlier this week and said it was unconstitutional. It has been flouted by protesters who continue to wear masks to shield their identities from police. This comes ahead of sundays district elections here. They are not only a lowkey offense come up at time they are happening after more than five months of protests and a coup