Our bloomberg voices are on the ground with this mornings top stories. We begin in asia. Chinas economy stabilized last quarter, showing greater than expected strength if december. Fourth quarter g. D. P. Rose from the year earlier. Joining us now on the phone from beijing is james, bloombergchina economy editor. Walk me through the details and where the question marks are still Going Forward . Reporter looking at the data that came out today, it really was a surprisingly strong finish for 2019, for chinas economy. I think if we look past the g. D. P. Numbers, chinas g. D. P. Is more a political target than a real indicator of whats going on. If you look at the retail sales, Industrial Production and fixed investment numbers, there was a bit of a rebound in december. Sort of ending the year on a high note. A part of that was, i think, the chinese numbers efforts to sort of support companies is working and also i think the optimism you may have seen in december from the signs that the t
Closely. Crude is back below 37. There hasnt been a rate hike since 06. That decision will come out at 2 00 p. M. Eastern time. Chair yellen scheduled to hold a News Conference a half hour later. Cnbc will bring you complete coverage of the big fed event. Reminders of where we were on pop culture on june 29, 2006. Its been a long journey. Its been a long journey this year as we agonized about whether or not they would raise rates. During the course of that year, the stock market is basically more or less where we started. The tenyear treasury is basically, after this back and forth during the course of the year, basically back where we started. The big mover is the dollar index. The euro down 9 . Thats partly you what see in the corporate earnings. You do have oil down sharply. You have the junk bond market reeling despite the fact that Interest Rates have been so low, we have seen record high yield issuance this year again, emerging markets are weak again. Weve been asking the questio
Returning to the remote site where the german airliner crashed. Searchers have find the cockpit voice recorder from the german a320 plane. Authorities will want to know why the pilots made no distress call as the plane plunged from 38,000 feet. That is going to be the number one item. Why wasnt there any call . There were multiple radios on the airplane, multiple ways to communicate. Why wasnt there a message . They will be looking at that very closely to find out what was going on in the caulk it or around the cockpit at the time of the event. Olivia the searchers are still looking for the flight data recorder. The crash killed all 150 people on board. President obama is no delaying the withdrawal of troops from afghanistan. The president backed off his plan to slash the number of u. S. Troops there this summer. 10,000 troops will stay in afghanistan until the end of this year. The president says the u. S. Mission is simple. President obama we want to make sure we are doing everything