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
Index continued gains. The s p down despite several companies doing well today, the best of which is apache, finding success in suriname. The dollar index up 0. 4 . Weaker euro, weaker british pound. Really, the only currency that isnt weaker against the u. S. Dollar is the yen. Stronger, notvens a huge reaction to the continued anticipation of what might come next in the u. S. Iran conflict. Guy lets talk about what is happening in europe. Brent is on offer today, seeing a little bit of weakness when it comes to the oil market. Europe is a little better bid today on a slightly calm her market. At 1. 1141. Vonnie casting doubt on claims there baby powder causes ovarian cancer, talk about this study with Johnson Johnson. Reporter one of the issues with these cases, which claims that talc outer produced by j j talc powder produced by j j gave women touch of cancer is attending to assess what is the Scientific Evidence for whether or not this happened, and this is early hard to do. To try
Good. Varney company is about to begin. David lets get right to your money and there is more of it. Markets expected to open higher as china cuts tariffs on 850 products. Come in, market watcher Keith Fitzgerald. Will we hit 29k or even 30k before the new year . What do you think . That is not as outrageous as it sounds. We are within striking distance of that. We got to have a good broad session, but the lack of headlines that are going to interfere with that is key. I think we will get there. David you think of what has happened in the past year and again, a lot of it had to do with the fed, wasnt necessarily because of trade policy, the fed was pushing up rates, that was pushing down the market, but 6,000 points since a year ago, and i think the bottom was actually more than 6,000 points, when you look at it today. What was happening then thats not happening now besides the fed . Well, i tell you what, this is a real testimony to the faith and inspiration and innovation that drives
President said at the time was he had as a new president thought if i just have one congressman disagrees with me , im the president of the united states. Thats no big deal. Then he found out that one congressman was jack brooks and that was a big deal. But it talks about how president and Congress Work together and i think at this time, it is very important that we hear that message about how they Work Together and were especially pleased to not to have harassment jack brooks son jeff here with us. Jeffhas worked in the financial industry. And all all size companies for more than three decades. He started his career at citibank in taiwan, rose to Vice President of citigroups International Securities in london. Currently the managing partner of pinewood trading fund and is the chairman of the Jack Brooks Foundation which provided the wonderful reception for us tonight so please join me in welcoming and thanking jeff brooks. [applause] thank you so much tony for that kind introduction.
Good afternoon. I am senior fellow at the Hudson Institute and i will be your host today. Has a very distinguished resume, which you can find at the department of justice website. Before we get started i have two requests. One is is if you could take your cell phones and put it on silent mode so that we dont have unnecessary interruptions of that sort. The second is for the q a session we will have cards that you can write questions, and those cards are going to be passed around and you can write your questions. They will be collected and i will sort through those. We particularly would like to welcome our cspan guests and other guests that are watching through various video links, as well as our online guests who are watching at the hudson website. For online and for our video guests, you, too, can submit questions, submit them to hashtag pets and events in those questions will be collected hudson events. Assistant attorney general delrahim computer had a distinguished tenure that has