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thanks for starting your sunday off with us. we ll start with a live look outside on december 1, 017. you can almost see how crisp and cool and clear and freezing cold it is outside. we re going to start off with dar gar in the weather center this morning keeping an eye on what really has been brutal cold here you. covered it all, tom, we ll take it back here then, thank you very much, gary, thanks for seeing you. very, very cold. you have more? i have to cover two minutes. so i ll take my share here. listen, here s what s going on out there now. let s just say it s going to be an arctic new year s eve. this arctic air started last night trickling in and dew points dropping and arctic air is here and it will get colder and colder and windier and windier out there and that will make it feel oh, so cold. and wind chill advisory in place for northern virginia and central virgina western virginia and all the way up to mary pennsylvania. and part of this out west i ....
22 people were killed in the attack in the intercontinental hotel. nasa tv returned to the airwaves to transmit light images of two to then astronauts international space station. the international space station passes over the north. the pacific ocean. installing a new mechanical gripper on the international space station s robotic arm. repairs were because of wear and tear. it s been in orbit since 2001. operations were largely unaffected by the three day shutdown. watchial personnel kept at the space center in houston. powered by more than 2700 journalists in over 100 and 20 countries 120 countries. i m mark crumpton. this is bloomberg. live from bloomberg world headquarters, i m julie hyman. iscarlet: i m scarlet fu. joe: i m joe weisenthal. julie: the s&p is at record highs in the 10-year is rising. joe: the question is, what you miss? scarlet: an industry led by china, but u.s. companies may have both winners and losers from this new policy. regulatory p ....
and welcome to power lunch. eye melissa lee, your money carving out some small money today, and russell 2000 at rosh highs. it s a global rally. let s check out bitcoin is bouncing back after falling below 10,000, goldman sachs say it s a bubble bigger than the dot-com era and famous tulip bulb mania, and p & g was down travelers rallying by almostsh topping expectations tyler? thank you very much, melissa. welcome, everybody we begin with a major decision from the white house the administration saying it will slap tariffs on solar panels and washing machines. if you ve got a solar powered washing machine, you are not, kayla, going to have whiter whites kayla tausche is at the very white house with more. reporter: those tariffs are steep and final. for companies outside the united states empowereding washing machines into the united states they ll sue new tariffing between 20% and 50%, depending on the number of washing machines they are importing. for components t ....
panels effective february 7th, the result of a month s long investigation by the bipartisan trade commission on washing machines, non-u.s. importers will be charged 20% to 50% per unit depending on the volume of the products they are importing. goldman sachs estimates the price tag a shopper will see will raise anywhere between 8% to 20% in the absence of these high-volume cheap products from overseas the administration on solar panels is adding a 30% levy. it declines over time and it will benefit u.s. manufacturers. but companies that install solar panels will see their prices increase that led south carolina congressman mark sanford to call the tariffs shortsighted and said his state would lose over 7,000 jobs in the solar industry as a direct result of these tariffs. this afternoon at the white house, president trump said he expected the move would create jobs our companies will not be taken advantage of anymore and our workers are going to have lots of really gre ....
our top story this morning, the dow is continuing to rally, up more than 150 points as all three major indexes hit another record high earlier. for more on this, joined by chief investment strategist jim paulson. good to have you back. thanks for having me. we have been wondering why equities are rising in the face of rising yields some economic release disappointment clearest explanation is that even the bears are afraid of missing this train that s leaving the station. what do you say? i disagree with that in part, it is an incredible market, incredible price momentum. maybe it is simply the resulted we ve never had just breakout of optimism in all sobbiectors of economy, everything from main street to wall street looks good it is so rare in this recovery to have that feeling, it is just an unbelievable up side price momentum it is not that the markets are going up dramatically, up maybe 25% in the last year certainly good, but not like a 40% meld up run. it is ....