. >> tom: and good morning, i'm tom johnson. it is saturday, february 6th, i hope you're having a great morning so far. we appreciate you starting it with us. here are the top stories we're working for you this morning. we start is "fox 35" jackie orozco. >> reporter: good morning, tom, 4 people are recovering from gunshot wounds. they were shot in this mocks neighborhood -- apopka neighborhood. i'll have much more coming up in a live report. >> tom: plus, the zika virus now in central florida. keep you safe and -- >> tom: she sang for the final time on the "american idol" stage. now, a local singer is going to perform for you, live right here on "fox 35" to where she plans to go after "american idol" is coming up. all right. let's talk about the weather, brooks, we were just chatting about it on facebook live and it's going to be a nice day. >> meteorologist: central florida style we're going to see florida temperatures right where they should be. i want to show you a couple of showers. >> coastal showers this is go through the

tom: dr. mann was with us a few months ago from brandeis university, and the expert in the united states on trade. catherine mann it's is no words and calls it flatlined. she looks for urgency policy response, so that is a really important note to study from the oecd. i am glad you brought that up. let's go to over to the terminal. i am boring vonnie to death. it is just oil, down we go. $31.e: we are above i love how our story puts the iran part of this agreement, the cool embrace. tom: steve short looking at this in the macro and say on a somatic -- on an asymmetric basis, we will test lower. caroline? caroline: cmc holding that view that until we hit over $36 on need, that is the level we to see any sustained growth on oil. as we see that correlation write-down, let's focus on china. bank,na's central conducting open market operations every working day. let's go straight out to shanghai to get to the bottom of what this means. allen wan is joining us now. this is about control of liquidity,

tom: go ahead, francine. francine: is a completely inconceivable -- i ask this as a european -- is it completely inconceivable that the republican party splits? we see moderate republicans being squeezed out, and then there is a race among extremists. why don't they form another party echo richard: nothing is inconceivable. none of us would have predicted where we are today. so we have to have a degree of humility. if you had someone like mr. trump, either the republican candidate, which is something that is quite conceivable, would someone challenge him on the right from the tea party? i would think it is the right side of the party that would be tempted to move away. tom: megan, besides a nap, you will need some kind of day to get to this evening. when is this resolved? will i have to wait until 9:30 p.m.? megan: you will have to wait. it is going to be a late night. we think we might see more knowledge on the democratic side, maybe around 10:00, but not until late. tom: you are killing me. you're killing m

tom: thank you so much. on the foreign exchange issues, pratt will join us from new york university. say legendary with sandra bernstein. legend, we drag out an update on the global economy. i know we are not in recession. directionale on the call of slower gdp. what is the state of the u.s. economy right now? is it a point experiment? >> i wouldn't use those words. the state of the economy as we continue in a slowdown that is over a year old, we discussed how the manufacturing set her was turning down -- turning down. contracting the last few months. i'd year ago, the size of that downturn in manufacturing made the overall economy outside your window start to decelerate. that made us asked the question , if notg rate hikes now, when it? it's not going to get better than it was back then. people are saying it might have been good to have done it earlier. if you fast forward to last ofmer, the service sector the u.s. economy began to turn down. he went from manufacturing going down and services rising to both

tom: u.b.s. did landmark research five years ago, 10 years ago, on the fiction that were the chinese cities. do you have a confidence of what's in the piggy bank? george: well, we kind of know -- we sort of know at bit about what sort of holdings they have about euro denominations, government bonds and so on. and so a lot of -- the bulk of that $3.2 trillion will be liquid assets. some will not that be liquid, may not be, you know, transferable into, you know, cash if they needed it that quickly. but there's also a kind of prudential limit on how far they can drop. you know, they need to have a certain number of months worth of import, and u to have something in the piggy bank. you can't run them dry. so what we -- the reserves themselves aren't fiction. they are the product of earning years and years and years of current account balances. but now the worm is beginning to turn, and it's going to be more than interesting just to see where the chinese government, chinese authorities will physically

tom:. post, where we have no intention -- francine: if you look at market followingns, they are the prices well. if you look at utilities, they are performing so differently. it is a debate worth having. markets are crazy, no correlation. debt is flat out wrong. there is no other way to put that. uplook at markets, futures 17. coming up, new york fashion week. stay with us. ♪ tom: good morning. we welcome all of you on economics, finance, an investment in international relations and fashion. here is vonnie quinn. will do the first word while you are practicing your blue steel, tom. , thaty clinton lost big is what came out of the new hampshire primary. bernie sanders beat her by 21 points. sanders: help us raise the funds we need, whether it is 10 bucks or 20 bucks or 50 bucks. help us raise the money we need to take the fight to nevada, south carolina on super tuesday. won the race as expected. he is setting his sights on the next battleground. donald trump: thank you, new hampshire. we

tom? -- wehe single best chart did this yesterday per michael bavaro in "the new york times" y, on theon the furo impatience, even the revulsion as what they see is a fixed system. here is a chart that maybe explains it. yearlpert, my chart of the two or three years ago, median household income, long, slope matters. green is really quite good, then pretty good after pauses. and then to a flatness. i am sorry, it is two americas, and vice chairman stanley fischer talked about that yesterday. dan: you cannot introduce 3 billion new people to the global economy and expect not to lose some income potential on the part of established economies. people are eating our lunch, as a practical matter, and that is what feeds back into this. whether you are on the progressive side or on the conservative side, it is really fundamentally being caused by the same thing. people are very anxious about their ability to retire. they are a very anxious about their ability to put their kids through school. vonn

@tom: and i'm tom griffith. @the entire state is getting @soaked right now and it's going @to stay soggy all night. @let's check in with chief @meteorologist mike haddad. @mike: we've been talking about @snow, freezing rain, and now a @soaking rain with cool @temperatures, but just above @freezing in many spots which is @good news if you've been @traveling on area roads today. @most of the main roads treated @are just wet. @watch out for ponding over the @next several hours. @but you notice some white and @blue, indicating the snow that @fell earlier, a coating to two @inches. @now primarily rain. @however temperatures are still @near 32 in a few spots, so we do @have the winter weather advisory @in effect for northen and @central new hampshire through @this evening. @jaffrey at 33, plymouth 34. @just before freezing, but a @couple pockets here or there are @once that batch of rain moves @through by mid evening take a @look at those tropical downpours @developing in the mid atlantic @state, approaching d.c., som

tom: tom, i have been reading 1889. ritz act of would you sprain why the government is going back to george washington to help us with this modern iphones? >> they are saying that it gives them the authority they need to say no, you have the opportunity to ask to ask congress to expand that authority, and you failed to do it. so in there if you read their order last night, their response last night, tom, they are saying shame on you, government. you have the opportunity to ask or more authority to decrypt and you didn't, so therefore, you do not have the authority to force my hand now. tom: do you assume this goes to in a general phrase, congress? >> that's what apple wants, which is a very risky in an election year when you can see that all the candidates want to turn this into a political hot potato and that apple wants to -- when you get politics involved, rational sometimes goes out the window. tom: tom with bloomberg news leading our technology coverage. thank you. in our next section here thank you louisiana will

tom: help me here. why don't they do a jump position quasi devaluation, clear the markets so they can mover forward? what is the why there? >> i think they don't -- they have no confidence or not enough confidence that they can control the process. very simple example. much is enough, right? maybe 16.2% will be enough for them to say that is done. i'm going to buy now. what if you do 16.1. saying it is not enough. when you have close to 100% confidence, i don't think they are willing to go caroline: we'll have to see when they get the confidence to do that. we will be discussing so much more. jeffrey stays with us. coming up in the next hour of "surveillance," we speak with a ster about nce minute brexit and that s&p downgrade last month that had such an effect to the polish losses. stick with us for that onversation. ♪ tom: good morning, everyone. bloomberg "surveillance". caroline hyde in london. i'm tom keene. >> january was a surprisingly good month for british retailers perfectly sales rose the m

tom? >> tom: all right, thanks, brooks. we are working breaking news this morning. mass shooting inside a central florida nightclub. 2 dead, several others hurt. it happened in orlando at a place called glitz ultra lounge. it's on, you know, reversal boulevard near the intersection of carrier drive. "fox 35" jackie orozco is right with the very latest -- is there with the very latest, good morning, jackie. >> reporter: orlando police now telling us 8 to 9 people were wounded inside this glitz ultra lounge nightclub off universal boulevard like you mentioned. and we know 2 people were killed. not everyone was shot according to orlando police. a public information officer is on the way to speak with us to give us more details. we were able just to speak with a woman who says that her husband was among those killed. she says he was 33 years old. she did not want to give his name to us. she didn't want to be on camera because she was just too heartbroken and devastated. still trying to figure out what we also saw a security gua

tom: i love that. for more on the eurozone inflation data we are joined by our guest for the hour here in new york. great to have you. when you look at world growth and the fact that g20 weren't able to get any concrete action and inflation in europe getting worse -- the world is not getting easier. >> i think we need to separate -- as opposed to something where we are in a secularly weaker democratic environment -- i think we have to be really careful that the solution to every problem is not going to create more negative interest rate, more fiscal stimulus. i am not sure that the direction to solve this problem is going to do what it was intended to do. we hearing any other word aside for more ?entral-bank action >> the g-20 had an opportunity to shock and they didn't take it. >> i mean, the question is -- if they have the u.s., been running in an environment that is way slower -- tom: nominal 3%. >> that is the right response to that to push interest rates below zero or is that making matters even w

tom: why is that? vivian: the drugs come to market at whatever the market will bear, and when you have a cancer drug, you will bear a lot of costs. in order to keep the costs down, we need to make sure the right people get the right drugs, that we do not just deliver these really expensive drugs to everyone, even though only a small subset actually benefit. tom: let me bring in guy johnson in london. guy: good morning. you talk with the cost. a lot made about low-cost testing in london. is that the breakthrough and that will be the starting point so we can actually focus the individual patient and the individual drug? vivian: absolutely. we need to develop what we call companion diagnostics, the diagnostic tests specific to individual so we know that they have the genetic marker or predisposition. that is absolutely critical. right now for most of these high end cancer drugs, only 15% to 20% of patients actually benefit from them, and we need to be able to narrow that down by doing the right testing fi

>> tom: i did. >> kate: put your hand up. >> tom: i did. >> kate: hand to god. >> tom: i swear to god i did, and i really enjoyed it. you are--but i wanted to talk about why you wrote this book. and you replied it was because "i want to be known." >> kate: right. >> tom: and as someone in the public eye i want to know what being known means to you. >> kate: well when you play other characters for 40 years as an actress, i wouldn't say you hide behind them, but it's a commodious cloak to wear, isn't it? and it shields the actor from a great many things. and as i approached 60, having led a very complex, rich, challenging, often difficult life, i wanted to be known for who i am. it's, um--i suppose it's existential, you can call it whatever you like, but it certainly is a moment of recognition. i wouldn't say that it was epiphanic. i mean i just--it dawned on me that it was time, and i wanted to leave something. it's an important feeling. i wanted to leave, not a mark, but perhaps a legacy with the knowledge of who i truly was, and the vulnerable person who is deeply me. >> tom: but you

tom: i'm tom griffith. tonight in the midst of political actions taken against north korea, a humanitarian effort with a local connection has renewed hope of making a difference. jean: we are now learning that a coalition of veterans families from new hampshire helped push for a change in congressional tom: jennifer crompton live now with the details. reporter: the north korea sanctions enforcement act was on its way from the u.s. house to the senate when rick downs noticed something that hit home. that humanitarian efforts to account for thousands of missing p.o.w.'s and m.i.a.'s wasn't protected, so he brought it to senator shaheen's attention, and just in the nick of time. lieutenant harold hall downs was 26 when his b26 went down over north korea. it was january, 1952. he's been listed as missing in action ever since. to this day, his family, like so many others, are looking for closure. son rick was just three and a half when his father disappeared. daughter donna born two months later. >> she has a di

tom: i'm tom griffith. part of the plea deal could involve him helping train those dealing with the state's heroin epidemic. jean: suzanne roantree was in court for the sentencing and she's joining us now live. reporter: brian gleason now admits that he did use a town issued credit card to buy thousands of dollars worth of items for himself. but there may be an issue in which his sentence deal is still up in the air. >> your honor, i stand before you here accepting responsibility for my actions, and for apologizing for mistakes i made. reporter: prosecutors say gleason resigned as amherst e.m.s. director in july of 2014. but it took town officials four months to discover that for three years he abused the town's credit card by items that were nowhere to be found. >> the list of missing items speakers and patio blinds. reporter: e.m.s. employees reported gleason had brought an older grill to the e.m.s. station and that he was also remodeling his patio at home. >> a photo was located of the patio and it showe

tom: and i'm tom griffith. despite lots of open water on lake winnipesaukee, organizers say there's plenty of safe ice in other spots. jean: mike cronin is joining us live in meredith at one lake that we're told is frozen over. reporter: that's right. this year organizers don't expect the crowds that they usually have, but there are still several fishermen here on lake walkawon in meredith where the ice is safer. the ice fishing derby is a statewide event going on until sunday. rain and warmer temperatures have weakened the ice. the event because it says there is still ice in new hampshire that is safe to fish on, but it says that people need to foe where they are going, to test the ice and take extra precautions this year. >> this year it's a little disappointing because we're not going to have the same activity right here close to derby headquarters. but nobody catches a fish out here any way, but that's part of the atmosphere. so that's a little disappointing, but it's a fishing derby so we hope we see some

tom: and i'm tom griffith. police say that jane savastano was caught with nearly a dozen items take friend the mall at rockingham park. jean: heather hamel is live now with more on how the town is tonight moving to check its own accounts just in case. reporter: you the items that she allegedly stole totaled about $600, and news of her arrest really did shock the town manager and he says it prompted him to start an investigation of his own. >> devastating. it's not news you want to get on a friday afternoon. reporter: the town administrator is talking about the call he received about jane savastano, the town finance director. goodwin says she was an her lunch break when police arrested her and charged her with shoplifting, she was caught outside the macy's at rockingham park, with nearly a dozen items >> we moved swiftly to place her on leave. >> she's not available. reporter: do you have anything you'd like to say? according to the town manager, savastano has been the finance director since april 2005 and makes

tom: very good. every once in this a chile, folks, somebody comes -- while, folks, somebody comes up with a quote that is brilliant. bernstein wrote a brilliant quote on b.h.p. and all of mining. the refrusal of b.h.p. to engage the difference between value acreation to value maximizeation has always been something we have found hard to understand. this is a sophisticated dynamic about you need to create value in this carnage. how are you going to do that? do you do it step by step or do you need to make significant strategic changes to reposition oil and mining? >> i think this whole question of portfolio has come up many, many times. we have been in oil since the 1960's. we have made a huge amount of value for our shareholders. we have got you know, i think a very, very, very good operating capability with some of the best resources both in onshore and offshore oil and gas and that combination has worked very well for us in the past. with that capability, with that resource, this is going to contin

tom: i' m tom griffith. utility companies have been on standby for power outages but right now, there are no major ones to report. let' s get started with chief meteorologist mike haddad. mike: that' s great news to the wind is beginning to weaken a little bit. still breezy out there, but gusts under 40 miles an hour. take a look at the official high temperatures. keep in mind, the average high this time of year 35 degrees. it started off a below that this morning, but bounce quickly into the low-to-mid 50' s in some spots and even some of the cooler spots upper 40' s. right now, beginning to cool down. notice the wind flow building in out of the west southwest. it is driving the temperatures down in that part of the state. over new hampshire that will happen overnight. a little bit of dam conditions on the road at this hour. more changes for tomorrow and the rest of the week yard we will look at those straight ahead. tom: the mild temperatures even reached mount washington. the observatory shared this pictu

usually he's my husband tom. tom, this is carl davis. i know what's going on. what are you talking about? i'll be waiting for you outside. if you're a man, you'll be there. george, i've changed my mind. order me a steak. rare. i have to apologize. that'sa strange man. i've never seen tom act like that before. i can't understand what's come over him. now i understand what's come over him. well, well, well. you got caught with your hand you cheap bigolo. that's gigolo. he admits it! george, what's going on? as if you didn't know. how could you? your husband's not the world's best-looking guy. lord knows he's not the thinnest. but he's a decent and loyal man. what you got to say? george, i've been helping carl set up the marriage counseling program at the help center. we just came here to celebrate. oh. you're a marriage counselor? yep. why don't you counsel this woman's husband? he's a hothead, jumping to conclusions. i tried to tell him, "nothing's going on between them." you think he listened? no. he won't make a fool out of me. we got to talk. carl, i've never

tom: i'll go with that. i read two years ago, a 24-page powerpoint from bhp billiton, on their confidence they could clear the balance sheet. you had that challenge at rio. you are taking advantage of it with your indian company. how far through the process are we of clearing mining balance sheet? mr. albanese: i think it's still going to take quite a bit of time. recently, all businesses are generating positive cash flow after capital. we are putting our efforts into refinancing where necessary and recognizing the balance sheets are king. our other competitors are doing the same thing. it is very difficult when copper would be around two dollars a pound and oil is down less than $35 a barrel, but the businesses are hunkering down and getting it done. those businesses that are best at it will be best at recovering. this is where we were in the late 1990's. people thought copper was dead. people thought oil was dead. the survivors were the ones that enjoyed the benefit when china kicked in. i'm not saying we

tom: josh mcelveen has a look at our latest poll. josh: keep in mind the survey was conducted before the saturday night debate with the republicans. with a large pool of undecided on the republican side, donald trump remains atop the field with 33% support in new hampshire. beneath him, marco rubio, ted cruz, and john kasich are within the margin of error for each other for second place. while jeb bush, carly fiorina, and ben carson are campaigning hard, they seem to be needing an election night surprise. bernie sanders still leaves hillary clinton by 23 points. 33% of democratic voters say minds. that number swells to 55% for likely republican voters. this is the time campaigns need to earn their paycheck. >> we have been hearing about the ground game for months. while no campaign will give you a lot of details, everyone says they have a great ground game. we are going to find out tuesday. josh: according to the secretary of state' s office, there could be a record turnout for the 2016 primary. we will see if the weather plays a rol

tom: and i'm tom griffith. new hampshire has seen 20 outbreaks of norovirus since the first of the year. jean: kristen carosa is joining us live in the newsroom with the latest information from health officials. reporter: new hampshire health and human services september out a statewide alert about the norovirus earlier this month, they have seen 20 outbreaks since january 1. h.h.s. says concord christian academy was closed due to an outbreak there. according to its website, 196 students go to the school. no word on how many students and staff were affected. h.h.s. says the yearo virus is typical of this time of year, they see a spike in outbreaks december through march, the virus can cause vomiting, nausea and diarrhea and there's no real treatment. outbreaks are typically found in large settings such as health care facilities and schools because it's highly contagious. and 100 outbreaks a year. >> the best way to prevent these outbreaks is to make sure that people who are ill stay home when they're not feelin

tom: one more question. it -- if we get another week like this, capitulation will be some thing to look forward to. -- andreas, before you go, you have one of the summer place, one at the office. what will you think about over the weekend to get ready for the battle next week? when thei find that markets are the way they have been over the week, the best thing to do is to decompress. you do not want to stress your brain any further. switching off sometimes the bloomberg screen. i have told my staff to do that in 2002. that is sometimes the best way to go through the weekend. tom: thank you so much. very generous for you to be with us. it has been far too long to bring in someone with perspective on m&a, not someone working on the next something in bill, the trenches. marshall sonenshine has been doing this for decades, and he joins us right now. it has been way too long. where is the risk free rate? this used to be easy. there would be a boiler plate, and you would charge a zillion dollars an hour to make a

tom? tom: caroline, thank you so much. we digress from a discussion of european banking and the knock-on effect to your american markets. our guest joins us this morning. erik, you took basic economics at lsc. give us an update. is there demand destruction, and are we being adults buyout -- adults about oversupply? think we have great oversupply in the market, and the single greatest disruptor has been shale. am: where is your target from 29, 30 yeah cap jeff currie was on bloomberg from goldman sachs earlier. give us an update on the down of the downside. ic: earlier this year we saw lows as 26, 20 seven dollars crude benchmarks. we have a view that we are now stabilizing in a range, so we think we could touch that range again, maybe the mid-20's up to the mid to high 30's. tom: what is the exhaustion is shocked that would approve the embodiment of oil or look for lower oil prices? eric: a geopolitical supply disruption, something like that. tom: russia? eric: or a couple of other places. capex cuts and supply cuts are ta

tom: plus, salem' s finance director is off the job. what police say she did on her lunch break, that now has her facing criminal charges. shelley: also, the wife of comedian bill cosby faces tough questions from attorneys. why a full day behind closed doors only resulted in a couple hours of answers. tom: and, surveillance video shows robbers forcing three restaurant employees into the freezer. how long before they were able to get out. >> no one covers new hampshire like we do. tom: new hampshire' s drug stage in washington today as the nation' s governors try to rein in rampant heroin and fentanyl abuse. good evening, i' m tom giffith. shelley: and i' m shelley walcott. chief executives from all 50 states are endorsing a plan to boost prescription drug monitoring programs to prevent over-prescription. tom: that move getting a thumbs up tonight from local treatment providers. wmur political reporter adam sexton joins us now to explain. adam: at serenity place they estimate 70% of the people who come in the door seeking treatment start

tom: i' m tom griffith. we' re in the coldest stretch we' ve seen yet this season and temperatures will turn dangerous this weekend. let' s go to chief meteorologist mike haddad. mike: we are tracking those dangerously cold readings. right now, it is a little warmer than at this hour last night. these are the high temperatures for the day. right now, even though it is much colder, it is a little warmer than last night. subzero of north. from concord, south and east, between 10-20. twins very light out of the southwest. no major windchill to worry about. the windchill warning does kick we could see windchill as much as 40 below zero. frost i can occur in as quickly as 10 minutes. 20 below zero. hampshire. we will take a look at when it gets that cold and when we warm up again if we see snow. and massachusetts school s a popular time to hit the slopes. our stephanie woods is live at crotchet mountain where the ski resort is staying open until the early morning hours for midnight madness. stephanie: you have to

tom: and i'm tom griffith. it's been almost a year since the first candidate threw his hat into the ring, that was ted cruz way back in march. tonight we're going to find out who has enough staying power to claim success in the caucuses. jean: we do have live team coverage from iowa. our political director josh mcelveen talked to the candidates who have been everything on the hawkeye state. but first let's go to aixa diaz. reporter: jean, tom, tonight a iowans are meeting in churches, their pick's for the party's nomination. >> by 10:00 tonight we'll be out of our hair. >> i ask for your support to caucus with me tonight, thank you all very much. reporter: presidential hopefuls make their final pitches to iowans. >> i'm the only one that would balance the budget. reporter: hillary clinton visited her desmoines headquarters. bernie sand ders the same as the two fight. >> we're going to try to get as many people to caucus as we k. reporter: a new poll shows sanders with a three-point lead over clinton. >> this is

tom: interesting. francine: when you look at measures, the ecb has to deliver a lot more than what we think at the moment. forecast wasn revised downwards. what can they do? one train of thought is that they have no power over inflation at the moment so give it up as a mandate. be may be tooould much of a shock for the markets to handle at this sensitive point in the matters. at credit squeeze -- at credit suisse, one thing we believe would help would be to credit , it takes the money direct way to where it is needed and helps reduce the funding costs of companies. you have big spreads between tanks and companies have to pay for money and what the ecb does. you could try to reduce that. that is less political, going in and buying specific company bonds or even government bonds, for that matter. thecine: where do you see euro-dollar? what could put more pressure on the euro? breaks it risk take the euro down with the pound? shahab: the euro is the most complicated currency to think about right now. he c

tom: and i' m tom griffith. the snow is expected to start overnight but when will it switch over to sleet, and freezing rain? chief meteorologist mike haddad is here to start our storm watch team coverage tonight. it is relatively dry right now. they begin at 8:00 and last through tomorrow morning. those advisories extend to a good portion of the day wednesday elsewhere in the state. right now it is nice and quiet. outside of a few flurries, it should be mainly dry. steadier snow, over central ports of new york state will move in through the evening. region by region, for when that here is josh. josh: we are dealing with snow and a changeover on the way dependent on temperatures. we are zooming in to see where they will be as the snow begins to push and. look at those temperatures.

>> that is a big question, tom. clearly is speaking to stockholders when he says i am going to whac compensationk. we will change of the culture. but at the same time, he is trying to build up equity underwriting, buildup m&a. are not as strong as its powerhouse income unit. so how do you build new businesses in super competitive fields when you are telling the marketplace -- tom: yeah. i totally don't get it. ed robinson will have another story out in three days, even better. i just put it out on twitter, a link the treatment of the future of eu banking. in our next hour, speaking of global wall street, carl weinberg will talk to you about the yen. 22, 10 year yield a 1.75%. stay with us. ♪ tom: good morning, everyone. i'm tom keene in new york, francine lacqua in london. futures up 21. let's get you to the bloomberg business flash with vonnie quinn. vonnie: it's the highest level of government criticism yet, with how china regulators have dealt with turmoil. regulators didn't respond actively in markets. he also

i hatesupporting a woman who tom knows hates me. you ain't married to her, you're married to tom! everything started because i was jealous of him. you were? everybody said how thoughtful he was. i got mad. why? because it's true. oh, now,listen, george-- the man's in the hotel right now. he's lonely, depressed, he's sad. every one? every one. not the one inthat ugly red dress. where your arm is around tom's neck? that's the one. he had every one but that one. you're trying to make tom seem nice-- he is a nice guy! i never would havethought of opera glasses. if weezie couldn't see,i'd say, "stand up." he thinks about everybody. that's his problem. he cares more abouteverybody else thanhe does for himself. i'm surprised you're saying that. the way you're always making snide remarks about his... his girth. yeah, but that'sanother point. he's one heckof a friend to take allthat stuff from me. let's face it. you can say that again. it ain't so easybeing your husband either. when we got married, it wasn't cool forwhites and blacks to marry. it wasn't easy for me marrying tom. but youstu

tom: and tom griffith --i am tom griffith. new hampshire is expected to be hit with snow one more time before the hail holes open. hayley: it will likely be significant meaning we will have measurable snow starting tomorrow during the midday. the morning commute will not be an issue tomorrow. travel midday on word would be problematic with the snow falling. let me show you what is happening now. we had a beautiful sunday. more clear skies. to the south, there is a storm brewing. it is spinning off the coast of the carolinas. it is showing green on radar because it is over mild waters and in mild air. it will meet up with much colder air and it is going to be heavy snow as we look forward. 40 degrees in concord now. 41 in manchester. what you can expect is the timing of the snow to begin midday tomorrow and it would end in the predawn hours before tuesday. good timing for the primary, but it could be significant snow. i will have details ahead. jennifer: thank you. you can track this storm any time using wmur.com and our mobile

tom: dr. feldman, the trillion thequestion is what will people of japan do if we suggest lower rates, or the unraveling ,f the yen, the stronger yen whatever those dynamics -- do you think the japanese people will move a lot of their money out of their nation and to the united states? robert: there is an impetus because of negative interest rates to take money out of the country. we heard some of the banks will further pursue global m&a. there was a newspaper announcement today that some banks may not impose larger interest rates on corporate customers, and that would search me push money out of the country. likelihood of a very major yen-weakening is very low. doneink what the boj has last week and now is more stabilization of operations than an intent to move interest rates or other market rates in a sustained fashion with the exception of the yield curve, which they do want to flatten. tom: how do you respond to people who say the arch issue is democratic economics, peopleing of japan. that

tom: good. for a retail investor as well, they need to think about that cash components, and it basically comes from an apathetic allocation of cash afterthought to really a cognizant asset allocation. tom: caroline, this is a fabulous interview. we have yet to talk about any greek letters. i think it is a triumph. talk about alpha-beta epsilon and theta. caroline: i will not test you to save them all back again. jerome, you need to diversify, unit two makes all of this volatility -- where are we under-invested at this moment? where should investors be looking in terms of actively managed funds? jerome: one thing investors the to focus on is cash allocations for years has been an afterthought. it is thought to money market funds. for that time, you got a positive real return, after-inflation return. that is not necessarily going to be a basis going forward. we talk to clients, retail and institutional, corporate tax treasurers, etc., they are all really focused on the fact that cash allocations

tom: exactly. francine:s get -- let's get to bloomberg first word news with sunny. >> russia rejects the argument consensus --s are are insensitive. john kerry is starting to get -- --trying to get the stalled meets with other foreign u.s. leavesd -- moscow once enough time for forces to crush monarch groups. the biggest u.k. lobby in the u.k., the uk's economy could be thrown off track a referendum on whether to stay in the european union. the cbi cut its forecast by 20%. -- by .3%. the last four armed occupy us say they will turn themselves in today. the fbi seems to be closing in last night. that led to a panicked phone conversation. the cheerleader has been arrested -- the jail leader has been arrested. new jersey governor chris christie and carly fiorina have dropped out. global news 24 hours a day, -- i am vonnie quinn. tom coburn will do more data checks throughout the day. futures ugly -- tom: we will do more data checks throughout the day. futures ugly. yen strength. dollar weakness. -- yi

oh, tom! i'm sorry about this stain. we'll send these trousers back, and george will clean them again. i'm afraid this stain is permanent. even the bestcan't get outevery gravy stain. this stain is not gravy. it's chocolate. how do you know? i didn't want to come here making reckless accusations! there was no stain when we brought them in. it must've happened at your cleaners. unless the customer left a chocolate barin the pockets. i did not! it's my policyto pay for everything. what do i owe? $400. that's a lotfor a suit-- but this couldcover yankeestadium's infield. anyway, we payfor everything, even if it isyour fault. there was no chocolate bar in this pocket. there's a principle involved here. the truth is your store's at fault. george offered to pay. let's leave it at that, ok? i'm sorry, i can't. not until george admits it's his mistake. next time, take themwhere they handlebig jobs like that. like the clevelandblimp works. oh, well... oh, that does it. there's just no dealing with you. there's no talking to you.

tom: but you will keep us posted . the whole world is waiting to find out about mike' jamie: a jamie are you catching celtics : fever yet? on a current hot streak, they have climbed up to 3rd place in the eastern conference standings. garden. isaiah thomas and the gang. boston takes control early behind isaiah thomas. he takes it to the bucket for the reverse lay-in. look at this one, crossover dribble for the tough lay-in and the foul. thomas, 17 points, 7 assists. the celts led by 20 points at the half, 56-36. the c' s come up with a steal. isiah thomas takes it all the way in and misses the shot, but avery bradley is there for the put-back. he scored 15. then in the 4th, thomas hits the shot, plus the foul. he turned it into a 3 point play. and then marcus smart with a 3 to seal it. boston wins 102-95. tough one coming up at cleveland friday. a granite state showdown, franklin pierce and number 7 saint anselm college in rindge. mike mccahey to harrison taggart for the bucket. he scored a team-high for the 18. ravens

view where it is 12 tom cole in the winter like temperatures are not going to stick around -- tom: the winter like stick around for long. yesterday. northwesterly flow, providing us weekend. great news for those who are going to be out and about. yes, it starts off chilly. it is colder. the cold air builds in. as for highs, they will top off in the upper 20' s. right at the average for this time of year. the average high, 39. close to those numbers by the afternoon. we will warm-up by next week. we will take a look at that, tom: despite lots of open water on lake winnipesaukee, organizers say there' s plenty of safe ice in other spots. the great meredith rotary ice fishing derby is a statewide event going on until sunday. rain and warmer temperatures have weakened the ice and earlier this week the meredith rotary club met with state officials to figure out whether the derby should go on. but it says people need to know where they' re going, test the ice and take extra precautions this year. >> this year, it' s a little disappointing because we' re not going to have the same activity ri

tom and stephanie. -- back to tom and stephanie. tom: now to our live cruise around the region. this south side is expected to get the front of this. stephanie: live from virginia beach from he has been there all day long. andy, what is the city doing to prepare for the snow? andy: stay back from behind the sand trucks. i'm getting reports from public works that someonean ran into the backdy there. stay back from the same trucks. this is independence and virginia beach boulevard, and the snow has tapered off. the roads are fine. but since our last report at 4:00, let me show you what we found. virginia beach public works getting the job done. we found adam jones start in the middle of the intersection at virginia beach and independence boulevards. getting ready for a cold, cold weekend. >> maybe we will get that -- andy: what do you think about all this? >> oh, yes, well, it could be worse. andy: yes, it could be worse, and we are seeing other people traveling. once again, a reminder, when you see this and trucks, this is an behind them. now my colleague matt gregory. matt: down

tom: now at 11:00, the snow falling at this hour is making roads slick. and the dot is warning drivers to slow down reducing speeds on highways. mike: snow right now, but a change to ice and rain takes over soon. how much more snow to expect plus when that change happens. shelley: cold temperatures burst pipes flooding a school in plaistow and sending kids home. >> all of a sudden we heard like train roaring and the ceiling just totally came in. shelley: the repairs that still have to be made. tom: administrators at sanborn regional high school are contacting parents after a student' s threat. the attendance option they' re giving families because of it. >> no one covers new hampshire like we do. now, wmur news 9 tonight. shelley: we' re following breaking news. a flight from punta cana, mexico been diverted to manchester. a spokesperson for delta said that weather in new york city was likely the reason. tom: wmur' s mike cronin is live at manchester-boston regional airport tonight to explain the issue for the flight once it landed in manchester. mike: we

tom: thank you. as we look at markets, greatly challenge, it is a perfect time to speak to the secretary treasury. coming up, david westin in conversation with mr. lew. dow futures -116. stay with us. ♪ tom: good morning. kit jukes is with us from socgen. torling is making a dash 139. you may get a red sticky across the bloomberg terminal in the next hour as the german tenure tries to get down to a new intraday positive yield lows. really some market angst this morning. francine: you look at the markets, if you are central-bank , what would you do? i took something out of the sp. he is talking about helicopter money. the world economy is flowing structurally and cyclically. for --akers must repair must prepare for a new normal. when you read that and put it together with guy hands' comments, there is nothing optimistic about what will happen? kit: no. god hands is someone who thought with superlow rates private equity must be having a bull. they can borrow from the best credit they have from the be

tom: but you will keep us posted . the whole world is waiting to find out about mike' s forecast on primary day. jamie: a the american people can't afford to wait for ideas that sound good on paper... in the real world. the grandmother who has to choose between paying for medicine and paying rent... can't wait. the single mom who desperately needs a raise... can't wait. the student with a mountain of debt can't wait. we can make real progress, right now for people and families who need it. p i'm hillary clinton and i approve this message. car repairs, home improvements, a family trip ...it's not easy to afford them. what did marco rubio do? he put $22,000 in personal a republican party credit card. rubio's bad judgment caused a scandal and for five years rubio refused to release the credit card records. marco rubio: skipping major votes... all over the place on immigration... bad judgment. r he's just not ready to be president. pnright to rise usa is responsible there are many sides to basketball star an fashion icon r

tom: and i' m tom griffith. meteorologist hayley lapoint is tracking the winter storm. hayley: it looks amazing on the satellite and radar. you can see it spinning off the coast of the carolinas. the rain is almost all the way to nantucket. we have a ways to go before it gets to us. there have been a few places that have reported seeing the aurora borealis. the northern lights are clear. soon, it will all be overcast. there is what to expect. for most locations, it should be right around noon time moving in south to north. a good 5-8". there could be some power outages. and on primary tuesday, that they storm gone -- big storm gone. i will have more on the full forecast for you in a few minutes. tom: you can get the full list of early school dismissals and track the storm hour by hour. on the wmur website and our mobile app. jen: now to commitment 2016. and we' re now just 25 hours away from the first ballots being cast in the first in the nation primary. every major presidential candidate is in the granite state trying to get every last vote they can. tonight, we' re l

tom: next week three federal judges will hear the nfl' s appeal of lifting tom brady' s four-game suspension in deflate gate. it scheduled for a week from today in new york city. the judges will decide whether a lower court judge was correct to negate the brady suspension over the ball deflation scandal last year. shelley: controversy over new development project that includes a hotel, condos and a whole foods supermarket. some say it will destroy the city' >> i care what it looks like. i care what makes it special. shelley: it' s the reason zelin joined a group of residents to oppose a development, known as the harborcorp project, in the city' s north end. it includes a new whole foods supermarket. >> the big issue is the mass of the building. this would be the biggest building constructed thus far in our urban renewal area. shelley: this is an artist' s rendering of what zelin says the would look like. it would include the 40,000 square foot whole foods, a 98-room hotel, luxury condos and a conference center. the historic district commission has approved the plan. but zelin along with 200

tom: we do know the candidate lineup for saturday. invitations will be extended to donald trump, marco rubio, jeb bush, chris christie and john carly fiorina and jim gilmore did not meet the criteria for this debate. you can see that debate right here on wmur. the debate is at 8:00 and we will have a full wrapup and and hour-long edition at news 9 at 11:00 on saturday night. shelley: donald trump is still on top but has not moved. 29% before iowa and 29% now. senator marco rubio goes from 11% to 18% post-iowa. governor john casey, 10% pre-iowa and 12% post. jeb bush is slightly up, 9% before iowa and 10% now. governor chris christie is on the other end of the spectrum, support for both carly fiorina and ben carson state the same. former first lady barbara bush joined her son on the campaign trail tonight. jeb bush continued his attack on his republican rivals. joins us live. filed out of the middle school behind us. the question is after he came in six after the iowa caucus, is barbara bush going to be enough to give him a boost in ne

what is it, tom? i've reachedmy decision. you're going outwith darryl. you'll havea good time whether youlike it or not. how dare you order me around! what did you say? i'm sorryi acted that way. i have no right to tell you whomyou can or can't see. i have faithin our relationship.

tom: i' m tom griffith. the thermometer is going to keep dropping as we approach the weekend. chief meteorologist mike haddad is tracking the dangerously cold temperatures. mike: we talk about when wind chills get down to 15, 20, 30 below, frostbite can occur in about 15 or 20 minutes. we are not there just yet except in far northern parts of the state. 10 to 11 in manchester south and east. the wind still quite active, driving in a surge of arctic air but it will tend to retreat tomorrow afternoon before the real winter blast arrives this weekend. s what it feels like when you factor in the temperature in the wind. much colder air upstream moving in through the course of the next several days. tomorrow colder than today and weekend. teens to start off on saturday, which is not all that bad, but it only gets colder as the day goes on. any chance of snow over the weekend? all that straight ahead. shelley: tonight, a londonderry couple is charged with neglecting their pet dog. causing it to go deaf and blind. this is what the shih tzu looked like when londonderry police found it