against john kerry, look at this, still very low when you see the last presidential election in 2012 of obama against mitt romney. let me show you something really striking, when we come to the end of this. you can see this whittling away of favourability, politicians in general held in lower esteem. even obama, with all of the hopes that came in behind him, still not breaking clear. have a look at the end of this. they are -11 and -20 eight. as andrew said, yes, hillary clinton is the lowest they have ever been, lower than barry goldwater, but, my goodness, trump is twice as low, and that is stunning. it might partly be about the modern age, post-watergate, maybe something to do with the clinton white house in the usa, but it is still just exceptional, isn't it, to see it that low, and it explains why there is just a sense so much of real misery around the election and a sense that the candidates be better sense that the candidates be better in so many people let's ask some individual questions of these candidates. so you are asking a question of voters. are they qualified to serve as

set to hold onto their majorities in both the house of representatives and the senate. john mccain has kept his seat in arizona. after thanking voters he called on republicans 00:03:25,1000 --> 00:03:28,319 and democrats to work together for the good of the people. together for the good of the people. i promise you i will work as hard as i promise you i will work as hard as i ever have, use all my knowledge and experience and relationships and extend an open hand to our new and my colleagues on both sides of the isles, 1 president. and my colleagues on both sides of the isles, i tell you to solve our problems together as fellow americans who have more in common than we have differences. stock markets have fallen sharply as ej stock markets have fallen sharply as a victory for donald trump became increasingly likely. the market in japan and australia had initially opened higher when predictions suggested mrs clinton would win, but all major markets in the region are now down. us stock futures fell down more than 4% as results came in, suggesting a sharp drop when trading resumes on

, because the clinton campaign chairman, john podesta, came because the clinton campaign chairman, john podesta, came out at chairman, john podesta, came out at around two am., telling chairman, john podesta, came out at around two am., telling everyone around two am., telling everyone to go home, that around two am., telling everyone to go home, that they were not go home, that they were not giving up yet, votes go home, that they were not giving up yet, votes were still up yet, votes were still being counted, but within half up yet, votes were still being counted, but within half an up yet, votes were still being counted, but within half an hour, counted, but within half an hour, as the location was counted, but within half an hour, as the location was almost emptied the location was almost emptied of supporters, supporters, it was indeed confirmed that supporters, it was indeed confirmed that donald supporters, it was indeed confirmed that donald trump was the winner. that donald trump was the winner. there that donald trump was the winner. there was a that donald trump was the

needs 270 to win. that was john curtice. most polling organisations believe hillary clinton has it as things stand. let's cross to new york and join my colleague katty kay. what can we expect on this election night? i'm joined by clinton supporter michelle bernard and ron christie, who served former president george bush. how confident is the clinton campaign feeling? don't think they're taking anything for granted. the clinton campaign is hopeful that she has been able to put together the obama coalition from 2008 and 2012, latino support looks good for the campaign. she's got to be absolutely excited but not taking anything for granted. ron, i'm putting the same question to you. how confident is the trump campaign? they're cautiously optimistic. they're looking at returns from florida that indicate a lot of voting. north carolina, my brother in law stood in line for three hours to vote. strong turnout. what donald trump has to do is get an early victory on the board, perhaps in florida and see if he can beat a state that obama won in the eb beat a state that obama won in the last el

, john. applause hello, john. a applause hello, john. a nicer reception hello, john. a nicer reception than i hello, john. a nicer reception than i usually get hello, john. a nicer reception than i usually get wherever i go! i usually get wherever i go! this was i usually get wherever i go! this was perfect, we was perfect, we didn't have time this was perfect, we didn't have time this interview better, was perfect, we didn't have time this interview better, on the this interview better, on the sly, we are this interview better, on the sly, we are flagging slightly, we for for those for those who have for those who have chosen not to support for those who have chosen not to support me the. for those who have chosen not to support me the. of which there were support me the. of which there were a few, support me the. of which there were a few, i‘m support me the. of which there were a few, i‘m reaching support me the. of which there were a few, i‘m reaching out to you a few, i‘m reaching out to you for your a few, i‘m reaching out to you for your guide aps and help your guide a

polls speak to on this programme about polls here. john curtis is john curtis is there. good evening. john curtis is there. good evening. do you have do you have sympathy with the pollsters do you have sympathy with the pollsters across the pond? pollsters across the pond? oh, i certainly do. pollsters across the pond? oh, i certainly do. this is the certainly do. this is the moment when ‘ certainly do. this is the moment when all pollsters when all pollsters suddenly realise ‘ whether or when all pollsters suddenly realise ‘ whether or not they've got it right whether or not they've got it right or wrong. the whether or not they've got it right or wrong. the truth is this or wrong. the truth is this election, or wrong. the truth is this election, in truth‘ election, in truth like many us presidential election, in truth like many usi presidential election ises presidential election ises pretty‘ close, presidential election ises prettyi close, though actually, hillary close, though actually, hillary clinton's lead ‘ close, though actually, hillary clinton's lead inl close,

with today and politics. john fulton's name has now been floated in as a possible secretary of state while the world is grappling with the meaning and potential repercussions of donald trump first white house that appointment over the weekend. chairman, reince priebus as white house chief of staff and steve bannon, the former head of breitbart and a firebrand figure associated with alt-right movement. they will be equal partners in running the administration. priebus,ecting reince trump is signaling he wants to .c.ct bc swat -- d swamp-dwellers. better represents the nationalist and racist views that trump should be vocally rejecting. the anti-defamation league put callingrse statement been an "hostile to core american values. the pig was "a mockery of trump's pledge to unite the country. " andck obama had advice tough love for critics of the team that trump is building. pres. obama: i have been encouraged by his statements on election night about the need for unity and his interest in being the president for all staffs,nd that how he the first step he takes, the first impressions he

cutter sails back into a cuban harbor and is well received. if you are dumb of john, looking for an example of unruly the overarching question is this does the obama presageg to cuba dissolution of single party communist rule on the island or has it acquiesced to single party communist rule? in washington that you hear both arguments, that it has strengthened raul castro, or that this remains impossible for people to remain a close society. when obama went to cuba in march, raul castro was sitting almost in front of him in the balcony. he looked right at him and said what we have been trying to do in cuba for 55 years was not working. it did not work. he came to the conclusion that all this effort to pressure and twist cuba to implode back to revolution did not help anybody. certainly not the cuban people's interests. certainly not the interests in the region. some people in the cuban government interpreted it that way. we know that the u.s. negotiating team meeting with the cuban team with secret talks, they arrived at this point of improving relations and said we will move forward

john bolton. yesterday it was nikki haley we've got mitt romney as a possibility. >> that's the best one to me. guy who saidthe that trump would bring trickle down racism, trickle down misogyny might be his secretary of state. i think this is donald trump the media.h these throwing names out there and laughing. i will pay each you a dollar. mitt romney is secretary of state. >> that would be my next question. if donald trump's administration outis people leaking different names to keep reports off. that we such disarray were getting reports? disarrayk the reports are probably a little bit exaggerated. we're only about a week and a half into this. do a lot of preparation before they won because they didn't expect to win. we still got 60 days before he's inaugurated. i do think some of this is gamesmanship by the trump people. they're enjoying watching the name game play out in washington. also, credibly, he is seeking in thefrom people republican mainstream. good sign i think that he's bringing in a guy like mitt most vocalwas his opponent in the republican party. an oliveffering bran

freedom caucus. john boehner said this in an interview -- john boehner would have been able to make a deal without restraints put on him by his own caucus. remember -- john boehner is a friend of mine. very good politician. remember also -- charlie: paul ryan will have the same challenge. in 2011, he had obama were very close to a deal. the president changed the revenue numbers at the last minute. charlie: that is exactly what john boehner said. the president differs. larry: a handshake should be a handshake. that is a bit missing from american politics today. what is the solution? people of good will who want to help the country just be civil and respectful and understand that you are not going to get 100% of what you want. this was reagan's argument years and years ago. say, half a loaf now, half a loaf later. if you and i agree 70% of the time and we disagree 20% or 30% of the time, we are friends and not enemies. that is what our historical research -- we", would go back into the discussions. i think they are too remarkable politicians and they did a lot of good for this country.

diehard blackberry fans. blackberry ceo john chen says bloomberg tv that he has promised people a keyboard phone. it is coming. they have shifted away from making smartphones to software. that is your business flash. this is bloomberg. alix: thank you so much. their $14 billion single day sales record with room to spare. how a president like donald trump will impact their growth in the u.s. this is bloomberg. ♪ david: this is bloomberg. it is not a record-breaking single day for alibaba. the single biggest shopping day in china. they had already beat last year's sales mark of more than $13 billion. mackenziened by tom in china. does this tell us anything about the chinese economy? tom: they have racked up sales of more than $15.5 billion u.s. they broke their record from 2015. we still have three hours to go on this. this underlines why we are seeing international companies getting on board with the shopping extravaganza that puts black friday and cyber monday in the shade. adidas denver and well today. this is also a litmus test on the health of the chinese consumer, the we hav

surveys that are positive for trump? john: welcome, look, the main thing is you start to get an incontrovertible sense that the race has tightened in this last period before election day. if the colorado poll were true, that would suggest that what hillary clinton has relied on as being in the bag basically was not only competitive, but trump is ahead. if you look at that ball more closely, you will show it is only showing 9% of hispanics, which will not be at all what the numbers are like -- i think it was 14% in 2012. that poll may be under representing a key demographic in that state. if that is true or even close to true, it says something important. mark: trump has shown movement over the last two weeks. is he still moving, or has he topped out? has the clinton campaign hit back or has trump hit a natural ceiling? i believe this data is suggesting he may well still be moving and he may well be moving in a number of places in a positive direction in those red states where clinton was thinking about challenging and a positive way for him in the blue states. he is still not th

. anything still listed is sean john -- in shenzhen and hong kong. the -- thed on shenzhen is pretty -- volatile. it has lost 7.8 per year and gained 67 last year. a really big swing. month any moves by china to open up the capital markets this year. rosalind: china has said it is committed to doing this, opening markets. earlier, there was a limit on foreign involvement in china's internet banks bond market. and bloomberg reported the guidelines of the qsi asset allocations had been scrapped, and this because of the shenzhen connect opening up to outsiders to china. but it does seem that it is more popular going southbound. you so they could use half of that $45 billion project to buy shanghai shares since 2014, but chinese traders buying and hong kong, less than 20% of the closure. they: thank you, on shenzhen half in hong kong connect. ---hong kong connect. people spend less than a year ago in the u.s., which has a bigger impact on cyber monday. su keenan is here with more. what happened? reporter: you mentioned one survey shows less than 2015. usually it is a race out of the shop

. >> they have had a few incidents and we want to make sure that that gets on there as well. carol: john paulson bet on donald trump when most of wall street said, no, thanks. now he's reaping the rewards. oliver: and hillary clinton supporters on wall street are changing their attitude about a trump white house. carol: welcome back to bloomberg businessweek. oliver: in the markets and inance section, john paulson seeing a huge payoff. that nks to his bet donald trump could win the election. carol: i spoke to reporter joe light. >> he is famous for a big short he made before the financial crisis. subprime mortgage loans. made him famous. made his funds billions of dollars. and he's moving on to other issues. carol: fannie mae and freddie mac. he's also had some interest in for a good reason. joe: that's right. at fannie mae and freddie mac are at the center of the u.s. mortgage market. there are a couple companies taken over by the government in 2008. and eventually received $188 billion in taxpayer bailout money. the curiosity is that even though the government took over the companies,

security advisor. he's asserting a lot of control. charlie: also john bolton. >> he is under consideration for secretary of state. he is a controversial figure. he had to be appointed in the bush administration to become ambassador of the united nations. is considering him for secretary of state along with rudy giuliani. the important thing about all these candidates under consideration is loyalty, something we knew in the campaign donald trump prized, loyalty from people. he demands it from people. they are not giving consideration to people for top jobs in the ministration who are not on board during the campaign and supporting him. only the people in the never trump movement being considered. even if you were a republican who was neutral and were not saying anything about donald trump in the campaign, that is a knock against you right now. charlie: that brings me to steve bannon. ken, tell me who steve bannon is and why -- when they made the announcement of new chief of staff, reince priebus, it was steve bannon who led the list. he's going to be the principal strategist a

seemed like it was heading toward john bolton or rudy giuliani. many people in trumps orbit have been unhappy with those choices and were looking forward to see others brought into the mix. dissension and disruption. today, any people tried to tamp down the notion that things were going off the rails. kellyanne conway spent the day spreading a message of calm. building a government from scratch is tough stuff. form a government overnight and these are very issue -- serious issues. he is very happy with how the transition is going. he has been presented with a number of choices within each of the departments. he is making those tough decisions. we have an embarrassment of riches. mark: in case that message didn't get through, donald trump went on his favorite social media megaphone to dispute reports there were problems. the haley thing is big. no other personnel news speculated about beyond what we knew yesterday. where do things stand? john: we talked about this yesterday and we will keep talking about it. they are not running late in terms of making the major appointments. that's no

nominate georgia congressman john price for health and human services secretary. about health care technology in general, and they said that federal funding will be very important in driving initiatives forward. any idea how the congressman or president-elect trump feel about that kind of technology? kevin: this is where it gets interesting. and financialorld worlds have a dipped a little bit, that's following brexit and the election here. a top surrogate for donald trump in the health care field. he was an early endorser of a donald trump at a time when it was not politically popular to and he was the architect of the republican alternative to the affordable care act. insect --tands on finsec and other things, but he -- that remains to be clear, but he is argued against the obama administration. this signals the president-elect trump is adamant about repealing and replacing obamacare despite that 60 minutes interview where to moderate of several aspects of it. top is a signal that his rallying cry on the campaign trail to repeal obama care is something he intends to follow through

protectionism, and for more we are joined on the front by john quigley. john, walk us through what has been discussed. >> hello, tracy. major major history -- nations -- the trade is a clear area, and the fate of the transpacific partnership, which at limacally launched were rollingballs then and the fate of that agreement as we go beyond the u.s. election of donald trump and the question is whether the tbp is going to be replaced by another agreement. one that may not include the u.s. china john, how has responded to the possibility of more protectionist u.s. trade policies? president wasese speaking today at a business summit prior to the meeting, and economicized that liberalization will remain part of the chinese government program and called on other nations to reject calls to slow integration. rolet seemed to be a reversal of sorts with the u.s. commitment to free trade leaving theh china call for more liberalization. tracy: and how have apec nations questiono the rhetoric mark it seems interesting we are getting that message from mexico about possibly modernizing nafta in particular?

with. it's a whole different animal for facebook. thank you very much. ahead, john lyons said and we will talk but is complete it may be looking at an ipo and their close ties to donald trump. this is bloomberg. ♪ cory: global cao's are talking about innovation and how to diversify the saudi arabian economy away from oil. will peter thiel ring to president-elect donald trump's transition team. is one of the smartest people i know. what is unique about him is he is able to look at things from a contrary in perspective. the way he maps out the world is not the way people in the media lk about what matters. having peter there will give him a perspective. you think his priorities will be? joe: i'm not sure what his priorities will be. i think he has a lot of common sense around things that matter for the tech sector. i think peter really believes in making america a place where you are continuing to advance and build new things and think about the future. 1960'ss about how the were looking to the future and we are have that anymore and i think he's going to try to figure how to put tha

john: with all due respect to president obama - - >> for the past seven years i have established another tradition. embarrassing my daughters with a cornucopia of dad jokes about turkeys. we should also make sure everyone is having to eat on thanksgiving. the turkeys are already stuffed. no way i am cutting this habit cold turkey. john: i do. -- i know. he's a lame turkey. ♪ welcome to a very special thanksgiving episode of "with all due respect." in are mixing bowl tonight, accusations of fraud, and our good friend, bett. we are pacing herself because of the brilliant chef making his annual appearance on this set later to present his latest tryptophan laced triumph. let's start with our first course. donald trump's transition team announced more picks today. the big headline, former trump critic nikki haley has been nominated to be the nation's next u.n. ambassador. he also pegged to betty devos to had his department of education. carson was reportedly asked to leave the u.s. department of housing and urban development. he previously rebuffed the idea of being part of the of m

atlantic, there are more voices like richard branson, tony blair, john major, coming out and saying this does not need to happen. we thought it was a done deal. as an economist, you can worry about that when you are forecasting 12 and 18 months. it is making economists' jobs difficult in britain, isn't it? >> absolutely. one of the things in these uncertainty gauges is they capture the dispersion of forecasts. after the vote, the dispersion was enormous. you had economists addicting recessions. some predicting growth slowdowns. there is more consensus now. the numbers now highlight how difficult it will be over the companiesnths and how need to tread with caution. i think it will be very difficult to get a handle on how this will play out because there is no precedent for what is going on in the u.k. and what the u.k. is about to go through. decisione chancellor's to borrow more to spend, is that going to help or hinder growth? >> i will not have much of an effect. we are still focused on deficit reduction in the u.k. the point to take away is he has made room to apply fiscal stimul

better than 1.4%? >> all things being equal, it's a pretty pessimistic forecast, and i think john redwood said exactly that. what's the benefit for him not to? he has plenty in the tank if need be. he got the borrowing up front that he needs to as well. mark: what does this all mean for the bank of england? we are in the middle of the qe , the corporate bond buying program last 18 months is 10 billion. any thought of loosening of the cards? >> i don't think anything that was said today alters the bank of england. guilts? --tlook for gilts? we have come from 50 basis points in a pretty short space of time. re: just tracking what is happening in the u.s. now? points in a pretty short space of time. his trump, the bond market all that matters when it comes to our bond market? the most important thing, plus our little special brexit issues. byreferenced what was said the egyptian prime minister. don't wait around too long to raise money, because bond yields are going higher. we may move really quickly. i think longer-term bond yields are certainly going higher. mark: it's great to see you. ar

but that is a different subject. the great examples here -- john f. kennedy and ronald eagan were civil people. they did not insult, they did not call you names. when they made arguments, they tried to persuade and they reached across the aisle to et the job done. in fact, kennedy had to fight democrats and republicans, reagan had to fight democrats. charlie: tip o'neill and all of them. larry: o'neill was opposed to the reagan tax cuts. reagan, through persuasion and civility and respect, got about 75 democratic votes in 1981 to pass his bill against the wishes of speaker o'neill. by the time you get to 1986, it was nearly unanimous. i am calling for civility in the national discussion. charlie: where you think you should go to make that call? larry: everywhere. i talk about this everywhere. charlie: i have the greatest believer in this. larry: if i disagree with you, i am not going to call you names. i am going to try to persuade you based on facts and history. charlie: based on facts and history, who has mounted the strongest onslaught against civility in this campaign? based o

bloomberg. had to bloomberg.com for more stories. trump maying up, how be more like john maynard keynes than republicans like to admit. this is bloomberg. ♪ david: this is bloomberg markets. president-elect trump says he wants to repair bridges, roads and networks. is he advocating for stimulus? i mccain'sng with biographer and said no one would adopt the mantle of being a keynesian. are we seeing a 10 z stimulus shaping up? guest: i think we will get one and i don't think we will call it that. every tax bill or revenue bill has to get what is called a score. the budget office looks at it and says this is how much it is going to cost. so it is odd if they come back and scored your appropriations bill and says you have not offset it. of the things we have been seeing with the republicans they have been pushing for something they called dynamic scoring. instead of using the static gdp forecast, they take the model, get a one-year result, feed the new gdp back into the model and get next year's result. is itt eventually does makes tax cuts look cheaper. if you believe tax cuts create gro

mark: i am mark halperin. john: and i'm john heilemann. ben carson, you had one job. john: on the show tonight, conflict about trump's conflicts of interest. the state of his paper secretary of state. first, more transitions for trump's transition team. mike rogers abruptly resigned, removing an establishment national security voice and prompting the liberations about how trump will build his cabinet. he called his work a privilege, but reports suggest that warring factions, particularly those around his son-in-law jared kushner and chris christie, have gotten this building adventure off to a slow and rocky start. legal paperwork installing mike pence as the new head of the transition team is delaying coordination with the white house, and bloomberg is reporting that the departments of defense, justice, state, and homeland security still have not heard ap from trump land. today, paul ryan, who was unanimously reelected as speaker, went out of his way to defend trump's staff higher -- hire. how is the transition going? mark: not as smoothly as it could. there are factions in trump

billionaires in ireland apart? guest: john and patrick have had an external revision for stripe, more than enabling payments, but about enabling entrepreneurs to build businesses online. it is that passion, perhaps the long-term orientation they bring, that sets them apart. -- the cfo of stripe, thanks so much for joining us. has been running the show at nasdaq for the last 13 years, helping to transform the company into a tech and data business. while many in the tech industry are cautious, he is more optimistic speaking to the bloomberg surveillance team earlier today. >> you guys have to understand that we are coming to the age of machine intelligence, machine learning, and big data that has the ability to change the employment profile of this country and really on a global basis in profound ways, in ways we have not seen since the industrial revolution. that fits in perfectly with donald trump's vision of america? is it back to what we saw 60 years ago, or doesn't have to be what we saw in terms of manufacturing, but the 2.0 version? >> i will say this. there is a lot of publicity

headed to the former u.n. ambassador john bolton or rudy giuliani. many people have been unhappy with those choices and were able -- eager to see others brought into the mixed. this comes through a mixed of disruptions. many people try to tear down the notion things for going off of the rails. kellyanne conway spent the day bringing a message of calm telling reporters: a government from scratch is tough stuff. -- reporters building a government from scratch is tough stuff. >> the president-elect is very happy with how it is going. he has presented with a number of choices in each of his the appointments. we have an embarrassment of riches when it comes to those. mark: a case that was not getting through donald trump went on his favorite social mega -- social media megaphone. this nikki haley thing is big. no other major personnel news speculated about. where do things stand? john: we talked about this. late, they are not running in terms of making major appointments of who are going to take it jobs. the disarray is these reports of infighting and the fact they seem far behind in

special election coverage starting at 5:00 p.m. eastern time with a two hour with all due and john heilemann. then, our bloomberg election special the david gura and megan murphy. doing theirkets are best to anticipate the results tomorrow. there is analysts are predicting what a clinton or trump's victory will mean for the s&p 500. the banks think a truck victory could lead to selloffs. calling potentially 13% drop then. joining us from chicago now, research founder and president here in the city was mike mckee, bloomberg economic and editor. about theseing eerily similar situations of the brexit vote. a freeze in the markets, going the one way with reports. why won't this be a june 23? real feeling in the markets and elsewhere that brexit is the template. it was a different situation there. for one thing, you had a binary vote -- a yes or no. here, not only do you have the presidential race and the senate race you have millions of different kinds of referendums on the ballot. their reasons for people to turn out in ways that may influence the way that they vote. the biggest thing

you want it. carole: i need to create. ♪ mark: i'm mark halperin john: and i'm john heilemann. "with all due respect" when you say this election is enough. that was a gladiator joke. on our menu tonight, some juicy fbi updates. the deep dish and buffet of other news. a free range cut of the sights and sounds of this busy day on the campaign trail. >> what's up fayetteville? >> i'm happy to be at the hom

surprised that we did not see inflation sooner as the speech john was mentioning. jonathan: some further evidence is what we're told they need see. what do they need to see they don't see now, between now and december to hike rates? >> that's, of course, completely unclear, and that leaves a lot of guessing in financial markets. i can tell you equity investors come up with one answer, and rate investors come one another answer. it's not very helpful to say some further evidence. but i think it is a cryptic, secret language for saying we need to see continued job growth in the numbers today of 150 to 200,000. we need see continued wages and inflation, and if we are not seeing a dramatic breakdown in data, we are going to go in december. i think that really is what they're trying to tell us. jonathan: deutsche bank chief international economist and managing director. let's get an update outside the world of business. >> john, four days to go before the presidential election. both candidates campaigned in one of the battleground states, north carolina. hillary clinton took the stage with he

iran. reporter: so would you -- [no audio] john: -- haidi: having some technical difficulties. let's check in on the headlines, including one of our top stories. new zealand central bank saying it has done enough to return inflation after cutting interest rates to the fresh record low. to 1.75%. inflation has languished below, 1.3% target for two years. the strongest growth seen in the developed world. the kiwis are rising on that statement. >> monetary policy will be accommodated. current projections and assumptions indicate policy including today's easing swissie growth shrine have to have inflation near the middle of the target range. at someormer officials of south korea's biggest companies have been questioned with peddling investigations linked to the president. he had summoned executives from lg, s k group and others. accused the president's friend of coercing companies into making donations. the european commission going to court over a record $14 million tax bill on acid -- apple. they went against the command that dublin lent money. tax have a campaign against avoidance in

: election special on uesday night 7:00 p.m. eastern mark: i'm mark john: and i'm john. "with all due respect when you say this election is enough. mark: on our menu tonight, some juicy f.b.i. updates. buffet of other news. john: a free range cut of the sights and sounds of this busy day on the campaign trail. >> what's

remember me showing up in 2005 when john kerry lost a press election. the leader of the senate had been dated. there were only two democrats that one it nationally. republicans controlled the senate and the house. democrats were, winning back congress and then i was president of the united .tates things change pretty rapidly. they do not change inevitably, the change because you work for it. democracy is not supposed to be easy, it is hard. in a big country like this, it probably should be hard. mark? good to see you. >> they could. mr. president, what can you tell us about the learning curve on becoming president? can you tell us how long it took you before you were fully at ease in the job, if that ever happens? did you discuss this matter with the president-elect? look, i thinka: the learning curve always continues. job.is a remarkable it is like no other job on earth . it is a constant flow of information and challenges and issues. now -- trueror now than it has ever been, because of the connections of the regions of the world. if you were president 50 years ago, the tragedy in syri

markets and finance section, john paulson seeing a huge payoff. carol: i spoke to reporter joe light. a big shortous for he made before the financial crisis. subprime mortgage loans. dollars.of and he's moving on to other issues. carol: fannie mae and freddie mac. he's also had some interest in for a good reason. that's right. at fannie mae and freddie mac are at the center of the u.s. mortgage market. there are a couple companies taken over by the government in 2008. and eventually received $188 billion in taxpayer bailout .oney the curiosity is that even though the government took over the company's, they left a lot of fannie and freddie, and shares. at the time, they seemed worthless. as the mortgage market started investors,rtain paulson among them, though we don't know when he bought his shares, they started to see the value there. >> he is making money on it? >> the share prices have risen a great deal since the drop of the crisis. fannie and freddie's bailout. all the profits to the u.s. government. all the profits to the u.s. government. the seal those profits start flowing t

whole world into a recession that would be hard to get out of. emily: blackberry ceo john chen. we will bring you more reactions from silicon valley, including mark zuckerberg on facebook's role in the election. we also pick up some of the themes with the alibaba president. that conversation, next. this is bloomberg. ♪ emily: alibaba has done it again. they toppled their single state record. sales on the site over the 24 hour promotional. climbed 32%. that is about 7.8 million u.s. dollars. about thehn chen success. >> the absolute value of what we are selling on the platform right now is not the most important thing. what we are focused on are the brandss of thousands of where selling on the platform and the experience they're having connecting directly with consumers and we are focused on consumers who are experimenting with new ways for them to interact with the brands. through ar, through vr, through live streaming, and did from wesley of not tried in the past. consumerseen fun for engaging and educational. realizing that we have an opportunity to see the strength and resilience o

utah, where the independent candidate has fallen back to third. so, john, we will talk about the polls that are good for hillary clinton, but what do you see in the surveys that are positive for trump? john: welcome, look, the main thing is you start to get an incontrovertible sense that the race has tightened in this last period before election day. if the colorado poll were true, best news of the group, because that would suggest that what hillary clinton has relied on as being in the bag basically was not only competitive, but trump is ahead. if you look into that poll more it is onlyu will see showing 9% of hispanics, which will not be at all what the numbers are like -- i think it was 14% in 2012. that poll may be under representing a key demographic in that state. but if that is true or even close to true, it says something important about what is going on in this race. important. mark: trump has shown movement over the last two weeks. is he still moving, or has he topped out? has the clinton campaign hit -- what back or has trump hit a , natural ceiling? he is lower than 5

soccer team heading to columbia for hmb john mack. -- for a championship match. the man who attacked fellow students at ohio state university with a car and 90 yesterday had complained about the treatment of muslims. knife yesterday had complained about the .reatment of muslims 11 people were injured in the attack. a campus police officer shot and killed him. four of the 11 victims remain hospitalized. by high windsed swept through tennessee, quitting parts of the great smoky mountains. forcing thousands from their homes. national guard troops are on the scene to help overwhelmed firefighters. at least 100 homes have been damaged or destroyed by the flames. more than 20 wildfires are burning throughout the southeast. global news 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. i'm alisa parenti. this is bloomberg. saysr: mark mobius president-elect donald trump would probably be successful in reviving the american economy and he says that would be a good thing for everybody, including emerging markets. he explained why during a b

, civility is a sign of weakness to turn john kennedy on his head. the people who now are in control, and people like norm ornstein and man have argued this is asymmetric and true of both parties but more on one side. that if -- that if the republicans see that on the congressional level they have succeeded by doing what doris thought would not -- we're not going to cooperate. we're not going to sit down and he's a legitimate president. i would love to believe -- if aaron sorkin could write the next six months, i would have some hope. but i don't -- i don't see -- charlie: west wing ii? jeff: i don't see the mechanism. and maybe somebody can convince us. charlie: and is there a way -- >> and then the question is, in -- as we have been thinking for the last year and days, and hours about the possibility of a trump administration, i have often thought, well, if that were to happen, would the democrats remaining -- if they controlled the senate or didn't, would they somehow behave differently than the republicans in a similar position? would they not be obstructionist? i don't think we

, we told you about a scoop by our colleague read john about howard dean. dean just tweeted on the topic. joining us now from los angeles to talk more about the aftermath ,f tuesday's stunning election we are joined by tavis smiley. have is, what you think of this what you think of his tweet? >> would think i've said about howard dean that i find that's one thing about howard dean that i respect is that he says that democrats really need one, defining strategy. he really advances and engages this notion of a 50 straight strategy. again, i think that democrats could do much worse. you are a democrat, or you?-- arent' >> i've never said it publicly. however, i will say that i did not vote for donald trump. >> with the senate and house of republican majority, a full washington of republicans right now, what do you think? >> them aggressively to accept that donald trump is our next president. proteststened by the in the streets by the people who do not want to accept the particular narrative for what we want our country -- for that narrative for what we want our country to become. demo

will be today. a strategy review coming out led by john parker. what he is suggesting is that they are sole supplier in building warships is not the way that the u.k. should proceed. let us move on and talk about cds and the banking sector. this is not good news. they are overtaking deutsche bank. at 224. trading telling you how difficult it is for the italian banks right now. this continuing focus on some of the big ones. a quick look at brent. this is where we are trading right now. 47.80. you get a deal, up. you don't, down. that is goldman's take. statoil's take. oil -- opec ministers in vienna tomorrow seeking a bid to agree on output cuts. a monk splits remain members with saudi arabia saying output is notg essential for crude to recover. the norwegian oil and gas giant, statoil. joins usf the business now live from paris for an exclusive interview. thank you so much for joining us here on daybreak. i want to ask you about your expectations around tomorrow. how hopeful are you? there is obviously a lot of interest about the meeting tomorrow. it is people talk about more likel

elemental question of service, military service. it was a defining one. sununu torom john you. bush nurtures the collapse of the soviet union. he kicks them out of kuwait, and he loses. mitterand loses. moroni loses in canada. the japanese prime minister loses. the australia prime minister loses. inramatic shift occurs international affairs. jon: the governor is right. it was a sense of an order changing. jon: exactly. charlie: and how it shaped the world. how fast it happens. look at the summer of 1945. winston churchill was given the order of the boot, as he put it in his memoirs. after six years of harrowing experience and a standoff against hitler's, i was dismissed by the british people from any conduct of their affairs. and his wife said it was a blessing in disguise. jon: exactly. this is important, this question, because i actually believe that george herbert walker bush has more in common, ,ulturally and temperamentally with the founding fathers than he does with current politicians, born into a part of society were public service was expected of you. this is not to make hi

speaking, too. that is all for "what'd you miss?" john: was all due respect to chris christie, don't worry, you can still bring donald trump to mcdonald's. ♪ john: the democratic party contemplates its future and the world loses a musical genius. but first, contemplating an insider cabinet. donald trump was hold up inside of his skyscraper. inside, in addition

with a two-hour with all due respect special with mark halperin and john heilemann. at 7:00 p.m., election special with david gura and megan murphy . coming up, more on the u.s. economy. joined by austan goolsbee from the university of chicago school of business and the foreman chairman of the council of economic advisers. this is bloomberg. ♪ vonnie: this is bloomberg markets. i am vonnie quinn. a long race for the white house with campaigns by hillary clinton and donald trump that they did two visions of america that were very different. here is austan goolsbee, an economist at the university of chicago who served under barack obama and is supporting mrs. clinton. he joins us from chicago. pass this campaign been any more bitter -- that typical campaigns. austan: it has been horrible, the most bitter campaign of our lifetimes. we have seen bitter campaigns in our lifetimes and hopefully we can get past it. vonnie: what will be the outcome? apart from the result, is this country still very much divided? austan: on some things, for sure. i just hope that with the election over

john: i'm john heilemann. mark: and i'm mark halperin. and "with all due respect" to mitt romney, who is reportedly having dinner with donald trump, would you consider secretary of steak? ♪ mark: it has been a news filled more fallout from fidel castro's november monday. and an attack on the campus of ohio state university this morning. we start the week with three unsolved mysteries. we would get to the mysterious case of the green lady's recounted in a moment, but first, the riddle of kellyanne conway and an ongoing secretary of state thrilla. it took a few interesting twists. for some time it appeared that trump had narrowed his choices to former gotham city mayor rudy giuliani who has been pushing forward his own presidential credentials, and to mitt romney, the former republican presidential nominee, and in the past a vociferous critic of donald j. trump. amidst giuliani frequents of appraisal, his chances were said to have diminished. also, push back against romney from other trump supporters and 80's -- aids and a brazen series of rebukes from transition adviser kellyann

learn a lot. emily: you mentioned you meet with mark and john and brendan. how do you see instagram taking advantage of the more futuristic things that facebook is working on like virtual reality? kevin: if our vision is to make you feel like you could travel anywhere in the world in a fraction of a second and experience whatever is happening in the world imagine a day when , you put in a headset and be at a coldplay concert, seeing something happening like a big protest or riot anywhere in the world. or something as simple as a friend's wedding. that is the kind of experience we would love to create and i think virtual reality in the coming years will play a critical role in seeing that vision come true. emily: how about artificial intelligence? kevin: we use that today. that is what powers advertising and making sure we have the right amount of targeting. emily: will we see more of it? kevin: for sure. oh, one thing i've learned is the more personalization you have, if we can have an experience that caters to you, you the individual, we know your interests and what you engage with

the blackberry ceo john chan and what his thoughts on what a donald trump win means for business. this is bloomberg. ♪ emily: the alternative energy saw a drop after the election donald trump. is a longtime climate change denier who has vowed to undo clean energy. tesla shares slid off the news along with solar city and others. this is one week before tesla and solar city shareholders vote to approve it to alien dollar merger. -- $2 billion merger. leaders are speculating on what a donald trump president means for business. i sat down with john chan and began by asking what it means for black area and business. >> this came out of nowhere. it's pretty shocking. erik: what does it mean for blackberry? optimist so i think about it in a good way. it's reality3.it happened so we need to make the best out of it. nobody really knows what he will do next. pro-business and a small government, less regulatory, it will actually be good for not only the tech industry but for thinking -- but for tanking and many different industries. on who hech depends taps for the people who surround him

was heartened by that. that is what the country needs. john: mark, you and i were at hillary clinton's punitive victory party, and we saw the mood shift from apprehensive to shellshocked. so my question for you one is , what the heck happened yesterday? and the second is, how is it so many people missed it so totally? mark: i think people do not -- people in elite circles did not understand that donald trump had a chance to win. second is when the incumbent is , below 50%, you would assume in a normal race that the challenger will get a lot of the undecided vote. i think a lot of people just do not read the polls that way. kellyanne conway kept saying, she is well below the last thing 50. is that there is a human element to politics. aggregateites that goals and say donald trump's chances are at 13%. all they are doing is looking at polls. they are not watching the candidate and talking with voters. if you did that, you saw it was a changed election. you saw a candidate that was calling for change, and another that was a creature of the washington establishment. mark: i will

important u.s. news. john deere is such a bellwether for america, for international sales. howard ward, in a million years, this is one of the oddest press releases i have seen. deere,fic beat by john all due to cost cutting. the estimate was $.39, and they came in with $.90. directly above it, fiscal year sales growth, -1%. it is almost like the model of your world on steroids. cutting costs works. howard: it works, but the market does not pay up for that. you have to have the top line. that is a short-term thing they can do to help earnings. but without top line, the stock will go nowhere. tom: agriculture and turf sales, down 5%. that does not even include the john deere zamboni that i bought for the backyard rink. are you more optimistic about those kind of companies, given the trumpet economics? howard: not necessarily. if you start talking about things tariffs on items in the country, they will start wha cking u.s. farm exports. i would be cost us on that. because john deere is commodity ag driven, it is a different cycle than the rest of the economy. tom: we use apple as a metap