erik: really? credit ridiculously low and primed for a fixed-income blowout in 2006, which we subsequently experienced. ben: not to that same order of magnitude necessarily it 2008, but in terms of the conviction that this is the wrong right and ate and has to-- r change. erik: what happens in japan and europe? ben: it is a bit of a different dynamic in japan. if you look at where the pressure can be released, the japan policy change in september, we have to have a pressure valve as physical increases come through different markets. the modelincreases toresponds, that pressure come to the equity market and currency market in japan. erik: that is the trade. ben: especially if you compare that relatively to europe. let's compare japanese examples where we are in europe. if we think we are in an environment where monetary has run out of room, you are unfortunately i get is back in some elements of policy paralysis because there is little ability in the camera institutional architecture in europe to co

erik: thank you. i am here with barry sternlicht, the man behind starwood capital, one of the most successful real estate and private equity investors. it is good to see you. you, just like everyone in your industry and finance, perhaps all of industry, trying to figure out what a trump presidency means for your business. what conclusions can you draw? change.t is a seat it is a republican senate, house, and a president who wants to do things like infrastructure spending. we are moving to a faster growing economy. determineill interest rates. the question is how much hope is there in the senate with tea party candidates that will let us increase the deficit before we see it in tax? that is the regulator on trump's fuel on the economic fire. we were going to do fine. in the economy with either president after the election. 4.8% unemployment with a wage increase, with walmart increasing minimum wage. we were seeing companies pass profits onto workers, listening to the rhetoric of the nation. wage increa

erik schatzker sat down with sebastian thrun. they talked about whether a trump presidency present a dark cloud for technology. sebastian: if you look at the stock and bond market, it has been moving away from bonds. for the tech industry, it is an opportunity. it is a great reminder. erik: peter thiel is part of donald trump's transition team. does he have silicon valley's back? sebastian: i think that is being debated. he's looking forward and silicon valley is a very democratic place. people are open to accept opinions all the time. >> what do you think he is open to considering your industry? >> i think what is going to happen -- we don't know what it means. he has not said very much, but i am optimistic. i think he has the nation at heart and i think he wants to bring us forward. erik: people know you best for being one of the chief developers behind google self driving cars. every day, it seems like the dream of autonomous vehicles are that much closer to reality. the question is how much closer? how long before we are ther

erik: 100%. i think if you are -- if you have got protection in dollar assets of any sort, i think the dollar will do well. tips is a natural home. anna: do you think the dollar continues to benefit under donald trump? one of the reasons to buy the dollar is retired creation of foreign policy fascism one of then -- reasons to buy the dollar is repatriation. erik: are we in a trump-might light world or a donald dark world? that is a big upside for the dollar relative to that. yousef: a lot of concern for major decision-makers managing serious money that there will be political pressure on the fed and a change in the composition of the fed. out one or twole or three in 2017? erik: there is always political pressure on the fed. we have a different administration and different objectives no doubt, but every administration has some concerns about the economy and want to maximize it and feels directly or indirectly able to apply pressure to the fed to try to support those goals. is this one any differe

erik: a last question on the legacy asset. does the reaction we have seen ,n the stock price motivate you incentivize you to dispose of those legacy assets that much faster and perhaps at a slight discount? >> we have already been very it,sed on disposing of expeditiously. price, we have always held out for the right price. weighing out the pros and cons, and if you look at the price we quarter,in the third between the sales proceeds, the reassurance that we retain and the tax attributes, it is north of 4 billion net proceeds. i could not give it away when i arrived at the company and somebody offered me $25 million for it. by being patient and realizing the best value, i think we will do the best thing for shareholders. erik: one of the businesses in your main operating segment of the company that you targeted for improvement, commercial property and casualty had a disappointing quarter. >> when you peel away the layers of the onion, it was concentrated in one area, which is the program's business where you have third party s

erik: which one would you bet on? >> it looks like the prospect of $40 oil, i think there would be opec andensus around not opec countries. erik: here is one of the problems, the supply picture has gradually improved in the algiers meeting in september. knowing the oil market the way that you do, how much would have to be taken out in terms of capacity to drive prices back to $60 on average were a sustained period of time? you look at supply and demand, it is generally in balance. in china,growing europe, and north america. it is about equal. you have tremendous levels of stocks around the world and it will take time to drain them off. if there were cuts, some substantial cuts from opec, that would send a signal that the stocks are being drained. erik: how does donald trump's election affect the global oil market? >> i do not know. it has drifted down in the last few days. normally, production does come up in september and october. i do not know. we will wait and see. he has fashioned himself a champion of the u.s. fo

erik schatzker with sebastian thrun from riyadh. tomorrow, don't miss it, jim chanos on the fed, the election -- he was a big hillary clinton supporter and the pending tesla and solar city merger. that's 4:00 wall street time. the growing wealth divide in silicon valley and what we can learn from the nonprofits looking to fix it. this is bloomberg. ♪ cory: twitter making changes to harassmentdeal with and abuse. it has been a top complainers -- top complaint from users and one of the reasons twitter failed to find a buyer a few months back. now users can filter out certain words and there are tools that even block entire conversations. bigme inequality is a driver of u.s. election results and sadly, quietly, the income gap is extreme and the heart of technology, silicon valley. they have 76,000 millionaires and billionaires and many of them are giving great gobs to charity. at the same time, nearly 30% of silicon valley residents rely on public or private assistance to get by. studyst co-authored a that looks at these issues in si

erik schatzker sat down with him. erik: as a global investor, because that is what you are, are you more or less confident than you would have been had hillary clinton become president? prince al-waleed: i do not like to interfere with u.s. politics. i have a very good relationship with both administrations, whether republican or democrat, and what is important are the policies -- is the policy. erik schatzker: that is what i am getting at. are you more or less confident for the prospect of the u.s. economy, the global economy, for the returns you can generate with your investments? prince al-waleed: to be honest, when mr. obama took the reins eight years ago, the us economy was -- the u.s. economy was almost in a bankrupt situation, the banking industry was in shambles. so, i think the united states will be in good shape. erik: as you know, your highness, there is a lot of concern that the trump administration will be less concerned with the middle east, because of the cost of military support and immigration. in the

erik: it is mind blowing. my big fear in that area is that he cannot deliver enough on the domestic agenda that he promised. jobs, getting the illegal immigrants out, and suddenly he sees his domestic base in the opinion polls or approval rating not very good, and he needs an extra in a enemy must. china,ts to mess with manipulating the exchange rate and that is where it is starting down this road. francine: is it a putin style? are you concerned he has become like vladimir putin? to get his approval rating up he gets more -- erik: it is not only putin. the chinese, when the growth dropped from 10% to 6% they were missing very much in the media. it is a very common thing to see , and here is a guy who is actually already said, i do not really like foreign nations and they are all cheating us. it is my fear, and not for six months or 12 months but his policies are crazy fundamentally they are not consistent or coherent. he has promised so many things and depending on how he plays this medium, my fear will be th

erik: how long do you think it will take? joe: as an early shareholder, i would like to see it earlier and i understand why other people might want to delay it. i think that is something they have to figure out. erik: of all the trends in technology today, whether it is big data, machine learning, ai or a taunus cars or anything -- autonomous cars or anything else or that matter because the list goes on, what excites you the most? joe: what excites me is how the big industries are going to change over the next 10 or 20 years. when you talk about ai, those are all tools that we use. just like to cloud is a tool we use. the real fundamental truth is data is not being used to run these ministries in the way that -- industries the way that it could be. there are platforms being put in place to harness data that for the first time is input into health parts of health care are being run it will make those industries work in a better way. so i'm excited about fixing big industries and using technology to run them. erik: one of the q

erik: why is that? user growth statistics have gotten better but has certainly plateaued from the early days. the company is cutting cost which generally is not a sign of growth. furthermore, it tried to find a buyer and failed, so why so optimistic? the market ised: very much in a rush to go up rapidly. we are in a rush also. , a friend, took over just a year ago. he established many relationships. these have to begin. i am optimistic because you have seen the latest results of twitter. clear this is our breakeven range. anything above that is we know for us. areaill believe the best -- era of twitter is to come. they have more than 100 million users, so they can still get more users. you have described some of your holdings, citigroup, 20th century fox, stocks you never anticipate selling. is twitter a forever holding, orkut something happen that could cause you to lose faith? prince al-waleed: if they are a -- weate for takeover, don't know the whole story. someer they tried or companies approached t

erik: maybe not coincidentally. bill: [laughter] no, but i do think there is a fear in the long end that inflation and growth and sometimes they go together. they usually go together, and it higher,ce longer rates even in the face of a very cautious that. cautiouse're -- a very fed. athink we're approaching point with the curve is not steepen very much, simply we have questions to how much deficit spending. the biggest question is whether the measures are regulatory, tax related, or are really make a difference in terms of u.s. growth? the structural arguments still hold sway and in terms of demographics and the lovering and technology displaced in labor, etc., etc., it is not necessarily a slamdunk despite the fact that republicans have all threhouses. : let's consider demographics and structural obstacles. can you envision a scenario, all of those things considered in which the economy grows 4% a year and in which we add 25 million jobs over who knows what time? bil: note -- that is the objective of the trump admi

erik: thank you, man. appreciate you. adelo: take care. erik: nice to meet you. lemonis: thank you, erik. now that we're headed down the right direction, i want to spend a minute with adelo to make sure that the other loose business ends that i gave him clear direction on have also been tied up. so i had asked you to take care of the employees. have you gotten that done? adelo: yes. lemonis: and you sold off all the equipment so that you could pay your sister back? adelo: no. i left it there. lemonis: why did you leave it there? adelo: i still had to pay rent. the agreement was with the landlord. "listen, i'm gonna leave the equipment." lemonis: why didn't you tell me that? adelo: that was the deal. lemonis: what deal? adelo: the eviction deal. lemonis: i don't understand. never once did you tell me that the landlord was foreclosing on you. you never told me that. that's an important detail. adelo: okay. but we didn't focus on that. and -- lemonis: it's not about focusing. i didn't know to ask, "oh, by the way, are you getting evicted?" the fact that adelo had al

erik: i hear that. i'm just trying to get a sense from you how heavy or light a hand donald trump and his administration will have when it comes to antitrust, when he appointed the attorney general and the antitrust cops at the doj or the ftc for that matter. >> i could talk about markets and businesses i am in. i am not the one to talk to about antitrust regulation. i am not the right guy. generally, i do not think: coppola's or monopolies certainly are good for the company. however, i will not get into time warner. i have not studied it. have a lot ofhey great companies under it, but i'm not here to tell you should there be or not be antitrust concern with time warner. you can ask me about my companies if you want, but don't ask about time warner. erik: i will finish by talking about aig. you have said before maybe they should consider selling off its japanese business. do you still feel the same way? last week, they had a disappointing quarter, stocks of marginally today. what is your current view? >

just email me at erik@cleveland19.com, and i'll see w ?erik, have you decided on the east side or the west side?? we haven't decided yet, but i'll get you an answer. ?thanks?. you know, if the election taught us anything, it's that people aren't shy about giving you their opinion whether it's on facebook or social media. this is your forum. you want something answered, you want something changed? tell us about it. i'll be on facebook, too. i look forward to hearing from you. now i have to find one answer for myself. ?where's the bathroom around here?? this editorial. e-mail your response to >> mariah: what was that? >> sharon: mariah, you don't understand. >> mariah: i'm pretty sure i do. you just unloaded on dylan for taking faith to nick's. and i'm trying to figure out when you decided that your husband, faith's stepfather, was the enemy. >> sharon: faith belongs here with me. it is not her decision where she that's up to me, and it's up to nicholas. >> mariah: dylan was just trying to give faith what she asked for, which i feel the need

erik, have you decided on the east side or the west side?? we haven't decided yet, but i'll get you an answer. ?thanks?. you know, if the election taught us anything, it's that people aren't shy about giving you their opinion whether it's on facebook or social media. this is your forum. you want something answered, you want something changed? tell us about it. i'll be on facebook, too. i look forward to hearing from you. now i have to find one answer for myself. ?where's the bathroom around this editorial. >> victoria: [ sighs ] >> travis: don't you want to sit down? >> victoria: well, is this bad news? because i prefer to take bad news standing. [ sighs ] so? >> travis: so, um... my ex michelle is in town. >> victoria: is that why you left the party early? to see her? >> travis: no. but i did see her yesterday. and we crossed paths again last night. >> victoria: that doesn't make any sense. you and i were together. >> travis: she was the woman that came into the underground. >> victoria: oh. okay. [ sighs ] you didn't think it was important

. >> dangerous job, i'm erik waxler. another tow truck driver is killed while trying to help a motorist. we're hearing the simple >> trying to push the false narrative that i was a supporter of the oppressive things that he did is just not true. >> colin kaepernick coming to his own defense after getting booed in miami. now he's clarifying his comments about fidel castro. >> we're letting you in on a cyber monday secret, hundreds of deals expected that most people miss out on. >> plus another look inside the busy amazon warehouse coming incredible operation. thanks for joining us on this monday, i'm dan shaffer. >> and i'm ashley yore in for deiah riley. we're going to start with a check of the weather. i don't know about you by i actually used the space heater this morning. it was a little chilly. >> i tell you what this is going to be the last morning. still hanging on to 50s but 64 in tampa. we have plenty of 60s out there. the cooler spots up to the north, mid and upper 50s. so far this season we've the nature coast.

thank you so much, erik schatzker. shorting chicken wings. let's talk about what the markets did today. here,start the stocks here which closed about 20 minutes ago now. we saw a bit of an increase and it was a bit of a confounding day. we did get a last quarter gdp revision it was better than estimated with consumer confidence that was better than estimated. the bond market didn't necessarily follow. energy shares were the weakest, not surprising given opec. those groups have been beaten up recently as we saw the years -- yields turn lower. also held on to gains. not necessarily a lot of rhyme and reason on that. no. let's take a look at the two-year and 10 year yields. both lower today. you change the color scheme, it's blowing my mind. that's interesting, because we actually got strong economic data where it ended lower. italian yields are sort of a proxy for political risk. want to keep an eye on those, those ended solidly lower at the end of the day. there you go, president-elect trump talks tough on china, accusing the government of man

erik, have you decided on the east side or the west side?? we haven't decided yet, but i'll get you an answer. ?thanks?. you know, if the election taught us anything, it's that people aren't shy about giving you their opinion whether it's on facebook or social media. this is your forum. you want something answered, you want something changed? tell us about it. i'll be on facebook, too. i look forward to hearing from you. now i have to find one answer for myself. ?where's the bathroom around here?? this editorial. e-mail your response to editorial@cleveland19.com.o ,?,? cathy's gotten used to the smell of lingering garbage... ...in her kitchen yup, she's gone noseblind. she thinks it smells fine, but her guests smell this. the odor-eliminating power to... ...remove odors you've done noseblind to [inhales] mmm. use febreze air effects, till it's fresh and try febreze small spaces... ...to continuously eliminate up to two times the odors... ...for 30 days febreze small spaces and air effects, two more ways... >> dylan: we believe adam newman, th

he spoke earlier today with erik schatzker. >> when mr. obama took the reins eight years ago, the u.s. economy was not in good shape at all. almost a bankruptcy situation. i think he has taken it and made it in good shape somehow. >> he is a long-term investor in level. and the breakeven level. >> cutbacks are on the way out rolls-royce. best known for the jets think he it in engine. the company will close the bulk safe. the lower price of oil has her .emand for x duration target posted third-quarter estimates.at beat the strong back-to-back school season boosted revenue. same-store sales fell. bouncing back from a surprise drop off in traffic last quarter. newedes unveils a convertible. it has four seats. the roski crystals embedded in the headline. it will cost $323,000. production will start next year. now for the bloomberg take where we provide issues and background on of interest. the highest corporate tax rate in the u.s. at 35%. pay lessy, they often than half of that. have a to a box of tricks for skirting taxes. the most prominent

the going to erik schatzker cofound. going to erik schatzker now. more insight on what he is learning. election victory last week, what else have executive been telling you about echo >> as it concerned saudi arabia, not much. threat that a donald trump administration could pull securityfunding for and military in this part of the world. of his effort to promote burden sharing. the conversation about the ceo ceoiemens with bob dudley, in more or results less the same answer. this may curtail spending. position -- nono what donald trump position. regardless of the administration, bp remains upportive. >> to early to make the big call on trump. >> let's not forget this is all transforming the economy. let's say a siemens or bp -- bp. saudi arabia will install. this plays very well. if all goes according to plan. that create partnership opportunities. to the saudi reserves. maybe they have not had it in past. why so many people chose to come here. this is not a business and conference. see siemens and bp and cisco. that is why you see so many entrepren

i'm erik slader. >> my family and i are happy to be in northeast ohio. we have enjoyed friendly people, amazing restaurants and things to do. at cleveland 19 will you see me from time to time doing editorials and here is how we are turning the floor over to you. cleveland 19 is about getting getting answers and holding people accountable. sure, i will take positions on things that impact us once in a while and answer your questions. questions about northeast ohio, questions about how television news works and even about specific stories that go on the air. >> air, erik, why do you spell your name with a k? >> i was told i was named a czar. >> e-mail me. >> erik, have you decided on the east or west side. >> we have not decided. i will get you an answer. >> with the election, people are not shy about giving you their opinion on facebook, social media this is your forum. want something answered, want& something changed? tell us about it. i will be on facebook too and i look forward to hearing for you. and i have to find one answer for myself, where's the b

let's check on first word news with erik johnson. erik: president-elect donald trump as a position of attorney general. jeff sessions, a staunch ally, and he also selected mark pompeo to lead the cia, according to a source with knowledge of the matter. he also tapped michael flynn as national security advisor. wouldns and pompeo require senate confirmation before assuming their roles. flynn would not. had aile, andre duda friendly phone conversation with donald trump two days ago, saying the incoming u.s. leader has used concern over europe's security and relations between the two nations -- nato allies. calm.told me to stay he said corporations would develop well and he would make sure that. this was a very good signal to me. i am pleased because i have no doubt that u.s. is: strategic partner. erik: while the did not discuss guarantees for eastern europe, he was reassured by donald trump's comments, whose comments during the campaign had raised issues. president obama is on his way to peru for an economic summit for asian-pacific c

erik: have you talked to them about today's earnings? >> not yet. ♪ ♪ juliette: you are watching "bloomberg best," i'm juliette saly. we are now more than halfway through earnings season, and this week's all reports from a number of prominent companies. we start with facebook. >> facebook shares dropping in after hours, the company reporting third-quarter revenue just over $7 billion, up more than 50% from the same quarter last year, and profit up more than 160% year-over-year. the sixth straight quarterly revenue beat for facebook, which has increased sales more than 50% over the last four quarters. it doesn't seem to be enough to impress investors as the stock plunged. what do you make of the stock performance here? our expectations for facebook and realistic? cory: expectations for a beat on expectations has been high. by any reasonable measure, this fantastic quarter for this company. if the incredible 50% growth for a business at that scale. there was not an acceleration of mobile revenues as percentage of sales. it was hard to

erik: i don't know how he reacts. with the romney story, the external story is not quite as dramatic as i feared. in a sense, that is good news. he may be messing around with the u.s. economy, week is message of our the markets are adapting and adjusting. i would suggest there is a time where the politicians have to pay attention. i -- the americans of never paid a lot of attention to the exchange rate. it's only in the last you the fetish started to move this. i would be surprised if mr. trump is on top of the exchange rate. francine: we need to have it to brexit. challengehas a legal not to consult parliament. a couple of weeks ago, high court ruled in your favor. democracy to the global audience, why should we have gone through parliament? gina: any first-year law student will tell you because we don't have a written constitution, it's made up from different strands. one is parliamentary sovereignty. only parliament can establish rights and only through acts of parliament can they be taken away. tom: i thought the

erik johnson has the details. isc: the european parliament looking at a crackdown on political opponents. tomakers called for a halt eu membership for turkey since an attempted to in july. thanalso dismissed more japan gets one more chance to salvage his campaign for president in a national televised debate. there will be a runoff election to decide who will be the republican party candidate. until last sunday, he was favorite to win the presidency but finished a distant second in the primary. mayeuropean parliament head be preparing to challenge angela merkel in next year selection. to resign as president and run as a lower house seat. u.s. president-elect donald trump is expected to name billionaire investor wilbur ross to be commerce secretary according to a person familiar with the planning. ross made his fortune acquiring and restructuring troubled properly's -- troubled properties. global news 24 hours a day powered by our 2600 journalists and analysts in more than 120 countries. i'm erik johnson and this is

erik johnson as more from london. erik: thank you. donald trump will keep up a breakneck campaign based through tomorrow. he travels through florida, north carolina, pennsylvania, and new hampshire. it clinton is going full force. she will be joined by her husband, president obama, and the first lady this evening. she will be campaigning and michigan, and north carolina. u.s.irst woman to serve as attorney general, janet reno, has died. she served under bill clinton. she was sharply criticized in her first year for ordering a deadly raid on a compound in waco, texas. she also got involved in other controversies, including when water and monica lindsay -- lewinsky. she was 78. iraqi special forces are trying to clear islamic state forces from neighborhoods in mosul. because so many civilians are staying in their homes, they are iraqis cannot rely on airstrikes from the us-led coalition. prime minister benjamin netanyahu says israel will not attend a french conference and at resolving conflict with the palestinians. he has repeatedly ca

abc action news reporter erik waxler is live at a mcdonald's on hillsborough avenue where a walkout is planned in less an good morning, erik. >> reporter: good morning, workers a this the mcdonald's on east hillsborough avenue are expected to walk off the job at 6 a.m. there could be similar walkouts at many other businesses all over the country. this is part of the fight for 15 movement that we've seen going back now. we've seen walkouts at fast workers are going to wage their most disruptive protest yet, although we'll see exactly what that entails. they say workers are willing to risk being arrested as part of this protest. the union-backed efforts are to raise the minimum wage from 7.25 to $15 an hour. there are also protests planned at nearly 20 airports around the country and by uber drivers, also child care workers. meanwhile, mcdonald's released a statement saying we offer mcdonald's employees the opportunity to develop the valuable skill beyond our restaurants. now, after the walkouts around tampa bay this morning, there is going to be a rally at city hall in st. petersburg. t

erik: 161,000 is how many jobs were created in the month of october. not too hot, not too cold, and the unemployment rate dropped to 4.9%. the big surprise in the jobs report is wage growth. average hourly earnings up 0.4% for the month of october. and 2.8% over the previous 12 months. if the fed is looking for one data point in this report to bolster the case for december rate hike, that may very well be it. >> wages up, labor force participation down. are we at maximum employment? >> i don't think we are at maximum employment. the drop of a 10th is not statistically significant against the backdrop of it up half a point in the last six months. we're going to need more evidence to see where participation is going. demographics are a headwind, given that our population is getting older, that's going to be a headwind for years to come. i think today's report shows that the job market is continuing to heal. sure, there is more progress that can be made. the 2.8% wage growth is a sign that we are getting back near fall employment. the fact that the unempl

. >> i'm erik schrader the new general manager at cleveland 19. my family and i are very excited to be in our first month we have enjoyed the friendly people, the amazing restaurants and all the great things to do. here at cleveland 19 you will be seeing me from time to time doing editorial like this. here is where we are turning the floor over to you. as you know cleveland 19 is all about getting answers. in the news department asking tough questions and holding people accountable and that's what i want to do, too. >> sure i will take positions on things that impact us once in a your questions. questions about northeast ohio and questions about how television news works and even about specific stories that go on the air. >> hey, erik, why do you spell your name with a k. >> my dad said they named me after a brand of a cigar. >> just e-mail me at erik@cleveland19.com. >> it is all about getting answers. >> erik, have you decided on the east side or web site? >> we have not decided but i will let you know. >> and p giving their opinion on facebook,

erik waxler is live at a mcdonald's on hillsborough avenue where a walkout is planned in less than an hour. good morning erik. >> reporter: things are underway outside the mcdonald's on east hillsborough avenue. we have a group of people who are protesting. it's called a day of disruption, and they are making efforts to try and get the mini now, how will this affect things today, this remains to be seen. there is police precious here at this mc-- presence at this mcdonald's location. the drive through is still open. we haven't seen workers from this mcdonald's come out here. this is a group that came in in cars and vans to take part in this protest right here. we have patricia walker here, here. >> we're here today to show support to the fast food workers going on strike this morning in 340 cities in the u.s. that are going on strike. as home care workers we're here to support them about fight for better wages, and we want them to know. >> we're hearing there could be some sort of disruptions that are planned or that people are encouraged to even get arrested today; is that true? >> w

i'm erik johnson, and this is bloomberg. nejra: thanks. now the european central banks governing council will have to decide on december 8 whether to extend its $1.8 trillion qe program beyond the current march deadline. as of now, there appears to be little appetite for tapering. guy johnson spoke about it with the honest onerous -- the governor of the bank of greece. >> monetary policy will continue to be in, writing and inflation will rise at a different -- a decent level, to present as lily lower. at the long distance from the target. far too early to be talking about tapering. >> far too early. nejra: joining us now to discuss the outlook for europe as well as the u.s. is a fixed-income investment manager with aberdeen , with $402ers billion under management. james, is it too early to be talking about tapering? james: it depends what you mean by too early. economically speaking, the ecb is still a long way from hitting their mandate. as we know, that's really not the end of the discussion of the debate here. we are probably questionin

live in tampa, erik waxler abc action news. >>> thanks erik. caught on camera, look at those people rushing in there. dozens of teenagers rushing into a store. by once they get inside they grab items off the shelves. officers call these flash mob thefts and they say they're growing on social media, gaining in popularity on social media sites. police in hartford connecticut are looking for 30 to 40 teenagers in this surveillance video alone. they stole mostly candy and snacks while they ransacked that store. >>> a durham, north carolina man is lucky to be alive after getting trapped at the bottom of this large sinkhole that opened last month. a fisherman nearby heard the man's cries for help and called 9-1-1. >> he had was shaking just uncontrollably, and you know, couldn't really verbal other than he kept saying he was okay and he wasn't hurt. >> the man is expected to fully recover. it's not clear how he fell into that sinkhole. it's located nowhere near any homes or businesses. the first hole -- the hole first opened up after hurricane matthe

. >> erik waxler shows us the critical clue left behind. >> we are living in fear. >> reporter: christine's mind is running wild after night. >> i stayed up all night long. shook of all the windows and doors, someone picked the bedroom belonging to the down syndrome daughter. >> i was very scared about that. i am worried. >> reporter: my daughter could not defend herself. can you imagine if a predator got into her home? it is the way this window was broken that is so strange. a perfectly cut circle had to be made with a professional glass cutter. whoever did it was able to reach one security latch but could not get to the window open. >> he tried to reach over here but was unsuccessful. >> reporter: investigators are trying to get fingerprints with so far no leads. birthday. >> reporter: she also has work to do with her christmas list. a new port richey, erik waxler, abc action news. >> hopefully they find that guy. >>> donald trump extending his stay in florida and this visit is causing quite the stir sending out these maps today. highlighting with different rules. in zone one no boats are

in lakeland, erik waxler, abc action news. what questions are at the top of your mind? letting us know what you want us to take action on. >>> polk county deputies renewing efforts to solve a deadly hit and run accident that has remained a mystery for two years. there is now a $10,000 reward for anyone who can help authorities tracked down the killer of jill braddock. a nissan altima hit the 20-year- and her body was in the streets before anyone found a. we are told he hit and one car is likely missing a mere with front bumper damage. >>> some details about a delay for some and track travelers to amtrak travelers today. someone died of natural causes while on the train and the passengers were kept on board. the train did eventually depart to its next vaccination. we called amtrak waiting to hear others were affected. >>> the tampa bay racers setting the record straight about reports they may be looking to move the team out of the country. the owner recently funded the stadium study near downtown montrial. we reached out to the race who said they are looking to keeping t

erik waxler abc action news.>> upset parents are sounding off on school boundary changes. enrollment is exceeding capacity and school boundaries need to be changed. parents say the changes for mitchell high and seven springs middle school would move the kids seven miles further from tonight at 11:00. we know that you want answers about the issues facing all of us. here is a way to let us know what concerns you, click on the good question logo on abcactionnews.com tell us what we can get to the bottom of for you. >>> now, abc action weather. >> good evening, a lot of clouds out there, temperatures in the 60s for most of the afternoon across the northern counties. making it to the ground, there are sprinkles and light showers. the heaviest from hernando to citrus county, pine island to brooksville and south of saint pete toward bradenton light showers, temperatures in the low to mid 60s, even tampa at 68 degrees, mostly cloudy overnight, skies clear in the it arrives coming up.>>> two brothers on trial for the murder of a veteran, the case against the brothers getting underw

. >> erik waxler has the story. >> reporter: really close to his house is where darrell ortega was playing with some friends and police say he was somewhere on hanna avenue may be crossing the street with a car heading toward those kids and that is one according to the family of darrell darll on going leaving the young boy in the street. >> i am livid that my son was hit and left to die. >> reporter: none of them can understand it. >> he didn't even get out of the car to see if i was all right. >> i feel like they are a heartless person.>> reporter: >> the only things that keeps popping into my head is seeing my baby on the ground. >> reporter: the injury to his leg is so bad there is concern he may have trouble walking for the rest of his life. >> you want to be a football player and play sports. and now that may be taken from him. >> reporter: there's also tremendous pride because s younger child out of the way before the impact. >> he is my angel in my hero. >> all we can do is pray. >> reporter: police are still looking for a newer model silver sedan that may have been involved. darrel

erik waxler spoke to evans about why he regrets it and why he did not vote in the election. >> reporter: that is right, he did not to, he also said he did not change his mind about the national anthem protest because of what anybody told him to do. >> i don't want to bring that negative energy toward my commute. >> mike evans intended to make a statement but he realizes he hurt a lot of people. >> especially those in the when i sat seeing my teammates all stand up. >> social media went wild with opinions some supporting and others bashing him including racial slurs. evans took the decision for protesting without voting. >> i tried to vote and i realized i am registered in texas and it was too late but that is my fault.>> through it all his teammates have ha back including quarterback jay ms. winston. >> mike is a standup guy. what he does on the field and off the field the type of man he is speaks for itself. >> when i was a kid i used to love standing for the national anthem and i still do love it i think of our troops but most important i think about the american population everybody

and pasco county, erik waxler >>> now the most accurate weather team in florida. abc action weather. >> we were forecast today -- overcast today and it was green today on the radar. >> may be a few spots could pick up a couple showers this evening. look at all the cloud cover. picture this early in the evening. you just know what is around the corner. is just rain. you can see the area that extends 66 miles off to the west. that is where some of these showers are. as they get closer they are fizzling out. we will continue to watch it with a chance as it comes through and then a few more spots will pick up showers. otherwise, tomorrow morning we cool off pretty quick we with northern counties noticing the change. skies will have cleared in temp tomorrow morning up north. right now low 70s in lutz and bartow 73 and 73 in largo. again primarily 60s across most of the area and the models have been very bullish saying they will cool off quite a bit in the northern counties. i think the low to mid 50s is a pretty good that around under clear skies and everybody else in

and they went right to their star back maliki wilson down the one and moments later the big fullback erik rodriquez bulls his way across the goal and xavier beat waverly shellrock . scott westerberg continues our team coverage with two undefeated teams in class 1a. denver hosting bellevue in a battle of 10-0 teams and it was all denver...sam joerger making moves as he goes 57 yards it's eli barrett on the keeper straight up the middle...denve r with a 14-nothing lead...second quarter it's fletcher anderson for 6 more as denver wins it 34-6class a action...the defending champs from gladbrook-reinbeck hosting montezuma and the rebels strike first as parker bown take the handoff, bounces it to the outside and sprints 40 yards for the touchdown. 7-0 gladbrook- r in the second he finds a hole, sheds a tackler and finds the end zone...rebels up 14-zip then gladbrook- reinbeck takes to the air...hunter lott sets up the screen to gage murty and look at him go...murty with some nifty moves and how about the downfield block from number 63 jacob walters...a 43-yarder makes it 21- nothing at half. 3r