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Speaker 1: News when you want it with Bloomberg News Now, I'm

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Speaker 1: Charlie Pellett. Syria's Bashar al Assad, who's landed in Moscow

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Speaker 1: after Islamists led forces entered the capital city of Damascus

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Speaker 1: and ended more than half a century of his family's rule.

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Speaker 1: And with more. Here's Bloomberg's Jumana Bversecchi.

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Speaker 2: The speed of the decline of the regime of the

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Speaker 2: last ten days really took people by surprise.

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Speaker 3: Even people within.

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Speaker 2: Syria didn't expect it to happen this quickly. And so

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Speaker 2: now the question is what happens next. And of course

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Speaker 2: the rebel groups have been led by one particular group

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Speaker 2: called hey At Tehesham HCS as they're known for sures,

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Speaker 2: they have affiliations and their origins were with al Qaeda.

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Speaker 2: There is still actually labeled a terrorist group, even though

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Speaker 2: in recent years they've been trying to sort of shed

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Speaker 2: that image and promotes more of a moderate image. So

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Speaker 2: lots of questions about what is going to happen next.

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Speaker 1: Bloomberg's Jumana Bversecchi. At the White House, President Biden said

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Speaker 1: Assad's fall represents a fundamental act of justice.

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Speaker 3: The main backers of Assad have been Iran, Hesbalah and Russia.

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Speaker 3: But over the last week their support collapsed, all three

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Speaker 3: of them, because all three of them are far weaker

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Speaker 3: today than they were when I took office. And let's

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Speaker 3: remember why. After a mass attacked Israel on October the seventh,

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Speaker 3: twenty twenty three, when much of the world was fond

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Speaker 3: of with horror, Iran as proxies chose to launch a

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Speaker 3: multi front war against Israel. That was a historic mistake

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Speaker 3: on the Rams Park.

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Speaker 1: Assad meanwhile, and his family have arrived in Moscow, where

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Speaker 1: they were granted asylum by the Russian government. Now, what

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Speaker 1: does Assad's fall tell us about Russia's power? Kirsten fonten

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Speaker 1: Rose is with the Atlantic Council. She was interviewed on

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Speaker 1: Bloomberg Television.

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Speaker 4: They have quite a bit to keep them busy in Ukraine,

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Speaker 4: and frankly, any excuse to pull fighters and equipment home

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Speaker 4: from Syria is probably seen as a welcome excuse. And

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Speaker 4: then again, remember that they may also have decided this

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Speaker 4: was not a fight worth losing those troops and that

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Speaker 4: equipment over because from what we're hearing from reports on

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Speaker 4: the ground, the Syrians army themselves simply abandoned their posts

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Speaker 4: and took to the hills when they were challenged by

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Speaker 4: HTS and its affiliates in coming. So the Russians may

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Speaker 4: also have said, look, we're not going to die on

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Speaker 4: this sword if they're not going to die on their

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Speaker 4: own sword.

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Speaker 1: Kirsten font and Rose of the Atlantic Council. President elect

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Speaker 1: Donald Trump says he will make immediate and sweeping changes

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Speaker 1: after he takes office on January twentieth. That includes pardons

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Speaker 1: for those convicted in the attack on the US capital

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Speaker 1: on January sixth, He made the remark on NBC's Meet

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Speaker 1: the Press, I want.

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Speaker 5: To look at everything.

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Speaker 3: We're going to look at into every places.

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Speaker 6: Yeah, okay, but I'm going to be acting very quickly.

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Speaker 5: Within your first one hundred days.

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Speaker 4: First day, first day, first day.

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Speaker 5: Yeah, I'm looking fish pons. These people have been there.

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Speaker 1: How long is it three or four years? President elect

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Speaker 1: Donald Trump on NBC's Meet the Press and the President

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Speaker 1: Alex said he has no plans to replace FED chair J. Powell.

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Speaker 1: The spotlight meanwhile, shifts to inflation on this week's economic agenda,

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Speaker 1: and with the look ahead, here's Bloomberg's Vinnidel Judice.

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Speaker 5: The Labor Department is set to issue the consumer price

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Speaker 5: index on Wednesday Bloomberg Economics as it could be make

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Speaker 5: or break for the Federal Reserve, which meets on interest

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Speaker 5: rates on December seventeenth and eighteenth. Based on recent public comments,

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Speaker 5: Beneficials seemed to be on the fence. The Labor Department

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Speaker 5: will also issue data on producer prices and import prices

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Speaker 5: this week, as well as third quarter unit labor costs. Vinitall, Judais,

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Speaker 5: Bloomberg Radio.

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Speaker 1: And Wall Street is gearing up for central bank decisions

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Speaker 1: in the Eurozone, Australia, Brazil and Canada, and stocks began

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Speaker 1: the new trading week at a record along with a

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Speaker 1: handful of corporate earnings reports this week. Kara Murphy is

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Speaker 1: chief investment officer at Kestra Investment Management.

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Speaker 6: If you think, I mean ultimately over the met into

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Speaker 6: long term, stocks are going to go by earnings growth.

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Speaker 6: And even with this incredible performance among the mag seven,

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Speaker 6: they've had really strong earnings growth that's helped underpin that rally.

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Speaker 6: Everybody else in the market hasn't had really great earnings growth.

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Speaker 1: Kara Murphy of Kestra Investment Management and among the name

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Speaker 1: schedule to report this coming week, Adobe, AutoZone, Broadcom, Oracle

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Speaker 1: and Costco Wholesale. Superstar outfielder Juan Soto has agreed to

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Speaker 1: a fifteen year, seven hundred and sixty five million dollar

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Speaker 1: contract with the New York Mets. It is the largest

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Speaker 1: deal in professional sports history. And that's news when you

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Speaker 1: want it with Bloomberg News Now. I'm Charlie Pellatan. This

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Speaker 1: is Bloomberg