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Transcripts For BLOOMBERG Bloomberg Markets Balance Of Power 20240712

Fight . Sen. Boxer this is Donald Trumps america. I do not think you need a special playbook. You just have to look out the window and think about what weve gone through the last four years, the chaos, the fact that we are no longer a leader in the world, our allies have abandoned us and tyrants love trump. We get hit with a pandemic and the first thing trump says is it will disappear. We have 15 cases, it is going down to one, i will never forget that day. I know we are talking about business and i honestly think he thought if he admitted what he had been told by people like dr. Fauci, the stock market would go down. If you are the leader of the free world, you have to focus on the challenges. What did he do . He passed it off to the different governors, said go forward, hardly giving them any money, and we are suffering. People are dying. People are scared. Be withk i happened to my children and my grandchildren. My husband and i said we cannot stand it. Everybody got tested, nobody

Transcripts For BLOOMBERG Bloomberg Markets Balance Of Power 20240712

Entire party further to the left . To get a sense of that, we welcome someone with vast experience on wall street as well as in washington, he is Ralph Schlosstein, cochairman and coceo of evercore. Great to have you with us as always. Youve described yourself as a fiscal conservative but a social liberal. Side, fiscal conservative are you concerned joe biden is tacking to the left to make sure he keeps the bernie brose with him . Ralph not really. If you look at Vice President bidens record in the senate and when he was Vice President to squarely obama, he is in the left center of the Democratic Party, the center of the Democratic Party. E is a procapitalist his selection of Kamala Harris as a Vice President , who while i also believe is procapitalism, sets of course which i believe is a right course for the country. Commitment to private enterprise , but also a more balanced distribution of wealth and access to health care and education as more of a right in our society than a privil

Transcripts For BLOOMBERG Bloomberg Markets European Close 20240712

Coming up, we will be talking with curtis johnson, the managing director at carlisle. Talking about what trying toericans face break into the industry. Bank and tesla are surprising reporting surprising numbers. Our guest is joining us from italy. Your metrics are strong. Been notrating has it being able to get back to shareholders because of ecb guidance . [indiscernible] the expectation is the end of december to be able to pay dividends again. A fourth quarter, are you confident you will pay dividends and about buybacks . X part of the priority. Buybacks are not a priority. [indiscernible] been inas the economy july and what are economists telling you about their mood for the future . [indiscernible] in 2021, the growth in gdp could be higher than 5 . [indiscernible] the positive trend will be in 2021 and my expectation. To take a quick break to make sure we hear you perfectly so we dont miss a word you say. We love working from home. We will get back on the interview once we fix the

Transcripts For BLOOMBERG Bloomberg Markets Balance Of Power 20240712

It is the best five days since 2006. That is how much the tech want in on apple. David it looks like we are buying bonds . Abigail there is a bit of a haven bid. You have stocks higher and bonds higher, not everybodys believing it. What will it tells about the economy and will we get a stimulus deal done . David the saga in washington continues over the possible next round of fiscal stimulus with republicans and democrats saying they may be moving closer on some issues but not so close on others. We welcome senator rick scott, republican of florida for the latest. Thank you for being with us. Give us your sense of where the negotiation is an most important, what is the biggest chasm between the two sides . Sen. Scott here is what is frustrating. Make toneed to take care of our Small Businesses and reopen the economy, and what schumer and below sea are talking about his election reform schumer and nancy pelosi are talking about is election reform, these are issues we should be talking a

Transcripts For BLOOMBERG Bloomberg Markets European Close 20240712

He c. E. O. Of verizon, Hans Vestberg as we proceed throughout the hour. Francine european economies are starting to claw their way out of recession and we had encouraging p. P. I. Physician and the confident p. M. I. Jumped to 54. 8 with the services and manufacturing sectors expanding. Joining us now from paris is william, the Bnp Paribas Group chief economist. It feels like this was a good week for europe. We have the p. M. I. More than expected and the Recovery Fund. If you look at job losses theyre going to get ugly in europe. William that is a concern i have if you look at the p. M. I. Data today. What strike is that yes, manufacturing significantly and new export levels in germany are just flying but the employment series is showing that companies are under no intention whatsoever to increase hiring and on the contrary. Thats a concern. Its a concern because the recovery will depend on what households do, how much they spend and they need confidence. Alix what is going to give t

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