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Transcripts For BLOOMBERG Bloomberg Markets Balance Of Power 20240713

Leader Chuck Schumer asked Mitch Mcconnell for there to be additional witnesses called in a senate trial. John bolton, mick mulvaney. Mitch mcconnell has just responded and said that is not going to happen. Democrats not going to like that response. Meanwhile, we are also getting new words from nancy pelosi about who will lead the prosecution process from the house of representatives in the senate trial. Once the houseboats to impeach president trump, there will be a handful of impeachment officials from the house who will make their case in the senate. That willlosi said not come until the next day or so. All indications are pointing toward House Committee chairman adam schiff and House Committee tworman jerry nadler, familiar faces with this process. Kevin thanks so much to kevin cirilli. Now we turn to edward evans in london. We heard Prime Minister johnson once a brexit no matter what year. Edward so much so he has changed the law so that the transition period of that will apply af

Transcripts For BLOOMBERG Bloomberg Markets European Close 20240713

And the Asset Classes over there. The british pound is weaker by 1. 5 after a big run up. 1. 35 in change, looking to get everything done by the end of december. We will talk to our next guest about whether that is actually what is going on. Gilts at 77 basis points on the 10 year. The ftse 100 unchanged, but lots going on beneath the surface, including the banks. They are lower today after the bank of england yesterday doubled the capital buffer they on the idearom 1 , that there might even be a rate cut in january. This from Deutsche Bank and potentially others. Obviously come of the scene is not so great for the british banks. Lets get to the latest on boeing. Shares falling today after southwest became the latest airline to say it wont schedule any flights on 737 max jets until april 13 at the earliest. The move comes a day after to haltet a plan production of the 737 max indefinitely. Us with an outperform rating on boeing and a price target of 100 34 per share, did southwest do w

Transcripts For BLOOMBERG Bloomberg Markets European Close 20240713

Typically on the day after thanksgiving. A little bit of a selloff in the treasury market. Yields a little bit richer across the curve. Weve been seeing this all week, even as equities did rally on monday, tuesday, and wednesday come over to those record highs. The dollar has been heading for its ninth straight day of gains. The dollar still setting up for its best month since july. And we want to take a look at crude. This is a pretty interesting reversal. He came in premuch flat on the day on wti, now down almost 4 . A lot of concerns about opec and their commitment to production cuts. Market not quite buying it. You can see that selling off a little bit as we head into the middle of the day. Lets talk about what is happening in london. We are expecting an update from the metropolitan police within the next few minutes. When that happens, we will bring you the headlines from it. A number of people have been stabbed on London Bridge. We will bring you the detail. In terms of the marke

Transcripts For BLOOMBERG Bloomberg Markets Balance Of Power 20240713

In the wake of adam schiffs private testimony taking in the deep bunker in the capital. David i find that fascinating. We have heard from republican after republican that this is so unfair. Now it is not clear that trump wants it in the public. Erik the republican messaging has been all over the map. Lately they have been congealing around the idea that Mick Mulvaney and the other lower people in the state department came up with the scheme of ukraine on their own. You are hearing that a lot from ,ark meadows and jim jordan trumps chief defense lawmakers on the hill. They are saying they presume there was a quid pro quo, they presume a tide between the as in the investigation into the bidens and trump had nothing to do with that. David it is interesting you point that out. I noticed in the bill taylor transcript of his testimony, he said he did not know the president was responsible for this. He knows Rudy Giuliani was, but he did not know whether the president was involved. Could that

Transcripts For BLOOMBERG Bloomberg Markets Balance Of Power 20240713

The freedom dividend is very bipartisan. That comes at a time when the the state that has had a president has also remarked dividend for the last 39 years about having a permanent is a deep red state of alaska ceasefire. Then, domestically, it comes at which is funded by oil. A time with the president s im saying technology is the oil impeachment inquiry is of the 21st century. Continuing and drew praise from this policy is not left, right, but forward. Some of his most ardent critics david do you agree with him . On capitol hill. Universal basic including speaker of the house nancy pelosi. David talk about the income. The dividend is different. Impeachment for a moment in connection with this. Of hiseally a shore up the reason we have a dividend is because the people of alaska cannot own, through the relationship with republicans on the senate side, some of whom statehood act with the federal government, the minerals were displeased with the pullback of troops from syria . Kevin absol

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