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Transcripts For BLOOMBERG Bloomberg Markets Americas 20240712

Sen. Harris the American People have witnessed what is the greatest failure of any president ial administration in the history of our country. Vp pence quite frankly, when i look at their plan that talks about advancing testing, creating new ppe, developing a vaccine, it looks a little bit like plagiarism. One, joeis on day biden will repeal that tax bill, and what he will do with the money is invest it in the American People. Vp pence weve already added back 11. 6 million jobs because we had a president who cut taxes, rolled back regulation. Sen. Harris the president s trade war with china, he lost that trade war. He lost it. What ended up happening is because of the socalled trade war with china, america lost 300,000 manufacturing jobs. Vp pence lost the trade war with china . Joe biden never fought it. Joe biden has been a cheerleader for communist china over the last several decades. Alix the question is, has that been the last debate of the election cycle before november 3 . Presi

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Transcripts For BLOOMBERG Bloomberg Surveillance 20240712

. O a presumed debate october 15 crisis, go to cash. Do you understand we are 3 from a dow record high . Jonathan the narrative has really shifted away from the worries about a contested election, and now the conversation about the potential of a blue wave. No question about it. We like to see more polls coming out. The candidates really migrate to arizona today and tomorrow to come off the messaging from utah. Have you seen the polls for going to be at polls from quinnipiac . A fivepoint lead in iowa for biden. The average right now, 9. 4 points to biden. I feel you, tom. I get it. Everyone else does, too. They are conditioned by the experience of four years ago. That is a conversation with kevin later this morning. Tom again, i look at the markets. The doom and gloom out there, the vix, the volatility at 28, im sorry. Look at the equity recovery and look at corporations adjusting. This breaking ibm news is important. Jonathan after a big acquisition last year of red hat, the restruct

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Transcripts For CNBC Squawk Alley 20240712

And s p 500, nas in six weeks. Yeah. Well start with tech. More broadly, ipos and big tech valuations have been surging culture questions continue to brew in Silicon Valley as well i want to talk about that and a lot more with long time venture capitalist whose newest venture is a private and middle school with entrepreneurship baked into the curriculum Draper Associates founder tim draper joins us now. Tim, good to see you i want to start with your take on these markets i was talking just yesterday to the founder of rike. He said he isnt going public this year because he underestimated how well the ipo market was going to perform in a pandemic has that surprised you and what are you saying about it to your Portfolio Companies . Absolutely. I was blindsided i didnt realize that the government was going to print 13 trillion it has been strong for bitcoin and it sure has been good for the Public Markets particularly the tech stocks that have benefitted from that and i think people many p

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Transcripts For BLOOMBERG Bloomberg Markets Americas 20240712

That runs the debate said the event would be virtual. Mr. Biden says he would take questions directly from voters on october 15 and is asking the Debate Commission to move the debate to october 22. The president says a virtual faceoff is not what debating is about. Mr. Biden says the president is trying to evade accountability and does not want to face questions about his failures on covid and the economy. Global news 24 hours a day, onair, and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. Vonnie it is 1 00 in new york 6 00 p. M. In london, and 1 00 , a. M. In hong kong. Im vonnie quinn. Welcome to bloomberg markets. Here are the top stories from around the world we are following. The move toward a steady business. Morgan stanley announcing that it will by money manager eaton vance. We will talk to mike mayo about the acquisition and what is ahead for big Bank Earnings. President trump says he w

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Transcripts For BLOOMBERG Bloomberg Markets European Close 20240712

Going on. European Equities Trading higher , up by 0. 9 . The Energy Stocks are doing relatively well today. U. S. Equities are also pushing higher, up by zero point percent on the s p 0. 6 on the s p. The cable right around 1. 29. The consensus seems to be at the moment that we are nudging towards the possibility of a deal. Then lets talk about what is happening on the periphery. Greek bond yields hitting a record low today on the 10 year. You are seeing spread compression when it comes to italy. The market is worried about spain, but nevertheless, the idea of redenomination risks fading, this rescue deal which may or may not be on, and the possibility of more qe all combining. We will talk about whether that is a real refraction a real reflection of where risk lies in europe. Alix and the virus cases all over europe leads to the view on the economics, spain versus greece etc. The u. K. Also preparing new curbs that could shut down pubs and restaurants as early as next week. Bloomberg

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