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Transcripts For BLOOMBERG Bloomberg Surveillance 20240712

Of the council on foreign relations. Her fourth book is a revelation. Who acts next in this backandforth . Jonathan the administration has been dancing around the issue of the trade deal announced back in january. The president has stopped dancing around the issue. It means much less to me. He repeated that about three times in a News Conference yesterday, and i wonder how that message evolves in the coming weeks and months. Tom i thought it would be a lazy friday, and i was wrong. Let me give you two quick ideas. Of thew the donnybrook republicans in washington. That will be china as well. And we have statistics which speak to the summer of 2020. Honeywell is without question one of the best run companies in the world. They organic Revenue Growth was 18 . You dont need to know anything else. Jonathan we will get the earnings a little bit later in the program. Equity futures slightly negative. Gold very much in focus, approaching a record seemingly at one point this morning. Lisa it ha

Transcripts For BLOOMBERG Bloomberg Surveillance 20240712

Summer friday. Really extraordinary, like the thunder south of manhattan overnight. The thunder out of washington. I know we are talking china, but the republicans simply went down in flames yesterday. No other way to put it. Jonathan it doesnt look good not having a deal before the weekend. You need some kind of agreement within republicans for the weekend. We might not see it until monday. Not just the size difference between republicans and democrats. If it is just size, we can work some thing out. But if its concepts, we got a struggle. I think weve got a struggle on enhanced on it limit benefits. If this economy and the recovery is still constrained and people cant go back to work because these industries cant normalize, then you have got to have a tradeoff. If you want to remove those benefits, here is the tradeoff. You are going to have softer consumption through summer. Tom and big business this week, you see it in diminished revenues. It is a number you could never imagine. Th

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