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Transcripts For BLOOMBERG Bloomberg Surveillance 20240712

Being the final week where they really recalibrate. And remember, for years ago, this is one President Trump, with a vengeance, recalibrated. Francine yes, we look at the polls, we look at georgia. Thatof these swing states have been, for a pretty long time, read turning blue, so we will look at the polls there. And it must be election week if you are singing to me. That is what the markets are looking at, and that is, what they say, even what Boris Johnson is looking at before signing with the e. U. Tom long lines across the nation, a lot of stories and anecdotes on that. Lets get to our first word news. In new york city, ritika gupta. Ritika good morning. House Speaker Nancy Pelosi says the chamber could pass a pandemic relief package this week. Still, a deal with the white house remains elusive. The republican led senate may not act before the election. Both sides accuse each other of moving the goal posts on legislation. Mark meadows says the u. S. Is not going to control the pande

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Transcripts For BLOOMBERG Bloomberg Surveillance 20240711

The nasdaq. The trade continues tom the trade continues. Tom im looking for an entry point. They all sits, down. You couldnt trade. You are right. , 1. 05. Weaker yen today i just did the math on the surveillance. Is fine they are proposing the gdp of latvia. That is the story around big tex. Think big tech has a much bigger problem, given yesterdays session. Tom i agree totally. Jonathan maybe not latvian gdp. [laughter] yesterday was a case of buy stocks, ask questions later. There are questions being asked about this vaccine and development. The deployment, the distribution of it. They are questions we will pursue for the next couple of hours. Tom we will have some real experts on. It has got to be frozen. Theres issues. But as we heard from johns hopkins, there could be a lot more vaccines coming on. It is a stew of vaccines. Jonathan the show is just coming off the rails, which means one thing. Lisa is going to get it back on the rails. The data, lets focus on that. Lisa i could t

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Transcripts For BLOOMBERG Bloomberg Surveillance 20240712

The uncertainty is out there in the election and particularly on pandemic news worldwide. Jon ferro, we are touching 50 on futures. On radio and tv, we will do more data checks throughout the hour. Rro in withn let fe his famed cross asset that a check as well. Three big figures out on vicks. What is the data on the screen that matters to you right now . Jonathan i just think the news flow out of europe has hijacked the whole agenda morning. The data is looking at the banks and bank equities, particularly in europe. I think the banks this week are down 6 , 7 in europe. Thats where the story is, more restrictions. Macron a little bit later this evening. Reports out of france suggesting a onemonth lockdown. Chancellor merkel talking about proposing restaurants that proposing closing restaurants and bars for a month talking about proposing closing restaurants and bars for a month. It is winter now in europe. That the idea right now not only is the virus increasingly severe throughout euro

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Transcripts For BLOOMBERG Bloomberg Surveillance 20240712

The shock of the president s tweet, after down 600 points on the dow, there were two followon tweets. Adjust too amend and the specificity of what he desires versus the senate. They want nothing, Senate Republicans, and Speaker Pelosi wants more omnibus legislation. Jonathan speaker mcconnell got on the phone to the president said that pelosi was leading them along, and that anything they agreed on would not pass in the senate. That is the story. The distance between mnuchin and Senate Republicans was bigger than the distance between mnuchin and house democrats. Those two tweets overnight, lets go through both of them. The idea that he agrees with chairman powell, sure. That is political posturing. The checks for everyday americans, that was in the skinny bill republicans produced in the senate that went nowhere a month ago. We are at square one, and we never really left. Tom at the bottom of the hour, Rudy Giuliani is joining us, a ille confidant of an president. The 30 year bond gets

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Transcripts For BLOOMBERG Bloomberg Surveillance 20240712

And tom keene. We welcome all of you across the xm,on, particularly sirius jenna 119. 119. Morning channel good morning on bloomberg television. 40. 59. Oil, one of our themes today has been the hateful language we have seen from some of our talent, and i want to go to alex morales writing on your united kingdom. The Prime Minister facing a northern revolt. That is hate filled. Theres no other way to put it. What is a revolt up north . Jonathan i think it is an accurate description. Manchester is being pushed into tier three, the heaviest set of restrictions. The labour mayor is pushing back. Back against boris johnson. He is being asked for more money. That is the sense of things, that we are not in it together. There is much more Division Within countries, and not just the u. K. You have seen this playing out in spain, and you will see more of it through europe through the winter. Tom the division in america is seen by the debates last night, debates plural. It really comes down to a

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