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Transcripts For BLOOMBERG Bloomberg Surveillance 20240712

A simulcast on bloomberg radio, bloomberg television. We welcome all of you in europe and the challenges there, and we will get to you in a moment, and all of you across this nation. It has been week after week at an 800,000 level, even up towards one million a month ago, and the news slow is simply extraordinary. Jon, you have been way out front on the distinction between the virus and pandemic on the continent of europe over to the united kingdom, and the difference with the United States. How urgent is it for mr. Macron, chancellor merkel, and Prime Minister johnson . Jonathan becoming more difficult, and the problem they are having is localizing the effort. Many people in parts of the country that are facing tougher restrictions are asking, what about everyone else . That is the story in the u. K. As london gets upgraded to a new tier and faces tougher restrictions. As we get deeper into the winter, it is not just about the caseload. I think they are much more keen to emphasize and

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Transcripts For BLOOMBERG Bloomberg Surveillance 20240712

Tom jon, get out of the sand trap, or whatever he said last night. Just absolutely extraordinary. We have been talking about it all morning. I would think the worldwide audience must be. Just extraordinary. Can we also note there is a job economy coming up, and maybe the next debate they can talk about where this unemployment factor is maybe going . Jonathan and maybe the csuite is still very strategic about when they drop bad news. The Walt Disney Company talking about dropping 28,000 jobs a few hours before debate. Tom well said. Jonathan it is amazing for me to wake up this morning, to watch back at that debate and hear the former Vice President call a sitting president a racist, and it doesnt even register. It is not even a headline this morning. That speaks to where we are at currently in the political discourse in washington, d. C. Tom some of the discussions on the white super missy issue last night are beneath the fold because of the turmoil, the emotion, the rage and the rank

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Transcripts For BLOOMBERG Bloomberg Surveillance 20240712

And tom keene. A postdebate bloomberg surveillance. We welcome all of you on bloomberg television, Bloomberg Radio across this nation after an extra ordinary evening observed by all last night. We have good analysis through forward in the view towards october 15 and the second debate. I know we are going to try to focus on where we are in economics, finance, investment and that. Ive just got to go to your observation of seeing the debate from london. Was london engaged in that of a last night in the debate last night . Jonathan it was the talk of breakfast this morning, i can tell you. I was watching it on my phone and the waitress came over and discussed what she thought as well. I think many were surprised come about at the same time, what else did you expect when you were going to put these two people in the same room on the same stage . Tom you are absolutely dead on. When they started in last night with Chris Wallace, at times almost debating with the president , to see what they

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Transcripts For BLOOMBERG Bloomberg Surveillance 20240712

Virtual intelligence with francine as we drive to the worlds challenges coming out of the imf. What is amazing to me today, just one observation, it is incredible in the major media on a monday morning, 22 days into the election, how joe bidens schedule, how his policies are buried. It is 100 trump, top to bottom, in the zeitgeist. You wonder how Vice President biden manages that in ohio over the next 24 hours. Francine i remember at the all hasg, telling us it to do with a referendum on President Trump. Tom never seen it. Francine turnout on november 3. Plenty more on that. Lets get to first word news with Corinna Mitchell. Corinna President Trump and nancy pelosi are blaming each other. Republicans are having a hard time with pelosi. Pelosi called the offer grossly inadequate. The two sides are about 400 billion apart. Even if there is an agreement, is not certain republicans would approve. Neel kashkari warns it needs stimulus. The economic recovery has flattened out. He says we wil

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Transcripts For BLOOMBERG Bloomberg Surveillance 20240712

The news flow absolutely extraordinary. I want to get to the markets in a moment. The president tweeting. Weve got two longer tweets today. Both tweets say get out and vote. We will leave it at that. I am sure we will hear much more from a president in the white house today, masked or massless, as well. I want to go to it is clearly the market story, and a nice recovery here with yields getting right back to the enthusiasm of yesterday. Jonathan i think the three issues youve got to look at, one is the improving health of the president , according to his doctors. Another is the momentum. Three if the prospect that we dont have a contested outcome. Going off of the national polls, and i know the risks around that, this is a snapshot of where things are, not a production of where they will be. The snapshot right now, 57 40 1 , according to the poll yesterday. Cnn, the 57 being joe biden, and 41 being donald trump, that poll conducted from october 4. That is important because we have been

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