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Transcripts For FBC Varney Company 20240711

Country. Already getting crowded out there, including to chicago and los angeles. Always crowded in los angeles. Speaking of l. A. , the mayor Eric Garcetti is urging people not to travel or he will fine you. Also ahead, we have one Restaurant Owner who is openly defying his states mask mandate. No masks for customers, no masks for employees. Hes here in the 10 00 a. M. Hour to explain. But lets take a look at the futures, why dont we. One day after the dow surged past that 30,000 mark, just down a little bit in the premarket, as you can see on the dow and s p. The nasdaq up about. 25 . We will see where it goes today. Yes, weve got a big show lined up. Varney Company Begins right now. Ashley little bit of funk courtesy of sly and the family on this eve of thanksgiving, get you in the mood. We are also going to bring you this. Cdc director Robert Redfield on vaccine distribution. Roll it. The vaccine is going to begin to be rolled out probably by the end of the second week of december.

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Transcripts For BLOOMBERG Bloomberg Markets European Open 20240712

Germany is set to rein in public and private parties. Its inflation rate falls further below zero. The ecb may need to do more. Christine lagarde speaks in 90 minutes time. Disney cuts deep. They will lay off 28,000 workers at its resort business, leaving one of the deepest economic scars of the covid era. Welcome to the program. Just gone 7 00 in london. Waiting for data to come out from the u. K. Economy and some news expected from shell. Lets get to the u. K. Data first. This is the final reading on u. K. Gdp, coming in not far away from where we anticipated it to be. Estimate was 21. 7. 19. 8 percent for the quarter on quarter numbers. These are all negative. A retreat of 19. 8 in the second corner. The estimate was 20. 4 . Thats just a small detail. We are dealing with incredibly large negative numbers. They are very backward looking. The real question will be, how does that data perform . How has the economy performed since the Second Quarter . How will liberal perform as we head

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Transcripts For BLOOMBERG Bloomberg Surveillance 20240712

And say there was not a lot of politics or policy. Look at the post to see who won, but the wider implication is that it was chaotic. It was acrimonious. Think it is going to be hard to get a clearcut winner, or certainly it will be tense. Coverage in washington, driving the story forward to october 15. A town hall meeting in miami. First world news in new york city, here is ritika gupta. Ritika it was billed as the first president ial debate, but last nights event in cleveland quickly slipped into chaos. Insults drowned out ideas. At one point, President Trump and joe biden battled over coronavirus. He knew it was a deadly disease. What did he do . He is on tape acknowledging he knew it. He didnt give us a warning because he didnt want to panic the people. You dont panic, he panicked. The only thing i have not done a good job, thats because of the fake news. Better what you say, they give you fake press. They give you good press and they give me a press because that is the way it is.

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Transcripts For BLOOMBERG Bloomberg Surveillance 20240712

Tom francine, did you stay up and watch this . Francine i went to sleep and set an alarm to wake up. It is a bit messed up. That ist talk today, why. Tom for an international audience, to be kind, it was absolutely original. My goal today come cross the hours of surveillance, is to spin forward. Do you realize we are going to do this on october 15, in miami, with the great steve scully of cspan, in a town hall format. I cant get my head around that, but thats what we will do with Bloomberg Politics and david westin and s kevin cirilli, to recoup and prepare for the eyes of october. Francine the focus is on the polls. We had an initial post it will be interesting over the next 24 hours. We will have Leslie Vinjamuri on, polls. Leslie was tweeting last night around four clock a. M. I think she was in a pub with ferro. I dont know what she was doing. Francine lets get to bloomberg first word news in new york city with ritika gupta. Ritika it was billed as the first president ial debate, b

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Transcripts For FBC Varney Company 20240712

Joe biden got through all 90 minutes without a gaffe or no senior moment and enough energy to say to the president overshot up man. He called him a racist, a liar and the worst american president ever. Mr. Trump came on strong, perhaps too strong, he may have brought sympathy after he attacked his sons drug use. Key issues were lost in the fight, biden were not answer questions about packing the Supreme Court, he was wrong about the economy under President Trump, he tried to walk away from the green new deal, i wouldve liked to heard more about that, the president would not condemn white supremacist and did not fully answer questions about healthcare. My opinion, nobody one, voters who wanted a fight lost. Right after the debate stocks sold off, features showed a 300point loss for the dow but it has come back, perhaps because a lot more talk about a new stimulus plan and a good jobs report from adp, we are looking at a 50point loss for the dow, Minor Leagues loss for the s p and the na

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