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Transcripts For BLOOMBERG Bloomberg Markets Balance Of Power 20171129



wanted, which could wreak trigger tax increases that could whena risk for the senate it goes for a vote, possibly as soon as tomorrow. we speak with kevin cirilli. what is the danger that conservatives will go against the bill based on this trigger? kevin: mitch mcconnell is saying they are our will move ahead with the motion to proceed in order to have this vote on the tax reform package tomorrow. a deal being reached could mean the public and leadership as coulds senator corker, resolve. should the tax plan not be able enue as aenough rev mechanism for economic growth, there would be an austerity trigger that would drive up revenue for the government to collect, still being deciphered as we speak. all systems are go for the senate passing this tomorrow. president trump is going to be back in missouri this afternoon and he will be trying to drum up support. hery: that satisfies defecity hawks, buteficit what about senators like ron johnson? kevin: those folks are m ....

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Transcripts For BLOOMBERG Bloomberg Daybreak Americas 20171204



at what stake a look going on in to those brexit talks. the pound is up by .2%. stronger dollar story throughout the day and dollar-yen is up to .6%. 58 basis points. that s really steep. time for the morning brief. ahead.a look at the week today theresa may is scheduled to meet with jean-claude juncker. then social democrats hold their convention. congress has to act to avoid a government shutdown and we are also going to get on friday u.s. jobs numbers. big week ahead. topics tax, u.k., cvs buying aetna. the talk on the talk shows was all about taxes. had towhat the senators say. when you heard the president say we are very close to the finish line you know he has wanted a 15% right from the beginning. is parted to a 20% rate of the discussion. the house as a 20% right now. we are happy with both of those numbers. if something small happens in conference that gets us across the finish line we will look at it on a case-by-case basis. business tax all the way down f ....

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Transcripts For BLOOMBERG Bloomberg Markets Americas 20171205



technology specifically. we have investors and traders coming back and attack after that rotation out of it, a couple of times notably in the past week, most recently yesterday. the dow, not much changed, hitting a bit lower. that s a different picture than we saw yesterday. here s another way to look at it. you can look at it as value versus growth in this market. here s a way to compare. the s&p 500 pure value index and the pure growth index. in the gap between the two in terms of their percentage performance. and what we saw yesterday was the gap between the two, value beating growth by the most since the election. it s come down a little bit today, but still beating it by a fairly wide margin. since again reflective of this rotation that we ve been seeing again out of technology and into financials has been the trade. in terms of other groups on the move today, we are watching telecom and a number of executives are presenting at ubs conference today. sprint, one of ....

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Transcripts For BLOOMBERG Bloomberg Daybreak Americas 20171205



teleconference releasing results of the fourth quarter ceo outlook survey. finally today, the international olympic committee will meet in switzerland to decide on russia s per dissipation in the 2018 games and south korea. their decision is expected at 1:30 p.m. alix: that will be interesting. david: there is a drug thing going on. alix: i would like to be a fly on that wall. top stories this morning with first take, deutsche bank, tax reform and brexit. joining us is the editor in chief of bloomberg news and our chief content officer. marty, what is robert mueller trying to ascertain with a subpoena? we do not at the question of the relationship between donald trump s businesses and deutsche bank has been subject of inquiry ever since he became a presidential candidate. totsche bank has refused comment on the relationship, but now he has turned over documents to robert mueller and the thought is it is the relationship between donald trump and russia and whether thos ....

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Transcripts For BLOOMBERG Whatd You Miss 20171205



33-3 with nine abstentions on that resolution. the crisis has left people dead 600,000 toand driven neighboring bangladesh. in a session that ran 20 minutes over its allotted hour, supreme court justices peppered both sides with questions and dropped each other as they debated whether a baker bakeries trumps of speech rights freedom of speech rights. baker s firstthe amendment claims of artistic freedom against the antidiscrimination argument for the colorado commission and the gay couple of the baker turned away in 2012. this is bloomberg. julia: lives, in new york, i m julia chesley. joe: i m joe weisenthal. julia: the s&p, a brief tech rally. joe: the question is a what d you miss? why the inclusion of the alternative minimum rate was going to leave many tax firms with higher bills. conference,media mark thompson joins us. and wall street banks on the wrong side of the law? whether jpmorgan and others have played a crisis to attract business from hedge funds. w ....

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