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Transcripts For BLOOMBERG Bloomberg Surveillance 20240712

Forward today. I think lisa is going to talk about it. The last moment i saw as we wait for washington to awake this morning with the president nudging away from the republican reticence more towards the place of Speaker Pelosi. I have no idea what that means. After what we went through yesterday, we are littered literally we are literally monitoring when does the president wake up and advance his campaign through any actions throughout the day. Jonathan we understand there will be an interview at 8 00 p. M. Eastern on fox news. 1 3negotiations for me, the of the negotiations that really matters and has hardly moved, Senate Republicans and leader mcconnell. Where are they in this . Weve heard from mnuchin, from the president , from Speaker Pelosi. Mcconnell is on the sidelines. Hes the guy that finalizes that deal. T ....

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Transcripts For BLOOMBERG Bloomberg Surveillance 20240712

A simulcast on an important friday. So many days to the election, 25. Thrilled you are with us on radio, on television across this nation and around the world. I want to look at the markets as we frame up Michael Shaoul to join us in moments. Up 15 in a bid to the market. 3 below record highs. With that, some nice confirmations of good global news. Look at renminbi. Jonathan up on the week by about 3 on the s p 500. On ther chinese currency return from the holiday. The narrative has shifted aggressively, and in a short amount of time, from fears about a contested election to the potential of a blue wave. What we discussed in the previous hour is something we need to discuss in the next hour. How vulnerable is that newmarket market narrative shifting things around . Jonathan the Political Landscape here is most interesting. The president so far quiet on twitter. Hugely ac ....

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Transcripts For BLOOMBERG Bloomberg Markets Americas 20240712

Jon ferro has been calling it. Guy we are monitoring the stimulus story beat by beat. Nancy pelosi will be talking around 14 minutes. We are going to get a sense at that point whether or not we are making progress. That could certainly be market moving. We will bring you those headlines as soon as we get them. Lisa the white house has been pushing for a largescale deal again, off again, on again. Wants alosi says she more comprehensive fiscal bailout as a result of the pandemic. Emily wilkins joins us now with the latest. Emily if anyone is confused about where things are with the stimulus deal, you are not alone area Senate Majority leader Mitch Mcconnell said yesterday he was feeling some with lash some whiplash with all of the backandforth we have seen this week. House Speaker Nancy Pelosi is
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Transcripts For BLOOMBERG Bloomberg Surveillance 20240712

President trump in florida, i noticed about an hour ago. He will leave in the early evening. I believe Vice President biden scheduled for ohio. What is so odd is the relative invisibility of the leader in the race, Vice President biden. This was a trump weekend they trump discourse. Jonathan the president has been in the spotlight for all of the wrong reasons the last couple of weeks. I think the former Vice President wants to leave him there. Not just orlando later this evening. I believe pennsylvania tomorrow, iowa wednesday, and thursday in north carolina. The numbers at a national level, and it some of these states, particularly iowa, where he crushed Hillary Clinton four years ago, much tighter this time around. Tom the polls are really showing the challenges ....

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Transcripts For BLOOMBERG Bloomberg Surveillance 20240712

Claims report. Alongside lisa abramowicz, im jonathan ferro. As we approach that jobless claims report, equity futures doing ok. The equity market within 0. 2 of a record high. Talks down in d. C. , we are on repeat, going nowhere anytime soon. Lisa it doesnt seem like markets really care. They are looking at the amount of money being thrown at the markets from the Federal Reserve and the likelihood of a deal being struck. So many people banking on this, and yet here we are, nasdaq futures marginally, basically a churn, but the s p lower. Jonathan after a big moving yesterdays session. This is how we shape up, with equity futures down around six points, off 0. 2 on the s p 500. Just slightly negative. Still around record highs after a phenomenal rally off the bottom in march. A 50 move. . 1843 r, one other eurodollar, 1. 1833. That is a stronger euro. Donald trump saying the dollar will be stronger if he is reelected. He likes a ....

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