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Transcripts For BLOOMBERG Bloomberg Surveillance 20240712

Republican senator inpatient as well. I cant see how we can go home failed. People we they will all have to go home at the end of the week and tell people they failed. Lisa and there is pressure from President Trump that if you dont do it, he will go at it unilaterally. You have to think that he is adding to pressure to passing this through for republicans. Also today, what am looking at, to the clock a. M. , u. S. Durable goods and factory orders. Gauge was the strongest since september 2018. Aftermarket today, disney reports earnings, expected to have a lost. But everyone looking at disney plus, what kind of traction they are getting their earnings. Did you get disney plus just to watch hamilton . Jonathan of course i did not. [laughter] lisa i am shocked. Jonathan full anyone else try to buy tiktok . Tom im glad you asked. Lets put it this way. Disney has 14 billion in cash. Billion inas 140 cash. You do the math. Jonathan i think microsoft has the money to get it done. Did you see

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Transcripts For BLOOMBERG Bloomberg Surveillance 20240712

With us. We welcome all of you to a news flow that is simply a cacophony. In the last hour, we really focused on the stimulus. In this hour, we got to focus on the fed. I downloaded tiktok this morning. Jonathan what was the first video . Tom unspeakable english. Certainly on bloomberg radio, it would be inappropriate. But the second and third video were the same way. Jonathan it is popular. We need to do a segment on irony. We are talking about forced sales, technology theft. The Chinese Communist party has been doing this for decades. The u. S. Administration has been talking about reciprocity. Now they are talking about, you know what . If we cant get access to you, you cant get access to us. Underwriting it all will be national security. That is the direction we are challenging here. To be behind microsoft, it seems. Cash, theyillion in certainly have the money to take a dalliance here. That really speaks within technology to finally use some cash. Lisa the question is, will they b

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Transcripts For BLOOMBERG Bloomberg Markets Americas 20240712

I say that with hesitation because you never know with these numbers anymore. Here is more. Is not highfrequency data. But they are coming in stronger than expected. 6. 2ory orders up by percent. The forecast was for 5 . Percentages dont mean a lot right now because data is always volatile. It is even more so now. We are seeing wide swings in orders for both factory goods, durable goods and nondurables. Durable goods orders, we already got a report on that. That gets revised. It is revised stronger. 7. 3 earlier. Tothe end of july, it is up 7. 6 now. These are june numbers. Orders, that is the one economists like to look at because it tells you what business orders are and what business spending is in gdp and that comes in at 3. 4 . That is up from 3. 3 . Not a lot of new information. Slightly stronger. The reopening started to bring rebound into the economy. At this point, we have no idea if that has continued. The new yorku that ism number which represents this 53. 5 four july. At le

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Transcripts For BLOOMBERG Bloomberg Markets European Close 20240712

Coming up, we will be talking with curtis johnson, the managing director at carlisle. Talking about what trying toericans face break into the industry. Bank and tesla are surprising reporting surprising numbers. Our guest is joining us from italy. Your metrics are strong. Been notrating has it being able to get back to shareholders because of ecb guidance . [indiscernible] the expectation is the end of december to be able to pay dividends again. A fourth quarter, are you confident you will pay dividends and about buybacks . X part of the priority. Buybacks are not a priority. [indiscernible] been inas the economy july and what are economists telling you about their mood for the future . [indiscernible] in 2021, the growth in gdp could be higher than 5 . [indiscernible] the positive trend will be in 2021 and my expectation. To take a quick break to make sure we hear you perfectly so we dont miss a word you say. We love working from home. We will get back on the interview once we fix the

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Transcripts For BLOOMBERG Bloomberg Markets Balance Of Power 20240712

It is the best five days since 2006. That is how much the tech want in on apple. David it looks like we are buying bonds . Abigail there is a bit of a haven bid. You have stocks higher and bonds higher, not everybodys believing it. What will it tells about the economy and will we get a stimulus deal done . David the saga in washington continues over the possible next round of fiscal stimulus with republicans and democrats saying they may be moving closer on some issues but not so close on others. We welcome senator rick scott, republican of florida for the latest. Thank you for being with us. Give us your sense of where the negotiation is an most important, what is the biggest chasm between the two sides . Sen. Scott here is what is frustrating. Make toneed to take care of our Small Businesses and reopen the economy, and what schumer and below sea are talking about his election reform schumer and nancy pelosi are talking about is election reform, these are issues we should be talking a

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