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Transcripts For BLOOMBERG Bloomberg Surveillance 20240711

Indicating it. We are a few days in december, and clearly we get no respite for the holidays. There is no question about that. An extraordinary 46 minute video from the president last night, hugely commented on in washington. Attorney general barr, you wonder how he gets through the weekend with the president. I agree with you, this french issue is not a small matter. Memory of if in the that macron decided to rip a page out of the textbook from 30 years ago. Francine we will have a lot more on the dynamics of europe and france, but lets get straight to bloomberg first written with with rickets with or take a group with ritika gupta. Nancy pelosi and Chuck Schumer are backing a bipartisan stimulus plan. They see the proposal from house and Senate Lawmakers with a new round of negotiations. The plan calls for 908 billion dollars in spending, less than what democrats want, increased from the number being floated by Senate Majority leader mitch mcconnell. The u. S. Has had its deadliest d

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Transcripts For BLOOMBERG Bloomberg Surveillance 20240712

Implications for the election and the implication for the leadership . It is also a good thing to look at other leaders and if they tested positive, how they have reacted to it. Also president bolsonaro of brazil. To thisare waking up across america. The determinant here is a oneweek just a show in for every patient, and the tip point for the medical professionals is the bacteriology of pneumonia, and overlaying pneumonia on this terrible virus. The president nowhere near there at this time, and he rests at the white house this morning. Now, verya right simple. We have deteriorated. There is no other way to put it. 57, dell futures 439. A plunge off ashdown futures 439. Dow futures 4. 39. West texas intermediate, oil down 1. 65. Francine, what do you see . Francine markets are a little bit calmer. That could be ratcheted up again with the jobs data. I wanted to show you pound because there is this on brexit. I need to look at gold etfs. We dont look at it very often. Tom but today it m

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Transcripts For BLOOMBERG Bloomberg Surveillance 20240712

Return. Cellent huge samestore sales beat at home depot. Now walmart out with a digital 97 at theirup online stores. Granted, it is a different a different mix than home depot. A stunning statement from the traditional of england, where i believe one and in will be shown the door. Anna they are hoping to do this through voluntary redundancies and retirements and the like, but they got to get to that number. Food was a bright spot at marks spencers. Obviously, the online shift on all of these retailers has structurally been dealing with prepandemic comes with costs as well for retailers. They need to reposition their businesses for a new world. Tom it is a really complex tuesday here on our simulcast. We welcome all of you on Bloomberg Radio and Bloomberg Television. Futures up eight. The vix is a stunning 21. 22. Unimaginable weeks and months ago. Really noting dollar weakness at 92. Ith the dxy give us the themes that you see this morning. Get to the week as well. Weve got an fx voice

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Transcripts For BLOOMBERG Bloomberg Surveillance 20240712

Have to believe in some ways it is being managed. August, but inng no way is the dollar reverting. It gets overplayed by the media. 1. 19. Ere it is, now 1. 1839. Francine the fact that you call this a boring august, i dont know what an exciting august looks like for you. We have turkey, the markets, trade. Your bar for an exciting august is high. Always exciting news. Here is with. Haska Kamala Harris accepted the nomination to run for Vice President with joe budden. Harris told the Party Convention that President Trumps failure of leadership has cost lives and livelihoods. Kamala lets fight with conviction. Lets fight with hope. Lets fight with confidence in ourselves and a commitment to each other. To the america we know is possible. The america we love. The political fight over the post office make clear the way for congress to resume talks on a virus relief bill. Democratic and Republican Leaders are hinting at potential compromises. The white house says it is open to democrats de

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Transcripts For BLOOMBERG Bloomberg Surveillance 20240712

That is highly unusual. There is an effort to do the facetime, but lets not kid ourselves, they are far, far apart. I cant convey that for everyone in america, the clock is ticking for july 28. Francine rent needs to be paid and fees. Lets get to the bluebird first word news in new york city with ritika gupta. The bloomberg first word news in new york city with ritika gupta. Ritika Senate Majority leader Mitch Mcconnell unveiled the republican proposal, House Speaker nancy pelosi called it pathetic are capped she says she will try to fight , and she says she will try to fight. The hardest hit u. S. States after Health Officials posed unpopular members like closing bars and requiring masks. Texas had its lowest total in two weeks. Now states wonder whether they can keep infection rates down until a vaccine arrives. China is buying american imports, but not enough to hit returns of the two nation trade deal, according to bloomberg calculations based on chinese come sims Chinese Customs A

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