This play in the 2020 race . This is bulls bears. Im david asman. Joining me, john layfield, trish regan, Gary Kaltbaum and robert wolf. Trumps visit to pittsburgh marks his 14th visit to the state since taking office, surprising win in pennsylvania was key to winning the presidency in 2016. President trumps hoping he c20. So will his hard sell of fracking and Energy Independence help him keep this historically blue state in his corner . Trish, what do you think . Yeah, i think it does. The reason for that is because dont forget who the pennsylvania voters are. I mean you think about democrats historically and robert and i have talked about this before because i grew up in an Irish Catholic family where you were a democrat just like you were irish and just like you were catholic; right . But a lot of those people became disenfranchised and felt shut out of the party. David including union members. Sure, right . This is the crowd hes trying to appeal to. If he can bring them in while ke
speeches in each precinct before the caucus goers vote for their candidate of choice. in a secret ballot. no early voting. no absentee voting. no veil in voting in this instance. the process can take a little while, but this, year could be the coldest iowa caucus ever. current forecast for monday night include record sub-zero temperatures, which, of course, could affect turnout. at this point, a force of nature might be the only thing that could prevent donald trump from winning the state. the latest poll of iowa conducted by suffolk university earlier this month shows the former president leading the pack with 54% of likely republican caucus goers saying they plan to support him. his closest rival, nikki haley, is 34 points behind. a 20%. if these numbers hold, trump has the opportunity to smash the record for the largest margin of victory in iowa gop history for a non incumbents. that s a record currently held by bob dole, who won the 1988 caucuses by 13 points. over pat ro
We will get a preview of the bloomberg screen time event in los angeles bringing together executive and industry insiders to talk the state of streaming and more. First, lets get a check of financial markets. Abigail for technology, were looking at a solid rally, up about. 3 . The s p 500 has been fluctuating. Beneath the surface, we have adobe popping amid a recent conference where ai, they were very positive on the future of ai for their company. Nvidia is higher. Citi is bullish on their september gaming data. Pelletier is up on the Army Contract they received. Relative to the nasdaq 100, it is the topperforming of the equity indexes. In october, it is up about 3 my closer to 4 . This is a different version of that month the s p 500 tech index is climbing. It is interesting because yields are influencing all parts of the market. It could be higher for longer, although there has been talking back by the fed and the haven bid on the geopolitical tensions, but we have today the dollar
Market is so ugly that you just want to get out now. I cant endorse that here. Up. 20 . Id be lying if i told you i feel great about this market. Especially, the forecast. Ever going to get those. Lets start with what i think is the real elephant in the room. Lets talk about the bond market. At its power bleeds into the stock market every day, and has been a bleeding in a bad way. How does it do that . When the government sells bills, notes, and bonds to pay for the deficit it weighs on everything. Considering the gigantic sideshow that could hurt your portfolio. You got to use 44 billion, sevenyear bond auction thats tomorrow. On top of todays 70 billion dollar five year note auction. Especially, on top of the 69 billion sale. Talk about cash is rook. Its gotten so compelling to so many people. But, they want to buy some of these bonds. Which means they often need to sell stock in order to swap out of that and into the bond market. You need a lot of ponders to come in, and by these bo
Keeptened to derail a you i u. K. Deal with the eu. Anna good morning. This is bloomberg daybreak europe. We have been tracking the tax story. Manus had a bear in what we saw in u. S. Equity markets. What we are seeing an Asian Session is where we are headed in the trading day. Heain and the key role plays. The dow over 24,000. You the equity story from yesterday. We are expected to go a little lower. Keep an eye on what is happening in asia. Thetax story also affecting dollar. The broader story for the week is different. Keep an eye on treasuries. We saw treasuries holding their side. We have the oil price up around a third of 1 . Expected, i suppose you touched on those equity markets. How broad is your rally . Futures are at the bottom of your screen. How broad is the stock market rally . Heve put together the breadt indicator. This is where we are on the s p 500. H ismeasure of breadt expanding and a is usually a sign of good health. The realized correlation, that is an indication