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Transcripts For BLOOMBERG Bloomberg Surveillance 20240712

Tom francine, did you stay up and watch this . Francine i went to sleep and set an alarm to wake up. It is a bit messed up. That ist talk today, why. Tom for an international audience, to be kind, it was absolutely original. My goal today come cross the hours of surveillance, is to spin forward. Do you realize we are going to do this on october 15, in miami, with the great steve scully of cspan, in a town hall format. I cant get my head around that, but thats what we will do with Bloomberg Politics and david westin and s kevin cirilli, to recoup and prepare for the eyes of october. Francine the focus is on the polls. We had an initial post it will be interesting over the next 24 hours. We will have Leslie Vinjamuri on, polls. Leslie was tweeting last night around four clock a. M. I think she was in a pub with ferro. I dont know what she was doing. Francine lets get to bloomberg first word news in new york city with ritika gupta. Ritika it was billed as the first president ial debate, b

Transcripts For BLOOMBERG Bloomberg Surveillance 20240712

And tom keene. A postdebate bloomberg surveillance. We welcome all of you on bloomberg television, Bloomberg Radio across this nation after an extra ordinary evening observed by all last night. We have good analysis through forward in the view towards october 15 and the second debate. I know we are going to try to focus on where we are in economics, finance, investment and that. Ive just got to go to your observation of seeing the debate from london. Was london engaged in that of a last night in the debate last night . Jonathan it was the talk of breakfast this morning, i can tell you. I was watching it on my phone and the waitress came over and discussed what she thought as well. I think many were surprised come about at the same time, what else did you expect when you were going to put these two people in the same room on the same stage . Tom you are absolutely dead on. When they started in last night with Chris Wallace, at times almost debating with the president , to see what they

Transcripts For BLOOMBERG Bloomberg Markets Americas 20240712

Strongso getting some data coming through and it comes to pending home sales. The month on month number blowing past expectations. We do better on a month by month basis of 8. 8 . That was well above expectations. That takes the nonseasonally adjusted year on year number two 20. 5 . This is a market that has come back in a really big way. Alix and continues to stay strong, like auto sales, undermining that fall off a cliff scenario. ,ast night, the highlights president trump, democratic nominee joe biden, which a debate, but turned out to be a boxing match. Everyone knows hes a liar. Pres. Trump you are the liar. You graduated last in your class. Mr. Biden you are the worst president america has ever had. Pres. Trump when needed, i wear masks. I dont wear masks like him. He could be speaking to hundred feet away from you and he shows up with the biggest mask ive ever seen. What is the Trump Health Care plan . Pres. Trump first of all, i guess i am debating you, not him, but thats ok. I

Transcripts For BLOOMBERG Bloomberg Daybreak Europe 20240712

For the entire day after its worst ever outage. The hardware breakdown is to blame. European leaders gather for a special summit in brussels. Relations with china and sanctions on belarus top the agenda. Isnt butecovery fund concerns linger. 9 00 in dubai. Good morning. The risks of a Government Shutdown have been taken off of the plate. I have the image in my head between nancy pelosi and mnuchin. It sounds like the white house is moving forward. Mitch mcconnell, are we closer to a deal . He says we are miles away. Annmarie he seems to be pouring cold water on that idea. The democrats did postpone that vote for the 2. 2 trillion. Maybe we can get something on foxbusiness. Obviously, you dont want to hold your breath. Already, strategists said that the growth for the year is going to be dim because of this. What im focused on is these job losses. Exploding. That is sounding an economic alarm of the real pain in the real economy, not the financial markets. Manus on the other side effect

Transcripts For BLOOMBERG Bloomberg Surveillance 20240712

R justately ben laidle calls it a q4 melt up to come. Jonathan pointing out that the u. S. Election volatility could fade. The data might continue to improve. The market might grind higher. But the numbers we are seeing from some of the big employers around the world are not pretty. Tom terrible. I am so glad you bring this up. Horrific, but once again, you separate stock market activity from the social cost we are seeing right now. Jonathan 90 minutes away from claims data, lisa. Lisa we will be finding out a backward look at the latest claims. I say backward look even though is a weekly initial claims that i because we will also be getting a backward look at the income people received in the month of august. One thing i will be watching is the copious amount of additional fed speak. I want to know how much stress they are seeing within the banking sector. And then the theater in washington, d. C. Continues. Steve mnuchin and nancy pelosi continue to talk. Is this just theater, or is

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