VP Harris' Keynote Address at the DNC; Jay Powell to Speak in Wyoming

Bloomberg Audio Studios, podcasts, radio news. Good morning, I'm Nathan 0:00:10.760 --> 0:00:13.720 Hager and I'm Karen Moscow. Here are the stories we're 0:00:13.760 --> 0:00:14.520 following today. 0:00:14.680 --> 0:00:17.640 Karen, we begin once again in Chicago, after the final 0:00:17.720 --> 0:00:21.400 night of the Democratic National Convention, just weeks after President 0:00:21.400 --> 0:00:25.240 Biden announced he would not seek reelection, Vice President Kamala 0:00:25.239 --> 0:00:28.480 Harris introduced herself to the nation as the new Democratic 0:00:28.520 --> 0:00:31.960 nominee in an acceptance speech that set out her vision 0:00:32.040 --> 0:00:35.280 to lead the country forward. Harris discussed her upbringing and 0:00:35.320 --> 0:00:37.839 her experience as a prosecutor while seeking to offer a 0:00:37.960 --> 0:00:39.199 unifying message. 0:00:39.520 --> 0:00:44.120 I promise to be a president for all Americans. 0:00:44.479 --> 0:00:46.680 You can always trust. 0:00:46.400 --> 0:00:50.920 Me to put country above party and self. 0:00:51.440 --> 0:00:54.640 Kamala Harris argued she's best position to tackle issues like 0:00:54.680 --> 0:00:57.880 the economy, immigration, and crime, and she used much of 0:00:57.880 --> 0:01:01.000 her speech to contrast her agenda with that of Republican 0:01:01.120 --> 0:01:05.440 rival Donald Trump. Harris says he would only prioritize himself, 0:01:05.480 --> 0:01:08.960 and she described the Republican nominee as an unseious man 0:01:09.360 --> 0:01:13.000 who presents a serious threat to democracy and personal freedoms. 0:01:13.240 --> 0:01:18.800 He plans to create a national anti abortion Coordinator and 0:01:18.959 --> 0:01:28.360 force states to report on women's miscarriages and abortions. Simply put, 0:01:29.240 --> 0:01:30.959 they are out of their minds. 0:01:31.520 --> 0:01:36.360 Well outside the DNC, protesters stage multiple demonstrations over Israel's 0:01:36.360 --> 0:01:40.080 war in Gaza. Kamala Harris address the issue during her speech, 0:01:40.200 --> 0:01:41.479 calling for a ceasefire. 0:01:41.760 --> 0:01:44.840 President Biden and I are working to end this war 0:01:45.560 --> 0:01:50.280 such that Israel is secure, the hostages are released, the 0:01:50.360 --> 0:01:55.360 suffering in Gaza ends, and the Palestinian people can realize 0:01:55.440 --> 0:02:01.919 their right to dignity, security, freedom. 0:02:02.040 --> 0:02:04.920 Vice President Harris also said Israel has a right to 0:02:05.120 --> 0:02:09.240 self defense. Before Kamala Harris's keynote address, a broad coalition 0:02:09.280 --> 0:02:13.480 of Democrats spoke at the DNC, including North Carolina Governor 0:02:13.600 --> 0:02:16.360 Roy Cooper and Michigan Governor Gretchen whitmer Man. 0:02:16.400 --> 0:02:19.960 We're getting more reaction from Chicago. Karen Bloomberg Club political 0:02:20.000 --> 0:02:24.560 contributor Jeanie Sheanzano said Harris tried to differentiate herself from 0:02:24.600 --> 0:02:25.800 her former running made. 0:02:25.919 --> 0:02:28.720 She also didn't lean in on her role as vice president. 0:02:28.800 --> 0:02:32.120 A lot on prosecutor, not a lot on VP, and 0:02:32.160 --> 0:02:34.639 not a lot on Joe Biden. Once again, think you 0:02:34.720 --> 0:02:37.800 how many times you heard Donald Trump versus Joe Biden 0:02:37.840 --> 0:02:38.799 in that speech and. 0:02:38.840 --> 0:02:42.280 Fellow Bloomberg contributor Rick Davis said Harris did not hold 0:02:42.320 --> 0:02:45.080 back on Trump last night. We heard Oprah give a 0:02:45.240 --> 0:02:46.200 joyful speech. 0:02:46.520 --> 0:02:49.000 This was sober night, and she definitely took it to 0:02:49.400 --> 0:02:50.359 Donald Trump in a way. 0:02:50.440 --> 0:02:53.919 Frankly, no other person on the stage and four nights 0:02:53.960 --> 0:02:57.200 did it. Bloomberg's Rick Davis says, Kamala Harris showed she 0:02:57.280 --> 0:02:59.720 is ready to take Trump on directly. 0:03:00.080 --> 0:03:03.959 And the Republican nominee offered his own reaction. Nathan Trump 0:03:04.000 --> 0:03:07.480 called into Fox News after Harris's speech, saying she hasn't 0:03:07.480 --> 0:03:09.480 accomplished much as vice president. 0:03:09.680 --> 0:03:12.720 The biggest reaction is why didn't she do the things 0:03:12.720 --> 0:03:15.760 that she's complaining about. All of these things that she 0:03:15.840 --> 0:03:17.760 talked about. We're going to do this, we're going to 0:03:17.840 --> 0:03:20.480 do that, We're going to do everything, but she didn't 0:03:20.480 --> 0:03:21.040 do any of it. 0:03:21.600 --> 0:03:24.560 In addition to that conversation with Fox News, Donald Trump 0:03:24.600 --> 0:03:28.400 also made several posts on his social media platform truth Social, 0:03:28.720 --> 0:03:31.800 providing real time critiques of Harris's speech. 0:03:31.639 --> 0:03:34.040 And earlier in the day, Karen Trump offered a policy 0:03:34.080 --> 0:03:38.640 proposal on immigration, threatening tariffs on nations that don't take 0:03:38.800 --> 0:03:42.000 migrants back. Bloomberg zed Baxter has that story. 0:03:42.400 --> 0:03:45.520 This is an indication that his immigration and trade policy 0:03:45.560 --> 0:03:49.320 could become closely intertwined. It is also a message that 0:03:49.360 --> 0:03:53.480 he will aggressively deport migrants that his administration deems should 0:03:53.520 --> 0:03:57.240 not be in the country. He says, quote, if countries 0:03:57.280 --> 0:04:00.920 don't accept the migrants back, we do do no trade 0:04:00.920 --> 0:04:05.160 with those countries, and we charge them big tariffs. End quote. 0:04:05.560 --> 0:04:08.200 While in Arizona, he again promised that he would complete 0:04:08.320 --> 0:04:12.000 the building of the wall. Immigration has become the keystone 0:04:12.000 --> 0:04:15.000 of his campaign. Ed Baxter Bloomberg. 0:04:14.560 --> 0:04:16.880 Radio, All right, ed, thanks well, turning to the markets 0:04:16.920 --> 0:04:20.360 now with all eyes on Jackson Hole Fetcher. J Powell 0:04:20.400 --> 0:04:23.120 will give his keynote address today at ten am Wall 0:04:23.120 --> 0:04:26.920 Street Time at the Central Bank's annual symposium in Wyoming, 0:04:27.000 --> 0:04:28.960 and Bloomberg's Michael McKee has a preview. 0:04:29.279 --> 0:04:32.120 All Wall Street wants to know how far will he go. 0:04:32.520 --> 0:04:35.960 Investors would love a rate cut pledge from Chairman Powell. 0:04:36.240 --> 0:04:39.719 That's not likely. He's also unlikely to say how far 0:04:39.800 --> 0:04:43.800 the Fed will cut or what their next steps will be. Instead, 0:04:43.920 --> 0:04:47.520 expect acknowledgement that the Fed is close to changing rates 0:04:47.560 --> 0:04:51.880 as long as the incoming financial data meets forecasts for 0:04:51.960 --> 0:04:55.800 Wall Street. Powell just raising this subject maybe enough. There's 0:04:55.839 --> 0:04:58.159 also interested how much he might talk about the Fed's 0:04:58.279 --> 0:05:02.440 Framework review, which the Central Bank begins to undertake this fall. 0:05:02.720 --> 0:05:06.240 The transmission of monetary policy is the topic of this 0:05:06.360 --> 0:05:07.920 year's symposium. 0:05:08.560 --> 0:05:11.160 All Right, Bloomberg's Michael McKee with us from Jackson Hole 0:05:11.240 --> 0:05:11.640 this morning. 0:05:11.760 --> 0:05:12.279 Mike, Thanks. 0:05:12.320 --> 0:05:16.160 Bloomberg Opinion columnist Muhammad Larian says Powell also has an 0:05:16.160 --> 0:05:21.680 opportunity to tamp down recent market volatility. On the economic outlook, we. 0:05:21.600 --> 0:05:24.840 Should hope for the FED to start with storing the 0:05:25.200 --> 0:05:27.600 policy anchor. The way you do that is you tell 0:05:27.640 --> 0:05:31.120 people where you see the destination and how do you 0:05:31.160 --> 0:05:33.920 think you're going to get there. That's what I think 0:05:33.920 --> 0:05:36.400 he should do. Whether he does or not, I'm not sure. 0:05:36.640 --> 0:05:39.320 Muhammadlarian, a Bloomberg opinion says he thinks the FED will 0:05:39.360 --> 0:05:43.000 realistically is borrowing by seventy five basis points by the 0:05:43.080 --> 0:05:45.640 end of the year. Stick with Bloomberg far our coverage 0:05:45.640 --> 0:05:48.520 of Chairman Powell's Jackson Hole speech on a special edition 0:05:48.560 --> 0:05:51.880 of Bloomberg Surveillance Live from Wyoming with our Tom Keen 0:05:51.920 --> 0:05:55.880 and Lisa Abramowitz. Live coverage begins at nine am Wall 0:05:55.920 --> 0:05:59.440 Street time, an hour before the speech on Bloomberg Radio 0:05:59.560 --> 0:06:00.400 and Tell Levision. 0:06:00.760 --> 0:06:03.080 And Nathan J. Powell is not the only central banker 0:06:03.120 --> 0:06:06.120 we're hearing from today. Kazuo Owaita, they headed the Bank 0:06:06.120 --> 0:06:09.719 of Japan, reiterated his hawkish stance as the boj unwinds 0:06:09.880 --> 0:06:13.080 years of ultra easy settings. Speaking through an interpreter, the 0:06:13.080 --> 0:06:15.520 Bank of Japan governor says it's on a path toward 0:06:15.600 --> 0:06:18.840 higher interest rates should data and inflation cooperate. 0:06:19.360 --> 0:06:22.800 If we are unable to confirm a rising certainty that 0:06:22.839 --> 0:06:26.200 the economy and prices will stay in line with forecasts, 0:06:26.680 --> 0:06:30.160 then there's no change to our stands and will continue 0:06:30.160 --> 0:06:32.120 to adjust the degree of easing. 0:06:32.880 --> 0:06:36.440 Bank of Japan's Kauzuo Awaida was addressing questions from Parliament today, 0:06:36.520 --> 0:06:38.920 his first public re mark since the global market route 0:06:38.960 --> 0:06:41.520 Earlier this month, the yen rose against the dollar on 0:06:41.640 --> 0:06:43.880 signals that more rate hikes are forthcoming. 0:06:44.120 --> 0:06:46.760 No're keeping our eyes north of the border. Careen, Canada's 0:06:46.800 --> 0:06:51.120 two largest railways are preparing to restart operations after Prime 0:06:51.120 --> 0:06:54.680 Minister Justin Trudeau's government stepped into and a labor dispute. 0:06:54.880 --> 0:06:58.440 Country's labor Minister says he's asked the Canada Industrial Relations 0:06:58.480 --> 0:07:03.320 Board to impose binding our on Canadian National Railway, Canadian Pacific, 0:07:03.440 --> 0:07:06.240 Kansas City and the Team Stirs. He also ordered the 0:07:06.240 --> 0:07:09.240 board to direct the parties to extend their current contract. 0:07:09.640 --> 0:07:12.000 The Labor Minister says he is confident the measures will 0:07:12.040 --> 0:07:15.080 get the trains rolling again and end a lockout that 0:07:15.200 --> 0:07:18.040 started yesterday. 0:07:19.960 --> 0:07:21.280 And it's time now for a look at some of 0:07:21.320 --> 0:07:23.800 the other stories making news in New York and around 0:07:23.840 --> 0:07:26.400 the world. For that, we're joined by Bloomberg's Michael Barr Michael, 0:07:26.400 --> 0:07:27.880 good Morning, Good Morning Karen. 0:07:28.000 --> 0:07:30.360 Four of the five men in the so called Central 0:07:30.400 --> 0:07:34.120 Park Five, wrongfully convicted in the nineteen eighty nine rape 0:07:34.120 --> 0:07:36.720 of a Central Park jogger in New York, appearing at 0:07:36.720 --> 0:07:40.360 the Democratic National Convention last night. Use of Salaam is 0:07:40.400 --> 0:07:44.840 now a city councilman representing Harlem who has long criticized 0:07:44.880 --> 0:07:46.600 Donald Trump's reaction to the case. 0:07:46.960 --> 0:07:50.920 America will finally say goodbye to that hateful man. 0:07:51.360 --> 0:07:54.520 Reverend al Sharp can introduce the men and talked about 0:07:54.520 --> 0:07:57.680 Trump calling for New York to adopt the death penalty 0:07:57.720 --> 0:08:01.920 for violent crimes during the Central Park five trial, Sharpton 0:08:02.000 --> 0:08:04.200 also supported the Harris Walls ticket. 0:08:04.640 --> 0:08:10.040 We have fought too hot for women to be told 0:08:10.080 --> 0:08:13.560 to get out of the kitchen. We are now on 0:08:13.600 --> 0:08:17.080 our way to the Oval office. We won't go back. 0:08:18.280 --> 0:08:20.760 Reverend Sharpton went on to say, we are going to 0:08:20.800 --> 0:08:24.960 realize Shirley Chisholm's dream. In nineteen seventy two, Chisholm, who 0:08:24.960 --> 0:08:28.920 represented New York's twelfth congressional district, became the first black 0:08:28.960 --> 0:08:32.200 candidate for a major party nomination for president and the 0:08:32.200 --> 0:08:35.600 first woman to run for the Democratic Party's presidential nomination. 0:08:36.360 --> 0:08:38.840 A thirty two year older woman has been charged after 0:08:38.880 --> 0:08:42.440 police said she was driving under the influence and crashed 0:08:42.559 --> 0:08:45.680 in a head on collision traveling the wrong way on 0:08:45.800 --> 0:08:50.160 the Southern State Parkway. The Long Island crash yesterday killed 0:08:50.440 --> 0:08:53.920 Carrie Bedrick's nine year old son, A thirty s Bedrick 0:08:54.040 --> 0:08:57.520 from Centreport, was fleeing an attempt at traffic stop by 0:08:57.559 --> 0:09:01.000 a Suffolk County Deputy sheriff when she eventually drove into 0:09:01.040 --> 0:09:04.360 oncoming traffic and set off a four car crash. A 0:09:04.360 --> 0:09:07.520 former politician and accused murderer took the stand in his 0:09:07.520 --> 0:09:10.720 own defense in Las Vegas Robert Tellus told the jury 0:09:10.760 --> 0:09:14.160 he did not kill newspaper reporter Jeff German, who wrote 0:09:14.160 --> 0:09:18.880 critical articles about him. Tellis's attorney repeatedly advised him not 0:09:18.960 --> 0:09:22.240 to take the stand, but Tellis insisted on testifying. The 0:09:22.280 --> 0:09:25.240 prosecution says the evidence against him is just overwhelming. 0:09:25.840 --> 0:09:31.520 How the world does your DNA get underneath mister Garret cigarettes. 0:09:31.440 --> 0:09:33.320 I don't know, because I did not kill mister Germy. 0:09:33.640 --> 0:09:36.360 One piece of evidence prosecutors don't have is the murder 0:09:36.400 --> 0:09:40.040 weapon charges filed against the New York City park worker 0:09:40.040 --> 0:09:43.280 in the murder of a Venezuelan immigrant. Twenty three year 0:09:43.280 --> 0:09:46.920 old Elijah Mitchell of Queens is charged with murder as 0:09:46.960 --> 0:09:49.240 a hate crime for the shooting death of thirty year 0:09:49.240 --> 0:09:53.920 old Rodriguez Marcano. Authority say Mitchell got into an argument 0:09:53.960 --> 0:09:56.880 with Marcano three days prior to the shooting as he 0:09:56.960 --> 0:10:00.080 was sleeping on a park pinch prosecutor save Mitchell so 0:10:00.320 --> 0:10:03.640 went back to Marcanos, who quote settled the score and 0:10:03.679 --> 0:10:07.199 allegedly shot him in the chest. Global News twenty four 0:10:07.240 --> 0:10:09.439 hours a day and whenever you want it with the 0:10:09.440 --> 0:10:12.160 Bloomberg News. Now, I'm Michael Barrn. This is Bloomberg. 0:10:12.240 --> 0:10:19.000 Karen, all right, Michael Barr, thank you time now for 0:10:19.040 --> 0:10:21.520 the Bloomberg Scores update with John stash Hour. 0:10:21.640 --> 0:10:24.360 John, good morning, Good morning, Karen. Ten game road trip 0:10:24.400 --> 0:10:26.520 for the Mets and not back in New York until September. 0:10:26.600 --> 0:10:29.240 First stop San Diego. The Padres have been had since 0:10:29.240 --> 0:10:31.760 the All Star break. Mets won the opener eight to three, 0:10:31.800 --> 0:10:33.839 pulled away with a five road ninth and he had 0:10:33.840 --> 0:10:36.520 seventeen hits, three each for Pete Alonso and Jeff McNeil. 0:10:36.840 --> 0:10:39.520 Mark Bientos drove in three. Lauis Savarino got the win. 0:10:39.600 --> 0:10:41.800 Atlanta beat the Phillies to state game and a half 0:10:42.120 --> 0:10:44.640 ahead of the Mets stadium, first time in Yankee history. 0:10:44.640 --> 0:10:46.880 They gave up a hit to open the game, did 0:10:46.920 --> 0:10:50.079 not allow another hit. A one hit shutout of Cleveland 0:10:50.360 --> 0:10:53.240 Garrett Cole and three relievers. Aaron Judge opened the scoring 0:10:53.320 --> 0:10:56.320 yet another home run number forty eight, that came fourth 0:10:56.360 --> 0:10:59.160 inning and inning later, another long. 0:10:58.960 --> 0:11:02.680 Ball Underskuld pitch reached four and lifted high in the 0:11:02.720 --> 0:11:06.000 air center field. Freeman's moving back, Freeman's near the wall. 0:11:06.240 --> 0:11:09.480 He leave took the wall and it's god hard to 0:11:09.559 --> 0:11:14.120 the netting over monument parking straight away center field. A 0:11:14.400 --> 0:11:17.880 scud missile off the battle John Carlos Stanton. 0:11:18.240 --> 0:11:19.480 He hits a three. 0:11:19.320 --> 0:11:23.240 Run homer WFAA Yanks blank the Guardians six to nothing 0:11:23.280 --> 0:11:26.440 in Baltimore, lost six nothing, held the three hits by Houston. 0:11:26.520 --> 0:11:28.920 Yankees now game and a half head of the Oriols 0:11:28.920 --> 0:11:31.600 and the Yanks host Colorado tonight. Looks like Jazz Chisholm 0:11:31.600 --> 0:11:33.440 will be back in the lineup sooner than expected from 0:11:33.480 --> 0:11:37.080 his elbow injury. Seattle Mariners fired Scott's service. He'd been 0:11:37.120 --> 0:11:41.199 their managers in twenty sixteen. WNBA the Liberty now twenty 0:11:41.280 --> 0:11:43.800 five and four with a win over Dallas BMW Golf 0:11:43.840 --> 0:11:46.960 in Colorado. Keegan Bradley six under sixty six leads by 0:11:47.000 --> 0:11:50.160 one over Hideki Matsuyama, who won last week in Memphis. 0:11:50.160 --> 0:11:52.400 For what it's worth, the Chicago Bears went four to 0:11:52.480 --> 0:11:54.720 zero in the preseason on the winning Kansas City, the 0:11:55.000 --> 0:11:57.600 two time defending ZUO World Champs win oing three scary 0:11:57.640 --> 0:12:01.520 moment early second half, Bears defensive back Douglas Coleman made 0:12:01.520 --> 0:12:04.240 a tackle, lay motionless on the field, had to be 0:12:04.280 --> 0:12:07.320 taken by ambulance to a nearby hospital, Coleman did give 0:12:07.360 --> 0:12:10.640 the thumbs up sign he does have movement in his limbs. 0:12:10.920 --> 0:12:13.400 John stash that we're Bloomberg Sports Carrie Nathan. 0:12:15.480 --> 0:12:19.760 Coast to coast on Bloomberg Radio, nationwide on Sirius XM. 0:12:19.720 --> 0:12:22.600 And around the world on Bloomberg dot Com and the 0:12:22.640 --> 0:12:23.920 Bloomberg Business app. 0:12:24.080 --> 0:12:28.880 This is Bloomberg Daybreak. Good morning, I'm Nathan Hager. Kamala 0:12:28.920 --> 0:12:31.839 Harris made a pitch for progress as she capped off 0:12:31.880 --> 0:12:35.480 the Democratic National Convention in Chicago with her acceptance speech 0:12:35.559 --> 0:12:37.520 to be the party's new standard bearer. 0:12:37.840 --> 0:12:45.040 We are charting a new way forward, forward to a 0:12:45.240 --> 0:12:49.960 future with a strong and growing middle class, because we 0:12:50.040 --> 0:12:54.040 know a strong middle class has always been critical to 0:12:54.200 --> 0:12:55.760 America's success. 0:12:56.559 --> 0:12:58.080 Let's gid more now on what we heard from the 0:12:58.120 --> 0:13:01.240 last four nights in Chicago. Oh, we're joined this morning 0:13:01.280 --> 0:13:05.520 after by Terry Haynes, the founder of Pangea Policy. Great 0:13:05.520 --> 0:13:08.080 to speak with you this morning, Terry. Your reaction to 0:13:08.280 --> 0:13:10.400 Harris's speech, Hi. 0:13:10.320 --> 0:13:16.000 Nathan, good morning. Harris needed to do two things effectively. Firstly, 0:13:16.120 --> 0:13:20.200 she needed to stigmatize Trump, and secondly, she needed to 0:13:20.200 --> 0:13:25.720 make her tickets. Harris, Waltz and the party feel normal, 0:13:25.880 --> 0:13:28.520 welcoming a big tent, a place you want to be. 0:13:28.720 --> 0:13:32.600 This is people are calling us the vibingess of the thing. 0:13:33.400 --> 0:13:35.839 And I thought that she did both of those very well. 0:13:36.600 --> 0:13:40.720 You know that said appreciated the converted, as everyone has 0:13:40.760 --> 0:13:42.839 been doing all week. Is the easy part. And now 0:13:42.880 --> 0:13:46.920 she's going to have to move into talking to swing 0:13:46.960 --> 0:13:51.480 states and talking to persuadables and undecided that's the hard part. 0:13:51.600 --> 0:13:54.320 But she set herself up well to do that. So 0:13:54.920 --> 0:13:57.600 I'd say that her speech and the week both were 0:13:57.640 --> 0:13:58.480 a success. 0:13:59.320 --> 0:14:02.160 Does she need to do more to lay out a 0:14:02.200 --> 0:14:07.800 policy that will mollify a lot of people in business 0:14:07.840 --> 0:14:11.280 who might be concerned about the new way forward that 0:14:11.520 --> 0:14:13.960 Harris could take the country after President Biden. 0:14:14.760 --> 0:14:18.160 Well, a little bit. Yeah, she's stumbling. There's two things really. 0:14:18.200 --> 0:14:22.720 One is she's kind of stumbling around on policy and 0:14:22.920 --> 0:14:27.000 not doing herself a lot of favors the whole the 0:14:27.720 --> 0:14:30.680 slew of policy proposals that came out last Friday, led 0:14:30.720 --> 0:14:36.160 by the price gouging business. Uh, you know, the campaign realizes, 0:14:36.200 --> 0:14:38.080 I mean they're in a little bit of a spaghetti 0:14:38.720 --> 0:14:40.960 politics mode right now. They're throwing things up on the 0:14:40.960 --> 0:14:46.400 wall to see what best sticks with voters and in 0:14:46.480 --> 0:14:50.000 business as well. And you know, a lot of that 0:14:50.040 --> 0:14:54.800 stuff didn't stick well, and she's been trying to keep 0:14:54.840 --> 0:14:58.760 distance from it, but at the same time it continues 0:14:58.760 --> 0:15:01.240 to be a center point of her camp. That kind 0:15:01.240 --> 0:15:04.800 of muddled messaging is not going to go well, I 0:15:04.840 --> 0:15:07.880 think with wall Street, and she's going to have some 0:15:08.760 --> 0:15:11.200 work to do with those folks. But then again, if 0:15:11.240 --> 0:15:14.080 she can't get the swing voters to begin with, there's 0:15:14.080 --> 0:15:16.080 no point in talking to wall Street? Is there? 0:15:17.040 --> 0:15:20.120 In our last minute, Terry, what do you expect going forward? 0:15:20.240 --> 0:15:23.160 We are waiting for, among other things, a speech this 0:15:23.280 --> 0:15:25.880 afternoon from Robert F. Kennedy Junior, where he's expected to 0:15:26.000 --> 0:15:28.120 end his campaign and possibly endorse Trump. 0:15:28.520 --> 0:15:32.240 Does that matter, you know? I think it matters less 0:15:32.280 --> 0:15:36.040 than most people think. I think the withdrawal impact of 0:15:36.600 --> 0:15:40.320 RFK Junior really is almost nil. Kennedy's numbers have been 0:15:40.320 --> 0:15:42.920 falling through the floor or they're down to roughly four 0:15:42.960 --> 0:15:47.320 percent nationally. Some RFK Junior supporters probably have already gone 0:15:47.320 --> 0:15:50.960 to Harris, Others might stick to Trump. But it's and 0:15:51.000 --> 0:15:53.000 I think the vast majority of those people end up 0:15:53.040 --> 0:15:56.000 undecided for a while and end up trying to figure 0:15:56.040 --> 0:16:00.600 out exactly where they should go and why, so you know, 0:16:00.640 --> 0:16:03.280 but again it's we're talking about a percentage or two 0:16:03.360 --> 0:16:07.200 at this point, so I really don't think that Kennedy's 0:16:07.240 --> 0:16:08.640 withdrawal makes much difference. 0:16:08.760 --> 0:16:11.680 This is Bloomberg day Break Today, your morning brief on 0:16:11.720 --> 0:16:15.280 the stories making news from Wall Street to Washington and beyond. 0:16:15.560 --> 0:16:18.320 Look for us on your podcast feed at six am 0:16:18.400 --> 0:16:22.040 Eastern each morning, on Apple, Spotify, and anywhere else you 0:16:22.120 --> 0:16:23.320 get your podcasts. 0:16:23.400 --> 0:16:26.120 You can also listen live each morning starting at five 0:16:26.160 --> 0:16:28.720 am Wall Street time on Bloomberg eleven three to zero 0:16:28.800 --> 0:16:31.600 in New York, Bloomberg ninety nine to one in Washington, 0:16:31.760 --> 0:16:34.640 Bloomberg one oh six to one in Boston, and Bloomberg 0:16:34.680 --> 0:16:36.320 ninety sixty in San Francisco. 0:16:36.760 --> 0:16:39.920 Our flagship New York station is also available on your 0:16:39.960 --> 0:16:45.400 Amazon Alexa devices. Just say Alexa play Bloomberg eleven thirty plus. 0:16:45.440 --> 0:16:48.880 Listen coast to coast on the Bloomberg Business app, SERIUSXM, 0:16:48.960 --> 0:16:52.560 the iHeartRadio app, and on Bloomberg dot com. I'm Nathan 0:16:52.600 --> 0:16:54.160 Hager and I'm Karen Moscow. 0:16:54.360 --> 0:16:57.120 Join us again tomorrow morning for all the news you 0:16:57.240 --> 0:17:01.320 need to start your day right here on Bloomberg break