Trump Legal Setback; Traders Prep for Fed Rate Decision

Bloomberg Audio Studios, Podcasts, Radio News. Good morning, I'm Nathan 0:00:10.800 --> 0:00:13.800 Hager and I'm Karen Moscow. Here are the stories we're 0:00:13.800 --> 0:00:14.600 following today. 0:00:14.840 --> 0:00:18.239 Karen, we begin with legal news involving Donald Trump. The 0:00:18.239 --> 0:00:20.720 president elect has failed to convince a judge to set 0:00:20.760 --> 0:00:23.599 aside his conviction in the New York hush money case 0:00:23.640 --> 0:00:27.600 on presidential immunity grounds. New York State Justice Juan Mrshan 0:00:27.760 --> 0:00:31.159 rejected Trump's argument the trial was tainted by testimony and 0:00:31.240 --> 0:00:33.479 other evidence that should not have been allowed under a 0:00:33.600 --> 0:00:38.199 July Supreme Court decision granting presidents brought immunity from criminal charges. 0:00:38.400 --> 0:00:41.000 Bob van Vories is a legal reporter for Bloomberg News. 0:00:41.240 --> 0:00:45.160 Jose Marshawn ruled that Trump had failed to preserve most 0:00:45.159 --> 0:00:47.559 of the objections to the evidence that he objected to, 0:00:47.840 --> 0:00:50.600 meaning that the judge is unable to rule on it 0:00:50.640 --> 0:00:54.040 because he didn't know object at the time. He ruled 0:00:54.080 --> 0:00:58.480 also that even if he had preserved those objections, they 0:00:58.560 --> 0:01:01.040 would not fall within the immune. 0:01:00.080 --> 0:01:03.000 To Bloomberg's Bob van Vores says it's unclear if the 0:01:03.040 --> 0:01:06.280 case will proceede the sentencing, as the president dilect continues 0:01:06.319 --> 0:01:09.600 to challenge the verdict. In May, Manhattan jury found Trump 0:01:09.600 --> 0:01:12.400 guilty of falsifying business records to conceal a one hundred 0:01:12.400 --> 0:01:15.160 and thirty thousand dollars payment to former adult film actress 0:01:15.160 --> 0:01:17.720 Stormy Daniels before the twenty sixteen election. 0:01:18.319 --> 0:01:21.600 Meanwhile, Nathan Trump spoke to reporters for over an hour 0:01:21.720 --> 0:01:24.400 at his ma A Lago, Florida club, covering a wide 0:01:24.480 --> 0:01:27.240 range of topics. He says, Ukraine needs to reach a 0:01:27.280 --> 0:01:30.360 deal and the Russian invasion, You've got to be a deal. 0:01:30.920 --> 0:01:33.440 Got to be a deal. Too many people being killed. 0:01:34.120 --> 0:01:36.880 That is a war. That's too many people. Got to 0:01:36.880 --> 0:01:39.319 make a deal. And Boom has to make a deal 0:01:39.360 --> 0:01:39.959 to what's deal with. 0:01:40.319 --> 0:01:44.200 Hours after Trump spoke, Ukraine claim responsibility for the assassination 0:01:44.319 --> 0:01:48.200 of the head of Russia's Radiological, Chemical, and Biological Defense 0:01:48.240 --> 0:01:50.480 troops and a bomb explosion in Moscow. 0:01:50.520 --> 0:01:53.840 Another topic that reporters brought up Karen was drones. White 0:01:53.840 --> 0:01:56.400 House officials they're still trying to ease concerns about the 0:01:56.480 --> 0:01:59.400 thousands of sightings in New Jersey and other parts of 0:01:59.400 --> 0:02:03.040 the Northeast. National Security spokesman John Kirby says there's no 0:02:03.160 --> 0:02:05.000 reason for alarm. 0:02:04.680 --> 0:02:10.000 Our assessment at this stage is that the activity represents commercial, 0:02:10.160 --> 0:02:14.919 hobbyist law enforcement drones all operating legally and lawfully, and 0:02:15.200 --> 0:02:18.000 or civilian aviation aircraft. 0:02:18.160 --> 0:02:20.800 White House spokesman John Kirby says the FBI followed up 0:02:20.840 --> 0:02:22.680 on one hundred tips out of the more than five 0:02:22.800 --> 0:02:26.080 thousand it's received in recent weeks. President like Trump says 0:02:26.120 --> 0:02:28.400 he thinks the White House knows more than it's saying. 0:02:28.639 --> 0:02:31.400 They know where it came from and where it went, 0:02:32.680 --> 0:02:35.480 and for some reason they don't want to comment, and 0:02:35.520 --> 0:02:37.320 I think they'd be better of saying what it is. 0:02:37.360 --> 0:02:41.560 Our military knows than our president knows, and for some 0:02:41.600 --> 0:02:43.440 reason they want to keep people in suspense. 0:02:43.680 --> 0:02:46.000 The President elect says he doesn't think it's the enemy, 0:02:46.040 --> 0:02:48.560 but he suggested his new Jersey golf course could be 0:02:48.560 --> 0:02:52.680 a target, saying they're flying very close to Bedminster Well Nathan. 0:02:52.720 --> 0:02:55.799 President elect Trump also discussed immigration at Is mar a 0:02:55.880 --> 0:02:59.320 Lago news conference. He threatened legal action against the vided 0:02:59.360 --> 0:03:03.799 Administration for selling unused materials from his border wall with Mexico. 0:03:04.120 --> 0:03:06.360 We're going to have to rebuild it, and it'll cost 0:03:06.600 --> 0:03:09.120 double what it costs years ago, and that's hundreds of 0:03:09.160 --> 0:03:10.120 millions of dollars. 0:03:10.480 --> 0:03:13.480 The president elect was also asked if he's had preliminary 0:03:13.480 --> 0:03:16.720 talks with Venezuela and other countries about his promised mass 0:03:16.760 --> 0:03:20.880 deportation of millions of immigrants. Trump said, quote, they'll take 0:03:20.919 --> 0:03:24.040 them back. Bloomberg News has learned Trump's transition team has 0:03:24.080 --> 0:03:27.600 begun back channel talks with Mexico and El Salvador about 0:03:27.639 --> 0:03:32.000 taking in undocumented migrants. Advisors involved in the effort include 0:03:32.040 --> 0:03:35.760 incoming National Security Advisor Mike Waltz and Deputy Chief of 0:03:35.800 --> 0:03:36.920 Staff Stephen Miller. 0:03:37.120 --> 0:03:39.640 Current presidents like Trump also talked about his pick to 0:03:39.720 --> 0:03:42.160 lead the Department of Health and Human Services, Robert F. 0:03:42.240 --> 0:03:43.000 Kennedy Junior. 0:03:43.320 --> 0:03:45.440 I think he's going to be much less radical than 0:03:45.480 --> 0:03:47.480 you would think. I think he's got a very open mind, 0:03:47.560 --> 0:03:49.120 or I wouldn't have put him there. He's going to 0:03:49.160 --> 0:03:50.640 be very much less radical. 0:03:51.320 --> 0:03:52.520 But there are problems. 0:03:52.600 --> 0:03:54.400 I mean, we don't do as well as a lot 0:03:54.400 --> 0:03:55.200 of other nations. 0:03:55.360 --> 0:03:58.560 The president spoke as Kennedy kicked off meetings with Senate 0:03:58.600 --> 0:04:02.040 Republicans ahead of his conformation hearings. Senator Mark Wayne Mullen 0:04:02.120 --> 0:04:04.280 said after their meeting he plans to vote yes and 0:04:04.280 --> 0:04:07.080 the Kennedy supports the polio vaccine, in his words, one 0:04:07.200 --> 0:04:10.920 hundred percent. Kennedy also met with Florida Senator Rick Scott 0:04:10.960 --> 0:04:13.080 and has more meetings this week with Lindsay Graham of 0:04:13.120 --> 0:04:15.960 South Carolina and Senate Finance Chairman Mike Crapo. 0:04:16.680 --> 0:04:19.560 Nathan, the CEO of TikTok, met with Trump at mar 0:04:19.560 --> 0:04:22.599 A Lago on Monday, just weeks before the popular video 0:04:22.640 --> 0:04:24.840 app is expected to be banned in the US over 0:04:25.040 --> 0:04:28.920 national security concerns. The private meeting came just hours after 0:04:28.960 --> 0:04:32.039 Trump suggested he'd somehow try to reverse the band to 0:04:32.080 --> 0:04:34.839 save TikTok, which he used to reach young voters on 0:04:34.880 --> 0:04:35.679 the campaign trail. 0:04:36.000 --> 0:04:38.480 Turn back to markets now, Karen, as we watch futures 0:04:38.520 --> 0:04:41.520 move lower a day after the Nasdaq one hundred closed 0:04:41.560 --> 0:04:44.160 at an all time high. The moves come a day 0:04:44.200 --> 0:04:47.840 before the final FED great decision of the year. Veronica 0:04:47.880 --> 0:04:51.880 Willis is a global investment strategist at Wells Fargo Investment Institute. 0:04:51.960 --> 0:04:54.200 I think we're going to move from the market being 0:04:54.440 --> 0:04:59.920 excited about an easier FED to refocusing on excitement or 0:05:00.000 --> 0:05:03.800 around economic growth. So I think through the early part 0:05:03.800 --> 0:05:06.039 of twenty twenty five, the FED may still be able 0:05:06.080 --> 0:05:09.240 to cut rates, but as we see growth strengthen and 0:05:09.480 --> 0:05:12.719 as we see inflation maybe moving a little bit higher, 0:05:13.000 --> 0:05:15.080 we're probably not going to be able to see the 0:05:15.080 --> 0:05:16.440 Fed continuing. 0:05:15.920 --> 0:05:19.120 To cut rate Well, As Fargo Investment Institute's Veronica Willis says, 0:05:19.120 --> 0:05:21.279 the Fed is widely expected to cut rates a quarter 0:05:21.320 --> 0:05:24.960 percentage point tomorrow. Stick with Bloomberg for full Fed coverage 0:05:24.960 --> 0:05:28.520 on a special edition of Bloomberg Surveillance. The Fed decides 0:05:28.600 --> 0:05:32.200 that's tomorrow, one thirty pm Wall Street Time on Bloomberg 0:05:32.279 --> 0:05:33.360 Radio and television. 0:05:33.560 --> 0:05:36.040 Well, Nathan, look for a tenure treasury yields to climb 0:05:36.120 --> 0:05:38.880 under President Trump. That's the word from t ROW Price. 0:05:38.960 --> 0:05:41.159 In fact, the firm says yields may climb to six 0:05:41.200 --> 0:05:43.400 percent for the first time in more than two decades 0:05:43.640 --> 0:05:46.960 as US fiscal woes worsen and Trump's policies help keep 0:05:47.000 --> 0:05:51.080 inflation elevated. Tenure Treasury yield, which influences the pricing of 0:05:51.160 --> 0:05:54.719 everything from corporate debt to mortgages, is currently trading at 0:05:54.760 --> 0:05:56.040 four point four to two percent. 0:05:56.320 --> 0:05:59.280 When it comes to interest rates. Overseas, Karen Traders see 0:05:59.320 --> 0:06:02.600 fewer cut by the Bank of England. That's after data 0:06:02.640 --> 0:06:05.719 showed UK wages rose more than forecast in the three 0:06:05.720 --> 0:06:08.760 months through October, the implied chance of a third quarter 0:06:08.800 --> 0:06:11.640 percentage point cut from the BOE in twenty twenty five 0:06:11.720 --> 0:06:15.559 fell below fifty percent. That's down from ninety percent ahead 0:06:15.600 --> 0:06:16.480 of the report. 0:06:16.640 --> 0:06:19.000 And staying in Europe here Nathan. The Bank of France 0:06:19.040 --> 0:06:21.760 has cut its domestic growth outlook, just days after President 0:06:21.800 --> 0:06:25.440 Emmanuel mccron named the country's fourth prime minister in a year. 0:06:25.760 --> 0:06:28.960 We get more from Bloomberg Senior editor Phil Serafino. 0:06:29.440 --> 0:06:32.560 It's not great news. Growing economy can really help France 0:06:32.600 --> 0:06:34.920 with a lot of its budget problems, and growth has 0:06:35.080 --> 0:06:37.320 just not been great for a long time and it's 0:06:37.360 --> 0:06:40.080 going in the wrong direction. The head of the Central Bank, 0:06:40.279 --> 0:06:42.960 Francois de Luis de Gallo, is out doing media now 0:06:43.000 --> 0:06:45.159 to talk about this report, and he's got a pretty 0:06:45.160 --> 0:06:48.279 strong message also, which is that this political discord is 0:06:48.320 --> 0:06:50.960 really a problem. There was a quote he said at 0:06:51.040 --> 0:06:54.680 risk gradual economic decline, which is not something you want 0:06:54.720 --> 0:06:55.040 to hear. 0:06:55.440 --> 0:06:58.680 And Bloomberg's Phil Serafino says the French Central Bank now 0:06:58.720 --> 0:07:02.400 expects only a ten percent expansion in twenty twenty five 0:07:02.520 --> 0:07:05.400 instead of one point two percent had predicted in September. 0:07:08.560 --> 0:07:09.800 And it's time now for a look at some of 0:07:09.840 --> 0:07:12.000 the other stories making news in New York and around 0:07:12.080 --> 0:07:14.559 the world. And for that we're joined by Bloomberg's John Tunker. 0:07:14.640 --> 0:07:15.720 John Good Morning, Yeah. 0:07:15.600 --> 0:07:19.000 Good morning, Karen. Another deadly school shooting, a fifteen year 0:07:19.000 --> 0:07:21.560 old student killed a teacher and another teenager with a 0:07:21.600 --> 0:07:25.880 handgun Bunday at a Christian school in Wisconsin. Madison Police 0:07:25.960 --> 0:07:27.080 chief shown Barnes. 0:07:27.520 --> 0:07:30.360 She was a student at the school and evidence suggests 0:07:30.880 --> 0:07:34.240 she died from a self and afflicted gunshot warm Well. 0:07:34.240 --> 0:07:37.040 The female student also wounded six others at a study 0:07:37.040 --> 0:07:40.600 hall at the Abundant Life Christian School, including two students 0:07:40.640 --> 0:07:43.960 who were in critical condition. And Canada, the Prime Minister 0:07:44.000 --> 0:07:47.520 there Justin Trudeau's administration has been thrown into crisis. His 0:07:47.680 --> 0:07:52.000 trusted deputy, the Finance Minister, Christia Freeland, published a withering 0:07:52.080 --> 0:07:55.000 resignation letter. It left you to weekend at the worst 0:07:55.000 --> 0:07:57.800 possible time to doing. His cabinet have been struggling for 0:07:57.840 --> 0:08:01.040 weeks to show a united front. Donald Trump's threat to 0:08:01.040 --> 0:08:05.800 slap twenty five percent tariffs on Canadian goods the president elected, 0:08:05.960 --> 0:08:08.440 giving some hope to New York City Mayor Eric Adams. 0:08:08.760 --> 0:08:11.200 Donald Trump was asked if he pardoned Adams, who's been 0:08:11.240 --> 0:08:13.120 indicted on federal corruption charges. 0:08:13.520 --> 0:08:15.000 Yeah, I would certainly look at it. 0:08:15.360 --> 0:08:18.800 Bloomberg TV. Yesterday, Adams painted himself as a victim. 0:08:19.360 --> 0:08:24.600 President Biden stated that his Justice Department has been politicized. 0:08:24.800 --> 0:08:26.840 President Trump said that I said that. 0:08:27.400 --> 0:08:30.080 Adams said he's moving forward and committed to running for 0:08:30.120 --> 0:08:32.480 re election. We'll have more of his interview in a 0:08:32.480 --> 0:08:36.440 few minutes. A major earthquake and Vanatu appears to have 0:08:36.520 --> 0:08:39.679 damaged buildings in the Pacific onland Nation. The seven point 0:08:39.679 --> 0:08:43.280 three magnitude quake strunk about nineteen miles from Vanadou's capital. 0:08:43.640 --> 0:08:47.360 The US embassy has attained considerable damage. It's closed until 0:08:47.360 --> 0:08:51.080 further notice. The y Shape Archipelago and the South Pacific 0:08:51.160 --> 0:08:53.640 is home to about three hundred and thirty thousand people. 0:08:54.160 --> 0:08:56.520 Global News twenty four hours day, whenever you wanted with 0:08:56.559 --> 0:09:00.480 Bloomberg News. Now, I'm John Tucker and this is Bloomberg Karen. 0:09:00.679 --> 0:09:07.480 All right, John, thank you time now for the Bloomberg 0:09:07.520 --> 0:09:10.040 Sports update, brought to you by Tri State Outy. Here's 0:09:10.080 --> 0:09:10.920 John Stashauer. 0:09:11.040 --> 0:09:13.240 John, Good morning, Jim Morning Karen's been quite a season 0:09:13.240 --> 0:09:16.120 in Minnesota. Vikings went just seven and ten last year 0:09:16.120 --> 0:09:18.960 and drafted a new quarterback. JJ McCarthy got hurt, so 0:09:19.360 --> 0:09:22.120 the Vikes turned to the journeyman Sam Donald and he's 0:09:22.160 --> 0:09:25.160 been terrific. Ost in Chicago, Donald of the Vikings struck 0:09:25.400 --> 0:09:31.520 in the first quarter. Reaction from Donaldson touchdown, Jefferson. 0:09:39.640 --> 0:09:41.640 Shout out to Randy Boss after the. 0:09:41.640 --> 0:09:44.520 Touchdown from Justin Jefferson his. 0:09:44.440 --> 0:09:46.760 Eighth of the year, esping the call Randy Moss, the 0:09:46.760 --> 0:09:49.640 former Vikings great, just reveal the s cancer in Minnesota 0:09:49.679 --> 0:09:52.360 went on to win thirty to twelve, Now twelve and two. 0:09:52.520 --> 0:09:54.920 With seven wins in a row and with Detroit's last Sunday, 0:09:55.280 --> 0:09:58.040 there's a tie for first. In the NFC North. Atlanta 0:09:58.080 --> 0:10:01.160 won in Las Vegas fifteen to nine Falcons and the 0:10:01.160 --> 0:10:03.760 four game losing Streek. They're one game out. In the 0:10:03.880 --> 0:10:06.360 NFC South, the Raiders are two and twelve. They're tied 0:10:06.400 --> 0:10:09.320 with the Giants for the NFL's worst record. Kansas City 0:10:09.600 --> 0:10:12.400 has the best at thirteen and one, hosting Houston Saturday. 0:10:12.480 --> 0:10:15.839 May not have Patrick Maholmes has a mild high ankle 0:10:15.880 --> 0:10:18.120 sprain there's no reason to think he won't be fine 0:10:18.480 --> 0:10:21.439 for the playoffs. Blowout at Barkley's. Cleveland's got the NBA's 0:10:21.440 --> 0:10:24.320 best record twenty three and four calves up by twenty 0:10:24.360 --> 0:10:26.199 in the first quarter. They beat the Nets one thirty 0:10:26.200 --> 0:10:28.679 to one oh one in Vegas. Tonight, it's Milwaukee and 0:10:28.679 --> 0:10:31.600 Oklahoma City in the nd season NBA Cup Final. John 0:10:31.640 --> 0:10:33.439 Stanshaward Bloomberg Sports, Karon. 0:10:33.400 --> 0:10:35.480 Nathan all Right, John, thank you on Bloomberg day Break. 0:10:35.480 --> 0:10:37.520 Brown to you by Audi. Visit your Trent State AUDI 0:10:37.600 --> 0:10:39.480 dealer today and get behind the wheel of the Audi 0:10:39.559 --> 0:10:40.880 model you've always wanted. 0:10:43.080 --> 0:10:47.480 Coast to coast on Bloomberg Radio, nationwide on Sirius XM, and. 0:10:47.520 --> 0:10:50.760 Around the world on Bloomberg dot Com and the Bloomberg 0:10:50.840 --> 0:10:51.480 Business app. 0:10:51.720 --> 0:10:53.640 This is Bloomberg Daybreak. 0:10:53.840 --> 0:10:56.360 Good Morning on Nathan Hagar. Donald Trump might not be 0:10:56.440 --> 0:10:58.800 able to leave his legal issues fully behind him when 0:10:58.800 --> 0:11:00.800 he returns to the White House next month. The New 0:11:00.840 --> 0:11:03.440 York judge who's been overseeing the President elects hush money 0:11:03.480 --> 0:11:06.840 case is leaving his felony convictions intact, though it's not 0:11:06.880 --> 0:11:08.800 clear if the incoming President's going to have to face 0:11:08.800 --> 0:11:11.240 sentencing over this for more and on all the political 0:11:11.240 --> 0:11:14.040 headlines this morning. We are joined by Bloomberg News Senior 0:11:14.160 --> 0:11:17.839 editor Bill Ferries. Bill, good morning. So where does this 0:11:17.920 --> 0:11:20.319 decision leave the case now for President Electrump? 0:11:21.160 --> 0:11:24.120 Well, good morning, Nathan. I mean it does leave it 0:11:24.160 --> 0:11:26.280 in still a bit of a limbo. I mean Judge 0:11:26.760 --> 0:11:29.800 Judge Murchon here in New York saying that basically the 0:11:29.840 --> 0:11:34.560 immunity argument that Donald Trump and his lawyers have put 0:11:34.640 --> 0:11:38.360 forward in this case really doesn't apply to this situation. 0:11:38.400 --> 0:11:40.480 I mean, this is you know, you have to remember 0:11:40.600 --> 0:11:44.040 back now it's almost eight years. This goes back to 0:11:44.080 --> 0:11:47.880 the Stormy Daniel's case in the twenty sixteen election campaign. 0:11:48.760 --> 0:11:52.319 Mrchon basically saying, none of the rulins from the Supreme 0:11:52.360 --> 0:11:55.720 Court that deal with Donald Trump's immunity as president have 0:11:55.800 --> 0:11:59.360 any bearing here. But the reality is that the you know, 0:11:59.400 --> 0:12:03.040 the sentence is probably not going to happen or it's 0:12:03.080 --> 0:12:05.240 going to be a lot of questions about whether he 0:12:05.280 --> 0:12:07.960 could face even a fine at this point, which was 0:12:08.200 --> 0:12:11.320 kind of the most likely scenario. So that's something that's 0:12:11.320 --> 0:12:13.120 still going to play out. But it is a legal 0:12:13.160 --> 0:12:15.800 setback for the president. It shows that there are some 0:12:16.080 --> 0:12:19.760 limits to that immunity ruling that we got earlier this year. 0:12:19.880 --> 0:12:22.400 Well, it doesn't seem like that legal cloud was much 0:12:22.480 --> 0:12:24.600 of an impact for the President to elect. As he 0:12:24.600 --> 0:12:28.439 held this wide ranging news conference at Amara Lago yesterday, 0:12:28.480 --> 0:12:31.040 he really seemed to relish the President in waiting role. 0:12:32.040 --> 0:12:34.840 Oh absolutely, I was putting down a list of everything 0:12:34.920 --> 0:12:37.120 he hid in that. Besides, you know, there's TikTok and 0:12:37.200 --> 0:12:41.480 return to office investments in the US pardons potentially for 0:12:41.559 --> 0:12:46.080 the New York mayor the Iowa Polster. Going after that, 0:12:46.160 --> 0:12:48.480 I mean, it was drones in New Jersey. I mean, 0:12:48.520 --> 0:12:51.480 you can almost throw a dart at aboard and you'll 0:12:51.559 --> 0:12:55.320 hit an issue that he raised there, But particularly of 0:12:55.360 --> 0:13:00.600 interest was Ukraine and how his view that needs to 0:13:00.600 --> 0:13:03.560 come to an end very quickly. Was very dismissive of 0:13:03.640 --> 0:13:07.360 the idea that the US has allowed Ukraine to hit 0:13:07.440 --> 0:13:09.840 targets deep within Russia, and he said there's got to 0:13:09.840 --> 0:13:10.640 be a deal soon. 0:13:11.080 --> 0:13:12.920 Well you have to wonder though, whether there's going to 0:13:12.960 --> 0:13:15.520 be a deal with this latest development just this morning 0:13:15.559 --> 0:13:19.199 that Ukraine's claiming responsibility for the assassination of a top 0:13:19.280 --> 0:13:20.880 Russian general in Moscow. 0:13:20.920 --> 0:13:24.400 Bill, Yeah, we're looking at still all just breaking in 0:13:24.440 --> 0:13:27.480 the last hour or so, Ukraine's saying that it was 0:13:27.520 --> 0:13:30.880 behind the killing of this lieutenant general who helped oversee 0:13:31.800 --> 0:13:38.079 Russia's radiological, chemical and biological defense forces in an explosion 0:13:38.320 --> 0:13:41.760 in Moscow early. We don't know what the ramifications of 0:13:41.800 --> 0:13:44.840 that are going to be, how Putin might respond, but 0:13:44.920 --> 0:13:48.240 it's certainly a sign that continues to be ways for 0:13:48.360 --> 0:13:50.360 both sides to escalate in this conflict. 0:13:50.520 --> 0:13:53.920 This is Bloomberg Daybreak, your morning podcast on the stories 0:13:54.000 --> 0:13:57.040 making news from Wall Street to Washington and beyond. 0:13:57.280 --> 0:13:59.640 Look for us on your podcast feed by six am 0:13:59.679 --> 0:14:03.120 Easter each morning, on Apple, Spotify, or anywhere else you listen. 0:14:03.320 --> 0:14:06.200 You can also listen live each morning starting at five 0:14:06.240 --> 0:14:08.839 am Wall Street time on Bloomberg eleven three to zero 0:14:08.960 --> 0:14:11.840 in New York, Bloomberg in ninety nine to one in Washington, 0:14:11.920 --> 0:14:15.800 Bloomberg ninety two nine in Boston, and nationwide on serious 0:14:16.040 --> 0:14:17.600 XM Channel one twenty one. 0:14:18.000 --> 0:14:20.760 Plus listen coast to coast on the Bloomberg Business app 0:14:20.800 --> 0:14:23.960 now with Apple CarPlay and Android Atto interfaces, And. 0:14:23.960 --> 0:14:26.920 Don't forget to subscribe to Bloomberg News Now. It's the 0:14:26.960 --> 0:14:30.120 latest news whenever you want it in five minutes or less. 0:14:30.400 --> 0:14:33.480 Search Bloomberg News Now on your favorite podcast platform to 0:14:33.480 --> 0:14:37.000 stay informed all day long. I'm Karen Moscow. 0:14:36.800 --> 0:14:39.320 And I'm Nathan Hager. Join us again tomorrow morning for 0:14:39.360 --> 0:14:41.280 all the news you need to start your day right 0:14:41.320 --> 0:14:42.360 here on Bloomberg. 0:14:42.440 --> 0:14:42.800 Dabray