Obamas Praise Harris and Jab Trump; Traders Ready for Jackson Hole

Bloomberg Audio Studios, podcasts, radio news. Good morning, I'm Nathan 0:00:12.119 --> 0:00:15.080 Hager and I'm Karen Moscow. Here are the stories we're 0:00:15.120 --> 0:00:16.560 following today, Karen. 0:00:16.600 --> 0:00:19.560 We began in Chicago for nine two of the Democratic 0:00:19.680 --> 0:00:24.159 National Convention, taking center stage former President Barack Obama and 0:00:24.320 --> 0:00:28.520 former First Lady Michelle Obama. The Chicago Natives highlighted Kamala 0:00:28.560 --> 0:00:31.680 Harris's vision for the country while directing sharp jabs at 0:00:31.720 --> 0:00:35.800 former President Trump. Former President Obama praised Harris as the 0:00:35.800 --> 0:00:36.960 party's future. 0:00:37.120 --> 0:00:43.720 Discourage and conflict, fighting disease, promoting human rights, protecting the 0:00:43.760 --> 0:00:48.720 planet from klimate change, the feminine freedom, Brooklyn peace. 0:00:49.560 --> 0:00:50.959 That's what Kanada. 0:00:50.640 --> 0:00:53.239 Harris Bill is, and so the most America. 0:00:53.280 --> 0:00:56.080 And the former president called Donald Trump a billionaire who 0:00:56.080 --> 0:00:59.040 has not stopped whining about his problem since he sought 0:00:59.080 --> 0:01:00.680 the presidency in twenty fifteen. 0:01:01.240 --> 0:01:08.840 There's the childish nicknames, the crazy conspiracy theories, this weird 0:01:08.840 --> 0:01:10.440 obsession with crowd sizes. 0:01:12.200 --> 0:01:15.880 Along with Barack Obama, his wife Michelle drew huge applause 0:01:15.920 --> 0:01:18.720 with a jab at Trump's promise to deliver more quote 0:01:18.760 --> 0:01:19.600 black jobs. 0:01:20.160 --> 0:01:23.080 Who's gonna tell him, Who's gonna tell him that the 0:01:23.200 --> 0:01:26.320 job he's currently seeking might just be one of those black. 0:01:26.200 --> 0:01:30.920 Jobs, and along with Michelle and Barack Obama, featured speakers 0:01:30.920 --> 0:01:34.160 on the night included Vermont Senator Bernie Sanders and Illinois 0:01:34.200 --> 0:01:34.920 Governor J. B. 0:01:35.080 --> 0:01:35.600 Pritzker. 0:01:36.200 --> 0:01:38.839 Well Nathan After making a surprise appearance on the first 0:01:38.920 --> 0:01:42.640 night of the DNC, Vice President Harris was absent last night, 0:01:42.720 --> 0:01:45.360 but she wasn't too far away. Harris and her running 0:01:45.400 --> 0:01:48.920 mate Tim Watz, We're holding a campaign rally in Milwaukee. 0:01:49.280 --> 0:01:52.680 The Harris campaigns hoping to rebuild the multi ethnic, multi 0:01:52.760 --> 0:01:56.680 generational coalition that elected Obama twice. And in the latest 0:01:56.760 --> 0:02:01.200 Bloomberg Morning Consul pull Harrison Trump or in a statistical 0:02:01.360 --> 0:02:03.720 dead heat in the swing states that will likely to 0:02:03.760 --> 0:02:07.360 sign November's election. The statistical margin of error is plus 0:02:07.440 --> 0:02:11.120 or minus one percentage point across the seven swing states. 0:02:11.320 --> 0:02:14.520 Meanwhile, Karen Trump is testing out new messaging for his 0:02:14.720 --> 0:02:18.240 third presidential campaign. Bloomberg's At Baxter has that story. 0:02:18.400 --> 0:02:20.960 Trump is trying to change his strategy midstream, with the 0:02:21.000 --> 0:02:24.320 other side talking about unity and about him being a 0:02:24.360 --> 0:02:28.919 divisive figure participating in culture wars, so he is now 0:02:28.960 --> 0:02:32.400 saying he is not radical. Quote, I'm just a common 0:02:32.760 --> 0:02:37.560 sense person that has been successful. Common sense. He's been 0:02:37.560 --> 0:02:40.600 in Michigan talking that regarding law enforcement. 0:02:40.160 --> 0:02:42.799 This is a very dangerous time that we're in. 0:02:43.480 --> 0:02:47.000 It's dangerous in terms of crime and all, but it's 0:02:47.080 --> 0:02:49.880 very dangerous in terms of impossible World War three. 0:02:50.440 --> 0:02:54.840 He also says about the party Conservative, Yeah, I guess conservative. 0:02:55.120 --> 0:02:57.920 It doesn't matter at Baxter Bloomberg Radio. 0:02:58.200 --> 0:03:00.800 Right, thank you, and as the name gets to know, 0:03:00.840 --> 0:03:04.160 Trump's running mate JD. Vance, along with Harris's running mate 0:03:04.160 --> 0:03:07.320 Tim Waltz, the Ohio Senator, is off to a rockier start. 0:03:07.320 --> 0:03:09.919 A new poll from the Associated Press and NRC Center 0:03:09.960 --> 0:03:13.440 for Public Affairs Research shows about one third of American 0:03:13.480 --> 0:03:16.880 adults have a favorable view of Waltz twenty seven percent 0:03:16.960 --> 0:03:19.360 have a positive view of Vans. Both are well liked 0:03:19.360 --> 0:03:22.760 within their parties, but significantly more adults have also have 0:03:22.800 --> 0:03:26.760 an unfavorable view of Vance than Waltz. The poll's margin 0:03:26.760 --> 0:03:29.519 of area is plus or minus three point eight percentage points. 0:03:29.840 --> 0:03:33.240 Waltz speaks at the DNC tonight on. 0:03:33.360 --> 0:03:35.640 Nathan turning to the Middle East. Now, US Secretary of 0:03:35.640 --> 0:03:38.520 State Anthony Blincoln left the region after failing to secure 0:03:38.560 --> 0:03:41.280 a deal to stop the fighting between Hamas and Israel. 0:03:41.400 --> 0:03:45.040 Before boarding a plane to Washington, Blincoln emphasized an urgent 0:03:45.280 --> 0:03:46.560 need for a peace deal. 0:03:47.080 --> 0:03:51.400 Our message is simple, it's clear, and it's urgent. 0:03:51.960 --> 0:03:52.600 We need to. 0:03:52.520 --> 0:03:55.720 Get the ceasefire and hostage agreement over the finish line, 0:03:55.840 --> 0:03:57.000 and we need to do it now. 0:03:57.440 --> 0:04:00.000 And Secretary of State Blincoln met with Egyptian and could 0:04:00.000 --> 0:04:02.880 try officials before returning home. It marked is Nei the 0:04:02.880 --> 0:04:05.520 trip to the Middle East since the war began last year. 0:04:05.680 --> 0:04:08.160 Well, saying overseas, Karen, we continue to follow the tragedy 0:04:08.200 --> 0:04:10.880 off the coast of Sicily. British tech tycoon Mike Lynch 0:04:10.960 --> 0:04:13.920 is one of six people feared dead after a storm 0:04:14.080 --> 0:04:16.359 sank the luxury yacht they were on. Earlier this week. 0:04:16.720 --> 0:04:20.719 Morgan Stanley International chairman Jonathan Bloomer is also among those 0:04:20.880 --> 0:04:24.080 missing six. The Italian Coastguard says it will continue the 0:04:24.120 --> 0:04:26.040 search for the sunken wreckage today. 0:04:26.600 --> 0:04:29.880 Well, turning now to the economy, Nathan, Traders are gearing 0:04:29.960 --> 0:04:32.600 up for a key speech from FED chair j Powell 0:04:32.600 --> 0:04:36.080 at Jackson Hole this Friday. Bond traders are currently taking 0:04:36.120 --> 0:04:39.440 on a record amount of risk with leverage positions in 0:04:39.520 --> 0:04:42.839 Treasury futures sitting at an all time high. It marks 0:04:42.839 --> 0:04:45.559 a big bet that the Fed's readying to cut interest rates. 0:04:45.720 --> 0:04:49.080 Bloomberg Chief economist Anna Wong says she expects Powell to 0:04:49.120 --> 0:04:51.279 deliver a dubvish signal on Friday. 0:04:51.760 --> 0:04:55.400 I think Powell will declare that the balance of risk 0:04:55.480 --> 0:04:59.400 between the full employment and at price stability mande is 0:04:59.480 --> 0:05:04.039 about e now, and we have complete the economy has 0:05:04.320 --> 0:05:08.440 completed the process of normalization, and basically he just I 0:05:08.480 --> 0:05:11.359 think it's a green light for right cuts in the future. 0:05:11.680 --> 0:05:14.640 Bloomberg Chief economist Anda Wong says traders will get further 0:05:14.720 --> 0:05:17.640 clues on possible cuts later today when the FED issues 0:05:17.680 --> 0:05:20.600 minutes of July's policy meeting. Make sure to catch a 0:05:20.680 --> 0:05:25.240 special edition of Bloomberg Surveillance Lie from Jackson Hole That's Friday, 0:05:25.360 --> 0:05:28.240 starting at nine am Wall Street Time on Bloomberg Radio 0:05:28.360 --> 0:05:29.160 and television. 0:05:29.279 --> 0:05:31.919 The Karen Traders are also closely following Fed speak for 0:05:32.000 --> 0:05:34.960 more clues on potential right cuts. FED Governor Michelle Bowman 0:05:35.000 --> 0:05:39.159 said she would support decreases if growth in prices slows further. 0:05:39.520 --> 0:05:43.240 Bowman spoke at the Alaska Bankers Association Anchorage. She also 0:05:43.240 --> 0:05:47.120 warned of upside risk from geopolitics and increased housing. 0:05:46.800 --> 0:05:50.960 Demand, and turning now to a key ruling in Texas Nathan, 0:05:51.080 --> 0:05:54.200 a federal judge has ruled the US Federal Trade Commission 0:05:54.320 --> 0:05:58.599 cannot enforce its near total ban on non compete agreements 0:05:58.680 --> 0:06:01.320 because the agency lacked the thirty to enact the rule. 0:06:01.839 --> 0:06:05.520 Judge Ada Brown in Dallas said the FTC's rule is 0:06:05.600 --> 0:06:09.680 unreasonably over broad. It prevents the agency rule from going 0:06:09.720 --> 0:06:13.240 into effect in September. The FDC said it's considering a 0:06:13.320 --> 0:06:14.320 potential appeal. 0:06:14.560 --> 0:06:18.000 Let's get to some company news now. Karen Walmart raised 0:06:18.040 --> 0:06:20.400 as much as three point seven billion dollars selling its 0:06:20.400 --> 0:06:24.039 stake in Chinese e commerce firm JD dot Com. The 0:06:24.040 --> 0:06:26.719 company's Hong Kong listed shares fell as much as twelve 0:06:26.760 --> 0:06:29.800 percent on the news. It's assigned Walmart is refining its 0:06:29.839 --> 0:06:34.160 strategy in China, which continues to face economic headwinds well. 0:06:34.160 --> 0:06:36.719 Also on the company news from Nathan, Netflix shares hit 0:06:36.760 --> 0:06:39.240 their first record in three years, taking out a high 0:06:39.240 --> 0:06:41.719 that stood since late twenty twenty. It comes after the 0:06:41.720 --> 0:06:44.400 streaming giant disclosed on more than one hundred and fifty 0:06:44.400 --> 0:06:47.799 percent increase in upfront ads sales commitments compared to twenty 0:06:47.920 --> 0:06:48.920 twenty three. 0:06:49.120 --> 0:06:51.200 And we got some big news this morning for our 0:06:51.279 --> 0:06:54.480 listeners in New England, Karen, because Bloomberg one oh, six' 0:06:54.520 --> 0:06:58.520 one and thirteen thirty are moving to ninety two nine 0:06:59.000 --> 0:07:03.040 FM this morning. But September third is when you can 0:07:03.080 --> 0:07:07.120 start listening to Bloomberg Radio in and around Boston on 0:07:07.240 --> 0:07:10.040 ninety two to nine FM, your new source for business 0:07:10.080 --> 0:07:13.880 news from the financial center of New England. Bloomberg Radio 0:07:14.200 --> 0:07:17.880 coming to ninety two nine FM noon the day after 0:07:17.960 --> 0:07:18.520 Labor Day. 0:07:22.400 --> 0:07:24.040 Ye time over look at some of the other stories 0:07:24.080 --> 0:07:25.760 making news in New York and around the world, and 0:07:25.840 --> 0:07:29.000 for that were joined by Bloomberg's Michael Barr Michael, good morning, Good. 0:07:28.800 --> 0:07:31.520 Morning, Karen. There were other speakers as well. During the 0:07:31.560 --> 0:07:35.320 second night at the Democratic National Convention. Senator Chuck Schumer 0:07:35.360 --> 0:07:38.320 of New York agreed with former President Barack Obama and 0:07:38.400 --> 0:07:41.640 First Lady Michelle Obama this is not the time to 0:07:41.840 --> 0:07:45.080 sit back and coast. After his speech, the Senate Majority 0:07:45.200 --> 0:07:46.640 leader spoke to ABC. 0:07:46.960 --> 0:07:50.040 Nobody does it better than Obama, but Michelle came real close. 0:07:50.160 --> 0:07:55.000 I mean, they were incredible and appealing both to the 0:07:54.680 --> 0:07:57.400 the problems of what a Trump administration would do. 0:07:58.000 --> 0:08:02.200 On Monday night, New York Representative Alexandria Ocassio Cortes spoke 0:08:02.480 --> 0:08:05.840 calling on Democrats to make history on November fifth. Now 0:08:05.880 --> 0:08:09.080 that New Jersey Senator Bob Menendez is now out of 0:08:09.120 --> 0:08:12.840 a job after his conviction on corruption charges, Senators have 0:08:12.920 --> 0:08:15.320 to figure out who will fill his seat on some 0:08:15.440 --> 0:08:19.640 powerful committees. Senate Democrats will likely use and interim appointee 0:08:19.680 --> 0:08:23.280 to fill those seats on the Finance, Banking, and Foreign 0:08:23.280 --> 0:08:27.240 Relations committees when the chamber returns early next month. An 0:08:27.240 --> 0:08:30.520 emerging short term option would be to hand the assignments 0:08:30.520 --> 0:08:34.800 to Democratic Senator designate George Helming, who new Jersey Governor 0:08:34.800 --> 0:08:38.840 Field Murphy appointed as a temporary replacement through the November 0:08:38.880 --> 0:08:43.120 general election. An explosion destroyed a Pennsylvania house, killing one 0:08:43.160 --> 0:08:46.800 person and injuring another. Firefighters in Lackawana County put the 0:08:46.800 --> 0:08:50.520 flames out at home in Jefferson Township. This neighbor felt 0:08:50.520 --> 0:08:51.040 the blast. 0:08:51.440 --> 0:08:53.880 I was mowing my backyard and I was head of 0:08:53.880 --> 0:08:58.160 this direction and basically just a huge boom. 0:08:58.840 --> 0:09:02.319 Investigators initially leave a pro pane leak in the home 0:09:02.440 --> 0:09:06.200 caused the blast. And Independent Commission released its report on 0:09:06.240 --> 0:09:09.800 the serial shooting in Lewiston, Maine, last October, which killed 0:09:09.840 --> 0:09:13.520 eighteen people and injured thirteen others. Dan Wathaon, chairman of 0:09:13.559 --> 0:09:17.360 the Independent Commission that investigated the shooting, says Robert cart 0:09:17.480 --> 0:09:21.920 was solely responsible for the shooting spree, but saying opportunities 0:09:21.920 --> 0:09:26.599 weremissed before the attack. Watham says the Army Reservist superiors 0:09:26.600 --> 0:09:29.760 failed to share information with the local sheriff's office about 0:09:29.840 --> 0:09:33.760 cards threatening and aggressive behavior and his collection of guns. 0:09:33.920 --> 0:09:38.520 The Army Reserve neglected to share all the information relating 0:09:38.559 --> 0:09:43.160 to cards threatening behavior with the sheriff's office and discouded 0:09:43.200 --> 0:09:46.160 some of the evidence about the threat He polls. 0:09:45.920 --> 0:09:48.440 Global news twenty four hours a day and whenever you 0:09:48.520 --> 0:09:51.319 want it with Bloomberg News Now. I'm Michael Barne. This 0:09:51.520 --> 0:09:52.120 is Bloomberg. 0:09:52.160 --> 0:09:59.240 Hearen, hurry, Michael Barr thank you Bes. Time now for 0:09:59.280 --> 0:10:02.040 the Bloombergs Update with John Stashauer. 0:10:02.160 --> 0:10:05.400 John, good morning, Good morning, Karen. With extra innings continuing 0:10:05.440 --> 0:10:07.520 to begin with the runner at second base. Games don't 0:10:07.559 --> 0:10:10.520 normally last twelve innings anymore. Of the Yankees and Guardians 0:10:10.720 --> 0:10:13.480 did go twelve at the Stadium, longest game played in 0:10:13.520 --> 0:10:16.800 the Majors this season in Cleveland, erupted with six runs 0:10:16.840 --> 0:10:18.880 in the twelfth David fry At a three run trip 0:10:18.920 --> 0:10:21.320 with the Guardians one nine to five, a game that 0:10:21.360 --> 0:10:25.440 saw sixteen different pitchers used. Thirty two runners were left on. 0:10:25.520 --> 0:10:28.400 Bajuan Soto and Aaron Judge began the night with back 0:10:28.440 --> 0:10:31.040 to back first hitting homer, Soto's thirty fifth the season 0:10:31.080 --> 0:10:33.839 to tire career high number forty five for Judge. The 0:10:33.920 --> 0:10:35.920 rare knight that saw both New York teams play at 0:10:35.920 --> 0:10:38.560 home at Cityfield. Baltimore led seven to one in the 0:10:38.559 --> 0:10:41.080 fifth inning. Mets scored four in the eighth JD. Martinez 0:10:41.120 --> 0:10:42.800 At a three run homer, but the Orioles won nine 0:10:42.840 --> 0:10:44.840 to five, and they moved back ahead of the Yankees 0:10:44.840 --> 0:10:47.040 into first place in the Al East. Mets fall two 0:10:47.080 --> 0:10:49.559 and a half behind Atlanta for the last playoff spot. 0:10:49.840 --> 0:10:51.880 Braves beat the Phillies three to one. Atlanta just lost 0:10:51.960 --> 0:10:54.120 third baseman Austin Riley for the rest of the season 0:10:54.160 --> 0:10:57.640 broken hand. They have signed one time Yankee, Geo or Sela. 0:10:57.760 --> 0:11:00.560 He just got released in Detroit Red Sox, the ex 0:11:00.679 --> 0:11:03.760 met Dom Smith. The Stots one, six to five in Houston. 0:11:03.880 --> 0:11:06.880 Jaron Durant four hits, including the go ahead home run 0:11:07.200 --> 0:11:10.000 eighth inning. Jets the Giants course Sheriff Stadium. They'll play 0:11:10.000 --> 0:11:13.840 a preseason game there on Saturday today, a joint practice 0:11:13.880 --> 0:11:16.720 between the two New York teams. Here's Aaron Rodgers. 0:11:16.800 --> 0:11:20.000 Excited to see see Elik. You know, see what he's 0:11:20.040 --> 0:11:22.679 on about. A good opportunity for end. We're going to 0:11:22.679 --> 0:11:26.040 get some, you know, our premier corners. And anytime you 0:11:26.040 --> 0:11:28.319 get teams together, it's always interesting you see how it 0:11:28.400 --> 0:11:32.600 shakes out as far as you know, personalities and pushing 0:11:32.640 --> 0:11:35.160 and shoving, and there's you know, there's a fear of 0:11:36.200 --> 0:11:37.120 somebody throwing a punch. 0:11:37.160 --> 0:11:39.760 And Rodgers was referring to the Giants. Rookie white Out 0:11:39.800 --> 0:11:42.960 maleak Neighbors US Open starts Monday. Yannie Center is the 0:11:43.000 --> 0:11:47.200 men's top seed. He tested positive for steroids this past spring, 0:11:47.280 --> 0:11:50.360 but it's been ruled and it was in his system unintentionally. 0:11:50.720 --> 0:11:53.400 Center will be allowed to play the Open. John Stashed 0:11:53.520 --> 0:11:54.559 wear Bloomberg. 0:11:54.200 --> 0:12:00.680 Sports Coast to Coast on Bloomberg Radio, nationwide on SEREA XM, 0:12:00.760 --> 0:12:03.640 and around the world on Bloomberg dot Com and the 0:12:03.720 --> 0:12:08.000 Bloomberg Business app. This is Bloomberg Daybreak. Good morning, I'm 0:12:08.080 --> 0:12:08.720 Nathan Hager. 0:12:08.920 --> 0:12:12.560 Night two of the Democratic National Convention saw Barack and 0:12:12.600 --> 0:12:16.040 Michelle Obama energize the crown in Chicago with a rousing 0:12:16.120 --> 0:12:19.840 endorsement of Kamala Harris and a warning about Donald Trump. 0:12:20.080 --> 0:12:24.680 We do not need four more years a bluster and 0:12:24.840 --> 0:12:29.959 bumbling and chaos. We have seen that movie before, and 0:12:30.080 --> 0:12:33.360 we all know that the sequel is usually worse. 0:12:35.720 --> 0:12:36.040 For more. 0:12:36.080 --> 0:12:38.880 This morning, we were joined by Lindsay Newman, geopolitical risk 0:12:38.960 --> 0:12:43.000 expert and calumnist for G zero Media. Lindsey, good morning. 0:12:43.080 --> 0:12:45.840 We heard the Obamas sort of try to recapture that 0:12:46.080 --> 0:12:49.880 energy from two thousand and eight. Can Kamala Harris carry 0:12:49.880 --> 0:12:50.520 that forward? 0:12:50.520 --> 0:12:53.760 Good morning morning, Nathan, Thanks for having me on you. 0:12:53.920 --> 0:12:56.720 This week's Democratic National Convention, as you say, represents a 0:12:56.760 --> 0:13:00.240 big test, and it's fair to say that Democrats have'sen 0:13:00.280 --> 0:13:02.920 a massive reversal and fortune over the last month. By 0:13:03.000 --> 0:13:05.840 most accounts, just about a month ago, six weeks ago, 0:13:06.120 --> 0:13:10.599 Donald Trump was slow walking to that sequel in November 0:13:10.880 --> 0:13:12.520 that we heard at the start here, and now the 0:13:12.520 --> 0:13:15.600 storyline has totally changed. I've heard people reflect on what's 0:13:15.640 --> 0:13:17.760 going on on the ground and the DNC as Democrats 0:13:17.800 --> 0:13:20.920 having faced a near death experience, Harris now head to 0:13:20.960 --> 0:13:24.439 head with Donald Trump. And of course, last night's theme 0:13:24.480 --> 0:13:26.760 around a bold vision for America, as you say, was 0:13:26.800 --> 0:13:29.800 headlined by the Obamas, who really wrapped Harris in this 0:13:29.920 --> 0:13:32.760 brand of hope that was so powerful when Obama ran 0:13:32.880 --> 0:13:34.839 for president in two thousand and eight the first time. 0:13:35.200 --> 0:13:37.720 And Harris's campaign has to be thrilled with how well 0:13:37.720 --> 0:13:40.320 the Obamas told it last night. You know, they contextualized 0:13:40.320 --> 0:13:45.360 her this moment. They embraced Harris's candidacy, saying that Harris 0:13:45.480 --> 0:13:48.360 is here for you. Michelle Obama said, the narrative is 0:13:49.440 --> 0:13:52.959 about her story is your story, and so that was 0:13:53.000 --> 0:13:54.880 a you know, this is a big moment for the 0:13:54.920 --> 0:13:55.760 campaign last night. 0:13:55.960 --> 0:13:57.400 I want to bring in a little bit more of 0:13:57.400 --> 0:13:59.800 what the former First Lady had to say as well, 0:14:00.040 --> 0:14:03.600 her warnings about the potential impact of former President Trump 0:14:03.679 --> 0:14:05.000 on this race. Let's listen to that. 0:14:05.600 --> 0:14:08.920 If they lie about her, and they will, we've got 0:14:08.960 --> 0:14:12.679 to do something. If we see a bad poll, and 0:14:12.800 --> 0:14:14.920 we will, we got to put down that phone and 0:14:15.320 --> 0:14:16.160 do something. 0:14:17.480 --> 0:14:20.520 Till now, there's been some downplaying of the idea of 0:14:20.520 --> 0:14:24.520 a threat to democracy that former President Trump poses, at 0:14:24.600 --> 0:14:27.720 least as the Democrats see it. What did you make 0:14:27.720 --> 0:14:29.880 of the message from Kamala Harris last or I'm sorry 0:14:29.920 --> 0:14:31.240 for Michelle Obama last night. 0:14:32.320 --> 0:14:35.760 Well, one of the big storylines that Michelle Obama clearly 0:14:35.800 --> 0:14:39.920 transmitted was that time is short. Barack Obama said, the 0:14:40.000 --> 0:14:42.760 job is, there's a job to do. It's only eleven weeks. 0:14:42.800 --> 0:14:45.840 Michelle said, you know, don't mind the foolishness if somebody 0:14:45.880 --> 0:14:47.720 hasn't called you up and said register to vote and 0:14:47.720 --> 0:14:50.120 get out to vote. It's time to do the work, 0:14:50.440 --> 0:14:52.800 you know, to do something and can I just are 0:14:52.880 --> 0:14:56.840 typically the sort of electrifying, unifying moments, but how well 0:14:56.880 --> 0:15:00.960 Harris holds together this party, including around fault line issues 0:15:01.000 --> 0:15:03.680 that are we're seeing along the sidelines Israel, Gaza, but 0:15:03.800 --> 0:15:07.120 also really begins this final campaign push, you know, after 0:15:07.200 --> 0:15:10.760 Labor Day, more eyes will be tuned in. Harris's fairy 0:15:10.760 --> 0:15:13.000 tale summer may come to an end. Whether it's a 0:15:13.040 --> 0:15:16.360 fairytale fall, we'll find out. But she's going to quickly 0:15:16.400 --> 0:15:19.200 be taking that debate stage against Donald Trump. Voters are 0:15:19.240 --> 0:15:21.840 going to be seeing her side to side, it's going 0:15:21.920 --> 0:15:24.560 to become much more focused in on policy and nuts 0:15:24.640 --> 0:15:28.000 and bolts. Barack Obama tried to sort of head this 0:15:28.120 --> 0:15:30.000 off by saying in his speech, you know, it's not 0:15:30.040 --> 0:15:32.520 really about policy or program, It's really more about what 0:15:32.560 --> 0:15:35.120 we all yearn for this America that is returning to 0:15:35.400 --> 0:15:36.880 America that. 0:15:36.840 --> 0:15:37.640 They knew before. 0:15:38.520 --> 0:15:41.600 But this is the reality of what lies ahead over 0:15:41.600 --> 0:15:42.640 these next eleven weeks. 0:15:42.880 --> 0:15:45.040 About thirty seconds left. What do you expect to hear 0:15:45.040 --> 0:15:48.240 from Tim Waltz as he introduces himself to a national 0:15:48.240 --> 0:15:48.960 audience tonight. 0:15:50.000 --> 0:15:51.960 Yeah, as you say, tonight is about the fight for 0:15:52.000 --> 0:15:54.680 our freedoms as the theme we have Waltz and Bill Clinton, 0:15:55.240 --> 0:15:57.440 we expect to see more of what we've seen from him, 0:15:57.480 --> 0:16:01.000 this sort of coach campaigner, a man, you know, the 0:16:01.320 --> 0:16:03.840 guy next door that everybody's sort of excited about in 0:16:03.880 --> 0:16:06.720 embracing and that comfort zone. And he's going to be 0:16:06.760 --> 0:16:08.400 a key surrogate for Harris. 0:16:08.600 --> 0:16:11.680 This is Bloomberg Daybreak Today, your morning brief on the 0:16:11.720 --> 0:16:15.120 stories making news from Wall Street to Washington and beyond. 0:16:15.400 --> 0:16:18.160 Look for us on your podcast feed at six am 0:16:18.240 --> 0:16:21.920 Eastern each morning, on Apple, Spotify, and anywhere else you 0:16:21.960 --> 0:16:23.200 get your podcasts. 0:16:23.280 --> 0:16:25.960 You can also listen live each morning starting at five 0:16:26.000 --> 0:16:28.600 am Wall Street Time, on Bloomberg eleven three to zero 0:16:28.680 --> 0:16:32.080 in New York, Bloomberg ninety nine one in Washington, Bloomberg 0:16:32.160 --> 0:16:34.840 one oh six to one in Boston, and Bloomberg ninety 0:16:34.840 --> 0:16:36.240 sixty in San Francisco. 0:16:36.600 --> 0:16:39.760 Our flagship New York station is also available on your 0:16:39.840 --> 0:16:45.280 Amazon Alexa devices. Just say Alexa Play Bloomberg eleven thirty plus. 0:16:45.280 --> 0:16:48.680 Listen coast to coast on the Bloomberg Business app, SERRIUSXM, 0:16:48.840 --> 0:16:53.080 the iHeartRadio app, and on Bloomberg dot Com. I'm Nathan Hager. 0:16:52.880 --> 0:16:56.000 And I'm Karen Moscow. Join us again tomorrow morning for 0:16:56.120 --> 0:16:58.640 all the news you need to start your day right 0:16:58.680 --> 0:17:00.280 here on Bloomberg day Break