Harris's Razor Thin Swing State Lead; NYC Mayor Defiant Against Charges

Bloomberg Audio Studios, Podcasts, Radio News. 0:00:09.720 --> 0:00:10.280 Good morning. 0:00:10.320 --> 0:00:13.119 I'm Nathan Hager and I'm Karen Moscow. Here are the 0:00:13.160 --> 0:00:14.640 stories we're following today. 0:00:14.880 --> 0:00:17.320 Karen, we begin with a focus on the presidential race 0:00:17.360 --> 0:00:21.120 and the results of our latest Bloomberg News Morning Consult poll. 0:00:21.200 --> 0:00:24.720 It shows Kamala Harris has trimmed Donald Trump's advantage when 0:00:24.720 --> 0:00:26.880 it comes to the number one issue in this race, 0:00:27.320 --> 0:00:30.200 the economy. Bloomberg's Amy Morris has the details. 0:00:30.680 --> 0:00:33.720 This poll focused on swing states, showing Harris now leading 0:00:33.760 --> 0:00:37.200 among likely voters by seven percentage points in Nevada, five 0:00:37.200 --> 0:00:40.920 points in Pennsylvania, three in Arizona, Michigan, and Wisconsin, two 0:00:40.920 --> 0:00:43.960 points in North Carolina, and in Georgia. There even her 0:00:44.040 --> 0:00:47.200 leads are within the poll's statistical margin of error. Now, 0:00:47.200 --> 0:00:50.279 across the seven states, Harris is ahead by three percentage 0:00:50.280 --> 0:00:53.959 points among likely voters. That's a statistically significant lead. That's 0:00:53.960 --> 0:00:57.080 about two points greater than last month. The poll underscores 0:00:57.080 --> 0:00:59.480 that this contest could be decided by the narrowest of 0:00:59.560 --> 0:01:02.080 margins or come down to a single state in the 0:01:02.080 --> 0:01:05.319 electoral college in Washington. Amy Moore as Bloomberg Radio. 0:01:05.560 --> 0:01:07.800 All right, Amy, thank you well. There's plenty of reaction 0:01:08.040 --> 0:01:10.839 pouring into our latest poll. Bill Ferries is a senior 0:01:10.959 --> 0:01:12.280 editor for Bloomberg News. 0:01:12.600 --> 0:01:16.400 The trend definitely breaking Harris's way so far, and one 0:01:16.440 --> 0:01:18.679 of the really interesting things about it is that she 0:01:18.840 --> 0:01:22.600 seems to be getting that momentum by chipping away at 0:01:22.640 --> 0:01:25.399 what has been Donald Trump's lead when it comes to 0:01:25.880 --> 0:01:29.800 voter's preference or voter's belief about who would handle the 0:01:29.840 --> 0:01:33.760 economy better. Overall, that is still an area where Donald 0:01:33.760 --> 0:01:37.160 Trump has a four point lead. That's down from six 0:01:37.200 --> 0:01:39.840 points in our previous survey. But when you break it 0:01:39.880 --> 0:01:42.720 down further and look at some of those individual areas 0:01:42.760 --> 0:01:46.520 within the economy, you see that Harris now people trust 0:01:46.560 --> 0:01:48.720 her quite a bit when it comes to things like 0:01:49.080 --> 0:01:52.920 housing prices and dealing with personal debt, credit card debt 0:01:52.960 --> 0:01:53.760 type of issues. 0:01:54.520 --> 0:01:57.760 And that's Bloomberg's Bill Fairies, who says Harris also held 0:01:57.840 --> 0:02:01.120 an eleven point advantage on who like voters trust to 0:02:01.240 --> 0:02:02.360 help the middle class. 0:02:02.560 --> 0:02:04.880 Along with the presidential race, Karen, of course, we continue 0:02:04.920 --> 0:02:07.400 to follow the latest developments around the indictment of New 0:02:07.480 --> 0:02:11.240 York City Mayor Eric Adams. Sloomberg's John Tucker joins us 0:02:11.240 --> 0:02:11.840 with more on that. 0:02:12.000 --> 0:02:12.720 John, Good morning. 0:02:12.960 --> 0:02:16.240 Nathan Adams could make his initial court appearance today. He's 0:02:16.240 --> 0:02:19.640 scheduled to go before Judge Catherine Parker. He's charged with 0:02:19.760 --> 0:02:24.320 accepting illegal campaign contributions and free overseas trips from people 0:02:24.360 --> 0:02:28.080 looking to buy his influence in city government. The mayor 0:02:28.120 --> 0:02:32.720 responded outside Gracie Mansion just hours after federal agents searched 0:02:32.800 --> 0:02:33.959 his official residence. 0:02:34.520 --> 0:02:35.960 Everyone that knows, he knows. 0:02:36.120 --> 0:02:39.480 I've followed campaign through John, and I followed with more. 0:02:39.919 --> 0:02:42.000 That is how I love my life. 0:02:42.360 --> 0:02:46.320 The scathing indictment Alencha's Adams engaged in years of sustained corruption, 0:02:46.800 --> 0:02:50.120 accepting more than one hundred thousand dollars in lavish bribes 0:02:50.160 --> 0:02:54.200 from foreign nationals. Adams claims he's innocent. His lawyer says 0:02:54.240 --> 0:02:57.760 it's neither unusual nor improper for government officials to accept 0:02:57.800 --> 0:03:01.040 some travel perks. It's unclear whether the indictment is the 0:03:01.120 --> 0:03:06.120 last word on federal investigations involving the Adams administration. Investigators 0:03:06.120 --> 0:03:09.840 have seized devices from the police commissioner, school's chancellor, two 0:03:09.840 --> 0:03:13.840 deputy mayors, at other trusted Adams confidants. The mayor vows 0:03:13.880 --> 0:03:17.040 to remain at office Governor Kathy Hocheld does have the 0:03:17.080 --> 0:03:20.160 power to remove Adams if you can't perform his duties 0:03:20.160 --> 0:03:23.040 while fighting the charges. In New York, I'm John Tucker 0:03:23.120 --> 0:03:24.040 Bloomberg Radio. 0:03:24.360 --> 0:03:25.800 All right, John, thank you. Now we want to get 0:03:25.800 --> 0:03:28.720 the latest from the Middle East. Israel maybe softening its 0:03:28.720 --> 0:03:32.120 stance on a ceasefire with Hesba Lah. Prime Minister Benjamin 0:03:32.120 --> 0:03:36.280 Atanyahu's office says Israel will take part in discussions on 0:03:36.400 --> 0:03:39.400 a three week truce proposal from the US and France. 0:03:39.760 --> 0:03:43.800 Whitehouse spokesman karringe On Pierre says those talks are already underway. 0:03:44.200 --> 0:03:45.960 Israel was aware. 0:03:46.280 --> 0:03:49.080 Of the statement, and now what I can tell you 0:03:49.160 --> 0:03:52.160 right now, we are having continued discussions that is happening 0:03:52.160 --> 0:03:55.440 with our teams in New York. And I'm not going 0:03:55.480 --> 0:03:59.160 to get into private diplomatic engagement, but I can assure 0:03:59.200 --> 0:04:00.920 you these conversations are continuing. 0:04:01.200 --> 0:04:03.560 White House spokeswoman Karine John Pierre says the goal of 0:04:03.600 --> 0:04:06.080 the talks is to allow residents on both sides of 0:04:06.120 --> 0:04:10.400 the Israel Lebanon border to return home. Israeli bombardment since Monday, 0:04:10.440 --> 0:04:13.960 I've left more than six hundred dead. Hesbela has responded 0:04:13.960 --> 0:04:16.040 with hundreds of rocket attacks. 0:04:15.640 --> 0:04:17.960 And now Karen Prime Minister Natan Yaho is scheduled to 0:04:17.960 --> 0:04:21.280 address the United Nations General Assembly today. We get that 0:04:21.440 --> 0:04:22.840 from Bloomberg's Ed Baxter. 0:04:23.440 --> 0:04:25.599 This comes as he is now saying that the military 0:04:25.600 --> 0:04:29.520 bombing of Hesbo Law targets and Lebanon will continue indefinitely. 0:04:30.040 --> 0:04:33.440 US Defense Secretary Lloyd Austin says another full scale war 0:04:33.480 --> 0:04:38.560 would be devastating for both Israel and Lebanon. That Yahoo's 0:04:38.560 --> 0:04:41.880 address comes a day after Palestinian authority had Makmu de 0:04:41.960 --> 0:04:45.040 Boss said regarding Gaza, we will not leave. 0:04:45.600 --> 0:04:46.919 We will not leave. 0:04:47.440 --> 0:04:49.360 Ad Baxter, Bloomberg Radio. 0:04:49.200 --> 0:04:50.760 All right, and thank you. We want to turn to 0:04:50.839 --> 0:04:53.320 the markets now and stocks to sit in record a 0:04:53.520 --> 0:04:56.719 territory ahead of a key inflationary port later this morning. 0:04:56.720 --> 0:05:00.440 We get the Fed's preferred price metric, and Eric A Grad, 0:05:00.520 --> 0:05:03.720 chief economist at Alliance Bernstein, told Bloomberg's Tom Keen the 0:05:03.839 --> 0:05:05.359 Fed has done a good job. 0:05:05.839 --> 0:05:07.400 I do think that they deserve a lot of credit. 0:05:07.440 --> 0:05:10.159 And the inflation numbers that are coming out, as well 0:05:10.200 --> 0:05:11.800 as the ones that have come out over the summer 0:05:11.800 --> 0:05:13.880 and the ones that we expect going forward, suggests that 0:05:13.880 --> 0:05:16.160 they have done a good job of bringing inflation back 0:05:16.240 --> 0:05:19.080 under control, and as a result of that, You're right, 0:05:19.120 --> 0:05:21.520 it isn't as important going forward as it has been. 0:05:21.760 --> 0:05:23.960 The focus now is on the other side of the mandate, 0:05:24.000 --> 0:05:27.160 on the labor market side, rather than on the inflation side, 0:05:27.240 --> 0:05:28.159 and that's good news. 0:05:28.680 --> 0:05:32.840 Lion Spernstein's Eric Winnegrad says monthly headline PCEE inflation likely 0:05:32.920 --> 0:05:35.080 rose to one tens of up percent, compared to two 0:05:35.200 --> 0:05:36.240 tents the prior month. 0:05:36.440 --> 0:05:39.599 In Asia, Karen, China's long awaited stimulus filled a huge 0:05:39.640 --> 0:05:43.120 week for equities. The benchmark CSI three hundred index posted 0:05:43.120 --> 0:05:46.279 its biggest weekly gain since two thousand and eight. This week, 0:05:46.360 --> 0:05:49.640 officials pledged to increase fiscal support and stabilize the property 0:05:49.680 --> 0:05:51.000 sector to revive growth. 0:05:51.680 --> 0:05:54.479 Checking out some stocks and making news this morning, Nathan 0:05:54.560 --> 0:05:57.880 Bloomberg News has learned Arm Holdings approach to Intail about 0:05:57.880 --> 0:06:00.960 buying the chip maker's product division, only to be told 0:06:01.000 --> 0:06:03.719 that it wasn't for sale. Intel was once the world's 0:06:03.760 --> 0:06:06.760 largest chip maker, but it's become a targeted takeover speculation 0:06:07.240 --> 0:06:10.200 since its business rapidly deteriorated this year. 0:06:10.400 --> 0:06:12.279 Well, Karen, a merger maybe in the works in the 0:06:12.320 --> 0:06:16.080 satellite TV business. As Bloomberg's Doug Prisoner reports, DirecTV and 0:06:16.160 --> 0:06:17.760 Dish are in advanced talks. 0:06:18.160 --> 0:06:21.440 The deal would create the largest US PayTV provider, with 0:06:21.560 --> 0:06:24.760 nearly twenty million subscribers. We are told in agreement could 0:06:24.760 --> 0:06:27.280 be announced in the coming days. Now, these companies are 0:06:27.320 --> 0:06:30.760 still working through details on how the combination might be structured. 0:06:31.080 --> 0:06:33.920 We are told it will be closely held and DirecTV 0:06:34.080 --> 0:06:38.040 is in talks to control the entire entity. Past discussions 0:06:38.080 --> 0:06:42.800 of a DirecTV Dish combination have faced antitrust concerns. However, 0:06:43.160 --> 0:06:47.160 the shift from PayTV to streaming has changed the competitive 0:06:47.240 --> 0:06:50.279 landscape and it could make the path easier this time. 0:06:50.640 --> 0:06:52.640 In New York, I'm Doug Prisoner, Bloomberg Radio. 0:06:52.800 --> 0:06:54.799 All right, Doug, thank you well. On the earnings front, 0:06:54.880 --> 0:06:58.239 shares of Costco, they're down more than one percent despite 0:06:58.279 --> 0:07:01.239 posting higher than expected off it in the latest quarter. 0:07:01.320 --> 0:07:04.520 The big box retailer said shopper traffic in the US 0:07:04.680 --> 0:07:08.479 increased from a year earlier, but shoppers spent slightly less 0:07:08.480 --> 0:07:11.440 per trip. Costco stock is up thirty seven percent so 0:07:11.520 --> 0:07:17.320 far this year. First time. Now for a look at 0:07:17.320 --> 0:07:19.120 some of the other stories, making news in New York 0:07:19.120 --> 0:07:20.600 and around the world, and for that we're joined by 0:07:20.640 --> 0:07:21.880 Bloomberg's Michael Barr. 0:07:21.920 --> 0:07:25.280 Michael, good morning, Good morning Caaron. Hurricane Aline made landfall 0:07:25.360 --> 0:07:29.120 last night in Florida's Big Bend area. Elene is forecast 0:07:29.120 --> 0:07:32.360 to produced to renial rains, powerful winds, and life threatening 0:07:32.440 --> 0:07:36.280 storm surge. Bloomberg meteorologist Rob Carolyn has the latest. 0:07:36.960 --> 0:07:39.960 Helene is northeast of Valdosta, Georgia this morning, moving to 0:07:40.000 --> 0:07:42.240 the north northeast at about twenty five miles an hour. 0:07:42.320 --> 0:07:44.200 It will continue week in this morning, but it's going 0:07:44.240 --> 0:07:47.160 to produce significant damage due to wind and rain across 0:07:47.200 --> 0:07:50.400 portions of the southeast and eventually the Tennessee River Valley, 0:07:50.440 --> 0:07:53.200 parts of the southwestern mid Atlantic region as well. It 0:07:53.280 --> 0:07:55.640 went inland last night around eleven pm to the west 0:07:55.640 --> 0:07:59.520 of Steinahachie, Florida, as a Category four hurricane. Sustained wins 0:07:59.560 --> 0:08:01.720 at that time for one hundred and forty miles an hour. 0:08:02.000 --> 0:08:04.520 We'll notice it becoming a strong tropical storm today as 0:08:04.520 --> 0:08:06.960 it weekends, moving inland and again some areas are going 0:08:06.960 --> 0:08:09.000 to end up with six to twelve inches of rainfall 0:08:09.080 --> 0:08:11.680 from this system as it continues to decay over the 0:08:11.680 --> 0:08:16.559 southeastern United States this weekend. I'm Rob Carolyn Bloomberg Radio. 0:08:16.760 --> 0:08:19.760 Thank you Rob. Florida Governor Ron Desentis. 0:08:19.400 --> 0:08:22.720 The state is ready as soon as this storm passes 0:08:22.760 --> 0:08:25.920 and it's safe to do so, to commence search and 0:08:25.960 --> 0:08:30.560 rescue operations. We have thirty five hundred National guardsmen standing by. 0:08:30.640 --> 0:08:33.240 We have our state guards standing by. We have state 0:08:33.320 --> 0:08:37.520 troopers standing by, and they will be active if need be. 0:08:38.000 --> 0:08:40.640 Georgia thirty said two people were killed and the possible 0:08:40.679 --> 0:08:44.239 tornado as a lean approached. Another person was killed in Florida. 0:08:44.400 --> 0:08:47.240 Donald Trump is set to meet today with Ukrainian President 0:08:47.280 --> 0:08:50.839 of Volodimir Zelensky, as tensions having rising between the two 0:08:50.960 --> 0:08:54.439 over how to defend the country in its war against Russia. 0:08:54.840 --> 0:08:59.079 The GOP presidential nominee is facing accusations from his Democratic opponent, 0:08:59.160 --> 0:09:03.000 Vice President Common Harris, that he is advocating for surrender. 0:09:03.320 --> 0:09:06.200 Trump spoke about the meeting Thursday with reporters. 0:09:06.520 --> 0:09:09.880 As you know, President Zelensky is asked to meet with me, 0:09:10.040 --> 0:09:12.320 and I will be meeting with him tomorrow morning at 0:09:12.360 --> 0:09:15.240 around nine forty five in Trump Tower. 0:09:16.160 --> 0:09:19.240 And it's a shame what's happening in Ukraine. 0:09:19.640 --> 0:09:22.160 The meeting comes less than a day after Harris met 0:09:22.160 --> 0:09:26.120 with Zelensky and expressed unwavering support. New British Prime Minister 0:09:26.280 --> 0:09:28.880 Keir Starmer spoke at the UN General Assembly for the 0:09:28.880 --> 0:09:32.760 first time. Starmer says his nation is returning to responsible 0:09:32.800 --> 0:09:36.280 global leadership. The Labor Party leader won on an Alliance 0:09:36.320 --> 0:09:40.200 slide election victory in July. He went on to say 0:09:40.240 --> 0:09:43.240 the UK will lead again tackling climate change at home 0:09:43.360 --> 0:09:46.520 and internationally. Global news twenty four hours a day and 0:09:46.559 --> 0:09:49.160 whenever you want it with Bloomberg News Now how Michael Barr, 0:09:49.200 --> 0:09:50.120 This is Bloomberg Karrent. 0:09:50.320 --> 0:09:56.959 All right, Michael Barr, thank you time now for the 0:09:57.000 --> 0:10:00.079 Bloomberg Sports update. But John stash Hour johns. 0:10:00.440 --> 0:10:03.760 Good morning, Karen. Giants and Cowboys at Metlie first ever 0:10:03.920 --> 0:10:06.480 Thursday road game for Dallas, who was coming off two 0:10:06.480 --> 0:10:10.079 straight home losses. But the Cowboys came in having beaten 0:10:10.080 --> 0:10:12.800 the Giants six straight times, thirteen to the last fourteen 0:10:12.800 --> 0:10:15.480 and after an early three to nothing Giants lead, the 0:10:15.520 --> 0:10:17.560 Cowboys led the rest of the way. 0:10:18.000 --> 0:10:21.760 Shotgun good, Blitz, pickup and Prescott. 0:10:21.240 --> 0:10:22.080 Down the outside. 0:10:22.120 --> 0:10:24.640 The Lamb put the tackle thirty. 0:10:24.240 --> 0:10:28.600 Five out runs, three men into the exude touchdowns cd 0:10:28.800 --> 0:10:32.360 lamb KRLD. After that play, no touchdowns for the last 0:10:32.400 --> 0:10:35.920 thirty eight minutes, but two Dallas field goals by Brandon Aubrey, 0:10:35.960 --> 0:10:38.679 including a sixty yarder four days after he had a 0:10:38.720 --> 0:10:42.040 sixty five yarder, and the Giants kept settling for Greg 0:10:42.120 --> 0:10:44.800 Joseph field goals. He had five, but there were no 0:10:44.960 --> 0:10:47.480 Giant tds and the Cowboys won twenty to fifteen to 0:10:47.480 --> 0:10:49.760 get to two and two. It leaves Big Blue at 0:10:49.800 --> 0:10:53.439 one en three For the Yankees, it's two Champagne celebrations 0:10:53.480 --> 0:10:55.679 down and three to go. They sprayed the Bubby last 0:10:55.720 --> 0:10:57.800 week in Seattle after clinching a wild card. They did 0:10:57.800 --> 0:11:00.680 it again at the Stadium after a ten one rout 0:11:00.720 --> 0:11:03.080 of Baltimore that won them the Al East. They'll certainly 0:11:03.080 --> 0:11:06.640 spray with each playoff series win. Their first postseason opponent 0:11:06.679 --> 0:11:09.400 could well beat Baltimore last night's win due to the 0:11:09.440 --> 0:11:11.840 pitching of Garrett Cole six to the third scoreless innings 0:11:11.840 --> 0:11:14.360 in John Carlos Stanton with a home run and then 0:11:14.400 --> 0:11:17.280 a three run double and yes, Aaron Judge homeward again. 0:11:17.320 --> 0:11:19.720 He's done it five games in a row, fifty eight 0:11:20.240 --> 0:11:23.400 on the season, so Judge, in his last two healthy seasons, 0:11:23.400 --> 0:11:26.280 has hit one hundred and twenty homers. Mets play tonight 0:11:26.320 --> 0:11:29.599 in Milwaukee. The Dodgers clinched the NLS, the Tigers and 0:11:29.760 --> 0:11:33.800 Royals moves closer to wrapping up al Wild Cards break up. 0:11:33.840 --> 0:11:36.480 The White Sox three wins in a row, raising their 0:11:36.559 --> 0:11:39.760 record to thirty nine and one hundred and twenty. Still, 0:11:39.800 --> 0:11:42.680 one more loss gives them the record for most losses ever. 0:11:42.720 --> 0:11:46.400 In Montreal, US swept all five four ball matches on 0:11:46.480 --> 0:11:50.240 opening day of the President's Cup Golf. John Stashewer, Bloomberg 0:11:50.280 --> 0:11:51.559 Sports Caring Nathan. 0:11:53.640 --> 0:11:57.800 Coast to coast on Bloomberg Radio, nationwide on Sirius XM, 0:11:57.880 --> 0:12:00.760 and around the world on Bloomberg dot Com and the 0:12:00.840 --> 0:12:04.200 Bloomberg Business app. This is Bloomberg Daybreak. 0:12:04.320 --> 0:12:04.800 Good morning. 0:12:04.800 --> 0:12:05.680 I'm Nathan Hager. 0:12:05.720 --> 0:12:08.640 With less than six weeks until the election, Kamala Harris 0:12:08.679 --> 0:12:11.360 holds a thin lead over Donald Trump in the seven 0:12:11.440 --> 0:12:14.120 states that will decide the election. That is according to 0:12:14.160 --> 0:12:17.440 our latest Bloomberg News Morning consult Paul. Here to break 0:12:17.440 --> 0:12:20.360 it down for us now is Gregory Cordy, White House 0:12:20.400 --> 0:12:24.080 and political correspondent for Bloomberg News. Gregory good morning. So 0:12:24.160 --> 0:12:26.880 how tight is this race now with thirty nine days 0:12:26.880 --> 0:12:28.240 to go? 0:12:28.320 --> 0:12:31.959 Morning Nathan, So yeah, this is a razor tight race. 0:12:32.559 --> 0:12:35.480 And so our Bloomberg News Morning console all of the 0:12:35.559 --> 0:12:38.080 seven swing states that are most likely to decide this 0:12:38.120 --> 0:12:42.000 election finds that Vice President Kamala Harris is at least 0:12:42.080 --> 0:12:46.080 tied or has slight leads in every one of these 0:12:46.080 --> 0:12:48.959 swing states. Tied in Georgia, and then up in two 0:12:49.040 --> 0:12:53.160 points in North Carolina, three points in Arizona, Michigan, Wisconsin, 0:12:53.240 --> 0:12:56.480 five points in Pennsylvania, and seven points in Nevada. Now 0:12:56.720 --> 0:12:58.719 we have to say those are every single one of 0:12:58.760 --> 0:13:02.600 those are within the margin of error. But since they're 0:13:02.640 --> 0:13:05.760 all sort of on Harris's side of the ledger, you'd 0:13:05.880 --> 0:13:08.160 rather be in her position than Trump's right now. And 0:13:08.200 --> 0:13:12.360 she has been making some very slow momentum. These are 0:13:12.360 --> 0:13:15.240 all very small numbers, but at this point in the election, 0:13:15.640 --> 0:13:17.480 as close as this is, where this is what we're 0:13:17.559 --> 0:13:20.080 zeroing in on these very small numbers, and she has 0:13:20.600 --> 0:13:25.200 incremental leads here and that's fueled by voters beginning to 0:13:25.280 --> 0:13:28.240 trust her a little bit more on issues like the economy, 0:13:28.360 --> 0:13:31.679 like inflation, like housing costs. As she's talked about these, 0:13:31.720 --> 0:13:34.320 not just in her campaign stops in the swing states, 0:13:34.400 --> 0:13:39.400 but she's bombarding these states with political ads, reinforcing these 0:13:39.440 --> 0:13:41.680 messages that she has a plan for the economy. 0:13:41.840 --> 0:13:44.160 Now, I know, we've been digging very deep when it 0:13:44.200 --> 0:13:46.679 comes to the economic issues in this poll. What are 0:13:46.679 --> 0:13:49.320 we seeing specifically when it comes to how Harris has 0:13:49.320 --> 0:13:51.560 been able to chip away at Trump's advantage on that 0:13:51.760 --> 0:13:53.680 key issue for likely voters. 0:13:54.360 --> 0:13:58.400 Yeah, she still trails Trump on the question of which 0:13:58.480 --> 0:14:01.640 candidate do you trust more on the economy by four 0:14:01.679 --> 0:14:06.720 percentage points. Voters trust Trump more. She also lags on immigration. 0:14:06.800 --> 0:14:09.160 That's why she's going to Arizona today. That's why she's 0:14:09.160 --> 0:14:11.680 going to the border to talk about immigration. She's really 0:14:11.720 --> 0:14:14.800 leaning into Trump's strengths and trying to make up ground there. 0:14:15.440 --> 0:14:18.160 She's always had a bit of an advantage on some 0:14:18.200 --> 0:14:22.440 of these other issues like housing, and then non economic 0:14:22.480 --> 0:14:26.360 issues like abortion and democracy. Those have always been democratic strengths, 0:14:26.400 --> 0:14:28.040 going back to when Joe Biden was in the race. 0:14:28.080 --> 0:14:32.040 But she's really gone after Trump's strengths on these core 0:14:32.080 --> 0:14:35.320 economic issues. She's not always leading them. But one one 0:14:35.320 --> 0:14:38.080 that I'm I'm watching very closely is that voters now 0:14:38.360 --> 0:14:41.440 trust her on taxes more than they trust Donald Trump. 0:14:41.560 --> 0:14:46.320 That's pretty remarkable since taxation has always been a Republican strength. 0:14:46.680 --> 0:14:49.160 She's turned the tables on that by talking about taxing 0:14:49.200 --> 0:14:52.680 billionaires and co opting some of Trump's ideas on no 0:14:52.840 --> 0:14:57.960 taxes on tips, and also offering a larger childcare tax 0:14:58.000 --> 0:14:59.080 credit than Trump is offering. 0:14:59.440 --> 0:15:01.680 Got about it left, And this poll comes in the 0:15:01.720 --> 0:15:04.520 context of a fifty basis point rate cut that we 0:15:04.680 --> 0:15:06.040 just got from the Federal Reserve. 0:15:06.080 --> 0:15:08.200 How does that factor into what voters are thinking. 0:15:08.600 --> 0:15:11.120 Yes, Swing state voters are very optimistic about that. They 0:15:11.200 --> 0:15:14.280 say by a parity, a good porality, that they expect 0:15:14.320 --> 0:15:16.360 things to get better for them in the next year 0:15:16.440 --> 0:15:18.840 because of that rate cut. They're not seeing it yet. 0:15:18.880 --> 0:15:20.840 You know, it takes a while for these kinds of 0:15:20.880 --> 0:15:23.240 things to percolate through the economy. You might not be 0:15:23.320 --> 0:15:25.160 in the market for a house, and so you might 0:15:25.200 --> 0:15:28.160 not be particularly interest rates sensitive. But we know that 0:15:28.200 --> 0:15:30.600 there are a lot of homeowners locked into their house. 0:15:30.640 --> 0:15:33.200 They would move if they could, but they're they're waiting 0:15:33.200 --> 0:15:36.920 to see those those interest rates come down. Interest rates 0:15:37.000 --> 0:15:40.800 is an issue where Donald Trump still has an advantage, 0:15:41.160 --> 0:15:43.920 but again. If rates can continue to come down, that 0:15:44.080 --> 0:15:47.120 might be something that by election day is going to 0:15:47.160 --> 0:15:48.600 be to the benefit of comers. 0:15:48.920 --> 0:15:52.360 This is Bloombery Daybreak, your morning podcast and the stories 0:15:52.400 --> 0:15:55.440 making news from Wall Street to Washington and beyond. 0:15:55.680 --> 0:15:58.080 Look for us on your podcast feed by six am 0:15:58.120 --> 0:16:01.520 Eastern each morning on Apple, Spotify, anywhere else you listen. 0:16:01.760 --> 0:16:04.600 You can also listen live each morning starting at five 0:16:04.640 --> 0:16:07.360 am Wall Street Time on Bloomberg eleven three to zero 0:16:07.360 --> 0:16:10.240 in New York, Bloomberg in ninety nine to one in Washington, 0:16:10.320 --> 0:16:14.280 Bloomberg ninety two nine in Boston, and nationwide on serious 0:16:14.480 --> 0:16:16.040 XM Channel one twenty one. 0:16:16.400 --> 0:16:19.160 Plus listen coast to coast on the Bloomberg Business app 0:16:19.200 --> 0:16:22.000 now with Apple CarPlay and Android Atto interfaces. 0:16:22.240 --> 0:16:25.240 And don't forget to subscribe to Bloomberg News Now. It's 0:16:25.280 --> 0:16:28.000 the latest news whenever you want it in five minutes 0:16:28.080 --> 0:16:31.200 or less. Search Bloomberg News Now on your favorite podcast 0:16:31.240 --> 0:16:35.400 platform to stay informed all day long. I'm Karen Moscow. 0:16:35.200 --> 0:16:37.720 And I'm Nathan Hager. Join us again tomorrow morning for 0:16:37.760 --> 0:16:39.680 all the news you need to start your day right 0:16:39.720 --> 0:16:41.200 here on Bloomberg Day Ray