Israel Ramps Up Strikes a Year After Hamas Attacks; Key US Yields Near 4%

Bloomberg Audio Studios, Podcasts, radio News. Good morning, I'm Nathan 0:00:10.880 --> 0:00:13.840 Hager and I'm Karen Moscow. Here are the stories we're 0:00:13.880 --> 0:00:15.160 following today, Karen. 0:00:15.160 --> 0:00:19.119 Today marks one year since Hamas launched an unprecedented attack 0:00:19.239 --> 0:00:23.040 on Israel, killing twelve hundred people and taking hundreds more 0:00:23.160 --> 0:00:27.400 as hostages. Israel's subsequent military offensive in the Gaza Strip 0:00:27.400 --> 0:00:30.000 has resulted in more than forty one thousand deaths. That's 0:00:30.000 --> 0:00:32.599 according to the local health ministry. We get more from 0:00:32.600 --> 0:00:35.240 Bloomberg News Israel Bureau Chief Ethan Brunner. 0:00:35.680 --> 0:00:39.880 A year ago, Hamas, in a surprise and rather a 0:00:40.080 --> 0:00:44.519 very brutal attack in southern Israel, sought to bring a 0:00:44.640 --> 0:00:47.880 kind of regional war on Israel. And while it didn't 0:00:47.920 --> 0:00:50.640 happen right away, if we look at where we are today, 0:00:51.200 --> 0:00:55.280 with Israeli soldiers in Lebanon, with Israeli airplanes headed constantly 0:00:55.360 --> 0:00:59.200 to Syria, Iraq and also to Yemen, and of course 0:00:59.240 --> 0:01:02.840 with a rec situted Homas to some extent in northern Gaza, 0:01:03.160 --> 0:01:07.280 which shot rockets at Israel. Today we are a little 0:01:07.280 --> 0:01:10.840 closer than one might want to their vision of a 0:01:10.880 --> 0:01:12.040 regional war with Israel. 0:01:12.280 --> 0:01:15.800 Bloomberg's Ethan Brunner in Tel Aviv says Israel is still 0:01:15.840 --> 0:01:18.880 weighing how to respond to Iran, which launched a salvo 0:01:18.920 --> 0:01:21.959 of almost two hundred ballistic missiles at the Jewish state 0:01:22.080 --> 0:01:22.680 last week. 0:01:23.400 --> 0:01:26.640 Well Nathan is Israel is locked in a multi front conflict. 0:01:26.720 --> 0:01:30.920 Vice President Kamala Harris says she won't stop pressuring Israel 0:01:31.000 --> 0:01:34.119 to end its military campaign in the Middle East. Harris 0:01:34.160 --> 0:01:36.080 spoke to CBS's Sixty Minutes. 0:01:36.480 --> 0:01:39.880 The work that we do diplomatically with the leadership of 0:01:40.000 --> 0:01:45.760 Israel is an ongoing pursuit around making clear our principles, 0:01:46.200 --> 0:01:50.720 which include the need for humanitarian aid, the need for 0:01:50.800 --> 0:01:54.360 this war to end, the need for a deal to 0:01:54.480 --> 0:01:59.240 be done which would release the hostages and create a ceasefire. 0:01:59.640 --> 0:02:03.000 Has interview with sixty Minutes. Heirs tonight and a reminder 0:02:03.080 --> 0:02:05.880 you can catch the CBS program every Sunday night on 0:02:05.920 --> 0:02:08.000 Bloomberg ninety nine to one. In Washington. 0:02:08.160 --> 0:02:11.600 Meantime, Karen, both presidential candidates plan to recognize the one 0:02:11.639 --> 0:02:14.080 year mark of the Hamas attack. Harris will plant a 0:02:14.080 --> 0:02:16.880 pomegranate tree on the grounds of her official residence in 0:02:17.000 --> 0:02:19.799 Washington and memory of those killed, and Donald Trump will 0:02:19.800 --> 0:02:22.760 attend a memorial service with Jewish community leaders at one 0:02:22.760 --> 0:02:24.280 of his hotels in Miami. 0:02:24.760 --> 0:02:28.280 Well Nathan. Vice President Harris's sixty minutes interview is part 0:02:28.280 --> 0:02:30.800 of a media blitz with less than thirty days until 0:02:30.840 --> 0:02:33.680 the election. She talked about abortion rights, Andy Call Her 0:02:33.760 --> 0:02:36.560 Daddy Podcast, and she'll be in New York tomorrow for 0:02:36.639 --> 0:02:40.160 appearances on ABC's The View, The Howard Sterns Show, and 0:02:40.280 --> 0:02:44.440 CBS's Late Show is Stephen Colbert. Meanwhile, former President Trump 0:02:44.480 --> 0:02:47.360 is hitting the battleground states. He was in Wisconsin yesterday 0:02:47.400 --> 0:02:49.200 for his fourth visit in eight days. 0:02:49.680 --> 0:02:53.920 They say that Wisconsin is probably the toughest of the 0:02:54.040 --> 0:02:55.320 swing states to win. 0:02:55.800 --> 0:02:58.280 I don't think so at all. 0:02:59.520 --> 0:03:01.800 And on set Saturday, the former president held the rally 0:03:01.840 --> 0:03:04.440 in Butler, Pennsylvania, at the same site where a gunman 0:03:04.520 --> 0:03:06.960 tried to take his life in July. He was joined 0:03:07.000 --> 0:03:09.320 on stage by billionaire Elon Musk. 0:03:09.680 --> 0:03:13.400 President Trump must win to preserve the Constitution. 0:03:13.760 --> 0:03:16.840 He must win to preserve democracy in America. 0:03:17.480 --> 0:03:21.359 Elon Musk publicly endorsed Trump after the July assassination attempt. 0:03:21.560 --> 0:03:23.720 Turning back to markets, Karen, futures, as he said, are 0:03:23.840 --> 0:03:26.440 lower as we begin a new trading week, earnings will 0:03:26.440 --> 0:03:30.040 be in focus. We get results from big financials including 0:03:30.120 --> 0:03:33.680 JP Morgan, Chase, Wells Fargo, and Blackrock. We get a 0:03:33.720 --> 0:03:36.400 preview now from Bloomberg's Charlie Pellett. 0:03:36.720 --> 0:03:40.960 All three report Friday. Bloomberg Intelligence says their net interest 0:03:41.000 --> 0:03:44.280 income outlook and capital markets revenue will be in focus 0:03:44.520 --> 0:03:48.760 following September's fed raycut. JP Morgan's top line is seen 0:03:49.040 --> 0:03:53.240 robust on higher trading revenue and investment banking fees, though 0:03:53.280 --> 0:03:56.160 the bank whos said analysts are too optimistic about its 0:03:56.200 --> 0:04:00.600 twenty twenty five interest income prospects. Wells far Go likely 0:04:00.720 --> 0:04:04.040 suffer the biggest net interest income decline among its peers, 0:04:04.280 --> 0:04:07.840 and estimate show black Rocks assets under management grew twenty 0:04:07.880 --> 0:04:11.320 one percent, the largest quarterly gained since twenty twenty one. 0:04:11.880 --> 0:04:14.520 In New York. Charlie Pelldal Bloomberg. 0:04:14.120 --> 0:04:17.440 Radio, all right, Charlie, thank you well. Last week's blowout 0:04:17.560 --> 0:04:20.400 jobs report is still being felt on Wall Street. The 0:04:20.440 --> 0:04:22.960 yield and the ten year treasury is back at four 0:04:23.040 --> 0:04:25.960 percent for the first time since August, and Goldman's SAX 0:04:26.000 --> 0:04:28.880 economists say the probability for a recession over the next 0:04:28.960 --> 0:04:31.679 year is back at the long term average of fifteen percent. 0:04:32.080 --> 0:04:34.679 In early August, Goldman increased the chance of a downturn 0:04:34.760 --> 0:04:37.839 to twenty five percent from fifteen percent, before pairing the 0:04:37.880 --> 0:04:40.239 call to twenty percent in the middle of that month. 0:04:40.560 --> 0:04:43.240 Watching shares of Pfizer in the pre market careen, they're 0:04:43.320 --> 0:04:47.560 hired by about two percent. Activist investors Starboard values taking 0:04:47.600 --> 0:04:50.040 a stake in the drugmaker. We get more from Bloomberg's 0:04:50.080 --> 0:04:50.719 Doug Prisoner. 0:04:51.080 --> 0:04:53.440 We're told the steak is worth about a billion dollars 0:04:53.520 --> 0:04:55.599 and the aim is to spur a turnaround of the 0:04:55.600 --> 0:05:00.240 pharmaceutical giant. Starboard has also approached former Pfiser executi its 0:05:00.320 --> 0:05:03.080 Ian Reid and Frank Demelio to help in its efforts, 0:05:03.160 --> 0:05:07.359 and we are told they have expressed interest. Starboards exact 0:05:07.400 --> 0:05:10.680 plans and engagement with Pfizer aren't clear at this time. 0:05:11.000 --> 0:05:14.120 The activist has found that investors and research analysts are 0:05:14.120 --> 0:05:19.000 frustrated by pfizer sustained struggles since the pandemic in New York. 0:05:19.040 --> 0:05:20.520 I'm Doug Prisner, Bloomberg Radio. 0:05:20.680 --> 0:05:23.640 All Right, Doug, thank you well Boeing and his machinists union. 0:05:23.680 --> 0:05:26.560 We'll take a stab at negotiations as the strike against 0:05:26.600 --> 0:05:29.520 the plane maker enters its fourth week, and Bloomberg's John 0:05:29.560 --> 0:05:32.040 Tucker is following that story for us, John, where do 0:05:32.080 --> 0:05:33.120 the things stand this morning? 0:05:33.200 --> 0:05:37.520 Well, Karen, a federal mediator has been summoned, summoning negotiators 0:05:37.520 --> 0:05:39.880 for Boeing in the machinist union back to a Seattle 0:05:39.920 --> 0:05:44.200 hotel today. It's the first inkling movement toward a compromise 0:05:44.279 --> 0:05:48.840 that might yield a third contract offer Bowing's last unsuccessful 0:05:48.880 --> 0:05:52.960 overture that included a thirty percent general wage increase. Since 0:05:53.000 --> 0:05:55.840 the last direct meeting on September twenty seventh, there's been 0:05:56.000 --> 0:05:59.080 little direct contact between the two sides, and the pressure 0:05:59.120 --> 0:06:01.839 is growing. Each day of the strike costs Boeing and 0:06:01.960 --> 0:06:05.520 estimated one hundred million dollars in lost sales. Last week, 0:06:05.680 --> 0:06:09.760 workers lost access to company backed healthcare benefits. A Boeing 0:06:09.800 --> 0:06:13.240 tactic intended to quickly snuff out the strike backfired a 0:06:13.279 --> 0:06:15.960 couple of weeks ago. That's when of the company bypassed 0:06:15.960 --> 0:06:20.040 collective marketing and presented a thirty percent pay raise directly 0:06:20.080 --> 0:06:25.960 to the workers in New York. I'm John Tucker, Bloomberg Radio. 0:06:27.000 --> 0:06:28.240 It's time now for a look at some of the 0:06:28.240 --> 0:06:30.720 other stories making news in New York and around the world, 0:06:30.800 --> 0:06:33.159 and for that we're joined by Bloomberg's Michael Barr. Michael, 0:06:33.160 --> 0:06:34.120 Good Morning, Good. 0:06:33.920 --> 0:06:37.760 Morning, Karen. Florida is gearing up for a massive evacuation 0:06:38.279 --> 0:06:42.000 as Hurricane Milton strengthens over warm waters in the Gulf. 0:06:42.520 --> 0:06:46.400 The exodus jam freeways and led to hours long lines 0:06:46.440 --> 0:06:49.719 at gas stations. Milton is expected to hit by midweek. 0:06:50.080 --> 0:06:53.240 The state is still cleaning up from Hurricane Helene. Governor 0:06:53.320 --> 0:06:54.880 Round dessentis, I've. 0:06:54.760 --> 0:06:57.719 Also directed state personnel on assets to work around the 0:06:57.720 --> 0:07:01.440 clock to assist local entities as they continue clean up 0:07:01.600 --> 0:07:05.280 and dispose of debris from Hurricane Helene. 0:07:05.760 --> 0:07:09.080 Bloomberg Meeting religist Rob Carolyn has more about Milton. 0:07:09.560 --> 0:07:12.560 Hurricane Milton continues to develop in the southwestern portion of 0:07:12.600 --> 0:07:14.600 the Gulf of Mexico, and it's likely to become a 0:07:14.680 --> 0:07:18.040 major hurricane leader today. A best estimate right now on 0:07:18.160 --> 0:07:21.040 landfall is sometime on Wednesday near the Tampa Bay area, 0:07:21.080 --> 0:07:23.600 and it likely is going to develop into a pretty 0:07:23.600 --> 0:07:26.880 significant storm event for Tampa. We could see a hurricane 0:07:26.920 --> 0:07:29.520 going inland on Wednesday. With Wednesday excess of one hundred 0:07:29.560 --> 0:07:32.680 and twenty five miles an hour and another very significant 0:07:32.760 --> 0:07:35.400 storm surge. We're keeping a very close watching this system 0:07:35.400 --> 0:07:37.360 over the next forty eight hours, and any folks along 0:07:37.400 --> 0:07:40.000 the west coast of Florida should be paying attention. I'm 0:07:40.080 --> 0:07:41.840 Rob Carolyn Bloomberg Radio. 0:07:42.440 --> 0:07:45.480 Meanwhile, the death toll from Hurricane Aleene is more than 0:07:45.480 --> 0:07:48.360 two hundred and thirty across six states. It is the 0:07:48.400 --> 0:07:51.320 first Monday in October, and that means the nation's High 0:07:51.320 --> 0:07:55.120 Court is back in session. The Supreme Court justices returned 0:07:55.160 --> 0:07:57.280 to the bench to hear a new slate of cases 0:07:57.600 --> 0:08:02.120 that tackle everything from transgender case, so called ghost guns, 0:08:02.360 --> 0:08:06.600 and even adult themed websites. Six hundred workers from two 0:08:06.800 --> 0:08:10.480 Hilton hotels in Boston walked off the job Sunday morning 0:08:10.520 --> 0:08:13.320 after being unable to agree on a new contract with 0:08:13.400 --> 0:08:18.600 the hotels. The workers are seeking wage increases and improved pensions. 0:08:18.880 --> 0:08:23.640 Carlos Aramaio, president of unite here Local twenty six, the 0:08:23.760 --> 0:08:25.120 union representing the workers. 0:08:25.520 --> 0:08:28.080 While we have made some progress over the course of 0:08:28.120 --> 0:08:31.320 the last month, as we've been engaged in those short term, 0:08:31.360 --> 0:08:34.640 those waves of short term strikes, it's really been baby steps, 0:08:34.760 --> 0:08:37.480 not the strides we need to get to an agreement. 0:08:38.200 --> 0:08:42.600 Union president Carlos Aramaio says, the striking workers are from 0:08:42.960 --> 0:08:47.000 the Hilton Boston Logan and the Hilton Boston Park Plaza. 0:08:47.600 --> 0:08:50.000 Global News twenty four hours a day and whenever you 0:08:50.040 --> 0:08:53.120 want it with Bloomberg News Now. Michael Bahr, this is Bloomberg. Karen. 0:08:53.559 --> 0:09:00.560 All right, Michael Barr, thank you. It is time now 0:09:00.600 --> 0:09:02.920 for the Bloomberg A sports update brought to you by 0:09:03.080 --> 0:09:06.360 try stayed OUTI and here's John Stashower. John, good morning, 0:09:06.440 --> 0:09:07.200 Good morning Karen. 0:09:07.200 --> 0:09:09.480 That Mets have finally come home after two weeks on 0:09:09.520 --> 0:09:12.240 the road. Eleven games the last six of the regular season, 0:09:12.240 --> 0:09:14.520 the first five of the postseason. They were in three cities, 0:09:14.679 --> 0:09:17.480 went to two of them twice and then Philadelphia where 0:09:17.520 --> 0:09:20.679 there was more Mets ninth inning drama, one out game, 0:09:20.800 --> 0:09:23.200 tying two and on over by Mark Bientos who had 0:09:23.360 --> 0:09:25.920 three hits, two homers, four RBIs with the Fils then 0:09:25.960 --> 0:09:27.720 came up bottom of the night and. 0:09:27.800 --> 0:09:33.439 One at second, two down, one two pitch to Castanos Hlafield, 0:09:34.800 --> 0:09:40.400 He's a hello, fellers, cut ties of sellers, crack to tweeds. 0:09:40.120 --> 0:09:42.520 On a piece Testanta. 0:09:41.920 --> 0:09:43.080 Stay, Hello sports. 0:09:43.120 --> 0:09:45.559 The call Phillies the seven to six win. Game three tomorrow, 0:09:45.640 --> 0:09:48.160 five o'clock start at City Field. The Padres beat the 0:09:48.160 --> 0:09:51.080 Dodgers ten to two in LA. That series also tied 0:09:51.080 --> 0:09:54.880 at one. Alds. Game two tonight at the Stadium, Yankees 0:09:54.920 --> 0:09:56.559 look to go up two nothing on the Royals. 0:09:56.600 --> 0:09:57.800 The Giants in Seattle. 0:09:57.880 --> 0:09:59.959 They had a fifteen play drive after the one yard line, 0:10:00.120 --> 0:10:03.000 then fumbled and the Seahawks began the scoring with a 0:10:03.000 --> 0:10:05.040 one hundred and two yard fumble return. That was the 0:10:05.040 --> 0:10:07.840 only time the Giants trailed. They won twenty nine to 0:10:07.880 --> 0:10:09.599 twenty and looked like Seattle was going to kick a 0:10:09.640 --> 0:10:12.120 game time field goal the minute left. It was blocked 0:10:12.360 --> 0:10:15.160 and returned for a Giants touchdown. Jets in London trailed 0:10:15.160 --> 0:10:18.679 the unbeaten Vikings seventeen to nothing. Aaron Rodgers two first 0:10:18.760 --> 0:10:21.640 quarter interceptions for the first time in his career, one 0:10:21.640 --> 0:10:23.520 of them a sixty three yard pick six, and then 0:10:23.559 --> 0:10:26.680 in the final minute a third Rogers interception at the 0:10:26.720 --> 0:10:29.640 Minnesota nine yard line. Vikings won twenty three to seventeen. 0:10:29.920 --> 0:10:32.679 Fourth rad loss for the Patriots, beaten by Miami fifteen 0:10:32.720 --> 0:10:35.680 to ten. Fourth straight winning for the Commanders thirty four 0:10:35.679 --> 0:10:38.040 to thirteen over Cleveland last night in Pittsburgh an hour 0:10:38.040 --> 0:10:40.960 and a half weather delay, and then Dallas won twenty 0:10:40.960 --> 0:10:44.440 to seventeen on the touchdown with twenty seconds left the liberty. 0:10:44.520 --> 0:10:47.880 Going to the WNBA Finals, they won seventy six sixty 0:10:47.920 --> 0:10:50.439 two in Las Vegas, dethroning the two time chance. They'll 0:10:50.440 --> 0:10:53.760 play either Minnesota or Connecticut in the final. That series 0:10:53.800 --> 0:10:57.239 tied at two. John Stansheneward, Bloomberg Sports Kerry Nathan. 0:10:59.080 --> 0:11:03.120 Coast to coast on Bloomberg Radio, nationwide on Sirius XM, 0:11:03.320 --> 0:11:06.200 and around the world on Bloomberg dot Com and the 0:11:06.240 --> 0:11:10.679 Bloomberg Business app. This is Bloomberg Daybreak. Good morning, I'm 0:11:10.760 --> 0:11:14.840 Nathan Hager. On this October seventh, one year after the 0:11:15.000 --> 0:11:18.640 deadly Hummas attack on southern Israel that's set off massive 0:11:18.760 --> 0:11:22.960 war in Gaza. Now one year later, Israel is fighting 0:11:23.000 --> 0:11:26.719 on multiple fronts and considering its response to Iran as 0:11:26.720 --> 0:11:29.040 it faces even more attacks. 0:11:29.240 --> 0:11:29.640 Today. 0:11:29.800 --> 0:11:33.080 Joining us this morning from Tel Aviv is Ethan Bronner, 0:11:33.160 --> 0:11:36.800 Israel bureau chief for Bloomberg News. Ethan, good morning, I 0:11:36.840 --> 0:11:40.360 understand it already has been a tense morning. Where you sit, 0:11:40.400 --> 0:11:42.480 can you get us caught up on what's been unfolding 0:11:42.520 --> 0:11:43.720 over the last several hours. 0:11:44.720 --> 0:11:48.760 Sure thing, Nathan. So this day has been set aside 0:11:48.760 --> 0:11:51.960 as you can imagine, by Israeli officials and the families 0:11:52.000 --> 0:11:56.240 of hostages and all sorts of organizations as a day 0:11:56.320 --> 0:12:00.720 of morning and commemoration, and an hour or two ago, 0:12:01.600 --> 0:12:04.960 Hamas and Hanunis and the southern central part of Gaza 0:12:05.000 --> 0:12:08.760 Strip we're able to, despite a year of war against them, 0:12:09.000 --> 0:12:12.400 send off a bunch of long range missiles to hit 0:12:12.440 --> 0:12:15.360 Tel Aviv. I mean, they were of course stopped by 0:12:15.440 --> 0:12:18.680 the iron dome system, but we were all rushed into 0:12:18.679 --> 0:12:21.240 a bomb shelter, something that hasn't happened in months. So 0:12:21.960 --> 0:12:26.720 it's certainly an indication that despite the endless war against them, 0:12:26.960 --> 0:12:29.760 they have been able to at least reconstitute themselves in 0:12:29.960 --> 0:12:33.520 enough ways that they could symbolically stick it in the 0:12:33.520 --> 0:12:34.760 eye of Israel today. 0:12:35.040 --> 0:12:38.840 Well, what does this tell us, Ethan about Hamas's ability 0:12:38.880 --> 0:12:44.600 to reconstitute itself potentially despite as you say, this relentless 0:12:44.600 --> 0:12:47.439 assault that we've seen along the up and down the 0:12:47.520 --> 0:12:49.440 Gaza Strip over the last twelve months. 0:12:50.080 --> 0:12:52.920 Yes, look, it's a very difficult question. I mean it's 0:12:52.920 --> 0:12:55.360 the right question, and it's very hard to know the answer. 0:12:55.440 --> 0:12:58.960 I will say that it has been many months since 0:12:59.080 --> 0:13:02.240 Hamas has been able to fire that kind of missile here, 0:13:02.720 --> 0:13:04.840 and until a year ago they could have done it 0:13:04.880 --> 0:13:08.199 at will. So and from what we can tell, there 0:13:08.200 --> 0:13:11.640 are fifteen to eighteen thousand dead Ramas fighters out of 0:13:11.640 --> 0:13:15.080 about thirty five thousand who signed up at first. Obviously 0:13:15.160 --> 0:13:19.200 they can pick up younger people and keep going. You know, 0:13:19.280 --> 0:13:23.559 it's a very difficult question. What has happened in the 0:13:23.640 --> 0:13:26.800 last couple of days. Is Israel said that in the 0:13:26.880 --> 0:13:30.160 Jabali refugee camp area just around the Gaza City, just 0:13:30.200 --> 0:13:33.760 north of Gaza City, there had been a reconstitution of 0:13:33.880 --> 0:13:38.680 various Ramas fighters and therefore they were going into that 0:13:38.760 --> 0:13:43.160 area intensively and telling people to move south to an 0:13:43.200 --> 0:13:47.320 expanded humanitarian area. It's just really hard to tell, but 0:13:47.440 --> 0:13:51.040 there's no question that they've built themselves a very very 0:13:51.360 --> 0:13:56.880 comprehensive military infrastructure that Israel has not easily torn apart yet. 0:13:57.000 --> 0:13:59.240 Now I have to thank Ethan that this puts even 0:13:59.280 --> 0:14:02.000 more of a focus on how Israel could respond to 0:14:02.320 --> 0:14:05.920 not just Hamases but hes Bolla's main sponsor in the 0:14:05.960 --> 0:14:09.400 region Iran after that ballistic missile barrage last week. 0:14:10.520 --> 0:14:13.760 Yes, of course that's the big issue here, which is 0:14:13.800 --> 0:14:16.920 that there were these two hundred missiles that hit Israel 0:14:17.600 --> 0:14:21.000 last Tuesday, I think it was, and Israel has vowed 0:14:21.720 --> 0:14:24.400 it's going to hit back, and it will, but it's 0:14:24.440 --> 0:14:27.240 been a negotiation with the US about it, and I 0:14:27.280 --> 0:14:30.280 think that they've had a little trouble deciding what exactly 0:14:30.320 --> 0:14:32.600 they're going to do. They wanted, apparently to go after 0:14:33.200 --> 0:14:36.920 oil sites, and the Americans persuaded them not to. I 0:14:36.960 --> 0:14:40.080 think that the Defense Minister Jov Gallant is headed to 0:14:40.160 --> 0:14:44.560 America and the next day or so for consultations. So yes, 0:14:44.680 --> 0:14:47.600 I mean there's an enormous amount of attention on it. 0:14:47.680 --> 0:14:49.560 A lot of people assume that what they'll do is 0:14:49.600 --> 0:14:55.480 go after revolutionary Guard sites in Iran, and I'm not 0:14:55.480 --> 0:14:58.280 sure why they haven't just settled on that, but they 0:14:58.320 --> 0:15:01.040 do want to make some kind of a dramat and 0:15:01.120 --> 0:15:04.000 of course a lot of drama can lead to another 0:15:04.280 --> 0:15:09.600 retaliation and the eternal fear, which is an actual regional war. 0:15:09.840 --> 0:15:13.400 And it raises the question that I would imagine is 0:15:13.640 --> 0:15:16.960 as difficult as it's ever been to answer. Ethan, which 0:15:17.000 --> 0:15:20.440 is in our last thirty seconds. Unfortunately, where do you 0:15:20.520 --> 0:15:21.560 see this ending? 0:15:23.120 --> 0:15:26.240 I don't see. Look, maybe it's just wishful thinking on 0:15:26.280 --> 0:15:28.080 my part because I live here right now, but I 0:15:28.120 --> 0:15:30.560 don't think we're going to have an explosion of war 0:15:30.680 --> 0:15:32.080 right now. I think we're going to stay in this 0:15:32.200 --> 0:15:37.480 gray area of back and forth of Israeli soldiers going 0:15:37.480 --> 0:15:40.920 into Lebanon, Israeli air force taking off further UTIs in 0:15:41.040 --> 0:15:45.080 Yemen and in Iraq and against Iran, and no clear 0:15:45.160 --> 0:15:48.000 resolution for the next year or two. That's my instinct, 0:15:48.440 --> 0:15:50.160 but we have plenty of times to talk about it 0:15:50.200 --> 0:15:51.040 as we go forward. 0:15:51.200 --> 0:15:54.600 This is Bloombery Daybreak, your morning podcast and the stories 0:15:54.640 --> 0:15:57.680 making news from Wall Street to Washington and beyond. 0:15:57.960 --> 0:16:00.720 Look for us on your podcast feed by six Eastern 0:16:00.760 --> 0:16:03.800 each morning, on Apple, Spotify, or anywhere else you listen. 0:16:04.000 --> 0:16:06.840 You can also listen live each morning starting at five 0:16:06.880 --> 0:16:09.600 am Wall Street time on Bloomberg eleven three to zero 0:16:09.600 --> 0:16:12.480 in New York, Bloombergen ninety nine to one in Washington, 0:16:12.560 --> 0:16:16.520 Bloomberg ninety two nine in Boston, and nationwide on serious 0:16:16.720 --> 0:16:18.280 XM Channel one twenty one. 0:16:18.640 --> 0:16:21.400 Plus listen coast to coast on the Bloomberg Business App 0:16:21.440 --> 0:16:24.240 now with Apple CarPlay and Android Atto interfaces. 0:16:24.480 --> 0:16:27.480 And don't forget to subscribe to Bloomberg News Now. It's 0:16:27.520 --> 0:16:30.240 the latest news, whenever you want it in five minutes 0:16:30.320 --> 0:16:33.440 or less. Search Bloomberg News Now on your favorite podcast 0:16:33.480 --> 0:16:37.640 platform to stay informed all day long. I'm Karen Moscow. 0:16:37.440 --> 0:16:39.960 And I'm Nathan Hager. Join us again tomorrow morning for 0:16:40.000 --> 0:16:41.960 all the news you need to start your day right 0:16:41.960 --> 0:16:43.000 here on Bloomberg. 0:16:43.080 --> 0:16:43.400 Dabray