Tim Walz Speaks at the DNC; Traders Ready for Powell Speech

Bloomberg Audio Studios, Podcasts, radio News. Good morning, I'm Nathan 0:00:10.840 --> 0:00:13.800 Hager and I'm Karen Moscow. Here are the stories we're 0:00:13.840 --> 0:00:14.640 following today. 0:00:14.880 --> 0:00:18.040 Karen, we begin once again in Chicago after nine three 0:00:18.200 --> 0:00:21.800 of the Democratic National Convention. The evening included speeches from 0:00:21.920 --> 0:00:26.240 rising stars like Transportation Secretary Pete Boodage and Maryland Governor 0:00:26.239 --> 0:00:29.880 Wes Moore, along with party stalwarts like former President Bill Clinton. 0:00:29.960 --> 0:00:32.920 But the main event was Minnesota Governor Tim Waltz. He 0:00:33.040 --> 0:00:36.839 used his acceptance speech as the Democrats vice presidential nominee 0:00:37.000 --> 0:00:38.879 to appeal to swing state voters. 0:00:39.400 --> 0:00:45.080 I represented my neighbors in Congress for twelve years, and. 0:00:45.120 --> 0:00:46.400 I learned an awful lot. 0:00:47.240 --> 0:00:48.760 I learned how to work. 0:00:48.560 --> 0:00:52.560 Across the aisle on issues like growing the rural economies 0:00:52.960 --> 0:00:55.560 and taking care of veterans. And I learned how to 0:00:55.600 --> 0:00:58.760 compromise without compromising my values. 0:00:59.320 --> 0:01:02.480 Wal It's also lobbed attacks at Republican Donald Trump and 0:01:02.560 --> 0:01:05.960 his running mate JD. Vance, linking them to the controversial 0:01:06.000 --> 0:01:07.920 Project twenty twenty five initiative. 0:01:08.360 --> 0:01:10.920 Some folks just don't understand what it takes to be 0:01:10.959 --> 0:01:18.520 a good neighbor. Take Donald Trump and JD. Vance their 0:01:18.600 --> 0:01:22.160 Project twenty twenty five will make things much much harder 0:01:22.160 --> 0:01:25.280 for people who are just trying to live their lives. 0:01:25.680 --> 0:01:29.400 Governor Waltz also praised Vice President Kamala Harris's policy proposals, 0:01:29.400 --> 0:01:32.160 saying they will help the middle class. Republicans have seized 0:01:32.200 --> 0:01:35.600 on the idea that Harris's running mate overstated elements of 0:01:35.640 --> 0:01:38.600 his record while in the National Guard and Nathan. 0:01:38.680 --> 0:01:41.640 Vice President Kamala Harris will close out the convention tonight 0:01:41.760 --> 0:01:44.600 with her acceptance speech as Poles continue to show a 0:01:44.640 --> 0:01:47.960 tight race with Donald Trump. Bloomberg Balance of Power host 0:01:48.040 --> 0:01:50.720 Joe Matthew is in Chicago for the DNC. He has 0:01:50.800 --> 0:01:53.000 more on what to expect from Harris tonight. 0:01:53.440 --> 0:01:55.919 It's going to be an opportunity to stop the clock 0:01:56.120 --> 0:01:58.360 essentially to talk to the delegates in the room and 0:01:58.520 --> 0:02:02.320 people more importantly watching this from their living rooms, to 0:02:02.360 --> 0:02:05.320 get to the matter of trust on issues like the economy, 0:02:05.880 --> 0:02:07.760 like dealing with the border, and some of the other 0:02:08.120 --> 0:02:09.400 issues that have dogged her. 0:02:09.680 --> 0:02:12.800 Bloomberg's Joe Matthews says Kamala Harris will also focus on 0:02:12.840 --> 0:02:15.080 her life story, and you can catch Joe along with 0:02:15.080 --> 0:02:17.840 the Bloomberg's Kaylee lines from the DNC tonight on a 0:02:17.840 --> 0:02:20.560 special edition of Balance of Power starting at eight pm 0:02:20.600 --> 0:02:24.360 Wall Street Time on Bloomberg Radio and Television. 0:02:23.880 --> 0:02:24.280 Well Karen. 0:02:24.320 --> 0:02:26.560 On day three of the DNC, New York City Mayor 0:02:26.639 --> 0:02:29.760 Eric Adams joined Bloomberg for a conversation about the race 0:02:29.800 --> 0:02:31.880 and why he didn't get a chance to speak at 0:02:31.919 --> 0:02:32.400 the convention. 0:02:32.760 --> 0:02:35.360 The goal is not to get Eric Adams on the stage. 0:02:35.400 --> 0:02:38.280 The goal is to get VP Harris and the team elected, 0:02:38.680 --> 0:02:41.720 and they're putting together the right speakers and we're just 0:02:41.760 --> 0:02:43.680 going to find out what is our role and we're 0:02:43.680 --> 0:02:45.079 going to carry the ball based on that. 0:02:45.360 --> 0:02:48.160 New York City Mayor Eric Adams added that public safety 0:02:48.200 --> 0:02:50.800 will be a crucial message for Democrats in the campaign. 0:02:51.280 --> 0:02:54.760 Meanwhile, Nathan, former President Donald Trump was campaigning at North 0:02:54.760 --> 0:02:57.760 Carolina yesterday and he told his supporters it's hard to 0:02:57.800 --> 0:03:01.120 talk policy when the Obamas are at him at the DNC, 0:03:01.639 --> 0:03:03.600 Bloomberg said, Baxter has that story. 0:03:03.800 --> 0:03:05.920 Trump and a rally in North Carolina says he'd like 0:03:06.000 --> 0:03:09.600 to focus on policy because his advisors told him it's 0:03:09.639 --> 0:03:12.320 the right thing to do. But he complained to the crowd, 0:03:12.320 --> 0:03:15.639 did you see Barack Obama taking potshots that you're president, 0:03:16.040 --> 0:03:19.120 and so was Michelle. So he asked the attendee, should 0:03:19.160 --> 0:03:22.360 I get personal or should I not get personal? The 0:03:22.400 --> 0:03:24.120 crowd liked him going on attack. 0:03:24.280 --> 0:03:25.000 Now, try and be. 0:03:25.080 --> 0:03:27.399 Nice to people, you know, but it's a little tough 0:03:27.400 --> 0:03:28.840 when they get personal. 0:03:28.960 --> 0:03:31.480 The Obama attacks were aimed at focusing on the way 0:03:31.520 --> 0:03:35.640 Trump attacks his opponents with name calling. Poles have tightened 0:03:35.680 --> 0:03:39.200 in North Carolina at Baxter Bloomberg Radio, all right, ed, 0:03:39.240 --> 0:03:39.520 thank you. 0:03:39.560 --> 0:03:41.600 We have one more note on the twenty twenty four race. 0:03:41.640 --> 0:03:45.520 Reports indicate Independent Robert F. Kennedy Junior is expected to 0:03:45.760 --> 0:03:48.720 end his presidential campaign this week. He plans to give 0:03:48.760 --> 0:03:52.120 a speech about his future tomorrow from Phoenix. It comes 0:03:52.160 --> 0:03:55.080 after Kennedy's running mate suggested that he could potentially endorse 0:03:55.320 --> 0:03:57.920 Donald Trump well Nathan. Turning now to the war in 0:03:57.920 --> 0:04:01.000 the Middle East. After Secretary of State Antony Blanken left 0:04:01.000 --> 0:04:03.880 the region Tuesday without a ceasefire deal, the White House 0:04:03.880 --> 0:04:07.360 said both President Biden and Vice President Harris spoke with 0:04:07.440 --> 0:04:11.440 Israeli Prime Minister Benjamin Netanyahu yesterday. The White House says 0:04:11.480 --> 0:04:14.640 Biden stress the urgency to strike a deal with Commas 0:04:14.800 --> 0:04:18.360 on a ceasefire and hostage release and discussed upcoming talks 0:04:18.360 --> 0:04:21.839 in Cairo to remove any remaining obstacles. Turned out to 0:04:21.839 --> 0:04:23.960 the Economy Karen, a lot of investors focused in on 0:04:24.080 --> 0:04:28.200 Jay Powell's much anticipated speech tomorrow from Jackson Hole, Wyoming. 0:04:28.320 --> 0:04:31.320 The FED chair's comments will come after yesterday's FED minutes 0:04:31.320 --> 0:04:34.680 from the July meeting. Bloomberg's Michael McKee is in Jackson Hole. 0:04:34.800 --> 0:04:37.359 He says the minutes revealed many FED officials saw the 0:04:37.440 --> 0:04:40.119 case for cuts at that July meeting. 0:04:40.520 --> 0:04:44.000 They all decided that maybe because Jay, Paula and the 0:04:44.000 --> 0:04:47.400 majority were saying, don't cut now, we will wait. But 0:04:47.520 --> 0:04:50.480 they do say in the minutes that the latest data 0:04:50.520 --> 0:04:53.600 they had gotten gave them more confidence that they were 0:04:53.640 --> 0:04:55.760 going to be moving down to the two percent level 0:04:55.760 --> 0:04:58.279 and it would be soon appropriate to move rates. 0:04:58.800 --> 0:05:02.000 Bloomberg's Mike mckea. Some FED officials also saw a risk 0:05:02.040 --> 0:05:05.599 of more serious labor market deterioration. Catch a special edition 0:05:05.640 --> 0:05:09.440 of Bloomberg Surveillance Live from Jackson Hole tomorrow starting at 0:05:09.520 --> 0:05:13.000 nine am Eastern on Bloomberg Radio and Television. 0:05:12.720 --> 0:05:15.680 And Nathan Trader's got some insight on radcuts from one 0:05:15.680 --> 0:05:19.520 FED official yesterday. Atlanta FED President Raphael Bostik joined other 0:05:19.600 --> 0:05:24.440 policymakers in signaling caution before proceeding with radcuts. Bostig said 0:05:24.440 --> 0:05:27.320 he's looking for a little more data before supporting a 0:05:27.360 --> 0:05:29.880 reduction in interest rates, adding that he wants to be 0:05:29.920 --> 0:05:32.840 absolutely sure inflation's contained. 0:05:32.600 --> 0:05:34.560 Now to a few company notes, Karen first to the 0:05:34.640 --> 0:05:38.360 latest on the bidding for Paramount Global, sources tell Bloomberg News. 0:05:38.480 --> 0:05:41.599 Edgar Bronfman Junior has raised his offer to take over 0:05:41.680 --> 0:05:45.320 the media company to six billion dollars atop's a four 0:05:45.360 --> 0:05:47.960 point three billion dollar bid he made just three days ago. 0:05:48.400 --> 0:05:51.719 The move could upset Paramount's plan to merge with Skydance Media, 0:05:51.800 --> 0:05:54.600 led by David Ellison. That deal included a forty five 0:05:54.680 --> 0:05:57.880 day period in which Paramount can review other offers. Broadfin 0:05:58.040 --> 0:06:00.440 is a media executive and the heir to this Seagram's 0:06:00.400 --> 0:06:03.400 Spirits fortune. He's reportedly expected to argue that his proposal 0:06:03.440 --> 0:06:07.800 will result in less solution for Paramount's non Redstone shareholders. 0:06:08.120 --> 0:06:11.680 Well Nathan Walt Disney has named former Morgan Stanley CEO 0:06:11.800 --> 0:06:14.840 James Gorman to lead the search for a successor to 0:06:14.960 --> 0:06:17.960 CEO Bob Iger and Bloomberg's Chris Palm Mary says the 0:06:18.040 --> 0:06:18.680 search is on. 0:06:19.160 --> 0:06:22.360 They have said they're looking at internal n external candidates, 0:06:22.400 --> 0:06:26.200 but commncial wisdom is just a handful of senior Disney 0:06:26.240 --> 0:06:29.680 executives who are in the running. Companies widely anticipated to 0:06:30.240 --> 0:06:33.560 name somebody either a president or a COO next year 0:06:33.600 --> 0:06:35.280 who will be the air parent and. 0:06:35.240 --> 0:06:37.480 As Bloomberg's Chris Paul Mary, who says, it'll be a 0:06:37.520 --> 0:06:40.840 tough role to fill since Disney has so many facets 0:06:40.880 --> 0:06:43.680 to his business. Gorman joined Disney's board this year and 0:06:43.800 --> 0:06:46.520 oversaw a succession at Morgan Stanley, where he continues to 0:06:46.560 --> 0:06:48.159 serve as executive chairman. 0:06:48.400 --> 0:06:50.039 Well, Karen, someone new is going to have to fill 0:06:50.120 --> 0:06:53.720 the role leading Apple's app store, sources tell Bloomberg News 0:06:53.800 --> 0:06:58.080 Matt Fisher is leaving the iPhone maker in October. Fisher's 0:06:58.160 --> 0:07:01.600 run the app store since twenty ten. It's been under 0:07:01.600 --> 0:07:05.479 regulatory pressure. Lawmakers say Apple's app store wields too much 0:07:05.520 --> 0:07:07.119 power in the mobile software market. 0:07:07.720 --> 0:07:11.360 And finally, Nathan Shares a Snowflake plunged eighteen percent yesterday 0:07:11.400 --> 0:07:13.600 for their biggest declines as the company went public in 0:07:13.640 --> 0:07:17.640 twenty twenty. The software developer delivered disappointing sales forecast and 0:07:17.680 --> 0:07:21.800 Annow CEO Frank Slutman is stepping down. Bloomberg Intelligence says 0:07:21.840 --> 0:07:25.920 Snowflake's AI plan remains unclear and checking shares this morning, 0:07:26.160 --> 0:07:28.000 they're down eight percent. 0:07:31.400 --> 0:07:31.800 As time. 0:07:31.800 --> 0:07:33.120 Now for a look at some of the other stories 0:07:33.120 --> 0:07:34.880 making news in New York and around the world, and 0:07:34.920 --> 0:07:38.400 for that we're joined by Bloomberg's Michael Barr Michael, Good morning, Good. 0:07:38.200 --> 0:07:42.200 Morning, Karen. Powerful New York Area politicians spoke at day 0:07:42.320 --> 0:07:46.600 three of the Democratic National Convention in Chicago. House Democratic 0:07:46.640 --> 0:07:49.520 Leader Hakim Jeffries called on the crowd to make Kamala 0:07:49.560 --> 0:07:53.440 Harris the forty seventh president of the United States. Jeffries 0:07:53.520 --> 0:07:57.960 also went after Donald Trump. Donald Trump is like an 0:07:58.000 --> 0:08:03.720 old boyfriend who you broke up with, but he just 0:08:03.840 --> 0:08:08.720 won't go away. He has spent the last four years 0:08:09.080 --> 0:08:13.160 spinning the block. Also speaking at the convention, New Jersey 0:08:13.280 --> 0:08:16.960 Senator Corey Booker. Booker is one of many lawmakers who 0:08:17.120 --> 0:08:21.120 are paying tribute to longtime Congressman Bill Pascrell of New Jersey, 0:08:21.320 --> 0:08:22.440 who died yesterday. 0:08:23.160 --> 0:08:27.360 He never forgot where he came from in Patterson, and 0:08:27.440 --> 0:08:32.800 he never stopped fighting. He could push some pacaderms he 0:08:32.920 --> 0:08:34.120 fought for the people. 0:08:34.320 --> 0:08:38.360 Pass Grell had recently been hospitalized for respiratory infection and fever, 0:08:38.800 --> 0:08:42.120 and was again hospitalized earlier this month. In a post 0:08:42.160 --> 0:08:45.200 on x, his office said he is now at peace 0:08:45.280 --> 0:08:49.640 after a lifetime devoted to our great nation of America. 0:08:50.240 --> 0:08:53.839 Bill Pascrell, a senior Democratic member of the powerful House 0:08:53.840 --> 0:08:57.559 Ways and Means Committee, was eighty seven. A state appeals 0:08:57.600 --> 0:09:00.520 court is being asked by New York State's attorney general 0:09:00.559 --> 0:09:04.160 to uphold the lower court decision that former President Trump, 0:09:04.240 --> 0:09:07.800 his adult sons, and company should pay nearly a half 0:09:07.920 --> 0:09:11.640 a billion dollars for a business fraud. The Manhattan judge 0:09:11.640 --> 0:09:14.880 found that the Trumps are liable for inflating the former 0:09:14.960 --> 0:09:18.079 president's net worth by as much as over two billion 0:09:18.120 --> 0:09:22.560 dollars and misrepresented values of assets. Trump lawyers argue that 0:09:22.679 --> 0:09:26.800 prosecutors misapplied the law. Authorities are looking for the woman 0:09:26.920 --> 0:09:29.880 who jumped a fence at a New Jersey zoo and 0:09:30.080 --> 0:09:33.720 stuck her hand into the tiger enclosure. It was all 0:09:33.760 --> 0:09:38.080 caught on video. Zoo keeper Averymneer says one of the 0:09:38.120 --> 0:09:41.679 two Bengal tigers in that cage reacted to the woman 0:09:42.160 --> 0:09:43.240 she taunted the animal. 0:09:43.440 --> 0:09:45.280 I can also see his paw go up and him 0:09:45.320 --> 0:09:47.520 go after her, and he was very agitated that she 0:09:47.760 --> 0:09:49.199 was on the other side of the fence and he 0:09:49.240 --> 0:09:49.520 could not. 0:09:49.559 --> 0:09:50.040 Get to her. 0:09:50.240 --> 0:09:53.160 Police posted the video on social media in hopes of 0:09:53.200 --> 0:09:56.480 finding the woman. Global News twenty four hours a day 0:09:56.559 --> 0:10:00.000 and whenever you want it with Bloomberg News Now Michael Barr, 0:10:00.080 --> 0:10:01.400 and this is Bloomberg Kron. 0:10:01.600 --> 0:10:08.240 All right, Michael Barr, thank you time now for the 0:10:08.240 --> 0:10:10.720 Bloomberg Sports Update with John Stashauer. 0:10:10.840 --> 0:10:13.880 John, good morning, Good morning, Careen. The Yankees offense has 0:10:13.920 --> 0:10:16.280 been so often this year like they're a two man team. 0:10:16.360 --> 0:10:19.120 That's never been more on display than last night at 0:10:19.120 --> 0:10:22.000 the stadium. Juan Soto two run home on the first inning, 0:10:22.040 --> 0:10:24.480 Aaron Judge two run shot of the third, Soto and 0:10:24.640 --> 0:10:28.120 inning later with a check swing opposite field three run double, 0:10:28.120 --> 0:10:30.959 and then in the seventh another Judge home run. Together 0:10:31.440 --> 0:10:33.480 they drove in all eight runs in an eight to 0:10:33.559 --> 0:10:36.320 one rout of Cleveland. Soto now has thirty six homers, 0:10:36.360 --> 0:10:39.280 Judge has forty seven. He's hit six in the last 0:10:39.360 --> 0:10:41.520 nine games, twelve in the last twenty three is on 0:10:41.600 --> 0:10:44.959 pace to hit sixty. Nester Cortes seven scoreless innings. The 0:10:45.000 --> 0:10:48.200 series ends this afternoon in the Bronx. Earlier at Cityfield, 0:10:48.240 --> 0:10:50.199 Mets and Orioles three to three, bottom of the ninth 0:10:50.280 --> 0:10:52.720 with Jesse Winker up as a pinch hitter. 0:10:53.400 --> 0:10:55.600 Swing on a high fly ball well hit left center. 0:10:55.600 --> 0:10:58.280 Moments going back to the track, it's a wall Bit's 0:10:58.360 --> 0:11:02.040 Tom put it the buck. The Bets win it again 0:11:02.360 --> 0:11:06.160 against the Vegas, and only now this Waker, after firing 0:11:06.240 --> 0:11:09.640 down his helmet and benning gloves, step on first base 0:11:09.720 --> 0:11:12.840 and start his triumph intar around the basis. 0:11:13.000 --> 0:11:15.320 On WCBS. The Mets had also won four to three 0:11:15.360 --> 0:11:17.319 Monday night, and that was on a walk off ninth 0:11:17.360 --> 0:11:21.560 inning homer by Francisco Alvarez, also off of Baltimore's Sir 0:11:21.600 --> 0:11:24.640 Anthony Dominguez. The Mets win helps the Yankees. They move 0:11:24.720 --> 0:11:26.960 back ahead of Baltimore. The two teams continue to flip 0:11:26.960 --> 0:11:30.320 flop atop the Al East. Atlanta lost of the Phillies 0:11:30.360 --> 0:11:31.760 three to two, the Mets within a game and a 0:11:31.800 --> 0:11:33.600 half of the Braves. Mets begin a ten game road 0:11:33.600 --> 0:11:36.560 trip tonight in San Diego. Red Sox won four to 0:11:36.559 --> 0:11:39.360 one at Houston. Nationals beat Colorado six to one. The 0:11:39.360 --> 0:11:42.120 Denver Broncos named rookie bo Nicks is their Week one 0:11:42.160 --> 0:11:44.520 starting quarterback. Twelfth pick of the draft, there was only 0:11:44.520 --> 0:11:48.120 the sixth QB taken. He'll become the fourteenth different starting 0:11:48.200 --> 0:11:51.280 QB for the Broncos since Peyton Manning retired. NBA Hall 0:11:51.320 --> 0:11:53.760 of Famer Al Addams has passed away at eighty seven. 0:11:53.840 --> 0:11:56.080 He played for the Warriors. He coached him to an 0:11:56.160 --> 0:11:59.280 NBA championship, then became their general manager. Adams spent sixty 0:11:59.360 --> 0:12:01.040 years with the US organization JOHNS. 0:12:01.080 --> 0:12:01.440 Dashley. 0:12:01.440 --> 0:12:03.319 We're Bloomberg Sports. Can I render Nathan. 0:12:05.320 --> 0:12:09.360 Coast to coast on Bloomberg Radio, nationwide on Sirius XM, 0:12:09.559 --> 0:12:12.480 and around the world on Bloomberg dot Com and the 0:12:12.520 --> 0:12:13.760 Bloomberg Business app. 0:12:13.960 --> 0:12:18.520 This is Bloomberg Daybreak. Good morning, I'm Nathan Hager. Minnesota 0:12:18.559 --> 0:12:21.720 Governor Tim Waltz made a play for the undecided on 0:12:21.880 --> 0:12:24.240 Night three of the Democratic National Convention. 0:12:24.960 --> 0:12:29.920 We're all here tonight for one beautiful, simple reason. 0:12:30.400 --> 0:12:34.680 We love this country. Tim Waltz leaned into his record 0:12:34.720 --> 0:12:37.280 as a veteran and a former high school football coach 0:12:37.280 --> 0:12:40.120 as he introduced himself to the nation and accepted his 0:12:40.160 --> 0:12:43.080 party's nomination to be vice president. For more. We are 0:12:43.160 --> 0:12:47.079 joined now by Bloomberg News senior writer Stephanie Baker. Stephanie, 0:12:47.160 --> 0:12:49.880 Good morning. A lot of talk about neighborliness, a lot 0:12:49.880 --> 0:12:53.240 to talk about reaching out, quite a different tone from 0:12:53.400 --> 0:12:55.679 I guess what we heard from the Obamas, perhaps the 0:12:55.800 --> 0:12:59.120 night before last, good morning, good morning. 0:12:59.280 --> 0:12:59.480 Yeah. 0:12:59.640 --> 0:13:04.000 I mean Governor Waltz's you know, speech was really strong. 0:13:04.080 --> 0:13:07.200 I think, you know, really it was his opportunity to 0:13:07.240 --> 0:13:10.520 introduce himself to the nation, and he really leaned into 0:13:10.559 --> 0:13:15.240 his coach Walls persona, you know, using that football metaphor 0:13:15.280 --> 0:13:17.560 that I think if anyone else tried to use would 0:13:17.600 --> 0:13:20.960 seem a bit corny, sort of saying, you know, we're 0:13:21.000 --> 0:13:24.080 on the offense and we've got the ball and driving 0:13:24.120 --> 0:13:28.400 down the field, you know. And he really emphasized what 0:13:29.280 --> 0:13:33.559 Harris administration would do for the middle class, cutting taxes, 0:13:34.520 --> 0:13:36.920 trying to make a housing more affordable. 0:13:37.920 --> 0:13:38.120 You know. 0:13:38.320 --> 0:13:43.120 I think it's incredible how he's managed to become such 0:13:43.440 --> 0:13:46.560 an accomplished public speaker reading off a teleprompter when a 0:13:46.600 --> 0:13:48.839 few weeks ago he'd never done any such thing. 0:13:49.800 --> 0:13:52.560 Interesting to hear a lot of that kind of talk 0:13:52.679 --> 0:13:55.640 reaching out more to kind of a rural voter that 0:13:56.320 --> 0:14:00.360 many had even leaned toward Republicans in the past. Could 0:14:00.360 --> 0:14:03.040 it be by design that they're sort of trying to 0:14:03.160 --> 0:14:07.680 take that message of freedom and neighborliness and turn it 0:14:07.720 --> 0:14:09.199 on its head against Republicans. 0:14:09.559 --> 0:14:12.000 Yeah, I mean they're really trying to flip the script, 0:14:12.160 --> 0:14:17.600 you know, saying that that doubling down on this sort 0:14:17.600 --> 0:14:23.640 of idea that that less government is actually a democratic theme. 0:14:24.240 --> 0:14:27.520 So you know, this message of get out of our bedrooms, 0:14:28.080 --> 0:14:30.320 you know, don't tell us what to do, you know, 0:14:30.360 --> 0:14:33.640 in our doctor's offices. And I think that that is 0:14:33.680 --> 0:14:37.240 a very effective messaging for the kind of voters that 0:14:37.960 --> 0:14:41.840 Harris needs if she's going to win the presidency, the 0:14:41.920 --> 0:14:46.680 sort of swing voters that had traditionally gone to the 0:14:46.720 --> 0:14:50.280 Republican Party, you know, that voted for Obama in two 0:14:50.320 --> 0:14:53.240 thousand and eight and then voted for Trump in twenty sixteen. 0:14:54.080 --> 0:14:56.760 So I think that's a very calculated bet on their part, 0:14:57.640 --> 0:15:01.800 and that Walls will able to appeal to those white 0:15:02.040 --> 0:15:05.440 male voters that I think Harris is in fact struggling 0:15:05.480 --> 0:15:06.040 to win over. 0:15:06.720 --> 0:15:09.320 You do enough, do you think to rebut the Republican 0:15:09.360 --> 0:15:13.440 attack that we'd heard after he announced as Kamala Harris's 0:15:13.520 --> 0:15:16.560 running mate, that he's Bernie Sanderson, a hunting jacket. 0:15:17.120 --> 0:15:20.640 I think it's going to be really hard for the 0:15:20.680 --> 0:15:25.120 Republicans to paint him as some crazy left winger. He's 0:15:25.240 --> 0:15:29.520 too normal, you know, everything from his background as a 0:15:29.560 --> 0:15:35.120 teacher to a football coach. He's he's your classic kind 0:15:35.120 --> 0:15:38.480 of miss Midwestern dad. I think, you know, the speech 0:15:38.560 --> 0:15:40.760 last night was proof that that is going to be 0:15:40.840 --> 0:15:43.440 a very hard thing for the Republicans to do, to 0:15:44.160 --> 0:15:47.520 paint him as some you know, crazy guy who's out 0:15:47.560 --> 0:15:50.760 to you know, take the country back to you know, 0:15:50.840 --> 0:15:53.080 some other era. So I don't you know, I don't 0:15:53.120 --> 0:15:53.920 think that's going to work. 0:15:54.160 --> 0:15:56.640 So our last thirty second, Stephanie, how does this set 0:15:56.720 --> 0:15:59.000 us up for Kamala Harris's accept in speech tonight. 0:16:00.840 --> 0:16:01.600 It'll be really. 0:16:01.400 --> 0:16:04.840 Interesting to see, you know what, you know what she says. 0:16:04.920 --> 0:16:06.640 I think she's not going to she's not going to 0:16:06.640 --> 0:16:09.080 go into detail on policy, and I think that's been 0:16:09.160 --> 0:16:12.480 some of the criticism that they're at this point. They're 0:16:12.600 --> 0:16:15.320 very light on detail of what they're actually going to do. 0:16:15.400 --> 0:16:19.840 I think she's going to emphasize values. Uh, she's going 0:16:19.880 --> 0:16:24.240 to emphasize the theme of freedom, which has been, you know, 0:16:24.480 --> 0:16:28.560 central to her campaign message and I think has been 0:16:28.680 --> 0:16:29.560 very successful. 0:16:30.320 --> 0:16:31.320 Let's wait and see. 0:16:31.440 --> 0:16:34.360 This is Bloomberg day Break today, your morning brief on 0:16:34.440 --> 0:16:37.960 the story's making news from Wall Street to Washington and beyond. 0:16:38.240 --> 0:16:41.000 Look for us on your podcast feed at six am 0:16:41.080 --> 0:16:44.760 Eastern each morning, on Apple, Spotify, and anywhere else you 0:16:44.800 --> 0:16:45.960 get your podcasts. 0:16:46.080 --> 0:16:48.800 You can also listen live each morning starting at five 0:16:48.840 --> 0:16:51.480 am Wall Street time, on Bloomberg eleven three to zero 0:16:51.480 --> 0:16:54.280 in New York, Bloomberg ninety nine to one in Washington, 0:16:54.440 --> 0:16:57.640 Bloomberg one O six one in Boston, and Bloomberg ninety 0:16:57.680 --> 0:16:59.080 sixty in San Francisco. 0:16:59.440 --> 0:17:02.600 Our flag New York station is also available on your 0:17:02.640 --> 0:17:07.720 Amazon Alexa devices. Just say Alexa play Bloomberg eleven thirty. 0:17:07.760 --> 0:17:10.640 Plus listen coast to coast on the Bloomberg Business app, 0:17:10.720 --> 0:17:14.879 serious xmb iHeartRadio app, and on Bloomberg dot Com. I'm 0:17:14.960 --> 0:17:16.879 Nathan Hager and I'm Karen Moscow. 0:17:17.040 --> 0:17:19.800 Join us again tomorrow morning for all the news you 0:17:19.920 --> 0:17:23.160 need to start your day right here on Bloomberg Daybreak