Harris-Trump Ramp Up Attacks; Musk-Putin Relationship

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 --> 0:00:14.640 following today. 0:00:14.800 --> 0:00:17.160 Karen, let's begin with the latest from the campaign trail. 0:00:17.239 --> 0:00:20.439 With just eleven days left until the election, both Kamala 0:00:20.480 --> 0:00:23.400 Harris and Donald Trump are pulling out all the stops. 0:00:23.520 --> 0:00:26.600 The Vice president rallied supporters last night in Georgia and 0:00:26.640 --> 0:00:29.520 seized on criticism of the former president from his former 0:00:29.600 --> 0:00:31.320 chief of staff John Kelly. 0:00:31.760 --> 0:00:35.280 Take a moment to think about what that means that 0:00:35.440 --> 0:00:43.000 Trump said quote Hitler did some good things and that 0:00:43.200 --> 0:00:48.479 Trump wished he had generals like Hitler's who would be 0:00:48.640 --> 0:00:53.040 loyal to Trump and not to America's constitution. 0:00:53.640 --> 0:00:56.280 Vice President Harris was joined on stage for the first 0:00:56.280 --> 0:00:58.600 time by former President Barack Obama. 0:00:59.040 --> 0:01:02.080 Oh, I want to explain that in politics, a good 0:01:02.160 --> 0:01:05.200 rule of thumb is don't say you want to do 0:01:05.280 --> 0:01:06.199 anything like Hitler. 0:01:06.800 --> 0:01:10.120 Not along with former President Obama. Bruce Springsteen appeared with 0:01:10.160 --> 0:01:13.000 Harris at the Georgia rally. But perhaps the biggest celebrity 0:01:13.000 --> 0:01:16.399 backing for the Vice president will come today when Beyonce 0:01:16.680 --> 0:01:20.120 joins Kamala Harris at a rally in her hometown of Houston, 0:01:20.200 --> 0:01:21.640 Texas well Nathan. 0:01:21.680 --> 0:01:25.320 Former President Trump has denied making those comments about Hitler. 0:01:25.400 --> 0:01:28.160 He held a rally last night in Tempe, Arizona, where 0:01:28.200 --> 0:01:31.280 he rallied against Harris over the migrant crisis. 0:01:31.600 --> 0:01:35.080 We're a dumping ground. We like a garbage can for 0:01:35.120 --> 0:01:40.679 the world. That's what's happened. That's what's happened. We like 0:01:40.760 --> 0:01:43.720 a garbage can. You know, it's the first time I've 0:01:43.760 --> 0:01:44.559 ever said that. 0:01:45.000 --> 0:01:48.280 Earlier, Donald Trump told a conservative radio show that he 0:01:48.320 --> 0:01:52.080 would fire Special counsel Jack Smith quote within two seconds 0:01:52.080 --> 0:01:54.720 if he returns to the White House. Smith is appealing 0:01:54.720 --> 0:01:58.680 his classified documents case against Trump, and he's filed revised 0:01:58.760 --> 0:02:01.840 charges in the twenty twenty election interference case after the 0:02:01.880 --> 0:02:05.080 Supreme Court's ruling on presidential immunity. 0:02:04.720 --> 0:02:08.480 And Trump continues to get big donations Karen from Elon Musk. 0:02:08.520 --> 0:02:11.320 The billionaire gave another fifty six million dollars to Trump 0:02:11.360 --> 0:02:13.640 and other Republicans in the final weeks of the twenty 0:02:13.639 --> 0:02:16.240 twenty four race. Musk has spent at least one hundred 0:02:16.240 --> 0:02:19.080 and thirty two million dollars to elevate his allies to 0:02:19.120 --> 0:02:21.120 the White House and Congress. 0:02:20.919 --> 0:02:23.120 Well Nathan, the world's richest man, may be looking to 0:02:23.200 --> 0:02:27.040 extend his influence even further to geopolitics. According to a 0:02:27.120 --> 0:02:30.080 report in the Wall Street Journal, Elon Musk has been 0:02:30.120 --> 0:02:33.960 in regular contact with Russian President Vladimir Putin for nearly 0:02:34.000 --> 0:02:37.359 two years. Sources tell the Journal their conversations have touched 0:02:37.400 --> 0:02:41.960 on business, geopolitics, and personal matters. In one case, Putin 0:02:42.040 --> 0:02:46.560 reportedly asked Musk not to activate his Starlink's satellite internet 0:02:46.639 --> 0:02:50.079 over Taiwan as a favorite of Chinese President Xijin Ping. 0:02:50.560 --> 0:02:52.799 Musk did not respond to requests for comment on the 0:02:52.880 --> 0:02:55.919 Journal report, but in the past he said it's absurd 0:02:55.960 --> 0:02:59.240 to think that he's a Putin apologist, and his companies 0:02:59.400 --> 0:03:02.520 have done more to undermine Russia than anything ill. 0:03:02.560 --> 0:03:07.359 Meanwhile, Karen Elon Musk's wealth sword Following blowout earnings from Tesla, 0:03:07.480 --> 0:03:09.760 Musk added thirty three and a half billion dollars to 0:03:09.800 --> 0:03:12.600 his net worth yesterday after shares of the electric vehicle 0:03:12.639 --> 0:03:15.960 maker searched twenty two percent for its biggest gain in 0:03:16.000 --> 0:03:19.080 more than a decade. Musk's wealth gain brought his fortune 0:03:19.080 --> 0:03:22.000 to more than two hundred and seventy billion dollars sixty 0:03:22.040 --> 0:03:24.760 one billion, ahead of second place Jeff Bezos. 0:03:25.080 --> 0:03:27.040 Well Nathan. It's also a big day for the head 0:03:27.080 --> 0:03:30.119 of a Microsoft CEO Saki and Adella received a pay 0:03:30.160 --> 0:03:33.160 package worth more than seventy nine million dollars this year, 0:03:33.440 --> 0:03:36.120 and that's his sixty three percent increase from the prior year. 0:03:36.360 --> 0:03:40.000 About ninety percent of Nadella's compensation was in Microsoft shares. 0:03:40.160 --> 0:03:42.720 We have even more sweet c suite news this morning. 0:03:42.760 --> 0:03:46.320 Karen Morgan Stanley CEO Ted Pick is about to become 0:03:46.560 --> 0:03:49.640 chairman of the board. That's expected in January, and we 0:03:49.680 --> 0:03:51.960 get more on that from Bloomberg's Doug Prisner. 0:03:52.320 --> 0:03:55.440 Pick will replace James Gorman. Back in May, Gorman said 0:03:55.480 --> 0:03:57.320 he would step down as chairman at the end of 0:03:57.320 --> 0:04:00.080 the year, and Pick was expected to replace him in 0:04:00.080 --> 0:04:03.080 that role. In a nod of respect, Morgan Stanley said 0:04:03.080 --> 0:04:06.400 Gorman will take on the title of chair emeritus after 0:04:06.520 --> 0:04:09.560 leaving the board. Pick took over from Gorman as CEO 0:04:09.680 --> 0:04:11.839 at the start of the year, and a little over 0:04:11.880 --> 0:04:15.800 a week ago, Morgan Stantley reported results above expectations with 0:04:15.880 --> 0:04:19.640 a record quarter in wealth management. Under Pick, Morgan Stanley 0:04:19.720 --> 0:04:23.080 shares have climbed nearly twenty eight percent this year. In 0:04:23.160 --> 0:04:25.039 New York. I'm Doug Prisoner Bloomberg Radio. 0:04:25.279 --> 0:04:27.120 All right, Doug, thank you. There's some stocks on the 0:04:27.160 --> 0:04:30.479 move this morning. Shares of Capri Holding, they are plunging 0:04:30.520 --> 0:04:33.520 down more than forty five percent. Of Federal judges blocked 0:04:33.560 --> 0:04:36.279 its planned eight and a half billion dollar takeover by 0:04:36.320 --> 0:04:39.960 retail rival Tapestry. The judge froze the deal after concluding 0:04:40.000 --> 0:04:44.760 it would harm competition in the market for accessible luxury handbags. Tapestry, 0:04:44.800 --> 0:04:48.880 which makes Coach and Kate Spade handbags, currently is up 0:04:48.880 --> 0:04:50.680 thirteen and a half percent this morning. 0:04:50.880 --> 0:04:54.160 And the strike at Boeing drags on Karen after unionized 0:04:54.200 --> 0:04:58.200 workers rejected a labor deal with generous pay packages. Bloomberg's 0:04:58.240 --> 0:05:00.360 John Tucker is here now with the updates. So, John, 0:05:00.360 --> 0:05:02.560 the workers seem to be banking on pensions. 0:05:02.680 --> 0:05:05.560 Huh and it's a long shot, Nathan. Ten years ago, 0:05:05.640 --> 0:05:09.520 the pensions were removed at Boeing, and Jane Jacobs labor 0:05:09.600 --> 0:05:12.240 law expert, tells Bloomberg employees want to go back to 0:05:12.320 --> 0:05:15.880 traditional pension plans, but they're asking for a dinosaur. The 0:05:16.000 --> 0:05:18.360 pensions fell out of favor on Wall Street decades ago 0:05:18.480 --> 0:05:22.840 after repeated economic downturns left employers feeling trapped, and now 0:05:22.880 --> 0:05:26.080 members of the International Association of Machinists and the Aerospace 0:05:26.120 --> 0:05:29.839 Workers appear to be holding out. On Wednesday, they rejected 0:05:29.880 --> 0:05:32.960 the proposed four year agreement that would have guaranteed thirty 0:05:32.960 --> 0:05:36.040 five percent wage increases and enhanced four oh one k 0:05:36.240 --> 0:05:39.840 benefit matches. The meantime, the pressure keeps building. Boeing isn't 0:05:39.839 --> 0:05:44.640 producing any civilian aircraft besides the seven eighty seven Dreamliner, 0:05:44.800 --> 0:05:47.120 which is made at a different site that doesn't have 0:05:47.360 --> 0:05:50.440 union representation in New York. On John Tucker. 0:05:50.120 --> 0:05:53.200 Bloomberg Radio, Right, John, Thanks, So, we're also following the 0:05:53.240 --> 0:05:57.120 e coli outbreak that's impacting McDonald's and other fast food chains. 0:05:57.120 --> 0:05:59.799 Burger King and Young Brands, which owns Taco Bell, Pizza 0:05:59.839 --> 0:06:04.040 hug In KFC, removed onions from some of their locations yesterday. 0:06:04.320 --> 0:06:07.359 The restaurant industry is on alert after the CDC Sidney 0:06:07.440 --> 0:06:11.200 coli outbreak, likely tied to pre slivered onions served on 0:06:11.279 --> 0:06:14.839 McDonald's quarter pounders, sickened dozens of people in the US 0:06:14.960 --> 0:06:15.760 and killed. 0:06:15.480 --> 0:06:18.840 One And finally, Karen, after eight months in space, four 0:06:18.920 --> 0:06:21.880 astronauts are back on Earth and endeavor. 0:06:22.000 --> 0:06:24.000 We see the same on behalf of SpaceX. 0:06:24.040 --> 0:06:24.520 Welcome Home. 0:06:24.720 --> 0:06:26.960 That was the sound from SpaceX this morning after the 0:06:27.000 --> 0:06:29.840 company's capsule, with a crew of three American astronauts and 0:06:29.920 --> 0:06:34.880 one Russian cosmonaut on board, parachuted into the Gulf of Mexico. 0:06:35.080 --> 0:06:38.960 Their mission lasted two hundred and thirty five days, three hours, 0:06:39.000 --> 0:06:43.000 and thirty five minutes, during which the space station circled 0:06:43.040 --> 0:06:47.039 the globe three thousand, seven hundred seventy six times that 0:06:47.120 --> 0:06:51.200 covers one hundred million miles. These astronauts were supposed to 0:06:51.240 --> 0:06:53.600 be back on Earth two months ago, they were delayed 0:06:53.960 --> 0:06:59.120 by capsule trouble for Boeing Starliner and Hurricane Milton. 0:07:02.920 --> 0:07:04.240 And it's time now for a look at some of 0:07:04.279 --> 0:07:06.400 the other stories making news in New York and around 0:07:06.440 --> 0:07:09.279 the world. And for that we're joined by Bloomberg's Michael Barr. Michael, 0:07:09.279 --> 0:07:10.400 Good Morning, Good morning. 0:07:10.480 --> 0:07:13.720 Karen Eric and Lyle Menendez are being recommended for re 0:07:13.880 --> 0:07:17.800 sentencing with the eligibility for parole for the nineteen eighty 0:07:17.880 --> 0:07:21.440 nine murders of their parents. Los Angeles County District Attorney 0:07:21.480 --> 0:07:26.040 George Gascon says he's recommending their release under California's Youthful 0:07:26.160 --> 0:07:27.120 Parole law. 0:07:27.600 --> 0:07:31.040 I'm recommending that they be released because I believe that 0:07:31.920 --> 0:07:34.600 the people that there were at age nineteen and twenty one, 0:07:34.760 --> 0:07:36.800 it is not the same people that we're seeing thirty 0:07:36.800 --> 0:07:37.640 five years later. 0:07:38.280 --> 0:07:41.120 Defense lawyer Mark Gerrigos represents the brothers. 0:07:42.560 --> 0:07:46.320 These boys need to come home, and today is a monumental, 0:07:46.840 --> 0:07:49.360 monumental victory on that path. 0:07:50.080 --> 0:07:52.760 The brothers said they feared their parents were about to 0:07:52.840 --> 0:07:55.640 kill them to stop people from finding out that Jose 0:07:55.840 --> 0:08:00.560 Menendez had sexually abused Eric Menendez for years. A judge 0:08:00.600 --> 0:08:03.760 will need to go along with Gascun's recommendation, and then 0:08:03.800 --> 0:08:07.200 a parole board must approve. The final stop is with 0:08:07.280 --> 0:08:11.200 the California governor, who could reject the board's decision. Gaza 0:08:11.280 --> 0:08:14.720 Health officials say and Israeli strike this morning killed thirty 0:08:14.720 --> 0:08:18.800 eight people in Conunis. It comes as another Israeli strike 0:08:19.120 --> 0:08:23.280 on a compound housing journalists in southeast Lebanon killed three 0:08:23.360 --> 0:08:27.000 media staffers. Army officials that a person of interest has 0:08:27.040 --> 0:08:30.200 been taken into custody and connection to the suspected murder 0:08:30.240 --> 0:08:33.840 of a soldier at Fort Leonard Wood in Missouri. The 0:08:33.880 --> 0:08:36.800 body of twenty three year old Sergeant Sarah Roquet was 0:08:36.840 --> 0:08:40.400 found earlier this week in a dumpster. Army Major General 0:08:40.520 --> 0:08:42.480 Christopher Beck, the Department. 0:08:42.160 --> 0:08:44.920 Of the Army Criminal Investigation Division is investigating her death 0:08:44.920 --> 0:08:46.440 as a potential homicide. 0:08:46.840 --> 0:08:47.719 They are working. 0:08:47.480 --> 0:08:50.360 Closely with the FBI other law enforcement agencies. 0:08:50.960 --> 0:08:54.640 Major General Beck. President Biden traveled to Arizona to issue 0:08:54.640 --> 0:08:58.280 an apology to the Native American community for the federal 0:08:58.320 --> 0:09:01.760 government's role in removing Native children from their homes to 0:09:01.920 --> 0:09:06.040 send them to abusive boarding schools for decades. It follows 0:09:06.080 --> 0:09:09.640 an investigation launched by a Secretary of the Interior, deb Holland. 0:09:10.120 --> 0:09:13.640 For more than a century, tens of thousands of Indigenous children, 0:09:14.320 --> 0:09:17.280 as young as four years old were taken from their 0:09:17.320 --> 0:09:21.280 families and communities and forced into boarding schools run by 0:09:21.320 --> 0:09:24.720 the US government and religious institutions. 0:09:25.120 --> 0:09:27.839 The investigation found at least nine hundred and seventy three 0:09:27.920 --> 0:09:31.959 children died in schools across dozens of states and territories. 0:09:32.440 --> 0:09:34.960 Global News twenty four hours a day and whenever you 0:09:35.000 --> 0:09:37.800 want it with Bloomberg News Now. Michael Barrn. This is 0:09:37.840 --> 0:09:38.640 Bloomberg Herron. 0:09:39.000 --> 0:09:45.679 All right, Michael barr thank you time now for the 0:09:45.679 --> 0:09:48.720 Bloomberg Scores update, brought to you by Trying State Outie. 0:09:48.720 --> 0:09:49.840 Here's John Stashauer. 0:09:49.960 --> 0:09:52.600 John, all right, Karen, it's a night Yankee fans I've 0:09:52.600 --> 0:09:55.640 been waiting for for fifteen years, a draft that matched 0:09:55.679 --> 0:09:59.360 the longest and Yankee history for time between World Series games. 0:09:59.360 --> 0:10:02.199 They start their forty first World Series. That's still more 0:10:02.200 --> 0:10:04.439 than a third of all the Fall Classics. They're going 0:10:04.440 --> 0:10:06.959 for their twenty eighth championship, and they have their ace 0:10:07.480 --> 0:10:10.400 on the mount. Tonight, Garrett Cole will face the Dodgers. 0:10:10.840 --> 0:10:14.880 You obviously know of the talent and know of the 0:10:15.360 --> 0:10:18.240 you know the progress of the other team and how 0:10:18.240 --> 0:10:20.800 they can swing the bat. With high advocacy, I think 0:10:20.800 --> 0:10:24.840 that they are going to get their hits at some 0:10:24.880 --> 0:10:29.920 point of this series. They are good players, and they obviously, 0:10:31.960 --> 0:10:33.760 you know, have played really well to this point. 0:10:33.760 --> 0:10:36.199 And Dodgers have an offense that just scored thirty seven 0:10:36.280 --> 0:10:38.800 runs and their four NLCS wins over the Mets. They 0:10:38.800 --> 0:10:42.320 have a deep bullpen, but there without four injured starting pitchers, 0:10:42.400 --> 0:10:45.480 they to go with Jack Flerty seven scoreless innings in 0:10:45.520 --> 0:10:47.480 Game one against the Mets, but in his two other 0:10:47.520 --> 0:10:50.920 postseason starts, Flerty gave up twelve runs. Week eight also 0:10:50.960 --> 0:10:53.079 began in La. The Rams took their first lead with 0:10:53.120 --> 0:10:54.840 two and half minutes left third quarter. They beat the 0:10:54.920 --> 0:10:58.839 Vikings thirty to twenty. Matthew Stafford four touchdown passes, Minnesota's 0:10:59.200 --> 0:11:01.720 second loss a starting five and oh last spring, the 0:11:01.760 --> 0:11:04.720 Panthers ended the Rangers season, then won the Stanley Cup, 0:11:04.720 --> 0:11:07.199 and last night Florida also won three one at the 0:11:07.240 --> 0:11:09.280 Garden where tonight the next taking on the team that 0:11:09.480 --> 0:11:13.079 ended their season, the Indiana Pacers, Nick's blown out and 0:11:13.120 --> 0:11:15.960 their opener in Boston. Celtics last night one in Washington 0:11:15.960 --> 0:11:18.400 won twenty two to one oh two. Dallas won its 0:11:18.440 --> 0:11:21.040 opener Klay Thompson's debut with the MAVs. He made six 0:11:21.080 --> 0:11:24.400 three pointers. The ex Nick Julius Randall thirty three points 0:11:24.440 --> 0:11:27.840 from Minnesota and a win at Sacramento College football Pittsburgh 0:11:27.840 --> 0:11:30.920 now seven to oh forty one to thirteen over Syracuse, 0:11:31.200 --> 0:11:34.640 whose quarterback Kyle McCord through five interceptions there were three 0:11:34.800 --> 0:11:38.840 pit pick sixes. George Stish were Bloomberg Sports Karen Nathan. 0:11:40.880 --> 0:11:45.000 Coast to coast on Bloomberg Radio nationwide on sirius XM 0:11:45.120 --> 0:11:48.040 and around the world on Bloomberg dot Com and the 0:11:48.040 --> 0:11:49.280 Bloomberg Business app. 0:11:49.520 --> 0:11:52.920 This is Bloomberg Daybreak. Good morning, I'm Nathan Hager. With 0:11:52.960 --> 0:11:56.240 eleven days till the election, both Kamala Harris and Donald 0:11:56.280 --> 0:11:59.319 Trump were turning the heat up on each other on 0:11:59.400 --> 0:12:00.600 the campaign trail. 0:12:00.920 --> 0:12:08.400 Donald Trump has become more confused, more unstable, and more angry. 0:12:08.559 --> 0:12:11.320 Are you better off now. 0:12:12.720 --> 0:12:15.080 That you were four years ago? 0:12:15.200 --> 0:12:17.760 I don't think so now. The former president rallied his 0:12:17.800 --> 0:12:20.440 supporters last night in Las Vegas, while the vice president 0:12:20.520 --> 0:12:23.600 was campaigning in the Atlanta area, with former President Obama 0:12:23.640 --> 0:12:27.240 and Bruce Springsteen in tow Joining us this morning to 0:12:27.280 --> 0:12:32.280 talk about the race are Bloomberg's Derek Wallbank and Kevin Whitelog. 0:12:32.360 --> 0:12:35.400 Good morning to both of you. Derek, where does the 0:12:35.480 --> 0:12:38.040 race stand with eleven days out? 0:12:39.360 --> 0:12:41.760 Nathan, We are sitting and dancing on the tip of 0:12:41.800 --> 0:12:44.920 a pin right now. It is very, very close in 0:12:44.960 --> 0:12:48.560 the presidential race and across the key swing states we 0:12:48.600 --> 0:12:52.680 are seeing we are seeing a lot of tightness in polls. 0:12:52.679 --> 0:12:56.120 We're seeing signs that are good for both sides in 0:12:56.200 --> 0:12:59.120 the early vote, depending on what you're looking at and 0:12:59.280 --> 0:13:01.559 right now, as you just played in those clips, you're 0:13:01.600 --> 0:13:06.000 seeing Kamala Harrison Donald Trump targeting very similar audiences. A 0:13:06.040 --> 0:13:10.400 lot of this final pitch is geared at voters who 0:13:11.040 --> 0:13:14.160 are a very very thin slice of the electorate. It's 0:13:14.240 --> 0:13:16.960 that group that isn't really sure about either of them, 0:13:17.080 --> 0:13:20.680 maybe doesn't like either of them, not necessarily confident about 0:13:20.720 --> 0:13:24.040 where the economy is, but not necessarily confident about throwing 0:13:24.080 --> 0:13:26.720 Donald Trump back into the White House again. So you 0:13:26.760 --> 0:13:30.000 are seeing those pitches a lot of high negatives about 0:13:30.000 --> 0:13:33.679 the opponents, a lot of contrast, because this really could 0:13:33.720 --> 0:13:38.680 go any sort of way. It's entirely plausible that Donald 0:13:38.720 --> 0:13:41.199 Trump wins with more than three hundred electoral votes. It's 0:13:41.320 --> 0:13:44.560 entirely plausible Kamala Harris does the same. And it's also 0:13:45.040 --> 0:13:49.600 critically entirely plausible that we are waiting for days plural 0:13:49.960 --> 0:13:52.200 maybe even a week or more to figure out what 0:13:52.240 --> 0:13:53.440 the actual result was. 0:13:53.840 --> 0:13:57.719 Let's bring Kevin Whitelaw into this conversation we've heard in 0:13:57.880 --> 0:14:01.920 just these last few hours, Kevin Kamala Harris seizing on 0:14:02.000 --> 0:14:04.480 these reports in the Atlantic and The New York Times 0:14:04.840 --> 0:14:08.480 that former President Trump has said nice things about Adolf 0:14:08.640 --> 0:14:11.520 Hitler and at the same time, we're hearing from former 0:14:11.559 --> 0:14:15.640 President Trump calling the US a garbage can because of 0:14:15.679 --> 0:14:19.520 what at the border. The negatives really seem to be 0:14:19.640 --> 0:14:21.160 ramping up in these final days. 0:14:21.840 --> 0:14:24.040 Yeah, well, obviously, you know, as we as we enter 0:14:24.400 --> 0:14:26.960 this this home stretch, I think both candidates are looking 0:14:26.960 --> 0:14:28.800 to try to, you know, figure out what their closing 0:14:28.840 --> 0:14:32.120 messages are. And obviously at this point I think, you know, 0:14:32.240 --> 0:14:35.200 for for Kamala Harris, one of those strong messages that 0:14:35.280 --> 0:14:38.080 I think that her people think can can move people 0:14:38.120 --> 0:14:41.320 towards towards her is is just a reminder of of 0:14:41.320 --> 0:14:43.960 of just you know, sort of why so many people 0:14:45.000 --> 0:14:49.440 did get sort of you know, you moved away from 0:14:49.480 --> 0:14:52.000 Donald Trump and and we're gonna have trouble voting for him. 0:14:52.040 --> 0:14:55.360 And so I think this, this sort of Hitler sort 0:14:55.360 --> 0:14:58.720 of set of remarks has been obviously well timed as 0:14:58.720 --> 0:15:02.000 far as Kamala Harris is can, but it does sort 0:15:02.000 --> 0:15:05.600 of have a pretty stark contrast to the headline on 0:15:05.680 --> 0:15:08.800 the on Bloomberg right now is Springsteen Obama rally for Harris. 0:15:08.800 --> 0:15:12.920 Trump denies Hitler remarks. Normally you know this this would 0:15:12.920 --> 0:15:15.640 suggest that one campaign is perhaps doing better than the other, 0:15:15.760 --> 0:15:18.520 but as Derek was saying, this one is so close 0:15:18.960 --> 0:15:22.960 that you're ultimately dealing with only, you know, a very 0:15:23.080 --> 0:15:25.800 tiny number of true undecided. And for the most part, 0:15:25.840 --> 0:15:30.000 it's really just about getting people motivated to vote, comfortable 0:15:30.000 --> 0:15:32.200 to vote, and ready to pull the lever for one 0:15:32.280 --> 0:15:32.640 or the other. 0:15:32.920 --> 0:15:35.520 And to that point, on top of the Bloomberg News 0:15:35.600 --> 0:15:38.440 Morning Console poll that showed just how tight the races 0:15:38.520 --> 0:15:41.240 in all seven swing states, you've got a new New 0:15:41.320 --> 0:15:46.280 York Times Siena College National Likely voter poll that shows 0:15:46.360 --> 0:15:50.480 Kamala Harris and Donald Trump at forty eight percent a piece. 0:15:51.520 --> 0:15:55.720 What does this say, Derek, Yeah, Derek, about where things 0:15:55.800 --> 0:15:59.000 could go in this next week and a half. I mean, 0:15:59.120 --> 0:16:02.320 is there any room for either side to make a 0:16:02.360 --> 0:16:03.120 mistake here? 0:16:04.840 --> 0:16:07.120 You know, Nathan, I think Kevin said it right. It's 0:16:07.160 --> 0:16:09.920 a lot about turning out your voters at this point, right, 0:16:10.560 --> 0:16:14.120 Kamala Harris is going to be looking to try and 0:16:14.240 --> 0:16:17.640 drive particularly women to the poll. We've seen in some 0:16:18.200 --> 0:16:21.720 special elections after the Supreme Court's Dobbs decision on abortion, 0:16:22.200 --> 0:16:28.680 an over performance among Democrats in down ballot races that 0:16:29.600 --> 0:16:32.720 they're really hoping can translate here, and you are seeing 0:16:32.760 --> 0:16:35.800 in some early votes, some indications that women are coming 0:16:35.800 --> 0:16:39.120 out in quite high numbers. At the same point, Donald 0:16:39.160 --> 0:16:41.760 Trump is going to be is doing I think, far 0:16:41.840 --> 0:16:46.240 better than many people expected at turning out some rural voters, 0:16:46.360 --> 0:16:49.480 especially in Georgia, especially in North Carolina. So there is 0:16:49.560 --> 0:16:51.800 going to be a sort of like trying to pastiche 0:16:51.800 --> 0:16:55.000 this together because you are trying to get the votes 0:16:55.000 --> 0:16:58.520 out in these very specific constituencies, in these very specific 0:16:58.640 --> 0:17:01.400 you know, sort of state borders. If you're in North Carolina, 0:17:01.480 --> 0:17:05.000 on the western edge of North Carolina, your vote is 0:17:05.040 --> 0:17:07.040 going to matter a lot more than somebody on the 0:17:07.119 --> 0:17:09.080 very eastern tip of Tennessee, right. 0:17:09.160 --> 0:17:09.399 You know. 0:17:09.480 --> 0:17:11.920 That's just sort of the way the US works in 0:17:12.040 --> 0:17:15.840 elections like this, And they're very clear about this, they 0:17:15.880 --> 0:17:18.760 know all of this. What I would say is that, 0:17:19.480 --> 0:17:21.440 and it's important for people to look at when they're 0:17:21.440 --> 0:17:25.480 looking at the map, a general tie vote is probably 0:17:25.520 --> 0:17:28.600 better for Donald Trump once you get to state, because 0:17:28.680 --> 0:17:30.879 the Electoral College has a little bit the way the 0:17:30.960 --> 0:17:33.280 votes are going right now, a little bit of a 0:17:33.359 --> 0:17:36.679 hum towards the GOP. So a tie in a national 0:17:36.800 --> 0:17:39.600 vote is probably better news for Donald Trump than it 0:17:39.680 --> 0:17:40.960 is for Kabla Harris. 0:17:40.800 --> 0:17:43.679 And to the point about this race sort of turning 0:17:43.760 --> 0:17:47.760 into a national conversation here, Kevin, We're going to see 0:17:48.240 --> 0:17:51.920 Vice President Harris holding a rally later today in the 0:17:52.080 --> 0:17:56.760 non swing state of Texas, joined by Beyonce, ramping up 0:17:56.800 --> 0:18:00.840 star power once again, and former President Trump this weekend 0:18:01.080 --> 0:18:04.360 is going to be holding a rally at Madison Square Garden. 0:18:04.560 --> 0:18:08.440 What do you make of the final stage strategy here 0:18:08.880 --> 0:18:12.239 focusing not just on the swing states, but bringing this 0:18:12.359 --> 0:18:14.280 to a more national audience. 0:18:14.680 --> 0:18:16.520 Well, I think when you can get Beyonce, you go 0:18:16.640 --> 0:18:18.439 to Beyonce. You don't ask her to come to you. 0:18:18.600 --> 0:18:21.919 So I think in this case, Kamala Harris is trying 0:18:21.960 --> 0:18:24.880 to harness whatever she can by way of the star 0:18:25.040 --> 0:18:28.480 star you know, star wattage that that that has been 0:18:28.520 --> 0:18:32.360 coming out for her. Obviously, Bruce Springsteen, Barack Obama we've 0:18:32.400 --> 0:18:36.800 seen and I think James Taylor was with Tim Walls, 0:18:36.840 --> 0:18:39.880 and now you do have Beyonce. So I think that's 0:18:39.880 --> 0:18:42.359 probably says more just about the straight logistics of making 0:18:42.359 --> 0:18:46.760 that happen, because obviously they are looking for ways to 0:18:47.240 --> 0:18:51.119 make sure that people see her appeal across a number 0:18:51.119 --> 0:18:54.119 of different demographics. For Trump, I think it's. 0:18:54.000 --> 0:18:58.200 Always been about the high profile, high splash sort of moments, 0:18:58.240 --> 0:19:02.040 and and you know, playing square garden is a way 0:19:02.080 --> 0:19:03.720 I think for him to sort of rally the base 0:19:04.640 --> 0:19:08.840 as watching watching him enter what obviously is otherwise a 0:19:08.880 --> 0:19:09.960 Democratic stronghold. 0:19:10.200 --> 0:19:12.560 And of course Donald Trump has his own star power 0:19:12.560 --> 0:19:15.119 in the form of the world's richest man, Elon Musk. 0:19:15.160 --> 0:19:17.480 And now there's this report in the Wall Street Journal 0:19:17.600 --> 0:19:21.320 that Musk has been in regular contact, apparently with Russian 0:19:21.359 --> 0:19:25.760 President Vladimir Putin for at least two years now. Derek, 0:19:25.800 --> 0:19:28.679 does that have any impact on the race. Do you 0:19:28.720 --> 0:19:32.680 think this report that Elon Musk is trying to dive 0:19:32.720 --> 0:19:34.240 even deeper into geopolitics. 0:19:35.640 --> 0:19:37.720 Well, I'm not really sure how much of an impact 0:19:37.720 --> 0:19:40.119 that's going to have in terms of turning actual votes 0:19:40.800 --> 0:19:44.160 right now, because it's kind of hard to see how 0:19:44.200 --> 0:19:46.879 many votes are out there moving because of proxies. To 0:19:46.960 --> 0:19:49.720 Kevin's point, right, you use the proxies that you have 0:19:49.840 --> 0:19:52.560 in Musk has been a huge Donald Trump proxy, but 0:19:52.560 --> 0:19:55.879 they're sort of giving awareness and ultimately that voting ballot 0:19:55.960 --> 0:20:00.000 choice is between Donald Trump and Kamala Harris, not between 0:20:00.040 --> 0:20:03.720 Elon Musk and Taylor Swift. Right, But it does highlight 0:20:03.760 --> 0:20:08.760 a sort of sensitivity on the governing side and in 0:20:08.840 --> 0:20:11.720 terms of how it affects Musk's own business lines. Right, 0:20:11.960 --> 0:20:17.120 he is, among other things, a massive, massive government contractory 0:20:17.119 --> 0:20:20.840 in a whole lot of ways, from Starlank and Internet 0:20:20.880 --> 0:20:25.520 service to the SpaceX and spaceflight and all manner of 0:20:25.560 --> 0:20:29.720 other things. Right, And to the degree that Harris wins, 0:20:30.720 --> 0:20:35.159 you can imagine additional scrutiny onto all of those business lines. 0:20:35.200 --> 0:20:38.800 To the degree that Trump wins, you can imagine perhaps 0:20:39.119 --> 0:20:43.440 substantially less scrutiny and maybe even more incentives towards there. 0:20:43.680 --> 0:20:45.960 So somebody like Elon Musk, and Musk has said this 0:20:46.119 --> 0:20:49.960 himself in some words, it has a lot writing on 0:20:50.200 --> 0:20:50.800 this race. 0:20:52.800 --> 0:20:55.320 Got about a minute left, Kevin. Your take on the 0:20:55.359 --> 0:20:57.680 Elon Musk Wall Street Journal report what it could mean 0:20:57.720 --> 0:21:00.840 potentially with Elon Musk looking for a potential position in 0:21:00.840 --> 0:21:01.880 the Trump administration. 0:21:02.400 --> 0:21:04.960 Yeah, I mean, I think ultimately this is probably more 0:21:05.160 --> 0:21:08.080 more of a more of an issue going forward for 0:21:08.400 --> 0:21:11.119 both Musk's companies, but also, as you say, but you know, 0:21:11.160 --> 0:21:13.480 the possibilities has been talked about for him to have 0:21:13.480 --> 0:21:15.880 an official role in the administration. I mean, I think 0:21:15.920 --> 0:21:20.439 for for folks who've been watching, you know, Donald Trump 0:21:20.440 --> 0:21:24.639 in his stance uh toward Russia and his remarks about 0:21:24.680 --> 0:21:27.000 sort of where the war in Ukraine should end up, 0:21:27.760 --> 0:21:29.760 I think this sort of only adds to a set 0:21:29.800 --> 0:21:32.320 of concerns that that a Trump administration, particularly if it 0:21:32.359 --> 0:21:35.320 had Musk, and it would would potentially shift US policy 0:21:35.320 --> 0:21:39.240 towards Russia quite substantially. But in the meantime there's also 0:21:39.480 --> 0:21:43.000 raises some very interesting questions about sort of security clearances 0:21:43.000 --> 0:21:46.719 which obviously Musk and his company have for for some 0:21:46.760 --> 0:21:49.359 of the various sensitive operations that they do with the 0:21:49.440 --> 0:21:52.720 US military and very likely with the intelligence communities, so 0:21:52.800 --> 0:21:56.199 definitely sparking it would definitely spark levels of concern in 0:21:56.240 --> 0:21:57.400 a number of different areas. 0:21:57.640 --> 0:22:01.040 This is Bloomberry Daybreak, your morning pond on the stories 0:22:01.119 --> 0:22:04.160 making news from Wall Street to Washington and beyond. 0:22:04.400 --> 0:22:06.800 Look for us on your podcast feed by six am 0:22:06.840 --> 0:22:10.280 Eastern each morning, on Apple, Spotify, or anywhere else you listen. 0:22:10.480 --> 0:22:13.320 You can also listen live each morning starting at five 0:22:13.359 --> 0:22:15.960 am Wall Street time on Bloomberg eleven three to zero 0:22:16.080 --> 0:22:18.960 in New York, Bloomberg in ninety nine to one in Washington, 0:22:19.040 --> 0:22:22.960 Bloomberg ninety two nine in Boston and nationwide on serious 0:22:23.200 --> 0:22:24.760 XM Channel one twenty one. 0:22:25.119 --> 0:22:27.879 Plus listen coast to coast on the Bloomberg Business App 0:22:27.920 --> 0:22:30.720 now with Apple CarPlay and Android Atuto interfaces. 0:22:30.960 --> 0:22:33.960 And don't forget to subscribe to Bloomberg News Now. 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