Latest / Bloomberg Intelligence / Bloomberg's Niquette Previews the Presidential Debate (Audio)
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- 0:04Speaker 1: Broadcasting live to New York, Bloomberg Washington, d C, bloom
- 0:10Speaker 1: to Boston, Bloomberg Well unders to San Francisco, Bloomberg to
- 0:15Speaker 1: the Country General one, and around the globe the Bloomberg
- 0:19Speaker 1: Radio Plaza and Bloomberg dot Com. This is taking Stock
- 0:24Speaker 1: coming up on taking Stock Donald Trump, Hillary Clinton. They
- 0:29Speaker 1: are deadlocked in a Bloomberg pole just hours before their
- 0:33Speaker 1: debate at Hofstra University. We're going to take a look
- 0:37Speaker 1: at the issues and also the potential for performance damage
- 0:42Speaker 1: when it comes to the debates. Well, Dan Fuss of
- 0:45Speaker 1: Loomis Sales, who's going to be on our special show
- 0:47Speaker 1: Here to Daisy, broadcast live from Eisener Amper here in
- 0:50Speaker 1: New York City, said that there's a fear trade, a
- 0:53Speaker 1: safety bid in the bond market right now. Pian bonds
- 0:55Speaker 1: a rowling, and people are worried about the outcome of
- 0:57Speaker 1: this debate. So let's get right to it. Back see
- 1:00Speaker 1: Charlie Pellett in the Bloomberg news room with a Bloomberg
- 1:02Speaker 1: Business Flash, and I thank you very much, Kathleen Hayes,
- 1:05Speaker 1: and thank you Pim Fox. We've got the dal the
- 1:07Speaker 1: SMP Nez Stack all Trading lawer at or near session
- 1:11Speaker 1: lows right now bouncing along the bottom with the SMP
- 1:14Speaker 1: down six, a drop there of seven tenths of one percent.
- 1:19Speaker 1: A story we Are Washington Day involves Twitter and the
- 1:22Speaker 1: Walt Disney Company. People familiar with the matters say the
- 1:24Speaker 1: Walt Disney Company is working with a financial advisor to
- 1:28Speaker 1: evaluate a possible bid for Twitter. Representatives for Twitter and
- 1:32Speaker 1: Disney did not immediately respond to requests for comments. Disney
- 1:36Speaker 1: shares there down one and a half percent. Twitter shares
- 1:39Speaker 1: they are up by eight tenths of one percent. Now, Disney,
- 1:42Speaker 1: if it does decide to make a bid, would be
- 1:44Speaker 1: able to help the company further it's video streaming media strategy.
- 1:49Speaker 1: Allian's Global Investors Chief investment Officer Andreas Ottoman says the
- 1:53Speaker 1: German government will have to bail out Deutsche Bank if
- 1:56Speaker 1: it's financial situation gets bad enough. Jonathan Tye is the
- 2:00Speaker 1: senior analyst for EU Banks with Bloomberg Intelligence in London,
- 2:03Speaker 1: and he was interviewed this morning on Bloomberg Television. So
- 2:06Speaker 1: the concerns about additional tier one, of course, if you've
- 2:09Speaker 1: got fourteen billion as a starting point, by the DJ,
- 2:13Speaker 1: who knows, maybe he gets similar to the Weppen in
- 2:15Speaker 1: the US and it comes down to six, seven or eight.
- 2:18Speaker 1: But you've got a bank that consensus says we'll only
- 2:20Speaker 1: make a billion this year down from it it's expected
- 2:22Speaker 1: three billion of the start of this year. Who knows
- 2:25Speaker 1: it may be lost making again this. He wouldn't be surprising.
- 2:28Speaker 1: Capital's going the wrong way. Um, it's very difficult to
- 2:31Speaker 1: see where this stopped. And we do have shares of
- 2:34Speaker 1: Deutsche Bank trading Laura now by seven point two percent.
- 2:38Speaker 1: It is to thirty two on Wall Street. Now, let's
- 2:40Speaker 1: take a look at other news from around the world
- 2:42Speaker 1: on Bloomberg Radio. Thank you, Charlie from the Bloomberg News Room.
- 2:46Speaker 1: I'm Rami in Asensio. This news update is brought to
- 2:49Speaker 1: you by Audie. Don't let someone else drive off any
- 2:51Speaker 1: Audi model you've always wanted. Visit to try state Audi
- 2:55Speaker 1: dealer to get behind the wheel of yours. Today, on
- 2:58Speaker 1: the day before their big debate, both presidential nominees privately
- 3:01Speaker 1: met with Israeli Prime Minister Benjamin and Yahoo in New
- 3:04Speaker 1: York City. Bloomberg's Michael Barr has more from New York.
- 3:07Speaker 1: Democratic presidential nominee Hillary Clinton says a strong and secure
- 3:12Speaker 1: Israel is vital to the United States. After the meeting,
- 3:15Speaker 1: Clinton's campaign said that she reaffirmed her own waivering commitment
- 3:19Speaker 1: to US Israel relations, including her support for the new
- 3:23Speaker 1: military aid agreement reached earlier this month. Donald Trump met
- 3:27Speaker 1: with the net in Yahoo for more than an hour
- 3:29Speaker 1: at the Trump Tower, According to Israeli and campaign officials.
- 3:33Speaker 1: Trump's campaign says the Republican presidential candidate discussed at length
- 3:38Speaker 1: Israel's successful experience with a security fence that helped secure
- 3:42Speaker 1: its borders. Michael Barr, Bloomberg Radio. More than eight hundred
- 3:46Speaker 1: Hofstra University students will get a unique educational experience tonight.
- 3:51Speaker 1: They'll work as volunteers as a school place host to
- 3:54Speaker 1: this year's first presidential debate, and you can join us
- 3:57Speaker 1: tonight for live carverage and analysis of the pre preidential
- 4:00Speaker 1: debate beginning at seven pm Wall Street time on Bloomberg
- 4:03Speaker 1: Radio and eight thirty pm on Bloomberg Television. And A
- 4:07Speaker 1: disgruntled lawyer who had numerous weapons randomly shot at drivers
- 4:11Speaker 1: in the Houston neighborhood this morning, hitting six people, won
- 4:14Speaker 1: critically before he was shot and killed by police. Another
- 4:17Speaker 1: three people had injuries from glass or debris. Global news
- 4:21Speaker 1: twenty four hours a day, powered by more than journalists
- 4:24Speaker 1: and analysts in more than one twenty countries. I'm Ramie
- 4:27Speaker 1: in Essensio. This is Bloomberg, Charlie, and we thank you
- 4:31Speaker 1: and again recapping equities lawer the SMP five hundred index
- 4:34Speaker 1: down sixteen, a drop of seven tenths of one percent.
- 4:37Speaker 1: Gold little Change down thirty thirty cents. The ounce now
- 4:41Speaker 1: to thirteen thirty seven. I'm Charlie Pellett. That's a Bloomberg
- 4:44Speaker 1: business flash. You're listening to taking Stock with pim Box
- 4:50Speaker 1: and Japolene Hayes on Bloomberg Radio six hours, twenty five minutes,
- 4:56Speaker 1: twenty seconds. Donald and Trump, Hillary Clinton, the debate, and
- 5:02Speaker 1: now that debate before the debate. Here to tell us
- 5:04Speaker 1: more is Mark Niquette. He is our Politics and national
- 5:08Speaker 1: Government reporter for Bloomberg News, and he joins us. Now, Mark,
- 5:12Speaker 1: this is an industry in and of itself. It is
- 5:15Speaker 1: not just the actual event, but it's the event around
- 5:19Speaker 1: the event. I heard that, for example, Chris Matthews, he
- 5:23Speaker 1: was broadcasting from the event site at Hofstra University last
- 5:28Speaker 1: night to get people excited and interested. Right then, we
- 5:32Speaker 1: also have the expectations game being played, where both sides
- 5:36Speaker 1: try to give themselves an advantage by either lowering or
- 5:39Speaker 1: raising the bar, or whatever the case may be. You know,
- 5:42Speaker 1: the thought is that Hillary Clinton comes into the debate
- 5:45Speaker 1: with UH an advantage, or at least polls, including one
- 5:48Speaker 1: Bloomberg Politics as out today suggest people think she's going
- 5:52Speaker 1: to win a debate, and she's trying to put the
- 5:55Speaker 1: audience and fact checkers on note that anything that Donald
- 5:58Speaker 1: Trump says that might not be true should be called
- 6:01Speaker 1: out immediately. Well, you know, Mark, it's interesting than anybody
- 6:04Speaker 1: think you had to do anything extra drum up interest
- 6:07Speaker 1: in this presidential debate to I would guess that this
- 6:10Speaker 1: is probably gonna be the most watched ever. Donald Trump
- 6:14Speaker 1: inspires great enthusiasm from his supporters and great antipathy from
- 6:19Speaker 1: those who the last thing they want to see is
- 6:21Speaker 1: him in the White House. And then of course he's
- 6:24Speaker 1: had many instances where he said things that were inflammatory,
- 6:27Speaker 1: where some people thought he put his foot in his mouth,
- 6:29Speaker 1: and I think a lot of people it's like they're
- 6:31Speaker 1: like they're going to the surface almost waiting to see
- 6:34Speaker 1: just what happens. Is Donald Trump hold it together or
- 6:36Speaker 1: does he explode exactly. Have heard other analogies like car
- 6:41Speaker 1: wreck or rubber nicking, and you see things like that.
- 6:43Speaker 1: But I think, you know, there is intense interest and
- 6:45Speaker 1: a lot of it does have to do with with
- 6:47Speaker 1: Trump and sort of the unpredictability factor, but also because
- 6:51Speaker 1: of the nature of this race. I mean, it's a
- 6:53Speaker 1: it's a close race. Um, it's the poles are shown,
- 6:56Speaker 1: it's tightened in the in the recent weeks, which just
- 6:58Speaker 1: drives up the interest and importance I think, but also
- 7:02Speaker 1: people just wanting to see, you know, some cues from
- 7:05Speaker 1: these candidates. You know, the polls show they're both very disliked.
- 7:10Speaker 1: I think voters, you know, maybe if they're not in
- 7:12Speaker 1: favor of one candidate for sure and not sure about
- 7:15Speaker 1: the other, we'll be looking to see, you know, whether
- 7:17Speaker 1: they get cues that can get them comfortable with the candidate.
- 7:20Speaker 1: You know, a lot of people are looking to Donald
- 7:21Speaker 1: Trump to see if he can show kind of the
- 7:23Speaker 1: substance or temperament that folks might be questioning the lax.
- 7:28Speaker 1: Folks might be looking at Hillary Clinton to see issue
- 7:30Speaker 1: has sort of a relatability factor or trustworthiness that polls
- 7:34Speaker 1: show that some people don't mark we've got what about
- 7:37Speaker 1: forty forty two days and counting until the election, at
- 7:42Speaker 1: least the election day, because a lot of people have
- 7:45Speaker 1: may be sending in their ballots early. Um, any idea
- 7:48Speaker 1: of the electoral college split, I mean, I I see
- 7:51Speaker 1: things that where you've got Clinton blue states two electoral
- 7:56Speaker 1: votes with Donald Trump read states one sixty three and
- 7:58Speaker 1: one seventy five for grabs. Well, and then you'll see
- 8:02Speaker 1: different projections depending on who's making and who's putting what
- 8:05Speaker 1: states into what column. Um, But I think it's fair
- 8:08Speaker 1: to say that this debate tonight could help change those maps. Um.
- 8:12Speaker 1: You know, there's a sense that you know, the support
- 8:14Speaker 1: that poles show for both candidates of their softs that
- 8:17Speaker 1: you know, a big moment in a debate, but tonight
- 8:20Speaker 1: can can help change some minds. And clearly there is
- 8:23Speaker 1: a segment of the population, you know, between three and
- 8:26Speaker 1: ten percents of the polls suggests that are undecided that
- 8:29Speaker 1: really don't know who to vote for. Either they can't
- 8:31Speaker 1: decide in from the two, or they dislike two of
- 8:33Speaker 1: them and uh, you know, haven't figured out which one
- 8:36Speaker 1: they disliked the least. So you know, this is a
- 8:38Speaker 1: lot of anticipation that tonight's debate could help change that
- 8:41Speaker 1: electoral math, or at least change in there as we
- 8:43Speaker 1: had a final points days in the campaign. So Mark,
- 8:47Speaker 1: what has the Bloomberg Politics and Government team have been
- 8:51Speaker 1: able to discern from the two campaigns? I remember after
- 8:55Speaker 1: um the during the the conventions in uh the Democrats
- 9:02Speaker 1: had the Muslim American family whose son, their son from
- 9:05Speaker 1: the military had been killed that I read this piece.
- 9:08Speaker 1: Maybe he was online about how cleverly the Clinton camp
- 9:12Speaker 1: had played Donald Trump to provoke him and get him
- 9:15Speaker 1: to lose his cool, almost like she was a matador,
- 9:19Speaker 1: you know, effectively manipulating the bull. Have you heard anything
- 9:22Speaker 1: about the Clinton camp trying to do something like that tonight?
- 9:25Speaker 1: Not directly from the Clinton camp, the cards pretty close
- 9:28Speaker 1: to the best, but there is widespread circulation that that
- 9:30Speaker 1: will be a tactic or a strategy. Um one of
- 9:33Speaker 1: the goals I think that the Clinton campaign will want
- 9:36Speaker 1: to have for this debate is to deal show that
- 9:39Speaker 1: Donald Trump, you know, somehow lacks the temperament or you know,
- 9:43Speaker 1: the qualifications to be president commander in chief. This is
- 9:46Speaker 1: a case that Segretary Clint has been trying to make
- 9:48Speaker 1: on the campaign trail and then her commercial advertising. So
- 9:51Speaker 1: there is some thought that, you know, she will try
- 9:53Speaker 1: to provoke him, get under his skin, you know, find
- 9:56Speaker 1: some way to get him to react, and would just
- 9:58Speaker 1: reinforce that there that she tries to evolved. There is
- 10:02Speaker 1: there any word about some maybe out of out of thought,
- 10:07Speaker 1: uh event that could take place, people cheering, people clapping,
- 10:10Speaker 1: whether it is having a different guests appear there, I
- 10:15Speaker 1: mean Jennifer Flowers being in the news with the Donald
- 10:18Speaker 1: Trump and Mark Cuban for Hillary Clinton. Any news about
- 10:22Speaker 1: how that will play out, Well, unlikely primaries where you
- 10:26Speaker 1: had the crowd clapping and cheering or jeering, whatever the
- 10:30Speaker 1: case may be. The Debate Commission and suplicitly said there
- 10:33Speaker 1: can be no uh participation from the audience clapping, their
- 10:37Speaker 1: cheering or anything like that. Um, the audience will be
- 10:40Speaker 1: admonished more than once before the debate starts that they're
- 10:43Speaker 1: they're to observe, not to participate. Oh right, Mark de Kat,
- 10:47Speaker 1: thanks so very much. Government reporter for Bloomberg News previewing
- 10:51Speaker 1: the presidential debates Force tonight. I'm Kathleen Hayes along with
- 10:56Speaker 1: Pim Fox, and this is Bloomberg Bloomberg. Taking stock is
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