1 00:00:02,520 --> 00:00:09,399 Speaker 1: Bloomberg Audio Studios, Podcasts, Radio News. 2 00:00:10,080 --> 00:00:10,639 Speaker 2: Good morning. 3 00:00:10,680 --> 00:00:13,600 Speaker 3: I'm Nathan Hager and I'm Alexis Christophers. Here are the 4 00:00:13,640 --> 00:00:14,960 Speaker 3: stories we're following today. 5 00:00:15,680 --> 00:00:18,400 Speaker 2: Alexis, we are seeing a relief rally in markets on 6 00:00:18,480 --> 00:00:21,320 Speaker 2: the prospect of the US ending the war with Iran soon. 7 00:00:21,760 --> 00:00:24,079 Speaker 2: President Trump says he could see the conflict ending in 8 00:00:24,079 --> 00:00:26,560 Speaker 2: two to three weeks as it enters its second month. 9 00:00:27,400 --> 00:00:28,160 Speaker 1: I had one. 10 00:00:28,000 --> 00:00:31,319 Speaker 2: Goal, they will have no nuclear weapon, and that goal 11 00:00:31,360 --> 00:00:32,400 Speaker 2: has been attained. 12 00:00:32,440 --> 00:00:34,400 Speaker 4: They will not have nuclear weapons. 13 00:00:35,120 --> 00:00:39,160 Speaker 5: But we're finishing the job, and I think within maybe 14 00:00:39,159 --> 00:00:41,599 Speaker 5: two weeks, maybe a couple of days longer to. 15 00:00:41,600 --> 00:00:42,240 Speaker 1: Do the job. 16 00:00:42,440 --> 00:00:45,120 Speaker 2: And remarks from the Oval Office heard live on Bloomberg Radio, 17 00:00:45,159 --> 00:00:48,040 Speaker 2: President Trump said it's still possible Iron reaches a deal 18 00:00:48,159 --> 00:00:51,240 Speaker 2: in that timeframe. Secretary of State Marco Rubio says the 19 00:00:51,320 --> 00:00:54,680 Speaker 2: US has had four objectives to destroy a run's offensive missiles, 20 00:00:54,720 --> 00:00:58,200 Speaker 2: destrot's missile production, destroy it's navy, and assure it never 21 00:00:58,280 --> 00:01:00,639 Speaker 2: has a nuclear weapon on or. 22 00:01:00,560 --> 00:01:02,960 Speaker 6: A head of schedule on each of those four objectives, 23 00:01:03,040 --> 00:01:05,119 Speaker 6: and we can see the finish line. It's not today, 24 00:01:05,160 --> 00:01:07,640 Speaker 6: it's not tomorrow, but it is coming. We are going 25 00:01:07,680 --> 00:01:09,880 Speaker 6: to get to the point where our military will have 26 00:01:09,920 --> 00:01:13,000 Speaker 6: achieved all of its objectives in this mission, and they're 27 00:01:13,000 --> 00:01:14,959 Speaker 6: doing so with extraordinary efficiency. 28 00:01:15,080 --> 00:01:18,240 Speaker 2: Secretary of State Rubio made those comments on Fox News. 29 00:01:18,400 --> 00:01:21,360 Speaker 3: But there's one goal that the Trump administration is leaving unsaid. 30 00:01:21,440 --> 00:01:24,480 Speaker 3: As we hear from Bloomberg Middle East correspondent Jumana Bersecci 31 00:01:24,520 --> 00:01:25,760 Speaker 3: in Dubai. 32 00:01:25,400 --> 00:01:29,720 Speaker 7: There was no real objective link to the reopening of 33 00:01:29,760 --> 00:01:32,080 Speaker 7: the streets, and in fact, when he was asked about it, 34 00:01:32,319 --> 00:01:34,200 Speaker 7: he said that they can leave it up to other 35 00:01:34,280 --> 00:01:37,200 Speaker 7: people and pointed to other countries such as the likes 36 00:01:37,240 --> 00:01:41,000 Speaker 7: of China who obviously benefit from the lion's share of 37 00:01:41,040 --> 00:01:43,640 Speaker 7: the energy products that pass through the streets, and that 38 00:01:43,680 --> 00:01:46,080 Speaker 7: it would sort of be something that can be dealt 39 00:01:46,080 --> 00:01:49,160 Speaker 7: with at a later stage, so not an explicit objective 40 00:01:49,200 --> 00:01:50,320 Speaker 7: per se anymore. 41 00:01:50,440 --> 00:01:54,440 Speaker 3: Bloomberg's Jumana Barsecci reports President Trump has expressed frustration with 42 00:01:54,600 --> 00:01:57,760 Speaker 3: US allies for not helping reopen the street. This morning, 43 00:01:57,800 --> 00:02:00,840 Speaker 3: the President told the UK's Telegraph newspaper, but he's strongly 44 00:02:00,880 --> 00:02:04,040 Speaker 3: considering pulling the US out of NATO after it failed 45 00:02:04,080 --> 00:02:07,720 Speaker 3: to join the war, telling the paper it's quote beyond consideration. 46 00:02:08,200 --> 00:02:11,280 Speaker 3: In the meantime, Iran continues to launch attax including at 47 00:02:11,320 --> 00:02:14,440 Speaker 3: an oil tanker, off cutter and cruise missiles targeting the 48 00:02:14,560 --> 00:02:17,960 Speaker 3: United Arab Emirates and a third US carrier group, the 49 00:02:18,120 --> 00:02:21,080 Speaker 3: USS George W. Bush, is on its way to the 50 00:02:21,080 --> 00:02:23,680 Speaker 3: Middle East. The White House as President Trump will deliver 51 00:02:23,760 --> 00:02:26,400 Speaker 3: a primetime address on the war tonight. That's set for 52 00:02:26,520 --> 00:02:29,280 Speaker 3: nine pm Wall Street Time. You could hear it live 53 00:02:29,360 --> 00:02:32,440 Speaker 3: here on Bloomberg Radio or watch on Bloomberg Television and 54 00:02:32,480 --> 00:02:33,919 Speaker 3: the Bloomberg Business app well. 55 00:02:33,919 --> 00:02:36,880 Speaker 2: Alexis oil is falling on the latest war developments, even 56 00:02:36,919 --> 00:02:40,040 Speaker 2: as the strait of hormones remains largely crolosed. Right now, 57 00:02:40,080 --> 00:02:42,320 Speaker 2: Brent is down one point four percent, trading at one 58 00:02:42,360 --> 00:02:44,680 Speaker 2: oh two forty nine a barrel. West Texas Intermediate's at 59 00:02:44,720 --> 00:02:48,639 Speaker 2: ninety nine thirty four. Steven Stepchinski leads Bloomberg's team covering 60 00:02:48,760 --> 00:02:49,760 Speaker 2: energy in Asia. 61 00:02:50,200 --> 00:02:53,079 Speaker 8: There is a new risk premium for oil going through 62 00:02:53,120 --> 00:02:55,480 Speaker 8: the Middle East and gas going through the Middle East. 63 00:02:55,560 --> 00:02:58,200 Speaker 8: That's going to have to be sort of figured out 64 00:02:58,840 --> 00:03:02,560 Speaker 8: going forward, because even if everything were to end, if 65 00:03:02,600 --> 00:03:04,200 Speaker 8: the straight uport moves were to open, if all the 66 00:03:04,240 --> 00:03:07,280 Speaker 8: infrastructure were to be repaired, there's still going to be 67 00:03:07,360 --> 00:03:10,280 Speaker 8: fears in the back of the minds of traders, buyers, 68 00:03:10,320 --> 00:03:14,760 Speaker 8: even sellers as to how safe everything is going forward, 69 00:03:15,000 --> 00:03:17,040 Speaker 8: What are the chances that something could flare up again, 70 00:03:17,240 --> 00:03:21,320 Speaker 8: What are the chances of insurance rates increasing as well? 71 00:03:22,080 --> 00:03:25,040 Speaker 2: Bloomberg Steven Stepchinsky says, while Brenton dipped under one hundred 72 00:03:25,080 --> 00:03:27,600 Speaker 2: dollars a barrel, it is still about thirty seven percent 73 00:03:27,680 --> 00:03:29,200 Speaker 2: higher than before the war began. 74 00:03:29,720 --> 00:03:32,519 Speaker 3: And Nathan, we are seeing stocks rally around the world 75 00:03:32,560 --> 00:03:35,920 Speaker 3: this morning on optimism the war will end. Stocks in 76 00:03:36,000 --> 00:03:39,840 Speaker 3: Japan soared more than five percent, the eurostocks fifty is 77 00:03:39,920 --> 00:03:42,600 Speaker 3: up more than two percent. And this follows yesterday is 78 00:03:42,640 --> 00:03:44,520 Speaker 3: Wall Street rally, which saw the S and P five 79 00:03:44,600 --> 00:03:47,920 Speaker 3: hundred climb two point nine percent the Nasdaq surge three 80 00:03:47,960 --> 00:03:51,080 Speaker 3: point eight percent. Laurence and Filippo is a senior investment 81 00:03:51,120 --> 00:03:52,760 Speaker 3: strategist at Bank of America. 82 00:03:53,200 --> 00:03:54,880 Speaker 9: I think this is a little bit of a relief 83 00:03:55,000 --> 00:03:57,920 Speaker 9: rally here. Now it's headlined to head yeah, if this 84 00:03:58,040 --> 00:04:00,320 Speaker 9: is really all clear, but I think this at least 85 00:04:00,320 --> 00:04:02,440 Speaker 9: gives us a sense of how the markets would react 86 00:04:02,440 --> 00:04:04,480 Speaker 9: when we really do find the end to this. 87 00:04:04,840 --> 00:04:08,400 Speaker 3: Bank of America senior investment strategist Laurence san Felippo. Despite 88 00:04:08,480 --> 00:04:11,040 Speaker 3: yesterday's rally, the S and P five hundred still fell 89 00:04:11,080 --> 00:04:13,160 Speaker 3: four point six percent in the first quarter, while the 90 00:04:13,240 --> 00:04:16,599 Speaker 3: nasjack dropped more than seven percent. Right now, we've got 91 00:04:16,640 --> 00:04:18,839 Speaker 3: S and P futures up, Nathan about four tenths of 92 00:04:18,880 --> 00:04:19,960 Speaker 3: one percent back. 93 00:04:20,000 --> 00:04:22,320 Speaker 2: In Washington, Alexis, the Supreme Court is set to hear 94 00:04:22,440 --> 00:04:25,480 Speaker 2: arguments this morning over the legality of President Trump's executive 95 00:04:25,560 --> 00:04:28,560 Speaker 2: order that ends automatic citizenship for children born to parents 96 00:04:28,600 --> 00:04:31,600 Speaker 2: who are in the US on a temporary visa or illegally. 97 00:04:31,839 --> 00:04:34,320 Speaker 2: Bloomberg Zamy Morris reports from the nation's capital. 98 00:04:34,839 --> 00:04:38,200 Speaker 10: President Trump's executive order stipulates the government will no longer 99 00:04:38,240 --> 00:04:42,520 Speaker 10: recognize birthright citizenship for children born to undocumented immigrants. The 100 00:04:42,600 --> 00:04:45,279 Speaker 10: move up ends more than a century of legal precedent. 101 00:04:45,720 --> 00:04:49,680 Speaker 10: The case Trump versus Barbara tests a long settled interpretation 102 00:04:49,839 --> 00:04:53,800 Speaker 10: of the Constitution that has governed citizenship for generations. The 103 00:04:53,839 --> 00:04:57,920 Speaker 10: ACLU arguing that the executive order violates the Fourteenth Amendment, 104 00:04:58,200 --> 00:05:03,080 Speaker 10: the Trump administration arguing that jurisdiction refers to political allegiance. 105 00:05:03,360 --> 00:05:05,960 Speaker 10: A final decision by the Supreme Court is expected in 106 00:05:06,040 --> 00:05:10,039 Speaker 10: late June or early July in Washington, Amy Morris, Bloomberg Radio. 107 00:05:10,240 --> 00:05:13,400 Speaker 3: Thanks Amy. President Trump says he will attend those Supreme 108 00:05:13,440 --> 00:05:16,600 Speaker 3: Court hearings this morning. In another development, the President has 109 00:05:16,640 --> 00:05:19,120 Speaker 3: signed an executive order intended to make it harder for 110 00:05:19,240 --> 00:05:22,040 Speaker 3: voters to cast mail in ballots. That's a practice used 111 00:05:22,040 --> 00:05:25,560 Speaker 3: by millions of Americans. The order requires a Homeland Security 112 00:05:25,600 --> 00:05:28,960 Speaker 3: Secretary to prepare a list of US citizens eligible to 113 00:05:29,040 --> 00:05:31,880 Speaker 3: vote in each state, and the Postal Service to only 114 00:05:31,920 --> 00:05:35,080 Speaker 3: send absentee ballots to voters on the approved list. 115 00:05:35,520 --> 00:05:38,560 Speaker 4: The cheating on mail in voting is legendary. 116 00:05:38,640 --> 00:05:43,359 Speaker 2: It's horrible what's gone on, and it's very clearly covered, 117 00:05:44,040 --> 00:05:44,840 Speaker 2: very very clearly. 118 00:05:44,920 --> 00:05:48,480 Speaker 4: So I think this will help a lot with elections. 119 00:05:48,520 --> 00:05:51,440 Speaker 4: We'd like to have voter ID, we'd like to have proof. 120 00:05:51,160 --> 00:05:54,320 Speaker 5: Of citizenship, and that'll be another subject for another time. 121 00:05:54,440 --> 00:05:57,080 Speaker 3: The move is likely to draw legal challenges, with legal 122 00:05:57,120 --> 00:06:00,560 Speaker 3: experts saying President Trump has virtually no authority to outlaw 123 00:06:00,640 --> 00:06:03,520 Speaker 3: voting by mail himself without a change in law. 124 00:06:03,600 --> 00:06:05,120 Speaker 2: Well, here's a move we haven't seen in more than 125 00:06:05,160 --> 00:06:08,920 Speaker 2: a half century. Alexis NASA is preparing to send astronauts 126 00:06:08,960 --> 00:06:12,360 Speaker 2: on a journey around the Moon. The Artemis two mission 127 00:06:12,640 --> 00:06:15,520 Speaker 2: will send four astronauts on a trip to the Moon 128 00:06:15,560 --> 00:06:18,320 Speaker 2: and back. If successful, it'll help clear the way for 129 00:06:18,640 --> 00:06:22,120 Speaker 2: astronauts to walk on the Moon again maybe two years time. 130 00:06:22,480 --> 00:06:25,480 Speaker 2: Bloomberg's Ed Ludlaw is in Florida for the launch. 131 00:06:25,920 --> 00:06:28,840 Speaker 11: This is the great next step in America's ambition to 132 00:06:29,400 --> 00:06:32,720 Speaker 11: have humans back on the Moon. In this mission, Optomist too, 133 00:06:33,240 --> 00:06:36,039 Speaker 11: they're basically doing a fly by or a fly around 134 00:06:36,080 --> 00:06:40,039 Speaker 11: the Moon, so they travel deep into space two hundred 135 00:06:40,080 --> 00:06:43,400 Speaker 11: and eighty five thousand miles, go around the Moon and 136 00:06:43,440 --> 00:06:46,080 Speaker 11: come back. But it's you know, it's the great dress 137 00:06:46,120 --> 00:06:52,720 Speaker 11: rehearsal for the technology essentially that's planned to get humankind 138 00:06:53,080 --> 00:06:56,760 Speaker 11: and driven by NASA America back to the Moon maybe 139 00:06:56,880 --> 00:06:57,760 Speaker 11: twenty twenty eight. 140 00:06:57,800 --> 00:07:01,080 Speaker 2: Bloomberg S Ed Ludlow notes, the launch window opens tonight 141 00:07:01,120 --> 00:07:04,400 Speaker 2: at six twenty four Wall Street time. We will have 142 00:07:04,560 --> 00:07:08,080 Speaker 2: live coverage of liftoff right here on Bloomberg Radio. 143 00:07:08,160 --> 00:07:10,920 Speaker 3: All right, very exciting. Now back here on Earth, specifically 144 00:07:11,040 --> 00:07:13,800 Speaker 3: Wall Street shares of Nike. They are plunging this morning, 145 00:07:13,800 --> 00:07:17,080 Speaker 3: more than nine percent. The retailer gave a surprisingly gloomy 146 00:07:17,120 --> 00:07:20,400 Speaker 3: outlook for the year ahead. Nike's facing headwinds around the globe, 147 00:07:20,440 --> 00:07:23,320 Speaker 3: including elevated inventories in Europe and the Middle East and 148 00:07:23,440 --> 00:07:24,880 Speaker 3: traffic disruption from the war. 149 00:07:25,080 --> 00:07:28,960 Speaker 2: Well, open AI's valuation keeps going up like a rocket Alexis. 150 00:07:28,960 --> 00:07:31,080 Speaker 2: It now stands at eight hundred and fifty two billion 151 00:07:31,200 --> 00:07:34,360 Speaker 2: dollars after the chat GPT maker completed a deal to 152 00:07:34,440 --> 00:07:37,520 Speaker 2: raise one hundred and twenty two billion from investors. The 153 00:07:37,520 --> 00:07:42,000 Speaker 2: bulk of the financing came from three big tech companies, Amazon, Nvidia, 154 00:07:42,160 --> 00:07:42,960 Speaker 2: and SoftBank. 155 00:07:43,520 --> 00:07:47,800 Speaker 3: And Anthropic inadvertently released source code for its popular claud 156 00:07:47,920 --> 00:07:51,000 Speaker 3: Ai agent. The leak of basic source code, the second 157 00:07:51,040 --> 00:07:53,680 Speaker 3: slip up in just a week, triggered a discussion in 158 00:07:53,720 --> 00:07:57,000 Speaker 3: the community around new revelations of how Anthropic's popular coding 159 00:07:57,040 --> 00:08:00,760 Speaker 3: agent works. Several experts are also raising concern about potential 160 00:08:00,800 --> 00:08:04,600 Speaker 3: security vulnerabilities and light of the unintended exposure. 161 00:08:04,240 --> 00:08:06,960 Speaker 2: And a programming not Alexis. Markets may close on Fridays, 162 00:08:06,960 --> 00:08:09,560 Speaker 2: but the world does not. And that's why we're bringing 163 00:08:09,600 --> 00:08:12,040 Speaker 2: you a live radio and TV show. It's brand new, 164 00:08:12,080 --> 00:08:15,240 Speaker 2: and it's called Bloomberg. This weekend looks beyond the daily 165 00:08:15,240 --> 00:08:18,560 Speaker 2: headlines to focus on the bigger themes driving politics, business 166 00:08:18,560 --> 00:08:22,120 Speaker 2: and culture. So join David Gura, Christina Raffini, and Lisa 167 00:08:22,160 --> 00:08:25,240 Speaker 2: Matteo for smart conversations and in depth interviews that help 168 00:08:25,320 --> 00:08:28,120 Speaker 2: make sense of the week that's been and what comes next. 169 00:08:28,160 --> 00:08:31,640 Speaker 2: Get Bloomberg This Weekend Live Saturdays and Sundays from seven 170 00:08:31,680 --> 00:08:36,480 Speaker 2: am Eastern on Bloomberg Radio TV and the Bloomberg Business app. 171 00:08:38,480 --> 00:08:40,280 Speaker 3: Five ten on Wall Street Time Now for a look 172 00:08:40,280 --> 00:08:41,960 Speaker 3: at some of the other stories making news in New 173 00:08:42,040 --> 00:08:44,320 Speaker 3: York and around the world. For that, we're joined by Bloomberg' 174 00:08:44,360 --> 00:08:46,160 Speaker 3: John Tucker. Good Morning, John, Good Morning. 175 00:08:46,200 --> 00:08:48,959 Speaker 12: A linsis the federal judge who's ordered the Trump administration 176 00:08:49,080 --> 00:08:52,400 Speaker 12: to suspend construction of the four hundred million dollar East 177 00:08:52,400 --> 00:08:55,680 Speaker 12: Wing Ballroom. Let's get the tales this morning from Bloomberg's 178 00:08:55,679 --> 00:08:56,360 Speaker 12: Monica Rix. 179 00:08:56,960 --> 00:09:00,640 Speaker 13: US District Judge Richard Leon in Washington granted a reservationist 180 00:09:00,720 --> 00:09:04,000 Speaker 13: group's requests for a preliminary injunction to halt the project. 181 00:09:04,360 --> 00:09:07,480 Speaker 13: He concluded that the National Trust for Historic Preservation is 182 00:09:07,679 --> 00:09:10,200 Speaker 13: likely to succeed on the merits of its claims because 183 00:09:10,200 --> 00:09:13,040 Speaker 13: no statue comes close to giving the President the authority 184 00:09:13,040 --> 00:09:16,320 Speaker 13: he claims to have. The Republican nominated judge said in 185 00:09:16,400 --> 00:09:18,920 Speaker 13: his order, the President of the United States is the 186 00:09:18,960 --> 00:09:22,120 Speaker 13: steward of the White House, not the owner. Crews have 187 00:09:22,160 --> 00:09:25,440 Speaker 13: long since torn down the East Wing, radically transforming the 188 00:09:25,480 --> 00:09:29,679 Speaker 13: look and feel of the historic grounds. Monica Ricks Bloomberg Radio. 189 00:09:29,920 --> 00:09:33,320 Speaker 12: In another case a win for public broadcasting, a federal 190 00:09:33,320 --> 00:09:37,640 Speaker 12: court ruled President Trump's anti media funding executive order is unlawful, 191 00:09:38,000 --> 00:09:41,400 Speaker 12: the court granting a permanent injunction for the government implementing 192 00:09:41,480 --> 00:09:45,280 Speaker 12: or enforcing the executive orders instructions to cease funding for 193 00:09:45,440 --> 00:09:49,760 Speaker 12: National Public Radio and PBS. Judge Randolph Moss wrote the 194 00:09:49,800 --> 00:09:53,520 Speaker 12: president can't use governmental power to direct federal agencies to 195 00:09:53,640 --> 00:09:56,960 Speaker 12: bar grants in retaliation if the saying things he does 196 00:09:57,120 --> 00:10:00,480 Speaker 12: not like. The First Amendment, he said, doesn't tolerate viewpoint 197 00:10:00,480 --> 00:10:05,520 Speaker 12: discrimination and retaliation. Governors of six New England states backing 198 00:10:05,600 --> 00:10:12,240 Speaker 12: their regional commitment to explore advanced nuclear technologies. Governors of Massachusetts, Connecticut, Maine, 199 00:10:12,280 --> 00:10:14,679 Speaker 12: Rhode Island, New Hampshire, and Vermont have signed into a 200 00:10:14,720 --> 00:10:19,040 Speaker 12: statement to explore steps to deploy advanced nuclear generation. Connecticut 201 00:10:19,120 --> 00:10:22,880 Speaker 12: Governor Ned Lahmann site data showing electricity consumption in New England, 202 00:10:23,040 --> 00:10:26,160 Speaker 12: who's expected to increase more than forty percent in the 203 00:10:26,200 --> 00:10:29,640 Speaker 12: next twenty years, and the Department of Agriculture will lead 204 00:10:29,679 --> 00:10:32,800 Speaker 12: dozens of American farm companies to the Philippines. It's a 205 00:10:32,840 --> 00:10:36,320 Speaker 12: trade mission this month aiming to expand access to the 206 00:10:36,360 --> 00:10:40,160 Speaker 12: Southeast Asian nation. The US is seeking to expand agricultural 207 00:10:40,200 --> 00:10:44,280 Speaker 12: trade ties with the Philippines, a key defense ally in Asia. 208 00:10:44,400 --> 00:10:46,480 Speaker 12: Global News twenty four hours a day and whenever you 209 00:10:46,480 --> 00:10:49,440 Speaker 12: wanted with Bloomberg News. Now, I'm John Tucker. This is 210 00:10:49,480 --> 00:10:51,040 Speaker 12: Bloomberg Alexis all. 211 00:10:51,200 --> 00:10:53,960 Speaker 3: Thanks John. Time now for our Bloomberg Sports update, and 212 00:10:54,000 --> 00:10:55,680 Speaker 3: for that we bring in John stash Hour. 213 00:10:55,840 --> 00:10:57,800 Speaker 5: We've learned of four names that are going to the 214 00:10:57,840 --> 00:11:01,120 Speaker 5: Basketball Hall of Fame, longtime NBA coach Doc Rivers, ex 215 00:11:01,240 --> 00:11:05,120 Speaker 5: Nick and Phoenix Son, Amari Stodemeyer and Candice Parter and 216 00:11:05,160 --> 00:11:08,800 Speaker 5: Elena Deladon, who starred in the WNBA. Tiger Woods put 217 00:11:08,800 --> 00:11:11,200 Speaker 5: out a statement saying he's stepping away from golf to 218 00:11:11,240 --> 00:11:14,080 Speaker 5: seek treatment and focus on his health. It comes four 219 00:11:14,160 --> 00:11:16,840 Speaker 5: days after his latest car accident. Tiger hasn't been in 220 00:11:16,880 --> 00:11:19,200 Speaker 5: a PG event almost two years, but he had not 221 00:11:19,320 --> 00:11:22,959 Speaker 5: ruled out playing the upcoming Masters. That's your Bloomberg Sports Update. 222 00:11:24,400 --> 00:11:27,880 Speaker 2: Stay with us. More from Bloomberg Daybreak coming up after. 223 00:11:27,600 --> 00:11:35,880 Speaker 1: This Coast to coast on Bloomberg Radio, nationwide on Serious 224 00:11:35,960 --> 00:11:39,320 Speaker 1: Exam and around the world on Bloomberg dot Com and 225 00:11:39,360 --> 00:11:42,559 Speaker 1: the Bloomberg Business Oppum. This is Bloomberg Daybreak. 226 00:11:42,720 --> 00:11:45,880 Speaker 2: Good morning on Nathan Hager. Two weeks, maybe three. That's 227 00:11:45,920 --> 00:11:48,080 Speaker 2: the new timeline that President Trump has set out for 228 00:11:48,080 --> 00:11:50,720 Speaker 2: the US to end it's war with Iran after nearly 229 00:11:50,760 --> 00:11:53,800 Speaker 2: five weeks of conflict. More than five weeks, President says 230 00:11:53,800 --> 00:11:57,040 Speaker 2: he has largely achieved his goal of ensuring Tehran never 231 00:11:57,080 --> 00:11:58,560 Speaker 2: attains a nuclear weapon. 232 00:11:59,080 --> 00:12:02,520 Speaker 4: We've had Rashim change. We're dealing with people that are 233 00:12:02,800 --> 00:12:07,880 Speaker 4: much more rational, and it's amazing what we've done. 234 00:12:08,360 --> 00:12:11,080 Speaker 2: President Trump and Oval Office remarks heard live on Bloomberg 235 00:12:11,160 --> 00:12:13,720 Speaker 2: Radio and joining us from Dubai once again this morning 236 00:12:13,760 --> 00:12:17,000 Speaker 2: is Bloomberg Middle East correspondent Jumana Borsecci, the anchor of 237 00:12:17,000 --> 00:12:21,080 Speaker 2: Bloomberg Horizons. Jumana, good morning. We've heard the President say 238 00:12:21,120 --> 00:12:24,600 Speaker 2: that the US has largely achieved its goals. It raises 239 00:12:24,640 --> 00:12:27,800 Speaker 2: the question whether it has good morning. 240 00:12:28,720 --> 00:12:32,280 Speaker 7: Good morning, yes. So market's certainly reacting to the comments 241 00:12:32,320 --> 00:12:35,760 Speaker 7: coming through from President Trump. Last night, suggesting that there 242 00:12:35,800 --> 00:12:38,880 Speaker 7: is a timeframe after which they would start to wind 243 00:12:38,880 --> 00:12:42,160 Speaker 7: down their military operations. So he's suggesting two to three 244 00:12:42,200 --> 00:12:44,760 Speaker 7: weeks is how much longer they anticipate it's going to 245 00:12:44,800 --> 00:12:48,160 Speaker 7: take for them to fully achieve these military objectives. He 246 00:12:48,520 --> 00:12:52,079 Speaker 7: also said that the main objective, which is ensuring that 247 00:12:52,120 --> 00:12:54,920 Speaker 7: Iran doesn't go on to develop a nuclear weapon, has 248 00:12:55,000 --> 00:12:59,000 Speaker 7: largely been achieved as well. And I think you know 249 00:12:59,040 --> 00:13:01,439 Speaker 7: one other thing that really stood out from his comments 250 00:13:01,480 --> 00:13:07,320 Speaker 7: yesterday is there was no linkage whatsoever between there perhaps 251 00:13:07,320 --> 00:13:10,800 Speaker 7: anticipation that they're going to be winding down military operations 252 00:13:10,840 --> 00:13:13,560 Speaker 7: in the next few weeks versus a reopening of the 253 00:13:13,559 --> 00:13:16,440 Speaker 7: Strait of hormones, and he seemed to suggest that that 254 00:13:16,559 --> 00:13:20,000 Speaker 7: is going to be or become a broader global issue 255 00:13:20,040 --> 00:13:25,080 Speaker 7: as opposed to an issue or a term that the 256 00:13:25,200 --> 00:13:28,040 Speaker 7: US will insist on should Iran actually come to the 257 00:13:28,080 --> 00:13:31,560 Speaker 7: negotiating table. So we've sort of delinked in the last 258 00:13:31,559 --> 00:13:35,199 Speaker 7: twenty four hours the fate of the Strait from the 259 00:13:35,240 --> 00:13:38,320 Speaker 7: military operations that the US and Israel are conducting in Iran. 260 00:13:38,760 --> 00:13:41,520 Speaker 2: It speaks to fresh comments that we've heard from President 261 00:13:41,600 --> 00:13:44,240 Speaker 2: Trump in an interview just this morning with the UK's 262 00:13:44,320 --> 00:13:47,560 Speaker 2: Telegraph newspaper some of his strongest comments yet, saying that 263 00:13:47,600 --> 00:13:54,199 Speaker 2: he's strongly considering leaving NATO as well saying it's beyond consideration. 264 00:13:54,640 --> 00:13:58,200 Speaker 2: These are pretty forceful words from the President this morning. 265 00:13:59,480 --> 00:14:03,120 Speaker 7: Yep, that's right. He said he was disappointed in NATO, 266 00:14:03,280 --> 00:14:06,280 Speaker 7: that this was a test for NATO. They're going to 267 00:14:06,360 --> 00:14:10,720 Speaker 7: remember that they didn't stand that well, he will remember 268 00:14:10,800 --> 00:14:14,400 Speaker 7: that NATO didn't stand by the US. But I think 269 00:14:14,440 --> 00:14:17,640 Speaker 7: he's referring to the fact that several European nations have 270 00:14:17,920 --> 00:14:22,800 Speaker 7: said that the US will cannot be using there's some 271 00:14:22,840 --> 00:14:25,600 Speaker 7: of their air bases, the likes of Italy and Spain. 272 00:14:26,560 --> 00:14:29,240 Speaker 7: But at the same time, you know what many of 273 00:14:29,240 --> 00:14:33,320 Speaker 7: these European countries have said is they would look perhaps 274 00:14:33,400 --> 00:14:38,120 Speaker 7: to be part of a coalition to secure safe passage 275 00:14:38,120 --> 00:14:41,520 Speaker 7: in the Strait. But once the risk of vessels calms down, 276 00:14:41,560 --> 00:14:44,480 Speaker 7: and once there is sort of a de escalation in 277 00:14:44,560 --> 00:14:48,320 Speaker 7: terms of the ongoing military strikes and military attacks that 278 00:14:48,320 --> 00:14:50,920 Speaker 7: are going that are taking place in the region. So 279 00:14:51,160 --> 00:14:54,160 Speaker 7: it's not as though they've completely ruled it out. And 280 00:14:54,160 --> 00:14:57,360 Speaker 7: in fact, Mark Ruta, who enjoys a good relationship with 281 00:14:57,400 --> 00:15:01,520 Speaker 7: President Trump did suggest last week they're working on some 282 00:15:01,760 --> 00:15:08,200 Speaker 7: form of a multilateral, multinational solution or coalition vis a 283 00:15:08,280 --> 00:15:12,680 Speaker 7: vis the Strait, but asking NATAL members and asking European 284 00:15:12,720 --> 00:15:16,680 Speaker 7: allies to get involved militarily in the war is deemed 285 00:15:16,680 --> 00:15:18,480 Speaker 7: to be one step too far for them because it's 286 00:15:18,520 --> 00:15:20,600 Speaker 7: not a war that they started. 287 00:15:20,920 --> 00:15:23,960 Speaker 2: And you have to wonder whether that kind of effort 288 00:15:24,000 --> 00:15:26,680 Speaker 2: to secure the Strait could fit into the President's two 289 00:15:26,720 --> 00:15:30,800 Speaker 2: to three week window when we continue to see Iran 290 00:15:31,080 --> 00:15:34,040 Speaker 2: carrying out drone and missile attacks across the Middle East 291 00:15:34,040 --> 00:15:34,840 Speaker 2: even this morning. 292 00:15:36,240 --> 00:15:39,680 Speaker 7: Yeah, I think one of the big questions that still 293 00:15:39,680 --> 00:15:43,000 Speaker 7: remains unanswered coming out of President Trump's comments yesterday is 294 00:15:43,120 --> 00:15:48,280 Speaker 7: what this means for number one, ongoing Israel Israeli operations 295 00:15:48,320 --> 00:15:51,640 Speaker 7: as well. There has been it once again, an intensification 296 00:15:51,720 --> 00:15:54,640 Speaker 7: of attacks and counter attacks in the last forty eight hours. 297 00:15:55,480 --> 00:15:59,320 Speaker 7: And the second question is whether Iran would actually seize 298 00:15:59,360 --> 00:16:03,880 Speaker 7: those attacks on the Gulf States, So whether in this 299 00:16:04,000 --> 00:16:08,240 Speaker 7: case US protection or US security guarantees are still going 300 00:16:08,240 --> 00:16:10,440 Speaker 7: to be valid for some of those key Golf allies 301 00:16:10,480 --> 00:16:12,840 Speaker 7: in the region as well. So a lot of question 302 00:16:12,920 --> 00:16:15,000 Speaker 7: marks still. And then the other thing that I would 303 00:16:15,040 --> 00:16:19,960 Speaker 7: just remind people is there has been a significant amount 304 00:16:19,960 --> 00:16:22,320 Speaker 7: of troop deployment to the region. We spoke about this 305 00:16:22,360 --> 00:16:25,840 Speaker 7: earlier this week. The first marine expeditionary unit arrived on Friday, 306 00:16:26,560 --> 00:16:30,120 Speaker 7: Bloomberg reporting overnight that another aircraft carrier is also making 307 00:16:30,120 --> 00:16:32,320 Speaker 7: its way from California to the region as well. They're 308 00:16:32,360 --> 00:16:35,240 Speaker 7: expected to arrive in another two to three weeks. And 309 00:16:35,320 --> 00:16:39,720 Speaker 7: so you've got to think that the reason there is 310 00:16:39,760 --> 00:16:44,160 Speaker 7: a reason for this additional military armada being deployed to 311 00:16:44,200 --> 00:16:46,840 Speaker 7: the region, if they're not going to use it, then 312 00:16:47,080 --> 00:16:49,560 Speaker 7: is it for deterrence? And if it is for deterrence, 313 00:16:50,000 --> 00:16:52,800 Speaker 7: does that also benefit the Golf States as well? 314 00:16:53,040 --> 00:16:57,040 Speaker 2: And if the idea is that the objective of preventing 315 00:16:57,080 --> 00:17:00,600 Speaker 2: Iran from ever obtaining a nuclear weapon is large achieved, 316 00:17:00,600 --> 00:17:05,119 Speaker 2: the President hasn't said that it has definitively been achieved yet. 317 00:17:05,440 --> 00:17:09,359 Speaker 2: Could we see a possible ground action to try to 318 00:17:09,440 --> 00:17:13,320 Speaker 2: seize Iran's uranium That's something that's been spoken about as well. 319 00:17:13,880 --> 00:17:16,479 Speaker 7: Absolutely, and it didn't come up at all yesterday. There 320 00:17:16,520 --> 00:17:19,639 Speaker 7: was no mention at all of that enriched uranium stockpile. 321 00:17:19,760 --> 00:17:23,200 Speaker 7: And Iran is thought to be sitting on a stockpile 322 00:17:23,240 --> 00:17:25,919 Speaker 7: of north of one thousand pounds or four hundred kilograms 323 00:17:26,480 --> 00:17:31,119 Speaker 7: worth of this enriched uranium, and earlier reportings seemed to 324 00:17:31,119 --> 00:17:34,639 Speaker 7: suggest that if there were going to be a targeted 325 00:17:34,720 --> 00:17:37,520 Speaker 7: raid conducted by some of these new troops being deployed 326 00:17:37,520 --> 00:17:39,919 Speaker 7: to the region, one of the options would be to 327 00:17:39,960 --> 00:17:43,240 Speaker 7: send them inland to find to somehow be able to 328 00:17:43,320 --> 00:17:48,400 Speaker 7: extract this enriched uranium stockpile. Obviously a very risky operation 329 00:17:48,520 --> 00:17:53,320 Speaker 7: to undertake, but the fate as well of that enriched uranium, 330 00:17:53,560 --> 00:17:55,720 Speaker 7: I think is one that is going to hang over 331 00:17:57,560 --> 00:18:00,520 Speaker 7: the world over the next couple of weeks because it 332 00:18:00,560 --> 00:18:03,119 Speaker 7: all goes back to the premise from this war at 333 00:18:03,119 --> 00:18:08,240 Speaker 7: the very outset. You know, the whole objective, what Trump says, 334 00:18:08,400 --> 00:18:11,760 Speaker 7: is to ensure that the Irans don't go on to 335 00:18:11,800 --> 00:18:14,840 Speaker 7: develop a nuclear weapon. And so if they're still sitting 336 00:18:15,400 --> 00:18:19,160 Speaker 7: on this one thousand pounds worth of enriched uranium, how 337 00:18:19,240 --> 00:18:21,840 Speaker 7: is that pushing out the threats of their ability to 338 00:18:21,880 --> 00:18:23,840 Speaker 7: develop a nuclear weapons. So this is one of the 339 00:18:23,920 --> 00:18:25,879 Speaker 7: questions that's going to have to be resolved. 340 00:18:25,520 --> 00:18:28,720 Speaker 2: I think one of many questions still to be resolved. 341 00:18:28,720 --> 00:18:30,560 Speaker 2: Thank you for this, Jumana. We'll be checking back with 342 00:18:30,600 --> 00:18:33,000 Speaker 2: you throughout the morning. That is Jumana Bursecci the inkor 343 00:18:33,000 --> 00:18:37,720 Speaker 2: of Bloomberg Horizons with us this morning, once again from Dubai, Alexis. 344 00:18:37,280 --> 00:18:40,479 Speaker 3: Thanks Nathan and recapping some of our top stories this morning. 345 00:18:40,720 --> 00:18:43,919 Speaker 3: Stocks are rallying, Crude oil is sinking on optimism the 346 00:18:43,920 --> 00:18:46,800 Speaker 3: war could end soon. The S and P five hundred 347 00:18:46,800 --> 00:18:49,760 Speaker 3: so its biggest one day gain since last May. Yesterday, 348 00:18:49,800 --> 00:18:52,840 Speaker 3: on President Trump's talk of leaving the war, President Trump 349 00:18:52,880 --> 00:18:54,800 Speaker 3: plans to be in the court room as a Supreme 350 00:18:54,800 --> 00:18:58,080 Speaker 3: Court takes up his bid and birthright citizenship arguments on 351 00:18:58,119 --> 00:19:00,960 Speaker 3: the President's executive order are set for ten am Wall 352 00:19:01,000 --> 00:19:04,200 Speaker 3: Street time, and the countdown is on for NASA's first 353 00:19:04,280 --> 00:19:07,159 Speaker 3: manned moon mission in more than half a century. If 354 00:19:07,200 --> 00:19:09,480 Speaker 3: all goes well, lift off for the ten day fly 355 00:19:09,600 --> 00:19:12,080 Speaker 3: by for Artemis two is set for six twenty four 356 00:19:12,119 --> 00:19:15,199 Speaker 3: this evening from Cape Canavil, Florida. More on those stories 357 00:19:15,240 --> 00:19:17,680 Speaker 3: coming up on Bloomberg Daybreak, Nathan. 358 00:19:17,560 --> 00:19:20,200 Speaker 2: Okay, Alexis, thank you for a five twenty two Now 359 00:19:20,280 --> 00:19:22,120 Speaker 2: on Wall Street, we want to take a broader look 360 00:19:22,160 --> 00:19:24,720 Speaker 2: at the market impact from this more than a month 361 00:19:24,800 --> 00:19:27,760 Speaker 2: of war with Iran and the prospect of a resolution 362 00:19:28,200 --> 00:19:31,360 Speaker 2: if we do see the US stick to the president's 363 00:19:31,560 --> 00:19:34,720 Speaker 2: new timeframe of two to three weeks to end the conflict. 364 00:19:34,800 --> 00:19:38,280 Speaker 2: Joining us now is Jane Foley, head of FX Strategy 365 00:19:38,760 --> 00:19:41,840 Speaker 2: at Rabobank. Great to speak with you this morning, Jane. 366 00:19:41,880 --> 00:19:46,760 Speaker 2: Of course, we've seen the dollar really perform as a 367 00:19:46,800 --> 00:19:50,840 Speaker 2: big hedge during this conflict of flight to cash. What's 368 00:19:50,880 --> 00:19:54,359 Speaker 2: the impact if we do see a quick resolution to 369 00:19:54,480 --> 00:19:55,080 Speaker 2: this conflict? 370 00:19:55,119 --> 00:19:58,800 Speaker 4: Good morning, Good morning, it's a pleasure to be here. Well, 371 00:19:59,040 --> 00:20:00,960 Speaker 4: of course you've already seen it. Taste of that. Today 372 00:20:01,000 --> 00:20:04,480 Speaker 4: the market is all about optimism. Today. It's really focusing 373 00:20:04,560 --> 00:20:10,680 Speaker 4: on that two to three week timeline President Trump was 374 00:20:10,720 --> 00:20:13,760 Speaker 4: talking about yesterday, and that of course means that it's 375 00:20:13,760 --> 00:20:15,960 Speaker 4: been ignoring or all of those other factors that in 376 00:20:16,000 --> 00:20:20,199 Speaker 4: mine has just been talking about, the Uranian and the 377 00:20:20,280 --> 00:20:23,560 Speaker 4: rich Uranian for instance, around stockpiles, of that, the fact 378 00:20:23,640 --> 00:20:27,400 Speaker 4: that there's already or still overnight and yesterday a lot 379 00:20:27,440 --> 00:20:33,560 Speaker 4: of missiles in both directions, and so from that point 380 00:20:33,560 --> 00:20:35,960 Speaker 4: of view, today is optimism. But we don't know for 381 00:20:36,040 --> 00:20:38,920 Speaker 4: sure whether or not that's going to be the tone 382 00:20:38,920 --> 00:20:41,280 Speaker 4: that the market will be adopting, you know, through next 383 00:20:41,280 --> 00:20:43,600 Speaker 4: week or the week after for that, But as it 384 00:20:43,680 --> 00:20:47,680 Speaker 4: stands that the dollar really has backtracked today, we've seen 385 00:20:47,960 --> 00:20:52,520 Speaker 4: at the US dollar underperforming all other JTA currencies today, 386 00:20:52,560 --> 00:20:55,879 Speaker 4: which is really in reflection of the optimism that's also 387 00:20:56,080 --> 00:20:59,520 Speaker 4: been pushed through into stock markets and bomb markets too. 388 00:21:00,200 --> 00:21:05,080 Speaker 2: Do you see certain currencies benefiting more from an early 389 00:21:05,119 --> 00:21:07,159 Speaker 2: exit by the US. 390 00:21:08,200 --> 00:21:10,840 Speaker 4: You know, it's difficult to see that if you look 391 00:21:10,880 --> 00:21:13,119 Speaker 4: at the ones that have been the best performers today. 392 00:21:13,400 --> 00:21:16,840 Speaker 4: But what we have noticed, you know, over the last month, 393 00:21:17,480 --> 00:21:20,640 Speaker 4: is that aside from the theme of the dollar being 394 00:21:20,680 --> 00:21:24,359 Speaker 4: the safe haven of choice, the next theme that really 395 00:21:24,480 --> 00:21:28,680 Speaker 4: has pushed around FX rates has been this theme of well, 396 00:21:28,680 --> 00:21:31,439 Speaker 4: which central banks are going to be hiking the most, 397 00:21:32,000 --> 00:21:35,359 Speaker 4: and that leaves Sterling, you know, sort of next best 398 00:21:35,359 --> 00:21:37,720 Speaker 4: at the top of the G ten par because just 399 00:21:38,000 --> 00:21:40,000 Speaker 4: you know, six weeks or so ago, the market was 400 00:21:40,000 --> 00:21:42,800 Speaker 4: anticipating that the Bank of Veno could be cutting interest 401 00:21:42,840 --> 00:21:45,440 Speaker 4: rates twice more this year, and you know, since then 402 00:21:45,480 --> 00:21:47,560 Speaker 4: it was thinking, oh, there might be two or three 403 00:21:47,640 --> 00:21:51,159 Speaker 4: interest rate hikes, and that has meant that because of 404 00:21:51,200 --> 00:21:53,960 Speaker 4: the short term interest rate differentials, Sterling has done well. 405 00:21:54,000 --> 00:21:55,879 Speaker 4: But I think there's a real big butt to that 406 00:21:56,119 --> 00:21:59,840 Speaker 4: because The reason that the market was expecting at Sterling 407 00:22:00,040 --> 00:22:05,399 Speaker 4: to cut more this year was because excess capacity was 408 00:22:05,440 --> 00:22:08,399 Speaker 4: showing an employment rate was going up, and that means 409 00:22:08,400 --> 00:22:11,439 Speaker 4: that the UK is perhaps a more vulnerable position into 410 00:22:11,520 --> 00:22:15,080 Speaker 4: this crisis, because don't forget, even if we do get 411 00:22:15,240 --> 00:22:17,920 Speaker 4: a two to three week end to this conflict, or 412 00:22:17,920 --> 00:22:20,720 Speaker 4: at least the US withdrawing, there is going to still 413 00:22:20,760 --> 00:22:24,600 Speaker 4: be the damaging impacts of still higher energy prices than 414 00:22:24,640 --> 00:22:26,600 Speaker 4: we would have had anyway, and that's still going to 415 00:22:26,640 --> 00:22:32,800 Speaker 4: affect consumption through these economies. So I think there's still 416 00:22:33,000 --> 00:22:36,040 Speaker 4: a lot of dust that needs to settle down as 417 00:22:36,080 --> 00:22:39,399 Speaker 4: a market really works out exactly what the growth and 418 00:22:39,440 --> 00:22:42,000 Speaker 4: the inflation impact of this crisis will be. 419 00:22:42,480 --> 00:22:45,679 Speaker 2: Well, what do you see as the potential growth and 420 00:22:45,760 --> 00:22:49,040 Speaker 2: inflation impact. We've got just about a minute left. 421 00:22:49,960 --> 00:22:52,640 Speaker 4: Well, for instance, I think a country that's relatively well 422 00:22:52,680 --> 00:22:56,480 Speaker 4: insulated is Norway. Yes, the central bankers walk because yes, 423 00:22:56,520 --> 00:22:58,840 Speaker 4: there'll be some sort of inflationary impact, but don't forget, 424 00:22:58,880 --> 00:23:02,240 Speaker 4: it's an energy exporter, which is positive for it and 425 00:23:02,280 --> 00:23:05,600 Speaker 4: it eases. They're almost all renewable, so it's in a 426 00:23:05,640 --> 00:23:08,520 Speaker 4: relatively good position. Australia, maybe I think that one could 427 00:23:08,560 --> 00:23:12,360 Speaker 4: come back the Australian dollar as well. 428 00:23:12,480 --> 00:23:15,600 Speaker 3: This is Bloomberg Daybreak, your morning podcast on the stories 429 00:23:15,640 --> 00:23:18,480 Speaker 3: making news from Wall Street to Washington and beyond. 430 00:23:18,840 --> 00:23:21,240 Speaker 2: Look for us on your podcast feed by six am 431 00:23:21,240 --> 00:23:24,679 Speaker 2: Eastern each morning, on Apple, Spotify, or anywhere else you listen. 432 00:23:24,880 --> 00:23:27,520 Speaker 3: You can also listen live each morning starting at five 433 00:23:27,560 --> 00:23:30,200 Speaker 3: am Wall Street Time on Bloomberg eleven three to zero 434 00:23:30,240 --> 00:23:33,080 Speaker 3: in New York, Bloomberg ninety nine to one in Washington, 435 00:23:33,160 --> 00:23:36,640 Speaker 3: Bloomberg ninety two nine in Boston, and nationwide on Sirius 436 00:23:36,800 --> 00:23:38,360 Speaker 3: XM Channel one twenty one. 437 00:23:38,720 --> 00:23:41,480 Speaker 2: Plus listen coast to coast on the Bloomberg Business app 438 00:23:41,520 --> 00:23:44,320 Speaker 2: now with Apple CarPlay and Android Atuto interfaces. 439 00:23:44,480 --> 00:23:47,360 Speaker 3: And don't forget to subscribe to Bloomberg News Now. It's 440 00:23:47,400 --> 00:23:49,800 Speaker 3: the latest news whenever you want it in five minutes 441 00:23:49,920 --> 00:23:52,840 Speaker 3: or less. Search Bloomberg News Now on your favorite podcast 442 00:23:52,880 --> 00:23:57,320 Speaker 3: platform to stay informed all day long. I'm Alexis Christophorus. 443 00:23:56,920 --> 00:23:59,439 Speaker 2: And I'm Nathan Hager. Join us again tomorrow morning for 444 00:23:59,480 --> 00:24:01,440 Speaker 2: all the news you need to start your day right 445 00:24:01,440 --> 00:24:02,880 Speaker 2: here on Bloomberg Day Bright 446 00:24:08,800 --> 00:24:09,280 Speaker 9: Mm hmm