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Speaker 1: Broadcasting live to New York Bloomberg eleventh, to Washington d

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Speaker 1: C Bloomberg to Boston Bloomberg dwelve honors to San Francisco

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Speaker 1: Bloomberg nine sixty to the Country Series Exam Channel one

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Speaker 1: ninety and around the globe the Bloomberg Radio plus Happen

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Speaker 1: Bloomberg dot com. This is Bloomberg Surveillance. Good morning, It's

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Speaker 1: a thirty on Wall Street and Michael McKee along with

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Speaker 1: Tom Keane. You can have a indicators brought to you

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Speaker 1: by Commonwealth Financial Network. When it's time to change the conversation,

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Speaker 1: talk with a broker dealer r I A that's ready

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Speaker 1: to listen call six four six two three six three

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Speaker 1: eight or visit Commonwealth dot com to learn more. No

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Speaker 1: numbers out at eight thirty this morning. Ten o'clock this

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Speaker 1: morning is the big one I s M Manufacturing. Everybody

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Speaker 1: wants to know where we are. First look of the month,

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Speaker 1: the market US Manufacturing p M. I also comes out

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Speaker 1: the their final UH number at They saw contraction in

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Speaker 1: their preliminary num and that has people worried a little bit. UH.

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Speaker 1: Ten o'clock is also construction spending, and of course all

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Speaker 1: day we're getting domestic vehicle sales for February. Fat Christs

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Speaker 1: are the only one out so far better than forecast

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Speaker 1: eleven point eight percent UH and the estimate was for

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Speaker 1: them to be up nine point two percent. Here's some

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Speaker 1: good news if you live north of the border. Fourth

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Speaker 1: quarter GDP in Canada up eight tents of eight percent

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Speaker 1: better than forecast. Very good, good news for Mr Trudeau.

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Speaker 1: You wanta you want to get lucky. We're in Washington

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Speaker 1: today Super Tuesday. Michael McKee and Tom keenan support of

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Speaker 1: nine nine one FM Washington. Please listen and say thank you.

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Speaker 1: We say thank you to all in Washington and Baltimore.

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Speaker 1: Where this someone you know and many Republicans know nationwide?

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Speaker 1: If that worldwide? Vin Webber of Minneapolis, he's already inflicted

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Speaker 1: upon US. Vikings Chat. They have a new stadium going up.

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Speaker 1: Did you know they'll have Super Bowl l I I

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Speaker 1: in Minneapolis here and choose. Michael McKee, would you like

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Speaker 1: to brief Mr Webber and how you in a Super

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Speaker 1: Bowl with your Denver Broncos said, my Denver Broncos actually

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Speaker 1: won for the first time in twenty years. We we

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Speaker 1: we noticed that, and the Vikings are but the Vikings

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Speaker 1: are improving steadily. We're very happy with our quarterback, Daddy Bridgewater,

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Speaker 1: were very happy with our coach, Coaches Zimmer. Their team

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Speaker 1: has been improving regularly all along. We had a disappointing

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Speaker 1: end to the season this year, but we're ready to

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Speaker 1: play the Super Bowl in our own new stadium. We do,

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Speaker 1: we do. See then, Webber, your team. The Republicans have

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Speaker 1: to improve off of Super Tuesday, after the convention and

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Speaker 1: frankly after the election, whatever happens. Jeb Bush exits early.

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Speaker 1: Mr Casey of Ohio seems to be picking up establishment support.

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Speaker 1: But what is your new prescription for the Grand Old Party?

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Speaker 1: The party, It's not so much a new prescription, it's

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Speaker 1: getting back to the prescription that used to work. We

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Speaker 1: have to become the party of economic growth again. An

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Speaker 1: awful out of this fresh ration that shows itself in

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Speaker 1: support for building walls and deporting people and starting trade wars.

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Speaker 1: Is a frustration with an economy that just isn't growing

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Speaker 1: very fast. That you were went down around one percent

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Speaker 1: now at two percent now is considered probably pretty good growth.

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Speaker 1: It's not good growth. Three percent pluses is healthy growth,

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Speaker 1: and we have to shoot for four uh that's what

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Speaker 1: the Republican Party needs to identify itself as. Again, you

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Speaker 1: hate to keep going back to Reagan, but Reagan, you know,

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Speaker 1: did create a generation of imaging and branding, if you will,

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Speaker 1: for the Republican Party. And the main point that he

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Speaker 1: made was we were the party of economic growth. If

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Speaker 1: the party talks about that and talks about inclusion, a

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Speaker 1: lot of these other issues will become secondary. But people

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Speaker 1: are frustrated that they're not living in any continent's growing,

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Speaker 1: and an economy that doesn't grow rapidly can't produce a

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Speaker 1: better standard of living for the next generation than it

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Speaker 1: does for this one. It's understandable people are concerned, but

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Speaker 1: they're grasping at the wrong solutions, led by somebody who's

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Speaker 1: willing to exploit their concern Well, Reagan came to office.

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Speaker 1: I mean he did talk much more positively than any

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Speaker 1: of the Shining City on the Hill, by the way,

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Speaker 1: there was no wall around that. But he had basically

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Speaker 1: four ideas, four things he wanted to get done, and

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Speaker 1: chief among them was tax cuts. In other words, he

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Speaker 1: had an enervating idea. One particular thing he brought to

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Speaker 1: the table saying we're gonna do this and it's gonna

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Speaker 1: help growth. Leaving a side of the argument of whether

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Speaker 1: it worked or not. Nobody seems to have that one

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Speaker 1: idea for what to do any well. I think that

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Speaker 1: there are I don't think there's one idea. I think

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Speaker 1: that there are a series of ideas. First of all,

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Speaker 1: I think tax reform is is very much a part

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Speaker 1: of that. I don't think you didn't get quite the

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Speaker 1: bang for simple across the board reductions that you did

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Speaker 1: when the top rate was at se as it was

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Speaker 1: when President Reagan came out. But I still think that

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Speaker 1: you can actually give the economy a good boost by

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Speaker 1: bringing the rates down, broadening the base, also deregulation to

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Speaker 1: a substantial extent. I think that it's underappreciated how much

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Speaker 1: we are increasing the regulatory burden on the economy. That

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Speaker 1: was also part of what President Reagan did, particularly the

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Speaker 1: energy here. William Cohen of May will join us later.

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Speaker 1: He has spoken of a brown America. Now you're in Minneapolis,

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Speaker 1: Jeff Lakedown in Arizona's got a lot more focused on

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Speaker 1: the diversity, the new diversity of America. With the language

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Speaker 1: that we've heard in the last hours, days, and even

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Speaker 1: the last months, how does your Republican party do inclusive,

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Speaker 1: do diversity. Well, they have they have to. They have

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Speaker 1: to do what many Republican leaders are done, which is

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Speaker 1: to simply denounce what we've heard the last several days

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Speaker 1: and say very clearly, Uh, there's no place in this

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Speaker 1: party for racism or David Duke or the ku Klux Klan.

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Speaker 1: You know, even in Minnesota, my state where we have

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Speaker 1: a relatively white population, still we have the largest Somali

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Speaker 1: population in America because they fled when things got really

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Speaker 1: bad over there and we're relocated. Uh, and they're they're good, solid,

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Speaker 1: hard working citizens of my state of Minnesota. But they

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Speaker 1: have to be concerned with what they're hearing. If we

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Speaker 1: have a leading and for president who's talking about deporting

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Speaker 1: people that don't look like him and building up walls

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Speaker 1: to keep him out, who knows what he would do next.

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Speaker 1: The party simply has to make a strong stand. Many

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Speaker 1: Republicans have none better than than NICKI Haley, the governor

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Speaker 1: of South Carolina. Who would have thought that this voice

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Speaker 1: for diversity and tolerance would come out of the state

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Speaker 1: of South Carolina, which probably led the fight for the

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Speaker 1: Confederacy during the Civil War. But she's been superb. Senator

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Speaker 1: Ben Sash from Nebraska issued a very well thought out

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Speaker 1: explanation of why he could not vote for Donald Trump. Uh,

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Speaker 1: but we have to keep these voices alive in the

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Speaker 1: midst of all the panic and noise that's going. We

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Speaker 1: could go for two hours and we haven't even gotten

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Speaker 1: to Barber accountable twenty seconds. You need people to drop

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Speaker 1: out of the race this evening or tomorrow morning to

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Speaker 1: support your candidate from l No, I'm not sure that

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Speaker 1: that's right. I I think the keeping people in the

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Speaker 1: race might be the might be the best solution to

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Speaker 1: keeping the convention open at this point. It's an it's

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Speaker 1: an open question. Vin Webber, thank you so much. He

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Speaker 1: is Vin Webber from Minnesota. Wonderful that speak with him.

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Speaker 1: Michael McKee and Tom Keene in Washington, SMB futures up thirteen,

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Speaker 1: doc features up one oh two. I'm not a bringing

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Speaker 1: in Michael bar with the latest world in national Headlights. Michael, Mike, Tom,

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Speaker 1: thank you very much. Voters from Bramant to Colorado, Alaska

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Speaker 1: to American Samoa and states in between are heading to

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Speaker 1: the polls today and caucus sites for Super Tuesday. The

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Speaker 1: busiest day of the twenty sixteen primaries. Democrats will vote

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Speaker 1: in eleven states and American Samoa. Republicans will vote in

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Speaker 1: eleven states. Democrat Hillary Clinton Republican Donald Trump hoped to

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Speaker 1: stretch their leaves. Trump on ABC is Good Morning America

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Speaker 1: says it is the media that is keeping the controversy

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Speaker 1: involving former KKK leader David Duke's support going about him.

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Speaker 1: Every time I speak to somebody virtually and you know,

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Speaker 1: they just keep going, They keep it going. Bloomberg will

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Speaker 1: have NonStop Super Tuesday coverage throughout the night, starting with

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Speaker 1: a special edition with all due respects starting at five

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Speaker 1: pm all street time. President Obama will be today with

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Speaker 1: Republican senators who have vowed to block the President's nomination

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Speaker 1: for the U. S. Supreme Court, the first time the

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Speaker 1: leaders have met since the sudden death of Justice antonin Scalia.

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Speaker 1: A funeral of scheduled today for a Northern Virginia police

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Speaker 1: officer shot and killed on her first day on the

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Speaker 1: job with the Prince William County Police Department. Ashley Gwinden

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Speaker 1: was shot Saturday while responding to a domestic violence call.

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Speaker 1: Global News twenty four hours a day powered by our

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Speaker 1: hundred journalists and more than a hundred fifty news bureaus

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Speaker 1: from around the world. At Michael bar Mike, Tom, Michael,

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Speaker 1: thank you so much again greening the screen future. And

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Speaker 1: now let's take it with Johns for the Bloomberg NBC

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Speaker 1: Sports Update. John all Right, Mike. Rangers and Blue Jackets

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Speaker 1: at the Garden, both will look for their third win

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Speaker 1: a row. It literally went to the wire one one

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Speaker 1: late in the third MSG had the call and it

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Speaker 1: ended two to one, but only after Auntie Ronta made

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Speaker 1: a save in the last second. Columbus actually scored on

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Speaker 1: the rebound, but it was after time had expired. Seven

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Speaker 1: of the next nine for the Rangers on the road,

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Speaker 1: starting with Thursday at Pittsburgh. Tonight, Devil's host Carolina Islanders.

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Speaker 1: In Vancouver, Nicks will be home for Portland's Nets. Last night,

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Speaker 1: we're in it down only two going to the fourth quarter,

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Speaker 1: but beaten by the Clippers in l A one oh

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Speaker 1: five ninety five. And the Nets right back same arena

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Speaker 1: tonight to play the Lakers. Last time they'll ever face

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Speaker 1: Kobe Bryant. College Basketball Kansas now ranked number one and

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Speaker 1: on the road eighties six fifty six route of Texas,

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Speaker 1: North Carolina beat Syracuse seventy mo. Wilkerson leads the strength

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Speaker 1: of the Jets their defensive line. He had a career

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Speaker 1: high twelve sacks last season. Jets want to keep them,

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Speaker 1: so they have placed the franchise tag on Wilkerston. With

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Speaker 1: the Bloomberg NBC Sports Update, I'm John Stats show John,

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Speaker 1: thanks so much. Uh. The future is up thirteen down,

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Speaker 1: futures up one oh five. Churn in the currency market,

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Speaker 1: Yen weaker this morning, one thirteen oh one. Looking at

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Speaker 1: euro one oh eighty two really has pulled back over

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Speaker 1: the last few days. Was still a resilient dollar, not

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Speaker 1: out to record recent highs on d x Y, but

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Speaker 1: ninety eight point one eight on d x Y is

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Speaker 1: elevated over the last few days. Oil ups thirty four

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Speaker 1: point three four but legitimate lifts and oil we're now

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Speaker 1: getting out higher over the recent moves that we've seen

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Speaker 1: up Michael mckeeon Tom Keane from our news bureau in Washington.

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Speaker 1: Stay with us this Super Tuesday. This is Bloomberg Surveillance.

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