Speaker 1: Live from the Bloomberg Interactive Brooker's studios. This is Bloomberg
Speaker 1: Daybreak for a Friday, September nine two. Coming up this shour,
Speaker 1: the world remembers Queen Elizabeth the Second. Leaders across the
Speaker 1: globe pay their respect to her historic rain and her legacy.
Speaker 1: The UK marks the end of an era, but the
Speaker 1: start of ten days of Morning, and King Charles is
Speaker 1: sent to the throne, the oldest person to do so
Speaker 1: in British history. The Justice Department will appeal that Trump's
Speaker 1: Special Master order. The Governor Murphy takes aim at Manhattan's
Speaker 1: congestion pricing plan. I'm John Tucker. Those stories straight ahead.
Speaker 1: I'm John Stage. Sports. A Yankee rally came up short
Speaker 1: against the Twins. The Bills beat the Rams to kick
Speaker 1: off the NFL season. That's all's training ahead on Bloomberg
Speaker 1: Daybreak on Bloomberg eleven, Free on New York, Bloomberg one, Washington,
Speaker 1: d C, Bloomberg one six one, Boston, Bloomberg nine sixties,
Speaker 1: San Francisco, Syrius x M one nine team, and around
Speaker 1: the world on Bloomberg Radio dot Com and via The
Speaker 1: Bloomberg Business. Good Morning, I'm Nathan Hagar and I'm Karen
Speaker 1: Moscow and US DOT Index futures are higher this morning.
Speaker 1: We are coming up to six oh one on Wall Street.
Speaker 1: We checked the markets every fifteen minutes throughout the trading day.
Speaker 1: On Bloomberg, Guess and P future is up thirty one
Speaker 1: point this morning. Down futures have two D twenty four
Speaker 1: and nasday futures up one nine. Nathan Karen. Reaction is
Speaker 1: still pouring in after the death of Queen Elizabeth the Second,
Speaker 1: the UK's longest reigning monarch, passed away peacefully at Balmoral
Speaker 1: Castle in Scotland yesterday at the age of nineties six.
Speaker 1: Prime Minister Liz Trust was first to pay honor to
Speaker 1: the life and work of the Queen. Queen Elizabeth the
Speaker 1: Second leaves a great legacy. Today the crown passes, as
Speaker 1: it has done for more than a thousand years, to
Speaker 1: our new Monarch, our new head of State, His Majesty
Speaker 1: King Charles the Third. Prime Ministers Trust called the Queen
Speaker 1: the rock on which modern Britain was built. Trust was
Speaker 1: appointed by the Queen just this week. Well, Nathan, Leaders
Speaker 1: across the world they're also paying their respects to the Queen.
Speaker 1: Here in the US, President Joe Biden addressed the loss
Speaker 1: at a reception for the Democratic and National Committee in Maryland.
Speaker 1: By the opportunity to meet before she passed, and she
Speaker 1: was an incredibly gracious and decent woman. The thoughts and
Speaker 1: prayers of the American people are with the people of
Speaker 1: the United Kingdom and the Commonwealth and their grief. Hillary
Speaker 1: Clinton is also remembering her majesty. The former First Lady
Speaker 1: and Secretary of State says she was lucky enough to
Speaker 1: meet her Majesty on several occasions. She was a curious,
Speaker 1: highly intelligent person who really wanted to learn what you
Speaker 1: knew and how it would fit into the world. And
Speaker 1: back in the UK, there's been a profound loss felt.
Speaker 1: In Scotland, First Minister and Nicolas Sturgeon describes the death
Speaker 1: of the Queen as a moment of acute loss and sadness.
Speaker 1: For more than seventy years, Queen Elizabeth has been the
Speaker 1: great constant in our national life. She has inspired us
Speaker 1: on occasion, comfort he does and always personified values we
Speaker 1: hold dear and In Canada, Prime Minister Justin Trudeau delivered
Speaker 1: a poignant speech on the legacy of the Queen and
Speaker 1: her importance to him and his country in a complicated world.
Speaker 1: Her steady grace and resolve brought comfort and strength to us.
Speaker 1: All Canada is in mourning. She was one of my
Speaker 1: favorite people in the world and I will miss herself.
Speaker 1: Prime Minister Justin Trudeau said he's in disbelief over her
Speaker 1: death and that Canada is in mourning caring. Outside of
Speaker 1: world leaders, we're hearing from people who had a close
Speaker 1: personal relationship with the Queen. We spoke with former advisor
Speaker 1: to the Queen, Mary McLeod, who says her majesty was
Speaker 1: an empowering role model. She will be remembered. I thing
Speaker 1: really as an as an inspiration, and I grew up
Speaker 1: thinking I could achieve anything. There was a female monarch,
Speaker 1: our female prime minister. I mean it's really she has
Speaker 1: been there for for everyone throughout their lives and as
Speaker 1: her devotion, her life of service. A real selfless leader
Speaker 1: is how I think everyone is is remembering her. Mary
Speaker 1: McLeod is a former member of Parliament and adviser to
Speaker 1: Queen Elizabeth the Second. She spoke with Bloomberg Radio earlier
Speaker 1: this morning. Well, Nathan, the death of the Queen kicks
Speaker 1: off ten days of mourning in the UK. We get
Speaker 1: the details on that from Bloomberg Daybreaking Europe anchor Caroline Hepger,
Speaker 1: who joins us from London. Good morning, Caroline, Good morning
Speaker 1: Karen and Nathan. We had all perhaps prepared ourselves for
Speaker 1: the death of the Queen, but when it came it
Speaker 1: was still a shock and a moment of grief. For
Speaker 1: many flags are now flying at half mast. Tributes from
Speaker 1: politicians at home and abroad for her long reign and
Speaker 1: particularly her dedication to public service of being made. In
Speaker 1: the coming days. The Queen's body will return from Scotland
Speaker 1: to London. She will lie in state in Westminster Hall,
Speaker 1: in the heart of Parliament, where the public will be
Speaker 1: able to pay their own respects. We have no date yet,
Speaker 1: but the state funeral for the Queen will take place
Speaker 1: at Westminster Abbey, in the very place where Elizabeth Alexandra
Speaker 1: Mary Windsor married Prince Philip in ninety seven and where
Speaker 1: she was crowned Queen in nineteen fifty three. Live in London.
Speaker 1: I'm Caroline Hpke Bloomberg Radio, Caroline Banks. There's also the
Speaker 1: future of the monarchy to consider at this moment. Charles
Speaker 1: the Third will soon be formally proclaimed King in a
Speaker 1: ceremony dating back hundreds of years. Bloomberg Daybreak. You're a banker,
Speaker 1: Stephen Carroll, also in London now with the details on that.
Speaker 1: Good morning, Stephen, Good morning, Nathan and Kareny. Are the
Speaker 1: meeting of the Accession Council, as it's known, due to
Speaker 1: take place tomorrow with that former proclamation will take place.
Speaker 1: It's a group that includes members of the Privy Council,
Speaker 1: historically the sovereign's most trusted advisers. Also president will be
Speaker 1: officials in the City of London and from the Commonwealth.
Speaker 1: At seventy three, Charles is the oldest person who exceeds
Speaker 1: the throne in British history. He'll now have to steer
Speaker 1: the monarchy in a country that's altered beyond recognition since
Speaker 1: his mother's succession in ninety two. Live in London. I'm
Speaker 1: Stephen Carroll, Bloomberg Daybreak. All right, Stephen, thank you, and
Speaker 1: King Charles now has big shoes to fill, taking over
Speaker 1: from the longest reigning monarch in British history. To get
Speaker 1: perspective now from Anthony Gardner, former U S Ambassador to
Speaker 1: the European Union under President Obama, Well, I think he
Speaker 1: will try to respect the some of the recipe of
Speaker 1: what made her a success. It may be difficult because
Speaker 1: he is a person with the views and by the way,
Speaker 1: I think he's underestimated. He said things and believe things
Speaker 1: well before they were widely believed or said I'm thinking
Speaker 1: of certainly the environment well before his time, well before
Speaker 1: his time. Former U S Ambassador Anthony Gardner was a
Speaker 1: guest on Bloomberg Sound on which Joe Matthew catched the
Speaker 1: program weekdays at five pm Eastern on Bloomberg Radio. And
Speaker 1: looking to the market open on Wall Street this morning, Karen,
Speaker 1: futures are moving higher, SMP futures are up thirty points,
Speaker 1: staff futures up two D fifteen, NASDAC futures up one
Speaker 1: three points, and the tenure treasury is of fifteen thirty seconds,
Speaker 1: the yield three point to six percent. Straight ahead your
Speaker 1: latest local headlines in the check of sports. This is
Speaker 1: Bloomberg at six oh seven on Wall Street where at
Speaker 1: sixty four degrees in Central Park, an accident investigation as
Speaker 1: the westbound l I E closed between its thirty six
Speaker 1: and thirty four More coming up in traffic. First, John
Speaker 1: Tucker with what else is going on in New York
Speaker 1: and around the world. Good morning John, Good morning Nathan.
Speaker 1: The Justice Department will appeal the Trump's special master order.
Speaker 1: The story this morning from Bloomberg's Jeff Bellinger. The d
Speaker 1: o J filed the notice of appeal with the U. S.
Speaker 1: District Court in the Southern District of Florida. They are
Speaker 1: asking the higher court to reverse a federal judge's order
Speaker 1: for a special master to review documents the FBI s
Speaker 1: east from former President Donald Trump's Florida home. The Department
Speaker 1: says the ruling has impeded a review of the potential
Speaker 1: national security impact. The Department also is seeking emergency approval
Speaker 1: to continue using the classified materials that were removed from
Speaker 1: our lago as part of its ongoing criminal investigation into
Speaker 1: whether Trump mishandled government records. In a decision roundly criticized
Speaker 1: by legal experts, US District Judge Eileen Cannon granted Trump's
Speaker 1: request for a so called special master and temporarily barred
Speaker 1: the government from using the documents to develop its criminal investigation.
Speaker 1: Jeff Bellinger Bloomberg Daybreak is shipping it to be a
Speaker 1: border war of words. New Jersey Governor Phil Murphy says
Speaker 1: New York City's congestion pricing proposal can't be on the
Speaker 1: backs of New Jersey commuters. I'm gonna stand up and
Speaker 1: I will not relent on behalf of our our taxpayers.
Speaker 1: Interviewers Murphy's speaking of Bloomberg's balance of power with David
Speaker 1: West and New York City is moving to our Manhattan
Speaker 1: congestion pricing with a proposed toll of as much as
Speaker 1: twenty three dollars for a white House. Strategists see that
Speaker 1: a vast a fight a New York case accusing him
Speaker 1: of defrauding thousands of contributors to a privately funded US
Speaker 1: Mexico border wall of more than fifteen million dollars ben
Speaker 1: and pleading not guilty to money laundering, fraud, and conspiracy
Speaker 1: charges and are walking into a Lower Manhattan courtroom and handcuffs.
Speaker 1: He was released after turning over his passport. And the
Speaker 1: US has offered two point eight billion dollars in weapons
Speaker 1: and military finance in the Ukraine in its neighbors, as
Speaker 1: the Biden administration attempts to shore up Allied unity in
Speaker 1: the face of Russian threats to cut off fossil fuel
Speaker 1: exports and a looming energy crisis. Global news twenty four
Speaker 1: hours a day on Aeron on Bloomberg Quicktake. We're powered
Speaker 1: by more than twenty seven hundred journalist and analysts and
Speaker 1: more than one twenty countries. I'm John Tucker and this
Speaker 1: is Bloomberg Nathan. Thanks John six o nine on Wall Street.
Speaker 1: Time for the Bloomberg Sports Update. Good morning, John Stoshop,
Speaker 1: Good morning Navan. Yankees began today place seen yet another
Speaker 1: key player on their very crowded injured list, d J.
Speaker 1: Le May, who has been struggling playing with a bad toe.
Speaker 1: So another makeshift lineup. Isaiah kinder Feliffa was the yankst
Speaker 1: clean up hitter. Marwin Gonzalez bat at fifth. He got
Speaker 1: early two on homber from Miguel and do Are, but
Speaker 1: the Twins tie the game fifth inning, and then in
Speaker 1: the eight want to pitch a floodball on left field
Speaker 1: and deep packet goals, deep it goals and gone Carlos career.
Speaker 1: There's his signature moment. Biggest swing is a Twin go
Speaker 1: ahead eighth inning two run homer and the Twins take
Speaker 1: a four two league. I Ben at the call Yanks
Speaker 1: Dad a run of the eighth had the bases loaded
Speaker 1: with the one out bottom of the night. They failed
Speaker 1: to score in Minnesota won for three to avoid getting sweat.
Speaker 1: Big Series starts tonight at the Stadium. Tampa Bay comes
Speaker 1: in having won fourteen and the last seventeen, the Raids
Speaker 1: of four and a half games behind the Yanks. Mets
Speaker 1: start the weekend half game ahead of Atlanta. Mets tonight
Speaker 1: visit Miami and the MLB Competition Committee expected to vote
Speaker 1: today on significant rule changes for next season, the implementation
Speaker 1: of a pitch cloth and the element Asian of defensive
Speaker 1: shifts on jabber of Tunis Jaygo, Sian Tiko poland the
Speaker 1: semifinal winners at the US Open. They'll play tomorrow the championship.
Speaker 1: Now it's the men's semis, highlighted by the match tonight
Speaker 1: the American Francis Tiafo against the young Spaniard Carlos Alcarez.
Speaker 1: Buffalo Bill's nearly amazed in the Super Bowl last season,
Speaker 1: the favorite of many to get there this year, they
Speaker 1: opened up in l A a thirty one to ten
Speaker 1: rout of the defending Super Bowl champion Rams Josh Allen
Speaker 1: from nearly three hundred yard three touchdowns while Matthew Stafford
Speaker 1: was intercepted three times. The Rangers have hired their long
Speaker 1: time star goalie Henrik Lunkwist for a mostly business position.
Speaker 1: John Stashward, Bloomberg Sports Nathan, thanks for that, John S
Speaker 1: and p Futures Right now we're up twenty eight points.
Speaker 1: Stow Futures up two hundred eight Nastac Futures are hired
Speaker 1: by one eighteen points. The tenure treasury is up fifteen
Speaker 1: thirty seconds. The yield three point to six percent yield
Speaker 1: on the two year three point four or six percent.
Speaker 1: Nimex Screwed is hired by one and a half percent.
Speaker 1: Eighty four dollars seventy eight cents se barrel British pound
Speaker 1: one point one six two zero against the U. S. Dollar.
Speaker 1: You're listening to Bloomberg Daybreak. Bloomberg Daybreak is brought to
Speaker 1: you by the Jewish Communal Fund j c F. S
Speaker 1: donor advised fund is the smart choice to manage your philanthropy,
Speaker 1: especially in times of crisis. Make your giving impactful. Visit
Speaker 1: j c F n y dot org. Markets headlines and
Speaker 1: breaking news twenty four hours a day at Bloomberg dot com,
Speaker 1: The Bloomberg Business Outland at Bloomberg quick tape. This is
Speaker 1: a Bloomberg Business flash and good morning. I'm Karen. Moscow
Speaker 1: futures are higher, with SNP futures up twenty nine points,
Speaker 1: doll futures up two hundred nine NASDAG futures have one
Speaker 1: and a ten year treasury up thirteen thirty seconds held
Speaker 1: three point to six percent, yield on the two year
Speaker 1: three point four seven percent. And as a Bloomberg business flash,
Speaker 1: now here's John Tucker with Moore on what's going on
Speaker 1: around the world. John, good morning, and Karen Charles. The
Speaker 1: elders of Queen Elizabeth's four children will be formally proclaimed
Speaker 1: King of England in a ceremony tomorrow. Here in the US,
Speaker 1: the Justice Department will appeal of federal judge's order for
Speaker 1: a special Master and the Trump Documents case. Sports NFL
Speaker 1: season kicked off last night, the Bills beating the reigning
Speaker 1: champion of Los Angeles Rams one to ten. Yankees fell
Speaker 1: to the Twins four to three. The Nationals whatever the Cardinals,
Speaker 1: the Reds beat the Cubs, Marlin's beat the Phillies, the
Speaker 1: White Sox won big over the A's, and the Brewers
Speaker 1: swamp the Giants in a double header. Global news twenty
Speaker 1: four hours a day on aeron a Bloomberg Quick Take power,
Speaker 1: more than hundred journalists and analysts and more than one
Speaker 1: twenty countries. I'm John Tucker. This is Bloomberg Nathan. Okay, John,
Speaker 1: thank you. It is six eighteen on Wall Street Live
Speaker 1: from the Bloomberg Interactive Broker Studios. This is Bloomberg Daybreak.
Speaker 1: Good morning. I'm Nathan Hagar. Let's get more perspective now
Speaker 1: on the life and legacy of Queen Elizabeth the Second.
Speaker 1: We've been speaking with experts, historians, and those who knew
Speaker 1: the queen personally. Bloomberg Daybreak, you're a bankers. Caroline Hecker
Speaker 1: and Stephen Carroll have been leading our coverage and we
Speaker 1: handed back over to them now for a discussion with
Speaker 1: the former Press secretary to the Queen. Joining us now
Speaker 1: is Charles Anson, who is communications consultant and also the
Speaker 1: former Press secretary to the Queen. Charles, thank you so
Speaker 1: much for giving us your views and some of your
Speaker 1: time this morning. It is a very sad and hugely
Speaker 1: historic moment for the people of Britain and I just
Speaker 1: first like your view on how you think this incredible
Speaker 1: queen is going to be remembered. I think the Queen
Speaker 1: with her very long wain, a long expen history of
Speaker 1: the British monarch over a thousand years seven two years
Speaker 1: has been over spanned a huge change within this country,
Speaker 1: within the world, and what Queen has contributed has been
Speaker 1: a steadiness, whether in good times, in times of joy,
Speaker 1: or in times of turbulence. It's still a small figure
Speaker 1: of the queen of the monarchy and a change in
Speaker 1: society has been a reassuring thing for a lot of people,
Speaker 1: and I think that's one of her great contributions, is
Speaker 1: to provide that continuity and time and great change. You
Speaker 1: had a close relationship with the Queen during the time
Speaker 1: that you worked with her. What are your personal memories
Speaker 1: of her? Well? I remember how the Queen very much
Speaker 1: as someone who is practical by nature, straightforward and easy
Speaker 1: to deal with, and she had an extraordinary humility in
Speaker 1: the way that she approached life and approached problems and
Speaker 1: their solution, and that sort of humility and simple approach
Speaker 1: is what I think has endeared it as so many
Speaker 1: ordinary people around the world. She is a human being
Speaker 1: who can appreciate and someone who through her commitments of
Speaker 1: the coronation, and her religious faith and her sense of
Speaker 1: duty inherited and trained by her father, George the Sex
Speaker 1: and her mother Queens with the Queen Mother someone who
Speaker 1: really quite instinctively looked to try and make a better
Speaker 1: world in a non political way. And I think people
Speaker 1: really appreciated that over the year, as particularly over the
Speaker 1: last twenty years and in the last few years occurred
Speaker 1: when her voice and studies have been a very reassuring element,
Speaker 1: not only to the people of Britain, but two people
Speaker 1: are under Commonwealth and indeed or under the world. I
Speaker 1: think her voice is comfortent to many people, and wisdom
Speaker 1: and kindness and settled values is something that people greatly
Speaker 1: admire in anything, especially in a mono. And this monarch,
Speaker 1: of course, famously never did interviews. She spoke to the
Speaker 1: nation on Christmas Day every year. She met so many
Speaker 1: thousands of people at the events that she attended, and
Speaker 1: she was a major fourth for British diplomacy, for Brand
Speaker 1: Britain right up until the very modern appearances with James
Speaker 1: Bond with the animated Paddington Bear clip that she did
Speaker 1: for the for the platinum Do you believe just talked
Speaker 1: to us about how critical she was for global Britain. Well,
Speaker 1: I think the first thing to say is the reason
Speaker 1: that the British monarchy has survived and prospered over a
Speaker 1: thousand years, with difficult times and good times as well.
Speaker 1: The reason it's survived is that it has been able
Speaker 1: to adapt, and none moreso than in these last seventy
Speaker 1: years have changed since the Second World War. And what
Speaker 1: the Queen has brought is a sort of steady modernizing
Speaker 1: approach to the monarchy whilst remaining herself the same character
Speaker 1: as she was when she stood and melt in Westminster,
Speaker 1: add her coronation, and I think that combination of appearing
Speaker 1: to be the same whilst being open to new ideas
Speaker 1: and new ways of doing things has sad the monarchy
Speaker 1: very well and reflects that the society in the country
Speaker 1: that we now live in. And I think the process
Speaker 1: and embracing change in a very quiet sort of way
Speaker 1: has been very effective, and of course it has been
Speaker 1: admired by other great political figures around the world. Now's
Speaker 1: Mandela Barack Obama. Virtually every American president has valued the
Speaker 1: Queen's and take on things. Her experience is enormous and
Speaker 1: she's used it and projected Britain in a way that
Speaker 1: has been touching to many people. Given that legacy and
Speaker 1: influence of the Queen, what sort of king do you
Speaker 1: think that Charles will be? Well, I think each monarch
Speaker 1: brings his own his or her own style and some
Speaker 1: beliefs of the road, but essentially the cool um uh
Speaker 1: value of the monarchy is to remain politically neutral above
Speaker 1: the politicial prey and to work for society and the
Speaker 1: nation as a whole. And I think the aim very
Speaker 1: much of the Prince of Wales, King Charles the Third
Speaker 1: and of his mother, Queen Elizabeth, was to try to
Speaker 1: make a better world, one that was more tolerant, one
Speaker 1: that was more stable and steady, and one that was
Speaker 1: able to do with adversity as well as with triumph.
Speaker 1: In our thanks to Bloomberg Daybreak eure of bankers Caroline
Speaker 1: Hecker and Stephen Carroll for that conversation with Charles Anson,
Speaker 1: communications consultant and former press secretary to Queen Elizabeth the Second,
Speaker 1: we just got this headline crossing the Bloomberg terminal. King
Speaker 1: Charles the Third has left Balmoral Castle in Scotland. He
Speaker 1: has headed to London today, where he's expected to meet
Speaker 1: with Prime Minister Trust and deliver his first speech to
Speaker 1: the nation as King. Stay with us for continuing coverage.
Speaker 1: This is Bloomberg Bloomberg eleven three oh weather mostly sunny
Speaker 1: today in New York, has near eighty degrees, increasing afternoon
Speaker 1: clouds Tomorrow low eighties with hazy sky, so it will
Speaker 1: be probably the most of the cloudy Sunday, low eighties.
Speaker 1: Right now sixty four in Central Park. Broadcasting live from
Speaker 1: the Bloomberg Interactive Broker Studio in New York. Bloomberg E
Speaker 1: Living Freedom to Washington, d C. Bloomberg to Boston, Bloomberg
Speaker 1: one O six one to San Francisco, Bloomberg sixteen to
Speaker 1: the country, Sirius XM to one and around the globe
Speaker 1: the Bloomberg Business apt in Bloomberg Radio dot Com. This
Speaker 1: is Bloomberg Daybreak. It's six thirty on Wall Street. Good morning.
Speaker 1: I'm Nathan Hagar and I'm Karen Moscow. We are just
Speaker 1: about three hours away from the open of US trading.
Speaker 1: Time to the five things that you need to notice
Speaker 1: start your day. Brought to you by Interactive Brokers. Interactive
Speaker 1: Brokers Global Analysts helps you find a global investment opportunities
Speaker 1: to diversify your portfolio and discover undervalued companies that may
Speaker 1: have greater growth potential. Try ibk our Global Analysts today
Speaker 1: at ib k r dot com slash g A. Reactions
Speaker 1: still pouring into the death of Queen Elizabeth. This second
Speaker 1: Britain's the longest reigning monarch, passed away peacefully at Balmorl
Speaker 1: Council in Scotland yesterday at the age of ninety six.
Speaker 1: Prime Minister List Trust was the first to pay honor
Speaker 1: to the life and work of the Queen. With the
Speaker 1: passing of the Second Elizabethan Age, we are show in
Speaker 1: a new era in the magnificent history of our great country,
Speaker 1: exactly as her Majesty would have wished, by saying the
Speaker 1: words God Save the King. Prime Minister List Trust called
Speaker 1: the Queen the rock on which modern Britain was built.
Speaker 1: King Charles now ascends to the throne, a process that
Speaker 1: will be formalized in a ceremony tomorrow. Karen the Queen
Speaker 1: is being honored by world leaders and public figures far
Speaker 1: and wide. She's remembered fondly for her poise and grace.
Speaker 1: We spoke with former U s Ambassador Anthony Gardner about
Speaker 1: the Queen's legacy. She was respectful the limits of her office,
Speaker 1: but she understood also that she could exercise significant influence
Speaker 1: by being, as symboled by being a steady hand at
Speaker 1: moments that were pretty turbulent, a model of public service.
Speaker 1: And I think you know that that resonates especially today.
Speaker 1: Queen Elizabeth's reign spanned fifteen prime ministers. She marked seventy
Speaker 1: years on the throne just this year. Well, Nathan, now
Speaker 1: King Charles the Third ascents at the top of the monarchy.
Speaker 1: The formal proclamation comes in a ceremony tomorrow. Jonathan Spengler
Speaker 1: is a Royal historian and senior lecturer at Manchester Metropolitan University.
Speaker 1: It will be very interesting over the next couple of
Speaker 1: months to see how much King Charles the Third wants
Speaker 1: to change things. But I have to say that a
Speaker 1: lot of the changes I think have already been made.
Speaker 1: The slimming down of those who actually work and are
Speaker 1: paid to work in the British country and around around
Speaker 1: the world has been significantly reduced, and the amount of
Speaker 1: ceremonial that the family doesnt states day activities has also
Speaker 1: quite significantly been reduced. Jonathan Spangler is a Royal historian
Speaker 1: and senior lecturer at Manchester Metropolitan University. Stay tuned for
Speaker 1: more of that conversation coming up shortly on Bloomberg Daybreak.
Speaker 1: That's the fine things that you need to know about
Speaker 1: the Queen to start your day. Brought to you by
Speaker 1: Interactive Brokers. Thanks hearing at sixty three on Wall Street
Speaker 1: where it's sixty four degrees in Central Park and traffics
Speaker 1: getting heavy on the north shore of Long Island with
Speaker 1: the l I E closed westbound in Rosalind Heights. Details
Speaker 1: come up in traffic. First John Tucker with what else
Speaker 1: is going on in New York and around the world.
Speaker 1: Good morning, John and Nathan Awarding from New Jersey to
Speaker 1: New York stock plans for congestion pricing the story from
Speaker 1: Bloomberg's Lisa Matteo. New Jersey Governor Phil Murphy tells Bloomberg
Speaker 1: New York City's congestion pricing proposal would be a huge
Speaker 1: burden on commuters. Not that against fit, against against pollution.
Speaker 1: We're all for that, but it can't be taken out
Speaker 1: of the backs of New Jersey commuter. Murphy was on
Speaker 1: Bloomberg's Balance of Power with David Weston Manhattan congestion traffic
Speaker 1: pricing would have a proposed per car toll of as
Speaker 1: much as twenty three dollars. People driving from New Jersey
Speaker 1: paytrolls at three river crossings, and Murphy has said he
Speaker 1: would block any attempt to charge them. Twice. Lisa Matteo
Speaker 1: Bloomberg Daybreak, President Biden taking a McDonald Trump for promising
Speaker 1: to pardon rioters who attacked the Capitol, and Warren voters
Speaker 1: against putting Trump's followers in charge of the House or
Speaker 1: Senate in November's elections. Those who love this country, Democrats, independence,
Speaker 1: and mainstream Republicans have to be stronger, more determined, more
Speaker 1: committed to saving American democracy than the magat Republicans are
Speaker 1: to literally just in American Park, he spent bunch of
Speaker 1: an address at the National Harbor Resort assailing the former
Speaker 1: presidents have those who continue to back him after the insurrection.
Speaker 1: The Justice Department will appeal a federal judge's order for
Speaker 1: a special master to review documents the FBI c s
Speaker 1: from former President Donald Trump's Florida home. They say the
Speaker 1: ruling has thwarted a review of the potential national security impact.
Speaker 1: The Department also seeking emergency approval to continue using the
Speaker 1: classified materials that were removed from Mara Lago as part
Speaker 1: of its ongoing criminal investigation into whether Trump or anyone
Speaker 1: else seemed properly mishandled government records. And Kim Jong oong
Speaker 1: has expanded the circumstances under which North Korea would launch
Speaker 1: a nuclear strike, further raising the stakes for any military
Speaker 1: confrontration with the U S and its allies. North Korea
Speaker 1: laid out the new nuclear doctrine in a law approved
Speaker 1: by that country's Supreme People's Congress. Global News twenty four
Speaker 1: hours a day on air and on Bloomberg Quicktake, powered
Speaker 1: by more than twenty seven LUSON analysts. It more than
Speaker 1: one d twenty countries. I'm John Tucker. This is Bloomberg, Nathan.
Speaker 1: Thank you, John. Six thirty five on Wall Street. Let's
Speaker 1: get the Bloomberg Sports update once again with John Stash.
Speaker 1: All right, Nathan, Yankees for going for a four game
Speaker 1: swinge for the Twins. They took an early leading Miguel
Speaker 1: and do our two run over Minnesota win, ahead on
Speaker 1: Carlos Careas two run shot on the eighth. The Yanks
Speaker 1: got closer, but they left the tying run at third
Speaker 1: base in both the eighth and ninth innings. Minnesota with
Speaker 1: a rare win over the Yanks four to three. The
Speaker 1: Yankee lead over Tampa Bay is four and a half.
Speaker 1: They host the Red Hot Rays tonight mets her in Miami.
Speaker 1: The US Open. Easy semifinal win for Ans Jabir of Tunisia.
Speaker 1: She didn't just over an hour and we'll face top
Speaker 1: seeded Igaciontech and tomorrow's women's finals. Sante lost the first
Speaker 1: set with Arena save Nanca. She was down a break
Speaker 1: in the third before rallying to win. Francis Tiapo on
Speaker 1: Center State tonight at Arthur ash stating the first American
Speaker 1: and a Grand Slam Men's semifinals and two thousand nine
Speaker 1: they'll take on Carlos elker as in Tiafa. Will have
Speaker 1: a home quarter advantage of playing front of that crowd.
Speaker 1: Um like you know, that's why you're trying hard, and
Speaker 1: um Hill the role you can do um from and
Speaker 1: go to it. And I just love playing front of
Speaker 1: fact people. I love you know I can do first
Speaker 1: Man Sammy this afternoon and Casper Route of Norway. You
Speaker 1: went against Karen Kachanov. When you win the Super Bowl
Speaker 1: you get to host the first game of the following season.
Speaker 1: So the Rams back at the same stadium in l
Speaker 1: A where they want up in Buffalo dominated the second half,
Speaker 1: won the season open a thirty one to ten, a
Speaker 1: game with seven turnovers. Josh Allen put for nearly three
Speaker 1: hundred yards three touchdowns. He ran for fifty six more
Speaker 1: with another score w NBA Playoffs that Connecticut Sun finished
Speaker 1: the game on eight teen nothing run who won the
Speaker 1: decisive game five with defending champs Chicago and will now
Speaker 1: play Las Vegas for the title. John Stashward, Bloomberg Sports, Nathan, Okay, John,
Speaker 1: thank you. It is sixty seven on Wall Street. As
Speaker 1: we continue our special coverage of the life and enduring
Speaker 1: legacy of the late Queen Elizabeth the Second, we want
Speaker 1: to turn our attention back to the market. Take a
Speaker 1: look at some of the individual names moving in early trading.
Speaker 1: Bloomberg Radio and TV Markets correspondent Pretty Gupta is with
Speaker 1: us this morning. Pretty, where do you want to start?
Speaker 1: You know, Nathan, it's a hard day to pick some
Speaker 1: stock movers um just just given the news, I'm gonna
Speaker 1: give it a world here you are seeing futures higher
Speaker 1: to the tune about nine tenths of one percent. So
Speaker 1: when you see a stock beat that kind of rally,
Speaker 1: even in the pre market, it's going to be pretty significant.
Speaker 1: Docu Science, what I have my eye on d O
Speaker 1: c U is your takers shares are about seventeen percent
Speaker 1: in the pre market. Soaring on some earnings results is
Speaker 1: really all about the billings here. They are actually coming
Speaker 1: out and saying that their billings forecasts are going to
Speaker 1: be higher for the full year. Remember we're looking at
Speaker 1: a time where any forecasts, any guidance that's actually positive
Speaker 1: going into the year end uh and into next year
Speaker 1: is going to be a good sign. Analyst specifically saying
Speaker 1: the results showed some improvement for the company that you
Speaker 1: know has seen a shares really collapse. Remember Docus as
Speaker 1: part of the pandemic trade. Essentially all those kind of
Speaker 1: company is like Zoom, like Peloton that basically had a
Speaker 1: round trip in their share price through twenty through one.
Speaker 1: That being said, the standard, it feels like disclaimer for
Speaker 1: a lot of these companies is that they are cautious
Speaker 1: about a worsening macro environment, and Docu Signed is no
Speaker 1: exception um really saying, you know, be careful about what
Speaker 1: those macro risks can bring. Yeah, we're really seeing tech
Speaker 1: shares once again lead the way this morning, and really
Speaker 1: seeing a surge in bitcoin as well. We are, and
Speaker 1: it kind of rallies in and and has a ripple
Speaker 1: effect and some of those bitcoin miners and other crypto
Speaker 1: exposed dox Marathon Digital is one example. M A r
Speaker 1: A is your taker up about eleven percent in the
Speaker 1: pre market, and this is significant. We have Bitcoin up
Speaker 1: about and we'll just shrive eight percent this morning, So
Speaker 1: this is going to be significant when we talk about
Speaker 1: simply the amount of of ways to play crypto right
Speaker 1: now through the stock market. And of course remember a
Speaker 1: lot of these companies, the minor specifically have actified moves
Speaker 1: coming out of bitcoin and bitcoin right now looking into
Speaker 1: two standard deviation move. So you can also almost expect
Speaker 1: that a reaction in the stock, especially at the market open,
Speaker 1: is likely to be um even bigger than that which
Speaker 1: is which is certainly something worth noting. Nathan, I want
Speaker 1: to take my last thirty seconds here and give you
Speaker 1: z Scaler because this is a really important company when
Speaker 1: it comes to application software through cybersecurity as as well.
Speaker 1: We know this has been a major theme for a
Speaker 1: lot of companies. Switching to cloud and switching to UM
Speaker 1: just kind of ramp up the security in their systems,
Speaker 1: especially after the war. Ukraine really began z S as
Speaker 1: your taker here, up about thirteen percent. They also reported
Speaker 1: earnings yesterday beat expectations. Give an outlook that's very strong,
Speaker 1: analysts specifically pointing out the billing story that's really where
Speaker 1: they want a lot of favor and and showing up
Speaker 1: in the stock market this morning. Thanks for this creaty
Speaker 1: good having you on with a Sploomberg Radio and TV
Speaker 1: markets correspondent, creating grouped as we take a look at
Speaker 1: the market ahead of the open on this Friday morning, Uh,
Speaker 1: we're seeing risk on really it's SMP futures up by
Speaker 1: thirty six points right now. Down Future is up tune
Speaker 1: at fifty eight points. NASTACK futures up hundred forty one
Speaker 1: points dollar week or this morning, the Bloomberg dollars spott
Speaker 1: indext is down nine tenths of one per cent. You're
Speaker 1: listening to Bloomberg Daybreak Bloomberg eleven three oh Weather mostly sunny,
Speaker 1: a higher eighty degrees today morning, sunshine tomorrow, but clouds
Speaker 1: will increase tomorrow afternoon hazy skies low eighties, partly the
Speaker 1: mostly cloudy Sunday low eighties, sixty four degrees. Right now, markets,
Speaker 1: headlines and breaking news twenty four hours a day at
Speaker 1: Bloomberg dot Com, the Bloomberg Business at and at Bloomberg
Speaker 1: Quick Tape. He's a Bloomberg Business Flash, and I'm Karen
Speaker 1: Moscow futures higher this morning. We get to the first
Speaker 1: Word breaking news desk for today's morning call, and here's
Speaker 1: Bill Maloney. Bill good morening, and good morning, Karen. That's right.
Speaker 1: US futures with a bid right now without futures up
Speaker 1: two hundred and seventy five point says he's gained thirty
Speaker 1: nine will Nasdaq features are up by a hundred and
Speaker 1: fifty seven. The US ten year at three point to
Speaker 1: six percent, Gold is up eighteen Oil trading higher, and
Speaker 1: bitcoin is up a whopping eight point eight percent. Hong
Speaker 1: Kong Ro's two point seven percent overnight, while e UPM
Speaker 1: markets are also in the green this morning and back
Speaker 1: in the US on the economic front. At ten o'clock,
Speaker 1: hostale inventories after the LS night DOCU sign boosted. It's
Speaker 1: bysically your subscription revenue forecast. Shares are up seventeen percent
Speaker 1: in the pre market and regarding earnings this morning, look
Speaker 1: for Kroger to report in the pre market and other news.
Speaker 1: No More is the latest bank to boost its forecast
Speaker 1: for the FED, hiking rates and wrapping things up. Regeneral
Speaker 1: and was raised to hold over at Jeffrey's. American Water
Speaker 1: was raised to neutral over at JP. Morgan Live from
Speaker 1: the First Breaking News descom Bill Maloney Careen, all right, Bill,
Speaker 1: thank you to hear live breaking news over your Bloomberg
Speaker 1: tip smalk on your terminal SCU. You a w K
Speaker 1: and that's a Bloomberg business flash. Now here's John Talk
Speaker 1: here with more on what's going on around the world.
Speaker 1: John and Karen Charles, the eldest of Queen Elizabeth's sports children,
Speaker 1: will be formally proclaimed King of England in a ceremony tomorrow.
Speaker 1: He becomes the oldest person to ascend to the throne
Speaker 1: in the UK. Here in the US, the Justice Department's
Speaker 1: gonna appeal with fellow judge's order for a special Master
Speaker 1: in the Trump Documents case. The d o J says
Speaker 1: the ruling thwarts or review of the potential national security
Speaker 1: impact and California faces the dual threat of blackouts from
Speaker 1: an overwhelmed grid as well as from the risk of
Speaker 1: wildfires as the punishing heatwave continues. Sports. The NFL season
Speaker 1: kicked off last night with the Buffalo Bills beating the
Speaker 1: reigning champion Los Angeles Rams thirty one to ten Yankees
Speaker 1: field of the Twins forty three. The Nationals won over
Speaker 1: the Cardinals, Reds beat the Cobs, the Marlins beat the Phillies,
Speaker 1: White Sox one big over the A's, and the Brewers
Speaker 1: swept the Giants in a doubleheader. Global News twenty four
Speaker 1: hours a day on air and on blueber Quicktake Power
Speaker 1: by more dred journalists and analysts in more than one
Speaker 1: twenty countries of John Tucker. This is Bloomberg. Karen, all right, John,
Speaker 1: thank you. It is sixty nine on Wall Street, and
Speaker 1: we turn to news and science and technology now with
Speaker 1: a Bloomberg n j I T Stammer Report. It is
Speaker 1: brought to you by on New Jersey Institute of Technology.
Speaker 1: It's New Jersey Institute of Technology tech LIMB and j
Speaker 1: I T S nine President is committed to strengthening and
Speaker 1: growing n j I T S industry partnerships. To improve
Speaker 1: student opportunities and outcomes. Learn more at n j I
Speaker 1: T dot, E d U and here's US making news
Speaker 1: and science, technology, engineering, and math. PayPal might have a
Speaker 1: new rival when it comes to making quick online purchases.
Speaker 1: London based fin tech company Revolute is launching a new
Speaker 1: one click payment app and have already signed up some
Speaker 1: major retailers to use the service, including Shopify. Revolute will
Speaker 1: also allow consumers to earn cash back on purchases. The
Speaker 1: US is hoping to help get rid of some space junk.
Speaker 1: F SEC regulators are looking to create new guidelines that
Speaker 1: would require space operators to bring satellites, discarded rocket corps,
Speaker 1: and other space debris out of orbit within five years
Speaker 1: of them ending service. The goal is to eliminate debris
Speaker 1: to make future space missions easier to navigate. And BMW
Speaker 1: wants to buy electric vehicle batteries from six new factories.
Speaker 1: The world's biggest luxury carmaker is revamping its supply chain. Europe, China,
Speaker 1: and North America will get two plants each producing lithium
Speaker 1: ion cells that would last longer, charge faster, and cost less.
Speaker 1: And that's a Bloomberg and j I T STEM report Nathan,
Speaker 1: Thank you, Karen. We are live from the Bloomberg Interactive
Speaker 1: Broker studios, where it's coming up to six one on
Speaker 1: Wall Street Time now to check what's going on in
Speaker 1: d C. Some of the top stories in our nation's
Speaker 1: capital include tributes to Queen Elizabeth the Second pouring in
Speaker 1: from the White House to Capitol Hill, President Biden rallying
Speaker 1: Democrats with a tax on former President Trump and his supporters,
Speaker 1: and the Justice Department appealing the special Master review at
Speaker 1: maral Lago. For more, we're joined from our Bloomberg enty
Speaker 1: nine one studios in the Nation's capital by Bloomberg Government
Speaker 1: reporter Emily Wilkins. Emily, it's really difficult to sort of
Speaker 1: encapsulate the amazing impact that Queen Elizabeth the Second had,
Speaker 1: not just on her own country, but here in the US.
Speaker 1: I mean, you think about it. She knew nearly one
Speaker 1: in four presidents. It's amazing. It really is incredible, Nathan.
Speaker 1: I mean, just the longevity of her tenure, what she
Speaker 1: stood for, what she represented. I mean, as you mentioned,
Speaker 1: you know, she's met most of the U s sitting presidents,
Speaker 1: a really high percentage for just one person. Uh, she's
Speaker 1: uh set there were fourteen US presidents that were sitting
Speaker 1: while she was on the throne. She met with thirteen
Speaker 1: of them. She had some sort of correspondence in relationship
Speaker 1: with all of them. You saw tributes not only from
Speaker 1: current President Joe Biden, but also past presidents including Donald Trump,
Speaker 1: Barack Obama. Certainly this is something that that's very much
Speaker 1: cross party lines in terms of morning her passing. And
Speaker 1: you saw President Joe Biden make a stop last night
Speaker 1: at the British Embassy, UH, signing a book there, um,
Speaker 1: you know, giving his condolences UH to the Queen. And
Speaker 1: he began a speech last night, his first public appearance
Speaker 1: since her passing, UM, by calling the Queen an incredibly
Speaker 1: gracious and decent woman. Of course, he he shifted into
Speaker 1: politics pretty quickly after that. UM. But the flags are
Speaker 1: at half massed at the Capitol and the White House, UM,
Speaker 1: and we expect to be seen continued tributes from utap
Speaker 1: US officials. And you think back to all the times
Speaker 1: that the Queen visited this country and the nation's capital
Speaker 1: as well. I'm sure Emily a lot of members of
Speaker 1: Congress are giving their own tributes as well. Yes, I
Speaker 1: remember the Queen did address a joint meeting of Congress.
Speaker 1: That's not something that's incredibly common to happen. Uh, Congress
Speaker 1: really doesn't get together in a joint session except for
Speaker 1: really really major speeches. Um, and you know she did.
Speaker 1: She went across US the country. She's visited multiple parts
Speaker 1: of the U s she was I think it was
Speaker 1: former President George W. Bush who took her to h
Speaker 1: to a baseball game with the Orioles and the Oakland A's.
Speaker 1: So certainly, you know, she had that relationship with folks
Speaker 1: in the US. And and certainly there are many touching
Speaker 1: tributes that are now pouring in, not just from American officials,
Speaker 1: but also stories from just regular folks who who crossed
Speaker 1: paths with her at one point orre inspired by her.
Speaker 1: I know it's early yet. I mean, we're still trying
Speaker 1: to figure out the details of just how the the
Speaker 1: ceremonies and remembrances are going to happen in the UK.
Speaker 1: But are we getting in the indication of how the
Speaker 1: US plans to take part in what's going to be
Speaker 1: happening over the next of ten days of morning in London? Well,
Speaker 1: the Daily Mail actually asked President Biden last night after
Speaker 1: his speech if he would be going to the funeral
Speaker 1: for the queen, and he indicated that he would be. Uh,
Speaker 1: we're going to be seen some symbolic jesters. The House
Speaker 1: is going to um pass a tribute to her on
Speaker 1: Tuesday when they come back, and then a journ in
Speaker 1: her name. We're expecting to see similar things in the Senate.
Speaker 1: That this really isn't going to impact the House schedule
Speaker 1: or the Senate schedule much. Congress is still going to
Speaker 1: be doing their duties. But I'm sure we will hear
Speaker 1: of more folks who are going to be crossing the pond,
Speaker 1: going to be heading to to England as we start
Speaker 1: to get more details about what those arrangements look like. Now,
Speaker 1: let's talk a little bit more about that appearance that
Speaker 1: the President gave at the Democratic Committee meeting last night
Speaker 1: just outside Washington, d C. As you mentioned, it did
Speaker 1: turn to politics pretty quickly after the tribute to the queen. Oh, yeah,
Speaker 1: very very quickly. And you know this, of course, is
Speaker 1: is Biden in very friendly territory. He's talking to a
Speaker 1: group of people who are all actively working every day
Speaker 1: to make sure that Democrats are elected in the mid terms.
Speaker 1: Um and Biden, you he his speech did Dutch a
Speaker 1: little bit on the accomplishments of his administration, but we
Speaker 1: are really seeing him lean in to going after Trump,
Speaker 1: into tying Republicans to Trump and trying to paint the
Speaker 1: entire party as extremists. He talked in his speech last
Speaker 1: night about the rioters who mobbed the capital on January six,
Speaker 1: and how Trump is now talking about offering them pardons
Speaker 1: and and kind of granting them that forgiveness. And you know,
Speaker 1: for Biden, this is a way to sort of tie
Speaker 1: all Republicans to the extremes that we saw at the Capitol,
Speaker 1: even though of course many Republicans have come out and
Speaker 1: uh and condemned what happened on January six. Um. But
Speaker 1: this is something that we're going to be seeing much
Speaker 1: more of. Of course, this coincides with the continuation of
Speaker 1: the January six Committee in the House. We know that
Speaker 1: they're expected to hold some hearings coming up this month.
Speaker 1: Punch Bowle News reporting this morning that they could come
Speaker 1: in late September, which of course obviously puts it a
Speaker 1: little bit closer to the November elections. UM. So this
Speaker 1: is something that I think you're going to see Democrats
Speaker 1: continue to talk about I expect anywards the phrase maga
Speaker 1: republican uh to be used quite a bit in the
Speaker 1: next few weeks. Now we've heard it quite a lot. Actually,
Speaker 1: haven't wait. In our last minute here Emily tell us
Speaker 1: more about this Justice Department appeal of the special Master ruling,
Speaker 1: the continued saga of the classified documents. So, if you
Speaker 1: remember the other week, Trump basically said, hey, I want
Speaker 1: a third party, a so called special master, to please
Speaker 1: review these documents and kind of say, you know, this
Speaker 1: is what the FBI can have, but you know these
Speaker 1: these belong to Trump and and he can have them back.
Speaker 1: UM and the Department of Justice has now filed an
Speaker 1: appeal to that ruling, basically saying that the ruling was
Speaker 1: really confusing. They want to know if they can continue
Speaker 1: to use the documents they contained as part of their
Speaker 1: investigation is to whether Trump or anyone else mishandled government records.
Speaker 1: How they say that a current risk assessment being done
Speaker 1: on the documents has been put on hold because of
Speaker 1: confusion over the judge's ruling. UM and the d o
Speaker 1: J is also of course arguing that this ruling this
Speaker 1: delay that will need to take place for this third
Speaker 1: party to look through all the documents that could wind
Speaker 1: up being a national security risk. So this appeal was expected.
Speaker 1: I think at this point we're just waiting to see
Speaker 1: what the result is going to be. Certainly, this is
Speaker 1: a probably not the last time all the courts are
Speaker 1: going to be involved with what's happening with these documents understatement.
Speaker 1: Once again, thanks Emily, really good having it on with
Speaker 1: us this morning. Bloomberg Government reporter Emily Wilkins. Read more
Speaker 1: on Bloomberg dot com or on the Bloomberg Terminal. Listen
Speaker 1: to Bloomberg Radio in Washington at Bloomberg and one oh
Speaker 1: five point seven FM h D two, where our special
Speaker 1: coverage on the life and continuing legacy of the late
Speaker 1: Queen Elizabeth the Second continues on Bloomberg Surveillance with Tom Keene,
Speaker 1: Jonathan Farroll, and Lisa Abramo. Its broadcasting from our European
Speaker 1: headquarters in London. For Karen Moscow. I'm Nathan Hagar. This
Speaker 1: is Bloomberg