WEBVTT - Bloomberg Daybreak: September 9, 2022 - Hour 2 (Radio) 0:00:03.200 --> 0:00:06.480 Live from the Bloomberg Interactive Brooker's studios. This is Bloomberg 0:00:06.600 --> 0:00:10.240 Daybreak for a Friday, September nine two. Coming up this shour, 0:00:10.560 --> 0:00:14.079 the world remembers Queen Elizabeth the Second. Leaders across the 0:00:14.120 --> 0:00:17.600 globe pay their respect to her historic rain and her legacy. 0:00:17.800 --> 0:00:19.799 The UK marks the end of an era, but the 0:00:19.840 --> 0:00:22.520 start of ten days of Morning, and King Charles is 0:00:22.600 --> 0:00:24.840 sent to the throne, the oldest person to do so 0:00:25.000 --> 0:00:28.400 in British history. The Justice Department will appeal that Trump's 0:00:28.400 --> 0:00:31.960 Special Master order. The Governor Murphy takes aim at Manhattan's 0:00:32.000 --> 0:00:35.840 congestion pricing plan. I'm John Tucker. Those stories straight ahead. 0:00:36.000 --> 0:00:38.720 I'm John Stage. Sports. A Yankee rally came up short 0:00:38.720 --> 0:00:41.159 against the Twins. The Bills beat the Rams to kick 0:00:41.200 --> 0:00:46.440 off the NFL season. That's all's training ahead on Bloomberg 0:00:46.479 --> 0:00:51.560 Daybreak on Bloomberg eleven, Free on New York, Bloomberg one, Washington, 0:00:51.680 --> 0:00:55.800 d C, Bloomberg one six one, Boston, Bloomberg nine sixties, 0:00:55.800 --> 0:00:59.600 San Francisco, Syrius x M one nine team, and around 0:00:59.600 --> 0:01:02.480 the world on Bloomberg Radio dot Com and via The 0:01:02.480 --> 0:01:10.039 Bloomberg Business. Good Morning, I'm Nathan Hagar and I'm Karen 0:01:10.120 --> 0:01:13.600 Moscow and US DOT Index futures are higher this morning. 0:01:13.600 --> 0:01:15.560 We are coming up to six oh one on Wall Street. 0:01:15.600 --> 0:01:18.200 We checked the markets every fifteen minutes throughout the trading day. 0:01:18.280 --> 0:01:20.640 On Bloomberg, Guess and P future is up thirty one 0:01:20.640 --> 0:01:23.560 point this morning. Down futures have two D twenty four 0:01:23.600 --> 0:01:27.720 and nasday futures up one nine. Nathan Karen. Reaction is 0:01:27.760 --> 0:01:31.040 still pouring in after the death of Queen Elizabeth the Second, 0:01:31.440 --> 0:01:35.080 the UK's longest reigning monarch, passed away peacefully at Balmoral 0:01:35.200 --> 0:01:38.520 Castle in Scotland yesterday at the age of nineties six. 0:01:38.720 --> 0:01:41.080 Prime Minister Liz Trust was first to pay honor to 0:01:41.120 --> 0:01:43.920 the life and work of the Queen. Queen Elizabeth the 0:01:43.959 --> 0:01:50.000 Second leaves a great legacy. Today the crown passes, as 0:01:50.000 --> 0:01:53.080 it has done for more than a thousand years, to 0:01:53.280 --> 0:01:57.160 our new Monarch, our new head of State, His Majesty 0:01:57.600 --> 0:02:01.200 King Charles the Third. Prime Ministers Trust called the Queen 0:02:01.240 --> 0:02:04.000 the rock on which modern Britain was built. Trust was 0:02:04.040 --> 0:02:08.000 appointed by the Queen just this week. Well, Nathan, Leaders 0:02:08.040 --> 0:02:11.160 across the world they're also paying their respects to the Queen. 0:02:11.320 --> 0:02:14.320 Here in the US, President Joe Biden addressed the loss 0:02:14.320 --> 0:02:17.960 at a reception for the Democratic and National Committee in Maryland. 0:02:18.200 --> 0:02:20.720 By the opportunity to meet before she passed, and she 0:02:20.840 --> 0:02:24.200 was an incredibly gracious and decent woman. The thoughts and 0:02:24.240 --> 0:02:26.840 prayers of the American people are with the people of 0:02:26.840 --> 0:02:29.840 the United Kingdom and the Commonwealth and their grief. Hillary 0:02:29.880 --> 0:02:33.480 Clinton is also remembering her majesty. The former First Lady 0:02:33.520 --> 0:02:36.520 and Secretary of State says she was lucky enough to 0:02:36.600 --> 0:02:40.360 meet her Majesty on several occasions. She was a curious, 0:02:40.800 --> 0:02:46.880 highly intelligent person who really wanted to learn what you 0:02:46.960 --> 0:02:50.240 knew and how it would fit into the world. And 0:02:50.320 --> 0:02:52.880 back in the UK, there's been a profound loss felt. 0:02:52.880 --> 0:02:56.359 In Scotland, First Minister and Nicolas Sturgeon describes the death 0:02:56.400 --> 0:03:00.160 of the Queen as a moment of acute loss and sadness. 0:03:00.160 --> 0:03:04.120 For more than seventy years, Queen Elizabeth has been the 0:03:04.160 --> 0:03:09.200 great constant in our national life. She has inspired us 0:03:09.760 --> 0:03:14.760 on occasion, comfort he does and always personified values we 0:03:14.840 --> 0:03:18.480 hold dear and In Canada, Prime Minister Justin Trudeau delivered 0:03:18.520 --> 0:03:20.840 a poignant speech on the legacy of the Queen and 0:03:20.880 --> 0:03:25.560 her importance to him and his country in a complicated world. 0:03:26.240 --> 0:03:33.359 Her steady grace and resolve brought comfort and strength to us. 0:03:33.360 --> 0:03:37.280 All Canada is in mourning. She was one of my 0:03:37.320 --> 0:03:40.680 favorite people in the world and I will miss herself. 0:03:41.240 --> 0:03:44.480 Prime Minister Justin Trudeau said he's in disbelief over her 0:03:44.560 --> 0:03:47.920 death and that Canada is in mourning caring. Outside of 0:03:47.920 --> 0:03:50.240 world leaders, we're hearing from people who had a close 0:03:50.320 --> 0:03:54.320 personal relationship with the Queen. We spoke with former advisor 0:03:54.400 --> 0:03:56.800 to the Queen, Mary McLeod, who says her majesty was 0:03:56.800 --> 0:04:00.200 an empowering role model. She will be remembered. I thing 0:04:00.320 --> 0:04:03.280 really as an as an inspiration, and I grew up 0:04:03.320 --> 0:04:05.560 thinking I could achieve anything. There was a female monarch, 0:04:05.600 --> 0:04:08.760 our female prime minister. I mean it's really she has 0:04:08.880 --> 0:04:11.680 been there for for everyone throughout their lives and as 0:04:11.680 --> 0:04:15.960 her devotion, her life of service. A real selfless leader 0:04:16.560 --> 0:04:20.120 is how I think everyone is is remembering her. Mary 0:04:20.200 --> 0:04:22.640 McLeod is a former member of Parliament and adviser to 0:04:22.720 --> 0:04:25.720 Queen Elizabeth the Second. She spoke with Bloomberg Radio earlier 0:04:25.760 --> 0:04:28.360 this morning. Well, Nathan, the death of the Queen kicks 0:04:28.400 --> 0:04:31.120 off ten days of mourning in the UK. We get 0:04:31.120 --> 0:04:35.440 the details on that from Bloomberg Daybreaking Europe anchor Caroline Hepger, 0:04:35.480 --> 0:04:38.440 who joins us from London. Good morning, Caroline, Good morning 0:04:38.520 --> 0:04:41.599 Karen and Nathan. We had all perhaps prepared ourselves for 0:04:41.640 --> 0:04:43.680 the death of the Queen, but when it came it 0:04:43.800 --> 0:04:46.200 was still a shock and a moment of grief. For 0:04:46.279 --> 0:04:49.560 many flags are now flying at half mast. Tributes from 0:04:49.560 --> 0:04:52.560 politicians at home and abroad for her long reign and 0:04:52.600 --> 0:04:56.719 particularly her dedication to public service of being made. In 0:04:56.760 --> 0:04:59.800 the coming days. The Queen's body will return from Scotland 0:04:59.839 --> 0:05:02.760 to London. She will lie in state in Westminster Hall, 0:05:02.800 --> 0:05:05.200 in the heart of Parliament, where the public will be 0:05:05.240 --> 0:05:08.400 able to pay their own respects. We have no date yet, 0:05:08.440 --> 0:05:10.799 but the state funeral for the Queen will take place 0:05:11.040 --> 0:05:15.160 at Westminster Abbey, in the very place where Elizabeth Alexandra 0:05:15.320 --> 0:05:19.440 Mary Windsor married Prince Philip in ninety seven and where 0:05:19.520 --> 0:05:23.240 she was crowned Queen in nineteen fifty three. Live in London. 0:05:23.320 --> 0:05:27.000 I'm Caroline Hpke Bloomberg Radio, Caroline Banks. There's also the 0:05:27.080 --> 0:05:30.000 future of the monarchy to consider at this moment. Charles 0:05:30.000 --> 0:05:32.640 the Third will soon be formally proclaimed King in a 0:05:32.760 --> 0:05:36.760 ceremony dating back hundreds of years. Bloomberg Daybreak. You're a banker, 0:05:36.800 --> 0:05:40.560 Stephen Carroll, also in London now with the details on that. 0:05:40.720 --> 0:05:43.280 Good morning, Stephen, Good morning, Nathan and Kareny. Are the 0:05:43.320 --> 0:05:45.680 meeting of the Accession Council, as it's known, due to 0:05:45.720 --> 0:05:49.080 take place tomorrow with that former proclamation will take place. 0:05:49.160 --> 0:05:51.560 It's a group that includes members of the Privy Council, 0:05:51.640 --> 0:05:55.400 historically the sovereign's most trusted advisers. Also president will be 0:05:55.440 --> 0:05:58.080 officials in the City of London and from the Commonwealth. 0:05:58.440 --> 0:06:01.480 At seventy three, Charles is the oldest person who exceeds 0:06:01.520 --> 0:06:03.960 the throne in British history. He'll now have to steer 0:06:04.000 --> 0:06:07.400 the monarchy in a country that's altered beyond recognition since 0:06:07.400 --> 0:06:10.920 his mother's succession in ninety two. Live in London. I'm 0:06:10.920 --> 0:06:14.120 Stephen Carroll, Bloomberg Daybreak. All right, Stephen, thank you, and 0:06:14.240 --> 0:06:17.320 King Charles now has big shoes to fill, taking over 0:06:17.360 --> 0:06:20.640 from the longest reigning monarch in British history. To get 0:06:20.680 --> 0:06:24.520 perspective now from Anthony Gardner, former U S Ambassador to 0:06:24.520 --> 0:06:28.120 the European Union under President Obama, Well, I think he 0:06:28.120 --> 0:06:30.760 will try to respect the some of the recipe of 0:06:30.800 --> 0:06:35.120 what made her a success. It may be difficult because 0:06:35.640 --> 0:06:38.080 he is a person with the views and by the way, 0:06:38.120 --> 0:06:41.200 I think he's underestimated. He said things and believe things 0:06:41.279 --> 0:06:45.280 well before they were widely believed or said I'm thinking 0:06:45.320 --> 0:06:49.080 of certainly the environment well before his time, well before 0:06:49.080 --> 0:06:52.720 his time. Former U S Ambassador Anthony Gardner was a 0:06:52.760 --> 0:06:55.800 guest on Bloomberg Sound on which Joe Matthew catched the 0:06:55.800 --> 0:06:59.360 program weekdays at five pm Eastern on Bloomberg Radio. And 0:06:59.520 --> 0:07:02.440 looking to the market open on Wall Street this morning, Karen, 0:07:02.520 --> 0:07:06.200 futures are moving higher, SMP futures are up thirty points, 0:07:06.200 --> 0:07:09.560 staff futures up two D fifteen, NASDAC futures up one 0:07:10.240 --> 0:07:13.360 three points, and the tenure treasury is of fifteen thirty seconds, 0:07:13.600 --> 0:07:16.440 the yield three point to six percent. Straight ahead your 0:07:16.480 --> 0:07:19.160 latest local headlines in the check of sports. This is 0:07:19.240 --> 0:07:25.120 Bloomberg at six oh seven on Wall Street where at 0:07:25.120 --> 0:07:28.680 sixty four degrees in Central Park, an accident investigation as 0:07:28.680 --> 0:07:31.480 the westbound l I E closed between its thirty six 0:07:31.480 --> 0:07:34.240 and thirty four More coming up in traffic. First, John 0:07:34.240 --> 0:07:35.960 Tucker with what else is going on in New York 0:07:36.000 --> 0:07:38.120 and around the world. Good morning John, Good morning Nathan. 0:07:38.160 --> 0:07:41.800 The Justice Department will appeal the Trump's special master order. 0:07:42.080 --> 0:07:45.160 The story this morning from Bloomberg's Jeff Bellinger. The d 0:07:45.240 --> 0:07:47.520 o J filed the notice of appeal with the U. S. 0:07:47.560 --> 0:07:50.520 District Court in the Southern District of Florida. They are 0:07:50.560 --> 0:07:53.520 asking the higher court to reverse a federal judge's order 0:07:53.600 --> 0:07:56.720 for a special master to review documents the FBI s 0:07:56.800 --> 0:08:00.840 east from former President Donald Trump's Florida home. The Department 0:08:00.840 --> 0:08:03.840 says the ruling has impeded a review of the potential 0:08:03.920 --> 0:08:08.400 national security impact. The Department also is seeking emergency approval 0:08:08.480 --> 0:08:12.200 to continue using the classified materials that were removed from 0:08:12.240 --> 0:08:16.200 our lago as part of its ongoing criminal investigation into 0:08:16.200 --> 0:08:20.800 whether Trump mishandled government records. In a decision roundly criticized 0:08:20.840 --> 0:08:25.360 by legal experts, US District Judge Eileen Cannon granted Trump's 0:08:25.360 --> 0:08:29.040 request for a so called special master and temporarily barred 0:08:29.040 --> 0:08:32.920 the government from using the documents to develop its criminal investigation. 0:08:33.440 --> 0:08:36.480 Jeff Bellinger Bloomberg Daybreak is shipping it to be a 0:08:36.520 --> 0:08:39.920 border war of words. New Jersey Governor Phil Murphy says 0:08:40.000 --> 0:08:43.200 New York City's congestion pricing proposal can't be on the 0:08:43.240 --> 0:08:46.200 backs of New Jersey commuters. I'm gonna stand up and 0:08:46.240 --> 0:08:49.360 I will not relent on behalf of our our taxpayers. 0:08:49.440 --> 0:08:53.559 Interviewers Murphy's speaking of Bloomberg's balance of power with David 0:08:53.600 --> 0:08:56.080 West and New York City is moving to our Manhattan 0:08:56.080 --> 0:08:58.720 congestion pricing with a proposed toll of as much as 0:08:58.760 --> 0:09:01.760 twenty three dollars for a white House. Strategists see that 0:09:01.920 --> 0:09:04.400 a vast a fight a New York case accusing him 0:09:04.400 --> 0:09:07.560 of defrauding thousands of contributors to a privately funded US 0:09:07.640 --> 0:09:11.480 Mexico border wall of more than fifteen million dollars ben 0:09:11.480 --> 0:09:14.600 and pleading not guilty to money laundering, fraud, and conspiracy 0:09:14.679 --> 0:09:18.440 charges and are walking into a Lower Manhattan courtroom and handcuffs. 0:09:18.720 --> 0:09:22.800 He was released after turning over his passport. And the 0:09:22.880 --> 0:09:25.439 US has offered two point eight billion dollars in weapons 0:09:25.440 --> 0:09:28.480 and military finance in the Ukraine in its neighbors, as 0:09:28.520 --> 0:09:31.640 the Biden administration attempts to shore up Allied unity in 0:09:31.679 --> 0:09:34.240 the face of Russian threats to cut off fossil fuel 0:09:34.280 --> 0:09:38.280 exports and a looming energy crisis. Global news twenty four 0:09:38.320 --> 0:09:40.960 hours a day on Aeron on Bloomberg Quicktake. We're powered 0:09:41.000 --> 0:09:43.360 by more than twenty seven hundred journalist and analysts and 0:09:43.440 --> 0:09:46.520 more than one twenty countries. I'm John Tucker and this 0:09:47.120 --> 0:09:55.160 is Bloomberg Nathan. Thanks John six o nine on Wall Street. 0:09:55.240 --> 0:09:58.040 Time for the Bloomberg Sports Update. Good morning, John Stoshop, 0:09:58.120 --> 0:10:00.840 Good morning Navan. Yankees began today place seen yet another 0:10:00.960 --> 0:10:03.800 key player on their very crowded injured list, d J. 0:10:04.000 --> 0:10:06.600 Le May, who has been struggling playing with a bad toe. 0:10:06.720 --> 0:10:10.240 So another makeshift lineup. Isaiah kinder Feliffa was the yankst 0:10:10.240 --> 0:10:13.079 clean up hitter. Marwin Gonzalez bat at fifth. He got 0:10:13.120 --> 0:10:14.800 early two on homber from Miguel and do Are, but 0:10:14.840 --> 0:10:17.120 the Twins tie the game fifth inning, and then in 0:10:17.160 --> 0:10:19.280 the eight want to pitch a floodball on left field 0:10:19.280 --> 0:10:24.880 and deep packet goals, deep it goals and gone Carlos career. 0:10:25.120 --> 0:10:29.240 There's his signature moment. Biggest swing is a Twin go 0:10:29.360 --> 0:10:32.400 ahead eighth inning two run homer and the Twins take 0:10:32.440 --> 0:10:34.720 a four two league. I Ben at the call Yanks 0:10:34.800 --> 0:10:36.800 Dad a run of the eighth had the bases loaded 0:10:36.800 --> 0:10:38.600 with the one out bottom of the night. They failed 0:10:38.600 --> 0:10:41.640 to score in Minnesota won for three to avoid getting sweat. 0:10:41.640 --> 0:10:44.400 Big Series starts tonight at the Stadium. Tampa Bay comes 0:10:44.400 --> 0:10:46.760 in having won fourteen and the last seventeen, the Raids 0:10:46.800 --> 0:10:48.920 of four and a half games behind the Yanks. Mets 0:10:48.920 --> 0:10:51.120 start the weekend half game ahead of Atlanta. Mets tonight 0:10:51.200 --> 0:10:54.679 visit Miami and the MLB Competition Committee expected to vote 0:10:54.720 --> 0:10:58.160 today on significant rule changes for next season, the implementation 0:10:58.200 --> 0:11:01.040 of a pitch cloth and the element Asian of defensive 0:11:01.160 --> 0:11:05.000 shifts on jabber of Tunis Jaygo, Sian Tiko poland the 0:11:05.040 --> 0:11:08.560 semifinal winners at the US Open. They'll play tomorrow the championship. 0:11:08.600 --> 0:11:11.280 Now it's the men's semis, highlighted by the match tonight 0:11:11.320 --> 0:11:15.400 the American Francis Tiafo against the young Spaniard Carlos Alcarez. 0:11:15.480 --> 0:11:18.160 Buffalo Bill's nearly amazed in the Super Bowl last season, 0:11:18.520 --> 0:11:20.360 the favorite of many to get there this year, they 0:11:20.400 --> 0:11:22.839 opened up in l A a thirty one to ten 0:11:23.000 --> 0:11:25.360 rout of the defending Super Bowl champion Rams Josh Allen 0:11:25.360 --> 0:11:28.520 from nearly three hundred yard three touchdowns while Matthew Stafford 0:11:28.559 --> 0:11:30.760 was intercepted three times. The Rangers have hired their long 0:11:30.760 --> 0:11:34.000 time star goalie Henrik Lunkwist for a mostly business position. 0:11:34.280 --> 0:11:37.640 John Stashward, Bloomberg Sports Nathan, thanks for that, John S 0:11:37.720 --> 0:11:39.960 and p Futures Right now we're up twenty eight points. 0:11:40.040 --> 0:11:43.160 Stow Futures up two hundred eight Nastac Futures are hired 0:11:43.200 --> 0:11:46.120 by one eighteen points. The tenure treasury is up fifteen 0:11:46.160 --> 0:11:49.240 thirty seconds. The yield three point to six percent yield 0:11:49.240 --> 0:11:51.280 on the two year three point four or six percent. 0:11:51.400 --> 0:11:53.720 Nimex Screwed is hired by one and a half percent. 0:11:53.760 --> 0:11:57.160 Eighty four dollars seventy eight cents se barrel British pound 0:11:57.679 --> 0:12:01.440 one point one six two zero against the U. S. Dollar. 0:12:01.640 --> 0:12:08.679 You're listening to Bloomberg Daybreak. Bloomberg Daybreak is brought to 0:12:08.720 --> 0:12:10.719 you by the Jewish Communal Fund j c F. S 0:12:10.760 --> 0:12:13.640 donor advised fund is the smart choice to manage your philanthropy, 0:12:13.760 --> 0:12:16.920 especially in times of crisis. Make your giving impactful. Visit 0:12:17.000 --> 0:12:23.280 j c F n y dot org. Markets headlines and 0:12:23.400 --> 0:12:26.680 breaking news twenty four hours a day at Bloomberg dot com, 0:12:26.800 --> 0:12:30.319 The Bloomberg Business Outland at Bloomberg quick tape. This is 0:12:30.360 --> 0:12:39.880 a Bloomberg Business flash and good morning. I'm Karen. Moscow 0:12:39.960 --> 0:12:42.920 futures are higher, with SNP futures up twenty nine points, 0:12:43.040 --> 0:12:45.719 doll futures up two hundred nine NASDAG futures have one 0:12:46.559 --> 0:12:49.520 and a ten year treasury up thirteen thirty seconds held 0:12:49.520 --> 0:12:51.920 three point to six percent, yield on the two year 0:12:52.000 --> 0:12:55.440 three point four seven percent. And as a Bloomberg business flash, 0:12:55.480 --> 0:12:57.560 now here's John Tucker with Moore on what's going on 0:12:57.640 --> 0:13:00.320 around the world. John, good morning, and Karen Charles. The 0:13:00.320 --> 0:13:03.960 elders of Queen Elizabeth's four children will be formally proclaimed 0:13:04.160 --> 0:13:07.280 King of England in a ceremony tomorrow. Here in the US, 0:13:07.360 --> 0:13:10.319 the Justice Department will appeal of federal judge's order for 0:13:10.360 --> 0:13:14.440 a special Master and the Trump Documents case. Sports NFL 0:13:14.480 --> 0:13:17.120 season kicked off last night, the Bills beating the reigning 0:13:17.200 --> 0:13:20.800 champion of Los Angeles Rams one to ten. Yankees fell 0:13:20.920 --> 0:13:24.000 to the Twins four to three. The Nationals whatever the Cardinals, 0:13:24.200 --> 0:13:26.480 the Reds beat the Cubs, Marlin's beat the Phillies, the 0:13:26.520 --> 0:13:29.400 White Sox won big over the A's, and the Brewers 0:13:29.360 --> 0:13:32.240 swamp the Giants in a double header. Global news twenty 0:13:32.240 --> 0:13:34.839 four hours a day on aeron a Bloomberg Quick Take power, 0:13:35.120 --> 0:13:38.120 more than hundred journalists and analysts and more than one 0:13:38.520 --> 0:13:42.800 twenty countries. I'm John Tucker. This is Bloomberg Nathan. Okay, John, 0:13:42.840 --> 0:13:45.040 thank you. It is six eighteen on Wall Street Live 0:13:45.080 --> 0:13:48.319 from the Bloomberg Interactive Broker Studios. This is Bloomberg Daybreak. 0:13:48.360 --> 0:13:51.560 Good morning. I'm Nathan Hagar. Let's get more perspective now 0:13:51.600 --> 0:13:54.240 on the life and legacy of Queen Elizabeth the Second. 0:13:54.440 --> 0:13:57.720 We've been speaking with experts, historians, and those who knew 0:13:57.720 --> 0:14:01.520 the queen personally. Bloomberg Daybreak, you're a bankers. Caroline Hecker 0:14:01.600 --> 0:14:04.120 and Stephen Carroll have been leading our coverage and we 0:14:04.240 --> 0:14:06.560 handed back over to them now for a discussion with 0:14:06.600 --> 0:14:09.760 the former Press secretary to the Queen. Joining us now 0:14:09.880 --> 0:14:13.880 is Charles Anson, who is communications consultant and also the 0:14:14.000 --> 0:14:17.400 former Press secretary to the Queen. Charles, thank you so 0:14:17.480 --> 0:14:20.280 much for giving us your views and some of your 0:14:20.320 --> 0:14:23.880 time this morning. It is a very sad and hugely 0:14:24.280 --> 0:14:27.600 historic moment for the people of Britain and I just 0:14:27.760 --> 0:14:31.560 first like your view on how you think this incredible 0:14:31.600 --> 0:14:35.080 queen is going to be remembered. I think the Queen 0:14:35.480 --> 0:14:38.560 with her very long wain, a long expen history of 0:14:38.600 --> 0:14:42.440 the British monarch over a thousand years seven two years 0:14:42.520 --> 0:14:46.480 has been over spanned a huge change within this country, 0:14:46.640 --> 0:14:50.280 within the world, and what Queen has contributed has been 0:14:50.400 --> 0:14:54.520 a steadiness, whether in good times, in times of joy, 0:14:54.840 --> 0:14:58.400 or in times of turbulence. It's still a small figure 0:14:58.800 --> 0:15:02.360 of the queen of the monarchy and a change in 0:15:02.480 --> 0:15:05.520 society has been a reassuring thing for a lot of people, 0:15:06.480 --> 0:15:10.680 and I think that's one of her great contributions, is 0:15:10.720 --> 0:15:15.080 to provide that continuity and time and great change. You 0:15:15.200 --> 0:15:17.360 had a close relationship with the Queen during the time 0:15:17.400 --> 0:15:20.080 that you worked with her. What are your personal memories 0:15:20.120 --> 0:15:23.120 of her? Well? I remember how the Queen very much 0:15:23.160 --> 0:15:27.440 as someone who is practical by nature, straightforward and easy 0:15:27.560 --> 0:15:32.080 to deal with, and she had an extraordinary humility in 0:15:32.120 --> 0:15:35.360 the way that she approached life and approached problems and 0:15:35.480 --> 0:15:40.120 their solution, and that sort of humility and simple approach 0:15:40.280 --> 0:15:42.400 is what I think has endeared it as so many 0:15:42.760 --> 0:15:46.720 ordinary people around the world. She is a human being 0:15:47.800 --> 0:15:52.280 who can appreciate and someone who through her commitments of 0:15:52.360 --> 0:15:56.200 the coronation, and her religious faith and her sense of 0:15:56.360 --> 0:16:01.240 duty inherited and trained by her father, George the Sex 0:16:01.320 --> 0:16:04.960 and her mother Queens with the Queen Mother someone who 0:16:05.720 --> 0:16:09.360 really quite instinctively looked to try and make a better 0:16:09.480 --> 0:16:13.720 world in a non political way. And I think people 0:16:13.760 --> 0:16:16.920 really appreciated that over the year, as particularly over the 0:16:17.000 --> 0:16:20.560 last twenty years and in the last few years occurred 0:16:20.720 --> 0:16:26.520 when her voice and studies have been a very reassuring element, 0:16:26.960 --> 0:16:30.000 not only to the people of Britain, but two people 0:16:30.040 --> 0:16:33.000 are under Commonwealth and indeed or under the world. I 0:16:33.040 --> 0:16:37.240 think her voice is comfortent to many people, and wisdom 0:16:37.280 --> 0:16:42.280 and kindness and settled values is something that people greatly 0:16:42.320 --> 0:16:48.240 admire in anything, especially in a mono. And this monarch, 0:16:48.320 --> 0:16:52.480 of course, famously never did interviews. She spoke to the 0:16:52.560 --> 0:16:55.760 nation on Christmas Day every year. She met so many 0:16:55.840 --> 0:16:59.360 thousands of people at the events that she attended, and 0:16:59.480 --> 0:17:03.480 she was a major fourth for British diplomacy, for Brand 0:17:03.520 --> 0:17:07.399 Britain right up until the very modern appearances with James 0:17:07.440 --> 0:17:11.800 Bond with the animated Paddington Bear clip that she did 0:17:11.840 --> 0:17:16.480 for the for the platinum Do you believe just talked 0:17:16.480 --> 0:17:20.720 to us about how critical she was for global Britain. Well, 0:17:20.760 --> 0:17:23.439 I think the first thing to say is the reason 0:17:23.480 --> 0:17:27.399 that the British monarchy has survived and prospered over a 0:17:27.480 --> 0:17:31.280 thousand years, with difficult times and good times as well. 0:17:31.680 --> 0:17:33.960 The reason it's survived is that it has been able 0:17:34.000 --> 0:17:39.399 to adapt, and none moreso than in these last seventy 0:17:39.520 --> 0:17:42.520 years have changed since the Second World War. And what 0:17:42.640 --> 0:17:45.760 the Queen has brought is a sort of steady modernizing 0:17:45.800 --> 0:17:50.240 approach to the monarchy whilst remaining herself the same character 0:17:50.280 --> 0:17:55.520 as she was when she stood and melt in Westminster, 0:17:55.600 --> 0:18:00.680 add her coronation, and I think that combination of appearing 0:18:00.760 --> 0:18:03.639 to be the same whilst being open to new ideas 0:18:03.680 --> 0:18:07.520 and new ways of doing things has sad the monarchy 0:18:07.680 --> 0:18:12.600 very well and reflects that the society in the country 0:18:12.640 --> 0:18:15.480 that we now live in. And I think the process 0:18:15.520 --> 0:18:18.680 and embracing change in a very quiet sort of way 0:18:18.800 --> 0:18:22.320 has been very effective, and of course it has been 0:18:22.359 --> 0:18:26.520 admired by other great political figures around the world. Now's 0:18:26.680 --> 0:18:32.040 Mandela Barack Obama. Virtually every American president has valued the 0:18:32.119 --> 0:18:36.240 Queen's and take on things. Her experience is enormous and 0:18:36.359 --> 0:18:40.840 she's used it and projected Britain in a way that 0:18:41.000 --> 0:18:47.879 has been touching to many people. Given that legacy and 0:18:47.920 --> 0:18:50.439 influence of the Queen, what sort of king do you 0:18:50.440 --> 0:18:54.480 think that Charles will be? Well, I think each monarch 0:18:54.680 --> 0:18:59.200 brings his own his or her own style and some 0:18:59.320 --> 0:19:04.359 beliefs of the road, but essentially the cool um uh 0:19:05.280 --> 0:19:11.399 value of the monarchy is to remain politically neutral above 0:19:11.480 --> 0:19:15.800 the politicial prey and to work for society and the 0:19:15.960 --> 0:19:19.760 nation as a whole. And I think the aim very 0:19:19.840 --> 0:19:22.640 much of the Prince of Wales, King Charles the Third 0:19:22.920 --> 0:19:27.560 and of his mother, Queen Elizabeth, was to try to 0:19:27.600 --> 0:19:31.200 make a better world, one that was more tolerant, one 0:19:31.240 --> 0:19:34.119 that was more stable and steady, and one that was 0:19:34.160 --> 0:19:37.200 able to do with adversity as well as with triumph. 0:19:37.520 --> 0:19:40.120 In our thanks to Bloomberg Daybreak eure of bankers Caroline 0:19:40.119 --> 0:19:43.400 Hecker and Stephen Carroll for that conversation with Charles Anson, 0:19:43.720 --> 0:19:47.520 communications consultant and former press secretary to Queen Elizabeth the Second, 0:19:47.720 --> 0:19:50.520 we just got this headline crossing the Bloomberg terminal. King 0:19:50.600 --> 0:19:53.359 Charles the Third has left Balmoral Castle in Scotland. He 0:19:53.359 --> 0:19:55.640 has headed to London today, where he's expected to meet 0:19:55.640 --> 0:19:58.639 with Prime Minister Trust and deliver his first speech to 0:19:58.680 --> 0:20:02.320 the nation as King. Stay with us for continuing coverage. 0:20:02.440 --> 0:20:09.399 This is Bloomberg Bloomberg eleven three oh weather mostly sunny 0:20:09.400 --> 0:20:12.440 today in New York, has near eighty degrees, increasing afternoon 0:20:12.480 --> 0:20:15.480 clouds Tomorrow low eighties with hazy sky, so it will 0:20:15.480 --> 0:20:17.520 be probably the most of the cloudy Sunday, low eighties. 0:20:17.800 --> 0:20:26.480 Right now sixty four in Central Park. Broadcasting live from 0:20:26.520 --> 0:20:30.320 the Bloomberg Interactive Broker Studio in New York. Bloomberg E 0:20:30.400 --> 0:20:35.080 Living Freedom to Washington, d C. Bloomberg to Boston, Bloomberg 0:20:35.119 --> 0:20:38.480 one O six one to San Francisco, Bloomberg sixteen to 0:20:38.520 --> 0:20:42.160 the country, Sirius XM to one and around the globe 0:20:42.240 --> 0:20:45.800 the Bloomberg Business apt in Bloomberg Radio dot Com. This 0:20:46.160 --> 0:20:54.880 is Bloomberg Daybreak. It's six thirty on Wall Street. Good morning. 0:20:54.920 --> 0:20:57.760 I'm Nathan Hagar and I'm Karen Moscow. We are just 0:20:57.840 --> 0:21:00.399 about three hours away from the open of US trading. 0:21:00.480 --> 0:21:02.240 Time to the five things that you need to notice 0:21:02.240 --> 0:21:05.879 start your day. Brought to you by Interactive Brokers. Interactive 0:21:05.920 --> 0:21:09.240 Brokers Global Analysts helps you find a global investment opportunities 0:21:09.280 --> 0:21:13.080 to diversify your portfolio and discover undervalued companies that may 0:21:13.080 --> 0:21:16.399 have greater growth potential. Try ibk our Global Analysts today 0:21:16.480 --> 0:21:20.040 at ib k r dot com slash g A. Reactions 0:21:20.040 --> 0:21:23.040 still pouring into the death of Queen Elizabeth. This second 0:21:23.280 --> 0:21:27.080 Britain's the longest reigning monarch, passed away peacefully at Balmorl 0:21:27.200 --> 0:21:29.880 Council in Scotland yesterday at the age of ninety six. 0:21:30.200 --> 0:21:33.080 Prime Minister List Trust was the first to pay honor 0:21:33.119 --> 0:21:35.879 to the life and work of the Queen. With the 0:21:35.920 --> 0:21:39.719 passing of the Second Elizabethan Age, we are show in 0:21:39.880 --> 0:21:44.200 a new era in the magnificent history of our great country, 0:21:44.560 --> 0:21:48.879 exactly as her Majesty would have wished, by saying the 0:21:48.920 --> 0:21:53.200 words God Save the King. Prime Minister List Trust called 0:21:53.200 --> 0:21:56.040 the Queen the rock on which modern Britain was built. 0:21:56.160 --> 0:21:58.920 King Charles now ascends to the throne, a process that 0:21:58.960 --> 0:22:02.320 will be formalized in a ceremony tomorrow. Karen the Queen 0:22:02.440 --> 0:22:05.240 is being honored by world leaders and public figures far 0:22:05.359 --> 0:22:08.560 and wide. She's remembered fondly for her poise and grace. 0:22:08.920 --> 0:22:11.960 We spoke with former U s Ambassador Anthony Gardner about 0:22:11.960 --> 0:22:15.880 the Queen's legacy. She was respectful the limits of her office, 0:22:16.000 --> 0:22:20.359 but she understood also that she could exercise significant influence 0:22:20.840 --> 0:22:25.520 by being, as symboled by being a steady hand at 0:22:25.560 --> 0:22:29.320 moments that were pretty turbulent, a model of public service. 0:22:29.359 --> 0:22:32.320 And I think you know that that resonates especially today. 0:22:32.680 --> 0:22:36.800 Queen Elizabeth's reign spanned fifteen prime ministers. She marked seventy 0:22:36.880 --> 0:22:39.800 years on the throne just this year. Well, Nathan, now 0:22:39.960 --> 0:22:42.639 King Charles the Third ascents at the top of the monarchy. 0:22:42.800 --> 0:22:47.200 The formal proclamation comes in a ceremony tomorrow. Jonathan Spengler 0:22:47.280 --> 0:22:52.119 is a Royal historian and senior lecturer at Manchester Metropolitan University. 0:22:52.480 --> 0:22:54.439 It will be very interesting over the next couple of 0:22:54.520 --> 0:22:57.960 months to see how much King Charles the Third wants 0:22:58.000 --> 0:23:00.679 to change things. But I have to say that a 0:23:00.720 --> 0:23:02.639 lot of the changes I think have already been made. 0:23:03.000 --> 0:23:06.160 The slimming down of those who actually work and are 0:23:06.200 --> 0:23:08.960 paid to work in the British country and around around 0:23:08.960 --> 0:23:12.280 the world has been significantly reduced, and the amount of 0:23:12.359 --> 0:23:16.600 ceremonial that the family doesnt states day activities has also 0:23:16.880 --> 0:23:20.879 quite significantly been reduced. Jonathan Spangler is a Royal historian 0:23:20.960 --> 0:23:25.159 and senior lecturer at Manchester Metropolitan University. Stay tuned for 0:23:25.240 --> 0:23:28.520 more of that conversation coming up shortly on Bloomberg Daybreak. 0:23:28.840 --> 0:23:30.680 That's the fine things that you need to know about 0:23:30.680 --> 0:23:33.080 the Queen to start your day. Brought to you by 0:23:33.240 --> 0:23:40.760 Interactive Brokers. Thanks hearing at sixty three on Wall Street 0:23:40.760 --> 0:23:43.320 where it's sixty four degrees in Central Park and traffics 0:23:43.359 --> 0:23:45.320 getting heavy on the north shore of Long Island with 0:23:45.359 --> 0:23:48.800