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Speaker 1: Bloomberg Audio Studios, podcasts, radio news. The single best idea

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Speaker 1: is that if you have a team that has the

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Speaker 1: storm as we've had. I saw one banner I think

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Speaker 1: on CNN it said it's the biggest storm across the

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Speaker 1: nation in one hundred and twenty one years. I have

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Speaker 1: no idea of what I just said is true, but

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Speaker 1: I think in the blur I saw that the scope

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Speaker 1: and scale like I saw the heaviest snow is in

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Speaker 1: New Mexico, ARCD across the ice in Nashville on up

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Speaker 1: to Nathan Hager in ninety nine one FM in Washington

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Speaker 1: and Boston hit Hardist at ninety two nine. It was

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Speaker 1: just a g really team effort among our direct Bloomberg

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Speaker 1: surveillance team, but also all the people that make it go,

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Speaker 1: like antennas, like Matt Tomlin over in Central Park, Miles

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Speaker 1: Miller fell down and Matt had to pick him up

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Speaker 1: with a crane. We got Miles Miller standing up on

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Speaker 1: the hill over Julian Robertson's wonderful pond in the south

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Speaker 1: end of Center Work, just little vignettes about this storm.

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Speaker 1: Our invent was to have a lot of zoom and

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Speaker 1: a lot of people plugged into what these markets are doing.

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Speaker 1: Brian Belski joined from Humilist. Brian Belski on the move

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Speaker 1: forward from momentum into twenty twenty six.

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Speaker 2: I think the market is going to be having a

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Speaker 2: hard time transitioning from this really momentum multiple driven upside

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Speaker 2: that we've for all intentsive purposes seen since the fourth

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Speaker 2: quarter of twenty twenty two when the current bull cycle started.

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Speaker 2: Our work shows historically that earnings driven markets are still positive,

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Speaker 2: but they're not as positive or multiple driven markets. I

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Speaker 2: think that's why this week is such a huge week,

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Speaker 2: because we see some of the biggest tech companies come

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Speaker 2: out with earnings number one, number two. We've had tremendous

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Speaker 2: performance and outperformance the last week or two weeks from

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Speaker 2: the small MidCap which we've been talking about for a

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Speaker 2: couple of years.

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Speaker 1: Brian Belski, we thank him first discussion of the migration

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Speaker 1: from the Minnesota Vikings to the Seattle Seahawks of their

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Speaker 1: quarterback as well. There is a photograph, and I think

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Speaker 1: it's really an important photograph of the history of this nation,

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Speaker 1: of the Grand Old Party and a public service at

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Speaker 1: a young age. We live in a gerontocracy, we all

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Speaker 1: know this, all these people staying around ancient The president

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Speaker 1: will be eighty this year. Just as one example, and

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Speaker 1: there is a photograph of George Bush the younger with

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Speaker 1: a freshly scrubbed child of the Carolinas. Patrick McHenry got

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Speaker 1: into politics out of a love for this country at

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Speaker 1: a very very young age. He's forty nine and holding

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Speaker 1: now after all of his public service in the House,

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Speaker 1: he's a Bloomberg consultant for US. Here is Patrick McHenry

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Speaker 1: on the challenges of Minneapolis.

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Speaker 3: Trump's stance on immigration was his greatest political strength, and

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Speaker 3: given what has happened in Minneapolis in the last two weeks,

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Speaker 3: it's become a weakness. And so there's great concern about

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Speaker 3: the specifics, the loss of life in Minneapolis, the care

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Speaker 3: and training that those ice officers have for the population,

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Speaker 3: and the overall tactic here. But let's step back. The

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Speaker 3: concerning Congress is the implementation of the laws. Congress needs

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Speaker 3: to step in and actually change the immigration laws. I

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Speaker 3: think that's what the Trump administration is trying to draw out.

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Speaker 1: Patrick McHenry of the Carolinas. I believe the tenth District

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Speaker 1: in North Carolina will be with you tomorrow. We're going

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Speaker 1: to continue in this storm and in the new cold

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Speaker 1: that's coming three days at brutal cold, at least here

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Speaker 1: in New York City, out across the nation. The podcast

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Speaker 1: on Apple, on Spotify, on YouTube. Subscribe to Bloomberg Podcasts.

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Speaker 1: It's signal best. Yeah,