Speaker 1: Bloomberg Audio Studios, podcasts, radio news. The single best idea
Speaker 1: is that if you have a team that has the
Speaker 1: storm as we've had. I saw one banner I think
Speaker 1: on CNN it said it's the biggest storm across the
Speaker 1: nation in one hundred and twenty one years. I have
Speaker 1: no idea of what I just said is true, but
Speaker 1: I think in the blur I saw that the scope
Speaker 1: and scale like I saw the heaviest snow is in
Speaker 1: New Mexico, ARCD across the ice in Nashville on up
Speaker 1: to Nathan Hager in ninety nine one FM in Washington
Speaker 1: and Boston hit Hardist at ninety two nine. It was
Speaker 1: just a g really team effort among our direct Bloomberg
Speaker 1: surveillance team, but also all the people that make it go,
Speaker 1: like antennas, like Matt Tomlin over in Central Park, Miles
Speaker 1: Miller fell down and Matt had to pick him up
Speaker 1: with a crane. We got Miles Miller standing up on
Speaker 1: the hill over Julian Robertson's wonderful pond in the south
Speaker 1: end of Center Work, just little vignettes about this storm.
Speaker 1: Our invent was to have a lot of zoom and
Speaker 1: a lot of people plugged into what these markets are doing.
Speaker 1: Brian Belski joined from Humilist. Brian Belski on the move
Speaker 1: forward from momentum into twenty twenty six.
Speaker 2: I think the market is going to be having a
Speaker 2: hard time transitioning from this really momentum multiple driven upside
Speaker 2: that we've for all intentsive purposes seen since the fourth
Speaker 2: quarter of twenty twenty two when the current bull cycle started.
Speaker 2: Our work shows historically that earnings driven markets are still positive,
Speaker 2: but they're not as positive or multiple driven markets. I
Speaker 2: think that's why this week is such a huge week,
Speaker 2: because we see some of the biggest tech companies come
Speaker 2: out with earnings number one, number two. We've had tremendous
Speaker 2: performance and outperformance the last week or two weeks from
Speaker 2: the small MidCap which we've been talking about for a
Speaker 2: couple of years.
Speaker 1: Brian Belski, we thank him first discussion of the migration
Speaker 1: from the Minnesota Vikings to the Seattle Seahawks of their
Speaker 1: quarterback as well. There is a photograph, and I think
Speaker 1: it's really an important photograph of the history of this nation,
Speaker 1: of the Grand Old Party and a public service at
Speaker 1: a young age. We live in a gerontocracy, we all
Speaker 1: know this, all these people staying around ancient The president
Speaker 1: will be eighty this year. Just as one example, and
Speaker 1: there is a photograph of George Bush the younger with
Speaker 1: a freshly scrubbed child of the Carolinas. Patrick McHenry got
Speaker 1: into politics out of a love for this country at
Speaker 1: a very very young age. He's forty nine and holding
Speaker 1: now after all of his public service in the House,
Speaker 1: he's a Bloomberg consultant for US. Here is Patrick McHenry
Speaker 1: on the challenges of Minneapolis.
Speaker 3: Trump's stance on immigration was his greatest political strength, and
Speaker 3: given what has happened in Minneapolis in the last two weeks,
Speaker 3: it's become a weakness. And so there's great concern about
Speaker 3: the specifics, the loss of life in Minneapolis, the care
Speaker 3: and training that those ice officers have for the population,
Speaker 3: and the overall tactic here. But let's step back. The
Speaker 3: concerning Congress is the implementation of the laws. Congress needs
Speaker 3: to step in and actually change the immigration laws. I
Speaker 3: think that's what the Trump administration is trying to draw out.
Speaker 1: Patrick McHenry of the Carolinas. I believe the tenth District
Speaker 1: in North Carolina will be with you tomorrow. We're going
Speaker 1: to continue in this storm and in the new cold
Speaker 1: that's coming three days at brutal cold, at least here
Speaker 1: in New York City, out across the nation. The podcast
Speaker 1: on Apple, on Spotify, on YouTube. Subscribe to Bloomberg Podcasts.
Speaker 1: It's signal best. Yeah,