Speaker 1: Bloomberg Audio Studios, podcasts, radio news. Good morning, I'm Nathan
Speaker 1: Hager and I'm Karen Moscow. Here are the stories we're
Speaker 1: following today, Karen.
Speaker 2: Investors may still be assessing the impact of the first
Speaker 2: encounter between Kamala Harris and Donald Trump. The two presidential
Speaker 2: candidates spent ninety minutes in Philadelphia sparring over abortion rights
Speaker 2: January sixth, and the wars in Ukraine and Gaza, But
Speaker 2: the ABC News presidential debate began with the economy. Vice
Speaker 2: President Harris touted her plan for a fifty thousand dollars
Speaker 2: small business tax deduction.
Speaker 3: My opponent has a plan that I call the Trump's
Speaker 3: sales tax, which would be a twenty percent tax every
Speaker 3: day goods that you rely on to get through the month.
Speaker 2: Vice President Harris's comment on tariff's had former President Trump
Speaker 2: on the defensive.
Speaker 4: Person who will have no sales tax. That's an incorrect
Speaker 4: stape and she knows that we're doing tariffs another country.
Speaker 4: These other countries are going to finally, after seventy five years,
Speaker 4: pay us back for all that we've done for the world.
Speaker 2: And the candidates also clashed on abortion rights. The Vice
Speaker 2: president said the end of Roe. V Wade has led
Speaker 2: to what she calls Trump abortion bans across the country.
Speaker 3: If Donald Trump were to be reelected, he will sign
Speaker 3: a national abortion ban. Understand in his Project twenty twenty five,
Speaker 3: there would be a national abortion a monitor that would
Speaker 3: be monitoring your pregnancies, your miscarriages.
Speaker 2: Donald Trump said he has not read Project twenty twenty five.
Speaker 2: When asked if he would veto a national abortion ban,
Speaker 2: he said he wouldn't have to.
Speaker 4: As far as the abortion ban. No, I'm not a
Speaker 4: favorite of abortion ban, but it doesn't matter because this
Speaker 4: issue has now been taken over by the States.
Speaker 1: Donald Trump and Kamala Harris also sparred over foreign policy.
Speaker 1: The vice president said the former president would end the
Speaker 1: war in Ukraine quickly by giving Vladimir Putin what he wants.
Speaker 3: If Donald Trump were president, Putin would be sitting in
Speaker 3: Kiev right now, and understand what that would mean, because
Speaker 3: Putin's agenda is not just about Ukraine.
Speaker 1: And later in the debate, when the focus turned to immigration,
Speaker 1: at Trump floated a conspiracy theory about migrants in Ohio
Speaker 1: in Springfield.
Speaker 4: They're eating the dogs, the people that came in. They're
Speaker 4: eating the cats. They're eating the pets of the people
Speaker 4: that live there.
Speaker 1: In that claim on the ABC News presidential debate earned
Speaker 1: one of several fact checks from a moderated David Buhre.
Speaker 2: Well, Karen, there is plenty of reaction pouring in this
Speaker 2: morning to the debate. We spoke with Bloomberg political contributors
Speaker 2: Genie Sheanzano and Rick Davis.
Speaker 5: I would say most of the moments, you know, sort
Speaker 5: of following from this debate were how strong Kamala Harris
Speaker 5: was on national security. She used Donald Trump's own former
Speaker 5: cabinet members as a wedge to show his weakness in
Speaker 5: this category, which I thought was an interesting turn about
Speaker 5: in Donald trump unwillingness to say that he would veto
Speaker 5: a national abortion band, which we have not seen up
Speaker 5: until this point in time.
Speaker 6: One thing that we'll define this debate will be him
Speaker 6: talking about illegal immigrants eating pets. But that's what he
Speaker 6: went to as opposed to where his team wanted him
Speaker 6: to go issues economy, immigration, and the idea that she's
Speaker 6: in office right now she could be doing all these things.
Speaker 2: Bloomberg political contributors Genie Shanzano and Rick Davis spoke during
Speaker 2: our special debate coverage last night on Bloomberg Radio and Television.
Speaker 1: Well Nathan, minutes after the debate, concluded, Harris picked up
Speaker 1: a key endorsement from a pop icon, and we get
Speaker 1: that story from Bloomberg's Kimberly Adams.
Speaker 7: The endorsement comes from one of the music industry's biggest stars,
Speaker 7: Taylor Swift. In an Instagram post, Swift wrote, I think
Speaker 7: she is a steady handed, gifted leader, and I believe
Speaker 7: we can accomplish so much more in this country. We
Speaker 7: are led by calm and not chaos. Swift included a
Speaker 7: picture of herself holding a cat and signed the message
Speaker 7: to liscat Lady, of reference to comments made by jd Vance,
Speaker 7: Donald Trump's running mate. Swift has a dedicated following among
Speaker 7: young women, a key demographic in the November election. Trump
Speaker 7: was asked about Swift's backing reaction to Taylorsi's endorsement of
Speaker 7: Kamala Harris, I have no idea, Harris's deputy campaign manager said,
Speaker 7: the endorsement quote means a lot to us. Kimberly Adams
Speaker 7: Bloomberg Radio.
Speaker 2: All right, Kimberly, thank you, and we are going to
Speaker 2: get much more reaction to the presidential debate in a
Speaker 2: few minutes when we bring you a special political roundtable.
Speaker 2: But let's turn back to the markets now. We are
Speaker 2: watching futures fall ahead of another key reading on inflation
Speaker 2: at eight thirty am Wall Street time. We get the
Speaker 2: August reading on consumer prices. The median forecast is for
Speaker 2: a gain of two tenths of one percent, and we
Speaker 2: get a preview from Bloomberg's Michael McKee.
Speaker 8: Unless there's a major surprise, the August CPI report won't
Speaker 8: tell investors or central bankers anything new, and that's a
Speaker 8: good thing. Forecasts are for little change in the slow
Speaker 8: trend of slowing inflation, and that's what the Fed one
Speaker 8: to see in order to remain on track for a
Speaker 8: rate cut next week. Policymakers meet on the eighteenth. Help
Speaker 8: by falling food and gasoline prices. Headline CPI is expected
Speaker 8: to fall on a year over year basis, while core
Speaker 8: inflation is forecast unchanged. But that would be good enough,
Speaker 8: Michael McKee, Bloomberg Radio.
Speaker 2: Okay, Mike, thanks, and ahead of the CPI report to
Speaker 2: your treasury yields have fallen to their lowest level since
Speaker 2: twenty twenty two.
Speaker 1: Well, Nathan Warren Buffett continues to sell shares a Bank
Speaker 1: of America. A regulatory filing shows Buffett's Berkshire Hathaway reaped
Speaker 1: two hundred and twenty nine million dollars over three days
Speaker 1: of selling through yesterday. The average price fetched on Tuesday
Speaker 1: thirty nine dollars thirty cents a share, was among the
Speaker 1: lowest reported since he began whittling the stake. That's a
Speaker 1: significant slowdown from the eight prior rounds in which his
Speaker 1: conglomerate generated an average of about eight hundred and seventy
Speaker 1: million dollars each time. Based on filings that typically span
Speaker 1: three days of trading, Berkshire still holds just over a
Speaker 1: leven percent of the bank stock.
Speaker 2: We're watching shares of game Stop this morning, Careen. They
Speaker 2: are down ten and a half percent. In early trading,
Speaker 2: the video game retailer reported a fourth consecutive quarter of
Speaker 2: falling sales, though it did also report an unexpected profit.
Speaker 2: Game Stop shares continued to be buffeted largely by the
Speaker 2: Meme stock trading community. Back in June, the company raised
Speaker 2: more than two billion dollars after stock influencer Keith Gill,
Speaker 2: known as Roaring Kitty, returned to YouTube, inspiring a stock rally.
Speaker 2: Game Stop has a market cap of about ten billion dollars.
Speaker 1: In other news, this morning, Nathan Today marks the twenty
Speaker 1: third anniversary of the September eleventh, the terrorist attack. We're
Speaker 1: joined by Bloomberg's Lisa Matteo in New York, Lisa Hey Karen.
Speaker 9: Today, the nation pays tribute to those who had lost
Speaker 9: their lives in the worst her attack in US history,
Speaker 9: and the National September eleventh Memorial and Museum will host
Speaker 9: its annual sam Ernie at eight thirty am Wall Street
Speaker 9: Time in Lower Manhattan, honoring the twenty nine hundred and
Speaker 9: eighty three men, women, and children that were killed in
Speaker 9: the two thousand and one attacks at the World Trade
Speaker 9: Center site the Pentagon a board Flight ninety three, as
Speaker 9: well as those who died in the February twenty sixth,
Speaker 9: nineteen ninety three World Trade Center bombing. Now it will
Speaker 9: include a reading of the victims' names, as well as
Speaker 9: six moments of silence recognizing when both World Trade Center
Speaker 9: towers were struck and fell when the Pentagon was attacked
Speaker 9: and one Flight ninety three crashed. Memorial Plaza will only
Speaker 9: be open to family members at the victims. Both President
Speaker 9: Joe Biden and Vice President Kamala Harris are expected to
Speaker 9: attend in New York. Lisa Mateo Bloomberg Radio, it's.
Speaker 1: Time now for a look at some of the other
Speaker 1: stories making news in New York and around the world.
Speaker 1: For that, we're joined by Bloomberg's John Tucker, John, Good morning,
Speaker 1: and Good.
Speaker 10: Morning, Karen. Hurricane Francine gained strength. It's expended to make
Speaker 10: landfall in Louisiana today after closing some offshore oil platforms
Speaker 10: in the Gulf of Mexico to be shuttered. Michelle borg
Speaker 10: is with Energy, the major power supplier for the region.
Speaker 2: All eyes are on the golf right now. We're actively monitoring.
Speaker 1: The track and the projected intensity of the storm as
Speaker 1: it makes its way over to the Louisiana coast.
Speaker 10: On its current track, Francine could graze Morgan City, with
Speaker 10: impacts from its winds extending as far east as New Orleans.
Speaker 10: Winds were about ninety miles an hour. US aviation authorities
Speaker 10: will investigate a ground collision between two Delta Airline passenger
Speaker 10: jets in Atlanta. That story from Bloomberg's and Baxter.
Speaker 11: The larger plane was carrying two hundred and twenty one
Speaker 11: passengers and was headed to Asia. The smaller carrying fifty
Speaker 11: six for a regional carrier operated by Delta. The first
Speaker 11: reports are that the larger Airbus Sea three point fifty
Speaker 11: clipped the smaller plane. The pilot radio the tower for clarification,
Speaker 11: we could.
Speaker 3: Hit something on the tactaway.
Speaker 12: Could you kill a what it was?
Speaker 11: No injuries. Passengers were put on different flights. The FAA
Speaker 11: will investigate ed Baxter Bloomberg Radio.
Speaker 10: Former New York Governor Andrew Cuomo talk to reporters after
Speaker 10: he testified before a House subcommittee on his handling of
Speaker 10: the COVID nineteen pandemic. He took aim at Donald Trump.
Speaker 12: I took responsibility every day, unlike the.
Speaker 4: President who literally said I take no responsibility.
Speaker 10: The committee criticized his policy in twenty twenty to readmit
Speaker 10: nursing home patients after they contracted COVID. A cyber security
Speaker 10: expert crossing automakers should do more to increase the safety
Speaker 10: of vehicles whose software can be updated over the year.
Speaker 10: Liz James, a consultant IT security firm NCC Group, says
Speaker 10: current technology leaves cars vulnerable to being manipulated without an
Speaker 10: owner's knowledge. Global news twenty four hours a day, whatever
Speaker 10: you want it with Bloomberg News. Now, I'm John Tucker.
Speaker 10: This is Bloomberg.
Speaker 1: Karen, all right, John, thank you time now for the
Speaker 1: Bloomberg Sports Update with John stash Hour.
Speaker 12: John, Good morning, Good morning, Guaranteo. And a half weeks
Speaker 12: left for the baseball regular season. Yankees almost certain to
Speaker 12: make the postseason, Mets hope to be there too. Last night,
Speaker 12: both New York teams lost and the teams they want
Speaker 12: to lose. All one for the Yankees, a five nothing
Speaker 12: lost to the stadium to Kansas City. Set Lugo, the
Speaker 12: longtime Mets reliever, continued his sensational season as a Royal starter.
Speaker 12: Lugo pitched seven in means, allowed only three singles, no walks,
Speaker 12: ten strikeouts. He impressed Aaron Boone.
Speaker 13: That was probably, you know, as good a performance against
Speaker 13: us this year. We were silent, and I think he
Speaker 13: was ahead, and the count looked like he was really
Speaker 13: dotting his location wise with a big knix, you know.
Speaker 13: I mean, it's it's two fastballs, it's cutter, it's slider,
Speaker 13: it's curveball, it's change and varied. The speeds on all of.
Speaker 12: Those, Lugo making a strong case to be the ALCI
Speaker 12: Young winner. He's won sixteen games as Era under three.
Speaker 12: Baltimore won five to three at Boston, the Yankee lead
Speaker 12: over the Orioles back to being just a half game.
Speaker 12: Mets lost in Toronto six to two. The ex met
Speaker 12: Chris Bassett beat David Peterson, who came in nine to one.
Speaker 12: He gave up as many runs in the first three
Speaker 12: innings last night as he had allowed in the first
Speaker 12: three of his combined previous eleven starts. Atlanta, San Diego
Speaker 12: and Arizona all won the Braves twelve to nothing. That Washington,
Speaker 12: the Mets and Bras are tied for the last wildcard spot.
Speaker 12: A golf sit down held yesterday in New York will
Speaker 12: continue today. Tiger Woods among those representing the PGA Tour
Speaker 12: in a meeting with Saudi Arabia's Public Investment Fund, the
Speaker 12: two sides still trying to iron out a deal fifteen
Speaker 12: months after the shocking announcement that they will do business together.
Speaker 12: Another meeting held in New York, NBA Board of Governor
Speaker 12: as a commissioner, Adam Silver emerged saying that now that
Speaker 12: there's labor piece to the new media deal. Expansion is
Speaker 12: now being discussed, with Seattle and Las Vegas being mentioned
Speaker 12: most often as sites for new teams. John Stashaward Bloomberg sportscar.
Speaker 11: Coast to Coast on Bloomberg Radio, nationwide on Sirius XM,
Speaker 11: and around the world on Bloomberg dot Com and The
Speaker 11: Bloomberg Business.
Speaker 2: This is Bloomberg Daybreak. Good morning. I'm Nathan Hager. Shares
Speaker 2: of Donald Trump's media company, Trump Media and Technology are
Speaker 2: the biggest laggards in early trading, down nearly seventeen percent
Speaker 2: this morning after an ABC News presidential debate that saw
Speaker 2: the former president meet Vice President Kamala Harris for the
Speaker 2: first time and find himself on the defensive over ninety
Speaker 2: minutes on issues ranging from the economy and immigration to
Speaker 2: foreign policy and abortion rights. On this morning, after the debate,
Speaker 2: we are very pleased to bring you a roundtable discussion
Speaker 2: with Jennifer Lawless, the chair of the politics department at
Speaker 2: the University of Virginia, and we were joined as well
Speaker 2: by Terry Haynes, the founder of Pangea Policy. Good morning
Speaker 2: to both of you. Thanks for so much for being
Speaker 2: with us, and if this debate were about defining the
Speaker 2: other candidate. We did see Kamala Harris do that at
Speaker 2: a number of points against Donald Trump, including this moment.
Speaker 1: Listen.
Speaker 3: His former chief of staff of four star general has
Speaker 3: said he has contempt for the Constitution of the United States.
Speaker 3: His former national security advisor has said he is dangerous
Speaker 3: and unfit. His Secretary of Defense has said the nation
Speaker 3: the Republic would never survive another Trump term.
Speaker 2: Jennifer Lawless of UVA want to get your reaction first
Speaker 2: to what we heard over the ninety minutes last night.
Speaker 14: Good morning, Good morning. I think Kamala Harris performed as
Speaker 14: well as anybody could have expected and as well as
Speaker 14: Democrats could have hoped. She kept Donald Trump on the
Speaker 14: defensive on both domestic policy and foreign policy almost the
Speaker 14: entire debate, and if her goal was to get under
Speaker 14: his skin, she did it. So. She was able to
Speaker 14: basically set the agenda when it came to topics, when
Speaker 14: it came to issues, and very rarely did he fact
Speaker 14: check her or correct anything she said. So I think
Speaker 14: it was a big win for Harris. Trump, on the
Speaker 14: other hand, demonstrated he was quite frazzled and quite unable
Speaker 14: to articulate a clear vision from moving forward.
Speaker 2: Your reaction as well, Terry. Did Kamala Harris perform as
Speaker 2: well as expected or did she outperform? Did she need
Speaker 2: to outperform?
Speaker 7: Last night?
Speaker 15: Good morning, Nathan. You know, I think that Harris very
Speaker 15: clearly won the debate because she passed. She did what
Speaker 15: she needed to do, passing and exceeding passing the fundamental
Speaker 15: threshold credibility test on fitness to lead the country. I
Speaker 15: think she helped herself as much as she could. She
Speaker 15: was also helped by by by Trump's performance, which I
Speaker 15: think was combative and shouty. She showed a lot of
Speaker 15: command of the issues, the passion, the ability to place
Speaker 15: herself on a on a higher moral plane. I thought
Speaker 15: that was all very good if she prosecuted the case
Speaker 15: very well. Finally, a note for markets, there's no policy clarity,
Speaker 15: but none should be none should have been expected. Cane
Speaker 15: to caution against a Harris trade and the idea that
Speaker 15: there's some sort of one party wave building. What you're
Speaker 15: going to end up with in Washington very likely is
Speaker 15: a continued politically split Washington that's going to blunt a
Speaker 15: lot of the concerns about what Harris's agenda might be.
Speaker 2: We did hear a lot of discussion about policy, though,
Speaker 2: including the idea that former President Trump's tariff plans would
Speaker 2: be taxes on Americans. She also defended her own policies
Speaker 2: of trying to bring tax breaks to small businesses. Jennifer
Speaker 2: did those points stick for Harris?
Speaker 14: I think that for people that were looking for details
Speaker 14: about policy, the childcare tax credit, she mentioned, the small
Speaker 14: business tax credit that she mentioned, concerns over Donald Trump's
Speaker 14: tariffs were somewhat sufficient. She at least gave some examples,
Speaker 14: But night was not a masterclass in economic policy or
Speaker 14: any particular policy for that for that point. So, you know,
Speaker 14: I think people that were looking for policy details found them.
Speaker 14: But generally it was an opportunity to demonstrate the character
Speaker 14: and the stature of both candidates.
Speaker 2: Going into this debate. Terry, we had heard that, or
Speaker 2: we've had some thought perhaps that Vice President Harris was
Speaker 2: going to be under some pressure to explain some of
Speaker 2: her shifts in policy when it comes to fracking and immigration.
Speaker 2: But we also heard former President Trump asked about some
Speaker 2: of his shifts in policy, including on whether he would
Speaker 2: push to repeal and replace the Affordable Care Act. Let's
Speaker 2: listen to a bit of that.
Speaker 4: I have concepts of a plan. I'm not president right now,
Speaker 4: but if we come up with something, I would only
Speaker 4: change it if we come up with something that's better
Speaker 4: and less expensive, and there are concepts and options we
Speaker 4: have to do that.
Speaker 2: Does the former president Terry need to answer more for
Speaker 2: some of his own policy proposals what he would do
Speaker 2: specifically as president?
Speaker 15: Well, you know it's uh. Harris had a kind of
Speaker 15: a perfect storm in a positive sense. She you know,
Speaker 15: the social issues are very much to her advantage. Firstly, Secondly,
Speaker 15: she could talk about social issues including healthcare and abortion
Speaker 15: with with you know, by by touting achievements from her
Speaker 15: administration and the previous administration. And thirdly, she could use
Speaker 15: it to take advantage of Trump's kind of muddled responses
Speaker 15: which had been apparent even before the debate on what
Speaker 15: he would do about the Affordable Care Act if anything,
Speaker 15: always a hot button issue for for hardcore Republicans, as
Speaker 15: well as the shifting positions back and forth on abortion.
Speaker 15: So I thought she did a very good job of
Speaker 15: crowding Trump on what was perceived to be an issue's
Speaker 15: advantage for Trump, and by doing so frankly bolstered her
Speaker 15: own credibility, which was the point of the evening.
Speaker 2: We're speaking with Terry Haines, the founder of Pangaeopolicy, along
Speaker 2: with Jennifer Lawless, chair of the Politics Department at the
Speaker 2: University of Virginia. Jennifer to get back to the idea
Speaker 2: of defining the other candidate. At one point, we heard
Speaker 2: former President Trump flat out call Kamala Harris a Marxist.
Speaker 2: Does that kind of argument stick with Kamala Harris?
Speaker 14: It doesn't for a few reasons. The first is it's
Speaker 14: so hyperbolic that it's difficult to imagine that Americans will
Speaker 14: believe it. Second, many don't know what that even means.
Speaker 14: And third, later on in the debate, when he was
Speaker 14: talking about her flip flopping policies, several of them were
Speaker 14: flip flops that he would consider more towards them and
Speaker 14: more toward moderation. So he did try to say something like,
Speaker 14: she's going to try to perceive herself. She's going to
Speaker 14: get you to perceive her as a moderate, and then
Speaker 14: she'll change when she's in office. But she has a
Speaker 14: record as a g as senator, as vice president. To
Speaker 14: quell those concerns among voters. So I think it was
Speaker 14: a talking point. I think it was something that Donald
Speaker 14: Trump thought would be cute, and I don't think it stuck.
Speaker 2: What about you, Terry, And I wonder whether you think
Speaker 2: some of the answers that Kamala Harris gave, the calm
Speaker 2: demeanor that she put out there, perhaps compared to some
Speaker 2: of the more stridency of former President Trump, might come
Speaker 2: off as maybe overscripted. Is there a risk of that
Speaker 2: for Kamala Harris?
Speaker 15: You know, I think the I think the punditocracy out
Speaker 15: there makes entirely too much of that. The reason why
Speaker 15: I say that is, you know, they have been you
Speaker 15: have been, Professor Lawless has been I have been listening
Speaker 15: to all these statements, all these speeches, you know, turning
Speaker 15: them over every day. The vast majority of the American
Speaker 15: public hasn't. And you know, there were well over one
Speaker 15: hundred million people watching and listening last night by going
Speaker 15: by polling about who was going to watch, and you know,
Speaker 15: so they were hearing all that for the first time.
Speaker 15: So I don't really think there's a problem with it
Speaker 15: being canned. What I what I got out of Harris
Speaker 15: was really three things. First, of all, she effectively positioned
Speaker 15: herself as a candidate of the future versus the past,
Speaker 15: and Trump helped her. That split screen was particularly striking
Speaker 15: in terms of the future versus the past, the generational contrast. Secondly, finally,
Speaker 15: I think that the rhetorical contrast was also huge. It
Speaker 15: was one of hearing kind of fresher yes yet familiar
Speaker 15: music from Harris versus you know, hearing the same old
Speaker 15: oldies channel and from Trump, and the hyperbole doesn't serve
Speaker 15: well if it doesn't seem incredible, and I certainly don't
Speaker 15: think vast majority of voters we'll see it as credible.
Speaker 2: With Harris on the point of the hyperbole, Jennifer, I
Speaker 2: think a moment that probably got a lot of viewers'
Speaker 2: attention last night was this unfounded conspiracy theory that the
Speaker 2: former president brought up in a discussion on immigration about
Speaker 2: migrants in Springfield, Ohio eating people's pets. Is this going
Speaker 2: to be one of those moments that gets replayed on
Speaker 2: campaign ads all the way into November.
Speaker 14: I think it is for a couple of reasons. The
Speaker 14: first is that following the debate, jd Vance in the
Speaker 14: Spin room actually doubled down on that claim and said
Speaker 14: that people are calling his Senate office with those concerns
Speaker 14: despite the fact that it's obviously been debunked. And second,
Speaker 14: it's one of these things that the split screen really
Speaker 14: highlighted in terms of what the presidency would look like
Speaker 14: if you had more of what Kamala Harris calls chaos
Speaker 14: from Donald Trump or a vision for the future from
Speaker 14: Kamala Harris. So I think that kind of statement just
Speaker 14: generally embodies the fact that Donald Trump is willing to
Speaker 14: say anything. He's willing to put forward any conspiracy theory
Speaker 14: or any lie, and he's willing to double down. He
Speaker 14: did that with the Central Park five line as well
Speaker 14: last night, which was just appalling.
Speaker 2: And after the debate, Terry, we actually saw former President
Speaker 2: Trump make the rare step of going into the spin
Speaker 2: room to talk with reporters, to talk with Fox News
Speaker 2: host Sean Hannity, and to complain about the moderators, saying
Speaker 2: it was three against one for him.
Speaker 10: What of that?
Speaker 2: Was there sort of a gang up on former President Trump?
Speaker 2: Can he defend that?
Speaker 15: Well, it's you know, if your lead, your lead problem
Speaker 15: is that you're concerned that the refs were gaming you,
Speaker 15: You're losing. If you're out there, if you're out there
Speaker 15: spinning personally, I think you're also losing. And you know
Speaker 15: that this is by now for Trump. Uh. You know,
Speaker 15: if I can piggyback on Professor lawas remarks, this is
Speaker 15: a pet issue for him and thank you, thank you
Speaker 15: for laughing at my job and the uh. But you
Speaker 15: know that is something that the Professor Lawas's point, that
Speaker 15: is something that's going to resonate from now till the election.
Speaker 15: The I have only to point to the Drudge Report
Speaker 15: this morning which has a leads with a picture of
Speaker 15: Trump with with a cat sitting on his lap and
Speaker 15: a bunch of animals, with the headline the end subbed
Speaker 15: the night Trump lost at all. You're gonna hear about
Speaker 15: that from that that the bunch claim from now until November.
Speaker 15: On two levels, One is that the bunch claim, and secondly,
Speaker 15: by the way that he started to he talked about
Speaker 15: it repeatedly as Springfield, Illinois and uh. And this is
Speaker 15: going to be used as by the Harris campaign again
Speaker 15: generationally to say yo allah Biden, poor old Trump, he's
Speaker 15: pasted it.
Speaker 2: And after the debate we saw a picture of a
Speaker 2: cat being held by Taylor Swift in an endorsement on
Speaker 2: Instagram for Kamala Harris Jennifer. What's going to be the
Speaker 2: bigger deal as we head to November? This debate or
Speaker 2: the Taylor Swift endorsement?
Speaker 14: I think they both matter for different reasons to different people.
Speaker 14: Taylor Swift has millions and millions of followers who are
Speaker 14: not at all interested in politics, but are very interested
Speaker 14: in doing whatever Taylor Swift tells them to do. So
Speaker 14: the get out the vote potential of a Taylor Swift
Speaker 14: endorsement is huge for the Harris campaign. But Donald Trump
Speaker 14: coming undone and the memes and the ads that we
Speaker 14: can expect over the course of the next eight weeks
Speaker 14: are going to be very helpful to the Harris campaign
Speaker 14: as well.
Speaker 2: Just twenty seconds left, I'll leave you with the last word, Terry.
Speaker 2: Do you think there's going to be another debate this one?
Speaker 2: And what about the Taylor Swift endorsement?
Speaker 15: Well, I wouldn't be surprised for about another debate, but
Speaker 15: I think Harris would be foolish to do it. Frankly,
Speaker 15: she's gotten everything from the format she needs to do. Finally,
Speaker 15: you know what you've got is you've got the summer
Speaker 15: of bratt followed by the fall of the Swifties, and
Speaker 15: I think that's going to be a part of a
Speaker 15: renewed Harris momentum and a long term moved or towards
Speaker 15: her by undecided voters.
Speaker 2: This is Bloomberg day Break Today, your morning brief on
Speaker 2: the stories making news from Wall Street to Washington and beyond.
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