1 00:00:00,080 --> 00:00:15,320 Speaker 1: Bloomberg Audio Studios, Podcasts, radio news. 2 00:00:13,720 --> 00:00:17,599 Speaker 2: A single Best Idea. It is a short podcast around 3 00:00:17,600 --> 00:00:21,160 Speaker 2: your longer podcast The Wonderful, The Big Take with David 4 00:00:21,200 --> 00:00:24,880 Speaker 2: Gerr's One Idea, but many other good podcasts, Odd Lots 5 00:00:24,920 --> 00:00:29,400 Speaker 2: on Fire, Tracy Alloway, she was today, Tracy's got going 6 00:00:29,440 --> 00:00:31,280 Speaker 2: out to the airport to get the golf stream back 7 00:00:31,320 --> 00:00:34,760 Speaker 2: to New York. And the Uber drivers listening to Bloomberg Surveillance. 8 00:00:34,760 --> 00:00:36,520 Speaker 2: I think that's you know, that's the way we roll. 9 00:00:37,040 --> 00:00:39,400 Speaker 2: But they were in Washington last night and Odd Lots 10 00:00:39,440 --> 00:00:44,400 Speaker 2: Tracy Alloway and Joe Eisenthal selling out the theater there 11 00:00:44,479 --> 00:00:49,760 Speaker 2: in the Southeast District, and you know, that's just wonderful 12 00:00:49,800 --> 00:00:52,840 Speaker 2: to see that that's out. Odd Lots Out on Bloomberg 13 00:00:53,680 --> 00:00:57,360 Speaker 2: podcast Today was overwhelming. We could have made a forty 14 00:00:57,400 --> 00:01:02,840 Speaker 2: minute single Best Idea and you know, had good conversations 15 00:01:02,920 --> 00:01:05,640 Speaker 2: left over. But we start with Jeffrey You of B 16 00:01:05,760 --> 00:01:09,880 Speaker 2: and Y. He is wonderful at the correlations of the market. 17 00:01:10,200 --> 00:01:14,959 Speaker 2: He's got that LC synthesis that comes out of London 18 00:01:14,959 --> 00:01:20,520 Speaker 2: School of Economics BNY. And of course talking to him 19 00:01:20,880 --> 00:01:23,319 Speaker 2: about all that's going on, I did an audible and 20 00:01:23,360 --> 00:01:26,360 Speaker 2: we're talking about Mario Dragi as technocrat of Italy and 21 00:01:26,400 --> 00:01:32,200 Speaker 2: the ECB is Mark Kearney now of Canada a technocrad. 22 00:01:31,959 --> 00:01:35,200 Speaker 3: That would be the market characterization. But let's see what 23 00:01:35,280 --> 00:01:37,680 Speaker 3: else he can do. You can be a technocrat and 24 00:01:37,720 --> 00:01:40,960 Speaker 3: also a political leader who says these two are exclusive. 25 00:01:41,040 --> 00:01:43,319 Speaker 3: And Mario Draghi was a political leader as well, so 26 00:01:43,400 --> 00:01:46,520 Speaker 3: he led Italy for those two years, but of course 27 00:01:46,680 --> 00:01:50,000 Speaker 3: under a technocratic mandate. So let's wait for the elections 28 00:01:50,040 --> 00:01:52,600 Speaker 3: to see what the manifesto from the Liberal Party will be. 29 00:01:52,760 --> 00:01:55,320 Speaker 3: What kind of a mandate he will run under, I 30 00:01:55,320 --> 00:01:58,280 Speaker 3: assume be quite different compared to what Mario Dragi run under. 31 00:01:58,280 --> 00:02:01,240 Speaker 3: But ultimately can he deliver for the Canadian economy? Can 32 00:02:01,600 --> 00:02:05,520 Speaker 3: he all the German terms restructure the Canadian economy so 33 00:02:05,640 --> 00:02:08,680 Speaker 3: that it is less perhaps dependent on two way trade 34 00:02:08,760 --> 00:02:10,680 Speaker 3: south of the border. That will be the challenge for him. 35 00:02:10,960 --> 00:02:14,560 Speaker 2: Jeffrey you of b and Y. There on Mark Kearney 36 00:02:14,960 --> 00:02:18,160 Speaker 2: of the Liberal Party and now is leadership of Canada. 37 00:02:18,240 --> 00:02:22,520 Speaker 2: I believe an election coming soon, not announced yet. Robert 38 00:02:22,520 --> 00:02:26,280 Speaker 2: Hormatz has been a supporter of my work for decades 39 00:02:26,320 --> 00:02:28,800 Speaker 2: and of course his public service to the nation, working 40 00:02:29,200 --> 00:02:33,359 Speaker 2: with Secretary Clinton years ago has worked at Goldman Sachs International. 41 00:02:34,040 --> 00:02:37,440 Speaker 2: He was on fire today about the moment we are 42 00:02:37,480 --> 00:02:40,359 Speaker 2: living in. He's just back from Paris, where he got 43 00:02:40,360 --> 00:02:43,920 Speaker 2: a real earful of what the Europeans think. We had 44 00:02:43,960 --> 00:02:48,280 Speaker 2: a wonderful, just many, many item conversation, and at the 45 00:02:48,400 --> 00:02:52,080 Speaker 2: end of it, I just simply said, should Secretary of 46 00:02:52,120 --> 00:02:54,639 Speaker 2: State Marco Rubio resign? 47 00:02:55,240 --> 00:02:59,320 Speaker 4: Oh? I think that's not an answer to anything. I 48 00:02:59,320 --> 00:03:03,080 Speaker 4: think Rubio was a guy who has been involved on 49 00:03:03,560 --> 00:03:09,480 Speaker 4: global strategic and foreign policy issues and is a very 50 00:03:09,520 --> 00:03:13,600 Speaker 4: reasonable choice for that job. I do think, though, that 51 00:03:14,520 --> 00:03:19,040 Speaker 4: it's important that he have a strong voice, because I 52 00:03:19,040 --> 00:03:22,200 Speaker 4: think he does, from his time on the hill and 53 00:03:22,280 --> 00:03:25,320 Speaker 4: his background, have an understanding of the global system. And 54 00:03:26,280 --> 00:03:29,440 Speaker 4: I think that's fine. I mean Trump should have a choice, 55 00:03:29,480 --> 00:03:32,000 Speaker 4: and Rubio is a very reasonable choice for that. 56 00:03:32,760 --> 00:03:36,360 Speaker 2: Robert Hormantz, of course, the Kissinger associates there on the 57 00:03:36,400 --> 00:03:40,200 Speaker 2: Secretary of State. What a week it's been. We move 58 00:03:40,280 --> 00:03:43,520 Speaker 2: forward into what will be an interesting Friday. Of course. 59 00:03:43,520 --> 00:03:46,119 Speaker 2: Shut Down Nathan Dean, thank you so much Nathan Dean 60 00:03:46,560 --> 00:03:49,880 Speaker 2: in Washington with Bloomberg Government for his work today. He 61 00:03:50,040 --> 00:03:54,320 Speaker 2: is a surveillance Shutdown correspondent we'll see on that tomorrow 62 00:03:54,680 --> 00:03:57,760 Speaker 2: across the nation on your commute. Good morning ninety nine 63 00:03:57,840 --> 00:04:02,800 Speaker 2: one FM in Washington. Good morning to Tracy Alloway's Uber driver. Also, 64 00:04:02,960 --> 00:04:07,280 Speaker 2: we should say on YouTube, subscribe to Bloomberg podcasts and 65 00:04:07,440 --> 00:04:18,600 Speaker 2: on YouTube podcasts it's single best idea.