WEBVTT - Bloomberg's Talev on Clinton Getting Under Trump's Skin (Audio)

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<v Speaker 1>Broadcasting live to New York, Bloomberg even to Washington, d C.

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<v Speaker 1>Bloomber to Boston, Bloomberg twelve hundred to San Francisco, Bloomberg

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<v Speaker 1>to the Country General one and around the globe the

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<v Speaker 1>Bloomberg Radio Plus happened, Bloomberg got gone. This is taking Stock.

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<v Speaker 1>Coming up on taking Stock. Will be speaking with Margaret Tolla,

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<v Speaker 1>is our White House correspondent for Bloomberg News, to be

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<v Speaker 1>giving us a little bit of a wrap up of

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<v Speaker 1>last night's debate and find out what's next for the candidates.

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<v Speaker 1>That's a very interesting question, isn't it. PM. Let's get

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<v Speaker 1>right to Charlie Pelton news room. He's got a Bloomberg

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<v Speaker 1>business flash and I thank you very much. Kathleen Hayes,

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<v Speaker 1>thank you, pim Fox, the dal V, SMP, NEZ DAK

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<v Speaker 1>all trading close to the best level of the day.

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<v Speaker 1>Stocks are advancing after last night's presidential debate. If you

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<v Speaker 1>tuned in, you know that one of the topics that

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<v Speaker 1>came up last night was the Federal Reserve. The said

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<v Speaker 1>is doing political by keeping the interest rate at this level.

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<v Speaker 1>And believe me, the day Obama goes off and he

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<v Speaker 1>leaves and he goes out to the golf course for

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<v Speaker 1>the rest of his life to play golf. When they

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<v Speaker 1>raise interest Rich, You're gonna see some very bad things

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<v Speaker 1>happen because the Fed is not doing the job. The

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<v Speaker 1>FED is being more political than Secretary Clinton. Well, what

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<v Speaker 1>about a Trump presidency and the Federal Reserve. Dana Peterson

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<v Speaker 1>is an economist at City Group Global Markets, and she

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<v Speaker 1>was interviewed this morning on Bloomberg Television. Well, Mr Trump

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<v Speaker 1>has indicated that potentially Janet Yellen would not be the

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<v Speaker 1>second would not experience a second term. Do we think

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<v Speaker 1>that she would He would try to oust her in

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<v Speaker 1>the first year of his term and also the last

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<v Speaker 1>year of her term. Most likely not, but we would

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<v Speaker 1>expect that he probably choose a federal governor um a sorry,

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<v Speaker 1>a terror person who might potentially uh handle monetary policy

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<v Speaker 1>a little bit differently. Delta Airlines studying a purchase of

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<v Speaker 1>roomier regional jets with a list value of as much

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<v Speaker 1>as two point three billion dollars, provided the company can

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<v Speaker 1>get the pilots union to accept an overhaul of the

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<v Speaker 1>small plane fleet. Delta shares they're advancing today by two

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<v Speaker 1>point eight percent. Airline stocks are rallying SMP five hundred

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<v Speaker 1>index up thirteen fifty nine, a gain there of six

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<v Speaker 1>tenths of one percent. Down Industrial is up one thirty

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<v Speaker 1>now a gain of seven tenths of one percent, and

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<v Speaker 1>has stack up nine tenths of one percent. The tenure

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<v Speaker 1>up seven thirty seconds, the yield one point five six percent,

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<v Speaker 1>Gold down twelve fifty, the ounce dropping nine tenths of

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<v Speaker 1>one percent, and crude oil and West Texas Intermediate down

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<v Speaker 1>two point seven percent to forty four sixty eight. And

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<v Speaker 1>now let's take a look at some of the other

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<v Speaker 1>stories making news. Thank you Charlie from the Bloomberg News Room.

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<v Speaker 1>I'm Rami in a cent cio. This news update is

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<v Speaker 1>brought to you by your Mercedes Benz Tri State Dealer

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<v Speaker 1>Experience the twenty seventeen Mercedes Benz g LC at your

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<v Speaker 1>everything for every one. Go to m b USA dot

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<v Speaker 1>com for details. President Obama says last night's presidential debate

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<v Speaker 1>demonstrated a sharp contrast between the candidates. Speaking on on

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<v Speaker 1>air with Ryan Seacrest, the President said he encounter shows

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<v Speaker 1>Donald Trump, in his words, doesn't have the preparation, the temperament,

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<v Speaker 1>or the core values to be president. I'm admittedly biased.

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<v Speaker 1>I have worked with Gillary. I know her. Uh. She

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<v Speaker 1>is well prepared. She's got the right temperament for the job.

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<v Speaker 1>She's well respected around the world. She's serious, she does

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<v Speaker 1>her homework. Last night's Face Off delivered a likely contender

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<v Speaker 1>for one of the year's biggest TV events, but Bloomberg's

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<v Speaker 1>Bomb Moon reports we don't yet know if it was

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<v Speaker 1>the most watch debate ever. The initial partial ratings from ABC, CBS, NBC,

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<v Speaker 1>and Fox or of over the first Obama Romney debate

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<v Speaker 1>four years ago, which was watched by about forty six

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<v Speaker 1>million people. According to The Hollywood Reporter, That puts this

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<v Speaker 1>event on track to be a record center or very

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<v Speaker 1>close to an all time high, though it may fall

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<v Speaker 1>short of the one million mark. Those Big four overnight

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<v Speaker 1>ratings don't include p yes, cable, online streaming, or other sources.

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<v Speaker 1>Those estimates should come tomorrow. The first Carter Reagan debate

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<v Speaker 1>in the nineteen eight election was watched by a record

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<v Speaker 1>eighteen million viewers. Bob Moon, Bloomberg, Radio, and public school

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<v Speaker 1>students from low income families will no longer have to

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<v Speaker 1>pay a fee to apply to the City University of

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<v Speaker 1>New York. Official say the move is part of an

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<v Speaker 1>effort to encourage more young people to go to college.

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<v Speaker 1>Global News twenty four hours a day, powered by more

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<v Speaker 1>than journalists and analysts in more than one hundred twenty countries.

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<v Speaker 1>I'm Rainey in Essencio. This is Bloomberg, Charlie, and we

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<v Speaker 1>thank you and again recapping US equities are advancing SMP

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<v Speaker 1>five hundred index up nine, a gain of six tenths

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<v Speaker 1>of one percent. I'm Charlie Pellett and that's a Bloomberg

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<v Speaker 1>business flash. This is taking stock with Bim Fox and

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<v Speaker 1>Kathleen Hayes on Bloomberg Radio. Dal Trump had one job.

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<v Speaker 1>Don't take the bait, but let Hillary Clinton get under

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<v Speaker 1>his skin minutes into their first presidential debate Monday night,

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<v Speaker 1>so writes Margaret Talent, Bloomberg News White House Correspondent. In

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<v Speaker 1>her piece, co written was Sahil Kapoor on the Bloomberg

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<v Speaker 1>Today on Bloomberg dot Com. Margaret joins us, Now if

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<v Speaker 1>it's interesting, Margaret, because after the Democratic National Convention, when

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<v Speaker 1>the Muslim American UH family spoke about their son who

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<v Speaker 1>was killed in action, there was a very interesting peace

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<v Speaker 1>online comparing Hillary Clinton to a very skilled matador who

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<v Speaker 1>had manipulated the bull in the ring Donald Trump to

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<v Speaker 1>take the bait. Is your sense according to your story,

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<v Speaker 1>it seems it is that this happened again last night.

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<v Speaker 1>It's so interesting that you compare the two, because I

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<v Speaker 1>think we are seeing a lot of that today in

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<v Speaker 1>terms of uh, Mr Trump's treatment of Alicia Machado, this

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<v Speaker 1>former Miss Universe contestant who at the time when Trump

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<v Speaker 1>oh the Miss Universe pageant, he was critical of her

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<v Speaker 1>weight gain and rather than kind of, you know, I say, hey,

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<v Speaker 1>that was a long time ago, I know, apologize or

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<v Speaker 1>my statements, or saying something like books she's entitled her opinion,

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<v Speaker 1>let's move on, sort of doubling down on her, saying, hey,

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<v Speaker 1>you know the business man and there was a big

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<v Speaker 1>problem she gave the massive amount of weight. And this

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<v Speaker 1>does have sort of echoes to what happened there with

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<v Speaker 1>the con family, where these are grieving parents, obviously entitled

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<v Speaker 1>to their opinions, and rather than just sort of let

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<v Speaker 1>it go, he decided to engage with them and uh

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<v Speaker 1>and criticize them for criticizing him. That didn't bode well

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<v Speaker 1>for him in those days after the convention, um, you know,

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<v Speaker 1>and Hillary Clinton is hoping to kind of take maximum

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<v Speaker 1>advantage of that today coming out of that debate, Margaret,

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<v Speaker 1>What are negative emotion words? Uh? And what and what

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<v Speaker 1>are they? What are they and why are they noteworthy?

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<v Speaker 1>They're noteworthy for two reasons. Uh. One is to watch

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<v Speaker 1>the pace and the sort of propensity with which they're

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<v Speaker 1>used in the debate and in others because they give

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<v Speaker 1>you a sense of how a candidate is trying to win.

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<v Speaker 1>Are they trying to sell a positive message of themselves

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<v Speaker 1>or a negative message of their opponent on both fronts.

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<v Speaker 1>What you see from sort of an initial survey of

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<v Speaker 1>you know, the words use last night is that Donald

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<v Speaker 1>Trump uh was turning increasingly to negative words as as

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<v Speaker 1>the debate got worse for him. And this is look,

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<v Speaker 1>this has been actually a tactic of both phenomenes, because

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<v Speaker 1>neither one of them is particularly like beloved by anyone

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<v Speaker 1>outside of a core base, right and so they've both

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<v Speaker 1>found up until now more success and kind of uh

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<v Speaker 1>addressing the other one down raising concerns about the other

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<v Speaker 1>one than in burnishing their own positive image. Hillary Clinton

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<v Speaker 1>may have an opportunity coming out of this debate to

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<v Speaker 1>sell a more positive image of herself, both to the

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<v Speaker 1>places where she should be strong, like the woman's vote,

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<v Speaker 1>and the places where she's really had trouble men, middle

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<v Speaker 1>class voters, working class voters, and young people. She's trying

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<v Speaker 1>to see that windows now. She hasn't had much success

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<v Speaker 1>until now. You know, Margaret, I just have a hard

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<v Speaker 1>time figuring out what people really think about who won,

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<v Speaker 1>and I'll tell you why. For example, are Bloomberg News

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<v Speaker 1>story quotes, CNN snap poll finding a six voters who

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<v Speaker 1>watched the Clinton won the debate for Trump. Now I'm

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<v Speaker 1>looking at another thing, the Drudge Reports online vote. Let's

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<v Speaker 1>see said trump one. Uh, if you look at a

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<v Speaker 1>Fox News online vote, trump won with of respondents. Is

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<v Speaker 1>there a definitive pole or polls that we can say, well,

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<v Speaker 1>this wasn't somehow self selective in terms of the nation's

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<v Speaker 1>view of who won. Or is it just impossible because

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<v Speaker 1>everyone so polarized. Well, certainly when you have online or

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<v Speaker 1>sort of instant polling, who's participating, you know matters. Typically

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<v Speaker 1>it takes a few days for the results of something

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<v Speaker 1>like this to really settle in terms of how much

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<v Speaker 1>does it shape people thinking going forward. The one area

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<v Speaker 1>where Trump did do very well in the debate was

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<v Speaker 1>sort of that first twenty minutes to thirty minute window

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<v Speaker 1>where he was going after Hillary Clinton aggressively on her

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<v Speaker 1>support of trade and her husband's support of trade policies

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<v Speaker 1>during his time as president, and the idea that that

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<v Speaker 1>had helped to undercut job stability ages in some key

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<v Speaker 1>battleground states like Ohio and some places that Trump is

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<v Speaker 1>hoping to take away from Clinton, Michigan, Wisconsin, that sort

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<v Speaker 1>of thing, if that ends up being what stuck you

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<v Speaker 1>could have I suppose a really sort of uh, you know,

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<v Speaker 1>going against conventional wisdom. Uh. Look, if if Donald Trump

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<v Speaker 1>is to make key games in key battleground states with

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<v Speaker 1>formerly Democratic working class voters, then none of the rest

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<v Speaker 1>of it matters. But the problem for him is that

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<v Speaker 1>he actually needs to be picking up states, not just

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<v Speaker 1>holding states from from Romney's performance in twelve and sort

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<v Speaker 1>of the general thought coming out of this debate is

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<v Speaker 1>that although he did well on sort of the trade, jobs,

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<v Speaker 1>economy issues, uh, he bungled so many things when it

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<v Speaker 1>comes to two women and minorities and and kind of

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<v Speaker 1>maybe sort of centrist um moderate Republicans that he may

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<v Speaker 1>have done himself more harm than good market. Just quickly, here,

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<v Speaker 1>I'm going to give you a couple of states. Tell

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<v Speaker 1>of your thoughts. Because it's Wisconsin, Illinois, Indiana, Pennsylvania and

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<v Speaker 1>New hamps Sure, what is what is common? Democrats are

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<v Speaker 1>likely to pick off some Senate seats. Yeah, look, those

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<v Speaker 1>are all really interesting states for different reasons. Uh, the Democrats,

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<v Speaker 1>if it came down to a very close race, New

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<v Speaker 1>Hampshire could actually be very important and interesting. Democrats have

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<v Speaker 1>to think about holding Pennsylvania for presidential purposes. Anything after that,

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<v Speaker 1>it's gravy. Donald Trump's betting on two places that I

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<v Speaker 1>would watch look at look at Florida and look at

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<v Speaker 1>that kind of area right up by Michigan and Wisconsin

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<v Speaker 1>for the Democrats. Uh, the sent its great, but the

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<v Speaker 1>president and surprise and that was all about Still, thank

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<v Speaker 1>you very much. Margaret tal of White House, correspondent for

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<v Speaker 1>Bloomberg News, joining us from Washington, d C. Homes of

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<v Speaker 1>Bloomberg's one and one oh five point seven h D two.

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<v Speaker 1>You can follow Margaret on Twitter at Margaret Tala t

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<v Speaker 1>A L e V. This is taking stock and this

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<v Speaker 1>is Bloomberg Bloombertaky's stock is brought to you by Kimpton

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