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Speaker 1: Bowls of clouds and sunshine on Thursday with the best

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Speaker 1: road in and out the city optional CRISPN Bloomberg eleventh

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Speaker 1: three oh, Bloomberg Surveillance now Global Business News twenty four

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Speaker 1: hours a day, Bloomberg dot Com, the Radio plus mobile

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Speaker 1: last and on your radio. This is a Bloomberg Business

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Speaker 1: Flash and I'm Karen Moscow. This update is brought to

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Speaker 1: you by Sector spider et f by by a single stock.

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Speaker 1: When you can invest in the entire sector, visits sector

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Speaker 1: spd r s dot com or call Sector e t

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Speaker 1: f U s dot Index futures are lower this morning,

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Speaker 1: with SMP eveny futures down ten and a half points,

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Speaker 1: now eveny futures down seventy two and NAS doc euny

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Speaker 1: futures down fourteen. This is investors consider the capacity of

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Speaker 1: central banks to boost a global growth. I do you

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Speaker 1: check the markets every fifteen minutes throughout the trading day

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Speaker 1: on Bloomberg. Dax in Germany is down six tenths per cent,

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Speaker 1: the FT one hundred down seven tenths per cent, in

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Speaker 1: the catch in Paris down nine tenths per set. Tenure

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Speaker 1: Treasury is of six thirty seconds. The at one point

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Speaker 1: nine three percent yield on the two year point nine

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Speaker 1: four percent. NIMEX scrude oil is down two point three

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Speaker 1: percent or eighty seven cents at thirty six thirty one

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Speaker 1: a barrel. Comex Gold down seven tenths percent or eight

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Speaker 1: dollars seventy cents to twelve thirty six forty announced, the

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Speaker 1: euros at a dollar ten ninety four, the yen at

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Speaker 1: one thirteen even. Bellion Pharmaceuticals International down about seventeen percent

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Speaker 1: and early trading after lowering its sales and profit forecast

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Speaker 1: for twenty sixteen. Freeport mcmaran down fourteen and a half

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Speaker 1: percent this morning. Is commodity prices declined for a second

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Speaker 1: day and Jefferies Group reporting a fiscal first quarter loss

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Speaker 1: as trading stocks and bonds tumbled eighty two percent. And

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Speaker 1: I'm sorry Freeport mcmaran rather down four and a half

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Speaker 1: percent is as commodity prices declined for a second day.

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Speaker 1: So four and a half percent decline for Freeport mcmaran.

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Speaker 1: That's a Bloomberg business flash. Tom and Mike karen Moska,

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Speaker 1: thank you very much. Tom. Depressing tweet here out of Russia.

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Speaker 1: Uh someone in Russian quoting Vladimir putin this morning, the

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Speaker 1: people approve of repressive measures even the Interior Ministry if

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Speaker 1: they are in the public interest. Wasn't that said this weekend?

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Speaker 1: And yeah, you would, uh, we would have laughed about

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Speaker 1: that at some point and made fun of them, but

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Speaker 1: no longer chucked out is the host of NBC's Meet

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Speaker 1: the Press, also the political director for NBC News and

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Speaker 1: uh star of Bloomberg Radio, because you can hear Meet

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Speaker 1: the Press every Sunday twelve and three here eleven and three,

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Speaker 1: rather here on a Bloomberg Radio A Good morning, Chuck.

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Speaker 1: Is kind of weird that something like that could be

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Speaker 1: said in Russia and it could equally almost apply to

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Speaker 1: political candidate here in the United States. You know, it's

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Speaker 1: very interesting what's going on. David Brooks actually two shows

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Speaker 1: ago noted this as well, which is, you know, when

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Speaker 1: we're as a society exciting, there's always a portion in

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Speaker 1: a democratic society when they're frustrated the mechanics of government,

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Speaker 1: right when they're frustrated that things don't get done, where

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Speaker 1: they sit there and say, well, i'd like a more um.

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Speaker 1: You know, they don't want to say they want an autocrat,

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Speaker 1: but essentially they want a strong man, right, a strong

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Speaker 1: man you know when they trust. But there is this

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Speaker 1: idea of looking for strength. So but he is appealing

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Speaker 1: to this portion of the electorate that would would wants

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Speaker 1: an efficient manager. Um, And you know, I think there

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Speaker 1: is that fine line is from strong leader to a

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Speaker 1: strong man. You know it does. It's within degrees, that's

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Speaker 1: for sure. Chuck, We've gotta back up here and for

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Speaker 1: our global audience make clear that Mr Todd uh basically

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Speaker 1: invented granularity in political analysis, is a ute and that

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Speaker 1: he has been a piniona from Mr Trump long before

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Speaker 1: Mr Trump decided to run for office. Mr Trump taking

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Speaker 1: a do you on Twitter? I think you've got a

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Speaker 1: more interesting take on this and arguably anybody in the media.

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Speaker 1: And the simple answer is if he moves to the middle,

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Speaker 1: is any candidate must do the people that support him

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Speaker 1: and taking shots at Chuck Todd among other things, do

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Speaker 1: they move with him? I can't get there. Well, I

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Speaker 1: think his people move with him. What I don't know

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Speaker 1: is how does he grow look his deeport his people. Okay,

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Speaker 1: I think we have let's let's you know, twenty two contests. Now,

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Speaker 1: how many times we go, oh boy, this one could

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Speaker 1: hurt him. This one could nothing feels support away from him.

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Speaker 1: Now the question is does he add to it? Can

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Speaker 1: he add on support um and in the primaries, and

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Speaker 1: that's where we haven't seen any evidence that he can

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Speaker 1: add on support. And so as the field narrows, he

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Speaker 1: seems to be getting in depending on the states potentially vulnerable.

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Speaker 1: So we'll find out tonight. But I think that's the

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Speaker 1: tectomy is still an open question. Everything he does reinforces

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Speaker 1: his support, including the idea of saying, yeah, I'll look

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Speaker 1: at the pay in the legal fees, or you know,

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Speaker 1: I want to punch these protests. His people love it,

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Speaker 1: but it's not a way to grow support. And if

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Speaker 1: he doesn't grow support and he's short of the delegates

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Speaker 1: at the convention, I think the party is going to

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Speaker 1: feel as if a majority of the Republican Party is

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Speaker 1: saying stop him. And if that's what the message is

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Speaker 1: by the convention, he's not going to find the fifty

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Speaker 1: delegacy may need if he's fifty short, for instance, to

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Speaker 1: get that nomination. Ron Fournier in the Atlantic today and

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Speaker 1: e j DN was agreeing with the sentiment, suggesting that

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Speaker 1: the ultimate problem we're going to have is that because

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Speaker 1: Trump is so divisive and has lied so much, and

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Speaker 1: because Hillary Clinton is so untrusted by people that you know,

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Speaker 1: even if you get past the campaign, you're going to

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Speaker 1: have trouble governing no matter. I think it's ungovernable. It's

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Speaker 1: funny you said, I completely agree with and he and

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Speaker 1: I talked about this a lot. It doesn't matter what happened.

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Speaker 1: First of all, you're gonna have half the country that's

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Speaker 1: going to think the election wasn't a legitimate particularly if

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Speaker 1: Trump will is. I think his people are going to

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Speaker 1: say it was somehow taken away from him. Um, it

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Speaker 1: doesn't matter. You know, there's gonna be a legitimacy issue.

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Speaker 1: I think the second is there's going to be whoever

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Speaker 1: becomes president, whether it's Trump or Clinton, Let's say that's

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Speaker 1: what happens, that's the general election. Whoever wins is going

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Speaker 1: to be already have a negative approval rating. That's no

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Speaker 1: way to govern. There's no honeymoon there, there's no way

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Speaker 1: of sort of turning a page or something about a

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Speaker 1: presidential election that usually we all want to sort of

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Speaker 1: take a brass and and give the new guy, a

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Speaker 1: new guy or gallant chance under this scenario, there wouldn't

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Speaker 1: be it will be so destructive. So I don't I

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Speaker 1: don't know where this goes. Um, I'm pretty testimistic. I

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Speaker 1: do think this is it all over again, Ni Nixon

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Speaker 1: and Humphrey. I don't think it would have mattered both.

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Speaker 1: I think Humphrey would have had a failed presidency too,

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Speaker 1: you know, I mean it struggle in either way. That's

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Speaker 1: the mood the country's in, Chuck. I looked up Cleveland

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Speaker 1: Inventions and it took me back to Calvin cool. It's

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Speaker 1: twenty four in elf Land and six. I mean, the

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Speaker 1: Republican Party is allowed to morph his Democratic Party doesn't.

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Speaker 1: Any But when you sit around NBC with Ms Mitchell

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Speaker 1: and with Mr Williams and the others at MSNBC and

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Speaker 1: m NBC, what is the framework of your discussion that

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Speaker 1: the establishment is going to reach out to Mr Trump.

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Speaker 1: I haven't observed that yet. I think he did a

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Speaker 1: lot of damage to himself this weekend. You know, look

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Speaker 1: every all these you know, the establishments not looking for

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Speaker 1: much from Trump, but they're looking for a little bit

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Speaker 1: of effort, a little bit of owning it down, a

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Speaker 1: little bit of presidential acting, and he'll do it for

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Speaker 1: about um thirty minutes. You know he'll do it tonight, right,

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Speaker 1: He's done it this morning on the shows already, the

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Speaker 1: morning shows that he's called into. He'll come across reserving coma,

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Speaker 1: and then by tomorrow or the next day, he'll say

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Speaker 1: something outrageous, say something outlandish, and then we go through this,

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Speaker 1: we go through the emotions all over again. So I

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Speaker 1: think the establishment, you know, especially if if he loses

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Speaker 1: Ohio tonight, we'll feel like they shouldn't stop trying to

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Speaker 1: stop him. Um, they also in the town if he

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Speaker 1: wins Ohio, because he's probably gonna have told us to.

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Speaker 1: But if he doesn't, I think it only is going

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Speaker 1: to make the establishments feel as if you know what

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Speaker 1: they have, they have a majority of the party behind

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Speaker 1: them to stop them. That's that's going to be the

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Speaker 1: mindset tonight. And that is something that is something that

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Speaker 1: Trump needs to needs to do. He still needs to

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Speaker 1: win over a majority of the party at some point.

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Speaker 1: He's not there yet. Um. Super Tuesday, Super Tuesday too,

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Speaker 1: as we could call this is important, of course, but

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Speaker 1: uh even more important to most Americans. The n C

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Speaker 1: Double A Tournament gets underway. Your your George Washington Colonials

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Speaker 1: left out. They'll play tomorrow in the n I t

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Speaker 1: But I know you also have a rooting interest in

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Speaker 1: how the University of Miami does. Yeah, I was just

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Speaker 1: gonna say I really started at the beginning of the

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Speaker 1: year gonna get both of them. Attorney, I still could

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Speaker 1: make a case that g W should have been in.

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Speaker 1: They beat the biggest chance seat and all they beat

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Speaker 1: u v A at number one seat. So I'm just saying,

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Speaker 1: you know, g W is one of those bubble teams

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Speaker 1: that deserved a little better treatment. That's that said, my hurricane.

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Speaker 1: I'll tell you that they got. They got a really

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Speaker 1: tough draw. I think the toughest bracket in the regions

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Speaker 1: that South Kansas, Villanova, Miami. Do you know at one

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Speaker 1: point all three of them were considered one seats. In

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Speaker 1: the last two weeks Miami has they won the last

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Speaker 1: two games in the SEC tournament, beat UVA, and they'ld

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Speaker 1: have been a one seat. So that's an chuck. I

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Speaker 1: just finished my bracket. Francy la over in London helped

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Speaker 1: me out. Um, we went with the blue uniforms. So

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Speaker 1: we've got North Carolina and Kansas and the roy Willyams,

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Speaker 1: the Roy Wayams final. Huh, who have you got in

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Speaker 1: your bracket? Well, I went hard overhead. I went ahead

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Speaker 1: with the Miami North Carolina final. Even I know that realistically,

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Speaker 1: I think MINDI gets to the eight and loses. I

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Speaker 1: think the seniors matter and that will get them to

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Speaker 1: the eight. I think Glen is a great coach. But

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Speaker 1: I think they lose the Kansas. But but my heart,

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Speaker 1: I'm going ahead and take because they'll be It's more

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Speaker 1: fun to at least root for your team all the way.

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Speaker 1: I recommend you bring up this line of conversation with

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Speaker 1: Mr Trump the next time. I'm speaking realistically in the

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Speaker 1: non biased bracket UNC beating Kansas as well. Chuck Todd,

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Speaker 1: thank you so much opinion for Mr Trump. He is

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Speaker 1: with the NBC and doing work with MSNBC. So, Mike,

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Speaker 1: it's hilarious to go back and look at the tweets

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Speaker 1: from Mr Trump. Mr, Well, it is, and it isn't.

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Speaker 1: I mean, it's very it's very sad that that we

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Speaker 1: have gotten to the point. And I recommend everybody go

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Speaker 1: to Atlantic dot com look up round four years article. Uh.

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Speaker 1: It's it is very Uh. It's called circling the drain

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Speaker 1: with Trump, and it's very great dissection of what we

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Speaker 1: have done to ourselves. Is Trump, but it's us, our

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Speaker 1: full discussion with us tonight, with all due respect on

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Speaker 1: Mark Halprin and John Hilman with perspective on this Tuesday

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Speaker 1: in Florida and Ohio. Another hour of Bloomberg's surveillance