Speaker 1: Bloomberg Audio Studios, Podcasts, Radio News.
Speaker 2: Good morning.
Speaker 1: I'm Nathan Hager and I'm Karen Moscow. Here are the
Speaker 1: stories we're following today.
Speaker 3: Karen, we begin with the latest unexpected development in this
Speaker 3: presidential race. Former President Donald Trump has apparently been targeted
Speaker 3: for assassination for a second time, this time at his
Speaker 3: Palm Beach golf course, and now a full scale multi
Speaker 3: agency investigation is underway. Our team coverage begins with Bloomberg
Speaker 3: Steve Podisk in Washington.
Speaker 4: The Secret Service says it opened fire on a man
Speaker 4: standing at the fence with a weapon with a scope.
Speaker 4: Secret Service special Agent in charge of the Miami Field Office,
Speaker 4: as Rafael Borrows.
Speaker 5: Our agents engaged.
Speaker 6: We are not sure right now if the individual was
Speaker 6: able to take a shot at our agents, but for
Speaker 6: sure our agents were able to co engage.
Speaker 4: With the ship and a case file firearm was recovered
Speaker 4: near the course that a vehicle detained. They say the
Speaker 4: suspect was three hundred to five hundred yards from Trump.
Speaker 4: He's identified as fifty eight year old Ryan Routh and
Speaker 4: is in custody in Washington. Steve Potisk, Bloomberg Radio.
Speaker 1: Right, Steve, thank you. A federal officials say the suspect,
Speaker 1: Ryan Routh, has eight arrests on his record, apparently for
Speaker 1: minor offenses. In addition to the AK forty seven style rifle,
Speaker 1: the Secret Service says it also retrieved two rucksacks and
Speaker 1: a go pro camera. This latest incident follows the assassination
Speaker 1: attempt in Pennsylvania in July, which prompted criticism of the
Speaker 1: Secret Service and the resignation of its director. Bloomberg political
Speaker 1: contributor Jeanie Sheianzeno says, this will raise even further scrutiny.
Speaker 7: How is it that somebody got an AK forty seven
Speaker 7: within what the FBI said is four to five hundred
Speaker 7: yards of him on a golf course. So I am
Speaker 7: racking my brain to figure out if an American history
Speaker 7: we have had a candidate and former president who has
Speaker 7: been the victim of an attempted assassination not once, but
Speaker 7: twice within two months on the campaign trail.
Speaker 1: Bloomberg political contributor Genie Sheihanzino says the former president responded
Speaker 1: to the incident in a text to supporters, saying, my
Speaker 1: resolve is stronger after another attempt on my life.
Speaker 3: I thank Karen. This comes as the former president looks
Speaker 3: to move past his most recent debate, which polls show
Speaker 3: most voters think Vice President Kamala Harris won. Bloomberg's Kevin
Speaker 3: Whitelaw says it's unclear if this latest incident will affect
Speaker 3: the race.
Speaker 8: The first one obviously did have a bit of an
Speaker 8: impact on the polls, and you know, but I think
Speaker 8: we're pretty far down and the race is in a
Speaker 8: very different place. You had Kamala Harris coming out of
Speaker 8: the debate with a lot of momentum. The polls have
Speaker 8: recently been showing it being very strong. Unclear to me
Speaker 8: whether this really is going to change those dynamics, But
Speaker 8: I do think the political rhetoric has just been getting
Speaker 8: super intense on both sides.
Speaker 3: And Bloomberg's Kevin Whitelaw ads the White House released a
Speaker 3: statement saying President Biden and Vice President Harris were briefed
Speaker 3: about the security incident and relieved to know Trump is safe.
Speaker 3: In a post on her ex account, Harris said she
Speaker 3: was deeply disturbed, adding that violence has no place in
Speaker 3: America and Nathan.
Speaker 1: Hours before the apparent assassination attempt, Trump responded to pop
Speaker 1: star Taylor Swift's recent endorsement of Kamala Harris and his
Speaker 1: social media posts. The former president wrote in all caps,
Speaker 1: I hate Taylor Swift. Swift endorsed Harris minutes after last
Speaker 1: week's debate, driving hundreds of thousands of visitors to the
Speaker 1: vote dot gov, a voter registration website.
Speaker 3: Well it's turned down from politics, Karen to markets. We
Speaker 3: are two days away from an expected rate cut from
Speaker 3: the Federal Reserve. In Bloomberg's John Tucker is here with
Speaker 3: more so John, at least a quarter point cut seems
Speaker 3: spanked in the cake at this.
Speaker 9: Point, Nathan, the current market pricing from the CME places
Speaker 9: the odds of a quarter percent cut at just about
Speaker 9: sixty percent. The ons of a jumbo cut of fifty
Speaker 9: basis point that stands around forty percent. Way Lead Blackrock
Speaker 9: says this consensus view is right. The economy just doesn't
Speaker 9: need a jumbo cut.
Speaker 10: The big picture is that US growth is doing okay.
Speaker 10: You look at their own FEDS on now Cast growth
Speaker 10: model Q three GDP is tracking two point five percent.
Speaker 9: Way Lea Blackrock says, the economy is okay, and the
Speaker 9: S and P five hundred points out is less than
Speaker 9: a percent away from its record high. This would be
Speaker 9: the first rate cut from Fed officials since March of
Speaker 9: twenty twenty. That's when the rates were slashed to cope
Speaker 9: with the downturn from the pandemic. Cutting rates during a
Speaker 9: presidential cycle that is a rarity. Since nineteen ninety the
Speaker 9: Fed has cut rates in the final two months of
Speaker 9: a presidential campaign only three times. In New York, I'm
Speaker 9: John Tucker Bloomberg.
Speaker 1: Radio, All right, John, thank you. And traders also monitoring
Speaker 1: central bank activity around the globe this week. Bank of
Speaker 1: England policymakers are expected to keep rates on hold after
Speaker 1: cunning last month, and the Bank of Japan is also
Speaker 1: projected to hold after raising rates twice.
Speaker 3: And economic data out of China CAAREN showed a string
Speaker 3: of misses, especially on industrial production. Bloomberg's Asia Government and
Speaker 3: Politics correspondent Rebecca Chung Wilkin says pressure is mounting on
Speaker 3: Chinese authorities to ramp up stimulus to ensure the country
Speaker 3: hits its five percent growth target.
Speaker 11: It's all the lowest level since nineteen ninety six, again
Speaker 11: suggesting a sort of low demand from consumers is low
Speaker 11: willingness and credit data also came in relatively weak too.
Speaker 11: So in some ways just reinforcing that very negative backdrop.
Speaker 3: Bloomberg's Rebecca Chung Wilkin says the Chinese Central Bank is
Speaker 3: signaling it'll prioritize fighting deflation. That indicates more monetary easing
Speaker 3: maybe ahead. Goldman, Zach's City Group and Morgan Stanley are
Speaker 3: among banks downgrading their growth forecasts for China this year.
Speaker 1: Well now to the latest on the war in the
Speaker 1: Middle East, Nathan Israeli Prime Minister Benjamin at Yahoo is
Speaker 1: warning the Hoo the militant group will pay a heavy
Speaker 1: price after a hypersonic missile ended in central Israel over
Speaker 1: the weekend. The Iran Bak group fired a missile that
Speaker 1: evated interception by Israeli and US forces. No deaths were reported,
Speaker 1: but it marks US sent back for Israel's air defense system.
Speaker 3: And elsewhere in geopolitics, US and British officials are growing
Speaker 3: increasingly concerned that Russia is giving nuclear weapons technology to Iran.
Speaker 3: Western officials tell Bloomberg they feared the Kremlin is trading
Speaker 3: nuclear secrets for ballistic missiles to use in its war
Speaker 3: with Ukraine. President Biden is set to meet Ukrainian President
Speaker 3: Vladimir Zelenski at the UN General Assembly next week to
Speaker 3: discuss Zelenski's war strategy ahead of the US election.
Speaker 1: And finally, Nathan, we have a company note this morning.
Speaker 1: Boeing's credit is at risk of being cut to junk
Speaker 1: as its workers strike threatens production and cash flow. Moody's
Speaker 1: ratings place the Planemaker on review for a downgrade. Boeing
Speaker 1: has forty five billion dollars in net debt, and it's
Speaker 1: been bleeding cash after pairing back output following the near
Speaker 1: catastrophic Alaska air incident in January. Honest time now for
Speaker 1: look at some of the other stories making news in
Speaker 1: New York and around the world. For that were joined
Speaker 1: by Bloomberg's Michael Barr Michael good Morning.
Speaker 12: Good morning, Caaren a new tropical threat heading into the
Speaker 12: Carolinas today as potential tropical Storm Helene. Tropical Storm Mornings
Speaker 12: are expanded from South Carolina all the way to the
Speaker 12: outer Banks. The system is forecast to drive inland towards
Speaker 12: Myrtle Beach and Wilmington, North Carolina, before pushing Deepert into
Speaker 12: Charlotte and Raleigh. By the afternoon tomorrow, the system moves
Speaker 12: into parts of West Virginia and western Virginia. The storm
Speaker 12: Kupandoo's flash flooding with totals reaching as high as eight
Speaker 12: inches of rain in parts of the Carolinas, along with
Speaker 12: a one to three foot storm search. There was mayhem
Speaker 12: at a New York City subway station when two officers
Speaker 12: confronted a thirty seven year old man who had not
Speaker 12: paid his fare. Police say the suspect told the officers
Speaker 12: on the platform to stop following him or he will
Speaker 12: kill them. The suspect then pulled a knife from his pocket.
Speaker 12: The confrontation then moved inside a train. Please say they
Speaker 12: shot the man after tasering him did not work. He
Speaker 12: is under guard in critical condition at a Brooklyn hospital.
Speaker 12: Two innocent bystanders were also shot. Interim NYPD Commissioner Thomas dundlm.
Speaker 5: I'm especially concerned about bystanders. People are just trying to
Speaker 5: get where they're going being the victims of harm in
Speaker 5: this situation. But let's not forget why this started. It
Speaker 5: started because somebody wanted to come into the transit system
Speaker 5: with a weapon.
Speaker 12: A forty nine year old bystander was shot in the
Speaker 12: head and is in critical condition. A twenty six year
Speaker 12: old woman was also wounded. And is in stable condition.
Speaker 12: A forty year old officer was also shot. He's in
Speaker 12: stable condition. Another member of the Jackson Five has died.
Speaker 12: Tito Jackson was one of the five brothers that also
Speaker 12: included Ki, Jermaine, Marlin, and Michael. The family group, which
Speaker 12: was inducted into the Rock and Roll Hall of Fame
Speaker 12: in nineteen ninety seven, produced several number one hits in
Speaker 12: the nineteen seventies, including I Want You Back, ABC and
Speaker 12: I'll Be There. Tito Jackson was seventy atfec says. Showgun
Speaker 12: won for Best Drama I at the twenty twenty four
Speaker 12: Emmy Awards as the Best in Television was honored last night,
Speaker 12: aired on ABC, asked for Outstanding Comedy.
Speaker 7: You Were Ghost Too the Emmy Ghost Too Hack.
Speaker 12: Hack star Geene Smart also won Best Comedy Actress. Jeremy
Speaker 12: Allen White won them Me for Lead Actor in the
Speaker 12: Comedy Series for his work in The Bear Global News
Speaker 12: twenty four Hours a Day and Want It with the
Speaker 12: Bloomberg News. Now, I'm Michael Barr, and this is Bloomberg
Speaker 12: Karen Orray.
Speaker 1: Michael Barr, thank you time now for the Bloomberg Sports
Speaker 1: Update with John stash Hour John Good Morning.
Speaker 13: Goo, Morning Karen. It was a bizarre game that the
Speaker 13: Giants played in Washington. The Commanders had seven possessions. They
Speaker 13: never punted, never turned it over, never scored a touchdown,
Speaker 13: but they did kick field goals on all seven possessions,
Speaker 13: haul by Austin Siebert, who they had signed last week.
Speaker 13: The last one gave Washington twenty one to eighteen victory.
Speaker 13: The Giants didn't have a kicker, Graham Gano heard his
Speaker 13: hamstring on the opening kickoff, many wondering why they didn't
Speaker 13: have a second kicker in uniform since Gino had been
Speaker 13: bothered by a groin injury last week. Without him, the
Speaker 13: Giant miss an extra point twice unsuccessfully went for two
Speaker 13: points in defeat. The rookie whine out in the leak
Speaker 13: Neighbors was terrific ten catches one hundred and twenty seven yards,
Speaker 13: but Neighbors picked a bad time for his one drop.
Speaker 13: It came on a late fourth down play the Jets
Speaker 13: one at Tennessee twenty four to seventeen. Aaron Rodgers two
Speaker 13: touchdown passes and finally a Jets winning quarterback, and that.
Speaker 6: Ended a long time being able to have that interview
Speaker 6: on the field after the game means you won, means
Speaker 6: it you know, played halfway decent, so good to get
Speaker 6: a win. These are kind of the games you look
Speaker 6: back on late in the season you're thankful that you
Speaker 6: if he won these because if you want to be
Speaker 6: a great team, we got to win in these type
Speaker 6: of environments against teams like that.
Speaker 13: Cats defense much better, had four sacks, force two Titans
Speaker 13: turnovers among the teams. Off to a two and I
Speaker 13: start Houston with a win last night over Chicago nineteen thirteen.
Speaker 13: New Orleans two wins by sixty two points. The Saints
Speaker 13: won in Dallas by twenty five. Alvin Kamara scored four touchdowns.
Speaker 13: Minnesota is two and other an upset of San Francisco
Speaker 13: Sam Darnold a ninety seven yard TD pass to Justin Jefferson.
Speaker 13: Yankees finished the five and two home stand beat the
Speaker 13: Red Sox five to two. Aaron Judge home run number
Speaker 13: fifty three, Carlos Madoni's fifteenth win. Baltimore lost. Yankees are
Speaker 13: three games ahead start a road trip tomorrow in Seattle.
Speaker 13: The Mets lost in the bottom of the nineth thing
Speaker 13: in the Philadelphia two to one. John Stashedward Bloomberg Sports Karen.
Speaker 14: Nabe coast to coast on Bloomberg Radio, nationwide on Sirius XM,
Speaker 14: and around the world on Bloomberg dot Com and the
Speaker 14: Bloomberg Business app.
Speaker 3: This is Bloomberg day Break. Good morning, I'm Nathan Hager.
Speaker 3: It is another stunning development in a presidential campaign that
Speaker 3: has had more than its share of those. For the
Speaker 3: second time this cycle, former President Donald Trump has been
Speaker 3: the apparent target of an assassination attempt, this time at
Speaker 3: his golf course in West Palm Beach. Rick Bradshaw's the
Speaker 3: sheriff in Palm Beach County, Florida.
Speaker 5: The Secret Service did exactly what they should have done.
Speaker 5: They provided exactly what the protection should have been, and
Speaker 5: their agent did a fantastic.
Speaker 3: Job again Palm Beach Sheriff Rick Bradshaw. We are joined
Speaker 3: now by Bloomberg News Senior editor Bill Good Morning. First off,
Speaker 3: what is the latest that we know about this apparent
Speaker 3: assassination attempt.
Speaker 15: Well, what we've heard from Secret Service and the police
Speaker 15: there in West Palm Beach was that, you know, the president,
Speaker 15: former president was out on the golf course. They sent
Speaker 15: per security measures, They had a Secret Service agent going
Speaker 15: one hole ahead of him on the golf course. That
Speaker 15: agent or those agents spotted a rifle getting poked through
Speaker 15: a fence on the Para I of the golf course.
Speaker 15: They quickly started firing in that direction. The person who
Speaker 15: was there drop seemed to drop the weapon and run,
Speaker 15: and they captured a fifty eight year old man named
Speaker 15: Ryan Routh on the highway a little bit north of
Speaker 15: West Palm Beach. They said he had scopes, he at
Speaker 15: a go pro camera, things like that. We don't know
Speaker 15: too many details about him at this point, other than
Speaker 15: he is fifty eight years old. Appears to have been
Speaker 15: living in Hawaii and has a long history of interactions
Speaker 15: with law enforcement, including, according to NBC News citing court documents,
Speaker 15: a conviction for having a machine gun at one point,
Speaker 15: also charges for a hit and run. So someone who
Speaker 15: has been known to law enforcement over the decades. On
Speaker 15: social media, he seems to have been very agitated by
Speaker 15: the Russian invasion of Ukraine. He did an interview with
Speaker 15: The New York Times last year talking about how he
Speaker 15: claimed to be trying to recruit foreign soldiers to go
Speaker 15: fight on Ukraine's behalf there against Russia. So quite a
Speaker 15: complicated history We're still waiting to see, you know, if
Speaker 15: there's a mug shot and we get formal charges in this,
Speaker 15: but it does seem like the Secret Service identified the
Speaker 15: threat before that person was able to get too close
Speaker 15: to former President Trump.
Speaker 3: So Bill Ferries, as our senior editor for Bloomberg News,
Speaker 3: I know you'll be assessing the potential political impact of
Speaker 3: this latest incident involving former President Trump yet another attempt
Speaker 3: apparently on his life. To put sort of a crass
Speaker 3: point on it. Could this move the needle in the
Speaker 3: presidential race with fifty days to go till the election.
Speaker 15: Yeah, super volatile campaign even before this happened, this adding
Speaker 15: another big very to it. We saw what was a
Speaker 15: couple months ago on that first during that first assassination
Speaker 15: attempt on Donald Trump, we did see him get a
Speaker 15: little boost in support. This time, well, it'll take a
Speaker 15: few days to see this time. It's a different campaign.
Speaker 15: It's a different race already, as crazy as it sounds
Speaker 15: to say that, you know, obviously Kamala Harris is now
Speaker 15: the candidate no longer Joe Biden. We don't so far
Speaker 15: have a lot of video or photo footage of what
Speaker 15: happened there at the golf course. We did have like
Speaker 15: real time live television cameras rolling during the first assassination attempt.
Speaker 15: I think the bigger political picture here, though, is this
Speaker 15: does offer Donald Trump and the Republican Party a chance
Speaker 15: to move on from the discussion that had been centered
Speaker 15: on a relatively poor debate performance just less than a
Speaker 15: week ago. A lot of the talk since then, of course,
Speaker 15: is centered around Trump's comments about immigrants allegedly eating people's
Speaker 15: pets in Ohio. That has not been a winning topic
Speaker 15: for Republicans or former President Trump. This does allow them
Speaker 15: to maybe shift the debate back to something that's perhaps
Speaker 15: or more on their terms, like the economy, where voters
Speaker 15: still give former president high mark. So that's probably one
Speaker 15: of the bigger political impacts we'll see in the coming days,
Speaker 15: whether there's also a bump in the polls, just like
Speaker 15: a sympathy bump from this latest attempt on his life.
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