1 00:00:02,520 --> 00:00:10,920 Speaker 1: Bloomberg Audio Studios, podcasts, radio news. 2 00:00:14,120 --> 00:00:16,760 Speaker 2: Single best idea and the single best idea is on 3 00:00:16,800 --> 00:00:19,880 Speaker 2: a twenty four to seven basis, don't pick up your 4 00:00:19,880 --> 00:00:23,160 Speaker 2: cell phone and look at the news. It is extraordinary 5 00:00:23,200 --> 00:00:25,960 Speaker 2: the news flow right now, it seems like it is 6 00:00:26,120 --> 00:00:29,360 Speaker 2: twenty four hours a day. I stare at my cell phone. 7 00:00:29,560 --> 00:00:31,520 Speaker 2: I really really don't want to pick it up and 8 00:00:31,560 --> 00:00:34,680 Speaker 2: look at the twelve newspapers I read every day. But 9 00:00:34,800 --> 00:00:39,280 Speaker 2: there we are. And it was a fascinating Monday. We 10 00:00:39,320 --> 00:00:41,919 Speaker 2: had a great set of conversations at nine o'clock hour, 11 00:00:42,000 --> 00:00:45,680 Speaker 2: particularly strong on the equity markets, the challenges that we 12 00:00:45,720 --> 00:00:48,960 Speaker 2: see with a vix out again twenty four twenty five, 13 00:00:49,040 --> 00:00:52,800 Speaker 2: all this talk about a so called liberation day to 14 00:00:53,000 --> 00:00:56,240 Speaker 2: a actual jobs report on Friday. We'll go beneath the 15 00:00:56,280 --> 00:01:01,040 Speaker 2: headline data there, as we always do, talk about someone 16 00:01:01,200 --> 00:01:04,720 Speaker 2: who doesn't get enough shout out within the New York combine, 17 00:01:05,200 --> 00:01:08,959 Speaker 2: Critty Gupta showed up from SMU that's a Texas university 18 00:01:09,480 --> 00:01:12,559 Speaker 2: with a Texas accent, lit it up in New York 19 00:01:12,600 --> 00:01:14,520 Speaker 2: and she was so valuable. They said, do you want 20 00:01:14,520 --> 00:01:17,199 Speaker 2: to go to London? That's tough, you know, think about 21 00:01:17,200 --> 00:01:19,320 Speaker 2: it for at least twelve seconds she thought about it. 22 00:01:19,800 --> 00:01:24,160 Speaker 2: She's holding court in London, driving London TV. I should 23 00:01:24,160 --> 00:01:27,240 Speaker 2: say each and every morning with Anna Edwards and company, 24 00:01:27,760 --> 00:01:30,640 Speaker 2: but also on the horn to Nathan Hager and myself 25 00:01:30,680 --> 00:01:34,440 Speaker 2: giving us perspective here this morning from Queen Victoria Street, 26 00:01:35,040 --> 00:01:37,600 Speaker 2: Pretty Gupta, I'm Brussels. 27 00:01:38,120 --> 00:01:40,480 Speaker 3: Brussels has no part to play, and I think a 28 00:01:40,480 --> 00:01:43,160 Speaker 3: great example of that is what came out of the 29 00:01:43,160 --> 00:01:45,720 Speaker 3: summit last week, the Coalition of the willing summit when 30 00:01:45,720 --> 00:01:48,040 Speaker 3: it comes to the likes of Ukraine, for example, and 31 00:01:48,120 --> 00:01:50,680 Speaker 3: yet they weren't at the table when it came to 32 00:01:50,720 --> 00:01:54,400 Speaker 3: a ceasefire, even negotiation between the United States and Russia 33 00:01:54,560 --> 00:01:58,400 Speaker 3: in riod Or, even with Turkey's involvement. And Turkey, by 34 00:01:58,440 --> 00:02:01,880 Speaker 3: the way, is the number one defense spender with Russia, 35 00:02:02,000 --> 00:02:03,920 Speaker 3: but it is also a NATO member and technically a 36 00:02:04,080 --> 00:02:07,640 Speaker 3: US ally as well. They're also kind of situated on 37 00:02:07,680 --> 00:02:09,400 Speaker 3: the Black Sea where a lot of the grain that 38 00:02:09,480 --> 00:02:12,359 Speaker 3: comes out of Ukraine and Russia and ultimately hits American 39 00:02:12,400 --> 00:02:15,079 Speaker 3: cereal and American bread comes from. So the irony of 40 00:02:15,120 --> 00:02:18,320 Speaker 3: the situation is that the Europeans are trying to have 41 00:02:18,360 --> 00:02:20,920 Speaker 3: a voice at a table and in a room that 42 00:02:21,000 --> 00:02:23,679 Speaker 3: the door is completely closed to CRITI group to working 43 00:02:23,720 --> 00:02:27,000 Speaker 3: the light shift in London for Bloomberg News. 44 00:02:28,360 --> 00:02:31,480 Speaker 2: I've been very fortunate to hang out with all sorts 45 00:02:31,520 --> 00:02:34,600 Speaker 2: of fancy people. One night at Davos, we were in 46 00:02:34,600 --> 00:02:37,760 Speaker 2: the piano bar and I literally was standing with three 47 00:02:37,800 --> 00:02:41,080 Speaker 2: Nobel Prize winners. That was pretty pretty cool. I won't 48 00:02:41,080 --> 00:02:44,079 Speaker 2: bore you with that story, but you know, things like that, 49 00:02:44,080 --> 00:02:47,399 Speaker 2: that's not like what Neil Dudda just went through. Neil 50 00:02:47,480 --> 00:02:50,440 Speaker 2: Dudda was sitting by the bat phone one day and 51 00:02:50,480 --> 00:02:53,880 Speaker 2: Paul Krukman called up, and the Nobel Laureate, a giant 52 00:02:53,919 --> 00:02:57,720 Speaker 2: an international trade, said Neil, I'd really like to talk 53 00:02:57,800 --> 00:03:01,880 Speaker 2: to you. This went viral within the zeitgeist of economics. 54 00:03:01,919 --> 00:03:04,320 Speaker 2: Neil data my Economist of the Year two years ago, 55 00:03:05,000 --> 00:03:10,040 Speaker 2: brilliant on the minutia, optimistic and he's really turned cautious. 56 00:03:10,400 --> 00:03:14,600 Speaker 2: And Professor Krugman was really interested on that. Here on 57 00:03:14,880 --> 00:03:19,600 Speaker 2: sixteen one hundred Pennsylvania Avenue from Renmec Neil Datta, I. 58 00:03:19,520 --> 00:03:21,600 Speaker 1: Don't know, Tom, I sort of reject the premise that 59 00:03:21,680 --> 00:03:25,839 Speaker 1: this sort of approach will make the country a greater grind. 60 00:03:25,880 --> 00:03:28,520 Speaker 1: I mean, I understand the need to kind of, you know, 61 00:03:28,560 --> 00:03:31,560 Speaker 1: for security purposes. You know, you want to have a 62 00:03:31,600 --> 00:03:35,080 Speaker 1: strong manufacturing base. I think going after China makes a 63 00:03:35,080 --> 00:03:37,840 Speaker 1: lot of sense, but you know, just think about it 64 00:03:38,120 --> 00:03:40,320 Speaker 1: at the most basic level. I mean, if every state 65 00:03:40,400 --> 00:03:43,119 Speaker 1: was operating as its own country, with their own trade policies, 66 00:03:43,160 --> 00:03:45,880 Speaker 1: do you think that better? You know that more prosperity 67 00:03:45,880 --> 00:03:47,520 Speaker 1: would result as that way. 68 00:03:47,960 --> 00:03:50,840 Speaker 2: Neil Data on the Immediacy of the Week. He's with 69 00:03:50,880 --> 00:03:55,320 Speaker 2: Renaissance Macro on your commute across the nation, Apple car Play, 70 00:03:55,400 --> 00:03:59,760 Speaker 2: Android Auto, I'm told really coming on Serious Exemp Channel 71 00:04:00,040 --> 00:04:04,640 Speaker 2: twenty one in Washington, ninety nine one FM, ninety two 72 00:04:04,760 --> 00:04:08,360 Speaker 2: nine FM in Boston. I don't think the season's over 73 00:04:08,440 --> 00:04:10,600 Speaker 2: for the Red sixe hid, but it's getting a little late. 74 00:04:10,680 --> 00:04:13,080 Speaker 2: We may have to consider that here in the coming 75 00:04:13,720 --> 00:04:16,560 Speaker 2: days and in New York. Bloomberg eleven three always well 76 00:04:17,120 --> 00:04:22,200 Speaker 2: on YouTube. Please subscribe to Bloomberg podcasts and on YouTube podcasts. 77 00:04:22,640 --> 00:04:33,960 Speaker 2: This is single best idea