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Speaker 1: Global business news twenty four hours a day at Bloomberg

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Speaker 1: dot com, the Radio plus Mobile Lab and on your radio.

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Speaker 1: This is a Bloomberg Business Flash and I'm kerin Moscow.

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Speaker 1: This up day brought to you by b n y

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Speaker 1: Melon proudly introduces Assets Strategy View, a game changer for

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Speaker 1: asset managers and asset owners. Visit b n y melon

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Speaker 1: dot com to learn about Asset Strategy View. Bonds are

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Speaker 1: falling as the Federal Reserve moves closer to raising interest

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Speaker 1: rates and its signs inflation is picking up. Oil heading

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Speaker 1: for its longest run of monthly gains in five years,

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Speaker 1: while stocks decline in Europe. We checked the markets every

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Speaker 1: fifteen minutes throughout the trading day on Bloomberg SNP EVENI

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Speaker 1: futures higher up three points, Dow E Mini futures up

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Speaker 1: thirty two, Nash Documni futures up five and a half.

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Speaker 1: The tacks in Germany's down two tenths per cent, ten

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Speaker 1: Your treasury down five thirday seconds, the yield one point

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Speaker 1: eight seven percent yield on the two year point nine

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Speaker 1: one percent. Nimex screwed oil up half percent, or twenty

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Speaker 1: five cents to eight barrel comec school down three tents

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Speaker 1: per cent or three dollars sixty cents to twelve thirteen

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Speaker 1: ten an ounced the euro a dollar eleven sixty the

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Speaker 1: end one eleven point oh four. Great Planes Energy agreed

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Speaker 1: to buy we Star Energy, the biggest utility in Kansas,

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Speaker 1: for eight point six billion dollars. As power companies across

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Speaker 1: the US facing week demand and rising operational costs look

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Speaker 1: too Consolidate and Metronic, the world's biggest maker of heart

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Speaker 1: rhythm devices, reporting fourth quarter profit that beat analysts estimates

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Speaker 1: as doctors favored its pacemakers and other heart and vascular products.

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Speaker 1: That's a Bloomberg business flash. Tom and my Karen, thank

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Speaker 1: you so much. Michael McKeon, Tom, he might it's it's

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Speaker 1: a small transaction. Great Planes agrees to buy utility west

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Speaker 1: Star for nine billion dollars. But again it's just indicative

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Speaker 1: of the price of money. There's no price of money

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Speaker 1: right now. No, it is two companies that that are

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Speaker 1: that fit together well, so make some creative you know

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Speaker 1: that joining us now. The moderator of NBC's Meet the Press,

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Speaker 1: Thrilled to Speak is always with Chuck Todd. You can

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Speaker 1: hear him, of course, I'm Bloomberg Radio. Sunday afternoon. We

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Speaker 1: replay Meet the Press. It's a good and beautiful thing,

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Speaker 1: and Chuck Todd joins us, Chuck, are you focused on

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Speaker 1: Secretary Clinton in California or does the trumpet thon keep

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Speaker 1: you engaged? Which which has your greater attention? Uh? Honestly,

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Speaker 1: this weekend of Libertarian conventioned it? Okay? I think And

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Speaker 1: I say this because you know, look, I don't think anything.

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Speaker 1: There's not a lot that's going to change and Trump

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Speaker 1: b Clinton. Right, we know what Trump's gonna hit her on,

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Speaker 1: and we know how she's gonna hit him. Still change

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Speaker 1: and on what issue they focus on in any even

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Speaker 1: weak and and obviously Clton campaign is probably gonna be

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Speaker 1: more strategic about it than the Trump campaign, just because

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Speaker 1: Trump is his own campaign. But the reason I'm intrigued

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Speaker 1: by what the Libertary is gonna do is that week

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Speaker 1: to have you have twin pers on the country. But

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Speaker 1: I'm keither candidate. You have another chunk that is look

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Speaker 1: at another looking for a third party alternative, and we

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Speaker 1: just have a third party. Uh, pick two candidates for

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Speaker 1: their ticket for two former two term governers revovally governers

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Speaker 1: of of bluest of BlueStacks. Um, this shouldn't be totally ignored.

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Speaker 1: And I think they're going to be a They're going

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Speaker 1: to be a factor in this race. Above there something else.

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Speaker 1: This is where we love to have yn Chuck. I mean,

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Speaker 1: it's just absolutely brilliant. I noticed one article coming out

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Speaker 1: where Governor Johnson, former New Mexico Governor Gary Johnson calls

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Speaker 1: Mr Trump's policies quote just racist unquote. Is that the

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Speaker 1: Libertarian Trump card to just go right for the juggular well,

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Speaker 1: because that's you know, they see their opening. But the

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Speaker 1: libertarians motivation is this, if Johnson gets big enough the

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Speaker 1: percentage over five and then if I think in some

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Speaker 1: cases and then there's another threshold, if he meets ten

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Speaker 1: or fifteen in some states, then um, the Libertarians can

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Speaker 1: earn another level of of myth of political party. Um

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Speaker 1: that they won't be always relegated as a minor party

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Speaker 1: if depending on the number they get. So look, libertarians

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Speaker 1: here are hoping that a none of the above Garry

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Speaker 1: Johnson candidacy gets eight and twelve, maybe even fifteen, and

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Speaker 1: then it allows the Libertarians to take that next step

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Speaker 1: as a as a political party. So they've got their

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Speaker 1: own motivation for what they're up to, and so attacking

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Speaker 1: Trump to me, it's the fastest way for them to

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Speaker 1: get and they get tent and they get fifteen, then

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Speaker 1: they get into debate. Yeah, that's the question. Can they

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Speaker 1: get to think? Yes, I think they can. I maybe

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Speaker 1: when you have that are looking for a third party,

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Speaker 1: you've got another. You know, half of them have unfavorable

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Speaker 1: views of both. Look, I think it's very possible, um

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Speaker 1: that they will pull that high at least by the

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Speaker 1: five mid aug Does it go away by election time?

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Speaker 1: That mine? Well, I'm in August. I wouldn't surprise me.

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Speaker 1: That's the question. I mean, there's been a lot of

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Speaker 1: stories lately about the Trump campaign infrastructure being lacking. There's

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Speaker 1: something like four hundred thousand, four hundred fifty thousand registered

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Speaker 1: libertarians in the whole country. So what kind of what

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Speaker 1: kind of campaign can they actually run? Uh? That could

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Speaker 1: be a threat. I think again, it depends on what

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Speaker 1: kind of financists they can And I think there are

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Speaker 1: a few very wealthy people who are have libertarian leanings

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Speaker 1: that could fund a superpack. There's been some chatter about it.

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Speaker 1: One of the Koch brothers. By the way, Keen eighty

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Speaker 1: was the Libertarian Party's vice presidential nominee. So there's been

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Speaker 1: some chatters the Koch brothers might you know, because it

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Speaker 1: might invest some money and here's their reasoning why they

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Speaker 1: would do it. Uh. There is some thinking out there

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Speaker 1: that says, if you provide Republicans who don't like Trump

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Speaker 1: some place to go, I vote for Johnson, then they

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Speaker 1: show up to the polls and then we'll vote Republican

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Speaker 1: down the ticket. So there's some theory out there that

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Speaker 1: a Johnson Kennessey that takes votes away from Trump could help,

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Speaker 1: say the Pat Toomeys of the world in a Pennsylvania.

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Speaker 1: There's also a criticism, though, of the libertarian effort in

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Speaker 1: the sense that these two former governors are former Republicans

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Speaker 1: and there seem to be some Libertarians who worry about

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Speaker 1: being seen as Republican life. Yeah, I think some Libertarians

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Speaker 1: are worried that they might have taken series. I mean,

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Speaker 1: I sort of I thought this sort of made me laugh,

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Speaker 1: Oh my god, what are we going to do that

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Speaker 1: these these folks have had too much success in another party, Like,

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Speaker 1: when you're a third party effort, you're not going to

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Speaker 1: grow unless you recruit people from other parties to join

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Speaker 1: your effort. So it's among the I do think there

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Speaker 1: are some libertarians that in love the fact as Jerry

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Speaker 1: Johnson said that they hold their meetings in tree houses

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Speaker 1: because they have that few members, you know, it does

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Speaker 1: you know? I think I think some of them are

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Speaker 1: afraid of the attention. There is a tune a Memorial

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Speaker 1: Day weekend. I know it's it's it's just in weeks

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Speaker 1: months years to the Joy eighteen sworry in Cleveland and

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Speaker 1: then on to the Democratic Convention. Is well, Chuck Todd,

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Speaker 1: did you see a change in tone of Secretary Clinton's

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Speaker 1: efforts and her teamwork this weekend? Really they seem to

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Speaker 1: be decided to go all in in California. They decided

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Speaker 1: that they've got a um clip Sanders away now one

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Speaker 1: last time. So um, you know, I think honestly, part

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Speaker 1: of that makes simply be um. They're not they're not

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Speaker 1: thrilled with her initial anti Trump efforts. Number one. Number two,

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Speaker 1: I think the email report last week really did um

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Speaker 1: really did a number on her, and I think they're

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Speaker 1: worried that, you know, it could be the differ between

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Speaker 1: her winning and losing California. So look, I think they

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Speaker 1: think the best way to get the party united is

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Speaker 1: too stop giving Sanders help. The converse is that today

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Speaker 1: we get more of the uh, the documents from the

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Speaker 1: lawsuits filed against Trump for his Trump University. Um, what's

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Speaker 1: the potential there? What are you hearing a potential there? For? Look,

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Speaker 1: I think under normal circumstances, he should this should be

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Speaker 1: very damaging, right. It's it's sort of more um evidence

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Speaker 1: that his Trump University, with anything by the university was

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Speaker 1: really just sort of a um and it's some sort

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Speaker 1: of seminar scam that sort of preyed on people that were,

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Speaker 1: you know, um desperate, you know, financially or on the

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Speaker 1: verge of being desperate and um. But this stuff that

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Speaker 1: he doesn't ever, it doesn't impact him the way this

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Speaker 1: stuff should impact others. You know, he's got his press

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Speaker 1: confort today. I'm sure he'll he'll be able to sort

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Speaker 1: of bloviate his way through it. But I tell you,

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Speaker 1: his mouth got him in trouble in this one because

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Speaker 1: he raided the judge for being Hispanic and accused of

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Speaker 1: judge because he was Hispanic, that somebody's anti Trump. Well,

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Speaker 1: I'd say the judge said he took this court's integer

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Speaker 1: has been called in the question, I have no choice

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Speaker 1: but to release all, you know, I mean, oh, we

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Speaker 1: just had freed. We just hadn example of Donald Trump.

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Speaker 1: I mean, Mike picked us up with Chuck Tubb. But Chuck,

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Speaker 1: we just had free Zacharion and and doctor Zacharia didn't

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Speaker 1: mince any words. He just went to a collegial direct

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Speaker 1: statement on his lying. I mean, Mike, that was abrupt,

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Speaker 1: wasn't it. I mean basically said the thing that worries

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Speaker 1: him is that the Trump just regularly lies and never

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Speaker 1: correct now and it didn't even come close. And you know,

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Speaker 1: we we should hear and we all say that's not true,

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Speaker 1: that's not true, that's not true. Uh, And it hasn't

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Speaker 1: matter what. I mean, there's a there's there's a week

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Speaker 1: ago hours explaining how we got to this position, both uh,

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Speaker 1: with the media, supposed to trust in media, the supposed

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Speaker 1: media organizations that have an agenda. I mean, there's sort

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Speaker 1: of all sorts of ways we got here. Have you

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Speaker 1: been here? And he's a you know, you know, Trump

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Speaker 1: is a threat. Trump is a threat to the future

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Speaker 1: of journalism. Not that there won't be many of things

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Speaker 1: to cover, but in it, in the trust that it

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Speaker 1: has Chuck thirty seconds, with a great respect for the

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Speaker 1: heritage that is, meet the press. What Mr Russer's another's

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Speaker 1: building that you carry forward. Have you been set down

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Speaker 1: by management and said you have to be nice to

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Speaker 1: Mr Trump, Mr Baker at the Wall Street Journal? No, no, no, no, no, no,

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Speaker 1: that is that is that's never happened. You know. I

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Speaker 1: I regularly remind anybody that works for me, we're here,

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Speaker 1: you're fair, and don't be a snob about the voters.

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Speaker 1: But we're here to whold Candid's accountable. But but the

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Speaker 1: thing that I think the most dangerous thing that some

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Speaker 1: journalists do is there snobs about people that are supporting

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Speaker 1: a specific cannon and that when you start insulting voters

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Speaker 1: as a journalist, then um, you should lose your political card.

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Speaker 1: Chuck Todd, thank you so much. Moderated for me the

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Speaker 1: press here at Bloomberg Radio eleven am three pm Sunday

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Speaker 1: afternoon from New York worldwide Bloomberg's Events