1 00:00:02,400 --> 00:00:11,039 Speaker 1: Bloomberg Audio Studios, podcasts, radio news. 2 00:00:13,400 --> 00:00:16,560 Speaker 2: Our single best idea and our single best idea is 3 00:00:16,600 --> 00:00:20,640 Speaker 2: it has been just an extraordinary week. The team has 4 00:00:20,680 --> 00:00:25,640 Speaker 2: worked NonStop from literally Thursday last to have a set 5 00:00:25,720 --> 00:00:31,280 Speaker 2: of conversations that layout the moment we're in. The moment, 6 00:00:31,280 --> 00:00:33,479 Speaker 2: of course, the politics of the nation and all the 7 00:00:33,560 --> 00:00:36,560 Speaker 2: upper Thank you for the hate mail, the love notes 8 00:00:36,600 --> 00:00:39,760 Speaker 2: and all on the election so much more. David Gera 9 00:00:39,920 --> 00:00:42,920 Speaker 2: adamant that it will be eventful as we go to 10 00:00:42,960 --> 00:00:45,840 Speaker 2: the inauguration. I guess he's right. It seems like there's 11 00:00:45,840 --> 00:00:47,760 Speaker 2: a news item every day. Of course, we have to 12 00:00:47,760 --> 00:00:50,879 Speaker 2: decide the House in the next week as well, but 13 00:00:51,120 --> 00:00:55,600 Speaker 2: just the conversation has been extraordinary. Let us begin the 14 00:00:55,680 --> 00:00:58,800 Speaker 2: Washington Post today with the lead article on the future 15 00:00:59,160 --> 00:01:03,200 Speaker 2: of the Pentagon. James Travitas joined US Admiral Stravitas with 16 00:01:03,320 --> 00:01:06,040 Speaker 2: all of his work in Brussels for NATO, his work 17 00:01:06,080 --> 00:01:10,080 Speaker 2: for the United States Navy. Here is Admiral Stravitas on 18 00:01:10,200 --> 00:01:12,040 Speaker 2: the future of the Pentagon. 19 00:01:12,280 --> 00:01:14,679 Speaker 3: I'll give you three names that come to my mind. 20 00:01:14,720 --> 00:01:18,920 Speaker 3: One is Mike Pompeo, who was the director of the 21 00:01:18,959 --> 00:01:22,600 Speaker 3: CIA and then was the Secretary of State. West Point 22 00:01:22,640 --> 00:01:27,240 Speaker 3: graduate number one in his class, he could help Number 23 00:01:27,280 --> 00:01:32,560 Speaker 3: two the last National Security Advisor, former Ambassador Robert O'Brien, 24 00:01:33,240 --> 00:01:36,440 Speaker 3: very well grounded, steady. I think he could be in 25 00:01:36,480 --> 00:01:40,640 Speaker 3: a position to be helpful. And third, the last Deputy 26 00:01:40,800 --> 00:01:47,920 Speaker 3: National Security Advisor, Lieutenant General Keith Kellogg retired, also understands 27 00:01:48,000 --> 00:01:51,760 Speaker 3: all of that. Those are names that I'm actively seeing 28 00:01:51,840 --> 00:01:54,160 Speaker 3: under consideration in a Trump administration. 29 00:01:54,640 --> 00:01:55,280 Speaker 1: Dave, We're just. 30 00:01:55,240 --> 00:01:57,600 Speaker 3: Going to have to wait and see who he puts 31 00:01:57,640 --> 00:01:59,480 Speaker 3: in positions of authority. 32 00:02:00,160 --> 00:02:02,360 Speaker 2: And mister Vedis, I did ask him if he would 33 00:02:02,400 --> 00:02:05,600 Speaker 2: serve and he said he's never turned down a request 34 00:02:05,920 --> 00:02:09,320 Speaker 2: from the White House. James travetas there of course of 35 00:02:09,360 --> 00:02:15,160 Speaker 2: the United States. Maybe Michael Schules in with Iron Asset Management. 36 00:02:15,360 --> 00:02:19,200 Speaker 2: Michael Schule really really interesting, particularly commodities, and of course 37 00:02:19,240 --> 00:02:22,080 Speaker 2: that brings us over to China off of the election, 38 00:02:22,360 --> 00:02:24,760 Speaker 2: our future relationship with Beijing. 39 00:02:24,960 --> 00:02:28,840 Speaker 1: I think this is a process. I think the the 40 00:02:29,200 --> 00:02:33,919 Speaker 1: you know, she is in a position somewhat analogous to 41 00:02:34,360 --> 00:02:39,480 Speaker 1: Drahi in twenty eleven twelve, or the US FED in 42 00:02:40,000 --> 00:02:43,079 Speaker 1: two thousand and late two thousand and eight through late 43 00:02:43,080 --> 00:02:46,080 Speaker 1: two thousand and nine, maybe even Jackson Hole twenty ten, 44 00:02:46,560 --> 00:02:50,040 Speaker 1: which is there. He's in the middle of a process 45 00:02:50,040 --> 00:02:53,760 Speaker 1: where he tries to rebuild domestic confidence and international confidence 46 00:02:53,760 --> 00:02:57,440 Speaker 1: in his country. And you know, my guts are that 47 00:02:57,560 --> 00:03:00,520 Speaker 1: he'll he'll get that done eventually, but it'll be noisy 48 00:03:00,520 --> 00:03:01,480 Speaker 1: and bloody process. 49 00:03:01,840 --> 00:03:04,639 Speaker 2: Michael schol I'm Beijing in the future forward, and of 50 00:03:04,680 --> 00:03:08,000 Speaker 2: course we'll have much more stay with Bloomberg dot com 51 00:03:08,120 --> 00:03:10,800 Speaker 2: in Bloomberg News through the weekend, and the terminal, of 52 00:03:10,840 --> 00:03:14,320 Speaker 2: course will be there twenty four seven, the news flow 53 00:03:14,440 --> 00:03:17,680 Speaker 2: off of the election into the weekend, and of course 54 00:03:17,880 --> 00:03:22,200 Speaker 2: on the next week where maybe we'll see cabinet officers 55 00:03:22,240 --> 00:03:26,240 Speaker 2: selected by the president elect. Again, thank you to all 56 00:03:26,880 --> 00:03:29,320 Speaker 2: on your morning commute across the nation. Thank you for 57 00:03:29,360 --> 00:03:33,720 Speaker 2: listening on Applecarplay and Android Auto. Good morning in Washington 58 00:03:33,760 --> 00:03:36,360 Speaker 2: and Boston, and Bloomberg eleven three to zero in New York, 59 00:03:37,080 --> 00:03:46,560 Speaker 2: on Apple podcasts, on YouTube podcasts. This is single best idea.