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Speaker 1: News when you want it with Bloomberg News. Now I'm

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Speaker 1: at Baxter. It is twenty twenty four in New York City.

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Speaker 1: Happy New Year. The crystal ball has descended in New York.

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Speaker 1: New York has been sung Happy New Year. New Hampshire

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Speaker 1: Governor Chris Snunhu is encouraging Chris Christy to drop out

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Speaker 1: of the race. Snunu says Christy has to clear the

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Speaker 1: way for Nicky Haley in New Hampshire. He says, he's

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Speaker 1: a friend, but.

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Speaker 2: His race is at an absolute dead end. He's going

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Speaker 2: to say anything he can. This is a two person race, right,

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Speaker 2: It's between Trump and Nicki Haley. Everyone understands that. He

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Speaker 2: knows his voters who want to see Trump defeated are

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Speaker 2: all coming over to Nicki Haley. In fact, the only

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Speaker 2: person that wants Chris Christy to stay in the race

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Speaker 2: is Donald Trump, right. I mean, think about the irony

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Speaker 2: of that.

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Speaker 1: He says. The risk is a Christie takes her margin

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Speaker 1: of victory. As twenty twenty four rotates and across the

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Speaker 1: globe for a New Year, Marisk Shipping is holding all

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Speaker 1: transit throughout the Red Sea because of Hoothy attacks on

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Speaker 1: cargo ships this is engine for forty eight hours as

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Speaker 1: of now. Meanwhile, after receiving fire from small boats near

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Speaker 1: a cargo vessel near Yemen, helicopters opened fire. NSC spokesman

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Speaker 1: John Kirby says, the US doesn't want a wider conflict,

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Speaker 1: but conflict, but you've.

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Speaker 3: Got significant national security interest in the region, just on

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Speaker 3: our own, the United States, and we're going to put

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Speaker 3: the kind of forces we need in the region to

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Speaker 3: protect those interests, and we're going to act in self

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Speaker 3: defense going forward. Again, I'm not ruling anything in or out.

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Speaker 1: Meanwhile, the US is announcing the USS gerald Ford Aircraft

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Speaker 1: Carrier Strike Group will leave the Eastern Mediterranean Sea to

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Speaker 1: go back home as had been originally scheduled. The US

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Speaker 1: as it will continue to have sea presence in the area. Meanwhile,

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Speaker 1: Russia's followed through an avout to retaliate for what it

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Speaker 1: calls already Ukraine's attack on the border of Belgrad. Russia

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Speaker 1: launching new missile strikes on Kharkiv. At least twenty six

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Speaker 1: people injured in ballistic missile and drone strikes. As we

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Speaker 1: enter the new year, polling suggests Americans do not feel

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Speaker 1: the econ he is moving in the right direction. But

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Speaker 1: today on Fox has heard on Bloomberg. Chair of the

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Speaker 1: United States Council of Economic Advisor Jared Bernstein says, in fact,

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Speaker 1: the numbers show a good trend.

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Speaker 4: Look at entrepreneurship. We've seen huge gains in folks starting businesses,

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Speaker 4: especially by the way people of color. I don't think

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Speaker 4: you start businesses at this rate unless you have some optimism,

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Speaker 4: some confidence about where we're going. So if you actually

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Speaker 4: look at the trend in the economy, the strength of

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Speaker 4: consumer spending, real wage gains for nine months in a

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Speaker 4: row year over year for mid level workers, I think

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Speaker 4: you see some real momentum getting us in a good

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Speaker 4: start for the new year.

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Speaker 1: Man He points to the fact that gasoline prices are

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Speaker 1: going down as well, a good trend. Holiday shortened trading

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Speaker 1: week will be a busy one for economic data. Bloomberg's

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Speaker 1: Karen Moscow has more.

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Speaker 5: West markets are among many closed Monday for New Year's Day. Tuesday,

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Speaker 5: we'll get a report on construction spending. Then Wednesday, the

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Speaker 5: Federal Open Market Committee releases minutes from its December pull meeting,

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Speaker 5: when the benchmark interest rate was left unchanged. We also

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Speaker 5: get highest in manufacturing and the Jolts Jobs Report Thursday

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Speaker 5: is a weekly report on initial jobless claims and a

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Speaker 5: look at private payrolls. And Friday we get the December

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Speaker 5: employment numbers, as well as factory orders, durable goods orders

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Speaker 5: and ism services. Karen Moscow Bloomberg Radio.

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Speaker 1: Oh I thank you, Karen. New Hampshire Governor Chris Sanunu

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Speaker 1: is encouraging Chris Christy to drop out of the primary

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Speaker 1: race in the Hampshire to make the way for Nicky Hayley.

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Speaker 1: Sanunho says if Christy stays in, he takes away strength

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Speaker 1: from her slide. And China's home sales accelerated in December,

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Speaker 1: underscoring the challenges to arrest the country's property slump. The

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Speaker 1: value of new home sales among the one hundred biggest

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Speaker 1: real estate companies fell thirty four point six percent. Our

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Speaker 1: Investment founder Kathy Wood looking at the new year, and

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Speaker 1: she says she still likes bitcoin going forward.

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Speaker 6: We're as optimistic about bitcoin as we ever have been,

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Speaker 6: but there are few regulatory and tax uncertainties, and we

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Speaker 6: had been waiting for the discount between GBTC and NAV

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Speaker 6: to narrow. It was as high as fifty percent at

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Speaker 6: one point last year when there was great uncertainty around

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Speaker 6: all of the turmoil in crypto generally, and now it's

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Speaker 6: a single digit and there are now other products out

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Speaker 6: there that we can use to gain exposure to bitcoin.

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Speaker 1: And she says, as always an abundance of caution. And

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Speaker 1: Queen Margareite of Denmark, the world's longest serving monarch, said

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Speaker 1: she will hand over a position to her son after

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Speaker 1: fifty two years on the throne formerly January fourteenth. And

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Speaker 1: that's news when you want it. I'm at Baxter and

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Speaker 1: this Bluebert